{quote}
"I know one thing, that I know nothing." Sokrates
- #72,361
- Jun 25, 2015 10:43am Jun 25, 2015 10:43am
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
- #72,362
- Jun 25, 2015 12:52pm Jun 25, 2015 12:52pm
- Joined Jun 2010 | Status: zero | 20,603 Posts
{quote}
Hello my friend,
long time no see no hear. Hope all is running well for you and your family. What are you cooking?
- #72,364
- Edited 8:22pm Jun 29, 2015 8:09pm | Edited 8:22pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
{quote}
Sorry everyone that I haven't been around much, but I haven't been actively trading for a while now. Just some old long term Euro shorts which I recently cashed in. Instead I have been focused on a very interesting and highly profitable software development project for an international gaming company. I love trading, but this particular project was a deal I could not pass up as it has paid 3 times what I normally make from Forex. Gotta go where the money is
So, what's the deal with Greece? Anyone think they will exit the Euro? and if they exit the Euro, what do you think the currency will do? Crash or just wobble a bit?
Here's my take. I think the market has pretty much already priced in a Greek default and has probably also partially priced in an exit. Therefore, if they do exit, I don't believe it will be detrimental for the Euro. Things have changed in the last year with the set up of the SSM which has given the market more confidence that the Euro banking system is now somewhat immune to the contagion risk associated with a grexit. Therefore, if the Greek referendum results in a NO result, all we will probably see is a knee jerk reaction to the downside followed by massive buying. The technicals are pretty much stretched to the downside now and some relief is long overdue. At minimum we should see a good solid bounce to retest the triangle which was broken at approx 1.2230
E/U Weekly (Remember this?)
My view for 2014. Happy New Year E/U Monthly {image}
Those who say it cannot be done should not interrupt those who are doing it
- #72,365
- Jun 29, 2015 8:35pm Jun 29, 2015 8:35pm
- Joined Mar 2012 | Status: Gold anyone | 6,524 Posts
{quote} Hi old pal. I'm always cooking something or other
hope to see you posting more
G
Wooooohooooo or Boooooohooooo
- #72,366
- Jun 29, 2015 8:56pm Jun 29, 2015 8:56pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
{quote} it's always a pleasure to read your point of view..... and it's surely missed by the entire FF familia hope to see you posting more
Those who say it cannot be done should not interrupt those who are doing it
- #72,368
- Jul 4, 2015 5:42am Jul 4, 2015 5:42am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Hi old friends, just stopped in to see how things are going. It's been a minute for myself. Hope all is well. Cheers!
Those who say it cannot be done should not interrupt those who are doing it
- #72,369
- Jul 5, 2015 3:19pm Jul 5, 2015 3:19pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
{quote} Hi old pal. I'm always cooking something or other
That's the initial knee jerk reaction. The next one comes when the official results are out.
Those who say it cannot be done should not interrupt those who are doing it
- #72,370
- Jul 5, 2015 6:13pm Jul 5, 2015 6:13pm
- | Joined Jun 2013 | Status: Trader | 1,144 Posts
{quote} ...and there you have it. The exit polls are strongly indicating a "No" vote on the Greek referendum and yet the Euro has only gapped down by approx 1.1 cent (110 pips). That's the initial knee jerk reaction. The next one comes when the official results are out.
Glad to see your post again.
- #72,371
- Jul 5, 2015 6:49pm Jul 5, 2015 6:49pm
- | Joined Apr 2011 | Status: Trader | 1,281 Posts
{quote} ...and there you have it. The exit polls are strongly indicating a "No" vote on the Greek referendum and yet the Euro has only gapped down by approx 1.1 cent (110 pips). That's the initial knee jerk reaction. The next one comes when the official results are out.
- #72,373
- Jul 6, 2015 3:55pm Jul 6, 2015 3:55pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
- #72,374
- Jul 6, 2015 3:58pm Jul 6, 2015 3:58pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
{quote}
{quote} ...you're back
Cheers
Those who say it cannot be done should not interrupt those who are doing it
- #72,375
- Jul 6, 2015 4:22pm Jul 6, 2015 4:22pm
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
- #72,376
- Jul 7, 2015 7:01am Jul 7, 2015 7:01am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
This graph tells me that there is no way the Eurozone members are going to let Greece exit the Euro. If they do, they can all kiss their significant percentage of GDP goodbye.
In many cases, the exposure represents several years of growth.
In many cases, the exposure represents several years of growth.
Those who say it cannot be done should not interrupt those who are doing it
- #72,377
- Jul 13, 2015 10:49am Jul 13, 2015 10:49am
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
