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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #62,361
  • Dec 5, 2012 4:24am Dec 5, 2012 4:24am
Quoting wingou
bubble exploding ?
Much lower than expected EZ retail sales.
Well much lower than market expectations... not mine. I was expecting worse... around -2.0%
Those who say it cannot be done should not interrupt those who are doing it
  • #62,362
  • Dec 5, 2012 4:25am Dec 5, 2012 4:25am
Quoting sisse
Thks. Sure I have heard about Wyckoff. I was more interested to know what is your stance on TA. Clear now ...GL with those shorts...

sisse
Thanks Sisse. I am very confident they will reach the Ka-Ching level in the coming weeks. Might be a nice New Year gift ... or maybe Valentines
Those who say it cannot be done should not interrupt those who are doing it
  • #62,363
  • Dec 5, 2012 4:27am Dec 5, 2012 4:27am
Quoting PipTrapper
Thanks Sisse. I am very confident they will reach the Ka-Ching level in the coming weeks. Might be a nice New Year gift ... or maybe Valentines
what is ka-ching?
  • #62,364
  • Dec 5, 2012 4:30am Dec 5, 2012 4:30am
Worst EZ retail sales since May 2012

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Those who say it cannot be done should not interrupt those who are doing it
  • #62,365
  • Dec 5, 2012 4:31am Dec 5, 2012 4:31am
Quoting 5percent
what is ka-ching?
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Inserted Video
Those who say it cannot be done should not interrupt those who are doing it
  • #62,366
  • Dec 5, 2012 4:31am Dec 5, 2012 4:31am
Quoting 5percent
what is ka-ching?
Here ya go!

http://www.urbandictionary.com/define.php?term=ka-ching
  • #62,367
  • Dec 5, 2012 4:35am Dec 5, 2012 4:35am
Quoting PipTrapper
Attachment
lol, ok, nice chart.
  • #62,368
  • Dec 5, 2012 5:05am Dec 5, 2012 5:05am
Hi all - first time posting here.

For those who are interested in a different perspective on EURUSD, I have a monthly low side target of 1.2916 for December which has not yet been met. This is based on a system I am testing since Feb 2012. Its a neural net, kind of behavior modelling for the pair. Unfortunately, there are no charts etc. - just a black box that throws out high probability low and high targets.

Caveats:

1) System has not been tested live for the month of Dec/ Jan
2) The target levels it provides are conservative, and often exceeded
3) Between FEB and now, there's been only one missed target (June 2012 - high target missed by around 50 pips!)
4) Repeat: its still being tested, but the results so far (for months tested) look promising - I personally would not base any trades on this yet - its more of an academic exercise atm.

Happy to answer questions if any. I am also testing a similar weekly system. If there is much interest, I can provide regular projections, and later post test results for approx. past 10 months.
  • #62,369
  • Dec 5, 2012 6:20am Dec 5, 2012 6:20am
Quoting msood
Hi all - first time posting here.

For those who are interested in a different perspective on EURUSD, I have a monthly low side target of 1.2916 for December which has not yet been met. This is based on a system I am testing since Feb 2012. Its a neural net, kind of behavior modelling for the pair. Unfortunately, there are no charts etc. - just a black box that throws out high probability low and high targets.

Caveats:

1) System has not been tested live for the month of Dec/ Jan
2) The target levels it provides are conservative,...

Hi msood. Yes, regular projections and test results would be awesome.

Welcome to the thread.

Cheers
PT
Those who say it cannot be done should not interrupt those who are doing it
  • #62,370
  • Dec 5, 2012 6:50am Dec 5, 2012 6:50am
Quoting PipTrapper
Hi msood. Yes, regular projections and test results would be awesome.

Welcome to the thread.

Cheers
PT
Thx PT - will do.
  • #62,371
  • Dec 5, 2012 7:09am Dec 5, 2012 7:09am
Quoting PipTrapper
Hi msood. Yes, regular projections and test results would be awesome.

Welcome to the thread.

Cheers
PT
the retail sales really helped maintain the integrity of the upper TL. the NFP data will hopefully be the nail in the coffin i want some more easy money from shorting
Any prices quoted are futures
  • #62,372
  • Dec 5, 2012 7:33am Dec 5, 2012 7:33am
Not sure which hammer is safe to use.

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  • #62,373
  • Dec 5, 2012 7:34am Dec 5, 2012 7:34am
ken

are you short now?
Wooooohooooo or Boooooohooooo
  • #62,374
  • Dec 5, 2012 7:35am Dec 5, 2012 7:35am
Nope, still babysitting the longs.
  • #62,375
  • Dec 5, 2012 7:44am Dec 5, 2012 7:44am
Quoting Ken A
Nope, still babysitting the longs.
Wow, you still holding out? I reckon the top is in, unless 3047 holds us up, then we might have another go upwards...

I got short 3110 and 3112 with sl 3120... TP TBD
@pawpaw1000 on Twitter
  • #62,376
  • Dec 5, 2012 7:47am Dec 5, 2012 7:47am
I have been holding longs since PA was at 1.269x. What else should I consider? And this is real $.
  • #62,377
  • Dec 5, 2012 7:48am Dec 5, 2012 7:48am
Quoting Ken A
I have been holding longs since PA was at 1.269x. What else should I consider? And this is real $.
Glad you're using real money! I know you've been long for a while but was wondering what your target was?

We've all blown a small account somewhere ;-)
@pawpaw1000 on Twitter
  • #62,378
  • Dec 5, 2012 7:49am Dec 5, 2012 7:49am
TBA as PA progresses

Or should I be worried with -40 pips drop?

Define small accounts: 5 - 7 figures?
  • #62,379
  • Dec 5, 2012 7:57am Dec 5, 2012 7:57am
Quoting Ken A
TBA as PA progresses

Or should I be worried with -40 pips drop?

Define small accounts: 5 - 7 figures?
No, it's not really the size of the drop, it's more the location of the drop :-) That gives us basically a triple top and looking at PA, the upmove looked very forced while this down move is flowing pretty freely.

But hey, I know you don't use SL's and now I see you don't use targets either so we wouldn't be seeing things the same way ;-)

And since you seem to think a small account is 6-7 figures, you must be trading for a living and livin the dream :-D

For me, 3075 needs to go on daily (close below) and 3047 within the next 24hrs for this bear to take us down.
@pawpaw1000 on Twitter
  • #62,380
  • Dec 5, 2012 8:03am Dec 5, 2012 8:03am
This is just a normal retrace and markets are using news release as catalyst to pick up bids. Whether it continues no one knows but below 1.3062 without bad news is more likely to the downside as bear retrace.
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