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

EUR

Discuss EUR in this thread
 
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Jun 24, 2011 10:09
wow!.. more chaos.. any theories?.. stopped and sidelined:-(
subway90
Posts: 1078
13 years ago
Jun 24, 2011 10:01
there it goes....

back to range... downside on hold for now....

with this pace could continue higher to 4350.... where i expect a pullback to 4240/50.... then higher toward 4400 again....
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Jun 24, 2011 9:37
ok bot takes over . Looks like range trading . limit sell cancelled
subway90
Posts: 1078
13 years ago
Jun 24, 2011 9:17
support now formed around 4185/90.... break below 4165 would likely mean it's headed lower...

back above 4265... would mean it's ready to move higher toward 4330/40...

gl/gt
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Jun 24, 2011 8:34
oops not quiet at all... sell limit missed EURx crashes USDX back in raising territory.
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Jun 24, 2011 6:47
Further take notice all those rumors spread by EUR perma bulls China steps up as white knight buying greece bonds were just that rumors by those well known USD perma bears EUR perma bulls. China DID NOT buy greece sov bonds.
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Jun 24, 2011 6:42
Neither chaos nor random nor fractal.... but academical questions do not apply here.
I don't see any profitable trade setup in eur crosses so far. fx will be quiet today.
The very clever move tapping oil reserves triggered a rally in asian stock markets but did not
change USDx.
jacek
Australia
Posted Anonymously
13 years ago
Jun 24, 2011 6:18
Thx Sir.. taken on board..

only seemingly random though but definitely chaotic.. trading reverse butterfly effect here:-)

in the chaos theory, the wreckage left after massive gyrations is fractal.. fractals are essentially remnants or leftovers from the chaos theory occurring everywhere in nature..

so this current level of EUR looks to me as an eye of the storm.. thus halving position here is highly advisable..


cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Jun 24, 2011 6:06
sl was exceeded by 9 pip . EUR stayed weak vs all majors is now falling vs CHF.
Nothing has changed fundamentally. Wait for London open preliminary stop sell 4290
Sir Ignore
United States
Posts: 3068
13 years ago
Jun 24, 2011 4:05
subz..how many times do I have to tell you?? 1.3500