There was a rumor few hours before the market closed in last Friday, a rumor about Greece will leave Europe. Actually, when I heard the rumor.. first thing that came into my mind was a further downfall of Euro Dollar. So I hold my short position at EURUSD, as you can see on the chart below.
Now, the rumor is confirmed as stupid idea by Greek Prime Minister as reported by Bloomberg:
“We think that Greece does need a further adjustment program,” Luxembourg Prime Minister Jean-Claude Juncker, who chairs the group of euro-area finance ministers, said after yesterday’s gathering. “We’re not discussing the exit of Greece from the euro area. This is a stupid idea — no way.”
Maybe I should close my short position, take all the profits for the above entries and look for another sell setup. Coz I am expecting a profit taking as a result from Greek Prime Minister comment about leaving EU.
