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EurAnalysis Kindergarten 24 replies

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  • #60,581
  • Nov 11, 2012 12:10pm Nov 11, 2012 12:10pm
Quoting rekon67
Well, It is not believable for me that an individual can trade 100 lots for a tick. However, one trillion / billion dollar firm manager may provide that leaverage to his Super Star Team Member who is consistent with his/her profit graph.

Once you are verified as a person with planned mindset the firm is willing to put risk capital on you then it does not matter how much lot you are trading on a tick.
rekon, if you need as individual 100 lots for a risk - open PAMM account and attract investors
  • #60,582
  • Nov 11, 2012 12:16pm Nov 11, 2012 12:16pm
Quoting 100PipsADay
Hahaha... Nice post PT!
Thanks PT!

Nice read - some of them heart earlier, but you have a Library
  • #60,583
  • Nov 11, 2012 12:40pm Nov 11, 2012 12:40pm
C'mon guys, I know someone who trades forex for a very large bank, there are a lot of traders on the floor where they are , all trading forex. They have traded for 15 years for the same bank.
every am they are told what pairs they can trade and in which direction,.
the rest is up to them and they use pa as an entry,
Large financial institutions dont let a bunch of idots loose with their cash ( they used to until nickolass gleeson came along now their systems are much tighter)
the target for the year is 20%,,,
now 40 pips a day at $1,000 a pip needs capital of $5,000,000 and returns about $800,00 pm , thats about 16% a month or about 200% pa

sounds like an advert for a forex training system,,
  • #60,584
  • Nov 11, 2012 12:42pm Nov 11, 2012 12:42pm
Oh I forgot to mention,,
I'll hang in with PT the risks are far more favourable.
  • #60,585
  • Nov 11, 2012 12:53pm Nov 11, 2012 12:53pm
Quoting magicgate
rekon, if you need as individual 100 lots for a risk - open PAMM account and attract investors
Scene: It's a fine sunny day in the forest, and a rabbit is sitting outside his burrow,
tippy-tapping on his typewriter.

Along comes a fox, out for a walk.

Fox: "What are you working on?"

Rabbit:"My thesis."

Fox:"Hmm. What is it about?"

Rabbit:"Oh, I'm writing about how rabbits eat foxes."
(incredulous pause)

Fox:"That's ridiculous! Any fool knows that rabbits don't eat foxes!"

Rabbit:"Come with me and I'll show you!"

They both disappear into the rabbit's burrow. After a few minutes, gnawing on a fox bone, the rabbit returns to his typewriter and resumes typing.

Soon a wolf comes along and stops to watch the hardworking rabbit.

Wolf:" What's that you are writing?"

Rabbit:" I'm doing a thesis on how rabbits eat wolves."
(loud guffaws)

Wolf:" you don't expect to get such rubbish published, do you?"

Rabbit:" No problem. Do you want to see why?"

The rabbit and the wolf go into the burrow, and again the rabbit returns by himself,
after a few minutes, and goes back to typing.

Finally a bear comes along and asks, "What are you doing?

Rabbit:" I'm doing a thesis on how rabbits eat bears."

Bear: "Well that's absurd!

Rabbit: "Come into my home and I'll show you" .

As they enter the burrow, the rabbit introduces the bear to the lion.

Moral:
MIND YOUR OWN BUSINESS.

  • #60,586
  • Nov 11, 2012 1:18pm Nov 11, 2012 1:18pm
Any gap down/up at opening?
  • #60,587
  • Nov 11, 2012 1:26pm Nov 11, 2012 1:26pm
glad to be back, been reading the last few posts.
well all i can say is ITS RIDICULOUS to trade for someone
and enrich them.
Life is beautiful the way you dress it.
  • #60,588
  • Nov 11, 2012 1:48pm Nov 11, 2012 1:48pm
Quoting PipTrapper
Agreed. Besides, why would anyone want to make somebody else rich when they can use their trading skills to line their own pocket on their own terms?

However, if you do go work for someone, remember to first take the 5 minute management course. For your convenience, I have posted the course below... for free. No need to thank me.

Lesson 1:

A man is getting into the shower just as his wife is finishing up her shower, when the doorbell rings. The wife quickly wraps herself in a towel and runs downstairs. When she opens the door,...

  • #60,589
  • Nov 11, 2012 2:00pm Nov 11, 2012 2:00pm
Quoting Ken A
Any gap down/up at opening?
gap down i see.
Life is beautiful the way you dress it.
  • #60,590
  • Nov 11, 2012 2:22pm Nov 11, 2012 2:22pm
"Although demo accounts attempt to replicate real-time market scenarios, they are based on simulated market conditions. As such, there are key differences that distinguish it from a live account; including but not limited to, the lack of dependence on real-time market liquidity and the availability of some products which may not be tradable on live accounts. The operational capabilities when executing orders in a demo environment may result in atypically expedited transactions, lack of rejected orders, and/or the absence of slippage. Additionally, updates to demo account may not coincide with those of live accounts."

ummh speaking of demos.
Life is beautiful the way you dress it.
  • #60,591
  • Nov 12, 2012 1:29am Nov 12, 2012 1:29am
[quote=PipTrapper;6184187]Agreed. Besides, why would anyone want to make somebody else rich when they can use their trading skills to line their own pocket on their own terms?

However, if you do go work for someone, remember to first take the 5 minute management course. For your convenience, I have posted the course below... for free. No need to thank me.

Lesson 1:

FaNTASTIC START TO THE DAY!
:0)
If ask a silly question.. forgive me!i'm just confused again!
  • #60,592
  • Nov 12, 2012 4:29am Nov 12, 2012 4:29am
Snorefest of a Monday... what are the odds of seeing new lows? Spanish yields risen to resistence... will we instead see a reversal for the euro? Would it be wise to hold onto shorts till 1.266 before entering longs or just let PA decde the move?
  • #60,593
  • Nov 12, 2012 4:34am Nov 12, 2012 4:34am
Quoting Unknownpips
Snorefest of a Monday... what are the odds of seeing new lows? Spanish yields risen to resistence... will we instead see a reversal for the euro? Would it be wise to hold onto shorts till 1.266 before entering longs or just let PA decde the move?
US Bank Holiday, Market may range between - 1.2740-1.2680 today max. (IMHO)
  • #60,594
  • Nov 12, 2012 4:43am Nov 12, 2012 4:43am
Quoting rekon67
US Bank Holiday, Market may range between - 1.2740-1.2680 today max. (IMHO)
agreed, in exclusive case may kiss 2768
imho shorts are still valid this week
  • #60,595
  • Nov 12, 2012 4:57am Nov 12, 2012 4:57am
Quoting magicgate
agreed, in exclusive case may kiss 2768
imho shorts are still valid this week
Shorts are only valid, get more high put short more on Weekly and Monthly

Attached Image
  • #60,596
  • Nov 12, 2012 5:01am Nov 12, 2012 5:01am
EUR/USD Monthly - Down Trend

EUR/USD Weekly - Down Trend

EUR/USD Daily - Down Trend


I would look for any type of pull back and short this sucker...

Next weekly/monthly support is 1.22
  • #60,597
  • Nov 12, 2012 5:09am Nov 12, 2012 5:09am
Quoting rekon67
Scene: It's a fine sunny day in the forest, and a rabbit is sitting outside his burrow,
tippy-tapping on his typewriter.

Along comes a fox, out for a walk.

Fox: "What are you working on?"

Rabbit:"My thesis."

Fox:"Hmm. What is it about?"

Rabbit:"Oh, I'm writing about how rabbits eat foxes."
(incredulous pause)

Fox:"That's ridiculous! Any fool knows that rabbits don't eat foxes!"

Rabbit:"Come with me and I'll show you!"

They both disappear into the rabbit's burrow. After a few minutes, gnawing on a fox bone, the rabbit...
Liked it..
Enter Signature
  • #60,598
  • Nov 12, 2012 6:16am Nov 12, 2012 6:16am
Quoting 100PipsADay
EUR/USD Monthly - Down Trend

EUR/USD Weekly - Down Trend

EUR/USD Daily - Down Trend


I would look for any type of pull back and short this sucker...

Next weekly/monthly support is 1.22
H4 down trend, and more room down.
Life is beautiful the way you dress it.
  • #60,599
  • Nov 12, 2012 6:21am Nov 12, 2012 6:21am
Hopefully Yorkers could take us down.PA setting up for a short already IMO.
Life is beautiful the way you dress it.
  • #60,600
  • Nov 12, 2012 6:36am Nov 12, 2012 6:36am
Quoting fxcode
H4 down trend, and more room down.
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