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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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jazesfx
abuja, Nigeria
Posts: 15
13 years ago
Dec 7, 2010 22:43
@Catnip and dave,
Which currency meter do you guys use to determine the strength and weakness of a currencies overboard?
jazesfx
Nigeria
Posted Anonymously
13 years ago
Dec 7, 2010 22:39
The break of 1.3248 will surely be a good price to short EU again .
FXDave
Oregon, United States
Posts: 5
13 years ago
Dec 7, 2010 22:03
Catnip:

EUR has been weak all day only JPY and USD were weaker majors that has changed exactly 15:30 local time, that is exactly at NYSE open now EUR is as weak as JPY.
so what happened? Don't know but i don't trade prices I trade strong vs weak


I trade in the same realm that Catnip does. I do not trade currency pairs. I trade strength or weakness of an individual currency. This methodology is much easier for me and requires only basic technical skills to employee.

FYI: Bought the $ during NY session.

Peace...

FXDave
Ignore
Posted Anonymously
13 years ago
Dec 7, 2010 22:01
Subwaves90...happenin? what iz it mon abt 3220 that I don't know abt?
looks to break 3245 and then downhard....?
jazesfx
abuja, Nigeria
Posts: 15
13 years ago
Dec 7, 2010 21:50
@Ashraf,
Thanks man, your analysis has been very helpful and they really come handy.
Keep it up man.
Cheers
subway90
Posts: 1078
13 years ago
Dec 7, 2010 21:35
it would be a good long around 3200/20 with stops 50 pips below... still see higher to 3600 as long as we don't see a clear break and close below the lower line...
mckinnovation
Dublin, Ireland
Posts: 49
13 years ago
Dec 7, 2010 20:35
THX Ashraf. EurUsd chart paying= textbook example. Combined with 1h 55 & 5 MA cross on 1h now has my full confidence and loaded full boat from 1.3990's wicks partly b/c of your cool videos. n1 & thx
Ignore
Posted Anonymously
13 years ago
Dec 7, 2010 20:22
approaching add level of 3245/50 area re: 1.3348 short...
current 3274
Ignore
Negril, Jamaica
Posted Anonymously
13 years ago
Dec 7, 2010 19:17
catnip..I thought I 'saw' euro weakness when I went short in euro trade,ongoing.

but not unusual that I missed important facts,

thanks
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Dec 7, 2010 19:07
ignore
you don't see two important facts
EUR has been weak all day only JPY and USD were weaker majors
that has changed exactly 15:30 local time, that is exactly at NYSE open
now EUR is as weak as JPY
so what happened? Don't know but i don't trade prices I trade strong vs weak
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