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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
Who knows?
when it goes down, all shorts r jumping and commenting
when it turns and going up, the longs start sending comments of i told u so
i maintain that the current issue is fundamental and FED intervention driven
a 100 billion per month purchase of treasuries and open ended - will just lower the dollar value over a period of time. so, only a dollar short makes sense
probably the technicals can say at what level one should short the dollar, ashraf's fav being slow stochastics- and the best bet is to work dollar index than the eurodollar
anyway, good luck to all
i intend to sell alll euros above 1.5-1.55. i think this can come before end of the year or Q1.
that was a joke... :)
gl/gt...
"this is systems analysis no chart / wave tea leaf reading involved"
the main reason why you can only analyze it correctly only 50% of the time in a 2 way market... :)
coin flipping would match your accuracy... :)