Gone Long @ 760
for 60 pips !
for 60 pips !
- #238,502
- Edited 6:31am May 7, 2010 6:30am | Edited 6:31am
- Joined Oct 2008 | Status: Trader | 3,473 Posts
Trade on your own risk
Plan your trade&trade your plan dont be a
- #238,503
- May 7, 2010 6:34am May 7, 2010 6:34am
- Joined Feb 2010 | Status: Helping Others | 1,668 Posts
Know when to hold em, Know when to fold em!
- #238,504
- May 7, 2010 6:37am May 7, 2010 6:37am
- Joined Oct 2008 | Status: Trader | 3,473 Posts
[11:08 EUR/USD: Threatened 1.2800 - Russian Name Selling Ahead] London, May 7 (IFR) - EUR/USD has tested the 1.2800 level but yet to breach, but the chance of another assault on this level looks to be waning near term with the pull back taking the pair in to the 1.2760"s. Dealers are reporting large buy stops building around the 1.2820-25 level and this is certainly now the near term target for the bull market, although it seems the general consensus for the pair is to sell in to strength....
Trade on your own risk
Plan your trade&trade your plan dont be a
- #238,506
- May 7, 2010 6:40am May 7, 2010 6:40am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
COT: The precious data ignored
- #238,507
- May 7, 2010 6:41am May 7, 2010 6:41am
- Joined Oct 2008 | Status: Trader | 3,473 Posts
Just wanted to post Sostratos hahanice one
You know they still "delete" their charts on my account? I had one with USDJPY today said direct drop, and after 30mins its gone, can't read it again.... strange
Does Sostratos delete their charts when they see it no direction or so?
Do you have a demo account or live with them?
Never had any such issues with this.
Ahh and btw did u try to get added to my msn list?
hehehe lots of questions...
Trade on your own risk
Plan your trade&trade your plan dont be a
- #238,508
- May 7, 2010 6:42am May 7, 2010 6:42am
- Joined Jan 2010 | Status: Amat victoria curam | 2,333 Posts
- #238,509
- May 7, 2010 6:44am May 7, 2010 6:44am
- Joined Oct 2008 | Status: Trader | 3,473 Posts
Trade on your own risk
Plan your trade&trade your plan dont be a
- #238,511
- May 7, 2010 6:47am May 7, 2010 6:47am
- Joined Oct 2008 | Status: Trader | 3,473 Posts
Trade on your own risk
Plan your trade&trade your plan dont be a
- #238,512
- May 7, 2010 6:49am May 7, 2010 6:49am
- Joined Aug 2008 | Status: Fear makes us see who we really are | 4,822 Posts
They think they are smarter than I am.
- #238,513
- May 7, 2010 6:55am May 7, 2010 6:55am
- Joined Jan 2010 | Status: Amat victoria curam | 2,333 Posts
http://img413.imageshack.us/img413/1606/picture17o.png
Im out with 53 pips profit
Expecting a rebound, if it doesnt ill reenter a short but nfp is due in 35 minutes
Im out with 53 pips profit
Expecting a rebound, if it doesnt ill reenter a short but nfp is due in 35 minutes
Trading Error at Major Firm Blamed For Selloff
A human trading error at a major firm was the root cause of Thursday's sudden,
9 percent selloff in U.S. stocks, sources told CNBC.
Multiple sources said a trader entered the letter "b"—as in "billion"—when he
or she meant to type "m," for "million," shortly before 2:47 p.m. New York time.
U.S. stocks plunged suddenly, briefly by more than 9 percent, before pulling
back to a near 3 percent drop, as investor worries mounted that Greece's debt problems could spread.
Sources also told CNBC that the firm in question is Citigroup.
Citigroup [C 4.04 http://media.cnbc.com/i/CNBC/CNBC_Im...hlist_down.gif -0.14 (-3.35%) http://media.cnbc.com/i/CNBC/CNBC_Im...ltime_icon.gif] said it has no evidence of a bad trade but it is investigating the situation.
"We, along with the rest of the financial industry, are investigating to find the source
of today's market volatility," Citigroup said in a statement. "At this point we have
no evidence that Citi was involved in any erroneous transaction."
According to a person familiar with the probe, one focus is on futures contracts tied
to the Standard & Poor’s 500 stock index, known as E-mini S&P 500 futures,
and in particular a two-minute window in which 16 billion of the futures were sold.
Citigroup’s total E-mini volume for the entire day was only 9 billion, suggesting that
the origin of the trades was elsewhere, according to someone close to Citigroup’s
own probe of the situation. The E-minis trade on the CME.
A CME spokesman said it found no problems with its systems.
The New York Stock Exchange reported there were no computer glitches in its systems Thursday.
Separately, Nasdaq said it was working with other major markets to review the
market activity that occurred between 2:00 p.m. and 3:00 p.m.
2010 CNBC.com
SOURCE: http://www.cnbc.com/id/36999239
Needless to say, the commenters were skeptical, saying the whole thing was
intentional because there wasn't enough liquidity in certain markets:
Don't believe this BS. The market sell off was triggered because
of a completely[sic] lack of organic buyers in the markets. The carry
trade was getting crushed. The momo quants were all off. The
market did what a market is supposed to do when their[sic] isnt any liquidity.
And of course, the FARK thread is full of jokes about "fat fingered brokers".
A human trading error at a major firm was the root cause of Thursday's sudden,
9 percent selloff in U.S. stocks, sources told CNBC.
Multiple sources said a trader entered the letter "b"—as in "billion"—when he
or she meant to type "m," for "million," shortly before 2:47 p.m. New York time.
U.S. stocks plunged suddenly, briefly by more than 9 percent, before pulling
back to a near 3 percent drop, as investor worries mounted that Greece's debt problems could spread.
Sources also told CNBC that the firm in question is Citigroup.
Citigroup [C 4.04 http://media.cnbc.com/i/CNBC/CNBC_Im...hlist_down.gif -0.14 (-3.35%) http://media.cnbc.com/i/CNBC/CNBC_Im...ltime_icon.gif] said it has no evidence of a bad trade but it is investigating the situation.
"We, along with the rest of the financial industry, are investigating to find the source
of today's market volatility," Citigroup said in a statement. "At this point we have
no evidence that Citi was involved in any erroneous transaction."
According to a person familiar with the probe, one focus is on futures contracts tied
to the Standard & Poor’s 500 stock index, known as E-mini S&P 500 futures,
and in particular a two-minute window in which 16 billion of the futures were sold.
Citigroup’s total E-mini volume for the entire day was only 9 billion, suggesting that
the origin of the trades was elsewhere, according to someone close to Citigroup’s
own probe of the situation. The E-minis trade on the CME.
A CME spokesman said it found no problems with its systems.
The New York Stock Exchange reported there were no computer glitches in its systems Thursday.
Separately, Nasdaq said it was working with other major markets to review the
market activity that occurred between 2:00 p.m. and 3:00 p.m.
2010 CNBC.comSOURCE: http://www.cnbc.com/id/36999239
Needless to say, the commenters were skeptical, saying the whole thing was
intentional because there wasn't enough liquidity in certain markets:
Don't believe this BS. The market sell off was triggered because
of a completely[sic] lack of organic buyers in the markets. The carry
trade was getting crushed. The momo quants were all off. The
market did what a market is supposed to do when their[sic] isnt any liquidity.
And of course, the FARK thread is full of jokes about "fat fingered brokers".
HELL IS EMPTY, ALL THE DEVILS ARE HERE. -- Shakespeare
- #238,518
- May 7, 2010 7:19am May 7, 2010 7:19am
- | Commercial User | Joined Jul 2009 | 5,375 Posts
sky u been shorting hey???
I feel that this could be pushed higher but not ahead of Newsand Market Open in 1 hour+
Unless some of those boys push wrong button again and market tank
like yesterday..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
- #238,519
- May 7, 2010 7:21am May 7, 2010 7:21am
He-he..
and Market Open in 1 hour+
Unless some of those boys push wrong button again and market tank
like yesterday..
don't tel me you belive that crap
- #238,520
- May 7, 2010 7:24am May 7, 2010 7:24am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
COT: The precious data ignored