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  • 3 Reasons To Sell EUR/USD Targeting 1.2750 - Citi

    From efxnews.com

    EUR/USD could extend its latest drop in the very near term on the back of the following 3 reasons, says Citibank. 1- Euro banking sector risks seem to be on the rise yet again. The ratio between Eurozone and US bank stock indices has slumped close to its record low from July 2012. The last time the European bank stocks traded that low EUR/USD was close to 1.2000. These developments could be addressed at the upcoming EU summit on June 27-28. That said, the risk of disappointment remains and this could weigh on European bank stocks and the euro. 2- Government funding costs are moving back to their highest level since ... (full story)

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  • Comment #1
  • Quote
  • Jun 25, 2013 12:13pm Jun 25, 2013 12:13pm
  •  Bayai5th
  • | Joined Jun 2013 | Status: Member | 2 Comments
Reason #4 - Print more euro's.. lolzzz
Guerrilla Tactic's...
 
 
  • Comment #2
  • Quote
  • Jun 25, 2013 12:17pm Jun 25, 2013 12:17pm
  •  acetrader
  • Joined Feb 2006 | Status: Member | 91 Comments
Trade what you see. When you see a bank of broker start advising on which
direction to trade cover your ass, because your besat interest is not what concerns them.
 
 
  • Comment #3
  • Quote
  • Jun 25, 2013 12:35pm Jun 25, 2013 12:35pm
  •  safdarhashmi
  • | Joined Mar 2011 | Status: Member | 590 Comments
im waiting for 1.2850
 
 
  • Comment #4
  • Quote
  • Jun 25, 2013 12:37pm Jun 25, 2013 12:37pm
  •  cppolybd
  • | Joined May 2012 | Status: Member | 800 Comments
This week market is Zzzzz Zzz
WAKE UUUUUP ..... boring market.
 
 
  • Comment #5
  • Quote
  • Jun 25, 2013 12:37pm Jun 25, 2013 12:37pm
  •  wlarimer
  • | Joined Jun 2010 | Status: Member | 910 Comments
Reason #1 to ignore this and take the Eur/Usd long:

When speculators go short, the market makers by definition, are taking the other side and are long.

The market makers have enough juice to move these pairs where ever they need to be so that said market makers turn a profit.

If You trade with the herd, You get slaughtered. Learn to trade against the herd.

Did everyone reading this notice that GS's trading arm made a profit every day but one in the last quarter? Do they trade with the herd or do they make the market?

That is a fundamental that You can profit from.
 
 
  • Comment #6
  • Quote
  • Jun 25, 2013 12:53pm Jun 25, 2013 12:53pm
  •  deni b
  • | Joined Jun 2013 | Status: Member | 13 Comments
Quoting wlarimer
Disliked
Reason #1 to ignore this and take the Eur/Usd long:

When speculators go short, the market makers by definition, are taking the other side and are long.

The market makers have enough juice to move these pairs where ever they need to be so that said market makers turn a profit.

If You trade with the herd, You get slaughtered. Learn to trade against the herd.

Did everyone reading this notice that GS's trading arm made a profit every day but one in the last quarter? Do they trade with the herd or do they make the market?

That is...
Ignored

Agree! All what they do is trigger your stop loss and when you ready to sell they will buy again!!!
 
 
  • Comment #7
  • Quote
  • Jun 25, 2013 1:43pm Jun 25, 2013 1:43pm
  •  Guest
  • | IP XX.XXX.165.162
CITI stick on a big sell position!!!$8 Billion in loses!!!

Good luck CITI!!!
 
 
  • Comment #8
  • Quote
  • Jun 25, 2013 1:54pm Jun 25, 2013 1:54pm
  •  maria1
  • | Joined Jun 2013 | Status: Junior Member | 2 Comments
the senior trader, I want to ask,, is there any in the history of trading, anyone can get started with the results of the initial capital $ 100, is it possible?
 
 
  • Comment #9
  • Quote
  • Jun 25, 2013 2:30pm Jun 25, 2013 2:30pm
  •  Bayai5th
  • | Joined Jun 2013 | Status: Member | 2 Comments
Let start with 0.01 cent per pip, maria1.. + very, very tight discipline!
Guerrilla Tactic's...
 
 
  • Comment #10
  • Quote
  • Jun 25, 2013 3:24pm Jun 25, 2013 3:24pm
  •  Forex Kong
  • | Commercial Member | Joined Feb 2013 | 301 Comments
I can answer that one maria1 - of course not. It's not at all possible.

Even if you timed your entry "exactly" and only traded the absolute smallest contract available, you would still be margined if the trade only went against you as little as -20 pips.

it's not possible to make a living trading forex without a much , much , much larger account balance.

I've been a professional trader for years now, and have never seen / known anyone to survive more than a couple of months with anything less than 10k - let alone make an actual living.
I'm short humanity, and long interplanetary travel. Forexkong.kom
 
 
  • Comment #11
  • Quote
  • Jun 25, 2013 5:43pm Jun 25, 2013 5:43pm
  •  Ill-b-back
  • Joined May 2011 | Status: Get to the Chopper | 3897 Comments
Quoting Forex Kong
Disliked
I can answer that one maria1 - of course not. It's not at all possible.

Even if you timed your entry "exactly" and only traded the absolute smallest contract available, you would still be margined if the trade only went against you as little as -20 pips.

it's not possible to make a living trading forex without a much , much , much larger account balance.

I've been a professional trader for years now, and have never seen / known anyone to survive more than a couple of months with anything less than 10k - let alone make an actual living....
Ignored
-20 pips at 10cents/pip is $2 plus spread.
How does this margin out a $100 account?
Come with me if you want to live....
 
 
  • Comment #12
  • Quote
  • Jun 25, 2013 6:17pm Jun 25, 2013 6:17pm
  •  Btooom
  • | Commercial Member | Joined May 2013 | 19 Comments
this is the same as the reason to buy euro 5 reasons then euro goes down they want you to stay but still believe in your own decision. reasons they just want you to hold
 
 
  • Comment #13
  • Quote
  • Jun 25, 2013 7:31pm Jun 25, 2013 7:31pm
  •  GDR3k
  • Joined Mar 2011 | Status: Bullish Behavior | 225 Comments
When a bank or a monkey outfit broker posts analysis telling every man and his dog to go short followed by reasons or some pretty charts, you can bet one of your bollocks it'll fire off the other way over the coming days, to that end I'm gonna enter long @ 1.3025 with a stop down at 1.2925.

Hear hear!!
 
 
  • Comment #14
  • Quote
  • Jun 25, 2013 8:39pm Jun 25, 2013 8:39pm
  •  Forex Kong
  • | Commercial Member | Joined Feb 2013 | 301 Comments
You are required to retain "x" amount of capital in your account depending on your individual brokers set up.

With only $100 in the account, under even the loosest of rules....you'll place your first trade...see it go -20 pips and see your account liquidated immediately....as you've now fallen "under" the minimum required reserves.

They don't tell you that - that's how they keep the bills paid.
I'm short humanity, and long interplanetary travel. Forexkong.kom
 
 
  • Comment #15
  • Quote
  • Jun 25, 2013 8:46pm Jun 25, 2013 8:46pm
  •  deni b
  • | Joined Jun 2013 | Status: Member | 13 Comments
Quoting maria1
Disliked
the senior trader, I want to ask,, is there any in the history of trading, anyone can get started with the results of the initial capital $ 100, is it possible?
Ignored
I am not a senior member here but I did started with $100 about 4 years ago! I still in play! If you have a lot of time and patience ahead you will be fine! Think is your 100 as your 100000. Pay as much att to your trade start as like you have a lot to loose! Reason why I am not senior I was kicked out of thread many times since 2007! Good luck!
 
 
  • Comment #16
  • Quote
  • Jun 25, 2013 8:56pm Jun 25, 2013 8:56pm
  •  Ill-b-back
  • Joined May 2011 | Status: Get to the Chopper | 3897 Comments
Quoting Forex Kong
Disliked
You are required to retain "x" amount of capital in your account depending on your individual brokers set up.

With only $100 in the account, under even the loosest of rules....you'll place your first trade...see it go -20 pips and see your account liquidated immediately....as you've now fallen "under" the minimum required reserves.

They don't tell you that - that's how they keep the bills paid.
Ignored
Interesting, was not aware of that.
My minimum starting amount was $1000 so not had experience with this.
But I'm pretty sure a US trader in here Albcher started with $100 last year and is at $400 or so now.
Come with me if you want to live....
 
 
  • Comment #17
  • Quote
  • Jun 25, 2013 9:33pm Jun 25, 2013 9:33pm
  •  piptastic
  • | Joined Jun 2010 | Status: FXTRDR | 305 Comments
"All up, Citi added a short EUR/USD position to its G10 macro portfolio targeting a move t0 1.2750, with a stop at 1.3315 and a 2% VaR risk weight."
What the hell is a G10 Macro portfolio? how big is that?
Anything can happen in FOREX. There's no 100% sure
 
 
  • Comment #18
  • Quote
  • Jun 25, 2013 10:02pm Jun 25, 2013 10:02pm
  •  Guest
  • | IP XXX.XXX.201.247
maria 1 / All
small investment = big troubles
you do not have chance to secure your account if a trade goes against you as you invested a little amount.

But
if you have deep study and a master to guide you on every trade direction then it has the chance to survive in the market.

other wise you will be loss your time and money
 
 
  • Comment #19
  • Quote
  • Jun 26, 2013 12:34am Jun 26, 2013 12:34am
  •  xetrader
  • | Membership Revoked | Joined Apr 2013 | 30 Comments
Quoting Guest
Disliked
CITI stick on a big sell position!!!$8 Billion in loses!!!

Good luck CITI!!!
Ignored

How do you know that? how sure?
 
 
  • Comment #20
  • Quote
  • Jun 26, 2013 2:53am Jun 26, 2013 2:53am
  •  arenoosh
  • | Commercial Member | Joined Jun 2012 | 115 Comments
Quoting acetrader
Disliked
Trade what you see. When you see a bank of broker start advising on which
direction to trade cover your ass, because your besat interest is not what concerns them.
Ignored
well said
Buy when everyone else is selling and sell when everyone else is buying !
 
 
  • Comment #21
  • Quote
  • Jun 26, 2013 5:11am Jun 26, 2013 5:11am
  •  bayu13
  • | Joined Nov 2012 | Status: Member | 8 Comments
Quoting safdarhashmi
Disliked
im waiting for 1.2850
Ignored
i agree
 
 
  • Comment #22
  • Quote
  • Jun 26, 2013 5:13am Jun 26, 2013 5:13am
  •  bayu13
  • | Joined Nov 2012 | Status: Member | 8 Comments
Quoting maria1
Disliked
the senior trader, I want to ask,, is there any in the history of trading, anyone can get started with the results of the initial capital $ 100, is it possible?
Ignored
possible!
 
 
  • Comment #23
  • Quote
  • Jun 26, 2013 5:42am Jun 26, 2013 5:42am
  •  love.l0ve
  • | Joined May 2012 | Status: Member | 96 Comments
The crowd had cover their mouth
 
 
  • Comment #24
  • Quote
  • Jun 26, 2013 12:32pm Jun 26, 2013 12:32pm
  •  deanoracer
  • | Joined Nov 2010 | Status: Pip Collector | 55 Comments
" 3 REASONS TO SHORT EURUSD INTO 1.2750"... (posted by CITI)

reason #1: CITI stuck in short position at 1.2750, facing massive loss in the billions
reason #2: See reason # 1
reason #3: See reason # 1

Careful traders, headline appears self-serving to CITI...
 
 
  • Comment #25
  • Quote
  • Jun 26, 2013 12:35pm Jun 26, 2013 12:35pm
  •  mrbandwidth
  • | Joined Feb 2010 | Status: Member | 185 Comments
So back to 1.33...
Use me as a contrarian indicator
 
 
  • Comment #26
  • Quote
  • Jun 26, 2013 1:03pm Jun 26, 2013 1:03pm
  •  bayu13
  • | Joined Nov 2012 | Status: Member | 8 Comments
Quoting love.l0ve
Disliked
The crowd had cover their mouth
Ignored
just wait n see this friday!
 
 
  • Comment #27
  • Quote
  • Jun 26, 2013 1:06pm Jun 26, 2013 1:06pm
  •  Guest
  • | IP XXX.XXX.13.32
mean revision says EU about to go up.

im not saying this big bank is a liar or that they are trying to mislead us, but you can infer that.
 
 
  • New Comment
  •  Guest
  • | IP XX.XXX.173.144
Join FF
  • Story Stats
  • Posted: Jun 25, 2013 11:56am
  • Submitted by:
     eFx Newz
    Category: Fundamental Analysis
    Comments: 27  /  Views: 7,001
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