As you can see gauge from the numbers of post that i have made i am just starting this trading business. Note : forex calender says that "USD FOMC Rate Decision" was going to be announced at 18:15pm (gmt) which is equal to 13:15pm (est = ny time) However the irradic moves starts on 14:00 pm (est = ny time). My guestion is : what took so long for currency markets to react? Did the quants of big banks took 45 minutes to calculate the change that would take place? TrueStory: Can you answer? thanks.
I have had a tough time this year. I have been long dollar on several occaissons, only to get washed away in the euphoria. I am holding shorts again. I still have a couple bullets left for my gun. I think we are overshot fundamentally, but it really doesn't matter what I think now does it. It just keeps going and going. I ran out of insights in July. I did see a lot of fairly big size being thrown in at 1.45 today on the globex. I haven't seen this for a long time. Wasn't this the old high of the DM in the olden days of the planet?
Are you guys talking about me??? downrivertrader: Can you answer my question on my previous post? thanks.
Was massive option protection at 1.45 today. It's also very close - if not right on - to the old synthetic DM high.