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Posts by "olivier"
57 Posts Total by "olivier":
4
Posts by Anonymous "olivier":
Regarding the EU bank stress test, I believe that the results will be out at 5pm UK time today, although expect leaks before that lol
http://www.spaceflightnow.com/shuttle/sts135/status.html
Enjoy
Anyway, good w/e to all
I was only saying that from the time of his posting, a long trade from 4445 was time-consistent and, at least as far as i'm concerned, putting one's stop at b/e while 30 pips in profit on a long euro trade after the market had quite clearly called the bluff on Trichet's strongly vigilant' words, was a sensible idea.
So the guy had his stop taken for 0 pip! So what? b/e and losing trades are just part of trading: I look at them as the cost of being able to trade, no more no less.
I had a look back on previous postings of his and he has been long for a while, seemingly capturing a fair chunk of the move up from 41xx.
I obviously misunderstood your "eurusd WAS AT 4330 AROUND 6.30PM" but I still don't see the relevance of it; anyone looking at an /$ chart could have told you that! As for the 'contrarian' indicator, i would say that all those calling for 1.40 over the last 3 weeks have been the contrarian/wrong ones.
If you're going to attack someone, please make sure that at least you get your facts straight....
Ignore's trade - "long euro/usd now 4445...stop BE (8)"was posted on June 10 (today)
at 07.59 ET (Eastern Time - it says so on his post) = 11.59 GMT = 12.59 London Time
(London is 1 hour ahead of GMT at the moment - British Summer Time (BST))
At that time /$ was at 4474 and NOT at 4330 as you say, so it is quite conceivable that he took a long
at 4445 and put the trade at b/e after being 30 pips in profit.
People will draw their own conclusion from someone who quite clearly is not able to add 4-5 to an ET
and get the equivalent GMT-London Time or who can't read an /$ chart properly.