I could be back long in a hartbeat...lol.
Just hypothesizing.
EDIT: not to mention the amount of hype this weak dollar / oil bull has been getting. Doesn't it become over done at some point?
MT4: how to change "EURUSD" to "#EURUSD"? 3 replies
Re: EurUsd short term 15 replies
did oanda just drop its spread for eurusd to 1 pip? 11 replies
EA for multiple lot limit order for EURUSD 0 replies
NFP nice bump up on EURUSD 2 replies
DislikedWhile you are long you are holding Euros, so if you want dollars you'll need to buy them back at 1/5000 the price.Ignored
DislikedThis is the point. However, with 50:1 margin, one would be able to buy 50 euros. But we promote 1% risk (1:100) and 1:50 account leverage. So my one percent will be 50 times over covering inflation - good, what about rest 99% idle balance in my account? that 99% will lose purchasing power. I gain nothing.Ignored
Dislikedlol well you have a point there. 1% risk is a fallacy, perhaps. 2% might make a difference worth considering.Ignored
DislikedFor the people that think we are only headed higher consider the following:
China holds a substantial amount of their reserve in US dollars. At the moment they (China) are buying every commodity that they can. Ultimately changing the foreign reserve cash pile for tangible assets that are offered at a discount in comparison to this time last year.
[font=Arial Narrow][size=3]With more than a trillion US dollars in the purse it would seem unlikely that they could...Ignored
DislikedIf I can buy one euro with my USD denoted account balance. Me being long, even after 5000 pips up, my account will still be able to buy only one euro. What do I gain in real terms....... pips?Ignored
DislikedFor the people that think we are only headed higher consider the following:
China holds a substantial amount of their reserve in US dollars. At the moment they (China) are buying every commodity that they can. Ultimately changing the foreign reserve cash pile for tangible assets that are offered at a discount in comparison to this time last year.
[font=Arial Narrow][size=3]With more than a trillion US dollars in the purse it would seem unlikely that they could divest...Ignored
DislikedIn this case the bank is owed more than a trillion dollars. Tell me – who do you think is in trouble?Ignored
DislikedMaybe it is your broker that limits you this way?
If I go long 2 mini lots @ Oanda and it goes up 100 pips, then I have more margin, even if I don't close the trade first, so I can buy more. And as long as it goes in my direction, I can keep buying.
ShamuIgnored
DislikedFor the people that think we are only headed higher consider the following:
China holds a substantial amount of their reserve in US dollars. At the moment they (China) are buying every commodity that they can. Ultimately changing the foreign reserve cash pile for tangible assets that are offered at a discount in comparison to this time last year.
[font=Arial Narrow][size=3][b]With more than a trillion US dollars in the purse it would seem unlikely that they...Ignored
DislikedWhat if they want to push down value of dollar to add more to purse for less cost, then drive price up.Ignored
DislikedWith more than a trillion US dollars in the purse it would seem unlikely that they could divest themselves of that many dollars without completely shooting themselves in the foot.Ignored
DislikedYoh, my grandpa' shoot himself in the foot to be sent home from the frontline in 1944. For the idiots that is WW2.Ignored
DislikedAdding to the useless posts...
Fernão de Magalhães sailed around the world in 1500.Ignored
DislikedYou solved the issue. Thanks. I never got it from Reminiscenses of a Stock Operator. This is what Levingston talked about. Now I understand what he meant by this and how important that is. Thanks again Shamu.Ignored