Eurusd is currently at 1.3193
take it and run at the first sign of a reversal which WILL happen
Will put sl on 3170 as soon as market opens
1.3183 currently, already started reversing
twitter, thats one way to get some feed, shukran nabil Im enjoying this thread, will look forward to read more from you guys
welll on this ****y day managed 30 up for now and a short open from 3269 now lock BE
Hey, have you noticed that we are all newbies??? I think we you should look for some old trader’s opinion.
By the way, in my opinion, the Greek situation is the same as Argentinian at 2001. They have 2 choices: one is to get off the EURO as soon as they can, the other is follow the idiots from the IMF and wait until people of the country bring down the goverment and torch all the goverment buildings.
Wait and see, my friends. It’s a deja vu from 2001 Argentina.
After months of haggling and heartache, the euro zone is finally set to push ahead with a new, enhanced rescue deal for Greece on Monday that will avert–at least for the present–the threat of a potentially catastrophic default.
Finance ministers from the 17 euro-zone countries are meeting in Brussels now, looking to sign off on a deal worth at least EUR130 billion ($170.87 billion) that will slash Greece’s debt burden and allow it to stay in the euro zone, albeit under a degree of external control and scrutiny never witnessed in Europe in modern times
news
some euro govts would accept greek debt 123-125%/GDP in 2020
ECB 3year loan has beed successful
imf sees greece returning to growth in 2014
ATHENS (Dow Jones)–Greece is in talks with private-sector creditors to increase their participation in a debt write-down plan, a crucial part of the country’s second bailout package, a Greek Finance Ministry official said Monday.
I kind of have a feeling its not going to happen, greeks will leave the euro
for some reason the news lately is more of a cover for something, they are stalling what really is happening to gain from behind this greece issue, one minutes its ok another minute there is a total opposite opinion!
Moody’s warns it may cut AAA-rating for UK and France
more bad sentiment
The pair is ranging in my charts… so now we have to wait the new that is going to make the break.
In the long run, Greek has only one exit: devaluation, and that exit also means exiting the EURO.
I’m holding a losing short position. Hope it is going to plummer
hope you can hold it till 2014 cause euro area aproved the help needed for greece…
Yes. But the pair is still ranging… Greek’s default is not avoidable.
good bearish market isn’t it :33:
or should we call it…bearish is retrace, and maintrend is bullish, no?
i still hold long at 1.26,1.27.1.28,1.29, 1.30
all long from 1.31 till 1.34 already closed
now for me, its better to wait very good entry to long again
the Main thing is you dont need to predict nothing …
you just trade what you see i dont hold positions longer waiting for greek to push the plunger, i dont go longs every 100pips mark cause euro is stable and some till some rating company, US company comes here and degrade some country euro will maintain is stable range…
so trade only the daily changes .
You are very patient to hold longs that much time! i wouldnt be able! thats why i prefer scalping, i still didnt find a nice strategy to scalp but i try my hardest to do so with price action and candle stick patterns avoiding major news when scalping and trading the news!
Good luck with those longs! i think you should close them at 1.35 as its a major support and could make it continue the long term bearish movement!
yeap, actually now the price in between 2 upper trendline and 1 recently breaked trendline.
as far as i know, EU sometime like to retest line…
1st upperline is rising trendline around 1.354x, 2nd upperline is declining trendline around 1.363x
and the lower declining trendline is 1.337x
and from some channel tools, looks like on above of the middle channel line now…
i will wait some good spot to short for few pips
id be careful for the downtrend to continue, you have a big ammount of pips in your hands, dont get too greedy!
got stopped green on long 1.30
but have some green short closed
waiting on the outside about continue or reverse, since near my support line 1.3137 and 1.3178