Forex Forum Archive for 01/27/2004

Miami OMIL 23:56 GMT January 27, 2004 Reply   
Farmacia if I can help you with the computer problem in any way let me know. (/;->

Ldn 23:53 GMT January 27, 2004 Reply   
NAB: Confirms Asset Sales Gross Proceeds A$993.2M

melbourne farmacia 23:52 GMT January 27, 2004 Reply   
Los Angeles erik 23:47 GMT January 27, 2004
G'day erik, hope your well, still working with your RSI system ?

Los Angeles erik 23:47 GMT January 27, 2004 Reply   
melbourne farmacia 23:45

Hi farmacia, remember me? thanks for recommending THE BANK to me, great movie. Good luck with fixing your pc.

melbourne farmacia 23:45 GMT January 27, 2004 Reply   
Pecs Andras 23:29 GMT January 27, 2004
Sorry mate - i'm dealing with a virus so cleaning up my system
Will look later.

Brisbane 23:44 GMT January 27, 2004 Reply   
Talk of the MoF bidding at 105.50 this morning helps keep Dlr/yen afloat around 105.60 for now. Strong bids were also evidenced at the level o/n, absorbing as much as $7yard worth of offers to limit damage to 105.45. Prior to that, the MoF was thought to be buying at 105.80 & 70.

reuters

Pecs Andras 23:43 GMT January 27, 2004 Reply   
GEP
DOUBLESPEAK is OK, I can understand the reasons behind, though I hate it.
It is STUPIDSPEAK that drives me nuts in my country.

Melbourne Qindex 23:40 GMT January 27, 2004 Reply   
USD/CAD : Current Comment . Register with [email protected] if you have no access to my page.

Dallas GEP 23:39 GMT January 27, 2004 Reply   
Andras, I see what you mean. DOUBLESPEAK for sure Reminds me of American Politics

Brisbane L 23:38 GMT January 27, 2004 Reply   
Santos 4Q Sales A$362.5M Vs A$399.6M Yr Ago, A$ Factor In Lower Dec Qtr Revenue

Pecs Andras 23:36 GMT January 27, 2004 Reply   
Well, I think the heart of the probelm is that htese guys are just stupid politicians. We have their kind in Hungary too. Once they open their mouths, HUF goes the wrong way, inflation goes the wrong way, etc. But when they go on holiday in Kenya or Thiland, HUngarian economy and HUF are just doing fine.

Brisbane L 23:30 GMT January 27, 2004 Reply   
Pecs Andras perhaps they are staging an elborate Bear trap in the USD with the do they or dont they remarks , as with the BOJ getting the market excessively long yen and then going in for the Kill - what if they all did that together just to teach the speculators a lesson ( perhaps I have been watching too much Agatha Christie )

Eilat Dolphin 23:29 GMT January 27, 2004 Reply   
Andras/ Could be that's why the Euro seems in a process of a triangle in formation...

To give us/we pilots time to hit the silk ?

Pecs Andras 23:29 GMT January 27, 2004 Reply   
melbourne farmacia 23:24 GMT January 27, 2004
Paul
Do you see any good short term sell level now on cable?

Dallas GEP 23:26 GMT January 27, 2004 Reply   
New Zealand pairs look to provide some SAFER trading opps.

Pecs Andras 23:26 GMT January 27, 2004 Reply   
GEP
WHat I mean is they all say EUR appreciation is no problem if it is steady. What they don't want is high volatility.
Fine, but they should also know that conflicting statements do induce volatility.
It does not make sense to me. Why do they do these things agains their best interest?

Ldn 23:25 GMT January 27, 2004 Reply   
NAB fire-sale probably completed now

melbourne farmacia 23:24 GMT January 27, 2004 Reply   
Pecs Andras 23:17 GMT January 27, 2004
Don't know Andras - but it has provided very nice trading if top and bottoms picked correctly. GT

Brisbane L 23:24 GMT January 27, 2004 Reply   
UK names buying Aud in connection with the M &A related to the NAB block sales (size talked as much as A$900mln). pushing it higher overnight

Dallas GEP 23:21 GMT January 27, 2004 Reply   
Anrdas, quite possibly it is us specs that don't know what we are doing in regards to the EURO!!!! LOL

Pecs Andras 23:17 GMT January 27, 2004 Reply   
Guys
I find something very strange. In the last couple of days we have heard several confilcting stamements from EU officials whether EUR strength is or is not hurtun economic recovery. Eventually they have agreed that the level itself is no problem as long as there re no large swing in the ccy rates.
But that is exactly what they have achieved by their conflicting comments, haven't they. EUR down 600 pips, then up 500, then down 350, then up 200
Do these guys know what they re doing?

Melbourne Qindex 23:14 GMT January 27, 2004 Reply   
USD/CHF : Current Comment . Register with [email protected] if you have no access to my page.

Brisbane 23:14 GMT January 27, 2004 Reply   
Bird flu: quarantine check 'uneven'
PASSENGERS flying into Sydney airport from Asia have reported an uneven response by quarantine officials to the bird flu threat. Auspress

ICT ML 23:11 GMT January 27, 2004 Reply   
Andras....I think 1.8306 is the new resistance for the near time frame, so selling into it could work in asia.....fwiw..I think we are in a trading range now...not sure about it though

Pecs Andras 23:06 GMT January 27, 2004 Reply   
OMIL
I am just thinking of shorting cable for fast pips. I think it will swing significantly before the Hutton report is released tomorrow, and then the Fed satementi in hte evening. If 1.8330 is strong res. it is worth a try maybe

Ldn 23:03 GMT January 27, 2004 Reply   
Talk.. Aussie CPI out today Unlikely To Trouble RBA

Miami OMIL 23:03 GMT January 27, 2004 Reply   
Hope that helps Andras. FWIW my 1.2660 on eur/usd printed so I am flat now. I will wait to see what happens next with this dollar correction. I don�t think this is a good level right now to take a position IMHO. (/;-> GL GT

Melbourne Qindex 23:02 GMT January 27, 2004 Reply   
GBP/USD : Current Comment . Register with [email protected] if you have no access to my page.

Pecs Andras 22:58 GMT January 27, 2004 Reply   
OMIL
Thanks a lot mate

Memphis Charles 22:58 GMT January 27, 2004 Reply   
And as SF MRZ used to say.... I think somebody is shaking a can of Coke.

Brisbane L 22:57 GMT January 27, 2004 Reply   
Hopes brighten for US economy
Jan 28 07:07
AFP
US consumer confidence shot to an 18-month high in January as brighter economic news boosted fragile hope for new jobs, a survey by the Conference Board showed on Tuesday.
A consumer confidence index, compiled by the private research firm from a survey of 5,000 households, rose 5.1 points from the previous month to 96.8 in January, the highest since July 2002. Growing optimism about the overall health of the economy continues to bolster consumers' short-term outlook," said Conference Board consumer research chief Lynn Franco. The two components of the index - people's feeling about the future and the present situation - improved.
The expectations index rose 4.8 points to 108.1, the highest level since May 2002.The present situation index increased 5.7 points to 80.0. "Consumers assessment of current conditions, which strongly hinges on improvements in the labor market, remains both weak and volatile," Franco said. But the employment outlook was more favourable. The proportion of respondents anticipating more jobs to become available in the next six months rose to 22.2 per cent from 21.6 per cent. Those expecting fewer jobs fell to 14.9 per cent from 16.9 per cent.

What I am confused about is , how do some newswires say these consurmer numbers were weaker than expected ?? when they are a lot higher than previous, looks to me as they write their own scripts.

Memphis Charles 22:57 GMT January 27, 2004 Reply   
BB... I sold a little too.... the famous Memphis 'beer money trade.'

Miami OMIL 22:52 GMT January 27, 2004 Reply   
Andras I posted this earlier:
Miami OMIL 17:25 GMT January 27, 2004
FWIW here is some more fib retracement numbers for cable and eur/usd on this last run give or take a few pips. For gbp/usd (1.8210, 1.8270, 1.8330-35) With resistance around 1.8300-05. (/;->

Brisbane L 22:51 GMT January 27, 2004 Reply   
Australia's Costello Plans 0100 GMT CPI Briefing

Longmeadow JSB 22:49 GMT January 27, 2004 Reply   
On AUD/USD wouldn't the trough between the two tops have to be much deeper to qualify this pattern as a true double top?

Pecs Andras 22:48 GMT January 27, 2004 Reply   
Guys
WHat is the next resistance level on cable?

Ldn 22:48 GMT January 27, 2004 Reply   
Why would the BOJ give up on the Yen now, have they ran out of money or something ? cos looks like we will see 100 tested in no time

USA Biscuit Boy 22:43 GMT January 27, 2004 Reply   
Sold small eurusd at 53.

GVI john 22:19 GMT January 27, 2004 Reply   
STRATEGY SESSION �Far East Open
eur/$ 1.2640�. $/yen 105.55
DJIA 10,610, -93 pts�NASDAQ 2,116, -38 pts
10-yr 4.08%, -5 bp�s
MARKET OPINIONS:
For a broad range of opening levels click on GVI�s �Market Snapshot�:
CLICK HERE
more See GVI. For access contact: [email protected]

Memphis Charles 22:13 GMT January 27, 2004 Reply   
Seems like it to me...

Ldn 22:02 GMT January 27, 2004 Reply   
Technical analysts feel that the AUD/USD would have to make a new high above
0.7815 soon or risk forming a classic double-top.

Bergen, Norway Steinar 21:51 GMT January 27, 2004 Reply   
Memphis, Charles Yeah, I know, have already closed much of my long, but some still remains. Have been fairly certain of the move up until here, and still can't see the dollar catching much more wind, but can't see it continuing to drop either. Are we heading into no man's land?

Memphis Charles 21:28 GMT January 27, 2004 Reply   
Norway... I'd book some profits here.

Bergen, Norway Steinar 21:23 GMT January 27, 2004 Reply   
Does anyone have any expectations for the EUR/USD cross for the next three months? I have been long for a long time, but am seriously in doubt of the direction at the moment.

Livingston nh 21:23 GMT January 27, 2004 Reply   
sf cc - C&I loans are H8 measure in Fed reports (E2 is the terms of loans granted) - C&I loans have been less reflective of business activity because of note and bond issuance as a substitute for capital needs (really distorted in the late '90s when everything was equity) -- fwiw I'll post some of the sources of comment on the financial forum

Ldn 21:21 GMT January 27, 2004 Reply   
AUSTRALIAN inflation is expected to tail off in the fourth quarter thanks to the impact of the rising Aussie Dollar. The downward price bias upon imported goods is clear with import prices falling 3.1% in Q4 weakness focused in electronic equipment and industrial machinery. The median expectation for CPI is for 0.5% rise in Q4 translated into a 2.4% rise on the year. The range of f/cs is between 0.3-0.7% and 2.2-2.6% respectively, and compares to a 0.6% and 2.6% in Q3. Given the RBA works a 2-3% price target if forecasts are correct there seems little need for the RBA to hike rates. a

AAP

Melbourne Qindex 21:15 GMT January 27, 2004 Reply   
EUR/USD : Current Comment . Register with [email protected] if you have no access to my page.

sf cc 21:11 GMT January 27, 2004 Reply   
Levingston nh - I saw this John Rutledge comment the other day: "Although rising housing prices boost construction activity and furniture sales, it is a double-edge sword. Huge activity in the mortgage and mortgage refinancing markets is very profitable business for lenders, much more profitable than corporate lending. But falling business loans (from $1106 billion in November 2000 to $880 billion today) are the reason the economy has not yet been able to mount a sustainable strong recovery. That won't happen until the mortgage market cools enough to make banks want to make business loans again. " Does C&I loans go into some kinda monetory measures?

saloniko 2004 nk..1.43 21:10 GMT January 27, 2004 Reply   
saloniko 2004 nk..1.40 08:10 GMT January 23, 2004
Good Morning...


For those who want sell Euro i think is good to place a stop above 1.3058



Have a nice day!

nk

Sometimes im early..
I will be on the Sell side frome 1.30++ cos 1.30 is the psycho level..but no more than 1.2588

Good Night!

nk

Athens 21:09 GMT January 27, 2004 Reply   
london fxcharts, a pleasure. Perhaps we can both make a profit in the end despite the opposite direction. Good night everyone.

Memphis Charles 21:03 GMT January 27, 2004 Reply   
Typo - the word "operations" in my post below...

london fxcharts 21:02 GMT January 27, 2004 Reply   
Athens, thanks for that, will keep a close eye on my euro long

Athens 20:55 GMT January 27, 2004 Reply   
london fxcharts, there is a resistance line on dailies coming in around the level you mentioned, so I can't preclude such a move. I just prefer not to see it :-)

london fxcharts 20:39 GMT January 27, 2004 Reply   
Athens, do you see a test of 1.2720/40 on the eur/usd before any further down swing?

nyc beyonding_destiny 20:39 GMT January 27, 2004 Reply   
I've voiced since Mon of last week...It's the time for profit-taking in all majors against US$ and may form a triangle b4 anyside movement above previous high...still any comment on Eur/Gbp is appreciated...GL.GT,all

Va Raven 20:36 GMT January 27, 2004 Reply   
Good point, nh. Tks.

beirut jb 20:35 GMT January 27, 2004 Reply   
thanks Athens

well I shorted CAD yesterday , It should be more safe

but this market will still nervous untill G7 IMHO,

Intraday or sideway may be a solution until there

GL GT

Memphis Charles 20:35 GMT January 27, 2004 Reply   
An introductory Economics textbook should be in your trading library.

Memphis Charles 20:33 GMT January 27, 2004 Reply   
Read the link again... the Fed can tighten supply through open market opertions...

Livingston nh 20:33 GMT January 27, 2004 Reply   
hi Raven - well this meeting sets the policy for his report to Congress so I think he may qualify somewhat the conditions under which interest rates will stay unchanged -- the treasury is probably start to move away from short term and fund a little longer

NYC eric 20:32 GMT January 27, 2004 Reply   
How is this tightness manfested? Credit rationing? Money seems cheap to me..

Athens 20:31 GMT January 27, 2004 Reply   
beirut jb, I will stick to the short side, I don't think the correction is over either price or time-wise. If wrong I will quit the short play and will stay aside fo a while. Good luck.

NYC eric 20:30 GMT January 27, 2004 Reply   
Charles thanks, but that was not my question. If overnight money is plentiful at 1.0% how can Fed policy be considered tight?

Livingston nh 20:29 GMT January 27, 2004 Reply   
eric - the money supply growth has been slowing or in the case of M1 dropping // for example, despite the rate hikes in 1999 the Fed forced money into the economy and then had to suck it fast after Y2K didn't cause the end of modern civilization -- don't listen to what they say watch what they do

beirut jb 20:28 GMT January 27, 2004 Reply   
Hi Athens, Gep and all traders

so Athen what next, for euro??

test the hi or the lo, 129 or 12330?

Alicante RTN 20:27 GMT January 27, 2004 Reply   
HK ab:

What's your view on eurchf?

thx

Memphis Charles 20:27 GMT January 27, 2004 Reply   
NYC Eric... paste this link....

http://www.ih.k12.oh.us/hsslonim/AP_Economics/MacVisual/4-4.htm

Memphis Charles 20:25 GMT January 27, 2004 Reply   
Open market operations...

Va Raven 20:24 GMT January 27, 2004 Reply   
Ny = Any, sorry, nh.

NYC eric 20:23 GMT January 27, 2004 Reply   
Livingston -- Serious question (not rhetorical) How can the Fed be "tight" with Fed Funds at 1.0%. I don't understand the mechanism.

Va Raven 20:21 GMT January 27, 2004 Reply   
Ny posibility for Alan (your old schoolmate) to fine tune the line a bit tomorrow, nh? Say, from "considerable" to reasonable"?

Athens 20:21 GMT January 27, 2004 Reply   
Thanks Irish.

London D, I am sorry for (3), I shouldn't have said it. If I got it right? Not exacly because I started selling EUR/$ lower than my theoretical target but at least not too low.

Livingston nh 20:16 GMT January 27, 2004 Reply   
not for short term traders -- tomorrow's Fed comment is eagerly awaited to assure everyone that interest rates will remain unchanged for a considerable period but Alan Greenspan is concerned about fiscal policy and has gotten a little preachy about protectionism - the FED has been very tight with monetary policy since mid-summer (which may or may not have caused the dollar's swoon) so maybe there might be an extra clause in the Fed comment// meanwhile FX markets fret about G7 next week and the possible comments about the currency practices of the 800 pound gorilla that is not part of the G7 -- the G7 should be careful what they wish for because the sponge absorbing all this USD might get squeezed

London D 20:14 GMT January 27, 2004 Reply   
Athens- what has the 'dad' quip got to do with trading, I'm merely stating that hindsight trading or retracing steps isn't difficult, if you got the move right, then good luck to you, anyway sorry to have riled you, my p/l speaks for itself.

Toronto YVV 20:14 GMT January 27, 2004 Reply   
DallasGEP , 1.8292 works precisely , so far .

hk ab 0.88 20:13 GMT January 27, 2004 Reply   
leave a small sell at 1.2650, see if it can be filled by NY close or not.

Chicago Irish 20:08 GMT January 27, 2004 Reply   
London D:Hindsight is not applicable in Athens case.

Ldn MVS 20:08 GMT January 27, 2004 Reply   
London D - nice to blows ones' own trumpet eh? hahaha

Athens 20:07 GMT January 27, 2004 Reply   
london D 20:01, (1) my subscribers had already this scenario available since last night if you are interested, (2) my posting was not a claim but an explanation that someone asked for and (3) at what age did you first say "Dad"? 18, 20 or older?

Texas(Jksn.) PNB 20:04 GMT January 27, 2004 Reply   
Who's Long OZ from here?
TIA:-)

hk ab 0.88 20:04 GMT January 27, 2004 Reply   
long more 105.59.

Eilat Dolphin 20:02 GMT January 27, 2004 Reply   
Athens/ Convincing! ....... Instructive!

hk ab 0.88 20:02 GMT January 27, 2004 Reply   
so next station could be 1.2570?!

london D 20:01 GMT January 27, 2004 Reply   
Isnt hindsight a great thing....

hk ab 0.88 20:01 GMT January 27, 2004 Reply   
omg... Athens, I can't sleep due to your last post.....

1.2775 -120 = 1.2650!!!

someone is trying to break thru RBA orders under thin condition.

Athens 19:54 GMT January 27, 2004 Reply   
Eilat Dolphin 19:44, as far as I am concerned I mentioned on Monday the probability of a triangle formation. In the case of EUR/$ my rough calculation was the following: The second top at 1.2775 was 120 pips lower than the first (1.2895), therefore we might see a bottom about 120 pips above the previous (1.2330) and that rough projection was pointing to 1.2450. Drawing the lines to get more finetuned levels that lower line today was coming in around 1.2440-45 and its marginal violation in the morning was too small to be significant. Adding the fact that EUR/JPY had again met my first O/S territory 131.80-132.10, I was not surprised to see the EUR/$ upswing thereafter. Others may have other explanations.

hk ab 0.88 19:53 GMT January 27, 2004 Reply   
Always trade on facts, not rumours.....

this is my last line b4 the bed. GN.

belden mb 19:53 GMT January 27, 2004 Reply   
hk ab: good call last nite on euro going back above 1.2500.

hk ab 0.88 19:52 GMT January 27, 2004 Reply   
thanks and I can add .78 in my basket again...

thanks to BC as well.

Nassau QF (newb) 19:52 GMT January 27, 2004 Reply   
News like that would cause a spike long enough to close my position with a profit.

Va Raven 19:51 GMT January 27, 2004 Reply   
He didn't cause usd/jpy down, so if up, it's not his "achivement" either.

Nassau QF (newb) 19:49 GMT January 27, 2004 Reply   
Maybe someone will start a Bin Laden rumor again so my USD/YEN trade will go up.

Ldn 19:48 GMT January 27, 2004 Reply   
Earlier buying of AUD/USD though in good size was not enough to break the 2004 high at 0.7813, with domestic and option led sellers just about meeting demand to leave a 0.7810 high. Whilst CPI is the highlight at 00.30GMT, the AFR is reporting on political problems that are arising in both the US and Australia regarding the Free trade agreement. There is opposition from US senators urging Bush not to open dairy markets to Australian imports, but also trouble from Aussie sugar producers who are insisting on a big increase in the amount of exports allowed into the US. Whilst US and Aussie trader reps are attempting to iron out such problems, the news is an Aud negative

Eilat Dolphin 19:44 GMT January 27, 2004 Reply   
If someone has a coherent explanation on the 200 pips euro rise, I'am all eyes...

PS: besides IFO, or that's the "x" in fx, that is.

Brisbane 19:42 GMT January 27, 2004 Reply   
European official name Selling Aud overnight talk of RBA connected

Nassau QF (newb) 19:38 GMT January 27, 2004 Reply   
If BOJ jumps in and starts buying dollars against the Yen, would that cause EUR and GBP to fall?

hk ab 0.88 19:38 GMT January 27, 2004 Reply   
last game whihc I see a very good r/r....

long dlr/jpy 105.60, 105.65.

If price can't close above 106 tomorrow (by NY close), heavy SAR to the short side.

hk ab 0.88 19:32 GMT January 27, 2004 Reply   
facts selling in.....

Eilat Dolphin 19:29 GMT January 27, 2004 Reply   
When the night will cover America, shall the Empire of the rising Sun kamikaze its bullion ?

Again!

Pecs Andras 19:26 GMT January 27, 2004 Reply   
Sorry
I meant tough times not OVER for him yet

Nassau QF (newb) 19:25 GMT January 27, 2004 Reply   
Well, I don't know what's going on.
EUR and GBP dropped against the dollar right after the news.
Now it's going back up?

Ldn MVS 19:25 GMT January 27, 2004 Reply   
Slight majority has dented GBP here though think it should hold - personally wud be looking to buy dip - will feel comfortable as long as we stay above 1.8245.....

B.A. BOCA 19:24 GMT January 27, 2004 Reply   
buy the rumour, sell the fact.......

Pecs Andras 19:24 GMT January 27, 2004 Reply   
There is the Hutton report for Blair coming tomorrow at around noon, so it is not ver for him yet

Nassau QF (newb) 19:22 GMT January 27, 2004 Reply   
Eur and GBP tanking?

GVI john 19:20 GMT January 27, 2004 Reply   
316-311
Blair wins

Ldn MVS 19:19 GMT January 27, 2004 Reply   
Majority of 5 inly - but he wins vote

malta mb 19:19 GMT January 27, 2004 Reply   

the uk vote has passed

Ldn MVS 19:19 GMT January 27, 2004 Reply   
Blair has won his vote

hk ab 0.88 19:10 GMT January 27, 2004 Reply   
also like to enter short eur/gbp above .69 as well.

Ldn MVS 19:08 GMT January 27, 2004 Reply   
tic-toc parliament vote due shortly...Sky saying it cud be a close call....suspense for GBP

hk ab 0.88 19:06 GMT January 27, 2004 Reply   
cad is still very stable....

hk ab 0.88 19:04 GMT January 27, 2004 Reply   
KEvin, know what happened today to me?
hahaha.

The eur short cut at 1.2495 trail.
And then now SAR the cable with 140 pips.
short 1.8265.

london p 18:53 GMT January 27, 2004 Reply   
yes was thiniking the same regarding the win and priced in should be an interesting 10 minutes hold on

malta mb 18:44 GMT January 27, 2004 Reply   
london
IMHO a loss of the vote despite the concessions made by the Govt would turn cable south, especially if double-whammied by a problematic Kelly enquiry result....a win has probably already been priced in

london p 18:32 GMT January 27, 2004 Reply   
british mps say they are still 3 votes short of winning tonites vote wonder what will happen to cable win or lose any thoughts

Geneva 18:31 GMT January 27, 2004 Reply   
The only problem with the triangle is the everybody see the
same, so it will not be that!!!.

beijing road 18:30 GMT January 27, 2004 Reply   
USA Biscuit Boy : yep.

USA Biscuit Boy 18:28 GMT January 27, 2004 Reply   
Whilst above 1.2530 I think euro is a good buy on dips at least til 1.2750. If this gives way then a nice double top could be made.

beijing road 18:27 GMT January 27, 2004 Reply   
beijing road 18:25 GMT January 27, 2004
As athen points out, there is a possible triangle formation on eur. I doubt there iis even potential double top b4 deep correction. My plan is to open eur long position tomorrow btw 1.2550-90
b4 1.27 level is seen, and will cover at trendline resistance or 1.2880 level.

beijing road 18:25 GMT January 27, 2004 Reply   
As athen point out, there is a possible triangle formation on eur. I doubt there iis even potential double top b4 deep correction. My plan is to open eur long position bte 1.2550-90
b4 1.27 level is seen, and will cover at trend or 1.2880 level.

mex sjs 18:18 GMT January 27, 2004 Reply   
i just went long euro here at 1.2632, no stop, tgt between 1.2850-1.2900 this current week...gl & gt

beijing road 18:16 GMT January 27, 2004 Reply   
Miami OMIL : Thank you for your encouragment. Anyway, I will stick to my stupid idea coz it pays much better even though sometimes I got burned..

Nassau QF (newb) 18:13 GMT January 27, 2004 Reply   
I didn't open any positions at all on Cable or Euro/Dollar today.

I'm wondering whether I should open shorts or not.
It went up before dropping down yesterday.

I thought Raden's call was wrong and ended up missing out on that big drop.

If we really do see 178.5 like he said earlier, that would really burn.

malta mb 18:08 GMT January 27, 2004 Reply   
shorting her majesty just gave me the shock of my life....now i know why they call her cable........... NOT LOL
my platform requests 50 % more margin on pairs involving gbp.

Dallas GEP 18:04 GMT January 27, 2004 Reply   
Leaving also for a little while but I am leaving a order for a BUY on USD/JPY @ 105.25.

GA TJ 17:52 GMT January 27, 2004 Reply   
FWIW I am anticipating USDCHF to move back to the 1.2455-75 area were I will add to the posi. GBPUSD 1.8220-40 area were I will add to the posi. If GBPJPY moves back to the 192.45-65 area were I will enter with a better risk. Closed NZDUSD for 52 PIPs just so I could bank something in case the others get Stopped at B/E. Will assess Euro later tonight. I am out for the day.

Ldn 17:52 GMT January 27, 2004 Reply   
CPI unlikely to hike rates: economists

A subdued outlook for Australian inflation meant it was unlikely to be a catalyst for another interest rate hike in February given the effect of the higher exchange rate, economists said Goldman Sachs JBWere senior economist Tim Toohey said the effect of the local dollar on inflation was partly behind his CPI forecast increase of 0.3 per cent, at the bottom of the forecast range."It's really difficult to see a broader based increase in consumer prices building through the course of 2004," he said.Citigroup senior economist Annette Beacher, said that on the downside import prices would be a drag, given the stronger Australian dollar."We've also got a fall in petrol, so we're going from a considerable increase in petrol (in the September quarter) to a considerable fall," she said
smh

Miami OMIL 17:51 GMT January 27, 2004 Reply   
Later ML get ready for another round. (/;->

Dallas GEP 17:49 GMT January 27, 2004 Reply   
C ya ML.

ICT ML 17:47 GMT January 27, 2004 Reply   
see ya all in Asia - London time...done for the day.

Miami OMIL 17:46 GMT January 27, 2004 Reply   
HK Kevin 17:35 GMT January 27, 2004
I am still looking for 1.2660-65 area. If it stays under 1.2650 and 1.2700 we will see the dollar correction continue and you will have a great position to test the 1.2330 area. (/;-> GL GT

ICT ML 17:42 GMT January 27, 2004 Reply   
too soon to be sure, but we might have a 1.8250 pivot point to trade on cable for awhile.....something to keep eyes on tomorrow

Dallas GEP 17:39 GMT January 27, 2004 Reply   
Este es no problema ArgenFX.

HK Kevin 17:38 GMT January 27, 2004 Reply   
Any also sell Aussie at .8809, this ccy must be crazy.

HK Kevin 17:35 GMT January 27, 2004 Reply   
Miami OMIL 17:25 GMT, really a few pips. I have sold EUR at 1.2644.

Buenos Aires Argenfx 17:35 GMT January 27, 2004 Reply   
To DALLAS Gep: Thanks for your advice. I�m still long from 106.35 looking to add more lots if the market goes to 105.00
Good trading for you !!!

Wiarton H 17:32 GMT January 27, 2004 Reply   
It looks like the 200sma resistance on the 30min ,or 400sma onthe 15min cable chart was to much to take .Approx 1.8292.
This normaly is a consoladation area.

nyc jk 17:28 GMT January 27, 2004 Reply   
GEP - get in touch with your feelings more often, that was basically the dead high!!!

Dallas GEP 17:28 GMT January 27, 2004 Reply   
Well I am already long on USD/JPY as I posted earlier. BOJ is I beleive meandering in the 105.40 area. They are QUITE unpredictable except in the sense that they WILL intervene at some point in time, you can count on that. My advice is to LAYER in longs in case THEY decide to pull bids and let market take pricing action below.

Miami OMIL 17:25 GMT January 27, 2004 Reply   
FWIW here is some more fib retracement numbers for cable and eur/usd on this last run give or take a few pips. For gbp/usd (1.8210, 1.8270, 1.8330-35) and eur/usd (1.2570, 1.2610, 1.2650) IMHO. (/;->

GEP you got that Jedi Master force working for you now.

USA Biscuit Boy 17:24 GMT January 27, 2004 Reply   
Trading of late has been like trench warfare. Not much gain either way but plenty of casualties. I think at these levels we are in no mans land.

Buenos Aires Argenfx 17:22 GMT January 27, 2004 Reply   
To DALLAS Gep: Hello, friend !!! Are you still thinking to be long on USD/JPY ? Where is the BOJ ? I will appreciate your comments on that. Tks. & GT.

Dallas GEP 17:21 GMT January 27, 2004 Reply   
That hotline is a joke!!! If they now so much why do they have to ask you your name??? Shouldn't they know that already????? LOL

All I can say is that it was a feeling. Take it for what it's worth.

Ldn 17:19 GMT January 27, 2004 Reply   
Is some talk of RBA sitting up at 78 area FWIW.

Dallas GEP 17:16 GMT January 27, 2004 Reply   
USD/JPY looking very interesting. Be sure and have stops on all USD/JPY short positions

USA Biscuit Boy 17:14 GMT January 27, 2004 Reply   
ML I think Dallas IS the psychic hotline and this forum is the 1-800 #. Lucky for us it is free at the moment :)

ICT ML 17:12 GMT January 27, 2004 Reply   
try me GEP.........you call the psyhic hotline or something?...LOL

Nassau QF (newb) 17:11 GMT January 27, 2004 Reply   
That was funny Singapore.
BOJ in bed with Bird Flu :)

Hope they recover soon.
Don't want it to go into the 104 area.

Dallas GEP 17:10 GMT January 27, 2004 Reply   
I could tell you ML, but you wouldn't beleive me!!!! LOL

Porto PJT 17:09 GMT January 27, 2004 Reply   
aud near double top or new highs

Ldn 17:08 GMT January 27, 2004 Reply   
Waves of spec buying have driven prices to 0.7810,

ICT ML 17:05 GMT January 27, 2004 Reply   
OMIL.....some days I am amazed by my own stupidity...LOL

ICT ML 17:02 GMT January 27, 2004 Reply   
GEP...where did that # come from?

Ldn 17:00 GMT January 27, 2004 Reply   
BOE Governor King is on the wires saying that the effects of a weak
Dollar on the EZ recovery are of paramount concern to the MPC, and one has to
wonder if a falling Dollar may actually spur pan-European rate cuts

Miami OMIL 16:58 GMT January 27, 2004 Reply   
Nice to see you join the party GEP. ML 1.8300-20 is a very possible target but we might see a bit of retracement around here IMHO.

Dallas GEP 16:56 GMT January 27, 2004 Reply   
ML, I am thinkng we max @ 1.8292 on POUND.

Miami OMIL 16:54 GMT January 27, 2004 Reply   
Toronto fxdc 16:46 GMT January 27, 2004
There are a lot of good people posting here the knowledge pool is incredible but even ML has bad days. My advice is to keep a plan and compare notes with the rest of the good people here that give without asking anything in return. Just my thought so don�t take it in a bad way looks like you have some years under your belt so you probably know what I am talking about. Welcome to Global-View and enjoy your stay. (/;-> GL GT

Dallas GEP 16:51 GMT January 27, 2004 Reply   
Layering in some USD/JPY longs here @ 105.57

Singapore 16:51 GMT January 27, 2004 Reply   
BOJ is hit by bird flu......cough....zzzzzzzz

ICT ML 16:50 GMT January 27, 2004 Reply   
I went back in OMIL...but higher than I like ......I'll give it a few hours to get up to 1.8300 area maybe........

USA Biscuit Boy 16:50 GMT January 27, 2004 Reply   
I like euro heading to its highs for the double top then a nice correction. Any comments? TIA

Miami OMIL 16:46 GMT January 27, 2004 Reply   
ML the idea is to get something and that you did buddy. I believe that cable has more room to go up on this run IMHO. (/;->

Toronto fxdc 16:46 GMT January 27, 2004 Reply   
today is my first day to come here and got lots profit in very short time.so i think this forum will bring me luck.even i have been doing forex for 8 years,this is first time to find this web,it's my fault.

ICT ML 16:44 GMT January 27, 2004 Reply   
OMIL...I pulled out too censored early.....left 50 pips out there for someone else to grab.....pissses me off to no end when I do that crap.

Rivonia PipPirate 16:41 GMT January 27, 2004 Reply   
BOJ zzzzzzzzzzzzzzzzzzzzzzzzzz cough zzzzzzzzzzzzzzzzzz

Miami OMIL 16:40 GMT January 27, 2004 Reply   
Don�t feel bad road you followed you plan and that is what counts sometimes you make money, sometimes you don�t. Congratulations ML looks like you hit your stride again. FWIW I will hold long eur/usd for 1.2660-65 and raising stops at this point. The eur/usd turned on a dime when it hit fib retracement 1.2438 (76.4%). (/;-> GL GT

USA Biscuit Boy 16:34 GMT January 27, 2004 Reply   
Hi guys. Luckily covered my dollar longs when euro was at 1.2450 earlier. Looking to buy dollars again at 1.28/1.29. GL and GT.

SA Bok 16:33 GMT January 27, 2004 Reply   
Well it seems we are in period of Higher lows and maybe lower Highs in the EUR at the moment since high at 1.2895
Low 1.2337
high 1.2775
low 1.2437
Now we have to take out 1.2775 and 1.2895 and off to 1.3000 we go and print it seems ... Wedge formation to Techs I think break out will show next Trend ...AIMVHO

ICT ML 16:32 GMT January 27, 2004 Reply   
looks like you boys found the sleeping giant there at 105.40.....hang on to your hats now

GA TJ 16:30 GMT January 27, 2004 Reply   
Think I will let the GBPJPY pass by without me. To much of a move. With my system it would leave an unacceptable Stop Entry. Too much risk.

HK statestreet 16:29 GMT January 27, 2004 Reply   
AUD is scary.......

beijing road 16:29 GMT January 27, 2004 Reply   
ML: I must add this to my stupid endless trend:trend can reverse at any time easily. LOL.My stupid widen stoploss hit me hard today after 18020 level was seen.

Nassau QF (newb) 16:29 GMT January 27, 2004 Reply   
Typo: Ten = Yen

Nassau QF (newb) 16:28 GMT January 27, 2004 Reply   
Dollar/Ten erratic now.
Lots of spikes up and down.

Mfld JM 16:27 GMT January 27, 2004 Reply   
YIPEE !!

ICT ML 16:24 GMT January 27, 2004 Reply   
JF...thanks...wild stuff today

ICT ML 16:23 GMT January 27, 2004 Reply   
road...not s much as I should have....ate a gbp/jpy short last night in asia session, and stopped out of first try at longing gbp this morning....but reentered okay

sarasota jf 16:23 GMT January 27, 2004 Reply   
ict - ml offshore fund buying eur and gbp after guy quoted in press alot rumored to have bought eurusd

beijing road 16:21 GMT January 27, 2004 Reply   
ML: you must make tons of money today. LOL

Singapore 16:19 GMT January 27, 2004 Reply   
BOJ is snoozing.......zzzzzzzz

Helsinki iw 16:18 GMT January 27, 2004 Reply   
Fwiw/ Hourlies in extremes looking at Bollingers and stochas-
tics now. Can�t see much more upside today on EUR/USD.
Bought some EUR/USD earlier for delta hedging, selling it
out here trying to get the whipsaw.

Outflows in EUR/SEK being met by eager sellers.Might not be
a good short here after all, as it looks the world is shorting it.
Might see some squeezing first toward 9,21/22 later in the
week. EUR/NOK still poised to go higher.IMHO

ICT ML 16:18 GMT January 27, 2004 Reply   
closed my euro and gbp longs for now, will reenter the gbp long if it can close above my ema200 this candle and stay there....

Nassau QF (newb) 16:15 GMT January 27, 2004 Reply   
USD/JPY around 105.5 area now.

GA TJ 16:11 GMT January 27, 2004 Reply   
Got this from IFR. I guess any excuse will work......

[16:02 USD: Liquidity Clearly A Concern In Forex Markets ] New York, January 27:
As the end of a difficult month approaches, traders are seeing accounts scale back their risk profiles and that is adding to liquidity concerns. With a number of macroeconomic events on the calendar in the next week and a half including: FOMC, RBA, and RBA meetings, today"s education vote and the Hutton report tomorrow in the UK, the ECB meeting next week and G7 meeting next weekend, and now month end approaching. Those with profits are looking to avoid pitfalls
after the most recent spate of volatility and those that have lost money this months are getting set to collect last year"s bonuses and are sitting on their hands. Either way it makes for thin, illiquid markets and is exacerbating whipsaw price action

ICT ML 16:08 GMT January 27, 2004 Reply   
TJ..if they involve rsi trend line breakouts on hourly charts.....we do....but I will get your mail as well...good contact to have...good trades today.

Gen dk 16:07 GMT January 27, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

GA TJ 16:06 GMT January 27, 2004 Reply   
ICT ML

Could we possibly be using some of the same tricks. Get my email from Jay. I am curious.

beijing road 15:59 GMT January 27, 2004 Reply   
EUR seems to take out yesterday's high to make a daily reversal signal?

ICT ML 15:57 GMT January 27, 2004 Reply   
TJ...agree..gbp/jpy went long in our bag of tricks @ 7:30 am EST this morning...

london cam 15:57 GMT January 27, 2004 Reply   
won't be surprised if cable continues past 1.82 for today, judging by the way gold is surging IMVHO

GA TJ 15:53 GMT January 27, 2004 Reply   
GBPJPY is starting to give early signals to Long. Haven't entered yet. All Stops have been moved to B/E (NZDUSD, USDCHF, GBPUSD)

FW CS 15:53 GMT January 27, 2004 Reply   
I think this Euro correction needs to last at least 1 month longer. Seems there is some buying pressure still but also not ready to make new highs. One can call this a wave 4 on the daily often times can be a triangle type consolidation. Fractal high on 1/23 needs to be taken out for more upside. Retesting 20 day Bollinger MA again today

Toronto fxdc 15:50 GMT January 27, 2004 Reply   
i got money now.

beijing road 15:48 GMT January 27, 2004 Reply   
ML: finally stopped out with -68pips.Unlucky week.

Stockholm za 15:46 GMT January 27, 2004 Reply   
fwiw.....
Todays R1 = ~12598
Good to go ..... Happy trades

beijing road 15:45 GMT January 27, 2004 Reply   
ML: agree with you. If 18250 is seen, buy on dips.

Wiarton H 15:45 GMT January 27, 2004 Reply   
The 150ema on the 30min cable chart should be the next hurdle if it makes it there.

ICT ML 15:42 GMT January 27, 2004 Reply   
I wouldn't any time soon.....but 1.8250 might be a stalling point if we get up there.....but it turned to BOD this morning again for us

Toronto fxdc 15:39 GMT January 27, 2004 Reply   
Hi there.It's time to buy Eru and Gbp when they lower.

usa monster 15:38 GMT January 27, 2004 Reply   
ICT ML 15:34 GMT
can we short cable at any level ?

ICT ML 15:34 GMT January 27, 2004 Reply   
usa monster....been long , for 1.8210 channel top I found.....then 1.8250 area if this gets off the ground...have my doubts

Gen dk 15:32 GMT January 27, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

sarasota jf 15:30 GMT January 27, 2004 Reply   
ml - seen more people sell gbp than anything else - official eur types i have not heard a thing to be honest - usdyen is the key in my view

usa monster 15:29 GMT January 27, 2004 Reply   
ICT ML 15:24
hi
how u see cable from here
long or short and for what level

beijing road 15:27 GMT January 27, 2004 Reply   
ML: plz do not take my 1.82 out,come on!

beijing road 15:26 GMT January 27, 2004 Reply   
took 20pips profit from eur long

ICT ML 15:24 GMT January 27, 2004 Reply   
JF..you hearing of any "official type" offers now squashing 1.2600?

Nottingham 15:23 GMT January 27, 2004 Reply   
nassau...any under 105.50 and BoJ steps in maybe...they've been lyk a dog with a bone gl gt

Pecs Andras 15:20 GMT January 27, 2004 Reply   
Guys,
this can give some more boost to the pound if true
ML, you might as well wait a bit with that long liquidation.
Great call on the cable long, too bad I did not have the guts to join in

British "ministerial sources" have told the corporation that 30 more Labour rebels have come over to the government side and will vote in favour of the university top-up fee proposals shortly after 1900gmt today

la saint3 15:20 GMT January 27, 2004 Reply   
hi guyss

is the data out .. good or bad for dollar?

Gen dk 15:17 GMT January 27, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Nassau QF (newb) 15:16 GMT January 27, 2004 Reply   
Dollar/yen below 105.7

beijing road 15:16 GMT January 27, 2004 Reply   
ML: my cable short might be stopped out soon.

sarasota jf 15:15 GMT January 27, 2004 Reply   
anyone who interested 40 is 1st target in yen

ICT ML 15:14 GMT January 27, 2004 Reply   
cable has some strong chart resistance at 1.8175, starting to make me think to close the longs soon if it don't give way

sg 8887 15:13 GMT January 27, 2004 Reply   
ya man , my already nut

SA Bok 15:11 GMT January 27, 2004 Reply   
Seems to me all the Shorts calls earlier on EUR getting thier Nuts squeezed again ... It is a tough market to call .. Good Luck all

Pecs Andras 15:08 GMT January 27, 2004 Reply   
Consumer confidence rose to 96.8 in January according to the
Conference Board"s index. The latest reading is up from an upwardly revised 91.7 in December (prev. 91.3) and now stands at its highest since July 2002 (97.4). The present situation index rose to 80 from 74.3 (prev. 73.9) while the
expectations index rose to 108.1 from 103.3 (prev. 102.9

Pecs Andras 15:08 GMT January 27, 2004 Reply   
Consumer confidence rose to 96.8 in January according to the
Conference Board"s index. The latest reading is up from an upwardly revised 91.7 in December (prev. 91.3) and now stands at its highest since July 2002 (97.4). The present situation index rose to 80 from 74.3 (prev. 73.9) while the
expectations index rose to 108.1 from 103.3 (prev. 102.9

Gen dk 15:06 GMT January 27, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

beijing road 15:06 GMT January 27, 2004 Reply   
buy EUR 2 lots

phils VL 15:05 GMT January 27, 2004 Reply   
eur/usd
the upmove has overshot my consolidation range of 1.2425-1.2535 posted this morning sooner than expected. I also included a push-up to the 1.2620 lvl after the 1-2 day consolidation, which still holds. Right now whilst there's strength, its short term overbought and will retrace to ard 1.2510 before the next attempt up to 1.2620 later 2nite or 2moro

Eilat Dolphin 15:04 GMT January 27, 2004 Reply   
It would be funny we had a short $ bullishness after a bad number. I kinda sense it on the graphs with another hour validity.
...Position: neutral...

SA Bok 15:02 GMT January 27, 2004 Reply   
Sorry 96.8

SA Bok 15:02 GMT January 27, 2004 Reply   
96.2 not as high as expected ... EUR higher .. GL all

Ldn 15:01 GMT January 27, 2004 Reply   
Conference Bd: Jan Confidence Levels Best Since July '02
US Conference Bd Jan Consumer Confidence 96.8; Dec 91.7

ICT ML 14:58 GMT January 27, 2004 Reply   
do I dare wnat to be short USD here with data due in a few minutes I think?.....

ICT ML 14:55 GMT January 27, 2004 Reply   
I should add..subject to change at market makers whim....LOL

Hialeah Fxdomi 14:55 GMT January 27, 2004 Reply   
i am not a full time forex trader because I have other business to take care about, but I am seriously looking into going full time totrade forex with the advise of one of the GVI services, however I would like some feed back or advise of any of you who is trading fulltime. please

ICT ML 14:54 GMT January 27, 2004 Reply   
GEP...it is a "lack of follow through mess".......only way to describe it I think....but direction I have is euro and gbp up for the time being....

Tallinn viies 14:52 GMT January 27, 2004 Reply   
sarasota jf 14:49 GMT - yep

gives only better levels to sell...
left order to sell euro at 1,2599. I see 50% retr at 1,2605/10. also previous day high at 1,2610/15 level. could mean something imho

Pecs Andras 14:52 GMT January 27, 2004 Reply   
GEP
I wonder who can in this whipsawing market

Dallas GEP 14:51 GMT January 27, 2004 Reply   
Morning friends. Sidelined for now looking for directional clues. I am not finding many!!! (LOL).

sarasota jf 14:49 GMT January 27, 2004 Reply   
Tallinn viies 14:40 GMT January 27, 2004
sure i wouldnt read too much into it - a intra day move seperate from scheme of things - gt

chicago 14:48 GMT January 27, 2004 Reply   
re: port
should sell off back toward the 1.2400 level for usd/chf

Ldn 14:48 GMT January 27, 2004 Reply   
U.S. made clear it has strong dollar policy-Aldonas
PARIS, Jan 27 (Reuters) - U.S. Undersecretary for Trade Grant Aldonas said on Tuesday the United States had no political strategy on currency matters and that Washington had made it clear the United States had a strong dollar policy
Only President George W. Bush and Treasury Secretary John Snow spoke on the dollar, he said during a conference on the euro at the French Senate.

"They made it very clear that it's strong dollar policy in the United States," he said.

Aldonas said he expected the February 6-7 meeting of finance ministers from the Group of Seven economic powers to focus on the economy, adding: "What we need to see in Europe is stronger growth."

"The dialogue here has to be about how we both (the United States and Europe) grow faster, how we both become more flexible so that we can adjust to the Chinas of the world and the Indias of the world as they come on stream," he said.
He said the United States was also aware of the need to ensure its economy, the world's largest, did not create imbalances.

"There is a recognition in the United States that we have to grapple with our economic problems to the extent they drive the imbalances in the world economy and that's why the president has said we have to cut our budget deficit

chicago 14:43 GMT January 27, 2004 Reply   
euro Resistance at 2580 should rally back toward the mid/late 1.2600s

Tallinn viies 14:40 GMT January 27, 2004 Reply   
sarasota jf 13:58 - it may be so but if rate at 1,40 they probably need to rethink.

as I understand situation right now is Europeans dont want to be only guys who sponsor US come back. as Asia letting dolalr to weaken only gradually...
imho

sg 8887 14:37 GMT January 27, 2004 Reply   
tks nottingham. i guess i hold till 1.235 or less

Port Louis YH 14:35 GMT January 27, 2004 Reply   
Concerning USD/CHF - could any experienced guy here kindly give me his opinion for expected move for this week. I have shorted at 1.2525 but anxious to know if it will go down further?

Nottingham 14:31 GMT January 27, 2004 Reply   
sg 8887 14:25 GMT:

We are ranging playing and for that I'm no expert, but fwiw while no further new highs then there is a good chance of retracement to 30/35 area today gl gt

Oakland Daimyo 14:30 GMT January 27, 2004 Reply   
Athens 14:05 I agree w/ you on this point. Rookies may want to sit this one out. The distribution phase I mentioned takes time to work itself out. Large operators do not exit all their positions at one time, they layer them. Also, they use popular supports to draw in more dealflow and force mkt higher only to reverse these postions and dump more supply on the mkt (original intent). This is good business as it catches many specs going and coming also allows for unloading of large inventory. Be careful; "shark feeding" continues. Playing the swings w/ focus on more downside for EUR/USD and GBP/USD. By the way, take profits off table as soon as targets are met, reverses happen quickly in this environment. The same type of action drove me crazy last year before USD/JPY 117 was broken. If you were early you got hurt way before the break. Store your ammo for later or move on to other operations.

sg 8887 14:25 GMT January 27, 2004 Reply   
i short euro @1.2535 any comment? pls

Gen dk 14:23 GMT January 27, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Gen dk 14:21 GMT January 27, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Nottingham 14:20 GMT January 27, 2004 Reply   
re CAD feel the 3040/50 area might be a significant support gl gt

Brisbane 14:20 GMT January 27, 2004 Reply   
Bird flu could kill millions, WHO warns
Fears of a global health threat grew yesterday when the World Health Organisation said it was highly likely the bird flu sweeping Asia could be transmitted by humans as well as chickens.At Melbourne airport more than eight kilograms of eggs, and chicken and duck pieces from travellers arriving from Japan, China and Singapore were seized.

Tartu kuues 14:18 GMT January 27, 2004 Reply   
sarasota jf - personally i dont care what numbers where because know focus is G7,rates,interventions...

Wiarton H 14:17 GMT January 27, 2004 Reply   
ICT ML 13:05 GMT January 27, 2004
Good calls ML I like that 50 ema on the 30min chart.I also have the 76sma on the 30 min as the next hurdle.
Thanks for your posts
GL GT

singapore emperor 14:17 GMT January 27, 2004 Reply   
strong lvl eur 1.2580-1.2610.
daily chart is down.

sarasota jf 14:15 GMT January 27, 2004 Reply   
and i agree with Alicante RTN 14:06 GMT January 27, 2004 on the usdcad i am watching this mkt closely

Nottingham 14:14 GMT January 27, 2004 Reply   
Athens 14:05 GMT

For me, the euro is still sticking to my parameters but only doing just enough as far as expected results on contra moves, though admittedly one can never be 100% behind intraday contra levels in any case...gl gt

sarasota jf 14:14 GMT January 27, 2004 Reply   
Tartu kuues 14:09 GMT January 27, 2004
personally i dont care what they do and which way it goes - all i can tell you that people expected a lower number it was a slight surprise the mkt moved - im sure euryen goes down today wasnt the day it will be another one for sub 132

beijing road 14:13 GMT January 27, 2004 Reply   
nt: Around? Will take short side on cable again tonite pls?

NYC NYC 14:12 GMT January 27, 2004 Reply   
Tartu. FOMC decision is tomorrow and no one expects any changes

Tartu kuues 14:09 GMT January 27, 2004 Reply   
sarasota jf - ECB next move is down because of high EUR
FED next move is up (probably FOMC will tell us tonight) !

sarasota jf 14:09 GMT January 27, 2004 Reply   
fft let me check my expects i had it stronger

FFT 14:06 GMT January 27, 2004 Reply   
jf. German CPI was below market forecasts

Alicante RTN 14:06 GMT January 27, 2004 Reply   
A usdcad break below 1.3080/75 support level will add fuel to the fire.

FFT 14:05 GMT January 27, 2004 Reply   
German Jan preliminary CPI +0.1%, +1.2% y/y

Athens 14:05 GMT January 27, 2004 Reply   
Tricky market this week as I warned last Friday.

sarasota jf 14:04 GMT January 27, 2004 Reply   
german ones

Pecs Andras 14:03 GMT January 27, 2004 Reply   
jf
What number?

sarasota jf 14:01 GMT January 27, 2004 Reply   
also caused readjustment in euryen- now that pushed euryen stops off the agenda for another day

sarasota jf 13:58 GMT January 27, 2004 Reply   
number shows they dont have to cut rates in eur

Oakland Daimyo 13:58 GMT January 27, 2004 Reply   
London HC: Do not be dependent on news. Many traders including myself do not follow news. We watch and read for ideas (often contrary) Follow the price and volume action.

Nottingham 13:57 GMT January 27, 2004 Reply   
London HC 13:53

Doubt any "real news"...prob a mixture of people being caught short and good bids from some names limiting pullbacks so encouraging spec accts to go long...gl gt

London HC 13:53 GMT January 27, 2004 Reply   
Is there any enws out???

Gen dk 13:52 GMT January 27, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

GA TJ 13:52 GMT January 27, 2004 Reply   
Wouldn't you know it. as soon as I made that last post the market started its move. Short Swiss, Long Cable, Long NZD

Gen dk 13:50 GMT January 27, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Ldn mvs 13:50 GMT January 27, 2004 Reply   
What's the news then?

beijing road 13:49 GMT January 27, 2004 Reply   
come on, life is getting hard now. ML: great call, cable master.

Nottingham 13:49 GMT January 27, 2004 Reply   
euro 57/60 shud cap this move but allow for 80...if former trip down to 30/35 seen if latter then 55/60 but room for 30/35 gl gt

Houston WAS 13:48 GMT January 27, 2004 Reply   
Now what is the concensus of the EUR/USD??

Oakland Daimyo 13:47 GMT January 27, 2004 Reply   
ICT ML and others EUR/USD is bid hold longs for test of 1.2580/ 1.2600 Short squeeze is on.

Gen dk 13:42 GMT January 27, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Ldn MVS 13:36 GMT January 27, 2004 Reply   
CAD retail sales MoM (Nov) out at -0.3 (-0.1 expected), however less autos MoM (Nov) came out at +0.6 (vs. +0.1 expected)...hence why sell-off since release - look to play range - favour selling rallies for momo

Pecs Andras 13:33 GMT January 27, 2004 Reply   
CAN ECON: Nov Retail Sales Fall 0.3%; Ex-autos Rise 0.6%

GA TJ 13:32 GMT January 27, 2004 Reply   
Well, this is as clear as mud. The Goose is flying very eractically ( one wing I suppose). USDJPY wants to break down, no wait maybe not, Aussie and NZD made a nice little move up and now is appearently having second thoughts, The Euro makes a break up but Cable says maybe not unable to get through 1.8140. 30 min and 60 min chcarts are in conflict.

Whip It ....Whip It good.. think I will stay on the sidelines for a while longer.

Ldn MVS 13:28 GMT January 27, 2004 Reply   
CAD data out shortly - mkt moving ahead...may be choppy

Nassau QF (newb) 13:22 GMT January 27, 2004 Reply   
It was supposed to drop to maybe 105 days ago so I'm not going to open too many positions on USD/JPY

Nassau QF (newb) 13:20 GMT January 27, 2004 Reply   
Let's go BOJ.
Push it to 107 for me :)

Nassau QF (newb) 13:18 GMT January 27, 2004 Reply   
USD/JPY dropping a lot.
Hope it'll pick up before 105.5

Tel Aviv 13:17 GMT January 27, 2004 Reply   
Hi guys new here very good forum...
Any opinion about the yen ? just reached 105.80

beijing road 13:13 GMT January 27, 2004 Reply   
ML: Thank you for you ananlysis.I will stay sideline tonite, only have 2 lots of cable short position placed 34pips stoploss at 1.8200.

Gen dk 13:05 GMT January 27, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

ICT ML 13:05 GMT January 27, 2004 Reply   
road...fwiw, I got early warning buy signals on euro and cable @ 5:30 am EST this morning...........down move over, euro broke trend lkine and ema50, cable testing them right now

Eilat Dolphin 13:04 GMT January 27, 2004 Reply   
Cairo A/ Interesting this "euro 4th' candel on the 4th leg of the day" you mention...

More accurate (thus usefull) than the French version : "each one sees high noon at his door".

Stockholm za 12:59 GMT January 27, 2004 Reply   
Time decay in the pivot = ( real + fake ) - ego..........

beirut jb 12:58 GMT January 27, 2004 Reply   
Cairo A 12:48 GMT

hi mate, as soon as GBP still weak ur short could be safe IMHO

break of 125.25 is not good for short offcorse but 12550~60

should provide resistance

GL GT

Cairo A 12:48 GMT January 27, 2004 Reply   
you may sell now 1.2535(bid) S/L 1.2565(bid) T/P 1.2357(bid)

SPB Mike 12:47 GMT January 27, 2004 Reply   
Thanks for your comments guys!
Short @2470 with stop 2620, not sure to hold it if eur is over 2550

Cairo A 12:45 GMT January 27, 2004 Reply   
If eur/usd breaks 1.2565(bid) then i will change my positions from sell to buy.

chicago 12:44 GMT January 27, 2004 Reply   
euro finding support around 1.2400,
for rally back toward the mid/late 1.2600s

Cairo A 12:44 GMT January 27, 2004 Reply   
Eur/Usd reach its maximum everyday in 4th 4-hour candle in europ session to give them good apportunity to sell in NY session, hope you hold your possition and focus on sell, GT.

Nottingham 12:40 GMT January 27, 2004 Reply   
Euro s/t top now in imo...shud see 2510/2500 before 2545/50...worth shorting 27/28 if given chance gl gt

Oakland Daimyo 12:39 GMT January 27, 2004 Reply   
Standing on the sidelines for now. EUR/USD and GBP/USD operations from yesterday are over. Cable hit target but EUR/USD and USD/CHF did not. Buy signal over 1.2480 caused the early exit on EUR/USD short and Swissy sell signal under 1.2520 caused early exit on long. Took +130, +35, and +50 Looks like we have good 2 way action for now.

SPB Mike 12:37 GMT January 27, 2004 Reply   
raden_masandi

Raden, could you post your next res levls and pivot point (if possible) for eur/usd? TIA
Your posts are always appriciated!

beijing road 12:34 GMT January 27, 2004 Reply   
sorry, should be 1.8130 not 20.

GVI john 12:34 GMT January 27, 2004 Reply   
For information on how you can access GVI, contact [email protected]
STRATEGY SESSION --New York Open
Opening Levels:
eur/$ 1.2490�$/yen 105.95
DJIA -14 pts� 10-yr 4.12%, -1 bp
PERSONAL OPINIONS:
For a broad range of opening levels click on GVI�s �Market Snapshot�:
CLICK HERE
see GVI fo more...

beijing road 12:32 GMT January 27, 2004 Reply   
I guess cable bounce off the low with 3 wave,A=C in 3m chart. 18120 might be the top. I think it is a good bet to sell there with stop above today's high.

beijing road 12:25 GMT January 27, 2004 Reply   
ML: nice call on cable's swing.

Athens 12:24 GMT January 27, 2004 Reply   
Re my 22:22 on Monday, the triangles case hasn't been negated yet.

Pecs Andras 12:24 GMT January 27, 2004 Reply   
Athens 12:21 GMT January 27, 2004
Thanks Adam, for your sympathy.
I am still so shocked and sad!

Athens 12:21 GMT January 27, 2004 Reply   
Andras, very sorry about Miklos Feher, very sad.

beijing road 12:21 GMT January 27, 2004 Reply   
I guess 1.8120 might be top of this swing. Will sell there.

london rb 12:20 GMT January 27, 2004 Reply   
re london p...

earlier today nick brown "leader of the rebels" re the top up fees came out and said he/they will now support the gove re the vote...was on sky news ard 1.5 hours ago...

Pecs Andras 12:20 GMT January 27, 2004 Reply   
Just careful, sterling bearS!

Nick Brown"s Guardian-website reported switch from leading Labour top-up fee rebel to a supporter of the government"s plans, as well as aiding cable"s rebound from a one-week low of 1.8020, has freshly muddied the waters re: tonight"s Commons vote, coming as it did shortly after a prediction from deputy PM John Prescott"s that the government would lose.
The lead article on the Sky News website is reporting the switch under a headline "Brown to the Rescue" (the Brown referred to is Gordon, not Nick), with an intervention from the Chancellor cited as helping sway the former rebel"s
mind (Nick is one of Gordon"s closest allies).

Indonesia Solo raden_masandi 12:19 GMT January 27, 2004 Reply   
eur/usd top is at 1.2530
sell at 1.2511 with stp at 1.2542 target 1.2440

london p 12:13 GMT January 27, 2004 Reply   
Blair Faces Defeat

Britain's pound is today the worst performing currency against the dollar among 16 currencies monitored by Bloomberg News. The U.K. currency fell to $1.8154 from $1.8166 late yesterday

One in four lawmakers in Blair's Labour party have threatened to vote against his plan to let universities set tuition fees. The ballot is scheduled for 7 p.m. London time today. The challenge to Blair coincides with the publication tomorrow of Lord Hutton's judicial report into the death of government weapons scientist David Kelly.

``Sterling is weakening as the political tension builds,'' said Adam Cole, a currency strategist in London at Credit Agricole SA. ``The most negative scenario for sterling is that Blair's government stumbles on badly wounded.''

sg 8887 12:09 GMT January 27, 2004 Reply   
wht is 55 sma smo ?

Tu ferry 12:09 GMT January 27, 2004 Reply   
@ raden_masandi

new here in this forum; great place to share views especially yours raden. Thanks for all the work.

Have you got any ideas about EUR/USD for this afternoon?

Hong Kong nt 12:08 GMT January 27, 2004 Reply   
HK AB -- my wife and i covered all short cable positions at 1.805, sell again later...

Indonesia Solo raden_masandi 12:03 GMT January 27, 2004 Reply   
I wait you hai sellers gbp/usd at 1.7880 level for coffee toast..
:-)

Saihat 12:03 GMT January 27, 2004 Reply   
sg 8887 11:04

eur

55 sma -30min 1.2510
55(smo)ma - 15 min 1.2505

working as ressistant

sarasota jf 11:37 GMT January 27, 2004 Reply   
some stops on downside euryen - just setting that move up for later today or tomorrow

Ldn 11:28 GMT January 27, 2004 Reply   
yes well can be mkt moving - unfortunately I do not know what is 4cast tdy!

Melbourne Qindex 11:28 GMT January 27, 2004 Reply   
USD/CHF : Current Comment . Register with [email protected] if you have no access to my page.

beirut jb 11:23 GMT January 27, 2004 Reply   
Ldn 11:08 GMT

thank u,is it important data usualy??

ICT ML 11:22 GMT January 27, 2004 Reply   
Took a long cable possie for 1.8145 area trend line and 30 min ema50.....had a good reason to do it in techs...will see if it was a mistake pretty quick.

Indonesia Solo raden_masandi 11:11 GMT January 27, 2004 Reply   
when at 1.8083
seen swing was finished for gbp/usd.
seen start from here to move down.
good for sell again.

Ldn 11:08 GMT January 27, 2004 Reply   
don't 4get 13.30gmt is CAD retail sales data - cud get a bit choppy nearer the time

GVI john 11:08 GMT January 27, 2004 Reply   
Repeat...
I got a bunch if these today

GVI john 23:37 GMT January 26, 2004
Headline- DJ
Major email virus outbreak underway. Details not availble yet, but I checked Symantec. They were sketchy also:

"Security Response is currently investigating a new mass-mailing worm. Initial submissions have been received with file extensions of .exe, .pif, .scr, and .zip. Additional information will be made available as soon as possible."

sg 8887 11:04 GMT January 27, 2004 Reply   
hi saihat , i think u r quite good in range....
updated me soon

Ldn 11:04 GMT January 27, 2004 Reply   
Looks like USD/CAD has caught the flu now!

Ldn 11:01 GMT January 27, 2004 Reply   
Tks for that bc - I guess that US pressure is also a reason not to move too soon! lol ....let's show them who is in control hehe

sg 8887 10:59 GMT January 27, 2004 Reply   
anyone here play euro?
or monitor , care 2 share

shanghai bc 10:59 GMT January 27, 2004 Reply   

This year,Rmb band has a 50/50 chance of widening its band up to 1-2% from the existing band, if that will have any forex implication at all..Doing anything in a rush is very unchinese even in the year of Monkey..Fwiw..

Melbourne Qindex 10:57 GMT January 27, 2004 Reply   
Melbourne Qindex 08:02 GMT January 27, 2004
GBP/USD : The congested area of my daily cycle is projected at 1.7965 - 1.8175 and the mid-point reference is 1.8070......

sg 8887 10:56 GMT January 27, 2004 Reply   
sell euro 1.25
buy nr 1.21+/-

Ldn 10:53 GMT January 27, 2004 Reply   
if 80/85 brks on GBP now will be key reversal on hourlies.........

beijing road 10:50 GMT January 27, 2004 Reply   
I am widen stoploss from 1.8163 to 1.8200, and place see order at 1.8160 with same stoploss. Expect cable to dive past 1.7820 level.

Melbourne Qindex 10:49 GMT January 27, 2004 Reply   
Melbourne Qindex 06:28 GMT January 27, 2004
EUR/USD : A projected resistant level has been established at 1.2510 - 1.2516.

Ldn 10:49 GMT January 27, 2004 Reply   
The vultures are out to give the BoJ another stab - press focusing on how BoJ will prob resist too much intervention in order to avoid too much criticism at G-7 - but main story of course of the ever increasing chance of Chinese widening of band...seems the bird flu is taking a backseat!

Saihat 10:46 GMT January 27, 2004 Reply   
gpb at 1.8080

Saihat 10:45 GMT January 27, 2004 Reply   
selling eur at 1.2505 may good &

gbp at 1.8180

GA TJ 10:45 GMT January 27, 2004 Reply   
It seems that there is a fairly good chance of reversals this morning. NZDUSD just Long and USDCAD just went Short on my stuff. Euro is threatening to reverse. Have not entered anything yet.

Closed GBPJPY from 194.50 from Sun night. 300+ PIPS on that one. Had a couple of small losers on USDCADnad USDJPY for 60 PIP loss. Netted out about 250.

Tokyo Jon 10:43 GMT January 27, 2004 Reply   
gbpjpy, After reaching my second target 191.10, my next position is shorting again for a target of 189.55, where a long may be in order for a little run of 100 pips.

Brisbane ron 10:41 GMT January 27, 2004 Reply   
Cable has seen its low for today at 1.8016

Ldn 10:41 GMT January 27, 2004 Reply   
Hring Russian names on the bid in GBP now - another football club to buy ? ! lol

Chambery FR JFB 10:41 GMT January 27, 2004 Reply   
Indonesia Solo raden_masandi 10:19 GMT January 27, 2004
the t/l starts on 11/07/03 thru 01/19/04 and is currently ard 1.7960... I hope YOU are right and we see 1.7875 :-) GT

Ldn 10:37 GMT January 27, 2004 Reply   
Well put RTN - couldn't agree more!

Alicante RTN 10:29 GMT January 27, 2004 Reply   
I am not suggesting that this correction in eurusd and cable is finished, but it may be getting closer to the end.

Keep an eye on usdcad as it may offer an early warning signal before the other majors starts turning around.

The current correction started with usdcad bottoming 2 days before eurusd/usdchf/cable and the strong moves on the 23rd started several hours earlier in cad than in the other currencies.

I am personally still long usdchf, but will not get greedy here with usdcad flashing some possible warning signals. A move below 1.3080/75 support would suggest extreme caution.

Gen dk 10:28 GMT January 27, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

beirut jb 10:24 GMT January 27, 2004 Reply   
Adelaide albbar 09:55 GMT

If $/cad will resume up today at least it shouldnt test 13075

higher low is rquired

and may be lod is just posted , 13125 will tell us

GL GT

Melbourne Qindex 10:21 GMT January 27, 2004 Reply   
Plovdiv Gotin 10:08 GMT - It is possible.

Indonesia Solo raden_masandi 10:19 GMT January 27, 2004 Reply   
Chamberry.
I can not find your level 1.7960 from 4 hours chart. I think that number will be easy to pass.
I am focuse on the daily chart and look bottom 1.7823. I believe that bottom will be aproached..so safety exit at 1.7880.

Plovdiv Gotin 10:08 GMT January 27, 2004 Reply   
to Qindex/ 1.2149 to the end of the week?TIA.

Indonesia Solo raden_masandi 10:02 GMT January 27, 2004 Reply   
Chamberry..
thanks.
I am sorry.. I mean 1.7880 (not 1.6880)...still have time to corection my typing caused by your info.
thanks.

Melbourne Qindex 09:56 GMT January 27, 2004 Reply   
Melbourne Qindex 22:11 GMT January 26, 2004
EUR/USD : The market has anchored itself around 1.2460 after the move from 1.2775. It is going to tackle the barrier at 1.2305 - 1.2335. The short term target is 1.2149.

Melbourne Qindex 09:56 GMT January 27, 2004 Reply   
Melbourne Qindex 23:09 GMT January 26, 2004
EUR/USD : the congested area of my daily cycle is projected at 1.2311 - 1.2494. The upper barrier of my daily cycle is positioning at 1.2580 // 1.2618. the lower barrier is expected at 1.2281 // 1.2319.


... 1.2281 // 1.2319, 1.2356, (1.2393), 1.2431, 1.2468, 1.2506, 1.2543, 1.2580 // 1.2618 ...

Adelaide albbar 09:55 GMT January 27, 2004 Reply   
Ldn 09:46 GMT
You might well be right re cad giving the direction - breaking strong support at 1.3075 would be clear signal for me to give up on longs.

Gothenburg XON 09:54 GMT January 27, 2004 Reply   
Stockholm, za
Thank you for your reply, I will look at your numbers...

Good trades to you!

ICT ML 09:53 GMT January 27, 2004 Reply   
road...been closed and reopened a few times.....current one looks good

Brisbane L 09:53 GMT January 27, 2004 Reply   
Australian local press raised prospects of an unchanged verdict at the Feb 3rd rate setting meeting, noting that a more dovish global monetary policy environment could stay the CB"s hand and encourage an on hold outlook, while the strong ccy is weighing on price pressures. Q4 PPI was much weaker than expected, with a 0.1% qoq rise against expectations of a 0.3-0.5% reading. Inflation for Q4 is due out at 00.30GMT Wed and the benign PPI has seen forecasts for this shaved back with a 2.4% yoy print seen from 2.6% in Q3 - crucially into the middle of the 2-3% target range. A weaker figure than 2.4% could seriously dent Feb hiking hopes.
AAP

beijing road 09:50 GMT January 27, 2004 Reply   
ICT ML : how is cable short position from 1.83--level?

Chambery FR JFB 09:50 GMT January 27, 2004 Reply   
Indonesia Solo raden_masandi 09:39 GMT January 27, 2004
Hi Raden, great calls :-) Don't you see a hurdle @1.7960 first b4 1.7875(upper t/l on 4 hours chart)? TIA GL GT

Indonesia Solo raden_masandi 09:50 GMT January 27, 2004 Reply   
My subjective opinion when gbp/usd at 1.8043
if you want to catch 1.6875 please not thinking for buy. please thinking for sell always when price move up.
be patience to wait for that number. not to worry for sell because we walk on 90% probability to get that number or I say that number must be get.
but in this game always many traders want to walk on 10% prob.
remember this view when we meet 1.6880......zzzzzzzzzzzzz

Ldn 09:48 GMT January 27, 2004 Reply   
FRENCH TREASURY admits that they have the means to intervene on fx markets and that they liase on a regular basis with other G7 members IFO"s Nerb also expressing alarm that the German economy could suffer upon a stronger euro. More official comments still with EU"s Prodi stating that he shares Trichet"s concerns over possible evolution of the euro.

ICT ML 09:48 GMT January 27, 2004 Reply   
nk...you thiking 1.2350-60 area again?

Ldn 09:46 GMT January 27, 2004 Reply   
Watch CAD guys - may be seeing similar reverse pattern of last week - wud not bet too much on this GBP lower - in fact think we may have found base for momo!

Pecs Andras 09:46 GMT January 27, 2004 Reply   
"lethargic" CAD slid some 50 pis in no time...
Anyi idea why?

saloniko 2004 nk..1.43 09:46 GMT January 27, 2004 Reply   
Good Morning..

Many are happy with Euro press or $cover ..

In my opinion that pullback is good for another Europush up soon..or another $push down

Euro is close to a favore Buy area i guess ...



nk

Melbourne Qindex 09:45 GMT January 27, 2004 Reply   
Melbourne Qindex 09:38 GMT January 27, 2004
GBP/JPY : The market is currently trading below the congested area of my daily cycle projected at 191.88 - 193.77. The lower barrier of my daily cycle is expected at 190.70 // 191.18 and the upper barrier is positioning at 193.53 // 194.00.


... 190.71 // 191.18, (191.65), 192.12, 192.59, (193.06), 193.53 // 194.00 ...

Melbourne Qindex 09:44 GMT January 27, 2004 Reply   
GBP/JPY : The following is still valid :-

Melbourne Qindex 11:52 GMT January 16, 2004
GBP/JPY : The trading reference of my 44-day is as follow :-

... // 188.81* - 190.67 - 192.52* - 194.37 - 196.22* // ...

beijing road 09:41 GMT January 27, 2004 Reply   
cable looks great now!

chicago cal 09:40 GMT January 27, 2004 Reply   
agreed this is another good entry point for a cable short and add to existing shorts

Melbourne Qindex 09:39 GMT January 27, 2004 Reply   
GBP/JPY : Current Comment . Register with [email protected] if you have no access to my page.

Indonesia Solo raden_masandi 09:39 GMT January 27, 2004 Reply   
okayyyyyyy.
gbp/usd give me info 1.7875.
thanks... I will againts if price be moved up.

Indonesia Solo raden_masandi 09:37 GMT January 27, 2004 Reply   
be carefull with gbp/usd..now is oon the key situation.

Indonesia Solo raden_masandi 09:33 GMT January 27, 2004 Reply   
exit selling gbp/usd now at 1.8060 for safety exit profit.
wait show number 1.8037 to get 90% probability to go 1.7875
if that number be shown..I am in full confidence 1.7875. sell there and againts if move up for swing only...always walking on 90% prob. zzzzzzzzzzzz

Adelaide albbar 09:32 GMT January 27, 2004 Reply   
beirut jb 09:26 GMT
Agree, strong move in the wind. Maybe need to wait for US session for break of resistance. Thanks for comments, GT & GL

Stockholm za 09:27 GMT January 27, 2004 Reply   
Gothenburg XON 07:58.....
No i do not Trade that Pair, However this could be Todays activity... look for strength inside the zoans
15738-15716
15695-15688
15659
15631-15624
15602-15581
True Range ~15767 -:- 15539

ps. Sorry for late rep. & happy trades to you .....

beirut jb 09:26 GMT January 27, 2004 Reply   
Good morning traders,


Adelaide albbar 09:05 GMT


U r right $/cad is making new high daily chart and higher close since 132 rejection but it's

very slow compared to eur and cable,

timing suggest an imminent decent move , will test again 132 and head to 133 and 13420 test or drop cant tell u, daily is bullish and weekly reverse to long if close friday above 13165

GL GT

beijing road 09:23 GMT January 27, 2004 Reply   
If 1.25 is seen, will open short position of EUr stop at 12550 level.

beijing road 09:22 GMT January 27, 2004 Reply   
Cable short position looks good now.

Adelaide albbar 09:05 GMT January 27, 2004 Reply   
Any comments why cad is so lethargic compared with eur and cable. She did bounce off 50 EMA on the 30 min chart but I'd expected her to break thru 1.3180 barrier!

Genoa nic 09:02 GMT January 27, 2004 Reply   
Good morning all

IFO 97.4 from 96.9

Bangalroe RKG 08:45 GMT January 27, 2004 Reply   
Euro likely to face short term resistance around 1.2470 and drift lower to 1.2420/1.2390, from where a corrective bounce into 1.2600 area is likely. Cable falls to 1.8025 in a moment!!!
GL

Bangalroe RKG 08:45 GMT January 27, 2004 Reply   
Euro likely to face short term resistance around 1.2470 and drift lower to 1.2420/1.2390, from where a corrective bounce into 1.2600 area is likely. Cable falls to 1.8025 in a moment!!!
GL

Bangalroe RKG 08:43 GMT January 27, 2004 Reply   
Euro likely to face short term resistance around 1.2470 and drift lower to 1.2420/1.2390, from where a corrective bounce into 1.2600 area is likely. Cable falls to 1.8025 in a moment!!!
GL

Bangalroe RKG 08:43 GMT January 27, 2004 Reply   
Euro likely to face short term resistance around 1.2470 and drift lower to 1.2420/1.2390, from where a corrective bounce into 1.2600 area is likely. Cable falls to 1.8025 in a moment!!!
GL

Brisbane L 08:28 GMT January 27, 2004 Reply   
POWELL tells Russian radio that the Dollar is still a god investment and the US Admin is monitoring $ exchange rates. This is most likely an attempt to build confidence the US will not allow the Dlr fall to lead to a capital outflow from asset markets, though could also impact $ sentiment given nerves ahead of the G7.
Bloomberg

Melbourne Qindex 08:19 GMT January 27, 2004 Reply   
GBP/USD : Current Comment . Register with [email protected] if you have no access to my page.

Ldn 08:16 GMT January 27, 2004 Reply   
EURO failure to hold on to gains of late warns that recent moves are likely corrective and not the start of a new bull-run. With this in mind, the bank favors selling upticks toward 1.2480 and 1.2510, leaving stops at 1.2525, for target of 1.2460 ahead of 1.2360.

singapore emperor 08:15 GMT January 27, 2004 Reply   
Hrly bullish divergence in eur..... choppy mkt, similar to
yesterday ldn mkt

London MJM 08:07 GMT January 27, 2004 Reply   
viies// Good morning.. I believe eur/usd sell is overdone.. might bounce from 1.2370 - 1.2410 lvls to 1.26/1.27.. What is yr view? GL!

Melbourne Qindex 08:03 GMT January 27, 2004 Reply   
GBP/USD : Current Comment . Register with [email protected] if you have no access to my page.

singapore emperor 08:00 GMT January 27, 2004 Reply   
great.... sell eurgbp.
hrly resistance eur at 1.2470. sell

Gothenburg XON 07:58 GMT January 27, 2004 Reply   
Stockholm, Za,

Do you trade EUR/CHF aswell?
On my charts I can see a possible short @ current level to 1,5600 with the 5MA crossing over the 20MA.

TIA

Singapore Pilot 07:49 GMT January 27, 2004 Reply   
think eur/gbp is a sell...shud not get abv 0.6915 ...

nyc beyonding_destiny 07:45 GMT January 27, 2004 Reply   
why i can't c any possible of upside in EurYen, it seems only BoJ int. may keeps it above its 200-SMA around 131.2 area...a surprise of G7 may lead it to re-test 125...BTW, any comment on EurGbp? ty..Gl.GT,all

Chambery FR JFB 07:42 GMT January 27, 2004 Reply   
chicago cal 07:40 GMT January 27, 2004
Agree with you. short @1.8090, s/l @1.8170, t/p = 1.7900. GL GT

chicago cal 07:40 GMT January 27, 2004 Reply   
technically speaking; cable is a good sell here for 1.7900
nervous types may want to stay away from this pair

Ldn 07:35 GMT January 27, 2004 Reply   
Bird Flu Kills 8 In Asia In Deadliest Outbreak On Record

Indonesia Solo raden_masandi 07:28 GMT January 27, 2004 Reply   
yesssssssssss eur/usd and gbp/usd
walking on the high probability...
noone want to walk on the 10% prob.

Melbourne Qindex 07:17 GMT January 27, 2004 Reply   
USD/JPY : Current Comment  . Register with [email protected] if you have no access to my page.

Melbourne Qindex 07:16 GMT January 27, 2004 Reply   
Melbourne Qindex 07:07 GMT January 27, 2004
EUR/USD : Speculative selling will increase if the market can penetrate through 1.2443 - 1.2462.

Brisbane L 07:09 GMT January 27, 2004 Reply   
Seems the Japanese are repatriating early
Japanese life insurers' EUR-denominated debt portfolios around 50% of all foreign bond holdings, the talk is some repatriation is under way, well ahead of mid-February when this usually takes place. Sales were noted from this bloc around the time of the Tokyo fix and thereafter. AUD/JPY sales also going through.

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

Melbourne Qindex 06:58 GMT January 27, 2004 Reply   
EUR/GBP : Current Comment . Register with [email protected] if you have no access to my page.

TEXAS cduster 06:47 GMT January 27, 2004 Reply   
jk, what time frame are you talking about, overnight?

oklahoma jk 06:44 GMT January 27, 2004 Reply   
euro will depreciate from 1.2470 to 1.2400

beijing road 06:41 GMT January 27, 2004 Reply   
Its steep uptrend channel has been kept intact since last Sept.

hk ab 0.88 06:40 GMT January 27, 2004 Reply   
road, yup, and lucky that I took all the things when it bounced back to .9800.

However, I think this 1.02 is somewhat psy. barrier.

beijing road 06:36 GMT January 27, 2004 Reply   
hk ab 0.88 :aud/cad is very bullish.

Melbourne Qindex 06:27 GMT January 27, 2004 Reply   
EUR/USD : A projected resistant level has been established at 1.2510 - 1.2516. The following references are still vALID :-


Melbourne Qindex 06:53 GMT January 13, 2004
EUR/USD The current expected trading range from my 44-day cycle is 1.2389 - 1.2897 and the mid-point reference is 1.2643. Projected supporting and resistant point is expected at 1.1882 and 1.3151 respectively.
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* ...

Melbourne Qindex 00:56 GMT January 25, 2004
EUR/USD : 22-Day Cycle Quantised Levels

... 1.2332* // 1.2421, 1.2510*, 1.2599, 1.2688*, 1.2777 // 1.2866 ...

Stockholm za 06:26 GMT January 27, 2004 Reply   
CHF/JPY >> R & S zoans today....
8649-8601
8553-8538
8475
8412-8397
8349-8301
Pull Back V = ~8505
Happy trades....

hk ab 0.88 06:23 GMT January 27, 2004 Reply   
anyone trade aud/cad here?

Warsaw jan 06:21 GMT January 27, 2004 Reply   
"emperor" your 1,1820 would be a grain of salt in my eye :-)) but era yoyo tradings is quite possible for some time...

LAX-LGB SNP 06:14 GMT January 27, 2004 Reply   
22:18 GMT January 26, 2004
so far so good but still flat on GBPUSD (waiting for sub-1.8110) while waiting for USDCHF to top out @ 1.27 & EURJPY to break below 132

gonna short AUDUSD below 0.7707 - 0.7630 will prove testing grounds and long USDCAD ahead of the 1.3145-1.3155 zone

TTYL GL y'all :-)

Berlin Hans 06:09 GMT January 27, 2004 Reply   
don't tell too much about GBP, it's merely third class currency (funny one) even less than that...

Brisbane L 05:44 GMT January 27, 2004 Reply   
US economist Bergstan"s comments that G7
wants rise in Asian currencies without Dlr free fall also make Eur/Yen shorts
look like a good play ahead of next wk"s G7 meeting. As for Eur/Dlr, a failure to hold 1.2460 o/n low risks further retracement to 1.2334 19Jan low. Cable has
found support ahead of the 1.8100 handle, although its n/t fate would depend on political developments in the UK.

reuters report still putting pressure on Euro

Brisbane L 05:17 GMT January 27, 2004 Reply   
Large USD/JPY 108.00 Small 107.50 and 108.25 option expiry at the NY fix tonight Large AUD/USD 7650 expiry

todays benign PPI and possible a soft CPI
report tomorrow. May dampen case for an RBA interest rate hike next week

hk ab 0.88 04:59 GMT January 27, 2004 Reply   
aussie looks quite stubborn to retrace. let's see what will happen on those buy high sell lowers.

hk ab 0.88 04:58 GMT January 27, 2004 Reply   
1.8125.

hk ab 0.88 04:57 GMT January 27, 2004 Reply   
buy some gbp here for day play.

melbourne farmacia 04:52 GMT January 27, 2004 Reply   
Gbp/Usd - Two intersecting points might provide some clues for the next phase in gbp/usd movements. These points of interest range between 1.8032 & 1.8074 as of today fwiw

Over the last few weeks, my model levels have rewarded healthy trading opportunities if taken at the time. These levels include: 1.8465 , 1.8102 and 1.7809, give or take a few pips. Gbp's failure to overcome the upper level and yearly high will continue to put pressure on the downside for now. Only a break above 1.8603 will put us in sight of 1.9053. ( G7 dialogue might limit the up side for a few more months, based on the comments made at W.E.F over the weekend ) At this stage my model remains flat as 1.8102 has printed. I will only open new positions once the signals become clear. GT

TEXAS cduster 04:52 GMT January 27, 2004 Reply   
I'm a little doubtful myself but my outside pivot is at 1.1820

phils VL 04:50 GMT January 27, 2004 Reply   
Eur/Usd
Expect 1-2 day consolidation beween 1.2425 - 1.2535, before an attempt to push up to 1.2620 area. Rejection at this lvl will bring it sharply back down to test the low of 1.2330

TEXAS cduster 04:50 GMT January 27, 2004 Reply   
good to hear that emperor think we'll see 1.18 before we start back up?

Tokyo Jon 04:46 GMT January 27, 2004 Reply   
hi ho,
gbpjpy has reached my target of 192.20. Now for some yoyo but still looking for another 100 pips lower. which should drag eurusd down below 1.2400 sell on up ticks

singapore emperor 04:46 GMT January 27, 2004 Reply   
yessss.. eur 1.2250 follow by 1.2100 region.
Daily showed bearish signal, matter of time.

TEXAS cduster 04:43 GMT January 27, 2004 Reply   
Hi everyone, new to this forum. does it look to anyone else like we'll see 1.2300 on the EUR/USD before the week is over?

Singapore Pilot 04:37 GMT January 27, 2004 Reply   
ok thanks...still like it lower...reckon we see deeper correction to 1.20 1.21 type of levels ..matter of getting your timing right and how deep your pockets are....too many people looking at 1.30 1.35 now ..so time for deep correction first

singapore emperor 04:36 GMT January 27, 2004 Reply   
tats for eur.

singapore emperor 04:34 GMT January 27, 2004 Reply   
it seems strong bids ard 1.2450-55, in line with the hourly trendline ss frm the extreme low.....watch it

Hong Kong nt 04:07 GMT January 27, 2004 Reply   
hk ab 0.88 03:57 GMT -- guess there maybe some more consolidation in 1.3000-1.3200 before take-off, i prefer to buy at the lower end of the range...

hk ab 0.88 03:57 GMT January 27, 2004 Reply   
the only worry now left in my mind is the inability for dlr to overcome 1.32 dlr/cad.

Hong Kong nt 03:43 GMT January 27, 2004 Reply   
hk ab 0.88 03:39 GMT -- Thanks. Hope you have many good trades this year..

hk ab 0.88 03:39 GMT January 27, 2004 Reply   
btw, almost forgotten to you all,
Kung Hei Fat Choi, nt.

Singapore Pilot 03:36 GMT January 27, 2004 Reply   
yeah... i like that target ...reckon we see 1.77 type of levels first rather than ever seeing 1.85 again

hk ab 0.88 03:34 GMT January 27, 2004 Reply   
nt, send more kisses to her during the Feb 14 la...

wonderful!

Hong Kong nt 03:28 GMT January 27, 2004 Reply   
beijing road 03:13 GMT -- agree, she is a great wife below the neck and above the abdomen...hahaha

Hong Kong nt 03:26 GMT January 27, 2004 Reply   
hk ab 0.88 03:08 GMT -- she sold some more at 1.84, aim for 1.7777...

beijing road 03:13 GMT January 27, 2004 Reply   
ab: she must be a great wife,wowo.

hk ab 0.88 03:08 GMT January 27, 2004 Reply   
road, nt's wife held a short above 1.85 fwiw....

singapore emperor 03:06 GMT January 27, 2004 Reply   
GBP is looking sick ...... resis at 1.8180. break below 1.8080, we see gbp lower towards 1.8000.

beijing road 03:03 GMT January 27, 2004 Reply   
ML: R u still holding cable short positions since Friday?

HK RF@ 02:58 GMT January 27, 2004 Reply   
My Q. of the day??? Looking on the lower band list...

LOWER BANDS 1.2452 1.2438 1.2419 1.2405 1.2390 1.2372 1.2342

If a break of 1.2372 will occur will 1.2342 hold????

Singapore Pilot 02:57 GMT January 27, 2004 Reply   
guys..... so as not to annoy the other users and get thrown out of this forum eventually can we restrict this to FX market conversations only pls?

Singapore Pilot 02:56 GMT January 27, 2004 Reply   
yo Fei Mow....yeah sure....come over to my office with 2 oranges and i will give u an ang pow thats for sure ..i promise

beijing road 02:54 GMT January 27, 2004 Reply   
sell order filled at 18166 with stop at 1.8163now. keep target open.

singapore fei mao 02:48 GMT January 27, 2004 Reply   
Pilot

The postman must have misplaced the red packet you sent me.
Can pick from you if suits?

singapore emperor 02:41 GMT January 27, 2004 Reply   
Hope the year of monkey will bring lots of yoyo trades.

singapore emperor 02:38 GMT January 27, 2004 Reply   
let him use the nickname... ( hard on )

Singapore Pilot 02:36 GMT January 27, 2004 Reply   
yeah you said it....this is one mischievious monkey... think best to buy when it looks bearish ..sell when it looks biddish....at least for the next couple days ....otherwise.. i think i stay out and wait for better levels....

singapore emperor 02:36 GMT January 27, 2004 Reply   
asian waste of time to trade..... all rangy here
good bids eur at 1.2420-30

singapore emperor 02:34 GMT January 27, 2004 Reply   
agreed w u ... when the trend is down, no matter how much intervention, will see usyen to 105.00

hk ab 0.88 02:33 GMT January 27, 2004 Reply   
what a beginning of monkey year....

eur likes a yoyo...
swing swing and swing,

now price likely to flip back above 1.25 again.


This yen game become more and more dangerous.


The fourth failure day attack on 106 and sellers are still hanging around.

Singapore Pilot 02:31 GMT January 27, 2004 Reply   
thanks mate....trouble is...are these dlr sales really specs or Exporters who really need to sell? How long can the BOJ subsidize these guys?

singapore 02:28 GMT January 27, 2004 Reply   
intervention needed for those speculative dollar sales
mof

Caribbean! Rafe... 02:17 GMT January 27, 2004 Reply   
Ge11Ja// thanks, hopefully will be able to speak to you tomorrow.

Caribbean! Rafe... 02:16 GMT January 27, 2004 Reply   
hope you guys find the bands useful for GBP/JPY and EUR/USD today.

i'm off now trying to figure out how to use the darn square.

Sydney Ge11Ja 02:13 GMT January 27, 2004 Reply   
i cant help you with that im afraid re the term and to be honest it has lost its significance as the market has been deregulated, actually used to have start, lunch and finish times when tokyo banks would not quote you.
10 plus years ago the tokyo fix was one of the best games in the market.
all the european countries had fixes as well (i think they still do) and they used to get wild too as big orders went through or the central banks would use it as an opportunity to move their currencies. when i was in the market then in london we actually would not quote during the Bundesbank fix

Caribbean! Rafe... 02:10 GMT January 27, 2004 Reply   
now i need some help understanding how to use the square of nine for currencies. any one use it and can provide some assistance pls?

TIA.

Indonesia Solo raden_masandi 02:10 GMT January 27, 2004 Reply   
texas roe and chicago Irish.
about eur/usd
you can use stp at 1.2500
now given me infor 1.2368..but before go there arround 1.2410 will be get taking profit emotion.

Melbourne Qindex 02:08 GMT January 27, 2004 Reply   
Melbourne Qindex 02:08 GMT January 27, 2004
EUR/JPY : The normal trading range of my daily cycle is 131.38 - 133.23. The upper barrier is positioning at 132.86 // 133.23 and the lower barrier is expected at 131.01 // 131.38.


... 130.64, 131.01 // 131.38, 131.75, (132.12), 132.49, 132.86 // 133.23 ...

singapore pilot 02:01 GMT January 27, 2004 Reply   
thanks for the help GE11ja...good info for me as well..
cheers

Caribbean! Rafe... 02:01 GMT January 27, 2004 Reply   
Ge11Ja// yes very helpful. i wish this activity had some sort of term attached to it, meaning something i could go lookup on google when i get more time.

Gen dk 01:57 GMT January 27, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Sydney Ge11Ja 01:56 GMT January 27, 2004 Reply   
sorry last post was for carribean rafe

Sydney Ge11Ja 01:55 GMT January 27, 2004 Reply   
The Tokyo yen fix exists because unlike most centres a lot of Japanese corporates arent able to deal with their bank when they feel like it but have to cover their fx at the fix
The Japanese banks take it in turns to set the fix and this will be depenedent on what they have to cover themselves
So it works like this, say it is BOT Mitsubishi turn to set the fix and he looks at his order book and sees net net he has 300 mio usd to buy for the fix he will buy usd in the market and bid it up before 9:55 am Tokyo time to set the rate as high as possible, vice versa if he has net sellers. The corporates then get set at the fixing rate plus their margin so it might be say the fix plus 10 pips for a middle credit quality corporate and the fix plus 3 points for a high credit corporate/ good relationship corporate

In the old days you would watch the market in Tokyo between 9:00 and 9:55 and then buy or sell a breakout of that range....the corporates also had the right to renegotiate their rates if the market moved 100 pips from the fix


typically end of month, end of quarter and end year fixes are very important

does that help?

singapore pilot 01:54 GMT January 27, 2004 Reply   
Yo we saw the low of 1.8093 a while ago...so looks like some weak longs taken out already? sharpies came in to buy below 1.8100... good sellers at 1.2510-30 in the Eur

Melbourne Qindex 01:50 GMT January 27, 2004 Reply   
EUR/JPY : Current Comment . Register with [email protected] if you have no access to my page.

sing ang moh ang pow 01:50 GMT January 27, 2004 Reply   
pilot

hearing mixed on cbl.....also hearing stops below 1.8100

aud.....watch the eur. bids in 60/80 region....exporters afraid of missing the dip like last week. buy 7660 cuts 7620/7740

sarasota jf 01:48 GMT January 27, 2004 Reply   
just wanted to post a little more explanation of couple things i have posted previosuly - not everything happens in 15 minutes - when people are doing large trades or theres a shift as i indicated today in my experience the market does not respond in 5 minutes - it takes a little time for people to gain access to what has happened and alot of participants try to bet agst the change- for example today i post abt how the japanese have been made aware that usdyen is preparing to move lower the mof in the past has given them a few days to adjust positions before allowing this to happen- so i feel this is what is sometimes needed a little bit of a broader view and not just a 5 minute time frame ..gt

singapore pilot 01:47 GMT January 27, 2004 Reply   
Fei Mow...... good bids in gbp and oz i hear

Melbourne Qindex 01:47 GMT January 27, 2004 Reply   
EUR/JPY : Monthly Cycle Charts

Singapore fei mow 01:45 GMT January 27, 2004 Reply   
get back to work Denis!!!!!!!

mtl gg 01:44 GMT January 27, 2004 Reply   
singapore - pilot

thanks for the timely post... you can do THAT again!

tokyo fxtrader 01:43 GMT January 27, 2004 Reply   
This downmove is not a surprise to me (see below). And it is not over yet. I Now aiming for the lower bracket as suggested.


tokyo fxtrader 03:53 GMT January 21, 2004
An explosive come back after few days retracement. Interestingly, both EURUSD and GBPUSD bounced right ahead of the 38.2% retracement that is likely the end of wave 4 for a final push to another high. Don't read too much into waves though.

However, things are not usually this simple. Expect a very complex consolidation between 1.21-1.23 to 1.27-1.29 for EURUSD. Buy in the lower bracket and sell in the upper bracket. For today and you already longed yesterday (or Friday), stop should be set below 1.2510 and take profit before 1.2680.

And GBPUSD, stop below 1.8100 and target 1.8300.
Stay aside for a day or two afterwards. Picture will become clearer if the bull trend has resumed or it's just a bull trap.

good luck.

Caribbean! Rafe... 01:39 GMT January 27, 2004 Reply   
lee// ok yaar, thanks for the effort anyway. :)

do you know how to use the gann square of nine for currencies?. i heard there is some type of conversion that needs to take place but not so sure how to do it or what end result i should end up with.

singapore pilot 01:37 GMT January 27, 2004 Reply   
Hello Rafe...sorry for the delay ...wasn't looking at my screen
Tokyo fix is 5 minutes before 10am Tok Time.....We can't normally get info as to what kind of orders the major banks in Tokyo have or what they need to do on the fix until closer to the time or after the fact....sometimes there might be leakages if anybody needs to do anything big...but most ppl get after the fact info....Gbp/Yen and Eur/jpy selling today..looks like liquidation of some carry trades

Ga Lee 01:33 GMT January 27, 2004 Reply   
I'll cede to a wiser brain Rafe, that's all I've ever heard it referred to..

Gen dk 01:33 GMT January 27, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Caribbean! Rafe... 01:27 GMT January 27, 2004 Reply   
lee// i thought so that they do have fixes everyday. but the correct term is what i am looking for, it surely is not called european fix or asian fix alone.. it has some label attached to it. eg looking for currencies arbritage on google gives some indication what the whole word means in context of currencies, in the same way these fixes must have some sort of term applied to them.

Ldn 01:24 GMT January 27, 2004 Reply   
Treasuries lower, strong housing figures frighten
http://biz.yahoo.com/rf/040126/markets_bonds_6.html

Ldn 01:24 GMT January 27, 2004 Reply   
Treasuries lower, strong housing figures frighten
http://biz.yahoo.com/rf/040126/markets_bonds_6.html

ICT ML 01:22 GMT January 27, 2004 Reply   
taking a walk on the wild side again.....short gbp/Jpy 192.18 for 191.00 maybe

Melbourne Qindex 01:21 GMT January 27, 2004 Reply   
Melbourne Qindex 07:05 GMT January 23, 2004
Spot Gold : My 5-day cycle charts indicate that ........Projected supporting points are expected at 403.6 and 398.5.

Ga Lee 01:20 GMT January 27, 2004 Reply   
all sessions do Rafe...

Caribbean! Rafe... 01:18 GMT January 27, 2004 Reply   
singapore pilot// what is the correct term applied to the markets? eg. tokyo fix, do we have any other session fixes?

i have read a little about them in the past but want to know the correct term and probably do some research on the topic to learn some more here.

TIA.

New York 01:14 GMT January 27, 2004 Reply   
74 Sorry

singapore 01:13 GMT January 27, 2004 Reply   
tks rafe

singapore 01:13 GMT January 27, 2004 Reply   
tks rafe

Eilat Dolphin 01:12 GMT January 27, 2004 Reply   
GEP/ Adelaide is right: my quoute lacks ten pips downwards.
Getting late I guess...

New York 01:12 GMT January 27, 2004 Reply   
EURO/GBP did not trade a pip below 0.6864 FWIW.

Caribbean! Rafe... 01:11 GMT January 27, 2004 Reply   
Bands created by a proprietary alogrithm, many find it to be of much use when markets are volatile.

OKLN Raider 01:11 GMT January 27, 2004 Reply   
Dallas GEP
Thats called a "lean". (as if you didnt know)

Caribbean! Rafe... 01:09 GMT January 27, 2004 Reply   
tokyo fix? how can one get more information about these daily fixes?

if you don't mind my asking what is the correct term for it?

singapore 01:07 GMT January 27, 2004 Reply   
where u get the bands frm .. ?

Caribbean! Rafe... 01:06 GMT January 27, 2004 Reply   
EUR/USD UPPER BANDS 1.2482 1.2496 1.2515 1.2529 1.2544 1.2562 1.2592
LOWER BANDS 1.2452 1.2438 1.2419 1.2405 1.2390 1.2372 1.2342


USD/CHF UPPER BANDS 1.2586 1.2601 1.2619 1.2634 1.2649 1.2667 1.2697
LOWER BANDS 1.2556 1.2541 1.2523 1.2508 1.2493 1.2475 1.2445


GBP/USD UPPER BANDS 1.8164 1.8185 1.8212 1.8233 1.8255 1.8281 1.8324
LOWER BANDS 1.8121 1.8100 1.8073 1.8052 1.8030 1.8004 1.7961


GBP/JPY UPPER BANDS 193.17 193.40 193.68 193.91 194.13 194.42 194.87
LOWER BANDS 192.71 192.49 192.20 191.98 191.75 191.47 191.01

singapore pilot 01:04 GMT January 27, 2004 Reply   
eur/yen selling on tokyo fix

Melbourne Qindex 01:03 GMT January 27, 2004 Reply   
EUR/USD : See details in my page if the market is trading outside the range of 1.2439 - 1.2488.

Melbourne Qindex 01:01 GMT January 27, 2004 Reply   
EUR/USD : The market rhythm of my daily cycle is currently represented by 0.00243.

... 1.2391 ... // 1.2439, 1.2464, 1.2488 // ... 1.2536 ...

Dallas GEP 00:59 GMT January 27, 2004 Reply   
That's what I thought guys Thanks. SOMEHOW I got a stop filled at .6860!!! LOL

singapore 00:56 GMT January 27, 2004 Reply   
euryen sell rally frm 133.00.
usyen resistance at 106.40, prefer to sell rally

Adelaide albbar 00:54 GMT January 27, 2004 Reply   
Dallas GEP 00:49 GMT January 27, 2004

0.6861

Eilat Dolphin 00:53 GMT January 27, 2004 Reply   
GEP/ .6871 at 21:12. It all lived inside the minute, exclusively.

Sydney Ge11Ja 00:50 GMT January 27, 2004 Reply   
Parmalat losses total $18 bio usd, $16 bio usd more than previously suggested by the company.....wont help investor views of Europe

Dallas GEP 00:49 GMT January 27, 2004 Reply   
Can someone PLEASE give me the low on SAXXXOOO on eur/gbp for the last 8 hours????

texas roe 00:43 GMT January 27, 2004 Reply   
gud am traders! raden, can i ask for euro forecast?

Brisbane L 00:34 GMT January 27, 2004 Reply   
AUSTRALIA"s 4Q PPI rose 0.1% q/q (rose 1.0% y/y) and is slightly below mkt exp"n.

Chicago Irish 00:25 GMT January 27, 2004 Reply   
Raden..That is very vague..when price moves up better be against.....What levels do you see as sell levels in Euro and what stops do you recommend.......thanks (and congrats on your call today in Euro)

Indonesia Solo raden_masandi 00:19 GMT January 27, 2004 Reply   
gbp/usd when at 1.8130..
walking on 90% prob to meet 1.8045.
yeahh that number must be met.
better againts when move up...that's mean not up trend but give you best level for entry to get BLASH. let's say thanks if price give you high level for sell. Today never thinking for buy gbp/usd but SELL !!

Indonesia Solo raden_masandi 00:11 GMT January 27, 2004 Reply   
good morning traders!!
about eur/usd..
have given me info walking on 90% prob 1.2410
if price move up..better be againts .

GVI john 00:01 GMT January 27, 2004 Reply   
Dolphin-- my pleasure.