EURUSD

Now that we have seen the high for the week (and for the year?), it seems safe to short some more.

... and later with the news about Greece getting the bailout funds price pops to 1.3360.... I am flat today on EUR/USD but made good pips already on GBP/USD

Important dates;

Feb 20
- Euro zone finance ministers (the Eurogroup) to take a decision whether to grant Greece the second financing programme.
- This decision will open the way for euro zone countries to approve higher guarantees for the euro zone's temporary bailout fund, the European Financial Stability Facility (EFSF), which will need to raise money on the market to finance the bailout.
- Preliminary Eurogroup discussion of whether to allow the 440-billion-euro EFSF and the 500-billion-euro permanent bailout fund, the European Stability Mechanism, to run in parallel, nearly doubling the euro zone's bailout capabilities.
Feb 21-22
- If the Eurogroup gives its go-ahead on Monday, Greece will be able to launch a debt restructuring offer, inviting private investors to swap around 200 billion euros of Greek government bonds they hold for new ones worth around half as much.
Feb 23-24
- Finnish parliament likely to debate package in order to approve higher EFSF guarantees.
Feb 24-26
- Finance ministers and central bank governors from the world's 20 biggest economies, meeting in Mexico, to discuss providing more funds for the International Monetary Fund. G20 countries have signalled that they will only agree to increase IMF funds if euro zone countries allow the ESM and the EFSF to run alongside to boost the euro zone's bailout capacity.
Feb 27
- German parliament to vote on bailout package and use of the EFSF to secure new Greek bonds.
March 1-2
- EU summit, which will decide, among other things, whether to allow the ESM and EFSF to run in parallel, boosting the bailout capacity of the euro zone. Leaders may also be give their imprimatur to the second Greek package.
March 8
- The last day to sign up for Greek bond swap offer.
March 9
- Responses from investors concerning the bond swap offer are processed.
March 10-11
- The actual swapping of Greek bonds for new, longer-dated securities with a lower coupon takes place.
March 12-13
- Euro zone and EU finance ministers meet.
March 20
- Greece is due to repay 14.5 billion euros of debt. If the bond swap goes ahead, this would be covered, meaning Athens will avoid defaulting on this payment.
March 30-31
- Informal meeting of euro zone and EU finance ministers and central bank governors in Copenhagen.
April 20-22
- IMF meeting in Washington on bigger IMF resources
http://www.reuters.com/article/2012/...81J0LW20120220

h1 - 0,815 fibo of last down trend.

btw, so small liquidity. everyone w8 for grece....

Funny things is it's being bought at the end of every hours.
It's like someone is trying to manipulate the close of every 60mn candles.

maybe some robot of big boys trying to push the market in the expected direction

There's still time to test 3300

Don't worry. Its just the butcher blindfolding the sheep before execution.

Maybe, but in my opinion any stop @ 1.3350 will not get hit.

For my latest short I have a sl very tight @ 1.3278

But where will be end of this move? If will break 1.3320, it isn´t good for shorts.

I like your play but would be surprised either if your sl was hit. GL
btw, I'm short also and will short some more if it goes to around 33

And tl?

stop hit, looking for a better place to short

If you were assigned a task to buy some amount. Would you buy at the start, or at the end of each bar?

will enter short only if it crosses 33 with 25 pip stoploss that too if there is no good news from the deal lol

i suspect that critic moment will be when price reach 1,3287, then 1,3320.

i about single bounce, spike to 1,3287.

my tp is in the middle 1.33 !!

And you have 10+ votes by playing "GAPS"

Large H&S formation of EURUSD suggest that we are just retesting the neckline bfor bigger moves.. but there cud be more time bfor the reversal...