Re: Giving the long dollar trade another try
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It sounds like you're fishing for a bottom.
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After thinking about the currencies and how to trade the euro, and reading a post that Mr. Now made, I think it is best just to see the trend and go with it, rather than against it. Until you can be told otherwise, I'd stay with the trend.
I've sent up a demo account with FXCM taking some very small positions and although it's fake and probably doesn't mean anything, I'm up a little over $2k on $50k of playmoney. Ignore that because I know it doesn't mean anything. What I am trying to say is that it's best to just go with the trend.
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