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- seesaw replied Aug 11, 2008
Oh my goodness, if I hear the words "due for a rretrace" one more time...seriously, we all know it is due for a retrace, the question is WHEN. People have been talking about a retrace like the coming of the Messiah. Oil needs to stabilize ...
EURUSD
- seesaw replied Aug 11, 2008
Spot on. Oil needs to stabilize at $100 or south. Then put your mortgage money in Euros and watch er zoom.
EURUSD
- seesaw replied Aug 11, 2008
Yeah, I think their targets are over ambitious, but perhaps there's some grain of truth to what they're targeting...apparently no one in Australia has any confidence in the economy for the next 1-2 yrs. And Euro is apparently way overvalued.
EURUSD
- seesaw replied Aug 11, 2008
I had an interesting conversation with a colleague of mine who met with some higher ranks from the hedge fund/ finance world in Australia. They are looking at at least 80 in AUD/ USD and at least 1.40 in EUR/USD within the next few months. Now, this ...
EURUSD
- seesaw replied Aug 11, 2008
Why do you care so much? Money is money, whether the EUR is rallying or $. The smart trader will make money regardless of what happens.
EURUSD
- seesaw replied Aug 11, 2008
Today it moved more than 20 pips down. We started at 50+ something this morning.
EURUSD
- seesaw replied Aug 11, 2008
That dailyfx article may have hit the nail on the head. Turning point may be 1.4668.
EURUSD
- seesaw replied Aug 11, 2008
Well now that options have expired we have a better idea of where this is headed...
EURUSD
- seesaw replied Aug 10, 2008
I wouldn't assume that at all. I would short any rally at this point. 1.4668 is my target.
EURUSD
- seesaw replied Aug 10, 2008
Ouch for longs... a big ouch This weekis going to be interesting.

EURUSD
- seesaw replied Aug 8, 2008
Definitely not catching a falling knife! No longs for me for a bit...
EURUSD
- seesaw replied Aug 8, 2008
Read this url The big picture analysis has been spot on but our short term timing has been anything but spot on. The EURUSD coming under 1.5283 satisfies minimum expectations for wave C of IV but expect additional losses over the next few weeks to ...
EURUSD
- seesaw replied Aug 8, 2008
Welcome Pete
I'm a newbie myself. Had a lot of really hard lessons too, bro. Don't beat yourself up --enjoy the madness next weekNo Brainer Trades