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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #14,781
  • Dec 13, 2011 2:27pm Dec 13, 2011 2:27pm
and the euro keeps dropping +400pips so far. This is great. Unattended trades seem to work quite well for me lately

At this rate we should hit the 123.6% fib line (1.2884) by tomorrow.

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Those who say it cannot be done should not interrupt those who are doing it
  • #14,782
  • Dec 13, 2011 2:33pm Dec 13, 2011 2:33pm
Quoting PipTrapper
and the euro keeps dropping +400pips so far. This is great. Unattended trades seem to work quite well for me lately

At this rate we should hit the 123.6% fib line (1.2884) by tomorrow.

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Low stress, only way to trade I'm about 25 pips behind you at +375 so far



This isn't helping risk sentiment.
S&P: Everything that has a rating in Europe is on review…
I don't care which way the market is going as long as it's going my way
  • #14,783
  • Dec 13, 2011 2:39pm Dec 13, 2011 2:39pm
Quoting PipTrapper
and the euro keeps dropping +400pips so far. This is great. Unattended trades seem to work quite well for me lately

At this rate we should hit the 123.6% fib line (1.2884) by tomorrow.

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The yearly low was 1.2874 on Jan 9th which is very close to 1.2884, i believe it is a good idea to close some shorts around that level and wait to another opportunity to short.
  • #14,784
  • Dec 13, 2011 2:43pm Dec 13, 2011 2:43pm
US stocks negative after rallying this morning, VIX fear index is rising now at 27.60 and US$ is over 80 ready to break through daily supply at 80.40

1.3030 50% fib extention is broken, Phycological 1.3000 and any options barriers there are in danger as risk sentiment deteriorates rapidly.

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I don't care which way the market is going as long as it's going my way
  • #14,785
  • Dec 13, 2011 2:44pm Dec 13, 2011 2:44pm
makes more money before sleep
the pairs which fall for years might be awaken soon - which awaken should be fall soon (Hint) - All Da Hope!
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If there was easy money lying around,no one would be forcing it into your
  • #14,786
  • Dec 13, 2011 2:46pm Dec 13, 2011 2:46pm
Quoting PipTrapper
and the euro keeps dropping +400pips so far. This is great. Unattended trades seem to work quite well for me lately

At this rate we should hit the 123.6% fib line (1.2884) by tomorrow.

Attachment
the sniper knew his objective on his mmission , he waited restless days and nights, thirsty afternoons , quenching his thirst for his prey, alas, today his mission is successful.
Have I got something on my face, SOLDIER?
  • #14,787
  • Dec 13, 2011 2:53pm Dec 13, 2011 2:53pm
Took a chance and took a long at 1.3026 a little earlier. Let's see what happens, should hopefully be good for at least 30 pips into tonight or early morning? at least? Oversold conditions again.

Quoting bumapatria
3.5% made closed the lock buy for +10



still holding short. we might be in for bigdrop south


ADD: nvm closed all
  • #14,788
  • Dec 13, 2011 3:04pm Dec 13, 2011 3:04pm
screw this, not liking how it moving, closed for a 1 pip gain.

Quoting nyfx718
Took a chance and took a long at 1.3026 a little earlier. Let's see what happens, should hopefully be good for at least 30 pips into tonight or early morning? at least? Oversold conditions again.
  • #14,789
  • Dec 13, 2011 3:04pm Dec 13, 2011 3:04pm
Quoting bumapatria
the sniper knew his objective on his mmission , he waited restless days and nights, thirsty afternoons , quenching his thirst for his prey, alas, today his mission is successful.
He's found the objective but he has not squeezed the trigger for the kill shot and can't exfiltrate to the LZ for extraction yet. I wonder who his spotter is.

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I don't care which way the market is going as long as it's going my way
  • #14,790
  • Dec 13, 2011 3:31pm Dec 13, 2011 3:31pm
so far i am 170+ pips, seems like we are heading down, the likely bounce is now less likely but anything is possible, bearish we are
AVT INVENIAM VIAM AVT FACIAM
  • #14,791
  • Dec 13, 2011 3:33pm Dec 13, 2011 3:33pm
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AVT INVENIAM VIAM AVT FACIAM
  • #14,792
  • Dec 13, 2011 3:37pm Dec 13, 2011 3:37pm
Quoting the redlion
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red, did u lose ur red paint?

Have I got something on my face, SOLDIER?
  • #14,793
  • Dec 13, 2011 3:37pm Dec 13, 2011 3:37pm
Quoting PipKiller
He's found the objective but he has not squeezed the trigger for the kill shot and can't exfiltrate to the LZ for extraction yet. I wonder who his spotter is.

Attachment
im his spotter of course.... my binoculars are deadly... i even set his sniper to aim well. hes still newbie.. learning from ME the PRO


Have I got something on my face, SOLDIER?
  • #14,794
  • Dec 13, 2011 3:48pm Dec 13, 2011 3:48pm
Quoting PipKiller
Buma, PT is the real sniper. Stalking and patiently waiting for that 1000 pip kill shot. A shot where he has to calculate wind speed and direction caused by politicians mindless babble, humidity in his office, gravity of the situation, political spin drift, bullet drop, powder load of position size, barrel temperature and the Coriolis effect caused by the rotation of the earth as sheeple run around in mindless circles into account to dope his scope for a one shot, one kill takedown where few dare to venture.
Nice one. Once you stop trading, you could write a book.

T
"I know one thing, that I know nothing." Sokrates
  • #14,795
  • Dec 13, 2011 3:49pm Dec 13, 2011 3:49pm
Never Trade Against the Trend.

Betting on corrections that may or may not happen at any given time during an obvious TREND is betting against the odds.

Rather, I will be trying to decide when it will be best to add MORE lots to my short position.

This is not based so much on technical projections ... as it is fundamental ones. I suspected the market was biding its time, as all of the negative news from the past week or two had not really been priced in at all (the market had failed to move much after all the disappointments from last week)

Mark my words, this is only the beginning of a serious downtrend rivaling what we saw in 2010. And it's about time!
  • #14,796
  • Dec 13, 2011 3:50pm Dec 13, 2011 3:50pm
Quoting kibescorp
Never Trade Against the Trend.

Betting on corrections that may or may not happen at any given time during an obvious TREND is betting against the odds.
true

you wait for the corrections to enter, you do not trade them.

safety first.
AVT INVENIAM VIAM AVT FACIAM
  • #14,797
  • Dec 13, 2011 3:50pm Dec 13, 2011 3:50pm
Did I miss something because Mr. Ben didn't devalue the USD as much as I thought he would, A/U and E/U actually drops off the charts too.

EDIT: I couldn't trade the US session at all yesterday, I was afraid Mr. Ben would come out with some new policy and drops the USD like a hot potato so I closed all shorts prior to his statement, it seems I always exit too early. At least still with green pips, can't complain.
  • #14,798
  • Dec 13, 2011 3:50pm Dec 13, 2011 3:50pm
Quoting lovepips
... (I wonder is Murdoch involved in FX???).
...
Murdoch is constantly short on EUR. I like to have him by my side. As well as SaP, Fitch, and Moodys.

T
"I know one thing, that I know nothing." Sokrates
  • #14,799
  • Dec 13, 2011 3:52pm Dec 13, 2011 3:52pm
Quoting jeff_b
Did I miss something because Mr. Ben didn't devalue the USD as much as I thought he would, A/U and E/U actually drops off the charts too.
dont be mistaken that the risk is over.

if this turns into a bigger crisis and banks get hit, The FED will purchase assets to insulate US banks from losses, so in effect toxic EUROPEAN derivatives will be purchased, he already opened the swap lines, he is WORKING BEHIND THE SCENES.
AVT INVENIAM VIAM AVT FACIAM
  • #14,800
  • Dec 13, 2011 3:56pm Dec 13, 2011 3:56pm
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AVT INVENIAM VIAM AVT FACIAM
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