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Aussie Trading Room and Cartoons Gallery

  • #30,741
  • May 23, 2013 10:08pm May 23, 2013 10:08pm
Quoting DaddyBear
{quote} Are you still sleeping?
Some Aliens can't blink, so we never sleep...........
The More You Learn, The More You Earn.....
  • #30,742
  • May 23, 2013 11:06pm May 23, 2013 11:06pm
Looks like next week to see if the AUD will hold to go long..........IMO..............
The More You Learn, The More You Earn.....
  • #30,743
  • May 23, 2013 11:23pm May 23, 2013 11:23pm
We have a short term rise currently, watching the H1 for another failure, or if it can gain strength............
The More You Learn, The More You Earn.....
  • #30,744
  • May 23, 2013 11:37pm May 23, 2013 11:37pm
Has anyone noticed recently when stocks go down, aud/usd goes up?

Is aud/usd a safe haven now? lol.
  • #30,745
  • May 23, 2013 11:38pm May 23, 2013 11:38pm
Quoting Iro
Has anyone noticed recently when stocks go down, aud/usd goes up? Is aud/usd a safe haven now? lol.
safe heaven?? lolz! I doubt that! Better way look for correlation with UJ
  • #30,746
  • May 24, 2013 12:34am May 24, 2013 12:34am
Quoting Iro
Has anyone noticed recently when stocks go down, aud/usd goes up? Is aud/usd a safe haven now? lol.

Yes, I noticed that too. I posted a message regarding this relationship a few days ago.
daddybearforex. com
  • #30,747
  • May 24, 2013 1:32am May 24, 2013 1:32am
Quoting Iro
Has anyone noticed recently when stocks go down, aud/usd goes up? Is aud/usd a safe haven now? lol.
An instrument's price is a main component in determining it's value. When values of correlated instruments begin shifting away from each so does the correlation. These changes in correlation create divergences which can be used to gauge true market sentiment and trend strength. Very useful stuff.
  • #30,748
  • May 24, 2013 1:47am May 24, 2013 1:47am
Quoting kamifx
{quote} As i have suggested before , now we have 2 levels if H1 candle closes below 0.9733 pair touches 0.9654 and if closes above 0.9785 pair should see 0.9944

0.9646 was also touched, cause H1 candle closes below 0.9733 but for today you have towait till 3 hours to find balance level and direction
Don’t follow someone else’s trading advice blindly
  • #30,749
  • May 24, 2013 4:23am May 24, 2013 4:23am
Recon we will retest 96? Safe place to go long there if it rejects?
  • #30,750
  • May 24, 2013 5:03am May 24, 2013 5:03am
Quoting Arman_A
Recon we will retest 96? Safe place to go long there if it rejects?
I cannot holds my longs any longer....I hope 96 is the bottom...
this downwards trend is too much already.
  • #30,751
  • May 24, 2013 5:06am May 24, 2013 5:06am
Quoting azzam
{quote} I cannot holds my longs any longer....I hope 96 is the bottom...this downwards trend is too much already.
hoping doesn't end trend! Still possibilities for .95x
  • #30,752
  • May 24, 2013 5:14am May 24, 2013 5:14am
tp 120 pips from here
Attached Image (click to enlarge)
Click to Enlarge Name: audusddaily2.png Size: 33 KB
  • #30,753
  • May 24, 2013 5:36am May 24, 2013 5:36am
Quoting khol_hands
tp 120 pips from here {image}
i think you risk too much here, but best of luck
  • #30,754
  • May 24, 2013 5:53am May 24, 2013 5:53am
Hi guys.
I think culmination is somewhere near...
Attached Image (click to enlarge)
Click to Enlarge Name: audusd_24-05-13.png Size: 28 KB
  • #30,755
  • May 24, 2013 6:08am May 24, 2013 6:08am
Quoting khol_hands
tp 120 pips from here {image}
I think assuie should have some retracement before resuming the fall.I bought @.9750 [email protected] [email protected]
  • #30,756
  • May 24, 2013 9:47am May 24, 2013 9:47am
Attached Image
  • #30,757
  • May 24, 2013 11:15am May 24, 2013 11:15am
Based on H1, a move to low 97 is likely then AU will retest the low.
daddybearforex. com
  • #30,758
  • May 24, 2013 11:27am May 24, 2013 11:27am
Quoting DaddyBear
Based on H1, a move to low 97 is likely then AU will retest the low.
The Daily indicates a double bottom will be formed.
daddybearforex. com
  • #30,759
  • May 24, 2013 11:30am May 24, 2013 11:30am
The 200 pips Doji Formed yestersday is a good indication that the coming double bottom will hold.
daddybearforex. com
  • #30,760
  • Edited 3:06pm May 24, 2013 11:38am | Edited 3:06pm
Quoting DaddyBear
The 200 pips Doji Formed yestersday is a good indication that the coming double bottom will hold.
As to the weekly, a bigger double bottom is likely to form before a more decisive move can begin.
daddybearforex. com
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