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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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DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
May 24, 2012 10:52
yep, I have become more and more scalpy, happy with 50 to 80 pip moves, unlike our clever noble knight :-)
jacek
Melbourne, Australia
Posts: 2579
12 years ago
May 24, 2012 10:35
thx Dave.. so are short covering now too:-)
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
May 24, 2012 10:31
can't answer that Q jacek and so far as I'm concerned of academic interest only, ie one step at a time :-)

SNB certainly stuck to their word on the ECHF. Its rendered a waste of space for trading.
jacek
Melbourne, Australia
Posts: 2579
12 years ago
May 24, 2012 10:23
so when is this house of cards going to fall?.. if it does then 1.18 or lower for sure..

" Getting a lot of chatter about the size of euro buying by
the SNB in the last week with traders noting diversification by Bank
into Sek and Nok. Others note that the central bank has been linked to
euro sales vs the dollar, sterling, Canada, Singapore dollar and Korean
won in recent trade. Euro-Swiss currently trades around Chf1.2010, off
the defended floor at Chf1.2000."
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
May 24, 2012 10:18
current 1.2530 level is 78.6% ret of the 1.1875 low to 1.4938 high
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
May 24, 2012 10:14
Ashraf, good to hear you (cautiously) agree my EW count of many months ago for 1.1875 visit. Projections suggest well below that # but doubtless we shall see a good reaction there.
Ashraf Laidi
London, UK
Posts: 0
12 years ago
May 24, 2012 7:44
Telling CNBC's Becky Meehan of the technical and fundamental arguments for further euro downside as well as targets
http://youtu.be/AktR_PoticI


Ashraf
jacek
Melbourne, Australia
Posts: 2579
12 years ago
May 23, 2012 23:34
sounds good Cat.. but probably EJ better way to go..
cat0nip
Frankfurt, Germany
Posts: 1632
12 years ago
May 23, 2012 21:53
started EURUSD long 12559 plus stop buy 1261 on rumors Merkel pulls back on austerity.
Her proposal pan Ezone deposit guarantee will not work but the blabla increases confidence in troubled banks. tp 12680 then short.
Ashraf Laidi
London, UK
Posts: 0
12 years ago
May 23, 2012 16:35
This was from Monday's Premium piece on EURUSD strategy:

WE ARE WITNESSING SIMILAR CONDITIONS TO LATE 2009 & MARCH OF THIS YEAR:

Some maybe wondering about 3 options

i) sell EURUSD at current level;
ii) sell EURUSD on the next rebound; or;
iii) buy EURUSD at current level for +100-200 pips.

We will opt for the 2nd option, which may involve a 1-2 week consolidation before renewed selling. See the trades below. The trades may remain UN-executed for days.


Ashraf
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