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EURUSD

  • #172,521
  • Dec 16, 2009 4:57am Dec 16, 2009 4:57am
Just entered a long at 4553 with a tight s/l at 15 pips.
  • #172,522
  • Dec 16, 2009 5:04am Dec 16, 2009 5:04am
Quoting X.Oden
EURO will go up....
Isn't that what you said yesterday?
  • #172,523
  • Dec 16, 2009 5:09am Dec 16, 2009 5:09am
A lot of trolls doing morale boosting by bashing the dollar in front of the European friends.
  • #172,524
  • Dec 16, 2009 5:10am Dec 16, 2009 5:10am
  •  jaboo
  • | Joined Dec 2009 | Status: Ray Comfort is....the banana man | 236 Posts
i wanted to long at .4546 but it didnt get there.

bummer.
  • #172,525
  • Dec 16, 2009 5:14am Dec 16, 2009 5:14am
Moved my s/l to 1 pip above my long. Worst case scenario, I get 1 pip profit.
  • #172,526
  • Dec 16, 2009 5:15am Dec 16, 2009 5:15am
A lot of trolls doing morale boosting by bashing the Euro in front of the American friends.
  • #172,527
  • Dec 16, 2009 5:17am Dec 16, 2009 5:17am
With all this talk of buying, maybe I'll see 4600 for another short.
  • #172,528
  • Dec 16, 2009 5:24am Dec 16, 2009 5:24am
Quoting Xaron
A lot of trolls doing morale boosting by bashing the Euro in front of the American friends.
I didn't start you guys did. I am not going to argue. Euro is just as flawed as dollar or more flawed then the dollar in a historical perspective, as dollar didn't have such deficits as percentage on gdp when it came into existence therefore i do not think the situation will get better in europe.
Europe lends money for two generations to families, i mean common with no babies being born. Fact is Europe has not much left if that is what is going on.
  • #172,529
  • Dec 16, 2009 5:29am Dec 16, 2009 5:29am
So what? Buy Dollars? Actually one should avoid both Euro and Dollar but as we are in the EUR/USD thread that's a bit difficult to argue.

At the moment it's just a game of who hikes first. And that will be the ECB.
  • #172,530
  • Dec 16, 2009 5:31am Dec 16, 2009 5:31am
Let me add one thing: You're right that the EU is in deep sh!t like the US. But at the moment it's just not sexy to own Dollars.
  • #172,531
  • Dec 16, 2009 5:32am Dec 16, 2009 5:32am
Moreover we have a central bank in Europe that raises inflation when it raises interest rates look at 2004-2008 and look at 1999-2000.

Its worth a laugh they raise interest rates and make Euro stronger it makes inflation worse. Look at 1990s we were all better off without Euro.

Every time they have raised interest rates they have made inflation worse
  • #172,532
  • Dec 16, 2009 5:34am Dec 16, 2009 5:34am
If you think stronger Euro makes you richer however causes more inflation.
  • #172,533
  • Dec 16, 2009 5:35am Dec 16, 2009 5:35am
This is going to be interesting: FOMC Meeting Announcement.
  • #172,534
  • Dec 16, 2009 5:36am Dec 16, 2009 5:36am
Some action coming up now I reckon, how to exit?
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  • #172,535
  • Dec 16, 2009 5:37am Dec 16, 2009 5:37am
Let me tell you one thing mate is it more sexy to own Euros when they raise interest rates in Europe and cause inflation that has always been the case then to own commodities.
  • #172,536
  • Dec 16, 2009 5:38am Dec 16, 2009 5:38am
Quoting $maker
i did go short on thenews 1.45189
will go short again at 1.45349 if it goes as far up... which funnily i think it will test
im such a mofo..... horrible day for me so far! every noobie mistake made. i knew it was going up.. still shorted.. stupid stupid stupid
  • #172,537
  • Dec 16, 2009 5:38am Dec 16, 2009 5:38am
  •  jaboo
  • | Joined Dec 2009 | Status: Ray Comfort is....the banana man | 236 Posts
hahahaha after penetration.

sorry, this lack of sleep makes me laugh at the stupidest things.
  • #172,538
  • Dec 16, 2009 5:40am Dec 16, 2009 5:40am
Welcome dollar bears. They were on holiday for past few days but they have started arriving. More to come later after FOMC.

Bye Bye Dollar bulls. Enjoy the vacations.
  • #172,539
  • Dec 16, 2009 5:41am Dec 16, 2009 5:41am
Quoting lloydblankfe
Let me tell you one thing mate is it more sexy to own Euros when they raise interest rates in Europe...
Yes it is.
  • #172,540
  • Dec 16, 2009 5:42am Dec 16, 2009 5:42am
Quoting kingfisher
Welcome dollar bears. They were on holiday for past few days but they have started arriving. More to come later after FOMC.

Bye Bye Dollar bulls. Enjoy the vacations.
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