Aussie Trading Room and Cartoons Gallery | Page 1452 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Cartoons and Pics 2,832 replies

EUR/USD Trading Room 328 replies

Do The Trading Room 20 replies

Attachments: Aussie Trading Room and Cartoons Gallery
Exit Attachments

Aussie Trading Room and Cartoons Gallery

  • #29,021
  • Mar 21, 2013 4:21pm Mar 21, 2013 4:21pm
Quoting DaddyBear
The reason that I knew it is pulling back and entered the short before 830 EST was based on my judgment.

Good judgments came from good experiences.
Good experiences came from bad judgments.

I have made too many bad judgments before and believed in myself too much. I did not always follow my own systems. After getting burned so many times, now when I see a fire I believe it is a fire.

I built up my Holy Grail System from those painful experiences. When I see a pattern emerges, I would take it seriously.
That is the only way to learn..........
Before Alien became smarter, he was trying to pick tops and would short into a long market, but now he goes with the trend more and knows how to pick tops..............Good Job DB..........
The More You Learn, The More You Earn.....
  • #29,022
  • Mar 21, 2013 4:26pm Mar 21, 2013 4:26pm
Quoting forexalien
That is the only way to learn..........
Before Alien became smarter, he was trying to pick tops and would short into a long market, but now he goes with the trend more and knows how to pick tops..............Good Job DB..........
Where have you been?
daddybearforex. com
  • #29,023
  • Mar 21, 2013 4:29pm Mar 21, 2013 4:29pm
Quoting DaddyBear
I trade the Aussie today because the EJ is so choppy. The chance of getting killed is very high. This POS moves like a turtle now and in turn safer to trade it.
Choppy Good......................for Alien.........
The More You Learn, The More You Earn.....
  • #29,024
  • Mar 21, 2013 4:32pm Mar 21, 2013 4:32pm
Quoting DaddyBear
Even Bullears cannot escape the ax of this choppy woman......
You Guys are knocking it out of the park today...........! 5 or 6 pages in 8 hours, just like the good ol' days..........

http://www.forexfactory.com/attachme...1&d=1363882355
The More You Learn, The More You Earn.....
  • #29,025
  • Mar 21, 2013 4:39pm Mar 21, 2013 4:39pm
Quoting DaddyBear
I have posted quite a few messages this morning regarding the pending pullback. I put my money where my mouth is. To be honest, there is always a chance that my judgment was wrong. My thinking is that I have done my best and prepared to take the worst. If it was a mistake, I would find out why and learn how to improve the trading later.
Not saying the pull back isn't coming, the Daily, H4 and H1 still have momentum long, M15 is mixed, so this level could continue up to 104.75 area yet tonight and Friday...........
Attached Image (click to enlarge)
Click to Enlarge Name: aud 3_21_2013 marked.JPG Size: 218 KB
The More You Learn, The More You Earn.....
  • #29,026
  • Mar 21, 2013 4:45pm Mar 21, 2013 4:45pm
Quoting surgeon
Which, BTW, is the basis (the shorts vs longs hedging on one currency pair) with which I have invested the last one month of my time attempting to invent a kind of trading system - to no avail so far.

I suspect most traders would have tinkered with this crazy long-shorts hedge idea one time or the other in their earlier carriers and I might just crack it yet.
don't hedge.....it never comes out pretty....IMO.......
The More You Learn, The More You Earn.....
  • #29,027
  • Mar 21, 2013 4:50pm Mar 21, 2013 4:50pm
Quoting dbutton1990
I see a small pull back here before the next high is made
It's holding support well, but to clear some stops you may be correct...........
The More You Learn, The More You Earn.....
  • #29,028
  • Mar 21, 2013 4:52pm Mar 21, 2013 4:52pm
Quoting dbutton1990
I see a small pull back here before the next high is made
Could you share your insights as to why only a small pullback here?
daddybearforex. com
  • #29,029
  • Mar 21, 2013 4:54pm Mar 21, 2013 4:54pm
Quoting DaddyBear
Where have you been?
I have been testing my Not to be at the computer system......how am I doing..........this is from this week only, almost a 1/3 increase but not yet....
Going for doubling it every month , but we will see how that goes. EJ has been looking for me too.............
Attached Image (click to enlarge)
Click to Enlarge Name: 3_21_2013 report snipped thrusday.JPG Size: 110 KB
The More You Learn, The More You Earn.....
  • #29,030
  • Mar 21, 2013 5:07pm Mar 21, 2013 5:07pm
let's see if we get up there.
Attached Image (click to enlarge)
Click to Enlarge Name: aussie_010.gif Size: 23 KB
  • #29,031
  • Edited 8:15pm Mar 21, 2013 5:11pm | Edited 8:15pm
Quoting forexalien
Not saying the pull back isn't coming, the Daily, H4 and H1 still have momentum long, M15 is mixed, so this level could continue up to 104.75 area yet tonight and Friday...........
Let me share my H1 with a different approach....
Attached Image (click to enlarge)
Click to Enlarge Name: 032113-H1.JPG Size: 86 KB
daddybearforex. com
  • #29,032
  • Mar 21, 2013 5:55pm Mar 21, 2013 5:55pm
Medium impact Aussie news coming up in few minutes. If positive it could halt this sluggish pullback and start the beginning of the journey northwards.
I see Beasts. I drop my scalpel and beckon to theatre nurse: "Charts!&
RubiconFund Return Today: -7.5%
  • #29,033
  • Mar 21, 2013 5:58pm Mar 21, 2013 5:58pm
I've been stopped out - all of my shorts. Relief, really. Sad.
I see Beasts. I drop my scalpel and beckon to theatre nurse: "Charts!&
RubiconFund Return Today: -7.5%
  • #29,034
  • Mar 21, 2013 6:01pm Mar 21, 2013 6:01pm
The way I see it, hedging is akin to closing the trade - and given that similarity, one might as well close the trade until a better level is reached. You are not really making any money when hedging - it's all a matter of psychology.
  • #29,035
  • Mar 21, 2013 6:04pm Mar 21, 2013 6:04pm
Quoting surgeon
Medium impact Aussie news coming up in few minutes. If positive it could halt this sluggish pullback and start the beginning of the journey northwards.
0.2% is more than double the previous negative.

I've b0ught tickets and I'm fastening my seat-belt already. Surgical tools within reach in this mobile clinic.
I see Beasts. I drop my scalpel and beckon to theatre nurse: "Charts!&
RubiconFund Return Today: -7.5%
  • #29,036
  • Mar 21, 2013 6:08pm Mar 21, 2013 6:08pm
Quoting surgeon
0.2% is more than double the previous negative.

I've b0ught tickets and I'm fastening my seat-belt already. Surgical tools within reach in this mobile clinic.
.. Only problem is we are not taking off already!

Waiting for more passengers to get onboard - maybe a flight delay of up to 12 hours, even.
I see Beasts. I drop my scalpel and beckon to theatre nurse: "Charts!&
RubiconFund Return Today: -7.5%
  • #29,037
  • Mar 21, 2013 6:26pm Mar 21, 2013 6:26pm
Quoting maximmm
The way I see it, hedging is akin to closing the trade - and given that similarity, one might as well close the trade until a better level is reached. You are not really making any money when hedging - it's all a matter of psychology.
In all practicality, for now you are right.

However in a steadily ranging channel, if only one had the ability of predicting the tops and bottoms 100% correctly - which is not possible for now - think of what one would be able to harvest at both ends of the swing especially when with hedging(the same currency pair -shorting and longing at the daily pivot point for example), one can use high leverage with little fear of a margin call as long as the system is perfectly predictable - which is the tall order here, obviously.

So, I'm working on 70 percent predictability of swing highs and lows - that's something to focus on.
I see Beasts. I drop my scalpel and beckon to theatre nurse: "Charts!&
RubiconFund Return Today: -7.5%
  • #29,038
  • Mar 21, 2013 8:23pm Mar 21, 2013 8:23pm
Quoting surgeon
In all practicality, for now you are right.

However in a steadily ranging channel, if only one had the ability of predicting the tops and bottoms 100% correctly - which is not possible for now - think of what one would be able to harvest at both ends of the swing especially when with hedging(the same currency pair -shorting and longing at the daily pivot point for example), one can use high leverage with little fear of a margin call as long as the system is perfectly predictable - which is the tall order here, obviously.

So, I'm working...
I have absolutely nothing against shorting/longing the same currency pair, hedging.... really does nothing in that respect. If you'd like to provide an example, I'd gladly consider it, but as thing stand, hedging does not really increase your leverage.
  • #29,039
  • Mar 21, 2013 8:37pm Mar 21, 2013 8:37pm
My opion is that hedeging helps if a trade goes against you because of news and it is going to come back to the trend it stops you losing any more money as you keep an eye on it and bail at the turn
Quoting maximmm
I have absolutely nothing against shorting/longing the same currency pair, hedging.... really does nothing in that respect. If you'd like to provide an example, I'd gladly consider it, but as thing stand, hedging does not really increase your leverage.
  • #29,040
  • Mar 21, 2013 8:40pm Mar 21, 2013 8:40pm
The Aussie has become a POS. The current rate is the same as that in the morning. The PA has been in 25 pips tight range all day.
daddybearforex. com
12 traders viewing now