[Archive!] FOREX - Trends, Forecasts and Consequences (Episode 6: August 2011) - page 186

[Bicus]

s_aullma:
Depends on which timeframe. But there was a jump. My total since the US data release is 28 pips. Now it seems to be down again. But in terms of markets performance, the reaction is quite the opposite.

28 pips?! Is that a jump? Don't be ridiculous...

:)))

[Александр]

Bicus:

28 points?! Is that a jump? Don't be ridiculous...

:)))

Everything is relative. Not to you. For me it is noticeable. When a pair passes 100-150 pips in a day (in one direction) it is noticeable. But that's in a day. And here it's 20% in minutes.

On the topic of technical analysis by Alpari. News: GBP/USD medium term: bullish for a break-up at 1.59. We've been there since mid-July. And the news just now. (That's what "good" analysis is all about).

[evgen157]

I wonder if Benya says "Fuck you, not KU 3" and the dollar goes up, what will the news show? .... hardcore porn ))))

[Bicus]

Not so long ago the Euro was moving 100-200 pips on the news. And here you are talking about 28. It's not a move, it's just... ...small thing.

[Александр]

Evgen157:

I wonder if Benya says "Fuck you, not KU 3" and the dollar goes up, what will the news show? .... hardcore porn ))))

Probably. Thinking of climbing the fence on Friday. If the market reacts inexplicably on bad news, what will happen on Benya is scary to imagine. The pound is clearly working out today.

[Александр]

Bicus:
Not so long ago the Euro was moving 100-200 pips on the news. And here you are talking about 28. It's not a move, it's just... ...small thing.

I'm telling you, it's all relative.

[Александр]

Let's better speculate where the euro/dollar will go today. My guess is at least 1.439. There was a negative news on Germany and the Euro went up. So to speak, the news did not play out.

[evgen157]

s_aullma:
I guess so. I am thinking of climbing the fence on Friday. If the market reacts inexplicably on other news, what will happen on Benya is scary to imagine. The pound is clearly working out today.

That's why the moment of truth for the banks ...... ALL IN FORCE ))) drive the quotes as they wanted to..... with no losses...... FIXING ON FRIDAY ))))

[Murik09]

s_aullma:

She's only holding herself so high at the moment by waiting for Benny on Friday.

This is not Benny's first time speaking, so the meaning of his speech is clear, but the price movement does not depend on his speech.

[Александр]

Murik09:
This is not the first time Benya has spoken, so his point is already clear, but the price movement does not depend on his speech.

Of course the price does not. His speech determines the expectations of traders large and small, or more precisely, their conformity with reality. And what those expectations are depends on the price.