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That was me buying the 1.2255's in the Dec. I've had a chopped up day today. Not one of my better performances. Overall, market seems to be going in my direction. Best, Neal.

Sorry, I went out to get breakfast. Lon Eagle, I trust that the others answered your question about the margin. Chinook, I trade futures simply because I have traded them for 15 years and I am very used to the convention ($12.50 per tick, etc.). I know exactly how to size my positions, etc. The...

I trade the futures but not in the pits and often not on Globex. Many of those Globex prints are bullshit. I had a stop to sell futures at 1.2180 and the low was 1.2171. I DID NOT get filled on my sell stop. The reason is that I work them "EFP" or Exchange for Physical with a dealer desk. That...

1.2370 area is the important level. Don't think that we'll break there today. Pandemonium to the upside if we break through that area in a meaningful way.

Can I get a whoop whoop! lol

Ask and you shall receive my friend. Welcome to the party and the 'correct' side of the market. :-) Neal.

I have frequently commented and appreciated Chinook's very honest comments. You will become a great trader as you are not embarrassed or ashamed when you take losses.

Janet Yellen, San Francisco Fed President.

Doubtful.

You must've had a nice initial entry. 1.2240 or above?

At the expense of looking like talking my book (which I am), days like tomorrow could yield a 2+ big figure move in the EUR. Nobody was able to buy the EUR on this move. It happened during US hours 4:30-6:00 pm, EST. That is no man's land. Nobody around the globe is really trading at that hour...

I would be nervous about being short here. The biggest moves often start this way (seemingly for no reason). I might agree with you if the after-hours move wasn't as sharp. However, the fact that they could take it up so aggressively on nothing means that there is a real lack of EUR sellers. If...

Sometimes better to be lucky than smart. I think it was the Yellen comments that caused the move. $/Yen isn't moving much. Strange movement in FX land thus far.

What did he say that was bullish for the EUR and GBP anyway? I can't find why the market is reacting like this. Not that I am complaining. I have the biggest long EUR position on that I've ever had in my life now.

I sleep mostly from 5 am to about 10 am when the rest of the world is up and going to work. Yes, I do not get enough sleep...zzzzzzz

I could use a nice smooth easy rally in the EUR tomorrow. I'm not greedy, just give me 1 big figure in a nice smooth steady manner and I'll be a happy camper! :-) I wonder if the bombing of the Australian embassy in Jakarta will have much of an impact. Maybe more psychological than anything...

Wild ride for me today. Got stopped out of all my long EUR positions on the way down (do to the fairly sizable down move overnight/early morning), locking in a 7-figure loss. Was very depressed. Started rebuying aggressively (hadn't really intended to but liked the price action), before, during...

I cannot believe this lack of volatility in the currency markets. I certainly hope that things pick up. This is ridiculous, the EUR has been in a 3 tick range for the last 5 hours. Incredible.

I think that FX trading is going to start picking up now that the holidays are behind us and the summer is unofficially over. I think that we remain at a critical juncture for the dollar. I am still loaded to the hilt with EURs however, I remain flexible as frankly to be honest, the dollar...

I'm glad you guys were able to capitalize on it. Yes, I am still 100% long in the EUR now. Thankfully, I've had a breather the last 2 days thus far. More weeks like last week and I'm going to age very quickly. I'm not sure what the impetus was in EUR/GBP, but I got a call from a few of my...