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PipTrapper replied Sep 29, 2011Good morning everyone and welcome to the new posters. Sorry I don't have time to say much as I am in analysis mode right now. Price has moved back up as I anticipated yesterday. Today will be an interesting day so I want to make sure I end up on the ...
EurAnalysis
- PipTrapper commented Sep 28, 2011
Yes I do realize that. I've been trading it since 2002. That's just great that the crisis is driving it mad. That's probably why the euro is driving ME mad. Misplaced anger. lol Anyway, I look forward to the continuation of the downtrend. I know it ...
5 Most Predictable Currency Pairs – Q4 2011
- PipTrapper commented Sep 28, 2011
Glad EUR/USD didn't make the predictable list. If it was predictable it would already be below 1.20 and I wouldn't have any opportunity to short it.
5 Most Predictable Currency Pairs – Q4 2011
- PipTrapper commented Sep 28, 2011
Never mind a buy stop. I'm already in at the low... and in the money.
USDJPY: Consolidates With Downside Bias, Set To Target The 75/92 level.
- PipTrapper replied Sep 28, 2011
Read this article by Dow Jones and add the mentioned dates to your calendar of events as they probably won't show up on the FF events calendar. EU CRISIS ROAD MAP: KEY MILESTONES AHEAD .
14 Year Old Forex Trader's Lessons
- PipTrapper replied Sep 28, 2011
Read this article by Dow Jones and add the mentioned dates to your calendar of events as they probably won't show up on the FF events calendar. EU CRISIS ROAD MAP: KEY MILESTONES AHEAD .
EurAnalysis
- PipTrapper commented Sep 28, 2011
If his predictions come true, $1,000 or €10,000,000
Head Of UniCredit Securities Predicts Imminent End Of The Eurozone And A Global Financial...
- PipTrapper commented Sep 28, 2011
haha It's more like "Wow!!! Did WE do that? Hey, we're getting good at it"
USDJPY: Consolidates With Downside Bias, Set To Target The 75/92 level.
- PipTrapper replied Sep 28, 2011
This explains the sudden bearish momentum. It won't last but we should probably be prepared to short at the next opportunity. Probaly before Friday close of the European session. NEWS: Spain, Italy Extend Bans on Shorting Bank Shares IMPLICATION: ...
14 Year Old Forex Trader's Lessons
- PipTrapper replied Sep 28, 2011
This explains the sudden bearish momentum. It won't last but we should probably be prepared to short at the next opportunity. Probaly before Friday close of the European session. NEWS: Spain, Italy Extend Bans on Shorting Bank Shares IMPLICATION: ...
EurAnalysis
- PipTrapper replied Sep 28, 2011
I like to believe that "hindsight is 20/20" but sometimes I have to doubt even that saying. A thought crossed my mind that perhaps I should have just accepted the 1.3689 high that slightly pierced the falling channel resistance as the entry point ...
14 Year Old Forex Trader's Lessons
- PipTrapper replied Sep 28, 2011
Hi lruston and welcome to EurAnalysis. Looking forward to your posts. Cheers
EurAnalysis
- PipTrapper replied Sep 28, 2011
I like to believe that "hindsight is 20/20" but sometimes I have to doubt even that saying. A thought crossed my mind that perhaps I should have just accepted the 1.3689 high that slightly pierced the falling channel resistance as the entry point ...
EurAnalysis
- PipTrapper commented Sep 28, 2011
Perhaps, but I wouldn't place any bets on it. Do you know how to spell INTERVENTION?
USDJPY: Consolidates With Downside Bias, Set To Target The 75/92 level.
- PipTrapper replied Sep 28, 2011
Your monthly chart is missing some data. The low in 2010 was 1.1875
EurAnalysis
- PipTrapper replied Sep 28, 2011
Nobody "KNOWS" anything. We just go with the best evidence available both from a macro perspective as well as micro, both technicals as well as fundamentals. ADD: ... and a good understanding of market psychology.
14 Year Old Forex Trader's Lessons
- PipTrapper replied Sep 28, 2011
until such time as this week's rising trend line is broken, I am not ready to short until we get through month end. The big move down is not coming until the October monthly candle.
14 Year Old Forex Trader's Lessons
- PipTrapper replied Sep 28, 2011
Patience grasshopper. lol Just sit on your hands and rock yourself back and forth. That's what I do
Now alternatively, if the price makes an H1 close below this week's rising trend line, I may then look for a price action signal to go short at ...EurAnalysis
- PipTrapper replied Sep 28, 2011
Buma, If you look at the H1 chart, between yesterday's high and today's high, followed by the latest move down, we have created a cup and handle pattern. Bullish continuation on break of yesterday's high. Although, the handle is a bit deep but ...
14 Year Old Forex Trader's Lessons