Yen

arabianights · Mar 16, 2011, 5:42pm

What can I say....

DashRiprock · Mar 16, 2011, 6:11pm

I was watching that thing on cabonet office. was good i thought.

what's behind it arabian do you know? i can't see anything about nuclear explosions and I was watching it at the 80 handle and didn't see anything crazy like. was it just stops and then program selling?

anybody know?

and why didn't they defend 80, surely theyll' have to do something?

80+ to 76.50ish without WW3 or summit is a bit stupid to me : /

arabianights · Mar 16, 2011, 6:14pm

supposed to be massive margin calls apparently (hence it plunging just after US session end).

I just blew a random spread bet account on it

Will probably turn out to be some prick arab or some similar type (made money through one thing, possibly luck, who now thinks they understand trading) who bought it because it was on its lows (

) - unlikely to be institutional cause very few that retarded... and out of courtesy they wouldn't be, er, treated like that... the price action suggests entire market knew about their position... so I'm going with gobby prick

counter_violent · Mar 16, 2011, 6:18pm

It was going that fast....I had to colour all the candles in by hand

Martinghoul · Mar 16, 2011, 6:23pm

Hmm, that was exciting...

DashRiprock · Mar 16, 2011, 6:31pm

hmmmmm margin calls?

well if I make (massive assumption) that there are (or were lol) big structured product interest in the 80 handle, i didnt see anything that looked there was alot of people interested in defending it, just a few stops and fast money on the print

so if there was enough knock ins / barriers / whatever to make margin calls make it sell off 3 handles, I would expect to see someone try to defend it. but i didn't.

and anyway margin calls in what? surely any non-fx product with a cut of this late is going to be USD denominated? so meeting a margin call means demand for dollars not selling in yen?

maybe the 9:00 - 9:01 action could be margin calls / liquidation but the whole thing, I don't buy it.

*neck on line; 80 before new lows, provided no nuclear explosion*

counter_violent · Mar 16, 2011, 6:34pm

Quote:

Originally Posted by DashRiprock

*neck on line; 80 before new lows, provided no nuclear explosion*

Gotta be in it to win it ......are you in it ?

and if so ...we want proof

Mr. Charts · Mar 16, 2011, 6:39pm

Last time it was at this level was when I started trading in 1995
Maybe just a whiff of something in the air.....apparently France and Australia have told their nationals to leave Tokyo.
Wouldn't be surprised if HMG tell ours last of all and to turn the lights off when they leave....if there's any electricity left.
Those poor sods struggling to dampen the reactors and absorbing all those millisieverts.....sieverts probably.
Richard

Mar 16, 2011, 5:42pm	#1
arabianights Legendary Member Member Since Jan 2007 6,782 Posts	Yen What can I say.... __________________ World's leading STIRs chatroom - www.propboards.com - register, then click on chat. Don't let the lack of posts on the forum put you off - the action happens in the chatroom. Targeted at locals, but hedge funds, brokers (including IDBs), market makers, and a few sizable amateurs are all represented. When it's quiet, banter is encouraged and anything goes. No nuisance spread betters please. Anyone else welcome.

Mar 16, 2011, 6:11pm	#2
DashRiprock Banned Member Since Jan 2011 1,679 Posts	Re: Yen I was watching that thing on cabonet office. was good i thought. what's behind it arabian do you know? i can't see anything about nuclear explosions and I was watching it at the 80 handle and didn't see anything crazy like. was it just stops and then program selling? anybody know? and why didn't they defend 80, surely theyll' have to do something? 80+ to 76.50ish without WW3 or summit is a bit stupid to me : /

Mar 16, 2011, 6:14pm	#3
arabianights Legendary Member Member Since Jan 2007 6,782 Posts	Re: Yen supposed to be massive margin calls apparently (hence it plunging just after US session end). I just blew a random spread bet account on it Will probably turn out to be some prick arab or some similar type (made money through one thing, possibly luck, who now thinks they understand trading) who bought it because it was on its lows () - unlikely to be institutional cause very few that retarded... and out of courtesy they wouldn't be, er, treated like that... the price action suggests entire market knew about their position... so I'm going with gobby prick __________________ World's leading STIRs chatroom - www.propboards.com - register, then click on chat. Don't let the lack of posts on the forum put you off - the action happens in the chatroom. Targeted at locals, but hedge funds, brokers (including IDBs), market makers, and a few sizable amateurs are all represented. When it's quiet, banter is encouraged and anything goes. No nuisance spread betters please. Anyone else welcome.

Mar 16, 2011, 6:18pm	#4
counter_violent Legendary Member Member Since Aug 2004 4,417 Posts	Re: Yen It was going that fast....I had to colour all the candles in by hand __________________ There is a gaping chasm that separates wafflers from doers Time Series Modeling....It's The Future ! Superficial I Am

Mar 16, 2011, 6:23pm	#5
Martinghoul Legendary Member Member Since Feb 2009 2,456 Posts	Re: Yen Hmm, that was exciting... __________________ "Insofar as I may be heard by anything, which may or may not care what I say, I ask, if it matters, that you be forgiven for anything you may have done or failed to do which requires forgiveness."

Mar 16, 2011, 6:31pm	#6
DashRiprock Banned Member Since Jan 2011 1,679 Posts	Re: Yen hmmmmm margin calls? well if I make (massive assumption) that there are (or were lol) big structured product interest in the 80 handle, i didnt see anything that looked there was alot of people interested in defending it, just a few stops and fast money on the print so if there was enough knock ins / barriers / whatever to make margin calls make it sell off 3 handles, I would expect to see someone try to defend it. but i didn't. and anyway margin calls in what? surely any non-fx product with a cut of this late is going to be USD denominated? so meeting a margin call means demand for dollars not selling in yen? maybe the 9:00 - 9:01 action could be margin calls / liquidation but the whole thing, I don't buy it. neck on line; 80 before new lows, provided no nuclear explosion

Mar 16, 2011, 6:39pm	#8
Mr. Charts Legendary Member Member Since Sep 2001 5,931 Posts	Re: Yen Last time it was at this level was when I started trading in 1995 Maybe just a whiff of something in the air.....apparently France and Australia have told their nationals to leave Tokyo. Wouldn't be surprised if HMG tell ours last of all and to turn the lights off when they leave....if there's any electricity left. Those poor sods struggling to dampen the reactors and absorbing all those millisieverts.....sieverts probably. Richard __________________ Mr. Charts Full time US Share Trader Contributor to T2W's Trading FAQ Book http://www.trade2win.com/books/trading-faqs T2W interview http://www.trade2win.com/knowledge/a...ichard-joyson/

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