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  • #29,641
  • May 14, 2013 12:20pm May 14, 2013 12:20pm
Quoting classtutor
i stepped in a black hope. great lost. when will it make a u turn. i cant wait any longer.
i have a small long position too from 0.9990.
looks like this is heading to 0.96x. but i will wait to add another small long as soon as appears a reversal sign.
btw, i read somewhere Soros is shorting this pair... so have fun guys
As Above, So Below
  • #29,642
  • Edited 1:19pm May 14, 2013 12:21pm | Edited 1:19pm
Quoting DaddyBear
{quote} Not yet.
DB is here to save the day!

<- hurting from this morning long.


Waiting on this pretty Aussie lady with coins falling off her pockets to walk down that hill.
  • #29,643
  • May 14, 2013 2:29pm May 14, 2013 2:29pm
Hello traders. Joining in this room so I don't miss any of DB's awesome cartoons, and his keen insight into the markets. Good trading for all.
We could see a bounce of some type. She's sitting on the 98800 area like she owns it. That number is an extension. Next extension is at 96718.
Max pips to all.
You can hand some traders tomorrows Wall Street Journal and they would lose
  • #29,644
  • May 14, 2013 2:44pm May 14, 2013 2:44pm
Quoting Tradersnest
Hello traders. Joining in this room so I don't miss any of DB's awesome cartoons, and his keen insight into the markets. Good trading for all. We could see a bounce of some type. She's sitting on the 98800 area like she owns it. That number is an extension. Next extension is at 96718. Max pips to all.
I am not sure if it will go that far but I think a huge Doji is to be formed.
daddybearforex. com
  • #29,645
  • May 14, 2013 2:44pm May 14, 2013 2:44pm
Quoting DaddyBear
{quote} Not yet.
Daddy Bear, I read into your updates that you are projecting a Aussie breakout to the upside. Looking at the Aussie budget, they just going to park the deficit for ever and pray for YEN and everyone else to keep currencies going south... This currency war is big boys games and perhaps this little AUD continue to get sideline game... and go North. for some years to come... I remember calls last year for EUR/AUD long to be trade of the decade / century even... perhaps that was just code for Short as Eur now talk possibility of negative rates... which makes AUD 2.x% look fantastic... Am I on the right track..
  • #29,646
  • May 14, 2013 2:50pm May 14, 2013 2:50pm
Quoting atraderfx
{quote} Daddy Bear, I read into your updates that you are projecting a Aussie breakout to the upside. Looking at the Aussie budget, they just going to park the deficit for ever and pray for YEN and everyone else to keep currencies going south... This currency war is big boys games and perhaps this little AUD continue to get sideline game... and go North. for some years to come... I remember calls last year for EUR/AUD long to be trade of the decade / century even... perhaps that was just code for Short as Eur now talk possibility of negative rates......
DB there seems to be a number of traders in your camp. What do you guys attribute to such anticiipated huge bullish move? Grand Supercycle?
You can hand some traders tomorrows Wall Street Journal and they would lose
  • #29,647
  • May 14, 2013 3:05pm May 14, 2013 3:05pm
Quoting atraderfx
{quote} Daddy Bear, I read into your updates that you are projecting a Aussie breakout to the upside. Looking at the Aussie budget, they just going to park the deficit for ever and pray for YEN and everyone else to keep currencies going south... This currency war is big boys games and perhaps this little AUD continue to get sideline game... and go North. for some years to come... I remember calls last year for EUR/AUD long to be trade of the decade / century even... perhaps that was just code for Short as Eur now talk possibility of negative rates......
I did not say a breakout. It is going to be a new uptrend. I don't read those fundies, so have no comments on your opinions.
daddybearforex. com
  • #29,648
  • May 14, 2013 3:10pm May 14, 2013 3:10pm
Quoting Tradersnest
{quote} DB there seems to be a number of traders in your camp. What do you guys attribute to such anticiipated huge bullish move? Grand Supercycle?
Although I apply the EWP in trading, I don't pay attention to those cycles. Short term trading is all about. While so many people are negative on the Aussie now including Alieno, I do see a new uptrend is to be born sometime this week or next week.
Attached Image (click to enlarge)
Click to Enlarge Name: AUSSIE-2.JPG Size: 40 KB
daddybearforex. com
  • #29,649
  • May 14, 2013 3:15pm May 14, 2013 3:15pm
Quoting DaddyBear
{quote} I did not say a breakout. It is going to be a new uptrend. I don't read those fundies, so have no comments on your opinions.
Oh, I understand, It's me, I'm just not understanding or I don't have enough data (Oct '78) to project those type moves. But I would like to learn anything I can from you or others that have such insight. You are blessed with a great ability to see into the market.
You can hand some traders tomorrows Wall Street Journal and they would lose
  • #29,650
  • May 14, 2013 3:16pm May 14, 2013 3:16pm
Quoting DaddyBear
{quote} Although I apply the EWP in trading, I don't pay attention to those cycles. Short term trading is all about. While so many people are negative on the Aussie now including Alieno, I do see a new uptrend is to be born sometime this week or next week. {image}
Hi DB, I see u are here, I hope u are.

Can I vouch you. Where's the parameter cannot see it?
  • #29,651
  • May 14, 2013 3:28pm May 14, 2013 3:28pm
Although EJ is where the money is, the Aussie is more stable. It does not have many whipsawing occasions. Below is DB's EWC in the weekly context.
Attached Image (click to enlarge)
Click to Enlarge Name: EWC-051413.JPG Size: 86 KB
daddybearforex. com
  • #29,652
  • May 14, 2013 3:34pm May 14, 2013 3:34pm
In plain English, there will be a huge firework in the Australian sky in the coming months....
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 54 KB
daddybearforex. com
  • #29,653
  • May 14, 2013 3:41pm May 14, 2013 3:41pm
Quoting DaddyBear
In plain English, there will be a huge firework in the Australian sky in the coming months.... {image}
I can't vouch u because I ain't got a vouch, what a newbie on this forum.
  • #29,654
  • May 14, 2013 4:03pm May 14, 2013 4:03pm
Quoting gold2011
{quote} Hi DB, I see u are here, I hope u are. Can I vouch you. Where's the parameter cannot see it?
You cannot vouch yet because you don't have the right to do so .
daddybearforex. com
  • #29,655
  • May 14, 2013 4:07pm May 14, 2013 4:07pm
Quoting DaddyBear
In plain English, there will be a huge firework in the Australian sky in the coming months.... {image}
Is there anything to watch for that might invalidate the coming move?

Also, is there a specific diagram in the Prechter EWP book that we can compare to your chart in order to get an idea of what your looking at? Thanks!
  • #29,656
  • May 14, 2013 4:12pm May 14, 2013 4:12pm
OK - I am in to watch what happens to the aussie. I will follow this thread and see what is going on. So far, I have not had good luck with this pair, but we will see when the time comes.

DB- are you planning a long term trade on this if it bursts up?
  • #29,657
  • May 14, 2013 4:16pm May 14, 2013 4:16pm
What is going to happen is like this........
Attached Image (click to enlarge)
Click to Enlarge Name: DTL-2.JPG Size: 65 KB
daddybearforex. com
  • #29,658
  • May 14, 2013 4:19pm May 14, 2013 4:19pm
Alieno saw a huge Black Hole ahead... he transformed to a bull at lower right corner.......and yelling..... in English........

Quoting DaddyBear
{quote} What the ......

http://www.forexfactory.com/attachme...1&d=1368444397
daddybearforex. com
  • #29,659
  • May 14, 2013 4:22pm May 14, 2013 4:22pm
Quoting DaddyBear
Alieno saw a huge Black Hole ahead... he transformed to a bull at lower right corner.......and yelling..... in English........ {quote}
He was so scared.....
daddybearforex. com
  • #29,660
  • May 14, 2013 4:51pm May 14, 2013 4:51pm
I have longs open from 1.01 this is killing me! Atleast there is a swap on them
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