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EURUSD

  • #63,561
  • Feb 10, 2009 10:37am Feb 10, 2009 10:37am
It looks like risk aversion is rearing its ugly head again.
  • #63,562
  • Feb 10, 2009 10:43am Feb 10, 2009 10:43am
Is it time to go short now? Will it hit 1.28s now?
Quoting SmoothTrader
It looks like risk aversion is rearing its ugly head again.
  • #63,563
  • Feb 10, 2009 10:45am Feb 10, 2009 10:45am
100 pip move to the downside wow
  • #63,564
  • Feb 10, 2009 10:46am Feb 10, 2009 10:46am
Geithner Speaked but he dont said about details plan
you are the only one , who creates your reality .
  • #63,565
  • Feb 10, 2009 10:46am Feb 10, 2009 10:46am
Quoting victor.velaz
Is it time to go short now? Will it hit 1.28s now?
Looks like 1.2950 might hold for a bit. Sitting on the sidelines for now.
  • #63,566
  • Feb 10, 2009 10:47am Feb 10, 2009 10:47am
my target cross +50
you are the only one , who creates your reality .
  • #63,567
  • Feb 10, 2009 10:51am Feb 10, 2009 10:51am
Quoting CAnthonyMVE
100 pip move to the downside wow
yeah... very nice down move..
  • #63,568
  • Feb 10, 2009 10:57am Feb 10, 2009 10:57am
Managed to make some pips scalping here and there, but some body please tell me where this beast is heading? what a day
  • #63,569
  • Feb 10, 2009 10:58am Feb 10, 2009 10:58am
Took +100pip profit at 1.2950 and ran. Sitting on the sideline for now.


Waiting for resistance on the low to go long. Being very patient though. I have a feeling regardless of what is said the people are uncertain of what's to come, which creates a sell opportunity.
  • #63,570
  • Feb 10, 2009 11:02am Feb 10, 2009 11:02am
Guys,

I know this may not be the appropriate thread for this question, but seeing the alternative inactive, I am taking my chances.

Can somebody explain the sudden surge of EUR vis-a-vis GBP?

I find that all news coming from GBP very beneficial for its appreciation, and latest reports from EUR negative. However today's trading had been in favor of EUR...

I hope someone can post a reply on this question..

Thanks!


Lbrto
"No trade is still a trade." - Peter Borish
  • #63,571
  • Feb 10, 2009 11:07am Feb 10, 2009 11:07am
Last bar on 1h and 30min break channel down.. it is possible to test 1.2985.. then go down again
  • #63,572
  • Feb 10, 2009 11:13am Feb 10, 2009 11:13am
I think that dow bottomed out for today at 300 and if it doesnt go up today then we'll see it up tomorrow, and euro is going sky high, and don't forget the asian session, I think it's getting ready to form the W 1.4
What goes up... Must come down
  • #63,573
  • Feb 10, 2009 11:24am Feb 10, 2009 11:24am
"ECB drains 129 bln euros from money markets.
Earlier, the ECB said it would pay up to 2 percent interest on deposits and put no limit on the amount it would accept."

http://www.forbes.com/feeds/afx/2009...fx6032808.html

What kind of ??? drains Euros from an economy in galloping inflation. Just to drive the Eur/Usd up 75pips
OMG, better get more experience. Its killing me laughing.
And all the clowns that bought the Euro to depo with them for 2 % interest is gonna lose between 5-15% of their "investments" soon. Now we shall see 1.2300 soon. Talk about prudence in Banks
  • #63,574
  • Feb 10, 2009 11:28am Feb 10, 2009 11:28am
Quoting fti
"ECB drains 129 bln euros from money markets.
Earlier, the ECB said it would pay up to 2 percent interest on deposits and put no limit on the amount it would accept."

http://www.forbes.com/feeds/afx/2009...fx6032808.html

What kind of ??? drains Euros from an economy in galloping inflation. Just to drive the Eur/Usd up 75pips
OMG, better get more experience. Its killing me laughing.
And all the clowns that bought the Euro to depo with them for 2 % interest is gonna lose between 5-15% of their "investments"...

nice 1...
  • #63,575
  • Feb 10, 2009 11:32am Feb 10, 2009 11:32am
Quoting fti
"ECB drains 129 bln euros from money markets.
Earlier, the ECB said it would pay up to 2 percent interest on deposits and put no limit on the amount it would accept."

http://www.forbes.com/feeds/afx/2009...fx6032808.html

What kind of ??? drains Euros from an economy in galloping inflation. Just to drive the Eur/Usd up 75pips
OMG, better get more experience. Its killing me laughing.
And all the clowns that bought the Euro to depo with them for 2 % interest is gonna lose between 5-15% of their "investments"...
Inflation?

Not on this planet!!!
Traders are smartasses
  • #63,576
  • Feb 10, 2009 11:35am Feb 10, 2009 11:35am
50 pip loss
  • #63,577
  • Feb 10, 2009 11:36am Feb 10, 2009 11:36am
I decided to wait till Geitner said his peice and then jump in to find that cute little h&s formming up on the M5. up 2bucks and change
Nolite dormiens pungere ursum. -- Latan Proverb.
  • #63,578
  • Feb 10, 2009 11:37am Feb 10, 2009 11:37am
does anyone see it heading back up or is is down from here??
  • #63,579
  • Feb 10, 2009 11:41am Feb 10, 2009 11:41am
Senate bill (scam) just passed
Nolite dormiens pungere ursum. -- Latan Proverb.
  • #63,580
  • Feb 10, 2009 11:42am Feb 10, 2009 11:42am
stimulus passed, reaction should ensue
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