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Monroe replied Sep 2, 2011good point, but I was reading earlier that the market thinks that the ECB is being a little weak on that lately. also, I would think that before NFP most other players would not what do get too heavy into a short just yet.
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Monroe replied Sep 2, 2011yup... but they also make some good cash defending it as well...
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Monroe replied Sep 2, 2011exactly... sometimes they get nice, but the guys going after it are doing the same... though an asian CB has some cash on tap, but for a 10mln payout... i don't think they would use that much to defend it...
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Monroe replied Sep 2, 2011yup... that's the kind of shit they do to make it look good for the techies to help... I like watching the battles.. but when it gets this close, especially with sentiment against them, it's hard for them to defend it successfully.
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Monroe replied Sep 2, 2011yea, usually it's defended within 10-20 pips, unless they want to protect a major TA level to help them before that.
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Monroe replied Sep 2, 2011yes they probably already made way more then 10mln just jobbing this market back and forth...
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Monroe replied Sep 2, 2011id consider this barrier done, how much are they gonna use to defend a 10mln dollar option? the market is heavy
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Monroe replied Sep 2, 2011if it expires today we should see heavy defense
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Monroe replied Sep 2, 2011I hear that bro... I always learn the most on my own. I have ADD for shit I don't care about, but when it comes to things I'm interested in, I have OCD almost...
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Monroe replied Sep 2, 2011Hey Sofia... no, I've been around, haven't been coming to the forum much though, sometimes I just take a break from it. How's everything with you?
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Monroe replied Sep 2, 2011haha... yea I only liked it when I was programming things I wanted to or needed. I don't do it much anymore, small bash/perl scripts at most.
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Monroe replied Sep 2, 2011that's how I learned also... actually first it was just through running linux systems... then I thought it would be good to get a degree for it, but college isn't for me, school just wasn't for me...
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Monroe replied Sep 2, 2011interesting.... didn't know you were a programmer. I went to college for CS, but I bailed....
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Monroe replied Sep 2, 2011I would imagine... I'd be going in quite heavy with stops that tight
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Monroe replied Sep 2, 2011I hear ya bro, I keep my charts pretty damn simple, on Daily i'll check fibs once in awhile cause i know some big players definitely do. damn... 4pip stops? that's tight....
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Monroe replied Sep 2, 2011lol make sure you put the brackets around the chicks before you divide....
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