Oh come on, they are not going to make it this easy are they?

Long off the support? I hate when its too obvious, but then we are so many shorts in here, any squeezing will send us up again..

bah, over thinking it, Ill just sit back and see what it does next.

H1

Waited to long to entry then made a too tight TP.

But 20 are 20 pips.

Quote:

Originally Posted by StockJock-e 

Oh come on, they are not going to make it this easy are they?

 

 

Long off the support? I hate when its too obvious, but then we are so many shorts in here, any squeezing will send us up again..

 

bah, over thinking it, Ill just sit back and see what it does next.

might you post the same chart again now ?

Quote:

Originally Posted by StockJock-e 

 

bah, over thinking it, Ill just sit back and see what it does next.

Yeah, I'm sitting on hands until things are clear. Things look messy across the board, except for maybe some crosses and exotics I don't pay attention to. However, the USD index gapped up over a supply trend line and has consolidated above it, but it's not doing shit at the moment. 

yep same here... best thing you can do with forex is SOH until you find a direction.

Personally.. im waiting until after the elections.

I dont like to make such predictions, but.. in this case.. (Hellas )

I think the 'historical' elections in Greece will not change so much.

Things can happen:

Nea Demokratia wins absolute

no new bailout negotiations, nothing changes.

Siritza wins, what i doubt,

some negotiations, 10 or 20 bil. € would be remitted, regrouped to Bonds, Pinks or dont know..

to something that can procrastinate it.. pensioners will receive 10 € more and some of the

medical or education cuts will be revoked. All sides won, lets continue the nightmare..

or a coalition..

the same think but weaker..

At all events, nice boost for the € at Monday.

The whole week around 1.26. What a wonder..

Oanda suspended trading on Sunday. (Y2K, FB hype in my opinion)

For gamblers, take 500 $ and go long on € at Sunday. Even with spread 20.

At a broker that allows it.

And, whats the omnipresent hype forgets to say, its not about € or no €.

Its only about two parties, nothing more. Even if Siritza wins, without a coalition pressure

i highly doubt they will exit the €. With Nea Demokratia, no chance.

AND even if Siritza wins 100 %,

and bailout the bailout

it has to  pas month's till the € exit.

I hope its clear for every body that a currency exit is not a 2 weeks thing.

And it this time so much things can happen. Spain or Italy can happen

or or and, a EU made law

'that allows the infected Countries to...'

and the exit is obsolete, and so on..

That got longer than i thought..

European football EM.

Few hours ago. My smal Town.. Greece vs Russia. 1:0

Very very surprising. And big party. It was about further or go home..

Minutes after the mother of all battles ended.

 Greece won, elections at Sunday and a nice Week in front of us..

go Forex, go..

http://www.bloomberg.com/news/2012-06-17/euro-rises-after-pro-bailout-parties-seen-winning-in-greece.html

haha knew they would stay... time to postpone until Sept :)  or 1Q of 2013.. will be determined..

Well see how the market reacts, if its sell the news or establish long positions for the next move higher.

well no one thought June did they

BUT I just didnt see everything required for capitulation leading into the last 2 weeks. Ya alot of ECB IMF yapping and posturing but not everything..

Granted this is the last chance.

Quote:

Originally Posted by Jamesw 

 

Yeah... Pretty anticlimactic.  If I hadn't been paying attention to the news I probably wouldn't have even known anything was going on. LOL Kinds reinforces my theory that you can trade 100% technically and ignore fundies/news/etc.

wow, what happened with €.

One day off from trading and..

Have to short it from here. Gamble,  but have to..

nm

What a cool H1 chart pattern.

Quote:

Originally Posted by Z-OldEurope 

What a cool H1 chart pattern.

 

What indicator is that circle thing? Some sort of gann spiral?

Yep, exactly called Fibonacci Spiral of Death.

And thats how i should(a) trade it..

D1.

..