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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
i'm expecting a dip to 3600 first.... but just tellin you to prepare just in case it will not move the way you expect it to move... :)
happened a lot of times in the past... :)
90% of the time you challenged me... i proved you wrong... so i'm just saying be careful... doesn't always move the way you expect it to move... and your famous lines "ASSUMPTION IS THE MOTHER OF ALL FUCKUPS..." still remember when you said it... LOL... :)
gl puzzo...
how many times do i have to repeat... stochs alone not that reliable...
you said something similar when Euro was at 3800 level... that stoch was at extreme and wouldn't go much higher... then it hit 415x... don't you remember puzz?.... :)
Chinease premier's visit to G20 not officially confirmed. He would not show up unless the Americans calm down on yuan bashing. The US would not calm down since it is finally a political issue in the US. The Americans threatening to print more and more money forcing the Chinese to buy more of the Dollars and with the dollar peg, more nations blame louder on the low chinease currency.
No end in sight
Who is not intervening in the currency markets? All major CBs are - US, China, ECB, BOJ, Brazil, Korea and even small leagues like Argentina. This will drive yields low, emerging market debt to soar and new asset bubbles like the indian or brazilian stock market or shanghai real estate.
there is no chance for a currency accord - and the only hedge appears to be emerging market currencies or commodities.
dayly signal macd show sell
i wouldn't assume it's short....
let's see which side will break first.... 4157 or 3857?
break of 3857 would mean test of 3580/3600..
break above 4157 would mean resumption of uptrend and would target 4500...
a dip first would be nice but nothing wrong to resume uptrend.. at least technically..
let's see...:)
easy profit
after Germany&France put EURZ stability treaty into question there is danger at the edge of town
no upmove of EUR
see EURJPY EURSEK....
don't ascribe strength to EUR there isn't any such