Your red herring is gonna eat my A/J longQuote from cabletrader:
It's a red herring
Ivan's Trade Thread, part II
- Thread starter Ivanovich
- Start date
I've got a buy order Aud/Jpy @ 61.60 and 60.90 but that's not really an indicator! (target 62.10)
Fundamentally I'm lost, it seems a case of who's in a marginally better position than the rest of the world, everyone's economy is in do-do as far as I can see!
It's every man for himself, I'm sticking to technicals with small(er) positions and wide stops!
edit: also a long Eur/Jpy @ 121.90 order in
Quote from davidmaria1:
Your red herring is gonna eat my A/J long
lol....sorry, it's not funny....well it is a bit
Quote from cabletrader:
lol....sorry, it's not funny....well it is a bit
All in good fun. Read a couple reports this a.m.
$ would normally have strengthened on weak jobs, but may be doing the opposite. Conspiracy theories strengthen as my equity weakens!
I read a similar report but I'm not quite sure how they work out that a bad number is dollar positive, unless they're talking about a bad number being priced in ie buy the rumour
"The rumour of a very bad number for U.S. payrolls data in a normal world would be good for the dollar, but the knee-jerk reaction this time round has been to sell it," State Street currency strategist Lee Ferridge said.
That's a bit ironic, bad US jobs numbers and a flight to......the US! I think someone somewhere needs to redefine 'safety'
As far as Yen goes, I wonder how far the BOJ (MOF) will tolerate a stronger Yen.
Well that's just friggin' great, Aud/Jpy entry and t/p filled on CMC but not on Oanda!
Does anyone know the low Ask on Oanda?