1.2175

gkishot · Jul 25, 2005

Yep, it's a major fundamental factor. Besides the dollar index is at its historical lows. So the upside for dollar is much bigger than downside. As you said it may retreat 100 pips but overall my bet is with dollar at least til the year end.

liri · Jul 25, 2005

Quote from gkishot:

It has to go down based on the interest rate differences. As long as there is no major catastrophe in US. So use any rebounce in EUR as an opportunity to sell it. If of course you are a long term investor as I am.

for me does not mater the type of the investment, if you dont place the stop, forget about wining in the financial markets

sKaLpZ · Jul 25, 2005

Quote from liri:

for me does not mater the type of the investment, if you dont place the stop, forget about wining in the financial markets

trading takes some brain power, for sure.

how many pips away do you typically place your stop?

liri · Jul 26, 2005

It depends, i have a trading system and i trade accouring to it.

Fr example as of now the stop fpr EUR is 1,1950, for EUR/GBP ....70 etc

sKaLpZ · Jul 26, 2005

Quote from liri:

It depends, i have a trading system and i trade accouring to it.

Fr example as of now the stop fpr EUR is 1,1950, for EUR/GBP ....70 etc

if your stop for EUR/USD is 1.1950, then what price is your entry?

liri · Jul 26, 2005

Quote from sKaLpZ:

if your stop for EUR/USD is 1.1950, then what price is your entry?

Hi, my first entry was at 1.2090 and i got out at 1,2200 and today i have bought the Euro on dips and i got about 70 poits out of the Eur.usd for today.

sKaLpZ · Jul 26, 2005

Quote from liri:

Hi, my first entry was at 1.2090 and i got out at 1,2200 and today i have bought the Euro on dips and i got about 70 poits out of the Eur.usd for today.

let's see, 110-points on your 1st trade... 70-pts so far today.

dude, that's excellent trading!

let me ask you, you doing this on a system of any kind or just by 'gut feelings?'

liri · Jul 27, 2005

trading only with a system, also i should say that i try not to get in before the figures are released. now i'm short USDJPY @ 112,70, STOP 113, 80. also i,m long usdcad from 230.

sKaLpZ · Jul 27, 2005

Quote from liri:

trading only with a system, also i should say that i try not to get in before the figures are released. now i'm short USDJPY @ 112,70, STOP 113, 80. also i,m long usdcad from 230.

dude, that's pretty sharp!! you should teach ME how to trade!

where is your TP on USD/JPY?

liri · Jul 27, 2005

As of now i'll be looking for 111,10/20 however i should say that i'll try to come out it 950/40 area does not hold for the Eur.