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

EUR

Discuss EUR in this thread
 
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Jun 18, 2010 5:09
EURUSD will eventually reach parity but not before this bull trap is completed. I do see the built up of a big bull trap in stocks and in EUR as well. The first slaughter of bulls will happen in July then we'll see a big recovery and then wait for the fall...what I do not believe in and never did is
chart astrology. It is all orchestrated. Btw there is a well researched book about GS by Lisa Endlich....and gold...hum I own some physical gold, bullions, and gold loonies. But think clearly..
all fightings of deflation must end up in super deflation what is the value of gold then if there is nothing to buy? Gold is first of all cash, not an asset.
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jun 18, 2010 3:28
Patience.
ozzy
brampton, Canada
Posts: 14
14 years ago
Jun 18, 2010 2:39
catnip...

I'm kinda new at this,but why do you not believe Ashraf that eur will go to 1.16

A month ago he said sit back and relax it's going down,so I lock in now losing big time.

Any reason why you didn't lock in or did you take the loss when it was going up.

He said the same back in late Feb with gold and it did not go down it went up.

So in these situations any words of wisdom for a beginner?
INGbalek
Trencin, Slovakia
Posts: 120
14 years ago
Jun 18, 2010 0:16
@catnip...
ja vieleicht..;-) 1,2650 is my bet..
it looks pretty strong, when i take into consideration yesterdays behaviour..it simply doesnt want to break down..
im afraid, my 1,2450 sell order will be cancelled, and will choose to stay on the sidelines..
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Jun 17, 2010 22:25
Should eurusd break above 1245 one has to expect short coverage . I don't think that will happen tomorrow but long term - until end of june - eurusd can reach 127.
Mentawai
Nice, France
Posts: 25
14 years ago
Jun 17, 2010 21:42
Don't believe Sarkozy...he sold gold at its cheapest when he was the financial minister...said he will never change the age of retirement and changed it yesterday...cut VAT to 5,5 for hospitality and will increase it soon...etc....
djellal
LAUSANNE, Switzerland
Posts: 531
14 years ago
Jun 17, 2010 16:33

FRANCE SARKOZY: Stress tests will take place throughout EU, and will "announce results on stress tests."

catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Jun 17, 2010 15:39
made a mistake had eurusd long and short running on fx...short had sl while I took a sunbath..
sold EURUSD long @ 1238 and expect reversal now.
Passion Trader
Singapore, Singapore
Posts: 52
14 years ago
Jun 17, 2010 15:39
D1 Chart - EUR/JPY has resumed down trend. Looking forward for EUR/JPY hit new low of 108.00.
INGbalek
Trencin, Slovakia
Posts: 120
14 years ago
Jun 17, 2010 13:06
@pipster

Thanks...good luck as well...