Will EURUSD gap down when it opens tonight?

ChocolateDigestive

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with Greek coalition talks in deadlock, Merkel getting a ropey regional poll result and the Belgian central banker coming out and saying Greece may leave Euro what do people think?

It gapped down after last weekend.

My money is on it gapping down with an opening price of below the 1.29 handle. Last week we saw it retrace but it didnt manage to close the gap and went south again.

This could be a vey interesting week for the euro pairs.

I smell opportunity.

ChocD
 
Well, it is gapping up according to my oanda feed. So your scientific analysis needs an artistic infusion :).
 
I reckon it's on its way to 1.2, but I'm far too chicken to leave a trade open over the weekend, because I've been thinking the same for months.
 
The first big red bar at the bottom is the opening. I reckon EUR/USD reached the bottom here:

136372d1336937039-will-eurusd-gap-down-when-opens-tonight-eur.jpg
 

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I think it will gap down for most of the reasons the OP states. But I think that if Greece leaves the euro it ought to go up - the stronger countries will remain.
 
Small gap down. Was looking for more. I'm getting less comfortable shorting this.
 
And you hold it BJ at +50 get your stop to +20 and hold it down to 1.21. Pyramid on the way down if you got the balls.:clap:

Am beginner. Why would you need balls ? Stop is all you need, no ? What I am afraid is it will shoot up to knock out the shorts before going down.
 
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