Comments on: EUR/USD: Weak trailing stops triggered below 1.2850 https://fxww.com/eurusd-weak-trailing-stops-triggered-below-1-2850/ The Professional Source Wed, 10 Oct 2012 23:12:45 +0000 hourly 1 By: Sean Lee https://fxww.com/eurusd-weak-trailing-stops-triggered-below-1-2850/#comment-1282 Wed, 10 Oct 2012 23:12:45 +0000 http://fxww.dreamhosters.com/?p=1338#comment-1282 Thanks Ivan, excellent points re election and bailout. I agree it’s starting to feel a bit heavy but I’m not sure we will get a big break anytime soon- too many big bids 12800 and below. I still favour range trading for next few months but gun to my head, I’d rather be short than long at the moment

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By: Ivan https://fxww.com/eurusd-weak-trailing-stops-triggered-below-1-2850/#comment-1281 Wed, 10 Oct 2012 23:02:45 +0000 http://fxww.dreamhosters.com/?p=1338#comment-1281 sean, spain has regional elections in galicia the 21st, a stronghold for partido popular – spanish ruling party – and they are unlike to sacrifice askign for an ‘unpopular’ bailout before that date-… there is still minimum 7/8 trading days till then… room for euro downside range break? risk certainly increasing… On the flip side, 18th this month they might be forced to ask at the EU summit but with german reluctant… i doubt… not an easy puzzle to put together… is it? 😉

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By: Jason Jin https://fxww.com/eurusd-weak-trailing-stops-triggered-below-1-2850/#comment-1280 Wed, 10 Oct 2012 22:43:08 +0000 http://fxww.dreamhosters.com/?p=1338#comment-1280 Seems to be a typical over-reacting to downgrades which essentially is not new information.

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