AUTOREFRESH 
EUR/JPY a fixing victim
By Jamie Coleman || August 31, 2010 at 15:12 GMT
|| 58 comments || Add comment
EUR/JPY has come off sharply in the last hour, falling just over a yen at this stage. The selling intensified at the 15:00 Fixing, Sending us down from the 107.15 area to present levels around 106.70.
Month-end ain’t for the faint of heart…
If there is more EUR/JPY selling to do and if central banks continue to buy around 84.00 than EUR/USD will bear the brunt of the movement…That pair is back below 1.2700 after peaking at 1.2744 an hour ago…guess there were some offers around after all…
hi jamie
exact word you said eur/usd n eur/jpy selling fixed at 15gmt,, before itslef it started show,,, whr you u got the informtion if u hv no problem to telling us? and boucne back aslo do the same i am expecting
And Gbpjpy too, Jaimie
And everything under the sun against chf….
Could this mean the risk averse are now parking their money into Swissy in the expectation of BoJ action?
Nope. Not where u said they were (1.2720/1.2730) when u said it. There are always offers and bids… but timing and levels is what matters. And I retract my comment about u being a good trader. U r a good bullshitter. U would sacrafice the novices´ money who have come to rely on this site, just to fool people into thinking u r right.
Ganesh, I have no clue what you’re saying…
UKMikey, you can bet on that… i would do the move too….
Damn, my evil plan exposed…sorry if i failed to live up to your standards. There are hundreds of other forex venues out there…can’t please everyone, and I don’t even try…Good luck…
Could be anything mike, but if BOJ were to successful intervene that would be one less safe-haven for the market, so could be part of the equation…
This is a public forum and unfortunately for u, you can be held accountable for what u say on it. I will lurk around just to make sure u r not manipulating anyone with false information. I know for a fact that the other loser (Sean Lee) gives false forecasts and misleading advice to match his orders hoping to somehow influence traders. Having said that, I do sincerely apologize to Gerry and Gerry alone, for he is the only decent guy on here. Meanwhie, u sir are a liar, for when I asked u whether u trade to fxdd frequently, u said u dont trade, PERIOD now that u r doing this site. You are a liar because in a previous post u mentioned that u control about 7 blns USD in ur trading portfolio. So which is it, oh clever trader? Inquiring minds want to know.
Billion? I meant trillion… Satire is lost on some, my friend…I’ll give your best to Sean. Rest assured if I were making 2 and 20 on $7 bln I wouldn’t be here trading yuks with you guys…
LOL. Jamie is our resident market maker dontcha know
C’mon Grandizer. Just accusing JC of having control over billions exposes YOU as the liar or the idiot OR BOTH. LOL……
U clearly have no idea how easily I can get u invesitigated for violations operating this website, soliciting clients for FXDD, a task which needs to be licensed. Good luck to you telling ur satires then. This isn`t over for you.
Grandizer ,
shut the f**ck up, if you are a loser then go fix you methodology. don’t hold anyone accountable for your damn losses. Don’t attack decent and respectable people like JC.
Dude, i am compliant with all CFTC regs…have a nice life. And get a sense of humor.
It is a claim Jamie made that he controls 7 blns in assets. It is on this site, do the search. Now he is saying it was a joke. Will let someone else decide whether it was an innocent joke or meant to give himself a credit to fool some readers. Even someone followed up inquring about the margin he must have been using, he didnt answer to clarify it was a joke!
I think you meant compliant
Anything by Satre is lost on me … 10^18
You evidently have some issues that need to be worked out big G. Not all of us may agree with JC’s opinion all of the time but a lot of us have been following since the Reuters days and will gladly break cover in defence of such stupid threats, and step up to the plate. The term “soliciting” is a legally loaded phrase, but what happens here happens all over the place and precedence is often set against common or industry practice – called sponsorship & unless you plan on taking the NBA, the NFL etc etc to court for suggesting that you drink Gatoraid and eat a Big Mac then pop a mogadon and go back to reading last weeks news in a newspaper.
Hey Grandizer….chill man…this is an informative site…use the info as you want or don’t use it at all…but don’t waste our time on your anger (I guess you lost a lot this month?) Why are you attacking someone who is just trying to help other traders. Just be grateful man…don’t ruin it for others who like this site. Peace.
Grandizer – seriously, unless Jamie is controling your pc and clicking your buy and sell buttons, all i see is hi giving market commentary and order info when he gets it. If you or anyone else choose to act on it thats YOUR choice.
You need to remember they might hear about orders one side of the market but somebody has to take the other side – and that could be China or whoever, point is take responsibily for your own trades and dont start blaming others thats really childish.
If you have a basic strategy and a grasp of technicals you can normally work out where buyers and sellers are likely to come in @ around support and resistance levels.
Dr.T., it is what happened when I disagreed with something JC wrote, I just said the offer he spoke of were no where to be seen. He then unleashed his implicit and explicit name calling! Now, u r right about sponsorship, which is not the case here even if JC calls them sponsors. FXDD is either a partner to this site or a client. In both cases FL needs a license to solicite clients for forex retailers, be it for them (FL) or by acting as a proxy to FXDD. But someone else will decide for sure as JC clearly needs to learn the term accountability. On FL they actively ask for customers to sign up, so no it is not done allover the place like u say, as other sites only display ads… Will see..
Hey Guys,
this is a great site, with professional people, dedicating time and efforts to help each other.
Keep up the good work !
Joan
When it comes to using fxdd do you have choice, yes or no? I’ve never heard Jamie or anyone else say use them or get off my site, be fair, all im gonna say is theres not many good sites for Forex info out there. Most that use this site find it useful in some way.
wow grandizer! Take a chill pill!
Keep up the good work FL crew and know it is appreciated by many
Hey G, point taken but a lot of us get the smelly end of that stick from time to time – live with it, you would get a lot worse in a dealing room ! Sometimes the outspoken opinion is not correct they have just gotten used to people listening and assume a position of power has been granted (yeah I actually mean Gerry !!) The trick is to not take it personally, take what you want and leave the rest, some of its real good, some of it does not tickle your fancy, on the balance of good vs bad I get more out of FL than I put in & thats a good deal in anyone’s book !!
Folks must be hittin’ the bottle heavy, from loosing money. Sure have been a lot of people drifting in, saying some strange stuff on here lately.
Good Lord, MM … haven’t seen you around for a while
Likewise! Good to see you!
“assume a position of power has been granted” what’s that about? i come in here. write some stuff, get paid, end of. assume a position of power has been granted, give me a break…..
All power rest in ME, anyway…
Wow. I… just… wow. Speechless…
Power, what power?
I think someone must have released something into the atmosphere
Gerry, you are the LEAST assuming individual that I read, and frankly if you wrote the weather report for Norfolk, I would still read it !
makes people talk a whole load of crap
Unassuming, yer I feel better now Dr T. Write the weather forecast for Norfolk, ummm now there’s a thought. And Suffolk too
Its in the water
I did get some good laughs reading this convo.
lol! Wow. Last night, or the one before that, someone attacked me for talking about buying eur/cad and had the damndest explanation on why to either not buy/trade something else. Something about the “pound being the benchmark and millions of hard working people, doing something another.” lmao! I’m tellin’ ya. Folks are stressed and hammered, abroad!
All I can say is: if someone hasn’t made money trading on FXLs analysis, order books, etc., then they need to do a refresher course on reading comprehension. This board is like training wheels for the forex trader, if after a year or two of reading these articles you can’t make it, then don’t blame the training wheels. You’re just not a good trader. And if that’s the case, don’t be pissed at Jamie. Go read What Color is Your Parachute and find something else to do with your life…. The people on this site are good, the information is good, as is the community aspect. I, for one, appreciate all of the work that Jamie, Sean, Gerry and Dave do. Cheers,
Yep.
Just trying to remember what I did with me parachute
Is that the sequel?
Some people should really stop trading… If you trade to blame others, then please leave… Sean trade ideas have always been very usefull. I don’t care how many times he was right or wrong, what counted is why he did the trade, how he managed it in terms of stoploss level and targets, etc… Don’t bring your negativity here. Jamie, Gerry, Sean, Anna and David are doing a wonderfull job here.
I have been a reader since Reuters blog, and this is by far the best forex website around.
They deserve a big thank you, and not your negative comments.
Nah, that’s What Colour is Your Parachute II.
JC fxl is a professional and specialised site, my only criticisim is your management doesnt have the policies and controls in place to ban further propogation and explansion of such tastless and tactless “flaming” comments and individuals on first occurance and sighting of such entries. A true waste of 10min of my times x (times) how many responsible forum participants including the management of fxl had to be party to such ridiculous and wateful banter. Allowing such extremist banter to continue is simply not a protection of freespeech. There sufficient places that individuals such as this may take their complaints including official organisations, their ranting on and receiving air time by such individuals simply not a value add to the the site participants nor the management.
Squawk! I was confusing it with What Colour Is Your Paraquet?
Wham! Probably not dissimilar to maraquet.
I found the site over the last year or so I have been reading extremely helpful. I traded EUR/GBP based on end of month demand mentioned yesterday and was successful. I traded USD/CHF short today to 1.0200 from reading previously that “organizations do whatever it takes to run the option barrier”. Things like this I would never know about as a retail trader unless I read this site.
Thanks Roman. Our whole mission is to flatten the learning curve for new traders. Glad you find the site useful…
Yep and you plump up the flat bits at least on some of the rest of us, which is very helpful thank you
Quite the strangest dating site I’ve ever joined …
Fancy a drink, Big Boy?
Tea would be nice but mind you keep your chocolate fingers away from me.
This thread is officially closed…
Good grief, Blackers has turned teatotal :S
Nice work today JC. I’ll take your trade ideas any day. Oh wait a second. What’s that? An FXL shirt? You have to ask uncle JC.