The upward channel held but there was an 'inside' London Open. Usually that's where a swing happens. Most times they take it back up to that area at least once the same day or next, and some times the spike up above it into the previous days range ...

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I think so. Techs said it should have gone up to about 880-910

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Okay, another question since we can't know if Greece will or will not leave. If they do leave will it be: a) Bad for the Euro short and long term? b) Bad for the Euro short term and good for it long term? c) Good for the Euro long and short term? ...

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Sure but if you have to pay with drachmas or if you are repaying a loan for buying your ship and paying with drachmas, and it's fluctuating wildly from day to day, how do you do your weekly/monthly/yearly budget planning?

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But if they leave the EZ and stay in the EU, won't they still be subject to the same regulatory measures that sakisf says have adversely affected Greek agriculture and manufacturing?

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Maybe, IF they manage to keep the drachma stable. But if they can't it will screw their shipping industry, because shipping involves banking and insurance a lot, and when your currency isn't stable there's a whole new set of risks involved there. ...

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Ah ha. Thank you.

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I get that. They have to reform if they want more money. If they default, theoretically it means leaving the EZ. I'm wondering why someone who lives in Greece would think that a)not reforming their economy and b) losing the benefits that belonging ...

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Interesting. But how will being outside the EU help this?

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Ha ha. Hopefully they won't get that fixed before Iran takes delivery.

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That's interesting. Because all the polls I read do say that most want to stay. What makes you say that and why do you want to leave?

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Yeah, but they are not really being told how to live in that sense. They are being told the conditions for borrowing more money. (Just like your bank has a right to see that you earn x percent of and/or can put down y percent of and/or have security ...

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The thing is: The Greek economy needs to be reformed, and the troika is trying is trying to get them to do it. If they don't do it so that young people and entrepreneurs have a chance to find/create jobs, they are only going to be worse off, not ...

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Here's an interesting read about what happened the last time this happened. url (The end result, as we know, wasn't pretty, which ought to provide a pretty good incentive not to let it happen again.). video

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It's satire. He's a comedian. (Even though he has a point about who's actually holding the bag in the Greek crisis, and Churchill did say that video . And he has another point right too. The Russians killed way more German soldiers than the rest ...

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About who really has a problem in the Greek crisis. Be warned: Full of profanity, sexism and racism, but very funny video

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Bingo. 802.Now we can see if it holds.

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Break of trendline at point a implies price going back to test last touch at b (happens a lot). Trendline c (broken) might get retouch about d (though looks less likely after last data, but I could see them doing it in some after hours spike on ...

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Yeah, in principle I have upto 1.092x too but if there's a trendline nearby that needs a retouch (which there is) a lot of times that's what they'll do instead.

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Agree, though I think they have to take 1.079x to 1.0802. Above there and I think they're going for a retouch of the orange trendline 1.0905 to 1.096x, depending when it gets there, if it does. Depends on data. But they have to take 1.076x to 1.0802 ...

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