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Replies to #5864 on FOREX TRADERS
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ultimatepick

12/28/06 11:47 AM

#5865 RE: Ataglance2 #5864

I guess you would be one of these dudes. LOL!
Sorry for your loss but it is damn funny.

[16:43 EUR/USD: Bouncing Off Lows and Sovereign Bids Ahead Of Stops] New York,
December 28. EUR/USD has bounced back up to 1.3150 after a second downside test
which failed this time at 1.3134. Dealers reported running into sovereign names
on the machine between 1.3134-37, however they also caution that decent sized
stops are located around 1.3125-30. Traders report little rhyme or reason to
current fluctuations - and it seems that "go with the flow" is today"s mantra.
There still seems to be good supply at the 1.3150 level, rumoured to be some
longs caught in the US data blast trying to contain losses.