Baruch's Forex System Journal

Discussion in 'Journals' started by Baruch, Mar 11, 2004.

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  1. Hi again,

    Maybe the news is that nothing happened (Pakistan)?
     
    #321     Mar 21, 2004
  2. It seems that the "high value target" ( Ayman al-Zawahiri) could have escaped.
     
    #322     Mar 21, 2004

  3. Yea.. but its wierd how the price spiked up exactly at 4:05pm around 60pips then it continued to go up higher until 4:25pm where the price leveled off. Thats a 100+ pip move in 20min .. very wierd.

    There must have been some type of news that came out during that time period, as opposed to the gradual realization that Zawahiri escaped.


    --MIKE
     
    #323     Mar 21, 2004
  4. Well, I think the news from Pakistan came out during that time period. Anyone who still think that news not important?
     
    #324     Mar 21, 2004
  5. LouDogg

    LouDogg

    Thanks for the reply to my question. Concerning this big jump the Euro/USD had today, I have looking around on other sites and there seems to be no mention of it. Now, normally I try not to follow the markets on the weekends, but a jump that far seems to throw a wrench into my earlier analysis.

    My feeling is that I am going to have to get up early tomorrow and watch the early Sunday news programs (Meet the Press and rest of their ilk) to see any hints at an official statement. Most likely there will be nothing, but you never know.

    Great stuff in your journal.
     
    #325     Mar 21, 2004
  6. Hi LouDogg,

    Thanks. Which sites?
     
    #326     Mar 21, 2004
  7. Look at cbsnews.com
     
    #327     Mar 21, 2004
  8. Something was probably screwed up with OANDA.

    The second the spot EUR opened up at noon.. the OANDA price just collapsed and traded identical to the spot.

    I guess there was some type of premium for the EUR when the spot market was closed.

    I dont get it.


    --MIKE
     
    #328     Mar 21, 2004
  9. Looks like it was just a bad price quote. I am running their demo game version and I just read that the real money version didnt have that spike.

    So nevermind then. Makes sense now.


    --MIKE
     
    #329     Mar 21, 2004
  10. Hi Mike,

    OK but it could have been true because of the (bad) news from Pakistan.
     
    #330     Mar 21, 2004
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