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

That Jamie Coleman has a pretty low threshold for what kind of rumours he'll put out on the newswire from Thomson.

He notes that dealers talk about a possible coup in North Korea - where dealers say that portraits of Kim has been removed and the title "Dear Leader" has been changed several places.

Yikes.

Some garbage is just unbeliveable to read on a professional investor news service.
 
Quote from chinook:

Yikes. A small roller coaster ride here. I parked my stop at 1.3021 and waiting!

I think it'll be very volatile over the next few sessions - but within the range of the last two weeks. I'm looking into shorting USDJPY from 104.30s here.
 
Quote from Gringinho:

I think it'll be very volatile over the next few sessions - but within the range of the last two weeks. I'm looking into shorting USDJPY from 104.30s here.

I would think today you would want to go long from 104.30 not short? Or you have read something I have not?
 
Quote from chinook:

Yikes. A small roller coaster ride here. I parked my stop at 1.3021 and waiting!

I saw a few 100+ barrier contracts bought around 1.3005 .. 1.3021 might be a stretch after seeing the current trend today across the board...
 
Quote from chinook:

Do you have a target or you'll keep it for a while?

First lets get through 80!

2915 was where the last slide was stopped - I would think that is the next major line in the sand. I'll see how it acts around 50 en- route.

Any target for you in mind?
 
Quote from Gringinho:

I think it'll be very volatile over the next few sessions - but within the range of the last two weeks. I'm looking into shorting USDJPY from 104.30s here.

Are you doing any position trading with EURUSD?
 
Quote from csaunders:

First lets get through 80!

2915 was where the last slide was stopped - I would think that is the next major line in the sand. I'll see how it acts around 50 en- route.

Any target for you in mind?

I'm hoping for a day long slide. So for now I'm trailing. I just added to my short.
 
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