Eur/USD
- Thread starter ForexPro
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Ivan,
Good points. Don't make me bare all but here is what I do.....
DownRiver Trading short term profits go into....my two long term funds.
The (my last name) Natural Resource Fund
The (my last name) World Currency Fund
I have to have something to grow old with. Very good points you make. My posting here is usually about short term intraday/week and I will try to focus on this.
Now will you guys please sell a few yards of these damn Euros. Looks like a familiar story today with my equity Green/ Yellow/Red
DRT
Good points. Don't make me bare all but here is what I do.....
DownRiver Trading short term profits go into....my two long term funds.
The (my last name) Natural Resource Fund
The (my last name) World Currency Fund
I have to have something to grow old with. Very good points you make. My posting here is usually about short term intraday/week and I will try to focus on this.
Now will you guys please sell a few yards of these damn Euros. Looks like a familiar story today with my equity Green/ Yellow/Red
DRT
Quote from Ivanovich:
I'm not in the EUR side at the moment, but I have shorted cable. Maybe that'll help?
Too many Central Banks camped in the 1.26's from what I read. If the Euro cannot surmount them, then what cannot go down, will go up.
Just closed the GBP one - what a dive
I'll remain out, but will come in for reinforcements if you need me to, DRT!I have never traded Sterling. I do not know why? I do watch it though. Nice trade.
I am still short from 2767 but watching this 2690 area very carefully. If we could settle below here today, it makes a much better case for a move down to the 25 area next.
There was a CB bidding at 2687 level judging from the Bid/Ask on the CME. Big One. Looks like same old story down at this level.
So what the deal with cable, are CB's not as active???? Maybe I should start trading it.
DRT
I am still short from 2767 but watching this 2690 area very carefully. If we could settle below here today, it makes a much better case for a move down to the 25 area next.
There was a CB bidding at 2687 level judging from the Bid/Ask on the CME. Big One. Looks like same old story down at this level.
So what the deal with cable, are CB's not as active???? Maybe I should start trading it.
DRT
Quote from Ivanovich:
Just closed the GBP one - what a dive
DRT, The reason I trade sterling is because it is more sheltered from the Euro "fad". It's a better indication of overall USD sentiment, and the pair tends to move 200-250 pips in a day sometimes, whereas EUR gets tired after 100-150. Lastly, you tend to have less CBs changing their reserves into GBP.
So you have no reason outside of the usual ego. That's what I thought. I was trying to be serious with you and see your reasoning, but it's obvious you're not capable of anything but arrogance, Skalpz/Coinz/Exchangez/Whateverz.
And you're right, you're not an amateur hack. You're a professional one. You've been doing this BS crap for a long time now, and should offer classes selling your snake oil to whomever would be dumb enough to listen.
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