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EURUSD

  • #597,521
  • Feb 20, 2012 8:43pm Feb 20, 2012 8:43pm
My guess is the drop is some traders that had gone long in expectation of the greek debt deal being completed by now have closed off position before asia lunch
+ other traders targeting the stops below 3200 of everyone else who went long in expectation of the debt deal being complete
  • #597,522
  • Feb 20, 2012 8:46pm Feb 20, 2012 8:46pm
Quoting motoro
the meeting is over? seems some really bad news.1.3190 now as i type
comedians fail to entertain market

did they manage to entertain ?
Mohan
  • #597,523
  • Feb 20, 2012 8:47pm Feb 20, 2012 8:47pm
goddamn eu trying its hardest not to fall, probably because retailers bearish on EJ still.
  • #597,524
  • Feb 20, 2012 8:50pm Feb 20, 2012 8:50pm
What the H
  • #597,525
  • Feb 20, 2012 8:50pm Feb 20, 2012 8:50pm
Quoting havaiana
My guess is the drop is some traders that had gone long in expectation of the greek debt deal being completed by now have closed off position before asia lunch
+ other traders targeting the stops below 3200 of everyone else who went long in expectation of the debt deal being complete
I think you are correct, the question becomes do we get any news tomorrow or is there more delay,
  • #597,526
  • Feb 20, 2012 8:51pm Feb 20, 2012 8:51pm
Quoting mercy seat
We will re-enter at higher levels again possibly ...

As we think it will go lower later ...

Otherwise we still have enough on board ...




;-|

Anyway ... we do expect lower reaction ...

Even below 1.3186 ... which represents aprox. DPS1 zone currently ...

Maybe a move towards 1.3139 ...

Even much lower cannot be ruled out ...





;-|
2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts
  • #597,527
  • Feb 20, 2012 8:51pm Feb 20, 2012 8:51pm
Quoting mohan76
comedians fail to entertain market

did they manage to entertain ?
what have just happen bro?
Patience, Emotion Control and Discipline.
  • #597,528
  • Feb 20, 2012 8:52pm Feb 20, 2012 8:52pm
So...um....yeah....wth?
  • #597,529
  • Feb 20, 2012 8:52pm Feb 20, 2012 8:52pm
wow what just happened? instant TP hit @ 1.323 with 30+ pips to spare
  • #597,530
  • Feb 20, 2012 8:54pm Feb 20, 2012 8:54pm
Quoting sidhujag
goddamn eu trying its hardest not to fall, probably because retailers bearish on EJ still.
Knew something was up!
  • #597,531
  • Feb 20, 2012 8:54pm Feb 20, 2012 8:54pm
That was effin ridiculass
  • #597,532
  • Feb 20, 2012 8:55pm Feb 20, 2012 8:55pm
hope u guys bought the dip on euro and audusd...i did and made a quick 40 pips on audusd...
  • #597,533
  • Feb 20, 2012 8:55pm Feb 20, 2012 8:55pm
Well that sucked, +80 pips turned into +5 pretty quickly haha... stopped out

Attached Image (click to enlarge)
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"Don't Panic..."
  • #597,534
  • Feb 20, 2012 8:57pm Feb 20, 2012 8:57pm
Quoting Halifax
Well that sucked, +80 pips turned into +5 pretty quickly haha... stopped out

Attachment
Well you got +5, I'm out at BE.
  • #597,535
  • Feb 20, 2012 8:57pm Feb 20, 2012 8:57pm
well that took out my stops, thankfully stops were pretty tight
  • #597,536
  • Feb 20, 2012 8:58pm Feb 20, 2012 8:58pm
Quoting johncen
what have just happen bro?
news on wire while i was on phone (:


Tuesday, Feb 21, 2012 01:50 PM
. . . . . . . . . . . . . . . . . . . . . . . . .
EURO ZONE FINANCE MINISTERS REACH DEAL ON GREEK PACKAGE, FINANCING TO TOTAL 130 BLN EUROS, DEBT-TO-GDP TO FALL TO 121 PCT BY 2020 - EU OFFICIAL


i hope detail will bring pair down
Mohan
  • #597,537
  • Feb 20, 2012 8:58pm Feb 20, 2012 8:58pm
Quoting 3in1coffee
wow what just happened? instant TP hit @ 1.323 with 30+ pips to spare
same here! was surprise of the super bull! hope it does not fall as fast.

but what news was that?
  • #597,538
  • Feb 20, 2012 9:01pm Feb 20, 2012 9:01pm
Quoting Yaad
Well you got +5, I'm out at BE.
I feel your pain .

I was expecting news to come out a bit later on, but +5 is better than -40... I just have a feeling that it's going to start dropping again soon though heh.
"Don't Panic..."
  • #597,539
  • Feb 20, 2012 9:02pm Feb 20, 2012 9:02pm
Quoting mohan76
news on wire while i was on phone (:


Tuesday, Feb 21, 2012 01:50 PM
. . . . . . . . . . . . . . . . . . . . . . . . .
EURO ZONE FINANCE MINISTERS REACH DEAL ON GREEK PACKAGE, FINANCING TO TOTAL 130 BLN EUROS, DEBT-TO-GDP TO FALL TO 121 PCT BY 2020 - EU OFFICIAL


i hope detail will bring pair down

So that's all for the news? that's what everyone been waiting for?
  • #597,540
  • Feb 20, 2012 9:02pm Feb 20, 2012 9:02pm
Quoting motoro
same here! was surprise of the super bull! hope it does not fall as fast.

but what news was that?
Seems like the bailout plan got passed, not yet officially announced though... Most currencies rallied against USD in the past 5 mins...
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