USD index

[Piptaker]

I'm just ecstatic to get some asia action

 

[Cswim63]

Yes it must be tough I was thinking of that earlier. You're at your best when the markets are quietest. Me, I'm an owl, so anything at night is good, but mornings not so much. It's half the reason I gravitated to currencies. The other half was I blew out my equity account and only had enough to leverage currencies. This was a while back. Still, the London open is the middle of the night for this trader. You'd be surprised how many times I wake up at 2 or 230 am without an alarm clock. I wouldn't do that for anything else.

 

[Cswim63]

Gold has lost its zing. I expected another push down from the retracement at 40. Trying to keep an open mind here.

 

[Cswim63]

Have to remember that the trend in usd/JPY is down, down. So I'm going to be careful here.

 

[Piptaker]

pretty much london is when I want to be trading with the liquidity, my evening

 

[Cswim63]

Yes

 

[Cswim63]

Stops above 90 in AUD me thinks.

 

[Cswim63]

They call it Try-S in Chicago. Stuck, Short, and Stubborn.

 

[doggyfx]

Hey guys anybody knows why gold dropped and USDX surged in New-York on Thursday? Some significant change in risk sentiments as I see..

 

[Cswim63]

Well, the way I see it is, there's no real news at that time, so it's just bigger time frame players, or just bigger players selling. You see how I (we) shadowed the weakness? Now the reason isn't material. If there were significant news, like peace breaking out everywhere, I would pay more attention to the why. Because big news has ripple effects throughout the market.