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    Chinook's EUR/USD (E/$)Mumblings

    Yes, I figured it out finally. With global audiences, one would think they would have the sense to put the timezone on statements like that. :) edit: it does say central time below the timetable .. doh! :D
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    Chinook's EUR/USD (E/$)Mumblings

    "CME Globex trading in foreign exchange and interest rate products closes at 12:15 p.m." http://www.cme.com/about/press/cn/04-176ThanksgivingSchedule10558.html Anyone know why it doesn't close, or when it closes. Would be kind of useful. :)
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    Chinook's EUR/USD (E/$)Mumblings

    Ray Attrill director on 4cast on Bloomberg UK right now is scaring the USD funds of mine into EUR again. I took a shift from EUR to USD with average around 1.30+, but won't change yet. Need to see what next week gives - and possibly range or continued panic. I totally agree with him that the...
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    Chinook's EUR/USD (E/$)Mumblings

    I forgot to show the good comments from Deutsche Bank today, but here it is: Dollar sell-off nears panic proportions EUR USD (1.3320) Yesterday’s session was almost a carbon-copy of the previous two. Once again, the single-currency settled at the high of the day. Thus, the scramble to...
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    Chinook's EUR/USD (E/$)Mumblings

    It was an article in a Shanghai newspaper which sparked the rumble in the EURUSD, but it was quickly denied by Chinese officials - saying it was distorted. However, this is still a plausible scenario - although it's any USD bull's worst nightmare. Not that there are many USD bulls left in the...
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    Chinook's EUR/USD (E/$)Mumblings

    Can't complain on the big ranges of the day ...
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    Chinook's EUR/USD (E/$)Mumblings

    There was almost an "old days" dip there ... Thomson says it was on profit taking after the PBOC People's Bank of China denied the rumours about switching out of USD. The effect of that "little rumour" was 1.3330 . :) Disinformation is a nice effect when it is everyone's worst scenario. I...
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    Chinook's EUR/USD (E/$)Mumblings

    We're so close 1.33 - so it's the natural way of the market. Try it - if it doesn't succeed we reverse for a little - taking all the winners we get. Then a new wave of attempts. The stuff is self-sufficient in it's trend. I see Thomson note some profit-taking on the EURUSD and a change to a...
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    Chinook's EUR/USD (E/$)Mumblings

    Hehe, but you have to admit it also was all over Bloomberg today, and also increasingly the last few days. I don't think it'll stop yet, since there has to be some fundamental incentive to start reversing for those brave souls out there. Gathering momentum - finally the market will reverse...
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    Chinook's EUR/USD (E/$)Mumblings

    I agree - you'll "know a signal" when you see it emerging and already shaping the next effect. The best one can do is get on it quickly - because FX moves fast when it is triggered. Trying top-picking or bottom-picking waiting in line is mostly guessing luck. Hitting bid or ask is a lot less of...
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    Chinook's EUR/USD (E/$)Mumblings

    I know .. the large lot (alone between all the small lots) just keeps someone like me - tapereaders - from scalping. One could also see that if they got a sizeable hit in their direction they popped up after not being visible and started pushing the other way. Without any EBS based system or...
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    Chinook's EUR/USD (E/$)Mumblings

    I hope you got those +10 too, it was definitely possible. I did some USDJPY scalps and some EURUSD scalps when US RTH opened briefly. They close in 20 mins - 10:00 EST remember. A fairly trading day for me, but I had a little higher hopes for the markets - as I had hoped it contained itself...
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    Chinook's EUR/USD (E/$)Mumblings

    Well, looking at volumes for EuroFX, it's not anything to cheer about. I have a little position down on demo spot, that's all. I think it's too hairy for me, since I don't know if sentiments will change or not. I am too tired to scalp, so I'm not venturing into that, also the moves are like I...
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    Chinook's EUR/USD (E/$)Mumblings

    Anyone else are probably not trading or getting ready to go and stuff that turkey. A quiet day volume wise and quite upsetting, price wise. I seriously do not think it's healthy for europe to take all this weight of the USD. I of course refer to the speed of the rise. That's also why I...
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    Chinook's EUR/USD (E/$)Mumblings

    I feel a lot safer commenting this than trading this, because of my bias of course. I am looking at some temptation for a position here, and Thomson notes some offers around 1.3230 .. but in this soggy-bottomed barrier-defenders I don't know if anything is safe, so perhaps better let those who...
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    Chinook's EUR/USD (E/$)Mumblings

    Can't stop profits ... 1.3208 new high again - now it's on ! :D 1.3224 and it is not even looking back. I guess some have their own idea of holiday intervention .. :) edit: It's like - a thousand contracts around 1.3228 right now ... but still no sizable hits on the bid side ...
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    Chinook's EUR/USD (E/$)Mumblings

    According to Thomson, even some from the IFO institute are starting to say that now, today would be an appropriate time to do something. I think politicians are wussies and can't really do anything, but if more "experts" starts lobbying - today would make a little more than a scratch ... The...
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    Chinook's EUR/USD (E/$)Mumblings

    Sure, it's how I have interpreted some of the action I see sometimes. I watch the bids and the asks change in the orderbook of the EuroFX, and what kind of sells that go through. I also have some small "pattern indicators" or "signals" which helps me interpret the "action". Sometimes, like...
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    Chinook's EUR/USD (E/$)Mumblings

    Hehe, an analyst tried to get a message through how now would be a good time for the EU to slam some of the short USD, but he got interrupted all the time and then they cut off for commercial ... or the jingle that is. Bad messages, bad, bad , bad ... :D
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    Chinook's EUR/USD (E/$)Mumblings

    The problem with trading the EURUSD right now is that it is so thin and transparent that you need to go for very small and quick tagets when there is some price-action momentum, otherwise you will get chewed up easily by whoever is on the other side. They can easily cap a level - blocking off...
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