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DaddyBear replied Jul 23, 2012doblece, Wake up and see Aussie is moving along the path inside my red bear. As she is approaching the tail of the red bear, I can now locate the time better if she ever reach there. The updated arriving time could be around 10 PM, EST, July 23, ...
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DaddyBear replied Jul 23, 2012I am not sure if he is a bull, a bear, a bullear or a bearull. Before you call him Grand Papa Bear may be you better see his ID first. -Papa-
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DaddyBear replied Jul 22, 2012TIME — doblece, Now, I look at H1 chart again. I guess the time to reach 1.0183 (if it ever happens) would be around 3:00 AM EST July 24, 2012. -IMHO- (Note: this is only my point of view and in no way a trading recommendation.)
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DaddyBear replied Jul 22, 2012Now, I know why you are a man with abundant wisdom. Ha! Do you consider 1.0183 a more feasible low then 1.0233 based on our common view? (Note: this is only my point of view and in no way a trading recommendation.) - Sorry to borrow yours from now ...
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DaddyBear replied Jul 22, 2012No, not at all. As long as I have the time, I will do my best. -DB-
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DaddyBear replied Jul 22, 2012Please don't misunderstand my note. I knew you were not relying on my opinion alone. It was my way to remind the person who asked questions. I looked at the H1 chart again. I guess I find the tail of my red bear if my analysis is correct. The ...
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DaddyBear replied Jul 22, 2012A picture is worth a thousand words. No, they are not going to cross over yet. It was this reason, I said the daily is still bullish. I use ADX to confirm my chart pattern identification. Not the other way around. -IMHO-
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DaddyBear replied Jul 22, 2012First, I 'd give credit to FXMindset for his nice charting showing a highly likely support area. He did not know my discussion on Saturday. In fact, he is a very seasoned trader with abundant wisdom which I would follow. Finding a correct direction ...
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DaddyBear replied Jul 22, 2012Seems to me you have a different ADX program. I use 13 period not 14.
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DaddyBear replied Jul 22, 2012Nice chart analysis. Your view coincides with my previous post on Saturday that FIB 76.4 (1.0183) may be reached. -IMHO-
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DaddyBear replied Jul 22, 2012PG-13 This is my personal understanding of how the Forex market works. Regardless of what happened to the news, fundies or techies, the law of the market is the only underlying power which follows a preset path to move on. Any man-made concepts, ...
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DaddyBear replied Jul 22, 2012We are inside the red bear now. The lower part of the TWIN-BEAR Astrological Sign seen by ancient Greeks' eyes.
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DaddyBear replied Jul 22, 2012We are still in the air. Get your parachute ready and jump!
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DaddyBear replied Jul 22, 2012Very good analysis of S/R. I think it will be broken sooner than later. -IMHO-
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DaddyBear replied Jul 22, 2012I was a fan of Ichimoku clouds, so I kind understand what you are talking about. I'd say the former is more likely than the later. The cloud bottom usually is the base of the current support. 1.0233 is also the FIB 61.8. I discussed this on Friday ...
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DaddyBear replied Jul 22, 2012Welcome, salt. Your question is beyond my knowledge. I am a small guy like you. Big boys may not be right every time. My strategy is finding the right direction and ride it up or down. Regardless of what analysis you prefer, in the end, the only ...
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DaddyBear replied Jul 22, 2012I don't have access to the news now. If my chart reading is correct, Aussie is going to have a quick drop from this level. -IMHO-
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DaddyBear replied Jul 22, 2012First, welcome aboard! In my opinion, 1.0215 is very likely but parity probably not. Your seasonality could be proved correct this year. Since there are still 7 sessions before Aug. An up move is highly likely. -DB-
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DaddyBear replied Jul 22, 2012Based on my reading, the daily ADX is still bullish up to this point. Base on my chart pattern reading, the daily bullish pattern is incomplete. But, if you are trading short term like M5 or M15, it would be another story. -IMHO-
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