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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #42,001
  • Jul 10, 2012 5:26am Jul 10, 2012 5:26am
Quoting catwoman
this one
Dollar Index almost in a threshold of breaking at the moment.
  • #42,002
  • Jul 10, 2012 5:27am Jul 10, 2012 5:27am
Good morning folks,

Closed my long last night at 1.2320 and opened a short at 1.2318 as it peaked on the 15M raising channel just before the Asian session. Seeing that we had a hard time closing above daily pivot yesterday, I didn't think Asian would push it up much more.

London on the other hand, just pushed it back up to the top of the channel where I added another short at 1.2330.

I'm not entirely convinced anymore that we are going to see 1.2360, so I'd rather start my short positions in case we don't get there. I still have two sell limit orders further up at 1.2360 and 1.2420 (which I'll probably kill the 1.2420).

I've also taken a short on crude at 85.50 and gold is stuggling to move above 1600.

USDX posted a close below 83.255 and is trying to move back above it. This I consider a key level. We bounced nicely at that level last night and it has become resistance now. Next support level is at 83.000 and after that at 82.500.

As I write this a nice H&S is forming on the E/U chart.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_Jul10_0609.gif Size: 153 KB
I observe your reality but live my own.
  • #42,003
  • Jul 10, 2012 5:28am Jul 10, 2012 5:28am
Quoting rekon67
!
I observe your reality but live my own.
  • #42,004
  • Jul 10, 2012 5:35am Jul 10, 2012 5:35am
Quoting rekon67
Dollar Index almost in a threshold of breaking at the moment.
do you think it will break down? why?
  • #42,005
  • Jul 10, 2012 5:43am Jul 10, 2012 5:43am
Quoting Cgb
Good morning folks,

Closed my long last night at 1.2320 and opened a short at 1.2318 as it peaked on the 15M raising channel just before the Asian session. Seeing that we had a hard time closing above daily pivot yesterday, I didn't think Asian would push it up much more.

London on the other hand, just pushed it back up to the top of the channel where I added another short at 1.2330.

I'm not entirely convinced anymore that we are going to see 1.2360, so I'd rather start my short positions in case we don't get there. I still have two sell...
Morning bud. This ranging back and forth is taking a toll on me!
  • #42,006
  • Jul 10, 2012 5:51am Jul 10, 2012 5:51am
USDx.. day picture at Quad.. fibocluster.. clusterfiboext.. and multi timepivot frame resistance ...also previous hi completed a full square of the Gann 144 square
Attached Image (click to enlarge)
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  • #42,007
  • Jul 10, 2012 5:52am Jul 10, 2012 5:52am
Quoting FXSwissTrader
Morning bud. This ranging back and forth is taking a toll on me!
No kidding. Just got stopped out on my crude -30 Maybe best to just sit on our hands for a while, or like PT, go to the beach and try to pick bottoms
I observe your reality but live my own.
  • #42,008
  • Jul 10, 2012 5:57am Jul 10, 2012 5:57am
Quoting Cgb
No kidding. Just got stopped out on my crude -30 Maybe best to just sit on our hands for a while, or like PT, go to the beach and try to pick bottoms
Sorry bro. I'm still in crude and gold. 4hr signals.

Unfortunately there isn't a beach here. There are some nude babes laying out though. Quite normal here actually.
  • #42,009
  • Jul 10, 2012 6:04am Jul 10, 2012 6:04am
Quoting catwoman
do you think it will break down? why?
Retraced down well from the Major Resistance. Now 82.75 is holding. Technically 82.75 is the Mean of 50 Regression.

In summation we need to wait and see how this H4 close. Usd down below 82.75 and E/U up to touch 1.2360 area.

Otherwise repeating the Monday range.
Attached Image (click to enlarge)
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  • #42,010
  • Jul 10, 2012 6:08am Jul 10, 2012 6:08am
Quoting danc
USDx.. day picture at Quad.. fibocluster.. clusterfiboext.. and multi timepivot frame resistance ...also previous hi completed a full square of the Gann 144 square
ya, if dont break up, leaves a double top, thats what i said.
but
broke up the area 1. why not break up the area 2?
Attached Image (click to enlarge)
Click to Enlarge Name: DX Daily.jpg Size: 103 KB
  • #42,011
  • Jul 10, 2012 6:11am Jul 10, 2012 6:11am
Quoting rekon67
Retraced down well from the Major Resistance. Now 82.75 is holding. Technically 82.75 is the Mean of 50 Regression.

In summation we need to wait and see how this H4 close. Usd down below 82.75 and E/U up to touch 1.2360 area.

Otherwise repeating the Monday range.
ok thank you see what i said above, please.
  • #42,012
  • Jul 10, 2012 6:17am Jul 10, 2012 6:17am
I don't know WTH is going on with my Gold chart. Only shows 5 min TF and 4Hr Tf and up. Every other TF(15, 30, 1hr) shows like the screen is shrunk down to size like when you hold the right mouse button over price scale and drag it down. Anyone know how to fix? I've restarted MT4 and nothing. Changed template, nothing.
  • #42,013
  • Jul 10, 2012 6:17am Jul 10, 2012 6:17am
Quoting catwoman
ya, if dont break up, leaves a double top, thats what i said.
but
broke up the area 1. why not break up the area 2?
Area 2 is 83.30, critical demand zone, daily candle formation is showing me an Evening Star and the next candle is obvious down, so am looking for more retrace down to dollar index in next session.
  • #42,014
  • Jul 10, 2012 6:20am Jul 10, 2012 6:20am
Quoting FXSwissTrader
I don't know WTH is going on with my Gold chart. Only shows 5 min TF and 4Hr Tf and up. Every other TF(15, 30, 1hr) shows like the screen is shrunk down to size like when you hold the right mouse button over price scale and drag it down. Anyone know how to fix? I've restarted MT4 and nothing. Changed template, nothing.
1. Close MT4
2. Go to the History folder and then the folder related to the server your live account is on
3. Delete all files starting with XAUUSD
4. Start MT4
Those who say it cannot be done should not interrupt those who are doing it
  • #42,015
  • Jul 10, 2012 6:27am Jul 10, 2012 6:27am
Quoting PipTrapper
1. Close MT4
2. Go to the History folder and then the folder related to the server your live account is on
3. Delete all files starting with XAUUSD
4. Start MT4
PT. Unfortunately there are no files starting with XAUUSD.
  • #42,016
  • Jul 10, 2012 6:28am Jul 10, 2012 6:28am
Quoting FXSwissTrader
PT. Unfortunately there are no files starting with XAUUSD.
... or whatever the symbol for your gold pair is
Those who say it cannot be done should not interrupt those who are doing it
  • #42,017
  • Jul 10, 2012 6:29am Jul 10, 2012 6:29am
Quoting rekon67
Area 2 is 83.30, critical demand zone, daily candle formation is showing me an Evening Star and the next candle is obvious down, so am looking for more retrace down to dollar index in next session.
can be...
now i see no evidence to not finally break up the area 2
  • #42,018
  • Jul 10, 2012 6:32am Jul 10, 2012 6:32am
Quoting catwoman
can be...
now i see no evidence to not finally break up the area 2
My vote is not breaking the area2 today.
  • #42,019
  • Jul 10, 2012 6:33am Jul 10, 2012 6:33am
Quoting Wulfgar
Hey guys.....
Since it began trading at about 1.1700 in January 1999, the Euro has ranged from 0.823 cents in 2000 to 1.6038 in (July) 2008.
Hey Wulf. You are right with the starting date beeing January 1999. But since I am nerd and wanted more data, I have mined this timeserie, which is starting at early 1992.

On 7th February 1992, leaders of European Economic Community signed Maastrich treaty. I think it was since then, when ECU has worked. This was predecessor of EUR and was only accounting currency. Anyway, my previous broker had Deutsche bank as a liquidity provider and they have been using basket of currencies pre 1999, to set value of EUR.

So ofc I have saved the timeserie and have it in my computer. So, untill 2009, when my previous account crashed, those are Deutschebank data (adjusted by DD broker) since 2009, those are JPMorgan data (Adjusted by another DD broker). Anyway, the important part is 1993 - 1999 ECU basket.

I hope you will find it usefull,

T
Attached File(s)
File Type: xls 4rainman.xls   690 KB | 271 downloads
"I know one thing, that I know nothing." Sokrates
  • #42,020
  • Jul 10, 2012 6:33am Jul 10, 2012 6:33am
Quoting PipTrapper
... or whatever the symbol for your gold pair is
I don't have any files in history that contain commodities.
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