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$1.32 Euro Under Construction
The deteriorating momentum of sovereign concerns in the Eurozone & further dissenting rhetoric from FOMC to weigh further on EUR & other risk currencies.
How are you? do you see any downside to EURUSD in this week and do you think Cable will reach 1.57 before it go towards 1.5350?
Thanks for your insight..
Thanks kim.
RSM, why dont youy call BB or twitter or look it up on the Net. do you use tweetdeck?
Peter, yes theyre fine but not sure fio they have more than 25 currency pairs.
Mandi, tech indics are VERY important when you know how touse them. Start with Murphys book.
Ashraf
I had unfortunately the luck to come across your site only two or three days too late
In future I hope to avoid further damages with your unbeatable oracle and description of the free fall of the Euro, starting in January.
I hope to survive in the forex world with your precious help.
Till November I was long in USD/JPY against the trend; scared about the rumours that there are decent amounts of USD carry trades, that the USD would weaken further.
Therefore I did not believe in a strong dollar any longer but in the contrary in a strong Euro , exactly at the time, as the trend changed fundamentally.
Do you think technical indicators are really helpful ? If so, I would like to send you my metratrader template ?
Manfred
In future I hope to avoid further damages with your unbeatable oracle and descrption of the free fall of the Euro, starting in February.
I hope to survive in the forex world with your precious help
Till November I was long in USD/JPY agaunst the trend; scared about the rumours that there are decent amounts of USD carry trades, that the USD woul weaken further.
Therefore I did not believe in a strong dollar any longer but in the contrary in a strong , ex actly at the time, as the trend changed fundamentally
Do you think technical indicators are really helpful ? If so, I would like to send you my metratrader template ?
Manfred
I'm newbie and looking into opening an account to trade at FOREX.com, is this a good company to use?
Thanks
peter
PS - If anyone else can shed some light on this is appreciated. thx
Not sure if this is the right forum for my question. I have BB and have clicked FOLLOW Alaidi on the Twitter. The software on my BB is called OpenBeak. The question, how can i get Alaidi's message on my BB whenever he tweets. Does the tweet gets pushed to my BB automatically or do i have to pull it.
BTW I have voted for Alaidi.
Cheers
Delighted to report creamed off around 200 pips total after shorting EUR/USD and GBP/USD - getting into the trades AFTER the NFP figures, excellent calls in your IMTs and tweets! This brings my alaidi-inspired total for the week to over 400 pips, dont know how to thank you.
Now I fear that One fine morning we wake up and find you have been grabbed by Bernanke/Gordon Brown/Chancellor Alistair D/ Goldman Sachs etc. ... which will leave us forum members rudderless.
Finally, regretfully my SHORTY vote doesn't count in spite of several attempts, I believe because I just joined your forum in Dec 2009. But you ARE the best!
Best regards
Kamall
If we see your 1,32 target in EURUSD, do you think that will probably be the low for this year ?
I mean, sure Greece and Portugal are worrying, but both together don't count for even 5% of Eurozone's GDP...i really don't see how fundamentals have changed so wildly from the 1,50 in november to now ?
I don't see what has become so much better in USA and so worse in Europe in 2 months to drop 2000 pips...
Thank you very much, and congrats for the great calls on twitter on news days lately (NFP & GDP).
1) Does confirmation of the Fed Chairman give the FOMC more scope to communicate the timing of end of "exceptionally low policy for extended period"?;
- Yes. BUT mkt will focus on any sign of dissent cuz it destabilizes the status quo of low rates for considerable period.
2) Does the EU Commission's approval of Greek Stability Plan tone down the focus on their fiscal front?
-Approval has its catch; they will revisit their plan in May and Aug but things could get ugly if internal polit problems emerge in Greece.
Ashraf