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EURUSD

  • #954,121
  • Jan 25, 2015 12:24pm Jan 25, 2015 12:24pm
EU 1.1164/66
  • #954,122
  • Jan 25, 2015 12:25pm Jan 25, 2015 12:25pm
There will be a big pressure on Euro, but it is possible that Euro will wait for first press conference of Syriza leader after elections to take a more rapid move.
  • #954,123
  • Jan 25, 2015 12:26pm Jan 25, 2015 12:26pm
Quoting Geppy
{quote} lol, why would you have longs on at all?
Why not, you can scalp both ways...most scalps don't take any longer than 10 minutes.
Everyone can see the chart, but only a few can actually read it.
  • #954,124
  • Jan 25, 2015 12:29pm Jan 25, 2015 12:29pm
Quoting OnlineAddict
{quote} Why not, you can scalp both ways...most scalps don't take any longer than 10 minutes.
I dunno, things like EUR/CHF come to mind...
check out my blog: forexmademillionaire dot com
  • #954,125
  • Jan 25, 2015 12:30pm Jan 25, 2015 12:30pm
expit polls = extrapolations = end result? this is statistically unproven (at best). the only thing certain atm is that syriza has won and is the biggest parliamentary group. if that´s all, it´s inline with the estimated outcome of the surveys before the election.
fortis fortuna adiuvat
  • #954,126
  • Jan 25, 2015 12:32pm Jan 25, 2015 12:32pm
Quoting Geppy
{quote} I dunno, things like EUR/CHF come to mind...
But those things can end up going both ways...thats why people should always use a Stop Loss!

And this is another reason why everyone should use a SL.

Attached Image (click to enlarge)
Click to Enlarge Name: retail.png Size: 10 KB
Everyone can see the chart, but only a few can actually read it.
  • #954,127
  • Jan 25, 2015 12:47pm Jan 25, 2015 12:47pm
Quoting OnlineAddict
{quote} But those things can end up going both ways...thats why people should always use a Stop Loss! And this is another reason why everyone should use a SL. {image}
Nah, I prefer people not using SLs. This is a zero-sum game, and I like to have all the suckers we can get!
check out my blog: forexmademillionaire dot com
  • #954,128
  • Jan 25, 2015 12:53pm Jan 25, 2015 12:53pm
Quoting OnlineAddict
{quote} But those things can end up going both ways...thats why people should always use a Stop Loss! And this is another reason why everyone should use a SL. {image}
great advise

stop loss it or lose it

eu 11168 atm

with syrkohama in the lead
  • #954,129
  • Jan 25, 2015 1:02pm Jan 25, 2015 1:02pm
From Bloomberg:
The results translate into between 148 and 154 Syriza lawmakers in the 300-seat Parliament. An earlier projection showed New Democracy returning between 65 and 75 lawmakers and To Potami taking 17 to 22 seats.
  • #954,130
  • Jan 25, 2015 1:04pm Jan 25, 2015 1:04pm
http://www.forexlive.com/blog/2015/0...ng-euro-falls/
  • #954,131
  • Jan 25, 2015 1:06pm Jan 25, 2015 1:06pm
Quoting Geppy
{quote} I dunno, things like EUR/CHF come to mind...
lmao really? You expecting a 2000 pip drop on EU?
  • #954,132
  • Jan 25, 2015 1:07pm Jan 25, 2015 1:07pm
A stoploss sucks and is pretty useless if you keep positions open over the weekend or if disasters like recent SNB (swiss franc) decision happen. It won't be honored and it will close the position at random, incurring a bigger loss than intended.

It's better to use stoploss only during low volatility trading (and even then you can't prevent black swan events). If you keep pos open during weekend, get rid of the stoploss. Even better is to close the position all together and take your profit.
  • #954,133
  • Jan 25, 2015 1:10pm Jan 25, 2015 1:10pm
Bloomberg Greece Summary
The following are today's top stories from Greece:
1. Syriza Rides Anti-Austerity Wave to Landslide Victory in Greece
2. Syriza to Get 36%-38% of Greek Vote, Latest Exit Poll Shows
3. Weidmann Says Greece Must Stick to Rescue Conditions After Vote
4. Draghi Sees Reasons in Favor of Real Economic Union: WiWo
5. REACT: Syriza Absolute Majority Points to Debt Restructuring
6. Syriza Places First in Greek Election, Exit Poll Shows
7. Greece Should Stay in Euro Area, Padoan Tells Repubblica
8. Knot Says ECB’s Policy Tool Box More or Less Empty Now
9. Why Greece's Alexis Tsipras Might Not Want to Win Big
10. Greece Should Remain in Euro, To Potami Leader Tells Corriere
11. Syriza Should Keep EU Partners in Talking Mode: Societe Generale
12. Outgoing Greek Minister Says Syriza Has Won Election
13. Syriza Shock Victory Doesn’t Rule Out Troika Deal: Berenberg
14. Greek Bond Selloff Is Likely on Syriza Election Gains: DZ Bank
15. Euro Opens Lower as Greek Exit Polls Show Syriza Set for Victory
16. EUR Opens Lower After Greek Exit Polls Show Leftist Syriza Win
17. Prospect of Syriza Absolute Majority Likely to Weigh on EUR: BNZ
18. Tsipras Says Wants to Negotiate Solution With Creditors by July
19. Eurogroup Able to Address Any Result in Greek Vote: Moscovici

EU 1.1164
  • #954,134
  • Jan 25, 2015 1:11pm Jan 25, 2015 1:11pm
Quoting ExForX
A stoploss sucks and is pretty useless if you keep positions open over the weekend or if disasters like recent SNB (swiss franc) decision happen. It won't be honored and it will close the position at random, incurring a bigger loss than intended. It's better to use stoploss only during low volatility trading (and even then you can't prevent black swan events). If you keep pos open during weekend, get rid of the stoploss. Even better is to close the position all together and take your profit.
the best way to trade dont leave u son out in the storm it might kick his bott unless he is well looped
  • #954,135
  • Jan 25, 2015 1:13pm Jan 25, 2015 1:13pm
Dentist told me I grind my teeth too much.....perhaps it's because I don't use stoploss?
  • #954,136
  • Jan 25, 2015 1:14pm Jan 25, 2015 1:14pm
Quoting Geppy
{quote} Nah, I prefer people not using SLs. This is a zero-sum game, and I like to have all the suckers we can get!
But without a SL, you never know when you are going to be that sucker they will get.
Everyone can see the chart, but only a few can actually read it.
  • #954,137
  • Jan 25, 2015 1:16pm Jan 25, 2015 1:16pm
*SYRIZA GETS 35.2% WITH 20.8% OF VOTE COUNTED: INTERIOR MINISTRY
--ELENI CHREPA
-0- Jan/25/2015 19:13 GMT

I'm still betting Syriza will not get the majority.
  • #954,138
  • Jan 25, 2015 1:16pm Jan 25, 2015 1:16pm
Quoting Pharm0r
{quote} lmao really? You expecting a 2000 pip drop on EU?
I'm HOPING for it, lol. Have an open 0.53 lots short trade
  • #954,139
  • Jan 25, 2015 1:17pm Jan 25, 2015 1:17pm
Most XXXUSD are down atm, exception to GBPUSD slightly pushed by GBPAUD GBPNZD
  • #954,140
  • Jan 25, 2015 1:19pm Jan 25, 2015 1:19pm
Quoting Ken A
Most XXXUSD are down atm, exception to GBPUSD slightly pushed by GBPAUD GBPNZD
Yeah, whats up with Cable...it just doesn't want to be below 1.50, it seems. Eventually the bears will get tired and give up, because they can't seem to get it done for 2-3 weeks already, while EU keeps dropping and dropping. If I was going to long something and hold, it would be probably GU, not EU.
Everyone can see the chart, but only a few can actually read it.
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