Few points against shorting EUR/USD

Discussion in 'Forex' started by MrProfit, Oct 21, 2005.



  1. Well, do you still stand by this statement or will you concede that the clear secondary downtrend of the monthly, weekly and now daily charts of EUR/USD stayed intact and are resuming?

    When 1.19 gets cracked to the downside this time, it will drop hard when all the stops get hit.

    1.16 to 1.13 is quite realistic IMO.
     
    #21     Nov 3, 2005
  2. MrProfit

    MrProfit


    Anything is possible. We'll see.
    I still think IF the USDX makes a move upward - it is going to be limited and temporary.
     
    #22     Nov 3, 2005
  3. Are you basing this belief on technical or fundamental view? Because you've quoted reasoning that supports more of a hybrid.
     
    #23     Nov 3, 2005
  4. Man, that was (hell, IS) some selloff today!
     
    #24     Nov 4, 2005
  5. agreed ... what a USD rally after the initial fake out dump ... did the 1.18 Barrier hold ?

    :p
     
    #25     Nov 4, 2005
  6. FredBloggs

    FredBloggs Guest


    are you short? if so, maybe you can give me back that $500 i leant you last year - remember??

    :D :D
     
    #26     Nov 4, 2005
  7. Short euro and Cable here
     
    #27     Nov 7, 2005
  8. Shorting GBP/JPY at 206.7 80 and 85

    and Kiwi at .6840 area

    aud/nzd is a Nice ride to 1.12
     
    #28     Nov 7, 2005
  9. I think the best short now is eur/aud
    Going to 1.5120
     
    #29     Nov 7, 2005
  10. USDCHF going to 1.36 IMHO
    I am Longing with dips (20 Pips)
     
    #30     Nov 7, 2005