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

EUR

Discuss EUR in this thread
 
montmorency
Abingdon, UK
Posts: 610
14 years ago
Apr 15, 2010 9:25
@Catnip: When/where did you start shorting from, if I may ask?
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Apr 15, 2010 9:18
I made close to 200% on EUR/GBP short and its still ticking up. EUR tumbles. Again its bond credit LIBOR spread that determines major pairs not patterns and whatever retracements. EUR is doomed.
ptaczek
Brno, Czech Republic
Posts: 110
14 years ago
Apr 15, 2010 9:06
@montmorency: I'm using EUR/GBP as a EU/UK balance indicator only. That pair is non-tradeable to me.
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Apr 15, 2010 8:48
Frankly imo the currency designed by and controlled by merrily drooling clowns is predictable.
When they claim the debt crisis is only the fault of speculators... what level is that? Below the bottom?

montmorency
UK
Posted Anonymously
14 years ago
Apr 15, 2010 8:39
I find EUR/GBP in general anything but predictable (other than that it often ranges). It seems to me that this pair is pretty much at the mercy of the combination of EUR/USD and GBP/USD, given that EUR and USD are by far higher traded currencies than GBP is. Unless there is solid bad news out of Euroland and solid good news out of the UK ... I suppose at the moment the UK "good" news is a likely Conservative win, and the "bad" news out of Europe is the renewed uncertainty as it is realised that the recent settlement doesn't really alter the underlying picture? Meanwhile EUR/USD seems to have run out of steam a bit while GBP/USD is riding high.
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Apr 15, 2010 8:07
You need not be a prophet .... I agree some circus clowns are wise philosophers but those EU clowns
are just clowns...
ROFL
April 15 (Bloomberg) -- Greece bonds show the nation may have to tap a 45 billion-euro ($61 billion) international bailout to convince investors it can avoid a default.

The governments two-year notes fell for a second day yesterday and the cost of insuring against default approached the record high of April 8, three days before euro-region finance ministers announced the aid package. The parliaments of Germany, France and Ireland will have to vote on whether to contribute their share of the loans, government spokesmen said yesterday. Dutch lawmakers will discuss Greek aid today.

There are concerns that the money will not be available, said Toby Nangle, who helps oversee 46 billion euros as director of asset-allocation research at Baring Investment Services Ltd. in London. There are people who are willing to place their own money at risk in anticipation of this thing not going through.
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Apr 15, 2010 8:00
EUR/GBP short has been a profitable trade so far it still looks it isn't time to take profits
I do not trade CHF because SNB's reserves are almost all EUR and Switzerland is a huge
tank ol illegal ( tax evasion and such ) money from Russian Oligarchs. I won't ever touch
"political" currencies. (except EUR but this is predictable)
Jmx
Singapore
Posts: 44
14 years ago
Apr 15, 2010 6:39
I see a retrace to 1.3450 maxs.
Callum
Singapore, Singapore
Posts: 179
14 years ago
Apr 15, 2010 5:49
Anyone trading EUR/GBP or EURCHF? Looks like EURGBP is moving down fast, and maybe more room to go?
said
mulhouse, France
Posts: 2822
14 years ago
Apr 15, 2010 5:19
WHO THINK WE GO TO 13590 ON EURUSD