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EurAnalysis Kindergarten 24 replies

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  • #50,561
  • Aug 28, 2012 11:19am Aug 28, 2012 11:19am
Quoting Gofer Pips


http://www.youtube.com/watch?v=nxxSIX3fmmo
What shoulder?
Those who say it cannot be done should not interrupt those who are doing it
  • #50,562
  • Aug 28, 2012 11:19am Aug 28, 2012 11:19am
Igor HaS possible even with my stupid Tom Wave count. All depends on 25606 break on Daily. I thought it is starting, but seems bulls have no balls. Probably all have been harvested for red bull, so I can stay awake and short this foker nonstop.

T
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"I know one thing, that I know nothing." Sokrates
  • #50,563
  • Aug 28, 2012 11:31am Aug 28, 2012 11:31am
Quoting PipTrapper
Attention all posters.

I started a new thread 5 minutes ago.

It is called EurAnalysis Kindergarten.

If anyone wants to post anything educational, that is where you should post it and then just post a link to it in this thread. This ensures that the bulk of the content in this thread is related to trading and not education.

It is still a thread for all of us to share and learn, but I am starting to see far too...
Your doing a good thing for all. Experienced/Inexperienced, sometimes people just need to brush up on stuff they have not dealt with for a while and IMO, in other cases they find out that how they have been reading and understanding terminology/charts may be off a little.

I know i have found out a lot of new info here. Made me rethink putting my opinions and charts up. Atleast until i could do it without giving the wrong idea.
  • #50,564
  • Aug 28, 2012 11:35am Aug 28, 2012 11:35am
Quoting amr10000
Your doing a good thing for all. Experienced/Inexperienced, sometimes people just need to brush up on stuff they have not dealt with for a while and IMO, in other cases they find out that how they have been reading and understanding terminology/charts may be off a little.

I know i have found out a lot of new info here. Made me rethink putting my opinions and charts up. Atleast until i could do it without giving the wrong idea.
Thanks for your positive feedback.
Those who say it cannot be done should not interrupt those who are doing it
  • #50,565
  • Aug 28, 2012 11:40am Aug 28, 2012 11:40am
Quoting Tom_D_Trader
Igor HaS possible even with my stupid Tom Wave count. All depends on 25606 break on Daily. I thought it is starting, but seems bulls have no balls. Probably all have been harvested for red bull, so I can stay awake and short this foker nonstop.

T
sorry tom are saying inverse h&s?
with only left shoulder forming?
Wooooohooooo or Boooooohooooo
  • #50,566
  • Aug 28, 2012 11:44am Aug 28, 2012 11:44am
Quoting gnomoneey
sorry tom are saying inverse h&s?
with only left shoulder forming?
Gofer said that. And not inverse, but regular. Just have a look at his chart. And dont forget to watch the video, it is important part of analysis. I ve just said that HaS pattern can be valid even with my stupid wave count, when wave 4 would be formed @ 2457, where it touches that fcking mumbo jumbo channel + 38% fibo.

T
"I know one thing, that I know nothing." Sokrates
  • #50,567
  • Aug 28, 2012 11:49am Aug 28, 2012 11:49am
Quoting Tom_D_Trader
Gofer said that. And not inverse, but regular. Just have a look at his chart. And dont forget to watch the video, it is important part of analysis. I ve just said that HaS pattern can be valid even with my stupid wave count, when wave 4 would be formed @ 2457, where it touches that fcking mumbo jumbo channel + 38% fibo.

T
since it's not too busy here right now, kindergarten questions ok?
shoulder is above neckline? is that valid?
just trying to learn
Wooooohooooo or Boooooohooooo
  • #50,568
  • Edited 12:13pm Aug 28, 2012 11:58am | Edited 12:13pm
Quoting gnomoneey
since it's not too busy here right now, kindergarten questions ok?
shoulder is above neckline? is that valid?
just trying to learn
Dunno man, I didnt study patterns, as I think they are valid untill they are not valid. As all technical analysis mumbo jumbo. But shoulder above neckline, thats normal. Regarding shoulder above head, thats Igor (edit: well, not above head exactly, but, ah, screw that, it is just twisted pattern). But maybe PT will expand, since he watches HaS patterns quite a lot.

Regarding my hatred to kindergarten questions, this is not one of them for sure. I dont like to be the bad guy who makes people in here stop asking questions. We are all here to share and learn. I simply dont like to keep on repeating the most basic things, like: Be patient, How does leverage work?, What is money management? and so on, since every serious trader should know the answer before he even thinks of starting to trade. Your question simply means you want to know more about technical analysis, so it is not kindergarten question. Noone knows everything. Not me for sure.

T
"I know one thing, that I know nothing." Sokrates
  • #50,569
  • Aug 28, 2012 11:58am Aug 28, 2012 11:58am
Quoting Ken A
Thanks. I already closed most of the shorts worrying it might over shoot.
Agreed and this move up has some legs....
I wont just guess and place a short at that number... My attention will just be on the PA on the numbers in that area to see if we get a break and close with a retest for a continuation to the next major level

Or a strong rejection and a failed retest for a reversal back in the major trend direction

that is more or less all the market does anyways....
  • #50,570
  • Aug 28, 2012 12:07pm Aug 28, 2012 12:07pm
Quoting gnomoneey
since it's not too busy here right now, kindergarten questions ok?
shoulder is above neckline? is that valid?
just trying to learn
I hope this explains, and is not confusing.

I am not predicting this will happen but if follows through then short in order at retest and hold of neckline after break.
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  • #50,571
  • Aug 28, 2012 12:10pm Aug 28, 2012 12:10pm
Quoting Gofer Pips
I hope this explains, and is not confusing.

I am not predicting this will happen but if follows through then short in order at retest and hold of neckline after break.
i understand now how you came up with it...thanks
G
Wooooohooooo or Boooooohooooo
  • #50,572
  • Aug 28, 2012 12:15pm Aug 28, 2012 12:15pm
Quoting gnomoneey
i understand now how you came up with it...thanks
G
You're very welcome
  • #50,573
  • Aug 28, 2012 12:18pm Aug 28, 2012 12:18pm
Quoting Tom_D_Trader
Dunno man, I didnt study patterns, as I think they are valid untill they are not valid. As all technical analysis mumbo jumbo. But shoulder above neckline, thats normal. Regarding shoulder above head, thats Igor (edit: well, not above head exactly, but, ah, screw that, it is just twisted pattern). But maybe PT will expand, since he watches HaS patterns quite a lot.

Regarding my hatred to kindergarten questions, this is not one of them for sure. I dont like to be the bad guy who makes people in here stop asking questions. We are all here to share...
no worries i myself don't take any offense from anyone posting here. i take info good or bad and up to myself which one i find of use or not.
i also know members get a little snippy when they are having a bad trade and sometimes they take it out on others. that's the way this business goes. all we can do is to move forward and look at your mistakes and learn from and if you dont then you will lose money in the process.
IT IS WHAT IT IS and you can't fight or wish or pray for your trade to go green. adjustments are needed on the go and trusting your abilities will move you forward.

sorry for lecturing and hope everyone here have a great gnight sleep and tomorrow is another day....
Wooooohooooo or Boooooohooooo
  • #50,574
  • Aug 28, 2012 12:27pm Aug 28, 2012 12:27pm
Quoting gnomoneey
all we can do is to move forward and look at your mistakes ...
Yup, you can all keep on looking at my mistakes . Since my account is funded quite well and I actually know what money management means, you can watch me burn for about two years, before I end up desperate at corner of the street . Try to enjoy my pain as much as I do.

Btw, I know I have twisted your sentence a bit, but thats just me.

PT, if I get broke, can I pick olives at Malta for you? Just for food and shelter.

T
"I know one thing, that I know nothing." Sokrates
  • #50,575
  • Aug 28, 2012 12:30pm Aug 28, 2012 12:30pm
Quoting Tom_D_Trader
Yup, you can all keep on looking at my mistakes . Since my account is funded quite well and I actually know what money management means, you can watch me burn for about two years, before I end up desperate at corner of the street . Try to enjoy my pain as much as I do.

Btw, I know I have twisted your sentence a bit, but thats just me.

PT, if I get broke, can I pick olives at Malta for you? Just for food and shelter.

T
yes i know you have an obscured sense of humour. i do also but am unable to write it down without sounding f^%&ked up..


when i wrote "your mistakes" i meant my "own mistake"
Wooooohooooo or Boooooohooooo
  • #50,576
  • Aug 28, 2012 12:38pm Aug 28, 2012 12:38pm
Quoting Tom_D_Trader
Yup, you can all keep on looking at my mistakes . Since my account is funded quite well and I actually know what money management means, you can watch me burn for about two years, before I end up desperate at corner of the street . Try to enjoy my pain as much as I do.

Btw, I know I have twisted your sentence a bit, but thats just me.

PT, if I get broke, can I pick olives at Malta for you? Just for food and shelter.

T
You don't have to wait till you're broke
Come on down. Forget the olives. I will set you up with a desk and we can trade together. Me with my FunnyMentals and you with your MumboJumbo
Those who say it cannot be done should not interrupt those who are doing it
  • #50,577
  • Aug 28, 2012 12:39pm Aug 28, 2012 12:39pm
Quoting Tom_D_Trader
Yup, you can all keep on looking at my mistakes . Since my account is funded quite well and I actually know what money management means, you can watch me burn for about two years, before I end up desperate at corner of the street . Try to enjoy my pain as much as I do.

Btw, I know I have twisted your sentence a bit, but thats just me.

PT, if I get broke, can I pick olives at Malta for you? Just for food and shelter.
T

Get in line bro

Im already his 1st choice as Olive picker
  • #50,578
  • Aug 28, 2012 12:40pm Aug 28, 2012 12:40pm
Quoting gnomoneey
yes i know you have an obscured sense of humour. i do also but am unable to write it down without sounding f^%&ked up..
Thats why I have started to add smileys. I never used them before I started to post in this thread. Otherwise, my posts would sound really offensive and, as you said, I would sound fooked up.

Just dont be shy and post, traders usually have really thick skin. Mr. Market is the guy with the most twisted sence of humour.

T
"I know one thing, that I know nothing." Sokrates
  • #50,579
  • Aug 28, 2012 12:41pm Aug 28, 2012 12:41pm
Quoting Wulfgar
Get in line bro

Im already his 1st choice as Olive picker
You poor saps! I got the job as field boss. You guys will pick till your fingers bleed!
  • #50,580
  • Aug 28, 2012 12:42pm Aug 28, 2012 12:42pm
Quoting PipTrapper
You don't have to wait till you're broke
Come on down. Forget the olives. I will set you up with a desk and we can trade together. Me with my FunnyMentals and you with your MumboJumbo
Hey! I thought the spare room was for me! Indian giver!
I observe your reality but live my own.
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