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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #30,201
  • May 11, 2012 2:54am May 11, 2012 2:54am
Quoting Harpe Eagle
Yes broker offer this...
How are you bro...your view on eu
I'm a scalper, i don't have a view, just running with the flow.
Like this scalper:


http://4.bp.blogspot.com/-q-xE_q-d9x...st-scalper.jpg
http://en.wikipedia.org/wiki/Scalping
  • #30,202
  • May 11, 2012 2:59am May 11, 2012 2:59am
5m chart and tons of trendlines I just dont see how it can go much higher.

So much resistance at 1.2925 but so much support at 1.2910/15, im actually getting a little bored of this

5 minute crossed over to upside. Note the other times it crossed briefly but failed. I think this time its for real, so maybe a little profit taking into the weekend and then we gap down over the weekend again?

Predictions are fun anyway. But I have contradictory ideas so I'm out of the market except for scalps.
Attached Image (click to enlarge)
Click to Enlarge Name: eurochart1.jpg Size: 143 KB
An opportunity lost is not a capital cost.
  • #30,203
  • May 11, 2012 2:59am May 11, 2012 2:59am
Chances of coalition government increasing – Greek official
Government with conservatives, socialists, moderates eyed
Government with two year mandate until 2014 being proposed

From Forex Live
Those who say it cannot be done should not interrupt those who are doing it
  • #30,204
  • May 11, 2012 3:02am May 11, 2012 3:02am
Quoting BFSGcapital
5m chart and tons of trendlines I just dont see how it can go much higher.

So much resistance at 1.2925 but so much support at 1.2910/15, im actually getting a little bored of this

5 minute crossed over to upside. Note the other times it crossed briefly but failed. I think this time its for real, so maybe a little profit taking into the weekend and then we gap down over the weekend again?

Predictions are fun anyway.
You're amusing me. No offence intended. I used to deliberate like you until I decided that it is much easier to have patience and wait for a signal to shout out at me rather than going round in circles hunting for a needle in a haystack.
Those who say it cannot be done should not interrupt those who are doing it
  • #30,205
  • May 11, 2012 3:03am May 11, 2012 3:03am
Quoting GoldMan.
I'm a scalper, i don't have a view, just running with the flow.
Like this scalper:


http://4.bp.blogspot.com/-q-xE_q-d9x...st-scalper.jpg
http://en.wikipedia.org/wiki/Scalping


For how many pips you go for a scalp..? And what is your target set for scalping...? Because many traders scalp for 10-25 pips...
Bulls Run. Bears Bite. We Profit.
  • #30,206
  • May 11, 2012 3:04am May 11, 2012 3:04am
There she blows., filling the gap I'm sure.
An opportunity lost is not a capital cost.
  • #30,207
  • May 11, 2012 3:07am May 11, 2012 3:07am
Quoting PipTrapper
You're amusing me. No offence intended. I used to deliberate like you until I decided that it is much easier to have patience and wait for a signal to shout out at me rather than going round in circles hunting for a needle in a haystack.
Hehe, at least I took my profit from 2940, but only for 20 pips.

I would love if you would post in big bold letters when YOU think the clear signals are.

I haven't been here long enough
An opportunity lost is not a capital cost.
  • #30,208
  • May 11, 2012 3:09am May 11, 2012 3:09am
Quoting Harpe Eagle


For how many pips you go for a scalp..? And what is your target set for scalping...? Because many traders scalp for 10-25 pips...
15-30 pip but if it gives me more I take it. Trying to get all my scalp trades @ least 5.0 lot's, this means if I get 30 pip it's 1500$.
  • #30,209
  • May 11, 2012 3:10am May 11, 2012 3:10am
Quoting BFSGcapital
There she blows., filling the gap I'm sure.
Well it will take a while to get there but if Europe manages to get it above 2970, then NY will take it the rest of the way, especially if there is increased hope that Greece may form a coalition.

If price manages to close the gap, I believe that it's hammer time....

Inserted Video
Those who say it cannot be done should not interrupt those who are doing it
  • #30,210
  • May 11, 2012 3:10am May 11, 2012 3:10am
Quoting Harpe Eagle


For how many pips you go for a scalp..? And what is your target set for scalping...? Because many traders scalp for 10-25 pips...
Yup, its not worth it if you cant get at least 10, IMO. Because if you lose, you are going to lose 4-8 pips probably. But the point of a scalp is that you know its high probability of success, so most should be winners anyway
An opportunity lost is not a capital cost.
  • #30,211
  • May 11, 2012 3:18am May 11, 2012 3:18am
Quoting GoldMan.
15-30 pip but if it gives me more I take it. Trying to get all my scalp trades @ least 5.0 lot's, this means if I get 30 pip it's 1500$.
And how many trades you find in 'London and NY' session to scalp...? and Whats about your sl..?
And do you scalp in M5 or M15..Probably i think M5...

Quoting BFSGcapital
Yup, its not worth it if you cant get at least 10, IMO. Because if you lose, you are going to lose 4-8 pips probably. But the point of a scalp is that you know its high probability of success, so most should be winners anyway
Bulls Run. Bears Bite. We Profit.
  • #30,212
  • May 11, 2012 3:20am May 11, 2012 3:20am
Being bullish only gives me this view...

Attached Image (click to enlarge)
Click to Enlarge Name: genuinelyFX_2012.05.11_eurusd_hourly.jpg Size: 235 KB
charting the euro...
  • #30,213
  • May 11, 2012 3:20am May 11, 2012 3:20am
Quoting BFSGcapital
Hehe, at least I took my profit from 2940, but only for 20 pips.

I would love if you would post in big bold letters when YOU think the clear signals are.

I haven't been here long enough
ha ha no problem. However, my trade is already planned. I am waiting for a correction to close the weekend gap. My limit order is at 1.3079 but it may go a bit higher to test the 50% fibo retrace of the move down from last week's high. This also coincides with the yet to occur retest of the broken rising channel support. By the time price gets there, the 89smma and 200ema should be well lined up to provide additional resistance. See chart for details

E/U H4
Attached Image (click to enlarge)
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Those who say it cannot be done should not interrupt those who are doing it
  • #30,214
  • May 11, 2012 3:24am May 11, 2012 3:24am
Attached Image (click to enlarge)
Click to Enlarge Name: genuinelyFX_2012.05.11_eurusd_hourly.jpg Size: 235 KB
charting the euro...
  • #30,215
  • May 11, 2012 3:27am May 11, 2012 3:27am
Quoting Harpe Eagle
And how many trades you find in 'London and NY' session to scalp...? and Whats about your sl..?
And do you scalp in M5 or M15..Probably i think M5...

You can always see a signal but most of the time you can get good low risk quality signals 2-3 times @ London NY time. SL 10 pip.
Yes M5 most of the time.
  • #30,216
  • May 11, 2012 3:35am May 11, 2012 3:35am
I'm heading out for some sun and fresh air.
By the time I get back, I hope to see the pair above 1.30
trade safe.
Those who say it cannot be done should not interrupt those who are doing it
  • #30,217
  • May 11, 2012 3:37am May 11, 2012 3:37am
Quoting GoldMan.
You can always see a signal but most of the time you can get good low risk quality signals 2-3 times @ London NY time. SL 10 pip.
Yes M5 most of the time.
Thanks
Bulls Run. Bears Bite. We Profit.
  • #30,218
  • May 11, 2012 3:55am May 11, 2012 3:55am
  •  AFXFin
  • | Joined Oct 2011 | Status: Price don't have a mind of it's own | 915 Posts
Quoting PipTrapper
I'm heading out for some sun and fresh air.
By the time I get back, I hope to see the pair above 1.30
trade safe.
Have nice day!
It's pouring rain here... even my dog refused to go out.
  • #30,219
  • May 11, 2012 4:02am May 11, 2012 4:02am
gm guys, maybe dont go too much higher and we are testing the higher now, just keep your eyes open
Attached Image (click to enlarge)
Click to Enlarge Name: 11.05.12.15m.png Size: 55 KB
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #30,220
  • May 11, 2012 4:11am May 11, 2012 4:11am
Quoting Luis Carlos
gm guys, maybe dont go too much higher and we are testing the higher now, just keep your eyes open
It is testing the resistance right now. A diagonal one from 1.3065...
Stocktwit: LuisCarlos - twitter: @lcparodi
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