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

EUR

Discuss EUR in this thread
 
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Oct 11, 2011 7:56
Much ado on Slovenia about ratifying the EFSF extension. Of course it will be ratified.
But it is already priced in EURUSD. EURx follows Eonia inversely after a huge Dexia spike
Eonia down to 0.89 . But even with EFSF ratified new problems come up. This time with credit
to Eastern Europe in EUR and CHF. Hungary and Romania in focus and additionally credits to Russian oligarch companies.
Thus taking profit EURUSD long @36, adding to short @36 is imo the consequence. Without any chartastrology. This is not a free market , cannot apply chart astrology in fx politically driven.
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Oct 11, 2011 7:07
Yes, still calling for 1.28.

Just as I called for 1.3520 on Friday (& was 1 day too early), i still call for 1.28 and 1.25.

The trick is to call for the rebounds w/in the downtrend. That is the challenge.

Once again, markets do not move in a straight line. This is simply a retracement, a corrective move, a temporary rebound before the downtrend reaffirms itself.

That is consistently mentioned in our Premium service.


i hope that is clear to everyone.


Ashraf
givemethebill
Japan
Posts: 316
13 years ago
Oct 11, 2011 5:22
d like to think aussie gonna ease monetary int rate like asian.
givemethebill
Japan
Posts: 316
13 years ago
Oct 11, 2011 5:16
@sub: For Pleaseure :)

is Ash still calling 1.28 ?
Sir Ignore
United States
Posts: 3068
13 years ago
Oct 11, 2011 2:53
re:
moving stop on 3690 short to 3640 locking 3 x 50p
current 3628

stopped out in positive 50 pips x 3

gl
thanks for compliments jz
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Oct 11, 2011 1:08
still no confirmation of reversal on 4h.. Sir's fade swing trade keeps producing pips though!?.. so is scalping off those highs:-)
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Oct 11, 2011 0:35
ok so the only clue is "im aussie...haha"..

dave!?.. you should know me be better by now:-)
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Oct 11, 2011 0:13
interesting.. might investigate further..
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Oct 11, 2011 0:11
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Oct 11, 2011 0:07
well ee be aus