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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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Putko Mafani
Cape Town, South Africa
Posted Anonymously
13 years ago
Dec 14, 2010 15:35
Really? OK, I am all in USDCHF. :)
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Dec 14, 2010 15:06
It says go ahead
Ignore
Posted Anonymously
13 years ago
Dec 14, 2010 14:49
catnip..waz ur peter meter sayin abt your usd/chf long?

Mybe this :
'yes I ( try to ) trade market structure but to me structure is a mathematical object describing a topological space together with dimensionality.' lol

if only blah were pis.. '
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Dec 14, 2010 12:58
Yes both is based on the idea that fx is different from stocks as one should not trade prices
but strength. But apparently it doesn't always work. fx has only relative prices thus chart patterns
make little to no sense. One has to take into account futures and market volume.
However i always use hedges that reduces profit but minimizes loss to zero.
It is a proven fact that currency strengths are quasi periodic.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Dec 14, 2010 12:44
Catnip, if you are using the accustrength meter charting alongside the profiteer RT meter I assume you form your general directional bias from the former and use the latter to guage exact entry, all the time being aware of the next calendar news event of course.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Dec 14, 2010 12:38
you would never catch out Subway because he will say "if xx is taken out then the high probablilty move will be y" etc. That is the correct and prudent commentary for analysis.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Dec 14, 2010 12:30
Choice of wording always critical for any market commentary. Think Murphy :-)
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Dec 14, 2010 12:27
NZD and AUD similar strength to CHF on yer meter catnip
Yoni
Finland
Posted Anonymously
13 years ago
Dec 14, 2010 12:25
Catnip, you continue to say what the market "should" and "will" do. Yesterday your shoulds failed. Your ignorance can kill you.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Dec 14, 2010 12:25
and after that liquidity will thin again until 19.15 GMT :-) And so we dodge from one news event to the next :-)
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