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Strategies & Market Trends : Aardvark Adventures -- Ignore unavailable to you. Want to Upgrade?


To: ~digs who wrote (1614)10/5/2005 5:50:51 AM
From: ~digs  Read Replies (1) | Respond to of 7944
 
here is an amazing story about a forex trader
tradeology.com



To: ~digs who wrote (1614)10/6/2005 10:51:41 PM
From: ~digs  Read Replies (1) | Respond to of 7944
 
Euro hits $1.22; biggest 1-day rise in over 3 years
yahoo.reuters.com

The euro traded above $1.2200 on Thursday, posting its biggest one-day rise against the dollar in percentage terms since July 2002 as the greenback succumbed to massive selling across the board.

Traders struggled to pinpoint one driver for the huge moves. Instead, risk reduction in several asset classes, large-scale position squaring ahead of potentially volatile U.S. jobs data on Friday, waves of stop-loss trading and hawkish comments from European Central Bank chief Jean-Claude Trichet are among several reasons being cited.

Late afternoon in New York, the euro was up 1.9 percent on the day at $1.2205 , its biggest one-day percentage rise in over three years.

In nominal terms, the dollar index posted its biggest single-day decline since just after the September 11 attacks on New York and Washington almost four years ago.

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stockcharts.com[w,a]daclynay[pc40!c200!f][iut!La12,26,9!Ll14]&pref=G

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> crystal clear double bottom for eurusd daily
> barring a large selloff tomorrow, bullish engulfing candle on weekly