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  • #224,641
  • Apr 13, 2010 2:01am Apr 13, 2010 2:01am
GREECE: Greece will make use of the financial aid offered by its EU
peers and the IMF, according to one German lawmaker. Norbert Barthle,
the parliamentary budget policy speaker of German Chancellor Angela
Merkel's center-right CDU/CSU bloc, expects that Greece is certain to
make use of the facility. "I firmly expect that Greece will need help,"
Barthle told German business daily Handelsblatt in an interview
published Tuesday. Th CDU/CSU parliamentary group has no problems with
the aid package proposed to Greece by Eurozone Finance Ministers on
Sunday, he suggested. "We can all live with that," the parliamentarian
said. Barthle said that Germany would even profit from handing out loans
to Greece. Given that Greece would likely have to pay an interest rate
of 5% on the loan "this would be a good deal," he noted.

Provided by: Market News International
Trade on your own risk Plan your trade&trade your plan dont be a
  • #224,642
  • Apr 13, 2010 2:02am Apr 13, 2010 2:02am
sorry guys. im going long. just coz my system says so. i could be wrong. trade safe always
  • #224,643
  • Apr 13, 2010 2:03am Apr 13, 2010 2:03am
Here we go, something *is* happening. At last.
  • #224,644
  • Apr 13, 2010 2:03am Apr 13, 2010 2:03am
Quoting kuroro001
Morning guys,

Still waiting for 1.3530...then 1.3500 to go long ...Still holding a short at 1.3605 which is about to get stopped

EDIT : stopped ...
An hour before I had the same point of view but now I am sure that euro will not come in the area of 1.3530 SO long euro is good option but the area for long1.3588 now
  • #224,645
  • Apr 13, 2010 2:06am Apr 13, 2010 2:06am
Quoting thelws
sorry guys. im going long. just coz my system says so. i could be wrong. trade safe always
yeah man, let's go. i wish green pips be with you.
Follow the rules and be successful.
  • #224,646
  • Apr 13, 2010 2:07am Apr 13, 2010 2:07am
Quoting kuroro001
By looking at the last M30 candle it's trying to go up and take out the last spike at 1.3616...a move above it and retracement towards 1.3600 will make me try a little long for a 1.3700 tp
sorry corrected # 1.3666 not 1.3566.
expect lower one 1.3634 first.
fontu
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #224,647
  • Apr 13, 2010 2:07am Apr 13, 2010 2:07am
Quoting thelws
sorry guys. im going long. just coz my system says so. i could be wrong. trade safe always
Not a bad choice. Unfortunately, my trading style doesn't allows me to do it (counter-trend at this price level).

Will sit out the trip to the mountains, I prefer the rollercoaster trip down.

Hope to enter my shorts at 3665-90 and above 3700+
  • #224,648
  • Apr 13, 2010 2:07am Apr 13, 2010 2:07am
Quoting malcolmb14
gu 1.5380 is s/r line on 4 hour , look for break out this line. range is 140 pip , assume 120 for take profit . So buy break out 1.5380 ish tp 1.5500 ish .

If 1.5380 does not hold then we see 140 pip move down. 1.5240

Just have to see what ftse does at open
Yea, was thinking the same but how does vsa look like in terms of buyers and sellers?

Btw miss u in the other thread.
  • #224,649
  • Apr 13, 2010 2:15am Apr 13, 2010 2:15am
Quoting Trading Cat
I was going to do the same but it seems the pivot is not strong today will wait a little and see how 15min closes and even the next one.
Will not short here at pivot (3611-16) Have my pendings still in place 3624 and 3565. We did break out of the triangle finally, but pivot acts like glue no idea which way it'll go thats why both directions pendings...
Trade on your own risk Plan your trade&trade your plan dont be a
  • #224,650
  • Apr 13, 2010 2:17am Apr 13, 2010 2:17am
who's selling JPY?
  • #224,651
  • Apr 13, 2010 2:20am Apr 13, 2010 2:20am
What the heck was that - false alarm?
Back to 3600, back to sleep.
  • #224,652
  • Apr 13, 2010 2:22am Apr 13, 2010 2:22am
Quoting essenza
who's selling JPY?
I bought usd/jpy at S2 and closed it at DP...which ain't bad for 15 minutes! Not really my style, but hell, I'll take it!
Doing what you like is Freedom. Liking what you do is Happiness.
  • #224,653
  • Apr 13, 2010 2:24am Apr 13, 2010 2:24am
Quoting Trading Cat
hey
Hatch look at your charts and tell me what u see??? Of cos they write its ranging cos it is ranging hahaha and yes you are correct it got a little bit narrow now we'll see where it will break out, hopefully without any fake outs.
Good trading to you mate,
TCat
seems my hope was for nothing at least the pivot got touched should we go down to S1 and S2 now??
Trade on your own risk Plan your trade&trade your plan dont be a
  • #224,654
  • Apr 13, 2010 2:25am Apr 13, 2010 2:25am
hope so... already set BE

Quoting Trading Cat
seems my hope was for nothing at least the pivot got touched should we go down to S1 and S2 now??
  • #224,655
  • Apr 13, 2010 2:29am Apr 13, 2010 2:29am
Quoting lowem
What the heck was that - false alarm?
Back to 3600, back to sleep.

current 30 m canddle is only three pips above previous... it will take a few consecutive higher close higher high canddles to convince that the 1.358 -1.3625 level is seriously breached..
Andreyou
  • #224,656
  • Apr 13, 2010 2:37am Apr 13, 2010 2:37am
it closed the "W" with a "Shooting Star", now everybody buckleup and hold on couse we`ll try to close the gap.

see ya down there.
Attached Image (click to enlarge)
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  • #224,657
  • Apr 13, 2010 2:38am Apr 13, 2010 2:38am
Tempting to take a long .... but better wait for a 30mn-1h close before taking a position
London likes moving during this period ... but if the 30mn is staying like that on low vol and tiny range i'll go for long towards 1.3700
Patience patience
COT: The precious data ignored
  • #224,658
  • Apr 13, 2010 2:43am Apr 13, 2010 2:43am
Watch UJ Breakout, long @ 92.92
  • #224,659
  • Apr 13, 2010 2:47am Apr 13, 2010 2:47am
Quoting kuroro001
Tempting to take a long .... but better wait for a 30mn-1h close before taking a position
London likes moving during this period ... but if the 30mn is staying like that on low vol and tiny range i'll go for long towards 1.3700
Patience patience
I'm short both Eu and GU since yesterday & adding more...
  • #224,660
  • Apr 13, 2010 2:48am Apr 13, 2010 2:48am
Euraud start selling & perhaps eu next .
fontu
Attached Image
Not understand?better not follow my analyses!doubt clearer first, risks ++
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