what was this bros.
booked 120pips in less then 5mins damn lucky this time!
booked 120pips in less then 5mins damn lucky this time!
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DislikedAm exiting my remaining shorts and reversing sentiment. Lots of talk on Bloomberg about optimism & the UK reporting good news in 3 hours. Am picking up some longs here @ 145.2/3 on a tight SL. London is prone to pop this thing shortly, but if not, still has 3 hours to run it up. Will see what the news brings.
EDIT after 8 min: Well, that 1) sucked & 2) was quick. In @ 145.208, out @ breach of prev. low @ 145.154
EDIT2, 3 min after above: Well, got my predicted pop - 150 pips in 2 minutes - how's that for optimism & a retrace! GRRR!!! But of course,...Ignored
Dislikedwhat was this bros.
booked 120pips in less then 5mins damn lucky this time!Ignored
DislikedIt was basically a guess on the PA ... every few nights, London will pop GY between 7:30-8 GMT usually. Last night, negativity dropped it about 70 pips. Today I sensed they'd take it up - largely because 1) things are oversold 2) Bloomberg is talking up the #'s due in 2.5 hrs, preaching the recession is over. 3) Biggest reason perhaps (combination) of Japan being moved from stable to negative rating. Gotta love those FX trading open pops!!!Ignored
DislikedPRESS RELEASE: S&P: Outlook On Japan To Negative; 'AA/A-1+' Ratings Affirmed
-- Japan's fiscal flexibility has diminished.
-- We revised the outlook on the long-term rating to negative from stable
-- We affirmed our 'AA' long-term and 'A-1+' short-term sovereign credit ratings on Japan.
[size=1]SINGAPORE (Standard & Poor's) Jan. 26, 2010--Standard & Poor's Ratings Services today revised to negative from stable its outlook on the 'AA' long-term rating on Japan. At the same time, we affirmed our 'AA' long-term and 'A-1+' short-term local...Ignored
DislikedLooks uptrend your 5min chart. going up for C
mine is opposite of your moveIgnored