Few points against shorting EUR/USD

Deptrai · Nov 7, 2005

Quote from Ivanovich:

Man, that was (hell, IS) some selloff today!

Once you've done FX trading for 10 years, you won't be surprised.

Ivanovich · Nov 7, 2005

I wasn't surprised. I was being sarcastic to the tune of the creator of this thread.

Your stock dropped for failure to catch that.

Ivanovich · Nov 7, 2005

Quote from kalzayani:

I think the best short now is eur/aud
Going to 1.5120

Kalzayani, you always make posts like this - way out predictions without any backup or reasoning whatsoever.

May I ask why you think this?

Rickshaw Man · Nov 7, 2005

Inflation data due out next week CPI,PPI are going to hurt the dollar IMO.

kalzayani · Nov 7, 2005

IVAn
Did some CAD predictions...I don't think buy and Hold
thse are Hourly from time of post

1.1925 1.1706
1.1926 1.1707
1.1926 1.1707
1.1926 1.1707
1.1926 1.1707
1.1927 1.1707
1.1927 1.1707
1.1927 1.1708
1.1927 1.1708
1.1928 1.1708
1.1928 1.1708
1.1928 1.1709
1.1929 1.1709
1.1929 1.1709
1.1929 1.1710
1.1930 1.1710
1.1930 1.1711
1.1930 1.1710
1.1930 1.1709
1.1929 1.1708
1.1929 1.1707
1.1928 1.1706
1.1928 1.1706

and these are daily from day of post

1.2240 1.1456
1.2237 1.1453
1.2234 1.1451
1.2232 1.1448
1.2229 1.1445
1.2227 1.1443
1.2224 1.1440
1.2221 1.1437
1.2219 1.1435
1.2216 1.1432
1.2213 1.1429
1.2211 1.1427
1.2208 1.1424
1.2205 1.1421
1.2202 1.1419
1.2200 1.1416
1.2197 1.1413
1.2195 1.1411

kalzayani · Nov 7, 2005

GBP/AUD
Really recommended short

2.26...PT
I am shorting it here to add more shorts

Ivanovich · Nov 7, 2005

Quote from kalzayani:

IVAn
Did some CAD predictions...I don't think buy and Hold
thse are Hourly from time of post

1.1925 1.1706
1.1926 1.1707
1.1926 1.1707
1.1926 1.1707
1.1926 1.1707 ....etc ad naseum...

?

OddTrader · Nov 7, 2005

Quote from kalzayani:

IVAn
Did some CAD predictions...I don't think buy and Hold
thse are Hourly from time of post

1.1925 1.1706
1.1926 1.1707
1.1926 1.1707
1.1926 1.1707
1.1926 1.1707
1.1927 1.1707
1.1927 1.1707
1.1927 1.1708
1.1927 1.1708
1.1928 1.1708
1.1928 1.1708
1.1928 1.1709
1.1929 1.1709
1.1929 1.1709
1.1929 1.1710
1.1930 1.1710
1.1930 1.1711
1.1930 1.1710
1.1930 1.1709
1.1929 1.1708
1.1929 1.1707
1.1928 1.1706
1.1928 1.1706

and these are daily from day of post

1.2240 1.1456
1.2237 1.1453
1.2234 1.1451
1.2232 1.1448
1.2229 1.1445
1.2227 1.1443
1.2224 1.1440
1.2221 1.1437
1.2219 1.1435
1.2216 1.1432
1.2213 1.1429
1.2211 1.1427
1.2208 1.1424
1.2205 1.1421
1.2202 1.1419
1.2200 1.1416
1.2197 1.1413
1.2195 1.1411

I double!

OddTrader · Nov 7, 2005

Q
Berkshire Hathaway cut its wager after losing $900 million from foreign-currency investments this year. Buffett, who has said the U.S. trade deficit would weaken the dollar, reduced his foreign-currency forward contracts to $16.5 billion in September from $21.5 billion in June, Berkshire said in a Nov. 4 statement.
UQ

Is that true?

SethArb · Nov 7, 2005

seems like that buffet news was in the WSJ today

http://online.wsj.com/page/2_0032.html?mod=2_0032

here is bloomberg reporting tonight on asian selling of Euro perhaps due to the continued unrest in France ...

http://quote.bloomberg.com/apps/news?pid=10000006&sid=anYP5rjUWoCw&refer=home