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  • #657,081
  • Jun 14, 2012 9:02am Jun 14, 2012 9:02am
Quoting anton.olff
Is this the millennium bug of forex trading? Could the whole Greek drama just fizzle out and markets rally?

You're very close --

What will the market know in Monday after the election?.... not that much...

Barring a landslide win for anti bailout parties -- very unlikely -- we are likely to be right back where we were -- with several parties that must form a coalition government --

That will take a week of negotiations between parties and lots of news flows with the market jerking from one story to the next as it tries to guess what the new Greek government will look like...

It is not like Greece is holding a referendum on defaulting and exiting teh Euro --

We are just forming a new coalition government, most likely....
  • #657,082
  • Jun 14, 2012 9:05am Jun 14, 2012 9:05am
17h50 CET ...

Short entry 1.26140 ...

Further pendings above 1.2620 ...





;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #657,083
  • Jun 14, 2012 9:05am Jun 14, 2012 9:05am
Quoting roreki
Thanks , it's my third week now on zulu , i am now # 281 , am aiming for top 10 by the next month .
That's great which is your more valuable target. I am really happy to see you their in top 10 SP. I am also their as "SukkimTrader".
TRADE WHAT U SEE NOT WHAT U WANT TO SEE.
  • #657,084
  • Jun 14, 2012 9:06am Jun 14, 2012 9:06am
MOAR NORTH
Have been checking OANDA's Open Position Chart
Chop Chop bears
  • #657,085
  • Jun 14, 2012 9:06am Jun 14, 2012 9:06am
1.2620 is a strong resistance.
How long time ?
  • #657,086
  • Jun 14, 2012 9:08am Jun 14, 2012 9:08am
A reversal would be nice right around now.
  • #657,087
  • Jun 14, 2012 9:08am Jun 14, 2012 9:08am
Quoting mm2mm
whoa what happened , why it shooted up like that?

Was 1.2670 agood place for short?
The probability is high since 1.2670 is 2.618 fibonacci expansion from wave 1.
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  • #657,088
  • Jun 14, 2012 9:10am Jun 14, 2012 9:10am
Quoting belantara
so do you think its bad to take short on 2620?
May be you have logic for entry short at 1.2620, doesn't matter good or bad. LOGIC works!
TRADE WHAT U SEE NOT WHAT U WANT TO SEE.
  • #657,089
  • Jun 14, 2012 9:11am Jun 14, 2012 9:11am
Quoting roreki
Thanks , it's my third week now on zulu , i am now # 281 , am aiming for top 10 by the next month .
Hey man, do you have more of your trading history on display somewhere ?
Why don't you have any own money connected to your account ?

I was once in top 30, but then the competition started to wear my mind too much - too stressful strategy, had to hit the road.
  • #657,090
  • Jun 14, 2012 9:12am Jun 14, 2012 9:12am
Quoting style2fx
1.2620 is a strong resistance.
How long time ?
2623 and 2660 . ..good R
  • #657,091
  • Jun 14, 2012 9:19am Jun 14, 2012 9:19am
Quoting chess king
2623 and 2660 . ..good R

1.2623 is a very very good resistence.
wait for that break.then take a buy for 1.2640
  • #657,092
  • Jun 14, 2012 9:22am Jun 14, 2012 9:22am
Quoting voltagetoe
Hey man, do you have more of your trading history on display somewhere ?
Why don't you have any own money connected to your account ?

I was once in top 30, but then the competition started to wear my mind too much - too stressful strategy, had to hit the road.
I will connect my real account next week .
  • #657,093
  • Jun 14, 2012 9:27am Jun 14, 2012 9:27am
Quoting Crassius
You're very close --

What will the market know in Monday after the election?.... not that much...

Barring a landslide win for anti bailout parties -- very unlikely -- we are likely to be right back where we were -- with several parties that must form a coalition government --

That will take a week of negotiations between parties and lots of news flows with the market jerking from one story to the next as it tries to guess what the new Greek government will look like...

It is not like Greece is holding a referendum on defaulting and exiting teh...
If the EUR were in imminent danger of collapse, I would think there would be some emergency meetings and/or ECB statements about standing by to provide additional liquidity, etc. There seems to be a rather muted attitude towards the Greek elections. That leads me to believe that maybe the outcome is pretty much known. A renegotiation of bailout and austerity terms ONLY...and Greece stays in the Euro.
"The market can remain irrational longer than you can remain solvent"
  • #657,094
  • Jun 14, 2012 9:29am Jun 14, 2012 9:29am
Hi!

This is my H4 chart, I will sell if it touches my line.
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"Study the past if you would define the future." Confucius
  • #657,095
  • Jun 14, 2012 9:29am Jun 14, 2012 9:29am
Quoting mercy seat
17h50 CET ...

Short entry 1.26140 ...

Further pendings above 1.2620 ...





;-|
Partial profits at 1.25974 ...

18h27 CET





;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #657,096
  • Jun 14, 2012 9:32am Jun 14, 2012 9:32am
Quoting speedoITrade
fu** lost 200 $ today

fu*k the SHORTS!!!!

better than lost 400$

lets follows the news.fuck with chart
  • #657,097
  • Jun 14, 2012 9:32am Jun 14, 2012 9:32am
Any imminent upside move is about done for today seems.

Likely starting hourly range for some hours, next close swinging 1.2607 or another way around down to 85, then choppy crap for the rest of the day.
They think they are smarter than I am.
  • #657,098
  • Jun 14, 2012 9:34am Jun 14, 2012 9:34am
Quoting Z3iz3i
Any imminent upside move is about done for today seems.

Likely starting hourly range for some hours, next close swinging 1.2607 or another way around down to 85, then choppy crap for the rest of the day.
agreed..going nowhere for the next few hours. The big move for the day is done.
  • #657,099
  • Jun 14, 2012 9:35am Jun 14, 2012 9:35am
Quoting anton.olff
If the EUR were in imminent danger of collapse, I would think there would be some emergency meetings and/or ECB statements about standing by to provide additional liquidity, etc. There seems to be a rather muted attitude towards the Greek elections. That leads me to believe that maybe the outcome is pretty much known. A renegotiation of bailout and austerity terms ONLY...and Greece stays in the Euro.
That's rrright ... there would be some emergency meetings then ...

But be aware ... you would hear from those meetings only afterwards ...

Same it has been when the EURO has been concluded in 1989 ...

Even many peoples haven't heard nothing about it how and where it has been happened until nowadays ...

There has not been many people who was invited to those meetings ...

You can count it (them) with the fingers of your hands ...





;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #657,100
  • Jun 14, 2012 9:43am Jun 14, 2012 9:43am
Gonna scalp pair trade EUR/USD;USD/CHF
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