Thread: EUR/USD Before Greekss Vote - Do You Stay In The Market? B/S

I am always 10-20pips M1-M5 scalping trader.... So, NO holding posture over week or perhaps days

What's going to occur with the worth of the Euro if Greece votes NO and the government makes the decision to leave the euro?
Probably the first thing that will occur is that the euro dropps into a degree around 1$ per 1? .
But this is not a realistic value of the Euro because the eurozone will be a stronger market without Greece.
So likely after everything is settled and Greece has returned the Drachme the value of the Euro will begin rising.

Originally Posted by ;

What will happen with the value of the Euro if Greece votes NO and the government decides to leave the euro? Possibly is the euro dropps to some degree around 1$ per 1. However, this is not a value of the Euro since the eurozone will be a stronger market without Greece. So likely after everything is settled and the Drachme has been returned by Greece the value of the Euro will begin rising.

That much decreasing!!! Unbelievable!!!

Lolzz that will be 5000 pips drops... better place sell trade will probably be Billionaire within weeks

Originally Posted by ;

quote That much falling!!! Unbelievable!!! Lolzz that will be 5000 pips drops... better place sell trade is going to probably be Billionaire within weeks

which will be 1000 pips drop not 5000 pips. It is going to not happen in 1 day however in a few weeks when there is a lot of uncertainty following the Greece voting.

While it's possible that eur will return after receptive, if there is a gap, it is most likely up to either 1.13, 1.143, 1.147 . .

I had been bearish before but it seems like market makers may have gone on the long side so gap down is unlikely - if after open there is just a retracement down or aggressive down trend, that is hard to say. I believe we could see a push to 1.5 to check whether there is bears still around.

hmm i buy. . .maybe I test the resistance

It gon t be enjoyable tomorrow!

Dont be greedy men and women, Thats a fall. in profits

Originally Posted by ;

What will happen with all the value of the Euro when Greece votes NO and the government decides to leave the euro? The first thing that will happen is that the euro dropps to a level around 1$ each 1. But this is not a realistic value of the Euro since the eurozone is going to be a stronger market without Greece. So the Drachme has been returned by Greece and after all is settled the value of the Euro will begin rising.

Seems if a no vote Greece is going to have no choice but to leave the Euro
EU informs Greeks they can't use the euro after a 'No' http://www.telegraph.co.uk/finance/e...ults-live.html

I put two orders before Friday closed. . .buy and sell. I will take profit with whatever comes. And hope to get a change. If revers (final gap) will not come anytime soon a week (because of striking outcome). I will trade. I will lose just spread between these two orders.