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548 Posts Total by "xaron":
528 Posts by member
Xaron
(Munich, Germany)
20 Posts by Anonymous "xaron":
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Xaron
Munich, Germany
Posts: 528
14 years ago
Apr 12, 2010 14:46
In Thread: EUR
Yes I agree. They have some nasty spread widening during news but this doesn't affect me as I trade low leverage long term.
Xaron
Munich, Germany
Posts: 528
14 years ago
Apr 12, 2010 14:37
In Thread: EUR
Well, please don't laugh. It's Oanda:http://fxtrade.com

You can even trade at the weekend there even though there is no movement of course. It's a very simple platform (Java) with very competitive spreads.
Xaron
Munich, Germany
Posts: 528
14 years ago
Apr 12, 2010 14:14
In Thread: EUR
rrose because I have no gaps. My platform started at the friday close and went up without any gaps. If you have gaps then probably because many brokers start later than the market open.
Xaron
Munich, Germany
Posts: 528
14 years ago
Apr 12, 2010 14:04
In Thread: EUR
Well, I'm just amazed that some still believe in gaps in the forex market?! There are no gaps. At least not at my platform. :D
Xaron
Munich, Germany
Posts: 528
14 years ago
Apr 12, 2010 13:45
In Thread: EUR
I don't agree, catnip. There's too much interest in the Euro worldwide, already too much involvement of other central banks regarding diversification. There is no interest in letting the Euro fall forever.

The Dollar itself is just so overvalued because of its reserve currency status. It will weaken again like it did the past 90 years.

The Pound? Well I wouldn't touch it for years... ;) Same is true for the Yen.

I agree that the "construct" of the Euro is a bit clumsy but I've heard so many people talking about the end of the Euro all the years... Of course it's still a very young currency but the ECB is one of the best central banks out there.
Xaron
Munich, Germany
Posts: 528
14 years ago
Apr 12, 2010 12:54
In Thread: EUR
EUR is doomed as well as GBP and USD... The only question is which currency will take a deep dive first.
Xaron
Munich, Germany
Posts: 528
14 years ago
Apr 12, 2010 9:23
In Thread: EUR
Ginger, I tend to agree, BUT the US and UK aren't in any better shape actually. And as we trade currency pairs one must look at the other side as well... So the better option could be metals.
Xaron
Munich, Germany
Posts: 528
14 years ago
Apr 12, 2010 8:08
In Thread: EUR
You all are right, fundamentals haven't changed but don't forget that we don't need new buyers here but only some of the shorts to be closed! And that's what happened I guess. Large stops were taken out. And even the fundamentals haven't changed for the EU the fundamentals for the US (concerning the debts) don't look better. So there are always two sides. ;)
Xaron
Munich, Germany
Posts: 528
14 years ago
Apr 11, 2010 20:10
In Thread: EUR
At least it's enough to calm down the markets and to let some big guys close their shorts and take their profits. ;) 30bn is just enough till 2011/12...
Xaron
Munich, Germany
Posts: 528
14 years ago
Apr 11, 2010 19:42
In Thread: EUR
Now already at 1.3535...
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