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Strategies & Market Trends : LET'S PLAY IN THE FOREX..AND NOT GET LOST! -- Ignore unavailable to you. Want to Upgrade?

To: CapitalistHogg™ who wrote (203)7/26/2007 8:14:13 PM
From: RockyBalboa  Respond to of 247
 
Don't use stops. Perhaps use mental stops to cut a position if it is umconfortable.

Indeed. today was an awkward day with lots of bounces.

If you see how bad the NZD traded....



To: CapitalistHogg™ who wrote (203)7/29/2007 4:35:33 PM
From: RockyBalboa  Read Replies (1) | Respond to of 247
 
what an odd reaction - japanese govt party lost and the Yen climbs a lot vs USD and all other currencies gap down.

Carry trades are down nearly 100 bp. A pretty violent ending.

The "soft currencies" gap down 50bp (see NZD). A lot of liquidation underway.



To: CapitalistHogg™ who wrote (203)8/6/2007 3:34:31 PM
From: RockyBalboa  Read Replies (1) | Respond to of 247
 
THis is a brutal spike in EUR JPY, I short it. Right hand side of the chart.


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