Forex Forum Archive for 02/03/2012

AMS T 22:40 GMT February 3, 2012
Eating us all as if we were retarded.

http://vidrebel.wordpress.com/2012/02/03/no-exit-for-bilderbergers-why-a-plague-will-not-save-the-bankers/

AMS T 21:57 GMT February 3, 2012


Buy Gold
Entry: Target: Stop:

msa nsm 19:54 GMT February 3, 2012

i would 'DILIGENT'

GVI Forex john 20:56 GMT February 3, 2012 Reply   

GVI Forex john 20:54 GMT February 3, 2012 Reply   

UPDATED. Global-View Free FX Database. High-Low-Close data for over a dozen currency pairs for well over a decade of data in Excel spreadsheet format.

dc CB 20:45 GMT February 3, 2012


USD

dc CB 20:43 GMT February 3, 2012 Reply   


Euro futures
bit of a back off

dc CB 20:35 GMT February 3, 2012


JPM/HSBC autodrone launches afterhours raid

KL KL 20:23 GMT February 3, 2012 Reply   
Top top Morning...

SAR and long gold here 1726.36...too good from last night short 1761.......take entry think later....covering near 1733-35... a bullish day for equities no doubt

Lahore FM 20:02 GMT February 3, 2012
its all true...makes me think of Road To Omaha by Ludlum too!

GVI Forex john 20:00 GMT February 3, 2012 Reply   
Forex Trading Tools Index

Refresh Forum MANUALLY to update table

Cambridge Joe 19:58 GMT February 3, 2012
FM.

Based on a Speech by Chief Seattl, an American Indian to the President of the United States, 1854

The Great Chief in Washington sends word that he wishes to buy our land. The Great Chief also sends us words of friendship and good will. This is kind of him, since we know he has little need of our friendship in return. But we will consider your offer. For we know that if we do not sell, the white man may come with guns and take our land.

How can you buy or sell the sky, the warmth of the land? The idea is strange to us.

If we do not own the freshness of the air and the sparkle of the water, how can you buy them?

Every part of this earth is sacred to my people. Every shining pine-needle, every sandy shore, every mist in the dark woods, every clearing, and humming insect is holy in the memory and experience of my people. The sap which courses through the trees carries the memories of the red man.

The white man's dead forget the country of their birth when they go to walk among the stars. Our dead never forget this beautiful earth, for it is the mother of the red man. We are part of the earth and it is part of us. The perfumed flowers are our sisters; the deer, the horse, the great eagle, these are our brothers. The rocky crests, the juices in the meadows, the body heat of the pony, and man — all belong to the same family.

http://www.shalagram.ru/manipulation/indian_sietle_eng.htm

GVI Forex Blog 19:57 GMT February 3, 2012 Reply   
19:45 GMT (Global-View.com) February 3- The Global-View.com D.O.G. (Dollar, Oil, Gold) investor purchasing power index is ending Friday in North America at .5146, -0.07% from its Thursday close (-4.35% vs. end-2010).

Global-View D.O.G. Index February 3, 2012 U.S. Close

Lahore FM 19:56 GMT February 3, 2012
Buy OTHER
Entry: 64.08 NZDJPY Target: 62.80 Stop: 80.00/88.00

TrADE Of THE Year 2012.

expecting dramatic bullish moves on the pair!

GVI Forex john 19:55 GMT February 3, 2012 Reply   
19:45 GMT (Global-View.com) February 3- The Global-View.com D.O.G. (Dollar, Oil, Gold) investor purchasing power index is ending Friday in North America at .5146, -0.07% from its Thursday close (-4.35% vs. end-2010).

As for its key subcomponents, the USD forex purchasing power index is .7661, +0.05% (-1.55% vs. end-2010). The forex index is value is calculated against the top six trading currencies.

Against gold, the USD purchasing power index is worth .1656, -0.99% (-18.37% ytd).

Against crude, it is at 0.4580, -1.45% (-6.09% end-2010). The D.O.G. Index base is 1.00. It is measured against levels from the start of 1999, as of the initial launch of the euro (currency).

msa nsm 19:54 GMT February 3, 2012
anyone adding?

Lahore FM 19:53 GMT February 3, 2012
something from T movie is what i was thinking of too Joe having read CB's post!

msa nsm 19:52 GMT February 3, 2012
ab whats your sl max level in this case?

Cambridge Joe 19:38 GMT February 3, 2012
CB.

Enable SKYNET ? Y/N.......

Where is John Conner when you need him ! ;-)

dc CB 19:29 GMT February 3, 2012 Reply   
A new aircraft from Northrop Grumman might make the idea of “robot overlords” seem uncomfortably real. The X-47B is a completely unmanned drone. Meaning, not only no pilot but no human control from the ground.

Now with the X-47B it will be the decision of an algorithm based on perceived threats that are described by sensors. So it begs the question, where is the accountability if something goes horribly wrong?

So far the X-47B Unmanned Combat Air System program is costing an estimated $813 million. In December it was delivered from the Mojave Desert to Naval Air Station Patuxent River in Maryland where experimentation will continue in 2012.

it will refuel itself in the air via an aerial tanker.

Lahore FM 19:23 GMT February 3, 2012
Buy EURUSD
Entry: 1.3104 Target: 1.3540-1.3820/30 Stop: at entry

Lahore FM 18:15 GMT February 3, 2012 - My Profile
" Trade Ideas " : Reply
Buy EURUSD
Entry: 1.3104 Target: Stop: 1.3090

Paris ib 19:23 GMT February 3, 2012
Well not to make too fine a point of this: get off your fat arses and fix the problems before we get a permanent state of feudalism. Seriously, start putting people in jail. Feudalism is an ugly system with ugly mobility problems and no personal choices. Personally I think the Japanese have already introduced it. No credit is available for the small guy over there, real income has been falling for decades and this in an extremely rich, exporting country with massively successful corporations. You want that? That's what we'll all end up with if we are not careful: really rich corporations and a whole bunch of poor, uneducated serfs living on the left overs.

dc CB 18:58 GMT February 3, 2012
Just get the bloody system to work as it SHOULD work, police it, eliminate fraud and excess speculation and then get out of the way. Feudalism?

++++++++++++++++++++++++++++++++++++
the idea is to never deal with the fact that fraud is rampant and no one is held accountable.

Feudalism? we already have it. The Lords can steal...latest is Corzine and the "vaporizing" of $1+++billion dollars.
and the Serfs go to jail even if they are "in the Biz"......

Kweku M. Adoboli, the former UBS trader charged with false accounting related to the $2.3 billion trading loss, was denied bail by a London court.

GVI Forex Jay 18:57 GMT February 3, 2012 Reply   
In this month;s newsletter I wrote an article about Trading the News. Given the post-NFP price action, the art6icle is very timelyThis is an extract from it:

So what happened? First, the Fed threw a money wrench into the equation by indicating it would keep rates on hold through late 2014. While that date is a long way off and a lot can happen in between, it suggests there is no chance the Fed would react to stronger US data, if it should occur, by tightening monetary policy. So there is no reason to buy dollars on good US data. It makes more sense to buy currencies with a higher yield that would benefit from a stronger global economy.

See the article I just wrote in the Feb newsletter

Trading the News - USD Confounds

Paris ib 18:49 GMT February 3, 2012
CB but doesn't it strike you as surreal? It's just weird. And then there are these people talking about getting rid of fractional reserve banking. I mean please. Fractional reserve banking was what funded the renaissance. These people who want to get rid of it want to go back to hair shirts, fleas and latin mass. Gag. Going back to the Dark Ages is not the answer. Just get the bloody system to work as it SHOULD work, police it, eliminate fraud and excess speculation and then get out of the way. Feudalism? No thank you. Seems to be an era which keeps generating extremes as 'the only choice'. I wish these people, the media, the politicians would stop treating us all as if we were retarded.

Lahore FM 18:48 GMT February 3, 2012
Buy EURCHF
Entry: Target: Stop:

Lahore FM 13:19:08 GMT - 02/03/2012

Buy EURCHF
Entry: Target: Stop:
ripe on 30 m and on dailies for a rise
--
sl 11 pips below entry at 1.2040 now

Lahore FM 18:16 GMT February 3, 2012
hk ab 13:59:21 GMT - 02/03/2012

manila tom 13:58:56 GMT - 02/03/2012

Ina JHZ 15:38:24 GMT - 02/03/2012

Many thanx Gentlemen!

Lahore FM 18:15 GMT February 3, 2012
Buy EURUSD
Entry: 1.3104 Target: Stop: 1.3090

Lahore FM 13:54:48 GMT - 02/03/2012

Buy EURUSD
Entry: 1.3104 Target: Stop: 1.3060
long again
--
sl to 1.3090 now.

msa nsm 18:07 GMT February 3, 2012 Reply   
Reflecting back to the strength of this forum, I started my fx demo trading in this forum where i took my first trade , my first live trade to
,to all the newbies: all the knowledge you seek in books pointing out strategies and blah blah blah, cannot exceed what you learn through forums and over the years i have learnt alot here, special thanks to Jay.thanking forum members especially FM, KB, KaL , Rana, ab and all members for there endless effort of sharing their knowledge.
Gl to all.

GVI Forex john 18:02 GMT February 3, 2012 Reply   
Someone asked for this months ago. I wonder if this would be of use to some pip traders. We publish weekly ranges on the weekends. This table is daily pip ranges...

JERUSALEM KB 18:01 GMT February 3, 2012


msa nsm 17:44 GMT February 3, 2012
Forex Trading Plan: Reply
that is gold.

______________

hi KB, talking of resistant, what do you think of the daily trend line break, any trade setup for you there? gl
==========
nsm talking about daily trend line , it was broken last week and we went long and book a huge profit in two position.
now i am waiting for the candle close to see what is next

dc CB 17:54 GMT February 3, 2012 Reply   
NEW YORK – Attorney General Eric T. Schneiderman today filed a lawsuit against several of the nation’s largest banks charging that the creation and use of a private national mortgage electronic registry system known as MERS has resulted in a wide range of deceptive and fraudulent foreclosure filings in New York state and federal courts, harming homeowners and undermining the integrity of the judicial foreclosure process. The lawsuit asserts that employees and agents of Bank of America, J.P. Morgan Chase, and Wells Fargo, acting as "MERS certifying officers," have repeatedly submitted court documents containing false and misleading information that made it appear that the foreclosing party had the authority to bring a case when in fact it may not have.

The lawsuit names JPMorgan Chase Bank, N.A., Bank of America, N.A., Wells Fargo Bank, N.A., as well as Virginia-based MERSCORP, Inc. and its subsidiary, Mortgage Electronic Registration Systems, Inc.

Office of NY AG

msa nsm 17:44 GMT February 3, 2012
that is gold.

______________

hi KB, talking of resistant, what do you think of the daily trend line break, any trade setup for you there? gl

msa nsm 17:42 GMT February 3, 2012
fs pal what's your bias on usd into next week? gl

msa nsm 17:32 GMT February 3, 2012
hi KB, talking of resistant, what do you think of the daily trend line break, any trade setup for you there? gl

dc CB 17:20 GMT February 3, 2012
PAR
It's a campaign issue, not just Ron Paul either
+++++++++++++++++++++++++++++++++++++++++++++++
Newt Gingrich, seeking to widen his support in the days leading up to the South Carolina primary, promised that he would appoint a new gold commission. “Part of our approach ought to be to re-establish something Ronald Reagan did in 1981 and that is to have a commission on gold to look at the whole concept of how do we get back to hard money,” he said in a speech.

In a Focus on Gold, History Repeats Itself NYTimes

Paris ib 17:12 GMT February 3, 2012
I'm not a big fan of the scare mongering Alex Jones goes in for, however, on Yahoo Finance I found this article which makes for surreal reading. It does make we wonder whether the doom mongers collectively have just jumped the shark. All of this hysteria in the States and in Europe is starting to get tiresome. Are we all supposed to start stocking up on tinned fish and guns and locking ourselves inside? And now there is talk that Israel is going to attack Iran. I guess that will get the Oil price up, which will keep the Saudis (and Exxon) happy. Good grief.

Alternative currencies anyone?

dc CB 17:10 GMT February 3, 2012
When tading is dominated by Algos...which only need headling numbers as input...what do you expect. Adjust the numbers and you are guareenteed the desired effect. Sort out the truth with analysis later. By that time millions/billions have been booked in the P/L column.

In the Casino that the market has become...all it takes is a simple electromagnet hidden below the roulette wheel.

JERUSALEM KB 17:07 GMT February 3, 2012
Buy Gold
Entry: 1750 Target: 1802 Stop: 1744
buy limit
=====
hit sl in my last buy and sell limit orders and will follow the ress. & support breakout system only

dc CB 17:05 GMT February 3, 2012
16 inches of snow in Rome??

JERUSALEM KB 17:05 GMT February 3, 2012
Buy GBPJPY
Entry: Target: Stop:

Buy GBPJPY
Entry: 120.40 Target: 121.80 Stop: 120.10
bought again
==============
covered my lose in the first position and out with 45pips.
holding 2nd position

Boston eFX 17:04 GMT February 3, 2012 Reply   
It's almost like trying to do two puzzles simultaneously, with a bunch of pieces missing from each.

Equities are soaring, volatility has collapsed, bond yields continue to fall, gold's back up, while the economic indicators seem to be saying meh...

Something doesn't fit.

Equities could be rallying because 1) the euro-zone crisis has blown over and we're heading to a (good) resolution, 2) because.....

Squaring An Intractable Market Puzzle (full story)

Central Kwun 17:02 GMT February 3, 2012
yo, today Gold Bull seem not your side, trend change? SL already? 10 dollars la

NC JJM 17:01 GMT February 3, 2012
Hi Mick, with break back above 1.3110-20 i covered short......still in triangle but 1.3080 did not lead to downside acceleration as anticipated..friday afternoon so will stay out for now......triangle will still be in force next week...so will looking to play breakout...how about your thoughts?

ldn JPS 16:55 GMT February 3, 2012
Chicago tt 16:07 GMT

Mate, having funds to trade especially when they're not yours helps a lot, however, you should not be disillusioned. You too can trade this way - its just a percentage. I never risk more than 4.5% on any single trade, most of the times its only 2.8%.

Saar KaL 16:50 GMT February 3, 2012
cable calling da bridge to get permission for take off

GVI Forex Blog 16:45 GMT February 3, 2012 Reply   
The January employment reports initially helped EUR/USD initially retest the 1.32 handle, however the move higher was very brief and selling pressure prevented the pair from breaking above the January high. Further euro upside is being hampered this morning by headlines regarding Greece. Press report suggested that Greek PM Papademos was threatening to resign if three parties in his coalition government cannot agree on another round of austerity cuts. EUR/USD probed below the 1.31 handle in mid-morning trade.

TradeTheNews.com US Market Update

Saar KaL 16:38 GMT February 3, 2012
Long Cable for 1.5980 tgt

GVI Forex Blog 16:35 GMT February 3, 2012 Reply   
February 3 (global-view.com) UPCOMING DATA HIGHLIGHTS for Monday, February 6. Updated: Trading Events Calendar:

GVI Forex- Data Outlook for February 6, 2012

GVI Forex john 16:33 GMT February 3, 2012 Reply   


February 3 (global-view.com) UPCOMING DATA HIGHLIGHTS for Monday, February 6. Updated: Trading Events Calendar:

PAR 16:32 GMT February 3, 2012 Reply   
Cold weather kills more than 220 in Europe; Danube freezes over; France set to break power consumption records

Temperatures fell to record lows across Europe as a week-long cold snap continues, claiming more than 220 lives with forecasters warned that the big freeze would tighten its grip at the weekend.

In the southwest Czech Republic, mercury fell to as low as minus 38.1 degrees Celsius overnight and even Rome received a rare dusting of snow.

In the last seven days, a total of 222 people have died from the cold weather, according to an AFP tally.

Ukraine’s emergencies ministry raised the death toll substantially from a previous 63 to 101, of whom 64 died on the streets.

CA Brandon 16:20 GMT February 3, 2012 Reply   
Cameron’s decision fits the trend of wealthy Americans pulling their money out of the country and reinvesting it to buy land in the southern hemisphere, escaping spiraling tax rates and protecting themselves against the potential for widespread social dislocation.

In 2010, John Malone, billionaire chairman of Liberty Media, announced that he had bought a retreat on the Quebec border as an insurance policy to “have a place to go if things blow up here,” adding that he was concerned about the survival of the dollar and whether or not “America (was) going to make it” through the economic crisis.

...

fleeing America and USD

Saar KaL 16:19 GMT February 3, 2012
USDJPY Up to some big drop i think
74.5 tgt

GVI Forex 16:19 GMT February 3, 2012 Reply   
• Ongoing negotiations over Greek bail out, with ECB standing pat ahead of next LTRO.

• MPC likely to continue QE with further £50bn, but difficult judgements lie ahead.

• RBA to cut rates this week; easing Chinese inflation pressures could herald PBoC loosening.

ECONOMIC DATA ANALYSIS - CENTRAL BANKS - STILL EASING FOR NOW

dc CB 16:19 GMT February 3, 2012 Reply   
How many jobs did the American economy add in January?
The Labor Department estimated on Friday that the economy gained 243,000 jobs.
The department also estimated that the economy lost 2,689,000 jobs in the month.

The difference in the two numbers is in seasonal adjustment. Employment always falls in January, as temporary Christmas jobs end. So the government applies seasonal adjustment factors in an effort to discern the real trend of the economy apart from seasonal fluctuations. The actual survey showed the big loss in jobs. The seasonal adjustments produced the reported gain of 243,000 jobs.

NYTimes

msa nsm 16:18 GMT February 3, 2012
Kyle Bass is “Against Selling” any of UT’s Gold

Last year the University of Texas Investment Management Co. took delivery of over more than 6,000 gold bars – worth nearly $1 billion at the time – based in part on advice from noted hedge fund manager Kyle Bass.

Yesterday, Mr. Bass stated at a meeting among the endowment’s fund directors that he is “against selling any of the gold,” according to a Bloomberg report. Bass cited “the need for a hedge against mounting risks driven by government deficits in the U.S. and Europe,” the report noted.

Bloomberg went on to say that “The $19.1 billion in endowment funds overseen by the University of Texas Investment Management Co., or Utimco, lost almost 3.8 percent on invested assets in the four months through December, preliminary figures distributed today show.” The report did not specify which positions contributed most to the fund’s decline, but with gold falling from $1,825 to $1,564 from September 1 – December 31, the yellow metal undoubtedly played a role.

Nevertheless, in recent years Bass has become one of the more highly-regarded fund managers in the investment world. His firm, Hayman Capital Management LP, has delivered stellar returns since the onset of the financial crisis in 2007. Hayman has profited significnatly from short positions on securities tied to the subprime housing market and later the European sovereign debt crisis, as well as from long positions in gold.

In 2011, Bass was quoted as saying that “Central banks are printing more money than they ever have, so what’s the value of money in terms of purchases of goods and services. I look at gold as just another currency that they can’t print any more of.”

GVI Forex Blog 16:18 GMT February 3, 2012 Reply   
• Ongoing negotiations over Greek bail out, with ECB standing pat ahead of next LTRO. • MPC likely to continue QE with further £50bn, but difficult judgements lie ahead. • RBA to cut rates this week; easing Chinese inflation pressures could herald PBoC loosening.

ECONOMIC DATA ANALYSIS - CENTRAL BANKS - STILL EASING FOR NOW

Chicago tt 16:07 GMT February 3, 2012
JPS I like your style but deeper pockets than I have

Saar KaL 16:05 GMT February 3, 2012 Reply   
audusd into 1.12 in a few weeks

ldn JPS 15:49 GMT February 3, 2012
Shorts 1.3095, 1.3130 & 1.3185 Stop 1.3258
Dumped the 1.3095, 1.3130 at 1.3085.
Only holding 1.3185 with stop lowered to 1.3195.

Ina JHZ 15:44 GMT February 3, 2012
sell euro 1.3116 stop 1.3160, target open

London Mick 15:44 GMT February 3, 2012
Is your glass half empty (repeated failure above 1.32) or half full (why is it not at 1.30 and heading lower?). This will give you the next 200 pips.

Ina JHZ 15:38 GMT February 3, 2012
Lahore FM 13:03 GMT February 1, 2012
" Trade Ideas " : Reply
Ina 1765 where i might try short once more for the last time for if it closes above 1765 may make a full bullish round on dailies and weeklies and head towards previous historic highs!

great call! cheers

HK RF@ 15:34 GMT February 3, 2012 Reply   
The US Jobs Report: Airbrushing History

http://jessescrossroadscafe.blogspot.com/2012/02/us-jobs-report-airbrushing-history.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+JessesCafeAmericain+%28Jesse%27s+Caf%C3%A9+Am%C3%A9ricain%29

Saar KaL 15:33 GMT February 3, 2012 Reply   
people you should not ever work for do this;
1) Shine their shoes
2) Refuse to do Macs
3) Use only hotmail

Very, very dangerous people..lol

Hong Kong Qindex 15:31 GMT February 3, 2012 Reply   
Gold
Entry: Target: Stop:

Gold : Critical Point 1703.1


The market is under pressure when it is rejected from the barrier at 1743.0 // 1779.6. Speculative selling pressure will increase when the market is 1724.0.


Qindex.com


http://www.youtube.com/watch?v=dZEGYpXE5B4

Gold : Monthly Cycle Charts

Dubai SAS 15:31 GMT February 3, 2012
rebot the half usdcad @ 9960 same stops as before

Indo jak 15:30 GMT February 3, 2012 Reply   
1,5645
1.5637
1.5602
1.5594

Ina JHZ 15:20 GMT February 3, 2012
sell gold 1742.. stop 1752, target open..

msa nsm 15:19 GMT February 3, 2012
Wow brilliant call on long oil

hk ab 15:18 GMT February 3, 2012 Reply   
if aud gains strength and strive hard towards 1.09, thne gold is marching towards 1800 now. This dip to 1735 clear all the weak longs.

HK RF@ 15:16 GMT February 3, 2012 Reply   


Will, or will not get back into the channel?

hk ab 15:14 GMT February 3, 2012
If every single cousins drop, yet.

but I couldn't see that now but gold will always surprise us.... down trend of gold?

we will see.

GVI Forex john 15:13 GMT February 3, 2012


Services PMI Employment sub-component vs. NFP. Too bad it was released later this month...

GVI Forex john 15:12 GMT February 3, 2012


Strong Services PMI..

Saar KaL 15:12 GMT February 3, 2012
Errors if you want them

Pair-------- Rec'd Std E High std E Low Error
EUR/USD Buy 1.3221 1.3066 0.0064


USD/JPY 76.39 75.90 0.31


USD/CHF Sell 0.9218 0.9105 0.0046


GBP/USD Buy 1.5874 1.5738 0.0053


USD/CAD Sell 1.0044 0.9937 0.0045


EUR/GBP 0.8348 0.8283 0.0027


EUR/JPY Buy 100.69 99.54 0.54


EUR/CHF 1.2087 1.2018 0.0033


AUD/USD Buy 1.0789 1.0632 0.0066


GBP/JPY Buy 120.90 119.78 0.56


CHF/JPY Buy 83.60 82.60 0.46


GBP/CHF 1.4559 1.4429 0.0054


NZD/USD Buy 0.8394 0.8273 0.0047


Silver Buy 34.94 33.54 0.52


Gold 1777 1740 15


DJI Buy 12846 12612 98


SP 1342 1315 11

Hong Kong Qindex 15:11 GMT February 3, 2012
Sell GBPUSD
Entry: Target: Stop:

GBP/USD : The short term supporting barrier is expected at 1.5718 // 1.5728.


Qindex.com


http://www.youtube.com/watch?v=dZEGYpXE5B4

GBP/USD : Monthly Cycle Charts

Chicago tt 15:10 GMT February 3, 2012
Day trading

eurusd needs above 1.3106 to have a higher high targeting 1.3130

hk ab 15:10 GMT February 3, 2012
RF, I remembered that I posted once before that gold secular bull run can resist 3 times key day reversal.

I think today might be the first one.....

If bears short with the key-day reversal, we will have more fuel to 1900 then..... by April?

Saar KaL 15:09 GMT February 3, 2012
i doubt gold lower then 1710
today

same way with USDCHF
High------Low--------Error
0.9218 0.9105 0.0046
could even reach .9300

Saar KaL 15:07 GMT February 3, 2012
RF
I agree
my estimates for the low

1740
error is 15
even 2* error is possible

Ina JHZ 15:06 GMT February 3, 2012
just my 2 cents AB, slow down.. this might be the beginning of new downtrend...

HK RF@ 15:05 GMT February 3, 2012
If adding better at 1730, which likely will touch soon.

GVI Forex john 15:05 GMT February 3, 2012
Strong data. Reinforces Employment report. Lets see how the markets react.

NYC ET 15:04 GMT February 3, 2012
It is not correlatiing with S & P and not reacting positively to good US data. This is bearish.

Hong Kong Qindex 15:04 GMT February 3, 2012
Sell GBPUSD
Entry: Target: Stop:

GBP/USD : The current expected trading range is 1.5732 - 1.5805.


Qindex.com


http://www.youtube.com/watch?v=dZEGYpXE5B4

GBP/USD : Monthly Cycle Charts

hk ab 15:03 GMT February 3, 2012
this is an obvious robbery, but will load but in slower manner.

1736. 1 go.

london Bill 15:02 GMT February 3, 2012
tsim sha tsui Wang 09:20 GMT February 3, 2012
1770 Gold looks an attractive target for few $ Pullback: Reply   
is there enough momentum for gold to go above 1800 before low 1730's
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^


nice trade Wang

GVI Forex john 15:01 GMT February 3, 2012

Central Kwun 15:00 GMT February 3, 2012
support? oh no!

Ina JHZ 14:59 GMT February 3, 2012
crash boom bang..

Israel Dil 14:59 GMT February 3, 2012
Sell
Entry: Target: Stop:

DJI below 10K this year


initial short entry most probably will take place during next week.

Saar KaL 14:58 GMT February 3, 2012
Long Gold at 1737

LDN dt 14:58 GMT February 3, 2012
JJM- thanks for your chart. As I understand technical analysis, a rising wedge like that was a bear signal. Vice versa for a falling wedge.

Hong Kong Qindex 14:58 GMT February 3, 2012 Reply   
Sell GBPUSD
Entry: Target: Stop:

GBP/USD (Swing Trading) : The market is under pressure when it is rejected from the primary upper ranges at 1.5835 - 1.5913 - 1.5938. Speculative selling pressure will increase when the market downward trending momentum is strong enough to penetrate through the barrier at 1.5767 // 1.5774.


Qindex.com


http://www.youtube.com/watch?v=dZEGYpXE5B4

GBP/USD : Monthly Cycle Charts

Israel Dil 14:56 GMT February 3, 2012

DJI below 10K this year - realistic or complete madness to dare trading such theme?

london red 14:55 GMT February 3, 2012
nyc a technically sound argument, but look at the price action over the past couple of weeks, everytime there has been a technical break down eg double/triple top, it has been a false break met with a vicious, its as if there is an attempt to buy size on every break lower and to disguise it under the heavier volume associated with a breakout.

kl shawn 14:54 GMT February 3, 2012
lets collect the gold ab, looks supported
follow me with crude oil as well...

nyc ws 14:52 GMT February 3, 2012
JJM what time frame chart is that?

NC JJM 14:48 GMT February 3, 2012


Here's triangle chart of euro.......im short with tight s/l above 1.3110......1.3030 would lead to good downside accleration......really back above 1.3140 puts euro back into larger triangle.....1.3220-25 topside trigger.

hk ab 14:48 GMT February 3, 2012
add very very quietly 1743.9

singapore td 14:47 GMT February 3, 2012
kl shawn, i like your confidence
buying some more crude oil as well 97.04 hehe, same stop with yours
100 target is too tempting

Ina JHZ 14:44 GMT February 3, 2012
1752.5 stopped @1745 ..

GVI Forex john 14:44 GMT February 3, 2012
Traders will be looking to see if the ISM Services PMI at the top of the hour reinforce the jobs data. Its expected to have improved in January.

hk ab 14:43 GMT February 3, 2012 Reply   
view on gold at the moment?

london red 14:42 GMT February 3, 2012
Israel Dili > heard a few notable options expire today at the top of the hour which may well have add to volatility so if no further downside until then, low should be in place I'd guess.

makassar alimin 14:42 GMT February 3, 2012 Reply   
what seems obvious may not be so obvious after all, careful

dc CB 14:40 GMT February 3, 2012
Buy Sunglasses

Market View- NASDAQ COMPQ sets new 11Yr. highs @ 2289.03, best level since Jan. 2001

Indo jak 14:40 GMT February 3, 2012 Reply   
EURUSD will fall 1.3014
GBPUSD will fall 1.5684

kl shawn 14:38 GMT February 3, 2012
maybe a better indicator is aud
as long as it stays above 1.05 we are safe

kl shawn 14:35 GMT February 3, 2012
still not too late, buy euro, gold and oil...buy with confidence

nyc ws 14:35 GMT February 3, 2012
Now we see if buying below 1.31 and selling above 1.32 continues to work as it has just about every day this week.

kl shawn 14:33 GMT February 3, 2012
yes Dil, buy everything and sell usd

hk ab 14:31 GMT February 3, 2012 Reply   
it's like a pressed spring, the strong it's pushed, the stronger it reflects.

hk ab 14:30 GMT February 3, 2012
gold follows eur.

Kaal's I am still patiently waiting for your 108+ call on e/j.

Israel Dil 14:29 GMT February 3, 2012
london red 14:14 GMT February 3, 2012

Good parameters, 1.3010 looks well protected for now. for now :-)

someone beside me asks me to tell you that market will visit the HOD area soon. Good luck!

kl shawn 14:28 GMT February 3, 2012
sorry stop should be 96.45

kl shawn 14:27 GMT February 3, 2012 Reply   
buying one final portion of crude oil at 96.72, stop should be 76.45 (so far so good), if stopped then we think about reloading next week
buying gold as well 1748.5

hk ab 14:27 GMT February 3, 2012 Reply   
interesting charts.....

all of a sudden, Zeus, RF and all others major players are gone.

Saar KaL 14:27 GMT February 3, 2012
sold usdchf
at std E High

Pair-------- Rec'd 2 day Exp Std E High std E Low 3 day Exp 7 days Exp
EUR/USD Buy 1.3230 1.3221 1.3066 1.3317 1.3673


USD/JPY 76.19 76.39 75.90 76.41 75.99


USD/CHF Sell 0.9105 0.9218 0.9105 0.9033 0.8765


GBP/USD Buy 1.5925 1.5874 1.5738 1.5914 1.6257


USD/CAD Sell 0.9942 1.0044 0.9937 0.9945 0.9819


EUR/GBP 0.8307 0.8348 0.8283 0.8368 0.8414


EUR/JPY Buy 100.79 100.69 99.54 101.77 103.97


EUR/CHF 1.205 1.2087 1.2018 1.2042 1.203


AUD/USD Buy 1.0849 1.0789 1.0632 1.0747 1.0935


GBP/JPY Buy 121.25 120.90 119.78 121.59 123.56


CHF/JPY Buy 83.63 83.60 82.60 84.49 86.38


GBP/CHF 1.4506 1.4559 1.4429 1.4381 1.4282


NZD/USD Buy 0.8471 0.8394 0.8273 0.8346 0.8508


Silver Buy 35.20 34.94 33.54 34.63 36.45


Gold 1784 1777 1740 1757 1799


DJI Buy 12807 12846 12612 12727 12745


SP 1345 1342 1315 1324 1324

Ina JHZ 14:22 GMT February 3, 2012
not looking good for the bulls ..

NC JJM 14:22 GMT February 3, 2012
short euro/usd short...sold at 1.3079...placing tight stop above 1.3110.....expecting sub 1.30

singapore td 14:22 GMT February 3, 2012 Reply   
looks like buying gold here is good too 1748

GVI Forex john 14:20 GMT February 3, 2012
Post-data update...
Forex Trading Tools Index
Refresh Forum MANUALLY to update table

UK Malc 14:19 GMT February 3, 2012
Interesting to see only eurusd buy calls. euraud and eurcad getting the flows.

hk ab 14:17 GMT February 3, 2012 Reply   
close above 1750 means 1770 target opens.

uptrend not destroyed.

aud strong, alos a hint.

dc CB 14:17 GMT February 3, 2012 Reply   
A month ago, we joked when we said that for Obama to get the unemployment rate to negative by election time, all he has to do is to crush the labor force participation rate to about 55%.

Looks like the good folks at the BLS heard us: it appears that the people not in the labor force exploded by an unprecedented record 1.2 million. No, that's not a typo: 1.2 million people dropped out of the labor force in one month

Record 1.2 Million People Fall Out Of Labor Force In One Month

london red 14:14 GMT February 3, 2012 Reply   
think buying the bottom end of the range 13050/70 with a stop under 13030 may work. target should be in the region of 13130

makassar alimin 14:14 GMT February 3, 2012
just my two cents..maybe another test of 95 before anything else

dc CB 14:13 GMT February 3, 2012 Reply   
From Kathimerini: "Papademos is expected to meet PASOK’s George Papandreou, New Democracy’s Antonis Samaras and Giorgos Karatzaferis of the Popular Orthodox Rally (LAOS) on Saturday.
Skai TV and radio reported on Friday that should the leaders fail to agree a deal, he will tender his resignation on Monday."

And just to make the confusion complete, Jean Claude Juncker just announced there would be no Eurogroup meeting on February 6.

Greece may be on the verge of blowing up Europe.

GVI Forex john 14:12 GMT February 3, 2012
Big divergence between EURUSD and S&P.

singapore td 14:09 GMT February 3, 2012 Reply   
nothing to lose, trying intraday position as well
long crude 96.723, 96.3x area looks good as support

Israel Dil 14:06 GMT February 3, 2012
US jobless rate down to 8.3% - for me that's the bottom line until next month. US economy does better than most expected. in case it will turn out as driver to push stocks UP today then EUR/USD may also end around the week's highs, but we are still not out the 1.3010-1.3280 - so, yawn!


good weekend to all :-)

kl shawn 14:06 GMT February 3, 2012
for forex side, i think euro will not fall below 1.3 anymore

hk ab 14:04 GMT February 3, 2012 Reply   
close 1/2 long at 1755. Rest s/l raise to 1749.4

kl shawn 14:02 GMT February 3, 2012
buy some more crude oil 97.03, 4 positions now, same stop 96.45

GVI Forex john 14:02 GMT February 3, 2012

hk ab 13:59 GMT February 3, 2012
FM, same here.

manila tom 13:58 GMT February 3, 2012
followed you FM, long euro 1.3109, stop 50 below

HK RF@ 13:58 GMT February 3, 2012 Reply   
.

manila tom 13:57 GMT February 3, 2012
kl shawn, you may be right, but i think better be cautious a bit too

israel te 13:55 GMT February 3, 2012
looks like a good trade, treausry is flying up.;

dc CB 13:55 GMT February 3, 2012
Buy Sunglasses
baaaaa baaaaaa baaaaa

Lahore FM 13:54 GMT February 3, 2012
Buy EURUSD
Entry: 1.3104 Target: Stop: 1.3060

long again

kl shawn 13:52 GMT February 3, 2012
yes fs, aggresive attack, still not too late for above 100 soon

london red 13:52 GMT February 3, 2012 Reply   
Positive surprise from the nfp and if we had a couple of these one could normally start expecting the market to bring in the timetable for expected rate hikes in the US and thus srengthen the dollar. However, do we choose to believe the Fed will stick to its guns as far as the no change outlook until 2014 and its new inflation target policy? If so, this news isn't dollar positive, but risk positive and this should have a positive influence on risk assets to varying degrees.

GVI Forex john 13:52 GMT February 3, 2012

israel te 13:52 GMT February 3, 2012 Reply   
i think its going to push back to 1.32

Teheran Farsi 13:51 GMT February 3, 2012
your bet is the only allowed to post. I say sell and it gets deleted, watch it happens. good sign the market runs a bull trap. LOL

kl fs 13:51 GMT February 3, 2012 Reply   
i think kl shawn is right
looks good crude oil long 96.7x with good r/r stop 96.4x
tried this as well for intraday

Ina JHZ 13:49 GMT February 3, 2012
nice trade AB

kl shawn 13:48 GMT February 3, 2012
reload 1 portion crude oil long 96.79, will not see under 96.45 anymore, that's my bet

hk ab 13:46 GMT February 3, 2012 Reply   
bought 1748

kl shawn 13:45 GMT February 3, 2012 Reply   
buy gold as well 1748.15, stop under 1730

hk ab 13:43 GMT February 3, 2012 Reply   
close all short at 1747.5, reshort later.

kl shawn 13:43 GMT February 3, 2012
reload crude oil under 96.80, same stop 96.45, very confident with this trade

GVI Forex john 13:41 GMT February 3, 2012
Monthly jobs U.S.

Click on chart for more than 10-yr history

kl shawn 13:40 GMT February 3, 2012
closed one portion 97.15

Ina JHZ 13:38 GMT February 3, 2012
buy gold @1752.50, stop 1745 target 1765..

GVI Forex john 13:37 GMT February 3, 2012
Benchmark Revisions added 162K in jobs over the past year.

HK RF@ 13:37 GMT February 3, 2012 Reply   
.

kl shawn 13:37 GMT February 3, 2012
moved stop now to 96.45, very easy indeed

GVI Forex john 13:35 GMT February 3, 2012
Sorry slow had to make sure to get it right.

hk ab 13:34 GMT February 3, 2012 Reply   
data?

GVI Forex john 13:34 GMT February 3, 2012

kl shawn 13:33 GMT February 3, 2012
buy more 96.68, 3 positions now all good
stop still 96 rigid!!

kl shawn 13:31 GMT February 3, 2012
buy some more 96.89, easy trade!

kl shawn 13:28 GMT February 3, 2012
bought crude oil 96.39, stop under 96, target above 100!

kl shawn 13:25 GMT February 3, 2012
yes, buy crude, should go back to above 100 soon

Boston eFX 13:20 GMT February 3, 2012 Reply   
Citi is downbeat on US non-farm payrolls, only expecting a 100,000 rise compared to a consensus of 140,000.

While the central range of forecasts stands between 140,000 and 175,000, Citi says consensus probably...

Citi Sees Nonfarm Payrolls Missing Consensus

hk ab 13:20 GMT February 3, 2012 Reply   
aud is telling the truth, more or less.

add 1 more positions 1761

NC JJM 13:19 GMT February 3, 2012 Reply   
Nice little triangle forming on hourly of eur/usd off the 1.3234ish high...obviously, in anticpation of NFP...will let volatility of market after NFP take me into a position......i have a buy stop to enter market long at 1.3220 and a sell stop below 1.3090 to enter a short......if triggered will place no more than a 30 pip stop to guard against any whipsaws. Break of either these levels should lead to a 150 pip or so move out of the triangle...Good Luck out there

Lahore FM 13:19 GMT February 3, 2012
Buy EURCHF
Entry: Target: Stop:

ripe on 30 m and on dailies for a rise

TEL AVIV RT 13:16 GMT February 3, 2012
20 (40 during late friday) people that know everything for a SHEKEL. that's the latest market value at hakarnel in tel aviv.

Haifa ac 13:12 GMT February 3, 2012
TEL AVIV RT 13:02 GMT February 3, 2012
Iran warns of retaliation over oil sanctions: Reply
war in Iran and no rise in oil prices,.//

Artie (johnson)-- how come price of NG at all time low?
Is it your experience that when everyone "THINKS" a price should go this or that-- this is what happens in the market?

Iran holds 10% of world oil
If we are going into major recession (rubini et al)--then reduction of 10% of oil can be less than the reduction in world DEMAND!
It is possible
At any rate-- market does not work the WYSIWYG pradigm/

UK Malc 13:11 GMT February 3, 2012
Wait for a reaction and then decide. Keep an eye on equities.

hk ab 13:10 GMT February 3, 2012 Reply   
1743 is the line of defence for a "real" correction.

If this can be guarded, upside steam will go to 1790......

London Bill 13:09 GMT February 3, 2012
146K

Melbourne saint 13:05 GMT February 3, 2012 Reply   
Enough the political BS
Any thoughts on NFP?
saint

HK RF@ 13:05 GMT February 3, 2012 Reply   
See what happens in Egypt.

I changed my mind about this miraculous trumpet.

Boston eFX 13:05 GMT February 3, 2012 Reply   
(Dow Jones via eFXnews) Morgan Stanley tightens its AUD/USD stop, to lock in profit as the pair continues to grind higher.

Morgan Stanley targets 1.0890, having entered at 1.0560 with stops at........

Morgan Stanley Tightens AUD/USD Stop

hk ab 13:05 GMT February 3, 2012 Reply   
holding 1759, 1762, shorts......

was really sweating few hours ago.

But has a gut feeling that today might be those whipsaw day, finally that we need! few months ago, gold day movement is $60.... not boring at all.

Haifa ac 13:04 GMT February 3, 2012
The Iranian economy is crumbling
The Rial has dropped from 1650 rial/$ in 2002 to almost 20,000 rial/$ in the last few days.
There is serious danger of run on the banks and on gold.
They are faking it-- by that can last so long....

TEL AVIV RT 13:02 GMT February 3, 2012
war in Iran and no rise in oil prices, very original conclusion taking method. your sarcasm about our Chinese "friends" was not right, it is not smart Jew (Einstein) letting Chinese to build but the well famous greedy (safra, ofer, soros, Rothschild, abutbul, buzaglo) Jew.

HK RF@ 12:58 GMT February 3, 2012
Retaliation can take many forms, the last I believe is holding export of oil by Iran.

They need the money very much.

msa nsm 12:54 GMT February 3, 2012
demand exceeding supply?????

msa nsm 12:52 GMT February 3, 2012
think its more logic for a 'businessman' to hold onto his goods (hoard) when prices are on the rise which translates to more profit than release the goods and see the prices fall or steady with same price or even less??????

Haifa ac 12:48 GMT February 3, 2012
The dog is barking out of fear . He also predicts that Israel will be wiped off the face of the map.
Price of oil will NOT rise. Saudia will replenish all Iranian deficit!

Gulf states pray for the destruction of IRAN!

msa nsm 12:42 GMT February 3, 2012
Buy Crude
Entry: Target: Stop:

KB i think oil will give me a reason to trade it live not demo ;-) a head and shoulder inverted has taken shape on weekly, a breakout will prove most rewarding, what do you think?

Minsk sm 12:35 GMT February 3, 2012 Reply   
Friday with less than 100 points range

Dubai SAS 12:26 GMT February 3, 2012
Dubai SAS 15:19 GMT February 1, 2012
Buy USDCAD
Entry: 9967 Target: Open Stop: 9870

Long now ...

out of half of this @ 1.0020 for + 53

HK RF@ 12:16 GMT February 3, 2012 Reply   
TEHRAN - Fri Feb 3, 2012 6:12am EST

TEHRAN (Reuters) - Iran's Supreme Leader Ayatollah Ali Khamenei said on Friday Iran would retaliate over Western-backed oil sanctions and any threat of attack, after U.S. Defense Secretary Leon Panetta was cited as saying he feared a possible Israeli strike as early as April.

Khamenei's defiant speech to mark the anniversary of the 1979 Islamic Revolution was the first direct response to tighter sanctions imposed by the West in recent weeks to force Tehran to abandon a nuclear program it says has purely peaceful ends.

"Threatening Iran and attacking Iran will harm America ... Sanctions will not have any impact on our determination to continue our nuclear course ... In response to threats of oil embargo and war, we have our own threats to impose at the right time," Khamenei told worshippers in a speech broadcast live on state television.

GVI Forex john 12:05 GMT February 3, 2012


Lackluster Canadian Jobs data...

GVI Forex Jay 12:05 GMT February 3, 2012 Reply   
For those who did not get my email, click on the following link to see our monthly newsletter. The article about Trading the News is tmely ahead of the US jobs report.


Thoughts From the Forex Trenches

GVI Forex john 12:00 GMT February 3, 2012

GVI Forex Blog 11:46 GMT February 3, 2012 Reply   
The dollar hovered near three-month lows versus the yen on Friday, with the risk of a move towards record lows mounting before U.S. jobs data, keeping alive the threat of official intervention

FOREX NEWS - Yen intervention risk builds before US jobs data

GVI Forex john 11:45 GMT February 3, 2012
many more chart points

Refresh Forum MANUALLY to update table

GVI Forex Jay 11:41 GMT February 3, 2012 Reply   
11:30 GMT (Global-View.com) Feb 3 – Peeks of sun and clouds today as the eurusd is a touch firmer ahead of the US jobs report but still below 1.32, support coming out of its crosses. One reason may be defensive trading for the 3rd pre-weekend in a row to guard against a Greek debt agreement although this one seems closer at hand.

Forex Weathermap - EURUSD

GVI Forex john 11:31 GMT February 3, 2012
As of Thursday closes...
many more chart points

Refresh Forum Manually to Update Table.

About Moving Averages About Bollinger Bands

GVI Forex 11:16 GMT February 3, 2012 Reply   
Better European Services PMI data coupled with continued optimism that a Greek bailout deal would occur soon boosted risk appetite in the session. Price action was light ahead of the key US non-farm payroll data but the session saw a softer USD and an easing in the peripheral bond yields.

TradeTheNews.com European Market Update: Better major European PMI Services data continues to aid risk appetite; US non-farm payroll data in focus for any additional momentum

Boston eFX 11:09 GMT February 3, 2012 Reply   
(Dow Jones via eFXnews) JEUR/USD still a sell, saysa Kit Juckes at Societe Generale .

USD's slide against the higher yielders is also "likely to stall for a while."

Juckes recommends a stop at......

EUR/USD Still A Sell -Kit Juckes at SG (full story)

Mumbai Muku 10:53 GMT February 3, 2012
Most of the action is in euro crosses. Road your coin.

Ina JHZ 10:50 GMT February 3, 2012
HK li.. toss a coin, head or tails = buy or sell.. LOL

Syd 10:41 GMT February 3, 2012 Reply   
AUD/USD is heading for 1.08, says Barclays Capital, and then the 1.0910 area. The bank says a close tonight above 1.0638 will complete a seventh consecutive up week for the spot, and this will keep the focus on the top side.

Haifa ac 10:40 GMT February 3, 2012
Jerusalem RT CHOKE 10

Verrrrry interrrresting.

GVI Forex john 10:40 GMT February 3, 2012 Reply   
Forex Trading Tools Index

Refresh Forum MANUALLY to update table

GVI Forex Blog 10:23 GMT February 3, 2012 Reply   
10:30 GMT (Global-View.com) February 3- The Global-View.com D.O.G. (Dollar, Oil, Gold) investor purchasing power index is opening Friday in North America at .5143, -0.13% from its Thursday close (-4.40% vs. end-2010).

Global-View D.O.G. Index February 3, 2012 U.S. Open

UK Malc 10:23 GMT February 3, 2012
Someone likes the EUR today. Maybe anticipating Greek deal after the weekend.

GVI Forex john 10:22 GMT February 3, 2012 Reply   
10:30 GMT (Global-View.com) February 3- The Global-View.com D.O.G. (Dollar, Oil, Gold) investor purchasing power index is opening Friday in North America at .5143, -0.13% from its Thursday close (-4.40% vs. end-2010).

As for its key subcomponents, the USD forex purchasing power index is .7658, +0.01% (-1.60% vs. end-2010). The forex index is value is calculated against the top six trading currencies.

Against gold, the USD purchasing power index is worth .1636, -0.23% (-19.35% ytd).

Against crude, it is at 0.4614, =0.71% (-5.39% end-2010). The D.O.G. Index base is 1.00. It is measured against levels from the start of 1999, as of the initial launch of the euro (currency).

HK li 10:17 GMT February 3, 2012
Anyone have a plan for nfp trade?

Ina JHZ 10:13 GMT February 3, 2012
thanks KL.. i wanna bet something before NFP.. buy or sell??

Budapest milush 10:08 GMT February 3, 2012 Reply   

belly up !

GVI Forex john 10:06 GMT February 3, 2012

• Key Items: US/CA- Employment, US- Service PMI Productivity.

• January jobs growth data are forecasted to be tepid when they are released later Canadian employment data are due as well. Thursday saw Weekly Jobless Claims continue to improve. These data will have to be supplemented by an improvement in job creation to sustain an economic recovery. 

• Congressional Budget Committee testimony by Fed Chairman Bernanke Thursday broke no new ground. The Fed policy bias remains dovish.

• A Greek bailout deal is now expected on Monday. Peripheral  bond yields have been easing. 

• End of fiscal year Japanese life insurance investment adjustment activity coming into focus? 

GVI Forex john 10:05 GMT February 3, 2012
EZ retail Sales figures are not as weak as they first appear. The prior month's data were revised stronger.

User 10:04 GMT February 3, 2012 Reply   

My Own Made Trading System

GVI Forex john 10:00 GMT February 3, 2012

Haifa ac 09:55 GMT February 3, 2012
"I read that Chinese workers built a tunnel under mount Carmel"

Let me tell you RF
They built it so fast and so efficient that now the cliche in Israel== If you want it built-- CALL THE CHINESE!!!

JERUSALEM KB 09:54 GMT February 3, 2012
thank KB, greatly appreciate. not trading at the moment live rather demo to sharpen my strategy. gl
=========
you are welcome my friend

msa nsm 09:49 GMT February 3, 2012
thank KB, greatly appreciate. not trading at the moment live rather demo to sharpen my strategy. gl

JERUSALEM KB 09:45 GMT February 3, 2012


Hi KB, just a mere observation, how would you trade e/j, currently teasing 1hr rsi and confluence at 38.2 fib and trend resistant at current market price, would you wait for a breakout or go short at market? thanks gl
=======
the main idea is to wait for a ress. breakout to go with the market against 99.60 for 101.20 but if you long gbpjpy it better to hold it and leave eurjpy now.

GVI Forex Blog 09:39 GMT February 3, 2012 Reply   
Key Items: US/CA- Employment, US- Service PMI Productivity. January jobs growth data are forecasted to be tepid when they are released later Canadian employment data are due as well. Thursday saw Weekly Jobless Claims continue to improve. These data will have to be supplemented by an improvement in job creation to sustain an economic recovery.

Forex Trade Talk 11:00 GMT 10 February 2012

GVI Forex john 09:33 GMT February 3, 2012


Surprise. UK Services PMI Much stronger than expected...

GVI Forex john 09:28 GMT February 3, 2012

tsim sha tsui Wang 09:20 GMT February 3, 2012
is there enough momentum for gold to go above 1800 before low 1730's

Central Kwun 09:18 GMT February 3, 2012 Reply   
what the xxxx with the Gold again, monthly MACD is turning north! Change to bullish and target 1800?

AMS T 09:11 GMT February 3, 2012 Reply   


Buy EURUSD
Entry: Target: Stop:

bullish above 1.3129

HK RF@ 09:04 GMT February 3, 2012 Reply   
But needs few hours more.

GVI Forex john 09:03 GMT February 3, 2012


Final reading in line with flash estimate. Barely in expansion area...

GVI Forex john 08:58 GMT February 3, 2012 Reply   

HK RF@ 08:45 GMT February 3, 2012
Haifa ac 08:35 GMT

I read that Chinese workers built a tunnel under mount Carmel.
Have you already transferred your mattress into that tunnel?

Haifa ac 08:35 GMT February 3, 2012
Benny Benny Yeled Ra
Ani Ohevet otto kol kach Norah/

Syd 08:34 GMT February 3, 2012 Reply   
Kirya B. Gentz thanks for that :-)) nice to have a date

Kirya B. Gentz 08:28 GMT February 3, 2012

7th February 2012 @ 3:30 PM Iran time zone

haifa ac 08:16 GMT February 3, 2012
SYD

"ISRAEL could attack Iran this spring in"


without EXACT DAY AND HOUR-- this information is useless.

Saar KaL 07:25 GMT February 3, 2012 Reply   
Getting these signals for today;
For Entry Use Std High and Std Low
Pair-------- Rec'd ______ Std E High std E Low 3 day Exp 7 days Exp
EUR/USD Buy ______ 1.3221 1.3066 1.3304 1.3656


USD/JPY ______ 76.3907 75.8978 76.4255 76.0115


USD/CHF Sell ______ 0.9218 0.9105 0.9043 0.8778


GBP/USD Buy ______ 1.5874 1.5738 1.5902 1.6241


USD/CAD Sell ______ 1.0044 0.9937 0.9949 0.9825


EUR/GBP ______ 0.8348 0.8283 0.8366 0.8411


EUR/JPY Buy ______ 100.6946 99.5365 101.6924 103.8647


EUR/CHF ______ 1.2087 1.2018 1.2043 1.203


AUD/USD Buy ______ 1.0789 1.0632 1.0740 1.0927


GBP/JPY Buy ______ 120.9039 119.7823 121.5200 123.4712


CHF/JPY Buy ______ 83.5976 82.5961 84.4257 86.294


GBP/CHF ______ 1.4559 1.4429 1.4385 1.4286


NZD/USD Buy ______ 0.8394 0.8273 0.8340 0.8501


Silver Buy ______ 34.94 33.54 34.55 36.37


Gold ______ 1,777 1,740 1,755 1,797


DJI Buy ______ 12,846 12,612 12,725 12,744


SP ______ 1,342 1,315 1,324 1,324

GVI Forex Blog 07:05 GMT February 3, 2012 Reply   
(CN) CHINA JAN NON-MANUFACTURING PMI: 52.9 V 56.0 PRIOR >- (CN) CHINA DEC INDUSTRIAL PROFITS YTD Y/Y: 25.4% V 24.4% PRIOR - (CN) CHINA JAN HSBC SERVICES PMI: 52.5 V 52.5 PRIOR - (HK) HONG KONG J

TradeTheNews.com Asian Market Update: Markets await US payrolls and outcome in Greece

Syd 06:58 GMT February 3, 2012 Reply   
An unprecedented outflow of New Zealand citizens last year for jobs and better pay in Australia is leaving the nation’s earthquake-hobbled economy vulnerable to a labor shortage during rebuilding.

“There’s no real reason to stay in New Zealand if prospects are better elsewhere,” said Annette Beacher, head of Asia-Pacific research at TD Securities Inc. in Singapore. “If you are out of a job waiting for Christchurch to be rebuilt, you could go broke waiting.”

Syd 06:51 GMT February 3, 2012 Reply   
The euro-area crisis is forcing many of the European Union’s long-running political disputes to the surface at the same time. As they wrestle to save the currency, Europe’s leaders -- above all Britain’s David Cameron, France’s Nicolas Sarkozy and Germany’s Angela Merkel -- need to make sure they don’t dismantle the union in the process.

blooms

Syd 06:50 GMT February 3, 2012 Reply   
With the break-up of the Euro still a distinct possibility according to economists and companies, we take a look at what new currencies such as a new Greek drachma and Portugese escudo would be worth in a post-Euro europe.
ING sees an immediate fall in currencies in 2012, which is shown in the red bars before a recovery by 2016 but without a return to the 2011 levels, except for Germany.

old article this

msa nsm 05:38 GMT February 3, 2012
Hi KB, just a mere observation, how would you trade e/j, currently teasing 1hr rsi and confluence at 38.2 fib and trend resistant at current market price, would you wait for a breakout or go short at market? thanks gl

Boston eFX 05:26 GMT February 3, 2012 Reply   
(Dow Jones via eFXnews) Gold prices will continue to rise in the near term before meeting resistance around $1,800 a troy ounce, a Hong Kong-based analyst says.

She notes that newsflow remains positive for the yellow metal, especially since the Fed's pledge last month to keep interest rates low through the end of 2014.

In the next few weeks gold will .....

Gold To Rise N/T; Resistance At $1,800/Oz - Analyst (full story)

KL KL 05:23 GMT February 3, 2012
Ina JHZ

Right now..this moment...I am waiting for 1758...and cover near 1756....today so long to wait to get above 1759 or under 1755....so this is my best range play.....long and short...if I am wrong I keep adding with money management employed.....

wow caught one 1757.95....covered 1756.6....100 pips in a less than 1 minute is good....now wait for 1756.....???btw they never give you round figure anymore...so entry always now a few pips under/above.....fact is all waiting for NFP....hope to square up and not be part of the chop....still have 8 hours ..... room to trade....in 4 hours time I shut shop and sleep and wake to battle the Titans of Europe and USA investment house....LOL

Ina JHZ 03:58 GMT February 3, 2012
Ina JHZ 16:10 GMT February 2, 2012
" Trade Ideas " : Reply
small short on gold 1760.50.. will add more @1765 if seen.. open target, hoping for miracle tomorrow NFP lol

closed n SAR @1755.5

closed @ 1758 earlier, now waiting for clues.. any thoughts AB n KL??

gbp long got stopped 1.5790 for -30pips

Syd 03:44 GMT February 3, 2012 Reply   


ISRAEL could attack Iran this spring in a bid to stop Tehran from producing a nuclear weapon, an unnamed defence official has told CNN.

LINK

Open 03:22 GMT February 3, 2012 Reply   

EUR/USD Daily Asia Outlook 02/03

Open 03:21 GMT February 3, 2012 Reply   

GBP/USD Daily Asia Outlook 02/03

Open 03:21 GMT February 3, 2012 Reply   

USD/CAD Daily Asia Outlook 02/03

Open 03:21 GMT February 3, 2012 Reply   

USD/CHF Daily Asia Outlook 02/03

Indo jak 02:56 GMT February 3, 2012 Reply   
Sell GBPUSD
Entry: 1.5814/25 Target: 1.5682 Stop: 1.5867

Sold

KL KL 02:28 GMT February 3, 2012
Boston eFX

That's really bullish and depends on China/India and the commodities complex..... On the Aussie front...the deficit is building, the mortgage stress is also building, retail failing, jobs slashing....so called model economy.....but compared to the rest of the world its has the best deposit interest rates.

Not sure how much the banks have borrowed from overseas and their funding/hedging cost.....including from Japan. All it takes is for all worst case scenerio to align and this Aussie Dollar can Crash 1000+ pips in one day like that day in November 2008 and visit under 75 cents. I remember cos I was there shorting and buying....been a good hunting ground to short for me. Then we have to content to the Forex losses...which i cannot even phantom to imagine.....by then lets hope House prices in Australia fall 35-50% from the now giddying levels....property spruikers calling it healthy correction....in spite of having the worlds best Finance minister.

Wonder what would happen to USA, Europe, China property ??

Take it with a grain of salt the current Australia Labor Run economy....it will be like England property repeated....and that is my rant and opinion today....LOL

Boston eFX 02:06 GMT February 3, 2012 Reply   
(Dow Jones via eFXnews) Citi analysts say the Australian dollar could strengthen to $1.20 -- or beyond -- from today's $1.071. Futures markets currently price in a 1-in-5 chance of AUD/USD hitting 1.20, Citi says, and a 1-in-10 chance of a move to 1.25 during the latest cyclical moves.

"We think the probability of a move into this range is higher than market pricing suggests, so we favor taking advantage of spot dips and the decline in implied volatility to enter longs," they write in a note.

In the Aussie's favor is a ......

AUD/USD Could Shoot To 1.20 Or Beyond, Says Citi (full story)

KL KL 01:57 GMT February 3, 2012
ab

SAR and long gold here 1756.....cover when 80-250 pips seen.

Nice trading gold at these levels....hard to get trapped when short or long...just some money management. The only fear with long now is the fear of those quick stop hunt......I am sure the stops under 1750 to 1700 will make more money than 1760-1800....a battle of wills....pity those who take a wrong position at each extreme levels. Need to watch like hawk.....like watching BOJ......

covering 2/3 here 1756.75... no need to be greedy rest on 10 pips profit...can always buy lower. If it goes too high I will short like above 1559....hope to do this 50 pips 20-30 times today.....but you will not see me post on every entry.....otherwise I get scolded + I have to stay focus....now Lunch time so can chit chat a bit.

Indo jak 01:36 GMT February 3, 2012
yes, my tp for today 1.3024/1.3006

la la 01:31 GMT February 3, 2012
jak are you short?

Syd 01:25 GMT February 3, 2012 Reply   
Morgan Stanley Cuts EUR’s 2012 Forecast to $1.15 From $1.20

Indo jak 01:23 GMT February 3, 2012 Reply   
Rang
1.3024 # 1.3196

jkt-aye 01:15 GMT February 3, 2012
jkt-aye 14:38 GMT February 2, 2012
after lunch they driving south ?

jkt-aye 14:22 GMT February 2, 2012
EURUSD
1.3165 before another diving ?

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how low can it go ? ...... cheers

Chicago DV 01:14 GMT February 3, 2012 Reply   
Risk off Friday unless nfp surprises on upside.

hk ab 00:51 GMT February 3, 2012
KL, they kiss you and then say gd bye again.......

suddenly, people feel 1600 distant memory.......

Just like how they felt 1800 as distant memory not many moons ago......

BOJ steps are at next door... all pairs are getting ready for the distortion.