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EURUSD M6E/6E Euro


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EURUSD M6E/6E Euro

  #1561 (permalink)
Ali Huzaifa
Mumbai+India
 
Posts: 35 since May 2012
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profitable good week

soon u will see me in top 10, just keep a watch and wish me luckkkkkkkkkkkkkkkkkkkkkkkkk

thankyou alllllll

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  #1562 (permalink)
Indiana
Berkshire, England
 
Posts: 4 since Jun 2012
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I've been getting lots of warnings from brokers to stay out of positions over the weekend because of the Greek vote.

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  #1563 (permalink)
Ali Huzaifa
Mumbai+India
 
Posts: 35 since May 2012
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Indiana View Post
I've been getting lots of warnings from brokers to stay out of positions over the weekend because of the Greek vote.

yeah that is true do not remain in market with heavy position, I have plans to remain long on Euro but with very small position.



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  #1564 (permalink)
Ali Huzaifa
Mumbai+India
 
Posts: 35 since May 2012
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this thread is slow, is there any other euro thread on this forum which is more active?

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  #1565 (permalink)
 
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 Surly 
denver, colorado
 
Experience: Intermediate
Platform: NT
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Big Mike View Post
Question of the day:

Is the Greece Sunday vote already priced in? (negative reaction)

Mike

I think a couple other questions are worth considering as well especially for down the road a couple weeks - Assuming a new Greek gov't takes Greece off the ECB-imposed austerity programs, would this be enough to kick Greece out of the Euro (remember, Greece won't leave the euro - but they could be kicked out). And a follow up to this: Would a Greece exit from the Euro be negative or positive for the Euro as a currency? All of these alternate views/possibilities make trading the technicals that much more appealing.

Greece's economy is around 2-3% of the eurozone in terms of gdp/output so whether they stay in or out has very little effect on the eurozone in an absolute sense - but a huge effect on emotions, confidence, etc. Again - this favors trading the technicals without trying to understand/interpret the fundamentals.

Of course another possibility is that the Greek elections are split and then a coalition gov't has to form and nothing happens for another 2-3 weeks.... and then everyone who gambled on the outcome of the elections gets taken out to the shed and smacked around (meaning there is a lot of churn around current values).

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  #1566 (permalink)
 eminitrdr 
Marietta, Oh USA
 
Experience: Intermediate
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Trading: Euro
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Does anyone have TradeStation and the TTM Squeeze? If so, could you please post a screenshot of the hourly chart. It would be much appreciated. I have a conflict between my Ninja and TOS hourly squeezes. I'm thinking my TOS is not accurate. Just curious what the TradeStation TTM shows.

Thanks,
emini

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  #1567 (permalink)
 
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 kbit 
Aurora, Il USA
 
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eminitrdr View Post
Does anyone have TradeStation and the TTM Squeeze? If so, could you please post a screenshot of the hourly chart. It would be much appreciated. I have a conflict between my Ninja and TOS hourly squeezes. I'm thinking my TOS is not accurate. Just curious what the TradeStation TTM shows.

Thanks,
emini

I looked on the TS forums and found a BB squeeze thing, close as I could find....I don't know if that helps


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  #1568 (permalink)
 researcher247 
Chicago, IL
 
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researcher247 View Post
------------
Good ticks accumulating thus far,

If we near 1.28 on Friday or Sunday beginning on the open @/near 5pm est I will then take profits (66%) and wait for another pullback--perhaps quite deep after Sunday night; then yet again move powerfully to the upside beginning after 10am est on Wed. June 20th...

This is how I trade a monthly cycle low; I am in on moderate and deep pullbacks within an established uptrend AFTER I have confirmed the bottom (that is still holding). I am out majority 2/3rd's on impulsive upmoves to NEW highs. Then I work my way back to 100% allocation on said moderate and deep pullbacks.

On a trade that I put on (since I am trading more than 3 contracts) I go in 10 (16.5% of total position)/20 (33% of total position)/10 (16.5% of total position).

5 for the 'moderate' pullback zone I 'expect' will reverse. If I am a bit early I then put on 10 within the deeper pullback. When we have cleared my entry zone that I put 5 on; I add my final 5 on confirmation of the initial trade.

Recall, I have a MONTHLY cycle low for 6E (which means it has until the end of the month to confirm); it could continue up to 1.28'ish' and then have a volatile Sunday night through Tuesday {shaking out smaller retail players} then stabilize througout the rest of June, building strength for a MULTI-MONTH advance off of the Monthly Cycle Low.

That is how trading a 'monthly' cycle high/low works. Same with Weekly & Daily respectively (it is all fractal).

I look forward to the next 10 market days of volatility; the planets have built up some torque: time to release the hounds!!

peace

hedvig

----------------
Some TA charts...

peace

hedvig

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  #1569 (permalink)
 Eric j 
NY
 
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Looks like theres room for another 150 pips up until resistance on the weekly .

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  #1570 (permalink)
 Traderji 
Australia
 
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researcher247 View Post
----------------
Some TA charts...

peace

hedvig


@researcher247 Lots of buying opportunities for you I hope you are loading up heaps on the cheap Euro!

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