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Panco replied Dec 4, 2014I am off to make some breakfast. Good luck in the market, I should be here later.
EURUSD
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Panco replied Dec 4, 2014Its not a private trader for sure. Hedge fund, bank, pension money, something like that.
EURUSD
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Panco replied Dec 4, 2014If you want, just for now, I can tell you where there are more options in other pairs and in EURUSD.
EURUSD
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Panco replied Dec 4, 2014Let me tell you something about a price manipulation that is happening now. There is a three billion dollar option that will expire at 15:00 GMT in USDJPY at 120. The option holder will get the money only if USDJPY remains below 120 until 15:00 GMT. ...
EURUSD
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Panco replied Dec 4, 2014I wrote before, if you want manipulations you will see it happening, live, in USDJPY. The manipulations in EURUSD (I don't even like calling it that) will be if at all minutes before the rate announcement or press conference. You need low liquidity ...
EURUSD
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Panco replied Dec 4, 2014The s/r strategy is great, I don't agree with the big money logic but if it is working for you then that's fantastic.
EURUSD
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Panco replied Dec 4, 2014In my opinion it will be one sided. What you are describing is called a whipsaw. This is something we'll just have to wait and see.
EURUSD
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Panco replied Dec 4, 2014You always need to have someone at the other end, no? That's how the market functions.
EURUSD
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Panco replied Dec 4, 2014All the selling that you are seeing now is pricing-in. My guess, 45min before the rate announcement (not conference) EURUSD could rise from short covering, bearing in mind it will be at current levels by then.
EURUSD
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Panco replied Dec 4, 2014The majority are expecting Draghi to come up with this QE I said earlier and the Euro will be sold. What happens afterwards? Profit realization or another leg lower? I''ll need to see the chart if that will be the scenario.
EURUSD
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Panco replied Dec 4, 2014You wrong there. I explained why this is not an ordinary meeting to make things worse the market is already expecting some kind of weak Euro. If Draghi does not get into the sovereign bonds buying QE all this money will get out the market, EURUSD ...
EURUSD
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Panco replied Dec 4, 2014Let me tell you something about a price manipulation that is happening now. There is a three billion dollar option that will expire at 15:00 GMT in USDJPY at 120. The option holder will get the money only if USDJPY remains below 120 until 15:00 GMT. ...
EURUSD
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Panco replied Dec 3, 2014Bottom line, this is not an ordinary meeting. A lot of stops are about to be taken out and the traders just don't know it yet. It can plat either way but it will be very, very volatile
EURUSD
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Panco replied Dec 3, 2014I can say the same for yesterday's ADP report that was released 4 minutes earlier. Information always leaks but that doesn't mean you cant profit from their moves.
EURUSD
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Panco replied Dec 3, 2014It will be a very tough decision and I am sure he will be sweating. I don't know what everyone are so sure EURUSD will drop as there is no guarantee a this sovereign bonds buying will be hinted today. Many analysts I have to say believe he will. The ...
EURUSD
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Panco replied Dec 3, 2014So the market is already prepared for this. I cant post any links here but the press conference is extremely crucial. If Draghi does hint sovereign bonds purchasing it will be taken to the German Constitutional Court as the OMT did back in September ...
EURUSD