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  #233  
Old Aug 31, 2009 12:56pm
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Quote:
Originally Posted by Scotty B View Post
Okay guys..I feel like I am talking to myself here......
That may be true, but there are ears around here too.

i hope skfx gets well soon so the discussion can carry on.
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  #285  
Old Sep 1, 2009 12:02pm
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Quote:
Originally Posted by LasVahGoose View Post
Anyone willing to translate this for me?
"EUR/USD Dealers report more trading of Friday 1.44"s this morning in London....The well hyped Asian CB barriers at 1.4450 are due to expire around 22nd September and should continue to cap any fresh advance."
What are 1.44's and 13.5 level? 800 mln will contain spot? Why will barriers at 1.4450 cap price advance?
This involves FX Options.
1.44 is eur$ exchange rate (1.4406 is the high last Friday/late Thursday). it must have something to do with this.
13.5 level? i have no idea.
800mln is a value/amount in euros possibly involved in the transaction related to the barrier.
"barriers" can be literally looked at as barriers: something that hampers/prevents. in the above article, an Asian CB (Central Bank) has an interest for price (of eur$) not to touch &/or exceed 1.4450 (this Asian CB set up this 1.4450 barrier). every time price nears 1.4450, this particular Asian CB will protect the 1.4450 price by counteracting demand for price to touch/push past 1.4450, eventually deterring/capping price advance.
Sometimes barriers are successfully protected (barrier is intact; that is, it was not breached &/or touched), sometimes not.
Once the barrier expires(in this case Sept22), the price at which a barrier was previously placed (in this case at .14450) can now be possibly easily/much easily breached.
That is all i know. This is likely incomplete &/or only partially correct explanation.
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  #290  
Old Sep 1, 2009 12:27pm
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Quote:
Originally Posted by Leonlorenzo View Post
13.5 = the Implied volatility
....
Thanks Leon.
I have heard/read a little about imp.vol. but im not sure that that value is imp.vol. so i just said "i have no idea"


Quote:
Originally Posted by Haxor View Post
True. Usually if a barrier is breached....
There're some other ways in which options influence spot but I don't have much time now to discuss it...
Thanks Haxor.
Do discuss it when u have the time.
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  #291  
Old Sep 1, 2009 12:35pm
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Default thanks to golf... lol

Quote:
Originally Posted by Scotty B View Post
....I think in any avenue of life, studying (accumulation/absorption of data), is not fruitful until a person can break away for a time of reflection.
It hit me yesterday while golfing......
studying gets more fruitful after a few regular doses of rest & relaxation.
what usually happens is when the mind is relaxed (whether u are resting or relaxing via a hobby/sport etc) certain surprise AHA moments surface/creep up out of nowhere. This is precisely what u've experienced ,Sir.
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  #305  
Old Sep 2, 2009 5:56am
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Quote:
Originally Posted by skfx View Post
Hi Boys/Girls,
.........
Take care everyone and enjoy the journey.My work is done here.
It still feels inadequate but i guess self-research &/or further discussions here among us will serve us well.
I hope u can drop by from time to time.
Thanks & God bless!
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  #320  
Old Sep 2, 2009 10:19pm
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Quote:
Originally Posted by Scotty B View Post
If you have a live Oanda account, the IFR feed is provided in their FX News....
the IFR news is accessible too, to those who have an FXGame (demo) account.
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  #321  
Old Sep 2, 2009 10:26pm
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Quote:
Originally Posted by shreem View Post
Hello all. Here is an article of Jason Alan Jankovsky on discussing about order flow. I found it very much interesting.
Did u derive this from slimcat's post above?
anyway, Thanks shreem & slimcat



Quote:
Originally Posted by Cellar Door View Post
Hmm it seems everyone is talking about the "Big Players", order books and the likes... i find it strange that nobody has discussed one of the ways to spot what the "Big Players" are planning to do at any one time , in fact i never see this "thing" mentioned on any of the trading forums and i am beginning to wonder why this is.
perhaps u can enlighten us, if u are knowledgeable in it.
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  #369  
Old Sep 4, 2009 5:08am
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recently we had a mini discussion about options.
just FYI, for those interested.

to illuminate us further about that topic at hand,
Sir Paul/gammase1 has generously shared this response over PM:
(his answers follow the phrases/sentences in bold)

----------------
"EURUSD dealers report more trading of 1.44's this morning in London"

This means there a great deal of buying interest of call options on EURUSD, with a strike of 1.44, expiring Friday. Basically, providing protection post-NFP.

"The well hyped Asian CB barriers at 1.4450 are due to expire around 22 September and should continue to cap any fresh advance"

This means that large amounts of spot transactions, selling EURUSD, are expected between now and 22 Sep, in order to keep spot below 1.4450, thereby ensuring the underlying related options remain in play. If spot moves above 1.4450, even for a brief second, any options with standard knock-out barriers set at 1.4450 will immediately terminate.

"1.44's and 13.5 level"

As mentioned above, the 1.44's are the strikes on call options, expiring Friday. The 13.5 level will be the implied volatility that is used by option market makers in pricing options with this strike, expiring on Friday.

Implied volatility is the key ingredient in the pricing of options and managing the associated market risk that comes with managing a bucket of option trades.

The higher the actual (realised) volatility in EURUSD spot prices, the higher the predicted (implied) volatility will be for future periods. The higher the implied volatility quoted in the derivatives markets, the more expensive it is to purchase FX options.
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  #601  
Old Sep 24, 2009 9:03am
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Quote:
Originally Posted by Lou View Post
The link opened to a blank page. Tried it a few times... same result.
that is a link of an expired session; that is, Limstylz gave a link to the website during his particular visit to that website.
maybe he can direct us to which website that was. is it the one on this post? ok, thanks.
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  #619  
Old Sep 25, 2009 2:19pm
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Quote:
Originally Posted by pipmutt View Post
I dunno....but where is a reliable source?...
eSignal? 200-300(?) sources/contributors.


Quote:
Originally Posted by thesnacker View Post
When I said interpret through charts I meant, support/resistance, pinbars, patterns and such.
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  #622  
Old Sep 25, 2009 2:43pm
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Quote:
Originally Posted by pipmutt View Post
Sure, but the question is what are the sources and who are the contributors?...
the contributors are right on that link. scroll down
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  #658  
Old Sep 27, 2009 6:09am
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Quote:
Originally Posted by pipmutt View Post
The link was an expired session but thanks anyway.....
sorry, i didnt know every 'standard' link i post turns into an expired session.
anyway, here it is:
http://kb.esignalcentral.com/article...ticle=3108&p=1
(it is in "Support", inside the "Knowledge Base")
scroll to the middle/bottom part

that is all i know, unfortunately.
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  #682  
Old Sep 29, 2009 7:16am
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daytrading,
Thanks a lot for sharing your insights/experiences. I love hearing about other's past trading-related experiences.
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  #785  
Old Feb 17, 2010 12:03am
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Quote:
Originally Posted by Deusomega View Post
Threads like these make me want to kill kittens.
kill kittens?
cats have rights too.
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