Juncker: Good Chance Of Greek Deal Tonight But | Forex Factory

Juncker: Good Chance Of Greek Deal Tonight But | Forex Factory

Juncker: Good Chance Of Greek Deal Tonight But

From forexlive.com

-Not entirely sure of a deal tonight -Greece has delivered EUR/USD pops to 1.2825 on the initial show of optimism only to dip a bit as Mr. Euro tempers his outlook. Any deal that does not forgive Greek debt is almost certainly doomed to fail. More time, more money, or both are not enough.

Comments / Top
Subscribe
Expand Replies
Collapse Replies

Nov 20, 2012 8:09am

Quoting Tw0eleven

Disliked

90% of retail traders lose their money....the majority of retail traders are short e/u....coincidence it keeps popping up higher and higher on hopium?

Ignored

Actually you are wrong! Majority of retailers are long on EURUSD according to the COT report. The hedge funds are still net short by a large margin of over three-to-one, but the small trader (retailer) is net long by about 1.5–to-one. Changes on the week show that the hedge funds have swung to a more bearish position, while the small traders have become more bullish.

http://www.cftc.gov/marketreports/commitmentsoftraders/index.htm

Now click on the CME Futures Only (Short Format) which will take you to -
http://www.cftc.gov/dea/futures/deacmesf.htm

Please before you quote % of traders that are long or short, check your numbers and do your own research. Thank you!

Nov 20, 2012 4:30pm

Quoting Loadedgun

Disliked

I do not believe that those who know the market well - scalp. It is a needless and often risky risky practice. Of course I know a guy reputed to have made over $500k scalping - but that may be an overstated result or at best the rare exception. It is in long-term trading that the skill, knowledge and profitability of the best trading practices lie. But just a view based on experience I have no data showing how scalpers stack against long-term traders in terms of success in the markets.

Ignored

There are more ways to trade than we have fingers. In the end it is not how you trade that matters, but whether you make any money. To each, his or her own.

Nov 20, 2012 7:26am

Quoting Guest

Disliked

its all managed game buddy they all know where is major stop loss placed and then hit to bring the money in forex

Ignored

Winner Winner Chicken Dinner. I feel bad for all of those last night and early this morning that kept saying on other news threads "short the euro."

Nov 20, 2012 7:37am

Quoting KevinThomas

Disliked

Till now, I even don't dare to BUY EU even we can get the RED figures from USD data!!! EU and EJ at the same timeframes with same HARD Res!!!

Ignored

The problem right now is the market is filled with Hopium on a fiscal cliff deal and a greek deal. It's the classic buy the rumour sell the fact play on price. Throw in the fact last week was a huge selloff in the stock market...a small bounce on oversold conditions(not to mention e/u didn't selloff that much compared to the huge selloff in the market) and you have a Rally.

Beware of Bernanke's speech this afternoon. He has a history of killin the dollar.

Nov 20, 2012 7:45am

Quoting lumesh

Disliked

...in the long term. They (the retail, as you pointed) don't lose every single trade.

Price keeps popping up on hopium because...well...it's hopium. It's normal. Where we get a breakdown of the greek deal the price would plummet regardless of the "majority" being on the short side. You're too conspiracy driven

Ignored

Actually, if you took the time to read other posts I've made you'll see I'm a technical trader. everything you need is in your charts and price action. And when the technicals line up opposite the majority of retail traders, my profits are typically bigger!

But I will agree, the market does throw a bone to the retail traders. If they didn't win every now and then, they wouldn't trade anymore...thus no money for the brokers!

Nov 20, 2012 8:04am

The bone might be here...at least until 1.2770 +/- 10pips. To be honest, I'm not expecting any real selloff until tomorrow at the earliest unless Bernanke says something to surprise us or some surprise Greece news. But this is just my opinion...I could be completely wrong. I too take losing trades from time to time.

Nov 20, 2012 7:42am

Quoting Tw0eleven

Disliked

90% of retail traders lose their money....the majority of retail traders are short e/u....coincidence it keeps popping up higher and higher on hopium?

Ignored

...in the long term. They (the retail, as you pointed) don't lose every single trade.

Price keeps popping up on hopium because...well...it's hopium. It's normal. Where we get a breakdown of the greek deal the price would plummet regardless of the "majority" being on the short side. You're too conspiracy driven

Nov 21, 2012 2:07am

Quoting lumesh

Disliked

...in the long term. They (the retail, as you pointed) don't lose every single trade.

Price keeps popping up on hopium because...well...it's hopium. It's normal. Where we get a breakdown of the greek deal the price would plummet regardless of the "majority" being on the short side. You're too conspiracy driven

Ignored

well, there you go...

Looks like many got burned overnight.

View 0 more replies to lumesh

Hide replies to lumesh

Nov 20, 2012 7:22am

Quoting Tw0eleven

Disliked

90% of retail traders lose their money....the majority of retail traders are short e/u....coincidence it keeps popping up higher and higher on hopium?

Ignored

no ur wrong 99% and even more

Nov 20, 2012 7:25am

Quoting DragonFire

Disliked

eur/usd----- go LONG and Sell after NY session close....the pair is going to touch down at 1.2893---REMEMBER Greece is saved...haaaaahaaaaaa!!

Ignored

cant believe u bought this rumours, u seemed to be experienced one, everything that relates to greece is artificial, illuminati made, greece is a major scape-goat fraud, remember market makes the news, not the news make the market, noone apart of retailers gives a shit about greece

Nov 20, 2012 12:27pm

Quoting jonahky7

Disliked

What I have been doing for the past 2 weeks is set entry and see if its filled, once filled it run. Then goes off or come to ff to piss submarine off a bit. Save me loads of yacking with miserable gits here on ff.

Ignored

Good to hear from you J. I actually asked you about MB but you never answered me. I'm glad I didn't go with them so as, I have to admit... , I do hedge a a bit as well. In the end the difference is pittance so I'm not changing.

Quoting DragonFire

Disliked

my take:
Greece will always get the money, so long as she remains in eurozone. In eurozone, you just have to be rogue country to get your ways; Greece has nothing to lose in this matter; she is already bleeding and she can’t bleed any more so if she goes under, many strong economies may fall in style. Four years from now, the Greece project will still be in the news; Greece’s drama have made many insiders rich by manipulating the stocks and forex market, so these vultures don’t want any quick solution to the Greece’s sickness!

Ignored

And yes, because of this we may have a very short lived spike up tonight. My thoughts anyway. We'll see what they'll bring.

Nov 20, 2012 12:36pm

Quoting jonahky7

Disliked

Hey bud, I did not get any mail from you, apologies I didn't reply though.

I'm not too convinced we have a bull reversal as yet.

Ignored

Don't worry.

And correct, I don't see that happening yet either for a while but it doesn't matter which way it goes doesn't it? We'll just do our daily thing.

Nov 20, 2012 12:06pm

Quoting DragonFire

Disliked

hi buddy,

how is your run so far? Are you chasing the green pips or green pips are chasing you? I found a new trick in town these couple of days and it is performing wonders...just SHORTING jpy against all majors and I have reached my target for the month!

my take:
Greece will always get the money, so long as she remains in eurozone. In eurozone, you just have to be rogue country to get your ways; Greece has nothing to lose in this matter; she is already bleeding and she can’t bleed any more so if she goes under, many strong economies may...

Ignored

Hey bud! It's green pips today, although only 50pips from R2. Watching circus now.

Agree that Greece will have the bite for sure, otherwise market will turn their attention to France - coz it seems Spain is off the hook a little bit at the mo. I do know sentiment in France is at all time low at the mo.

I'm in the midst of chaning broker coz bloody MB trading in UK adopting no hedging policy...... Greece will still be around I do wish they had defaulted before. But never too late.

Nov 20, 2012 2:27pm

Quoting jonahky7

Disliked

Hey bud! It's green pips today, although only 50pips from R2. Watching circus now.

Agree that Greece will have the bite for sure, otherwise market will turn their attention to France - coz it seems Spain is off the hook a little bit at the mo. I do know sentiment in France is at all time low at the mo.

I'm in the midst of chaning broker coz bloody MB trading in UK adopting no hedging policy...... Greece will still be around I do wish they had defaulted before. But never too late.

Ignored

jonahky7,

LONG on eur/usd? just entered couple of lots for the eur/usd with stop order 25 pips down stream. It seems the parasite is preparing to take off especially against jpy and usd....I am long on eur/jpy but I may close half out before NYS bell rings...anyway.......

View 0 more replies to jonahky7

Hide replies to jonahky7

Nov 20, 2012 7:32am

I wonder which idiots caused that spike then, good job I closed my short scalp out literally a few seconds before.

Nov 21, 2012 6:14am

Hi mima, which way round is your screen today?

Nov 20, 2012 7:21am

90% of retail traders lose their money....the majority of retail traders are short e/u....coincidence it keeps popping up higher and higher on hopium?

Nov 20, 2012 7:24am

Quoting m1kz

Disliked

no ur wrong 99% and even more

Ignored

sorry, 99% then. lol

Nov 20, 2012 7:22am

eur/usd----- go LONG and Sell after NY session close....the pair is going to touch down at 1.2893---REMEMBER Greece is saved...haaaaahaaaaaa!!

Nov 20, 2012 7:22am

stupid idiotic rumours stop bullshitting this, just hunt those upper stops and get the fuck down......

Nov 20, 2012 9:37am

Only one word: INSANE.
How could they cover debt that increasing 180% with IMF only give 120 %?
Please use a logic!!!another debt to be covered by bond that had bigger debt than before (sound like they are psychotic)

Nov 20, 2012 7:27am

Till now, I even don't dare to BUY EU even we can get the RED figures from USD data!!! EU and EJ at the same timeframes with same HARD Res!!!

Nov 20, 2012 7:32am

aaaaaaaahhhhhhhh

Nov 20, 2012 7:33am

Seems we are getting some good US data... But recommend for ignoring EU, SELL EJ now!!!

Nov 20, 2012 9:59am

It's so much fun reading everything on FF, I forget to trade!

Nov 20, 2012 7:30am

No news - no event - nothing

Nov 20, 2012 7:24am

Juncker positive on greece but remember: Recall back in May 2011: “When it becomes serious, you have to lie." -Jean Claude Juncker

Nov 20, 2012 7:35am

Growth based on lies. Congratulations.

Nov 20, 2012 7:37am

Quoting Sanguis

Disliked

Juncker positive on greece but remember: Recall back in May 2011: “When it becomes serious, you have to lie." -Jean Claude Juncker

Ignored

That is awesome! Thanks for bringing up that quote.

Nov 20, 2012 8:06am

I do not believe that those who know the market well - scalp. It is a needless and often risky risky practice. Of course I know a guy reputed to have made over $500k scalping - but that may be an overstated result or at best the rare exception. It is in long-term trading that the skill, knowledge and profitability of the best trading practices lie. But just a view based on experience I have no data showing how scalpers stack against long-term traders in terms of success in the markets.

Nov 20, 2012 12:32pm

Quoting Gaaikema

Disliked

Good to hear from you J. I actually asked you about MB but you never answered me. I'm glad I didn't go with them so as, I have to admit... , I do hedge a a bit as well. In the end the difference is pittance so I'm not changing.

Ignored

Hey bud, I did not get any mail from you, apologies I didn't reply though.

I'm not too convinced we have a bull reversal as yet.

Nov 20, 2012 12:36pm

Quoting jonahky7

Disliked

Think its well covered and sucking up with fxtimes article at the mo, showing of its trading success

Best comic article comments I've read so far !!! Have a good laugh

http://www.forexfactory.com/news.php?do=news&id=396237

Ignored

LOL matey, i missed that one, thanx for pointin out!

That stupid no hedge rule, like you cant have another account and hedge your overall positions that way... Wed better get used to that cause its gonna come to europe too i think

Nov 20, 2012 1:33pm

Quoting Minotaur

Disliked

LOL matey, i missed that one, thanx for pointin out!

That stupid no hedge rule, like you cant have another account and hedge your overall positions that way... Wed better get used to that cause its gonna come to europe too i think

Ignored

It's easy to get round this, one account with A and another account with B.

But I hope I won't have to add new funds to it to ensure 1% risk like something yack about haha!

Any latest news on Greek TV so far bud?

Nov 20, 2012 2:14pm

Quoting jonahky7

Disliked

It's easy to get round this, one account with A and another account with B.

But I hope I won't have to add new funds to it to ensure 1% risk like something yack about haha!

Any latest news on Greek TV so far bud?

Ignored

aint watching right now bud, im having drinks with an old friend cheers mate!

Nov 20, 2012 2:34pm

Quoting DragonFire

Disliked

jonahky7,

LONG on eur/usd? just entered couple of lots for the eur/usd with stop order 25 pips down stream. It seems the parasite is preparing to take off especially against jpy and usd....I am long on eur/jpy but I may close half out before NYS bell rings...anyway.......

Ignored

Hey bud, it does look it has some energy left for up, had a longs at .2801 just now but cautious about .2843 key resistance line at the mo.

Despite Israel's war, fking parasite still flirting with upside. Looks like buy hopium sell truth to me.

Nov 20, 2012 5:33pm

Quoting Exodus

Disliked

There are more ways to trade than we have fingers. In the end it is not how you trade that matters, but whether you make any money. To each, his or her own.

Ignored

I am sure you are exceptionally wise and right.

Nov 21, 2012 4:30am

Quoting clockwork71

Disliked

Of course the fucking Greeks will get their money.....why on earth wouldn't they? This game is getting ridiculous.

Ignored

@TWEE

Why is this still around? U removed my posts and gave me a ban point because i disrespected your friend over here, while at the same time he disrespects a whole nation, and his post is still here? LOL!

Nov 21, 2012 6:02am

Nov 20, 2012 3:34pm (15 hr ago)

Quoting jonahky7

Disliked

Hey bud, it does look it has some energy left for up, had a longs at .2801 just now but cautious about .2843 key resistance line at the mo.

Despite Israel's war, fking parasite still flirting with upside. Looks like buy hopium sell truth to me.

Ignored

Is this new yellow submarinner?

Nov 21, 2012 6:41am

Quoting Exodus

Disliked

Hi mima, which way round is your screen today?

Ignored

As an astute trader I rotate monitor as needed....

you know the guy well known yellow submarinner : jonahky7? He needed one extra rotating monitor yesterday...but he chose not to take it...so you know what happeend to him after EZ meeting last night...

It is always good to have rotating monitor....

Nov 21, 2012 7:10am — Edited

Quoting mima

Disliked

Nov 20, 2012 3:34pm (15 hr ago)

Is this new yellow submarinner?

Ignored

hello rotating 1.36 kiddo, U forgotten that I seldom do overnight. What a idiot u can be. O no either that or u have my account details, what a sorry sob u r, the other side of the pond. When there is TP take it and I've been cautios about key resistance .2843 so am I leaving any chance - dumbo.

Keep on rotating your monitor 1.36 kiddo - so u managed to deposit more $$ into your rotating monitor - do pass some tricks and ropes to your good matey yellow submariner.

What's the fking problem with you if someone get stopped out? I lose some pips but I win more pips, have u got a problem with that apart from yacking pigs out? Always wonder some over the other side of the pond has such low IQ yet so arrogant

Nov 21, 2012 7:16am — Edited

Quoting jonahky7

Disliked

....

Ignored

So you say you did not say what you said?
.."had a longs at .2801.." so this means that you where just looking chart? Really?

Too late yellow submarinner....

Nov 21, 2012 7:59am

Quoting mima

Disliked

So you say you did not say what you said?
.."had a longs at .2801.." so this means that you where just looking chart? Really?

Too late yellow submarinner....

Ignored

Pity you sorry sob who can't hedge there

And YES I did long, any problem with that?

Move aside with your rotating monitors kiddo, just keep on yacking your 1.36 .631 PIGS in/out etc.

Nov 21, 2012 8:09am

Lol looks like the crew is taking head overhere, wheres the captain submariner to take care of things? Mima, jhk7 has proved in this forum he makes money trading. U also proved that you like to rotate your screens for quick profit taking. Keep it up! One day youll become a proud yellow submarine captain and things will be fine! Cheers and happy diving!

Nov 21, 2012 9:10am

Quoting mima

Disliked

So you did have long and hedge? So double deep yellow submarinner.Great .
Now you are Captain of yellow submarinner!!

but here you said you dont trade overnight? Really?

hat means you are liar as welll....!!! such liar is telling people how to trade?

Ignored

I rest my case, for a noob who can't know what it is reading, ie exegesis or eisegesis - its the same as not knowing what's your right hand and what's your left hand - o that means only one thing if it can't differentiate R and L, it implies it is a mumbo jumbo dick head.

Anyway, you can carry on yacking and keep your Baitup friend entertain with your noobish comments, while he chum into his big fat bagel.

For me it's trade on, adios d.h.!!!!! Have you not got any pips for today yet? If not I can spare you few of my pips.

Look out for your RS lines and trade kiddo

Nov 20, 2012 7:32am

Most important is B.S.B. at 18:15.

Nov 20, 2012 9:40am

BTW to Merkel, please get the hell outa eurozone before German suffer bankruptcy, poor people of German

Nov 20, 2012 4:09pm

EURO should be on the sentimentally buy side tomorrow considering the candlestick formed on the D Chart today! Its a clear indication of bullish biased long position waiting to ensue tomorrow.

Nov 20, 2012 7:20am

sell eur/usd 2820 scalp

Nov 20, 2012 7:24am

O my God. Your graphic full crazy =)

Nov 20, 2012 7:35am

ut oh, sellers

Quoting jaygee

Disliked

sell eur/usd 2820 scalp

Ignored

Nov 20, 2012 9:36am

Of course the fucking Greeks will get their money.....why on earth wouldn't they? This game is getting ridiculous.

Nov 20, 2012 9:55am

covered at 2795 while was out.

Quoting jaygee

Disliked

sell eur/usd 2820 scalp

Ignored

Trader#4CDA

Nov 20, 2012 11:40am

Quoting Wein_sonic

Disliked

Only one word: INSANE.
How could they cover debt that increasing 180% with IMF only give 120 %?
Please use a logic!!!another debt to be covered by bond that had bigger debt than before (sound like they are psychotic)

Ignored

they will forgive the rest of dept, Merkel wants to decrease till 25% of dept

Nov 21, 2012 7:47am

LOL! Thanks fellas...this is going well with my morning coffee!

Nov 21, 2012 8:28am

LOL! Wish I didn't have a meeting to go to...would love to see more of this discussion. Great stuff guys!

Trader#D909

Nov 20, 2012 8:09am

Greece will get the money.

Story Stats

Nov 20, 2012 7:16am
Posted by
Newsstand

High Impact Breaking

57

13.5K