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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
Dec 13, 2010 23:19
You expect more than 250 pip range every day ? Or you expect every move to go straight up or straight down ?
Shane
Lahore, Pakistan
Posts: 209
13 years ago
Dec 13, 2010 22:20
No close above 1.34, but it did took my stop loss which was lowered to 1.3430 from 1.3460. Darn i always do that to myself and if it doesnt go up i will regret more and looks like it doesnt wanna go up.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Dec 13, 2010 20:56
Double bot formed on E #F on Friday. Scratching ammo for bulls. It also made perfect symmetry at 106.15 lows from the 4th Nov high.




DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Dec 13, 2010 20:44
catnip, no clean break yet, that was my point !
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Dec 13, 2010 20:42
Stocks been holding up today on fumes, negative breadth. We seen it all now. The risk appetite is VERY precarious. Breadth needs to increase tomorrow or stocks likely to crater.
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Dec 13, 2010 20:41
what clean break?
In case of deep trouble not knowing wht to do ask Dr.Ben he is pleased to guide you.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Dec 13, 2010 20:28
The clean break of 3420 is bound sure to keep us in suspense
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Dec 13, 2010 20:22
Yes, importing young working age immigrants is a solution but not when there are no jobs, that just makes matters worse :-) I keep telling our lot in UK but they don't listen:-) USA also has the same problem. Over capacity worldwide and deleveraging will take many years to play out I think. That's assuming the planet can survive another bank crisis in the meantime.
Fanetti Mazakura
Kyoto, Japan
Posted Anonymously
13 years ago
Dec 13, 2010 20:09
What I wanted to say is the majority of market players is expecting the euro to fail because EU is in deepest shit but USA is no better. So what is to expect? Just ask yourself? Which one can surprise to the upside? Of course the euro because virtually everyone expects it to fail.
Fanetti Mazakura
Kyoto, Japan
Posted Anonymously
13 years ago
Dec 13, 2010 20:05
Dave, agree on the demographics issue. That is why the social security systems in these major developed economies are imploding. There is no easy solution if any at all. One possible is to allow immigrants but that of course is a double bladed sword. In any case tougher times are ahead for these countries.