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    Ausie interest rate decision??

    New Week, New setups Ok, here we are new week. Early today Aussie hit new high at 9036 and then promptly retreated for a little profit taking. So, think this is a short term sell, gone short @ 8930 for a run toward 8875. If fails @ 8900, then reverse for a run back to Friday's highs
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    Forex Firms for Hire

    check out avatar. search for info. they also have fx division.
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    The Old Fart Thread

    Fossett was a member Clearing firm on the CBOE. They also cleared option trades on the Amex.
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    The Old Fart Thread

    On the Amex, where Fossett's NY business centered (they were primarily a clearing firm for options) we were also known as locals. It's not just a term for the future pits. Options didn't trade on the NYSE. Semantics, Some antics.
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    The Old Fart Thread

    DOH! 20 yrs later and I still make the same mistake. Anyone remember a clearing firm (my first) called Fossett for small traders and locals?
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    The Old Fart Thread

    Peter is not and never will be his father. Peter is a jerk, but that's for another story.
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    The Old Fart Thread

    The main thing different between then and now is the stock broker has become obsolete. Interesting side note: during those years there were 2 quintessential 'broker bars'; Harry's at Hanover and Harry's At The American. (Harry's at Woolworth doesn't count) Both these bars individually sold...
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    The Old Fart Thread

    44. Was on the floor in 87 clerking for Spear Leads. Man how this market has changed.
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    Why is there no volume on Forex?

    there is no volume reported for currency trading because there is no central clearing of fx trades, as yet.
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    Lowest spreads for forex

    per side. on mb, if you trade cable, you have to factor in roughly 2 pips to your cost plus spread to break even Check this link. I did a cost/trade analysis there which is too lengthy to repeat. http://www.elitetrader.com/vb/showthread.php?s=&postid=1606360#post1606360
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    Ausie interest rate decision??

    Been long since 8955. Maybe it is time to take a little profit. This is nose bleed territory.
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    Ausie interest rate decision??

    My nose just started bleeding. I think my ears just popped too.
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    Ausie interest rate decision??

    Yeah, but looks like 8910 is not going to hold. OH well!
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    Who’s Who in Getting Fired: A Job Cut Round-up

    interesting story also found on that site: http://www.bankersball.com/2007/10/03/500k-gold-digger-gets-slammed/
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    Ausie interest rate decision??

    Thursday Morning, here we go again. Stops in the 8795 area held and it has rebounded to 8850. Still holding shorts for significant leg down. Targeting 8750
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    Ausie interest rate decision??

    OK stop was triggered for 20+ pip. 8810 held again (3rd time) - looks like they are trying to clear out stops at that level and if breaks might have a good leg down ahead of NFP. Friday morning all bets are off. Until then short reset at 8850, SL 8910 for a run at 8800 - resistance at...
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    Ausie interest rate decision??

    Put in a stop at 8830, will lower if pair breaks 8800, which it looks like it will do before tonite
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    Ausie interest rate decision??

    Went short at 8850 for a test to break the 8810 support line. If it fails, look for a run down to 8780 then 8750
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    Oanda Spreads

    IFR Markets report: 'Since its unveiling in April 2006, ADP has underestimated actual (as reported) payrolls 41 pct of the time and overestimated them 59 pct of the time, by an average of 64,000,' according to Jeoff Hall at Thomson IFR Markets.
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    Oanda Spreads

    Wow! Did anyone just see that? At 8:15 EDT Weds spreads on the majors JUMPED - euro 10 pips and cable 20 pips- on no apparent news. What's up with that? edit: n'er mind. ADP. When are people going to realize that it's not accurate.
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