PARITY WATCH: EUR/USD to equal GBP/USD...buy eur/usd?sell gbp/usd or buy eur/gbp?

Discussion in 'Forex' started by increasenow, Dec 26, 2008.

  1. I'm wondering if the "Parity Watch" should be which pair - EUR/USD or GBP/USD hits parity with the USD first.
     
    #21     Jan 20, 2009
  2. I just scalped +9 pips off the GBP/USD on a short trade
     
    #22     Jan 20, 2009
  3. you are right on...it is because the USD will always be the world's stongest currency... "." period!!!...
     
    #23     Jan 20, 2009
  4. netted +15 pips trading the EUR/GBP today...on the sell/short side...
     
    #24     Jan 21, 2009
  5. I am humbly riding a 9 win 1 loss (9 wins out of 10 trades) streak for the last two days trading the EUR/GBP and GBP/USD...very humble streak...happy!!!:)
     
    #25     Jan 21, 2009
  6. oh yea, it is real/live trading with real cash $$$$...no demo trading...
     
    #26     Jan 21, 2009
  7. been using a 5 minute chart off of 100 and 200 sessions. of course getting a "Bigger" picture with the weekly and month, 3 month charts...

    really like to trade off of the divergences that these 3 crosses offer aginst one another...really trading the momentum of these pairs...using candlestick charts...
     
    #27     Jan 21, 2009