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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #4,181
  • Oct 20, 2011 11:25am Oct 20, 2011 11:25am
Quoting Tom_D_Trader
If anything regarding EFSF fails, EUR is in deep trouble, because right now, leveraging EFSF is the one and only plan to rescue EMU.

T
oh oh. Really a very hard time for them. Even the magnitude of leverage has to be accepted by all states before execution??? Or that will be solely decided by ECB???

Sorry if i'm bugging.

Any you seem like an interesting character. I read you post mentioning about "strangers"
  • #4,182
  • Oct 20, 2011 11:25am Oct 20, 2011 11:25am
Looks like The new beginning of USD has come back - attached USDSGD Daily few pips away from resistance

attached EU Last Daily Support
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDSGD Daily.png Size: 31 KB
Click to Enlarge Name: EU Daily.png Size: 30 KB
Click to Enlarge Name: EU Daily Trend.png Size: 36 KB
If there was easy money lying around,no one would be forcing it into your
  • #4,183
  • Oct 20, 2011 11:25am Oct 20, 2011 11:25am
Quoting Momo123
Can any body tell me whats the neckline point everyones talking about

and also piptrapper if everybody looks for safety does this mean euro down down down
The neckline is the bottom of the head and shoulder pattern on the H4 chart.

When everybody runs to safety they put their money in US fixed income, Japanese Yen and Gold. Everything else drops like a hot potato

When things get really bad, all those who found safety in Gold, sell it and run with the others to USD and JPY
Those who say it cannot be done should not interrupt those who are doing it
  • #4,184
  • Oct 20, 2011 11:27am Oct 20, 2011 11:27am
Quoting PipTrapper
If we manage to close below 1185 today, I am not sure the bulls will want to touch it until it hits range bottom.
If it breaks 1185 no one will touch it until the 200 SMA. Iīm with you on that.
Observation is the path to discovery.
  • #4,185
  • Oct 20, 2011 11:30am Oct 20, 2011 11:30am
Quoting Alorente
If it breaks 1185 no one will touch it until the 200 SMA. Iīm with you on that.
If that happens, thatīs where I will take 50% of my profit. At the 200 SMA (1168). I will also take 50% of my profit wherever the Euro is when the S&P hits 1168. Maybe I shouldnīt. Maybe I should hold longer, but I am a conservative at heart.
Observation is the path to discovery.
  • #4,186
  • Oct 20, 2011 11:31am Oct 20, 2011 11:31am
Quoting Alorente
If it breaks 1185 no one will touch it until the 200 SMA. Iīm with you on that.
Alorente my charts show me that 200sma on s&p is about 1260? Do you mean if it touches the 50sma? Or are you loking at the 4h and not the one day?
  • #4,187
  • Oct 20, 2011 11:33am Oct 20, 2011 11:33am
Quoting RodMca
Alorente my charts show me that 200sma on s&p is about 1260? Do you mean if it touches the 50sma? Or are you loking at the 4h and not the one day?
Yes. I am looking at the H4 which is what I trade.
Observation is the path to discovery.
  • #4,188
  • Oct 20, 2011 11:34am Oct 20, 2011 11:34am
Quoting FX Tsunami
oh oh. Really a very hard time for them. Even the magnitude of leverage has to be accepted by all states before execution??? Or that will be solely decided by ECB???

Sorry if i'm bugging.

Any you seem like an interesting character. I read you post mentioning about "strangers"

ECB has nothing to do with it. Only EMU member states and those already approved leveraging. Thou I dont know who can decide magnitude of that leverage, maybe some board of theirs.

And please dont take it as if EFSF fails, EUR will fall. As Piptrapper already said, EFSF failure can be already priced in. Thats called market expectations.

T.
"I know one thing, that I know nothing." Sokrates
  • #4,189
  • Oct 20, 2011 11:40am Oct 20, 2011 11:40am
This is how ECB will help the banks of they are not re-capitalized enough.
Change the rules.

Bloomberg: ECB Considering Changing Rules On Asset-Backed Collateral
Those who say it cannot be done should not interrupt those who are doing it
  • #4,190
  • Oct 20, 2011 11:43am Oct 20, 2011 11:43am
Quoting Tom_D_Trader
ECB has nothing to do with it. Only EMU member states and those already approved leveraging. Thou I dont know who can decide magnitude of that leverage, maybe some board of theirs.

And please dont take it as if EFSF fails, EUR will fall. As Piptrapper already said, EFSF failure can be already priced in. Thats called market expectations.

T.
Let me add just one thing to this.
There is a huge difference between a Eurozone Crisis and a Euro crisis.
The Eurozone is political. The Euro is monetary
What Europe has is a Eurozone crisis. The politicians don't know how to play in the same sandbox.
Those who say it cannot be done should not interrupt those who are doing it
  • #4,191
  • Oct 20, 2011 11:45am Oct 20, 2011 11:45am
Quoting Tom_D_Trader
ECB has nothing to do with it. Only EMU member states and those already approved leveraging. Thou I dont know who can decide magnitude of that leverage, maybe some board of theirs.

And please dont take it as if EFSF fails, EUR will fall. As Piptrapper already said, EFSF failure can be already priced in. Thats called market expectations.

T.
Great !!
  • #4,192
  • Oct 20, 2011 11:48am Oct 20, 2011 11:48am
It is all about Greece in general the PIIGS

http://www.wise-gazette.com/top-news...ts-to-plummet/
  • #4,193
  • Oct 20, 2011 11:50am Oct 20, 2011 11:50am
Quoting PipTrapper
Let me add just one thing to this.
There is a huge difference between a Eurozone Crisis and a Euro crisis.
The Eurozone is political. The Euro is monetary
What Europe has is a Eurozone crisis. The politicians don't know how to play in the same sandbox.
That was a good link.

And it seems to me like Eurozone is the ultimate reason for EUR crisis until it is a ZONE. May be ehh
  • #4,194
  • Oct 20, 2011 11:54am Oct 20, 2011 11:54am
Oh My Goodness!!!Do you guys noticed that???
If there was easy money lying around,no one would be forcing it into your
  • #4,195
  • Oct 20, 2011 11:56am Oct 20, 2011 11:56am
Piptrapper, I have one question for you which has me worried and I canīt find an answer for. What happens to the value of the Euro if an announcement is made that Greece is exiting the Euro? An implication of that would be that all weak countries may end up exiting also. Something inside of me tells me that the Euro may skyrocket in that eventuality. It is a very distinct possibility, since the money runs out in 3 weeks, and if a deal is not struck, Greece may be forced out and a dissorderly default may occur afterwards OUTSIDE the Eurozone. This thought haunts me at night. What do you think?
Observation is the path to discovery.
  • #4,196
  • Oct 20, 2011 11:58am Oct 20, 2011 11:58am
Quoting FXMindset
Oh My Goodness!!!Do you guys noticed that???
i know !!!!!

i was very silly....
  • #4,197
  • Oct 20, 2011 11:59am Oct 20, 2011 11:59am
Quoting FXMindset
Oh My Goodness!!!Do you guys noticed that???
You mean what looks like stealth US$ selling to prop up the euro again. I ain't touching it

Attached Image (click to enlarge)
Click to Enlarge Name: 60 round 3.jpg Size: 84 KB


I'm loading my guns with EURCHF
I don't care which way the market is going as long as it's going my way
  • #4,198
  • Oct 20, 2011 12:00pm Oct 20, 2011 12:00pm
Why are we seeing a bounce does anyon know?
  • #4,199
  • Oct 20, 2011 12:01pm Oct 20, 2011 12:01pm
its the Merkel speech i suppose...
on the other side, Chancellor Merkel cancels statement on EU summit on lack of details for EFSF according to a spokesman
As Above, So Below
  • #4,200
  • Oct 20, 2011 12:01pm Oct 20, 2011 12:01pm
Quoting FX Tsunami
i know !!!!!

i was very silly....
No,I dont mean you
If there was easy money lying around,no one would be forcing it into your
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