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  • #28,461
  • Mar 5, 2013 2:35am Mar 5, 2013 2:35am
I'm a bear today. Bought .01255 at 17:44 AEST yesterday and sold .02039 at 12:51 AEST today, prior to RBA. Been looking for another entry this afternoon and just sold at .02325. Looking for .01200 then .00800. Trading channel in graph attached.
Attached Image (click to enlarge)
Click to Enlarge Name: audusd_20130305.png Size: 227 KB
  • #28,462
  • Mar 5, 2013 2:57am Mar 5, 2013 2:57am
Quoting DaddyBear
Did you short randomly?
I took a short because I thought it was done. But seems like it wants more
A 1 pip gain is better than a 1 pip loss.
  • #28,463
  • Mar 5, 2013 3:01am Mar 5, 2013 3:01am
Quoting forexalien
You can not see your charts?

50% retrace would be 1.0169 area .................
Is that inclusive of the highs 1.025x?
A 1 pip gain is better than a 1 pip loss.
  • #28,464
  • Mar 5, 2013 4:08am Mar 5, 2013 4:08am
Quoting Arman_A
Didn't the swap kill you!?
Just about broke even at 1.016.. not the point though,

appears market has reversed from daily trend, obviously will wait for more confirmation as AUDUSD seemed to have formed an H4 downward channel, sitting at upper level.

In my opinion, market can still fall below 1.01 if channel holds
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD H4 Downward Channel.PNG Size: 56 KB
Even the worst trade can close with profit. Just give it time.
  • #28,465
  • Mar 5, 2013 4:20am Mar 5, 2013 4:20am
Quoting John Gray
In my opinion, market can still fall below 1.01 if channel holds
Dooooown dooooown...
Attached Image (click to enlarge)
Click to Enlarge Name: DSC08869.JPG Size: 118 KB
  • #28,466
  • Mar 5, 2013 4:54am Mar 5, 2013 4:54am
Quoting Sinyk
Dooooown dooooown...
U stole that from coles??????
  • #28,467
  • Mar 5, 2013 4:57am Mar 5, 2013 4:57am
Quoting HelloOz
U stole that from coles??????
Nup...

(http://2.bp.blogspot.com/_twmJx7VcH6w/TPdyBtMJFTI/AAAAAAAAACs/rqNUhcOwg6E/s1600/DSC08869.JPG)

EDIT: She appears to be on the move in line with my expectations so far... =)
  • #28,468
  • Mar 5, 2013 5:34am Mar 5, 2013 5:34am
Quoting aeternum
Is that inclusive of the highs 1.025x?
Yes.....
The More You Learn, The More You Earn.....
  • #28,469
  • Mar 5, 2013 5:38am Mar 5, 2013 5:38am
25 minutes ago the M1 - M15 just hit a bottom and turned up.

The H1 still has room to come down...........
The More You Learn, The More You Earn.....
  • #28,470
  • Mar 5, 2013 5:56am Mar 5, 2013 5:56am
Quoting aeternum
Took a long at 1.01216. TP at 1.02241. After which it would be better to see what it does at the fib levels.
It retraced to 1.025x instead of 1.02241 where I was waiting for it. See pa for now
A 1 pip gain is better than a 1 pip loss.
  • #28,471
  • Mar 5, 2013 6:03am Mar 5, 2013 6:03am
Quoting aeternum
It retraced to 1.025x instead of 1.02241 where I was waiting for it. See pa for now
Took a short looking for 61.8. Tp at 1.01006, using old chart to show. Hopefully it works out!
Attached Image (click to enlarge)
Click to Enlarge Name: image.jpg Size: 332 KB
A 1 pip gain is better than a 1 pip loss.
  • #28,472
  • Mar 5, 2013 12:57pm Mar 5, 2013 12:57pm
Quoting DaddyBear
I know there is a Morning Star. But, it is not confirmed.
now, since it's been confirmed... how would you buy this?
  • #28,473
  • Mar 5, 2013 1:04pm Mar 5, 2013 1:04pm
Quoting pkimnyc
now, since it's been confirmed... how would you buy this?
The day is not over.
daddybearforex. com
  • #28,474
  • Mar 5, 2013 1:06pm Mar 5, 2013 1:06pm
Quoting pkimnyc
now, since it's been confirmed... how would you buy this?
My message was only related to the conformation issue. I did not call for a short or a long either.
daddybearforex. com
  • #28,475
  • Mar 5, 2013 1:11pm Mar 5, 2013 1:11pm
Just something to watch, as it bounced off tl first time.
Attached Image (click to enlarge)
Click to Enlarge Name: aud4h.jpg Size: 83 KB
The world you desire can be won. It exists.. it is real.. it is possible..
  • #28,476
  • Mar 5, 2013 1:12pm Mar 5, 2013 1:12pm
Quoting pkimnyc
now, since it's been confirmed... how would you buy this?
Furthermore, Based on my daily chart reading, the bottom has not in place yet.
Attached Image (click to enlarge)
Click to Enlarge Name: AUD-030513-D.JPG Size: 142 KB
daddybearforex. com
  • #28,477
  • Mar 5, 2013 1:12pm Mar 5, 2013 1:12pm
Quoting DaddyBear
My message was only related to the conformation issue. I did not call for a short or a long either.
I see. Gl.
  • #28,478
  • Mar 5, 2013 1:13pm Mar 5, 2013 1:13pm
Quoting Mr. Scott
Just something to watch, as it bounced off tl first time.
Twas a breakout not a bounce.
I see Beasts. I drop my scalpel and beckon to theatre nurse: "Charts!&
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  • #28,479
  • Mar 5, 2013 1:14pm Mar 5, 2013 1:14pm
Quoting DaddyBear
Furthermore, Based on my daily chart reading, the bottom has not in place yet.
Bottom is dictated by market makers, not by tredlines.
  • #28,480
  • Mar 5, 2013 1:14pm Mar 5, 2013 1:14pm
Also, my chart does not have a Morning Star either.

Quoting DaddyBear
Furthermore, Based on my daily chart reading, the bottom has not in place yet.

http://www.forexfactory.com/attachme...1&d=1362510766
daddybearforex. com
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