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The Grabber

05/10/10 8:02 AM

#31815 RE: karw #31812

Hi Conrad.

My first AIM buy will be at Euro/US$ 1.19 or US$/Euro 0.84

How will the ECB's decision yesterday effect your strategy?
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Conrad

05/10/10 1:01 PM

#31821 RE: karw #31812

Hi Karw,
This afternoon I heard the Euro was "saved" from a further steep decline and possibly it is rising in value again now. If you did get the buy in at 1,19 then you'r hot on it for a rise.

On the volatility. . I thought that is actually a good thing for AIMing, especially in currencies. I suppose if volatility increases sharply the price could drop more than one likes.
I am not into investing now. .no spare money and I follow my own advice: "Don't invest money you can not afford to lose,

May Lady Fortuna be with you, and with all other Aimers!
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ls7550

05/10/10 3:32 PM

#31825 RE: karw #31812

Hi K. RE : AIM'ing currencies

There's potentially large volatility in currencies even at 1:1 scale rates



When you consider that currency trades can easily be extended up to 400 X scaling (leverage) and trade 24 hours, its a very make or break speculative game-play.