One man's journey through The World of Foreign Exchange and Life.
Tuesday, April 24, 2007
Buying Euro's
I just went long Euro's at 1.3623. I am looking for the break to new highs with an eventual test of 1.4000. Weak numbers and general apathy about the markets will support this view I think.
I'm too scared to buy at these levels but all you need is for the current theme to persist and you should be handsomely rewarded.
ReplyDeleteps - I can remember when Euro was below 1.00. Jeez.
I remember the same !!
ReplyDeleteI cut this position on Friday at 1.3622, for the reason's I wrote about on Saturday April 28.
Good Luck