Chicago DV 23:48 GMT March 12, 2012
Look at eurjpy
NC JJM 23:46 GMT March 12, 2012
Reply
June S and P futures (1367.50)>>> All the ingredients are coming together for a large move/ breakout.......at least a good 30-40 point s and p futures move and the parameters are well defined......watching key resistance at 1371-72 and then on downside support at 1357-1357.40....ATR (average true range on daily getting unusually low) supporting a large breakout. Watching closely for direction.
Tokyo Nishi 23:44 GMT March 12, 2012
Any time between 0330-0500 GMT.
Brock Thor 23:43 GMT March 12, 2012
Reply
EURUSD
Entry: Target: Stop:
EUD/USD just took off a little bit up... 15 pips quickly
Seattle SL 23:28 GMT March 12, 2012
Reply
When is the BOJ meeting?
Cambridge Joe 23:27 GMT March 12, 2012
Would that it were not so, my friend.
If this is how it is to be, then I am not so sure that survival is the best thing.
Go your ways: behold, I send you forth as lambs among wolves
If this is their victory, then let them have it.... it is brief enough.
HK RF@ 23:20 GMT March 12, 2012
.
"He was sentenced to life in prison, but will be eligible for parole in nine years. Gibbs was also found guilty of 12 related charges, including taking body parts as trophies from corpses".
...NOTHING IS NEW UNDER THE SUN:)
John Milton Chivington (January 27, 1821 – October 4, 1894) was a colonel in the United States Army who served in the American Indian Wars......
about two-thirds of whom were women, children, and infants – were killed and mutilated by his troops. Chivington and his men took scalps and other body parts as battle trophies, including human fetuses and male and female genitalia.[1]
Cambridge Joe 22:44 GMT March 12, 2012
Reply
Oh what a tangled web we weave, When first we practice to
deceive.
http://abcnews.go.com/Blotter/leader-thrill-kill-soldiers-found-guilty/story?id=14924863#.T151WYFmLd4
Good grief.
Boston eFX 22:30 GMT March 12, 2012
Reply
(Dow Jones via eFXnews) The European single currency is in a downtrend extension against the dollar that is expected to stretch to January's long-term low at 1.2624.
The probe below....
EUR/USD Bear Wave Targets 1.2624/59 (full story)
Boston eFX 22:28 GMT March 12, 2012
Reply
(Dow Jones via eFXnews) There are "bouts of unwinding" euro shorts in the market, says Douglas Borthwick of Faros Trading. "The market is short the euro and the news coming out of the euro zone continues to be better.
The shorts are realizing that the reason they....
Some Euro Shorts Unwinding - Faros Trading (full story)
GVI Forex john 22:19 GMT March 12, 2012
Reply
March 12 (global-view.com) UPCOMING DATA HIGHLIGHTS for Tuesday, March 13.
Updated: Trading Events Calendar:
- Far East: No Major Data.
- Europe: GB- Trade, DE-ZEW.
- North America: US- Retail Sales, Business Inventories, 10-yr Auction, Fed, API.
GVI Forex john 21:08 GMT March 12, 2012
-
Key
Items: GB-Trade, DE-ZEW, US- Retail Sales, 10-yr, Fed.
-
Tuesday
sees a key meeting and policy decision by the FOMC.
-
Odds
strongly favor a steady policy, but many are starting to wonder when
the
central bank will start to hint at less accommodative policy
posture? This would be USD constructive.
-
Sentiment
started to change after U.S.
February monthly employment data on Friday were stronger than
expected and might have set the stage another USD move higher.
-
The Greek financial crisis will be
started to fade from view on Monday after the Collective Action Clause (CAC)
was declared last Friday and Credit Default Swaps (CDS) were triggered. Now it is time
for the Troika to release bailout funds to Greece in the week ahead. We
are not done with Greece yet with national elections coming in April.
-
Softer
than expected Chinese CPI data reinforces speculation for another
cut in interest rates by the PBOC. the Chinese Trade deficit
released on Friday was larger than expected. Monetary policy ease
was hinted at.
Your thoughts, comments questions, additions, etc, needed and appreciated!
GVI Forex Blog 21:03 GMT March 12, 2012
Reply
Key Items: GB-Trade, DE-ZEW, US- Retail Sales, 10-yr, Fed.
Tuesday sees a key meeting and policy decision by the FOMC.
Odds strongly favor a steady policy, but many are starting to wonder when the central bank will start to hint at less accommodative policy posture? This would be USD constructive.
Forex Trading Talk 00:00 GMT 13 March 2012
Lahore FM 20:26 GMT March 12, 2012
expecting most dramatic price action rest of the week on gold.
best bet it will drop but you never know.
my short has sl at 1708 now.its half part only.
closed nzdusd and audusd short remainders for okay profit.
eu pat 20:18 GMT March 12, 2012
Reply
is it time to clear another large s/l ?
Syd 20:14 GMT March 12, 2012
Reply
Case in point, he keeps all kinds of weapons on his Texas compound and he's buying up nickels because he believes the coins will eventually be worth more than 5 cents
businessinsider
GVI Forex john 19:51 GMT March 12, 2012
Reply
UPDATED. Global-View Free FX Database. High-Low-Close data for over a dozen currency pairs for well over a decade of
data in Excel spreadsheet format.
Cambridge Joe 19:49 GMT March 12, 2012
Reply
Just ventured a small long scalp in Silver.
decided to check the 1 hour chart and have signs of serious upside for Silver fairly imminent.
In my set-up, to trigger big buy signal , price would need to drop below, then return above 33.26.
This is at current levels, so, as time goes on, the levels shift.
That is to say after some time, maybe the price won't have to drop before rising.
Sorry to be vague, but, that is what I have. As always... can crash and burn.. So ! DYOD.
glgt.
Syd 19:32 GMT March 12, 2012
Reply
driven higher by record imports of autos, capital goods and food, government data showed Friday.
marketwatch
GVI Forex john 19:02 GMT March 12, 2012
FWIW-early in the day EURUSD was trading very tightly with the S&P. That correlation has turned very loose during the U.S. session today.
Syd 18:58 GMT March 12, 2012
Reply
Mother of all problems
LINK
GVI Forex Blog 18:54 GMT March 12, 2012
Reply
AUD/USD and NZD/USD outlook next 24 hours: Local data today is minor including Australian home lending and business confidence and NZD housing data and food prices. EZ finance ministers meet tonight in Brussels to sign Greece’s second rescue package. The AUD decline since 29 Feb is mature so a small bounce towards 1.0600 is possible today. NZD’s decline has further to go, 0.8137 today and possibly 0.8100
Forex - Morning Report (Westpac)
GVI Forex Blog 18:43 GMT March 12, 2012
Reply
18:40 GMT (Global-View.com) March 12- The Global-View.com D.O.G. (Dollar, Oil, Gold) investor purchasing power index is ending Monday in North America at .5168, +0.11% from its Friday close (-3.94% vs. end-2010).
Global-View D.O.G. Index March 12, 2012 U.S. Close
GVI Forex john 18:41 GMT March 12, 2012
Reply
18:40 GMT (Global-View.com) March 12- The Global-View.com D.O.G. (Dollar, Oil, Gold) investor purchasing power
index is ending Monday in North America at .5168, +0.11% from its Friday close (-3.94% vs. end-2010).
As for its key subcomponents, the USD forex purchasing power index is .7810, -0.11% (+0.36% vs. end-2010). The
forex index is value is calculated against the top six trading currencies.
Against gold, the USD purchasing power index is worth .1693, +0.60% (-16.54% end-2010).
Against crude, it is at 0.4191, +0.95% (-14.06% end-2010). The D.O.G. Index base is 1.00. It is measured against
levels from the start of 1999, as of the initial launch of the euro (currency).
D.O.G. Homepage
JERUSALEM KB 18:34 GMT March 12, 2012
Buy USDJPY
Entry: 81.50 Target: 82.80-85.25 Stop: 81.20
limit order at place
Boston eFX 18:23 GMT March 12, 2012
Reply
(Dow Jones via eFXnews) There is room for EUR/USD buying, as the pair was bought net last week when major developed currencies like EUR, USD and JPY were all bid, UBS says.
The bank notes that asset managers have .....
UBS: Room For EUR/USD Buying (full story)
JERUSALEM KB 18:00 GMT March 12, 2012
GBPCAD
Entry: Target: Stop:
Sell GBPCAD
Entry: 1.5590 Target: 1.5465-1.5155 Stop: 1.5695
a sell limit if seen
============
i delete this order
msa nsm 17:02 GMT March 12, 2012
Trying again sl 1.3165
msa nsm 16:31 GMT March 12, 2012
No reason why it shouldnt beak higher except on 15m once broken it's up past 1.3160 rest. Closed my hedge for a 37 pip loss
Beijing Laowen 16:11 GMT March 12, 2012
Saar KaL 15:39 GMT March 12, 2012
=============================
KaL, cool call. cheers.
Lahore FM 16:11 GMT March 12, 2012
cheers tt dear!
Chicago tt 15:56 GMT March 12, 2012
FM, I am not sure about alot higher (have my doubts) but good call on direction.
eu pat 15:54 GMT March 12, 2012
Reply
its cleared....there are still strong selling interest at current level...let see...
GVI Forex john 15:54 GMT March 12, 2012
Reply
March 12 (global-view.com) UPCOMING DATA HIGHLIGHTS for Tuesday, March 13.
Updated: Trading Events Calendar:
- Far East: No Major Data.
- Europe: GB- Trade, DE-ZEW.
- North America: US- Retail Sales, Business Inventories, 10-yr Auction, Fed, API.
hk ab 15:44 GMT March 12, 2012
how about your gold long @1706.1?
singapore Td 15:44 GMT March 12, 2012
Reply
Sell euro 1.3126, stop 1.3167
Saar KaL 15:39 GMT March 12, 2012
IMO Heading to 1.3250 area from here
takes a coffee break then 1.3340
eu pat 15:34 GMT March 12, 2012
Reply
will we break resistence finally?
hk ab 15:15 GMT March 12, 2012
my suggestion is to long gold after March.....especially if you are thinking about long term positions.
Central Kwun 15:10 GMT March 12, 2012
thx, ab, my 2 call of gold at 1696.50 and 1694.50 are ok now.
GVI Forex 15:05 GMT March 12, 2012
Reply
European and US equity markets are trading more or less unchanged this morning in a rather subdued market, with volumes well below average. Greece has officially completed its €177B debt swap after the trigger of CDS, while the shocking February Chinese trade deficit and tomorrow's FOMC decision are most forward in traders' minds today.
TradeTheNews.com US Market Update
Lahore FM 14:53 GMT March 12, 2012
eurusd probably headed to 1.3170 and then much higher from current 1.3124
Saar KaL 14:53 GMT March 12, 2012
I just upgraded to standard with 1000 USD= 1 Lot
at 200:1 Margin
IMO if you follow below
there is no way you used margin will be more 5%
with a 5 K account with 1 Lot each 6-9 hrs @ MKT Entry
and Forecast Exist
Use small with mass over time and adjust to your account Equity
Tech
hk ab 14:53 GMT March 12, 2012
Reply
Kwun, fwiw, just closed all shorts at 1696. too nervous mkt, but seeing gold have a brief rally now.
msa nsm 14:51 GMT March 12, 2012
Hedging long euro here with gold weakness, target 1.2950. Let's see
Saar KaL 14:45 GMT March 12, 2012
using any more then 7 pairs from the album below
+ having a 1 Lot = 1000 USD @ 200:1
Buy below the black at the date every 6-9 hrs and tgt the black at a future date
Short above the black and tgt the line again at future date
With Micro account with 5 K from censored 400:1 Margin
You should be able to make an average of 160 per day average
Saar KaL 14:44 GMT March 12, 2012
all here folks
http://www.facebook.com/groups/Kal.Levels/
using small lots over time
hk ab 14:35 GMT March 12, 2012
Reply
KB, RF, the robbers come again!
sofia kaprikorn 14:34 GMT March 12, 2012
dc CB .........
good call! I like overextended views - they tend to give best contrarian trades!
Last week I shorted AAPL at 542 and the Short interest was only 1.3% - this is just fabulous cuz all are long and theres is nowone to squeeze - perfect setup for all Indices as well - they are forming Lower Tops after this 3 day recovery and the current drop will be fierce..
trading this view thru my shorts in all major YEN crosses.
hk ab 14:33 GMT March 12, 2012
Reply
can eur rock down to 1.2950?......
Beijing Laowen 14:28 GMT March 12, 2012
KaL, how about EURCAD target for the month? thanks.
Lahore FM 14:26 GMT March 12, 2012
agree Kal.long here!
Saar KaL 14:24 GMT March 12, 2012
EURCAD Longs for the month Worth Looking at Folks
HK REVDAX 14:22 GMT March 12, 2012
ab//it is because most people seem to be long term bulls.
hk ab 14:19 GMT March 12, 2012
Revdax,
any supporting reasons?
I really want to hear something from bc lately.
Central Kwun 14:19 GMT March 12, 2012
for few dollars only
hk ab 14:15 GMT March 12, 2012
Kwun, too early now maybe......
Central Kwun 14:12 GMT March 12, 2012
long gold again at 1696.50
London Misha 14:08 GMT March 12, 2012
Reply
EURUSD - Pipe Top on Daily Chart.
USDJPY - Still follow on from Bull Harami/Tweezer Bottom with Matching Lows on Daily Chart.
GBPUSD - Pipe Top on Daily Chart. Almost a Key Reversal Down as well!
USDCHF - Pipe Bottom on Daily Chart.
EURGBP - Bearish Harami on Daily Chart.
EURJPY - Possible Tweezer Top on Daily Chart.
USDCAD - Spinning Top on Daily Chart.
AUDUSD - Bearish Engulfing Pattern & Tweezer Top on Daily Chart.
HK REVDAX 14:08 GMT March 12, 2012
ab//I think the long term bull market in gold is now over!
hk ab 14:04 GMT March 12, 2012
if you look at longer time frame, it will be better, Kwun.
After these 2 short positions, I will take a rest. Too tired lately.....
Central Kwun 13:55 GMT March 12, 2012
Reply
Gold like casion now, suddenly up suddenly down, crazy
dc CB 13:53 GMT March 12, 2012
Reply
the just released NYSE short interest update confirms, the total number of outstanding shorts is at the lowest it has been in the past 4 years for the second month running, at 12.6 billion. Once the realization that central banks are limited from pumping incremental liquidity in the market is strictly limited by $9/gallon gas in Europe, and the inflection point in risk is reached, look for there to be almost no natural buying buffer to the downside. Then again with central planners out there with their CTRL+P willing to micromanage every downtick of the stock market, does anyone even care any more?
shorts have predictably gone into hibernation
hk ab 13:48 GMT March 12, 2012
Reply
looks like a bear vegenance for this hr.
msa nsm 13:47 GMT March 12, 2012
just before i leave.................again aud and euro shorts sls here in focus.........once 86.70 is done a/j i'll move my sl to entry
Beijing Laowen 13:36 GMT March 12, 2012
nyc ws 12:19 GMT March 12, 2012
================================
I am Long $Yen, EurJpy, GbpJpy and NZD Jpy.
msa nsm 13:35 GMT March 12, 2012
i'm out of here...the casino is on.........cheers
eu pat 13:28 GMT March 12, 2012
Reply
Or maybe one does not like stable s/l and does not use it...
ed kw 13:27 GMT March 12, 2012
s&p is still holding poss a good tip off for swing trading
msa nsm 13:24 GMT March 12, 2012
i think stops are very likely to be triggered here on euro and audusd to the upside.........just a cent view
msa nsm 13:14 GMT March 12, 2012
catching a bottom is hard, might take some two or three failed trades to get it but when you do............just seat back and reap
HK RF@ 13:11 GMT March 12, 2012
Reply
Or maybe one may use his published S/L as entry points to establish the trade.
eu pat 13:06 GMT March 12, 2012
Reply
eu 13:54 GMT March 9, 2012
e/u: Reply
it is time to buy again e/u at 1,3135...i hope so...
-----------------------------------------------------
so 1,3135 was broken and now it is holding as resistence....
I am still hope that it will be a good trade this week....but I have to watch it carefully ...
hk ab 13:03 GMT March 12, 2012
the bull make use of the last min to push the gold above 1700.... let's see if it can survive in NY session.
HK RF@ 12:59 GMT March 12, 2012
Reply
I will expect the lowest for gold for today at 1680, a break below very unpleasant direct to 1670:)
israel te 12:57 GMT March 12, 2012
ed, why ? aud is reaching a strong resistance, usd jpy is well...looking to break higher to 82.70 reange.
there is some potential here, anyway i put a sl at 85.75 so im comoftable.
i think also investors are looking to buy into some carry.
hk ab 12:55 GMT March 12, 2012
Reply
I remember Kal's distant short target of 1.0450.....
it's very very close to that point now.
ed kw 12:52 GMT March 12, 2012
i did get in aud/jpy but but this trading platform is frustrating me,
Lahore FM 12:50 GMT March 12, 2012
Sell Gold
Entry: 1711.50 Target: Stop: 1711.50 for half
Lahore FM 06:20:44 GMT - 03/12/2012
Sell Gold
Entry: Target: Stop:
Lahore FM 18:21:19 GMT - 03/09/2012
Sell Gold
Entry: 1711.50 Target: Stop: 1724
sold now.
--
half closed 1703.85 now.sl lowered on remainder short to 1718
--
entry sl now.
Lahore FM 12:49 GMT March 12, 2012
Sell AUDUSD
Entry: Target: Stop:
Lahore FM 06:43:42 GMT - 03/12/2012
Sell AUDUSD
Entry: Target: Stop:
sl for audusd sell is lowered to 1.0610.nzdusd sell to 0.9210
--
part clsoed 1.0489 now.sl to entry on rest of it.
nzdusd closed also in part at 0.8145.sl to 0.8190 on half.
hk ab 12:49 GMT March 12, 2012
Reply
Kwun, reasonable target 1692 today. You may add there.
Cambridge Joe 12:49 GMT March 12, 2012
Reply
Oil long from 13:04 GMT ?
I'll be watching.
Saar KaL 12:48 GMT March 12, 2012
CADCHF is one way drop
msa nsm 12:45 GMT March 12, 2012
kw what do you mean, didn't quite get you there?
Saar KaL 12:43 GMT March 12, 2012
NC
He is long USDJPY
GVI Forex john 12:42 GMT March 12, 2012
DAX -12
Futures:
DJ -28
SP -4
Very tight correlation with EURUSD.
HK RF@ 12:41 GMT March 12, 2012
Reply
HK RF@ 05:28 GMT March 12, 2012
gold: Reply
Bearish signals on the weekly.
A break of 1700 may bring more SELLS.
HK RF@ 06:42 GMT March 12, 2012
gold: Reply
A recoil from daily RSI=50 for gold, does not bode well for the next few hours. Maybe tomorrow we can get it cheaper:)
So the daily should not be considered too bullish too.
Hope for another Dragonfly this weekend for a price blast the week after:)
ed kw 12:39 GMT March 12, 2012
nsm,t you to mad to think in at 86.17
msa nsm 12:39 GMT March 12, 2012
apparently this is also happening to eurusd
dc CB 12:38 GMT March 12, 2012
Reply
selling 10years tomorrow
Command and Control don wanna pay no 2%
Watch yields ---driver imho
israel te 12:37 GMT March 12, 2012
got that an hour ago...riding the wave :)
just hope it reaches my 88 target!
NC JJM 12:31 GMT March 12, 2012
Reply
Gbp/Usd (1.5630). >>> Been monitoring a potential Head and Shoulders top in Gbp-Usd for several days now. The neckline to activate the pattern is 1.5640-45 and prices have broken through this support in overnight trading.
In my mind, to confirm the pattern would like to see a close below 1.5640 today at the end of the NY trading session.
Approximate target on the pattern measures to 1.5250ish.
Any sustained price action above 1.5700 would force a reassessment.
msa nsm 12:30 GMT March 12, 2012
Buy AUDJPY
Entry: 86.15 Target: open Stop: 85.95
done
msa nsm 12:28 GMT March 12, 2012
Reply
look at audjpy 15m, can't get sweeter than that!!!
HK RF@ 12:26 GMT March 12, 2012
Ewwww it's gone!!!!!!!!!!!!!!!
HK RF@ 12:21 GMT March 12, 2012
Reply
A buy at about 1697 with S/L at 1694 target 1707.
If the S/L will be taken before NY open, it means for me a significant weakness with more gains to the downside.
nyc ws 12:19 GMT March 12, 2012
Laowen. Do you mean you are short jpy?
Beijing Laowen 12:11 GMT March 12, 2012
Thanks KaL, yes I am still holdin' my Yen crosses long.
Beijing Laowen 12:11 GMT March 12, 2012
Thanks KaL, yes I am still holdin' my Yen crosses long.
GVI Forex 12:10 GMT March 12, 2012
Reply
The dollar hovered near its highest level in nearly a month against the euro on Monday as prospects for the greenback improved after upbeat U.S. jobs data last week made further monetary stimulus from the Federal Reserve less likely.
FOREX NEWS - Dollar holds firm near highs, euro struggles
Boston eFX 12:09 GMT March 12, 2012
Reply
(Dow Jones via eFXnews) Many EUR/USD downside moves are likely, rather than a big figure moves if Fed's QE3 doesn't happen. "QE3 is increasingly turning from a central to a risk scenario.
The scenario only becomes more likely if the US data surprise on the negative side. Data close to expectations will reinforce the view that there will be no QE3 and therefore have a USD positive effect."
EUR/USD likely to react asymmetrically: frequent...
Frequent EUR/USD Downmoves Likely -Commerzbank (full story)
HK RF@ 12:05 GMT March 12, 2012
Reply
This is a good recoil point. I just wonder if it will or not make the days low.
Saar KaL 12:03 GMT March 12, 2012
Laowen /
EURJPY wants 120 IMO
So staying Long
msa nsm 12:01 GMT March 12, 2012
I believe eurusd still has some juice for down move if we break 1.3090 long term, not getting a clear signal but working on the gold correlation.....if we do break...i'll be a buyer with every 100 pip move down with a wide sl coz when we finally move up it will get dusty IMO
the breakout keeps the targets at around 1.2850s and then 1.250s
ed kw 12:00 GMT March 12, 2012
now this trading platform is sleeping what a dud
ed kw 11:47 GMT March 12, 2012
i did get in your e/us call at 1.3090 but fell a sleep mist 1.3125 target,
msa nsm 11:38 GMT March 12, 2012
this is on a slightly longer time frame, ofcourse if your scalping your bias will keep on changing like bear europe and bull US
Cambridge Joe 11:37 GMT March 12, 2012
Closed half for $6.20... sl to entry..
see... I'm learning to not panic so much !! ;-))
msa nsm 11:37 GMT March 12, 2012
generally I'm still bullish on any xxx/jpy until the extension targets are met then reconsider on the next retrace
msa nsm 11:29 GMT March 12, 2012
hi kw, i'm currently getting a long signal at market on 30M , buying 1/4 not to miss the move but will add the rest 3/4 at 50% retrace on 4H. what do you think?
HK Kwun 11:19 GMT March 12, 2012
seem many people still bearish on Gold, Cambridge Joe and HK ab also shorting Gold...hmm, I am still holding, maybe like KL KL, nijia trade
HK Kwun 11:15 GMT March 12, 2012
JPY rise will influence Gold fall? only know when unwind JPY, then AUD and NZD fall
Boston eFX 11:08 GMT March 12, 2012
Reply
he Bank of Japan needs to keep moving, says BofA Merrill Lynch, which thinks there is an "expectation for some concrete action which provides evidence that the BOJ has a strong and ongoing commitment to reflation."
While BofA strategists ,,,,
BOJ Needs To Prove Commitment To Reflation
ed kw 11:01 GMT March 12, 2012
nsm,is gbp/jpy a sell? t you
GVI Forex Jay 11:00 GMT March 12, 2012
Reply
Mixed slies for the EURUSD to start the week after the brief break of the 50 day mva (1.3086) did not follow through. This leaves the market in limbo as it fights to build momentum for a test of 1.30. The focus seems more on the AUD and NZD, which are trading softer, not just vs the JPY (which has bounced on most crosses) but vs. the EUR as well.
Forex Weathermap - EURUSD
hk ab 10:57 GMT March 12, 2012
Reply
I think BOJ is already in but in soft mode, but they only buy up dlr/jpy, when they do it, other pair suffers.....
sofia kaprikorn 10:55 GMT March 12, 2012
hk ab.
good one - have noticed these on different fx brokers also but it's just an additional bias setter, not a primary weapon, I assume..
Cambridge Joe 10:51 GMT March 12, 2012
Reply
I've got gold to soften imminent.... maybe 12:15 GMT.
I'm short 1705.
Cambridge Joe 10:49 GMT March 12, 2012
hk ab 10:31
I like your style Sir !
I've only just begun to notice this fact for myself !
Thank you.
hk ab 10:47 GMT March 12, 2012
bold add 1706.
hk ab 10:44 GMT March 12, 2012
Reply
Kwun, you may need to put the stop a bit lower than 1700, they will certainly try to touch those stops at round figure first.
hk ab 10:43 GMT March 12, 2012
when you see aud coming down from 1.08 with no apparent reason, you knw there are many risks around hidden at the moment.
hk ab 10:36 GMT March 12, 2012
Reply
Kwun, yen can't stay above 82 soon, unless BOJ comes in and brings ussuper surprise......
80 is in cards, in my opinion.....
GVI Forex john 10:32 GMT March 12, 2012
Reply
-
Key
Items: US-3yr auction..
-
Hopefully,
the Greek financial crisis will be starting to fade from view with the Collective Action Clause (CAC)
declared and Credit Default Swaps (CDS) triggered. Now it is time
for the Troika to release bailout funds to Greece in the week ahead. We
are not done with Greece yet with national elections coming in April
-
Tuesday
sees a key meeting and policy decision by the FOMC. Odds are the
central bank will start to hint at less accommodative policy
posture? This would be USD constructive.
-
U.S.
February monthly employment data on Friday were stronger than
expected and might have set the stage another USD move higher.
-
Softer
than expected Chinese CPI data reinforces speculation for another
cut in interest rates by the PBOC. the Chinese Trade deficit
released on Friday was larger than expected. Monetary policy ease
was hinted at.
Your thoughts, comments questions, additions, etc, needed and appreciated!
hk ab 10:31 GMT March 12, 2012
one of my bank provider has a really wide spread, like eur 8 pips, gold $1, etc.
when I compare their quotes with the quotes of bucket shop, they often bias to the stronger side, e.g. if eur is supported at 1.31 at the moment, they will only quote 1.3102/1.3112....etc.
This is true and even more exaggerated whenever we are close to strong reversal.
It's good to use them as direction indicator, but not the service.
GVI Forex Blog 10:31 GMT March 12, 2012
Reply
Key Items: US-3yr auction..
Hopefully, the Greek financial crisis will be starting to fade from view with the Collective Action Clause (CAC) declared and Credit Default Swaps (CDS) triggered. Now it is time for the Troika to release bailout funds to Greece in the week ahead. We are not done with Greece yet with national elections coming in April
Forex Trading Talk 11:00 GMT 12 March 2012
hk ab 10:25 GMT March 12, 2012
Kwun, this week is quad witch..... .gl.
sofia kaprikorn 10:16 GMT March 12, 2012
hello mate,
what does silly bank indicator mean?
I fugure it means smtg close to citi but what is it exactly and can I have a look on it if it a public/online source?
GVI Forex Blog 10:14 GMT March 12, 2012
Reply
10:10 GMT (Global-View.com) March 12- The Global-View.com D.O.G. (Dollar, Oil, Gold) investor purchasing power index is opening Monday in North America at .5160, -0.05% from its Friday close (-4.09% vs. end-2010).
Global-View D.O.G. Index March 12, 2012 U.S. Open
GVI Forex john 10:12 GMT March 12, 2012
Reply
10:10 GMT (Global-View.com) March 12- The Global-View.com D.O.G. (Dollar, Oil, Gold) investor purchasing power
index is opening Monday in North America at .5160, -0.05% from its Friday close (-4.09% vs. end-2010).
As for its key subcomponents, the USD forex purchasing power index is .7814, -0.06% (+0.41% vs. end-2010). The
forex index is value is calculated against the top six trading currencies.
Against gold, the USD purchasing power index is worth .1688, +0.29% (-16.80% end-2010).
Against crude, it is at 0.4178, +0.63% (-14.33% end-2010). The D.O.G. Index base is 1.00. It is measured against
levels from the start of 1999, as of the initial launch of the euro (currency).
D.O.G. Homepage
HK Kwun 10:10 GMT March 12, 2012
Buy Gold 1706.1
HK Kwun 10:04 GMT March 12, 2012
shorted at 1708? Good Luck bro, but true is my banker keep asking me to my buy AUD, Gold and NZD
hk ab 10:00 GMT March 12, 2012
only silly bank indicator supporting your bias at the moment.
hk ab 09:59 GMT March 12, 2012
Kwun, I just shorted it at 1708.... let's see.
HK Kwun 09:56 GMT March 12, 2012
Gold rebound is impressive, only spend an hour to climb back to 1707, but need whole asian trading hour to fall to 1702. Buy Gold Buy Gold
Syd 09:43 GMT March 12, 2012
Reply
Morgan Stanley changes tack on USD/JPY and now favors buying dips instead of selling rallies. The bank says the positive reaction to Friday's nonfarm payrolls is more evidence that the USD is becoming pro-cyclical. The break higher in USD/JPY post data suggests more upside ahead, especially if US data continues to surprise to the topside. MS was stopped out of its 81.00 short at 82.00 and will now wait for a correction down to 80.10 to enter a bullish strategy, looking for a move to 85.50 with a stop at 79.10. USD/JPY now at 82.28
sofia kaprikorn 09:27 GMT March 12, 2012
Reply
Seems to me the YEN Crosses Weekly and Daily charts tell a weak story and those need to get some rest and reverse.
Here are the charts and the rationale of my assumptions:
YEN Crosses - Time to Rest & Reverse?
Beijing Laowen 08:59 GMT March 12, 2012
Thanks KaL. I am long $Yen and EURJPY at this moment, as well as EURAUD. GL.
Saar KaL 08:13 GMT March 12, 2012
Yes
still long and adding JPY crosses
they are the best IMO Lowen
Beijing Laowen 07:58 GMT March 12, 2012
KaL, seems yen crosses are still a buy today. Your view? Cheers.
Saar KaL 07:50 GMT March 12, 2012
EURCAD Maybe Bullish for a while
Syd 07:45 GMT March 12, 2012
Reply
French Budget Min: Local Authorities Have Refused To Sign Stability Pact
msa nsm 07:39 GMT March 12, 2012
hi RF, can you kindly upload what exactly you are looking at? thanks
HK RF@ 06:48 GMT March 12, 2012
In fact we got last week two bearish recoils at RSI=50.
The only thing bullish this time to say, is that the downward wild momentum was arrested and may not be seen soon again.
Lahore FM 06:43 GMT March 12, 2012
Sell AUDUSD
Entry: Target: Stop:
sl for audusd sell is lowered to 1.0610.nzdusd sell to 0.9210
HK RF@ 06:42 GMT March 12, 2012
A recoil from daily RSI=50 for gold, does not bode well for the next few hours. Maybe tomorrow we can get it cheaper:)
So the daily should not be considered too bullish too.
Hope for another Dragonfly this weekend for a price blast the week after:)
Lahore FM 06:25 GMT March 12, 2012
Kwun the gentleman has anything from 2 to 15 times longer experience than yours.even if he won't share his techs in greater detail the gist is in the post.
Lahore FM 06:20 GMT March 12, 2012
Sell Gold
Entry: Target: Stop:
Lahore FM 18:21:19 GMT - 03/09/2012
Sell Gold
Entry: 1711.50 Target: Stop: 1724
sold now.
--
half closed 1703.85 now.sl lowered on remainder short to 1718
HK Kwun 06:19 GMT March 12, 2012
RF, Gold bearish in weekly? how can you figure out this? I can't see any signal there, indeed, daily is bullish
HK RF@ 05:28 GMT March 12, 2012
Reply
Bearish signals on the weekly.
A break of 1700 may bring more SELLS.
Boston eFX 04:14 GMT March 12, 2012
Reply
(Dow Jones via eFXnews) The following is a technical analysis of seven major currency pairs for this week:
EUR/USD
1st support - 1.3096 (minor)
1st resistance - 1.3291 (minor)
2nd support - 1.2974 (moderate)
2nd resistance - 1.3486 (moderate)
EUR/USD is likely to trade in......
CHARTING FOREX: Dollar Bullish VS Most FX Majors This Week (full story)
Quito Valdez 03:35 GMT March 12, 2012
dc, I think you are spot on in posting the "new jobs" figure. To me the unemployment stats released by the U.S. Dept. of Labor are fake...they don't present the true unemployed which I've read is over 25 percent nationwide..some say closer to 28 percent...hard to say exactly. The Dept of Labor stats do not include those who have run out of unemployment benefits and are truly down and out...and they don't reflect others who are unemployed as well. What a hoot believing the U.S. gov about much of anything.
King Obama's merry men also recently approved legislation wherein all banks literally on the planet must report to U.S. IRS all US citizen's accounts. U.S. banks are to share information also with foreign banks on foreigners with bank accounts in U.S. banks. If non compliant with the IRS demands, foreign banks will be charged a fee of 30 percent on any money leaving or coming into USA's banking system..whether checks, wires or whatever. Welcome to Obama's "change" everyone...and yet more big brother.
Panama's banks have already complied as have a whole bunch of other countries' banks and Ecuador as well will soon. Unfortunately USA is Ecuador's largest trading partner...a lack of forsight in marketing.
HONG KONG 03:34 GMT March 12, 2012
Reply
USDJPY
Entry: Target: Stop:
Dlr's stronger-than-expected retreat due to cross buying in jpy suggests caution on our long n price needs to hold abv 82.00/05 for prospect of a rebound, abv intra-day 82.53 res retains daily bull ishness for re-test of Fri's 10-month 82.65 top. Trade fm long side with stop as indicated, break wud risk stronger pullback twds 81.87/89 b4 up.
TRENDSETTER
Sydney ACC 03:30 GMT March 12, 2012
Economists have at various times discussed the AUD and NZ combining no more so than at the launch of the euro.
As with a political union Kiwis have stated there are 1,382 good reasons not to unify - being the distance in miles between Sydney and Wellington.
dc CB 03:05 GMT March 12, 2012
Reply
In another milestone in the banking industry’s recovery from the financial crisis, the Federal Reserve this week will release the results of its latest stress tests, which are expected to show broadly improved balance sheets at most institutions.
The findings would be the latest of several signs of renewed strength in the economy, including the unemployment report last Friday that showed that more than 227,000 jobs were created in February.
For the financial sector, including traditional banks and Wall Street firms that were at the heart of the panic during the crisis, the recovery has been slow but steady, with some banks recovering much faster than others.
Still, while unpleasant surprises are possible, analysts are counting on the Fed to find banks largely healthy. That would stand in marked contrast with the holes, in the tens of billions of dollars, found on balance sheets in the first round of stress tests in 2009.
“Everybody wants to avoid headlines,” said Chris Kotowski, an analyst with Oppenheimer. “People are angry at the banks, and both the banks and the regulators just want to do something to show we’re working our way back towards normalcy. That’s what everyone is craving.”
“This will show how much progress the banks have made in cleaning up their balance sheets.”
Quito Valdez 02:56 GMT March 12, 2012
Reply
While we're waiting for the week's action, lemme touch two points..the Greeks and the "Amero".
2,500 years ago the true grit of the Greeks was shown. They did it then, they can do it now if their leaders today will use their heads or simply drop the stupid Euro. It's in the Greeks' blood to win. What happened was, Greece was betrayed by its leaders, as Greek citizens are all to aware today, when they dropped the Drachma which was synonomous with ancient Greece just as the Lira was to Italy and wimped over to the self serving Hun who invented the Euro. You can NOT successfully have one single interest rate or all economies and I can't see how this silly Euro fiasco/disaster of the moronic concept of ECB controlling almost all of Europe's interest rate, really happened, other than mass treason by "sheeple" blind leaders. Fortunately, the UK and a few others laughed at Frankfurt's self serving attempts and would rather sustain a few billion in money changing FX fees than bow down to Frankfurt.
Now, the proposed Amero is being discussed to replace CAD, USD and MXN. Contrary to a rather dubious Hal Turner's words, the Amero has not been minted...a concept coin was however designed (and used falsely by Turner) and minted and is sold privately by Daniel Carr using a surplus refurbished coin press machine purchased from the Denver mint, (using Carr's dies of course) to alert people only to the plans of replacing three north American cncys with one. (and to make Mr. Carr some money for collectables). Carr's business is making custom medallions and coins. He is not a government mint although his coins and trade rounds are excellent quality and design.
The Amero could be used in addition to USD, CAD and MXN or replace the three cncys alltogether...two different concepts, none of which has been approved by any country. Canada is about 50/50 on the idea.
ed kw 02:54 GMT March 12, 2012
the eur was going to 1.20 but no it went to 1.33 so do we no what is going to be next?
Syd 02:44 GMT March 12, 2012
Reply
The EUR/USD falls to 1.3085, lowest since Feb. 16 as concerns over the European debt crisis persist. "If the pair were to drop to the key 1.3000 mark, it would not be surprising to see it falling to as low as 1.2850," says Marito Ueda, senior managing director at FX Prime Corp, a major FX margin trading firm affiliated with Itochu Corp, who notes upside will be limited around 1.3200. "Concerns over Greece and other peripheral countries like Portugal remain," Ueda says. The ISDA declared Friday that Greece's recently-completed debt exchange made investors eligible for payouts on CDSs. Although the market didn't immediately react to the news, it may be necessary to watch if European markets respond later in the day, Ueda adds
ed kw 02:33 GMT March 12, 2012
800 eur banks have to buy something poss?
KL KL 02:24 GMT March 12, 2012
ha ha...must be rocket lunched to Iran...
Out 1/2 1709.5...rest 1708.35
happy to keep this long until the trailing stops taken...i am confused now with ninja trade....done 2 short ...2 long since this morning....all a MAD day....but looks like good trading..
now near 1710 really tempting to short again...hmmmm???
KL KL 02:10 GMT March 12, 2012
all out gold.....looks like a down day is building ....move to sell near 1709.....lower low all the way for a few hours.....now waiting for Rally to Sell... Euro is down on Greek Solution Truth...euro should be 1.20....like USD dollar ...but Asia is so nothing to move gold...
So long again 1707.66 cover 1708.3.....now that I am committed got to long each dollar lower and cover when profit is seen.....all waiting for USA DOW indices follow thru......
ed kw 02:00 GMT March 12, 2012
oil not on a tare down poss support for the eur,aud,cad,got in the eur at 1.3095,small stop at 1.3069 profit at 20 to 50 or 80 pips if a risk on move is still good,gbp at support to
KL KL 01:54 GMT March 12, 2012
Reply
In Long gold 1707.8....will cover on 100 pips up or keep adding....or trail cover from 1708.5 till 1710.....Looks like 1714 was where bears are hiding.....LOL.....now struggling toeven recover to above 1709.....so looks like down trend will resume....all currency are in a disconnect....with indices....all thanks to better than expected NFP......
But all can change when yankees come down town....its up to those masters of the universe there to decide what to do with paper money.....or is SELL IN MAY becoming SELL in MARCH.....take care.....trading...its the business end of things now....
Syd 01:45 GMT March 12, 2012
Reply
Confusion over what went wrong at MF Global and how it could have been prevented have prompted some of the world's biggest agricultural trading firms to consider dumping brokerage middlemen and bringing their business in-house, to avoid being caught up in another such debacle.
WSJ
dc CB 00:55 GMT March 12, 2012
Reply
Talk of a possible surprise easing by the BoJ seems to be making the rounds, and helping to limit moves to the downside this morning. USD/JPY fell off from an early high of 81.56 to 82.35 on profit-takes by those long and on a punt by intra-day players early. Though downward pressure continues, some in the market including a few major offshore investments are talking of the BoJ possibly upping QE.
the impact of any BoJ move could be massive
Boston eFX 00:46 GMT March 12, 2012
Reply
(Dow Jones via eFXnews) Any dips in the USD/JPY will likely be modest as investors are chasing a move in the currency pair to 85.00 says UBS Chief FX strategist Mansoor Mohi-uddin.
The strategist says that the....
UBS: USD/JPY Dips To Remain Shallow (full story)
Brock Thor 00:27 GMT March 12, 2012
Ya. KL I shoulda sold Aud Jpy at 87.12 ...sinking nice now.
HK RF@ 00:27 GMT March 12, 2012
AMS T 00:15 GMT
You really need a mental care. This forum will not solve your paranoia.
KL KL 00:19 GMT March 12, 2012
ab
so what is your prognosis today?? Ninja Kl shorted gold at open 1714....pity covered so much at 1712.5....now looking a bit silly to cover so quick.
Can pop up 1720 like the millions of technicians are predicting or short much lower like 1714?? range to play Asia maybe 1713 -1711...range to get serious maybe 1714 - 1710....LOL...not enough for me to wait so playing currency as well can handle like 6 instrument during Asia boring phase.....but things can change soon....never know ...
Bias short gold.....
but right now thinking of covering all short 1710 area and Long....hmmmmmm thinking thinking for some scalp trade...maybe long euro scam as welll but prefer to long Audusd or short Audjpy....so many games at play....LOL
AMS T 00:15 GMT March 12, 2012
Reply
http://www.youtube.com/watch?v=_ecBbSIdBKI
dc CB 00:14 GMT March 12, 2012
Reply
M, Tu, Wed, Auctions: 3, 10, 30's.
FMOC Tues
Prior FMOC meeting Minutes Tues
PPI Thurs
CPI Fri
And Quad Witching...
hk ab 00:08 GMT March 12, 2012
Reply
gold and yen suddenly in tandem.......
hk ab 00:02 GMT March 12, 2012
Reply
some risk events are waiting for us?.......
all yen crosses are being sold now.
RSS News Feed
more chart points
