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Thread: EUR.USD

  1. #881
    Member Pumice's Avatar
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    Quote Originally Posted by peat View Post
    I did , but wisely took a lot off at 1.2650
    starting to slowly build up shorts again now , I may experience pain for a while but am reasonably confident it will fall hard when it does if I look at the daily chart I see a downtrend
    but hey I could be wrong and I will reduce over 1.29
    Braver than I am, I want to go short, but I think I will sit on the sidelines and wait for a better signal.
    Good luck!

  2. #882
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    I've just gone short GBP.USD . Will wait on signals to do the same with EUR/USD, or use as a hedge if the trade should go against me.

  3. #883
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    Our Dedicated Chatroom is now Open

    Go to: www.koolpips.com

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    No Registration needed or passwords etc


    Please use OPERA , Google CHROME , Mozilla Firefox as Internet explorer seems to be playing up ( old scripts)

    rgds Zarif

  4. #884
    Member Pumice's Avatar
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    damn, the markets are ultra volatile tonight!!

  5. #885
    Legend peat's Avatar
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    SPIEGEL: As an investor, would you still bet on the euro?
    Soros: I certainly would not short the euro because China has an interest in having an alternative to the dollar. You can count on China to back the efforts of the European authorities to maintain the euro.
    SPIEGEL: Is that the reason why the euro is still so strong compared to the dollar?
    Soros: Yes. There is a mysterious buyer that keeps propping up the euro.
    SPIEGEL: And it is not you.
    Soros: It is not me (laughs).
    For clarity, nothing I say is advice....

  6. #886
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    Am short Eur @ 1.4120. Looking at 1.4000

  7. #887
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    Quote Originally Posted by dragonz View Post
    Am short Eur @ 1.4120. Looking at 1.4000
    closed position for a + 49pips. Will reenter a short should this fall below 1.4036 thus confirming its downtrend direction.

  8. #888
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    Quote Originally Posted by dragonz View Post
    closed position for a + 49pips. Will reenter a short should this fall below 1.4036 thus confirming its downtrend direction.
    closed position for a + 24pips. Will reenter a short should this fall below 1.3924 thus re-confirming its downtrend direction

  9. #889
    Legend peat's Avatar
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    Not too often one hops a 250 pip ride moments before the bus takes off.

    Attachment 4636

    The situation did become very oversold though, which accounts for such a snap back.
    Last edited by peat; 11-07-2013 at 10:39 AM. Reason: add comment
    For clarity, nothing I say is advice....

  10. #890
    Advanced Member Valuegrowth's Avatar
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    After USD I believe EURO will have their day in the long run.

    I am bullish on EURO in the long run and it will shine like AUD and NZD. Next 18 months is very crucial for EURO, AUD, NZD and emerging market currencies.

    EURO and emerging market currencies will appreciate against NZD, AUD in the medium run.

    My ideas are not a recommendation to either buy or sell any security or currency. Please do your own research prior to making any investment decisions.

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