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Grexit warning!
forex_trader_201100
Member Since Jul 25, 2014
177 posts
Jul 03, 2015 at 09:38
MightyMo posted:
I earned like 94% of equity from EURUSD because of Grexit. The last minute before the market closed on Friday, I opened SELL with very very high lot and very very tight stop loss and no TP. I knew EUR will go down with very large GAP. Then on Monday... BOOM! Very Big profit! Man.. I love that Monday! 😁
Congratulations. I feel I should make sure you understand you risked you whole account. Setting a stop loss made no difference, if the market had gapped up instead of down (was very possible) your stop would not have filled and you could have lost your whole account and more (you could have went into debt)
Member Since May 20, 2011
694 posts
Jul 03, 2015 at 14:48
(edited Jul 03, 2015 at 14:49)
MightyMo posted:the only one impressed here is your own ego. Maybe if you would posted before the fact your trade would have been impressive. But anyone can post their winners after the fact lol like cheap salesman. You don't see anyone going around posting who got the biggest loss! This Greece drama is nonsense, just a blip in the history of currency prices.
I earned like 94% of equity from EURUSD because of Grexit. The last minute before the market closed on Friday, I opened SELL with very very high lot and very very tight stop loss and no TP. I knew EUR will go down with very large GAP. Then on Monday... BOOM! Very Big profit! Man.. I love that Monday! 😁
Member Since Jul 03, 2015
1 posts
Jul 03, 2015 at 22:14
Dude, I made a similar mistake with GBP/INR on Scottish Referendum but paid a huge price....Slippage can wipe out your account as well...be careful
forex_trader_201100
Member Since Jul 25, 2014
177 posts
Jul 03, 2015 at 22:15
FXtrader2010 posted:MightyMo posted:the only one impressed here is your own ego. Maybe if you would posted before the fact your trade would have been impressive. But anyone can post their winners after the fact lol like cheap salesman. You don't see anyone going around posting who got the biggest loss! This Greece drama is nonsense, just a blip in the history of currency prices.
I earned like 94% of equity from EURUSD because of Grexit. The last minute before the market closed on Friday, I opened SELL with very very high lot and very very tight stop loss and no TP. I knew EUR will go down with very large GAP. Then on Monday... BOOM! Very Big profit! Man.. I love that Monday! 😁
I wonder if is betting red or black this weekend?
Member Since Feb 22, 2011
4573 posts
Jul 09, 2015 at 21:14
The resolution of greece drama takes way too long. Let them leave for Christ sake or let them get another debt. But stop talking and do something.
Member Since May 20, 2011
694 posts
Jul 09, 2015 at 21:28
whatever it is, will be positive for EURUSD
Jul 10, 2015 at 00:46
(edited Jul 10, 2015 at 01:09)
@togr
Careful what you hope for mate. Some of the possible outcomes is the end of NATO and Russian involvement in Europe. Central banks going to want to try maintain their failing financial system in the face of new competition.
It can get very ugly, as in WW III ugly, very quickly.
Whatever happens in Greece is also the template for the rest of the western hemisphere.
This whole thing scares the heck out of me. I've started planting food. And brushed up on Bitcoin. It's not about Greece, it's about what follows Greece.
Careful what you hope for mate. Some of the possible outcomes is the end of NATO and Russian involvement in Europe. Central banks going to want to try maintain their failing financial system in the face of new competition.
It can get very ugly, as in WW III ugly, very quickly.
Whatever happens in Greece is also the template for the rest of the western hemisphere.
This whole thing scares the heck out of me. I've started planting food. And brushed up on Bitcoin. It's not about Greece, it's about what follows Greece.
forex_trader_186239
Member Since Apr 15, 2014
224 posts
Jul 10, 2015 at 08:42
Be patient and keep tight SLs ! No emotions.
Member Since Feb 22, 2011
4573 posts
Jul 10, 2015 at 14:25
theHand posted:
@togr
Careful what you hope for mate. Some of the possible outcomes is the end of NATO and Russian involvement in Europe. Central banks going to want to try maintain their failing financial system in the face of new competition.
It can get very ugly, as in WW III ugly, very quickly.
Whatever happens in Greece is also the template for the rest of the western hemisphere.
This whole thing scares the heck out of me. I've started planting food. And brushed up on Bitcoin. It's not about Greece, it's about what follows Greece.
Well that's more of political than economical view,
Anyway real threat to Europe are illegal immigrants
Jul 10, 2015 at 14:33
Tell that to the people of Greece mate. The two goes hand in hand.
The biggest threat is not immigrants. It's a couple of old men trying to hang onto a failing banking empire. They will start world war III to do so.
Immigrants don't have nukes.
The biggest threat is not immigrants. It's a couple of old men trying to hang onto a failing banking empire. They will start world war III to do so.
Immigrants don't have nukes.
Member Since Feb 22, 2011
4573 posts
Jul 10, 2015 at 14:42
theHand posted:
Tell that to the people of Greece mate. The two goes hand in hand.
The biggest threat is not immigrants. It's a couple of old men trying to hang onto a failing banking empire. They will start world war III to do so.
Immigrants don't have nukes.
The only nation who use nuke on civilian was USA
I don't think anyone is so crazy to use them again
Jul 10, 2015 at 15:02
(edited Jul 10, 2015 at 15:03)
Unfortunately you're wrong.
Both Russia and US have already stated they will use nukes offensively. US drew up plans, Russia responded in kind. This is of course very different to the cold war era stance of MAD where the plan was only to fire once the other's missiles were in the air.
Now remember, the same people who own the banks, own the military industrial complex and the media. And they have caves (read bunkers) to hide in. They don't give a shit about us. It will be them who determine what happens here.
As we speak NATO is deploying heavy equipment on Russian borders.
But Russia is useless without China, just as US is without Europe. And China is crashing. Might see a revolution there soon, or might see the end of NATO as Europe rushes to the new banking system. Both would greatly reduce the risk of a war.
But at the end of the day, that is what all this is about. That banking system and the dollar as world reserve currency. US will not give those up without a fight and a fight is WW III.
Both Russia and US have already stated they will use nukes offensively. US drew up plans, Russia responded in kind. This is of course very different to the cold war era stance of MAD where the plan was only to fire once the other's missiles were in the air.
Now remember, the same people who own the banks, own the military industrial complex and the media. And they have caves (read bunkers) to hide in. They don't give a shit about us. It will be them who determine what happens here.
As we speak NATO is deploying heavy equipment on Russian borders.
But Russia is useless without China, just as US is without Europe. And China is crashing. Might see a revolution there soon, or might see the end of NATO as Europe rushes to the new banking system. Both would greatly reduce the risk of a war.
But at the end of the day, that is what all this is about. That banking system and the dollar as world reserve currency. US will not give those up without a fight and a fight is WW III.
Member Since Feb 22, 2011
4573 posts
Jul 10, 2015 at 15:14
Well I respect your right to believe in such theories but this topic is about Greece drama impact on Eur so pls don't share such theories here
Jul 10, 2015 at 15:19
Pull an ostrich if you want. Worry about one of the smallest economies in Europe.
But take note that it's not about Europe or Greece. It's about the world, Greece is just the first domino to fall. Rest of Europe, US and even China by the looks of it is right behind it.
But take note that it's not about Europe or Greece. It's about the world, Greece is just the first domino to fall. Rest of Europe, US and even China by the looks of it is right behind it.
Jul 10, 2015 at 15:22
Might want to read this: http://www.zerohedge.com/news/2015-05-11/war-threat-rises-economy-declines-warns-paul-craig-roberts
Member Since Feb 22, 2011
4573 posts
Jul 10, 2015 at 15:37
Don't know what's ostrich but I block you
Member Since Feb 22, 2011
4573 posts
Jul 16, 2015 at 22:40
Kvantfx posted:
Well, come to greek senses at last, thanks to them this profit. I went away on vacation until the beginning of August. :)
Well Grexit did not happen but eur is falling anyway...
Member Since Oct 02, 2014
905 posts
Jul 17, 2015 at 14:18
togr posted:Kvantfx posted:
Well, come to greek senses at last, thanks to them this profit. I went away on vacation until the beginning of August. :)
Well Grexit did not happen but eur is falling anyway...
Different factors play a role here. Not the news, but how people perceive the news.
Positivity
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