Did anyone notice?
E/C low of the day... 1.1980
E/C low of the day... 1.1980
The Really Useless System 25 replies
Bloomberg: VIX Indicator useless for forecasting the direction of equity prices 0 replies
The Really Really Boring Forex System 97 replies
Dislikedthe week is not over though.. 3 week average is 230 ish though.. (Range)
we are at 345. if one drew a moving average 3 or 5 day, he or she could say that we are starting to trend up.. we have not had slower weeks than the past two for more than 30 weekly bars.
here is what I use.. it may or it may not make sense though. There may not be true value to this, but it puts things in perspective for me.
Attachment
it is no coincidence that volatility has been dying down a bit. (Chart on the right reflects that).Ignored
Dislikedlol, hardly...If it was this value, I would earn an incredible amount of money - and I would surely noticed
Itīs 1.1990, officially confirmed by EBSIgnored
Dislikedyea is that a bottom or what's going on with that pair? Looks like it will just stick to 1.2 eh..?Ignored
Dislikedlol, hardly...If it was this value, I would earn an incredible amount of money - and I would surely noticed
Itīs 1.1990, officially confirmed by EBSIgnored
Dislikedactually I read that that low is up for discussion, seems the SNB bid 1.20 on a bunch, but not everyone saw it, FXL has a tid bit on the whole thing..Ignored
DislikedI accidently a number
Have you been loading at 1.2? Question is, will the SNB hold fast or not. The market has been relentless in challenging them.Ignored
DislikedI did, obviously - R:R here is absolutely brilliant, completely effortless trade in a distorted market by SNB. I couldnīt really miss this opportunity.
If it was yen, I wouldnīt do it. Japanese CB is known for their repeated failures during interventions.
But swiss guys do what they promise to do, without mercy, without remorse SNB is known that it delivers and they simply canīt afford to lose this credit built for literally decades...Ignored
Disliked
The problem is majority of currrent positions is long, so any intervention will cost them a sh_tload of money...Ignored
Dislikedyea, that is the problem...they managed to get it up here not spending a dime, but now the free ride is over..if it where up to me, I'd get the longs out, get the market short, then run it up...at any rate, normally I would not give a shit, but since its a Euro cross, part of the spike will find its way over to us, so need to keep tabs on the damn thing...
talk later, PTL..Ignored
DislikedThat is definitely part of the problem. I would almost dip it lower to clear out the longs, get people on the short side of it again, then run them over on the way up.Ignored
DislikedAll my indis are somewhere down in the basement. Not sure what to make of it..Ignored
DislikedThey said 1.2, it better be 1.2. It already dipped below. They can't do this for long or they'll gonna get crushed.Ignored
Dislikedthanks - i must admit I'm slightly clueless when it comes to that stuffIgnored