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DutchTrader replied Aug 10, 2007Jason, I believe we will see a bit of a bounce, but equities are down in Asia, and I think the futures in Europe/London as well. Could be another round of liquidation after a slight retrace.
USD/JPY Discussion
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DutchTrader replied Aug 9, 2007Precisely. That's my point, this is panic selling and that throws all techs out th window. Like a friend of mine likes to call it "Chart Breakdown" where you just go with your instincts.
USD/JPY Discussion
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DutchTrader replied Aug 9, 2007EUR, GBP and USD/JPY are at major weekly support levels so a bounce should expected.Or not
You gotta love this contagion. No parameters, just sheer panic.USD/JPY Discussion
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DutchTrader replied Aug 9, 2007Yep, the thing is that all asset classes were at astronomically high levels that even, what we perceive, as a rapid decline in them still leaves them well above historical highs in case of the Dow, or at multi decade highs in the case of the high ...
330 pips in 4HR! what happened??
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DutchTrader replied Aug 9, 2007Everyone has their own style, if it works for you use it. If not, discard it. Be flexible and find one that suits you.
USD/JPY Discussion
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DutchTrader replied Aug 9, 2007That's a good question, it's been active versus the GBP and EUR though, but I guess you're comparing it to the JPY no?
USD/CHF
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DutchTrader replied Aug 9, 2007Yep, born and raised in the Low lands currently living in the US
USD/JPY Discussion
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DutchTrader replied Aug 9, 2007ECB Offers Unlimited Cash as Bank Lending Costs Soar (Update4) By Gavin Finch and Steve Rothwell image image A euro sign sculpture is seen outside the ECB in Frankfurt Aug. 9 (Bloomberg) -- The European Central Bank, in an unprecedented response ...
USD/JPY Discussion
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DutchTrader replied Aug 9, 2007ECB lent 100 billion euros to alleviate credit crunch.BNP and a German bank reported losses in hedgefunds.
330 pips in 4HR! what happened??
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DutchTrader replied Aug 9, 2007Well these aren't rumours,they're facts this time. The ECB lent over a 100 billion in Euros to ease liquidity. A German and French bank have funds in disarray and of course we have China threaten to use their reserves as a poison pill measure. We ...
USD/JPY Discussion
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DutchTrader replied Aug 9, 2007So it appears we are once again in the midst of a subprime spawned sell-off.
USD/JPY Discussion
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DutchTrader replied Aug 9, 2007There is a link to the calculator that Dove uses somewhere in here.
USD/JPY Discussion