The EURO

OfmY · Jan 31, 2006

Quote from OfmY:

I bought pound, nzd and aud against the dollar yeasterday...

and added today...

Closed all with average 70-100pips profit.

Ivanovich · Jan 31, 2006

Nice job, chief!

LouDogg · Feb 1, 2006

Selling at 1.2160. I think personally we are on our way down to 1.19, but we will see. I don't think that terrible State of the Union adress is going to matter much.

downrivertrader · Feb 1, 2006

It's the clapping that should be analyzed.

Quote from LouDogg:

Selling at 1.2160. I think personally we are on our way down to 1.19, but we will see. I don't think that terrible State of the Union adress is going to matter much.

Buy1Sell2 · Feb 1, 2006

hey steve--you showed the weekly EC chart in another thread-- Did you notice the bullish divergence on the chart on both indicators just before the recent up move up?

spersky · Feb 1, 2006

Yes I did that is why I am so confused. Weekly looks bullish and daily is bearish with divergences. I like my signals to be together. I guess there is nothing wrong with wait and see mode.

Well off to work.

Regards,
Steve

LouDogg · Feb 1, 2006

Euro has dropped to 1.2078. I am going to get out now and wait for the next decisive move. Got 74 points for the move so I'm happy.

Yeah, the clapping was quite annoying especially considering the amount of disatisfaction within the Republican party. What do you expect, though? They are going to keep on supporting their guy until it is political necessary not to. The Dems should pick up a few seats this year. Still won't change anything.

downrivertrader · Feb 1, 2006

Nice call on this one!!!

Quote from LouDogg:

Euro has dropped to 1.2078. I am going to get out now and wait for the next decisive move. Got 74 points for the move so I'm happy.

Yeah, the clapping was quite annoying especially considering the amount of disatisfaction within the Republican party. What do you expect, though? They are going to keep on supporting their guy until it is political necessary not to. The Dems should pick up a few seats this year. Still won't change anything.

Kastro_316 · Feb 1, 2006

Closed 2 of my EUR/USD positions with above 100pips

-Kastro

downrivertrader · Feb 1, 2006

Nice trades.

Can I ask if you guys are closing because you see a change in direction or are you standing aside. I have spot closing in a very bearish area. Below key support and I see a somewhat clear path down near 1900.

The futures contract does not look quite as convincing unfortunately and that is what I am trading.

I am sure Mr. Tritchett will mess things up though.

Quote from Kastro_316:

Closed 2 of my EUR/USD positions with above 100pips
-Kastro