Long EUR/USD

[Wee]

Anybody long on this pair? Im still long at 1.5769, 1.5684, 1.5638 and 1.5558 level. Any chances of EUR heading back North? Any comments? Thanks in advance.

 

[SkiMan721]

waiting to see what the German PPI does for it

 

[yoohoo]

Quote from Wee:

Anybody long on this pair? Im still long at 1.5769, 1.5684, 1.5638 and 1.5558 level. Any chances of EUR heading back North? Any comments? Thanks in advance.

what time frame are you trading?

 

[Wood474]

Yeah, German ZEW should let you know one way or the other!! Good luck, I'm avoiding that pair like the plague for now.

 

[SkiMan721]

good number for the EUR, up it may go

 

[Wood474]

My gut feeling is a better than expected ZEW and lower than expected US PPI and we should be in for a good rally, but I'm still sitting on the sidelines with this pair for now.

 

[Wee]

Quote from yoohoo:

what time frame are you trading?

Long term, one or two months........

 

[SkiMan721]

Quote from Wee:

Long term, one or two months........

who knows, right now its just waiting for more news.

credit crunch in the eur zone? we will find out soon

 

[yoohoo]

Quote from Wee:

Long term, one or two months........

Ahh ok, thought it had a lot of time in there. 1 or 2 minutes is my zone lol.

 

[Wood474]

Long term no probs I reckon, it's going back up high enough to make your trade good.