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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:

EUR

Discuss EUR in this thread
 
Lisa Mishpeka
Samoa American
Posted Anonymously
13 years ago
Jan 24, 2011 16:04
@Ignore
Remaining longs closed at 1.3680.
Now standing by. Needs to reassess situation.
Ignore
Negril, Jamaica
Posted Anonymously
13 years ago
Jan 24, 2011 15:35
Hello....'da best lookin trader is in da house now; pls stay seated....
got 81f currently with 12 knot w. from east..few clouds..beaches fillin up wid deh fox

DaveO u there?

DAHAB
dubai, United Arab Emirates
Posted Anonymously
13 years ago
Jan 24, 2011 15:07
this china never wants euro let down.when euro down china coming with any statement.....but for how long............let ceee good level euro seell 1.37......will cee
sydneyjames
Sydney, Australia
Posts: 348
13 years ago
Jan 24, 2011 14:57
euro to 1.40
Putko Mafani
Cape Town, South Africa
Posted Anonymously
13 years ago
Jan 24, 2011 13:04
Problem is this is comment on the situation by Zerohedge, which has been generally wrong about market trends for the last 1.5 years.
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Jan 24, 2011 12:51
Yes as said SHIBOR spike is not a periodical event it has Lehman magnitude...

what if PBOC FAILS to replenish interbank market?
The SHIBOR is critical for short term biz credit rates and also for mortgage rates.

we cannot trade SHIBOR but its effects: wti short brent short copper short aluminum short

imo PBOC is very far behind the curve too much political directive in PBOC policy...never good.


Putko Mafani
Cape Town, South Africa
Posted Anonymously
13 years ago
Jan 24, 2011 12:30
PBOC Scrambles To Reliquify Chinese Interbank Market, Injects CNY 300 Billion Of Liquidity http://is.gd/qK6Ja3
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Jan 24, 2011 11:08
Godd example of how to direct a pack... http://www.bloomberg.com/news/2011-01-24/euro-bears-retreating-from-merkel-pledge-as-strategists-draw-line-at-1-30.html
given the yield differential however EURUSD should be higher ...anyway I will start to hedge short if EURUSD breaks 1,35
Shane
Lahore, Pakistan
Posts: 209
13 years ago
Jan 24, 2011 10:37
I agree with dave O and catnip, Banks, big hedge funds, market makers all are the front covers of the big money boys. They have made it such an uncertain market that no one can really judge the direction except the one who has a bigger fundamental picture in mind . Now aswell when they have already pushed euro 800 pips every one of us is planning to go long so i guess its not long b4 we go down to 1.20s in euro again thats exactly is how they play and there are a few ways you can outsmart them. One is if you have money like them but unfortunately we dont have that much so we have to be very very careful when doing swing or scalping.
DaveO
UK
Posted Anonymously
13 years ago
Jan 24, 2011 10:17
Yes, "the herd" represent something over 92% of all traders, some say more than 98% who lose money on a consistent basis. We have to be expert enough to fall into the top 2% category.

Its my belief that banks rule the world, always have done and always will do. They have more power than politicians.