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by Ashraf Laidi
Posted: Feb 3, 2010 17:02
Comments: 116
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This thread was started in response to the Article:

$1.32 Euro Under Construction

The deteriorating momentum of sovereign concerns in the Eurozone & further dissenting rhetoric from FOMC to weigh further on EUR & other risk currencies.
 
PippedOff
Canada
Posted Anonymously
15 years ago
Feb 4, 2010 15:58
Ashraf thinks opposite of what GOLDman Sachs thinks.

Do opposite what GOLDman says, so trherefore follow what Ashraf says.
Saka
China
Posts: 29
15 years ago
Feb 4, 2010 15:57
PippedOff

Nice to meet you here.

I have been trading fx for more than two years, I'm not a newbie but also not a mature trader sincerely. The MATURE TRAER is in my mind who is also my idol to chase for. I seldom read what banks write which tells you the way of the market. I am a typical technique trader, but don't reject fundermentals either.

My strategy is 4h MACD Market Rhythm which is designed by Phillip Nel. Our thread is at forexfactory, you can view it here:http://www.forexfactory.com/showthread.php?t=14630

Cheers!
mabedi
mashhad, Iran
Posts: 29
15 years ago
Feb 4, 2010 15:52
Hi ashraf ,
I think 1.3748 is a very strong Support,
What do you think ??
thanks for your articles
PippedOff
Canada
Posted Anonymously
15 years ago
Feb 4, 2010 15:22
Saka-is that short for Godman Saka?

Did you buy sterling at 1.6450 like Goldman told you to>
Saka
China
Posts: 29
15 years ago
Feb 4, 2010 15:19
Bingo,Ashraf

We would expect more bearish trend of EUR/USD, and wait for chance of swing up to short it.

It is newbie to do counter trend trade when it forms divergency, which is just the signal of cut some short positions for mature traders
Gary D
United States
Posted Anonymously
15 years ago
Feb 4, 2010 4:10
Astute analysis as always - Triple-A stuff! Two questions: 1) Does confirmation of the Fed Chairman give the FOMC more scope to communicate the timing of end of "exceptionally low policy for extended period"?; 2) Does the EU Commission's approval of Greek Stability Plan tone down the focus on their fiscal front?