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EURUSD

  • #233,461
  • Apr 29, 2010 4:11am Apr 29, 2010 4:11am
Quoting Jonty
Dude... what currency is Gold priced in???
USD per ounce or bar of gold, dont really remember the unit...

Thinnk of it this way...

When EURUSD goes down youd expect USD/anything to go Up as EUR(down)/USD(up) would make the EURUSD head to the directon of 1

Gold infact is USD/XAU
Silver is USD/XAG

sooooo yea tell me bout it...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #233,462
  • Apr 29, 2010 4:17am Apr 29, 2010 4:17am
Quoting Jonty
Dude... what currency is Gold priced in???
why does it matter?
it only means gold traded eur will jump to the skies right?

guys dont have to say who's right who's wrong. just share k. everyone is entitled to their own views.

cheers!

eur pls go doooown.
  • #233,463
  • Apr 29, 2010 4:19am Apr 29, 2010 4:19am
Quoting jest1081
why does it matter?
it only means gold traded eur will jump to the skies right?

guys dont have to say who's right who's wrong. just share k. everyone is entitled to their own views.

cheers!

eur pls go doooown.
Well gold sort of matters, its a way EURO can prevent losing their currency is by buying gold to back it up...

and uhh Yea EUROUSD pls go down... youve reached today's session high...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #233,464
  • Apr 29, 2010 4:23am Apr 29, 2010 4:23am
Quoting jest1081
why does it matter?
it only means gold traded eur will jump to the skies right?

guys dont have to say who's right who's wrong. just share k. everyone is entitled to their own views.

cheers!

eur pls go doooown.
But he is right, whenever gold rises, USD shoud go down.
  • #233,465
  • Apr 29, 2010 4:23am Apr 29, 2010 4:23am
g'day
  • #233,466
  • Apr 29, 2010 4:25am Apr 29, 2010 4:25am
Right now the Gold Up is not affecting EURUSD down, reasons for this is simple..

cuz New York is not opened yet... but expect EURUSD to drop when New York Opens... as Gold Creates New High since asia session....

Its just like watching a Pair unchange over the weekend doesnt mean the value didnt drop in real time...

USD just Strengthen just we dont see by how much yet cuz New York aint online...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #233,467
  • Apr 29, 2010 4:26am Apr 29, 2010 4:26am
Quoting markonis
But he is right, whenever gold rises, USD shoud go down.
note that things have changed in the last days, gold is rising along with USD because market is scared

EUR will bouce more, I expect gold to continue its rise
  • #233,468
  • Apr 29, 2010 4:26am Apr 29, 2010 4:26am
Quoting jest1081
why does it matter?


eur pls go doooown.
why man
you're bad bad bad girl


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  • #233,469
  • Apr 29, 2010 4:28am Apr 29, 2010 4:28am
Quoting markonis
But he is right, whenever gold rises, USD shoud go down.
do you see that happening now?

its more like this...any sort of major currency goes into crisis. gold goes up. then when the dollar was facing crisis, it was only natural for gold prices to appreciate due to printing and fear.

but now...dollar rises, gold rises. there has to be a fundamental reason for such an event.

Quoting benssol
why man
you're bad bad bad girl
dude! whhhhy! lol.

im still in the midst of building my positions, so its okay.
dont spank me for being bad...kuroro has been flauting his ass for as long as i could remember. LOL!
  • #233,470
  • Apr 29, 2010 4:31am Apr 29, 2010 4:31am
Quoting fammira
note that things have changed in the last days, gold is rising along with USD because market is scared

EUR will bouce more, I expect gold to continue its rise
yea just wait and see how much effect gold has when New York Comes in knowing Asia Session made a new High price for gold...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #233,471
  • Apr 29, 2010 4:31am Apr 29, 2010 4:31am
Time to short i think
  • #233,472
  • Apr 29, 2010 4:33am Apr 29, 2010 4:33am
Quoting jest1081
do you see that happening now?

its more like this...any sort of major currency goes into crisis. gold goes up. then when the dollar was facing crisis, it was only natural for gold prices to appreciate due to printing and fear.

but now...dollar rises, gold rises. there has to be a fundamental reason for such an event.



dude! whhhhy! lol.

im still in the midst of building my positions, so its okay.
dont spank me for being bad...kuroro has been flauting his ass for as long as i could remember. LOL!
reasons is Countries in Europe like Swiss BUYS gold to back up their Net value......
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #233,473
  • Apr 29, 2010 4:34am Apr 29, 2010 4:34am
Quoting bguguen
yea just wait and see how much effect gold has when New York Comes in knowing Asia Session made a new High price for gold...
new high will come for gold in NY session also
  • #233,474
  • Apr 29, 2010 4:34am Apr 29, 2010 4:34am
Quoting bguguen
Right now the Gold Up is not affecting EURUSD down, reasons for this is simple..

cuz New York is not opened yet... but expect EURUSD to drop when New York Opens... as Gold Creates New High since asia session....

Its just like watching a Pair unchange over the weekend doesnt mean the value didnt drop in real time...

USD just Strengthen just we dont see by how much yet cuz New York aint online...
  • #233,475
  • Apr 29, 2010 4:37am Apr 29, 2010 4:37am
Any one knows where i can find a USD INDEX chart as it is not on mt4
  • #233,476
  • Apr 29, 2010 4:38am Apr 29, 2010 4:38am
Hey Jest... sigh richladyfx you and i been holding short for a long time now...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #233,477
  • Apr 29, 2010 4:38am Apr 29, 2010 4:38am
Quoting ma_cowburn
Any one knows where i can find a USD INDEX chart as it is not on mt4
http://www.forexltd.co.uk/trade/contrspec/usdx/
  • #233,478
  • Apr 29, 2010 4:39am Apr 29, 2010 4:39am
Quoting ma_cowburn
Any one knows where i can find a USD INDEX chart as it is not on mt4
http://quotes.ino.com/chart/?s=NYBOT...2&w=1&t=l&a=50
  • #233,479
  • Apr 29, 2010 4:40am Apr 29, 2010 4:40am
Quoting bguguen
reasons is Countries in Europe like Swiss BUYS gold to back up their Net value......
Where did you hear this..?
  • #233,480
  • Apr 29, 2010 4:42am Apr 29, 2010 4:42am
Quoting Jonty
Where did you hear this..?
its not hear... thats what most of the banks in Switzerland does...
they invest their money in gold... no jokes reason why Switzerland is like the Banking giant nation... soo if EURO goes down im going to Short EUR/CHF...

but only just ONLY when Euro is nearly dead...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
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