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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #28,781
  • May 4, 2012 12:00am May 4, 2012 12:00am
Quoting PipTrapper
I think you mean "Not a good sign for Euro Bull"

Attachment
I mean for USD buddy,lol
If there was easy money lying around,no one would be forcing it into your
  • #28,782
  • May 4, 2012 12:02am May 4, 2012 12:02am
Latest H1 chart

It is now up to NFP to decide if we break and close above the 38.2% fibo or below the 50% fibo

Attached Image (click to enlarge)
Click to Enlarge Name: eu-h1.gif Size: 65 KB
Those who say it cannot be done should not interrupt those who are doing it
  • #28,783
  • May 4, 2012 12:06am May 4, 2012 12:06am
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
Click to Enlarge Name: bonds.gif Size: 35 KB

Attached Image (click to enlarge)
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Those who say it cannot be done should not interrupt those who are doing it
  • #28,784
  • May 4, 2012 12:07am May 4, 2012 12:07am
Bad data for GBP, EUR slopping down a little ... co-relation still exists.
  • #28,785
  • May 4, 2012 12:16am May 4, 2012 12:16am
http://www.markiteconomics.com/Marki...e.aspx?ID=9521

04 May 2012 08:15

Markit Spain Services PMI
Rate of decline in activity accelerates as economic crisis persists
Key points:
�� Tenth successive reduction in activity
�� Employment falls for fiftieth month in a row
�� Companies continue to cut charges in an attempt to secure new business
  • #28,786
  • May 4, 2012 12:24am May 4, 2012 12:24am
Quoting rekon67
Bad data for GBP, EUR slopping down a little ... co-relation still exists.
CHF data good ..would help EUR to down further a little?
  • #28,787
  • May 4, 2012 12:25am May 4, 2012 12:25am
Quoting rekon67
Bad data for GBP, EUR slopping down a little ... co-relation still exists.
When you see a co-relation like that, it is usually also due to a move in the base currency (In this case, USD) rather than just the leading pair
Those who say it cannot be done should not interrupt those who are doing it
  • #28,788
  • May 4, 2012 12:28am May 4, 2012 12:28am
Quoting PipTrapper
When you see a co-relation like that, it is usually also due to a move in the base currency (In this case, USD) rather than just the leading pair

... Lunch Time ... Feeling very hungry now.
  • #28,789
  • May 4, 2012 12:36am May 4, 2012 12:36am
Quoting rekon67
CHF data good ..would help EUR to down further a little?
Good CHF datat stoping USD/CHF to go up and that stops USDX and that stops EUR..

EDIT: But Spanish factor is stronger hear.. I'm short from 143, tp 127
69
  • #28,790
  • May 4, 2012 12:39am May 4, 2012 12:39am
Woke up late, looks like my entry from yesterdays spike 3167 is still good.

Expecting a test of 1.312 here?
An opportunity lost is not a capital cost.
  • #28,791
  • May 4, 2012 12:42am May 4, 2012 12:42am
Support in H4 1.3115...
Bulls Run. Bears Bite. We Profit.
  • #28,792
  • May 4, 2012 12:46am May 4, 2012 12:46am
Today’s orderboard….

Written by Pete Jackson
May 4, 2012 at 07:24 GMT

All kinda quiet out there this morning… lull before the storm i guess

EUR/USD: Bids/tech support 1.3120/25 (100 day SMA at 1.3121),1.3100/10 and 1.3075/85 ( 1.3075 barrier). Offers 1.3180/00

GBP/USD: Bids 1.6150/60, sell stops on a break ahead of more bids 1.6100/10. Offers 1.6200/10

EUR/GBP: Bids 0.8120/25 and 0.8100/05. Barrier below at 0.8075. Offers 0.8140/45 and 0.8160/65

USD/JPY: Bids 80.00/10, sell stops just below ahead of talked of semi-official (Kampo) bids from 79.60. Offers 80.40/50 (exporters)and tech res 80.85/90.

EUR/JPY: Bids 105.30/40 (105.40 200 day MA) and 105.00/10 (105.00 barrier), sell stops just below and through 104.80. Offers 105.85/95 and 106.10/20

AUD/USD: Offers 10270/80 (from models, macro funds) and larger at 1.0290/00. Buy stops up through 1.0310 . Bids 1.0235/45, sell stops through 1.0220, ahead of decent bids 1.0200/10 in front of reported v large barrier at 1.0200

USD/CHF: Bids 0.9115/20, offers 0.9135/40 and 0.9150/55
Those who say it cannot be done should not interrupt those who are doing it
  • #28,793
  • May 4, 2012 12:50am May 4, 2012 12:50am
50% fibo is toast. Now we test 61.8% @ 1.3120/25 area

E/U M5

Attached Image (click to enlarge)
Click to Enlarge Name: eu-m5.gif Size: 40 KB
Those who say it cannot be done should not interrupt those who are doing it
  • #28,794
  • May 4, 2012 12:55am May 4, 2012 12:55am
Quoting Likerty
Good CHF datat stoping USD/CHF to go up and that stops USDX and that stops EUR..

EDIT: But Spanish factor is stronger hear.. I'm short from 143, tp 127
nah ... nothing can stop eur to go down
  • #28,795
  • May 4, 2012 12:57am May 4, 2012 12:57am
Quoting rekon67
nah ... nothing can stop eur to go down
Bad Italian PMI data helped to break 138.. I think..
69
  • #28,796
  • May 4, 2012 1:00am May 4, 2012 1:00am
Quoting rekon67
nah ... nothing can stop eur to go down
Actually this does not seem like an anti-euro move. This seems more like risk aversion positioning before NFP. It is broad based. USD and JPY gaining against everything.
Those who say it cannot be done should not interrupt those who are doing it
  • #28,797
  • May 4, 2012 1:00am May 4, 2012 1:00am
Quoting rekon67
nah ... nothing can stop eur to go down
Ops are you sure
Bulls Run. Bears Bite. We Profit.
  • #28,798
  • May 4, 2012 1:02am May 4, 2012 1:02am
Out of shorts on the 15m hammer near the 61.8. I want higher short now but hey you dont always get what you want

Edit: actually saw the double hammer 1m and got out 2 pips from the bottom, good start today
An opportunity lost is not a capital cost.
  • #28,799
  • May 4, 2012 1:03am May 4, 2012 1:03am
Quoting Harpe Eagle
Ops are you sure
In the medium to long term, it is certainly on its way down. All the spikes up and down on a short term basis mean nothing unless you're scalping intraday moves. To me a move up is just another shorting opportunity (and sometimes a real piss off )
Those who say it cannot be done should not interrupt those who are doing it
  • #28,800
  • May 4, 2012 1:03am May 4, 2012 1:03am
Quoting PipTrapper
Actually this does not seem like an anti-euro move. This seems more like risk aversion positioning before NFP. It is broad based. USD and JPY gaining against everything.
Interesting ... technically Daily still 50-50.
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