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DaddyBear replied Jul 6, 2012I'd say going to the direction of 1.0170 first. Job number could be bad, so it goes down first. After people realize the possibility of QE3, it goes up. -IMHO-
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DaddyBear replied Jul 6, 2012But, before that happens, Aussie has to come down a little bit.
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DaddyBear replied Jul 6, 2012After looking at the daily chart many times, now I believe the high possibility of hitting 1.0370 in coming sessions.
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DaddyBear replied Jul 5, 2012Water is always flowing to the lower spots. Currently I am holding some short positions from this morning's crazy move. Will unload all of them before Aussie moves side way tonight. I will get ready for tomorrow's NFP.
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DaddyBear replied Jul 5, 2012I expect that Aussie will have big moves in coming weeks. We'll see.
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DaddyBear replied Jul 5, 2012stulic, now let me share with you some of my projections of Aussie based on my chart. [Note: I prefer not to use prediction, which involves super nature power, or forecast, which needs hi-tech equipment.] Short Term: Bearish but the horizontal line ...
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DaddyBear replied Jul 5, 2012stulic, I don't want to disappoint you. Here is a monthly chart with my EW notes. I believe you are smart enough to see what I see. This chart is self-explanatory. No need for any explanation. -IMHO- p.s. You may send me your PM if you really have ...
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DaddyBear replied Jul 5, 2012The way we approach the market are different. When speaking two different languages, there is a very slim chance that we will agree with each other. It's better that we keep a good relationship than debate in the forum endlessly. Take it easy.
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DaddyBear replied Jul 5, 2012I am happy that you like my cartoons. Let me make it clear. I am neither a bear nor a bull. I may be long or short a few times in a single day. In other words, I am not a Prema-Bear. If you paid attention to my message, you would see "If" in the ...
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DaddyBear replied Jul 5, 2012If my chart reading is correct, there are more downside risk than upside. -IMHO-
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DaddyBear replied Jul 5, 2012Good morning! You had pretty good trades. FYI, I entered short at 1.03107.
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DaddyBear replied Jul 5, 2012There was a burst after the news but dropped like a rock. It hit my stop and I made some pips. I reentered long after it hit a bottom and got enough pips. I did not expect it to hit 1.03 but was hoping that could happen. I don't think it will reach ...
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DaddyBear replied Jul 4, 2012It depends on your definition of holy grail. If I can trade successfully and make enough money, I would say that I have found my holy grail. When those "experts" tell you there is no holy grail, I would say that their courses are not good enough or ...
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DaddyBear replied Jul 4, 2012There was a movie with a holy grail story: Indiana Jones and the Last Crusade. Seems to me, holy grail has been used as a synonym of fortune. So, no holy grail means no fortune at all. However, I believe everybody's holy grail is different. Some are ...
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DaddyBear replied Jul 4, 2012Young man, I am digging my gold mine now and you are sitting and waiting for something to happen. You are not working hard enough.
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