No doubt, some of you who read this will know about price parity and some won't.
Basically, if the EUR/USD goes beyond $1.50, Europeans would start buying our stocks and our real estate (I am American) and this would pull the EUR/USD back down.
So going long at around $1.50 is suicide. How many times have you considered parity in your trades?
Basically, if the EUR/USD goes beyond $1.50, Europeans would start buying our stocks and our real estate (I am American) and this would pull the EUR/USD back down.
So going long at around $1.50 is suicide. How many times have you considered parity in your trades?