Recent content by yamaha123

So then to reitterate my ignorance...lol If the rate exchange will be 1.30 to 1.35 ish...you would be "shorting" the Euro against the USD. (Transversly, the USD would be appreciating with the Fed rate tightening) Correct?

Right on guys. I think this solves my problem. Appreciate the help.

Fellow Traders- I have been trading on a practice account for a few weeks, and have come across something that I get wrong consistently, and would like to clarify once and for all. Please forgive my ignorance, as I will only ask this ONE time. With FOREX, I like to use a 60/40 split trading...

And because I am ignorant, that means that the USD will appreciate against the EURO, and subsequently, I should take a shorting position (USD will appreciate) against the EURO...Correct?