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Friday, October 20, 2006

van Gecko 14:20 GMT October 20, 2006
vely nice bull trap indeed..
sharks now starting their pre-weekend feast party..
cheerios..

euro @1.2610 gbp @1.8810

van Gecko 12:07 GMT October 20, 2006
Oil man 11:41.. or it could be the other way around..:) pulling both euro & gbp for a swim down the English channel..
watch .6680 like a hawk..@_@

Cannes Oil man 11:41 GMT October 20, 2006
The GBP$ is stretching via Eur/GBP to pull Eur$ upside once it has peaked.
Watch 1.2726 tonight €$.

Cannes Oil man 11:07 GMT October 20, 2006
van Gecko 10:57 GMT October 20, 2006
I see what you mean, however a good bull trap might be setting up , with 1.2808 high (The magical line that worked on 1.2828 is now standing there),then the next big move down, when the panic , and euro bullish sentiment picks up again, it goes down..


van Gecko 10:57 GMT October 20, 2006
Oil man 10:43.. imo euro 1.2650/80 if seen is an over-shoot under the prevailing market dynamics.. a multi bar impulsive take-out of the snoozy euro 21 week ma suggest the market kinetics has changed..
gl..

Cannes Oil man 10:43 GMT October 20, 2006
van Gecko 10:38 GMT October 20, 2006
High chances we will be given a chance to short 1.2808 , for the next move downwards.
gl gt

van Gecko 10:38 GMT October 20, 2006
For those thats still thinking "range", a market that had been locked tight in snooze for most part of the year rarely give up confirm breaks.. the Dollar vs the CHF & Yen had took out their 6 months range highs.. whereas the s/t picture for the lagging Euro is always a bit distored due to the overwhleming number of bulls buying at dips & piling into peaks hoping for an mid-term extension from the present historically over-stretched levels..

van Gecko 09:55 GMT October 20, 2006
Eur/gbp below .6700 may put a damper on the current euphoric celebrations for Euro & cousins..
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