[Archive!] FOREX - Trends, Forecasts & Consequences (Episode 12: February 2012) - page 60

 
strangerr:


What do we have now? The level with the most trades of the last(this) week is 1.3170. It was attacked twice today, the last time we approached it with tick or synthetic volume increase (let's call it that way so it does not cut an ear of specialists))), and rolled back with decrease. Conclusion - we are waiting for him to storm:

We have been at this level before in this kind of flat, I think I lost 22 grand there once
 
strangerr:


What do we have now? The level with the most trades of the last(this) week is 1.3170. It was attacked twice today, the last time we approached it with tick or synthetic volume increase (let's call it that way so it does not cut an ear of specialists))), and rolled back with decrease. Conclusion - we are waiting for him to storm:

Now that's constructive, thanks Stranger! I thought you were just kidding!))
 
To pass the level quickly we need good news either all debtors will default at once or China will demand a full settlement))))))))))))
 

http://fxtrade.oanda.com/lang/ru/analysis/forex-order-book#EUR/USD

At 1.3170 a lot of bays will come out on the plus side, Uncle Kolya hasn't domosoled them yet.

 
Tantrik:
Not his screenshot (I think I read a lot of threads about Gunn on the spider) - just like Stranger says - on pullbacks the shares are in the +, and he made the charts himself - everyone traded from the tape and from the scoreboard!

The commodity market in which grandfather grazed is very slow compared to the fora, you can think about your actions more than once, but at all times

the market is driven by people who do not know that it is their doing (or rather money). A businessman moving large sums of money, the exchange rate

The businessman considers the exchange rate as a secondary factor, time is a priority for him. Debts must be paid regardless of the exchange rate. And not paying it back creates

a lot of traffic. Therefore, the law of the crowd will not cancel.

 

I have an EA on EURUSD now in Sell. The newsletter has been disabled due to technical problems, so subscribers will never know about the sales now.

Damn, I have found a mistake in my code. More precisely, it is not my error but my brokerage company's one. In MarketInfo() server says that we may open positions with two decimal places. But in fact, it may open with two decimal places only if the lot size is larger than 0.1, for example, 0.11 may be opened and 0.09 is not allowed. That's the kind of bullshit. Because of this the mailing list has been flooded with e-mails. I had to temporarily turn off the mailing.

 
Salavatka:
Now that's constructive, thanks Stroehner! And I thought you were only joking!))


So Margaret and I are discussing something, and with Mobilich, he's a sell, I'm a buy)))

 
What are they saying? We won't find out the best part ))))))))
 
strangerr:


So Margaret and I are discussing something, but with Mobilich, he's a sell, I'm a buy)))


I'm in the bai too, I'll be hanging on till morning ))))
 

I thought no one was interested anymore...

Greece's negotiations with its private creditors continue. On 31 January the country's Prime Minister Lucas Padademos said that the country would make every effort to ensure that the negotiation process ends this week.

Bloomberg news agency reports that there is talk that Athens has managed to persuade bondholders to lower the coupon on 30-dollar bonds from 4.25% to 3.6%.

Despite all fears about the future of the Eurozone, hopes that an agreement between Greece and its creditors will soon be reached have helped the Euro to strengthen in recent days. At the same time, most experts say that once a deal has been reached, it will be necessary to sell the Euro.

Many market participants are already tired of the protracted negotiation process. Analysts at BMO Capital say that Greek negotiations could continue in March when Greece has to repay a large amount of debt.

Specialists are also very concerned about the fate of Portugal. The yield on the country's 10-year bonds is above 15% after peaking at 17.4% on Monday. According to the BMO, it is necessary to sell EUR/USD at

$1.3185, putting stops at $1.3285 and targeting $1.2885. Investors who want to wait for a potential rise in the euro on news of a deal can adjust this recommendation, keeping the same target-to-stop ratio (3:1), the bank said.

The Bank of New York Mellon believes that the success of the Greek deal is already factored into the euro exchange rate, so there won't be a significant rise on the news. In Westpac continue to expect restoration of euro to level $1.3400, on which, from their point of view, it should open short positions.

Reason: