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  • Agreed Upon Greek Bailout "Unagreed" 24 Hours Later As LAOS Leader Changes Mind, Euro Tumbles

    From zerohedge.com

    Remember the pomp and circumstance with which Venizelos showed up in Brussels yesterday carrying a two paragraph statement from Lucas Papademos in hand, saying Greece promises it has agreed to agree to make idiotic "pledges"? Well, as was largely suspected by cynical old us, even that "deal" has lasted not even a whopping 24 hours. GREECE'S KARATZAFERIS SAYS CAN'T VOTE FOR TROIKA ACCORD AS IS - BBG This is coming from the LAOS coalition member whose support for the Troika accord was supposedly in place yesterday. Kiss this whole thing agreement goodbye. Just as Germany wanted all along. And the all-idiotic EURUSD, ... (full story)

Oh , I thought it said BBQ
yummo
, bbq
maybe Eur get BBQ by next week
no one has noticed, this is probably because the SNB intervention
so should we go for sell of eu
EU down, who could have guessed?
yes sell it khanarsal
tell me entry point for sell
are the greekos going to fuk us all?
NOW!
  •  Guest
  • | IP XX.XX.37.162
there were too many buyers around 1.3000...
if i want to go long for eu where sud i take entry
twitter makes market these Karatzaferis want publicity
GREECE trade forex. This is the way .... Ask them short or long ?
where's the "1.36-guy"?
so any one know about gold
hehehhe he is prob gone
remember ssshhh guy, its crazy friday! 1.36 could be up on the screen in an hour from now
kidding man.. eur will go down only not up..
watch out for Bernanke, last time everytime he starts to open his mouth EU rose
Quoting ssshhhh
where's the "1.36-guy"?
Ha ha, that's indeed how he's know by now... was it Mima or something?
not that far trust me
Quoting MacroTrader
remember ssshhh guy, its crazy friday! 1.36 could be up on the screen in an hour from now
1.36 was always a lol. No, it was 1.36 "today" bigger lol. With China rolling over, i wouldn't be long much of anything.
Quoting MacroTrader
remember ssshhh guy, its crazy friday! 1.36 could be up on the screen in an hour from now
just kidding...you know everyday is a crazy day in forex...
Im long and buying more at 1.31 if it retraces. SL at 1.28, i dont think we will see 1.28 in a decade from now. USD is focus after weekend and from there on..
  •  Guest
  • | IP XXX.XX.86.174
eurusd correction is done now it is time to dive as long as it will not break above 1.3250 today.
mimi told me sell he was short i think mkt can go up on sentiment it can come minus a bit but if it cumz positive mkt can go to 31
What have you been drinking yesterday? let's get down to Greece, Mr Metaxa..., sorry, Macro Trader!
No worries, EUR/USD is down less than 100 pips...and naysayers are out in force, nothing moves in a straight line..the babe is coming back...very soon another news will hit the airwaves that Greece gov't is going to talk to Troika and EUR/USD will come running 150 pips...a good buying opportunity...I am just collecting my chips from 1.32000...further down until 1.2800 pips...I am prepared to lose 400 pips....for a time being EUR/USD will be floating between 1.30000 to 1.4000...we may not see below 1.3000 anytime soon...at least not until DOW reaches 14500...before the big correction..
There is always a price for promises you don't keep!
We will see parity 4 month from now...
  •  Guest
  • | IP XX.XX.237.26
Riots in Athens according to NAFTEMPORIKI.GR
I would not be writing off the Euro just yet, lets not forget uncle Bernie has yet to play his hand a little later on today, its all one big sparing contest to see who can f*** up their currency the best, Euro got a head start in the tournament today, but I doubt it will have the last say, expect Bernanke to unleash Armageddon on the USD . Now let me go set myself up with some Gold before price retraces.
Officer ... I swear to drunk I am not God
it could go to 1.30xx during NY session...
Bad US data can help the Gold, EUR because of QE3 forecast. The other Greek parties also won't accept the offers.
As I said before who accept these offers than it can make certain to loss election.
Quoting ssshhhh
where's the "1.36-guy"?
wait for 8:30 news

but anyway this seems to be too big for any other news, or....?
i think this the right time for a long
follow the flow of music $
O well greece had its 3 days of glory 1.32-1.33 - what I said yesterday came true abouth 26th Oct data! Hooray it's a wondeful day!
Your wish to wipe your account clean is my command, good luck to long for you. 1.32 barrier about to be broken, wake up!!

if you want to long, scalp at 1.3145, otherwise short

Quoting ganam
i think this the right time for a long
well said lol
Quoting jonahky7
Your wish to wipe your account clean is my command, good luck to long for you. 1.32 barrier broken, wake up!!
1.3180 got little bit support level
follow the flow of music $
like I said, if you are scalping, yes. But trending then 1.3145 is where the sell stops end and possible some long. But with the US data coming in better, aka US economy recovery continues, do you expect BB to say they need QE3? Who knows he might say it but 1.31761 is a weak support but it will become a strong resistance again in few hours (my 2 cents opinion).

Quoting ganam
1.3180 got little bit support level
the next decent support will be 1.3145. 1.311 then a big gap to 1.305. So will BB send euro down? Who knows.......... I had my day, enough pips to spend the weekend. cheerio
i seriously hope u didn't buy at 1.318

Quoting ganam
1.3180 got little bit support level
scalp in the range 1.3195 to 13145/50 he is wright
[0quote=ganam;5374434]1.3180 got little bit support level[/quote]
scalp in the range 1.3195 to 13145/50 he is
right
Quoting ganam
1.3180 got little bit support level
sold yesterday at 1.33 (as I said H4 RSI divergence) - target 1.31 - support for H4 channel
Quoting ganam
i think this the right time for a long
don't do it man - sell - TP 1.31
sell momentum is slowing down and about to close my short. so prepare to reload for long again but becareful to take TP.

The Greeks are meeting again at 16:00GMT for another show. Rumor they might be postponed.

170pips South for a span of 24hours, that's nothing really..........we'll see if BB have a better power to command 150pips either way within 1 hour
So BB, tell us what to do
From good news guy Jamie Coleman, so you know what to do if you short or want to long

Small bids are seen around 1.3170 but larger ones are not seen until the 1.3100 area. Sellers now on bounces to 1.3130/40.
Greek cabinet meeting may be rescheduled again - YES hear me POSTPONE AGAIN!! They sure are having loads of kebabs!!!

@Unconfirmed talk that the cabinet meeting has now been pushed back to tomorrow morning.
2 levels of support broken, now the 3rd - the last frontier...............
What I thought they say everything is under control in Euro, lmao!!!! BTW my house is on sale now, seriously!

@ ECB’s Nowotny: Euro area may come close to recession this year
What about SNB when they will intervene
hey dragonfire. think the bastards have postpone their meeting again to tomorrow. Don't think we have action today, only BB left.


Quoting DragonFire
No worries, EUR/USD is down less than 100 pips...and naysayers are out in force, nothing moves in a straight line..the babe is coming back...very soon another news will hit the airwaves that Greece gov't is going to talk to Troika and EUR/USD will come running 150 pips...a good buying opportunity...I am just collecting my chips from 1.32000...further down until 1.2800 pips...I am prepared to lose 400 pips....for a time being EUR/USD will be floating between 1.30000 to 1.4000...we may not see below 1.3000 anytime soon...at least not until DOW reaches...
have to long EUR/USD again at 1.3177 what an added advantage. wow.
you are right...its going slightly up, i got some long positions
follow the flow of music $
  •  Guest
  • | IP XXX.XXX.43.91
This is setting itself up nicely for a long next week on Monday - if BB doesn't come along a screw it up!
if there is no retest of 1.315 in 45mins minutes then its a possible north but think it will be south'ish still so if you either wait for lower ground to buy or simply short at higher ground while you can n buy at really lower ground, 1.311.

For me I'm still short waiting for 1.311 before I close....... SL at 1.32. Have a long at 1.3155 to balance up my pips both long and short. Win win situation
  •  Guest
  • | IP XX.XXX.224.38
after this huge bearish move during the Europe session one thing is jumping in my mind...............
((((((euro to 1.3100 and advance 1.3025 on the break)))))
trade safe and keep your self disciplined )
15:00 GMT expiries in 15mins. So is this the range we talk about today?
Can't they do it earlier? Doesn't matter for us, cos there ain't no more crops in Greece, they will be exported as slaves for the rich bastards soon. This is one way to reduce their public sector spending.


Another one bites the dust…
Written by Jamie Coleman
February 10, 2012 at 14:43 GMT

■Greek deputy agriculture minister Roduolis resigns from government, according to Bloomberg
Quoting jonahky7
sell momentum is slowing down and about to close my short. so prepare to reload for long again but becareful to take TP.

The Greeks are meeting again at 16:00GMT for another show. Rumor they might be postponed.

170pips South for a span of 24hours, that's nothing really..........we'll see if BB have a better power to command 150pips either way within 1 hour
So BB, tell us what to do
Agreed, big possibility they will postpone it to the weekend. But next week, Greece can get default, the smallest party resign ( very clever move for election) and they know that if they want little chance to win the election, they also need to reject what troika offer.
well it's bye bye for now 1.32 for a short while (2.5hours maybe) - even a utterly useless data from US - aka University of Michigan consumer sentiment drop can send euro tumbling 20pips (again I said this yesterday), well played the market manipulator!!!!
some of the bozos there have already resign.


Quoting ganam
you are right...its going slightly up, i got some long positions
I hope you have taken your TP while you can from 1.318.
Quoting May
Agreed, big possibility they will postpone it to the weekend. But next week, Greece can get default, the smallest party resign ( very clever move for election) and they know that if they want little chance to win the election, they also need to reject what troika offer.
Quoting ganam
you are right...its going slightly up, i got some long positions
I hope you have taken TP while you could at 1.318. See it's so typical a useless crap data like US sentiments can send euro down again.

So my 2 cents call is, euro is prone for down with any crap news today, aka risk-off.

But I still have a little hope of long somewhere in a far away land.
  •  Guest
  • | IP XXX.XX.107.89
Quoting majus33
GREECE trade forex. This is the way .... Ask them short or long ?
They can make up a bunch of twitter posts to move the market and use the profits to pay off the bond coupons, it's pure genius.
@Greek government dissolving. Carry on
  •  Guest
  • | IP XX.XX.91.6
I can not understand why bernanke never talk about recent US data very good numbers but run his mouth for stupid hints of QE3 or are they the fool reporters who do not ask but about QE3 possibility so ben say the famous sentence" if numbers get worse the fed will act" for traders to think of QE3 but they forget that Ben said "if if if if if"
how come he never or approximately no reporter ask him "What is your opinion about recent months US Good Data?"
  •  Guest
  • | IP XX.XX.91.6
sell euro now TP start at 1.3120 further TP found nowhere but near 1.3000
Many people questioned whether it's a rigged data or fake data (ironically both are the same point )

There might be a plot to say, it's a fixed to ramp euro up only to bring it down today by BB - "O, sorry buddies......I don't think we need QE3, cheerio"

In any case, just becareful, euro does not look on safe ground today. Even if BB send it up again, it will tumble right back in a while. This is what I conclude with the current 26th Oct data.

Quoting Guest
I can not understand why bernanke never talk about recent US data very good numbers but run his mouth for stupid hints of QE3 or are they the fool reporters who do not ask but about QE3 possibility so ben say the famous sentence" if numbers get worse the fed will act" for traders to think of QE3 but they forget that Ben said "if if if if if"
how come he never or approximately no reporter ask him "What is your opinion about recent months US Good Data?"
market lack lustre before BB speech........ with european market close, let the circus begin again.
  •  Guest
  • | IP XX.XX.91.6
i will be very surprise if eurousd go down after ben speech coz that never happen--stupidity will rule again the market buying euro
boring market....
euro seems warming and ready
wtf
it does go south today. More south to come, last week downgrade in Europe means up up up.

Today, news just in, S&P downgrade 34 of 37 Italian banks, and it went south........ 15 pips in 5min (not much) but 1.318 is a weak support, it's still bearish into next week, bye bye long bye bye 1.32 until we hear more of what happen to the new Greek government, lmao bunch of bozos!

Quoting Guest
i will be very surprise if eurousd go down after ben speech coz that never happen--stupidity will rule again the market buying euro
it's not surprising at all. it's a storm waiting to break in europe. Monday will see even more downside, that is my theory of 26th Oct holds. Let's see, I'm holding my short from 1.3282, locked in at 1.3206 . Expect more downside come Monday.

Quoting wawasalsa
boring market....
1.36 will come back again, trust me. Once we get back to bottom with Greece out of the bloody way. Before US election, the manipulators will rigged it so that 1.36 will be hit. But it won't be now for sure.

Trade facts, trade fakes, then finally technical.

Quoting jaygee
1.36 was always a lol. No, it was 1.36 "today" bigger lol. With China rolling over, i wouldn't be long much of anything.
yes, loved the experts talks here... give us more view to next days.. but this weekend looks loke very danger to me to hold my sell order
did ben finished ? or still singing
?...i am not following.....
It's expensive to hold over weekend. And who knows what circus Greece come out with on Sunday for their vote, I suspect nothing really as they are reshuffling, how do you expect a newly reshuffled cabinet to be effective? Nil point. These fat useless Greek politicians, bunch of clowns.

Don't expect miracles over weekend, it may jolly well come 30-50pips down with more shit from Greece. Just trade accordingly.

These are the resistance lines: 1.33 (gone), 1.324 (gone), 1.32 (gone), 1.318 (shaky), 1.3145 (soon to be maybe stronger), 1.311 (support now but soon to be resistance)quite a number of bids there, below that lol we'll see

Support lines: 1.305, 1.288.

Note 1.288 is key to support, if broken again, then we are in la la land to see 1.26 and below......

Quoting tradingpalu
yes, loved the experts talks here... give us more view to next days.. but this weekend looks loke very danger to me to hold my sell order
he's gone home!!!

Quoting wawasalsa
did ben finished ? or still singing
?...i am not following.....
good for him

Quoting jonahky7
he's gone home!!!
Quoting ssshhhh
where's the "1.36-guy"?
True knowledge is knowing that you know nothing. Socrates.
Quoting jonahky7
It's expensive to hold over weekend. And who knows what circus Greece come out with on Sunday for their vote, I suspect nothing really as they are reshuffling, how do you expect a newly reshuffled cabinet to be effective? Nil point. These fat useless Greek politicians, bunch of clowns.

Don't expect miracles over weekend, it may jolly well come 30-50pips down with more shit from Greece. Just trade accordingly.

These are the resistance lines: 1.33 (gone), 1.324 (gone), 1.32 (gone), 1.318 (shaky), 1.3145 (soon to be maybe stronger), 1.311 (support...
well..thanks a lot my buddy.. Hope God always with me while im trading, try to get money to eat here..
all 3 support broken today, last minor one at 1.318 is bye bye. Though not show over but expect more down to come, looks like my theory of 26th Oct is coming true.
you mean next week it could be up again like of 26th oct ?
Quoting jonahky7
all 3 support broken today, last minor one at 1.318 is bye bye. Though not show over but expect more down to come, looks like my theory of 26th Oct is coming true.
  •  Guest
  • | IP XXX.XXX.163.12
Quoting chazzle
Oh , I thought it said BBQ
Your place or mine?
  •  Guest
  • | IP XX.XX.91.6
Quoting tradingpalu
yes, loved the experts talks here... give us more view to next days.. but this weekend looks loke very danger to me to hold my sell order
most of the time bet on euro shorts at the weekend monday u c it gap down u win money with less tire by closing at monday open after the weekend gap
easy as it is said
afraid of shorting eurousd and keep through weekend---buy eurochf and keep whatever wat happen u r 5 pips up or down no less lo more no pain no gain hahahaha
  •  Guest
  • | IP XX.XX.141.93
Until zerohedge quotes Iranian sources as they tend to do I question the credibility of this story.
There is a high possibility of up again provided Greece agree with the austerity measure but it really depends if the bozos accept it in parliament. So if I were u I'll wait n read what news is coming out today n tomorrow from Greece from these bunch of idiots. If they vote for the deal then we'll go up north again, but if they don't or postpone then expect the opposite. Throw away technical analysis for now just follow the news n pls don't follow blindly otherwise your account will be wept clean.
Quoting tradingpalu
you mean next week it could be up again like of 26th oct ?
  •  Guest
  • | IP XX.XXX.56.17
i took a long . i hope we gap up with greece vote !
  •  Guest
  • | IP XXX.XXX.53.51
Buy long for euro bcoz U.S creat dramatic situation in friday
  •  Guest
  • | IP XX.XXX.64.131
The Gold market has a falling wegde bullish continuation partern signalring (c)wave of wave(4). price target @ 1756.56 and 1789.06 (wave(5)) [email protected]. You can follow me up on twitter @SnactchiFX
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  • Posted: Feb 10, 2012 7:14am
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 94  /  Views: 18,952