There was an ECB press conference at the same time Bob - always a bit crazy - up on a comment then smacked down on another.....
What I always find the most amazing, is that at the second the conference / news/ whatever starts, the prices react like madmen. Not after the news is digested and reacted upon, but at the scheduled moment the talking starts.
:youknow:
I wonder what would happen when some technicallity makes one meeting start half an hour later.......
Gertje » Thu May 08, 2014 2:47 pm wrote:
What I always find the most amazing, is that at the second the conference / news/ whatever starts, the prices react like madmen. Not after the news is digested and reacted upon, but at the scheduled moment the talking starts.
:youknow:
I wonder what would happen when some technicallity makes one meeting start half an hour later.......
Unless there is anything very significant and unexpected in news terms, it seems more and more like they are just an excuse to clear stops and move price wherever the big money wants it moved anyway <<<----- guess what - that's not really news :youknow:
I went short eur/usd at the top of the TMA. Looks really really good right now. Also looking for the gbp/usd to follow suit. When price is flying around you forget the indies and go with the gut. Looks like your euro drop is beginning AL.
Good show, nice choices, I bet you are smiling tonight. I already closed my usd/chf buy. Dont trust this market to hold any kind of position long.
I have taken half off, moved SL to +2.....willing to see how this plays out. I think this is the start of the turn down for the EUR and CHF. If I am correct, I will add on pullbacks on the 30Min charts next week.
Boy when they decide to dump a currency they go for it. EUR, CHF and NZD what a dive. Going to bed, nice fireworks display tonight. I hope this finally shakes this market up and we can get back to trading again. YEAH.
Good show, nice choices, I bet you are smiling tonight. I already closed my usd/chf buy. Dont trust this market to hold any kind of position long.
I have taken half off, moved SL to +2.....willing to see how this plays out. I think this is the start of the turn down for the EUR and CHF. If I am correct, I will add on pullbacks on the 30Min charts next week.
I am going to play the eur/usd from the top of the TMA to near the bottom on the daily chart. The news has just been too good for the USD lately for it to keep sinking against the EURO. Just wait for all the complaining from the euro bulls at FF tomorrow. Boy did they set those guys up with that spike tonight. RAPE job. I will be playing up to 5 levels by the time it gets there.
