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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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New Pip
birmingham, UK
Posts: 84
13 years ago
Mar 6, 2011 6:29
oh... and how much time would you give a trading plan to say it working
New Pip
birmingham, UK
Posts: 84
13 years ago
Mar 6, 2011 6:28
Cygnus

Not sure if could answer this or if anyone else can... but how do you know if your trading plan is working or is it merely luck.....

For example.... You have been trading a month and everyday you have been profitable. Can you say the plan is working or is it luck - Thanks
New Pip
birmingham, UK
Posts: 84
13 years ago
Mar 6, 2011 6:21
Cygnus

You are right in everything you say....Just so you know, I do have a trading plan. I only ask of the opinons of the more experienced people, so that I can then gauge it with my own trading plan.

I guess it comes down to lack of confidence, but if there is someone on the otherside you can ask, then why not. Oh I'm more technical rather fundamental, so my lack of comments regarding the economies will be zilch and trying to understand half the conversations on here takes a lot of concentration as there are a lot of fundamentals... but I enjoy that

I will never trade blindly based on what someone has said on the thread -
cygnus
New York, United States
Posts: 63
13 years ago
Mar 6, 2011 4:52
New Pip:

I doubt you will gather much, if any, information on this forum that will help you trade profitably. If you are new to this game, what you need to do is develop a well defined system that gives you an edge and trade that system with consistency. You will also need good money management and tolerate large draw downs on your account at times. If your system has an edge you should profit over time. If your system has no edge you will drain your account. If you don't have a well defined system at all, you shouldn't trade in my opinion.
New Pip
birmingham, UK
Posts: 84
13 years ago
Mar 6, 2011 0:47
Chloe

I'm with you on the short down on Eur/Usd. Its gonna take a breather before possibly pushing higher. There is a weekly trendline resistance around the 1.4000 mark. I'm short 1.3986

Subz & ignore - i think you have lifted the forum in a good way. Yes, you do have the few outbursts but coupled with the positives I thankyou for your insight and suggestive ideas.

There have been a few people on this forum that tend to only have discussions amongst their select few. thinking they make the forum. As a newbie I believe a forum is there for others to speak and to help each other. Something which was lacking amongst the people here. So your words of wisdom are always of help :)
chloethebull
halifax, Canada
Posts: 1183
13 years ago
Mar 5, 2011 23:15
hopefully this is the eur top 1.40 up almost 1100 pips fairly fast ...starting to hear more about eur debt issue..some trying to renegoitiate interests ..otheres saying not a chance,,fitch hit portugal with another down grade ..uncertanty has to creep back in @ some point..ashraf tweeted earlier that ecb has never done a one &done rate hike and mentioned it would be useless with potential danger..but central bankers still try to push higher:(..any ways lets sit back and see how it plays out:) gl:)
Gammahunter
Isle of Man
Posted Anonymously
13 years ago
Mar 5, 2011 20:49
subway90 no i have nothin against u...but i c u kriticising lots on dis forum, so i thot how u like when it iz done to u. And i have shown u it iz not nize as u r upset. maybe nxt time u wil be productive in ur kriticism of cat and other ppl

ps i am not a disgise of cat...just a member of forum who wants to teach u lesson
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Mar 5, 2011 20:13
Some bank analysts warn - Ashraf seems to confirm- that ECB hike is the final nail on Euro's coffin.
ECB's first CEO Wim Duisenberg was pushed into office by German Chancellor Kohl. He wasn't actually pro Euro, rather pro Germany. He kept that stance when the goverment became socialist
and bowed to minister Lafontaine who wanted a rate cut to push up the ailing german industry.
From that move on, the real value of Eur started to tumble and it still does. No difference to USD. The only difference that matters is that Eurozone started to build the largest and most expensive administration as credit was cheap.
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Mar 5, 2011 18:38
no sub I don't have any disguises here. But I am a moron. That is true. I can prove that chart astrology has at most the same hit rate as a flipped coin. Only a moron can prove that.
subway90
Posted Anonymously
13 years ago
Mar 5, 2011 17:16
gammahunter...

do you have anything against me?

i only criticize one person in this forum for his moronic outburst...
i reallly don't care but only makes me think you are one of cat's disguise... :)
if not.. hope you stick around and learn from real traders not from cat....

for my posi... i will repeat again... and i'm very confident about it...

short 3970 and 4000(got filled) level... my tp remains 3820....



tony g...

if you're truly not cat... i hope the best for you... and i do hope you don't associate yourself with cat anymore... just a friendly advice... gl/gt
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