Disliked{quote} The pair is streched like a spiral/spring. It is here, because of tremendous force (~"manipulation"). As soon as it tries to balance the anomaly, it will kick back in a flash. Question is what is the truth about fundamental and geopolitical facts. And I have a felling none of us knows the reality. So anything can happen at any time.Ignored
Actually, there is no manipulation, euro is going down for a simple reason: interest rate.
When Super Mario cut the rate the swap is doing the rest, holding the euro now is very expensive.
actually there are getting a very small swap every day. If you sold at 1.3500 now you are in a risk free position that you can hold for long time.
If you buying you loose money every day, if you are selling actually you gain something (very little) but better something that nothing
All the people that sold at higher price, they don't care about 100 o even 200 pips... If they have got 500-600 pips in the green...
Buy at the Low, Sell at the High You make money by waiting not by trading.