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Vermillion commented Feb 19, 2015China won't pay. Geographical location makes it unlikely that Greece will be able to pay in anything except financial means, and Greek finances are infamous for being faked (they cook the books) & riddled with defaults. I doubt China would like to ...
Germany rejects Greek extension proposal, govt official says
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Vermillion replied Feb 19, 2015Filled half my shorts at 184. The other half were supposed to be at 184.150.....and didn't get triggered. Meh. I can still work with half a short.
Dragon Riders GBP/JPY
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Vermillion replied Feb 19, 2015Not too worried about Greece right now; the ECB minutes meeting from January could have a whiplash big enough to hit my SL. And the thing is, I'm not willing to extend my stop loss since the euro is in a bit of contentious point-if the news today ...
Dragon Riders GBP/JPY
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Vermillion replied Feb 19, 2015No, more like euro bulls are gearing up, which is causing other pairs to fall. Compare usd/jpy with eur/usd. It'll save you a lot of time on analysis for right now.
USD/JPY Discussion
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Vermillion replied Feb 19, 2015Mpt, there's a surprisingly simple answer: jut look at eur/usd, and compare its recent price movements with that of the gbp/jpy.
Dragon Riders GBP/JPY
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Vermillion replied Feb 19, 2015For people who are wondering why Fxtyrant doesn't care whether the eur/usd goes, up, just look at his demo;specifically his account size, leverage, and trade size. He can still shortsell in terms of entire lots even if the price goes up to 1.16, ...
EURUSD
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Vermillion replied Feb 19, 2015Good luck. It's all up to the euro right now; gbpjpy is right now a larger extension of the eur/usd. The ECB monetary policy meeting accounts & updates about Greece will likely drive the prices. Best get prepared around 3 hours from now, when euro ...
Dragon Riders GBP/JPY
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Vermillion replied Feb 19, 2015I wouldn't put too much faith into it. Another breaking news says that ECB denied discussing capital control. url I'd say just sit back and let the fireworks fly.
EURUSD
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Vermillion replied Feb 19, 2015Got a short a bit higher than before (183.261) after being stopped out. TP are the same as before, SL is subject to manual closing. Let's try round 2 of shorting. On a side note, eur/usd is now once again above 1.1420 and is attempting to head ...
Dragon Riders GBP/JPY
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Vermillion replied Feb 19, 2015I don't know if that sentence was done on purpose or not, but one of the gbp/jpy's nickname is "the beast".
Currently looking for a potential short for this pair.Dragon Riders GBP/JPY
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Vermillion replied Feb 19, 2015Considering another round of shorts. I have a sell limit at 183.40 if we touch 183.20 again
Dragon Riders GBP/JPY
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Vermillion replied Feb 18, 2015gbp/jpy and usd/jpy below their intraday supports, and usd/jpy is at a key area before it goes back down to the next support. And generally speaking, the yen pairs move in inverse direction of the eur/usd, so there's a decent indicator. Given that ...
EURUSD
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Vermillion replied Feb 18, 2015usd/jpy and gbp/jpy looking like they want to head lower. If they don't get above the intraday support (in the past few hours), I expect a retest of 182.50, which is the next fib support. There's also room for eur/usd to move up to 1.1450, so I'm ...
Dragon Riders GBP/JPY
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Vermillion replied Feb 18, 2015It'll boil down to 184 again for major price to note. Could be a last minute test of current high before dipping below, or the final stop before breaking to around 185 and beyond. Of course, we still need to break 183.40 right now. Just let ...
Dragon Riders GBP/JPY
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Vermillion replied Feb 18, 2015Pretty much my strategy in a nutshell. funny thing though; Powell didn't really say anything much, but it was enough to send markets to another round of limbo. I've given up looking at charts right now; It'll probably happen an hour or two later ...
Dragon Riders GBP/JPY
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Vermillion replied Feb 18, 2015Didn't think it'd get triggered, but I came back from a late lunch to see 183.18 long got triggered. Initial target is 183.50/40. Probably going to hold it until the end of NY session, since too much downside is unlikely. If we do break 183, I'll ...
Dragon Riders GBP/JPY
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Vermillion replied Feb 18, 2015So you think FOMC will outweigh the positive UK data that much today? Don't think it'll continue to plummet without bouncing at the supports.
Dragon Riders GBP/JPY
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Vermillion replied Feb 18, 2015You stuck to your shorts through the entire GBP data news? Hats of to you on your perseverance-it might just pay off.
Dragon Riders GBP/JPY
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Vermillion replied Feb 18, 2015Might see that on the 15min candlestick. Probably room to scalp a few pips on a long at least from 183.50/40, but it'll have to be quick.
Dragon Riders GBP/JPY