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Aussie Trading Room and Cartoons Gallery

  • #29,321
  • Mar 28, 2013 5:19am Mar 28, 2013 5:19am
Looks like there's pressure for PA to drop again so I've hedged new sale orders again. I liquidated my previous ones.
I see Beasts. I drop my scalpel and beckon to theatre nurse: "Charts!&
RubiconFund Return Today: na
  • #29,322
  • Mar 28, 2013 6:58am Mar 28, 2013 6:58am
Quoting ShadowZ
Isn't it the cash rate meeting on next Tuesday?

yes, 1:30 pm australia time
  • #29,323
  • Mar 28, 2013 7:13am Mar 28, 2013 7:13am
last week was meeting minutes.




Quoting surgeon
Please, when is this RBA meeting? I thought the the last week one was it. Anyone know?
  • #29,324
  • Mar 28, 2013 7:13am Mar 28, 2013 7:13am
Quoting 4xxxxaus
yes, 1:30 pm australia time
2:30pm i think..
  • #29,325
  • Mar 28, 2013 7:15am Mar 28, 2013 7:15am
Quoting HelloOz
If 1.04575 is top for the day,

lowest would be 1.04075 ??
50pips range..

is this achievable?
Hmm....
achieved!
  • #29,326
  • Edited 8:03am Mar 28, 2013 7:47am | Edited 8:03am
Still going...just slow.



Quoting Dad
Less than 1.04
  • #29,327
  • Mar 28, 2013 8:01am Mar 28, 2013 8:01am
Quoting HelloOz
2:30pm i think..

I'm in cairns, qld, 1:30 my time
  • #29,328
  • Mar 28, 2013 1:09pm Mar 28, 2013 1:09pm
Would like to add to longs on Monday 4/1 or so, after end of the month flows brings price lower.
That is if price action agrees. Ideally we'll see further retracement into at least the 38.2% Fib.


If reached, looking for conformation between 38.2% Fib at 1.0383 and 50% Fib at 1.0348.
Inside Forex Trading Gives You The Edge To Succeed.
  • #29,329
  • Mar 28, 2013 11:32pm Mar 28, 2013 11:32pm
I think everybody goes to church and mosque this friday....
I decided to adds long again...
  • #29,330
  • Mar 29, 2013 2:35pm Mar 29, 2013 2:35pm
Quoting azzam
I think everybody goes to church and mosque this friday....
I decided to adds long again...
Hope you are right and make pips on Sunday open.
daddybearforex. com
  • #29,331
  • Apr 1, 2013 8:31am Apr 1, 2013 8:31am
This has become a Ghost Thread very spooky in here.............

10:30pmAUDCash Rate3.00%3.00%AUDRBA Rate Statement tonight we have these reports out
The More You Learn, The More You Earn.....
  • #29,332
  • Apr 1, 2013 11:55am Apr 1, 2013 11:55am
Quoting forexalien
This has become a Ghost Thread very spooky in here............. 10:30pmAUDCash Rate3.00%3.00%AUDRBA Rate Statement tonight we have these reports out
Alieno, I am still here. Tonight there are big events. The reason not many people posting now is that the Aussie is moving like an old lady now. Who wants to hang out with an old lady?
daddybearforex. com
  • #29,333
  • Apr 1, 2013 11:57am Apr 1, 2013 11:57am
However, the Aussie's PA is much more clear than the EJ at this point.
daddybearforex. com
  • #29,334
  • Apr 1, 2013 12:03pm Apr 1, 2013 12:03pm
I expect big moves tonight after RBA Rate Statement. RBA is likely to stay put.
daddybearforex. com
  • #29,335
  • Apr 1, 2013 12:08pm Apr 1, 2013 12:08pm
The daily indicates a temporary support is in place. This makes a retest of the previous high more likely at this point.
Attached Image (click to enlarge)
Click to Enlarge Name: AUD-040113-D.JPG Size: 107 KB
daddybearforex. com
  • #29,336
  • Apr 1, 2013 12:12pm Apr 1, 2013 12:12pm
Quoting DaddyBear
The daily indicates a temporary support is in place. This makes a retest of the previous high more likely at this point. {image}
However, before that happens, a retest of the low is also highly possible IMO.

http://www.forexfactory.com/attachme...1&d=1364836040
daddybearforex. com
  • #29,337
  • Apr 1, 2013 12:16pm Apr 1, 2013 12:16pm
Quoting DaddyBear
However, before that happens, a retest of the low is also highly possible IMO. http://www.forexfactory.com/attachme...1&d=1364836040
When looking at the FX Map in the lower panel, my reading is the maximum momentum has reached but not the price action due to human herd mentality factor. also I see a retracement is currently underway.
daddybearforex. com
  • #29,338
  • Apr 1, 2013 12:26pm Apr 1, 2013 12:26pm
The H1 indicates the PA is topping in the H1 context. However, the blue river in the lower panel is still running through the oasis to keep it green.
Attached Image (click to enlarge)
Click to Enlarge Name: AUD-040113-H1.JPG Size: 108 KB
daddybearforex. com
  • #29,339
  • Apr 1, 2013 12:33pm Apr 1, 2013 12:33pm
Quoting DaddyBear
The H1 indicates the PA is topping in the H1 context. However, the blue river in the lower panel is still running through the oasis to keep it green. {image}
The red Bear Highway is still below the blue River in the FX Map. This indicates the bulls are still having upper hand at this juncture.
Attached Image
daddybearforex. com
  • #29,340
  • Apr 1, 2013 12:39pm Apr 1, 2013 12:39pm
Before RBA news, the pattern shall be much more clear for me to find the Aussie's next move. My instinct is that a retest of the high is very likely.
daddybearforex. com
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