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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:
EUR
Discuss EUR in this thread
Which currency meter do you guys use to determine the strength and weakness of a currencies overboard?
EUR has been weak all day only JPY and USD were weaker majors that has changed exactly 15:30 local time, that is exactly at NYSE open now EUR is as weak as JPY.
so what happened? Don't know but i don't trade prices I trade strong vs weak
I trade in the same realm that Catnip does. I do not trade currency pairs. I trade strength or weakness of an individual currency. This methodology is much easier for me and requires only basic technical skills to employee.
FYI: Bought the $ during NY session.
Peace...
FXDave
looks to break 3245 and then downhard....?
Thanks man, your analysis has been very helpful and they really come handy.
Keep it up man.
Cheers
current 3274
but not unusual that I missed important facts,
thanks
you don't see two important facts
EUR has been weak all day only JPY and USD were weaker majors
that has changed exactly 15:30 local time, that is exactly at NYSE open
now EUR is as weak as JPY
so what happened? Don't know but i don't trade prices I trade strong vs weak