OK, this is getting ridiculous.. how is EURUSD now over 1.42?? (4/1/11)

Quote from Raul641:

- Portugal announces last year's budget deficit was much larger than they thought.

- They are expected to request a bailout at any time.

- Ireland says they will need another €24 billion to stabilize their banks

- Their debt insurance and yields are up

- "Late Wednesday, a plan to merge four troubled savings banks in Spain collapsed..." (http://www.nytimes.com/2011/04/01/business/global/01geithner.html)

...... and yet... EURUSD is over 1.42 now.

I don't get it.

...

So what's going on here....??

The market is usually ridiculous. You should be concerned if it starts to make sense. Right now 1.48 Eur/Usd makes sense to me given the contrasting policies of the EUCB and Fed. Yikes, something must be wrong. :D
 
This should make tradingjackoff happy.

Tight barely break even stop in place.

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Quote from Lucrum:

This should make tradingjackoff happy.

Tight barely break even stop in place.

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Well hardly got it posted and already stopped out.

Also have a GBP/USD short that's still open.

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Quote from Lucrum:

I've gone and done it again, despite tradingjackoff's "model" talking to him.

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Break even trailing stop in place with TP at 1.4814

I'm going to bed.
 
You have closed your positions with profit :)
I don' t know what to do with my open positions on Zulutrade.
Three -long on Euro- positions from my Signal Providers
1.48207
1.48651
1.48513
I really don't know if I have to close them now with loss or wait for my Signal Providers.
Will Bin Laden' s death influence the market???
 
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