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Posts by "xaron"

548 Posts Total by "xaron":
528 Posts by member
Xaron
(Munich, Germany)
20 Posts by Anonymous "xaron":
Xaron
Munich, Germany
Posts: 528
14 years ago
Nov 6, 2009 18:50
Hehe Ashraf, yes looks like you're right. But those 50 pips moves are just noise to me. I trade very low leverage, it's more an investing than trading. But I fear that a lot of guys here use leverage and 100 pips can be a pain then. ;)

Let me ask you a question, dear Ashraf. I've read your book which is great btw, but just wonder about all those intraday technical hokuspokus stuff. I mean wouldn't it be easier to just trade the bigger trend and buy here and there. I just wonder how do you trade that stuff, I mean you must hedge and straddle all the day?
Xaron
Munich, Germany
Posts: 528
14 years ago
Nov 6, 2009 15:03
Ashraf, no offense, but I hope people DON'T follow blindly your IMTs. Though they're quite good it's dangerous for newcomers. I mean look at your 70% probability for a close below 1.4550 in the Euro. I don't want to know how many traders are quite short in this pair because of your advice. Again, no offense and I know everyone should be responsible for his own trading but you simply can't tell us proudly that you were correct this time.
Xaron
Munich, Germany
Posts: 528
14 years ago
Nov 6, 2009 14:12
Hmm... I don't see any USD gains beside this knee jerk reaction.

Do we have a return to the good old fundamentals? :)
Xaron
Munich, Germany
Posts: 528
14 years ago
Nov 6, 2009 12:45
Personally I think we will see high 1.49x levels today in the Euro and will have another lift off in the Aussie due to another risk rally. But that's 50/50. No one can know what happens. What's rather interesting is that the stock rally yesterday wasn't followed by a currency rally. I know most here seem to be Dollar bulls (at least short term) but I just don't see why there should be a huge(!) risk aversion above normal correction moves should happen.
Xaron
Munich, Germany
Posts: 528
15 years ago
Nov 5, 2009 12:40
I don't think so, mo. They might increase their QE program further...
Xaron
Munich, Germany
Posts: 528
15 years ago
Nov 4, 2009 22:01
Alright! I guess you're right with stocks and I hope to see that link between stocks and currencies weaken again (so stocks down, dollar down). Not for now I agree...
Xaron
Munich, Germany
Posts: 528
15 years ago
Nov 4, 2009 21:36
You must be kidding speculator. The FED gave their ok to short the Dollar to hell. They just want a weaker Dollar, that's soo obvious.
Xaron
Munich, Germany
Posts: 528
15 years ago
Nov 4, 2009 21:20
@Montmorency: Yes, that's me. :)
Xaron
Munich, Germany
Posts: 528
15 years ago
Nov 4, 2009 14:12
Don't worry Ashraf and keep up the good work. I'm always amazed how you keep the overview about all the stuff out there and still have time to post here. ;)
Xaron
Munich, Germany
Posts: 528
15 years ago
Nov 4, 2009 13:21
Thanks Ashraf, but that was not my question. ;)