FX:EURUSD   Euro Fx/U.S. Dollar
198 4 10
There is a tradition. Once they start talking about Euro-Dollar parity - to buy the EUROS and sell them half a year after. No leverage. Just pure pocket-cash management.


Trade active: lets start the action.
Comment: I didn't hold my position back then in november, but reentered at the same price back in Feb. I still think we are heading up in June-July.

And now fundamentals call for a stong EURO over USD, this process might continue for couple of years and an upside pothential is rather Huge. So, better to have at least 40% of your cash in euros here.
Comment: Choo-choo!
Trade closed manually
Comment: Want to reenter lower.
Comment: Wow. 6 months prediction touched the target. I didn't reenter though..
Indeed...I don't think we'll see it drop just yet, but I also don't know if it'll retest the top of the range. USDSEK already confirmed a long term uptrend signal, and the Euro is very close. I think we'll see a 1 month pullback until December FOMC.
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timwest PRO IvanLabrie
@IvanLabrie, Spot on Ivan. 4-6 weeks lower, then up up up
+1 Reply
@timwest, thanks! :p
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Great perspective and read of the contrary nature of market opinion. Well done!
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