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

EUR

Discuss EUR in this thread
 
djellal
LAUSANNE, Switzerland
Posts: 531
13 years ago
Mar 2, 2011 16:09
lol still long and we r near my first target ! thanks macro and tech lol
DaveO
UK
Posted Anonymously
13 years ago
Mar 2, 2011 16:06
Libyan plane fires 2 missiles on town of Brega
Tony G
Posted Anonymously
13 years ago
Mar 2, 2011 16:06
The fundamentals for the Euro are dire. I can't believe people here are talking about 1.65. Now that is taking tea leaf reading to the extreme.
Boli Mekura
Guam
Posted Anonymously
13 years ago
Mar 2, 2011 15:58
Yes, Shane. Agreed.
Good luck to you.
Shane
Lahore, Pakistan
Posts: 209
13 years ago
Mar 2, 2011 15:53
@boli i agree with u but i am not trying to predict tops , 1.65 may not be the top for this move but some safe places from where u can play some corrections. Again the main trend is upward and u can never know where it is gonna go.
subway90
Posted Anonymously
13 years ago
Mar 2, 2011 15:50
shane...

agree... very sensible thing to do....

4150/4200 level would be well defended... and would likely see some good 400/500 pip pullback.... initial rejection from 4150/4200 level wouldn't mean resumption of downtrend and should be considered correction until 3428 level is broken....
anyway... key to downside would be 3428 level....


well.... cat wouldn't have any idea what we are talking about... LOL
Boli Mekura
Guam
Posted Anonymously
13 years ago
Mar 2, 2011 15:49
Shane, I do not need to believe anybody.
I rely solely on the market to show me where it wants to go.
And currently it shows me it wants to go upwards still. And I will play that momo until the market tells me it wants to go down. It is as simple as that. This is why it is not a good idea to assume the top will be at that level or that level. You can have guesses for possible tops based on your approach but the final word is that of the market.
said
France
Posted Anonymously
13 years ago
Mar 2, 2011 15:48
right shane, i didnot wanted to talk about the 1.65
anyhow.
Shane
Lahore, Pakistan
Posts: 209
13 years ago
Mar 2, 2011 15:48
@subway very right, there may be pull backs but no major pull back till 1.40. Than just checked on monthly if 1.40 is taken the next pull back level is 1.44 to 1.45.

USDX also gonna test 76 b4 a correction in USDX.
subway90
Posted Anonymously
13 years ago
Mar 2, 2011 15:42
4/8 hour shows momentum is there... will probably only see minimal pullback or no pullbacks at all until 3950/70... gl cat and tony... :)