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EurAnalysis Kindergarten 24 replies

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  • #53,361
  • Sep 7, 2012 10:13am Sep 7, 2012 10:13am
Quoting gnomoneey
its not super hot and its cloudy...
you're here in toronto?
No. Dublin... There are clouds here all year round, hehehehe
Read Charts - Not Papers
  • #53,362
  • Sep 7, 2012 10:14am Sep 7, 2012 10:14am
Quoting halkins
No. Dublin... There are clouds here all year round, hehehehe
yes i understand now....
Wooooohooooo or Boooooohooooo
  • #53,363
  • Sep 7, 2012 10:16am Sep 7, 2012 10:16am
Quoting halkins
No. Dublin... There are clouds here all year round, hehehehe
Yeah I remember a big front page headline many month ago. Something like

"Strange round glowing object spotted in sky over Ireland"

Those who say it cannot be done should not interrupt those who are doing it
  • #53,364
  • Sep 7, 2012 10:17am Sep 7, 2012 10:17am
Quoting halkins
No. Dublin... There are clouds here all year round, hehehehe
do you know what ever happen to myk?
i haven't been posting on his thread lately and he was good guy and very helpful.
Wooooohooooo or Boooooohooooo
  • #53,365
  • Sep 7, 2012 10:23am Sep 7, 2012 10:23am
Quoting gnomoneey
do you know what ever happen to myk?
i haven't been posting on his thread lately and he was good guy and very helpful.
No, many people come and go... only me and PT stay
but he was saying something about his new job, so he couldn't trade.
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  • #53,366
  • Sep 7, 2012 10:25am Sep 7, 2012 10:25am
Bearsih sign creating on e/u on M5
Bullish sign on u/c on M5
Bulls Run. Bears Bite. We Profit.
  • #53,367
  • Sep 7, 2012 10:41am Sep 7, 2012 10:41am
Quoting PipTrapper
Yeah I remember a big front page headline many month ago. Something like

"Strange round glowing object spotted in sky over Ireland"

Yeah, yeah, yeah...
You there in Malta probably have forgotten how clouds look like...
Here's a reminder.

Attached Image (click to enlarge)
Click to Enlarge Name: dollar-sign-in-the-clouds.jpg Size: 265 KB
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  • #53,368
  • Sep 7, 2012 11:05am Sep 7, 2012 11:05am
Hey PT, still short that eur bastard?
I remember when we talk about if 1.25 is going to hit or not. hehe funny times... you remember? Now it's .2800

For me: One more reminder to trade what you see i.e. TA and not trade what you want to understand (FA).
Very obvious uptrend in EU and ppl shorting it. Even today ppl seem to be the smartasses and picking the top. Might work. But definately not for pos trading.

Have a nice weekend all! And remember your friend The Trend.
  • #53,369
  • Sep 7, 2012 11:20am Sep 7, 2012 11:20am
Quoting Wulfgar
good morning guys.... Momentum looks firm to the upside as we are clearing out liquidity above the 1.2740 area.... a few critical breakout on such pairs as the UCAD and other commodities.

If we close the day strongly above this area it leaves the 1.3072 easily within reach from a monthly perspective.

I am sitting on my hands until the weekly close and will reassess to position for next week. Certainly NOT trying to call a top here with this mixed bag of news
Above that we have the 1.3329 and the 1.3728

Todays move didnt seem like capitulation to me because of how we are continuously pressing the highs. Typically an overshoot with a dramatic selloff is indicative of a capitulatory move.

1.2695/1.2742 is now HUGE SUPPORT

I am currently flat the EU but holding some LONG AU positions and I have had a few EURAUD shorts get taken out at BE... still short the pair until the 1.2400 goes however with minimal risk on the table(short 3 positions from 1.2360/1.2327/1.2315)
  • #53,370
  • Sep 7, 2012 11:23am Sep 7, 2012 11:23am
Quoting iak_fx
Hey PT, still short that eur bastard?
I remember when we talk about if 1.25 is going to hit or not. hehe funny times... you remember? Now it's .2800

For me: One more reminder to trade what you see i.e. TA and not trade what you want to understand (FA).
Very obvious uptrend in EU and ppl shorting it. Even today ppl seem to be the smartasses and picking the top. Might work. But definately not for pos trading.

Have a nice weekend all! And remember your friend The Trend.
Its hard to compare "which" trends people are following. The trend is your friend but on what TF... for guys like PT who is holding shorts from the mid 1.4's a 750 pip counter trend move is an expected retrace.

I do agree obviously intraday players have to be much more nimble in their ability to switch bias at the drop of a hat and they are better off just having a firm grasp of TA than trying to digest and determine moves from FA.

  • #53,371
  • Sep 7, 2012 11:29am Sep 7, 2012 11:29am
Quoting iak_fx
Hey PT, still short that eur bastard?
I remember when we talk about if 1.25 is going to hit or not. hehe funny times... you remember? Now it's .2800

For me: One more reminder to trade what you see i.e. TA and not trade what you want to understand (FA).
Very obvious uptrend in EU and ppl shorting it. Even today ppl seem to be the smartasses and picking the top. Might work. But definately not for pos trading.

Have a nice weekend all! And remember your friend The Trend.
You know, your post is quite typical of a trader who only comes out to gloat when they have a win and then declare that their style of trading is the only one that works and makes subtle hints that everyone who disagrees is a loser.

If the Euro were sitting at 1.2300 right now, you would not have posted anything.

What does that say about you as a person?

It's okay... No need to answer that question. It was rhetorical.
Those who say it cannot be done should not interrupt those who are doing it
  • #53,372
  • Sep 7, 2012 11:39am Sep 7, 2012 11:39am
Quoting PipTrapper
You know, your post is quite typical of a trader who only comes out to gloat when they have a win and then declare that their style of trading is the only one that works and makes subtle hints that everyone who disagrees is a loser.

If the Euro were sitting at 1.2300 right now, you would not have posted anything.

What does that say about you as a person?

It's okay... No need to answer that question. It was rhetorical.
Time to break out the raid PT!
  • #53,373
  • Sep 7, 2012 11:39am Sep 7, 2012 11:39am
Quoting PipTrapper
You know, your post is quite typical of a trader who only comes out to gloat when they have a win and then declare that their style of trading is the only one that works and makes subtle hints that everyone who disagrees is a loser.

If the Euro were sitting at 1.2300 right now, you would not have posted anything.

What does that say about you as a person?

It's okay... No need to answer that question. It was rhetorical.
that was why i was mearly trying to educate him on the fact all traders are not watching the same thing

It was the same back when the EU was in the mid to high 1.4's and all the perma bulls were coming out screaming about the EU going to all time highs and beyond.... you dont see many EU permabulls around anymore...

And frankly until 1.3500 is cracked on the EU I consider all Longs countertrend and will trade accordingly.
  • #53,374
  • Sep 7, 2012 11:41am Sep 7, 2012 11:41am
Quoting FXSwissTrader
Time to break out the raid PT!
Way ahead of you buddy
Those who say it cannot be done should not interrupt those who are doing it
  • #53,375
  • Sep 7, 2012 11:42am Sep 7, 2012 11:42am
Quoting Wulfgar
that was why i was mearly trying to educate him on the fact all traders are not watching the same thing

It was the same back when the EU was in the mid to high 1.4's and all the perma bulls were coming out screaming about the EU going to all time highs and beyond.... you dont see many EU permabulls around anymore...

And frankly until 1.3500 is cracked on the EU I consider all Longs countertrend and will trade accordingly.
That's because they all got margin called at 1.2041
Those who say it cannot be done should not interrupt those who are doing it
  • #53,376
  • Sep 7, 2012 11:48am Sep 7, 2012 11:48am
Quoting PipTrapper
That's because they all got margin called at 1.2041
  • #53,377
  • Sep 7, 2012 11:51am Sep 7, 2012 11:51am
Quoting Wulfgar
Its hard to compare "which" trends people are following. The trend is your friend but on what TF... for guys like PT who is holding shorts from the mid 1.4's a 750 pip counter trend move is an expected retrace.

I do agree obviously intraday players have to be much more nimble in their ability to switch bias at the drop of a hat and they are better off just having a firm grasp of TA than trying to digest and determine moves from FA.

Yes. I like the "trend" subject. We can talk for hours and hours and each one of us will have their own mind.
Heh, There's one guy here on FF who made (trading robots) 55.000% on 1 and 2 pip trades.
Well, as long as he makes money, the trend is his friend, even this one on 1M timeframe
-
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  • #53,378
  • Edited 12:26pm Sep 7, 2012 11:54am | Edited 12:26pm
Ok everybody. Have a great weekend PT, cgb, wulfgar, mka_78, gnomoneey, gofer, 100pipaday, harpe, halkins, rekon, neuron, foto, tom, ken, islander and all the regulars that make this the best thread on FF.

Did I leave anyone out?

Please spend time with your family this weekend. Love somebody. You too Ken.

My thoughts on E/U...........Nite guys.

Inserted Video
  • #53,379
  • Sep 7, 2012 11:57am Sep 7, 2012 11:57am
Quoting Wulfgar
Its hard to compare "which" trends people are following. The trend is your friend but on what TF... for guys like PT who is holding shorts from the mid 1.4's a 750 pip counter trend move is an expected retrace.

I do agree obviously intraday players have to be much more nimble in their ability to switch bias at the drop of a hat and they are better off just having a firm grasp of TA than trying to digest and determine moves from FA.

The trend is your friend is all hype, overblown and it's so full of sh#t, if you ask me. I'll support this argument and view for another day.

nite nite.
  • #53,380
  • Sep 7, 2012 11:59am Sep 7, 2012 11:59am
Quoting FXSwissTrader
Ok everybody. Have a great weekend PT, cgb, wulfgar, mka_78, gnomoneey, gofer, 100pipaday, halkins, rekon, neuron, foto, tom, ken, islander and all the regulars that make this the best thread on FF.

Did I leave anyone out?

Please spend time with your family this weekend. Love somebody. You too Ken.

My thoughts on E/U...........Nite guys.

http://www.youtube.com/watch?v=majFrn3j1Co
Happy weekend Swissy. Chat Monday
Those who say it cannot be done should not interrupt those who are doing it
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