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  • #14,621
  • Jul 15, 2008 3:36am Jul 15, 2008 3:36am
Short at 1.60, this will be something I can tell my kids about. I shorted EU at 1.6
  • #14,622
  • Jul 15, 2008 3:41am Jul 15, 2008 3:41am
It s time for EU to go down hehe
what we see depends mainly on what we look for...
  • #14,623
  • Jul 15, 2008 3:43am Jul 15, 2008 3:43am
Quoting EurUsd
It s time for EU to go down hehe

nothing goes down until 1.62-63..may be you can expect a small retracement
  • #14,624
  • Jul 15, 2008 3:43am Jul 15, 2008 3:43am
Quoting EurUsd
It s time for EU to go down hehe

Indeed. Congrats to the longs who waited it out. More to come IMO but time for the short to go to work IMO.
  • #14,625
  • Jul 15, 2008 3:43am Jul 15, 2008 3:43am
Is that what the majority agrees that here on (and after the euro news) the euro is going down?
  • #14,626
  • Jul 15, 2008 3:45am Jul 15, 2008 3:45am
Quoting Srikanth
nothing goes down until 1.62-63..may be you can expect a small retracement
I'd watch out carefully for that "small" retracement after the US news today..
Quoting EurUsd
It s time for EU to go down hehe
Doubt it'll retrace much before the US news, but afterwards anything's possible
On the path to Enrichment.
  • #14,627
  • Jul 15, 2008 3:45am Jul 15, 2008 3:45am
Quoting Srikanth
nothing goes down until 1.62-63..may be you can expect a small retracement
I expect to keep my short from 1.6 for 2-3 months
  • #14,628
  • Jul 15, 2008 3:46am Jul 15, 2008 3:46am
The EU was held back very nicely in that massive move up on the GU... My guess is that the ZEW data has been leaked and it's bad.
  • #14,629
  • Jul 15, 2008 3:48am Jul 15, 2008 3:48am
Quoting Clouds
Short at 1.60, this will be something I can tell my kids about. I shorted EU at 1.6
I'm @ 1.6004, and tomorrow news release at bloomberg, EU touch 1.6 then down like hell
  • #14,630
  • Jul 15, 2008 3:48am Jul 15, 2008 3:48am
Quoting Clouds
I expect to keep my short from 1.6 for 2-3 months
I'll keep my short from 1.64 for a few months
  • #14,631
  • Jul 15, 2008 3:49am Jul 15, 2008 3:49am
Quoting Clouds
I expect to keep my short from 1.6 for 2-3 months
I am not in any position so not trying to be sarcastic or anything, but do you expect it will take 2-3 months before your short position will become profitable? How high do you think eurusd will go before it comes down?
Expected the unexpected
  • #14,632
  • Jul 15, 2008 3:52am Jul 15, 2008 3:52am
Quoting mmccormac
The EU was held back very nicely in that massive move up on the GU... My guess is that the ZEW data has been leaked and it's bad.
I doubt anyone really cares about that piece of euro news, we'll know pretty soon but I don't think it'll have any serious impact. Post US news is another matter..
On the path to Enrichment.
  • #14,633
  • Jul 15, 2008 3:52am Jul 15, 2008 3:52am
Quoting Clouds
I expect to keep my short from 1.6 for 2-3 months
Good luck for your short target around 1.3 or 1.4 .. even i want to see EU @ those levels
  • #14,634
  • Edited 4:06am Jul 15, 2008 3:52am | Edited 4:06am
Quoting uncleforex
Of course buddy. If it goes into the super rising up channel it will go at least 1.60400



Scary?

nah.. it's just business, nothing personal.
Uncleforex, i think we trade similarly, price and support/ resistance, I think we can reach 1.66, but 1.602 needs a break...
  • #14,635
  • Jul 15, 2008 3:52am Jul 15, 2008 3:52am
I'm flat the EU now... With the way that was held back on that GU move it's either intervention or the ZEW was leaked and it's bad... Either way I'll stand aside for the time being.
  • #14,636
  • Jul 15, 2008 3:53am Jul 15, 2008 3:53am
We will see pin bar or beautiful doji at EU H1
  • #14,637
  • Jul 15, 2008 3:57am Jul 15, 2008 3:57am
Quoting uncleforex
Price action says we will above 1.6000s in less than 16hours.

Hopefully I'm right. So far so good.
Sweet! Good Call.

I love waking up to Pips in my pocket.
  • #14,638
  • Jul 15, 2008 3:59am Jul 15, 2008 3:59am
Quoting Srikanth
Good luck for your short target around 1.3 or 1.4 .. even i want to see EU @ those levels
Just a question from a semi-newbie. Do you keep the trade running w/negative interest, or do you often close & reopen?
  • #14,639
  • Jul 15, 2008 4:00am Jul 15, 2008 4:00am
Quoting Pipspur
Just a question from a semi-newbie. Do you keep the trade running w/negative interest, or do you often close & reopen?
i trade short positions in short term and buy positions in long term
  • #14,640
  • Jul 15, 2008 4:00am Jul 15, 2008 4:00am
shorts are working,, sweet as gold... :>
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