Forex Forum Archive for 05/03/2012

Melbourne Qindex 23:53 GMT May 3, 2012 Reply   
Platinum (1531.0) : Critical Point 1488.2


The market is now working on the barrier at 1524.2 // 1554.0. A critical point is positioning at 1488.2. Speculative selling pressure will increase again when the market downward trending momentum is strong enough to penetrate through the barrier at 1460.0 // 1488.2.


Qindex.com


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

Platinum : Monthly Cycle Charts

Seattle SL 23:32 GMT May 3, 2012
Below 1,31 20%
1.31-1.32. 75%
Above 1.32. 5%

Chicago DV 23:13 GMT May 3, 2012
Below 1.31 8%
1.31-1.32 71%
Above 1.32 21%

canmore cyclops 22:58 GMT May 3, 2012
I guess i really depends upon tomorrow's magic number from the US, which from an earlier post (I think DC) is meaningless, since it has a margin of error of 100,000

Anyway
Below 1.31 5%
1.31-1.32 80%
Above 1.32 15%

GVI Forex Jay Meisler 22:49 GMT May 3, 2012 Reply   
How about a snap poll:

Place odds on each of the following for how the EURUSD will close the week;

Below 1.31
1.31-1.32
Above 1.32

Cambridge Joe 22:18 GMT May 3, 2012 Reply   
Q. How is a woman like a Hurricane ?

A. They are hot wet and wild when they come, and when they go, they take your house and car.

You know this.

GVI Forex john bland 21:38 GMT May 3, 2012 Reply   



May 3, 2012 (global-view.com) UPCOMING DATA HIGHLIGHTS for Friday, May 3. Updated: Trading Events Calendar:

• Far East: JP- Holiday.
• Europe: EZ- Service PMI, Retail Sales.
• North America: US- Employment, CA- Ivey PMI.

Cambridge Joe 21:37 GMT May 3, 2012
GD. Excellent beyond measure !

Without doubt, pristine timing with well informed, clear decision.

To the Victor... the spoils !

Fortunately for myself, I am able to navigate the topography of the smaller market movements and thereby survive ! :-)

Cambridge Joe 21:29 GMT May 3, 2012
Chicago AC 20:58 GMT May 3, 2012
gold: Reply
Joe ... have a look at the 300 dma. In case that fails - look at the 75 wma. Besides that and more shortterm follow the 10dma and 75dma.

AC. thanks for the insights re. the MAs' I'm grateful and will look to see how I might benefit from them.

In my opinion, any significant fund would welcome the skills of FM or Trout.

Vienna GD 21:19 GMT May 3, 2012
Joe - I sold all my gold (physical, accumulated over the last 10 years) last August - and invested into property and farmland.

I bought my last silver when it was around 29 - and bought back some Gold recently.
I will sell again - just much higher. Maybe around 24xx. And buy back 21xx and 20xx for 3000 or so. All within the next 12-18 months from here.

So where's the problem of understanding?
Buy "cheap and undervalued" - sell "expensive and overvalued" - not?

Maribor BS 21:08 GMT May 3, 2012
GD, your money making is based on assumption of price rise...assumptions can go wrong.
Agree on long term...but few days ago I sold my little amount I bought for ~300 USD...needed cash.

Long term gold price shall in my reasoning not be very far away from production price(regardless of money creation).

Chicago AC 20:58 GMT May 3, 2012
Joe ... have a look at the 300 dma. In case that fails - look at the 75 wma. Besides that and more shortterm follow the 10dma and 75dma.

Additionally one might eventually consider to hedge with indices shorts and/or EURUSD shorts - but just as long as QE is of the table and EU is on the table. But IMHO these are more or less worthless trades - as that is just riding a whipsaw and being food for the sharks.

As for shortterm gambling - not my profession.
In that regard Zeus/Trout and Lahore/FM are for sure the ultimate leaders.

PS: have you noticed the algo spikes in GLD and IWM today?
Food for thoughts I would say.

Cambridge Joe 20:58 GMT May 3, 2012
Speaking as one of the smallest, short term traders.... something I fail to understand, is IF a person is a hard-wired PM bull... your gold is now worth the same as it was on the 2nd. of August, 2011.

Now... plainly, I don't know anything worth knowing.... but is that trading or hoping ?

Sure, you may have loads of money, and good luck with that.
:-)

Swan Valley Trout 20:51 GMT May 3, 2012
Vienna GD 20:42 GMT May 3, 2012

The most successful traders I know are billionaires, not millionaires. A few hundred or a thousand ounces is small potatoes...
But, have it your way mate. Whatever you say.

Cheers!

Lahore FM 20:44 GMT May 3, 2012
Ali dear .many thanx..range break certainly coming right ahead.tomm and next week will make it happen.under 1630 on daily close and weekly close tomm makes for a case of checking levels as low as 1330 over 4 to 8 weeks.upside though nothing impossible and unthinkable but is not favoured view on my end.

upticks to 1643 1646 and 1652 may be sold with 1659 sl and for levels below 1630.

Vienna GD 20:42 GMT May 3, 2012
Not tradeable .... just laughable

why not hold gold from here with stop (i.e.) 1580 or 20 below the 300 dma???

Just because you are all here short term gamblers?

The most successful traders I know (millionaires) - JUST play the big swings.

All this shortterm stuff ... is just for the fish - or daytraders (successful or not). Though the big money is elsewhere.

I.e. have 500 oz or 1000 oz and hold it for 22xx - that is 300K or 600K within (i.e.) 6-18 months. And in the meantime (and after the bottom is made) go for holidays. Instead of being whipsawed 12-18 months each day.

And that on top of holding a good sized amount of physical.

Cambridge Joe 20:36 GMT May 3, 2012
AC. I have silver buying on the 1 minute, over sold on 5 , 15, 30. 1 hour ... still sells. Maybe look for a temporary reaction at 29, before selling again.

Gold ... currently failing buy on the 1 minute. Partial buy on the 5. Very questionable buy on the 15. Failing sell on the 30. still a solid sell on the 1 hour...

Signals from the one hour can last for days....

Take your pick. How do you see it ? GLGT.

GVI Forex john bland 20:35 GMT May 3, 2012

• Key Items: EZ- Service PMI, Retail Sales, US- Payrolls, CA Ivey PMI.

• Weekly jobless claims on Thursday suggest that the recent weakness in claims was due to faulty seasonals. Non-Farm Payrolls on Friday will be decisive, but leading indicators of the data: ADP, weekly jobs and the Service PMI Employment sub-component have been all over the map.  We  want to see how the markets react to either an above or below consensus (+175K) print on Friday. The U.S.10-yr is 1.92%, 0bp. 

• The EURUSD is about steady. The ECB decision and policy statement and press conference impacted the markets. As expected by most 
  professional ECB watchers, the central bank did not cut its 1.00% refi rate, at its meeting Barcelona. A  bit surprising was there were no hints that future ease is in the pipeline. 

• Sunday sees national elections in France and Greece. Germany will sees a key state election in Schleswig-Holstein. The 10-yr bund closed 1.61%, 0 bp. The key EURUSD 20-day average is 1.3159. Key European bourses ended mixed.

• Key Asian bourses closed mostly higher  Japan was closed for a holiday and will be shuttered again on Friday. The 10-yr JGB was 0.89%, 0bp. The USDJPY is steady. The key USDJPY 20-day average is 80.89.

Chicago AC 20:32 GMT May 3, 2012
Zeus ... 1 month, 3 month - 6 month

Maribor BS 20:30 GMT May 3, 2012
AC, yes I am now bullish and long(after series of triggered stops)

Lahore Ali Hussain 20:29 GMT May 3, 2012 Reply   
Gold
Entry: Target: Stop:

Dear FM
Man you rock........

Your next target for gold what do you think???

Gold is range over the past 15 days between 1635---1670.
Do you this is the calm prior to the next big storm

Closing below 1630 selling and closing above 1675 more buyers

your view???????

Maribor BS 20:26 GMT May 3, 2012
BK, Vienna GD views are not tradable. From weekly chart gold can easy come to under 1000 or over 2000 and that is not tradable. Tradable is maybe low ~1618 and high ~1680...

Swan Valley Trout 20:24 GMT May 3, 2012
Chicago AC 20:17 GMT May 3, 2012

Short term, long term, 1 min, 1 year?

GVI Forex Blog 20:20 GMT May 3, 2012 Reply   
Key Items: EZ- Service PMI, Retail Sales, US- Payrolls, CA Ivey PMI. Weekly jobless claims on Thursday suggest that the recent weakness in claims was due to faulty seasonals. Non-Farm Payrolls on Friday will be decisive, but leading indicators of the data: ADP, weekly jobs and the Service PMI Employment sub-component have been all over the map. We want to see how the markets react to either an above or below consensus (+175K) print on Friday. The U.S.10-yr is 1.92%, 0bp.

Forex Trading Talk 00:00 GMT 4 May 2012

Chicago AC 20:17 GMT May 3, 2012
Again - let me know - is there a single gold bull left here ???

Swan Valley Trout 20:16 GMT May 3, 2012
Vienna GD 19:45 GMT May 3, 2012

Unfortunately you seem confused or emotional.
The market will take care of everything and then you can do a parade here.
As for Eur 1.2777 I do not know what your point is but I did notice that the market successfully targeted that level just as the new year began. That level will not be as important in the future.
I hear 1.2277 and 1.1777 are more interesting.
Best to you!

Swan Valley Trout 20:11 GMT May 3, 2012
Cheers Joe and Rana san!

Lahore FM 20:07 GMT May 3, 2012
agree BK!

LJ BK 19:58 GMT May 3, 2012
Interesting to see such brave forecasts for a PMs correction. I see it like this; gold never made a decent correction (+25%)since 2008 and the time is ripe for one. It never made a negative yearly return since it started rising in 2001 also. 1000 usd level was the last major breakout level and it was never retested. In my view, it can go to that level again and probably that would be a great long term buying opportunity. Re comments that chinese CB won't let it fall there.. I think they would be more than happy to see it there again and buy some from some other CBs. As BC, who unfortunately doesn't show here anymore, explained many times, those guys don't buy on the market and I would imagine they don't use stops for their physical holding either.

To support such view, best way would be buying some 1000 puts till year end imo. On the other hand, monthly close above 1800 will make me change my mind.

GVI Forex Blog 19:55 GMT May 3, 2012 Reply   
AUD and NZD Outlooks: Tonight’s US employment report and the French and Greek elections present the main global event risks. Locally, the RBA’s statement of monetary policy will be read for guidance on any future rate cuts.

Forex - Monring Report (Westpac)

GVI Forex john bland 19:52 GMT May 3, 2012
Latest Close Trading Points...
more chart points About Pivot Points

Refresh Forum MANUALLY to update table

GVI Forex john bland 19:50 GMT May 3, 2012
Latest Closing Trading Points...
many more chart points
About Moving Averages
About Bollinger Bands


Refresh Forum Manually to Update Table.

Vienna GD 19:45 GMT May 3, 2012
yeah Trout ... or Zeus ... just like EURUSD 1.27777

Just as a reminder: that zillions of times and many many moons called dead man/eurella is - surprisingly - still walking - and still above 1.30.

But hey .. I love the sentiment here!
Great! Do me a favor - and stick with it!

BTW: I don't care at all what EURUSD or the Dollar does - both worthless fiat.

GVI Forex john bland 19:44 GMT May 3, 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.

GVI Forex john bland 19:39 GMT May 3, 2012
Global-View.com Forex Heat Map

Forex Trading Tools Index

dc CB 19:39 GMT May 3, 2012
The Frontrunning QE Trade, as pointed out on ZeroHedge today is self-defeating.

This trade includes not only stox but also commods: esp Oil and Gold. The idea of the trade being that there will be QE III (aka Free Money) resulting in all assests going UP.

The problem with Front Running is that in this Political Climate...elections. Benny and the Jets need and excuse.

New highs in stox, 1700 gold, 106 and climbing Oil - Gas Prices...is not gonna give Ben and The O the cover they need to pull the trigger on the Horn of Plenty in time for the fall election.

The rest of this spring needs to play out just like 2010 and 2011.
Because as the saying goes: There is no Gain with out Pain.

Chicago AC 19:38 GMT May 3, 2012
Is there just a single gold or silver bull left here?

Vienna GD 19:37 GMT May 3, 2012
Super perfect sentiment with everybody - and even the super ĂĽberdrĂĽber smart ones - bearish the metals here.

GVI Forex john bland 19:36 GMT May 3, 2012

eu pat 19:18 GMT May 3, 2012 Reply   
I bought just now at 80.29.. quite interesting level for me..

Cambridge Joe 19:11 GMT May 3, 2012
Trout. Thanks for sharing your views. Once again, we share a common perspective.

Since the 'hot ice ' post of our Kamerad earlier, I've been going the charts and can find nothing to hint of tomorrow's spike.....

Perhaps one of us has their screen upside down...

Time will surely tell. :-)

GLGT.

tokyo rana 19:05 GMT May 3, 2012
Swan Valley Trout 18:56my friend i agree with you and FM....ithink gold 600/1000 silver 15/21....happy trade

Swan Valley Trout 18:56 GMT May 3, 2012
hk ab 18:27 GMT May 3, 2012

You're welcome dear friend. As for gold I dream of Hot Ice. Particularly the deep fried ice cream at the Texas State Fair. PM's are due for a rogue wave wipe-out of small bugs and doomsday preppers.

Sub $1000 gold and a visit for silver @ $17.77 pretty much wipes out the stackers imvho. Silver can move fast and furious with amazing velocity and reach.

Of course this idea won't sit well with some. The market will have to decide.

Cheers!

GVI Forex john bland 18:45 GMT May 3, 2012 Reply   
18:50 GMT (Global-View.com) May 3- The Global-View.com D.O.G. (Dollar, Oil, Gold) investor purchasing power index is ending Thursday in North America at .5191, +0.61% from its Wednesday close (-3.51% vs. end-2010).

As for its key subcomponents, the USD forex purchasing power index is .7759, +0.17% (-0.29% 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 .1763, +1.21% (-13.11% end-2010).

Against crude, it is at 0.4345, +2.53% (-10.90% vs. 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).

Vienna GD 18:30 GMT May 3, 2012
FM my dear friend ... in this case I guess you are dreamin' of hot ice!

Over 100 before you see 15, which would mean extreme deflation.
And If you see 15 - then da DOW will loose minimum 50% of todays value, for whatever reason.

IMHO get ready for gold 19xx until yearend (with the fed in a corner and elections ahead) - and for 22xx-24xx within next 18 months. Silver over 100 and maybe even 130 with the real run and infusions starting after the elections.

And another bet: Gold will never again go below the range 1590-1610.

And finally: get ready for a mighty spike up tomorrow.

Of course this is just a series of wild and eventually ridiculous guesses.
But the same is your (ridiculous) prediction of silver 15.

We'll see.

hk ab 18:27 GMT May 3, 2012
Thanks very much Zeus, how about gold?

Swan Valley Trout 18:16 GMT May 3, 2012
hk ab 16:07 GMT May 3, 2012

Hi ab san. Target focused on and executed was 1.3177
Cheers!

hk ab 18:08 GMT May 3, 2012
CB, thanks very much.

It looks like an "All-in" to me.....

dc CB 17:57 GMT May 3, 2012


Crude WTIC

dc CB 17:56 GMT May 3, 2012


Comex Gold

hk ab 17:43 GMT May 3, 2012
FM, would Chi. gov allow the bangster to push gold, silver to that low? I doubt....

As long as US keep printing and China is still holding the US-T, they will not let the bangster to devalue their gold asset......

just my 2 cent.

dc CB 17:34 GMT May 3, 2012 Reply   
Take a few mins to view the video.

every human should watch this brief clip before buying that 100-lot ES milliseconds after the release tomorrow,

Lahore FM 17:25 GMT May 3, 2012
ab over months we will see 15 on silver..there will be enough stops on the way down placed by the long termers.

hk ab 17:19 GMT May 3, 2012 Reply   
mission failed?

hk ab 17:14 GMT May 3, 2012 Reply   
no significant stop found under 30.......

hk ab 17:06 GMT May 3, 2012 Reply   
CB, the same group always come at the same time... US lunch hour....to attack....

do you have the volume info?

hk ab 16:35 GMT May 3, 2012
CB, they should attack silver soon.....

but interestingly, silver didn't make some significant high before attack.... so, the stoploss under may not be significant as well.

tokyo rana 16:31 GMT May 3, 2012
Sell AUDUSD
Entry: Target: Stop:

holding audusd short from higher level target 9666/93888

Indonesia Solo Raden Mas 16:30 GMT May 3, 2012 Reply   
gold sellers are ready to drill chart till 1627, they know at that levels there are so many gold too.

dc CB 16:27 GMT May 3, 2012
looking like everyone is just jumping today.
all red liquidation?

very marginal up in USD index
Bonds and Notes are flat or up a few ticks....no one running for cover there.

Indonesia Solo Raden Mas 16:27 GMT May 3, 2012 Reply   
confirmed to talk about 1.6114. yesssss!!!

dc CB 16:24 GMT May 3, 2012
interesting high volume attack on oil today.

Maribor BS 16:17 GMT May 3, 2012
errata: it becomes heavier than the other side

Indonesia Solo Raden Mas 16:16 GMT May 3, 2012
if 1.0244 be broken, mean tend to get bottom tgt 1.0171

Maribor BS 16:16 GMT May 3, 2012
Raden Mas, I have one interesting comparison about rates and as you mentioned ship. Suppose ship is unstable and in one moment all passengers are thrown into the sea. Some of them are on one side of the ship and some on the other. Ship lean on one side and on the other and passengers try climb on it. How much it leans to the side depens(throu not completely - one must take account on waves etc. ) on how much passengers try to climb on it on particular side. If too many passengers climb on one side, it becomes heavier on the other side and lean further down. So, as it leans to one side, passengers must decide whether it is good to climb when it is declining or rising...

Good trades...

Sg L 16:13 GMT May 3, 2012
Buy AUDUSD
Entry: 1.02450 Target: Stop:

I plan to long at 1.0245. Do anyone think it is wise?

GVI Forex Blog 16:09 GMT May 3, 2012 Reply   
Last month I was uncharacteristically optimistic that the new head of the ECB, Mario Draghi, was cut from the same cloth as Ben Bernanke and Mervyn King…neo-Keynesian cloth not the neo-classical cloth of his predecessors.

ECB at end of policy accommodation rope (FXA)

kl fs 16:08 GMT May 3, 2012 Reply   
wow audusd looks extremely heavy! anyone selling here?

hk ab 16:07 GMT May 3, 2012 Reply   
Trout, what's your target for that perfect eur long? exited already?

Lahore FM 16:04 GMT May 3, 2012
cheers Rana,no immediate orders for gold.will see when its time.

tokyo rana 16:00 GMT May 3, 2012
Lahore FM 15:56 thanx brother, you done very well on gold and oil......i also closed today shorts...now orders around 1650/1675area for gold short....happy trade

tokyo rana 16:00 GMT May 3, 2012
Lahore FM 15:56 thanx brother, you done very well on gold and oil......i also closed today shorts...now orders around 1650/1675area for gold short....happy trade

Lahore FM 15:56 GMT May 3, 2012
Rana dear your targets are fine.for me intermediate target at 1.0100.

tokyo rana 15:55 GMT May 3, 2012
Sell GBPUSD
Entry: Target: lots of pips Stop:

Indonesia Solo Raden Mas 15:35 dear friend,i m waiting gbpusd rally....i have orders around 1.625/1.635 for add more short......happy trade

tokyo rana 15:55 GMT May 3, 2012
Sell GBPUSD
Entry: Target: lots of pips Stop:

Indonesia Solo Raden Mas 15:35 dear friend,i m waiting gbpusd rally....i have orders around 1.625/1.635 for add more short......happy trade

tokyo rana 15:52 GMT May 3, 2012
Buy USDCAD
Entry: 983/35 Target: Stop:

Lahore FM 15:11 dear brother,what is your target?i bought 2lots today 983/9835 and hold for 300/500pips...i had long around 985/65 which is closed now with small gain......thanx in advance....happy trade

Indonesia Solo Raden Mas 15:50 GMT May 3, 2012 Reply   
gbp/usd ship with full passengers are going to the South. they have the same dream.

Lahore FM 15:40 GMT May 3, 2012
Sell Gold
Entry: 1663.25 Target: Stop:

Lahore FM 06:45:15 GMT - 05/02/2012

Sell Gold
Entry: 1663.25 Target: Stop: 1667 for half
Lahore FM 16:20:28 GMT - 05/01/2012

Sell Gold
Entry: 1663.25 Target: Stop: 1667
sold
--
1656 half clsoed now.sl stays.

additional order to sell 1664 placed with 1675 sl.
--
closed for 26 dolls in all.will reshort higher.

Indonesia Solo Raden Mas 15:37 GMT May 3, 2012 Reply   
Hk Kwun,
dont forget with 1627 what will we do there.

Indonesia Solo Raden Mas 15:35 GMT May 3, 2012 Reply   
see my chart that be posted at 17:32 GMT May 2, 2012
about gbp/usd
gbp/usd have get start point to go to The South.

FOCUSE ON 1,6120-1.6099
Lets go !!

Raden Mas

GVI Forex 15:34 GMT May 3, 2012 Reply   
EUR/USD probed lower toward the 1.3100 level as the ECB press conference began and traders bet that the central bank would lay the groundwork for future easing and additional special measures. Overall Draghi offered no catalysts for a euro selloff from Draghi, who clearly stated that a rate cut was not discussed at today's policy meeting. In the end, the ECB was not nearly as dovish as some in the market were expecting

TradeTheNews.com US Market Update

dc CB 15:24 GMT May 3, 2012 Reply   


Index futures put in a bottom 10:20 - 10:30 AM
13157, 1391, 2718.50

will it hold for the day?

Lahore FM 15:11 GMT May 3, 2012
Buy USDCAD
Entry: Target: Stop:

long here sl at 0.9825.it took 4 cents off crude to shake this one up!

GVI Forex Blog 14:59 GMT May 3, 2012 Reply   
May 3, 2012 (global-view.com) UPCOMING DATA HIGHLIGHTS for Friday, May 3. Updated: Trading Events Calendar:

GVI Forex Data Outlook for 4 May 2012

Swan Valley Trout 14:57 GMT May 3, 2012 Reply   
Short GBP/USD @ 1.6213 for ST trade.

Happy Trade!

GVI Forex john bland 14:55 GMT May 3, 2012 Reply   



May 3, 2012 (global-view.com) UPCOMING DATA HIGHLIGHTS for Friday, May 3. Updated: Trading Events Calendar:

• Far East: JP- Holiday.
• Europe: EZ- Service PMI, Retail Sales.
• North America: US- Employment, CA- Ivey PMI.

Mtl JP 14:45 GMT May 3, 2012
Williams, Lockhart & Plosser 

Lahore FM 14:35 GMT May 3, 2012
Lahore FM 20:43:35 GMT - 05/01/2012
weak gold or strong usd or both is how its likely to shape up...technical picture that produced move from 815 to 2000 now argues for a bear move of similar strength..can;t say what will be happening on economic front.

an ecb easing can be a good start for a trigger mainly....

--
hardly matters where pips come from...

Lahore FM 14:33 GMT May 3, 2012
Sell Crude
Entry: 106.21 Target: 100.00 for half Stop: 106.21 for half

Lahore FM 15:48:59 GMT - 05/02/2012

Sell Crude
Entry: Target: Stop: 106.45
Lahore FM 17:22:38 GMT - 05/01/2012

Sell Crude
Entry: 106.21 Target: 103.80 for half Stop: 106.85
sold
--
sl lowered.

--
closed half at 103.39 now.sl at entry and target at 100.

hk ab 14:33 GMT May 3, 2012 Reply   
will anyone talk today?

GVI Forex john bland 14:30 GMT May 3, 2012

hk ab 14:26 GMT May 3, 2012 Reply   
seems we are preparing for a full risk aversion mkt....

gold needs to serve as safe-heaven once again, 'cos no bond mkt is safe anymore........

hk ab 14:24 GMT May 3, 2012
Kwun, what's wrong with e/j short? it gives me profit though.

I found nzd tanking quietly. somthing to watch.

Central Kwun 14:22 GMT May 3, 2012
FM, your gold short almost reached 1630, what a great trader! Awesome

hk ab 14:22 GMT May 3, 2012 Reply   
rana, is your short ok?

Central Kwun 14:21 GMT May 3, 2012
ab, already told you not short EUR/JPY

GVI Forex john bland 14:12 GMT May 3, 2012


ISM Services PMI vs. flash EZ Svc PMI Both charts are trending down.

hk ab 14:09 GMT May 3, 2012 Reply   
does anyone remember what ignited the run of gold towards 1900 last year?

hk ab 14:02 GMT May 3, 2012 Reply   
looks like reignite the QE3 possibility.

hk ab 14:01 GMT May 3, 2012 Reply   
close all shorts on dips.

GVI Forex john bland 14:00 GMT May 3, 2012

GVI Forex john bland 13:49 GMT May 3, 2012
ECB Post-Mortem. Major typo fixed. refresh page to see corrected text.

Thank you.

Maribor BS 13:48 GMT May 3, 2012
Rana, if you want to short...my levels are EUR ~1,32, USDJPY ~80,5, GBP ~1,621 or 1,6235...

Will wait before risking next money on gold longs, maybe till volatility vanishes.

hk ab 13:47 GMT May 3, 2012 Reply   
add short e/j 106,
aud/j 82.7.

GVI Forex john bland 13:44 GMT May 3, 2012

hk ab 13:42 GMT May 3, 2012 Reply   
unbelievable dip happens again which meets the secret thick order....

hk ab 13:41 GMT May 3, 2012 Reply   
gold is simple, bangster push it down till they find chinese buying order........

hk ab 13:38 GMT May 3, 2012 Reply   
all orders look like miracle....

tokyo rana 13:36 GMT May 3, 2012
Maribor BS 13:30 cannot wait for rally will short more gbp and eur...1.37?1.67? 1.07?plz come....

hk ab 13:33 GMT May 3, 2012 Reply   
wow do they need to generate "opposite" signal so fast after discussion in gvi?

sadly, it has difficulty at 1642 now.

Maribor BS 13:30 GMT May 3, 2012 Reply   
My guess small players are now short EUR and GBP in vast majority and it is time to give back what they as a group accidentaly earned when bad news coincided with their positioning. Expect nice rally in EUR, GBP gold till weekend when they will close positions in loss. Was wrong lately...

ｔｏｋｙｏ rana 13:28 GMT May 3, 2012 Reply   
Sell USDJPY
Entry: 80.50 Target: open Stop: later

going short from 80.50 on every 10/30pips rise ithink this is safe biz.....also sold eurusd 1.317....happy trade

Cambridge Joe 13:27 GMT May 3, 2012
Beijing Laowen LOL !

No my friend, I'm very much Johnny English... LOL !

But I do like to try and learn as I go !

hk ab 13:19 GMT May 3, 2012 Reply   
this baby may have a run to 106.50 since I put up that level to watch.....

Beijing Laowen 13:18 GMT May 3, 2012
Oh Joe, happy to learn that you might be a Cantonese. Cheers.

Swan Valley Trout 13:18 GMT May 3, 2012
Cambridge Joe 13:13 GMT May 3, 2012

Thanks mate. I'm still rolling. You made my day! ;-))
Best!

hk ab 13:17 GMT May 3, 2012 Reply   
add to short 1.3175

hk ab 13:15 GMT May 3, 2012 Reply   
with gold under 1640, no north run for aud and eur... probably, that's it.

Melbourne Qindex 13:14 GMT May 3, 2012
Gold
Entry: Target: Stop:

Gold : The market is negative when it is below the barrier at 1629.0 // 1633.5.


Qindex.com


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

Gold : Monthly Cycle Charts

hk ab 13:14 GMT May 3, 2012 Reply   
joe, no westerner have shark fin dishes nowadays....

Cambridge Joe 13:13 GMT May 3, 2012
Trout. Well played !

��食魚翅呀 ?

Swan Valley Trout 13:06 GMT May 3, 2012
And Cheers to my friends FM and Laowen!
Trout

Swan Valley Trout 13:05 GMT May 3, 2012
Swan Valley Trout 10:13 GMT May 3, 2012
1.3177 coming?
________________________________________

Cheers!

Melbourne Qindex 13:03 GMT May 3, 2012 Reply   
Gold
Entry: Target: Stop:

Gold : Speculative selling pressure will increase when the market momentum is strong enough to penetrate through the barrier at 1643.6 // 1645.4.


Qindex.com


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

Gold : Monthly Cycle Charts

hk ab 13:03 GMT May 3, 2012
e/j, 106.10 kicked in.

hk ab 13:01 GMT May 3, 2012
order for e/j short 106.1, 106.20, 106.40

Beijing Laowen 12:58 GMT May 3, 2012
Also love your cute calls FM. Remember you have a $CHF long. Itch to load one but am still flat.

hk ab 12:57 GMT May 3, 2012 Reply   
add eur short 1.3160

Maribor BS 12:52 GMT May 3, 2012
Stopped out.

GVI Forex john bland 12:50 GMT May 3, 2012
Weekly Jobless Data. Stabilizing??
Weekly jobs U.S.

Click on chart for seven-year history

Lahore FM 12:49 GMT May 3, 2012
cheers friends!!

Laowen and Trout!

hk ab 12:49 GMT May 3, 2012 Reply   
short eur 1.3150.
aud 1.0280.

hk ab 12:48 GMT May 3, 2012 Reply   
disappointed silly bank indicator.....

bangster well done.

hk ab 12:47 GMT May 3, 2012 Reply   
ok, crooks come in finally.

hk ab 12:45 GMT May 3, 2012 Reply   
what pushes eur up this time?

Beijing Laowen 12:43 GMT May 3, 2012
Trout you are not a pond fish. - quoted from FM. LOL.

GVI Forex Blog 12:42 GMT May 3, 2012 Reply   
Dollar-Swiss is continuing to remain higher and is on the verge to break above the immediate Resistance at 0.9150 as per our expectation.

FX Thoughts for the day : 03-May-2012 - 1241 GMT

hk ab 12:37 GMT May 3, 2012 Reply   
took $1 loss

Beijing Laowen 12:36 GMT May 3, 2012
Looks like some big guys are sitting at 1.3100 for loading EurUsd. This hasbeen consistent for some time.

hk ab 12:34 GMT May 3, 2012 Reply   
silly bank indicator fails today........... sorry.

Swan Valley Trout 12:34 GMT May 3, 2012
Long 1.3099 for a swing trade

GVI Forex john bland 12:32 GMT May 3, 2012

Swan Valley Trout 12:28 GMT May 3, 2012
Looks like a decent rally for EUR/USD

Happy Trade!

hk ab 12:27 GMT May 3, 2012 Reply   
the baby might need to shoot above 106.

close shorts and wait for higher level entries

hk ab 12:09 GMT May 3, 2012 Reply   
a small long at 1644 to test the silly bank indicator.

hk ab 12:06 GMT May 3, 2012 Reply   
don't want to go against the silly bank indicator......

yen story could surface at any seconds

GVI Forex john bland 12:02 GMT May 3, 2012

Chen gret 11:51 GMT May 3, 2012
is it going south ?

hk ab 11:47 GMT May 3, 2012 Reply   
Kwun, sth wrong indicated by silly bank indicator.

GVI Forex john bland 11:45 GMT May 3, 2012

hk ab 11:36 GMT May 3, 2012 Reply   
exit all shorts because silly bank indicator is quite bullish at the moment.

may reshort higher

Melbourne Qindex 11:23 GMT May 3, 2012 Reply   
NASDAQ 100 : Critical Point 2878.4


The market is under pressure when it is below the weekly cycle pivot centre at 2743.9. Speculative selling pressure will increase when the market is below 2726.1. The distribution of the monthly cycle probability chart suggests that the market has a tendency to trade between 2517.4 and 2843.5. Major resistant points are positioning at 3022.7 and 3171.1.


Qindex.com


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

NASDAQ 100 : Monthly Cycle Charts

Saar KaL 11:19 GMT May 3, 2012
Sam Good Q Bro
I have eurJPY cross
avg levels
112.2805 105.6510
day trade
106.0659 104.8169
106.2915 104.5546
106.5171 104.2923
106.7427 104.0300
maybe will the eurusd north

Seef SaM 11:13 GMT May 3, 2012
Looking forward to it but before then fireworks for the the Euro this friday .....what's your vote 1.33 or 1.28?

GVI Forex john bland 11:12 GMT May 3, 2012
DAX +74

futures
DJ +25
SP +3

Strong divrgence between stox and EURUSD

Saar KaL 11:01 GMT May 3, 2012
audusd
will make a show
next month
near reversal for 1.1
1.0967 1.0276

1.0376 1.0275
1.0394 1.0256
1.0412 1.0236
1.0430 1.0217

Saar KaL 10:59 GMT May 3, 2012
^ndx
Might still be a buy for 3000

2,948.1020 2,735.8408

2,749.8316 2,714.9928
2,756.4071 2,708.3540
2,762.9827 2,701.7152
2,769.5583 2,695.0764

Saar KaL 10:56 GMT May 3, 2012
Little too early
hehehe
oh well now have to wait

USDJPY swing buy
average range this month
84.7777 81.6849
85 Next month very likely

Day trade orders
80.5287 79.7711
80.6719 79.6159
80.8151 79.4607
80.9583 79.3055

GBPJPY
average this month
136.0984 130.2943
Buy
day trade
130.5594 129.0841
130.8351 128.7867
131.1108 128.4892
131.3866 128.1918


good sell
gbpnzd
1.9993 1.8594
Sell
day
2.0074 1.9891
2.0111 1.9860
2.0148 1.9830
2.0185 1.9799

GVI Forex 10:54 GMT May 3, 2012 Reply   
The euro dipped against the dollar on Thursday as a jump in borrowing costs at a Spanish debt auction highlighted market concerns about Madrid's economic problems, and the shared currency looked vulnerable ahead of a European Central Bank rate decision.

FOREX NEWS - Euro dips after Spain auction, ECB eyed

hk ab 10:50 GMT May 3, 2012 Reply   
there was a news about boj having difficulty in repaying the bonds from moody's report, that might be the excuse to lift dlr/jpy high again......

GVI Forex Jay Meisler 10:45 GMT May 3, 2012 Reply   
10:40 GMT (Global-View.com) May 3 -
Jay Meisler's Daily Forex Weathermap - EURUSD (current rate 1.3135)

Clouds conbnue to hover as the market is trying to put 1.30 back on the radar. To do so, EURUSD would need to get through 1.3105, which would produce an outside week, and then 1.3058 (suggests 1.3050 as well). 1.3105 is also 61.8% of 1.2995-1.3284. So far the low has been 1.3122, a 2-day double bottom. Note 1.3155 =- 20 day mva

Jay Meisler's Daily Forex Weathermap - EURUSD

GVI Forex john bland 10:37 GMT May 3, 2012

Kaunas DP 10:26 GMT May 3, 2012
Swan Valley Trout 10:13 GMT May 3, 2012
EUR/USD: Reply
1.3177 coming?

///

1.3077 1st--- IMHO

GVI Forex 10:22 GMT May 3, 2012 Reply   
The EUR/USD stayed within familiar ranges and hovered around the 1.3135 area heading into the NY morning. Overall dealers noted that today's ECB meeting would lay foundations for another round of monetary policy easing in June.

TradeTheNews.com EU Market Update: Markets focus to see whether the ECB paves the way for further easing

GVI Forex Blog 10:20 GMT May 3, 2012 Reply   
The EUR/USD stayed within familiar ranges and hovered around the 1.3135 area heading into the NY morning. Overall dealers noted that today's ECB meeting would lay foundations for another round of monetary policy easing in June.

TradeTheNews.com EU Market Update: Markets focus to see whether the ECB paves the way for further easing

Swan Valley Trout 10:13 GMT May 3, 2012
1.3177 coming?

Swan Valley Trout 09:36 GMT May 3, 2012
Final add at 1.3123

GVI Forex john bland 09:35 GMT May 3, 2012

• Key Items: EZ- ECB, US- Weekly Jobs, Service PMI, Productivity.

• The EURUSD is about steady early Thursday ahead of the ECB decision today. There has been market chatter about an interest rate cut today, but one survey of economists showed 58 out of 58 expecting no rate change today. The key EURUSD 20-day average is 1.3155. Key European bourses are mostly higher. The 10-yr bund is 1.62%, +1 bp.

• The focus in the U.S. today remains on jobs with weekly jobless claims due. Non-Farm Payrolls on Friday will be key. We are waiting to see how the markets will react to either an above or below consensus print on Friday. The U.S.10-yr is 1.92%, 0bp. 

• Key Asian bourses closed mostly higher  Japan was closed for a holiday. The 10-yr JGB was 0.89%, 0bp. The USDJPY is up. The key USDJPY 20-day average is 81.12.

Swan Valley Trout 09:31 GMT May 3, 2012
Improperly formed channel suggests perhaps a 40-60 pip rally.
Never know for sure and I don't like to forecast because there are enough crystal ball rubbings out there. I just trade what I see. When the job's a good'n I'll close, when not, I'll close that too.

Happy Trades!

hk ab 09:30 GMT May 3, 2012 Reply   
the only risk could be the news on JPB.........

GVI Forex john bland 09:29 GMT May 3, 2012 Reply   
09:30 GMT (Global-View.com) May 3- The Global-View.com D.O.G. (Dollar, Oil, Gold) investor purchasing power index is opening Thursday in North America at .5173, +0.25% from its Wednesday close (-3.85% vs. end-2010).

As for its key subcomponents, the USD forex purchasing power index is .7761, +0.19% (-0.27% 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 .1752, +0.61% (-13.63% end-2010).

Against crude, it is at 0.4251, +0.30% (-12.84% vs. 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).

Swan Valley Trout 09:26 GMT May 3, 2012
Kaunas DP 09:21 GMT May 3, 2012

It is long. I use different accounts for different setups. I hope by now people know I am core short. I took a lot of unwarranted, waste of space attacks when I was shorting into the top.

Cheers!

Kaunas DP 09:21 GMT May 3, 2012 Reply   
Swan Valley Trout 09:10 GMT May 3, 2012

I am glad to hear you are in green, however, then maybe it would be good idea to mention that you are not longing, but "locking-in some profit/hedging" for other members (especially new one) will not get the idea of your tactics... anyway... GL/GT

Swan Valley Trout 09:20 GMT May 3, 2012
Maybe it just created an improper ST wave 5

tokyo rana 09:18 GMT May 3, 2012
Sell AUDUSD
Entry: 1.0465 Target: very deep Stop: 1.05

still hold....happy trade

hk ab 09:18 GMT May 3, 2012 Reply   
a dip under 1640 inevitable now........

Swan Valley Trout 09:16 GMT May 3, 2012
hk ab 09:10 GMT May 3, 2012

Good point ab san. If it cracks 105.19 will re-evaluate.
Best to you!

tokyo rana 09:16 GMT May 3, 2012
Sell EURUSD
Entry: 1.327 Target: 500/800pips Stop: 1.327now

eurusd is short not long...happy trade

Swan Valley Trout 09:15 GMT May 3, 2012
There we go. Added at 1.3127
Cheers!

tokyo rana 09:13 GMT May 3, 2012 Reply   
Sell GBPAUD
Entry: 1.5735 Target: open Stop: later

today again sold gbpnzd and gbpaud now holding gbp short against eur nzd usd chf and aud.....

gbpnzd 2.0175

gbpaud 1.5735

gbpusd avg 1.6215now

gbpchf 1.4805


long eurgbp 0.8130


all gbp collection.............



happy trade

hk ab 09:10 GMT May 3, 2012 Reply   
Trout, I don't expect anything happen on e/j higher than 106.5.....

it even has some difficulty building up the base now.

Swan Valley Trout 09:10 GMT May 3, 2012
Kaunas DP 09:06 GMT May 3, 2012 DP- Thanks friend. You are probably right. Perhaps I'll lose on this trade. However, I'm core short from much higher levels.
GLGT!!
Cheers!

Maribor BS 09:09 GMT May 3, 2012
My buy level now ~1,31265(but already long and in red).

Swan Valley Trout 09:09 GMT May 3, 2012
Added at 1.3134

Kaunas DP 09:06 GMT May 3, 2012
Swan Valley Trout 08:57 GMT May 3, 2012

But it might be dangerous to add
1.3111 and 1.3079
for we likely see 1.3 test before retrace... IMHO

GVI Forex john bland 09:01 GMT May 3, 2012

Swan Valley Trout 08:57 GMT May 3, 2012 Reply   
Perhaps EUR/USD bounces higher from here.
Long at 1.3137
Let's see...

hk ab 08:54 GMT May 3, 2012 Reply   
where are all the bulls now?

look at the heavily injured aussie.......

eur next.

hk ab 08:52 GMT May 3, 2012 Reply   
isn't that bears have the full control at the moment?

mkt anticipating a full blown of NFP surprise.

Indonesia Solo Raden Mas 08:42 GMT May 3, 2012 Reply   
EUR/GBP tend to test 0.8176. be carefull when eur/gbp touch this level.

GVI Forex john bland 08:37 GMT May 3, 2012


U.K. Services PMI weaker than forecast but still above "50".

GVI Forex john bland 08:32 GMT May 3, 2012
UK Services PMI weaker than expected. Fits into the pattern of other dsta from the region.

GVI Forex john bland 08:28 GMT May 3, 2012 Reply   

hk ab 08:23 GMT May 3, 2012 Reply   
105.73 missed by 1 pip....

Cambridge Joe 08:19 GMT May 3, 2012 Reply   
It looks to me that provided e/$ doesn't rise too quickly, it could trigger a decent long daytrade.

Provided 3166 remains untouched by 09:15 GMT, then we will see significant firming today. IMHO.

Overall and bigger theme is to short.... how it looks to me. GLGT.

Maribor BS 08:18 GMT May 3, 2012
50% retracement on gold...now move up follows - or not.
I would expect now/soon some big boyz taking positions on EUR and GBP, maybe on gold also. Which side? My bet is - up and my stops are waiting in place.

Kaunas DP 08:17 GMT May 3, 2012 Reply   
retail crowd seems to long silver as heavy as possible...
why not to shake them out with <28$ ... my longs would start 26-27$ for 30$... will wait as long as needed :)

hk ab 08:14 GMT May 3, 2012 Reply   
bear still has the upper hand.

hk ab 08:02 GMT May 3, 2012 Reply   
losing steam now, 1637 here we go.

hk ab 07:55 GMT May 3, 2012 Reply   
this baby could collapse faster than many thought.

add 1 more pos at 105.63.

feeling that it can't rise too further from here.

hk ab 07:47 GMT May 3, 2012
buy = by

Central Kwun 07:46 GMT May 3, 2012
ab, EUR is up mode today

israel te 07:44 GMT May 3, 2012 Reply   
closed GBPCAD @ 1.05938.

enter: LONG AUDUSD @ 1.03 risking 1.0220 for 1.05

hk ab 07:39 GMT May 3, 2012
e/j, we will see buy my last addition will be 106.50+ and s/l at 106.80. for a deep run to under 100.....

Maribor BS 07:35 GMT May 3, 2012
ab, today is the day to catch speculators on wrong foot.

Kaunas DP 07:33 GMT May 3, 2012 Reply   
Kaunas DP 11:49 GMT May 2, 2012
long : Reply
Buy EURUSD
Entry: 1.3139 Target: 1.3333 Stop: 1.31
////
1.3162 out - do not like price action

Maribor BS 07:33 GMT May 3, 2012
chen, do not follow anyone. Make your homework. From my posts or ab posts you can not grasp logic behind and until you have that, it is highly unlikely you can make money trading.

hk ab 07:32 GMT May 3, 2012 Reply   
105.63 also filled......

don't mind to hold till 106.50 is seen.

Gold chart is damaged imvho. could hardly pass 1650.

Unless bangster read the post here and take opposite action.

Central Kwun 07:29 GMT May 3, 2012
don't short gold, EURO stock market is moving up

Chen gret 07:26 GMT May 3, 2012
totally confused .... Maribor is buying and ab is selling... do know which one to follow.

Please advice

Maribor BS 07:26 GMT May 3, 2012
gret, it will-sometime. In my opinion that will not be today.

Maribor BS 07:20 GMT May 3, 2012
Behaving well here at 1647...but going up further. Going to be wild day! Volatilities increasing-that is good for me now. In my approach target is ~1657 now.

Chen gret 07:18 GMT May 3, 2012
Will gold go down ?

hk ab 07:17 GMT May 3, 2012 Reply   
1648 missed.....

105.63, I am ready.

Central Kwun 07:17 GMT May 3, 2012
ab, short Gold at that low level?

Central Kwun 07:13 GMT May 3, 2012
Gold rebound faster than you think

Maribor BS 07:10 GMT May 3, 2012
Adding 1647,4.

hk ab 07:10 GMT May 3, 2012 Reply   
we could calll it GVI effect from now on.....

add short 1646.

Maribor BS 07:07 GMT May 3, 2012
Adding...may quickly see 1657.

hk ab 07:03 GMT May 3, 2012 Reply   
add short 105.54

hk ab 06:57 GMT May 3, 2012
add every 10 pips up for e/j short.

hk ab 06:56 GMT May 3, 2012 Reply   
sell e/j heavy 105.42, chart looks awful.

Maribor BS 06:54 GMT May 3, 2012
Gold continueed down to archive 1642 target. This should be enough as this is my last buy level before ~1620, so...going long @1644,5 after series of stop losses. Let's see how approach work in times of excess supply...stop 1640, first target 1651.

Syd 06:51 GMT May 3, 2012 Reply   
HSU boss Kathy Jackson reveals to Paul Murray Live she was offered a seat in parliament to keep her quiet.
http://www.skynews.com.au/video/?vId=3227192&cId=Programs&play=true

sky news

hk ab 06:48 GMT May 3, 2012 Reply   
seems need an SAR at 1644 from 1646......and then, the bangster will start pushing up the position.....

hk ab 06:42 GMT May 3, 2012
Kwun, GVI is heavily watched by the bangster.

Now, another magic at 1640 folllowed by 1637.

GVI Forex Blog 06:41 GMT May 3, 2012 Reply   
- (CN) CHINA APR NON-MANUFACTURING PMI: 56.1 V 58.0 PRIOR >- (NZ) NEW ZEALAND Q1 UNEMPLOYMENT RATE: 6.7% V 6.3%E (5-quarter high); EMPLOYMENT CHANGE Q/Q: 0.4% V 0.3%E; Y/Y: 0.9% V 0.9%E; PARTICIPATI

TradeTheNews.com Asian Market Update: China shares slump under banks, Aussie and

hk ab 06:23 GMT May 3, 2012 Reply   
Let's see if magic can be played again.....

Melbourne Qindex 06:08 GMT May 3, 2012
EURAUD
Entry: Target: Stop:

EUR/AUD : The bias is on the downside when the market is below 1.2783. A barrier is located at 1.2694 // 1.2716.


Qindex.com


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

EUR/AUD : Monthly Cycle Charts

Central Kwun 06:04 GMT May 3, 2012
ok, follow you and because of Raden's ask for short Gold at 1647. square position at 1647 now. this time, not just enough for mcdonald, can eat seafood too.

Syd 06:03 GMT May 3, 2012 Reply   
The latest European manufacturing purchasing managers’ reports were ugly. They offer a pretty clear signal to the European Central Bank that it will need to provide more monetary stimulus.

The problem is, Germany is reluctant for the ECB to do more. The only thing that might change this is if the German economy heads the way of the periphery.

Melbourne Qindex 06:01 GMT May 3, 2012 Reply   
EURAUD
Entry: Target: Stop:

EUR/AUD : Speculative selling pressure will increase again when the market downward trending momentum is strong enough to penetrate through the barrier at 1.2668 // 1.2733.


Qindex.com


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

EUR/AUD : Monthly Cycle Charts

Chen gret 05:58 GMT May 3, 2012
ab : give a gold call from which i can get solid profit :)

hk ab 05:55 GMT May 3, 2012 Reply   
Kwun,
Flat on gold now.

enough profit for Macdonalds.

Kaunas DP 05:20 GMT May 3, 2012 Reply   
Kaunas DP 17:51 GMT April 26, 2012
gold: Reply
Sell Gold
Entry: 1660 Target: 1600 Stop: 1700
////
exited with +10$ and change (+swaps)

GVI Forex Blog 04:49 GMT May 3, 2012 Reply   
The Dow (13268.57, -10.75, -0.08%) closed marginally lower yesterday,

Morning Briefing : 03-May-2012 -0444 GMT

hk ab 04:44 GMT May 3, 2012
may try to long again at the magic number 1646 again if seen. but not confirmed yet.

hk ab 04:43 GMT May 3, 2012 Reply   
close half short from 1650 at 1648.

prague viktor 04:41 GMT May 3, 2012 Reply   
Sell EURUSD
Entry: Target: Stop:

IMO the euro is SOB ,ther will be no Q3 and no need for it its just a way to keep us worry from selling the EURO

G/L G/T

Indonesia Solo Raden Mas 04:40 GMT May 3, 2012 Reply   
sell now gold at 1647 for target 1627 with stop 1679 and cut reverse when touch 1627 for tgt 1676 with stop 1619.


Raden Mas

Beijing Hu Flung Dung 04:37 GMT May 3, 2012
Kwun......it looks like you need another gold colonoscopy....so drop those immitation made in china gold underpants and it will only hurt a little bit ...at the beginning..

Indonesia Solo Raden Mas 04:26 GMT May 3, 2012
Central Kwun
I hope we will not missunderstanding.
My view is not be driven with my ego. if I see will down I will say will down, but if I see will up I will say will up with whatever the result will get loss or profit.
about 1678 is still valid to talk because that number is based from low 1622. The target 1678 will be deleted from my system when 1622 be broken. I assume buy position since 1622 for target 1678 still be hold till now. This is big wave we are talking with distance from 1622 till 1678 (prediction). But about 1627 is the subwave based on high 1670.50. So I can assume if I buy gold when 1627 be shown so the target profit can be set at 1678. I am talking now about wave from 1670.50 till 1627 (prediction). I can not say about number above 1678 or below 1622. The big principle is there are subwave in the more big wave. We must know in what wave we are talking now and plan to trade. I said keep sell to someone that have sold position since touched 1670. I look the building chart since touched 1670 have been passed to give target 1627 for next. Because of that I said keep sell. For example if someone still hold buy position now to hope about 1678, he/she can hold their buy and must give stop below 1622 and profit target must be taken just only if 1678 be touched. He/she able to plan entry buy position at 1627 for target 1678 with stop be placed below 1622 too to anticipate in carried with ego trading. Many people finnaly collapse caused of that.why ?. because no control tool in his/her trade. I got stop too in gbp/usd last night (be kissed by low 1.6160) but is no problem because I am walking in full control by my tool and 100 % follow with my plan with whatever will be. Isnt better walking on the extrapolation performance chart than walking on the current chart?. This is the key.
I am sorry if talking about this because I believe so many people here have knowledge and better system than me. They are true proffesional people.Hatts of them. What I said is just from the corner, and I just only said what I know and believe will make better to everyone. Because of that why we are here?. give positive input each other and always fee being student and not never feel as teacher.
OK. keep your good trade. today is BIG DAY and yours.

Raden Mas

Central Kwun 03:44 GMT May 3, 2012
Raden, you are now change to short on Gold? Where is your 1680 target? your view change so fast

Indonesia Solo Raden Mas 03:39 GMT May 3, 2012 Reply   


Raden Mas
keep sell

Indonesia Solo Raden Mas 03:37 GMT May 3, 2012 Reply   
1627 is the firts target.
keep sell

Central Kwun 02:52 GMT May 3, 2012
lucky, my gold was stopped at 1652

jkt adhi 02:50 GMT May 3, 2012
Gold
Entry: Target: 1645 Stop:

R 1653.50
S 1645.85
down target 1633 area

Melbourne Qindex 02:48 GMT May 3, 2012
EURGBP
Entry: Target: Stop:

EUR/GBP : It is likely that the market will test the supporting strength of the barrier at 0.8080 // 0.8095.


Qindex.com


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

EUR/GBP : Monthly Cycle Charts

hk ab 02:36 GMT May 3, 2012
Kwun, just SAR at 1650, too disappointed on last night performance.

As said, the bangster might have shot down Raden's helicopter. LOL

Central Kwun 02:31 GMT May 3, 2012
ab, how's was your Gold long at 1647?

hk ab 02:12 GMT May 3, 2012 Reply   
looks so tad now, Might be raden's helicopter was shot down.

SAR gold 1650 now short.

Syd 01:34 GMT May 3, 2012 Reply   
Data published by the China Federation of Logistics and Purchasing shows that the country’s non-manufacturing purchasing managers’ index dropped to 56.1 in April from 58.0 in March. The negative figure continued a series of indicators over the past few months that suggested a drop off in Chinese growth.

Syd 01:32 GMT May 3, 2012 Reply   

*(CN) CHINA APR NON-MANUFACTURING PMI: 56.1 V 58.0 PRIOR
- New orders m/m: v 46.1 prior


TradeTheNews.com

hk ab 01:17 GMT May 3, 2012 Reply   
anyone has data? Sid?

Lahore FM 00:15 GMT May 3, 2012
gret there is a china data risk due in 45 mins.if you are cautious type you need to see reaction off that release first!

Lahore FM 00:09 GMT May 3, 2012
yes gret but you must do due diligence yourself and define your risk parameters too..it was a better sell at 1.0335 some hours ago!