Aussie Trading Room and Cartoons Gallery | Page 1573 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Cartoons and Pics 2,832 replies

EUR/USD Trading Room 328 replies

Do The Trading Room 20 replies

Attachments: Aussie Trading Room and Cartoons Gallery
Exit Attachments

Aussie Trading Room and Cartoons Gallery

  • #31,441
  • Jun 1, 2013 9:38pm Jun 1, 2013 9:38pm
Quoting DaddyBear
{quote} I did not say this is a reversal. Did you read all my posts today? I indicated 0.938x is the next support. The map indicates this is wave IV. this means wave V is next. It could be a double bottom or may be not. When taking the EWP into the consideration, I think the bottom has been forming. Are my reasons serious enough to you.
0.93x is the zone i was thinking of and posted a chart a few days ago. i guess it was you who asked me if i was sure of that level. it is good to know you are thinking of the same level now.

another thing: IF the price reaches the level you have drawn (0.98x), there will be a high probability that the trend was reversed a long time ago and less probability it will ever come down to 0.95x from 0.98x.

basically what i understood you are telling us that there will be bounce at around 0.952x and it may jump up 300 pips and than it will fall 500 pips from there (because you are waiting for wave V)
As Above, So Below
  • #31,442
  • Jun 1, 2013 9:38pm Jun 1, 2013 9:38pm
in EW ... leg 3 is the longest leg.. and before making leg 5 .. there should be leg 4 first...

imho
Quoting tashkent
{quote} here is my chart. what makes you think that THIS time it will be reversal? this time double bottom will change the trend? technically i do not see any reversal. is this just your gut feeling or do you have a serious reason? {image}
not euphoria follower
  • #31,443
  • Jun 1, 2013 9:59pm Jun 1, 2013 9:59pm
Quoting tashkent
{quote} 0.93x is the zone i was thinking of and posted a chart a few days ago. i guess it was you who asked me if i was sure of that level. it is good to know you are thinking of the same level now. another thing: IF the price reaches the level you have drawn (0.98x), there will be a high probability that the trend was reversed a long time ago and less probability it will ever come down to 0.95x from 0.98x. basically what i understood you are telling us that there will be bounce at around 0.952x and it may jump up 300 pips and than it will fall...

Yes, you did mentioned 0.93x before.
0.98x is a possible ceiling. AU may go up to a point between this level and 0.98x IMO.
A wave V will be in place before a real reversal can take place. After such a long drop, usually wave V will form the second bottom. This was why I mentioned the likely double bottom scenario.
daddybearforex. com
  • #31,444
  • Jun 1, 2013 10:00pm Jun 1, 2013 10:00pm
Quoting iqyu5an
in EW ... leg 3 is the longest leg.. and before making leg 5 .. there should be leg 4 first... imho {quote}
Yes, I think we are in wave IV now.

Quoting DaddyBear
{quote} I did not say this is a reversal. Did you read all my posts today? I indicated 0.938x is the next support. The map indicates this is wave IV. this means wave V is next. It could be a double bottom or may be not. When taking the EWP into the consideration, I think the bottom has been forming. Are my reasons serious enough to you.
daddybearforex. com
  • #31,445
  • Jun 1, 2013 10:39pm Jun 1, 2013 10:39pm
Quoting tashkent
{quote} here is my chart. what makes you think that THIS time it will be reversal? this time double bottom will change the trend? technically i do not see any reversal. is this just your gut feeling or do you have a serious reason? {image}
Example - The EU in a slow fall, showing divergence forever............................
Attached Image (click to enlarge)
Click to Enlarge Name: eu divergance for ever.JPG Size: 258 KB
The More You Learn, The More You Earn.....
  • #31,446
  • Jun 2, 2013 2:09am Jun 2, 2013 2:09am
naked and roughly... kind like 3 dive bullish pattern before further bearish ... but dogs can do whatever they want

Quoting DaddyBear
{quote} Yes, I think we are in wave IV now. {quote}
not euphoria follower
  • #31,447
  • Jun 2, 2013 11:22am Jun 2, 2013 11:22am
Some hope for bull
Attached Image (click to enlarge)
Click to Enlarge Name: audusddaily1.png Size: 18 KB
As Above, So Below
  • #31,448
  • Jun 2, 2013 12:52pm Jun 2, 2013 12:52pm
Gap up 9618
Use me as a contrarian indicator
  • #31,449
  • Jun 2, 2013 12:53pm Jun 2, 2013 12:53pm
80 pips gap down on EURAUD, now at 1.3507 .
I'll shop after the drop
  • #31,450
  • Jun 2, 2013 1:33pm Jun 2, 2013 1:33pm
Quoting Willow
80 pips gap down on EURAUD, now at 1.3507 .
Where can you see this already?
  • #31,451
  • Jun 2, 2013 1:45pm Jun 2, 2013 1:45pm
Currently showing live prices -

http://www.fxstreet.com/rates-charts/currency-rates/
  • #31,452
  • Jun 2, 2013 1:55pm Jun 2, 2013 1:55pm
96234 right now

Quoting mrbandwidth
Gap up 9618
not euphoria follower
  • #31,453
  • Jun 2, 2013 3:06pm Jun 2, 2013 3:06pm
Posted 27 hours ago. I think this is still valid.

Quoting DaddyBear
DB's H4 Forex Map..... Don't leave home without it..... {image}
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 272 KB
daddybearforex. com
  • #31,454
  • Jun 2, 2013 6:28pm Jun 2, 2013 6:28pm
Quoting DaddyBear
Posted 27 hours ago. I think this is still valid. {quote} {image}
Do your chart included news effect?
Is that anyway to make the chart correlate to the news?
mean if news good for currency, the chart shall look this way
if worse, then shall go that way?
  • #31,455
  • Jun 2, 2013 6:52pm Jun 2, 2013 6:52pm
Quoting CNTrader
{quote} This would probably be more appropriate for a Harmonic pattern. Trouble with find it for you software. Anyway relatively same idea. Good trading to you big daddy!! {image} Enjoy, have fun, make a great day, do you due diligence, trade your plan, and may we all continue to make bank!!
Target 1 attained!!

Chart with an update on the Harmonic analysis and potential set ups:



Enjoy, have fun, make a great day, do your Due diligence, trade your plan, and may we all make bank (http://www.forexfactory.com/#)
Attached Image (click to enlarge)
Click to Enlarge Name: AudUsd 1hr.gif Size: 81 KB
Don't follow me! You can and most likely will LOSE all your money!!!!
  • #31,456
  • Jun 2, 2013 7:06pm Jun 2, 2013 7:06pm
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD 3 JUNE 2013.png Size: 60 KB
  • #31,457
  • Jun 2, 2013 7:55pm Jun 2, 2013 7:55pm
Quoting livingston12
{quote} Do your chart included news effect? Is that anyway to make the chart correlate to the news? mean if news good for currency, the chart shall look this way if worse, then shall go that way?
IMO, Forex markets' paths were preset longtime ago. News is not the driving force behind the moves but only the catalysts. When projecting the next moves, I did not look at the calendar. News was not in my mind.
daddybearforex. com
  • #31,458
  • Jun 2, 2013 8:21pm Jun 2, 2013 8:21pm
So I just checked the side of retail traders for Aussie..........longs...IT's 5.46:1 ratio......wtf, that's like what happened during the whole run from USDJPY from 100 down to 74. Basically it means, there's not many retailers who will be buying now, compared to those that will jump ship and SELL when they get stopped out by the big boys shorting tomorrow...


I think Aussie is gonna go much lower..wow.

I must say, SOMETIMES, like rarely, but sometimes retail gets it right, and when it gets extreme like this, it can indicate a turning point. But then again, look at how long it took for USDJPY to return to a normal level. ALl the retailers trying to buy and hold eventually hit their margin limit, only then did we sky rocket back to a normal 90-110 level.
  • #31,459
  • Jun 2, 2013 8:39pm Jun 2, 2013 8:39pm
Quoting lolygagv2
So I just checked the side of retail traders for Aussie..........longs...IT's 5.46:1 ratio......wtf, that's like what happened during the whole run from USDJPY from 100 down to 74. Basically it means, there's not many retailers who will be buying now, compared to those that will jump ship and SELL when they get stopped out by the big boys shorting tomorrow... I think Aussie is gonna go much lower..wow. I must say, SOMETIMES, like rarely, but sometimes retail gets it right, and when it gets extreme like this, it can indicate a turning point. But...
"Big Boys" are nothing but than a part of the mass and they are NOT in control of the market. they may understand market rules better, even that does not prevent from happening this:

http://en.wikipedia.org/wiki/List_of_trading_losses
As Above, So Below
  • #31,460
  • Jun 2, 2013 11:47pm Jun 2, 2013 11:47pm
this last 6-7 weeks forex crunch always right, and this week it still predict a bearish move.
i alredy take my short aiming 9550....but currently she's going up...... 'what a rotten luck!!'
5 traders viewing now