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FXCapitalist replied May 15, 2008for sure L2 isnt bad, just dont pay too much for it. *cough* bloomberg* choke* their data failed me a few times time outs and such*tsk tsk* cant live without charts I feel you on that one. anyways good trading im off to lunch cheers.
EURUSD
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FXCapitalist replied May 15, 2008lol im little too man. you and I both. i can probably match only 1 million of that haha 10 standard lots, but then again that would be terrible risk management on my part. big no no for me.
EURUSD
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FXCapitalist replied May 15, 2008update HAWKS — "If we have to adopt a tight monetary policy course in order to reach our goal so be it." -- European Central Bank Governing Council member Nicolas Garganas May 15 FRANKFURT (RTRS) - Rarely in recent months have data and ...
EURUSD
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FXCapitalist replied May 15, 2008bbl the way things look the institutions are just hovering around. more updates when anything hits. it's choppy at best.
EURUSD
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FXCapitalist replied May 15, 2008youll think differently when you have that kind of data it's pretty useful it gives sense of market momentum
EURUSD
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FXCapitalist replied May 15, 2008RTRS — JPM buys 20,000,000 eur 1.5440 JPM buys 40,000,000 eur 1.5441 JPM sells 10,000,000 eur 1.5442 CS buys 30,000,000 eur 1.5441 CS sells 30,000,000 eur 1.5442 DB sells 100,000,000 eur 1.5440 DB buys 125,500,000 eur 1.5437 CS buys 77,250,000 ...
EURUSD
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FXCapitalist replied May 15, 2008Data — Charts are the news of what's been done. I try to be part of the chart as closely as I can and help them paint every candle.
EURUSD
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FXCapitalist replied May 15, 2008RTRS — JPM sells 2,377,000 EUR 1.5435 MS sells 2,000,000 EUR 1.5434 DB sells 300,000,000EUR 1.5430 JPM sells 95,750,000 EUR 1.5429 MS sells 70,000,00 EUR 1.5431 CS buys 120,000,000 EUR 1.5429 CS sells 130,000,000 EUR 1.5431 DB buys 450,000,000 ...
EURUSD
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FXCapitalist replied May 15, 2008RTRS — Institutional longs stopped...~1.5440 ~30 range... more later.
EURUSD
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FXCapitalist replied May 15, 2008RTRS — Update 1341EST moderate buying pressure by RBS, JPM, CSuisse and DBank [1.3-2 yd eur/long] 1.5420~30 range. some traders say Institutionals are gunning stops new weak shorts positioned above 1.5430-50 range possible reverse of sentiment ...
EURUSD
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FXCapitalist replied May 15, 2008make the euro simpler — Summer is coming = higher gas prices. go figure.
EURUSD
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FXCapitalist replied May 15, 2008My market data — I get it from Thomson Reuters custom subscription + quote center. about $800 a month depending on what data you get. It helps to see what the big boys are doing. Thats a lot of euros being traded so it figures it kinda tanks a ...
EURUSD
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FXCapitalist replied May 15, 2008Reuters — Supposedly Institutional buying pressure has been seen below 1.5420~00 which could confirm further support. The likes of UBS, Deutsche Bank, Credit Suisse, and RBS, selling off 3-7~ yards of EUR@ the 1.5490~60 earlier Same ...
EURUSD
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FXCapitalist replied May 15, 2008I see — A retrace off the 1.5420~ or it would punch right through it towards 1.5400 anything under that would be gunning of stops pushing momentum lower. wait and see.
EURUSD
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FXCapitalist replied May 15, 2008you decide on his 2nd in command's words — As for me I'd go out and trap the price with an OCO long @ 1.5550 and short cancel @ 1.5415 don't enter the orders until after 1700 est. Anything in between that range it's too choppy and it's ...
EURUSD