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  • #1,009,241
  • Jul 11, 2015 12:35pm Jul 11, 2015 12:35pm
Quoting ptoftangency
Chart doesn't matter, so I'll just continue to trade cad/jpy and usd/jpy. {image}
Nice geometry but is price going higher or lower?
  • #1,009,242
  • Jul 11, 2015 12:45pm Jul 11, 2015 12:45pm
Quoting srt
{quote} Nice geometry but is price going higher or lower?
He said chart don't matter. Just trade either sell or buy then wait to close in profit.

It's called the waiting strategy
  • #1,009,243
  • Jul 11, 2015 12:50pm Jul 11, 2015 12:50pm
Quoting Ken A
{quote} He said chart don't matter. Just trade either sell or buy then wait to close in profit. It's called the waiting strategy
Got it!
  • #1,009,244
  • Jul 11, 2015 12:50pm Jul 11, 2015 12:50pm
Quoting egkid
{quote} it will come back to it no worry
It eventually will, don't worry
  • #1,009,245
  • Jul 11, 2015 12:52pm Jul 11, 2015 12:52pm
Quoting egkid
{quote} Hello G can u explain more this numbers take my attention really do u see 1020/43 will b visit again after hitting 1215? EDIT: My low was 1.074x but after massive buy last days i almost give up and thinking to load longs but not sure we trade since long time and i respect ur view
I suspect next week we go down. It looks less clear in the euro, but USD/CAD and USD/JPY are suggesting an imminent move to the upside next week... probably Wednesday. We'll see.
  • #1,009,246
  • Jul 11, 2015 12:53pm Jul 11, 2015 12:53pm
Quoting Pharm0r
-13% on a 1000% account is peanuts.
It's -13% of 100%
  • #1,009,247
  • Jul 11, 2015 12:56pm Jul 11, 2015 12:56pm
Forget it that there will be any final descicion this weekend. Schäuble just said that he wants a new plan or "slow Grexit". This will not work out for Greece, hence we will see big gap down after the weekend.
  • #1,009,248
  • Jul 11, 2015 1:11pm Jul 11, 2015 1:11pm
Quoting Ken A
{quote} He said chart don't matter. Just trade either sell or buy then wait to close in profit. It's called the waiting strategy



Perhaps the D1 usd/cad provides a clearer outlook for other opportunities.

Attached Image (click to enlarge)
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  • #1,009,249
  • Jul 11, 2015 1:16pm Jul 11, 2015 1:16pm
Quoting Ken A
{quote} It eventually will, don't worry
I was seeing so till it break 1090 i got out
week closing above 1140 made me not sure
109x will b visit again in my view but under it i don't know

my low was 1.074x before 15/16 July but it's looks very hard now

wounder if we can see big gap!!
  • #1,009,250
  • Edited 1:35pm Jul 11, 2015 1:25pm | Edited 1:35pm
Quoting egkid
{quote} I was seeing so till it break 1090 i got out week closing above 1140 made me not sure 109x will b visit again in my view but under it i don't know my low was 1.074x before 15/16 July but it's looks very hard now wounder if we can see big gap!!
Was expecting a sharp up move when it pierced thru support 1.1020 and it did on Thursday. Friday support 1.11200 remain in tact unable to break thru from 1.12161. Time will tell if it came back to 1.11200 to pick up more buy orders or just profit takings then squeeze to 1.128x.

Not expecting big gap probably few pips here and there
  • #1,009,251
  • Jul 11, 2015 2:04pm Jul 11, 2015 2:04pm
Greek Economy Minister Giorgos Stathakis says a deal will be reached this weekend, with trust rebuilt "step by step".
He also says Greece's latest proposals in negotiating with creditors have been accepted by eurozone finance ministers.
  • #1,009,252
  • Jul 11, 2015 2:24pm Jul 11, 2015 2:24pm
It all makes as much sense as Greece..
Inserted Video
As the lights go by so too do the shadows move
  • #1,009,253
  • Jul 11, 2015 2:59pm Jul 11, 2015 2:59pm
Quoting Ken A
{quote} Was expecting a sharp up move when it pierced thru support 1.1020 and it did on Thursday. Friday support 1.11200 remain in tact unable to break thru from 1.12161. Time will tell if it came back to 1.11200 to pick up more buy orders or just profit takings then squeeze to 1.128x. Not expecting big gap probably few pips here and there
I vote for a at least 200 pips gap down on market open, let´s see who´s right.
  • #1,009,254
  • Jul 11, 2015 3:47pm Jul 11, 2015 3:47pm
Quoting geektrader
{quote} I vote for a at least 200 pips gap down on market open, lets see whos right.
Are you SHORT EU or did you SHORT before Friday close
A good trader follows his rules, but great trader knows when to break them
  • #1,009,255
  • Edited 4:05pm Jul 11, 2015 3:54pm | Edited 4:05pm
Quoting Ken A
{quote} It's -13% of 100%
haha- I see your point, i looked at it wrong.

take out the 5,000- and it's 13% of free money, that's how I'd see it- of even take out 10k and you win no matter what.

regardless, 5k to 70k in 30 days, wont catch me being upset about it
  • #1,009,256
  • Edited 5:03pm Jul 11, 2015 4:51pm | Edited 5:03pm
Attachment
Quoting geektrader
{quote} I vote for a at least 200 pips gap down on market open, lets see whos right.
  • #1,009,257
  • Jul 11, 2015 5:36pm Jul 11, 2015 5:36pm
Quoting infernal199
DOWN permanently doesnt mean that it will down like skyrocket lolz Price always do corrections but, when It will down It will down consecutively... but yet many things could happen by the time it will reach to the TOP & for ME? well, I always trade for 10-20pips not more than that so, NO matter what happen we scalper always in the safe side, becoz our trade last for only 5min to 1h maximum 2h at best
how many pips do you average of profit a week scalping for 20 pips?
  • #1,009,258
  • Jul 11, 2015 6:45pm Jul 11, 2015 6:45pm
Quoting ill_be_back
{quote} Are you SHORT EU or did you SHORT before Friday close
No, I am flat, no need for risky weekend exposure.
  • #1,009,259
  • Jul 11, 2015 7:52pm Jul 11, 2015 7:52pm
up

Attached Image (click to enlarge)
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ignore wackos and psychos, including myself. But I can't add myself to iggy
  • #1,009,260
  • Jul 11, 2015 9:34pm Jul 11, 2015 9:34pm
The outcome of the Summit today will at most be a messy one. Parliaments in countries like Germany and Finland have to ratify the formal opening of talks...impossible by tomorrow morning. A huge gap awaits...if the ECB decides not to inject new money into the Greek banking system, a de facto Grexit will happen. Fasten your seatbelts, Ladies and Gentlemen ! Tsipras nor the markets seem to have realized the talk is no longer about money left into the second bailout, but this is a complete new negotiation on a third bailout with vastly different parameters. Sneeky French have helped Tsipras to submit his latest proposals....Hollande's endorsement on Friday seems hollow now. The damage to the Euro and to relations between members has happened ....very bearish on EURUSD
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