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DaddyBear replied Jul 19, 2012I agree with you that the Aussie is the most overvalued currency. But, the market can stay irrational much longer than what we can expect. Trade safely.
Aussie Trading Room and Cartoons Gallery
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DaddyBear replied Jul 19, 2012Aussie Trading Room and Cartoons Gallery — ANNOUNCEMENT: DaddyBear's new thread has moved to "Aussie Trading Room and Cartoons Gallery". url -DB-
AUD/USD
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DaddyBear replied Jul 19, 2012While still believing in his sound fundies and professional charts, the Bear fell off the cliff after chased by the raging Bull all the way up ......... Attention: DaddyBear's cartoons are not indicators, please do not apply them to your charts ...
Aussie Trading Room and Cartoons Gallery
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Aussie Trading Room and Cartoons Gallery
Started Jul 19, 2012|Recycle Bin|35,201 replies
This thread is mainly focusing on Aussie trading. Whether you are bulls, bears or something in ...
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DaddyBear replied Jul 19, 2012DaddyBear is moving! — Announcement: DaddyBear is moving! Aldente, thanks. I finally found the link and place the new thread under members' lounge before seeing your post. url I will be posting all of my messages in this new thread, "The ...
AUD/USD
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DaddyBear replied Jul 19, 2012Thanks for your input. But, for some unknown reason, I couldn't find the link to initiate this process. Could you provide one?
AUD/USD
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DaddyBear replied Jul 19, 2012My broker showed 1.0441. A lot market data we are using is filtered and does not represent the real data. But, regardless of which number we are looking at, Fibonacci's 0.618 is always a reliable number. -IMHO-
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DaddyBear replied Jul 19, 2012Now, I understand your rationale behind No.2. You might be looking at H1 LTL.
AUD/USD
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DaddyBear replied Jul 19, 2012What are the TF and ADX period? As mentioned in my posts earlier today, identifying a reversal or a retracement needs a big picture of the pattern. Understanding this big picture requires a pattern language. Please see my previous posts for your ...
AUD/USD
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DaddyBear replied Jul 19, 2012My observation of charts indicates one high probability. When a retracement aligns with the major trend, the velocity usually is high. There is nothing profound behind this probability. The boats always move faster when following the river flow ...
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DaddyBear replied Jul 19, 2012Can anybody who has created new threads before give me some ideas as to how to set up a new thread?
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DaddyBear replied Jul 19, 2012FXM, one of your recent post was redirected to other page. I'd like to reply to you again here. I will create a new thread based on the principle of the freedom of speech. It is very tough to share the same room with some people whose mindsets are ...
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DaddyBear replied Jul 19, 20122+2=4ex, Wow, I've gotten a competitor now. Your concept is pretty good. I like the sharks. Nice cartoon!
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DaddyBear replied Jul 18, 2012Essex, I remember we were surrounded by the bears last week for taking a long view. One of them even bookmarked my post. They kept saying time would tell. Yes, time would tell.
AUD/USD
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DaddyBear replied Jul 18, 2012By the same token, a lot bulls are shouting Aussie should go to 1.047xx or 1.0500 now. I would say yes but not right now. This bull has run uphill long enough in just a few sessions. Shouldn't she deserve taking a break?
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DaddyBear replied Jul 18, 2012While a lot bears shouting Aussie would go to parity last week, I believed the bears only saw half of the big picture and posted my vision that the bullish pattern was incomplete. Even it's still incomplete now, I see a retracement is forming. The ...
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DaddyBear replied Jul 18, 2012Actually, 2.50 is not too bad. Some brokers charge 4.50 or more for Wednesday Aussie swap.
AUD/USD