Search results

Distillate inv dropped 2.5 mn instead of expected 990k-1.1mn, but it's just applying some hurt and taking the less expected route on the numbers, most probably reversed or got out on the dip. I think QM/EuroFX will unpeg with the proximity to 1.24 ... otherwise it's down again. edit...

Calm before the storm in 3 minutes. I was thinking about the directional bias. It certainly seems EuroFX is going long before the inventory numbers. edit: more than 4mn barrels is ok, although QM rebounds. edit2: seems it was pegging with QM around/over 54 again and EuroFX over 1.2390.

According to Thomson/www.ifrmarkets.com a US investment bank did some sell of 650-700 mn € from above 1.24 all the way down to 1.2365. Stops rumoured around 1.2340-45 according to dealers. I think direction will be laid out by the inventory numbers (in ca. 15 mins) for the remainder of the...

Now I'll wait for inventory numbers, and a build less or equal to 1 mn will mean going long on dips, I guess. More than 3 mn will probably mean a little slide - more profittaking .. well, acording to energy traders on Bloomberg, anyways. I obviously also think EuroFX will peg on QM a little...

The main reason for applying a database or perhaps another transaction-oriented system is safety. Atomicity of transactions, rollbacks, audits are the only reason for applying database to this type of "seldomly accessed data". Otherwise, having it in memory and flat files are the best thing...

I don't get how Thomson could have done that 1.2378 entry so quickly, unless they had it already triggered and configured in. That's a bit different from how I'm trading, but seeing as they do quite well on a number of position trades I will try and look at their advice better and also how they...

Seems that we're heading back to the area of yesterday, and now I don't have a clue if I should adopt a long bias or short bias. Will have to wait for a really good opportunity, which might not get here. edit: Thomson is long at 1.2379 with target 1.2540 and stop 1.2315. I too think that the...

A little long from around 1.2390-area, will have to be careful, got 10 pips down from close to the top, but will look for more. Doing great right now .. another 8 ticks on the EuroFX. Well, that 18 ticks profit is feeling good. :)

I was watching a film and the debate, so it was kind of "positioning", but I got out of this last short this morning at a 5 pip loss, since it hadn't moved any significantly, and I didn't want the demo trade go into the deficit number. :) Will have to reevaluate with new information and new...

Well, scaled out all the rest a short while afterwards on EuroFX. On my spot demo I actually went a little long to see if I would swing the momentum right. It's always easy to get that 100% return in a week or so when trading spot FX demo. I saw the spike down on FXCM, and that was a typical...

Looking good with a 20 tick gain on that position now. Will probably have an eye on any retracements around 1.2330 now. Otherwise it's just as good to let it run at least 10 ticks more to 1.2315 .. I think my absolute target will be 1.2300-05 area for 40-45 ticks. :) That QM well above 54 is...

.. this last debate will get some reactions in the markets ? I will be looking for clues both in the markets, and the performance .. so tonight might show us something of what others are gearing up to do in the days ahead. Well, ok, it could be just sitting tight for a while, but I think the...

Bank dealers and other big fish talk amongst themselves about clients etc. I guess. Read e.g New Market Wizards book, and the first interview. Outdated story, but interesting.

Supposedly after some grinding upwards of stop-loss shorts until around 1.2280-90, then a "predatory US fund jumped in" and ran it upwards as it sensed market was short and hurting. Also a US bank put out a "research piece on comments from Fed speakers talking down the dollar" - all according to...

Yup, but the stakes were obviously high and where I thought we'd see some narrow trading band towards the end of the day ... hey, surprise! volatility is back for a quick visit. I'm a happy camper now with 7-8 ticks profit (after commission - which didn't grow that bad - because I just...

Holy mackerel! is what I said ... :) My wishful thinking came through ... .. well, then there's the DOW's triple digit loss under 10k which sort of swept the feet away under the optimists, along with the fall in US bond yields. Heating oil is hot. :D

Welcome back, but sorry about the news -- they're all downbeat -- it's just a question which side is worse. :) The same old themes of running stops and no confirmation is dominant. During RTH lately it has been very constrained trading with mostly small moves, and the brunt of the moves taken...

Today kind of sucks, since I had a small profit which turned into a medium loss which now is just close under b/e but with the commission to boot, making me into roughly -10 considering commission. It sucks because I let the loss get out of hand, instead of pulling out and reevaluate. The day...

Yes, I've also noticed that. It was on target yesterday though, so there's something amiss. Today was a rather slow day with a bit too much trading for my taste, but I was able to get away with 8-9 ticks after commission, so fairly ok anyway. I still got a long bias, but was impressed with...

I too was quite surprised that it moved so easily through 1.2350-ish level, but on the back of the disappointing german data and the US tax-reform rumours I guess we can try and rationalize about it. Yesterday was a good day for me, as I managed to get the range extremes two times, but today...