EURUSD Cultural Center

that's ok, I always find some humor even when it's going bad

actually, if things don't change by the close, I know exactly what I am going to do to get back to solid ground.

I just over estimated the strength of the EUR

so I am long eur against everything except chf

 

I like the Euro between 1.2650 and 1.2700 for a long term play, also there's exceptional dollar weakness in the month of December, couple of things you might want to consider.

 

yes, I'm very short the dollar against everything except aud which is the only pair that is making any money and usd.cad

I've got a large position in eur.usd which I will hold, but I need to dump all this other eur crap

normally, I just pick one currency and spread everything against it, that has consistently been working for me

but then I got a bright idea

 

If you can survive november and go through december you should do very well.

 

why do you say dollar should be weak in DEC? What do use to determine that?

 

Xmas rally/USD weakness is typical of December.

 

Europe is collapsing, only silly people buy euros. Germany is preparing for bankruptcy banks.

 

That's what the shorts said at the 1.20 area.

 

Yes thats right, 1.20 should weaken to 1.17 or more, but in september people come back from holidays and started buy euros.

 

bot EURUSD @ 1.2791

STOP 100 pips

TARGET 25 pips