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The Really Useless Thread

  • #96,721
  • Jun 14, 2012 4:04am Jun 14, 2012 4:04am
6.993
Quant Hedge Fund CEO
  • #96,722
  • Jun 14, 2012 4:05am Jun 14, 2012 4:05am
Oanda SAID this.. but lots of other retail brokers are NOT>. but they will do the same.. I would add too.. try to keep your account exposure [especially with EUR Brokers] on half at least... Yuo can anytime top up your funds later..

cheers..

[Oanda]
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  • #96,723
  • Jun 14, 2012 4:11am Jun 14, 2012 4:11am
Market talk that ECB is checking prices in Spain...

...we might have reached their limit of tolerance, but markets will always prevail over CB manipulations...

EDIT: yields really going down 6.965 now
Quant Hedge Fund CEO
  • #96,724
  • Jun 14, 2012 4:20am Jun 14, 2012 4:20am
On-the-run:
-Italy sells EUR 3bln Mar’15 BTPs, bid/cover 1.592, Prev. 1.52 (yield 5.30%, Prev. 3.910%) – Highest yield since December 2011
Off-the-run:
-Italy sells EUR 873mln Mar’20 BTPs, bid/cover 1.662, Prev. 2.08 (yield 6.13%, Prev. 5.330%)
-Italy sells EUR 627mln Feb’19 BTPs, bid/cover 1.989, Prev. 2.27 (yield 6.10%, Prev. 5.210%)
Quant Hedge Fund CEO
  • #96,725
  • Jun 14, 2012 4:50am Jun 14, 2012 4:50am
Spanish 10yr climbing higher again 6.982

EU should be undergoing ST correction now but instead itīs stuck around 50 level. Further bear probable.
Quant Hedge Fund CEO
  • #96,726
  • Jun 14, 2012 4:57am Jun 14, 2012 4:57am
Quoting FXMastermind
Spanish 10yr climbing higher again 6.982

EU should be undergoing ST correction now but instead itīs stuck around 50 level. Further bear probable.
Don't track the bond market by the tick, it doesn't work like that in those markets. My 2 cents, just set an alarm at 7% just because of the media implications short term (obviously 7% is unsustainable for most countries but that requires auctions and time not a 5 minute breach of the level)...

In any case, there will be a bunch of news to the other side until election so better watch-out not to get suck in with the bonds. Bonds are the real benchmark for debt but not necessarily for a correlated intraday trading...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #96,727
  • Jun 14, 2012 5:09am Jun 14, 2012 5:09am
Quoting sisse
Don't track the bond market by the tick, it doesn't work like that in those markets. My 2 cents, just set an alarm at 7% just because of the media implications short term (obviously 7% is unsustainable for most countries but that requires auctions and time not a 5 minute breach of the level)...

In any case, there will be a bunch of news to the other side until election so better watch-out not to get suck in with the bonds. Bonds are the real benchmark for debt but not necessarily for a correlated intraday trading...

sisse
You are right as usual, not arguing about that, I am just sharing the current status for guys without access to FI feed. All I was looking for was a quick FA based low risk scalp if we crossed 7%, still the implications of this level might be amplified by upcoming elections and finally spark some proper move from this congestion zone...My 2 cents
Quant Hedge Fund CEO
  • #96,728
  • Jun 14, 2012 5:10am Jun 14, 2012 5:10am
Quoting fxjawn
lookin good...

gbp/usd was also a very nice long opp.... lets see how much they give here
Nice call there, bro, gotta look into geppy once in a while as well...
Quant Hedge Fund CEO
  • #96,729
  • Jun 14, 2012 5:13am Jun 14, 2012 5:13am
S cable 1.5526 for a few, giving 5
Quant Hedge Fund CEO
  • #96,730
  • Jun 14, 2012 5:14am Jun 14, 2012 5:14am
Quoting fxjawn
lookin good...

gbp/usd was also a very nice long opp.... lets see how much they give here
pinkish

cable is sweet for now
  • #96,731
  • Jun 14, 2012 5:23am Jun 14, 2012 5:23am
Quoting FXMastermind
S cable 1.5526 for a few, giving 5
out -5, probably too tight on stop, but this bull has balls so not willing to risk much.

Overnight highs broken.
Quant Hedge Fund CEO
  • #96,732
  • Jun 14, 2012 5:24am Jun 14, 2012 5:24am
monthly dow chart
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  • #96,733
  • Jun 14, 2012 5:26am Jun 14, 2012 5:26am
Quoting fxjawn
thanks bro... went long a bit early ..... faded the stops and just held so i have been in this for hours lol but looking good... dont know if it will make it all the way to my tp but ill just peel off some as it moves up and bail if it looks like its going to turn

a close above 5533 should take us their bro
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  • #96,734
  • Jun 14, 2012 5:30am Jun 14, 2012 5:30am
bulls had enough wheat?
  • #96,735
  • Jun 14, 2012 5:31am Jun 14, 2012 5:31am
Quoting Mr Hatch
bulls had enough wheat?

they had camel balls
  • #96,736
  • Jun 14, 2012 5:34am Jun 14, 2012 5:34am
same play same sitty levels
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  • #96,737
  • Jun 14, 2012 5:35am Jun 14, 2012 5:35am
Quoting fxjawn
10 8 5 3 2 1
  • #96,738
  • Jun 14, 2012 5:37am Jun 14, 2012 5:37am
Quoting Piters
Oanda SAID this.. but lots of other retail brokers are NOT>. but they will do the same.. I would add too.. try to keep your account exposure [especially with EUR Brokers] on half at least... Yuo can anytime top up your funds later..

cheers..

[Oanda]
Seems as if a prewarning for massive manipulation during off periods, like the 40-80 billion dollar kind liquidation/acquisition
"Millionaires don't use astrology, billionaires do"
  • #96,739
  • Jun 14, 2012 5:39am Jun 14, 2012 5:39am
Quoting pkimnyc
hey there bud.
GM Pk hope life is well bro
"Millionaires don't use astrology, billionaires do"
  • #96,740
  • Jun 14, 2012 5:39am Jun 14, 2012 5:39am
Quoting OrionsWay
Seems as if a prewarning for massive manipulation during off periods, like the 40-80 billion dollar kind liquidation/acquisition
does it matter? we'll retrace any single pip of that move anyway
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