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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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subway90
Posts: 1078
13 years ago
Jul 17, 2011 0:10
dave...

you made comment on AL's USD/JPY target of 70.... makes perfect sense on pure technical point of view...
break below previous low of 80.43 really opened the downside... really trending down very hard on monthly charts... try to view the monthly or yearly chart and you'll see it's quite clear... it also aligns perfectly with EWA... try checking it... but very good buying opportunity if we get there... might see around 2000+ pip jump from that level... but the overall trend will still remain bearish as long as it trades below 101.60 level... the bigger picture still pointing down to 60 and possibly 50.... from pure technical point of view in coming 5 to 10 years... need break above 125 level for trend reversal that has been bearish since mid 1970's when it topped above 300 level... :)
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Jul 15, 2011 19:52
Yes no volume ... markets are dead. Yes my cats are very smart. One of my cats gets attentive when a political discussion is on TV . The more of these morons chatter foolishly along the more upset she gets...
Qingyu
manchester, UK
Posts: 1763
13 years ago
Jul 15, 2011 19:46
the truth is he got a smart CAT, and i wish my teddy could as smart as his CAT!

^-^
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jul 15, 2011 19:36
you were on the right side, no volume.
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Jul 15, 2011 19:32
Hum..not quite the fx trade of the week ...
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jul 15, 2011 19:20
Have a great weekend ALL and take some time away for fresh air :-) Trading generally a pain in the ass at mo with all our crazy leaders b/s. Its never good all of the time and summer recess prevails.

Peace my friends. cya Monday.
ps. skipper outanding validation of best lookin guy. Shan't forget.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jul 15, 2011 18:30
Must admit this time of the year I feel more interested in outdoor pursuits than being irritated by Trichet, Big Ben, AL et al, not to mention eyes going sqyare in screens and might be time to die soon anyway. All adds up to thin conditions makes sense.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jul 15, 2011 18:24
Only 30 locals in CME pit. Very quiet trading.
digi
toro, Canada
Posts: 1040
13 years ago
Jul 15, 2011 17:43
euro supported by fibo and the ema80 at 40
digi
toro, Canada
Posts: 1040
13 years ago
Jul 15, 2011 17:36
without breakin it out
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