German Press: Greece to get E44 billion in aid in one payment - MNI | Forex Factory

  • German Press: Greece to get E44 billion in aid in one payment - MNI

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Bakker
Nov 13, 2012 7:36am
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What do you guys call yourselves? Traders?? Its obvious you've got no idea what trading is all about.

I better start looking for an alternative site where real trades are. This site is a place for people who are very lonesome.
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Bakker
Nov 13, 2012 8:27am
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I actually don't like forums, because there's always a bunch of guys who just talk because of talking. I think I should consider starting my own site where I can manage who I would like to participate.
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Bakker
Nov 13, 2012 8:31am
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Quoting Loadedgun
I am very much around - but a bit distressed as at this point the Euro market seems very fuzzy to me - have not put in a trade all week. It is getting rather irritating. How are you doing?
I'm doing okay, thanks. It's just very strange to hear Loadedgun is distressed!!
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Bakker
Nov 13, 2012 8:54am
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Quoting Loadedgun
So give me a trade idea to earn me at least 250 Pips in one single trade this week sir - and I will be sure you are right and I am wrong. If not may be undercomplication of things may not serve my purpose and your vision of the market may not satisfy my intent. The ball is on your court and I am waiting for your response.
I don't want to pick sides here, but Loadedgun I tend to agree with Mongoose here. My system gives me two, maybe three chances a day which add up to between 30/50p per day. It's a very simple system and easy to interpret.
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Bakker
Nov 13, 2012 11:01am
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Quoting Loadedgun
Well that is sure interesting - my temperament however is more suited to a discrete H4 move and that is what I like to trade 150 to 220 Pips a stretch. That is the kind of action I seek. No disrespect but scalping does not suit me very much.
Okay, if 4hr is your preference, there were only 4 opportunities since 1 Nov with only one giving pips above 150.
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Bakker
Nov 13, 2012 9:35pm
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Quoting Loadedgun
Sorry Bakker I went out - I was actually trying to ensnare a conversation around this theme - instead of scalping - how about one drops an order at the break of the 200 ema either on H1, H4, or D1. What do you imagine will will happen? Don't you think it would be a lot more profitable? Before you respond just look at your chart using the 200 EMA as measure tell me honestly what you think? Especially why that would not be a good idea. I would really like to have this conversation. Again sorry I went out to do stuff.
Sorry Loadedgun, I don't use any MA greater than 50, I may be stupid to apply these longer MA's but think there's better ways to pick a trade, whether it is short or long trades. I work on short period MA crossovers and applies it to any chart, from 5m up to monthly. The trade setup is exactly the same and works just fine.

I did however add the 200 EMA to my charts and its only the monthly chart that is showing something at this stage but we'll have to wait for a close of the current bar to get a more clearer picture. A crossover of the shorter MA's together with a cross of the 200 EMA will give us a sound opportunity to make a real good trade.

It's now 3h30 gmt, H4 break upwards through a crossover but ran into trouble at a tested 2726 level which seems too tough to handle at this stage. H4 is already in a seven bar formation and is not making much progress, a break of the lower level at 2684 will push the Eur further south.
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greendiesel
Nov 13, 2012 7:28am
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Quoting Guest
Of course the institutionals knew that this would come out. Maybe that's the reason why they leaked it in the first place. They accumulated long positions all morning and used the bad data of the "German ZEW Economic Sentiment" to accumulate even more and trick the market into shorts while they took the long side. It was cold blooded intention when they snapped up the euro into the profit release phase a couple of minutes ago. Happens all the time.
i'd like to PM you if thats ok?
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DemoAntares
Nov 14, 2012 8:39am
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buy on rumors, sell on news...just put a 1,2750 short position, if it breaks the last 6hrs trading range (1,2756), i'm out...(in this case-short on rumors, cover short for a nice little scalp)...I think there is a great probability this is a false breakout (and considering breakouts this is a poor one), meaning we might easily be <1,27 by friday...friday itself is a big enigma considering this is opex week...+ congress and obama start their salve of meetings at friday, + if u haven't noticed all rallies have been sold out 3 days in a row...meaning ''dumb money'' makes the rally, smart money sells the rally...I see no other scenario until fiscal cliff has been appropriately addressed - this market is a beauty for a daytrader...
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Mong00se
Nov 13, 2012 8:34am
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Quoting Loadedgun
I am very much around - but a bit distressed as at this point the Euro market seems very fuzzy to me - have not put in a trade all week. It is getting rather irritating. How are you doing?
Your analysis is causing your paralysis... no need to overcomplicate things, everything is much simpler than you make it out to be.
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Mong00se
Nov 13, 2012 10:23am
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Quoting Loadedgun
So give me a trade idea to earn me at least 250 Pips (or even 150 pips) in one single trade this week sir - and I will be sure you are right and I am wrong. If not may be "undercomplication of things" may not serve my purpose at all and your vision of the market may not satisfy my intent. The ball is in your court and I am waiting for your response.
There is no right or wrong here. Different systems/methods/strategies suit different people. However, it's you that is distressed and irritated, not me. So who is at fault here? Btw, I don't chase 200 pip moves. If I did, EURUSD would not be the one to look at. USDDKK comes to mind, it moved 300 pips today. That should suffice.
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Mong00se
Nov 13, 2012 3:39pm
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Quoting Loadedgun
I like some of the points made by you and clearly some of them go to the heart of the matter for me. However, note that this conversation need not turn adversarial - as in fact more would be gained otherwise. With that in mind - I like the EUR (as opposed to DKK) and I like the idea of 200 pip trades - I think they are far easier and a lot less stressful to find, trade and manage. I also like the AUD and watching it as well as the Euro for my next trades. The problem with the Euro for me and the stress I face is to do with whether or not there is...
What I don't understand is if it is indeed so simple for you then why all the stress and fuzziness? I bet MAs are not the only "things" you use in your analysis (polynomial regression, fractals, etc.) and that's why I said that you overcomplicate things. Didn't mean no harm by it, simply a bystander's observation. Speaking of MAs, I used to be enamoured by them. Price bouncing off of them and hugging them nicely seemed like magic. Except it wasn't. Once I started to understand price action, volume, and supply/demand dynamics that's when pretty much all of technical analysis had become irrelevant. It has it's place, but to me it's fool's gold. Price "moves" indicators and not vice versa. Price is KING. BTW, what's special about 200 periods? Different number of periods will "work" just as well at different times. I would like to be proven wrong if that would benefit my trading. I'm open to enlightenment.
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Mong00se
Nov 13, 2012 4:36pm
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Quoting jaygee
Not looking to enlighten but the 200 is the most common of all of the ma's used.
Yes, that's written in probably every technical analysis book, along with 50MA and 100MA. It causes the self-fulfilling prophecy and people think it "works". BTW, trendlines to me are irrelevant as well.
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Mong00se
Nov 13, 2012 6:27pm
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Quoting jaygee
hey if everyone is trading off of it, doesn't that dictate where price will go? Isn't that the idea. If most everyone buys a decline of price to the 200 dma and it bounces it is not a self fulfilling prophesy, it is price movement because of buyers at a particular level. just my 2 cent worth.
Oh buddy, you are so in the dark you have no idea. I will leave it at that.
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Mong00se
Nov 14, 2012 3:37am
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Quoting jaygee
tell my account that. i will leave it at that.
That's great but you missed the point. You can make money by flipping a coin. You can have pretty much zero knowledge and still make more than those with knowledge. Everything works and nothing does...
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Bakker
Nov 13, 2012 5:43am
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This is not going to help Eur in any way.
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Bakker
Nov 13, 2012 8:19am
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Loadedgun, I thought you left long ago. I suddenly changed my mind. With you around I better stay. At least one guy one can take notice of.
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Bakker
Nov 13, 2012 8:49am
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Sorry Baitup, sometimes I don't look at the names. You're right, loadedgun is still very much with us. Unless there's a small gun and a big gun.
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Bakker
Nov 13, 2012 8:58am
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For a good start on the day you MUST be in front of your screen by at least 5h00 GMT. Between 5 and 7 you WILL get your first trade.
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pt49
Nov 13, 2012 5:47am
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just like USA is.

Oz is also in a way.
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pt49
Nov 13, 2012 5:56am
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these freakin idiot tweeters... none of them have got a clue
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eqshack
Nov 13, 2012 5:51am
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lol.i wanted to short eurusd at 1.2685 but im not trading eurusd because they come out with news all tha freakin time.Im glad about that
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greendiesel
Nov 13, 2012 5:51am
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nice beginning of price action
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m1kz
Nov 13, 2012 5:53am
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not again lol
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greendiesel
Nov 13, 2012 5:54am
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pro money working the DX too
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Fibonaccifx
Nov 13, 2012 6:48am
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and now we are going back down... so what kind of news was that?
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Gaaikema
Nov 13, 2012 5:56am
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Quoting greendiesel
nice beginning of price action
About time!
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Greener
Nov 13, 2012 5:43am
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still going south...
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Sanguis
Nov 13, 2012 5:42am
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Waiting for Merkel and Schaeuble NEIN
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Sanguis
Nov 13, 2012 5:44am
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The groundless rumors begin: Greece to get €44 bn in one payment. Naturally, unsourced and unvalidated
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Sanguis
Nov 13, 2012 5:50am
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German finmin spokeswoman, asked about newspaper report, says no final decision yet on Greek loans -rtrs
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Sanguis
Nov 13, 2012 5:51am
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Germany says there are various options for aid tranche payment to greece
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Sanguis
Nov 13, 2012 5:56am
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Italy's public debt reaches record high of 1.995 trillion -- ANSA
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Sanguis
Nov 13, 2012 5:59am
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German finmin denies story. netting 44.2bln profits from top and tailing financial mkts. Capitalism + journalism = Greek debt subsidization
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Loadedgun
Nov 13, 2012 7:42am — Edited
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Quoting Greener
still going south...
From all looks and intent - yes. That is to say majorly - of course from time to time we should see some upside. But to say the trend is anything but south at this point would stretch the imagination.
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jaygee
Nov 13, 2012 7:43am
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Quoting Bakker
What do you guys call yourselves? Traders?? Its obvious you've got no idea what trading is all about.

I better start looking for an alternative site where real trades are. This site is a place for people who are very lonesome.
lol well said. some of em actually have 2 nicknames so they can talk to themselves. so sad. lol
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Loadedgun
Nov 13, 2012 8:09am — Edited
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In a forum like this - there are those individuals so blemished by self-love that they are on a trip driven by pure egotism and things certainly outside the more usual concerns of the regular trader. Such people - easy to identify by their attention seeking antics and being totally bereft of value are best treated with ignominy - and so it will always be with me. Some posters simply do not exist for me in the realm of reckoning - they are pure failures and nothing about them is salvageable.

BTW: I am speaking of a particular individual in this instance and he knows himself as do other discerning traders. My advice to all is simply this - lets trade.
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Loadedgun
Nov 13, 2012 8:22am
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Quoting Bakker
Loadedgun, I thought you left long ago. I suddenly changed my mind. With you around I better stay. At least one guy one can take notice of.
I am very much around - but a bit distressed as at this point the Euro market seems very fuzzy to me - have not put in a trade all week. It is getting rather irritating. How are you doing?
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BaitUp
Nov 13, 2012 8:40am
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Quoting Bakker
Loadedgun, I thought you left long ago. I suddenly changed my mind. With you around I better stay. At least one guy one can take notice of.
What is this nonsense? You responded to him not long ago right here at FF...and it is IMPOSSIBLE not to see his daily posts.
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Loadedgun
Nov 13, 2012 8:48am
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Quoting Mong00se
Your analysis is causing your paralysis... no need to overcomplicate things, everything is much simpler than you make it out to be.
So give me a trade idea to earn me at least 250 Pips (or even 150 pips) in one single trade this week sir - and I will be sure you are right and I am wrong. If not may be "undercomplication of things" may not serve my purpose at all and your vision of the market may not satisfy my intent. The ball is in your court and I am waiting for your response.
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Loadedgun
Nov 13, 2012 9:10am
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Quoting Bakker
For a good start on the day you MUST be in front of your screen by at least 5h00 GMT. Between 5 and 7 you WILL get your first trade.
Well that is sure interesting - my temperament however is more suited to a discrete H4 move and that is what I like to trade 150 to 220 Pips a stretch. That is the kind of action I seek. No disrespect but scalping does not suit me very much.
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Loadedgun
Nov 13, 2012 12:58pm
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Quoting Bakker
Okay, if 4hr is your preference, there were only 4 opportunities since 1 Nov with only one giving pips above 150.
Sorry Bakker I went out - I was actually trying to ensnare a conversation around this theme - instead of scalping - how about one drops an order at the break of the 200 ema either on H1, H4, or D1. What do you imagine will will happen? Don't you think it would be a lot more profitable? Before you respond just look at your chart using the 200 EMA as measure tell me honestly what you think? Especially why that would not be a good idea. I would really like to have this conversation. Again sorry I went out to do stuff.
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Loadedgun
Nov 13, 2012 1:16pm
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Quoting Mong00se
There is no right or wrong here. Different systems/methods/strategies suit different people. However, it's you that is distressed and irritated, not me. So who is at fault here? Btw, I don't chase 200 pip moves. If I did, EURUSD would not be the one to look at. USDDKK comes to mind, it moved 300 pips today. That should suffice.
I like some of the points made by you and clearly some of them go to the heart of the matter for me. However, note that this conversation need not turn adversarial - as in fact more would be gained otherwise. With that in mind - I like the EUR (as opposed to DKK) and I like the idea of 200 pip trades - I think they are far easier and a lot less stressful to find, trade and manage. I also like the AUD and watching it as well as the Euro for my next trades. The problem with the Euro for me and the stress I face is to do with whether or not there is to be a significant reaction at this point - beyond a point that should be cleared up and one can trade it as I have suggested. What do you say? Is it not far easier to wait for a pair in some time frame to trade under a long-term EMA (under certain conditions of which speak and define) - drop the order and throw away the keys - come back at some point and collect the yield. Rather than spend time say trying to master some system with spurious rules and watching out daily for events that really do not matter - such as news and fundamentals - etc? Before you respond just look at your charts (any chart for any pair - > 1hr) and consider price movements above and below say the 200 EMA? Is there in fact anything in trading simpler than that? If that is what I have been saying all along - how is it that you for instance perceive me as advocating something complex?
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Loadedgun
Nov 13, 2012 1:33pm
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Quoting Ahmadmounir
Tomorow morning early morning according to london time i think eur/usd will reach the1.2656,Some body agree with me?
Not improbable - the Euro is at the same point on D1 going down as it was going up around 05 September 2012. So sure why not if it breaks the line (@ 1.26920) keeping to form (in the reverse direction) it should go further submarine. I am waiting and watching for that line break too. If it happens I think I got a long-term trade.

BTW: I use a polynomial regressor that is showing vector contours suggestive of a reaction in H4 - we have seen some of that upside - the question is, is it over? I guess we should soon find out.
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jaygee
Nov 13, 2012 4:17pm
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Quoting Mong00se
What I don't understand is if it is indeed so simple for you then why all the stress and fuzziness? I bet MAs are not the only "things" you use in your analysis (polynomial regression, fractals, etc.) and that's why I said that you overcomplicate things. Didn't mean no harm by it, simply a bystander's observation. Speaking of MAs, I used to be enamoured by them. Price bouncing off of them and hugging them nicely seemed like magic. Except it wasn't. Once I started to understand price action, volume, and supply/demand dynamics that's when pretty...
Not looking to enlighten but the 200 is the most common of all of the ma's used. I use 5 ma's total and their relationship to price and each other is paramount to my system. One of the things i rarely see talked about in here is trend lines. People discuss trends but very few actually use them from what i hear. It took me many years to find the "right way"(for me) to draw them but they are very important to my trading. There are patterns that repeat using ta and finding them, defining them and using them ihas been the key for me.
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jaygee
Nov 13, 2012 5:32pm
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hey if everyone is trading off of it, doesn't that dictate where price will go? Isn't that the idea. If most everyone buys a decline of price to the 200 dma and it bounces it is not a self fulfilling prophesy, it is price movement because of buyers at a particular level. just my 2 cent worth.
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Villageidiot
Nov 14, 2012 3:48am
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Quoting Guest
here i have red all comment most of the people are commenting like expert, but it seems there is no real expert here, will b apreciated if expert commenting about market
Like the old joke says "Thats right Lady, we ain't got no FUCKING BROCCOLLI!!"- just substitute EXPERTS
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Kis Zoltan
Nov 13, 2012 5:48am
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IMF is out, pay back by Germany....
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Vievy wu
Nov 13, 2012 6:54am
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Mr.ha, where do gold Will go?
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camel toe
Nov 13, 2012 8:00am
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Quoting Bakker
I better start looking for an alternative site where real trades are. This site is a place for people who are very lonesome.
which site you say, Mr. Trader ??
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mur6tynt
Nov 13, 2012 5:45am
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The problem is the whole of Europe, in the long term what happens to Spain and Portugal. i guess they are all on some kind of time bomb.
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David1000
Nov 13, 2012 5:45am
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3x existing payments/ old news!
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Ahmadmounir
Nov 13, 2012 5:46am
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can anyone explain what is happening now 40pips in 3 minites??? the euro will trend up back again???
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Trader#5CBD
Nov 13, 2012 6:01am
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Of course the institutionals knew that this would come out. Maybe that's the reason why they leaked it in the first place. They accumulated long positions all morning and used the bad data of the "German ZEW Economic Sentiment" to accumulate even more and trick the market into shorts while they took the long side. It was cold blooded intention when they snapped up the euro into the profit release phase a couple of minutes ago. Happens all the time.
Reply
pip256
Nov 13, 2012 6:17am
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Quoting Sanguis
German finmin denies story. netting 44.2bln profits from top and tailing financial mkts. Capitalism + journalism = Greek debt subsidization
well stated
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bazza5335
Nov 13, 2012 6:36am
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Quoting pt49
these freakin idiot tweeters... none of them have got a clue
You are right there my friend.... thats why I rarely look here anymore.... idiots!!
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Loadedgun
Nov 13, 2012 7:40am
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News is noise in direction - there are no tradable parameters attached to news. It is just the 'realm' of noise and noisemakers - really!
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Vexel
Nov 13, 2012 8:06am
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Bakker, if you could see a better look and here some traders. Personally, I have a few favorite poster here, who knows what he writes.
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Ahmadmounir
Nov 13, 2012 10:13am
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Tomorow morning early morning according to london time i think eur/usd will reach the1.2656,Some body agree with me?
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jaygee
Nov 13, 2012 10:36am
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yup best moves have been the early london/europe trades. they are fairly dependable. us session has been flat for a while now. eur/usd
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jaygee
Nov 13, 2012 6:44pm
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tell my account that. i will leave it at that.
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Trader#DA77
Nov 13, 2012 5:43am
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whatever it takes, they will bail that greek ..
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Trader#FE7C
Nov 13, 2012 5:44am
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hhhhhhhhhh
fake rise for eur , we will see what happen when us market open
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Trader#7399
Nov 13, 2012 5:47am
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this is a good news, it's time to long, in a long term, it might not be good but for now, just long. If u r a pro, u should exit the short and go for the long,
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Trader#FE7C
Nov 13, 2012 5:49am
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what is the happening eur seems to be very week and exhausted !!!!!!!
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Trader#9BE3
Nov 13, 2012 5:51am
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omg return the euro to where it was..
everyone short this pos
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Trader#4DEB
Nov 13, 2012 5:55am
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They have so many lorry to deliver all in one time?
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Trader#5DF6
Nov 13, 2012 5:55am
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How is this allowed to be published as news? Unverified twitter rumour...
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Trader#0C15
Nov 13, 2012 6:17am
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If this was to be done, how would it actually be executed? I mean it took them months to get to where they are with the 31 billion
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Trader#7C41
Nov 13, 2012 9:47pm
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here i have red all comment most of the people are commenting like expert, but it seems there is no real expert here, will b apreciated if expert commenting about market
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