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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #67,521
  • Apr 25, 2013 4:34pm Apr 25, 2013 4:34pm
The euro seems to be in consolidation mode. I am long now 1.3014.

Reviewing some forums EuroTraderJD has posted a lot of news and unique style of trading. The money management system also sounds interesting. The win rate he claims is incredible.

It doesnt seem like he was a scammer and was genunly wanted to see everyone succeed. It looks like he is permanently banned if has not posted since. It must have been over some link which he had no control over.

I will say AMEN in his honor. Green Pips To All
  • #67,522
  • Apr 25, 2013 5:16pm Apr 25, 2013 5:16pm
Quoting ohenry
Gold still looking weak...needs a shakeout before continuing higher?? {image}
It looks like gold is going higher. I think it has retraced 1/2 of its downward thrust if I am not mistaken.
  • #67,523
  • Apr 25, 2013 11:10pm Apr 25, 2013 11:10pm
The long established at 1.3014 is now +23.

I am thinking we may see a rise like yesterday testing at least 1.3060. This is where I am going to put my limit order to close this trade and establish a short.
  • #67,524
  • Apr 26, 2013 2:19am Apr 26, 2013 2:19am
EUR/USD – Rests on 1.30
http://forexblog.oanda.com/20130425/...rests-on-1-30/
  • #67,525
  • Apr 26, 2013 2:41am Apr 26, 2013 2:41am
Quoting Harpe Eagle
{quote} 1.54770-85
I went short at 5465 yesterday
Those who say it cannot be done should not interrupt those who are doing it
  • #67,526
  • Apr 26, 2013 2:42am Apr 26, 2013 2:42am
Quoting 5percent
{quote} i see.. is that going anything to do with forex or personal?
Not Forex, Not personal. Other business.
Those who say it cannot be done should not interrupt those who are doing it
  • #67,527
  • Apr 26, 2013 3:11am Apr 26, 2013 3:11am
Quoting PipTrapper
{quote} I went short at 5465 yesterday

Me at 5473
Bulls Run. Bears Bite. We Profit.
  • #67,528
  • Apr 26, 2013 4:25am Apr 26, 2013 4:25am
Quoting Harpe Eagle
{quote} Me at 5473
Well done
Those who say it cannot be done should not interrupt those who are doing it
  • #67,529
  • Apr 26, 2013 5:18am Apr 26, 2013 5:18am
Quoting PipTrapper
{quote} Well done
Thanks master
Bulls Run. Bears Bite. We Profit.
  • #67,530
  • Apr 26, 2013 5:23am Apr 26, 2013 5:23am
M15 s: 1.30075 ............ R: 130377
H4 s: 1.29815 ............. R: 130787
Bulls Run. Bears Bite. We Profit.
  • #67,531
  • Apr 26, 2013 7:28am Apr 26, 2013 7:28am
US GDP in 5 minutes. May look to go short below 1.2990

My TP 1.3060 and LO to sell at the same level are still there from yesterday
  • #67,532
  • Apr 26, 2013 8:21am Apr 26, 2013 8:21am
3010 has been acting as support. I am still long @ 14 from yesterday. This line may act as support. If not I have a short @1.2988
  • #67,533
  • Apr 26, 2013 3:35pm Apr 26, 2013 3:35pm
Quoting chess king
only thoughts!? double top and rising wedge !?? target 28xx next week!? or 3200 breakout and 33xx happens..!?
I believe that nothing has changed this week .... for these thoughts..
  • #67,534
  • Apr 26, 2013 4:17pm Apr 26, 2013 4:17pm
Quoting chess king
{quote} I believe that nothing has changed this week .... for these thoughts..
Yep.. and tomorrow the sun will rise again

Have a great weekend everybody

Attached Image
Those who say it cannot be done should not interrupt those who are doing it
  • #67,535
  • Apr 26, 2013 7:12pm Apr 26, 2013 7:12pm
It appears the late day melt up did not occur. As they say in FX the only sure thing is the unexpected.

I am still long @ 1.3014 and in the money.

Have a great weekend.
  • #67,536
  • Apr 29, 2013 1:50am Apr 29, 2013 1:50am
Hello fellow traders,

Hope things are going good for you.

I have a clarification. One of my friend placed a SELL pending order in E/U at 1.29906 but he says that the order was executed at 1.29916. Is it possible to happen this way in a pending order??

Thanks in advance !!!
  • #67,537
  • Apr 29, 2013 1:52am Apr 29, 2013 1:52am
Is this wave count correct???

If so, is the E/U really gonna fall hard?? And that too, 3rd wave coming, I can't imagine where this pair is gonna land
Attached Image (click to enlarge)
Click to Enlarge Name: EU.png Size: 83 KB
  • #67,538
  • Apr 29, 2013 1:54am Apr 29, 2013 1:54am
Quoting FX Tsunami
Hello fellow traders, Hope things are going good for you. I have a clarification. One of my friend placed a SELL pending order in E/U at 1.29906 but he says that the order was executed at 1.29916. Is it possible to happen this way in a pending order?? Thanks in advance !!!
Yes it is very possible. Since it is a sell order and the order was executed at a better price to the benefit of the trader, it is called "positive' slippage so the b roker can and will usually allow it without adjustment. If it was the other way around (negative slippage) where the slippage was to the benefit of the broker, then the trader has the right to ask for an adjustment and the broker cannot refuse (as long as the broker is legit and properly registered with a trading authority)
Those who say it cannot be done should not interrupt those who are doing it
  • #67,539
  • Apr 29, 2013 2:01am Apr 29, 2013 2:01am
Quoting FX Tsunami
Is this wave count correct??? If so, is the E/U really gonna fall hard?? And that too, 3rd wave coming, I can't imagine where this pair is gonna land {image}
I don't think that is a proper wave count. I am not an EW expert, but from what I do know, you cannot call it until wave 1 is breached to the downside... if it is in fact a wave 1... which I doubt. To me it looks more like it is still in consolidation.
If you want an accurate current wave count, ask Luis Carlos in his Elliott Wave Outlook thread
Those who say it cannot be done should not interrupt those who are doing it
  • #67,540
  • Apr 29, 2013 2:02am Apr 29, 2013 2:02am
Quoting PipTrapper
{quote} Yes it is very possible. Since it is a sell order and the order was executed at a better price to the benefit of the trader, it is called "positive' slippage so the b roker can and will usually allow it without adjustment. If it was the other way around (negative slippage) where the slippage was to the benefit of the broker, then the trader has the right to ask for an adjustment and the broker cannot refuse (as long as the broker is legit and properly registered with a trading authority)
Oh okay.

But I'm sorry for wrong values. He actually placed at 1.29916 and it got executed at 1.29906. Now, as you said he has got the right to demand. Will the broker directly adjust the entry price (I dont think that is possible ) or the broker adjusts it with the spread he gained??
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