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

EUR

Discuss EUR in this thread
 
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Oct 23, 2011 23:53
The rabbits are still caught in the headlights.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Oct 23, 2011 23:49
Looks like the Sunday summit no further forward except they did agree another meeting :-)
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Oct 23, 2011 21:27
lack of reasonable outcome from EFSF summit weakens EURx EURUSD drops 70 pips on asia open.
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Oct 22, 2011 14:22
My 2 videos on:

Discussing EFSF guarantess, EURUSD Cycles, Fed/ECB monetary policies http://www.youtube.com/ watch?v=rEJoZmD8xkc

Discussing the various approaches of technical analysis and trading dynamics in EURUSD and S&P500 http://youtu.be/paIwdUwgtiw


Ashraf
cat0nip
Germany
Posted Anonymously
13 years ago
Oct 22, 2011 10:37
methinks there is a connection FED and EFSF summit.
Most possibly the issue is undercapitalization and very high leverage of EZone banks ( note
commercial banks and investment banks are not separated in Ezone) .
Thus one can expect the EFSF summit has no degrees of freedom left.
They must decide a full ( CDS will be activated) backstop of banks for a 50% to 60 % haircut of Greece debt;
that is more than Eur 250 bln for bank recap
and
around 1.5 EUR trn EFSF bailout fund
I assume, as there were big USD long pos and even more EUR short pos built up , a squeeze
could propel EURUSD above 1.4
this should be a very good short level for 400 pips , from 1.4 to 1.41
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Oct 21, 2011 21:56
yep a QE rally !!!

Skipper DX close to its 200DMA with usdchf confluence c.8740
Qingyu
manchester, UK
Posts: 1763
13 years ago
Oct 21, 2011 20:15
hahahaha, italian banker and swiss lover. :D
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Oct 21, 2011 16:55
Hum so after all its NOT a EFSF or so relief rally its a QE3 rally ... the nth of that kind
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Oct 21, 2011 16:51
Its interesting EURx didn't change at all its only USDx that determines EURUSD...no matter what I tp in the long hedge @389. It could be the build up of short interest in EUR can trigger
a spike to 1.40 ..or not.Traderz are skeptical.
Sir Ignore
United States
Posts: 3068
13 years ago
Oct 21, 2011 15:49
rewrite first line: has fallen back to daily 50% fibo not clear break above..perhaps double top or 3 rd try will make it at 3927