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

EUR

Discuss EUR in this thread
 
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Oct 7, 2011 10:28
Silver, my apologies. I did not know you were referring to Wednesday's trade.


Ashraf
Silver Dragon
Kuala Lumpur, Malaysia
Posts: 2
13 years ago
Oct 7, 2011 10:18
Ashraf, you responding means a lot to me. Thanks.

Yeap, I got stopped out on this trade: << Wednesdays long EURUSD between 1.3330-1.3370, for limit between 1.3390-1.3420, stopped out at 1.3280 >>

Hope to follow you more successfully. Problem is with so many calls, which one should I follow? It is fantastic that you hit 7 out of 10, but it would be horrible if I only pick the losing 3 trades !!!

Ashraf Laidi
London, UK
Posts: 0
13 years ago
Oct 7, 2011 9:34
Guddu,

The mistake we did in EURGBP was to set our targets ABOVE that resistance confluence 55 & 200 dma.

We played the lower highs. but now need to step back.

Ashraf
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Oct 7, 2011 9:19
Silver,

That is not possible to have been stopped out from our EURUSD trades yesterday.

We had two EURUSD longs, one of which all targets and the second one is 1 pip away from hitting all targets 13465 (versus 13464).

Yes, you were unlucky in EURGBP, as it got stopped out by 4 pips. meaning the low hit 0.8646, versus the stop of 0.8650.


As I wrote in the latest IMT, minutes ago:

7 Premium trades hit all targets, 1 stopped out, & 3 are points away from completing all targets.


Guddu, stay on hold for now

Ashraf
Guddu
Manchester, UK
Posts: 38
13 years ago
Oct 7, 2011 9:12
Hi Ashraf

my observation is that the trend usually reverses after we get stopped out, as in EUR/GBP.

can we re enter now in light of UK banks downgrade?
Silver Dragon
Kuala Lumpur, Malaysia
Posts: 2
13 years ago
Oct 7, 2011 9:07
Bloody unlucky. New subscriber. Joined yesterday. First trade Long EURUSD got stopped out for 80 pips. And just got stopped out of Long EURGBP for 100 pips. Of so many to choose, i need to choose two that did not work out. Shit.
givemethebill
Japan
Posts: 316
13 years ago
Oct 6, 2011 19:35
i am BACK ! almost bankrupt from holiday already without a wife. Won't be trading so frequently now onwards. Taking time off to reflect the good and bad and some writing.

EUR seems bullish technically, but i still am betting on a bearish view on interest rate south at least till the end of this year. before ben bazoka Q3.
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Oct 6, 2011 19:12
I hope everyone has noticed the BULLISH HAMMER On EURUSD WEEKLY.

This may give us 1.3550s next week. but not more than 1.37.

Stay tuned tomorrow for latest gauge.


And YES, I still see EURUSD below 1.28 late next month.


Ashraf
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Oct 6, 2011 19:00
yeah agree, its more than just a gap close.
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Oct 6, 2011 18:57
Dave i think we can do 1.3460-70s


A