Hey folks! There are some reports coming out marked with orange and crimson on 25 (shortly). What should you consider doing it? Who is gonna trade it? Any recommendations?
Hey folks! There are some reports coming out marked with orange and crimson on 25 (shortly). What should you consider doing it? Who is gonna trade it? Any recommendations?
It will defintely transfer the JPY (sideways).
Bet 50% equity on EURJPY; straddle 20, -20 and hope to ch any movement outside 10 pip range.
Sorry for dumb questions, or perhaps non-native-english-speaker question...Originally Posted by ;
What do you guys mean by straddle? Is that an amount of MOVEMENT up/down you mean or the space from current price prior to the news come out you suggest to place buy/sell stops?
ThankZ
Well if anyting is going to proceed the yen, its gunna be this CPI report! Start looking for traders being wrong!!!
Hi ltljonOriginally Posted by Ltljon ;
straddle means u do (stop buy....stop sell) away from current price
IF GBP AT 1.8888
and someone said hellona straddle with 20 -20 this signifies
Buy stop at 1.8908
Sell Stop at 1.8866
If that amount comes out bigger then anticipated, watch the eur/jpy drop off a cliff...
It did not react to this news release in any way. Is there an opportunity we see this time to a few movents?
That is a holy grail,
You've got to appreciate those snowballs...
Originally Posted by ;
BOJ will ensure those numbers are not higher expected. . But sooner or later will probably find a repeat of Dec 13/05 (gbp/jpy).
Originally Posted by Darkstar ;
I don't understand man, you truly think they control the information like that? Maybe I am just being naieve...Originally Posted by Raczekfx ;