sandy beach Posted March 11, 2020 Report Share Posted March 11, 2020 And look at that shit - we're going to close just above the Fibo! Brilliant! Link to comment Share on other sites More sharing options...
Jorma Posted March 11, 2020 Report Share Posted March 11, 2020 Don't forget to stock up on cash. That green stuff. Link to comment Share on other sites More sharing options...
DrStool Posted March 11, 2020 Author Report Share Posted March 11, 2020 18 minutes ago, Jimi said: "Ding dong!" "Margin call!" Gold enjoys a bid. It gets sold. Whatever enjoys a bid, shall get sold. Link to comment Share on other sites More sharing options...
DrStool Posted March 11, 2020 Author Report Share Posted March 11, 2020 16 minutes ago, fxfox said: EUR/USD went up from 1.08 to 1.15 within a few days the other day. That‘s everything but an ordinary move. Yeah. No shit. ☹ Link to comment Share on other sites More sharing options...
sandy beach Posted March 11, 2020 Report Share Posted March 11, 2020 Not seeing dislocation in small caps that I usually see at bottoms either. Have a great rest of the day! Wash you hands and take you vit D! Link to comment Share on other sites More sharing options...
SiP Posted March 11, 2020 Report Share Posted March 11, 2020 20 minutes ago, fxfox said: EUR/USD went up from 1.08 to 1.15 within a few days the other day. That‘s everything but an ordinary move. Sure, everyone knows that. Closing longs in funding currency. Most of them were located in bonds and stocks Im talking about something different. Im talking about big moves in EM FX. I dont see them. Take a look at USDPLN USDHUF. Some build up in USDMXN USDZAR but nothing amazing and panic. Link to comment Share on other sites More sharing options...
sandy beach Posted March 11, 2020 Report Share Posted March 11, 2020 5 minutes ago, SiP said: Sure, everyone knows that. Closing longs in funding currency. Most of them were located in bonds and stocks Im talking about something different. Im talking about big moves in EM FX. I dont see them. Take a look at USDPLN USDHUF. Some build up in USDMXN USDZAR but nothing amazing and panic. Thanks for this observation. Link to comment Share on other sites More sharing options...
BartTheBear Posted March 11, 2020 Report Share Posted March 11, 2020 Glad to find you guys still here. My screens are a sea of red with metals and treasuries facing some selling. Cash is King. Oh and toilet paper 😐 Link to comment Share on other sites More sharing options...
fxfox Posted March 11, 2020 Report Share Posted March 11, 2020 13 minutes ago, SiP said: Sure, everyone knows that. Closing longs in funding currency. Most of them were located in bonds and stocks Im talking about something different. Im talking about big moves in EM FX. I dont see them. Take a look at USDPLN USDHUF. Some build up in USDMXN USDZAR but nothing amazing and panic. So you wanna say that there is no stress in the system? There was and is quite tbe move in MXN or w3 look at different charts. HUF as well as PLN are more or less pegged to the Euro. Link to comment Share on other sites More sharing options...
SiP Posted March 11, 2020 Report Share Posted March 11, 2020 11 minutes ago, fxfox said: So you wanna say that there is no stress in the system? There was and is quite tbe move in MXN or w3 look at different charts. HUF as well as PLN are more or less pegged to the Euro. Dear Fx FOX. Of course I'm biased since I live in EM but believe me. If there is panic, there a huge moves in PLN and HUF. They are not pegged. There is no ERM2 corridor, Poland will not change PLN to EUR. Do you see the spikes in the past? HUGE move in 2008 (middle of screen in XXI) or even than smaller one during 2012 (euro crises). Now we are flat. Its amazing. Stocks are sold off, bonds are bought but I dont see massive panic in FX. Of course there was move in EURUSD, there was some one bigger move in USDJPY, but for the last couple days, after 20% selloff I would love to see massive panic to belive that its a bottom. IF i dont see panic, I dont buy this selloff (longs). This means, at least for me, that this sell off will last longer. with some ups but more downs. Link to comment Share on other sites More sharing options...
Jimi Posted March 11, 2020 Report Share Posted March 11, 2020 31 minutes ago, Jorma said: Don't forget to stock up on cash. That green stuff. Got that, too. And coins - have some of those. Link to comment Share on other sites More sharing options...
Jorma Posted March 11, 2020 Report Share Posted March 11, 2020 ZN, ten year Treasury futures still not catching a bid. My current obsession probably doesn't mean a thing. I mean, could this really be the big one? Link to comment Share on other sites More sharing options...
DrStool Posted March 11, 2020 Author Report Share Posted March 11, 2020 Yes Link to comment Share on other sites More sharing options...
Jorma Posted March 11, 2020 Report Share Posted March 11, 2020 1 hour ago, DrStool said: Yes Well if the Fed starts to buy them, but the price price continues to fall, it might be the big one. Link to comment Share on other sites More sharing options...
Jorma Posted March 11, 2020 Report Share Posted March 11, 2020 When interest rates rise everything changes. Everything. They've promised rates will never rise. They promised. Break that promise and everything falls apart. I still figure a couple of trillion will do the trick. Link to comment Share on other sites More sharing options...
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