Aussie Trading Room and Cartoons Gallery | Page 1267 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Cartoons and Pics 2,832 replies

EUR/USD Trading Room 328 replies

Do The Trading Room 20 replies

Attachments: Aussie Trading Room and Cartoons Gallery
Exit Attachments

Aussie Trading Room and Cartoons Gallery

  • #25,321
  • Jan 22, 2013 7:51am Jan 22, 2013 7:51am
Quoting DaddyBear
Daily-01/21/13. The INDI X indicates the continued weakness of the Aussie.
What's INDI X doing today?

http://www.forexfactory.com/attachme...1&d=1358815925 (http://www.forexfactory.com/attachment.php?attachmentid=1121114&d=1358815925)
The More You Learn, The More You Earn.....
  • #25,322
  • Jan 22, 2013 7:58am Jan 22, 2013 7:58am
Although it was a strong move last night, a retracement is still needed before next big move can occur.
daddybearforex. com
  • #25,323
  • Jan 22, 2013 7:59am Jan 22, 2013 7:59am
good morning DB nearly bell time
Quoting DaddyBear
Good morning everyone!
  • #25,324
  • Jan 22, 2013 8:01am Jan 22, 2013 8:01am
Goodnight from Syd xo
Happy trading!
  • #25,325
  • Jan 22, 2013 8:01am Jan 22, 2013 8:01am
Quoting arcticwolf
anyone got any forsight into where the aud is going ? I surely don't at the moment I went off into town and then working up the paddock and missed this boat
What is the Paddock at your place?
The More You Learn, The More You Earn.....
  • #25,326
  • Jan 22, 2013 8:03am Jan 22, 2013 8:03am
140 acres
Quoting forexalien
What is the Paddock at your place?
  • #25,327
  • Jan 22, 2013 8:03am Jan 22, 2013 8:03am
Because it is EOD, I have to wait until 1730 EST to download today's candle and INDI X. I could give you an incorrect answer yesterday. After a hook up, a hook down is still in the cards. I'd say there may be 5 waves in total instead of 3.

Quoting forexalien
What's INDI X doing today?

http://www.forexfactory.com/attachme...1&d=1358815925 (http://www.forexfactory.com/attachment.php?attachmentid=1121114&d=1358815925)
daddybearforex. com
  • #25,328
  • Jan 22, 2013 8:08am Jan 22, 2013 8:08am
Quoting DaddyBear
Good morning everyone!
Gm, Daddy Bear.

Quoting Mr. Scott
Sold to you then at 1.0580.
Respected th 4h tl and 200 ma. Took out the fibs on the way up. Figure it is reloading to make attempt at 58 for double three or triple top, however you like it.

So, need at least a pb there as looks a little tired. No position now.

What is outlook? Figure we need to correct further? Or can we blow off the top with c?
The world you desire can be won. It exists.. it is real.. it is possible..
  • #25,329
  • Jan 22, 2013 8:08am Jan 22, 2013 8:08am
What is going to happen next depends on the retracement. Although previous low stayed above the LTL of the channel, it broke 38.20%. This is a factor can be taken into consideration.
daddybearforex. com
  • #25,330
  • Jan 22, 2013 8:09am Jan 22, 2013 8:09am
Good afternoon from Barcelona. Aussie nice price to go down.. short @ 1.04459
  • #25,331
  • Jan 22, 2013 8:15am Jan 22, 2013 8:15am
Quoting DaddyBear
What is going to happen next depends on the retracement. Although previous low stayed above the LTL of the channel, it broke 38.20%. This is a factor can be taken into consideration.
IMO, last night's PA could be a corrective move against the corrective move of the larger degree. In other words, it may be the wave B.

The other possibility is it is the onset of a large scale upward move. Regardless of which way it goes in the end, a retracement is needed.
daddybearforex. com
  • #25,332
  • Jan 22, 2013 8:17am Jan 22, 2013 8:17am
Quoting loculocu
Good afternoon from Barcelona. Aussie nice price to go down.. short @ 1.04459
Is 1.04459 a typo?
daddybearforex. com
  • #25,333
  • Jan 22, 2013 8:23am Jan 22, 2013 8:23am
Quoting DaddyBear
What is going to happen next depends on the retracement. Although previous low stayed above the LTL of the channel, it broke 38.20%. This is a factor can be taken into consideration.
I see what you are saying if you look at candles, but not if you look at lines. Lines never broke 38.2 and respected the fibs until last night. Took them all out. So, I am looking at 100% retracement then down.

If you see 5 waves, then I would say 1=1 is possible.

I do give credence to lines based on close vs candles.

Quote
DaddyBear: IMO, last night's PA could be a corrective move against the corrective move of the larger degree. In other words, it may be the wave B.

The other possibility is it is the onset of a large scale upward move. Regardless of which way it goes in the end, a retracement is needed

Exactly. Could be either. That is what I see and why I asked. Scary but thank you.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #25,334
  • Jan 22, 2013 8:25am Jan 22, 2013 8:25am
Quoting arcticwolf
140 acres
Like a animal sanctuary , very nice !
The More You Learn, The More You Earn.....
  • #25,335
  • Jan 22, 2013 8:37am Jan 22, 2013 8:37am
This has been a longtime question to me. Should I use H/L or close to count waves? I guess Elliot did not know the existence of Japanese Candlesticks. If he used line chart with the close the H/L were not taken into his considerations. Not sure if he had the bar chart to use at that time.

Quoting Mr. Scott
I see what you are saying if you look at candles, but not if you look at lines. Lines never broke 38.2 and respected the fibs until last night. Took them all out. So, I am looking at 100% retracement then down.

If you see 5 waves, then I would say 1=1 is possible.

I do give credence to lines based on close vs candles.



Exactly. Could be either. That is what I see and why I asked. Scary but thank you.
daddybearforex. com
  • #25,336
  • Jan 22, 2013 8:38am Jan 22, 2013 8:38am
1000 EST Existing Home Sales may become a catalyst of the next move.
daddybearforex. com
  • #25,337
  • Jan 22, 2013 8:40am Jan 22, 2013 8:40am
Quoting DaddyBear
1000 EST Existing Home Sales may become a catalyst of the next move.
20 more minutes, we will have the answer or may be sooner......
daddybearforex. com
  • #25,338
  • Jan 22, 2013 8:40am Jan 22, 2013 8:40am
Around 1.0533 looks like a good spot for a TP according to the the new Climax prediction system I am working on.
  • #25,339
  • Jan 22, 2013 8:41am Jan 22, 2013 8:41am
Quoting DaddyBear
This has been a longtime question to me. Should I use H/L or close to count waves? I guess Elliot did not know the existence of Japanese Candlesticks. If he used line chart with the close the H/L were not taken into his considerations. Not sure if he had the bar chart to use at that time.
Well, when you have the Holy Grail, please be sure to share a little.

But I think they used to use bar charts by hand. But I always give more credence to close and respect the "damage" candles can do.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #25,340
  • Jan 22, 2013 8:41am Jan 22, 2013 8:41am
Quoting DaddyBear
Is 1.04459 a typo?
Sorry the price is 1.05459 down until 1.03000 hope get this price in one month or two..
2 traders viewing now