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- 388 Results (365 Replies, 23 Comments)
- scottik187 commented Jul 8, 2015
This may be a little simple of a explanation, but I see it like this. The money loaned to 'Greece' was actually used to unwind the debt positions of the various banks that held the Greek debt, not to the country itself. This debt was transferred to ...
It only took two days for everyone to realise that the Greek vote was totally pointless
- scottik187 replied Jun 4, 2015
Quite the week huh! Gotta love volatility, makes for better trading. I'm out until NFP, too choppy. Best of luck everyone.
EURUSD
- scottik187 commented Jun 3, 2015
Read an article yesterday that mentioned the "flash crash" and the Greek default threat being a cause. That was 5 years ago. The Greek debt crisis has been going for at least 5 years. Think about that.
Greece threatens to skip IMF payment; Tsipras set for EU talks
- scottik187 commented Jun 2, 2015
Rally ... sure. But this wasn't just a rally, it was severe reduction in liquidity after the stop run at 1.1070 and above ... when you see price go 20 pips in a second you know it's cause there's noone there to buy. Which brings me to a more ...
Dollar Flash-Crashes On Sudden EUR Spike Amid Carnage In Bunds
- scottik187 commented Jun 2, 2015
Pepperstone - yeah I tried to short there and it didn't let me. But sorted itself out pretty quick.
Dollar Flash-Crashes On Sudden EUR Spike Amid Carnage In Bunds
- scottik187 replied Jun 2, 2015
Well all my stops hit on my shorts and made a nice profit ... but man ... that's what you call a lack of liquidity. Pepperstone went "off quotes" there and everything.
EURUSD
- scottik187 commented Jun 2, 2015
That's what you call liquidity drying up. Got an "off quotes" message from my broker and everything.
Dollar Flash-Crashes On Sudden EUR Spike Amid Carnage In Bunds
- scottik187 replied Jun 1, 2015
Cool. Well, for me, I'm selling this pair on retraces ... so I was looking to sell at 1.092-30 and then again at 1.0990 areas. Happy to give it up above the weekly resistance at 1.1060 area. Why sell the retraces? Seems to be a bit of a split ...
How would YOU analyse this chart?
- scottik187 replied Jun 1, 2015
Everything you're saying here is great ... but I have a question regarding order flow and supply/demand. When you've got such an important week for the fundamentals, do you think these types of areas a vulnerable to significant change? You've got ...
Is anyone going long EURUSD and GBPUSD?
- scottik187 replied Jun 1, 2015
i don't think the EU and the US will allow Greece to do such a thing. I feel we will see a Greek deal this week.
EURUSD
- scottik187 replied Jun 1, 2015
Still short, still watching the EU consolidate below 1.10. Sitting on a healthy profit, will exit if it breaks weekly resistance around 1.1050 area. Good news for the dollar helped last night after a classic Monday (big move away from open only for ...
EURUSD
- scottik187 commented May 31, 2015
Agree, and it has been for a while. Watching it balloon here for a while now. My neighbors house sold for $1.1m this time last year, its a reasonably nice house in a nothing street in a nothing suburb. Average people paying over a million for ...
Australia’s Treasury Says Sydney is 'Unequivocally' In a Housing Bubble
- scottik187 replied May 31, 2015
Only trade with the trend. Define and manage your risk. Be aggressive with winners. Don't worry about indicators, just watch levels of S/R.
What are your most profitable rules in your trading plan?
- scottik187 replied May 31, 2015
I find it hard to comment on how I would read this chart, because reading a single 4hr chart and asking for comments misses the point of how the market works in general. Think bigger.
How would YOU analyse this chart?
- scottik187 replied May 31, 2015
Tokyo session, "Sunday" Liquidity. I tend to not pay much attention until London. In saying that, considering that we made it all the way up to 1.10 on Friday, and that's followed by this move on Monday morning ... that says weakness to me.
EURUSD