Retrospective explanations of market moves don’t keep you ahead of the trend By Elliott Wave International On December 27, EUR/USD shot up as high as $1.3283. Forex news headlines were quick to…
Tag: eurusd
EUR/USD: Falling on “Risk Aversion”? Let’s Look at the Timeline First
It’s not the “bad news” from Europe that has been pushing the euro lower May 19, 2011 By Elliott Wave International From the May 4 top near $1.4950, the EUR/USD (the euro-dollar…
Short this Currency Now
Back then, it took several billion to buy a loaf of bread. Another couple billion to purchase eggs, fabrics, sugar – basically anything you needed. The price of everything was doubling almost…
I closed my long EUR/USD positions
Greetings fellow traders. Just an update on my previous trading journal post. I have decided – whether wrongly or correctly – to close out my long EUR/USD positions. Friday the NFP report…
Long EUR/USD – 400 Pips and Counting
Hi everyone. Here is an update on my eur/usd long position I discussed in my previous trading journal update. So far so good I’m up 400 pips and counting. EUR/USD has taken…
EUR/USD is on the move
Greetings. I was thinking of documenting my trades here on the blog in a sort of “trading journal” and this post shall be the first “beta test” of this new idea. Ok,…
Europe Wants a Lower Euro
Hi everyone. I hope you’ve been paying attention to the events surrounding the Greece sovereign debt crisis. Things look to be in pretty bad shape for the European Union and as such…
EUR/USD Breaks 1 Year Low as CDS Rises again on European Debt Fear
Well folks, it looks like the Euro is getting its but kicked by the USD. It seems the safe bet right now is to short the Euro – ie short eur/usd. Here…