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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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jacek
Melbourne, Australia
Posts: 2579
13 years ago
Jun 21, 2011 1:37
thx sir.. need helping hand here after my last few stops got whipsawed..

shorts targeted in asia but 1.4380-90 looks like holding for now..

daveo are you back yet?..
Sir Ignore
United States
Posts: 3068
13 years ago
Jun 21, 2011 1:19
Go Ash..I'll take door number 3 for 1.5000..

1 hr went north of tunnel with 21 agreeing at 1.4335

4 hr still long from 1.4207..

prudent stop on 1 hr on south side of tunnel 1,4285, tp 1.4401 partial, put stop on north side of tunnel..
perfect setup..
and then bring stop to BE for free trade, 4 hr runs till stop triggered..

mho gl gt
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Jun 20, 2011 23:29
JP Morgan EURUSD Forecasts

from MNI FX Bullets

EURO-DOLLAR: JP Morgan Chase strategists keep their euro forecasts
unchanged at $1.43 for Q2 and $1.45 for Q3 but note that the risk bias
"has shifted to the downside." In addition, they lay out alternatives to
their base-case view. BEARISH (euro slips to low $1.30s-high $1.20s in
Q3/Q4) If 1) "core countries insist on private sector hair cuts in
exchange for extending additional financing to the periphery, or delay
EFSF disbursements 2) Spain sees a double dip recession (as ECB raises
rates) or misses its fiscal targets or 3) Greece/Spain holds early
elections BULLISH (euro rises to $1.50 1) in the event the US govt
"experiences a technical default due to failure to raise the debt
ceiling or (euro rises to 1.50) 2) in the event the US implements UK
style fiscal tightening in 2011 to preserve its AAA rating while the ECB
keeps raising rates (also $1.50) 3) If the Fed implements QE3

Ashraf
Sir Ignore
United States
Posts: 3068
13 years ago
Jun 20, 2011 17:16
TomB..btw, how did u get the model..and
do you work commercially now or on someone's staff?

hope info helps..
Sir Ignore
United States
Posts: 3068
13 years ago
Jun 20, 2011 17:13
TomB..

4 hr still long from 1.4207..u c it did not allow chop out...

1 hr now in tunnel...making very good.r/r for either side break..

but 1hr now indicators south... a break south of 1.4275 signals (21 south)
correct r/r for tunnel as u c both are in tunnel now..e and sma....
but perhaps won't invalidate 4 hr long status...

mho gl gt
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Jun 20, 2011 16:10
earlier i wrote i will short eurusd at 144 this has nothing to do with chartism only with bond yields ... so far not even close
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Jun 20, 2011 16:05
Here is that euro volatility chart posted on Friday. 6-month cycle tops are very clear.
http://tinyurl.com/5rkvmto


Premium subscribers can see the enlarged version of this chart


Ashraf
Qingyu
manchester, UK
Posts: 1763
13 years ago
Jun 20, 2011 14:37
sorr, miss and wrong spell some words...@-@
Qingyu
manchester, UK
Posts: 1763
13 years ago
Jun 20, 2011 14:36
you can never imagine what pboc going to do, i heard months ago from my sis hsbc stop borrow money to them, because of RRR raise. i thought pboc my stop raise RRR, but they didnt...@-@

now, we can guess they wont raise RRR again.

corn relate to meat (chicken & pork), today bloomberg tv mention this again.

european import a lot of chinese product, if, i mean if eur drop sharply, i guess that is why china buy bad eur debt, european will buy that kind of goods from pigs and east european country. then things will be very ugly...

now we need to find a right time to short eur, i guess that need ashraf, you and dave to point it out for us...a right time...
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Jun 20, 2011 13:55
stopped again.. cu another day..
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