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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:

EUR

Discuss EUR in this thread
 
Ignore
Posted Anonymously
13 years ago
Feb 17, 2011 22:03
Letisha..the best conclusion is that we should have lunch when I get back to Jam..
Letisha
St. Catherine, Jamaica
Posts: 156
13 years ago
Feb 17, 2011 22:02
@ Ignore...you know that call for a long EURUSD seems solid....I shrink my charts...I noticed a nice upward move...and then the descending channel...that formation looks like a flag...so a second look on my chart made me realize that trend line is a potential b/o area..so @ Juno...I cancelled that short entry...and sitting on the sidelines...it can go either way so take great caution in executing this trade.
Ignore
Posted Anonymously
13 years ago
Feb 17, 2011 22:01
thanks and concur
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Feb 17, 2011 21:59
Yeah Ignore my projections were fib based but its always good when they align with the MA's and/or channel S&R's. More power to the elbow (we hope). Re usdchf hedging plays the relevance in this EUR topic is ok by me :-) No way are we ever going to have perfection, FAR FROM IT AT MO, lol
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Feb 17, 2011 21:53
@said, these threads are becoming a nightmare to navigate with all the news commentary en francais or even en anglais. How can you consolidate your commentary to match relevance for each room topic ?

Some wish to post fundamental commentary and some technical commentary. Seems to me it is becoming one enormous mess.
Ignore
Posted Anonymously
13 years ago
Feb 17, 2011 21:53
yes Dave..on the 1 hr..3603 was 55 from the back end of tunnel and your 3642 is 89 fm back end..
21 still pointed good slant higher..
4 hr good entry 3585 late but (3) so perhaps a layering in...or setup shop for ppair trade towards higher $

thanks for info...you are always right on...
hope the forum improves, left suggestion for Ashraf awhile back
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Feb 17, 2011 21:42
Ignore, re EW perspective, looking at the 1 hour move up (mess up) last 3 days it has worked parallel channel a dream ignoring the false break down to the 3460 low. In EW terms the move is so overlapping that it has to be labelled corrective move. My initial targets for potential ending projections were at 3603 (good reaction when it first hit that level) and then beyond that # at 3642 or somewhere inbetween. Low confidence in this but preferred bias is for reversal down quite soon.
said
mulhouse, France
Posts: 2822
13 years ago
Feb 17, 2011 21:37
eh catnip
do u think matt miller with its piaggion repair shop might be interested in VLtrust in Frankfurt.
midlothian.
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Feb 17, 2011 21:29
EURUSD follows USDx inversely. There is no Eur strength . AUD relative strength much higher than EUR. If that should continue EURUSD 1365 will be reached in asia trade. AUDUSD 1.02
However CHF strength skyrockets.
juno1
UK
Posted Anonymously
13 years ago
Feb 17, 2011 21:22
Thanks for that Ignore, taking a look at that now.