Aussie Trading Room and Cartoons Gallery | Page 1392 | Forex Factory

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Aussie Trading Room and Cartoons Gallery

  • #27,821
  • Feb 20, 2013 9:31am Feb 20, 2013 9:31am
based on the 4h chart, this pair in heading down, my guess it will test 1.0230 by the end of the week
  • #27,822
  • Feb 20, 2013 9:48am Feb 20, 2013 9:48am
good morning everyone...here's where things get tricky..I've seen it so many times ...you think it's a good time to buy and in drops all of the sudden...so here's what I'm doing ...I have a short from 1.0328 TP is at 1.0280 and I will start long scalping at 1.0275-65 up to 1.0310 then decide if it is the time for the AUD to go down to the 1.02-1.0150 area..just my madness....
  • #27,823
  • Feb 20, 2013 10:34am Feb 20, 2013 10:34am
Quoting petehnm
good morning everyone...here's where things get tricky..I've seen it so many times ...you think it's a good time to buy and in drops all of the sudden...so here's what I'm doing ...I have a short from 1.0328 TP is at 1.0280 and I will start long scalping at 1.0275-65 up to 1.0310 then decide if it is the time for the AUD to go down to the 1.02-1.0150 area..just my madness....
This may work.....
daddybearforex. com
  • #27,824
  • Feb 20, 2013 10:37am Feb 20, 2013 10:37am
Quoting DaddyBear
This may work.....
so far so good...
  • #27,825
  • Feb 20, 2013 10:48am Feb 20, 2013 10:48am
Quoting petehnm
so far so good...
I believe you have been doing great.
daddybearforex. com
  • #27,826
  • Feb 20, 2013 12:06pm Feb 20, 2013 12:06pm
Quoting HelloOz
the last one,
is that F**K April?











Don't follow me! You can and most likely will LOSE all your money!!!!
  • #27,827
  • Feb 20, 2013 12:40pm Feb 20, 2013 12:40pm
IMO. the Aussie may have positive reaction to the Fed.
daddybearforex. com
  • #27,828
  • Feb 20, 2013 12:41pm Feb 20, 2013 12:41pm
hey daddy, still looking for 1.10 on weekly context? or we may see below parity first?
  • #27,829
  • Feb 20, 2013 12:53pm Feb 20, 2013 12:53pm
Quoting dokterriza
hey daddy, still looking for 1.10 on weekly context? or we may see below parity first?
You still remember that weekly chart. I'd say going to 1.10 first then dropping below the Parity later.
daddybearforex. com
  • #27,830
  • Feb 20, 2013 1:08pm Feb 20, 2013 1:08pm
After initial dip. The Aussie moves up. I see a100+ pips move plus positive swap.
daddybearforex. com
  • #27,831
  • Feb 20, 2013 1:10pm Feb 20, 2013 1:10pm
Quoting DaddyBear
After initial dip. The Aussie moves up. I see a100+ pips move plus positive swap.
This should be wave c up.
daddybearforex. com
  • #27,832
  • Feb 20, 2013 1:15pm Feb 20, 2013 1:15pm
Quoting DaddyBear
This should be wave c up.
After S2 is taken out, 1.0300 is next.
daddybearforex. com
  • #27,833
  • Feb 20, 2013 2:44pm Feb 20, 2013 2:44pm
Quoting HelloOz
this could be the other reason why it failed to close above..

http://fx2.it-finance.com/FXStreetFl...dc86f391ac.png
Is this what happen when you cant break 38.2fib?
Falling to 0% and regroup??
  • #27,834
  • Feb 20, 2013 2:46pm Feb 20, 2013 2:46pm
Quoting HelloOz
Is this what happen when you cant break 38.2fib?
Falling to 0% and regroup??

http://fx2.it-finance.com/FXStreetFl...dc86f391ac.png

Your reference points are not correct.
daddybearforex. com
  • #27,835
  • Feb 20, 2013 2:54pm Feb 20, 2013 2:54pm
I'm still short from .03257, +78 PIPs so far. I mistimed the entry point a little again on this one and should have been in closer to .03600. Need to use the M15 more to inform the entry point more accurately.

Intention is to hold it open while we test support at .02400 and will close on any bounce back past .02600.
  • #27,836
  • Feb 20, 2013 3:00pm Feb 20, 2013 3:00pm
This is what I see. These 2 areas are of interest to me. Plus I see possible 5 wave completion with nice divergence on AO. Time will tell but I think the bear gets back on the ski lift soon as well
Attached Image (click to enlarge)
Click to Enlarge Name: !hr audusd.jpg Size: 169 KB
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #27,837
  • Feb 20, 2013 3:05pm Feb 20, 2013 3:05pm
Quoting CNTrader
Time will tell but I think the bear gets back on the ski lift soon as well
Agreed. Once this position is closed I won't open another one before Glenn Stevens talks tomorrow. Hoping we can get back down past .02400 today and let it run a little longer.
  • #27,838
  • Feb 20, 2013 3:12pm Feb 20, 2013 3:12pm
Looks like Aussie is a bit stronger against dollar comparing with euro and pound. Took a long earlier and holding it.
When Scalpers win, I lose and Vice varsa...
  • #27,839
  • Feb 20, 2013 3:13pm Feb 20, 2013 3:13pm
Quoting Sinyk
Agreed. Once this position is closed I won't open another one before Glenn Stevens talks tomorrow. Hoping we can get back down past .02400 today and let it run a little longer.
A time to be a bear and a time to be a bull.
daddybearforex. com
  • #27,840
  • Feb 20, 2013 3:30pm Feb 20, 2013 3:30pm
An unwinding is imminent.
daddybearforex. com
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