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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #25,221
  • Mar 23, 2012 9:52am Mar 23, 2012 9:52am
Quoting rekon67
There are couple of 'W' s created in M5 !
What? Where? When? Why?
Those who say it cannot be done should not interrupt those who are doing it
  • #25,222
  • Mar 23, 2012 9:55am Mar 23, 2012 9:55am
  •  AFXFin
  • | Joined Oct 2011 | Status: Price don't have a mind of it's own | 915 Posts
Quoting PipTrapper
Rumors flying about that North Korea has launched a missile. Hopefully it lands on 1.3220
Hope they aim well...

Inserted Video
  • #25,223
  • Mar 23, 2012 10:00am Mar 23, 2012 10:00am
Quoting FXMindset
Where is my little cute horny India Ms.Rekon
Buy stop executed @ 1.3248 closing it .. may bubble far more.
  • #25,224
  • Mar 23, 2012 10:03am Mar 23, 2012 10:03am
Quoting AFXFin
Hope they aim well...

http://www.youtube.com/watch?v=c33zfHXCi3I
Those who say it cannot be done should not interrupt those who are doing it
  • #25,225
  • Mar 23, 2012 10:04am Mar 23, 2012 10:04am
Quoting PipTrapper
What? Where? When? Why?
Here is one for you! Made some dinner money outta it!
Attached Image (click to enlarge)
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  • #25,226
  • Mar 23, 2012 10:23am Mar 23, 2012 10:23am
Quoting rekon67
Here is one for you! Made some dinner money outta it!
lol Yes I know. I was just spelling words that started with "W"
Those who say it cannot be done should not interrupt those who are doing it
  • #25,227
  • Mar 23, 2012 10:34am Mar 23, 2012 10:34am
Quoting PipTrapper
lol Yes I know. I was just spelling words that started with "W"
Time yet for making the 'W' to 'M'?

http://www.clipartheaven.com/clipart...ith_hammer.gif
  • #25,228
  • Mar 23, 2012 10:36am Mar 23, 2012 10:36am
From beginning of month to middle (March 15th) was a steady down trend. Since that time it has been steady up trend almost back to month open. Therefore monthly candle is near doji with a much longer bottom wick (as compared to top).
  • #25,229
  • Mar 23, 2012 10:40am Mar 23, 2012 10:40am
Quoting 2+2=4ex
From beginning of month to middle (March 15th) was a steady down trend. Since that time it has been steady up trend almost back to month open. Therefore monthly candle is near doji with a much longer bottom wick (as compared to top).
Interesting .. is n't that thing is forming a nasty Hammer on MN!?
Attached Image
  • #25,230
  • Mar 23, 2012 10:41am Mar 23, 2012 10:41am
Hey PT, can you explain a bit of why you added another short? today seems very bullish for the euro and some major resistance levels have been broken. (like the head and shoulder pattern on the hourly chart). I feel the bears are weaker today compared to yesterday...

Quoting PipTrapper
Added short at 1.3240 SL 1.3320 (Above the barrier) TP Open

Now short at 1.3400, 1.3240 and 1.3187 (avg 1.3276). However, 1.34 is double the lots of the other two so true avg is 1.3330
  • #25,231
  • Mar 23, 2012 11:01am Mar 23, 2012 11:01am
wedge
If there was easy money lying around,no one would be forcing it into your
  • #25,232
  • Mar 23, 2012 11:02am Mar 23, 2012 11:02am
Quoting tianle
Hey PT, can you explain a bit of why you added another short? today seems very bullish for the euro and some major resistance levels have been broken. (like the head and shoulder pattern on the hourly chart). I feel the bears are weaker today compared to yesterday...
You are absolutely correct Tianle.. but I have confidence that the defenders of the 1.33 no-touch barrier are well armed and determined to defend the line. So even though today is bullish, once the market figures out they are not getting past the barrier, they will take price down to 1.31 to test that barrier.

You can call it a gamble if you wish but in my books I am choosing the bulldog over the poodle to defend my interests.

Besides, which economy do you have more confidence in right now? The US or the EZ?

From a technical perspective, the E/U trend is still down and price is still contained within a good solid long running falling channel.

My SL as noted is just above the barrier at 3320. My average price (break even) is at 3330. So my risk/reward ratio is 0:infinity.
Those who say it cannot be done should not interrupt those who are doing it
  • #25,233
  • Mar 23, 2012 11:03am Mar 23, 2012 11:03am
how much time left to the end of the trading day?
Iam just A pips on the rode :nerd:
  • #25,234
  • Mar 23, 2012 11:03am Mar 23, 2012 11:03am
Quoting FXMindset
wedge
good call FXM. You are sharp eyed
Those who say it cannot be done should not interrupt those who are doing it
  • #25,235
  • Mar 23, 2012 11:03am Mar 23, 2012 11:03am
Quoting -er-
how much time left to the end of the trading day?
4 hours

For some brokers, 5 hours
Those who say it cannot be done should not interrupt those who are doing it
  • #25,236
  • Mar 23, 2012 11:07am Mar 23, 2012 11:07am
  •  AFXFin
  • | Joined Oct 2011 | Status: Price don't have a mind of it's own | 915 Posts
Quoting PipTrapper
4 hours

For some brokers, 5 hours
I have 6 hours...
  • #25,237
  • Mar 23, 2012 11:07am Mar 23, 2012 11:07am
Quoting PipTrapper
good call FXM. You are sharp eyed
what is your top level on wedge mate? 1.3310 ?
If there was easy money lying around,no one would be forcing it into your
  • #25,238
  • Mar 23, 2012 11:11am Mar 23, 2012 11:11am
Quoting PipTrapper
You are absolutely correct Tianle.. but I have confidence that the defenders of the 1.33 no-touch barrier are well armed and determined to defend the line. So even though today is bullish, once the market figures out they are not getting past the barrier, they will take price down to 1.31 to test that barrier.

You can call it a gamble if you wish but in my books I am choosing the bulldog over the poodle to defend my interests.

Besides, which economy do you have more confidence in right now? The US or the EZ?

From a technical perspective, the...
infinity? hehe
  • #25,239
  • Mar 23, 2012 11:12am Mar 23, 2012 11:12am
do u think its a broud casting?
Attached Image (click to enlarge)
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Iam just A pips on the rode :nerd:
  • #25,240
  • Mar 23, 2012 11:13am Mar 23, 2012 11:13am
Quoting 2+2=4ex
infinity? hehe
PT like ride the profits until dry mate
If there was easy money lying around,no one would be forcing it into your
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