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EUR/USD - Euro US Dollar

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1.2452 -0.0014    (-0.11%)
1:15:45 GMT - Real-time Data. ( Disclaimer )
Type: Currency
Group: Major
Base: Euro
Second: US Dollar

  • Prev. Close: 1.2466
  • Bid/Ask: 1.2451 / 1.2453
  • Day's Range: 1.2449 - 1.2468
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EUR/USD 1.2452 -0.0014 (-0.11%)
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1 EUR = 1.2452 USD
1 EUR = 1.2452 USD 1 USD = 0.8031 EUR

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Latest EUR/USD Comments

Limp Bizkit
Limp Bizkit Nov 27, 2014 08:29PM GMT
David and rest, do you think that the dollar could be a tool to increase the brent prices? i mean, a stronger dollar would contribute to incrase the brent price in reference to euro, yen, gbp, etc. Under this assumptions, this pair could drop more and more. I am a concerned bullish now!
Edwin Mol
Edwin Mol Nov 27, 2014 08:39PM GMT
Clever thinking Limp, but if you are a bull there are much more reasons to be concerned !!
Edwin Mol
Edwin Mol Nov 27, 2014 08:46PM GMT
I mean look at the Dow Jones & the S&P sky high............, before the end of the year people & investors start to take there profits and its gonna drop like a stone! Draghi Dovish, Yellen Hawkish, inflation & CPI´s in Europe....... etc etc.
Edwin Mol
Edwin Mol Nov 27, 2014 08:48PM GMT
I am a fundamental & mathematical trader and have no clue about indicators, chart & candlesticks.........
David A. Möller
David A. Möller Nov 27, 2014 08:56PM GMT
Edwin I understood a little bit of your dutch post earlier today about an EA. Whats that for EA? with an EA like that you dont need any indicators hehehe... Maybe it could help me as well. Who knows!
David A. Möller
David A. Möller Nov 27, 2014 09:02PM GMT
Edwin: you are mathematical trader because you are not a daytrader but long term trader. And it's good. It's very good to let the math do the work (if you have enough equity of course). Why not. I'm more like a mix of those :-)
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Tarun Kumar
Tarun Kumar Nov 27, 2014 06:51PM GMT
I sold @1.2380. Do you guys think I should cut my losses at 1.2680 or wait. I'm wary that CPI data could set the trend for the day, and most of the EUR countries have shown better than expected CPI seems to positive for the last reporting period. What do you guys think ?.
David A. Möller
David A. Möller Nov 27, 2014 07:38PM GMT
After falling almost 200 pips, just out of curiosity, WHY did you SELL at 2380?? And now if you want to close your position why waiting till 2680?? IF eur reach 2680 then it's time to sell not buy. What I'm trying to tell you is that it all depends on your equity. If I were you (remember it depends on your equity) I would help my sell position, which is on -100 pips now, by opening another one just because of cutting the distance with let say 50% or 25% and would continue do so till they start giving profit. Just do the math and you will find the solution. 100/2 = 50 ... OR 100 / 4 = 25 .... it means you just need 25 pips to go out of the market with 0 profit and 0 loss
Edwin Mol
Edwin Mol Nov 27, 2014 07:54PM GMT
David i sold @1.2370 , hahahaha.....................---))))
Tarun Kumar
Tarun Kumar Nov 27, 2014 07:56PM GMT
I'm sorry, my home computer new keyboard doesn't seem to working quite, that why I mistakenly typed incorrect levels ( a cardinal sin I agree, but I don't trade using this system).. I meant I sold at 1.2430, and should I square it off at 2468 ( sorry again,you can see the HUGE difference this keyboard makes).. . As for your point about equity, yes that is a big constraint, and since I am based out of India, I have 2 inherent disadvantages . . 1. The Indian currency market closes at 11:30 GMT, so I have to speculate on the US data, as I cant open fresh positions when the data comes out at 13:00-15:00 GMT.. . 2. The equity is a problem because to trade this pair I have open positions in USD/INR and EUR/INR and long and short one of them. This creates a big pull on my equity.. . I have just been observing what much more experienced guys here like you and Edwin and Macho( just a few to name) do and your thoughts. Its not a big loss, but I did get my fingers burnt make a few bad decisions before.
David A. Möller
David A. Möller Nov 27, 2014 08:36PM GMT
Edwin you are an exception cuz you have lots of short positions running for you. So what does it matter if you add couple of short more to your basket when you make pips anyway. Plus that you are rich and afford to open new short positions and keep them till they are turning green ;-) ...
David A. Möller
David A. Möller Nov 27, 2014 08:47PM GMT
Tarun: Your question is almost impossible to answer. And the reason is that your trading conditions, as you explain, are quite different than mine/ours. Any answer to help you without knowing the amount of money and equity would be an unprofessional attempt to help you. It seems that you have put all your equity on one single trade and I think it's a VERY dangerous way of trading. Sorry!
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lone ranger
lone ranger Nov 27, 2014 06:02PM GMT
I read somewhere buy @ 1.2496. Ok, if you really want to buy why would you buy there? I dont need convincing cause im selling regardless. Just interested to know where that figure came from?
Edwin Mol
Edwin Mol Nov 27, 2014 06:24PM GMT
Some people are mad............
mevlüt ünlü
mevlüt ünlü Nov 27, 2014 06:44PM GMT
lone ranger
lone ranger Nov 27, 2014 06:44PM GMT
They must be. I just can't get my head round it.
blue joff
blue joff Nov 27, 2014 06:46PM GMT
Wait to cash in on your sell !!!!
Edwin Mol
Edwin Mol Nov 27, 2014 07:16PM GMT
Yes Blue @ 1.18 - 1.20 !
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