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  • #26,181
  • Jan 29, 2013 5:57am Jan 29, 2013 5:57am
Quoting USD-Bear
Ah well, I don't see it as long as we don't close above 1.05, should it be the case I'll bail and find higher levels to re-enter shorts
Although it has had a nice run-up since yesterday, the daily implies a further downside ahead.
daddybearforex. com
  • #26,182
  • Jan 29, 2013 5:59am Jan 29, 2013 5:59am
This is my daily chart
It would ( might ) agree with DB and Mr,Scott
My first position was taken first thing monday morning and will add if previous levels can hold above stop levels
done during public holiday
previous levels have been posted but they seem to shift,Mercy seat is correct
Response please anyone
  • #26,183
  • Jan 29, 2013 6:01am Jan 29, 2013 6:01am
Crap, chart sry...
Attached Image (click to enlarge)
Click to Enlarge Name: short long.jpg Size: 119 KB
  • #26,184
  • Jan 29, 2013 6:10am Jan 29, 2013 6:10am
Quoting Rampage
Crap, chart sry...

http://www.forexfactory.com/attachme...1&d=1359460870
The yellow line is too high IMO.
daddybearforex. com
  • #26,185
  • Jan 29, 2013 6:11am Jan 29, 2013 6:11am
Sry to Mr.Scott
If I went to far ban is ok
rules are rules after all.
  • #26,186
  • Jan 29, 2013 6:23am Jan 29, 2013 6:23am
Quoting DaddyBear
Although it has had a nice run-up since yesterday, the daily implies a further downside ahead.
This run-up looks more like a rebound than a reversal IMO.
daddybearforex. com
  • #26,187
  • Jan 29, 2013 6:32am Jan 29, 2013 6:32am
Last post Before I go to bed
yellow line looked at
now you see why I dont want to post
Attached Image (click to enlarge)
Click to Enlarge Name: revised yellow line.jpg Size: 128 KB
  • #26,188
  • Jan 29, 2013 6:38am Jan 29, 2013 6:38am
1.0440 looks critical

AU M15:
Attached Image (click to enlarge)
Click to Enlarge Name: Picture0130.jpg Size: 97 KB
Don't be a hero. Don't have an ego. Always question yourself
  • #26,189
  • Jan 29, 2013 6:47am Jan 29, 2013 6:47am
Quoting USD-Bear
1.0440 looks critical

AU M15:
Attachment
Looks like a bear flag.
daddybearforex. com
  • #26,190
  • Jan 29, 2013 6:49am Jan 29, 2013 6:49am
Quoting DaddyBear
Looks like a bear flag.
on H4 indeed, although it's a bit steep
Don't be a hero. Don't have an ego. Always question yourself
  • #26,191
  • Jan 29, 2013 6:51am Jan 29, 2013 6:51am
Quoting USD-Bear
1.0440 looks critical

AU M15:
Attachment
if it gets to 1.05ish, I'll try to keep a lid on it mate...

how you been bear?
Attached Image (click to enlarge)
Click to Enlarge Name: chart2.gif Size: 20 KB
Look Sharp/Trade Tight
  • #26,192
  • Jan 29, 2013 6:55am Jan 29, 2013 6:55am
Quoting PayTheLimit
if it gets to 1.05ish, I'll try to keep a lid on it mate...

how you been bear?
thanks for the help PTL, doing great lately with declining nr. of trades and more patience, I like it
Don't be a hero. Don't have an ego. Always question yourself
  • #26,193
  • Jan 29, 2013 7:04am Jan 29, 2013 7:04am
Quoting USD-Bear
thanks for the help PTL, doing great lately with declining nr. of trades and more patience, I like it
good to hear mate, I'm going in the same direction, less trades, less time behind this damn computer, hope you grab another good one, and then maybe a week down in Madeira or Las Palmas...

talk later...
Look Sharp/Trade Tight
  • #26,194
  • Jan 29, 2013 8:05am Jan 29, 2013 8:05am
I can feel the banks are about to burst (not the Brisbane river) 104400 if breached I have a nice short waiting for it at 104000
  • #26,195
  • Edited 10:09am Jan 29, 2013 9:56am | Edited 10:09am
Quoting Rampage
Crap, chart sry...
Thank you Rampage.

Not sure about yellow line but ran into some resistance at my 50 fib number of 1.0468. That is to be expected. EUR did same exact thing, but both look to want higher first. Once, broke, opens door for 1.049. After that, me and everyone else is probably looking for a good short.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #26,196
  • Jan 29, 2013 10:15am Jan 29, 2013 10:15am
Quoting DaddyBear
This run-up looks more like a rebound than a reversal IMO.
Agreed DaddyBear so far, but willing to ride along.

How are you doing?
The world you desire can be won. It exists.. it is real.. it is possible..
  • #26,197
  • Jan 29, 2013 10:24am Jan 29, 2013 10:24am
[Direct hit]. 80+% of the time the market begins the week away from weekly pivot we get a retracement back to it. Did it again. Now which way will it go? Above wkly pivot=bullish - below wkly pivot-bearish. If it stalls out here, look for the downtrend to resume in full force.
  • #26,198
  • Jan 29, 2013 10:55am Jan 29, 2013 10:55am
She's struggling to break 1.0465...
  • #26,199
  • Jan 29, 2013 10:55am Jan 29, 2013 10:55am
Quoting chiknthief
[Direct hit]. 80+% of the time the market begins the week away from weekly pivot we get a retracement back to it. Did it again. Now which way will it go? Above wkly pivot=bullish - below wkly pivot-bearish. If it stalls out here, look for the downtrend to resume in full force.
We agree it is important level. To me, 50% is always difficult to break through, plus weekly pivot.
Attached Image (click to enlarge)
Click to Enlarge Name: audusd.jpg Size: 76 KB
The world you desire can be won. It exists.. it is real.. it is possible..
  • #26,200
  • Jan 29, 2013 11:09am Jan 29, 2013 11:09am
Quoting Mr. Scott
Agreed DaddyBear so far, but willing to ride along.

How are you doing?
So so...
daddybearforex. com
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