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Vermillion replied Feb 10, 2015I'm currently staying on the sidelines and waiting for a better price to short. Honestly, what with the tit-for-tat verbal spats between EU and Greece, I just can't place a position right now with confidence. Waiting for a spike up to short. Is ...
EURUSD
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Vermillion replied Feb 10, 2015Yeah, I see it. Do you think this bounce to 180.80 is a sign to head back higher? Or is it a last minute peak before falling down below? Because for the love of me, I can't tell. 180.80 is around the 23.6 retracement as well, so it already touched ...
Geppy's Geppy Thread (GBP/JPY)
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Vermillion commented Feb 10, 2015The specific issue seems to be a forced loan that the Nazis forced the Greeks to loan out to the Third Reich (Nazi Germany wanted War funds), which were negotiated to be at 0% and not paid to this day. And while the brutality of Nazi occupation of ...
Germany rejects Greek claim for World War Two reparations
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Vermillion replied Feb 9, 2015I just realized that I'm on your ignore list. Huh. Never noticed it, since I was able to keep chatting with you. Did I do something wrong? Don't recall doing anything.
EURUSD
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Vermillion replied Feb 9, 2015We've been back at around the same price as 14 hours ago. Nothing new to see here people; move along. The 179.80 just doesn't want to be printed.

Update: Nearly 18 hours, and we till haven't moved out of this range.Dragon Riders GBP/JPY
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Vermillion replied Feb 9, 2015??? Where'd the other short term points you put in previously (ex: 179.90/70) go?
Dragon Riders GBP/JPY
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Vermillion replied Feb 9, 2015Nice cloud charts Ata. I see it as well in my ichimoku. Still waiting for the drop to occur soon or by end of Tokyo session; my indicators are leaning more and more towards testing 179.80. Still, this does beg the question: Given that this week is ...
Dragon Riders GBP/JPY
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Vermillion commented Feb 9, 2015Naw. The SNB did the right thing by leaving prior to the ECB announcement of their 1.2 trillion QE. If they stayed longer, the Swiss finances would've been going down with the Eurozone. Honestly, what WAS misleading was how they were trying to keep ...
Saxo Bank takes hard line on customers' FX losses
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Vermillion replied Feb 9, 2015Well Ally, you might get a chance to play that range soon. We've finally broken through 180.50 again (though it's been 12 hours since we've initially done so). Hope you have your limit orders in place. I know I just placed mine. Note: I wonder if ...
Dragon Riders GBP/JPY
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Vermillion commented Feb 9, 2015This is essentially a game of Chicken: The Syriza wants to remain in its newfound power by at least attemptign to live up to some promises they gave to the Greeks (ex: higher wages), as well as saving their nation from financial ruin. The thing is, ...
Schaeuble Says Nobody Forcing Greece to Have Aid Program
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Vermillion replied Feb 9, 2015Nice hanging man on 15min. Too bad we need to break 180.50 for further signs to short. FX-Ray's 180.70 decision point seems to be a point of contention.
Dragon Riders GBP/JPY
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Vermillion replied Feb 9, 2015Well, we've got a bounce back up to 181/180.80. That's halfway from the recent drop. Huh. Thought it would go lower, but let's see how it plays out. Update: My take is that if we bounce back up 180.60/50, we'll see a retest of 181/180.80. Still ,if ...
Dragon Riders GBP/JPY
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Vermillion replied Feb 9, 2015I understand how they'd work overall, but in short instances of a very volatile situation (ex: let's say another event similar to the SNB price floor happen,s or the dreaded Grexit finally occurs). Do the DPs work as well in those turbulent ...
Dragon Riders GBP/JPY
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Vermillion replied Feb 9, 2015...Dunno whether to be happy or sad. My short got SLed because my broker's system accidentally charged me ONE HUNDRED times the normal commission ($375)). The broker refunded the entire amount and added a bit extra (~45% of my potential profit), but ...
Dragon Riders GBP/JPY
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Vermillion commented Feb 8, 2015*facepalm* I don't disagree with the notion that power plays have been made to keep the U.S. on top via war on terror, the petrodollar system with OPEC, and the propaganda warfare for freedom (proposed and adopted by the U.S. since the mid 1900s ...
The US returns as top dog in global economy
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Vermillion commented Feb 8, 2015My advice: Ignore these RSI indicators for the weekly/monthly trend, unless you want to just play it safe because you either have a lot of funds or no funds at all. Just trade the trend and watch key support/resistances; you'll make far more money ...
GBP/JPY Trying to Develop a Trend from a Price Bottom
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Vermillion replied Feb 8, 2015Broke even on short. Waiting for clear signal to short. I don't think there's much to scalp longs here for the moment. Update: If we reach 181.80~50, I'll add a short. If we penetrate 181 the same applies. I'll opt to not long for the moment. All ...
Dragon Riders GBP/JPY
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Vermillion replied Feb 8, 2015i'm leaning 60:40 in favor of you being stopped out (corrections are just more likely than further movement up, since this is a good stop for MM to cash in profits a bit before moving up). But, your SL is tight, and your R:R is more than acceptable. ...
Dragon Riders GBP/JPY
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Vermillion replied Feb 8, 2015I expect corrections in the USD and GBP this week, with a rally for JPY. USD is bullish, but my my current sentiment is to wait for a better opportunity to load longs. If 180 fails to hold, we'll probably move down. We've tried testing it before ...
Dragon Riders GBP/JPY
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Vermillion replied Feb 6, 2015Hey, it's been a while since I've seen you away from the eur/usd and back on the gbp/jpy. I'm guessing the euro market is a bit dull at the moment?
Dragon Riders GBP/JPY