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EURUSD

  • #16,321
  • Jul 28, 2008 12:18am Jul 28, 2008 12:18am
Just playing with you guys. I am in a long position
  • #16,322
  • Jul 28, 2008 12:20am Jul 28, 2008 12:20am
Quoting Clouds
Not sure about that. Australian has 4 million people or so? and has been gaining on the dollar for 7 years. There are many countries that use the euro, and if Germany dropped the euro, nobody would give a '&%*&" look what happened to their old currency, it lost like 10,000% of it's value.
Isn't Germany the biggest economy for the EUR?

Exactly my point. AUD has only 4M people and the currency is worth the same as a 300M pop. U.S. could buy 50 AUD's in a heartbeat. AUD is a giant bubble waiting to happen. Soon as they lower rates and commodities fall this one is gone.
  • #16,323
  • Jul 28, 2008 12:20am Jul 28, 2008 12:20am
This time the trend line is gone,, hopefully we'll go for double bottom..
  • #16,324
  • Jul 28, 2008 12:22am Jul 28, 2008 12:22am
Quoting Seaward22
Just playing with you guys. I am in a long position
I'm in LONG position too And I'll keep IT
  • #16,325
  • Jul 28, 2008 12:22am Jul 28, 2008 12:22am
Quoting Seaward22
Just playing with you guys. I am in a long position
hehehe,..
we know you are a counted trader here
  • #16,326
  • Jul 28, 2008 12:23am Jul 28, 2008 12:23am
Quoting Seaward22
Isn't Germany the biggest economy for the EUR?

Exactly my point. AUD has only 4M people and the currency is worth the same as a 300M pop. U.S. could buy 50 AUD's in a heartbeat. AUD is a giant bubble waiting to happen. Soon as they lower rates and commodities fall this one is gone.
Yes it's the biggest economy for the EUR, but that is not how currency is valued. AUD, and Swiss Franc won't just collapse. Don't forget about the word "RARE"
  • #16,327
  • Jul 28, 2008 12:23am Jul 28, 2008 12:23am
Quoting kirana
hehehe,..
we know you are a counted trader here
What's a counted trader?
  • #16,328
  • Jul 28, 2008 12:24am Jul 28, 2008 12:24am
Quoting Clouds
Yes it's the biggest economy for the EUR, but that is not how currency is valued. AUD, and Swiss Franc won't just collapse. Don't forget about the word "RARE"
Don't forget the NZD, worse off than AUD and CHK, which I call the small cap majors.
  • #16,329
  • Jul 28, 2008 12:26am Jul 28, 2008 12:26am
Quoting Seaward22
What's a counted trader?
we are listening your forcase, becouse you are good in trade.
sorry for my bad english.
  • #16,330
  • Jul 28, 2008 12:27am Jul 28, 2008 12:27am
hey ! guys ..if your scapling .there is a posibilty of testing 1.568 again ..watch out
Fools Rushing
  • #16,331
  • Jul 28, 2008 12:28am Jul 28, 2008 12:28am
Quoting kirana
we are listening your forcase, becouse you are good in trade.
sorry for my bad english.
I appreciate the good words. I love this forumn. You guys make trading a whole other world! I learn more from you guys than anything. Keep up the great work!
  • #16,332
  • Jul 28, 2008 12:29am Jul 28, 2008 12:29am
Quoting MTF Test
hey ! guys ..if your scapling .there is a posibilty of testing 1.568 again ..watch out
It sure doesn't want to go below 1.5700. I could go either way at this point.
  • #16,333
  • Jul 28, 2008 12:30am Jul 28, 2008 12:30am
Quoting Seaward22
Don't forget the NZD, worse off than AUD and CHK, which I call the small cap majors.
Last time I checked, it's gone from .50 to .75 in the last 5 years. Call them what you want, but don't expect them to print as much as the US does.
  • #16,334
  • Jul 28, 2008 12:31am Jul 28, 2008 12:31am
Everybody is going long,, check out this guys,, there are quite good,,

http://www.mataf.net/en/forex-eurusd.htm
  • #16,335
  • Jul 28, 2008 12:32am Jul 28, 2008 12:32am
Quoting Seaward22
It sure doesn't want to go below 1.5700. I could go either way at this point.
watch out brother ,,,

peace ...
Fools Rushing
  • #16,336
  • Jul 28, 2008 12:32am Jul 28, 2008 12:32am
Quoting Clouds
Last time I checked, it's gone from .50 to .75 in the last 5 years. Call them what you want, but don't expect them to print as much as the US does.
Just because it goes up doesn't make it right. You know more than me. I'm new to the game.

They have a GDP of $100 Billion. What do you think of that? I think we have a couple people over here in the U.S. that could purchase their entire economy.
  • #16,337
  • Jul 28, 2008 12:33am Jul 28, 2008 12:33am
Quoting Seaward22
It sure doesn't want to go below 1.5700. I could go either way at this point.
In case EUR will GO DOWN I think EUR will not crash the 1.5620!
  • #16,338
  • Jul 28, 2008 12:34am Jul 28, 2008 12:34am
Quoting assamusic
In case EUR will GO DOWN I think EUR will not crash the 1.5620!
It'll take some bad news for EUR to go that low. I don't think it'll be a good Monday over here in U.S. since Feds had to close a few banks. I'd be shocked to see U.S. buy dollars tomorrow.
  • #16,339
  • Jul 28, 2008 12:34am Jul 28, 2008 12:34am
Quoting FxApasionado
Everybody is going long,, check out this guys,, there are quite good,,

http://www.mataf.net/en/forex-eurusd.htm
mmm, interesting use of indicators on that website. Look at the EURAUD charts. They recommend going long whereas price is coming down from upper BB and stochs are turning southwards. At least they saw that the H1 trend is up!
TRADE FOR SWAP
  • #16,340
  • Jul 28, 2008 12:36am Jul 28, 2008 12:36am
Quoting Seaward22
Just because it goes up doesn't make it right. You know more than me. I'm new to the game.

They have a GDP of $100 Billion. What do you think of that? I think we have a couple people over here in the U.S. that could purchase their entire economy.
I am not sure about that. I've always liked new zealand and australia, and I don't think they'd be selling. Imagine you were the only person that sold corn in the US , wouldn't you want keep raising the price, if you had a monopoly on it, and everyone wanted it. Also, it must be very rare, (I haven't heard of anything like it) that established countries go up for sale.
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