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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
Not sure if could answer this or if anyone else can... but how do you know if your trading plan is working or is it merely luck.....
For example.... You have been trading a month and everyday you have been profitable. Can you say the plan is working or is it luck - Thanks
You are right in everything you say....Just so you know, I do have a trading plan. I only ask of the opinons of the more experienced people, so that I can then gauge it with my own trading plan.
I guess it comes down to lack of confidence, but if there is someone on the otherside you can ask, then why not. Oh I'm more technical rather fundamental, so my lack of comments regarding the economies will be zilch and trying to understand half the conversations on here takes a lot of concentration as there are a lot of fundamentals... but I enjoy that
I will never trade blindly based on what someone has said on the thread -
I doubt you will gather much, if any, information on this forum that will help you trade profitably. If you are new to this game, what you need to do is develop a well defined system that gives you an edge and trade that system with consistency. You will also need good money management and tolerate large draw downs on your account at times. If your system has an edge you should profit over time. If your system has no edge you will drain your account. If you don't have a well defined system at all, you shouldn't trade in my opinion.
I'm with you on the short down on Eur/Usd. Its gonna take a breather before possibly pushing higher. There is a weekly trendline resistance around the 1.4000 mark. I'm short 1.3986
Subz & ignore - i think you have lifted the forum in a good way. Yes, you do have the few outbursts but coupled with the positives I thankyou for your insight and suggestive ideas.
There have been a few people on this forum that tend to only have discussions amongst their select few. thinking they make the forum. As a newbie I believe a forum is there for others to speak and to help each other. Something which was lacking amongst the people here. So your words of wisdom are always of help :)
ps i am not a disgise of cat...just a member of forum who wants to teach u lesson
ECB's first CEO Wim Duisenberg was pushed into office by German Chancellor Kohl. He wasn't actually pro Euro, rather pro Germany. He kept that stance when the goverment became socialist
and bowed to minister Lafontaine who wanted a rate cut to push up the ailing german industry.
From that move on, the real value of Eur started to tumble and it still does. No difference to USD. The only difference that matters is that Eurozone started to build the largest and most expensive administration as credit was cheap.
do you have anything against me?
i only criticize one person in this forum for his moronic outburst...
i reallly don't care but only makes me think you are one of cat's disguise... :)
if not.. hope you stick around and learn from real traders not from cat....
for my posi... i will repeat again... and i'm very confident about it...
short 3970 and 4000(got filled) level... my tp remains 3820....
tony g...
if you're truly not cat... i hope the best for you... and i do hope you don't associate yourself with cat anymore... just a friendly advice... gl/gt