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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:

EUR

Discuss EUR in this thread
 
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Sir Ignore
United States
Posts: 3068
11 years ago
Mar 7, 2013 18:54
In reply to DaveO's post
:) many agree on indicators in trading, but with the EW crew, I have listened to them argue/insult each other's count for years...:)....and seldom do we look back to check, very few reports on that

"it's the pursuit of easy money'
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Mar 7, 2013 18:32
This thing is getting protracted, might have to take a break out and screw da EW. Bane of my life having EW in the blood.
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Mar 7, 2013 18:10
In reply to Sir Ignore's post
yeah, things will change again, they always do. I have a feeling these CB's are getting away with murder with their highly successful jawboning. Ultimately the dumb mkt will catch up with how it is being duped time and again :-) Then we might see some decent trending.
Sir Ignore
United States
Posts: 3068
11 years ago
Mar 7, 2013 18:01
In reply to DaveO's post
yep...the process now for ind. traders is much more difficult..no secret.

we are but the lil fish along side the shark, who, in turn, is pursuing the garbage from the Queen Mary.

but, with good MM many systems will edge forward..it seems...

I find myself, if I make some good profit, I will then risk more than necessary with a partial of that for the next few trades, against good r/r's...and way too aggressive.
Just taking profit now at 55 pips from mid tunnel on breakout, entry verified 13 pips abv/below tunnel
will net 42 pips...with minimal risk. Just this is all momentum trades can generate consistently..
few big mono runs, so scalps the call on most any system now, many have undergone tweaking.

Of, course there are the genius types. :)
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Mar 7, 2013 17:48
usdjpy finally makes the figure at 95. I had hoped for a deeper correction on the daily. Couldn't even make 23.6%
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Mar 7, 2013 17:40
In reply to cat0nip's post
yes credit due but it hasn't got there yet and I shall be travelling tomorrow :-(
cat0nip
Frankfurt, Germany
Posts: 1632
11 years ago
Mar 7, 2013 17:34
In reply to DaveO's post
Told ya my long target is 1,32 by friday....
no one listened...
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Mar 7, 2013 17:26
darned CB's control the currencies, every word is dissected.

eur strongest currency at +120, JPY weakest at -136, usd -25
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Mar 7, 2013 17:03
In reply to Sir Ignore's post
wish all mine were as clean as that one :-) I get more and more scalpy by the day.
Ashraf Laidi
London, UK
Posts: 0
11 years ago
Mar 7, 2013 17:00
ECB: Ashraf Laidi of CityIndex outlines the similarities and differences of ECB President Draghi's press conferences in March versus earlier ones in 2013. This month, like in February, "GDP & inflation growth forecasts were downgraded in both press conferences, while projecting a pick up in the 2nd half of the year," he says. As for differences, in March, "Draghi's opening remarks did NOT mention 'appreciation of the euro' as a factor in downside risks to price developments as they did in February," he says. "Mentioning fewer factors to the downside price risks is naturally more positive for the currency, especially when
currency appreciation itself is singled out as the distinctive factor between today and February," Laidi says.

- MNI

Ashraf
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