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  • #658,621
  • Jun 18, 2012 1:59am Jun 18, 2012 1:59am
Quoting Azeriboy
H4 is bearish.. Tehcnicals are bearish but fundamentals are bullish.. Confused a little bit..
which fundamentals are bullish?
  • #658,622
  • Jun 18, 2012 2:02am Jun 18, 2012 2:02am
Quoting pip_trader
which fundamentals are bullish?
G20 meeting today, Greece ND party winning news and possible QE3 is a bullish fundamental analysis.. lets see who will win..
  • #658,623
  • Jun 18, 2012 2:03am Jun 18, 2012 2:03am
Hi! Say is Oanda not showing whats in the 'gap' anymore or is it just on my broker? Can u recommend another mt4 broker that doesnt have 'gaps'?
  • #658,624
  • Jun 18, 2012 2:05am Jun 18, 2012 2:05am
Quoting Azeriboy
G20 meeting today, Greece ND party winning news and possible QE3 is a bullish fundamental analysis.. lets see who will win..
Did someone forget to mention that PASOK has said it won't join a coalition unless Syriza is part of it?

IMO only thing that may drive the markets up today is more bets on some form of stimulus by the Fed. Not necessary QE3 maybe additional OP twist.

Til then it is directionless.
  • #658,625
  • Jun 18, 2012 2:07am Jun 18, 2012 2:07am
Quoting pasta
short.. m15 chart
closed for +17. don't like the way it react @ 2680. i'll wait for london giving clear direction.
  • #658,626
  • Jun 18, 2012 2:08am Jun 18, 2012 2:08am
today is the day where many will hit losing trade after losing trade as they try to predict the direction following the weekends events...

so be warned don't do it! follow the PA instead and trade your normal trade plan.
  • #658,627
  • Jun 18, 2012 2:09am Jun 18, 2012 2:09am
Quoting Azeriboy
G20 meeting today, Greece ND party winning news and possible QE3 is a bullish fundamental analysis.. lets see who will win..
All those things are true, but is it not hard to say its bullish when the outcome is not known? For instance, the pro-bailout party was suppose to be big for the Euro, but it has not jumped like we all thought in either direction. Its all still early I think. A Syiriza win may have been immediately bearish, but a ND win does not necessarily mean bullish. They do not even have a government in place nor do we know if they will do anything at all. My understanding of fundamental analysis is to determine longer term trades. I still think its very early and an unlikelihood of more QE in the US. There simply would be no significance. The factors are very interesting though.
  • #658,628
  • Jun 18, 2012 2:09am Jun 18, 2012 2:09am
Quoting KiNgEdwarD
bought at 87,tp 2711(scalping)
Same here, TP +20pips only!
Attached Image
TRADE WHAT U SEE NOT WHAT U WANT TO SEE.
  • #658,629
  • Jun 18, 2012 2:10am Jun 18, 2012 2:10am
Quoting Esssex
Did someone forget to mention that PASOK has said it won't join a coalition unless Syriza is part of it?

IMO only thing that may drive the markets up today is more bets on some form of stimulus by the Fed. Not necessary QE3 maybe additional OP twist.

Til then it is directionless.
Agreed. Anything but QE3, which may not happen, would be a disappointed in my opinion. Bearish for Euro and stocks.
  • #658,630
  • Jun 18, 2012 2:10am Jun 18, 2012 2:10am
same - some left for BE though - see what happens

Quoting pasta
closed for +17. don't like the way it react @ 2680. i'll wait for london giving clear direction.
"Millionaires don't use astrology, billionaires do"
  • #658,631
  • Jun 18, 2012 2:11am Jun 18, 2012 2:11am
Quoting MaxDoom
today is the day where many will hit losing trade after losing trade as they try to predict the direction following the weekends events...

so be warned don't do it! follow the PA instead and trade your normal trade plan.
good advice
  • #658,632
  • Jun 18, 2012 2:11am Jun 18, 2012 2:11am
Scalping is my game plan for the day. Yummy.
  • #658,633
  • Jun 18, 2012 2:12am Jun 18, 2012 2:12am
Quoting Esssex
Scalping is my game plan for the day. Yummy.
Good luck, if you trading the GAME. Good morning!
TRADE WHAT U SEE NOT WHAT U WANT TO SEE.
  • #658,634
  • Jun 18, 2012 2:17am Jun 18, 2012 2:17am
Quoting MaxDoom
today is the day where many will hit losing trade after losing trade as they try to predict the direction following the weekends events...

so be warned don't do it! follow the PA instead and trade your normal trade plan.
Thanks, the best LOGIC.
TRADE WHAT U SEE NOT WHAT U WANT TO SEE.
  • #658,635
  • Jun 18, 2012 2:19am Jun 18, 2012 2:19am
Quoting fxkiller
morning all

waiting for london open reaction and nothing before that..

I just hope, we do not see any range move like last two weeks..
sorry history repeat it self
Mohan
  • #658,636
  • Jun 18, 2012 2:20am Jun 18, 2012 2:20am
Quoting mohan76
sorry history repeat it self
ya mate seeing this
  • #658,637
  • Jun 18, 2012 2:22am Jun 18, 2012 2:22am
Quoting mohan76
sorry history repeat it self
  • #658,638
  • Jun 18, 2012 2:22am Jun 18, 2012 2:22am
ok time to take some rest
  • #658,639
  • Jun 18, 2012 2:22am Jun 18, 2012 2:22am
Quoting pip_trader
All those things are true, but is it not hard to say its bullish when the outcome is not known? For instance, the pro-bailout party was suppose to be big for the Euro, but it has not jumped like we all thought in either direction. Its all still early I think. A Syiriza win may have been immediately bearish, but a ND win does not necessarily mean bullish. They do not even have a government in place nor do we know if they will do anything at all. My understanding of fundamental analysis is to determine longer term trades. I still think its very early...
The reason why gap was so small is the bullish 2 days of last week. Market expected it and already priced the Greece's stay in Euro and that's why we didn't have a big gap today. Of course of Syrizia won then we could see a 250-300 pip gap here.. I agree that except QE 3 nothing can help Euro. But there could be rumors from G20 that US will start QE 3 to help world economy. However I think these rumors are also priced in candles last week.
But last weekly candle worries me as in most cases it is indicates that the next candle will be bullish.
  • #658,640
  • Jun 18, 2012 2:23am Jun 18, 2012 2:23am
hello guys i expect today eurusd going to buy so here my entry
1.5729 SL 1.5689 tp 1.5749 still on pending Buystop
Dont Giveup If You Lose.. Try To Learn From Your Fault. U will Sucess!!
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