kno and all, As PT said this article by Gordon Long puts everything together in one concise read. The one important point he made that I believe could give the EZ some time is: "The EU has no ability to solve this problem short of simply printing ...

EurAnalysis

Thank you for clarifying those points for me. After re-reading your post, I think your MM strategy is very conservative, since your stops are based on just your initial equity and not increased (compounded) from increases to your equity. If I'm ...

EurAnalysis

I understand where your trying to go with this as I read your thread. I find it interesting and at times confusing since I'm not a math wiz. With that being said, I have a couple of questions: With this method are you proposing to let the stop take ...

EurAnalysis

I'm no where near an expert with this supply/demand stuff and I am learning as I go, but it fits in so well with the system I use I've become kind of hooked on it. (Ahh, give me my S/D fix. ) Here are a couple charts of S/D.

EurAnalysis

I understand. These areas are zones, not a specific number. So the numbers I state are also just basically an area.

EurAnalysis

I agree. Once this current area breaks down I'm showing around 1.2200 or there abouts. Then after that will be the 1.1875 low established June 2010.

EurAnalysis

Good job on the pips. As far as 1.2500 being "historical" support, I have to disagree as I'm not seeing any actual support there. However, it will be a major psychological level once price gets there.

EurAnalysis

I think at the 1.18 level is when things will start to get interesting. The next major level below that is 1.16 or there abouts. One has to remember this current scenario is of Europes own making. If price eventually breaks the latter, parity will ...

EurAnalysis

It didn't want to go through. Someone was teasing us.

EurAnalysis

Here you go. Weekly that goes back to Nov 2004. The yellow line is where price is currently.

EurAnalysis

But will it continue down? Entered at 2300 GMT. If it breaks through this area should see 2745 or there abouts without too much difficulty.

EurAnalysis

kno, you just seem to know what to post to get my blood boiling. Not that this is a surprise, as I've known this for a few months.

EurAnalysis

I'm not saying there will be a retrace, as I'm still looking for more downward movent tommorow, but until I get that confirmation I'm open to a potential retrace from the current area.

EurAnalysis

A couple of S/D charts — Here are a couple of supply/demand charts. The first one is a daily showing the overall big picture. The second is an H4 of the current scenario.

EurAnalysis

I'm impressed by those that can do this. I'm a short term trader, as my psychological makeup does not allow me to do as you do.

EurAnalysis

I can go with that. I have S2 in the same area. This is more of an OMG Europe's falling apart, rather than any positive numbers from the US. And I do believe a correction or some more consolidation is in the works.

EurAnalysis

I'm seeing more down potential. The next area has a top around 1.2735 and not really anything between here and there to stop it. edit: But then again anything is possible. One never knows what New York really wants to do anymore.

EurAnalysis

That was a good article. Leave it to the Keynesians who put us in this mess. For those of us who follow the Austrian school and Libertarian thought, in the end all we can do is shake our heads, give a sad chuckle, and say "we told you so".

EurAnalysis

I want to see some selling so we can use up this demand down here and go for some new lows.

EurAnalysis

Not sure about 10 screens. A six screen with an Intel i7(960) @ 3.8 GHz and 6 GB DDR3 ram and 1 Tbyte memory starts at $3400 USD.

EurAnalysis