Crap Buddist
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Well I'm not doing much but a link to Kathy Liens site ,she's alright ? Forex Blog | Currency Research | Kathy Lien Mind you sounds like she is buggering off for a couple o weeks too ? No wonder we getting skinny ranges ?
Caught this FX volumes report For uk,(from Kathy's site) alright for having an anoraking moment or 2 I thought
http://www.bankofengland.co.uk/markets/forex/fxjsc/fxturnresults080728.pdf
Mainly I was snooping about to find any info regarding summer volumes. A member mentioned it a couple weeks back, and just thinking if there is any published info regarding typical volume drop off periods or general summer easing..
Caught this FX volumes report For uk,(from Kathy's site) alright for having an anoraking moment or 2 I thought
http://www.bankofengland.co.uk/markets/forex/fxjsc/fxturnresults080728.pdf
Mainly I was snooping about to find any info regarding summer volumes. A member mentioned it a couple weeks back, and just thinking if there is any published info regarding typical volume drop off periods or general summer easing..
JillyB
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ISM didn't do much either. I was really hoping that the amount of news yesterday and today would shake things up a bit in the market but nothings happened. I've only had two trades all week - both on GBP/USD (both came in winners - which was nice :clap
Apart from that it's been a really slow week.I bet it will be a really good week next week - I go on holiday tomorrow! It's sod's law - everything will fire off on Monday and I'll miss it.......Ah well!:whistling
Crap Buddist
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Well if everyone didn't bugger off on holiday volumes might be sustained and interest keen ! I trust your going for a Long weekend only ? lol bahhhhh.
Take a laptop with ya !
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Newtron Bomb
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was hopeing to see some movement myself
looking like we might see some late day movements as I'm typing, had a couple of small gains today but nothing like what I expected... ho hum
Where have the 300 pip NFP days gonce that we used to see a few years ago!!
looking like we might see some late day movements as I'm typing, had a couple of small gains today but nothing like what I expected... ho hum
Where have the 300 pip NFP days gonce that we used to see a few years ago!!
Crap Buddist
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Well worry not wait until well off working & middle class china start having a punt in the markets in the next few years . every little helps ?
JillyB
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'Fraid not, going for the whole week! But I am taking my laptop -though what reception there is half way up a mountain in the Lake District I'm not sure
I'm just thinking back to last August - the markets certainly didn't hang around then and it turned out to be a really piptastic few weeks. Anyone else remember it??
Crap Buddist
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'Fraid not, going for the whole week! But I am taking my laptop -though what reception there is half way up a mountain in the Lake District I'm not sure
I'm just thinking back to last August - the markets certainly didn't hang around then and it turned out to be a really piptastic few weeks. Anyone else remember it??
hmm nice, hope the weather is kind for you. Keswick, Catbell's and the Pack Horse pub is a good combo , although in which order I wouldn't like to advise !
rags2riches
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Nice moves on usd/jpy and gbp/usd this morning but i got out too early.
False breakout attempt on eur/usd completed a double top setup. Short since 80 but things only really get interesting if price stops chopping about and breaks cleanly past 47ish.
Wait and see...
[update: more chop due to trend line bounce. Best to wait for a more decisive breakout either long or short. Don't care which. ]
False breakout attempt on eur/usd completed a double top setup. Short since 80 but things only really get interesting if price stops chopping about and breaks cleanly past 47ish.
Wait and see...
[update: more chop due to trend line bounce. Best to wait for a more decisive breakout either long or short. Don't care which. ]
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Gumping
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Did you get whipsawed on the EUR/USD Rags? Could be painful
I was looking for a bargain vis a vis a long trade.
Does anyone know how to post charts from DailyFX? If so, please PM me instructions and I'll put one up to show what I'm looking for.
rags2riches
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Did you get whipsawed on the EUR/USD Rags? Could be painful
I was looking for a bargain vis a vis a long trade.
Does anyone know how to post charts from DailyFX? If so, please PM me instructions and I'll put one up to show what I'm looking for.
Got hit by the short spike but recovered it when price moved past 602 to test resistance at 632 ish. Then called it a day since it was getting late. Choppiness smacks of manipulation or indecision....
Oh well.
Gumping
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Too true
I stayed out this morning because of the indecision.What I was looking for: check out the chart below. We've intersected a trendline from just under a year ago, and I'm a bit tentative as to whether the market will honour this one or break it. A break down could get us back into the 1.5300's. Either way I'm looking for a bargain vis a vis a long and hopefully the market will tip it's hand pretty soon
Today's action was well and truly neutral.Attachments
rags2riches
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Too true
What I was looking for: check out the chart below. We've intersected a trendline from just under a year ago, and I'm a bit tentative as to whether the market will honour this one or break it. A break down could get us back into the 1.5300's. Either way I'm looking for a bargain vis a vis a long and hopefully the market will tip it's hand pretty soon
There is a lot of confluence for a long on the daily charts. Price is finding support potentially:
- at the trendline
- at the 61.8% retracement from 13th June long
- at a pivot line (acted as S+R in the past)
But as you have said, the market needs to tip its hand 1st. A big daily pinbar pointing down would be nice tomorrow.
Gumping
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There is a lot of confluence for a long on the daily charts. Price is finding support potentially:
- at the trendline
- at the 61.8% retracement from 13th June long
- at a pivot line (acted as S+R in the past)
But as you have said, the market needs to tip its hand 1st. A big daily pinbar pointing down would be nice tomorrow.
Sure would Forgot about the Fib level - we're almost right on it!
Crap Buddist
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Holding GBPJPY short 212.43 from yest. eve. at the mo. Heading towards a Sir Francis straight . Still seems like its heavy in the water at the mo...see how it plays out from here 4-8 hours or so..
Yeah...... its difficult to see anything but downside for Cable at the mo.. I am also hoping the fed will make a clear statement then I will be back.. It would be nice to hear B Bernake talk like Glenn Stevens and give a clear signal as the the next move.. but I suppose it will be the usual cryptic's
Gumping
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There is a lot of confluence for a long on the daily charts. Price is finding support potentially:
- at the trendline
- at the 61.8% retracement from 13th June long
- at a pivot line (acted as S+R in the past)
But as you have said, the market needs to tip its hand 1st. A big daily pinbar pointing down would be nice tomorrow.
Is the 1hr chart 'spiky' enough for you Rags? Into minor support at 1.5465 - but the market still hasn't tipped it's hand.
