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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #2,201
  • Oct 12, 2011 3:25am Oct 12, 2011 3:25am
Quoting drtorque
im buying 3590s w SL @ 3545..
ZERO BIAS!
I EAT USD FOR BREAKFAST
WISH I WAS IN MIAMI, SO IN THE MOOD TO PARTAYYY!!!
  • #2,202
  • Oct 12, 2011 3:29am Oct 12, 2011 3:29am
  •  AFXFin
  • | Joined Oct 2011 | Status: Price don't have a mind of it's own | 915 Posts
Any Idea? Is this raise in EURUSD just an effect to Trichet's comments?
  • #2,203
  • Oct 12, 2011 3:30am Oct 12, 2011 3:30am
Quoting PipTrapper
Holy crap.
Definite violation
Kill the ego, or it will kill the mission.
  • #2,204
  • Oct 12, 2011 3:30am Oct 12, 2011 3:30am
Quoting PipTrapper
Holy crap. That's def a bullish signal.
Waiting for pullback and I may step in with a leader position to scale in on confirmation
I dont expect any pullbacks.
3860 next resistance. if broken, 1.4200.

i know very hard to buy now, remember Soros. "i know its a bubble, but I'll buy it, it'll go up."
  • #2,205
  • Oct 12, 2011 3:37am Oct 12, 2011 3:37am
Quoting drtorque
I dont expect any pullbacks.
3860 next resistance. if broken, 1.4200.

i know very hard to buy now, remember Soros. "i know its a bubble, but I'll buy it, it'll go up."
...and like I responded last time. I will sell the burst
However, I will try and place a small leader position on any pullback no matter how slight as long as it reaches the 10 ema on the M5 chart to take advantage of the move up. If there is no significant pullback then I won't get stopped
Those who say it cannot be done should not interrupt those who are doing it
  • #2,206
  • Oct 12, 2011 3:38am Oct 12, 2011 3:38am
Quoting drtorque
I dont expect any pullbacks.
I think they are always some pullbacks - they may be not enough for going short, but should fit to jump in this "relief train" and going long. However, if I go long, then with TIGHT SL only. You never know, that may suddenly turn out... Maybe Slovakia will say NO definitely? It would be a 'no FED QE' effect... hah, we would got loaded . But It is obviusly highly improbable .
  • #2,207
  • Oct 12, 2011 3:38am Oct 12, 2011 3:38am
Quoting drtorque
I dont expect any pullbacks.
3860 next resistance. if broken, 1.4200.

i know very hard to buy now, remember Soros. "i know its a bubble, but I'll buy it, it'll go up."
there is also .3760 lets see if it holds
Those who say it cannot be done should not interrupt those who are doing it
  • #2,208
  • Oct 12, 2011 3:45am Oct 12, 2011 3:45am
Quoting PipTrapper
there is also .3760 lets see if it holds
i know i shorted from 3760, lets whatll happen...
ADD: no pullbacks i meant, dont expect below or near 3700...
  • #2,209
  • Oct 12, 2011 3:52am Oct 12, 2011 3:52am
WOW, unbeleivable. This thing just defies the laws of gravity and common sense.

Stopped @ BE 1.3680

Next........
I don't care which way the market is going as long as it's going my way
  • #2,210
  • Oct 12, 2011 3:54am Oct 12, 2011 3:54am
Quoting PipKiller
WOW, unbeleivable. This thing just defies the laws of gravity and common sense.

Stopped @ BE 1.3680

Next........
we're waiting to buy it.. if it goes a little lower...30s maybe??
  • #2,211
  • Oct 12, 2011 4:01am Oct 12, 2011 4:01am
Quoting drtorque
we're waiting to buy it.. if it goes a little lower...30s maybe??
well it looks like the bulls are jumping in.
I take it they still have their oysters intact for now
Those who say it cannot be done should not interrupt those who are doing it
  • #2,212
  • Oct 12, 2011 4:02am Oct 12, 2011 4:02am
Quoting PipTrapper
well it looks like the bulls are jumping in.
I take it they still have their oysters intact for now
bulls move in herds..
cowboys ride them
TX baby hahahaha
  • #2,213
  • Oct 12, 2011 4:03am Oct 12, 2011 4:03am
Quoting drtorque
i know i shorted from 3760, lets whatll happen...
ADD: no pullbacks i meant, dont expect below or near 3700...
no worries, I wasn't and am not expecting that till all the technicals and price action point back down again and they are far from that right now.
Those who say it cannot be done should not interrupt those who are doing it
  • #2,214
  • Oct 12, 2011 4:06am Oct 12, 2011 4:06am
Euro Industrial Production m/m came in at +1.2% vs an expected -0.8% and last month's 1.0%

That should boost a bit further but we do have very strong resistance here. 38.2 fib of big move down.
I am still expecting a bit of a pullback before jumping in. I don't like entering at long term fib lines.
Those who say it cannot be done should not interrupt those who are doing it
  • #2,215
  • Oct 12, 2011 4:09am Oct 12, 2011 4:09am
Quoting PipTrapper
Euro Industrial Production m/m came in at +1.2% vs an expected -0.8% and last month's 1.0%

That should boost a bit further but we do have very strong resistance here. 38.2 fib of big move down.
I am still expecting a bit of a pullback before jumping in. I don't like entering at long term fib lines.
Pt, can you please check my thread, read last 2-3 pages.
we are trying to find out what is going on.
Have I got something on my face, SOLDIER?
  • #2,216
  • Oct 12, 2011 4:11am Oct 12, 2011 4:11am
Are we sure it is not this Channel on D1 that PA wants to respect?
Attached Image (click to enlarge)
Click to Enlarge Name: eu3.gif Size: 71 KB
  • #2,217
  • Oct 12, 2011 4:12am Oct 12, 2011 4:12am
look at these currency index charts

This is clearly USD bear action and not necessarily EUR bulls.

Looks like Fool was bang on with his comments about back door QE3 using USDs to fund euro bank liquidity measure.
Trichet was talking it up while he was swapping the Fed's USDs for Euros.
Sneaky intervention.

OOps for got the link http://www.finviz.com/futures_charts...URRENCIES&p=h1
Those who say it cannot be done should not interrupt those who are doing it
  • #2,218
  • Oct 12, 2011 4:16am Oct 12, 2011 4:16am
Quoting PipTrapper

This is clearly USD bear action and not necessarily EUR bulls.
USD is always a much more scary currency that any other.

off topic, but if you want to see that other great Asian fix... look at the USD/YEN on the 4 hour/daily chart.
Kill the ego, or it will kill the mission.
  • #2,219
  • Oct 12, 2011 4:24am Oct 12, 2011 4:24am
Quoting drtorque
we're waiting to buy it.. if it goes a little lower...30s maybe??
I just can't buy into these intraday rallies on hope in this train wreck waiting for her turn to leave the station with the trail of broken promises in the wake of the politicians jawboning it up. I'm looking for a big swing in this pair.
I don't care which way the market is going as long as it's going my way
  • #2,220
  • Oct 12, 2011 4:26am Oct 12, 2011 4:26am
Quoting PipKiller
"In my many years I have come to a conclusion that one useless man is a shame, two is a law firm, and three or more is a congress." John Adams
Those who say it cannot be done should not interrupt those who are doing it
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