What I meant by simultaneous was that the two opposing positions are open at any one time - the orders don't necessarily have to be done at the same time - as long as they overlap, you are "hedging", and are bleeding money as a result. Most good ...

Setting up a short as the EUR/USD rips higher

Wow, that is the dumbest statement I have read in a while.

Euro rises to three-week high vs dollar

As I said, I don't want to get into this discussion again, because it has all been done to death several times over. You are an intelligent person, so I would just urge you to look at this from a mathematical perspective, and you will see that ...

Setting up a short as the EUR/USD rips higher

Nothing changes when you do this as opposed to "hedging", except the fact that you pay less in transaction costs. The only thing that matters is your net position. So if you are long 2 lots and short 1 lot, you might as well just be long 1 lot and ...

Setting up a short as the EUR/USD rips higher

You actually think Germany didn't get anything from this project?

Slovak parliament voted NO on EFSF again

So should USD...

Senate Passes Bill to Offset China’s Currency

Aaron, I don't really want to get into it for the 63rd time, but that is not a good idea. You basically just paid 2 spreads to gain no net position in the market. If you think both 1.35 and 1.38 are going to be hit, why not just put in resting ...

Setting up a short as the EUR/USD rips higher

Please say you did not open 2 opposing positions at the same time??? Yeah, EUR notes are going to become a collector's item.

Setting up a short as the EUR/USD rips higher

Of course not. Didn't you know that the news section comments are meant for random price level call outs?

Troika: Greece to get new aid tranche when Eurogroup, IMF approve review

Whose plan? Whoa there, how does "liquifying" EUR bonds drive the EUR up against other currencies?

Fitch downgrades Spanish sovereign guaranteed debt to 'AA-'

Is that what you're telling all the people that just scored a few hundred pips?

Euro Buyers Putting Faith in Wrong Place

I think American leaders do understand supply lines - that's why they are in Iraq and Afghanistan... though their approach could/should be a bit more subtle and less wasteful of both resources and lives. As far as rare earth supplies are concerned, ...

CNN: Currency Confrontation

Precisely, that's why I said earlier: Still a loser though...

CNN: Currency Confrontation

I think we'd better stop basing our trades on what the ratings agencies are saying...

It's time we ignored Moody's, Fitch and Standard & Poor's

Thanks! That's not the hammer I was thinking of (US default) but I agree there is certainly no lack of proof that China is manipulating. On the other hand, so is the US et al. Things could get very ugly very quickly if China is singled out. I don't ...

CNN: Currency Confrontation

AW, I'm curious to know what you consider the "China hammer" that the US is not using? Thanks.

CNN: Currency Confrontation

I don't think protectionism is ever the right thing to do, unless you think the lesser loser is the winner, which is what I think they might be going for - let's collapse the whole thing and pray that China collapses further and faster than we do.

CNN: Currency Confrontation

If you own the house, then you own the house. If you haven't finished paying for it, it's not yours.

U.S. affluent classes dwarf China and India

Yes, if only the Baltic states were all members, then they would be in a position to prop up all of Europe, and restore hope.

EU’s Barroso: We are proposing coordinated action by member states to recapitalise banks

Riots have proven to be good for getting your hands on hard assets.

GBP/USD Crashes as Extra 75 billion of QE Announced in Britain