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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #51,861
  • Sep 2, 2012 12:53pm Sep 2, 2012 12:53pm
Quoting 100PipsADay
If you use Google chrome you can Sync everything to your Google chrome account.

Then if you login to your Google Chrome account on another computer it brings all of your settings with you: Bookmarks, Browsing History, etc...
  • #51,862
  • Sep 2, 2012 12:54pm Sep 2, 2012 12:54pm
Quoting 100PipsADay
If you use Google chrome you can Sync everything to your Google chrome account.

Then if you login to your Google Chrome account on another computer it brings all of your settings with you: Bookmarks, Browsing History, etc...
Got it. Thanks. Will create an account later on. I don't use Chrome very often as it crashes the PC when hardware acceleration activated.
  • #51,863
  • Sep 2, 2012 12:57pm Sep 2, 2012 12:57pm
Quoting 100PipsADay
Hey Wulfgar!

Hope you had a good week. I agree with your assessment of the EUR/AUD but I'm curious to hear what the next "major channel" would be assuming it keeps moving up? I am thinking it could reach up to 1.30 for various reasons. What are your thoughts?

I'm still long EUR/AUD and GBP/AUD Also have a few short AUD/USD positions which I hope will reach their TP targets before September 13 as I don't want to be very leveraged come the next FOMC.

Immediately looking upwards I see the 1.2254 as a major area of contention on E/A, on par with the 1.5407 on GBP/AUD. Beyond that should open the 1.2339/1.2350 on E/A and 1.5500 on the GBP/AUD.

As far as the EUR/AUD retesting 1.3.... It certainly COULD but that would take some major FA to happen. We spent a LONG time accumulating under that area before the major capitulation into it and the subsequent 1400point drop that followed rapidly. Suffice to say IF we get there it will have my FULL attention.

Watching the AUD/USD for direction the Low at 1.0275 is critical but the real gatekeeper to retest the 1.0000/1.0033 is going to be the 1.0200/1.0209


keep in mind these are just historical supply/demand channel areas. The fundies will set the direction and these areas will be the best to watch PA unfold and trade accordingly. I have no Bias either way for any of these pairs until after price shows us the way.

Anyways Im not trading till after labor day
Gonna enjoy the beach

Good luck my friend
  • #51,864
  • Sep 2, 2012 12:58pm Sep 2, 2012 12:58pm
Quoting 100PipsADay
If you use Google chrome you can Sync everything to your Google chrome account.

Then if you login to your Google Chrome account on another computer it brings all of your settings with you: Bookmarks, Browsing History, etc...
I recommend mozilla as google is NSA/CIA funded and operated! Ask yourself why? Mozilla has the same sync function and is much more stable browser IMO.
  • #51,865
  • Sep 2, 2012 12:59pm Sep 2, 2012 12:59pm
Quoting Ken A
Got it. Thanks. Will create an account later on. I don't use Chrome very often as it crashes the PC when hardware acceleration activated.
Don't use it. Stick with mozilla! Just my op.
  • #51,866
  • Sep 2, 2012 1:00pm Sep 2, 2012 1:00pm
Quoting Wulfgar
Immediately looking upwards I see the 1.2254 as a major area of contention on E/A, on par with the 1.5407 on GBP/AUD. Beyond that should open the 1.2339/1.2350 on E/A and 1.5500 on the GBP/AUD.

As far as the EUR/AUD retesting 1.3.... It certainly COULD but that would take some major FA to happen. We spent a LONG time accumulating under that area before the major capitulation into it and the subsequent 1400point drop that followed rapidly. Suffice to say IF we get there it will have my FULL attention.

Watching the AUD/USD for direction the...
Thanks Wulf.
  • #51,867
  • Sep 2, 2012 1:02pm Sep 2, 2012 1:02pm
Quoting FXSwissTrader
Don't use it. Stick with mozilla! Just my op.
Same thing with Chrome, Mozilla, FireFox etc. The only one that is safe without Adobe Flash crashing with Microsoft is Internet Explorer.
  • #51,868
  • Sep 2, 2012 1:03pm Sep 2, 2012 1:03pm
Quoting Wulfgar
Immediately looking upwards I see the 1.2254 as a major area of contention on E/A, on par with the 1.5407 on GBP/AUD. Beyond that should open the 1.2339/1.2350 on E/A and 1.5500 on the GBP/AUD.

As far as the EUR/AUD retesting 1.3.... It certainly COULD but that would take some major FA to happen. We spent a LONG time accumulating under that area before the major capitulation into it and the subsequent 1400point drop that followed rapidly. Suffice to say IF we get there it will have my FULL attention.

Watching the AUD/USD for direction the...
Thanks for your input on EUR/AUD Wulfgar!

Oh man I got burned yesterday, spent all day up at Turtle Bay! I guess I don't spend as much time at the beach like I used to...
  • #51,869
  • Sep 2, 2012 1:05pm Sep 2, 2012 1:05pm
Quoting FXSwissTrader
I recommend mozilla as google is NSA/CIA funded and operated! Ask yourself why? Mozilla has the same sync function and is much more stable browser IMO.
Swiss,

I didn't know that...

As far as stability and security I have heard that Mozilla is the best browser.

By the way, thanks for the post you made over at the Kindergarten thread, I'm going to go through all of the links later on this evening.
  • #51,870
  • Sep 2, 2012 1:05pm Sep 2, 2012 1:05pm
Quoting Ken A
Thanks Wulf.

No problem brother

As far as the majors go guys we should see some real trending begin soon after this holiday as the major players are back from summer vacation

The 1.2695/1.2740 on the EUR/USD is HUGE and opens the 1.3072 again if breached and closed significantly.

I know this is a Euro thread but for whomever trades Cable if we get a shoot to the 1.6044 this is a MASSIVE level for that pair so keep some attention on it for sure.

Lots of action to be expected as elections start moving into full tilt in the states for the rest of the year. trade wisely and stick to proper MM everyone.
  • #51,871
  • Sep 2, 2012 1:06pm Sep 2, 2012 1:06pm
Quoting Ken A
Same thing with Chrome, Mozilla, FireFox etc. The only one that is safe without Adobe Flash crashing with Microsoft is Internet Explorer.
Really. It's the most reliable for me. Internet explorer is the worst at crashing though, IMO. Whatever works for you though bud.
  • #51,872
  • Sep 2, 2012 1:07pm Sep 2, 2012 1:07pm
Quoting 100PipsADay
Thanks for your input on EUR/AUD Wulfgar!

Oh man I got burned yesterday, spent all day up at Turtle Bay! I guess I don't spend as much time at the beach like I used to...
Beautiful up there on the North shore brah.

I found some places up near sunset beach that looked pretty nice...

Im def Jelly ...lol although there are worse places to live than Southern California...
  • #51,873
  • Sep 2, 2012 1:07pm Sep 2, 2012 1:07pm
Market doesn't open for another 55 minutes???

Is the market open time moved forward by 1 hour or am I losing it?
  • #51,874
  • Sep 2, 2012 1:08pm Sep 2, 2012 1:08pm
Quoting 100PipsADay
Market doesn't open for another 55 minutes???

Is the market open time moved forward by 1 hour or am I losing it?
it's different, my broker opens @22:15 GMT
How to Win at Sports Betting: DON'T DO IT!
  • #51,875
  • Sep 2, 2012 1:09pm Sep 2, 2012 1:09pm
Quoting Gofer Pips
Okay, so what use does it serve in relation to trading, to measure a wave after it is complete and new wave has started?

I guess that is where I am confused like the idiot in the A&W commercial Swissy posted.

Thanks again you cynical bast*rd.........your words, not mine!
(For those unaware....that was just a joke Tom tells about himself)
Rofl, what use does it serve? I know where I am. Precisely. Market is made of cycles within cycles. And those cycles are made of waves. It really is simmilar to that Fibo thing, but it is much more precise imo. For example right now, although I dont know if this correction is finished, I know this. From the Grade 1 point of view (Whole cycle starting 6.6.2010 with wave definition as minimum 450 pips and 30% retracement), we are currently in 35% correction. If I look in the past, I can clearly see that corrections are weaker and weaker and therefore, bulls are loosing power. So from Grade 1, which is the major, we are clearly in a downtrend and bulls are totally powerless.

When I zoom in into Grade 2 (Whole cycle starting 6.6.2010 with wave definition as minimum 200 pips and 30% retracement) and watch midcycle starting 15.1.2012, I can see we are in very strong correction of 80%. So here, bulls are trying to break up and start trending. So, thanks to this perception, I know we are in strong correction within weak correction. Grade 1 beats Grade 2.

Not important, but for clarification: When Grade 2 starts trending (after daily break of 2697) I zoom out to Grade 1 again and watch how strong correction could be from this perspective. For example if this happens, I would be looking for G1 correction up to 50%, which would be @ ,277, where I would look for a Grade 2 retracement down.

Conclusion - Sell limit at 1,2666 and SL at 1,2765. Btw, those entry numbers are from different analysis (weekly and monthly supply/demand zones combined with swing closes to be precise), wave calculation just helps me to understand where precisely I am.

Regarding joke, as you were saying, it is not funny if you need to explain it. Call me names as you wish as long as you are having fun. I always say, joke is funny when at least half of people are laughing. Since this affects only you and me and you are probably laughing, it is a good joke . And I am laughing as well, so it must be brilliant.

T
"I know one thing, that I know nothing." Sokrates
  • #51,876
  • Sep 2, 2012 1:09pm Sep 2, 2012 1:09pm
Quoting Wulfgar
Beautiful up there on the North shore brah.

I found some places up near sunset beach that looked pretty nice...

Im def Jelly ...lol although there are worse places to live than Southern California...
I love the North Shore!

LOL Yea, Southern California is nice!
  • #51,877
  • Sep 2, 2012 1:10pm Sep 2, 2012 1:10pm
Quoting 100PipsADay
Swiss,

I didn't know that...



By the way, thanks for the post you made over at the Kindergarten thread, I'm going to go through all of the links later on this evening.
Yep, google is your big brother created, funded and run by your friends at the NSA/CIA in disguiss. I don't do SH#T on google! They'll track you like white on rice!

No problem buddy. Hope you find it of value!
  • #51,878
  • Sep 2, 2012 1:12pm Sep 2, 2012 1:12pm
Quoting 100PipsADay
Market doesn't open for another 55 minutes???

Is the market open time moved forward by 1 hour or am I losing it?
Markets open a few hours early for interbank trading and not open for retail traders.
  • #51,879
  • Sep 2, 2012 1:16pm Sep 2, 2012 1:16pm
Quoting FXSwissTrader
Markets open a few hours early for interbank trading and not open for retail traders.
I swear my broker opens for me Sunday morning at 10:00am (which was 15 min ago) but I guess it is 11:00am.

LOL, I think I'm losing it! hahahaha
  • #51,880
  • Sep 2, 2012 1:17pm Sep 2, 2012 1:17pm
Quoting FXSwissTrader
Markets open a few hours early for interbank trading and not open for retail traders.
it just depends on the broker... lots of brokers provide 24/7 access to the markets

Wellington traders have been at it for hours now....
its just most retail brokers are lazy and dont open till 5PM est for some reason.
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