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Aussie Trading Room and Cartoons Gallery

  • #27,561
  • Feb 13, 2013 1:13am Feb 13, 2013 1:13am
There's a wedge forming. Those usually make the decision easier.
  • #27,562
  • Feb 13, 2013 3:08am Feb 13, 2013 3:08am
Hi DB

I am preparing some charts to post for consideration for everyone this is a headache for me
  • #27,563
  • Feb 13, 2013 3:13am Feb 13, 2013 3:13am
Do you think it will retrace to 1.02600?
  • #27,564
  • Feb 13, 2013 3:31am Feb 13, 2013 3:31am
Ignore my 15m trade as I will zoom chart out

Where you see a foundation is important as I have no direction on monthly
I still urge everyone to chart hard right now regardless of style
All lines other than level posted are just markers for future reference
Attached Image(s) (click to enlarge)
Click to Enlarge Name: h4 zoomed.jpg Size: 129 KB
Click to Enlarge Name: daily zoomed.jpg Size: 130 KB
Click to Enlarge Name: weekly.jpg Size: 121 KB
Click to Enlarge Name: monthly.jpg Size: 115 KB
  • #27,565
  • Feb 13, 2013 3:50am Feb 13, 2013 3:50am
All aboard, departing in 10 minutes.
  • #27,566
  • Feb 13, 2013 4:05am Feb 13, 2013 4:05am
Quoting Kissa
All aboard, departing in 10 minutes.
North or South?
daddybearforex. com
  • #27,567
  • Feb 13, 2013 4:06am Feb 13, 2013 4:06am
I try south till 1.2600 than strong buy
  • #27,568
  • Feb 13, 2013 4:25am Feb 13, 2013 4:25am
Quoting Neohau
I try south till 1.2600 than strong buy
Green pips to you!
daddybearforex. com
  • #27,569
  • Feb 13, 2013 4:44am Feb 13, 2013 4:44am
I would like to see it drop to there because there is an inverted H&S pattern forming on the 4hr which should take us back to 1.05.

But 1.03 looms as strong support now.

Retail sales in the US like to bust 1.03 or take us all the way up to 1.04

Thoughts?
  • #27,570
  • Feb 13, 2013 6:51am Feb 13, 2013 6:51am
Quoting whyphi
I would like to see it drop to there because there is an inverted H&S pattern forming on the 4hr which should take us back to 1.05.

But 1.03 looms as strong support now.

Retail sales in the US like to bust 1.03 or take us all the way up to 1.04

Thoughts?
A retest of the low is in the cards.
daddybearforex. com
  • #27,571
  • Feb 13, 2013 7:00am Feb 13, 2013 7:00am
Lets see that retest
  • #27,572
  • Feb 13, 2013 7:03am Feb 13, 2013 7:03am
Quoting whyphi
I would like to see it drop to there because there is an inverted H&S pattern forming on the 4hr which should take us back to 1.05.

But 1.03 looms as strong support now.

Retail sales in the US like to bust 1.03 or take us all the way up to 1.04

Thoughts?
DB and whypi

i think we have come to a strong support area if not already but very near ......1.0166
i think a bounce from low this week is now confirmed and heading for 1.056x again.

chart on this post
http://www.forexfactory.com/showthread.php?p=6440737#post6440737
Wooooohooooo or Boooooohooooo
  • #27,573
  • Feb 13, 2013 7:05am Feb 13, 2013 7:05am
Quoting DaddyBear
A retest of the low is in the cards.
agreed
Sometimes it's better to be wrong,to learn..
  • #27,574
  • Feb 13, 2013 7:06am Feb 13, 2013 7:06am
The Aussie has been in a consolidation mode since last night.
daddybearforex. com
  • #27,575
  • Feb 13, 2013 7:07am Feb 13, 2013 7:07am
Quoting gnomoneey
DB and whypi

i think we have come to a strong support area if not already but very near ......1.0166
i think a bounce from low this week is now confirmed and heading for 1.056x again.

chart on this post
http://www.forexfactory.com/showthread.php?p=6440737#post6440737
I think so too.
daddybearforex. com
  • #27,576
  • Feb 13, 2013 7:08am Feb 13, 2013 7:08am
Quoting KiNgEdwarD
agreed
King, where have you been?
daddybearforex. com
  • #27,577
  • Feb 13, 2013 7:13am Feb 13, 2013 7:13am
visited time to time,didn't posted here,how are you DB?
Sometimes it's better to be wrong,to learn..
  • #27,578
  • Feb 13, 2013 8:16am Feb 13, 2013 8:16am
Quoting KiNgEdwarD
visited time to time,didn't posted here,how are you DB?
O.K.
daddybearforex. com
  • #27,579
  • Feb 13, 2013 8:21am Feb 13, 2013 8:21am
Quoting DaddyBear
O.K.
nice,be O.K always
Sometimes it's better to be wrong,to learn..
  • #27,580
  • Feb 13, 2013 9:31am Feb 13, 2013 9:31am
A correction is needed before the Aussie can move up again.
daddybearforex. com
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