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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #50,481
  • Aug 28, 2012 9:51am Aug 28, 2012 9:51am
Quoting rekon67
Aint you always wondered about "Inverse Underwear" pattern?

Edit : Top of the Page with useless line
Is this the start of Rekon's inverse underwear formation?
I observe your reality but live my own.
  • #50,482
  • Aug 28, 2012 9:52am Aug 28, 2012 9:52am
Quoting Gofer Pips
Nope, been going on for almost 1 year now
Not quite 1 year yet...


Quoting Gofer Pips
Maybe, maybe not.....but I will short this sucker on rallies and get a little at a time, or be in for a biggie drop, and I will buy AUDUSD on risk.

EDIT: I got FX top of page!
Those who say it cannot be done should not interrupt those who are doing it
  • #50,483
  • Aug 28, 2012 9:53am Aug 28, 2012 9:53am
Quoting FXSwissTrader
The naked Virgin was already popped earlier at 1.2560. 1.2590 was a spike high on that previous day's(last week's high) overshoot to the value high area.
Hey! Once you've popped the virgin at lower levels, you're not supposed to popped it again higher! That's ... Errrr ... Double dipping?
I observe your reality but live my own.
  • #50,484
  • Aug 28, 2012 9:53am Aug 28, 2012 9:53am
Quoting rekon67
With Price Action do you also watch Inside bar formation?
Nope, please tell me what is that. I am watching only relative and absolute strenght of trends and corrections on several timeframes + a few more stats.

T
"I know one thing, that I know nothing." Sokrates
  • #50,485
  • Aug 28, 2012 9:56am Aug 28, 2012 9:56am
Quoting Tom_D_Trader
So, m15 spoiling the bull run. H1 may not close high enough to make a break now.

I hear you Swiss, and you may be right. Nevertheless, those are just indicators, I am watching price. And as I said already, we should be forming range before Jackson Hole. I really dont get why are bulls still trying to press up. Those are some fake fiat money fuelling the market, for sure . Can I have some please?

T
Sorry bro. I agree to disagree. They are not based on indicator. Unless you consider a method of charting to be a type of indicator, then the response to your statement has to be "No". MP is firstly a way to chart price movement just like bar charts or candles or Point & Figure. It gives you insight into true market behaviour to price and time, including it's use as being true resistance and support!

Don't dismiss something if you haven't taken the time to understand it's inner workings.
  • #50,486
  • Aug 28, 2012 9:56am Aug 28, 2012 9:56am
Quoting FXSwissTrader
The naked Virgin was already popped earlier at 1.2560. 1.2590 was a spike high on that previous day's(last week's high) overshoot to the value high area.
Speaking of naked virgins

Inserted Video
Those who say it cannot be done should not interrupt those who are doing it
  • #50,487
  • Aug 28, 2012 9:56am Aug 28, 2012 9:56am
Quoting Cgb
Is this the start of Rekon's inverse underwear formation?
Not yet ... It may happen if we get a hit at 1.259x
  • #50,488
  • Aug 28, 2012 10:00am Aug 28, 2012 10:00am
Quoting rekon67
Not yet ... It may happen if we get a hit at 1.259x
Party pooper!
I observe your reality but live my own.
  • #50,489
  • Aug 28, 2012 10:00am Aug 28, 2012 10:00am
Quoting FXSwissTrader
Don't dismiss something if you haven't taken the time to understand it's working.
Mate, I dont dismiss it. I would like to understand it, as well as to that correlation mumbo jumbo and much more things. It is already on my schedule. But I am just chaotic and there is so much to analyze here. Right now, I am on run to correlation of a "few" macroeconomical variables as well as of several capital markets and I think this analysis will take like one more month before I finish it. Then, if you will be that kind, you can write a guide in Kindergarten for me and I will happily study your approach to price.

T
"I know one thing, that I know nothing." Sokrates
  • #50,490
  • Aug 28, 2012 10:01am Aug 28, 2012 10:01am
Quoting PipTrapper
Speaking of naked virgins

http://www.youtube.com/watch?v=dZgf4N6_7wE
That's just wrong PT.
  • #50,491
  • Aug 28, 2012 10:02am Aug 28, 2012 10:02am
Btw, clear break on H1. Up, Up we go.
"I know one thing, that I know nothing." Sokrates
  • #50,492
  • Aug 28, 2012 10:03am Aug 28, 2012 10:03am
Quoting Tom_D_Trader
Nope, please tell me what is that. I am watching only relative and absolute strenght of trends and corrections on several timeframes + a few more stats.

T
Ok I think I can use PT's other thread but later in the weekend when the Kintergarden Talks begins
  • #50,493
  • Aug 28, 2012 10:05am Aug 28, 2012 10:05am
Quoting Tom_D_Trader
Mate, I dont dismiss it. I would like to understand it, as well as to that correlation mumbo jumbo and much more things. It is already on my schedule. But I am just chaotic and there is so much to analyze here. Right now, I am on run to correlation of a "few" macroeconomical variables as well as of several capital markets and I think this analysis will take like one more month before I finish it. Then, if you will be that kind, you can write a guide in Kindergarten for me and I will happily study your approach to price.

T
Well you stated that "Nevertheless, those are just indicators" and I'm just telling you that your statement is not a fair assessment of what MP is all about. If you do not understand a concept then don't make such generalize statements of opinion when others on here may want to learn something from it. Doing so offends me and my trading style. Understand?
  • #50,494
  • Aug 28, 2012 10:06am Aug 28, 2012 10:06am
Quoting PipTrapper
Not quite 1 year yet...
That's what almost means
  • #50,495
  • Aug 28, 2012 10:10am Aug 28, 2012 10:10am
No offence intended mate. Its just, you ve told me (Actually I ve googled it, coz you got pissed of) VWAP uses volume from FX to count the price. Volume in FX is nothing more than momentum. If you ask me, thats indicator. I know you are more skilled trader than me, but nevertheless, from what I have learned so far, volume in FX simply is indicator. It is needed to say, that I really dont understand to your approach, so I may be wrong, but mate, momentum = indicator.

T
"I know one thing, that I know nothing." Sokrates
  • #50,496
  • Aug 28, 2012 10:11am Aug 28, 2012 10:11am
Quoting irfandbl
So you're about to short at 2690? But I thought Mario told us not to short Euro the other day?

p.s. And I got the second top of the page
Target for longs, not necessarily shorts as I won't be trading the news mania
"Don't Panic..."
  • #50,497
  • Aug 28, 2012 10:11am Aug 28, 2012 10:11am
Quoting Gofer Pips
That's what almost means
Do you know what smarta$$ means
Those who say it cannot be done should not interrupt those who are doing it
  • #50,498
  • Aug 28, 2012 10:15am Aug 28, 2012 10:15am
Quoting PipTrapper
Do you know what smarta$$ means


Learned from leader of thread!
  • #50,499
  • Aug 28, 2012 10:16am Aug 28, 2012 10:16am
I picture says a thousand words. My feeling today (again).
Attached Image
I observe your reality but live my own.
  • #50,500
  • Aug 28, 2012 10:19am Aug 28, 2012 10:19am
Tweezer bottom on usdcad hourly, possible double bottom on daily

Enuff already!
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