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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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Qingyu
manchester, UK
Posts: 1763
13 years ago
Dec 31, 2010 12:07
short @3387
Qingyu
manchester, UK
Posts: 1763
13 years ago
Dec 31, 2010 10:28
i just cancel my short order @3380, it looks like test 3430 today...
Nasakoto Yakata
Okinawa, Japan
Posted Anonymously
13 years ago
Dec 31, 2010 6:59
EURUSD shorts feeling the short squeeze heat...
fastpips
surrey, Canada
Posts: 69
13 years ago
Dec 31, 2010 6:32
Hi Ashraf,
I hope you are enjoying your vacation. Waiting for your last article of the year to get prepared for the next year. Thnaks
Callum
Singapore
Posted Anonymously
13 years ago
Dec 31, 2010 4:24
Yakata-san, thanks for the heads-up and sanity checks. I am with you on the zerohedge; although, I enjoy reading their tweets / posts because it provides an alternative view.
forextrader
vologda, Russia
Posts: 127
13 years ago
Dec 31, 2010 3:09
@ Nasakoto Calam Wasp
looking at the Euro/usd it does look to me that the pair in consolidation, for more up movement.we can get to 1.3430.
but this is only my personal opinion. I don't trade this pair
Nasakoto Yakata
Okinawa, Japan
Posted Anonymously
13 years ago
Dec 31, 2010 2:40
Do not get me wrong. I don't say EUR won't collapse. But if it is going to collapse it will not happen as quickly as some people want you to believe.
Remember what the guys at zerohedge were predicting for S&P 500 when the index was at around 700 in spring of 2009? They expected full collapse. Now we are at 1250. LOL.
Remember what these same guys were expecting whn EURUSD was at 1.1800 6 months ago?
Markets do not move as some people want you to believe. Markets like to move against the herd. And now the herd is fully short the EUR. And the funny thing is this fact prevents the EUR from falling (vs USD) if you ever wondered why the hell the EUR has not collapsed during the last 3 weeks as so many "experts" (like Ashraf) have preached.
Think twice before you embrace the "follow the herd" mentality.
Nasakoto Yakata
Okinawa, Japan
Posted Anonymously
13 years ago
Dec 31, 2010 2:27
@Callum

Expect more than 1.3350.
They want the herd to fully embrace the "EUR is collapsing tomorrow" idea and then the short squeeze will wipe the bears out. Just watch out.
Callum
Singapore, Singapore
Posts: 179
13 years ago
Dec 31, 2010 2:22
@Wasup I placed offers above 1.3350 in case we see a run up in this thin liquidity ....
Nasakoto Yakata
Okinawa, Japan
Posted Anonymously
13 years ago
Dec 31, 2010 2:14
zerohedge? LOL
does anyone still follow their advice?
If they traded their ideas (especially for stocks) they would have gone bankrupt a couple of times since start of 2009.
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