Comments on: Time to re-group after Friday’s heavy flows https://fxww.com/time-to-re-group-after-fridays-heavy-flows/ The Professional Source Sun, 02 Jun 2013 23:02:32 +0000 hourly 1 By: Sean Lee https://fxww.com/time-to-re-group-after-fridays-heavy-flows/#comment-21531 Sun, 02 Jun 2013 23:02:32 +0000 http://381c099c8f.nxcli.net/?p=8134#comment-21531 Nice, well done, good patient trade

]]> By: fxgai https://fxww.com/time-to-re-group-after-fridays-heavy-flows/#comment-21529 Sun, 02 Jun 2013 22:33:34 +0000 http://381c099c8f.nxcli.net/?p=8134#comment-21529 Thanks Sean. I’ve gone and closed most of my position already, Fortunately I’ve made a lot of money on this pair since Abenomics started so no hard feelings!

]]> By: Sean Lee https://fxww.com/time-to-re-group-after-fridays-heavy-flows/#comment-21527 Sun, 02 Jun 2013 22:24:25 +0000 http://381c099c8f.nxcli.net/?p=8134#comment-21527 I’m told prices are very wide in tiny amounts on interbank platforms, but at least there is some sort of a mkt

]]> By: Sean Lee https://fxww.com/time-to-re-group-after-fridays-heavy-flows/#comment-21525 Sun, 02 Jun 2013 21:56:52 +0000 http://381c099c8f.nxcli.net/?p=8134#comment-21525 I will ask a few banks this am whether there is any liquidity there at all in Asia. If brokers are making mkts then you really do need to watch that s/l level 🙁

]]> By: fxgai https://fxww.com/time-to-re-group-after-fridays-heavy-flows/#comment-21522 Sun, 02 Jun 2013 21:38:15 +0000 http://381c099c8f.nxcli.net/?p=8134#comment-21522 Yeah, I was thinking I wouldn’t see any liquidity until 25 minutes from now but the shop I have a position with is already up and running. Hopefully they aren’t a bucket shop 🙂

]]> By: fxgai https://fxww.com/time-to-re-group-after-fridays-heavy-flows/#comment-21520 Sun, 02 Jun 2013 21:24:55 +0000 http://381c099c8f.nxcli.net/?p=8134#comment-21520 Oh, and I meant to say I like the Cable trade as well!

]]> By: Sean Lee https://fxww.com/time-to-re-group-after-fridays-heavy-flows/#comment-21519 Sun, 02 Jun 2013 21:24:30 +0000 http://381c099c8f.nxcli.net/?p=8134#comment-21519 Morning fxgai, I’m not even sure that there is a mkt in TRY at this time of the morning? Might be still old prices you are seeing. Can’t imagine many dealers here in Sydney quoting prices already? Not a mkt I follow closely but I will have a scout around

]]> By: fxgai https://fxww.com/time-to-re-group-after-fridays-heavy-flows/#comment-21518 Sun, 02 Jun 2013 21:22:28 +0000 http://381c099c8f.nxcli.net/?p=8134#comment-21518 Morning Sean, just wondering if you are seeing much about the big protests happening over in Turkey? I was long TRY/JPY going into the weekend and starting to think it might be time to flatten that position out, as the rallies in emerging market currencies seem to be long in the tooth. I like it as a long term carry trade, but not if the country there is torn to pieces by unrest.

However to my surprise the market had hardly gapped down to start at all – I guess Turkey is a little exotic and maybe traders haven’t woken up to it, or do they think unrest in Turkey isn’t going to effect the economy there? Any views?

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