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EurAnalysis Kindergarten 24 replies

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  • #11,821
  • Nov 24, 2011 8:08am Nov 24, 2011 8:08am
Quoting sisse
Yes but I am afraid neither the CDU or UMP will be in control much longer so I am not sure about that.

BTW, a few minutes ago, Merkel again very vocal against eurobonds and back to the lows for the early close with extra liquidity issues for the open tomorrow. TA a tick below the lows will open 1.326x and clean swept to open the yearly lows for December...

we'll see

sisse
She will be the savior before her elections. This will be for Merkel what the Falklands were for Thatcher. Mark my words...
Observation is the path to discovery.
  • #11,822
  • Nov 24, 2011 8:12am Nov 24, 2011 8:12am
Quoting Alorente
She wants the Treaty changes to be radical. Saying yes to Eurobonds right now would not get her anything. In the end, I believe that will be the tradeoff. Anyway... We now have the double bottom.
treaty modification also necessary to expel the weak link EMU members...
"If The Fool persists in his Folly he will become wise." - William Blake
  • #11,823
  • Nov 24, 2011 8:13am Nov 24, 2011 8:13am
Quoting Alorente
She will be the savior before her elections. This will be for Merkel what the Falklands were for Thatcher. Mark my words...
They have been marked. . Well a new war is new war and is always good for the politicians supporting the "national cause" but not sure in this case. Playing the anti Europe card may provide better bang for the vote for the opposition...we'll see

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #11,824
  • Nov 24, 2011 8:18am Nov 24, 2011 8:18am
Even if they allow to print will devaluated the eu by 25% the relief rally will be great to fade.
  • #11,825
  • Nov 24, 2011 8:21am Nov 24, 2011 8:21am
Quoting sisse
They have been marked. . Well a new war is new war and is always good for the politicians supporting the "national cause" but not sure in this case. Playing the anti Europe card may provide better bang for the vote for the opposition...we'll see

sisse
Other parties will try the anti Europe card, but we all know that card means Depression. You can be sure that will be ingrained in the German populace before the elections. The Germans are pretty good at it. In the end, the end of Europe and the Euro will mean the end of Merkel and the CDU. It just ainīt going to be allowed to happen... The cheapest solution? Eurobonds...
Observation is the path to discovery.
  • #11,826
  • Nov 24, 2011 8:21am Nov 24, 2011 8:21am
Quoting ingmarforex
Even if they allow to print will devaluated the eu by 25% the relief rally will be great to fade.
Agreed. No matter the outcome, Euro will still drop to its fair market value based on the underlying fundamentals. The only question here is how many convulsions will it go through before it settles.
Those who say it cannot be done should not interrupt those who are doing it
  • #11,827
  • Nov 24, 2011 8:25am Nov 24, 2011 8:25am
Quoting PipTrapper
... The only question here is how many convulsions will it go through before it settles.
I dare to add second question.

How many pips are you going to reap on the way down?
"I know one thing, that I know nothing." Sokrates
  • #11,828
  • Nov 24, 2011 8:25am Nov 24, 2011 8:25am
Quoting Alorente
Other parties will try the anti Europe card, but we all know that card means Depression. You can be sure that will be ingrained in the German populace before the elections. The Germans are pretty good at it. In the end, the end of Europe and the Euro will mean the end of Merkel and the CDU. It just ainīt going to be allowed to happen... The cheapest solution? Eurobonds...
You are more optimistic than me. I also do think that Europe has mature enough to make a rational solution and move on.

The problem is history, and history in Europe when we have crossed the line to crisis...oh better forget about that as the puny last 80 years in the last 1000 of not killing each other is not in our favor.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #11,829
  • Nov 24, 2011 8:25am Nov 24, 2011 8:25am
Quoting Alorente
We still need that double bottom you and I are expecting, before we take off.
PA is telling me that we will get a sell-off into the European close. Perhaps the rally will come tomorrow.
Those who say it cannot be done should not interrupt those who are doing it
  • #11,830
  • Nov 24, 2011 8:29am Nov 24, 2011 8:29am
Quoting PipTrapper
PA is telling me that we will get a sell-off into the European close. Perhaps the rally will come tomorrow.
I will be very surprised if we do and I would humbly kneel to your wisdom. I do anyway, but even more...
Observation is the path to discovery.
  • #11,831
  • Nov 24, 2011 8:29am Nov 24, 2011 8:29am
Quoting Tom_D_Trader
I dare to add second question.

How many pips are you going to reap on the way down?
I already have over 700 pips booked to my balance so far this month plus I still have another 860 pips floating right now on 2 positions. Every pip down from here means 2 more pips added to my floating profit. If I add more positions then it also increases from there. So I'm all good.
Those who say it cannot be done should not interrupt those who are doing it
  • #11,832
  • Nov 24, 2011 8:31am Nov 24, 2011 8:31am
Quoting PipTrapper
PA is telling me that we will get a sell-off into the European close. Perhaps the rally will come tomorrow.
yeah volume is telling me eu looks weak upbars on no volume no true institutions buying.

1.3250s maybe today. Then maybe looking to buy the close for some rally now in the equities markets it is capitulation going on no real panic if i see a nice jump in the vix i buy the equities for some rally there is no real panic yet.

Fisrt wanna see some real panic so the retail all goes in to the puts again then it is time to buy for some squeeze rally.
  • #11,833
  • Nov 24, 2011 8:33am Nov 24, 2011 8:33am
Quoting PipTrapper
... So I'm all good.
Many pips to you my friend.
"I know one thing, that I know nothing." Sokrates
  • #11,834
  • Nov 24, 2011 8:34am Nov 24, 2011 8:34am
Quoting PipTrapper
PA is telling me that we will get a sell-off into the European close. Perhaps the rally will come tomorrow.
Yap, right now it seems nothing can keep the sentiment up...Italian yields back in focus etc etc...3300 is being protected but seems to run out of steam so prepare for a possible sell off to take the stops below 3300
  • #11,835
  • Nov 24, 2011 8:36am Nov 24, 2011 8:36am
We may get sellof, we may not, I dont care. I take partial profit at ,332.

Good luck to the rest of you,

T
"I know one thing, that I know nothing." Sokrates
  • #11,836
  • Nov 24, 2011 8:36am Nov 24, 2011 8:36am
Quoting PipTrapper
I already have over 700 pips booked to my balance so far this month plus I still have another 860 pips floating right now on 2 positions. Every pip down from here means 2 more pips added to my floating profit. If I add more positions then it also increases from there. So I'm all good.
I'm probably over 10,000 for the month with another 2700 floating. But I am guessing that my 10,000 is a lot less money than 100 of your pips. Lots and lots of little positions add up to a lot of pips but not so much money. I close about 50 a day. But still, it has been a good month.
Kill the ego, or it will kill the mission.
  • #11,837
  • Nov 24, 2011 8:36am Nov 24, 2011 8:36am
Quoting Alorente
I will be very surprised if we do and I would humbly kneel to your wisdom. I do anyway, but even more...
If we break the bottom, next stop is 1.3260/70 area
Those who say it cannot be done should not interrupt those who are doing it
  • #11,838
  • Nov 24, 2011 8:39am Nov 24, 2011 8:39am
Quoting Tom_D_Trader
Many pips to you my friend.
Same to you buddy. I know you are very well pip-loaded
Those who say it cannot be done should not interrupt those who are doing it
  • #11,839
  • Nov 24, 2011 8:39am Nov 24, 2011 8:39am
Quoting PipTrapper
If we break the bottom, next stop is 1.3260/70 area
50s
  • #11,840
  • Nov 24, 2011 8:39am Nov 24, 2011 8:39am
Next 1.328x ...thin.....1.31xx
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