DislikedSpooky! I'm sure it's just a test 'in case' but who knows when a bank holiday will be declared, this weekend scares me a bit.Ignored
Could the outcome affect ALL other currency pairs?
EurAnalysis Kindergarten 24 replies
DislikedSpooky! I'm sure it's just a test 'in case' but who knows when a bank holiday will be declared, this weekend scares me a bit.Ignored
DislikedAgreed! In your opinion, would it be unwise to hold positions in other currency pairs over the weekend?
Could the outcome affect ALL other currency pairs?Ignored
DislikedMy guess would be yes, but better to ask someone like PT. I only trade one pair anyway.
If Syrizia is voted in, it could be risk off across the board (I think) which would affect all pairs. I wouldn't risk it, honestly, it really isn't worth it for these uncertain eventsIgnored
Dislikedthat would mean May didn't happen. just saying why even try to predict price movement that far with so much data and news coming out soon especially? if you are long just take daily pips and try again long the next day, until you no longer see long
maybe you already do trade that way, i know you are a damn good trader, but i just don't see any catalyst for 1.30 and dont know why you would even think of it as a possibliity
i'm actually surprised we aren't tanking right now with how fast Greeces banks are being emptied, you can tell its still...Ignored
DislikedTechnically (1.288-1.30) has no problem. Fundamentally: If the Greece Goverment reaches the mayority in the parlament this weekend. You will see 1.30Ignored
DislikedBut why? You never gave the reason why, technically or fundamentally. To me that is too large of a retracement. Even if Greece did not exist we would still be headed down, they aren't even the largest problem in the Eurozone :/ It all hangs on June 20th, speculative QE and very large net short position is the only reason for longs now.
If we don't get it (QE) which we probably won't, markets WILL force QE by destroying the Euro and therefore everything priced in USD. Gold will hold its gains the best as always, but still better to just short Euro...Ignored
DislikedI'm guessing down until London, then a trip higher ceterus paribus.Ignored