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EURUSD

  • #231,401
  • Apr 26, 2010 10:51pm Apr 26, 2010 10:51pm
Quoting Forexfsa
Looking for 300 pip short-covering rally in the EUR/USD

courtesy forex live

I am seeing the same tired old stories being churned out to justify selling the EUR but I am not a believer. The market is short and whilst it may not like it, a rescue plan is being put in place to help get Greece back on the straight and narrow. Taking a line through where I believe the crosses like EUR/GBP and EUR/JPY should be trading, and looking at what’s happening in USD/JPY and cable, I expect EUR/USD to now hold broadly above 1.3270/80 and that we...

Right now probability isnt siding with a 300 pip rally.....need something like a serious fundamental change or unexpected event thats either euro positive or largely usd negative to push this thing that high. If Greece gets bailed out, there will be a kneejerk spike, then traders will say, ok well theyre still screwed back to short. Someones gotta pay for this bailout, when will greece be able to pay it back; never. Whos next in line is it protugal or spain? Merkel and eu min making threats to speculators all while specs are laughing their asses off. My stops for my shorts are right above 3570.

http://www.forexfactory.com/showpost...stcount=231400
  • #231,402
  • Apr 26, 2010 10:51pm Apr 26, 2010 10:51pm
Quoting realjumper
You must do whatever your analysis suggests to you to do.....however, the 'rescue' plan, as you put it, is not really a rescue plan. It's a bail out plan that comes at a huge cost....a cost that Greece already cannot pay.....and a cost that will stretch the other EZ members as we can see, especially through the eyes of Merkel......add to that the high probability that Greece will default sooner or later, regardless. Tack on to that, Portugal, Italy, Spain, Ireland etc etc.....who is going to bail out/rescue them?.......and with what?

The cherry...
the last time ben threw money from the copter, dollar gained 3500 pips in 3 months.

and yes everyone in here was 'killing' the dollar then. How painful, no wonder some left never to show again
  • #231,403
  • Apr 26, 2010 10:55pm Apr 26, 2010 10:55pm
Quoting jest1081
the last time ben threw money from the copter, dollar gained 3500 pips in 3 months.

and yes everyone in here was 'killing' the dollar then.
If you add the Trichet factor into the equation, we'll get a clusterfuk of biblical proportions.......
Doing what you like is Freedom. Liking what you do is Happiness.
  • #231,404
  • Apr 26, 2010 10:57pm Apr 26, 2010 10:57pm
Quoting realjumper
If you add the Trichet factor into the equation, we'll get a clusterfuk of biblical proportions.......
if euro is cheap and dollar is cheap...then im rich. lol!
Trichet should up the ante...use an airplane instead
  • #231,405
  • Apr 26, 2010 10:59pm Apr 26, 2010 10:59pm
Quoting realjumper
You must do whatever your analysis suggests to you to do.....however, the 'rescue' plan, as you put it, is not really a rescue plan. It's a bail out plan that comes at a huge cost....a cost that Greece already cannot pay.....and a cost that will stretch the other EZ members as we can see, especially through the eyes of Merkel......add to that the high probability that Greece will default sooner or later, regardless. Tack on to that, Portugal, Italy, Spain, Ireland etc etc.....who is going to bail out/rescue them?.......and with what?

The cherry...
looks like media has selective memory
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those who can, do. those who cant, talk about those who can
  • #231,406
  • Apr 26, 2010 11:00pm Apr 26, 2010 11:00pm
hi all, i have been reading FF for the past 4 years and registered just now.. would like to contribute in this thread as well..

nice to meet you all..
  • #231,407
  • Apr 26, 2010 11:02pm Apr 26, 2010 11:02pm
Quoting jest1081
the last time ben threw money from the copter, dollar gained 3500 pips in 3 months.

and yes everyone in here was 'killing' the dollar then. How painful, no wonder some left never to show again

i thought about this the other day...could they do it though? one more push back up right after "bail out"?? I don't know...it would stop me out a few times that's for sure.
  • #231,408
  • Apr 26, 2010 11:06pm Apr 26, 2010 11:06pm
Quoting gatorinla
looks like media has selective memory
This is where you tell the media. "Dont shit with me. You worked the whole week and let friday slip by."

lol kidding
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  • #231,409
  • Apr 26, 2010 11:26pm Apr 26, 2010 11:26pm
Quoting gatorinla
looks like media has selective memory
And then come Portugal...
Great Bodies are Engineered not Born
  • #231,410
  • Apr 26, 2010 11:26pm Apr 26, 2010 11:26pm
Dollar just woke up. Yet to stretch it's legs. I love metaphors.
  • #231,411
  • Apr 26, 2010 11:28pm Apr 26, 2010 11:28pm
Quoting RichLadyFX
And then come Portugal...
After that Spain. How many letters does PIGGS have? And as Gator's said before, we have a dark horse country yet to show its head. FRANCE.
  • #231,412
  • Apr 26, 2010 11:30pm Apr 26, 2010 11:30pm
does anyone else agree? (1hr & 4hrs)
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  • #231,413
  • Apr 26, 2010 11:32pm Apr 26, 2010 11:32pm
where did this chart go ?
i'm bored waiting from last night...
i have short position at 3280 since last friday..
  • #231,414
  • Apr 26, 2010 11:34pm Apr 26, 2010 11:34pm
Greenback to blame, not Yuan - Brazil

Interesting read.......
Doing what you like is Freedom. Liking what you do is Happiness.
  • #231,415
  • Apr 26, 2010 11:35pm Apr 26, 2010 11:35pm
Quoting RichLadyFX
And then come Portugal...
are you referring to Cristiano Ronaldo?

Quote
Greenback to blame, not Yuan - Brazil

where was he when ben was giving alms? lol! Must have missed out alot, so he's crying foul. kekeke
  • #231,416
  • Apr 26, 2010 11:36pm Apr 26, 2010 11:36pm
Quoting fontu
Morning to all .
Done all my longs eu overnight but now seems it is not over , the camel to raise the mouth.so will continue longs , few pending set again 10-5 pips apart.
wherase all mighty gu longs left all positive, now negative but no worry , they will do again perhaps , very few left also.

fontu
Progress longs ok , raising the mouth now.slow but steady , a good sign.

pending not activated but market orders placed doing well perhaps.
Animals can be safer than any human figure any time comes up , never seen what disaster outcome if.
fontu
fontu
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #231,417
  • Apr 26, 2010 11:37pm Apr 26, 2010 11:37pm
it seems EUR can't make enough power to push up this so i'm going to sell eur
add some on 1.3410 and SL 1.3425
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  • #231,418
  • Apr 26, 2010 11:38pm Apr 26, 2010 11:38pm
Fontu, that is one ugly camel bud. It looks like an eel.
  • #231,419
  • Apr 26, 2010 11:41pm Apr 26, 2010 11:41pm
Quoting 2+2=4ex
Fontu, that is one ugly camel bud. It looks like an eel.
thats not a turtle?
jeez!
  • #231,420
  • Apr 26, 2010 11:41pm Apr 26, 2010 11:41pm
Quoting 2+2=4ex
Fontu, that is one ugly camel bud. It looks like an eel.
Beauty in the eye of beholder...
Great Bodies are Engineered not Born
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