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  • #26,441
  • Jan 31, 2013 12:01pm Jan 31, 2013 12:01pm
Quoting chiknthief
U must be trading off a 5M chart.
No, I am on 4h and daily.

Shorted at 1.052 and now I have switched to long.

1.04 is rejected, just like 1.035 last time.

1.06 will be tested again. This pair is not as fun as eur/usd.
  • #26,442
  • Jan 31, 2013 12:11pm Jan 31, 2013 12:11pm
Quoting mry2001
No, I am on 4h and daily.

Shorted at 1.052 and now I have switched to long.

1.04 is rejected, just like 1.035 last time.

1.06 will be tested again. This pair is not as fun as eur/usd.

You must be real bullish if you think it has enough strength to make it way back up to 106oo. This market is primed and ready to take a massive dump. Be careful.
  • #26,443
  • Jan 31, 2013 12:15pm Jan 31, 2013 12:15pm
Quoting mry2001
No, I am on 4h and daily.

Shorted at 1.052 and now I have switched to long.

1.04 is rejected, just like 1.035 last time.

1.06 will be tested again. This pair is not as fun as eur/usd.
You might be right. However, a retest of the low is still highly likely.
daddybearforex. com
  • #26,444
  • Jan 31, 2013 12:19pm Jan 31, 2013 12:19pm
Quoting chiknthief
You must be real bullish if you think it has enough strength to make it way back up to 106oo. This market is primed and ready to take a massive dump. Be careful.
IMO I see limited downside at this point. Sky is the limit until ......
daddybearforex. com
  • #26,445
  • Jan 31, 2013 12:20pm Jan 31, 2013 12:20pm
Quoting USD-Bear
stop @ BE
gave it 10 pips extra room
Don't be a hero. Don't have an ego. Always question yourself
  • #26,446
  • Jan 31, 2013 12:24pm Jan 31, 2013 12:24pm
Quoting USD-Bear
gave it 10 pips extra room
It may go up to 1.0462 IMO.
daddybearforex. com
  • #26,447
  • Jan 31, 2013 12:26pm Jan 31, 2013 12:26pm
Quoting USD-Bear
gave it 10 pips extra room
Instead of moving SL, I closed it. Now, I am a free bear.
daddybearforex. com
  • #26,448
  • Jan 31, 2013 12:28pm Jan 31, 2013 12:28pm
Quoting DaddyBear
Instead of moving SL, I closed it. Now, I am a free bear.
maybe best, just feel it's bloody critical atm, so don't want to lose it by 2 or 3 pips
Don't be a hero. Don't have an ego. Always question yourself
  • #26,449
  • Jan 31, 2013 12:29pm Jan 31, 2013 12:29pm
Quoting DaddyBear
IMO I see limited downside at this point. Sky is the limit until ......
don't say it.

Just entered short, closed long. Entering supply zone.

High probability scalp at 61.8 of move, risk a few pips, see if we can get sharp correction down after flat today.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #26,450
  • Jan 31, 2013 12:30pm Jan 31, 2013 12:30pm
Quoting DaddyBear
It may go up to 1.0462 IMO.
If fact, if Chik was 50% right, AUD shall move up at least to 1.047xx.
daddybearforex. com
  • #26,451
  • Jan 31, 2013 12:31pm Jan 31, 2013 12:31pm
Quoting USD-Bear
maybe best, just feel it's bloody critical atm, so don't want to lose it by 2 or 3 pips
which costs me -10
Don't be a hero. Don't have an ego. Always question yourself
  • #26,452
  • Jan 31, 2013 12:31pm Jan 31, 2013 12:31pm
Transitioning from triangle to sideways channel. Could go to 106oo but doubtful. A retest of broken DTL happened tue and wed. Will it hold ? I believe we'll soon break out of the sideways channel to the downside and the bulls will get washed out.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: aud daily.gif Size: 26 KB
Click to Enlarge Name: aud wkly.gif Size: 25 KB
  • #26,453
  • Jan 31, 2013 12:32pm Jan 31, 2013 12:32pm
Quoting DaddyBear
ChikBear, you really need to use this three times a day........

http://www.forexfactory.com/attachme...1&d=1359389867
I like this one ....
The Market pays you to be disciplined
  • #26,454
  • Jan 31, 2013 12:32pm Jan 31, 2013 12:32pm
Because I am a free bear now, I have no bias. The evaluation is more objective.

Quoting Mr. Scott
don't say it.

Just entered short, closed long. Entering supply zone.

High probability scalp at 61.8 of move, risk a few pips, see if we can get sharp correction down after flat today.
daddybearforex. com
  • #26,455
  • Jan 31, 2013 12:34pm Jan 31, 2013 12:34pm
Quoting Mr. Scott
don't say it.

Just entered short, closed long. Entering supply zone.

High probability scalp at 61.8 of move, risk a few pips, see if we can get sharp correction down after flat today.
good luck, bastards got me @ 1.0450 prob the high....
Don't be a hero. Don't have an ego. Always question yourself
  • #26,456
  • Jan 31, 2013 12:36pm Jan 31, 2013 12:36pm
Quoting mima
I like this one ....
Like this one? The deodorant, the ultra bear or the cartoon? If you like the bear, give Chik a bear hug....
daddybearforex. com
  • #26,457
  • Jan 31, 2013 12:41pm Jan 31, 2013 12:41pm
Quoting DaddyBear
Like this one? The deodorant, the ultra bear or the cartoon? If you like the bear, give Chik a bear hug....
Not sure if Chik is a woman or a girl...... or a female bear......
daddybearforex. com
  • #26,458
  • Jan 31, 2013 12:45pm Jan 31, 2013 12:45pm
Here we go. H4 trendline.
Attached Image
  • #26,459
  • Jan 31, 2013 12:48pm Jan 31, 2013 12:48pm
I see a higher order to override this TL. A break is possible.

Quoting chiknthief
Here we go. H4 trendline.

http://www.forexfactory.com/attachme...1&d=1359657916
daddybearforex. com
  • #26,460
  • Jan 31, 2013 12:49pm Jan 31, 2013 12:49pm
Judging from the last few days pattern of up one day, down the next, we should have a BIG down day tomorrow.
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