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Aussie Trading Room and Cartoons Gallery

  • #29,421
  • Apr 5, 2013 12:35pm Apr 5, 2013 12:35pm
Quoting HelloOz
that flag needs to be in a pole..


As long as there is Yen weakness, Aussie will follow. I wouldn't necessary hang on to a long, but shortterm overextension can be played. Seems to like to go to 1.042 before dropping again
When the facts change I change my mind, what do you do sir
  • #29,422
  • Apr 5, 2013 1:35pm Apr 5, 2013 1:35pm
Quoting DaddyBear
Not sure what your view is. If you are bearish, don't count on this.
Here is an update for a little more clarification on the short the bullish pattern i think explains itself unless folks are unfamiliar with Harmonics. If so then i can help with that in the future. The face I made is just me having a little fun with my own drawing even though there is technical value with it. Anyway hope this helps and Enjoy! May we all make bank!!
Attached Image (click to enlarge)
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Don't follow me! You can and most likely will LOSE all your money!!!!
  • #29,423
  • Apr 5, 2013 4:55pm Apr 5, 2013 4:55pm
Quoting CNTrader
Here is an update for a little more clarification on the short the bullish pattern i think explains itself unless folks are unfamiliar with Harmonics. If so then i can help with that in the future. The face I made is just me having a little fun with my own drawing even though there is technical value with it. Anyway hope this helps and Enjoy! May we all make bank!! {image}
I think the Harmonic pattern has not formed yet.
daddybearforex. com
  • #29,424
  • Apr 5, 2013 5:38pm Apr 5, 2013 5:38pm
The poor AUD in an unhappy state.... can't go up.. can't go down... stuck in range getting thrashed about....
  • #29,425
  • Apr 5, 2013 6:25pm Apr 5, 2013 6:25pm
Quoting atraderfx
The poor AUD in an unhappy state.... can't go up.. can't go down... stuck in range getting thrashed about....
Range is the best,
predictable and you can make alot of money
  • #29,426
  • Apr 6, 2013 6:54am Apr 6, 2013 6:54am
Quoting DaddyBear
I think the Harmonic pattern has not formed yet.
Brilliant!! Who's on first?
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #29,427
  • Apr 6, 2013 7:51am Apr 6, 2013 7:51am
I was looking at an open AUDUSD position, making sure I have on my OCO orders in. I noticed when I logged in my position was +9 as it was when it closed, I flipped to a chart and when back and now up +44

I dont know if this is a glitch or live updates I have no way of closing lol
When the facts change I change my mind, what do you do sir
  • #29,428
  • Apr 6, 2013 11:41am Apr 6, 2013 11:41am
Quoting CNTrader
Brilliant!! Who's on first?
The pattern is bullish to me. But, until the HP has formed, the bears still have the upper hand.
daddybearforex. com
  • #29,429
  • Apr 6, 2013 11:50am Apr 6, 2013 11:50am
Quoting DaddyBear
The pattern is bullish to me. But, until the HP has formed, the bears still have the upper hand.
Hence the short trade. Am I almost home yet?
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #29,430
  • Apr 6, 2013 11:54am Apr 6, 2013 11:54am
Quoting CNTrader
Hence the short trade. Am I almost home yet?
Very close. May be one or two blocks away.
daddybearforex. com
  • #29,431
  • Apr 6, 2013 11:57am Apr 6, 2013 11:57am
Quoting DaddyBear
The pattern is bullish to me. But, until the HP has formed, the bears still have the upper hand.
I was talking about Daily HP. But, one may be able to find the canary in a coal mine in a lower TF.
daddybearforex. com
  • #29,432
  • Apr 6, 2013 12:16pm Apr 6, 2013 12:16pm
Quoting DaddyBear
Very close. May be one or two blocks away.
Well if I'm on second who the hell is on first?!! Maybe Alien will step to the plate and bring us all home
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #29,433
  • Apr 6, 2013 12:21pm Apr 6, 2013 12:21pm
Quoting DaddyBear
I was talking about Daily HP. But, one may be able to find the canary in a coal mine in a lower TF.
This squirrel just looking for a few nuts down here in the lower TF. found about 44 of them just looking for a few more but if I see that big bad bull coming for me ill be doing flips onto his back and go for the bull ride.
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #29,434
  • Apr 6, 2013 12:37pm Apr 6, 2013 12:37pm
Quoting CNTrader
This squirrel just looking for a few nuts down here in the lower TF. found about 44 of them just looking for a few more but if I see that big bad bull coming for me ill be doing flips onto his back and go for the bull ride.
The next bull run will be very nasty to the bears.
daddybearforex. com
  • #29,435
  • Apr 6, 2013 12:38pm Apr 6, 2013 12:38pm
Quoting DaddyBear
The next bull run will be very nasty to the bears.
Whoever thinks this pair going to the parity will be run over in no time. I see a revival of the Aussie in the coming weeks.
daddybearforex. com
  • #29,436
  • Apr 7, 2013 3:17am Apr 7, 2013 3:17am
Quoting DaddyBear
The next bull run will be very nasty to the bears.
And those thinking 1.05 was going to be hit last week were sorely mistaken. If the markets and yen keep head lower Aussie stands no chance. I don't see parity, but Aussie data alone won't keep it up. A short cover is possible, but it may not last. AUDUSD seems to be more correlated with yen than dollar. Dollar down big and Aussie sank
When the facts change I change my mind, what do you do sir
  • #29,437
  • Apr 7, 2013 10:34am Apr 7, 2013 10:34am
Quoting Pip Anon
And those thinking 1.05 was going to be hit last week were sorely mistaken. If the markets and yen keep head lower Aussie stands no chance. I don't see parity, but Aussie data alone won't keep it up. A short cover is possible, but it may not last. AUDUSD seems to be more correlated with yen than dollar. Dollar down big and Aussie sank
The charts tell another story.
daddybearforex. com
  • #29,438
  • Apr 7, 2013 10:34am Apr 7, 2013 10:34am
Quoting Pip Anon
And those thinking 1.05 was going to be hit last week were sorely mistaken. If the markets and yen keep head lower Aussie stands no chance. I don't see parity, but Aussie data alone won't keep it up. A short cover is possible, but it may not last. AUDUSD seems to be more correlated with yen than dollar. Dollar down big and Aussie sank
It's going to be a massive surge next IMO.
daddybearforex. com
  • #29,439
  • Apr 7, 2013 2:10pm Apr 7, 2013 2:10pm
Quoting DaddyBear
It's going to be a massive surge next IMO.

I agree... if the price goes above the tenkan @ 1.0424... we may easily have a re-test of the 1.0485-1.0495 area.. then we will need to see if it does a triple top reversal or a breakout to 1.0570-1.0585 or above...

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  • #29,440
  • Apr 7, 2013 2:14pm Apr 7, 2013 2:14pm
Looks good rejection on last 2 weekly candles.. imo a good downtrend this week..
Attached Image (click to enlarge)
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