EUR

yes Ashraf I know you use technicals, I use technicals, almost the whole world uses technicals. It is your other attributes which stand out from the crowd in this world of trading.

So, Catnip, are you long EUR/NOK now?
I must admit EUR looking strong against all smaller currenicies, NOK, etc. It have strenghtned against NOK more than anything else last 3 days.... I don't like it.

pigs are liar, cant trust them by any excuses!

but eurobond may resolve the problem, then we dont have drop again...not good...

why not blablabla, rally on rumours, then drop becasue fact come out. (martin wolf/soros said next year, in feb or jan)

china cant bear pigs use them as rumour again again and again, so wenjiabao said the fact.

If eurobonds are eventually introduced, which is inevitable, yielding 3% to 4% , then fundamentally EUR must rally. Thus I have added to my long pos every time EUR plunged.
But care must be taken: some french banks are out of dollar funding thats not a rumor.
Thus sl must be adjusted.

In regard to Ashraf Laidi.

Ashraf is a very well known analyst specialising in intermarket correlations. His book is definitely worth purchasing for experienced traders who want to expand their knowledge, particularly in currencies and gold, silver, teasuries. He is fundamentally a fundamental analyst with great debth of knowledge and incredible memory going back many years.

His tv interviews are a particular feature as he has great skills handling some of the less desirable carnival barkers who ask him silly questions and try to pressure him into predictions.

I don't recommend this reading for novice traders as there are many more priority subjects for them to become well versed in first.

I do recommend this reading for traders who need to focus upon fundamentals to intergrate with their technical trading. This is what is employed in the current system in review here.

Here is the title and I hope Donna will allow me to post this as it is relevant to the thread.

Currency Trading and Intermarket Analysis