SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Trading the SPOOs with Patrick Slevin! -- Ignore unavailable to you. Want to Upgrade?


To: Patrick Slevin who wrote (6632)12/27/2000 9:20:42 AM
From: Atin  Read Replies (1) | Respond to of 7434
 
I've been trading currencies quite a bit instead of SP. I'm either going to get a real good trade in March Yen or get crushed. We shall see

Which way, long or short (I'm thinking short, but one never knows with you! You and I have been opposite a few times recently and you've always been right -- luckily no money was involved on my side! <g>) -- and the JY01H or JT01H? I'm just starting to read about currencies too -- but figured I learn most by watching <g>



To: Patrick Slevin who wrote (6632)12/27/2000 1:32:08 PM
From: Gersh Avery  Read Replies (1) | Respond to of 7434
 
This pattern is caused by margin requirements.

People are forced into an unfavorable trade into the 4:15 mark. Then, when they reopen, the margin requirements are relaxed. This reverses the effect.

Prem can be charted to monitor the pattern forming.