AUTOREFRESH 
Underwhelming buzz headed into fixing
By Jamie Coleman || August 31, 2010 at 14:38 GMT
|| 15 comments || Add comment
Traders say their order books show some selling in EUR/USD and USD/JPY at the upcoming 15:00 GMT fixing. The amounts are not unusually large at this stage, from what we hear.
Solid selling of USD/CHF remains a theme today, traders say. Looks like risk aversion has only ebbed, not reversed.
May be a bit of front running today?
Always a risk, Roberto
Thank you Jamie for qualifying (actually quantifying) the pending orders remark this time, for it could be me and my cousins who have offers at a certain level, but that doesnt mean diddly to the market if u know what I mean
EURGBP went up on demand today, which is a one-day, month-end event. However, it does appear that EURGBP is on the verge of a bullish MACD cross in weekly charts. This suggests that it could go up to 0.8550 in the next few weeks. In that scenario, GBPUSD could fall back to 1.48 (?). It is hard to predict this based on today’s price action only. It is not a tradable signal for GBPUSD, but watch those important supports.
That’s right..perhaps you and marko should team up and start a competing site. I look forward to telling you how crap you are…
Jame, I think you’re swell!
JamieYou warned everyone a few post earlier. ” Month end not for the faint of hearts” I have learned more from you in real-time than the 8 books I have read over the last six months. When we going to have another tutorial
give me a topic.. I’ll see what I can whip up…
Jamie, whats with the antagonistic remarks and name calling? This is all because I made a remark about eurusd offers being absent? Why did u take it so personally? I had nothing but praises to u and to this site, and u end up calling me stupid because I was wondering about something u said? Thats too bad really. I dont think u r crap, and I dont appreciate u calling me names. U might be a good trader, but u r not a good businessman, trying to run a site based on social interaction.. something u clearly suck at. What would ur sponsor think of u calling visitors stupid for disagreeing with ur remark? Good bye.
Bu-bye!
How about how to recognize a trend change?
Challenging…If it is quiet this afternoon, I’ll give it a go…
Thanks we have fed minutes coming up so maybe tomorrow?
Yeah, trend changes would be great, but that’s definitely a huge undertaking… would be interesting to see what you have to say about it though, your insights and thoughts.
E/U=G/U*E/G. There is a major resistence about 8280 on EUR/GBP and we are at it now. Rise in fiber earlier was purely due to end of month buying in E/G. If so, we might have seen the highs on fiber. This is all according to a trader named Aziz. Let see if it holds water.