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EurAnalysis Kindergarten 24 replies

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EurAnalysis

  • #70,681
  • Nov 15, 2013 12:36am Nov 15, 2013 12:36am
Quoting fxlover11
My preferred wave count. GU is in wave B which is correction of wave A . Now the question is how strong this wave B is? BTW at the end of wave B a downward move towards 1.57xx-1.56xx is expected. {image}

If 5900 is breached and held, then the measured target for the "double top and shoulders" (I know... a new pattern ) should be 1.55xx.
More specifically 1.5528


G/U Daily
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Those who say it cannot be done should not interrupt those who are doing it
  • #70,682
  • Nov 15, 2013 12:40am Nov 15, 2013 12:40am
That is a monster, double head and shoulder
Don't believe me just watch!
  • #70,683
  • Nov 15, 2013 12:51am Nov 15, 2013 12:51am
Quoting PipTrapper
The Euro is what it is. Same old resilient and stubborn pair that isn't going to die without a big fight. If it is the ECB's intention to lower this exchange rate (as it should be), they are failing miserably as capital flows continue to cross the world's oceans into the European equity markets... and now that the ECB has cut rates and has hinted that it may launch other easing tools, this makes Euro stocks even more attractive. Typically this should lower the Euro, but I'll believe that when I see it. Too much false hope has been invested by me...
Hello to all,

I am very delighted, that this thread is alive again!
So, because I have nothing to add atm to your analysis, PipTrapper, I dare to go a bit off topic and share a chart that encourages me to open first (small) short on S&P, after couching for ages like a cat in front of a mousehole.
Lucky trading to all of you
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  • #70,684
  • Nov 15, 2013 12:53am Nov 15, 2013 12:53am
Addition:
First goal. 1751-1755
  • #70,685
  • Nov 15, 2013 12:56am Nov 15, 2013 12:56am
Quoting LCForex
That is a monster, double head and shoulder
Yes it sure is, and if it plays out it's going to change the entire GBP landscape.
Of course the risk is that it turns into a massive bull flag and heads up to 1.6625
Those who say it cannot be done should not interrupt those who are doing it
  • #70,686
  • Nov 15, 2013 1:00am Nov 15, 2013 1:00am
Quoting mahogany
{quote} Hello to all, I am very delighted, that this thread is alive again! So, because I have nothing to add atm to your analysis, PipTrapper, I dare to go a bit off topic and share a chart that encourages me to open first (small) short on S&P, after couching for ages like a cat in front of a mousehole. Lucky trading to all of you {image}
Thanks for your post Mahogany.
Yes I am also waiting for a decent correction on the SP500 index. In fact I have already started building my short position on this index and although it is currently underwater, I still sleep well at night and refuse to let Yellen's yellin' deter me.

SP500 Daily
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Those who say it cannot be done should not interrupt those who are doing it
  • #70,687
  • Nov 15, 2013 1:01am Nov 15, 2013 1:01am
Quoting LCForex
That is a monster, double head and shoulder
By the way LC, you have mail. Check your PM.
Those who say it cannot be done should not interrupt those who are doing it
  • #70,688
  • Nov 15, 2013 1:04am Nov 15, 2013 1:04am
Quoting infinitus
nice EW analyses http://www.marketoracle.co.uk/UserIn...or_Horvat.html
Thanks Infinitus
Those who say it cannot be done should not interrupt those who are doing it
  • #70,689
  • Nov 15, 2013 1:21am Nov 15, 2013 1:21am
Quoting PipTrapper
Good Morning, afternoon and evening fellow EurAnalysis readers. It seems that I have neglecting my own thread. Once a thread that was in the top 3 most popular threads in Forex Factory. I guess I got a bit too adventurous and started posting in other threads such as the Cable thread, the Aussie thread and one of my favorites.. The Club. Unfortunately in the process of running around, I forgot to visit home regularly. Well folks, that adventurous spirit is about to come back home to roost. From now on I will be posting here daily and reviving this...
It's a good decision, I can remember this thread in a year ago (maybe two) and it's activity. but suddenly this thread powered off, no updates, no analysis and ...
at first i thought you are busy or you are not working fx anymore but when i saw you're live in another threads, this was my feeling:
However i am happy with this decision, i learnt a lot from this threads.
This thread is in top 3 most popular threads in ff as you said, and should live

Keep up the good work PT

cheers
  • #70,690
  • Nov 15, 2013 1:29am Nov 15, 2013 1:29am
Quoting HCGroup
{quote} It's a good decision, I can remember this thread in a year ago (maybe two) and it's activity. but suddenly this thread powered off, no updates, no analysis and ... at first i thought you are busy or you are not working fx anymore but when i saw you're live in another threads, this was my feeling: However i am happy with this decision, i learnt a lot from this threads. This thread is in top 3 most popular threads in ff as you said, and should live Keep up the good work PT cheers
Thank you HC. I will do my best with the help of all who contribute here
To all of you
Those who say it cannot be done should not interrupt those who are doing it
  • #70,691
  • Nov 15, 2013 1:36am Nov 15, 2013 1:36am
My fusion of the Three Dragons that I developed in Sonic's thread with the MTF stochastics and matrix from the Genesis thread have given me a subjective methodology for my intra day trading - aka pirating of pips

The first sell from the MP 3 SD level stopped at todays VWAP line - not shown to avoid clutter - and the increased volume suggested banking and I did.

The second sell finally hit my TP at the confluence of the DP and **50 level and so a good start towards my daily quota

BTW there was also a nice sell in mid FH in gold for ~ $5 or 25% of its daily range.....
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Trading Levels with WRBs
  • #70,692
  • Nov 15, 2013 1:39am Nov 15, 2013 1:39am
Quoting Islander
My fusion of the Three Dragons that I developed in Sonic's thread with the MTF stochastics and matrix from the Genesis thread have given me a subjective methodology for my intra day trading - aka pirating of pips The first sell from the MP 3 SD level stopped at todays VWAP line - not shown to avoid clutter - and the increased volume suggested banking and I did. The second sell finally hit my TP at the confluence of the DP and **50 level and so a good start towards my daily quota BTW there was also a nice sell in mid FH in gold for ~ $5...
Nice catch my friend. Can you buy me lunch today?
As you can see, I'm didn't do so well.
Those who say it cannot be done should not interrupt those who are doing it
  • #70,693
  • Nov 15, 2013 1:40am Nov 15, 2013 1:40am
I don't know why i have no luck with GU, immediately after i short it, it goes long, and instantly after i long it, it goes short
since now my strategy for working on this pair should be like that: after analysing and when i decided to short it, i should click on BUY and vice versa

for example 2 days ago when it reached 1.60 my pending sell limit activated @ 1.6
in less than 15min my position was in +50 pip and in that time i have saying with myself: 1.59 is mine, 1.58 is mine, 1.55 mine, 1.5 mine, 1.00 mine, 0.5 mine, No GBP in the world mine .....
Just after 5mins my +50 pips turned into -50 pips

And still sitting in front of LCD and watching MR GBP how laugh at me.

How ever i see this Coward like this:
Attached Image (click to enlarge)
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Just after going below MA and also come back below broken tl, i can be hopeful for it's downside move
  • #70,694
  • Nov 15, 2013 1:43am Nov 15, 2013 1:43am
Quoting PipTrapper
{quote} Thanks Infinitus




good to see the thread breathing.......
  • #70,695
  • Nov 15, 2013 1:55am Nov 15, 2013 1:55am
Quoting PipTrapper
{quote} Nice catch my friend. Can you buy me lunch today? As you can see, I'm didn't do so well.
Thanks and NP - just pop over in your Gulfstream and after I'll fire up my logburner and we can share a bottle of your favourite tipple....
Trading Levels with WRBs
  • #70,696
  • Nov 15, 2013 1:59am Nov 15, 2013 1:59am
Quoting Islander
{quote} Thanks and NP - just pop over in your Gulfstream and after I'll fire up my logburner and we can share a bottle of your favourite tipple....
Just warming up the engines now.
If I don't show up it's probably because I'm busy re-affirming my "Mile high club" membership
Those who say it cannot be done should not interrupt those who are doing it
  • #70,697
  • Nov 15, 2013 2:18am Nov 15, 2013 2:18am
Quoting PipTrapper
{quote} Just warming up the engines now. If I don't show up it's probably because I'm busy re-affirming my "Mile high club" membership

Now who would ever believe that p*ssy trumped Glenfiddich.....the Scots will be worried....
Trading Levels with WRBs
  • #70,698
  • Nov 15, 2013 2:28am Nov 15, 2013 2:28am
Quoting Islander
{quote} Now who would ever believe that p*ssy trumped Glenfiddich.....the Scots will be worried....
Nobody would believe that... including me, but Glenfiddich is best served wet. Even a Scotsman cannot deny that
Those who say it cannot be done should not interrupt those who are doing it
  • #70,699
  • Nov 15, 2013 2:57am Nov 15, 2013 2:57am
Quoting PipTrapper
{quote} If 5900 is breached and held, then the measured target for the "double top and shoulders" (I know... a new pattern ) should be 1.55xx. More specifically 1.5528 G/U Daily {image}
Yes if head & shoulder works out it is very possible imo. Fifth wave failure makes the head double (3rd wave top and 5th wave top) . BTW your new pattern .
Never test the depth of water with both feet.
  • #70,700
  • Nov 15, 2013 4:08am Nov 15, 2013 4:08am
Quoting PipTrapper
Good Morning, afternoon and evening fellow EurAnalysis readers. It seems that I have neglecting my own thread. Once a thread that was in the top 3 most popular threads in Forex Factory. I guess I got a bit too adventurous and started posting in other threads such as the Cable thread, the Aussie thread and one of my favorites.. The Club. Unfortunately in the process of running around, I forgot to visit home regularly. Well folks, that adventurous spirit is about to come back home to roost. From now on I will be posting here daily and reviving this...

Bravo, Maestro!
Per aspera ad astra
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