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Okay, did a another insurance company buy another couple hundred million EUR??

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  • First Post: Nov 21, 2006 2:29pm Nov 21, 2006 2:29pm
Okay people this is getting crazy, whats going on with all this random spikes...
This is a larger buy than last night, it's not going down immidiately, someone is really trying to get the eur up
Im sure the guilty party will come forth. Maybe entice them with candy.
This type of stuff can happen easily in thin holiday markets.
It can be a tricky time to trade.
Profit is where readiness meets Opportunity
it's really interesting because I've never seen such direct evidence of the large marketmovers.
works for me. That "spike" in the EurUsd pair at 11:30 PT closed my trade in profit i'd entered late last nite when an entry level was tagged...only to see price go down to lower support 1 at 2800ish, tag that, and go up. Got in again after the bounce off the lower tag at 2800, those lots also closed out at the level for double the pleasure. BUT it sure is doing a whole lot of nothing! But over 35 pips on a mellow day like today with the EU pair i'm good to go another day. And trade the S/R bands. Darn those holiday shopping sprees by those big bankers.

: ) Thom
EURUSD more volatile than GBPUSD that not normal.
<TABLE id=NewsIndex style="FONT-SIZE: 7.5pt; WIDTH: 100%; BORDER-TOP-STYLE: groove; FONT-FAMILY: Arial; BORDER-RIGHT-STYLE: groove; BORDER-LEFT-STYLE: groove; BORDER-BOTTOM-STYLE: groove" cellSpacing=1 cellPadding=2 border=0><TBODY><TR style="COLOR: black; BACKGROUND-COLOR: white"><TD style="FONT-WEIGHT: bold" vAlign=top noWrap width=60 halign="left">14:31</TD><TD>Roumor the the US will revise the unemployment rate prompting the USD selloff</TD></TR><TR style="COLOR: black; BACKGROUND-COLOR: #e7e3e7"><TD style="FONT-WEIGHT: bold" vAlign=top noWrap width=60 halign="left">14:20</TD><TD>IMM buying Euro @ the moment</TD></TR></TBODY></TABLE>
They play on low volumes, and maybe they are also helped from stop on the way..

No real reason for such move now...apart of what said above

you see ?
Quoting vtk
<table id="NewsIndex" style="border-style: groove; font-size: 7.5pt; width: 100%; font-family: Arial;" border="0" cellpadding="2" cellspacing="1"><tbody><tr style="color: black; background-color: white;"><td style="font-weight: bold;" halign="left" nowrap="nowrap" valign="top" width="60">14:31</td><td>Roumor the the US will revise the unemployment rate prompting the USD selloff</td></tr><tr style="color: black; background-color: rgb(231, 227, 231);"><td style="font-weight: bold;" halign="left" nowrap="nowrap" valign="top" width="60">14:20</td><td>IMM buying Euro @ the moment</td></tr></tbody></table>
who is IMM?
The International Monetary Market
Quoting aicccia
it's really interesting because I've never seen such direct evidence of the large marketmovers.
Big footprints are very hard to hide, but you only know about them after they create a big hole in the market (or a large candle if you want it like that)


Thanks,

Nader
Quoting PipControl
EURUSD more volatile than GBPUSD that not normal.
GBP/USD is going to make a big move tonight.
If I Go Broke Trying Then I Will die happy.
Quoting Moe
GBP/USD is going to make a big move tonight.
to what side? bull or bear?
Quoting narafa
Big footprints are very hard to hide, but you only know about them after they create a big hole in the market (or a large candle if you want it like that)


Thanks,

Nader
Quoting Moe
GBP/USD is going to make a big move tonight.
but why did you think it would?

J
Quoting Moe
GBP/USD is going to make a big move tonight.
Which news gonna trigger it? GBP BOE meeting minutes, EUR Industrial New Orders m/m or CAD Core CPI m/m ?
It was me, the big ballers heard I was thinking about making another 1 lot move in the market, there was a lot of speculation, turns out I was just checking my email at the time. WHEW!



Quoting aicccia
Okay people this is getting crazy, whats going on with all this random spikes...
Quoting Moe
GBP/USD is going to make a big move tonight.
Yet another nice call Moe
Profit is where readiness meets Opportunity
Quoting jlowder
but why did you think it would?

J
my system told me. also it told me to stay away from eur/usd for now.
If I Go Broke Trying Then I Will die happy.
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