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

EUR

Discuss EUR in this thread
 
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chloethebull
halifax, Canada
Posts: 1183
13 years ago
May 11, 2011 14:07
i entered cad @ 9581:( but im not worried about it only down 50pips..lol..ya i was looking @ eur as riskpos and risk off in favor of usd..any ways ill wait for better direction from the experienced traderslol:( hard to stand on my own lately lol:( thanks gl:)
Sir Ignore
United States
Posts: 3068
13 years ago
May 11, 2011 14:03
Chloe..any pair trading, hedging etc requires knowing the exact correlations between the assets,
plus all the nuances of adjusting the scenario in progress, try these strategies on demo, after much investigation

keep it simple

what is $/cad entry
chloethebull
halifax, Canada
Posts: 1183
13 years ago
May 11, 2011 13:55
thanks mach. i was thinkn that, after cad data was strong,but was thinkn were usd data was weak it might booast eur$ but after looking at eur it too might b weak so u right :) just going to wait and see lol actually wait to see what the more experienced traders think of the action lol..thanks for ur thoughts gl:)
Machiavelli
Posts: 113
13 years ago
May 11, 2011 13:49
Chloe, I know you didn't ask me, but you do realize that all you're doing is skipping from long u/c to long e/c? If cad is strong, you'll not be protected. (And you doubled down.) It's not a hedge.
Sir Ignore
United States
Posts: 3068
13 years ago
May 11, 2011 13:40
I know zero abt da loon
chloethebull
halifax, Canada
Posts: 1183
13 years ago
May 11, 2011 13:37
hey dave or ignore sub lol...is it ok to hedge my long $cad with eur$long..reasoning is if risk on it favors my eur but hurts the usdcad and viceversa?thanks gl:)
Sir Ignore
United States
Posts: 3068
13 years ago
May 11, 2011 13:37
Chloe..ok..waiting is what I do best..

plus damn good escort for tourists
Sir Ignore
United States
Posts: 3068
13 years ago
May 11, 2011 13:35
g'morning gl gt good times...
thanks dj for link..
Euro remaining 1/2 stopped BE 4360.
sidelined euro now..
4 hr never signaled long and 1 hr went short this candle.
current 4344...
chloethebull
halifax, Canada
Posts: 1183
13 years ago
May 11, 2011 13:32
looks like its dollar neg might have to go long now but we wait to see if we get close to the 4315..ok any thoughts are welcome gl guys:)
chloethebull
halifax, Canada
Posts: 1183
13 years ago
May 11, 2011 13:30
ok ignore im watchn eur for entry point off 14315 level..we should bounce off it but we are going into us data so might wait to see if data pos-neg for usd and trade it accordinly..:)gl:)
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