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EurAnalysis Kindergarten 24 replies

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EurAnalysis

Quoting Cgb
Good thing I put in a TP at 1.3000
Be grateful for ended in profit,lets pray before going sleep


Happy Wet Dream
If there was easy money lying around,no one would be forcing it into your
Quoting PipTrapper
Everything in life is a gamble. Just because you calculate that you have a much greater chance of gain than loss, it is still a chance... therefore a gamble.

Every time you go out in your car to drive somewhere, you take a gamble.
1. Some other car may crash in to yours, or yours in to another car.
2. Your engine may fail
3. Your tire may explode
4. An asteroid may crash down on top of you.
All of the above, have a very low chance of happening, but as long as they are still possibilities, you take a gamble every time you drive that car.
I had a lengthy debate about this with my friend a few months back. He explained the same proposition as you just had. I believe life has more of a 'standard deviation' rather than a black and white (50:50) chance.

I could say EURUSD could shoot to 1.4 in 5 seconds; it does (unlikely) or it does not - a 50:50 chance. On the other hand I could say it could shoot to 1.2 in 5 seconds (again unlikely) or it does not. The 50% chance it could go to 1.4 and the 50% chance it goes to 1.2 right now cancel each other out amongst all the other chances and leads us back to the standard deviation of probability.

Sorry if that does not make much sense, not too good at explaining things sometimes.
You can never go wrong if you're short poop and long toilet paper. Never trade against the trend on this pair and always trade a standard lot size.
I don't care which way the market is going as long as it's going my way
Quoting PipKiller
You can never go wrong if you're short poop and long toilet paper. Never trade against the trend on this pair.
Nice Quote Babe
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If there was easy money lying around,no one would be forcing it into your
Quoting Tyoon
I had a lengthy debate about this with my friend a few months back. He explained the same proposition as you just had. I believe life has more of a 'standard deviation' rather than a black and white (50:50) chance.

I could say EURUSD could shoot to 1.4 in 5 seconds; it does (unlikely) or it does not - a 50:50 chance. On the other hand I could say it could shoot to 1.2 in 5 seconds (again unlikely) or it does not. The 50% chance it could go to 1.4 and the 50% chance it goes to 1.2 right now cancel each other out amongst all the other chances and...
No you make perfect sense. My point is that it all boils down to two possible outcomes. The forces which determine these outcomes are not within our control. Therefore no matter how much greater the chances of one outcome over the other, it is still two possible outcomes. In my books, that's 50/50 (not to be confused with 1:1 odds)
Those who say it cannot be done should not interrupt those who are doing it
Quoting PipTrapper
No you make perfect sense. My point is that it all boils down to two possible outcomes. The forces which determine these outcomes are not within our control. Therefore no matter how much greater the chances of one outcome over the other, it is still two possible outcomes. In my books, that's 50/50 (not to be confused with 1:1 odds)
Here another one
I am look she is as a good girl
because she never drink,smoke,going pub,drugs and the most importantly she still virgin!

2 years later she have boyfriend
1 year later she still dated with her boyfriend but in the same time also date with another boy

at other side,I have seen a girl which like drink,smoking,going pub etc but in love matters,she stay very faithfully and no other guy can touch her ~

so we cant judge someone from her outlook and appearance,so whatever how good the outlook is,there's still a 50/50 good and bad
Bottomline,there's no 100% thing in this life

50/50 I concur!
If there was easy money lying around,no one would be forcing it into your
Quoting tianle
Can someone help me explain the recent drop in gold prices?

From my understanding, traders run to gold at times of economic panic...
Please correct me if I'm wrong, Thanks!
Quoting Pip_Pursuer
I wouldn't mind if someone elaborated on this too. I always thought along the same lines a tianle as well.
There are many factors in play here. I will list the 3 main ones.

1. Gold is priced in USD. When USD gains in value, the relative price of Gold seems lower, but actually it is not so. If Gold was priced in Euros, it would actually be worth slightly more now than one month ago.

2. Another thing to consider is that Gold is used as a hedge against loss in other risk assets. Once investors and traders liquidate their other risk assets, then they no longer have a reason to hold gold as a hedge. Therefore, Gold gets sold off also.

3. One more thing. When the going gets tough and you cannot sell the assets you want to sell, you sell the ones you can sell (including your grandmother's necklace). This includes Gold.

Hope this helps clear up the confusion.

If anyone has anything else to add here, please feel free
Those who say it cannot be done should not interrupt those who are doing it
Quoting PipTrapper
No you make perfect sense. My point is that it all boils down to two possible outcomes. The forces which determine these outcomes are not within our control. Therefore no matter how much greater the chances of one outcome over the other, it is still two possible outcomes. In my books, that's 50/50 (not to be confused with 1:1 odds)
This is what I love about philosophy, filled with opinions and mystery.

Shorted at neckline test. Might be pretty slow for the rest of the market hours around 1.3.

..
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Quoting FXMindset
Here another one
I am look she is as a good girl
because she never drink,smoke,going pub,drugs and the most importantly she still virgin!

2 years later she have boyfriend
1 year later she still dated with her boyfriend but in the same time also date with another boy

at other side,I have seen a girl which like drink,smoking,going pub etc but in love matters,she stay very faithfully and no other guy can touch her ~

so we cant judge someone from her outlook and appearance,so whatever how good the outlook is,there's still a 50/50 good and...
You make an excellent point.

ADD: There is a lesson to be learned here for the men: Never date a virgin. Instead, date one who's given the whole neighborhood a ride. That way you know that she has chosen you above all, rather than decided to try you first.
Those who say it cannot be done should not interrupt those who are doing it
Quoting PipTrapper
You make an excellent point.
Glad you understand it
I though nobody would understand it as my poor english,please correct the words if there are any wrong in written


Thanks
If there was easy money lying around,no one would be forcing it into your
Quoting PipTrapper
You make an excellent point.

ADD: There is a lesson to be learned here for the men: Never date a virgin. Instead, date one who's given the whole neighborhood a ride. That way you know that she has chosen you above all, rather than decided to try you first.



a bit confused,means?


Thanks
If there was easy money lying around,no one would be forcing it into your
Quoting Tyoon
This is what I love about philosophy, filled with opinions and mystery.

Shorted at neckline test. Might be pretty slow for the rest of the market hours around 1.3.

..
careful with that neckline. There are other forces working against it.

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Those who say it cannot be done should not interrupt those who are doing it
Quoting PipTrapper
careful with that neckline. There are other forces working against it.

Attachment 858297
Haha, yeah price just shot back up there. Good job it didn't shoot to 1.4 aye?
Quoting FXMindset
[/i][/b]

a bit confused,means?


Thanks
It means there is less chance of virgins staying with their first lover because they would want to try others also. So better to be one of the others.
Those who say it cannot be done should not interrupt those who are doing it
Quoting Tyoon
Haha, yeah price just shot back up there. Good job it didn't soot to 1.4 aye?
no yet.. but it could.
Those who say it cannot be done should not interrupt those who are doing it
Quoting PipTrapper
It means there is less chance of virgins staying with their first lover because they would want to try others also. So better to be one of the others.
Got it
If there was easy money lying around,no one would be forcing it into your
keeping an eye at the positions (commercial vs traders), looks like we are close to a bottom. OK, could perfectly be at 1.25. Back in spring 2010, commercials made their highs when eurusd was at 1,25 and went even lower (1,18) as a final bear claw. saludos!
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Quoting PipTrapper
You make an excellent point.

ADD: There is a lesson to be learned here for the men: Never date a virgin. Instead, date one who's given the whole neighborhood a ride. That way you know that she has chosen you above all, rather than decided to try you first.
OF course that is assuming that you are not the flavour for the moment or that the person does not get use to changing partner when they decide it is not good enough, can also show a flimsy attitude to commitment, (flitting from one to the other with no regard).

You need to know why a person is doing what they are doing to understand weather they will be commited or not as they may decide thear first was thear best.

It is again about understanding the reality so you get better than 50/50 chance also it depends if is worth doing the leg work (research and analysis) for the end result. if you in it for the long haul need to know if it is for the moment and wait and see then it is a gamble (pure risk).
Quoting PipTrapper
I'm not saying it will come down non-stop. I am saying that if price action gives me the signal, I will sell at 1.32
Let's get there first and then I will tell you what I think.

Got it then will treat all trades with caution that do not get TP weather buy or sell rather than thinking price will return to its lows or highs thanks.

Need more research.
Quoting josechu
keeping an eye at the positions (commercial vs traders), looks like we are close to a bottom. OK, could perfectly be at 1.25. Back in spring 2010, commercials made their highs when eurusd was at 1,25 and went even lower (1,18) as a final bear claw. saludos!
Hi Jose. It is an important support level. However, that level was made during an uptrend as a higher low. It's a different story now. We are in a down trend with the Euro looking south.

The question, will this be a place of correction responding to 2010 support or will it passthrough?

That's my view.

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