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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 2338

Forum Topic:

USD

Discuss USD

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DaveO

N.Cornwall, UK

Posts: 5733

13 years ago

Mar 9, 2011 17:59

And you think that trading fundamental analysis is not calculated gambling, really?

bigBaby

Singapore, Singapore

Posts: 21

13 years ago

Mar 9, 2011 17:06

Ashraf does some great fundamental analysis. In fx, 500 pip movements either way is just noise, not to mention 80 pip movements.

Relying on charts for short term trades is as good as gambling. It becomes calculated gambling with money management skills and nothing more.

tkjohn

london, Kenya

Posted Anonymously

13 years ago

Mar 9, 2011 13:16

Ashraf said go long usd , euro spiked around 80pips .. tak tak

Gammahunter

Douglas, Isle of Man

Posts: 82

13 years ago

Mar 9, 2011 13:09

Yes rose I am with u on usdchf...will look to buy if we get close to 9240 area again...stop below in case this heads south

Ignore

United States

Posted Anonymously

13 years ago

Mar 9, 2011 13:03

lol..

Qingyu

manchester, UK

Posts: 1763

13 years ago

Mar 9, 2011 11:23

Ashraf & CAT have same idea, let's do it! ^_^

Ashraf Laidi

London, UK

Posts: 0

13 years ago

Mar 9, 2011 1:56

USD seeks to add more upside in the 2 weeks to come.

FX markets maintained USD well bid despite a rebound in equities, adding further (desperately needed) support for the USD index, which translated into EURUSD falling below 1.39, GBPUSD below 1.6170 and USDJPY testing 82.90s. ----- Expectations of an ECB hike failed to boost EUR after Standard and Poor's ratings report warned of further downgrades in Eurozone peripheral nations and told MNI that a Greek default come in between 30-50%, so a haircut of more than 50%. EUR bulls may rest comfortably unless a break below 1.38 trendline materializes. ------ AUDUSD requires a close below 1.0015-20 to extend losses towards the next target of 0.9950s. Aussie jobs tomorrow night, BoE decision on Thursday and US retail sales on Friday will help deterlimne these key levels.

LATEST HOT CHART ON EURGBP here :http://bit.ly/ gikAn3

Ashraf

rose

Posted Anonymously

13 years ago

Mar 8, 2011 21:18

Machi moving my stops up to 9300 t/p 9450

catnip

Frankfurt, Germany

Posted Anonymously

13 years ago

Mar 8, 2011 17:10

USD short pos raise ... everyone US bearish ... time to buy USD future

Machiavelli