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EurAnalysis Kindergarten 24 replies

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  • #30,401
  • May 14, 2012 1:46am May 14, 2012 1:46am
Quoting BFSGcapital
Good morning and good evening

Damn I almost went long there at 1.2880 Why I'm so afraid to risk 5 pips on a long, I'll never know

What is stronger, 1.2905 or 1.2880?

Something has to give soon, that range is too tight.
1.2880 is stronger IMO ... but need to wait for UK then US to decide it for today and later for the week. Thats why trading on Monday is tricky
  • #30,402
  • May 14, 2012 1:47am May 14, 2012 1:47am
Quoting rekon67
1.2880 is stronger IMO ... but need to wait for UK then US to decide it for today and later for the week. Thats why trading on Monday is tricky
Reported barrier options at 1.2875 and 1.2840
Those who say it cannot be done should not interrupt those who are doing it
  • #30,403
  • May 14, 2012 1:49am May 14, 2012 1:49am
I also have a new way of entering trades. If I think I can get 50 pips out of a move, I will place a 10x leverage with a 5 pip stop (only if i can get in on a retest of the highs) in case they stop hunt the highs = 0.5% stop loss.

I will also place a 3x leverage, with 15 pip stop loss, which would = somewhere between 0.4 or 0.45% loss.

If the 10x leverage gets stopped out, but the 3x does not, and I get my 50 pips, then that will equal about a 1% gain.

If neither get stopped out, a 6.5% gain from 50 pips.

If both get stopped out (which means I picked a horrible entry to begin with if the 3x also gets stopped out), then I only lose slightly less than ~1%



What do you all think?
An opportunity lost is not a capital cost.
  • #30,404
  • May 14, 2012 1:55am May 14, 2012 1:55am
Quoting BFSGcapital
I also have a new way of entering trades. If I think I can get 50 pips out of a move, I will place a 10x leverage with a 5 pip stop (only if i can get in on a retest of the highs) in case they stop hunt the highs = 0.5% stop loss.

I will also place a 3x leverage, with 15 pip stop loss, which would = somewhere between 0.4 or 0.45% loss.

If the 10x leverage gets stopped out, but the 3x does not, and I get my 50 pips, then that will equal about a 1% gain.

If neither get stopped out, a 6.5% gain from 50 pips.

If both get stopped out (which...
Risk/reward ratio is in line... as long as you pick the right entry point, in my opinion it is a fantastic plan.
Those who say it cannot be done should not interrupt those who are doing it
  • #30,405
  • May 14, 2012 1:55am May 14, 2012 1:55am
Quoting BFSGcapital
Good morning and good evening

Damn I almost went long there at 1.2880 Why I'm so afraid to risk 5 pips on a long, I'll never know

What is stronger, 1.2905 or 1.2880?

Something has to give soon, that range is too tight.
I have had exactly the same feeling for the last two hours lol
Do what you are afraid to do -Emerson
  • #30,406
  • May 14, 2012 1:55am May 14, 2012 1:55am
Quoting PipTrapper
Reported barrier options at 1.2875 and 1.2840
So there are defenders of EUR protecting it not to go below 1.2840 (Max) .. last week we thought 1.2900 as barrier?
  • #30,407
  • May 14, 2012 1:58am May 14, 2012 1:58am
Quoting rekon67
So there are defenders of EUR protecting it not to go below 1.2840 (Max) .. last week we thought 1.2900 as barrier?
Yes 1.29 got taken out before Asian session. Now we have the other two. Also, there are probably more below that.

My view is that we make it to the 78.6% fibo at 1.2810 area and then retrace up to form a new lower high as high as 1.3150 area before a fresh attempt at 1.26 (My view only)
Those who say it cannot be done should not interrupt those who are doing it
  • #30,408
  • May 14, 2012 2:01am May 14, 2012 2:01am
Quoting PipTrapper
Yes 1.29 got taken out before Asian session. Now we have the other two. Also, there are probably more below that.

My view is that we make it to the 78.6% fibo at 1.2810 area and then retrace up to form a new lower high as high as 1.3150 area before a fresh attempt at 1.26 (My view only)
Your view sounds on the money. Markets ebb and flow, always important to remember.

Plus, the big boys wouldn't make as much money if the markets only moved in one direction. The more volatility, the more profit. I have a feeling that markets will always ebb and flow
An opportunity lost is not a capital cost.
  • #30,409
  • May 14, 2012 2:03am May 14, 2012 2:03am
YIKES! This doesn't look like another stop hunt. Although I could be wrong, of course..
An opportunity lost is not a capital cost.
  • #30,410
  • May 14, 2012 2:34am May 14, 2012 2:34am
I think we are targeting 1.285 now unless this is just another stop hunt
An opportunity lost is not a capital cost.
  • #30,411
  • May 14, 2012 2:37am May 14, 2012 2:37am
  •  AFXFin
  • | Joined Oct 2011 | Status: Price don't have a mind of it's own | 915 Posts
Quoting BFSGcapital
I think we are targeting 1.285 now unless this is just another stop hunt
It's spanish auction.
  • #30,412
  • May 14, 2012 2:40am May 14, 2012 2:40am
Good morning all. Got a late start this morning. Slept in. Hope everyone had a great weekend. Let's make some pips.
  • #30,413
  • May 14, 2012 2:43am May 14, 2012 2:43am
  •  AFXFin
  • | Joined Oct 2011 | Status: Price don't have a mind of it's own | 915 Posts
Zero Hedge: Greece state funds below 1.5 billion.

That should put Tsiripapkakis (or what ever that populist lefty's name is) to start thinking his position once he wins elections...

One should think how deep in shit he wants to crawl in....
  • #30,414
  • May 14, 2012 2:49am May 14, 2012 2:49am
Quoting AFXFin
Zero Hedge: Greece state funds below 1.5 billion.

That should put Tsiripapkakis (or what ever that populist lefty's name is) to start thinking his position once he wins elections...

One should think how deep in shit he wants to crawl in....


http://www.thefunnybox.com/wp-conten...s/deepshit.jpg
Those who say it cannot be done should not interrupt those who are doing it
  • #30,415
  • May 14, 2012 3:01am May 14, 2012 3:01am
Quoting PipTrapper


http://www.thefunnybox.com/wp-conten...s/deepshit.jpg
I cannot stop LOL even though I have saw this pic long long ago.

well i'm not sure about what eu will go afterwards... though I have shorts from 3270 and 3020...
  • #30,416
  • May 14, 2012 3:02am May 14, 2012 3:02am
50 to 70 more pips down and then I expect a correction. Of course just because I expect it, it does not mean we will get it.

E/U H4
Attached Image (click to enlarge)
Click to Enlarge Name: eu-h4.gif Size: 60 KB
Those who say it cannot be done should not interrupt those who are doing it
  • #30,417
  • May 14, 2012 3:12am May 14, 2012 3:12am
Attached Image (click to enlarge)
Click to Enlarge Name: bonds.gif Size: 34 KB


Attached Image (click to enlarge)
Click to Enlarge Name: futures.gif Size: 55 KB
Those who say it cannot be done should not interrupt those who are doing it
  • #30,418
  • May 14, 2012 3:19am May 14, 2012 3:19am
Quoting ostcollector
I cannot stop LOL even though I have saw this pic long long ago.

well i'm not sure about what eu will go afterwards... though I have shorts from 3270 and 3020...
I say hold your shorts until we reach 1.2810
After that, it is hard to say but I plan on taking partial profit from mine.
Those who say it cannot be done should not interrupt those who are doing it
  • #30,419
  • May 14, 2012 3:34am May 14, 2012 3:34am
Quoting PipTrapper
I say hold your shorts until we reach 1.2810
After that, it is hard to say but I plan on taking partial profit from mine.

Looks like a slow crawl down today.
  • #30,420
  • May 14, 2012 3:34am May 14, 2012 3:34am
Talk of 1.2850-1.3500 dnt in place maturing 18th May.
Those who say it cannot be done should not interrupt those who are doing it
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