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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #35,421
  • Jun 10, 2012 10:39am Jun 10, 2012 10:39am
Quoting Skynet
i don't know, man; i use higher time frames for setup and to watch for potentially interfering s/r levels...i use lower time frames for entry. that makes sense to me. if there is a battle between LTF and HTF...i will respect the HTF....the best scenario is when LTF and HTF are both aligned.

And to fxsport--that fundamentals can be use to rationalize...that is quite .
Allah has permitted trade and has forbidden interest [koran]
  • #35,422
  • Jun 10, 2012 11:03am Jun 10, 2012 11:03am
Quoting fxsport
Well said.



On this front I think we can agree to disagree. Why? Because I don't thing that there is ENOUGH fear in the system yet.

It's very similar to a situation when you get a call at 1 a.m. that your father/mother has been taken to the hospital and you need to come right away, then the caller hangs up.

WHAT! OMG did they have a heart attack, maybe mom fell down the stairs. What happened? You panic and rush right off to the hospital to find out. When you get there you learn that they are currently in surgery but everything is under...
listening to u i feel like a fish in the water becos my specialty is ortho-geriatrics and deal with these sort of patient 24/7.there are lot of complications in post op periods but u have put it very nicely.by the way 2-3 yrs expectancies are improving.
Allah has permitted trade and has forbidden interest [koran]
  • #35,423
  • Jun 10, 2012 11:16am Jun 10, 2012 11:16am
Hi guys,

please, is some of you able to set MT4 so weekly candles close at Friday?

T
"I know one thing, that I know nothing." Sokrates
  • #35,424
  • Jun 10, 2012 11:40am Jun 10, 2012 11:40am
Quoting Tom_D_Trader
Hi guys,

please, is some of you able to set MT4 so weekly candles close at Friday?

T
Weekly candles close according to the server time your broker sets. There is nothing you can do because MT4 does not form the candles. The MT4 server does.
Those who say it cannot be done should not interrupt those who are doing it
  • #35,425
  • Jun 10, 2012 1:41pm Jun 10, 2012 1:41pm
Quoting BFSGcapital
See, I just knew we were over sold Luckily I woke up to this, so I shorted it.

E/U has nowhere to go

By being patient and not shorting 55, I saved myself about 50 pips with a better entry

Edit: PT, definitely taking what you have to say into consideration, but I'm still holding this one over the weekend as it seems to be low risk to me. If not, it will come back to 1.25area in no time at all
Let this be a lesson for you. 2600 now. When your broker opens, your stops will be triggered at the broker open price, assuming you use your stop. Being patient doesn't mean you wait all day and open your trade right at the Friday close.
  • #35,426
  • Jun 10, 2012 1:42pm Jun 10, 2012 1:42pm
2635...
  • #35,427
  • Jun 10, 2012 1:46pm Jun 10, 2012 1:46pm
Quoting pkimnyc
2635...
Short covering picking up pace 2680 is the last line of defense for bear if managed to open above 2630
There are no right and wrong decisions......Only timely decisions
  • #35,428
  • Jun 10, 2012 1:48pm Jun 10, 2012 1:48pm
Quoting Skynet
His paid signal service for trading is public knowledge, i beleive...i came across it in one of pipmutt's post(he wasnt being diplomatic).

In fact, i beleive the link to Bumapatria website is part of Bumapatria signature's for every one of his post:

http://timingthemarket.weebly.com/ou...et-timing.html

He charges $300 for his quarterly services.

Apparently, it seems, there are people that will pay a 14 year old for trading services based on moon cycles.....heavens bless capitalism.

I wish i was that smart when i was 14....
its not signal service
redsword11, IfMyante, KennyZ, bumapatria, JohnPaul77 made my trading style.
  • #35,429
  • Jun 10, 2012 1:53pm Jun 10, 2012 1:53pm
Quoting pkimnyc
Let this be a lesson for you. 2600 now. When your broker opens, your stops will be triggered at the broker open price, assuming you use your stop. Being patient doesn't mean you wait all day and open your trade right at the Friday close.
hey PK be gentle on him,he will learn. i understand ur harsh but market can be much harsher ah
Allah has permitted trade and has forbidden interest [koran]
  • #35,430
  • Jun 10, 2012 1:57pm Jun 10, 2012 1:57pm
Quoting drzakir123
hey PK be gentle on him,he will learn. i understand ur harsh but market can be much harsher ah
Harsh or not. That's how the market is designed to wipe out your account if you dont be careful. This isn't a game.
  • #35,431
  • Jun 10, 2012 2:03pm Jun 10, 2012 2:03pm
Quoting Skynet
RISK ON, M-FERS!! For now, anyways. Yes, combine with the hopium data about china/usa export/import data...how it beats expectation...how fantastic everything is...how this...how that. 100 billion euros is a hefty amount. Given without restrictions.... yes, i will be surprised if the indexes and eur-based currencies didnt rally.....of course....until later in the week when we start anticipating the greek election results......fracking roller-coaster, this shite is.
Quoting Skynet
Sorry, my dude, i dont think a 100 pips move up from 1.2430 is pricing in 100 billion euros for spain. Under normal condition, a 100 pips move is the average daily range of the EUR/USD.....i also doubt that hopium cares about fib levels.....yes, the 1.2630 area is a solid resistance level....will it hold? Well, it has been tested one time....the more a level gets tested, the less likely for it to hold....albeit, this one has only been tested ONCE....and on top of that, 1.2630 is weekly resistance level:which had a lot of weight to it...the next...
Well, market already up by +100 pips...showing that the hopium is strong.....now testing the 1.263ish area. chart update attached:
Attached Image (click to enlarge)
Click to Enlarge Name: 2012-06-10_14-56_Are you using Tor.jpg Size: 66 KB
" It may mean something. It may mean nothing at all "
  • #35,432
  • Jun 10, 2012 2:03pm Jun 10, 2012 2:03pm
2670...

160 pips up since friday close...
  • #35,433
  • Jun 10, 2012 2:07pm Jun 10, 2012 2:07pm
Quoting Skynet
RISK ON, M-FERS!! For now, anyways. Yes, combine with the hopium data about china/usa export/import data...how it beats expectation...how fantastic everything is...how this...how that. 100 billion euros is a hefty amount. Given without restrictions.... yes, i will be surprised if the indexes and eur-based currencies didnt rally.....of course....until later in the week when we start anticipating the greek election results......fracking roller-coaster, this shite is.
There is just RISK ON across the board...pairs, crosses, you name it...everywhere.....all over.....lighting up everywhere like jack o' lantern on halloween
" It may mean something. It may mean nothing at all "
  • #35,434
  • Jun 10, 2012 2:10pm Jun 10, 2012 2:10pm
Quoting pkimnyc
Harsh or not. That's how the market is designed to wipe out your account if you dont be careful. This isn't a game.
i totally agree with u.i hope he is not in the market.
Allah has permitted trade and has forbidden interest [koran]
  • #35,435
  • Jun 10, 2012 2:11pm Jun 10, 2012 2:11pm
Quoting pkimnyc
2670...

160 pips up since friday close...
1.2635 area is strong strong....it may retrace....there is 1.2840ish area(weak strong) and after that is the 1.2930ish area (strong strong). RISK ON, M-FERS!!
" It may mean something. It may mean nothing at all "
  • #35,436
  • Jun 10, 2012 2:15pm Jun 10, 2012 2:15pm
Quoting drzakir123
i totally agree with u.i hope he is not in the market.
he left his trades open at the friday close. he is stuck. unless he is with the broker that allows weekend orders to be filled, he has no choice but to wait for his broker to reopen.
  • #35,437
  • Jun 10, 2012 2:24pm Jun 10, 2012 2:24pm
WOW!!! 1.2656 I am glad to leave my longs on weekend

The question is: Will Fill the Gap?
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #35,438
  • Jun 10, 2012 2:32pm Jun 10, 2012 2:32pm
Quoting Luis Carlos
WOW!!! 1.2656 I am glad to leave my longs on weekend

The question is: Will Fill the Gap?
Good question, carlos.

I am as temporarily bullish as the next guy with regards to 100billion spanish hopium(this euro shite is not over by a long shot)......check my response to "unknownpips"...however, like i have said before, several times, the weekly resistance is at 1.2635ish area...weekly s/r level can be mean stuff.

It will be really nice if it breaks about that level 1.2635 and close solidly, then retrace to touch and bounce of it......and head up north....hopefully, we wont have a spike candle close from 1.2635 resistance.
" It may mean something. It may mean nothing at all "
  • #35,439
  • Jun 10, 2012 2:33pm Jun 10, 2012 2:33pm
I have a question:

I had a Sell Limit order at 1.2575 on Friday. We are now looking at an opening of roughly 1.2630 or so.

Does my order get triggered at 1.2575 or will it be the opening price? I've never used a Sell Limit order over the weekend.

Thank you in advance.
  • #35,440
  • Jun 10, 2012 2:35pm Jun 10, 2012 2:35pm
Quoting 100PipsADay
I have a question:

I had a Sell Limit order at 1.2575 on Friday. We are now looking at an opening of roughly 1.2630 or so.

Does my order get triggered at 1.2575 or will it be the opening price? I've never used a Sell Limit order over the weekend.

Thank you in advance.
You want to know if your order will get triggered because of the widened spread? You will soon found out when the "market opens"......
" It may mean something. It may mean nothing at all "
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