EUR

CATNIP....

hope you can also remember a few weeks earlier then...

you said 1.20 by end of Jan.

then last week.. you said Euro will not get past above 1.35....

suddenly... change of mind... and talking about 1.40/1.50?

what is the real deal?

if it falls back below 1.35.... then you'll start saying 1.20 again?

see the point CAT? you're the joke of this forum... :)

Boli, yes and I agree with what Xaron is saying and how can catnip possibly predict the very next fundamental ingredient many of which are surprises. The fundies are no more accurately predicted than our chart reads but the difference is we chartists can get some sleep :-)

SHIBOR demonstrates beyond argument China bubble close to pop. Very close. Its a matter of days not weeks. Thus PBOC must regain control in the next days as RRR doesn't work and fundamentally could not work.
Remember i predicted eurusd 138 to 140 this week but not because of sentiment change only because of China cash strap. Frankly I think now I was wrong in estimating effect on USDx of a huge PBOC hike. Another approach - fundamental not technical- yields USDx will go down below 75 on a 1% PBOC hike. ( That would eventually kill China domestic market) . And consequently
we could see EURUSD raise beyond 140 even 150.

shane...

well said.... hope to hear more from you especially your views...

catnip. you will kill yourself trying to keep up with all the fundamental ingredients. As Shane stated you can profit nicely by only trading price action. You will burn out my friend and this could also apply to ashraf.