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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #31,881
  • May 23, 2012 3:34am May 23, 2012 3:34am
Quoting Likerty
What is at 1.2525?

I havent seen those levels since 2006!
  • #31,882
  • May 23, 2012 3:35am May 23, 2012 3:35am
Quoting Likerty
What is at 1.2525?
Check my morning update for the details

http://www.forexfactory.com/showthre...39#post5691639

.
Those who say it cannot be done should not interrupt those who are doing it
  • #31,883
  • May 23, 2012 3:36am May 23, 2012 3:36am
I am short from 26746,
and now learning patience, not easy though with these PA
  • #31,884
  • May 23, 2012 3:37am May 23, 2012 3:37am
Quoting hunter101
I havent seen those levels since 2006!
In 2010, the Euro went down to 1.18 area
Those who say it cannot be done should not interrupt those who are doing it
  • #31,885
  • May 23, 2012 3:38am May 23, 2012 3:38am
Quoting oceanis
I am short from 26746,
and now learning patience, not easy though with these PA
plus the fact that you are shorting in the low of the range. Keep a tight stop.
Those who say it cannot be done should not interrupt those who are doing it
  • #31,886
  • May 23, 2012 3:43am May 23, 2012 3:43am
Quoting PipTrapper
Check my morning update for the details

http://www.forexfactory.com/showthre...39#post5691639

.
Aaa.. I forgot about that 1,2994...
69
  • #31,887
  • May 23, 2012 3:43am May 23, 2012 3:43am
Quoting PipTrapper
plus the fact that you are shorting in the low of the range. Keep a tight stop.
yes it is in 2669 for +5pips,
  • #31,888
  • May 23, 2012 3:43am May 23, 2012 3:43am
  •  AFXFin
  • | Joined Oct 2011 | Status: Price don't have a mind of it's own | 915 Posts
Quoting PipTrapper
plus the fact that you are shorting in the low of the range. Keep a tight stop.
Yep - no time for shorts. There is a barrier here which I believe will hold for now. Lot of sell stops on around 1.26 level, which causes a bounce-back.

Once they are taken care of, we can take a look at lower levels. Just wondering where are all Big Euro defenders?
  • #31,889
  • May 23, 2012 3:47am May 23, 2012 3:47am
Quoting AFXFin
Yep - no time for shorts. There is a barrier here which I believe will hold for now. Lot of sell stops on around 1.26 level, which causes a bounce-back.

Once they are taken care of, we can take a look at lower levels. Just wondering where are all Big Euro defenders?
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Those who say it cannot be done should not interrupt those who are doing it
  • #31,890
  • May 23, 2012 3:48am May 23, 2012 3:48am
Forex: EUR/USD prints new 2012 low, at 1.2615

Wed, May 23 2012, 10:43 CET | FXstreet.com

FXstreet.com (Barcelona) - After EMU’s current account release, the EUR/USD found space for a plunge in the European morning. Capped at 1.2680 area, the pair fell all the way to 1.2615 low, new low of the year.

Next targets will be August 2011 lows little below 1.2600. Then, it will take a deep plunge to target historical lows below 1.2000.

Deltstock.com analyst Stoyan Mihaylov had written: “My outlook is negative, for a break through 1.2641, towards 1.2536, en route to 1.2412 main target. Initial intraday resistance is projected at 1.2740”.
  • #31,891
  • May 23, 2012 4:06am May 23, 2012 4:06am
  •  AFXFin
  • | Joined Oct 2011 | Status: Price don't have a mind of it's own | 915 Posts
Eur Industrial New Orders (MoM)

Actual1.8%
Forecast-0.1%
Previous-1.2%

No reaction on market...
  • #31,892
  • May 23, 2012 4:12am May 23, 2012 4:12am
Quoting AFXFin
Eur Industrial New Orders (MoM)

Actual1.8%
Forecast-0.1%
Previous-1.2%

No reaction on market...
If you were presented with a Rolls Royce that looked fantastic on the outside but the engine was broken, would you buy it for full price?

http://www.motorvista.com/pictures/r...olls-royce.jpg
Those who say it cannot be done should not interrupt those who are doing it
  • #31,893
  • May 23, 2012 4:16am May 23, 2012 4:16am
  •  AFXFin
  • | Joined Oct 2011 | Status: Price don't have a mind of it's own | 915 Posts
BOE Deputy Governor Mr. Bean is having a speech right now.
http://cl.jroo.me/z3/f/L/F/d/a.aaa-M...is-awsome..jpg
  • #31,894
  • May 23, 2012 4:17am May 23, 2012 4:17am
  •  AFXFin
  • | Joined Oct 2011 | Status: Price don't have a mind of it's own | 915 Posts
Quoting PipTrapper
If you were presented with a Rolls Royce that looked fantastic on the outside but the engine was broken, would you buy it for full price?
C'mon - It's rolls royce! They have lifetime guarantee and they'll fix the engine for free.

ADD: Actually that doesn't apply anymore. There is no longer life time warranty on RR...
  • #31,895
  • May 23, 2012 4:19am May 23, 2012 4:19am
Quoting PipTrapper
If you were presented with a Rolls Royce that looked fantastic on the outside but the engine was broken, would you buy it for full price?

http://www.motorvista.com/pictures/r...olls-royce.jpg
Can I have an analogy using hot girl? I don't understand.
  • #31,896
  • May 23, 2012 4:22am May 23, 2012 4:22am
Sweden against euro zone bonds, prime minister says

Wed, May 23 2012, 11:16 CET | Reuters


STOCKHOLM, May 23 (Reuters) - Sweden is opposed to the idea of the euro zone issuing common bonds as it would distort debt markets, Prime Minister Fredrik Reinfeldt said on Wednesday.
  • #31,897
  • May 23, 2012 4:28am May 23, 2012 4:28am
Quoting FXSwissTrader
Can I have an analogy using hot girl? I don't understand.
Okay. same analogy base but with toothless hot girl... and not just any hot girl. This one is Charlize Theron

http://www.socialyz.com/wp-content/u...no-teeth-2.jpg
Those who say it cannot be done should not interrupt those who are doing it
  • #31,898
  • May 23, 2012 4:28am May 23, 2012 4:28am
  •  AFXFin
  • | Joined Oct 2011 | Status: Price don't have a mind of it's own | 915 Posts
Quoting FXSwissTrader
Can I have an analogy using hot girl? I don't understand.
Ok, how about this?
If there would be hot looking babe, but one's got balls - would you take her to the date?
  • #31,899
  • May 23, 2012 4:29am May 23, 2012 4:29am
Quoting AFXFin
Ok, how about this?
If there would be hot looking babe, but one's got balls - would you take her to the date?
  • #31,900
  • May 23, 2012 4:30am May 23, 2012 4:30am
Quoting PipTrapper
Okay. same analogy base but with toothless hot girl... and not just any hot girl. This one is Charlize Theron

http://www.socialyz.com/wp-content/u...no-teeth-2.jpg
I feel so cheated!
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