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  • #29,061
  • Mar 22, 2013 5:10am Mar 22, 2013 5:10am
Quoting billv
I hope you're right
Yes, I was right last night and still right now and will be right until the pullback is done.
daddybearforex. com
  • #29,062
  • Mar 22, 2013 5:14am Mar 22, 2013 5:14am
I exited my short yesterday. After the bulls had exhausted this morning, I reentered short at a higher level.
daddybearforex. com
  • #29,063
  • Mar 22, 2013 5:27am Mar 22, 2013 5:27am
H1-032213
The chart pattern is crystal clear. A kiss by the Death signal appears in the lower panel. The River made a turn to the South again.
Attached Image (click to enlarge)
Click to Enlarge Name: 032213-H1.JPG Size: 92 KB
daddybearforex. com
  • #29,064
  • Mar 22, 2013 5:33am Mar 22, 2013 5:33am
Quoting DaddyBear
H1-032213
The chart pattern is crystal clear. A kiss by the Death signal appears in the lower panel. The River made a turn to the South again.
The daily [not shown] has turned 180 degree to the bearish side after yesterday close.
daddybearforex. com
  • #29,065
  • Mar 22, 2013 5:37am Mar 22, 2013 5:37am
lolwut. A beast you are.

Quoting DaddyBear
Good morning. I have increased my account 63% since Wednesday. It's o.k.
  • #29,066
  • Mar 22, 2013 5:42am Mar 22, 2013 5:42am
Regarding the extent of the pullback, I think a 100% retracement is in the cards. There will be two phases.
daddybearforex. com
  • #29,067
  • Mar 22, 2013 5:46am Mar 22, 2013 5:46am
Quoting JollyBean
lolwut. A beast you are.
I scalped and hit one EJ jackpot last night.
daddybearforex. com
  • #29,068
  • Mar 22, 2013 9:29am Mar 22, 2013 9:29am
Quoting DaddyBear
Regarding the extent of the pullback, I think a 100% retracement is in the cards. There will be two phases.
Hi-, Master DB, you meant 100% retracement from daily chart, which means drop back to 1.0114...Are you serious?
  • #29,069
  • Mar 22, 2013 9:36am Mar 22, 2013 9:36am
Quoting ShepherdL
Hi-, Master DB, you meant 100% retracement from daily chart, which means drop back to 1.0114...Are you serious?
It may reach 88.60% and stop. But, it's normal to see a retest of the previous low. It is what it is.
daddybearforex. com
  • #29,070
  • Mar 22, 2013 9:39am Mar 22, 2013 9:39am
Quoting ShepherdL
Hi-, Master DB, you meant 100% retracement from daily chart, which means drop back to 1.0114...Are you serious?
I called the bottom of previous low and it was very close. Is there any problem that the Aussie drops to 1.0114?
daddybearforex. com
  • #29,071
  • Mar 22, 2013 9:53am Mar 22, 2013 9:53am
Quoting DaddyBear
I called the bottom of previous low and it was very close. Is there any problem that the Aussie drops to 1.0114?
Of course, there is no problem at all
But you said in the medium-term, you think AUD would go up
  • #29,072
  • Mar 22, 2013 9:57am Mar 22, 2013 9:57am
Quoting ShepherdL
Of course, there is no problem at all
But you said in the medium-term, you think AUD would go up
This pullback is in the near term context.
daddybearforex. com
  • #29,073
  • Mar 22, 2013 11:59am Mar 22, 2013 11:59am
Monthly R2 is at 1.056. We should meet that before any correction
  • #29,074
  • Mar 22, 2013 12:06pm Mar 22, 2013 12:06pm
It would appear that there will be a gap after this weekend

I also suspect that gap will greatly vary between different pairs - that is, euro may gap higher, while aud may gap lower

I also suspect that cyprus may actually decide to go with eu initial proposal to slash bank savings accounts to raise the funds for the bailout - which would explain why the gap will vary to a great extent - on one hand, it's great for euro, euro will remain alive for a little while longer, on the other hand, it's actually a very bad move for risk pairs, since slashing savings account as a part of bailout terms is bad for the global economy and well, in the long run, it's also very bad for the euro - though euro may remain in its teflon form a while longer

Of course, it could also be reverse - lower gap for euro and higher gap for aud, but we shall see^^
  • #29,075
  • Mar 22, 2013 12:34pm Mar 22, 2013 12:34pm
I know I'm right when not even one person counters my view! ^^
  • #29,076
  • Mar 22, 2013 12:49pm Mar 22, 2013 12:49pm
There will definitely be a gap - 1.0457 is the key area . I haven't traded AUDUSD in a while, but after this slow moving day and realizing it's been only moving ~60 pip per day for last few weeks, I will try not to come back to it regardless of PA. It feels like slow torture just watching it move.
  • #29,077
  • Mar 22, 2013 1:01pm Mar 22, 2013 1:01pm
Quoting DaddyBear
Regarding the extent of the pullback, I think a 100% retracement is in the cards. There will be two phases.
Stopped by again my friend. This has been my thinking as well, will work over the weekend on it.

Scary, we seem to stop by and think the same way.
The world you desire can be won. It exists.. it is real.. it is possible..
  • #29,078
  • Mar 22, 2013 3:31pm Mar 22, 2013 3:31pm
I am counting you view Maximmm I just got up to see where my 2 shorts on the EJ are and may have to ride this one out like a bull rider
Quoting maximmm
I know I'm right when not even one person counters my view! ^^
  • #29,079
  • Mar 22, 2013 4:07pm Mar 22, 2013 4:07pm
Quoting Dad
There will definitely be a gap - 1.0457 is the key area . I haven't traded AUDUSD in a while, but after this slow moving day and realizing it's been only moving ~60 pip per day for last few weeks, I will try not to come back to it regardless of PA. It feels like slow torture just watching it move.
Which direction is the gap going to be? And how many pips?
daddybearforex. com
  • #29,080
  • Mar 22, 2013 4:09pm Mar 22, 2013 4:09pm
Quoting arcticwolf
I am counting you view Maximmm I just got up to see where my 2 shorts on the EJ are and may have to ride this one out like a bull rider
Are you keeping your EJ short open this weekend? It may gap up IMO.
daddybearforex. com
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