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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #35,581
  • Jun 11, 2012 6:47am Jun 11, 2012 6:47am
Quoting PipTrapper
Yes weekend was great thanks.. Hope your was too.
Had a bbq bash on Saturday night and another one last night. lol I need some exercise now to get rid of the extra fat I took in (and obviously stored in all the wrong places ) Hey if you ever get a puncture, I have a spare tire for you... just pay for shipping

Yep that limit order is one for the record books. I've never nailed it perfectly before.

Anyway, it looks like my prediction is bang on so far... however I did think the short covering may keep going till Wednesday...

I know how you feel bud. Had some friends over Saturday too. We ate and drank like kings.

Anyways, no sign of a retrace after this huge downtrend from open. We'll see where Americans want to go when they open.
  • #35,582
  • Jun 11, 2012 6:48am Jun 11, 2012 6:48am
Quoting PipTrapper
1.2520 area should provide some support. As always, time will tell.
Yup thats 38.2 fibo from 2280/2670 and also 23.6 fibo from 1.328/1.228
An opportunity lost is not a capital cost.
  • #35,583
  • Jun 11, 2012 6:51am Jun 11, 2012 6:51am
Quoting BFSGcapital
Yup thats 38.2 fibo from 2280/2670 and also 23.6 fibo from 1.328/1.228
Good to see you're analysing multiple time frames with all the different fibs. Nice work.
Those who say it cannot be done should not interrupt those who are doing it
  • #35,584
  • Jun 11, 2012 7:04am Jun 11, 2012 7:04am
Quoting TheSwede
I always use London time for calculating pivots. Everything is centered around the London session and all major institutions and banks are there and use London time.
That is gmt+1 till late autumn when daylight saving applays. And until then all the GMT+0 brokers platforms calculates useless H4 and D1 bars in conjunction with useless pivots, murrays and other calculations! Useless relatively of course because retailers (with FXCM, DUKAS and other major MT4 brokers make close to 20% of market turnover they say) move markets too!
69
  • #35,585
  • Jun 11, 2012 7:09am Jun 11, 2012 7:09am
Quoting neuron
think we may see some downside as the DXY makes its recovery, looking back its been closing the gap lately (the last gap that was left open for a prolonged period of one month was in sep '11)

That was quite the drop on EUR/recovery on DXY, let see what NY has in store for us, as of now looks like we're meeting some resistance


Anyone catch the Canadian Grand Prix? Fantastic race
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  • #35,586
  • Jun 11, 2012 7:21am Jun 11, 2012 7:21am
Quoting neuron
That was quite the drop on EUR/recovery on DXY, let see what NY has in store for us, as of now looks like we're meeting some resistance


Anyone catch the Canadian Grand Prix? Fantastic race
I don't follow the Grand Prix. I had a Pontiac Gran Prix GTP once

Anyway, is that Montreal? It sure seems like it by the looks of that bridge.
Those who say it cannot be done should not interrupt those who are doing it
  • #35,587
  • Jun 11, 2012 7:24am Jun 11, 2012 7:24am
Quoting PipTrapper
I don't follow the Grand Prix. I had a Pontiac Gran Prix GTP once

Anyway, is that Montreal? It sure looks like it from that bridge.
Haha, yup this weekend was in Montreal!
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  • #35,588
  • Jun 11, 2012 7:29am Jun 11, 2012 7:29am
after closing the week gap more or les 10p.. time to go up.. daily s1 was a byg wall .. lets see!!!!!!
  • #35,589
  • Jun 11, 2012 7:35am Jun 11, 2012 7:35am
GM boys and girls...

Took 66% partial at 1.2536... Now using EW trendline the downside could be done, but my eye sees 1.2520/25, before US rebounce...

I am looking for:

1. (1.2747/87)
2. (1.288/1.2905)

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Stocktwit: LuisCarlos - twitter: @lcparodi
  • #35,590
  • Jun 11, 2012 7:36am Jun 11, 2012 7:36am
Quoting aurel_79
after closing the week gap more or les 10p.. time to go up.. daily s1 was a byg wall .. lets see!!!!!!
Price broke and closed beyond the 50% fibo line of the move up from Friday's lows, almost kissed 61.8, returned to re-test the 50% fibo and now it's a coin toss. I wouldn't bet on either direction at this point. We're in muddy waters until it breaks above the 50 fibo or below the 61.8 fibo.

However, if I had to bet, I would bet on down.
Those who say it cannot be done should not interrupt those who are doing it
  • #35,591
  • Jun 11, 2012 7:37am Jun 11, 2012 7:37am
Quoting Luis Carlos
GM boys and girls...

Took 66% partial at 1.2536... Now using EW trendline the downside could be done, but my eye sees 1.2520/25, before US rebounce...

I am looking for:

1. (1.2747/87)
2. (1.288/1.2905)


“Don't cry because it's over, smile because it happened.”
  • #35,592
  • Jun 11, 2012 7:47am Jun 11, 2012 7:47am
Quoting PipTrapper
Good to see you're analysing multiple time frames with all the different fibs. Nice work.

Well, I did learn from the best in the biz
An opportunity lost is not a capital cost.
  • #35,593
  • Jun 11, 2012 7:49am Jun 11, 2012 7:49am
Quoting PipTrapper
Price broke and closed beyond the 50% fibo line of the move up from Friday's lows, almost kissed 61.8, returned to re-test the 50% fibo and now it's a coin toss. I wouldn't bet on either direction at this point. We're in muddy waters until it breaks above the 50 fibo or below the 61.8 fibo.

However, if I had to bet, I would bet on down.
Wow, didn't notice that one. Lol. Three fibos all within 5 pips of each other.
An opportunity lost is not a capital cost.
  • #35,594
  • Jun 11, 2012 8:02am Jun 11, 2012 8:02am
Quoting balanced2012
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #35,595
  • Jun 11, 2012 8:05am Jun 11, 2012 8:05am
Possible 1m bearish divergence here, im working on trying to spot these better.
An opportunity lost is not a capital cost.
  • #35,596
  • Jun 11, 2012 8:10am Jun 11, 2012 8:10am
Quoting BFSGcapital
Possible 1m bearish divergence here, im working on trying to spot these better.
M1 has bearish divergence.
M5 has bearish hidden divergence.
M15 has an overbought RSX

Good for scalping but not indicative of any moves beyond 30 minutes
Those who say it cannot be done should not interrupt those who are doing it
  • #35,597
  • Jun 11, 2012 8:10am Jun 11, 2012 8:10am
Bearish Gartley on M5, resistance off 7/8 MML
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  • #35,598
  • Jun 11, 2012 8:16am Jun 11, 2012 8:16am
Quoting PipTrapper
M1 has bearish divergence.
M5 has bearish hidden divergence.
M15 has an overbought RSX

Good for scalping but not indicative of any moves beyond 30 minutes
I scalped that 1 min bearish divergence, for +7

I am not seeing the 5m hidden bearish divergence

Edit: Nvm, I see it now.
An opportunity lost is not a capital cost.
  • #35,599
  • Jun 11, 2012 8:17am Jun 11, 2012 8:17am
Anyone follow Dow Jones FX Trader? Care to comment on quality of news?


recent post: 14min ago


DJ FX Trader ‏@djfxtrader Cyprus Must Seek Bailout Within A Matter Of Days-FinMin; Bailout "Exceptionally Urgent"
  • #35,600
  • Jun 11, 2012 8:21am Jun 11, 2012 8:21am
Quoting neuron
Bearish Gartley on M5, resistance off 7/8 MML
Nice
Those who say it cannot be done should not interrupt those who are doing it
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