The Swamp | Page 311 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: The Swamp
Exit Attachments

The Swamp

  • #6,201
  • Jun 24, 2016 2:18am Jun 24, 2016 2:18am
Quoting gatorinla
going to sleep.. got a a alarm and a small pending gu short 4119
interesting spot, might join you...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 30 KB
Look Sharp/Trade Tight
  • #6,202
  • Jun 24, 2016 2:21am Jun 24, 2016 2:21am
Pending SHORT
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 2 KB
A good trader follows his rules, but great trader knows when to break them
  • #6,203
  • Jun 24, 2016 2:29am Jun 24, 2016 2:29am
So what happens now that David Cameron has resigned?
  • #6,204
  • Jun 24, 2016 2:33am Jun 24, 2016 2:33am
Quoting Freelve
So what happens now that David Cameron has resigned?
Will leave by October, not today or tomorrow.
The mind is not a book to be opened at will and examined at leisure
  • #6,205
  • Jun 24, 2016 2:34am Jun 24, 2016 2:34am
Got pending 1.0943. hope eu will pick me at the btm.
  • #6,206
  • Jun 24, 2016 2:36am Jun 24, 2016 2:36am
Quoting PayTheLimit
{quote} interesting spot, might join you... {image}
Acc. to my study till that time it can meet 100 day MA (15min) there too, so it's a good point to go short.
The mind is not a book to be opened at will and examined at leisure
  • #6,207
  • Jun 24, 2016 2:36am Jun 24, 2016 2:36am
Quoting Isvara
{quote} Acc. to my study till that time it can meet 100 day MA there too, so it's a good point to go short.
lets see if it has the legs...
Look Sharp/Trade Tight
  • #6,208
  • Jun 24, 2016 2:38am Jun 24, 2016 2:38am
one more interesting spot, 7484 in the AUD...that's all I see, good luck to all, have a good one, PTL
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH1.png Size: 47 KB
Look Sharp/Trade Tight
  • #6,209
  • Jun 24, 2016 2:41am Jun 24, 2016 2:41am
Quoting ill_be_back
Pending SHORT {image}
Triggered, Second Pending also Triggered, OUT of 1st

S/O, Done for the week
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 2 KB
A good trader follows his rules, but great trader knows when to break them
  • #6,210
  • Jun 24, 2016 2:48am Jun 24, 2016 2:48am
will be looking to short gj at 146.7 though
Nothing stands in the way of a person's will -THE MYSTICS
  • #6,211
  • Jun 24, 2016 2:57am Jun 24, 2016 2:57am
Quoting Patrich
will be looking to short gj at 146.7 though
could ride the buy upwards before the sell...depends close of this 4hr candle will tell. atm standing aside.
Nothing stands in the way of a person's will -THE MYSTICS
  • #6,212
  • Jun 24, 2016 3:12am Jun 24, 2016 3:12am
(CNN)The results are in -- the British public has voted to leave the EU.
But breaking up is hard to do. It will take at least two years -- if not more -- to sort out the historic exit from the 28-country bloc.
The UK has been a member of the European Union (and its precursors) since 1973, and the British government now faces the gargantuan task of unraveling decades of legislation, treaties and deals between the UK and the EU, the single biggest market in the world.
The legal fine print
The EU referendum vote itself is not a legal notification. The formal announcement to the EU is expected to happen at a meeting of the European Council (the EU's heads of government) on Monday, June 27.

Once that happens, it will trigger Article 50 of the 1973 Treaty of Rome, which gives both sides two years to reach an agreement.However, because the UK is so intricately entwined with the EU, it could take many years longer than that.
Liam Fox, a pro-Leave British MP, estimates it would take up to 2019 to renegotiate policy from issues on immigration to trade, security and more.
What will happen to the EU?
The UK is the first bona fide country to leave. The closest thing prior to this is when Greenland, which is part of Denmark, left in 1985. (The rest of Denmark stayed.)
Greece has thought seriously about it though. That would be Grexit (another story altogether). But think about the precedent it sets. With the UK's decision to leave, other EU countries might start eyeing the door too and that'll have huge consequences for the economy and stability.
Jan Techau, director of foreign policy think tank Carnegie Europe, said the EU is sure to play hardball when it comes to negotiating the UK's exit.
"First off, they will try to play it hard vis-a-vis the UK. It's quite clear they will have to unify around a position that will make it quite painful for the UK to negotiate this exit so that everybody sees what happens to you if you try to do the same thing," Techau said.
While that's a short-term tactic, the EU will also need to find a deeper solution to the problems plaguing them -- the most pressing of which is the refugee crisis.
What about the UK?
Friday's vote could also see a break up of the United Kingdom -- which is composed of four countries: England, Wales, Scotland and Northern Ireland.
Scots, a majority of whom want to stay, have said they will call for a referendum for their own independence (remember the 2014 Scottish referendum? That vote to stay prevailed by 55% to 45%) -- so it can join the EU.
Northern Ireland leaders called for a referendum too after the vote results.
"The British government can no longer claim to represent the political or economic interests of the North in Europe," Declan Kearney, Sinn Fein National Chairperson told CNN.
"There is clearly a democratic imperative for a border poll in the North."
Heads have rolled
Prime Minister David Cameron, who led the "Bremain" campaign, announced his resignation following the vote.
While Cameron did not give an exact time table for his departure, he said that he wanted a new leader to be in place by the start of the Tory Party conference in October.
The mind is not a book to be opened at will and examined at leisure
  • #6,213
  • Jun 24, 2016 3:20am Jun 24, 2016 3:20am
Quoting Isvara
(CNN)The results are in -- the British public has voted to leave the EU. But breaking up is hard to do. It will take at least two years -- if not more -- to sort out the historic exit from the 28-country bloc. The UK has been a member of the European Union (and its precursors) since 1973, and the British government now faces the gargantuan task of unraveling decades of legislation, treaties and deals between the UK and the EU, the single biggest market in the world....
Quoting cspip
{quote} A brexit won't be so simple to carry out. If there is one, it'll take around 2 years for it to actually take place. Nothing will change on 24th June. In that two years the UK and the other EU members have to agree on how the UK will exit, lots of voting in the EU parliament, majority have to agree etc. A brexit could also trigger a general election if David Cameron's conservative party lose faith in him and force him, the Prime Minister to resign. The general election could come as soon as in a few months, possibly in October, one month...
The next prime minister won't stay as long, certainly not 6 years like David Cameron.
  • #6,214
  • Jun 24, 2016 3:20am Jun 24, 2016 3:20am
Quoting gatorinla
{quote} maybe .. i am uj flat.. i missed a entry.. broker was slow at the time,, uj norm hit,, dont think it cant bounce back to 102.9.. some R at 101.64 and 103.13 and 103.68.. i i am long eu already...0954 stops+5
nice bounce
those who can, do. those who cant, talk about those who can
  • #6,215
  • Jun 24, 2016 3:27am Jun 24, 2016 3:27am
Quoting gatorinla
going to sleep.. got a a alarm and a small pending gu short 4119
i didnt think it would happen in a few hours.. but if it did, i am ok with it..
Attached Image
those who can, do. those who cant, talk about those who can
  • #6,216
  • Jun 24, 2016 3:30am Jun 24, 2016 3:30am
Quoting gatorinla
{quote} nice bounce
Huge bounce even for DAX and FTSE. I believe Central Banks intervened now. Japan had also said before that if YEN approached 100 that they would intervene. Germany usually intervene around 9500 for DAX. Broke it today so they must have entered at today's lows. Wondering how high DAX will go today though
  • #6,217
  • Jun 24, 2016 3:38am Jun 24, 2016 3:38am
Quoting spartanforex
{quote} you got any numbers on usd/jpy at 110.98 , 112.50 or 113.38 ? I also got some numbers i dont trust at 106.89 and 10743.
dont know.. since 100.5 norm is hit.. it may climb to 112.xx.. the st climb for 103 ish is done.. hold on..i may show 68.09 chart
Attached Image
those who can, do. those who cant, talk about those who can
  • #6,218
  • Jun 24, 2016 3:44am Jun 24, 2016 3:44am
Quoting stylinex
{quote} Huge bounce even for DAX and FTSE. I believe Central Banks intervened now. Japan had also said before that if YEN approached 100 that they would intervene. Germany usually intervene around 9500 for DAX. Broke it today so they must have entered at today's lows. Wondering how high DAX will go today though
LMAO ok...ok... when dax drops to summer 2012 levels.. lets speak of this then..
those who can, do. those who cant, talk about those who can
  • #6,219
  • Jun 24, 2016 4:04am Jun 24, 2016 4:04am
uj missed 68.09 last big drop.. here is what 68.09 looks like here.. atm uj 103 area.. theres R at 103.5x and the 68.09 chart has 103.78 as possible R.. st reached the norm.. uj may be toppy here or nearer 103.78 area. posted this earlier..
Attached Image
those who can, do. those who cant, talk about those who can
  • #6,220
  • Jun 24, 2016 4:06am Jun 24, 2016 4:06am
Quoting MaxDoom
all the remain doom mongers are now going to be wishing they had not exaggerated the consequences of brexit
lol ... there is a lot of truth in that. Because the world is not going to end just because of that, but the worst is always inside the mind.
Fix up, trade sharp ...
42 traders viewing now