Forex Forum Archive for 01/12/2004

Indonesia Solo raden_masandi 23:54 GMT January 12, 2004 Reply   
good morning world !!
good morning my all friends here.
I hope you are in right way today. may...

Melbourne Qindex 23:50 GMT January 12, 2004 Reply   
USD/CAD : Current Comment . Register with [email protected] if you have no access to my page.

Melbourne Qindex 23:25 GMT January 12, 2004 Reply   
USD/JPY : Current Comment  . Register with [email protected] if you have no access to my page.

Thess/nk 2004 nk 23:19 GMT January 12, 2004 Reply   
Good Morning ab..

Zorro will be not huppy with ur profit on euro short..lol..but will buy much lower cos 13 is my Lucky day i think..


Going Bed..again..;)

nk

Melbourne Qindex 23:17 GMT January 12, 2004 Reply   
USD/CHF : Current Comment . Register with [email protected] if you have no access to my page.

Tasmania 23:16 GMT January 12, 2004 Reply   
BOJ talking to reporters in Basel says , Dollar weakness is concern shared by many nations, "policymakers from different nations recognize the worldwide imbalance (in the dollar) as a risk factor," he says, adding BOJ takes situation seriously too. Repeats Japan's economy recovering gradually, but hints BOJ will keep easy policy, saying deflation continues.
Nihon Keizai Shimbun

Deauville Izaak 23:15 GMT January 12, 2004 Reply   
Euro ready to buy.
Stop on a new low.
Have a nice one.

Melbourne Qindex 23:09 GMT January 12, 2004 Reply   
GBP/USD : Current Comment . Register with [email protected] if you have no access to my page.

hk ab 0.88 eur/gbp 23:07 GMT January 12, 2004 Reply   
Now just waiting to see the next big move on aud/nzd.

Tasmania 23:07 GMT January 12, 2004 Reply   

France says worried about euro rate, urges action
PARIS, Jan 12 (Reuters) - France voiced concern on Monday about the euro's rapid rise against the dollar and currency market instability, saying ways should be found to find more appropriate levels.

France says worried about euro rate, urges action

Trichet says Europe concerned at "brutal" FX moves


Well Played Syd.

Ldn MDB 23:05 GMT January 12, 2004 Reply   
Sydney 22.53 comments very much appreciated - it's these kind of comments from an experienced trader which have which have meaning - 4casters are grt to have, but I strongly believe that gut feeling from experienced traders weighs more at times like this & therefore it is grt that u hv shared it with the forum...my gut feeling tells me u will be right! cheers & good luck

hk ab 0.88 eur/gbp 23:03 GMT January 12, 2004 Reply   
Gd morning all

sq. eur short at 1.2742 here 103 pips.

feel better now after so many tough trades

Melbourne Qindex 23:00 GMT January 12, 2004 Reply   
AUD/USD : Current Comment . Register with [email protected] if you have no access to my page.

syd 22:53 GMT January 12, 2004 Reply   
as a medium term trader, i have held long AUD for over 2 years, despite all the forecasters and analysts telling me tops were forming at 62, then 65, then 68, then 70 etc all the way to the widespread calls at xmas when it was trading 74c.

today i have squared my position up, which was hard as fundamentally I believe in a higher aud and a lower usd, but I have a feeling a correction is coming in the next month..maybe because Trichet lasnt night talking about brutal moves, maybe with a big G& coming early Feb the market might pre empt something, maybe its the failure of the aud to really motor after that shocking payroll, maybe its just a gut feel.

funnily enough, having squared up, i feel more nervous than when actually holding the position, which is rare.

my strategy will be to sit tight and await the event outcomes of the next 3 weeks....fed meet, rba meet, G7. another us payroll, and then re-assess, hoping that it doesnt go stright up through 79/80 in the meantime.

I have also squared up smaller exposures to gbp, cad, nzd and eur.

Melbourne Qindex 22:52 GMT January 12, 2004 Reply   
EUR/USD : Current Comment . Register with [email protected] if you have no access to my page.

22:48 GMT January 12, 2004 Reply   
buy more cheap nzd here.....

.6814 will celebrate .7 later.

Tasmania 22:38 GMT January 12, 2004 Reply   
Livingston nh , you can only spend what you dont have for so long, and then you go bankrupt.

Livingston nh 22:34 GMT January 12, 2004 Reply   
Tasmania - it is when the Consumer Credit drops that the US runs into a recession - OZZies aren't savers either and RBA got it wrong - Saver economies vs consumer economies - BoJ should be paying higher rates cuz its a saver economy

Tasmania 22:31 GMT January 12, 2004 Reply   
Australia's 6 largest banks face challenges in maintaining strong financial performances as home lending, consumption likely to ease in 2004, says Fitch Ratings. Outlook reflects expected easing in housing demand; overheated market has fueled recent loan growth, other fee-based banking activity. Fitch says unlikely to lead to material loan losses, but could affect earnings growth
ABC.

Tasmania 22:29 GMT January 12, 2004 Reply   
Livingston nh Its high under any circumstances the RBA here raised rates for exactly that reason cheap money and it will come back and bite the in the bum. (the Fed)

Livingston nh 22:23 GMT January 12, 2004 Reply   
Tasmania - one more thing - I am still one of those folks who think the EUR is doomed as a currency

Livingston nh 22:21 GMT January 12, 2004 Reply   
Tasmania - just a nit pick - but consumer credit only is 1994.6 bio - its over 2 bio if you use unadjusted numbers but on that basis year 2003 looks to be under $80 bio total growth in line w/ last year but far less than the 120 bio plus of the prior three years

NO BIG DEAL - except it is slowing

Porto Azarento 22:14 GMT January 12, 2004 Reply   
buys eur/usd 1.2745
target intraday 1.2800

Melbourne Qindex 22:02 GMT January 12, 2004 Reply   
EUR/USD :During Asia session which is an overlapping period in my system 1.2818 // 1.2836 will serve as a barrier.

Melbourne Qindex 22:00 GMT January 12, 2004 Reply   
Melbourne Qindex 02:12 GMT January 11, 2004
EUR/USD : My 44-day cycle reference indicates that a projected resistant level is positioning at 1.2984 - 1.2989 and my 22-day reference suggests that 1.2561 - 1.2569 is a supporting level. On Monday the market has a tendency to trade between 1.2818 - 1.2889 initially. The upper barrier of my daily cycle is positioning at 1.2941 // 1.2959 and the lower barrier is expected at 1.2818 // 1.2836.


... 1.2818 // 1.2836, 1.2853, 1.2871, 1.2889 ... 1.2924, 1.2941 // 1.2959 ...

Melbourne Qindex 22:00 GMT January 12, 2004 Reply   
Melbourne Qindex 21:59 GMT January 12, 2004
EUR/GBP : Once the market can penetrate through the barrier at 0.6826 - 0.6871, the long term target at 0.6723 - 0.6746 will be challenged.

Tasmania 21:53 GMT January 12, 2004 Reply   
Consumer debt grows at alarming pace

LINK

Debt burden will intensify when interest rates rise
Feeling besieged by all those post-holiday credit card bills? Struggling to dig out from an avalanche of debt?

You are not alone.

According to the latest figures from the Federal Reserve, America's consumer debt has topped $2 trillion for the first time, continuing what debt experts view as an alarming surge in recent years To some, the nation's consumer debt, which dwarfs that of any other country, represents the kind of "bubble" that the stock market grew into during the 1990s.

It's a huge problem," warns Howard S. Dvorkin, president and founder of Consolidated Credit Counseling Services Inc., a nonprofit debt-management organization. "You cannot be the wealthiest country in the world and have all your countrymen be up to their neck in debt."

Miami OMIL 21:42 GMT January 12, 2004 Reply   
FWIW if eur/usd falls below 1.2690-80 then a deeper correction will be seen and the bottom could be tested IMHO. (/;->

Livingston nh 21:40 GMT January 12, 2004 Reply   
EUR/CHF/GBP -there has been no break of last week's modest pullback - just before Friday's bounce // the mark of an accelerating market is a rapid breakout of trends, bands etc. - be careful looking for a top here until there is this "irrational exuberance" - would look to crosses AUD/JPY or GBP/CAD

Porto PJT 21:32 GMT January 12, 2004 Reply   
250 ma is the line who have been hold downside last time on hourly, now is at 1,2655, looking to daily chart seams nothing have changed, higher higher and higher lows still in place, we have only the recent comments, comments that didnt have change the trend on yen why should work on euro?time will tell.

Miami OMIL 21:21 GMT January 12, 2004 Reply   
The story for the eur/usd is the same as $swiss ML it has hit a fib retracement and stochs are turning on the 1hr chart also kissing the bottom bollinger band. Fib retracement is 1.2772, 1.2732 and 1.2692. Support at the moment is 1.2690, 1.2650 with bottom at 1.2560. (/;-> GL GT

Texas(Jksn.) PNB 21:17 GMT January 12, 2004 Reply   
eur/usd levels i am watching...maybe shall help some here.
1.2723,1.2702>>1.2583
1.2702 goes,a big down coming up..IMHO!
Any comments by anyone welcome
TIA:-)

ICT ML 21:17 GMT January 12, 2004 Reply   
Also, $swiss....1.2300 should be a major resistance point if this latest trend is to hold, ultimate target is 1.2000, where a monthly channel bottom is waiting to bounce it back to 1.4000 maybe...who knows at this point. If 1.2300 gives, then an overshoot itarget is at 1.2400-1.2410 right now.

enjoy

ICT ML 21:05 GMT January 12, 2004 Reply   
fwiw...$swiss is paused @ hourly channel top, 1.2285 area. if staying with the trend, sell into it with a tight stop on other side of line.

USA Biscuit Boy 21:00 GMT January 12, 2004 Reply   
What is most interesting for me is the dollar showing signs of life against yen without massive intervention. When was the last time we saw that? I know the BOJ paid off a lot of exporters last week but still impressive nonetheless.

Chicago Irish 20:55 GMT January 12, 2004 Reply   
NF Canada:The term "Cable" is trader jargon for the Sterling/US Dollar exchange rate.The term originated because the rate was originally transmitted from Britain to the US via a transatlantic cable.

Rye, NY et 20:38 GMT January 12, 2004 Reply   
NF Canada FRG 20:07 GMT January 12, 2004

"Cable" stands for the GBP/USD exchange rate.
"Sterling"("STG") stands for the Bristish currency,
by itself. Hope this helps...................GL/GT

nyc tony 20:32 GMT January 12, 2004 Reply   
Ah the fruits of sweat equity. Long $/Cad showing signs of profitability again. Going to hold on for a while(although I might cut a few lots around 1.28 and reestablish). This market is pretty easy to sum up IMHO. If the dollar continues to gather momentum all will suffer vs Uncle Sam, no exceptions. The key level for the $ to advance is the daily trendline on the Eur/$ chart. all imvho and good luck to all

Porto PJT 20:22 GMT January 12, 2004 Reply   
Sorry the big post,
"The right moves for the wrong reasons.

To continue last week�s theme on the EUR/USD Strength, is this level justified?

You can never knock the market as the market is always right, but is it right for the wrong reason, more importantly are we being manipulated by a Bush Administration who is more worried about winning the next election than it is about its countries long term economics?

Mr. George �Dubya� Bush, the President, by default, of the most powerful nation in the world doesn�t want to lose his seat in a similar fashion as his Daddy in 1992. In fact it appears that his main aim in life, at least politically, is to outdo his father.

Daddy went to Iraq, and didn�t get Saddam, young Dubya did!
In doing this, he didn�t care about the cost; he didn�t care about the legality; he didn�t care about the opinion of most of the planet. All he cared about was doing something many Americans believed his father should have done!

Now he is looking for re-election, another thing his father failed to secure in �92.

Dubya knows that he will not deliver the tax cuts he promised when he stood for election, especially at is it now very obvious that the economic boost, expected following the end of the Iraqi war, has simply not appeared.
This leaves him with a political dilemma: How to win the manufacturing states, Ohio, Pennsylvania, etc? For Dubya there is only one way, create jobs.

Not being a too bright person, he has come up with schoolboy solution, Devaluation.

Allowing the devaluation of the dollar has been good for exports and bad for imports. Therefore, American companies will be taking on more employees to fill demands not only from overseas, but also from increased domestic demand. He hopes that the evidence of this increased demand starts to appear on the order books sooner, rather than later.

If that is not enough, he has finally decided to change the Immigration Laws, something he had to shelve due to 7/11.
This change, making immigration into the USA a lot easier, and offering amnesty to a large percentage of the estimated 8 million Illegal's currently living in the USA, May upset some far-right supporters. But with an estimated 50% of these immigrants being Hispanic, it is hoped that Bush will gain some valuable votes from the Hispanic sector.
It is also possible that because of these changes, relations with its Oil supplying neighbour, Mexico, could greatly improve; Mexico was against a US invasion of Iraqi.

Are these vote winning actions good the American economy?
If you look at the value of the dollar against other major currencies you would say no. But should the answer be, not yet?

In essence, Bush�s actions have exported his economic problems. The rest of the world has to now compete with cheaper American exports, and although Japanese and European central Bankers are claiming that they are not concerned about the current dollar weakness, they know only too well, that the US will not do anything right now to support the dollar and therefore, any necessary dollar support; and very soon it will be necessary to support the dollar, will need to be done with European and Japanese tax-payers money.

This leads me to believe, that although Bush appears to be throwing the economic �rule-book� out of the window and making decisions that are focused purely on him outdoing his father again, namely, getting re-elected, these decisions in the longer term could prove very beneficial to the American economy. More exports, more jobs, more tax dollars, and with a bit of luck, an improved Oil deal with Mexico. This is too bad in my book.

Compare this to Euro land.
We have to compete with American companies at this unfavourable exchange rate. Short-term players may insist that current figures are very positive and that the exchange rate is not hurting us.
My view is that, if it wasn�t, why is everyone talking about it.
It can surely only be a matter of time before we see solid evidence of exchange rate related damage to European business�s and economies.
We will see much stronger lobbyist and union activity coming from different parts of the feuding European Family � and this is without the present sibling rows over who gets the most pocket money or who gets the biggest say at the dinner table.
Moreover. What is it going top be like when this multi-cultural family adopts new members and the shares of the Euro-cake get smaller for everyone.

I cannot accept that the small bandages individual states are trying to apply to their damaged economies will do anything meaningful to ensure the long term sustainability of a Euro currency at the current levels.

Time will tell, but as a betting man, my money goes on the dollar over the next 6 months to 5 years, perhaps even longer.
Sure, you can possibly sell dollars as a speculation over the short term and make a few cents, but as a long-term hedger, I wouldn�t really worry about squeezing the last drops from this dollar weakness

Yes we could see 3 or 4 cents more on the upside in the Euro, but by the end of the year we will probably see it 20 cents lower.
From a trading point of view, the risk / reward ratio is greatly in favour of taking some action."

NF Canada FRG 20:07 GMT January 12, 2004 Reply   
Thanks, that makes sense.
I guess all I really need to know is that Cable stands for GBP.

Much appreciated!

FRG

Colo Chief1Oar 20:03 GMT January 12, 2004 Reply   
niagara falls FRG 19:52 GMT January 12, 2004

I was told it was because the information used to be relayed to the U.S. via the transatlantic cable, years ago....

Hope this helps...

Chief

niagara falls FRG 19:52 GMT January 12, 2004 Reply   
Hi, sorry to ask such a basic question, but can anyone tell me why the Pound is called Cable? It's driving me nuts!

Thanks in advance,

FRG

USA SellDollar 19:48 GMT January 12, 2004 Reply   
Consumer debt grows at alarming pace

http://www.msnbc.msn.com/Default.aspx?id=3939463&p1=0

Bandung Dewan 19:44 GMT January 12, 2004 Reply   
Ina- mr.co'z 14:48 GMT January 12, 2004
Ina- mr.co'z 13:29 GMT January 12, 2004
cable support at 1.8450 ...good luck !

now next support at 1.8430...gl..

and what about this?

Bandung Dewan 19:39 GMT January 12, 2004 Reply   
Ina- mr.co'z 13:29 GMT January 12, 2004
cable support at 1.8450 ...good luck !

hi all, what do u think about this previous massage?

beirut jb 19:34 GMT January 12, 2004 Reply   
Zurich bluecat 19:25 GMT

well i think u shouldnt coz we never know when they will intervene, today whne gbp breakout and clear 18520 we
meet a brutal selling off on 18545 wich is resistance offcorse

so u should stick to ur method and always put a stop asap,

thing I didnt make when went long gbp on 18520 break
and now i get a big hit on this trade

Thess/nk 2004 nk 19:33 GMT January 12, 2004 Reply   
Good Night!!

Buy $/chf...for 1.2628...1.2888...might work well!


If 98% are expecting 1.30 on Euro i would like to be the 2% this time..



nk

USA Biscuit Boy 19:29 GMT January 12, 2004 Reply   
Thanks for clearing up the intervention rumors. I thought they would at least wait til above 1.30 and I guess they are.

I am by no means a technician but this to me looks clearly like the correction pattern we had in euro from 1.1860ish to the 1.13's. Exact sma e setup. Just MO.

SouthUK DHE 19:28 GMT January 12, 2004 Reply   
cable 1.8450 support looks firm but potentially very risky to buy at - am I insane for thinking of buying?

Zurich bluecat 19:25 GMT January 12, 2004 Reply   
beirut jb 19:06 GMT

thank you - I will try to put that in perspective to eur/usd and usd/chf

beirut jb 19:06 GMT January 12, 2004 Reply   
Zurich bluecat 18:58 GMT

San Francisco, January 12: BOJ Governor
Fukui is using his visit to the BIS to add his two-cents over USD weakness.
Earlier this morning ahead of the NY open, he stated that he agreed that
currency tensions are a risk and that Forex is seen as a risk factor in relation
to global imbalance issues. In further comments reported on Reuters this
afternoon, he warns that the USD fall is too fast v. the EUR and the JPY. The
comments are not surprising given Japan"s stance on JPY. USD/JPY remains heavy
at 106.41.
A sign of bearish sentiment still dominating on USD/JPY was a poll released by
UBS earlier this morning. 35% of their investors polled through that the JPY
would post the most gains against the USD in Q1 compared to 26% who thought that
the EUR would rise most against the USD. 25% favored the Pound to rise the most
and 13% favor the CAD. --

Deauville Izaak 19:01 GMT January 12, 2004 Reply   
Same for me, bought at 1.2761 , target 1.2790 , no stop!

Gen dk 19:00 GMT January 12, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Tallinn viies 18:59 GMT January 12, 2004 Reply   
hi, guys
bought euros at 1,2760. target 1,2880/85. stop at 1,2694

Zurich bluecat 18:58 GMT January 12, 2004 Reply   
beirut jb

could you give details please

thank you

NYC NYC 18:58 GMT January 12, 2004 Reply   
ECB didn't intervene. Watch out spreading spurious rumors.

dc fxq 18:57 GMT January 12, 2004 Reply   
beirut jb 18:53 GMT

IFR has a tendency to see "intervention" in every reaction in the markets of late. Basically we've been getting a lot of "jawboning" from BoJ and EC types as well as CAD's Gooddale.

USA Biscuit Boy 18:55 GMT January 12, 2004 Reply   
Wow didn't hear that one! Did they name names???

beirut jb 18:53 GMT January 12, 2004 Reply   
USA Biscuit Boy 18:49 GMT

yes reported by thomson

USA Biscuit Boy 18:49 GMT January 12, 2004 Reply   
JB what do you mean by intervention in euro? Did you hear of confirmed official intervention????

Global-View 18:46 GMT January 12, 2004 Reply   
We have a Help Forum available for non-market discussions. Please leave the Forex Forum free for trading flow.

beirut jb 18:40 GMT January 12, 2004 Reply   
well with all these intervention I think euro holding well,

but wait n c is beter in these conditions,

will keep only cad positions

GL GT

USA Biscuit Boy 18:39 GMT January 12, 2004 Reply   
No margin requirement equals no regulation. Srat well clear of this one if you intend to trade a larger size.

Gen dk 18:02 GMT January 12, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Gen dk 17:59 GMT January 12, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Indonesia Solo raden_masandi 17:55 GMT January 12, 2004 Reply   
I must go home.
CU... thaks for today all from you.

Gen dk 17:51 GMT January 12, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Indonesia Solo raden_masandi 17:49 GMT January 12, 2004 Reply   
La saint3
after firststation at 1.8549 price give pullback. that's normal, but give sigan that 1.8572 will be meet

bdg zilfallon 17:47 GMT January 12, 2004 Reply   
Indonesia Solo raden_masandi

thx :) i saw cable comeback to it's track... still holding my long...

GL/GT

la saint3 17:44 GMT January 12, 2004 Reply   
raden ..
do you think this gbp will heading to 87 or will it try a big pullback to 83?

THanks

Indonesia Solo raden_masandi 17:41 GMT January 12, 2004 Reply   
bdg zillfallon,
www.fxstreet.com

bdg zilfallon 17:40 GMT January 12, 2004 Reply   
SA Jhb 17:36 GMT January 12, 2004

i've been looking all over and finally i got it.... thx for your help

GL/GT

SA Jhb 17:36 GMT January 12, 2004 Reply   
bdg zilfallon 17:30 GMT January 12, 2004
anyone know where i can found USD chart on the web ?


http://quotes.ino.com/chart/?s=NYBOT_DXY0

SA Jhb 17:35 GMT January 12, 2004 Reply   
Johannesburg cd 16:32 GMT January 12, 2004

Also, house in the western suburbs.
Mail to [email protected]

bdg zilfallon 17:30 GMT January 12, 2004 Reply   
anyone know where i can found USD chart on the web ?

GL/GT

slv sam 17:29 GMT January 12, 2004 Reply   
try pentagon :)

columbus re 17:25 GMT January 12, 2004 Reply   
is there any place in america where i can trade my iraqi dinar for usd?

bdg zilfallon 17:14 GMT January 12, 2004 Reply   
Indonesia Solo raden_masandi

damang... how bout you ? mr.james just got back from makassar and he told me alot of good thing there... great :)
wonder if someday all of panca's trader gathering together...

btw... nice posting you wrote...

Bandung Dewan : GBP still climb... alot of spike... but u know where it's gonna headed... so... hang on bro...

GL/GT

beijing road 17:09 GMT January 12, 2004 Reply   
NZD just made a new high?

la saint3 17:08 GMT January 12, 2004 Reply   
gbp still cant break 8520 .....
kinda dangerous ..

Bandung Dewan 17:05 GMT January 12, 2004 Reply   
zifallon, i'm sleepy.... what about gbp/usd?

bdg zilfallon 17:00 GMT January 12, 2004 Reply   
hallo dewan...

Bandung Dewan 16:46 GMT January 12, 2004 Reply   
hello ziffalon....

Indonesia Solo raden_masandi 16:38 GMT January 12, 2004 Reply   
toronto( Dr Unken Kat 16:34 GMT January 12, 2004
I look eur/usd still will up to get 1.2860 (first station) and then will get 1.2928-54 (pullback area).

)toronto( Dr Unken Kat 16:34 GMT January 12, 2004 Reply   
hi raden , where do u see euro going?tia

Zurich bluecat 16:33 GMT January 12, 2004 Reply   
usd/chf double top around 1.2250 ?

Johannesburg cd 16:32 GMT January 12, 2004 Reply   
SA Jhb

house in the western suburbs. you?

Indonesia Solo raden_masandi 16:32 GMT January 12, 2004 Reply   
bandung Zilfallon.
"kumaha euy damang?" (just say hello).

Indonesia Solo raden_masandi 16:31 GMT January 12, 2004 Reply   
Vilnius george 16:21 GMT January 12, 2004
please explain. I don't clear understand about that.
I draw the chart?

bdg zilfallon 16:25 GMT January 12, 2004 Reply   
any word from greenspan speech ?

Indonesia Solo raden_masandi 16:22 GMT January 12, 2004 Reply   
La saints.
your id name is good.
I use candle stick chart. I note they key of emotion with wide ranging bar.

Vilnius george 16:21 GMT January 12, 2004 Reply   
a saint3 16:15 GMT
Raden takes one page of paper draw a curve , and put this page on his monitor , if real time charts above to his picture he is buying ,and if etc.

SA Jhb 16:20 GMT January 12, 2004 Reply   
Johannesburg cd

Where do you trade from?

16:19 GMT January 12, 2004 Reply   
Good, my nzd longs have 33 pips.
Yahoo!

Gen dk 16:18 GMT January 12, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

beirut jb 16:16 GMT January 12, 2004 Reply   
zzzzzzzzzzzzzzz, should now give some action with london close

la saint3 16:15 GMT January 12, 2004 Reply   
Raden ...
What kind of charts are you using in this forex?

Indonesia Solo raden_masandi 16:03 GMT January 12, 2004 Reply   
La saint3.
In my system I have get buy signal to get 1.8572 again.
Hope sellers will be as winner.
I must say thanks for seller to get my buy. LOL

Indonesia Solo raden_masandi 15:59 GMT January 12, 2004 Reply   
Johannesburg cd,
LOL I only sleep well enough for 2-3 hours. many activity to me include my ritual especially in the night.

la saint3 15:58 GMT January 12, 2004 Reply   
raden...
the selling power is so strong ..
seems like it is hard for gbp to break 8520

beirut jb 15:57 GMT January 12, 2004 Reply   
well it's obvious that a big hand r selling and intervening on 12810, I prefere WNC on this pair

Indonesia Solo raden_masandi 15:52 GMT January 12, 2004 Reply   
mf mike,
about uncanny..I think not like that.
I inform you eur/usd will get 1.2860 again and gbp/usd will get 1.8572 again.
you can tka ethis opportunity

hk ab 0.88 eur/gbp 15:52 GMT January 12, 2004 Reply   
I shorted a bit earlier at 1.2845.

unfortunately, that 1.29 DIDN'T fill!

beirut jb 15:51 GMT January 12, 2004 Reply   
Cairo MDR 15:36 GMT

u r welcome

Vilnius george 15:50 GMT January 12, 2004 Reply   
nzd/usd 11 pips from new high allready. lol

Johannesburg cd 15:49 GMT January 12, 2004 Reply   
Raden don't you ever sleep??

Livingston nh 15:48 GMT January 12, 2004 Reply   
GBP/CAD - MACD turned up again on both hourly and daily this mornig - maybe a run back above 2.37 (from 2.3625)

beirut jb 15:45 GMT January 12, 2004 Reply   
well I think It's likely beter to be idiot here and dont short euro before the result of this 128 - 12810 ranging
short could be hurt if 12810 broken and especialy if 12825 does,
GL GT

Indonesia Solo raden_masandi 15:43 GMT January 12, 2004 Reply   
I am back.

beirut jb 15:36 GMT January 12, 2004 Reply   
big fight on 12810 level again,if broken and 12825 too we may have some sqweeeeeeze
too early to say since 12810 capped now

Cairo MDR 15:36 GMT January 12, 2004 Reply   
beirut jb
thank u

Thess/nk 2004 nk 15:35 GMT January 12, 2004 Reply   
hk ab 0.88 eur/gbp 15:16

Will be idiot not to try short Euro frome here i thought for short term..



nk

beirut jb 15:32 GMT January 12, 2004 Reply   
Cairo,

usualy third attempt should work otherwise ,euro drop should resume or at least range lower,
15 min candle just closed here and gbp gave reversal signal

euro not yet,

so we have here long gbp signal to be confirmed by breaking this 185 and 18520 again

euro likely to follow

GL GT

cork g 15:29 GMT January 12, 2004 Reply   
now eur/gbp is heading its way to 6900, if eur can hold, gbp will fly, IMO.

Cairo MDR 15:24 GMT January 12, 2004 Reply   
beirut jb
I have a question?
when do u know that a reversal attempt failed???
I mean ur theory behind that..

Bandung Dewan 15:23 GMT January 12, 2004 Reply   
Ina- mr.co'z 14:48 GMT January 12, 2004
Ina- mr.co'z 13:29 GMT January 12, 2004
cable support at 1.8450 ...good luck !

now next support at 1.8430...gl..

beirut jb 15:17 GMT January 12, 2004 Reply   
FWIW eur and gbp second attempt to reverse failed too

15 min didnt give a reversal signal last candle
too close but failed

hk ab 0.88 eur/gbp 15:16 GMT January 12, 2004 Reply   
nk, didn't you say you want to have a break?

Can't resist the tempt to join again?

Welcome.....

GL and GT as always.

Gen dk 15:11 GMT January 12, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

beirut jb 15:08 GMT January 12, 2004 Reply   
good chance to revrse here, euro should clear now 12825 resistance

beirut jb 15:04 GMT January 12, 2004 Reply   
FWIW eur and gbp reversal second attempt here, current 15 min candle need to close above 12805 and 12487

GL GT

Stockholm za 14:57 GMT January 12, 2004 Reply   

Monday drama :-
[ Time decay + p-value = stability ]
fwiw....Happy trades.....

Oakland Daimyo 14:51 GMT January 12, 2004 Reply   
FWIW-- 1.2780 was a buy trigger on 1/9. This level must hold if upside retest of 1.29 is to be tried again. Hearing about Spainish bank on the bids

Tel Aviv 14:49 GMT January 12, 2004 Reply   
Hi,
can Any one tell me how can I find more info about zero coupon yield coupon by real forex ??????

10x

Tel Aviv 14:49 GMT January 12, 2004 Reply   
Hi,
can Any one tell me how can I find more info about zero coupon yield coupon by real forex ??????

10x

Ina- mr.co'z 14:48 GMT January 12, 2004 Reply   
Ina- mr.co'z 13:29 GMT January 12, 2004
cable support at 1.8450 ...good luck !

now next support at 1.8430...gl..

beirut jb 14:48 GMT January 12, 2004 Reply   
long euro,gbp and cad r here low risk,

it's good for scalp certaineley, would reverse and test hi may be

GL GT

Indonesia Solo raden_masandi 14:46 GMT January 12, 2004 Reply   
pick up my friend.
brb

Los Angeles bernie 14:45 GMT January 12, 2004 Reply   
Raden:
Terrific call on the Euro.

USA Biscuit Boy 14:44 GMT January 12, 2004 Reply   
Hi Raden. Missed all the action in Europe but still feel your call of sell euros a very good one. This was exactly the same setup as the previous euro correction. GL and GT all :)

Miami OMIL 14:42 GMT January 12, 2004 Reply   
Farmacia aussie has potential to give you more but it is a retracement. If .7720 holds it looks good for a buy there IMHO. (/;->

Cairo MDR 14:40 GMT January 12, 2004 Reply   
Next target 2730

SA Bok 14:37 GMT January 12, 2004 Reply   
EURUSD - Hourlies look pretty bearish for now , will only buy a break above 1.2830 again ... GL all

Gen dk 14:36 GMT January 12, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Oakland Daimyo 14:36 GMT January 12, 2004 Reply   
ISLE of Wright DHE I watch 4 hr candles but I use fractal/fibo combinations, trendlines & cyclic ma's to determine direction, also I use OBV & Demand Index for measuring buy/sell pressure (early warnings w/ price to volume divergence). Last but not least I fine tune w/ Point & figure intraday buy/sell triggers. GL & GT

sf mike 14:35 GMT January 12, 2004 Reply   
Raden, you calls are really uncanny. However your timeframe is very short. Do you have a longer term view?

Cairo MDR 14:32 GMT January 12, 2004 Reply   
potential support levels:
2820 already broken
2770
2730
2770-690

Miami OMIL 14:31 GMT January 12, 2004 Reply   
ML I agree with your call on cable looks like BOD is still the way to go. If 1.8400-1.8395 is taken out then a deeper correction to 1.8375 and 1.8300 are on the table then. Fibo retracement on the move made Friday is 1.8400, 1.8345 and 1.8290 IMHO. (/;-> GL GT

melbourne farmacia 14:30 GMT January 12, 2004 Reply   
OMIL - agree re aussie. I'm only pip picking this for 0.7737.

beirut jb 14:29 GMT January 12, 2004 Reply   
if any pop for euro it should be imminent now,
this OS intraday condition should give some bounce

otherwise very bearish

GL

Isle of Wight DHE 14:24 GMT January 12, 2004 Reply   
hi Oakland Daimyo 13:37 GMT January 12, 2004

your earlier mention of the euro$ - are you looking at the 4 hour charts to get your initial 1.2750-59 level (ignoring the retracement on the 8th)? thanks

beirut jb 14:17 GMT January 12, 2004 Reply   
euro need to break 12825 ,old hourly support now resistance

to retest the hi

FWIW

Miami OMIL 14:14 GMT January 12, 2004 Reply   
Farmacia the Aussie trade looks good for at least 50 to 60 pips if it takes the .7740-50 out IMHO. (/;-> GT

Indonesia Solo raden_masandi 14:14 GMT January 12, 2004 Reply   
I still do my best to help you.
eur/usd I think not difficult to get 1.2860 again.
gbp/usd finally get 1.8475 and seen will up to get 1.8535 area again.

Thess/nk nk 14:13 GMT January 12, 2004 Reply   
Good Evening..

Might Euro will dip sooner than was expected..

USD/CHF is a Buy..on any Dips..


GL..GT


nk

Gen dk 14:13 GMT January 12, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

ICT ML 14:03 GMT January 12, 2004 Reply   
fwiw, cable pattern broken, failed when it pulled back below previous breakout point @ 1.8490. So now look for your next support area as a short target or a BOD opportunity IMHO...think I have 1.8435 area on my charts.........

melbourne farmacia 13:58 GMT January 12, 2004 Reply   
OMIL - LOL... Don't see much in the way at 1.8600 at this stage. I feel cable's just working her way back down around 1.8450 ish, and as you noted before about B band etc.. Just like the last few days - top channel hit and retraces again. GT

And fwiw - sold some Aussie at 0.7785 .

slv sam 13:57 GMT January 12, 2004 Reply   
buying e/$ big time!GT

Indonesia Solo raden_masandi 13:56 GMT January 12, 2004 Reply   
I think good confirmation for up for gbp/usd if maximal 5 minutes stay here at arround 1.8505. be carefull with 30 minutes after 5 minutes from now. safety exit is at 1.8581
I think too for eur/usd will not difficult to get 1.2860 again.

Oakland Daimyo 13:46 GMT January 12, 2004 Reply   
Please note I am not a Dollar bull nor a Euro bear only calling it as I see it for the time being. I believe buying dips is still the preferred strategy until such time as ECB is forced to step in. Not looking for this any time soon. Not taking counter-trend trades as pullbacks have been very shallow. Just sending a warning out to specs with tight stops. Stop hunt may begin anytime now. Weak hands must be cleared out befor resumption of uptrend.

Miami OMIL 13:38 GMT January 12, 2004 Reply   
Farmacia if they don�t do their homework they won�t get the cookies. Any ideas on how strong you see the 1.8600 line on cable for today Farmacia. (/;-> tia

Indonesia Solo raden_masandi 13:38 GMT January 12, 2004 Reply   
eur/usd when at 1.2810.
ussualy if like that (after touch 1.2800) price will move high again.
be carefull. maybe will be strong.

Oakland Daimyo 13:37 GMT January 12, 2004 Reply   
Good sized supply appears to be coming into the EUR/USD market. Distribution on the part of large operators appears to be the motive. Move under 1.2810/1.2800 will open up mkt to retracement into 1.2759/1.2750. Possibly more to 1.2705/1.2697. Looking for buyers to reload longs around 1.2680/1.2676 for next test higher

Also,Please note: shanghai bc 01:50 GMT December 23, 2003
shanghai bc 10:34 GMT December 30, 2003

Finally, keep this in mind for the short term:
EUR/USD] slipping all the way back to 1.2850 currently as a US inv house and UK name joining the selling, initiated by two European names at the 1.2899 peak. Some talk of option based selling at the highs has done the rounds, though past KO chat has not created much of a barrier to gains. It is possible some continued CB interest has been spotted at the top, with this prompting the pre NY open slide. Bids seen 1.2830-50 currently. censored/MMS

Indonesia Solo raden_masandi 13:33 GMT January 12, 2004 Reply   
seen gbp/usd have no more time again stay here at 1.8485
usually move up fast.

melbourne farmacia 13:30 GMT January 12, 2004 Reply   
Maybe you guy's learn about TA first before following forum calls.... just an idea.

Indonesia RV 13:29 GMT January 12, 2004 Reply   
euro is doommed.join the dollar train next stop 1.25

Ina- mr.co'z 13:29 GMT January 12, 2004 Reply   
cable support at 1.8450 ...good luck !

Indonesia Solo raden_masandi 13:29 GMT January 12, 2004 Reply   
jakarta Onk.
price will get 1.8475 and frome there is potential up again

HK EL 13:28 GMT January 12, 2004 Reply   
raden think your deep pullback view finally visionised

Jakarta Onk 13:26 GMT January 12, 2004 Reply   
Raden,
Stops is done, what now?
thanks

Gen dk 13:24 GMT January 12, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Indonesia Solo raden_masandi 13:23 GMT January 12, 2004 Reply   
I think swing gbp/usd at 1.8509 was finished.
now is good for buy. will do.

SA getFX 13:21 GMT January 12, 2004 Reply   
Cairo MDR - I believe that comment was made at end of BIS Basel meeting (today?).

Eilat Dolphin 13:18 GMT January 12, 2004 Reply   
Trichet word "nor appropriate" is sufficient a warning. For me at least to switch to hourlies on the next "minutes" plateau.

Indonesia Solo raden_masandi 13:09 GMT January 12, 2004 Reply   
you can buy gbp/usd now at 1.8516 with stp 1.8500 to get 1.8593
also euro, you can buy now to get 1.2928-57 with stp at 1.2780

Cairo MDR 13:08 GMT January 12, 2004 Reply   
SA getFX
do u know when will the g10 be held?
TIA

Nassau QF 13:06 GMT January 12, 2004 Reply   
1.8530 after the drop from 1.8575

SA getFX 13:05 GMT January 12, 2004 Reply   
BASEL (AFX) - Sharp moves in the value of the dollar are neither welcome nor appropriate, and there is a very large degree of convergence among G10 central bankers concerning the global currency situation, said European Central Bank president Jean-Claude Trichet. _ [email protected]

cork g 13:05 GMT January 12, 2004 Reply   
Nassau QF 13:03 GMT January 12, 2004 ,

where did you buy it, and the stop where?

HK EL 13:03 GMT January 12, 2004 Reply   
deep pullback?

Nassau QF 13:03 GMT January 12, 2004 Reply   
That wasn't the Euro that dragged cable down.
That was me.
I thought GBP/USD was heading back up so I bought it :(

Indonesia Solo raden_masandi 13:02 GMT January 12, 2004 Reply   
Dhahran maz 12:52 GMT January 12, 2004
you can ask to Mr. jay in gv maybe can help you.
I hope Mr jay can help you forum member to get my e-mail. he need be helped. thanks before.

HK EL 13:00 GMT January 12, 2004 Reply   
will 1.8508 will be tested?

cork g 12:54 GMT January 12, 2004 Reply   
I think it's euro that drag the cable down, notice eur/gbp get new low with the down of eur rapidly.

Dhahran maz 12:52 GMT January 12, 2004 Reply   
raden_masandi
Thank you
Good luck

Indonesia Solo raden_masandi 12:49 GMT January 12, 2004 Reply   

seen will get 1.8555 soon and you can hope to get new high at 1.8592. to build the historical must be step by step, like building.

Miami OMIL 12:48 GMT January 12, 2004 Reply   
GVI john 12:36 GMT January 12, 2004

Thanks for sharing your information it will be interesting to see where ECB might strike and their strategy on intervention. (/;->

Cairo MDR 12:45 GMT January 12, 2004 Reply   
I think imho that euro is more likely to find support "@ 2820 and 2770 maximum before heading north towards 2940

Dhahran maz 12:45 GMT January 12, 2004 Reply   
raden_masandi
I'm sorry for mistyping your name

Indonesia Solo raden_masandi 12:45 GMT January 12, 2004 Reply   
cork g 12:23 GMT January 12, 2004
I still learn about that.

Now seen most of players emotion are draw.

Dhahran maz 12:44 GMT January 12, 2004 Reply   
Raden_Solo is there a way to contact you;if u don't mind?

GVI john 12:36 GMT January 12, 2004 Reply   
This report serves as the basis for discussions twice daily on GVI. These comments are the personal opinions of the author and may not be suitable for trading purposes. For information on how you can access GVI, contact [email protected]
STRATEGY SESSION --New York Open
Opening Levels:
eur/$ 1.2870�$/yen 106.55
DJIA +18 pts� 10-yr 4.10%, +2 bp
PERSONAL OPINIONS:
For a broad range of opening levels click on GVI�s �Market Snapshot�:
CLICK HERE
There is a tendency intellectually for analysts to look for turning points rather than to make the same �boring� projection that the existing patterns will continue. However, for the moment it appears that key financial officials are not overly perturbed about the level of the dollar. In the wake of the disappointing December U.S. employment figures, I see no reason for the administration to do anything about the dollar�s weakness. Furthermore, they are going to want it to fall quickly. Their main focus is the reelection of Bush, and that process is already in high gear. If they are going to have any impact on the economy before the elections, they must allow for a long lead time.

We are not certain that the ECB is fully on board with an extension of the weak dollar scenario. Check out this exchange from last Thursday�s ECB press conference. In this case the printed word is superior to listening to it live (bold type our emphasis):

Question: Mr President, I suppose you would not like to comment on the level of the exchange rate of the euro to the dollar, but perhaps you could tell us whether you have any concerns about the dynamics of the movement of the exchange rates. Are there any particular risks arising from these?

Trichet: I will only say that, like all central banks, we have a stake in financial stability. By this I mean stability in general, and it is clear that we do not particularly like excessive volatility or excessive turbulence .

Question: When you say that you do not like excessive volatility in the exchange rate, does that apply to the recent shifts you have seen in the euro? And my second question is, in your opinion, to what extent is the euro's recent appreciation a result of a refusal of some central banks, perhaps in Asia, to respond to the preferences of the Dubai statement on exchange rates?

Trichet: Well, I shall let you judge whether I am addressing recent events or less recent events when I say that we do not like excessive volatility on the exchange markets.

Question: Do you consider the fact that the euro is beating a new appreciation record, every other day a sharp movement and, if so, are you satisfied with this?

Trichet: As I have said, we have a stake in financial stability and in stability in general and we have no particular preference for excessive volatility or excessive turbulence .

My point simply is that Trichet has opened the door wide to forex intervention if the ECB encounters �excessive volatility or excessive turbulence� in the forex markets. Don�t be surprised to see forex intervention from the ECB if the dollar�s slide starts to accelerate. Trichet has warned us. In my opinion they will try forex intervention first before taking the major step of lowering interest rates. Also keep your ears open now for these words: �excessive volatility� or �excessive turbulence�. And yes, I feel there is a risk of surprise ECB intervention at any time.

There is no doubt where Tokyo stands on the dollar. The size of their recent intervention has been without historical precedent.
CALENDAR:
MONDAY, JANUARY 12, 2004
13:30 GMT- CDA- November Building Permits
13:30 GMT- CDA- November New Housing Price Index
TUESDAY, JANUARY 13, 2004
23:50 GMT- JPN- Money Supply (M2+CD�s), vs. +1.6% y/y
23:50 GMT- JPN- December Bank Lending
07:00 GMT- GER- Dec final CPI (date approx): vs. prelim +0.8%, +1.1% y/y
07:45 GMT- FRA- Dec preliminary CPI: vs. +0.1%, +2.3% y/y
07:50 GMT- FRA- Nov Manufacturing Output: vs. +1.0% in Oct
09:30 GMT- UK- Nov Industrial Output: vs. +1.0% in Oct
09:30 GMT- UK- Nov Manufacturing Output: vs. +1.0% in Oct
13:30 GMT- US- Dec export and Import Prices
WEDNESDAY, JANUARY 14, 2004
23:50 GMT- JPN- November Trade, (vs. +1.269 tln)
00:30 GMT- AUS- December Consumer Sentiment (vs. -2.1%)
09:30 GMT- UK- Dec Unemployment: vs. -7,900 in Nov
13:30 GMT- CDA- November Trade Balance (vs. +C$5.1 bln)
12:00 GMT- US- MBA Refinancing Index
13:30 GMT: US- Dec PPI: vs. -0.3%, -0.1% ex-F&E, see +0.2%, +0.1%
13:30 GMT: US- Nov Trade deficit: vs. $41.8 bln in Oct, see $42.0 bln
14:30 GMT- US- API/DOE Weekly Energy Inventories
19:00 GMT- US- Fed�s Beige Book
THURSDAY JANUARY 15, 2004
23:50 GMT- JPN- December Corporate Goods Price Index (vs. -0.5% y/y)
23:50 GMT- JPN- Preliminary Portfolio Data
00:30 GMT- AUS- December Employment
00:30 GMT- AUS- Monthly Reserve Bank Bulletin
05:00 GMT- JPN- December Machinery Orders (vs. +17.4%)
08:00 GER- 2003 GDP
13:30 GMT- CDA- November New Motor Vehicle Sales (vs. -2.3%)
13:30 GMT- US- Weekly Jobless Claims
13:30 GMT- US- Dec CPI: vs. -0.2%, -0.1% ex-F&E, see +0.2%, +0.1%
13:30 GMT- US- Dec Retail Sales: vs. +0.9%, +0.4% ex-autos, see +0.5%, +0.4%
13:30 GMT- US- Jan Empire State Manufacturing Index: vs. 37.4 in Dec
17:00 GMT- US- Jan Philadelphia Fed Survey: vs. 32.1 in Dec
FRIDAY, JANUARY 16, 2004
04:30 GMT- JPN- November Industrial Production (revised) vs. +1.0% m/m)
07:00 GMT- GER- Dec Producer Prices (date approx): vs. 0.0% in Nov

Miami OMIL 12:33 GMT January 12, 2004 Reply   
Good call Raden. FWIW on gbp/usd expect some trouble getting through 1.8580-1.8600. Stochs on 1hr charts are still turning down and touching the upper bollinger band IMHO. (/;->

Indonesia Solo raden_masandi 12:27 GMT January 12, 2004 Reply   
better exit your buy gbp/usd now at 1.8570. not good for hold, for buy..better wait for confirmation
aboout youreur/usd buy better exit here at 1.2873 and usd/chf exit too at 1.2156.
better wait for confirmation again.

ny 12:25 GMT January 12, 2004 Reply   
fibos

cork g 12:23 GMT January 12, 2004 Reply   
Indonesia Solo raden_masandi,

beautiful call!
could you share with us what principles are you based on to caculate the target point and reverse point?
thanks!

Indonesia Solo raden_masandi 12:22 GMT January 12, 2004 Reply   
nyc tired of you 12:15 GMT January 12, 2004
don't worry..
I never tired to look chart. chart is my blood. LOL
I am in " chart shakau" now. LOL

don't worry.. my "chasper" angried me.
LOL.....just a joke.

Indonesia Solo raden_masandi 12:18 GMT January 12, 2004 Reply   
about gbp/usd seen will make minimum at 1.8582 or higher base on arround 1.8508

nyc tired of you 12:15 GMT January 12, 2004 Reply   
Indonesia Solo raden_masandi 12:09 GMT

Enough already!

Indonesia Solo raden_masandi 12:09 GMT January 12, 2004 Reply   
raden_masandi: be carefull you can buy usd/chf at 1/1923 for big rebound
raden_masandi: buy there with stp at 1.1900

price still will get this number : 1.1923

Indonesia Solo raden_masandi 12:03 GMT January 12, 2004 Reply   
usd/chf when at 1.2176
sell here to get safe exit at 1.2125 with stp at 1.2215.
price will go to below 1.2120

Melbourne Qindex 11:53 GMT January 12, 2004 Reply   
Melbourne Qindex 08:30 GMT January 11, 2004
GBP/USD : The trading reference of my 3-month projection profile is as follow :-

... // 1.8077* - 1.8235 - 1.8393* - 1.8552 - 1.8710* // ...

On Monday the market has a tendency to trade between 1.8399 - 1.8492 initially. The lower barrier is expected at 1.8399 // 1.8430 and the upper brrier is located at 1.8586 // 1.8617.


... 1.8337 ... 1.8399 // 1.8430, 1.8461, 1.8492, 1.8524 ... 1.8586 // 1.8617 ...

Indonesia Solo raden_masandi 11:48 GMT January 12, 2004 Reply   
I think eur/usd after near 1.2841 and gbp/usd after near 1.8508 will up together from there.

Dhahran maz 11:45 GMT January 12, 2004 Reply   
For inter day tarder; what should be the time scale and period?

van Gecko 11:41 GMT January 12, 2004 Reply   
or one can KISS good pips good bye by thinking they can bet on her Majesty to stop on a dime with piker sized stops..

st. pete islander 11:35 GMT January 12, 2004 Reply   
Not to be confused with KISS!

Indonesia Solo raden_masandi 11:34 GMT January 12, 2004 Reply   
gbp/usd.
don't forget to cut reverse at 1.8508 to get 1.8545 (safe exit) with stp at 1.8500 bid.
price will get buying emotion after touch 1.8508

van Gecko 11:32 GMT January 12, 2004 Reply   
Kick In The A$$

jkt-aye 11:31 GMT January 12, 2004 Reply   
Gecko ... what's KITA swings ? Thanks for help. Good trades

Tasmania 11:23 GMT January 12, 2004 Reply   
AP..French Prime Minister Jean-Pierre Raffarin Monday put pressure on the European Central Bank to stabilize the euro-dollar exchange rate at a level more in line with the economic situation on both sides of the Atlantic.
"I'm calling for Europe's (monetary) authorities to strongly remember that currency instability is neither in the interest of Europe nor in that of the U.S.," Raffarin said at a press conference.
"We must find ways of ensuring exchange rates which are more compatible with the economic situation," Raffarin added.
"I'm preoccupied by the instability of exchange rates, notably of the euro against the dollar."

van Gecko 11:23 GMT January 12, 2004 Reply   
fwiw..gbp/usd is now encroaching on its annual 'January Drop/February Flop' time window.. the eccentric old fella has a habit of doing the unexpected at times.. beware of sudden & vicious KITA swings..
cheerios

Dhahran maz 11:21 GMT January 12, 2004 Reply   
I thought MACD give a signal that GBP/USD will go higher !!!

Dhahran maz 11:19 GMT January 12, 2004 Reply   
How will support/resistance levels help?

Indonesia Solo raden_masandi 11:16 GMT January 12, 2004 Reply   
behavior of price like gbp/usd up from 1.8525 is normal.
that's give me information rain will fall. I will meet you at 1.8508?

Ga Lee 11:16 GMT January 12, 2004 Reply   
NYC YIPPEE 11:07 GMT January 12, 2004
thank you for your time and the update yippee...

Miami OMIL 11:09 GMT January 12, 2004 Reply   
J.B. thank you for the kind words my figures are an estimate and I could be off a bit. I gave up on guessing where the correction on the dollar will happen. I will just go with the trend until the time comes to change. The bigger picture shows dollar decline is still strong on all majors with a correction overdue that is the trend that must be followed for now IMHO. (/;->

Indonesia Solo raden_masandi 11:08 GMT January 12, 2004 Reply   
gbp/usd.
although move up because reaction from level 1.8525 price have given sign to get 1.8508. now is the highest level to go there.
you can sell with stp at 1.8558 bid only to get 1.8508 bid

NYC YIPPEE 11:07 GMT January 12, 2004 Reply   
These are now done fwiw

NYC YIPPEE 19:14 GMT January 9, 2004
GEP Several GBPUSD fixing orders to go through market on Monday. I sense 1.8550 before 1.8350.

(Which is against my book FWIW).

Indonesia Solo raden_masandi 11:03 GMT January 12, 2004 Reply   
gbp/usd
given signal to get 1.8508
wait at 1.8541 for sell again to get 1.8508
raden_masandi: stp at 1.8558

GER ad 11:01 GMT January 12, 2004 Reply   

Madras 10:55
You know the market bubble got busted when "even babies can make a fortune buying stocks..."
GT to you.

Tasmania 11:00 GMT January 12, 2004 Reply   
French PM - need ways to deal with FX instability
Monday January 12, 5:44 am ET


PARIS, Jan 12 (Reuters) - French Prime Minister Jean-Pierre Raffarin said on Monday he was worried about currency instability, and said ways should be found to find a more appropriate exchange rate.
He said the euro-dollar exchange rate was particularly worrying and that instability was neither in the interests of Europe nor the United States.

"I want to tell you of my concern, my concern over the current instability of the exchange rates, notably between the dollar and the euro," he told reporters

Madras 10:55 GMT January 12, 2004 Reply   
yes, even babies can make a fortune buying euro in this market.

Manama MT 10:54 GMT January 12, 2004 Reply   
Hello Guys,
Some say, Euro might hit 1.35 within a month. Any of you believe this would happen ?

Dhahran maz 10:54 GMT January 12, 2004 Reply   
Porto PJT thank you very much I'll try to understand that.
You are a helpful

U.K. J.B. 10:54 GMT January 12, 2004 Reply   
Miami OMIL

Very well put. My fund has to take top priority over writing on the forum i think you agree. As for your levels similar to mine which puts res. in stg around the 1.8575 area and dolls/chf 1.2115 areas which i think will be difficult to break today/this week.

Dhahran maz 10:52 GMT January 12, 2004 Reply   
Indonesia Solo raden_masandi
Thank you very much for ur time;wish to get more from you. You are a very kind

Porto PJT 10:49 GMT January 12, 2004 Reply   
Consecutive higher highs, and higher lows, on euro, aud and gbp show a nice uptrend.Look euro , aud and gbp trends and look for range market on eur chf, daily chart, for example.

Indonesia Solo raden_masandi 10:49 GMT January 12, 2004 Reply   
about eur/usd
raden_masandi: please plan buy at 1.2841 and 1.2800 with stp at 1.2763. target is at 1.2957

about to know the trend..that's depend on your time frame.
you can use the wide ranging bar to detect the trend.

GER ad 10:48 GMT January 12, 2004 Reply   
EUR/USD, GBP/USD

Out at 1.2876 and 1.8538

Geneva 10:46 GMT January 12, 2004 Reply   
We are in a political game, its a dollar devaluation and very
aggressive. nobody really know where it will stop. Play the trende. The pull back will be very bloody!!!. Its a war USA against Europe. The loser will be........

ikabod_25 10:45 GMT January 12, 2004 Reply   
i feel that eurusd minimum climb must be at least 1.3148.

Dhahran maz 10:43 GMT January 12, 2004 Reply   
How may I know the trend?

Indonesia Solo raden_masandi 10:41 GMT January 12, 2004 Reply   
raden_masandi: buy at 1.8525 for target 1.8550 with stp at 18520 bid and buy again at 1.8508 to get 1.8545 with stp at 1.8502
raden_masandi: but please do strickly

ikabod_25 10:40 GMT January 12, 2004 Reply   
i really believe that swissy has a lot of potential to hit 1.1500 very fast you wouldnt notice its there in a matter of time ( two weeks the most).

Miami OMIL 10:37 GMT January 12, 2004 Reply   
The forum is for people to share their ideas with others around the world. I appreciate their time and effort by sharing their knowledge with the rest of us but every one has to plan their work and work their plan on their own. Nothing in this life is for free. On the eur/usd front we have stochs in overbought territory and turning down also prices are touching the upper bollinger bands and chances are for a retracement. I have resistance right now at 1.2900, 1.2920 and 1.2940. Fib retracement from last phase is 1.2838, 1.2813 and 1.2789. Support at the moment is 1.2760, 1.2700 and 1.2670-60 IMHO. (/;-> GL GT

Indonesia Solo raden_masandi 10:35 GMT January 12, 2004 Reply   
ok. for short trem trade. gbp/usd you can sell here with stp at 1.8561 bid for target 1.8525

ikabod_25 10:35 GMT January 12, 2004 Reply   
IKABOD_25 11:14 GMT January 7, 2004
long cable just now at 1.8158 stp 1.8091 t/p 1.87.

B.A. BOCA 10:35 GMT January 12, 2004 Reply   
good day all....just back from some wonderfull long holidays to find the trend is indeed your friend. still holding some sterling (since they hiked rates way back when), and happy to hold longer. obvious targets now are 1.32 for EUR and 2.00 for her majesty. this would imply further eurgbp weakness. as for dolyen...that is one stubborn bastard!

now in 'sponge' mode, trying to get back into the swing of things. GL all...

ps. davids to barca? no....

10:33 GMT January 12, 2004 Reply   
USDCHF next month over 1.26

ikabod_25 10:31 GMT January 12, 2004 Reply   

pity my yenny got touched very irritatingly close and dipped again well u cant win them all anyway 1.8158, 1.8310 and 1,8365 gbpusd still there with a new stp all together at 1.8483.

Indonesia Solo raden_masandi 10:30 GMT January 12, 2004 Reply   
Dhahran maz 10:25 GMT January 12, 2004
because seen emotion have start dominated minimum for taking profit action.

Tasmania 10:28 GMT January 12, 2004 Reply   
new york ys there the same lot that predicted .45c aud and Euro 70 back only two years ago - out they come , out of the woodwork

Madras KR 10:26 GMT January 12, 2004 Reply   
new york ys 10:22 GMT. Looking at weekly charts, EUR may retrace from 1.3060 levels, I think.GL.

Madras KR 10:25 GMT January 12, 2004 Reply   
new york ys 10:22 GMT. Looking at weekly charts, EUR may retrace from 1.3060 levels, I think.GL.

Dhahran maz 10:25 GMT January 12, 2004 Reply   
How may I know;dear Raden?I mean how may I know that it's going down?

new york ys 10:22 GMT January 12, 2004 Reply   
Analyst on Bloomberg UK predicting 1.60 for Euro$

Indonesia Solo raden_masandi 10:21 GMT January 12, 2004 Reply   
ok gbp./usd when at 1.8546.
you can sell here again to get 1.8525. it's tim eto go down.

Bandung Jacky 10:19 GMT January 12, 2004 Reply   
How about CHF next month???

Nassau QF 10:17 GMT January 12, 2004 Reply   
Gold above $428.
Wonder if it will fall back?

. 10:15 GMT January 12, 2004 Reply   
nzd .6750 next

Dhahran maz 10:13 GMT January 12, 2004 Reply   
Thank you Raden
I'll follow u

Indonesia Solo raden_masandi 10:09 GMT January 12, 2004 Reply   
okay.. I will do my best to guide you in trade.
gbp/usd will get 1.8525.

Indonesia Solo raden_masandi 10:08 GMT January 12, 2004 Reply   
UK JB.
okay. seem you are bussy always.
I am bussy too help in my friend here too. no have time to discusse about that. you and me never know each other. I never know about your track record and I don't want to know.
I believe with you.Thanks master.

Dhahran maz 10:08 GMT January 12, 2004 Reply   
Porto PJT Thanks

Porto PJT 10:07 GMT January 12, 2004 Reply   
farmacia, hi mate, nice trade as usually.gt.

melbourne farmacia 10:04 GMT January 12, 2004 Reply   
Evening/morning guy's.
The gbp train still rolling.... i'm not calling tops but still a chance for 1.9053. Target from 8 jan done at 1.8551.

melbourne farmacia 23:51 GMT January 8, 2004
Gbp/Usd should complete this current run at 1.8380 from my reading. If momentum resumes on break expect 1.8551 to take profits.

U.K. J.B. 10:00 GMT January 12, 2004 Reply   
Raden Masandi

I do post and i think you will find my track record pretty consistant. I think you have a very good forum here but i only visit very occasionally because basically i don't have the time to write here. My trading and analysing takes up so much of it.I just thought when you put a strategy together be more precise. i.e. sell euro @ but be careful if we touch ?? as i will be looking to reverse the position as the uptrend is still in place. You carry on i am sure you have a gr8 following and i wish u all the best GT

Porto PJT 10:00 GMT January 12, 2004 Reply   
Dhahran maz ,
welcome, risk reward and money management.Whithout that you have nothing.in my opinion.
After you can concentrate on:
1 hour, 4 hours, daily charts.
oscilators, OB and OS for range market are ok, but not in trending markets, the trend is your friend is the best and the only indicator i see on trending markets, buy dipsstretegy, fibo levels are helpfull for targets and retracements and more i dont know.

tasmania 09:59 GMT January 12, 2004 Reply   
I would like to know where the people are that said the Euro would not last 5yrs

Dhahran maz 09:58 GMT January 12, 2004 Reply   
what charts should I concentrate on?
I'm not looking for high profits just want to go through Forex step by step.
What if just apply the recommendations from this forum?

Dhahran maz 09:54 GMT January 12, 2004 Reply   
Porto PJT hello ...
thank u for ur help.Dear; what are "rr & mm"?(I'm new)
Regards

Indonesia Solo raden_masandi 09:53 GMT January 12, 2004 Reply   
Dhahran maz 09:48 GMT January 12, 2004
for day traders.
they key is discipline with stp and target profit.
consistent is difficult but is must.
consistent is number one
startegy is number two.
analysis is on the trade strategy.

Gen dk 09:53 GMT January 12, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

09:52 GMT January 12, 2004 Reply   
nzd longs = 10 lots x 32 pips now = 320 pips! Yahoo.

Porto PJT 09:51 GMT January 12, 2004 Reply   
Dhahran maz 09:48 , rr and mm is a good idea to start.

Dhahran maz 09:48 GMT January 12, 2004 Reply   
Indonesia Solo raden_masandi
Hello ... I would like to know what should I know to succeed in Forex as interday trader?
Would you help?
Thanks in advance

Indonesia Solo raden_masandi 09:47 GMT January 12, 2004 Reply   
who have opinion, lets help each other with your ability.
let's focuse on the market again!!!

beirut jb 09:46 GMT January 12, 2004 Reply   
I think evry people r right here :
1- one should keep posting calls and opinions that's why forum is for

2- evryone should take complete responsability to follow any call or opinion

FWIW GPB is becoming the early bird more than $/cad

so whatch it carrefuly

GL GT

YVR MAXXIM 09:44 GMT January 12, 2004 Reply   
FWIW - E2bn of 1.0750 EUR calls rolling off at
today"s NY cut (1500gmt), alongside some 1.2600 and 1.2650 strikes.

GT MAXX Z.

Indonesia Solo raden_masandi 09:44 GMT January 12, 2004 Reply   
UK JB
yes I agree with your experience 20 years, but I only before 2 years here. I am still student in front of you. But I hope you can help your friends here include me with your analysis from your longtime experience.
But I am curious in my note archieve you always write "something" when I get draw down in my view.
I am happy if you discuss with me when my view be announced here, and so I know you agree or not. and if you don't agree then I know your perspective/opinion. That's my input to learning of my self. Don't worry to write analysis here because all still student include me. Please show your 20 years experience to help me. I am happy if you can teach me here.
thanks.

Ldn Hat 09:39 GMT January 12, 2004 Reply   
Indonesia Solo raden_masandi Hi there, please could you provide your comments on Eur and Pound against the dollar Thanks

Porto PJT 09:37 GMT January 12, 2004 Reply   
Losses are part of the game, usually raden is more right than wrong.One time wrong, crucified, 3 times right, lucky?

beijing road 09:32 GMT January 12, 2004 Reply   
Z Z: It all depends on which time frame you are trading and how much risk you can tolerate. I am sorry that I cant give you helpful advice.

U.K. J.B. 09:26 GMT January 12, 2004 Reply   
Tallinn Viies 9:17

I just think to must emphasis is put on this dollar correction. I will be happy when we do see a turn around and to be honest every day i leave buy orders for the dollar to take advantage of any possible vicious moves. I have my levels patience is the key. In the meantime i am afraid the trend is your friend as the dips are very shallow.

z z 09:23 GMT January 12, 2004 Reply   
Hi BeiJing road
I am a new comer for currency trade, and take the information from here, now I buy in EUR a lot, shall I sell them now or keep it, not so sure , please advise

Malaga boqueron 09:22 GMT January 12, 2004 Reply   
sorry that was a message from Malaga boqueron for Nicosia

Malaga Nicosia 09:21 GMT January 12, 2004 Reply   
Re EUUS stabilization. Doutbful anyone privy to that information would post it here. In any event, more than likely the only people with some knowledge of the potential target/objective in mind are those in the upper echelon of the current U.S. administration.

beijing road 09:21 GMT January 12, 2004 Reply   
Johannesburg cd : totally agree with you. Learning one's model before (NOT for )trading with it.

beijing road 09:17 GMT January 12, 2004 Reply   
Johannesburg cd : totally agree with you. Learning one's model for trading with it.

Tallinn viies 09:17 GMT January 12, 2004 Reply   
U.K. J.B. 09:13 - I think if eurusd didnt react to Trichet comments as he expect it to react we may see today some correction of mistakes. IMHO

sarasota jf 09:15 GMT January 12, 2004 Reply   
ab - i dont think we shud worry abt who doing what - its the trend continuation after the dip the other day - despite some selling short term bids held the 20-30 area-- same thing different excuses - i think the question is - how far can the trend run? not sure anyone knows precisely

U.K. J.B. 09:13 GMT January 12, 2004 Reply   
My personal view the BIS meeting will focus on the prospects for economic recovery rather than the dollar.This is probably because opinions will be divided. The US FED happy with the decline in the dollar BOJ/ECB not so. I think the BIS will keep a low profile re opinions on the dollar.

Johannesburg cd 09:11 GMT January 12, 2004 Reply   
Note to novices: I would advise against trading on any of the advice expressed here. Use it to learn from, and as a testing yardstick, but trading on them without understanding why the poster put them there (understanding which only comes with lots of practice) will get you killed. BTW Raden probably also took a hit when that resistance was broken and he turned bullish...)

Nicosia 09:11 GMT January 12, 2004 Reply   
Does anyone have any predictions as to where the dollar will be stabilized against the EURO?

U.K. J.B. 09:09 GMT January 12, 2004 Reply   
Just an observation, not a criticism. You chaps continue doing it your way. I only speak from 20 years experience and i only look to add value to a very good forum.GT

Cairo MDR 09:08 GMT January 12, 2004 Reply   
When is the G10???
TIA

GER ad 09:08 GMT January 12, 2004 Reply   
EUR/USD 1.2895, GBP/USD 1.8567...
Good time to buy Dollars 50 pips S/L for 100+ pips correction IMHO.

hk ab 0.88 09:07 GMT January 12, 2004 Reply   
seems some big players attention is drawn.

jf// Do you think that "S" commercial is liquidating here?

Indonesia Solo raden_masandi 09:06 GMT January 12, 2004 Reply   
Uk.JB
I go to myself introspection. my reason is not important here.
I think we must agree when is corection or when to continue the trend depend on the time frame.
I feel to be hurry to talk so far.this is learning for me.
Now I am bussy to answer many question to my e-mail. LOL although I am happy if get the e-mail about thanks because profit.

Jakarta ACDC 09:03 GMT January 12, 2004 Reply   
NASSAU is right. I agree
we all change our minds as forex is such a market where prices changes very quickly. ONly the ones who can adpat to this sudden change can survive
JUST MY THOUGHTS

Indonesia Solo raden_masandi 09:01 GMT January 12, 2004 Reply   
hallo sunil chopra.
I wait you on chat. where are you?

Nassau QF 09:00 GMT January 12, 2004 Reply   
I don't think it's fair to come down on Raden for one or two calls that didn't come through.

If you check his previous calls, you will see he is usually very accurate.

As far as him changing his position, that's what you do when support or resistance lines are broken.

Someone else can correct me if I'm wrong.

U.K. J.B. 08:56 GMT January 12, 2004 Reply   
Raden masandi

I dont often visit the forum but one quick observation. I see from your postings today you make forex trading seem so easy (which of course it is not ). Just spare a thought for the inexperienced/novice trader who probably takes your view on board. I of course don;t but i find it strange how you were so bearish on the euro etc at the low 1.28 and now at the high's near 1.29 you have turned bullish. A think a little more thought / time should be spent on your strategy

Indonesia Solo raden_masandi 08:55 GMT January 12, 2004 Reply   
austin ferris.
yes you are right.
today my view get draw down.
I feel I have homework to repair this draw down.

la saint3 08:53 GMT January 12, 2004 Reply   

hi all ..
if gbp is going up and up again ... what is the value of $$$$??

hk ab 0.88 08:49 GMT January 12, 2004 Reply   
forum become busy again.

Indonesia Solo raden_masandi 08:45 GMT January 12, 2004 Reply   
sunbil cophra,
I am sorry.. I have come back from my broadcasting.
sorry..

U.K. J.B. 08:40 GMT January 12, 2004 Reply   
To clarify Trichet speech after the g10 meeting is @11 gmt. T hats it as far as announcements are concerned.

German Buba member Remspberger was quoted on German radio as saying that developments in world trade were just as important than movements in the euro. He also suggested that as 43% of german exports go to the rest of the Eurozone, there is no need to panic over the rise in the euro.

nyc beyonding_destiny 08:39 GMT January 12, 2004 Reply   
average of swssie is likely around 1.18--1.21 in 1Q...try to average out my long...

SA Bok 08:39 GMT January 12, 2004 Reply   
Good Morning all

Well market is and will test 1.3000 and test the resolve of the ECB and others to comment again on levels ... what they say will drive market ..

AUD/NZD exporters already very unhappy ..

Rest of exporters (except the US companies )are hurting ...

Weird World .. GL all

mumbai sunil chopra 08:38 GMT January 12, 2004 Reply   
Indonesia Solo raden_masandi
master u r hiding from mee
hahahah
open yahoo

Indonesia Solo raden_masandi 08:37 GMT January 12, 2004 Reply   
eur/usd when at 1.2894
price will go to 1.2954 .
you can buy here and cut reverse when touch 1.2954.
sell at 1.2954 with stp at 1.2962

hk ab 0.88 08:37 GMT January 12, 2004 Reply   
gbp rises could be due to the 200 magnet in gbp/jpy.

hk ab 0.88 08:36 GMT January 12, 2004 Reply   
road, that's very great.

Thess/nk 2004 nk 08:35 GMT January 12, 2004 Reply   
Good Morning..

Euro might on this round stop around 1.3058 ..and then a Buying opportunity as i think will come close to 1.2558 for 1.35


Have a nice day!

nk

beirut jb 08:35 GMT January 12, 2004 Reply   
Adelaide albbar 08:17 GMT

I heared ~11GMT not sure

Indonesia Solo raden_masandi 08:31 GMT January 12, 2004 Reply   
gbp/usd when at 1.8550,
I predict 1.8561-8575 is top area.
you can sell here with stp at 1.8585. If 1.8585 be touched that's mean price give signal to get 1.9524

beijing road 08:31 GMT January 12, 2004 Reply   
nyc beyonding_destiny : Very nervous now. Already trailed the stop to 1.8450 level. Still have 5 lots pisotion from 1.8140-1.8299, and now trailed the stop to 1.8350.

nyc beyonding_destiny 08:31 GMT January 12, 2004 Reply   
short aussie 7788 T/P 77

hk ab 0.88 08:27 GMT January 12, 2004 Reply   
short aud/gbp .4200

nyc beyonding_destiny 08:27 GMT January 12, 2004 Reply   
beijing road 08:21 GMT January 12, 2004

good job, road...keep in mind beast is wild in both side ,suggested tight trial stop...

beijing road 08:24 GMT January 12, 2004 Reply   
EUr ,keep going pls to 1.2970 level.

hk ab 0.88 08:21 GMT January 12, 2004 Reply   
watch audgbp!!!

beijing road 08:21 GMT January 12, 2004 Reply   
Already lock in 1000pips profit fron long cale position at 1.7429, but still keep going with the trend.

Indonesia Solo raden_masandi 08:21 GMT January 12, 2004 Reply   
I am sorry..
gbp/usd seen will get top at 1.8575

hk ab 0.88 08:20 GMT January 12, 2004 Reply   
road// but bear in mind that our big friend is buying dlr right now. fwiw.

of course, day trade is v. different.

nyc beyonding_destiny 08:20 GMT January 12, 2004 Reply   
who is selling SFranc?

hk ab 0.88 08:18 GMT January 12, 2004 Reply   
road// yeap 1.9.

Adelaide albbar 08:17 GMT January 12, 2004 Reply   
beirut jb
are you or anyone else aware of specific time for a news conference or any announcement of Central Banks meeting?

beirut jb 08:12 GMT January 12, 2004 Reply   
good morning,

IMHO $ is due to a pop but I it may drop another ~100 pip against major pairs before do it, eur could test 130, $/cad 126
$/chf 120, etc...

$ extremely oversold and if we didnt count the last drop 12810-12556, euro poped from 112.7 without any Correction

meeting of 10 CB today could provide a triger to this correction,

meanwhile I will continue to scalp cos $ downtrend still in play and gpb made today higher hi

GL GT

beijing road 08:10 GMT January 12, 2004 Reply   
God, cable is real beast!

Bangalore RKG 08:09 GMT January 12, 2004 Reply   
nyc 07:41 GMT

wonder why you couldnt mail him. pls try either of these
[email protected] or [email protected] - if still not successul, will be glad to ask him to contact you. tks

beijing road 08:09 GMT January 12, 2004 Reply   
hk ab 88: you mean cable is going to 1.9?

nyc beyonding_destiny 08:08 GMT January 12, 2004 Reply   
any comment on EurGbp? it seems break 0693 ...

Adelaide albbar 08:04 GMT January 12, 2004 Reply   
sarasota jf
with cable now well above 1.85 do you expect trend to extend further?
GT and GL

hk ab 0.88 07:53 GMT January 12, 2004 Reply   
1.9 earlier than expected.

beijing road 07:52 GMT January 12, 2004 Reply   
Keep going with the trend!

hk ab 0.88 07:52 GMT January 12, 2004 Reply   
seem to be a good chance to chase eur day-trade if cable stays above 1.8505.

beirut jb 07:51 GMT January 12, 2004 Reply   
MONACO OGA 07:32 GMT

thank u mate

hk ab 0.88 07:46 GMT January 12, 2004 Reply   
jf, I have left orders at 1.29

nyc 07:41 GMT January 12, 2004 Reply   
Bangalore RKG 07:08 , wrong mail, any page?tkx

nyc beyonding_destiny 07:37 GMT January 12, 2004 Reply   
this is a week for profit-taking ...

sarasota jf 07:32 GMT January 12, 2004 Reply   
usdyen - us investments selling usdyen however multiple option names buying

MONACO OGA 07:32 GMT January 12, 2004 Reply   
FX UPDATE 12/01
Good morning,

***EUR***
EUR/USD (Currently 1.2850), 120 pips higher than last friday's opening. The USD made another low (1,2868) after surprise US job creation data and despite better unemployment rate (interpretated as a contraction of the US active population). Talk of large knock-out option desactivated at 1,2850. We believe we have not seen the end of the uptrend yet, and last week's figures open way for a further USD depreciation. Our long term target now appears around 1,3500. For the short term trading, we are now expecting a rebound on 1,2770-90 support.

Data out today:
GER Ind Prod Nov expected 0.5% 07.00 GMT
UK PPI output Dec epected 0.10% 09.30 GMT
CA building permits 13.30 GMT

Gold around 426 , with WTI February at 34,35.

***JPY***
Usd/Jpy (currently 106,45),despite the agressive BOJ/MOF's stance last friday, the market sold USD again and the pair slowly retraced from107 to current level. Japan is closed today, so expect the market to be trapped inbetween selling pressure and fear of another round of BOJ intervention around 106,15 (where it all started last week). Because of this new situation, we have now turned neutral on the JPY market and wait for further developments to determine our next strategy.EUR/JPY (136,80) is now looking to challenge 138 before critical zone around 140. Support now stands around 135.

***GBP***
Cable (currently 1.8480) as expected keeps printing new highs (1,8492 last friday). Most likely 2004 will see some trading around 1,85-1,90. Support for the day at 1,8430, next one at 1,8350 with next upsides target at 1,8570.
EUR/GBP (0.6950), looking neutral ahead of 0,6930-40 support. A break of this zone and an extension to 0,6810 is possible for the coming trading sessions.
Have a nice day,

Olivier

sarasota jf 07:31 GMT January 12, 2004 Reply   
imm names selling quite alot of eurusd - but just some short term bids sitting 20-30 at moment

hk ab 0.88 07:30 GMT January 12, 2004 Reply   
charts in 15 mins show the mkt is dying for liquidity.....

Nassau QF 07:27 GMT January 12, 2004 Reply   
I hope resistance holds.

Nassau QF 07:25 GMT January 12, 2004 Reply   
Looks like cable is trying to go above 1.85

07:25 GMT January 12, 2004 Reply   
good. nzd moves 28 pips now. the 10 lots x 28 = 280 pips.

Ina- mr.co'z 07:22 GMT January 12, 2004 Reply   

hi all !!...
all of us know that major of trend for the dollar of very-very bearish ... but we also have to know that in a condition in this time dollar in area over sold. And which we have to beware is the existence of correction or inversion instruct the price. become real correct it is true if we wish to transact for the long of our time have to sell the dollar. but possible to in this time we have to anticipate also its rebound for dollar. I earn the resistance for the eur/usd at 1.2935 and Cable at 1.8535. imo...gl/gt...

hk ab 0.88 07:20 GMT January 12, 2004 Reply   
success equation = long eurjpy, long aud/jpy and short dlr/jpy.....

Tallinn viies 07:15 GMT January 12, 2004 Reply   
good morning world!

as I said on friday - only way today is UP - those words are good today also.
minimum target today 1,2890/95. probably even 1,2945/50.

Tasmania 07:12 GMT January 12, 2004 Reply   
GLOBAL MARKETS-Asia stocks hit by SARS fears, weak US jobs data
SINGAPORE, Jan 12 (Reuters) - Asia's surging stocks took a breather on Monday as investors feared a new SARS outbreak in China and after Wall Street stumbled on data that showed few jobs in the emerging U.S. recovery.

Bangalore RKG 07:08 GMT January 12, 2004 Reply   
Friends, Radan appears to be using a combination of technical analysis and emotional index - seemingly unorthodox, but it's been very effective nonetheless. One of my colleagues Dr.Vikrant [[email protected]] is into a similar school of analysis and is very effective. For those of you interested, pls write to him seperately and mind you pls, this is no business promotional attempt. Just trying to endorse if someone wondered if there existed emotional quotient in trading at all!!

Nassau QF 06:50 GMT January 12, 2004 Reply   
Austin, I've missed out on a few good trades because I didn't think the market was going to go where Raden said it would.

I don't know what his secret is but he is almost prophetic.
Getting it right, down to the PIP, some days.

Melbourne Qindex 06:46 GMT January 12, 2004 Reply   
Spot Gold : My current expected trading ranges are 422.5 - 425.6 - 428.6

Stockholm za 06:44 GMT January 12, 2004 Reply   
CHF/JPY >> This Week
9096-8981
8866-8831
8681
8531-8496
8381-8266
66,7% BU In the trend...
Happy trades......

HK EL 06:36 GMT January 12, 2004 Reply   
The bull had run so long and lacks of strength so most likely bear kills bull today.

canada QJ 06:29 GMT January 12, 2004 Reply   
If other currencies hit short term top vis a vis the USD, what happens to gold? Is there more to its price rise than just a fall in USD?

Stockholm za 06:12 GMT January 12, 2004 Reply   

Todays bear traps in focus- Bullish ambush at ~
Happy safe trades......

Tasmania 05:44 GMT January 12, 2004 Reply   
Mizuho Bank on Bloomberg at the week end says itsgoing to be very volitile with the Euro going back to at least 120 -

Melbourne Qindex 05:39 GMT January 12, 2004 Reply   
Melbourne Qindex 11:56 GMT January 11, 2004
AUD/USD : My 44-day cycle reference indicates that projected resistant points are 0.7830 and 0.7986. Projected supporting points are 0.7365 and 0.7520. On Monday the lower barrier is expected at 0.7735 // 0.7753 and the upper barrier is located at 0.7842 // 0.7860.


... 0.7699 ... 0.7735 // 0.7753, 0.7771, 0.7788 ... 0.7824, 0.7842 // 0.7860 ...

HK EL 05:31 GMT January 12, 2004 Reply   
I don't know what anaylsis raden based on but I can assure that other experts ( including those experts from banks interviewed during the HK TV shows) do expect GBP, EUR, JPY will pull back this week.

austin ferris 05:27 GMT January 12, 2004 Reply   
Hello Radan,

I was very curious what you are basing this recommendation on. I can obviously see the technical indicators that are indicating that the dollar is terribly oversold, but they have been that way for almost a month now.

All the currencies just made new highs vs the dollar THE LAST TRADING DAY. Now you are calling this the short term top. Why?

I am not attacking you. I am very very curious as to what analysis you are using. Or is it just based on your experience? Thanks in advance if you choose to answer me.

syd 05:27 GMT January 12, 2004 Reply   
the market heard what trichet had to say about the euro last week.

hardly going to change his tune in a matter of days is he and lose whatever credibility he has so early in his tenure?

Houston 05:15 GMT January 12, 2004 Reply   
any speculations on ECB press conference a 12 CET today?

Tasmania 05:09 GMT January 12, 2004 Reply   
Dollar fall could cost EADS �3bn

Dollar fall could cost EADS �3bn

Mr Camus said this policy could include the relocation of manufacturing for new products. EADS has said previously it would consider opening production lines in the US, particularly if it were allowed to compete for major US defence contracts.

nyc sa 05:08 GMT January 12, 2004 Reply   
ict ,the international bank of settlements meets monday in basel we won't know much until maybe 11:00 newp-york time .

calgary ey 05:05 GMT January 12, 2004 Reply   
Anyone have any ideas how/where to trade futures for Chinese Yuan ???

Bandung Dewan 04:58 GMT January 12, 2004 Reply   
Indonesia Solo raden_masandi
Hello....

Indonesia RV 04:55 GMT January 12, 2004 Reply   
Sell more and more euros as much as you can.

canberra jsh 04:36 GMT January 12, 2004 Reply   
post on Help Forum for anyone who knows anything about computers, java, charting software....tia

04:32 GMT January 12, 2004 Reply   
buy more nzd here, nzd is so cheap with respect to aud

buy more at .6820...... very cheap indeed.

Ldn 03:34 GMT January 12, 2004 Reply   
More doubts being raised by analysts over likelihood of February rate hike by RBA CommSec senior analyst Craig James saying RBA lacks "smoking gun" needed to justify hike. point to strong AUD/USD and anecdotal evidence of slowing housing market reasons for RBA to delay hiking rates again.

ICT ML 03:25 GMT January 12, 2004 Reply   
I have a feeling things are going NOWHERE until this circle jerk in Basle is over and the statements meant to confuse are released.

Anyone know when that is to happen?

Tamania 03:22 GMT January 12, 2004 Reply   
Vietnam's central bank has given the go-ahead for the country to import up to 10 tonnes of extra gold in the first quarter of 2004
LINKThe central bank hopes to push down the local price by pumping up supplies.

Tasmania 03:16 GMT January 12, 2004 Reply   
Wire reports say Ernst Welteke told reporters Germany seeking option to sell Gold under renewal of Washington Agreement

Tasmania 03:13 GMT January 12, 2004 Reply   
Ldn 00:20 GMT January 12, 2004
I might add not sure what the catalyst will be but something is definitly brewing

Could be the meeting today cause the turnaround


BASEL, Switzerland, Jan 12 (Reuters) - Central bankers from the world's richest nations gather on Monday to discuss the impact of the U.S. dollar's dramatic fall on the global economy, which some Europeans warn could stifle recovery.

Indonesia Solo raden_masandi 02:57 GMT January 12, 2004 Reply   
eur/usd when at 1.2836,
after try to move high , now is the time to move down to get first station 1.2787

USA Biscuit Boy 02:43 GMT January 12, 2004 Reply   
Thanx Raden for your analysis. Keep up the good work. I for one really appreciate it :)

Indonesia Solo raden_masandi 02:24 GMT January 12, 2004 Reply   
usd/chf when at 1.2212
price only will touch 1.2207 before go to 1.2257.
buy signal have be get.

Tasmania 02:10 GMT January 12, 2004 Reply   
Eases Back As G10 Central Bankers Gather
ifr

Tasmania 02:07 GMT January 12, 2004 Reply   
Indonesia Solo raden_masandi thank you and good luck for the following week - appreciate your time.

Indonesia Solo raden_masandi 02:06 GMT January 12, 2004 Reply   
usd/jpy when at 106.50
price will go to 107.01.
you can buy here, now is ideal level for start.

Indonesia Solo raden_masandi 02:03 GMT January 12, 2004 Reply   
Tasmania.
sell signal have been generate.
my sytem say price will down to get 0.7731-21 soon.
I will totaly support here until Europe closing.

Indonesia Solo raden_masandi 01:57 GMT January 12, 2004 Reply   
confirmation about eur/usd have done. not to worry.
seen 1.2687 will be done soon.

syd 01:56 GMT January 12, 2004 Reply   
people been calling tops for the euro, the oz and everything else for the last 10 pct.

suffice to say i didnt believe it then and dont believe it now....and any dollar rally will be short term and sold into for a while yet.

Tasmania 01:56 GMT January 12, 2004 Reply   
Indonesia Solo raden_masandi hi could you share your view on the AUD direction this week or shorter term

Indonesia Solo raden_masandi 01:53 GMT January 12, 2004 Reply   
La saint3,
about tools that I use, I prefer study about most of players emotion. I prefer look chart with out indicators. I still learn about that and now I try to learn about how is the corelation price with time variable. I want to get answer about " when time meet the key price" still learn..

Indonesia Solo raden_masandi 01:48 GMT January 12, 2004 Reply   
gbp/usd when at 1.8466
have given sell signal to get 1.8413 for the first small station.

la saint3 01:47 GMT January 12, 2004 Reply   
hi raden..
I am a novice in this market. May I know
what kind of tools u use to support your view?

Thanks

Indonesia Solo raden_masandi 01:42 GMT January 12, 2004 Reply   
nyc sa.
of course. that view fro this week map.
eur/usd have given sell signal to get 1.2787 for the first station.

ICT ML 01:40 GMT January 12, 2004 Reply   
Hi Raden, interesting reading Sunday.....is your GBP/USD perhaps influenced by a monthly trend channel line in this general area...1.8530 right now?

OH....and congrats on last years calls, you had one heck of a good year. Looking forward to this year as well.

nyc sa 01:35 GMT January 12, 2004 Reply   
Hi Raden , thx for ur last reply . Are u still holding same view on euro and $/sf ?

Indonesia Solo raden_masandi 01:35 GMT January 12, 2004 Reply   
Nassau and Chicago.
thanks.
I hope you look my copy on GV when I wrote on Sunday.

nyc sa 01:34 GMT January 12, 2004 Reply   
JAPAN stock exchange is on holiday monday ,are they trading Forex ? Guess the real action will start in europe .

Nassau QF 01:31 GMT January 12, 2004 Reply   
Good morning Raden. (evening here)

chicago jack 01:22 GMT January 12, 2004 Reply   
welcome back raden masendi

Indonesia Solo raden_masandi 01:21 GMT January 12, 2004 Reply   
good morning...my world

Gen dk 01:14 GMT January 12, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Tasmania 01:13 GMT January 12, 2004 Reply   
Reuters
G10 central bankers meet amid dollar worries
BASEL, Switzerland, Jan 12 (Reuters) - Central bankers from the world's richest nations gather on Monday to discuss the impact of the U.S. dollar's dramatic fall on the global economy, which some Europeans warn could stifle recovery.
The Parmalat (Milan:PRFI.MI - News) corporate scandal and sweeping bank regulatory changes known as Basel 2 are on the agenda. Central bankers opened the discussions with leading global commercial bankers on the eve of the Group of 10 meeting
ECB President Jean-Claude Trichet became the first top central banker to raise the warning flag on the dollar's decline when he said last week that excessive currency movements are unwelcome. Leaders in France, Germany and Belgium also say it could choke off growth in the world's second largest economic region. Trichet, who is also chairman of the G10 central bankers group, declined comment on Sunday as he arrived for meetings, as did U.S. Federal Reserve Chairman Alan Greenspan. Trichet holds a news conference around 1100 GMT on Monday.

Perth AS 00:39 GMT January 12, 2004 Reply   
Australian newspaper job ads fall sharp 10.7% on-month in December

Ldn 00:34 GMT January 12, 2004 Reply   
syd well obviously not you - but wouldnt recommend putting on new trades at these levels unless however you have suicidal tendencies

London Paul_ex trader 00:33 GMT January 12, 2004 Reply   
I am reading of a possible correction (hick-up if you like) if we run inot strong resistance at Eur 1.2865 level as follows:

EUR/USD - The currency did pullback to 1.2710, and has been higher since the European session low. The rally got further boost from the dismal jobs report, and has already gone past the 1.2808 top, meeting some sort of resistance at 1.2860. The uptrend should accelerate further thereafter -- -- the next rally targets 1.3000, probably even 1.3200. There is a wild card here, one that we encourage you to take good note -- i.e., resistance being seen at 1.2865 top and another downmove to 1.2700 from there. Admittedly, the probability is not so high, but we give it a fair chance just because the corrective decline to 1.2710 was small relative to normal scale usually seen at the start of a new upwave. It also makes a better case on our theory that the FX market inflicts the maximum pain before moving towards the objective of a new wave. A new upmove beyond 1.2880 eliminates this wild card.

syd 00:29 GMT January 12, 2004 Reply   
sorry ldn...who is expecting a USD correction across the board??

did you see the shocking employment report on friday?

the trend is in place, has been for a while, and has some distance to run.

Ldn 00:20 GMT January 12, 2004 Reply   
I might add not sure what the catalyst will be but something is definitly brewing

Ldn 00:19 GMT January 12, 2004 Reply   
Who ever follows the Elliot Wave theory you view on the Aud with the view that it has now entered a terminal 'diagonal triangle fifth wave' and a substantial downside correction is due with a USD correction expected across the board.

Ldn 00:05 GMT January 12, 2004 Reply   
AUD/USD a break of uptrend line from late December 7590 and rising about 0.0018/day it will lose short-term bullish tone. Initial, minor underlying support at 7760 and 7700