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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #1,921
  • Oct 11, 2011 6:09am Oct 11, 2011 6:09am
Quoting Blobik
Lets try Murphy's laws - I will go AFK for 10-20 min and the vote results should get available. Maybe even bearish . Eventually, I am bored with waiting (what takes them SO MUCH time...?) Any... Problems?
lots of dissenters and they may have to vote more than once. If it fails, the prime minister is going to resign and the government may fall. Elections may be on the horizon before another efsf vote.
Those who say it cannot be done should not interrupt those who are doing it
  • #1,922
  • Oct 11, 2011 6:10am Oct 11, 2011 6:10am
Quoting BullsVsBears
Trading is like poker. The idea is to psychologically guess what's in the other players hand. The best thing is you have a 50/50 chance. There's only two hands you can play. I think the hand goes bad when you get emotional thus showing your poker hand. This is the best game in the world!
same applies to the Slovakian parliament right now
Those who say it cannot be done should not interrupt those who are doing it
  • #1,923
  • Oct 11, 2011 6:11am Oct 11, 2011 6:11am
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  • #1,924
  • Oct 11, 2011 6:12am Oct 11, 2011 6:12am
Quoting PipTrapper
Oh yes I forgot you are in China.
As for the BiaS thing, I was not suggesting what you thought. Just read the capital letters and ignore the 'ia'
I got it. But I just wanted to up the stakes, to prove that indeed, I was less mature than you.
Kill the ego, or it will kill the mission.
  • #1,925
  • Edited 6:26am Oct 11, 2011 6:16am | Edited 6:26am
Quoting PipTrapper
same applies to the Slovakian parliament right now
I think, that in case of Slovakian parliment the chances are bigger. They are politicians after all, politicians do not like earlier elections... And when few parties get what they want, isn't it easier to step aside and continue, than to cause new election, and "gamble" who will get more votes? I think they are just trying to use the vote as their trump card. But when they get what they want, the trump card will be discarded and we will go back to the EUR "kick the can down" routine.

Hopefully, I am wrong .

Hey, if I am wrong, than it means, that I just need to trade against my beliefs, hopes and analysis

ADD: Ok, I am out. Got sick and tired of waiting, and have work to do. The worst scenario is price touching my SL and EFSF vote failing after it. But it still is a no-loss scenario EDIT: Oh, well, it got hit even before I got out. Whatever, seems entry was too low today for selling.
  • #1,926
  • Oct 11, 2011 6:19am Oct 11, 2011 6:19am
Quoting PipTrapper
same applies to the Slovakian parliament right now
Yeah, I think he's holding a 2 of diamond and a 8 of clubs
I have multiple personalities... Bull today Bear tomorrow!
  • #1,927
  • Edited Oct 12, 2011 3:11am Oct 11, 2011 6:20am | Edited Oct 12, 2011 3:11am
The bears looks good so far as we can see that there is a selling pressure breaking 61.8 Fibo..Just Ignored the green lines because there is only probability scenario,expect un expected close my short yesterday for 110 pips

Stay Flat now


Trade safe my friends
If there was easy money lying around,no one would be forcing it into your
  • #1,928
  • Oct 11, 2011 6:30am Oct 11, 2011 6:30am
Quoting FXMindset
The bears looks good so far as we can see that there is a selling pressure breaking 61.8 Fibo..Just Ignored the green lines because there is only probability scenario,expect un expected close my short yesterday for 110 pips

Stay Flat now


Trade safe my friends
Nice!
I have multiple personalities... Bull today Bear tomorrow!
  • #1,929
  • Oct 11, 2011 6:31am Oct 11, 2011 6:31am
Wall Street is now open and trading.
So, results of Slovakian EFSF vote, good or bad, will have higher impact.
Those who say it cannot be done should not interrupt those who are doing it
  • #1,930
  • Oct 11, 2011 6:37am Oct 11, 2011 6:37am
Fundamental wise.......wouldn't yes vote already be baked in? It's like extortion isn't it?
PT the floor is yours on this, you know more about these impacts!
  • #1,931
  • Oct 11, 2011 6:44am Oct 11, 2011 6:44am
Quoting Gofer Pips
Fundamental wise.......wouldn't yes vote already be baked in? It's like extortion isn't it?
PT the floor is yours on this, you know more about these impacts!
It probably is baked in to the price. However, this vote is holding back bulls that want to buy for other reasons.
Nasdaq is leading the markets and it is up.
The sp500 wants to catch up.
If the sp500 goes up, the euro usually follows. (usually)
I know it's nothing definite, but it's all I got.

Keep in mind though that even if it goes up, it's coming back down at some point.

Geez I wish I had a time machine
Those who say it cannot be done should not interrupt those who are doing it
  • #1,932
  • Oct 11, 2011 6:48am Oct 11, 2011 6:48am
In a nutshell, today is a risk-on day held back by Slovakia

They will probably keep voting until they have a yes but that could take days, yet it could be done today.
Perhaps at some point they give up on trying to get a yes and the gov falls.

Nobody knows.
Those who say it cannot be done should not interrupt those who are doing it
  • #1,933
  • Oct 11, 2011 6:50am Oct 11, 2011 6:50am
Slovakian gov do they have the same amount of cash to put down if the vote is yes?
He who fears being conquered is sure of defeat - Napoleon Bonaparte
  • #1,934
  • Edited Oct 12, 2011 3:11am Oct 11, 2011 6:51am | Edited Oct 12, 2011 3:11am
Quoting BullsVsBears
Nice!
I'm believe this is normal some big correction before going down further as we already break down the longterm uptrend,secondly I've read that some members said if 157 break then the trend is change upside again as i share different outlook,I wont change my bearish to bullish bias until we break the double top ( Orange Mark) Chart explained below and keep notice the strong support from USDX Monthly (orange Mark)

I might be wrong but this how am trade with just a very simple and poor chart for many years and the monthly chart show me that USD will getting stronger as we break the longterm downtrend..

This is Just the Beginning of the new Trend
If there was easy money lying around,no one would be forcing it into your
  • #1,935
  • Oct 11, 2011 6:55am Oct 11, 2011 6:55am
Quoting hjs69
Slovakian gov do they have the same amount of cash to put down if the vote is yes?
They cannot afford the cash. That is why there are dissenters.
But maybe they amend the bill to agree to EFSF but give no money. This is also a possible scenario.
We will have to wait and see.
Those who say it cannot be done should not interrupt those who are doing it
  • #1,936
  • Oct 11, 2011 6:57am Oct 11, 2011 6:57am
Quoting FXMindset
I'm believe this is normal some big correction before going down further as we already break down the longterm uptrend,secondly I've read that some members said if 157 break then the trend is change upside again as i share different outlook,I wont change my bearish to bullish bias until we break the double top ( Orange Mark) Chart explained below and keep notice the strong support from USDX Monthly (orange Mark)

I might be wrong but this how am trade with just a very simple and poor chart for many years and the monthly chart show me that USD will...
What do you think of this one?
Attached Image (click to enlarge)
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  • #1,937
  • Oct 11, 2011 6:58am Oct 11, 2011 6:58am
Quoting FXMindset
I'm believe this is normal some big correction before going down further as we already break down the longterm uptrend,secondly I've read that some members said if 157 break then the trend is change upside again as i share different outlook,I wont change my bearish to bullish bias until we break the double top ( Orange Mark) Chart explained below and keep notice the strong support from USDX Monthly (orange Mark)

I might be wrong but this how am trade with just a very simple and poor chart for many years and the monthly chart show me that USD...
I agree 100% with your charts
They match the fundamental facts, not the fiction.
Those who say it cannot be done should not interrupt those who are doing it
  • #1,938
  • Oct 11, 2011 7:02am Oct 11, 2011 7:02am
equities have been trading in a very tight range all day, yet the euro has been dropping. That shows a bullish slant on the USD index

look here and click on the 1D chart--> http://www.bloomberg.com/quote/DXY:IND/chart

.
Those who say it cannot be done should not interrupt those who are doing it
  • #1,939
  • Oct 11, 2011 7:05am Oct 11, 2011 7:05am
Quoting Gofer Pips
What do you think of this one?
Honestly am not clear yet bro for current movement..thats why am stand flat now for 110 pips,but I think you can go ahead as long with correct MM strategy with tight stoploss above that around 10 Pips,believe with your view bro
If there was easy money lying around,no one would be forcing it into your
  • #1,940
  • Oct 11, 2011 7:06am Oct 11, 2011 7:06am
Quoting Gofer Pips
What do you think of this one?
I am short at 1.3661 on that double top premise and I have a stop loss at 1.3710
Those who say it cannot be done should not interrupt those who are doing it
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