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I think it's great to see Anna-Maria like this once in a while, only goes to show how compassionate she is towards the rest of us who are deaf, dumb, blind, mute, etc. being tricked by charlatans and wannabes. |
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I agree torero, although I'm pretty sure most folks have the ability to see straight through most of all that stuff. I don't think too much of it goes on in here.
We're old school I guess. A lot of our positioning emanates from the Fundamentals & cross market observation. Sure, we hit the phones & do the rounds daily, but that's simply what we've always done. There wasn't always the luxury of computers & electronic speed dial trading. You get a pretty good feel for what goes on out there after a while. These wholesale desks & big hitters know their stuff. Some heavy traffic flows through their platforms on a daily basis.
Experience has taught us that all this new fangled tech nonsense tends not to work too well on the currencies, apart from the hard & fast s&r grids. Compared to alternative markets, the easy trends are small fry & often irksome if you don't know how to negotiate them.
Which is why Anna & a few of us here prefer to work our orders via the big timeframes. We get more bang for our buck & sidestep all the crap which infests the noisey templates.
Plus it's what our customers/clients are used to. To be honest, we'd rather know a large, reputable shop or gaggle of aggressive specs are active or on the move at a certain level, than place too much reliance on airy fairy tech mumbo jumbo.
But, if that's what rocks your boat, all good & well. At the end of the day, if you can fire a couple 5 or 10 mill clips thru the barrel & stay on the right side of the line, then you're home & hosed huh?