Forex Forum Archive for 01/17/2004

Melbourne Qindex 23:37 GMT January 17, 2004 Reply   
Texas(Jksn.) PNB 08:45 GMT - I guess Jay would agree US$1,800 for yearly subscription.

Athens 22:25 GMT January 17, 2004 Reply   
Noted...

USA Biscuit Boy 22:22 GMT January 17, 2004 Reply   
Well Athens as long as my broker provides liquidity and active quotes the market is open to me and anyone else whose broker provides the same. Remember this market has no central regulation. There is no open or clossing time. Just liquidity.

Athens 22:18 GMT January 17, 2004 Reply   
Biscuit Boy, for the last time, as it pleases you. If uou like the matket moving during weekends, fine, the market moves (and the earth is flat...).

Charles, have a good trading year.

USA Biscuit Boy 22:15 GMT January 17, 2004 Reply   
Charles I am listening. I guess it all comes down to what your definition of a market is. If there is any liquidity at all then the market is open as far as I am concerned. Suppose Bin Laden was captured a few hours ago I definately could take a nice profit on my dollar longs with my broker who is providing liquidity over the weekend. Thats why I thought Tony may have been right. But it appears it was a typo somewhere.

USA Biscuit Boy 22:10 GMT January 17, 2004 Reply   
Exactly Athens. Just because interbank is not open does not mean the market price does not move. When news of Saddams capture first hit my broker was very active even though EBS or Reuters order matching system was not open.

Memphis Charles 22:08 GMT January 17, 2004 Reply   
BB, listen to Athens.

Athens 22:06 GMT January 17, 2004 Reply   
USA Biscuit Boy, I can trade with my neighbour next door, too... But, anyway, as it pleases you.

USA Biscuit Boy 22:02 GMT January 17, 2004 Reply   
Well maybe not interbank but other market makers are still certainly active over the weekend not to mention private deals that go on. Trust me I can trade all weekend long if I choose :)

Athens 21:57 GMT January 17, 2004 Reply   
There is NO price change during weekeds. The market can sometimes open with a gap n a Sunday evening due to an extraordinary financial, political or other event BUT prices DON'T move during weekends. Clear, full stop.

USA Biscuit Boy 21:50 GMT January 17, 2004 Reply   
Athens the price does indeed sometimes move on the weekend. Remember the capture of Saddam?

Athens 21:38 GMT January 17, 2004 Reply   
"is money" should be "his money". Enjoy your w/e and forget about prce moving until Sunday evening.

Athens 21:34 GMT January 17, 2004 Reply   
Does anyone who truly believes that the market is moving during weekends (170 pips...or even 1 pip) really risk is money trading FX? Amazing!

NY Neil 21:14 GMT January 17, 2004 Reply   
Barcelona Tony 19:15 GMT
euro @ 1.2229 and eur/jpy @ 130.53 are in error.

Brisbane 21:08 GMT January 17, 2004 Reply   
Does anyone know how to import the daily FX price history on this web-site into XL ? Or can anyone supply Daily XL data for the the last few years for Swf, Euro Currency & AD Vs US$

Barcelona Tony 20:55 GMT January 17, 2004 Reply   
porto azarento SELL .... 1.65 is next

Porto Azarento 20:52 GMT January 17, 2004 Reply   
what do you think about gbpusd? sell or buy next day?

USA Biscuit Boy 20:33 GMT January 17, 2004 Reply   
Well just checked and they aren't quoting that price. Still around 1.24. Oh well. Thought all my Christmas's had come at once LOL :)

USA Biscuit Boy 20:27 GMT January 17, 2004 Reply   
Tony are you sure about the validity of that quote. Im away from my desk and can't check with my broker that has weekend trading. I would be very happy if this was true. I'll check tonite when im back in town.

I fully expected euro to bounce early this week which I will sell into. Any move towards 1.2560 looks a very nice sell. But if we have indeed dipped 179 pips over the weekend then that level will be very hard to achieve.

Barcelona Tony 19:15 GMT January 17, 2004 Reply   
1.2229 on euro in financial tv screenbar .... well, will enjoy a nice Chardonnay to celebrate it .. 170 pips over the weekedn!

GVI john 15:33 GMT January 17, 2004 Reply   
test

Texas(Jksn.) PNB 08:45 GMT January 17, 2004 Reply   
Texas(Jksn.) PNB 08:41 GMT January 17, 2004
sorry...i meant a 12-month subscription for you Dr. Qindex,and for eur/usd,i meant long-term bias for LONG.medium term however i think we have a down incoming...IMHO!

great week-end pals
TIA:-)

Texas(Jksn.) PNB 08:41 GMT January 17, 2004 Reply   
eur/usd going down to 1.22X levels this week,IMH.THough I am still biased for 1.31X levels on eur/usd after the correction as long as the 1.17X levels hold.

See you all on monday people.
Have a good week-end Qindex.I hope you can come up with a 1 month subscription and talk to Jay about it.

TIA:-)

Melbourne Qindex 07:27 GMT January 17, 2004 Reply   
EUR/USD :  Trading strategy on Monday . Register with [email protected] if you have no access to my page.

Indonesia Solo raden_masandi 02:31 GMT January 17, 2004 Reply   
bdg zilfallon 18:08 GMT January 16, 2004
Bandung Dewan 17:57 GMT January 16, 2004

"Too bad... it's not yours then... i think the selling pressure is still high... but i'm not suggest to open position now since it's a little bit too late... ahh.. let's forget bout forex for a while... why dont you go to 11th floor and catch some chick ??? hahhahaha...."

my comment :
fame station exactly...yes..there are many "pips"there every night.
have a nice your party. ;-) longing for that. In March 2004 I will be the King Oil there.Come on..

van Gecko 01:07 GMT January 17, 2004 Reply   
after wiping out 1 month of euro_phoric windfalls in 1 week.. shell shocked bulls suffering from 'cold_feet_titist' may see any rallies towards the 21 day ma as a god send opportunity to bail (and don't forget those patient Sons Of Beatrices waiting to ambush the eager herd of top feeders).. a retrace to 1.28/29 seems remote for this corrective round..
on a comforting note for high pain threshold bulls who are still holding cargos or had added on dips up at the 21 day ma, the primary trend for the dollar is still down until we had seen sustained euro closes below the weekly 21 ma..

Longmeadow JSB 00:57 GMT January 17, 2004 Reply   
USD/JPY didn't fade back very much today like it has in the past. What do you think? Is this a good short trade? Anyone.

Thess/nk 2004 nk...1.40 00:17 GMT January 17, 2004 Reply   
Let the music start and the Master"s speak about levels..




Have a nice 2004!

nk