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  • #30,221
  • May 20, 2013 5:03pm May 20, 2013 5:03pm
Quoting DaddyBear
{quote} Because you were very bearish....
I was looking for the H1 to fail today..........about 10 hours ago.......But then it climbed another 40 pips to finish the cycle.............

It has made it through a full cycle and will start coming down before returning north again.
Attached Image (click to enlarge)
Click to Enlarge Name: 5_20 aud loading.JPG Size: 226 KB
The More You Learn, The More You Earn.....
  • #30,222
  • May 20, 2013 5:04pm May 20, 2013 5:04pm
Quoting 2+2=4ex
Another painting I made. This one is called Melting Trend... {image}
I Like that One..............!
The More You Learn, The More You Earn.....
  • #30,223
  • May 20, 2013 5:07pm May 20, 2013 5:07pm
Alien Doesn't Draw..............

He Likes to Finger Paint...............
Attached Image
The More You Learn, The More You Earn.....
  • #30,224
  • May 20, 2013 7:12pm May 20, 2013 7:12pm
Quoting forexalien
{quote} I was looking for the H1 to fail today..........about 10 hours ago.......But then it climbed another 40 pips to finish the cycle............. It has made it through a full cycle and will start coming down before returning north again. {image}

agreed should fall to 9750/75 area at the minimum
Be hopeful in a winning position, and fearful in a losing position.
  • #30,225
  • May 20, 2013 7:40pm May 20, 2013 7:40pm
Quoting 2+2=4ex
Here's a painting of mine I named The Art of Trading {image}
eel
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The More You Learn, The More You Earn.....
  • #30,226
  • May 20, 2013 8:22pm May 20, 2013 8:22pm
Monetary Policy Meeting Minutes
10 more minutes....
daddybearforex. com
  • #30,227
  • May 20, 2013 8:23pm May 20, 2013 8:23pm
Quoting DaddyBear
Monetary Policy Meeting Minutes 10 more minutes....
Hey DB, what are you anticipating from the minutes?
  • #30,228
  • May 20, 2013 8:26pm May 20, 2013 8:26pm
Quoting scottymoll
{quote} Hey DB, what are you anticipating from the minutes?
IMO, the market has priced in the surprises.
daddybearforex. com
  • #30,229
  • May 20, 2013 8:30pm May 20, 2013 8:30pm
3 more minutes.. seems like market had reacted with a wave of selling!
  • #30,230
  • May 20, 2013 8:32pm May 20, 2013 8:32pm
Quoting DaddyBear
{quote} IMO, the market has priced in the surprises.
A surge is likely....
daddybearforex. com
  • #30,231
  • May 20, 2013 8:43pm May 20, 2013 8:43pm
Quoting DaddyBear
{quote} A surge is likely....
before or after taking out those juicy long SL's?
Have a nice day
  • #30,232
  • May 20, 2013 8:47pm May 20, 2013 8:47pm
Quoting guppies
3 more minutes.. seems like market had reacted with a wave of selling!
that was already stated 3 hrs ago:

Quoting tashkent
i see the first signs of reversal. expecting 30 pip drop in couple of hours. 0.9785 will decide the mid term direction.
As Above, So Below
  • #30,233
  • May 20, 2013 8:48pm May 20, 2013 8:48pm
Quoting DaddyBear
{quote} A surge is likely....
He who looks for a LL may want to insure his steel balls.........now...
daddybearforex. com
  • #30,234
  • May 20, 2013 8:49pm May 20, 2013 8:49pm
Quoting billv
{quote} before or after taking out those juicy long SL's?
Does not matter. The surge is based on the EWP.
daddybearforex. com
  • #30,235
  • May 20, 2013 8:59pm May 20, 2013 8:59pm
Quoting tashkent
i see the first signs of reversal. expecting 30 pip drop in couple of hours. 0.9785 will decide the mid term direction.
Based on your forecast, AU was supposed to drop further but it has gone to the other way....
daddybearforex. com
  • #30,236
  • May 20, 2013 9:04pm May 20, 2013 9:04pm
Hey DB, I've been following your posts for a while now trying to learn something but I've hit a few roadblocks. I joined the forex community about 6 months ago and I am very ambitious to learn as much as I can. I've gone through the babypips school and watched tons of lectures but its a constant journey. Would you happen to know any good resources that may help me better understand EWP analysis and your methods? If so, can you link me? Thanks so much!
  • #30,237
  • May 20, 2013 9:10pm May 20, 2013 9:10pm
while i was typing that post price was around 0.9800 and i was counting for around 0.9770 when i said 30 pip drop... and also i said i am seeing first signs of reversal, which means the uptrend will continue after the drop.
but honestly what i said does not matter, i was just using my christal ball, i am not the one who can predict the market, i was just lucky.
As Above, So Below
  • #30,238
  • May 20, 2013 9:19pm May 20, 2013 9:19pm
Quoting Rag2RichesFX
{quote} agreed should fall to 9750/75 area at the minimum
12 hours late but 9750 it is............
The More You Learn, The More You Earn.....
  • #30,239
  • May 20, 2013 9:21pm May 20, 2013 9:21pm
Quoting forexalien
{quote} I was looking for the H1 to fail today..........about 10 hours ago.......But then it climbed another 40 pips to finish the cycle............. It has made it through a full cycle and will start coming down before returning north again. {image}
It took 12 hours, so be it.............
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Click to Enlarge Name: 5_20 aud 12 hrs later.JPG Size: 202 KB
The More You Learn, The More You Earn.....
  • #30,240
  • May 20, 2013 9:28pm May 20, 2013 9:28pm
Quoting DaddyBear
{quote} Based on your forecast, AU was supposed to drop further but it has gone to the other way....
here is the chart. i trade the numbers i say.
my reference point is 0.970. if price above will buy. right now (for the last 30 minutes) price is fighting for 0.985
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As Above, So Below
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