Nah... Still long A/J though and E/A. A/J is performing nicely, E/A is kind of stuck but still think it should be a good long term play. Should start picking up once the "fiscal cliff" fiasco starts to show itself again. I'm looking to close A/J at ...

EurAnalysis

Very bad for Bears... Boy am I glad I got out of my NZD/USD shorts the other day! I see .88 next for NZD. 1.08-1.10 for AUD. Not too sure about EUR but probably 1.33-1.34

EurAnalysis

Me too! This was the first thread that I ever stumbled across in Forex Factory and has definitely been the most informative and respectful. Thanks to PT and everybody else who contributes to the EurAnalysis thread!

EurAnalysis

What do you mean by < 1 leverage per position? So you had 70 standard lots E/J longs? But each position was less < 1 right? How does that work? **By the way, congrats on the positions, that is some SERIOUS money!!!!!!!

EurAnalysis

Japanese Yen breaks trend line which lasted for 6 years! image

EurAnalysis

Not too sure about Gold and Commodities collapsing at this time, here's why. We have barely begun to see the real impact — because most of the trillions that the Fed has already printed is still sitting on bank balance sheets. And most of that money ...

EurAnalysis

* The Fed's first round of money printing — QE1 — drove the Dow Jones Industrial Average up 2,377 points over a span of about 16 months. * QE2 was good for just 1,199 points and only about 8 months of rally. The interesting thing there is, all of ...

EurAnalysis

Oil is a volatile instrument, this is not unusual.

EurAnalysis

Oil has barely moved...

EurAnalysis

You're right, all depends on which one moves faster... Anyways, thanks for your take on E/J.

EurAnalysis

I understand. Let me ask you though since I know you are short EUR/USD and are long U/J. Would you long E/J at the moment? Or would E/U fall faster than U/J would rise therefore making it a risky play? Just curious to hear your thoughts on this ...

EurAnalysis

Gotcha, that's what I thought you meant...

EurAnalysis

This is what I mean though: If FED is printing then (for example) AUD, NZD, EUR would/should go up against USD. This would more than likely make any JPY cross pair a viable play due to the BOJ easing as well. Regardless of who is winning between the ...

EurAnalysis

Did you mean risky to SHORT USD pairs at the moment? **I won't touch any USD pairs until after FED meeting anyways, rough past couple of weeks for me...

EurAnalysis

I've been thinking that any JPY cross pair should be good for long term plays and here's why: The FED is going to keep printing money which "could/should" send risk assets higher against the USD. Also, with BOJ weakening their currency through ...

EurAnalysis

You may be right Rekon. Bullish momentum again, possibly due to tomorrow's meeting with the FED.

EurAnalysis

Closed NZD/USD shorts for a combined loss of 180 pips... (will take a look at price action at .85 and .88 if we get up there) Not liking this momentum for shorts against USD. Still long A/J and E/A though...

EurAnalysis

LOL you're hilarious...

AUD/USD

LOL Better late then never... Hahaha

EurAnalysis

My bad, I guess I misunderstood - but you posted: If you want to trade long term for yield then trade this and underneath was a chart of AUD/USD... Relax buddy

EurAnalysis