Fx 2009

This is a discussion on Fx 2009 within the Forex Discussion forums, part of the Forex Markets category; EURJPY has nose-dived by over 400 pips in just over an hour. (from 116.70-ish to 112.42 now) whats going on? ...

Reply
37 37 Attachment(s)
 
LinkBack Thread Tools
Legendary Member
 
trendie's Avatar
 
Join Date: Jan 2004
Posts: 4,540
trendie's Trading Profile
Fx 2009

EURJPY has nose-dived by over 400 pips in just over an hour.
(from 116.70-ish to 112.42 now)

whats going on?

I missed it, as I was trading GBPUSD and EURUSD.
__________________
If the only tool you have is a hammer, you tend to see every problem as a nail - Abraham Maslow
There are 10 kinds of people in the world; those that understand binary, and those that dont. -Anon
Warning: May contain nuts.
trendie is offline   Reply With Quote
Senior Member
 
Join Date: Feb 2007
Posts: 392
rags2riches's Trading Profile
Quote:
Originally Posted by trendie View Post
EURJPY has nose-dived by over 400 pips in just over an hour.
(from 116.70-ish to 112.42 now)

whats going on?

I missed it, as I was trading GBPUSD and EURUSD.
Apparently caused by options expiry. Lovely.
__________________
"Knowing others is intelligence; knowing yourself is true wisdom. Mastering others is strength; mastering yourself is true power."
- Lao Tzu

"A woman is a lot like a refrigerator. 6 feet tall, 300 pounds ... it makes ice."
"Facts are meaningless. You could use facts to prove anything that's even remotely true!"
"How is education supposed to make me feel smarter? Besides, every time I learn something new, it pushes some old stuff out of my brain."
- Homer Simpson
rags2riches is offline   Reply With Quote
Banned
 
wasp's Avatar
 
Join Date: Aug 2003
Posts: 5,112
good opp for an inverted H&S...
Attached Thumbnails
hns.gif  
wasp is offline   Reply With Quote
Senior Member
 
VingTsunKuen's Avatar
 
Join Date: Aug 2008
Posts: 151
VingTsunKuen's Trading Profile
Will the pound bounce against greenback?
There is 7 year low @ 1.3680.
After that Hiroshima and Nagasaki could happen to pound.
I do not see any serious support at monthly chart all the way down to 1.0520..
COT is bearish on pound and after kind of consolidation that we had on G/U i think it might sink through 1.3680....
Cheers,
VTK
__________________
"I am not smarter than others i just stick whit problem longer than other people do."-Albert Einstein
VingTsunKuen is offline   Reply With Quote
Banned
 
wasp's Avatar
 
Join Date: Aug 2003
Posts: 5,112
Recession is 'official'... I see no reason for it to go up!
wasp is offline   Reply With Quote
Senior Member
 
VingTsunKuen's Avatar
 
Join Date: Aug 2008
Posts: 151
VingTsunKuen's Trading Profile
Agree,as i said above...
__________________
"I am not smarter than others i just stick whit problem longer than other people do."-Albert Einstein
VingTsunKuen is offline   Reply With Quote
Thanks! The post above is recommended by: wasp
Senior Member
 
STRTRADA's Avatar
 
Join Date: Oct 2008
Posts: 370
STRTRADA's Trading Profile Japanese Baseball Champion
Short Eur/JPY at 11,318?

Last edited by STRTRADA; Jan 23, 2009 at 6:41am. Reason: Sorry edited wrong post
STRTRADA is offline   Reply With Quote
Banned
 
wasp's Avatar
 
Join Date: Aug 2003
Posts: 5,112
How low can it go?

1/25/2009 21:30 NZ New Zealand's November Performance of Services

1/26/2009 02:00 NZ Credit Card Spending (YoY) n/a -0.7%
1/26/2009 09:30 UK BBA Loans for House Purchase n/a 17773
1/26/2009 15:00 US Leading Indicators -0.3% -0.4%
1/26/2009 15:30 US Dallas Fed Manf. Activity n/a -61.0%
1/26/2009 23:50 JPN BoJ Monetary Policy Meeting Minutes for December

1/27/2009 00:30 AUS PPI (YoY) n/a 5.6%
1/27/2009 09:00 GE IFO Surveys n/a n/a
1/27/2009 09:00 EU ECB Euro-Zone Current Account SA n/a -6.4B
1/27/2009 11:00 UK U.K. CBI January Distributive Trades n/a n/a
1/27/2009 14:00 US S&P/CaseShiller Home Price Ind n/a 158.16
1/27/2009 15:00 US Consumer Confidence 38.0 38.0
1/27/2009 15:00 US Richmond Fed Manufact. Index n/a -55
1/27/2009 22:00 US ABC Consumer Confidence n/a n/a
1/27/2009 23:30 AUS Westpac Leading Index (MoM) n/a -0.1%

1/28/2009 00:30 AUS Consumer Prices (YoY) n/a n/a
1/28/2009 07:10 GE GfK Consumer Confidence Survey n/a 2.1
1/28/2009 19:15 US FOMC Rate Decision 0.25% 0.25%
1/28/2009 20:00 NZ RBNZ Official Cash Rate 4.00% 5.00%
1/28/2009 21:45 NZ Trade Balance n/a -520.0M
1/28/2009 23:50 JPN Retail Trade YoY n/a -0.9%

1/29/2009 02:00 NZ Money Supply M3 YoY n/a 9.4%
1/29/2009 07:00 GE ILO Unemployment Rate n/a 7.1%
1/29/2009 08:55 GE Unemployment Change (000's) n/a 18K
1/29/2009 09:00 EU Bloomberg Eurozone Retail PMI n/a 41.4
1/29/2009 10:00 EU Euro-Zone Consumer Confidence n/a -30
1/29/2009 13:30 US Durable Goods Orders -1.5% -1.5%
1/29/2009 13:30 US Initial Jobless Claims n/a n/a
1/29/2009 13:30 US Continuing Claims n/a n/a
1/29/2009 15:00 US New Home Sales 410K 407K
1/29/2009 21:45 NZ Building Permits MoM n/a 4.3%
1/29/2009 23:00 AUS Conference Board Leading Index n/a -0.5%
1/29/2009 23:15 JPN Nomura/JMMA Manufacturing PMI n/a 30.8
1/29/2009 23:30 JPN Natl CPI YoY n/a 1.0%
1/29/2009 23:50 JPN Industrial Production (YoY) n/a n/a

1/30/2009 00:01 UK GfK Consumer Confidence Survey n/a -33
1/30/2009 00:30 AUS Private Sector Credit YoY% n/a 8.2%
1/30/2009 04:00 JPN Vehicle Production (YoY) n/a -20.4%
1/30/2009 05:00 JPN Housing Starts (YoY) n/a 0.0%
1/30/2009 09:30 UK M4 Money Supply (YoY) n/a n/a
1/30/2009 10:00 EU Euro-Zone Unemployment Rate n/a 7.8%
1/30/2009 13:30 CA GDP MoM n/a -0.1%
1/30/2009 13:30 US GDP QoQ (Annualized) -5.0% -0.5%
1/30/2009 14:45 US Chicago Purchasing Manager 34.0 35.1
1/30/2009 15:00 US U. of Michigan Confidence 61.9 61.9
1/30/2009 22:30 US RPX Composite 28dy YoY n/a n/a

Been a while since I have done one of these... I don't even care for the news but its raining so here you go............!
Attached Thumbnails
overview.gif  
wasp is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools


Similar Threads
Thread Thread Starter Forum Replies Last Post
Dow 2009 N Rothschild US Indices 882 Nov 6, 2009 6:02pm
whats in for 2009? atraderx Forex Discussion 0 Jan 8, 2009 11:46am
Best Stocks of 2009 godoftrading General Trading Chat 3 Jan 6, 2009 1:23pm
Thoughts for 2009 TomTom General Trading Chat 17 Jan 4, 2009 1:10pm
2009 pelzar Spread Betting 3 Jan 2, 2009 6:47am


New To Site? Need Help?


All times are GMT -4. The time now is 2:37am.


Copyright © 2001-2009 Trade2Win Ltd