*AHEM* ... Downward pressures seems to continue, unrelenting. Anyone know why? Even if you don't know...any GUESSES?? FX 1.2509
What?? I keep my money where it's safe.. in my piggybank! Also known as... the ForEx market. You want me to keep it all in my trading acct?? fx 1.2508 ps: just snapped closed another 15-pts profit. re-entered (1.2508) pointing down.
Just snapped close another 15-pts profit. Re-entered 1.2492 ... pointing down. Anyone else making money on this crash? FX, The god of ForEx 1.2497
Yeah. Perhaps even a better question is, how far down will we go? This easy money (shorting EUR/USD) has been getting a bit old. I'm seriously thinking about shorting the Dollar, opening a long trade in the euro in a sub-acct. Plus, with this too far too fast level of breaking 1.2500 today... we may just have a 100-pt + retracement come out of nowhere. Would hate to lose out on that profit. On the other hand, opening a long in a sub-acct may turn into nursing a bleeding euro, paying interest to boot, as we drop further, crashing thru 1.2400 and into the 1.2300s and lower. Using successful trading methology would be the key to winning in that scenario. Are we beginning to bounce off lows a little too easily? Are we stalling more quickly? Been kinda tough to tell how stupid the market will get in this type of world tension/volatility setting. I see no reason why we cannot have a 1-cent+ retracement. But, it may happen another cent or two down. Pulling the trigger too soon may not be the best thing to do. dd 1.2507
Even though I already have 2 positions into the short trade, I really hope this market CLIMBS to about 1.30 so I can get my TEETH into this short... make a massive profit when the euro-bulls' house of cards crumbles and we're sitting back in the 1.2400s again. Anybody see this happening? That is, anybody who is TRADING EUR/USD. This puke-warm water of a few pennies bobbing up and down has been putting me to sleep. FX 1.2613