OANDA Forex Forum

A history of transparency

OANDA hosts one of the longest-standing forex forums on the web. Since June 2000, our forum has given forex traders a vehicle for sharing views, airing grievances, and learning from each other. Membership in the OANDA Forex Forum comes with searchable access to diverse topic threads dating back to the very first forex forum posts.

Join in on the discussion with fellow OANDA traders by signing in with your existing fxTrade or fxTrade Practice account. If you don’t already have a forex trading account with OANDA, you can begin by registering for one today.


#1 Feb. 10, 2012 14:44:00

marcusvox2
Member
Member #5299
From: Australia
Registered: 2005-02-20
Posts: 6352
Reputation: +  0  -
Profile  

Short the Euro

Short e/u at 1.3262. Hold till EOM. However, equally ready to go long if the euro surges back up early next week.


“That man must be an intellectual; no ordinary person could be that stupid.” Orwell

"Sometimes I wonder whether the world is run by smart people who are putting us on or by imbeciles who really mean it." Twain

Offline

#2 Feb. 10, 2012 14:57:00

Lonestar
Member
Member #9840
Registered: 2006-09-21
Posts: 2125
Reputation: +  1  -
Profile  

Short the Euro

I am closing my shorts before spreads go up later since holding over the weekend is a crap shoot which all the headline risk right now. Anything can happen over the weekend in Euroland to completely change the current bias.


Just because you've made up your mind about something doesn't mean you should stop listening.

Offline

#3 Feb. 12, 2012 02:28:00

rfbt
Member
Member #13583
Registered: 2007-10-16
Posts: 270
Reputation: +  0  -
Profile  

Short the Euro

quote:
Originally posted by Marrcus:
Short e/u at 1.3262. Hold till EOM. However, equally ready to go long if the euro surges back up early next week.

Well, you've already made enough money to have a decent weekend. I mean, What do you want?!

What's EOM?

Your risk is probably up to about .3218 on this trade. If it reaches that level I'd (I'll, I will, me will) slam hell out of it. In other words that's where I will short it.


You are born, you live, then you die.

Offline

#4 Feb. 12, 2012 02:42:00

rfbt
Member
Member #13583
Registered: 2007-10-16
Posts: 270
Reputation: +  0  -
Profile  

Short the Euro

Whoa!! I just took another look at the charts. Not sure I'd do that at all. (Re: shorting it at .3218).

But if you're looking to just scalp it -- of course I would.

But there ya go -- it's all about the time span.

Every trade is a function of Time, Price and Volume.


You are born, you live, then you die.

Offline

#5 Feb. 12, 2012 04:30:00

dvd
Member
Member #4519
From: .eu
Registered: 2004-09-19
Posts: 3107
Reputation: +  0  -
Profile  

Short the Euro

quote:
Originally posted by netgrits:
[ ]

What's EOM?

[ ]

EOM = end of month.


....oooO..............
.....(....)...Oooo.....
......\..(.....(....)....
.......\_).....)../.....
...............(_/.......

Offline

#6 Feb. 12, 2012 08:53:00

Astone999
Member
Member #18833
From: Florida
Registered: 2010-04-12
Posts: 1181
Reputation: +  3  -
Profile  

Short the Euro

Greek Parliament to begin debating at 7:00 AM EST this morning.


"It never was my thinking that made the big money for me. It always was my sitting". Jesse Livermore

Offline

#7 Feb. 12, 2012 16:33:00

marcusvox2
Member
Member #5299
From: Australia
Registered: 2005-02-20
Posts: 6352
Reputation: +  0  -
Profile  

Short the Euro

quote:
Originally posted by netgrits:
I mean, What do you want?!

Everything. [Big Grin]

As Goldy said above, EOM = end of month.

A strong surge north this week would indicate a change of sentiment and go long instead.

But in the absence of that, I will stay short as long as I can bear it ...


“That man must be an intellectual; no ordinary person could be that stupid.” Orwell

"Sometimes I wonder whether the world is run by smart people who are putting us on or by imbeciles who really mean it." Twain

Offline

#8 Feb. 13, 2012 22:07:00

rfbt
Member
Member #13583
Registered: 2007-10-16
Posts: 270
Reputation: +  0  -
Profile  

Short the Euro

'Everything' works! Looking good so far ... [Eek!]


You are born, you live, then you die.

Offline

#9 Feb. 14, 2012 16:46:00

Wow
Member
Member #27411
From: Saturn
Registered: 2011-05-05
Posts: 33
Reputation: +  0  -
Profile  

Short the Euro

watch out, short @ 1.35 - 1.355 it has to go there next days, and major crash begins in March stock markets too

Offline

#10 Feb. 18, 2012 13:54:00

lionsgate
Member
Member #28439
Registered: 2012-01-14
Posts: 41
Reputation: +  0  -
Profile  

Short the Euro

Possible rally in USD/CHF? More uncertainty in Euroland could support the USD for a rally to 100 level as long as 91.00 support holds. Maybe by April? The weekly charts for USD/CHF look like a base has formed. Have an opinion?

[ February 18, 2012, 01:55 PM: Message edited by: lionsgate ]

Offline

Board footer

Moderator control

Powered by DjangoBB

Loading nanoRep