鲜花( 4348) 鸡蛋( 18)
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发表于 2010-3-31 12:52
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本帖最后由 紫光 于 2010-3-31 13:55 编辑
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% z8 [! n6 ], x( uBRIAN-某首席专家刚刚发的推荐也是卖欧元。和我1楼的建议有些相似,因此有点危险。因为他去年到今年错了太多次了。: I4 c5 y% v! e/ W
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Selling EUR/USD on the correction3 \- ~- s- v, i* x3 C: e
' _ O7 t+ P7 JPosted Wednesday March 31, 2010 1530EST
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EUR/USD
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1.3380 Low since correction began
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1.3260 Lowest for the current decline; 1.3240/50 key Fibonacci support
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Resistance
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1.3571 21-day simple moving average7 |& L6 j# z. w/ I) w; Q% R
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1.3630 Broken bear flag base; primary down trend line" }' U. y) u# i( T8 O& q: W1 B8 [
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1.3740 55-day simple moving average; Ichimoku cloud base, moving lower
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Comments
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EUR/USD is currently in a correction phase following the European accord on providing support to Greece. However, Recent poor demand for Greek debt along with sharp increases in credit default swaps for Greece, Portugal and Spain, suggest that European credit/deficit concerns are still with us. The strategy this week seeks to use the EUR/USD correction higher as a selling opportunity. The risk to the strategy is that European credit concerns recede again in the weeks ahead, and EUR/USD recovers further. The start of a new quarter and the potential for a solid US March NFP this Friday may also see risk appetites surge higher. If so, then EUR/JPY and other JPY-crosses could lead to a larger rebound in EUR/USD. For these reasons, we will keep a relatively tight stop loss.
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The strategy this week will look to sell 50% of a short EUR/USD position at 1.3570 21-day moving average and the second 50% at 1.3650, just above key daily trend line resistance, for an average short rate of 1.3610. The stop loss will be at 1.3750, just above the 55-day mov. avg, for a total risk of about 140 pips. The take profit objective will be for half of the resulting short position at 1.3250 Fibonacci support and the second half at 1.3050, ahead of the key 1.3000 psychological level, for a potential gain of around 450 pips. Lower the stop loss on any short position to 1.3450 if below 1.3380 at any time. |
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