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-   -   EURO is way down today... (https://gfy.com/showthread.php?t=787942)

marketsmart 11-28-2007 05:54 AM

EURO is way down today...
 
GO LONG.... will see some nice returns later today or tomorrow....

Praguer 11-28-2007 06:07 AM

I bought at 1.4724 today. I think I can make some money by the end of the day :-)

marketsmart 11-28-2007 06:14 AM

Quote:

Originally Posted by Praguer (Post 13433177)
I bought at 1.4724 today. I think I can make some money by the end of the day :-)

nice.. i am in at 1.472114

i expect to see at least 1.4825 today...

xmas13 11-28-2007 06:21 AM

http://imagecache2.allposters.com/im...er-Posters.jpg

marketsmart 11-28-2007 06:29 AM

Quote:

Originally Posted by xmas13 (Post 13433274)

and why is that? you are so rich that you dont need to invest? or is it you just dont have anough capital to risk a little?

Enemator 11-28-2007 07:52 AM

Way down? :1orglaugh

1 fucking cent :1orglaugh


Some people really crack me up

tranza 11-28-2007 08:02 AM

It's not WAY down.............

pornguy 11-28-2007 08:03 AM

How much did you buy?? More than 10k?

alexxx 11-28-2007 08:29 AM

way down ? we gained almost 13-14 cents in 30 some days ???
It was way down while at 1.34...
now we r just dancing...

JesseD 11-28-2007 08:48 AM

I would short! The US exports are increasing pretty dramatically. This should raise the dollar. OPEC, if it can, will start pumping more gas. Again, raise the dollar. The only thing at this point that could keep the dollar lower is lower interest rates in the US. But even that might not be enough at this point.

ElConquistador 11-28-2007 10:05 AM

yes it is, but the PESO is going strong!

hateman 11-28-2007 10:09 AM

Quote:

Originally Posted by Enemator (Post 13433751)
Way down? :1orglaugh

1 fucking cent :1orglaugh


big pimping :1orglaugh

how much did you kids make? 3 bucks?

:1orglaugh

MaDalton 11-28-2007 10:09 AM

Quote:

Originally Posted by Enemator (Post 13433751)
Way down? :1orglaugh

1 fucking cent :1orglaugh


Some people really crack me up

that depends on much money you have. it might be not much for you, but for others...

marketsmart 11-28-2007 03:43 PM

LOL at all you naysayers... I made $1194 today... Only risking $500... I was in at $100,000 US in Euros at 200 to 1...

Those of you who know forex know we deal in 10 thousandths of a point to make money...

All you naysayers... I am laughing at you all the way to the bank...

I am normally not the type to brag, but so many people here talk shit about financial matters that dont know shit about trading or anything else...

I threw you guys a bone and most of you are too stupid to pick it up...

I know Praguer made money today...

borked 11-28-2007 05:25 PM

http://news.efxnow.com/charts/EURUSD.gif

anarchy 11-28-2007 05:32 PM

That spike at the end of the day was me selling off my dollars

maddox 11-28-2007 05:33 PM

thats great, finally I will stop loosing money because I earn in USD but spend in EUR :)

GreyWolf 11-28-2007 05:41 PM

Quote:

Originally Posted by JesseD (Post 13433956)
I would short! The US exports are increasing pretty dramatically. This should raise the dollar. OPEC, if it can, will start pumping more gas. Again, raise the dollar. The only thing at this point that could keep the dollar lower is lower interest rates in the US. But even that might not be enough at this point.

Ooops! :)

It will take a lot more than "dramatic" exports to resolve the current problem and to even reach the increasing level of imports - and fat chance of that happening to a level which would raise the dollar.

OPEC are not the problem - there is enough gas. Oil is being used in hedge investments because the dollar is volatile. If that element of speculation did not exist oil would be priced around $50-$60 at the moment.

Gutty feeling - the Fed will reduce interest rates before the year end basically as a tool to keep a possible recession at bay. Sure, this may reduce the dollar, but the alternative could be far more damaging.

This is not a problem which started a few years ago - it's a massive problem which started almost 30 years back and triggered by home loans etc recently. It will take a decade or more so see the first signs of improvement - assuming someone actually starts addressing the problem now.

marketsmart 11-28-2007 06:02 PM

Quote:

Originally Posted by borked (Post 13437398)

i got in at $100,000 which is $500 at 200 to 1... @ 1.472114...

my target out was 1.4825, but by the time i got out it was 1.4833....

yes folks, thats .011186 gain to make my money today....

thats what i love about forex....

i am in again right now, but i dont think i am going to get the same profit as earlier today....

Cash 11-28-2007 10:20 PM

1 cent is not way down ...

Chio 11-28-2007 10:23 PM

Quote:

Originally Posted by Cash (Post 13438798)
1 cent is not way down ...

It is in currency markets. I know on some futures contracts a 1 penny move would equate to roughly 5000.00 dollars.

Chio 11-28-2007 10:46 PM

oops that should have been 500.00.

Big_D 11-28-2007 10:54 PM

werd to that homeskillet, headed to the bank now....

Enemator 11-28-2007 11:08 PM

Quote:

Originally Posted by MaDalton (Post 13434269)
that depends on much money you have. it might be not much for you, but for others...


Face it, you have no fucking clue about what I make.

But I tell you this: given the fact that the dollar dropped like 10 cents in half a year I'm not excited when it actually goes up 1 frekking cent for a few hours. Get on with your life.

Talk to me when it actually goes up 5 cents for a few weeks.
And since thats's not going to happen anytime soon: :321GFY


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