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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
gl/gt
break above 3215 confirms move higher toward 34xx level initially... then 3650/3750 area.... only break below 2930 would see Euro back on the defensive and 2750/2800 level would be tested....
gl/gt
I'm doing it for a thrill
Oh I'm hoping you'll understand
And not let go of my hand
(x2)
I hang my hopes out on the line
Will they be ready for you in time
If you leave them out too long
They'll be withered by the sun
...
In For The Kill by La Roux Lyrics
btw.. came across this comment during a trading seminar recently and it's really sad!.. yeah.. foolish in my view not to use any TA or at least a stop loss.. regardless what fundamentals or any trading advice one might act on..
trade safely!.. particularly this year..
"..Same old question, so Is the world fixed ? I can't seem to understand, why are we just running up for 3 months now, almost 25% in S&P, DJIA. Where's this optimism coming from? Greece not resolved, Portugal to follow. Bad PMI today, but market pared losses. AUD,NZD,GBP running up. I am very frustrated, may be coz I am a fool, holding long term bad short positions- Dow short 11000, AUDUSD short 9750, NZDUSD short 7630, GBPUSD short 15530. I am looking for levels to cost average so that I can atleast get out at breakeven, but the way things are at the moment, no sure if it's time to short, definitely not to chase or go long. I am totally confused.."
"it has been suggested that it may be better for X to allow rate to dip under Y
to flush Z and big stops before taking rate higher again.."