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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #55,781
  • Sep 21, 2012 7:54am Sep 21, 2012 7:54am
Quoting letscry
as i said it is ping pong day
Today my broker earned five times as much in commisions as I did in profits..
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  • #55,782
  • Sep 21, 2012 7:58am Sep 21, 2012 7:58am
long @1.2986 on the touch of ut1 trend line, was hoping to break the 5minutes downtrend and it happen
  • #55,783
  • Sep 21, 2012 7:59am Sep 21, 2012 7:59am
Quoting Likerty
Today my broker earned five times as much in commisions as I did in profits..
I made 25 trades and ended with 9 pips in profits so far..
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  • #55,784
  • Sep 21, 2012 7:59am Sep 21, 2012 7:59am
Cmon, shoot another marubozu Mr. Market, so I can have a laugh.

edit: seriously, isnt H1 funny?
edit2: And you know what. Screw that whipsaw, I cover a few. Like a scalper. Damn I am good . profit +0,5%, still leveraged 3:1 @ 2981.

T
"I know one thing, that I know nothing." Sokrates
  • #55,785
  • Sep 21, 2012 8:04am Sep 21, 2012 8:04am
Quoting PipTrapper
Maybe even 3170
Actually I am banking on it because I didn't get to short when it was up there on Monday.
Nice.

Not sure it will get there today but it looks like going up.
  • #55,786
  • Sep 21, 2012 8:04am Sep 21, 2012 8:04am
Quoting Likerty
I made 25 trades and ended with 9 pips in profits so far..
9 pips x $1,000 per pip = $9,000

Well done
Those who say it cannot be done should not interrupt those who are doing it
  • #55,787
  • Sep 21, 2012 8:05am Sep 21, 2012 8:05am
you may see a 50-70 pip jump in about 40 seconds if the longs go off after crossing 50 to 75 and up. Will they have the guts to do it.
  • #55,788
  • Sep 21, 2012 8:14am Sep 21, 2012 8:14am
Quoting Likerty
I made 25 trades and ended with 9 pips in profits so far..
Congrats. Next target 1 pip = $1,000,000

Set your target high. Look at mine.
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  • #55,789
  • Sep 21, 2012 8:19am Sep 21, 2012 8:19am
Quoting Ken A
Nice.

Not sure it will get there today but it looks like going up.
No I don't believe it is going there today. In fact I would be surprised if we break 1.31... Maybe 1.3085 will be the top.
Those who say it cannot be done should not interrupt those who are doing it
  • #55,790
  • Sep 21, 2012 8:19am Sep 21, 2012 8:19am
Quoting PipTrapper
9 pips x $1,000 per pip = $9,000

Well done
You surely underestimated the young capitalist like me
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  • #55,791
  • Sep 21, 2012 8:20am Sep 21, 2012 8:20am
That ping pong is amazing, and the hourly 100 sma is a great tool
Volatile but profitable

ADD: I hope the 100 sma will hold
  • #55,792
  • Sep 21, 2012 8:25am Sep 21, 2012 8:25am
Quoting PipTrapper
No I don't believe it is going there today. In fact I would be surprised if we break 1.31... Maybe 1.3085 will be the top.
I think so as well. Imo this week, we fight to close above monthly zone. We dont need to break highs. If weekly manages to close above ,3009, monthly(quarterly) will be on a good way to close above as well, which is strong enough bullish signal (even without breaking highs on weekly again).

edit: lol whipsaw attacks again on m1.

T
"I know one thing, that I know nothing." Sokrates
  • #55,793
  • Sep 21, 2012 8:26am Sep 21, 2012 8:26am
If it hangs around this 25 mark... It is going to go through 50. ehhhh as I write that. nope.
  • #55,794
  • Sep 21, 2012 8:30am Sep 21, 2012 8:30am
its only 9:30 and it feels like I have been all over the place.
  • #55,795
  • Sep 21, 2012 8:31am Sep 21, 2012 8:31am
Quoting mka_78
That ping pong is amazing, and the hourly 100 sma is a great tool
Volatile but profitable

ADD: I hope the 100 sma will hold
Yep It's Greg's favorite pivot
Did you do any more webinars with him?
Those who say it cannot be done should not interrupt those who are doing it
  • #55,796
  • Sep 21, 2012 8:38am Sep 21, 2012 8:38am
Quoting PipTrapper
Yep It's Greg's favorite pivot
Did you do any more webinars with him?
Yes, I almost attended all his Webinars, simple and effective method. I am even using the 100sma, 200sma and 55ema, but his method made me stick with them more

oops, 100 sma looks like will give up
  • #55,797
  • Sep 21, 2012 8:39am Sep 21, 2012 8:39am
Quoting Ken A
Congrats. Next target 1 pip = $1,000,000

Set your target high. Look at mine.
A 1 pip gain is better than a 1 pip loss.
  • #55,798
  • Sep 21, 2012 8:39am Sep 21, 2012 8:39am
Quoting TRMZXT
If it hangs around this 25 mark... It is going to go through 50. ehhhh as I write that. nope.
We've only done 92 pips for the day so far. So in order to meet our 130 pip daily range expectation today, we either make a new high of 1.3084 or a new low of around 1.2917

Adjusted to the nearest resistance / support points, those numbers become 1.3083 and 1.2918

Being Freaky Friday, I would not rule out either side.
Those who say it cannot be done should not interrupt those who are doing it
  • #55,799
  • Sep 21, 2012 8:45am Sep 21, 2012 8:45am
Quoting mka_78
Yes, I almost attended all his Webinars, simple and effective method. I am even using the 100sma, 200sma and 55ema, but his method made me stick with them more

oops, 100 sma looks like will give up
If you focus more on candle closes rather than the wicks, it would be better. If price pierces above the 100sma by 5 or 10 pips but still closes at or below the line, then it is still considered "below"

Also remember that due to the fact that different brokers have different price feeds, open and close at different times on weekends, and that some have Sunday bars and some don't, that the MA lines will not be exactly the same on everyone's charts. Therefore, giving it a +-5 pip leeway is suggested.
Those who say it cannot be done should not interrupt those who are doing it
  • #55,800
  • Sep 21, 2012 8:46am Sep 21, 2012 8:46am
if it breaks the Long trend line it bounced off on the way down I think we know which way it's going.
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