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Aussie Trading Room and Cartoons Gallery

  • #30,581
  • May 22, 2013 3:45pm May 22, 2013 3:45pm
Quoting DaddyBear
"Ive made over $100 in one night using micro lots"

Am I reading this sentence correct? 1 micro pip = $0.10. 1,000 micro pip = $100. So you made over 1,000 micro pips in one night? How did you do it?
ANNOUNCEMENT:

When bragging the green pips, I am asking using one lot only to count the pips made regardless of how many lots one traded. The reason is to make sure this forum is a fair and level field for both deep and shallow pockets. What if a big guy traded 1,000 lots and made 1 pip only then bragged that he made 1,000 pips? It is absolutely meaningless.

The pips count is a measurement of one's trading strength not the depth of his pocket.
daddybearforex. com
  • #30,582
  • May 22, 2013 3:59pm May 22, 2013 3:59pm
Quoting DaddyBear
{quote}Old schools call this "double bottom". I call this the end of wave.
I think a "double bottom" may not be appropriate for today's PA. A real "double bottom" is still waiting within the weekly context.
daddybearforex. com
  • #30,583
  • May 22, 2013 4:22pm May 22, 2013 4:22pm
Quoting DaddyBear
{quote} Hi Davit. Any new nude painting to share?
Got one my latest.I hope you like it
Female love hug
Attached Image (click to enlarge)
Click to Enlarge Name: img001.jpg Size: 1.5 MB
In trading, you have to be defensive and aggressive at the same time
  • #30,584
  • May 22, 2013 4:25pm May 22, 2013 4:25pm
Quoting Davit
{quote}Got one my latest.I hope you like itFemale love hug {image}
Are they libisian? I like only one nude woman....
daddybearforex. com
  • #30,585
  • May 22, 2013 4:35pm May 22, 2013 4:35pm
Quoting DaddyBear
{quote}Are they libisian? I like only one nude woman....
I don't know could be
In trading, you have to be defensive and aggressive at the same time
  • #30,586
  • May 22, 2013 5:01pm May 22, 2013 5:01pm
Good morning everyone! Woke up without a heart attack this morning. It looks like it may drop a little further today before rising?
  • #30,587
  • May 22, 2013 5:20pm May 22, 2013 5:20pm
Quoting Arman_A
Good morning everyone! Woke up without a heart attack this morning. It looks like it may drop a little further today before rising?
oh so you still have your account?
With all those all longs I thought you would have blown it
Have a nice day
  • #30,588
  • May 22, 2013 5:53pm May 22, 2013 5:53pm
Quoting billv
{quote}oh so you still have your account?With all those all longs I thought you would have blown it
Hanging in there mate...
  • #30,589
  • May 22, 2013 6:13pm May 22, 2013 6:13pm
Wtf is going on with the aussie ,I must be going blind I could not see this coming
  • #30,590
  • Edited 6:39pm May 22, 2013 6:27pm | Edited 6:39pm
Quoting arcticwolf
Wtf is going on with the aussie ,I must be going blind I could not see this coming
I did.

EDIT: I do think a small bump up around .9580-75
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When the facts change I change my mind, what do you do sir
  • #30,591
  • May 22, 2013 6:42pm May 22, 2013 6:42pm
Ford to close it's manufacturing plants not helping the Aussie dollar:
http://theage.drive.com.au/motor-news/ford-announcement-plant-shutdown-mooted-20130523-2k22c.html
  • #30,592
  • May 22, 2013 7:09pm May 22, 2013 7:09pm
Quoting billv
{quote} Possible but unlikely, the Aussie has fallen a lot and Australia is the only Western country with a decent economy and real wealth. Also, according to Saxo bank there are more short retail traders than long (54% vs 46%) so my thought is that the big boys will probably try to make everyone believe that the Aussie will fall through the floor and they will be on the other side of our trades going long. I'd expect to see a rejection of this level at the higher time frames before going 100% long IMHO
I wasn't too far off the mark. I think the lift went up first to collect a few for passengers before dropping. I'm still holding some shorts at good profit. It still has further to fall unless Chinese data surprises the market. If the Chinese data is red then I will keep holding.
  • #30,593
  • May 22, 2013 7:46pm May 22, 2013 7:46pm
Words cannot describe how pissed off i am.
  • #30,594
  • May 22, 2013 8:28pm May 22, 2013 8:28pm
Quoting Arman_A
Words cannot describe how pissed off i am.
Sorry man. This could have been foreseen. Look at my charts.
When the facts change I change my mind, what do you do sir
  • #30,595
  • May 22, 2013 8:30pm May 22, 2013 8:30pm
Quoting tashkent
{quote} probably we will see couple of green bars on daily, next week but expecting price to fall to 0.96xx, which will be the center of the battle, around 100 pips in each direction. we should not think it will be easy to recover from this tremendous fall, just trying to filter the false hopes.
this post is from may 18, last Saturday. we are at battle zone. this is the reversal zone. either it will hold or we will be heading to 0.900. bear is full of power. the good news is the climax of power is the beginning of the fall. this is the zone.
i will repeat again, do not count on others opinion, people have been saying at every 30 pip drop the reversal is starting. if you traded according to what others said you would have blown up couple of accounts already.
this is part of the game. nobody was sure it will fall that far. but it did.
who is in profit congratulations and well done. but do not ever think you beat the market. be supportive of those who is deep in red. do not make fun of those who were optimistic about aussie. one day you will be in their situation.
who is taking the loss, you are paying the tuition fee to become a better trader. darkness is always pregnant with light. deeper the darkness, closer the birth of the light. you will overcome this guys
As Above, So Below
  • #30,596
  • May 22, 2013 8:36pm May 22, 2013 8:36pm
Thanks for the thread DaddyBear(and the other regular posters), enjoy skipping through the content everyday. Have been a longtime follower(only recently registered with ff yesterday). The US economy seems to be powering along. Not sure CNY data is going to be enough to drag the bulls out of bed.



Haven't seen this correlation with the euro and aussie for a while.
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  • #30,597
  • May 22, 2013 9:01pm May 22, 2013 9:01pm
Quoting Arman_A
Words cannot describe how pissed off i am.
Maybe you need to see where you went wrong and revise your trading plan?.
In this instance the USD has gained a lot of strength and it is possible that it could retain it, so be prepared for that possibility.
There will be times when we are wrong so we need to learn from our mistakes and not keep repeating them.
Consider trading following the trend and not against it.
Have a nice day
  • #30,598
  • May 22, 2013 9:11pm May 22, 2013 9:11pm
Quoting HelloOz
{quote} lol im drowning..
you looks calm... i guess you are a swimming koala?lol
  • #30,599
  • May 22, 2013 9:13pm May 22, 2013 9:13pm
Quoting Pip Anon
{quote} Sorry man. This could have been foreseen. Look at my charts.
in your opinion, is it still there a possibility to climb up to 1.06? thx
  • #30,600
  • May 22, 2013 9:25pm May 22, 2013 9:25pm
I'm sure everyone is expecting some sort of a bounce from around 9600
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