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Posts by "shane"

222 Posts Total by "shane":
208 Posts by member
Shane
(Lahore, Pakistan)
14 Posts by Anonymous "shane":
Shane
Pakistan
Posted Anonymously
13 years ago
Dec 15, 2010 21:05
In Thread: EUR
You dont like his calls dont follow him , he hasnt forced u or me or any one and i guess i like ashraf changing along the changing trends, i did go long eur usd after ashraf tweeted about USD weakness and got some pips and than i did again go short when he called for euro weakness.

@lisa Ashraf explains you what is happening in the market and what is the most probable outcome from what is happening now he is not a prophet and can go wrong occasionally, but some people will start criticizing his analysis coz they just saw a 100 or a 200 pip move against his analysis, for a short period of time you know what this is forex a 100 pip move is like a needle in the haystack. I do loose money on some of the calls made by Ashraf but thats mostly coz some times i trade big as compared to my margin and market gets me for my stupidity besides that i make three times more money than i loose on following his calls.

@Ashraf Happy Holidays and just an advise i guess we have some emotional traders who lost some pips in the market. when i started following you i wasnt much different from lisa or any one else who blames u ,because i had no idea what i am doing but with time i realized that yours is the best analysis available in the market i suggest dont bother urself to reply them they will learn in time to repsect you.
Shane
Lahore, Pakistan
Posts: 209
13 years ago
Dec 15, 2010 17:44
In Thread: EUR
@Subway Do u think after eurusd took on 1.3290 a few mins back that 1.32 is in picture and may be 1.30 later on. Although i agree 1.27 may be a fairy tale for now however considering thin markets and forex surprises, i dont rule out on any possibilities as some one is buying wat i am selling but that doesnt really matters for day traders like me , it may hit 1.30 and than go for 1.37 making both ashraf and u partially right.
Shane
Lahore, Pakistan
Posts: 209
13 years ago
Dec 14, 2010 21:48
In Thread: GBP
@alaidi if it breaks below 1.5680 do u see a retest of 1.55
Shane
Lahore, Pakistan
Posts: 209
13 years ago
Dec 14, 2010 21:38
In Thread: EUR
Look at the strong support line extending from the bottom
Shane
Lahore, Pakistan
Posts: 209
13 years ago
Dec 14, 2010 21:36
In Thread: EUR
@subway do u prefer eur/usd long and why not gbp/usd
Shane
Lahore, Pakistan
Posts: 209
13 years ago
Dec 14, 2010 21:08
In Thread: EUR
@ignore yup u are right i wasnt feeling confidant about the euro direction however contrary to this i was pretty sure that it wont hit 1.3460 yesterday so i went short, the fact is that no one out of us can predict the markets so i stopped doing that now i just see what the market is doing and go along in the flow , my 2nd target is 1.3180 for now . lets see but i am pretty sure that my break even will be taken out and actually it requires a lot of discipline to see ur breakeven to be taken out and the prices fall after that like a water fall. It tries to seduce me though but i am happy with peanuts on regular basis and a whole cake once in a blue moon.
Shane
Lahore, Pakistan
Posts: 209
13 years ago
Dec 14, 2010 20:53
In Thread: EUR
@ignore yup and lets see if we go below in next 30 mins or so i will wait a bit more before taking half the profit or else will take some soon. Ah i lost some money in this euro upward spike yesterday so need to steal it back from the market.
Shane
Lahore, Pakistan
Posts: 209
13 years ago
Dec 14, 2010 20:50
In Thread: EUR
@ignore i try to take initial profits on 20 to 25 pips, the markets are so weired u dont want to regret that u were taken out for no prfits where as u could see those dollars in front of u i hate that feeling . Most people wait for those 100 plus pips i just cant handle that pressure ,and the long wait so my initial targets are just 20 to 25 pips than the other SL is moved to breakeven so i can have sound sleep .
Shane
Lahore, Pakistan
Posts: 209
13 years ago
Dec 14, 2010 20:40
In Thread: EUR
@ignore well i try to be flexible had two posns took profit on one and the other was taken out without loss, now i am short 2 positions at 1.34. I mostly like taking two posns one for a small profit target and the other one if i get lucky can be a bonus. So now u and me are on the same grid.
Shane
Lahore, Pakistan
Posts: 209
13 years ago
Dec 14, 2010 17:59
In Thread: EUR
@ignore Hi, well i just did the opposite, long euro at 1.3380 with sl now at break even profit take at 1.3460 and open, lets see maybe we both get winning trades.