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    • Monroe replied Sep 2, 2011

      thats true... for now, but when most pull out before the news, it will get thin and easier to throw around. long scalps ahead of 4200 was a good play, I didn't even waste my time on this tonight, but I might take one after NFP now that it's setup ...

      The Really Useless Thread
    • Monroe replied Sep 2, 2011

      I think it would benefit safe havens... would most likely be a short term cover of shorts on EU for today, but eventually it will just serve up levels to sell. Even with QE3 I doubt that will be enough to take the Euro that high unless we start ...

      The Really Useless Thread
    • Monroe replied Sep 2, 2011

      dude, who wants to be dollar exposed before NFP and with all this option shit going on, big barriers, large plain vanilla's... screw it. all one has to do is look at charts of all the majors and major crosses... Swissie is where it's at, especially ...

      The Really Useless Thread
    • Monroe replied Sep 2, 2011

      na i trust it... it was confirmed today already at the lows in NY as far as I'm concerned, who else is bidding this? I faded 4500 after that barrier was taken out and it completely turned the market afterwords, I seen it many times.

      The Really Useless Thread
    • Monroe replied Sep 2, 2011

      On FX, EUR/USD firmer now after failure to break 1.4200-1.4600 DNT options, finding strong options, sovereign, talks >EUR1bln bids ahead of 1.4205-10. Likely more at 1.4200-05. Squeezing up to 1.4240-45 - not surprised to hear Asian, sovereign, ...

      The Really Useless Thread