Has anyone shorted the FTSE and EURO

Has anyone shorted the FTSE and EURO

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auditt

Original Poster:

715 posts

190 months

Wednesday 5th May 2010
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Has anyone shorted the FTSE and EURO

ringram

14,700 posts

254 months

Wednesday 5th May 2010
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shorting the euro might have legs, but im not sure about the ftse so much. might be a buying oppo on that soon imo.

ShadownINja

77,369 posts

288 months

Wednesday 5th May 2010
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My plan was to short it against the dollar on Monday morning but I had to go out. banghead

I've been bearish EURUSD for the last 4 months.

ShadownINja

77,369 posts

288 months

Wednesday 5th May 2010
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ringram said:
shorting the euro might have legs, but im not sure about the ftse so much. might be a buying oppo on that soon imo.
Not my style to pick tops/bottoms. Much prefer to determine the trend and ride it. Bit like surfing.

ringram

14,700 posts

254 months

Thursday 6th May 2010
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Good observation Mr Shadow.
In which case perhaps the Euro trend has more to run. ftse might be better to wait out and catch the ride back up!?

ShadownINja

77,369 posts

288 months

Thursday 6th May 2010
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ringram said:
Good observation Mr Shadow.
In which case perhaps the Euro trend has more to run. ftse might be better to wait out and catch the ride back up!?
Euro: I would wait for a rally and short that but be prepared for a change in direction ie use a stop.
FTSE: don't know. I don't trade it. You could be buying at the start of the double dip and be seeing a loss for months.

auditt

Original Poster:

715 posts

190 months

Thursday 6th May 2010
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shadow
i cant surf frown but i think you have summed it up well
the fste seems to have cooled of today
euro seems to be getting a right battering still

auditt

Original Poster:

715 posts

190 months

Thursday 6th May 2010
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FSTE @ MELTDOWN

BLOODYHELL

Yeast Lord

329 posts

175 months

Thursday 6th May 2010
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The pound is taking a hammering already and gold is loaded on a spacecraft to mars, whoever went short here is going to make a fortune.