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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #60,881
  • Nov 16, 2012 9:00am Nov 16, 2012 9:00am
May witness a dramatic weekly closing candle.
  • #60,882
  • Nov 16, 2012 9:05am Nov 16, 2012 9:05am
Quoting ohenry
If she breaks her low within the next 25..we're in business...if not back to...
DISCO...
Those that say do not know. Those that know do not say.
  • #60,883
  • Nov 16, 2012 9:07am Nov 16, 2012 9:07am
I'm in serious profit with 3 positions on Sale from 1.2770 zone ;=)
  • #60,884
  • Nov 16, 2012 9:07am Nov 16, 2012 9:07am
Quoting Ken A
Good morning everyone.


Who wants a freebie? But it will cost you dearly.
gm all,

it's friday and things seems to be moving .....

what does this mean for the eu and gold? ifthis was answered please send me post number.

White House In Advanced Internal Discussions To Replace Sequester - WSJ
From @finansakrobat
http://images.forexfactory.net/misc/news_quote.gif WSJ/DJ:White House In Advanced Internal Discussions On Plan To Replace Sequester /Concept Would Kick Major Deficit-Reduction Talks Into 2013

thanks,

G
Wooooohooooo or Boooooohooooo
  • #60,885
  • Nov 16, 2012 9:18am Nov 16, 2012 9:18am
Quoting redteamgo
looks like we are finally fading? short at 2795.
Quoting redteamgo
very valid but that doesnt change my inclination to fade every rally. the daily/weekly trend is pretty clear. i think another retest of 2800 is likely but how much top side from here or there do you really think is possible? 2900? 3000? i dont know about you but i will aggressively fade ( and close @ b/e if necessary) all the way up because I know when it finally fades back (post jan 2013/lame duck?) it will fade back to retest 12000 and i want as many contracts on as high up as possible
i'm going to go ahead and pat myself on the back right now
Any prices quoted are futures
  • #60,886
  • Nov 16, 2012 9:20am Nov 16, 2012 9:20am
Quoting redteamgo
i'm going to go ahead and pat myself on the back right now
  • #60,887
  • Nov 16, 2012 9:23am Nov 16, 2012 9:23am
so happy to close at 2693 one of my oldest shorts (2696)
that's enough for this week

GL @ GP
  • #60,888
  • Nov 16, 2012 9:25am Nov 16, 2012 9:25am
Quoting lumesh
being on your side on this i do wanna point out to some conflicting arguments just to dampen this yber bearish view


now, while you are correct in that the price touched the neckline of the previous range (1.2802) it also needs to close below the current low to justify the downside. If it doesn't then those support turned resistance traders all become the target when price moves more up. Furthermore, you need to get past the USDX chart which show strong divergence on the daily, the 50% fib and a very close upward trendline that looks very...
Nothing is ever a slam dunk, but as you know, we gotta go with the odds.
Those who say it cannot be done should not interrupt those who are doing it
  • #60,889
  • Nov 16, 2012 9:27am Nov 16, 2012 9:27am
Quoting redteamgo
very valid but that doesnt change my inclination to fade every rally. the daily/weekly trend is pretty clear. i think another retest of 2800 is likely but how much top side from here or there do you really think is possible? 2900? 3000? i dont know about you but i will aggressively fade ( and close @ b/e if necessary) all the way up because I know when it finally fades back (post jan 2013/lame duck?) it will fade back to retest 12000 and i want as many contracts on as high up as possible
Yep... I'm way ahead of you on that one. My shorts start at 1.4647
Those who say it cannot be done should not interrupt those who are doing it
  • #60,890
  • Nov 16, 2012 9:28am Nov 16, 2012 9:28am
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  • #60,891
  • Nov 16, 2012 9:31am Nov 16, 2012 9:31am
Quoting rekon67
Attachment
Attached Image (click to enlarge)
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It's coming... I can see it already... It's red and it's very inviting

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Those who say it cannot be done should not interrupt those who are doing it
  • #60,892
  • Nov 16, 2012 9:33am Nov 16, 2012 9:33am
Quoting PipTrapper
It's coming... I can see it already... It's red and it's very inviting
Sound and Visuals are like porn ;o)
  • #60,893
  • Nov 16, 2012 9:36am Nov 16, 2012 9:36am
PT,
imho 2690 is low for today
do you expect EU lower?
may be a small long for retrace before weekend?
  • #60,894
  • Nov 16, 2012 9:36am Nov 16, 2012 9:36am
Quoting PipTrapper
Attachment

It's coming... I can see it already... It's red and it's very inviting

Attachment


Dammmmmnnnnnnn.....


Congratulations to everybody today with their short positions!
  • #60,895
  • Nov 16, 2012 9:36am Nov 16, 2012 9:36am
Quoting magicgate
PT,
imho 2690 is low for today
do you expect EU lower?
may be a small long for retrace before weekend?
That's quite possible yes. My 1.2466 target is not for today. Perhaps sometime next week.

E/U Daily:
Attached Image (click to enlarge)
Click to Enlarge Name: eu-d1.gif Size: 23 KB


E/U Weekly:
Attached Image (click to enlarge)
Click to Enlarge Name: eu-w1.gif Size: 41 KB
Those who say it cannot be done should not interrupt those who are doing it
  • #60,896
  • Nov 16, 2012 9:39am Nov 16, 2012 9:39am
Quoting magicgate
PT,
imho 2690 is low for today
do you expect EU lower?
may be a small long for retrace before weekend?
Ya thick support still in place, but on Friday who would bet and burn their money buying it?
  • #60,897
  • Nov 16, 2012 9:45am Nov 16, 2012 9:45am
Quoting rekon67
Ya thick support still in place, but on Friday who would bet and burn their money buying it?
AUD/USD just made a fresh low. Let's see if the rest of the risk asset class (including EUR) follows suit.
Those who say it cannot be done should not interrupt those who are doing it
  • #60,898
  • Nov 16, 2012 9:46am Nov 16, 2012 9:46am
Quoting PipTrapper
AUD/USD just made a fresh low. Let's see if the rest of the risk asset class (including EUR) follows suit.
Yep! NZD is being a little stubborn...
  • #60,899
  • Nov 16, 2012 9:47am Nov 16, 2012 9:47am
Can you all be a little more considerate because I closed the short at 1.2800 for 9 pips?
  • #60,900
  • Nov 16, 2012 9:51am Nov 16, 2012 9:51am
Quoting Ken A
Can you all be a little more considerate because I closed the short at 1.2800 for 9 pips?
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