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

EUR

Discuss EUR in this thread
 
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subway90
Posted Anonymously
13 years ago
Jan 27, 2011 9:12
coin flipping would have 50% accuracy... cat's call is close to 90% accurate... only problem is he gets it wrong.... :) unbelievable miss ratio... i really don't know how you do it cat.... LOL
subway90
Posted Anonymously
13 years ago
Jan 27, 2011 9:10
Xaron...

fundamentals may have advantage on the longer time frame..... but technicals give better picture and specific targets on shorter time frames...
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Jan 27, 2011 9:07
chart astrology has a hit rate worse than coin flipping....
Xaron
Munich, Germany
Posts: 528
13 years ago
Jan 27, 2011 9:05
Don't rely on the treasury yields in the US. This is all manipulated (same is true for the EU though). :)
usikpa
Moscow, Russia
Posts: 77
13 years ago
Jan 27, 2011 9:03
Spanish retail sales fell 4.4% annually in December, following a 1.1% drop in the previous month, the statistical office INE said Thursday.

Within total retail sales, food sales dropped 2.2% on a yearly basis and non-food product sales decreased 4.8%.

Data showed that employment in the retail sector decreased by 1.3% from the previous year. In 2010, sales were down by 1.7% compared to 2009.

Spanish bonds are falling.

Is it prudent to buy the dips ?

Xaron.

Were the markets really concerned to a slightest degree with the US ability to pay back, we would not be seeing the 10 year treasure yield where it is. Do you agree?
Xaron
Munich, Germany
Posts: 528
13 years ago
Jan 27, 2011 8:57
I'm a mixed guy. Heavily fundamentals with some easy technical stuff. But the techs are often misleading as the big guys know all the support/resistance stuff and candle patterns...
subway90
Posted Anonymously
13 years ago
Jan 27, 2011 8:36
Xaron..

you could be right.... but i'm all technicals guy... clear signal given on 8 hour/daily candle... facing the first main resistance level at 3750 and this kind of signal is likely a confirmation for me...

anyway, good luck with your longs... :)
Xaron
Munich, Germany
Posts: 528
13 years ago
Jan 27, 2011 8:30
My current stop is very tight at 1.3630 with a tp at 1.38.

I think we just saw a temporary strike into the Dollar because of the news but in the long run the markets will look at the US and doubt their ability to handle their debts situation as well...
subway90
Posted Anonymously
13 years ago
Jan 27, 2011 8:26
Xaron...

would you have stops for your current long? and what would be your target?

i see move higher in coming months but i don't see current levels to be good to go long... well.. that's my opinion...

expecting some menaingful pullback b4 next leg higher... lets see... anyway gl! :)
Xaron
Munich, Germany
Posts: 528
13 years ago
Jan 27, 2011 8:18
YEN HIT as S&P cut Japan's rating to AA

I guess that's the reason for a temporary shift into the Dollar. I used that dip to go long EUR/USD at 1.3645
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