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EURUSD

  • #779,241
  • Mar 28, 2013 12:07am Mar 28, 2013 12:07am
Quoting Ken A
Yen should gain as Nikkei -1.12%
i am watching them, matey
my tiniest sizes
  • #779,242
  • Mar 28, 2013 12:07am Mar 28, 2013 12:07am
Quoting Pip Anon
Short EJ @ 120.23 Target 119.8 SL 200 SMA

I think traders are getting ready for some risk avoidance - anticipating Cyprus. I feel horrible about the people over there, but I hope I can make some money from it.
yupe, they can't pay their suppliers overseas. No trade for almost 2 weeks. the economic suddenly stopped overthere. euro already depreciate 7% in 2 months time, everybody got their money cut in term of value. I know that feeling and already experience it during 1998 asian crisis, when our currency depreciate around 70%.
Everything in the world has its own rhytms
  • #779,243
  • Mar 28, 2013 12:10am Mar 28, 2013 12:10am
closer
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  • #779,244
  • Mar 28, 2013 12:11am Mar 28, 2013 12:11am
Quoting COopa
yupe, they can't pay their suppliers overseas. No trade for almost 2 weeks. the economic suddenly stopped overthere. euro already depreciate 7% in 2 months time, everybody got their money cut in term of value. I know that feeling and already experience it during 1998 asian crisis.
Cyprus is an oddity because the financial sector was 45% of their GDP. However, Europe is land of the insolvent banks. In time, it will jack the euro around. Now, it is understood tax payers will not front bail outs, so they will now do bail ins.

It most likely will be pandaemonium when the banks open back up. I don't think the market will like that, but the market might fade the decline later in the day. The US futures have been negative most of the week, but then end up slightly negative or positive.
When the facts change I change my mind, what do you do sir
  • #779,245
  • Mar 28, 2013 12:17am Mar 28, 2013 12:17am
Quoting Pip Anon
Cyprus is an oddity because the financial sector was 45% of their GDP. However, Europe is land of the insolvent banks. In time, it will jack the euro around. Now, it is understood tax payers will not front bail outs, so they will now do bail ins.

It most likely will be pandaemonium when the banks open back up. I don't think the market will like that, but the market might fade the decline later in the day.
Cyprus is an island just like Singapore in Asia. Their economics are depend heavily on Finance and trading. They do not have any significant natural resources to support their economics. Now, one of their biggest income suffer and heavily affect the trading sector. they have to import so many things including food. I think they have to beg for the help from other countries immadiately
Everything in the world has its own rhytms
  • #779,246
  • Mar 28, 2013 12:21am Mar 28, 2013 12:21am
Quoting COopa
Cyprus is an island just like Singapore in Asia. Their economics are depend heavily on Finance and trading. They do not have any significant natural resources to support their economics. Now, one of their biggest income suffer and heavily affect the trading sector. they have to import so many things including food. I think they have to beg for the help from other countries immadiately
Cyprus shares it's currency with 16 other nations. The impact is less.
When the facts change I change my mind, what do you do sir
  • #779,247
  • Mar 28, 2013 12:44am Mar 28, 2013 12:44am
holiday!! weekend! time to study

her movement so slowwwwww
  • #779,248
  • Mar 28, 2013 1:10am Mar 28, 2013 1:10am
Quoting LeeNoa
holiday!! weekend! time to study

her movement so slowwwwww
it's roaming around these lines. 8pp above it, and 20 below the other one..
hey, someone thought you're a boy
  • #779,249
  • Mar 28, 2013 1:17am Mar 28, 2013 1:17am
Quoting LeeNoa
holiday!! weekend! time to study

her movement so slowwwwww
Today market is not going to move ? :- O
"You're solid gold, see you in hell"
  • #779,250
  • Mar 28, 2013 1:26am Mar 28, 2013 1:26am
I must say, I haven't felt this much uncertainty for a currency in awhile.

Where's EUR/USD headed?

No eye deer!
  • #779,251
  • Mar 28, 2013 1:34am Mar 28, 2013 1:34am
Quoting JollyBean
I must say, I haven't felt this much uncertainty for a currency in awhile.

Where's EUR/USD headed?

No eye deer!
"You're solid gold, see you in hell"
  • #779,252
  • Mar 28, 2013 1:36am Mar 28, 2013 1:36am
Quoting JollyBean
I must say, I haven't felt this much uncertainty for a currency in awhile.

Where's EUR/USD headed?

No eye deer!
its up sir
  • #779,253
  • Mar 28, 2013 1:37am Mar 28, 2013 1:37am
Good Morning yo...!
  • #779,254
  • Mar 28, 2013 1:38am Mar 28, 2013 1:38am
Quoting LeeNoa
its up sir
lol sure it's up a few pips for now... but what's going to happen when the banks open later

How nice if they sold forex crystal balls hehehe
  • #779,255
  • Mar 28, 2013 1:39am Mar 28, 2013 1:39am
Quoting JollyBean
lol sure it's up a few pips for now... but what's going to happen when the banks open later
no idea
  • #779,256
  • Mar 28, 2013 1:49am Mar 28, 2013 1:49am
I am beginning to think all these small countries - in terms of GDP - will be kicked out of EU in one go... Now Slovenia with austerity plans, exactly when the Cyprus issue is on the plate, why would anyone bring this up now...?
  • #779,257
  • Mar 28, 2013 1:49am Mar 28, 2013 1:49am
Quoting COopa
it will move soon, during london and us session. I already post my view for today trading.
i expect a price reversal now. and already long since 1.2777 done at 15 hours a go (1/3 power), and planning to long @1.2750 (1/3 power) and @1.2690 (1/2 power). i don't want to miss a bullish train, thats why i do averaging at the moment.
..already riding bull now..
  • #779,258
  • Mar 28, 2013 1:50am Mar 28, 2013 1:50am
I have a very simple way to know my bias. Unconsciously.
Its like this. I trade on a fixed 15 min candle, 125 pip scale chart. I decided to trade on a fixed pip scale becase I could have a better gauge how big were the moviments and the days by just looking at it..

So I have to move the chart around and when I leave the chart with a lot of downside space I know my unconsciously bias is down.
"You're solid gold, see you in hell"
  • #779,259
  • Mar 28, 2013 1:55am Mar 28, 2013 1:55am
Here are the events I think are important today.
* Cyprus bank reopens.
Germany Retail sales and Unemployment.
Italian business confidence.
Belgium inflation.
Eurozone M3 money supply data.
"You're solid gold, see you in hell"
  • #779,260
  • Mar 28, 2013 1:56am Mar 28, 2013 1:56am
Quoting fifaman2009
oops , I surrender. in fact, not 1.31, I short EU from 1.29
a true muppet

but due to your confession I will not eat and you are spared iggy this time around.


morning peeps
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