The EURO

I closed because my money management plan told me to close them

I still see EUR/USD going down towards 1.19-1800, but for now, I will just watch.

Good luck to everyone,
-Kastro

 

Well, I thought that it might stall a bit at that point. So, might as well take the $$$ while its there and wait for another opportunity to short. Of course as I type this the Euro has hit 1.2038 and is probably heading for the high 1.19's tonight.

 

I need some advice on how to follow ECB (and other Worldly announcements) more on a real time basis. I don't trade based on what they say, but the lack of information that I have is pretty bad.

I listen to Bloomberg, but this is terrible for real time. I subscribe to IFR news. How do you guys do it? Guess I am missing something with all this.

Thanks.
DRT

 

Simply go to ECB official website. They provide live webcast of the press conference.

 

What time is the news out Re: intrest rates in ECB? what time EST

Thanks

 

Thanks. I guess I was looking for more than just the ECB news, but I did not realize they had the webcast as an option.

Appreciate this!!!!!

 

eurusd
2/2/2006 17:55 1.2205 1.2070
2/2/2006 20:19 1.2236 1.2099
2/2/2006 22:43 1.2272 1.2135
2/3/2006 1:07 1.2314 1.2175
2/3/2006 3:31 1.2361 1.2221
2/3/2006 5:55 1.2417 1.2276
2/3/2006 8:19 1.2480 1.2338

I bought some

 

Short EURUSD at 1.2098 in the Asian market today because if you can't beat them, then join them. Stop now placed at entry point.

 

EUR/USD - took profit at 1.19671 from a long position at 1.18998

Take care,
-Kastro

 

Can one of you more knowledable guys help me with understanding the logic behind option expiries. I am aware in general that price action is drawn to these levels prior to expiry, but I really do not have a firm understanding of what is going on at a higher level

For instance, this morning it sure seems a firece battle is occurring over the 1.1900 level. I am continually amazed at the amount of $ or Euros it must take to manipulate these levels, but with that said it sure happens all the time.


I think the NY cut is at 10:00 AM EST. If I hold a 1.1900 option what does this mean? And who is trying to make sure I am not successful in my option play?

DRT