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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
Will it aim for around 0.9165 region, which happens to coincide with 1) upper bollinger band on the weekly chart plus 2) 23.6% on f-retracement between June 09 low and Oct 09, 3) plus the Nov 09 high. Does it have legs to breach this? If it does, would it aim for the Oct 09 high?
Had a small old underwater long position that I closed today for a 5 pip loss, only to see it climb another 35 pips or so :-) [I thought it was just about to turn round and head south, to I took my opportunity). Still, it was worth the actual plus potential pip loss to get shot of it, to be honest.
you think the eur/jpy finished down trend
thank for your answer
I'm impressed by EUR/GBP! (but in the current climate I would _not_ attempt to predict further moves; if you twisted my arm I'd say get ready to short it, but I won't be doing).
this projection for european session looks plausible?
Rally? It's already rallied 200 pips off it's lows two trading days ago.