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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
My issue is that your "friend" considers himself to be 90% accurate which is complete and utter rubbish. And he wants to go around dishing out advice as if he moves the market...again complete nonsense. Consider me as someone who is bringing down his inflated ego.
EUR permabulls such as Ashraf should gather information about the TARGET system to eventually understand the Ezone situation contains some extra 400 bln of conceiled debt and consequently ECB is bankrupt. FED is NOT bankrupt.
eventhough we may see a bounce back upt to 4550/60... shorts are favored for test of 4210/20....
gl and have a good w/e...
i know you and ignore have some history.... but some respect pls.. never seen you make one Euro trade call.. and making all this negative comments in this thread would never be a good thing for this forum... if you wanna add posts... pls keep it positive and better yet to share any trading ideas if you have any... have a good weekend and hope you have something positive to share starting next week...
Anyway, good w/e to all
I was only saying that from the time of his posting, a long trade from 4445 was time-consistent and, at least as far as i'm concerned, putting one's stop at b/e while 30 pips in profit on a long euro trade after the market had quite clearly called the bluff on Trichet's strongly vigilant' words, was a sensible idea.
So the guy had his stop taken for 0 pip! So what? b/e and losing trades are just part of trading: I look at them as the cost of being able to trade, no more no less.
I had a look back on previous postings of his and he has been long for a while, seemingly capturing a fair chunk of the move up from 41xx.
I obviously misunderstood your "eurusd WAS AT 4330 AROUND 6.30PM" but I still don't see the relevance of it; anyone looking at an /$ chart could have told you that! As for the 'contrarian' indicator, i would say that all those calling for 1.40 over the last 3 weeks have been the contrarian/wrong ones.