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Aussie Trading Room and Cartoons Gallery

  • #31,941
  • Jun 11, 2013 12:38am Jun 11, 2013 12:38am
Quoting arqish
{quote} hmmm... i dont know.. what could i say... i am just a bit worry to buy long... but i am more afraid to short right now.... my feeling to say.. maybe u right... i am sorry guys for those who dont agree with him... thanks for the input http://www.forexfactory.com/showthread.php?p=6743062#post6743062 http://www.forexfactory.com/showthread.php?p=6743074#post6743074 http://www.forexfactory.com/showthread.php?p=6743087#post6743087

even The Credit Agricole said too
http://www.efxnews.com/story/19194/3-reasons-not-chasing-audusd-lower-here-credit-agricole
  • #31,942
  • Jun 11, 2013 12:40am Jun 11, 2013 12:40am
Quoting DaddyBear
{quote} In the Forex trading, being smart is not needed but wisdom is...
I like this. When someone thinks they are too smart the market has a way of humbling them.
  • #31,943
  • Jun 11, 2013 12:40am Jun 11, 2013 12:40am
Quoting arqish
{quote} hmmm... i dont know.. what could i say... i am just a bit worry to buy long... but i am more afraid to short right now.... my feeling to say.. maybe u right... i am sorry guys for those who dont agree with him... thanks for the input http://www.forexfactory.com/showthread.php?p=6743062#post6743062 http://www.forexfactory.com/showthread.php?p=6743074#post6743074 http://www.forexfactory.com/showthread.php?p=6743087#post6743087

I don't need anyone to agree with what I think in the Forex trading because there is no such a rule in this forum.
daddybearforex. com
  • #31,944
  • Jun 11, 2013 12:41am Jun 11, 2013 12:41am
Quoting arqish
{quote} even The Credit Agricole said too http://www.efxnews.com/story/19194/3-reasons-not-chasing-audusd-lower-here-credit-agricole

u right.. DB...

forex is very tricky.. and many things will be happen.... fuhhh
  • #31,945
  • Jun 11, 2013 12:42am Jun 11, 2013 12:42am
Quoting DaddyBear
{quote} I don't need anyone to agree with what I think in the Forex trading because there is no such a rule in this forum.
speak gently.. i am...
  • #31,946
  • Jun 11, 2013 12:44am Jun 11, 2013 12:44am
Quoting Arman_A
Whats a recommended stop loss on a trade risking 5%?
There is no set rule, the SL depends on what time frame you are trading and the strategy you're using.
On 15 min I use 20 pips by default but a friend of mine uses 12.
If you use less the price often goes back and takes you out.
It also depends on the currency and how much it swings and where you've entered your trade but I'd pick a value I'm willing to risk.

Do you know what leveraging is?
http://ezinearticles.com/?Forex-Trading---How-Much-Should-I-Risk-Per-Trade?&id=2102345
Have a nice day
  • #31,947
  • Jun 11, 2013 1:04am Jun 11, 2013 1:04am
I feel for all the traders burnt by this rare event, Hope they all taken something out of it and restructured they way the trade.

I'm still shorting and will do so till i see a reason not to. I have a feeling it just might keep falling....
  • #31,948
  • Jun 11, 2013 1:06am Jun 11, 2013 1:06am
Quoting feather
I feel for all the traders burnt by this rare event, Hope they all taken something out of it and restructured they way the trade. I'm still shorting and will do so till i see a reason not to. I have a feeling it just might keep falling....
What was rare?
  • #31,949
  • Jun 11, 2013 1:25am Jun 11, 2013 1:25am
Quoting 2+2=4ex
{quote} What was rare?
1100 pip drop.
  • #31,950
  • Jun 11, 2013 1:35am Jun 11, 2013 1:35am
Quoting feather
{quote} 1100 pip drop.
It is rare in that it doesn't happen every month, but it is not rare for it to happen once a year or so. If you look at a weekly chart you will see it is not rare and was due.
  • #31,951
  • Jun 11, 2013 2:09am Jun 11, 2013 2:09am
well someone just pushed her off the ledge
  • #31,952
  • Jun 11, 2013 2:12am Jun 11, 2013 2:12am
euraud has gone ballistic
I'll shop after the drop
  • #31,953
  • Jun 11, 2013 2:13am Jun 11, 2013 2:13am
Quoting Willow
euraud has gone ballistic
Haha.. Look like 1.45 is possible this week or next..
  • #31,954
  • Jun 11, 2013 2:14am Jun 11, 2013 2:14am
Quoting 2+2=4ex
{quote} It is rare in that it doesn't happen every month, but it is not rare for it to happen once a year or so. If you look at a weekly chart you will see it is not rare and was due.
Ok I agree Rare is probably a little extreme seeing. At least the others had some kind of retrace and pullback during their decent. This has failed to have anything so far.
  • #31,955
  • Jun 11, 2013 2:21am Jun 11, 2013 2:21am
Quoting k3nshinz3139
{quote} Haha.. Look like 1.45 is possible this week or next..

oh yes, i took a loss and repositioned
I'll shop after the drop
  • #31,956
  • Jun 11, 2013 5:59am Jun 11, 2013 5:59am
Man!! Is there anything to stop this thing!!!!
  • #31,957
  • Jun 11, 2013 6:08am Jun 11, 2013 6:08am
Is it time to buy aussie?!! ...hmmm
  • #31,958
  • Jun 11, 2013 6:11am Jun 11, 2013 6:11am
Quoting forexalien
{quote} No Chart required, It's nothing but Down.........................

No Chart required, It's nothing but Down.......................
The More You Learn, The More You Earn.....
  • #31,959
  • Jun 11, 2013 6:14am Jun 11, 2013 6:14am
Quoting zodiak
Is it time to buy aussie?!! ...hmmm
ABCD complete..
well based on my previous analysis.. when we break low.. the distance between previous low and new low is approx 100 pips..
which then will retrace 61.8% from swing high..

previous low was .9433

61.8% retracement from 0.9672 is 0.9544 (200 pips from low)

this happen 3 times now.. will we see the 4th time??
  • #31,960
  • Jun 11, 2013 6:19am Jun 11, 2013 6:19am
Quoting HelloOz
{quote} ABCD complete.. well based on my previous analysis.. when we break low.. the distance between previous low and new low is approx 100 pips.. which then will retrace 61.8% from swing high.. previous low was .9433 61.8% retracement from 0.9672 is 0.9544 (200 pips from low) this happen 3 times now.. will we see the 4th time??
maybe it is best to short at 9540 level.. if you think long from here is not a good idea..
after all we are still in bearish trend...
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