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  • #24,441
  • Jan 17, 2013 8:43am Jan 17, 2013 8:43am
Quoting forexalien
That would be 150 standard contracts , chump change , they only needed $375,000 in their account to cover that trade for now.....
why are they buying after the bad news?

I wish they get burned.
  • #24,442
  • Jan 17, 2013 8:47am Jan 17, 2013 8:47am
Quoting mry2001
why are they buying after the bad news?

I wish they get burned.
Their either scapling, bad traders, or giving me their money..........
The More You Learn, The More You Earn.....
  • #24,443
  • Jan 17, 2013 8:50am Jan 17, 2013 8:50am
Quoting Mr. Scott
It looks as though there was a great deal of long positioning going on ahead of the Chinese data scheduled for tomorrow (and expected to show growth); AUD tumbling as these are flushed out. 1.0490/1.0500 the next buying zone for bids

AUD/USD Stops Being Triggered

From forexlive.com (http://www.forexlive.com/blog/2013/01/17/audusd-stops-being-triggered/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+forexlive-rss+%28Forex+News+by+ForexLive.com%29&utm_content=Google+Reader)...
As per last night before the support was found, I bought at 1.049-1.05 and sold 10 minutes ago.

Just went short, looking for pb and struggle to get through new supply zone.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #24,444
  • Jan 17, 2013 8:52am Jan 17, 2013 8:52am
Quoting Mr. Scott
As per last night before the support was found, I bought at 1.049-1.05 and sold 10 minutes ago.

Just went short, looking for pb and struggle to get through new supply zone.
Any minute now mate im sitting here at 2am waiting for the bloody fall!
  • #24,445
  • Jan 17, 2013 8:56am Jan 17, 2013 8:56am
Quoting Arman_A
Any minute now mate im sitting here at 2am waiting for the bloody fall!

Just posting what I am doing, high probability scalp with low risk, daily waves not helpful so look at hourly, pretty clear.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #24,446
  • Jan 17, 2013 8:59am Jan 17, 2013 8:59am
Quoting Mr. Scott
Just posting what I am doing, high probability scalp with low risk, daily waves not helpful so look at hourly, pretty clear.
Yea probably should have scalped. Keeping my eye on the 5m-1h chart. Hopefully a bit of good news out of US will bring it down a notch!
  • #24,447
  • Jan 17, 2013 9:01am Jan 17, 2013 9:01am
The market was waiting for Philly Fed Manufacturing Index. It was the reason both sides were stuck in a tight range.
daddybearforex. com
  • #24,448
  • Jan 17, 2013 9:05am Jan 17, 2013 9:05am
Quoting DaddyBear
The market was waiting for Philly Fed Manufacturing Index. It was the reason both sides were stuck in a tight range.
"A key index measuring business activity in the Mid-Atlantic declined in January, coming in at negative 5.8 percent. Economists polled by Reuters had predicted that the Philadelphia Fed index would tick higher from last month. They forecast the rise in new orders increased in January to give a reading of 5.8, up from 4.6 in December." -CNBC-
daddybearforex. com
  • #24,449
  • Jan 17, 2013 9:06am Jan 17, 2013 9:06am
Im confused im... out too risky.
  • #24,450
  • Jan 17, 2013 9:07am Jan 17, 2013 9:07am
Quoting DaddyBear
The market was waiting for Philly Fed Manufacturing Index. It was the reason both sides were stuck in a tight range.
I don't need no stinking fundamentals!
The world you desire can be won. It exists.. it is real.. it is possible..
  • #24,451
  • Jan 17, 2013 9:18am Jan 17, 2013 9:18am
Let's see if AU able to break 1.0540 SR level and stay above.


Twinsummit
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD TEST LEVEL - 2013.01.17 1.3.jpg Size: 173 KB
Trade what you SEE, don't trade what you FEEL. Be Smart! - (Webadoi)
  • #24,452
  • Jan 17, 2013 9:24am Jan 17, 2013 9:24am
Quoting Mr. Scott
As per last night before the support was found, I bought at 1.049-1.05 and sold 10 minutes ago.

Just went short, looking for pb and struggle to get through new supply zone.
Great Job ! It took a couple of hours to get going last night it looked like....
The More You Learn, The More You Earn.....
  • #24,453
  • Jan 17, 2013 9:26am Jan 17, 2013 9:26am
Quoting Mr. Scott
I don't need no stinking fundamentals!
I double that !
The More You Learn, The More You Earn.....
  • #24,454
  • Jan 17, 2013 9:27am Jan 17, 2013 9:27am
Quoting forexalien
Great Job ! It took a couple of hour to get going last night it looked like....
TY. Hope bears and bulls made money.

Going through tough supply zone here and looks like wave should be ending, we will see, just a little scalp set up here.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #24,455
  • Jan 17, 2013 9:32am Jan 17, 2013 9:32am
Quote
Mark Twain: History does not repeat but it rhymes.

Posted last night, not sure if everyone got it.

Point is this:

Market = Nature

Market loves symmetry, but hates redundancy.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #24,456
  • Jan 17, 2013 9:39am Jan 17, 2013 9:39am
Going back down again? Ressisted big time
  • #24,457
  • Jan 17, 2013 9:39am Jan 17, 2013 9:39am
I'd like to give my thanks to Alien's post regarding the downward channel and 61.80% topping. It's really helpful to everyone here including myself. Sometimes I was too busy to check the Fibonacci retracement.
daddybearforex. com
  • #24,458
  • Jan 17, 2013 9:42am Jan 17, 2013 9:42am
Quoting DaddyBear
I'd like to thank Alien's post regarding the downward channel and 61.80% topping. It's really helpful to everyone here including myself. Sometimes I was too busy to check the Fibonacci retracement.
I agree, thank you alien.

That is why it is helpful to be on DaddyBear's excellent thread.

Sometimes we are busy and miss the obvious.

I see waves and patterns in my head, and then I put my wallet in the toaster. Same idea.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #24,459
  • Jan 17, 2013 9:43am Jan 17, 2013 9:43am
Quoting DaddyBear
I'd like to give my thanks to Alien's post regarding the downward channel and 61.80% topping. It's really helpful to everyone here including myself. Sometimes I was too busy to check the Fibonacci retracement.
Good thing i placed a short @ 1.05380 b4 heading to bed
  • #24,460
  • Jan 17, 2013 9:44am Jan 17, 2013 9:44am
Quoting Mr. Scott
I agree, thank you alien.

That is why it is helpful to be on DaddyBear's excellent thread.

Sometimes we are busy and miss the obvious.

I see waves and patterns in my head, and then I put my wallet in the toaster. Same idea.
it really is a solid thread good company good cartoons very friendly love it
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