Forum > View Topic
by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30745
Forum Topic:

EUR

Discuss EUR in this thread
 
subway90
Posted Anonymously
11 years ago
Mar 24, 2011 12:33
CAT...

maybe too much info for you to digest?.... i don't need PBOC, FED or ECB for my trades... all i can say... you were dead wrong for almost a year and counting... and yet you have so much to talk about... no need to shout out CAT.. just let your trade calls do the talking for you.... then maybe.. just maybe.. you might earn respect... until then you're nothing but an empty can just creating NOISE!....

hope you have profitable trades from now on... gl/gt
cat0nip
Frankfurt, Germany
Posts: 1632
11 years ago
Mar 24, 2011 12:26
sub
when PBOC speaks I listen. Could be Chinese chart astrology is onto sumpthin?
Could be it isn't chart astrology?
Kam
london, UK
Posts: 31
11 years ago
Mar 24, 2011 10:19
Remind me never to trade EURGBP again! This has a mind of its own. Only for those real long term traders out there with a lot of patience. I was short on this near trend line resistance of 8760, feeling good yesterday but today nearing my stop above 8760.

Kam
subway90
Posts: 1078
11 years ago
Mar 24, 2011 10:14
all 3 short posi stopped out at 4110...

now 4090/4100 will act as support level for test of 4150 immediate resistance... above 4150 would see test of main resistance currently running around 4180/90 level... back above 4200 could signal rsumption of uptrend has resumed...
subway90
Posted Anonymously
11 years ago
Mar 24, 2011 10:07
CAT...

whether astrology, horoscope, or coin flipping.... as long as it works...
anything would have a much higher success rate than your calls... so who's the clown now? :)
Celtic girl
Andorra, Andorra
Posts: 20
11 years ago
Mar 24, 2011 8:40
Thanks for that DaveO, l omitted to mention l was looking
for european broker
yobadnewz
London, UK
Posts: 21
11 years ago
Mar 24, 2011 8:19
Morning all, hope life is treating you well. I'm 30 today, looking forward to a good decade of learning more about my currency trading hobby.
So the Portugal problems have arose as expected, and a bailout now looks more a question of when than if. Meanwhile Merkel's hands are tied until German elections, as opposition grows to periphery bailouts, so this could be very bad timing to need a bailout.
In both Greece and Ireland, the run up to bailout was accompanied by big falls in the Euro. But are markets now more content with the bailout process having gone through it twice, and will Trichet's indications of a rate hike keep them on the Euro's side?
Yet no crisis is exactly the same, and without an elected government in power, the bailout of Portugal could be very complicated if they do not have a mandate to organise an IMF/EU bailout.
Meanwhile, opposition is growing to the FED's money printing policies, with one member calling it unacceptable. Markets still expect the Bernanke put to come in whenever they trend down, but what if this cycle is broken? Equities will fall and the dollar will rise.
I'm getting the sense now that the euro has had its rally, and will start downtrending from here into the summer.
cat0nip
Frankfurt, Germany
Posts: 1632
11 years ago
Mar 24, 2011 7:50
China PBOC says Eur risks have not vanished nor in any way reduced.
PBOC makes use of chart astrology based on Chinese horoscope. We are in the Chinese year of the clown.
fastpips
surrey, Canada
Posts: 69
11 years ago
Mar 24, 2011 5:30
Thanks subway90 for updates, very helpful.
subway90
Posts: 1078
11 years ago
Mar 24, 2011 4:47
moving trailing stop to 4110.... above 4110 could see test of 4150 and possibly 4170/80...