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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #31,861
  • May 23, 2012 3:07am May 23, 2012 3:07am
  •  AFXFin
  • | Joined Oct 2011 | Status: Price don't have a mind of it's own | 915 Posts
Quoting Likerty
Can anyone explain whats the point of buying 0% interest bond?
There is a markets behind auctions which rate bunds. Also they are secure and can be added among larger funds to get better credit rating.
  • #31,862
  • May 23, 2012 3:07am May 23, 2012 3:07am
EZ Balance of payments shows €54 Billion of capital outflows for March 2012

OUCH!!!

ADD: ...and down we go. 1.2525 is now my next target.
Those who say it cannot be done should not interrupt those who are doing it
  • #31,863
  • Edited 3:34am May 23, 2012 3:09am | Edited 3:34am
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  • #31,864
  • May 23, 2012 3:10am May 23, 2012 3:10am
  •  AFXFin
  • | Joined Oct 2011 | Status: Price don't have a mind of it's own | 915 Posts
Quoting PipTrapper
EZ Balance of payments shows €54 Billion of capital outflows for March 2012

OUCH!!!
That actually isn't a surprise - take a look at your own trades - we are 800 pips down.
  • #31,865
  • May 23, 2012 3:10am May 23, 2012 3:10am
Support is broken!

Down we go!
  • #31,866
  • May 23, 2012 3:12am May 23, 2012 3:12am
Quoting AFXFin
There is a markets behind auctions which rate bunds. Also they are secure and can be added among larger funds to get better credit rating.
So.. just having cash is bad for credit rating? What if good opportunity to invest/speculate will come up? It's like to freeze that liquidity for a whole of two years...
69
  • #31,867
  • May 23, 2012 3:16am May 23, 2012 3:16am
Quoting AFXFin
That actually isn't a surprise - take a look at your own trades - we are 800 pips down.
It may not be a surprise but it is certainly one more reason to remain bearish.
Those who say it cannot be done should not interrupt those who are doing it
  • #31,868
  • May 23, 2012 3:20am May 23, 2012 3:20am
  •  AFXFin
  • | Joined Oct 2011 | Status: Price don't have a mind of it's own | 915 Posts
Quoting 100PipsADay
Support is broken!

Down we go!
Patience my friend. Actual support is January 2012 low, which we just tested. (1.26250)
  • #31,869
  • May 23, 2012 3:21am May 23, 2012 3:21am
Quoting PipTrapper
It may not be a surprise but it is certainly one more reason to remain bearish.
Good morning PT, Finnie and everyone. Late start. Just caught up with the thread. WTH happened after we signed off last night? E/U tanked. Papademos tanking the market? Where we go from here?
  • #31,870
  • May 23, 2012 3:26am May 23, 2012 3:26am
Quoting FXSwissTrader
Good morning PT, Finnie and everyone. Late start. Just caught up with the thread. WTH happened after we signed off last night? E/U tanked. Papademos tanking the market? Where we go from here?
If price breaks and holds below the 2012 low of 1.2623, then we're heading for the abyss. But first we visit 1.2525 and take a break.

http://dvdpgallery.dvdalistic.com/ga...per-1-1024.jpg
Those who say it cannot be done should not interrupt those who are doing it
  • #31,871
  • May 23, 2012 3:26am May 23, 2012 3:26am
  •  AFXFin
  • | Joined Oct 2011 | Status: Price don't have a mind of it's own | 915 Posts
Quoting FXSwissTrader
Good morning PT, Finnie and everyone. Late start. Just caught up with the thread. WTH happened after we signed off last night? E/U tanked. Papademos tanking the market? Where we go from here?
I don't know where others go but I was thinking toilet...
  • #31,872
  • May 23, 2012 3:26am May 23, 2012 3:26am
Quoting AFXFin
Patience my friend. Actual support is January 2012 low, which we just tested. (1.26250)
You're right.

What point can is it safe to say that the January support is definitely broken?
  • #31,873
  • May 23, 2012 3:27am May 23, 2012 3:27am
BINGO!!!

1.2623 broken. Wait for confirmation now.

http://www.dyecrest.com/paypal_bingo.jpg.gif
Those who say it cannot be done should not interrupt those who are doing it
  • #31,874
  • May 23, 2012 3:29am May 23, 2012 3:29am
Public Service Announcement.

If any of you have any Euro denominated investments, now would be a good time to convert them to any other currency of your choice.

Perhaps USD for now... or perhaps Japanese Yen
Those who say it cannot be done should not interrupt those who are doing it
  • #31,875
  • May 23, 2012 3:31am May 23, 2012 3:31am
Good seeing the Euro/Yen PT.

I wanted to enter a short for EU, but was too late (wanted to go short yesterday). Meh, i have to stop playing video games and concentrate more on trading...

Ill wait for when it ranges before playing a trade.

Also, Euro Yen is hitting your areas of support: 100.1-.3
  • #31,876
  • May 23, 2012 3:32am May 23, 2012 3:32am
Quoting AFXFin
I don't know where others go but I was thinking toilet...
Euro is heading there.
  • #31,877
  • May 23, 2012 3:33am May 23, 2012 3:33am
Quoting PipTrapper
If price breaks and holds below the 2012 low of 1.2623, then we're heading for the abyss. But first we visit 1.2525 and take a break.

http://dvdpgallery.dvdalistic.com/ga...per-1-1024.jpg
What is at 1.2525?
69
  • #31,878
  • May 23, 2012 3:33am May 23, 2012 3:33am
Quoting hunter101
Good seeing the Euro/Yen PT.

I wanted to enter a short for EU, but was too late (wanted to go short yesterday). Meh, i have to stop playing video games and concentrate more on trading...

Ill wait for when it ranges before playing a trade.

Also, Euro Yen is hitting your areas of support: 100.1-.3
Apparently, according to the order board published by ForexLive, there are sell stops lined up through 100.20 / 100.10 and 100.00 (psych level).. So I believe I will hold the full position for now until I see some change in sentiment.
Those who say it cannot be done should not interrupt those who are doing it
  • #31,879
  • May 23, 2012 3:33am May 23, 2012 3:33am
Quoting PipTrapper
Public Service Announcement.

If any of you have any Euro denominated investments, now would be a good time to convert them to any other currency of your choice.

Perhaps USD for now... or perhaps Japanese Yen

Going to the city in a little bit with wifey.
  • #31,880
  • May 23, 2012 3:34am May 23, 2012 3:34am
Quoting Likerty
What is at 1.2525?
It's Zager and Evans!

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