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  •  Guest
  • | IP XX.XXX.121.190
cool, short EUR
  •  Guest
  • | IP XXX.XXX.241.176
what does it mean? You take the money and come back again after few months?
It's about time...
long or short?
So what's the big deal...they have to work on it..... but from market reaction it seems like they got their bailout package... crazy market...
It's time!
Nothing more than another fake roumour to keep EUR up or some idiots to close their buy positions with profit before it falls deeper!, but once it starts to fall below 1.3012...there is no bottom...
Well hang in there. March almost here the truth will be reveal.
  •  Guest
  • | IP XXX.XXX.241.176
So whats up with Bernanke today?
Is he long or short?
let this rumour break 1.32 handle please. if not the boring will continue up to the time when we break blow 1.30.
  •  Guest
  • | IP XX.XX.32.253
is it true?
i think closing below 1.2970 it will stop only at 1.2350
but till then every short will be used to go up
get to 1.32 anyone? not sure whether to take profit at 1.318 or aim higher?
  •  Guest
  • | IP XXX.XX.219.129
what direction is eur/usd and usd/cad
it will come back down, take profits
final bailout document or default report? misinformation i think...
crazy EUR with rumors dominating the whole market. so hard to draw any lines about what gonna happen in next 3 or 4 hours EURUSD actions. More rumors? might leave the computer for the last of the day.
to err is human, to forgive divine.
  •  Guest
  • | IP XX.XX.32.253
how many more bail out's left
good selling opportunity
Okay i guess every man and his dog will go long now.
Time to short it then
COT: The precious data ignored
ok, thanks, I'll arrange a nice looking pattern of TP orders.
Someone should nuke Greece and get it over with.
  •  Guest
  • | IP XX.XX.25.34
mongo speaks today so the market will sell the USD at the drop of a hat.
Spooky non the less as the fall in German industrial production is actualy meaningful. Just shows how much contempt the market has for the Fed.
short euro plz
this f+@#king "talking forex" is always creating false roumours you cannot see any kind of more information related to their headline,...not even a link that confirms any news they create!!
mild weakness on closing below 1.3100 on eod basis and true weakness below 1.2970
damn grercee!!!!!!!!!!!!!!!!!!!!!!!! burn atens!!
yesyes
Actually, Greece has a bigger fucking problem than this. Once all this bullshit is over with - who in the hell will lend to them going forward?
Quoting clockwork71
Someone should nuke Greece and get it over with.
Agree.... let me call someone to get it done ......
IMHO, it's still not closed yet.....why? Coz e greek parliament still need to approve it later today......there is a likelihood that they will reject it and all hell will break loose. I hope not.

To be honest I long at 1.3098 becos I saw news of a Chinabot acting as support, to get me some scalp. Who knows this damn "good news" 76 pips in 15mins, not bad, closed it at 1.3174 - a minor resistance!!!

We should see a test of 1.324/50 today!!! Damn crazy europe!!!! IF we do not see a test at 1.324/50 then euro has failed

Short covering is done, so now the upward journet NORTH!!!! Yippeeeee!!!!!

Rtrs: Greek govt drafting agreement to be put to political leaders for approval later today
Written by Jamie Coleman
February 7, 2012 at 13:33 GMT

EUR/USD spikes on the news.
sort or long?
what a irony calling this a bailout
niceee....80 pips for buying..goodbye selling
Quoting jonahky7
IMHO, it's still not closed yet.....why? Coz e greek parliament still need to approve it later today......there is a likelihood that they will reject it and all hell will break loose. I hope not.

To be honest I long at 1.3098 becos I saw news of a Chinabot acting as support, to get me some scalp. Who knows this damn "good news" 76 pips in 15mins, not bad, closed it at 1.3174 - a minor resistance!!!

We should see a test of 1.324/50 today!!! Damn crazy europe!!!!

Short covering is done, so now the upward journet NORTH!!!! Yippeeeee!!!!!

Rtrs:...
Bernanke will bring it down after an hour...
Mr. Prime Minister Papademos there is no need to rush, take time and do it RIGHT, once for all for Mother Greece; bondholders should hold their basket with water; the bondholders could make profits elsewhere but once Greece agrees to pay, future generations will never be free; DEFAULT, DEFAULT and DEFAULT; do what is good for only Greece..nobody else!
There is always a price for promises you don't keep!
Quoting jetkim
long or short?
who knows?
I think
agreement =up
default = down and then up
Have a nice day
  •  Guest
  • | IP XXX.XXX.159.53
EU/ US will breach 1.32500 with default , without default, with deal, without deal. It will not matter .
I wouldn't sell until 1.3200 area , top of the channel. Very likely to rise there then you can short with tighter stop.

Edit: to add I think it's going up to 1.3450, 1.3500 from a tech point of view. So I wouldn't sell looking for big returns anyway.
  •  Guest
  • | IP XXX.XXX.159.53
Dow will reach 13,000. Eu/ US breaches 1.32500
There will not be any document today or even this week coming from greece, I am watching Reuters and Bloomberg plus some other reliable financial news agencies and some deliver news firsthand and nothing is coming along from them...so it is only a fake roumour as some have discovered that there is much money to be made even tweeting bullshit via twitter!
Quoting Forexgain
Bernanke will bring it down after an hour...
Forexgain,

I don't think so...US Fed is only there to weaken USD..so today, it doesn't look good for USD against EUR...we may still end the the at 1.3145 - 1.3155...no matter what happens...today EUR/USD will close above 1.3100...if not a strong support above 1.3200...Mr. BB, the gold finger is bout to release another onslaught against USD....I could be wrong but if history is a guide..today I bet on XAU, AUD, CAD, and EUR against USD
There is always a price for promises you don't keep!
I am sure BB will!!!!Give fatty and shorty a bloodied nose!!! Greece has pull a hat trick again... I'm cautious, their parliament may reject the deal so I don't think the deal is a closed deal as yet. We'll see. Greece has been destroyed by this deal to be honest!!!

I pity the Greeks.......

Quoting Forexgain
Bernanke will bring it down after an hour...
  •  Guest
  • | IP XX.XX.52.254
Quoting DragonFire
Forexgain,

I don't think so...US Fed is only there to weaken USD..so today, it doesn't look good for USD against EUR...we may still end the the at 1.3145 - 1.3155...no matter what happens...today EUR/USD will close above 1.3100...if not a strong support above 1.3200...Mr. BB, the gold finger is bout to release another onslaught against USD....I could be wrong but if history is a guide..today I bet on XAU, AUD, CAD, and EUR against USD
Bloody well hope so , cheering all the way for Mr B to place his button happy finger on that printing press's control panel .Go bruver B go, kill the Dolla
Is this the final document? Like yesterdays final document/agreement announcement - and last weeks final agreement - and last months final final finish to the .... If anything comes out it sure wont be final. The best they can get is a bridging loan until march 20 when 'finally' the can can be kicked no further and the inevitable default hits. An agreement now with the Eu on budget cuts still needs to get past the strikes and riots on the streets. And then they need to pay their debts!! Another trillion coming from the EU and IMF? None of these agreements or those making them have any credibility.
damn!!!! short and fly
Quoting DragonFire
Mr. Prime Minister Papademos there is no need to rush, take time and do it RIGHT, once for all for Mother Greece; bondholders should hold their basket with water; the bondholders could make profits elsewhere but once Greece agrees to pay, future generations will never be free; DEFAULT, DEFAULT and DEFAULT; do what is good for only Greece..nobody else!
Who is going to save it? The ones who destroyed it? Papademos can't do anything on his own without asking the politicians. Greece is doomed my friend...
final draft for leaders meeting...the leaders still have to decide
Merkozy should propose a final bailout not greece
I love rumours. Can't wait for the real deal.
Fairly certain Mr. Bernanks will come to the conclusion that cooked up employment numbers may help someones political campaign ,but will not solve the US economy , so using the only method he knows, I am betting he will signal in the direction of QE3, if we dont get another likely postponement of the Greek issue, the likelyhood of the EURO breaking the 132.20 resistance is great and expect the euro to break out of range with a short term upward bias.However , I am almost sure that there will be another headline with regards to Greece shortly after Bernankes.
We are in a currency war the Euro and Dollar are both gunning for the bottom, its anyones guess who will win , sure aint the Japanese lol.
Officer ... I swear to drunk I am not God
Bernanke and greece decision on the same day...
Greece is default.. ...
You don’t need to be Einstein or wizardry mathematician or multiple PhD holder to understand that currency debasement leads to collapse of nations; German tried it during Weimer era, it couldn’t work for them, it couldn’t work for Soviet Union, Zimbabwe tried, it couldn’t work (a loaf of bread calls for a trillion Zimbabwe dollar), US Fed is now on the case, debasing USD as if there is no tomorrow. Does US Fed know something about the world that we don’t know (that the world might be ending)?
It doesn’t make sense, the way US Fed is managing USD.
There is always a price for promises you don't keep!
  •  Guest
  • | IP XX.XX.91.6
dont they want to wait for wat bernanke will say or is it continuity of stupidity running the market
eur is shot
  •  Guest
  • | IP XXX.XXX.159.53
dollar weakness is king again. We need QE3 so call options double . Ha haha
eur is sell 1.3190 sl 1.3210 tp 1.3100
If Bernanke says; we are still weak so big chance for QE: short USD, long gold ...
If he does not, sell gold gbp, take USD.
But these are truth if no any bad news from Greece any bad news, market will take USD hardly.
  •  Guest
  • | IP XXX.XXX.159.53
I just started trading late last year . Been buying call option ( SPY,DIA) every week since 9/2011. Crushing it. Did not even use one stupid indicator.
  •  Guest
  • | IP XX.XXX.39.83
Quoting DragonFire
Mr. Prime Minister Papademos there is no need to rush, take time and do it RIGHT, once for all for Mother Greece; bondholders should hold their basket with water; the bondholders could make profits elsewhere but once Greece agrees to pay, future generations will never be free; DEFAULT, DEFAULT and DEFAULT; do what is good for only Greece..nobody else!
couldn't agree with you more
Quoting DragonFire
You don’t need to be Einstein or wizardry mathematician or multiple PhD holder to understand that currency debasement leads to collapse of nations; German tried it during Weimer era, it couldn’t work for them, it couldn’t work for Soviet Union, Zimbabwe tried, it couldn’t work (a loaf of bread calls for a trillion Zimbabwe dollar), US Fed is now on the case, debasing USD as if there is no tomorrow. Does US Fed know something about the world that we don’t know (that the world might be ending)?
It doesn’t make sense, the way US Fed is managing USD....
Yes it will fail if a single nation goes that route whilst everyone else maintains their currencies value, their currency will inevitably be worthless, however when you have the whole world or the main key players including the holder of the worlds reserve currency devaluing their currencies, the relative value to each others currencies will remain fairly balanced out , and will only be noticeable in commodities and against the currencies of markets that had no need to devalue their currencies e.g. Brazil, Australia .
The US and UK are the cheerleaders for the currency devaluation programme using QE , the EZ has been refusing to play the game , but is using the Greek issue to follow with Portugal, Italy ,Spain etc to achieve a similar goal , or things will get a bit messy, the rest of the world will have to follow suit or risk having to compete for foreign trade with some disadvantages.So it will eventually balance itself out.

And btw , Zimbabwe did not try to devalue their currency , Mr Mugabe simply fucked up beyond belief.Zimbabawe's main exports were cotton, tobacco and several crops. Mugabe decided to take away farm land from the productive farmers , to distribute to his cronnies (the war vets ) who fought in their independence struggle, result being that instead of the previous successfull farms producing a couple of tonnes of crop for export , instead all they had to show for were a few goats , with no export value whatsoever, thus no more exports, meant no need for Zim dollars from importers add to that the fact that all the wealth (from Farmers) was withdrawn from Zim and taken out, hence the downfall of the currency .
Officer ... I swear to drunk I am not God
  •  Guest
  • | IP XXX.XXX.86.100
dont forget : Fed Chairman Bernanke Testifies..
Quoting DragonFire
You don’t need to be Einstein or wizardry mathematician or multiple PhD holder to understand that currency debasement leads to collapse of nations; German tried it during Weimer era, it couldn’t work for them, it couldn’t work for Soviet Union, Zimbabwe tried, it couldn’t work (a loaf of bread calls for a trillion Zimbabwe dollar), US Fed is now on the case, debasing USD as if there is no tomorrow. Does US Fed know something about the world that we don’t know (that the world might be ending)?
It doesn’t make sense, the way US Fed is managing USD....
Imagine how the Euro was created? each countries have their own currency and others are greater with respect to value than the other, but they still created the euro...right?
  •  Guest
  • | IP XX.XX.91.6
why am not a some country official????!!! haha
could had played with the market as i want
spreading my opinion here and there for market to move in my favor
as snb or boj member will come out to talk about intervention
as boe ecb rate cuts
foooool traders need a person like me hehehehe
  •  Guest
  • | IP XX.XX.91.6
buyer or seller hold on your order dont worry someday price will come back hahaha
Should next level for Eur/Usd after 1.32 be 1.338? Can't seem to spot anything but empty space between.
  •  Guest
  • | IP XX.XX.91.6
euro is the only currency now being manipulated gbp aud nzd no spikes only euro
  •  Guest
  • | IP XX.XX.91.6
2 days left for euro and gbp fall to 1.28 and 1.55 ecb cut rates boe cut and purchase bonds
it will come back down to 1.303 in next couple of days
  •  Guest
  • | IP XX.XX.91.6
euro break 1.3235 before ecb thursday will be total nonsense
Next level for Euro probably around 1.70
And if Greece defaults officially then eurusd will go over 2.00
Quoting mungford
Should next level for Eur/Usd after 1.32 be 1.338? Can't seem to spot anything but empty space between.
If the Euro stays above 1.3200... 1.3430(.50fib) - 1.35 is a good area.
if euro continues to go north, it's shit life for all in euro!!! God save us europe lazy bums!!! More tax, less money home, left over foods, kids sleep rough...... well done Greece, freaking hell!!!! Can't u just default if you got the calling to be a nation!!! Damn u
While waiting for Greek parliament to agree to the deal, EU Juncker said something really cold, Juncker good for you, you need to watch where EURO is going - too far north then Europe is fked!!!

Eurogroup’s Juncker: No meeting of FinMins before Thursday
Written by Jamie Coleman
February 7, 2012 at 16:20 GMT

■All elements of Greek deal must be in place before meeting takes place
■No meeting called for this week
A small splash of cold water on the Greek euphoria…
It's really amazing that after all these years people STILL believe that the situation in Greece is relevant to the taxes or the eurusd or the measures. Greece (and Portugal, Italy etc) are just the EXCUSES. Why are you trying to find any logic in this by looking at the fundamentals ? The fundamentals mean NOTHING. As I said, if Greece defaults then we will see the eurusd over 2.00. Simply because every moron will be shorting it while the banks will be buying.
Quoting jonahky7
if euro continues to go north, it's shit life for all in euro!!! God save us europe lazy bums!!! More tax, less money home, left over foods, kids sleep rough...... well done Greece, freaking hell!!!! Can't u just default if you got the calling to be a nation!!! Damn u
jonahky7,

did you miss the rally? US Fed was on air...90% in favor of EUR and 10% in USD favor, I went LONG at 1.3114..will get off at 1.3199 or 1.3299.......US Fed always live to their reputation..killing USD...for XAU and EUR..
There is always a price for promises you don't keep!
Glaxo Has Been Repatriating Cash Out of Euro-Area Banks -CEO Andrew Witty tells reporters

WHy? Becos Europe is fked!!!!
Hey dragonfire, I didn't missed it, was on it and gaining pips. I started longing at 1.3098 , closed at 1.326. Now shorting a bit for scalping

Just reflecting, if Euro does go further, Europe is really fked. After all I live in EU zone, lol!!!!!

Quoting DragonFire
jonahky7,

did you miss the rally? US Fed was on air...90% in favor of EUR and 10% in USD favor, I went LONG at 1.3114..will get off at 1.3199 or 1.3299.......US Fed always live to their reputation..killing USD...for XAU and EUR..
Jonahky7, aren't you watching too much TV? And you haven't mentioned Merkel's flatulences in more than 5 posts in a row. Are you feeling well?
forget about tomorrow, just steal away into the night
Quoting jonahky7
Hey dragonfire, I didn't missed it, was on it and gaining pips. I started longing at 1.3098 , closed at 1.326. Now shorting a bit for scalping

Just reflecting, if Euro does go further, Europe is really fked. After all I live in EU zone, lol!!!!!
jonahky7,
EUR has got friends at high places..US Fed, China and SNB....these trio are fucking USD a big time...so if everything looks technically good for USD...do the opposite...nothing changed but EUR/USD zoomed 150 pips in a matter of minutes...good luck on the SHORTS...I am not shorting today...may be Thursday...
There is always a price for promises you don't keep!
i had my scalping of shorts, just 18 pips. 15mins job. all in all I had 196 pips today both long n short, not too bad as I started a late trading, enough to buy me dinner lol. How's yours today?

Let's see what happens when the Finmins meets on Thursday!!! That is IF the Greek parliament pass the draft bill - am sure there will be riot in Greece now, sorry Greeks!

Quoting DragonFire
jonahky7,
EUR has got friends at high places..US Fed, China and SNB....these trio are fucking USD a big time...so if everything looks technically good for USD...do the opposite...nothing changed but EUR/USD zoomed 150 pips in a matter of minutes...good luck on the SHORTS...I am not shorting today...may be Thursday...
  •  Guest
  • | IP XXX.XXX.88.94
Quote: DragonFire

"jonahky7, did you miss the rally? US Fed was on air...90% in favor of EUR and 10% in USD favor, I went LONG at 1.3114..will get off at 1.3199 or 1.3299.......US Fed alwys live to their reputation..killing USD...for XAU and EUR.."

how did you know that "US Fed was on air...90% in favor of EUR " actually how did you calculate, cause I am just learning to trade... and if You would give me some advices I will very grateful. thanks a lot
Quoting g_cf05c7a7
Quote: DragonFire

"jonahky7, did you miss the rally? US Fed was on air...90% in favor of EUR and 10% in USD favor, I went LONG at 1.3114..will get off at 1.3199 or 1.3299.......US Fed alwys live to their reputation..killing USD...for XAU and EUR.."

how did you know that "US Fed was on air...90% in favor of EUR " actually how did you calculate, cause I am just learning to trade... and if You would give me some advices I will very grateful. thanks a lot
Dr. BB, US fed Chairman was on air today at 10:00AM (if you missed); anytime somebody from US Fed is making a statement USD falls, EUR/USD and XAU/USD normally shoot up....some people in Fed's inner circle hold gold in assets...so US fed on the air is like money for guys...
There is always a price for promises you don't keep!
Quoting jonahky7
i had my scalping of shorts, just 18 pips. 15mins job. all in all I had 196 pips today both long n short, not too bad as I started a late trading, enough to buy me dinner lol. How's yours today?

Let's see what happens when the Finmins meets on Thursday!!! That is IF the Greek parliament pass the draft bill - am sure there will be riot in Greece now, sorry Greeks!
jonahky7,

Pretty good so far...I should get my monthly quota today..thanks to US Fed, they should talk more often...I win big in XAU and EUR (still winning ..just locked up the profits at 1.3219..I may move profit poll higher soon...once EUR/USD crosses 1.3285)
There is always a price for promises you don't keep!
Yep, been watching too much Greek TV to the point of just clicking short or long "blindly" and it rakes in "free" money, lol Am not bothered about Merkel as brussel sprouts ain't growing coz it's winter time, lmao. Hope your trading went well. All is swell here. Have buggered off with technical analysis, only trust it when there ain't any news, look at my chart and watching watching watching - damn addicted to gambling!

Think both shortie sarkozy (aka 121 cars) and fatty merkel will be shown the door in the coming election anyway. So ain't bother about these 2 clowns......

Well we have 1.328 and the next number 1.333 to break tomorrow (if it can). Left a long open from 1.322 while taking profits from the other positions to the bank.

Quoting spekitox
Jonahky7, aren't you watching too much TV? And you haven't mentioned Merkel's flatulences in more than 5 posts in a row. Are you feeling well?
o well, darn merkel (think I pissed her off just now ) always there to devalue the euro on time, with her whatever gas you call it! lmao.

a.) Greece-Troika deal meeting postponed to tomorrow morning.

b.) Papademos to meet Troika tonight, party leaders tomorrow - delay again.

I'm not stating this whether I'm short or long, I just go with trend. But seriously Euro cannot afford to go further North, any further North really does means fked all for Europe. Germany and France are broke to spare money.

But saying that on the selfish side, whether its long or short I'll be on the trend to make some dough for my kids.......lol
What chart are you using - a 100 pips chart, I would love one of these charts????

resistance major n minors 1.31976, 1.32620, 1.3285, 1.333, 1.3359


Quoting mungford
Should next level for Eur/Usd after 1.32 be 1.338? Can't seem to spot anything but empty space between.
  •  Guest
  • | IP XXX.XX.159.11
i bet u a billion pound that it will move in the right direction, my predictions are top notch
are you guys really sure that the price will reach 1.33. We might have a correction for this move since nothing came out of Greece. IF I were you guys, I would wait before adding anything. NO one, bear or bull should have a position right now
  •  Guest
  • | IP XX.XX.91.6
Quoting Link
are you guys really sure that the price will reach 1.33. We might have a correction for this move since nothing came out of Greece. IF I were you guys, I would wait before adding anything. NO one, bear or bull should have a position right now
talking to who fellow????!!!! ppl you are talking to are not traders only bandwagons-- listened others buying euro they copied doing the same
the others who started the buy are more foolish they bought because of a rumor of greece bailout/wat a great reason to buy euro!!!/ the world started with greece bailout!!!/ and other rumor of may may fed apply QE3
you now guess why euro is now near 1.33---- because of stupidity ruling the market
Well, the feeling is that GR will accept the deal and the issue will be forgotten, at least for a little while
Whatever, someone has to pay for stupidity...shorts are first in line to pay....
The Market pays you to be disciplined
Longs are making money and shorts are financing it...simple as that....anyway 1.36
The Market pays you to be disciplined
Eur/usd .... Entry sell 1.3275, second entry sell 1.3325....stop loss 1.3375 ....take profit 1.2975 second profit 1.2875
If there is a deal between concern parties, all should benefited at short time only because other countries may default after Greece. Get ready for short time benefit!!!!!!
There is only one deal - all European institutions protect the interests of Germany. Look at today's export data - Germany's exports rose by 11%! That is why they are interested in strong euro, although it is a sabotage for the rest of the eurozone.
I'm currently viewing through the Cliff Richard graph for my resistance levels, looking for where the price drops off any precipice. So far it has brought congratulations for young ones such as myself. (I'm a noob to this so when in doubt I always return to Sir Cliff)
OK to make a deal with Greek and then what? Nothing on the market will not change the contract with the Greek ... EUR will go up a bit and that's it. The market is tired of waiting and more speculators are tired from long .... time is short ...... correction in EUR / USD is welcome ......BIG bears are still pending and the level of 1.2623 is not yet tested ........ In the medium term I see the EUR / USD 1.2875 ....... perhaps lower
The more speculators go short, the higher the price will go.
It is the COT reports. It is normal to go long for now, but now it is all on edge. But they cover possible losses. When the avalanche starts down many orders will be shut down and this will give added strength bears.
imbonitore, you are speaking about free market where all technicals play. But this is far from it - this is a 100% manipulated market.
If to watch price action closely, it is obvious - as soon as market intends to sell, "someone" will buy back. Ridiculous, stupid, nasty but true.
Quoting Indrek
imbonitore, you are speaking about free market where all technicals play. But this is far from it - this is a 100% manipulated market.
If to watch price action closely, it is obvious - as soon as market intends to sell, "someone" will buy back. Ridiculous, stupid, nasty but true.
agree with you man
EUR cannot fall ...1.36
The Market pays you to be disciplined
  •  Guest
  • | IP XX.XX.91.6
Quoting Indrek
imbonitore, you are speaking about free market where all technicals play. But this is far from it - this is a 100% manipulated market.
If to watch price action closely, it is obvious - as soon as market intends to sell, "someone" will buy back. Ridiculous, stupid, nasty but true.
couldn't agree more----total manipulated market--no need for price action
only look at audusd eurousd gbpusd nzdusd big time frame charts you can barely draw a trendline for support its all bullish candles with rare and small tails
seems that the market is yo yo today
after 10 min the rumors will start
Quoting wawasalsa
seems that the market is yo yo today
Yes it is but a deal seems likely now so the EUR will be up and up and up....
Have a nice day
  •  Guest
  • | IP XX.XX.61.167
[quote=DragonFire;5363544]Dr. BB, US fed Chairman was on air today at 10:00AM (if you missed);

ye i missed it... but where i can see it is there any sited on line orTV or what... i see news but they are late.... getting too late...can u recomand me some souces?
Quoting billv
Yes it is but a deal seems likely now so the EUR will be up and up and up....
Isn't it strange that market is buying such information? Keeping Greece in eurozone is the most expensive solution, in fact, it is just prolonging the pain and nothing more. But market is ready to buy it like it is a miracle.

Euro is making history - not often we see that shit is being bought so actively
Those who are short now they are paying for "that shit"....in meanwhile longs make money...1.36
The Market pays you to be disciplined
Hope, ECB will cut rates soon... Of course, nobody knows, as they do not have any clear monetary policy.

As a trader, I do not care because I buy and sell every day. But as a citizen, I am worried about euro going up. It is the last thing that Europe needs when trying to dig oneself out of the crisis.
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  •  Guest
  • | IP XX.XX.14.84
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  • Story Stats
  • Posted: Feb 7, 2012 8:33am
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 114  /  Views: 20,558