AUTOREFRESH 
Citibank techs take fresh EUR/USD long position
By Sean Lee || November 26, 2009 at 20:47 GMT
|| 10 comments || Add comment
A somewhat brave trade in current market conditions I’d have to say. They are long with a s/l at 1.4950 and a profit target above 1.54. The stop loss only just survived the EUR/JPY sell-off overnight. Personally I don’t think this is a good market to be taking technically-based trades in.
Whilst it’s quiet, Braveheart, a little question.
I’m still a bit of a greenhorn when it comes to options and stuff.
When I looked at the calendar this morning, there was a 700 mill fiber option expiring on Tuesday at I think something like 1.5450, can’t remember now.
Anyway, it’s gone now – how come?
Which calendar you looking at? If it’s American-style option then it may have been exercised in last day or so?
They just papertrade right? I believe Jamie said something like that they most paper trade or so.
No Adje, these are definitely live trades. Some like IFR markets are only paper trades.
Ohw ok. very brave of them.
IFR: I monitored their wretched run of Cable trades during this summer and even though they were paper trades, those IFR market boys didn’t even honour their own stops! Tut tut.
It’s IFR, Sean.
Hmm, now seeing a 700 mill one for Monday 7th @ 1.4545.
Must be me that’s going potty.
Trading cable will do that to you Lilac.
Ha yes
And IFR aren’t the only non-stop naughty boys, are they.
No names, no pack-drills
Bleedin’ fly-by-nights