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EurAnalysis Kindergarten 24 replies

EurAnalysis

Quoting FXMindset
Here - More Clear - All I Need is Daily Closed Below 1.3790 - We are Still Hide Below Fibo 1.3827 - But lets take a look Daily Trendlines - If Break it trendlines on monday - I'm only can said "FUCK YOU EURO!"

I Love you Mr.Market - But Dont makes thing getting worse - This is ridiciolous - But as Long you hide below 1.3790 - I'm still respect you - If break it on monday - I'm speechless - I mean - dont play anymore

Sorry bout my dirty words - Just Have some drink at Outside
me too, i can see daily chart starts to bearish and it is just at the trend line of the drop from 4240. i have a short at 1.3770 with s/l at 1.3880, i am looking for a mid-term trade to 1.3370
by the way, i send you a message, can you check it?
Quoting PipTrapper
excellent. Now go enjoy your weekend. What time is it there? Around Noon?
3:00 PM what is it there 10? or so?
Quoting Blobik
I prefer to call it DIE EURO DIE, but your version means more the less the same

ADD: we are a bit lower again, time to decide: bullish pennant, or multitop bearish reversal...

ADD2: sometimes I get the feeling, that some formations were named to serve as other failed patterns... like, bullish flag is a failed H&S, for example.
For more Confirmation - I am hope This white trendlines break into inside - 4H - See that - Rejected and Rejecting again
Attached Image (click to enlarge)
Click to Enlarge Name: EU 4H.png Size: 36 KB
If there was easy money lying around,no one would be forcing it into your
Quoting Pbh
3:00 PM what is it there 10? or so?
3:00pm is New York time. I didn't realize Peru was the same time zone as New York. Cool.

Malta is 9:12pm right now
Those who say it cannot be done should not interrupt those who are doing it
Thanks for pointing that out, another good confirmation if it does break below.

Quoting FXMindset
For more Confirmation - I am hope This white trendlines break into inside - 4H - See that - Rejected and Rejecting again
It's easy to be humbled but hard to be humble.
Quoting PipTrapper
3:00pm is New York time. I didn't realize Peru was the same time zone as New York. Cool.

Malta is 9:12pm right now
go get some chicks so you can have another PT junior as a child
Quoting Pbh
3:00 PM what is it there 10? or so?
Malta is in the same TZ as Poland, so I assume it is right after 9 PM. Or rather 21, as we use 24h times, no AM/PM .

ADD: oh, too late.
Quoting fxrising
Thanks for pointing that out, another good confirmation if it does break below.
SP500 is now at 1262. If it closes below 1265, it will be down on Monday. 1265 is strong resistance.
If SP500 goes down on Monday, it will drag Euro with it twice as hard.
Attached Image (click to enlarge)
Click to Enlarge Name: sp500-h1.gif Size: 33 KB
Those who say it cannot be done should not interrupt those who are doing it
Quoting Pbh
go get some chicks so you can have another PT junior as a child
Nope. There's only one PT and they broke the mold after they made me.
Those who say it cannot be done should not interrupt those who are doing it
I need to start looking at the SP500 a little closer from now on, you are 100% right, that is a strong resistance, thanks!

Quoting PipTrapper
SP500 is now at 1262. If it closes below 1265, it will be down on Monday. 1265 is strong resistance.
If SP500 goes down on Monday, it will drag Euro with it twice as hard.
It's easy to be humbled but hard to be humble.
Quoting PipTrapper
SP500 is now at 1262. If it closes below 1265, it will be down on Monday. 1265 is strong resistance.
If SP500 goes down on Monday, it will drag Euro with it twice as hard.
Is Euro also positively correlated with Dow ?
Quoting fxrising
Thanks for pointing that out, another good confirmation if it does break below.
Break previously its not H&S based on my daily chart - overall if we are going Fibo 1.3827 above again - am really speechless - dunno know what (Who) they are playing for - Look 4H - beautiful bullish - and still cant break it - I can sleep my weekend very well if we break 1.3735 a bit only - While Daily We need close below 1.3790
Attached Images (click to enlarge)
Click to Enlarge Name: EU Daily.png Size: 37 KB Click to Enlarge Name: EU 4H.png Size: 36 KB
If there was easy money lying around,no one would be forcing it into your
Quoting fxrising
I need to start looking at the SP500 a little closer from now on, you are 100% right, that is a strong resistance, thanks!
It will be even stronger, when(if) it holds .
As I look on the chart right now, we managed to break 61.8 fib violently (didn't expect that... ouch) and pierced 76.4 Fib, but didn't manage to close above on my H4, and on H1 we just returned below after closing slightly above. Too bad we have just 30 min of this week left... and that I didn't consider 76.4 as the ultimate point Well, even if I closed underwater shorts today, It would still be a positive day. And I think if the daily closes low enough, there is no need to panic. Dislike holding too much over weekend, but, come on, someone on Monday must find USDX level as a bargain.
Quoting Yuchen
Is Euro also positively correlated with Dow ?
Yes it works with Dow as well but Dow only has 30 stocks in it so it can diverge more easily. That is why I prefer to track the SP500 (500 stocks)
Those who say it cannot be done should not interrupt those who are doing it
From your chart I noticed something, continuations on bullish candles there seemed to be a long legged doji before another bullish candle. It seemed to happen 3 times and each time the price went up, just very interesting.

Quoting FXMindset
Break previously its not H&S based on my daily chart - overall if we are going Fibo 1.3827 above again - am really speechless - dunno know what (Who) they are playing for - Look 4H - beautiful bullish - and still cant break it - I can sleep my weekend very well if we break 1.3735 a bit only - While Daily We need close below 1.3790
It's easy to be humbled but hard to be humble.
Quoting fxrising
From your chart I noticed something, continuations on bullish candles there seemed to be a long legged doji before another bullish candle. It seemed to happen 3 times and each time the price went up, just very interesting.
The 4H Looks very bullish - thats why all I need is break below 1.3735 - Pay attention of it - Reject beautifully again and again - Quite Scary - But Overall we need pay attention on Daily Trend and we must not fight the Daily Trend - See how the Daily progress on Monday
If there was easy money lying around,no one would be forcing it into your
I going to jump in with both of my "newby" feet here. I've been following now for awhile and first want to thank PT for the great thread and everyone elses contributions. I've learned more here than anywhere else in the 2 years I've been trading. I've got a long way to go but at least I see +pips every now and then.

Here goes: What I see now is a retest of 1.3800 and then retrace to 1.3700 (38.2%). Whether it retraces or not I still think there is enough hopium for continuation to supply area at 1.3822 - 1.3842. I won't be surprise to see 1.3860 tested again and if so 1.3900 - 1.3920. That is where I will short.

It seems the bearish news pressure has let off somewhat since Monday and Tuesday which justifies, to me, my bullish trend continuation expectation.

Blah, blah, blah. Of course I could be all wet. Comments please.
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File Type: txt 1H_E$.txt   < 1 KB | 84 downloads
Okay, I am scaling out a bit before the weekend. This sharp reversal is a bit scary. Closed the short that was +2pips only. One underwater remains to get lifted to glory on Monday... or doomed to hell. Hey, I would meet Tom in person . But I still think, an attempt to the downside should at least be made. 40 pips might be doable, maybe even more if some nasty news from EZ pop out. Good weekend everyone.

EDIT: 41 pips actually. She decided to make it a little higher.
This is a shit. GBPUSD continues to go up. I hate myself that I made this order today..
Quoting w1nner
This is a shit. GBPUSD continues to go up. I hate myself that I made this order today..
Your stop loss for GBP/USD should be above 1.6130
What was your entry?

ADD: Also SP500 closed below the key resistance of 1265, so it will be making a correction downwards on Monday. That will strengthen USD and therefore pull down the EUR and GBP
Those who say it cannot be done should not interrupt those who are doing it
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