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Aussie Trading Room and Cartoons Gallery

  • #26,961
  • Feb 4, 2013 11:10pm Feb 4, 2013 11:10pm
so you are thinking that we are at or around the bottom (for this time ) about now , I am just trying to work out my plans as I have a short lurking @ 1.038 that I would like to bail on at BE
Quoting DaddyBear
1.04xx >>>>>> 1.10xx >>>>>> 0.6xxx
  • #26,962
  • Feb 4, 2013 11:11pm Feb 4, 2013 11:11pm
Quoting Mr. Scott
DaddyBear, the more I look at this, the more I see 1.08 as inevitable. The only question is how do we get there? I can see it from here, or I can see it through 1.01 from 1.055. Either way target is 1.08.

Are you still leaning towards a launch from here if I remember correctly?

Really struggling with this one, so just sit, wait, and play levels for now.
1.04xx ^^^^^^^^1.10xx vvvvvvvvvv 0.60xxx
daddybearforex. com
  • #26,963
  • Feb 4, 2013 11:13pm Feb 4, 2013 11:13pm
Quoting DaddyBear
1.04xx ^^^^^^^^1.10xx vvvvvvvvvv 0.60xxx
Thank you sir. I see it too.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #26,964
  • Feb 4, 2013 11:13pm Feb 4, 2013 11:13pm
Quoting arcticwolf
so you are thinking that we are at or around the bottom (for this time ) about now , I am just trying to work out my plans as I have a short lurking @ 1.038 that I would like to bail on at BE
I did not say anything about the bottom for this time. Waiting for the confirmation is better.
daddybearforex. com
  • #26,965
  • Feb 4, 2013 11:16pm Feb 4, 2013 11:16pm
ok i was not trying to put words into your mouth
Quoting DaddyBear
I did not say anything about the bottom for this time. Waiting for the confirmation is better.
  • #26,966
  • Feb 4, 2013 11:18pm Feb 4, 2013 11:18pm
Quoting arcticwolf
so you are thinking that we are at or around the bottom (for this time ) about now , I am just trying to work out my plans as I have a short lurking @ 1.038 that I would like to bail on at BE
Due to the pattern and its wave location, I wouldn't be surprised if this retracement is 100% or more.
daddybearforex. com
  • #26,967
  • Feb 4, 2013 11:19pm Feb 4, 2013 11:19pm
Quoting DaddyBear
Due to the pattern and its wave location, I wouldn't be surprised if this retracement is 100% or more.
Can a retracement go beyond 100%? I think so if it is a corrective wave.
daddybearforex. com
  • #26,968
  • Feb 4, 2013 11:20pm Feb 4, 2013 11:20pm
Quoting DaddyBear
Can a retracement go beyond 100%? I think so if it is a corrective wave.
Yes that is correct.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #26,969
  • Feb 4, 2013 11:22pm Feb 4, 2013 11:22pm
this is where I don't know as much as you guys I can't read the "comfirmation " signs yet
  • #26,970
  • Feb 4, 2013 11:30pm Feb 4, 2013 11:30pm
Quoting arcticwolf
this is where I don't know as much as you guys I can't read the "comfirmation " signs yet
for me fib level and candle..
  • #26,971
  • Feb 4, 2013 11:30pm Feb 4, 2013 11:30pm
Quoting DaddyBear
Can a retracement go beyond 100%? I think so if it is a corrective wave.
that's what i mean at my first question

"retrace for upside movement or retrace for next fall?"

been boring trade Aussie lately, just look at monthly chart since november till january, range is tight!

your comment for monthly chart?
  • #26,972
  • Feb 4, 2013 11:32pm Feb 4, 2013 11:32pm
So can anyone tell me if I have got my fib placed properly as I read it that we are at/or about 61.8% retracement
  • #26,973
  • Feb 4, 2013 11:33pm Feb 4, 2013 11:33pm
Quoting arcticwolf
this is where I don't know as much as you guys I can't read the "comfirmation " signs yet
Sit on your hands until the bottom is formed then take a long shower. After the shower, come back to enter your trade.
Attached Image (click to enlarge)
Click to Enlarge Name: GARGOYLE-5.JPG Size: 82 KB
daddybearforex. com
  • #26,974
  • Feb 4, 2013 11:36pm Feb 4, 2013 11:36pm
Quoting arcticwolf
So can anyone tell me if I have got my fib placed properly as I read it that we are at/or about 61.8% retracement
http://fx2.it-finance.com/FXStreetFl...07114d0455.png
  • #26,975
  • Feb 4, 2013 11:36pm Feb 4, 2013 11:36pm
Quoting dokterriza
that's what i mean at my first question

"retrace for upside movement or retrace for next fall?"

been boring trade Aussie lately, just look at monthly chart since november till january, range is tight!

your comment for monthly chart?
Weekly....

http://www.forexfactory.com/attachme...1&d=1355371078
daddybearforex. com
  • #26,976
  • Feb 4, 2013 11:39pm Feb 4, 2013 11:39pm
Koala bear, you have to replace your avatar with a flat version....

Quoting HelloOz
http://fx2.it-finance.com/FXStreetFl...07114d0455.png
daddybearforex. com
  • #26,977
  • Feb 4, 2013 11:39pm Feb 4, 2013 11:39pm
Quoting HelloOz
http://fx2.it-finance.com/FXStreetFl...07114d0455.png
RSI and stoch indicate AUD is oversold..
good place to enter long at 61.8 and keep a close eye on it..
now, draw a new fib and target 38.2% and/or 61.8%

http://fx2.it-finance.com/FXStreetFl...6bef52ce07.png
  • #26,978
  • Feb 4, 2013 11:40pm Feb 4, 2013 11:40pm
Quoting DaddyBear
Sit on your hands until the bottom is formed then take a long shower. After the shower, come back to enter your trade.
dont forget to wash your hands..
  • #26,979
  • Feb 4, 2013 11:41pm Feb 4, 2013 11:41pm
yep thanks koala that looks about the same
Quoting HelloOz
http://fx2.it-finance.com/FXStreetFl...07114d0455.png
  • #26,980
  • Feb 4, 2013 11:47pm Feb 4, 2013 11:47pm
Quoting HelloOz
dont forget to wash your hands..
Don't you wash your hands when taking a shower?
daddybearforex. com
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