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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
Posts: 1078
13 years ago
May 17, 2011 16:06
qingyu..

any special reason why i shouldn't long Euro?
subway90
Posts: 1078
13 years ago
May 17, 2011 16:04
chloe...

yes... still could go higher if 4100 holds..... but i believe break of 4090 could signal move south already.... still possible test of 4260/4300 imo....
could try long around 4100/4110 with tight stop or s/r below 4090....
Qingyu
manchester, UK
Posts: 1763
13 years ago
May 17, 2011 16:01
sub, dont long eur...
chloethebull
halifax, Canada
Posts: 1183
13 years ago
May 17, 2011 16:00
on the smaller time frames i see eur grinding higher..making higher highs and higher lows ..i see next high @ 14200 level with the next low @ 14165-70..levels..seams like the eur &$$ tryn to figure out whos in better shape but i agree wit sub i think its goin much lower if fed starts to finish with qe programs were eur seams to be heading into a mess of social-ecom problems+new legal issues just adds to the uncertantie..gl guys:)
subway90
Posts: 1078
13 years ago
May 17, 2011 15:56
dave....

played some scalp trade for the week.... up and down...

sidelined for now... :)
still favor shorts.... though...

will short 4260/80 with s/l 4340... if moves up.. and
will long if i see dip to 3950/60.... could still go either way... don't wanna get caught in the middle..
:)

how about you?
Qingyu
manchester, UK
Posts: 1763
13 years ago
May 17, 2011 15:54
most people on this forum dont like their government, especially chinese and german...
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 17, 2011 15:35
Subz, you trading this ? :-)
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 17, 2011 14:29
It is not governments can solve our problems. Its new entrepreneurs and small companies starting up with good ideas. Governments typically take a problem and make it worse. Large companies mostly show negative employment growth through efficiency savings and mechanisation. Small companies are the major potential employer for the future.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 17, 2011 14:15
The fact is the eur concept was always doomed from the start. Every country has a different situation and different requirements. And the EU means VERY BIG government. Small individual governments are what is required. Trading relationship by all means but that's where it should end.

I feel very sorry for the German peoples in particular. Hard working highly efficient nation pays for all, encourages laziness and extravagence. Therein lies the problem and you can't turn the clock back on debt ! Greek debt is completely and utterly irreversible, default their only solution. Enormous medium term pain for ultimate survival and fundamental change to culture.
jacek
Melbourne, Australia
Posts: 2579
13 years ago
May 17, 2011 13:25
to Draghi..

Q: What do you get when you cross the Godfather with an economist?

A: An offer you can't understand.
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