EUR/USD is a farce at these levels

you cannot convince me the Euro should be anywhere in the same galaxy of 1.18/1.19 at this juncture or probably ever for that matter...they print like maniacs, have all the same issues as the US or worse...have more deadbeat countries than you can shake a stick at and adding more...free everything with no one wanting to pay taxes either...basically Germany is the only one worth mentioning...i saw this emotion filled BS run to the moon coming from a mile away but almost cannot bear to buy the junk even as a scalper...as it stands from a purely technical aspect it's probably 350 pips overbought...in my honest opinion it should in the 1.03-1.05 range at best...it never even fully retraced the last fluke up past 1.20...we're all forced to play along no matter what but overall it seems like the quality of trading has really went downhill the past 6-8 months or so... NYC just seems to get manhandled by London on everything like they're colluding or something...then after London close everything goes into super stupid mode with rock em sock em algo wars...maybe it's just the summer blues or something...but back on topic...anyone else think the Euro would be better suited on a toilet roll than anything else?

All dollars are a "farce" as you would put it. The worst of all being the US dollar. However, value is only what is perceived by the buyer at the end of the day.

In fact, despite the fact that it is one of the most convenient and popular currency pairs, nowadays it is sometimes quite difficult to use it in work, because both assets for different reasons have not the most stable position in the market. Actually I don't think it's a big problem, you just need to be a little bit more careful and pay attention to the volatility. And I think that there will be some traders who will not agree with me and will say that now is just the best time to work with Eurusd, because a lot depends on the strategy, timeframes and of course the experience of the trader, so the most important thing is to remain attentive and choose the moments in which you know exactly how to act.

At the end of the day all (*edit: free floating) fiat currency values are derived from the perception of their issuers. Reality is of no concern. Welcome to speculation.

What if the buyers already know what they're buying is garbage but the goal is getting everyone else thinking it's a value because they know something that most don't yet...i guess that is one way of finding value...more like deception instead of perception though...most forex gurus won't go out on a limb or can even offer much more than stuff found on babypips but i'm gonna come out on a limb and predict the most recent bullish run actually stems from fear of something to do with the Euro and not USD...

i guess time will tell how well this post ages but being mostly a short term trader i likely won't catch the bulk of it either way...this is a part of my game i'm working on the most though as i transition to a less hands on and less stressful style of trading...it becomes more obvious when you master price action on the short term that it can also be applied in much the same fashion to higher timeframes albeit taking weeks or even months to actually play out...this is one of those George Soros specials where you jump on a huge trend based on falsehoods and then jump off before it's discredited