June 17th Greek Elections Will you be Flat the Euro?

Quote from ElectricSavant:

all the bucket shops over reacted and got everybody in a fizzy... I left my tests open over in the two grid threads...

But if I were live with real dollars...no way (but I wouldn't be trading grids either)

ES

Didn't know they all posted the same warning.

So, instead of Shock and Awe, we get the Brady Bunch.

Lesson: do not listen to anyone besides your charts.
 
Quote from eurojack:

This is a textbook example of trading vs gambling. In this particular situation only the inside traders (big swinging dicks) are going to TRADE the pair, everybody else are going to GAMBLE.

Which inside traders? The ones that can (could) predict the results of the election?
 
Quote from RCG Trader:

My strats are in mean reversion mode as well. I had to pay in all last week on negative carry.

I am selling the Kiwi, the aussie, the sterling, and the Euro and buying dollars across the board.

Anyways, it is good to talk to another experienced currency trader. Lift off is in just a few hours, good luck and good trading.:) :cool:

At what point do you blow out of this trade Ron? Where is your stop? This ain't looking so good.
 
Quote from Maverick74:

At what point do you blow out of this trade Ron? Where is your stop? This ain't looking so good.

Stop? He's never wrong. Don't believe me? Just ask him, he'll tell ya.

:)
 
Quote from Maverick74:

At what point do you blow out of this trade Ron? Where is your stop? This ain't looking so good.

Thank for you interest, I have taken the appropriate action for my trading strategy and am in no danger whatsoever.:)
 
Quote from RCG Trader:

Thank for you interest, I have taken the appropriate action for my trading strategy and am in no danger whatsoever.:)

So did you cover? I'm just curious. I'm not knocking you. We have confirmed monthly A ups across the board in the risk currencies.
 
Quote from Maverick74:

So did you cover? I'm just curious. I'm not knocking you. We have confirmed monthly A ups across the board in the risk currencies.

Covered most of my positions, still have a few open, but they of course can take an unlimited amount of heat relative to what the dollar is likely to do based on studies I have conducted.
 
Quote from RCG Trader:

Covered most of my positions, still have a few open, but they of course can take an unlimited amount of heat relative to what the dollar is likely to do based on studies I have conducted.

I didn't realize a currency could go negative... you're short these against the dollar, right?
 
Quote from RCG Trader:

Thank for you interest, I have taken the appropriate action for my trading strategy and am in no danger whatsoever.:)
my appropriate action was to average down on the short AUD and GBP

I'm still long CHF and JPY

man that JPY is a piece of shit
 
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