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Pip Anon replied Mar 17, 2013Like I mentioned, USDJPY nearly closed it's gap. I've seen it before. I think in a shit hits the fan scenario, dollar is king over Yen.
JPY Cross Pairs
- Pip Anon replied Mar 17, 2013
USDJPY is pretty close to closing it's gap. GBPJPY behind it. Sell Yen, looks like dollar is back to being a safe haven for now.
JPY Cross Pairs
- Pip Anon commented Mar 17, 2013
Doesn't mean you cannot attempt to analyze it or you'd have no basis for your own assumption other than a "gut" feeling.
FX Market Opens, EUR Hammered, CHF Bid; S&P To Open -30pts
- Pip Anon commented Mar 17, 2013
Perma-bulls looking to gobble up son S&P futures.
FX Market Opens, EUR Hammered, CHF Bid; S&P To Open -30pts
- Pip Anon replied Mar 17, 2013
Gap up on dollar, gap up but decline Yen. GEPPY and USDJPY rising big
Geppy's Geppy Thread (GBP/JPY)
- Pip Anon commented Mar 17, 2013
There we go market down
FX Market Opens, EUR Hammered, CHF Bid; S&P To Open -30pts
- Pip Anon replied Mar 17, 2013
Geppy kind of making a comeback. If only my cost basis was 142
lolGeppy's Geppy Thread (GBP/JPY)
- Pip Anon commented Mar 17, 2013
People make a living with technicals. Regardless, all of the analysis is subjective.
FX Market Opens, EUR Hammered, CHF Bid; S&P To Open -30pts
- Pip Anon commented Mar 17, 2013
Guess what? The big boys can hold 140 pip gaps. Your mico account might get blown up, but I've seen gaps like these close in hours. Can't blame them. It has yet to break the downtrend.
FX Market Opens, EUR Hammered, CHF Bid; S&P To Open -30pts
- Pip Anon commented Mar 17, 2013
My brokerage S&P futures went from -3.5 to -1. It could drop but I don't know if you will see anything until London. If it didn't sink as news hit, it may not.
FX Market Opens, EUR Hammered, CHF Bid; S&P To Open -30pts
- Pip Anon replied Mar 17, 2013
I am pretty sure his account his big, but I'd still have a heart-attack. Anyway ECB are scrambling to make a new deal. Maybe this will ease things. Apparently, they actually thought taking depositors' funds was ok.
Geppy's Geppy Thread (GBP/JPY)
- Pip Anon replied Mar 17, 2013
Very good observation. Regardless of whether it is a group of countries or a business, when you become lax and allow risky partners, customers or whatever, you are destine to go down in flames.
EURUSD
- Pip Anon commented Mar 17, 2013
Lol, we're still going to steal from you but just a little less.
Plans to revise Cyprus deposit tax on wires: under 5% for €0-100k, under 10% for €100-500k,...
- Pip Anon replied Mar 17, 2013
I think it depends on your risk exposure. My broker will give until 3AM to they liquidate, or if it's above a certain risk they liquidate immediately.
Geppy's Geppy Thread (GBP/JPY)
- Pip Anon commented Mar 17, 2013
Jay, Love the books! Well in regards to either, trader's psychology will always decipher direction. Although fundies can determine overall trend, like technicals, can be highly subjective in nature. Technicals or fundamentals, the market as a whole ...
FX Market Opens, EUR Hammered, CHF Bid; S&P To Open -30pts
- Pip Anon replied Mar 17, 2013
Yea. I have a small, small position. But still looking at a headache. I think it will survive. What I am thinking is they are selling Euros to buy Yen. However, Abe doesn't want that so he might take Yen down or have new asset purchases. I might ...
Geppy's Geppy Thread (GBP/JPY)
- Pip Anon commented Mar 17, 2013
True. Trade on fundamentals, enter and exit on technicals.
FX Market Opens, EUR Hammered, CHF Bid; S&P To Open -30pts