Forum

Posts by "sanjay"

1 Posts by Anonymous "sanjay":
   
1
Sanjay
California, United States
Posted Anonymously
15 years ago
Nov 26, 2009 15:55
In Thread: EUR Trade Index 18-Year Chart
@Maria
Ashraf's tweet for shorting EURCAD makes absolutely no sense at all. The chart showed strong support at 1.5775 and since Ashraf's tweet about selling it, shot up another 100+ pips. Never short at support and only short near resistance if and only if a clear rejection is demonstrated. Neither is the case here with EURCAD in the last 24 hours. Look at the 4 hour chart, there is not a single red candle. I am not saying the man is wrong, just that the call is premature at best!

I would encourage you to learn more on your own and develop the analytical skills. Just because the Man got the Yen calls correct this month, does not mean you should blindly follow every single word on his tweets/forum IMHO.
Good luck!
Report Reply
   
1