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57 Posts Total by "olivier":
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Olivier
(London, United Kingdom)
4 Posts by Anonymous "olivier":
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Olivier
London, UK
Posts: 63
13 years ago
Sep 5, 2011 20:47
In Thread: EUR
"I have 200 DMA c. 4025 might invite a reaction"

This is quite clearly on a chart that does not take any sunday data. Yes?
Olivier
London, UK
Posts: 63
13 years ago
Sep 5, 2011 9:12
In Thread: EUR
Dear Ashraf,
I didn't SAY anything, I only offered a possible explanation based on similar issues I've noticed over the years;
if you look properly, I started with .... "I do wonder ..."
;-)
Olivier
London, UK
Posts: 63
13 years ago
Sep 4, 2011 18:56
In Thread: EUR
Do you have a link to the charts in question (PS I'm not a subscriber of Asraf's service so I can't access anything behind a password)
Olivier
London, UK
Posts: 63
13 years ago
Sep 4, 2011 16:51
In Thread: EUR
DaveO,
Rather than lacking data depth, I do wonder if the discrepancies between your weekly MAs and Asraf's are because:
1) one platform uses the few hours of sunday data and this creates a different weekly Closing price, enough to skew the MAs as it's a compounding difference, weeks after weeks
2) one platform is on a different timezone than the other or it takes its friday closing price at a different time (some do 9pm UK time, some do 10pm).
Either or Both of these could explain the differences.
Olivier
London, UK
Posts: 63
13 years ago
Aug 1, 2011 17:58
In Thread: EUR
That's how you end up with a worthless currency...
http://www.ebay.co.uk/itm/ZIMBABWE-100-TRILLION-DOLLAR-REPLACEMENT-NOTE-P91r-UNC-/110719341531?pt=UK_Coins_Banknotes_GL&hash=item19c76313db
Olivier
London, UK
Posts: 63
13 years ago
Jul 29, 2011 16:25
In Thread: EUR
I think so Dave: there are nearly 3 full days between today's close and Monday's 'normal' opening for stocks and that's a long time ... certainly long enough even for US politicians to come to some sort of agreements and force yet another short covering on Monday, in anticipation of a positive vote(s) on Tuesday
Olivier
London, UK
Posts: 63
13 years ago
Jul 29, 2011 16:07
In Thread: EUR
Interesting Cat .... since gdp release USDx ($ index) has gone down from 74.38 to 73.88 (-50 pips) while EURx (Euro index) has gone up from 108.44 to 108.76 (+32 pips); that suggests more broad $ weakness compared to broad Euro strength ----> go long eur/usd. No?
Olivier
London, UK
Posts: 63
13 years ago
Jul 25, 2011 9:25
In Thread: EUR
digi, i'm not sure if you mean long or short?
in my view the monthly chart can be viewed as a successful long break of the black trendline with 3 more successfull retest of this same trendline, so unless we close below 4165/4155 on the monthly basis it's long
Olivier
London, UK
Posts: 63
13 years ago
Jul 19, 2011 17:23
In Thread: EUR
"of course DK is freely traded"
That cannot be the case when the DK is pegged to the Euro: if you load a Eur/Usd chart unto a DK/Usd chart you will see that they are identical (and you can replace Usd by any other currency and you will have the same result - 2 identical charts). The Euro is traded against all the currency and the DK value against these currencies is derived from the Euro value
Olivier
London, UK
Posts: 63
13 years ago
Jul 19, 2011 16:25
In Thread: EUR
The Danish Kroner is pegged to the Euro Cat so it's only as stable as the Euro; the exchange rate between the 2 has been between 7.43xx & 7.46xx for the last 10 years (i think); so when the Euro gets stronger, so does the DK and when the Euro is weak, so is the DK; i'm not sure if that qualifies the DK as a very stable currency or not but I agree that most Danes are probably quite happy not to be involved with the Euro-currency area;
What happens to the DK if the Euro goes bust?
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