Forex Forum Archive for 01/20/2004

Athens 23:59 GMT January 20, 2004 Reply   
Buenos Aires Argenfx, I prefer the short side at these levels. 1.2610-15 is pretty tough but, even if market stops are cleared there, I still prefer the short side. Sure 1.2310-20 was a perfect short term target (and heavily O/S as I pointed out at the time), but I don't think the medium term correction is over yet. Good luck.

melbourne farmacia 23:55 GMT January 20, 2004 Reply   
Both Gbp/usd & Eur/Usd are currently within their shorting zones - 1.8200/20 and 1.2595/615. If i'm correct in my reading, expect 1.7710 and 1.2200 over the next few days/weeks. GT

Indonesia Solo raden_masandi 23:54 GMT January 20, 2004 Reply   
Nassau.
Good morning too.
Yes..explosion at Gresik (East Java)..far away from me.
that's factory produce chemical maleic anhydride. 2 killed and injured 50 people.

nyc beyonding_destiny 23:43 GMT January 20, 2004 Reply   
cable long from 1.81 and 1.785 hit the T/P 1.821(50fib of Weekly High/Low) Now, waiting for it retrace as low as 24fib/trendline support area, 1.803-1.805...T/P 1.832

Gbpyen hitted 194.6...reload at 191.8....
does anyone know was this short-live rapid movement above 195 caused by BoJ intervention?

What's your strategy of Cable today, SOLO? GL, GT..all

Brisbane L 23:38 GMT January 20, 2004 Reply   
Australian leading economic index stands at +2.6% in November well below long-run trend of +3.1%, say compilers Westpac; index pointing to slowing of domestic economy in middle of 2004, says Westpac global head of economics Bill Evans. AP

Nassau QF 23:37 GMT January 20, 2004 Reply   
Good morning Raden.

I heard there was a chemical factory explosion in Indonesia earlier.
Was that anywhere near you?

Indonesia Solo raden_masandi 23:20 GMT January 20, 2004 Reply   
good morning nice world.!!
good morning all people here !!
I hope good day for you all here.

Brisbane L 23:17 GMT January 20, 2004 Reply   
-New Zealand house prices are likely to start falling before the end of the year and prices in some regions may undergo a "nasty" correction from recent sharp gains, according to economic consultants Infometrics Ltd.
nzpress

Tokyo Jon 23:16 GMT January 20, 2004 Reply   
Miami OMIL, thanks

gbpjpy, is still following plans to reach 194.30 or even after re-evaluating from last session, 193.99, where the upward daily candle should begin to form and reach a high around 195.80 to 196.40. The downside is however if it falls below 193.80 then should keep going to about 192.80

Miami OMIL 23:06 GMT January 20, 2004 Reply   
Good to have you back again in the forum Jon. (/;->

Tokyo Jon 23:03 GMT January 20, 2004 Reply   
g'day all

Melbourne Qindex 23:01 GMT January 20, 2004 Reply   
EUR/USD : Current Comment . Register with [email protected] if you have no access to my page.

GVI john 22:41 GMT January 20, 2004 Reply   
State of Union headlines coming out...
Bush..
U.S. on offensive vs terrorists
Iraq rebuilding job difficult
Asks Congress to address rising helthcare costs
U.S. culture negative for children

Brisbane L 22:38 GMT January 20, 2004 Reply   
hk ab whats your viewon the BOJ do you think there up to it.

Buenos Aires Argenfx 22:35 GMT January 20, 2004 Reply   
To HK ab: Hello, friend...next strong support on JPY ? Thanks & GT.

hk ab 0.88 22:28 GMT January 20, 2004 Reply   
dlr/jpy diving fast.

Leicester NJS 22:23 GMT January 20, 2004 Reply   
Does anyone share my views that the dollar will continue steady losses until g7 possibly pushing $1.85 and continue throughout the year to $2.00 and beyond

GVI john 22:14 GMT January 20, 2004 Reply   
QF- In our experience, the State of the Union Address is rarely a market-mover. It is usually a rather long-winded list of legislative proposals that will never be enacted.

GVI john 22:11 GMT January 20, 2004 Reply   
STRATEGY SESSION �Far East Open
eur/$ 1.2580�. $/yen 107.10
DJIA 10,529, -72 pts�NASDAQ 2,148, +8 pts
10-yr 4.05%, +3 bp�s
MARKET OPINIONS:
For a broad range of opening levels click on GVI�s �Market Snapshot�:
CLICK HERE
For access to this report please contact: [email protected]

Buenos Aires Argenfx 22:09 GMT January 20, 2004 Reply   
To Athens: Hello, Sir...please, share with me your views on EUR. Thanks.

Stockholm za 21:43 GMT January 20, 2004 Reply   
EUR/USD.... at the moment......
Hourly P ~1,2588
1,2613 test, if escape on ~1,2651 = ~1,2724/36 in focus
1,2626 The 0,5 pullback on weekly
Creative double top will be welcome..
Happy trades......

Perth AS 21:38 GMT January 20, 2004 Reply   
BEIJING -- China's economy grew even faster during 2003 than earlier estimated, though signs of inflation and overheating in certain sectors are heightening concerns about whether the trend could be maintained this year plus concerns among foreign economists about the reliability of the government's statistics, Mr. Li announced China's first-ever revision of quarterly economic data, saying the economy grew at a 9.6% rate during the third quarter, a half-percentage point higher than previously reported.

AWSJ

Nassau QF 21:29 GMT January 20, 2004 Reply   
Does anyone have information on US dollars value during/following previous state of the union addresses?

Does it normally make the dollar temporarily bullish or have no affect?

Porto PJT 21:25 GMT January 20, 2004 Reply   
Athens, thank you once again.

Moscow Hawk 21:24 GMT January 20, 2004 Reply   
Biscuit Boy, we were both in the same boat in EUR/USD shorts from the beginning of the downside move and I am glad you booked nice profits. As for the current picture think we do not need to hurry to open new shorts. I think the higher levels still could be seen and there will be opportunities to short from the higher levels or when the upside pressure will be eased.

As for the USD/JPY longs I would not recommend them but it is your risk and finally you could be right. But if you look at today�s movements you will see what direction the market finally chose.

Good trades.

Athens 21:15 GMT January 20, 2004 Reply   
PJT, the other major non USD crosses are dead, look at their MA's from 5 to 200 days... I prefer direct USD pairs nowadays.

Athens 21:12 GMT January 20, 2004 Reply   
PJT, I agree absolutely.

Porto PJT 21:06 GMT January 20, 2004 Reply   
Athens 20:59 , thank you Athens, this boj folks are really messing things on techs, looking back eur jpy was the best technical cross- dont know if you agree- before boj start to be more active on the market, now what cross you see as a good tech cross , if you dont mind , i like to ear from you on that matter.good trades.

Perth AS 21:00 GMT January 20, 2004 Reply   
Sentiment and speculative flows are back in control of the currency markets again a dangerous mix seems the BOJ have quite a mission , its just a few large player controlling the markets now or so it seems

Athens 20:59 GMT January 20, 2004 Reply   
Porto PJT, as I posted earlier today i find 135 quite toppish. Given the strong support 131.60, my best guess is that we could stay within this range with 133.30 a pivot.

Sydney ge11ja 20:58 GMT January 20, 2004 Reply   
as much as I got it wrong thinking aud toppish 0.7600 and aud/yen toppish at 82.00, I dont think its smart trading to start buying euro and aud up here... 230 pips rally in euro and 150 in aud are probably enough b4 some sort of consolidation

Porto PJT 20:54 GMT January 20, 2004 Reply   
Athens, what your view on eur jpy, thank you.

Perth AS 20:45 GMT January 20, 2004 Reply   
Elliot Wave says that the commodity currencies are about to turn down to wave 4 for a deeper correction ? says ishould be topping out soon
anyone followin that system can enlighten - appreciate any views cheers

Brisbane L 20:34 GMT January 20, 2004 Reply   
CT DB Dlr/Yen will breach 107 today with BOJ looking on, they may get some help from the rest of the crowd will have to see , but see it getting a bit hot in the kitchen now for all of them.

mex sjs 20:33 GMT January 20, 2004 Reply   
shorting usdchf here at 1.2474 sl 1.2535 tgt 1.2380/90 area

CT DB 20:30 GMT January 20, 2004 Reply   
Brisbane L 20:25,

Probably going to be the only means to control their currencies, i would imagine that this will have to be the game plan for euro zone too as the verbal intervention has not really had the desired affects. It would seem therefore that the market is driven by techs. Hopefully the CB's wake up soon.
FWIW

Ldln 20:29 GMT January 20, 2004 Reply   
Germany Deputy Fin Min Koch-Wester; Rapid USD Fall Is A Problem, 'Especially since some large economies prevent the appreciation of their own currencies

CT DB 20:25 GMT January 20, 2004 Reply   
Rivonia PipPirate 18:08,

Evening Squire

I trust u r well. Phenomanal day for $ bears!
gl & gt

Brisbane L 20:25 GMT January 20, 2004 Reply   
The BOC made a strong case for continued rate cuts as it
seeks to close the Canadian output gap which has been exacerbated by the rise in
the CAD relative to the USD, which has filtered through to weaker than expected
domestic demand. The Bank sees that continuing through 2004 and into 2005,
causing the market to price in another 1/4 point cut at the March meeting
AP

Brisbane L 20:21 GMT January 20, 2004 Reply   
BOC talk of possible another rate cut

beirut jb 20:17 GMT January 20, 2004 Reply   
out of my eur too, not willing to make a nuit blanche

Have a nice evening all

bye

Tallinn viies 20:02 GMT January 20, 2004 Reply   
closed euro short at 69. even less profit than candy money.

Ithaca NY HLB 19:27 GMT January 20, 2004 Reply   
GER ad
Thank you for the site. It was what I needed. Harold.

London cam 19:03 GMT January 20, 2004 Reply   
US Treasury spokesman backs bush strong dollar policy quoted 14:00hrs EST on CBS Marketwatch news!

SF Augustus 18:44 GMT January 20, 2004 Reply   
lONDON PAKI POWER 13:40 GMT January 20, 2004

I hold the ACI, we can discuss in the help forum if you like.
Cheers.

GER ad 18:30 GMT January 20, 2004 Reply   
Ithaca NY HLB 18:23
Check Bloomberg.com
Markets/currencies/world currencies and than pick Americas or Asia/pacific orEurope/Africa/Middle East

USA Biscuit Boy 18:27 GMT January 20, 2004 Reply   
Hawk I like longing usd/jpy 106.60/80. Weakeuro bulls will let the smart money sell euros above 1.26. When they are done buying then what? I think it is easy to see euro bulls are very nervous indeedy. Those that initiate longs at these levels will be easy pickings IMO.

Ithaca NY HLB 18:23 GMT January 20, 2004 Reply   
Just curious as to how to find exchange rates for countries not easily located on most foreign exchange sites? Thanx. Harold

Moscow Hawk 18:23 GMT January 20, 2004 Reply   
There are very interesting developments in USD/JPY front. Eventually USD has sunk below 107.15 and I expect acceleration of downside in this pair soon. Inability of USD to hold 106.30-60 zone will confirm the USD weakness and open again 105.75-00 for the test. Moreover if USD will fall to the last indicated zone I would not be surprised to see the test of 105 by the end of the week or early next week.

Good luck

Atlanta 18:20 GMT January 20, 2004 Reply   
FW CS
thnks for your view
GL

Rivonia PipPirate 18:08 GMT January 20, 2004 Reply   
ICT ML 02:35 GMT January 20, 2004
man, cable 30 min BB's are tighter than I've seen in months right now......what ever it is fixing to do, it will be HUGE IMHO
Call de jour

FW CS 17:58 GMT January 20, 2004 Reply   
Atlanta 17:36
1.32 if 1.29 doesn't hold on closing level. I also look for 2 closes above there. Europeans though should start jawboning around 1.28 the old daily trendline support needs to be retested and that is around 1.28.

Moscow Hawk 17:51 GMT January 20, 2004 Reply   
I do not like the current picture in EUR/USD. Lack of retracement after such a considerable move and trading in the upper part of daily range are definitely are the moments to note. From the current perspective move above 1.2600 and test of 1.2675-00 does not look so unlikely. Although last Friday I planned entry for fresh shorts in EUR/USD in the 1.2540-640 area I will hold over an idea to short the pair till next week or better levels (around 1.28).

Good luck

Det tm 17:41 GMT January 20, 2004 Reply   
Sorry CRB up 2.93 @ 270.78

Det tm 17:36 GMT January 20, 2004 Reply   
Gold up 5

CRB up 2.78 (new recent highs 270+)
Anyone know the last peak in CRB? (278?)

This can't be hurting Dollar Bloc curr.

Atlanta 17:36 GMT January 20, 2004 Reply   
FW CS
what if eurusd breaches 1.29? where is next target on this pair?
thnks

Warwick Sat 17:17 GMT January 20, 2004 Reply   
"SNP"... When ever you get time could you answer a question post for you in 'Help Forum'... Most Obliged.

Gen dk 17:14 GMT January 20, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Gen dk 17:11 GMT January 20, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Brisbane L 17:03 GMT January 20, 2004 Reply   
Banks warned NAB on risky trades
Senior management at National Australia Bank was aware two years ago that the bank had built up extraordinarily large currency option exposures that were causing concerns among other major banks.

van Gecko 17:03 GMT January 20, 2004 Reply   
Ldn 16:08.. monthly Gravestone reversal candle if euro close below 1.2450 next week..
ICT ML 16:23.. upside odds for gbp/usd are not good while 200 caps gbp/jpy..
gn

Gen dk 16:48 GMT January 20, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Nottingham 16:48 GMT January 20, 2004 Reply   
opened my big mouth too early...something tells me we had our lot on euro upside for today

USA Biscuit Boy 16:47 GMT January 20, 2004 Reply   
Hi guys. Weak dollar bulls taken out. The time to buy dollars again is near, this time for a much longer ride down. IMO euro a great sell anywhere above 1.26. GL and GT all :)

FW CS 16:47 GMT January 20, 2004 Reply   
More often than not volatility is often associated with tops. So looking for this Euro to go back to say 1.28 or so then stay in a range from 1.28-1.22 next 2 months. Alternatviley if market can hit 1.29 and close there then we have a 5th wave up in daily Euro

madrd val 16:46 GMT January 20, 2004 Reply   
Is BOJ at 107.20??

Brisbane L 16:45 GMT January 20, 2004 Reply   
If I recall Shanghai BC said it would rally once more (Euro) after drop before further fall

Moscow eqwis 16:43 GMT January 20, 2004 Reply   
It's beautiful. LOL.

Hong Kong nt 16:43 GMT January 20, 2004 Reply   
HK AB -- for weak weak dollar to establish ST rebound, two legs may be required...

Nottingham 16:40 GMT January 20, 2004 Reply   
More by luck than judgement (just took a phone call) managed to stay flat on euro so far but will be tempted at 50% retracement level at 1.2615...also was expecting it today...stop will be some pips above 10 day sma...gl gt

beirut jb 16:40 GMT January 20, 2004 Reply   
hi traders

short euro 12595, stop 12660,

euro today make up all friday drop, it's crasy offcorse lol

beijing road 16:37 GMT January 20, 2004 Reply   
Need to go to bed. See you guys tomorrow. GL and GT.

Hong Kong nt 16:36 GMT January 20, 2004 Reply   
hk ab 0.88 15:28 GMT -- market is not crazy but we understand crazy little about the market...

Dallas GEP 16:31 GMT January 20, 2004 Reply   
Well that Euro short I had stopped out at -30 PIPS. SEE ROAD, you were right!!! LOL. Actually probably should had raised stop but I was getting mixed signals. Square now.

Brisbane L 16:31 GMT January 20, 2004 Reply   
Tallinn viies agree , we may some intervention come in this time because they have cocked it up big time at their so called meetings. just a big tea party

Gen dk 16:29 GMT January 20, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Tallinn viies 16:27 GMT January 20, 2004 Reply   
world is crazy. if I mentioned my target 1,2610/15 then I was thinking about next 2-3 trading days not today :)
god help those greedy bastards

ICT ML 16:23 GMT January 20, 2004 Reply   
well guys.....the sheer momentum of the cable move today, doesn't tell me that it is just a little "bounce" in a to be continued down move.........this feels like it did in the fall when it launched out of the G7 weekend......don't know.....

Brisbane L 16:23 GMT January 20, 2004 Reply   
Anyone know MaxClegg view on this move

London R J 16:20 GMT January 20, 2004 Reply   
suggestions please......
cable now at 1.8166, buy usd now or wait until tomorrow as earlier suggested, any views??

Gen dk 16:20 GMT January 20, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

beijing road 16:19 GMT January 20, 2004 Reply   
sf mike and GEP: thanks, guys. My stupid assumption is like this : the trend will be "endless" once I got in right boat temporarily.Only trade this way can make me confident and let profit run for medium term.LOL.

sf mike 16:10 GMT January 20, 2004 Reply   
Don't worry Road. Everybody here have different time frames. Stick to your timeframe. Some people don't even know which time frame they are trading. Example, people who trade 5 minute bars but look at daily charts for trend. Ridiculous, they always get stopped out.

Dallas GEP 16:09 GMT January 20, 2004 Reply   
Well Road, MOST of the people thought the world was FLAT too so THAT doesn't necessarily mean anything!!! LOL

Ldn 16:08 GMT January 20, 2004 Reply   
van Gecko buying ? which currency

beijing road 16:07 GMT January 20, 2004 Reply   
My view is against most of trader here. It makes me nervous, and I am locking some pips(EUR 10ipis, and cable 130pips) to see how the market will devolep.

Atlanta 16:06 GMT January 20, 2004 Reply   
Dallas GEP
nop Dallas, I know. This is the life, everything happens.
we are intelectual gemblers.

van Gecko 16:03 GMT January 20, 2004 Reply   
shrimp.. below 1.2450 is buying into a monthly Gravestone..
R.I.P..

SA Bok 16:02 GMT January 20, 2004 Reply   
FWIW 4 hour Charts MACD seems weak and showing maybe this move will be faded ...

For Eliot wave guys questions on 4 hour charts , could the EURUSD be forming wave 2 before big dump wave 3 (normal double the move of wave 1) appreciate

TIA .. GL all

Dallas GEP 16:01 GMT January 20, 2004 Reply   
Thanks Atlanta, but don't forget I can also lose money with the best of them as well!!!! LOL Recovery normally is very quick though.

beijing road 16:01 GMT January 20, 2004 Reply   
Why only me like to hold usd short position? LOL

sarasota jf 15:59 GMT January 20, 2004 Reply   
ab- entering some audcad short just little earlier that 95-00 and add up to 30

Dallas GEP 15:57 GMT January 20, 2004 Reply   
This SHOULD be a turndown point for EURO. No guarantees of course and I am DEFINITELY biased!!! LOL

Atlanta 15:57 GMT January 20, 2004 Reply   
Dallas GEP
10x my friend. i respect ur view and I respect you personally
GL

ICT ML 15:55 GMT January 20, 2004 Reply   
jf.....could be if it holds...if not it heads to 1.8287.....got burned earlier shorting into trend line....so will hold off myself

Moscow Hawk 15:55 GMT January 20, 2004 Reply   
It seems we have seen false break above 107.70 in USD/JPY and considering current picture return back to 106.30 � 60 is still very likely. For confirmation we need move below 107.15 initially and then below 106.95 (very negative for the USD).

Good luck

ldn 15:54 GMT January 20, 2004 Reply   
Aircraft Builder ATR Says Weak Dollar Will Hit Earnings

Tallinn viies 15:53 GMT January 20, 2004 Reply   
have been extremely busy today...
fwiw just now went short on the euro front.
sold at 1,2572. left order to buy it back at 1,2552. for a quick candy money...
cu later got to run now

Dallas GEP 15:53 GMT January 20, 2004 Reply   
Atlanta, My strategy thus far has been to pip raid 20-30 pips on VERY short term movements BUT I beleive EURO is starting to be a SELL on rallies so MOST of the time I am going short. As far as what THIS week will bring I am getting mixed signals on that.

sarasota jf 15:52 GMT January 20, 2004 Reply   
ict-ml u find a level in gbpusd up here good for a short?

HK Kevin 15:50 GMT January 20, 2004 Reply   
Sorry hk ab. Take a break for bath after entering the position. Yes, long USD/CAD as planned at 1.2880. I think even the trend is reveresd, USD/CAD will stabilise around 1.2860-80 for 24 hrs. Look for late NY to decide next step. Above 1.2960 will be fine for me.

Brussels shrimp 15:50 GMT January 20, 2004 Reply   
Complex and dynamic market added to � short instead of closing it,the flitting of a butterfly in Costa Rica changed the wether patterns in the world.

sarasota jf 15:49 GMT January 20, 2004 Reply   
viees - 1.26 target and turn short - 1.2612 this is my view - euryen think as well worth a turn

Bandung Dewan 15:41 GMT January 20, 2004 Reply   
Mas Raden,
the movement make me confuse..... very2 confuse
today's range is wide enough

Atlanta 15:37 GMT January 20, 2004 Reply   
Dallas GEP

I have not been trading for almost two month and I'm out of the shape.
what you think on eurusd for this week?
10x

Brisbane L 15:36 GMT January 20, 2004 Reply   

ECB Issing:Verbal FX Intervention Had Substantial Impact

Athens 15:36 GMT January 20, 2004 Reply   
beijing road, I didn't say that, you said.

NY JS 15:35 GMT January 20, 2004 Reply   
BOC did cut rates 1/4

beijing road 15:35 GMT January 20, 2004 Reply   
Athens:Based on your analysis, if eur climbs above 1.2610, it will turn likely to see 1.2880 again, is my understanding correct? Thanks.

hk ab 0.88 15:34 GMT January 20, 2004 Reply   
I know that, I was just wondering....

anyhow, I will have some other games tongiht. talk to you all later.

Toronto 15:33 GMT January 20, 2004 Reply   
hk ab 0.88 15:30 GMT January 20, 2004 ---- BOC cut 1-1/2 hrs ago

SA Bok 15:33 GMT January 20, 2004 Reply   
hk ab 0.88 15:28 GMT - Just like the ECB and Euro CB guys want for PA accounts ... hahahaahahah

Athens 15:32 GMT January 20, 2004 Reply   
beijing road, 135.00 and 1.8200 look toppish to me technically.

hk ab 0.88 15:30 GMT January 20, 2004 Reply   
if cad doesn't cut tongiht, does it mean 1.28 straight down? or even to see 1.25?

beijing road 15:29 GMT January 20, 2004 Reply   
Athens: Thanks, how abt EUR/JPY and cable pls? Thanks again.

hk ab 0.88 15:28 GMT January 20, 2004 Reply   
exit eur/gbp shorts with mini profit.
This mkt is crazy.

Athens 15:26 GMT January 20, 2004 Reply   
beijing road, unlikely but not impossible.

Indonesia Solo raden_masandi 15:26 GMT January 20, 2004 Reply   
Bandung Dewan.
gbp/usd sell at 1.8154.(major resistance)

Atlanta 15:25 GMT January 20, 2004 Reply   
Wiarton H
10x a lot
I appreciate that

beijing road 15:25 GMT January 20, 2004 Reply   
Athens: Based on your model, you do not think it is likely to see 1.2880 to make double top again? Thanks.

Dallas GEP 15:24 GMT January 20, 2004 Reply   
Hi Atlanta!! Short EURo @ 1.2548 with fairly tight stop

beijing road 15:23 GMT January 20, 2004 Reply   
There are nobody who want to hold eur long position to 1.2880 again?LOL

Athens 15:22 GMT January 20, 2004 Reply   
No more EUR/$ contras (longs) are suggested and profit should be taken on any still open ones. Preferred tactic now is shorts ahead of 1.2565 and/or ahead of 1.2610. Good luck.

Global-View 15:22 GMT January 20, 2004 Reply   
Hialeah Fxdomi 15:18 GMT January 20, 2004 - check your email. Smooth running on our side.

hk ab 0.88 15:22 GMT January 20, 2004 Reply   
Kevin entered long cad one more 1.2885 tight s/l.
will exit both.

Wiarton H 15:19 GMT January 20, 2004 Reply   
Atlanta Re Dow.This one is free but you have to put the link in favorites.It only gives you 3min and you can not refresh it.
Only going back to favorites will give you the next 3min.
Or sign up with them.
http://finance.lycos.com/qc/livecharts/default.aspx?symbols=index:indu
I like the site GL GT

Hialeah Fxdomi 15:18 GMT January 20, 2004 Reply   
I am having problem loading global-view website , it is very slow, is anybody having issues as well, or is just me?
Thanks!

Moscow Hawk 15:17 GMT January 20, 2004 Reply   
Last Friday before my first mid term 1.2300-50 in EUR/USD was reached I pointed that 1.2350-2450 was a good zone to take profits on euro shorts from the higher ground. Now we can see healthy correction from badly overbought daily levels. I think that zone 1.2540-2640 could be attractive for opening fresh shorts. Above 1.27 there is the chance for return back above 1.28.

Moscow Hawk 10:22 GMT January 8, 2004
EUR/USD gave up and I think the preferable tactic in EUR/USD for now is selling upticks. 1.2700-50 and 1.2790-40 are good selling areas if seen. Current picture points that upside in EUR/USD is almost exhausted and the bias changed. Mid term targets are 1.2300-50 and 1.20-21. But I hope they are not being reached in a straight line.

Kaunas DP 15:13 GMT January 20, 2004 Reply   
GEP
any ideas re shorting beast - TIA

Atlanta 15:10 GMT January 20, 2004 Reply   
Hi my friends. long time have not seen you guys.

Dallas
how r u my friend?

could anyone send me the link of live DJI
10x

Brussels shrimp 15:10 GMT January 20, 2004 Reply   
van Gecko it's the signal 2x your money,the yellow king +the green monkey on february the 4 th 2004 gives the result (month day) 2+4 year 2004 ;6too 2957+2004 =4701 resuly's 12 (6x2) 2x capital with 50k$ buy 10 contract's at 1.2380 you have it .

hk ab 0.88 15:03 GMT January 20, 2004 Reply   
Kevin, May I have your view on dlr/cad plz?

Dallas GEP 15:00 GMT January 20, 2004 Reply   
Sat, If MACD and Stoch and the touch of the Bollinger Band (low or high) all coincide (30 minute) then Your chance for success is greater along with confirmation on the 5 minute chart. Hi OMIL. Jon's had a VERY good night.

Nottingham 14:58 GMT January 20, 2004 Reply   
CT DB 14:52 GMT:

You are quite right, of course, but my point is that the big boys will always get whiff of any such info before the rest of us and will react accordingly gl gt

hk ab 0.88 14:57 GMT January 20, 2004 Reply   
nt, are you there?

hk ab 0.88 14:54 GMT January 20, 2004 Reply   
wonder how much BOJ has spent today.....

van Gecko 14:54 GMT January 20, 2004 Reply   
Ldn 13:11.. Q1's are historically dollar friendly.. the dollar may had started the year at/near a major low..
"van Gecko 11:23 GMT January 12, 2004
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
Brussels hope you had fun 'shrimp'ing' down at the 1.23's.. not sure how to decipher your 13:53 insider info for it had been many moons since we last talk.. sob.. sob..

CT DB 14:52 GMT January 20, 2004 Reply   
Nottingham 14:47,
appreciate the lesson in logic, but if someone always knows before u, then nobody knows first. and if nobody knows, there is'nt a rumour.......
Somebody has to be the 1st to know (mmm sounds like CNN)
LOL

Miami OMIL 14:51 GMT January 20, 2004 Reply   
Good to see comments from GEP, Jon and the others again in this forum welcome back. On the eur/usd front, the correction is still intact you must understand after the last move the eur/usd made it needed a breather and it got it but now the indicators are in overbought area and are turning. Approximate fib retracement now from the big move is 1.2547, 1.2614 and 1.2682. Support at the moment is 1.2495 and 1.2405-10. Resistance at the moment is 1.2580 and 1.2650. The eur/usd needs to stay under 1.2680-1.2700 to retain the bearish movement IMHO. (/;-> GL GT

London MJM 14:51 GMT January 20, 2004 Reply   
Athens// Thks!

Brussels shrimp 14:48 GMT January 20, 2004 Reply   
like weather one's fortune can or may chenge by the evening m'n included back to square one.

Nottingham 14:47 GMT January 20, 2004 Reply   
If rumours were true, euro would already be down a couple of figs>>>in fx someone always know before you...if you think otherwise then your rumour/info/tip is almost certainly a dud...sad states of affairs but in truth allies don't even know which country bin laden is in never mind get within a few miles of him gl gt

SA Bok 14:46 GMT January 20, 2004 Reply   
WATCH GOVT NEWS CHANNEL CNN if the rumour is true ..

CT DB 14:45 GMT January 20, 2004 Reply   
GER ad 14:43
sell the rumour buy the fact...all we need is for someone to confirm that it is a legitimate rumour (LOL)

hk ab 0.88 14:44 GMT January 20, 2004 Reply   
my gut makes me to set a good short in euraud now......

GER ad 14:43 GMT January 20, 2004 Reply   
Jean,
Don't trade on roumor this may be only a dream of Dollar longs and if is true after the confirmation you may have still time to make some money longing USD (short time trade).

SA Bok 14:42 GMT January 20, 2004 Reply   
Will only see in Bush State of the Union .. what a campaigner Bush is ... IMVHO

Nassau QF 14:39 GMT January 20, 2004 Reply   
Typo: ECP = ECB

Nassau QF 14:39 GMT January 20, 2004 Reply   
They said the smae thing about Bin Laden last week though.
I think someone is lying in order to pump up the value of the dollar.
Maybe it's a conspiracy by the ECP and BOJ?
LOL :)

Athens 14:39 GMT January 20, 2004 Reply   
London MJM 06:55 GMT January 18, good assessment.

CT DB 14:39 GMT January 20, 2004 Reply   
ny 14:24 GMT

if you are so sure of your friends information, please tell us the size of your long$ position?
tia
gl & gt

PA Jean 14:36 GMT January 20, 2004 Reply   
Guys, if the news is true, imagine Bush and the State of the Union address...I guess there will be some corection on EURO/USD (am I right?...). Sorry, I'm just a newby.

Indonesia Solo raden_masandi 14:35 GMT January 20, 2004 Reply   
we can look hourly candle now for eur and cable.
nice dark cloud.

Barcelona Tony 14:32 GMT January 20, 2004 Reply   
oh come on...selll euro gbp buy $ !!!! bargain prices again!!

ny 14:31 GMT January 20, 2004 Reply   
hk ab - True - but what if it's true? You double your account in a day!

hk ab 0.88 14:28 GMT January 20, 2004 Reply   
my suggestion:

Trade after the dust is clear if your news is true.

Don't get too excited on these news otherwise, your account can be extinguished in minutes.

Nottingham 14:28 GMT January 20, 2004 Reply   
Warwick Sat 14:25 GMT:

Don't know what Dallas GEP uses but on this occasion no crystal ball required...gold took a hit and normally the two hold hands gl gt

Warwick Sat 14:25 GMT January 20, 2004 Reply   
Dallas GEP 14:11 GMT January 20, 2004
"GEP".... I have seen you make these swift sharp 'sorties' before in the past.. Do you mind telling me what indicator works accurately for these moves please TIA.

Brussels shrimp 14:25 GMT January 20, 2004 Reply   
last 2 year 's where a mix of fire and water ,weren't paeceful economy was struggling ,people worried about their jobs -this year is the begining of a metal cycle -jewelry, money -financial business will boom in the coming 2years so mother nature is fair and evryone takes turn to share the luck.

hk ab 0.88 14:24 GMT January 20, 2004 Reply   
KEvin, Happy CNY to you too. PRofitable Monkey year!

ny 14:24 GMT January 20, 2004 Reply   



JUST GOT A CALL FROM A FRIEND OVERSEAS: APPARENTLY THE AMERICAN TROUPS CAUGHT BIN LADEN IN AFGANISTAN !!!
DOES ANYONE KNOW MORE ?

I GUESS ALL CURRENCIES WILL FALL AGAINST USD.

Athens 14:24 GMT January 20, 2004 Reply   
A recent comment:
Athens 22:44 GMT January 16, 2004
Follow-up on my 22:36-- Admittedly the market outperformed by far my expectation of an imminent Dollar comeback. The medium/long term aberration has been corrected by another, short term, aberration and the USD finished the week deep inside O/B (for the USD) territory. Thus, ironically it needs a...correction to its short term strength...

Nassau QF 14:24 GMT January 20, 2004 Reply   
Didn't someone already use that Bin Laden story last week?
Trying to pump up the dollar huh?
:)

HK Kevin 14:22 GMT January 20, 2004 Reply   
hk ab, happy CNY. 1.2880 is the best price we can get to long USD/CAD.

Tokyo Jon 14:21 GMT January 20, 2004 Reply   
gbpjpy, reached my target at 194.70 today, however was not expecting this till tomorrow, my next target is 196.50, but cant find suitable entry level, waiting for the slight pullback to 194.60 probably in early asain session. next mid term target 197.60 and long term 199.30

its been a fun first day back, and looking forward to a slow day tomorrow, back in a few sessions

Nottingham 14:21 GMT January 20, 2004 Reply   
Helsinki iw 14:14 GMT:

Back in November we had a similar correction but from "the other side"...euro got overbought, corrected to 10 day sma and then began to rally never once breached the +2% from 10sma line until almost at the height of the move this Jan...would not be surprised to see similar correction this time around...gl gt

Toronto BA 14:20 GMT January 20, 2004 Reply   
Huge news comming ! Looks like they caught Bin Laden !!!

Moscow Hawk 14:14 GMT January 20, 2004 Reply   
Finally USD/JPY 107.70 was broken and I expect to see much stronger USD across the board (especially against aussie and euro) by the end of the day.

Jon, it was a nice call about base at 107.10 in USD/JPY this morning.

Helsinki iw 14:14 GMT January 20, 2004 Reply   
Easing from BOJ and BOC today. The market just may start
to speculate about a larger round. This correction in EUR/USD
has not run it�s course in my view. IMHO

Dallas GEP 14:11 GMT January 20, 2004 Reply   
Closed Short EURO from 1.2524 @ 1,2494

Bandung Dewan 14:10 GMT January 20, 2004 Reply   
thx
btw, Mr.co'z went to Tasik with big boss.....

hk ab 0.88 14:08 GMT January 20, 2004 Reply   
exercising time? BOJ?

hk ab 0.88 14:04 GMT January 20, 2004 Reply   
thanks very much GV

hk ab 0.88 14:03 GMT January 20, 2004 Reply   
if BOC cuts, I don't think mkt anticipated it very much.

I expected no cut.

Global-View 14:03 GMT January 20, 2004 Reply   
GVI 14:02 GMT January 20, 2004
Bank of Canada lowers target for the overnight rate by 1/4 percentage point to 2 1/2 per cent

OTTAWA � The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of one percentage point to 2 1/2 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 2 3/4 per cent.

Both core and total CPI inflation remain below the 2 per cent inflation target. While inflation is exhibiting some volatility, underlying price pressures and the presence of spare capacity point to a core rate of inflation that will likely persist below the inflation target late into 2005. Despite stronger global economic growth, the rapid appreciation of the Canadian dollar against the U.S. currency has cut into the overall growth of aggregate demand for Canadian goods and services through weaker exports and increased imports. In addition, although employment growth has continued to be vigorous, recent indicators of domestic demand in the fourth quarter of 2003 have been somewhat weaker than projected. As a consequence, the output gap at the end of 2003 appears to be somewhat larger than the Bank was expecting. In light of these demand and inflation factors, and the likelihood that they will persist through this year and into 2005, the Bank has decided to lower the target for the overnight rate to provide additional support for growth in aggregate demand and thus help return inflation to the target over the medium term.

An elaboration of the Bank's views on the outlook for inflation, the economy, and the uncertainties surrounding aggregate demand growth will be provided in the Monetary Policy Report Update, to be released on 22 January 2004.

Information note:
The Bank of Canada's next scheduled date

ch ch 14:03 GMT January 20, 2004 Reply   
BOC cuts rates -.25

SA Bok 14:02 GMT January 20, 2004 Reply   
.25 cut BOC

Vilnius george 14:02 GMT January 20, 2004 Reply   
Bank of Canada lowers target for the overnight rate by 1/4 percentage point to 2 1/2 per cent

hk ab 0.88 14:01 GMT January 20, 2004 Reply   
BOC decision?

hk ab 0.88 14:00 GMT January 20, 2004 Reply   
something wrong with nzd.....

Indonesia Solo raden_masandi 13:58 GMT January 20, 2004 Reply   
Bandung Dewan.
my message for your all traders there .
tell to co_z (Mr. Iwan too)
eur/usd have get top at 1.2555
you can sell now at 1.2514 stp 1.2560 (bid) for target 1.2215 for long trem trade.
this is the chance for you and your crew.

Brussels shrimp 13:53 GMT January 20, 2004 Reply   
Hello, van Gecko seems that 2004 and 4701 ;6 vs.12 gives a lot of perspectives; the 8 double hour should do it ,if not call me a "Hou" i'm giving you this inside information so we can
" help one another,for we are all in the same boat"

Genoa nic 13:50 GMT January 20, 2004 Reply   
Good afternoon all

FWIW Previous Boc statement:

http://www.bankofcanada.ca/fixed-dates/2003/rate_021203.htm

nyc fxdh 13:49 GMT January 20, 2004 Reply   
Thanks

beijing road 13:48 GMT January 20, 2004 Reply   
Safe trade maybe long EUR above 1.26, but I already get in at 1.2470 with stoploss at 1.2430. Hope to see 1.2890 b4 Feb 6.

Moscow Mishanya 13:46 GMT January 20, 2004 Reply   
nyc, in 15 minutes

Ldn pm 13:45 GMT January 20, 2004 Reply   
in 10 mins 1400GMT

beijing road 13:45 GMT January 20, 2004 Reply   
1.2550 level is the key for EUR/USD. If it is taken out, 1.2880 at least will be seen again. It is not easy, maybe it will take 2-3 days to fight around this level. Lets wait and see.

nyc fxdh 13:45 GMT January 20, 2004 Reply   
can anyone tell me when the cdn rate cut announcement is today

Indonesia Solo raden_masandi 13:45 GMT January 20, 2004 Reply   
Bandung Dewan..
I think price have get top today at arround 1.8154 (fact at 1.8146). you can againts this market. sell gbp/usd here.

hk ab 0.88 13:44 GMT January 20, 2004 Reply   
I have kept 2 eur/gbp shorts one from .6930, one from .6925.

Now I think I Want to square it before new year

hk ab 0.88 13:44 GMT January 20, 2004 Reply   
I have kept 2 eur/gbp shorts one from .6930, one from .6925.

Now I think I Want to square it before new year

Nottingham 13:43 GMT January 20, 2004 Reply   
Tor Pumpkin 13:37 GMT

Thx mate gl gt

lONDON PAKI POWER 13:40 GMT January 20, 2004 Reply   
Hei Guys,

Please do let me know if i should take the ACI dealing Certificate. I want to b a FX dealer and some good Job agencies in LOndon Uk which helps in this field

Nas

Bandung Dewan 13:38 GMT January 20, 2004 Reply   
Mas Raden,
what about gbp/usd right now? thx 4 eur/usd.
"Hail Pancaaa....."

Tor Pumpkin 13:37 GMT January 20, 2004 Reply   
NOttingham, 25 points is fully priced in, w/ some expectation of dovish comments for further down the road.

Nottingham 13:33 GMT January 20, 2004 Reply   
Any views on Canadian rates decision at top of hour? Seems to be split for no change/25bps cut

beijing road 13:29 GMT January 20, 2004 Reply   
melbourne farmacia : Thanks for your insight.

Nottingham 13:27 GMT January 20, 2004 Reply   
fwiw gold just took a good hit...might translate to some short term weakness for euro...poss retest of 1.25...personally favour short at 1.2560/80 gl gt

Indonesia Solo raden_masandi 13:26 GMT January 20, 2004 Reply   
Bandung Dewan 12:53 GMT January 20, 2004
my position are in the pressure way now.
will attack eur/usd again at 1.2576 area as the end of this big corection of weekly candle.
that's selling for long term only to get 1.1837 if possible.
okay.."hidup panca..ini hari salasa...salah..salah he2"

hk ab 0.88 13:21 GMT January 20, 2004 Reply   
L, the boj guarding the 107 with might.

melbourne farmacia 13:18 GMT January 20, 2004 Reply   
beijing road 12:53 GMT January 20, 2004
The only problem i have with these turning points, is the fact that I can not tell you if euro will turn up or down on 06/02. We must wait until that day, or be on the lookout 2 - 3 days before hand etc.. From my reading as of today, suggests 06 feb might pan out at the bottom of the daily chart channel around 1.2100.
So in regards to your question, only time will tell. GT

Brisbane L 13:16 GMT January 20, 2004 Reply   
hk ab 0.88 i can see that number on my pager 6666 as the high so far today

london rb 13:16 GMT January 20, 2004 Reply   
any ideas out there where we r heading in usdjpy? have to say still favour shorting for lower isde, but heard mix of good names buying usdjpy today..

hk ab 0.88 13:13 GMT January 20, 2004 Reply   
just from interest, place order sell nzd .6666 see if it can be filled before Monkey.

hk ab 0.88 13:12 GMT January 20, 2004 Reply   
jf, how large, approx. is that eur bond purchase from Jap?

GER ad 13:12 GMT January 20, 2004 Reply   
EUR/JPY out at 134.42

SA Bok 13:11 GMT January 20, 2004 Reply   
Sorry time frames messed up BOC in 50 min .. market seems intent on taking out stops .. GL all

Ldn 13:11 GMT January 20, 2004 Reply   
Van Gecko your view on Dollar please .

Hialeah Fxdomi 13:10 GMT January 20, 2004 Reply   
staying short EUR/USD? or exit trades here
any expert please advise me

Brussels shrimp 13:02 GMT January 20, 2004 Reply   
Good day to you ,now that the � bounced from 1.2335 200 pips ,imho "figerspitz "feeling could see the $ again in the 1.2350 area,the yen should correct same time vs. �- so long $ & yen from here with s/l at 1.2570,135.0 gl .

Moscow Hawk 13:01 GMT January 20, 2004 Reply   
USD/JPY once again managed to hold below 107.70 and as I pointed before it could be pivotal for today. I am sure that new low for the day will be unexpected surprise for many players around. Will we see such a low? It is early to say but I so far I can not see any reason (while below 107.70) why we not.

Alicante RTN 13:01 GMT January 20, 2004 Reply   
BOJ is fighting hard to keep the usdjpy within striking distance of resistance at 107.70, but will undoubtedly fail.

BOJ was late in selling yen and may have misjudged the length of the one week correction of the major currencies (along with many others).

Usdjpy is a good m/t short here with s/l above 107.70 (or better 108.20).

All imo

beijing road 12:53 GMT January 20, 2004 Reply   
melbourne farmacia: DO you think it is reasonable to hold usd short position from now to Feb 6? Thanks.

Bandung Dewan 12:53 GMT January 20, 2004 Reply   
Mas Raden,
where should eur/usd stop correction today?

Melbourne Qindex 12:52 GMT January 20, 2004 Reply   
Spot Gold : Current rate 409.8 / 410.3

Melbourne Qindex 07:04 GMT January 19, 2004
Spot Gold : My 5-day cycle charts indicate that the market is going to trade between 402.6 - 410. Projected supporting and resistant point is expected at 395.2 and 413.7 respectively.

Spot Gold : The upper barrier of my daily cycle is positioning at 410.8 // 412.6 and the lower barrier is expected at 403.6 // 405.4.


... 403.6 // 405.4, 407.2, 409, 410.8 // 412.6 ...

melbourne farmacia 12:48 GMT January 20, 2004 Reply   
Bucharest Razvan 14:16 GMT January 19, 2004
Welcome home Razvan & good trades in 04

SA Bok 12:44 GMT January 20, 2004 Reply   
BOC in 15 min maybe cut will derails USD fall today ..

GER ad 12:34 GMT January 20, 2004 Reply   
Short EUR/JPY at 134.87 S/L over 135.30 ( over 135.50 better)

GVI john 12:31 GMT January 20, 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/$ 1.2505�$/yen 107.50
DJIA +25 pts� 10-yr 4.03%, +1 bp
PERSONAL OPINIONS:
For a broad range of opening levels click on GVI�s �Market Snapshot�:
CLICK HERE
I must admit that I am surprised at how readily the eur/$ responded to jawboning by the ECB and European officials. I think it is because the dollar was heavily oversold. My best guess now is that this condition has been corrected. I see no reason to turn bullish dollars at these levels. That means that it might be that the dollar is near a local low. For now we are in a two-way market until the next catalyst for dollar selling comes along.

As for the ECOFIN outcome some are focused on the group�s call for forex stability, but have overlooked the dropping of the call for a �strong euro� from the latest statement. A weaker German ZEW index is not surprising given that this is a survey of fund managers who are tend to be in tune with developments in the financial markets (including the euro). I�m not sure what to do with this survey.

UK December HICP inflation was +1.3% y/y. The BOE target for HICP is 2.0% yr/yr. If the Bank of England has completely switched over to this measure for monetary targeting, it will be very hard to explain a rate increase if such is contemplated for February as many expect.

The Bank of Japan today eased monetary policy Monday by increasing is Monetary Reserves (Current Account Balances) to a range of Y30-35 tln from Y27-32tln). We had flagged this risk in GVI �Research�. �The Bank of Japan will meet next on January 19/20. With the target rate for overnight funds already zero, rates cannot be lowered, but there is a risk that the BOJ could increase bank reserves. � WE also saw reports of covert intervention today. This is preparation for the February 6-7 G7 FinMin meeting in Boca Raton.

Today sees the Bank of Canada policy decision at 14:00 GMT. Recent speculation in favor of a 25 bp rate cut has intensified. The one month BA rate eased to 2.53% (middle) on Monday from 2.72% about ten days ago. This means that cash markets in Canada have virtually fully priced in a rate cut. No major data are due from the U.S. today. I see no forex market implications from the outcome of the State of Iowa Democratic candidate selection. The State of the Union speech by the President tonight is largely a political address.

CALENDAR
TUESDAY, JANUARY 20, 2004
14:00 GMT- CDA- Bank of Canada Rate Announcement

WEDNESDAY, JANUARY 21, 2004
23:30 GMT- AUS- November Leading Economic Index
07:45 GMT- FRA- Dec final CPI: vs. preliminary +0.1%, +2.2% y/y
09:30 GMT- UK- Jan 7-8 Bank of England Policy Committee meeting minutes
11:00 GMT- EUR- Dec finalized Harmonized CPI: vs. preliminary +2.1% y/y
12:00 GMT- US- MBA Mortgage Finance Index
13:30 GMT- US- Dec Housing Starts: vs. 2.070 mln units in Nov
14:30 GMT- US- API/DOE Weekly Energy Inventories
13:30 GMT- CDA- November Manufacturing Shipments

THURSDAY JANUARY 22, 2004
01:30 GMT- JPN- 20-yr JGB Auction
EUR- ECB Governing Council meeting: non-monetary policy agenda
13:30 GMT- US- Weekly Jobless Claims
15:00 GMT- US- Dec Leading Economic Indicators: vs. +0.3% in Nov
12:00 GMT- CDA- December CPI

FRIDAY, JANUARY 23, 2004
23:50 GMT- JPN- November Tertiary Activity
09:30 GMT- UK- Dec Retail Sales: vs. +3.7% y/y in Nov
09:30 GMT- UK- 4Q03 preliminary GDP: vs. +0.8%, +2.1% y/y in 3Q03

beijing road 12:26 GMT January 20, 2004 Reply   
what a crazy market ! i can't beleive my eyes.

Dallas GEP 12:25 GMT January 20, 2004 Reply   
Short EUR/USD 1.2524 with fairly tight stop.

ln 12:23 GMT January 20, 2004 Reply   
Melbourne Qindex. You are great. Is there any chance you can help with my sex life as well?

London R J 12:17 GMT January 20, 2004 Reply   
thanks hk revdax, thanks indonesia solo

Indonesia Solo raden_masandi 12:10 GMT January 20, 2004 Reply   
revdax hk.
great call.
hatts off.

hk revdax 12:05 GMT January 20, 2004 Reply   
London R J 11:57 GMT//GBP is making a top tomorrow. That is all you need to know. If you think the news floating around could help you or anyone you are asking 'quantify' the magnitude of the move, please feel free to enlighten me. GL

London R J 11:57 GMT January 20, 2004 Reply   
any ideas where cable is headed to say mid week? can it reach 1.84-1.85 levels or is this the right time to buy $ at 1.8029, also is the u.s likely to raise concern about the weak $ at the G7 meeting? any wiews are highly appreciated

hk ab 0.88 11:53 GMT January 20, 2004 Reply   
close eur/chf long from 1.5625 here, almost 100 pips. not bad.

hk ab 0.88 11:50 GMT January 20, 2004 Reply   
nt, just short one more eur at 1.2510 let's see.

simply we seldom see 5 consecutive day red candle.

but the boj does a lot of help.

my breakeven stop saves my life in the eur/jpy short.

hk revdax 11:49 GMT January 20, 2004 Reply   
The sentiment of Macau indicator seems to suggest further selling of $ regardless of whatever 'fundamental' development....fwiiw.

Sydney2 11:49 GMT January 20, 2004 Reply   
Tallinn viies
Thank you very much for your nice call today. I longed euro at 1.2450. Do you think I should hold my positions for euro to touch new highs in next few weeks or take profit at some levels? Your suggestions would be very much appreciated.

Melbourne Qindex 11:48 GMT January 20, 2004 Reply   
Melbourne Qindex 04:40 GMT January 16, 2004
EUR/USD : the trading reference of my 44-day cycle is as follow :-

... 1.1882* // 1.2009, 1.2136*, 1.2263, 1.2389*, 1.2516, (1.2643*, 1.2770 // 1.2897*) ...

Dallas GEP 11:48 GMT January 20, 2004 Reply   
Closed a GBP long @ 1.8073 from entry 1.8040

Brisbane L 11:46 GMT January 20, 2004 Reply   
The bias for AUD/USD remains to the downside and 0.7530 in the first level to watch, says ABN-Amro. Below there 0.7510 comes into play and a breach points to possibility of 0.7460 being tested. APP

slv sam 11:35 GMT January 20, 2004 Reply   
just in case, will sell euro at 1.2515 and more at 1.2550 s/l 1.2640.GT

ICT ML 11:34 GMT January 20, 2004 Reply   
jf...probably

beijing road 11:32 GMT January 20, 2004 Reply   
If cable can closes above 18020 level today, it is a daily reverse signal to me. Maybe buy into 1.79-1.7950 is a good bet.

sarasota jf 11:30 GMT January 20, 2004 Reply   
ict- ml - look at 72 m.a on hourly - eurusd already broken - gbp next ?

Melbourne Qindex 11:28 GMT January 20, 2004 Reply   
Melbourne Qindex 22:47 GMT January 18, 2004
GBP/USD : My 5-day cycle charts indicate that the market needs to stablize in 1.8010 - 1.8158 otherwise the expected trading ranges would be 1.7734 - 1.7838 - 1.7942 in the next few days.

beijing road 11:26 GMT January 20, 2004 Reply   
EUR/JPY long at 132.53 seems good now. Trail the stop to 132.80 .

beijing road 11:22 GMT January 20, 2004 Reply   
All the short gbp position has been stopped out at 17930 with 100pips profit (2 lots). And now has cable long position at 1.7944 with stoploss at 1.79 and open target.

ikabod_25 11:21 GMT January 20, 2004 Reply   
just wondering whether the high as of today in this month of january will be the starting point of the huge correction and i mean really HUGE b4 the 1.4000 final surge . i also recall the cyclical theory that " the break of january high is considered BULLISH" so we really have to watch closelly whether the high this month shall be violated then we long .......at the moment im backing the shorties!!gt

sarasota jf 11:19 GMT January 20, 2004 Reply   
viees - 1.2612 area target ? seems so

beijing road 11:19 GMT January 20, 2004 Reply   
Most times I will like to be a foolish simple- minded trader. In case of current market, I like to assume that us dollar downside movement has resumed.So my strategy is short usd dollar within accepted risk. Just a newbie thought.

Dallas GEP 11:19 GMT January 20, 2004 Reply   
Well looks like posible test of session highs on Euro and Pound is in the works here

sarasota jf 11:18 GMT January 20, 2004 Reply   
japanese indicating euryen demand for real money bond purchases

Algarve Box 11:13 GMT January 20, 2004 Reply   
The more hilarious 4cast I ever see. As you know the Germany ZEW is leakproof since November. See yourself the genial 4casts:
"09:13 - ... Rumours of the ZEW survey breaking 80 on the topside will also help, though may be of more interest as this is only the third survey since the introduction of a 'leakproof' release system.
09:46 - FX NOW! EUR/USD Flows/Buzz - 'Leakproof' ZEW rumoured to be 81.0!
09:54 - ZEW rumour climbs to 90! Any advance????
05:04 - EUR DATA NOW! Germany Jan ZEW survey records only 2nd decline over past 12 months.
The German ZEW expectations survey declined to 72.9 in Jan..."

Can we call this... 'fuzzy analisys'... or 'leakproof 4cast'?
;)

nyc beyonding_destiny 11:11 GMT January 20, 2004 Reply   
A triangle might form on daily chart of Cable, Gbp/yen and Euro..

london rb 11:11 GMT January 20, 2004 Reply   
re usdjpy..yes think we r now looking to try 108 level, strong resistanc at last week high of 108.30...dutch bnk was large buyer of usdjpy...

hk revdax 11:10 GMT January 20, 2004 Reply   
Athens 09:10 GMT January //Does it mean that we should turn long $/CHF after booking the profit at around 1.2600?

slv sam 11:04 GMT January 20, 2004 Reply   
bad luck for euro sellers waiting at 1.2550!GT

slv sam 10:59 GMT January 20, 2004 Reply   
$/y at 108 level soon IMO.GT

ICT ML 10:50 GMT January 20, 2004 Reply   
well guys, I see a perfect 200 odd pip range forming on euro and cable.......1.2480 (previous support) to 1.2320 and 1.8020 (previous support) to 1.7820......we'll see if the tops hold the next few sessions or not.....

enjoy it while it lasts

London MJM 10:41 GMT January 20, 2004 Reply   
PAR// The UK is a country which neglected its infrastructure and public services for over 20 years. You have trade deficit, account deficit and a housing bubble. The econmy runs on consumption based on credit card debt.. If you talk about good employment figures, look at average salaries and you will see that pay lvls. (compared with Germany & France) are low. Wherelse do you pay Pounds 2.- for a tube (underground) trip in the city?

Dallas GEP 10:40 GMT January 20, 2004 Reply   
Hmmm..... Looking at different time periods, action indicates indecisiveness due to mixed signals.

Indonesia Solo raden_masandi 10:40 GMT January 20, 2004 Reply   
maybe can help you.
eur/usd if before 45 minutes from now there is candle 5 minutes close below 1.2433 , that's good for toll free at first station (minor) at 1.2385

ikabod_25 10:39 GMT January 20, 2004 Reply   
imho usdjpy is headed south and most likely targetting the 100.00 level so be very careful on the long side of the market!

Nottingham 10:37 GMT January 20, 2004 Reply   
Agree with Hong Kong nt 10:32 GMT and Tallinn viies 10:25 GMT...looking for retrace to 1.2560/80 were short looks good with stop over 10 day sma (which tomorrow will be under 1.26) gl gt

Cairo MDR 10:36 GMT January 20, 2004 Reply   
any recommendations for the target for my eur$ short..from 2475
TIA

Indonesia Solo raden_masandi 10:36 GMT January 20, 2004 Reply   
first station at 1.2385 and from 1.2500 area that's confirmation to get lower than yesterday low (?)
I am curious 1.2215

PAR 10:33 GMT January 20, 2004 Reply   
UK is country with highest interest rates, highest inflation and lowest unemployment.This proves that high inflation and high interest rates are good for the job market.

Hong Kong nt 10:32 GMT January 20, 2004 Reply   
Tallinn viies 10:25 GMT -- same views, 10-day ma, 50% retrace...good trades

Tokyo Jon 10:28 GMT January 20, 2004 Reply   
going to dinner, bfn

ICT ML 10:26 GMT January 20, 2004 Reply   
GEP. I sold into the trend line, but might have been a tad premature...don't know yet........but signals are for a big move down ( or a bigger move up) depending on how I read them.....

Tallinn viies 10:25 GMT January 20, 2004 Reply   
good day all
euro just touched falling trendline near 1,2485/90.
second attempt should be successive and bring it up to 1,2550 at least. personally I favour 1,2610/15 level more.

Dallas GEP 10:24 GMT January 20, 2004 Reply   
Trading GBP/JPY is like trying to approach the sun to attempt to take temperature readings, you KNOW at some point in time you are going to get burned, you just don't know WHEN!!!! LOL At least it's been that way for me!!!

ML, GBP starting to look very bearish to me. Stoch needs to turn.

Indonesia Solo raden_masandi 10:21 GMT January 20, 2004 Reply   
yeah.. hope now for me. usd bull. ;-)

ICT ML 10:21 GMT January 20, 2004 Reply   
Morning GEP buddy..hope all is well..yeah they assigned a "DEALER" to me one time and took us off the AUTO FILL when we were really kicking their asssss.....so I was trying to fight the market AND the broker at the same time...LOL

Brisbane L 10:20 GMT January 20, 2004 Reply   
SA Bok too true, but they always get found out in the end, but if it helps them off load bad positions who give a censored

SA Bok 10:10 GMT January 20, 2004 Reply   
Brisbane L 10:05 GMT - May Porkies told today I do believe ..
Bomb Washington .. ZEW ... mate if you have the clout and the rumour at your advantage off you go .. and you have the ECB and Euro CB clowns in your favour ... GL all

Tokyo Jon 10:10 GMT January 20, 2004 Reply   
ICT ML, thanks, its nice to be back both on the forum and in tokyo.

The gbpjpy is steadily climbing and is heading 194.70 but not liking to enter another lot now as it has already made good moves today. Expecting an entry around 192.80ish. This is only my interpretation based on my trading model.

slv sam 10:09 GMT January 20, 2004 Reply   
that is it for the euro..enjoy the ride down to 1.22!GT

Dallas GEP 10:09 GMT January 20, 2004 Reply   
Morning Friends. Waiting, anticpating. For what I am not sure!!! LOL Have been scalping but platform provider does not like it. Hellll, it's HIS feed not mine!!!!

sarasota jf 10:08 GMT January 20, 2004 Reply   
it taken days to move to the lows in eur and gbp i doubt the correction lasts just a few hours

Indonesia Solo raden_masandi 10:08 GMT January 20, 2004 Reply   
Tokyo Jon 09:44 GMT January 20, 2004
hello Jon.
nice to see you back again . have longtime no meet here.:-)

Brisbane L 10:05 GMT January 20, 2004 Reply   
German Jan ZEW Econ Expectations Index 72.9 Vs 73.4 Dec
somebody been telling porkies

SA Bok 10:05 GMT January 20, 2004 Reply   
So much for a 80+ Zew

Cairo MDR 10:03 GMT January 20, 2004 Reply   
Ger ZEW index???
Tia

GENEVA FHR 10:03 GMT January 20, 2004 Reply   
ZEW 72.9

ICT ML 09:52 GMT January 20, 2004 Reply   
Jon....nice to see you back.......

well, I love the GBP/JPY too.....but caught twice by BOJ interventions in Dec, so left it alone lately......but if you would let us know your BUY signals and entry on it, I'm all ears! That thing is a CASH COW when on the right side of it.....LOL

Tokyo Jon 09:44 GMT January 20, 2004 Reply   
gbpjpy, having reached my midterm target early at 193.20 should see a slight down move again until reaching my next level

madrd val 09:44 GMT January 20, 2004 Reply   
IC thanks vm Athens, I also think is a difficult task. Just thinking Eurjpy maybe affected by pre G7 adjustements.

ICT ML 09:42 GMT January 20, 2004 Reply   
I mean that the down trend line from the start of the correction if at 1.2490 area, and if it holds, euro will go down again. But there is no hurry on my part to short it again just yet.

Ina* mr.co'z 09:42 GMT January 20, 2004 Reply   
ICT ML 09:34 GMT January 20, 2004
yes !

Sydney2 09:38 GMT January 20, 2004 Reply   
ICT ML , You meant euro will up or down from current price?

Vilnius george 09:35 GMT January 20, 2004 Reply   
UK ECON: December CPI +0.4% M/M, +1.3% Y/Y]

Athens 09:35 GMT January 20, 2004 Reply   
madrd val, on my techs $/JPY is pointing up but, in all honesty, I have given up trading for many weeks as i8t clearly has become a 100% BOJ game. Technically I have a resistance at 107.80 and strong the zone 108.25-50. Support 106.70-75, 106.45-50.

ICT ML 09:34 GMT January 20, 2004 Reply   
cable is on trend line too......will have to sit on hands for a bit....LOL

Cairo MDR 09:33 GMT January 20, 2004 Reply   
any news about UK cpi
TIA

Kaunas DP 09:31 GMT January 20, 2004 Reply   
shall we wait for Germany data
eur/usd will come back after it

madrd val 09:30 GMT January 20, 2004 Reply   
Athens, do you have a view on Usdjpy pls?

ICT ML 09:29 GMT January 20, 2004 Reply   
ATHENS, well, I had said all along that the selloff would stop at 1.2350 and we'd see a bounce on Friday NY afternoon.....but since it didn't bounce, I kind of gave up on it until London came in today and it seemed to be bid..........oh well. Looking to sell into this trend line now in a few hours if it holds

Athens 09:25 GMT January 20, 2004 Reply   
ML, very well done (and even better:-)) as EUR/CHF moved in favour of the EUR. As I had pointed out yesterday EUR/$ 1.2310-20 was a huge support for many technical reasons. Other participants also posted a similar view (Talin viies was one for sure).

ICT ML 09:21 GMT January 20, 2004 Reply   
Athens...NICE CALL and trade on the @swiss contra there. took a long euro instead on my end...but same effect.

Athens 09:10 GMT January 20, 2004 Reply   
Re my trading suggestion yesterday:
Athens 09:17 GMT January 19, 2004
The $/CHF contra (short) at the high 1.26's is a typical case of those I call "a profit or money back". Even if it overshoots more, the entry level should be soon seen again and again. According to my estimations, this should be good for at least another 48 hours. Good luck.

Indeed it proved a "profit or money bacl" case. Since it was meant as a contra trade (not a holding position), better book your profit now around 1.2600 plus/minus.

prague mark 09:09 GMT January 20, 2004 Reply   
this bomb will knock eur/usd to 1.2 soon :)

Ina* mr.co'z 09:09 GMT January 20, 2004 Reply   
keep watching eur/usd at 1.2470 correction..if not break maybe still climbing. gl...

Hong Kong nt 09:08 GMT January 20, 2004 Reply   
HK AB -- present rebound from 1.233 may run further until encounter resistance at 50% retracement, 10-day ma, 20-day ma...

Brisbane L 09:06 GMT January 20, 2004 Reply   
wild rumor rippling around the FX mkt of an explosion in Washington is said to be the reason behind the USD fall.no substance to such talk but the EUR/USD has spiked 35 ticks to 1.2490. Dealers suggest that this talk may be an excuse to talk up the EUR for those who want to get out of long positions.

reuters

ICT ML 09:06 GMT January 20, 2004 Reply   
euro and Swiss at trend lines now..........going to TP now on longs and play a break if it don't make it through soon

Ldn pm 09:05 GMT January 20, 2004 Reply   
Vague rumours of bomb in Washington driving Eur/$ higher - anyone any further info ?

Stockholm za 09:04 GMT January 20, 2004 Reply   
hk revdax The Macau indicator Has been flat for the last few months. And you must be very careful when use-ing it, eg:-
Fwiw.. GV/FF sentiment on EUR/USD Today:-

Bulls = 11 %
Rats = 74 %
Bears = 15 %

It is a very unreliable index and should be avoided.. GL/GT

Indonesia Solo raden_masandi 09:04 GMT January 20, 2004 Reply   
SA Bok.
mate.. I hope like that too.
if eur/usd at 1.2503(max) maybe eur/usd will help my position.

prague mark 09:03 GMT January 20, 2004 Reply   
do we have data - TIA

SA Bok 09:03 GMT January 20, 2004 Reply   
The bidder from my post earlier won as can be seen ... so US Banks are the buyers today ...

SA Bok 09:02 GMT January 20, 2004 Reply   
Well Bulls are squeezing the nuts ... and enjoying it .....
Indonesia my mate , got to hold tight on all fronts today ..
and Nottingham said yday calls for 1.1500 odd ... today 1.3000 odd .. and the Fin Min said dont like volatility and yet they have it ... got to love this game ...

slv sam 08:58 GMT January 20, 2004 Reply   
maximum correction is 1.2510/15 IMHO and then DOWN again. for now sell strategy is more profitable again IMHO.GT

HKT PS 08:54 GMT January 20, 2004 Reply   
hk revdax 08:44 GMT January 20, 2004
HKT PS 08:24 GMT //A Macau indicator is a contrarian one.

Could you please explaine little bit more!
Thank you.

ICT ML 08:52 GMT January 20, 2004 Reply   
this is a critical level on cable I think, testing a previous support line pretty hard, and it breaks, see 1.8020 today maybe

hk revdax 08:44 GMT January 20, 2004 Reply   
HKT PS 08:24 GMT //A Macau indicator is a contrarian one.

chicago jack 08:41 GMT January 20, 2004 Reply   
on the 30 minute chart, from 1/16 to today, I see 3 distinct attempts to break 1.2330. The middle one being the head, it is not very clear but shows several failed attempts at lower levels.

Indonesia Solo raden_masandi 08:39 GMT January 20, 2004 Reply   
Sa Bok.
my clients here decide to on position of eur/usd sell and be add buy on usd/chf and get 1.2625 (2 lot) for target 1.2700

Cairo MDR 08:36 GMT January 20, 2004 Reply   
chicago jack 08:30
on which chart do u see the h&s formation?
TIA

Tokyo Jon 08:33 GMT January 20, 2004 Reply   
Moscow Hawk, could be true but then the gbpjpy down trend would continue also. IMO 192.00 seems to be the pivotable factor and should keep USDJPY trading higher or atleast range bound

SA Bok 08:33 GMT January 20, 2004 Reply   
Indonesia Solo raden_masandi 08:28 - EURUSD trade at 1.2415 and below still open or stopped .. TIA

SA Bok 08:31 GMT January 20, 2004 Reply   
Interesting ...watching two broker feeds here .. worth to note one is 46-51 EURUSD other 49-54 .. price basically 49-51 in real world (EBS etc) .. both brokers have different liquidity suppliers ...
Seen this happen quite a lot lately and all I have to master is pck who is correct , like the bidder or the offerer .. master than and I could make a few pennies ...LOL

chicago jack 08:30 GMT January 20, 2004 Reply   
seems like a reverse head and shoulders on the euro.

Indonesia Solo raden_masandi 08:28 GMT January 20, 2004 Reply   
hk Revdax.
I get learning from you today. thanks.
I hope my position still survive. I have buy usd/chf at 1.2625 to get 1.2700(2 lot)

Nottingham 08:26 GMT January 20, 2004 Reply   
hk revdax 08:18 GMT

Yep...talk of 1.10/1.14/1.20 yesterday...today we'll hear 1.30...just as important to dismiss talk of the latter as it was to do so of the former yesterday imo...gl gt

HKT PS 08:24 GMT January 20, 2004 Reply   
hk revdax 08:18 GMT January 20, 2004
AIMVHO ... watch the change of Macau sentiment in this forum or in any other fx forum, one will get a pretty good idea whether or not to go long or short $.


What is the Macau sentiment now?

Melbourne Qindex 08:23 GMT January 20, 2004 Reply   
Melbourne Qindex 07:04 GMT January 19, 2004
Spot Gold : My 5-day cycle charts indicate that the market is going to trade between 402.6 - 410. Projected supporting and resistant point is expected at 395.2 and 413.7 respectively.

Spot Gold : The upper barrier of my daily cycle is positioning at 410.8 // 412.6 and the lower barrier is expected at 403.6 // 405.4.


... 403.6 // 405.4, 407.2, 409, 410.8 // 412.6

slv sam 08:22 GMT January 20, 2004 Reply   
almost 110 pips from bottom in euro/$ is enough correction IMHO! prepare now for 1.2190 soon.GT

Moscow Hawk 08:20 GMT January 20, 2004 Reply   
Jon, I think good chance that we will see 106.30-60 again in USD/JPY while it holds below 107.70.

Good luck

hk revdax 08:18 GMT January 20, 2004 Reply   
AIMVHO ... watch the change of Macau sentiment in this forum or in any other fx forum, one will get a pretty good idea whether or not to go long or short $.

SA Bok 08:10 GMT January 20, 2004 Reply   
My two cents worth of Tech advise ....
On Dailys .. 1.2320 Fibo and Lower BB holds = (shorts frustrated) .. 5 ma 1.2409 then taken out and trade and over shoot to 1.2460 .. 1.2460 goes 1.25+ could be seen ..

a BREAK below 1.2409 negates above and we target 1.2320 again .. AIMVHO

nyc 08:03 GMT January 20, 2004 Reply   
euro should fall or rise without retracements and in a straight line?
euro made a base and rise, after a good fall , its normal, its market.

Brisbane L 07:58 GMT January 20, 2004 Reply   
Does this mean the Dollar raly is over ?

Tokyo Jon 07:58 GMT January 20, 2004 Reply   
usdjpy retracting nicely to 107.10 building a support at this level.

gbpjpy still struggling to break 192.30, getting ready to support the usdjpy and carry through towards 193.20 during the next couple of sessions

CH CH 07:55 GMT January 20, 2004 Reply   
sell @1,2500

SA Bok 07:54 GMT January 20, 2004 Reply   
or its a case of more buyers than sellers and we are wrong .. thats FX

SA Bok 07:49 GMT January 20, 2004 Reply   
All us EUR sellers got to hold our Nuts again for a while ...

Indonesia Solo raden_masandi 07:49 GMT January 20, 2004 Reply   
hk Revdax.
thanks.

MONACO OGA 07:49 GMT January 20, 2004 Reply   
FX UPDATE 20/01
Good morning,

***EUR***
EUR/USD (Currently 1.2390), 20 pips lower than on yesterday opening. The pair consolidated inside 1,2345-1,2400 in a pretty quiet market with the US closed. For today, 1,2350 should provide again enough support for a rebound to 1,2420 and then 1,2500. Crucial support zone stands at 1,2310-30, penetration of latter level implies a new medium term target at 1,1970. However, we still believe in the uptrend yet, the pullback so far has been technical and does not endanger the move. Long term target still is around 1,3500.

Data out today:
UK CPI Y/Y Dec expected 1,2% 09.30 GMT
GER ZEW index Jan expected 73 10.00 GMT
EZ ind prod M/M Nov expected 0.5% 11.00 GMT
CAN BOC rate expected unchanged at 2,75%

Gold around 407,00 , with WTI February at 35,13.

***JPY***
Usd/Jpy (currently 107,30), hedging higher after surprise BOJ easing and renewed official comments concerning FX levels. New support currently stands at 106,50 while resistance should emerge at 107,80 where exporters offers are related.EUR/JPY (133,20) following USD/JPY price action. Trading range for today : 132,50-134,00.

***GBP***
Cable (currently 1.7890) printed 1,7820 and is looking to have found a bottom there. We expect the pair to rebound today and to test 1,8000 resistance.
EUR/GBP (0.6930), we are looking for a 0,6915-0,6950 range today. For the medium term we still favour the downside.
Have a nice day,

Olivier

SA Bok 07:46 GMT January 20, 2004 Reply   
Market Running weak shorts just before London ... IMHO

hk revdax 07:42 GMT January 20, 2004 Reply   
Indonesia Solo raden_masandi and hk ab//If you want to know whether or not it is better to go long or short on $, all you need is to count the number of Macau participants in this forum.

Hong Kong nt 07:42 GMT January 20, 2004 Reply   
HK AB -- euro seems to correct back to 20-day ma, like to sell at 1.2450-1.2500...

Sydney2 07:41 GMT January 20, 2004 Reply   
shorted euro at 1.2415, hope it will move downwards!

melbourne farmacia 07:41 GMT January 20, 2004 Reply   
If euro's going to down again, look for 1.2437 as shorting zone. If not try 1.2500 ish.

Melbourne Qindex 07:40 GMT January 20, 2004 Reply   
Melbourne Qindex 07:39 GMT January 19, 2004
EUR/USD : The current expected trading range from my 3-day cycle is 1.2350 - 1.2445. The trading reference after expansion is as follow :-

... 1.2256* ... // 1.2350* - 1.2374 - 1.2398 - (1.2422) - 1.2445* // ... 1.2539 ...

Ina* mr.co'z 07:39 GMT January 20, 2004 Reply   
resistance eur/usd at 1.2421 ..imo

Indonesia Solo raden_masandi 07:37 GMT January 20, 2004 Reply   
sydney..
have given nice level for sell at 1.2415.

hk ab 0.88 07:36 GMT January 20, 2004 Reply   
short eur 1.2415

hk ab 0.88 07:36 GMT January 20, 2004 Reply   
short eur 1.2415

hk revdax 07:34 GMT January 20, 2004 Reply   
2004 is going to be the year of the monkey. Since monkeys jump around, it is therefore reasonable to expect the financial mkts, including the fx one, are going to be volatile too.

Any comment for my quasi-scientific analysis.

Indonesia Solo raden_masandi 07:33 GMT January 20, 2004 Reply   
Hk Revdax.
LOL :-)
I have plan to entrty sell..and fact price move high..and then in fact finally get sell position at high level. LOL for hoping .
In my strategy..I use not with one shoot one kill trade. to get right direction for first entry is difficult.
that's my tactic..maybe not must be followed.

Sydney2 07:31 GMT January 20, 2004 Reply   
raden_masandi , short euro at 1.2400?

Melbourne Qindex 07:31 GMT January 20, 2004 Reply   
GBP/USD : It is negative for GBP/USD if EUR/GBP is rejected from the upper barrier of my 3-day cycle at 0.6928 // 0.6946.

hk ab 0.88 07:31 GMT January 20, 2004 Reply   
DROP said, exit the nzd shorts and enter eur short at 1.24 handle.

Melbourne Qindex 07:29 GMT January 20, 2004 Reply   
Melbourne Qindex 11:08 GMT January 19, 2004
EUR/GBP : My 3-day cycle charts indicate that the upper barrier is located at 0.6928 // 0.6946 and the lower barrier is expected at 0.6859 // 0.6876.


... 0.6824 ... 0.6859 // (0.6876), 0.6894, 0.6911, 0.6928 // 0.6946 ...

Melbourne Qindex 10:55 GMT January 19, 2004
EUR/GBP : The current expected trading range from my 44-day cycle reference is 0.6871 - 0.6933.

hk revdax 07:28 GMT January 20, 2004 Reply   
Sydney2 07:16 //...or euro jumps ... monkey jumps...

hk revdax 07:25 GMT January 20, 2004 Reply   
Sydney2 07:16 //short term trading needs no reasons.

hk ab 0.88 07:24 GMT January 20, 2004 Reply   
put a break even s/l for eur/jpy short, don't want to risk.

Indonesia Solo raden_masandi 07:24 GMT January 20, 2004 Reply   
Hk Revdax.
I try to help members here if agree with my information of view. I will try help my friends here about my signal.
I try to give information of habit of price(in my research) ifprice move on the sell signal.. better be againts (averaging strategy),
I still not thingking price move high is Asian market that's mean price will get the trend up.
IMO...better againts..to get highest level for selling.
I still report the fact and prediction (both).

Melbourne Qindex 07:21 GMT January 20, 2004 Reply   
GBP/AUD : The market fails to overcome the upper barrier of my daily cycle at 2.3666 // 1.3757. It is not good for GBP/USD.

Melbourne Qindex 03:04 GMT January 20, 2004
GBP/AUD : The critical point of my daily cycle is located at 2.3484. The daily cycle normal trading range is 2.3393 - 2.3666.


... 2.3393 // 2.3484*, 2.3575, 2.3666 // 2.3757 ...

Melbourne Qindex 02:51 GMT January 20, 2004
GBP/AUD : The trading reference from my 44-day cycle is as follow :-

... // 2.3214* - 2.3385 - 2.3556* - 2.3727 - 2.3897* // ...

hk ab 0.88 07:19 GMT January 20, 2004 Reply   
right on time eur/jpy.

BOJ, please don't mess it up and it may bottom out nicely after the repatriation.

Sydney Ge11Ja 07:18 GMT January 20, 2004 Reply   
Brisbane

I agree, all the positives in the price, now the weak longs are faced with a few negatives and getting nervous.. might be more action with ny back in tonite.... hearing some good names selling in Sydney today so lets wait n see... im off for dinner

SA Bok 07:18 GMT January 20, 2004 Reply   
Talkiing my small book ... BOJ time .. get exporters to off offers as MKT does seem short .. then call out and drive above 1 st target at 108.30 ... LOL .. GL all
Similar to Friday a few weeks ago ..

Brisbane L 07:18 GMT January 20, 2004 Reply   
It seems the meeting over the Euro yesterday has everyone guessing, nobody really knows what they have up their sleeves.

SA Bok 07:18 GMT January 20, 2004 Reply   
Talkiing my small book ... BOJ time .. get exporters to off offers as MKT does seem short .. then call out and drive above 1 st target at 108.30 ... LOL .. GL all
Similar to Friday a few weeks ago ..

hk ab 0.88 07:17 GMT January 20, 2004 Reply   
rinse and repeat.

Sydney2 07:16 GMT January 20, 2004 Reply   
hk revdax Thanks again
What is the reason to long euro and possible entry?

Melbourne Qindex 07:15 GMT January 20, 2004 Reply   
Melbourne Qindex 07:47 GMT January 19, 2004
EUR/USD : It is negative when the market is rejected from the barrier at 1.2404 // 1.2465.

hk revdax 07:15 GMT January 20, 2004 Reply   
Indonesia Solo raden_masandi 07:13 //Are you reporting a fact or making a prediction? LOL

Melb mpfx 07:14 GMT January 20, 2004 Reply   
chicago jack 06:59 // One of my home made indicators does say it is very oversold, these numbers are all derived from mathematical equation based on market profile. Fwiw I will be a seller around the 1.25xx area IF seen, which is also where the 20 ema comes in........


gt

hk ab 0.88 07:14 GMT January 20, 2004 Reply   
to my best memory,

a lot of european funds have bought nzd under .5 in 2002 fwiw.

Indonesia Solo raden_masandi 07:13 GMT January 20, 2004 Reply   
I remind you.
eur/usd and gbp/usd and aud/usd still on the sell signal..still valid .
usd/jpy and usd/chf still on the buy signal.

hk ab 0.88 07:12 GMT January 20, 2004 Reply   
Irish good afternoon,
which pair you are refering?

Chicago Irish 07:10 GMT January 20, 2004 Reply   
ab:They can remain irrational longer than we can remain solvent :-)

Brisbane L 07:10 GMT January 20, 2004 Reply   
Sydney Ge11Ja a couple of things have been watching , one was the drop in the Rand against the Dollar some 17% ,also the flooding in Western Australia causing stress to the farmers some losing half their stock , cant see the RBA raising rates with that going on , therefore AUD could be looking for the same rout as the Rand had , some newswires have been printing such stuff many old long positions would be cleared out.

hk ab 0.88 07:08 GMT January 20, 2004 Reply   
play shoot duck game 1 lot at 133.30 short.

SA Bok 07:08 GMT January 20, 2004 Reply   
Tokyo Jon welcome back .. Trust all is well ...
Come on USDJPY .. KO those 107.70 offers .. GL all

hk ab 0.88 07:05 GMT January 20, 2004 Reply   
BOJ is repeating mistake in eur/jpy.

Tokyo Jon 07:02 GMT January 20, 2004 Reply   
MELB mpfx, thanks and the same to all

chicago jack 06:59 GMT January 20, 2004 Reply   
MELB mpfx, are you saying that euro is safe to sell from 1.2510, but not at current levels? In other words, are you saying euro is oversold for the short term? TIA.

Sydney Ge11Ja 06:57 GMT January 20, 2004 Reply   
Brisbane

There are some nasty knock-outs at 0.7350 which might attract the AUD ... I think there is a real risk we trade down there

Market still quite long and vulnerable I think

hk ab 0.88 06:56 GMT January 20, 2004 Reply   
may take profits on the eurchf long in these 2 days.

longed from 1.5625.

Brisbane L 06:52 GMT January 20, 2004 Reply   
hk ab thanks ab was looking for low 74 area unless it gets kicked by a fund down to 7350 you never know with the aud once it gets rolling it doesnt stop

hk ab 0.88 06:51 GMT January 20, 2004 Reply   
can't stop from shorting eur/gbp for s/t

Melb mpfx 06:51 GMT January 20, 2004 Reply   
fwiw// Below are some numbers from my system. There are two entries and two sars to cater for different risk profiles.

EUR/USD -
Current Strategy - SELL
Entry Level A - 1.2510
Entry Level B - 1.2548
1st SAR Level - 1.2564
2nd SAR Level - 1.2784

These numbers are valid
for 48hrs from - 0.00am 20-Jan-04

SAR equals Stop and Reverse

GT

Tokyo Jon good to see u posting again, have a good year...

hk revdax 06:50 GMT January 20, 2004 Reply   
Sydney2 06:45 //long euro and short $ over the next 24 hours.

Brisbane L 06:48 GMT January 20, 2004 Reply   
CNBC europe Bill Hubbar says ECB may cut rates, RBA could cut rates, and BOE wont raise rates due to no inflation anywhere nor will the FED

Stockholm za 06:45 GMT January 20, 2004 Reply   
CHF/JPY.......
8557-8528
8498-8489
8450
8411-8401
8372-8342
True Ra ~8594-:-8282
EUR/USD... 1,2463 ...Given
Happy trades....

hk ab 0.88 06:45 GMT January 20, 2004 Reply   
Also, time frame is very important.
IF you frame is 3 months, then, scaling in eur long is nice try.

Sydney2 06:45 GMT January 20, 2004 Reply   
hk revdax , Thanks.
Long euro or long $?

hk ab 0.88 06:44 GMT January 20, 2004 Reply   
maybe buy some DNT option, I guess.

my view is that japanese are taken back a lot of their foreign investment at the moment. You can witness this everyday in the yen crosses.

problem is: if dlr/jpy lifted up, eur/jpy being sold, the net effect is........

Sydney2 06:44 GMT January 20, 2004 Reply   
good chance to short HSI at 13448?

hk revdax 06:44 GMT January 20, 2004 Reply   
Sydney2 06:35 //Stay long ... imo

Sydney2 06:39 GMT January 20, 2004 Reply   
hk ab
What is the good strategy for trading euro/$ at moment?

hk ab 0.88 06:37 GMT January 20, 2004 Reply   
To all experts,

do you think canada will cut today? comments welcome.

Tokyo Jon 06:36 GMT January 20, 2004 Reply   
usdjpy may trade in a narrow channel but needs to return to 107.10 before pushing upwards, and make this resistance at 107.40's form a supporting basing for its next attack towards 108.30, this is only my interpretation and who knows what mof does these days.

hk ab 0.88 06:35 GMT January 20, 2004 Reply   
From Oilman,

UAE Oil man 15:18 GMT December 17, 2003
Shampoo trading mode..New hedging will be done over 1.24..pushing prices higher..Rinse and repeat..



I think this rinse and repeat is on yen crosses now.

Sydney2 06:35 GMT January 20, 2004 Reply   
short euro here at 1.2397? any comments?

Indonesia Solo raden_masandi 06:33 GMT January 20, 2004 Reply   
still plan sell again at 1.2415 if posible.

hk ab 0.88 06:28 GMT January 20, 2004 Reply   
L, fwiw, the DROP expect another leg down before squaring.

But seemingly, he is not anticipating .75 but something lower.

hk ab 0.88 06:26 GMT January 20, 2004 Reply   
Thanks Jon.

Brisbane L 06:24 GMT January 20, 2004 Reply   
BNP Paribas Says HK Economy Vulnerable To US Rate Hike

Ina* mr.co'z 06:22 GMT January 20, 2004 Reply   
cable resistance at 1.7900/05 try..short with S/L at 1.7915..g/l

Tokyo Jon 06:21 GMT January 20, 2004 Reply   
hk ab, yes but have found the gbpjpy more profitable over the last 6 months, had good buy yesterday, 191.40 still waiting to see high 194's before exiting.

will give you my opinion for usdjpy shortly

Lahore Rk 06:20 GMT January 20, 2004 Reply   
Today is the interest rate meeting .and if the Cb cut the rate any impact on can $ mid term like early march we might see the 138 or higher any comment would be of great help

GL/GT

hk ab 0.88 06:18 GMT January 20, 2004 Reply   
Gecko, thought Son of Beatrice will come out soon.

Indonesia Solo raden_masandi 06:17 GMT January 20, 2004 Reply   
especially for eur/usd when at 1.2390
I predict in Europe open price will get selling pressure.
ussually..in this time price should move down suddenly. (IMO)

shanghai bc 06:17 GMT January 20, 2004 Reply   

MUMBAI -- Thanks..Good trades..

REVDAX -- In general,market consolidates 75% of the time while move with direction 25% of the time..So,patience is the key even in trending market..

hk ab 0.88 06:12 GMT January 20, 2004 Reply   
How are you Jon? welcome back!

Are you trading dlr/jpy now? which you are expert in it.

Tokyo Jon 06:10 GMT January 20, 2004 Reply   
hello all,
I am now back in Japan which means I can now rejoin with you guys for a month or so.

hk ab 0.88 06:06 GMT January 20, 2004 Reply   
revdax, if those ECB officials fires more speeches, we will have our wishes a volatile week.
GT.

shorts are pending.

hk revdax 06:02 GMT January 20, 2004 Reply   
hk ab//i think euro/jy is going higher.

hk ab 0.88 05:59 GMT January 20, 2004 Reply   
Revdax, few more days to go......

eur/jpy want to struggle a potent move?

planning the shorts.

hk revdax 05:51 GMT January 20, 2004 Reply   
BC//Why is the mkt so quiet? Is it because the world is getting to be celebrating the coming of the monkey's year? A moneky's mkt is a very active mkt.

SA Bok 05:16 GMT January 20, 2004 Reply   
Det tm 05:13 GMT - Appreciate .. Come BOJ lets take out 108.30 fibo and soem shorts inbetween
Can see talking book .. LOL

mumbai jay 05:14 GMT January 20, 2004 Reply   
BC... Your comments/views are invaluable for long-term perspectives..Thank you

Det tm 05:13 GMT January 20, 2004 Reply   
SA Bok 04:42 GMT

The central bank will announce its decision at 9 a.m. (1400
GMT), and the market is expecting the overnight rate to be cut by 25 basis points. A recent Reuters poll showed nine of Canada's 13 primary dealers expect the central bank will cut its overnight rate by 25 basis points to 2.50 percent on Tuesday (Reuters). GL & GT.

shanghai bc 05:11 GMT January 20, 2004 Reply   

RH -- I am communicating with those boys as I am communicating with you now..Once they stop the intervention now,it may bring down Eur/Jpy,Eur/Usd and Usd/Jpy all together at least some 1000 pips for each pair for a start..But they will never stop,and once 100 line is threatened,more powerful guns will be out for re-enforcement too..The recent rise of Eur/Jpy and Eur/Usd all owe a great deal to BOJ boys too..Not sure how it will all end in the end on euro and Yen fronts though..

hk revdax 05:06 GMT January 20, 2004 Reply   
Indonesia Solo raden_masandi 04:34 //i think what you see is going to be what you get...imo.

Ina* mr.co'z 04:58 GMT January 20, 2004 Reply   
Indonesia Solo raden_masandi 03:57 GMT January 20, 2004
YES...my target gbp/usd at 1.7740, eur/usd at 1.2265 ...imo...!!

Chicago Irish 04:49 GMT January 20, 2004 Reply   
Kuwait:BOJ has shattered the monthly intervention record in just the first 5 days of this month,they are serious and are consistently pushing the envelope on this one

kuwait RH 04:45 GMT January 20, 2004 Reply   
shanghai bc 04:37 GMT January 20, 2004
I am not a fundamentals person. Even then, in which direction do you think EUR/USD would move if BOJ prop for USD stops now?
(I thought BOJ pumped only on 2-3 days, not everyday. Are sure about this continuous pump in by them?)
GLGT

Porto PJT 04:44 GMT January 20, 2004 Reply   
bc , thank you and good trades.

SA Bok 04:42 GMT January 20, 2004 Reply   
What time is BOC rate announcement today ? TIA

shanghai bc 04:37 GMT January 20, 2004 Reply   

PJT -- Good morning..BOJ must have spent some 60 billion Dollars for the last two weeks with intention to spend some trillion Dollars this year if necessary to make sure Yen stays pegged to Rmb/Usd before 31/3 this year..They have to spend some 5-7 billions each day just make sure Usd/Jpy does not fall through 105 and 100 eventually..We may see sub-100 sometime this spring although it may not stay there for long for eventual rise to above 110 and 120 later..Market bias at present is strongly downwards except BOJ's desperate buying each day..Imho..Good trades..

Indonesia Solo raden_masandi 04:34 GMT January 20, 2004 Reply   
be carefull with eur/usd now..(1.2381)
although seem will move up can be as top for today.
in my testing ussually if like that I called "false up" because ussually if price move up on the sell signal..price will adaptation to that signal. so my system still give me information confidence for down of eur/usd.

Brisbane L 04:33 GMT January 20, 2004 Reply   
hk ab just fell asleep sitting here, its these bloody late nights -

Tokyo FXtrader 04:31 GMT January 20, 2004 Reply   
For AUDUSD, I'm almost certain 0.78-0.73 range for a while.
Believe it or not, the market tends to move in the opposite direction shortly after a stop loss order was done for unauthorised trades. (Remember Baring! Ah! forgot about BOJ is now doing something similar which is trying to hold the market by itself. Their loss is just transfered to a better looking profit of those exporter. It's like the Governement giving out cash. Let's punish this behaviou big time,shall we? ...hahaha)

nyc 04:27 GMT January 20, 2004 Reply   
my gut feeling we've seen the lows on $/yen for now ,or near the low ,how about 103.47 for a final low then up to 126 ?

tokyo fxtrader 04:24 GMT January 20, 2004 Reply   
For EURUSD, 1.2305-1.2330 are congested with some serious support. If this fails to hold the lower end of 1.21 will be the next major support. Watch this level at the moment 1.2380. Someone seem to be selling there for something....

Porto PJT 04:20 GMT January 20, 2004 Reply   
shanghai bc , nice to see you around , about usd jpy what range you are expecting market to do?tia.

hk ab 0.88 04:19 GMT January 20, 2004 Reply   
need to ask him, didn't talk to him today.

wait.

Brisbane 04:15 GMT January 20, 2004 Reply   
hk ab 0.88 hi there,
did your friend Drop square his positions now or is he still looking for under 75

hk ab 0.88 04:11 GMT January 20, 2004 Reply   
look at the little kangaroo.

jumped one day after being lame for 5 days?

Sydney Ge11Ja 04:11 GMT January 20, 2004 Reply   
bit I agree with SA Bok..... someone obviously had the heads up from the BOJ on that and that is why market moved yesterday the way it did.... Japan Inc at work again

Sydney Ge11Ja 04:09 GMT January 20, 2004 Reply   
this BOJ move is the first example of one of the G7 doing something about their currency before the G7 meeting in Feb

shanghai bc 04:06 GMT January 20, 2004 Reply   

The father of baby Euro,Robert Mundell,forecasts his baby will peak out sometime this Spring and go as low as 1.05 this year..Father's view on his baby..Fwiw..

SA Bok 04:05 GMT January 20, 2004 Reply   
usdjpy - this mornings up move and lack of reaction to BOJ move this am - increasing money supply basically , smacks of some insiders having the info before hand ..
That said seems USDJPY is bid maybe see 108.30 Fibo resistance break sometime soon .. GL all

Brisbane 04:02 GMT January 20, 2004 Reply   
Spot gold last quoted at $405.80/oz, down 80 cents on Monday's London PM fix in slow Asian trade; volume expected to pick up when U.S. traders return from long weekend. Initial support indicated near $405, but analysts say probes lower possible on any further USD strength. However, much firmer support pegged near $390
Ap

Indonesia Solo raden_masandi 03:57 GMT January 20, 2004 Reply   
Ina Co_z
my stp hangseng at 13.470 be get, but I sell again at 13.490
you gbp/usd down I still believe too.

Melbourne Qindex 03:53 GMT January 20, 2004 Reply   
GBP/USD : My 44-day cycle reference suggests that the market will tackle the barrier at 1.7758 - 1.7772 if GBP/USD is trading below the quantised level at 1.7978.

Melbourne Qindex 11:40 GMT January 14, 2004
GBP/USD : The current expected trading range from my 44-day cycle reference is 1.7978* - 1.8284* - 1.8590*. After expansion of expected trading ranges the trading reference is as follow :-

... // 1.7978* - 1.8131 - 1.8284* - 1.8437 - 1.8590* // ...


There is a great uncertainty that the barrier located at 1.7758 - 1.7772 is strong enough to hold the current downward movement. If it fails to hold the lower trading range at 1.7031 - 1.7525 will be tested.

Ina* mr.co'z 03:47 GMT January 20, 2004 Reply   
Indonesia Solo raden_masandi 03:19 GMT January 20, 2004
Hello..SOLO...all here is fine... 50:50 lol...ok about nikkei... & hanseng...i'll give your views for Panca RO's ...
YOur views is good SOLO ..good LUck for YOU !!..and all of you...

Los Angeles 03:41 GMT January 20, 2004 Reply   
CHF 1.1113
YEN 79.80, however 79.55 was dealt direct.

nyc sa 03:38 GMT January 20, 2004 Reply   
could someone give the all time low on USD/CHF and USD/YEN ? thnx .

Kollam Treasurer 03:34 GMT January 20, 2004 Reply   
As someone who has been lucky to ride the entire downmove from 1.8475 on cable, IMHO cable has satisfied all technical conditions and now is close to the last of trend supports at1.7680-1.7700. This is likely to be tested before 23rd. Technically, crossover of DMI (-), MACD crossover and break of weekly trendline support at 1.7851, indicates we will see 1.7440 in the current downmove. GL to me!!!

Melbourne Qindex 03:31 GMT January 20, 2004 Reply   
Melbourne Qindex 03:31 GMT January 20, 2004
GBP/USD : The current expected trading range from my monthly cycle is 1.7758 - 1.7931 and the mid-point reference is 1.7845. The frequency chart of my weekly cycle also suggests that it is easier for the market to move one step downward to 1.7779 than move one step forward to 1.7966 from 1.7872. Basically the odds are in favour of taking short position when the market is trading below 1.7845 - 1.7872.

tokyo fxtrader 03:28 GMT January 20, 2004 Reply   
GBPUSD today low is likely around 1.7760-80 go long there with 1.7650 stop. Long more ahead of 1.7650.
1st target 1.7930 then 1.8050-1.8100. The expected range of both sides have almost been touched

MIAMI EasyMoneyFX 03:23 GMT January 20, 2004 Reply   
First time here...good evening everyone.....pro trader...look forward to talking with everyone..........

ICT ML 03:19 GMT January 20, 2004 Reply   
something to consider on cable........it is also resting on the daily upchannel line it broke out of around Christmas time. THis either supports it for now, or we see another wild move down to 1.7450 area.........just be careful

Indonesia Solo raden_masandi 03:19 GMT January 20, 2004 Reply   
Ina Co_z
my suggest for index players there..
sell Nikkei at 11.160 tgt 11.050 stp 11.230
sell hang Seng 13.430 tgt 13.350 stp 13.470

still confidence gbp/usd and eur/usd down today?
how is "panca crew?"

Indonesia Solo raden_masandi 03:15 GMT January 20, 2004 Reply   
Ina co_Z
hello..
here get 110 pips Nikkei and 117 pips hang Seng.
Nice day...

Ina* mr.co'z 03:05 GMT January 20, 2004 Reply   
Hi all !..:))

Melbourne Qindex 03:04 GMT January 20, 2004 Reply   
Melbourne Qindex 03:04 GMT January 20, 2004
GBP/AUD : The critical point of my daily cycle is located at 2.3484. The daily cycle normal trading range is 2.3393 - 2.3666.


... 2.3393 // 2.3484*, 2.3575, 2.3666 // 2.3757 ...

Melbourne Qindex 02:51 GMT January 20, 2004
GBP/AUD : The trading reference from my 44-day cycle is as follow :-

... // 2.3214* - 2.3385 - 2.3556* - 2.3727 - 2.3897* // ...

Nassau QF 03:04 GMT January 20, 2004 Reply   
I hate to impose too much on you ML but where do you think is a good stop loss level for current shorts on GBP/USD and EUR/USD?

I currently have 1.2405 on EUR and 1.7895 on GBP

ICT ML 02:59 GMT January 20, 2004 Reply   
Something to consider, is that cable is resting on my targert from Friday now, the 4 hr EMA200 support. A bounce from here is not out of the question. But Euro and $swiss all broke through their 4 hr EMA200 supports yesterday.

I'd be cautious about adding anymore GBP short s now until it bounces a bit....

Ldn 02:58 GMT January 20, 2004 Reply   

New Worm Attacks Windows Computers

http://news.yahoo.com/news?tmpl=story2&cid=1804&u=/washpost/20040119/tc_washpost/a29926_2004jan19&printer=1

nyc jk 02:53 GMT January 20, 2004 Reply   
thanks Raden

Nassau QF 02:47 GMT January 20, 2004 Reply   
You're making me nervous ML :)

ICT ML 02:35 GMT January 20, 2004 Reply   
man, cable 30 min BB's are tighter than I've seen in months right now......what ever it is fixing to do, it will be HUGE IMHO

Melbourne Qindex 02:34 GMT January 20, 2004 Reply   
Basically it is the cross of GBP doing all the tricks.

Indonesia Solo raden_masandi 02:30 GMT January 20, 2004 Reply   
nyc jk.
1.2300, short term trade at 1.2325.
I think high today was be get at 1.2381 only.
still on the nice sell signal

nyc jk 02:25 GMT January 20, 2004 Reply   
raden - what downside target are you looking for in the EUR ?

Melbourne Qindex 02:22 GMT January 20, 2004 Reply   
Melbourne Qindex 07:57 GMT January 17, 2004
EUR/USD : The 44-day cycle will be the key trading reference on Monday. A projected resistant point is positioning at 1.2516. Projected supporting points are expected at 1.2136 and 1.2263. My 5-day cycle reference indicates that a barrier is located at 1.2404 // 1.2465 and the mid-point reference is 1.2435. The odds are in favour of taking short position on rallies.

5-Day Cycle Quantised Levels

... 1.1978 // 1.2039, 1.2100, 1.2161, 1.2222, 1.2282, 1.2343, 1.2404 // 1.2465 ...


Melbourne Qindex 04:40 GMT January 16, 2004
EUR/USD : the trading reference of my 44-day cycle is as follow :-

... 1.1882* // 1.2009, 1.2136*, 1.2263, 1.2389*, (1.2516, 1.2643*, 1.2770 // 1.2897*) ...

Indonesia Solo raden_masandi 01:58 GMT January 20, 2004 Reply   
not to worry..
still no info for change.(still on the right signal(IMO))
I think now is the end of the opportunity to entry.
from here...now..

Indonesia Solo raden_masandi 01:56 GMT January 20, 2004 Reply   
ohio. jmm
LOL..hurry in typing. :-)
I mean buy at 107.20 for FP 107.80

Melbourne Qindex 01:46 GMT January 20, 2004 Reply   
Melbourne Qindex 07:55 GMT January 19, 2004
EUR/USD : 3-Days Cycle Quantised Levels


... 1.2068 // 1.2162, 1.2256, 1.2350, 1.2445, 1.2539 // 1.2633 ...

Melbourne Qindex 07:47 GMT January 19, 2004
EUR/USD : It is negative when the market is rejected from the barrier at 1.2404 // 1.2465.

Melbourne Qindex 07:39 GMT January 19, 2004
EUR/USD : The current expected trading range from my 3-day cycle is 1.2350 - 1.2445. The trading reference after expansion is as follow :-

... 1.2256* ... // 1.2350* - 1.2374 - 1.2398 - (1.2422) - 1.2445* // ... 1.2539 ...

Ohio jmm 01:46 GMT January 20, 2004 Reply   
raden--- do you mean buy usd/jpy at 107.29 or 106.29 for fp?

Caribbean! Rafe... 01:41 GMT January 20, 2004 Reply   
farmacia// got your mail & responded thanks =)

what is your target for GBP/JPY atm for next 24 hours.

my possible target still holds at 189.61 probably between coming session and wednesday..

i think last night was a witch hunt was stopped out at 192.25, sometimes with this pair it makes me feel that some boogey man is watching the possie to stop it out intentionally i don't know if you ever noticed this with GBP/JPY.

TIA.

Usd/Chf 01:38 GMT January 20, 2004 Reply   
You're welcome,now bend over.........

Indonesia Solo raden_masandi 01:30 GMT January 20, 2004 Reply   
I think I must say thanks for usd/chf lower at 1.2695 to be bought.
also eur/usd at 1.2361 to be sold.
LOL.
still on the right signal I think.(IMO)

Gen dk 01:19 GMT January 20, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Nassau QF 01:04 GMT January 20, 2004 Reply   
Thank you ML.

ICT ML 01:01 GMT January 20, 2004 Reply   
QF....a freeebie.......watch 30 min EMA50....it is the holy grail of targets / launch points in a steep move, up or down (in my tactics anyway). So Euro and $swiss are within 20 pips right now, and Gbp/Usd is 60 pips away. So It would not be unexpected for cable to rise to 1.7880-90 this session before dumping again. On the other side, if Euro and $swiss strongly break through their 30 min EMA50, than a stronger pullback is in the cards.....

Nassau QF 00:54 GMT January 20, 2004 Reply   
Are you guys still holding your positions on shorting GBP and EUR against the USD?

Toronto YVV 00:53 GMT January 20, 2004 Reply   
sorry,meant right panel on this site.

Toronto YVV 00:52 GMT January 20, 2004 Reply   
is it just me but live rates from left panel do not work , i mean they are not updated.

melbourne farmacia 00:47 GMT January 20, 2004 Reply   
LA saint3 00:34 GMT January 20, 2004
Each trader works with different objectives, that said, i would only buy gbp above 1.8250 on this day, so sell on rallies. Back @ london GT

LA saint3 00:34 GMT January 20, 2004 Reply   
farmacia and raden..
what system do you guys use? cuz my dealer gave me a buy signal for gbp..

thx

Brisbane L 00:33 GMT January 20, 2004 Reply   
melbourne farmacia thanks for that

melbourne farmacia 00:30 GMT January 20, 2004 Reply   
Just ran some basic channel lines over euro and pound fwiw. Euro looks to be targeting 1.2100 - 1.2250 area within this correction period. Pound targeting 1.7600 - 1.7711. Aud/Usd seems to be holding 0.7530 as i mentioned yesterday, but without the expected bounce. I would now say the 0.7300 - 0.7420 area is in focus short term. GT

Nassau QF 00:23 GMT January 20, 2004 Reply   
Good morning Raden.

You managed to make good profits yesterday even though the markets were a little slow.

Hope you have the same luck today.

Indonesia Solo raden_masandi 00:22 GMT January 20, 2004 Reply   
hey..
usd/chf when at 1.2711
still on the buy signal. seen start from here
buy to get FP.
1.2780 is ok too for your FP

Indonesia Solo raden_masandi 00:19 GMT January 20, 2004 Reply   
hey...usd/py when at 106.29.
nice for buy to get FP
buy now..seen start.
106.80 is ok too for your FP.
still on the buy signal.

hk ab 0.88 00:19 GMT January 20, 2004 Reply   
cad is like a pile of dead water.

hk ab 0.88 00:18 GMT January 20, 2004 Reply   
jf, good morning.

I have also held some aud shorts as well but only 3 lots.

hehehe.

Let's see what those japs' gifts are.

small sold dlr/jpy 107.30

Indonesia Solo raden_masandi 00:17 GMT January 20, 2004 Reply   
hey..eur/usd when at 1.2351
seen start for down from here..nice.
sell now to get FP.
1.2325 is ok too for FP
still on the sell signal.

Melbourne Qindex 00:14 GMT January 20, 2004 Reply   
Melbourne Qindex 23:31 GMT January 18, 2004
GBP/USD : Trading ranges from my 44-day cycle reference :-

... 1.7490 // 1.7647*, 1.7804, 1.7960*, 1.8117 // 1.8273* ...

Melbourne Qindex 22:47 GMT January 18, 2004
GBP/USD : My 5-day cycle charts indicate that the market needs to stablize in 1.8010 - 1.8158 otherwise the expected trading ranges would be 1.7734 - 1.7838 - 1.7942 in the next few days.

Melbourne Qindex 22:25 GMT January 18, 2004
GBP/USD : A negative signal is hoisted in my system. My system is now running an extensive research in the next 2 hours on this pair.

Melbourne Qindex 22:21 GMT January 18, 2004
GBP/USD : My monthly cycle charts indicates that the market is heading towards 1.7758. A projected resistant point is positioning at 1.8105.

Melbourne Qindex 00:10 GMT January 20, 2004 Reply   
Melbourne Qindex 22:42 GMT January 19, 2004
GBP/USD : The critical pointof my daily cycle is located at 1.7923. The lower barrier is expected at 1.7670 // 1.7733 and the upper barrier is positioning at 1.7987 // 1.8050.


... 1.7670 // 1.7733, 1.7797, 1.7860, 1.7923*, 1.7987 // 1.8050 ... 1.8177 ...

Ldn 00:09 GMT January 20, 2004 Reply   
GBP/USD Could Weaken Toward 1.7615 - UBS

Indonesia Solo raden_masandi 00:04 GMT January 20, 2004 Reply   
gbp/usd now at 1.7830
sell here now, you will get the FP.
still sell signal and seen start from here to get 1.7800 minimum

Alicante RTN 00:03 GMT January 20, 2004 Reply   
Indonesia Solo raden_masandi

Good morning to you.

Looking fwd to your read of the market this morning!