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EurAnalysis Kindergarten 24 replies

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  • #50,521
  • Aug 28, 2012 11:05am Aug 28, 2012 11:05am
Quoting Pipnosis
While I understand your reasoning for starting a new thread, I think it a bit demeaning to refer to those who seek to continuously learn about the markets from fellow traders perspectives as Kindergartners. Unnecessarily judgmental in my opinion.

I for one appreciate those that not only claim success but also share their methodology. Usually you get one but not the other.

Currencyman is a prolific poster, there is no argument there. Many of his posts are information that he receives elsewhere..but I am grateful as it certainly saves me...
I was about to write PT and express my concern but I could not say it better than Pinosis above.

I only saw this thread some months ago and it quickly became a place I enjoyed to visit frequently with thanks to PT and in particular CurrencyMan who share great content. I even had some tools that I developed over the years that I was about to share because they were an extension to what CurrencyMan was injecting this morning.

I'm going to hold back now we are told not to disturb this thread with educational stuff so there is more room for talk about Tennessee, Smoky Mountain, Virgins and the list goes on with non-trading related stuff.

The new "kindergarden" require 4-W to post and despite I started trading stocks and options in the late 1980'ties and with 5+ years currency experience I don't have 4-W and therefore cannot share. And I certainly don't need to either after seeing how CurrencyMan is being slashed by posters who don't seem to contribute too much them self and get away with it.

Best of luck to all.

All change is not growth, as all movement is not forward. (Ellen Glasgow)
  • #50,522
  • Aug 28, 2012 11:10am Aug 28, 2012 11:10am
Boy oh boy oh boy! I guess we all just can't get along. Maybe time to move on.
  • #50,523
  • Aug 28, 2012 11:17am Aug 28, 2012 11:17am
Please let's keep the cool.

Tinypip might have a point about 4-Vouch requirement. It could be he just joined the forums and few post count doesn't mean he has no experience. It will take him awhile to obtain 4-Vouch. And in the spirit of the thread title 'Kindergarten' could just mean new member but not new member who doesn't have any experience at all.

Peace
  • #50,524
  • Aug 28, 2012 11:20am Aug 28, 2012 11:20am
Quoting tinypip
I was about to write PT and express my concern but I could not say it better than Pinosis above.

I only saw this thread some months ago and it quickly became a place I enjoyed to visit frequently with thanks to PT and in particular CurrencyMan who share great content. I even had some tools that I developed over the years that I was about to share because they were an extension to what CurrencyMan was injecting this morning.

I'm going to hold back now we are told not to disturb this thread with educational stuff so there is more room for talk...
Perhaps you should have read my response to Pipnosis first so I wouldn't have to repeat myself. Please read my response and if you still feel the same way, then all I can say is...

"You can please some of the people some of the time, but you can't please everyone all of the time"

I must add (for the benefit of those who wish to complain about the new thread) that sometimes it is a bit challenging to communicate one's intentions in a way that everybody understands. So, if you're not clear on what I posted, please ask for clarification before making assumptions.

Educational info is still welcome here, but there is no need to keep repeating it every time the same question is asked. That's why I set up the other thread... as a repository where the contributors can place the information they want to share and then refer to it with a link.

If you want to post something there and do not have 4 vouchers, just ask me to allow you access and I will be more than happy to oblige.

Sheesh... this is rather draining.
Those who say it cannot be done should not interrupt those who are doing it
  • #50,525
  • Aug 28, 2012 11:24am Aug 28, 2012 11:24am
Quoting FXSwissTrader
Boy oh boy oh boy! I guess we all just can't get along. Maybe time to move on.
don't even think about it Mr. OCD. I will come to your house and tilt every single hanging picture on your walls
Those who say it cannot be done should not interrupt those who are doing it
  • #50,526
  • Aug 28, 2012 11:28am Aug 28, 2012 11:28am
Quoting FXSwissTrader
Boy oh boy oh boy! I guess we all just can't get along. Maybe time to move on.
For those who can't get along!
  • #50,527
  • Aug 28, 2012 11:29am Aug 28, 2012 11:29am
Quoting PipTrapper
don't even think about it Mr. OCD. I will come to your house and tilt every single hanging picture on your walls
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I observe your reality but live my own.
  • #50,528
  • Aug 28, 2012 11:30am Aug 28, 2012 11:30am
Tinypip and pipnosis both vouched by Currencyman. This may explain defensive attitude.
  • #50,529
  • Edited 11:43am Aug 28, 2012 11:32am | Edited 11:43am
The End of the Euro Zone's Phony War

By RICHARD BARLEY

Jaw-jaw is better than war-war. European Central Bank President Mario Draghi's late-July pledge to do "whatever it takes" to ensure the euro survives took the crisis off the boil in August, with Spanish and Italian yields falling sharply. But one reason for the calm is that there has been little government bond supply from troubled issuers, with both Italy and Spain canceling mid-August auctions. That is about to change.

Italy resumed auctions Tuesday, raising €3.75 billion ($4.69 billion), and will return Thursday for up to €7.5 billion of bonds, including the sale of a new 10-year security, a bellwether test. Meanwhile, Spain will resume bond auctions Sept. 6. Crucially once again Spain's sale will be held just before the ECB's rate decision and news briefing, at which Mr. Draghi is expected to shed more light on plans to buy bonds of nations that seek euro-zone aid. That should be a supportive factor.

http://si.wsj.net/public/resources/i...0828105800.jpg
Spain is set to resume auctioning government bonds next week.

The ECB's role is clearly crucial, as a number of other factors suggest that auctions might otherwise be tricky. Between them, Spain and Italy still need to raise around €92 billion this year, Citigroup notes. This week's Italian auctions are offset by coupon payments and redemptions, but next week will be a heavy week of net supply, with €18 billion of paper hitting the market, according to Barclays. Worryingly, data released Tuesday showed Spanish bank deposits falling 4.7% on the month in July, the largest monthly fall ever, potentially crimping domestic demand for bonds. While foreign investors may have been lured back into short-dated debt by Mr. Draghi, sales of longer-dated bonds will still be a test.

September should also bring the outcome of Moody's review of Spain's rating. The firm currently rates Spain Baa3, the lowest investment-grade rating, and may cut it. Investors will also be watching the Dutch elections and the German constitutional court's decision on the legality of the European Stability Mechanism, the euro zone's permanent bailout fund, both due Sept. 12.

So far, words have been enough to rein in the euro-zone crisis. In September, with investors and policy makers back at their desks, actions will be required.
Those who say it cannot be done should not interrupt those who are doing it
  • #50,530
  • Aug 28, 2012 11:37am Aug 28, 2012 11:37am
Quoting Gofer Pips
Tinypip and pipnosis both vouched by Currencyman. This may explain defensive attitude.
No it does not explain it in my view because the reason for the kindergarten thread has nothing to do with CM or anything he posted. It has to do with what I have been observing and experiencing myself with the same questions and answers being repeated. As time has passed, this issue has grown and I just wanted to nip it in the bud before it became an issue. In fact, something similar was suggested by Aaronward back in October of 2011 and I told him I would look into it when I felt it was necessary... so this is nothing new.

If anybody misunderstood my intentions, there is no way they can still be misunderstanding them now. I explained myself to death already.
Those who say it cannot be done should not interrupt those who are doing it
  • #50,531
  • Aug 28, 2012 11:39am Aug 28, 2012 11:39am
Quoting PipTrapper
The End of the Euro Zone's Phony War

By RICHARD BARLEY

[b][i][color=darkslateblue]Jaw-jaw is better than war-war. European Central Bank President Mario Draghi's late-July pledge to do "whatever it takes" to ensure the euro survives took the crisis off the boil in August, with Spanish and Italian yields falling sharply. But one reason for the calm is that there has been little government bond supply from troubled issuers,...
Thank you for posting the article. Now please tell me that the writing on the side of the ship is to better view where the Euro is heading

Please. Pretty please...
I observe your reality but live my own.
  • #50,532
  • Aug 28, 2012 11:40am Aug 28, 2012 11:40am
hey guys....

looks like we are just going to stay in this range from the 1.2576-1.2460 range for swing players till something comes out to move us out of it

Looking just to play the bounces from top to bottom until the breakout....

I am also turning some degree of attention to the EURAUD as it approaches a very very strong monthly/weekly/daily/ channel top and important fib number at 1.2152 for those trading that pair.


Good luck my friends and trade safe
  • #50,533
  • Aug 28, 2012 11:40am Aug 28, 2012 11:40am
Quoting rekon67
Entering in my conventional way with last candle close + spike + strong supply, All the best.
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  • #50,534
  • Aug 28, 2012 11:42am Aug 28, 2012 11:42am
Quoting PipTrapper
No it does not explain it in my view because the reason for the kindergarten thread has nothing to do with CM or anything he posted. It has to do with what I have been observing and experiencing myself with the same questions and answers being repeated. As time has passed, this issue has grown and I just wanted to nip it in the bud before it became an issue. In fact, something similar was suggested by Aaronward back in October of 2011 and I told him I would look into it when I felt it was necessary... so this is nothing new.

If anybody misunderstood...

Too bad you don't look like this 'cause I'd ask you once more to explain it to me.
Attached Image
I observe your reality but live my own.
  • #50,535
  • Aug 28, 2012 11:42am Aug 28, 2012 11:42am
Quoting Gofer Pips
Tinypip and pipnosis both vouched by Currencyman. This may explain defensive attitude.
With that Sentimental Analysis how many more to come?
  • #50,536
  • Aug 28, 2012 11:46am Aug 28, 2012 11:46am
Quoting Gofer Pips
Tinypip and pipnosis both vouched by Currencyman. This may explain defensive attitude.
Sheesh really GP? You think I took time to write that up because of a vouch? I wrote the response because it seemed important for me to say, not because I'm indebted to someone for a vouch.

PT, I got your response, thank you for taking the time to address my comments. Looking back, I didn't see the name of the new thread as a piece of humor..but now I realize it goes w/ your urinalysis comedic stylings. No worries.

Oy Vey...I've officially moved on now.
Pipnosis "Mistakes are the portal of discovery." - James Joyce
  • #50,537
  • Aug 28, 2012 11:47am Aug 28, 2012 11:47am
Quoting rekon67
15M chart (closes, not wicks) about to paint a triple top. Is that a good thing? I thought you said doubles in bikini were good
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I observe your reality but live my own.
  • #50,538
  • Aug 28, 2012 11:49am Aug 28, 2012 11:49am
If she has a double top on her back, I'd slow dance with her!
Quoting Cgb
15M chart (closes, not wicks) about to paint a triple top. Is that a good thing? I thought you said doubles in bikini were good
  • #50,539
  • Aug 28, 2012 11:51am Aug 28, 2012 11:51am
Quoting Cgb
Too bad you don't look like this 'cause I'd ask you once more to explain it to me.
Buddy, if I looked like that, I wouldn't be explaining anything to anybody other than how I want my Mojito

http://uploads.notempire.com/images/...te_Mojitos.jpg
Those who say it cannot be done should not interrupt those who are doing it
  • #50,540
  • Aug 28, 2012 11:53am Aug 28, 2012 11:53am
Quoting Gofer Pips
If she has a double top on her back, I'd slow dance with her!
If she had two more on the back, I think she'd be a little too top heavy for me!
I observe your reality but live my own.
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