B brotherben Sep 9, 2007 #18,964 has anyone here ever heard of a channel? what does that mean? thanks
O opt789 Sep 9, 2007 #18,965 Anyone watching the $/yen? Last time we traded 112.7 the ES was a lot lower than it is now.
S smilingsynic Sep 9, 2007 #18,966 Quote from opt789: Anyone watching the $/yen? Last time we traded 112.7 the ES was a lot lower than it is now. More... Yes, I trade it on occasion. 112.7 and lower is to be expected, since the Fed is apparently going to cut interest rates. On the contrary, the Bank of Japan is leaning towards increasing their rates. RIP, USD/JPY carry trade.
Quote from opt789: Anyone watching the $/yen? Last time we traded 112.7 the ES was a lot lower than it is now. More... Yes, I trade it on occasion. 112.7 and lower is to be expected, since the Fed is apparently going to cut interest rates. On the contrary, the Bank of Japan is leaning towards increasing their rates. RIP, USD/JPY carry trade.
Spectre2007 Sep 9, 2007 #18,967 1490-1500 resistance zone, I liked the chart spacing from that site, just added red and green solid lines. 1490-1500 resistance zone as 6 trading session tic away for FED decision.
1490-1500 resistance zone, I liked the chart spacing from that site, just added red and green solid lines. 1490-1500 resistance zone as 6 trading session tic away for FED decision.
Spectre2007 Sep 9, 2007 #18,969 if you could get a price discount before a FED meeting of 34 points below the closest resistance level, would MM's take it? 1490-1456 = 34 points. Lets see what happens.
if you could get a price discount before a FED meeting of 34 points below the closest resistance level, would MM's take it? 1490-1456 = 34 points. Lets see what happens.
S Spooz Top Sep 10, 2007 #18,970 overflowing bearish sentiment has me short term bullish....lo 50`s were a nice scalp last night. 99.50....to....50.25 was close enough to 10 rule X 5.....fwiw...... these are certainly fun markets to trade for a switch hitter.
overflowing bearish sentiment has me short term bullish....lo 50`s were a nice scalp last night. 99.50....to....50.25 was close enough to 10 rule X 5.....fwiw...... these are certainly fun markets to trade for a switch hitter.