|
|
| Forex Brokers, Articles, Accounts & Releted Topics Discuss Forex brokers, articles, accounts, hours and other releted topics on the worlds largest trading exchange. |
 |
11-19-2007, 07:14 AM
|
 |
Jedi Master
|
|
Join Date: Jul 2007
Location: Italy
Posts: 1,371
|
|
U.S. dollar, "worthless piece of paper."
Iranian President Mahmoud Ahmadinejad said Sunday
Quote:
|
"They get our oil and give us a worthless piece of paper,"U.S. dollar, which he called a "worthless piece of paper."
|
  :mad: (He can talk!!!)
http://money.cnn.com/2007/11/18/news...l.ap/index.htm
|
11-28-2007, 07:45 PM
|
 |
Sept Poster of the Month
|
|
Join Date: Jul 2007
Location: Sheppard and Enoch Pratt Hospital, Adult Crisis Stabilization Unit, Baltimore, MD
Posts: 1,144
|
|
Re: U.S. dollar, "worthless piece of paper."
Quote:
Originally Posted by Ciao
|
Don't pay too much attention to that idiot. He is losing support of the Conservatives in Iran. Now thats bad.
|
11-29-2007, 02:40 AM
|
 |
Jedi Knight
|
|
Join Date: Jul 2007
Location: In the South, down in Louisiana
Posts: 568
|
|
Re: U.S. dollar, "worthless piece of paper."
Notice he didn't bother to say that he happily takes it!
__________________
a signature will be here again one day
|
11-29-2007, 08:52 AM
|
 |
Jedi Padawan
|
|
Join Date: Jul 2007
Posts: 199
|
|
Re: U.S. dollar, "worthless piece of paper."
http://www.dailyfx.com/story/tophead...321181480.html
The upcoming meeting this weekend could set a tone for the future of the greenback...
Let me just say--if they go to a basket of currency and fade the Oil OFF the USD to a basket--say HELLO to 1.50 and potentially 1.55 for the Euro.
FWIW, several pro FX traders I know have been hedging their buys towards a Euro LONG move in anticipation. Now that it has fallen back, the EURO at 1.4750 right now IMO is a good buy..it could see a pop ahead of this into Friday's trading. I would say it could be a good "bet" to take a small careful Long position on the Euro and hold it over the weekend and give yourself a 100 pip spread on a Stoploss.. In spite of the over extended and divergence set ups showing on the Eur/USD lately--we could see a hard move on the EURO in the next 5-7 days in one direction or the other..and I am thinking still it will be to a higher Euro before we begin to see a correction...
FXW
__________________
"Trade Safe, Trade Smart!!" 
Last edited by ForexWolf; 11-29-2007 at 09:10 AM.
|
03-04-2008, 12:46 PM
|
|
Jedi Padawan
|
|
Join Date: Mar 2008
Posts: 91
|
|
Re: U.S. dollar, "worthless piece of paper."
Wow did you fallow through with this, very very good prediction
|
03-07-2008, 10:42 PM
|
|
Jedi Padawan
|
|
Join Date: Jul 2007
Posts: 199
|
|
Re: U.S. dollar, "worthless piece of paper."
Quote:
Originally Posted by Jackson Vile
Wow did you fallow through with this, very very good prediction
|
Yes I did to a degree...but in varying increments since november I held a long postion many times agasinst the USD over and over as it would push higher and then fall back and push higher and then fall back.. As noted--1.50+ in the Euro/USD is not been a surprise... Now Watch--$/Yen will be at 99-100 soon..I thought it would test it today on the NFP but it didn't... At which time when it gets to 100, the Bank of Japan will freak out, adjust policy to not raise their rate, and infuse their banking market with Yen and there will be a run up on USD...
-w
__________________
"Trade Safe, Trade Smart!!"
|
| Thread Tools |
|
|
| Display Modes |
 Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
All times are GMT -4. The time now is 12:50 PM.
|
