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EUR/USD going to fall BIG

  • #41
  • Jul 20, 2009 3:28am Jul 20, 2009 3:28am
Quoting Takisd

Its already be established that the USD is going to remain the worlds reserve currency, housing market in the US is stable, US banks are reporting credit conditions easing. None of this is happening in europe and the UK.
L. Ron Hubbard says it's time for you to get out the UFO cause its me and Bigfoot's turn to ride.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #42
  • Jul 20, 2009 3:37am Jul 20, 2009 3:37am
well you have a 50% chance of being correct, my only thinking is that if everyone is so bearish on the USD, it may infact go the other way...
Grabbing the bull by the horns!
  • #43
  • Jul 20, 2009 3:43am Jul 20, 2009 3:43am
Quoting whitegoodman
well you have a 50% chance of being correct, my only thinking is that if everyone is so bearish on the USD, it may infact go the other way...
And it will. But only far enough to let everyone bullish on the USD again.
  • #44
  • Jul 20, 2009 5:32am Jul 20, 2009 5:32am
Quoting FrinkFX
I knew I shouldn't have mentioned the dreaming...

not saying there's anything wrong with your dreaming. but i think u must be prepared 4 this when u mentioned it. especially at ff.
  • #45
  • Jul 20, 2009 5:43am Jul 20, 2009 5:43am
I am listening. I am going to short Eur/Usd now at 1.4223 !!!
  • #46
  • Jul 20, 2009 5:50am Jul 20, 2009 5:50am
In the longterm. He is maybe right.
I am bullish euro right now.

But who cares?? If he is right, I lost 2,5% equity and I will going long USD later this year.

OMG,

This thread is so funny...

  • #47
  • Jul 20, 2009 6:27am Jul 20, 2009 6:27am
Did your dream tell you where to put your stop loss?
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #48
  • Jul 20, 2009 8:12am Jul 20, 2009 8:12am
From today's Pfennig:

As we have repeatedly pointed out, the administration has three choices with regard to the tremendous debt load which has been built up in recent years. 1) They can increase revenues (yes, they are increasing taxes, but these increased taxes are already spent on the new health care program). 2) They can decrease expenditures (big government is back, expenditures aren't going to fall anytime soon!). 3) They can let the dollar fall in order to pay back the debt with cheaper dollars (the most likely scenario!!).

http://www.dailypfennig.com/currentI...date=7/20/2009
  • #49
  • Jul 20, 2009 9:47am Jul 20, 2009 9:47am
On a weekly chart the EU/$ appears to be flirting with zones where some pretty big spikes and drops occured historically. And after having a nice bull run, I might be tempted to go short around 1.43-1.44ish, Having said that, am I really any more accurate than someone who had a prophetic dream? Id like a subscription to the signal service.
Cheers
Attached Image (click to enlarge)
Click to Enlarge Name: eur$ weekly.gif Size: 12 KB
  • #50
  • Jul 20, 2009 4:43pm Jul 20, 2009 4:43pm
Quoting LasVahGoose
Did your dream tell you where to put your stop loss?
Glad everyone's enjoying my thread.


I've just put my money where my mouth is.

Went short at 1.4226
  • #51
  • Jul 20, 2009 4:53pm Jul 20, 2009 4:53pm
I've been short since June 3rd @ 1.4130... looking to TP around 1.3100 in the next month or two! So you're dream'in like I'm think'in!
  • #52
  • Edited 7:59pm Jul 20, 2009 4:59pm | Edited 7:59pm
I have a Limit Buy order waiting @ 1.4184. This may change depending on the first couple of London Opening hours but whatever I'll be going Long.

My first target area is 1.4270 and whether I stay in or close will depend on PA at that point - my ultimate target is 1.4341.
  • #53
  • Jul 20, 2009 6:04pm Jul 20, 2009 6:04pm
See why:

http://broadcast.ino.com/education/eurusd716/
  • #54
  • Jul 20, 2009 6:13pm Jul 20, 2009 6:13pm
Quoting PeterFM
I have a Limit Buy order waiting @ 1.4184. This may change depending on the first couple of London Opening hours but whatever I'll be going Long.

My first target area is 1.4270 and whether I stay in or close will depend on PA at that point - my ultimate target is 1.4341.
I am short from 1.4235 with a countertrend trade. Aimed at 1.4100 TP
  • #55
  • Jul 20, 2009 6:46pm Jul 20, 2009 6:46pm
Quoting arielkorber
See why:

http://broadcast.ino.com/education/eurusd716/
Wow his charts go up to Oct 2009. He must be from the future
  • #56
  • Jul 20, 2009 6:52pm Jul 20, 2009 6:52pm
Quoting FrinkFX
Wow his charts go up to Oct 2009. He must be from the future
LOL... the year date is the start at Jan01...
  • #57
  • Jul 20, 2009 6:55pm Jul 20, 2009 6:55pm
Quoting FrinkFX
Glad everyone's enjoying my thread.


I've just put my money where my mouth is.

Went short at 1.4226
Aww, I'm just playing. I thought it was funny.

At least you have bias in direction. I still see it going either way, just waiting for the move to take place and hop on board.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #58
  • Jul 20, 2009 7:31pm Jul 20, 2009 7:31pm
Quoting FrinkFX
Laugh all you want but I have a habit of dreaming things that come true. This may freak you out but in 2001 I spent the summer in America and I kept having a recurring dream that I was at the top of a very tall building in Manhattan and a tornado flew at great speed towards me. And destroyed the building I assume, but I can't be sure cause I always woke up at that moment
I just hope you can cash in on your dreams. Me, I'll stick to the charts. Thank you very much!
  • #59
  • Jul 20, 2009 7:50pm Jul 20, 2009 7:50pm
To the one who said "ill go against you".. You arent going against him. He is trading for 1000 pips, you are trading for 100.. Big diff, and both can be right in that sense.

Trade for 1000 up and you are going against him.. Good luck!
  • #60
  • Jul 20, 2009 10:52pm Jul 20, 2009 10:52pm
Quoting FrinkFX
Wow his charts go up to Oct 2009. He must be from the future
If you're having trouble with your charting, I think I see the problem.
Sorry Frink, couldn't resist.
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