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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #64,041
  • Dec 20, 2012 12:22pm Dec 20, 2012 12:22pm
Poll time...

Who thinks Boehner's Plan B bill will end up being the final deal (even if amended by senate)?
Those who say it cannot be done should not interrupt those who are doing it
  • #64,042
  • Dec 20, 2012 12:36pm Dec 20, 2012 12:36pm
I say No. The Fat Lady isnt even on stage yet. S&P and DOW must drop to get their attention. Then its "we saved the American economy!"
Trade smaller than rational because the market is irrational...
  • #64,043
  • Dec 20, 2012 1:13pm Dec 20, 2012 1:13pm
Quoting PipTrapper
Poll time...

Who thinks Boehner's Plan B bill will end up being the final deal (even if amended by senate)?
Not a chance. Over the cliff it is.
  • #64,044
  • Dec 20, 2012 1:32pm Dec 20, 2012 1:32pm
Quoting EuroTraderJD
I say No. The Fat Lady isnt even on stage yet. S&P and DOW must drop to get their attention. Then its "we saved the American economy!"
Quoting D2tz
Not a chance. Over the cliff it is.
So far the results are...

Respondents: 5 (the two of you, myself and 2 others on Twitter)
Yes: 0
No: 5
Those who say it cannot be done should not interrupt those who are doing it
  • #64,045
  • Dec 20, 2012 1:56pm Dec 20, 2012 1:56pm
Quoting PipTrapper
So far the results are...

Respondents: 5 (the two of you, myself and 2 others on Twitter)
Yes: 0
No: 5
A big fat No dice

Obama wants someone to blame for the inevitable.

He doesnt want to be the reason the economy never came roaring back during his 2nd term.
  • #64,046
  • Edited 3:16pm Dec 20, 2012 2:02pm | Edited 3:16pm
EURUSD Neural Net modelling (daily):

(EXPERIMENTAL)

21-Dec-12 s-range
1.3254
1.3230

Intraday sentiment:
"up", above 1.3272
"down" below 1.3213
(on hourly close basis)

updated xls attached
Attached File(s)
File Type: xlsx eufcast.xlsx   15 KB | 243 downloads
  • #64,047
  • Dec 20, 2012 2:37pm Dec 20, 2012 2:37pm
Quoting PipTrapper
Been playing with my weekly chart trying to make a technical argument (not just fundamental) for the bears on a longer term perspective.

I see potential inverted H/S, but the right shoulder is missing. So, let's get it painted so when it's done, we can start buying this sucker.

E/U Weekly:
Attachment
What's wrong with this one?

Attached Image (click to enlarge)
Click to Enlarge Name: shoi.png Size: 46 KB
"Don't Panic..."
  • #64,048
  • Dec 20, 2012 3:05pm Dec 20, 2012 3:05pm
Quoting Halifax
What's wrong with this one?

Attachment
Technically, too steep (too expensive to buy). Likely scenario - Yellow line - 1.2880 - bounce to 1.35xx.

Panics attack from those politicians - Green line - 1.3170/20 - break out area - bounce to 1.35xx.

Just a theory after seeing US Data today and the reactions.


Attached Image (click to enlarge)
Click to Enlarge Name: shoi.png Size: 50 KB

  • #64,049
  • Dec 20, 2012 3:28pm Dec 20, 2012 3:28pm
I like this HS by MIG (Myingraysuit)

http://www.forexfactory.com/attachme...3&d=1355532011
Stocktwit: LuisCarlos - twitter: @lcparodi
  • #64,050
  • Dec 20, 2012 5:22pm Dec 20, 2012 5:22pm
ill brag. i deserve this trade. up several thousand usd

get ready for a MONSTER selloff tomorrow (i hope). futures already went limit down and bounced. always insane when that happens

imagine leaving long orders in.. holy cow that must hurt.
Attached Image (click to enlarge)
Click to Enlarge Name: s&p.jpg Size: 214 KB
Any prices quoted are futures
  • #64,051
  • Dec 20, 2012 5:30pm Dec 20, 2012 5:30pm
Quoting redteamgo
ill brag. i deserve this trade. up several thousand usd

get ready for a MONSTER selloff tomorrow (i hope). futures already went limit down and bounced. always insane when that happens

imagine leaving long orders in.. holy cow that must hurt.
Nice congrats
E/U under 1.32.. I suspect others will be happy too
  • #64,052
  • Dec 20, 2012 5:32pm Dec 20, 2012 5:32pm
Boehner's Plan B fiscal cliff bill pulled http://www.cnn.com/2012/12/20/politi...iff/index.html
  • #64,053
  • Dec 20, 2012 5:32pm Dec 20, 2012 5:32pm
Quoting D2tz
Nice congrats
E/U under 1.32.. I suspect others will be happy too
Thank you.
Any prices quoted are futures
  • #64,054
  • Dec 20, 2012 5:54pm Dec 20, 2012 5:54pm
Quoting redteamgo
ill brag. i deserve this trade. up several thousand usd

get ready for a MONSTER selloff tomorrow (i hope). futures already went limit down and bounced. always insane when that happens

imagine leaving long orders in.. holy cow that must hurt.
This is the bubble burst I've been telling you about.

How appropriate that in comes on Doomsday. The ancient Mayans are chuckling in their graves... Perhaps that's why we had a "Gravestone" doji on E/U and G/U
Those who say it cannot be done should not interrupt those who are doing it
  • #64,055
  • Dec 20, 2012 5:57pm Dec 20, 2012 5:57pm
Quoting PipTrapper
This is the bubble burst I've been telling you about.

How appropriate that in comes on Doomsday. The ancient Mayans are chuckling in their graves... Perhaps that's why we had a "Gravestone" doji on E/U and G/U
yeah, I knew it was coming. that is why I have been day trading longs during this grind higher. this is a fine christmas indeed. i'm glad I hung in there this month. the exchange was so bogged i couldnt even get an order in anywhere close to the bottom to take anything off.. it peaked at $2025 per contract.
Any prices quoted are futures
  • #64,056
  • Dec 20, 2012 6:15pm Dec 20, 2012 6:15pm
Can we please have a gravestone doji on the weekly as well? Pretty please?

Attached Image (click to enlarge)
Click to Enlarge Name: eu-w1.gif Size: 22 KB
Those who say it cannot be done should not interrupt those who are doing it
  • #64,057
  • Dec 20, 2012 6:17pm Dec 20, 2012 6:17pm
Quoting redteamgo
yeah, I knew it was coming. that is why I have been day trading longs during this grind higher. this is a fine christmas indeed. i'm glad I hung in there this month. the exchange was so bogged i couldnt even get an order in anywhere close to the bottom to take anything off.. it peaked at $2025 per contract.
Congrats Red. You certainly deserve it. Your patience has paid off
Those who say it cannot be done should not interrupt those who are doing it
  • #64,058
  • Dec 20, 2012 6:23pm Dec 20, 2012 6:23pm
So this is my story... It's 3:20 am here. 20 minutes ago I woke out of a dream. In that dream I witnessed the equity markets crash. For some reason I woke out of my dream and felt the need to check my tablet and to my surprise the Euro was at 1.3190. Then I got up and came to my workstation and lo and behold I see that lovely spike down on the SP500
Those who say it cannot be done should not interrupt those who are doing it
  • #64,059
  • Dec 20, 2012 6:28pm Dec 20, 2012 6:28pm
Quoting PipTrapper
So this is my story... It's 3:20 am here. 20 minutes ago I woke out of a dream. In that dream I witnessed the equity markets crash. For some reason I woke out of my dream and felt the need to check my tablet and to my surprise the Euro was at 1.3190. Then I got up and came to my workstation and lo and behold I see that lovely spike down on the SP500
What's your expectations for tomorrow?
Also, U/C @ par... Is that in your premonition? Along with the end of time?
  • #64,060
  • Dec 20, 2012 6:31pm Dec 20, 2012 6:31pm
Quoting PipTrapper
So this is my story... It's 3:20 am here. 20 minutes ago I woke out of a dream. In that dream I witnessed the equity markets crash. For some reason I woke out of my dream and felt the need to check my tablet and to my surprise the Euro was at 1.3190. Then I got up and came to my workstation and lo and behold I see that lovely spike down on the SP500
hate to tell you , but you are still dreaming.... really the Euro is at 1.3532.
Kill the ego, or it will kill the mission.
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