i have been away from my computer, which for me is not a bad thing,i got stopped on CAD trade last week but still have a long going on the EURO,
yeah Peat 1.48 is looking a little closer at present!
cheers
roddy
Yes, the last 3 hours or so have been quite strong...
Would like to see EURO brake 1.48 level,i might just need to be patient though it is showing some strenght just at present!
heres something interesting
i have read Bloomberg has an article on how most financial markets "have it wrongThe article quotes the Merrill Lynch Chief Economist, Klaus Baader, as saying Trichet is NOT about to cut European interest rates. The headlines are seen as Euro supportive!
thanks for your post on this one DB, your initial 400+ pips has been met and i am still in the trade, now looking for a test of ARCO,S 1.53 levels as per his post 555
Originally Posted by dumbass
just looking at euro again there is a good risk reward trade to add long with stop loss to 145 70 (hammer) on hourlys
currently risk 70 for 400+
assuming your a bull (which makes sense for the direction to trade)
it seems prudent to just keep on moving stops up rather than setting any targets
as the way the market has moved in the last few days , i would have closed way too early
currently running long eurusd gbpusd euraud
short usd cad
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