Quote from Maverick74:
Monster day today. No other way to describe it. The biggest moves were in the currencies. I haven't seen moves this big since the 2008 credit crisis in FX land. EUR/JPY came off 700 pips intra-day! USD/JPY 400 pips! We had a plus 4 today in Bonds. EUR/AUD and EUR/GBP both had -4 days as well.
USD/JPY traded all the way down to the monthly level almost to pip before bouncing 170 pips.
In the various sectors we had -3's everywhere.
And what did we have before this move. Number line deterioration's across the board. As well as long volatility signals in almost every product group. This move was absolutely telegraphed.
Fun stuff!
Maverick74, What constitutes a long volatility signal? I take it we aren't talking about a vix based indicator.
Thanks, John