Euro Crashing

Quote from skepticaltrader:

I just took up a short position with the EUR/USD at 1.2395. It seems that after Japan's GDP came out the Euro started to sell off. I'm hoping that it'll continue this sell off so that I can make some money finally.

Let's hope that the Euro moves down below 1.20 again.

PS, I like your new name 'FXsKaLpEr' , it implies that you're a scalper in the Forex market. Maybe you're a scalper on a bigger scale. Scalping for over 100 pips at a time. What do you think?
Skepticaltrader now sitting 38 points in the GREEN! :D

good trade, ST.

current = 1.2357

fx
 
Quote from mahras2:

I have a question for you. Not accusing you or anything:

Have you made money trading FX?

You seem to be going from one thing to another. First you tried scalping then you quit. Then I saw you involved in cash and carry then you stopped. And now you are trying positional trading after getting burned on the big dollar bear trend we saw two weeks back. Judging by your comments it really doesnt seem like you know what in the world you are doing. So what do you do scalpz/coinz/fxscalper?


mahras,

I think FXsKaLpEr is a schoolkid pretending to be a trader seeing the nonsense he writes.

Looks like a nice sunday night run of the stops, and now it gets time to go back up again. Lets see if there is substance behind this downmove or not.... Time alone will tell, in the meantime trade your system

:cool:
 
Quote from FXsKaLpEr:

Skepticaltrader now sitting 38 points in the GREEN! :D

good trade, ST.

current = 1.2357

fx


Nice Short trade unfolding with the Euro. I'm up $1200 on only 2 lots. Currently trading at its 100-day moving average of 1.2335


The question now is should I cash out or hold on for more on the downside.?

German CPI is coming out later. I think that will hold on for more.
:D
 
schoolkid pretending to be a trader

Indeed I go to school. And no I do not pretend to be a trader. I suggest you figure out what the word pretend means. And then you use that definition to find some evidence in context to what is being said.

Interestingly, I have still not been given an answer to my straightforward query.
 
That butch Janet Yellen (she's the one who hyped the stampede out of the USD last year).

BUCK SEEN RISING AGAINST EURO

September 12, 2005 -- The dollar may advance for a second week against the euro because the Federal Reserve is likely to look beyond the damage caused by Hurricane Katrina and increase interest rates next week, a Bloomberg News survey shows.

Fifty-one percent of the 45 traders, strategists and investors surveyed on Sept. 9 from Sydney to New York advised buying the dollar against the euro, more than double the number a week earlier.

The survey was conducted after Fed Bank of Chicago President Michael Moskow and Janet Yellen, head of the San Francisco Fed, said last week the central bank will likely...


for full story click here ( http://www.nypost.com/business/52627.htm )

fx
 
Quote from FXsKaLpEr:

Looks like there's no more use for euro! :D

EUR/USD rate from 1.2426 down to 1.2392 since market open.

anyone short?

current = 1.2394

fx


Try finishing high shool before posting "crash" predictions.
 
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