Did G20 tell Ben to stop the swap game? [FX] - MarketTicker Forums


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User Info	Did G20 tell Ben to stop the swap game? in forum [FX]
Epicdepressive Posts: 1460 Incept: 2009-04-04 TN	There was that article on Bloomberg. It faded away. There is a link in another thread somewhere. It basically made contradicting statements: CBs will let currencies float but CBs will also "help" economies when they need interdiction. I saw the blue line on the TOS charts. Most of the FX featured it as well as commodities which have traditionally received a prop from the Fed: grains, lumber, cattle, hogs, stuff USA can produce. So TOS identified the blue line as "open interest". I suppose this is some kind of indication of the Fed's position. I noticed that the line took a dive these last 2 days. Can someone help me figure out what the line indicates? What if it is above the spot price? What if it is below? My pic is of the recent trend where 6 currencies (LIBOR = Pound manip?) are all seeing a drop in the blue line. edit add: what is best pic format for TF site? Last modified: 2009-09-08 16:25:52 by epicdepressive Reason: site tech question 2009-09-08 16:24:34 Permalink
Genesis Posts: 131401 Incept: 2007-06-26	Best quality is usually PNG ---------- I don't care* if it makes sense -- only if it makes money. -- Me* Bank (n): See scam, fraud and theft. *Eat a bankster -- they're low-carb.* *What part of "shall not be infringed" was unclear?* 2009-09-08 16:26:45 Permalink
Epicdepressive Posts: 1460 Incept: 2009-04-04 TN	Thanks. I know the matter of size. I don't know what works best (and fastest) for your server or other operating systems. 2009-09-08 16:37:22 Permalink
Resistance Posts: 6162 Incept: 2008-09-26 Banned	Volume daily moving average... ---------- "Why must political experiments always be in the direction of more government? Why not give the free market a county or even a state or two, and see what it can accomplish?"Murray Rothbard - The Fallacy of the Public Sector 2009-09-08 16:51:58 Permalink
Genesis Posts: 131401 Incept: 2007-06-26	My systems dont care... :) ---------- I don't care* if it makes sense -- only if it makes money. -- Me* Bank (n): See scam, fraud and theft. *Eat a bankster -- they're low-carb.* *What part of "shall not be infringed" was unclear?* 2009-09-08 17:23:35 Permalink
Epicdepressive Posts: 1460 Incept: 2009-04-04 TN	Thanks Resistance. Now I'll check foreign/foreign for the trend comparison. PNG it is. Smaller and sharper. 2009-09-08 17:48:41 Permalink
Resistance Posts: 6162 Incept: 2008-09-26 Banned	I hope you're not wasting your time to figure out yesterday was a holiday and Friday was extremely light volume due to a lot of traders skipping out in prep for yesterday's holiday... ---------- "Why must political experiments always be in the direction of more government? Why not give the free market a county or even a state or two, and see what it can accomplish?"Murray Rothbard - The Fallacy of the Public Sector 2009-09-08 18:32:11 Permalink
Epicdepressive Posts: 1460 Incept: 2009-04-04 TN	No. But I learned something. Why doesn the blue line go back only 3 months on a 12 month chart? As to the swaps/FX manip and global-coordinated QE: What is the best way to use TOS to watch the nightly dance of the yield curves as seen on Bloomberg? 2009-09-08 20:50:19 Permalink
Resistance Posts: 6162 Incept: 2008-09-26 Banned	Quote: Why doesn the blue line go back only 3 months on a 12 month chart? My bad... The light blue line on my charts is a moving average. Damn custom colors... The line you're referring to is the open interest in the current futures contract. It only "goes back" 3 months because prior to the last contract rolling into the current one there was essentially zero open interest. The charts you posted above are all futures contracts with settlement dates 4 times per year. ---------- "Why must political experiments always be in the direction of more government? Why not give the free market a county or even a state or two, and see what it can accomplish?"Murray Rothbard - The Fallacy of the Public Sector 2009-09-08 21:23:45 Permalink
Resistance Posts: 6162 Incept: 2008-09-26 Banned	For example: Chart /ES on /ESU9 on different charts... ---------- "Why must political experiments always be in the direction of more government? Why not give the free market a county or even a state or two, and see what it can accomplish?"Murray Rothbard - The Fallacy of the Public Sector 2009-09-08 21:24:48 Permalink
Epicdepressive Posts: 1460 Incept: 2009-04-04 TN	Thanks. What I'm after is Fed swap line involvement. I'm sure there are a myriad of ways that can be hidden. 2009-09-10 01:23:55 Permalink