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Forex Forum Archive for 10/21/2004

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Sydney EM. 23:50 GMT October 21, 2004 Reply   
Melbourne Qindex cheers

Melbourne Qindex 23:49 GMT October 21, 2004 Reply   
EUR/USD : The best entry level for a short position is 1.2637 - 1.2651.

Melbourne Qindex 23:45 GMT October 21, 2004 Reply   
Sydney EM. 23:38 GMT - Yes, at this moment. However if the market is trading above 1.2651, then it is a different story.


Melbourne Qindex 21:45 GMT October 17, 2004
EUR/USD (Weekly Cycle) : The critical point of my weekly cycle is located at 1.2513 - 1.2546. The key quantized level is positioning at 1.2228 and is blocked by a quantized level at 1.2323.. Speculative selling will increase if the market is trading below 1.2371. The lower barrier is expected at 1.2228 // 1.2276. The upper barrier is located at 1.2655 // 1.2702. The market rhythm is represented by 95 pips and the weekly cycle normal trading range is 1.2418 - 1.2702. (Suggestion : Maintain a short position if the market is trading below 1.2546 ).


Weekly Cycle Quantized Levels

... (1.2228)* // 1.2276 - 1.2323* - 1.2371 - 1.2418* - 1.2466 - 1.2513* - 1.2560 - 1.2607* - 1.2655 // 1.2702* ...


UK honyx 23:43 GMT October 21, 2004 Reply   
I seem confused about the 'cable' what's next, bearish or bullish.

UK honyx 23:43 GMT October 21, 2004 Reply   
I seem confused about the 'cable' what's next, bearish or bullish.

Sydney EM. 23:38 GMT October 21, 2004 Reply   
Melbourne Qindex are you talking just for today on your bearish view for the Euro and I suppose it would be Bullish USD for Friday ??

UK 23:37 GMT October 21, 2004 Reply   
Hello, does anyone have anything to say about GBP/USD

Melbourne Qindex 23:35 GMT October 21, 2004 Reply   
KL KL 23:17 GMT - All the stock indices are always available on the subscription basis.

San Diego DC 23:35 GMT October 21, 2004 Reply   
I made an error in the cycle turning point on the 4h chart for EUR the other day, but on further analysis it still looks like a continuing bullish pattern until it actully reverses.

Melbourne Qindex 23:27 GMT October 21, 2004 Reply   
KL KL 23:17 GMT - I am trying to concentrate my time on the currencies and run a better service.

jkt-aye 23:26 GMT October 21, 2004 Reply   
maybe this is for w/e fun ...USDCHF long here (1.2185) for tgt 1.2241 (breach 1.2296 tgt is 1.2338) with stp 1.2130 (breach 1.2075 tgt is 1.2033). Happy hunting.

Melbourne Qindex 23:25 GMT October 21, 2004 Reply   
Barcelona Tony 23:14 GMT - Good evening! The market keep changing its mind from time to time. The odds are quite even at this moment for the next 2 months but bias on the downside today in Asian session.

Sydney Ge11Ja 23:25 GMT October 21, 2004 Reply   
You make your own luck, you cant be "lucky" and win the lottery if you dont buy a ticket

KL KL 23:17 GMT October 21, 2004 Reply   
Qindex, you are not wrong luck plays a big part and positioning your luck and stop loss determinines your p/l margin. Just need to take risk at the "least risky"...which sometimes can still make you sitting in the riskiest area... btw you have not said anything on DOW, Nikkie or Hang Seng lately...are we close to the bottom range yet +/- 80?? or more drop to follow...Appreciate your comments

Barcelona Tony 23:14 GMT October 21, 2004 Reply   
Qindex,

with all respect, that euro possie, or whatever long $ possie, may have identic result as last december's .... lot of people longing the $ "just because it was very oversold" ... and stops were hit day after day ... till the good move down came ... be careful with those possies, it is happening this time again. It looks as if everyone were to be long euro or gbp and short $ ... but the fact is that people is hurrying to sell euro and gbp whenever they raise 100 pips ... and they are going burst once again cos their stops are being hit AGAIN ... be careful .. GL GT

PS : I'm facing the situation myself, not very happy myself, that's why I post this advice.. And btw, if I'm not mistaken, gbp guru farmacia should be sold from around 1.81's .... nice ride down in equity for him too.

Burlington VT dsvt1 23:07 GMT October 21, 2004 Reply   
good luck is the result of good planning ...:')

Melbourne Qindex 22:56 GMT October 21, 2004 Reply   
KL KL 22:49 GMT - Luck is the most important thing in this business!

Melbourne Qindex 22:52 GMT October 21, 2004 Reply   
KL KL 22:49 GMT - EUR/USD is the best.

KL KL 22:49 GMT October 21, 2004 Reply   
Qindex, top of the morning - do you have a prefered currency trade over the others that have given you more consistent return. Trying to gauge the volitility of all currency and which is the more "ten wah" (follow) you cue. TIA

Gen dk 22:39 GMT October 21, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Gen dk 22:39 GMT October 21, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Melbourne Qindex 22:34 GMT October 21, 2004 Reply   
EUR/USD : A short position with a 1.2660 stop loss order is good for position trading in terms of risk/reward ratio.

Melbourne Qindex 22:29 GMT October 21, 2004 Reply   
st. louis 22:21 GMT - May I suggest the stop at 1.2660. It is because if we take 1.2653 (bid) as the reference point and we add another 5 - 6 for the spread.

Halifax CB 22:25 GMT October 21, 2004 Reply   
Re. China; - any thoughts on how surprises on the releases could affect other currencies? Thanks...

Melbourne Qindex 22:25 GMT October 21, 2004 Reply   
EUR/USD : Current Comment.  Register with Jay at [email protected] if you have no access to my page.

st. louis 22:21 GMT October 21, 2004 Reply   
shorted EUR/USD 1.2616 stop 1.2650

SAIHAT 22:12 GMT October 21, 2004 Reply   
ASIA RANGE

1.2593 1.2649
1.2142 1.2204

107.19 107.67
0.7365 0.7402

1.8246 1.8324
1.2406 1.2450

ASIA RANGE 22:11 GMT October 21, 2004 Reply   
1.2593 1.2649
1.2142 1.2204
107.19 107.67
0.7365 0.7402
1.8246 1.8324
1.2406 1.2450

Burlington VT dsvt1 21:57 GMT October 21, 2004 Reply   
THanks ! good luck !

Syd 21:52 GMT October 21, 2004 Reply   
2350GMT JPN Aug Tertiary Activity Index -0.8% MM
2350 JPN Aug All Industry Activity Index -0.6% MM
0200 CHN Sept CPI +5.6% +5.3%
0200 CHN Sept Retail sales +13.2% +13.1%
0230 CHN 3Q GDP +9.0% +9.6%
0230 CHN Sept Fixed-Asset Investment 21.5% 26.3%
0130 AUS 3Q International Trade Price
Indexes

Burlington VT dsvt1 21:45 GMT October 21, 2004 Reply   
could someone please tell me what time Chinas GDP in due for release tonight ? TIA.. could have profound impact on JPY, AUD... thanks !

nyc jk 21:43 GMT October 21, 2004 Reply   
Sydney EM. 21:02 GMT October 21, 2004

thanks for pointing that out, cheers.

Boston mpd004 21:13 GMT October 21, 2004 Reply   
closed one short, +15, only 119 more to go. :o(

Rivonia PipPirate 21:10 GMT October 21, 2004 Reply   
e/g, my guest for 24hrs
6943-6936-6923-6881-6873-6867-6842

GL

Boston mpd004 21:04 GMT October 21, 2004 Reply   
Now gbp/usd dropping

Sydney EM. 21:02 GMT October 21, 2004 Reply   
Someone was asking about News corp this week, just noticed this article may be of interest. nyc jk

SYDNEY (AFP) - The chances of Rupert Murdoch's News Corp relocating from Australia to the United States have increased after one of its biggest institutional investors has chosen to abstain from a vote next week on the move. Executives for AMP Capital Investors confirmed in statements published Thursday that it would abstain when the reincorporation plan comes up for a vote by News Corp shareholders on Tuesday in Adelaide.

Melbourne Qindex 20:55 GMT October 21, 2004 Reply   
EUR/USD : Quarterly Cycle Charts



EUR/USD : As shown in my 3-month projection profile the market is now resting around 1.2653, the mid-point reference between 1.2332 and 1.2973. In general there are 3 options for the next market movement.

(1) The market can retreat back to 1.2332 or 1.2495 which is the mid-point reference of 1.2332 and 1.2653.

(2) It can move ahead towards 1.2973 in a trending manner.

(3) Vibrating around 1.2653 with an expected magnitude of 1.2495 - 1.2813 which is the mid-point reference of 1.2653 and 1.2973.


See details in my page for the market movement analyses. Register with [email protected] if you have no access to my page

Philadelphia caba 20:26 GMT October 21, 2004 Reply   
Any idea on EUR/CHF?

Sydney EM. 20:20 GMT October 21, 2004 Reply   
Metals: Gold has its bullish fundamental back a weak U.S. Dollar but how long will it last. Massive volatility should be expected on the near term. Gold is threatening to test its high for this uptrend but we are going to guess that it will fall short and then you will see an aggressive liquidation from the small speculators and heavy fund selling. Gold posted its high for the year of $430 back in August and Crude Oil prices have exploded higher since then. Currently Oil has rallied $20 dollars to $55 and Gold has not been able to take out the old high, that's weak. Resistance is now the old highs near $430 and key support at $415. Gold bulls should be wondering why prices have not been able to vault above the old highs near $430 while Oil prices are exploding higher over the last few months and also from the recent U.S. Dollar weakness. The COT data showed a massive long position built by the speculators and the possibility of heavy liquidation is present. Time will tell if this was the last advance for Gold into year end. Traders should be holding either the December futures short from the $420 level or holding the December Puts. December Silver is on the same page as Gold and closing in on the recent high near $7.33. The market should fall short of testing this high unless the jobs data coming out on Thursday is dismal. Traders should be using either the December futures or Dec. Put options. Traders should have December $6.25 Put Options for less than 8 cents ($400).If the $6.00 level is broken expect to see $5.50. Trader should also be positioned with longer term Puts (March contracts or further out).
Smith Report

NewYork frankie 20:14 GMT October 21, 2004 Reply   
Just to add I still hold my eurgbp shorts. I'm at b/e with this one and still targeting .6855. I'm hopeful rather than confident with this pair at the moment. The 8hr chart is still pointing down with the .6890 point crucial if this pair is going to go down. The bottom line of the channel will print .6850 if touched. I will cut this position at .6910 as my stop or close it if it fails to penetrate .6890 again.

quito_ecuador_valdez "mos-quito" 20:08 GMT October 21, 2004 Reply   
$/¥..newest article: HERE

Philadelphia caba 20:07 GMT October 21, 2004 Reply   
quito_ecuador_valdez "mos-quito" 20:06 GMT October 21, 2004
caba//My fav is the FX Trek chart suite (free or paid..both are tops). Click the FXTrek charts link above this page.

Thank you!

quito_ecuador_valdez "mos-quito" 20:06 GMT October 21, 2004 Reply   
caba//My fav is the FX Trek chart suite (free or paid..both are tops). Click the FXTrek charts link above this page.

london d 20:03 GMT October 21, 2004 Reply   
What do you guys think of $yen? 105 looks very possible in the near-term.

Philadelphia caba 20:02 GMT October 21, 2004 Reply   
Guys, Can I ask you for opinion about good charts package for Forex trading? Appreciate & thanks.

NewYork frankie 20:01 GMT October 21, 2004 Reply   
It seems we have another day where the Cable is going to finish near its high for the day and again with little profit taking during the day. I think we'll have another up day tomorrow perhaps starting in the Asian session tonight. I envisage a target of 1.8480 mainly for two reasons. Firstly, as mentioned in a previous post, the Cable is aiming for the upper line of the weekly ascending triangle/flag at 1.85. Secondly, now that its clear that we have a breakout of range that we've had since late August everyone is scrambling to reposition themselves and ditching all shorts. Furthermore, I think the Cable has to play a bit of catchup with the Euro in terms of percentage gain made of the last few days. To that end I expect the Cable will try for a full 1% gain tomorrow.

Finally, without any news to drive the dollar tomorrow, it could be a brutal Friday.

quito_ecuador_valdez "mos-quito" 19:56 GMT October 21, 2004 Reply   
Jay GV, if you've got a sec...yahoo messenger me.

Chicago Goofy 19:54 GMT October 21, 2004 Reply   
just like yesterday`s 1.8160 and 1.2575, we may continue to short dollar with the bottom at 1.8260 and 1.2600. resistance open and no reversal thinking.

quito_ecuador_valdez "mos-quito" 19:45 GMT October 21, 2004 Reply   
Livingston nh// Sorry we gave you guys such a crummy chart this morning...we all went to sleep at lunch. Hey, thanks on behalf of ICT ML and I for going over the Gold Links list we published on the Help Forum, there's a message for you, on that behalf, there waiting 4 U. Feel free to contribute a link or two for next month's thrill packed episode. ;^/

Halifax CB 19:27 GMT October 21, 2004 Reply   
I wrote a new program today (being a little ill & bored) & it's predicting a drop in $CAD around 15:30 (the same time the BoC gov speaks.....gotta see if this works, but somehow I doubt it :)

Chicago Goofy 19:27 GMT October 21, 2004 Reply   
Thanks Livingston nh and mosquito. I should have figured out the first question by looking the chart and gone through the related report.

Bahrain Within 10 Pips 19:08 GMT October 21, 2004 Reply   
Hi all...so what's the call?

Livingston nh 18:52 GMT October 21, 2004 Reply   
Goofy - if you were really in high school in 97-98 look at some charts from that time (asian currencies) or look at the Mexican peso back in 94-96 (the world was going to end when the peso went thru 6) - intervention period as yen was 'weakening' owards 1.40 -- the period '85 to '87 (plaza accord to Dow crash on Black Monday) had some good rallies (there was a world before the Euro)

SanFrancisco TG 18:52 GMT October 21, 2004 Reply   
Cumino - Ahh, a better system is out there indeed.

test test 18:45 GMT October 21, 2004 Reply   
test

quito_ecuador_valdez "mos-quito" 18:41 GMT October 21, 2004 Reply   
Chicago Goofy 18:32 GMT October 21, 2004
Depends on how you look at it. Fire up a 3 year €/$ chart. check back 2 years ago. It's still going up. Just go back thru charts picking time periods, magnifying the chart (FX Trek is great for this) and see for yourself. Days of up movement or down movement exist..a trader's dream.

pd cumino 18:33 GMT October 21, 2004 Reply   
SanFrancisco TG 17:54
So poor perfomance TG? I know people who profits much more. They profit even without trading :-).

Chicago Goofy 18:32 GMT October 21, 2004 Reply   
How longest a strong upward trend have you experienced traders ever seen? Rise everyday for a week? What if Overbought indicators lose its meaning, how to define a overbought territory? Glued to the monitor waiting for a sharp drop as signal? Thanks for all your comments!

Haifa ac 18:08 GMT October 21, 2004 Reply   
Upington kalahari 17:37 /Do you call it :"Zanzibar system?"

quito_ecuador_valdez "mos-quito" 18:04 GMT October 21, 2004 Reply   
Upington kalahari 17:34 GMT October 21, 2004
I swear by FX Trek...click above that link on the upper margin. File - launch other chart

SanFrancisco TG 17:54 GMT October 21, 2004 Reply   
Kalahari - Thats nothing. My system is profitable 20 out of every 10 trades. It was sent to me by God.

SanFrancisco TG 17:52 GMT October 21, 2004 Reply   
Pretty close Valdez

SanFrancisco TG 17:51 GMT October 21, 2004 Reply   
Its amazing Flip. Like trying to comprehend a camels explanation of flight.

Texas(Jksn.) PNB 17:48 GMT October 21, 2004 Reply   
hi everyone. i am done for the week. take care on ruthless fridays.


gl gt
TIA:-)

Las Vegas DJM 17:46 GMT October 21, 2004 Reply   
What is this 'Home Comming Day for Oregonians? I am an excapee from Eugene myself.

Dublin Flip 17:38 GMT October 21, 2004 Reply   
Best of lucky tg.
I hope you are getting on well with the Mother in Law.
Play nice now-LOL

Upington kalahari 17:37 GMT October 21, 2004 Reply   
800 pips per month 17:34 GMT October 21, 2004
800 pips per month

Average loss for a month - never was.

too good to be true

Upington kalahari 17:34 GMT October 21, 2004 Reply   
hourpower 17:33 GMT October 21, 2004
does anyone know of a good free charting web site


try censored

quito_ecuador_valdez "mos-quito" 17:32 GMT October 21, 2004 Reply   
SanFran//sounds like Mt. Shasta..I used to live in Redding...went to Shasta a lot. Lassen mostly.

SanFrancisco TG 17:29 GMT October 21, 2004 Reply   
LOL - Perhaps, if I were smoking some of those "funny" cigarettes. I'm in a cabin deep in the mountains right now by the Oregon border. Snow already, not even November yet.

Dublin Flip 17:25 GMT October 21, 2004 Reply   
Yeah. You don't think the two might be related though I suppose???-LOL

SanFrancisco TG 17:22 GMT October 21, 2004 Reply   
Flip - I wouldn't blame them for the bad weather, they've been hyping global warming.

Dublin Flip 17:18 GMT October 21, 2004 Reply   
tg, The weather's been pretty crap lately. Surely those pinko socialists from the democratic party managed to screw up the weather as well?? _LOL

quito_ecuador_valdez "mos-quito" 17:17 GMT October 21, 2004 Reply   
B747// Masingil peel off wireless disposable video screens for bus seat backs & school notebook covers. Color laser 3D video. Permanent implantable computers size of a pea w/wireless monacle or contact lens screen w/wireless ear implant/auditory nerve implant. Satphone/cell phone auditory nerve implants, works on bioelectrical field..no batts. A few intermediates you'll see in 15 years...maybe less. Cincinnati thinking city on wireless access like parts of San Francisco.

SanFrancisco TG 17:12 GMT October 21, 2004 Reply   
We are touching my projected highs/lows for the day. I think this is all she wrote for Usd downside for the session +/-.

GOES B747 17:05 GMT October 21, 2004 Reply   
Valdez, as the song says 'imagine, just imagine' and the rest will follow....little bit of money, little bit of guts and lot of prays; the best will follow !!!

can you imagine the base technology of plasma getting +++90% thinner ??? /// car-house-bus-public transport windows as TV..just imagine !!!

gt.

quito_ecuador_valdez "mos-quito" 17:01 GMT October 21, 2004 Reply   
tks B747 for the heads up...your confidence in me is more than I have myself. Trade well amigo.

GOES B747 16:59 GMT October 21, 2004 Reply   
fwiw...the worst scenario for the paper is takeover by one of the following names: TOYOTA, FUJI Heavy Industries, MATSUSHITA @ JPY 8.5K per paper.

gt all

GOES B747 16:56 GMT October 21, 2004 Reply   
quito_ecuador_valdez "mos-quito" 16:53 GMT October 21, 2004

it is Pioneer Electronics (I guess you know the name/brand); listed worldwide and best to take the ride with USD purchase through NYSE/ADR as double win is on stake (JPY + papaer).

must be good for you as you mentioned during the past 1:1 leverage as best paying investments...very soon you will be my Mr. DuPont Rotchild.

gt

quito_ecuador_valdez "mos-quito" 16:53 GMT October 21, 2004 Reply   
B747// PIO.N Pls, what exhange is that listed in?

GOES B747 16:49 GMT October 21, 2004 Reply   
if someone feels to play stocks, I have the following just in:

BUY PIO.N @ USD 20.60/70 /// target USD 120-125 as soon some news about the car-dashboards of the future will be out (may cover 60% of global production starting from 2006/7)
some very good data about the company results will follow during JAN/2005...I am in with 7.5K pieces averaged USD 21/-

gt all

quito_ecuador_valdez "mos-quito" 16:46 GMT October 21, 2004 Reply   
CDB..where do you live..those 3 letters don't say.

JHB CDB 16:46 GMT October 21, 2004 Reply   
Thanks, Cheers for now.

SanFrancisco TG 16:44 GMT October 21, 2004 Reply   
I think the bottom line is oil is at absolute highs, the demand for oil/heating oil/natural gas should be strong this winter. Yet it wont take much more price gouging by OPEC to result in a consumer revolt/conservativism to abruptly halt the monopoly/crime. The White House is already agressively trying to reverse the laws that the Democratic Party has fought for to the death for decades to prevent building of new oil/gas refineries and stockpile. There has not been a new refinery in the US in over 30 years, this is the real problem where US gas and oil markets and prices are concerned.

Therefore, Oil/Gas has a near term ceiling via the consumers patience and the prospect of widespread collapse of US business from bloated energy costs, which surely has changed the voting sentiment of some in the business community already. Unless anyone believes there is going to be a gas/oil crisis, and/or the US is truly economically lagging the Eurozone (the Eurozone is badly lagging US economics) than the idea of a SUSTAINED or truly SIGNIFICANT period of further weakness for the USD in general must be in question going forward.

US markets (USD included) have been pricing in uncertainty. The eclipse is, gee to my surprise, coming about the time of the US elections.
The one caviat of course is the considerable US deficit. The USD being weak is a major component for cutting into and/or countering the deficit. Does this mean the USD must depreciate further to achieve this result? Of course not. The USD in general is already in a weakened state, therefore even gains for the currency from lows should still support the re-balancing of the previous and recklessly overheated condition present at the turn of the century. There will always be room to gradually move back down toward lows some in the process the USD value compared to the Euro remains weak and stimulative while above certain points over par.

Deficit increase, job loss, and virtual destruction of some industries since 2001 have been inevitable and unavoidable due to historically extreme conditions.

I do not believe the race car of the US economy has run out of gas yet, it has just really had the pedal of economic stimulous pressed to the floor via lower interest rates, tax reduction, and quite arguably necessary defense spending.
At this juncture our estimate is the USD remains in a weakened state, while on the cusp of appreciating moderately should significant new lows not be seen shortly.

quito_ecuador_valdez "mos-quito" 16:43 GMT October 21, 2004 Reply   
CDB permission granted but my email changed..handle is my yahoo.

I look forward to the Help forum being more active. Normally I have a Help forum window up 'n runnin', perhaps others could too to better categorize posts. CDB, visit the Treasury forum often..good stuff.

Tokyo IM 16:42 GMT October 21, 2004 Reply   
Good night gentelmens, I am off for today. See you tomorow, maybe.

JHB CDB 16:36 GMT October 21, 2004 Reply   
Upington kalahari 16:31 GMT October 21, 2004

quito_ecuador_valdez "mos-quito"

Thanks people, I see that this forum do have people that care about novice traders. I take your advice to heart, believe me.

I have asked Jay for your e-mails if you don't mind.

GL & GT

Sydney Alimin 16:35 GMT October 21, 2004 Reply   
i would say, when there is nothing to do then it is better to do nothing, sometimes we make life more complicated than it is by itself....enough for me today, see u tomorrow guys

quito_ecuador_valdez "mos-quito" 16:35 GMT October 21, 2004 Reply   
Tokyo// Good idea. my sentiments exactly. Best to trade next week when it's like this...perched to fly or fall. Do you ever sleep Tokyo, ya hard workin' guy? LOL

Tokyo IM 16:32 GMT October 21, 2004 Reply   
I am staying out from such an emotional market tomorow, almost all traditional technicals fail for now. I would guess volume of transactions on a cable decreases and signs some desent move be it up or down.

Upington kalahari 16:31 GMT October 21, 2004 Reply   
JHB CDB moenie so trade nie jy gaan jou vingers kwaai brand, dis n vriendelike waarskuwing.

ps.
apologies that this is not in English

quito_ecuador_valdez "mos-quito" 16:31 GMT October 21, 2004 Reply   

22-Oct Friday // All times: GMT ex=expected pv=previous
NO USD DIRECT EVENTS TODAY BUT SEE £ & € which affect a lot of crosses:

EUR Fr.CPI (MoM SEP F) 6:45 es=0.2% pr=0.3%
EUR Fr.CPI (YoY SEP F) 6:45 es=2.2% pr=2.4%
EUR Fr. CPI-EU Harmonzd (MoM SEP F) 6:45 es=0.2% pr=0.2%
EUR Fr. CPI-EU Harmonzd (YoY SEP F) 6:45 es=2.2% pr=2.5%
EUR Ital. Ret'l Sales s.a.(MoM AUG) 7:30 es=0.2% pr=-0.4%
EUR Ital. Ret'l Sales (YoY) (AUG) 7:30 es=0.4% pr=-0.3%

GBP GDP (QoQ) (3Q 1) 8:30 es=0.5% pr=0.9%
GBP GDP (YoY) (3Q 1) 8:30 es=3.2% pr=3.6%
GBP Indx of Distrbt'n (3m/3m AUG) 8:30 pr=0.2%
GBP Indx of Distrbt'n (3m/Year AUG) 8:30 pr=4.8%
GBP UK Car Production s.a.(3m/3m) (SEP) 8:30 pr=-1.5%
GBP UK Car Production s.a.(3m/year ago) (SEP) 8:30 pr=-4.3%

EUR Indust. New Orders s.a.(MoM AUG) 9:00 es=-0.5% pr=-0.6%
EUR Indust. New Orders (YoY AUG) 9:00 7.9% 5.4%

quito_ecuador_valdez "mos-quito" 16:29 GMT October 21, 2004 Reply   
Only news I have is Philly Fed +28.5 vs. estimate of 13.4 which is better than expected. Neither the econ data nor Philly was bad in net...if fact good. USD on same incline as before announcements...nothing changed...no effect.

JHB CDB 16:28 GMT October 21, 2004 Reply   
Thank You "mos-quito" & GEP

You basically saved my nuts on this one.

Is there any market news out tomorrow? EUR or USD related?

chicago cal 16:28 GMT October 21, 2004 Reply   
if cable stays and closes above 1.8270 could be bullish for 1.8335-40 market has clearly been long since tues. it will go south is if profit taking happens, prolley not until tomorrow;
the news has little to do with market movement it's all about buyers and sellers, i'm out

gl, gt

Miami OMIL (/;-> 16:27 GMT October 21, 2004 Reply   
JHB CDB 16:20 GMT October 21, 2004
We maybe stuck in a small range for the rest of the week. Eur/usd has hit key resistance in my charts but not penetrated. We may call it an early week FWIW. BTW data tomorrow is limited and no US data is scheduled for release either so that will add to the stale day tomorrow IMHO. GL GT

JHB CDB 16:25 GMT October 21, 2004 Reply   
Is there anymore news due out? or something holding back the current EUR/USD ?

Antwerp Tom 16:22 GMT October 21, 2004 Reply   
long €/$ 1.2620 watch closely, for time being no S/L GL GT

Pecs Andras 16:21 GMT October 21, 2004 Reply   
Something must be brewing in USD/Yen. The pair has not moved much in the past few hours.
Anyway, I am in long, so BOJ is more than welcome any time :-)

JHB CDB 16:20 GMT October 21, 2004 Reply   
Does anybody know if we are actually going to be stuck in this range for the rest of the day ?

Alicante RTN 16:19 GMT October 21, 2004 Reply   
Cable traded briefly through 1.83 and triggered som stops, but was unable to hold above old res.

If we don't get a new attempt reasonably quickly, we may see a slide back 50 to 100 pips which will allow new long positions to be opened.

SanFrancisco TG 16:16 GMT October 21, 2004 Reply   
IM - Agree in principle.

quito_ecuador_valdez "mos-quito" 16:15 GMT October 21, 2004 Reply   
my charts are same from 2 sources..not up but a few pips...bears not winning nor bulls...yet...

JHB CDB 16:15 GMT October 21, 2004 Reply   
[PHILLY FED] The Philly Fed's PMI came in at 28.5 in Oct, up slightly from the 13.4 print seen in Sept, and above market estimates that were slated at around 18. The figure reflects an expanding manufacturing sector, despite some moderation in growth, as well as slowing factory activity. The overall index is now trending slightly above the 6-month avg of 26.5. Order helped lift the index somewhat, coming in at 24.6, but still little changed from Sept's 19.2 print. The employees index remained firm at 14.1, vs. a 21.5 print in Sept, while prices paid came in at 57.1, up from a 56.4 reading in Sept as it reflects higher energy prices, especially in a region of the country that is high on heating oil.

Pecs Andras 16:12 GMT October 21, 2004 Reply   
As usual ... good data or bad, does not matter, EUR is up

quito_ecuador_valdez "mos-quito" 16:11 GMT October 21, 2004 Reply   
OK, none of my news has the data..WHAT IS THE DATA?

JHB CDB 16:11 GMT October 21, 2004 Reply   
How long can this fight last on the EUR/USD ??

Budapest Daniel 16:10 GMT October 21, 2004 Reply   
LOL... what a fight.

quito_ecuador_valdez "mos-quito" 16:08 GMT October 21, 2004 Reply   
dollar bear emerging after one down-up whipsaw? SPECULATION ONLY...chart has already got altitude sickness.

Tokyo IM 16:08 GMT October 21, 2004 Reply   
If we do not take out that nasty 1.8300 on a second atempt it might slide all the way down.

JHB CDB 16:08 GMT October 21, 2004 Reply   
Thanks, I am working on GEP's REs & SUP lines, safe.

chicago cal 16:08 GMT October 21, 2004 Reply   
for those of you that do not know what is going on for cable; buy stops have been triggering last couple days some profit taking will probably take place fri morning as usual

gl, gt

quito_ecuador_valdez "mos-quito" 16:06 GMT October 21, 2004 Reply   
JHB CDB 14:54 neither..stay out. Let it calm down first.

Alicante RTN 16:04 GMT October 21, 2004 Reply   
Res in cable at 1.83 has been stubborn so far. Worth keeping an eye on.

Dublin Flip 16:03 GMT October 21, 2004 Reply   
The employment part of the index came in much worse though

JHB CDB 16:03 GMT October 21, 2004 Reply   
which one is the right move ? EUR/USD Bull/Bear ?

GENEVA FHR 16:03 GMT October 21, 2004 Reply   
Philly Fed Employment 14.1 vs 21.5

Tokyo IM 16:01 GMT October 21, 2004 Reply   
What an imotional market, Cable going to burst.

Pecs Andras 16:01 GMT October 21, 2004 Reply   
Philly Fed 25.5%!!!
Much better than exp

quito_ecuador_valdez "mos-quito" 16:01 GMT October 21, 2004 Reply   
here comes the whipsaw..careful..

Dallas Mauricio 16:01 GMT October 21, 2004 Reply   
Here we go!

Tokyo IM 15:46 GMT October 21, 2004 Reply   
Cable actualy may stay where it is till tomorow. But then again, if I new for sure I would be very reach by now.

Dallas Mauricio 15:43 GMT October 21, 2004 Reply   
Cable Bouncing off from 1.8290 again.

Livingston nh 15:43 GMT October 21, 2004 Reply   
Having been taken out of last piece of Cable short as the 200 da sma was breached I am now flat - so what to do?
fwiw - before jumping on the bandwagon to 1.30 EUR and general USD weakness of the past week -- what's changed? swissy leads (is the US insurance scandal cause dumping - maybe london brokers following so cable jumps?) - a delay as CBs start to implement G7 agreements? - oil at 55USD? election jitters? unusual Fed comments about currency? Charts show AUD and GBP have moved above 200 da for the first time in months

If nothing has changed we may still be in the range - the only reliable trend has been CAD - so what's changed?

Bahrain Within 10 Pips 15:42 GMT October 21, 2004 Reply   
Eur..4 hour interval prdection
10/20/2004 20:00 1.2611 1.2176
10/21/2004 0:00 1.2615 1.2178
10/21/2004 4:00 1.2613 1.2182
10/21/2004 8:00 1.2606 1.2180
10/21/2004 12:00 1.2605 1.2173
10/21/2004 16:00 1.2618 1.2172
10/21/2004 20:00 1.2619 1.2185
10/22/2004 0:00 1.2614 1.2186
10/22/2004 4:00 1.2605 1.2181
10/22/2004 8:00 1.2590 1.2172
10/22/2004 12:00 1.2641 1.2158
10/22/2004 16:00 1.2634 1.2208
10/22/2004 20:00 1.2634 1.2201
10/23/2004 0:00 1.2634 1.2202
10/23/2004 4:00 1.2634 1.2202
10/23/2004 8:00 1.2635 1.2202
10/23/2004 12:00 1.2635 1.2202
10/23/2004 16:00 1.2635 1.2202
10/23/2004 20:00 1.2635 1.2202
10/24/2004 0:00 1.2635 1.2202
10/24/2004 4:00 1.2635 1.2202
10/24/2004 8:00 1.2635 1.2202
10/24/2004 12:00 1.2635 1.2202
10/24/2004 16:00 1.2635 1.2202

SanFrancisco TG 15:41 GMT October 21, 2004 Reply   
Our weekly $Yen forecast projected 108.50 max low. We account for an occaisional breach of the max by 100 +/- pips, which has occurred.

Should the pair close the week below the max projected, the big boat will begin to shift toward major downside bias, but it will take 2 or 3 weeks for certainty. As it stands right now, the pair should pull up some next week or to close this week.

GOES B747 15:36 GMT October 21, 2004 Reply   
Dallas GEP 15:35 GMT October 21, 2004

1.2550/55-1.2645/50 is the range to make 200-250pips until tomorrow 12:00 GMT...enjoy it !!!

gt all

JHB CDB 15:36 GMT October 21, 2004 Reply   
Thank You

dc CB 15:36 GMT October 21, 2004 Reply   
Nas up/Dow down: from Aegean Cap. Grpl...an opinion.

The expectation...is that the markets will soon start their traditional "end of the year rally." If you examine all the "end of the year" rallies that have taken place in the last 10-15 years, you'll see that NASDAQ has outperformed the rest of the indices the majority of the time.

Currently, the markets are mostly dominated by hedge funds which need to outperform their benchmark index by a certain percentage in order to get paid at the end of the year. All the performance data that has been published up to now suggests that most hedge funds have not made any money this year. Consequently, the next two months represent the last and only opportunity hedge fund managers will have to turn things around .......
So if you are a hedge manager, and you are counting on the "year end rally" to bail you out, you want to get the most out of it. Recent history has taught you that NASDAQ tends to have outsized returns going into the end of the year, so it is a "no brainer" you sell your low-octane senior stocks and you load up on the high octane crap NASDAQ is so well known for.

Dallas GEP 15:35 GMT October 21, 2004 Reply   
Oh OK...Let's see 1.2640 and 1.2585 currently

Dallas GEP 15:33 GMT October 21, 2004 Reply   
CDB on what???? GBP/USD???

JHB CDB 15:30 GMT October 21, 2004 Reply   
Sorry, on the EUR/USD

JHB CDB 15:30 GMT October 21, 2004 Reply   
Dallas GEP 15:04 GMT October 21, 2004
Philly FED 16:00 GMT ONE HOUR away

What is your current Res & Sup lines ?

Tokyo IM 15:29 GMT October 21, 2004 Reply   
USD/CAD noticed to hit yestadays low.

JHB CDB 15:27 GMT October 21, 2004 Reply   
quito_ecuador_valdez "mos-quito" 15:23 GMT

Thank You, will look for it.

Ekb avk 15:24 GMT October 21, 2004 Reply   
hi all. just wanted to share a point here. there was an attempt to break 2top neckline in eujy which is arnd 135.50-55 currently. tho not confirmed yet on a 4hour basis we have not much of a rebound either. do not expect much of it(if it brks finally), may b a test of a 134,55-80 band which looks like a good buy to me. also, it cud put some pressure an the eur short term.

River Falls_USA_ PB 15:23 GMT October 21, 2004 Reply   
Bahrain Within 10 Pips 15:14 GMT October 21, 2004 ///nasdaq is tech heavy - there appears to be a cyclical rotation - mostly fund related.

quito_ecuador_valdez "mos-quito" 15:23 GMT October 21, 2004 Reply   
JHB CDB 14:54 GMT October 21, 2004
I'm going to post commentary on your question in the Help forum in 5 minutes.

Tokyo IM 15:21 GMT October 21, 2004 Reply   
quito_ecuador_valdez "mos-quito" I forgot to thank you for thanking me ... Thanks.

Bahrain Within 10 Pips 15:20 GMT October 21, 2004 Reply   
Dallas Mauricio 15:15 GMT October 21, 2004
Tech is out of favor.
...lol

Dallas Mauricio 15:15 GMT October 21, 2004 Reply   
Tech is out of favor.

Bahrain Within 10 Pips 15:14 GMT October 21, 2004
why would the nasdaq go down and dow go up?
sort of what I am getting....maybe for a 2 weeks...
Strange

Bahrain Within 10 Pips 15:14 GMT October 21, 2004 Reply   
why would the nasdaq go down and dow go up?
sort of what I am getting....maybe for a 2 weeks...
Strange

Dallas Mauricio 15:05 GMT October 21, 2004 Reply   
Thanks. My bad.

Dallas GEP 15:04 GMT October 21, 2004
Philly FED 16:00 GMT ONE HOUR away

USA Biscuit Boy 15:04 GMT October 21, 2004 Reply   
One more hour for Philly Fed.

Dallas GEP 15:04 GMT October 21, 2004 Reply   
Philly FED 16:00 GMT ONE HOUR away

Dallas GEP 15:03 GMT October 21, 2004 Reply   
MDR, in terms of TODAY, I think Euro will see the 1.2530-1.2550 area. Retracements of at least 38% IMO but ONLY if it follows technicals. THAT is somewhat debatable

Dallas Mauricio 15:03 GMT October 21, 2004 Reply   
Philly Fed?

Tokyo IM 15:02 GMT October 21, 2004 Reply   
One more thing, if cable does not manage over 1.8300 today I would expect 30%-60% retrace of the todays range tomorrow.

Tokyo IM 14:59 GMT October 21, 2004 Reply   
Who goes long on a Cable better fasten your sit belts and prepare fo a ride cause it is going to shake.

Dallas GEP 14:55 GMT October 21, 2004 Reply   
NOPE NM there's not. It would be the first time in FX history that it EVER happened. It would be like a baseball team coming back to win a 7 game series after being down 0-3. (opps that just happened!!!! LOL)

JHB CDB 14:54 GMT October 21, 2004 Reply   
"mos-quito"

I have come to rely on some of your comments in this forum.

As no one has jumped out to assist me, I thought I could ask you some straight forward questions.

I have a trading system which does not do too bad, my problem however is that I am a gold fish with little chance in doing anything in the market, so to speak I need to ride the big waves to beable to make a living.

Do you perhaps have any suggestions regarding a indicator or source I can use to see when the market is being moved by a reasonable amount/ momentum? so not to look back and kick myself because I didn't see it coming ??

Cairo MDR 14:53 GMT October 21, 2004 Reply   
Dallas GEP
Sorry bothering u again.
do u thinking it will retrace from that level or from a higher level?
and does it have to retrace 50% of the move from the 2230 to the 2655 or maybe just 38.2% or 23.6%
I know these are mere speculations but i like to study all the senarios
TIA

st. pete islander 14:53 GMT October 21, 2004 Reply   
Never say "Never" ..... and avoid the word "Always". (Wall St. Attorney)

Zurich NM 14:51 GMT October 21, 2004 Reply   
Dallas GEP 14:49 GMT October 21, 2004

oh oh.
there allways is a chance.

Dallas Mauricio 14:51 GMT October 21, 2004 Reply   
Cable short starting to work.

Dallas GEP 14:49 GMT October 21, 2004 Reply   
No MDR, NO CHANCE, IMO

Cairo MDR 14:47 GMT October 21, 2004 Reply   
Dallas Gep
is there any chance that the euro will extend its gains to the 2900 without any retracements..
TIA

GOES B747 14:44 GMT October 21, 2004 Reply   
if USD/JPY will not print 106.70/75 this week, I will look to short between 108.20-109.10 during next week.

target until mid-MAY/05 is 98-100 !!!

gt all

Dallas GEP 14:42 GMT October 21, 2004 Reply   
There are no rules IM. At times we specs bring knives to what turns out to be a gunfight

JHB CDB 14:41 GMT October 21, 2004 Reply   
Baie dankie, Ek maak so.

Tallinn viies 14:41 GMT October 21, 2004 Reply   
so, closed long euro position at 1,2630.
thnks all

Tokyo IM 14:40 GMT October 21, 2004 Reply   
I think some people do not like to play by the rules.

perrie como 14:39 GMT October 21, 2004 Reply   
am not sure about next days
but usd/jpy 102 eur/usd 1.29 have an increasing likelyhood to be reached soon

maybe friday maybe another turnaround and we retest such levels in 2 or 3 weeks

thats all fm me for some time at least

bibi

Philadelphia caba 14:39 GMT October 21, 2004 Reply   
Hello everyone! Can I get advice about good charts package for FOREX trading? What are you use, guys? Appreciate!

Dallas GEP 14:38 GMT October 21, 2004 Reply   
UK retail sales IMO data was LEAKED prior to annoucement time and THAT's why GBP jumped over 100 pips BEFORE data was annouced. And that is BS...it really pissessss me off. TECHS were short at the time. 8:30 GMT was annoucement time and it moved a full hour BEFORE

Upington kalahari 14:37 GMT October 21, 2004 Reply   
JHB CDB , kry my e-pos adres van Jay dan kan ek vir jou n hele lys deurstuur.

Tokyo IM 14:36 GMT October 21, 2004 Reply   
Dallas GEP, I just read about why EUR/$ does not retrace and Cable looked mu more funnymentaly strong.

Dallas LarryB 14:35 GMT October 21, 2004 Reply   
Central Banks Losing Grip on $US Dollar Mopping-Up Operation via Oil (you heard it here first)

Major Central Banks in Asia and Europe negate the devastating inflation and forex consequences of the US trade and account deficit by buying US treasuries. This Central Bank mopping-up operation has resulted in huge US treasury bond purchases in nations holding positive account surpluses with the US (China, Japan, Taiwan, Eurozone, etc).

.... but the $50 plus oil price, which by the way is settled in dollars, is redirecting tens of billion dollars a day to Oil rich nations. Many of these oil rich nations are not as likely to wash these dollars out of the system by treasury purchases because:

1) Many poor nations like Nigeria, Sudan, Iraq etc desperatly need to purchase infrastructure to appease their politically restive populations.

2) Many of the middle eastern oil-rich countries are now holding a mix of currencies as reserves instred of only dollars (US treasuries). In addition many of the middle eastern countries are facing islamic radicalism and restive populations. So they will spend some portion of their windfall oil dollars in their own economy (instead of just holding the treasury paper)

3) Most of the Mopping Central Banks (all of them oil poor nations with the exception of Russia and Saudi) will now expend more of their dollar hoard to pay for their oil imports.

Don't underestimate the effect of moving billions of dollars a day out of the control of the G-10 nations where the agreement to neutralize (Mop) has been made.

JHB CDB 14:34 GMT October 21, 2004 Reply   
Upington kalahari 14:28 GMT October 21, 2004

Jy het nie dalk iets vir my om te lees oor day-trading wat my kan help nie ?

Dallas GEP 14:34 GMT October 21, 2004 Reply   
YEP IM, you were right, that's what happens when the market doesn't follow technicals but is driven by funnymentals

Tokyo IM 14:30 GMT October 21, 2004 Reply   
Dallas GEP, good morning. As I told you yestaday Cable closed within few (10) pips from 1.8180. Payup ... joke

Tokyo IM 14:28 GMT October 21, 2004 Reply   
Cable: I would say we maybe touch 1.8260 again and go up till 1.8295 rest a bit and higher again.

Dallas Mauricio 14:28 GMT October 21, 2004 Reply   
Short Cable @ 1.8281

Upington kalahari 14:28 GMT October 21, 2004 Reply   
Dallas GEP 14:24 GMT October 21, 2004
Longed some usd/chf @ 1.2165, also have some gbp/usd short @ 1.8292 from earlier

I am short from 1.2200, standing in front of the incoming train, IMVHO gl

Tokyo IM 14:25 GMT October 21, 2004 Reply   
USD/JPY slided below 107.50. Opens doors for more bears ... imo

Dallas GEP 14:24 GMT October 21, 2004 Reply   
Longed some usd/chf @ 1.2165, also have some gbp/usd short @ 1.8292 from earlier

quito_ecuador_valdez "mos-quito" 14:24 GMT October 21, 2004 Reply   
Tokyo IM 14:15 GMT October 21, 2004
I've been waiting for cable too...no show..XXX/$ is just plain bound to go up imho but it's showing some signs (I think) of resting. Tough to say what lies in the future. Thanks for posting! We need more from your beautiful country here.

GENEVA FHR 14:24 GMT October 21, 2004 Reply   
Raden how can you say to sell euro at 03 at 14.03 with stop at 18 and 15 minutes later to say there no sell until 35.

Indonesia-Solo Raden Mas 14:18 GMT October 21, 2004 Reply   
romania nick 14:07 GMT October 21, 2004
eur/usd still not good for sell in this situation, short term trade sell when touch 1.2635 with stp if show bid number 1.2642.
better wait confirmation showing 1.2579 for action sell..

Indonesia-Solo Raden Mas 14:15 GMT October 21, 2004 Reply   
GENEVA FHR 14:11 GMT October 21, 2004
yes.. i got my stp.

Tokyo IM 14:15 GMT October 21, 2004 Reply   
I see that we will not see any Cable retrace. market psychology has changed IMHO.

Mfld JM 14:15 GMT October 21, 2004 Reply   
Geneva - NEVER say never!!!

GOES B747 14:14 GMT October 21, 2004 Reply   
closed 50% of USD/JPY short @ 107.40 and placed s/l to block profits @ 107.55 for the rest with t/p target @ 106.90/50


gt all

GENEVA FHR 14:11 GMT October 21, 2004 Reply   
Raden there is no chance in this market.

Pecs Andras 14:11 GMT October 21, 2004 Reply   
Mauricio
You are welcome

UB GG 14:10 GMT October 21, 2004 Reply   
Hi, I have a quetion who have an live account with censored. I can not login to censored server. Seems server
not working. Anyone knows about this matter?

Dallas Mauricio 14:08 GMT October 21, 2004 Reply   
Thanks Pecs Andras

quito_ecuador_valdez "mos-quito" 14:08 GMT October 21, 2004 Reply   
Europe FXP 13:45 GMT October 21, 2004
You might check some of the advertisers...some have management services & fully licensed.

romania nick 14:07 GMT October 21, 2004 Reply   
raden mas// it is already 1.2615!

River Falls_USA_ PB 14:05 GMT October 21, 2004 Reply   
SanFrancisco TG 14:01 GMT October 21, 2004 /// 107.50 which is why it is hangin' there like an old overcoat. GT

Pecs Andras 14:04 GMT October 21, 2004 Reply   
Leading ind ind. down 0.1%

Indonesia-Solo Raden Mas 14:03 GMT October 21, 2004 Reply   
there is a chance in eur/usd. will go to 1.2574. you can sell here now at 1.2603 with stp if show you 1.2618..

Dallas Mauricio 14:01 GMT October 21, 2004 Reply   
What's th US News? TIA

SanFrancisco TG 14:01 GMT October 21, 2004 Reply   
River Falls - exactly why I wont be trading this pair again until I'm satisfied the point of intervention has been hit.

Indonesia-Solo Raden Mas 13:56 GMT October 21, 2004 Reply   
there is a chance. sell aud/usd now at 7373 for target 0.7295-7278 (cut reverse here) with stop loss if show you 0.7402..

quito_ecuador_valdez "mos-quito" 13:49 GMT October 21, 2004 Reply   
Europe FXP 13:45 GMT October 21, 2004
The best way to find someone to manage your funds (here anyway on a trading forum) is to contact [email protected] Many people here are long standing professionals who DO NOT contact posters on this forum directly for many valid reasons. Intimidating FF participants with "I thought there were..." is not going to serve as solution for your search. Take my advice if you truly wish to submit your funds for professional management. No, I am not a manager.

perrie como 13:47 GMT October 21, 2004 Reply   
I personally do not undestend the politics of this forum..

To be clear
forex seems a bunch of numbers that if you follow you'll loose and give money to those new age software developers selling a bunch of maths as candles lightened in favour of whatever currency saints targets...

then an very plausible and virified story about Kerry to win and so to influence the end this cycle market factored election has to be deleted becouse is not in the forum rules

BUT IT IS IN THE MARKET RULES

so I really doubt here the forum is really talking about markets

stay well

Vereeniging W 13:46 GMT October 21, 2004 Reply   
Kalahari, may I ask Jay for your e-mail.
Tks

River Falls_USA_ PB 13:46 GMT October 21, 2004 Reply   
SanFrancisco TG 13:41 GMT October 21, 2004 ///rumor has it that large UK clearer on the offer with Japan central intervention on dips.

JHB CDB 13:45 GMT October 21, 2004 Reply   
Upington kalahari 13:43 GMT October 21, 2004

Thanks anyway, it was kind of you to respond.

quito_ecuador_valdez "mos-quito" 13:45 GMT October 21, 2004 Reply   
Melbourne Qindex 12:55 GMT October 21, 2004
GBP/USD : It should go down very fast!
Sir, never to insult your good intentions but when?

Europe FXP 13:45 GMT October 21, 2004 Reply   
Hi again,

still haven't found the trader I'm looking for ... any serious traders who have good reports contact at fxperience2 at yahoo dot com if interested. Last call anyway ... thought there were more good traders here

Upington kalahari 13:43 GMT October 21, 2004 Reply   
JHB CDB , okay I only trade from the weekly charts and keep my positions open anything from a month to a year, don't trade intraday sorry cannot help you, somebody else might be able to.

Cheers

Rivonia PipPirate 13:43 GMT October 21, 2004 Reply   
"If" E/G goes........6853

Ldn ml 13:42 GMT October 21, 2004 Reply   
LA Mel

What ? You make a rate without a back-up price from 5 different sources ? Can't be done can it ??

Those were good times !!

SanFrancisco TG 13:41 GMT October 21, 2004 Reply   
While I plucked a few quickies from $yen bid much earlier, I do not believe the pair is a solid buy yet. Flat at the moment and seeing construction of another potential dip taking place at the moment.

JHB CDB 13:39 GMT October 21, 2004 Reply   
Upington kalahari 13:35 GMT October 21, 2004
JHB CDB , what time frame are you looking to invest in? what are your objectives with your trading? what kind of trading style would suit your personality?

Not to say to much on a open forum, But it would be major between 4:00 GMT too 18:00 GMT.

Intra day trading possibly, not much margin at the moment.

JHB CDB 13:38 GMT October 21, 2004 Reply   
quito_ecuador_valdez "mos-quito" 13:34 GMT October 21, 2004
JHB CDB 13:28 GMT October 21, 2004
Before Christmas the Learning Center (menu at right) will have a full resource suite I think you'll find useful. Keep checking back.

Will do thank you again

Upington kalahari 13:35 GMT October 21, 2004 Reply   
JHB CDB , what time frame are you looking to invest in? what are your objectives with your trading? what kind of trading style would suit your personality?

LA Mel 13:34 GMT October 21, 2004 Reply   
many eons ago, when traders actually made markets, and hung out their month on a price, there were get togethers called a 'forex'. they were usually held in a financial center somewhere in the world, and bank traders would go and attend. it was really nothing more than a golf/drink-a-thon. (no problem with that). it was good because we were able to meet other traders, often ones you had dealt with direct and never met. at one of these meetings in amsterdam, i met a trader from a bavarian bank. we became friends, and developed a trustful relationship. we ended up getting a direct open line to one another (something quite unheard of back then), and did cartloads of business with each other, helping each other out with liquidity. they would help me with my dollar mark, and i would help them with their mark/whatever when the buba came in. fx wasnt always point and click which many here assume it to be. see ya next month...

quito_ecuador_valdez "mos-quito" 13:34 GMT October 21, 2004 Reply   
JHB CDB 13:28 GMT October 21, 2004
Before Christmas the Learning Center (menu at right) will have a full resource suite I think you'll find useful. Keep checking back.

JHB CDB 13:28 GMT October 21, 2004 Reply   
Is there any trader here that could give me some guidelines on trading systems, scenarios and a lot of advice (101) on a more interactive medium ?

I have been following the advice on this forum for a while now but are still novice when actually taking your advice and making a trade.

MSN perhaps ?

Sorry Jay, I hope this is not against the rules of the forum. :-)

Indonesia-Solo Raden Mas 13:28 GMT October 21, 2004 Reply   
raden_masandi: okay.. this is my humble opinion : If eur show you bid number 1.2579..please confidence for sell to get 1.2481 and if show you 1.2475 please sell again with full confidence to get 1.2365 and if show you 1.2355..please move your target to get 1.2314. I look eur/usd will go 1.2147 but I dont know when..

Indonesia-Solo Raden Mas 13:25 GMT October 21, 2004 Reply   
raden_masandi: okay.. this is my humble opinion : If eur show you bid number 1.2579..please confidence for sell to get 1.2481 and if show you 1.2475 please sell again with full confidence to get 1.2365 and if show you 1.2300..please move your target to get 1.2314. I look eur/usd will go 1.2147 but I dont know when..

Sydney Alimin 13:19 GMT October 21, 2004 Reply   
GOES B747 13:11 GMT October 21, 2004

yes took everything, cant be too greedy for the sake of couple pips

didn't receive any email from you mate, very strange

KL KL 13:18 GMT October 21, 2004 Reply   
Upington kalahari , i meant short at 1.8274...it went down to 1.8265...i adjusted sl to 1.8272...but did not trigger as it went up to 1.8290..soly for confusion...quite angry cos now back to 1.8263...

SanFrancisco TG 13:16 GMT October 21, 2004 Reply   
More satisfied with $yen bid cycle now

GOES B747 13:11 GMT October 21, 2004 Reply   
Sydney Alimin 13:06 GMT October 21, 2004

good afternoon to you,

so, you took the no luck price to cash out :-)
did you receive my answers by email ???

gt

Tokyo IM 13:07 GMT October 21, 2004 Reply   
One more thing for the Cable. There is lots of buyers waiting for 1.8250 to jump on the train so lets see the battle between bears and bulls.

Sydney Alimin 13:06 GMT October 21, 2004 Reply   
GOES B747 12:23 GMT October 21, 2004

no more usd/jpy possie, take all profits

Pecs Andras 13:05 GMT October 21, 2004 Reply   
Is anybody shorting EUR/GBP?
What would be a good level to get in?

SanFrancisco TG 13:02 GMT October 21, 2004 Reply   
$ is bid, $yen is not (yet)

Tokyo IM 13:02 GMT October 21, 2004 Reply   
What are the projections for Cable. Fiber is sitting on it's starting point and that must give some sign. In eather case I do not expect it to slide down too quickly.

hk mom 13:02 GMT October 21, 2004 Reply   
oh. My lovely euro.
Now I put order at 1.2535 going long.
s/l if it makes a keyday reversal.

prague jv 13:00 GMT October 21, 2004 Reply   
Q / Id say it should be eur/jpy imo

Sydney Alimin 12:59 GMT October 21, 2004 Reply   
madrid val 11:01 GMT October 21, 2004

thanks mate, just checked it out, and yes that's right 10 big fig in a day from 130++ to 118++ and never recovered until 2-3 years from that date..that's bloody scary

Upington kalahari 12:58 GMT October 21, 2004 Reply   
KL KL , what you wrote does not make much sense but it I think that is called a bad fill and slippage.

Melbourne Qindex 12:55 GMT October 21, 2004 Reply   
GBP/USD : It should go down very fast!

KL KL 12:51 GMT October 21, 2004 Reply   
funny my sl for gbpusd did no trigger for 1.8272....for +2 pips gain on my short earlier at 1.8272...my motto is never let a good trade turn to loss...anyone experience this before. Nothing earth shattering in the data. This is not good. I am sure it went to 1.8264...or somewhere there...oh well take the -15 pips loss and re-attack later

Boston mpd004 12:51 GMT October 21, 2004 Reply   
Dallas/mauricio// Coulda knocked me over with a feather re: red sox, didn't think they could do it. Got so involved, forgot I had a short play going, then fell asleep after game. Jolted upright after opening eyes. Oh well, maybe I'll catch a break on a retrace. gl

Melbourne Qindex 12:48 GMT October 21, 2004 Reply   
JHB CDB 12:45 GMT - Very likely!

NewYork frankie 12:46 GMT October 21, 2004 Reply   
Again, cable is not succumbing to much profit taking where as the Euro is under some pressure in comparison. This augurs very well for a eurgbp short and further Cable appreciation.

JHB CDB 12:45 GMT October 21, 2004 Reply   
Melbourne Qindex 08:36 GMT October 21, 2004
EUR/USD : A congested barrier on my monthly cycle is positioning at 1.2651. If the market retreats and trades below 1.2580 the odds are in favour of a good pullback.

Could you see this happening today ? would the news at 14:00 GMT or 16:00 GMT be a factor ?

Melbourne Qindex 12:43 GMT October 21, 2004 Reply   
Roumeli anka 08:41 GMT - EUR/USD : With a little bit of luck we have seen the weekly high.

Melbourne Qindex 08:36 GMT October 21, 2004
EUR/USD : A congested barrier on my monthly cycle is positioning at 1.2651. If the market retreats and trades below 1.2580 the odds are in favour of a good pullback.

dc fxq 12:38 GMT October 21, 2004 Reply   
U.S. initial jobless claims fall 25,000 to 329,000 By Rex Nutting
WASHINGTON (CBS.MW) - First-time seasonally adjusted claims for state unemployment benefits fell by 25,000 to 329,000 in the week ending Oct. 16, the Labor Department reported Thursday. It's the lowest level in six weeks. A Labor Department spokesman noted that initial claims are often volatile during holiday weeks, despite attempts to adjust the data. The less-volatile four-week average of new claims dropped by 5,500 to 348,250, the lowest in three weeks. The number of former workers continuing to collect state unemployment checks fell by 8,000 in the week ending Oct. 9 to 2.798 million, the lowest in three months.

Ldn pm 12:38 GMT October 21, 2004 Reply   
weekly jobless claims +329K vs exp'd +345K - apparently figure not affected by hurricane

Melbourne Qindex 12:36 GMT October 21, 2004 Reply   
GOES B747 12:11 GMT - Good evening! USD/JPY : It is very promising so far. Keep an eye on major Yen crosses.

Upington kalahari 12:36 GMT October 21, 2004 Reply   
Hi fellow forum-dwellers, am I still the only one with my short caddie or has some decided to join the party?

Remember we are all "fooled by randomness"

JHB CDB 12:35 GMT October 21, 2004 Reply   
What was the numbers?

Ldn pm 12:34 GMT October 21, 2004 Reply   
Strange no $ rally on better jobless claims data ?

Dallas Mauricio 12:34 GMT October 21, 2004 Reply   
I hate when that happens. Congrats to your Red Soxs.

Boston mpd004 12:19 GMT October 21, 2004
Took a short gbp/usd @ 18286. Problem is, still in a short from last night 18154 :o(

slv sam 12:33 GMT October 21, 2004 Reply   
will BOJ intervenes and sell yen tonight if we approach 107? GT

HK [email protected] 12:32 GMT October 21, 2004 Reply   
For the sake of simplicity, the gold market is now operating under the influence and background of

A)Rising prices of important minerals

B)Increasing risks of holding bonds, shares and paper money; mainly USD.
Even real estates are rumored to be on an explosive bubble position.

Beginning a buy gold as a hedge against inflation, and risk reduction for other financial instruments means simply...RETURN TO THE GOLD STANDARD.
This time world wide investors(private and institutionals) will decide by their action what is the new standard, and not the C.B.s.

If that happens, one may see first that $430 Res. for gold may be blown faster than slower.
Just think to what price gold may reach, if that process will really take place.
And it seems it has already begun.

quito_ecuador_valdez "mos-quito" 12:30 GMT October 21, 2004 Reply   
GOES B747 12:21 GMT October 21, 2004
...not sure what U mean however I've closed 1 losing trade this year..I'm just as ashamed of it as you apparently are, be it so small. I'll try to do better..am square in my home c'ncy at this point. Tk$ 4 the kind word$ neverthele$$. GT

prague jv 12:25 GMT October 21, 2004 Reply   
Hi raden , I am OK now...

GOES B747 12:23 GMT October 21, 2004 Reply   
Alimin,

where is your s/l regarding the USD/JPY shorts ???

tia & gt

GOES B747 12:21 GMT October 21, 2004 Reply   
quito_ecuador_valdez "mos-quito"

I find your manners of celebrating 'money making' with cute possies too extreme, it looks being beside you during the losing trades like one of the most unpleasent things life can bring. :-)
releax, and leave the cents making parties; get ready for 19/NOV/2004 until 17/DEC/2004 trading period; it is a period that will make your grand-grand children to remember 'crazy valdez' as the family fortune maker (you are the Rotchild of Ecuador in creation process)...


gt

Indonesia-Solo Raden Mas 12:21 GMT October 21, 2004 Reply   
hello all !!
I hope you are OK now..

melbourne farmacia 12:20 GMT October 21, 2004 Reply   
mos-quito - i'll come mate... with my pill bag.. GT

Boston mpd004 12:19 GMT October 21, 2004 Reply   
Took a short gbp/usd @ 18286. Problem is, still in a short from last night 18154 :o(

Chicago Irish 12:19 GMT October 21, 2004 Reply   
Lol Spot....recovering from Detroit-St.Louis back to back scheduling

quito_ecuador_valdez "mos-quito" 12:19 GMT October 21, 2004 Reply   
Spotforex//LOL, in the middle of a cornfield no less. Irish, where you been these days? I see you on the other side but not much here...porque?

Spotforex NY 12:14 GMT October 21, 2004 Reply   
Irish is easy to get....schedule a soccer game near a NY pub...and he'll drive here overnight.

'if you build it he will come.....'

quito_ecuador_valdez "mos-quito" 12:12 GMT October 21, 2004 Reply   
There ya go Spotforex. Raven can fly up from Virginia, Chicago Irish from his perch in the towers, mex sjs from his villa de costa, Prague Victor from his offices burried in money changing, Dr. Q and nh and we can't forget "within 10 pips and B747! ...caramba bamba amigos, vamos, nos vemos! Jay, c'mon, give us La Gala Fiesta amigo! What say?

tk jf 12:11 GMT October 21, 2004 Reply   
flip - you would want your "a" game - because this ff is a tough crowd at the best of times

GOES B747 12:11 GMT October 21, 2004 Reply   
good afternoon Dr. Qindex,

USD/JPY: no luck price printed @ 107.40/45; to you see luck price (106.85/90) printing this week?

tia and gt

quito_ecuador_valdez "mos-quito" 12:04 GMT October 21, 2004 Reply   
Oh now Flipper, I'm agrophobic as well but WTH. Emerging with my burro from the equatorial jungles to attend a GV gala I'd do in a heart beat. (burros welcome?) Snnnnnnnnnaaaw hee snnnnnnnaaaw hee

Spotforex NY 12:02 GMT October 21, 2004 Reply   
I'd help host one here in Manhattan if the FF ever wanted one.

Jay - have that NY convention!!!!!!

Dublin Flip 11:58 GMT October 21, 2004 Reply   
Me giving a seminar. Now that would be laughable to see.
A bit like Mel Brooks giving a speech is the closest comparison I can make.
Unfortunately I'm agrophobic so I wouldn't be able to attend. Anyway I'm off to the driving range -LOL
Be lucky

Dallas Mauricio 11:58 GMT October 21, 2004 Reply   
Right there with you.

KL KL 11:56 GMT October 21, 2004
short gbpusd 1.8274 sl 15 above...time to retrace ... data out in US today & tomorrow should give it something to think about

quito_ecuador_valdez "mos-quito" 11:57 GMT October 21, 2004 Reply   
I bet there would be a lot LESS sniveling and insults on this forum if we all knew each other better. I can't imagine food fights at a banquet like we have here. (Or could I? HORRORS! Good Grief Charlie Brown!)

KL KL 11:56 GMT October 21, 2004 Reply   
short gbpusd 1.8274 sl 15 above...time to retrace ... data out in US today & tomorrow should give it something to think about

Dallas Mauricio 11:53 GMT October 21, 2004 Reply   
PACHANGA!!!

quito_ecuador_valdez "mos-quito" 11:52 GMT October 21, 2004
...the annual Global View Dot Com Gala..John, Jay, get those napkins printed up, the "Hello, I'm______" stickey badges printed up with GV logos, the fake gold styrene awards made up and the plastic cups ordered..here we come.

NewYork frankie 11:53 GMT October 21, 2004 Reply   
iain agreed. However, When that cross moves in a particular direction I've noted obviously to follow it. I strongly believe in following your convictions because hesitantcy can make you poor in this game. Of course, throwing caution to the wind in terms of placing stops, trailing stops and setting realistic TPs will also help. Ultimately, I ALWAYS listen to what the market tells me mainly in terms of chart analysis. GTs

Dallas Mauricio 11:52 GMT October 21, 2004 Reply   
Does anybody here use or have used T*R*A*D*E*S*T*A*T*I*O*N for forex? TIA

quito_ecuador_valdez "mos-quito" 11:52 GMT October 21, 2004 Reply   
...the annual Global View Dot Com Gala..John, Jay, get those napkins printed up, the "Hello, I'm______" stickey badges printed up with GV logos, the fake gold styrene awards made up and the plastic cups ordered..here we come.

Dallas Mauricio 11:49 GMT October 21, 2004 Reply   
I would definitely go.

Idea. Why can't GV arrange a convention of sorts (in NY or elsewhere) for all of us who wish to participate? Wouldn't it be a gas to actually meet each other, have a few cool seminars (one given by Flip!) and a few "private meetings" besides? Think about it GV, why not? Talk about community! BADABOOM!

quito_ecuador_valdez "mos-quito" 11:47 GMT October 21, 2004 Reply   
Well done, Flip...thanks much for your interplay here, I'm sure many benefited besides me.

Idea. Why can't GV arrange a convention of sorts (in NY or elsewhere) for all of us who wish to participate? Wouldn't it be a gas to actually meet each other, have a few cool seminars (one given by Flip!) and a few "private meetings" besides? Think about it GV, why not? Talk about community! BADABOOM!

london iain 11:46 GMT October 21, 2004 Reply   
Frankie, be a little careful of looking for cable to rally so soon. I think it will get to 1.8500, but it may take a week or two. I have been trading FX for a good long time now and hate eurgbp. I wouldn't put a small trade on it, let alone my entire book (i've tried in the past and have been bitten badly - i've since learnt my lesson). It is a cross and should treated as such. It's tough enough getting the majors right without trying to figure out how their moves relative to each other will affect the cross in question. GL.

Helsinki iw 11:43 GMT October 21, 2004 Reply   
It is a slow process, but the European consumer may be surprisingly strong in coming years: retirement age is going up as well as working hours. With high savings, this will free up money for consumption. Also trade union power, especially in Germany, is deteriorating and the labour market is becoming more flexible. Both max duration of temporary employment and the number of temporary employees are growing. Long term effect but still something to keep an eye on.

Dallas Mauricio 11:43 GMT October 21, 2004 Reply   
In the words of another song, "What a long strange trip this has been."

Dublin Flip 11:40 GMT October 21, 2004 Reply   
In the words of Mick Jagger
"....you can't always get what you want, but you just might find you get what you need"=LOL

Dublin Flip 11:38 GMT October 21, 2004 Reply   
Mosquito, Six months ago "oil was only spiking to 35 and would return to the twenties soon" as well. Now we are 55bucks i.e. double expectations. Also six months ago every pundit was expecting the ECB to cut rates and now they fear the opposite. If trichet explains you can have lower euro and higher intrest rates or the opposite you'll find the consumer winning over a couple of car makers...

NewYork frankie 11:38 GMT October 21, 2004 Reply   
If the Cable can go up to 1.8484 in the next 2 days, and assuming the Euro has found short term resistance at 1.2550, then eurgbp is an excellent sell here at .6900 for at least 45 pips. Have put all my account on this one. My only concern is that the Cable has matched my target for today at 1.8297, but lets see what happens during NewYork.

quito_ecuador_valdez "mos-quito" 11:37 GMT October 21, 2004 Reply   
Chris// The data is already priced in, surprises are the factor. So if the estimates are MORE than the actual data (data is a disappointment) then USD suffers. But traditionally on major event days for the USD, the buck slips as (it was explained last week on FF by Biscuit Boy) it's an excuse for large fund managers to whack away at USD.
USD Int'l Jobless Claims(OCT 16) 12:30 es=344K pr=352K
USD Leading Indicators (SEP) 14:00 es=-0.1% pr=-0.3%

quito_ecuador_valdez "mos-quito" 11:31 GMT October 21, 2004 Reply   
Flip// you stated: "Don't expect the same political noises this time around from the Euro politicians". I hope this is true. So we shan't hear whining from Frankfurt again if/when USD rests at 1.35-1.40. The internal commerce nature of Europe is their mainstay fortunately, this is known. But only 6months ago Frankfurt claimed its "pain threshold" for the USD cross was 1.32. Am I getting mixed signals here or has Frankfurt matured in just 6 months to become realistic & not fear 10% difference?

Panama City Beach, FL Chris 11:26 GMT October 21, 2004 Reply   
How 'important' is the Leading Indicators release to the EUR/USD? Can it move it like the PPI or CPI??

hk mom 11:26 GMT October 21, 2004 Reply   
Your daily charts simple moving average 5 and 10 are useful now.

man jp 11:17 GMT October 21, 2004 Reply   
clearly not a double top, hence expect eurusd to push higher in the days to come. s/t resistance seen @ 1.2650 but i expect this to be breached this afternoon. not that i use candlesticks much but we have 6 higher highs..potentially a bearish engulfing pattern is on its way but i would run with usd weakness until we see some kind of reversal. i would suggest a bullish third wave advance which could see eur/usd at 1.2750 quite soon

Dublin Flip 11:16 GMT October 21, 2004 Reply   
Mosquito, Europe's problem is their consumer end and lion's share is internal trade. A stronger Euro's deflationary benefits would far out weigh the over-hyped export negatives. Inflation would be reigned in without ECB raising rates. High savings, low debt Europeans would be "liberated" as lower price pressures from Asia work like a defribulator on the consumer. Europe's trade is largely internal yet it is high commodity and energy dependent (USD priced) so it is also better timing for a higher currency. Politicans are pragmatist and change with the wind. The ones who wanted a lower euro last year realise the choice of lower petrol and intrest rates is currently more palatable to the constituancy then a high currency which effects far less. Naturally US would obviously be in the US's favour for obvious and well touted reasons.
Don't expect the same political noises this time around from the Euro politicians.

quito_ecuador_valdez "mos-quito" 11:08 GMT October 21, 2004 Reply   
GV Research ("Analysis & News" menu at right) says: "Set against the backdrop of ever widening Trade Balance deficits (-$54Bn in August) this trend in smaller Capital Account surpluses puts the greenback into a very precarious position with traders now abandoning the unit as fears grow that US will not be able to finance the Current Account deficit much longer. Adding fuel to the fire is the expanding speculative short position in the EUR/USD pair". Valdez's comment: don't look for resistance, the above tells me since there is no magic wand for the deficit(s) that the USD will continue to slide the rest of this year and into the next until exports begin to flower and make up the difference (the only way it can happen). If the Fed hikes interest to attract inventment back to the USD to fund the deficit, it hurts the US banks' loan departments.

dc fxq 11:08 GMT October 21, 2004 Reply   
Dublin Flip 10:13 GMT

You are absolutely correct Flip. In the case of USDCAD for example we a simply returning to a more "traditional" range I think. I recall during the late 1960's through late 1970's when I lived in MTL and then TOR the range was essentially between .86 and 1.15. During the 1990's we saw some serious distortions as a result of the artifical "strong USD policy" in place then.

Melbourne Qindex 11:06 GMT October 21, 2004 Reply   
GBP/USD : Current Comment.  Register with [email protected] if you have no access to my page.

madrid val 11:01 GMT October 21, 2004 Reply   
Sydney Alimin 09:55 GMT October 21, 2004
Have a look at Usdjpy chart between 6 oct and 8 oct 1998. This is a move.

quito_ecuador_valdez "mos-quito" 10:54 GMT October 21, 2004 Reply   
Alimin//no prob..and your contributions are welcomed as well. I look for the Help Forum in the near future to be more active & centered so as to absorb and archive more and more beneficial commentary.

The supposed double top we're in right now on the E/$ chart...debatable if it is a double top...too much space between the "tops" for me. And if it is then the 2nd top is higher than the first meaning it's going up even more after the peak's withdrawal, not down. Each day I seem to predjudice myself into thinking the next 50 pips will be the resistance and each day this week I've been incorrect. I'm another one who thinks the chart has gone "high enough". And again it goes higher. Resistance Bahrain posted at 1.27 now and I wouldn't doubt it. On true breakouts (I feel we're in the beginnings of a breakout) if you note the past charts, resistance never happens 'til the peak is met 500 pips later. If I was implusive I'd long right now in fact (but I'm not - I'm still chicken, still maybe fruitlessly waiting for support 250-300 pips below).

tk jf 10:50 GMT October 21, 2004 Reply   
jv - exactly - also sometimes square is a posn - if yr sytem has no signals or the mkt is not doing what you think it should - you can always wait - mkt will always be there tomorrow

prague jv 10:39 GMT October 21, 2004 Reply   
me too JF , me too .
I am forced to use less and less time frime than I used to .
But I am little bit sceptical for future **good** volatility , as these days , there ara extreemly good money makeing systems , which will take good bite of money from traders . and we can get ONLY what someone else is going to lose .
I thing that volatility is something we as a traders have to come to NEW terms with .

Melbourne Qindex 10:38 GMT October 21, 2004 Reply   
GBP/USD : Current Comment.  Register with [email protected] if you have no access to my page.

Sydney Alimin 10:34 GMT October 21, 2004 Reply   
thanks a lot everyone for sharing great info...some great things for me to know

quito_ecuador_valdez "mos-quito" 10:34 GMT October 21, 2004 Reply   
Flip// I can't agree more. Allow me to comment in the body of your text in italics.
Dublin Flip 10:13 GMT October 21, 2004
Trade deficts are not everything but that virtually all the inward investment to fund the US...suggests it not because US assets are seen as great value by anyone in the private investment community.
As the Euro, CHF and Au increase in demand as "safe houses" preferred lately over the USD, it's cause for the USD demand to lessen & price decreases.

I'm not highlighting these moves as a way of saying I expect the dollar to impode ( which I don't expect to happen) but to illustrate a moderate modulation in the dollar of a mere 10% (1.23 to 1.35, 110 to 100) is not a big deal in the greater scheme or history of things.

I posted similarly yesterday, AGREE. If the USD hits say 1.35, it's actually not much difference in the broad scope. We traders think in pips which are 1/10,000th of a USD. To us 500 pips is a lot when in reality it is just a nickel, 1/20th of a dollar. To tell you the truth FX is much less volitile today than history would reveal in the past when 1-5 cent short term ranges were common...as someone posted below. And I agree again, the USD isn't going to implode just because it seeks 1.35-1.40. It's been there before. That isn't implosion, it's exports (!) to diminish the trade deficit everyone complains about. Pills are bitter but cure the body...quitcher bellyaching.

Bahrain Within 10 Pips 10:32 GMT October 21, 2004 Reply   
if Do the weighted of posted levels...
Weighted avg
EURUSD 1.2750 1.2410
USDJPY 110.1738 107.0338
GBPUSD 1.8399 1.7953
USDCHF 1.2456 1.2066
EURCHF 1.5476 1.5294
AUDUSD 0.7469 0.7225
USDCAD 1.2626 1.2334
NZDUSD 0.7024 0.6785
EURGBP 0.6990 0.6857
EURJPY 138.5443 134.4150
GBPJPY 200.1591 194.2661
CHFJPY 90.0688 87.3269
GBPCHF 2.2505 2.2000
EURAUD 1.7385 1.6894
EURCAD 1.5900 1.5479
AUDCAD 0.9300 0.9022
AUDJPY 81.0372 78.1803

tk jf 10:30 GMT October 21, 2004 Reply   
jv - volatility is your friend - because if you lose you can make it back - you have many options as a trader so i would love to see some return to that style

prague jv 10:26 GMT October 21, 2004 Reply   
thanks JF
we are just used to have now moust 3 and sometime even 1 pip spread , but realy even 50 pip is normal for that tipe volatility we have just mentioned here . maybe even more .
I just will not be surprise to see that spread agine in the future , if extraordinari things will hapen.

Melbourne Qindex 10:19 GMT October 21, 2004 Reply   
GBP/USD : Current Comment.  Register with [email protected] if you have no access to my page.

tk jf 10:18 GMT October 21, 2004 Reply   
jv - spreads well i guess it comes back to volatility - if mkt trades 10 big figures 10 point spread is very good to deal - but at that time was hit any price you can find - was wholesale time then not really retail disclosure or what traders experience today service wise

Bahrain Within 10 Pips 10:17 GMT October 21, 2004 Reply   
GBP/Chf is Great!

Melbourne Qindex 10:16 GMT October 21, 2004 Reply   
GBP/USD : Current Comment.  Register with [email protected] if you have no access to my page.

quito_ecuador_valdez "mos-quito" 10:15 GMT October 21, 2004 Reply   
Dallas GEP 10:10 GMT October 21, 2004
OK traders, there it is. A good example of someone who isn't a copy cat trader, who does it ON HIS OWN, his way. Good for GEP. And another good example of how techs conflict with fundamentals. You simply have to ride by the seat of your pants, right or wrong.

Rivonia PipPirate 10:14 GMT October 21, 2004 Reply   
better...I think
Sydney Alimin 09:55 Gbp closing price outside BBand for >two consecutive days is uncommon.

Bahrain Within 10 Pips 10:13 GMT October 21, 2004 Reply   
If U get with weekly...use daily to get out
if U use Monthly to get in use weekly to get out...
if U use daily to get...use anything
Monthly
EURUSD 1.3041 1.2076
USDJPY 116.8357 105.0658
GBPUSD 1.8797 1.7738
USDCHF 1.3254 1.2036
EURCHF 1.5913 1.5218
AUDUSD 0.7670 0.7058
USDCAD 1.3027 1.2342
NZDUSD 0.7142 0.6566
EURGBP 0.7161 0.6678
EURJPY 145.0684 131.4689
GBPJPY 211.4680 191.3388
CHFJPY 93.3168 85.0203
GBPCHF 2.3696 2.1876
EURAUD 1.8132 1.6484
EURCAD 1.6571 1.5172
AUDCAD 0.9640 0.8925
AUDJPY 86.6202 71.8723

Dublin Flip 10:13 GMT October 21, 2004 Reply   
alimin. Much of the focus was the US trade deficit which balloned from 422 bio in 2002 to 497 bio in 2003 (a lazy +18% deteriroation). This year it has got far worse and is around 20% worse than this time last year. Trade deficts are not everything but that virtually all the inward investment to fund the US has come from official and semi-official Asian sources suggests it not because US assets are seen as great value by anyone in the private investment community.

While people are debating volatilty. Last time we had this time of focus on US Trade positions (in 1985) the dollar shed half it's value in three years ($jpy from 260 to 120 and Eur 65 to 1.26). I'm not highlighting these moves as a way of saying I expect the dollar to impode ( which I don't expect to happen) but to illustrate a moderate modulation in the dollar of a mere 10% (1.23 to 1.35, 110 to 100) is not a big deal in the greater scheme or history of things.

Sydney Alimin 10:12 GMT October 21, 2004 Reply   
tk jf 10:06 GMT October 21, 2004

wow that certainly wiped out most trading accounts with 1:100 leverage without stop loss in place if they take things for granted
did that happen after the introduction of online trading or before? was that something already anticipated (either fundamentally or technically) even to slightest extent, or was it just plain out of the blue surprise?

wouldn't that destroy the economy if that happens quite often?

quito_ecuador_valdez "mos-quito" 10:11 GMT October 21, 2004 Reply   
Sydney Alimin 10:04 GMT October 21, 2004//...as long as "long lost volitility" doesn't break more traders than make them. I can think of a more dangerous trading environment than we have right here...if I try. The last few days has been nothing like the past 30 days when it was predictable. For position traders, it's fine, it generally goes up, for many pip raiders it's been slaughter. Even I, as a position trader, have waited a few days for the chart to find support to long it, and it hasn't..patience patience patience.

prague jv 10:10 GMT October 21, 2004 Reply   
JF / the spread was very different at those times . do you know / remeber what it was on usd/jpy ?

Dallas GEP 10:10 GMT October 21, 2004 Reply   
Technicals tell you GBP is a long. Non-technicals are saying THIS may very well be a GREAT short. My Best friend who is simply UNBELEIVABLE technically says go long and he is RARELY wrong. But that doesn't FEEL right to me so I am going short @ 1.8292 with 30 pip stop.

Rivonia PipPirate 10:10 GMT October 21, 2004 Reply   
Sydney Alimin 09:55 Gbp closing price above/below BBand for >two consecutive days is uncommon.

london xyz 10:09 GMT October 21, 2004 Reply   
alimin


theintroduction of the yuan as a freely floating ccy will be absolutely huge......usd/yuan will become the most traded ccy within a decade imv.

tk jf 10:06 GMT October 21, 2004 Reply   
also after $yen touch under 90 that was quick move higher cant remember how many tho

Sydney Alimin 10:04 GMT October 21, 2004 Reply   
london xyz 09:59 GMT October 21, 2004

thanks a lot, i really appreciate your input...the more i look at fx market the more it fascinates me
perhaps the introduction of yuan will bring back the long lost volatility in some way?

tk jf 10:02 GMT October 21, 2004 Reply   
alimin
a while ago in tokyo mkt - a fund bought usdyen all day ard 127.80-90 level - in london/ny later same day it touched 109 something - thats the biggest move i can remember

Helsinki iw 10:01 GMT October 21, 2004 Reply   
Pips are a relative measure, perhaps best to study percentage moves? Off the top of my head, I guess that within majors JPY is the biggest mover. But these are outlier events, very difficult to prepare for.

sofia anmart 10:00 GMT October 21, 2004 Reply   
09:59 GMT October 20, 2004
EUR/USD is expected to make a top at 1.2625-30.

london xyz 09:59 GMT October 21, 2004 Reply   
alimin..


back in the days of the asian/russian/long term cap crisis 1997, there were days with 10 big fig moves in the yen

before that, in the old usd/dem days, 3 big fig moves were fairly commonplace....the introduction of the euro has curtailed intra-day volatility somewhat......well thats what it feels like anyway

Sydney Alimin 09:55 GMT October 21, 2004 Reply   
guys, just want to ask from your great experiences in the past, what's been the wildest move in any pairs in a day? has something in the order of over 500 pips a day happened before? i have seen several cable moves around 400 pips a day, TIA

Bahrain Within 10 Pips 09:53 GMT October 21, 2004 Reply   
sorry for the mess...Just to be clear..
Daily
EURUSD 1.27258 1.24502
USDJPY 109.40189 107.05811
GBPUSD 1.83754 1.79906
USDCHF 1.23617 1.20563
EURCHF 1.54379 1.53021
AUDUSD 0.74517 0.72403
USDCAD 1.25789 1.23231
NZDUSD 0.70102 0.68038
EURGBP 0.69690 0.68710
EURJPY 137.83288 134.68712
GBPJPY 199.05309 194.54691
CHFJPY 89.68835 87.51165
GBPCHF 2.23939 2.20141
EURAUD 1.73064 1.69436
EURCAD 1.58312 1.55148
AUDCAD 0.92624 0.90296
AUDJPY 80.46003 78.55997


Weekly
EURUSD 1.2780 1.2306
USDJPY 112.0700 107.5604
GBPUSD 1.8394 1.7823
USDCHF 1.2692 1.2131
EURCHF 1.5532 1.5280
AUDUSD 0.7495 0.7198
USDCAD 1.2743 1.2391
NZDUSD 0.7060 0.6759
EURGBP 0.7046 0.6839
EURJPY 140.1636 133.9457
GBPJPY 202.2885 193.7439
CHFJPY 91.0152 87.1107
GBPCHF 2.2699 2.1964
EURAUD 1.7553 1.6767
EURCAD 1.6042 1.5391
AUDCAD 0.9385 0.9013
AUDJPY 82.2546 78.2580


quito_ecuador_valdez "mos-quito" 09:53 GMT October 21, 2004 Reply   
I'm observing the almost constant resistance some traders have to accepting the reality of a simple concept like trend. I can't think of anything more basic yet resisted more. It's like resisting the weather. All any child of five has to do is to open a 3 year USD cross chart of his/her choice (try the €/$ chart if you like) to see the pronounced tendancy for the USD to devaluate with no let up in the last two years. And the chart has not stopped at all but gone higher. If we don't accept the fact and simply trade along with it then we're not thinking as professionals. Either accept 1.30 or higher or keep fighting the weather. The chart WILL proceed with or without our permission. The morphed chart of 10 years for €/usd even shows clearly a near perfect sine wave unfolding in front of you and we've a ways to go up to complete that wave before starting down again. Trust your eyes. GT. Below I'm including events which already happened today as study concerning their effects (or lack of them).


21-Oct Thursday // All times: GMT ex=expected pv=previous
IMPORTANT EVENTS FOR ALL MAJORS TODAY!!

AUD US Conference Board Australia Leading Index 0:00
AUD Melbourne Inst'te Consmr Infla. Expectation 1:00
AUD New Motor Veh. Sales (MoM) (SEP) 1:30 prev=0.80%
AUD Reserve Bank of Australia Monthly Bulletin 5:00

CHF SECO Winter Econ.Forecasts for 2004, 2005 5:45
CHF Trade Balance (CHF) 6:15 PR=0.19B

EUR Fr. Consmr Spend'g (MoM SEP) 6:45 es=0.70% pr=0.50%
EUR Fr. Consmr Spend'g (YoY SEP) 6:45 es=3.00% pr=5.40%
EUR Ital.TradeBal Non-EU(SEP)7:30 es=€-1290M pr=€992M
EUR Ital. Consmr Conf Indx s.a.(OCT)7:30 es=102.50 pr=102.80
EUR Ital. Consmr Conf Indx n.s.a.(OCT)7:30 es=102.60 pr=103.00

GBP Retail Sales (MoM) (SEP) 8:30 0.0% 0.6%
GBP Retail Sales (YoY) (SEP) 8:30 5.7% 6.5%

EUR EZ Trade Bal.(AUG) 9:00 es=€7,500Mln pr=&euro:12,563Mln

CAD Ret'l Sales (MoM AUG) 12:30 es=0.1% pr=0.5%
CAD Ret'l Sales LessAutos(MoM AUG)12:30 es=0.3% pr=0.3%

USD Int'l Jobless Claims(OCT 16) 12:30 es=344K pr=352K
USD Fed Poole Speak: St.Louis Conf'ce on Prodctvty 12:45
USD Leading Indicators (SEP) 14:00 es=-0.1% pr=-0.3%
USD Fed Bernanke Speak: Oil & the Economy 14:00
USD Philadelphia Fed Index (OCT) 16:00 es=19.0 pr=13.4
USD Fed Bies Speak: Supervision Connecticut 17:30
USD Fed Yellen Speak:US Econ'c Outlook San Fran 22:15

JPY Tertiary Indus. Indx (MoM AUG)23:50 es=0.4% pr=-0.8%
JPY All Ind. Activity Indx (MoM AUG)23:50 es=0.2% pr=-0.6%

Dublin Flip 09:51 GMT October 21, 2004 Reply   
No worries mate.
As they say "what ever floats your boat". What works for some doesn't work for others. If a red flag goes up that helps or at least prompts you to look for more info it's doing something.
cheers

Bahrain Within 10 Pips 09:49 GMT October 21, 2004 Reply   
weekly expacations
EURUSD 1.2780 1.2306
USDJPY 112.0700 107.5604
GBPUSD 1.8394 1.7823
USDCHF 1.2692 1.2131
EURCHF 1.5532 1.5280
AUDUSD 0.7495 0.7198
USDCAD 1.2743 1.2391
NZDUSD 0.7060 0.6759
EURGBP 0.7046 0.6839
EURJPY 140.1636 133.9457
GBPJPY 202.2885 193.7439
CHFJPY 91.0152 87.1107
GBPCHF 2.2699 2.1964
EURAUD 1.7553 1.6767
EURCAD 1.6042 1.5391
AUDCAD 0.9385 0.9013
AUDJPY 82.2546 78.2580

and Daily
1.27258 1.24502
109.40189 107.05811
1.83754 1.79906
1.23617 1.20563
1.54379 1.53021
0.74517 0.72403
1.25789 1.23231
0.70102 0.68038
0.69690 0.68710
137.83288 134.68712
199.05309 194.54691
89.68835 87.51165
2.23939 2.20141
1.73064 1.69436
1.58312 1.55148
0.92624 0.90296
80.46003 78.55997

Brisbane L 09:47 GMT October 21, 2004 Reply   
Flip, actually thats what I use it for , but found it especially useful with the aud very accurate both ends especially the hourly with stocs + RSI thanks .

KL KL 09:46 GMT October 21, 2004 Reply   
out audusd BE...I think retracing now....maybe Soros in the Play

Sydney 09:45 GMT October 21, 2004 Reply   
Upcoming Events


12:30GMT - (8:30 AM EST) CAD Retail Sales m/m (AUG) Expected 0.1%, Previous 0.5%
12:30GMT - (8:30 AM EST) CAD Retail Sales Less Autos m/m (AUG) Expected 0.3%, Previous 0.3%

12:30GMT - (8:30 AM EST) USD Initial Jobless Claims (OCT 16) Expected 345K, Previous 352K
14:00GMT - (10:00 AM EST) USD Leading Indicators (SEP) Expected -0.1%, Previous -0.3%
16:00GMT - (12:00 AM EST) USD Philadelphia Fed Index (OCT) Expected 18, Previous 13.4

12:45GMT - (8:45 AM EST) US Fed's Poole Speaks at St. Louis Conference on Productivity
14:00GMT - (10:00 AM EST) US Fed's Bernanke Speaks on Oil and the Economy
17:30GMT - (1:30 PM EST) US Fed's Bies Speaks about Supervision in Connecticut

Dublin Flip 09:39 GMT October 21, 2004 Reply   
Sorry L (I missed the question). RSIs are helpful but I think something being o/bought may act more as a cautionary warning to not enter (on mere day trading whim) trend positions at expensive levels than necessarily selling into one way market. Ultimately you have to have an opinion. Either way, tech analysis is a tool to be used in minimizing the risks of ones underlying strategy. I'm sorry for sounding vague but understanding price action and recognizing chart shape trumps any short spin-off analytic tool in my opinion.
Be lucky mate

KL KL 09:32 GMT October 21, 2004 Reply   
just put my bull cap on and long audusd .7359 sl 10 below...lets say I am reluctant follower of trend now

NYC usdOUTLAW 09:27 GMT October 21, 2004 Reply   
ughh USD/CAD coming back with a vengeance

london xyz 09:24 GMT October 21, 2004 Reply   
KL


you can say what you like, but the fact of the matter is the dollar is in a down trend until it isnt.

eur aud nzd cad etc highs are getting higher lows are getting higher, dips are shallower and the ranges are ratcheting in ccy favour against the dollar......this wont change until after the us election at earliest, imvho.

Gen dk 09:24 GMT October 21, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

KL Codain 09:21 GMT October 21, 2004 Reply   
guys......could we say, yesterday high 1.2630 and today high (current today high 1.2650) as Double top ???

london xyz 09:19 GMT October 21, 2004 Reply   
sydney oztrader.....how do you come to the conclusion that this move in the euro isnt down to fundamentals.

to me , a weakening dollar is totally in line with fundamentals, have you seen treasury yields, fed comments, and recent TIC investment data and deficit numbers......been an accident waiting to happen for about 3 mths this move.

Eilat Dolphin 09:17 GMT October 21, 2004 Reply   
Euro exports just out at + 3 Bill for august, after + 12.7 in July. It could explain the move down in the last hour, as the figure which is an add up, was partially known.
Last august was + 8 if I remember well...

See You Later...

Sydney Alimin 09:17 GMT October 21, 2004 Reply   
what drove the sustained rally in eur/usd around this time last year? did it share similar characteristics like what we have now? or was it purely driven by series of poor data from us day by day?

Singapore Sfx 09:15 GMT October 21, 2004 Reply   
ditto, iw ...

Helsinki iw 09:13 GMT October 21, 2004 Reply   
Au contraire, welcome the discussion rather than just posting your trades. Then thatīs just me.

sydney oztrader 09:12 GMT October 21, 2004 Reply   
A word of caution...market has two directions...what goes up fast irrationally goes down fast..irrationally....at 126 levels beware of major 300 pip correction ..why?..because a market move that lacks fundamentals and is purely fund -driven always gets a reality check....just a post to make remind new traders that the honeymoon always ends....enjoy the upmove and cover the downmove....good trades to bulls and bears....

Dublin Flip 09:11 GMT October 21, 2004 Reply   
No worries iw. You obviously have plenty of experience so I apologise if I sounded presumptious.

NYC usdOUTLAW 09:11 GMT October 21, 2004 Reply   
anyone see a sustained down move for the USD from 86??
wondering if this USD/CAD has any legs or is this upmove momentary....thoughts?

KL KL 09:06 GMT October 21, 2004 Reply   
out gbpusd 1.8284 +16 audusd .7365 +25 = +41....quite happy since i missed the move up again

perrie como 09:03 GMT October 21, 2004 Reply   
Kerry to win

(except war/terror casualties, which are not on the cards as controls are now at their higher historic levels)

Helsinki iw 09:03 GMT October 21, 2004 Reply   
And also aware of the fact that o/b markets can get even more o/b (I used to trade scandies for a major player). It is however a game of probabilities, so adjusting position size according to that. Perhaps Buffet said it best: "markets can stay irrational longer than you can stay solvent", so not arguing with you, just pointing out the increasing danger level.

NYC usdOUTLAW 09:01 GMT October 21, 2004 Reply   
thank god for short covering, that was a good quick buy back =)

Helsinki iw 09:00 GMT October 21, 2004 Reply   
Fully agree Flip, and am not relying much on RSI, more on stochastics.

Brisbane L 08:59 GMT October 21, 2004 Reply   
Dublin Flip does that apply to all time frames, eg. hourly

Dublin Flip 08:56 GMT October 21, 2004 Reply   
iw (and others) trading off RSIs is a little like playing with razor blades. for example Eur$ daily is trading @ 71. While that appears "in the red" after 8 months of range trading, the last time we touched this O/B level was early dec 2003 when we initially broke 1.20. The ensuing six weeks in over/bought territory saw us put on 8/9 big figs however. No two moves are the same and we could topping out for all i know but it's worth remembering RSIs are at best a gentle reminder than a conclusive trading signal.

Chicago Goofy 08:54 GMT October 21, 2004 Reply   
Sydney gvm 08:30 GMT October 21, 2004
Chicago Goofy 08:13 were you around in '98 for the 7-800 point moves in the yen? Most of that took place in the Asian sessions

GVM, when the period you talk about, i am still in high school.

Athens 08:53 GMT October 21, 2004 Reply   
EUR/$ touched perfectly at 1.2650 the upper parallel line I described here yesterday and set as a probable market targe for now. Possinle correction, especially if $/CHF can also hold its old major bottom 1.2140.

sofia anmart 08:51 GMT October 21, 2004 Reply   
sofia anmart 09:56 GMT October 20, 2004
USD/CAD triggered sell signal for 1.2330.
Gold-421.80. We buy at the market for 432.
USD/CAD triggered sell signal for 1.2330.

Hemel UK AlanFX 08:49 GMT October 21, 2004 Reply   
Bought small amount swiss at 2154, stop below january low, gotta be worth the risk...

Helsinki iw 08:46 GMT October 21, 2004 Reply   
Fwiw/ While I believe the USD is going to lower levels in time (past EUR 1,29+), daily charts are pretty o/b and there is resistance at 1,2650/60. So we may need some consolidation/retracement soon.

KL KL 08:43 GMT October 21, 2004 Reply   
ok bad habit just shorted gbpusd 1.83...sl 10 above, also audusd .739 same sl....just for a few pips

Tokyo IM 08:42 GMT October 21, 2004 Reply   
Who thinks that Cable will retrace to 1.8250-60 before breaching 1.8300. I am not sure if it will happen today but you never know.

Sydney Alimin 08:42 GMT October 21, 2004 Reply   
eur/usd might sell from here to make a star candle formation on daily to warn for a pull back, again, if it is too obvious it might never happen

Roumeli anka 08:41 GMT October 21, 2004 Reply   
Qindex... I think you have a res level aroud here, 12654 ?

Melbourne Qindex 08:40 GMT October 21, 2004 Reply   
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NYC usdOUTLAW 08:38 GMT October 21, 2004 Reply   
strange that there isnt a little bit of USD short covering here

Gen dk 08:38 GMT October 21, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

NewYork frankie 08:37 GMT October 21, 2004 Reply   
Alimin, no problem. I was due a big one and here it is. Be careful right now. The dollar is an injured animal and is ready to pounce?!!!!!

Tokyo IM 08:37 GMT October 21, 2004 Reply   
What a day, Cable is just dancing like crazy. One more day of a good long move. I totaly was wrong about it crashing today. But censored, who knows about the future. Who thinks we are going to break 1.8300 today.

Melbourne Qindex 08:37 GMT October 21, 2004 Reply   
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wellington am 08:36 GMT October 21, 2004 Reply   
Brisbane L 08:33 GMT October 21, 2004
yeah, and the women here all wear the trousers. lol.

NYC usdOUTLAW 08:34 GMT October 21, 2004 Reply   
1.8484 man someone hates the US economy... its the end of US life as we know it ... I wish we were in the tech bubble again

Sydney Alimin 08:34 GMT October 21, 2004 Reply   
yihhaa.....well done frankie, cheers on the gbp long
[email protected]#! i am p1ssed off now for not taking eur/gbp short last night...50 pips are quite a move for eur/gbp

Brisbane L 08:33 GMT October 21, 2004 Reply   
wellington am but at least you have the sheep :-)

NYC usdOUTLAW 08:33 GMT October 21, 2004 Reply   
goddamn USd longs thank god covered my cable shorts

Brisbane L 08:32 GMT October 21, 2004 Reply   
wellington am dont worry your not alone

NewYork frankie 08:32 GMT October 21, 2004 Reply   
go babbbbbbbbbbbbby 1.8297 target hit 110 pips. I love it TP hit will reload for next target 1.8484 within 2 days

NYC usdOUTLAW 08:31 GMT October 21, 2004 Reply   
wow someone did get the retail sales earlier than bloomberg

nice call 1.8297!! =)

wellington am 08:30 GMT October 21, 2004 Reply   
what really pisses me off is I've been telling everyone about the forthcoming downward move in the USD, but am yet to make a cent out of it. why is it I find myself always trading against my own beliefs? something about never believing in a trend. sigh.

Sydney gvm 08:30 GMT October 21, 2004 Reply   
Chicago Goofy 08:13 were you around in '98 for the 7-800 point moves in the yen? Most of that took place in the Asian sessions

Pecs Andras 08:30 GMT October 21, 2004 Reply   
UK ret. sales up 1%

GENEVA FHR 08:30 GMT October 21, 2004 Reply   
Uk Retail sales up 1.%

Sydney gvm 08:27 GMT October 21, 2004 Reply   
NYC usdOUTLAW mate we have been churned and burned for the last 6 months - this move hardly makes up for the losses I've taken on currencies this year

NYC usdOUTLAW 08:22 GMT October 21, 2004 Reply   
hedgefunds are dancing in the streets holding hands with red sox fans

london xyz 08:16 GMT October 21, 2004 Reply   
gold coast has been a bit quiet recently.....

NewYork frankie 08:13 GMT October 21, 2004 Reply   
I love taking a break and coming back to see my position well into the money Cable lonf from yesterday + 60 trailing stop in place 30pip. Gonna ride this up to my 1.8297 target for today. Sell and reload.

Chicago Goofy 08:13 GMT October 21, 2004 Reply   
I got a different feeling sitting at night to watch the market. It is useless to predict a single thing in Asian, totally different scale of movement. following one flow makes more sense than calculating whole day to prepare ln and ny session.

NYC usdOUTLAW 08:13 GMT October 21, 2004 Reply   
no bounce at all in this USD

NYC usdOUTLAW 08:12 GMT October 21, 2004 Reply   
UK retail sales have been breached? goddamn stop losses in the USD I hate all money managers and hedge funds

Rivonia PipPirate 08:11 GMT October 21, 2004 Reply   
Woah Silver slow down for coffee break!!

Chicago Goofy 08:08 GMT October 21, 2004 Reply   
Why dollar is the target to all currencies, fair?

PAR 08:07 GMT October 21, 2004 Reply   
Looks like UK retail sales have been leaked and will be much stronger than expected hence the big jump in GBP.

Melbourne Qindex 08:07 GMT October 21, 2004 Reply   
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NYC usdOUTLAW 08:07 GMT October 21, 2004 Reply   
they broke 86 its all gloom and doom

NYC usdOUTLAW 08:05 GMT October 21, 2004 Reply   
omg look at this USD ... going to break 86 on the USD index??

madrid val 08:03 GMT October 21, 2004 Reply   
Close your eyes and push the buy button.

NYC usdOUTLAW 08:02 GMT October 21, 2004 Reply   
man under estimated this USD pull back

long USD isnt the play at the moment =(

JHB CDB 07:59 GMT October 21, 2004 Reply   
NYC usdOUTLAW 07:38 GMT October 21, 2004
maybe EUR/USD breaks up on UK retail sales report?

Anybody else share this view ??

NYC usdOUTLAW 07:56 GMT October 21, 2004 Reply   
i think its a pretty good bet hehehe

Helsinki iw 07:55 GMT October 21, 2004 Reply   
French finance minister Sarkozy joining McTeer in wishing for a weaker dollar. This wont be lost on the market. The powers that be are pushing the greenback lower and I for one wont trade against them. fwiw.

JHB CDB 07:53 GMT October 21, 2004 Reply   
NYC usdOUTLAW 07:38 GMT October 21, 2004
maybe EUR/USD breaks up on UK retail sales report?

What is the chance of this happening ??

NYC usdOUTLAW 07:53 GMT October 21, 2004 Reply   
short GBP!! before the UK retail sales !!

outlaws tip o the day

NYC usdOUTLAW 07:51 GMT October 21, 2004 Reply   
nice USD break down EUR/USD break out and GBP/USD break out

$$$$$$$ =)

houston ken 07:50 GMT October 21, 2004 Reply   
ELVIS HAS LEFT THE BUILDING NO MORE TRADING RANGE

houston ken 07:49 GMT October 21, 2004 Reply   
LOL

houston ken 07:49 GMT October 21, 2004 Reply   
ONLY TRADE THE TREND ON A PULL BACK

Melbourne Qindex 07:48 GMT October 21, 2004 Reply   
GBP/JPY : Current Comment.  Register with [email protected] if you have no access to my page.

melbourne farmacia 07:44 GMT October 21, 2004 Reply   
Someone likes that aussie girl..

Melbourne Qindex 07:40 GMT October 21, 2004 Reply   
Bahrain Within 10 Pips 07:33 GMT - USD/JPY : It is very unlikely that the market will come close to 110.42 within the daily period. It will be useful for traders if you can find it. In general your numbers are okay.

NYC usdOUTLAW 07:38 GMT October 21, 2004 Reply   
maybe EUR/USD breaks up on UK retail sales report?

NYC usdOUTLAW 07:37 GMT October 21, 2004 Reply   
does anyone like long EUR/USD break out through 1.2600??

USD/CHeF looks like it hit a ceiling @ 1.2225

thoughts? =)

Melbourne Qindex 07:36 GMT October 21, 2004 Reply   
HKG panda 07:34 GMT - The break on the daily cycle is not that significant and I am preparing the 44-day cycle analysis within 30 minutes.

HKG panda 07:34 GMT October 21, 2004 Reply   
Dr Q// Like to know if the post dated 23:53 GMT October 19, 2004 about GBP/JPY is still valid? Should we regard the breakout of upper barrier of 195.91* // 196.10 just a false break which was recorded in last NY session.
Thks.

Bahrain Within 10 Pips 07:33 GMT October 21, 2004 Reply   
Thanks Tokyo.. :)
Dr. Q...what do U think?...overall for the levels

Tokyo IM 07:29 GMT October 21, 2004 Reply   
Bahrain Within 10 Pips, I would agree with you. Looking at the chart for the past week and today it just looks like it is waiting for a good exuse to do so.

Bahrain Within 10 Pips 07:29 GMT October 21, 2004 Reply   
I think these might be more accurate

EURUSD 1.2668 1.2314
USDJPY 110.4199 107.7422
GBPUSD 1.8205 1.7787
USDCHF 1.2515 1.2121
EURCHF 1.5512 1.5354
AUDUSD 0.7383 0.7148
USDCAD 1.2747 1.2366
NZDUSD 0.6967 0.6740
EURGBP 0.6998 0.6862
EURJPY 137.5144 134.6272
GBPJPY 198.3293 194.2405
CHFJPY 89.4053 87.4377
GBPCHF 2.2428 2.1952
EURAUD 1.7394 1.6993
EURCAD 1.5917 1.5501
AUDCAD 0.9249 0.9025
AUDJPY 80.2236 77.9450

Bahrain Within 10 Pips 07:20 GMT October 21, 2004 Reply   
I Have a feeling cable will crash

Bahrain Within 10 Pips 07:18 GMT October 21, 2004 Reply   
BB
u there?

Melbourne Qindex 07:15 GMT October 21, 2004 Reply   
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Bahrain Within 10 Pips 07:11 GMT October 21, 2004 Reply   
GBP/CHF as well

Sydney Alimin 07:10 GMT October 21, 2004 Reply   
grrr eur/gbp retraced, suspected the move but wasn't confident enough

Ina, co'z: not sure at the moment, i think cable is rallying

Melbourne Qindex 07:10 GMT October 21, 2004 Reply   
EUR/JPY : Current Comment.  Register with [email protected] if you have no access to my page.

Bahrain Within 10 Pips 07:08 GMT October 21, 2004 Reply   
yen dudes

Bahrain Within 10 Pips 07:05 GMT October 21, 2004 Reply   
next 24 hours
EURUSD 1.2703 1.2281
USDJPY 110.6554 107.4799
GBPUSD 1.8246 1.7788
USDCHF 1.2551 1.2120
EURCHF 1.5526 1.5354
AUDUSD 0.7406 0.7149
USDCAD 1.2782 1.2365
NZDUSD 0.6989 0.6741
EURGBP 0.7011 0.6862
EURJPY 137.7666 134.6166
GBPJPY 198.6905 194.2309
CHFJPY 89.5780 87.4318
GBPCHF 2.2472 2.1952
EURAUD 1.7428 1.6992
EURCAD 1.5955 1.5501
AUDCAD 0.9269 0.9025
AUDJPY 80.4257 77.9435

Tallinn viies 06:47 GMT October 21, 2004 Reply   
slv sam 06:32 GMT - yes of course he is suffering. his brain is heavily damaged.

Tallinn viies 06:36 GMT October 21, 2004 Reply   
good morning world
lets start again.
bought euros at 1,2590.
will add near 1,2540/45.
target 1,2670/75

slv sam 06:32 GMT October 21, 2004 Reply   
i thought he is already suffering from a stroke! no?
$/Y final target around 101-102. Sell rallies.GT

Chicago Goofy 06:28 GMT October 21, 2004 Reply   
OK, My random thought on cable is that: due to its unexpected strength yesterday, the "cost" of new player is now above 1.8140(never doubt this level when i looked at the future price), we all can see how obvious the support is at 1.8160 this assian session. If Retail prices is not bad enough that is out of expectation, cable bulls will keep marching imho.

Sydney gvm 06:16 GMT October 21, 2004 Reply   
didnt I see someone dumping on IFR the other day - how reliable is this service?

Sydney EM. 06:16 GMT October 21, 2004 Reply   
If it was real it would be on Drudge or BBC really think they are Sh.it Bags.

knoxville dan-k 06:12 GMT October 21, 2004 Reply   
did some looking on DJ news-wire did not see anything on G.Bush

hong kong nt 06:11 GMT October 21, 2004 Reply   
AB -- euro 1.260, gbp 1.820 and chf 1.220 lines look reasonably safe levels betting short term USD rebound with cheap stop...

Sydney EM. 06:10 GMT October 21, 2004 Reply   
melbourne farmacia You win the prize

melbourne farmacia 06:08 GMT October 21, 2004 Reply   
IFR

Sydney EM. 06:07 GMT October 21, 2004 Reply   
Singapore Sfx see if you can name them in one ??

KL Codain 06:06 GMT October 21, 2004 Reply   
wire that give news huh ???

Singapore Sfx 06:04 GMT October 21, 2004 Reply   
what newswire mate ?

Sydney EM. 05:52 GMT October 21, 2004 Reply   
Unconfirmed Rumor U.S. Pres Bush Had A Stroke
just seen this on a News wire dont know if its true or not any got anything

knoxville dan-k 05:51 GMT October 21, 2004 Reply   
i dont understand we are at 107.72 right now, are you saying its going up to 108.20?

KL KL 05:51 GMT October 21, 2004 Reply   
This gbpusd have been ranging between 1.817 1.8199....been pip raiding this and quite good so far. Tonight might see it sell down due to weak retail figures in UK

Tokyo IM 05:45 GMT October 21, 2004 Reply   
I wonder if BOJ will allow yen to slide that far. Today when I was passing bank I saw that they were advertising 109.27 exchange rate and they are usually 100 pips away from the projected price. So I suspect that $/Yen will slide more today. I project area of around 108.20.

houston ken 05:45 GMT October 21, 2004 Reply   
ONE SHOULD ONLY TRADE THE TREND WAIT FOR A PULL BACK OR OVERBOUGHT

Brisbane L 05:37 GMT October 21, 2004 Reply   
USD will likely head for Y100 in the near-term a former senior Japanese Ministry of Finance official said Thursday. Eisuke Sakakibara, a former Japan vice finance minister for international affairs, Sakakibara, who was nicknamed "Mr. Yen" because of the aggressive currency intervention campaigns he conducted in the late 1990's while at the Ministry of Finance

Tokyo IM 05:30 GMT October 21, 2004 Reply   
USD/JPY broke the magic 108.75-70. Opened way for the bears IMHO.

Ina co'z 04:49 GMT October 21, 2004 Reply   
Sydney Alimin 04:30 GMT October 21, 2004
Friend..wheres your buttom target ?...TIA

Texas(Jksn.) PNB 04:44 GMT October 21, 2004 Reply   
My earlier e-mail is blocked and hence posted this new address.
Thanks and good luck

Texas(Jksn.) PNB 04:42 GMT October 21, 2004 Reply   
TG
You can see my performance over a number of months as i post here and if you like it then you can decide on my efficiency.

My e-mail is: [email protected] and when you feel happy with my performance here, feel free to contact me.

TIA:-)

Sydney Alimin 04:30 GMT October 21, 2004 Reply   
NewYork Frankie 04:12 GMT October 21, 2004

you have a good point there mate, i also believe there is some room to the upside for cable although i am not as aggresive as targetting 1.85, i would be happy to see 1.84 for cable, max for this leg up for me is 1.8450
all IMHO but hey cable is a beast and it could just drop like a stone from here, so again stop loss is important

SanFrancisco TG 04:17 GMT October 21, 2004 Reply   
Jksn - If you are professional I am interested in speaking with you, if so just ask GVI for my email.

NewYork Frankie 04:12 GMT October 21, 2004 Reply   
My cable analysis is as follows. I believe we are heading up to 1.85 in the next few days. the weekly chart points to this in the rising triangle/flag formation that began in mid-March.

The Cable mirrors the Euro and vice versa. This is another clue that the Cable must or may follow the Euro in its breakout of the last few sessions. In fact, I believe if the Euro continues to rise, then the Cable will jump by 1% a couple of times in the next few days in order to catch up. My first target is 1.8297 and then 1.8484 over the next few trading sessions.

The market is not adhering too well to fundamentals at the moment leading me to believe that this movement, particularly with the Euro is being orchestrated by the big players. However, that is not to say that the twins deficits of the US count for squat. What is more important right now is the technical aspect of the FX market at this moment.

My final reason for being Cableistic, is that there hasn't been any major profit taking so far. This is very similar to last night's action with the Euro that only sold off to 1.2499. I think 1.8133 will hold any correction today and is an excellent buying point.

In this business you have to keep to your guns until the facts change. To that end stops are there to protect you so like any position you take place them, and let them get hit if need be. Heck knows how many times they've protected this gunslinger.



Texas(Jksn.) PNB 04:01 GMT October 21, 2004 Reply   
TG
I take one-touch contracts: entry and target of 100 pips are all that matter to me.
I didnt get what you are trying to say.

TIA:-)

SanFrancisco TG 04:00 GMT October 21, 2004 Reply   
One last comment before I vanish from my rare Asian session interaction. US$ (aside from Yen) hasn't actually done much tonight ahead of London.

If $Cad is leading, the break downhill of 1.2600 means the rest will follow into $slam territory. If $Chf stalls nearing 1.2100, then I begin to question the prospect of new (high) ranges for non USD currencies.

LA fxnew 03:49 GMT October 21, 2004 Reply   

pro trader out there:
any view on cable pls?

Thanks

SanFrancisco TG 03:36 GMT October 21, 2004 Reply   
Jksn - Thank you. Although the balance of our method (fund) is short term, there are clear positions. We have a weekly approach, which last week bought and sold within 10pips of the high and low.

Are you interested in speaking with me? My affiliate is in NJ.

Texas(Jksn.) PNB 03:27 GMT October 21, 2004 Reply   
SanFrancisco TG 02:10 GMT October 21, 2004
Sorry I forgot to mention TG. I go short or long always for 100 pips from the opening price and my view lasts for at most 3 weeks.

TIA:-)

Melbourne Qindex 03:26 GMT October 21, 2004 Reply   
EUR/JPY : Current Comment.  Register with [email protected] if you have no access to my page.

SanFrancisco TG 03:08 GMT October 21, 2004 Reply   
$Jpy 108.10 now should be the near term resistance. 107.70 nearest floor, followed by 107.20 if the first is significantly breached.

Melbourne Qindex 02:59 GMT October 21, 2004 Reply   
CAD/JPY : Current Comment.  Register with [email protected] if you have no access to my page.

melbourne farmacia 02:51 GMT October 21, 2004 Reply   
KL KL – No mate .. Just sitting on open positions for now… scaling out on momentum breaks..

SanFrancisco TG 02:45 GMT October 21, 2004 Reply   
Just kidding JP :)

SanFrancisco TG 02:44 GMT October 21, 2004 Reply   
JP - ?, haha. Too much pink wine in the jacuzzi tonight with Franz good man. He just asked who the best broker is I think.

Mtl JP 02:40 GMT October 21, 2004 Reply   
worcester js 02:32 / Suppose you re-read GUIDELINES FOR THE FOREX FORUM # 6: Personal attacks on individual participants are not permitted. Readers are encouraged to respect the ideas of those who have been kind enough to contribute to the forum and treat one another with civility and respect. Discussions of brokers are not permitted.

Suggest you do a bit of archive digging on the HELP forum.

Melbourne Qindex 02:38 GMT October 21, 2004 Reply   
CAD/JPY : Current Comment.  Register with [email protected] if you have no access to my page.

worcester js 02:32 GMT October 21, 2004 Reply   
just wondering what the opinion is on who is the best broker?

Tokyo IM 02:31 GMT October 21, 2004 Reply   
[USD/JPY] Big option barriers are noted at 107.75. They are well defended for now, but should well remain the target for speculators who have succeeded in negating those at 108.00.

KL KL 02:22 GMT October 21, 2004 Reply   
melbourne farmacia, g'day - you buying cable on dips now?? your possie still open??

LA fxnew 02:17 GMT October 21, 2004 Reply   
hi anyone ..
will usd/jpy hit 107.20 ????
or this 107.75 is the low already?

thanks

melbourne farmacia 02:14 GMT October 21, 2004 Reply   
Couple of Cable resistance points 1.8205 & 1.8243… support @ 1.8140… GT

SanFrancisco TG 02:10 GMT October 21, 2004 Reply   
Hey thanks for putting forth your views guys.

Sydney Ge11Ja and Goofy say Euro clears 2600, Jksn and KL say watch out for BOJ to buffer and going short Euros at end of month.

50/50 split.

Bottom line is Japan doing better economics now, not helping the $bull idea. Boj likely has to incrementally "stimulate" $bulls going forward.

Euro my input is we either stall/pull back at/near 1.2600 euro to 1.2400 +/-, or continue on to test 1.2800.

AUD 7500 is pivitol.

Sydney Ge11Ja 01:59 GMT October 21, 2004 Reply   
SanFrancisco TG 01:40 GMT October 21, 2004

fwiw I think this is a USD story not a yen story thus I expect customers will work on rotational basis, they have hit usd/yen this morning and will focus on eur, stg etc as head in to Europe. 1.2550-60 will be too strong now and is only a matter of time before we crack 1.2600 again and leave that as the new base

Hope that helps

Texas(Jksn.) PNB 01:53 GMT October 21, 2004 Reply   
Ok, this week's target on buy eurusd also reached. next am taking a short on 31st october,2004 opening price on eurusd.

TIA:-)

KL KL 01:52 GMT October 21, 2004 Reply   
nyc jk, BOJ also watching their hero playing....so $/Y longers need to wait...maybe spike comes in if NYY wins..and dare not say what they do if NYY lose....maybe bigger spike up!

Ohio Bean Farmer 01:51 GMT October 21, 2004 Reply   
I'm worth only a half a hill of beans now with the good ol' USD depreciating, but I would take that half a hill and put in on the good ol buck reaching 1.2550 before a clear break of 1.26.

Chicago Goofy 01:51 GMT October 21, 2004 Reply   
Just my two cent, NOW, i wouldnt try to short major ccy against usd which didnt see the yearly high yet. 4hr ADX shows gud trend in most of pairs except CAD and AUD, dip near the 14 day MA is a gud buy. By my own feeling cable looks like have an uptrend.

Melbourne Qindex 01:42 GMT October 21, 2004 Reply   
USD/JPY : Current Comment    Register with [email protected] if you have no access to my page.

SanFrancisco TG 01:40 GMT October 21, 2004 Reply   
Ok, you know my thoughts on $Yen.

Anyone worth a hill of beans have an opinion on Euro clearing/not clearing 2600 just ahead?

nyc jk 01:33 GMT October 21, 2004 Reply   
lol KL, actually looks like a big wad of that nasty chewing tobacco.

and the longs say "BOJ, where art thou ?"

KL KL 01:30 GMT October 21, 2004 Reply   
nyc jk , this guy in the pit..is he chewing 20 gums or playing with his false teeth??

SanFrancisco TG 01:29 GMT October 21, 2004 Reply   
$Yen had a sell flow alright. Only real/next point of contension I see is 107.70 +/-, followed by 107.20 +/-.

nyc jk 01:16 GMT October 21, 2004 Reply   
KL KL 01:13 GMT October 21, 2004

ouch

SanFrancisco TG 01:14 GMT October 21, 2004 Reply   
The one caviat of course is the considerable US deficit. The USD being weak is a major component for cutting into and/or countering the deficit. Does this mean the USD must depreciate further to achieve this result? Of course not. The USD in general is already in a weakened state, therefore even gains for the currency from lows to balanced levels should still support the re-balancing of the previous overheated state. There will always be room to gradually move back down some in the process. Value to value to the Euro, the USD remains weak and stimulative while above certain points above par.

Deficit increase, job loss, and virtual destruction of some industries since 2001 have been inevitable, unavoidable due to historically extreme conditions.

I do not believe the race car of the US economy has run out of gas yet, it has just really had the pedal to the floor, this doesnt mean its running out of gas.

KL KL 01:13 GMT October 21, 2004 Reply   
BYE BYE YANKEES....he he sell usd?? 6-0

Brisbane L 01:05 GMT October 21, 2004 Reply   
Hearing that Newscorp stocks will be offloaded this week in Australia by funds , to re-invest in the US stock now its moved, has anyone else got info on this and how much they are talking thanks

SanFrancisco TG 01:02 GMT October 21, 2004 Reply   
I think the bottom line is oil is at absolute highs, the demand is for oil/heating oil/natural gas should be strong this winter. Yet it wont take much more price gouging by OPEC to result in a consumer revolt/conservative measures to abruptly halt the monopoly/crime. The White House is already agressively trying to reverse the laws that the Democratic Party has fought for to the death for decades to halt new refineries. There has not been a new one in the US in 30 years, this is the real problem where US markets are concerned.

Therefore, Oil/Gas has a near term ceiling. Stocks should be testing the downtrend of value shortly, most major currencies are at or near highs/lows. Unless anyone believes there is going to be a gas/oil crisis, and the US is truly economically lagging the Eurozone (The Eurozone is badly lagging US economics) than the idea of a SUSTAINED or truly SIGNIFICANT period of weakness for the USD in general must be in question going forward.

US markets (USD included) have been pricing in uncertainty. The eclipse is, gee to my surprise, coming about the time of the US elections.

Melbourne Qindex 00:57 GMT October 21, 2004 Reply   
USD/JPY : Current Comment    Register with [email protected] if you have no access to my page.

SAIHAT 00:56 GMT October 21, 2004 Reply   
TILL NOW

JPY WORK WELL 108.42 (HIGH)

GBP WORK WELL 1.8153 (LOW)

SanFrancisco TG 00:52 GMT October 21, 2004 Reply   
GEP - yup 108 has shown a little resiliance. Lotsa folks thinking the same, myslef keeping the figure in mind as well. One would think odds are the figure holds, many other pairs testing ceilings/floors right now as well. I am staying out until London starts in, want to see how serious this market is about the "oil hits 2010 levels/stock market collapse" bandwagon going on out there.

Dallas GEP 00:46 GMT October 21, 2004 Reply   
Cable view is that is it can go SHORT ALOT further than it can long at this time. Needs to clear 1.8200 to be convincing LONG IMO

Dallas GEP 00:45 GMT October 21, 2004 Reply   
TG, I suspect that the BOJ has been bidding it up upon approach of 108.11 but will see of course. Thye do tend to MOVE occassionally

Spotforex NY 00:44 GMT October 21, 2004 Reply   
re: Cable (from GVI)

'Spotforex NY 11:39 GMT October 20, 2004
the daily closes in the european ccys at the current levels may prove to be decisive for the directional move on the charts.....Cable is the laggard and needs to clear 1.8250 for the 'all clear' signal on the charts.

But this dollar is bruised ahead of the US elections....'

SanFrancisco TG 00:42 GMT October 21, 2004 Reply   
GEP - I just happen to be watching this session at the moment. I want to just give you my 2 cents that I see a $yen sell flow under way at the moment, but not sure how much it has behind it.

LA fxnew 00:41 GMT October 21, 2004 Reply   
GEP:
your view on cable pls?
thanks

Dallas GEP 00:39 GMT October 21, 2004 Reply   
Long 108.18 on usd/jpy stop @ 107.87 TARGET 108.78

Miami OMIL (/;-> 00:32 GMT October 21, 2004 Reply   
My thoughts are with those that are being affected in Japan and through out the world as I enjoy these games of baseball. It is easy to forget that others are going through some tough times when the rest of us are not. FWIW Immediate support for eur/usd is found now at 2575-70. Further support is at 2540--50, 2520-30, 2500-2490, 2440-50, 2380-2400 and key support 2290-2300. T/L is resting at 2300-20 and mother T/L is at 2240-50 IMHO. GL GT

SanFrancisco TG 00:21 GMT October 21, 2004 Reply   
I understand the typhoon moving through Japan right now leaving devestation is the tenth this year, eclipsing the prior record of six. I hope those in Japan will soon see a strong recovery.

Melbourne Qindex 00:13 GMT October 21, 2004 Reply   
CHF/JPY : Current Comment.  Register with [email protected] if you have no access to my page.

Dallas GEP 00:04 GMT October 21, 2004 Reply   
Well USD is being sold again here...wish this would just make ups it's mind. LOL

 




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