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EurAnalysis Kindergarten 24 replies

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  • #61,741
  • Nov 29, 2012 6:35am Nov 29, 2012 6:35am
May I ask, what Indies are?
Many thanks for a short explanation !
Best wishes to you all
  • #61,742
  • Nov 29, 2012 6:40am Nov 29, 2012 6:40am
Quoting mahogany
May I ask, what Indies are?
Many thanks for a short explanation !
Best wishes to you all
Commodities refer to herbs, coffee, etc originated by Dutch traders back in the days doing trading with India, if I am not mistaken.
  • #61,743
  • Nov 29, 2012 6:41am Nov 29, 2012 6:41am
Quoting rekon67
Inverted H/S on H1.
N line 2994 close above... target 3080.!?
  • #61,744
  • Nov 29, 2012 6:48am Nov 29, 2012 6:48am
Quoting Ken A
Commodities refer to herbs, coffee, etc originated by Dutch traders back in the days doing trading with India, if I am not mistaken.
corn, soy beans, brent ipe, crude, wheat, gold, silver etc. all of these are commodities

the euro is looking might bullish here.. breakout imminent?
Any prices quoted are futures
  • #61,745
  • Nov 29, 2012 6:51am Nov 29, 2012 6:51am
Quoting redteamgo
corn, soy beans, brent ipe, crude, wheat, gold, silver etc. all of these are commodities

the euro is looking might bullish here.. breakout imminent?
Very imminent.

Good data will overshoot 1.3010+
  • #61,746
  • Nov 29, 2012 6:54am Nov 29, 2012 6:54am
Thank you
  • #61,747
  • Nov 29, 2012 7:09am Nov 29, 2012 7:09am
Quoting Ken A
Very imminent.

Good data will overshoot 1.3010+
need to absorb this wave of sellers around the MR 2 level - they've been active for the last 3+ hours....good news will do that in a flash....
Trading Levels with WRBs
  • #61,748
  • Nov 29, 2012 7:09am Nov 29, 2012 7:09am
Quoting mahogany
Thank you
Are you a carpenter or lumberjack for using the name of wood species?
  • #61,749
  • Nov 29, 2012 7:14am Nov 29, 2012 7:14am
Quoting redteamgo
as much as i hate getting long in the face of such US economic peril, it is likely the thing to do or stand aside. trying to pick a top here is a bad idea. low volume risk-on can make dangerous moves. sure it may break down, but it might not. forget technicals & fundementals when a press announcement from boehner reverses a -1% bear day into a +1% bull day.

no one can say what it will do right unless they truly have that crystal ball. markets have been utter shit the past 2 weeks and i have to admit its a little scary.
very much agree with your sentiments.

my own personal belief, which is extreme i admit, is that fx trading on a lower level is dying off. between crazy hft, slippage, manipulation, etc this market is becoming a big turn off for the little guy.

there was a time when i enjoyed trading, that time has passed unfortunately.

anyway enough of my silliness, good trading to all.....
  • #61,750
  • Nov 29, 2012 7:14am Nov 29, 2012 7:14am
hello guys
with important US data in next 15 mins what you think?
if + US data eu will go up or down?
technically we are in important level and here is under long term tl and could be nice place to short but us news is coming and it always confuse me.

thanks
  • #61,751
  • Nov 29, 2012 7:20am Nov 29, 2012 7:20am
hi PT,markets very thin,expect them to be very volatile,price action appears to be firmly bullish,but may trap lot of bull if not careful.probably the impulse wave to down on weekly chart may start next week.presently scalping the market on the long side.dont forgets its month and year end.
Allah has permitted trade and has forbidden interest [koran]
  • #61,752
  • Nov 29, 2012 7:20am Nov 29, 2012 7:20am
Quoting HCGroup
hello guys
with important US data in next 15 mins what you think?
if + US data eu will go up or down?
technically we are in important level and here is under long term tl and could be nice place to short but us news is coming and it always confuse me.

thanks
based solely on the percentage of sellers, as per oanda, i would say we are going up

i wanted to add that is just my opinion...give it the weight it deserves (very little)
  • #61,753
  • Nov 29, 2012 7:24am Nov 29, 2012 7:24am
Quoting godrich
based solely on the percentage of sellers, as per oanda, i would say we are going up
so you think EU will go up even if us news becomes +
pt are you here?
  • #61,754
  • Nov 29, 2012 7:28am Nov 29, 2012 7:28am
Quoting Ken A
Are you a carpenter or lumberjack for using the name of wood species?
No no, nothing like that.
It was only, because the other nicks, i wanted were all occupied already and "mahogany" simply refers to one of my favorite songs.
  • #61,755
  • Nov 29, 2012 7:40am Nov 29, 2012 7:40am
Quoting mahogany
No no, nothing like that.
It was only, because the other nicks, i wanted were all occupied already and "mahogany" simply refers to one of my favorite songs.
I know. I kid
  • #61,756
  • Nov 29, 2012 7:44am Nov 29, 2012 7:44am
We have bad and good data:

USD Prelim GDP q/q 2.7%
USD Unemployment Claims 393K

Will wait for NYSE and expecting a test at 1.3009.
  • #61,757
  • Nov 29, 2012 7:46am Nov 29, 2012 7:46am
Quoting Ken A
I know. I kid
OK
  • #61,758
  • Nov 29, 2012 7:47am Nov 29, 2012 7:47am
The data is mixed.

I'm not gonna just jump in with sell positions but I'm certainly not buying at these levels. Besides, this is all on very thin liqiuidity with no smart money involvement.. so.. can you spell B-U-L-L-T-R-A-P ?

By the way... AUD is sinking.
Those who say it cannot be done should not interrupt those who are doing it
  • #61,759
  • Nov 29, 2012 7:50am Nov 29, 2012 7:50am
Quoting PipTrapper
The data is mixed.

I'm not gonna just jump in with sell positions but I'm certainly not buying at these levels. Besides, this is all on very thin liqiuidity with no smart money involvement.. so.. can you spell B-U-L-L-T-R-A-P ?

By the way... AUD is sinking.
Expected as safe haven. NZD too.

Where's the picture of the TRAP?
  • #61,760
  • Nov 29, 2012 7:53am Nov 29, 2012 7:53am
Quoting PipTrapper
The data is mixed.

this is all on very thin liqiuidity with no smart money involvement.. so.. can you spell B-U-L-L-T-R-A-P ?
you're right. no liquidity even after news.
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