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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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Ignore
Posted Anonymously
13 years ago
Feb 17, 2011 14:42
maybe it was POTUS...was drinking a bit
Ignore
Posted Anonymously
13 years ago
Feb 17, 2011 14:41
Good morning..'smilin with the risin sun'
but had a dream that I ran for PUTOS office with this platform:

1. flat Fed Income Tax
2. term limits on everything
3. legalize marijuana
4. treat women better

I won by biggest margin ever.

So it is Pres Ignore to you subjects

no position
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Feb 17, 2011 11:01
The EONIA close was 0.7% anyway I shorted Deutsche Bank Banco Santander and Societe generale this morning and am short EURUSD anyway. I did so because of rumors Mubarak and Saudis withdraw billions from Eurozone banks accounts.
Putko Mafani
Cape Town, South Africa
Posted Anonymously
13 years ago
Feb 17, 2011 10:34
Cat, please comment.

Euro money market traders are puzzled by the high use of the ECB's marginal lending facility Wednesday, with borrowing at almost EUR16 billion - the highest amount since June 2009 - at a penalty rate of 1.75%. Traders speculate that a large euro zone bank may have experienced a technical problem, or didn't request enough cash in the ECB's weekly refinancing operation on Tuesday. There is no sign of stress in the euro overnight rate that currently trades around 0.52%.
Yoni
Turku, Finland
Posted Anonymously
13 years ago
Feb 17, 2011 10:17
putko, hahaha, exactly.
This is what I like most in EW - the counts are at least equal to the number of elliotticians out there and most of the time equal to 2 times the elliotticians out there :)))
hahahahaha
Putko Mafani
Cape Town, South Africa
Posted Anonymously
13 years ago
Feb 17, 2011 9:34
Yeah, if the main count fails, then alternative count (1) becomes main, if alternative (1) count fails, then alternative count (2) becomes main, .... if alternative count (n-1) fails, then alternative count (n) becomes main. Thus EW is always right.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Feb 17, 2011 2:02
Always at least 2 counts and we cant go too far wrong :-)
subway90
Posted Anonymously
13 years ago
Feb 17, 2011 1:37
daveo....

yes... pretty much agree with you...

daily close above 3620 level as i've mentioned earlier this week would be a warning signal for Euro bears... and break a bove 3700 main resistance could signal resumption of uptrend... and could target 4100 level....

but for now... still biased for more downside until proven otherwise.. :) gl
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Feb 17, 2011 1:21
Should it continue on up to 3690 I shall be favouring the move down to the 3427 low as a completed 3 wave corrective with new highs above 3860 to follow.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Feb 17, 2011 1:07
Yeah Sub, I have possible sym levels @ 3603 and 3642. The former might coincide with 1hr channel
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