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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #17,861
  • Jan 5, 2012 10:47am Jan 5, 2012 10:47am
Quoting PipTrapper
Almost 1 month now. Currently +620 pips in profit around 30 pips/day average
Haha, so good.
  • #17,862
  • Jan 5, 2012 10:57am Jan 5, 2012 10:57am
Quoting PipTrapper
When prices are cheap, it's time to buy. Only question now is "How cheap is cheap?"

ADD: Reminds me of Dell Computer's online specials.

Week 1: On line special (Configuration A) on sale for $699 (Expires at end of week)
Week 2: On line special (Configuration A) on sale for $599 (Expires at end of week)
Week 3: On line special (Configuration B... more powerful than Configuration A) on sale for $499 (Expires at end of week)

and it goes on and on
Haha, I like that! that's a good way to look at it. nice analogy too, I take it to mean (and correct me if I'm seeing this wrong) whatever the demand may be, or however cheap is 'cheap' today has an expiration date
  • #17,863
  • Jan 5, 2012 10:58am Jan 5, 2012 10:58am
Quoting spzd
I'm impressed by those that can do this. I'm a short term trader, as my psychological makeup does not allow me to do as you do.
Quoting Tyoon
Haha, so good.
One would think that it is more difficult to consistently make 30 pips per day every day. The trend is your friend. Just get a trade that runs into profit, set SL at BE and let it ride. Then keep an eye on it and move your SL to secure more profit with each H4 swing. However, that SL is only for safety. You also need to know what is going on. As soon as you have a confirmed reversal, take profit... at least partial profit anyway and let the rest ride to SL.
Those who say it cannot be done should not interrupt those who are doing it
  • #17,864
  • Jan 5, 2012 10:59am Jan 5, 2012 10:59am
Quoting Dagoot
Haha, I like that! that's a good way to look at it. nice analogy too, I take it to mean (and correct me if I'm seeing this wrong) whatever the demand may be, or however cheap is 'cheap' today has an expiration date
correctomundo
Those who say it cannot be done should not interrupt those who are doing it
  • #17,865
  • Jan 5, 2012 11:04am Jan 5, 2012 11:04am
Quoting PipTrapper
One would think that it is more difficult to consistently make 30 pips per day every day. The trend is your friend. Just get a trade that runs into profit, set SL at BE and let it ride. Then keep an eye on it and move your SL to secure more profit with each H4 swing. However, that SL is only for safety. You also need to know what is going on. As soon as you have a confirmed reversal, take profit... at least partial profit anyway and let the rest ride to SL.
Don't want to know my pip count... but still, my dollar count is probably no where near where yours is. YET.
Kill the ego, or it will kill the mission.
  • #17,866
  • Jan 5, 2012 11:05am Jan 5, 2012 11:05am
Wow! This week is amazing in how its fallen. I got chicken and closed my short earlier in the week for a tiny gain, but I had got in at 1.3068. Sure kicking myself now, woulda been just about 300 pip gain. But it has gone down so much so fast so I think I'm on the same page as others that it needs some reprive and has to head back up hard before going lower. Nothing moves in a single straight line. Just trying to utilize technicals to time that long entry now. Might happen this afternoon ;-)
  • #17,867
  • Jan 5, 2012 11:06am Jan 5, 2012 11:06am
Quoting AaronWard
Don't want to know my pip count... but still, my dollar count is probably no where near where yours is. YET.
True that it is the dollars that really matter but first you have to get the pips rolling in before you increase the dollars. So glad to see you're not putting the cart before the horse
Those who say it cannot be done should not interrupt those who are doing it
  • #17,868
  • Jan 5, 2012 11:08am Jan 5, 2012 11:08am
Quoting PipTrapper
I am waiting for NFP, but I still have my short position open at 1.3410 since 9th December. Almost 1 month now. Currently +620 pips in profit around 30 pips/day average

Attachment
I'm 450+ pips on EU & AU shorts... Still holding EU short from 1.305
Attached Image (click to enlarge)
Click to Enlarge Name: chart.gif Size: 21 KB
I have multiple personalities... Bull today Bear tomorrow!
  • #17,869
  • Jan 5, 2012 11:13am Jan 5, 2012 11:13am
Quoting PipTrapper
True that it is the dollars that really matter but first you have to get the pips rolling in before you increase the dollars. So glad to see you're not putting the cart before the horse
Kill the ego, or it will kill the mission.
  • #17,870
  • Jan 5, 2012 11:21am Jan 5, 2012 11:21am
Quoting BullsVsBears
I'm 450+ pips on EU & AU shorts... Still holding EU short from 1.305
Good going BvB

By the way, Happy New Year and welcome back
Those who say it cannot be done should not interrupt those who are doing it
  • #17,871
  • Jan 5, 2012 11:25am Jan 5, 2012 11:25am
This pattern played out again. A leg down today from last night's level.

CONSOLIDATION TIME!

http://www.forexfactory.com/attachme...2&d=1325720165
  • #17,872
  • Jan 5, 2012 11:27am Jan 5, 2012 11:27am
Quoting BullsVsBears
I'm 450+ pips on EU & AU shorts... Still holding EU short from 1.305
+330 pips for me! hanging in there for now.
Any prices quoted are futures
  • #17,873
  • Jan 5, 2012 11:34am Jan 5, 2012 11:34am
Quoting PipTrapper
Good going BvB

By the way, Happy New Year and welcome back
Happy New Year to you sir! I took the holidays off and now I'm back on the job
I have multiple personalities... Bull today Bear tomorrow!
  • #17,874
  • Jan 5, 2012 11:40am Jan 5, 2012 11:40am
Quoting redteamgo
+330 pips for me! hanging in there for now.
Nice! Check out the AU/US and EU/JY... I'm 400+ in EU/JY short.. Very nice setup for profit.. Any short on the EU is a go
Attached Image (click to enlarge)
Click to Enlarge Name: chart.gif Size: 21 KB
I have multiple personalities... Bull today Bear tomorrow!
  • #17,875
  • Jan 5, 2012 12:03pm Jan 5, 2012 12:03pm
Nice move
If there was easy money lying around,no one would be forcing it into your
  • #17,876
  • Jan 5, 2012 12:19pm Jan 5, 2012 12:19pm
Alternative uses for euro coins and notes – a survival guide

As the economy crumbles and the euro faces imminent collapse, here is a list of things that worthless euro coins and notes can be used for, focusing mainly on survival needs:

1. Melt them down and fashion them into guns and bullets, to use during the inevitable fight for limited resources. Those of a more medieval persuasion may wish to opt for swords and axes instead. If you really want to push the boat out, forge a giant cannon and aim it at Greece.

2. Use them to make pretty necklaces to impress the opposite sex when selling your body becomes the only source of income.

3. Use the notes to make a large bonfire, which can then be used to bring everyone together. Make people feel at ease, tell them everything will be alright eventually, and then shoot them with the bullets you made. Life is cruel.

4. Use the coins to make works of modern art, because the material used to make them is as pointless as the works of art themselves, thus ironically giving them some form of meaning.

5. Play Life or Death Heads or Tails. The loser gets to be eaten when the food runs out.

6. Build a bridge to the Greek Islands. As the population decreases and the pool of potential mates slowly dries up, sheep will start to look more and more attractive.

7. Teach children to count, so they may one day become bankers and currency speculators. When that happens, refer once more to point 1.
Those who say it cannot be done should not interrupt those who are doing it
  • #17,877
  • Jan 5, 2012 12:43pm Jan 5, 2012 12:43pm
^ I can't help it that with stuff like that I always like to notice how actual assets (food, materials, resources, etc..) are all just as they were before this whole "crisis" even began, as I read somewhere before its a "balance sheet" crisis. Nothing's go anywhere any faster or slower.
  • #17,878
  • Jan 5, 2012 12:45pm Jan 5, 2012 12:45pm
We are the Trader

Not

Gambler
If there was easy money lying around,no one would be forcing it into your
  • #17,879
  • Edited 2:58pm Jan 5, 2012 1:09pm | Edited 2:58pm
Quoting FXMindset
We are the Trader

Not

Gambler
Here .... trade placed today before UK open ...


Edit: RodMCA 5 Min MA crossed up .. waiting to have support @ 1.2792
Attached Image (click to enlarge)
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  • #17,880
  • Jan 5, 2012 3:06pm Jan 5, 2012 3:06pm
Quoting rekon67
if u go back to my recent posts there i am trying a system based on SMA / u can use EMA but SMA is better , there for decision taking i use Sma cross over or cross down 5,10,55 ....
thx, i actualy dont look for new ways to trade, rather improve what i have. I have looked at it, but not enough info for me. I understand Rod( ? ) is the originator of this sma sistem, do you have it more explained somewhere? Because i dont get it.
As far as ema and sma i think i have those from these guy forum. I tooke a litle bit from this guy too he is a Momentum trades, although i prefer to be in a trade before momentum even starts.

What is wrong with all these threads? No fundamentals are involved.
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