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  • #593,681
  • Feb 9, 2012 7:54am Feb 9, 2012 7:54am
Quoting Getthepips
Man I wish we could get like 200 PIP trend going, that would be totally awesome end of the week

200 pips?

Lol I'm still long from 1.3040, going for 400 pips at least.
History shows that 61.8% fib is more than likely, that would be 1.3627 or so.

But by then I will be building big time short. Going for a 1000 pip down at the least.
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  • #593,682
  • Feb 9, 2012 7:54am Feb 9, 2012 7:54am
best comedy at the oscars in march... I feel sorry for citizens of greece. you are in for very very very very shitty times whether or not a deal passes or not.. there is not difference between 70% haircut and default, heck there is no difference between 50% and default.

if default there will be a severe economic contraction in greece and they may aswell all start buying vaseline to deal with it

if a deal/70% haircut/whatever other bullshit they can think of then there will be a severe contraction anyway and 150,000 govt workers will be out of a job... thats not gonna happen either

and in BOTH cases portugal/ireland/spain will be watching and wanting the same, this is so fucked up its not even funny.

but the career politicians will drag it out as long as possible, they would even fail at managing a corner store convenience store let alone a whole god damned country
  • #593,683
  • Feb 9, 2012 7:59am Feb 9, 2012 7:59am
Quoting staffpro
best comedy at the oscars in march... I feel sorry for citizens of greece. you are in for very very very very shitty times whether or not a deal passes or not.. there is not difference between 70% haircut and default, heck there is no difference between 50% and default.

if default there will be a severe economic contraction in greece and they may aswell all start buying vaseline to deal with it

if a deal/70% haircut/whatever other bullshit they can think of then there will be a severe contraction anyway and 150,000 govt workers will be out...
On the contrary, I think it is extremely funny!
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  • #593,684
  • Feb 9, 2012 8:00am Feb 9, 2012 8:00am
What a nice ramp up into the London fix.
You can remain irrational longer than you can remain solvent.
  • #593,685
  • Feb 9, 2012 8:01am Feb 9, 2012 8:01am
Quoting staffpro
best comedy at the oscars in march... I feel sorry for citizens of greece. you are in for very very very very shitty times whether or not a deal passes or not.. there is not difference between 70% haircut and default, heck there is no difference between 50% and default.
You get this problem when Govt gets too close to Business, they start doing each other favors and end up screwing the tax payer & citizen.
This whole situation would never come about had the banks not been deregulated and allowed to gamble with depositor cash (which is secured by the central banks) making them too big to fail.
  • #593,686
  • Feb 9, 2012 8:03am Feb 9, 2012 8:03am
Hope nobody short this bastard just yet...See it can goto new high or not this time.
Good day, I'm okay. Bad day, I'm okay. What's the difference?
  • #593,687
  • Feb 9, 2012 8:03am Feb 9, 2012 8:03am
Who cares about the people of Greece?

They have had there fun for years.

Isn't it time that some other people get some fun on their expense?

Lol its just PayBack time.
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  • #593,688
  • Feb 9, 2012 8:04am Feb 9, 2012 8:04am
Greek deputy labor minister has resigned.... he will probably sleep well tonight
  • #593,689
  • Feb 9, 2012 8:04am Feb 9, 2012 8:04am
Quoting staffpro
have the greek politicians agreed that a deal has to be agreed upon and an agreement has be agreed upon in agreement with all the parties agreeing that certain stakeholders need to agree? they have agreed upon agreeing that an agreement has to be agreed upon

This game of brinkmanship is going to continue for a while yet and PA will occur every time there is another news release. I'll believe the Greeks have sorted this when - and only when - the 2nd bailout actually materialises. In the meantime, I will carry on scalping 50 pips a day.

BTW, it's interesting that if you look at the charts for EUR-USD and EUR-GBP side by side, the similarity of their cyclicity is uncanny. Today I have made pips from shorting the EUR-USD and going long on EUR-GBP.
  • #593,690
  • Feb 9, 2012 8:05am Feb 9, 2012 8:05am
+117 for today... Now short
  • #593,691
  • Feb 9, 2012 8:05am Feb 9, 2012 8:05am
Ok I am done with the up and down for the day. I closed my position at 3307 which seems to be a resistance level. I am happy with the almost 30 pips. today seems to be a little hard to just let trades run. Up and down today, hopefully tomorrow brings a big trend day. Good luck to all!

  • #593,692
  • Feb 9, 2012 8:05am Feb 9, 2012 8:05am
Quoting Crassius
Greek deputy labor minister has resigned.... he will probably sleep well tonight
Wise man, I can't blame him
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  • #593,693
  • Feb 9, 2012 8:06am Feb 9, 2012 8:06am
Here's my analysis on EU 1h.. Still remain bullish
Attached Image (click to enlarge)
Click to Enlarge Name: EU pressure.png Size: 49 KB
  • #593,694
  • Feb 9, 2012 8:07am Feb 9, 2012 8:07am
Quoting Z3iz3i
Sellers get soon trapped.

Buyers are not even buying and still sellers are not able to push it down with volume at the moment i am writing.

What's up Z man, are you having a good trading day pal? I hope so. Ttyl!!

  • #593,695
  • Feb 9, 2012 8:08am Feb 9, 2012 8:08am
Quoting pipnaija
+117 for today... Now short

not yet time to short
  • #593,696
  • Feb 9, 2012 8:11am Feb 9, 2012 8:11am
Quoting Getthepips
What's up Z man, are you having a good trading day pal? I hope so. Ttyl!!


Yeah.

I see now profit taking. With each thrust buyers eat supply and it will go much higher today. It would be a bad joke if not
They think they are smarter than I am.
  • #593,697
  • Feb 9, 2012 8:11am Feb 9, 2012 8:11am
Anyone can talk to me : it's will up or down ? i am really tired
Think Different
  • #593,698
  • Feb 9, 2012 8:15am Feb 9, 2012 8:15am
Quoting Z3iz3i
Sellers get soon trapped.

Buyers are not even buying and still sellers are not able to push it down with volume at the moment i am writing.
Give it some time
Weird thing is it's being bought at the top it seems...clearly weird...it just can't last at this level

Bulls are distributing to me...Sellers should arrive soon or late...for a 100-150 pips move
COT: The precious data ignored
  • #593,699
  • Feb 9, 2012 8:16am Feb 9, 2012 8:16am
Man I hate it when I get out to early, but I guess we are all guilty of that from time to time huh.

  • #593,700
  • Feb 9, 2012 8:16am Feb 9, 2012 8:16am
Quoting Tobinguyen
Anyone can talk to me : it's will up or down ? i am really tired
How stupid are you? Get some sleep maybe?
The market will be there tomorrow!!!!
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