BIS sells EUR/USD
By Gerry Davies || February 9, 2010 at 08:10 GMT
|| 37 comments || Add comment
Around the 1.3740 level. Been as high as 1.3744, presently at 1.3725.

AUTOREFRESH 
















Hi Gerry, do you have idea about BIS target, they buy and sell in very short time period, they operate like a retail trader not like a central bank or bank for central banks. Do they want to decrease volatility, but there is no big volatility, do they simply want to make profit.
I think it’s near impossible to know their target, maybe try to guess it. Stops or entries are different.
Im sure theyll not have a target, merely executing orders I’d guess
Greek banks open up 1.5%, but now are quickly down 1%
Hi Limitup,
Thanks for updating us, yesterday closed negative right?
yea down almost 7%…back higher now by 1%
So probably they’ll keep going lower unless we have an update on the things going on with the plan or what they’ll do.
I’m selling 25 pips lower than BIS and they sold it exactly 1-2 pips before it started the real drop…they are the market.
I think they are over done to the downside here. Could see some short covering from here…we just traded up 2%
EURGBP 8793 lets see if they make a run at that interesting 8800 area
Yes limitup
sold it.
I am flat right now…looking for a scalp
The Fed could keep interest rate low until 2012 … http://www.foxbusiness.com/story/markets/feds-bullard-fed-rates-low/
may i know where u get the information… becoz when you post it… i can get at least 15 pips… thanks ya… just wanna get an uptodateinformation…
don’t tell anyone Chandra, but i make it all up. great isn’t it. what a wheeze!!! tally ho……….
glad you’re making money though, well done!!!!
I knew it was ya !
I’M JOKING!!!!!!……………Chandra I get it from various sources. Market sources, news wires, websites, anywhere I can. I try to sift out the crap. Today out of the blue I got an email from a source I respect giving me some flow stuff. Anyways, just ignore my earlier comment. My strange sense of humour. I’m in a funny mood today as it’s my birthday.
Thought that might wake you up Ali……..;)
Hey, it is your birthday ? I thought it was 6 months ago
)) Bueno Vista Gerry ! …
I’m like the Queen. I have two.
So one of them is written on my agenda 2 th Feb…
ok .. thanks bro.. i hope you can always update the information
thanks again..
Hey, 2=9
Not writing the exact is genius…it is not a wise move on internet…but, I am a June Child…
what sign are you?
Gemini, you ?
I’m june too Ali, Gemini here.
well today being my birthday would make me an Aquarian.
Happy Birthday Gerry!
Thanks Gabriel.
Hmm…my girlfriend (dear heart) used to be Aquarian (perfect combination) you must be “stable + air” ; gemini’ s “variable + air” …good floaters for finance both
) Happy Birthday too
))
But this is not a date offer
)
Lol Ali the date post is funny
Happy birthday, Gerry.
Cheers Michael. I’m just off for a nice walk along the beach. Back in the day I’d be off my face by mid afternoon on my birthday. How times have changed
happy birthday gerry. have a nice day