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

EUR

Discuss EUR in this thread
 
jazesfx
abuja, Nigeria
Posts: 15
14 years ago
Nov 23, 2010 22:14
EU eyeing 1.32
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Nov 23, 2010 22:07
Tnotes prices are at the moment under geopolitical influence.
Remember my target for Nov was 1,36 when EURUSD was 1,42 and for dec initially 1,32 and later ye 1,20 . I think a recovery is possible above 136 by end Nov if geopolitics cease .
Ignore
Negril, Jamaica
Posted Anonymously
14 years ago
Nov 23, 2010 21:04
pussio..u still sht hyena?
said
mulhouse, France
Posts: 2822
14 years ago
Nov 23, 2010 20:47
to gauge next weeks market move better gauge the relation us treasury eurusd pair
usTNotes projected at 126 while eurusd projected at 132.300.

in case that help dont forget

CIBOULETTES ET AIOLI au service mentawai.
jazesfx
abuja, Nigeria
Posts: 15
14 years ago
Nov 23, 2010 20:19
@Asraf,
You are doing a great job here man. keep it up.
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Nov 23, 2010 20:16
OK Fanetti, please read carefully now...

back in Nov 2 when i called for long USDCHF, the market went against me so i said HEDGE THAT long USDCHF bia SHORT EURCHF abt the same time when EURUSD was near 1.43. Many people did not like that because they expected EURUSD to continue rising.

But EURUSD STARTED TO FALL, as USDCHF FINALLY began rallying.

I did make a TYPO earlier today and I said the crosses meant long EURUSD but then I CORRECTED IT that means I MODIFIED that means IT WAS AN ERROR that means it WAS CORRECTED WITHIN 10 MINS AND THE LATEST IS UP ON TWITTER.


Ashraf
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Nov 23, 2010 19:56
long USDCHF : you sell CHF to buy USD
short EURCHF: you sell EUR to buy CHF

that yields EUR buys CHF buys USD ::EUR buys USD that is EURUSD short



Fanetti Mazakura
Kyoto, Japan
Posted Anonymously
14 years ago
Nov 23, 2010 19:47
Ashraf, as far as I remember you said one option to hedge the long USDCHF is to short EURCHF but this will actually be short EURUSD and you added that you think not a good idea as EURUSD will most likely stabilize around 1.3700.
Now you are saying you said to short the EURUSD??? Not true, not true. Look up your tweets and and IMTs and you will see.
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Nov 23, 2010 19:39
REITERATING WHAT WAS SAID OVER PAST 2 WEEKS;

LONG $USDCHF + SHORT $EURCHF = Synthetic SHORT $EURUSD

It's just a matter of time before USDCHF regains 0.9950s after CHF gives in to USD strength.

EURCAD HotChart did not lie. EURGBP shorts in latest long article back below 0.85.


Ashraf
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Nov 23, 2010 19:11

German Chancellor Angela Merkel said the prospect of serial European bailouts was exceptionally serious, sending the euro to a three-month low as officials estimated saving Ireland will cost 85 billion euros ($114 billion).

Well arithmetic is beyond a politician's mental capacity.... 85 bln Euros ... jolly good joke.
A Total bailout is underway and that is Eur 150 bln. 85 bln do not suffice for bank bailout.
The ECB will have to buy Irish bonds.