EUR/USD to rise sharply soon

This is probably the best time of the year to buy EUR/USD as it will rise sharply very soon because the Eurozone crisis is almost ending and the US getting weak, profits of 1000 pips and more are likely to happen in the next 6 months.

Tags: eur/usd

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Permalink Reply by Lisa on May 26, 2012 at 3:56pm

I think the USD usually strengthens going into a Presidential election, which will be in November (?)

But, I’m not much of a Fundamentalist either.

Having said that, every healthy trend needs a correction (?) ...

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Permalink Reply by SuB Zer0 {FX} on May 26, 2012 at 5:12pm

Do you and Gaffel hang out at the same bar located next to the MIT campus?

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Permalink Reply by Sundaram on May 27, 2012 at 8:21am

You seemed to know where they hang out..must be one of them. :-)

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Permalink Reply by Peter jcp on May 27, 2012 at 10:07am

It's reassuring Pedro to hear from you that "Eurozone crisis is nearly ending " ?

Which papers, web sites, news articles etc have you been listening too ?? ;-)

As a Intraday short term trader I buy and sell the Euro everyday. During May so far it as nearly dropped approx 800 pips - but during that time I have totalled over 200 pips on scalp buys- which you just would not see on the weekly and monthly charts.

Will I be making more buy trades in June than sell trades ???

Well according to you i will do :-)

Have a good week - and are you then planning to buy at 1.2500 - 2400 - 2300 or even 2000 ??