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

EUR

Discuss EUR in this thread
 
Putko Mafani
Cape Town, South Africa
Posted Anonymously
13 years ago
Mar 4, 2011 7:01
Helicopter Ben - mega moron:

This is a FREAKING Disaster And Its Happening Right NOW!
Submitted by Phoenix Capital Research on 03/03/2011 21:52 -0500

Monetary Policy US Dollar Index

A few weeks ago I warned you that the US Dollar was about to collapse.

At that time, many investors scoffed at the idea. After all, the Euro is in much worse shape than the US Dollar, right?

Wrong..... (read on)

http://www.zerohedge.com/article/freaking-disaster%E2%80%A6-and-it%E2%80%99s-happening-right-now
cygnus
New York, United States
Posts: 63
13 years ago
Mar 4, 2011 4:27
Just kind of checking in. Reading back a bit, it doesn't seem like much has changed in this forum.

I will continue to stay on the sidelines for now. Anyone honestly make money trading eur/usd over the past three months? To be honest, I am glad I have not traded as - overall - based on my trading methodologies - I would have lost money over the last 3 or 4 months had I traded.
DaveO
UK
Posted Anonymously
13 years ago
Mar 4, 2011 1:23
Hi guys,

Chloe if you short EU here you are fading up trend although right now its kissing my trend resistance line from the Nov 09 through Nov 10 highs. As Subway just said the 3830/00 support level is significant for any ret, a break of which is likely to lead to lower prices. For me the pattern on daily chart would target some tp at 1.4430 following a successful break of previous high at 4280. This thing is not going to go straight up there without rets along the way and its right into some heavy horizontal volume from last Oct + tomorrow NFP could see anything happen ! Longs are justified but I don't see any sell signal as yet. I am not a fader ! gl and gt.
Tony G
Posted Anonymously
13 years ago
Mar 3, 2011 23:55
PS. Trichet never was good at bluffing - you know he is when after every other sentence he takes out his handkerchief and wipes his mouth.
Tony G
Posted Anonymously
13 years ago
Mar 3, 2011 23:52
Chloe, The time to go short is now and any levels above 1.40. I don't care what people here say about my naivity shorting at these levels. IMO this is the trade of the year. Possible 2000 pips to downside vs 200/300 pips to upside. All IMHO only please don't follow me without doing your own research (or taken advice from Dave first!).
chloethebull
Canada
Posted Anonymously
13 years ago
Mar 3, 2011 22:45
daveo..what ya thinkn about the eur,,lol soon for a short?trying to figure out the best time to get short an i could really use some good advice for goin forward..seams this area might be difficult for it to go further..any ways thanks &gl:)
subway90
Posted Anonymously
13 years ago
Mar 3, 2011 22:34
nothing has changed... same view....

8 hour still looking bullish so we could see 1 more jump to 3980/4000.... then expecting pullback to 3800/3820.... as long as we don't see daily/weekly close below 3800 level.... expecting move higher from there to 4100/50...

gl/gt
subway90
Posted Anonymously
13 years ago
Mar 3, 2011 22:20
first short filled at 3970... will short again if 4000 seen... tp 3820...

gl all... except CAT and Tony... these 2 guys are too good they don't need any luck... LOL
subway90
Posted Anonymously
13 years ago
Mar 3, 2011 22:17
it is quite clear who the real losers are in this forum....

and now great pretenders!!! LOL.... great going CAT and Tony... keep up your BS.... :)
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Mar 3, 2011 22:05
possibly already tomorrow a nice short trade because then the two most hawkish ECB members speak. I've so far not found a single comment by bank analysts backing even a remote possibility of a ECB rate hike in April or May. It is considered impossible may even risk the break of Euro.