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EURUSD

  • #237,441
  • May 6, 2010 3:03am May 6, 2010 3:03am
long eu... TP 1.2796... if goes beyond 61 fibo... keepz..
  • #237,442
  • May 6, 2010 3:03am May 6, 2010 3:03am
Quoting JackintheBox
as i said: BANK OF SWITZERLAND stops supporting euro ! (selling chf).

Do they know more ? In other words: Euro could drop a lot more.
Why do they stop supporting, any news ?
Because euro is not in a very good position fundamental and technical
  • #237,443
  • May 6, 2010 3:05am May 6, 2010 3:05am
Shy buying, though factory orders up nicely. Well, no wonder when € has come down ..how much 500p/week, exports rock...
They think they are smarter than I am.
  • #237,444
  • May 6, 2010 3:05am May 6, 2010 3:05am
Quoting jest1081
wooo must be a very old pro. DM days, thats ancient. lol!
No, I am not. The Deutsche Mark was controlled by Germany. The Euro is controlled by lots of countries. It is said, too many cooks just make bad a good food. And so it is here.
It was just a matter of time until this problems came out on the surface.
The D-Mark was even used as second currency in some East-European Countries. And I could even pay my ski-Cards in Austria with it.
And nobody ordered that to happen. It just happened by itself. While the Euro was ordered, and lots of people in Germany never wanted it and still not want it. They would kiss everybody who bring back the old but strong currency.
  • #237,445
  • May 6, 2010 3:06am May 6, 2010 3:06am
usd/chf just crashed.....
  • #237,446
  • May 6, 2010 3:08am May 6, 2010 3:08am
Would be interesting to see how markets reacted if ECB would level up minimum bid rate to 1.25/1.5%

Shock therapy...
They think they are smarter than I am.
  • #237,447
  • May 6, 2010 3:10am May 6, 2010 3:10am
Uhm still not convinced, smells like a bull trap.
  • #237,448
  • May 6, 2010 3:12am May 6, 2010 3:12am
Quoting mindorofan
No, I am not. The Deutsche Mark was controlled by Germany. The Euro is controlled by lots of countries. It is said, too many cooks just make bad a good food. And so it is here.
It was just a matter of time until this problems came out on the surface.
The D-Mark was even used as second currency in some East-European Countries. And I could even pay my ski-Cards in Austria with it.
And nobody ordered that to happen. It just happened by itself. While the Euro was ordered, and lots of people in Germany never wanted it and still not want it. They would...
right I am sure the exporter agree with you With a strong DM Germany will never manage to get is money and will loose its advantage in the world markets...
Your comment is political and has nothing to do with economics...
Trade on your own risk Plan your trade&trade your plan dont be a
  • #237,449
  • May 6, 2010 3:15am May 6, 2010 3:15am
Quoting Z3iz3i
Would be interesting to see how markets reacted if ECB would level up minimum bid rate to 1.25/1.5%

Shock therapy...
Perhaps they will do that, to make the euro attractive
  • #237,450
  • May 6, 2010 3:17am May 6, 2010 3:17am
Quoting Z3iz3i
Would be interesting to see how markets reacted if ECB would level up minimum bid rate to 1.25/1.5%

Shock therapy...
  • #237,451
  • May 6, 2010 3:19am May 6, 2010 3:19am
would really love to see market rally due to suprise hike if they do am tired of seeing reds
  • #237,452
  • May 6, 2010 3:23am May 6, 2010 3:23am
Quoting Zztop
take care and welcome to the party i think the bull did eat some bears !
damn... whatcha smoking??
those who can, do. those who cant, talk about those who can
  • #237,453
  • May 6, 2010 3:23am May 6, 2010 3:23am
head and shoulders forming?
  • #237,454
  • May 6, 2010 3:28am May 6, 2010 3:28am
Quoting gatorinla
damn... whatcha smoking??
incredible... also talks of a rate hike??

crazy
  • #237,455
  • May 6, 2010 3:29am May 6, 2010 3:29am
Quoting gatorinla
damn... whatcha smoking??
chips?
  • #237,456
  • May 6, 2010 3:29am May 6, 2010 3:29am
Quoting gatorinla
damn... whatcha smoking??
  • #237,457
  • May 6, 2010 3:30am May 6, 2010 3:30am
Quoting Tourada
Because euro is not in a very good position fundamental and technical

That's very true.I think the safest thing for now is just to stay aside especially day trading.Scalpers may be lucky but long term traders need not worry as no real respite for the eur in the long term.I think the currency is doomed.
  • #237,458
  • May 6, 2010 3:31am May 6, 2010 3:31am
@jp09: may be but i think it's irrelevant today.
Technicans got crushed these days a lot.

Update Bank of Switzerland: News telling, that B.o.Sw. has not saying anything to their activities in market.

Right now, you can see that they support Eur/Chf again on a lower level.
I hope they don't gamble and scaling in hoping for a stronger Euro next days.

See you in 1 hour and 10 minutes...

Bye Jack
  • #237,459
  • May 6, 2010 3:32am May 6, 2010 3:32am

I managed to sell on the lowest point of the day, has anybody done that before?

  • #237,460
  • May 6, 2010 3:33am May 6, 2010 3:33am
Quoting Z3iz3i
Would be interesting to see how markets reacted if ECB would level up minimum bid rate to 1.25/1.5%

Shock therapy...

Real shock therapy!!!!!!!!
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