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

EUR

Discuss EUR in this thread
 
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Xaron
Munich, Germany
Posts: 528
13 years ago
Jun 16, 2011 9:29
Given the debts situation (Greece is a joke regarding the size) I see the Euro at $2 rather than at $1.18.
chloethebull
Canada
Posted Anonymously
13 years ago
Jun 16, 2011 9:21
hey sub do u use trailing stops...im long as well@14155-14109...have moved my stop up to 14140 gives mr small gain but protects me incase we tank off uk data..ok gl:)
subway90
Posts: 1078
13 years ago
Jun 16, 2011 8:12
here i go.... just took longs... 4103.... tp 1.... 4220... tp 2... 4380 ... s/l will be set 3965 for now... or will manually close if daily closes below 4080.....
subway90
Posts: 1078
13 years ago
Jun 16, 2011 8:04
they repeat the same mantras again and again neither looking rigth nor left.....




nice one CAT.... just sounds like what you've been doing..... popping up everytime there is a little Euro drop chanting for parity again and again.... as if to justify your parity call since low-mid 1.2xxx levels..... what makes you think you got it right this time..... well... i guess even the dumbest human being can never get it wrong all the time..... :)
gl/gt
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Jun 16, 2011 7:46
Eur permabulls and USD permabears .... all get burned as I predicted in a long term view.
And nevertheless akin driverless tanks they repeat the same mantras again and again neither looking rigth nor left . USDx will reach 80 in 2 months and EURUSD will fall to 1.18 and QE3 will not come.
But Bernanke will sell off all his US treasuries at a very good price.
subway90
Posts: 1078
13 years ago
Jun 16, 2011 7:30
ok... 4090 tested....

if 4080/90 holds.. could see some recovery toward important 4220/30 level... clearly need to settle above that level for any chance of further recovery.. if not... downside could open for quick selloff...

looking at GBP... if 8 hour closes below 6150.... a big warning signal downside will open up and will likely see drop to 58xx level b4 any significant recovery...

well ... very much tempted to go long from current levels but momentum still there for further continuation south.... maybe could try a long at next dip below 4100 level....

gl/gt
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Jun 16, 2011 5:52
ugly there for euro.. not even little rebound in asia.. stopped out.. even with hedges:-(
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Jun 16, 2011 5:35
ok found Vegas.. and it's starting to make sense.. already using something similar for scalping on 1-3min charts.. but for 1h/4h swings, it's whole new world.. thx sir/tom
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Jun 16, 2011 5:13
pls disregard my last post!.. got everything mixed up there.. forums.. tunnels.. channels.. perhaps too much wine for lunch:-)
jacek
Australia
Posted Anonymously
13 years ago
Jun 16, 2011 4:39
basically trying to break-out-fade/rebound-scalp EUR from 4175 support (in horizontal terms - as im only familiar with these:).. but had a bit of go at drawing a channel and it looks like same level is also down-channel support.. am i right here, sir/tom?..

also have another question for tom.. what's a point of trading outside a channel only for that channel to meet the price action later as opposed to the price action getting back inside the channel?.. am i splitting hair here:-)

some persistent buyers around in aussie.. will gravity prevail?.. surely 200pips now worth more then 25bp in two months time.. heavy longs too so be crowded at exit.. is something else going on?..

finally, do you have to go to Las Vegas to learn to trade that LV tunnel method?.. :-0
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