milliard

Apologies if I've asked before, but Anna-Maria has left for the day & week so can't refer to her...but are you the fella who frequented the H5 trading group gig which one of Anna's sisters (Tess) hosted back a ways?? Kammi, Celeste, Bonnie ring any bells?? It might not be you, if so - no probs...just your nick seems familiar. Yeah, that pair respects the tech lines better than most. It's avg daily range prints can be relied upon too, particularly if you're attempting to balance (pare off & adjust stops etc) out an extended intra-range move. One of the better intraday movers imo. You got a particular favorite strat play on this baby Cowpip?

"hey Jimmy, Krantzy, anyone??...care to toss your flame extinguishers this end of the room, we all might require to hose her down here in a while" :o

Play nice now Annie Oakley!! No kicking in the shins. Pay her no mind Mr Profiler, she's from the side of the tracks where they actually still consume the fish heads & tails with their broth :\ Torero: spot volume doesn't exist, period. Some will have you believe you can monitor tick traffic, but we don't buy all that nonsense. We get to hear customer flow on appropriate instruments from certain quarters + Anna's folks & their colleagues are still active on the circuit, so we get feedback etc. To be honest, if you can look left & right & your common sense is higher than basic, then you'll be a good few rungs up the ladder than most out there - & that's the truth LOL. Just remember, most of the activity at these psychological levels is liquidation traffic. For one set of operators to pick up the baton at 1.4750, someone else has passed it on!! That it might have been passed via a higher timeframe player down to a lower timeframe punter makes no odds. It's still liquidation. Does that make it smart?? And whose the smarter operator?? Does it really matter?

:o Oh for sure. Take care to wear adequate footware, it'll start getting awful slippy after this week as the volumes dissipate. Our reps are more interested in chasing the skirt round the offices with bunches of mistletoe than work the orders. Waste of time trying to dodge the snipers when the lack of cover (liquidity) gets whacked. Same to you, enjoy the holidays, & don't get crushed in the last minute shopping madness Catch y'all in Jan hopefully!

Hey torero, Yeah I drew the short straw! I fly home with a couple other stragglers Thursday. I'll be sure pass on your best wishes when I catch em for a few beers at the the other end next w/end. You winding things up your end? You fella's generally run your orders right into Xmas week?

Not wishing to ignore your above post there Sparrow, but unfortunately I can't add much of any use to your request for sharing re; Brokers. Same goes for Anna-Maria & Krantzy too. I doubt you'll get a comment from them now anyway, they packed their toys away end Nov & aren't active again till end Jan 08. We trunk thru Prime Broker ops... therefore don't utilize retail supply at all.

:o Did you bother to wear masks & visors in that alley?! Still on the light side (activity) on this push though...still, if they're playin then pointless in sitting there watching them. Kick onto 11.70 before a reality check then! Tho, a curtesy visit toward 109.0 in Tokyo would be polite.

Good god almighty, where do you come across these joints? It's a wonder Krantz (or the likes of Jesse maybe??) hasn't stumbled across it, fast talked the owners out of selling it & begun charging extortionate fee's at the school doors! Looks like plenty of school fee material in there.

Can put it down to mild pockets of profit taking. Still thin conditions/flows out there this week, which will over amplify these moves if they're not tempered. Sub hourly triggers should improve as these levels come under pressure. They certainly have today into early London trade on the (Yen) crosses. Eastern European sweat heads hammering 225.0 (off 224.50) & 161.0 (off 60.50...again!!). Not much else driving it to be honest. Surprised the Japs haven't participated, still........

It'll pick up as we grind through today torero. Medium term (long) positions are safe on Euro, Cable is being traded in sympathy. Players need to see the color of the chatter/credit crunch bullshit etc. Plus, a decent view of the equity markets for a little "finger in the air" guidance. The buck remains billy-no-mates, so the short-term (fast money) specs are still hovering ready to whack it. Decent data on the roll call this week should set things up for another crack at the highs on the Europeans. Eurozone head honcho's (Wellink, Lorenzo Bini Smaghi) & Sarkozy have been nattering to the wires again today, attempting to throw an amber light to the markets re: 1.50-55. Things are becoming nervy & tetchy out there.....wonderful opportunities for fast 2 way business at the psychological levels!! Watch & listen for an uptick in ECB chatter/vocals as prices nudge key zones. Same with Fukui/BoJ.

A light (Monday) calendar kicks off the week. Thin holiday trade/order flows requires recalibrating from the holiday volatility. Most popular pairs are continuing to trade inside their Tokyo ranges. Watch the equity markets closely this week for clues to the high yielders. Weak equities = high yielder sales. Tip: Also keep tabs on the Institutional Moving Averages as they come into view on the Dailies. Clever desks are still monitoring this traffic. 200/100/50 simple moving average/daily timeframe, marrying horizontal s&r zones = increased awareness in lieu of stops/re-positioning.

Hard to say. Volumes are light to the tune of 40% stepping into NY today. No doubt they'll be a few 'whack jobs' attempting to mug the liquidity while every other sane citizen is stuffing turkey into their gobs. I don't ( & doubt you do either) give a whole sack of s*** whether it tanks or pumps. It'll get re-calibrated when we get back to the monitors next week. If it pumps we'll be sinking bigger bottles of Dom P for coffee breaks .....if it tanks, just blame Krantz :o

You join the (Mid-East & Asian) bargain hunters down at your .4780 top line support earlier hotshots? They sure don't want to let this rag go huh! Nice bounce & kick off the well lit s&r zones on EU/YEN. That's the sweetheart (+ Geppy) to be on this week. 'Gun em & run em' Annie Oakley - just don't let Krantzy loose, he'll want to marry em :o :helloooo:

lmao :o :o I hear the Chinese had Led Zepp wired into their headfones when he began jawboning (again) at the G10. God Almighty, does that jerk really think they're (Chinese) gonna jump to our tune when he sees fit? He's a goddamned laughing stock. Anyway, don't get me wound up on all that garbage Senor Krantz.....you & Annie Oakley take care to mind those European positions of yours - the buck is hungry & hunting with sharp teeth......grrrroooooooowwwwl

Failure to spring back inside this lower 225.50 - 224.0 trapdoor now exposes Geppy to the Summer (Aug) weekly low @ 219.30. Before that you got the 16 Aug daily low print of 221.50 for a trampoline bounce Pare off, hold & add for an early Xmas box!!

If you're referring to the big 2 European dogs (Cable & Euro) torero, then not dead but merely sitting in the shadows patiently watching. Look at the intraday & closing activity this week on both. Certainly no initial signs of sellers via the price action on my charts. Gotta hand it to Mr Krantz, he snaffled more Cable back there underneath that .0450 buy zone & bought more Euro's on yesterdays breakout so I understand. Classic example of trade the chart (what you see), not the chatter (what you think). It might flip on a dime, but your techs will shout the warning signs. Japs are a wee bit different, they remain a jobbers market still, & are bouncing off clear, defined s&r barriers.

Such a harsh life isn't it Things you have to do to earn a crust - tut tut tut. Do what Mika & Bobby do then?! (they still travel Anna?) & a few more independant traders who pump those instruments by all accounts................ Re-locate for half the year to Perth or San Diego. Better climate, chilled lifestyle, suitable hrs (for Tokyo-London overlap). Come back to base when your a/c is heavy & lay in the sun! Cracked it, job done.

Where do you see first line (potential) supports hitting on your sell reccomm's FXT? 4670-90?...4620?....harder back to 4570 initial? Just trying to get a handle on your geography, timezone. Good thread. gl & gt.

Looks like the wooden puppets got washed out then on yesterday's shift back off resistance........................again! :o Hammers are all good & well, but they still require back up.

Dollar/Swiss is a pretty cool market sentiment guage v/s the $US. Watch it carefully when/if the buck decides to go on a run. If USDCHF fails to kick on (in other words, it merely pops around it's range), the buck won’t run very far. As to why folks trade it? It’s a funding currency torero. Take a look at the int rate chart below. The 2 you mention in your post are favored pairs to run alongside the Swiss for sure. Essentially it’s a safe haven currency & when risk aversion rears it’s head, some roads lead to the Swiss! We’re playing most of these pairs & crosses via the shorter timeframes at present. If you pull up a weekly or daily (& 240m) chart of the Australasian pairs, you’ll see why the shorter term bias. Most of the longer range bets on the popular Pound & Euro instruments are well protected. Traders are merely buying more on dips to their appropriate book percentages. If they’re not, then the aggressive players/fast money crew are definitely playing the Pound via the shorter term (aggressive) models. Hit & run opp's off the hourly s&r lines. Similar crib sheet on the Yen crosses to be honest. There’s fast money to be made so far this quarter, & the s&r lines I’ve shown on a couple of the pairs continue to be honored. The Euro’s near term economics makes a strong argument for continued upside, which in my view has a lot to do with the Dollar Index scraping 75.0/76.0. If the big dogs can base out at their respective supports, then all is good. And there will be decent opportunities for 2 way trade going into years end. Keep your radar primed to maximum intensity

2.0450-60 is a safe house for now. One or two of these appear very tired at their respective levels. Maybe they require a laden plate of Thanksgiving turkey & some light relief. Save a whole pile of well seasoned turkey for the Dollar Index at 76.0 Raise a glass to Mr Plod (GBPCHF). Long term/short term look at this stubborn ceiling at 2970. Retailers buying up to the line by any chance? :doh: Look at the lows on each visit people. Buy to the ceiling.................or sell the ceiling?!

Hello torero, Nice to see you again. Yeah, we're all still breathing....just! Been an eventful year. But we're edging into wind down mode for 07, so popped in to see whats occuring in the real world Good for you (f/t), hope it continues to treat you fine. That old Cable can be a bitch and a half at times huh? Treat her mean & keep her keen :o Look forward to breaking bread & wine with you on here. gl & gt.

First off: Apologies to FXTrader for soiling this Cable thread with chop suey fast food......................but it'll be a brief dalliance (on here), promise! Pop your $ majors in the back pocket & come play the skid pan which is Geppy. Fast action, slippery lap poles & easy women!! It luuuuvs the s&r zones. Luuuuuvs em I say Faint (feint) hearts never won fair maiden

Lick your paws well Senor Krantz, coz the cream quickly sours This gig is being orchestrated by the 'risk on, risk off' conductors & will amplify (knock onto) you guy’s via the jerky & erratic swings. I see plenty of ambush alleys & “smart�! money muggings laying ahead. I don’t care what the money professors say, Pound Bulls still got their work cut out. This is still (just) a jobbers market Annie Oakley & nervous money is clearly exposed. Psychology, Price Action, Money Flows, Psychology, Price Action blah blah It’s hotting up……………………………………….Bring it on!!!!!! Whatever you do kids, honor the trend……………but which one :\ Join me in the Yen (cross) whirl pools. C’mon in, the waters luuuuuuvly

Bang on cue, London packs up it's bags & the kids come out to play! Nice book & hold Krantzy, beers on you tonite then Toodle pip.