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  • #25,481
  • Jan 22, 2013 9:53pm Jan 22, 2013 9:53pm
Quoting Mr. Scott
Could not agree more with that sentiment. If you are losing and it comes back to you, close it. Can't say how many times I got greedy, wanted more pips, than it ran away from me.

Saw the bullish divergence today and very strong PA, just did not see it being able to break yet.

I am flat now, and looking.
At this moment, this guy is flat too....
Attached Image (click to enlarge)
Click to Enlarge Name: BULLISH BEAR-3.JPG Size: 61 KB
daddybearforex. com
  • #25,482
  • Jan 22, 2013 9:55pm Jan 22, 2013 9:55pm
Quoting HelloOz
http://t2.gstatic.com/images?q=tbn:A...yUQzJ09dDKFSoM
Is this a "X' rated movie?
daddybearforex. com
  • #25,483
  • Jan 22, 2013 9:58pm Jan 22, 2013 9:58pm
Quoting DaddyBear
Is this a "X' rated movie?
Gym time,
http://1.bp.blogspot.com/-XR0JfmtaLt...-With-Feet.jpg
  • #25,484
  • Jan 22, 2013 10:00pm Jan 22, 2013 10:00pm
Quoting DaddyBear
At this moment, this guy is flat too....
I really enjoy your cartoons.

Hope everyone else appreciates the wisdom embedded in them.

I can not draw, so rely on words.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #25,485
  • Jan 22, 2013 10:06pm Jan 22, 2013 10:06pm
Quoting DaddyBear
At this moment, this guy is flat too....
no 1.09 and 2.1 ?

http://www.forexfactory.com/attachme...0&d=1358913187
  • #25,486
  • Jan 22, 2013 10:25pm Jan 22, 2013 10:25pm
Can I have help please ?How do you work out the spot to start :100% or 0% with the fibonacci scale and is 100% at top or bottom? I know it might be a dumb question
  • #25,487
  • Jan 22, 2013 10:29pm Jan 22, 2013 10:29pm
Quoting arcticwolf
Can I have help please ?How do you work out the spot to start :100% or 0% with the fibonacci scale and is 100% at top or bottom? I know it might be a dumb question
Starting at 1.035 for beginning of big move to top.

Start there at 0.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #25,488
  • Jan 22, 2013 10:32pm Jan 22, 2013 10:32pm
Quoting arcticwolf
Can I have help please ?How do you work out the spot to start :100% or 0% with the fibonacci scale and is 100% at top or bottom? I know it might be a dumb question
Unfortunately, there is no rule set in stone for this. Most of the time you will see them drawn from complete lows to highs or vice versa. However, many people like to start them from big moves, breakout bars, etc. One thing you can do is try both each time and see what lines up with obvious S/R areas on the chart. Read various tech analysis articles posted daily for the AUD and notice where they put their's. In the end, it is all subjective.
  • #25,489
  • Jan 22, 2013 10:36pm Jan 22, 2013 10:36pm
somehow I am dumber than my question because that went right over my head ok so it is basicly each to their own
Quoting Mr. Scott
Starting at 1.035 for beginning of big move to top.

Start there at 0.
  • #25,490
  • Jan 22, 2013 10:37pm Jan 22, 2013 10:37pm
Quoting NWSTrading
Unfortunately, there is no rule set in stone for this. Most of the time you will see them drawn from complete lows to highs or vice versa. However, many people like to start them from big moves, breakout bars, etc. One thing you can do is try both each time and see what lines up with obvious S/R areas on the chart. Read various tech analysis articles posted daily for the AUD and notice where they put their's. In the end, it is all subjective.
To a certain extent yes, but we are looking at the EWC.

If you insert them as I described, you will see how the s/d zones have respected the fib levels.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #25,491
  • Jan 22, 2013 10:39pm Jan 22, 2013 10:39pm
Quoting arcticwolf
somehow I am dumber than my question because that went right over my head
No you are not. You are not dumb and neither is your question.

Drag drop insert Fibonacci retracement to 1.305 and expand to top.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #25,492
  • Jan 22, 2013 10:41pm Jan 22, 2013 10:41pm
Quoting HelloOz
i dont recall you ever welcome me
Your not alone, all he did was heckle us.......
The More You Learn, The More You Earn.....
  • #25,493
  • Jan 22, 2013 10:44pm Jan 22, 2013 10:44pm
http://afr.com/f/free/blogs/christopher_joye/february_rate_cut_unlikely_W2avD18LOxjRgqGQ1fvp6K

In case you missed it. Contradicts Swan's claim that they are likely to cut.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #25,494
  • Jan 22, 2013 10:44pm Jan 22, 2013 10:44pm
They are on the tire. Get a 10x magnifier.

Quoting HelloOz
no 1.09 and 2.1 ?

http://www.forexfactory.com/attachme...0&d=1358913187
daddybearforex. com
  • #25,495
  • Jan 22, 2013 10:48pm Jan 22, 2013 10:48pm
Quoting DaddyBear
They are on the tire. Get a 10x magnifier.
didnt know that was a car
  • #25,496
  • Jan 22, 2013 10:49pm Jan 22, 2013 10:49pm
ok I tried that my mt4 platform I can only see price between 1.052 and 1.056 so I scrolled back to when price was @1.035 insertedfib from price to top and 100% was on price and when I came back to today it was not there .Thanks for trying but I will go away and do some studies I think
Quoting Mr. Scott
No you are not.

Drag drop insert Fibonacci retracement to 1.305 and expand to top.
  • #25,497
  • Jan 22, 2013 10:50pm Jan 22, 2013 10:50pm
Quoting DaddyBear
As mentioned to Davit earlier, 520 is a congestion area.
It sure is, look at this mess......
From this last week......to the lower chart.......
Attached Image(s) (click to enlarge)
Click to Enlarge Name: a pete.JPG Size: 101 KB
Click to Enlarge Name: a cross.JPG Size: 108 KB
The More You Learn, The More You Earn.....
  • #25,498
  • Jan 22, 2013 10:52pm Jan 22, 2013 10:52pm
Quoting arcticwolf
ok I tried that my mt4 platform I can only see price between 1.052 and 1.056 so I scrolled back to when price was @1.035 insertedfib from price to top and 100% was on price and when I came back to today it was not there .Thanks for trying but I will go away and do some studies I think
Look at daily on mt4. Hit magnify out if you have to.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #25,499
  • Jan 22, 2013 10:55pm Jan 22, 2013 10:55pm
Hello,

I like the cartoons by the way...
Just wanted to say that I am still long term bullish for the AUD/USD pair. The current price action pattern of the triangle is suggestive of a correction with more upside potential after it completes.

Good luck,
Caleb L.
Inside Forex Trading Gives You The Edge To Succeed.
  • #25,500
  • Jan 22, 2013 10:57pm Jan 22, 2013 10:57pm
yep that is what I did but my 100% is @ price and 0% @ top of chart so do I start at the top and come down to price
Quoting Mr. Scott
Look at daily on mt4. Hit magnify out if you have to.
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