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I'm going long EUR/USD at 1.245, target 2.00

  • #21
  • May 15, 2010 3:54pm May 15, 2010 3:54pm
UBS projected euro to by at 1.15 by the end of this year and 1.10 by the end of next year so if they're right, you should be getting MC by December. Of course they'd probably make billions if they were right.
  • #22
  • May 15, 2010 4:09pm May 15, 2010 4:09pm
[quote=Xaron;3725248]Ouch. But at least we can build cars that don't consume 20 liters per 100 miles.

that was damn good!!!! hahahahahahahha DDDDDDDDDDDDDDD


i have heard in Bloomberg tv,that usd will fall by 70% by the end of this year


mentaly long with you hahahaha,
  • #23
  • May 15, 2010 4:11pm May 15, 2010 4:11pm
Quoting Xaron
Hi all,

I'm going long EUR/USD at 1.2450 with a target of 2.0000.

This is just some kind of funny experiment, so I do it in a $100 sub account with a leverage of 10:1 and buy 1,000 units. No stop (MC will be around 1.16).

It might take some years but I'm rather sure we will get there.
Xaron,

Hi Xaron,

I respect your thought process regarding the euro..
Any man willing to challenge the trading world is my friend..

Let me give you my perspetive on the euro

I have seen your previous posting and would like to wish you all the best in your challenge..

Geppyg
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Let Price determine your future!
  • #24
  • May 15, 2010 4:16pm May 15, 2010 4:16pm
Who gives a crap if its only $100 dollars thats more money that alot of people will ever put into an account. A great majority of the people on this forum don't even have a live acc TO fund. Geez get out the torches lets burn this thread down!
  • #25
  • May 15, 2010 4:26pm May 15, 2010 4:26pm
Quoting Geppyg
Can you please explain what you mean by this post after me posting my thoughts....
Sorry it doesn't have anything to do with your post. Your post is constructive. I'm referring to the people blabbing on about it only having a possibility of making 600-700 dollars profit. Like who wouldn't want to only risk $100 dollars to have the possibility of making 6-7 times that.

Xaron might lose his $100 but there is probably just as great a possibility that a nice short squeeze is coming and he will make a good return. If I'm going to call a reversal then I don't see a better place to call it then when the market is massively positioned on the other side.
  • #26
  • May 15, 2010 4:32pm May 15, 2010 4:32pm
Quoting jaguarxj1
A great majority of the people on this forum don't even have a live acc TO fund.

agree 100%

And some of them still teaches others to trade...
LOL you are having a laugh....I can tell you straight from my experiance that over 75% of people trading here are live traders...

I dont really understand what you are trying to achieve by negative posting welcome to the click club
Let Price determine your future!
  • #27
  • May 15, 2010 4:36pm May 15, 2010 4:36pm
Quoting Geppyg
LOL you are having a laugh....I can tell you straight from my experiance that over 75% of people trading here are live traders...

I dont really understand what you are trying to achieve by negative posting welcome to the click club
I'll claim responsiblity for that post because he was referring to what I said. If that figure is true then I suppose I have stuck my foot in my mouth . I just never thought it was that high.
  • #28
  • May 15, 2010 4:46pm May 15, 2010 4:46pm
Quoting Xaron
Hi all,

I'm going long EUR/USD at 1.2450 with a target of 2.0000.

This is just some kind of funny experiment, so I do it in a $100 sub account with a leverage of 10:1 and buy 1,000 units. No stop (MC will be around 1.16).

It might take some years but I'm rather sure we will get there.
At least wait 3 weeks,
Price MUST hold at least 3 weeks near same level to make a sense of such trading.
Huge reversals NEVER been made in one single day !!!

However we share same thoughts
  • #29
  • May 15, 2010 4:50pm May 15, 2010 4:50pm
euro is set to merge with gbp...
  • #30
  • May 16, 2010 7:29pm May 16, 2010 7:29pm
Quoting Clouds
Hey, I wish we had highways that had no speed limits. We had them in Montana for a year or two, and they changed the law. But I bet that's a dangerous road.
Not really. The real danger was introducing speed limits.

http://www.hwysafety.com/hwy_montana_2001.htm
Number #1 in PnL and Pips on Dukascopy Trader Contest since 2011
  • #31
  • May 17, 2010 4:14am May 17, 2010 4:14am
Quoting Xaron
Ouch. But at least we can build cars that don't consume 20 liters per 100 miles.
Hey, no bashing on my Hummer H2 hmm, it's more like 35 litres per 100 miles though
  • #32
  • May 17, 2010 4:21am May 17, 2010 4:21am
Some "interesting" comments here.

I've added an AUD/USD long at 8757 with target at parity as well (size 1,000 units).

I know that there are some guys who compare $100 real money with demo money but I'm not in that camp, even though it won't hurt me if I lose it.
  • #33
  • Jun 1, 2010 5:36am Jun 1, 2010 5:36am
Quoting Xaron
I mean this Euro bashing becomes too obvious. It reminds me on stocks recommendations from daily newspapers. If it gets that far I always know it's a good contra indicator. So now almost every daily newspaper (non financial!) tells about the euro crash. It's the same for Gold. For me a good sign to go long Euro and short Gold.
The market can stay irrational for longer than you can stay solvent.
  • #34
  • Sep 26, 2010 6:45am Sep 26, 2010 6:45am
Seems that you have predicted the right direction in the euro and the aussie. It's not at the levels yet but seeing the buying power of last week I think it's a matter of time.
  • #35
  • Sep 28, 2010 6:46am Sep 28, 2010 6:46am
mid term long yes, to 2, no
  • #36
  • Oct 1, 2010 4:36pm Oct 1, 2010 4:36pm
Maybe 2.00 or near it, it was around 1.6 before the crisis. Some factors have to be fulfilled. On the USA three factors: plenty of Fed stimulus, US debt in market focus and US Unemployment in market focus. In EU there has to be EU wide sovereign debt regulation, tougher EU banking regulation, and big export surplus.

But at 2.00 the EUR is very uncompetitive, export dependent EU members like Germany will want a lower EURUSD rate. I believe that this Euro bashing is a collaboration coming from Germany and Rupert Murdoch Lol
  • #37
  • Last Post: Oct 21, 2010 6:36am Oct 21, 2010 6:36am
Bravo...well done.
U seem to be spot on target
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