Forex Forum Archive for 04/06/2004

Sydney2 23:51 GMT April 6, 2004 Reply   
Any one shorted $/yen?

LAX-LGB SNP 23:46 GMT April 6, 2004 Reply   
fxq - did ya end up buying the notebook/laptop after all ?
i was reading this mag called mobilepc and it had a lot of comparison testing reviews based on software, gaming and battery life

dc fxq 23:43 GMT April 6, 2004 Reply   
Essentially the same thing GVI John referred to earlier on Fox News in the US. They had indicated 12 US Marines and 100+ Iraqui irregulars KIA/

Shg 23:34 GMT April 6, 2004 Reply   
HEAVY FIGHTING IN IRAQ
http://www.sky.com/skynews/article/0,,30000-13047720,00.html

A large number of soldiers have been killed in fierce fighting in Iraq, according to unconfirmed reports.


Some reports have put the toll as high as 130 but others have put the death toll at 12 with 20 wounded.

The large scale battle, described as "intense", has taken place in the town of Ar Ramadi, 20 miles west of Fallujah.

Sky News' David Chater said: "None of this is official yet - none of it is confirmed."

But he added: "It sounds very much like this is being carried out by men who are militarily trained."

Brisbane Jeb 23:34 GMT April 6, 2004 Reply   
RBA rates to stay at 5.25% Bloomburg

london 23:33 GMT April 6, 2004 Reply   
Thanks guys

clon glenn 23:32 GMT April 6, 2004 Reply   
thanks John

LAX-LGB SNP 23:31 GMT April 6, 2004 Reply   
london 23:17 GMT April 6, 2004
foxnews(owned by Murdoch too), cnn and msnbc report a dozen killed and 20 wounded

GVI john 23:30 GMT April 6, 2004 Reply   
RBA unch

clon glenn 23:23 GMT April 6, 2004 Reply   
london

same stories from various sources.....agree about Murdoch but Sky News had best coverage of Iraq war to date and Chater is an excellent journalist who's been there since it kicked off

dc fxq 23:22 GMT April 6, 2004 Reply   
I would not take it too literally as those were the TOTAL causuality numbers being tossed about this evening on US networks. Murdoch sometmies "stretches" facts.

brisbane sunstate 23:22 GMT April 6, 2004 Reply   
0.00-6.00 gmt sorry

brisbane sunstate 23:21 GMT April 6, 2004 Reply   
Los Angeles sls 23:12
Australian market 10.00am-4.00 pm local time 0.00-4.00 gmt

london 23:17 GMT April 6, 2004 Reply   
link Anyone else hearing same? Not sure how credible Murdochs skynews is.

Los Angeles sls 23:12 GMT April 6, 2004 Reply   
What time do the Japan and Austrialian stock markets open and close, GMT?

Gold Coast martin 23:12 GMT April 6, 2004 Reply   
LDN...in my trading model i have factored in terrorism and iraq under the Geo-political banner ..just to keep it simple....good trades...

Ldn 23:09 GMT April 6, 2004 Reply   
Gold Coast martin Iraq and terrorist Clouding the view for now

Ldn 23:09 GMT April 6, 2004 Reply   
Gold Coast martin Iraq and terrorist Clouding the view for now

Gold Coast martin 23:05 GMT April 6, 2004 Reply   
LDN....the best timespan i have been able to extract out of my research is that aussie will drop to 7250 within 13 trading sessions...i posted this on saturday...the way technicals and geo-politicals are at the moment an exact time of the drop of the aussie is very hard to predict....g/l g/t

Van jv 23:02 GMT April 6, 2004 Reply   
The Anglo-Saxon Debt Miracle/Morgan Stanley/

Australia, Britain and the United States have substantially outperformed other developed economies in the past five years. The vaunted Anglo-Saxon flexibility has been cited as the major cause of the better performance of these economies. A better explanation, in my opinion, is debt. Household debt in Anglo-Saxon economies has risen much faster than elsewhere, or compared to their history. Australia’s household debt-to-GDP ratio rose by 39 percentage points between 1998–2003, Britain’s by 19 points and the US’s by 16.

Exhibit 1

The Leverage Game (% of GDP)

US UK Australia Euro-Zone Japan



Household Debt

1988 57.9 66.6 36.8 59.7

1993 62.2 74.8 42.9 63.3

1998 67.1 72.5 61.2 41.7 65.1

2003 83.5 91.8 100.3 48.3 67.3

Current Account

1988 -2.3 -4.1 -3.0 2.7

1993 -1.2 -1.8 -2.7 3.0

1998 -2.3 -0.5 -4.5 3.0

2003 -4.8 -1.7 -6.3 0.4 3.2

Real GDP Growth between 1998-2003 (%)

11.5 11.3 20.9 11.1 5.7



Source: ECB, RBA, Bank of England, the Fed, CEIC and Morgan Stanley

Ldn 23:01 GMT April 6, 2004 Reply   
Gold Coast martin Aussie Dollar may dip initially however think coming into the weekend with Iraq problems Aussie may be used as cover - cant see people going into Easter Weekend Long USD with Civil War Calls .. But still see 7250 further out as you say.

Gold Coast martin 22:53 GMT April 6, 2004 Reply   
LDN....in view of buing flows before the RBA rate announcement,do you think the dollar will be affected greatly if there is an no change announcement?TIA

Ldn 22:46 GMT April 6, 2004 Reply   
AUD/USD: Large Buying Flow Supports Ahead Of RBA Announcement

Ldn 22:38 GMT April 6, 2004 Reply   
Euro Rises Against Dollar as ECB Appointee Suggests Rates Are Low Enough
http://www.bloomberg.com/news/markets/currencies.html

port jeff ny amc 22:38 GMT April 6, 2004 Reply   
just shorted 1.5610...........looking for 1.5565.....any feedback?

Shg 22:34 GMT April 6, 2004 Reply   
Escalation In Iraq Battles Hurts the USD
IFR

hk ab nzd 0.6 22:22 GMT April 6, 2004 Reply   
citibank hk suggest sell at 1.2150...

I tried to put a limit 1.2145 but in vain....

need to wait the japs move it around first.

brisbane sunstate 22:17 GMT April 6, 2004 Reply   
Wiltshire UK Norm 22:08
yes
http://www.wachovia.com/

hk ab nzd 0.6 22:15 GMT April 6, 2004 Reply   
cad move is totally driven by cross....

Wiltshire UK Norm 22:08 GMT April 6, 2004 Reply   
any one heard of the Wachovia Bank Miami?

Wellington am 22:08 GMT April 6, 2004 Reply   
I'll never forget migrating to aus. as a pom, and having to swear my allegance to the Queen in order to become a citizen.

brisbane sunstate 22:03 GMT April 6, 2004 Reply   
Wellington am 21:53
With Elizabeth II picture on all aus coins it is not hard to see how some might think is royal bank of australia LOL
GT

brisbane sunstate 21:55 GMT April 6, 2004 Reply   
Porto Azarento 21:52
1hr 35min
gl

Wellington am 21:53 GMT April 6, 2004 Reply   
reserve bank of Australia

Porto Azarento 21:52 GMT April 6, 2004 Reply   
ok. thanks. more two hours and half waiting...

brisbane sunstate 21:50 GMT April 6, 2004 Reply   
Porto Azarento 21:47
RBA Decision Announced 11.30gmt 9.30 aus local time

Porto Azarento 21:47 GMT April 6, 2004 Reply   
the royal bank of australia...mantain ?
i want to tell in english but i dont know i to do it.
a noticia se vai descer ou manter a taxa já saiu? e qual foi?

Brisbane 21:47 GMT April 6, 2004 Reply   
Porto Azarento
CNBC earlier this week quoted some that people are now becoming complacent there will be no rate rise and will start pushing prices up - RBA main worry.

Shg 21:42 GMT April 6, 2004 Reply   
NBC News, meanwhile, is reporting that 12 Marines have been killed and 20 were wounded in the battle.
CNN reported that the heavily armed Iraqi fighters tried to occupy a government building in Ar Ramadi.
CNN also reported U.S. sources said the Iraqi fighters suffered heavy casualties.

vancouver jpb 21:41 GMT April 6, 2004 Reply   
WOW.... another exciting bout of market action in the AUD

Porto Azarento 21:37 GMT April 6, 2004 Reply   
rba cut?

Shg 21:30 GMT April 6, 2004 Reply   
AUD*0.7675(lge).Tokyo cut

Shg 21:27 GMT April 6, 2004 Reply   
WHITE HOUSE WATCH: Fighting Escalates Across Iraq

GVI john 21:25 GMT April 6, 2004 Reply   
This report is posted twice daily on GVI. For information on how you can access GVI, contact jay@global-view.com
STRATEGY SESSION —Far East Open
eur/$ 1.2110…$/yen 105.85
DJIA 10,571, +12 pts…NASDAQ 2,060, -19 pts
10-yr 4.15%, -6 bp’s

PERSONAL OPINIONS:
See GVI for text...

Shg 21:13 GMT April 6, 2004 Reply   
Focus is on the RBA but the market is
largely expecting rates to remain steady and having little impact on AUD.
However, a surprise rate rise is seen taking the AUD higher to 0.7660/70. Dips
to 0.7570/80 are expected to attract fresh buying with attention also on the
Japanese fix on Wednesday and the possibility of more asset flows to AUD.
IFR

Shg 20:57 GMT April 6, 2004 Reply   
Iraqi Doctor: 26 Iraqis Killed, 30 Hurt In Fallujah reuters

KNOXVILLE TN. Dan-k 20:53 GMT April 6, 2004 Reply   
im pickin pips out of it both ways right now
nothing much got the long to 30 and short back to here so im ok flat for now

pt.jr 20:49 GMT April 6, 2004 Reply   
KNOXVILLE TN........what is target on euro..tx

Nassau QF 20:47 GMT April 6, 2004 Reply   
Invalid insert?

Shg 20:44 GMT April 6, 2004 Reply   
RBA rate decision 9.30 AEST

Nassau QF 20:35 GMT April 6, 2004 Reply   
Porto Azarento 20:23

Reserve Bank of Australia Decision (cash rate)
5:30pm EST according to Forex News.
Expected to be unchanged.

About an hour away.

KNOXVILLE TN. Dan-k 20:34 GMT April 6, 2004 Reply   
break up on eur usd

GVI john 20:34 GMT April 6, 2004 Reply   
I believe the RBA decision is at 23:30 GMT

Houston ST 20:34 GMT April 6, 2004 Reply   
Porto, it was my understanding the the RBA would announce their rate decision at 1:30 GMT. You might want to double check that. GL & GT.

Porto Azarento 20:23 GMT April 6, 2004 Reply   
one hour and seven minutes to know royal bank of australia decision?
am i correct?
thanks

Global-View 20:23 GMT April 6, 2004 Reply   
LAX (and others). Our programmers are working on the site and any difficulty posting should be temporary.

or 20:11 GMT April 6, 2004 Reply   
Knoxville a eur/usd close above 1.2050 would definately bring us to neutral territory. If we close above 1.2080 in my opinion its something for dollars bears to get a wee bit excited about. Nothing huge but I think eur/usd is consolidating here on target for 1.25 by months end. Buy on dips after we close is my advice. Good luck.

LAX-LGB SNP 20:10 GMT April 6, 2004 Reply   
haha ... i must have been partially banned or somethin

anyone get that message or is it just me ?

Invalid Insert. Contact Tech support at support@blue105.com

KNOXVILLE TN. Dan-k 19:13 GMT April 6, 2004 Reply   
maby the hook here

KNOXVILLE TN. Dan-k 18:52 GMT April 6, 2004 Reply   
well dow finally went pos a touch, maby euro will fall short any opnions

KNOXVILLE TN. Dan-k 18:52 GMT April 6, 2004 Reply   
well dow finally went pos a touch, maby euro will fall short any opnions

Dallas GEP 18:44 GMT April 6, 2004 Reply   
195.40 KL is ggod short gbp/jpy BUT you need 100 pip stops most of the time on GBP/JPY

Tor Pumpkin 18:44 GMT April 6, 2004 Reply   
test

Dallas GEP 18:43 GMT April 6, 2004 Reply   
test

KNOXVILLE TN. Dan-k 18:40 GMT April 6, 2004 Reply   
dow looking to go pos

KNOXVILLE TN. Dan-k 18:39 GMT April 6, 2004 Reply   
dow -1.93

Van jv 18:39 GMT April 6, 2004 Reply   
Quito Valdez///Can you kindly repeat your link <....> directves , using word LINK on Help F., seems your orig. gone , thanks

KNOXVILLE TN. Dan-k 18:35 GMT April 6, 2004 Reply   
da#$$# euro putting me to sleep

prague viktor 18:33 GMT April 6, 2004 Reply   
Quito Valdez:Amigo the 1,22-1,225 I think its the top for now.

Dallas GEP 18:31 GMT April 6, 2004 Reply   
ML, QUICKLY please, chaeck your email.

Thnaks

F.C.Porto Azarento 18:31 GMT April 6, 2004 Reply   
sell aud/usd 0.7618 stop profit 0.7560

Quito Valdez 18:28 GMT April 6, 2004 Reply   
By by charts and my friends on chat, Eur/usd bounce back should (crystal ball working?) range trade levelish rest of today and tonight, bouncing back tomorrow AM to 1.23. I will take full responsibity for my words paying any losses in sweet ripe Ecuadorian bananas. (lie factor of 10 on last statement!)

prague viktor 18:26 GMT April 6, 2004 Reply   
Raden do u mean ther will be an USD sell fever befor the week end.

vancouver jpb 18:26 GMT April 6, 2004 Reply   
Raden, what do you think of the cable resistance over the last couple of hours with the 1.8405 range.

Chance for a break out or not?

vancouver jpb 18:22 GMT April 6, 2004 Reply   
Raden.... Hope your right about the Euro bounce back.

Indonesia Solo raden_masandi 18:17 GMT April 6, 2004 Reply   
my time range emotion indicator say for eur/usd in 40 hours ideal will get .12225,
start from now until maximal 40 hours.

bloemfontein 18:15 GMT April 6, 2004 Reply   
Does anybody know of a site where I(smallest fish in the pond!) can see where banks make their bids and asks for the different currencies?

prague viktor 18:13 GMT April 6, 2004 Reply   
Raden how do u see the eur/yenthx

KNOXVILLE TN. Dan-k 18:11 GMT April 6, 2004 Reply   
the dow is getting close to going positive

Indonesia Solo raden_masandi 18:09 GMT April 6, 2004 Reply   
Swiss DG 17:42 GMT April 6, 2004
yes...up
1.2225

ham cla 18:05 GMT April 6, 2004 Reply   
oups "censored" keyboard :)

ham cla 18:04 GMT April 6, 2004 Reply   
german is bids at 1,5610-15 in eur/chf, semms like he has interest all the way down

LONDON savage 18:01 GMT April 6, 2004 Reply   
entered order to short eurusd @ 1.2090

LTN th 17:48 GMT April 6, 2004 Reply   
Click Here for insight into YEN.

KNOXVILLE TN. Dan-k 17:47 GMT April 6, 2004 Reply   
u think?

Swiss DG 17:42 GMT April 6, 2004 Reply   
Hi Raden,
What do you mean? Will get 1.2085 before going long to 1.21xx? tia

bloemfontein 17:37 GMT April 6, 2004 Reply   
"cerete juan david 17:28 GMT April 6, 2004
IT IS NOT TIME TO SHORT GBP/USD OR EUR/USD"

why?

Indonesia Solo raden_masandi 17:33 GMT April 6, 2004 Reply   
1.2085 eur/usd

cerete juan david 17:28 GMT April 6, 2004 Reply   
IT IS NOT TIME TO SHORT GBP/USD OR EUR/USD.

Indonesia Solo raden_masandi 17:27 GMT April 6, 2004 Reply   
hello..
gbp/usd is on the time range sell for 75 minutes from now..

usa tom 17:11 GMT April 6, 2004 Reply   
seems like euro wants to test the 1st fib at 1.2135 within the next hour or so.

Quito Valdez 17:09 GMT April 6, 2004 Reply   
Toronto// Thanx.

Growen..follow those words U see here posted 4 U. Only meant to help you protect your assets for future trading. Keep to a dull roar 4 now. We all want to hear about you someday kicking butt and takin' names and flat tearing this mkt up. "There's plenty time for countin' when the dealin's done." song: Gambler

Chicago Irish 17:02 GMT April 6, 2004 Reply   
Or "Drown'en"

LA ARTOFYEN 17:00 GMT April 6, 2004 Reply   
Looks like you got a little "Growen" up to do!

Dublin Flip 16:57 GMT April 6, 2004 Reply   
Growen - don't take this the wrong way but don't you think you are a little out of your depth????
I'd recommend a bit of paper trading and some general research for a few months before you dip your toe. Even then you shoud start on absolutely crap amounts for a long time. As last friday shows at anytime in this business the market can move 100 or even 300 pips on news/events etc. You need to have a stop loss in place and a trade plan BEFORE you enter your position.
Obviously there are some (including yours truly) that run pretty rubbery stops but that is actually still part of a trade plan but from a much medium to longer term perspective. Even if one wants to trade a longer term they need to learn how a market works and that means how to job, trade short term and most importantly how to take a loss.
Good luck and good reading.

Toronto Silverfox 16:48 GMT April 6, 2004 Reply   
Quito ebs electronic broking system. Interbank broking
system which has replaced voice brokers. Only on spot
tranactions.

port jeff ny amc 16:48 GMT April 6, 2004 Reply   
anyone looking to short here on eur/usd and gbp/usd? feedback always welcome

ithaca sjm 16:45 GMT April 6, 2004 Reply   
sell $/cad 1.3085 s/l 1.3125 done until Weds. keep ur powder dry

Quito Valdez 16:44 GMT April 6, 2004 Reply   
Growen...I learned it in stocks and I'm learning it FAST in FX, go for pips first til you are good, then go gradually for $$. If you have pips the $$ will follow. And if you don't know your platform, learn it. Las Vegas and FX can be = or much more profitable..depending on your learning skills. $$ come from learning.

Tallinn viies 16:40 GMT April 6, 2004 Reply   
toronto - right now things develop that way...

KL KL 16:40 GMT April 6, 2004 Reply   
Anywhere Master - that is today only lol.....i.e next 6 hours...things may change in the next 12 hours.... I am waiting to short...waiting...waiting

Tallinn viies 16:40 GMT April 6, 2004 Reply   
uk growen 16:35 - sure. as long u have enough funds to provide.
dip to u: "keep it small"

Quito Valdez 16:39 GMT April 6, 2004 Reply   
sorry..Anywhere...what is an ebst forum?

Quito Valdez 16:38 GMT April 6, 2004 Reply   
Throw yourself into the deep end of a practice account first pal.
____________
Growen..what is an ebst forum..ya got me on that one.

uk growen 16:35 GMT April 6, 2004 Reply   
i wish i had the expieiriance to read charts and watch indicators like you guys , very new to all this and struggling but thought if i throw myself in at the deep and il have to swimm sooner or later

Anywhere Master 16:33 GMT April 6, 2004 Reply   
Hi everyone ... sell $ against everything ... the ebst forums I'm in say so and they are seldom wrong ... forget everything else .. while elections are in the market $ will be out the market ...

QC WC 16:33 GMT April 6, 2004 Reply   
UK, you could be down on Euro from yesterday if long and not short. If still long suggest stay long with stops depending on amount willing to risk.

uk growen 16:32 GMT April 6, 2004 Reply   
sorry long not short

KL KL 16:30 GMT April 6, 2004 Reply   
uk....he he..if you cannot sleep ...take your profit now and review your strategy next time.... I am sure you will sleep well...I mean NOW when EUR is at 1.209x..

Toronto Silverfox 16:29 GMT April 6, 2004 Reply   
Hi Grown if you are short at 1.2105, then why do you think you are down drastic. This is a bit confusing.

Miami OMIL (/;-> 16:28 GMT April 6, 2004 Reply   
FWIW the 20ma in the 1hr chart is serving as support for the moment IMHO.

uk growen 16:26 GMT April 6, 2004 Reply   
1.2105

KL KL 16:24 GMT April 6, 2004 Reply   
uk growen - cable is pound gbp/usd... as for your situation what level did you short EURUSD?? My view is that this eur is going to go down eventually to test the 1.19 then 1.16 in the next few weeks...I can be wrong....YOu need to place stop loss in this game and unless you have sufficient equity...just ride it and you may even break even tomorrow. Of course some will post here saying it will go to 1.34...etc. most technicals have said that since it has broken 1.2050..that is VERY bearish near term...I am sure many are looking to short near the 1.215x - 1.2200...gl gt...you only can decide

uk growen 16:20 GMT April 6, 2004 Reply   
thanks in

Miami OMIL (/;-> 16:19 GMT April 6, 2004 Reply   
There is no sell signal for intraday positions in my system for eur/usd yet. The first major resistance that I posted earlier is serving as a top for now but there is more room for the indicators to unwind and sentiment looks to test the first fibo line IMHO. GL GT

uk growen 16:19 GMT April 6, 2004 Reply   
thanks in

ln 16:18 GMT April 6, 2004 Reply   
uk growen 16:14 GMT. cable = gbp/usd = sterling vs dollar

Singapore YVC 16:18 GMT April 6, 2004 Reply   
Thanks QC, working

uk growen 16:14 GMT April 6, 2004 Reply   
sorry , could you just let me know what the cable is you all keep talking about, still learning sorry

ln 16:10 GMT April 6, 2004 Reply   
Helsinki iw 15:58 GMT. Cheers. Think comments here are interesting but I do a lot of my own thinking wanting to be comfortable with the trade. At the current point I am not comfortable as euro is not behaving well against aussie and sterling. prefer players to focus on euro as opposed to non euro rates. waiting for cable to provide me with signal to sell but agree with you that the shortterm bias is for it to go higher along with euro. think 1.2150 is going to be broken and we will test 1.8500/10. and then we move lower once these stops are taken out.

ithaca sjm 16:08 GMT April 6, 2004 Reply   
sell small euro/sfcs 1.5640-50 range, place stop 1.5715. s/l if 10 day ema & 100 day ema cross to up side. (don't really trade this but a picture is a picture etc). r/r looks inviting.

uk growen 16:08 GMT April 6, 2004 Reply   
any have any suggestions , as im down drastic now on eur/usd dont know wether to hold on and pray or dump and go home to bed lol,

hong kong nt 16:05 GMT April 6, 2004 Reply   
AB -- long chf or usd/chf?

QC WC 16:04 GMT April 6, 2004 Reply   
Singapore, try http://secure.efxnow.com/wap

LONDON savage 16:01 GMT April 6, 2004 Reply   
looks to me that euro might short from here and head back to 1.1980 area imvho

london phil 16:01 GMT April 6, 2004 Reply   
intraday triple bottom on the usdchf may be due a bouce

Helsinki iw 15:58 GMT April 6, 2004 Reply   
ln, based on market price action I favour the USD to weaken
over the next few days/ weeks. Just my opinion, and I may
be wrong as well as right. All I do by posting my thoughts is
trying to give back to the forum what it gives me, so basically
you have to decide for yourself what value you give my post-
ings. And believe me, I´ve been wrong on more than one
occasion.

hk ab nzd 0.6 15:52 GMT April 6, 2004 Reply   
also long chf 1.2934.

ln 15:51 GMT April 6, 2004 Reply   
Helsinki iw. what do you think of shorting euro and cable at these levels?

Singapore YVC 15:51 GMT April 6, 2004 Reply   
Anybody knows if there is a wap-based page with fx quotes to get it thru phone with gprs?

ham cla 15:48 GMT April 6, 2004 Reply   
swiss name still selling USD/CHF, started 1.2972-75

hk ab nzd 0.6 15:46 GMT April 6, 2004 Reply   
long dlr/jpy 106.05 no stop.

or 15:38 GMT April 6, 2004 Reply   
Heksinki I agree on EUR/USD. If we close above 1.2050 then buy on dips. Still would like to see more euro strength against cable and swissy tho!!!

Helsinki iw 15:29 GMT April 6, 2004 Reply   
Fwiw/ The correction to intraday o/b status on EUR/USD may
be over, and a move higher due. Support at 1,2020/30 was
not seriously under fire, a sign of the markets strength.IMHO

london phil 15:28 GMT April 6, 2004 Reply   
thanks silver fox seems to have been a bit of buying ahead of the descision today maybe theres a hint of a cut in the air and they are buying the rumour

or 15:28 GMT April 6, 2004 Reply   
Phil my best guess:

0% chance rate cut
85% chance unchanged
15% chance rate hike

Toronto Silverfox 15:22 GMT April 6, 2004 Reply   
Unchanged is expected, nothing should really happen.

QC WC 15:21 GMT April 6, 2004 Reply   
How about if rates unchanged?

Toronto Silverfox 15:20 GMT April 6, 2004 Reply   
The announcement is tonight for the Aussies. A cut would
definitely surprise the market since they have a tightening bias.

hk ab nzd 0.6 15:17 GMT April 6, 2004 Reply   
nt// closed my dlr/jpy 106.20 for 80 pips, don't want to be the dim sum for tomorrow jap morning session.

london phil 15:06 GMT April 6, 2004 Reply   
is the aussie rate descision due tonight if so what is expected is a cut on the cards
thanks

ithaca sjm 15:03 GMT April 6, 2004 Reply   
the goose is on the loose......couldn't resist

Chambery FR JFB 14:54 GMT April 6, 2004 Reply   
za... got the answer to my question so forget my last mail... Just got the handbook, homework to do :-) Thx again, happy trades :-)

hk ab nzd 0.6 14:52 GMT April 6, 2004 Reply   
can't imagine the strength of cad... with the massive bird flu in the region....

Quito Valdez 14:51 GMT April 6, 2004 Reply   
Mex sjs...amigo..did you cash in your 1.19xx eur/usd last night?

ithaca sjm 14:48 GMT April 6, 2004 Reply   
Target for short $/cad & short euro/cad 1.2938 & 1.5685 respectively. IMHO. Good fortune to all.

Quito Valdez 14:48 GMT April 6, 2004 Reply   
...and note why pmc won his pips just now...5 min 6 hr chart has typical eur/usd "mesa" formation...up fast, level, down fast. The reverse happened prev. day....down fast..theb a level narrow range, then up fast. BUT..I got caught the day before on the WRONG side of the pair in Euros...after it fell from 1.23+ to 1.21+..made my pips in usd..switched to EUR waiting for the trough to complete it's upward soar...and it went down instead. Scr-- me. Should have listened to Mex sjs. Lessons learned.

Quito Valdez 14:40 GMT April 6, 2004 Reply   
pmc amc// That's the stuff!
--------------------------
mex:sjs..charlamos amigo

Toronto Silverfox 14:36 GMT April 6, 2004 Reply   
ebs high 1.2121

HK dc 14:35 GMT April 6, 2004 Reply   
Hi, can anyone please tell me the high of EUR/USD in EBS today.

TIA

pj amc 14:35 GMT April 6, 2004 Reply   
just covered my eur/usd short +54 pips and also covered my gbp/usd short +44 pips

)toronto( Dr Unken Katt 14:34 GMT April 6, 2004 Reply   
Tallin Viies, you think we ll see levels below 1980 this week?
tia

ln 14:33 GMT April 6, 2004 Reply   
looks like mkt knows where it wants to go but cant find the strength to do it. the easy way out seems to be to sell eur/stg

hk ab nzd 0.6 14:33 GMT April 6, 2004 Reply   
Hm... 105.55 didn't hit......
trail 106.30

limit on dlr/chf 1.2900 was not filled too.

but think I Would like to stay aside and only keep the eur short.

SD tht 14:32 GMT April 6, 2004 Reply   
Thks Martin nothing changed.

Ina* mr_co_z 14:31 GMT April 6, 2004 Reply   
Ina* mr_co_z 14:05 GMT April 6, 2004
Shorted eur at 1.2085 sl. 1.2105...gl/gt..

closed short at 1.2050...

Nottingham 14:27 GMT April 6, 2004 Reply   
pj amc 14:24 GMT

nothing of interest till its a bit higher, sorry

GVI john 14:27 GMT April 6, 2004 Reply   
za- the GVI forum has considerable fundamental analysis. ask jay for a trial jay@global-view.com

Indonesia Solo raden_masandi 14:25 GMT April 6, 2004 Reply   
short gbp now to get 8335 from action level 1.8365 stp 8390

pj amc 14:24 GMT April 6, 2004 Reply   
nottingham.............any thoughts here on usd/chf

Dublin CK 14:23 GMT April 6, 2004 Reply   
Hello Raden

hk ab nzd 0.6 14:22 GMT April 6, 2004 Reply   
hi everyone.

look at the eur/gbp....

this weekend will be blinking "eur danger, eur danger"...

..

Gold Coast martin 14:22 GMT April 6, 2004 Reply   
SD....read my post of last saturday ...it will answer your question....

SD tht 14:20 GMT April 6, 2004 Reply   
Gold Coast Martin what happened to your AUD/USD 0.7150 tgt? I need to know!!!!!!!!!!!

Quito Valdez 14:19 GMT April 6, 2004 Reply   
...careful you guys, you'll get an email from Jay M. :0 (chuckle)

Gold Coast martin 14:16 GMT April 6, 2004 Reply   
FARMACIA...i have told you previously many times to keep your comments to ypur self unless they are addressed to you and please go back to trading your pittance...g/l

Stockholm za 14:15 GMT April 6, 2004 Reply   
perrie como......Fwiw…
This forum has a tendency to dislike you if you do not post: -
Buy here, Sell there, put you stop lost there, take profit at X, Order at Y, level at B, over bought at G…. etc. etc. Etc.
A Dark image of brood base Reliable analysis… GV/FF – alias the signal forum….lol -----
--- However-----------
A forum without good fundamental analysis contributors will be highly under Qualify…
Happy trades to you……….

Indonesia Solo raden_masandi 14:15 GMT April 6, 2004 Reply   
hello..my friends..

ham cla 14:13 GMT April 6, 2004 Reply   
UK clearer the seller at 1.2080 in EUR/USD

Nottingham 14:12 GMT April 6, 2004 Reply   
beijing road 13:56 GMT

sounds good to me...but do remember that they won't always be accurate to the pip as these primary levels don't involve any estimation of real time emotion, and in those cases where we see panic trading, further trades would need to be made at future primary levels in order to maintain ones position at the extreme of the range...historically there have been times where positions needed to be managed in this way for up to a week and this clearly would require a large amount of capital...I am prepared for this, indeed that is my trading criteria (volatility matched leverage)...but it's something for you to take into consideration as far as margin requirements are concerned...gl gt

melbourne farmacia 14:11 GMT April 6, 2004 Reply   
Gold Coast martin - you still short aussie at 7250 ? - well keep your neg comments to yourself.

Melbourne Qindex 14:06 GMT April 6, 2004 Reply   
Melbourne Qindex 10:02 GMT April 6, 2004
EUR/USD : My 44-day indicates that a projected barrier has been established at 1.2147 - 1.2157.

Melbourne Qindex 09:58 GMT April 6, 2004
EUR/USD : the following is still valid :-

Melbourne Qindex 06:00 GMT April 3, 2004
EUR/USD : As shown in my 3-day cycle charts projected resistants points are 1.2142 and 1.2168. Projected supporting points are 1.2012, 1.2038 and 1.2063. The bias is on the downside. If the market fails to overcome the projected resistant level at 1.2194 - 1.2201, it is likely to consolidate in the following trading ranges of 1.2012 - 1.2038 - 1.2063 - 1.2090 - 1.2109 before tackling the short term target at 1.1934.



Melbourne Qindex 09:50 GMT April 6, 2004
EUR/USD : the next series of resistant points are 1.2114 - 1.2151 - 1.2193.

Melbourne Qindex 09:39 GMT April 6, 2004
USD/JPY : Trading reference from my 22-day cycle is as follow :-


... // 104.15 - 104.94 - 105.72 - 106.51 - 107.30 // ...

Melbourne Qindex 09:05 GMT April 6, 2004
EUR/USD : Projected resistant points in my 44-day cycle are 1.2034 and 1.2068.

Melbourne Qindex 08:58 GMT April 6, 2004
EUR/USD : The key quantised level in my 44-day cycle is 1.1911.

Melbourne Qindex 08:51 GMT April 6, 2004
EUR/USD : As shown in my 22-day cycle the key quantised level is 1.1955*. Projected resistant points are 1.2028, 1.2034 and 1.2096. Projected supporting points are 1.1875, 1.1906 and 1.1920.


... // 1.1875 - 1.1906 - 1.1920 - 1.1955* - 1.2028 - 1.2034 - 1.2096 // ...

Melbourne Qindex 03:18 GMT April 6, 2004
USD/JPY : Detailed analyses will be performed later today.

Melbourne Qindex 03:17 GMT April 6, 2004
USD/JPY : The expected current trading range from my 3-month projection is 103.70 - 106.76.

Melbourne Qindex 02:39 GMT April 6, 2004
EUR/USD : The distribution of my daily cycle charts indicate that the market has a tendency to trade between 1.1891 - 1.2081. A projeced resistant point is positioning at 1.2018.


... 1.1827 // 1.1891 - 1.1955 - 1.2018 // 1.2081 ...

Ina* mr_co_z 14:05 GMT April 6, 2004 Reply   
Shorted eur at 1.2085 sl. 1.2105...gl/gt..

beijing road 13:56 GMT April 6, 2004 Reply   
Nottingham: Thanks so much for your help. So far your projected level has worked unbelievable better than a newbie's imagination like me, and i am getting more and more intersted in your system even though there is a lot of thing I can't understand well. Usually, I use your level in these three way:
1).contra= trade as your primary purpose
2).as "flat" signal of trend-following position,even as "too aggressive level" for any new trend-following position.
3)highly potential trend-reveral signal at least short time.

Is my understanding correct? GL and GT.

Nottingham 13:50 GMT April 6, 2004 Reply   
eurgbp...should find support at 6557 and that may mark low for day +/- a pip or two...gl gt

perrie como 13:50 GMT April 6, 2004 Reply   
martin ..I wd rember you, you havent answered my question...also I do not follow the forum for trading purposes

say this is part of my briefing...also do not call that readin listenin I know It's not your words...be resposnible and decide upon yourself if you wanna be a trader

perrie como 13:47 GMT April 6, 2004 Reply   
tks frns...but do not have time to spend talking with problematic people

will came over again if anything interesting....let's see the aucition first....

g/l

Gold Coast martin 13:46 GMT April 6, 2004 Reply   
PERRIE.....trading and posting long analysis simultaneously is somehow a losing trade......just read different comments from different people in here and learn like we all do...posting long analysis can mean distraction from actual trading which in some cases may mean a loss of profit and that may be millions in some cases....listen and learn is best policy IMHO...G/L

Dublin CK 13:45 GMT April 6, 2004 Reply   
Como,

Learn from your trades, keep on trying my friend. Tmw will provide more opportunities.

Good luck and happy trades.

Rgds,

CK

Gen dk 13:44 GMT April 6, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

nyc jk 13:43 GMT April 6, 2004 Reply   
como - don't worry about Martin. just keep doing your thing.

Stockholm za 13:42 GMT April 6, 2004 Reply   
perrie como 13:37.... Dont let him provoke you....
It is all Good..........
Happy trades to you..........

perrie como 13:37 GMT April 6, 2004 Reply   
however martin from goldcoast...pls print here what are good analysis pieces over here...so I could understand better you guys..

perrie como 13:33 GMT April 6, 2004 Reply   
no offense martin...I am quitting...

guess this is too overpop

g/l anyway

Nottingham 13:33 GMT April 6, 2004 Reply   
beijing road 13:16 GMT

the more emotive element you can introduce into calculating stage, the more flexible the system is and less likely to be caught out by unseen events as it will flow with trend quicker than a 100% numerical based system

perrie como 13:31 GMT April 6, 2004 Reply   
Hi Livingston NH....not really this was last winter, but recent forecasts from last days are showing a bunch of members will break trough taht 3 pct defict/gdp

so I am saying dollar and euro negative for next 1-2 years....we will see then which one first to drop, or expetional events as markets are behaving with abnormal conditions

Gold Coast martin 13:30 GMT April 6, 2004 Reply   
PERRIE....STICK TO SINGING AND LET OTHERS DO THE ANALYSIS......NO OFFENCE...G/L

Nottingham 13:26 GMT April 6, 2004 Reply   
beijing road 13:16 GMT

depends for which pair...can be as simple as historical average daily ranges or as complicated as "word crunch" through 4 newswires to determine "over exuberance" rating (each word in filter contributes to rating) and from that extrapolate to previous scenarios ratings and take reversal area or ranges from them...gl gt

Livingston nh 13:25 GMT April 6, 2004 Reply   
Perrie - have you looked at the Stability Pact recently? No deficits in Europe right??

perrie como 13:21 GMT April 6, 2004 Reply   
Foreign Buyers

Foreign investors, who held 44 percent of U.S. Treasuries as of January, have boosted purchases in the past two years as Asian countries sold their currencies and bought dollars to protect exporters' profits. The amount of Treasury securities held by international accounts has risen by about 53 percent in the past two years to $1.58 trillion as of January, Treasury figures show.

perrie como 13:17 GMT April 6, 2004 Reply   
http://quote.bloomberg.com/apps/news?pid=10000103&sid=a8J9_V2wy3Io&refer=us

Record Budget Deficit

President George W. Bush's administration estimates the shortfall will reach a record $521 billion in the fiscal year ending Sept. 30. Morgan Stanley economists David Greenlaw and Ted Wieseman projected a $475 billion budget gap, and Lehman's senior economist Drew Matus had forecast a $480 billion deficit.

The Treasury said in February it will borrow $75 billion from April through June. It is scheduled May 5 to announce its borrowing needs for the final quarter of the fiscal year, which ends Sept. 30.

beijing road 13:16 GMT April 6, 2004 Reply   
Nottingham:what mothod do you use to track the second o/s and o/b level? thanks.

Shg 13:07 GMT April 6, 2004 Reply   
AUD Surges At NY Open; More EUR/AUD Selling Seen

perrie como 13:06 GMT April 6, 2004 Reply   
Hi Nic...so bad I know that whenver step around...seen also some elder people in the milan tramways, just holding their cellphones to show their are not alone....guess this is the capitalistic dark side of the moon, also known as schizophrenia

pj amc 13:05 GMT April 6, 2004 Reply   
just shorted eur/usd at 1.2107 and gbp/usd at 1.8371

perrie como 13:03 GMT April 6, 2004 Reply   
btw s and p 1135 at nyc closing at least, or lower....unless the fed steps in to sustain the auction ...us rates are far from reality ref: amount of debt to be sold needs acceptable prices, as for now we have seen just lobbies buying US bonds as from last years G7, not for the yield but for different reasons from market ones...so prices artificially held if US economy is really growing

Genoa nic 13:01 GMT April 6, 2004 Reply   
Hi perrie, certainly in Italy....reacently stats said more than one portable per Italian!

hk revdax 12:59 GMT April 6, 2004 Reply   
London R J 12:46//Please read my 12:25 post and act accordingly if you agree.

perrie como 12:58 GMT April 6, 2004 Reply   
1.1970 eur/usd by nyc closing might well be...but talking as a fisherman even 1.19 tom might become a good barbecue

perrie como 12:56 GMT April 6, 2004 Reply   
btw talking techs the only way for nokia to survive is to sell in asia...western markets overdone, probably we talk too much :)

London R J 12:56 GMT April 6, 2004 Reply   
Nottingham
Many Thanks

Nottingham 12:53 GMT April 6, 2004 Reply   
London R J 12:46 GMT

resistances at 8413 8440 8476 8500 8525...if none of these seen>>>below 8355 brings 8325 into focus with a deeper correction to 8295 to follow if not held...gl gt

Helsinki iw 12:53 GMT April 6, 2004 Reply   
Agree fully with your point there nic, no doubt about that.
Just pointing out that this warning may be regarded by the
market as company specific problems. Nokia says that they
have sold 19% more phones during Q1, while the market has
grown 25%. Still turnover is down 2%, so price erosion is
strong - not good for overall tech numbers, as per your point.

perrie como 12:52 GMT April 6, 2004 Reply   
good day

eur/usd now changing as from late asia this morn....
below 1.21 is done on up...while there are yet some pips for short term players on upside..guess no more than 30-40 points ...

higher rates, bad auctions later on might turn down stocks, bonds, dollar on euro up...(yen is other thing as It does not respect fundamentals, just for now)

also would not hold any aussie dollar anymore given the unfolding housing-stock-morgage bubble....

Gen dk 12:52 GMT April 6, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Rye, NY et 12:50 GMT April 6, 2004 Reply   
Short EUR/USD 1.2110;cut 1.2160;take 1.2010

Helsinki iw 12:50 GMT April 6, 2004 Reply   
Fwiw/ A move and close over 1,2130 would add alot to the
overall bullish outlook for EUR/USD. Intraday studies are some-
what overbought however, so progress could be slow. There
is also room for a dip to 1,2020/30 strong support, but perso-
nally regard that as unlikely. Any such dip should be a very
good buying opportunity. IMHO

Genoa nic 12:48 GMT April 6, 2004 Reply   
Thanks IW,
my point is: Nokia is a tech bellweather, surely the one of the most important outside USA. So this warning does’nt bode well for next big tech numbers. Recently the correlation between Nasdaq and Dollar didn’t work, but now, with the treasuries meltdown, some weakness in stocks could help yields to consolidate and treasuries to breath, thus helping the Euro, IMVHO

London R J 12:46 GMT April 6, 2004 Reply   
revdax, nottingham
what are your views on selling sterling for USD, now
I missed the boat on Friday
Many Thanks

Tallinn viies 12:41 GMT April 6, 2004 Reply   
moving stop order little bit higher, up 1,2159 fwiw

Helsinki iw 12:33 GMT April 6, 2004 Reply   
nic, Nokia warns on mobile phone sales, due to wrongly
balanced product line - midrange phones have sold well, while
Nokia has pushed high - and lowend phone models. So basic-
ally company specific, but surely not good for overall sentime-
nt.

Genoa nic 12:31 GMT April 6, 2004 Reply   
Good afternoon all
Not sure about forex implications, but Nasdaq future plummeted some 10 points a few minutes ago on Nokia numbers ( now down 17%), FWIW

hk revdax 12:25 GMT April 6, 2004 Reply   
FWIIW//Those of you who are long Euro may want to hold onto your long position until tomorrow. In the meanwhile, it pays to shut down your monitor and go for a drink or to sleep.

nyc fxdh 12:23 GMT April 6, 2004 Reply   
Any insites as to $ cdn... big drop

Tallinn viies 12:21 GMT April 6, 2004 Reply   
beirut jb 12:07 if you want to spend 10-15 pips then you can wait. I think we see 1,1980 today

London R J 12:08 GMT April 6, 2004 Reply   
Sterling seems to have somewhat recovered after the pasting it got on friday (USD), does anyone have any thoughts on whether we will see the fridays pre-non farm payroll levels (1.85-1.84) or will it indeed go to the 1.81 levels towards friday, taking into consideration that BOE might just increase rates (or at least this is the general view as far as analysts views are concerned).

beirut jb 12:07 GMT April 6, 2004 Reply   
Tallinn viies 12:01 GMT April 6

hi mate,

it need to break 12080 to drop, if not 3pb 15 min suggest another pop for eur/$ before any drop

GL GT

Tallinn viies 12:01 GMT April 6, 2004 Reply   
for intraday traders time has arrived to start selling the euro again,
sell it here at 1,2084. first target 1,1985/90. stop at 1,2144 gl

Tallinn viies 11:41 GMT April 6, 2004 Reply   
hk revdax 11:32 - of course

GVI john 11:34 GMT April 6, 2004 Reply   
This report is posted twice daily on GVI. For information on how you can access GVI, contact jay@global-view.com
STRATEGY SESSION --New York Open
Opening Levels:
eur/$ 1.2100…$/yen 106.25
DJIA -22 pts… 10-yr 4.16%, +2 bp
PERSONAL OPINIONS:
For a broad range of opening levels click on GVI’s “Market Snapshot”:
CLICK HERE
See GVI for text

hk revdax 11:32 GMT April 6, 2004 Reply   
Tallinn viies 11:11 GMT//i personally know little about Eliott theory. However, i am of the view that each school of thinking has something to offer. It is up to that individual trader how he interprets what he reads within the model or a the framework of a theory...imo.

Nottingham 11:27 GMT April 6, 2004 Reply   
Odessa GM 11:20 GMT

be aware of everything however daft you think it may be, so that you know what others are expecting and thus you will be in a position to anticipate their actions/reactions...for the record I agree with the previous comments re wave analysis>>>always looks better in hindsight...gl gt

Odessa GM 11:20 GMT April 6, 2004 Reply   
I am not the adherent EWA, but does not consider him foolish (how any other method of analysis is), but for some time past he became fashionable...

Nottingham 11:20 GMT April 6, 2004 Reply   
Tallinn viies 11:09 GMT

I don't know if we'll see it either, but as you say it will be gladly welcomed if seen

Odessa GM 11:14 GMT April 6, 2004 Reply   
at least honest.....:)

Tallinn viies 11:11 GMT April 6, 2004 Reply   
Odessa GM 11:04 - I think elliott wave anal-yses is the most stupid thing in trading world. Im sorry

Belgrade Knez 11:10 GMT April 6, 2004 Reply   
Livingston nh 11:01 GMT April 6, 2004 ]

Thank you.

iom stan 11:10 GMT April 6, 2004 Reply   
so what effect will all the new "associate" currencies have on the Euro next month, any thoughts please. Stan

Odessa GM 11:10 GMT April 6, 2004 Reply   
To Nottingham
In my opinion, correction scarcely will happen below 1.1800/50, as this level is a top 1-3, I.e. only higher than this level a hope on copying of maximums is saved....

Tallinn viies 11:09 GMT April 6, 2004 Reply   
Nottingham 11:02 yes I have this one also or very close. If we could really see it I take this as a FX god gift to me to get cheap euros. from 1,19 every 100 points down comes harder and harder...
imho

Tallinn viies 11:06 GMT April 6, 2004 Reply   
btw, if you remember I mentioned near 1,29 that our big corporates getting rid of dollar short options strategies (took off hedges)....
near 1,2000 they are taking them back. 1,19-1,20 area buying atm euro calls, selling euro puts at 1,13, selling euro calls 1,34, time 9-12 months ahead
fwiw

Odessa GM 11:04 GMT April 6, 2004 Reply   
To Tallinn viies
Good afternoon!!! you adherent of waving analysis? And you count on a classic fifth wave?

Nottingham 11:02 GMT April 6, 2004 Reply   
viies, agree with your first two possible reversal zones...also have one final one at 1.1725

Livingston nh 11:01 GMT April 6, 2004 Reply   
Belgrade - try this LINK

KL KL 11:00 GMT April 6, 2004 Reply   
GEP, OMIL, Farmacia....GBPJPY looks toppy are you guys planning to short at the failure of 19550?? Let me know what level so we go in together...and drive it down

Athens 10:59 GMT April 6, 2004 Reply   
I agree with Tallin viies. I had called earlier this year when near 1.29 for a 10 big figure EUR/$ correction and my possible targets this week were 1.1980, 1.1965 or 1.1930. Then 1.1980 has held (Tallin mentioned that level as well). Therefore a minimum required correction is in place (but note the word "minimum") and the EUR could start moving higher, although I must repeat than in this US election year I am not expecting big trends.

What comes next we shall see but thus far $/CHF has formed a large medium term double top at 1.3075 (March 3 and again this week).

Belgrade Knez 10:54 GMT April 6, 2004 Reply   

Anybody. Please.

Belgrade Knez 08:22 GMT April 6, 2004

Can anybody give me info where I can read about European Economic weekly/monthly data?

Thank you.

PORTO VMA 10:51 GMT April 6, 2004 Reply   
Athens 10:32 GMT April 6, 2004
can you please left your view on eurusd? Do you think also that we have see the bottom on this cross, for next days, weeks?

Tallinn viies 10:41 GMT April 6, 2004 Reply   
finally my minimum long term correction level at 1,1980/1,2000 touched. now I could agree with move up to 1,34sh.

although big level reached, intraday moves doesnt allow euro up just yet. my charts telling me levels to watch down there..
1,1930/50 and 1,1860/80.
I think one of these levels will contain correction and after hanging around some time in range 1,19 and 1,24, finally trend continues toward 1,29 > 1,34 > 1,39 (maybe).
imho

Melbourne Qindex 10:41 GMT April 6, 2004 Reply   
Melbourne Qindex 09:58 GMT April 6, 2004
EUR/USD : the following is still valid :-

Melbourne Qindex 06:00 GMT April 3, 2004
EUR/USD : As shown in my 3-day cycle charts projected resistants points are 1.2142 and 1.2168. Projected supporting points are 1.2012, 1.2038 and 1.2063. The bias is on the downside. If the market fails to overcome the projected resistant level at 1.2194 - 1.2201, it is likely to consolidate in the following trading ranges of 1.2012 - 1.2038 - 1.2063 - 1.2090 - 1.2109 before tackling the short term target at 1.1934.

Gold Coast martin 10:35 GMT April 6, 2004 Reply   
Russki.....Docixpor pitaeshcy prodat cvou doiictoricheskuu informaciu?....Udachi!!!

ithaca sjm 10:34 GMT April 6, 2004 Reply   
sell $/Cad 1.3145-50 if seen. s/l 1.3233 t/p 1.2900 next week.
cu tomorrow

Nottingham 10:33 GMT April 6, 2004 Reply   
cable...there is some support at 1.8325 which if held keeps 1.8355 in sight...if it doesn't hold then likely to retrace back down to 1.8295/90 where intraday traders would fancy longs...gl gt

Athens 10:32 GMT April 6, 2004 Reply   
Finally the model projected low in $/JPy I mentioned last week might serve as a good medium term bottom:

Athens 09:58 GMT March 31, 2004
From Trendways page in the morning (8:26 GMT), I am postng it here as it is still valid and could serve again, at least for the day if not longer:
"A model projected level (call it kind of support but it's rather a kind of projected target instead) is 103.40-45 in $/JPY."

thailand bw 10:12 GMT April 6, 2004 Reply   
right AB...

then on to 1.86..

hk ab nz 0.6 10:12 GMT April 6, 2004 Reply   
in 2002, dlr/jpy falls sharply from 135 to 126.35 then, the rebounds up to 134.xx and people start to think hm...140 year end....

seems familiar to me on the eur/jpy.

hk ab nz 0.6 10:09 GMT April 6, 2004 Reply   
for cable, I think there's a 2nd train at 1.82 later.

QC WC 10:06 GMT April 6, 2004 Reply   
Seeem the ugly picture is at times worth a fortune:-)

hk ab nz 0.6 10:04 GMT April 6, 2004 Reply   
Farmacia, another good job.

c9, once you long chf publicly, it goes down ;)

thailand bw 09:59 GMT April 6, 2004 Reply   
alright, that TP was a good 3% addition to balance...

Algarve Box 09:52 GMT April 6, 2004 Reply   
Hi raden :)

London BM 09:52 GMT April 6, 2004 Reply   
EUR/Usd good for a short now?

thailand bw 09:51 GMT April 6, 2004 Reply   
maybe notting is right, but in any case it hit my TP already...

i forgot to move it up...

Gen dk 09:48 GMT April 6, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Indonesia Solo raden_masandi 09:47 GMT April 6, 2004 Reply   
good evening..

Nottingham 09:39 GMT April 6, 2004 Reply   
cable now flirting with highs seen post reaction low Friday...there is a good gap here but it's unlikely to be easy going with resistance as near as 1.8355 then 1.8413

thailand bw 09:37 GMT April 6, 2004 Reply   
i'm long GbUs since earlier today...

it's almost +100 pippers now

looks to be good to at least 8600, maybe 8630

Lndn Frnd 09:35 GMT April 6, 2004 Reply   
amman jo
can you explain more about trl

PAR 09:34 GMT April 6, 2004 Reply   
Looks likes Schroeders objectif is to get to 5.000.000 German unemployed asap.

thailand bw 09:33 GMT April 6, 2004 Reply   
no worries AB,

actually I'm sure with your passion for 4X you would have made it here soon enough...

AnyOne long GbUS ??

Helsinki iw 09:27 GMT April 6, 2004 Reply   
As it becomes more likely that the US will commit more troops
to Iraq the markets could take a more negative stance on the
dollar and refocus on the imbalances in the US. The analogy
to Vietnam is already quoted widely, at least in European
media.

shanghai bc 09:26 GMT April 6, 2004 Reply   

Today's yen crosses moves are not directly MoF related..We have to rememeber that MoF controls only 3 trillion Dollars of funds leaving 9 trillion Dollar national savings at large..But given Yen croses have been one of the main engines of Eur/Usd,Gbp/Usd and Aud/Usd excessive rise in the past,today's Yen crosses moves may be worthwhile noting..Especially around Eur/Jpy 125 which is a very important level for their well over 1/2 trillion Euro EZ investment and was the starting point of rise to Eur/usd 1.29..Eur/Jpy 125 will make or break Eur/Usd and Usd/Jpy in coming days depending on which way they put down their bet in the new financial year..Fwiw..

Wellington am 09:21 GMT April 6, 2004 Reply   
No, different am. Sorry.

hong kong nt 09:17 GMT April 6, 2004 Reply   
AB -- Jap funds may use strong yen to bargain hunting euro assets these few days in view of rate cut expectation...

Gen dk 09:14 GMT April 6, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

hong kong nt 09:14 GMT April 6, 2004 Reply   
AB -- re: NZD, guess 10-13% correction from .71, if seen again, maybe viewed as very nice entry levels by long term players...

Shg 09:13 GMT April 6, 2004 Reply   
Wellington am are the same Wellington from a few years back ? knowedge of aud works for ANZ.?

Moscow Hawk 09:11 GMT April 6, 2004 Reply   
1.20-21 still contains downside in EUR/USD. For how long it is still a question. I risk suggesting that next time when euro will fall below 1.20 we will see the break and test of my first target 1.1880-30. And to be frank it is very likely that it could happen next few days.

Good luck

Wellington am 09:09 GMT April 6, 2004 Reply   
Just shorted kiwi.

hk ab nz 0.6 09:08 GMT April 6, 2004 Reply   
am monitoring nzd if it can make a key day reversal today.

amman jo 09:07 GMT April 6, 2004 Reply   
Thanks all ..

what I mean in trend reverse levels which some advisory signals provide daily they are pivot or key numbers on which one buy or sell when the trl for that currency is breached with stop and limit targets ...

hk ab nz 0.6 09:06 GMT April 6, 2004 Reply   
bw, how are you? Yes, it's been a long while... we changed from a chat room to here.

Thanks for you to introduce me this NICE forum 2 years ago.

hk ab nz 0.6 09:05 GMT April 6, 2004 Reply   
v. interesting move on nzd, who kicked its butt? my option maturity tomorrow? one at .6550, one at .6600?

QC WC 09:02 GMT April 6, 2004 Reply   
Am short Usd/Chf or long Chf already.

Lndn Frnd 08:57 GMT April 6, 2004 Reply   
Amman jo
i repeat following post

hk ab nz 0.6 08:43 GMT April 6, 2004
then, I may need to short chf rther than long chf today.

thailand bw 08:51 GMT April 6, 2004 Reply   
wow, HK AB, you're still here...

it's been a good long time since I logged in here, and the first name I recognized was yours...

beirut jb 08:47 GMT April 6, 2004 Reply   
hi traders

hope evrybody doing well,

GL GT

hk ab nz 0.6 08:45 GMT April 6, 2004 Reply   
but nt, don't you find it strange that the buying power of the jap funds are as strong as intervention? Unless they did it deliberately, otherwise, can't imagine how come the dlr/jpy shoots like rocket.

SA JHB 08:44 GMT April 6, 2004 Reply   
amman jo 08:31 GMT April 6, 2004

Very difficult to trade on someone else's recommendation. You dont see what they see and might entre at wrong time, but at the end the trade works and might have kicked you out.

hk ab nz 0.6 08:43 GMT April 6, 2004 Reply   
then, I may need to short chf rther than long chf today.

hk ab nz 0.6 08:40 GMT April 6, 2004 Reply   
nt// noted, will close them accordingly.

also would like to know the current c9 index on commodities.

Dallas GEP 08:35 GMT April 6, 2004 Reply   
GBP/JPY has been particularly NASTY today. We have had 3 reversal signals (going short) and they ALL were false and gbp/jpy went above 195.00. At 193.60 another short has been signaled but at this point in time I am not sure I would trust it!!! LOL

amman jo 08:31 GMT April 6, 2004 Reply   
kindly advise if any one here use trend reverse levels TRL for trading forex and give me his/her input and feed back


thanks

hong kong nt 08:24 GMT April 6, 2004 Reply   
AB -- good buying interest of yen crosses may last for a while...

Belgrade Knez 08:22 GMT April 6, 2004 Reply   

Can anybody give me info where I can read about European Economic weekly/monthly data?

Thank you.

Auck 08:15 GMT April 6, 2004 Reply   
Lond AUDNZD is 1.1580-90

hk ab nz 0.6 08:08 GMT April 6, 2004 Reply   
interesting nzd move.

QC WC 08:06 GMT April 6, 2004 Reply   
I think GBP 1.8110 was traded yesterday. Anyway also long but seem others looking for more downside. Thanks!

Miami OMIL (/;-> 08:04 GMT April 6, 2004 Reply   
A buy for eur/usd is a contra intraday trade at this time. I believe that it is still sell on rallies like I said before. All my signal is telling me is that the bounce for today will be a lot better than yesterdays with a better level to short the eur/usd IMHO. So far the smaller resistance has repelled around 1.2070-75 level but the indicators are still unwinding at this time so the resistance can be taken out later IMHO. Reading comments that there are some stops below 1.1980 and above 1.2065 but again I don't trust everything I read. GL GT

melbourne farmacia 08:03 GMT April 6, 2004 Reply   
QC WC 07:51 GMT April 6, 2004
Yes - that's what i mean - euro low in place.
Gbp/usd - buy low sell high - 1.8100 is the big picture key.

lond 08:01 GMT April 6, 2004 Reply   
whats the current lvl for aud/nzd plse folks

Helsinki iw 07:54 GMT April 6, 2004 Reply   
Thanks ab, will keep on eye on that also.

hk ab nz 0.6 07:52 GMT April 6, 2004 Reply   
now welcome the london.

QC WC 07:51 GMT April 6, 2004 Reply   
Farmacia, haven't we seen the lows yet? Am already long Euro. Re GBP picture, does it still look ugly? Or have to buy even ugly? :-)

Amsterdam Well-Wisher 07:51 GMT April 6, 2004 Reply   
Reliable history data for trading system verification
and precise technical analysis at www.hisbase.com.
Intraday data are presented since 1997.

Miami OMIL (/;-> 07:48 GMT April 6, 2004 Reply   
Thanks Farmacia I will keep my eye on that. GT

hk ab nz 0.6 07:47 GMT April 6, 2004 Reply   
iw// as long as eur/gbp can't swim up above the neck .66, the 1.1920-30 is still in the cards.

melbourne farmacia 07:47 GMT April 6, 2004 Reply   
OMIL - tuesday is my cycle day for dollar pairs: new euro low and up we go.....GT

LDN SAM 07:44 GMT April 6, 2004 Reply   
RE SINGAPORE ALWAYSRESPECT...Interestg postg on Jap pension fund...Do U have any source on this plse?

Miami OMIL (/;-> 07:43 GMT April 6, 2004 Reply   
London BM 07:40 GMT April 6, 2004
Check the archives I have posted support and resistance levels earlier.

London BM 07:40 GMT April 6, 2004 Reply   
MIAMI - where do you see EUR/USD going today?

Helsinki iw 07:37 GMT April 6, 2004 Reply   
Omil, I´m watching key reversal on 4 hours chart in progress.
Oftentimes very good indicator as in evidence Friday before
the figures. Some EUR/CAD also going through it seems.
Had thought we would see 1,1920/30 or 1,1860/70 first but
may be not, will wait n see. GL

Miami OMIL (/;-> 07:33 GMT April 6, 2004 Reply   
FWIW nice buying signals developing for eur/usd pair IMHO.

hk ab nz 0.6 07:31 GMT April 6, 2004 Reply   
nt// got it.
jn// don't pretend to be c9 and uncle if you aren't.

hong kong nt 07:27 GMT April 6, 2004 Reply   
AB -- it's atps886@Yahoo.com...

hk ab nz 0.6 07:25 GMT April 6, 2004 Reply   
nt// is it just yahoo.com or yahoo.com.hk?

hk ab nz 0.6 07:22 GMT April 6, 2004 Reply   
watch the cad!!!

hk ab nz 0.6 07:18 GMT April 6, 2004 Reply   
c9 uncle join our dinner next Fri.?

hk ab nz 0.6 07:17 GMT April 6, 2004 Reply   
smal short eur 1.2050.

hk c9 uncle 07:16 GMT April 6, 2004 Reply   
hong kong nt 06:35 GMT April 6, 2004
AB-- c9 index on usd/jpy WORKS MAGIC

hk c9 uncle 16:06 GMT April 5, 2004
still here ab, taken profit on $/chf long 1.3050 for +550 pts. seems a few shorting $/jpy now, so I went long today, will look to profit 105.70

not sure how it works magic nt, but my system of trading contrary to the hk crew on this forum is what really works nt, yesterday they were all selling / looking to sell usd/jpy and here we are. just need to think of a nickname for this group.

hk ab nz 0.6 07:14 GMT April 6, 2004 Reply   
nt// T/p of my short at 105.50.
150 pips in one session....

think london boy will give us interesting move later.

I am looking for long chf now.

hk ab nz 0.6 07:13 GMT April 6, 2004 Reply   
nt// I entered 107 short dlr/jpy didn't imagine I could get hit and then, it was during my damx copying job!!!! What a coincidence.

perrie como 07:13 GMT April 6, 2004 Reply   
okidoki
done for now...see u later on in US
bii

perrie como 06:58 GMT April 6, 2004 Reply   
for those not yet short usd/cad...once develops below 1.31 It goes sharply down again...upper risks between 1.3150 to 1.33, this last one very extreme and not likely to be seen

guess not much on markets into the US 16 bios 5 years notes auction later on....

hong kong nt 06:56 GMT April 6, 2004 Reply   
If friends in HK is interested to attend a dinner gathering on next Friday, please drop me a note via atps886@Yahoo...

hong kong nt 06:48 GMT April 6, 2004 Reply   
AB -- 107.4 may cap usd/jpy on the upside this week...

hong kong nt 06:45 GMT April 6, 2004 Reply   
AB -- t/p 106.6 was hit...

hk ab nz 0.6 06:45 GMT April 6, 2004 Reply   
nt// surely yes!

perrie como 06:40 GMT April 6, 2004 Reply   
what works has to be explained, else just fuffy marketing of selfish wanna-bees

perrie como 06:38 GMT April 6, 2004 Reply   
re yest. machines squeezers eur/usd...there might be some doing next, provided holds 1.2035, for some 1.2150 to 1.22

today's in US important Bond Auctions !!!!!!

hong kong nt 06:35 GMT April 6, 2004 Reply   
AB-- c9 index on usd/jpy WORKS MAGIC!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

perrie como 06:26 GMT April 6, 2004 Reply   
re yesterdays short term long entry usd/jpy @ 105... now profit (106.52)...med to long still all same ..

van Gecko 06:16 GMT April 6, 2004 Reply   
good evening islander.. hope you had caught some of her Majesty's high speed roller coaster pips..
here on the island south of 'Land of the Rising Sun', the prez & vice-prez was vely lucky to dodge high speed bullets while electioneering on an open Jeep! must be the blazing Asian sunsets playing tricks on the cross-hairs..

shg 06:07 GMT April 6, 2004 Reply   
Talk of Japanese institutional investor buying of USD, EUR,
AUD and GBP noted from before the Tokyo fix
ifr

Shg 06:03 GMT April 6, 2004 Reply   
German Seasonally Adjusted Unemployment Rises 44K - Reuters

Singapore Pilot 06:02 GMT April 6, 2004 Reply   
See very good buying in Eur/Yen now... have more stops at 128.50..obj looking at 132.00

Jubail Gamber 05:59 GMT April 6, 2004 Reply   
any effect for the DEM unemployment rate today on the eur$? it will be out at 7:55 GMT

Singapore alwaysrespecttheBOJ 05:59 GMT April 6, 2004 Reply   
IMM guys still long Yen ,short USD .... me thinks dlr goes to 108.00 tonite..

st. pete islander 05:53 GMT April 6, 2004 Reply   
Gecko .... Have fun .. be safe .. watch out for high speed bunnies!

van Gecko 05:52 GMT April 6, 2004 Reply   
OMIL.. ab .. & friends.. trade safe & hap'pip Easter egg hunts..

Ldn Hat 05:49 GMT April 6, 2004 Reply   
Morning all!! Shorted more GBP/USD at 1.8215 stop 1.8300 target 1.8120 IMHO Thanks

hk ab nz 0.6 05:38 GMT April 6, 2004 Reply   
sp// all eur/aud done. with some good "red". but nvm.... the other trades are fine.

LA saint3 05:37 GMT April 6, 2004 Reply   
hi guys ..
any view on gbp/usd for today?

TIA

Singapore alwaysrespecttheBOJ 05:33 GMT April 6, 2004 Reply   
yes ..while you were sleeping.......

ikabod_25 05:31 GMT April 6, 2004 Reply   
ICT ML 04:44 GMT April 6, 2004

Reminds me of the Pearl Harbor !

sgp sp 05:29 GMT April 6, 2004 Reply   
ab, Dr Q's 22/44 days level for eur/aud was at 1.5890 ~ 1.6026 ~ 1.6505 etc etc.

R u still holdidng ur longs or u had closed the possie already.
Yesterday's low was at 1.5901....hmmm....

ikabod_25 05:28 GMT April 6, 2004 Reply   
sorry i meant SHORT!

ikabod_25 05:27 GMT April 6, 2004 Reply   
the yenny will never ever give us an easy ride and this is just to scare those who really understood the reading of the head and shoulder formation which is already been very long overdue so the strat is still the dame get a hold of any long position at any good point with stops to protect!!

hk ab nz 0.6 05:19 GMT April 6, 2004 Reply   
Gecko, I have the commitment with jap sans to break those "nuts"....

Good morning!!

Singapore alwaysrespectthemarket 05:13 GMT April 6, 2004 Reply   
usyen popped higher from 105.70 to 107.25 during tokyo lunch hr
on back of model stops and japnse pension fund buying. 10 yr jgb
futures fell to 5 mth lows after the auction today. Talk of Jap
pension funds possibly switching out of JGBs into Euro-
denominated debt further fueled yn losses.

in this new jap fiscal yr, jap pension funds have abt yn
5.8 trilion of new money, out of which 3 trillion is said to be
invested in foreign assets

Miami OMIL (/;-> 05:12 GMT April 6, 2004 Reply   
van Gecko good advice have a good one. GT

van Gecko 05:10 GMT April 6, 2004 Reply   
"Ching Ming/Full moon battle of Euro 1.2000" in progress.. opposing dollar camps are having a rare Asian dog fight here..
Euro 1.1980 Usd/chf 1.3100 lines are tough nuts to crack on a 1st assault basis.. Sons Of Beatrice targeting 1.1800 may need to re-grouph from higher grounds..
Cheerios..

hk ab nz 0.6 05:07 GMT April 6, 2004 Reply   
what's the intention for this intervention?

telling all of us that now Jap sans become smarter than ever in this game?

hm...

Miami OMIL (/;-> 04:54 GMT April 6, 2004 Reply   
KL KL 04:49 GMT April 6, 2004
There are no free rides if you hang on to the tail pipe of the racing car you could get burned. Wait till the smoke settles before you get into these vicious pairs IMHO. GL GT

KL KL 04:49 GMT April 6, 2004 Reply   
OMIL, ML...isn't it a good time then to short gbpjpy and eurjpy at amazing high level??

mysore nagraj 04:49 GMT April 6, 2004 Reply   
EUROPEAN CENTRAL BANK ECB in crisis as rate cut blocked by revolt (The Telegraph)
Monday, April 5, 2004

The European Central Bank faces a crisis as German and French governors battle for the soul of the institution, paralysing monetary policy at a critical juncture and badly shaking market confidence.

Senior officials have told The Telegraph that emergency rate cuts ´promised´ by the ECB's president Jean-Claude Trichet were blocked last week in an unprecedented revolt by the bank's governing council. Analysts were caught off balance last week when ECB defied mounting pressure from politicians to respond to grim figures from Germany, France, Italy and Holland.

The refusal to act prompted a furious protest from business groups across the eurozone. ´It seems like Europe is interested only in holding up the walls of the house, without noticing that inside flames have already reached the second floor,´ said Italy's Confindustria.

EU sources said Mr Trichet had pledged a rate cut to Europe's political leaders but faced unexpectedly stubborn resistance from German and Dutch colleagues. Mr Trichet and his allies had signalled a rate cut through a ´softening-up´ campaign in the media, while key national capitals were reassured that monetary policy would at last be loosened.

The campaign was accompanied by a leak of internal ECB documents forecasting a sharp fall in the inflation rate next year to 1.3pc, clearing the way for rate cuts.

Mr Trichet's less than subtle campaign infuriated a bloc of hardliners led by Germany's Bundesbank, who resented the way the ECB was being ´bounced´ into rate cuts. Officials say Germany's Otmar Issing and Holland's Nout Wellink orchestrated a counter-coup, insisting that the ECB could not let itself be ´pushed around by governments´.

Their concerns reflect complaints from Bundesbank staff that the ECB is being politicised by Mr Trichet, who is considered too close to the French government. Ernst Welteke, the Bundesbank president, was instructed by his council to resist moves towards a ´laxist´ monetary policy, even though he personally favours immediate rate cuts to stave off a double-dip recession in Germany.

A top EU official warned that the political battles within the ECB have reached the point where they are seriously compromising policy. ´They are playing a very dangerous game. The eurozone needs much lower rates right now,´ he said.

´It is already the slowest growing economy in the world, but consumption here must grow faster than the United States if we are to correct the massive imbalances in the world economy and avoid a hard landing.´

Minneapolis U-Genius 04:48 GMT April 6, 2004 Reply   
hello, does anyone have any idea why Eur/USD is not following jpy movement?
And where will EUR/usd go next? Thanks

ICT ML 04:46 GMT April 6, 2004 Reply   
What is worse...I read something earlier today that should have tipped me off this was going to happen and wasn't smart enough to plan accordingly.

Miami OMIL (/;-> 04:45 GMT April 6, 2004 Reply   
I guess somebody stuck their hands in the yen cookie jar again lol. Even if BOJ does not admitted I believe they could not help themselves to the cookie jar again IMHO.

ICT ML 04:44 GMT April 6, 2004 Reply   
That was a perfectly timed ambush on the Jap institutionals part...got to respect those guys and their surprise attacks....GBP-JPY 4 big figures in 30 mins or so...I just want to get the helll out of the market right now myself....

hk ab nz 0.6 04:44 GMT April 6, 2004 Reply   
dlr/jpy at least see 105.xx by London.

hk ab nz 0.6 04:43 GMT April 6, 2004 Reply   
damx, was away for copying for 5 mins and missed all the best.

Toronto Bogdan 04:42 GMT April 6, 2004 Reply   
ICT ML - Any reason, any news?

I don't get it - USD up against yen and down against pound and euro....

LAX-LGB SNP 04:39 GMT April 6, 2004 Reply   
USDCAD and USDCHF still far from weekly 50 MAs
still waiting to short EURUSD ... but going to go for EURJPY, GBPJPY soon

GL GT y'all :-)

Miami OMIL (/;-> 04:38 GMT April 6, 2004 Reply   
ML this could set the tempo for the rebound on eur/usd pair unless the eur/gbp starts to dump. I believe this is the push eur/usd needs for a nice rebound IMHO.

hk ab nz 0.6 04:38 GMT April 6, 2004 Reply   
YIPPEE, I would add to short rather....

hk ab nz 0.6 04:34 GMT April 6, 2004 Reply   
COOL... shorted dlr/hoy 107

ICT ML 04:34 GMT April 6, 2004 Reply   
Toronto Bogdan...it is getting dragged up by USD_JPY GBP-JPY and EUR-JPY buying like crazy

Shg. 04:33 GMT April 6, 2004 Reply   
Westpac Bank CEO David Morgan tells Trans-Tasman business circle that Australia's tightening interest rate cycle hasn't ended; "my best guess is...that we haven't seen the end of this round of tightening yet, Morgan tips "one more notch" before tightening cycle (reuters)

Toronto Bogdan 04:31 GMT April 6, 2004 Reply   
Anyone knows what's with those movements of the dollar? (i'm watching it against BGP & Euro).

ICT ML 04:30 GMT April 6, 2004 Reply   
what you thinkig now?...with eur-gbp getting hammered non-stop lately?

NYC YIPPEE 04:29 GMT April 6, 2004 Reply   
Was stopped at 85.

ICT ML 04:27 GMT April 6, 2004 Reply   
YIPPEE..you still long eur=usd from Yday this area?

Margahayu bdg Asti 04:26 GMT April 6, 2004 Reply   
shorted cable at 1.8247 tp. 1.8050 sl.1.8270..gl/gt

NYC YIPPEE 04:24 GMT April 6, 2004 Reply   
FWIW Stopped on all AUDJPY @ 79.80.

Will look again.....

hk ab nz 0.6 04:22 GMT April 6, 2004 Reply   
clearly now BOJ fear moved to yen crosses not dlr/jpy

hk ab nz 0.6 04:20 GMT April 6, 2004 Reply   
place dlr/jpy 107 limit sell to welcome the rocket.

hk ab nz 0.6 04:18 GMT April 6, 2004 Reply   
BOJ working? or just position squaring?

Miami OMIL (/;-> 04:17 GMT April 6, 2004 Reply   
Eur/usd is sure drilling hard to get by that support fibo line but I would not feel comfortable shorting with out at least some kind of bounce. I have the next support as being the 200dma and 62% fibo retracement line at around 1.1985-65 area. If that is taken then I see the next support coming up at the 250dma and 50% fibo retracement line at around 1.1855-35. Right now we have on a daily chart a range between the support 200dma and resistance 55dma. I would favor a bounce before I sell this pair but yesterday there was not much of a bounce at all we might have the same scenario today again. If 1.1980-85 area holds then we could see a bounce to 1.2140-45, 1.2190-95 and 1.2235-40. Good resistance is found around 1.2125-30 and 1.2190-2200 at the moment and smaller resistance around 1.2030-35, 1.2070-75 IMHO. GL GT

hk ab nz 0.6 04:15 GMT April 6, 2004 Reply   
morning sp.

looks like to me yen crosses are intercepted.

Shg 03:54 GMT April 6, 2004 Reply   
No smoke without Fire !! bullish for aud - and they probably need the money after the fiasco with the traders

HK RF@ 03:53 GMT April 6, 2004 Reply   
A fundamental one may have to watch now, is the escalating and spreading of the war between the Americans and the shiits. It was already suggested that troops may not be sent home as planned, and additional troops ,may be needed.
It all depends if the Americans can put down that resistance as soon as possible.
If not; Reminiscence of Vietnam-like war situatrion, may crop up in the minds. So for your opinions what will be the effect on the USD

Shg 03:53 GMT April 6, 2004 Reply   
Speculation that Natl Australia Bk plan to Sell UK, Irish Units ,The Financial Times reports they have for now denied the report !!

sgp sp 03:45 GMT April 6, 2004 Reply   
good morning ab.

)toronto( Dr Unken and Dr Iven Kat 03:44 GMT April 6, 2004 Reply   
cable is short , long way down , most likely we r in wave "C"
extended one

NYC YIPPEE 03:23 GMT April 6, 2004 Reply   
FWIW Scooping GBPUSD at 20.. Stop loss @ 07.. Looking for 1.8330 ++

HK RF@ 03:19 GMT April 6, 2004 Reply   
Euro (1.1860-1.1890) range looks exhuastive for the this time. 250dailyMa twinkling near .
General very bearish mood spreading also into the commodity and precious metal market . So seems someyhing, have to boot this market to this or that direction (Tech. reound may take place too).

Melbourne Qindex 03:19 GMT April 6, 2004 Reply   
USD/JPY : Current Comment.  Register with jay@global-view.com if you have no access to my page.

hk ab nz 0.6 02:52 GMT April 6, 2004 Reply   
nt// I removed the original dlr/jpy short order. may try your number 106.60.

Singapore alwaysrespectthemarket 02:41 GMT April 6, 2004 Reply   
big sellers coming in the aud now... toppish 0.7550... first obj 0.7400

Singapore alwaysrespectthemarket 02:39 GMT April 6, 2004 Reply   
See smart money bailing out of Eur at 1.2000... looks like if fails to get abv 1.2050 shud see 1.1750 sooner rather than later...

hk ab nz 0.6 02:38 GMT April 6, 2004 Reply   
v. v. interesting now. better pick other pairs rather than dlr/jpy.....

hk ab nz 0.6 02:31 GMT April 6, 2004 Reply   
eur/gbp break .66 doesn't spell good words on eur.

NYC YIPPEE 02:29 GMT April 6, 2004 Reply   
Yes.

hk ab nz 0.6 02:29 GMT April 6, 2004 Reply   
now, dlr/jpy back 105.50

been away for the whole morning.

bc// good morning and thanks for your massive help this morning!!

I am waiting to long eur 200dma.
1.19 still pending.

sp// aud/nzd strong trend pointing at least 1.18.

nyc sa 02:26 GMT April 6, 2004 Reply   
Thnx a lot Shanghai for ur advise , does anyone have a feeling that cable might bounce higher before the interest rate announcement ?

Melbourne Qindex 02:08 GMT April 6, 2004 Reply   
EUR/USD : Current Comment.  Register with jay@global-view.com if you have no access to my page.

Gen dk 02:06 GMT April 6, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

melbourne farmacia 01:55 GMT April 6, 2004 Reply   
This a NOT a call, but we might see a bounce today on euro.
Back for London open GT

wuhan player 01:38 GMT April 6, 2004 Reply   
believe eur will test1.1920 area for next 4 hours...

CAIRO AG 01:12 GMT April 6, 2004 Reply   
ML & OMIL /// Thanks friends.

ML // Will ask GEP when he s online to forward me ur e-mail.... and Thanks.

shanghai bc 00:44 GMT April 6, 2004 Reply   

SA -- Dollar short-term bias is up,so,buy on dips,say,150-200 pips dips in usd/Chf from now on..Leave the target open till market tells you it is the top,say,double top or tripple top, but make sure stop is pre-determined to suit your own a/c situation..Determine the bias,buy on dips or sell on bounce,never set profit target but wait for the market to tell you but always set stoploss amount or level to suit your own a/c situation..It is as easy as that on paper..But real trading is all about the most difficult mind game rather than words or lines game..Good trades..

ga Lee 00:44 GMT April 6, 2004 Reply   
cable=gbp/usd

spring hill lw 00:43 GMT April 6, 2004 Reply   
What is cable?

usa tom 00:42 GMT April 6, 2004 Reply   
wonder if ab's 105.5 sell order was triggered on the yen.

ICT ML 00:40 GMT April 6, 2004 Reply   
Chairo AG....get me your email through Jay or GEP or OMIL and I will send you what you need to know about eur-gbp in the coming quarter.

Cable..well all I can say is DAMNNN......my euro short is still well in the $$$ but the cable shorts fully retraced and stopped at BE today while I was away.....due to strong Eur-GBP selling is my opinion and I think we sell cable again tonight in London from 1.8250 same as last night.....maybe with a trailing stop this time instead of a target.

Melbourne Qindex 00:30 GMT April 6, 2004 Reply   
EUR/USD : Current Comment.  Register with jay@global-view.com if you have no access to my page.

Miami OMIL (/;-> 00:27 GMT April 6, 2004 Reply   
The eur/usd continues to trickle down at this time testing the well-awaited 1.1980-85 fibo line. A bounce is needed at this point to give this bear drive more strength at this point. I have no positions and a waiting for this bounce to sell in to. I believe that we are still in sell on rallies mode here. I will wait for a clearer picture before I post levels since the last one was a cat bounce on this pair IMHO. GL GT

nyc sa 00:23 GMT April 6, 2004 Reply   
good evening everybody , Shanghai , or anyone following $/CHF ,could u plz advise of a good entry point ,I missed the run unfortunately ,it was so fast that I couldn't catch it . Do u think the huge gap from friday ( 6 points since thursday ! huge ) will fill before running further ? Thnx .

spring hill lw 00:07 GMT April 6, 2004 Reply   
anyone have any thoughts on the eur/usd here

Miami OMIL (/;-> 00:01 GMT April 6, 2004 Reply   
CAIRO AG 23:58 GMT April 5, 2004
No need my friend I am a very humble person and I am simply satisfied to help others when I can. GL GT