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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #46,801
  • Aug 8, 2012 1:21pm Aug 8, 2012 1:21pm
Quoting PipTrapper
Very true.. and you never will.
Who would go against trend? Apart from doc ofc .
"I know one thing, that I know nothing." Sokrates
  • #46,802
  • Aug 8, 2012 1:35pm Aug 8, 2012 1:35pm
hi guys i'm back, i ended up at the equestrian event in london. any way i have some thing for dr zak
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #46,803
  • Aug 8, 2012 1:36pm Aug 8, 2012 1:36pm
Just a reminder to all my fellow traders: We have some major high impact news coming out overnight. Please look at your calendar. BOJ interest rate decision and monetary policy statement. We also have Australia unemployment and a slew of Chinese data. The latter two effecting commodity based currencies. Should really set the tone for early European trading before ECB monthly report is released. Be careful leaving any open positions overnight.
  • #46,804
  • Aug 8, 2012 1:38pm Aug 8, 2012 1:38pm
Quoting Tom_D_Trader
Who would go against trend? Apart from doc ofc .
http://4.bp.blogspot.com/-LiT4Z3KkZ-...600/drevil.png
Those who say it cannot be done should not interrupt those who are doing it
  • #46,805
  • Aug 8, 2012 1:42pm Aug 8, 2012 1:42pm
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DrzAk continuing the compounding experiment for you, i was up to £2 per pip but this trade was put on by a 9 year old girl and she said (quote)i need some money to buy a doll so she put £4 on it lol.I actually phoned her up as i was on my way to london and let her do the deed.and before anyone says anything my bank roll is secure lol, So i guess we are now up an extra £40, if i remember we now have £5+£20 +£40. It gets better. Take care
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #46,806
  • Aug 8, 2012 1:43pm Aug 8, 2012 1:43pm
Quoting Tom_D_Trader
Who would go against trend? Apart from doc ofc .
word has no meaning to me unless i see them in action.for me best to learn is by doing,right or wrong doesnt matter,and there is no such thing as learning without pain.
consider this sufi saying : what the eye see is experience and what the heart see is certainty.
Allah has permitted trade and has forbidden interest [koran]
  • #46,807
  • Aug 8, 2012 1:46pm Aug 8, 2012 1:46pm
Quoting PipTrapper
http://4.bp.blogspot.com/-LiT4Z3KkZ-...600/drevil.png
, you knew I will post this, didnt you? . This is great countertrend trader as well.
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"I know one thing, that I know nothing." Sokrates
  • #46,808
  • Aug 8, 2012 1:48pm Aug 8, 2012 1:48pm
Quoting Tom_D_Trader
, you knew I will post this, didnt you? . This is great countertrend trader as well.
Nice

http://www.newsbiscuit.com/wp-conten...a-dr-evil2.jpg
Those who say it cannot be done should not interrupt those who are doing it
  • #46,809
  • Aug 8, 2012 1:51pm Aug 8, 2012 1:51pm
Quoting billytt
hi guys i'm back, i ended up at the equestrian event in london. any way i have some thing for dr zak
oh no, not again billytt,for me its like been there ,seen there.and please dont waste ur energy on me.my focus is PT,and i am thankful to him for teaching so many things about trend trading and also how fundamental and pa interact and i am still learning and it will be another couple of years learning before i make any money.for the moment i whole focus is to prolong my life as a trader and not making money.ty
Allah has permitted trade and has forbidden interest [koran]
  • #46,810
  • Aug 8, 2012 1:53pm Aug 8, 2012 1:53pm
Europe's 10 Most Dangerous Politicians:

http://www.spiegel.de/international/...-a-848762.html
  • #46,811
  • Aug 8, 2012 1:55pm Aug 8, 2012 1:55pm
Quoting drzakir123
..for the moment i whole focus is to prolong my life as a trader and not making money.ty
Doc, thats the first time I hear such a thing. So yearly target to 0 - 20%? Hats off to you for slowing down, I hope to see you here for longer time.

T
"I know one thing, that I know nothing." Sokrates
  • #46,812
  • Aug 8, 2012 1:59pm Aug 8, 2012 1:59pm
Quoting PipTrapper
That's quite ambitious to be targeting 1.2547 for a sell.
If it does get that high I will certainly join you with a giant hammer.

ADD: Why I feel we won't see 1.2547

1. 1.2440 has proven to be very tough resistance. Three days trying to penetrate it proved fruitless. It's like a solid steel chastity belt. You're not getting in.
2. There is a barrier option at 1.2450 which is well defended. This probably contributed to the strength of 1.2440.
3. 1.2500 is part of a 1.20-1.25 DNT (Double No Touch) barrier...
Thanks, PT. Your reasons sound well thought out (other than #5, possibly). I started reading about Barrier options when I read your reply and I hurt my head.

I was just looking at the chart and it didn't seem like that much of a stretch over the next six or eight weeks for it to pop up there, especially with the American Presidential election coming up and the End Times in the Euro zone making everybody crazy.
  • #46,813
  • Aug 8, 2012 2:02pm Aug 8, 2012 2:02pm
you are a star my friend,My recommendation is to find your own way in trading, i believe you said earlier Page 46793 about not trading certain time frames, This is total newbie talk once you know the market (or try too) you'll know what i mean. My girl trades sometimes and i do not mean the trade today she knows.Keep it simple. take care and may you succeed.
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #46,814
  • Aug 8, 2012 2:02pm Aug 8, 2012 2:02pm
Quoting FXSwissTrader
Europe's 10 Most Dangerous Politicians
Nice article. I especially like the end of it. But honestly, who didnt see that coming? We have learned such a nice definition at school:

"Goal of a bussiness is to maximize profit,
goal of a bureau is to maximize budget,
goal of a politician is to get reelected."

Still the same. And I am short .

T
"I know one thing, that I know nothing." Sokrates
  • #46,815
  • Aug 8, 2012 2:06pm Aug 8, 2012 2:06pm
Quoting FXSwissTrader
Europe's 10 Most Dangerous Politicians:

http://www.spiegel.de/international/...-a-848762.html
Yep.. They are all radical. I like Nigel Farage though. He's cool and makes the most sense out of them all, but still radical.
Those who say it cannot be done should not interrupt those who are doing it
  • #46,816
  • Aug 8, 2012 2:08pm Aug 8, 2012 2:08pm
Quoting pipppindog
Thanks, PT. Your reasons sound well thought out (other than #5, possibly). I started reading about Barrier options when I read your reply and I hurt my head.

I was just looking at the chart and it didn't seem like that much of a stretch over the next six or eight weeks for it to pop up there, especially with the American Presidential election coming up and the End Times in the Euro zone making everybody crazy.
Well I am not suggesting that it cannot go to 1.2550+. I'm just saying that based on what I am looking at right now, it will not be easy to get there.
Those who say it cannot be done should not interrupt those who are doing it
  • #46,817
  • Edited 2:51pm Aug 8, 2012 2:11pm | Edited 2:51pm
Quoting Tom_D_Trader
Doc, thats the first time I hear such a thing. So yearly target to 0 - 20%? Hats off to you for slowing down, I hope to see you here for longer time.

T
thats the great advantage of learning by doing,it teaches u few things in a very proper proper manner,thing etch in ur brain in such a way that u just dont do improper things,no doubt its going to be painful but its worth it.what i learn very properly is undercapitalisation is a very serious issue and loses are the tail end of it.
Allah has permitted trade and has forbidden interest [koran]
  • #46,818
  • Aug 8, 2012 2:11pm Aug 8, 2012 2:11pm
Quoting PipTrapper
Yep.. They are all radical. I like Nigel Farage though. He's cool and makes the most sense out of them all, but still radical.
I like Nigel Farage too. Seems to me Der Spiegel is pro Euro. I don't disagree with the Bavarian Finance minister though. If they had not changed the rules of the game, Greece and other high indebted countries would not have been permitted to join. The German and French Gov't are the one's to blame for lowering the standards. Great video here.

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  • #46,819
  • Aug 8, 2012 2:14pm Aug 8, 2012 2:14pm
a little OT but hillarious:

http://www.businessinsider.com/pleas...S_mcf_20120808

  • #46,820
  • Aug 8, 2012 2:31pm Aug 8, 2012 2:31pm
i'm watching you, E/U. you can go higher
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