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  • #26,481
  • Jan 31, 2013 1:48pm Jan 31, 2013 1:48pm
The aussie can have a huge downside correction and still be in a long term bull market. I'm gonna wait until I see commercials move away from their extreme net short and into the long category before I turn bullish. The market must correct to the downside in a major fashion before that happens. Cycles and seasonals also point downward until april.
  • #26,482
  • Jan 31, 2013 1:49pm Jan 31, 2013 1:49pm
Quoting DaddyBear
This is the cahrt. A bull within a bear.

http://www.forexfactory.com/attachme...1&d=1359255364
Nice work my friend, I did not want to say it but it is there.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #26,483
  • Jan 31, 2013 1:52pm Jan 31, 2013 1:52pm
Quoting DaddyBear
This is the cahrt. A bull within a bear.

http://www.forexfactory.com/attachme...1&d=1359255364
In conclusion, weekly is equivalent to this ...
http://www.forexfactory.com/attachme...1&d=1354041111
daddybearforex. com
  • #26,484
  • Jan 31, 2013 2:01pm Jan 31, 2013 2:01pm
Hello DB / Scott / All,
Bears have it now?
2H Chart:
Cheers,
U2
Attached Image (click to enlarge)
Click to Enlarge Name: 130131_2H[1] AUDUSD.png Size: 18 KB
Wait, or you will be slaughtered!
  • #26,485
  • Jan 31, 2013 2:04pm Jan 31, 2013 2:04pm
Quoting Uturn2
Hello DB / Scott / All,
Bears have it now?
2H Chart:
Cheers,
U2
Welcome Uturn2. Nice chart. -DB-
daddybearforex. com
  • #26,486
  • Jan 31, 2013 2:04pm Jan 31, 2013 2:04pm
Quoting Uturn2
Hello DB / Scott / All,
Bears have it now?
2H Chart:
Cheers,
U2
Welcome my friend. Please continue to contribute to DaddyBear's thread, you will fit in nicely.

Cheers,
Scott
The world you desire can be won. It exists.. it is real.. it is possible..
  • #26,487
  • Jan 31, 2013 2:09pm Jan 31, 2013 2:09pm
Thats all she wrote, folks. DOWN we go.


BULLS ------- THIS WAY
Attached Image
  • #26,488
  • Jan 31, 2013 2:12pm Jan 31, 2013 2:12pm
TY DB / Scott,
Will do.
I would have shorted it,
but it's time for some zzzzzzzzzzzzzzz's.

5 waves up should be wave 1,
and now wave 2 correction.
I might catch wave 3 tomorrow morning GMT.

Have to expect some shadow on the base of the February MLY candle.
Could be some jigging around tomorrow and Monday.
GN all,
U2



Quoting DaddyBear
Welcome Uturn2. Nice chart. -DB-
Wait, or you will be slaughtered!
  • #26,489
  • Jan 31, 2013 2:22pm Jan 31, 2013 2:22pm
MLY Chart shows a bias to the Long side at present level [above 1.04].
A lot of rejection above 425 and then 490.
Cheers and definitely GN.
U2
Attached Image (click to enlarge)
Click to Enlarge Name: 130131_MLY[1] AUDUSD.png Size: 15 KB
Wait, or you will be slaughtered!
  • #26,490
  • Jan 31, 2013 2:28pm Jan 31, 2013 2:28pm
Quoting Uturn2
MLY Chart shows a bias to the Long side at present level [above 1.04].
A lot of rejection above 425 and then 490.
Cheers and definitely GN.
U2
MLY Levels:
Attached Image (click to enlarge)
Click to Enlarge Name: 130131_MLY[2] AUDUSD.png Size: 15 KB
Wait, or you will be slaughtered!
  • #26,491
  • Jan 31, 2013 2:38pm Jan 31, 2013 2:38pm
Keep hearing about this wave and that wave. What kinda waves are you referring to? I see lots of waves. I also see a possible wave 1 and 2 with a BIG wave 3 headed south just now beginning.

I guess folks can read whatever they wanna read into it to justify their bias.
Attached Image (click to enlarge)
Click to Enlarge Name: Waves.JPG Size: 102 KB
  • #26,492
  • Jan 31, 2013 2:42pm Jan 31, 2013 2:42pm
It's like a Chess match right now.
I see Beasts. I drop my scalpel and beckon to theatre nurse: "Charts!&
RubiconFund Return Today: na
  • #26,493
  • Jan 31, 2013 2:51pm Jan 31, 2013 2:51pm
Quoting surgeon
It's like a Chess match right now.

Yep, it sure is. I see these waves too.
Attached Image (click to enlarge)
Click to Enlarge Name: Waves 1+2.JPG Size: 105 KB
  • #26,494
  • Jan 31, 2013 2:53pm Jan 31, 2013 2:53pm
Getting close to trend line support and good buy levels. Read a few comments about bears have it...
They have what? Basically just trading in the range 1.06 to 1.017. If I am not mistaken price is trading around or just above the 50% Fib in this range which is at 1.0386 or so.

Good luck.
Inside Forex Trading Gives You The Edge To Succeed.
  • #26,495
  • Jan 31, 2013 2:56pm Jan 31, 2013 2:56pm
DLY:
Line in the sand for me [Long],
is the Lower Orange Support Channel Line.
If it turns at or above,
I'm Long.
Couple of days maximum and we will know for sure.
Cheers,
U2
Attached Image (click to enlarge)
Click to Enlarge Name: 130131_DLY[1] AUDUSD.png Size: 21 KB
Wait, or you will be slaughtered!
  • #26,496
  • Jan 31, 2013 3:07pm Jan 31, 2013 3:07pm
Quoting InsideForexT
Getting close to trend line support and good buy levels. Read a few comments about bears have it...
They have what? Basically just trading in the range 1.06 to 1.017. If I am not mistaken price is trading around or just above the 50% Fib in this range which is at 1.0386 or so.
Good luck.
Hi IFT:
"bears have it" was my comment.
Short term 2H Chart.
[So far 2 hours down since that chart was posted]
It is all relevant to the time frame being viewed.
Cheers,
U2
Attached Image (click to enlarge)
Click to Enlarge Name: 130131_30m[1] AUDUSD.png Size: 18 KB
Wait, or you will be slaughtered!
  • #26,497
  • Jan 31, 2013 3:09pm Jan 31, 2013 3:09pm
As always, the best play here is patience.
I see Beasts. I drop my scalpel and beckon to theatre nurse: "Charts!&
RubiconFund Return Today: na
  • #26,498
  • Jan 31, 2013 3:09pm Jan 31, 2013 3:09pm
Quoting InsideForexT
Getting close to trend line support and good buy levels. Read a few comments about bears have it...
They have what? Basically just trading in the range 1.06 to 1.017. If I am not mistaken price is trading around or just above the 50% Fib in this range which is at 1.0386 or so.

Good luck.

What do the bears have??? ---------> 'THIS' - RED circle bottom RH corner. Very powerful.
Attached Image (click to enlarge)
Click to Enlarge Name: COT comm.JPG Size: 96 KB
  • #26,499
  • Jan 31, 2013 3:10pm Jan 31, 2013 3:10pm
Quoting Mr. Scott
Closed short +6, did not like PA.
Damn, I hate these close misses
Don't be a hero. Don't have an ego. Always question yourself
  • #26,500
  • Jan 31, 2013 3:12pm Jan 31, 2013 3:12pm
Currewnt price level has been the most pivotal for many weeks. Kind of like the quarter-year pivot point.
I see Beasts. I drop my scalpel and beckon to theatre nurse: "Charts!&
RubiconFund Return Today: na
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