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Attachments: EURUSD
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EURUSD

  • #1,070,581
  • Jun 23, 2016 5:48am Jun 23, 2016 5:48am
after tomorrow , the euro will remain the same shit currency was until yesterday.
  • #1,070,582
  • Jun 23, 2016 5:52am Jun 23, 2016 5:52am
1.16 coming today or tomorrow now that the previous high at 1.14XX was broken. Have fun at the party
  • #1,070,583
  • Jun 23, 2016 5:53am Jun 23, 2016 5:53am
Quoting Not-KPMG
{quote} move on where When i look at the charts i can't stop laughing. Who are these naive traders (except robbing banks) that drive all pathetic currencies so high?{quote} Plan going nicely. I closed one long position doggedly hold for weeks. Maybe few positions, across few accounts Demo account looks amazing. G/U really flying Demo is so much fun.
Just saying dont expect anything "interesting" from vote count. It is what it is. "Those" naive traders are the ones taking from naive people exchanging GBP for EUR/USD in post offices of London thinking YES vote will prevail and catching their 5% currency loses in next 12 hours.
  • #1,070,584
  • Jun 23, 2016 5:56am Jun 23, 2016 5:56am
Exactly. Was clear EU / UK wont let it happen. Additionally people dont understand that this vote is just ADVISE for the government, its not BINDING for the government, never was!

http://www.businessinsider.de/green-...16-6?r=UK&IR=T

"Parliament doesn't actually have to bring Britain out of the EU if the public votes for it.
That is because the result of June 23 referendum on Britain's EU membership is not legally binding. Instead, it is merely advisory, and, in theory, could be totally ignored by UK government. "

Just made another +250 on GBPJPY up-move where everyone seems to have shorted it. The naive people are the ones posting here right before us Profit taking / stop run now, then up again!

This Brexit referendum is one of the most hilarious events to bring naive traders out of their money today and tomorrow.
  • #1,070,585
  • Edited 6:04am Jun 23, 2016 6:01am | Edited 6:04am
Quoting geektrader
Exactly. Was clear EU / UK wont let it happen. Just made another +250 on GBPJPY up-move where everyone seems to have shorted it. The naive people are the ones posting here right before us Profit taking / stop run now, then up again!
I hear you. Enjoy profits if you catch them . If you ask me JPY is sure fall. ... But i will never trade these crazy currencies. Euro is handfull for me
Scalping of course is good business, just thinking what will the long positions do AFTER the crazy fog subsides and economy is the same sh.t
Geektrader, you are so spot on!!
Beware of robber banks (RB), bad advisors.
  • #1,070,586
  • Jun 23, 2016 6:03am Jun 23, 2016 6:03am
Quoting geektrader
Exactly. Was clear EU / UK wont let it happen. Additionally people dont understand that this vote is just ADVISE for the government, its not BINDING for the government, never was! http://www.businessinsider.de/green-...16-6?r=UK&IR=T "Parliament doesn't actually have to bring Britain out of the EU if the public votes for it. That is because the result of June 23 referendum on Britain's EU membership is not legally binding. Instead, it is merely advisory, and, in theory, could be totally ignored...
you say you are British... so you must know how the UK works... if the people vote for out, the Executive/Legislature aren't just going to ignore it, they'd be voted out..

That word there is perfect word for that whole sentence there is a reason its included
  • #1,070,587
  • Jun 23, 2016 6:07am Jun 23, 2016 6:07am
Quoting Don96
{quote} you say you are British... so you must know how the UK works... if the people vote for out, the Executive/Legislature aren't just going to ignore it, they'd be voted out.. That word there is perfect word for that whole sentence there is a reason its included
Haha sure, they already ignored it in the past, just have a look at historic referendums. Some ARE binding, this one is not. They can do whatever they want afterwards and since 70% of the government are pro EU..... but not even the voters will vote for leave..
  • #1,070,588
  • Jun 23, 2016 6:14am Jun 23, 2016 6:14am
Quoting geektrader
{quote} Haha sure, they already ignored it in the past, just have a look at historic referendums.
Absolutely. Don96 has just wrapped himself into two sided blanket by the fact using legislature in EU as execution point, the same way it is being used in UN, becouse you know we had no wars for whole century, due to international legislatures that are thankfuly in place around the globe.
  • #1,070,589
  • Jun 23, 2016 7:00am Jun 23, 2016 7:00am
When the voting end and when the results will be known?

Thank you
  • #1,070,590
  • Jun 23, 2016 7:08am Jun 23, 2016 7:08am
Quoting thatguy22
When the voting end and when the results will be known? Thank you
http://www.forexfactory.com/showthre...32#post8993632
Wait, or you will be slaughtered!
  • #1,070,591
  • Jun 23, 2016 7:22am Jun 23, 2016 7:22am
From what I could see, a 'Bremain' majority will help EUR to break a long standing supply region between 1.1450 and 1.1500 with potential targets as 1.1800 and 1.2300. On the other hand, if 'Brexit' wins we might see a spike to the mentioned supply area where we can short the pair and hold at least until 1.1100. Who knows, 'Brexit' could encourage other countries to go for referendum which can be suicidal for EUR. Just my opinion.
Attached Image (click to enlarge)
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  • #1,070,592
  • Jun 23, 2016 7:28am Jun 23, 2016 7:28am
Quoting FX Tsunami
From what I could see, a 'Bremain' majority will help EUR to break a long standing supply region between 1.1450 and 1.1500 with potential targets as 1.1800 and 1.2300. On the other hand, if 'Brexit' wins we might see a spike to the mentioned supply area where we can short the pair and hold at least until 1.1100. Who knows, 'Brexit' could encourage other countries to go for referendum which can be suicidal for EUR. Just my opinion. {image}
I think if they vote stay nothing really changes so I only expect some overshoots and then back to levels we are in the last few months, or at least until something new from FED or ECB
  • #1,070,593
  • Jun 23, 2016 7:33am Jun 23, 2016 7:33am
This British Exit (BrExit) is just a big BS
Drawdown is more important than Account Size !
  • #1,070,594
  • Jun 23, 2016 7:36am Jun 23, 2016 7:36am
Anyone still trading into the Brexit, please watch this dailyfx video, maybe you'll change your mind. If not, good luck trading out there, you may need it
  • #1,070,595
  • Jun 23, 2016 7:47am Jun 23, 2016 7:47am
gbpjpy moved almost 370 pips
Drawdown is more important than Account Size !
  • #1,070,596
  • Jun 23, 2016 8:03am Jun 23, 2016 8:03am
Quoting Jonstaples
{quote} I fully agree with your assessment. I'm expecting extreme volatility and choppiness for tomorrow. Today I can scalp a few pips from the long side.
Frankly, today I don't think I dare to even scalp the EUR and GBP pairs. I hope your positions will turn out well though.
  • #1,070,597
  • Jun 23, 2016 8:24am Jun 23, 2016 8:24am
Quoting Mirco-world
help guys, very soon we may see 1.115 and 1.18, but witch one the first ? tx
about 1200 to 1250 IMHO.
Quoting thatguy22
I think if they vote stay nothing really changes so I only expect some overshoots and then back to levels we are in the last few months, or at least until something new from FED or ECB
exactly. And with Draghi starting more stuff.... Why would anybody expect higher E ?
PS: come on robber banks, whip it higher
Beware of robber banks (RB), bad advisors.
  • #1,070,598
  • Jun 23, 2016 8:39am Jun 23, 2016 8:39am
Quoting Tom81
Anyone still trading into the Brexit, please watch this dailyfx video, maybe you'll change your mind. If not, good luck trading out there, you may need it
Yes I stay out till the storm is over.

I think we see al indexes and pairs making hughe spikes in al directions,when we have the results.

If you love your money,don't trade.
  • #1,070,599
  • Jun 23, 2016 8:44am Jun 23, 2016 8:44am
up 300 pips waiting for my tp hoping that it does not reverse and fuck all my trades
When life gives you lemons, make lemonade
  • #1,070,600
  • Jun 23, 2016 8:56am Jun 23, 2016 8:56am
Quoting thatguy22
{quote} I think if they vote stay nothing really changes so I only expect some overshoots and then back to levels we are in the last few months, or at least until something new from FED or ECB
Yeah, I agree. A Remain vote doesn't change the reality and of course we'll get back to earlier levels. Just that I expect the overshoot to be in between the levels I mentioned. I may be wrong as the pair is already pricing in Remain. Anyway, I'm just staying away and watching it roll.
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