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rufffen · 02-08-2006, 09:49

Positioning before ECB/BOE/NFP:

The positions got caught in the range at this stage, however since I expect negative results of ECB and further slide on EUR USD prior to NFP on Friday, Id advise to hold positions with indicated stops.

Looking for possible entries post-ECB and NFP, absolute best SELL zone on EURO is 2890-2940, and BUY ZONE is 2440-2520 if we break 2500 and 2550-2590 if the rates fails to break that area.

02-08-2006, 09:49	#132
rufffen Zone trading Join Date: Jun 2005 Posts: 1,058 Downloads: 2 Uploads: 0 Rep Power: 5	Re: EUR/JPY CYCLES UPDATE Part1 Positioning before ECB/BOE/NFP: The positions got caught in the range at this stage, however since I expect negative results of ECB and further slide on EUR USD prior to NFP on Friday, Id advise to hold positions with indicated stops. Looking for possible entries post-ECB and NFP, absolute best SELL zone on EURO is 2890-2940, and BUY ZONE is 2440-2520 if we break 2500 and 2550-2590 if the rates fails to break that area. __________________ rufffen XAU spot gold and majors trades(click) trading zones for the month of April 2008.(click) trading zones for the month of May 2008.(click) 2516 pips trading one lot in April 2008.