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9 Posts Total by "white":
3 Posts by member
White
(Bratislava, Slovakia)
6 Posts by Anonymous "white":
   
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White
Bratislava, Slovakia
Posts: 3
14 years ago
May 14, 2010 14:53
In Thread: EUR
Pan Balek, can you see the waterfall. There are no news, no technicals and no fundamentals. Markets have got a message. Mr. Laidi was the first one telling this. Now all big prophets are following and big traders just want to see the buttom sooner than later and you know where is the buttom of EU. I am shorts on couple of lots GBP, EUR.
White
Slovakia
Posted Anonymously
14 years ago
May 14, 2010 14:17
In Thread: EUR
@RTrades, I am sorry, my bull behavour is still in my blood, so I meant sell one lot of EURUSD.
White
Bratislava, Slovakia
Posts: 3
14 years ago
May 14, 2010 14:14
In Thread: EUR
@RTrades, Keep it even though it would go 100 pips up. Just buy another lot on the top would be my advice. I had such questions on 3/11, 4/10, 5/10 but those were irrelevant as yours is now.
White
Slovakia
Posted Anonymously
14 years ago
May 14, 2010 14:11
In Thread: EUR
@letitroll, This bounce at 8:52AM is the last chance to sell above 1.25.
White
Slovakia
Posted Anonymously
14 years ago
May 14, 2010 12:05
In Thread: EUR
@letitroll, Did you change it? There was 50 pips retracement 50 pips at 3AM and it will take very long time to get back at 1.25756 again.
@catnip, I know that you profit from weak EURO and even Merkel was perhaps surprised how quickly her strategy worked out. But any abnormalities will have a side effect later when EU will forgot times when EURO was strong. BMW and MB will need to reopen US factories again in two years.
White
Slovakia
Posted Anonymously
14 years ago
May 14, 2010 4:47
In Thread: EUR
Shane, thats nice to see that you go to basics as well. I was pointing out to 2 years possible draught which can happen any time like in 30s. Gold for me is just an interim solution. But back to Greece. The math is clear. Even though Germans and French would lend for 0%, Greece still would not pay it off their debt. Smaller EU countries will need to borrow money so they can land them to Greece, so Germans and French can mimimalize their loses. But the interest will be 5% and their GDP will be lower and lower and do not forget Greek temperament is similar to that seen with Argentineans. I do not see feasible to go long at 1.23 not even 1.03. I wish Irish would send some cooling rain during whole summer, that would be the best help for Greek people. Something wrong is in these days, if with little savings someone can earn 10k per week.
White
Bratislava, Slovakia
Posts: 3
14 years ago
May 14, 2010 3:58
In Thread: EUR
@Shane, I am not believer in $ either, but in 2 month period this night is the last chance to change it. I liked the idea of EURO, but Germans would do better if they go back to mark. BTW in 10 years the best currency will be not AUD, NZK, CAD, NOK, but drinking water and freshly baked bread.
White
Slovakia
Posted Anonymously
14 years ago
May 14, 2010 3:47
In Thread: EUR
@letitroll, This night you could have 50-70 pips retracement. I do not expect EU politicians will come up with another 600 over weekend. There will be no retracement like at 3/11, 4/11, 5/10. Perhaps on Sunday 6/10 you could have something like 1.2113 -> 1.2254 ;-).
White
Slovakia
Posted Anonymously
14 years ago
May 14, 2010 0:26
In Thread: EUR
@letitroll, Do yourself a favor, change it tomorrow at 4AM EST that's your last change, otherwise you will exchange it at 1:1 if Merkel will not change it for DeutscheMark. I mean it seriously. It's over. I am sorry.
During last years in European countries I had use an exchange rate 1:1 in my mind otherwise I would not buy even a coffee by dollars earned in US.
This is of course exaggerated, but I suspect that Germany and France just wanted buy time with ($600 wow effect) and arrange over taking some Greek Islands in exchange of their Greek bonds. Germans will not need to go French Riviera for vacation anymore.
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