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Thread: Sell Eurusd 1.4740

  1. #1
    In Profit DollarBull's Avatar
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    Default Sell Eurusd 1.4740

    There has never been a time when EURUSD had a ten day bull run. That time is now, and which means EURUSD is headed to a huge fall from this point onwards, or else it will be making a new history. I will go with SHORT recommendation. Target 1.4300 or lower.

    Buy USDJPY
    Buy USDCHF
    SELL EURUSD
    SELL Gold
    SELL NZDUSD
    SELL AUDUSD
    SELL EURAUD
    SELL EURGBP
    BUY AUDCHF
    BUY GBPCHF
    BUY GBPJPY

  2. #2
    Elder Analyst
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    Default

    there is always a chance to make a new history, so, just because 10 daysrun, it can go higher, though i mainly agree, but not based on this 10 days....after all EURUSD was indeed 1.60 around, so, how to say it cant or wont go there again.
    timing is may be more critical than the price itself alone. for example: should you sell and has a 40-50 pips Traling SL you are out now, with generally nothing....nothing the sort of 1.43...

    but again, there isnt question about the short, only i dont use a 10 day run to justify it alone.

  3. #3
    In Profit DollarBull's Avatar
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    Default

    Just wanted to revise/update the recommendation -

    SELL GBPUSD (new recommendation)
    SELL/FLAT GBPJPY, GBPCHF (Revision, since GBP is now in SELL mode)

    The recent BoE comments on not intending to adjust interest rates in near future will mostly kill GBPUSD in coming months and it may be back to 1.40 or lower! This is a golden chance to make a decent profit.

    Also IMF is planning to sell Gold now. This will bring gold value down. So, dont go long in Gold or sell.

    Quote Originally Posted by DollarBull View Post
    There has never been a time when EURUSD had a ten day bull run. That time is now, and which means EURUSD is headed to a huge fall from this point onwards, or else it will be making a new history. I will go with SHORT recommendation. Target 1.4300 or lower.

    Buy USDJPY
    Buy USDCHF
    SELL EURUSD
    SELL Gold
    SELL NZDUSD
    SELL AUDUSD
    SELL EURAUD
    SELL EURGBP
    BUY AUDCHF
    BUY GBPCHF
    BUY GBPJPY

  4. #4
    Moderator cool user Resolve's Avatar
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    Default

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