....Gringinho...though you might comment ....your a wizard at these commodity currencies...
Chinook's EUR/USD (E/$)Mumblings
- Thread starter chinook
- Start date
Good morning all. Obviously I didn't miss too exciting a night this time. A nice -9 C snowy morning here in Moscow (doncha just love it).
Still short on the Aussie from 7800 with more downside and target at 7695. I have a long on the Euro at 1.3340, but that's long term. I have a feeling that might be there for a while.
-Ivan
Still short on the Aussie from 7800 with more downside and target at 7695. I have a long on the Euro at 1.3340, but that's long term. I have a feeling that might be there for a while.
-Ivan
.....warm and sunny....with a girl under every tree....but Hey! who's got time for that...this trading is serious bis....you know...
Right you are!
It's 28 deg Celsius here now (will get around 32-33 today), and enough coconuts to feed a small nation ... just turned on the pump filtering the pool.
Even got time to do 4 small scalps for 2-6 ticks as well. Got to sharpen up that scalping blade before the last big number of the year - second-last event - before december 14th FOMC rate decision.
It's 28 deg Celsius here now (will get around 32-33 today), and enough coconuts to feed a small nation ... just turned on the pump filtering the pool.
Even got time to do 4 small scalps for 2-6 ticks as well. Got to sharpen up that scalping blade before the last big number of the year - second-last event - before december 14th FOMC rate decision.
Mid or upper 1.3280s probably nice short opportunities, but what do I know ... USDJPY just bounced (JPY sled) back to around sub-1.3280 area compared to EURUSD.
OR USDJPY might be a buy, but I think the former. Seems a MM has some kind of epileptic attack or something - toggling offers every now and then - sometimes a 1-lot pawn - other times bigger lots.
I seem to remember that toggling/signalling on the bid side once - a few minutes before it breached 1.33 for the first time.
edit: USDJPY still pressured, so opportunity still seems there.
OR USDJPY might be a buy, but I think the former. Seems a MM has some kind of epileptic attack or something - toggling offers every now and then - sometimes a 1-lot pawn - other times bigger lots.
I seem to remember that toggling/signalling on the bid side once - a few minutes before it breached 1.33 for the first time.
edit: USDJPY still pressured, so opportunity still seems there.
Seems it was more of the latter, but I still got 4 and 5 ticks out of the EURUSD.
A little calmer now, and it would be nice to know if this only was jitters or if someone fought some over these swings.
Thomson says NY names sold USD, while japanese bought - perhaps explaining the juggling.
A little calmer now, and it would be nice to know if this only was jitters or if someone fought some over these swings.
Thomson says NY names sold USD, while japanese bought - perhaps explaining the juggling.
I'm in Brazil - close to the equator, and it's 31 deg. right now. Many russians like Portugal - I guess it's around 17 deg. in Lisbon right now; one of Europe's nicest capitals.
Seems NY names were running stops and setting the playing field ahead of NFP numbers. Getting above 1.33 was more psychologically important for the market I think - opening it both ways. Also remember the frantic "breaking news" of Citigroup's lowered forecasts for the USD yesterday. It shows that some big-guns are still short USD.
Deutsche Bank also noted little momentum in pushing higher yesterday, but mostly running stops - with longer term and medium term traders all long EURUSD; although some position squaring was noted. They still see EURUSD higher and good bidding at lower levels.