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Aussie Trading Room and Cartoons Gallery

  • #25,641
  • Jan 23, 2013 9:59am Jan 23, 2013 9:59am
Quoting DaddyBear
Retest? If I am not wrong, it's going to flood until all bulls slide to the hillside.....
This could be a fake out to the upside.....
The More You Learn, The More You Earn.....
  • #25,642
  • Jan 23, 2013 10:00am Jan 23, 2013 10:00am
Quoting Kissa
And that is why i only go long
What is "that"?
daddybearforex. com
  • #25,643
  • Jan 23, 2013 10:02am Jan 23, 2013 10:02am
Quoting forexalien
This could be a fake out to the upside.....
Got support at 23.6, now meeting resistance at 38.2 of move.

EUR did something similar today and stalled at 50.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #25,644
  • Jan 23, 2013 10:03am Jan 23, 2013 10:03am
Quoting DaddyBear
What is "that"?
That is me pretending to cry after being stopped out on the short
But not to worry as it all part of the business.
  • #25,645
  • Jan 23, 2013 10:13am Jan 23, 2013 10:13am
Quoting DaddyBear
DB's books?
The one's you recommened and I mail ordered, EWC & FIBS ....You really need to drink more prune juice.....
The More You Learn, The More You Earn.....
  • #25,646
  • Jan 23, 2013 10:17am Jan 23, 2013 10:17am
Quoting Kissa
And that is why i only go long
Did you break your own rule......?
The More You Learn, The More You Earn.....
  • #25,647
  • Jan 23, 2013 10:18am Jan 23, 2013 10:18am
Quoting DaddyBear
Why wouldn't you expect it to break 1.053 and 1.049?

I don't expect it to break those because there's no catalyst (yet), the market is too supported to the downside, and people are buying gold which supports Aussie, I'd expect it to eventually overcome 1.06 first. But, if and when it does break those S1 supports, this guy is going back to 1.03 in a day. Doing my best to stay neutral bias here, I've had a solid buy at 1.053 for the last two weeks, more than happy to just collect swaps and scalp as Aussie ranges.
  • #25,648
  • Jan 23, 2013 10:21am Jan 23, 2013 10:21am
Quoting forexalien
Did you break your own rule......?
Yeah,, i hate it when i do it,

fixed it with a long put thats a +- 0 thing.

50 pushups and no beer on Friday.
  • #25,649
  • Jan 23, 2013 10:27am Jan 23, 2013 10:27am
Quoting Kissa
Yeah,, i hate it when i do it,

fixed it with a long put thats a +- 0 thing.

50 pushups and no beer on Friday.
If it makes you feel better, you were long USD.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #25,650
  • Jan 23, 2013 10:29am Jan 23, 2013 10:29am
What are everyone's thoughts on the vote to extend the U.S debt celing just now? Good for US equities. Doesn't seem to have much effect on AUD?
  • #25,651
  • Jan 23, 2013 10:34am Jan 23, 2013 10:34am
Quoting forexalien
The one's you recommened and I mail ordered, EWC & FIBS ....You really need to drink more prune juice.....
I eat dried prunes not juice. I thought Aliens have constipation all the time. You Aliens should drink prune juice....
daddybearforex. com
  • #25,652
  • Jan 23, 2013 10:37am Jan 23, 2013 10:37am
Quoting NWSTrading
What are everyone's thoughts on the vote to extend the U.S debt celing just now? Good for US equities. Doesn't seem to have much effect on AUD?
It will be passed anyway. Not sure what impact on the Aussie will be.
daddybearforex. com
  • #25,653
  • Jan 23, 2013 10:50am Jan 23, 2013 10:50am
Quoting NWSTrading
What are everyone's thoughts on the vote to extend the U.S debt celing just now? Good for US equities. Doesn't seem to have much effect on AUD?
Would not give much credence to equities, fake market. Only goes up due to Fed intervention and other central banks printing money and buying assets.

Got a little move last night on that news around 12 midnight EST if I remember correctly, should already be discounted.

CAD is more important, currency wars, stagflation, and possible bubbles are a lot more important to currency market.

But more concerned with charts.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #25,654
  • Jan 23, 2013 10:51am Jan 23, 2013 10:51am
Quoting DaddyBear
I eat dried prunes not juice. I thought Aliens have constipation all the time. You Aliens should drink prune juice....
I am glad you have such a good humor about yourself......
The More You Learn, The More You Earn.....
  • #25,655
  • Jan 23, 2013 10:54am Jan 23, 2013 10:54am
Quoting forexalien
I am glad you have such a good humor about yourself......
You see trading is stressful. I need some fun and dried prunes to make my life easier.....
daddybearforex. com
  • #25,656
  • Jan 23, 2013 10:57am Jan 23, 2013 10:57am
Quoting lolygagv2
I don't expect it to break those because there's no catalyst (yet), the market is too supported to the downside, and people are buying gold which supports Aussie, I'd expect it to eventually overcome 1.06 first. But, if and when it does break those S1 supports, this guy is going back to 1.03 in a day. Doing my best to stay neutral bias here, I've had a solid buy at 1.053 for the last two weeks, more than happy to just collect swaps and scalp as Aussie ranges.
Thanks for your explanation. But, don't count on 1.0530 too much just because it did well for you. It is not ironclad.
daddybearforex. com
  • #25,657
  • Jan 23, 2013 10:59am Jan 23, 2013 10:59am
Quoting forexalien
I don't have time today to go into a whole book. But one of the indicators I watch is the SVE RSI I-FISH. Bottom window - Blue only indicator. I added the red boxes and black lines up and down to show distance in time. A lot of them are near equal distance, so this is the area I am studying in right now , while I am waiting for DB's books to show up in the mail.....I will add the unmarked chart also....
This is the reason I don't like MT4 very much. The scripts are hard to handle. It is more like a machine language for Aliens .......
daddybearforex. com
  • #25,658
  • Jan 23, 2013 11:05am Jan 23, 2013 11:05am
Quoting DaddyBear
Thanks for your explanation. But, don't count on 1.0530 too much just because it did well for you. It is not ironclad.
53 looks like fupport to me.

Fake support.

Nice little bounce, but real demand zone is below that.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #25,659
  • Jan 23, 2013 11:14am Jan 23, 2013 11:14am
Quoting DaddyBear
This is the reason I don't like MT4 very much. The scripts are hard to handle. It is more like a machine language for Aliens .......
It's Plug and Play...Baby..... . 10,000 ready made indicators, tweak them at will, to get what you need.....
The More You Learn, The More You Earn.....
  • #25,660
  • Jan 23, 2013 11:15am Jan 23, 2013 11:15am
Quoting DaddyBear
This is the reason I don't like MT4 very much. The scripts are hard to handle. It is more like a machine language for Aliens .......
I like designing indicators with TradeStation EasyLanguage, NinjaTrader, and ProRealTime. These are very powerful platforms as well.
daddybearforex. com
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