EUR/USD

It would appear you have a solid strategy, and a fine money management system in place. You also appear to be well-spoken and educated.
Yes. Clearly there is NO place for you here, sir.:D
That said, it's nice to have an intelligent thread, for a change.

David
 
Quote from iflyjetzzz:

Which EUR are you watching? The one I'm trading has pretty much been monodirectional in the short term since Monday afternoon EDT, continuing the long term trend that it's been in since December.
More...


who asked you?

--------------
Quote from Vulcan Trader:

'expect more downward pressure today.'
---------------

My point is this statement was made completely after the fact, but hey dont worry its no big deal, I was only asking.....
 
Quote from iflyjetzzz:
I'm currently levered at 9:1; too high to take into the weekend. I'll get it down to ~5:1 before close on Friday.

[/B]
More...
heres where i thought you were doing a lopsided hedge ,"levered at 9:1"....by the way,look at the monthly and there is a huge head n sh indicating .90
 
Quote from ammo:

heres where i thought you were doing a lopsided hedge ,"levered at 9:1"....by the way,look at the monthly and there is a huge head n sh indicating .90
More...

Sorry, when I refer to 9:1 leverage, it's short $9 worth of EUR to $1 in my account. The beauty of FOREX is leverage but it's a two edged sword. If your trade turns against you, you can get sliced to ribbons. Problem is, with the movements that the EUR has seen, large retracements are to be expected. That's why I monitor the EUR using Google news every few minutes - if I see a pop with no reason, I ride it out. If there's a reason behind the upward movement, like Sun nite/Mon AM's EU announcement, I bail as fast as possible if there's a movement.
 
Quote from speres:

who asked you?

--------------
Quote from Vulcan Trader:

'expect more downward pressure today.'
---------------

My point is this statement was made completely after the fact, but hey dont worry its no big deal, I was only asking.....
More...

A bit sensitive, eh? Have you got a bit of sand in the taco?

Vulcan Trader's statement was a future expectation based on data available to him at the time. He was correct.

I'm not into TA but it's pretty easy to look at the EUR chart and draw a conclusion - absent intervention - where the EUR will be in the future. At the moment, parity or better is on the table.
 
Quote from iflyjetzzz:

A bit sensitive, eh? Have you got a bit of sand in the taco?

Vulcan Trader's statement was a future expectation based on data available to him at the time. He was correct.

I'm not into TA but it's pretty easy to look at the EUR chart and draw a conclusion - absent intervention - where the EUR will be in the future. At the moment, parity or better is on the table.
More...

:D The statement was made halfway thru london session and the euro had already shown its hand. Look at the times.

Your right I'm not in a great mood today, good trading to you brother
:)
 
Quote from veritas007:

I've noticed a slight downtrend in the Euro....
More...

ORLY?

What makes you say that? Just kidding. It's somewhat amazing and almost confusing how weak it is.
 
image019.jpg
 
You must log in or register to reply here.
Back
Top