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Aussie Trading Room and Cartoons Gallery

  • #25,661
  • Jan 23, 2013 1:17pm Jan 23, 2013 1:17pm
Hi all,

I have one question. What impact for a/u news from China can do?
  • #25,662
  • Jan 23, 2013 1:18pm Jan 23, 2013 1:18pm
Quoting DaddyBear
I like designing indicators with TradeStation EasyLanguage, NinjaTrader, and ProRealTime. These are very powerful platforms as well.
Can you design EA's ..as well ?
The More You Learn, The More You Earn.....
  • #25,663
  • Jan 23, 2013 1:42pm Jan 23, 2013 1:42pm
Quoting DaddyBear
You see trading is stressful. I need some fun and dried prunes to make my life easier.....
With all your years of experience and seat time, you are still stressed? Don't you make set in stone trades and pour it into your Bear Bag of Money?
The More You Learn, The More You Earn.....
  • #25,664
  • Jan 23, 2013 2:15pm Jan 23, 2013 2:15pm
Quoting forexalien
Can you design EA's ..as well ?
I think so but not with MT4. Auto trading can be designed as well.
daddybearforex. com
  • #25,665
  • Jan 23, 2013 2:19pm Jan 23, 2013 2:19pm
Quoting forexalien
With all your years of experience and seat time, you are still stressed? Don't you make set in stone trades and pour it into your Bear Bag of Money?
Stress cannot be avoided completely. I have had not much stress about today's trade because the entry was almost right on the money.

I believe if I stick to my system with enough patient, I shall be doing very well in the near future. May be retired in a few years and move to Australia .......
daddybearforex. com
  • #25,666
  • Jan 23, 2013 2:21pm Jan 23, 2013 2:21pm
Quoting LinasPet
Hi all,

I have one question. What impact for a/u news from China can do?
Either up or down.
daddybearforex. com
  • #25,667
  • Jan 23, 2013 2:27pm Jan 23, 2013 2:27pm
I think the struggle between the Bulls and the Bears may have come to a end at this point IMO.
daddybearforex. com
  • #25,668
  • Jan 23, 2013 2:30pm Jan 23, 2013 2:30pm
Quoting DaddyBear
I think the struggle between the Bulls and the Bears may have come to a end at this point IMO.
What do you think about all of the long bottom wicks on 1 hour chart. Do you give much importance to them? The wicks seem to be screaming long, but other than that I am seeing bear sign all over the place. Thanks!
  • #25,669
  • Jan 23, 2013 2:34pm Jan 23, 2013 2:34pm
Quoting NWSTrading
What do you think about all of the long bottom wicks on 1 hour chart. Do you give much importance to them? The wicks seem to be screaming long, but other than that I am seeing bear sign all over the place. Thanks!
They drew my attention as well. They serveed like the brakes to slow down the down trend. Due to the fact that their positions are not at the top or bottom of patterns/waves, the significances may be discounted IMO.
daddybearforex. com
  • #25,670
  • Jan 23, 2013 2:37pm Jan 23, 2013 2:37pm
Quoting NWSTrading
What do you think about all of the long bottom wicks on 1 hour chart. Do you give much importance to them? The wicks seem to be screaming long, but other than that I am seeing bear sign all over the place. Thanks!
I believe candlesticks should be evaluated with other indicators at the same time to get the real meanings of that particular candle and a bigger picture in mind.
daddybearforex. com
  • #25,671
  • Jan 23, 2013 2:41pm Jan 23, 2013 2:41pm
Quoting DaddyBear
They drew my attention as well. They serveed like the brakes to slow down the down trend. Due to the fact that their positions are not at the top or bottom of patterns/waves, the significances may be discounted IMO.

Makes sense. Guess we'll find out soon enough!
  • #25,672
  • Jan 23, 2013 2:45pm Jan 23, 2013 2:45pm
M15 ADX has been compressed to a very low level. The next move should be unwinding all the energy accumulated today. When the pressure is released, a big move can be expected.
daddybearforex. com
  • #25,673
  • Jan 23, 2013 2:49pm Jan 23, 2013 2:49pm
Quoting DaddyBear
Stress cannot be avoided completely. I have had not much stress about today's trade because the entry was almost right on the money.

I believe if I stick to my system with enough patient, I shall be doing very well in the near future. May be retired in a few years and move to Australia .......
What do you use to take your entries? You just don't pull numbers out of your hat, I'm sure......
The More You Learn, The More You Earn.....
  • #25,674
  • Jan 23, 2013 2:51pm Jan 23, 2013 2:51pm
Quoting DaddyBear
M15 ADX has been compressed to a very low level. The next move should be unwinding all the energy accumulated today. When the pressure is released, a big move can be expected.
M1 and M5 long at this time, could change.....
The More You Learn, The More You Earn.....
  • #25,675
  • Jan 23, 2013 2:52pm Jan 23, 2013 2:52pm
Morning ....
  • #25,676
  • Jan 23, 2013 2:52pm Jan 23, 2013 2:52pm
Quoting DaddyBear
M15 ADX has been compressed to a very low level. The next move should be unwinding all the energy accumulated today. When the pressure is released, a big move can be expected.
H4 has been doing the same, maybe larger move up tonight or tomorrow.....
The More You Learn, The More You Earn.....
  • #25,677
  • Jan 23, 2013 2:53pm Jan 23, 2013 2:53pm
Quoting HelloOz
Morning ....
Morning Buckwheat
The More You Learn, The More You Earn.....
  • #25,678
  • Jan 23, 2013 3:19pm Jan 23, 2013 3:19pm
Please explain these no's to me I getting lost
Quoting DaddyBear
We are at 48 now. Next is 27. It will be more than 10 ish pips.....
  • #25,679
  • Jan 23, 2013 3:28pm Jan 23, 2013 3:28pm
Quoting HelloOz
Morning ....
Good evening Koala!
daddybearforex. com
  • #25,680
  • Jan 23, 2013 3:29pm Jan 23, 2013 3:29pm
Quoting arcticwolf
Please explain these no's to me I getting lost
1.0548 is the Pivot. 1.0527 is the previous low. 1.0517 is S1.
daddybearforex. com
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