Barron's : EUR/USD - Parity within 1 year

germany and few others will bail, just a question of when.

and will be renamed the " euro peso."

...................................................

it can go where ever it wants to go and price means nothing.

it is already puking out.

when the fire alarm sounds there is no support.

...................................................

when it started to trade, it was under par.

when it hit par , " they said ..." it won't go over....1.60 later.

i have never figured out , who the hell are " they "

so , " they " must still be short......:)

if it pukes under par, they can now close the trade.

cheers,

s
 
shop, I'm with you. It's unpredictable, but this makes it a great short-term trading vehicle.
Why stress over the long term direction ?
 
Quote from shopster:

sys wiz........

all i want to know, where the hard right edge 5 minutes into the future is.........:)

the rest is fluff.

s
More...
I'm with you on that....and so are all of the large investment banks....they are all into algorithmic trading in the Forex markets especially.
At one bank: 1/2 million tickets per month !!!
 
These Euro/U.S. Dollar parity predictions have happened during every major Euro selloff since 2005. Many were convinced of it during the 2008 financial crisis, even after the EURUSD clearly bounced around 1.18.
 
Quote from syswizard:

I'm with you on that....and so are all of the large investment banks....they are all into algorithmic trading in the Forex markets especially.
At one bank: 1/2 million tickets per month !!!
More...


oh really?
my fx strategies generate sharpe ratio of 3.5 but there is no demand for it....
would be great to do size of $20M per click.
however, guys from FX Concepts have 55+ years of combined experience, which enabled them to produce -14% YTD and
-18% in 2009. i should take a lessons :D
 
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