EURUSD

im long at 1.3435 anybody with me???

We not talking geographical area but economical might :-)

Seems to be alot of frustration in this thread lately
even though I can say some of it has been quite entertaining

long from last night stopped out +8 Im done for the day need to go get something done. We finaly have some sunshine

GOOD Pipin

All are going Short here Bro

GL

close all shorts from 1.3565 and 1.3591 wait for another deep for buying or
another high for sell. range mode now wait and wait

I've opened a long here, I think we could see 3720 this week.

If it happens tonight (9.00pm GMT+2) it means a move down of 165pips from the high we just reached. I think it might drop a little further than that but it will correct more than enough. It is also the support reached this morning. Most stops above that have been clear so we wont see a sudden drop after that point is reached.

What's a super trendy ? lol
Well like most people i sleep at night....8-10 hours a day if you want to know

Yeh well the thing is that without news it's hard to break support/resistance so i've decided to close all my short near the low and get a chance to short higher (which i did)..i didn't expected a bounce that high though

I doubt today's low will be broken...i'll still hold short and probably wait for tomorrow

BERLIN (Dow Jones)--Giving guarantees to Greece would end speculation against the country's sovereign bonds, Gustav A. Horn, research director with Duesseldorf-based IMK think tank said Tuesday.
"Guarantees alone would take the wind out of speculators' sails," Horn told reporters.
Lower refinancing costs would then make it easier for Greece to push ahead with its consolidation course and this would be better than demanding tough saving measures in times where the recession hasn't been fully overcome, he said.
Greek government bond prices have posted losses over the past weeks and the cost of insuring Greek debt against default has risen as the country is struggling with a deficit of over 12% of gross domestic product, four times the 3%-of-GDP threshold allowed under the European Union's budget pact.
The euro has also come under pressure amid concern about the future of the euro zone.
Greece has yet to convince markets and the European Commission that its proposed measures will be sufficient to reduce its deficit
by four percentage points this year and respect the E.U.'s 3% threshold in 2012, as promised.
Horn said that E.U. must deliver a clear verbal guarantee for help for all euro-zone countries that can't tackle their budget troubles on their own.
"We are in a common single market and there is a shared responsibility in a single market," Horn said.
He also said Greece's problems are partly due to imbalances in the euro zone, where countries such as Germany with currenct account surpluses profit from countries with current account deficits, such as Greece.
Horn also expressed support for reforming the E.U.'s Stability and Growth Pact and said a European Stabilization and Monetary Fund is needed in order to have instruments at hand to prevent handle similar crisis in future.
Commenting on the state of the German economy, Horn reiteratd the IMK's 2% growth forecast for this year.
"We are very optimistic for this year," said Hord, but added the development next year is uncertain because it's still unclear whether there will be a self-supportive upswing once global fiscal stimulus measures run out.

Web site: www.boeckler.de

-By Andrea Thomas, Dow Jones Newswires; +49 (0)30 2888 4126; [email protected]

OK, perhaps small lesson then:

When Russia defaults in 1998, nothing happens, I mean small compare to

Russia, as Ukraine still not in EURO Union, so you don't have to compare

Ukraine to Germany. And if want to, then compare it economically

and not size-wise. Ukraine GDP $180 Billion US dollars and Germany GDP

$3.65 Trillion. SO? Ukraine GDP 20 times smaller, now you tell me how big it

is?

am i the fucking man or what
when i wrote this i was a lot of pips in the red..

just came back to the charts.. and sittin gin the green grass
perfect 4h close.... praying for hourly to close at 3500 then hahha.. we gonna see the NEWEST LOW today

what do u mean range mode?

What's your tp ?

1.65 LOL

So his SL is maybe around 1.25....sounds nice

I think that 1.3530 looks like good entry zone,
There is a lot of fundamental support with Greece getting bailed out by Germany, interest rates up in Australia which may undermine false perception of usd as a safe heaven

Depends on the how much further it drops after entering that level. But i dont take more than 20pips on a trade. Ill close at 1.3460 max (yesterdays low)

http://www.cmavision.com/market-data

Highest Default Probabilities Entity Name Mid Spread CPD (%)
Argentina 1097.10 50.93
Venezuela 1012.73 49.51
Ukraine 869.48 43.55
Pakistan 780.45 41.25
Dubai/Emirate of 548.04 31.29
Latvia, Republic of 502.98 28.63
Iraq 469.20 27.88
Iceland 467.69 26.61
Greece 302.27 22.42
California/State of 285.10 21.98

And by the way Greece GDP: $314.6 Billion

which is almost twice as big as Ukraine.

1.3527 .. stop 30 pip....may not be ready to head back up just yet so keeping those stops tight