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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
dollar funding problem of Ezone banks, hear plenty of lies that traders made loss of 2 bln ( infact it was lack of dollar liquidity, counterparty risk) and this time the FED will not step in.
Geithner said it all. But The congregation of fools didn't listen.
This basically means bank bailout packages are needed in several countries to avoid a collapse. This will hurt countries like France, however I don't see other options.
I respect your opinion and have learned a lot from you, with the Eurobonds I believe you are a little bit to optimistic. For the equity markets the question is will there be a rally because equities are material assets and a greece default is priced in, or will be credit de-leveraging pull down the equity markets. For the USD it properly means a stronger dollar as the save-haven.
Nobody should take my assumptions to be correct, my market experience is not good enough to understand the interaction of all this.
as then EU has no more options . EU must introduce Eurobonds. But before that big volatility.
Better stand side.
You do however also use a limit to enter the trade, they are just types of orders.
Here:http://www.learnmoney.co.uk/spread-betting/orders-1.html
Need clarification on Ashraf's trading calls.
If Ashraf states " Long EURXXX between 1.** - 1.** , for limit between 1.** - 0-1.**, stop at 1.** "
Is he calling for a limit order to buy at the first prices range?
Or is he using the word "limit" insead of "take profit" for the second price range?
Appreciate input. We all have to start somewhere.
Ashraf trying to do far too much. Many hrs on twitter, chart analysis, intermarket analysis, unruly forum to respond to when insulted, telephone calls to make and take, bills to pay, office admin work, travel schedules to organise and then venues to attend all over the globe, carnival barker tv appearances, new book to write, old book to translate into multi languages.
Did I forget something ? ah yes.
Premium Service requiring much dedication and time, trade set-ups to identify and post in a timely manner, questions to answer re trades, more posting on twitter to promote the trades and the service, keep track of 24hr news stream 6 to 7 days a week during a permanent crisis, liase with IMT team, write some of the IMT's himself, worry about the website and pester IT guys to improve, sort out problems with paypal, answer essential emails. I could go on and such is the life of a single handed entrepreneur.
The trouble with this is the risk of nothing quite getting done as the customer might like or demand. And in the process there will come a time when Ashraf will burn out and I would hate to see that. Seriously, I have a love/hate respect for AL but understand the problem.