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  • #18,361
  • Sep 27, 2011 1:39am Sep 27, 2011 1:39am
The GBP has been way more resilient than I had expected after Broadbents dovish speech the other day on more QE and monetary policy.... I figured since he replaced sentance(uber hawk) and he isnt hawkish in the least that the GU would be really hittin the skids pushing down hard to 1.5

I mean it seem slike a foregone conclusion the BOE is going to do another round of easing before the Fed does.... come on GU... fuckin tank faster
  • #18,362
  • Sep 27, 2011 1:45am Sep 27, 2011 1:45am
Quoting Wulfgar
The GBP has been way more resilient than I had expected after Broadbents dovish speech the other day on more QE and monetary policy.... I figured since he replaced sentance(uber hawk) and he isnt hawkish in the least that the GU would be really hittin the skids pushing down hard to 1.5

I mean it seem slike a foregone conclusion the BOE is going to do another round of easing before the Fed does.... come on GU... fuckin tank faster
Agree mate. the BOE is in extreme dovish mode. They were no shy to announce printing money + QE++ and low interest rates despite any inflation implications.

The only think "holding" a further selloff is short term stock markets hasn't bottom yet and there is a lot of cash still to make the move but when it happens (short term) the pound can really make a big dive.... tracking closely cable here.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #18,363
  • Sep 27, 2011 1:45am Sep 27, 2011 1:45am
Quoting sisse
Press, live in cnn but is just an alert because he is in Germany with Merkel. Nobody believes him if this will be a bla bla from Greece.....

Nothing so far auctions results should be coming soon as the last potential mover for the morning in the euro...
Could this be the day of Default?

Little soon, according to the tea-leaves, but if you're going to surprise, may as well surprise.

When are they going to act (one way, or the other)? The rampant speculation the whole thing is left open to is comical.
  • #18,364
  • Sep 27, 2011 1:48am Sep 27, 2011 1:48am
Quoting sisse
Agree mate. the BOE is in extreme dovish mode.
If there were ever a time when a CB can afford to be dovish...the time, surely, must be nigh.

Unless you're the SNB, of course.
  • #18,365
  • Sep 27, 2011 1:50am Sep 27, 2011 1:50am
Silvers on +$32. Bit by bit, its claiming lost ground.
  • #18,366
  • Sep 27, 2011 1:53am Sep 27, 2011 1:53am
Quoting sisse
Agree mate. the BOE is in extreme dovish mode. They were no shy to announce printing money + QE++ and low interest rates despite any inflation implications.

The only think "holding" a further selloff is short term stock markets hasn't bottom yet and there is a lot of cash still to make the move but when it happens (short term) the pound can really make a big dive.... tracking closely cable here.

sisse

absolutely! Watching Cable and all my correlating markets for more risk aversion... Im thinking the German EFSF thing on thursday may hopefully give us a punch....

but Im targeting 1.5072 on the cable... and Ill load up some shorts if we hit the 5715 for sure
  • #18,367
  • Sep 27, 2011 1:54am Sep 27, 2011 1:54am
first touch of DP gotta be good for a short scalp
  • #18,368
  • Sep 27, 2011 1:55am Sep 27, 2011 1:55am
Quoting kenfen69
Could this be the day of Default?

Little soon, according to the tea-leaves, but if you're going to surprise, may as well surprise.

When are they going to act (one way, or the other)? The rampant speculation the whole thing is left open to is comical.
The playing field has changed a bit in the last 2 weeks. My new approach is that they are setting the playing field for an "orderly default".

All the mumbojumbo of delaying last week the funds and this week (Thursday) Germany has to approve, todays meeting between Greek PM and Merkel, Saturday a new Sarkozy-Merkel and next week final review for handing in the funds is all to gain time. Stock markets have to stop panic mode and especially EZ BANKs liquidity problems have to be guarantee first before any "official" default.

In simple words, we are witnessing an orderly process so we just need to be patience for that knee jerk reaction and more importantly get ready to react fast on the new playing field after...

In any case, 1.348x last London level for bulls after that we'll need to wait for the US

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #18,369
  • Sep 27, 2011 1:57am Sep 27, 2011 1:57am
Quoting kenfen69
Two remain...they can have them at BE's, or so...
Closed the lower of the two a little while back...50ish. Took some of the top one now at +80. Still packing long Aussies...not falling anywhere near the same rate.

Attached Image (click to enlarge)
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Getting ready to retire for the night.
  • #18,370
  • Sep 27, 2011 1:57am Sep 27, 2011 1:57am
Quoting chazzle
first touch of DP gotta be good for a short scalp
vv for eu coming up at 477
  • #18,371
  • Sep 27, 2011 1:59am Sep 27, 2011 1:59am
Quoting kenfen69
Took some of the top one now at +80.
nice
  • #18,372
  • Sep 27, 2011 2:02am Sep 27, 2011 2:02am
Quoting sisse
...Stock markets have to stop panic mode and especially EZ BANKs liquidity problems have to be guarantee first before any "official" default.

In simple words, we are witnessing an orderly process so we just need to be patience for that knee jerk reaction and more importantly get ready to react fast on the new playing field after...
But even that...didn't I catch a headline yesterday somewhere that said French banks are NOT set to re-capitalize banks? Or was I dreaming...because that is highly possible, too.

Anyway...really starting to adopt gator's approach/line...I wish they would hurry up and fix the EU so we can fall. <-- Something like that...not a direct quote.
  • #18,373
  • Sep 27, 2011 2:04am Sep 27, 2011 2:04am
Quoting chazzle
nice
Scalpel? scalpel. Suction? suction. Oh...we got a runner!
  • #18,374
  • Sep 27, 2011 2:07am Sep 27, 2011 2:07am
Quoting Wulfgar
oh that is the worst!
Well I hate to report that my long from 9004 got stopped out at +5 pips due to some retarded trade managing software( could of been operator error cuz i was in a hurry)

oh well... hopefully itll take a little deeper stab under the .9 handle next time( if there is a next time)
crap....


u better get back down here 1 more time UCHF!!! you bastard!!
  • #18,375
  • Sep 27, 2011 2:10am Sep 27, 2011 2:10am
Quoting chazzle
nice
Look at the circled bastard, though. They shook me of a portion @ +2 and then dropped it 50+ a little over a minute later!

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I knew they shook me right away, too...bastard 'n whores!
  • #18,376
  • Sep 27, 2011 2:13am Sep 27, 2011 2:13am
Quoting sisse
...todays meeting between Greek PM and Merkel...
Did they kiss? A hug at least?

Something was good for +30 pips there.
  • #18,377
  • Sep 27, 2011 2:16am Sep 27, 2011 2:16am
Quoting kenfen69
Silvers on +$32. Bit by bit, its claiming lost ground.
$32.50+

MAD flows!

EDIT: Nearing 50% retracement of the bleeding...

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Which...if you look left...is a bit of a supply zone, too...confluence! For those that short silver...could be worth a shot. I am not one of those, though.
  • #18,378
  • Sep 27, 2011 2:18am Sep 27, 2011 2:18am
Quoting kenfen69
Look at the circled bastard, though. They shook me of a portion @ +2 and then dropped it 50+ a little over a minute later!

Attachment

I knew they shook me right away, too...bastard 'n whores!
yep - was tricky to call couple of hours ago , I think you did well for +80 on the rest.
  • #18,379
  • Sep 27, 2011 2:26am Sep 27, 2011 2:26am
Quoting chazzle
yep - was tricky to call couple of hours ago , I think you did well for +80 on the rest.
Bumpy auld run today. I have some long green Aussies that made it easy enough to hold the EU. The entries made me squirm...didn't feel right at all. Glad it wasn't my only source of pips today, because I don't think I would have made it much past the entry.
  • #18,380
  • Sep 27, 2011 2:26am Sep 27, 2011 2:26am
Quoting kenfen69
Did they kiss? A hug at least?

Something was good for +30 pips there.
ready to go up?always success ken.
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