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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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lucky
ibadan, Nigeria
Posts: 377
15 years ago
May 15, 2010 0:01
i believe if there no any sign of attention by policy makers in eurozone and ecb during the weekend be prepared for a free fall in euro in case of any euro correction its opportunity to short again
FXHandler
Norway
Posts: 195
15 years ago
May 14, 2010 22:55
Speculator
I was harsh to you earlier, last year. But I see you are a long-term trader. You got my respect, I think your analyzes are fully fundamental and might be very correct.

Good luck to you.
Karan
Singapore, Singapore
Posts: 83
15 years ago
May 14, 2010 22:52
@ catnip I am long eur/jpy and eur/usd as well.....@ horrible levels! where do you see euro recovery capped at? if greece is able to meet its bond obligations on Thursday, do you see the euro recovering? also, taking into consideration the USDX's 6 month streak, do you see it rising further?
catnip
Frankfurt, Germany
Posted Anonymously
15 years ago
May 14, 2010 22:45
I am long EUR too ...even EURJPY long. Gold showed signs of a top there short squeeze might have happened and indeed if everyone is short EUR it shouldn't drop much lower for now. Also UST 10 y note future is maximally overbought. However longer term EUR target is 1.21 at first.
Gunjack
London, UK
Posts: 1184
15 years ago
May 14, 2010 22:03
Just read a post over at zero hedge...the net short exposure on eurusd is at an all time high, nearly everyone is betting against the euro...any reversal would cause one hell of a squeeze most likely to 1.3 and beyond...Am going long eur calls for the sept expiry anway
Rob
New York, United States
Posts: 305
15 years ago
May 14, 2010 21:58
Gosh Ashraf - You're too good for your own calls! Blowing through all your targets! Thanks for everything - much appreciated. I may just go all in selling Euro - targeting parity! We'll see. Have a great weekend.
speculator
Posted Anonymously
15 years ago
May 14, 2010 21:52
My theory since 2008:

1- risk collapses as liquidity contracts and corportate insolvencies are fears

2 - markets collapse

3- central banks come in and rescue

4 - investors starts to regain confidence and pile in money

5 - risk becomes overbought over a short period

6 - the dirty work of the central bank starts to show

7 - risk collapses

8 - who will sort out the debts and fiat issues now?

9 - markets and risk decline over a longer period as investors find little reason to take much risk as there APPEARS to be no remedy for the disease in the system

10 - result is above average inflation and wage stagnation and higher taxes

11 - economies barely improve and unemployment remains high for several more years
FXHandler
Norway
Posts: 195
15 years ago
May 14, 2010 20:50
Sorry, I meant March 2009 lows.
FXHandler
Norway
Posts: 195
15 years ago
May 14, 2010 20:49
Expect DOW to be retesting March 2008 lows before 2012.
FXHandler
Norway
Posts: 195
15 years ago
May 14, 2010 20:48
EUR/USD to bounce up next week. Then further downfall to 1,20. Hard resistance there.
Then further downtrend to below 0.96 before 2012.
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