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

EUR

Discuss EUR in this thread
 
Ashraf Laidi
London, UK
Posts: 0
12 years ago
Jul 3, 2012 23:48
Dominik,

I am also moderately bullish EURJPY, it's just that I was busy and stubborn with GBPJPY and USDJPY. Im hedging my bet and going for EURUSD rather than EURJPY, leaving GBP to take against JPY. USDJPY is technical, but i cam go for "Not as Bad as Feared NFP" boosting USDJPY.

Ashraf
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
Jul 3, 2012 23:44
happy independance day @ skipper and long may it last.
Dominik
Zagreb, Croatia
Posts: 7
12 years ago
Jul 3, 2012 22:28
Ashraf, I was wondering - if you're both (moderately) bullish on UJ and EU, why not EJ then? Is it because you think indices are capped atm and EJ is heavily correlated to indices.
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
Jul 3, 2012 22:01
Interestingly Ashraf's upper projection of 1.2870 coincides with ABC corrective symmetry.
Qingyu
manchester, UK
Posts: 1763
12 years ago
Jul 3, 2012 18:16
bush tax cut + further easing, long live the printer?
Sir Ignore
United States
Posts: 3068
12 years ago
Jul 2, 2012 23:06
ben fixin to hand us an 8 ball....3.5 grams..it git wit ya.

Sir Ignore
United States
Posts: 3068
12 years ago
Jul 1, 2012 12:09
DaveO....mi momo system tells me to go fishing...
my coin flip ratio is low now...

good luck this week traders....
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
Jun 29, 2012 21:29
Ok, thanks Ashraf. May I ask what your win loss ratio has achieved these last two rather difficult weeks for trading across all assets

Dave.
Sir Ignore
United States
Posts: 3068
12 years ago
Jun 29, 2012 17:17
good trade cat.
Ashraf Laidi
London, UK
Posts: 0
12 years ago
Jun 29, 2012 17:13

"We insisted over the past 2 weeks that EURUSD would remain supported near $1.2380s due to fundamental and technical reasons. Fundamentally, EU leaders were already discussing more cogent solutions such as direct bank recaps and moving towards closer banking union. These measures are by far a significant improvement from 1-2 years ago when news headlines were occupied by PIIGS denial that they need assistance. Technically, our proprietary measures of EURUSD momentum suggested a near-term, stabilization, which would avoid another deepening summer sell-off (as was in July-August 2011). We stick with our stance in expecting $1.2780-1.2870 in July, before renewed pressure escalates in late Q3, calling up $1.19 "


Ashraf