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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #38,621
  • Jun 20, 2012 4:39pm Jun 20, 2012 4:39pm
Quoting forexboom
THIS IS MY PERSONAL OPINION

Is about 1 month that I'm here. I'm trading since 2003, futures and FX spot. What I noticed is that 99% of you traders are intraday traders. What I don't understand is WHY since is 20 days that EU is going north, everytime I read some post, almost everyone of you talk about opening a short position. To short the euro, one must be 100% sure that is bearish in his own timeframe. Since 99% of you are daily traders, BE SURE that on daily chart it is bearish. Is 20 days that EU is climbing, WHY are you shorting it. Are...
My Personal Opinion:

We are in a weekly down trend. What we saw the past 20 days was a mixture of a correction and the hopes of QE3. Now that we don't ave any more QE we will resume our downtrend. We didn't break major Weekly & Monthly supports just to go right back up. I hold trades from a few days to a few weeks, and I am happy with my entry points.

I also think most here don't go long because it is similar to catching a falling knife, you never know when it will get worse for the Eurozone.
  • #38,622
  • Jun 20, 2012 4:40pm Jun 20, 2012 4:40pm
Quoting FXSwissTrader
That's what I want to know.


Ok guys. Very late here. Have a good night.
Good Night Swiss! Talk to you tomorrow.

Aloha
  • #38,623
  • Jun 20, 2012 4:50pm Jun 20, 2012 4:50pm
Quoting 100PipsADay
Good Night Swiss! Talk to you tomorrow.

Aloha
Good night everyone

Good night Stephen Harper

http://i26.photobucket.com/albums/c1...hen_harper.jpg
Those who say it cannot be done should not interrupt those who are doing it
  • #38,624
  • Jun 20, 2012 4:50pm Jun 20, 2012 4:50pm
Quoting PipTrapper
Okay that makes 5 of us. Popular trade. Cgb, did you get in too or did you go chicken?
No, I chickened out. Went for a bike ride. But I guess that was good because it's now back to 1.0188 and at resistance. So I might get a better trade later?
I observe your reality but live my own.
  • #38,625
  • Jun 20, 2012 4:52pm Jun 20, 2012 4:52pm
Quoting FXSwissTrader
I think he's busy looking at his mail order bride catalog.
Love that sucking sound when you open the package
I observe your reality but live my own.
  • #38,626
  • Jun 20, 2012 4:52pm Jun 20, 2012 4:52pm
Quoting PipTrapper
Here's one for him

http://asianbeauties.anastasiasaffil...liateID=vmobim
Gwad! What is this?!?! Pick on Claude day??? LOL!
I observe your reality but live my own.
  • #38,627
  • Jun 20, 2012 4:54pm Jun 20, 2012 4:54pm
Quoting FXSwissTrader
I recommend.
Now there's a nice one! My type for sure!
I observe your reality but live my own.
  • #38,628
  • Jun 20, 2012 4:58pm Jun 20, 2012 4:58pm
Quoting PipTrapper
Good night everyone

Good night Stephen Harper

http://i26.photobucket.com/albums/c1...hen_harper.jpg
I observe your reality but live my own.
  • #38,629
  • Jun 20, 2012 4:59pm Jun 20, 2012 4:59pm
Quoting forexboom
THIS IS MY PERSONAL OPINION

Is about 1 month that I'm here. I'm trading since 2003, futures and FX spot. What I noticed is that 99% of you traders are intraday traders. What I don't understand is WHY since is 20 days that EU is going north, everytime I read some post, almost everyone of you talk about opening a short position. To short the euro, one must be 100% sure that is bearish in his own timeframe. Since 99% of you are daily traders, BE SURE that on daily chart it is bearish. Is 20 days that EU is climbing, WHY are you shorting it. Are 20...
i like this post.
Most ppl over here have big short bias. Why? Because PT seeds short bias. Well, same like forexlive.com. Who do you think these guys are workin for?
Yo.

Good trading day.
  • #38,630
  • Jun 20, 2012 5:00pm Jun 20, 2012 5:00pm
Quoting PipTrapper
Good night everyone

Good night Stephen Harper

http://i26.photobucket.com/albums/c1...hen_harper.jpg
Night PT! Take care
  • #38,631
  • Jun 20, 2012 5:02pm Jun 20, 2012 5:02pm
Quoting Cgb
Now there's a nice one! My type for sure!
LOL, I agree!
  • #38,632
  • Jun 20, 2012 5:02pm Jun 20, 2012 5:02pm
Quoting iak_fx
i like this post.
Most ppl over here have big short bias. Why? Because PT seeds short bias. Well, same like forexlive.com. Who do you think these guys are workin for?
Yo.

Good trading day.
I don't think anyone is seeding anything, from a fundamental standpoint it is undeniable that the Eurozone is going through a crisis

I could see how someone inexperienced might be influenced, but if ones trading decisions can be influenced so easily, they need more time on a demo account
  • #38,633
  • Jun 20, 2012 5:04pm Jun 20, 2012 5:04pm
Quoting iak_fx
i like this post.
Most ppl over here have big short bias. Why? Because PT seeds short bias. Well, same like forexlive.com. Who do you think these guys are workin for?
Yo.

Good trading day.
PT is a Position Trader. Comparing him to Day Traders or Scalpers is like comparing apples to oranges.
  • #38,634
  • Jun 20, 2012 5:07pm Jun 20, 2012 5:07pm
Quoting neuron
I don't think anyone is seeding anything, from a fundamental standpoint it is undeniable that the Eurozone is going through a crisis

I could see how someone inexperienced might be influenced, but if ones trading decisions can be influenced so easily, they need more time on a demo account
Well said Neuron.
  • #38,635
  • Jun 20, 2012 5:19pm Jun 20, 2012 5:19pm
,time is precious neuron,dont waste ur time.
Quoting neuron
I don't think anyone is seeding anything, from a fundamental standpoint it is undeniable that the Eurozone is going through a crisis

I could see how someone inexperienced might be influenced, but if ones trading decisions can be influenced so easily, they need more time on a demo account
Allah has permitted trade and has forbidden interest [koran]
  • #38,636
  • Jun 20, 2012 5:22pm Jun 20, 2012 5:22pm
Quoting 100PipsADay
PT is a Position Trader. Comparing him to Day Traders or Scalpers is like comparing apples to oranges.
ur losing ur focus and dont waste ur energy stay the course ur almost there.
Allah has permitted trade and has forbidden interest [koran]
  • #38,637
  • Jun 20, 2012 5:24pm Jun 20, 2012 5:24pm
Quoting drzakir123
ur losing ur focus and dont waste ur energy stay the course ur almost there.
You're right! Thanks Doc
  • #38,638
  • Jun 20, 2012 5:30pm Jun 20, 2012 5:30pm
Quoting 100PipsADay
You're right! Thanks Doc
by the way i made most of my money on long side.if only people understand.i appreciate PT,becos he is consistently short the market and hasnt taken a single long trade,even though market corrected about 400 pips.i admire that and like to develop that kind of discipline.well done PT
Allah has permitted trade and has forbidden interest [koran]
  • #38,639
  • Jun 20, 2012 5:33pm Jun 20, 2012 5:33pm
Quoting drzakir123
by the way i made most of my money on long side.if only people understand.i appreciate PT,becos he is consistently short the market and hasnt taken a single long trade,even though market corrected about 400 pips.i admire that and like to develop that kind of discipline.well done PT
Exactly! Patience is a virtue.

But Congratulations on your success Doc. Always nice to hear about people making money!
  • #38,640
  • Jun 20, 2012 5:38pm Jun 20, 2012 5:38pm
Quoting drzakir123
hi eagle,how ru, long time seeing u,i guess we should be focusing on trading and making money,tell us how ur leaning on the market.
I am good Doc....How are you,bhabi (wifey) and kids...I am still holding my long at 1.2642 stop now moved to 1.2660...I am not bias on long or short , i just trade my charts so right now for me long can give us a good R:R and IMO if it break 1.278 and stay above then on D1 it can go to 1.31....
ADD: I am also long on ej
Bulls Run. Bears Bite. We Profit.
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