Me too. I like the daily talk regarding actual currency pairs, not so much the currency ETF's. I have an account at FXCM, and anything I can learn here would be great.
Printable View
I'm thinking about shorting EUR/USD again, for a quick trade. When I say quick, I mean in and out within the next two hours.
Attachment 34
Shorted EUR/USD again at 1.3053. Stop at 1.3075.
Shares that were used to short some Financials are being called in. This is causing some short covering. When it's over, the market will tank.
HOLDING FAZ.
If I was home, I would probably add more.
Shorted EUR/USD at 1.3521.
It had a big move today thanks to the Fed promising to buy $800B of toxic mortgages and $300B of long treasuries. Where is the money coming from? This might not even happen. They have been saying they were going to buy treasuries for how long now? And they have yet to buy any.
EUR/USD's rocket shot. Now pinned at the 50%. Should retrace some.
Attachment 40
Still holding FAZ. Bought at $39.88 and $35.00.:(