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Posts by "montmorency"

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montmorency
(Abingdon, United Kingdom)
74 Posts by Anonymous "montmorency":
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montmorency
Abingdon, UK
Posts: 610
14 years ago
Jul 22, 2010 23:20
In Thread: EUR
@Ashraf: spot on with 1.2930 today (high of 1.2932 on my chart); kudos.
Hope 1.31xx also achieved (but I know trading is not about hope, etc).
It's looking achievable anyway.

Guesstimate of 1.3150 max.
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jul 21, 2010 19:49
In Thread: EUR
"#euro dropping across board; $EURUSD nearing key support of 1.2770. might see possible retreat here b4renewed gains when bernanke speaks about 8 hours ago via TweetDeck "

19:43 BST EUR/USD 1.2755-1.2756.

I guess he said something unexpected.
http://www.bloomberg.com/news/2010-07-21/bernanke-says-fed-is-prepared-to-act-as-needed-to-aid-u-s-economic-growth.html

"Bernanke Says Fed Prepared to Act as Needed to Aid U.S. Growth"

"Bernanke didnt elaborate on steps the Fed might take as he affirmed the Feds policy of keeping rates low for an extended period.

Also mentioned lower inflation.

hmm.
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jul 21, 2010 11:02
In Thread: EUR
So, why is the Euro selling off at this point?
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jul 21, 2010 8:42
In Thread: GBP
Down with a bang around 8AM BST, then back up. Similar on EUR/USD, to smaller extent.
Any ideas why?
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jul 20, 2010 22:42
In Thread: EUR
http://www.bbc.co.uk/news/business-10683913

"'Crisis? What crisis?' says euro architect"
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jul 20, 2010 22:27
In Thread: GBP
Thoughts on cable at this point? I was convinced it was going to keep falling for a bit longer today, so the V bounce took me by surprised. Anyone think it's going to bounce back in the other direction (from ~1.53) again?
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jul 20, 2010 19:02
In Thread: Gold, Oil & Indices (Equity & Bond Indices)
Good call so far SD.
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jul 20, 2010 17:02
In Thread: EUR
Seems to be finding support around 1.2840-70 zone. Daily trend line holding for now.
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jul 20, 2010 11:20
In Thread: EUR
Looks like strong downward pressure inhibiting further move above 1.3 for the time being.
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jul 20, 2010 7:48
In Thread: EUR
Ashraf's 1.3030 of yesterday _almost_ hit this morning, so good call, just a bit premature.
Fallen back & seems to be consolidating around 1.3007 for now. (~0745 BST)
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