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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
EU clueless as usual. ECB bankrupt. Only one can help them out: Dr. Ben Bernanke.
Dollar swaps etc. Merkel is willing to take the Acropolis as collateral. "If Greece defaults which will never happen, anyway, I can sell the Acropolis on ebay's exclusive homes section" she is reported.
Well a decision will come soon. Could be Euro sub parity or back to 1.43 if Ben aids.
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we have no idea either..
thanks Chloe
Dave..u are certainly a wise man with so much knowledge..a pleasure to listen to you on ANY subject..
and regarding trading, it is obvious to any vet fx trader that you have 'in depth' hands on with market movements, whys and wherefores...
If you were administrator on this forum...it could be marketed to large base...
(I know you don't want to do that)
So..yes on the 1 hr 21sma.the tunnel in it's purity measures momentum runs..back tested to show fibo
runs from the mid tunnel..of course when price is in the tunnel..a good r/r can be seen for short 55/89 pip
runs and allowing for longer moves..profit talking along the way is a key, as you see me banking early
partial moves...but all models have been thrown off axis lately with the 'fin crisis' . so the 1 hr has also
has its chops and inexplicable short term reverses..however, 4 hr overcomes this noise and produces the good momentum runs..
on 1 hr 21.. one could just trade that and catch the 'mid run' moves consistently' with the occasional
spike to tp or stop..
lagging is fine for me, you see
me waiting for validation of the laggers and then getting some of the run..not all of it like you can
with more pin point fibo levels, etc..
of course, we must all be wary of he channels and place our models against those in mho..
gonna look at charts see weekly, monthly,...
holdin E long from 4202..after banking almost all of the scenario last week.
later