EurAnalysis

She's been long since 2008

Don't upset Miz U guys

NARE (North American Retail Effect) sounds like NAIR

http://3.bp.blogspot.com/_WaiU7ZxFXv...s1600/nair.jpg








Kno's Comments:

Perception and Reality

This thread is a good example of PERCEPTION and Reality.

Imagine that we are in our own Private World here. There can be no question that based on fundamentals and technicals and the broad Knowledge Base in this thread that our PERCEPTION is better focused than the PERCEPTION outside of this thread. That of course is my view and I only speak for myself.

A majority of all forex traders use technicals to make their trading decisions. We know most Retail Traders lose money trading and that, for many reasons.

As always Money Flow because of changing FUNDAMENTALS change the direction of the charts.

Anything that changes PERCEPTION brings Fundamentals or the value of the various Asset Classes more in line with NEW Assumptions on their value. The values are changing everyday with new information or new perceptions.

In the absence of any NEW News, EUR/USD will be moved up or down by the North America Retail Traders joining in around 6:00 AM EST.

When Data (News) comes out at 8:30 AM we have NEW news. The markets react to this news and HOW the news is viewed. Then we arrive at 9:30 AM EST and North America Equities Markets OPEN and then MONEY FLOW has more influence on prices. Once Option Expiry and New News (Data) is out at 10:00 AM EST we have again a change of PERCEPTIONS and values. Then we head to the CLOSE of Europe Equity Markets at 11:30 AM and there is profit taking and short covering and then there is only North America open until 4:00 PM EST and the Daily Rollover at 5:00 PM EST and the START of another Daily Market as we head to Asia at 7:00 PM EST.

I would be glad to answer any questions on my topic. There is no doubt that understanding what I share here would improve your results. Please keep in mind that this thread gives traders an edge because of the excellent Resources that PipTrapper has made available here and so watching what the other Retail Traders do outside of this thread in most instances can bring our overall understanding up to a better level.

Good Morning, Good Trading and have a Great Weekend. This is Kentucky Derby Weekend and Our Race starts at 8:30 AM EST.

My Bet is on NFP to finish First.

Kno's Comments from today...

Thanks to my friend PipTrapper I have a symbol for my observations based on my trading experience over the years.

I first posted this on May 4, 2012 at 4:36 AM.

If you look at this mornings chart starting at 5:00 AM you can observe the start of the move up. I have no idea how high it will go however I wait for a reversal based on some things about to happen. It does not mean that it will reverse however I am ready for it knowing why it is moving up.

There was an event at 6:00 AM on CNBC that started the NARE without question.

The Major Cheerleader who cannot afford (Well I guess if you have 50 Billion or so then you can afford most anything except for women) (Joke)
started speaking and SPINNING on CNBC and so some negativity has been removed from the market.

The speaker talking about Europe and USA and Gold is Warren Buffet.

Have a great trading day and be very careful trading as we are in unchartered waters and muddy waters. Follow the Money Flow and STOP listening to the BS. However most people out there of course will listen and he generates headlines all over the world. I cannot PROVE it however I would wager a bet that he was asked or offered to appear on CNBC starting at 6:00 AM EST or if it was pre arranged it is almost the same thing knowing about the elections in Europe and the Gold debate going on now. See my recent posts and GATA's on the subject of Gold. Warren is saying he is not afraid. He is a buyer of stocks. Europe will be fine as wine. All the same old BS.

I will ask you to think about this post and try to see how "Outside Of The Box" thinking can give you an EDGE in your trading.

Good Morning and Good Trading.

Ha! ..Well done PT, you certainly know how to run a tight ship while also keeping your fellow sailors well motivated & happy ... sail on Capt'n!

too early to tell if reach 1.36/38.i hope setup works.

http://content.screencast.com/users/...05-07_1853.png

"hope" is not a wise strategy, but as long as you keep a tight stop on the trade, you really have nothing to fear.

I guess you missed his live Explorer he had here before?

overleveraging and big stop , hoping the price would come back... did not play so well .

Keep in mind that Warren Buffet is an investor and not a trader. Therefore his views are much longer term than what is useful to the rest of us and as you know, long term forecasts can change overnight. The "real" traders will not be swayed by his comments.

Yeah... don't upset rekon either

i am a newbie.

Okay... no need to poke fun. Either offer him advice or stay quiet. Remember the rules... Page 1

heh ?

looking 50% pressure candle close for short

All the more reason to keep your lot sizes small. It's a lot easier to handle that way if you go underwater. With large lot sizes, you panic and take a loss, only to see that in the end, if you kept the trade, you would have been profitable. My best advice to you is to stay at a 10:1 max leverage. For every $1,000 of account capital, max exposure should be 1 mini lot (0.1 Lots or 10,000 volume)

Add: Never use up all your exposure in one position. Start with 20% of max exposure (0.02 Lots or 2,000 volume per $1,000 of capital) and then scale in if trade goes your way.

Daily Formation Still

$Yen

No worries.. I only bark.. no bite... unless you don't hear my bark

Pin on the last 8H

I am still new and postioing gaps is tricky Guidance appreciated toda