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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #61,681
  • Nov 28, 2012 9:38am Nov 28, 2012 9:38am
Quoting EuroTraderJD
zerohedge ‏@zerohedge BOEHNER: CONTINUE TO WORK WITH OBAMA TO RESOLVE FISCAL CLIFF. And now the idiot algos take this as good news...





POSS why for the lift off
News follows techs ;-) Warned you guys about that TL... It's drawn off daily

This should target 106 and then longer term the channel top on Eur Jpy 106.50

105.80 is one of my important resistances
@pawpaw1000 on Twitter
  • #61,682
  • Nov 28, 2012 9:42am Nov 28, 2012 9:42am
Quoting pawpaw1000
News follows techs ;-) Warned you guys about that TL... It's drawn off daily

This should target 106 and then longer term the channel top on Eur Jpy 106.50
I wasnt using the news event to base a trade on. Per my earlier post I am selling only today as all my charts have been pointing down. May fade this rally.

Just noticed the spike and the tweet appeared. Thought I would pass it on as a FYI.

I use Fundo and Tech along with a HEAVY does of money management vs. SL. I believe the news fundos can be the catalyst for PA.
Trade smaller than rational because the market is irrational...
  • #61,683
  • Nov 28, 2012 9:42am Nov 28, 2012 9:42am
Quoting Ken A
Lumesh:

Or you heavily shorted from 1.309.

I remember I wanted to ask you, what does Lumesh mean? It's not a common name.

How to pronounce 'lumesh'?

acutally, it was just 1 grin smiley

anyhow, i was smiling because the opinions vary from one end to another from analysts who SHOULD know what they are talking about.

I strongly lean on the back of PT's arguments because of its logic, simplicity and clearness. All the arguments coming from eurobulls lean on the potential weakness of the dollar. It's possible, but not without the FED's another surprise...which is...again...possible.


As far as my name goes. It doesn't mean anything.

It's simply linked to my real name
  • #61,684
  • Nov 28, 2012 9:43am Nov 28, 2012 9:43am
Quoting EuroTraderJD
I wasnt using the news event to base a trade on. Per my earlier post I am selling only today as all my charts have been pointing down. May fade this rally.

Just noticed the spike and the tweet appeared. Thought I would pass it on as a FYI.

I use Fundo and Tech along with a HEAVY does of money management vs. SL. I believe the news fundos can be the catalyst for PA.
Agree 100%
@pawpaw1000 on Twitter
  • #61,685
  • Nov 28, 2012 9:49am Nov 28, 2012 9:49am
Quoting lumesh


As far as my name goes. It doesn't mean anything.

It's simply linked to my real name

...and i have no effin idea how it's pronounced
  • #61,686
  • Nov 28, 2012 9:51am Nov 28, 2012 9:51am
At my TL holding us down... This will decide the direction for rest of day...
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@pawpaw1000 on Twitter
  • #61,687
  • Nov 28, 2012 9:53am Nov 28, 2012 9:53am
Quoting lumesh
...and i have no effin idea how it's pronounced
I don't know how to effin pronounce it either.
  • #61,688
  • Nov 28, 2012 9:54am Nov 28, 2012 9:54am
Quoting pawpaw1000
At my TL holding us down... This will decide the direction for rest of day...
I hope algos got respect to TL.
  • #61,689
  • Nov 28, 2012 9:56am Nov 28, 2012 9:56am
Quoting lumesh
...and i have no effin idea how it's pronounced
LUther MErkel SHultz
Those who say it cannot be done should not interrupt those who are doing it
  • #61,690
  • Nov 28, 2012 10:00am Nov 28, 2012 10:00am
Quoting PipTrapper
LUther MErkel SHultz
I knew this man was special.
Trade smaller than rational because the market is irrational...
  • #61,691
  • Nov 28, 2012 10:01am Nov 28, 2012 10:01am
Quoting Ken A
I hope algos got respect to TL.
They normally do :-D

Hoping we will break it though seeing as we bounced off my Larger TL to the PIP... Look at this:

I don't think it is by chance, I came on here saying we would get two TL's in the next 20 pips and it could turn us around. We didn't even get 20 pips and we bounced.

Yeah, there might have been news as Catalyst, but remember, we had House prices just before to get us down to my TL in the 1st ^place after 2 hammers.

I've seen this happen too often to say it is by chance. Thats why I always have Tight stops as I use PA from S/R.

This rally might get faded and we will propably be done for the day but my strategy is to go for my levels. Was an interesting day, didn't stick to my plan to short which is dissappointing but didn't do too badly today.

Good luck to all ;-)

EDIT: I closed my trades, TL held :-D
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@pawpaw1000 on Twitter
  • #61,692
  • Nov 28, 2012 10:03am Nov 28, 2012 10:03am
Quoting lumesh
...and i have no effin idea how it's pronounced
Hello Shmuel
  • #61,693
  • Nov 28, 2012 10:22am Nov 28, 2012 10:22am
It's heading to 1.2957.
  • #61,694
  • Nov 28, 2012 11:10am Nov 28, 2012 11:10am
Quoting PipTrapper
LUther MErkel SHultz

still got it, bro....still got it
  • #61,695
  • Nov 28, 2012 11:14am Nov 28, 2012 11:14am
Again, the LFL-ATR Projections indy caught the high and the low of today's range in EurJpy....

and the 38% retrace held the bounce up from the low....
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Trading Levels with WRBs
  • #61,696
  • Nov 28, 2012 11:19am Nov 28, 2012 11:19am
PipTrapper, do you have any hammers left..? I assume you are already all-in..?
69
  • #61,697
  • Nov 28, 2012 12:09pm Nov 28, 2012 12:09pm
as told yesterday i set a pending buy order at 1.2875 and today morning i edited it to 1.2880, and now i have a good result, still is open and first target is 1.2955, if breaks i will hold it .
thank you PT , ken A for your good advices and sharing your trade ideas with me.
if daily candle close like what it is now (hammer), i will open another long position.
i think EU is under control of bulls
  • #61,698
  • Nov 28, 2012 12:58pm Nov 28, 2012 12:58pm
My analyses from this morning before NY played out to the pip. Why Can't I seem to stick to the darn plan! Would make a killing... Soo, Think we are done and will go down to 105.60 slowly... I got a short with sl 106.10, entry 105.95 soo tight stop ;-)

Good luck
@pawpaw1000 on Twitter
  • #61,699
  • Nov 28, 2012 1:01pm Nov 28, 2012 1:01pm
Quoting HCGroup
as told yesterday i set a pending buy order at 1.2875 and today morning i edited it to 1.2880, and now i have a good result, still is open and first target is 1.2955, if breaks i will hold it .
thank you PT , ken A for your good advices and sharing your trade ideas with me.
if daily candle close like what it is now (hammer), i will open another long position.
i think EU is under control of bulls
As end of this month is near - you could check monthly charts too.. Roundabouts of 2960 is very sensitive area - I would not recomend to buy in to this resistance..
69
  • #61,700
  • Nov 28, 2012 1:12pm Nov 28, 2012 1:12pm
Quoting pawpaw1000
My analyses from this morning before NY played out to the pip. Why Can't I seem to stick to the darn plan! Would make a killing... Soo, Think we are done and will go down to 105.60 slowly... I got a short with sl 106.10, entry 105.95 soo tight stop ;-)

Good luck
Hahaaaa... Okay, I forgot to tell you, my name is Mario Draghi and I decide what Happens on the markets :-D lol...

Funny though ;-)
@pawpaw1000 on Twitter
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