EURUSD | Page 48164 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD, USD/CHF

Similar Threads

MT4: how to change "EURUSD" to "#EURUSD"? 3 replies

Re: EurUsd short term 15 replies

did oanda just drop its spread for eurusd to 1 pip? 11 replies

EA for multiple lot limit order for EURUSD 0 replies

NFP nice bump up on EURUSD 2 replies

Attachments: EURUSD
Exit Attachments

EURUSD

  • #963,261
  • Feb 24, 2015 8:42am Feb 24, 2015 8:42am
Official statement:

"The Eurogroup today discussed the first list of reform measures presented by the Greek authorities, based on the current arrangement, which will be further specified and then agreed with the institutions at the latest by the end of April. The institutions [IMF/ECB/EU] provided us with their first view that they consider this list of measures to be sufficiently comprehensive to be a valid starting point for a successful conclusion of the review.

We therefore agreed to proceed with the national procedures with a view to reaching the final decision on the extension by up to four months of the current Master Financial Assistance Facility Agreement.

We call on the Greek authorities to further develop and broaden the list of reform measures, based on the current arrangement, in close coordination with the institutions in order to allow for a speedy and successful conclusion of the review."

Sounds like the troika is keeping Greece under supervision...
  • #963,262
  • Feb 24, 2015 8:44am Feb 24, 2015 8:44am
Quoting janpec1000
{quote} Exactly thats why i am wondering how much dovish can FED meeting really get, i don't expect it really... at worst case 50 pips USD negative ,,,
No no no...we are talking FED and major leagues here mate. FED can be very dovish. Any confirmation/hint that the FED will push hikes till 2016 and we may get euro to 1.20xx in less time than in took to sell off in the last leg...

The FED is digging a deep hole with hikes, they are crossing the line from proper monetary [in]decision to get hostage of markets and a increasing "moral hazard" for hiking rates... I wouldn't dismiss any CB, especially when rates are screaming for a clear path.

Lets see how it pans out, but I am tracking very very closely the FED until next meeting....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #963,263
  • Feb 24, 2015 8:45am Feb 24, 2015 8:45am
Well, those Aussies didnt enjoy long on air and again went scuba. They´r soon gonna be pro and make a scuba licence. - But, Oil finally tested 49,511 for second time. Hope it falls from here
"I know one thing, that I know nothing." Sokrates
  • #963,264
  • Feb 24, 2015 8:47am Feb 24, 2015 8:47am
Quoting sisse
{quote} Any confirmation/hint that the FED will push hikes till 2016 and we may get euro to 1.20xx in less time than in took to sell off in the last leg...

You know my thinking, been going on about 2016 all year. I go as far as Q2
A contrarian; I always disagree.
  • #963,265
  • Feb 24, 2015 8:48am Feb 24, 2015 8:48am
Quoting amgm2609
Official statement: "The Eurogroup today discussed the first list of reform measures presented by the Greek authorities, based on the current arrangement, which will be further specified and then agreed with the institutions at the latest by the end of April. The institutions [IMF/ECB/EU] provided us with their first view that they consider this list of measures to be sufficiently comprehensive to be a valid starting point for a successful conclusion of the review. We therefore agreed to proceed with the national procedures with a view to reaching...
It is interesting how it will be evaluated, I expect that Germany will try to convince others finally to accept this deal, but I may be wrong
  • #963,266
  • Feb 24, 2015 8:50am Feb 24, 2015 8:50am
Quoting OnlineAddict
Looks like a good long at 1317, but don't do what I say. EDIT: Now is the time to set the SL, 5 pips is more than enough, target 1367.
nice grab..
Look Sharp/Trade Tight
  • #963,267
  • Feb 24, 2015 8:51am Feb 24, 2015 8:51am
Quoting sisse
{quote} No no no...we are talking FED and major leagues here mate. FED can be very dovish. Any confirmation/hint that the FED will push hikes till 2016 and we may get euro to 1.20xx in less time than in took to sell off in the last leg... The FED is digging a deep hole with hikes, they are crossing the line from proper monetary [in]decision to get hostage of markets and a increasing "moral hazard" for hiking rates... I wouldn't dismiss any CB, especially when rates are screaming for a clear path. Lets see how it pans out, but...
If we get dovish, but don't get this- then 1420/40/60 are all in range.

If she pushes to 2016- I'm staying the fuck out until the nuclear fallout settles. Not at my charts, but 1.2xxx looks to be around 50% of the latest leg down.
  • #963,268
  • Feb 24, 2015 8:53am Feb 24, 2015 8:53am
"Hold the euphoria. The International Monetary Fund has written to the eurogroup, criticising elements of the Greek government’s reform plans."

Christine Lagarde says that:
"Whilst the authorities list is comprehensive, it is not very specific, which is perhaps to be expected considered the government is new in office.
We note in particular that there are neither clear commitments to design and implement the envisaged comprehensive pension and VAT policy reforms nor unequivocal undertakings to continue already-agreed policies for opening up closed sectors, for administrative reforms, for privatisation, and for labour market reforms."

She ain't happy... IMF will stir some more sh*t to this telenovela.
  • #963,269
  • Feb 24, 2015 8:54am Feb 24, 2015 8:54am
Interesting discussion going on right here... a dovish Janet. BLood shed if she goes more dovish today.
Fall in love with the process, and the outcome takes care of itself.
  • #963,270
  • Feb 24, 2015 8:56am Feb 24, 2015 8:56am
Quoting Pharm0r
{quote} If we get dovish, but don't get this- then 1420/40/60 are all in range. If she pushes to 2016- I'm staying the fuck out until the nuclear fallout settles. Not at my charts, but 1.2xxx looks to be around 50% of the latest leg down.
If you are planning to trade the FED, trade the swing not the knee jerk reactions ...as you will get a lot better bang for the buck ...my 2 cents

Today we are just looking for small different hints from the last meeting nothing else ... the key to play the FED is via the swing on Monthly/Weekly and with a trigger on the FED meeting ...not today ...

In any case, a calm opening range complete...let see if we get a mover today after news...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #963,271
  • Feb 24, 2015 8:56am Feb 24, 2015 8:56am
Think that Dax hedge is pretty good, whatever outcome.
"I know one thing, that I know nothing." Sokrates
  • #963,272
  • Feb 24, 2015 8:58am Feb 24, 2015 8:58am
Quoting Citiboy
Small intra day long again at 1.1305, Stops at 1.1295 and 1.1280. Picked up some CAD, NZD and AUD as well, USD move seems slightly premature given the big risks lined up for Yellen later. If we crack 1.1280 in EURUSD all bets are off an I'd go long USD again.


Going flat for Yellen, waiting for EUR to breakout.... Want to see if she comments on Dollar strength like the FOMC mins
Twitter: @TrendersGame
  • #963,273
  • Feb 24, 2015 9:00am Feb 24, 2015 9:00am
...watch out the floor ...semi hawkish FED....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #963,274
  • Feb 24, 2015 9:02am Feb 24, 2015 9:02am
Quoting OnlineAddict
Looks like a good long at 1317, but don't do what I say. EDIT: Now is the time to set the SL, 5 pips is more than enough, target 1367.
Ah well...It was worth the risk of 5 pips, though. Staying rather out until asian...
Everyone can see the chart, but only a few can actually read it.
  • #963,275
  • Feb 24, 2015 9:02am Feb 24, 2015 9:02am
Janet yellen speech text http://www.federalreserve.gov/newsev...n20150224a.htm
  • #963,276
  • Feb 24, 2015 9:03am Feb 24, 2015 9:03am
Quoting sisse
...watch out the floor ...semi hawkish FED.... sisse
Granny got balls
"I know one thing, that I know nothing." Sokrates
  • #963,277
  • Feb 24, 2015 9:04am Feb 24, 2015 9:04am
Cmon you dirty slug drop the floor already.
  • #963,278
  • Feb 24, 2015 9:04am Feb 24, 2015 9:04am
Quoting Tom_D_Trader
{quote} Granny got balls

Just wait for the dollar to come back right where it started, then we can trade the result.
A contrarian; I always disagree.
  • #963,279
  • Feb 24, 2015 9:06am Feb 24, 2015 9:06am
"The FOMC's assessment that it can be patient in beginning to normalize policy means that the Committee considers it unlikely that economic conditions will warrant an increase in the target range for the federal funds rate for at least the next couple of FOMC meetings. If economic conditions continue to improve, as the Committee anticipates, the Committee will at some point begin considering an increase in the target range for the federal funds rate on a meeting-by-meeting basis. Before then, the Committee will change its forward guidance. However, it is important to emphasize that a modification of the forward guidance should not be read as indicating that the Committee will necessarily increase the target range in a couple of meetings. Instead the modification should be understood as reflecting the Committee's judgment that conditions have improved to the point where it will soon be the case that a change in the target range could be warranted at any meeting. Provided that labor market conditions continue to improve and further improvement is expected, the Committee anticipates that it will be appropriate to raise the target range for the federal funds rate when, on the basis of incoming data, the Committee is reasonably confident that inflation will move back over the medium term toward our 2 percent objective.
It continues to be the FOMC's assessment that even after employment and inflation are near levels consistent with our dual mandate, economic conditions may, for some time, warrant keeping the federal funds rate below levels the Committee views as normal in the longer run. It is possible, for example, that it may be necessary for the federal funds rate to run temporarily below its normal longer-run level because the residual effects of the financial crisis may continue to weigh on economic activity. As such factors continue to dissipate, we would expect the federal funds rate to move toward its longer-run normal level. In response to unforeseen developments, the Committee will adjust the target range for the federal funds rate to best promote the achievement of maximum employment and 2 percent inflation."
  • #963,280
  • Feb 24, 2015 9:06am Feb 24, 2015 9:06am
Quoting goldfinch
{quote} Just wait for the dollar to come back right where it started, then we can trade the result.
Am floating and having fun, no stress here. Got cut a bit on GU long :/ forget to dodge SL. But Yens rock, took few profits and am prepared for Dax.
"I know one thing, that I know nothing." Sokrates
559 traders viewing now