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EURUSD

  • #1,003,601
  • Jun 23, 2015 1:00pm Jun 23, 2015 1:00pm
Quoting bluetoss
{quote} i think there may be no conclusion by this week, the greece problem most likely will drag on.
Payment will be made by 30th. AS far as general condition of Greece?I think they are perhaps finally learning to run the country by the rules.
True Greece is still a liability but after this fiasco and concessions made I believe Greece will benefit and get stronger.
They agreed already to raise retirement age to 67 saving billions and added value added tax VAT 23% I believe this VAT % is what the haggling is about.
REgards
In trading, you have to be defensive and aggressive at the same time
  • #1,003,602
  • Jun 23, 2015 1:09pm Jun 23, 2015 1:09pm
EUR/USD broke below the support at 1.1240 and is still descending. It will likely continue falling until it reaches the support at 1.1030.
  • #1,003,603
  • Jun 23, 2015 1:14pm Jun 23, 2015 1:14pm
Quoting egkid
{quote} delay 2 days but it goes as it should down down
continue this down move for while
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  • #1,003,604
  • Jun 23, 2015 1:29pm Jun 23, 2015 1:29pm
Quoting Davit
{quote} Payment will be made by 30th. AS far as general condition of Greece?I think they are perhaps finally learning to run the country by the rules. True Greece is still a liability but after this fiasco and concessions made I believe Greece will benefit and get stronger. They agreed already to raise retirement age to 67 saving billions and added value added tax VAT 23% I believe this VAT % is what the haggling is about. REgards
its not like the people can fire the politicians as need be in Greece, or any other ecb member.. its an open ended situation. greece today, someone else tomorrow.
those who can, do. those who cant, talk about those who can
  • #1,003,605
  • Jun 23, 2015 1:35pm Jun 23, 2015 1:35pm
ECB realizes now that some countries like Greece,Portugal,Spain,Italy should not have join EU
Obvious problem is these economies are totally different then Germany.Germany had trade surplus for years and interestingly they are having surplus by selling goods to same countries that can't produce...on their own or compete on same level.
Its obvious only country benefiting from single currency is Germany.Its kind of hypocritical of Germany imposing austerity on these countries where historical data shows austerity does not work.Look at 1930's 1940's 2008 US stimulus programs.They worked.
What needs to be done is instead of straggling these economies ECB and IMF should invest,stimulate them for growth.
On personal level look at Donald Trump how many times banks bailed him out? Now he is worth 9billion instead of footnote in history.Yes we are living in a world that debt can't never be paid back.Has anyone here think we can pay 18trillion dollars back? Never! this is permanent situation.Greece is no exception they are just perhaps sign post what may happen to every country in the future.
In trading, you have to be defensive and aggressive at the same time
  • #1,003,606
  • Jun 23, 2015 1:49pm Jun 23, 2015 1:49pm
DailyFXTeamMember ‏@DailyFXTeam 1
Draghi, Lagarde, Juncker, Regling, Dijsselbloem will meet tomorrow.
  • #1,003,607
  • Jun 23, 2015 2:34pm Jun 23, 2015 2:34pm
EUR/USD slid today 200 pip while the US dollar gaining weight against the majors and the Euro suffering from the Greece case, Strong sell today for the pair.
  • #1,003,608
  • Jun 23, 2015 2:45pm Jun 23, 2015 2:45pm
Quoting Abdul2012
EUR/USD slid today 200 pip while the US dollar gaining weight against the majors and the Euro suffering from the Greece case, Strong sell today for the pair.
Why could this be
  • #1,003,609
  • Jun 23, 2015 3:00pm Jun 23, 2015 3:00pm
i am on long position in gold..

let see for tomorrow
  • #1,003,610
  • Jun 23, 2015 3:00pm Jun 23, 2015 3:00pm
Quoting gatorinla
{quote} after 2117 looks like the one to go the distance.. {image}
Where 2117 come from , i mean you always mention the 1.15xx , 1.0786 , 1.065x but this is first time you mentioned 1.2117 !
  • #1,003,611
  • Jun 23, 2015 3:02pm Jun 23, 2015 3:02pm
Quoting Abdul2012
EUR/USD slid today 200 pip while the US dollar gaining weight against the majors and the Euro suffering from the Greece case, Strong sell today for the pair.
even the positive data...euro just going down..u think...who gonna do this.???the answer is.................................................................me!!!!lol!
  • #1,003,612
  • Jun 23, 2015 3:20pm Jun 23, 2015 3:20pm
Quoting kuroro001
{quote} http://www.bloomberg.com/news/articl...icy-divergence
thanks ! appreciate it !
  • #1,003,613
  • Jun 23, 2015 3:56pm Jun 23, 2015 3:56pm
What triggered this sudden drop? is it the meeting of the EU?
  • #1,003,614
  • Jun 23, 2015 4:16pm Jun 23, 2015 4:16pm
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDWeekly.png Size: 24 KB
Come with me if you want to live....
  • #1,003,615
  • Jun 23, 2015 4:16pm Jun 23, 2015 4:16pm
Quoting sherifFares
What triggered this sudden drop? is it the meeting of the EU?
what drop
focus while relaxed to see better
  • #1,003,616
  • Jun 23, 2015 4:21pm Jun 23, 2015 4:21pm
Fib 61.8 tested 3 times so far.. could be triple bottom on 5m... so I risked a long at 1.1155

Happy Trades
Focus only on what truly matters!
  • #1,003,617
  • Jun 23, 2015 4:23pm Jun 23, 2015 4:23pm
Quoting Ata-Turkoglu
Fib 61.8 tested 3 times so far.. could be triple bottom on 5m... so I risked a long at 1.1155 Happy Trades
I do not expect a big retracement. Several supports have been broken today, 1200 to 1227 max.
Intraday only.
  • #1,003,618
  • Jun 23, 2015 4:24pm Jun 23, 2015 4:24pm
Quoting sherifFares
What triggered this sudden drop? is it the meeting of the EU?
no trigger. it just started to drop, 22 hours ago at Tokyo open.
  • #1,003,619
  • Jun 23, 2015 4:26pm Jun 23, 2015 4:26pm
Quoting navk
{quote} I do not expect a big retracement. Several supports have been broken today, 1200 to 1227 max.
My idea is only to scalp some pips from a possible small up move but who knows maybe the wave gets bigger

(I am risking little, around 10 pips max)

Happy Trades
Focus only on what truly matters!
  • #1,003,620
  • Jun 23, 2015 4:29pm Jun 23, 2015 4:29pm
Quoting Ata-Turkoglu
Fib 61.8 tested 3 times so far.. could be triple bottom on 5m... so I risked a long at 1.1155 Happy Trades
Quite a risk
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