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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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Ashraf Laidi
London, UK
Posts: 0
13 years ago
Mar 3, 2011 11:21
Euro rallies across the board on further PMI strength, while GBP is pressured by the lowest services PMI in 4 months. Eurozone Feb services jumped to 56.8 from 55.90 to hit its highest since Aug 2007, while the prices paid index rose to 52.8 from 49.8. Euro gains in anticipation of a hawkish press conference from JC Trichet, who will seek to open the door for a possible rate hike as early as May but MAY NOT necessarily go for the actual hike in rates. Central banks often aim at managing inflationary expectations via rhetoricand therefore do not always follow-up on their words. This was the case of the FOMC in Spring 2007 when the US central bank aimed at avoiding further dollar declines but was unable to raise rates in light of the broadening cracks in the sub-prime housing market.

EURUSD could well do 1.3930s but I do not see Trichet altering the language..That means he will continue to say inflationary expectations remains WEKK ANCHORED but may use words such as ..."We will ACT right away in case this changes"

Ashraf
Yoni
Turku, Finland
Posted Anonymously
13 years ago
Mar 3, 2011 11:10
Cat, please have mercy. Many of these traders are really broke and will give all their remaining money to attend your seminar. Please do not be harsh. Forgive us.
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Mar 3, 2011 10:54
Special tarriffs for broken traders ... nope.
Yoni
Turku, Finland
Posted Anonymously
13 years ago
Mar 3, 2011 10:41
Of course, I do not mean for free. I am sure lots of people (for example subway, ignore, putko, dave, chloe...) will be willing to pay you lets say 100 bucks to attend your webinar.
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Mar 3, 2011 10:36
I don't do anything for free.
Yoni
Turku, Finland
Posted Anonymously
13 years ago
Mar 3, 2011 10:32
@Catnip

Can you make a webinar on that, i.e. chart free trading and the shortolong positions?
Thanks
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Mar 3, 2011 10:26
yes the art of trading chart free that is well ... one gets it at once and the other never.
Putko Mafani
Cape Town, South Africa
Posted Anonymously
13 years ago
Mar 3, 2011 9:59
Ja, unglaublich.
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Mar 3, 2011 9:55
yes with 2 brokers one can have short and long pos . Profit depends on exit .
Chartists will exit from both positions concurrently and make no money. But I am not a chartist.
I use only strenght and trade strength differences, not prices.
Putko Mafani
Cape Town, South Africa
Posted Anonymously
13 years ago
Mar 3, 2011 9:53
And finally Cat, I propose you be invited in the show "Wetten, dass" to demonstrate there your special skills, i.e. the short-o-long position. Good luck.
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