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

....USD index 77.6 touted on www.rickacherman.com early Dec.......27th Dec saxo bank 1.3850....bloomberg 1.40/45.....USD 10yr 4.30 last night, and must rise...gold as yet to regain 455+ now 444/5,[ interest capped?] lower in Euro terms...nothing lasts forever, might outlast liquidity.... looking like the end game....only ones not making waves are the central banks...guess that's what makes markets though, the difference in views....see how it plays...cards gentleman...
 
Just a reminder that NY NAPM comes out in 10 minutes at 1400 GMT. Not that its a big market mover but it has snuck up on me before because it's not on everyone's calendar.

Cheers,

TRADERguy
 
Well I think I've had enough thin market trading for one year. :D Time to close out the trading year. Here is to everyone having a fun and safe New Year's Eve and may 2005 bring us profits.

Cheers,

TRADERguy
 
That was a nice ride from 1.3550!
It looks like we see some support @ 1.3400.

Then again I thought that at 1.3500.
I hope someone else was on board this train.
 
amazing how the beg of the yr brings out the trend in everyone !

ok ... it seems like volume is not so big
and prices are being pushed pretty easily

:p
 
boinnnng ..... and right back to 1.3450.
You were right about the volume Seth....Non existant. That felt like one panic seller and a few rock creatures tagging along.

Selling dried up and the rock creatures scrambled to cover shorts with no liquidity.
 
I'm still working on getting back to getting up for the european session. I'm long the euro spot at 55 with a tight stop but it wouldn't exactly surprise me if there was more carnage on the down side.

Edit- stop moved to 60

Edit- well I'm still in only now I have actually put the stop at 60 into the system. I found myself unwilling to click out; a profitable decision but a dangerous lack of discipline.

Out at 60; I think I need another cup of coffee.
 
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