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MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

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My heart was beating out of my chest...Went short at 1.3655 for a quick scalp..didnt expect it to jump another 5 pips. Got out with a 2pip scalp.......then it continued falling. Could have taken at least 6pips...but waiting for this Greece news is making me uneasy. Next entry at 1.3685


whois long?
Malcomb may be right a lot sooner than he thinks. If this goes up now it would not surprise me seeing the Triple Bottom on the 4 hr.
Quoting kuroro001
I didn't know that cutting pay and rising VAT tax was good :s
that's the European style of fighting a crisis. never really works
Rule No.1: Never lose money. Rule No.2: Market is always right !
They (greeks) are freezing Pensions (public servants i assume)...how do u do that?
Quoting redmeccha
It break 1.3598, i have my sell triggered there...

I'm riding the bear now
Oh man, today is not a good day for me. setting up a sell at 1.3598 is a bad idea. It end up to be a bear trap

The price went up to 56 pip & my sl reached. oh well its ok after 2 days of good trade.
only 2.5 billions savings... that s less than what was expected
Andreyou
Quoting DMA Trader
that's the European style of fighting a crisis. never really works
Yes. I think just printing money and load up more debts (like the US9 is the better solution...
Greece must tighten its belt further to reach this year's deficit-cutting target, but it is not yet clear by how much, the European Commission said
Economic and Monetary Affairs Commissioner Olli Rehn on Monday discussed with Greek authorities the need for deficit-cutting measures on top of those already taken by Athens.
"No bailout plans were discussed, but "both parties understand ... there is a need for additional measures and these should be presented as soon as possible... in order to make sure that the target of 4 percent is reached," Commission spokesman Amadeu Altafaj said on Tuesday.
Greece has committed to cutting its budget deficit to 8.7 percent of gross domestic product this year from 12.7 percent in 2009 and to bring the deficit to below the European Union ceiling of 3 percent in 2012.
Altafaj said he "cannot quantify" how far short of the 4 percent target the measures already announced have left Greece.
The size of the gap was still under discussion between Greek and EU experts and "at this point we are waiting for the new measures to be presented."

The ambitious austerity program hopes to calm debt markets that have been demanding increasingly high premiums for lending money to Greece amid concerns that Athens might at some point not be able to service its debt, which stands at more than 120 percent of GDP.
Market concerns persuaded euro zone countries to issue a statement on February 11 declaring that, if the need arose, they would move to safeguard the financial stability of the 16-country euro zone.
But they gave no details of a potential rescue plan and instead put more pressure on Athens to deliver on its austerity plan.
Monday's discussions with Rehn "were about efforts to correct the fiscal situation in Greece. We did not enter (or) elaborate on scenarios of bailouts and things like that," Altafaj said.
The Commission was pleased to see the Greek government was determined to do what was necessary to reach the 4 percent target, he added.
Quoting andreypu
only 2.5 billions savings... that s less than what was expected
thats 2.5bn Euros....
thats about 3.4 bn $.... lesser than expected...:S

Besides.. how can they freeze pensions and increase tax.. wont that just squeeze the ppl further?
1.3655 was a lovely entry....anyone enter short there?
Quoting warta
Greece must tighten its belt further to reach this year's deficit-cutting target, but it is not yet clear by how much, the European Commission said
Economic and Monetary Affairs Commissioner Olli Rehn on Monday discussed with Greek authorities the need for deficit-cutting measures on top of those already taken by Athens.
"No bailout plans were discussed, but "both parties understand ... there is a need for additional measures and these should be presented as soon as possible... in order to make sure that the target of 4 percent is reached," Commission...
Sounds like more of the same....smoke and mirrors.....
Doing what you like is Freedom. Liking what you do is Happiness.
Quoting 4exJunki
1.3655 was a lovely entry....anyone enter short there?
nice work mate I was to much of a perfectionist and didnt take it when it was at 3662 s i wanted 3665 hehehe
Trade on your own risk Plan your trade&trade your plan dont be a
Yes greeks are due to reforms. VAT reform ( slaes tax) is due to this week.
Now, regardless of a Greece bailout or no bailout by the EU (specifically
by Germany) the Euro is likely to rebound to between $1.40 and 1.42
before resuming its downtrend (more Greek tragedies are likely to follow
in Spain, Portugal etc). As I have explained times and again the market is
a discounting mechanism and I believe that for now the “bad news” for
the Euro has been largely discounted. Moreover, whereas I would not
regard a bailout to be favourable for the Euro, also consider how many
states in the US will need “official” or “in-official” bailouts by the US
Federal Government (however, with less strings attached than for Greece
by the EU)! So, let us assume I am right and the Euro rebounds against
the USD from the extremely oversold position, which we have now.
What happens to the price of gold? I suppose that against the USD the
price of gold would strengthen but weaken against the Euro (see Figure
10).
Quoting DMA Trader
that's the European style of fighting a crisis. never really works
It's a really tiny country (2.5% of Euro) and the only thing to do, will not effect eurozone as a whole.
You like helicopter Bernanke better?
Don't be a hero. Don't have an ego. Always question yourself
Quoting warta
Greece must tighten its belt further to reach this year's deficit-cutting target, but it is not yet clear by how much, the European Commission said
Economic and Monetary Affairs Commissioner Olli Rehn on Monday discussed with Greek authorities the need for deficit-cutting measures on top of those already taken by Athens.
"No bailout plans were discussed, but "both parties understand ... there is a need for additional measures and these should be presented as soon as possible... in order to make sure that the target of 4 percent is reached," Commission...
If EU rise with all of it....that'll only that people are either stupid or market is totally manipulated
No bailout plan....VAT tax rise....Pay cuts

And who cares about their determination lol... they have nothing to make the situation better

Ok now S&P please downgrade that country
COT: The precious data ignored
Quoting Xaron
Yes. I think just printing money and load up more debts (like the US9 is the better solution...
well, there both bad. i don't know witch one is worse. But I am for free capitalism. something that is not easy to find now. Europe on USA.
But I will go with stimulating growth in a crisis. than put more taxes.

Remember how Mr Trichet raises rates just a month before full crisis started . E/U was trading at 1.6. That's how Europeans understands to act.

Always convened about inflation, deficit. instead of employment, growth.
At list my view. We shall see in the years to follow witch one was worse.
Rule No.1: Never lose money. Rule No.2: Market is always right !
i think i'm going to place a long position and return next week.

btw: on my daily charts we're forming a perfect curve.
Quoting kuroro001
If EU rise with all of it....that'll only that people are either stupid or market is totally manipulated
No bailout plan....VAT tax rise....Pay cuts

And who cares about their determination lol... they have nothing to make the situation better

Ok now S&P please downgrade that country

exactly ! euro zone in a bad situation , more down in the soon future
Quoting Mr Hatch
i think i'm going to place a long position and return next week.
maybe wait till we are back down to 3440? place long there and come back next week ???
Trade on your own risk Plan your trade&trade your plan dont be a
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