magik

EURUSD LEVELS and POSITIIONS

Short
FX_IDC:EURUSD   Euro / U.S. Dollar
Somewhat top heavy. Some silly longs trapped above 1.1350 thinking they were chasing the bears around. Above 1.1450 area this puppy could rip a few hundred pips very quickly as big stops get tripped.

Levels:

BIG STOPS TRIGGER ABOVE 1.1450

SELLERS 1.365-1.1450.

BUYERS 1.1190 - 1.1250 (heavy around 1.12 )

BUYERS 1.1100 -1.1120

BUYERS 1.10-1.1050

I am holding short over the weekend.
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