Comments on: EUR/GBP, EUR/CHF maintain bullish momentum

By: Lam-Son

Lam-Son — Tue, 15 Jan 2013 05:28:44 +0000

got it, thanks Sean

By: Sean Lee

Sean Lee — Tue, 15 Jan 2013 04:43:16 +0000

Hi Lam-Son, well done. Maybe take partial profits as we could see 12225/12500 ish range over next few days but danger still to topside imho

By: Lam-Son

Lam-Son — Tue, 15 Jan 2013 02:11:22 +0000

Hi Sean, I am winning 160 pips on the EUR/CHF pair. What would be exit points of this trade do you think?

By: majimaji

majimaji — Mon, 14 Jan 2013 22:06:55 +0000

there were middle eastern names selling cable today. any idea who?

By: Sean Lee

Sean Lee — Mon, 14 Jan 2013 20:59:43 +0000

Morning Milan, I think the market has totally missed this move and we will be at 128 very quickly, barriers or not. Plus big players aren’t stupid and won’t defend levels in face of a strong trend. Option players were big buyers over last 24 hours and I think many have been caught with lop-sided books

By: Milan

Milan — Mon, 14 Jan 2013 20:52:33 +0000

Hi Sean,
Barrier options at the upcoming big figures could be an interesting factor. Perhaps good to buy on dips and, if profitable, add slightly above the next big figures to take advantage of the probable momentum ignition by option players? Haven’t heard any barrier rumours yet, but I can imagine EUR/CHF was an attractive instrument for exotic derivates traders. What do you think about this?