you said it yourself...it is the square root of 61.8 (the golden ratio)..anything related to it tends to be much more powerful..
I find the 78.6% fibo much more useful in Cable and Dollar-Swissie as they are two pairs that tend to overshoot...
Currency futures also trade on the NYBOT (FINEX) and TIFFE )....LIFFE also offers them..there may be more but off the top of my head thats what ihave
who said anything about the TIC data?? It is old, impractical and pretty useless in my book. The Japanese (gov"t and corps) are one of the...
What about treasury coupon repatriations??
see gif...
USD/SGD is considered a good proxy for CNY and MYR (who also revalued)..but a lot of HF's stayed away as it is pegged and rather illiquid...
how are you supposed to take a position? there is no real vehicle outside of an NDF..(and I can practically gurantee you 90% of the people on ET...
What about all these sell-side equity analysts who quit and raise millions without ever having put on a real trade??
Don't get me wrong ..I agree with you on that.. I think a major reason for this whole upmove in the dollar has been the global macro guys cutting...
I disagree....a global macro hedge fund who puts on bets of a yard or more is not the same as a local punting on the JPY...I have first hand...
no prob..as far as the cross contracts go it is one of the more liquid ones ..usually decent depth during the overnight session (Asia-early...
for example I don't know why the 200-day SMA is important but it is ...now if on a particular day if that level happens to coincide with a Gann...
Just wondering why U don't sell the cross contract (RYU5 on the IMM or EJU5 on the FINEX)?
the hedge fund play has been short USD/SGD and to a lesser extent USD/JPY..
Separate names with a comma.