DislikedYour broker would love you if you trade that way with a a big size but they would also hate you if you trade that way with good MM strategyIgnored
Yay! Pips for everyone!
EurAnalysis Kindergarten 24 replies
DislikedYour broker would love you if you trade that way with a a big size but they would also hate you if you trade that way with good MM strategyIgnored
DislikedYes. May 2011
That was the month that the ECB did not raise rates when the market had already priced in a rate hike. Then it was quickly followed by the Greek problem. From there the euro ranged between 1.40 and 1.47 till the big drop in September.Ignored
DislikedHere ya go. The big picture to ponder for the weekend.
You'll probably start hearing talk about the 200 sma next week if you havn't already.
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DislikedHere ya go. The big picture to ponder for the weekend.
You'll probably start hearing talk about the 200 sma next week if you havn't already.
DUH!! Which way do we go George, which way do we go.
http://www.youtube.com/watch?v=bs-Q0JmWjj0
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DislikedIts the end of week and another next new week and would be also another new month
Take a look a bigger picture,short EU @ 1.41 and 1.42 would be very delicious even for small positionIgnored
DislikedFinding it difficult to understand.. on a daily and weekly chart 200 sma is flat (going sideways), 4h chart gong down and on an hourly chat its climbing. what should we understand out of this ?
As I understand, sma (moving average) is to know the trend , am i correct ?Ignored
DislikedConsidering we got a major short covering rally today on really light volume for a breakout trade, its obvious most don't want to be short over the weekend, but I say, based on the euros track record, do you really want to be long?Ignored
DislikedFinding it difficult to understand.. on a daily and weekly chart 200 sma is flat (going sideways), 4h chart gong down and on an hourly chat its climbing. what should we understand out of this ?
As I understand, sma (moving average) is to know the trend , am i correct ?Ignored
DislikedWhat I dislike is, that previous falls in this huuuuge bullish flag (Or sth pretending to be one) never had such a strong correction. At least I don't see a monthly upper shadow big enough. When it was falling, it was falling nicely. But we still have a week to change the candle to bearish one. On Monday I was thinking it may be possible, now I doubt the fall all this way to be probable in just one week...
Unless we get some serious event, that will cause constant drop and breaking every support on the way into tiny pieces. But I doubt I wish...Ignored
DislikedBlobik. Hopium wears off. It is not correlated to reality. Merkel's hands are now tied. They will have to come up with some creative financial engineering to pull the wool over the market's eyes in order to prevent a sell-off on the final news while at the same time protecting the AAA credit rating of France.
I am sitting in my comfy armchair with a bag of popcorn to watch this drama movie unfold. My mouse button will be very close though and the pointer is sitting on the sell button. When the time comes, I will not be shy to press it if I think...Ignored
DislikedTry that with the 200ema and you'd be closer to what I am projecting if we manage to crack the 1.3913 high. 200ema currently sita at 1.3956 but will inch slightly higher as price approaches it. Therefore 1.40 is a viable target. But first we have to break the high. Can we do it in 30 minutes?
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DislikedExactly why the Feds Yellen is on the QE bandwagon, when the danger to growth is in Europe is a question for the weekend to ponder.Ignored
DislikedOne of the things I watch is the envelope 2.5 std deviation on the 20 sma bollinger band.
Price was contained counting current bar on the 8 hour going back three bar. Looks like a channel rather then an uptrend.
Unfortunatly we will close towards the high of the channel but we have only been testing the volatility extremes.
The break below 76.50 on USD index will treat as an unconfirmed breakout.
With the news about Germany shutting down Ms. Merkel pocketbook will hold positions through the weekend.
Nothing is going to come from the summit...Ignored
DislikedVery interesting, your 200 ema and mine are 200 pips apart. 200 ema with my charting platform is 1.3717, my 200 sma is 1.3991Ignored