where is all this Dollar weakness coming from? | Page 5 | Forex Factory

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where is all this Dollar weakness coming from?

  • #81
  • Nov 22, 2006 10:39am Nov 22, 2006 10:39am
Quoting enoc2g
theres was too much dollar neg data out this past week it really didnt help the dolalr was moving along fine until the housing data reared its ugly head that catalyst shifted everything...
well also add in the Hedge Fund selling off dollar because it was in trouble same day as Bad Housing........ Im waiting for the rock to drop Im short GBP at 8990
Ghost Swoopen in for my pips while no one is lookin !!
  • #82
  • Nov 22, 2006 10:40am Nov 22, 2006 10:40am
at this point if u look at the daily there is no sign at all of cable weakness we have a really big bullish candle.. selling into that is very hard and dangerous... picking tops is difficult when dollar fundamentals are so bearish...
  • #83
  • Nov 22, 2006 10:42am Nov 22, 2006 10:42am
Ghost im also short the pound now again at 9142 with a stop above the 9200 RN, and psychological resistance... AGAIN if this doesnt shift im dead meat... my stop will get taken out. Im aware of that, but id rather fade the crowd and be wrong then follow the herd to the slaughter...
  • #84
  • Nov 22, 2006 10:47am Nov 22, 2006 10:47am
Quoting SkYliNe0511
I'm sooooo nervous to long the $ rite now. The rumor said the Fed might start to lower interest rate next year. The target will be 4%. And if this were true, 2004 dollar's weakness would come back. The Euro would hit the highest of 1.36. The cable would hit the highest of 1.95 area. So, I think we all have to be careful on this one.

Anyway, this is solely my opinion.
For the short term, the $ is not going above the 1.2980 high. I'm selling EUR/USD.
For the long term, I agree that it will approach 1.3600.
  • #85
  • Nov 22, 2006 10:48am Nov 22, 2006 10:48am
sometimes it is best to stay aside. holiday week and the market is thin. year end and all that.
  • #86
  • Nov 22, 2006 10:49am Nov 22, 2006 10:49am
Quoting falcon232
For the short term, the $ is not going above the 1.2980 high. I'm selling EUR/USD.
For the long term, I agree that it will approach 1.3600.
well the market will take out 1.3 just to prove you wrong.
  • #87
  • Nov 22, 2006 10:51am Nov 22, 2006 10:51am
picc exactly this thing wil move higher i can feel it lol... the pound too... the dollar is gonna feel the pain...
  • #88
  • Nov 22, 2006 10:53am Nov 22, 2006 10:53am
Quoting piccolo
well the market will take out 1.3 just to prove you wrong.
It always does!!!

Question: If I'm long EUR/USD for a long-term trade, I lose out big because of the swap rates. How do you guys get around that?
  • #89
  • Nov 22, 2006 10:53am Nov 22, 2006 10:53am
remember the daily trend is bullish until that changes the trend is up,
  • #90
  • Nov 22, 2006 4:44pm Nov 22, 2006 4:44pm
something traders on here should understand i quote below:

"Given that many <st1lace w:st="on"><st1:country-region w:st="on">US</st1:country-region></st1lace> and Japanese traders have left early for the holidays, which is quite common this time of the year, the lack of significant liquidity is sure to have played a major role in today’s exaggerated price action."
  • #91
  • Nov 23, 2006 5:01pm Nov 23, 2006 5:01pm
Quoting piccolo
sometimes it is best to stay aside. holiday week and the market is thin. year end and all that.
Yep I am staying out the rest of the week, cable was very flat today
Pip Goes The Weasel
  • #92
  • Dec 6, 2006 10:51pm Dec 6, 2006 10:51pm
Quoting falcon232

Question: If I'm long EUR/USD for a long-term trade, I lose out big because of the swap rates. How do you guys get around that?

I have been wondering this question too. Any long term traders can tell us or is the approx 1 pip per day rollover cost not important.?
  • #93
  • Jul 27, 2007 1:42am Jul 27, 2007 1:42am
Jacko are you still mainly trading the eur/usd with your system? Have you added ant pairs. Also what pairs are others using here please.
  • #94
  • Last Post: Jul 27, 2007 2:50am Jul 27, 2007 2:50am
Quoting newbietrader101
I have been wondering this question too. Any long term traders can tell us or is the approx 1 pip per day rollover cost not important.?
It's only 1 pip per day. Do you make less than 10 pips holding a position for e.g 10 days?
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