EURUSD

Oh it's a huge "IF", that's why I'm trailing my stop...and I hate having to trail my stop

I hope big news tomorrow make this pair really moves. I'm tired of 1.11/1.12 lever for so long!!!

lying st may want a 1137 (just below 1138.5) tagged before 1177.. take of what one wants.. for either direction play

Alol

i dont think so....with 10% return daily on the funds greece will be able to repay everything and be in profit in less than a year...

S/o

Link ?

It's not bad I hope it lasts you can profit from any position if u get a good entry and hold

Seems like too many people are trying to donate money and site is down for a 30 minutes.Now is open again.
https://www.indiegogo.com/projects/g...ut-fund#/story

Juncker ends speech saying must go 'immediately because important events that you are not prepared for are happening in Athens'...

Greek media on fire, meteorites approaching Greece minute by minute before defaulting. Who would have thought that the Trojan horse would be used against its maker
http://www.zerohedge.com/news/2015-0...s-favor-troika

sakisft Greece wont default tomorrow or today.Last deadline for default is end of july.

if it now goes to 1145 w/o a LL it has a good shot//1137 tagged

Judging by the comments people simply don't grasp the size of a billion dollars...

Another Eurogroup tomorrow morning, more range.

6 months actually according to IMF procedures.

So i'm currently shorted at 1.0999, roughly -152 from that, how screwed am i? Should I just eat the loss?

EUR/USD failed to break above 1.1250, bounced off the resistance at that level, moving to the downside again. It's currently testing the support at 1.1140. Should it break below that support it will likely continue towards 1.1030.

If it's loose change, go ahead, could hit your target very soon. If it's a big position, might be best to close. If central banks will buy agressively again just like monday, you're going to be even worse of than now.

yeah, but dragis stated something else for him to continue funding.

There's a lot of pending orders below. Since there's no clear direction or momentum, market makers will eventually try to fill all orders no matter where they are. Since the orders are below current prices, it's likely we are going to see those lower prices. 1.15 was attempted few times but clearly the road was blocked so going forward lows will be attempted until big buyers are found. (and yeah, this means that if you send in pending stop loss orders to broker to exit position, you are actually hurting your profit potential as mm's will try to fill those instead of your profit taking pending limits - of course you still want to protect profits, that's why exit strategy is important. Much of the challenge comes from retail needing to beat the commissions & spreads, if you had neither, that would open up easier avenues to profit)

Yesterdays rally was just noise in my analysis. If I am correct, there was some loser trying to sell with load of leverage and tight stop losses.. I think they got stopped out a bunch of times and then gave up. Or perhaps it was some tactic to try squeeze shorts rapidly, either way it was all complete non-sense so I don't think anyone but really weak hands folded to that. Yeah there was some talk about intervention and what not but if that was the intervention it was weakest intervention I've seen. I almost suspect that intervention story was made up. (I suppose it's possible CB could now be doing liquidity providing interventions through some retail brokers but saying that for sure would take few more such interventions with similar action)