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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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DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Jun 3, 2011 20:22
any reference to "system" was re our own personal trading methodologies.
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Jun 3, 2011 20:20
no robots. The robot talk is catnip who developed his own mathematical device for currency strengths.
givemethebill
Japan
Posts: 316
14 years ago
Jun 3, 2011 20:16
(if i am lucky enuf pullback to 1.4570) btw, Dave and chloe u've been talking about "system" what robots or software do u use? I am curious. any chance of a pullback in the next days?
givemethebill
Japan
Posts: 316
14 years ago
Jun 3, 2011 20:10
beginning to believe the big peacock lol.. going into the highs of .49 to a double-top. I think end of Q4, returning to 1.34 level (forget not Portugal, Ireland still unresolved). Euro slow growth can't afford to raise int rate. will re-enter long at 1.4570.
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Jun 3, 2011 20:00
calm down Chloe and try stop thinkin. Both EU and US are basket cases, both of which will play out in the fullness of time.
chloethebull
halifax, Canada
Posts: 1183
14 years ago
Jun 3, 2011 19:21
lol so far the cb trappers might be catch and release type...giving every1 a chance to get there money back as long as they wernt too greedy and over extended themsalfs lol..i like were im heading with this:)..dave i know tech you have to be bullish but fundies what do you make of it do u think eur has resolved issues and its all ok?thanks:)
chloethebull
halifax, Canada
Posts: 1183
14 years ago
Jun 3, 2011 19:14
thats what makes it a very hard game to play not knowing what the move is unless ur lucky to have lunch with imf friends lol..so very easily we could be heading 2 14900..but like i said we could reverse at anytime from now to 14900..i would be more concerned if ashraf gave 150++t/p lol..but he didnt so we could reverse at any levef from now-14900..unless of course he has lunch again with imf friends and they give him the updated play lol:)
chloethebull
halifax, Canada
Posts: 1183
14 years ago
Jun 3, 2011 19:05
i don;t think its ping pong between fed &eu boys rathere hunting season with cb(both us+ecb)vs every1 eles...but yes charts are very much need in picking r/r exit/entry...my moving average alarm keeps goin off lol first long then short ..so i;ll call it sidways lol:) or consolidating lol:)thanks dave:)
chloethebull
halifax, Canada
Posts: 1183
14 years ago
Jun 3, 2011 19:01
sub i think u be ok and will book profits at some point..heres my 2 senerios we push higher towards the 150++ level were pl get convinced(over confident) eur is safe and problems solved then cb do a fake out and suddenly tank the eur creating there bull trap or cb make the down move between current level and the 14900 level..but it happened perfectly @149level when it droped 200-300pts trapping longs and forcing them to cut there losses or wait for the bounce back to 14900 level which never happed so bull added to there losses..now look @ the bear trap that was set @ 13950 level every1 thinkn ez back in trouble and heading to 13000then bam shoots up couple hundred point fast trapping the bears..and forcing them to cut there losses orhang onto for retest of 13950 which never happened....traders need to realize cb an neither bears or bull rather good old trappers:0 SAY WHAT!!! gl:)
DaveO
N.Cornwall, UK
Posts: 5733
14 years ago
Jun 3, 2011 18:53
yes Chloe, its a game of ping pong between the Fed and the eu boys. All we need to do is to trade the charts, price action. The rest is just noise in our earoles which are in danger of going deaf.
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