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Strategies & Market Trends : LET'S PLAY IN THE FOREX..AND NOT GET LOST! -- Ignore unavailable to you. Want to Upgrade?


To: Spark who wrote (60)3/19/2007 9:04:06 AM
From: CapitalistHogg™  Respond to of 247
 
delete



To: Spark who wrote (60)3/19/2007 6:41:07 PM
From: Spark  Respond to of 247
 
eur/usd..that short was ok for a few pippolas..next short set at 1.3275..or a long at 1.3320 for few..



To: Spark who wrote (60)3/19/2007 7:32:11 PM
From: RockyBalboa  Read Replies (2) | Respond to of 247
 
GBP/USD loaded dice. Recovered the knee jerk reaction and could rise on a EUR/GBP reverse. Meaning, it could try to regain 1.96 then march towards 2.00. For now it seems to win the 1.9425 battle.

This only works on negative USD sentiment, ie, EUR not reversing course. Some macro news within the U.S would certainly help the case.

The carry trade unwinding which contributed to the JPY/GBP recovery nearly tanked the pound but it did not suceed.