Sunday Euro open. gap or not to gap

oiltanker · Apr 30, 2010, 3:21pm

will euro gap on the open and if so which way?

assuming no greek news comes out and as today is green candle i'll say small gap up.

oildaytrader · Apr 30, 2010, 3:24pm

Quote:

Originally Posted by oiltanker

will euro gap on the open and if so which way?

assuming no greek news comes out and as today is green candle i'll say small gap up.

Is this a weekend trade?

wackypete2 · Apr 30, 2010, 3:40pm

Absent any news on Greece I think euro will open near or slightly higher than today's close. I would think no news is unlikely and any news is more likely to be euro negative, so open much lower than today's close.

Either way, I'm not a weekend gambler! All flat here.

'til then...

Peter

montmorencyt2w · Apr 30, 2010, 3:48pm

Gap up, followed by a plummet.

meanreversion · Apr 30, 2010, 4:28pm

This Greek sh-t has been going on for a couple of months now, and they still haven't received a penny (pfennig??). There's another meeting this weekend, I reckon they'll announce something juicy and there will be a HUGE gap higher. Having said that, I'm short. Who the f-ck knows..

meanreversion · Apr 30, 2010, 4:29pm

Long gold is the hedge for everything right now, forget eur/usd, it's been in a range since mid feb.. commodities move more in an hour than eur/usd does in a month.

wackypete2 · Apr 30, 2010, 4:30pm

Quote:

Originally Posted by meanreversion

Who the f-ck knows..

Exactly, hit the nail on the head there.

oiltanker · May 1, 2010, 5:50am

its a bit of idle fun

Apr 30, 2010, 3:21pm	#1
oiltanker Veteran Member Member Since Mar 2007 955 Posts	Sunday Euro open. gap or not to gap will euro gap on the open and if so which way? assuming no greek news comes out and as today is green candle i'll say small gap up. __________________ OT

Apr 30, 2010, 3:40pm	#3
wackypete2 Legendary Member Member Since Sep 2008 9,000 Posts	Re: Sunday Euro open. gap or not to gap Absent any news on Greece I think euro will open near or slightly higher than today's close. I would think no news is unlikely and any news is more likely to be euro negative, so open much lower than today's close. Either way, I'm not a weekend gambler! All flat here. 'til then... Peter __________________ ************************************************ ***************** I'm not into Fundamentals. I'd trade anything for T & A ********************************************** *******************

Apr 30, 2010, 3:48pm	#4
montmorencyt2w Legendary Member Member Since May 2008 2,548 Posts	Re: Sunday Euro open. gap or not to gap Gap up, followed by a plummet.

Apr 30, 2010, 4:28pm	#5
meanreversion Legendary Member Member Since Jan 2009 3,392 Posts	Re: Sunday Euro open. gap or not to gap This Greek sh-t has been going on for a couple of months now, and they still haven't received a penny (pfennig??). There's another meeting this weekend, I reckon they'll announce something juicy and there will be a HUGE gap higher. Having said that, I'm short. Who the f-ck knows..

Apr 30, 2010, 4:29pm	#6
meanreversion Legendary Member Member Since Jan 2009 3,392 Posts	Re: Sunday Euro open. gap or not to gap Long gold is the hedge for everything right now, forget eur/usd, it's been in a range since mid feb.. commodities move more in an hour than eur/usd does in a month.

May 1, 2010, 5:50am	#8
oiltanker Veteran Member Member Since Mar 2007 955 Posts	Re: Sunday Euro open. gap or not to gap its a bit of idle fun __________________ OT

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