Forum > View Topic
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
talks while EUR crashes ( the strength meter went wild)
or did EUR crash because Draghi talks?
Seems he had missed something out....
Anyway credit deterioation flag is a nice leading indicator.
But I closed the short that was triggered.
are a leading indicator. Indeed it is the credit market that determines fx moves. Leading, fx trails. Of some interest as a summary I use Investment Grade and High Yield, and especially intersting, Credit deterioation flags for sovereign debt. These have shown clearly in advance why EUR didn't go up further.
I think Don Draghi's comments could diminsh some well founded doubts today. If not...well...I am prepared for either.
I personally have difficulty catching some of the entry ideas when they are issued during the asian sessions but I am not subscribed for the trade calls so much as for the analysis behind the calls. I am in screens typically 16 hrs per day which is quite enough for an old boyz :-) I defy anyone to match Ashraf on screen time.