- Search Energy EXCH
- britc17 replied Dec 10, 2008
I still am long term bullish on the dollar. I feel like that isn't the popular theme in this thread, but I am ok with that. There alot of reasons I have to support this speculation, but I just think from an interest rate perspective, that the FED ...
EURUSD
- britc17 replied Dec 9, 2008
I am staying short for now. I see no reason to buy euro ATM. If we get to low 1.28's I may look for a long, but we'll have to see when we get there.
EURUSD
- britc17 replied Dec 9, 2008
I hear yah zapper, and you are probably right, but why is anyone buying the euro right now? Especially this fiercly? I mean I never expect the market to act logically, because that means trading would be too easy, but I still have to remain with my ...
EURUSD
- britc17 replied Dec 9, 2008
By the way, those of you who have kept mentioning the DOW. The euro and the DOW have been tightly correlated recently but that correlation really dropped of last week, so until that correlation returns, be careful expecting those two to run hand and ...
EURUSD
- britc17 replied Dec 9, 2008
No worries on this end. I was certainly not trying to sound arrogant, just give a little validity to my trading experience. The fact is that I DO take losses. It's just not common. In fact, sometimes I think it would be better for me to take losses ...
EURUSD
- britc17 replied Dec 9, 2008
I think that would still kill the euro. I mean I believe this market is interest-rate driven, so a no-cut would lend support, however if they don't cut, things could get ugly. Everything I know about the eurozone right now is NO GOOD.
EURUSD
- britc17 replied Dec 9, 2008
Certainly an illogical market today. My 1.2936 short got closed out at 1.2935. I reshorted at 1.2946. I'm not sure how the euro can sustain such upside against the dollar. Trichet is gonna make a little slip about one or two more rate cuts, and this ...
EURUSD
- britc17 replied Dec 9, 2008
I'm adding a short at 1.2821. I want to be out before 1000 am. This is a high risk trade. Trade at your own risk.
EURUSD
- britc17 replied Dec 9, 2008
BTW.....I'm still holding my short from 1.2936. Will keep an eye out during US news and CAD rate decision, but will probably hold at least through US session today.
EURUSD
- britc17 replied Dec 9, 2008
Well, whatever works for you, works for you. I trade real money. I usually use somewhere around .05% of my account for each trade, and my average return each week is somewhere around 1-3%. Might not be as high a return, but I never expose myself to ...
EURUSD
- britc17 replied Dec 8, 2008
Yes. Most of my trades are swing. Since I use price action, the timing of some of trades are different. Some are a couple hours, some are a couple weeks or even months. I don't use stop losses. I hardly ever close trades for a loss. I am strict with ...
EURUSD
- britc17 replied Dec 8, 2008
I really don't use charts. Not to say I have never looked at chart. I just don't use them in the sense that others use charts. I mean whenever I fall alseep or can't view the market 24/6, which isn't common, I use a chart to see where the price has ...
EURUSD
- britc17 replied Dec 8, 2008
Thanks trade well.... Another big player in the direction of EUR/USD I think will be the Dollar Index. With literally ALL other central banks cutting rates, I don't see how there is anyway this will help support the EURO, but should rather the ...
EURUSD
- britc17 replied Dec 8, 2008
I am new to posting here at Forex Factory. I have been trading for almost 4 years now. I wanted to share my thoughts, mainly because I don't really see anyone else here that sees things how I do. First of all I DO NOT use charts. I don't use lines, ...
EURUSD