The EURO

Quote from Ivanovich:

You sound an awful like energytraderus. Are you sure you're not the same person? Do we need to check ip addresses? :)
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You are crossing the line mr.
 
ANYWAYS....................

Is it going to try to break through and stay above 1.2300 or is this as high as it goes for a while? Maybe the next wave?

-Kastro
 
I have a long position from 1.2277. And now I am waiting for 1.2330/40 to close it today.

Weak data on existing home sales could be a good catalyst for fresh rally.
 
Quote from Digsyman:

I have a long position from 1.2277. And now I am waiting for 1.2330/40 to close it today.

Weak data on existing home sales could be a good catalyst for fresh rally.
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I also thought it might work - but it doesn't.
The number came as I thought - lower than consensus.
There is no reaction on crosses.
 
Tried to enter a buy at 1.2250. The broker covienently went off line for nearly an hour. the Euro immeidately zoomed up to 1.2278. Ugh I hate this crap.

Anyway, I think we are going to see the Euro drop to some where in the high 1.2100's. Depending on condition, 1.2290 might be a good entry point.
 
Quote from Ivanovich:

There's tight Eastern European CB (with some Asian thrown in there) option defense of the 1.2340-50 level. Keep that in mind.
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Funny, but my SL is near above that defense level.
 
Quote from LouDogg:

Tried to enter a buy at 1.2250. The broker covienently went off line for nearly an hour. the Euro immeidately zoomed up to 1.2278. Ugh I hate this crap.
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Ha-ha, at around 9.30GMT not broker but my ISP went offline.
My ISP is so good...i.e. no more than one off per month, that I never thought to find the alternative....should I?:)
 
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