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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #55,661
  • Sep 21, 2012 2:25am Sep 21, 2012 2:25am
Quoting Likerty
PipTrapper, dount you think that it is a bit too little for bear positions to take profits, so may be the bull position may take profits more likely? Moreover - next friday is the last in this month so perhaps more profit taking are planed then..?
Today is the last Friday of the quarter. It has significance in that it is triple witching day. Books for the quarter in the options and futures markets will be squared up today. Did you not read the last paragraph in my morning update?
Those who say it cannot be done should not interrupt those who are doing it
  • #55,662
  • Sep 21, 2012 2:34am Sep 21, 2012 2:34am
Quoting Islander
GM - I too sold a partial on that spike thru the 3000 - now I'll watch to see what the London guys do before adding - they might take it higher.....TWT

So far, the daily pivot is holding as support....

Those offers PT mentioned kicked in with another high vol 5m shooting star into a Lower High just thru the 00 level
Trading Levels with WRBs
  • #55,663
  • Sep 21, 2012 2:35am Sep 21, 2012 2:35am
Quoting PipTrapper
Today is the last Friday of the quarter. It has significance in that it is triple witching day. Books for the quarter in the options and futures markets will be squared up today. Did you not read the last paragraph in my morning update?
Holly sh*t! Didnt knew about triple witching before
69
  • #55,664
  • Sep 21, 2012 2:37am Sep 21, 2012 2:37am
I find it very weird the USDX has been static @ 79.29 very unusual not changing along with currency pairs movement.

Perhaps broker feed is not working? Can someone confirm this?
  • #55,665
  • Sep 21, 2012 2:38am Sep 21, 2012 2:38am
check your broker?

http://www.forexpros.com/quotes/us-d...advanced-chart
  • #55,666
  • Sep 21, 2012 2:39am Sep 21, 2012 2:39am
Quoting Ken A
I find it very weird the USDX has been static @ 79.29 very unusual not changing along with currency pairs movement.

Perhaps broker feed is not working? Can someone confirm this?
79.47 on mine at moment
  • #55,667
  • Sep 21, 2012 2:44am Sep 21, 2012 2:44am
Quoting Ken A
I find it very weird the USDX has been static @ 79.29 very unusual not changing along with currency pairs movement.

Perhaps broker feed is not working? Can someone confirm this?
I have 79.49
Those who say it cannot be done should not interrupt those who are doing it
  • #55,668
  • Sep 21, 2012 2:44am Sep 21, 2012 2:44am
Thought the SNB quarterly was worth an interpretation as to market response. If Europe is actually stabilizing as the news would want everyone to believe, then why is there still so much flight capital fleeing to the Swiss?

i remain short EURO/GBP. Low volatility and according to the SNB not a bad trade.
Was beginning to wonder about the GBP/USD short but this mornings response inclines me to hold.
Aussie a bit of a suprise to the upside, will see what the day brings.

USD remains sloppy.
  • #55,669
  • Sep 21, 2012 2:46am Sep 21, 2012 2:46am
Yeah it's the broker. I have heavy lots on USDX. It's time to change broker. During major rally always either disconnected or not allowed to execute transactions.
  • #55,670
  • Sep 21, 2012 2:47am Sep 21, 2012 2:47am
Quoting Ken A
Yeah it's the broker. I have heavy lots on USDX. It's time to change broker. During major rally always either disconnected or not allowed to execute transactions.
Sounds like your broker is a bucket shop.
Those who say it cannot be done should not interrupt those who are doing it
  • #55,671
  • Sep 21, 2012 2:50am Sep 21, 2012 2:50am
Quoting PipTrapper
Today is the last Friday of the quarter. It has significance in that it is triple witching day. Books for the quarter in the options and futures markets will be squared up today. Did you not read the last paragraph in my morning update?
This Freaky Friday freaks us out intraday traders
  • #55,672
  • Sep 21, 2012 2:51am Sep 21, 2012 2:51am
Quoting PipTrapper
Today is the last Friday of the quarter. It has significance in that it is triple witching day. Books for the quarter in the options and futures markets will be squared up today. Did you not read the last paragraph in my morning update?
Is it at the closing hour or during the whole day ?
Inflation in things we need, Deflation in things we want.
  • #55,673
  • Sep 21, 2012 2:52am Sep 21, 2012 2:52am
Quoting PipTrapper
Sounds like your broker is a bucket shop.
Maybe. I am not sure if it's allowed to mention the broker's name here for confirmation.
  • #55,674
  • Sep 21, 2012 2:59am Sep 21, 2012 2:59am
Quoting Thijs
Is it at the closing hour or during the whole day ?
The whole day but in the final hour there will be more
Those who say it cannot be done should not interrupt those who are doing it
  • #55,675
  • Sep 21, 2012 2:59am Sep 21, 2012 2:59am
Quoting Ken A
Maybe. I am not sure if it's allowed to mention the broker's name here for confirmation.
Yes it is okay to mention Broker's name. Mine is FXCM UK
Those who say it cannot be done should not interrupt those who are doing it
  • #55,676
  • Sep 21, 2012 3:00am Sep 21, 2012 3:00am
Quoting mka_78
This Freaky Friday freaks us out intraday traders
It's not so bad for intraday, but it can definitely piss off a scalper.
Those who say it cannot be done should not interrupt those who are doing it
  • #55,677
  • Sep 21, 2012 3:02am Sep 21, 2012 3:02am
Quoting PipTrapper
Yes it is okay to mention Broker's name. Mine is FXCM UK
The most I have issues with is InstaForex UK. Anyone heard of this broker?
  • #55,678
  • Sep 21, 2012 3:02am Sep 21, 2012 3:02am
The low so far in that very high volumed 5m hammer told me to book some profits at the 50% retrace of the rally off yesterdays low.

This extra Freaky Friday with triple witching after a wider than average day yesterday suggests to me that its best bank those pips.....also, a wide ranged day is often follwed by a narrow ranged day.....
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Trading Levels with WRBs
  • #55,679
  • Sep 21, 2012 3:12am Sep 21, 2012 3:12am
Quoting Ken A
The most I have issues with is InstaForex UK. Anyone heard of this broker?
They are a scam, but don't take my word for it...

http://www.forexpeacearmy.com/forex-...e-profits.html
Those who say it cannot be done should not interrupt those who are doing it
  • #55,680
  • Edited 4:46am Sep 21, 2012 3:14am | Edited 4:46am
Good morning.

I woke up and started with this trade. Entry at 29568. It is small size trade, but still, you just gotta love such an entry.

And now, PA is coming for me, so I may have to close it. Damn.

GL today,

T
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"I know one thing, that I know nothing." Sokrates
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