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DaddyBear replied Jul 19, 2012I looked at your chart again and found that fxcm tradestation does have DMIP (blue line) and DMIM (red line). You are in good hands. The only issue is fxcm separates ADX from DMIP and DMIM so you cannot see the crossovers among them. This is a ...
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DaddyBear replied Jul 19, 2012FXMindset サー, おはようございます! -Papa-
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DaddyBear replied Jul 19, 2012First, regarding brokers, I would not talk too much about them. I have traded with FXCM for a long time. It is a good broker which compensated my trading losses due to its technical problems. However, its spread is a bit wide. And, you may find some ...
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DaddyBear replied Jul 19, 2012Market Watch - 071912 - Update #2 Guess which way Aussie will take?
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DaddyBear replied Jul 19, 2012Where are they waiting for re-entry? 1.0300 or 1.0170 or lower?
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DaddyBear replied Jul 19, 2012Seems to me, you believe current TL will continue for sometime to come. But, there is a high probability of 'railway switch' as depicted in DB's cartoon today. It is this reason I believe FIB 50.0 is not a remote possibility. -IMHO-
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DaddyBear replied Jul 19, 2012You have done a good analysis of ADX. I am glad you know how to use your own fishing pole to get fishes now. BTW, I use 13 period for ADX because I prefer to use Fibonacci numbers. One advantage (I believe) is that I would stay ahead of the curve ...
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DaddyBear replied Jul 19, 2012irfandbl, sorry for moving again. What is your take of Aussie's move today? -Papa-
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DaddyBear replied Jul 19, 2012Thanks, I will continue to share my insight and cartons with everybody in this thread.
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DaddyBear replied Jul 19, 2012CNTrader, your contributions will be as valuable as any super traders'. In this thread, there is no fixed format or style to follow. In AUDUSD thread, some people who share similar mindset of Kim Jing-il's try to tell people how to think, how to ...
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DaddyBear replied Jul 19, 2012aqeelaputr, you are welcome here anytime.
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DaddyBear replied Jul 19, 2012After looking at charts from M1 to daily, I would say the law of market is prevailing. The underlying power of the natural number series discovered by Fibonacci 700 some years ago overrides all man-made fundies and indicators combined. This is the ...
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DaddyBear replied Jul 19, 2012What is next? The probability of a retracement is higher than a reversal. The rationale behind this judgement is that the current counter trend move since June 1 is incomplete IMHO. This was my vision against the half picture view of bears last ...
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DaddyBear replied Jul 19, 2012Furthermore, 1.0433 is the approximate intersection of this FIB 61.80% and H1 UTL. This fact reinforces the probability of the capping of current bull move at this point. -IMHO-
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DaddyBear replied Jul 19, 2012I used the same FIB 61.80% to gauge Aussie's move like that used by others. The market proved this gauge was not the right tool. The better one is the FIB 61.80% (1.0433) of July 2011 high and Oct 2011 low.
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DaddyBear replied Jul 19, 2012Market Watch - 071912 - Update Aussie broke M5 TL and DMIM crossed above ADX.
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DaddyBear replied Jul 19, 2012Be careful. The bull won't die so quickly.
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DaddyBear replied Jul 19, 2012The Bear showed up at station 1.043XX and ordered the Bull train heading to the higher elevation to switch to another railway to ...... Attention: DaddyBear's cartoons are not indicators, please do not apply them to your charts because they won't ...
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DaddyBear replied Jul 19, 2012Market Watch -071912 Aussie is expected to move south with certain velocity from this level.
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DaddyBear replied Jul 19, 2012Although not a Buddhist, I like the concept of Zen very much. This is why I prefer using cartoons to express my views in a more subtle way. When giving a view or an answer directly and explicitly, it would be very subjective in my opinion. By ...
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