Discussion in 'Trading' started by Pa(b)st Prime, Jul 23, 2007.
Is the greenback French Toast? Will it get Pounded? Is it Marked for disaster?
I guess there's not to many folks here trading FX anymore.
Bucket shop blues........
sooner than you think.
Yes but will retrace to 1.36 area 1st.
You sir are an opinion I listen to.
think it might cross 140.. dollar continuing to drop.
Any other opinions on the direction of the Euro?
only one direction my friend- UP!!
till they organize an intervention
Thanks Pabst, likewise I yours. I find your journal a worthwhile read.
The caveat is that if we get a bit of a sell off here everyone will assume the Fed will be adding liquidity and that will be a negative for the $ as it was in Feb. when we had a mini correction.
I paired my underwater long position today and am using it as a hedge of sorts for my long gold futures.
Incidentally have you been looking at the Sox, it pretty much telegraphed the recent move up on 6/13 and may be giving us another indication here where we are going next.
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