My (NEXT) EUR/USD Short Trade

Quote from fortunatti:

Rats are jumping off a burning ship and onto a sinking ship.
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LOL - exactly!

Europe faces "difficult moment" after vote, says Trichet. source

My EUR/USD longs are facing a "difficult moment." :D

theskalper
 
That's what i did and look where i am now!!!

You were supposed to be short Coinz by the way!!! Shoulda keep it that way.

Well here i am, 95 pips away from my stop that i though wouldn't have to worry about until 1-2 months :) And a big crunch in my account.
 
Quote from Maxprofit$:

That's what i did and look where i am now!!!

You were supposed to be short Coinz by the way!!! Shoulda keep it that way.

Well here i am, 95 pips away from my stop that i though wouldn't have to worry about until 1-2 months :) And a big crunch in my account.
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Well, I am short. Nailed every pip of the 2-cent plunge.

I trade eur/usd both ways so I make money both ways. I have several live trading accounts.

Right now I am about 20-tics in drawdown in my last short trade I opened at 1.2373.

I don't think it will hit your SL, MP$. The dollar is gonna get hammered.

Remember, every tic lower the euro goes the better it is for their exchange rate and their economy - the worse it is for the USD and its economy/exchange rate.

These are just chumpy E/U moves for me. My interest in is AUD/USD. That's where I'm focused to make a truck-load of money (hopefully). It's trading very well.
 
Don't worry, taking the other side of dear Skalpzy trades is about the best system anyone could dream of! The only problem is figuring out which hypothetical position he actually has. He's always talking out of both sides of his mouth and half the time he's got his longs/shorts backwards. Once I can truly figure out which way he intended to go, I have a sure-fire winner by taking the otherside! :) Keep the faith on that...lol
 
Skalpzy makes a long and short in the market and says he's going both ways. LOL. Most normal people would call that flat. This is just too funny!!! I can't look away, it's a train wreck!!
 
"I don't think it will hit your SL, MP$."


From Scalpzy, I'm sure you feel better now, right Maxprofit? For me, I'm sad to say you are now doomed.
 
french vote no. nice. i'm ignoring my profit target of 1.2440. i'm letting this one ride. short from 1.2680. its going down more, i don't see any support up until 1.2340. but i don't think that's going to hold anyway, next major support is all the way down at 1.2000. maybe then i'll consider getting out.
 
Quote from nicholaf:

french vote no. nice. i'm ignoring my profit target of 1.2440. i'm letting this one ride. short from 1.2680. its going down more, i don't see any support up until 1.2340. but i don't think that's going to hold anyway, next major support is all the way down at 1.2000. maybe then i'll consider getting out.
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Yeah, overall it spells "dangerous territory" for both eur/usd longs and shorts.

Maybe because the current 'rat-balance' is pretty equal, the euro not having the upper hand momentarily against the languishing deficits of the USD.

Hopefully we'll get some crazy eco numbers coming in from both sides and the speculators will go a little nuts.

I'd like nothing better than a 2 to 3 cent 'stormy' market climate in which to trade up and down.
 
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