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EurAnalysis Kindergarten 24 replies

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  • #40,221
  • Jun 28, 2012 7:49am Jun 28, 2012 7:49am
Quoting drzakir123
its dangerous but again u have adventerous spirit and its the only way to keep one sane.i missed that 1.2460 by couple of pips
Doc, wasn't it you early this morning who also took counter trend trades? Yes, they are typically not a good thing to do, my risk is minimal and it's more of a bait trade. I have a sell limit also waiting at 1.2460
I observe your reality but live my own.
  • #40,222
  • Jun 28, 2012 7:51am Jun 28, 2012 7:51am
Quoting Cgb
Nice!
It has been good day in terms of catching tops, earlier limit order was hit at 1.2520, cashed out 75% at 1.2420.

and reloaded 50% at 1.2460, cashed out 25% at 2423. now waiting..

expecting it to retest 2460
  • #40,223
  • Jun 28, 2012 7:51am Jun 28, 2012 7:51am
Break time for me. Was up very late partying last night so it's time for an afternoon nap.

Wake me if the EU Summit miraculously comes up with a plan to make a plan to fix the previous plan to make a plan to do nothing.
Those who say it cannot be done should not interrupt those who are doing it
  • #40,224
  • Jun 28, 2012 7:52am Jun 28, 2012 7:52am
Quoting 5percent
Nice, i also always look at USDX 1 hour to make entries, on long/short.
It's only one of the things I look at. But there's always clear resistance/support levels and 83.000 is one of them. We have not been at these levels since August of 2010. I mostly focus on the daily for confirmation of levels.
I observe your reality but live my own.
  • #40,225
  • Jun 28, 2012 8:00am Jun 28, 2012 8:00am
Quoting The_Genious
It has been good day in terms of catching tops, earlier limit order was hit at 1.2520, cashed out 75% at 1.2420.

and reloaded 50% at 1.2460, cashed out 25% at 2423. now waiting..

expecting it to retest 2460
Well done! Those are key levels to watch.

I didn't get the expected swings I thought I would from the GDP news (as far as price movement) but NY is going to open in 30 minutes.

I've also moved my long stop to BE.
I observe your reality but live my own.
  • #40,226
  • Jun 28, 2012 8:01am Jun 28, 2012 8:01am
Quoting Cgb
Doc, wasn't it you early this morning who also took counter trend trades? Yes, they are typically not a good thing to do, my risk is minimal and it's more of a bait trade. I have a sell limit also waiting at 1.2460
hey Cgb i am not critising u i was just appreciating ur spirit.ur a good trader.just ignore me.
Allah has permitted trade and has forbidden interest [koran]
  • #40,227
  • Jun 28, 2012 8:02am Jun 28, 2012 8:02am
Quoting PipTrapper
Break time for me. Was up very late partying last night so it's time for an afternoon nap.

Wake me if the EU Summit miraculously comes up with a plan to make a plan to fix the previous plan to make a plan to do nothing.
... and how do we get a hold of you if this miracle occurs???
I observe your reality but live my own.
  • #40,228
  • Jun 28, 2012 8:03am Jun 28, 2012 8:03am
Quoting drzakir123
hey Cgb i am not critising u i was just appreciating ur spirit.ur a good trader.
I know Doc, I was just pulling your leg joking
I observe your reality but live my own.
  • #40,229
  • Jun 28, 2012 8:10am Jun 28, 2012 8:10am
Quoting Cgb
I know Doc, I was just pulling your leg joking
i am now just like a rabbit caught in the headlight.i am just flat now and will watch from sideline.and i have to run now will see u guys later in the evening.everyone be careful market is in flux,dont get caught on the wrong side.


Tom ur right i think i dont know the starting point of panic.ur spot on.i have to work on it.thank u for the feed back.
Allah has permitted trade and has forbidden interest [koran]
  • #40,230
  • Jun 28, 2012 8:12am Jun 28, 2012 8:12am
Quoting Cgb
Well done! Those are key levels to watch.

I didn't get the expected swings I thought I would from the GDP news (as far as price movement) .....
But if Swisstrader was correct that positive 2% price index increase lessens QE chances, then this would be mildly $ positive and lessen any increases you may have expected?
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The spoken word is your master, the unspoken word your slave.
  • #40,231
  • Jun 28, 2012 8:13am Jun 28, 2012 8:13am
usd/cad reaching 1.03

interesting to see such movement on cad but not much in euro
  • #40,232
  • Jun 28, 2012 8:15am Jun 28, 2012 8:15am
Quoting neuron
usd/cad reaching 1.03

interesting to see such movement on cad but not much in euro
yes i noticed that and i've just taken 50% partial profit from 1.0167
  • #40,233
  • Jun 28, 2012 8:19am Jun 28, 2012 8:19am
that was quite some PA, had me scrambling to search news and twitter what the hell is happening, still not 100% sure

there was a positive comment by ECB Constancio "ECB non standard measures an unquestioned success"


watever the hell that means
  • #40,234
  • Jun 28, 2012 8:21am Jun 28, 2012 8:21am
Quoting CommercialB
But if Swisstrader was correct that positive 2% price index increase lessens QE chances, then this would be mildly $ positive and lessen any increases you may have expected?
You're right! Positive $ would push the Euro down. Gwad I still get that screwed up! I'm too much of a TA guy!
I observe your reality but live my own.
  • #40,235
  • Jun 28, 2012 8:21am Jun 28, 2012 8:21am
Looks like the DXY is making nice gains, following a gann angle
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  • #40,236
  • Jun 28, 2012 8:23am Jun 28, 2012 8:23am
Quoting mka_78
yes i noticed that and i've just taken 50% partial profit from 1.0167



Quoting neuron
that was quite some PA, had me scrambling to search news and twitter what the hell is happening, still not 100% sure

there was a positive comment by ECB Constancio "ECB non standard measures an unquestioned success"


watever the hell that means
maybe just a good ol' shakeout http://www.forumsextreme.com/images2/sBo_bouncing.gif
  • #40,237
  • Jun 28, 2012 8:25am Jun 28, 2012 8:25am
Quoting neuron
Looks like the DXY is making nice gains, following a gann angle
LOL!!!, OH REALLY???

following an angle are we......LOL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
  • #40,238
  • Jun 28, 2012 8:25am Jun 28, 2012 8:25am
Crude dropping like a rock here. Down a full $1 in the last 30 minutes....
I observe your reality but live my own.
  • #40,239
  • Jun 28, 2012 8:26am Jun 28, 2012 8:26am
Quoting neuron





maybe just a good ol' shakeout http://www.forumsextreme.com/images2/sBo_bouncing.gif
Love it!
I observe your reality but live my own.
  • #40,240
  • Edited 8:57am Jun 28, 2012 8:28am | Edited 8:57am
hi guys, thanks a lot for all your inputs for newbies like us...

just a simple query for a trade in any pair.....what lot size do you guys trade..say 5 or 10 lot per trade, say assuming you have an account of USD 10k as principal fund lying there...i see you folks outting large SL & then putting long limits to close the trade...what do you suggest for newbies like me....thx...
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