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EURUSD important

  • #1
  • First Post: Feb 5, 2008 10:52am Feb 5, 2008 10:52am
buy eurusd, it will go up to 1.4743 , go on , trust me
  • #2
  • Feb 5, 2008 11:08am Feb 5, 2008 11:08am
lol, how can you be so sure, if so. why don't u sell ur house, ur car, ur cat or ur wife : U will be a billioner just in one nite.

btw, just curious, what make the bucks getting strong today? i've tried to search the news but can't find any reason to make $$$ rally above 200pips?? ghosh.. i've lost a lot today

thanks
Trading is an art of managing risks in order to achieve a proper rewards!
  • #3
  • Feb 5, 2008 11:19am Feb 5, 2008 11:19am
Quoting Jc_
lol, how can you be so sure, if so. why don't u sell ur house, ur car, ur cat or ur wife : U will be a billioner just in one nite.

btw, just curious, what make the bucks getting strong today? i've tried to search the news but can't find any reason to make $$$ rally above 200pips?? ghosh.. i've lost a lot today

thanks
PFX had a posting about the big guys having a change of sentiment favoring the USD yesterday. Everyone here at FF saw it and ran with it.
  • #4
  • Feb 5, 2008 4:26pm Feb 5, 2008 4:26pm
PFX?

Quoting nitman
PFX had a posting about the big guys having a change of sentiment favoring the USD yesterday. Everyone here at FF saw it and ran with it.
  • #5
  • Feb 5, 2008 8:53pm Feb 5, 2008 8:53pm
Quoting jacobtrader

I am some inside news from my broker STIFX.. that this week many European banks will post there results.. and due to subprime issue there will be much loss to these banks as well.. So this is one factor. Another factor US$ index is rallying crossing the resistance..
There are many factors for USD strength this week...
Still can't understand the reason behind this 'big move' lastnite though
ISM report show negative, Fed cut another 0.5%, subprime not getting better still, consumer spending is negative :surprised

i just think it's just not Right, not because of the banks issue (all of us already know, most european banks will tumble bcoz of the subprime)
I just keep on Long eur/usd @ 1.4700 & sh*t almost lost 100 pips.

and already lost 40% of my accs on fighting this move.
and now i open a new acc @ 1.631 betting on 20% of my acc lolz
if it's turn out and rally to 1.734 just like the first post predicted, i'll double up my acc in just one day (perhaps 2?)

thanks 4 ur input jacob
Trading is an art of managing risks in order to achieve a proper rewards!
  • #6
  • Feb 5, 2008 9:00pm Feb 5, 2008 9:00pm
Quoting BenQ
PFX?
BenQ, hi

just click at this link http://www.forexfactory.com/news.php?do=news&id=68556
Trading is an art of managing risks in order to achieve a proper rewards!
  • #7
  • Feb 5, 2008 9:28pm Feb 5, 2008 9:28pm
fed cut 125 basis points in a month, EURUSD failed to rally above previous high, i thought that should serve as a very clear warning sign about the vulnerability of the EUR already.
  • #8
  • Feb 5, 2008 9:44pm Feb 5, 2008 9:44pm
Estimated (fair) value for the EUR against the USD is around 1.3655 [~1.37]

The big daddies (UBS, Barc, etc..) are all bearish on USD with around $245bil. as the euro. economics seem unable to hold > 1.47 for too long..

Read more, the above mentioned thread is very useful, Thanks
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  • #9
  • Feb 5, 2008 10:35pm Feb 5, 2008 10:35pm
Are we in for trend reversal. we had super bull run of this pair for years. is it going to reverse ???

ecnomy is reversing, stock is reversing, commodities is reversing....

EUR USD reversing ?
  • #10
  • Feb 5, 2008 10:38pm Feb 5, 2008 10:38pm
Just trade what the market tells you, not what you want to see.
  • #11
  • Last Post: Feb 5, 2008 10:52pm Feb 5, 2008 10:52pm
Quoting jackolee
Are we in for trend reversal. we had super bull run of this pair for years. is it going to reverse ???

ecnomy is reversing, stock is reversing, commodities is reversing....

EUR USD reversing ?
Oh.. right, then i'll Broke!

@tonghoe
the market trends tell me 'Bull' that's what I see... but lastnite I see 'Bear' is it something wrong with my charts lolz (im just trying to buy 'dip' thought
Trading is an art of managing risks in order to achieve a proper rewards!
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