Forex Forum Archive for 11/14/2006

Auckland peat 23:43 GMT November 14, 2006 Reply   
I dont think BOJ will hike. they seem very keen to make sure their decisions are well signposted.

From a couple of days ago.

Asked about carry trades, in which investors borrow cheaply in yen and use the funds to invest in higher-yielding currencies, Fukui said the BOJ was cautious about the risk of a sharp unwinding of the trades when the market's expectations of interest rates change.
He said the yen's low interest rates are helping to swell the carry trade and his staff is still trying to determine how big the phenomenon has grown.
"If the size is very big and expectations for (global) interest rate movements change suddenly, there are substantial risks of a sharp unwinding that could cause various distortions, so we are watching this with vigilance," Fukui said. "We need to communicate with markets to make sure they don't find our monetary policy a surprise."
The yen carry trade has been cited as a factor behind the yen's recent weakness, as players sell their borrowed yen to buy other currencies.
The yen edged slightly higher against the dollar and the euro after Fukui's comments on the carry trade, which came as the Japanese currency was trading near a record low against the euro.

dc CB 23:38 GMT November 14, 2006 Reply   
Can one apply the Theory of Displaced Misfortune to Forex?

When applied to the owership of French automoblies it is thus:

own a Renault: your wife never cheats on you.
own a Peugeot: you will inadvertantly buy the next Microsoft for
50 cents a share.
own a Citroen: your unpooled El Gordo ticket is picked.

Philadelphia Caba 22:58 GMT November 14, 2006 Reply   
sorry, post below..it's Wed, 21:00 est

Philadelphia Caba 22:47 GMT November 14, 2006 Reply   
Washington MM 21:33
BOJ Target Rate due Nov16 (Thur) at 21:00 est

St. Annaland Bob 22:46 GMT November 14, 2006 Reply   

what is the effect of nuclear Iran on the market?

Tallinn viies 22:41 GMT November 14, 2006 Reply   
mni fwiw
BULLET: EURO SUMMARY: Opened at $1.2820 after $1.2802/46.....
EURO SUMMARY: Opened at $1.2820 after $1.2802/46 overnight range.
-- Euro scored modest gains to $1.2830 ahead of morning U.S. data and a
startlingly soft PPI report provided the fuel for a euro rally that
topped overnight highs, absorbing offers and finding stops in a move
that stalled briefly at $1.2860 area as reported offers capped. After
consolidating above $1.2850, euro pressed higher again before stalling
just shy of $1.2880 and then deflating slightly. Euro trickled lower,
easing to near $1.2860 area with losses accelerating through $1.2850
into the option expire hour, setting off a selling scramble that quickly
erased bids around $1.2800 as sell stops were erased. Euro based at
$1.2790 and rebounded smartly to $1.2815 before steadying inside
$1.2795/15 from mid-morning to the European close. Afternoon trade,
marked my slight dollar slippage, saw euro edge to $1.2830 before easing
back to $1.2825 by late in the day.

Provided by: Market News International

austin mw 22:12 GMT November 14, 2006 Reply   
usa bay 22:02 GMT November 14, 2006
austin mw,

what now for eur/usd, closed below 10. thx
==
imvho i would stay on the sidelines for now.. look to sell any rallies or if you can longs from hear with stops just below 2800.. we are sitting right on the trendline and weekly pivot @ 2812..

us 22:05 GMT November 14, 2006 Reply   
yen /dollar going nowhere looks like boj likes it this way no matter what they say gt

usa bay 22:02 GMT November 14, 2006 Reply   
austin mw,

what now for eur/usd, closed below 10. thx

St. Annaland Bob 21:50 GMT November 14, 2006 Reply   

happy evening, exactly 6 years ago EURJPY traded under 90.

happy and safe trades!

Philadelphia Caba 21:46 GMT November 14, 2006 Reply   
NZ Retail Sales Plus 1.0% (0.8% Median)

zurich 21:46 GMT November 14, 2006 Reply   
good data from nz

LKWD JJ 21:35 GMT November 14, 2006 Reply   
significant damage done to daily cable chart today. closing near 20ma

Washington MM 21:33 GMT November 14, 2006 Reply   
Does anyone know what time the BOJ will announce tonight? Anyone anticipating a rate increase?

Sydney ACC 21:23 GMT November 14, 2006 Reply   
Philadelphia Caba 21:17 GMT November 14, 2006
Retail sales due in 25 minutes which may give it another kick along.
AUD/NZD has been looking good over the last several days, seems to be in a strong uptrend channel presently.

The Netherlands Purk 21:17 GMT November 14, 2006 Reply   
bonjour là maxxim, tout bien ?

Philadelphia Caba 21:17 GMT November 14, 2006 Reply   
RBNZ Says NZD Value High Relative to Fundamentals

AMS MAXXIM 21:12 GMT November 14, 2006 Reply   
si signor i see the gap rickshaw lit
http://babelfish.altavista.com/

The Netherlands Purk 21:03 GMT November 14, 2006 Reply   
Well well, e/j creeping to te lows of the day. We have seen this before, but not decided yet. Still an hour to close from where i am sitting. Normally we have to see lower than the low tomorrow when this happens. Strange day really. We had a move 15134-15080ish and straigt back to 15121 and just when i thought we where going to see new high we got back to 15056, goodie goodie. Keep an eye on that 15055...

austin mw 21:03 GMT November 14, 2006 Reply   
would be nice if USD caught bid like the equity mkts

Singapore GFX 21:02 GMT November 14, 2006 Reply   
Maxxim,

Sorry again, dont understand, please clarify and sorry for my ignorance. TIA

AMS MAXXIM 21:00 GMT November 14, 2006 Reply   
Singapore GFX 20:14 GMT November 14, 2006

Bollingerbands du jour vingt for a target. GL amis

UK Alex 20:25 GMT November 14, 2006 Reply   
Today's close is going to be below yesterday's close, so daily candles are not bullish. This is why I said we may go lower tomorrow.

AMS MAXXIM 20:23 GMT November 14, 2006 Reply   
Singapore GFX 20:14 GMT November 14, 2006
Maxxim,

Could you tell what isthe trend up or down and the levels for tp. thx
i will enter for a vite cinquante pépins it will be on a short entry. levels not decided on yet!

Singapore GFX 20:20 GMT November 14, 2006 Reply   
UK Alex,

My system shows low was 1.8923, so is that the low or expecting another run to those levels again. THX

UK Alex 20:18 GMT November 14, 2006 Reply   
AMS MAXXIM 20:12 GMT November 14, 2006
38.2% Fib @ 1.8925, this is where I would expect it to bounce.

Tallinn viies 20:15 GMT November 14, 2006 Reply   
GS writes:
Robert Savage
The EUR rally fizzled post 10 am –caused by better US data and the French PM warning on the EUR level. The rally to 1.2872 collapsed to 1.2790 again in less than 2 hours. The point of the EUR reversal flipping from bid to offer despite the weaker US retail sales and PPI leavesthe “give-up”theme dominate in FX. 1.28 EUR holds but 1.2860 caps it –so the range holds and volatility logical should sink back another notch. At the end of the day –the news is very mixed –for those bulls you have to argue that the continued bid to US stocks and the optimism are key –but to those bears its important to watch the deterioration of growth and the continued lack of domestic demand globally. The fact that price action today washed out the knee-jerk buying of EUR isn’t enough to kill the story that EUR will outperform the USD in the medium term. In factafter looking at the data today the EUR seems best placed to rally in comparison to Asia. The trade to watch is EUR/CAD –that combines the risk of more ECB hikes and response to oil vs. the spill-over of weak US economy onto its neighbors. The only snafu today was the ugly head of political risk in Europe stalling further EUR gains.

Singapore GFX 20:14 GMT November 14, 2006 Reply   
Maxxim,

I am sorry I didnt get you. Could you tell what isthe trend up or down and the levels for tp. thx

singapore gfx 20:13 GMT November 14, 2006 Reply   
thanks alex

AMS MAXXIM 20:12 GMT November 14, 2006 Reply   
? how Ver sail less trend is lower. gbp-usd

UK Alex 20:11 GMT November 14, 2006 Reply   
Cable's inability to overcome the 1.9135 range highs, coupled with the generally positive USD outlook suggests risk is shifting back to the downside, says Royal Bank of Scotland. Now at 1.9045, resistance comes in at 1.9050 and 1.9065, while downside a break below 1.90 will target 1.8950-30, ahead of 1.8850 and 1.8775. Says a strategy is sell at market, with a stop at 1.9150, for a target of 1.88.

This is what I'm looking at. We may go lower tomorrow, but I would be bullish if it can stay above 1.8900. A lot will depend on the Bank of England's inflation report which is released tomorrow. The FOMC minutes are also due for release, but I'm not expecting the Fed to hike rates again this year and expect them to remain in pause mode for the forseeable future.

austin mw 20:08 GMT November 14, 2006 Reply   
interesting to see no response on Fed Fisher comments

Singapore GFX 20:08 GMT November 14, 2006 Reply   
Maxxim,

Whats the view down stop 1.9029. Thanks

AMS MAXXIM 20:06 GMT November 14, 2006 Reply   
Singapore GFX
imvhop direction vers sar 1 hour 19029

Singapore GFX 19:47 GMT November 14, 2006 Reply   
UK ALEX,

What is your view on gbp/usd??? Thanks

UK Alex 19:45 GMT November 14, 2006 Reply   
PAR 16:01 GMT November 14, 2006
My point is that the BOJ doesn't intervene and it is the carry trade which is at risk should the gap between US and Japanese interest rates close by 50 bp.

AMS MAXXIM 19:40 GMT November 14, 2006 Reply   
Villepin apparently applied some verbal intervention. Quick lube Barometers allowed. You always in a hurry comment air! Qui French moxi.

Singapore GFX 19:40 GMT November 14, 2006 Reply   
Ct Cris,

Your view on cable and euro pls. tia

austin mw 19:28 GMT November 14, 2006 Reply   
austin mw 15:12 GMT November 14, 2006
closed 1/2 eur$ from 2868 @ 2815
==
closed balance 2830

HOU rj 19:20 GMT November 14, 2006 Reply   
singapore Gfx , there is chances that it can go up and show the rewersal

Singapore GFX 19:16 GMT November 14, 2006 Reply   
Tokyo Ginko,

GBP/USD will go up

HOU rj 19:15 GMT November 14, 2006 Reply   
one day in the future I will poste my live trade on short term TF , just for kick and boost my short term ego

tokyo ginko 19:10 GMT November 14, 2006 Reply   
added more short gbp/usd here. GT all

USA Zeus 19:01 GMT November 14, 2006 Reply   
USA Zeus 18:04 GMT November 14, 2006

Alright ab. first trade since switching to profit mode = 1.8966
Will let Mr roboto (domo arigato) take over from here with tight stops on the slice. Will report later.



HOU rt. Thx again. Best of trades to you!


I leave you with a Polish proverb-

Dobrymi chęciami jest piekło wybrukowane (Good intention is helll’s cobblestone) - means that good intentions don't get you anywhere without some actual effort.

All the best. GT! :-)

Poland Piotr 19:00 GMT November 14, 2006 Reply   
Sacramento,

Your name says it all. LOL

The Netherlands Purk 18:45 GMT November 14, 2006 Reply   
PLOL

Sacramento Ahnold the Governator 18:43 GMT November 14, 2006 Reply   
Poland Piotr 18:23 GMT November 14, 2006
Must be from California

You got a problem with California, girlie manski?

HOU rj 18:42 GMT November 14, 2006 Reply   
Trade the news checked up, sorry to say it is looking cheap

austin mw 18:39 GMT November 14, 2006 Reply   
USA BAY 18:25 GMT November 14, 2006
Got it MW. Thanks
=
if at NY close we are above 2810 then look to buy eur$. might actually wait to see trade above 2820 as that was a good resistance area earlier.. all imvho.. gl gt

HOU rj 18:34 GMT November 14, 2006 Reply   
thanks u for the response,
still I would say u r good , censored good beccause I was watching the market since morning and u got it
Wishing u all good luck

Global-View TTN 18:33 GMT November 14, 2006 Reply   
We have a new service to offer, Trade The News. See this LINK for info.

USA Zeus 18:29 GMT November 14, 2006 Reply   
HOU rj 18:18 GMT November 14, 2006
usa Zeus
u r good
where r u in USA


Thx for the kind words.
Am only lucky as can be wrong just as easily.
Mostly in South West area and Hawaiian islands.

GL GT :-)

HOU rj 18:27 GMT November 14, 2006 Reply   
closed the cable long for a 5 pip loss , it did not go the way I wanted

USA BAY 18:25 GMT November 14, 2006 Reply   
Got it MW. Thanks

USA BAY 18:23 GMT November 14, 2006 Reply   
Austin MW,

Your view on eur/usd please. Thanks

austin mw 18:23 GMT November 14, 2006 Reply   
Bangkok in the city of Angel... 16:33 GMT November 14, 2006
really need for eur$ to close below 2810 which puts it below that trendline.. if not then will close the rest of my short and look for the pair to test 2900 again..

Poland Piotr 18:23 GMT November 14, 2006 Reply   
Must be from California

HOU rj 18:20 GMT November 14, 2006 Reply   
me longed cable here at 60 stop loss mental and depenends

HOU rj 18:18 GMT November 14, 2006 Reply   
usa Zeus
u r good
where r u in USA

Lahore FM 18:16 GMT November 14, 2006 Reply   
Vienna GD 18:11 GMT November 14, 2006
Lahore FM 18:01 ... of course i meant "up" = a stronger jpy should be seen.

GD,Melbourne or not.higher usdjpy is what i see and mean.can be wrong.all disclaimers in place!

Syd 18:14 GMT November 14, 2006 Reply   
Pound and Aussie Positioning Remains Extreme

http://www.dailyfx.com/story/charting_center/futures_positioning_cot_report/Pound_and_Aussie_Positioning_Remains_1163513918303.html

Vienna GD 18:11 GMT November 14, 2006 Reply   
Lahore FM 18:01 ... of course i meant "up" = a stronger jpy should be seen.

Vienna GD 18:10 GMT November 14, 2006 Reply   
Lahore FM 18:01 ... did you notice g20 in melbourne this weekend ... i think they will talk down jpy across the board - not?!

USA Zeus 18:04 GMT November 14, 2006 Reply   
hk ab 10:08 GMT November 14, 2006
strangely not to see Zeus for 1 whole day.....


Ok- Can start taking GBP/USD lucky profits here @ 1.8960 from early buy @ 1.8928

Lahore FM 18:01 GMT November 14, 2006 Reply   
Vienna GD 17:55 GMT November 14, 2006
Lahroe FM ... do you still think that usdjpy will go (considerable) higher from here?

--
Yep GD,that is 100 % my sentiment on the pair.though i got in today showing a bit of impatience at 117.64,later lower prices were seen.we can see 120's pre christmas.

Vienna GD 17:55 GMT November 14, 2006 Reply   
Lahroe FM ... do you still think that usdjpy will go (considerable) higher from here?

Lahore FM 17:54 GMT November 14, 2006 Reply   
entred fresh long usdcad 1.1385,stops at 1.1305.

Pecs Andras 17:39 GMT November 14, 2006 Reply   
Thanks John and iw

LKWD JJ 17:37 GMT November 14, 2006 Reply   
here you are had the same question earlier nothing else to hang hat on!!

Forex - Dollar rises back up on strong US confidence survey - 2006-11-14 17:18:35

LONDON (AFX) - The dollar rose back up against the euro, reversing its earlier losses as a strong US consumer confidence measure offset weak PPI data earlier in the day.
The dollar had fallen sharply after weak US producer prices and retail sales figures earlier today, but rose back up again on news that the IBD/TIPP Economic Optimism Index rose 3.3 points to a 22-month high of 55.7.
Jamie Coleman at Thomson IFR Markets said the euro is "suffering from a serious case of whiplash" against the dollar after rallying to 1.2871 usd before sliding back to 1.2693 "following upbeat consumer confidence figures".
Prices have since stabilised just above the 1.28 level after reports of central bank demand on dips, he added.
Market players are also awaiting speeches by several Federal Reserve officials later today, he said.
Data released earlier showed the Producer Price Index, which measures inflation pressures before they reach the consumer, fell 1.6 pct last month, the largest drop since October 2001. Further data also showed that US retail sales fell by 0.2 pct last month as a result of lower petrol prices after a downwardly revised decline of 0.8 pct in September.
Elsewhere, the pound also reversed all of its earlier gains against the dollar, taking it to 18-day lows against the currency, while against the euro it fell to one-month lows.
The UK currency has been on the back foot since this morning's key inflation report, which showed the annual CPI rate remained at 2.4 pct, well below forecasts for a rise to 2.6 pct because of the effects of a hike in university tuition fees.
The news diminished market expectations that the Bank of England will raise the cost of borrowing again next year. The key event in the UK, however, will come tomorrow when the Bank of England presents its latest forecasts for growth and inflation in its quarterly inflation report.

London 1701 GMT London 1415 GMT

US dollar
yen 117.71 up from 117.35
sfr 1.2446 up from 1.2398
Euro
usd 1.2813 down from 1.2862
stg 0.6762 unchanged
yen 150.83 down from 150.85

USA TH 17:37 GMT November 14, 2006 Reply   
Pecs Andras 17:31 GMT November 14, 2006
Would somebody reply please!

Hi Guys:

I was busy this afternoon. can anybody help me?
USd data were bad, so I understand the dollar slide in the early US session. But what happened later that made dollar rally?
TIA

************

If you try to trade on the news you will lose most of the time. Dollar losses had been overextended over the last few days. So when the news came out, the dollar bears tried one more time to extend dollar losses but since it is close to being overextended, it ran out of momentum and reversed.

Lahore FM 17:34 GMT November 14, 2006 Reply   
Lahore FM 19:12 GMT November 8, 2006
usdcad now 1.1290 may well trade 1.1750 pre christmas.

--------------------------
the deal is real and still on.now stops at 1.1260 for the trade target of 1.1700+.

GVI john 17:34 GMT November 14, 2006 Reply   
Andras- It was the comments earlier from Villepin. See the various headlines courtesy PAR

Helsinki iw 17:33 GMT November 14, 2006 Reply   
Andras, if you scroll down you'll find that Villepin apparently applied some verbal intervention. Obviously talk is cheap, so if the markets want to test him there wont be much in the way.

Pecs Andras 17:31 GMT November 14, 2006 Reply   
Would somebody reply please!

Hi Guys:

I was busy this afternoon. can anybody help me?
USd data were bad, so I understand the dollar slide in the early US session. But what happened later that made dollar rally?
TIA

Lahore FM 17:30 GMT November 14, 2006 Reply   
Sofia Kaprikorn 17:05 GMT November 14, 2006
so the real battle is with the self i guess not the market as it is generous to many but later self goes on an awful auto pilot that turns out to be the nemesis or undoing.

Lahore FM 17:24 GMT November 14, 2006 Reply   
Singapore gfx 17:20 GMT November 14, 2006

look at Cad's posts.he is making some nice calls there.

Lahore FM 17:22 GMT November 14, 2006 Reply   
PAR 17:14 GMT November 14, 2006
Yep,he did sound like a Japanese politician there.

PAR 17:20 GMT November 14, 2006 Reply   
Contrary to Germany other European countries like France,Italy, Greece and Spain have a long history of competitive devaluations.

Singapore gfx 17:20 GMT November 14, 2006 Reply   
Lahore Fm,

What about eur/usd pls. thanks

GER ad 17:16 GMT November 14, 2006 Reply   
Remark such: “FRENCH PM CALLS FOR FX POLICY THAT TAKES INTO ACCOUNT GOALS OF GROWTH, JOBS, PROTECTING INDUSTRY” could be seen as early electoral campaign partially.
Will be very difficult to change ECB goals.

PAR 17:14 GMT November 14, 2006 Reply   
What Villepin basically is saying is lets do like the Japanese and manipulate our currency to the advantage of our corporation§

Pecs Andras 17:14 GMT November 14, 2006 Reply   
Hi Guys:

I was busy this afternoon. can anybody help me?
USd data were bad, so I understand the dollar slide in the early US session. But what happened later that made dollar rally?
TIA

Lahore FM 17:13 GMT November 14, 2006 Reply   
london mamun 17:11 GMT November 14, 2006
1.8990 to 1.882040 over remainder of the week.would prefer longs from down there.

london mamun 17:12 GMT November 14, 2006 Reply   
may i have your mid term view on gbp/$* pls.

london mamun 17:11 GMT November 14, 2006 Reply   
Lahore FM
may i have your mit term view on gbp/$* pls.

Sofia Kaprikorn 17:05 GMT November 14, 2006 Reply   
Lahore FM //
well - maybe I posted before but after I made 3 consecutive times 2005 return of my account I became too self assured and started doing all the typical mistakes I have read everywhere - traded very big positions, didn't use SL, after the first losses didn;t stop but tried to make for them by again excessive risk trading and after all I lost the whole account I made... but I look from the light side :-) it;s not the first time...

Vienna GD 17:05 GMT November 14, 2006 Reply   
Lahore FM 16:52 ... thx for the explanation ... see ya at eurusd 1.10 ... (;) ggg

UK Alex 17:01 GMT November 14, 2006 Reply   
1653 GMT [Dow Jones] The dollar pared some of its earlier losses against the euro Tuesday, traders say, on the back of comments from French Prime Minister Dominique de Villepin, who called for greater collaboration among euro-zone monetary authorities to manage the euro exchange rate. "The threat of a politicalization of euro policy spooks the market," noted Marc Chandler, global head of currency strategy at Brown Brothers Harriman in New York.

Lahore FM 16:54 GMT November 14, 2006 Reply   
Sofia Kaprikorn 16:43 GMT November 14, 2006
was it indiscipline or just got stopped one time too many?anyways,best of luck!pleasure to have you here.

Sofia Kaprikorn 16:54 GMT November 14, 2006 Reply   
Bangkok in the city of Angel... 15:40 GMT November 14, 2006
Rumors about some CE wiping out STP on carry trade...

oh - excuse me, I was asking because I couldn't read the "CE" and "STP" so I was interested what is the rumor about - I didn't ask for some B/S reason - pls clarify them for me?

Lahore FM 16:52 GMT November 14, 2006 Reply   
Vienna GD 16:29 GMT November 14, 2006
GD,some of the time it is just that if we use 1 hour or 2 hour chart a certain currency is at a different stage of its cycle vis a vis USD and that is exactly what causes the Croos trades' swings.until yesterday Aussie was at the weakest point in cycle but today it has swung higher gaining against eur and gbp and some other currencies on crosses.

we can always have a general idea of the stage of a cycle for one pair by using the same techs and same time frame for comparative analysis and then checking other pairs on the same time frames.

Sofia Kaprikorn 16:43 GMT November 14, 2006 Reply   
Lahore FM //
thanx man - nice words
I lost my last account so I was out for some time and will be soon again trying.. and will post here more often..
all the best to you FM!

ban cad 16:37 GMT November 14, 2006 Reply   
Lahore FM: LOL, gulp, I could never stomach a stg/yen reload. The price action has put me off my dinner.
Goodnight :)

Vienna GD 16:36 GMT November 14, 2006 Reply   
Lahore FM ... what do you think why audusd is still that strong in comparision with the other usd pairs?

Bangkok in the city of Angel... 16:33 GMT November 14, 2006 Reply   
Lahore FM 16:30 GMT ~ agree with the view...

UK Alex 16:31 GMT November 14, 2006 Reply   
Saturday, November 11, 2006

TOKYO (Nikkei)--About 30% of private-sector economists say the Bank of Japan will hike interest rates in December, according to a November economic forecast survey released Friday by the Economic Planning Association.

Of the 36 economists polled by the Cabinet Office affiliate, 11 of them, or 30.6%, see a rate hike occurring in December, two more than the number who said so in the previous survey last month. Meanwhile, seven economists anticipate a hike in January, while six project an increase in February.

Two-thirds of respondents now expect a rate hike sometime between December and next February, compared to the slightly more than 50% in the prior survey.

As for economic growth, the economists cited an average forecast of 2.31% on a real basis for fiscal 2006, down 0.15 points from the last survey. The average projection for nominal growth fell 0.2 points to 1.92%.

The Economic Planning Association polled the economists between Oct. 27 and Nov. 6.

Lahore FM 16:30 GMT November 14, 2006 Reply   
Vienna GD 16:29 GMT November 14, 2006
just an idiomatic(idiotic)expression!majors will weaken further against USD in the week ahead.

bne cad 16:30 GMT November 14, 2006 Reply   
Lahore: Nice posse on your short bullion. 600 looks so easy from here. GT

USA Zeus 16:29 GMT November 14, 2006 Reply   
USA Zeus 15:43 GMT November 14, 2006
Added .24

USA Zeus 15:40 GMT November 14, 2006
Long GBP/USD 1.8932.

Ave = 1.8928.

Was tHinking that I never Know the outcome in advance of any trade but as I slice out will dedicate the lucky gains to my new friend who has missed me for the last few and will write his nAme on a golf Ball and stick it on the shelf next to Bob and Scarface.

Will go now before the wolverines come looking for a lucky winner to chew on.

Adios

Lahore FM 16:29 GMT November 14, 2006 Reply   
general laudry=general laundry

Vienna GD 16:29 GMT November 14, 2006 Reply   
Lahore FM 16:26 GMT November 14, 2006
USD will do a general laudry of most majors and minors including precious metals in the week ahead.

FM, pls what means "a general laudry of most majors ..."?

Lahore FM 16:28 GMT November 14, 2006 Reply   
bne cad 16:25 GMT November 14, 2006
yep a nice reload possible.
am long from earlier in us session 222.95,thinking of loading up more.

Lahore FM 16:26 GMT November 14, 2006 Reply   
USD will do a general laudry of most majors and minors including precious metals in the week ahead.

bne cad 16:25 GMT November 14, 2006 Reply   
STG/YEN is at support now, hourly looking like a morning star formation, cable should find find support here, and back to 1.8980 from here.

Van jv 16:24 GMT November 14, 2006 Reply   
Como Perrie////Many thanks for your comments, appreciated.
as for gold , will lower CL manage to keep it from going higher?
GL

Lahore FM 16:24 GMT November 14, 2006 Reply   
Bne Cad 16:21 GMT November 14, 2006
nice calls,certainly worth a diet coke!

Bne Cad 16:21 GMT November 14, 2006 Reply   
And you owe me a diet coke!
Bne Cad 10:29 GMT November 14, 2006
I've revised my view here on the euro, the hourly trend line from the 5th is still intact and can get 1.2870, otherwise the line breaks down under 1.2810

Bangkok in the city of Angel... 16:19 GMT November 14, 2006 Reply   
Como Perrie ~ if the rumor is true, than we will see yen going side way and EUR GBP AUD going down... Interesting thinking, total opposite with bull trend for what we have right now... I may need to do some more homework on this....

Madrid mm 16:19 GMT November 14, 2006 Reply   
fwiw

A group of traders affected by the censored closure have set
up a Web site through Yahoo Finance so customers and other
interested parties can stay up to date on the happenings. The
page can be found at www.refcofxaccountholders.com.

bne cad 16:16 GMT November 14, 2006 Reply   
Watch cable candle at close today, cable can get 1.88 this week. STG/YEN selling off here (although bull trend still intact) imo

Lahore FM 16:12 GMT November 14, 2006 Reply   
Sofia Kaprikorn 15:51 GMT November 14, 2006
Good day!hope you are all very well.long time no see!

gtgl!!

hong kong seek 16:10 GMT November 14, 2006 Reply   
nt--average bot gold at 625 ..and cut loss at 620..lost @5 in 10 mins

bne cad 16:09 GMT November 14, 2006 Reply   
The price action over the past 2 hours just goes to show how day trading is a mugs game. Either way, short or long your laundry for stop flushes. Hence the advantage of positional traders.
Odds are for 1.2742 fib, just close your eyes and ignore the gut churning roller coaster whip lash in between.

Lahore FM 16:09 GMT November 14, 2006 Reply   
Lahore FM 14:57 GMT November 14, 2006
short gold 629.00,no stops for now.

------------------------------
Out of half at 620.90 for 8.10 dolls.

Bangkok in the city of Angel... 16:02 GMT November 14, 2006 Reply   
Sofia Kaprikorn ~ its just rumor... you may want to stick with the tech... and forget about any figue... flow with the market for what you see, not what you want... GL GT

PAR 16:01 GMT November 14, 2006 Reply   
Maybe BOJ intervention to prevent unwinding of carry trades .

hong kong seek 16:01 GMT November 14, 2006 Reply   
what's wrong with gold ??

Como Perrie 15:52 GMT November 14, 2006 Reply   
Uh almost forgot and maybe that magical 1.2777? eurusd

Sofia Kaprikorn 15:51 GMT November 14, 2006 Reply   
Bangkok in the city of Angel... 15:40 GMT
excuse me - can you elaborate a bit more pls?

Como Perrie 15:50 GMT November 14, 2006 Reply   
Bangkok in the city of Angel... 15:40 GMT November 14, 2006
It s from end of august they do that, at slices o.c.

bi again.

PS tks Zeus, I'll relax a bit keeping an eye onto the kiwi 655 or so key sup. Which by thumb shd equal to some .7580/70 aussie and your least level approx talking...bi now

USA Zeus 15:43 GMT November 14, 2006 Reply   
Added .24

London JBS 15:41 GMT November 14, 2006 Reply   
I will add Nov IBD/TIPP Economic Optimism released at 55.7 vs Oct 52.4, right at the time we were trading at intraday London and NY lows.

USA Zeus 15:40 GMT November 14, 2006 Reply   
Long GBP/USD 1.8932.
Will add every 5 pips lower to 1.8870

Bangkok in the city of Angel... 15:40 GMT November 14, 2006 Reply   
Rumors about some CE wiping out STP on carry trade...

UK Alex 15:39 GMT November 14, 2006 Reply   
LONDON (Dow Jones)--A slowdown in economic growth during the third quarter may signal that euro-zone interest rates won't rise beyond 3.5%.

Gross domestic product in the 12-member currency union increased by 0.5% on the quarter, below forecasts of a 0.7% gain and below the 0.9% rise registered in the second quarter of 2006, Eurostat reported Tuesday.

The slowdown was broadly based, with the exception of Spain where activity remained strong. French and Italian data were particularly poor, with French GDP not expanding at all in the third quarter and the Italian growth rate halved to 0.3%.

That may encourage the European Central Bank "to take a breather from hiking interest rates in early 2007, while it sees how growth and inflation will pan out," said Howard Archer, chief European economist at Global Insight, a U.K.-based consultancy firm.

The ECB, citing risks to price stability from ongoing above-trend growth in the euro area, has signaled that it will raise its benchmark interest rate to 3.5% in December from 3.25%.

But higher taxes, particularly in Germany where value-added tax will go up to 19% from 16% in January, threaten to undermine the euro-zone's economic recovery next year.

German business expectations also surprised on the downside. ZEW, the Mannheim-based think tank, said Tuesday that its expectations index fell for the 10th straight month in November, to -28.5 from -27.4 in October, hitting its lowest level since March 1993 and defying forecasts that it was finally ready to bounce back a little. A reading below zero signals that more analysts are pessimistic than optimistic about Germany's economic outlook.

But the disappointing data don't mean that the economic growth will fall of the cliffs, economists said.

"The underlying economic performance is much more robust than today's data releases may indicate," said Holger Schmieding, Bank of America's chief European economist.

For one, upward revisions are a distinct possibility. The national statistics offices in Germany, Italy and the Netherlands all revised up their second-quarter growth data. The Federal Statistics Office said Tuesday that German GDP rose by 1.1% in April-June, above the 0.9% increase previously reported.

As French GDP growth was a galloping 1.2% on the quarter, economists are happy to brush off the variations as due to short-term volatility of no enduring importance, somewhat like the euro-zone's statistical slowdown in the fourth-quarter last year. Smoothing out the growth rate from March through September leaves both France and Germany growing well above trend.

"It is the seventh quarter in a row with an increase in (German) GDP," said Andreas Rees, Unicredit's chief German economist. "This steadiness is impressive by historical standards... Even during the heyday of 1999-2000, there were quarters with shrinking activity," Rees observed.

Euro-zone growth data were "less disappointing than at first glance," said Edward Teather, an economist at UBS.

"The ECB is likely to look through weak third quarter growth data," noted Leo Doyle, a European economist at Dresdner Kleinwort. The region's economy is likely to perform "as good, or better" in the fourth quarter of 2006 than in the third quarter, Doyle said.

Most economists agree, meaning the euro-zone economy is on course to achieve a full-year expansion of as much as 2.7%, the best result sine 2000.

According to Merrill Lynch, U.K. GDP will rise by 2.6% in 2006, while U.S. GDP will increase by 3.2% and Japanese GDP by 2.5%.

But the outlook for 2007 is more modest.

"We believe the U.S. slowdown will bite more than currently anticipated," said Luigi Speranza, an economist at BNP Paribas. "This will take the ECB by surprise, leading them to change their tone. But for this to happen we will have to wait until next year."

Como Perrie 15:39 GMT November 14, 2006 Reply   
Oh well actually 10 minutes later :)) sry for some joking ...taking a pause before the last major duties here...

have a good one out there and bibi

Como Perrie 15:37 GMT November 14, 2006 Reply   
Hey GVI John, I said that before that Villepinus quack box

Como Perrie 14:44 GMT November 14, 2006
ECB reserves fell to 152.1bln week ended nov 10, as from over 200 bios as from the ECB start.

Global-View GVI 15:35 GMT November 14, 2006 Reply   
Posted on GVI:

GVI john 14:35 GMT November 14, 2006
PAR 14:34 GMT November 14, 2006
Dominique de Villepin, French PM "Euro forex level can 't be left to ECB ".

NY NH 15:32 GMT November 14, 2006 Reply   
What caused the sell off in Eur/usd? Talk of Villepin comments that Eur/usd rate should not be left to ECB?

Como Perrie 15:29 GMT November 14, 2006 Reply   
USA Zeus 15:24 GMT November 14, 2006
Thanks to you. So far you are fare better than me, short term particularly. Also me not really pure trading approach. Have a good one. Watch 39 oil large term too, think am good there looking from more than a month now.

Bangkok in the city of Angel... 15:27 GMT November 14, 2006 Reply   
for CHF all long STP move to 1.2431~ TP now move to 1.2495~ GL GT

The Netherlands Purk 15:26 GMT November 14, 2006 Reply   
Ok, now e/j is below the low, nice. Now i will await the movement for an hour to see if we can get lower than 15055 and stay there...

Zurich gm 15:26 GMT November 14, 2006 Reply   
U.K.J.B.

Great trades again J.B.

USA Zeus 15:24 GMT November 14, 2006 Reply   
Como Perrie 15:14 GMT November 14, 2006
Thanks for your views Perrie. :-)

Gen dk 15:24 GMT November 14, 2006 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

shanghai beyond_destiny 15:21 GMT November 14, 2006 Reply   
long usdsgd, 2, 1.5555 t/p 1.5888

short euraud, 2, 1.6761 t/p 1.645

short eurchf, 2, 1.5948 t/p open

It seems time of reverseal of many pairs. However, I'm opted to stay away from USD majors as it could be limited tech correction in mid-term. Need double top of euro at 1.29 to comfirm... Tracement of SGD is long due and 1.60 is possible to reach with intervention...

Lahore FM 15:19 GMT November 14, 2006 Reply   
U.K. J.B 15:16 GMT November 14, 2006
three cheers!i was just thinking of your post from thursday.it seems jpy crosses unwound as if on cue today.

St. Annaland Bob 15:18 GMT November 14, 2006 Reply   

let's see if USDJPY towards the day's low will drag EURJPY for the ride to the black hole, market will answer soon.

U.K. J.B 15:18 GMT November 14, 2006 Reply   
euro/aud trade from 1.6482 sq. also +300

Bangkok in the city of Angel... 15:17 GMT November 14, 2006 Reply   
closed EUR1.2821 short on 95~ still holding 1.2779short... will short EUR again on higher ground.... for CHF buy still holding....

U.K. J.B 15:16 GMT November 14, 2006 Reply   
U.K. J.B. 21:10 GMT November 9, 2006
Lets not get carried away with all this stale news re China etc. It has been going on for years. Euro/yen 7 years ago was arouind 90 do we really want to be sucked into establishing a lonng euro/yen position 151+ for 160 . I dont think so.

Authorities etc will start to quietly announce certain developments for the tail enders. These guys have been playing with the market. Just ask the next taxi driver that comes a long...imvho gl + gt Pick your r/r levels.

Patience my friends, patience

Como Perrie 15:14 GMT November 14, 2006 Reply   
USA Zeus 15:12 GMT November 14, 2006
If the drilling gets tough I guess 1.8850 or so

London HC 15:13 GMT November 14, 2006 Reply   
What's the news?

San Juan Lil 15:12 GMT November 14, 2006 Reply   
My system has me long $chf again and this time it really feels like a bottom doesn´t it...

USA Zeus 15:12 GMT November 14, 2006 Reply   
Will GBP/USD find support here near 1.8935?

Lahore FM 15:12 GMT November 14, 2006 Reply   
partially closed 1.6807 short euraud and 1.6757 short in full at 1.6740 for 67 pips.

austin mw 15:12 GMT November 14, 2006 Reply   
closed 1/2 eur$ from 2868 @ 2815

Como Perrie 15:11 GMT November 14, 2006 Reply   
As a friend of ours ofteen says, this is drilling time (at least I guess so). lets see 1.894 area for cable what happens

Lahore FM 15:08 GMT November 14, 2006 Reply   
closed 1.2409 long usdchf in part at 1.2437 for 28 pips.

Bangkok in the city of Angel... 15:08 GMT November 14, 2006 Reply   
add short more EUR1.2821~~~ still looking EUR on the down trend... GL GT

Lahore FM 14:57 GMT November 14, 2006 Reply   
short gold 629.00,no stops for now.

Madrid mm 14:55 GMT November 14, 2006 Reply   
UK Alex 14:42 GMT November 14, 2006
it means
"I do not liketo share power."
De Villepin and his friend Junker like to play the blaming game !!!!
8-)

UK Alex 14:53 GMT November 14, 2006 Reply   
"The strength of the euro is a key issue for all industries as well as the aerospace industry," Villepin said.

"We need to bring together all our capabilities to work out an overall strategy" for dealing with the euro's strength, Villepin said.


Discontent is spreading, first the auto manufacturers and now aerospace...

Como Perrie 14:52 GMT November 14, 2006 Reply   
Some minor squaring up - intra profiting at current levels make this mid Us morning maybe good for a coffee pause. Even if doubt the cable to go anywhere else much distant before prints into 1.8970 at least.

7-11

austin mw 14:50 GMT November 14, 2006 Reply   
London Gooner 14:45 GMT November 14, 2006
well I am with the eur$ short as am short from 2868

Como Perrie 14:50 GMT November 14, 2006 Reply   
Nymex oil has a key intermediate sup around the 57. My large term target stays at 39.

Como Perrie 14:48 GMT November 14, 2006 Reply   
Cable shd hold key 1.8945 support

London Gooner 14:45 GMT November 14, 2006 Reply   
austin mw 14:29 GMT November 14, 2006

Thanks mw. Have shorted EURUSD at 1.2866 - Reckon that we're gonna stall and enter 5th wave decline on 4H under the larger daily wave count pressure down which implies we need back to 1.2500 again from 1.2900. Intially looking for 1.2750 area then 1.2500.
I am also preparing to long USDJPY at 117.05 if seen - The 4H chart displays very good falling wedge with -e- at 117.05 area before trying at 118.60/119.05

Dublin Flip 14:44 GMT November 14, 2006 Reply   
It isn't. It's left to the markets.
Or maybe some people don't believe in them.

It's a bit like believing in Democray and having one's leaders elected. I don't think Mr De Villepin has ever stood in an election has he??

Como Perrie 14:44 GMT November 14, 2006 Reply   
ECB reserves fell to 152.1bln week ended nov 10, as from over 200 bios as from the ECB start.

UK Alex 14:42 GMT November 14, 2006 Reply   
LAUNAGUET, France (Dow Jones)--French Prime Minister Dominique de Villepin Tuesday called for greater collaboration among euro-zone monetary authorities to manage the euro exchange rate.

"We can't let the ECB (European Central Bank) act alone," Villepin said in a meeting with French aerospace suppliers.


Interesting statement, but what does he mean?

Lahore FM 14:36 GMT November 14, 2006 Reply   
long gbpjpy small 222.95.stops at 40.

PAR 14:34 GMT November 14, 2006 Reply   
Dominique de Villepin, French PM "Euro forex level can 't be left to ECB ".

Dublin Flip 14:33 GMT November 14, 2006 Reply   
Bottom line is that in volatile markets intrest rate differentials mean very little (like high PEs in stock markets) but when we have low volatilty ranges they again become valid because time again is major valuing factor. FX Volatilty has been coming lower for quite a while now. It depeneds whether one expects to extrapolate into the future the controlled range bound market or whether one thinks we are at the mature stage of it.

austin mw 14:29 GMT November 14, 2006 Reply   
Gooner, nice call on GBP.. Wish I had packed a bag and joined the ride.. gl gt

Dublin Flip 14:27 GMT November 14, 2006 Reply   
In the eighties the Japanese were conned at the Plaza Accord and they spent the subsequent years myopically preoccupied with arresting Yen strength. Instead of focusing on the booming economy and raising rates the BOJ focused on the currency and cut them. This mistake turned encouraged multible Asset Bubbles and capital from around the globe was sucked into it's vortex and the low intrest rates were infact counter-productive and encouraged mania like Yen strength. The Japanese have been trying to recover from those massive mistakes ever since.

In the ninties the Aussie dollar (like all the asians) went into free-fall. Many expected and demanded the RBA to raise rates to protect the currency but MacFaralane instead cut them to protect the economy. They believed once the crisis receded the currency would return to old well worn value levels. The economy fared much better than expected and MacFaralane was adjudged a genius.

Two stories to showing the worst and best in Central Banking.

PAR 14:17 GMT November 14, 2006 Reply   
As long as interest rate spread is in excess of 300 basis points Japanese outflows will continue according to ML . So one hike by BOJ even if 50 basis points would not make much change .

Bangkok in the city of Angel... 14:13 GMT November 14, 2006 Reply   
add more CHF long here 1.2389~~~ all STP move to 1.2370~~~ GL GT

UK Alex 14:09 GMT November 14, 2006 Reply   
UK Alex 14:07 GMT November 14, 2006
Correction: Black Wednesday was in 1992.

UK Alex 14:07 GMT November 14, 2006 Reply   
PAR 13:52 GMT November 14, 2006
I agree, I'm saying they're not the primary tool. They should be used as a last resort and as demonstrated by the UK's Black Wednesday in 1993 raising them can be totally ineffective. Checking the exchange rate is part of monetary policy anyway.

Fukui is more concerned about a rapid unwinding of the carry trade and this is why he keeps reiterating that there will be a 'gradual' tightening.

Bangkok in the city of Angel... 14:05 GMT November 14, 2006 Reply   
long CHF 1.2392 from here, TP1.2475~ STP25pip

hk ab 14:02 GMT November 14, 2006 Reply   
is kiwi showing any sell signal?

CT Cris 14:02 GMT November 14, 2006 Reply   
we can buy cable now for 20 pips19027

tokyo ginko 13:56 GMT November 14, 2006 Reply   
sold gbp/usd here for target 1.8860, s-l 40 pips from here

London Gooner 13:55 GMT November 14, 2006 Reply   
London Gooner 13:03 GMT November 14, 2006
Cable appears to be in 5th wave correction from 1.9178 - positive divergence on 1H & 15 mins favour being long with s/l just below 1.8940 for bounce target 1.9050

Longed 1.8971 for now.
*
Took profit 1.9021 - Both GBP and EUR gapped post data. May cause retraction to 18980 ams 12830.

Lahore FM 13:55 GMT November 14, 2006 Reply   
bought usdchf 1.2409,1.2370 for stops.

UK Alex 13:53 GMT November 14, 2006 Reply   
1345 GMT [Dow Jones] The dollar is weaker early Tuesday after U.S. retail sales and producer prices data were both viewed as dollar-negative. Alan Ruskin at RBS Financial said traders were looking at the downward revision to September's retail sales data, and said while October's figure was near expectations, consumer spending hasn't picked up the way one would expect given the fall in gas prices. Recently, the euro stood at $1.2856 from $1.2806 late Monday, while the dollar was at Y117.40 from Y118.16, according to EBS. The euro was at Y150.93, from Y151.33 late Monday. The dollar was trading at CHF1.2404, from CHF1.2447, and sterling was fetching $1.9023 compared with $1.9011 late Monday.

PAR 13:52 GMT November 14, 2006 Reply   
Agree that interest rates alone dont define the value of a currency but e.g. if UK interest rates were equal ro Eurzone interest rates the GBP would be a lot weaker. Conclusion interest rates are an important factor in the value of a currency.

Global-View 13:42 GMT November 14, 2006 Reply   
Zug Marco 13:38 GMT November 14, 2006 - please post the source.

Gen dk 13:41 GMT November 14, 2006 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

UK Alex 13:28 GMT November 14, 2006 Reply   
PAR 13:19 GMT November 14, 2006
Reserves are for protecting (or weakening) currency, interest rates are for monetary policy. Any attempt to use interest rates to protect currency generally end in failure.

BaKu NY_666 13:25 GMT November 14, 2006 Reply   
Seems $ will fall down for today & probably tomorrow...
GL EVRBD

Gen dk 13:25 GMT November 14, 2006 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

San Juan Lil 13:19 GMT November 14, 2006 Reply   
I am long $chf but ready to stop and reverse below at 1.2395

GL everyone!

PAR 13:19 GMT November 14, 2006 Reply   
Not only Nagakawe and Tanegaka, but also Kawasaki, Suzuki, Toyota, Honda are asking for a weaker yen to expand market share.

Dublin Flip 13:14 GMT November 14, 2006 Reply   
Their comments came out a day and more ago and it was they didn't think the BOJ should raise rates yet.
Neither mentioned the yen or that the primary objective of monetary policy is "wanting/urging a weaker currency"

UK Alex 13:09 GMT November 14, 2006 Reply   
BNP Paribas:

Tomorrow, the Bank of England will publish its Inflation Report. We expect that also the central bank will signal that last week’s the repo rate will be sufficient to bring the inflation down by 2% over the two-year horizon. However, as a good central bank, it is unlikely to drop its vigilance.

Lahore FM 13:04 GMT November 14, 2006 Reply   
long usdjpy 117.64,no stops for now.

removed gbpusd orders.

Cape Town 13:04 GMT November 14, 2006 Reply   
I'm guessing that PAR was probably reading the FT.

London Gooner 13:03 GMT November 14, 2006 Reply   
Cable appears to be in 5th wave correction from 1.9178 - positive divergence on 1H & 15 mins favour being long with s/l just below 1.8940 for bounce target 1.9050

Longed 1.8971 for now.

RIC fxq 12:54 GMT November 14, 2006 Reply   
Dublin Flip 12:50 GMT

his own PARticular source it would seem!

The Netherlands Purk 12:52 GMT November 14, 2006 Reply   
hmmm 15126-15087, if 15073 is seen again pay attention...
will see where i will long or short near evening of the clogs..

Dublin Flip 12:50 GMT November 14, 2006 Reply   
PAR 09:23 GMT November 14, 2006
Nakagawa urging for a weaker yen .

PAR 09:38 GMT November 14, 2006
Takenaka also wants a weaker yen .

Any particular news service you got these from PAR??

Philadelphia Caba 12:49 GMT November 14, 2006 Reply   
Thnks Bob, thnks guys ==>

added more eur/chf short at 1.5950, s/l decent above 1.6

St. Annaland Bob 12:44 GMT November 14, 2006 Reply   

Roth speaks @ 1700 GMT

St. Annaland Bob 12:43 GMT November 14, 2006 Reply   

is it right to place SNB and BOJ at the same side? ... Roth of SNB was very clear during the past, maybe BOJ looking to harmonize their action with SNB, comments please.

Philadelphia Caba 12:38 GMT November 14, 2006 Reply   
What time holds SNB’s Roth his speech today, pls?

Como Perrie 12:11 GMT November 14, 2006 Reply   
Yes Auckland agree, call It the end of the classic nation state as we inheritated from the 18th century, and industrial dreams of ever exponential growth included madness.

AMS MAXXIM 10:01 GMT November 14, 2006
Usually do not like your posts much, as denoting a strange personality, so far if you consider what happens in reality there was a political stop of the european developing programme once referendums in some countries said europe is a NO. Time will tell o.c. since things are not an intraday madness in generel, for what we do assist here too ofteen.

See you next time if time bibi

hong kong seek 11:34 GMT November 14, 2006 Reply   
hk ab 10:28 GMT November 14, 2006
seek//buy limit now at 611.5 18 dma

looks like the daily chart needs a short rest.

loaded another 1/4 calls ..

jkt-aye 11:24 GMT November 14, 2006 Reply   
gbp magnetic price level 1.8912+1.8825 (4H), 1.9095 (1H+30M), 1.9015 (5M). gtgl

Global-View AFX News 11:23 GMT November 14, 2006 Reply   
AFX news has an excellent preview of US indicators for the week ahead. If anyone would like a sample copy, send us an EMAIL

Lahore FM 11:01 GMT November 14, 2006 Reply   
UK Alex 10:18 GMT November 14, 2006
Roger that Alex!

amended entries for long gbpusd 1.8900 and 1.8880 phased.

Syd 10:59 GMT November 14, 2006 Reply   
EUR/USD, EUR/JPY Flows - ECB Wellink :neutral rates maybe lower

Bangkok in the city of Angel... 10:59 GMT November 14, 2006 Reply   
Lahore FM ~ I am also planing to buy low for GBP, how high you see on your system is the top... on mine I see 1.94~~~~ GL GT

Bangkok in the city of Angel... 10:47 GMT November 14, 2006 Reply   
austin mw you are the man... hat off to you... TKS my friend...

Bne Cad 10:47 GMT November 14, 2006 Reply   
Nowhere here, wait for it to find support first.

UK Alex 10:45 GMT November 14, 2006 Reply   
0854 GMT [Dow Jones] Cable's inability to overcome the 1.9135 range highs, coupled with the generally positive USD outlook suggests risk is shifting back to the downside, says Royal Bank of Scotland. Now at 1.9045, resistance comes in at 1.9050 and 1.9065, while downside a break below 1.90 will target 1.8950-30, ahead of 1.8850 and 1.8775. Says a strategy is sell at market, with a stop at 1.9150, for a target of 1.88.

austin mw 10:44 GMT November 14, 2006 Reply   
Bangkok In the City of Angel 10:07 GMT November 14, 2006
Are you not happy I got you to remove your previous stop
Friday.. Am flat and waiting for US data.. I feel eur is getting weaker since 2900 but these retail sales due out hold the key
to next move.. would like to short should knee jerk reaction take it 2870/60. gt gl

bne cad 10:39 GMT November 14, 2006 Reply   
Of course the weekly double shooting star is a death trap for longs. Night all

Haifa ac 10:38 GMT November 14, 2006 Reply   
Iran's Minister of Finance Daud Da-Nesh Jaafri announced that Iran will soon switch to EURO from Dollars.
Last one to do this (and profitably, I might add,) was
Saddam Hussein.

POLAND pIOTR 10:38 GMT November 14, 2006 Reply   
BNE CAD

Where is the buy for cable, tia

Bangkok in the city of Angel... 10:34 GMT November 14, 2006 Reply   
Lahore FM ~ on my system the 1st support is 1.8924 2nd support is 1.8850 I would suggest long small on 1.8924 and long more on 1.8850...

bne cad 10:33 GMT November 14, 2006 Reply   
1.8973 is tweezer support from the 3rd and 9th low.

Bne Cad 10:29 GMT November 14, 2006 Reply   
I've revised my view here on the euro, the hourly trend line from the 5th is still intact and can get 1.2870, otherwise the line breaks down under 1.2810
cable: If this level holds, we can get back to 1.9040 and 1.9060

San Juan Lil 10:28 GMT November 14, 2006 Reply   
Zurich 22:27 GMT November 13, 2006
Hey guys, which is a better hotel in Vegas, Treasure Island or Staratosphere. TIA

Stay at the Mirage, you´ll love it!!
GL

hk ab 10:28 GMT November 14, 2006 Reply   
seek//buy limit now at 611.5 18 dma

looks like the daily chart needs a short rest.

Auckland trotter 10:24 GMT November 14, 2006 Reply   
USA TH 10:03 GMT November 14, 2006
“is anyone short eur/usd?”

I have taken profit on EUR/USD long as it has failed to break the recent resistant trendline on the 1hr 5day chart, and now have sell.

UK Alex 10:18 GMT November 14, 2006 Reply   
Lahore FM 10:12 GMT November 14, 2006
In your favour is the fact that a lot of the sterling selling was done yesterday on the back of the PPI figure. I think a slightly softer-than-expected CPI was priced in to some extent.

Lahore FM 10:12 GMT November 14, 2006 Reply   
stopped on 1.9025 long at 1.9005 for 1 pip gain.

placed long order at 1.8920.

hk ab 10:11 GMT November 14, 2006 Reply   
kiwi opens downside soon.

UK Alex 10:09 GMT November 14, 2006 Reply   
PAR 09:48 GMT November 14, 2006
It won't stop the Bank of Japan raising rates, weak consumer spending or not.

hk ab 10:08 GMT November 14, 2006 Reply   
strangely not to see Zeus for 1 whole day.....

Bangkok In the City of Angel 10:07 GMT November 14, 2006 Reply   
USA TH ~ Yes... I am... EUR should see high of 1.2850 than come down to 1.2690 in 10 days time... I shorted early at 1.2779, still holding the short... buying CHF maybe your best pick rather than short EUR right now... GL GT

Haifa ac 10:06 GMT November 14, 2006 Reply   
PAR 09:48 GMT November 14, 2006
Is there a single Japanese who wants a stronger yen ? NO .//
I know one of those 38% virgins who would like a stronger yen--to buy a Yabanji husband.

Auckland trotter 10:04 GMT November 14, 2006 Reply   
Como Perrie 09:39 GMT November 14, 2006
I would like to add for further consideration, from what I have observed. That most of those who are in areas that use money from the ‘public purse’, have no idea of how to manage their money. They are not accountable in the same way as the private sector, and if they ran a private business the way they operate in the public sector, they would be bankrupt in a short time.

- And it is these guys that run the major aspects of countries.

USA TH 10:03 GMT November 14, 2006 Reply   
is anyone short eur/usd?

PAR 10:01 GMT November 14, 2006 Reply   
Japanese deflation is a fata morgana. By now with all that deflation Tokyo should be the cheapest city in the world which is definitely not the case .

AMS MAXXIM 10:01 GMT November 14, 2006 Reply   
Komo unltd sole $ serviette.

UK Alex 10:01 GMT November 14, 2006 Reply   
Euro-Zone 3Q GDP +0.5% On Quarter; +2.6% On Year

Como Perrie 09:51 GMT November 14, 2006 Reply   
PAR 09:48 GMT November 14, 2006

After the printed smog PAR, they will unexpetedly rise rates much faster than others. At the end they are the one getting out of decade of defaltionary politics, while eurozone and maybe US are just at the beginning of a long term stagnation and the classic french welfare distorsion.

Gen dk 09:49 GMT November 14, 2006 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Auckland trotter 09:48 GMT November 14, 2006 Reply   
EUR/USD now back to a pip within daily pivot and RSI(5) on 5min 12hr chart oversold.

Buying more.

PAR 09:48 GMT November 14, 2006 Reply   
Is there a single Japanese who wants a stronger yen ? NO .

Como Perrie 09:47 GMT November 14, 2006 Reply   
So far last one from me early today.
Largerly into next year am waiting UsdJpy to print 100, while eurjpy might hold 130, but no sure this one as euro is merely a container and so difficult to understand the hidden.

The Netherlands Purk 09:45 GMT November 14, 2006 Reply   
Right, 50+ bounce from low in e/j means to me that we will see new high or close to the new high.
e/j is surely moving on its own because i see the beast making a nice correction there and e/j not. keep an eye on the high, because if builders have enough money they will push it up over 15174 first.

Como Perrie 09:42 GMT November 14, 2006 Reply   
PAR 09:38 GMT November 14, 2006
Good opportunities for larger horizon managment in one word. Tks

Como Perrie 09:40 GMT November 14, 2006 Reply   
Como Perrie 09:39 GMT November 14, 2006
loosing towards US

Como Perrie 09:39 GMT November 14, 2006 Reply   
An ECB reasearch is showing also that due the missing of reforms, both of industrial and public organisation, europe as an average is every year loosing 8 on 12 months on the late decisional process. Consider there are many seats at the top of public companies and industrial groups of interest managed by people of an average of over 65 years which do not comprehend technology nor the modern way of working. They stil do love the ancient slow pyramidal and basic accountant managment, with an agreement with unions from time to time. Computers in the big public companies are yet used just for printing of salaries and stats, not for decisional processes, for research and improovment, for data mining, for changing the average managers attituted of leadership and no communication, but still of defending their island of control and benefits.

St. Annaland Bob 09:39 GMT November 14, 2006 Reply   

JPY: lol...lol...lol... data and revisions came our more than double over forecast and previous publications and the ccy goes down...looks like the manipulators will not give up until he moment that Germany's and US tops will be driven with a TOYOTA...lol

PAR 09:38 GMT November 14, 2006 Reply   
Takenaka also wants a weaker yen .

Como Perrie 09:34 GMT November 14, 2006 Reply   
austin mw 09:31 GMT November 14, 2006
Real inflation in eurozone is around 7 pct at current. No worth to hold investments with returns below the potential of reward into an economy in general.

austin mw 09:31 GMT November 14, 2006 Reply   
ECB's Wellink Says Euro-Region Rates `censored Low'

Auckland trotter 09:30 GMT November 14, 2006 Reply   
Closed minor trades on the EUR/USD as waiting for a possible retraction in the price.

I see a resistance trendline on the 1hr 5day chart which has been hit.

If there is a retraction or this resistance is broken, then I will add more buy.

The next level of interest I see on the upside is R1 on the daily pivot at 1.2854.

The next 30mins or so since the opening of the UK market should let us know.

Como Perrie 09:24 GMT November 14, 2006 Reply   
Am reshuffling the whole cleaning out the classic majors, which are used as containers for cross global distributions, so no worth at current levels having there too much of an idea. Will hold usdjpy shorts estalished yesterday, and in case It goes 119 will sell again. In case It goes 116.40 will sell too. Whatever. Am yet cross and dollar kiwi short estalishing for a switch out before yeard end (due risk wight on mark to market pfolios), am looking yet for lower oil and so reduction of the hedges that held usdcad so strong. Am maybe taking a neutral approach on eurjpy, which yet suffers from the what I do call the carry leg..yet many buying deep drops, for what deeps are always lower as the masses still believing the carry trading to be still the main theme, this while is some months the big carry is taking all the benefits from such recurring patterns for a reducion of such holdings which are becoming riskier and riskier the more time unfoldds. Am waiting audjpy somewhere 88, maybe early next month. Maybe the eurjpy to drop as a conseguence but yet this one is used to fileter the moves between usdjpy and eurusd so to hold the market undirectionles, so maybe yet some of a life here, maybe not but do not like shakespearean syndromme pairs in general. All in all there are some problems for the Usd dollar sparket by comments last week, but there are problems of the same nature concering the world at all, so no discretional reading here if you sum the whole. Yet the ecb is concerned with the eurjpy holding the eurusd so high, but on the other side the japanese need maybe yet some time to escape (redux) so not to get strangled there in case the world takes the final move out. Who knows at current. Gold showed to be a good alternative for CBs but since all the CBs trying to do almost the same thing, even with some degrees of differentiation, It moves opportunities very fast in the territory of indiferrency. On the other side prices managed by risks are taking always more distances from the R of equilibrium with what was once a sound economy of prices-inflation-growth-indebtment-near future possible development.. All looks just media marketed falsificated so far to give a sense that the NEO ECONOMICS have not failed, but many books around issued clearly demonstrate NEO ECONOMICS do not work.

Have a nice w/e

PAR 09:23 GMT November 14, 2006 Reply   
Nakagawa urging for a weaker yen .

Gen dk 09:13 GMT November 14, 2006 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Madrid mm 08:57 GMT November 14, 2006 Reply   
FWIW - Download the current issue of
Currency Trader Magazine

Strategies, news and analysis for FX traders

Click here

PAR 08:56 GMT November 14, 2006 Reply   
Rumors BOJ buying USD below 117.50 to prevent yen from strengthening to quickly .

Como Perrie 08:49 GMT November 14, 2006 Reply   
China Knowledge Online, Singapore - 6 hours ago
... market will increase the variety of market transactions, improve the derivatives trade in China, reduce arbitrage and enhance stability of the forex market.

Como Perrie 08:44 GMT November 14, 2006 Reply   
S&P: Some Ratings 'Not Affected' by Italy Downgrade
Insurance Journal, CA - Oct 20, 2006
... for which credit quality is lower as a consequence of the sovereign downgrade.". ... than 60 percent of gross premiums written were earned outside Italy--with a ...

Euro Tremors in Italy's Downgrade
Wall Street Journal (subscription), NY - Oct 19, 2006
While euro-zone countries grew an average of 1.3% last year, Italy, with high unit labor costs reducing its competitiveness against countries like Germany, didn ...

Syd 08:44 GMT November 14, 2006 Reply   
Slight underperformance in sterling from the open with Japanese and French bank's selling cable from 1.9045 highs down, has pushed EUR/GBP to the day's high of 0.6744. Next cable support is at 1.90, EUR/GBP resistance 0.6745 and strong at 0.6755.

Como Perrie 08:42 GMT November 14, 2006 Reply   
New Zealand Herald, New Zealand - Nov 8, 2006
... of ratings agency Moody's had told him they could not imagine circumstances in which New Zealand's AAA rating ... Talk of the risk of downgrade was scaremongering.

Como Perrie 08:38 GMT November 14, 2006 Reply   
btw higher taxation influences costs and inflation, but politicians do not get It seemingly, they love favours in exchange of votes for their benefits at first. be right/centre/left all same s...

Como Perrie 08:26 GMT November 14, 2006 Reply   
btw the political/economical crisis in europe is now denting middle classes as well...no growth, higher costs hidden trough euro, frozen salaries, welfare-medicare for aged and public services arithemtically-mathematically unmanagable.

good luck in the new millenium

Como Perrie 08:22 GMT November 14, 2006 Reply   
morn... upper advertising shows trade the news forex...beware of marketing behaviour which is always trying to make nice what It usally isnt


ref market no change, no big interest short term at current..gonna see later on after the tricks clear up a bit.. later on the week usdjpy has to hold above 116.60 as a general..in between tentatives of normalisating the abnormal generating a no worth trading enviroment.

nite

hong kong nt 08:22 GMT November 14, 2006 Reply   
AB -- today, Master Hui issued following expert opinion.

英鎊昨日以「穿頭破腳」的利淡形態，低收於10天平均線支持之下，正式為短期單邊升勢劃上一個句號。與此同時，13天隨機指數已發出明確的沽售訊號，表示英鎊後市有進一步下跌的空間。位於1.9045-50的10天平均線已轉化為阻力，保持其下的話，英鎊將下試20天及50天平均線，分別在1.8945及1.8840美元。 ( 2006-11-14 14:20 )

Yesterday, cable showed a bearish engulfing candle, and closed below 10-day moving avergae, signal an end of short term bull run. At the same time, 13-day stochastic delivers clear selling signal. 10-day moving average at 1.9045/50 is turned into good resistance, below said level, cable may test 20 and 50-day moving averages at 1.8945 and 1.8840 respectively...

ABHA FXS 08:20 GMT November 14, 2006 Reply   
Long gbpusd 1.9025 stop 1.8994 T 1.9130

hong kong seek 08:12 GMT November 14, 2006 Reply   
hong kong nt 08:10 GMT November 14, 2006
good trip!

hong kong nt 08:10 GMT November 14, 2006 Reply   
SEEK -- completed strangle formation, time to swtich off my notebooks for some days. good trades...

PHX RuGO 08:09 GMT November 14, 2006 Reply   
Stochastic, from the Greek "stochos" or "goal", means of, relating to, or characterized by conjecture and randomness. A stochastic process is one whose behavior is non-deterministic in that the next state of the environment is PARTIALLY but not fully determined by the previous state of the environment... fwiw

hk ab 08:09 GMT November 14, 2006 Reply   
nt//I think the euro should be bought based on the dma in daily chart soon. eurgbp is still unbelievably strong here.

Auckland trotter 08:08 GMT November 14, 2006 Reply   
I have up pressure for the EUR/USD.

SMA(10) going back above SMA(100) on 1hr 5day chart.
There is an up tendline on the 1day 6mo chart.
RSI on 1hr 5day chart has broken the resistance trendline.
Price now above the daily pivot of 1.2824.

hong kong nt 07:35 GMT November 14, 2006 Reply   
CRUDE -- round bottom formation maybe close to completion...

Madrid mm 07:30 GMT November 14, 2006 Reply   
14th November 2006 - News Highlights

Japan Q3 GDP +0.5%q/q, 2.5 times market expectation of 0.2%.

Japan Q3 GDP 2.0%y/y, twice 1.0% expected. Q2 GDP revised up to +0.4%q/q from +0.2%.

GDP deflator -0.8%q/q. Private sector consumption remains weak at -0.7%q/q. Capex strong at +2.9%q/q. Net exports +0.4% to GDP, inventory adds +0.3% to GDP.

Japan MoF Koji Omi says steady recovery is continuing and it is up to BoJ to decide on monetary policy, adds he wants BoJ to support economy through monetary policy.

Econs Minister Hiroko Ota also wants BoJ to support economy through monetary policy. Says GDP data confirms recovery, but caution needed on lack of wage rise. End of deflation is in sight. Need to watch consumption and IT inventory adjustments in economy.

Japan Chief Cabinet Secretary Yasuhisa Shiozaki says BoJ will make appropriate policy decision. Economy continues to recover.

LDP SecGen Hidenao Nakagawa says Government and BoJ should cooperate on economy. GDP confirms strength of the economy. but must watch weak consumer spending. - Bloomberg.

Houston Chronicle/AP: Pres Bush will meet Tuesday with GM, Ford DaimlerChrysler AG chief. The automakers have also sought support on trade, arguing that Japan's weakened yen makes imported goods from Japan cheaper. Officials also noted that China is keeping its CNY artificially low against USD, making Chinese goods cheaper in the U.S.

NZ Q3 PPI Inputs +2.0% vs exp +0.7%, PPI outputs +0.7% vs exp +0.9%.

Aust business conditions index rises to 18 vs 14 in Oct. Cap Utilisation +1.7% to record 83.5%.

JPY rises on the surprise +0.5%q/q GDP rise, with a mkt positioned quiet short JPY for a -0.2 to +0.2% number.

USD/JPY dived from 118.02-05 to 117.54, EUR/JPY from 151.25-30 to 150.72 as stoploss hit below previous peak 150.80 after the strong GDP data, with off talks of fresh waves of USD/JPY, EUR/JPY selling toward Asia close and ahead of London open from large US investment houses, selling in 10s, 20s through brokers, after eariler waves of selling from other US investment houses and Hedge funds, speculators and real money.

Talks Europeans/ Swiss names, probably options related bids at 117.50-55 now, but stops 117.50 and Huge 116.90-121.20, could be target after the strong Japan Q3 GDP seen supporting JPY on expectation that strong GDP will embolden BoJ Fukui to hike rates earlier than expected.

USD/JPY offesr coming in at 117.80-118.00 still, with market interest to buy JPY on dips now. Talks ENCBs/ options offers capping 151.50 after it climbed to 151.45 yest.

Also Cross/ JPY sales, with unwinding of carry trades suspected, as EUR/JPY,GBP/JPY,AUD/JPY, NZD/JPY lower as US funds, real money, UK clearers, Japanese trust sold. JPY could find support from Pres Bush-Auto chief meet, may touch on weak JPY, also JPY repatriation on USD21.69b coupons tom.

Talks Asian Cbs bids in EUR 1.2690-00, GBP bids 1.90. Focus on US Retail Sales, PPI, and Fed speakers. CHF could rise on SNB Roth.

Nikkei +267pts or 1.67% at 16,289 on Q3 GDP. JGBs slump on strong GDP, weak 5-yr auction, with 10-yr yield rising +0.65% to 1.720%.

Asian FX ranges: USD/JPY 117.55/118.17, EUR/USD 1.2801/1.2830, GBP/USD 1.9007/1.9051, USD/CHF 1.2426/1.2454, AUD/USD 0.7619/0.7654, NZD/USD 0.6588/0.6621

Madrid mm 07:28 GMT November 14, 2006 Reply   
Toronto MRC 07:22 GMT November 14, 2006

your guess is as good a mine...if not better 8-)

hong kong seek 07:26 GMT November 14, 2006 Reply   
c yr point!! ths..

hong kong nt 07:23 GMT November 14, 2006 Reply   
hong kong seek 07:16 GMT November 14, 2006

complete more 610/635 strangle...

Toronto MRC 07:22 GMT November 14, 2006 Reply   
Madrid mm 07:12 GMT November 14, 2006

PPI may reflect sticky prices. (contractual obligations) Energy sell off may take some time to show. I think PPI may come in high while CPI may prove a better indicator.
imho

Bne Cad 07:18 GMT November 14, 2006 Reply   
Euro posse: I'm going to keep short until 1.2742 fib, then try to ride the bounce for 20-30 pips. Interesting how different banks post different levels of support. I combined the data and came up with this: 1.2790 1.2770 1.2765 1.2750 1.2742 (Fib). 1.2720

hong kong seek 07:16 GMT November 14, 2006 Reply   
nt--any limit buy today? TIA

Madrid mm 07:12 GMT November 14, 2006 Reply   
Producer Price Index
Released on 11/14/06 For Oct 2006
PPI, M/M change
Consensus -0.6 %
PPI less food & energy, M/M change
Consensus 0.2 %

hong kong nt 07:11 GMT November 14, 2006 Reply   
ca 07:03 GMT November 14, 2006

FYI -- many late buyers got stopped by the spike last night...

Madrid mm 07:09 GMT November 14, 2006 Reply   
hello fx jedi

Market Focus -Tuesday:
Should the PPI prove soft, focus will turn to retail sales and the play between low gas prices and stalled home values on consumer spending.

ca 07:03 GMT November 14, 2006 Reply   
after seeing the drop to 608, im cautious about buying much higher than that level as spikes like the one that happened last night often accurately predict short-term price direction. of course it could of just been a keyboard error, but usually it is not. just something to keep in mind imo. gt to all.

PHX RuGO 07:01 GMT November 14, 2006 Reply   
My Dietician thinks that Aussie may not be able to shape up unless it sheds a few more pounds..

hong kong seek 06:54 GMT November 14, 2006 Reply   
limit buy at 617 today..

hk ab 06:50 GMT November 14, 2006 Reply   
seek where will you buy for today?

The Netherlands Purk 06:42 GMT November 14, 2006 Reply   
Ah, back to business in e/j. Now we have to see what happens next. The 15086 for me works as a barrier now for the builders. Dont forget, as soon as everybody starts to say that we are going to see 30-40 pips up in a market that already has been up for 100 pips at streched levels, short the censored out of e/j which i did yesterday. Very important where to enter though. I entered after the high at 15135 with a s/l of 25 pips. The close was by syssy boy...
Now we have to see if 15134 is the high of the day, and if we can reach 15055... I trust tht GEP had the patience to hold on to his 15121...

hong kong seek 05:53 GMT November 14, 2006 Reply   
hong kong nt 05:49 GMT November 14, 2006
SEEK -- buy holiday strangle 610P+635C and take a short break...

where are u going to ??

hong kong nt 05:49 GMT November 14, 2006 Reply   
hk ab 05:33 GMT November 14, 2006

SEEK -- buy holiday strangle 610P+635C and take a short break...

hong kong nt 05:46 GMT November 14, 2006 Reply   
hk ab 05:33 GMT November 14, 2006

FYI -- Nov stangle 610P+635C @ 11.8...

hong kong seek 05:43 GMT November 14, 2006 Reply   
hear of many buy orders below 605~610..

hong kong nt 05:41 GMT November 14, 2006 Reply   
hk ab 05:33 GMT November 14, 2006

FYI -- Nov 600P/635C strangle 9.5...

hk ab 05:33 GMT November 14, 2006 Reply   
I put 1/3 at the 10 dma.

hong kong nt 05:20 GMT November 14, 2006 Reply   
hk ab 05:17 GMT November 14, 2006
Will Xmas present shown at 610 today?

do you set limit buy at 610?

hk ab 05:17 GMT November 14, 2006 Reply   
Will Xmas present shown at 610 today?

austin mw 05:04 GMT November 14, 2006 Reply   
i suppose nothing new will come out of the upcoming Apec meeting other than the usual pressure on China and its currency..

hk ab 04:49 GMT November 14, 2006 Reply   
seek//nt is refering to that "virgin" survey....should call vigrin fib survey....

Mumbai NS 04:48 GMT November 14, 2006 Reply   
FM TY I agree 116.50 is a better stop i shall remain patient n buy but if i see 118.50 i shall sell also.

gl gt

Lahore FM 04:45 GMT November 14, 2006 Reply   
Mumbai NS 04:41 GMT November 14, 2006
NS dear,i have identical view there of buying dips but am wary of some nasty surprise too.it would be safer to long closer to 117.00 with stops 116.50.

Mumbai NS 04:41 GMT November 14, 2006 Reply   
Lahore FM 04:28 GMT November 14, 2006

Hi hope u r fine and gud day . In usdjpy i am having a slight confusion today it looks sideways but today i feel the bias is to buy the dips with s/l 116.77 but i am not very confident on my call. What do u feel ? TY

gl gt

Houston SG 04:41 GMT November 14, 2006 Reply   
short usd/cad target 1.1194 open stop swing trade

LKWD JJ 04:33 GMT November 14, 2006 Reply   
roger houston !!

Lahore FM 04:28 GMT November 14, 2006 Reply   
closed long gbpusd 1.9025 in part at 1.9046 for 21 pips.stops raised from 1.8998 to 1.9005 making it a free trade.

Houston SG 04:15 GMT November 14, 2006 Reply   
buying usd/chf @1.2431 target 1.2727 as a swing trade. no stop.

hong kong seek 04:08 GMT November 14, 2006 Reply   
hong kong nt 03:46 GMT November 14, 2006
agree on your point, next syrvery, we may expect 76.4%...LOL

nt-- do u mean we shud buy dip with fibo ??ok..limit buy now! .....LOL..

hong kong nt 03:50 GMT November 14, 2006 Reply   
Singapore GFX 03:39 GMT November 14, 2006

SORRY! typo, should read

tokyo ginko 21:01 GMT November 13, 2006
morning all from tokyo, it is 6 am here. on a lighter note, 62% of female university students in Japan not virgins: survey

Implication: 38% of female Japanese is UGLY (or saxually unattractive)?

hong kong nt 03:46 GMT November 14, 2006 Reply   
Aus Stu 03:43 GMT November 14, 2006

agree on your point, next syrvery, we may expect 76.4%...LOL

Aus Stu 03:43 GMT November 14, 2006 Reply   
hong kong nt 03:36 GMT November 14, 2006
Seems those Fibonacci %'s spring up everywhere, don't they?

hong kong nt 03:43 GMT November 14, 2006 Reply   
hk ab 15:38 GMT November 13, 2006
nt or seek//any entered positions this round?

bought 610/635 strangle..fwiw..

Singapore GFX 03:39 GMT November 14, 2006 Reply   
HongKong NT,

That is a horrible remark. Shame on you

hong kong nt 03:36 GMT November 14, 2006 Reply   
tokyo ginko 21:01 GMT November 13, 2006
morning all from tokyo, it is 6 am here. on a lighter note, 62% of female university students in Japan not virgins: survey

Implication: 38% of female Japanese is UGLY (or saxually unattractive).

houston st 03:20 GMT November 14, 2006 Reply   

JJ -- a page 59 refers to the page number of a book that I use along w/ those particular templates, and states: "when a breakout occurs in any 3 period dynamic range (in this case, it was the daily dynamic range, the highest of the 3 timeframes on the 13m/30m/daily chart), there is a high probability that price will remain outside this break until the new timeframe begins, and can chase the new dynamic range in the next timeframe, no matter what timeframe."....typically you wouldn't want to trade against this break until price has reached the next level in the mkt...look @ my old blog for some other examples of this setup...I'll try to post a link there shortly that explains more about that particular book...good trades.

LKWD JJ 02:59 GMT November 14, 2006 Reply   
houston st whats on page 59 and which book do you refer to?

Syd 02:44 GMT November 14, 2006 Reply   
AUD/USD Overall Positive Outlook Threatened

AUD/USD to test support, initial target 0.7606. AUD pressured following as-expected RBA hike, below-expectations October jobs report Thursday; losses compounded yesterday by USD recovery after recent weakness. Overall positive outlook under threat with overhang of long positions continuing to limit upside. Daily chart indicators negative, Dow Jones technical analysis shows. Pair may trade short term between 0.7606 (Oct. 26 low) and 0.7645 (Nov. 9 low); any breach of support would target 0.7579 (55-day average), resistance 0.7680 (yesterday's high). AUD/USD last at 0.7638. (

Singapore GFX 02:20 GMT November 14, 2006 Reply   
Bangkok,

Yes there must be a correction the problem is $ is still very weak.

Bangkok In the City of Angel 02:18 GMT November 14, 2006 Reply   
Lahore FM ~ TKS, I would assume your target is 1.9400~1.9425 area, with reverse on break STP, first 1.8850 than 1.8720~~~~ anyway. GL GT and keep up the good work...

Bangkok In the City of Angel 02:12 GMT November 14, 2006 Reply   
Singapore GFX ~ yes... agree for the mid term... but from 1.85till today, we have not yet seen any real correction, before it goes higher, we need to have some corrections first right? My best pick for long position are 1.8900 or 1.8850... GL GT

Singapore GFX 02:05 GMT November 14, 2006 Reply   
bangkok,

GBP/USD is definitely up

Lahore FM 02:05 GMT November 14, 2006 Reply   
Thanx Angel,gbpusd can be substantially higher.

Bangkok In the City of Angel 02:04 GMT November 14, 2006 Reply   
sorry... the below was for EUR today, the GBP is:
http://censored6.picsplace.to/censored.php?file=censored6/23/gbp4h_000.gif

Bangkok In the City of Angel 02:01 GMT November 14, 2006 Reply   
Lahore FM ~ I am a little bit surprised about your long GBP position, how high you think GBP will go to? I have enclosed my chart for your reference, until time comes, no one knows how the market will run to north or south... http://censored6.picsplace.to/censored.php?file=censored6/23/eur2_1_.gif
GL GT

Lahore FM 01:54 GMT November 14, 2006 Reply   
Poland Piotr 01:48 GMT November 14, 2006
eurusd and gbpusd sideways to higher whereas usdjpy likely to be sideways.

Poland Piotr 01:48 GMT November 14, 2006 Reply   
Lahore Fm,

Whats the tp for gbp/usd and your views for eur/usd, usd/yen thanks

Lahore FM 01:30 GMT November 14, 2006 Reply   
bought gbpusd 1.9025,stops at 1.8998.

dc CB 01:21 GMT November 14, 2006 Reply   
dc CB 01:15 GMT November 14, 2006
on the IMM, Long contracts held by "commerials" againsts lg spec and sm spec shorts total 104671. in the Aus $ futures

what is more telling is that the breakdown of the "commercial" position as od 11/7 is 105593 short, 832 long.

dc CB 01:15 GMT November 14, 2006 Reply   
on the IMM, Long contracts held by "commerials" againsts lg spec and sm spec shorts total 104671. in the Aus $ futures

Tokyo 01:07 GMT November 14, 2006 Reply   
TOKYO, Nov 14 (Reuters) - The yen surged against major currencies on Tuesday after data showed Japan's economy grew more rapidly than expected in the third quarter, keeping the Bank of Japan on track to raise interest rates in the next few months.

Philadelphia Caba 00:54 GMT November 14, 2006 Reply   
UBS still very bullish on euro crosses:
eur/chf - 1.5857 floor, 1.6000 & 1.6145 target
eur/jpy - 150.14 floor, 152.90 & 155 target
eur/gbp - .6669 low, .6770 target

houston st 00:36 GMT November 14, 2006 Reply   

usd/cad, eur/jpy & usd/jpy charts updated on GVI Blog...gl/gt.

austin mw 00:26 GMT November 14, 2006 Reply   
There use to be a saying here in the states that "so goes GM so goes the US economy". I think it is fair to say that slogan no longer applies and has been replaced by "so goes WalMart so goes retail sales and the consumer". I bring this up as we wait for today's release of US retail sales and the fact that over the weekend WalMart very aggressively rolled back prices on appliances and electronics among other goods. IMVHO this could mean one of two things:
1. either WalMart is using the Japanese model of making up lost margins with higher volume or maybe the retail giant has cannabized its self
2. or consumers are starting to feel the squeeze of stagnant wages, higher cost of goods, and uncertainty in the housing market..
gl gt

Philadelphia Caba 00:11 GMT November 14, 2006 Reply   
eur/jpy:
150.75 previous double top, 150.80 yesterday low, 150.69 today's low (so far)...it seems this area become strong support now?