Wow---eur/usd

Quote from ddc:

Kastro and many with you,

Who cares where and how far it will go ?
Stop trying to forecast. You'll never get closer than a wild guess anyway. Nobody really knows.
Trade what you see and you would have made an odd 120 pips per 100k contract on this morning's break-out.
Hint (for what it is worth): the "smart money" in currency futures is long Euro and short Dollar at a ratio of 4:1 so there is a very good chance (all else being equal) that EUR will rise against the USD.

First you tell him to stop forecasting, then you make a forecast.
 
It was rather meant as a bit of fundamental information to keep in the back of your head, not as a forecast.
 
Mr. Ivanovic,
I haven't got the faintest clue how to link your comment with the point I was trying to make. You must have missed something or more things along the line.
Have a nice day.
 
Then let me clarify it for you, and I'll use easy words so it's not confusing...

Quote from ddc:

Stop trying to forecast. You'll never get closer than a wild guess anyway. Nobody really knows.

That view leads me to believe you think FX is all luck. And if that is the case, then my original comment regarding blackjack stands. Clear now? Or maybe I need to put it in a pop-up book?

Have your own nice day.

-Ivan
 
Quote from Rickshaw Man:

Here is your bull trade, USDCHF. Three year downtrend some base building, then a strong move above 100 and 200 day simple moving averages. Buying this currency on a retracement would be an excellent strategy. just the carry on a long position is yielding almost 4%. So with 100.1 margin holding this pair would yield 40% even if the curreny stayed flat.
dude, you can't be serious.

:D

you're gonna get this guy killed!

USD/CHF is getting ready to drop a thousand points.

LMAO

he takes out a long-term long the pit would swallow him alive!

current 1.2641
 
Quote from sKaLpZ:

dude, you can't be serious.

:D

you're gonna get this guy killed!

USD/CHF is getting ready to drop a thousand points.

LMAO

he takes out a long-term long the pit would swallow him alive!

current 1.2641

Their is no pit in spot forex DUDE! Drop a thousand points I cant wait.
 
Quote from sKaLpZ:

dude, you can't be serious.

:D

you're gonna get this guy killed!

USD/CHF is getting ready to drop a thousand points.

LMAO

he takes out a long-term long the pit would swallow him alive!

current 1.2641

Im curious what do you base your bearishness in USDCHF on.
 
Quote from Rickshaw Man:

Their is no pit in spot forex DUDE! Drop a thousand points I cant wait.
what I mean by "pit" is the bottomless pit of global money. :D
 
Quote from Rickshaw Man:

Im curious what do you base your bearishness in USDCHF on.
well, it sure the hell ain't "100 and 200 day simple moving averages."

*BUSTS UP LAUGHING*
 
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