Few points against shorting EUR/USD

Once you've done FX trading for 10 years, you won't be surprised.

 

I wasn't surprised. I was being sarcastic to the tune of the creator of this thread.

Your stock dropped for failure to catch that.

 

Kalzayani, you always make posts like this - way out predictions without any backup or reasoning whatsoever.

May I ask why you think this?

 

Inflation data due out next week CPI,PPI are going to hurt the dollar IMO.

 

IVAn
Did some CAD predictions...I don't think buy and Hold
thse are Hourly from time of post

1.1925 1.1706
1.1926 1.1707
1.1926 1.1707
1.1926 1.1707
1.1926 1.1707
1.1927 1.1707
1.1927 1.1707
1.1927 1.1708
1.1927 1.1708
1.1928 1.1708
1.1928 1.1708
1.1928 1.1709
1.1929 1.1709
1.1929 1.1709
1.1929 1.1710
1.1930 1.1710
1.1930 1.1711
1.1930 1.1710
1.1930 1.1709
1.1929 1.1708
1.1929 1.1707
1.1928 1.1706
1.1928 1.1706

and these are daily from day of post

1.2240 1.1456
1.2237 1.1453
1.2234 1.1451
1.2232 1.1448
1.2229 1.1445
1.2227 1.1443
1.2224 1.1440
1.2221 1.1437
1.2219 1.1435
1.2216 1.1432
1.2213 1.1429
1.2211 1.1427
1.2208 1.1424
1.2205 1.1421
1.2202 1.1419
1.2200 1.1416
1.2197 1.1413
1.2195 1.1411

 

GBP/AUD
Really recommended short

2.26...PT
I am shorting it here to add more shorts

 

?

 

I double!

 

Q
Berkshire Hathaway cut its wager after losing $900 million from foreign-currency investments this year. Buffett, who has said the U.S. trade deficit would weaken the dollar, reduced his foreign-currency forward contracts to $16.5 billion in September from $21.5 billion in June, Berkshire said in a Nov. 4 statement.
UQ

Is that true?

 

seems like that buffet news was in the WSJ today


http://online.wsj.com/page/2_0032.html?mod=2_0032


here is bloomberg reporting tonight on asian selling of Euro perhaps due to the continued unrest in France ...

http://quote.bloomberg.com/apps/news?pid=10000006&sid=anYP5rjUWoCw&refer=home