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  • #953,941
  • Jan 23, 2015 12:52pm Jan 23, 2015 12:52pm
Quoting Tom_D_Trader
{quote} Very valid points
That is true to save the situation.
  • #953,942
  • Jan 23, 2015 12:52pm Jan 23, 2015 12:52pm
i could do with this touching down another 20 before broker closes at 10. then just going to have to leave my remaining shorts in and hope that elections bring it down.
  • #953,943
  • Jan 23, 2015 12:52pm Jan 23, 2015 12:52pm
Quoting goldfinch
{quote} . A bit desperate trading this late on a Friday isn't it?

Every Pip, £10 in my pocket, i will take them any time of day.....Thanks..
All My Opinions, Are Just That, My Opinion!!!
  • #953,944
  • Jan 23, 2015 1:01pm Jan 23, 2015 1:01pm
Quoting janpec1000
{quote} Wellcome to the club. I lose 90% of what i lose on Fridays, but with experiance i have been able to overcome bad feelings enough to still trade rationally trough day even though i make pretty much 99% of mistakes on trading i make trough whole week its made on Friday. And its not market probably, its something else. Really weird.
At least I'm not alone.. Mondays get me too. my two worst days.
  • #953,945
  • Jan 23, 2015 1:01pm Jan 23, 2015 1:01pm
Quoting Ken A
{quote} Insert "i"
1.1650 ? may i ask why?
Is this correct now?
BTW it was serious question. I was looking monthly mid and UM around 1.1610 and 1.1668 while i asked that question. Thanks
  • #953,946
  • Jan 23, 2015 1:05pm Jan 23, 2015 1:05pm
Quoting Ck87
{quote} At least I'm not alone.. Mondays get me too. my two worst days.
My week looks like this:

-early Monday - new trades in weekly and daily directions
-Monday, Tuesday - counter trends, I'm sad
-Wednesday - price finally moving in my direction
-Thursday, Friday - profit taking
  • #953,947
  • Jan 23, 2015 1:14pm Jan 23, 2015 1:14pm
Quoting Rockerzeus
{quote} 1.1650 ? may i ask why? Is this correct now?

BTW it was serious question. I was looking monthly mid and UM around 1.1610 and 1.1668 while i asked that question.

Thanks
Insert 1 to 1.1650 > 1.11650 (typo)

Dano was saying price to go back to 1.13, I said probably not - there's minor S at 1.12867 then back to 1.1165 ........

This is H1 probably M15 is better

Attached Image
  • #953,948
  • Jan 23, 2015 1:30pm Jan 23, 2015 1:30pm
Quoting Ken A
{quote} Insert 1 to 1.1650 > 1.11650 (typo) Dano was saying price to go back to 1.13, I said probably not - there's minor S at 1.12867 then back to 1.1165 ........ This is H1 probably M15 is better {image}
it has much further to go... down that is. 1.09 easy done
  • #953,949
  • Jan 23, 2015 1:32pm Jan 23, 2015 1:32pm
Quoting Ken A
{quote} Insert 1 to 1.1650 > 1.11650 (typo) Dano was saying price to go back to 1.13, I said probably not - there's minor S at 1.12867 then back to 1.1165 ........ This is H1 probably M15 is better {image}
Thanks I got it now
  • #953,950
  • Jan 23, 2015 1:38pm Jan 23, 2015 1:38pm
Quoting Ken A
{quote} Insert 1 to 1.1650 > 1.11650 (typo) Dano was saying price to go back to 1.13, I said probably not - there's minor S at 1.12867 then back to 1.1165 ........ This is H1 probably M15 is better {image}
BTW Your UM ratio around Mid is wrong in that fib tool if you don't use it different on purpose. You may want to check it.
  • #953,951
  • Jan 23, 2015 1:40pm Jan 23, 2015 1:40pm
Quoting Rockerzeus
{quote} BTW Your UM ratio around Mid is wrong in that fib tool if you don't use it different on purpose. You may want to check it.
Don't worry about it - I use Expansion and Ret the same way only I understand ....... hehe

I don't divide it by two by two by two
  • #953,952
  • Jan 23, 2015 1:40pm Jan 23, 2015 1:40pm
long uj w/150 pip SL from here. Worth the 2.5% risk to me
  • #953,953
  • Jan 23, 2015 1:44pm Jan 23, 2015 1:44pm
Quoting goldfinch
{quote} I look at it from a different angle, as I usually do. I think it could actually be good for the EU, they are already talking about further bailouts. Some banks will get hit, that is one short I will be trading, just look at who owns their debt and you will get a good runner going on Monday if the election looks to go the exit way. I think though that most of it is just talk, the politicians talking about leaving will probably never go through on their promises. Greece would be decimated outside the euro. From a trading perspective, I really...

The decimation of Greece outside of the euro is a very valid point, but what is the more bitter pill to swallow?

For example, take the austerity measures already implemented (combined with the forced expenses on tanks and weapons (2% of GDP if I remember correctly) and scale it to the country where you live in. This provides a good impression on how bitter the euro-pill is. A barrel without a bottom.

Greece had to cut spending on people working in adminitration by around 4bln., which would roughly scale to 40bln. in the country where I live. Many don't have a clue about the severity of measures implemented and the consequences for the people.

If I die of starvation, I don't care if I die with a pocket-full of euros or drachmes.
  • #953,954
  • Jan 23, 2015 1:51pm Jan 23, 2015 1:51pm
Quoting Ken A
{quote} Don't worry about it - I use Expansion and Ret the same way only I understand ....... hehe I don't divide it by two by two by two
1.12867-1.1267=0.00197
1.1267-1.12441=0.00229


Once Gator made same mistake and all his charts infected thats why I wanted to warn you.
  • #953,955
  • Jan 23, 2015 2:06pm Jan 23, 2015 2:06pm
is anyone else leaving trades on over the weekend
  • #953,956
  • Jan 23, 2015 2:08pm Jan 23, 2015 2:08pm
Quoting Rockerzeus
1.12867-1.1267=0.00197
1.1267-1.12441=0.00229

Once Gator made same mistake and all his charts infected thats why I wanted to warn you.
Typo hehe

Attached Image
  • #953,957
  • Jan 23, 2015 2:16pm Jan 23, 2015 2:16pm
Quoting JackStephens
is anyone else leaving trades on over the weekend
Not a good weekend to keep trades open. Remember that move from 1.20 to 1.1850? That kills all accounts which leverage 1:50 and higher.
Everyone can see the chart, but only a few can actually read it.
  • #953,958
  • Jan 23, 2015 2:21pm Jan 23, 2015 2:21pm
Quoting OnlineAddict
{quote} Not a good weekend to keep trades open. Remember that move from 1.20 to 1.1850? That kills all accounts which leverage 1:50 and higher.
What about a move in my direction
  • #953,959
  • Jan 23, 2015 2:22pm Jan 23, 2015 2:22pm
i need a 100 pip south move to save my greed that came from this week.
  • #953,960
  • Jan 23, 2015 2:23pm Jan 23, 2015 2:23pm
Quoting OnlineAddict
{quote} Not a good weekend to keep trades open. Remember that move from 1.20 to 1.1850? That kills all accounts which leverage 1:50 and higher.
Hi,

supposedly the eurosceptical party wins in Greece (this is rather certain). If it happens, do you think, that we might see some more upward movement on EU, before Monday US market? What I suposse is that it might go a bit up (1.14) and give some better entry levels. But why I am asking is I need to convert a large amount of Euro into USD. I am in position to do it now, through an online borker. But wouldn't it be wiser to wait until monday?

Regards
Mike
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