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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #47,021
  • Aug 9, 2012 2:25pm Aug 9, 2012 2:25pm
Quoting FXSwissTrader


Well, we all knew the Germans are against it. I don't know how many more times or how many other ways the market needs to hear it to realize it.
I think the biggest problem is the media. Whether it's Reuters, Bloomberg or CNBC, they are all preaching about how the Germans are conceding, when in fact they are just getting sick and tired of repeating themselves.
Those who say it cannot be done should not interrupt those who are doing it
  • #47,022
  • Edited 3:40pm Aug 9, 2012 2:29pm | Edited 3:40pm
Quoting mka_78
I still didn't try the 660 and 2400, didn't have enough time today for that. but I will used them soon
It's basically the same as the 220EMA and 800EMA from the 15Min TF. It just allows you to see them on the 5 min chart.

Another tip for you: If PA is below both the 220 and 800EMA's on the 15TF, only look for shorting opportunities until one of them is breached. Vice versa if price is above both. The EMA strategy works on all pairs. GL
  • #47,023
  • Aug 9, 2012 2:30pm Aug 9, 2012 2:30pm
watch m15. he cant make it higher.
"I know one thing, that I know nothing." Sokrates
  • #47,024
  • Aug 9, 2012 2:31pm Aug 9, 2012 2:31pm
Quoting PipTrapper
I think the biggest problem is the media. Whether it's Reuters, Bloomberg or CNBC, they are all preaching about how the Germans are conceding, when in fact they are just getting sick and tired of repeating themselves.
I really don't listen to those talking heads. They are whores for the equities market and CB's. No offense to whores.
  • #47,025
  • Aug 9, 2012 2:35pm Aug 9, 2012 2:35pm
Quoting FXSwissTrader
I really don't listen to those talking heads. They are whores for the equities market and CB's. No offense to whores.
True that's exactly what they are. However, I have to listen to them coz that's who the market makers listen to. So in order to properly gauge sentiment, I have to know what the influential factors are.
Those who say it cannot be done should not interrupt those who are doing it
  • #47,026
  • Aug 9, 2012 2:39pm Aug 9, 2012 2:39pm
Quoting PipTrapper
True that's exactly what they are. However, I have to listen to them coz that's who the market makers listen to. So in order to properly gauge sentiment, I have to know what the influential factors are.
True but most of the traders that listen to them are very inexperienced and could get caught with their pants down like when Jim Cramer kept telling people to buy as the market was tanking a few years back. Remember? I see the same script being played on air. Basically preaching a buying opportunity at the top IMO.
  • #47,027
  • Aug 9, 2012 2:47pm Aug 9, 2012 2:47pm
Last NY H4 closes in 15 mins. I hope to see 2287, but it seems price wants to stay here. Ah, I was so close to be rich and now I need to wait for London tomorrow.
"I know one thing, that I know nothing." Sokrates
  • #47,028
  • Aug 9, 2012 2:48pm Aug 9, 2012 2:48pm
Quoting FXSwissTrader
True but most of the traders that listen to them are very inexperienced and could get caught with their pants down like when Jim Cramer kept telling people to buy as the market was tanking a few years back. Remember? I see the same script being played on air. Basically preaching a buying opportunity at the top IMO.
Buy sugar, said bloomberg, but I have enough at home
  • #47,029
  • Aug 9, 2012 2:49pm Aug 9, 2012 2:49pm
Quoting Tom_D_Trader
Last NY H4 closes in 15 mins. I hope to see 2287, but it seems price wants to stay here. Ah, I was so close to be rich and now I need to wait for London tomorrow.
You can get rich everyday, just like me
  • #47,030
  • Aug 9, 2012 2:55pm Aug 9, 2012 2:55pm
Quoting Rag2RichesFX
Good evening/morning folks.

Awaiting PTs analysis

I am short from 75 (might cut it though as we are still above daily pivot)


Edit: already cut my short from 77 for -2

R2R. Please learn patience and have confidence in your trade brother. Let it run it's course. Less trade better quality. More is less.
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  • #47,031
  • Aug 9, 2012 2:55pm Aug 9, 2012 2:55pm
Quoting mka_78
Buy sugar, said bloomberg, but I have enough at home
  • #47,032
  • Aug 9, 2012 2:59pm Aug 9, 2012 2:59pm
Quoting rekon67
;-)
How did the experiment short @ the 220 EMA work out? Hopefully you made some pips Rekon.
  • #47,033
  • Aug 9, 2012 3:00pm Aug 9, 2012 3:00pm
Quoting mka_78
Buy sugar, said bloomberg, but I have enough at home
Reminds me of the time I went to the stationary store to buy a box of staples. I told the clerk I wanted consumer staples because Jim Kramer said that's what I should buy. The clerk just stood there like an idiot with his mouth hanging open while I laughed my ass off.
Those who say it cannot be done should not interrupt those who are doing it
  • #47,034
  • Aug 9, 2012 3:00pm Aug 9, 2012 3:00pm
Well, cya tomorrow. i believe my SL will get hit while I am asleep, but thats the life. Ups and downs.
"I know one thing, that I know nothing." Sokrates
  • #47,035
  • Aug 9, 2012 3:02pm Aug 9, 2012 3:02pm
Quoting Tom_D_Trader
Well, cya tomorrow. i believe my SL will get hit while I am asleep, but thats the life. Ups and downs.
As long as SL is above 2310 plus spread, you should be fine... but then in this market, you never know.
Those who say it cannot be done should not interrupt those who are doing it
  • #47,036
  • Aug 9, 2012 3:03pm Aug 9, 2012 3:03pm
Okay... I'm pretty much done too. I might check in again before heading out on the town or before bedtime.

Good night all.
Those who say it cannot be done should not interrupt those who are doing it
  • #47,037
  • Aug 9, 2012 3:05pm Aug 9, 2012 3:05pm
Quoting PipTrapper
Reminds me of the time I went to the stationary store to buy a box of staples. I told the clerk I wanted consumer staples because Jim Kramer said that's what I should buy. The clerk just stood there like an idiot with his mouth hanging open while I laughed my ass off.
That's cruel PT.
  • #47,038
  • Aug 9, 2012 3:06pm Aug 9, 2012 3:06pm
Quoting PipTrapper
Okay... I'm pretty much done too. I might check in again before heading out on the town or before bedtime.

Good night all.
You're going out of town tomorrow?
  • #47,039
  • Aug 9, 2012 3:07pm Aug 9, 2012 3:07pm
Quoting FXSwissTrader
You're going out of town tomorrow?
No.. Out on the town tonight. Out for coffee and desserts by the sea at night
Those who say it cannot be done should not interrupt those who are doing it
  • #47,040
  • Aug 9, 2012 3:13pm Aug 9, 2012 3:13pm
One more chart before I leave.

My sweet little angel, the US Dollar Index

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Good night
Those who say it cannot be done should not interrupt those who are doing it
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