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Cititechs in form and long EUR/USD

By Sean Lee  || February 9, 2010 at 22:58 GMT
|| 7 comments || Add comment

I don’t care how people pick winning trades, I always like to go with the people who are picking winners. Momentum is a great thing. Cititechs have been picking this EUR/USD move as clean as a whistle and I now see that they went long overnight in the mid 1.37’s with a stop below 1.3550 and a target at 1.42ish.

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7 Responses to “Cititechs in form and long EUR/USD”

  1. simon on February 9th, 2010 23:09 GMT

    seriously , more often than not i have seen cititech stop out on the same day ….

    they obv dont have thier own money in thier trades … or do they

  2. kensai on February 9th, 2010 23:11 GMT

    Sean is there a place online where Cititechs post these calls or those are Internal for their clients?

  3. Peter on February 9th, 2010 23:13 GMT

    I got long EURUSD at 1.3630 (Monthly Support 1 Pivot), took half off around the 37 figure. Guess I’ll be holding onto this other half a bit longer :)

  4. Sean Lee on February 9th, 2010 23:13 GMT

    It’s for their clients Kensai, we just hear about it

  5. Sean Lee on February 9th, 2010 23:13 GMT

    Nice trade Peter

  6. kensai on February 9th, 2010 23:16 GMT

    Thanks Sean.
    For what is worth I found this while checking online:
    https://www.citibank.com.hk/HKGCBContent/pdf/Dailycommentary.pdf

  7. lilac on February 9th, 2010 23:21 GMT

    I see that following a more hawkish Chinese stance and interest rate call revisions, HSBC have brought forward the timing of their CNY appreciation call to Q2.



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