Forex Forum Archive for 09/1/2006

Tallinn viies 20:45 GMT September 1, 2006 Reply   
strange situation I must say on euro-dollar. technical picture pointing more and more to downside. fundamental-macro view pointing more n more to upside.
IMM data again doesnt show any change from previous week.
bulls keep 10 times bigger position against bears. even small fishes clearly long.
will wait for a week. probably this move up or down comes when option volatilities will start to climb higher----
have a nice w/e

hk ab 20:36 GMT September 1, 2006 Reply   
btw, the nzd looks very very ready for the leg 3 in 4 hr chart.

hk ab 20:36 GMT September 1, 2006 Reply   
oilman, can I ask you your view on global stocks in the coming 2 months?

Gen dk 19:48 GMT September 1, 2006 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Gen dk 19:26 GMT September 1, 2006 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

slv sam 18:37 GMT September 1, 2006 Reply   
hk ab 18:23 GMT /
reason always available..!GT

Cyprus Prometeus 18:29 GMT September 1, 2006 Reply   
Btw Monday US holdiay, hence flat the FX world has went mostly.

Bibi

UAE Oil man 18:27 GMT September 1, 2006 Reply   
Ozi is finishing very powerfully..Gonna have to take a few more longs next week.

hk ab 18:23 GMT September 1, 2006 Reply   
repatriation?

hk ab 18:23 GMT September 1, 2006 Reply   
sam//based on??????????

slv sam 18:22 GMT September 1, 2006 Reply   
"mind the gap" Monday morning for $/y..down of course!GT

London Cable 18:14 GMT September 1, 2006 Reply   
Half of of GBP short hit at b/e - Took other half to book profit.
Move today seems again a top building one with low volume volatility intraday. Although now quick move to 1.9200 and a bit could be on the cards for Cable even though I am not confident and think it will stall around 1.9120 and EUR below 1.2900.
As Cable took lead last few weeks today I think EUR took lead on other Majors to start cleaning stops on supports. All other Majors did not have a jab at their supports. As Market volume gets back up next week EUR will lead again and does not look it will hit 1.3000. I can not see everyone back saying let's buy EUR at 1.2840 level for potential big correction above 1.3000 and just expect to gain 300 pips and thing of reversing around 1.3100ish.
Value is below 1.3000 not at current levels no matter fundamentals. Also watch decorrelation of Trichet with EZ eco strengh he's done it before and could resurface to haunt EUR. Just a thought from the past. good w-end to all. Hope noone holds possie now and ready for fresh ones from tuesday onwards for 2 or 3 great p/l months ahead.

UAE Oil man 18:09 GMT September 1, 2006 Reply   
Back for market end..
Well well , €$ went back to it's 1.2830 making a new high during the week..and no new lows..
This is quite bullish , as even the positive news for the $ doesnt make decent gain%..
Sooner or later the ranges ARE going to break, and unless we DO break 1.26xx area, I will stay euro bullish..
I have NO REASONS to short something going up , if i am looking for a trend...
I will be MORE than happy to short the EURO against the USD , as the carry is that way..
As for those insinuating that i am a $ BASHER(or have personnal problems with the US) , they should read my prior posts when the US$ was bullish , i too was US$ Bullish..Simple as that...
As for PAR, people seem to have a short term memory..PAR was i remember one of the firsts to say (and he was relentless like he is now with the US$), "LOWER THE EURO", and all sorts of bearish EURO posts, just before the euro made it's lows and finished .83xx (1998/2002)..It is his style , and he does post very interesting stuff.
It does seem that people who accuse others of having personnal problems with the US$ are themselves infatuated with the said currency..Get a grasp of yourselves, this is after all a currency..
GL.
---

-Placed my $Y stops at entry 117.44

hk ab 18:08 GMT September 1, 2006 Reply   
aud/nzd breaks 1.17 may signal a temporary pause of this nzd bull run. Take a break at 6550 and wait for the retracement to go long again.

The Netherlands Purk 17:53 GMT September 1, 2006 Reply   
Yeap Zeus have a nice one!

USA Zeus 17:47 GMT September 1, 2006 Reply   
Ok- all fizzled out and squared up the punch and counter punch midas-like lucky 7's day.

Have a great W/E all

LKWD JJ 17:28 GMT September 1, 2006 Reply   
is that a doji and a hammer in gbp daily charts? is that a topping formation?

USA Zeus 17:05 GMT September 1, 2006 Reply   
This is the cantankerous disrespectful frolic I was referring to-

Roumeli anka 16:57 GMT September 1, 2006

USA Zeus 17:04 GMT September 1, 2006 Reply   
Lahore FM 16:49 GMT September 1, 2006

Yeah. NFP as you well know are notorious for NOT offering anything but directional moves with little or no counter punches. Given that today was a midas- like rare punch counter punch day before a holiday I suspect there is just a fizzle here but never know for sure as I'm just a student.

GT to you as always!

USA Zeus 17:00 GMT September 1, 2006 Reply   
Ä°stanbul Sez 16:30 GMT September 1, 2006

Last time I post on this- feel like we've abused the board here.
But, it is slow so want to clean this up so there are certainly no feelings.

It all bouils down to a a difference of attention and importance along with misunderstanding.

I Don't despise FIBA. There is no disrespect to those who went to play with USA on their jersey and lost ( or if they had won). It is true that there has been very little mention of that tournament here. The US has an obscure sport called "American football" that is very popular and is just getting under way both in college and professionaly.
This has a lot of excitement and attention surrounding it here.

So aside from an off season event (like Canada sending some players somewhere to play hockey in July) the USA has the NBA and other countries have their national teams. Again I say this very sensitively and carefully. Aside from say the olympics there is not much interest here in this type of summer sanction. Honestly has had very little media coverage here. No disrespect at all.

Can see how other countries and the fans of their team would be excited as it is their showcase- makes it real for them. It is numb here for prior reasons mentioned and the fact that many major media markets here are homes to the NBA team so the appreciation is different. People are not thinking basketball right now. Get many months of it each year. Hence not much attention here (win or lose) for the current tournament. Also Superstars enjoy their time off for other interests (sometimes just R&R incl surgeries etc) as their off season is short. These are real factors are why there is not a USA "dream team" present at this type of sanction.

Did the best I could to respectfully respond. Hope my intentions were understood.

BTW- I am happy for other countries to do well. More global exposure means more competition and talent for the NBA. Consider 2 yrs ago NBA draft Andrew Bogut #1 pick Aussie from Univ of Utah and this year #1 pick was a European for the first time in Italian Andrea Bargnani.

Peace

Roumeli anka 16:57 GMT September 1, 2006 Reply   
Hehe... Zeus, Analyst nise try. Like the fox in the Aesop fable.
It is easy to despise what you cannot get

Victoria Island FxLeader 16:52 GMT September 1, 2006 Reply   
Edited
Entries for long GBP/USD

9025,9000,8980,8960,8940,8920,8900,8880,8860,8840,8820,8800
Target @ 1.9051


26
51
71
91

Total 239pips $2390 profit

Lahore FM 16:49 GMT September 1, 2006 Reply   
USA Zeus 16:16 GMT September 1, 2006
Thanx Zeus,remainder few hours may unfold the third one if there is any.

long usdjpy at 117.35.short nzdusd at 0.6551.

good weekend all.

Victoria Island FxLeader 16:47 GMT September 1, 2006 Reply   
Entries for long GBP/USD

9025,9000,8980,8960,8940,8920,8900,8880,8860,8840,8820, 8800
4 entries hit

Target @ 1.9115


26
51
71
91

Total 239pips $2390 profit

Know what the market will do before everyone does ;)

Nice Weekend to everyone ;)
Incuding me !!!

Warmest Regards
FxLeader

chennai tvk 16:42 GMT September 1, 2006 Reply   
nice week end to all
how markets will open after this week end

KL KL 16:39 GMT September 1, 2006 Reply   
ok top of the day all

in short gbpusd 1.9056 sl 66.....lets see.

Ninja still around but hiding

PAR 16:37 GMT September 1, 2006 Reply   
What happened to those strong dollar gains capitalising on strong employment numbers ?

la oleg 16:32 GMT September 1, 2006 Reply   
aud/usd breaking out of a month-long bull flag on the daily... should see good upside in coming days and a strong catch-up move for aud/jpy.

Ä°stanbul Sez 16:30 GMT September 1, 2006 Reply   
USA Zeus 15:56 GMT September 1, 2006 ,
Thank u for your respectful response.
I m not intent to underestimate the NBA as I m interested in NBA teams.And I m not happy that they lost the game.
However actually you dont respect both of the winner and the looser when saying that the team of USA is a B team.
There is one US team in World Championship and they wear the USA shirts, not Iverson frm Philly,not Kobe from LA, Shaq frm Heat....
It must not be an excuse for defeat that they are not there. and its not respectful behaviour despising the FIBA oraganzation saying no attention.
May be next time you can send WNBA team to respect women's curling ...:)
thank you
good luck

USA Zeus 16:28 GMT September 1, 2006 Reply   
Ok certain rapid fire time frames are deteriorating rapidly entering into pause or counter contra combo punch (1-2-1) setups:
USD/JPY, EUR/USD and GBP/USD

USA Zeus 16:16 GMT September 1, 2006 Reply   
Lahore FM 16:10 GMT September 1, 2006

FM- Friend I don't yet have any setups for the 1-2-1 combo punches but system does show prices entering exhaustion zones which is the first stage of a pause or reversal- if that helps?

USA Zeus 16:12 GMT September 1, 2006 Reply   
The EUR/USD flows were 136% of daily average over the last week when compared from the beginning of London session until 16:00.

GT

Lahore FM 16:10 GMT September 1, 2006 Reply   
USA Zeus 16:00 GMT September 1, 2006
any ideas on one two one punches?

Gen dk 16:06 GMT September 1, 2006 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

la oleg 16:03 GMT September 1, 2006 Reply   
van Gecko 15:09 -- the lack of downside acceleration after taking out that trend line suggests more sideways action within the core 66-71 range imho... in fact the original trend line has been violated and redrawn several times along the way... best of trades.

Gen dk 16:02 GMT September 1, 2006 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

USA Zeus 16:00 GMT September 1, 2006 Reply   
Ok now that non-traditional NFP puch, counter punch idea is golden. Usually is singular in polarity but today is a bi-polar golden seasonal shift.
GT

USA Zeus 15:56 GMT September 1, 2006 Reply   
Ä°stanbul Sez 15:37 GMT September 1, 2006
We're cool. No prob and gave serious response. We both respectfully congratulated the winners (unlike the disrespecful rants from others- sort of an "in your face" announcement)
Honestly, I know analyst and we are sports enthusiasts but this competition was not on the radar map here and had no idea the team was playing as the games were not sports headlines here. Again no disrespect but consider the AVERAGE mix of players (B at best) and they combined would not even constitute a franchise NBA team. Read analysts earlier comment about who might actually make up a current "dream team". Cheer and be excited. That's great. I'm happy for you. Next season compare who played in the "Las Vegas Summer Squad" to who plays in the "Las Vegas NBA ALL-Star" game (ex any international players if you like). Ok we're cool and appreciate all sports (even women's curling).
Cheers.

UK Alex 15:53 GMT September 1, 2006 Reply   
On the subject of European and U.S. rivalry...

Justin Urquhart Stewart's comments on Green's plan to take Top Shop to the U.S. says it all, "British shops have never done very well in America ever since they've thrown our tea in the harbour."

la oleg 15:52 GMT September 1, 2006 Reply   
fwiw... the goal of team usa is to win olympic gold... all this fiba, shmiba junk is just a warm up.

Miami OMIL (/;-> 15:39 GMT September 1, 2006 Reply   
It would not be a normal Friday here with out the usual food fights LOL. One more thing before I leave I though I would be nostalgic and put this one on for good old times it is still valid (it will always be valid) IMHO LOL.

Miami OMIL (/;-> 16:26 GMT June 11, 2004
Riga/Latvia Dadzis 15:24 GMT June 11, 2004
Thank you for your kind words I guess the talk of a holy grail has taken the available space in the FF for now LOL. The Holy Grail exists and it is in our own minds. It is not how much we can make but how much we are content with. In the long run material things come and go but like I said before there are far more important things in this life that we take for granted far to long IMHO. I am signing off now so I wish everyone a good and safe weekend. See you on the other side.

Ä°stanbul Sez 15:37 GMT September 1, 2006 Reply   
Zeus,Analyst,
Be cool guys... :)
Just made a simple comparison. And it was not bad, according to your reaction..!
After all, US team was eleminated at semi final not the FINAL
.In this respect; Team A might be defated at final if they come...
Its just my humble opinion..
Besides, your team has MVP in Tokyo (Dwine..)

LKWD JJ 15:37 GMT September 1, 2006 Reply   
cris ct shuda wuda couda. my system doesnt have trailing stop feature, yet, (told it will happen). covered for some but left alot out there. was looking at other things and saw cable jump back up over the figure. better than a loser

Miami OMIL (/;-> 15:30 GMT September 1, 2006 Reply   
The first wave of attacks on the main support for the eur/usd pair survives. Now the key resistance is found around the 2820-30. If the bears are serious about this move and are willing to try again this resistance should not be broken for now IMHO. I hope that everyone has a good and safe holiday weekend. See you on the other side. Peace and GT

sanfrancisco analyst 15:22 GMT September 1, 2006 Reply   
Zeus - They wont be satisfied until we stop clapping, stop singing, stop playing, stop producing, stop creating, stop having fun, and stop functioning like we always have and become european in nature in everything we do. Off

moscow mi 15:16 GMT September 1, 2006 Reply   
Was my pleasure, see you on the other side B-)

The Netherlands Purk 15:16 GMT September 1, 2006 Reply   
Guess that loonie is about to take a flight....

la oleg 15:15 GMT September 1, 2006 Reply   
NYC Ben 14:45 -- he meant on the week, not on the day.

USA Zeus 15:14 GMT September 1, 2006 Reply   
sanfrancisco analyst 15:10 GMT September 1, 2006

Me too analyst. I'll pay respect and take nothing away from the winners but the last I heard was that the B- list boys were to practice in a non- NBA town Las Vegas (maybe that was the lure for the volunteers) then everyone jumped on this forex board as if Lance Armstrong won a French slam dunk contest.

sanfrancisco analyst 15:13 GMT September 1, 2006 Reply   
Will say this though, we don't have the crowd of players we once did. That said, I don't know why all the euros make such a big deal of beating the US at anything they can at every corner. Then they call us arrogant if we win one and clap. My prior comment may sound pompous but I'm really just saying the truth, no attitude involved at all.

Makassar Alimin 15:13 GMT September 1, 2006 Reply   
got stopped out on usdcad before, reestablish at 1.1060 with stop under today's low

The Netherlands Purk 15:11 GMT September 1, 2006 Reply   
moscow mi 15:05 GMT September 1, 2006

At home i have a very large bottle of Grolsch beer, and i will drink it this evening. I celebrate the pips on both e/j and loonie.....

USA Zeus 15:11 GMT September 1, 2006 Reply   
The Netherlands Purk 15:04 GMT September 1, 2006
moscow mi 15:00 GMT September 1, 2006

Thx for positive remarks. See you soon on the yahoo thingy.

Now if I were fishing for pips would think the magnatometer would reel 'em in when a strike is felt...

CT Cris 15:10 GMT September 1, 2006 Reply   
Sell cable now for 20-30 pips

sanfrancisco analyst 15:10 GMT September 1, 2006 Reply   
Zeus - I didn't even know they were playing until this week when I caught a highlight on tv lololol. And I'm a pretty big sports enthusiast.

Kind of like watching off season training camp scrimmages for the b list.

van Gecko 15:09 GMT September 1, 2006 Reply   
Oil Man.. Eur/Gbp closing for the 5th straight week below the 6 year support channel.. the next major support is at .6680.. below .6680, the multi-year triangle may be resolved with a nice 10 figure trend down to the 1999 lows again..
be nice to to your "uncle Ben".. :) have a nice w/e..

Vilnius Titas 15:07 GMT September 1, 2006 Reply   
cover short usd/chf 1.2336(1.2361)
GL all

SydoJoe 15:06 GMT September 1, 2006 Reply   
Oil Man :: - EUR/CHF is a very good sell up here I agree.. and into a long weekend in the USA a good cross to have in your bottom drawer.

moscow mi 15:05 GMT September 1, 2006 Reply   
The Netherlands Purk 15:04 GMT
Would love to cool man, miss you out there beyond reality :))

USA Zeus 15:04 GMT September 1, 2006 Reply   
Ä°stanbul Sez 14:55 GMT September 1, 2006

Umm with all respect congrats for the win. Glad to see the USA is still the great goal to go after in life, but consider that the USA team was NOT a dream team. Was an average quality B list of players. The dream team prospects have no interest in off season jovial competitions. For this reason many here paid minimal attention to what was going on but I'm sure others around the globe thought it was the NBA finals PLOL

The Netherlands Purk 15:04 GMT September 1, 2006 Reply   
moscow mi 15:00 GMT September 1, 2006
USA Zeus 14:52 GMT - unique counter contra action as always!

Enjoy your posts a lot, keep em up as they are useful so much.

Is this a signal? hehehehehehe
Dont fall alseep, i will be home in 2 hours, we talk on the yahoo thing.

moscow mi 15:00 GMT September 1, 2006 Reply   
USA Zeus 14:52 GMT - unique counter contra action as always!

Enjoy your posts a lot, keep em up as they are useful so much.

UAE Oil man 15:00 GMT September 1, 2006 Reply   
NYC Ben 14:45 GMT September 1, 2006

I have made EXACTLY 24 trades this week , amounting to exactly 273 pips...which is great, as if i had followed my automated system only i would be FLAT , nor stopped just long €$ still...(I m not counting the -40 €£ yet, as its not closed).


---
Now as for the $ Trend, I do not see one, nor does my model see one (or it would be LONG $)..The system is STILL long €$, which does prove that the market has a chance of going AGAINST the usd..the system does lag , it won't however show the start of a trend.
I will put your bad manners, on a few stop loss hit, which does happen and i perfectly understand that.
As for the 1 FIGURE gain on the USD you really should look at the quotes the € is now sitting on 1.28 , and GBP OVER 1.90..Ozi at 7650, NZD 6540 area..

In anycase, i m off , good weekend to all.

P.S for others:
I shorted €CHF 1.5802 S/L 50 T/P 1.55...I m hoping the 6 year resistance doesnt break.

hk ab 14:58 GMT September 1, 2006 Reply   
I need gold to drop a bit more to reload, can we see 615 again?

hk ab 14:57 GMT September 1, 2006 Reply   
nzd pops again...........

houston ken 14:56 GMT September 1, 2006 Reply   
STOP TRADING STOP TRADING FOR NOW

Ä°stanbul Sez 14:55 GMT September 1, 2006 Reply   
Hi ..
The dream team formed by NBA stars,one of the most popular illusions of US is defeated by an European basketball team.
(End of the Legend)
May be the next one is us dollar the produce of FED illusion... lol..

saloniko nk 14:54 GMT September 1, 2006 Reply   
Good Evening...

Greece Shocks U.S. Basketball Team !!!!

http://www.nytimes.com/aponline/sports/AP-BKO-Worlds-Greece-US.html?hp&ex=1157169600&en=71272e7744801df5&ei=5094&partner=homepage

OWWWW!!!!
nk

USA Zeus 14:52 GMT September 1, 2006 Reply   
Wow- What a day! Seems like Midas lent me his golden finger for a counter punch-

USA Zeus 11:40 GMT September 1, 2006
A punch with a big counter punch not seen on NFP much in these, the latter days but the seasons are turning so will be prepared for this possibility.

------
Have not heard her sing yet so perhaps will need to keep flexibility for more counter contras today...feel like this is the case.

EU theEUROqueen 14:48 GMT September 1, 2006 Reply   
Happy day Bob!

the 1,3** will print during the next 2 weeks (hopefully)

happy trade

Makassar Alimin 14:48 GMT September 1, 2006 Reply   
i guess action for today is over then, all left is the usual friday fight :( see you all next week

CT Cris 14:47 GMT September 1, 2006 Reply   
LKWD JJ 13:13 GMT September 1, 2006
cris ct your the man, still holding my shorts in cable.
hope you exited with good profit. using 10-15 pips s/l is working very well with my signals.

NYC Ben 14:45 GMT September 1, 2006 Reply   
UAE Oil man 14:31 GMT September 1, 2006

Consider the USD strength over the last day for nearly a figure and a half on the GBP/USD a mega trend when compared to your chirping micro tweezer trades for tiny miniscule 5 min losses/gains etc- even into the NFP reaction against your expectations. Would be a miracle to make such boastful gains trading that way. Feel like only fair way to brag is if you count what is posted otherwise- it must be BS.
Can only imagine the gains if you were trading with the move- you would be King for a day!

But since your posted trades are nowhere close to your claims there is no need (ability) to prove it so let's just drop it.

GT

The Netherlands Purk 14:43 GMT September 1, 2006 Reply   
Nice move in e/j here and there. What a blast it would be if we saw 14969 again...

UAE Oil man 14:43 GMT September 1, 2006 Reply   
NYC Ben 14:27 GMT September 1, 2006

You never said total , so you are telling ME , that you made 2996 pips PER POSITION today in a 130 pips range?

You sir, are the greatest trader on the planet, where can i open an account?

hk ab 14:38 GMT September 1, 2006 Reply   
nzd very strong support 6530 here.

hk ab 14:33 GMT September 1, 2006 Reply   
oilman will join your dlr/jpy short team

UAE Oil man 14:31 GMT September 1, 2006 Reply   
NYC Ben 14:27 GMT September 1, 2006

The trend?

USA Zeus 14:28 GMT September 1, 2006 Reply   
well here we are EUR/USD post data teeter-totter on the lucky, 1.2777 yet again.

NYC Ben 14:27 GMT September 1, 2006 Reply   
UAE Oil man 14:20 GMT September 1, 2006
I never said total. What isn't clear is how your -15, +10 etc adds up from your posts. From what I can tell you have been fighting the trend with miniscule net profits if any.

GT

UAE Oil man 14:24 GMT September 1, 2006 Reply   
Shorted $Y 117.43 S/L 60 ..Which i m going to keep for the weekend.

UAE Oil man 14:20 GMT September 1, 2006 Reply   
NYC Ben 14:09 GMT September 1, 2006

You are talking pips total , i m talking pips/position..
----
Gecko, if the €£ "broke" down, how come i didnt get my 6723 long yet?:)

Lahore FM 14:16 GMT September 1, 2006 Reply   
the day is likely to end with broad gains for USD,even nzdusd may loosen up finally.

GOT PK 14:11 GMT September 1, 2006 Reply   
aukland - riksbank hiked 25bp as expected, but on wednesday 30th already.

madrid mm 14:10 GMT September 1, 2006 Reply   
USD has again met sellers towards 117.50, which remains hard to break for today i believe.

NYC Ben 14:09 GMT September 1, 2006 Reply   
Well since we're bragging I have made 2596 pips scalping today without counting older trades. At times I picked and flipped the dealer to enhance my gains!
GT everyone

PAR 14:08 GMT September 1, 2006 Reply   
Too many dollars floating around the world makes dollar holders uncomfortable. Have a nice weekend.

Montreal EW 14:07 GMT September 1, 2006 Reply   
UAE Oil man 14:04 GMT September 1, 2006

agree, opportunity to add short usd position with good r/r

Auckland peat 14:05 GMT September 1, 2006 Reply   
Cashman. what did the Riksbank do? 25bp hike was expected. I dont know outcome.

UAE Oil man 14:04 GMT September 1, 2006 Reply   
Nice 273 pips , counting the aud$ and $€ (older positions).

Have to say scalping can be fruitful , interesting to note the broker has made at least 85 pips too..

Looks like €$ will finish where it started ..Above 1.2800.

hk ab 14:02 GMT September 1, 2006 Reply   
nzd is very very resilient.

hk ab 14:01 GMT September 1, 2006 Reply   
dowj 2nd test of 117xx in cards if we can close above this 11400 today.

tor Pumpkin 14:00 GMT September 1, 2006 Reply   
v nice descending TL break that until yesterday would have been the 3rd touch. drawn from Nov 2005, May 2006, then yest.

Ldn Cashman 13:49 GMT September 1, 2006 Reply   
Anyone got any ideas on EUR/SEK. Why SEK weakening today

London Gooner 13:46 GMT September 1, 2006 Reply   
EURUSD pierced through SMAs 10 - 20 - 30

1.2734 SMA 50 next target - should hold.

Cable possible 1.8925 since violated 1.8990.

The Netherlands Purk 13:45 GMT September 1, 2006 Reply   
Thanks Halifax. Will keep that in mind. Still think that the move will come tonight....
Early moves maybe early death of the market as well.

Halifax CB 13:43 GMT September 1, 2006 Reply   
Purk - just note that this weekend is one of the bigger holidays on the US & Canadian calendars, so there's not much interest in speculative positions, more on beer & BBQ'ing....

UAE Oil man 13:42 GMT September 1, 2006 Reply   
ding ding...Everything got out already in 5 mnts.

Just left with 1 line of £$ n €$.

Gen dk 13:37 GMT September 1, 2006 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

The Netherlands Purk 13:35 GMT September 1, 2006 Reply   
Dont like the look on loonies face. It was not able to go higher than 70 today. Range is only 40 so a descent move will come later today. Lets see if i can do something about my close enough to the bottom top short long syndrome...

UAE Oil man 13:32 GMT September 1, 2006 Reply   
Well taking a little break, Got some €Y at 76 too.
And euro$ , gbp$, $Chf, Short €chf, some short $Y again.

Doesnt break they'll pay as a trend.
GL n GT.

LKWD JJ 13:30 GMT September 1, 2006 Reply   
gbp/usd daily chart .triangle formation with july 18 low and aug 6 high " >" had upside breakout on 8/29-8/31. now this is a retest of that level and we go higher, or is it a false breakout?

GER ad 13:30 GMT September 1, 2006 Reply   
Yen cross liquidation only on continentals.
AUD/JPY; CAD/JPY ... stable.
Looking to buy some EUR/CAD in case of over shooting under 1.4090

sanfrancisco analyst 13:28 GMT September 1, 2006 Reply   
gbpjpy and usdchf have stopped dead at the resistance/support trendlines. Simple matter of break/no break now.

sanfrancisco analyst 13:24 GMT September 1, 2006 Reply   
US Mortgage rates have again seen a small decline.
US housing market supportive.
US economy supportive.
US investment capital supportive as buying continues.

ca 13:24 GMT September 1, 2006 Reply   
is it too dangerous to go long eur/usd?

Gen dk 13:21 GMT September 1, 2006 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

la oleg 13:21 GMT September 1, 2006 Reply   
still hard to see much direct interest in eur/usd or cable in this price action... rather some profit-taking in eur and gby vs. yen the driver here... the former has good support on the day at 149.60-55 and stronger support into 149.35-40

USA Zeus 13:20 GMT September 1, 2006 Reply   
Well what have we learned from the anti US bigots today?

Just pray no one trades from rancid propaganda BS posts thinking it is sincere except those who post it. I'll gladly be the punching bag if it saves someone unsuspecting of the ill minded leftist socialist puke posts.

van Gecko 13:18 GMT September 1, 2006 Reply   
"13:44 GMT July 31, 2006
.. Eur/Gbp weeklies below .6780 on this leg could resolve its L/T triangle & finally lead Euro & cousins down south to their M/T promisland.."

Eur/Gbp m/t support taken out.. now Eur/Jpy playing catch down..
things are looking up for Euro & cousin's merry go south m/t journey..
Cheerios..

Miami OMIL (/:-> 13:17 GMT September 1, 2006 Reply   
Short term view: While we are range bound in the eur/usd pair this would be the fifth time the main support would be tested in a month. Let's see if there are any serious players out there that are willing to push the market one way or the other as we start the month of September. GT

UAE Oil man 13:17 GMT September 1, 2006 Reply   
Short $CHF 1.2380 SL 1.2405
€$ 1.2770
Long gbp again at 65..T/P 20 or so pips..I ve done 8 trades, but hard to write them at all.

Support's 1.8940
1.2740...This breaks, stay side lines.
$CHF 1.2410 (resistance).

LKWD JJ 13:13 GMT September 1, 2006 Reply   
cris ct your the man, still holding my shorts in cable.

Miami OMIL (/:-> 13:12 GMT September 1, 2006 Reply   
Market is still in a range so watch out for the head fakes unless you have a super sharp system that can turn on a dime then I suggest to sit back and watch the market get rid of some eur/usd longs and the main support for now IMHO. GL GT

Athens 13:12 GMT September 1, 2006 Reply   
Cable is lower as expected re my comment here yesterday. Minor support lines coming in at 1.8945 and 1.8885 which might or might not hold, therefore booking some profit on short term shorts may be prudent. Have a good weekend.

UAE Oil man 13:07 GMT September 1, 2006 Reply   
Closed gbp with 10.

USA Zeus 13:07 GMT September 1, 2006 Reply   
EUR/USD flow as of 13:00 134% of daily ave over last week.

sanfrancisco analyst 13:05 GMT September 1, 2006 Reply   
PAR -

US dollar is gaining strongly in contrast to your claim it is not capitalising on data.

Your US payroll collapse propoganda is yet again not a reality.

Unemployment rate --- Prior (4.8) .. Current (4.7)
NFPayrolls --- Prior (121k) .. Current (128k)

Gee, can you guess if I'm long UsdChf ?

Side note : Trendline resistance and support coming up for Usdchf and GbpJpy not far from current market.

The Netherlands Purk 13:05 GMT September 1, 2006 Reply   
Instead of opening i closed 3 positions from above 150 in e/j. Will reload later. Correction in the beast works well for e/j or is it the other way around. Notice that usd/jpy keeps a small range of course of eur and gbp running now.
Patience paid out i guess....

USA Zeus 13:04 GMT September 1, 2006 Reply   
Oops meant Teeter-totter

Victoria Island FxLeader 13:04 GMT September 1, 2006 Reply   
Updated Target
Entries for long GBP/USD

9025,9000,8980,8960,8940,8920,8900,8880,8860,8840,8820,8800


Target @ 1.9051 4 entries hit already ;)

Vilnius Titas 13:03 GMT September 1, 2006 Reply   
Oil man
wach gbp/jpy...?!

USA Zeus 13:03 GMT September 1, 2006 Reply   
EUR/USD 1.2777 seems to be the fulcrum point yet again..tetter-totter

GER ad 13:02 GMT September 1, 2006 Reply   
EUR/USD,
1/2 position closed at 1.2780
S/L moved at cost

UAE Oil man 12:59 GMT September 1, 2006 Reply   
And now Taking New GBP$1.8975 1.8940 stops.
And some euros 1.2770 1.2740 stops.(not touched yet).

USA Zeus 12:59 GMT September 1, 2006 Reply   
Naples DC 12:53 GMT September 1, 2006

Great Scott! Can you believe it? Sublime pleasure that the magnetometer reeled it in from the high- swing high, swing low...
GT

Gen dk 12:58 GMT September 1, 2006 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Mumbai NS 12:56 GMT September 1, 2006 Reply   
Long euro 1.2770 s/l 1.2718 target open

gl gt

London Gooner 12:56 GMT September 1, 2006 Reply   
EUR 1H & 4H flag working to 1.2740.

Cable heading to 18950 where I close half my short to book
profit. 1-2-3 pattern posted earlier today coming into play may
be for mid term traders. Other half possie s/l at b/e.

UAE Oil man 12:55 GMT September 1, 2006 Reply   
Closed GBP$ -15.
Closed $Y -3
Closed Aud$ +53
Closed €$ +15.
Left with €£.

Lahore FM 12:55 GMT September 1, 2006 Reply   
usdjpy will lag only until we get two consecutive positve one hour chart closes above 117.40.once that is printed and done the only way is up.

GER ad 12:55 GMT September 1, 2006 Reply   
Long EUR/USD at 1.2765
40 pips S/L

Mla Evan 12:55 GMT September 1, 2006 Reply   
Euro is a sell, even sell on rally!

Naples DC 12:53 GMT September 1, 2006 Reply   
ZEUS
magic number under attack

lagos 12:51 GMT September 1, 2006 Reply   
hi friends-what is good about eurusd today? what do we expect?

Vilnius Titas 12:51 GMT September 1, 2006 Reply   
short usd/chf 1.2361, target 1.2320/30

Buenos Aires 12:49 GMT September 1, 2006 Reply   
Oil Man

stop loss in your gbp longs?? TIA

Vilnius Titas 12:48 GMT September 1, 2006 Reply   
covering short gbp/usd 1.8984(1.9045)

Roumeli anka 12:44 GMT September 1, 2006 Reply   
Athens, Mediterranean, the best basketball in the word.

USA Zeus 12:43 GMT September 1, 2006 Reply   
PAR- You continue to impress with your ever perfect counter anti forecasts for anti-aniti contra trades! :-)

Miami OMIL (/:-> 12:42 GMT September 1, 2006 Reply   
Short term: Although the indicators are showing a correction is under way from O/B levels on the GBP/USD pair it is also a buy if key support (8940-50) holds for now IMHO. GL GT

Gen dk 12:42 GMT September 1, 2006 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

UAE Oil man 12:41 GMT September 1, 2006 Reply   
The OZI barely budged in this spike.

Athens 12:40 GMT September 1, 2006 Reply   
Congrats Spain, tough luck Argentina losing by one point. A European final in Tokyo!

PAR 12:40 GMT September 1, 2006 Reply   
Unemployment figures better than I expected but Us dollar unable to benefit.Wrong analysis but still profitable.

Lahore FM 12:38 GMT September 1, 2006 Reply   
eurchf and usdchf telling long usd story.

UAE Oil man 12:37 GMT September 1, 2006 Reply   
Crazy when i took the gbp$ i had a 10 pips spread!

Syd 12:37 GMT September 1, 2006 Reply   
French Min Breton: Very Satisfied With ECB Rate Decision
In a televised interview on French channel LCI, Breton insisted French and European inflation were "very much" under control and closely monitored.

The euro is currently "rightfully valued and one has to be vigilant to make sure it isn't leaving its value range," Breton added.
www.lci.fr

UAE Oil man 12:36 GMT September 1, 2006 Reply   
Added euro longs

Miami OMIL (/:-> 12:36 GMT September 1, 2006 Reply   
A good time to buy eur/usd pair if the main support (2740-50) holds IMHO. Peace and GT

Lahore FM 12:35 GMT September 1, 2006 Reply   
correction**
Lahore FM 12:32 GMT September 1, 2006
long usdjpy at 117.36**.

UAE Oil man 12:35 GMT September 1, 2006 Reply   
Taking some GBP$ Long here

USA Zeus 12:34 GMT September 1, 2006 Reply   
USA Zeus 14:40 GMT August 31, 2006

That would be too sublime if we see the fulcrum, the ever so magical, mystical, enigmatic, quadratic EUR/USD 1.2777 (lucky 7's) strange attractor, fractal.

Either way it has to be that super magnetometer that is pulling so hard- PLOL

Swing high/Swing low-

USA Zeus 01:42 GMT August 30, 2006
Will EUR/USD 1.2777 be seen again??

Lahore FM 12:33 GMT September 1, 2006 Reply   
short nzdusd at 0.6551.

dc CB 12:32 GMT September 1, 2006 Reply   
Last part of loonie post cut off.

The BOC meets Wed and given the mixed stats coming out of Canada recently, I doubt they will hike, esp since the Fed is expected to stand pat.

USA Zeus 12:32 GMT September 1, 2006 Reply   
US AUG NONFARM PAYROLLS +128K
Guess I was off 1k- better luck next time! LOL

Lahore FM 12:32 GMT September 1, 2006 Reply   
long usdjpy at 117.35.

Syd 12:32 GMT September 1, 2006 Reply   
US Jul Unemployment Left Unrevised At 4.8%
US Jul Payrolls Revised To +121K From +113K
US Aug Overall Workweek -0.1 Hour To 33.8 Hours
US Aug Manufacturing Payrolls -11K; Svc-Producing +118K
US Aug Average Hourly Earnings +$0.02 To $16.79
US Aug Unemployment Rate 4.7%; Consensus 4.7%
US Aug Nonfarm Payrolls +128K; Consensus +130K

USA Zeus 12:31 GMT September 1, 2006 Reply   
Singapore fs 11:43 GMT September 1, 2006
Big bets? I doubt. LOL. From the looks of the harbor most big money has returned as the big slips are fairly full again. Many will just use the holiday as a local outing since school is mostly in session or will be next week. Also, college football has begun so expect sports books to see the bigger bets.
GL



As for the supposedly strong emplyment- Must be a lucky guess that the wealth effect is an imaginary ancillary result as well. Yes I know, the wealthy aren't the one's filling the cubicles- it's all the expanded employee base that has expanded the wealthy owners business, GDP and kept unemployment at levels 1/2 of France. Guess they say Microsoft, GE, Exxon, Boeing, Google etc were good stocks too- or was it the great United Arab ???

As for manufacturing jobs going overseas- hallelujah! Keeps inflation low as the first world economies enjoy the information age! Read a great article the other day which is so common place these days about colege kid in silicon valley who just sold his biz for $60mm- can afford many burger flipping, bicycle assemblyman with that!

sanfrancisco analyst 12:30 GMT September 1, 2006 Reply   
Time to trade. Off.

sanfrancisco analyst 12:29 GMT September 1, 2006 Reply   
Bush isn't "painting" anything, even Clinton has publically agreed with Bush regarding the fascism in Iran.

Lets hold on to reality folks.


Anyway, data on board.

sanfrancisco analyst 12:27 GMT September 1, 2006 Reply   
Profit margins in oil/gas are below most other corporate margins by sector regardless of the enumeration.

Miami OMIL (/:-> 12:24 GMT September 1, 2006 Reply   
Hello everyone just a bit of statistics before the NFP numbers are announced. Peace and GT

Market Has Overestimated Aug Payrolls 80% of the Time] Boston, September 1. In addition to overestimating payrolls in each of the last four months, the market has overestimated the August change in 11 of the last 14 years (including eight of the last nine years). The average miss when the median is above the actual is 80.5k, including a 243k miss on the August 1992 tally, and a 1k miss on the August 2002 report. In the 20% of the time the market underestimated August payrolls since 1992, the average miss was 41.3k with a high of 89k in 1995 and a low of 15k in 1998. (IFR)

Lahore FM 12:23 GMT September 1, 2006 Reply   
had closed usdjpy long from 116.61 partially at 117.05 and remainder at 117.35.
stopped for 1.1075 long usdcad at 65 yesterday.

sanfrancisco analyst 12:22 GMT September 1, 2006 Reply   
Yen gaining momentum ahead of the data so something to see if it sticks.

dc CB 12:19 GMT September 1, 2006 Reply   
The Netherlands Purk 10:18 GMT September 1, 2006
Looking at loonie today.

fwiw: oil/gas prices...as I leave for the long weekend I fill up my tank at $2.85/gal, vs two weeks ago at $3.15. Electioneering is going into full swing here as GWB and friends are painting his opposition as similar to those who coddled the Nazis before WWII. (thanks Karl Rove - ). Big Oil with their tens of billions in quarterly profits will do their best to help the big guy. The "premium" is being taken out at the NYMEX. Only a hurricaine in the Gulf of Mexico would put it back. imho.

This coming Wed, the BOC meets and with all the mixed economic stats coming out to Canada so far, I doubt they will

sanfrancisco analyst 12:16 GMT September 1, 2006 Reply   
Auckland trotter 12:08 GMT September 1, 2006 - Indeed, well said. Thank you.

FW CS 12:15 GMT September 1, 2006 Reply   
Of course San Fran Analyst flipping burgers for 6$ an hour counts the same to the emplyment payroll as making 20-25$ since all these high paying manufacturing job have left. Not sure what country you live in.

UAE Oil man 12:15 GMT September 1, 2006 Reply   
sanfrancisco analyst 12:04 GMT September 1, 2006

Under every stone lurks a politician.
-Aristophanes (450 BC).

Auckland trotter 12:08 GMT September 1, 2006 Reply   
sanfrancisco analyst 11:45 GMT September 1, 2006
Just to add to your comment:

I previously posted an observation that certain - “US fundamentals have been majors in the past, but recently their release has had little impact on the market�.

The market has changed over recent times. A single fundamental figure release should not be viewed in isolation to other aspects in the economy. There is an interrelationship between the fundamental figures, and this is being shown more so lately.

sanfrancisco analyst 12:04 GMT September 1, 2006 Reply   
Oil man - since you've decided to stick your toe in political waters, amazing that Kenneth Lay, the big leader of that debacle was a steadfast liberal who voted for Clinton eh?

It fits that Enron would fall into the category of scandal.

I'm glad they have cleaned up the mess again.

Yes, it is a fact that US employment average is greater than the last 3 decades and has been so for years now.

UAE Oil man 11:52 GMT September 1, 2006 Reply   
With such high supposed employment , makes you wonder how come the % increase in Salaries is so low.

UK Alex 11:51 GMT September 1, 2006 Reply   
Lahore FM 11:37 GMT September 1, 2006
I would work off the Conference Board's Help-Wanted advertising index which was published yesterday. As far as a guestimate goes, to the nearest 25K is good enough for me.

UAE Oil man 11:50 GMT September 1, 2006 Reply   
sanfrancisco analyst 11:45 GMT September 1, 2006

US employment average is greater than the last three decades ?

That is what they say, just like WCOM and Enron were great stocks..

sanfrancisco analyst 11:48 GMT September 1, 2006 Reply   
I am also wondering if the comments amount to a blanket sell USD suggestion due to the economic collapse. TIA

LOL

sanfrancisco analyst 11:45 GMT September 1, 2006 Reply   
I am paying very close attention to your propoganda but wonder how cool US data amounts to anything of any weight considering US employment average is greater than the last three decades ? :


PAR 10:45 GMT September 1, 2006
The trend is your friend and the trend has been for disappointing NFP figures . So 86M looks somewhat optimistic.

PAR 09:01 GMT September 1, 2006
Think Paulson told his Goldman friends he is not going to press the Chinese into currency revaluation so selling Yen seems to be a good idea.

PAR 08:54 GMT September 1, 2006
Despite weaker than expected UK pmi GBP moves higher because also most uk banks look for weak NFP figures .

PAR 08:45 GMT September 1, 2006
Looking at Us treasuries , metals and currencies the NFP like the last 4 months will again be worse than expected. With Us car manufacturers closing plants at an ever faster pace this seems not to be unlogical. Also despite upbeat comments US banks seems to be sellers of dollars and expecting lower Us interest rates.

Singapore fs 11:43 GMT September 1, 2006 Reply   
USA Zeus 11:40 GMT September 1, 2006
Since it is a holiday for most American... think everyone will be placing big bets.. unless they already gone for vacation...

USA Zeus 11:40 GMT September 1, 2006 Reply   
A punch with a big counter punch not seen on NFP much in these, the latter days but the seasons are turning so will be prepared for this possibility.

Lahore FM 11:37 GMT September 1, 2006 Reply   
This once we could not get ISM employment componenet before NFP release or else would have made some guesstimate on possible NFP number.

sanfrancisco analyst 11:37 GMT September 1, 2006 Reply   
Home - 85
Visitor - 125

Pretty much the score.

The Netherlands Purk 11:36 GMT September 1, 2006 Reply   
Ah: since it is Friday all moves seem to come early, so lets see if we can see a new daily high on e/j. It was not able to turn back to lows there, so only way is up again...

MDS PVR 11:36 GMT September 1, 2006 Reply   
UAE Oilman 9.56, re:news and markets:as you say, I have often found news-driven moves to be unreliable. News provoke corrections or accentuate an existing one, but rarely start a new trend.

sanfrancisco analyst 11:33 GMT September 1, 2006 Reply   
Athens -

I do appreciate your market perspectives fully.

I also congradulate you on your win in basketball. I actually find international wins in this sport refreshing and end up cheering the teams of different nations.

I would like to say something though out of competative heart lol.

Most NBA stars sit out these games to rest after their season.

If you put Kobe Bryant, Shaqille Oneil, Allen Iverson, Kevin Garnett, Ben Wallace on the US team everything changes.

Enjoy it though, its great fun !

Lahore FM 11:23 GMT September 1, 2006 Reply   
UK Alex 11:03 GMT September 1, 2006
Rather precise!

USA Zeus 11:21 GMT September 1, 2006 Reply   
Nettraderbd 10:47 GMT September 1, 2006
Thanks usa zeus for ur explain re NFP.
R u sure ? ADP + Govt jobs = NFP number.
if so which you guess nfp number 123-127k then expected 120 k.
---

ADP # is only a private sector #. The NFP includes gov't employees. the consensus forecast is for 120k.
My guess is only a guess- like I said for me I don't forecast (for many reasons), just trade the flow.
GL

London Gooner 11:18 GMT September 1, 2006 Reply   
Cable warnings of correction.
Daily divergence since May top.
Rise from 1.8875 against a MACD sell zone.
Last 4 sessions rise while SMA10 below SMA20.

Market is possibly forming a top below 1.9147 - A bad NFP should
be a chance to sell GBP on intraday rise. I personally think NFP will be in line. Best propably watching hourly earnings and ISM prices.

Trichet had no impact yesterday because market expected what
he said so priced in, also needs deeper correction before potential new highs, US PCE above 2% target still lurking in
the background of FED pause.
July/August move has not benefited a lot of absent participants
who won't chase 400 pips up from here in my view.

Auckland trotter 11:17 GMT September 1, 2006 Reply   
I am looking at the EUR/USD ranging between 1.2758 and 1.2880 at present from the 1hr 30 day chart. The price now is around the 38.2% fib on this chart, and this level of around 1.2813 I see as the level to watch as to the movement for the EUR/USD.

The up coming US fundamentals have been majors in the past, but recently their release has had little impact on the market. I would suggest that the market has already reacted to the consensus figures.

Looking at up pressure for the EUR/USD. If the price returns to the 50% of the range I am looking at around 1.2819, then I will be looking at the 50% fib around 1.2839.

Nervous market with fundamental consensus in favour of the USD, but my technicals give up pressure for the pair. Just looking for a few pips profit.

We shall see.

CT Cris 11:14 GMT September 1, 2006 Reply   
Nettraderbd 10:53 GMT September 1, 2006

in all cases number will be below 99k not 107.k

UK Alex 11:03 GMT September 1, 2006 Reply   
Derivatives traders see US Aug payrolls up 98,190

Nettraderbd 10:59 GMT September 1, 2006 Reply   
Dear PAR,
could u tell something about the NFP number optimistic 86k . where adp -107k

Nettraderbd 10:53 GMT September 1, 2006 Reply   
CT cris-

could u explain re your guses NFP number 86K today, though ADP come out 107 k yesterday.

Nettraderbd 10:47 GMT September 1, 2006 Reply   
Thanks usa zeus for ur explain re NFP.
R u sure ? ADP + Govt jobs = NFP number.
if so which you guess nfp number 123-127k then expected 120 k.
what you guess the market gbp/Usd move realease the data ?
if poor then expected what will be the move for the same?

PAR 10:45 GMT September 1, 2006 Reply   
The trend is your friend and the trend has been for disappointing NFP figures . So 86M looks somewhat optimistic.

CT Cris 10:43 GMT September 1, 2006 Reply   
NFP will be 86k.

L.A. Igrok 10:40 GMT September 1, 2006 Reply   
Two-way market is likely today with above average volatility.

Athens Xarian 10:20 GMT September 1, 2006 Reply   
Buenos Aires 10:18 GMT September 1, 2006

lol!! good luck for argentina. I prefer to meet in the final on Sunday
gl gt

The Netherlands Purk 10:18 GMT September 1, 2006 Reply   
Looking at loonie today. Did my first trade since 2 weeks on the bugger, was too much caught up in e/j as you can imagine of my endless posts. While oil is wiggeling between 68 and 71 so will loonie.
If loonie does its trick again i will take a possie and keep it for a week or so. Many people will think that it will visit the 1,20 again. But guess that the range will be very tight with this oil business, and the hits that it had makes it different for a descent move...

Buenos Aires 10:18 GMT September 1, 2006 Reply   
Athens Xarian 10:15 GMT September 1, 2006
We are the champions my friend......... !!!! Ole ole !!!

HAHHAA...BUDDY BETTER WAIT FOR US, OR IN THE WORST CASE FOR SPAIN LOL....

USA Zeus 10:15 GMT September 1, 2006 Reply   
EUR/USD flows still off by 23%. Will post data later after NFP just for kicks.

Athens Xarian 10:15 GMT September 1, 2006 Reply   
We are the champions my friend......... !!!! Ole ole !!!

USA Zeus 10:12 GMT September 1, 2006 Reply   
Congrats Athens on yr win. Much respect.

Nettraderbd 09:47 GMT September 1, 2006
Well not a forecaster but if held gun to my head I'd say-

The sketchy ADP National Employment Report shows U.S private sector added 107,000 jobs in Aug vs 99,000 in July.
(add approx 20k for gov't jobs)

Traders were betting on Thursday that U.S. employers added about 98,190 jobs in August in the third of four derivatives auctions before the NFP release.

Ok. Futures got burned from incorrect ADP before so they are cautious. My gut says ADP is huge and has an ego to restore so they want to be accurate. They were wrong at times but will flip a coin and say they are right this time. I see many help wanted signs around and high GDP. Rates are still relatively low. Stock market fairly high. The market does not like surprises. Many are praying for poor US results as they hope their USD shorts prevail. Market goes in most painful direction (path of least resistance) Mid-term elections soon so window dressing is possible to start any time.

Will take a stab, a guess, a 50-50 flip of the coin and say NFP 123k-127k vs expectations of 120k.

GL

Nettraderbd 10:05 GMT September 1, 2006 Reply   
uae oil man,
could u tell me how i can take a position on GBP/USD before 1 minit or 5 of NFP data realese. how many pips can move on the nfp data.and which time is better for take position on this data.

UAE Oil man 09:56 GMT September 1, 2006 Reply   
Athens 09:34 GMT September 1, 2006

Bravo!Guess dream team is just a name from 1992 , Argentina beat US in 2002(in athenes).
In 2006, Greece wins against Argentina hopefully!

UAE Oil man 09:49 GMT September 1, 2006 Reply   
Indonesia Dedep 09:24 GMT September 1, 2006
My advice is don't take a position on friday's if you don't have existing ones unless you have a plan and good method you are abiding too..
Particularly in a day like today , where it might just go up and down on the news reaction (eating the 50 pips stops long and short), then take it's final destination (up or down , or flat).
Let's look at the £$ , as you seem to be interested in that one,
The chances are very high , on the news reaction it does 1.9080 and/OR 1.8970 THEN goes the way it wants to go, up or down,flat..As you can see placing the stops is hard on news trading..The easy way to have a chance to grasp a friday train , is to have existing positions, or wait for the initial reaction, and follow the move (tricky , it can go down 100 pips then up 250 , eating break trader's stops).

My advice to you, as you seem to be starting in forex:
-Stay out of Friday trading unless you are riding existing positions for the first year of your forex trading, it might help you make a second year.
GL to you.

Nettraderbd 09:47 GMT September 1, 2006 Reply   
hello usa zeus,
how are u,
could u forcast your expected NFP number for today with analysis.

Cyprus Prometeus 09:37 GMT September 1, 2006 Reply   
See later in US. bibi

Cyprus Prometeus 09:36 GMT September 1, 2006 Reply   
Athens 09:34 GMT September 1, 2006

Wow... amazing how the world changes...dream team again will be hardly critisized ones gets home.

GER ad 09:35 GMT September 1, 2006 Reply   
EUR/JPY,
Out at 150.38

Athens 09:34 GMT September 1, 2006 Reply   
YEEEAAAAHHHH, we are in the final. Gteece beat the USA 101-95.

GER ad 09:28 GMT September 1, 2006 Reply   
UAE Oil man 09:18
Hi Oil man,
I am an adept of the wisdom "Sparrow in hand is better than pigeon on tree".
GT & GL

Colloroy Plateau FOREX979 09:27 GMT September 1, 2006 Reply   
UAE Oil man

PRICE DISCOVERY IN CURRENCY MARKETS

Thanks for sharing this Oil Man.

USA Zeus 09:26 GMT September 1, 2006 Reply   
Oil man- Great paper- thanks. Makes a lot of sense and hopefully some traders here realize that the "best spread" cn be an adverse situation. Always important to understand dealing practices of different dealers. Some lean on their book, others on positions etc. I prefer the "transparent" dealers that have reasonable spreads and excellent straight thru processing (STP).

GT

Indonesia Dedep 09:24 GMT September 1, 2006 Reply   
UAE Oil man
raden recommended me to ask u about analysis.he said your posting will help me.
may I know your plan of entry and exit include stop loss from your ccy that you trade? or will be glad if you write your planabout gbp/usd.
please write here, sure many people will help from your answer.
thanks so much.

UAE Oil man 09:18 GMT September 1, 2006 Reply   
Good to see you still scalping around , ad.
GT to you.

UAE Oil man 09:16 GMT September 1, 2006 Reply   
http://faculty.haas.berkeley.edu/lyons/Osler_Price%20Discovery.pdf

PRICE DISCOVERY IN CURRENCY MARKETS

Good reading , while we re waiting.

GER ad 09:14 GMT September 1, 2006 Reply   
RSA Abe 09:02,
Thanks for support.
GT & GL

London Gooner 09:11 GMT September 1, 2006 Reply   
Just to add to previous -

Pivot on EUR today 1.2824

Cyprus Prometeus 09:10 GMT September 1, 2006 Reply   
Tks Abe. Am still 47 high here, not a problem however. Just keeping attention onto brokers' ethics, as at times some of them - you know.

GER ad 09:10 GMT September 1, 2006 Reply   
Cyprus Prometeus 08:58
A broker with own opinion, may have prices 1-2 pips below or over the market.
Some time you may get stopped without merit because this.
Your spread may play a role if you haven’t 150.48 seen until now.

London Gooner 09:04 GMT September 1, 2006 Reply   
Potential bearish flag on 1H & 4H on EUR -

RSA Abe 09:02 GMT September 1, 2006 Reply   
Cyprus Prometeus 08:58

Interbank also printed a 48....

USA Zeus 09:02 GMT September 1, 2006 Reply   
EUR/USD flow picked up a little last hr. Still 30% shy of ave over last week.

PAR 09:01 GMT September 1, 2006 Reply   
Think Paulson told his Goldman friends he is not going to press the Chinese into currency revaluation so selling Yen seems to be a good idea.

USA Zeus 08:59 GMT September 1, 2006 Reply   
The Netherlands Purk 08:53 GMT September 1, 2006
Zeusy is not good at forecasting (just trading) but did dump out of those longs yesterday (as per post) at 150.69 for a 1 day figure+ gain.

Cyprus Prometeus 08:58 GMT September 1, 2006 Reply   
Ger ad... haven't seen 48 printed here. Just wondering which broker are you using.

GER ad 08:56 GMT September 1, 2006 Reply   
Small short EUR/JPY at 150.48
40 pips S/L

Cyprus Prometeus 08:54 GMT September 1, 2006 Reply   
Morning.

Will the UsdJpy run into resistances up 117.70/90 and 118.30.

Looks plenty up there.

PAR 08:54 GMT September 1, 2006 Reply   
Despite weaker than expected UK pmi GBP moves higher because also most uk banks look for weak NFP figures .

The Netherlands Purk 08:53 GMT September 1, 2006 Reply   
ZEUS: doesnt matter, we are going to pick the top today in e/j. Mine is around 15070, maybe 15 for the sharks, whats yours?

USA Zeus 08:50 GMT September 1, 2006 Reply   
The Netherlands Purk 07:05 GMT September 1, 2006
Sorry missed the code y'day. Plz see YIM.
Cheers.

The Netherlands Purk 08:49 GMT September 1, 2006 Reply   
Ah, move in e/j comes 15 minutes earlier. So low is set for today. Target: 15085. Shall we see it? The lads are becoming a bit predictable...

CT Cris 08:46 GMT September 1, 2006 Reply   
NFP number records show lower number in AUG than Jul. Last month the number came out at 113K. So they are expecting a better number. in all cases I feel the reaction will be weak
today with this data.

PAR 08:45 GMT September 1, 2006 Reply   
Looking at Us treasuries , metals and currencies the NFP like the last 4 months will again be worse than expected. With Us car manufacturers closing plants at an ever faster pace this seems not to be unlogical. Also despite upbeat comments US banks seems to be sellers of dollars and expecting lower Us interest rates.

USA Zeus 08:42 GMT September 1, 2006 Reply   
Consider nearly 2/3 of flow volume was realized yesterday between 12:30 and 16:30 GMT yesterday...

USA Zeus 13:53 GMT August 31, 2006
USA Zeus 11:32 GMT August 31, 2006
Daily flow volume for EUR/USD and GBP/USD are just over 25% of daily ave to this point. Obviously decisions are pending on data and press sessions over next 5 hrs or so. Get set for the real flows.
--------
flow volume really heating up now.

Vilnius Titas 08:41 GMT September 1, 2006 Reply   
short gbp/usd 1.9045, target 1.8988

CT Cris 08:36 GMT September 1, 2006 Reply   
Nettraderbd 08:32 GMT September 1, 2006

regadless the NFP number , the reaction of the market will be
slow with this data today.

USA Zeus 08:34 GMT September 1, 2006 Reply   
UAE Oil man 08:29 GMT September 1, 2006

Suit yourself. But you do not know what I have so hard to over simplify with generic criticism. Use it or ignore it just the same.

GT

Nettraderbd 08:32 GMT September 1, 2006 Reply   
CT
what you think about the NFP number for today?is it bigger then expected or not?explain it pls.

UAE Oil man 08:29 GMT September 1, 2006 Reply   
Zeus, volumes you get WILL be skewed and wrong..It's like checking worldcup bet odds with only 1 broker, while there are HUNDRED's of brokers..the betting odds you'll get will be wrong.
Forex isnt centralized.(point).

Here , €$ volume has increased 110% since last friday at this broker..And at the other it's 15%..

hk ab 08:25 GMT September 1, 2006 Reply   
thanks for your great food. GT

CT Cris 08:25 GMT September 1, 2006 Reply   
CT Cris 07:29 GMT September 1, 2006
my system shows , market will be very slow ,even after NFP
data.


=====
USA Zeus
your voulme information confirmed by my system.

USA Zeus 08:19 GMT September 1, 2006 Reply   
Rio 08:13 GMT September 1, 2006
paris mgv 08:11 GMT September 1, 2006

Can't disclose source but happy to share.
It is quite accurate from a top tier perspective.

UAE Oil man 08:15 GMT September 1, 2006 Reply   
hk ab 06:17 GMT September 1, 2006
Hello AB,
No my eurgbp limit wasnt touched(yet).
As for my favorite , i m going to leave the eur$ long i have into play from 1.2760 area , the aud$ 7580, €£ and $Y(that one i might remove in a few, so that i have NO risk this friday).
Hopefully they go up without ever going to my entries, leaving me in a train , choot choot...if not i guess market goes down, and i get stopped at entries..Not much of a risk involved, unless market gaps with a liquidity black hole like happened awhile ago on NFP numbers...(200 pips on gbp$ , 90 pips on €$..things that can really HURT margined leveraged x10 account or more)..
I have to admit the daily €$, isnt that great looking (with 2 red bars) the last days, the SHS formation (head at 1.2937 as seen on my yersterday's charts), but then charts aren't a perfect tool, they show possible outcome from past analysis..Therein lies the flaw...Anyone thinking the contrary hasnt been trading for long.
I think 112K for nfp , have to see how market takes the news.
I have a good sit, i grabbed a euro long at 5/10 pips from weekly low..Don't think i could have done any better, same for Ozi..Let's see where the train goes.

GL and GT.

Rio 08:13 GMT September 1, 2006 Reply   
USA Zeus ... where you get volume information? And how accurate is it?
TIA

The Netherlands Purk 08:13 GMT September 1, 2006 Reply   
Will the 15085 be seen today? That all depends on usd/jpy and eur/usd. Or will the e/j make a dive because it is september. In 50 minutes we will know if we can approach the 15044 again...
Closed aloonie long from yesterday. d... missed the low with 7 pips.. trading in clogevening still is worth my 20...

paris mgv 08:11 GMT September 1, 2006 Reply   
USA Zeus 08:05 GMT September 1, 2006
And,where did you get that information from?...tia..

London Gooner 08:08 GMT September 1, 2006 Reply   
Well looks like a good outside day on EUR yesterday. Cable also showed signs of lacking muscles to get above 1.9100 again.

Outside days in EUR ususally work well so today should short any upmove.

Cable could also be making a 1-2-3 pattern at top of recent rally
1 - was 1.9147 high
2 - was 1.8775 low
3 - 1.9044 ydy
Worth shorting now reduced size with sl above 1.9147 if 1-2-3
materialises we should see return towards 1.8775 and will be confirmed if breaks sell again for acceleration much lower 300-400 pips.

USA Zeus 08:08 GMT September 1, 2006 Reply   
As seen previously-

USA Zeus 00:22 GMT September 1, 2006

"The sketchy ADP National Employment Report shows U.S private sector added 107,000 jobs in Aug vs 99,000 in July. When adding gov't jobs in the number is at the forecast NFP.

Traders were betting on Thursday that U.S. employers added about 98,190 jobs in August in the third of four derivatives auctions before the NFP release."

USA Zeus 08:05 GMT September 1, 2006 Reply   
Just checked- the flow volume one EUR/USd was only 53% of normal 1st London hour when compared to average over the last week....sideliners waiting for data.

Bandung Lippo Suit 1102 08:04 GMT September 1, 2006 Reply   
Will dollar crash today? it's a question of lust!
Since consumer conf fell (107.0 to 99.6) it'is a clue that NFP 120k is too high to be expected and ISM 55 is an over confident expectation.

And even if you hate al-qaeda, hizbullah and Ahmedinejad.. don't be ally with dollar!

Everybody hurt sometimes.. and I ll be ready.. if in case ==Indonesia-solo Raden Mas 06:47 GMT September 1, 2006== is right.

Now I still flying to the sky of GBP 1,9145 ->> 1.9120->> 19350
But my faith will be stopped on GBP 1.8950, and will follow the down stream.

Syd 08:03 GMT September 1, 2006 Reply   
Fundamentals Can't Justify NZD Rally - FNZC
Strength of NZD past few weeks cannot be justified on economic fundamentals, says First NZ Capital strategist Jason Wong; "activity indicators - bar recent employment data - have been decidedly soggy and reinforce our view of a sluggish domestic economy continuing for some time yet." Says current NZD levels suggest "another golden opportunity" to increase short positions. NZD/USD, which rose just over 6% last month, last 0.6549.

Gen dk 08:01 GMT September 1, 2006 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Gen dk 08:00 GMT September 1, 2006 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

JHB ValeoFx 07:50 GMT September 1, 2006 Reply   
hercsvw@telkomsa.net

Thanks.

CT Cris 07:47 GMT September 1, 2006 Reply   
your email

JHB ValeoFx 07:44 GMT September 1, 2006 Reply   
CT Chris, may I contact you directly, please?

CT Cris 07:29 GMT September 1, 2006 Reply   
my system shows , market will be very slow ,even after NFP
data.

CT Cris 07:22 GMT September 1, 2006 Reply   
PHX RuGO 07:02 GMT September 1, 2006
CT cris, DT = Dynamic Trader

I am using my own system ,very accurate .

The Netherlands Purk 07:16 GMT September 1, 2006 Reply   
e/y: well at last that under 150 kicked in, guess that a few where realeased so that they could unload their positions... I dont see clear pattern unless 15085 is broken, or on the downside the 14903...
It can happen suddenly that the longers decide to buy near the lows...

The Netherlands Purk 07:05 GMT September 1, 2006 Reply   
USA Zeus 06:28 GMT September 1, 2006

I think so, because we saw two movements, one up one down. So i will first await down, and than an upper....
You must be looking at darkness...

PHX RuGO 07:02 GMT September 1, 2006 Reply   
CT cris, DT = Dynamic Trader

Indonesia-solo Raden Mas 06:47 GMT September 1, 2006 Reply   
maybe only few people thinking eur/usd will down till tgt 1.2598 or 1.2530 as the bottom tgt.
this wave will hurt many profesional chartist.
see u later

Indonesia-solo Raden Mas 06:42 GMT September 1, 2006 Reply   
eur/usd route forcast :
1.2877(have done) ---> 1.2785(have done) ---> 1.2821 (have done) ---> 1.2800 ---> 1.2792 ---> 1.2811 ---> 1.2761 ---> 1.2803 ---> 1.2714-2701 --- > 1.2772 ---> down again.

Singapore fs 06:41 GMT September 1, 2006 Reply   
USA Zeus 06:28 GMT September 1, 2006
Well, it all depends on the Iran... ha ha... http://www.dailyfx.com/story/currency/eur_fundamentals/Surprisingly_Hawkish_Comments_from_ECB_1157063916894.html

Euro data is weak and US data is bad... then, here comes the Iran in between to affect the emotion of the investor... ha ha... :)

Indonesia-solo Raden Mas 06:35 GMT September 1, 2006 Reply   
gbp/usd wave today :

1.8993(done)----> 1.9050 (done) ---> 1.9024 ---> 1.9038 ---> 1.8966 (or little lower) ---> 1.9008 ---> 1.8891

the follower have known what must they do from this route forcast.

happy trade.

Indonesia-solo Raden Mas 06:29 GMT September 1, 2006 Reply   
hello forum. good afternoon

USA Zeus 06:28 GMT September 1, 2006 Reply   
Is the EUR/USD about to continue what it started yesterday?

hk ab 06:17 GMT September 1, 2006 Reply   
oilman, what's your favourite today?

Adelaide albbar 06:11 GMT September 1, 2006 Reply   
Anybody else having trouble opening their f..cm platform?

madrid mm 06:07 GMT September 1, 2006 Reply   
gm fx jedi,

US and Canada off on Monday.

Highlights so far - 1st September 2006

IMF MD Rodrigo Rato says that it is in China's interest to implement the FX regime for CNY it gave itself last more forcefully. Important for US fiscal policy to reduce the twin deficit - Reuters.

US Treasury Secretary Henry Paulson will make speech on international economy on Sept 13 during his visit to Asia.

Kyodo: Chief Cabinet Secretary Shinzo Abe, the front-runner in the race to become Japan's new PM later this month, is set to formally declare his candidacy Friday and unveil a policy platform likely to include revising the nation's pacifist Constitution and education reforms.

Abe is scheduled to hold a news conference in Hiroshima in the late afternoon, after attending a Liberal Democratic Party local convention there with two other contenders in the Sept. 20 LDP presidential election -- Finance Minister Sadakazu Tanigaki and Foreign Minister Taro Aso.

Economics Minister Kaoru Yosano says there is no need to worry about Japan economic recovery being derailed.

Australia Q2 current account deficit narrows to AUD13.329bln, lower than AUD13.90bln expected, from AUD13.631bln in Q1. Australia net exports impact on Q2 GDP -0.2pts. Australia Q2 net foreign net AUD493.828bln.

US Hurricane Center says Tropical Storm Ernesto has made landfall near Long Beach.

After ECB meeting and hawkish ECB Pres Jean-Claude Trichet yesterday and ahead of US NFP today, and long US weekend with US and Canada off on Monday, JPY starts its new month of September stronger after closing weaker in August, from the usual stronger JPY moves in recent years.

Good 2 way interest at the fixing, with very good offers, talks of China, Asian CBs, options, UK clearers, Japanese exporters and securities houses capping USD/JPY at 1-month highs of 117.50.

Some Japanese trust banks buying, but hearing good selling from Japanese custodian, regional and agricultural banks, mega-city banks after fixing at 117.40, joined by US investment houses and banks. The selling gathered momentum on large lot NZD/JPY selling from Japanese securities houses, brokerages, said linked to >NZD400m Uridashi redemption on Sept 7, which helped, triggered Cross/JPY sales as Japanese lifers, asset managers, investors dumped too.

Talks selling partly linked to yest's MSCI index changes, EUR/JPY linked to Italian EUR14.2-15bln bond redemption today. Also talks players may have been too bearish JPY on the recent weak Japan CPI, as BoJ stance remain same. EUR/JPY dipped blw 150 to 149.90, but up again on UK clearers, Asian buying buying, pushing it back up to 150.10-20.

Hearing good EUR buying on dips at 1.28 from pair of large UK clearers out of HK, despite very good selling from Europeans, French and speculators, including Japanese EUR/JPY sellers, speculation of China, Asian CBs as EUR buyers.

Kiwi sold, led by NZD/JPY, with AUD/NZD off 5-m lows of 1.16 after large stoploss AUD/NZD selling on break of 1.1660-80 yesterday by US hedge funds. Talks of large AUD expiry at 0.7650, talks Tokyo and NY cut today.

All eyes on US NFP tonight, with some market players calling for as low as 70-80k in jobs.

Nikkei -20.48pts at 16,120. JGBs off 6-m high on profit-taking. 10-yr yield +0.035% at 1.655%.

Asian FX ranges: USD/JPY 117.10/117.47, EUR/USD 1.2796/1.2815, GBP/USD 1.9011/1.9055, USD/CHF 1.2305/1.2325, AUD/USD 0.7628/0.7655 NZD/USD 0.6535/0.6569.

CT Cris 06:06 GMT September 1, 2006 Reply   
DT..what means

PHX RuGO 06:04 GMT September 1, 2006 Reply   
CT cris, if you don't mind me asking, do you use DT indicators?

CT Cris 05:59 GMT September 1, 2006 Reply   
cable sell at 19045 tp 19015

USA Zeus 04:35 GMT September 1, 2006 Reply   
Ok- New month, new P/l. Something tells me that this month will lead into an epic year end.
So plan to really crush it and trade hard.
Do not fear the market it has no emotion.
Must trust the system without hesitation.
At times this means must rush in when others are rushing out.
The best decision is not always the popular choice but will "trade the plan".

GL GT

Mumbai NS 04:30 GMT September 1, 2006 Reply   
Hi all

For all those who took profit on eur and cbl longs yesterday shuld now look to sell euro on upticks think a test to 1.2720 is possible before a resumption of the uptrend in cbl wuld prefer to stand aside or buy a gud dip.Usdjpy i still see it as topping out close to 117.50 areas.

gl gt

austin mw 04:07 GMT September 1, 2006 Reply   
sanfrancisco analyst 03:29 GMT September 1, 2006


my well respected 49'er would you mind giving me your opinion of gbpusd? thank you...

hk ab 04:00 GMT September 1, 2006 Reply   
oilman, have you got your eur/gbp filled?

hk ab 03:59 GMT September 1, 2006 Reply   
syd, thanks for the info.

Syd 03:56 GMT September 1, 2006 Reply   
NZD/JPY Selling Weighing On Market

A large seller of NZD/JPY earlier capped NZD/USD rally at 0.6570, will likely weigh on market for remainder of day. Seller was Japanese based and amount suggested $500 million; potentially unwinding of uridashi investment, says trader.

ca 03:40 GMT September 1, 2006 Reply   
i recently covered my short and am watching now for a good re-entry point. overall there does seem to be more downside for eur/usd right now...

sanfrancisco analyst 03:29 GMT September 1, 2006 Reply   
Expecting 22360 to be re-tested and hold for now.

austin mw 03:10 GMT September 1, 2006 Reply   
a 02:51 GMT September 1, 2006
eur/usd at/near support now at .28 and may bounce off it...

are you long or short eurusd?

ca 02:51 GMT September 1, 2006 Reply   
eur/usd at/near support now at .28 and may bounce off it....

Sydney ACC 02:44 GMT September 1, 2006 Reply   
hk ab 01:36 GMT September 1, 2006
Profitb taking in all of the yen crosses.

la oleg 02:29 GMT September 1, 2006 Reply   
today is a great day in america... the start of college football.

hk ab 01:36 GMT September 1, 2006 Reply   
test of nzd strength now.

Syd 01:24 GMT September 1, 2006 Reply   
Sept G7 May Disappoint USD Bears - BarCap

Contrary to FX market expectations, September G7 communique may be a nonevent, says Barclays: Is view meeting will repeat call for nations - especially those in emerging Asia - to address global imbalances, a central recommendation of April gathering. Still, it adds in April that IMF (according to some Japan officials) held closed-door session on global imbalances on morning of G7 meeting where argument put USD needed to fall heavily, apparently spurring G7 to act via communique; it's "widely believed this meeting is not scheduled to be held in September." With U.S. economic outlook less clear, U.S. may be less willing to accept extra USD weakness as may lead to USD free-fall; eurozone officials may be unwilling to put extra pressure on China given EUR has risen vs USD since April. Means meeting this time around "could turn out to be a nonevent and this could disappoint the market," send USD/JPY up.

Philadelphia Caba 01:19 GMT September 1, 2006 Reply   
Good evening/morning..

New Zealand J 01:07 GMT
If tomorrow us data disappoint, we can see test of 6680..imo.

NYC PCM 01:15 GMT September 1, 2006 Reply   
New Zealand

What time frame for NZDUSD are asking about?

New Zealand J 01:07 GMT September 1, 2006 Reply   
any views on the NZ/USD anyone?

USA Zeus 00:48 GMT September 1, 2006 Reply   
austin mw 00:27 GMT September 1, 2006

Will be interesting for sure MW. While no expert myself (just a student of the markets) the headcount number is always important but the market seems to have shifted over the last year to now focusing on inflationary measures.

With a hot economy and a statistically "full capacity" employment picture (See Euro zone unemployment rate vs US) wages do become an important measure for sure.
GT :-)

austin mw 00:27 GMT September 1, 2006 Reply   
USA Zeus 00:22 GMT September 1, 2006

Zeus, I wonder if the market is less concerned with unemployment rate and new jobs as it will be with hourly pay?

USA Zeus 00:22 GMT September 1, 2006 Reply   
The sketchy ADP National Employment Report shows U.S private sector added 107,000 jobs in Aug vs 99,000 in July. When adding gov't jobs in the number is at the forecast NFP.

Traders were betting on Thursday that U.S. employers added about 98,190 jobs in August in the third of four derivatives auctions before the NFP release.

So the NFP should be a blast to trade from as usual.
GL GT

Cyprus Prometeus 00:21 GMT September 1, 2006 Reply   
Seven Up



Good night and good luck