Syd 18:26 GMT May 22, 2013
WSJ Blog: Fed Minutes Pull Plug on Stock Rally:
Quite a comedown for U.S. stocks at this point in the session, as major averages slide into negative territory after earlier spiking higher upon release of Fed Chairman Ben Bernanke's prepared testimony.
Dow industrials were up almost 155 points at their high, now down 35. Tech-heavy Nasdaq Comp falls 31 points and S&P 500 sheds 9 points.
FOMC minutes highlight deeper debate over asset purchases, spooking some of the fast money that's afraid of the central bank tapering its bond-buying program.
Materials, energy, utilities and tech lead sector decliners; only health-care sector advancing now. U.S. dollar rallies; Treasurys pare price declines.
Bernanke: Bond Buying Could Slow
PAR 18:21 GMT May 22, 2013
Hearing Obama calling an emergency meeting for all his economic advisers as stocks are lower intraday . PPT on Red Alert . Code RED . Lol.
Israel Dil 18:15 GMT May 22, 2013
Don't worry PAR, the white house already collected WFAK with air force 1 to handle the crisis situation.
Print and if stocks decline then print more :-)
PAR 18:15 GMT May 22, 2013
Cramer screaming FED has to do something . Stock could close lower .
PAR 18:13 GMT May 22, 2013
Stocks are lower . Bernanke calling for an emergency Fed Meeting .
Israel Dil 18:10 GMT May 22, 2013
Israel Dil 19:39 GMT April 11, 2013 xxx/JPY: Reply Before 20th of this month the JPY will trade roughly 3% stronger than the JPY current level.
As long 134 stays untouched with eur/jpy the risk remains for stronger JPY
Believe me or not, i could not to login with mobile phone earlier today to say that everything above 133.50 is a GIFT for now.
PAR 18:09 GMT May 22, 2013
Under Bernanke the FED minutes are becoming "Jersey Shore " for financial industry .
Israel Dil 17:58 GMT May 22, 2013
email me to arrange you a broker!!!
not censored ... LOL
Israel Dil 17:47 GMT May 22, 2013
london red 17:46 GMT May 22, 2013
spanish talk of money raising for banks has forced eurgbp lower. key support at 200 week ma (8513) and 100 day (8506), below there can retrace whole move from 8440. would say at risk if euro makes lower low after minutes. in that case large tail on daily candle. descending triangle on weekly chart with 8400 support becomes focus again if plays out that way.
Israel Dil 17:42 GMT May 22, 2013
Entry: Target: Stop:
Time Will tell if we go sub 70$ but the timing of this trade was kind of OK for short term traders :-)
PAR 17:23 GMT May 22, 2013
Higher USDJPY > Higher Nikkei > Higher European Stock Markets > Approval of dealing Ben policies ?
PAR 17:15 GMT May 22, 2013
Superdealer Bernanke releasing exactly the right kind of stimulus to the market to keep the addicted happy .
But all addictions end in tears
Richland QC Mailman 16:41 GMT May 22, 2013
Buying euros at this level (above 1.2850) has good R/R. We are in too. :)
Tallinn viies 16:37 GMT May 22, 2013
1,2848 bought euros. stop 1,2793.
GVI Forex Blog 16:31 GMT May 22, 2013
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May 22, 2013 (global-view.com) UPCOMING DATA HIGHLIGHTS for Thursday, May 23. Updated: Trading Events Calendar
HIGH IMPACT RELEASES: JP- Trade. CN- HSBC flash PMI. EZ- Draghi Speech, flash PMIs, Consumer Confidence. GB- GDP, US- Weekly Jobs, flash Markit PMI, New Homes Sales
GVI Forex Data Outlook for 23 May 2013
GVI Forex Inner Circle 16:29 GMT May 22, 2013
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May 22, 2013 (global-view.com) UPCOMING DATA HIGHLIGHTS for Thursday, May 23.
Updated: Trading Events Calendar
HIGH IMPACT RELEASES: JP- Trade. CN- HSBC flash PMI. EZ- Draghi Speech, flash PMIs, Consumer Confidence. GB-
GDP, US- Weekly Jobs, flash Markit PMI, New Homes Sales
- Far East: JP- Trade.CN- HSBC flash PMI
- Europe: EZ- Draghi Speech, flash PMIs (including (DE and FR), Consumer Confidence. GB- GDP.
- North America: US- Weeklly Jobs, flash Markit PMI, New Homes Sales, Natural Gas.
Direct links to primary data sources
Cambridge Joe 15:56 GMT May 22, 2013
Cable buying about 1 hour out from here and more energetically from around 02:00 GMT.
london red 15:22 GMT May 22, 2013
for euro yesterday low is important
london red 15:18 GMT May 22, 2013
10 day not 55
london red 15:14 GMT May 22, 2013
cable now just above april low at 34, march comes in at 27. may get some reprieve. 55 day ma low just ahead of 1.50, below there looking at year low.
london red 15:10 GMT May 22, 2013
na harm in adding sometimes if your building from an underweight position. intraday you can never be sure so i start small and scale in when it works out.
as for cad, may be a reprieve coming as has failed at 10340 area which may mean a return to trendline. daily bollinger is overbought so no without risk in any case.
UK stf 14:54 GMT May 22, 2013
ANYTHING is better than Fakhouri dude...ANYTHING...swimming in the Ganges with a badly infected cut hand would be better than Fakhouri.
dc CB 14:52 GMT May 22, 2013
This is "normal" ???
Robot Algo wipsaw trading...unencoumbered by the thought process.
Cambridge Joe 14:50 GMT May 22, 2013
Oh good.... Lucky Lucky man from Dhaka.... sometimes Fakoury seems better.
HK Kevin 14:47 GMT May 22, 2013
HK Kevin 17:10 GMT May 21, 2013
Sell EUR/USD: Reply
Limit sell order 1.2930 executed. Next added level at 1.2980. Overall stop at 1.3060, t/p 1.2780
Added short at 1.2980, now all out 1.2917. it's a question of taking risk or not. I say NO.
Cambridge Joe 14:46 GMT May 22, 2013
Ah.... happens... but your timely post was spot on !
I bought usdmxn at perfectly the wrong time, added, the Cardinal sin, but the bounce has left me in the black, thankfully ! !!
SaR KaL 14:45 GMT May 22, 2013
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KaL's Trend and Level:
i suggest you look into EURCAD shorts
over the next few days
gbpaud and gbpnzd
i think this is just a start
london red 14:34 GMT May 22, 2013
Joe, sadly it didnt quite get there. but did manage to sell some cable though. had to chase it down so doesnt feel as good but pips are pips.
GVI Forex Inner Circle 14:31 GMT May 22, 2013
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-- ALERT --
Crude Oil: -0.340 vs. 0 exp vs. -0.625 prev.
Gasoline: -3.00 vs. -0.5 exp vs. +2.600 prev.
Distillates:-1.050 vs. -0.5 exp vs. +2.300 prev.
Cap/Util: 87.3% vs. 88.2% exp. vs. 88.0% prev.
TTN: Live News Special Offer
Cambridge Joe 14:30 GMT May 22, 2013
london red 14:14
You are a bit of a killer on the quiet !
Excellent play Sir !