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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:
EUR
Discuss EUR in this thread
that word 'always' not in the fx dictionary oh catOnips
But Ezone banks and ECB are short of USD. What does that mean for EURUSD?
It means either emergency sale of gold reserves , or issue of Eurobonds.
The reason I suggested less trades was that it seems to be hard to issue successful signals on that many instruments - the best traders are specialists in 1 or 2 instruments.
In general I think 1 trade on 1 instrument per day is about the right amount, any more than that and it is tantamount to overtrading.
Also, I think the long term analysis is very good but long term and day trading for 50-60 pips are different games.
And by the way I thoroughly enjoyed your presentation last week on the Boris and Kathy webinar series.
PJ