EU - where is it going next?

Quote from Steve:

Waiting for another intervention (to buy eur/usd, eur/jpy etc.):)
it's just like USD

they want it to be strong to prove everything is ok

but they need it to go down

like I said

everybody takes their turn

today

it is Japan's turn

who knows who is next in line?
 
Maybe it fell enough and they may decide to push it up

I'll try long: order to buy above 1.3020

I would also place a stop at 1.2950 - just in case they don't do that

What do you think?
 
Quote from Steve:

Maybe it fell enough and they may decide to push it up

I'll try long: order to buy above 1.3020

I would also place a stop at 1.2950 - just in case they don't do that

What do you think?
i'm long from 3040

and if it ever gets back there I'm getting the heck out

I never want to see another eurodollar as long as I live

or US dollar for that matter (which shouldn't be much of a problem)
 
I've been on so many different sides of that eur.usd in the last 36 hours, I don't even know if I want it to go up or down

no shit, I don't even know if I am long or short

but everything has been right around that 3000

sometimes 2990. somethimes 3020

mothers, don't let your kids grow up to trade euro

I'm trading it like crazy, like it is the last thing left on earth

and it isn't going anywhere
 
Quote from oldtime:

I've been on so many different sides of that eur.usd in the last 36 hours, I don't even know if I want it to go up or down

no shit, I don't even know if I am long or short

but everything has been right around that 3000

sometimes 2990. somethimes 3020

mothers, don't let your kids grow up to trade euro

I'm trading it like crazy, like it is the last thing left on earth

and it isn't going anywhere

You are right Oldtime - it's been highly unstable lately.

Enough reason for me to ignore it for as long as it takes to come back to normal - I'll trade something more reasonable in the meantime:)
 
Quote from Steve:

You are right Oldtime - it's been highly unstable lately.

Enough reason for me to ignore it for as long as it takes to come back to normal - I'll trade something more reasonable in the meantime:)
well Steve, I finally got long last week at 2959. It was a rough gap Sunday night. The computer thinks I am making money, but it doesn't know how much I lost getting whipsawed trying to get just that one pair on the right side.

It's really come back kind of strong this afternoon after the cypress reaction is starting to wear off.

the Draghi put? He said he would do anything, but I don't think many figured that even meant getting into your bank account and paying off bad bets. If this cypress confiscation gets voted down, that would probably be bearish for the euro, or at least neutral.

otherwise at this particular moment 3100 looks more likely than 2400 (to me)
 
Quote from oldtime:

well Steve, I finally got long last week at 2959.

at this particular moment 3100 looks more likely than 2400 (to me)

Nice one Oldtime - you were right
 
Quote from Steve:

Nice one Oldtime - you were right
yeah well, I've switched sides

I'm trading eur.cad

short

that euro is a lot weaker than some think

and it aint just all the strength of the dollar
 
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