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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #43,541
  • Jul 20, 2012 4:04am Jul 20, 2012 4:04am
Quoting Tom_D_Trader
Good morning,

I know those arent perfect doji candles on daily, but you know what I mean.

Btw, I am starting another poker season this Sunday with equity @1/6th of FX capital. Bring it on suckers, muahahahaa.

T
Don't forget to liquor first

http://i.ebayimg.com/t/Bar-Sign-Liqu...L(,zg~~_35.JPG
Those who say it cannot be done should not interrupt those who are doing it
  • #43,542
  • Jul 20, 2012 4:06am Jul 20, 2012 4:06am
Quoting PipTrapper
Don't forget to liquor first
Chach, I am the sober bastard taking your money . Cant drink and count.
"I know one thing, that I know nothing." Sokrates
  • #43,543
  • Jul 20, 2012 4:07am Jul 20, 2012 4:07am
Well folks. The market seems comatose this morning. Perhaps waiting for some comments to come out of the Eurogroup meetings. I wouldn't hold my breath for anything major... just the same verbal diarrhea regurgitated.

I'm heading out for some fresh air and sun.

I'll be back for the NY session.

If the world comes to an end while I'm gone, I'll tell you about it when I come back
Those who say it cannot be done should not interrupt those who are doing it
  • #43,544
  • Jul 20, 2012 4:11am Jul 20, 2012 4:11am
Quoting PipTrapper
Well folks. The market seems comatose this morning. Perhaps waiting for some comments to come out of the Eurogroup meetings. I wouldn't hold my breath for anything major... just the same verbal diarrhea regurgitated.

I'm heading out for some fresh air and sun.

I'll be back for the NY session.

If the world comes to an end while I'm gone, I'll tell you about it when I come back
Have a nice time but remember everytime you go out the euro rises
  • #43,545
  • Jul 20, 2012 4:12am Jul 20, 2012 4:12am
Quoting PipTrapper
Ambrose is extremely biased against the entire Euro project and he tends to spin his stories to support his bias via embellishment and omission. As such, although I do enjoy reading his stories, I don't pay much attention to what he suggests other than to take it into account as a possibility. I do not believe IMF has lost all faith. They definitely are worried, but to suggest that they have lost "all" faith is nothing short of sensational reporting.
PT, whose reports are not bias ? Any recommendations / links ....
  • #43,546
  • Jul 20, 2012 4:15am Jul 20, 2012 4:15am
Quoting mka_78
Have a nice time but remember everytime you go out the euro rises
I think Friday are exceptions.

Anyway, if it does rise, perhaps I will get my sell limit at 1.2360 triggered before the drop.
Those who say it cannot be done should not interrupt those who are doing it
  • #43,547
  • Jul 20, 2012 4:16am Jul 20, 2012 4:16am
Quoting AlwaysLost
PT, whose reports are not bias ? Any recommendations / links ....
Reuters
CNBC
Bloomberg

Those are my favorite 3.

Just Google them.
Those who say it cannot be done should not interrupt those who are doing it
  • #43,548
  • Jul 20, 2012 4:18am Jul 20, 2012 4:18am
Quoting AlwaysLost
PT, whose reports are not bias ? Any recommendations / links ....
Ofc everyone is biased. This is capitalism. If he wasnt biased, he wouldnt get paid. Just read as much as you can. I find best sources TTMYGH, ft.com, and last, but not least Euranalysis and RUT.

T
"I know one thing, that I know nothing." Sokrates
  • #43,549
  • Jul 20, 2012 4:19am Jul 20, 2012 4:19am
Rofl Bloomberg . Mr mayor aint biased for sure.

T
"I know one thing, that I know nothing." Sokrates
  • #43,550
  • Jul 20, 2012 4:21am Jul 20, 2012 4:21am
Quoting PipTrapper
Reuters
CNBC
Bloomberg

Those are my favorite 3.

Just Google them.

Thanks.
  • #43,551
  • Jul 20, 2012 4:21am Jul 20, 2012 4:21am
Damn, I forgot to add PT and sisse to list of information sources. Sry guys. You are the best.

T
"I know one thing, that I know nothing." Sokrates
  • #43,552
  • Jul 20, 2012 4:21am Jul 20, 2012 4:21am
Quoting AlwaysLost
PT, whose reports are not bias ? Any recommendations / links ....
Here is my favorite: http://www.forexfactory.com/showthre...40#post5859640
69
  • #43,553
  • Jul 20, 2012 4:25am Jul 20, 2012 4:25am
Quoting PipTrapper
Reuters
CNBC
Bloomberg


I also watch besides that:
MarketWatch
Oil N' Gold

All articles are biased and many times contradictory... It is up to you as a trader to make a choice what to read / accept / agree or not. Many of them are total BS. But it kills some time.
  • #43,554
  • Jul 20, 2012 4:27am Jul 20, 2012 4:27am
In my opinion, there is a different tone tonight than we've seen in the last few.

During the last few nights, PA had been flirting with overtaking 1.23 but continued to get slapped down pretty hard.

The reaction after yesterday's NY sell-off has felt quite different. The recovery toward 1.23 has been severely muted. PA made an attempt for 1.2290 but was rejected, now it appears that 1.2280 is serving as a rejection zone and visits to that level are being met with sellers faster and faster.

Price is compressing, that's obvious... but it's starting to feel more and more like it's compressing to the downside. I wouldn't be surprised to see a break lower with NY. It's Friday and the week has been rather dull. Nobody expects a decent move... it'd be the perfect time.

I'm off to get some sleep, but will be back for early NY.

Trade safe.
check out my blog: forexmademillionaire dot com
  • #43,555
  • Jul 20, 2012 4:30am Jul 20, 2012 4:30am
Quoting Tom_D_Trader
Ofc everyone is biased. This is capitalism. If he wasnt biased, he wouldnt get paid. Just read as much as you can. I find best sources TTMYGH, ft.com, and last, but not least Euranalysis and RUT.

T
and thank you TOM, I will google around .
  • #43,556
  • Jul 20, 2012 4:32am Jul 20, 2012 4:32am
Btw, I have never tested this thingie, but one of my friends does this for like 6 years. It is more related to sociology than economy, but he uses youtube to get mobile phone videos of people who actually were at the demonstrations. Now I am referring to problems in Lybia, Syria. It is very hard to make a picture of what the hell is going on in there just from local (European) news. He insists it is working perfectly and although the videos disappear quite soon, one or two days after demonstration, he really can see what happened there.

T
"I know one thing, that I know nothing." Sokrates
  • #43,557
  • Jul 20, 2012 4:32am Jul 20, 2012 4:32am
Quoting Likerty
Here is my favorite: http://www.forexfactory.com/showthre...40#post5859640
Thanks.
  • #43,558
  • Jul 20, 2012 4:34am Jul 20, 2012 4:34am
Quoting AlwaysLost
and thank you TOM, I will google around .
I think you cant google TTMYGH. Just subscribe.

T
Attached File(s)
File Type: pdf Hmmm Jul 15 2012.pdf   1.9 MB | 282 downloads
"I know one thing, that I know nothing." Sokrates
  • #43,559
  • Jul 20, 2012 4:37am Jul 20, 2012 4:37am
Quoting Geppy
... PA made an attempt for 1.2290 but was rejected, now it appears that 1.2280 is serving as a rejection zone and visits to that level are being met with sellers faster and faster.
That may be because Gator keeps talking about this level at RUT thread .

Good night.

T
"I know one thing, that I know nothing." Sokrates
  • #43,560
  • Jul 20, 2012 4:39am Jul 20, 2012 4:39am
Quoting ProfitsOnly
let me help pt on this. He explained it 16th time already otherwise.

On a quiet day without much events, price on the spot market tend to be 'sucked' towards the option expiries.
I think that was pretty obvious. It wasn't the depth of answer I was looking for. You'll have to forgive me, I don't hang around this thread or eur/usd thread very often; I didn't realize he gets asked it on a regular basis. I'll find the information myself.
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