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

EUR

Discuss EUR in this thread
 
1...239823992400240124022403240424052406240724082409241024112412...3077
macrosam
United States
Posts: 190
13 years ago
Jan 13, 2011 16:07
Fundamentally the Euro should continue to rally, not sure I understand why one suspects the otherwise. Euro may sell off on occassion due to porfolio repositioning, but fundamentally, austerity is deflationary and deflation appreciates a currency until that currency breaks the users (as a currency too strong would do to exports). This has been proven throughout history. During the Great Depression, the US Dollar rallied.
DaveO
UK
Posted Anonymously
13 years ago
Jan 13, 2011 16:05
GS and one or two other biggies announcing they target eurusd to 1.37 but frankly I wouldnt trust those jokers for the time of day. The 61.8% ret of the swing down from the 1.4280 high is at 1.3737 but first we would want to see the 50% level taken at 1.3570, not to mention the last pivot high at 1.3433
Yoni
Finland
Posted Anonymously
13 years ago
Jan 13, 2011 16:00
Ashraf still expecting EURUSD to go down? He sounds like a broken record. LOL
Shane
Lahore, Pakistan
Posts: 209
13 years ago
Jan 13, 2011 15:57
yup i am in pip still risky but is there any trade without risk? i guess none didnot wait for ashrafs call . But i guess with stocks going down its only time that we see forex markets respond to that.
chloethebull
Canada
Posted Anonymously
13 years ago
Jan 13, 2011 15:00
stoped out @13310 but back in 13330level:) gl guys:)
PippinLongStockings
Illinois, United States
Posts: 9
13 years ago
Jan 13, 2011 14:56
There's your shot Shane, did you get in this time?
Shane
Lahore, Pakistan
Posts: 209
13 years ago
Jan 13, 2011 14:52
i trust u pip
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jan 13, 2011 14:47
and daily 31.8% fib level @ 1.3400
PippinLongStockings
Illinois, United States
Posts: 9
13 years ago
Jan 13, 2011 14:42
Trust me you're going to have another opportunity to enter...don't worry....it might even test that 3435 level today...so be careful!
Shane
Lahore, Pakistan
Posts: 209
13 years ago
Jan 13, 2011 14:38
Damn missed my short by 5 pips will be keeping it tight if get another opportunity at 1.3330.
Report Reply
1...239823992400240124022403240424052406240724082409241024112412...3077