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Posts by "daveo"

8683 Posts Total by "daveo":
8171 Posts by member
DaveO
(N.Cornwall, United Kingdom)
512 Posts by Anonymous "daveo":
DaveO
UK
Posted Anonymously
14 years ago
Oct 25, 2010 15:29
In Thread: EUR
now, now children. I begin to think this forum does not have much value for trading. No structure. No one knows what timeframes traders are looking to trade and ashraf more interested in making one line twitter posts which give about 10% of any message. Its like he is having a conversation with someone we can't see or hear. Its like this forum only pays lip service because someone said to ashraf, you have to have a forum. Its a home for his IMT's I suppose, everything else is a mess.
DaveO
UK
Posted Anonymously
14 years ago
Oct 22, 2010 13:58
Is there some way of making address links live on this forum so dont have to copy and paste in new browser ?

Also, is there some way of changing the zone time for Uk site to UK time instead of NY time ?
DaveO
UK
Posted Anonymously
14 years ago
Oct 21, 2010 21:20
In Thread: EUR
Said, you bullish with 1.45 next target, my downside projection was to fit Catnip bear. Price action will determine bull or bear
DaveO
UK
Posted Anonymously
14 years ago
Oct 18, 2010 15:55
In Thread: EUR
catnip, China seem to be acting very compassionate :-)
DaveO
UK
Posted Anonymously
14 years ago
Oct 15, 2010 16:17
In Thread: USD
I been professional futures trader 16 years but only started looking at forex this year. Imo this site/service is not suitable for newbs. A novice trader should take one pair and focus upon that to climb their learning curve. Ashraf is jumping around finding the best mechanical advantage for us to trade at any given juncture, based upon his enormous insight and experiece. I like that he combines the shorter term day to day fundamentals with the technicals and that is why I am here. If I have trouble following Ashraf sometimes I'm darned sure any novice trader is gonna drown.
DaveO
UK
Posted Anonymously
14 years ago
Oct 15, 2010 14:35
In Thread: USD
Sarmad,

You are showing yourself to be the "most stupid person". Markets never move in a straight line. Suggest you buy a few very basic books on trading and do some study yourself.
DaveO
UK
Posted Anonymously
14 years ago
Oct 11, 2010 9:37
Yes I do believe it but things can often take longer to play out than we might expect.
DaveO
UK
Posted Anonymously
14 years ago
Oct 7, 2010 19:30
In Thread: GBP
Said, I could see your levels because they fitted my scenario if GU topped at 5935 and corrected back down again for potential 3rd leg of large ABC corrective. Now that it's made a new high I have to rethink my analysis.

To be honest I think UK and Germany are 100 miles apart. I don't have the confidence in uk economy and our ability to make the planned deficit cuts and thereby retain control from the bond markets and credit agencies. For me, Germany is about the only nation with a potentially sound economy and wonderful manufacturing export base but they need to get back to their own currency, ha.

Therefore I take hardly any notice of the miriad of economic analysts all punting their opinions. The only economics commentator I read is John Mauldin who has proven himself to me over 10 year period. I really do trade what my charts are telling me for longer term positioning and just for fun I do some news trading intra day.

Following other analysts be they tech or fundamental has never been a good play. You only have to read prechter over last 15 year period to know that he has mixed his fundamental opinions onto his charts and the result of that is usually a disaster. Timing is everthing for trading.
DaveO
UK
Posted Anonymously
14 years ago
Oct 7, 2010 13:24
In Thread: EUR
Oh Yeah Said, I have plenty of upside targets. Think we are on a different waveband.
DaveO
UK
Posted Anonymously
14 years ago
Oct 7, 2010 11:58
In Thread: EUR
next question is how much profit potential is there with all the hedging you employ. I once traded options using hedging strats and it nearly drove me barmy. Futures are so simple and completely chart orientated.