Disliked{quote} good god man shut the F up already. And the rest of you stop giving him the attention!!!Ignored
- #1,052,623
- Jan 27, 2016 4:53am Jan 27, 2016 4:53am
- Joined Dec 2014 | Status: Klugscheißer | 8,318 Posts
- #1,052,625
- Jan 27, 2016 4:56am Jan 27, 2016 4:56am
- Joined Aug 2009 | Status: Trader | 12,448 Posts
{quote} any ideas for chf and jpy too?
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- #1,052,626
- Jan 27, 2016 4:58am Jan 27, 2016 4:58am
- Joined Aug 2009 | Status: Trader | 12,448 Posts
{quote} BOJ has been inflating JPY and doesn't like the current strength of their valuation if FOMC comes back with weak indication of hikes I'm looking at JPY and EUR going bullish. JPY to 119+ maybe 120. EUR back to .090+ maybe 1.1 finally hit. IMO both pairs will reverse but we could see substantial gains for both in the next couple weeks. If FOMC comes out with solid plans for rate hikes shorts on JPY/USD and EUR will have a great day and lots of stops will get triggered. It's a toss but either side can be played correctly with some tight stops...
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- #1,052,627
- Jan 27, 2016 5:14am Jan 27, 2016 5:14am
- | Joined Nov 2014 | Status: Trader | 1,140 Posts
{quote} yes swissy is trying to dump there are plenty of buyers right now, if the weaken she will dump hard, geppy is in a big battle zone, best left alone 169 60 still in play , uj could be the key or ignition will see what this candle closes like
Thanks & thanks
- #1,052,628
- Jan 27, 2016 5:52am Jan 27, 2016 5:52am
{quote} agreed but they had/have no choice, , as with swiss, intervention makes fundies very suspect, so just focusing on techs, on monthly the rally was generally composed of 2 - 3 monthly drives settle then repeat, so far this pull back is similar but much more agressive, however if this months candle closes anywhere near here, would expect settle, aka range east, but looking left, that coresonding sideways lasted 11 months, so watching this months close then expecting sideways, possibly trading the range once established, otherwise still thinking...
- #1,052,629
- Jan 27, 2016 5:56am Jan 27, 2016 5:56am
- Joined Aug 2009 | Status: Trader | 12,448 Posts
{quote} Missed your requote just saw this and I'm absolutely watching for the months candle close 160 is not reaching at all. Very possible minus serious intervention as we have seen in the recent but we will have that answer by today/friday.
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- #1,052,631
- Edited 9:31am Jan 27, 2016 6:04am | Edited 9:31am
- | Joined Aug 2009 | Status: Trader | 1,871 Posts
- #1,052,632
- Jan 27, 2016 6:06am Jan 27, 2016 6:06am
{quote} yes for mere mortals fridays close will be January's close, spreads have started going spastic right now
Eur/usd is like dead meat...
Is not doing anything... Just stay there and wait for statement but when it comes i will doooo...hmmm guess what ....
Nothing
)
- #1,052,633
- Jan 27, 2016 6:27am Jan 27, 2016 6:27am
- | Commercial User | Joined Jun 2015 | 200 Posts
onorebate
- #1,052,634
- Jan 27, 2016 6:33am Jan 27, 2016 6:33am
- Joined Aug 2009 | Status: Trader | 12,448 Posts
{quote} Eur/usd is like dead meat... Is not doing anything... Just stay there and wait for statement but when it comes i will doooo...hmmm guess what .... Nothing
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- #1,052,636
- Jan 27, 2016 7:09am Jan 27, 2016 7:09am
- | Commercial User | Joined Feb 2010 | 13,260 Posts
- #1,052,637
- Jan 27, 2016 7:09am Jan 27, 2016 7:09am
- Joined Jan 2016 | Status: back to the lab again | 425 Posts
Things are starting to move a little. Pretty tightly correlated though. Not sure I want to jump into what could potentially be a thin market in front of FOMC. Good way to get my trading neck broke with the whips.
EUR/USD is showing a little strength right now - again, I'd be worried about thin markets and false breaks. If it does run higher there isn't a lot of short term resistance to hold it back, based on recent volatility. I just don't see how there can be any serious re-positioning of the pair prior to this afternoons statement. Without a doubt there is some serious "what-if" analysis going on at larger portfolio levels and those adjustments could also trigger automated models once they start moving. That likely won't happen, I don't see the Fed saying anything to surprising this close to the first bump in rates, if we get surprises it will likely be later in the year. I'll be on the bench today, good day to code.
EUR/USD is showing a little strength right now - again, I'd be worried about thin markets and false breaks. If it does run higher there isn't a lot of short term resistance to hold it back, based on recent volatility. I just don't see how there can be any serious re-positioning of the pair prior to this afternoons statement. Without a doubt there is some serious "what-if" analysis going on at larger portfolio levels and those adjustments could also trigger automated models once they start moving. That likely won't happen, I don't see the Fed saying anything to surprising this close to the first bump in rates, if we get surprises it will likely be later in the year. I'll be on the bench today, good day to code.
When you hit 50, coffee becomes part of a proper modeling pipeline.
- #1,052,638
- Jan 27, 2016 7:10am Jan 27, 2016 7:10am
- Joined Dec 2014 | Status: Klugscheißer | 8,318 Posts
