Not shorting now. Might go long instead. Closed last short position at 1.4060 since the news didn't turn out to be pro-USD.
Go long! I dare you! 
- #114,161
- Jun 24, 2009 7:38am Jun 24, 2009 7:38am
- | Membership Revoked | Joined Apr 2009 | 2,726 Posts
Go long! I dare you! 
- #114,167
- Jun 24, 2009 7:42am Jun 24, 2009 7:42am
- | Membership Revoked | Joined Apr 2009 | 2,726 Posts
- #114,168
- Jun 24, 2009 7:45am Jun 24, 2009 7:45am
- | Membership Revoked | Joined Apr 2009 | 2,726 Posts
- #114,169
- Jun 24, 2009 7:46am Jun 24, 2009 7:46am
- | Joined Dec 2008 | Status: revisit | 1,896 Posts
Hello all...
If you guys wanna bank few potential pips...and want to have many signals per day using lower timeframe...maybe you should try out my method.
I have the system that maybe sutis your trading style. Just go to this link:-
http://www.forexfactory.com/showthread.php?t=177174
C ya all thr...all the best...!!!!
If you guys wanna bank few potential pips...and want to have many signals per day using lower timeframe...maybe you should try out my method.
I have the system that maybe sutis your trading style. Just go to this link:-
http://www.forexfactory.com/showthread.php?t=177174
C ya all thr...all the best...!!!!
- #114,170
- Jun 24, 2009 7:47am Jun 24, 2009 7:47am
- Joined Apr 2007 | Status: Evil Kraut | 2,559 Posts
Guys, those movements are just noise. 
Now look at Gold and Silver. Both are shooting up right now. Here's something cooking.
The big up movement yesterday is interesting though. Obviously some very big players went long before FOMC today. Well either they know something we don't know or they just don't care about the FED anymore.
An interesting detail about the cable: Implied GBPUSD volatilities have recently been trading at higher levels. We have also seen increasingly interests for buying GBPUSD calls lately and a bigger Interbank now just bought 1 month GBPUSD call strike 1.7365 in decent size, which suggests spot to move higher.
So one month at 1.7365! That could light some fire under the Euro as well. I think we'll see some more Dollar weakness and the current levels are still bargains. But I have to say that I'm a long term fundamental trader and just buy the dips...
Of course that doesn't mean we go below 1.40 again. If so, great, cheaper levels to buy for me.
Now look at Gold and Silver. Both are shooting up right now. Here's something cooking.The big up movement yesterday is interesting though. Obviously some very big players went long before FOMC today. Well either they know something we don't know or they just don't care about the FED anymore.
An interesting detail about the cable: Implied GBPUSD volatilities have recently been trading at higher levels. We have also seen increasingly interests for buying GBPUSD calls lately and a bigger Interbank now just bought 1 month GBPUSD call strike 1.7365 in decent size, which suggests spot to move higher.
So one month at 1.7365! That could light some fire under the Euro as well. I think we'll see some more Dollar weakness and the current levels are still bargains. But I have to say that I'm a long term fundamental trader and just buy the dips...
Of course that doesn't mean we go below 1.40 again. If so, great, cheaper levels to buy for me.
- #114,171
- Jun 24, 2009 7:51am Jun 24, 2009 7:51am
Guys, those movements are just noise.
The big up movement yesterday is interesting though. Obviously some very big players went long before FOMC today. Well either they know something we don't know or they just don't care about the FED anymore.
An interesting detail about the cable: [i]Implied GBPUSD volatilities have recently been trading at higher levels. We have also seen increasingly interests for buying GBPUSD calls lately and a bigger Interbank...
- #114,174
- Jun 24, 2009 7:53am Jun 24, 2009 7:53am
- | Membership Revoked | Joined Apr 2009 | 2,726 Posts
- #114,179
- Jun 24, 2009 8:01am Jun 24, 2009 8:01am
- | Joined Mar 2009 | Status: Trader | 2,247 Posts
I SEE YOU !!
