Greek FinMin: Parliament Should Approve Measures Before Asian Mkts Open

Greek FinMin: Parliament Should Approve Measures Before Asian Mkts Open

From efxnews.com

Greece's finance minister Sunday said that parliament must approve the terms of a EUR130 billion bailout and associated reform package by midnight, and ahead of the opening of Asian financial markets early Monday. Speaking in a stormy parliamentary session on the reform measures, Evangelos Venizelos defended the government's decision to rush through the package under expedited parliamentary rules that restricted debate on the new measures to a single, 10-hour session. "That has to happen by tonight, in other words by Sunday midnight, so that by the early hours of Monday the financial and banking markets have got the ... (full story)

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Feb 12, 2012 9:04pm

Quoting jonahky7

Disliked

In my past comments, I talked about long to 1.32 and we reached it - reason was clear, cos ECB all geared up to rally euro, duh! But how much further then 1.33, I'm not too sure about it matey. Not sure if you really understand what I write before, if I tell you we'll reach 1.6 will you trust me??? Sometimes comments are here to take the mickey out of events. And events changes, lol. That's y I said open you eyes and look around and see with your brain and not behave like the greeks who use their bum to look at things.

There are new traders in...

Ignored

We are heading towards 1.3460 to 1.3510 at the moment but as rightly said and spikes will be reversed and retraced this greek drama will take long and they are sure gonna frustrate traders ( fundamental )

wawasalsa

Feb 12, 2012 3:09pm

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simply it is a theater show .they are involved in the game ,see what happen
in last friday last minute...it is just agame and the market will go as the big players want...no need to predict just follow them if you want gain some

Quoting 24bazar

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it sounds quit silly that greeks are working till midnight to ensure the up/down trend till asian session..

Ignored

wawasalsa

Feb 12, 2012 4:28pm

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convert !

Quoting greet

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why some brokers r open and some r not open yet, , i dnt knw whys that, its a start of a tradng day now but my broker nord fx still not open whereever i see that other broker lke forex club n go markets n open

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Scrat

Feb 12, 2012 3:43pm

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yeap, 1.36 coming once... coming twice... sold! to the gentleman in the corner.
looking forward to it.

chick3n420

Feb 12, 2012 3:29pm

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Fundamentals are quite strong right now. Be careful.

Quoting Aaryan

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YES LONG FOR EURO, Chart also says that I believe in chart hope Euro will test test 1.49 once again, as my indicator for Weekly chart is reversal from 1.49xxx, at this moment is Classic BULL reversal from last 1.26400

Ignored

Aaryan

Feb 12, 2012 12:42pm

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YES LONG FOR EURO, Chart also says that I believe in chart hope Euro will test test 1.49 once again, as my indicator for Weekly chart is reversal from 1.49xxx, at this moment is Classic BULL reversal from last 1.26400

Aaryan

Feb 12, 2012 1:24pm

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Quoting khanarsal

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bull shit chart thing bro news news news is goin on

Ignored

News are going to happen all the time, top authorities play their game, but we have to believe chart as that can only predict our equity, rest all depends on top authorities which fill their pocket

Aaryan

Feb 12, 2012 1:35pm

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Quoting jonahky7

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Good luck to your 1.49, lmao! Yes go empty your account

Ignored

ha ha let see who is right, but at 1.26 you have written one comment more than that figure , go and check your past comment , anyway why i am debating with you, chart will show us that way

Aaryan

Feb 12, 2012 2:37pm

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Quoting jonahky7

Disliked

In my past comments, I talked about long to 1.32 and we reached it - reason was clear, cos ECB all geared up to rally euro, duh! But how much further then 1.33, I'm not too sure about it matey. Not sure if you really understand what I write before, if I tell you we'll reach 1.6 will you trust me??? Sometimes comments are here to take the mickey out of events. And events changes, lol. That's y I said open you eyes and look around and see with your brain and not behave like the greeks who use their bum to look at things.

There are new traders in...

Ignored

My crystal ball is manuf in this Forex industries only, ha ha I understand your right suggestion, let see how new take ahead

Aaryan

Feb 12, 2012 10:54pm

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Quoting chick3n420

Disliked

Fundamentals are quite strong right now. Be careful.

Ignored

Thanks for your suggestion I will be careful, But Euro has to bail out because their is world economic pressure from all the country due to Euro crisis valuation for each country currency is coming down, But you will also believe that US is in more debts than EURO

Feb 12, 2012 12:30pm

LONG for EUR

Feb 12, 2012 11:52am

i am sure they will all passed this bill and euro will again go high. dnt short at this tme, maybe in long term euro is weak but we r not playng for 1 or 2 yrs criteria , most traders play short term so short term euro will rise

jonahky7

Feb 12, 2012 1:29pm

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Good luck to your 1.49, lmao! Yes go empty your account

Quoting Aaryan

Disliked

YES LONG FOR EURO, Chart also says that I believe in chart hope Euro will test test 1.49 once again, as my indicator for Weekly chart is reversal from 1.49xxx, at this moment is Classic BULL reversal from last 1.26400

Ignored

jonahky7

Feb 12, 2012 2:12pm

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In my past comments, I talked about long to 1.32 and we reached it - reason was clear, cos ECB all geared up to rally euro, duh! But how much further then 1.33, I'm not too sure about it matey. Not sure if you really understand what I write before, if I tell you we'll reach 1.6 will you trust me??? Sometimes comments are here to take the mickey out of events. And events changes, lol. That's y I said open you eyes and look around and see with your brain and not behave like the greeks who use their bum to look at things.

There are new traders in the forum and it's misleading comments that leads them to wept clean their money.

The Greeks, are likely to pass their vote tonight, unless there is another drama (which I think there will be), yes euro may spike but it will reverse, just trade carefully. Take long or short TP and don't be a fool.

If your chart is indeed 1.49, let me know where your crystal ball is manufactured, what warranty do you provide for the crystal ball

Quoting Aaryan

Disliked

ha ha let see who is right, but at 1.26 you have written one comment more than that figure , go and check your past comment , anyway why i am debating with you, chart will show us that way

Ignored

jonahky7

Feb 12, 2012 2:14pm

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News from their debate after taking freaking 10hours to get 300 fat ass to sit down (do you expect long to 1.49 with this???):

. Greek Opposition Leader: Today We Vote For Wrong Policies But Also Crucial Haircut

.Greek Opposition Leader: Greek Program Hasn't Worked

. Greatest joke - Samaras: Recovery and growth will lead out of crisis

. SAMARAS SAYS TO CHANGE GREECE WE MUST EXIST AS A COUNTRY

. SAMARAS SAYS UNCONTROLLED DEFAULT TO LEAD TO LOOTING OF GREECE - as opposed to what?

. Athens in flames I used to work in tanea in Christou Lada&Stadiou,in the center.Now,the square no longer exists.Flaming

jonahky7

Feb 12, 2012 3:04pm

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Precisely, you nail the right point that many here failed to see and thinking of further north!!! It's a drama waiting to unfold. Long or short - just follow accordingly with the circus.

News just in:

Spyros Kouvelis, ex minister, just announced he won't participate in vote,is leaving Pasok&politics

Quoting 24bazar

Disliked

it sounds quit silly that greeks are working till midnight to ensure the up/down trend till asian session..

Ignored

jonahky7

Feb 12, 2012 4:02pm

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it's still quite split at the moment. The votes are overdue, a midnight vote - very fishy and strange.

Quoting 24bazar

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they can still vote against.. they are greeks.. they burn athens themselves.. for no reason

Ignored

this is not impossible, lol, there is someone who called for 1.49 in this forum, lmao lol!!!!

Quoting wawasalsa

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oh no! not again

Ignored

jonahky7

Feb 12, 2012 4:20pm

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. Greek Parliament is now voting

Take your pick long or short lol - finally they are voting!!!!! Notice they only vote after the market opens!!!!!!! Slimey bastards they are - insiding trading for sure!

greet

Feb 12, 2012 4:26pm

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why some brokers r open and some r not open yet, , i dnt knw whys that, its a start of a tradng day now but my broker nord fx still not open whereever i see that other broker lke forex club n go markets n open

wawasalsa

Feb 12, 2012 1:33pm

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not even in dream 1.33 is the top at least for 2 mounth

wawasalsa

Feb 12, 2012 3:27pm

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by the way just make (sho-ng) and you will be happy

wawasalsa

Feb 12, 2012 3:56pm

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Quoting mima

Disliked

1.36

Ignored

oh no! not again

wawasalsa

Feb 12, 2012 4:16pm

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what aborring speach,i wonder if most of them are sleeping ...or in Complete powers of there mentality i think they will revotebecause of that

wawasalsa

Feb 12, 2012 4:24pm

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paragalo paragalo paragalo ...i think it means please

wawasalsa

Feb 12, 2012 4:30pm

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that was the fastet 25 pips for me

Trader#CCC3

Feb 12, 2012 12:17pm

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All of europe needs a weak euro to survive. If the euro doesnt weaken then Greeces problems will return. Greece received over 100Billion euro in bail out last year too, however this year again they are in problems.

Now due to tough austerity measures, their GDP will fall which is why they probably wont be able to reduce their debts. Infact this will happen for all euro countries asides Germany and france(maybe france isnt doing too good either).

Hence in order for these austerity measures to work these countries need a devalued currency.