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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
i think Euro is doin much better....
especially with CAD.. since it bottomed june.. has made up almost 1900 pips... check agan catnip.. b4 telling the forum wrong info... not that i expected much from you... :)
EURUSD is relative and you may notice volume is ultra- thin in this pair
what happens if China don't learn their lesson anytime soon? have you thought of that possibility(assuming what you say is correct.... not that i'm saying it is correct... lol )?
what happens if USDX breaks below 76 level... then what's next?
you've been mentioning Euro weakness eversince.... and it keeps moving the other way... why do you think so? everyone playing a joke on you? at what level would you start thinking you could be wrong? just wondering if you ever thougt about the other side... :)
that' simple
if China learns the lesson it must hike more AND appreciate that will send EURUSD deep deep down. EUR still losing vs high yielding currencies there is no strong EURO.
It makes some living from USDx hovering around 77 .
what's your point? so where is Euro headed if China has to learn their lesson? no need to sound too smart... layman's language would be much more appreciated... :)
The Chinese have no idea of a self sustaining economy. They need a tough reminder from the rest of the world. Even Russia is learning albeit slowly no economy could be run by criminal oligarchs. China got to learn this lesson.
i'm short Euro also for now...
got in at 4020 and then another 1 at 4070...
watching 3975/90 level..... initially... if holds could see 1 more pop up and attempt higher to 4080/4100..... but wouldn't wanna see it move much higher...
below 3975.. support comes in 3920/40...
let's see how it moves... :)
i assume noghing just follow the charts