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Aussie Trading Room and Cartoons Gallery

  • #30,001
  • May 17, 2013 3:49pm May 17, 2013 3:49pm
If my EWC was correct, a gap up may follow current unfinished H1 PA to carry over the momentum on Sunday.

http://www.forexfactory.com/attachme...1&d=1368822726
daddybearforex. com
  • #30,002
  • May 17, 2013 3:50pm May 17, 2013 3:50pm
OK DB, just for shits and giggles I opened up a Long at $1/pip......As you know I'm a scalper and normal open is $10/pip on E/J and GBP/JPY.....

Looking for 300-400 pips....LOL It will kill me to hold this long term but just doing it for fun!
  • #30,003
  • May 17, 2013 3:52pm May 17, 2013 3:52pm
M15 is showing the Aussie is in the cloud.
Attached Image (click to enlarge)
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daddybearforex. com
  • #30,004
  • May 17, 2013 3:54pm May 17, 2013 3:54pm
Quoting yazzie
OK DB, just for shits and giggles I opened up a Long at $1/pip......As you know I'm a scalper and normal open is $10/pip on E/J and GBP/JPY..... Looking for 300-400 pips....LOL It will kill me to hold this long term but just doing it for fun!
What made you long before the market close?
daddybearforex. com
  • #30,005
  • May 17, 2013 3:56pm May 17, 2013 3:56pm
Quoting DaddyBear
{quote} What made you long before the market close?
At $1 per pip I am not concerned.....Just looking for a long term play here
  • #30,006
  • May 17, 2013 4:04pm May 17, 2013 4:04pm
0.9731 is the closing price on my data feed.
daddybearforex. com
  • #30,007
  • May 17, 2013 4:08pm May 17, 2013 4:08pm
The weekly looks promising to the bulls as well...
Attached Image (click to enlarge)
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daddybearforex. com
  • #30,008
  • May 17, 2013 7:53pm May 17, 2013 7:53pm
Someone asked me the outlook of AU. I think it is not bottomed yet but a rebound is likely.
daddybearforex. com
  • #30,009
  • May 17, 2013 8:14pm May 17, 2013 8:14pm
Quoting Rampage
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
I agree, It is miss-leading because price is no longer in the candle length anymore.............

If you use a High-Low indicator, it helps with top or bottoms but it is best used for moving take profit and SL
Attached Image (click to enlarge)
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The More You Learn, The More You Earn.....
  • #30,010
  • May 17, 2013 8:20pm May 17, 2013 8:20pm
Quoting Rampage
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
What I like it best for is long trends on the H1 or H4 which I am learning now.................

Pound example............

High - Low and Super Trend Together do a great job after the RSIOMA crosses below the 50% line, and hold it till it changes back again.........
Attached Image (click to enlarge)
Click to Enlarge Name: 5_17 pound best for trends.JPG Size: 160 KB
The More You Learn, The More You Earn.....
  • #30,011
  • May 17, 2013 8:22pm May 17, 2013 8:22pm
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.
Based on the H1 the bottom is not set...........
The More You Learn, The More You Earn.....
  • #30,012
  • May 17, 2013 8:26pm May 17, 2013 8:26pm
Quoting DaddyBear
Now, this thread has more viewers than EYI.
HAHAHA, when this thread was dead..................Alien came over here and started talking to himself.............

and shortly after that , the thread came alive again................hehehe.........
The More You Learn, The More You Earn.....
  • #30,013
  • May 17, 2013 8:29pm May 17, 2013 8:29pm
Quoting DaddyBear
H1 is long now but H4 is still under bears' control.
H1 is still short............
Attached Image
The More You Learn, The More You Earn.....
  • #30,014
  • May 17, 2013 8:31pm May 17, 2013 8:31pm
Quoting princessdi
For Alien:{image}
Must be a British Pilot......by George, I think he's got it.................!
The More You Learn, The More You Earn.....
  • #30,015
  • May 17, 2013 8:32pm May 17, 2013 8:32pm
Quoting yazzie
OK DB, just for shits and giggles I opened up a Long at $1/pip......As you know I'm a scalper and normal open is $10/pip on E/J and GBP/JPY..... Looking for 300-400 pips....LOL It will kill me to hold this long term but just doing it for fun!
It will be a great lesson to hold it for eternity..............
The More You Learn, The More You Earn.....
  • #30,016
  • May 17, 2013 9:23pm May 17, 2013 9:23pm
The Quarterly chart indicates the UTL was initiated in 1998. That point was Alpha. Is Omega next?
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daddybearforex. com
  • #30,017
  • May 17, 2013 9:27pm May 17, 2013 9:27pm
Quoting DaddyBear
The Quarterly chart indicates the UTL was initiated in 1998. That point was Alpha. Is Omega next? {image}
Using the EWP to decipher this puzzle....
Point C = Omega
Attached Image (click to enlarge)
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daddybearforex. com
  • #30,018
  • May 17, 2013 9:30pm May 17, 2013 9:30pm
Quoting forexalien
{quote} Based on the H1 the bottom is not set...........
The daily bottom is not to be decided by H1.
daddybearforex. com
  • #30,019
  • May 17, 2013 9:33pm May 17, 2013 9:33pm
Quoting forexalien
{quote} HAHAHA, when this thread was dead..................Alien came over here and started talking to himself............. and shortly after that , the thread came alive again................hehehe.........
I'd give you the credit for escorting the Aussie lady when she was alone............. and shortly after that, DB came back to kiss the Aussie lady then the thread came alive again................hehehe.........
daddybearforex. com
  • #30,020
  • May 17, 2013 9:48pm May 17, 2013 9:48pm
Quoting forexalien
{quote} H1 is still short............ http://www.forexfactory.com/attachme...1&d=1368840564
Not sure about your view. Below is what I see...... Notice the Bollinger lower band has hooked up...
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daddybearforex. com
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