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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
not sure what methods you use for trading but all i know assumptions are not healthy and can cost you some fortune...
anyway... good luck to both of us for i'm short also atm.... :)
will probably add shorts @ 4560/80 and cover all my shorts around 4360/70.... (if it breaks above 4520)....
8 hour candle still showing firepower... same old mistake... shorting without verifying on the 8 hour candle.... :)
will short again once 8 hour shows reversal and leave it up to end of the week/early part of next week...
all the best
I believe the pair is less likely to break 1.4519 however if it broke it is less likely the EUR WILL GO AND TEST 1.48 i think it is over for the EUR. the market will have to pay attention to the sovereigns debt crisis and to budget deficit in US these events will get the market attention over the next three months I think the pair will hit 1.25 by July.
All the best for all