What would happen if EURUSD reaches 1.000? - Page 3
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Thread: What would happen if EURUSD reaches 1.000?

  1. #21
    If this was the case then I'd bet there would be Europeans residing in Australia because in the moment they are getting very very ordinary returns on there market and on the return people may begin booking regular trips there instead of Bali or Thailand. I couldnt care less to be honest, the key question is first Do you think EUR/USD will see 1.0000 and in case you've got strong faith in the conviction Are you shorting the pair in the moment?????????

  2. #22
    The greater the fall in a bear market the greater the likely opportunity in future bull markets to make long standing profits (and vice versa). Knowing when a market has or is likely to alter long term belief can provide some of the best chances to build strong long term wealth but that's all up to the speculator in us. So seeing 1.0000 or lower you have (as previously mentioned) alot of room south. If you believe it'll go there then you should be short the market EUR/USD until something compels you to modify your conviction. In the end if the market hits 1.0000 or perhaps 1.1000 and you did nothing in between then the odds are you blew a chance.

    The problem is not always in the prognosis, but more in the actions taken with the prognosis. In otherwords it's pointless having a bias and not acting upon it, it's similar to having a good edge but not exploiting it.

    Razor

  3. #23
    I think it's potential. When the right time comes, I will short the market.

    I'm aiming for parity between EURO and USD in 2012. See you there, you have been warned!

  4. #24

  5. #25
    Looks like we're reaching there after all. Late by 2 years.

  6. #26
    Quote Originally Posted by ;
    Good day, I'm new here. I cant post this question in the forum as I'm a junior member here. Anybody with economic and trading experience, please predict/explain what would occur if EURUSD reaches 1.000 at the next 3 decades. Thanks
    Why 1.00? It might reach 0.87 for example as it had been back in 2002? I don't believe anything devastating would happen if eur/usd reaches 1.00. Me and a quite a few additional dollar bulls will make some cash - that is all.

  7. #27
    We will first have a parity party first (a forced smile).

  8. #28
    Quote Originally Posted by ;
    Good day, I'm new here. I cant place this query in the advanced forum as I'm a junior member. Anybody with economic and trading expertise, please predict/explain what could happen if EURUSD reaches 1.000 at the next 3 decades. Thank you
    If it reaches parity I will pull my stop loss in real close , call my bank manager and let him expect a huge deposit from me. The euro will still be admired and life will continue as most folks , businesses and the market could have embraced into the rate. I will likely put in a scalp trade. LOL G

  9. #29
    Honestly, I do not see why the EUR should be of more worth than the USD, but I believe if it reaches parity, then the Euro Zone would as well go the Russia way--begin buying their own currency to prevent further declines. Yes, price limitation could be on the cards.

  10. #30
    I think we'll reach parity by September at the latest. Eurozone has major problems that are not going anyway anytime soon. Wouldn't be surprised to see some nations bailing from the currency within the next few years.

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