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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 2338
Forum Topic:

USD

Discuss USD
 
Ganja
, United States
Posted Anonymously
13 years ago
Mar 10, 2011 15:35
Blonddike....maybe its gamblers' genes, eh?he seems fast and loose...
Machiavelli
Posted Anonymously
13 years ago
Mar 10, 2011 15:25
These fundamentalists are funny. If I chart the Sunrise I can tell at which exact time the Sun will rise tomorrow. Now, do I control the Sun's orbit because I drew a chart?
bigBaby
Singapore
Posted Anonymously
13 years ago
Mar 10, 2011 14:18
@DaveO

From a newbie's point of view this whole fx thing smacks of a casino, particularly the short term trades whether they are based on fundamental analysis or otherwise.

Between the devil and the deep blue sea, fundamental analysis seems to make a whole lot more sense to me and it's just my personal view that fundamentals decide the direction the markets ultimately take. To say that charts determine future movements just doesnt seem logical to me. That's not to say that charts dont have a part to play. I feel that they do help me crucially in entry/exit points and money management. That's about it.

If I had to stake my life and choose between them- fundamentals is it. But that's just me. Even then that would only be for longer term trades. In the short term anything goes and it is a casino out there, the way I see it.
Klondike
Idaho, United States
Posts: 27
13 years ago
Mar 10, 2011 6:39
@I'm wondering, becuz a measure of your grandfather may have drained down to you! :)
Klondike
Idaho, United States
Posts: 27
13 years ago
Mar 10, 2011 6:25
@DaveO

So, what did your father think of all this?
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Mar 9, 2011 21:45
Yeah lol, my grandfather was a bookie who became an owner/trainer. He almost got it right but I am told the family went from rags to riches many times :-)
Klondike
Idaho, United States
Posts: 27
13 years ago
Mar 9, 2011 21:37
Much like handicapping the horse races. You handicap the horse, the rider, the competition, the track. and the inevitable trainer that drugs his horses. lol
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Mar 9, 2011 21:20
I liken trading to professional gambler. Highly disciplined art form. Nothing like yer punter taking a bet on the geegies. Its a numbers game requiring a highly developed personal edge.
t
Canada
Posted Anonymously
13 years ago
Mar 9, 2011 18:23
Guys, these posts can't be from catnip, ignore etc. Someone is trying to mess up with this site. So just take it easy until Ashraf fix this problem. posting without signing in, so my name won't be used for this crap.
catnip
Germany
Posted Anonymously
13 years ago
Mar 9, 2011 18:11
close USDCHF @93 from 927 will re enter