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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:
EUR
Discuss EUR in this thread
very good analysis... very similar general view....
stupid cat talking trash as if he knows something... doing his daily routine exercise rolling on the floor.. what a loser.. LOL
good luck.
I also see EURUSD moving upwards with targets 3850, 3910 and 4160
gl
EURUSD: 1.3772
Very Short-Term Trend: weak uptrend
Outlook: The recent small consolidation between 1.3720 and 1.3850 is expected to end soon and to bring another strong advance twd 1.3900/10 1st and 1.4045 eventually. The reason why we expect a sideways breakout of this small consolidation is that the hourly trend remains on the upside and currently the hourly Stochastics is giving out a buy signal. So, we expect to see a move up today twd at least the 1.3850 level, break there will confirm the bullish view.
On the downside, only a move below 1.3720/10 negates, risks 1.3650/40....
Strategy: Holding long from 1.3755 is favorable. Stop=1.3700. Target=1.3905
(trendrecognition)
i'll tell you about this guy in the other forum.....
it was around june july last year...
when Aud dipped to 8070 after hitting mid/high 93xx level and was rising... he started shorting 8700/8800 level.... when it kept moving higher to 9100/9200 level... he kept adding to his short ignoring my words... he kept saying it's a long term play and he assumed it will dip below 8000 level... he refused to put stops... i don't know what happened to him... never heard from him again...
so no need to be a hero trying to score big.... take what the market gives you...
adjust your stops accordingly if it goes your way....
if 3710 breaks.... i see a drop to 3650/60... but from there i see good chance of moving higher to 39xx + level.... only clear break and close below 3500 level risks move to the downside to your level...
gl/gt
cat's no big time player... the only thing he has is a big mouth...
only 50 pips going against him will make him cut his posi.... trust me.. that guy has no balls... ONLY A BIG MOUTH!!!
400 pip drawdown could be a dangerous play.... maybe your assumption can be wrong... and 4250 can be taken out... if that happens 1.50 can be seen...
anyway... good luck wih your shorts...
i already cut mine at 122. too late.
actual level 119.238 is resistance.
and now we have 119.222 when i talk to you sandy weil clients.
Tell me BloombergWest, the buyout network http://www.virtualtourist.com/travel/North_America/United_States_of_America/California/San_Francisco-755471/Restaurants-San_Francisco-Azizi-BR-1.html