NYO has been pain to the upside today.

Ramblings of a Forex Junkie

Cliffs of note... - 28 June 1.2850/1.3315 DNT recently traded 6.0% on EUR 2mln (tv 2.6%) - Buyer receives payout if neither strike touched - Similar structures bought of late Was posted at 07:39

Ramblings of a Forex Junkie

Did you also happen to see the exotic option DNT E/U note on IFR this morning (through 6/28)?

Ramblings of a Forex Junkie

Yes, this makes complete sense. Was about to say (but then it started to move up)... If this 15m forms an inside bar I will take the break down to Prev DH and watch price with possible exit. This area would be approximately half the move up. This ...

Ramblings of a Forex Junkie

Was on mine as well. Possible area for entry on reversal back down, but I am currently not too comfortable with it. Long bars scare me, I know you feed on them

Ramblings of a Forex Junkie

Yes, unusual. I guess I don't feel too bad about taking profits a little early, just because this was a bit of a surprise to me. I had a bias thinking we might not move a whole lot during NY today, so I was a little gun shy. I have no business being ...

Ramblings of a Forex Junkie

I don't and have been trying to find some info once this thing kept pushing through levels. This thing only hesitated for about 3 minutes watching on the 1m at each level moving up.

Ramblings of a Forex Junkie

Just for clarification... 1) I don't trade London morning session. 2) You are on a 5m chart of E/U 3) Hindsight... you know the rest What I see that happened... 1) You had a entry off the previous daily high, which was a confirmed good entry by an ...

Ramblings of a Forex Junkie

I didn't say in my post that you can't trade daily open. Just stated that it was not London Open. They are 2 different things. You can trade any open/close, high/low you wish if you know what you are doing and how price reacts to the orders placed ...

Ramblings of a Forex Junkie

Just to be clear, you are showing daily open as your white line, not London Open. Had you been trading the proper London Open you would have had an entry based on what you said.

Ramblings of a Forex Junkie

This would be a problem. Don't get caught up on lines if you can't see through them. SP has stated you should focus on 3 when you start out, if you aren't familiar with the market use 3 lines. (O/H/L). This is very true to what SP is trying to get ...

Ramblings of a Forex Junkie

Yes, this is how I watch the action around the expiry cut, but on a 1m chart. Same thing (1m or 5m), but for some reason I just love the 1m. I can't speak specifically to E/J, but I did look at the chart after you have mentioned this. It appears the ...

Ramblings of a Forex Junkie

Always lurking...

Ramblings of a Forex Junkie

^^^^

Ramblings of a Forex Junkie

Curious as to why you wouldn't adjust an entry based upon the fact that NY opened near this level, which would bring additional orders into the market and cause the move down prior to hitting last week's high. I understand you have your rules, but I ...

Ramblings of a Forex Junkie

I believe it was 00:00 ET. Those (2 charts I believe) were showing some of my thoughts in relation to some levels discussed in this thread based upon on how I view them.

Ramblings of a Forex Junkie

In my post I was referencing 17:00 EDT for the Sunday open. My point of the post was simply the struggle for control of the currency at the very top of the pecking order and I was not trying to suggest anything else. If one actually wanted to dig ...

Ramblings of a Forex Junkie

Bored, it's cloudy and rainy here today, so like a tool guess what I am doing on a Saturday? Yes looking at charts... The weekly close before the Cyprus debacle (3/15): 1.3073(7) The opening on Sunday after Cyprus news: 1.2902(5) Average price of ...

Ramblings of a Forex Junkie

Yes, I was using today just as an example and it appears we view the orders the same way. I thought that you may be referring to how one may be able to see the move earlier, which you are, but I haven't thought about it that way. I feel much better ...

Ramblings of a Forex Junkie

Wouldn't you assume though that the defensive positions would not just be stop orders, but market orders as well? So, when the expiry is completed you would think you would have less selling pressure where those defensive positions took place. Those ...

Ramblings of a Forex Junkie