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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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jacek
Australia
Posted Anonymously
13 years ago
Jun 27, 2011 9:42
stopped and sidelined.. looking to re-short if EUR stays under 4200..
Gunjack
London, UK
Posts: 1184
13 years ago
Jun 27, 2011 8:17
Oh and Dave it wasnt retrospective. I have proved time and my timing on crude oil and how it earns me money with minimal drawdown. Sorry if it doesn't conform to the averaging losers strategy you lot favour here so much
Gunjack
London, UK
Posts: 1184
13 years ago
Jun 27, 2011 8:14
ooohhh Jacek and chloe the bullsh*tter got offended as I upset their master...hey i think Mr 90% needs his butt sniffing again...run along little pets and do your job lol!!!
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Jun 27, 2011 4:25
I wonder what EUR posi Soros holds.. is he going to get lucky again like with GBP?..

"..George Soros said it's "probably inevitable" that a mechanism
will have to be put in place to allow weaker euro-region economies to
exit the single currency, Kathermerini reportss Monday"
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Jun 27, 2011 4:18
will do.. thx chloe.. anyway Daveo swears by fibs.. I guess there must be some connection to EW there.. from what I know the only extension/retracement levels that work consistently are clustered ones.. i would say thats by pure chance.. if toss a coin enough times you sure to something to come true and thats a proven theory (of random walks)..
chloethebull
halifax, Canada
Posts: 1183
13 years ago
Jun 27, 2011 4:04
ya jacek gl my friend with your trade:)dave rarely wrong:)..chk out mark braun website.i gaurantee it will be 1 of the best things u do for your trading..ok bro gl/gt:)
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Jun 27, 2011 3:43
thx chloe.. as you know im not that big on fibs but like to think there are there at my levels.. pivots and patterns are a different matter so ill be watching that 4072 Daveo mentioned very closely if we ever get there..
chloethebull
halifax, Canada
Posts: 1183
13 years ago
Jun 27, 2011 3:36
hey jacek, the way i understand things we must respect the 78.6%.its the most importantant level before u have to look @ extention levels127.2% 1st stop.. especially when its on higher time frames which i get @14110...if we break that level it should call up 13775=127.2%..what could take place for that level to be called into play??economic calandar looking light..so these levels should be respected for the time being..i know u asked dave but just incase hes asleep i offer my newbie take on things ..ok gl/gt:)
chloethebull
halifax, Canada
Posts: 1183
13 years ago
Jun 27, 2011 3:24
hey dave, ya i got that same 14070s on my radar but it goes to show that from there to 14100 is lots of big fig levels offering support..and if w look at the fundie side of things not much has really changed ecept that fed is signaling exit to qe but is the market buying it with dismal us data..mayb.. so i have to think eur will rally off these levels..we need a catylyst that the market isnt expecting to break the 14100-14700 range..and its coming thats why im happy picking away at 40-50pip moves get back into cash and wait for the next stink level..minimize my losses maximize the pips..ok gl:)
jacek
Melbourne, Australia
Posts: 2579
13 years ago
Jun 27, 2011 2:40
seems 4140-50 needs to hold for lower.. otherwise EUR might recycle higher again..
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