Post ZEW - Oi Franz - "Take Me Out"
So a few weak stops got done in EUR/USD post the ZEW (German sentiment weak, overall a bit more mixed). Then Franz starts talking about having a feeling the ECB are going to hike and boom! - 1.56 trading again.
Have had three different mates at three different banks now remind me that 1.5650 ish is where the 50% fibo retrace comes in for the move down from the all time highs to the recent sub 1.53 lows. Price action in last couple of days around the 38.2 level has already been interesting.
Want to post a chart as an image in this blog, rather than an attachment - if someone could quickly PM me it would be appreciated.
GJ
p.s. did even s single soul pick up on the clever music joke in the title? Soultrader? Wasp? Anyone?
Have had three different mates at three different banks now remind me that 1.5650 ish is where the 50% fibo retrace comes in for the move down from the all time highs to the recent sub 1.53 lows. Price action in last couple of days around the 38.2 level has already been interesting.
Want to post a chart as an image in this blog, rather than an attachment - if someone could quickly PM me it would be appreciated.
GJ
p.s. did even s single soul pick up on the clever music joke in the title? Soultrader? Wasp? Anyone?
Total Comments 3
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Yes, I'm just a cross-hair
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P.S.: I picked up the clever music joke, but you never spotted it, did you?
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Sorry - yes you did indeed. Will do more in that vein then I guess.
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Recent Blog Entries by GammaJammer
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