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  1. M

    Explain economics

    Oil is a primary input of production, and the price of the primary input rises. What do you think happen? Production slows down. But we are less dependant on oil that we were. Unless oil jumps to 200$, we'll only notice a temporary little slowdown.
  2. M

    Future of Euro

    The Euro zone was about frere-trade and economics. The political side and consolidation of power side of it as been rejected. That's a good thing and Europe will stay the way it should be.
  3. M

    My (NEXT) EUR/USD Short Trade

    And why? Cause the economy is growing faster in the US?? Ain't have nothing to do with FX. It's about prices, foreign trade, savings, government debt, return on investment and all of the above relative to how the other countries are doing. Parity of prices being the main driver for value...
  4. M

    My (NEXT) EUR/USD Short Trade

    Inflow of foreign savings........ You may add: .... HUGE!
  5. M

    My (NEXT) EUR/USD Short Trade

    Yeah there were an awful lot of long positions that closed to a loss this week. This add to the downward momentum. But once the long are closed and the stops are hitten, you know what happens.... Don't dream of the Euro going down forever! All the gains from last year have vanished, which...
  6. M

    My (NEXT) EUR/USD Short Trade

    WHOOHOO I'm all-in and it bounced 2 pips away from my dreadful stop!!! I have 1/1000000 chance of having nailled the exact bottom, but if happens i'll be a rich man!!!! Seriously think i'm screwed. The point was to do a long term trade until we see a reversal. Cautious and patient, i...
  7. M

    My (NEXT) EUR/USD Short Trade

    Market viewed the corrupted Liberals staying in power as a good thing for the CAD. What do you know?
  8. M

    EU constitution vote

    Would Canadians accept a North American constitution?? Of course no! The debate moved far beyond what Europe was built to be: a free trade zone. Now European politician want more power, always more and more power. A constitution is the supreme law. The piece of paper that we, mere mortals...
  9. M

    My (NEXT) EUR/USD Short Trade

    Well it did hit 1.2312, i have a BIG limit at 1.2310 :) Stop coming near. Last hope is to go all-in near my stop and hope to get out flat. But realisticly i'm doomed. I don't get it, the french "no" is the best thing that could happen! And it was expected! I've been trading against...
  10. M

    My (NEXT) EUR/USD Short Trade

    That's what i did and look where i am now!!! You were supposed to be short Coinz by the way!!! Shoulda keep it that way. Well here i am, 95 pips away from my stop that i though wouldn't have to worry about until 1-2 months :) And a big crunch in my account.
  11. M

    My (NEXT) EUR/USD Short Trade

    boom :(
  12. M

    My (NEXT) EUR/USD Short Trade

    http://fxtrade.oanda.com/resources/trastats/ordersummary.shtml If there's any good in that sampling, i think i'm screwed.....
  13. M

    My (NEXT) EUR/USD Short Trade

    All-in at 1.2467. Hard bottom Stop at 1.2459. :) Just want a quick buck...
  14. M

    Has Buffet Lost His Touch?

    He shorted the dollar 3 years ago. He spoke about it last year cause he never talks about his positions. The man still managed to make money during the tech bubble he missed, and he didn't lose it after! He still got it!
  15. M

    Chinook's EUR/USD (E/$)Mumblings

    Last december, everybody was bullish on EUR and bearish on USD once the rate was at 1.36! Guess what happened? When everybody is bullish things suddently stop and turn without warning. Now i feel the whole world is bearish on the EUR.
  16. M

    My (NEXT) EUR/USD Short Trade

    It more or less was in the plan. I have my stop below 1.23. Enter progressively, always with higher size than the last to lower avg price. I did enter too fast though. Gotta cut some loses...
  17. M

    My (NEXT) EUR/USD Short Trade

    Big day. I took this drop to average down once more. Now avg price @ 1.2556, long. Hedged myself vs other currencies which worked well. Cashed-in, now i have my hand on the trigger for this trade! It's going up starting right now!!!
  18. M

    Chinook's EUR/USD (E/$)Mumblings

    What? That you made a bad short once again???? :p
  19. M

    Is The Euro Decline Finished in 1.2492???

    OH! I see it! The waves....... :eek:
  20. M

    USD/JPY Due another BIG drop NOW!

    May be a week too soon, but it seems in the making. Stochastics are not good for timing.
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