EURUSD

1.133x ?

Would be short now.

Tsipras & Merkel phone discussion did not go well. Tsipras is now welcoming the Chinese fleet in Piraeus.

"Greek PM Alexis Tsipras on board Chinese Navy Fleet
In an unprecedented move that sends clear messages to Brussels that "Greece is not alone", Prime Minister Alexis Tsipras, will attend the ceremony to accommodate ships of the 18th Fleet of the People's Republic of China, that have arrived at the port of Piraeus, and participate in international operations against piracy.

It is the first time that Greek Prime Minister will attend such a ceremony and symbolism of the presence is enormous, while negotiations with Brussels are at "zero point". China as a member of the BRICS has agreed to be borrowed by Greece and support the banking system, as reported three days ago the Russian state network Russia Today.

Admiral Zhang Chuanshu will welcome PM Alexis Tsipras on board amphibious ship CHANGBAI SHAN 989 at 19:30 local time.

Read more at http://www.liveleak.com/view?i=9ad_1424355392#3IK5s7F3HBLoEi8q.99"

Earlier today the Slovak & Estonian PM's said they are not afraid of Grexit, while news from Italy say that their Minister of Economics is not participating in Eurogroup today due to a rumored meeting for the preparation for Grexit.

Nice Ken.

Well I guess this is the moment when you say: CHECKMATE B*TCHEZ

http://www.shippingherald.com/Admin/...-scrapped.aspx

http://news.yahoo.com/photos/chinas-...--finance.html

The fastest entrance to EU for their ships. They plan to develop part of the railway as well for forwarding to North Europe.

Rofl, thats hillarious

Time to slap the bitche one more time. Something is wrong. Below a copy of the official letter sent to the commission.

BRUSSELS, Feb 19 (Reuters) - Following is the text of a letter sent by Greek Finance Minister Yanis Varoufakis to his Dutch counterpart Jeroen Dijsselbloem, president of the Eurogroup of euro zone finance ministers. The letter was seen by Reuters on Thursday:

"Athens, February 18, 2015
Dear President of the Eurogroup,
Over the last five years, the people of Greece have exerted remarkable efforts in economic adjustment. The new government is committed to a broader and deeper reform process aimed at durably improving growth and employment prospects, achieving debt sustainability and financial stability, enhancing social fairness and mitigating the significant social cost of the ongoing crisis.

The Greek authorities recognise that the procedures agreed by the previous governments were interrupted by the recent presidential and general elections and that, as a result, several of the technical arrangements have been invalidated. The Greek authorities honour Greece's financial obligations to all its creditors as well as state our intention to cooperate with our partners in order to avert technical impediments in the context of the Master Facility Agreement which we recognise as binding vis-a-vis its financial and procedural content.

In this context, the Greek authorities are now applying for the extension of the Master Financial Assistance Facility Agreement for a period of six months from its termination during which period we shall proceed jointly, and making best use of given flexibility in the current arrangement, toward its successful conclusion and review on the basis of the proposals of, on the one hand, the Greek government and, on the other, the institutions.

The purpose of the requested six-month extension of the Agreement's duration is:
(a) To agree the mutually acceptable financial and administrative terms the implementation of which, in collaboration with the institutions, will stabilise Greece's fiscal position, attain appropriate primary fiscal surpluses, guarantee debt stability and assist in the attainment of fiscal targets for 2015 that take into account the present economic situation.
(b) To ensure, working closely with our European and international partners, that any new measures be fully funded while refraining from unilateral action that would undermine the fiscal targets, economic recovery and financial stability.
(c) To allow the European Central Bank to re-introduce the waiver in accordance with its procedures and regulations.
(d) To extend the availability of the EFSF bonds held by the HFSF for the duration of the Agreement.
(e) To commence work between the technical teams on a possible new Contract for Recovery and Growth that the Greek authorities envisage between Greece, Europe and the International Monetary Fund which could follow the current Agreement.
(f) To agree on supervision under the EU and ECB framework and, in the same spirit, with the International Monetary Fund for the duration of the extended Agreement.
(G) To discuss means of enacting the November 2012 Eurogroup decision regarding possible further debt measures and assistance for implementation after the completion of the extended Agreement and as part of the follow-up Contract.
With the above in mind, the Greek government expresses its determination to cooperate closely with the European Union's institutions and with the International Monetary Fund in order: (a) to attain fiscal and financial stability and (b) to enable the Greek government to introduce the substantive, far-reaching reforms that are needed to restore the living standards of millions of Greek citizens through sustainable economic growth, gainful employment and social cohesion.
Sincerely,
Yanis Varoufakis
Minister of Finance
Hellenic Republic"

Yeh, really cool info. Now this is the exact reason why I keep on reading garbage written here.

closed 10% uj.. b.e others.. never got the full monty

I owe you a great big thanks, as well as I owe myself a pat on the back.

Goes to show that all you do does make a difference to those that put in the time...and I've only caught up to Jan 2012.

now lets see if the account can keep the same figures over the next 10 months. That'll be the real test

where would uj 116.33 put eu?

Hiya, dont get angry. Gator loves to joke most of the time... he also said porn yoga to me before and i just took it as a joke. you have a great understanding of fundamental and money flow, while he has a great understanding of technicals... you both should combine and make the ultimate green pips team. We dont blindly follow his calls... more likely we just check if his numbers are part of the "blueprint" in the charts. And compare his expectations to ours.

Gator, thanks for your analysis and guidance as always.

GU still bullish...so I may get a chance to short 5550-80 next week, I hope.

some of us catch little things such as these repeating patterns.. tell me a secret repeatable. that i can use. u caught on from being observant.. believe or not. its all there. (excluding things experience gives) so when people ask a question, the same question has been answered at an earlier date.

1.1620 thereabouts? Guessing... actually UJ fall may find dip buyers @ EMA 100 D1 116.6 atm for me.
Jobbing long and shorts on UJ btw.

Do u see .5520 as a valid R? Some of us do
If that fails, then maybe look for .5580 / .56xx just an opinion

For me gatorinla is a wizard of forex, his price levels are killing, pinpoint with bulls eyes. If some one looking for 100% future blue print of price level, be remember it is simply not possible, what we can calculate is only high probability area of price move/direction in a normal market condition, and gatorinla is master of this.
Job well done!!!!!!!!!

Why not long it from 1.536x to 1.55xx. Cause it is likely t6o fall before the rise and the slaughter down.

Subject to EURJPY - equities sell-off/panics/risk-on etc not easy to nail this one