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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #40,441
  • Jun 28, 2012 10:11pm Jun 28, 2012 10:11pm
Its about a 100 - 120 pips spike on all usd pairs and euro is above 160
  • #40,442
  • Jun 28, 2012 10:13pm Jun 28, 2012 10:13pm
I'm just glad I was at my computer to cancel my trades. I said I wasn't trading the summit but I thought my pending sell limits were far enough away that I could leave them, I was wrong haha.

Not sure if this gets faded, but I'm going to let the dust settle.
"Don't Panic..."
  • #40,443
  • Jun 28, 2012 10:14pm Jun 28, 2012 10:14pm
Quoting gnomoneey
no substance on this comment all hype ...cgb are you ok with your trade
I was doing my evening stuff ready to go to bed (11:10 pm here) and thought I'd have one more look before closing the computer. Both sell limits have been triggered 2460 and 2490. Looking at red pips right now.

Let's here what Merkel has to say whe she actually makes a comment as to how the day went. She left without making comments.
I observe your reality but live my own.
  • #40,444
  • Jun 28, 2012 10:14pm Jun 28, 2012 10:14pm
What happened to Merkel's "over my dead body" thingy? Hilarious
  • #40,445
  • Jun 28, 2012 10:14pm Jun 28, 2012 10:14pm
does anyone think this is going further or is the massive wave over now and its just about getting it under control because the pull back (retrace) is going to be good to trade.
  • #40,446
  • Jun 28, 2012 10:16pm Jun 28, 2012 10:16pm
Quoting Cgb
I was doing my evening stuff ready to go to bed (11:10 pm here) and thought I'd have one more look before closing the computer. Both sell limits have been triggered 2460 and 2490. Looking at red pips right now.

Let's here what Merkel has to say whe she actually makes a comment as to how the day went. She left without making comments.
well your ucad is in green?
this nr is pure manipulation of market and very suspicious
Wooooohooooo or Boooooohooooo
  • #40,447
  • Jun 28, 2012 10:16pm Jun 28, 2012 10:16pm
Quoting amr10000
does anyone think this is going further or is the massive wave over now and its just about getting it under control because the pull back (retrace) is going to be good to trade.
London could push this puppy further up unless the hopium is stomped by Merkel.
I observe your reality but live my own.
  • #40,448
  • Jun 28, 2012 10:17pm Jun 28, 2012 10:17pm
Quoting gnomoneey
no substance on this comment all hype ...cgb are you ok with your trade

If no substance then will see this come down and as PT says the higher it goes the better chance to get in on a down move. So now it will depend on what is said over the next few hours or days i guess
  • #40,449
  • Jun 28, 2012 10:17pm Jun 28, 2012 10:17pm
Quoting PipTrapper
If you ask me I'd say this move is nothing more than a divergence between the technicals and fundamentals correcting itself. Price needs to correct, so why not use a highly speculative guess as the reason to do it... Like perhaps price has to go back up to test the 61.8 fibo as resistance before it continues the down trend ???

E/U H4
Attachment
You were right! All sell limit got hit at 1.2465 w/ SL 1.2565 and the it spiked to 1.2620
  • #40,450
  • Jun 28, 2012 10:17pm Jun 28, 2012 10:17pm
Quoting Cgb
I was doing my evening stuff ready to go to bed (11:10 pm here) and thought I'd have one more look before closing the computer. Both sell limits have been triggered 2460 and 2490. Looking at red pips right now.

Let's here what Merkel has to say whe she actually makes a comment as to how the day went. She left without making comments.
It'll get back down there eventually I think
  • #40,451
  • Jun 28, 2012 10:17pm Jun 28, 2012 10:17pm
2611 is my weekly pivot and then comes the monthly at 2660...don't know if it goes throught all of that....i will let it come down and then buy it.
  • #40,452
  • Jun 28, 2012 10:18pm Jun 28, 2012 10:18pm
Quoting gnomoneey
well your ucad is in green?
this nr is pure manipulation of market and very suspicious
Nope, 26 pips in the red so far.
I observe your reality but live my own.
  • #40,453
  • Jun 28, 2012 10:19pm Jun 28, 2012 10:19pm
Quoting amr10000
If no substance then will see this come down and as PT says the higher it goes the better chance to get in on a down move. So now it will depend on what is said over the next few hours or days i guess
why release in asian morning...wth asian have to do with euro news...should have been released after the summit not 6 hrs later...
Wooooohooooo or Boooooohooooo
  • #40,454
  • Jun 28, 2012 10:19pm Jun 28, 2012 10:19pm
Quoting gnomoneey
"....this nr is pure manipulation of market and very suspicious"
You think this is because they know that when merkel speaks that things will be differant????
  • #40,455
  • Jun 28, 2012 10:19pm Jun 28, 2012 10:19pm
Another thing i noticed...the monthly candle was a bearish candle and now it's bullish.
  • #40,456
  • Jun 28, 2012 10:21pm Jun 28, 2012 10:21pm
Does Somebody know exactly why the market moved like that?
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #40,457
  • Jun 28, 2012 10:22pm Jun 28, 2012 10:22pm
Quoting Luis Carlos
Does Somebody know exactly why the market moved like that?
Van Rompuy: first report on euro integration road map set for October
From forexlive.com
http://www.forexfactory.com/images/misc/news_quote.gif Says leaders discusses short-term measures and a long-term vision at the Summit. He says proposals for a sing bank supervisory mechanism to come shortly. Future of EMU ‘will make euro irreversible’. Separately, Hollande said ‘good decisions’ on short-term measures were taken. Merkel leaves summit without comment.

one min after posted on ff move started
Wooooohooooo or Boooooohooooo
  • #40,458
  • Jun 28, 2012 10:23pm Jun 28, 2012 10:23pm
Price was right at 61.8 fib which was the recent high and low from 1.2747 high to low of 1.2288...so i was keeping an eye on this and had a feeling this was going to reverse and it sure did.
  • #40,459
  • Jun 28, 2012 10:26pm Jun 28, 2012 10:26pm
Quoting amr10000
You think this is because they know that when merkel speaks that things will be differant????
what i'm saying why release now than 6 hrs ago...chinese or jap trading for all stops and then accumulate eu shorts]
Wooooohooooo or Boooooohooooo
  • #40,460
  • Jun 28, 2012 10:26pm Jun 28, 2012 10:26pm
Quoting gnomoneey
Van Rompuy: first report on euro integration road map set for October
From forexlive.com
http://www.forexfactory.com/images/misc/news_quote.gif Says leaders discusses short-term measures and a long-term vision at the Summit. He says proposals for a sing bank supervisory...
Ty bro. That is what I call a BEAR TRAP!!!
Stocktwit: LuisCarlos - twitter: @lcparodi
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