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

EUR

Discuss EUR in this thread
 
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Jan 21, 2011 15:09
USDx very close to danger zone ( danger for USD) one more bad bank earning and we'll see it making down to 77
Ignore
United States
Posted Anonymously
13 years ago
Jan 21, 2011 15:09
Dave..did you have to go take a nap after that discourse?
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United States
Posted Anonymously
13 years ago
Jan 21, 2011 15:06
Yo Lisa..are you taking profit at your 3570 tp, and if so, what % keep running..
tia
Ignore
Posted Anonymously
13 years ago
Jan 21, 2011 15:01
thank you, Q.
Qingyu
manchester, UK
Posts: 1763
13 years ago
Jan 21, 2011 14:57
cropper
noun
Idioms: come a cropper (BrE, informal)
(of a person) to fall over: He came a cropper on the ski slopes.
to have a failure or near disaster: We nearly came a cropper in the second half of the game.
sydneyjames
Sydney, Australia
Posts: 348
13 years ago
Jan 21, 2011 14:56
had enouf trading this week, i am off. have a good weekend guys!!!
Ignore
Posted Anonymously
13 years ago
Jan 21, 2011 14:52
DaveO well said maestro....'cropper'? lol
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Jan 21, 2011 14:52
Similar minds Shane. Our posts crossed post :-)
Ignore
Posted Anonymously
13 years ago
Jan 21, 2011 14:49
indeed 3570 sticky and at the 1 hr double top but still long on 1 hr via model
4 hr still long from 3397 stochs hunching lower soon

expect drift back toward 3400

but weekly trend indicator at this point would turn euro north on major trend, making it the 6th trend change since nov 09...but not sufficient yet for a high probability
profit taking on longs

6th rum caveat

DaveO
UK
Posted Anonymously
13 years ago
Jan 21, 2011 14:48
Someone says TA does not always work and someone says Fundamental Analysis does not always work.

I say neither method always works. I could site hundreds of examples of both methods failing. There are examples every trading day.

Why are we on this forum ? Why are we following Ashraf perspectives and btw Ashraf combines both approaches.

The forum is definitely not suitable for novice traders as there is neither a formal trading methodology adopted nor "trading" education provided. Anyone joining this forum who does not already have a well proven personal trade methodology and Trade Plan is highly likely to come a cropper attempting to follow others.

I honestly believe that all partcipants should refrain from claims that their way is the only way and become a lot more open minded. Their way might be the only way for them but it is certainly not and never will be the only way for all traders.

Catnip has been the classical example of a trader with blinkers, tunnel vision, and very obvious trading inexperience. I am not saying he has nothing to offer here but if he continues to aggresively provoke ongoing argument about techs v fundies the forum will degenerate to extinsion.

My own personal perspective is one of tech trader with very thoroughly developed methodologies fine tuned to suit me and my own personal psychology. I know a lot less about fundamental analysis but am interested to see if combining the two would add or detract to my typical bottom line each year. Jury is still out on that, I don't see any "magic" with what Ashraf is doing but then I didn't expect to see any magic :-)