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

EUR

Discuss EUR in this thread
 
chloethebull
halifax, Canada
Posts: 1183
13 years ago
Aug 29, 2011 17:05
u right subio:), might as well play the range/up/down ive re-entered my short posi from earlier @14535 --b/e stop being used/tp-14465..as for committing myself to long posi not up here im not interested..im a lil shocked at how we all of a sudden switch fundi gears from last mon..lol..it seams soon as jackson hole was usdx took on a more neg bias and risk returned propping up eur(thats the only way eur can rise it still has a mess on its hands which is in it early stages) lol:( to these over inflated levels..but when i reveiw what big ben said i cant help but think hawkish..still no qe3 which means the fed is looking to portray a exit strategy.(weather it does or doesnt)but look at the last couple fomc meeting fed has again refused to talk more stimulous even with markets crashn down+us econ data dismal which should have given the fed the green light.but the sudden rise in risk appitite is justified for a releif rally so lets see how markets hold these levels going into the week.the point im trying to make is how does risk return when markets did not get there qe3/cheap money leaving the big money worried that fed starts to move away from a loose monitary policies/tightening.ok gl/gt:)
digi
toro, Canada
Posts: 1040
13 years ago
Aug 29, 2011 17:03
technicals follow fundies not the other way
givemethebill
Japan
Posts: 316
13 years ago
Aug 29, 2011 17:02
i see many different websites robots with their own S1, S2, S3. I think those are based on different hrs..As of current, like u said immediate support is 4465 .. i don't usually pay much attention to this sadly
subway90
Posts: 1078
13 years ago
Aug 29, 2011 16:54
DIGI...

with technicals.... we can take 1 step at a time than assume.... you're starting to make assumptions and you know too well that it's the mother of all f*ck*ps..... why are you trying to screw yourself? are you a saddist? LOL... :)

btw.... have you forgotten that CAT was preaching parity and below since mid 1.2xxx level.... i guess this proves he's THE GERMAN with the inside info.... :)
subway90
Posts: 1078
13 years ago
Aug 29, 2011 16:48
after resumption of a trend.... will usually see continuation or extension first...

in this case.... as long as 4465 holds... will likely see continuation or extension to next resistance area of 4600/4620.... where we could see pullback.... only break of immediate support would signal temp top in place and the pullback....
this is very basic DIGI... i thought you knew..... :)
digi
toro, Canada
Posts: 1040
13 years ago
Aug 29, 2011 16:47
cat is german so he knows the things first hand , euro for some reason is holding well , but i dont think it deserves these levels

maybe about 1,2-1.25
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Aug 29, 2011 16:43
tp 4504 ...but eur weakens
subway90
Posts: 1078
13 years ago
Aug 29, 2011 16:37
Digi....

after confirming resumption of uptrend.... corrections are normal and healthy.... break of 4465 confirms immediate top in place and correction down to possibly 4350/70 level or even bigger pullback to 4270/80 is possble.... only break of 4055 would confirm the DOUBLE TOP you're talking about... and will likely be heading below 3847....

OH dear Digi... what happened to you? you were a much better trader a year ago imo.... you're becoming like CAT... LOL!!!
anyway... good luck!!
digi
toro, Canada
Posts: 1040
13 years ago
Aug 29, 2011 16:35
for eur/swiss i need to know if its SNB or just traders if its the snb so their effort could be shortlived also
subway90
Posts: 1078
13 years ago
Aug 29, 2011 16:26
for Eur/CHF... could see continuation to the upside to test the next resistance level around 1.2100/2150 as long as 1.1750/70 level holds.... and possible pullback from that level to 1.1450/1.1500... b4 surging higher to 1.2600 level....