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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #56,921
  • Oct 1, 2012 6:47am Oct 1, 2012 6:47am
Quoting Ken A
Not sure about this.

This could move the market in 20 mins- USD ISM Manufacturing PMI.
i think i agree with you ken,cos weekly R1 is at 1.293 and it coincides with the channel break point for 1 HR chart but PA stopped at 1.292 on 1HR chart and was rejected...
Life is beautiful the way you dress it.
  • #56,922
  • Oct 1, 2012 6:48am Oct 1, 2012 6:48am
Quoting PipTrapper
Yep anything is possible, but if one is looking for a top, you can't find a better probability with excellent RR than 78.6
Bad data 4 months in the row. I am just going to take this chance it's going to come out no different from previous months.

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  • #56,923
  • Oct 1, 2012 6:49am Oct 1, 2012 6:49am
by the way were still in a channel on the 1HR chart...
Life is beautiful the way you dress it.
  • #56,924
  • Oct 1, 2012 6:52am Oct 1, 2012 6:52am
Quoting Ken A
Bad data 4 months in the row. I am just going to take this chance it's going to come out no different from previous months.


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May be slight retrace down and up again?
  • #56,925
  • Oct 1, 2012 6:54am Oct 1, 2012 6:54am
Quoting rekon67
May be slight retrace down and up again?
Down then when BB speaks, up again is my guess.
  • #56,926
  • Oct 1, 2012 6:54am Oct 1, 2012 6:54am
somebody is selling. Probably SNB dumping some of the 100's of billion of Euros they bought up defending the 1.20 floor.
Those who say it cannot be done should not interrupt those who are doing it
  • #56,927
  • Oct 1, 2012 6:57am Oct 1, 2012 6:57am
Quoting PipTrapper
somebody is selling. Probably SNB dumping some of the 100's of billion of Euros they bought up defending the 1.20 floor.
*DJ Troika Rejects Some EUR2 Bln in Greek Austerity Measures, Source Tells DJ-WSJ
Those who say it cannot be done should not interrupt those who are doing it
  • #56,928
  • Oct 1, 2012 6:57am Oct 1, 2012 6:57am
Now I am confused
  • #56,929
  • Oct 1, 2012 6:58am Oct 1, 2012 6:58am
Quoting Ken A
Down then when BB speaks, up again is my guess.

maybe BUT a lot of time they run it down off his speech against resistance to retest the market to go right back up in this case. Depends on what the market is looking to do. Many times the only reason they don't go one way is it simply make bottom or tops off of retests because the market most of the time takes a run at resistance off around 25 pips off the resistance and of course more at times.
  • #56,930
  • Oct 1, 2012 7:03am Oct 1, 2012 7:03am
I was wrong

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  • #56,931
  • Edited 7:24am Oct 1, 2012 7:04am | Edited 7:24am
Quoting PipTrapper
*DJ Troika Rejects Some EUR2 Bln in Greek Austerity Measures, Source Tells DJ-WSJ
stopped out at BE.,. Next
Those who say it cannot be done should not interrupt those who are doing it
  • #56,932
  • Oct 1, 2012 7:05am Oct 1, 2012 7:05am
IF it breaks below 1.2900 it is going to restest IMO. Always look at the price when news was released if it breaks it back beyond that point going the other wayas it was simply stop hunting to go whichever direction.
  • #56,933
  • Oct 1, 2012 7:06am Oct 1, 2012 7:06am
Quoting PipTrapper
stopped out at BE.,. Next
1.2960 Sale ?
  • #56,934
  • Oct 1, 2012 7:08am Oct 1, 2012 7:08am
Next stop 1.2962?
  • #56,935
  • Oct 1, 2012 7:10am Oct 1, 2012 7:10am
Quoting Ken A
Next stop 1.2962?
These stops are now actually like "Bus Stops" so Bus will wait a while for boarding more passangers
  • #56,936
  • Oct 1, 2012 7:13am Oct 1, 2012 7:13am
weak 1m and 3M with divergence on 1 3 and 9. Only a 10 pip pop which raises stop hunting flag. Breaks trendline and level support triangle of 1.2900 it will go down.
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  • #56,937
  • Oct 1, 2012 7:16am Oct 1, 2012 7:16am
Quoting TRMZXT
weak 1m and 3M with divergence on 1 3 and 9. Only a 10 pip pop which raises stop hunting flag. Breaks trendline and level support triangle of 1.2900 it will go down.
+1. Why not.
Outcome is not important at all, but correct technique is what only matters
  • #56,938
  • Oct 1, 2012 7:17am Oct 1, 2012 7:17am
Quoting TRMZXT
weak 1m and 3M with divergence on 1 3 and 9. Only a 10 pip pop which raises stop hunting flag. Breaks trendline and level support triangle of 1.2900 it will go down.
I think swinging up and attract a good number like 1.2960.
  • #56,939
  • Oct 1, 2012 7:18am Oct 1, 2012 7:18am
Short term position on 5min Div
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Those that say do not know. Those that know do not say.
  • #56,940
  • Oct 1, 2012 7:21am Oct 1, 2012 7:21am
Quoting rekon67
I think swinging up and attract a good number like 1.2960.
very well could. Depends on the failure on testing. Which is the key to watch.
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