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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:

EUR

Discuss EUR in this thread
 
catnip
Frankfurt Europhrates River , Germany
Posted Anonymously
13 years ago
Mar 9, 2011 19:43
The U.S. Commodity Futures Trading Commission said net short dollar positions totaled $34.9 billion for the week that ended Tuesday, the highest value since June 2008. Euro net long positions hit 51,308 contracts, the most since January 2008.
The outcome of such net short net long was different and depends on the price of EUR in USD and on USDx.
2008: Euro traded in a range from 1.4380 to 1.4950 broke out to 1.6020
2009: Euro traded in a range of 1.4625 to 1.5150 broke down to 1.1900
2010: Euro traded in a range of 1.3700 to 1.4280 broke down to 1.2870

Most likely for a mid term trade
short EURUSD 1.4 to 1.41 with sl 1.43
tp 1.35, 1.34, 1.33




catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Mar 9, 2011 15:00
Ignore I am EUR bearish long term. A political currency will fail no matter what charts predict.
Ignore
United States
Posted Anonymously
13 years ago
Mar 9, 2011 14:02
Gamz..btw.don't believe any position claims here..
if crazy kangaroo..then don't trade..40xx might be whole diff story then and if..
gl
Gammahunter
Douglas, Isle of Man
Posts: 82
13 years ago
Mar 9, 2011 13:56
v nice catnip, good short. good money!!!

ignore u play usdchf? As i say to subway will look for shorts in eurusd 1.4025 or above if mkt starts moving like crazy kangaroo!!!
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Mar 9, 2011 13:52
semantics...I mean I hold a long term pos EURCHF short not a long pos at the monent. I am short since Nov 10 @ 1367
Ignore
United States
Posted Anonymously
13 years ago
Mar 9, 2011 13:51
Gamz..no posis in E tho
Ignore
United States
Posted Anonymously
13 years ago
Mar 9, 2011 13:45
Gamz..hard to find anyone short anywhere..my view turned long again at 3882..4034 on map high prob.. below
3850 and 3830 caution...
Gammahunter
Douglas, Isle of Man
Posts: 82
13 years ago
Mar 9, 2011 13:38
hello catnip...on eurchf i will only trade long if brek 1.304 area, otherwise no. I agree wit u on usdchf..the temp suppt is at 9240 area wit big suppt around 92...but yes i am stalking long in this too as USD has been hit ax board too much and is def turning a corner...
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Mar 9, 2011 13:34
I am short long term EUR vs CHF, too. But CHF could be in big trouble if EUR eventually fails because SNB's reserves are EUR. EURCHF can fall more however, soon Russians and Arabs will
go out of swiss bank accounts and will buy USD. So watch USDCHF. One could go long now @927
with 30 pip sl
Gammahunter
Isle of Man
Posted Anonymously
13 years ago
Mar 9, 2011 13:34
ignore wat is ur view on eurusd thankx