Forum > View Topic
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
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.
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 :-)
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.
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.
For eveyone else. it's a chart that youvenever seen before.
http://ashraflaidi.com/products/sub01/access/?a=479
Ashraf
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
11/16 - 1/16
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...