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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:

EUR

Discuss EUR in this thread
 
DaveO
UK
Posted Anonymously
13 years ago
Aug 20, 2011 23:21
Qingyu, I agree with skipper that CB's and big boys have no interest whatsoever in small fry. Its more the case that we small fry seek to follow in their wake. Rather the sum total effect of their combined wake.

When you visit forex forums full of newbs you see nothing but complaints about brokers cheating them because the spread spiked during a news announcement or they perceived that their stop was chased in very low vol conditions etc etc. When you check the data across many vendors you almost always find consistency. Likewise such forums are full of conspiracy theories that large players are out to get the small boys. Mind you I wouldn't believe any published calls from trading houses such as GS and the like.

Some MM brokers have been fined for using virtual dealer plugins to apply assymetrical slippage and such practice is illegal. This is a risk we take when using market maker platforms.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 20, 2011 22:47
Ashraf, I am not a Premium member but simply asked you to grant me the favour of your cycles analysis. I have said before that when you improve communications on the Premium service I would join up again. I did take the trial and a further month for assessment during your first month of ops. I also recently asked you in your Ashraf Book thread whether you had yet enhanced communications to which you have sought not to reply. I know that you do not reply to emails so no point in emailing you.

I would have little faith in cycles analysis for the eur at this particular time. The whole situation is far too potentially explosive for conventional analysis to be of value. Please help me to change this opinion by sending your chart to me :-)
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Aug 20, 2011 22:37
FXHandler. If you had read just 5% of my posts you would know me to be mega bearish eurozone unless or until they address their underlying fundamental problems. I don't know how you determine me otherwise.
DaveO
UK
Posted Anonymously
13 years ago
Aug 20, 2011 22:33
The Recession of 2011?
The Streettalk/Mauldin Economic Output Index
Is There a Recession in Our Future?
The Bright Side of Europes Dysfunctionality
The Treasonous Fed
http://www.johnmauldin.com/frontlinethoughts/the-recession-of-2011

Another worthwhile read from JM. Covers US and EUR banks.
Helmut
Hannover, Germany
Posts: 24
13 years ago
Aug 20, 2011 20:11
A question from a beginner to the experts regarding the USD versus Euro for the next couple of years. My understanding is that the USD is the reserve currency and that Europe may not overcome the european debt crisis, once one or more EU countries collapse, this will have a domino effect for the entire banking system. On the other hand the US will likely to unwind QE1/Q2 which means there will be significant demand for the USD. Also the US cannot go bankrupt because their dept is in USD which they control.

With this situation in mind and catnips recommendation to keep USD cash is it time now to get swap Euros into USD and keep in cash?

Is a Euro breakout as the charts may show it substantial or do you assume a much stronger greenback for the long run.

Thank you for your opinion/discussions.
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Aug 20, 2011 19:37
Hey dave, you havent even read my conclusion and yo';re already arguing? i always like your healthy skepticism...but how about reading the full piece, look at the chart and then come back to me and excercise your skepticism..otherwise, save it for the forum


For eveyone else. it's a chart that youvenever seen before.

http://ashraflaidi.com/products/sub01/access/?a=479

Ashraf
Sir Ignore
United States
Posts: 3068
13 years ago
Aug 20, 2011 17:08
Q. :)

Syndey: TZ is my baby, very sleek classy lines, responsive, beautiful,
intuitive. A very appealing, comfort filled experience..

TZ is ready to travel and explore..

ok?

Sir Ignore
Qingyu
manchester, UK
Posts: 1763
13 years ago
Aug 20, 2011 16:44
no, skipper, i am just a humble bear...0_0!
Sir Ignore
United States
Posts: 3068
13 years ago
Aug 20, 2011 15:49
good trade for going on holidaze like takin TZ to Jamdown Negril Pointe for celebrations.

11/16 - 1/16
Sir Ignore
United States
Posts: 3068
13 years ago
Aug 20, 2011 15:47
Q. do you have a direct line to a cb manager....talk to mine every other day..they have no strategy
or fakeouts and deception..an overused notion..mho
________________________

a trade that could build some good profit..future months..is buying the aud/jpy here even down
back thru 76.50 current 79.50...with jpy weakness as a gov strategy...and risk returning after
'the sky does not fall" (chicken little)..

recommend determining for yourself the swap accumulation..and the good range for principle preservation..... back abv 81.00 very high probability where a good bottom could set in and let
the swap roll....

peace broz...