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4 Posts Total by "mafioso":
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Mafioso
(Egypt)
2 Posts by Anonymous "mafioso":
   
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Mafioso
Egypt
Posted Anonymously
15 years ago
Apr 29, 2010 21:06
In Thread: EUR
Lalobertone,
My assumption for Eur/USD drop till 1.2775 within 3-5 weeks is purely technical. I will refer to the weekly chart of the pair, and if u apply the fibonnaci retracement tool from the high of 1.5139 (November 2009) to the low of 1.2453 (March 2009) u will see that the pair broke the 70.7% retracement. This tells me that the next target is 88.6% (1.2770). Now for the time frame, when u count the weekly bars u will notice that the pair took 22 weeks droping from 1.5130 to the current price of 1.33xx. My own assumption is that it will take 1/4 of that time to print 1.2770.

Ofcourse this is all hypothesis and it can all go wrong:)
Mafioso
Egypt
Posted Anonymously
15 years ago
Apr 28, 2010 22:06
In Thread: EUR
Imo EUR/USD will print 1.2775 within 3-5 weeks max.
Mafioso
Egypt
Posts: 2
15 years ago
Jan 7, 2010 11:06
In Thread: Euro's Third Down Leg
rkkashmir... what is a PPT?
Mafioso
Egypt
Posts: 2
15 years ago
Dec 1, 2009 18:12
In Thread: GBP Trade Index 18-Year Chart
Hello Guys..my first post here. First of all i like the site and i think Ashraf's analysis on markets are one of the best out there. Purchased the book and currently reading it. Now the reason for my post:

Mr.ashhabiba...if u r trading forex based on another man's opinion whether it is Ashraf or even Paul Tudor Jones...then kiss ur money goodbye cause u will lose all ur money in a very short time and u will never ever succeed in this business. No offense but this is the simple truth. My advice to u is to save ur money until u learn the ability to make ur own trading decisions whether based on technical analysis or fundamental analysis.

Just my 2 cents.
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