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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:
EUR
Discuss EUR in this thread
I guess we have to expect mighty choppy mkts until this greece thing is settled one way or the other so profits we seek must not turn into losses we do not seek. So well done jacek and others scalping this mkt with tight risk control.
current Euro move translating into Euro bulls not giving up so easily.... becoz below 4073... bears would've taken control....
next round of fight will come around 4260/80 level... coz... if Euro manages to break above 4306... i'd say bulls will take back control and head to 4520/50 at least....
failure to break above 4280 and we will see euro pullback to 4140/50 again.. and Euro will be back on the defensive again...
play the range for now at 4120~4280 and see which side it will break....
gl/gt