Observe, Learn, Act

To share and learn trading ideas on stocks, options, futures, warrants, forex, etc ... Mainly dedicated in analyzing Tech

Wednesday, November 12, 2008

The Fall of EUR/USD

I want to point out the recent fall of Euro against the USD, my charting program does not have Forex pairs so instead I will use the ETF FXE.  This ETF long Euro and it is purchased with USD funds, so it is quite similar to EURUSD Forex pair.

Notice at the beginning of August was the time Euro began to fall against USD, the MACD has never come back from bottom of the sea ...




1 comment:

david kong said...

Hi there:

I closed out the position of SRS and PSQ today which entered at 6/Nov....

Have fun.................