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
long euro 4195...
sh usd/chf .8484
__________________________
with money management and adding at correct times, trades have moved into the money.........................................................................................................................................................L euro 4195 usd/chf sh 8484
Mr. 91% now, aka Sir 'skipper' Ignore......
hard to bust mid 6 figure multiple accounts.................
chow mein peepz..
------------------------
Ashraf:
still protecting the racist, hate mongrel gunjack?
or is it OK now with you, massa?
Prophets have two possibilities
Either
history is repetitve preferrably in self similar patterns
Or
history doesn't repeat
Endgame.
Important reading for the higher timeframe !
Phew, its hot !!!!!!!
Good trading to all in the face of chaos.
Dave.
From MNI FX Bullets
CHINA/EUROZONE: The NY Times reports that Chinese Premier Wen Jiabao
will visit Hungary, Britain and Germany June 24-28. The latest trip
comes a few months after Wen visited France, Portugal and Spain and
offered to help with the debt crisis, the report says. With Greek debt
woes rising, there is talk that "the white knight is coming." In late
2010, China announced plans to buy Greek and Portuguese debt and has
already followed through with select peripheral purchases. While China
did not officially admit to participating in the successful EFSF E5 bn
bond issue in late January, senior Chinese officials have repeatedly
stated their active involvement in the European debt markets --
including those of Spain, Portugal and Greece -- throughout the crisis.
Of the deemed successful (E8bn in orders) E5 bn EFSF bond 10-yr auction
Wednesday, EFSF CFO Frankel said Asia took about 40-45% of the bond (vs
36% in Jan), with European demand at 30% and UK demand at 25%. Frankel
said after another E5bn in June/July, the EFSF expects to return to
the market in Sept and will do at least another 10-year before year-end.
Ashraf