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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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Ashraf Laidi
London, UK
Posts: 0
14 years ago
Jul 15, 2010 10:10
bad EURUSD call in this morning's IMT calling for 1.2670 so better favour it as i did for GBPUSD, with 1.2840 as next ceiling. but sticking w 1.5370 in cable.

Ashraf
Coach
Singapore, Singapore
Posts: 43
14 years ago
Jul 15, 2010 9:48
@stationdealer,

it looks like Eurusd will have a new high on the hourly chart. I'm ready to take profit very soon.
I've learnt to write a very difficult word - Patience!
Stationdealer
London, UK
Posts: 715
14 years ago
Jul 15, 2010 9:37
:)
Coach
Singapore, Singapore
Posts: 43
14 years ago
Jul 15, 2010 9:35
@stationdealer, it would be interesting to note if Eurusd closes above 1.2750 by the hour!
Stationdealer
London, UK
Posts: 715
14 years ago
Jul 15, 2010 9:32
Oh Coach you spoken too soon buddy
Stationdealer
London, UK
Posts: 715
14 years ago
Jul 15, 2010 9:30
Yes I agree there is certainly room below but that vaccum that was there before seems to be missing recently.

And yes I have actively trade AUD and CAD vs EUR and GBP over the past 2 months made some real good profits. I also advised some people here that it had some great swing potential, but I guess they pay more heed to your views. You probably missed that move while you were on your vacation in SA but man those were some great plays there. im still in few like EURCAD, EURAUD, GBPAUD, GBCPAUD, AUDCHF, and CADCHF NZDCHF
Coach
Singapore, Singapore
Posts: 43
14 years ago
Jul 15, 2010 9:23
Current Eurusd 1.2760.

If it breaks the resistant at 1.2778, it might test 1.28 shortly. And if it closes above that level, we may have a different perpective of the Euro in the short term
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Jul 15, 2010 9:16
here are those COT reports. CAD is the one that stands out the most. But the fact that EUR shorts are curtailed means thers room for fresh declines.
http://www.ashraflaidi.com/charts/speculators-futures-fx-positions.asp

Ashraf
Pipster
UK
Posted Anonymously
14 years ago
Jul 15, 2010 9:10
Coach

Agree with you 100% -

I would like to add that the people on this forum are of different levels of understanding. For the novice trader/s who are learning they way up, you can benefit sometimes from there guidance. That is all it should be.

You should develop yourself and understand your weaknesses.

I myself use their advice in line with my own trading method. Any errors or loss I am accountable for - no one else.

Also I like to post certain trades that I have entered. This helps me alot, as I am aware you guys can see so I make sure I have a plan before I post it.

This also invokes the opinion of others which is useful as others can share their thoughts and maybe it fits in with their thinking

Thanks All
Stationdealer
London, UK
Posts: 715
14 years ago
Jul 15, 2010 9:01
Also remind youselves to look at the COT charts againhttp://finviz.com/futures_charts.ashx?t=6E it may be early signs of convergence. Ashraf please give us a review of the COT whats your thoughts will we see a convergence or just another failure from 128.
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