EU official confirms no EU summit Sunday if Greece deal agreed at Eurogroup Saturday | Forex Factory

EU official confirms no EU summit Sunday if Greece deal agreed at Eurogroup Saturday | Forex Factory

EU official confirms no EU summit Sunday if Greece deal agreed at Eurogroup Saturday

#EU official confirms no #EU summit on Sunday if #Greece deal agreed at #Eurogroup meeting Saturday.
— Peter Spiegel (@SpiegelPeter) July 10, 2015

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Jul 10, 2015 2:24am

About that...well, most of us DON'T trade the weekends, so our session ends on Friday.

Honestly, this doesn't mean anything to us, except the massive spike it caused in the non-usd currencies. Good opprtunity to test a few shorts in my opinion, since the details of the news act outside our timeframes.

Just sold the cable and the geppy. I'm looking for a quick short to scalp.

Jul 10, 2015 3:27am

Quoting Vermillion

Disliked

About that...well, most of us DON'T trade the weekends, so our session ends on Friday.

Ignored

I'm trading *this* weekend.

My guess is, a gap up to 1.12210, if we don't do that before close.

Jul 10, 2015 2:59am

Quoting pumuckel

Disliked

Your right. But a Greece deal does mean a BETTER FUTURE for GREECE and all EU countries. Greece IS PART of the EU! Why throw out a family member? It's illogical. Now, we can see a deal and for sure it's the best solution for the EU, IMF, ECB, SNB. That's the truth.

Ignored

What are you smoking, homie?

Jul 10, 2015 3:08am

Quoting pumuckel

Disliked

Nothing, I just telling the truth. Go LONG EUR/USD, EUR/CHF. The salvation of Greece is the best solution for the EU, IMF, ECB, SNB.

Ignored

What do you call salvation - fixing debt by throwing more debt at it? Kind of like fighting fire with fire, huh? I'm sure Germany wholeheartedly agrees with you, that's why the deal is a slam dunk... and if there's a deal, then what - Greece is saved forever, just like the rest of Europe? Until a year from now the whole thing repeats like a broken record.

Seek therapy.

Jul 10, 2015 3:19am

Quoting pumuckel

Disliked

Salvation does mean that Greece remains in the EU and the Euro remains as currency in Greece. And Greece will pay back the money to Germany, little by little. This is a first step, maybe there is a agreement for a cut of their debt. BUT IMPORTANT IS, THST GREECE REMAINS IN THE EUROZONE AND THE EURO REMAINS THE CURRENCY IN GREECE.

Ignored

Let's see - you have 20 story comments total and every single one that I've read is an outlandish pile of unsubstantiated, poorly spelled hopium, based on nothing but "it is so because I say it's so" rhetoric. Yeah, we should take you seriously...

Jul 10, 2015 5:39am

Quoting Talzus

Disliked

Guys,

I wanna give you all a massive tip. IT DOESNT MATTER if the euro is long or short over the weekend. You're not buying currency, at best you're buying futures or CfD's (kind of). you're SPECULATING.

Before market close open a BUY STOP pending order and a SELL STOP pending order 30pips or so from the current price.

Ignored

Spread going up triggering your buy and sell order just after each other and you have a loss before the market even moved.

Jul 10, 2015 11:44am

Quoting pumuckel

Disliked

No, no, no. A deal with Greece means a better future for the Eurozone. It means that Germany get back her money and it's THE BEST SOLUTION FOR ALL. GREECE MUST STAY IN THE EUROZONE! There is no other solution. A 'Grexit' doesn't exist. This is why the salvation is the best thing for the EU.

Ignored

Not a penny coming back to Germany ever. To give more money means unforgivable stupidity and greed.

Jul 10, 2015 6:15pm

Quoting Talzus

Disliked

Guys,

I wanna give you all a massive tip. (...). you're SPECULATING.!!!!!

Lose the need to be right / predict/ control the market. Just make money, who cares if or why.

trade what is.

Ignored

Words of wisdom for all of us that must be uploaded into our mind setup. Only after many years of trading one can understand this.

Thanks man

Jul 10, 2015 3:57pm

Quoting Talzus

Disliked

a 60 pip spread?

I suppose it is possible, have to admit its never happened to me. ..

I guess you could open the pending order 45pips from current price. then you got 90 pip safety zone..

I trade like this a lot. I've never double triggered

Ignored

If there is a gap the order will be executed there, not where it was placed. So, if the gap gates filled the position is in negative territory.

A gap is no mans land. So, it may be better to do the opposite. It executes at the gap. But, if the price continues in that direction, than the the trade goes red.

Trading is a gamble.

Jul 10, 2015 3:14am

Quoting Vermillion

Disliked

About that...well, most of us DON'T trade the weekends, so our session ends on Friday.

Honestly, this doesn't mean anything to us, except the massive spike it caused in the non-usd currencies. Good opprtunity to test a few shorts in my opinion, since the details of the news act outside our timeframes.

Just sold the cable and the geppy. I'm looking for a quick short to scalp.

Ignored

You shorted Geppy? Its been bullish since I woke up 5 hours ago...

Jul 10, 2015 5:18am

Quoting PipsCrapper

Disliked

You seem not to be in agreement with trend. Even when Eur/Usd is going North you insist it'll hit 0.86. How? Are you working for the market movers to fool some traders or is there something hidden you might want to share with us outside what we know?

Ignored

I agree with pipscrapper here.

if you look at 5 year data, its clear that the current price is actually still in range. Slightly undervalued as opposed to the dollar that's slightly overvalued.

The FED have openly said that it doesn't want the USD to remain overvalued as it hurts them. Once the fundamentals die back down and the technicals start to re-align there is only one way for the euro to go.

No one can predict, just give best guess. For me, everything shouting return to EUR bull run.

I'm not saying now is the time to buy but it's 100% not the time to look short.

Maybe in the short term Greece may change this view, but med/long term I am long on this pair.

Jul 10, 2015 5:24am

Guys,

I wanna give you all a massive tip. IT DOESNT MATTER if the euro is long or short over the weekend. You're not buying currency, at best you're buying futures or CfD's (kind of). you're SPECULATING.

Before market close open a BUY STOP pending order and a SELL STOP pending order 30pips or so from the current price.

That way, it doesnt matter which way it goes, it will open the pending order in either direction and you will catch the movement.

you'd be very unlucky for it to trigger both, delete the pending order that doesn't trigger Sunday night.

Lose the need to be right / predict/ control the market. Just make money, who cares if or why.

trade what is.

Jul 10, 2015 5:49am

Quoting barkie

Disliked

Spread going up triggering your buy and sell order just after each other and you have a loss before the market even moved.

Ignored

a 60 pip spread?

I suppose it is possible, have to admit its never happened to me. ..

I guess you could open the pending order 45pips from current price. then you got 90 pip safety zone..

I trade like this a lot. I've never double triggered

Jul 13, 2015 2:27am

Quoting wapayon

Disliked

these statements as pre warning,,, he claimed that more than 10 years experience in forex,,, if so, why he was beg & asked me to buy his EA for 100$ because he need money due family in "hospital",,, if he is really experience and successful in forex, why he don't have money?

Ignored

Oh Oh I know!!!

cos he was talking through his arse!!

my EA is well better, 600% returns in a day or your money back!! only £199...

lol......

Please don't believe me

Jul 10, 2015 9:08am

[quote=Talzus;8374911]Guys,

Lose the need to be right / predict/ control the market. Just make money, who cares if or why.

True words!!!

Jul 10, 2015 9:10am

In practice nothing will change whatever the outcome.

Jul 10, 2015 6:17am

stay away.. but this the most tempting pair to trade

Jul 10, 2015 2:38am

Don't be surprised if EUR/JPY falls 1000+ pips if no deal.

Jul 10, 2015 3:04am

Anybody thinks they can find a solution in such short period of time? Wow.

Jul 10, 2015 3:07am

Agree. A deal is best for everybody for now. But they should work closer in the future. Otherwise just sit in separate chairs and desks.

Jul 10, 2015 2:47am

No, no, no. A deal with Greece means a better future for the Eurozone. It means that Germany get back her money and it's THE BEST SOLUTION FOR ALL. GREECE MUST STAY IN THE EUROZONE! There is no other solution. A 'Grexit' doesn't exist. This is why the salvation is the best thing for the EU.

Jul 10, 2015 2:56am

Your right. But a Greece deal does mean a BETTER FUTURE for GREECE and all EU countries. Greece IS PART of the EU! Why throw out a family member? It's illogical. Now, we can see a deal and for sure it's the best solution for the EU, IMF, ECB, SNB. That's the truth.

Jul 10, 2015 3:12am

Salvation does mean that Greece remains in the EU and the Euro remains as currency in Greece. And Greece will pay back the money to Germany, little by little. This is a first step, maybe there is a agreement for a cut of their debt. BUT IMPORTANT IS, THST GREECE REMAINS IN THE EUROZONE AND THE EURO REMAINS THE CURRENCY IN GREECE.

Jul 10, 2015 2:24am

If, if, if ...... I was planing to short on the EurDollar !

Jul 10, 2015 2:26am

they just move market for no reason...

Jul 10, 2015 6:51pm

Now it's just a matter of figuring out when to short EUR after it gaps up......I always hesitate to short anything tied to JPY because of BOJ massive printing......

Jul 10, 2015 4:19am

very tricky today, could be rising for the big gap and will be at a stable price of around 1.10 mark. who knows! lol

Jul 10, 2015 2:42am

Don't let this so-called "breaking news" mislead you in prevailing SELL EURO trend. Any spikes you see now are caused by temporary closure of majority of SELL EURO positions at such "breaking news". A deal with Greece means absorption of more problems in the Euro Zone and further weakening of Euro.

Jul 10, 2015 2:52am

Quoting pumuckel

Disliked

No, no, no. A deal with Greece means a better future for the Eurozone. It means that Germany get back her money and it's THE BEST SOLUTION FOR ALL. GREECE MUST STAY IN THE EUROZONE! There is no other solution. A 'Grexit' doesn't exist. This is why the salvation is the best thing for the EU.

Ignored

You must first feed a young cow before it grows up and produces milk.

Greece's economy MUST be revived before Germany can see repayment of debts.

A deal today DOES NOT mean "end to all current problems", unless a decent portion of Greece's total debts is immediately written off...as suggested by IMF.

Jul 10, 2015 2:55am

Quoting Inusforex

Disliked

Its still over the weekend, so why breaking news ?

Ignored

The markets might feel that the problem is over TODAY. That's why it could be breaking news for speculating traders today, and could explain UJ / stocks hike this morning.

Jul 10, 2015 3:01am

Quoting 50percent

Disliked

The markets might feel that the problem is over TODAY. That's why it could be breaking news for speculating traders today, and could explain UJ / stocks hike this morning.

Ignored

EURUSD, in particular, is on a GREAT DOWNTREND towards 0.86xxx - 0.80xxx. There is nothing which can stop this from happening...even a deal with Greece.

Jul 10, 2015 3:37am

EURUSD 2015 has failed to make a new high on Monthly chart. Having said that it's not made any new lows either - partly due to negative data out of the States.

There was an opportunity at the start of this week with that Inverted Hammer weekly candle stick formation (last weeks close) on near term support. So with the news of a deal with Greece - the speculators would be jumping for joy and Price has moved higher on that outcome. Will it sustain this momentum is another story
altogether.

Not been out of that 3 month range. Either way - sitting on the fence waiting for a better confirmation. Patiently waiting...

Jul 10, 2015 4:29am

Quoting Ejay

Disliked

I always knew grexit would never happen, a lot is at stake....

Ignored

Nothing has been decided officially up to now!
Anyway, it is going to be a long process unless the 18 break the rules for applying for help from the ESM.

Jul 10, 2015 4:34am

Quoting iumoren

Disliked

EURUSD, in particular, is on a GREAT DOWNTREND towards 0.86xxx - 0.80xxx. There is nothing which can stop this from happening...even a deal with Greece.

Ignored

You seem not to be in agreement with trend. Even when Eur/Usd is going North you insist it'll hit 0.86. How? Are you working for the market movers to fool some traders or is there something hidden you might want to share with us outside what we know?

Jul 10, 2015 6:03am

Don't know man if this deal is going to workout good for EU and Greece. I mean for the last 5 years on austerity and bailouts after bailouts and a fat haircut thrown in, Greece's economy really didn't take off and fly. So what's the difference in the next 5 years? Its going to be the same painful sore, bailout after bailout, negotiations and more negotiations, Greece will just go deeper and deeper into the abyss of debt and will never get out. Agreed if this deal works through it is not the end of the EU's problem or of Greece either; its a continuation of bigger ones to come.

Jul 10, 2015 2:06pm

Spain, Italy and Portugal must be celebrating this as they know now they can get their debt forgiven is Greece is allowed to get theirs written down. There are countries that are bottomless pits and Greece is one of them. Countvries better start living within their means.

Jul 12, 2015 9:34am

I remind you all not to buy anything from "iumoren",, you may see his feedback right here,,, https://www.mql5.com/en/users/comextradingllc/feedbacks
,,, a lot of people getting margin call & stop out with his EA ,,,

his big mouth promised 100% money back guarantee if EA not profit at least 100% (Agreement was profit 200% monthly),,, but when his EA making stop out in just 4 orders position, he denied to return money back,,, fu**ing crap money's scammer

Jul 13, 2015 2:09am

Quoting wapayon

Disliked

I remind you all not to buy anything from "iumoren",, you may see his feedback right here,,, https://www.mql5.com/en/users/comextradingllc/feedbacks
,,, a lot of people getting margin call & stop out with his EA ,,,

his big mouth promised 100% money back guarantee if EA not profit at least 100% (Agreement was profit 200% monthly),,, but when his EA making stop out in just 4 orders position, he denied to return money back,,, fu**ing crap money's scammer

Ignored

I always knew this iumoron is idiot, even I added him and skype and tried to make him understand that this kind of scams wont last long and instead of these scams he should work sincerely on trading and get clients with true intentions, but as a classic scammer he didn't understood, deleted my skype name and never bother to come back for chat again. those who are thing to do business with this person please be careful.

Jul 13, 2015 2:23am

these statements as pre warning,,, he claimed that more than 10 years experience in forex,,, if so, why he was beg & asked me to buy his EA for 100$ because he need money due family in "hospital",,, if he is really experience and successful in forex, why he don't have money?

Jul 10, 2015 6:47am

Greek´s Beggars are bending down................

Jul 10, 2015 4:14pm

Now ECB will need to QE even more lol

Jul 10, 2015 2:31am

don't worry bro

.......official confirmation doesn't come as early. all are busy with bargain to deal for them.

Jul 10, 2015 2:37am

I told you guys go LONG EUR/USD...;-)) and take the profit... :-)

Jul 10, 2015 2:41am

They will have a deal, no doubt. If not, they wouldn't hold a meeting on Saturday and Sunday. GREECE IS SAVED. Go LONG... :-)

Jul 10, 2015 3:02am

Nothing, I just telling the truth. Go LONG EUR/USD, EUR/CHF. The salvation of Greece is the best solution for the EU, IMF, ECB, SNB.

Jul 10, 2015 3:23am

Not me, but the market. ;-) wish you a successful and great day. :-)

Jul 10, 2015 2:28am

my take profits hit....now to wait for Monday..

Jul 10, 2015 2:19am

Its still over the weekend, so why breaking news ?

Jul 10, 2015 2:23am

time to make more money - any old excuse will do

Jul 10, 2015 2:27am

the market seems to be too sensitive. But it may cool down in 20 minutes.

Jul 10, 2015 3:08am

Quoting ffmonry

Disliked

they just move market for no reason...

Ignored

They just move market against us

Jul 10, 2015 3:27am

They're not family. They're beggar in city. Beggar never do good to economic.
However, if he become a labor that will do good to economic.

Jul 10, 2015 3:57am

I always knew grexit would never happen, a lot is at stake....

Jul 10, 2015 4:04am

Quoting Ease

Disliked

the market seems to be too sensitive. But it may cool down in 20 minutes.

Ignored

Dude eurusd just jumped like 200 pips..IS that your version of calm down?

Jul 10, 2015 4:06am

Quoting Ojiego

Disliked

If, if, if ...... I was planing to short on the EurDollar !

Ignored

Shorting on Eur/Usd could freeze you out if a deal is agreed as I'm seriously inclined to believe

Jul 10, 2015 5:06am

long on EURUSD for the weekend, and let see what's going on on the monday.. (y)

Jul 10, 2015 5:31am

They will give them money without any rules.

Jul 10, 2015 5:33am

https://youtu.be/d6-3i9SKIo8

Jul 10, 2015 6:49am

SP500 must go back to 2038.77 points
1 profit with closed orders in the portfolio

Jul 10, 2015 7:21am

Quoting rigpa

Disliked

Greek´s Beggars are bending down................

Ignored

no they are bending germans on their demands.

Jul 10, 2015 2:01pm

Germany should wipe off all debt even if they dont they wont get any money. so its better to do it with dignity.

Trader#FCE9

Jul 10, 2015 2:07pm

A while ago the main man in Greece launched the bitcoin version for Greece and was active with it (ATM, cafe's and other est.
if i was him id switch to it since they cant tax what they cant trace

Trader#FCE9

Jul 10, 2015 2:17pm

Since they've been paying back an unstustainable amount of money maybe the imf should review itself, before greece asks for a rebate

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