EURUSD

The Exchange Delivery Settlement Price (“EDSP”) for FTSE 100 and 250 Index Futures and Options Contracts (“the Contracts”) is based on the Index value created by the intra-day auction in each of the constituent securities which is run specifically for that purpose by the London Stock Exchange.
These index expiries occur:

 

1. On the third Friday of every month for the FTSE 100 Index Options.
2. On the third Friday of every quarter (March, June, September and December) for the FTSE 100 and FTSE 250 Index Futures.

On the relevant day the auction call in each security starts at 10:10am. Uncrossing is scheduled to take place from 10.15am (a random start time of up to 30 seconds is applied). For the duration of the EDSP intra-day auction continuous electronic trading is suspended in the securities concerned.

The prime purpose of the auction is to concentrate liquidity in the constituent securities and establish a price for NYSE Liffe’s expiring index contracts. NYSE Liffe declares the final settlement price (the EDSP) against which all outstanding open positions in that delivery/expiry month are settled.

The current EDSP intra-day auction follows the same functionality as the London Stock Exchange’s daily closing auction process with the variation that tighter price monitoring parameters are applied.

A single 2 minute market order extension is invoked if the auction matching process would result in market orders remaining unexecuted on the order book.

http://www.londonstockexchange.com/t...ment-price.htm

Its been released on Forexlive.com 15mn ago...kinda late !

One can clearly understand the FF traders sentiment now...everyone short.... lol...what market gonna do now???

IMF’s Strauss Kahn: Europe has “serious growth problem”, productivity lags in Southern countries with competitiveness problems

 

1. Sovereign debt crisis not over in Europe
2. Medium-term fiscal consolidation crucial in Europe, job creation must be a priority
3. Europe needs to further integrate labour markets
4. Economic growth needs to be more balanceed, both globally and within Europe
5. It’s simply not true that surpluses are good and deficits are bad
6. Current account deficits in some European countries must shrink, domestic demand in Germany must rise
7. Immigration to Europe would boost long-term growth, good solution for skills shortage
8. China understands better that it may be in its’ own benefit to move in the right direction on imbalances
9. Chinese currency issue is not the single problem

Strauss Kahn’s comments have caused EUR/USD to dip below 1.3700, presently at 1.3698.

A H1 close above 1,3700 and i will go long for 1,3750
Based on the current PA i don't see going down a lot.
But it might change later...

I know exactly what you mean ........ friday is always like a black friday ... sometimes it is good if you go the right way if not is can be a disaster....

SL to BE.
confirmation of my trade.

Hey bro.
I took it after the spike. Thats when the price fell down to that level.

50 pips in the bank.

back timely to see 1.3733 hold or breaks .usdchf trying it bext breaking 0.9919 & if fail to fall further 0.9848 & eu up further .pulback ,after pulback going on.short still there , sl above this 3733.lets see
fontu

Bearish on 1H: RSI, Stoch and MACD turning down, but a lot of MA's between daily R1 and PP.

Also looks like a 5-wave completed from Wednesday's low...

Too much risk for me => weekend

Cashed out

Called this one 50 pips from the top !
At some time many were yelling next stop 3900.

Yes confusion continues , no confirmation yet any side
fontu

Yes, you got that right, what to do now.

come on dude, I went short an hour or so ago at 1.3717, my SL gets hit to the pip, I wait for another opportunity, I see one, I go long and just when I do that It goes down more! I lost 100 pips in two hours. I think I'm just gonna use a coin.

Euro Collapsing

Wait until something comes out.
We are friday so the unpredictable move was predictable

Friday seems to be a praying day...take a position and pray for it to be right

I did nothing today, and I'm calling it a week. Good luck, and have a good weekend, PTL

if we break this green resistance, how deep we will go?:>