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EurAnalysis Kindergarten 24 replies

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  • #8,161
  • Nov 8, 2011 1:06am Nov 8, 2011 1:06am
Ting Tong
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If there was easy money lying around,no one would be forcing it into your
  • #8,162
  • Nov 8, 2011 1:07am Nov 8, 2011 1:07am
Quoting AaronWard
Might want to try a bit of scalping. We are still in correction phase from last Mondays drop. That means there will be an enormous amount of up and down.

Waiting on fundamentals is a bit like waiting for your grandmother to die to get rich. It could take a while.
Yesterday market was driven by news and rumors. It is very important that you look very carefully what news come about Berlusconi today, market right now are like kids... driven my news and rumors, like headless chickens.
  • #8,163
  • Nov 8, 2011 1:14am Nov 8, 2011 1:14am
Quoting GoldMan.
Yesterday market was driven by news and rumors. It is very important that you look very carefully what news come about Berlusconi today, market right now are like kids which is driven my news and rumors, like headless chickens.
Yeah, I am watching this breakout attempt. Feeling quite passive about it. Its ironic that if Berlusconi is out the Euro celebrates. The reality is that you have yet one more headless chicken in Europe and things just got somewhat worse. Any transfer of power will take 3 months at the very minimum.
Kill the ego, or it will kill the mission.
  • #8,164
  • Nov 8, 2011 1:22am Nov 8, 2011 1:22am
Quoting GoldMan.
Yesterday market was driven by news and rumors. It is very important that you look very carefully what news come about Berlusconi today, market right now are like kids... driven my news and rumors, like headless chickens.
http://www.bloomberg.com/news/2011-1...es-defect.html


vote is in 5 hrs. prolly is a done deal B will go, euro positive
"If The Fool persists in his Folly he will become wise." - William Blake
  • #8,165
  • Nov 8, 2011 1:30am Nov 8, 2011 1:30am
Quoting The Fool
http://www.bloomberg.com/news/2011-1...es-defect.html


vote is in 5 hrs. prolly is a done deal B will go, euro positive
Yes.
Right now look at 1.3779-x, area where it is strongly pushed for selling, it does not have this power as yesterday and it is quite hardly pushed up from downside and we have big news for the market so it is very likely we see more movement up today.

H1:
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  • #8,166
  • Nov 8, 2011 1:41am Nov 8, 2011 1:41am
Good Morning All,
S3 S2 S1 PP R1 R2 R3
1.3462 1.3611 1.3692 1.3761 1.3842 1.3910 1.4060
  • #8,167
  • Nov 8, 2011 2:33am Nov 8, 2011 2:33am
Quoting unique567
Good Morning All,
S3 S2 S1 PP R1 R2 R3
1.3462 1.3611 1.3692 1.3761 1.3842 1.3910 1.4060
I know it's ecofin day, however that's a pretty wide spread you've got...

It'd be great if it comes off :-)
patience is a virtue
  • #8,168
  • Nov 8, 2011 2:49am Nov 8, 2011 2:49am
From current PA to R1 is approx. 60 pips and to R2 is only 130. Could get us to Pip Trappers right shoulder.
  • #8,169
  • Nov 8, 2011 2:58am Nov 8, 2011 2:58am
Quoting AaronWard
Might want to try a bit of scalping. We are still in correction phase from last Mondays drop. That means there will be an enormous amount of up and down.....
I would like to. And I could succeed. But I am still afraid of scalping. I just do swing entries from 1 min chart like a scalper and set SL at BE. Maybe after half a year, when I am more confident about PA, I will try scalping. Now I am just afraid. And in fact I dont have enough time, it really sucks to place entries through mobile while at work.

T
"I know one thing, that I know nothing." Sokrates
  • #8,170
  • Nov 8, 2011 3:04am Nov 8, 2011 3:04am
Quoting iqyu5an
is your 1-2-3-4-5 elliot wave ?
No. 5 wave zigzag correction (Bear Flag)
Those who say it cannot be done should not interrupt those who are doing it
  • #8,171
  • Nov 8, 2011 3:07am Nov 8, 2011 3:07am
Quoting unique567
From current PA to R1 is approx. 60 pips and to R2 is only 130. Could get us to Pip Trappers right shoulder.
yes it'd be nice to get to PTs' right shoulder.....

I've been looking at the volumes and there doesn't appear to be much bullish momentum. All this could change of course depending on what news comes from ecofin.

without news, I think she's gonna head south
patience is a virtue
  • #8,172
  • Nov 8, 2011 3:09am Nov 8, 2011 3:09am
Quoting lovepips
yes it'd be nice to get to PTs' right shoulder.....

I've been looking at the volumes and there doesn't appear to be much bullish momentum. All this could change of course depending on what news comes from ecofin.

without news, I think she's gonna head south
If Berlusconi is defeated in the no confidence vote, expect a relief rally. Perhaps 1.39?
Those who say it cannot be done should not interrupt those who are doing it
  • #8,173
  • Nov 8, 2011 3:13am Nov 8, 2011 3:13am
Quoting PipTrapper
If Berlusconi is defeated in the no confidence vote, expect a relief rally. Perhaps 1.39?
when the confidence vote bro? 1.39 ? Enough for me and you
If there was easy money lying around,no one would be forcing it into your
  • #8,174
  • Nov 8, 2011 3:14am Nov 8, 2011 3:14am
Quoting FXMindset
My Fibo dont have any price level on it and complete like you,do we need reset on it or bro?
To get prices on your fibo lines in MT4, add %$ at the end of the description as shown in the attached picture.

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Those who say it cannot be done should not interrupt those who are doing it
  • #8,175
  • Nov 8, 2011 3:16am Nov 8, 2011 3:16am
Quoting FXMindset
when the confidence vote bro? 1.39 ? Enough for me and you
Yes 1.39 is enough

Confidence vote I think is at 3:00pm CET (Rome Time)
Those who say it cannot be done should not interrupt those who are doing it
  • #8,176
  • Nov 8, 2011 3:18am Nov 8, 2011 3:18am
It is very hard to ignore the noise while in the open position. Berlusconi will get the confidence and you all seem to think it will drive markets up. I hope it will, nevertheless, I am still shorting. If it does spike, short squeeze could result in fast exponential move up for 3893 - 3935 zone for loads and loads of beautifull shorts. Well, we shall see in couple of hours.
"I know one thing, that I know nothing." Sokrates
  • #8,177
  • Nov 8, 2011 3:20am Nov 8, 2011 3:20am
Quoting PipTrapper
To get prices on your fibo lines in MT4, add %$ at the end of the description as shown in the attached picture.

.
Lol, thats the best hint I have been given so far.
"I know one thing, that I know nothing." Sokrates
  • #8,178
  • Nov 8, 2011 3:23am Nov 8, 2011 3:23am
Quoting PipTrapper
Yes 1.39 is enough

Confidence vote I think is at 3:00pm CET (Rome Time)
We have the same tastes for long/short
Rome time ? Would be appreciate if can know in Hongkong time
Btw thanks for the Fibo answer bro,Iqyusan just help me
If there was easy money lying around,no one would be forcing it into your
  • #8,179
  • Nov 8, 2011 3:24am Nov 8, 2011 3:24am
Quoting PipTrapper
If Berlusconi is defeated in the no confidence vote, expect a relief rally. Perhaps 1.39?
yes I agree with you and FXMindset - if Berlo goes, we should see some nice upward movement :-)
patience is a virtue
  • #8,180
  • Nov 8, 2011 3:26am Nov 8, 2011 3:26am
Quoting lovepips
yes I agree with you and FXMindset - if Berlo goes, we should see some nice upward movement :-)
Yes - No Need hurry to short this pairs - Trade Wisely & Properly Not Blindly
If there was easy money lying around,no one would be forcing it into your
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