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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:

EUR

Discuss EUR in this thread
 
Machiavelli
Posts: 113
13 years ago
May 4, 2011 14:46
Good day all,

Interesting developments in eur/gbp. This past 1 1/2 weeks there was a phenomenal amount of money flowing into eur from gbp. No surprise that it broke the .9. Coupled with further rate hike chatter in eur, the break of 5150 is imminent. The real resistance will be .5285. If 4880 breaks, 4650 is solid support. But as long as widening rate differentials favor eur, we'll see those 50s, even 60s.
Sir Ignore
United States
Posts: 3068
13 years ago
May 4, 2011 14:42
No traderz..must be in Ashraf' new forum, where I was invited, naturally..

da groupa bery nervus now wid dan dada out in da gulf...
pre oiled fish...and rum..

latr bwoys..
Sir Ignore
, United States
Posted Anonymously
13 years ago
May 4, 2011 13:59
Hello traders..have a good day..have an appleton...

Dave..they are sailin morgan out of kingston for negril today..
had some touchup...I know she missies mi..



Sir Ignore
United States
Posts: 3068
13 years ago
May 4, 2011 13:53
wow jacek..440 pips in 2 days......you wouldn't be spoofing a lil would you sonny..lol

don't embarrass yourself.....power of range trading..and if you don't 'blow your own trampet'..what DO you blow?
Haseena
London, UK
Posts: 16
13 years ago
May 4, 2011 13:44
About time it pierces through 1.5056...
jacek
Australia
Posted Anonymously
13 years ago
May 4, 2011 13:33
oh well.. was good while it lasted.. I guess once it become an official rumour it was finished.. now it looks like 1.4950 dnt structure boundary in play..
jacek
Melbourne, Australia
Posts: 2579
13 years ago
May 4, 2011 12:26
rumour has it this range pips making opportunity in euro expires Friday.. enjoy while it lasts..
jacek
Melbourne, Australia
Posts: 2579
13 years ago
May 4, 2011 4:51
lots of luck?.. yes it might have been in hitting that 1.488 high last week early in asia .. much less so after that..

fyi

..now at $1.4782, with dealers saying the move was an extension of
the pair's recent range-bound consolidation, within the established
$1.4750 to $1.4890 band. These are likely to remain intact today, no
sign of any major flows to break either way, MNI techs show immediate
resistance at $1.4904/10, the high of Dec 2009 and the daily Bollinger
band top, respectively.
Sir Ignore
United States
Posts: 3068
13 years ago
May 4, 2011 3:45
lol
jacek
Australia
Posted Anonymously
13 years ago
May 4, 2011 2:06
don't want to blow my own trampet (like some out there do:-) but here are my eur range trades over last couple of days: LR @ 1.477 & SR @ 1.488 for total 440 pips in 2 days.. power of range trading for you Sir one should not Ignore..