So that's it, Greece PM resigns, no more referendum, EU bails Greece out. 1.382 holds so far.

EurAnalysis

Apparently the Greek PM may withdraw his referendum, then what? Bend over for the EZ? Things are getting interesting and price is ranging too.

EurAnalysis

1.39 too high IMO, I'll start shorting @ around 1.380/85. What'd you think about Greece leaving EU? That would boost Euro majorly isn't it? Greece will be in a dump for several decades or so paying back all debt to the EZ though.

EurAnalysis

That's a tad early, you probably got stopped out already right. I reckon E/U is on its leg up again.

EurAnalysis

I shorted again @ 1.3715. Where did you short?

EurAnalysis

Not really, the number of trades died to under 30/min for the last 30 mins over here so I'd venture to say nothing's interesting is going on right now.

EurAnalysis

I am so tempted to add more short position but will wait and see now. Volume died down from 400-500 trades/min to 200 right now.

EurAnalysis

Thanks for the advice, I burnt myself badly before with over leveraging so now I'm learning how to use small lot size and averaging in, it's working so far. Still lots to learn, lots to explore and really appreciate all the advices and comments I ...

EurAnalysis

This is @ me right? Thanks, I reckon I lost quite a bit on the commission (around 0.7 pip per trade) so I gather I should open and hold instead of changing all the time. I guess if it works then I shouldn't complain. I don't have much of a style ...

EurAnalysis

Well 1.365 is dead, 1.37 ret is nowhere to be found so I'll hop on board again @ 1.366 maybe? I think E/U is pretty much dead on the water now. Huge amount of orders over here.

EurAnalysis

My chart for reference, I don't see the rev. sign at all, can you point out? Have just take profit, will short again @ 1.37.

EurAnalysis

In your opinion, what's preferable? Holding a position over a long period or jumping in and out catching the waves? I think my habit of closing/opening multiple ones is not very good and I should change. Anyways, 1.3675 broken and we're down once ...

EurAnalysis

E/U is on life support now. Let's see if 1.365 can be broken anytime soon.

EurAnalysis

I was shorting around 1.7 and the retracement had me worried there. I'm going to bail them out and wait for further testing of 1.7. If my equity is up to scratch I'll probably leave it running but for now let's not gamble.

EurAnalysis

Cool, thanks for the commentaries. So the Greeks now actually have the balls to say no to the haircut? Can they even do that, if they don't accept it then basically they'll have to go default on the debt right?

EurAnalysis

E/U is tanking hard right now, 1.368 low here. Any special reasons/news? I'd say it's gonna stabilize around 1.65 and then limp around a bit/retrace.

EurAnalysis

What do you guys think about multicharts? Do the fx charts have spikes etc.. too? I'm fed up with the stock java based charting software already and looking for alternatives, I don't want to run some demo mt4 acc for charting anymore. Also, do ...

LMAX = revolution?!?

I'm about to tear my hair out. E/U has been ranging for the whole day after being pushed to 1.4. The big guys are out in full force it seems, the market is just too weird today.

EurAnalysis

Man fading the U/J takes quite some hard work. I'm back to my fav E/U. See you guys @ next intervention (if it happens).

USD/JPY Discussion

@Freemen: are you sure it's your broker, not BOJ?

USD/JPY Discussion