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

EUR

Discuss EUR in this thread
 
cat0nip
Frankfurt, Germany
Posts: 1632
11 years ago
Feb 7, 2013 11:17
In reply to Ashraf Laidi's post
Ashraf my trades are short term and fully automatic. It trades changes of trends of strengths differences and works quite well. Thus for that long term views are not interesting. Only occasionally I make trades myself w/o algorithm. This doesn't prevent however to point out that the Eurozone politics re economy and financial is dead wrong, especially, from the german side, and will eventually end in desaster.
I take the side of Cameron here the EU is an ineffective extremely costly adminstration monster that cannot be tolerated.
Merkle broadly supports that 63 bln of EU budget alone goes for
EU officials. That is 6% of the total budget. No private enterprise could survive that. Only Merkel's.


Qingyu
manchester, UK
Posts: 1763
11 years ago
Feb 7, 2013 10:55
imho, AL have changed a lot since he start his own biz, very clear entry/exit with exact short term timing.
DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Feb 7, 2013 10:46
In reply to Ashraf Laidi's post
Perhaps we re-name cat AEP-CAT :-) To be fair to cat he is long as often as short.

I often wonder what your macro perspective is Ashraf, not just on the eu. Perhaps we could have that Latte' sometime when I am in town.
Qingyu
manchester, UK
Posts: 1763
11 years ago
Feb 7, 2013 8:33
well, no doubt, one's mistake make other looks cleverer.

no offence to both sides, i am so small! :)
Ashraf Laidi
London, UK
Posts: 0
11 years ago
Feb 6, 2013 22:40
Catnip,

I didnt know you were also a psychologist reading people's nervousness and sentiments.

But i did notice that every single comment from you on this forum is more negative than the next.

One who read your comments 4 weeks ago or 4 months ago, would have believed EURUSD to hit parity or disintegrate.

How long will the markets continue to be wrong and you continue to be correct?

Regardless of whether I thing EUR is a mess of debt mess or an inconceivable project, that is NOT the challenge...we can all talk about at a party or at a cafe.

The challenge here--the hard part--is to figure out where the market goes from here--at which point it follows fundamentals/flow/sentiment/etcc.

Otherwise, persistently talking gloom and doom on the Eurozone starts sounding like a broken clock & its twice/daily accuracy.
Anybody can do that in a blog or newspaper etcc

Ashraf



Ashraf

cat0nip
Frankfurt, Germany
Posts: 1632
11 years ago
Feb 6, 2013 22:10
oops looks that SNB dumps EUR buys USD ?
cat0nip
Frankfurt, Germany
Posts: 1632
11 years ago
Feb 6, 2013 22:07
once again unusual volatility in Sydney fx market - low liquidity big orders? GBP? not tradeable market.
cat0nip
Frankfurt, Germany
Posts: 1632
11 years ago
Feb 6, 2013 21:44
In reply to DaveO's post
I didn't count AUD as major ( EUR GBP JPY USD )
digi
toro, Canada
Posts: 1040
11 years ago
Feb 6, 2013 20:25
In reply to cat0nip's post
http://danmurphys.com.au/product/DM_49640/mount-gay-rum-eclipse

DaveO
N.Cornwall, UK
Posts: 5733
11 years ago
Feb 6, 2013 20:15
Today eur low on currency chart is -47 with aud being weaker at -68 low, but the day is comparatively narrow range across the board with jpy being the strongest at a high of +60