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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #56,741
  • Sep 28, 2012 9:51am Sep 28, 2012 9:51am
Quoting Gofer Pips
I'll take contrarian 1.2870-90

Can you tell I'm short?
congrats on your short. good call as opposed to what appears to a bad call by myself of 2960 +.

Still think this pair might have a trick or two up its sleeve......maybe those stress tests.
  • #56,742
  • Sep 28, 2012 10:00am Sep 28, 2012 10:00am
Quoting lemna
There were large 5 minute and 1 hour pin bars on a major wave 50% fib retracement, dipping into a demand zone, jut happened to be sitting on a 2 day low, and a GMT S pivot!

This was one of the least surprising moves I have seen for a while.

It was simply stop hunting. A two day low is the reason for stop hunting which also tells you that is a buy level.
  • #56,743
  • Sep 28, 2012 10:03am Sep 28, 2012 10:03am
will stay 1.2845 and 1.2870 area till spain news come about banking test in my opinion.
  • #56,744
  • Sep 28, 2012 10:05am Sep 28, 2012 10:05am
Lets's think. Last day of the month on a current down trend. Day before it pops up like crazy. uhh hmm I wonder if it might go back down? LOL

My concern was the 900-890 for a bounce and it ran right through it.


Was it good news? LOL No! simply the market moving how it wants. News means nothing unless the market want to use it for it's overall agenda.
  • #56,745
  • Sep 28, 2012 10:06am Sep 28, 2012 10:06am
Quoting godrich
congrats on your short. good call as opposed to what appears to a bad call by myself of 2960 +.

Still think this pair might have a trick or two up its sleeve......maybe those stress tests.
Thanks. Blind pig found acorn!
  • #56,746
  • Sep 28, 2012 10:12am Sep 28, 2012 10:12am
Which pair would be the one to watch for for this spanish stress test meeting, and buy or sell?
  • #56,747
  • Sep 28, 2012 10:15am Sep 28, 2012 10:15am
Sweet Jeeeezes!
69
  • #56,748
  • Sep 28, 2012 10:16am Sep 28, 2012 10:16am
For anyone that cares. My first focus is usually like many long term traders is. What areas will the market have enough room to run one way or another. What levels from the week or previous days provides best support and resistance to scalp during the day. Market has to move on average 70-100 unless in a small range but even then you still look for break out areas. I always comes down to one thing. Money is a idea back with confidence. Find your confidence levels and use them whether the trend is DOWN or UP. The market likes to make money both ways. Recognize those both way levels. I would recommend a difference in your trading amounts on general trend vs counter trend trades. Always trade and have positive pips trading into resistance. NEVER trade AT resistance. I love scalping.
  • #56,749
  • Sep 28, 2012 10:18am Sep 28, 2012 10:18am
My friends


Shit Just got real

Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_05 Sep. 28 08.13.jpg Size: 95 KB
  • #56,750
  • Sep 28, 2012 10:19am Sep 28, 2012 10:19am
I Wasnt around for a past 12 hours. What triggered sell off??????????
69
  • #56,751
  • Sep 28, 2012 10:21am Sep 28, 2012 10:21am
Quoting Wulfgar
My friends


Shit Just got real

What a gorgeous chart! And it came with it's own shorts!

Good job Wulf!
  • #56,752
  • Sep 28, 2012 10:22am Sep 28, 2012 10:22am
Quoting Wulfgar
My friends


Shit Just got real

http://weknowmemes.com/wp-content/up...t-got-real.jpg
Those who say it cannot be done should not interrupt those who are doing it
  • #56,753
  • Sep 28, 2012 10:22am Sep 28, 2012 10:22am
Quoting Gofer Pips
Thanks. Blind pig found acorn!

LOL
  • #56,754
  • Sep 28, 2012 10:22am Sep 28, 2012 10:22am
Quoting Likerty
I Wasnt around for a past 12 hours. What triggered sell off??????????
Check the econ data calendar.
Those who say it cannot be done should not interrupt those who are doing it
  • #56,755
  • Sep 28, 2012 10:23am Sep 28, 2012 10:23am
Quoting Likerty
I Wasnt around for a past 12 hours. What triggered sell off??????????

nothing.... Just tooooo easy a trade once it found a top to go back with the general trend. Everybody jumps on that. the market loves underwear.
  • #56,756
  • Sep 28, 2012 10:24am Sep 28, 2012 10:24am
Quoting PipTrapper
Check the econ data calendar.
Hhrrrr there is so much to check... SPanish bank results didnt even came out yet!.. Yesterday was full of shitty data but price didnt minded...
69
  • #56,757
  • Sep 28, 2012 10:25am Sep 28, 2012 10:25am
Quoting TRMZXT
nothing.... Just tooooo easy a trade once it found a top to go back with the general trend. Everybody jumps on that. the market loves underwear.
Hmm.. Technical panic after first momentum candle!?)
69
  • #56,758
  • Sep 28, 2012 10:25am Sep 28, 2012 10:25am
Quoting Likerty
Hhrrrr there is so much to check... SPanish bank results didnt even came out yet!.. Yesterday was full of shitty data but price didnt minded...

yep... not about news. Like my post yesterday. has nothing to do with news.
  • #56,759
  • Sep 28, 2012 10:25am Sep 28, 2012 10:25am
Quoting Gofer Pips
What a gorgeous chart! And it came with it's own shorts!

Good job Wulf!
lmao!!

and PT! That is awesome! I love the look on those black guys faces!!

That was me this Morning when i woke up to find my scale ins still intact(hadnt hit my SL's)
  • #56,760
  • Sep 28, 2012 10:26am Sep 28, 2012 10:26am
economic calender says something about a stress test.
You don't actualy think someone will not pass?
Every Central Bank on Earth is backstopping every single Bank on Earth.
Nobody will be stressed when the figures come out.

I'll give you driving while impaired, but stressed and failure?
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