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  • #29,961
  • May 17, 2013 9:41am May 17, 2013 9:41am
For Daily I have lower and weekly level hit just moments ago
  • #29,962
  • May 17, 2013 9:50am May 17, 2013 9:50am
Quoting Arman_A
{quote} 1d for the long I have had open since .99
How can you see a bounce on the Daily?
The More You Learn, The More You Earn.....
  • #29,963
  • May 17, 2013 9:51am May 17, 2013 9:51am
Quoting forexalien
{quote} How can you see a bounce on the Daily?
do you think M15 is moving up or forming H&S ?
  • #29,964
  • May 17, 2013 9:52am May 17, 2013 9:52am
Expect a bounce to .977
  • #29,965
  • May 17, 2013 9:53am May 17, 2013 9:53am
Quoting HelloOz
{quote} do you think M15 is moving up or forming H&S ?
I see price divergence to the long side for now..........on the M15
Attached Image (click to enlarge)
Click to Enlarge Name: 5_17 aud.JPG Size: 75 KB
The More You Learn, The More You Earn.....
  • #29,966
  • May 17, 2013 9:55am May 17, 2013 9:55am
Follow price in case it breaks down again............H1
The More You Learn, The More You Earn.....
  • #29,967
  • May 17, 2013 9:56am May 17, 2013 9:56am
Quoting forexalien
{quote} I see price divergence to the long side for now..........on the M15 {image}
what candlestick is that again?
  • #29,968
  • May 17, 2013 9:58am May 17, 2013 9:58am
Quoting HelloOz
{quote} what candlestick is that again?
I don't know if I like them or not yet, Heiken Ashi Smoothed
The More You Learn, The More You Earn.....
  • #29,969
  • Edited 8:04pm May 17, 2013 9:58am | Edited 8:04pm
Quoting forexalien
{quote} I don't know if I like them or not yet, Heiken Ashi Smoothed
They remain steady as PA darts around them, up and down..........
The More You Learn, The More You Earn.....
  • #29,970
  • May 17, 2013 10:03am May 17, 2013 10:03am
Quoting forexalien
{quote} I don't know if I like them or not yet, Heiken Ashi Smoothed
you mean.. Asahi Beer?
  • #29,971
  • May 17, 2013 10:03am May 17, 2013 10:03am
Quoting HelloOz
{quote} you mean.. Asahi Beer?
Ya that stuff..........
The More You Learn, The More You Earn.....
  • #29,972
  • May 17, 2013 10:06am May 17, 2013 10:06am
Quoting forexalien
{quote} Ya that stuff..........
Cool..
looks like AJ is going to push AU higher tonight.. phew..
  • #29,973
  • May 17, 2013 10:06am May 17, 2013 10:06am
I use normal indicators to lag price but I found heiken ashi smoothed too difficult for entries with stops

Let me know how you go with that indicator Alien
  • #29,974
  • May 17, 2013 10:12am May 17, 2013 10:12am
Quoting arcticwolf
{quote} DB it seems to be slowing the free fall at around 0.973 I know it is anyone guess (for a better use of words ) but I feel that we are almost at the bottom or is that wishfull thinking.
Based on the daily, I don't think the bottom is set. If there is a rebound, a retest of the low will follow.
daddybearforex. com
  • #29,975
  • May 17, 2013 10:18am May 17, 2013 10:18am
Quoting DaddyBear
{quote} Based on the daily, I don't think the bottom is set. If there is a rebound, a retest of the low will follow.
this is what i have been noticing after a huge fall..
normally the price will stay around the bottom level for 2-3 days.. consolidate..
  • #29,976
  • May 17, 2013 10:24am May 17, 2013 10:24am
Quoting HelloOz
{quote} this is what i have been noticing after a huge fall.. normally the price will stay around the bottom level for 2-3 days.. consolidate..
If there is a quick rebound, get out at BE ASAP. It will fall again to test the low.
daddybearforex. com
  • #29,977
  • May 17, 2013 10:25am May 17, 2013 10:25am
Quoting DaddyBear
{quote} If there is a quick rebound, get out at BE ASAP. It will fall again to test the low.
roger that..
but im getting sleepy...
  • #29,978
  • May 17, 2013 10:29am May 17, 2013 10:29am
The Aussie has dropped about 900 pips so far. While this may be no big deal to the EJ, it has caused a severe damage to the Aussie technically. The road to recovery will be circuitous at least....
daddybearforex. com
  • #29,979
  • May 17, 2013 10:32am May 17, 2013 10:32am
The heavy descending M15 cloud is holding back the bulls.
daddybearforex. com
  • #29,980
  • May 17, 2013 10:45am May 17, 2013 10:45am
Until a confirmed daily crossover of the blue line and the red line occurs, No official daily bottom can be registered.
Attached Image
daddybearforex. com
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