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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #48,561
  • Aug 21, 2012 1:57am Aug 21, 2012 1:57am
Quoting rekon67
If the breakout invalidate one Time Frame it does not mean it is invalidated other (bigger) TFs. Nothing is wrong in your trade
That's true indeed, in fact it's still a valid demand zone for me, only I feel less happy about it because now we need to go 15-20 or so pips below the 4hr trendline in order to hit it, which seems really ugly technically.
"Don't Panic..."
  • #48,562
  • Aug 21, 2012 1:58am Aug 21, 2012 1:58am
Quoting Chika Kure
allways good tactics for summer. On stock market also.

Yep - 20 pips in 20 mins sure beats yesterday afternoon when it took an hour to grind them out.....now watching to see what The Brits do....
Trading Levels with WRBs
  • #48,563
  • Aug 21, 2012 2:09am Aug 21, 2012 2:09am
Quoting Halifax
That's true indeed, in fact it's still a valid demand zone for me, only I feel less happy about it because now we need to go 15-20 or so pips below the 4hr trendline in order to hit it, which seems really ugly technically.
Aparently less news for EUR and USD, this could lead the pair more high and test 1.244x. Channels are up and short term bullish.

btw: you meant "Demand Zone" or "Supply Zone"
  • #48,564
  • Aug 21, 2012 2:09am Aug 21, 2012 2:09am
Quoting Islander
Yep - 20 pips in 20 mins sure beats yesterday afternoon when it took an hour to grind them out.....now watching to see what The Brits do....
Everyone (or at least the remaining ones) is hyped up over CB intervention in the markets. The Fed has trained the market so well that it responds to the slight hint of liquidity injection, even when they know the chances are low.

It's like the instinctive response of a dog when it hears the faint sound of a dog food bag opening or the sound of a can opener. The dog immediately starts drooling/salivating.

http://findavet.us/wp-content/upload...rdrooling2.jpg
Those who say it cannot be done should not interrupt those who are doing it
  • #48,565
  • Aug 21, 2012 2:13am Aug 21, 2012 2:13am
e/u my first big trade of the day taken several hours earlier was a disaster. My daughter woke me up very early asking how much money i'd made for her following her TRIANGLE observation with the oil, i went short it went long then i countered traded it at the high of a big inside bar, anyway i made her £5 BUT it was very hard work lol.Now she tells me i should not of entered short in the first place. Anyway guys have a good day
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #48,566
  • Aug 21, 2012 2:14am Aug 21, 2012 2:14am
morning, i think thats pavlovs dog trading lol
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #48,567
  • Aug 21, 2012 2:18am Aug 21, 2012 2:18am
Quoting PipTrapper
Everyone (or at least the remaining ones) is hyped up over CB intervention in the markets. The Fed has trained the market so well that it responds to the slight hint of liquidity injection, even when they know the chances are low.

It's like the instinctive response of a dog when it hears the faint sound of a dog food bag opening or the sound of a can opener. The dog immediately starts drooling/salivating.

http://findavet.us/wp-content/upload...rdrooling2.jpg


But

somebody is pushing E/U. I wonder what'll happen after it reach the top!
Attached Image
  • #48,568
  • Aug 21, 2012 2:29am Aug 21, 2012 2:29am
Middle Eastern sellers of dollars and Asian CB's buyer of Aussie spilling over onto E/U.
  • #48,569
  • Aug 21, 2012 2:29am Aug 21, 2012 2:29am
Strong momentum UP... searching for news... nothing so far
  • #48,570
  • Aug 21, 2012 2:31am Aug 21, 2012 2:31am
Quoting catwoman
so... E/U will go to 1,2440 again, then we will see if it leaves a double top or if it gets higher

E/U weekly
Attachment

E/U daily
Attachment

update

E/U made a H1 range, now is trying to break it. good morning all

Weekly
Attached Image (click to enlarge)
Click to Enlarge Name: eu Weekly.jpg Size: 77 KB


Daily
Attached Image (click to enlarge)
Click to Enlarge Name: eu Daily.jpg Size: 44 KB


H4
Attached Image (click to enlarge)
Click to Enlarge Name: eu H4.jpg Size: 39 KB
  • #48,571
  • Aug 21, 2012 2:33am Aug 21, 2012 2:33am
Quoting Chika Kure
Strong momentum UP... searching for news... nothing so far

Look up above ur previous post!
  • #48,572
  • Edited 2:57am Aug 21, 2012 2:34am | Edited 2:57am
Quoting Chika Kure
Strong momentum UP... searching for news... nothing so far
Look in Weekly Chart...
Attached Image (click to enlarge)
Click to Enlarge Name: 2012-08-21_EU Weekly Chart.png Size: 78 KB
Always looking the GREAT, never left GOOD Point...
  • #48,573
  • Aug 21, 2012 2:35am Aug 21, 2012 2:35am
Quoting Chika Kure
Strong momentum UP... searching for news... nothing so far
News are always late.
Thats why you do better trading charts. But of course there will be a lot of different opinions out there Like money flow, reading 1000 emails a day and so on.
But you will always be late.
  • #48,574
  • Aug 21, 2012 2:36am Aug 21, 2012 2:36am
Quoting Chika Kure
Strong momentum UP... searching for news... nothing so far
News has nothing to do with it. It's capital flow related. CBs and other institutions balancing reserves, etc.

Of course it could also be a bank launched raid on the bears to squeeze them out of their shorts and get them buying for the pump and dump.

FOMC minutes tomorrow may be having some influence also.
Those who say it cannot be done should not interrupt those who are doing it
  • #48,575
  • Aug 21, 2012 2:36am Aug 21, 2012 2:36am
Quoting Chika Kure
Strong momentum UP... searching for news... nothing so far
technical move not fundie
  • #48,576
  • Aug 21, 2012 2:36am Aug 21, 2012 2:36am
i am now done for the day e/u up oil up , i traded these simply by going long off past resistance levels on 15 min and 1 hour time frames quite simple. Have a good day and trade well all........................
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #48,577
  • Aug 21, 2012 2:38am Aug 21, 2012 2:38am
nice one, thats good info, take care
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
  • #48,578
  • Aug 21, 2012 2:39am Aug 21, 2012 2:39am
NO ONE see my post as to why the sharp move? I'll stop posting if no one is reading. Stop the d#m speculating and guessing. Just read!
  • #48,579
  • Aug 21, 2012 2:42am Aug 21, 2012 2:42am
Quoting FXSwissTrader
NO ONE see my post as to why the sharp move? I'll stop posting if no one is reading. Stop the d#m speculating and just read!
i see. but i don't agree.
maybe mary obamovski from russia bought some euros and thats why the move comes from. i just dont care WHY the market moves. trade the move and that's it.
  • #48,580
  • Aug 21, 2012 2:42am Aug 21, 2012 2:42am
Quoting FXSwissTrader
NO ONE see my post as to why the sharp move? I'll stop posting if no one is reading. Stop the d#m speculating and guessing. Just read!
I read it. pls don't feel alone.
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