Housewives Reduce Currency Swings, BOJ Nishimura Says

Discussion in 'Forex' started by ASusilovic, Jul 3, 2007.

  1. This stuff is similar to a million fire ants taking down a cow.
     
  2. makes sense since currency trading is much much bigger in asia than in the US. you can see the same thing in the NYSE, as black boxes take opposite side and kill short term momentum. nymex is a different market now as most went upstairs and now ridden with algorithms creating walls of resistance.

    before, u would be right throughout an hour, now you are both right and wrong across minutes of the hour.