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

EUR

Discuss EUR in this thread
 
djellal
LAUSANNE, Switzerland
Posts: 531
14 years ago
May 13, 2010 14:58
I shall indeed tell you to hold your position until 1.20 but personally i'm waiting for an sharpe SNB intervention (in few hours) on eurchf which could support eurusd
letitroll
New York , United States
Posted Anonymously
14 years ago
May 13, 2010 14:45
@Ashraif, catnip etc. i'm looking to convert actual Euros into USD (my timeframe is anytime in the next 1-2months) should i hold off and wait for a rate better than 1.25 or should i rush to lock in this rate now in expectation that EURUSD is headed for 1.20 soon??
djellal
LAUSANNE, Switzerland
Posts: 531
14 years ago
May 13, 2010 11:01
EURO-SWISS: One trader suggesting that the SNB is not linked to the
reported large bid at Chf1.4005, saying it is linked to protection
of the barrier at Chf1.4000. Additional talk suggests there is at least
a 'yard' (E1bln) of stops from Chf1.4000 down to Chf1.3980. Asian
traders earlier had suggested that sovereign demand would appear below
Chf1.4000.
Stationdealer
UK
Posted Anonymously
14 years ago
May 13, 2010 10:33
Stocks sidelining, Gold stable, euro slips, gbp decline, oil likely to test 7320....

While dollar index likely to form a double top around 8540, incase it turns south, buy AUS, GBP, EUR, buy oil sell Gold 11945 - 11885 for then buy back signals.

Meanwhile i sight Eur towards 13230
GBP to 15350
Aussie to 9115

Copper also will move to 325
montmorency
Abingdon, UK
Posts: 610
14 years ago
May 12, 2010 23:42
We are practically at, what, 3-year lows? Who wouldn't be scared? I'm currently flat, Euro-wise, but always on the lookout for opportunities.


ross
Hawaii, United States
Posts: 37
14 years ago
May 12, 2010 23:20
Thanks for the reply Catnip! I guess I shouldn't have closed my shorts - but when I read you were long I got scared! I don't want to trade against you!
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
May 12, 2010 21:44
No I have closed already at 1.27 and opened short 1.2675 that is running with target 1.2610 tp
closed out AUDUSD short also, i am short cable .
Could be EURUSD reverses i'll put stop buy 1.265 however far too many rumors to determine a safe entry. USDx might top soon 84.9
ross
Hawaii, United States
Posts: 37
14 years ago
May 12, 2010 21:12
Catnip what is your target on your long eurusd? If the pair closes below 126 will you change your idea? I am too chicken to go long, but I have been wondering what keeps this pair supported - is it governments or some big banks. So many people are calling for shorts on this pair - even CNBC people are talking about it - maybe that is a good sign to go long!
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
May 12, 2010 18:17
Gunjack Exactly as Lucky said when the short squeeze ends and all short positions are burned off.
It appears btw only EUR buys gold USD doesn' t GBP doesn't either.
lucky
ibadan, Nigeria
Posts: 377
14 years ago
May 12, 2010 18:09
yes gold and silver