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  • #947,621
  • Jan 4, 2015 6:36pm Jan 4, 2015 6:36pm
Quoting giveachance
{quote} one thing i can tell you 1.22 is not possible today. you do as much short squeeze but that lvel is not coming. this move is pretty similar to the move it made when it broke 1.20 last time and eventually fell to 1.12
Okay
We live in a finite world with infinite possibilities.
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  • #947,622
  • Edited 7:00pm Jan 4, 2015 6:41pm | Edited 7:00pm
Hi guyz, need your help What to do with this sterling darling. Exit and short it again at LO or let it run ? I'm confused

Happy New Year Fx Junkies !!!!!!!!
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  • #947,623
  • Jan 4, 2015 6:43pm Jan 4, 2015 6:43pm
market is probably factoring in a contagion effect due to greece fallout. germany which is already in mess will go in deep recession if greece tumbles
  • #947,624
  • Jan 4, 2015 6:51pm Jan 4, 2015 6:51pm
so How much short Squeeze are we expecting? 1.1985-95 Range perhaps? or do we think it will break above 1.20?
Any Intelligent thoughts would be appreciated.
Thanks
  • #947,625
  • Jan 4, 2015 6:54pm Jan 4, 2015 6:54pm
Quoting giveachance
market is probably factoring in a contagion effect due to greece fallout. germany which is already in mess will go in deep recession if greece tumbles
Who said Greece fallout ?
Don't be smart. Be rich.
  • #947,626
  • Jan 4, 2015 7:02pm Jan 4, 2015 7:02pm
Quoting Nfp
{quote} if u are still remember what im talking 5 month ago...1.15 do i need to repeat??
A blind entry? The same as it was at 1.39x?
  • #947,627
  • Jan 4, 2015 7:03pm Jan 4, 2015 7:03pm
Quoting maximinus
{quote} Who said Greece fallout ?
Greek elections anti euro syriza is in the lead in polls causing panics of grexit again.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #947,628
  • Jan 4, 2015 7:04pm Jan 4, 2015 7:04pm
Quoting Luck21
"Samaras used a Jan. 2 speech to warn that victory for the main opposition Syriza party would cause default and Greece’s exit from the 19-member euro region" this will result in a huge hit to EU and Germany. The reasons to be selling the euro were pretty clear over the weekend: Draghi being a step closer to QE and deepening concerns about the Greek political situation,” From my point of view i would consider selling EUR/USD only in corrections at resistance lvls. Im going to stack sell orders up to 1.16 ( even many serious traders and economists...
http://www.esm.europa.eu/
  • #947,629
  • Jan 4, 2015 7:09pm Jan 4, 2015 7:09pm
EURUSD drop due to high loan from spain..they cant paid...same due to greece...

they need to sell off the asset before january end

and the world end soon..
  • #947,630
  • Jan 4, 2015 7:11pm Jan 4, 2015 7:11pm
Quoting giveachance
we are coming back to 1.19 and below and I possibly see 1.18 now as well for today. no way a squeeze happens at this price. a very powerful sell order was given at 1.20
Like it... Good luck..!!
  • #947,631
  • Jan 4, 2015 7:11pm Jan 4, 2015 7:11pm
Quoting fxtyrant
{quote} Greek elections anti euro syriza is in the lead in polls causing panics of grexit again.
Thanks, I know that, but I wonder how an electoral victory of a democratic party in a fair and free election can exit an important country (history wise) from the EU ? I am aware of what she is supposed to have said. it's nothing but a bone thrown to a news dog.

BTW Have a Happy 2015
Don't be smart. Be rich.
  • #947,632
  • Jan 4, 2015 7:11pm Jan 4, 2015 7:11pm
currency will make some major reversal..

dont trust to what u hear out there.
  • #947,633
  • Jan 4, 2015 7:19pm Jan 4, 2015 7:19pm
IMO UJ is ripe for a good short. SL >120.60 and TP open.
Don't be smart. Be rich.
  • #947,634
  • Jan 4, 2015 7:20pm Jan 4, 2015 7:20pm
1857 is new years(or 6 months) low ..... and we wont cross 1925 again ..... who agreeds????
rules are different here. Less risk, more profit .. !!
  • #947,635
  • Jan 4, 2015 7:28pm Jan 4, 2015 7:28pm
Quoting maximinus
IMO UJ is ripe for a good short. SL >120.60 and TP open.
shorting the dollar now is dangerous. if you want to short try a high yield currency like kiwi.
  • #947,636
  • Jan 4, 2015 7:34pm Jan 4, 2015 7:34pm
Quoting maximinus
IMO UJ is ripe for a good short. SL >120.60 and TP open.
Actually usdjpy's proce action is begging for a break out tothe topsoe so im not gona short usdjpy... Heck i wont short usd against anything...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #947,637
  • Jan 4, 2015 7:35pm Jan 4, 2015 7:35pm
Quoting giveachance
{quote} shorting the dollar now is dangerous. if you want to short try a high yield currency like kiwi.
I agree shorting UJ is dangerous, have experimented several time. I was sometimes and sometimes. Waiting the price >25<40 to take final decision and pushing the button. SL wil be 60.
Don't be smart. Be rich.
  • #947,638
  • Jan 4, 2015 7:38pm Jan 4, 2015 7:38pm
Quoting fxtyrant
{quote} Actually usdjpy's proce action is begging for a break out tothe topsoe so im not gona short usdjpy... Heck i wont short usd against anything...
But my technical says, that is the place to give a short try. I know your POV on fundamentals and I agree I'm not fighting against Central bank I'm playing it technical with calculated risk.
Don't be smart. Be rich.
  • #947,639
  • Jan 4, 2015 7:39pm Jan 4, 2015 7:39pm
Quoting maximinus
{quote} I agree shorting UJ is dangerous, have experimented several time. I waxh sometimes and sometimes. Waiting the price >25<40 to take final decision and pushing the button. SL wil be 60.

sell full margin!!!!!!!!!!!!!!sell selll
  • #947,640
  • Jan 4, 2015 7:42pm Jan 4, 2015 7:42pm
Quoting Nfp
{quote} sell full margin!!!!!!!!!!!!!!sell selll
Thank you for the tip but no thank you. I let you experiment again the kamikaze trading style. That's definitely not for me.
Don't be smart. Be rich.
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