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

EUR

Discuss EUR in this thread
 
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Apr 14, 2011 18:27
Mkts sending me bleary eyed :-)
DaveO
UK
Posted Anonymously
14 years ago
Apr 14, 2011 18:26
Thats what I imagined Cat, sorry mixed your post with subs TP.
DaveO
UK
Posted Anonymously
14 years ago
Apr 14, 2011 18:24
subs, I agree your downside scenario having spent 4 days reacting off that important 78.6% and 100% sym level on daily t/f. DX has not made my sym yet, still need another pop down. Risk aversion last few days been pathetic (as usual !). I would need to see a break of the 4520 high to consider loading up long again although I am still partially long on daily t/f. My attempts to hedge with intra day rets have not been too clever since the high was made. gl on your short.
cat0nip
Frankfurt, Germany
Posts: 1632
14 years ago
Apr 14, 2011 18:20
The ingenious strength difference robot does not make any forecasts it gets out once difference of difference of... changes from zero to not zero. A trend follower.
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Apr 14, 2011 18:15
Does the Bencatbot also dictate TP ?
subway90
Posts: 1078
14 years ago
Apr 14, 2011 18:15
dave...

yes.. see a possibility of break higher..... but looking at USDx... break higher could potentially be a false break... unless clear break and close above 4500 level....

well... i'll think about it once it breaks to new highs... until then i'll keep my strategy and my shorts....:)

on the contrary.... if Euro breaks below 4300 and settles below that level in coming days.... i see bigger correction on it's way..... possible target of 4000/4050....
cat0nip
Frankfurt, Germany
Posts: 1632
14 years ago
Apr 14, 2011 18:08
short entry @44993 (catz' robot)
subway90
Posts: 1078
14 years ago
Apr 14, 2011 18:05
shorted again 4498..... both tp 4340....
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Apr 14, 2011 17:57
Looking at overall mkts my bias is now more to longside for EU. Will not surprise me to see the highs taken out soon.
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Apr 14, 2011 17:49
G.7 renewed their joint cooperation to meddle with forex mkts.