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

EUR

Discuss EUR in this thread
 
1...152315241525152615271528152915301531153215331534153515361537...3077
chloethebull
halifax, Canada
Posts: 1183
13 years ago
Jun 4, 2011 1:06
lol just made a funny i think...i said on twitter, i wonder if groupon will come up with a deal for ecb/imf bailouts..mayb buy2 get1 free...200billion for 50billion..im sure its in the works lol..ok im done enjoy the weekend:)
chloethebull
halifax, Canada
Posts: 1183
13 years ago
Jun 3, 2011 23:48
instead of asking that as a question i should have just said wouldnt it be a game changer if fed ben comes out and says..we tried the qe1-2 and don;t feel qe3 will help anything so were sticking with the exit strategy lol and there will be no more qe programs ...then what would the eur do after all it has no choice but to help the failing pigs but i think fed can walk away from we3 and try other options--what those are are well above my limited knowledge..any ways just throwing around different scenarios enjoy the weekend and see ya sun:)
chloethebull
halifax, Canada
Posts: 1183
13 years ago
Jun 3, 2011 23:37
hey ashraf, do you think fed could agree that qe1-2 have failed and opt for no more qe programs and let the markets/recovery sort itself out as the opposition party(republicans)has said today.after all the fed has signaled an exit plan and since all the neg data that has been released we still havent heard a word from any of the fed dove members on more qe programs..that what confuses me eur rallys off no concrete agree just a bunch of pos+ coments but on the other hand we have fed announcing exit plan but neg data lol seems the cb are alil confused on how things should work lol..thanks gl:) any near term plans for lunch with imf friends:) im sure you;ll tell us:)
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Jun 3, 2011 21:45
CHloe,

If EURUSD is truly heading to 1.49 as im beginning to think, then that might JUST help SP500 and keep it supported around 1310 rather than propping it well above it. Frankly, it is a very difficult question


Ashraf
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jun 3, 2011 21:37
The SPX correlation to DX is not always consistent. Check it out !
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jun 3, 2011 21:33
Chloe, as far as I'm concerned CB's contribute lots of liquidity to the currency mkts we want to trade. The charts reflect all players, large and small.

I would leave it to Ashraf to interpret the fundamentals for any given day and focus yourself upon the technical challenges required to develop your own personal system. A system which will provide consistent rewards whatever the mkt cares to throw at us.

That's it from me, next stop St Lucia --- 2 weeks of peace for the forum from daveo. Trade well my friends !
chloethebull
halifax, Canada
Posts: 1183
13 years ago
Jun 3, 2011 21:21
ashraf with the eur &s=p disconnect if eur heading back towards 14900 do you think s&p will recover higher..or are we seeing new correlation?thanks gl:)
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Jun 3, 2011 21:13
1.4630s was more than we bargained for when we said 1.4550s yesterday.


Weekly pattern in EURUSD is similar to last 5 patterns since '09 as shown in the Premium Charthere: http://tinyurl.com/69bzvq9

Such patterns are only shared on AshrafLaidi.com Premium subscriptions.

We lay out the technical and fundamental rationale to tell you our approach and decision.

become a member here:
http://www.ashraflaidi.com/products/ sub01/ -


Ashraf
chloethebull
halifax, Canada
Posts: 1183
13 years ago
Jun 3, 2011 21:10
bahaha im suprised dave didnt blow a gasket on what robot system he uses hehe:)..very proud of his trading system and so he should be lol..gl guys:)
chloethebull
halifax, Canada
Posts: 1183
13 years ago
Jun 3, 2011 21:08
1thing ive noticed this week was the disconnect between s&p &eur usually eur drops with s&p drop but not the case this week..somthing has to give and i think s&p will start to recover soon and move with the eur retest of 14900..dave i to am very open minded to direction of the markets nothin surprises me lately..look @ last yr a big move was 300-400pip moves this yr its better to measure 500-1000+ moves..but it makes sence ashraf said cb need @least 300-400pip moves due to the low leverage they use but now add in bailout money..lol they need 1000++ moves to help offset bailout cost &stimulous+still make a profit lol..ur crazy if you don;t think ben,trichet,carney and every1 eles who is a cb are not working in concert..why eles would all other banks allow there currancies to appreciate so fast..lol..u think germany wants a strong eur on canada aud..put pressure on the own exports +growth in a way but yet all seam very happy working with ben &company..all it would take is trichet to become bearish on eur and we would see 130 in a sec but no thats not the plan yet lol..gl dave and yes i like my new toy:) u have a great weekend my friend ttyl:)
Report Reply
1...152315241525152615271528152915301531153215331534153515361537...3077