Forex Day Trader's Thread

[Pippy5000]

someone should tell all those currency traders at the Chicago Mercantile Exchange to go home then!

Chicago Mercantile Exchange (CME)

but I was talking about NY equities anyway

 

[Pippy5000]

I trade the Japanese session every night foo! The action centers around JPY pairs. That's two incorrect statements in a 10 minute time period..

 

[N Rothschild]

no its not!

for one cme has little do to with the direction of the forex markets, its used mainly for arb off the spot market.

and how is it incorrect saying EJ is a cross currencey? you cant physically trade it, the price is dertimned by the cross between eurusd and usdjpy..if jpy is moving over night it will move eurojpy

 

[N Rothschild]

isn't EJ, RY on globex?

there is 0 liquidity

 

[cr6196]

yep just looked, i just meant you can trade it outright...grand total of 209 contracts traded...must be riveting stuff.

 

[Pippy5000]

well sitting here in front of my computer I can trade EJ just fine

oh and since the FX market is a 24 hour market it doesn't have a daily close so they use the equity market close in NY to calculate closing prices for technical purposes... and that time is in fact 5PM.. so we will find out if Eur is bullish or bearish in about 30 minutes..

 

[N Rothschild]

yeh when you buy EJ, your actually shorting yen and going long the euro!

 

[Pippy5000]

uhhhhmmmm... yes... Euro to Japanese Yen.. I can see that

 

[N Rothschild]

well sitting here in front of my computer I can trade EJ just fine

oh and since the FX market is a 24 hour market it doesn't have a daily close so they use the equity market close in NY to calculate closing prices for technical purposes... and that time is in fact 5PM.. so we will find out if Eur is bullish or bearish in about 30 minutes..

its midnight GMT actually bawbag! london is the main fx centre of the world

 

[Pippy5000]

bawbag?

and that would be 7PM EST, not 5PM :smart:

 

[Pippy5000]

 

[N Rothschild]

a bawbag is slag for the male scrotum..baw means ball in sctottish..and bag..

 

[N Rothschild]

Rockefeller aint got **** on the rothschilds!

 

[Pippy5000]

Euro looks like it will def close bullish..

 

[cpngtw]

it's already bullish pippy

 

[cr6196]

seconded, rockefeller was a fanny.

 

[Pippy5000]

check my date next Friday.. y'all don't have latinas.. don't know what you're missing..

verryblueberry

 

[N Rothschild]

good work my man, my ex was canadian with a bit of native on her..so hot...shame she is a ****ing bitch

love a bit of dark/olive skin

 

[Pippy5000]

I KNOW cp.. but let me lie to myself a little longer!

yeah.. I'm excited about her Gene

 

[N Rothschild]

oh and the second richest man in history was scottish