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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
The outcome of such net short net long was different and depends on the price of EUR in USD and on USDx.
2008: Euro traded in a range from 1.4380 to 1.4950 broke out to 1.6020
2009: Euro traded in a range of 1.4625 to 1.5150 broke down to 1.1900
2010: Euro traded in a range of 1.3700 to 1.4280 broke down to 1.2870
Most likely for a mid term trade
short EURUSD 1.4 to 1.41 with sl 1.43
tp 1.35, 1.34, 1.33
if crazy kangaroo..then don't trade..40xx might be whole diff story then and if..
gl
ignore u play usdchf? As i say to subway will look for shorts in eurusd 1.4025 or above if mkt starts moving like crazy kangaroo!!!
3850 and 3830 caution...
go out of swiss bank accounts and will buy USD. So watch USDCHF. One could go long now @927
with 30 pip sl