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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #49,641
  • Aug 23, 2012 9:24am Aug 23, 2012 9:24am
Quoting TRMZXT
you can tell the market feels oversold but doesn't really know how to react. To afraid to buy and trend is not to sell. Small range with a little upside probably. If it does not break todays high on a restest probably going to go down for at least a day or so with a small retest.

Guess it depends on if you're trading intraday or long term. What is ur perceive trend?
  • #49,642
  • Aug 23, 2012 9:25am Aug 23, 2012 9:25am
Quoting Gofer Pips
Thanks Bro'. Long time no see. Hope all well with you!
Hi Gofer, Things are going well except for my misadventure with mirror trading. I thought that following a diverse portfolio of traders with a good track record would yield a positive expectancy and I wouldn't have to work. I was wrong. So I am back to doing it manually.
Kill the ego, or it will kill the mission.
  • #49,643
  • Aug 23, 2012 9:25am Aug 23, 2012 9:25am
Quoting Gofer Pips
Are there none here or am I on "iggy" list?
You are not on my list just not sure of how to read it now

Looks pretty much over for today.
  • #49,644
  • Aug 23, 2012 9:28am Aug 23, 2012 9:28am
looks like someone is still buying the dips?
  • #49,645
  • Aug 23, 2012 9:28am Aug 23, 2012 9:28am
Ok here we go now ... A spike
Lets see where this takes us
  • #49,646
  • Aug 23, 2012 9:28am Aug 23, 2012 9:28am
Quoting Ken A
You are not on my list just not sure of how to read it now

Looks pretty much over for today.
We still have European close of equities and Fx
  • #49,647
  • Aug 23, 2012 9:29am Aug 23, 2012 9:29am
Quoting neuron
looks like someone is still buying the dips?
Lol m15 candle. Boom boom pow.

Inserted Video
"I know one thing, that I know nothing." Sokrates
  • #49,648
  • Aug 23, 2012 9:30am Aug 23, 2012 9:30am
Fibo jumbo under charge.
Attached Image (click to enlarge)
Click to Enlarge Name: fibojumbo.gif Size: 25 KB
"I know one thing, that I know nothing." Sokrates
  • #49,649
  • Aug 23, 2012 9:30am Aug 23, 2012 9:30am
Quoting ProfitsOnly
Ok here we go now ... A spike
Lets see where this takes us
Gotta watch those .xx33, and .xx 66
  • #49,650
  • Aug 23, 2012 9:32am Aug 23, 2012 9:32am
Newswire: Large named buyer of GBP attributed to spill over and sudden E/U spike.
  • #49,651
  • Aug 23, 2012 9:35am Aug 23, 2012 9:35am
Quoting FXSwissTrader
Newswire: Large named buyer of GBP attributed to spill over and sudden E/U spike.
Thanks!

As always, OCD keeps you on top of everything!

ADD: Except the page!
  • #49,652
  • Aug 23, 2012 9:38am Aug 23, 2012 9:38am
Lol Gofer

edit: both UTL and Fibo got rejected on m5.
edit no2: Watch m15 boom boom.
"I know one thing, that I know nothing." Sokrates
  • #49,653
  • Aug 23, 2012 9:40am Aug 23, 2012 9:40am
Newswire : LARGE asset re-allocation trade out of US equities and into U.S Treasuries being reported.
  • #49,654
  • Aug 23, 2012 9:46am Aug 23, 2012 9:46am
Spanish news hitting newswire. No decision is expected before Sept 14th-15th over sovereign aid. They are confirmed in talks with EU regarding aid.

Edit: Spain in talks with Euro-Zone over terms of sovereign aid, according to three sources familiar with the discussions
  • #49,655
  • Aug 23, 2012 9:46am Aug 23, 2012 9:46am
Panic at UTL. Guys draw it if you dont have it there. Just for fun. Just daily closes of this correction. It really is the place we are fighting for right now. watch H1 close now.

edit: Brutal bull forming on H1. Pst, dont tell noone.
"I know one thing, that I know nothing." Sokrates
  • #49,656
  • Aug 23, 2012 9:48am Aug 23, 2012 9:48am
Quoting FXSwissTrader
Spanish news hitting newswire. No decision is expected before Sept 14th-15th over sovereign aid. They are confirmed in talks with EU regarding aid.

Edit: Spain in talks with Euro-Zone over terms of sovereign aid, according to three sources familiar with the discussions
You think it is because of the delay in Germany? They wont make it till 14th - 15th, as far as we agreed so far.

Edit: so, as we know it, it is probably already priced in
"I know one thing, that I know nothing." Sokrates
  • #49,657
  • Aug 23, 2012 9:52am Aug 23, 2012 9:52am
Quoting Tom_D_Trader
Panic at UTL. Guys draw it if you dont have it there. Just for fun. Just daily closes of this correction. It really is the place we are fighting for right now. watch H1 close now.

edit: Brutal bull forming on H1. Pst, dont tell noone.
are we going to breakthrough daily r1 and close H1 above should bring eu to go for daily r2 1.2614?
Wooooohooooo or Boooooohooooo
  • #49,658
  • Aug 23, 2012 9:52am Aug 23, 2012 9:52am
Quoting Tom_D_Trader
You think it is because of the delay in Germany? They wont make it till 14th - 15th, as far as we agreed so far.
Eurozone finance minister meeting is on those dates. No decision to me made until after the meetings. Who knows when they will officially release this info. As far as German Constitutional Court, as I mentioned it's been reported that they will delay the September 12th decision deadline as there has been a confirm new lawsuit brought about the ESM.
  • #49,659
  • Aug 23, 2012 9:52am Aug 23, 2012 9:52am
Spain In Bailout Talks: Reuters

By Jamie Coleman
August 23, 2012 at 14:46 GMT

No final decision has been made to request bailout
No decision expected before Sept 12 at the soonest, EU finmins meet Sept 14/15
Preferred option is EFSF buying Spanish bonds on primary market, ECB buying on secondary
Discussions are held at technical level. focus on conditions and monitoring of aid
Spanish banks unlikely to get emergency liquidity line before the end of September
Remember, Draghi said that Spain must request a bailout and agree to the conditions before the ECB will buy bonds. Some had expected a formal bailout request to come as early as tomorrow after a Spanish cabinet meeting.
Those who say it cannot be done should not interrupt those who are doing it
  • #49,660
  • Aug 23, 2012 9:54am Aug 23, 2012 9:54am
Couldnt help myself.
Attached Image
"I know one thing, that I know nothing." Sokrates
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