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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #24,981
  • Mar 21, 2012 10:58am Mar 21, 2012 10:58am
Quoting BrunargarFx
Well Done m8 - good call.
I got S/O on stop hunt / Bullshit news move but reloaded straight away (cf. post below)

We have a nice clean break of LTL, we're going down baby

What a day!
Thanks for the very nice comments in my profile Brun.
Cheers to you.
Those who say it cannot be done should not interrupt those who are doing it
  • #24,982
  • Mar 21, 2012 11:07am Mar 21, 2012 11:07am
Well deserved m8
You're one of the great ones.
Quoting PipTrapper
Thanks for the very nice comments in my profile Brun.
Cheers to you.
  • #24,983
  • Mar 21, 2012 11:23am Mar 21, 2012 11:23am
couldn't resist buying this sucker at 3185 with SL below 3170 and TP 3240.

Hopefully it goes to my TP, if it doesn't I'll gladly exit at BE.
  • #24,984
  • Mar 21, 2012 11:24am Mar 21, 2012 11:24am
Quoting BrunargarFx
Well deserved m8
You're one of the great ones.
He is my man Master of forex....
He is the best in FF and one of the best in this business (for me i dont know about others)......ALLAH always bless him and his family for his helping nature and for keeping the good work
As far of my trade today I got stopped out for 18pips , sell was at 1.3265 , sl was at 1.3283 may be the stop was not rightly directed but still I am happy because got 80points in crude and now waiting for the right opportunity....
Bulls Run. Bears Bite. We Profit.
  • #24,985
  • Mar 21, 2012 11:31am Mar 21, 2012 11:31am
Well done to you harpe. We're all getting (slowly) there


Quoting Harpe Eagle
He is my man Master of forex....
He is the best in FF and one of the best in this business (for me i dont know about others)......ALLAH always bless him and his family for his helping nature and for keeping the good work
As far of my trade today I got stopped out for 18pips , sell was at 1.3265 , sl was at 1.3283 may be the stop was not rightly directed but still I am happy because got 80points in crude and now waiting for the right opportunity....
  • #24,986
  • Mar 21, 2012 11:47am Mar 21, 2012 11:47am
3213 is holding so far
  • #24,987
  • Mar 21, 2012 11:49am Mar 21, 2012 11:49am
Although price consolidated above the daily high, near resistance, it was not able to penetrate to the upside. Now, this symmetry line, although in peril, managed to prove it’s worthiness once again, sending price to its average. Maintaining an upward slope in the next hours could favor a bullish bias for the remaining of the week, otherwise consolidation and downward movement should continue. Good luck and trade safe!

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charting the euro...
  • #24,988
  • Mar 21, 2012 12:08pm Mar 21, 2012 12:08pm
Quoting Harpe Eagle
He is my man Master of forex....
He is the best in FF and one of the best in this business (for me. i dont know about others)......ALLAH always bless him and his family for his helping nature and for keeping the good work
As far of my trade today I got stopped out for 18pips , sell was at 1.3265 , sl was at 1.3283 may be the stop was not rightly directed but still I am happy because got 80points in crude and now waiting for the right opportunity....
God (Allah) bless you and your family also Harpe... and congratulations
Those who say it cannot be done should not interrupt those who are doing it
  • #24,989
  • Mar 21, 2012 12:29pm Mar 21, 2012 12:29pm
Well it seems we might be done for today.
Let's see if we paint and carve out a lower top on H1 tonight during the Asian session.

Till then, here's some entertainment for you. Just pretend that Wiley Coyote is a Euro bull

Inserted Video


ADD: Notice tomorrow's data releases for the EZ. That will probably be the catalyst for the rest of the week and into next.
All times are CET (GMT+1)

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Those who say it cannot be done should not interrupt those who are doing it
  • #24,990
  • Mar 21, 2012 2:34pm Mar 21, 2012 2:34pm
Quoting BrunargarFx
Well done to you harpe. We're all getting (slowly) there
Quoting PipTrapper
God (Allah) bless you and your family also Harpe... and congratulations
Thanks...
Bulls Run. Bears Bite. We Profit.
  • #24,991
  • Edited 9:18pm Mar 21, 2012 8:37pm | Edited 9:18pm
will close my Buy at 1.3280 again ... may be another high @ 1.3320 .. put some SELL there for sure ...

Today is full of news and events PA is going to get mad!
  • #24,992
  • Mar 21, 2012 10:14pm Mar 21, 2012 10:14pm
http://www.nysun.com/editorials/bernanke-101/87752/
  • #24,993
  • Mar 21, 2012 10:19pm Mar 21, 2012 10:19pm

Twilight Zone

http://hosting.fyleio.com/17735/publ...rpoint-man.jpg



Ben’s Twilight Zone Power Point

The market closed lower for only the second time in the last ten trading sessions, yet it can hardly be considered a pullback. Instead, it was just another lethargic trading day with mostly sideways action and light volume. It’s been about as exciting as watching paint dry. The entire daily range wasn’t even 10 points.

Moving from the dull to the downright delusional, Ben Bernanke gave a speech today in front of students from George Washington University's School of Business as part of a four-part lecture series explaining the role of the “Federal Reserve in the financial crisis.”

You can see the full power point outline here of his massive presentation.

Read more: http://www.businessinsider.com/ben-bernankes-presentation-on-the-origins-and-mission-of-the-federal-reserve-2012-3##ixzz1pgeNYEhC

Of course Ben’s version of the Fed dogma is decidedly different, or shall we see, the diametrical opposite of the actual truth.

Let’s look at his two slides titled, “Policy Tools of Central Banks.”

· “Monetary Policy

-For macroeconomic stability: In normal times, central banks adjust the level of short-term interest rates to influence spending, production, employment and inflation. “

Somehow he forgot to add the sub-header, in not so normal times, the central banks print money to compensate for the global financial fiascos they helped cause.

· “Provision for liquidity

-For financial stability: Central banks provide liquidity (short-term loans) to financial institutions or markets to help calm financial panics, serving as the “lender of last resort”

Hmm, perhaps another oversight? Didn’t Ben mean to say that the Central Banks would provide liquidity to help calm the financial panics they had a large role in creating by perpetuating a cultural of regulatory laxity and irresponsible spending?

· “Financial regulation and supervision

-Many central banks, including the Federal Reserve, also supervise financial institutions. To the extent that supervision helps keep firms financially healthy, the risk of loss of confidence by the public and ensuing panic is reduced.”

Yes, he really does have the audacity to say that the fed serves as the protector of the public confidence AND that they act in a “supervisory” role in their relations with their banksters.

Really, these bullet points are taken verbatim from Ben’s presentation. The truth is in fact stranger than fiction.

Trade well and follow the trend, not the so-called “experts.”



Behold the age of infinite moral hazard! On April 2nd, 2009 CONgress forced FASB to suspend rule 157 in favor of deceitful accounting for the TBTF banksters.




[email protected]
Trading Advantage








Thanks Larry Levin - No Link From My Email !!!
  • #24,994
  • Mar 21, 2012 11:46pm Mar 21, 2012 11:46pm
I would expect strong resistance to show up here, possibly enough to turn back price now.
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Student of the Markets
  • #24,995
  • Mar 22, 2012 12:12am Mar 22, 2012 12:12am
For what its worth...

History of the Federal Reserve (Money Masters)

http://video.google.com/videoplay?do...84583209015812
  • #24,996
  • Mar 22, 2012 12:20am Mar 22, 2012 12:20am
Quoting dchristi
I would expect strong resistance to show up here, possibly enough to turn back price now.

1.3230 area is a pivot for PA ... price likely to come back / come up and stay there . Before any major move PA will hit a strong area say 1.3280 + break and stay above or come down with Supply to break 1.3180.
  • #24,997
  • Mar 22, 2012 12:22am Mar 22, 2012 12:22am
5 impulsive waves completed in Daily chart. MACD shows bearish divergence. So according to be, at least correction is due to happen if not a big fall.

Sorry for EJ chart. Posted it because it might influence EU movement too.
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  • #24,998
  • Mar 22, 2012 12:35am Mar 22, 2012 12:35am
Quoting rekon67
1.3230 area is a pivot for PA ... price likely to come back / come up and stay there . Before any major move PA will hit a strong area say 1.3280 + break and stay above or come down with Supply to break 1.3180.
Interesting...I'll watch for this.
Student of the Markets
  • #24,999
  • Mar 22, 2012 12:35am Mar 22, 2012 12:35am
Quoting FX Tsunami
5 impulsive waves completed in Daily chart. MACD shows bearish divergence. So according to be, at least correction is due to happen if not a big fall.

Sorry for EJ chart. Posted it because it might influence EU movement too.
That divergence does not mean in Daily E/U going to create a lower high rather it has more chances of creating a Higher High. Predicting movement on Divergence is only good if it crosses the Zero Level ..if it is flying on High / Low zones then more possibility of getting a same directional higher / lower on the next bar within the TF.
  • #25,000
  • Mar 22, 2012 12:39am Mar 22, 2012 12:39am
1.3237 was the high for 1/29, which held until after 2/6. That should make it a pretty important technical level.

Price just broke above that level...let's see if it can hold above it.
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Student of the Markets
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