....yr...gringinho....were is this 28c.....and coconuts to spare....here we're short coconuts long girls....possible arbitrage????...any comment CAD...
I wouldn't exactly short Gisele Bundchen etc. ... I have little idea about CAD, but generally short USD long term. Also look out for bigger german/EU exports if they lift the ban on arms exports to China - like the chinese want. The US is upset about it - but they dumped the USD on the biggest EU exporter - germany.
Many market players seemed to set up for a disappointment in the number. I wouldn't be too surprised if the EURUSD still ended up below 1.3300, though. Just look at the selling of the spike ...
.....looks like I'm delusional....suppose that's what comes of being adversarial and going against the flow....though it could be stronger now after the initial spike???...
Hehe, I was long USD on demo spot trade USDJPY. It was just getting into profitable again. Funny. This clearly shows a little caution about the current price levels. It is also a friday, although I think more apathy will set in early today. After the european close it will probably be quite dull - if this holds up. I already have +23 ticks by 6 scalps on earlier trading, so I'm not trading this chop right yet. Demo trades are better to take away some of the urges in choppy conditions. The oil futures are sliding, so that will probably add a little to the theme of the day. Thomson notes that there are stops close by just below 1.3300 ...
Seems that 1.3350 is being capped - quite clever. I think the jobs number was just perfect - adding the uncertainty needed into this mix, and it will make scalping a little easier.
Seen tries to go for 1.3350 six times now - and they were all turned away. It will be interesting to see if they will let go - or if there is some more permanent to this capping.
With my last comment, it broke - of course. Almost makes one believe some of the market forces read this board ... *shrug* Perhaps very good shorts mid 60s - to mid 70s ... edit: a +8 scalp from highs there. If we don't go 1.3380 again I will look for more of this - right at my previous entry now.
Writing these comments actually makes me think a little better about the validity of the trades - makes it a little more "certain" in my mind. Just got another +6 on that. For someone with better position sense - they will probably see better trade opportunities. edit: trading is still brisk, but will probably wane quickly now. I think we will se a lower range soon - most plausible below 1.3350. For a close - some inertia could easily send it below 1.3300 - and hunt some stops.