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  • #1,100,221
  • Mar 29, 2017 3:30am Mar 29, 2017 3:30am
Today there are no major news on USD , with Brexit process start, might trigger the upward move in favor of Eur
  • #1,100,222
  • Mar 29, 2017 3:31am Mar 29, 2017 3:31am
Still waiting to long...
COT: The precious data ignored
  • #1,100,223
  • Mar 29, 2017 3:32am Mar 29, 2017 3:32am
Quoting Don96
AU is like the master spread widening fuck over for me, everytime my TP or SL is reached during widening spreads, every bastard time {quote} EU looking for some buys 1.0795/90 84/80 62/53, sells ill see when they get there.. {image}
94 s/o -10, 90 took half +10 80 took half +10 84 still running will take half +10, total +1%
  • #1,100,224
  • Mar 29, 2017 3:33am Mar 29, 2017 3:33am
Quoting Connors
{quote} Lol, what is that? Some of member "suthmo's" woodoo??? Thanks man, I am bearish but as mentioned yesterday, it is only natural for London to revisit its close. I will be seeking shorts once/if it gets there.
Lol.. yeah .xx67 is tiny teeny woodoo.. 1.1111 is the real magic number hahah.. anyways good luck again..

Stay Green
Focus only on what truly matters!
  • #1,100,225
  • Mar 29, 2017 3:35am Mar 29, 2017 3:35am
Looking to add some shorts at 1.0808
  • #1,100,226
  • Mar 29, 2017 3:39am Mar 29, 2017 3:39am
I would be careful shorting EUR at this stage, Brexit is major plus for Euro Zone , more business , more foreign direct investments , more employment and the list just goes on ... even higher prospect for inflation , hence, higher interest rate potential ... so. You take the call !
  • #1,100,227
  • Mar 29, 2017 3:45am Mar 29, 2017 3:45am
Quoting Connors
{quote} +1
+8
  • #1,100,228
  • Mar 29, 2017 3:46am Mar 29, 2017 3:46am
Quoting Connors
{quote} Why jusstin? Any additional info you could share?
Nothing Major Connors... just playing with a candle on the 5Mtf,, might not be a good idea tho but i will observe that level before making that call
  • #1,100,229
  • Mar 29, 2017 3:46am Mar 29, 2017 3:46am
http://www.telegraph.co.uk/news/2017...d-will-unfold/

Article 50 related events for today .
There will be some sort of pressconference in the afternoon
  • #1,100,230
  • Mar 29, 2017 3:48am Mar 29, 2017 3:48am
Quoting Curren
I would be careful shorting EUR at this stage, Brexit is major plus for Euro Zone , more business , more foreign direct investments , more employment and the list just goes on ... even higher prospect for inflation , hence, higher interest rate potential ... so. You take the call !
hello my friend I'm from England and can't understand why one of the srongest members leaving would be positive for the EU. My economics is not great could you explain it a little to me/others. Thanks
Did Mike Jordan always make so much bank or Snoop Doggy roll so much dank?
  • #1,100,231
  • Mar 29, 2017 3:54am Mar 29, 2017 3:54am
Quoting Tekkonkira
{quote} hello my friend I'm from England and can't understand why one of the srongest members leaving would be positive for the EU. My economics is not great could you explain it a little to me/others. Thanks
UK did not share the common currency with Euro Zone in the first place , its relationship in the Euro Zone community was mainly for trade agreement , apparently , the whole fuss is around the potential cost and benefits of sharing the budget with Euro is speculated to outpace the trade benefit and GDP contribution and that's where the politicians played their gamble .. economically that does not make sense , UK should have integrated more with EU legislatively in order to benefit more from cross border trades ... Now with brexit , the cost and benefits is completely damaged with many business and trade outflow to Euro Zone , hence , the biggest loser on this Brexit is U.K.
  • #1,100,232
  • Mar 29, 2017 3:57am Mar 29, 2017 3:57am
ok all the same but broken a limit down for up straight 1.0812 & hence next target goes to 1.0759. bull set up up still at top & strong , may convert into bear with repeated crush at climaxes ! take care , fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #1,100,233
  • Mar 29, 2017 3:57am Mar 29, 2017 3:57am
Quoting Tekkonkira
{quote} hello my friend I'm from England and can't understand why one of the srongest members leaving would be positive for the EU. My economics is not great could you explain it a little to me/others. Thanks
Brits go cheap vacations and spend their money on cheap booze getting drunk and causing havoc. Now after brexit they 'll have to put more money down to travel due to weak pound so they 'll have to buy better drinks to make their vacations more meaningful and they will do less shit, i.e. more money to EU hotels/bars & less damages=stronger Euro.
  • #1,100,234
  • Mar 29, 2017 3:58am Mar 29, 2017 3:58am
Quoting fontu
ok all the same but broken a limit down for up straight 1.0812 & hence next target goes to 1.0759. bull set up up still at top & strong , may convert into bear with repeated crush at climaxes ! take care , fontu {image}
This pattern can also be rejected by the market , we'll see , I am more fundamental trader at this point
  • #1,100,235
  • Mar 29, 2017 4:02am Mar 29, 2017 4:02am
Quoting sakisf
{quote} Brits go cheap vacations and spend their money on cheap booze getting drunk and causing havoc. Now after brexit they 'll have to put more money down to travel due to weak pound so they 'll have to buy better drinks to make their vacations more meaningful and they will do less shit, i.e. more money to EU hotels/bars & less damages=stronger Euro.
I just made an account to say, this is the dumbest reason i have ever seen to go long on the Euro
  • #1,100,236
  • Mar 29, 2017 4:05am Mar 29, 2017 4:05am
Right now at this point is 50:50. Chance either go up or down....PLEASE PLACE YOUR BETS
  • #1,100,237
  • Mar 29, 2017 4:09am Mar 29, 2017 4:09am
Quoting Curren
{quote} UK did not share the common currency with Euro Zone in the first place , its relationship in the Euro Zone community was mainly for trade agreement , apparently , the whole fuss is around the potential cost and benefits of sharing the budget with Euro is speculated to outpace the trade benefit and GDP contribution and that's where the politicians played their gamble .. economically that does not make sense , UK should have integrated more with EU legislatively in order to benefit more from cross border trades ... Now with brexit , the cost...
nice explanation I understand what your saying. I personally don't think Brexit is bad there is good and bad for instance if the pound drops it is actually very helpful for some businesses that thrive off the tourism industry as foreign money goes further here so people want to spend more of it. Peace
Did Mike Jordan always make so much bank or Snoop Doggy roll so much dank?
  • #1,100,238
  • Mar 29, 2017 4:10am Mar 29, 2017 4:10am
Quoting Connors
{quote} Be gentle mate!
I'll be if my longs will not be stopped!
  • #1,100,239
  • Mar 29, 2017 4:11am Mar 29, 2017 4:11am
Quoting sakisf
{quote} Brits go cheap vacations and spend their money on cheap booze getting drunk and causing havoc. Now after brexit they 'll have to put more money down to travel due to weak pound so they 'll have to buy better drinks to make their vacations more meaningful and they will do less shit, i.e. more money to EU hotels/bars & less damages=stronger Euro.
I guess but that same drunk sunburnt Brit struggle to buy his tapas in Spain will also take it in when he gets back to his London memorabilia stall lol
Did Mike Jordan always make so much bank or Snoop Doggy roll so much dank?
  • #1,100,240
  • Edited 4:22am Mar 29, 2017 4:11am | Edited 4:22am
Quoting Tekkonkira
{quote} nice explanation I understand what your saying. I personally don't think Brexit is bad there is good and bad for instance if the pound drops it is actually very helpful for some businesses that thrive off the tourism industry as foreign money goes further here so people want to spend more of it. Peace
Ultimately it will all work out , as traders we are in the sweetest spot

the most important thing is that country who is sharing the common currency should not leave , UK always threatened to leave and expressed there dissasatisfaction for a long time . For instance if Le Pen insisted to leave Euro Zone I wouldn't be surprised that she will be taken down , she should shut her mouth and leave now ! It just doesn't make sense for her to gamble with France future and Euro Zone future

the way I see it , Brexit is good for both parties , I am expecting both EUR and GBP will spike up soon ...
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