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

EUR

Discuss EUR in this thread
 
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DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Mar 17, 2011 18:35
I would like to be able to map Bencat but its impossible. You will pleased to hear this catnip.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Mar 17, 2011 18:32
Subs, broadly agree your AUD analysis. In addition our great leader (oops) very bearish. Caveat is their relationship with China on the fundies. I map Ashraf with EWA, he on an upper lol
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Mar 17, 2011 18:07
Subs. me similar. only trade forex 3 units of 1 lot per unit so max 3 full lot. With ES, gold, crude etc trading different matter because I have the experience and screen time there. Bit different to someone whose family owns the bank :-) I built my trading account up from 1995 never drawing out except expenses. Risk is what I always focus upon and forex is still a sideline for me until more experienced.
subway90
Posts: 1078
13 years ago
Mar 17, 2011 17:48
IGGY...

Aud main resistance formed around 9920/40.... need close above that level for any chance of move higher....
to the downside... break below 9700 level would see 9600 then 9480/9500 strong support... expecting bounce from this level back up to 9740/50.... b4 next selloff....
Ganja
United States
Posts: 278
13 years ago
Mar 17, 2011 17:29
must also mention..closed first 2 positions a/y from high level...fairly big loss..yesterday..
thats why the usd/jpy short put on..
subway90
Posts: 1078
13 years ago
Mar 17, 2011 17:27
daveO...

definitely.... i'm just a small time trader compared to our friend... the max lot i hold would be 5 lots... on the avg. i just hold 2 to 3 lots...

any view on the AUD longer term?
for me break of 9537 could signal top in place... and could be the start of correction of whole move from 6007 bottom.... this is the main reason why i'm quite concerned about our dear friend...
Ganja
United States
Posts: 278
13 years ago
Mar 17, 2011 17:23
yo bros...don't fret this way..have had big pip capture on dip and retrace so far..$/y
a/y need 78.30 for BE and keep swap
$/y long fm 77.25
and euro long 3950

none due to good trading, only saved by large account,


size matters
Ganja
, United States
Posted Anonymously
13 years ago
Mar 17, 2011 17:17
looks like g7/boj anticipatory buyin of a/y $/y in market
subway90
Posted Anonymously
13 years ago
Mar 17, 2011 17:17
same here... had real bad experience with YEN when i first started forex trading...
listened to those damn brokers and 1500 pips wiped away overnight.... i didn't know anything about technical trading back then... :)
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Mar 17, 2011 17:14
Subs, I share your concern re our good friend but he big boy with big balls so gl to im
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