International markets traders banter

[Trembling Hand]

Oh ok cool - what I meant was, can you do this. esignal data feed into IB and then that data also feeding ninja?

Nah they just both feed NT.

 

[professor_frink]

Well I intend to, Avid Chartist is pretty good and provides very good insights at MB commentary. What I don't understand are the basis of your criticisms.

I don't know if I would really call much of the info I just saw on that site insightful.

A couple of blogs you could have a look at that provide information that's a little bit more indepth if you are interested:

www.quantifiableedges.blogspot.com

www.dynamichedge.com/

www.traderfeed.blogspot.com

 

[ThingyMajiggy]

Crazy stuff from Europe just now, huge push up with some serious size/spoofing in the book, what a night.....up 80 ticks, down 37 ticks then up to new highs +100 ticks LOL. Not sure what the catalyst was? Just watching it from home, last half hour funny buggers in Europe cash close maybe, was mental, the mini did nothing really relatively. *scratch that, it's catching up now

 

[sammy84]

Nuts. Surprised the US hasn't done more.

Do find moves like this unsettling.

 

[Timmy]

S&P500 did get through its last week's high.
Highest since May 2008.

 

[Timmy]

Construction spending figs released in the US last night ... interesting detail in the value of construction put in place for manufacturing purposes. Up 40% over Feb. 2011.

+40%.



http://www.census.gov/const/C30/release.pdf

 

[Uncle Festivus]

Or......Feb 2011 was a particularly bad period - <to make a comparison with>?

 

[sinner]

I am having trouble figuring out this chart...



shows EOD spot XAUUSD/AUDUSD ratio against GLD/FXA (supposedly equivalent ETFs).

As of last nights NY close, GLD/FXA was worth $40 less than the equivalent spot transaction?

Yet when you look at the individual ETFs versus their spot they seem to be tracking ok...

I threw it up on the long term, definitely looks like this 'spread' in 2012 is the widest it's been in a while.

$40 an ounce times 1000 ounces anyones?

 

[Timmy]

$40 an ounce times 1000 ounces anyones?

Good spot (no pun intended) sinner - what a weird anomaly.
I can't figure it out either.

 

[Trembling Hand]

I am having trouble figuring out this chart...

A guess but maybe they "from time to time" don't back shares issued to actual holdings?

I think it makes sense looking here,
http://www.spdrgoldshares.com/sites/us/value/

 

[Trembling Hand]

What was that smack down on the Nikkei at 11:30? Kospi too

 

[sinner]

What was that smack down on the Nikkei at 11:30? Kospi too

View attachment 46635

Bloomberg reckons it was the Federal Reserve notes...

http://www.bloomberg.com/news/2012-04-04/asian-stocks-australian-dollar-drop-on-fed-won-falls.html

 

[sinner]

A guess but maybe they "from time to time" don't back shares issued to actual holdings?

I think it makes sense looking here,
http://www.spdrgoldshares.com/sites/us/value/

Ah yep, thanks TH, for some reason I thought I had checked to verify GLD was the same "price" as XAUUSD but it is clearly the source of the discrepancy.

 

[sinner]

I thought this article was rather good, been a while since I hit safehaven. Some great breadth charts/analysis included along with index seasonality for election time.

http://www.safehaven.com/article/24984/technical-market-report-for-april-7-2012

Also, did anyone see the EURCHF on Friday night?

I found this exchange rather interesting

There was a mini flash crash in the EURCHF cross yesterday.

I was watching markets on a screen. When I saw the EURCHF price break I called a lady I know on an FX desk. She picked up the phone after a few seconds and yelled at me:

“We’re 16 bid. It’s a piece of ****!”

and then hung up...

Translation:

“FX Bank is prepared to buy Euros and sell Swiss Francs at 1.2016 currently. There is no breach of the CHF peg at this time. It was just some computers gunning stop losses. Nothing to worry about. Please excuse me, as I have to take another call. Have a nice day!"

For the whole article
http://articles.businessinsider.com/2012-04-06/markets/31297975_1_snb-markets-hard-landing

Bruce Krasting rocks on the Swiss Franc coverage.

 

[Uncle Festivus]

Are we looking at some shorts going into the qtr close as they window dress? Long VIX and/or Short Dow anyone?? So tempting...the Dow is so out of align with everything??

Lovely!

 

[sinner]

Breadth starting to look reaallllyyy weak. T/H how's it looking in Aussieland?

 

[sammy84]

US futures are looking healthy currently. Wouldn't surprise me to see the US snap back up tonight. Would frustrate most who had their stops triggered in the last few days (including myself) and could see them rush back into the market in the coming days.

 

[Trembling Hand]

Breadth starting to look reaallllyyy weak. T/H how's it looking in Aussieland?

I'm in the middle of a move Sinner and haven't fully connected my bank of Super Computers yet so I have no idea at the mo. The monkeys should have it up and running soon thou.

Looks like the North Korean fire cracker was a dud. Alls well in crack pot land.

 

[Trembling Hand]

12 Melb/Syd time there should be some more fire works today. Lots of "data" from China,

 

[CanOz]

12 Melb/Syd time there should be some more fire works today. Lots of "data" from China,

View attachment 46715

TH, is that a paid news feed or one off the inet? I use briefing.com but they dont do much with asia.....Also, how is the data out of china for punctuality? I always thought they seemed a bit 'flexible' with their data releases?

Cheers,


CanOz