Re: [RT] euro

["EAdamy" <eadamy@xxxxxxxxxxxx>]

Stopped out overnight on gap down at 1.2235. From looks of things, there might be another lick at it in 1.2170-60 range.

 

Anyone doing the Yen? I think JY is fundamentally a good value and the DX/JY correction was relatively minimal. There should be a good long trade somewhere close to current levels. I've taken a couple of quick licks but it hasn't taken off. The Commercials are HEAVILY net long.

 

Earl

----- Original Message -----

From: EAdamy

To: realtraders@xxxxxxxxxxxxxxx

Sent: Saturday, June 18, 2005 7:01 AM

Subject: Re: [RT] euro

Very nice rally Friday.

 

Earl

----- Original Message -----

From: EAdamy

To: realtraders@xxxxxxxxxxxxxxx

Sent: Wednesday, June 15, 2005 11:43 AM

Subject: Re: [RT] euro

Went long Monday at 1.2093, order working to add to longs at slightly lower levels. One of us will be right.

 

Earl

 

----- Original Message -----

From: Ron Jaenisch

To: PrecisionTrader@xxxxxxxxxxxxxxx ; Advanced_Andrews-Babson_A_R_Course@xxxxxxxxxxxxxx ; ARB_PRO@xxxxxxxxxxxxxxx ; lwside1@xxxxxxxxxxxxxxx ; realtraders@xxxxxxxxxxxxxxx

Sent: Wednesday, June 15, 2005 7:31 AM

Subject: [RT] euro

We have what we call a double down today in the euro.
This inidcates that the prices are likely to continue lower for more days.
chart attached
Warm Regards
Ron at Precisiontrader.com

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