Will The Euro Trade 140 Against the Dollar?

Discussion in 'Trading' started by Pa(b)st Prime, Jul 23, 2007.

The Euro Is Headed To.....

Poll closed Aug 17, 2007.
  1. Way Above 140

    13 vote(s)
  2. At Least 140

    19 vote(s)
  3. Gosh, The Dollar Has Already Bottomed

    7 vote(s)
  1. Is the greenback French Toast? Will it get Pounded? Is it Marked for disaster?
  2. I guess there's not to many folks here trading FX anymore.

    Bucket shop blues........:p
  3. Manni


    sooner than you think.
  4. Mvic


    Yes but will retrace to 1.36 area 1st.
  5. You sir are an opinion I listen to. :)
  6. harry11


    think it might cross 140.. dollar continuing to drop.
  7. Any other opinions on the direction of the Euro?
  8. harry11


    only one direction my friend- UP!!
  9. Daal


    till they organize an intervention
  10. Mvic


    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.
    #10     Jul 24, 2007