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    • Xaron replied Jul 20, 2009

      No, I think we'll see a nice short squeeze this week in the stock markets (which will drive up the currencies) followed by a hard drop.

      EURUSD
    • Xaron replied Jul 20, 2009

      Jesus! Are you long Dollar? There is no single reason for the Dollar to gain anymore. It's almost IMPOSSIBLE to pay all the debts back they made. All this "everything is alright because there are enough buyers for US treasuries sh1t"... I ...

      EUR/USD going to fall BIG
    • Xaron replied Jul 20, 2009

      Because it goes up. TP this week (yes, THIS WEEK *g*). We might see levels up to 1.45 then a big drop to about 1.37/38 and then new highs by the end of the year (around 1.50+)

      EURUSD
    • Xaron replied Jul 20, 2009

      Yes, that was tough indeed. I was somewhat sure that it won't go deeper because of the very bad expectations about the earnings. If I use that much leverage I always use stops for the big blocks. My stop in the Aussie was at 0.7685, for the Euro it ...

      From 10k to 1 million...
    • Xaron replied Jul 19, 2009

      The fundamentals are against your dream, that's for sure. We might see some Dollar love again which could lead to low 1.3x max(!) but those levels will be bargains. Personally I would buy everything below 1.38 and would almost go all in at 1.37 ...

      EUR/USD going to fall BIG
    • Xaron replied Jul 18, 2009

      You might know that I have a slightly different view on this. 1st: Every trade is a losing trade in the beginning. There is nothing wrong to add to a position (in both ways!) as long as you keep an eye on your risk. Cost averaging is a very ...

      Money Management / Position Sizing