Will Eur/usd Continue Upward?

Discussion in 'Forex' started by FXsKaLpEr, Oct 7, 2005.

will EUR/USD continue upward next week?

  1. YES

    18 vote(s)
    43.9%
  2. NO

    13 vote(s)
    31.7%
  3. I HAVE NO IDEA.

    10 vote(s)
    24.4%
  1. current 1.1998.

    just hit 1.1984.

    that's 140-points down from market open.

    :D

    (I love it when I'm right)
     
    #31     Oct 11, 2005
  2. When you go long AND short on a position, you're always right.

    So I see you're back again, are ya?
     
    #32     Oct 11, 2005
  3. no, no, just prolonged my leaving.

    I am not long euro/usd anymore, Ivansky.

    I'm a short man. a very short man. :D

    thanks for the welcome back! :D
     
    #33     Oct 11, 2005
  4. Heh...welcome back? You were gone 10 minutes.

    I'm short as well.
     
    #34     Oct 11, 2005
  5. yo, Ivansky :D

    you Polish guys have a LOT of ballz.

    shorting the big euro, eh?

    you get your heart ripped out, brother, you fk with the euro. :D

    the two smokin' pairs right now, if you want to trade :)D) is the euro against the greenback - no doubt about that - tho it's still a loose cannon, can turn on ya in a heartbeat and blow your head off, almost as bad as silver.

    the other pair is GBP/JPY - long only.
    has good volatility. pays good interest.

    well, hang in there, buddy. keep me updated on your EUR/USD shorts!

    fx

    1.1973
     
    #35     Oct 11, 2005
  6. what happened was, there was an over-extention of USD-buying based on some speculation - the market decided to do an about-face.

    now we're seeing a whoops-retracement (from 1.1954 to 1.2000 so far).

    It'll probably go to 1.2100.

    current 1.1994
     
    #36     Oct 12, 2005
  7. Well skalpz is short euro, Ivan is as well. Marketsurfer too. You know what happens when everyone gets on the same side of the boat! :)
     
    #37     Oct 12, 2005
  8. ha!

    don't get me wrong. I'm short by default. I just could not handle the interest payments on being long euro/short usd just to have the trade continue to be dead in the water while I pay buckets of cash out daily in interest.

    I don't like giving my money away. This market either pays me to trade or I don't trade. One way or another, when I enter the market it's going to share the risk.

    so when you toss your longs, you're short - there's not a third choice if you want to trade EUR/USD.

    I fully expect the price to climb on me but, I'm one of the guys who can make when the market goes against me.

    last year this time the pair was chugging up 16-cents vertical. I wish it would do that again this year - I'd destroy the market short. :D

    what's happened this year?? where's the manic trading?

    anyway, what are you, Illiquid, short or long or flat?

    s
     
    #38     Oct 12, 2005
  9. As long as you use STOPS then you can fight another day.
     
    #39     Oct 12, 2005
  10. Who the hell said I was Polish?
     
    #40     Oct 12, 2005