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EurAnalysis Kindergarten 24 replies

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  • #59,661
  • Edited 10:24am Oct 31, 2012 10:07am | Edited 10:24am
Quoting PipTrapper
It would certainly be bad for the bears' morales if it went that high, but I would nonetheless maintain my mid term bearish outlook.
Bad for intraday bears, but I dont think bad for you. I think you have said you are at BE @ 1,33 or something like that?

Babypips says you are going to be winner if my call plays out. Moreover, how about profit taking from equities @ end of the year? November + December has some potential of bearish pressure. So overall, I think you are quite safe.

Edit: Hah overall . From technical perspective.

T
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"I know one thing, that I know nothing." Sokrates
  • #59,662
  • Oct 31, 2012 10:08am Oct 31, 2012 10:08am
Quoting Tom_D_Trader
Well, if monthly closes above 2957 and then weekly below 2845, I will be puzzled. But this wont happen imo. If we close today above that monthly R, week will close above as well. If we break down today, monthly res holds and then if week closes below 2845 (btw, I have 1,282 here), I see 1,268 pretty close. And thats very heavy support (266 - 2697 to be precise).

Bull or bear, it is for US electorate to decide. This is consolidation zone and we may mark it in many ways. The important point here is, everyone is waiting for result. It may be range...


But I think the monthly may close around 1.2900 or below if we get an afternoon sell-off in equities. Markets have been down 2 days and mutual funds have to get their sh*t all in one sock for year end before close of markets today. WTF do I know I am just a peon trader, the market will decide, it is just my speculation, as there really is no reason for climb of E/U unless many traders did end of month window dressing last Friday in anticipation of markets possibly being interrupted by storm. Anyhoo....we shall see soon enough.
  • #59,663
  • Oct 31, 2012 10:30am Oct 31, 2012 10:30am
Teehee.

http://www.forexlive.com/blog/2012/1...ive-territory/
  • #59,664
  • Oct 31, 2012 10:50am Oct 31, 2012 10:50am
as long as we trade above 2951 means we dont have a hourly close under 2951, 3085 is min target,

GL
Learning Requires Failure
  • #59,665
  • Oct 31, 2012 11:02am Oct 31, 2012 11:02am
Nasty H4.
"I know one thing, that I know nothing." Sokrates
  • #59,666
  • Oct 31, 2012 11:46am Oct 31, 2012 11:46am
Quoting Tom_D_Trader
Nasty H4.
Yep... Bearish engulfing. Definitely bearish bias. However, a break of today's low at 2945 would be better for the bears.
Those who say it cannot be done should not interrupt those who are doing it
  • #59,667
  • Oct 31, 2012 11:46am Oct 31, 2012 11:46am
1.2957 is unbreakable.
  • #59,668
  • Oct 31, 2012 11:50am Oct 31, 2012 11:50am
Quoting Ken A
1.2957 is unbreakable.
everything is breakable...

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Those who say it cannot be done should not interrupt those who are doing it
  • #59,669
  • Oct 31, 2012 11:53am Oct 31, 2012 11:53am
lol .. 1.3020 good sale so far. 220 MA is in play but dont think this is going to hold long. We are still trading in good range just want to continue milking as much as I can
  • #59,670
  • Oct 31, 2012 12:02pm Oct 31, 2012 12:02pm
Quoting PipTrapper
everything is breakable...

http://www.youtube.com/watch?v=HfBWds4HChI
You don't have the key.


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  • #59,671
  • Oct 31, 2012 12:03pm Oct 31, 2012 12:03pm
Quoting Ken A
You don't have the key.


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no key needed

http://25.media.tumblr.com/tumblr_mb...gk27o1_400.jpg
Any prices quoted are futures
  • #59,672
  • Oct 31, 2012 12:11pm Oct 31, 2012 12:11pm
Quoting redteamgo
no key needed

http://25.media.tumblr.com/tumblr_mb...gk27o1_400.jpg

Unfortunately that doesn't work for everyone.

http://doctorspiller.com/images/Dent...exibleFace.JPG

  • #59,673
  • Oct 31, 2012 12:18pm Oct 31, 2012 12:18pm
You guys are killing me!
  • #59,674
  • Oct 31, 2012 12:31pm Oct 31, 2012 12:31pm
Quoting Ken A
You don't have the key.


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At some point she has to remove it and have a shower... I'll be waiting. Remember me ? the patient one?
Those who say it cannot be done should not interrupt those who are doing it
  • #59,675
  • Oct 31, 2012 12:46pm Oct 31, 2012 12:46pm
Does anyone have a clue on non farm payrolls on this USD Friday indicator?

Forecast 123k, I'm thinking it will be more than 123k, the liquidity will be really great
  • #59,676
  • Oct 31, 2012 12:47pm Oct 31, 2012 12:47pm
awesome bearish candle! I Agree with you piptrapper
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  • #59,677
  • Oct 31, 2012 4:15pm Oct 31, 2012 4:15pm
Possible HS on eurusd?
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  • #59,678
  • Oct 31, 2012 4:52pm Oct 31, 2012 4:52pm
Quoting Unknownpips
Possible HS on eurusd?
didnt you read the posts?

2950 is UNBREAKABLE
Any prices quoted are futures
  • #59,679
  • Oct 31, 2012 4:53pm Oct 31, 2012 4:53pm
Quoting redteamgo
didnt you read the posts?

2950 is UNBREAKABLE
What do you mean by unbreakable and why is this the case?
  • #59,680
  • Oct 31, 2012 5:07pm Oct 31, 2012 5:07pm
Quoting Unknownpips
What do you mean by unbreakable and why is this the case?
i'm kidding.

it very well may fade even further or retest the shoulder from october 30th before continuing down. it believe that was the low on the 15th as well (offhand)
Any prices quoted are futures
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