Forum > View Topic
by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:
EUR
Discuss EUR in this thread
could we agree that the LTRO total of 529.53081 bn + 489.19075 bn
makes a proper write-off?
ECB balance shrinking....wow. Strong EUR. Woa!
My advice keep US cash real solid greenbacks as much as you can still holds. In your matress but not in any bank account.
values.
But what determines the relative value?
Here one has to delve much deeper into economy, because economy
is the science of value of money.
Lets sum it up:
all EUR bulls were wrong
all dollar bears were wrong
all gold bulls were wrong
all JPY bear still are wrong
so conclusion their model is wrong. And Bernanke' is right. Period. Thats the reality.
Another reality is that 70% at least are algo trades.
nice night...a lil smokey tho..
nice night...a lil smokey tho..
lookin at another rig....
on daily the last major downturn equals the current down move in time and rate move...and now looking for that bounce off of last low for me..but if breaks that 2970/60 area could have some deeper.
current 3073....too much risk for tomorrow w/o a trade already underway...
cheerz..
This boutique belongs to avafx... a good broker lol