Busy Day Tomorrow

[Anna-Maria]

	Quote:	torero
	Aren't you all technically skilled in order to trade forex? Or are there elements of fundamental analysis by brainstorming what-if questions (like Bruce Kovner does)?

He (Andre) just scans the wires every 60 seconds, sweeps up & supplies everyone with luke-warm, piss awful British tea torero.

[Art Krantz]

[BlowFish]

I almost spat my luke warm tea all over my laptop when I read that. I bet you just love our beer?

[milliard]

Ho ho ho, I’m splitting my goddamn sides here. For chrissakes don’t let Jimmy or that grinnin Irish genius across from me see these couple posts, they'll have me sitting a 20 question tech exam by sun down.

torero: yeah, we keep tabs on the main techs across the pairs. Some a little more closer than others. I guess if folks go stomping all over those itty bitty timeframes then they’ll require to be wired into the circuit a little tighter? But generally a 60m+ view will give us all we need.

Horizontal grids, an awareness of the key supply-demand zones, a check on the main drivers (fundamental flavors) & an eye on the wires is about all that’s required to feel your way round the table to be honest.

Folks have a nasty habit of making life awful difficult for themselves. Analysis overload? is what it’s termed as?

Mr Nuuu Yaaaark (Kovner) made a whole lot of his dough on the back of “stupid governments & clueless central bank bandits” & he aint wrong there. There’s still a lot of dough to be made from that particular quarter, believe you me.

As long as we got clueless half wits running the treasuries/finance streams & major trade floors out there, they’ll be a dollar to be made. Particularly if they’re Russian bank desks or high agg spec operators

I had to get that one in Gregorvy!!!!....just waiting to be tagged LOL.

Blowfish: we're quite partial to your John Smiths & Wherry Ale. Anna & a couple of the girls cook their grey cells with the Irish Cider & Black stuff, but on the whole it's very palatable

[Sledge]

	Quote:	milliard
	Hope you’re still positioned to the short side Mr Sledge? Prices flopping into Krantzy’s lower tier (from post #8) which should now act as a soft ceiling if we get a healthy close into the lower sixes down here. Counter bids unusually light at the 650-80 huh Annie Oakley? Those pirates talk a lot of shit at times. (weak) Russian lethargy if you ask me, that + EU/GB hot thru .8025 See how much reliance on that the Pound bears are likely to stomach. Time to get your 1.94 calling cards located children, playtime is looming!

Sorry for my delay here- a few "Life issues" cropped up in the last 48 hours. Yes sir, working shorts when I can get in on the high side. But have been having some good fortune taking the longs on the pump-ups also. Love this market- can win no matter which direction you favor!

[milliard]

	Quote:	Sledge
	have been having some good fortune taking the longs on the pump-ups also.

You sure will have today that's for sure. Soon as 775 consolidated, the shorts ran for cover & fired off those close quarter stops thru 9850.

Fleet of foot the name of the game (again) if transacting Cable this week

[torero]

Been busy last couple of mornings so I´ve been missing good entries on these runs. There´s always next time.

[Sledge]

	Quote:	milliard
	Fleet of foot the name of the game (again) if transacting Cable this week

Heh, and when is it not?

One of these days I'll actually understand all of the lingo trading. It was a good read with Art, Anna and yourself. But I think I got a bit lost back there- I'll catch up!

[torero]

What;s going on with the pairs just now? There was no news but GBPJPY and EURJPY are all spiking upwards. Is there a huge pump of sells on JPY?

[Art Krantz]

$/Jap just popped thru heavy (technical) stops at the much touted 102.75 for 103 torero. A lot of desks have been primed on that number past couple sessions.

Crosses will attract 'sympathy' accompanyment, especially GBPJPY. For extra confirmation on that pair; see Sterling strength (Cable & EURGBP).

EURJPY has been well bid all the way through the pipe into late NY trade, knocking on from very heavy appreciation (stops) thru the key 161.50 ceiling.

Just take a looky at your technical graph re; the EY, that tells you all you need to know regards that baby.


Now, if I could just drag that pain in the ass vsa thread stirrer & the rest of those bandits out of the bars, we might earn a few more commissions before the day's out