DislikedUK IP number awful people I've spoken too are unsure how to react, market clearly lower on the shock.Ignored
Awesome thread btw, keep it up
si hoc legere scis nimium eruditionis habes
Looking for Death Cross and Golden Cross indicators 4 replies
Rsi cross indicator? (NOT cross 50, etc) 44 replies
Whats the point of applying Technical Analysis to cross pairs?? 4 replies
Royal Cross/Fresh Cross 7 replies
COT analysis on cross pairs 5 replies
DislikedUK IP number awful people I've spoken too are unsure how to react, market clearly lower on the shock.Ignored
Disliked{quote} Is the currency strength meter that mesure the strenght of each currency against the others. You can find different ones here on FF weighted on different indicators.Ignored
Disliked{quote} Unless BOE says it is watching IP numbers, which it hasn't, misses like that are an easy buy IMO. The indicators that matter, the ones BOE talks about, are only going in one direction. Awesome thread btw, keep it upIgnored
DislikedUSDJPY found support again! christ this thing is getting tiresome. 200 point range for the entire year almost. {image}Ignored
Disliked{quote} The range pretty much the same as before Abe took office. What to do. FOMC ....Ignored
Disliked{quote} FOMC won't be a game changer, or even probably interesting. We'll be lucky to get a 40 point move! USDJPY overnight vols only marked higher by 1 point. markets see a breakeven range of 26 pips. (i.e. if you get long vol via options. the market only needs to move 26 pips in either direction for you to make money... 95% of the time its less than the breakeven range. says it all)Ignored
Disliked{quote} yeh, sorry. I should rephrase... How does it work? saying "strength" doesn't exactly mean anything? what are the parameters etcIgnored
Disliked{quote} It compares the strength of each currency Vs the entire selection of currencies. As price goes up the angle goes up, as price goes down its angle goes down. The more the angle the more powerful the move is. So we measure the strength or weakness of a currency by the angle. A positive angle means price overall is going up, a negative angle means price is going down. It only measures strength,it does not measure volatility. Pairs can cross and not go anywhere, trend times maybe small or short in duration but this indi will show these moves...Ignored
Disliked{quote} FOMC won't be a game changer, or even probably interesting. We'll be lucky to get a 40 point move! USDJPY overnight vols only marked higher by 1 point. markets see a breakeven range of 26 pips. (i.e. if you get long vol via options. the market only needs to move 26 pips in either direction for you to make money... 95% of the time its less than the breakeven range. says it all)Ignored
Disliked{quote} Be happy, some probalby have caught a few hundred - (no, this time I am not one of them). But really strange PA. Particularly E/A. Cannot decide any direction.Ignored
DislikedOdd reaction... US yields lows of the day dragging the USD down with it... Even though arguable hawkish FOMC. looking to faaaadddeee this.Ignored
However, some things against this...
EUR vs SX7E chart attached - Eurozone bank equity dropping hard, likely weighing on the EUR. The EUR WON'T bounce until pressure in SX7E is relieved.
Citi decided to short EURUSD spot, and also buy some short dated puts (1.3580, SW)
All in all, plenty of people on each side of the market, and volumes are coming back slowly.