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  • #3,941
  • Oct 14, 2011 3:14am Oct 14, 2011 3:14am
Quoting T@rantula
Vgood, You go with the flow.
Thanks for complement i try and i put in my mind "It's Friday and play with 35% of my Normal lot size"
R:R = 1 : 4

I want ask question here and I'm intrested to know each one view after all most of you from EZ an know better than me
What will happen if announce Greece is out EU?
  • #3,942
  • Oct 14, 2011 3:19am Oct 14, 2011 3:19am
Quoting egkid
Thanks for complement i try and i put in my mind "It's Friday and play with 35% of my Normal lot size"
R:R = 1 : 4

I want ask question here and I'm intrested to know each one view after all most of you from EZ an know better than me
What will happen if announce Greece is out EU?
Massive risk off, stocks down, EURUSD like 1.2000min then on the dips there will be buyers ONLY IF Italy and Spain will maintain current levels of debt.

Seb
  • #3,943
  • Oct 14, 2011 3:21am Oct 14, 2011 3:21am
Quoting egkid
Thanks for complement i try and i put in my mind "It's Friday and play with 35% of my Normal lot size"
R:R = 1 : 4

I want ask question here and I'm intrested to know each one view after all most of you from EZ an know better than me
What will happen if announce Greece is out EU?
Wont happen.

Hypothetically speaking, it would be the beginning of the end of the Euro as a currency.
Don't get mad, get even!
  • #3,944
  • Oct 14, 2011 3:30am Oct 14, 2011 3:30am
Quoting stulic
Wont happen.

Hypothetically speaking, it would be the beginning of the end of the Euro as a currency.
Remember markets don't care about end of some currency. Currencies come, currencies go, no one gives a sh!t. There are peopole that want to make money on it. HUGE money... They do not give a %$#@ mate.

Cheers,
Seb
  • #3,945
  • Oct 14, 2011 3:36am Oct 14, 2011 3:36am
DAX up, Eurostooox 50 up , FTSE up, gold up futures up. 1.3950 here we come. we still have hope that everything will be ok, due to EFSf expansion.
Isn't it logical, just asking, that if we expand this found for more money that means there is more and more banks and institutions that have problems and that means we are living on the edge of some kind of serious disaster? But hell no, we still have hope...Hope is the mother of fools as far as I know.
Waiting for the day the sh!t hit the fan. It's closer and closer...

well, I'm deep underwater with my EURUSD shorts.....



Seb
  • #3,946
  • Oct 14, 2011 3:38am Oct 14, 2011 3:38am
No it wont.

In fact it's probably the best thing they should do and then focus on the solvent countries in trouble (Spain and Italy). Only they should have let Greece go 2 years ago...

Quoting stulic
Wont happen.

Hypothetically speaking, it would be the beginning of the end of the Euro as a currency.
  • #3,947
  • Oct 14, 2011 3:45am Oct 14, 2011 3:45am
It's bouncing up on the same LTL starting on the 6th of October. Almost to the pip.

I waited for the bounce at 1.3745 this morning and I'm long since 1.3762.
SL at BE now. (in fact I was expecting thePA to break that LTL to the downside)

If we break 1.3825 today I have 1.3888 beyond. and with G20 probably some further move up over the weekend.
Woudln't be surprised to learn Greece defaulting sometimes next week for a retest of the low...

I agree with Flynch' - wait 'til the shit hit the fan. I have a pending order S below the LTL.

Have a good day all

Quoting T@rantula
Notice the reaction to 3769...
  • #3,948
  • Oct 14, 2011 3:48am Oct 14, 2011 3:48am
Quoting Flynchenberg
Remember markets don't care about end of some currency. Currencies come, currencies go, no one gives a sh!t. There are peopole that want to make money on it. HUGE money... They do not give a %$#@ mate.

Cheers,
Seb
It's not up to the markets to decide a fate of a currency, what I was saying is Greece out of the Euro zone would mean the end of the Euro project, a fatal failure, it's more a geo-political issue then anything else.
Don't get mad, get even!
  • #3,949
  • Oct 14, 2011 3:53am Oct 14, 2011 3:53am
Quoting egkid
What will happen if announce Greece is out EU?
Not sure if Greece will get out of EU, I think they wont. Well Greece has always been the problem if u go deeper with history. We used to say: "Broke as a Greek". They always whined asking for money and most of them are lazy people.

I dont see they will go out of EU as they always "cheated" when they wanted money and they know how to get money. Look at their hotels and tourism. Greece is having a long history in tourism..

There are many places that are a lot better for tourism and vacation then Greece and those are Turkey and Egypt, at least for me.
  • #3,950
  • Oct 14, 2011 4:04am Oct 14, 2011 4:04am
Quoting stulic
It's not up to the markets to decide a fate of a currency, what I was saying is Greece out of the Euro zone would mean the end of the Euro project, a fatal failure, it's more a geo-political issue then anything else.
Absolutley agreed mate.
  • #3,951
  • Oct 14, 2011 4:11am Oct 14, 2011 4:11am
Quoting egkid
So i will buy [email protected] target 1.3950 SL under 37
depends on 4h and daily on my above post
nice mate...i have same entry..and tp 3925..
MY OPINION NOT FINANCIAL ADVISE
  • #3,952
  • Oct 14, 2011 4:51am Oct 14, 2011 4:51am
good morning team... no trading today... i am getting ready for my trip to india so will trade when i get back.. looking for a swing opportunity though...

still favour longs... looking for 1.3890, 1.3905... break of that and seeing 1.4011...

EDIT: watch 1.3835.. i think will be a tough one... if its rejected:
Attached Image (click to enlarge)
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  • #3,953
  • Oct 14, 2011 5:00am Oct 14, 2011 5:00am
Quoting donfriday
nice mate...i have same entry..and tp 3925..
Higher TFs suggest 3865 then 3912. 3750 is indeed a good entry as a retest of DPP.

Since I trade intraday I always enter on both sides, be it scalp or intraday/range.
  • #3,954
  • Oct 14, 2011 5:20am Oct 14, 2011 5:20am
i would like to say that there are bearish divergences on all timeframes.... watch that 1.3835 area carefully...
  • #3,955
  • Oct 14, 2011 5:53am Oct 14, 2011 5:53am
E: 3796
S: 3821
TP:3730-3700

1/3 normal lot size/poundage. Risking the part of daily profits only.
  • #3,956
  • Oct 14, 2011 5:57am Oct 14, 2011 5:57am
I manage the instability of the euro by scalping it currently and never with the normal input lot sizes, only a small proportion.
So I make my trades at M1/M5.
FXcube
  • #3,957
  • Oct 14, 2011 6:10am Oct 14, 2011 6:10am
Quoting T@rantula
E: 3796
S: 3821
TP:3730-3700

1/3 normal lot size/poundage. Risking the part of daily profits only.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 91 KB
  • #3,958
  • Oct 14, 2011 6:13am Oct 14, 2011 6:13am
Quoting Forexcube
I manage the instability of the euro by scalping it currently and never with the normal input lot sizes, only a small proportion.
So I make my trades at M1/M5.
FXcube
Yes dear FCube, scalping is also a part of my Quad strategy program, this time I made an entry as a intraday trade risking only a part of my daily profit target. Its actually a bonus trade, but based on Range QUAD strategy.
  • #3,959
  • Oct 14, 2011 6:25am Oct 14, 2011 6:25am
Quoting T@rantula
E: 3796
S: 3821
TP:3730-3700

1/3 normal lot size/poundage. Risking the part of daily profits only.
With you on this one.
Attached Image (click to enlarge)
Click to Enlarge Name: eu14102.gif Size: 36 KB
Don't get mad, get even!
  • #3,960
  • Oct 14, 2011 6:26am Oct 14, 2011 6:26am
Quoting T@rantula
Yes dear FCube, scalping is also a part of my Quad strategy program, this time I made an entry as a intraday trade risking only a part of my daily profit target. Its actually a bonus trade, but based on Range QUAD strategy.
Great strategy!
Good Luck!
FXcube
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