nice, i wanted to throw a long EJ for 97.50 but passed on it. CAD seems strong through all this nonsense, but it seems a bit far into the move now. I have to get PRT back soon, I need to monitor markets much better then I do, I'm a bit lazy, and only have one screen. Do you have multiple monitors setup watching everything?
I dislike having a million charts open but I like the top movers/screener on PRT. The only free one I have seen is netdania's netstation, not on the same level. I've been trying to use finviz to watch equities, indices and futures.
cable dropped through those stops. Stop hunts on UJ and cross/jpy pairs I think. that should fade. I had 79.32 as a level on UJ. Early last night I heard reports that DB was a seller of EUR a bit efter it got slapped down. Later it was attributed to SNB selling so I wouldn't expect big follow through yet. How do they have unlimited firepower? I remember Japan got locked up on credit till the end of the week at one point they were intervening last time. They maxed out the card so to speak. Still watching this 60 level if we can break down through that convincingly in london 2215 is my next target. I would think we see another pop to the 2315 level
this just in... Market talk of Middle Eastern names on the bid in EUR/USD around lows at 1.2263 - Unconfirmed; trades 1.2264 (-26pips) last
More on UJ... Presently around $250million in selling interest on EBS ahead of 79.15 Heavy stop-loss buy orders reported above 79.25 US macro-funds seen buying this morning below 79.00 That was a bit before we got the highs, but still expect that to fade off a bit now.