EUR/USD - Page 2

Pip's wife · 11-06-2008, 03:03 AM

Well my friend, I have to say that you would need to trust on your own criteria, hopefully you have developed it enough, but basically I would like to recommend for you to use the fundamental analysis, keep track closer on the news also the rates, (I have to say that election’s day has helped the buck to increase). But don’t trust me, trust your experience and use it along some tools like good indicators and probably an EA.

keenmary · 11-06-2008, 09:44 PM

I agree with u, everyone has to trust in the experience have. But keep in mind what the pro brokers say, I mean, they got more years in this market.

wannabedavid · 11-07-2008, 02:27 AM

Maybe an experienced trader can tell you about EURUSD tendency however they’re busy trading. If you doubt you should wait. Suspense can be loss without the proper knowledge

jaxtrevor · 11-07-2008, 03:31 AM

This might interest you fellows trading with the EUR/USD cross.

Today, the president of the ECB said that the Eurozone is going to reach the inflation goal propossed, by 2009, and it seems to be after the bank cut interest rates by 50 basis points.Trichet also mentioned that inflation rates are expected to continue to decline this months coming up, reaching a level in line with price stability during the course of 2009.What matters here is that inflation rate fell down 3.2 percent in last month after peaking at 4 percent over the summer. This scenario makes me feel like i'm buying Euro.

JaxxT

RickyMan · 11-07-2008, 03:48 AM

I’m feeling something like that. Not only Eurozone actions but also the upcoming US economic crisis. That could be reliable. Next step: StopLoss and Take Profit points.

evita · 11-08-2008, 03:33 AM

The EUR/USD market closed today at 1.27142 - 1.27209.
lets wait for sunday...this is being really volatile.

Justin · 11-10-2008, 02:57 PM

as always use, currency first before the amount.

wannabedavid · 11-12-2008, 03:25 AM

Quote:

Originally Posted by evita

The EUR/USD market closed today at 1.27142 - 1.27209.
lets wait for sunday...this is being really volatile.

Expecting more bearish in EURUSD… almost 400 pips in the last 24 hours…I’m so lucky. Now it’s at 1.2526. Volatile always.

RickyMan · 11-12-2008, 04:02 AM

Everything has change. Now ECB is afraid of deflation and they will try (with a good chance) to reduce again interest rates. Before maybe we can think to buy euros, now that’s not a smart idea

Justin · 11-12-2008, 09:05 AM

really! I use to buy euros, where did you hear all about this?