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

EUR

Discuss EUR in this thread
 
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jacek
Melbourne, Australia
Posts: 2579
13 years ago
Jun 27, 2011 23:28
Hey Cat.. i know you don't acknowledge I exist:-).. probably took the mickey out of you too many times.. but I think you're onto something here with eurchf (many multiframe pattern/strength divergences there).. you probably remember my target for the pair was 1850.. Ive reversed this trade now just below that for 1950.. and now resting it for a second push to 2050..
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Jun 27, 2011 22:49
of course everyone - with the possible exception of AL - is well aware that if this save the gr bonds - model is adopted Ireland and Portugal will queue up for the same .
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Jun 27, 2011 22:09
story http://www.reuters.com/article/2011/06/27/us-greece-idUSTRE75O0SA20110627?feedType=nl&feedName=usdai
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Jun 27, 2011 22:02
Yes wednesday ....anyway the news said the "solution" is to prolong maturity of gr bonds up to 30 years.... during that time banks will get very reduced interest payments.( ECB is the biggest bank here ) Nevertheless Greece must save about 80 bln Eur that is the austerity the vote is about. This news helped the Eur somewhat and my bet is it will push CHF down. Of course the vote will confirm the austerity.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jun 27, 2011 21:45
Greek vote on new austerity prog seems more likely to be Wednesday than tomorrow.
subway90
Posts: 1078
13 years ago
Jun 27, 2011 21:23
are you dependent on your BOT for your trades now? because your OUT OF THE BLUE calls never fared better than coin flipping?
i thought you were smarter than your BENBOT.... :)
and your short EURO calls were never wrong even when it was at mid 1.20's(still not admitting your calls were never wrong)...

just can't wait to see your post if Euro drops below 1.40 level...

probably you'll POP up and start mentioning about Euro parity... how all the Euro bulls got it wrong including Ash... and chart astrology is all crap... blah blah blah....and be vocal about your calls never being wrong... really funny CAT... that itself would be a joke...

I'll be eagerly waiting for your posts... :)
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Jun 27, 2011 21:10
But all this can be rumors ... and first time ( some time is sometimes the first time ) subz chat reading is right.
I take the risk . Especially now Ashraf trumpets the old evergreen China supports Euro.
So far they burned USD 80 bln by supporting EUR. Why not burn bln 800? Bernanke will learn to love those Chinese. They solve his problems without being aware.
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Jun 27, 2011 21:05
perhaps EURCHF long ( that is CHF short subz) is more safe than USDCHF short because
USD could move down in parallel with CHF.
The bot didn't short EURUSD at 4280
subway90
Posts: 1078
13 years ago
Jun 27, 2011 21:03
let's be clear CAT...

you went long USD/CHF... meaning to say CHF will weaken... so you're saying chf short?

i'm trying to say... chf will strenghten.... the trend is still intact....
on monthly terms... USD/CHF could be testing 7300/7500 as long as it trades below 9500...

short term... only above 8550... we may see it test 8900/8950... get it CAT?
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Jun 27, 2011 20:51
subz i am CHF short not long ... has nothing to do with charts and it may go wrong. Depends
on Greece tuesday. But if i am right CHF will fall considerably.
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