Holy MOLY euro

[GetBusyLiving]

The euro usd just dropped 70 pips in 1 minute then reversed all the way back in the next minute. Never seen so much volatility. Becareful.

 

[TheMan]

ok thanks

 

[TradeViper]

al, hello
The reality is this, leading up to an election like this one, there will be massive whipsaws and thin volume. If you look at a daily chart you will see the EUR/USD has been trading in a range for a while now, great for range trading but not for trend trading.


The Ever Doing Both VIPER

 

[Pippi436]

Mon Nov 01 07:51:13 CET 2010 JPY USD/JPY charges higher in early Tokyo trading, dealers initially think Japan intervention, later reports of miss-hit by algos, senior MoF official declines comment on sudden move - Reuters.

 

[TradeViper]

Wow, low and behold the Move. Algos shmalgos, typical fear and more fear and greed and etc.




Typical For The Context VIPER