10 point move in ES

Lucias · Mar 17, 2011

big 10(ish) point move in just a few minutes on ES

probably due to power to Japanese plants.

USD/JPY is on a tare too.. very peculiar

[Proximo] · Mar 17, 2011

Hello BOJ?

wiesman02 · Mar 17, 2011

Quote from Lucias:

USD/JPY is on a tare too.. very peculiar

Its the Illuminati

Martinghoul · Mar 17, 2011

Quote from [Proximo]:
Hello BOJ?

No, it's the G7 and it's tomorrow's biz.

tradingjournals · Mar 17, 2011

Quote from Lucias:

big 10(ish) point move in just a few minutes on ES

probably due to power to Japanese plants.

USD/JPY is on a tare too.. very peculiar

Libya no fly zone?

uptickk · Mar 17, 2011

Quote from Martinghoul:

No, it's the G7 and it's tomorrow's biz.

Agreed

Japanese stocks jump as G-7 reportedly approves forex intervention

http://www.marketwatch.com/story/ja...pike-on-g-7-forex-plan-2011-03-17?siteid=bnbh

total_keops · Mar 17, 2011

G-7 countries announce joint currency intervention

Felt good being long AUDJPY

Jackie Treehorn · Mar 17, 2011

My questions is why would BOJ intervention be ES positive, especially on the back of dollar strength.

Was it off pop on the 225?

I am missing the connection here...

Especially on the back of no Fly and oil spike..

Rabbitone · Mar 17, 2011

From the News:
The U.N. Security Council, by a vote of 10-0 with 5 abstentions, authorizes a no-fly zone and "all necessary measures" to protect civilians in Libya. Military strikes are expected within hours. April crude pops another $1 to $102.77/barrel.

Quote from tradingjournals:

Libya no fly zone?

Rickshaw Man · Mar 17, 2011

More money printing means ever higher commodities and prices paid, so sorry you wages can't keep up. Oil 120 by May, count on it. Banana Ben says no inflation. Banana Ben says nuclear meltdown contained.