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222 Posts Total by "shane":
208 Posts by member
Shane
(Lahore, Pakistan)
14 Posts by Anonymous "shane":
 
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Shane
Lahore, Pakistan
Posts: 209
13 years ago
Mar 3, 2011 20:19
In Thread: EUR
Thanx Ashraf and i agree in totality about 1.4250 well i guess i will wait for a little pullback b4 going in long again.
Shane
Lahore, Pakistan
Posts: 209
13 years ago
Mar 3, 2011 20:09
In Thread: Will the Bank of England Raise Rates Before the European Central Bank?
VOTE:Yes, BoE first in April

The inflation needs to be harnessed i dont think ecb inflation problem is as severe plus ecb has to consider a number of economies b4 rising rates. Three members already voted for a rate hike as far as BOE is concerned and that clearly shows that they are sending signals into the market for a possible rate hike.
Shane
Lahore, Pakistan
Posts: 209
13 years ago
Mar 3, 2011 18:27
In Thread: EUR
There are 4 important resistances after 1.40, first is mentioned by Ashraf at 1.43 the other is 1.47 and than 1.51.
Shane
Pakistan
Posted Anonymously
13 years ago
Mar 3, 2011 18:08
In Thread: EUR
Ok just one logical question i have for all of u euro bears, if euro is so unstable than why countries like turkey are striving to be a part of euro. Do u think they dont have analysts and stuff to tell the prime minister that euro is in trouble. the reality is that today every economy in the world is in trouble besides a few and euro is a big time bull . The rumors spreading about euro are just to make a fool out of all of us so that we can keep on selling it.
Shane
Lahore, Pakistan
Posts: 209
13 years ago
Mar 3, 2011 18:00
In Thread: EUR
talking about makro economy , the capitalist system itself is failing and its not just the banks in europe but also in US , if cat is a real economist the only currencies u can bang on long time are the commodity currencies rest all are and will be in trouble and not just euro . The britishers and USA are surviving by looting the resources of other countries for a long time, shell, british petroleum big oil blah blah blah. The euro zone however is different they have an inherent economy which can be troubled but not fail. Dollar and GBP are the long term bears. The very reason we are seeing the banks diversifying there reserves to gold instead of dollar because dollar is going down big time long term.

Stop fooling the people.
Shane
Lahore, Pakistan
Posts: 209
13 years ago
Mar 3, 2011 15:56
In Thread: EUR
its always good to buy USDX below, 77 but than one must have a deep pocket to do that. BTW USDJPY at 82 is something which makes me think aswell and i am pretty sure that we are reaching a change in middle term trend soon.
Shane
Pakistan
Posted Anonymously
13 years ago
Mar 3, 2011 15:45
In Thread: EUR
Tony G , i agree but normally wat peeps like u do is spread false calls or thats how it looks , new rookies come in follow u and loose money. Some are even worse giving calls for shorts while themselves going longs, i aint saying u are one of them but dont become like one . Wats written in our fate will come to us we dont need to become decievers.
Shane
Lahore, Pakistan
Posts: 209
13 years ago
Mar 3, 2011 15:37
In Thread: EUR
Catnip u will have ur day soon, but betting so hard on euro shorts is something which can keep u away for long times from the market. Atleast last 4 months are blue long juicy candles in euro. U must explain ur trading way to the peeps and that u trade positions in a long term coz if some day trader accidently looses money coz of ur calls he wont be pleased.
Shane
Lahore, Pakistan
Posts: 209
13 years ago
Mar 3, 2011 15:33
In Thread: EUR
Dont be so confidant about it tony, btw why do u want to play aggressive shorts. The trend is upwards u can play aggressive longs that looks logical but playing aggressive shorts is not something i will look for. You wanna go short i will suggest that u must be able to keep adding till 1.44 and a big stop at 1.45. I aint ready for that kind of risk.

Euro daily is definitely over bought, but all we are gonna get is a good correction but i think its not yet the top, tomorrow is NFP we may get a top b4 that. I am betting on that however if i get a good pullback b4 NFP i will go aggressive longs.
Shane
Lahore, Pakistan
Posts: 209
13 years ago
Mar 3, 2011 15:29
In Thread: EUR
i dont care wat the NFP will be tomorrow but if the euro goes for another top b4 NFP we will get a good pullback.
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