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
Seriously , no those elections do not harm Merkels' term of office but it shows support is rapidly dwindling that means voters are more aware of outcome of bailouts then Merkel.
However the reason of Euro weakness is clearly Libor. Further on Sept 7, Constitutional Court
reads its verdict on bailouts of Greece etc. . The plaintiffs are a group of rather sharp minded economists.
While it is mostly expected the verdict will support bailouts, it is not so sure because the judges
are members of political parties now at odds with Merkel. By constitution only, the bailouts are illegal. Even if the court supports bailout it will certainly enhance rights of parliament to either
confirm or reject individual bailouts. And that is why the recent election is so important.
Merkel just had a bad result in a by-election ?
What is Merkel's position now? How long can she remain at the helm ?
Nothing more damaging than over-trading when mkts are confused. Being selective pays dividends in the long run and we just have to build our self discipine to stick to our trade plan whatever that might be.
Following trade signal services blindfold is not a good plan. Do the "work" to understand exactly what is generating the signals. Imagine the service (however good) might some day come to an end for a variety of reasons. Then you are suddenly on yer own jack and open to making consistent losses instead of consistent profits. There is a huge difference between the two scenarios.
If I were in Ashraf's position I would not provide a free one week trial. Why? because it takes longer than a week to fully assess the true benefits.
I have known traders bumping from one signal service to the next and 5 yrs later they are still themselves comparitively ignorant incompetant traders. This is because they want to lean on others and avoid doing the necessary work to become independant.
Ashraf is currently providing a valuable service and the subscription charge is peanuts at $90/month. Should be able to cover that in no time at all. The point I make is to take advantage of the "education" whilst it exists and forget about wanting everything for nothing, finding ways of sidestepping a few measly dollars. Take a sub for 3 months to force yourself into a fair appraisal.
This is my message to yu hu hu.