Forex Traders

[fab]

Any forex traders here? Please post your thoughts.

 

[Luc]

short the euro

 

[fab]

short the euro

I assume you're talking about EUR/USD, which were my thoughts as well, but I see it seems to be rebounding. The GBP seems to be the same.

 

[Luc]

rebounding? it dropped another $0.01 vs dollar this morning. Was $0.80 yesterday at close, it's $0.81 now. was $0.78 last friday.

 

[fab]

rebounding? it dropped another $0.01 vs dollar this morning. Was $0.80 yesterday at close, it's $0.81 now. was $0.78 last friday.

Well, it shot up right now, don't know what happen. It passed 1.25. I was considering shorting at 1.23.

---------- Post added at 01:22 PM ---------- Previous post was at 01:21 PM ----------

It's totally shot through the Bands.

 

[Luc]

damn! i was hoping to visit europe cheap

 

[fab]

damn! i was hoping to visit europe cheap

Do you know what's going on?

 

[Luc]

The same thing that's been going on for the past 2,000 years. The never ending cycle of up and down....

 

[fab]

The same thing that's been going on for the past 2,000 years. The never ending cycle of up and down....

LOL.
WORLD FOREX: Euro Bucks Anti-Risk Sentiment; Gains Vs Rivals - http://online.wsj.com/article/BT-CO-20100520-711862.html?mod=WSJ_latestheadlines
2.5 + cents in 2 hours

 

[Luc]

It's still at an 18 month low. I'm betting is that it will continue to drop