Long EUR/USD

Discussion in 'Forex Trading' started by Wee, May 20, 2008.

  1. Wee

    Wee

    Anybody long on this pair? Im still long at 1.5769, 1.5684, 1.5638 and 1.5558 level. Any chances of EUR heading back North? Any comments? Thanks in advance.
     
  2. waiting to see what the German PPI does for it
     
  3. what time frame are you trading?
     
  4. Wood474

    Wood474

    Yeah, German ZEW should let you know one way or the other!! Good luck, I'm avoiding that pair like the plague for now.
     
  5. good number for the EUR, up it may go
     
  6. Wood474

    Wood474

    My gut feeling is a better than expected ZEW and lower than expected US PPI and we should be in for a good rally, but I'm still sitting on the sidelines with this pair for now.
     
  7. Wee

    Wee


    Long term, one or two months........
     
  8. who knows, right now its just waiting for more news.

    credit crunch in the eur zone? we will find out soon
     
  9. Ahh ok, thought it had a lot of time in there. 1 or 2 minutes is my zone lol.
     
  10. Wood474

    Wood474

    Long term no probs I reckon, it's going back up high enough to make your trade good.
     
    #10     May 20, 2008