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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #49,181
  • Aug 22, 2012 10:25am Aug 22, 2012 10:25am
Quoting Ken A
Pending issues.


http://www.forexfactory.com/attachme...1&d=1344530088

LOOOOOOOOOL!!! I CANT STOP LAUGHING
  • #49,182
  • Aug 22, 2012 10:25am Aug 22, 2012 10:25am
Stop to break even! Free trades are the best. I like your sources PT! Haven't steered me wrong the last 2 days
  • #49,183
  • Aug 22, 2012 10:26am Aug 22, 2012 10:26am
Quoting FXSwissTrader
S&P ratings agency says possible Spain bailout has no ratings impact.
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Wonder how that works. Guess it's kinda hard to lower something that's already junk IMO.
Inflation in things we need, Deflation in things we want.
  • #49,184
  • Aug 22, 2012 10:27am Aug 22, 2012 10:27am
Quoting PipTrapper
As expected, price did not manage to get far. Now dbl top at 1.2488. A break below 1.2430 targets 1.2370/80

yep excellent targets. Will play the bounce as well. Then look for a continuation down or fail to go back up.
  • #49,185
  • Aug 22, 2012 10:29am Aug 22, 2012 10:29am
Quoting FXSwissTrader
S&P ratings agency says possible Spain bailout has no ratings impact.
--------------------------------------------------------------------------

Wonder how that works. Guess it's kinda hard to lower something that's already junk IMO.

I think the whole lowering the rating though still news has lost a little fo it's punch with all the intervention. If they stood alone would be a different story.
  • #49,186
  • Aug 22, 2012 10:32am Aug 22, 2012 10:32am
ok guys carry on, use the sale button often and forget about being over leavereged for today. Keep up the pressure Am off now.
  • #49,187
  • Aug 22, 2012 10:32am Aug 22, 2012 10:32am
Quoting FXSwissTrader
S&P ratings agency says possible Spain bailout has no ratings impact.
--------------------------------------------------------------------------

Wonder how that works. Guess it's kinda hard to lower something that's already junk IMO.


All that's left is to crush it, and that's the market's job... not the rating agency.

http://lotpro.com/blogphotos/Misc%20...20cars%201.jpg

Argentina is in there somewhere. Make room for Greece and Spain boys. They'll be along shortly.
Those who say it cannot be done should not interrupt those who are doing it
  • #49,188
  • Aug 22, 2012 10:32am Aug 22, 2012 10:32am
Quoting PipTrapper
I'm targeting 1.2280. It could go lower though. I'm just being conservative.

I am targeting the trend line with the nearest 25 mark as a final TP. Initial take profit will be 1.2375. Then second leg the trend line. Probably bounce a little and see if it continues and jump back in off a weak jump up against that initial trend line etc... Would not be surprised to see a fall below and hit the 1.2250 S/R. for a hard bounce and possibbly a little ranging. who knows.

Everyone and their momma is looking to sell IMO.
  • #49,189
  • Aug 22, 2012 10:34am Aug 22, 2012 10:34am
Quoting CarsonS9
Stop to break even! Free trades are the best. I like your sources PT! Haven't steered me wrong the last 2 days
I would warn you to be extremely careful relying on anyone solely to give you trading signals. PT will agree as he has said many times, he is not a signal service. Take the info being posted anywhere with a grain of salt and use it if you will wisely with your trading strategy, and more importantly, trade at your own conviction. If things go wrong, there's no one to blame but yourself. Just my op.
  • #49,190
  • Aug 22, 2012 10:34am Aug 22, 2012 10:34am
Quoting CarsonS9
Stop to break even! Free trades are the best. I like your sources PT! Haven't steered me wrong the last 2 days
Sources are not always right but I have a strong feeling about this one. Let's hope he's right. If so, I'll owe him one.
Those who say it cannot be done should not interrupt those who are doing it
  • #49,191
  • Aug 22, 2012 10:36am Aug 22, 2012 10:36am
Quoting PipTrapper
Greek FinMin: We need more time, not more money

Me: Time IS money you dufus.
My family laughed at this
Do what you are afraid to do -Emerson
  • #49,192
  • Aug 22, 2012 10:37am Aug 22, 2012 10:37am
Quoting FXSwissTrader
I would warn you to be extremely careful relying on anyone solely to give you trading signals. PT will agree as he has said many times, he is not a signal service. Take the info being posted anywhere with a grain of salt and use it if you will wisely with your trading strategy, and more importantly, trade at your own conviction. If things go wrong, there's no one to blame but yourself. Just my op.
I fully agree with Swissy.
I think in this case though, it was a short at 1.2481 with a very tight stop targeting the dips. Is that correct Carson?
Those who say it cannot be done should not interrupt those who are doing it
  • #49,193
  • Aug 22, 2012 10:38am Aug 22, 2012 10:38am
Quoting rekon67
ok guys carry on, use the sale button often and forget about being over leavereged for today. Keep up the pressure Am off now.
Lol thats just made me laugh. Im massively over leveraged and up the creek without a paddle if she goes any higher. Recent jumps have near enough given me a heart attack today
  • #49,194
  • Aug 22, 2012 10:44am Aug 22, 2012 10:44am
Quoting PipTrapper
I fully agree with Swissy.
I think in this case though, it was a short at 1.2481 with a very tight stop targeting the dips. Is that correct Carson?
That's right. I didn't base my trade just on your source of course. More a joke than anything. I have had 1.2481 as a supply zone on my charts for awhile. Anyway, that 1.2460 level seems to give things a pause and to be honest I had a higher lot size than usual for this trade so only getting halfway to my target was good enough for me so I am out. Appreciate the advice PT and Swiss and totally agree. Never rely on anyone but yourself. Of course it doesn't hurt to read your opinions though as you guys have been doing this a lot longer than me. Pips to all!
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  • #49,195
  • Aug 22, 2012 10:46am Aug 22, 2012 10:46am
EFSF request bank proposals for September bond issue according to a source.
  • #49,196
  • Aug 22, 2012 10:48am Aug 22, 2012 10:48am
Quoting Globetrotter
Lol thats just made me laugh. Im massively over leveraged and up the creek without a paddle if she goes any higher. Recent jumps have near enough given me a heart attack today
tsk tsk re: over leveraged. I hope it's a small account.
Those who say it cannot be done should not interrupt those who are doing it
  • #49,197
  • Aug 22, 2012 10:51am Aug 22, 2012 10:51am
EU Juncker and Greece's Samaras getting ready for joint news conference. Hold onto your hats.
  • #49,198
  • Aug 22, 2012 10:53am Aug 22, 2012 10:53am
having good expectations about FOMC to short the shit out of euro or not
How to Win at Sports Betting: DON'T DO IT!
  • #49,199
  • Aug 22, 2012 10:54am Aug 22, 2012 10:54am
Quoting FXSwissTrader
EU Juncker and Greece's Samaras getting ready for joint news conference. Hold onto your hats.
Quick.. get that compressor and the cylinders ready. I want to capture their methane gas and sell it. Have you see the price of gas lately? Can't let that s**t go to waste

http://www.equipoutdoors.co.nz/conte...s_cylinder.jpg
Those who say it cannot be done should not interrupt those who are doing it
  • #49,200
  • Aug 22, 2012 10:56am Aug 22, 2012 10:56am
I see the methane is already being released.

Hope you got some deeeep pockets, dude

Written by Jamie Coleman
August 22, 2012 at 15:37 GMT

Greece’s PM Samaras says he personally guarantees the repayment of rescue funds in an interview with Sueddeutsche Zeitung.

How many billions does Samaras have in his Swiss account to make that guarantee?

Greek exit from euro would be catastrophic, bad for Europe
We will deliver on reforms
Greece could bridge gap if next aid tranche released later than October
Greece would be broke if it does not get the aid at all
Those who say it cannot be done should not interrupt those who are doing it
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