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Old 24-07-2007, 10:12   #5881
pqt
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Re: Sell Eur/Usd

Dear Iris & Cie

I've been watching this thread for some time now and I've always tried to keep a neutral stance.
There were times when detractors have rudely attacked you for your positions or wordings (which I readily admits still give me the hickups sometimes ) but you have most of the times responded to with grace. No wonders you have some (very) devoted fans.
This time around, I think you have pushed the envelope too far though.
The last few weeks, when the trades went your way, you 're always quick to post several times a day to boast of your "outstanding gains", sometimes with a good dose of Magnum Opus to boot!
But when the trades went awry, you've disappeared without a word, and when you fnally came back, you smugly declared your losses were really no loss since you had them all hedged! I think that's what broke the camel's back. Nowhere in your postings have you ever mentioned hedging your trades, even the stop losses are few and far between. Granted, as some of your fans have pointed out, the traders who follow your recommendations are ultimately responsible for their risk management strategies, the lack of transparency about this aspect of your trading has given fodder to your detractors and I have to agree with them.
I still think your thread is a useful service to many members of this site but you need to come clean from now on. It won't do you or your fans any good to start getting into a war of words with your detractors. Let your action speak for itself but sans ambiguity. "Trading" is not an exact science and as such there is no shame in making mistakes (in fact I've always considered it more like a bully game, where sometime you have to get in bed with your enemy to make some dough! ).
Just my 2 loonies. Hope I haven't offended anyone with these thoughts.

Peace.
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Old 24-07-2007, 12:18   #5882
Iris
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Hello Everyone.....

I have Zero interest in Fans and Detractors along with Market Guru's and Sages as well as Accolades and Insults...

I Am Positioning a USDollar Rally across Cable<>Euro<>Swiss and the Canadian...in straight out Buy/Sell orders...No Hedging...the Plain Truth and posted.

Let's see what the Market decides.

IRIS FX
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Old 24-07-2007, 12:34   #5883
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Re: Sell Eur/Usd

Ok time to put effort and patience.....I still say next month is "Fireworks" the Dollar is going to rally twrds 1.8600 in 3 months....dont say I didnt warn you...!!!...

rgds
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Old 24-07-2007, 12:44   #5884
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Re: Sell Eur/Usd

Iris I am with you all the way my friend and dont let these imbeciles and ignos put you off track.

I will say one thing to these malevolents one thing

Money ( trading) and Medicine are very similar as an analogy:

You must have the right nedicine and at the right time and in right dose - and that goes for your stakes etc and you must have enough to stay the course.

We are with Iris and will stay the course withjout any complaints as at the ned of the Day I ( or we) pull the trigger of our own accord.

Good luck to us all

Remember it is very easy to cause disharmony and breakl up a thread whereas the motive should be to make it better. Our fight and war is with the Markeyt alien - we may lose a battle BUT must win the war

rgds
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Old 24-07-2007, 12:52   #5885
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Re: Sell Eur/Usd

Hello Iris,

I am very intrigued by the "fireworks" you are referring to. What exactly is going to happen over the next 3 months to make the usd appreciate around 10% against gbp? And if 1.86 is your target, what level would you suggest to set the stop loss at?

Many thanks
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Old 24-07-2007, 15:34   #5886
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Re: Sell Eur/Usd

Since we are talking about fundamentals, here in the UK all eyes are on inflation. At the moment a strong Pound Sterling is keeping inflation in check (due to lowered costs of imported goods). Should the pound fall then inflation goes up and if inflation goes up then so do interest rates. Now if interest rates go up then so does the Pound! If you can get your head around that then you can see that GBP is unlikely to fall anytime soon. There is simply too much upward pressure on it and it's all in the charts!

Good luck if you are thinking it's going to fall anytime soon!

Z
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Old 24-07-2007, 15:36   #5887
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Re: Sell Eur/Usd

Quote:
Originally Posted by zarif

Money ( trading) and Medicine are very similar as an analogy:

You must have the right nedicine and at the right time and in right dose - and that goes for your stakes etc and you must have enough to stay the course.

rgds
zarif

Hi zarif

Interesting analogy. So what happens if you are given the wrong medicine? Do you keep taking it?

Z
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Old 24-07-2007, 16:12
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Old 24-07-2007, 17:07   #5888
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Re: Sell Eur/Usd

Hi, hedgers!


Hare Krishna Hare Krishna
Krishna Krishna Hare Hare
Hare Rama Hare Rama
Rama Rama Hare Hare


Hare Krishna hare Krishna
Hedge Hedge Hare Hare
Hare Rama Hare Rama
Rama Hedge Hare Hedge
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