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
would you have stops for your Euro longs?
yes... i see the possibility for Euro recovery toward 3720/50 level... but that would be a good selling opportunity.... imo...
only daily close above 3720 level could open up possibility of extension higher...
on 4/8 hour candles... looking more like a dead cat bounce... if downside breaks open... would see selloff to next possible support around 3380/3400 where i expect to see a bounce b4 next selloff to mid 32xx level....
let's see... we should always be prepared for the unexpected in fx market...
gl/gt lisa...
what is your real take on Euro?....
last year... when it was hovering around 1.2700/2800(after htting 1.3334 high)... you said it won't move back above 1.30 level and called for parity... as if to mock you... it just broke through 1.3334 high and kept climbing higher....
when it reached 1.37xx level... you kept saying again it won't break above 3800 level.... then it broke above 1.42xx level...
when it was back down at 1.30xx level.. you kept calling 1.20 by yearend(last year) and parity afterwards...
when it moved back up to 1.34xx level.... you said it won';t break above 1.35 level....
when it broke above 1.3500 level... suddenly you were calling 1.50.... WTF???
your latest call is you don't think it will break below 1.3550 level....
looking at the bigger picture 1.35 lies exactly in the middle of 1.20-1.50 range....
so... very simple for your calls.... above 1.35 it's targetting 1.50.... if back below 1.35, you'll be calling 1.20....
if Euro moves back down below 1.35 level this week... probably you'll start calling 1.20 again and start bragging that was your call... is this what you call "calls made purely of fundamentals without charts and technicals?"
looks like a kid playing with numbers... :)
so what is your real take on Euro? coz long term fundamentals don't just change overnight....
i hope you have balls to answer my question without excuses and BS....
your most adored astrologer... :)
olala la plus de mer
( chartist recognizing repeating pattern)
watch envoy special.
Lays down the plan.
But don't you want Germany to rule the World? Fourth Reich etc.?