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Steve
 

Registered: Aug 2009
Posts: 59

 

03-17-13 01:55 PM


Quote from oldtime:

I've been on so many different sides of that eur.usd in the last 36 hours, I don't even know if I want it to go up or down

no shit, I don't even know if I am long or short

but everything has been right around that 3000

sometimes 2990. somethimes 3020

mothers, don't let your kids grow up to trade euro

I'm trading it like crazy, like it is the last thing left on earth

and it isn't going anywhere



You are right Oldtime - it's been highly unstable lately.

Enough reason for me to ignore it for as long as it takes to come back to normal - I'll trade something more reasonable in the meantime

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oldtime
 

Registered: Jun 2011
Posts: 7320

 

03-18-13 05:45 PM


Quote from Steve:

You are right Oldtime - it's been highly unstable lately.

Enough reason for me to ignore it for as long as it takes to come back to normal - I'll trade something more reasonable in the meantime

well Steve, I finally got long last week at 2959. It was a rough gap Sunday night. The computer thinks I am making money, but it doesn't know how much I lost getting whipsawed trying to get just that one pair on the right side.

It's really come back kind of strong this afternoon after the cypress reaction is starting to wear off.

the Draghi put? He said he would do anything, but I don't think many figured that even meant getting into your bank account and paying off bad bets. If this cypress confiscation gets voted down, that would probably be bearish for the euro, or at least neutral.

otherwise at this particular moment 3100 looks more likely than 2400 (to me)

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Steve
 

Registered: Aug 2009
Posts: 59

 

05-18-13 10:55 AM


Quote from oldtime:

well Steve, I finally got long last week at 2959.

at this particular moment 3100 looks more likely than 2400 (to me)



Nice one Oldtime - you were right

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oldtime
 

Registered: Jun 2011
Posts: 7320

 

05-18-13 02:21 PM


Quote from Steve:

Nice one Oldtime - you were right

yeah well, I've switched sides

I'm trading eur.cad

short

that euro is a lot weaker than some think

and it aint just all the strength of the dollar

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contra
 

Registered: Nov 2010
Posts: 500

 

05-19-13 07:51 PM

I don't know... commodity currencies look the worst/weakest vs dollar as seen in NZD, CAD and AUD major rates. Look at EUR/AUD for example which is at an interesting level, AUD is much weaker. Also EUR/GBP.

EUR/CAD looks reacting to USD/CAD which is one to watch on its own.

same with EUR/CHF to USD/CHF... EUR/CHF didn't get the memo that it's a dollar move.

I am in yen... the Eur is weak but it actually doesn't seem too weak, wouldn't be my choice for a long dollar position.

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