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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30745
Forum Topic:

EUR

Discuss EUR in this thread
 
Klondike
Idaho , United States
Posted Anonymously
11 years ago
Mar 10, 2011 7:18
bought back 50 percent of the short.
Klondike
Idaho, United States
Posts: 27
11 years ago
Mar 10, 2011 7:09
Ya know? I'm inclined to lower my get out of the short to 1.3750 on account the wealthy won't completely ignore a good thing when they see it. It's easy to say when things are going your way.
Klondike
Idaho , United States
Posted Anonymously
11 years ago
Mar 10, 2011 3:33
I'm still holding a portion of my Eur/USD short. With the announcements of rate hikes the ECB has brought confusion to the business climate and I believe the wealthy will withdraw more funds from the Euro than those purchasing. Something about the German fetish concerning inflation since Weimar. The price of oil, inflation caused by oil prices is unaffected by interest rates unless those interest rates slow down the business climate and demand for oil. What foolishness. This is a bit of a reach for day trading, but if I might trouble your ears for a moment longer. What game are they playing. Interest rates should have been determined by the markets, not some fiat directive. Keynesians causing crisis after crisis, malinvestment, instead of a normal business cycle.
Nor
Canada
Posted Anonymously
11 years ago
Mar 9, 2011 23:51
boring week for fx.....
catnip
Frankfurt Europhrates River , Germany
Posted Anonymously
11 years ago
Mar 9, 2011 19:43
The U.S. Commodity Futures Trading Commission said net short dollar positions totaled $34.9 billion for the week that ended Tuesday, the highest value since June 2008. Euro net long positions hit 51,308 contracts, the most since January 2008.
The outcome of such net short net long was different and depends on the price of EUR in USD and on USDx.
2008: Euro traded in a range from 1.4380 to 1.4950 broke out to 1.6020
2009: Euro traded in a range of 1.4625 to 1.5150 broke down to 1.1900
2010: Euro traded in a range of 1.3700 to 1.4280 broke down to 1.2870

Most likely for a mid term trade
short EURUSD 1.4 to 1.41 with sl 1.43
tp 1.35, 1.34, 1.33




catnip
Frankfurt, Germany
Posted Anonymously
11 years ago
Mar 9, 2011 15:00
Ignore I am EUR bearish long term. A political currency will fail no matter what charts predict.
Ignore
United States
Posted Anonymously
11 years ago
Mar 9, 2011 14:02
Gamz..btw.don't believe any position claims here..
if crazy kangaroo..then don't trade..40xx might be whole diff story then and if..
gl
Gammahunter
Douglas, Isle of Man
Posts: 82
11 years ago
Mar 9, 2011 13:56
v nice catnip, good short. good money!!!

ignore u play usdchf? As i say to subway will look for shorts in eurusd 1.4025 or above if mkt starts moving like crazy kangaroo!!!
catnip
Frankfurt, Germany
Posted Anonymously
11 years ago
Mar 9, 2011 13:52
semantics...I mean I hold a long term pos EURCHF short not a long pos at the monent. I am short since Nov 10 @ 1367
Ignore
United States
Posted Anonymously
11 years ago
Mar 9, 2011 13:51
Gamz..no posis in E tho