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Mid-East buyer swoops in on dip in EUR/USD

By   || June 18, 2009 at 18:17 GMT
|| 6 comments || Add comment

Dealers report heavy buying by a Middle Eastern account from the 1.3870s up through the 1.3895 level. This account is not seen often but tends to be influential when he trades.

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6 Responses to “Mid-East buyer swoops in on dip in EUR/USD”

  1. Blackday on June 18th, 2009 18:21 GMT

    Must be Jamie’s little ‘un standing in for pops! tHaNKyoU ;)

  2. Jamie Coleman on June 18th, 2009 18:25 GMT

    Blackie! Where you been, Brother? Was worried you’d defected to some other on-line clambake…

  3. Blackday on June 18th, 2009 18:42 GMT

    No trading for me until the vicious lashings stop and the market finds some semblance of decorum. I really don’t need penance. That’s not to say I don’t check back in each day for my fix, you know ;)

    I’m trying to work out how I can take advantage of the volatility without losing my shirt, trousers, underpants and marbles.

  4. Jamie Coleman on June 18th, 2009 18:45 GMT

    Might still have a few pair of FX briefs around, if you find yourself in need…

  5. Michael Miller on June 18th, 2009 19:18 GMT

    Blackday, no trading on the retail data this morning? That, along with today’s US data were good trades! Check out the 50 sma trading in the hourly I was talking about. I’m trying to steer clear of the noise within it. Don’t feel bad. I nearly drug myself out to the front yard and kicked my own as* after last week.

  6. Blackday on June 18th, 2009 20:22 GMT

    ROFL! Stoned with the gnomes, Eminem? I’ll have a look at that 50 SMA you mentioned, maybe it’ll fit into the CCI 50 I’m looking at. Cheers.

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