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DaddyBear replied Jun 27, 2012No, Papa does not worry about this. The Forex hierarchy places EW principle at the top and the probability game at the bottom. -IMHO-
AUD/USD
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DaddyBear replied Jun 27, 2012Thanks. I like to have fun during trading hours. Before Human invented writing systems, drawings were the main communication tools. I am a person of the prehistory generation.
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DaddyBear replied Jun 27, 2012After the news release, the bull got very excited for no good reason. Then, after finding a slide going to nowhere, the bull jumped in to get a ride without knowing the supports are crumbling. Story developing........
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DaddyBear replied Jun 27, 2012Again, May pending home sales jump 6%. This reinforces the durable goods report. QE3 is pretty much out of the picture at this point.
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DaddyBear replied Jun 27, 2012Don't understand why the bulls are so exciting after the durable goods report. It indicates the US economy is in a good shape. The exchange rate is based on the relative economy strength of the two countries. The US will be the driver of the world ...
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DaddyBear replied Jun 27, 2012At this point, the bull is running up the hill. When the bull exhausts, "he" will stop and run to the hillside. Is this a long trip? You have to ask the bull?
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DaddyBear replied Jun 27, 2012Shall we continue providing free salmon sashimi, beer and honey at the pub? Is it happy hours now?
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DaddyBear replied Jun 26, 2012Welcome Mac! I'd like to provide some personal experience for your reference. Find a good ECN broker and prepare to pay the commissions and fees. Study technical analysis. Buy books not DVDs. Find a pair suitable for you to trade during your ...
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DaddyBear replied Jun 26, 2012Free salmon sashimi, beer and honey at the pub during happy hours. 100% Guaxxxxxed

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DaddyBear replied Jun 26, 2012Understood. If you could "feel" this before the fact, it would make more sense to me. We all made wrong judgements before. I might disagree with OZPIPS's view, but his courage to express his view before the fact deserves my respect.
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DaddyBear replied Jun 26, 2012OZPIPS expressed his view when the news was released. You "feel" the opposite after the fact that Aussie was falling. I don't think it's fair to OZPIPS. This is like throwing stones on a guy who just fell inside the well.
AUD/USD