Forum > View Topic
by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:
EUR
Discuss EUR in this thread
reduce lot against trend..all else calculate your risk vs. account size..stops catch blah moves...
these are fx rookie suggestions btw..
Dave good article....in the charts..
One excerp on greece.
"For the time being the European leadership seems prepared to extend and pretend; however, the ultimate outcome seems certain to me. The only way forward for Greece is a debt restructuring combined with an exit from the euro. You can save Greece or you can save the euro, but you cannot save them both and, in the end, it is the euro they want to save. The euro bears should remind themselves of the fact that when you remove the weakest link in a chain, what is left is stronger"
http://www.arpllp.com/core_files/The_Absolute_Return_Letter_0611.pdf
here on the forum.
Have Fun!
cat...how's dat potato crop, I ask u same last year.
They tell the structure of tomorrows news and that is what TA is about.
Yes only using open positions it is justified to assume EURUSD goes much higher and will reach 1.5 to 1.51
But this for the wrong reason. It is not technical.
However those betting on QE3 and those bettng and solution of Gr...Irland...you name it bond crisis are fundamentally wrong.
Merkel's partner the Free democrats have already announced they do not support the bailout.
seeing a test of 4730/50 level.... very crucial level coz if it breaks and settles above that level... favor move to the uspside....
dave...
yes.... i think it will look very ugly and messy.... expecting a lot of false breaks up and down...
many bears thinking downside is a given.... but i think many could get trapped... :)
could range trade 4200/4700 level quite sometime...
my posts... earlier this week....
still believe the range trade will still be in play....
same story... if many will be convinced it's long already... will likely be heading south again...
4150/4200~4730/50 range will likely be in play.... unless we see clear weekly close above 4750 level...
expecting dip back to 4200 level after testing 4730/50 level.... a triangle formation b4 the real break happening....
gl/gt