BWilliam
Short

EUR / Short the rallies

FX:EURUSD   Euro Fx/U.S. Dollar
52 1 2
Can anyone argue why the EUR value should rise higher than the world's 1st or 2nd largest economies/currencies? What does the EUR produce that screams buy me!! If it were not for Germany, EUR would probably not be a viable currency. One of these days, Germany will figure this out and maybe they'll decide to leave EUR.

As far as target prices and generating profits... it's simple. You don't loose when you take a profit. As to which fib line or which wave to catch... they work until they don't work. I'm not saying they're not viable tools, but If I have a decent profit on a trade that is not finished on it's impulse or corrective wave or it did not get to the .786 fib... but it's a nice profit, TAKE IT!!!!
So I guess I am wrong, Europe is on an economic tear... it will be the next economic power-house of the world, eclipsing USA, China... even Japan. Everyone wants to own it... people can't get enough of it. Or... wait!!.. the US Dollar is falling out of bed... again. Maybe this is why EUR is rising... (this is exactly why). I guess it is safe to say, at least on a short term basis... fundamentals mean absolutely nothing... U-Gotz!! (eewww...gots). This is all about luck... finding the pattern...finding the method at the right time and get lucky.
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