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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #27,161
  • Apr 19, 2012 1:31am Apr 19, 2012 1:31am
Quoting AFXFin
BST = Britannia(?) Standard Time
It is British Summer Time... meaning GMT+1
  • #27,162
  • Apr 19, 2012 1:35am Apr 19, 2012 1:35am
Quoting AFXFin

GMT = Greenwich Mean Time
BST = Britannia(?) Standard Time
PTT = PT's Time zone (I assume GMT +3 )

I had a mixed information about times. DataSources don't seem to be aware of what timezone they represent and my auction time research has been pain in the ass. Now I have a three times - hope one of them hits.
PTT is GMT+2
Those who say it cannot be done should not interrupt those who are doing it
  • #27,163
  • Apr 19, 2012 1:36am Apr 19, 2012 1:36am
  •  AFXFin
  • | Joined Oct 2011 | Status: Price don't have a mind of it's own | 915 Posts
Quoting Chika Kure
It is British Summer Time... meaning GMT+1
To me it is more like Bull Shit Time since I'm all against this Summertime.

It brings more harm than benefit in today. We are living in a world of electric light so light saving is not a reason fix time twice a year and cause misunderstandings and waste of time around the world.
  • #27,164
  • Apr 19, 2012 1:37am Apr 19, 2012 1:37am
  •  AFXFin
  • | Joined Oct 2011 | Status: Price don't have a mind of it's own | 915 Posts
Quoting PipTrapper
PTT is GMT+2
Fixed now

ADD: Actually it would be good idea to start using PTT as a official timezone of this forum?
  • #27,165
  • Apr 19, 2012 1:39am Apr 19, 2012 1:39am
Quoting Chika Kure
It is British Summer Time... meaning GMT+1
Sooo ..cute
  • #27,166
  • Apr 19, 2012 1:46am Apr 19, 2012 1:46am
Quoting AFXFin
Fixed now

ADD: Actually it would be good idea to start using PTT as a official timezone of this forum?
Yeah atleast that way we can track the UV consumption time for PT and trade the time accordingly
  • #27,167
  • Apr 19, 2012 1:54am Apr 19, 2012 1:54am
  •  AFXFin
  • | Joined Oct 2011 | Status: Price don't have a mind of it's own | 915 Posts
Quoting rekon67
Yeah atleast that way we can track the UV consumption time for PT and trade the time accordingly
Yeah - excellent idea!

Have you noticed that every time PT goes to sleep, market loses it's volatility... We can start tracking that too!
  • #27,168
  • Apr 19, 2012 2:04am Apr 19, 2012 2:04am
  •  AFXFin
  • | Joined Oct 2011 | Status: Price don't have a mind of it's own | 915 Posts
Today everybody is waiting for Spanish auction which should move EURUSD a little.

Now before auction price will rise till auction time, since people are taking their positions - that is if traders believe that price will fall. Otherwise vice versa.

Watch the price before auction.
  • #27,169
  • Apr 19, 2012 2:07am Apr 19, 2012 2:07am
Quoting rekon67
Wrong call! Wrongly read H8 candle closing time it is now going to close in next 8 mins!

Position is still open though.
Position still open ...
  • #27,170
  • Apr 19, 2012 2:32am Apr 19, 2012 2:32am
Re: AFX's post...I had a mixed information about times. DataSources don't seem to be aware of what timezone they represent and my auction time research has been pain in the ass. Now I have a three times - hope one of them hits.


From Reuters:
Spain will auction two- and 10-year bonds later on Thursday (around 0840 GMT), after drawing stronger-than-expected demand for shorter-dated debts on Tuesday. Its 10-year government bond yield shot above 6 percent earlier this week, raising fears that the country would not be able to manage its public financing and would have to turn to an international bailout.


This is the "normal" time ~ 10:40 in Madrid = ~ 04:30 EST
Trading Levels with WRBs
  • #27,171
  • Apr 19, 2012 2:40am Apr 19, 2012 2:40am
Quoting Islander
Re: AFX's post...I had a mixed information about times. DataSources don't seem to be aware of what timezone they represent and my auction time research has been pain in the ass. Now I have a three times - hope one of them hits.


From Reuters:
[i]Spain will auction two- and 10-year bonds later on Thursday (around 0840 GMT), after drawing stronger-than-expected demand for shorter-dated debts on Tuesday. Its 10-year government bond yield shot above 6 percent earlier this week, raising fears that the country would not be able...
What's your feeling on this Islander? Do you think that Spain will manage to get a good cover on it's 10 year offering?
Those who say it cannot be done should not interrupt those who are doing it
  • #27,172
  • Apr 19, 2012 2:42am Apr 19, 2012 2:42am
  •  AFXFin
  • | Joined Oct 2011 | Status: Price don't have a mind of it's own | 915 Posts
Quoting Islander
Re: AFX's post...I had a mixed information about times. DataSources don't seem to be aware of what timezone they represent and my auction time research has been pain in the ass. Now I have a three times - hope one of them hits.


From Reuters:
[i]Spain will auction two- and 10-year bonds later on Thursday (around 0840 GMT), after drawing stronger-than-expected demand for shorter-dated debts on Tuesday. Its 10-year government bond yield shot above 6 percent earlier this week, raising fears that the country would not be able...
Thanks, but spain obligation auction starts at 8:30 GMT and we get results at 8:40 GMT. Problem is that I check these times from several sources which has lately giving mixed information because different countries go to summertime in different time. This is confirmed from Spanish Central Bank.
  • #27,173
  • Apr 19, 2012 2:47am Apr 19, 2012 2:47am
A historical view of Spanish 10 Year bond auction results.

Attached Image (click to enlarge)
Click to Enlarge Name: events.jpg Size: 125 KB
Those who say it cannot be done should not interrupt those who are doing it
  • #27,174
  • Apr 19, 2012 2:57am Apr 19, 2012 2:57am
At end of this hour, am sell euro 1.3138
  • #27,175
  • Apr 19, 2012 3:12am Apr 19, 2012 3:12am
Short with a small position at 1.3140 after bounce of yellow falling channel resistance. I expected a spike higher (around 1.3150) but I'll settle for 3140 for now. If it does shoot higher, all the better for me to short again.

Attached Image (click to enlarge)
Click to Enlarge Name: eu-m5.gif Size: 41 KB
Those who say it cannot be done should not interrupt those who are doing it
  • #27,176
  • Apr 19, 2012 3:17am Apr 19, 2012 3:17am
Quoting PipTrapper
Short with a small position at 1.3140 after bounce of yellow falling channel resistance. I expected a spike higher (around 1.3150) but I'll settle for 3140 for now. If it does shoot higher, all the better for me to short again.

Attachment
lol ..i would be unhappy if it does not kiss the previous high @ 1.317x area.
  • #27,177
  • Apr 19, 2012 3:19am Apr 19, 2012 3:19am
Quoting rekon67
lol ..i would be unhappy if it does not kiss the previous high @ 1.317x area.
It looks like you might be happy today
Those who say it cannot be done should not interrupt those who are doing it
  • #27,178
  • Apr 19, 2012 3:23am Apr 19, 2012 3:23am
Quoting rekon67
lol ..i would be unhappy if it does not kiss the previous high @ 1.317x area.
Yup H1 and Daily pointing towards 1.3175....I am also waiting to short there...
Bulls Run. Bears Bite. We Profit.
  • #27,179
  • Apr 19, 2012 3:23am Apr 19, 2012 3:23am
Quoting PipTrapper
It looks like you might be happy today
Today is a Happy day, let see if we break 1.30
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #27,180
  • Apr 19, 2012 3:39am Apr 19, 2012 3:39am
Quoting PipTrapper
What's your feeling on this Islander? Do you think that Spain will manage to get a good cover on it's 10 year offering?
Hi PT - I'm short at 3151 with a stop just above this morning's high in case of a spike.....
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