Forex Forum Archive for 03/16/2012

Syd 22:37 GMT March 16, 2012 Reply   
‘If you are not bringing in more cash, getting a bigger bonus, buying a bigger house or a bigger boat, you’re falling behind. It’s an addiction.’

Indeed, the clients hope to get even richer, and in many cases do.

There is no way Goldman Sachs would be worth around $64 billion today if its clients were unhappy with it.

On the other hand, if Goldman’s clients really have had enough of the firm and the way it does business — as Smith suggested in his bombshell resignation letter — then they should start letting the firm know it by no longer choosing Goldman as their investment

link

Boston eFX 21:36 GMT March 16, 2012 Reply   
(Dow Jones via eFXnews) Unimpressed with the euro's break above $1.31, Bank of America analysts say gains beyond the current level should be limited.

"Indeed, while EUR/USD should continue to chop ... before squeezing higher towards 1.32/1.33, the larger trend is still....Dow Jones via eFXnews

Fade The EUR/USD Wave, Don't Ride It (full story)

Boston eFX 21:27 GMT March 16, 2012 Reply   
RBS recommended buying the dollar at the expense of the Swiss franc Friday, noting that U.S. growth appears more sustainable this year.

RBS opened the trade, buying the dollar at CHF0.9155 with a target of

RBS Recommends Long Dollar-Swiss Franc Position (full story)

dc CB 21:24 GMT March 16, 2012 Reply   


Yen
the reverse continues

JERUSALEM KB 21:21 GMT March 16, 2012
Confucious 21:17 GMT March 16, 2012
How does MACD save you from going against the trend?: Reply
JERUSALEM KB 21:12

If I had a bad week then yours would have to be devastating.
Good luck!
=====================================
really i am sorry that i said that you had a bad week

Confucious 21:17 GMT March 16, 2012
JERUSALEM KB 21:12

If I had a bad week then yours would have to be devastating.
Good luck!

JERUSALEM KB 21:13 GMT March 16, 2012
How does MACD save you from going against the trend?: Reply
what is beast time frame Md tyou
==============
it can be used in any time frame ,
but mainly i am using it in h4 and h1

JERUSALEM KB 21:12 GMT March 16, 2012
Confucious 20:46 GMT March 16, 2012
How does MACD save you from going against the trend?: Reply
JERUSALEM KB 20:24

What article? I read what you posted. Or, are you baiting people to the website plastered all over your chart?
My response was to what you posted here on this forum. MACD can fool you time and time again. Use it to show one thing and I'll show you the opposite. Historical short term prices higher/lower than medium term prices tells us nothing else.
===================
i am not advertise to any web site,
never mind don`t read what i send just skip it
looks like you had a bad week

ed kw 21:05 GMT March 16, 2012
what is beast time frame Md tyou

Confucious 20:46 GMT March 16, 2012
JERUSALEM KB 20:24

What article? I read what you posted. Or, are you baiting people to the website plastered all over your chart?
My response was to what you posted here on this forum. MACD can fool you time and time again. Use it to show one thing and I'll show you the opposite. Historical short term prices higher/lower than medium term prices tells us nothing else.

GVI Forex 20:45 GMT March 16, 2012 Reply   
The dollar slumped broadly on Friday, halting a rally that had taken it to an 11-month high against the yen and a one-month peak versus the euro as tame U.S. inflation data prompted investors to
rethink expectations of higher interest rates.

FOREX NEWS - Dollar drops as data curbs Fed tightening expectations

Brock Thor 20:34 GMT March 16, 2012
if you read the article good or my explanation you will find that we are using MACD as a secondary indicator for confirmation after breakouts
_______________________________

I've used this as KB has Instructed with success.

JERUSALEM KB 20:24 GMT March 16, 2012
Confucious 20:15 GMT March 16, 2012
How does MACD save you from going against the trend?: Reply


MACD can show convergence AND Divergence.
MACD has the common ability to screw you just like any other canned indicator.
=================
if you read the article good or my explanation you will find that we are using MACD as a secondary indicator for confirmation after breakouts

Lahore FM 20:22 GMT March 16, 2012
yes LC..1672 is the sl..thanx for pointing it out!

Confucious 20:15 GMT March 16, 2012


MACD can show convergence AND Divergence.
MACD has the common ability to screw you just like any other canned indicator.

San Diego LC 20:09 GMT March 16, 2012
FM - I'm guessing your stop on your gold short is 1672, not 1772, is that right?

Lahore FM 19:59 GMT March 16, 2012
Sell Gold
Entry: 1658.65 Target: Stop: 1772

sold for sub 1600.

GVI Forex john 19:51 GMT March 16, 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.

JERUSALEM KB 19:48 GMT March 16, 2012


MACD is delayed and so when you see a reversal signal with the candlesticks and Bollinger Bands and you want to take a position against the trend, MACD tells you “No”. Of course, if you know about the Elliott Waves and also the cycles, you will not take any position against the trend even if you don’t have MACD on your chart, but as knowing the cycles and Elliott Waves is very difficult, you can use MACD to ....

http://www.forexoma.com/macd-moving-average-convergence-divergence-how-to-use-macd-in-forex-trading/

JERUSALEM KB 19:47 GMT March 16, 2012 Reply   


MACD is delayed and so when you see a reversal signal with the candlesticks and Bollinger Bands and you want to take a position against the trend, MACD tells you “No”. Of course, if you know about the Elliott Waves and also the cycles, you will not take any position against the trend even if you don’t have MACD on your chart, but as knowing the cycles and Elliott Waves is very difficult, you can use MACD to ....

GVI Forex john 19:46 GMT March 16, 2012 Reply   
Global-View.com Forex Heat Map


Forex Trading Tools
Index

Refresh Forum MANUALLY to update table

GVI Forex Blog 19:19 GMT March 16, 2012 Reply   
19:15 GMT (Global-View.com) March 16- The Global-View.com D.O.G. (Dollar, Oil, Gold) investor purchasing power index is ending Friday in North America at .5182, -0.50% from its Thursday close (-3.68% vs. end-2010).

Global-View D.O.G. Index March 16, 2012 U.S. Close

JERUSALEM KB 19:17 GMT March 16, 2012
ask jay for my e-mail please

JERUSALEM KB 19:16 GMT March 16, 2012


also we can use it for what called a bollinger band squeeze.
when market turned too slow and bollinger bands get close to each other then a candle closes above or below the upper or the lower bollinger band then a long position will be taken with stop below the low of this range with double target(target=2 size of SL)

it could be used in both smaller and big time frames but in GV i will use it on 5min or 15min to generate intraday trading

msa nsm 19:16 GMT March 16, 2012
Thanks...by the way do you have a link to the macd mt4 indicator file with colored histogram momentum indicator that's is red and green as per your charts...I've searched for it alot but all I get is single colored histogram..happy weekend :)

GVI Forex john 19:10 GMT March 16, 2012 Reply   
19:15 GMT (Global-View.com) March 16- The Global-View.com D.O.G. (Dollar, Oil, Gold) investor purchasing power index is ending Friday in North America at .5182, -0.50% from its Thursday close (-3.68% vs. end-2010).

As for its key subcomponents, the USD forex purchasing power index is .7816, -0.41% (+0.44% 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 .1739, +0.15% (-14.31% end-2010).

Against crude, it is at 0.4167, -1.58% (-14.56% 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).

JERUSALEM KB 19:10 GMT March 16, 2012
you are welcome
BB is a defult setting to 20 deviation 2
MACD is set to 12.26.0 IF zero is not available you can use one

msa nsm 19:00 GMT March 16, 2012
And macd as well :)

msa nsm 19:00 GMT March 16, 2012
And macd as well :)

msa nsm 18:58 GMT March 16, 2012
Hi kb, thanks for your kindness to share...what are your bb settings or parameters? Thanks

JERUSALEM KB 18:38 GMT March 16, 2012


it could also be used as a continuation signal .
in this system i am using middle bollinger band instead of trend lines which may give us many trades with early entries

JERUSALEM KB 18:30 GMT March 16, 2012


example of a false break

JERUSALEM KB 18:25 GMT March 16, 2012


i will start use this new system to have more trades in GV .actually it is not a new for me i use this method in some trades in the last 2 years.
it is based on middle bollinger band breakout (candle close above or below middle bollinger band) and should be confirmed by MACD break above or below zero level.

hope this will be helpful.

Lahore FM 18:16 GMT March 16, 2012
Buy OTHER
Entry: 6.7480 usdsek Target: 7.0500 Stop: 6.6900

reviving trade of the month for March.
long usdsek.

an earlier attempt at long chfsgd resulted in a stop of 125 earlier this month.

Fx Trading Discussion 18:13 GMT March 16, 2012 Reply   

EURUSD Trading Plan

Cambridge Joe 18:12 GMT March 16, 2012 Reply   
The view I have of USDJPY is mixed.

Of course it could gently trickle south like a lamb.... but the signal is conflicted.

I want to see it 83.90 and heading south before I trust it to be a good aggressive sell.

Good weekend to all.

Fx Trading Discussion 18:11 GMT March 16, 2012 Reply   

EURUSD Trading Plan

JERUSALEM KB 18:08 GMT March 16, 2012
Sell Gold
Entry: 1655 Target: 1635 Stop: 1670

Sell
Entry: 1655 Target: 1635 Stop: 1655
JERUSALEM KB 09:32 GMT March 16, 2012 - My Profile
Forex Trading Plan: Reply
Sell Gold
Entry: 1655 Target: 1635 Stop: 1670

sold
=======
closed 1/2 with 95 ips rest to B/E FOR Target
=====================
sold again

JERUSALEM KB 17:55 GMT March 16, 2012


OTHER
Entry: Target: Stop:

cadchf :
looking for a retest of broken support to go short

GVI Forex 17:52 GMT March 16, 2012 Reply   
• UK Budget on Wednesday, fiscal ly neutral despite modest outperformance of public finances
• Flash ‘estimates’ of Euro area and Chinese PMIs to point to continued improvement
• US focuses on housing market, watching for further signs of life

ECONOMIC DATA ANALYSIS - WILL THE CHANCELLOR LOOSEN THE PURSE STRINGS?

JERUSALEM KB 17:46 GMT March 16, 2012


OTHER
Entry: Target: Stop:

dow jones weekly chart:
retesting broken support turned to ress. now at 13374

Saar KaL 17:39 GMT March 16, 2012
Joe
Thanks Bro..LOL

JERUSALEM KB 17:35 GMT March 16, 2012
Sell OTHER
Entry: 32.66 Target: 30.65--29.65 Stop: 33

sold silver

JERUSALEM KB 17:29 GMT March 16, 2012


USDCHF
Entry: Target: Stop:

will wait for a retest to go short

JERUSALEM KB 17:23 GMT March 16, 2012


GBPAUD
Entry: Target: Stop:

a series of higher highs and higher lows is in control and expecting to see 1.5140 faster than expected.

hk ab 17:07 GMT March 16, 2012 Reply   
next 2 weeks are yen world..... huge doji in daily. GL for those who haven't witnessed yen move b4.

Cambridge Joe 16:47 GMT March 16, 2012
Saar KaL 13:59 GMT March 16, 2012 - My Profile
KaL's Trend and Level: Reply
You Guys see what I mean?
Hamana Gugu is a Guru!!

###############

In Hamana Gugu we trust ! Provided it coincides with what I think ! LOL !

Glad it's working out for ya Bro !

dc CB 16:47 GMT March 16, 2012 Reply   
Action has come on well above average volume due to today's options expiration (NYSE 684 mln vs. avg. of 305 mln; NASDAQ 929 mln vs. avg. of 819 mln).

going no place fast. Quad Witch

MLT PA 16:29 GMT March 16, 2012
Livingston nh

Yeah right on - the mopes in the EU. Follow the money trail.

Livingston nh 16:21 GMT March 16, 2012
PROBLEM is the mopes in the EU take this stuff seriously - see airlines -- maybe we just need another regulation

MLT PA 16:14 GMT March 16, 2012
LMAO!!! Exactly guys ... the usual BS diet.

Livingston nh 16:06 GMT March 16, 2012
hahah - good // more do-gooder worries, like global warming and Y2K -- it's always somethin'

dc CB 16:00 GMT March 16, 2012 Reply   


Coming this winter to Hawaii..

2013 North Shore Glow in the Dark Surfing Championships -- Now taking entries. Special Board Waxes currently in research, available on-line this fall.

Ride the Glowing Banzai Pipeline

Remember Fukushima

FL Rob 15:47 GMT March 16, 2012
ldn JPS 18:59 GMT March 14, 2012
Nice work & thanks for the images.

hk ab 15:45 GMT March 16, 2012 Reply   
finally, gold does need to touch stop at 1672....

hk ab 15:41 GMT March 16, 2012 Reply   
looks very mixed.

Forex Broker News 15:40 GMT March 16, 2012 Reply   

New Trading Service: Day Trader

GVI Forex john 15:33 GMT March 16, 2012 Reply   



March 16 (global-view.com) UPCOMING DATA HIGHLIGHTS for Monday, March 19.
Updated: Trading Events Calendar:

• Far East: No Major Data.
• Europe: EZ- Current Account.
• North America: CA- Wholesale Trade. US- NAHB.

msa nsm 15:28 GMT March 16, 2012
If you did play the audusd breakout now would be a good time to book some before the retest

hk ab 15:27 GMT March 16, 2012 Reply   
sell more 1658.5.......

msa nsm 15:26 GMT March 16, 2012
Looking for 400 pips max

msa nsm 15:25 GMT March 16, 2012 Reply   
Trailing those stops on nzdcad

Lahore FM 15:16 GMT March 16, 2012
usdcad probably setting up for squeeze higher.

Saar KaL 15:15 GMT March 16, 2012
next friday expected avg levels
Keeping few positions over the week end
especially EURJPY

EUR/USD Buy 1.3416
USD/JPY Buy 85.1162
USD/CHF Sell 0.8995
AUD/USD Buy 1.0674
USD/CAD Buy 0.9916
NZD/USD Buy 0.8302
EUR/JPY Buy 114.1745
GBP/JPY Buy 135.2313
CHF/JPY Buy 94.5590
GBP/CHF Sell 1.4292
EUR/CAD Buy 1.3301
AUD/JPY Buy 89.8065
CAD/JPY Buy 85.7788
NZD/JPY Buy 70.6230
GBP/CAD Buy 1.5752
NZD/CAD Buy 0.8230
XAU/USD Buy 1,727.5696
XAG/USD Buy 35.2055

hk ab 15:13 GMT March 16, 2012 Reply   
if it close the week near 1700, That's what a strong support for target 1830-2030 in April/May........

msa nsm 15:07 GMT March 16, 2012
Again from yesterday..that's what happened when stops are triggered eurusd 1.3100, yesterday we triggered 1.3060....I usually buy immediately when those stops are triggered for quick pips...works most of the time

Lahore FM 15:07 GMT March 16, 2012

Entry: correction** Target: Stop:

gold stop 1672** shud work

Lahore FM 15:04 GMT March 16, 2012
Alimin dear lovely to see you about..have a good weekend!

gold stop 1772 shud work...a point above which it won;t be really a sell i guess.

msa nsm 15:02 GMT March 16, 2012
Lol we are catching up

hk ab 15:01 GMT March 16, 2012
ok, change strategy, sell 1672, for next add. seems hrly chart look strong.

hk ab 15:00 GMT March 16, 2012
If dlr/jpy doesn't consistently break 83, gold could start some retracement.

hk ab 14:59 GMT March 16, 2012
maybe 1668?

but will add 1664.6 again before setting that SL.

msa nsm 14:57 GMT March 16, 2012
Ab what's your sl, I'll try with my bank to chase after it lol

Lahore FM 14:56 GMT March 16, 2012
Singapore L 14:39 GMT March 16, 2012

Cheers L !

hk ab 14:54 GMT March 16, 2012 Reply   
sold more 1657.3

GVI Forex Blog 14:52 GMT March 16, 2012 Reply   
US equity markets dipped briefly into the red this morning thanks to a slightly disappointing preliminary March U of Michigan confidence reading, but returned quickly to unchanged. There was some concern about the U of M one-year inflation expectations, which are at 4%, their highest level since May 2011. However the February CPI data was subdued, and consumers seem to be showing some resilience to +$4.00/gal gasoline costs.

TradeTheNews.com US Market Update

hk ab 14:50 GMT March 16, 2012 Reply   
finally, it can't touch my stop!

Singapore L 14:39 GMT March 16, 2012 Reply   
Sell GBPUSD
Entry: Target: Stop:

Sell GBP-USD too. @1.5849. Follow FM

hk ab 14:36 GMT March 16, 2012 Reply   
seems it's getting a bit tired for the moment, short 1658.5

msa nsm 14:30 GMT March 16, 2012
Dil didn't see you entry level...did you miss the train? Ab let me lower my 1777 sl to 1680 to lol

hk ab 14:30 GMT March 16, 2012 Reply   
sell again later 1663, stops 1667.

hk ab 14:29 GMT March 16, 2012 Reply   
time for rana positions play out.

Tutong Sabekayo 14:27 GMT March 16, 2012

Tutong Sabekayo 11:15 GMT March 16, 2012
GOLD : Reply
Buy EURUSD
Entry: Target: Stop:

Buy EURUSD and GOLD.

EURUSD Target @ 1.3180
GOLD Target @ 1.680

Great Weekend to all Traders..

makassar alimin 14:23 GMT March 16, 2012
sell gbpusd as well 1.5851, this one is not going to the moon

hk ab 14:23 GMT March 16, 2012 Reply   
nsm, maybe a stop at 1680 needed ? LOL.

Tutong Sabekayo 14:22 GMT March 16, 2012

Thank ypu.
All credit to TUTBEST ver: 2.0 Forex system.

Great weekend..

Lahore FM 14:18 GMT March 16, 2012
Sell GBPUSD
Entry: 1.5855 Target: Stop:

Lahore FM 13:05:25 GMT - 03/16/2012

Sell GBPUSD
Entry: 1.5727 and 1.5775 Target: 1.5200 Stop: 1.5860
Lahore FM 09:16:13 GMT - 03/16/2012

Sell GBPUSD
Entry: 1.5727 Target: 1.52 Stop: 1.5860
sold

placed a second sell order at 1.5775.sl for both at 1.5860.
--
sell at 1.5775 also in play.
--
stopped for minus 130 pips and reshorted 1.5855 now.sl 1.5870

Cambridge Joe 14:16 GMT March 16, 2012
Outstanding !

singapore td 14:11 GMT March 16, 2012
good call sabekayo

Lahore FM 14:10 GMT March 16, 2012
Sell EURUSD
Entry: 1.3168 Target: 1.2800 Stop: 1.3230

sold now.

hk ab 14:08 GMT March 16, 2012 Reply   
sold 1.3170

Tutong Sabekayo 14:06 GMT March 16, 2012

Tutong Sabekayo 11:15 GMT March 16, 2012
GOLD : Reply
Buy EURUSD
Entry: Target: Stop:

Buy EURUSD and GOLD.

EURUSD Target @ 1.3180
GOLD Target @ 1.680

Great Weekend to all Traders..

singapore td 14:04 GMT March 16, 2012 Reply   
sell usd once again?

Lahore FM 14:03 GMT March 16, 2012
Sell AUDUSD
Entry: 1.0589 Target: Stop: 1.0615

sold

hk ab 14:01 GMT March 16, 2012 Reply   
silly bank indicator bullish signal.....

Wwatch dlr/jpy breaks 83........

Lahore FM 14:00 GMT March 16, 2012

Entry: correction** Target: Stop:

one part from 0.9152** already in play with entry sl

Saar KaL 14:00 GMT March 16, 2012
Told You guys not to SUDUKU with Gold shorts

Saar KaL 13:59 GMT March 16, 2012
You Guys see what I mean?
Hamana Gugu is a Guru!!
Yeeeeeeeeeee haaaaaaaaaaa

hk ab 13:58 GMT March 16, 2012 Reply   
come on, kick me at 1660?

Lahore FM 13:56 GMT March 16, 2012
Buy USDCHF
Entry: 0.9168 Target: 0.9500 Stop: 0.9080

long added.one part from 0.9052 already in play with entry sl

GVI Forex john 13:55 GMT March 16, 2012

Lahore FM 13:55 GMT March 16, 2012
Buy EURCHF
Entry: 1.2063 Target: 1.26 Stop: 1.2040

long added.one part in play with 1.2057 sl

hk ab 13:50 GMT March 16, 2012 Reply   
seems the Indians finish their buyings on their own created excuse......

San Diego LC 13:47 GMT March 16, 2012
13:55 ab

Cambridge Joe 13:45 GMT March 16, 2012 Reply   
2012 - The Economic Collapse

Are you ready...?

http://youtu.be/maXpKDMkzzc

http://youtu.be/maXpKDMkzzc

hk ab 13:44 GMT March 16, 2012 Reply   
is it 13:45 GMT or 13:55?

msa nsm 13:42 GMT March 16, 2012
I have a huge stop at 1770,come get it ;)

hk ab 13:39 GMT March 16, 2012 Reply   
if I tell the black hand I move the stop to 1660, can they hit it?

GVI Forex john 13:37 GMT March 16, 2012

TALKING-FOREX Click FX SQUAWK on Navigation Bar. Click SPEAKER Icon at top right of squawk page for live audio. M-F 6:30-21:30 GMT.

Hong Kong Qindex 13:30 GMT March 16, 2012
Sell EURUSD
Entry: Target: Stop:

EUR/USD : The following is still valid :-


Hong Kong Qindex 02:13 GMT March 4, 2012 - My Profile
EUR/USD : Monthly Cycle Analysis : Reply
EURUSD
Entry: Target: Stop:

EUR/USD : Monthly Cycle Analysis


As shown in the monthly cycle directional indicator the market is under pressure when it is below the weekly cycle pivot centres at 1.3165 // 1.3187. Speculative selling pressure will increase when the market resumes its downward trending momentum and penetrates through the barriers at 1.2893 // 1.2898. The distribution profiles of the monthly cycle charts suggest that the market is going to work on 1.3138 and the distribution profile of the monthly cycle probability chart indicates that the market is pulling towards 1.2665.


Qindex.com


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

EUR/USD : Monthly Cycle Charts

Hong Kong Qindex 13:26 GMT March 16, 2012 Reply   
Sell EURGBP
Entry: Target: Stop:

EUR/GBP : The market is under pressure when it is not able to close above the barrier at 0.8286 // 0.8303. in the New York session today.


Qindex.com


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

EUR/GBP : Monthly Cycle Charts

ldn JPS 13:25 GMT March 16, 2012
Got long 1.3016, couldn't come here earlier.
See screenshot below.

http://screencast.com/t/U1ddZV3gDgp4

London Misha 13:23 GMT March 16, 2012 Reply   
EURUSD - Now a Key Reversal Up on Daily Chart!
USDJPY - Spinning Top on Daily Chart.
GBPUSD - Bullish Engulfing Pattern on Daily Chart.
USDCHF - Pipe Top with Key Reversal Down & Bearish Engulfing Pattern on Daily Chart.
EURGBP - Bullish Harami but has elements of a Shooting Star, all on Daily Chart.
EURJPY -Still follow on from Bullish Hammer on Daily Chart. Near 2012 high.
AUDUSD - Pipe Bottom on Daily Chart.

hk ab 13:21 GMT March 16, 2012 Reply   
e/j 110, a/j 86.6, g/j 132..... all m/t targets met.

GVI Forex john 13:16 GMT March 16, 2012

Lahore FM 13:05 GMT March 16, 2012
Sell GBPUSD
Entry: 1.5727 and 1.5775 Target: 1.5200 Stop: 1.5860

Lahore FM 09:16:13 GMT - 03/16/2012

Sell GBPUSD
Entry: 1.5727 Target: 1.52 Stop: 1.5860
sold

placed a second sell order at 1.5775.sl for both at 1.5860.
--
sell at 1.5775 also in play.

dc CB 13:01 GMT March 16, 2012 Reply   
Just spent a record high amount at the gas pump for this time of year? The BLS says you didn't, and after all when it comes to reality, the BLS has a right of first refusal.

(charts)

The Schrodinger Inflation

Lahore FM 13:01 GMT March 16, 2012
Buy USDCAD
Entry: 0.9906 Target: 1.0100 Stop: 0.9860

long here

dc CB 12:45 GMT March 16, 2012


5 Y Yields Up 26% in one week

"in-line" CPI? somebody thinks it's BS....

GVI Forex john 12:42 GMT March 16, 2012


In line. Spike in gas prices only issue.

msa nsm 12:38 GMT March 16, 2012
Hehe ab...sweet :)

hk ab 12:35 GMT March 16, 2012 Reply   
reshort again 1645.5

stop 1655.

GVI Forex Blog 12:34 GMT March 16, 2012 Reply   
As mentioned in the morning, Dollar-Swiss has strong trendline Resistance in the 0.9350-9400 region on the Weekly Candles.

FX Thoughts for the day : 16-Mar-2012 - 1231 GMT

hk ab 12:33 GMT March 16, 2012 Reply   
wild cards will revenge much harder than the rest of the pairs.

aud/jpy reached left shoulder 88.64

GVI Forex john 12:31 GMT March 16, 2012

Haifa ac 12:27 GMT March 16, 2012
charging only $250 for the room.
He told the clerk to return $50 to the three men.
The clerk pocketed $20 for himself. He gave the remaining $30 back to the three men.

Each man took back $10. Therefore, each man paid 100 - 10 = $90 to the hotel.

$90 x 3 = $270 + the clerk's $20 = $290.

Question: Where has the remaining $10 gone?//

Good question
Since Dominique Styrauss -Kahn you should be very careful about room service
It is all in the wording
Room cost 250
so each one paid 83.3 dollars
How about the 100 original?
Each got back 10 dollar coming to 93.3
Where is the missing 6.6 Dollars??

It is the MONEY THEY (!! NOT THE INNKEEPER) to the bell boy
2:3=6.6

83.3+10 +6.6==100

no missing dollars

hk ab 12:24 GMT March 16, 2012 Reply   
seems another quick run to 1650 based on CPI news......hahaha

GVI Forex john 12:23 GMT March 16, 2012
DAX +33

Futures:
DJ +28
SP +3

I'm wondering if shares can pull EURUSD higher? The correlation trade has been working poorly until now.

Boston eFX 12:16 GMT March 16, 2012 Reply   
(Dow Jones via eFXnews)No doubt about it, some of the lofty cross-market correlations which were such features of the post-crisis financial landscape are starting to crumble.

Marc Chandler, correlation-crazy head of global currency strategy at Brown Brothers Harriman, has been looking at the rolling, 60-day links between the S&P 500 index and a range of currencies.

The picture he found was pretty consistent.

In early December the euro's correlation ....

FX Risk Trade's Grip Weakens Further (full story)

Cambridge Joe 12:12 GMT March 16, 2012
Kap. Thanks for your post, it made me look at usdjpy across diff time frames.

It appears to me that when it cracks 83.99 it will herald a big down move.

For me, I'd be inclined to pick it up at that point on the way south again, rather than bear the neg. territory before it goes south.

I thnik this will be very well worth watching. Thanks.

hk ab 12:10 GMT March 16, 2012 Reply   
nsm, like "short gold at 1642.5 and s/l 1650"?

sofia kaprikorn 12:05 GMT March 16, 2012 Reply   

***
It seems to me YEN Crosses are in good trends shape, however they are reaching kinda overextended condition around current levels.

I have some notional levels as reversal spots:
AUD/JPY ~ 88.50
EUR/JPY ~ 109.88
GBP/JPY ~ 132.32

I'd use these as reference points for going short the crosses - while stocks are in an eternal uptrend this 2nd thrust seems unsustainable at these levels to me..

On the other side they say "Never try to stop a freight train with your wallet" so I gotta respect the market action.

msa nsm 12:01 GMT March 16, 2012 Reply   
If anyone followed the twitter I told you about yesterday you should be up by 250 pips now in one day :)

msa nsm 11:50 GMT March 16, 2012
What I mean is just posting the figure and see if they follow :) since we all know what they do

hk ab 11:48 GMT March 16, 2012
similar story like buying at 1645 and stop being 1500......

Trading Systems 11:48 GMT March 16, 2012 Reply   

KB's Trading Plan

hk ab 11:48 GMT March 16, 2012
then, that's r/r is insane and meaningless.

msa nsm 11:44 GMT March 16, 2012
ab, Why don't you put a stop like 1700 then this will make them push it up hehe

hk ab 11:38 GMT March 16, 2012
can post position but hard to place stop at here.

hk ab 11:38 GMT March 16, 2012 Reply   
everyone still remember my call of short 1662?

this GVI stoploss hitting game should soon come to an end as trend movement may take place soon.

closed the short from 1664.6 now at 1645.

Saar KaL 11:30 GMT March 16, 2012
I need to rephrase my method again

Max Number of positions for one aacount=
account Equity*Margin*(Accepatble % of used Margin)/Lot Size

in my case with 5000 USD account
Max Positions=5000*400*0.1/1000

with uniform distribution around the Number of Pairs Traded and distruibated over 2 weeks of trading
Min 5 Pairs tradeded

if you want to place Limit orders use an offset of 1.005
example; want to place an order for eurusd? Place at current price/1.005
To Short a sell use Current Price*1.005
1.005 can be used for any pair

===
AUDJPY Pre Trend Buy
USDCAD Sell
So will wait for these to get inline

EUR/USD Buy 1.3200
USD/JPY Buy 84.2094
USD/CHF Sell 0.9121
AUD/USD Buy 1.0582
USD/CAD Buy 0.9970
NZD/USD Buy 0.8209
EUR/JPY Buy 111.1066
GBP/JPY Buy 132.4146
CHF/JPY Buy 92.1951
GBP/CHF Sell 1.4348
EUR/CAD Buy 1.3162
AUD/JPY Sell 87.8708
CAD/JPY Buy 84.3859
NZD/JPY Buy 69.0821
GBP/CAD Buy 1.5679
NZD/CAD Buy 0.8185
XAU/USD Buy 1,682.4722
XAG/USD Buy 33.4825

AAPL Buying over next week
AAPL 590.2216255

Boston eFX 11:21 GMT March 16, 2012 Reply   
Buy GBP/AUD, says Credit Agricole, noting the degree to which 2-year U.K. gilt yields have echoed a rise in comparative U.S. bond yields in recent days.

"This suggests that GBP ought to face less downward pressure compared to other currencies," the French bank says. "Although we continue to see...

Credit Agricole: Buy GBP/AUD (full story)

Israel Dil 11:15 GMT March 16, 2012
Chicago AC

dorot.capital@gmail.com

I think we bother many by talking other then pip rides :-)

Tutong Sabekayo 11:15 GMT March 16, 2012
Buy EURUSD
Entry: Target: Stop:

Buy EURUSD and GOLD.

EURUSD Target @ 1.3180
GOLD Target @ 1.680

Great Weekend to all Traders..

Cambridge Joe 11:15 GMT March 16, 2012 Reply   
Just for the experiment...... to see if it holds water or not.

I thinking nzdusd south here until 14:30 then north.

This is for observation only... NOT a call of any kind.

Toronto EDP 11:14 GMT March 16, 2012 Reply   
Since it's Friday and just to keep you on your toes.....

Three men went to a hotel to share a room.
The clerk asked for $300.
Each man paid $100, making up the $300.
The hotelkeeper then decided to allow a discount for the day, charging only $250 for the room.
He told the clerk to return $50 to the three men.
The clerk pocketed $20 for himself. He gave the remaining $30 back to the three men.

Each man took back $10. Therefore, each man paid 100 - 10 = $90 to the hotel.

$90 x 3 = $270 + the clerk's $20 = $290.

Question: Where has the remaining $10 gone?

hk ab 11:14 GMT March 16, 2012 Reply   
slightly bullish bias from silly bank indicator now.

Israel Dil 11:13 GMT March 16, 2012
Chicago AC

again, you make it difficult for yourself. land suitable to grow corn, then a decade or so and then look further what you are going to do with it, it's yours! Don't limit your options by blocking your brains to other options.

will the land cost less in a decade?

have things to do, see you Monday or Teusday

Boston eFX 11:13 GMT March 16, 2012 Reply   
(Dow Jones via eFXnews) Societe Generale likes to stay long USD/CHF in both spot and volatility.

As a very short-term tactical trade, chief currency strategist Kit Juckes is also tempted to sell.....

Societe Generale Likes Keeping Long USD/CHF (full story)

Chicago AC 11:11 GMT March 16, 2012
What about bio organic growing food (except corn) and dealing with woods +++ going long (paper) corn ... guess that should work in a similar way ... not?! (;-))

Israel Dil 11:08 GMT March 16, 2012
Chicago AC

why you make it so difficult for yourself?

Just watch the very tight range of EUR/USD since months, that means someone manipulates it to the extreme. in today's world winning a war takes to combine weapons in harmony (bit funny talking weapons and harmony). realize to which trading weapons you have access and then use them right. I hope it helps.

great weekend to all !

GVI Forex 11:07 GMT March 16, 2012 Reply   
FX markets were quiet during the European morning with little key data releases. The USD consolidated within its recent ranges seen over the last few days. EUR/USD holding below the 1.31 handle while USD/JPY tried to re-approach the 84 handle.

TradeTheNews.com European Market Update: Quiet European morning

Chicago AC 11:07 GMT March 16, 2012
Dil ... with my gold coins sold last August (and in the meantime already bought back some) I bought a house & farmland ... so quite on track in that regard.

BUT I just do not intend to grow corn - as I hate all the corn farmers around due to the irresponsible use of roundup & Co.
So i bought a farm just above the sealevel (say 600m above) where corn is not grown anymore.
What else, besides corn, would you grow?
Does it matter at all?
I.e. I have lots of woods around me - or I could grow vegetables or whatever else ...

Any suggestions?

singapore td 11:03 GMT March 16, 2012
hk ab, what show?

Chicago AC 11:02 GMT March 16, 2012
Dil - again thx a lot ... trying to do my best ...

BUT do you still stick with the Euro at the same time going lower????

As that would be something VERY VERY unexpected for the market as a whole I think - guess where Eurogold goes in such a case !!!

Saar KaL 11:00 GMT March 16, 2012
kangaroo
means "We don't understand you"..
Nice

GVI Forex Jay 10:58 GMT March 16, 2012 Reply   
10:45 GMT (Global-View.com) March 16 - Clouds remain as the EURUSD consolidates with its focus staying on 1.30. Note the one hour chart posted above where the 200 hour mva and trendline are keys to keeping the risk pointed down. Weak spot remains the JPY followed by the EUR where crosses are painting a mixed picture for the dollar in a cross driven tug-of-war Friday.

Forex Weathermap - EURUSD

Israel Dil 10:57 GMT March 16, 2012 Reply   

buy land suitable to grow corn, make a wonder to happen for you and your loved ones !

Forex Signals 10:56 GMT March 16, 2012 Reply   

Max McKegg's Special Update

Israel Dil 10:55 GMT March 16, 2012

re-setup the risk when GOLD trades at 1777 latest by Easter, make your chances wider and don't limit them with deadlines. think like a human and trade like a robot :-)

MM

hk ab 10:52 GMT March 16, 2012 Reply   
the indians missed the loading time yesterday and so, play the tricks to regenerate that level now.

Forex Signals 10:51 GMT March 16, 2012 Reply   

Max McKegg's Special Update

GVI Forex john 10:46 GMT March 16, 2012 Reply   
Global-View.com Forex Heat Map
Forex Trading Tools Index

Refresh Forum MANUALLY to update table

JERUSALEM KB 10:44 GMT March 16, 2012
Sell
Entry: 1655 Target: 1635 Stop: 1655

JERUSALEM KB 09:32 GMT March 16, 2012 - My Profile
Forex Trading Plan: Reply
Sell Gold
Entry: 1655 Target: 1635 Stop: 1670

sold
=======
closed 1/2 with 95 ips rest to B/E FOR TARGET

hk ab 10:43 GMT March 16, 2012 Reply   
eur can't avoid 1.3000 test again if gold continues south ride.

Chicago AC 10:41 GMT March 16, 2012
time frame ... 2 (4, 6, 8 etc. months) ???

hk ab 10:38 GMT March 16, 2012 Reply   
It seems that the mkt black hand still wants to restore the yen gold tandem weakness........

next week could be very good show......

GVI Forex 10:26 GMT March 16, 2012 Reply   
The dollar rose on Friday and was on course to push higher, supported by a brighter U.S. economic outlook, though it stayed below a two-month high against a basket of currencies after traders took profit on recent gains.

FOREX NEWS - Dollar firms after profit-taking, more gains seen

Chicago AC 10:24 GMT March 16, 2012
Thanks a lot Israel Dil ... input very muchos appreciated.

!!! You are my "juwel of GV" !!!

GVI Forex john 10:17 GMT March 16, 2012

• Key Items: US- CPI, Industrial Prod, University of Michigan Survey.

• We will be watching Industrial Production and the University of Michigan sentiment data more than the CPI data today amid another cluster of  U.S. data releases. Markets should be most focused on figures that provide a measure of strength of the economy.

• We are monitoring any signs of portfolio shifts in the U.S. out of bonds and into equities. On this score, we did not see additional erosion in fixed income prices on Thursday.

• The spotlight y been on the the 10-yr note yield  which is last 2.30% vs. a 2.01% Monday close.

Mumbai AS 10:12 GMT March 16, 2012
OK figured how to use the NOW function , copy, paste special etc. So we use the current time and date for New York , is that right ? or do i use the time and date as per my time zone... ?

Israel Dil 10:11 GMT March 16, 2012

bottom to take place the coming 24 trading hours. RALLY may start between today and European Tuesday.


MM

Saar KaL 10:07 GMT March 16, 2012
Mumbai/
No idea my friend
works here fine

PAR 10:06 GMT March 16, 2012 Reply   
Italy Said to Pay Morgan Stanley $3.4 Billion
By Nicholas Dunbar and Elisa Martinuzzi - Mar 16, 2012 8:03 AM GMT+0100

When Morgan Stanley (MS) said in January it had cut its “net exposure” to Italy by $3.4 billion, it didn’t tell investors that the nation paid that entire amount to the bank to exit a bet on interest rates.

Italy, the second-most indebted nation in the European Union, paid the money to unwind derivative contracts from the 1990s that had backfired, said a person with direct knowledge of the Treasury’s payment. It was cheaper for Italy to cancel the transactions rather than to renew, said the person, who declined to be identified because the terms were private.

The cost, equal to half the amount to be raised by Italy’s sales tax increase this year, underscores the risk derivatives countries use to reduce borrowing costs and guard against swings in interest rates and currencies can sour and generate losses for taxpayers. Italy, with record debt of $2.5 trillion, has lost more than $31 billion on its derivatives at current market values, according to data compiled by the Bloomberg Brief Risk newsletter from regulatory filings.

Chennai AMI 10:04 GMT March 16, 2012
Can you bit more clear abt the "buy: 31-32"

Israel Dil 10:04 GMT March 16, 2012

rates will triple, but who will be right by call the WHEN exactly right?

GVI Forex Blog 10:02 GMT March 16, 2012 Reply   
Key Items: US- CPI, Industrial Prod, University of Michigan Survey. We will be watching Industrial Production and the University of Michigan sentiment data more than the CPI data today amid another cluster of U.S. data releases. Markets should be most focused on figures that provide a measure of strength of the economy.

Forex Trading Talk 10:00 GMT 16 March 2012

Israel Dil 10:02 GMT March 16, 2012 Reply   
Buy Gold
Entry: soon and later Target: +2350 Stop: Bit below 1560


during the times of no SWIFT there was only gold


MM

GVI Forex john 10:01 GMT March 16, 2012 Reply   

Israel Dil 09:57 GMT March 16, 2012 Reply   
Buy
Entry: 31-32 Target: +42 & +54 Stop: bit below 30.50



good luck


MM

GVI Forex Blog 09:54 GMT March 16, 2012 Reply   
09:50 GMT (Global-View.com) March 16- The Global-View.com D.O.G. (Dollar, Oil, Gold) investor purchasing power index is opening Friday in North America at .5220, +0.23% from its Thursday close (-2.97% vs. end-2010).

Global-View D.O.G. Index March 16, 2012 U.S. Open

PAR 09:54 GMT March 16, 2012 Reply   
What would happen to US banks if yields on US 10 and 30 year bonds suddenly for whatever reason doubled ?

GVI Forex john 09:52 GMT March 16, 2012 Reply   
09:50 GMT (Global-View.com) March 16- The Global-View.com D.O.G. (Dollar, Oil, Gold) investor purchasing power index is opening Friday in North America at .5220, +0.23% from its Thursday close (-2.97% vs. end-2010).

As for its key subcomponents, the USD forex purchasing power index is .7869, +0.26% (+1.12% 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 .1744, +0.44% (-14.07% end-2010).

Against crude, it is at 0.4229, -0.07% (-13.29% 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).

Mumbai AS 09:51 GMT March 16, 2012
OTHER
Entry: Target: Stop:

No Kal just a got an excel sheet with ur comments in it on the sheet

Saar KaL 09:43 GMT March 16, 2012
for my method

Max Number of positions for one aacount=
account Equity*Margin*(Accepatble % of used Margin)/Lot Size

in my case
Max Positions=5000*400*0.1/1000
with uniform distribution around the Number of Pairs Traded
Min 5 Pairs

JERUSALEM KB 09:32 GMT March 16, 2012
Sell Gold
Entry: 1655 Target: 1635 Stop: 1670

sold

Saar KaL 09:31 GMT March 16, 2012
Mumbai/
works?

JERUSALEM KB 09:30 GMT March 16, 2012
JERUSALEM KB 21:06:48 GMT - 03/13/2012

Buy Crude
Entry: 106.70 Target: 108.18-109.90 Stop: 106
bought now and will move sl to breakeven if the price breaks above 107.45
=======
hit sl with 70pips-

Saar KaL 09:25 GMT March 16, 2012
=-50193.8356131343+NOW()*2.44702933634127+NOW()^2*-0.0000298231785427761

cable eq
should read 1.5725 when in excel with NY Date Time

Hong Kong Liu 09:24 GMT March 16, 2012 Reply   

4 weeks = 20 days = 200 hours net
1pm - 5pm & 7:30pm - 1.30am / daily

A>Z about trading the markets real time
10 traders per class
teaching team includes traders, psychologists, diet advisors & YOU

price: HKD 118,000

Mumbai AS 09:22 GMT March 16, 2012
OTHER
Entry: Target: Stop:

check your mail sent through this forum..

thanks

Saar KaL 09:19 GMT March 16, 2012
Mubai
Email Me...will send you an excel file with it...OK?

Lahore FM 09:16 GMT March 16, 2012
Sell GBPUSD
Entry: 1.5727 Target: 1.52 Stop: 1.5860

sold

placed a second sell order at 1.5775.sl for both at 1.5860.

Mumbai AS 09:15 GMT March 16, 2012
Gold
Entry: Target: Stop:

I wrote 090016 ( for 9am 16 March New York ) in the " NOW" brackets at both places and got the answer as -94313292.36

So what is wrong here

Saar KaL 09:12 GMT March 16, 2012
Mumbai/
That EQ reads NOW() from Excel System
if you want to know the Number
Goto Excel Write =now()
copy and pastespecial "Value"
then change Number to regular ","..etc
I think MS started number 0 from Jan 1 1900 at 00 hrs

anyways guys
I am doing this on a small 5 K account
practically i can be doing a Max of 200 @ 1K Position each
and still have no problem with MC (with 400:1 Margin)

Not shorting AUDJPY
the rest I am doing 1 Lot every 12 hrs
run a simulation w/ Demo...you should be happy

EUR/USD Buy
USD/JPY Buy
USD/CHF Sell
AUD/USD Buy
USD/CAD Buy
NZD/USD Buy
EUR/JPY Buy
GBP/JPY Buy
CHF/JPY Buy
GBP/CHF Sell
EUR/CAD Buy
AUD/JPY Sell
CAD/JPY Buy
NZD/JPY Buy
GBP/CAD Buy
NZD/CAD Buy
XAU/USD Buy
XAG/USD Buy

hk ab 09:04 GMT March 16, 2012 Reply   
is today quad twich?

Mumbai AS 08:58 GMT March 16, 2012
OTHER
Entry: Target: Stop:

This formula you have given is specific to gold ? For greater clarity just write how would you enter formula for 0900 on 16Mar 2012 as " "

Thanks

Saar KaL 08:58 GMT March 16, 2012
more clean look
AUDJPY CADJPY less attractive then NZDJPY
NZDJPY less attractive the EURJPY GBPJPY and CHFJPY
I think you see why.
GL

EUR/USD 1.3197
USD/JPY 84.1945
USD/CHF 0.9123
AUD/USD 1.0581
USD/CAD 0.9971
NZD/USD 0.8208
EUR/JPY 111.0569
GBP/JPY 132.3689
CHF/JPY 92.1572
GBP/CHF 1.4349
EUR/CAD 1.3159
AUD/JPY 87.8411
CAD/JPY 84.3636
NZD/JPY 69.0586
GBP/CAD 1.5678
NZD/CAD 0.8185
XAU/USD 1,681.7880
XAG/USD 33.4566

hk ab 08:54 GMT March 16, 2012 Reply   
rana, yen just came back to our targets.

HK Kwun 08:48 GMT March 16, 2012 Reply   
Buy Gold
Entry: 1652 Target: Stop:

buy again

hk ab 08:48 GMT March 16, 2012 Reply   
looks like missions completed mode......

Saar KaL 08:41 GMT March 16, 2012
date formate
is excel
just copy it from "=" sign till the end into excel

anyways

if above can Long cover or short
if below can buy or cover short
will do this every 12 hrs
position cycle could be 1 week and max 2 week
not worried cause i trade 1K USD Lots
EurCAD 1.3159
EURUSD 1.3196
Gold 1,681.7031
USDJPY 84.1926
USDCHF 0.9123
AUDUSD 1.0581
USDCAD 0.9971
NZDUSD 0.8208
EURGBP 0.8390
EURJPY 111.0507
GBPJPY 132.3633
CHFJPY 92.1525
GBPCHF 1.4349
CADJPY 84.36085889
NZDJPY 69.0556643
AUDJPY 87.83739898

HK RF@ 08:35 GMT March 16, 2012
HK JL 08:29 GMT

You are welcomed

HK JL 08:29 GMT March 16, 2012 Reply   
HK RF@ 08:18 GMT


Tks for sharing !

msa nsm 08:22 GMT March 16, 2012
Great math call :) let's see 10hrs down the line. Thanks for sharing

GVI Forex Blog 08:19 GMT March 16, 2012 Reply   
- (SG) Monetary Authority of Singapore (MAS) Survey: Lowers 2012 GDP growth outlook to 2.5% from 3.0% Dec view >- (KR) SOUTH KOREA FEB EXPORT PRICE INDEX M/M: -0.6% V 1.1% PRIOR; Y/Y: 2.1% V 4.6% PR

TradeTheNews.com Asian Market Update: Mixed trade among fresh yen strength; Fed's Lacker expects a rate increase before 2014

HK RF@ 08:18 GMT March 16, 2012 Reply   


Based on the article I mentioned in my previous post(http://peterlbrandt.com/what-do-the-gold-charts-say/), the target of the inverted H&S mentioned is close and may become closer in the coming weeks to the target based on the longer time span triangle,I kept on presenting for sometime.

People should buy gold (and if needed not on margin), because it may reach 2050...and it may happen very fast!!!

Mumbai AS 08:07 GMT March 16, 2012
Gold
Entry: Target: Stop:

Kal , how do we fill up the date and time ? for example for NY time at 0900 today 16 March , in what format ?

HK JL 07:58 GMT March 16, 2012 Reply   
HK RF n HK Kwun

For the drop .. got hit from client , and to be exact that drop hit 1657.50 (our sys) then back to 1661 and later around 55.5-56.5 ... custs keep on short on14 mornings time when we are 80 level... maybe good time to squeeze . let's c

HK RF@ 07:55 GMT March 16, 2012 Reply   
ab Kwun and others.

An interesting reading of analysis for longer term gold.

http://peterlbrandt.com/what-do-the-gold-charts-say/

HK RF@ 07:49 GMT March 16, 2012 Reply   
Will rather wait for ~1590 to load more. That level may form the low of the day(If seen).

HK Kwun 07:47 GMT March 16, 2012
HK JL, dropped to 1655? When? Only 1658.

HK RF@ 07:45 GMT March 16, 2012
HK JL 07:34 GMT

What is important is not a daily noise, but that gold is still locked in between 1650,1680.

I may give more weight to the possible deterioration of the M.E. situation over this coming weekend.

And of course the bears/bulls Friday showdown tonight:)

hk ab 07:43 GMT March 16, 2012
RF, Perfect excuse to clear weak longs......

hrly candle interesting, posing a drop back to 1639? I doubt.

HK JL 07:34 GMT March 16, 2012 Reply   


India proposes to double basic customs duty on gold..
it drop from 1664 to 1655 in one min'

Sydney ACC 07:33 GMT March 16, 2012
The EU is one thing, the eurozone is another one entirely.

Syd 07:23 GMT March 16, 2012 Reply   
Greece will most likely leave the European Union by the second half of 2012, says Brendan Brown, head of economic research at Mitsubishi UFJ Securities International, who says the exit is his "central scenario." The recent Greek bailout was a "temporary fix ahead of French elections," adds Brown. "Next time Greece comes in and needs more money then Germany will probably say no, and I think Sarkozy has already prepared the ground for that by saying that Greece should never have come into the European Union in the first place," he says. The exit would be a "popular thing to achieve" for Chancellor Merkel ahead of 2013 elections, with widespread support in Germany for Greece to leave

Saar KaL 07:21 GMT March 16, 2012
ab/
and other gold traders

eqution for gold expected level
where now() is ny time date
just copy into excel

=-66390014.150834+NOW()*3233.27747146553+NOW()^2*-0.0393650125641202

you should get around now 1681.32018

whenever MKT Gold is less then the time related equation level
I am Doing 1000 USD Lot every 12 hrs
exit same way

Melbourne Qindex 07:00 GMT March 16, 2012 Reply   
Sell EURUSD
Entry: Target: Stop:

EUR/USD : The market is under pressure when it is rejected from the barrier at 1.3193. It is likely that the market will retrace and tackle the supporting barrier at 1.3040 // 1.3063.


Qindex.com


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

EUR/USD : Monthly Cycle Charts

Syd 04:59 GMT March 16, 2012 Reply   
GBPUSD put in a Bullish Engulfing candlestick pattern above falling trend line resistance-turned-support at from late October, hinting a move higher is ahead. Confirmation is needed on a break of a minor channel top set from the February 29 high, which would initially expose the 23.6% Fibonacci expansion at 1.5781. Risk/reward considerations argue against entering a trade here with resistance at such close proximity and we will remain on the sidelines for now until something more attractive presents itself.

Ilya Spivak, Currency Strategist

Boston eFX 04:04 GMT March 16, 2012 Reply   
(Dow Jones via eFXnews)The higher-beta Australian dollar rose to a three-day high against its Canadian counterpart Thursday amid improved risk sentiment, and looks set to rally further to C$1.0494, and possibly to C$1.0546, technical charts suggest.

Spot AUD/CAD is .....

Aussie May Rise To C$1.0494, C$1.0546 In Near Term (full story)

GVI Forex Blog 03:48 GMT March 16, 2012 Reply   
The Dow (13252.76, +58.66, +0.44%) is holding onto its gains.

Morning Briefing : 16-Mar-2012 -0344 GMT

msa nsm 03:36 GMT March 16, 2012 Reply   
Not good with fundamental trades so what do you think of a eurchf buy...heard of eur 25billion worth stops below 1.1995...any advice on how to trade this pair?

Boston eFX 02:52 GMT March 16, 2012 Reply   
(Dow Jones via eFXnews) The USD/JPY may fall to 83.00 as position adjustments are likely to kick in ahead of the weekend following the pair's recent rally, says Masafumi Yamamoto, chief forex strategist at Barclays Capital in Tokyo.

"However, such fall could offer a good opportunity for.....

USD/JPY May Fall To 83, But Downside Solid - Barcap (full story)

HK RF@ 02:27 GMT March 16, 2012 Reply   
Cabinet ministers said privately that the address "sounded like a preparatory speech for an attack".

The speech coincided with reports that Israel's Cabinet is arranged eight to six in favour of a pre-emptive strike on Iran, even without Washington's open support. It is a shift that could prove decisive in swaying Mr Netanyahu's decision on whether to defy international calls for restraint to allow time for sanctions to work.

Linking recent rocket attacks on Israel by Gaza-based militants, Mr Netanyahu said he could not tolerate a situation where terrorist groups are backed by a nuclear power.

"I hope that the whole world today understands that the terrorist organisations in Gaza – Hamas and Islamic Jihad – and also Hezbollah in Lebanon, are sheltered by the Iranian umbrella," he said. "Can you imagine what would happen if that umbrella was nuclear?"

FRIDAY 16 MARCH 2012

http://www.independent.co.uk/news/world/middle-east/netanyahus-speech-to-mps-prepares-for-attack-on-iran-7574469.html

Open 02:22 GMT March 16, 2012 Reply   

EUR/USD Daily Asia Outlook 03/16

Open 02:19 GMT March 16, 2012 Reply   

GBP/USD Daily Asia Outlook 03/16

HK RF@ 02:18 GMT March 16, 2012 Reply   
Range seems to be locked between 1650 to 1680, with 1670 Res. to overcome first.

IF 1680 breached will target 1740 at first.

philadelphia caba 01:37 GMT March 16, 2012 Reply   
Talk about stop-loss sell orders below 1.1995 to exceed EUR25 billion...

Boston eFX 00:30 GMT March 16, 2012 Reply   
(Dow Jones via eFXnews)Fitch's warning that the U.K. could lose its triple-A credit rating is a blessing in disguise.

Sure, the downgrade from stable to negative, bringing Fitch in line with Moody's, looks bad as it highlights the difficulties facing the U.K. economy.

Growth in the....

FOREX FOCUS: Mr. Osborne Must Be Thanking Mr. Fitch (full story)

Boston eFX 00:25 GMT March 16, 2012 Reply   
(Dow Jones via eFXnews)Growth and interest rate differentials are likely to move in support of a higher NZD/AUD this year and the less negative outlook for NZ's terms of trade is also helpful, says BNZ FX Strategist Mike Jones in a note.

The Australian economy has been losing steam lately, after an extremely strong run, while recent NZ economic signals have been encouraging, he says.

And while the RBA looks ....

NZD/AUD Should Remain On Gradual Uptrend - BNZ (full story)

Forex Signals 00:04 GMT March 16, 2012 Reply   

Max McKegg's Special Update