AUD

[Kauri]

closed out 1/2 of short posie, leaving rest running data risk-free.. vinocators suggest a bottom of sorts soon.. maybe.. will await the jockeying pre-data and see which side to take once they settle at the first turn.. I thunk..
Cheers
..........Kauri

 

[ithatheekret]

are you going off retracements of the 905's or 902's ?

 

[Kauri]

are you going off retracements of the 905's or 902's ?

don't confuse me..
Cheers
........Kauri

 

[ithatheekret]

sorry mate

I just closed a win win , have 1 incy wincy long left , but is in the green lots .

Have to get hangover more often , ps thanks for data mate worked a breeze .

Implieds are all over the place ?


Cheers

Mark


No it's gone .

 

[ithatheekret]

Didn't sell enough puts , well I did , but should have been gamer .

I get somewhere between an implied range of 8812-8796 .

I think Skips gonna do a tennis ball down the stairs job , until it hits a wall .

Remember them Kauri ?

 

[Kauri]

Didn't sell enough puts , well I did , but should have been gamer .

I get somewhere between an implied range of 8812-8796 .

I think Skips gonna do a tennis ball down the stairs job , until it hits a wall .

Remember them Kauri ?

Been busy prising a couple of treads loose in case skip does try the stairs... vinocators rolling so I'm waiting to see if it is a rally or correction or confusion...
Cheers
..........Kauri

 

[Kauri]

Been busy prising a couple of treads loose in case skip does try the stairs... vinocators rolling so I'm waiting to see if it is a rally or correction or confusion...
Cheers
..........Kauri

Just gotta love thise vinocators.. not only do they often help me onto the right side of a trade, they help get me out of a turning one..
Cheers
..........Kauri

 

[ithatheekret]

Test ...........

 

[ithatheekret]

I just can't get it to convert the MDI files yet , I 'm doing something wrong . because it allowed that test plat up .

 

[ithatheekret]

test2

 

[Kauri]

a bounce... before another stroll down stop loss lane??
Cheers
..........Kauri

 

[Stormin_Norman]

i got the rate jump to 90 this morning. then walked away not to do the dough won.

im surprised how much it fell. what are futures doing? is that's whats dragging down the dollar? if i was a big company id be looking to lock in my future contracts at the current exchange rate, given all the uncertainty at the moment.

 

[ithatheekret]

I was reading a Korman Tam piece today , had to dash off for pool duties .

This was up earlier , but it just about sums up the traders mood at the moment , with much of what's happened already built in so far .

http://www.forexnews.com/na/default.asp?f=N20080130-1900.mgn&id=1


FOMC Slashes 50-BP by Korman Tam



The FOMC, as largely expected, cut its benchmark-lending rate by 50-basis points to 3.0%. In the accompanying statement, the Fed reiterated lingering downside risks to growth – acknowledging that "financial markets remain under considerable stress" amid tightening credit conditions. The Fed said that recent data points toward further deterioration in the housing market and softening in labor conditions. However, the Fed highlighted the need to continue monitoring inflation in spite of expectations for it to moderate in the coming quarters. The greenback, initially stronger heading into the announcement, quickly gave back its gains – slipping to 1.9960 against the sterling and near the 1.49-level versus the euro.

On the data front, US reports painted contrasting outlooks for the economy. The January ADP payrolls blew away consensus estimates for a slight increase to 45k from 40k, instead spiking to 130k. Traders quickly rewarded the dollar following the release. Shortly after, markets were treated to a polar opposite reading on the economy, with the advanced Q4 GDP revealing anemic growth of 0.6% compared with a robust 4.9% reading from the previous quarter. The disappointing growth rate for the fourth quarter, which was its lowest since 2002, fuelled speculation that the US economy is heading into a recession – further supporting the case for additional policy easing from the FOMC in the coming months.

Also worth noting was an announcement from Qatar, which said it was mulling over its currency policy. Qatar’s peg to the dollar has resulted in heavy inflationary pressure given the greenback’s broadbased descent in recent years.


Traders will look ahead to a barrage of economic data from the Eurozone and US in the session ahead. The Eurozone reports consist of Germany’s unemployment rate, retail sales, Eurozone economic sentiment, HICP flash and E-13 unemployment rate. Meanwhile, in the US, the data include personal income, consumption, weekly jobless claims, Q4 ECI and the Chicago PMI.

 

[ithatheekret]

Does that look like a Doji or too much body , my eyes are blurred tonight ?

 

[Kauri]

Does that look like a Doji or too much body , my eyes are blurred tonight ?

It looks like an unopened can of Pure Blonde to me... but I am biased.. tonight.. :bier:

Cheering
............Kauri without legs..

 

[ithatheekret]

Should we summise there's a pile of stops just beyond that 0.90 line ?

 

[Kauri]

Should we summise there's a pile of stops just beyond that 0.90 line ?

The only ones I've heard of are 0.8785 and 0.9075 strikes .. but 90 is too round a number not to have something parked there??? For some reason they don't like to advertise
Cheers
.........Kauri

 

[ithatheekret]

Yeah , at least we show everyone what where doing .

FFT .

The Tenk will prob cross from underneath around 88987/88/89 -889890
I like it .

PS.. that will make the 2nd attempt to breach 090 today . 1st was a halt at the line , so either DT or go Skip , find out in a sec .

 

[ithatheekret]

that 09002 and 09005 touched 09005 was last barrier , so either a concrete wall there or a youmg pimply guard

 

[ithatheekret]

I just had three 09005 absorbed then it went 09007 , new carrot to aim for now .