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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #14,381
  • Dec 12, 2011 6:28am Dec 12, 2011 6:28am
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we are at a key area here, volatility has contracted which means it will surely pick up again, as you said aron we have alot of key levels

but even with all this, the market can always do two things

continue down as the monthly chart indicates or do a W and come up again to range.
AVT INVENIAM VIAM AVT FACIAM
  • #14,382
  • Dec 12, 2011 6:29am Dec 12, 2011 6:29am
Quoting the redlion
Yes he can.

he just started with this astrology thing, before that he was trading like a hybrid of me and goldman, and mla
LOL. Of course you think that... but what does he think?
Kill the ego, or it will kill the mission.
  • #14,383
  • Dec 12, 2011 6:31am Dec 12, 2011 6:31am
Quoting the redlion
Attachment

we are at a key area here, volatility has contracted which means it will surely pick up again, as you said aron we have alot of key levels

but even with all this, the market can always do two things

continue down as the monthly chart indicates or do a W and come up again to range.

It could also do an October... 1100 pips straight north.
Kill the ego, or it will kill the mission.
  • #14,384
  • Dec 12, 2011 6:33am Dec 12, 2011 6:33am
well...............i believe after he blew his account and started his journal

we taught him the basics, then he started to incorporate other ideas, and like all of us, are in the never ending quest for the holy grail, the definite edge, however since it all comes down to non random unpredictability of a binary decision system. we all come back to the same thing...............there is no secret.
AVT INVENIAM VIAM AVT FACIAM
  • #14,385
  • Dec 12, 2011 6:35am Dec 12, 2011 6:35am
let me add to that that as humans we seek safety, and in the markets there is none. so we use ideas or astrology, mathematics, observations, patterns, indicators, etc to give us a sense of certainty
AVT INVENIAM VIAM AVT FACIAM
  • #14,386
  • Dec 12, 2011 6:37am Dec 12, 2011 6:37am
Quoting the redlion
well...............i believe after he blew his account and started his journal

we taught him the basics, then he started to incorporate other ideas, and like all of us, are in the never ending quest for the holy grail, the definite edge, however since it all comes down to non random unpredictability of a binary decision system. we all come back to the same thing...............there is no secret.
Do you believe in the Random Walk theory that the Black Scholes model was based on?
  • #14,387
  • Dec 12, 2011 6:50am Dec 12, 2011 6:50am
Quoting AaronWard
Well I watch opens at certain times and I pay a lot of attention events that are tied to a specific time such as the NFP...so I definitely trade some sorts of cyclical behavior.

The thing I wonder about you and your astrology is this... can you come to the same quality of decisions without using astrology?
yes. definitely. but i wont have similar edge. if ure askign whethere cycles in hte market themselves help hell yeah i use the ones built in to price mostly !

time gives me a headsup of wtf might happen at that time and all u have to do is analyze the price. is this the price to go long or short at THE Given TIME?

thats all
Have I got something on my face, SOLDIER?
  • #14,388
  • Dec 12, 2011 6:51am Dec 12, 2011 6:51am
just a thought

http://s1.bild.me/bilder/030611/3139506asd.jpg
  • #14,389
  • Dec 12, 2011 6:52am Dec 12, 2011 6:52am
btw here are my results for the day 0.94% increase to equity. as u can see im no magic man i lose also.
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Have I got something on my face, SOLDIER?
  • #14,390
  • Dec 12, 2011 7:00am Dec 12, 2011 7:00am
Quoting bumapatria
btw here are my results for the day 0.94% increase to equity. as u can see im no magic man i lose also.
No way.

You told me you rescued your soldiers but that one died a glorious death on the field of battle.

I don't care which way the market is going as long as it's going my way
  • #14,391
  • Dec 12, 2011 7:03am Dec 12, 2011 7:03am
Quoting PipKiller
No way.

You told me you rescued your soldiers but that one died a glorious death on the field of battle.


nah man rescued well as per plan. i dont usually rescuce on same pair i look for other opps in others.


controlling loss managing risk is the game.
Have I got something on my face, SOLDIER?
  • #14,392
  • Dec 12, 2011 7:06am Dec 12, 2011 7:06am
Quoting bumapatria
nah man rescued well as per plan. i dont usually rescuce on same pair i look for other opps in others.


controlling loss managing risk is the game.
I don't care which way the market is going as long as it's going my way
  • #14,393
  • Dec 12, 2011 7:09am Dec 12, 2011 7:09am
1.3250 aye..break might be shoot 1.3220 then create 1.29...Maybe yes maybe no
If there was easy money lying around,no one would be forcing it into your
  • #14,394
  • Dec 12, 2011 7:12am Dec 12, 2011 7:12am
Quoting FXMindset
1.3250 aye..break might be shoot 1.3220 then create 1.29...Maybe yes maybe no
eeek what a picture

Cheers
aligater
born to speculate
  • #14,395
  • Dec 12, 2011 7:17am Dec 12, 2011 7:17am
Quoting FXMindset
1.3250 aye..break might be shoot 1.3220 then create 1.29...Maybe yes maybe no
With the vols we've had today I'd be surprised if it went down to 1.29 today.

We got down to the 325X range by 10am and since then it's just traded sideways.... can't really see it going all the way to 1.29 - if it does I'll definitely be going LONG :-)
patience is a virtue
  • #14,396
  • Dec 12, 2011 7:18am Dec 12, 2011 7:18am
Quoting aligater
eeek what a picture

Cheers
aligater
Darkness
If there was easy money lying around,no one would be forcing it into your
  • #14,397
  • Dec 12, 2011 7:21am Dec 12, 2011 7:21am
Quoting lovepips
With the vols we've had today I'd be surprised if it went down to 1.29 today.

We got down to the 325X range by 10am and since then it's just traded sideways.... can't really see it going all the way to 1.29 - if it does I'll definitely be going LONG :-)
Tested - Takes times and proccess lha mate - eye 1.3210
If there was easy money lying around,no one would be forcing it into your
  • #14,398
  • Dec 12, 2011 7:24am Dec 12, 2011 7:24am
Quoting the redlion
tell me what do you guys see in this chart?
i see
1- loss in selling pressure,
2- below (2) standard deviations
3- a probable accumulation for a potential bullish corrective wave

Attachment
Your chart caught my eye and your comments on other posts lead me to ask you a question. Before the day started there were supports at 1.3282 and 1.3259

There was another kind of target at 1.3250

I posted these numbers earlier this morning.

The question is this ? Are you familiar with Option Expiry each morning Monday to Friday at 10:00 AM EST ?

Is there anyone else here that uses this in their trading or can explain it ?

There is a definite logic in trading forex and making profits.

Here is some information from Economic Collapse that I just read.



D) The 2% payroll tax holiday will expire for all workers on 12/31/12 (I’m sure the current holiday will be rolled for another year)

E) The 99-week extended unemployment benefits die on 12/31. (The emergency benefits will also be extended for 2012)

F) There will have to be a budget that is approved. Alternatively, a series of continuing resolutions is required to avert a government shutdown. We have not had an approved budget in over 900 days.

H) The Federal Reserve has promised to keep interest rates at zero into 2013. While it is possible that the Fed could continue the madness for even longer, the reality is that interest rates have nowhere to go but up.

I) By January 2013 it will be painfully evident that the country’s key social programs, Social Security and Medicare will be running in the red at a pace that is far higher than anyone considered possible. The need for dramatic changes in these programs will have to come onto the table.

How does the above help you in your trading ?

It lets you understand that there are problems not only in Europe that cannot be kicked down the road. These problems will be in real focus in the USA during 2012 which is an election year.

How many traders on this thread know what happens at 2:15 PM on December 13, 2011 ?

That event is a MAJOR EVENT RISK and to trade today without knowing that is not wise.

The only reason that I pointed that out is when you trade currencies there are many many factors to be aware of. If your goal is to make money then you need all the tools possible to be a winner.

If your goal is to pass time and lose money which I am sure is not the goal of anyone then you guarantee that by not understanding how to trade properly.

In closing I go back to my question on Option Expiry at 10:00 AM EST
  • #14,399
  • Dec 12, 2011 7:26am Dec 12, 2011 7:26am
Quoting FXMindset
1.3250 aye..break might be shoot 1.3220 then create 1.29...Maybe yes maybe no

Right in line with the supply and demand levels I posted earlier.


If there was an options barrier at 1.3250 it's burnt now. Low today now 1.3240.
I don't care which way the market is going as long as it's going my way
  • #14,400
  • Dec 12, 2011 7:31am Dec 12, 2011 7:31am
So no chance of a retracement today?

Grr
::Swarvy Pip Stealing nomad:: :-:Trading THV:Version 4 MTF Template!:-:
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