euro/usd why | Forex Factory

Options

Permalinks
Print Thread

Similar Threads

Why is Euro/Usd NOT in a bull market? 0 replies

How to find out why the euro is strong or why the dollar is weak? 8 replies

Why do we trade?... no really, why? 51 replies

Why is Sentix Investor Confidence influentional on EURUSD! Why ??? 0 replies

Why oh Why .... 19 replies

euro/usd why

  • #1
  • First Post: Nov 9, 2006 11:29am Nov 9, 2006 11:29am
why is the euro moving up past 1.2800 and why with the elections over and the so called good newsabout the democrats controling the senate hasnt the dollar gained strenth
  • #2
  • Nov 9, 2006 11:41am Nov 9, 2006 11:41am
Because there was significant support around 1.2750 causing the bounce and then China announced that they were going to diversify their reserves which means that they are selling the dollar...

Check this thread out:

http://www.forexfactory.com/forexfor...ad.php?t=10035
  • #3
  • Nov 9, 2006 11:41am Nov 9, 2006 11:41am
See News : Dollar Declines After Reuters Says China May Diversify Reserves
  • #4
  • Nov 9, 2006 9:10pm Nov 9, 2006 9:10pm
Quoting unnamedfire
See News : Dollar Declines After Reuters Says China May Diversify Reserves
EUR/USD is at 1.2858 right now .. sad sad day on the market for me, i should have closed my short long ago. i hope not every new trader shares my pain.. it sucks.
  • #5
  • Nov 9, 2006 9:14pm Nov 9, 2006 9:14pm
I shared it a lot. You are not alone, be happy..
Actually alot of victimes fell for this sharp move against USD. except Money Management that saved traders.

And who was expecting a 1.2860 too soon on EURUSD?
Forex is not easy!
  • #6
  • Nov 9, 2006 9:20pm Nov 9, 2006 9:20pm
Quoting AhmedFouad
I shared it a lot. You are not alone, be happy..
Actually alot of victimes fell for this sharp move against USD. except Money Management that saved traders.

And who was expecting a 1.2860 too soon on EURUSD?
this was my fall.. money management.. im in such a pit .. well i have learned my lesson ..use stops ..dont risk too much or you will loose evrey time.

the pain
  • #7
  • Nov 10, 2006 7:21am Nov 10, 2006 7:21am
short 12900, 12870 10 micro lots.....where do you sit Tatton??
CRAIGSLIST BARTERING CHAMPION
  • #8
  • Nov 10, 2006 7:28am Nov 10, 2006 7:28am
Quoting Tatton
this was my fall.. money management.. im in such a pit .. well i have learned my lesson ..use stops ..dont risk too much or you will loose evrey time.

the pain
Sorry to hear about the pit. Don't worry though, there's a rumour Alan Greenspahn is going to show up at the talks today with that angry look on his face!
  • #9
  • Nov 10, 2006 7:31am Nov 10, 2006 7:31am
Quoting hondakorn
short 12900, 12870 10 micro lots.....where do you sit Tatton??
Hondakorn, good to hear you short at 12900. I shorted 12810 last nite, such a stupid action. Should question the market when it rallied back after a big drop. Just thought that I can short high..... not thinking it is possible to go even higher. A new lesson to learn
  • #10
  • Nov 10, 2006 7:50am Nov 10, 2006 7:50am
Quoting turin0107
Hondakorn, good to hear you short at 12900. I shorted 12810 last nite, such a stupid action. Should question the market when it rallied back after a big drop. Just thought that I can short high..... not thinking it is possible to go even higher. A new lesson to learn
I shorted too because of a technical signal (trendline break and other indicator) but with small SL because the resistance point was near by. I forgot to do a stop and reverse. Darn!
  • #11
  • Last Post: Nov 10, 2006 11:22am Nov 10, 2006 11:22am
believe it or not, I had a shorted 12805 also....lol and closed it immediately...haha
CRAIGSLIST BARTERING CHAMPION
0 traders viewing now