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  • #1,082,301
  • Dec 4, 2016 5:05am Dec 4, 2016 5:05am
Quoting Pollen
I see that most traders here in FF are long on eurusd http://www.forexfactory.com/trades.php Lets see what happnes
LOL - 2200 lots short on GJ and over 1000 on UJ
  • #1,082,302
  • Dec 4, 2016 5:07am Dec 4, 2016 5:07am
Quoting Don96
{quote} LOL - 2200 lots short on GJ and over 1000 on UJ
Yeah, i wonder why short UJ!?
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  • #1,082,303
  • Dec 4, 2016 5:07am Dec 4, 2016 5:07am
Quoting Drolph
{quote} There is a lot of negative assumptions priced in already! You are making it yourself pretty easy. Instead, you have to look at the whole process much more detailed. Do you remember, what happened to Greece? The was a strong movement to separate from the EU as well! And did they succeed with their proposals? NO! The price an european country has to pay exiting the community is far higher than most of you expect. So what is going to happen: Maybe Renzi resigns after the vote failed.. maybe there will be reelections .. and maybe populists will...
The problem is that most of the people do not think the way you do.
The majority of the voting citizens don't like (not to say hate) EU and they don't care how much it costs to get out of it. Did British people care? No. Wil Frenchman and the Italian care? I don't think so and why should they since the British didn't?

This my point. So let's go back to the details and face the reality
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  • #1,082,304
  • Dec 4, 2016 5:08am Dec 4, 2016 5:08am
Quoting Pollen
{quote} Yeah, i wonder why short UJ!?
a lot of bearish signals to some eyes i suspect - before elections i went 250 pips up - woke up 2 hours later to b.e - move had happened in about 5 mins lol :0
  • #1,082,305
  • Dec 4, 2016 5:08am Dec 4, 2016 5:08am
i guess the one who shoted GJ are adding to losing positions that were caught in the bottom
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  • #1,082,306
  • Dec 4, 2016 5:09am Dec 4, 2016 5:09am
Quoting NotAtrader
{quote} The problem is that most of the people do not think the way you do. The majority of the voting citizens don't like (not to say hate) EU and they don't care how much it costs to get out of it. Did British people care? No. Wil Frenchman and the Italian care? I don't think so and why should they since the British didn't? This my point. So let's go back to the details and face the reality
my guess is because the British are a lot more well off than the Italians
  • #1,082,307
  • Dec 4, 2016 5:17am Dec 4, 2016 5:17am
Quoting Pollen
{quote} Yeah, i wonder why short UJ!?
Because a lot of people are stuck with old longs and are getting deeper and deeper in the shit by opening more longs hoping to get lucky eventually. But the big boys with the big money and the right knowledge decide where the candles will go. Remember that as rule number one.
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  • #1,082,308
  • Dec 4, 2016 5:19am Dec 4, 2016 5:19am
Quoting NotAtrader
{quote} Because a lot of people are stuck with old longs and are getting deeper and deeper in the shit by opening more longs hoping to get lucky eventually. But the big boys with the big money and the right knowledge decide where the candles will go. Remember that as rule number one.
i dont think so, when there is a strong trend, your perspective is invalid
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  • #1,082,309
  • Dec 4, 2016 5:23am Dec 4, 2016 5:23am
Quoting Pollen
I see that most traders here in FF are long on eurusd http://www.forexfactory.com/trades.php Lets see what happnes
I guess many people will be with the hand on mouse waiting the countdown when market will open.
  • #1,082,310
  • Dec 4, 2016 5:26am Dec 4, 2016 5:26am
Quoting Pollen
{quote} i dont think so, when there is a strong trend, your perspective is invalid
Now I am confused
Why would one trade against the trend? Probably because he is stuck with old positions in the same wrong direction and trying to place himself in a better position before the next reversal. So why is my perspective invalid?

Anyways good luck mate and trade smart.

NaT
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  • #1,082,311
  • Dec 4, 2016 5:30am Dec 4, 2016 5:30am
Quoting NotAtrader
{quote} Now I am confused Why would one trade against the trend? Probably because he is stuck with old positions in the same wrong direction and trying to place himself in a better position before the next reversal. So why is my perspective invalid? Anyways good luck mate and trade smart. NaT
i do - most of the time
  • #1,082,312
  • Dec 4, 2016 5:36am Dec 4, 2016 5:36am
Quoting NotAtrader
{quote} Now I am confused Why would one trade against the trend? Probably because he is stuck with old positions in the same wrong direction and trying to place himself in a better position before the next reversal. So why is my perspective invalid? Anyways good luck mate and trade smart. NaT
sorry mate, got confused.
You are correct, there is no point of trading against the trend (OF the BIGGER PICTURE)
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  • #1,082,313
  • Dec 4, 2016 5:38am Dec 4, 2016 5:38am
Quoting Don96
{quote} i do - most of the time
I knew you would be tough to beat on that
GL m8
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  • #1,082,314
  • Dec 4, 2016 5:46am Dec 4, 2016 5:46am
Quoting NotAtrader
{quote} The problem is that most of the people do not think the way you do. The majority of the voting citizens don't like (not to say hate) EU and they don't care how much it costs to get out of it. Did British people care? No. Wil Frenchman and the Italian care? I don't think so and why should they since the British didn't? This my point. So let's go back to the details and face the reality
Please read carefully, you missed the point.

Though people might vote for populists or "out of EU" movements this does NOT necessarily mean they satisfy their promises afterwards - THIS is the reality.. take Greece or UK as example. Things are never as bad as they seem.
  • #1,082,315
  • Dec 4, 2016 5:53am Dec 4, 2016 5:53am
My take - euro will gap up and will be a yes vote the chart speaks
trade safe
  • #1,082,316
  • Dec 4, 2016 5:57am Dec 4, 2016 5:57am
Quoting zz_zhang
My take - euro will gap up and will be a yes vote the chart speaks
Did your chart tell you that there will a Yes vote?

That is pretty advanced
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  • #1,082,317
  • Dec 4, 2016 5:58am Dec 4, 2016 5:58am
Quoting zz_zhang
My take - euro will gap up and will be a yes vote the chart speaks
XE rate now 1,0664
option broker OTC 1,0660

no gap at the moment, maybe few hours later
  • #1,082,318
  • Dec 4, 2016 6:12am Dec 4, 2016 6:12am
Quoting zz_zhang
My take - euro will gap up and will be a yes vote the chart speaks
it can gap up, but it will still go down
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  • #1,082,319
  • Dec 4, 2016 6:20am Dec 4, 2016 6:20am
Quoting Pollen
{quote} it can gap up, but it will still go down
Yes it can spike up a bit, but after that anyone without parachute is not safe.
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  • #1,082,320
  • Dec 4, 2016 6:27am Dec 4, 2016 6:27am
Quoting pipsandbits
{quote} XE rate now 1,0664 option broker OTC 1,0660 no gap at the moment, maybe few hours later
Why do you pay attention to OTC? It has nothing with the real price to do. The price in OTC is just a deal between traders connected to a network which is currently disconnected from the global market. This closed market is not driven by news nor by sentiments. It is just a matter of what decision you make at the moment of opening a position and it's more like a gambling
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