At the moment, absolutely no idea. No reason for someone to post that EU Commission denies the Greek aid as a rumour, unless of course someone circulated the previous rumour of the Greek aid being finalized just to take out the 1.45 barrier.
err..wrong purple box, got some crumbs out of it...bastards....
whos long? re-short 4469
you get to choose the bar...
It doent say aid is denied, it says Commission denies "agreement" on new Greek aid plan. Now we have to go figure what it means
It doent say aid is denied, it says Commission denies "agreement on aid". Now we have to go figure what it means
dont worry 1.45 will be reached soon enough now if 1.45 is cleared the next area of resistance is at 1.4568, keep this in mind, for today... but i very much doubt it can get that far...
So so ... was er nicht sagt ...
And so castles made of sand ... melt down to the ground eventually ...
;-|
If you ever have been in Brussels, you will know that not even the cleaners work on the EU commission at 9PM and in a Holiday... In fact do they ever work? ....
in any case, don't see why look for externalities in the last move down after a 200 tick rally.
Many here has mentioned since monday, 1.448x was daily/weekly resistance and they clearly rise the ask (stop running if you want) and back below that level but this time the next test of this area is clean meaning a further move up is wide open now....just my 2 cents.
sisse
Yes, that is true.
But the markets never check for validity, or the time or even whether it's a public holiday.
They execute first, and then think of the reasons later.
If you ever have been in Brussels, you will know that not even the cleaners work on the EU commission at 9PM and in a Holiday... In fact do they ever work? ....
in any case, don't see why look for externalities in the last move down after a 200 tick rally.
Many here has mentioned since monday, 1.448x was daily/weekly resistance and they clearly rise the ask (stop running if you want) and back below that level but this time the next test of this area is clean meaning a further move up is wide open now....just my 2 cents.
sisse
Yes, because previously news was released that there was an agreement in place for the Greece aid plan.
Not sure if I want to be bullish here. With the 1.45 barrier taken out, the NFP tomorrow, and if EU announces after tomorrow's meeting that there's no agreement yet, plus the traditional risk-off Friday, we could slide very quickly down 300 pips or so.
If I am a gambler, there is more risk taking an upside position, as to a downside position.
