EURUSD

Jerries coming in 5 mins

FX: European open; The dollar was mixed in Asian trade Friday, gaining
on the euro but edging lower against the yen. The market was seen
driven by a paring back of recent risk appetite, with a euro-yen sell
off leading moves. The triggering of decent sized stops through Y125.70
took this rate to lows of Y125.32, dragging dollar-yen down to Y92.59
though remained short of challenging reported large bids at Y92.50.
Euro-dollar was squeezed down to $1.3531. Last night's televised debate
of the three main party leaders in the UK was seen favouring the
outsider Lib Dem leader Nick Clegg sparking renewed concern that the May
6 election could produce a hung parliament. Cable traded to a low of
$1.5413 from above $1.55, the move down also aided by the risk paring.
Rates were trading off lows into Europe, euro-yen around Y125.60,
dollar-yen Y92.75, euro-dollar at $1.3541 and cable at $1.5440.
Attention seen turned toward Portugal, now that Greek problems appear
to be on the mend, with ongoing speculation of a China revaluation/hike
in reserve requirement seen boosting risk aversion and benefitting yen.

Provided by: Market News International

1.

Anytime, it's a couple mouse clicks to gin something up if it helps...

One thing I decided is that's a crummy looking "W', methinks it's gone to seed...

I can feel a gap closing move coming..........

G-Man

euro short @3528

I got short at 20 for filling the gap 3500will hedge at 50

Hmmm Having problems breaking the Monthly pivot on my charts 1.3530 for me, it seems

Friday 13th,(EDIT: oops, got my date wrong, think I woke too early) this could turn into black friday for the pound. Just thinking out loud. At a support level and if it breaks, pick your level.

54 pips below 1.3526 as possible hs but veryfull in shorts now , action started & ready to manage trades very fast , mad friday today in real sense.
fontu

was this a ....?

anyone preparing to short cable?

It's a CAT

Not impossible.
fontu

poor little tiger

Good morning Cat !

Good morning traders !


Thank you for your post. Hmm - yes - I am a bit the contrarian at the moment. As long as not crossed below 3505 zone - we could see some bounce there. Though mainly tendency bearish.

I shorted it

Grrr got to learn to keep emotion out of my trades. I take 5 points and miss out on 100 points cos the M1 is bouncing around like a jack in the box.

I am not sure about EUR, be carefully the Bear trap.

she just doesnt wanna come down to close her up have 15,8 as a low so far.