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

EUR

Discuss EUR in this thread
 
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Jun 30, 2011 9:05
yes subz .... everyone knows your sl is never hit.... no need for sl in 90% paper trades.
No matter what astrology and well know USD permabears predict the EURUSD direction is SHORT
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Jun 30, 2011 5:11
love this comment on ashs recent yahoo piece on Greece: "Who cares about what happens to Greece in future? Right now [EUR] is going UP!".. might put it as a banner on my trading workstation:-)
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Jun 30, 2011 4:49
thx subz.. yeah rub it in:-) just back from lunch and missing out on all these pips:-(.. at that rate my options will be in the money before even Europe opens.. false sense of security with these..
subway90
Posts: 1078
13 years ago
Jun 30, 2011 4:38
4530/40 will cap any extension higher for now and see pullback.... if 4370/80 holds... could see continuation higher from there.... break below 4327 would signal end to current wave from 4102 and likely see bigger pullback to 4150/60.... expecting Euro to break north and test 4800 level in coming weeks/months as long as 4102 holds...
the big triangle will still be in play if Euro breaks below 4327 and may see another 2 week consolidation b4 the breakout...
break of 4102 would signal move south and target 35xx/36xx level....

gl/gt
subway90
Posts: 1078
13 years ago
Jun 30, 2011 4:07
looks like CAT got stopped again.... :)

tp 1... 4380 tp 2... 4160
subway90
Posts: 1078
13 years ago
Jun 30, 2011 4:01
first short entered @ 4510......
subway90
Posts: 1078
13 years ago
Jun 30, 2011 3:54
i told you jacek.... :)
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Jun 30, 2011 2:07
EUR indecisive.. now in that narrow 4443-68 range.. it could be here all asian hours:-)

"..there have been some signs of market interest fading away now.
The immediate resistance now is at $1.4496 June 14 high.."
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Jun 30, 2011 0:39
let's see if that 4443-63 break out level holds now for higher.. or EUR risks recycling lower again.. next 30 min will tell..
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Jun 30, 2011 0:30
perhaps USDx might get reprieve after this unfortunate news ..


A 5.5-magnitude earthquake jolted central Japan at 0816
JST (2316 GMT), but the Japan Meteorological Agency did not issue any
tsunami warning. The epicenter was in Nagano Prefecture