Re: Back to the well once more...long dollar
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Uh oh. PBOC's Yi out with the same comments that Cheng came out with last week. Damn, they are out to get me.
This isn't good. I may have gotten too greedy here. Putting a tight stop on this one at 1.4690.
As for all the other reasons posted, you guys said the same thing last week, LOL.
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there is reason for that.
the USD/EUR pair only appreciated 1.69% in this time frame whereas the USD/GBP appreciated 2.48%.
4.5pips spread or not, you would have made far more money.
Barron
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