Just got home from an appointment, looking at my Forex account,
the insider news is that a macro buyer bought north of 400 mil.
EUR/USD between 1:00-1:30 PM EST, causing a huge spike, and seems
to coincide with the market pulling back up off the lows.
Missed it, the EUR/USD went up over 150 pips in about half an
hour.
EUR/USD
Posted by sonia on 20th of May 2010 at 01:56 pm
Just got home from an appointment, looking at my Forex account, the insider news is that a macro buyer bought north of 400 mil. EUR/USD between 1:00-1:30 PM EST, causing a huge spike, and seems to coincide with the market pulling back up off the lows. Missed it, the EUR/USD went up over 150 pips in about half an hour.
I wonder how you say
Posted by duesy on 20th of May 2010 at 02:25 pm
I wonder how you say Plunge Protection Team in German and French.
duesy
Posted by isplat on 20th of May 2010 at 02:29 pm
I can offer a German translation: Absturzvorbeugemannschaft
I don't understand most of
Posted by duesy on 20th of May 2010 at 02:45 pm
I don't understand most of that but I suspect most of us prof. retail traders understand the 'schaft' part of it. :)
Hummm...EUR/USD Macro Buyer -- gosh,
Posted by puma on 20th of May 2010 at 02:01 pm
Hummm...EUR/USD Macro Buyer -- gosh, wonder who that might have been?
maybe he had a Fat
Posted by dylan398 on 20th of May 2010 at 02:03 pm
maybe he had a Fat Finger??..hmmm...
the PPT?
Posted by sonia on 20th of May 2010 at 02:07 pm
Savoir Fare (the Plunge Protection Team) is EVERYWHERE!