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by Ashraf Laidi
Posted: Nov 24, 2008 3:56
Comments: 677
View Analytic
This thread was started in response to the Analytic:

EUR Trade Index 18-Year Chart

Daily EURO chart of 18 years of cyclical developments in finance & politics
 
Xaron
Munich, Germany
Posts: 528
15 years ago
Jan 8, 2010 19:12
spec, to say it with your words: look at the Euro now it has eliminated most of its losses from the retracement after the news shock today. ;)

Anyway, that's just noise, 100 pips up, down and up again...
said
mulhouse, France
Posts: 2822
15 years ago
Jan 8, 2010 18:44
thanks ashraf
montmorency
Abingdon, UK
Posts: 610
15 years ago
Jan 8, 2010 18:38
@rkkashmir

<blockquote>
Time to short eur.usd. The Money Makers put 65 pips back on their Boy Toy eur.gbp to get it back to 0.900. The amazing thing is GBP exploded also.
</blockquote>

I was a bit premature in shorting it. Still, I can wait.

It's been quite a ride today, not that we should have expected anything less.
Made quite a few pips one way or another.
Now just have to hold on tight, be careful and not lose it all by doing something stupid...
rkkashmir
Posted Anonymously
15 years ago
Jan 8, 2010 18:25
Time to short eur.usd. The Money Makers put 65 pips back on their Boy Toy eur.gbp to get it back to 0.900. The amazing thing is GBP exploded also.
Ashraf Laidi
London, UK
Posts: 0
15 years ago
Jan 8, 2010 17:21
Said, i dont expect USD and JPY to both waeken vs EUR. i stick with 1.38 eurusd. i said 1.4270 in Dec and we got that. After the rebound to 1.45, i see 1.38 as per this week's article.

Ashraf
said
mulhouse, France
Posts: 2822
15 years ago
Jan 8, 2010 16:12
ashraf
i reformulate my question.
a scenario with yen weakening and dollar weakening vs euro? that kind of competition.
speculator
Posted Anonymously
15 years ago
Jan 8, 2010 16:11
look at the dollar now it has eliminated most of its losses from the new shock today.
nzvik
Auckland, New Zealand
Posts: 225
15 years ago
Jan 8, 2010 15:29
Gunjack

Haven't traded this pair in a long time. So wouldn't be fair for me to advise you.

However, just having a quick look at it : would prefer short mainly if I had to. the pair has been largely between 2.2 and 2.3 for the last 3 months so 2.3 is not really a brave call from GS. If trading short term (1 to 2 days) then shorting it now for a target around 2.16 looks like a potential trade.

cheers
vik
Gunjack
London, UK
Posts: 1184
15 years ago
Jan 8, 2010 15:11
Hey NZVIK whats your opinion on GBP/NZD...GS are calling for 2.3 in 2010
nzvik
Auckland, New Zealand
Posts: 225
15 years ago
Jan 8, 2010 14:52
Fed probability of rate increase diminishes further with the NFP at -85k. The USD rally from Dec 4 started by the previous NFP looks to have ended with the latest negative NFP. However confirmation needed over the next couple of days.