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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
good luck and good trading
how would you know USDx is bid up or down if you didnt look at yesterdays paper:-)
yesterday's papers tell tomorrow's news. This is the mantra of chartists.
I think a trader should be less interested in black magic than in the obvious fact that USDx is bid down
in asia trade and bid up in London trade.
maybe the chinese govt can remain stupid for a prolonged time... until their liquidity dries up as you have mentioned... if this is the case... could happen... but could take some time for it to happen...
lesson to be learned... stop anticipating way ahead... this could kill you... the chart will tell you if it really starts happening...
just a thought... if chinese govt were smarter than you thought... and FED not as smart as you thought.... then what? Qing.. something for you to think about... good day!