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Forex Forum Archive for 11/02/2004

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Dallas GEP 23:56 GMT November 2, 2004 Reply   
Closed GBP/USD shorts @ 1.8393 (yes at a loss). Have to go to Election party and I am not nursing this. See you guys in LONDON

quito_ecuador_valdez 23:52 GMT November 2, 2004 Reply   
Eilat Dolphin 23:47 GMT November 2, 2004
JFK & a French Chef? Naw, that's crass. He was MM's favorite squeeze at Peter Lawford's sex parties. Give the man a break! Lickable or likable..Dolph, LOL (words of Casius Clay) "I'm a bad man."

SAIHAT No_one_will_escape 23:50 GMT November 2, 2004 Reply   
2-range

1.2575 1.2796
1.2612 1.2758



No_one_will_escape

quito_ecuador_valdez 23:49 GMT November 2, 2004 Reply   
melbourne farmacia 23:43 GMT November 2, 2004
..well, not bad if there's a Playboy Club swizzle stick marking the place of the favorite Psalm. OCO. LOL

Dallas GEP 23:49 GMT November 2, 2004 Reply   
NM. well I do beleive markets WILL follow technicals eventually

Eilat Dolphin 23:47 GMT November 2, 2004 Reply   
Valdez/ My tongue slipped ? Why ? You think Monika wasn't lickable ?
It's my chin that slipped when I heard the cigar bit!
What they don't even have cucombers in the WH.
I am sure, Kennedy, when his back hurted too much, always made sure with the kitchen, his French chef...

quito_ecuador_valdez 23:46 GMT November 2, 2004 Reply   
What's even going to be funnier than black dresses showing up with years old spots (who would have thought she'd have kept it!) is the thudding noise in the mens rooms in the financial district setting off earthquake sensors as the pundits bash their heads in private on the tiled concrete walls trying to figure out how to:
1. Gracefully and artfully sidestep the fact they totally counterindicated the election results to FX.
2. Connect the election results in mysterious ways with FX charts to make themselves at least look like pundits and gurus to preserve their jobs and TV interviews.

melbourne farmacia 23:43 GMT November 2, 2004 Reply   
Ltn th 23:20 GMT November 2, 2004
Yeah . There’s nothing worst than finding a bible next to the bed…

Ltn th 23:42 GMT November 2, 2004 Reply   
KL// If you drive in KL you should be in your element with todays fx market! Same skills and same challenges.

quito_ecuador_valdez 23:38 GMT November 2, 2004 Reply   
Ltn th 23:20 GMT November 2, 2004
LOL! I do drink a little...never a fanatic. When asked if I smoke after sex I merely reply ...never looked down to check.

As Atlanta pointed out...important who gets appointed for what (presidential friends) if Kerry gets the oval oriface. Nothing concrete yet on what's what..suspence is cool. Hey, now, settle down Dolph, remember to put the "n" in Clinton. LOL! Freudian slip? naw..not from Dolphin.

KL KL 23:34 GMT November 2, 2004 Reply   
long gbpusd 1.8391...sl 10 below...time to recoil up imho

Eilat Dolphin 23:33 GMT November 2, 2004 Reply   
N?/ I admit my trading is often ketchupy. I am only any good at boundaries.

Boston mpd004 23:31 GMT November 2, 2004 Reply   
KL kl//agree with you, just picked up +8 for small scalp gl gt

KL KL 23:29 GMT November 2, 2004 Reply   
Ha ha ha...& PHEW!!! was on the brink of cutting loss....locking in 5 pips on gbpusd short at 1.8418 sl now 1.8413...12 ....11..10....ok out 1.8396..happy with +22. Out eurusd short +23 at 1.2717.......ok good start +ve for the day is always good = +45-10 = +35 . Singapore boys are looking after Japs trading...be aggresive with them ...they have no guts IMHO...sell the rally NOW!!!!

GA TJ 23:27 GMT November 2, 2004 Reply   
quito_ecuador_valdez 23:19 GMT November 2, 2004
I think this pres. thing is over rated. Remember, the

I doubt very seriously that either party will be able to get 2/3 veto vote. And yes it is an important election if for no other reason then the Supreme Court nominations which there will be at least 1 and probably 2 in the next 4 years. Currently the court is as divided as the electorate.

How all this will effect FX I honestly don't have a friggin clue!

Zurich NM 23:27 GMT November 2, 2004 Reply   
Eilat Dolphin 23:20 GMT November 2, 2004

Your post is an apple-sauce.

Livingston nh 23:26 GMT November 2, 2004 Reply   
polls in Indiana and KY close at 6 PM est - 25 mins ago

Toronto Waverider 23:24 GMT November 2, 2004 Reply   
Clitonian hehe heheheehee

Eilat Dolphin 23:20 GMT November 2, 2004 Reply   
NM/ I don't see what in this universe can make you think that?
But isn't it a Clitonian bathroom question ?

Ltn th 23:20 GMT November 2, 2004 Reply   
Valdez// Much prefer a man who is into sex rather than religion. I have me doubts about you because you claim not to smoke or drink!

GA TJ 23:19 GMT November 2, 2004 Reply   
That was to funny. http://www.foxnews.com/ has an interesting site to follow the elections, Pres, House, Senate. For a few minutes they were already calling GA, KY and IN for Bush. And a minute later they change it back. Those polls haven't closed yet!!!.

quito_ecuador_valdez 23:19 GMT November 2, 2004 Reply   
I think this pres. thing is over rated. Remember, the pres. isn't the king nor dictator. Congress has the ultimate signature on any legislation and can override presidential veto with a 2/3 vote and can even impeach said pres.. I'd be concerned more of who's who in the Yank congress than pres.

Zurich NM 23:17 GMT November 2, 2004 Reply   
Dallas GEP 23:15 GMT November 2, 2004

Do you really believe that markets follow technicals on the day like this?

Zurich NM 23:16 GMT November 2, 2004 Reply   
Eilat Dolphin 22:47 GMT November 2, 2004

I am really curious what have you been smoking.

Dallas GEP 23:15 GMT November 2, 2004 Reply   
OK well looking at GBP from a technical standpoint....stochs on 4 hoiur and less are showing OVERBOUGHT (so what??? LOL). The MACD's show signs of turning down but they really haven;t yet. Problem with CABLE tho is it will MOVE usually BEFORE you get confirmation.....JUST LIKE NOW

Eilat Dolphin 23:13 GMT November 2, 2004 Reply   
Vadez/ How choking, really! Imagine someone was tailing/trailing you on all your years, fella....

Dallas GEP 23:11 GMT November 2, 2004 Reply   
YOU know me TJ, I am riding it out!!!

Eilat Dolphin 23:10 GMT November 2, 2004 Reply   
mpd/ LOL, And the euro is right in the mid Artlantic Ridge. Wioch means he doesn't know where to go. So that's where the caravellas full of gold sail from, depending of the winds: to Europe or to the Americas...

And as long as the balance does not tilt out in favor of one or another candidate, we'll stay around here.
OK Bias still E going up if a natural flex is felt needed.

GA TJ 23:06 GMT November 2, 2004 Reply   
Cable hit that 1.8420 area that 3 of us metioned earlier this morning. But I didn't hang in there to capture it. I wonder if those other posters rode it out. Shoulda, wouldda, coulda. LOL. Waiting for a show of weakness before shorting it.

Toronto Waverider 23:03 GMT November 2, 2004 Reply   
SIRENS! WE NEED MORE SIRENS ON THE DRUDGE WEB PAGE! SIRENS I TELL YOU!!!!

Eilat Dolphin 23:03 GMT November 2, 2004 Reply   
Waverader/ Sorry the post jumped.
The forum tonight is nice people, as Mosquito wondered if...
And its a very very special night, don't you smell it ?
What, pips night only?

"The fate of all man is in the hand of (2) fools...."
Remember the song.

Only a song. They are not fools.

So I like this world. More that the one twenty some years ago. Because every time we are playing the same bad movie for real: it's "the Rise and Fall of the Roman Empire."

Brought at home in real time.
And it's very important to remain on the safe side of the missile homing.

Provided those who shoot are no tyrant.

But I let you enjoy and bother no more.



quito_ecuador_valdez 23:00 GMT November 2, 2004 Reply   
If Kerry gets the pres, hope he's not got old girlie friends who have saved a dress for 10 years with spots.

NY Coolman 23:00 GMT November 2, 2004 Reply   
Cable needs to break 1.8404 support to confirm the downside move. Otherwise, range trade between 1.8435-1.8405..

boston mpd004 22:55 GMT November 2, 2004 Reply   
Eilat//nice prose! Here's my prose: I'm from Boston and Kerry's a jerk! Problem is, the rest of the country doesn't know him! But after 6 years of Clinton, Kerry's a cherub. But then again, this is a trading forum.

Eilat Dolphin 22:53 GMT November 2, 2004 Reply   
Waverader/ Kerry will be better against fatwas, but both should succceeed!

London e 22:52 GMT November 2, 2004 Reply   
Im moving my stop on short USD/CHF to 1.2041. I will not long it though. If in doubt stay out.

Dallas GEP 22:51 GMT November 2, 2004 Reply   
Target on GBP shorts is 1.8355 ASK

NY Coolman 22:50 GMT November 2, 2004 Reply   
Any views on short-term USCHF?

Toronto Waverider 22:48 GMT November 2, 2004 Reply   
Can someone translate Dolphin's post I'm a noob.

KL KL 22:48 GMT November 2, 2004 Reply   
trying again short gbpusd at 1.8318 sl 10 above....thin market can work both ways to frustrate us...no matter only first 10 pips lost today...eurusd shorts still ok ...nearly got taken earlier by one more pip...phew....

Porto PJT 22:47 GMT November 2, 2004 Reply   
On GBP/USD we have also 1,8431 the top of hourly channel + 37 last relevant high that could cap gbp.Prefered trade short gbp around 1,8425/35, stop on 1.8450. all imo.

Eilat Dolphin 22:47 GMT November 2, 2004 Reply   
Mos-quito/ Not on this move down/up: everyone was very civilized. Almost British, if I may.

We may be emotionally equipped for the night, each one with his most appropriate weapons.

I understand that. I even love it. It reminds me of the rare days when the world may change faster or slower, but differently for sure and we can't know how.
It's not like before a war, because for them now we know.

Today is like a mental D day, a Treaty of Westphalia being signed or not, possibly a Hiroshima decision or not day. The fate of nation may lie in the balance of this US election.

Within 4 years, between two men:

Will happen This or This :

The Fate of Iran.
Of Irak.
Of Kim il Sung baby.

... just to make the list short.

It's a Great Night!

But is there a Nero in hiding ?
Or a Peace Nobel Price Dreamer ?
(Kachmir signature looks for grabs guys)

So we are high
on lots of things
and civilisations, coming, going, vanishing.
And we'll remain so
On expectations.

Because your people up there can do it.
And fuccen succeed.
And before, nobody could.

Solve once and for good this small muslemic problem.
Not Arabic, Muslemic!
And that, Kerry would succceed more than Bush.
For philosophical reasons.
For me, personnaly (if I may, once only): that's what I like.

Meanwhile with FX he's quite OK, thank you.

Dallas GEP 22:46 GMT November 2, 2004 Reply   
OK closed eur/gbp long @ .6914 for +17 pips. GBP target STILL guys according to MA should be 1.8349.

Ldn 22:44 GMT November 2, 2004 Reply   
December Nymex crude off another 52 cents on Access at $49.13/bbl after touching $49.10; worries fading about winter supply crunch in northern hemisphere, plus is caution before U.S. election results start coming in. No exit polls yet but last-minute money has gone Kerry's way on betting sites, view is he'd be more likely to try and halt filling U.S SPR if he was elected

Sydney Ge11Ja 22:43 GMT November 2, 2004 Reply   
Ltn th 22:38 GMT November 2, 2004

Yes Eur/AUD offered somewhat, although big transactions affect AUD due to the size of the market at some point fundamentals kick in. In my opinion 0.7550-0.7600 will be that point. Funny it feels like this time last year and we all know what happened then.

Toronto chixy 22:40 GMT November 2, 2004 Reply   
Dallas, what is your objective on GBP short postion?

Ltn th 22:38 GMT November 2, 2004 Reply   
Sydney Ge11Ja. This is what I was referring to yesterday. Seems banks have been softening up market for some major AUD buyings. Looks like they picked US elections as best time. Worth comparing EURAUD to AUDUSD

Dallas GEP 22:35 GMT November 2, 2004 Reply   
WEll 1.8437 is my stop now on GBP/USD shorts. Once again GBP has surprises in store as usual. EUR/GBP long gains have effectively make this about a BE propositon when applied against gbp/usd short losses this far.

Syd 22:30 GMT November 2, 2004 Reply   
Australia's Reserve Bank Leaves Interest Rates At 5.25%

NewYork frankie 22:29 GMT November 2, 2004 Reply   
Eating big portions of humble pie is no fun. My stop got hit to the exact pip. Have now reversed my position and am aiming for 1.85 stop at 1.8360. This hurts!

Sydney Ge11Ja 22:25 GMT November 2, 2004 Reply   
I know its been said already but please be aware of Japanese holiday today, this mkt is going to be thin to say the least.... I think best strategy today is to watch swings in Asia and look to Europe for good liquid moves.

I must say I am surprised by AUD, something going on there we are not aware of ie maybe some corporate flow etc. Looks out of whack to me so Ill watch and maybe try a small shaort at 0.7535-50. Maybe it is just trading of usd/yen?

GL and GT today, stay nimble

KL KL 22:22 GMT November 2, 2004 Reply   
arrrgh!!! got hit gbpusd will reshort higher...mistake shooting too quick from hip ...forgot to remind myself Japan close today so thin market moves well!!

quito_ecuador_valdez 22:11 GMT November 2, 2004 Reply   
Eilat Dolphin 21:59 GMT November 2, 2004
Isn't it always true that when stop losses and margin calls dig into those who merely copy trades rather than initiate them, the board gets loaded with hot tempers & venom?

Tallinn viies 22:10 GMT November 2, 2004 Reply   
kerry 68 bid.
oooohh
what a gamble

Dallas GEP 22:09 GMT November 2, 2004 Reply   
well GBP and EURO both are longer now. EURO key is around 1.2750 and GBP key is around 1.8410/15

Tallinn viies 22:05 GMT November 2, 2004 Reply   
intrade.com shows KERRY bid at 58
half an hour ago it was 54
fwiw

Eilat Dolphin 21:59 GMT November 2, 2004 Reply   
KL/ You have Bullets to waste because you are high on electoralo-adrenaline.

Our biggest common denominator.

Not that you are wrong sided, WDIK ?

I wonder at what time we'll start having brandy perfumed posts ?
Not that I have lessons to give.
But it'll be so good when the fighting among posters will die naturally.

Tomorrow inch'alla!

NewYork frankie 21:55 GMT November 2, 2004 Reply   
Just in case anyone follows my trades LOL, i hve moved my stop on Cable short to 1.8423. Market is building up to something, not quite sure, but sure don't like the breakout of the 1 hour triangle. The next 1 hr opening bar is crucial for my TA. However, the election result will ultimately decide every currencies fate for the next 48 hours.

Eilat Dolphin 21:53 GMT November 2, 2004 Reply   
So now the $ says Kerry is leading...

KL KL 21:51 GMT November 2, 2004 Reply   
ok short eurusd 1.2740 and gbpusd 1.8407 both sl 10 above....don't ask me why...I trade irrationally LOL...got afew bullets to waste

Eilat Dolphin 21:48 GMT November 2, 2004 Reply   
Waiting, waiting, but they have turned $ frigid in the last hour...

Ldn 21:46 GMT November 2, 2004 Reply   
EUR/USD around 1.2729 from 1.2660 a few hours ago after rumor (since proved false) of explosion in New York, says ANZ currency strategist Alex Sinton; "I think it's just someone trying to generate moves. In reality we're not outside any different ranges we've been outside recently." Outside of that, FX markets quiet; "there's not an awful lot happening, people are just waiting

Dallas GEP 21:40 GMT November 2, 2004 Reply   
YEp, GBP/USD is still a short. Should touch 1.8348 again tonight

KL KL 21:34 GMT November 2, 2004 Reply   
What a suprise my long at 1.8352 was not taken out so close at 1.8397...no need to think twice the moment I woke up...rarely I get 35 pip in my style. 3-4 hours holding is long term for me . LOL... Looking to short this beast higher later...why not

Halifax CB 21:34 GMT November 2, 2004 Reply   
LA ss - here's mine: I''m staying out till Europe opens tomorrow. Japan's on holiday, so jumping in anytime after noon-time today is like flipping coins (even though cable looks set up for another good short....but no, I must resist...)

LDN LDN 21:34 GMT November 2, 2004 Reply   
Canada's Goodale Says Higher Dollar Threatens Exports

http://quote.bloomberg.com/apps/news?pid=10000080&sid=aacGzAheyuk8

Los Angeles ss 21:27 GMT November 2, 2004 Reply   
Anyone with any thoughts on cable?

Tallinn viies 21:27 GMT November 2, 2004 Reply   
LA Fxnew 21:23 GMT - over 1,28 I turn to bull again

Dallas GEP 21:24 GMT November 2, 2004 Reply   
OK just got back on line and my 6897 E/P LONG on EUR/GBP was taken on one account on my platform but it DID NOT put me in on the other account. WTF???? Diffrence is the spread is 2 pips WIDER on one account vs. the other

LA Fxnew 21:23 GMT November 2, 2004 Reply   
viies;

whats ur view on euro?

TIA

Eilat Dolphin 21:18 GMT November 2, 2004 Reply   
On a ten minutes chart, this move looks more like a Reversal than like a Cathedral.
Unless it's on rumor or ambush. We'll know within a couple of hours.

Tallinn viies 21:12 GMT November 2, 2004 Reply   
sorry, thought I paste link

Tallinn viies 21:12 GMT November 2, 2004 Reply   
http://www.intrade.com/?request_operation=cs_search&request_type=action&contractBook=none&forwardpage=main&id=&uri=&location=&tableType=&membershipNumber=&password=

George New York 21:03 GMT November 2, 2004 Reply   
London e
I confirm all your words.

SF MRZ 21:03 GMT November 2, 2004 Reply   
going to try to short the Eur/$ here 1.2723

Syd 21:00 GMT November 2, 2004 Reply   
RBA EXPECTED TO LEAVE OFFICIAL INTEREST RATES AT 5.25% THIS MORNING
Economists are almost unanimously predicting the central bank will leave the rate at 5.25% for the eleventh month in a row.

London e 21:00 GMT November 2, 2004 Reply   
Chicago JMI 20:52 GMT November 2, 2004
Its always a zero sum game so even though some people are going to lose a lot of money, some people are going to gain a lot of money. Also trend... what trend? In the long run its down, in the short term its up, in the minute term its down... events can cause a change in trend, although not always in the direction fundamentalists would expect...

NY Shawn 20:56 GMT November 2, 2004 Reply   
I agree. Trend tell the truth

Chicago JMI 20:52 GMT November 2, 2004 Reply   
London e 20:48 GMT November 2, 2004
Bush getting in or not is meaningless. Dollar will go where it wants to go regardless. I hope people understand that or they're going to lose a lot of money.

London e 20:48 GMT November 2, 2004 Reply   
Im short USD/CHF from 1.2115 with my usual 15 pip stop. I think the best strategy is to hold short positions in $ with a trailing stop (not to tight - expect choppiness), just in case Bush does get in cleanly tonight.

LA Fxnew 20:48 GMT November 2, 2004 Reply   
apparently euro and cable are going up strong .. looks like everyone who is shorting will be cut off

Syd 20:40 GMT November 2, 2004 Reply   
When does this site start updating?

http://www.cnn.com/ELECTION/2004/pages/results/president/

NY Shawn 20:38 GMT November 2, 2004 Reply   
I short usdjpy at 106.70

london 20:37 GMT November 2, 2004 Reply   
(AP__)Oil prices, until last week threatening to soar to a record $60 a barrel in New York, are now expected to fall to the mid-$40s as supply concerns ease.
Prices have fallen more than 10% since climbing to a new all-time high of $55.67 last week. The pullback has come amid easing fears of a winter supply crunch.
With analysts expecting commercial petroleum inventories to continue to grow, prices are expected to fall further as funds that invest in commodities bail out of the market. That could promise some relief for consumers, who are facing record winter heating bills after paying high prices for gasoline all year. "Supplies are going to be shown to be sufficient, and you're going to see further selling," said John Kilduff, senior vice president for risk management at Fimat Futures USA. "We're probably looking at a pretty quick trend down."
Prices, Kilduff said, are likely to fall toward $47 a barrel in the short term and eventually down to the "low $40s."
"In the near term, with the price structure under persistent pressure, the path of least resistance appears to be pointing downward," he said. Rick Mueller, an analyst at Wakefield, Mass-based consultancy ESAI, agreed. "Current fundamentals do not justify prices in the mid-50s," Mueller said. "Fundamentally, probably in the mid to low $40s."
U.S. inventories of distillates, which include heating oil and diesel, have shrunk in each of the six weeks to Oct. 22, as Hurricane Ivan shut down refineries just ahead of the fall maintenance season. Those declines have heightened fears of a winter supply crunch, lifting heating oil futures to a record $1.61 a gallon last month in New York. But with heating oil margins at extremely high levels, refiners are expected to crank up output and build stocks. Analysts surveyed by Dow Jones Newswires on average expect the Energy Information Administration, the statistics arm of the U.S. Department of Energy, to report Wednesday that distillate inventories built last week by a slim 80,000 barrels. Even if the report shows another draw in distillate stocks, it may not be enough to reverse oil's slide, Kilduff said. "It's just the momentum on the downward side seems to be too much of a factor right now," he said. Technical charts also point to lower prices, causing traders to turn a blind eye to otherwise bullish fundamental news, said Tom Bentz, an analyst at BNP Paribas Futures. "The reality is that the negative technical patterns are leading to aggressive selling and long liquidation," Bentz said. "Even the potential for another Nigerian strike has not halted the slide." At the New York Mercantile Exchange, December crude futures settled down 51 cents at $49.62, the lowest settlement in more than a month, following a $1.63 drop Monday. Longer term, however, prices are likely to move higher again after a correction, according Jess Black of Black Flag Capital Partners LLC, a small hedge fund based in Hoboken, N.J. "Oil most likely has put in an intermediate peak like that seen last August," Black said. "Prices should fall back to $40 in the coming weeks before building a base and heading higher." The EIA isn't optimistic prices will drop sharply. It is concerned overall inventories remain tight, although it expects oil prices to ease a bit as Gulf of Mexico production returns to normal by the end of the year. EIA analyst Doug Costello said oil prices have often fallen back only to resume their rally. The underlying story of high oil prices, he said, is the same: strong demand and tight world supplies. As for heating oil, inventories are likely to grow in the coming weeks, but that growth will come at the expense of crude inventories, Costello said. "We don't anticipate that inventories will improve on net," he said. "That doesn't suggest that crude would fall that much."

After averaging more than $53 in October, crude prices should average $46.40 in November and $45.90 in December, Costello said.

LA Fxnew 20:36 GMT November 2, 2004 Reply   
everyone still hold your short ???

NY Shawn 20:30 GMT November 2, 2004 Reply   
Sorry I shall thanks to Dolphin

Mtl JP 20:29 GMT November 2, 2004 Reply   
valdez 19:57 / I usualy cross check a few and make up my mind as to what may matter to the market.
yahoo
washingtonpost
Briefing.com
Bloomberg
thestreet
marketwatch

LA Fxnew 20:28 GMT November 2, 2004 Reply   
all these big sharks are taking profit by unexpectedly moving cable and euro up...
$#$$% them!

Melbourne Qindex 20:26 GMT November 2, 2004 Reply   
TLV B747 20:22 GMT - I am not running any projection for longer than 1-3 month period.

Bahrain 20:26 GMT November 2, 2004 Reply   
euro drops not over expect another to 1.26 area

London e 20:26 GMT November 2, 2004 Reply   
IMO, after saying USD will rally last week, I now believe USD may fall further, people have been buying early this week in hope of a straightforward result and therefore rally, if this is not the case which is increasingly likely, USD may fall harder.

Bahrain Within 10 Pips 20:24 GMT November 2, 2004 Reply   
Euro now will play hold for the rest of the week...to make the next drop
I think the range 1.26 to 1.2550 ok to buy

NY Shawn 20:24 GMT November 2, 2004 Reply   
Thanks eilat. I do not have such news.

LA Fxnew 20:24 GMT November 2, 2004 Reply   
wth just happened???
cable and euro went up????

TLV B747 20:22 GMT November 2, 2004 Reply   
Melbourne Qindex 20:19 GMT November 2, 2004

what you think about EUR/USD 1.2000-1.4000 as range until JUN/2006?

Bahrain Within 10 Pips 20:21 GMT November 2, 2004 Reply   
Euro Just being pushy to make space to have an excuse to go down...as I was expecting
Goldcost I U get bad dreams U "J"

Eilat Dolphin 20:20 GMT November 2, 2004 Reply   
shawn/ it is rumored among banks that Kerry has a lead......

Melbourne Qindex 20:19 GMT November 2, 2004 Reply   
TLV B747 20:03 GMT - My numbers are a little bit better with the recent fine adjustment on my system.

Bahrain Within 10 Pips 20:19 GMT November 2, 2004 Reply   
Thanks Houston and wisc
I really appreiciate it
:)

london 20:18 GMT November 2, 2004 Reply   
Gold futures on the Comex division of the New York Mercantile Exchange plunged more than $7, or over 1.7%, Tuesday on speculative profit taking spurred by pre-placed stop-loss sell orders and the slightly firmer U.S. dollar ahead of the U.S. presidential election results.Many hedge funds and commodity speculators had built up exposure to gold in anticipation of a drawn-out legal fight over the closely contested presidential race such as that seen in 2000. As a result, speculators turned their attention beyond the election and to the expected relief rally in the U.S. dollar as global investors adjust to the results and gain the confidence to place more money into the U.S. economy. "The funds are realizing that interest rates could rise, or oil prices could come off further, and the U.S. dollar can rise after the election and so are pre-empting those possibilities ahead of the election," said George Gero, a senior vice president at Legg Mason Wood Walker.
"Normally these things would happen after an election but the gold market is trying to get ahead of the game," he said.
A dealer with a large futures commission house agreed: "There's likely to be a dip in gold just after the election once we get a result, so the longs are taking some profits early."
reuters.

NY Shawn 20:17 GMT November 2, 2004 Reply   
Can any one know what happened moment ago which moved euro 60 pips in one minute?

YVR MAXXIM 20:17 GMT November 2, 2004 Reply   
Asian central bank selling seen at 1.8400.


gbp-usd 1hr.close
12-13-14-15-16-17-18-19-20.00hr
67-87-84-77-73-84-80-63-(84)

Pecs Andras 20:16 GMT November 2, 2004 Reply   
KERRY FINDS COMFORT IN FIRST BATCH OF EXIT POLLS; BOTH CAMPS URGE CAUTION
Drudge Report, fwiw

houston st 20:15 GMT November 2, 2004 Reply   

BAHRAIN -- hang in there...this too shall pass...double happiness to you the rest of the week.

Bahrain Within 10 Pips 20:14 GMT November 2, 2004 Reply   
Yeah...Jay...We demand something like yahoo chat...
Java "S"

wisconsin tim 20:14 GMT November 2, 2004 Reply   
fool me once shame on you ... fool me twice shame on me =P

Bahrain Within 10 Pips 20:13 GMT November 2, 2004 Reply   
everytime I log in to this place During Asian times...I loose...It's becuase of this "P"

wisconsin tim 20:12 GMT November 2, 2004 Reply   
Bahrain Within 10 Pips 20:00 GMT November 2, 2004
I would love to be able to select people to 'not show posts' via a control panel but goldcoast wouldn't be one of them.

Eilat Dolphin 20:12 GMT November 2, 2004 Reply   
Sure, Within 10, just help yourself...

dc fxq 20:10 GMT November 2, 2004 Reply   
"incident" in NYC (abandoned briefcase) may be part of it.

quito_ecuador_valdez 20:10 GMT November 2, 2004 Reply   
just found out..Kerry broke wind in public, umpire gave 100,000 votes to Bush.

Bahrain Within 10 Pips 20:09 GMT November 2, 2004 Reply   
Sorry guys...I am cashing in now

Eilat Dolphin 20:08 GMT November 2, 2004 Reply   
Sexbank says because of rumors of mister K ahead.... FWIW

quito_ecuador_valdez 20:08 GMT November 2, 2004 Reply   
WTH happened? Please, if anyone has news..POST IT.

NewYork frankie 20:08 GMT November 2, 2004 Reply   
WTF just happened. Went for a coffee and all H^&L breaks lose?

Eilat Dolphin 20:07 GMT November 2, 2004 Reply   
This market knows where it wants to go like a hot blond Euro Viking virgin!

Cmn baby relax, How do you want me to catch you...
Lay still... there's always the morning after pill.

oh, apparently we lost the breaks too. 1.7016, You sure come fast&high.
Your eyes are shining too.

Hey wait did something bad happened???????????????????????

Bahrain Within 10 Pips 20:07 GMT November 2, 2004 Reply   
I had all these plans guys and this goldcost with intemidations...Not cool...Makes my perfromance alot less...in turn I put that bias into the forum dudes

TLV B747 20:06 GMT November 2, 2004 Reply   
thank you Qindex for the 1.2660/65 hint..!!!

gt all

quito_ecuador_valdez 20:04 GMT November 2, 2004 Reply   
No more coffee for you Bahrain. |:^)

TLV B747 20:03 GMT November 2, 2004 Reply   
Bahrain Within 10 Pips 20:00 GMT November 2, 2004

stop complaining/blaming and start making !!!
Bush or Kerry, we make total of 500/600 pips before the official outcome !!!

gt all

Bahrain Within 10 Pips 20:00 GMT November 2, 2004 Reply   
We need Ignore button on this gvi...I lost good entries cause of this goldcost

Bahrain Within 10 Pips 19:58 GMT November 2, 2004 Reply   
Slight care at euro arounf 1.2610...Might go back

quito_ecuador_valdez 19:57 GMT November 2, 2004 Reply   
Mtl JP 19:12 GMT November 2, 2004
If I may ask, what FX calender do you use for economic events i.e. USD (& others)? None of mine had the Redbook and the other data (forget what now) you gave on GVI. TIA amigo.

As to the election, chances are it'll go smoothly and we'll know in the Asian session who's the pres. one way or the other.

Bahrain Within 10 Pips 19:56 GMT November 2, 2004 Reply   
Goldcost is brainless Freshman In college...I knew all this was gonnaa happen

NewYork frankie 19:53 GMT November 2, 2004 Reply   
At last, we have broken out of that 5min triangle and are now within the 1 hr triangle with a support at 1.8320. Remember, this could be the start of a mega move. My stop is still at 1.8411. TP open but hoping for just under 200 pips by tomorrow fingers crossed!

TLV B747 19:52 GMT November 2, 2004 Reply   
the elections out come is 50/50 call, if FX trading was a 50/50 call we all were mega rich.
so, why to make so much noise about 50/50 call ???

from the current prices in each pair, a call for 100 pips to any direction before the official outcome os US elections is not risky...so, make momey !!!

leave making noise and start making money :-)

Dublin Levano Gazariny 19:51 GMT November 2, 2004 Reply   
J will relax in 3-5 hours now.

Dublin Levano Gazariny 19:49 GMT November 2, 2004 Reply   
J m Democrat

KL KL 19:46 GMT November 2, 2004 Reply   
long gbpusd 1.8352...no logic for weakness to start so early...People are still voting they have 3-5 more hours...relax

Eilat Dolphin 19:44 GMT November 2, 2004 Reply   
Levano/ The winner will win. Why the exitment? You know what the future holds ?

Dublin Levano Gazariny 19:41 GMT November 2, 2004 Reply   
Kerry Must WIN!! Do you copy..

KL KL 19:40 GMT November 2, 2004 Reply   
Hello what this...some excitement ...oh well take the short gbpusd profit at 1.8364 +17 nice start to a new day...out long eurgbp BE....maybe better focus on one better...no need to be greedy...be focus....

Syd 19:40 GMT November 2, 2004 Reply   
HSBC called for a selloff in AUD/USD on Mon, and holds that view again Tue. Daily Stochastics are still highly overbought, negative and falling. Now trading at 0.7442, immediate support comes in at 0.7415 and 0.7395, break of the latter targets 0.7385

KL KL 19:36 GMT November 2, 2004 Reply   
ok top of the day and long eurgbp .6902, short gbpusd 1.8381...and going to rest a bit more. Need the power to trade Asian session(Japan on holidays...fyi) so thin and manipulated markets... sl 10 as usual

TLV B747 19:32 GMT November 2, 2004 Reply   
good evening all,

the outcome of US elections will not change the EUR/USD 1.2000-1.4000 range until JUN/2006.

btw, I just heard that OBL voted in Brooklyn (for GWB) :-)

gt all

mwc 19:27 GMT November 2, 2004 Reply   
I wonder what TG is going to do if bush loses. he might not be able to function for sometime. maybe he could go down to crawford and help bush on the ranch and talk about what could have been

Dublin Flip 19:21 GMT November 2, 2004 Reply   
tg even though it's convenient to blame everything on sept 11
you omit that after the initial shock the stock markets rallied back to the same levels and remainded around there 1,100 till may 2002. Despite multi-trillion dollar tax cuts and savagely negative real intrest rates the S+P still has not gone back above those Aug 2001 levels i.e. Pre- Sept 11.

The FX markets reacted even orderly to the tragic event. The Dollar rallied until Junior's "axis of evil" speech scared the living daylights out of corporate investors everywhere and we've seen very little non-official US-bound funds since.

Mtl JP 19:17 GMT November 2, 2004 Reply   
wall street bull$hittng street on steel prices...
I sence smart money is leaving.

SanFrancisco TG 19:17 GMT November 2, 2004 Reply   
Ok, gonna go out and play some good ol American basketball. Good day. The anarchists are free to roam unscathed.

SanFrancisco TG 19:15 GMT November 2, 2004 Reply   
JP. The Gold Standard went out of relevence when the global economy began to evolve past the 1800's, say around 1930.

Syd 19:13 GMT November 2, 2004 Reply   
Andy Busch, global forex strategist at BMO Nesbitt Burns, says dollar shorts could get a nasty surprise if, as he predicts, the election is decided cleanly tonight. Busch says given how dollar-short the market is, and given that Tokyo markets are shut, USD could see "a spike in volatility," if Tues. ends with a clear result and no terror attacks.

SanFrancisco TG 19:13 GMT November 2, 2004 Reply   
Stockholm. I enjoy sharing fact against the grain of propoganda. You have it backwards.

Mtl JP 19:12 GMT November 2, 2004 Reply   
USD having been unpegged from Gold standard allowed capitalist communists to lie. Deficits are simply a manifestation and a measure of politician's promises and lies.

Gold standard: the centrifugal separator of BS from Truth solution.

SanFrancisco TG 19:10 GMT November 2, 2004 Reply   
See an accurate, non-diluted US economic fact compilation in my archive in the Financial Forum.

Stockholm AGuy 19:08 GMT November 2, 2004 Reply   
Good heavens TG, I'd ask what you've been smoking - and if I could please get some - if the symptoms of a massive propaganda overdose weren't so patently obvious. The feebleminded and easily led are known to react this way when exposed to prolonged electoral campaigns.

Hopefully you'll start detoxing tomorrow. Get well soon.

SanFrancisco TG 19:05 GMT November 2, 2004 Reply   
Let there be no mistake, the current deficit could no more be avoided today than the deficit the country saw during the WWII era. The economic apocalypse of September 11th, 2001 was compounded by a recession in full stride since the end of 1998. Had the US government not responded with drastically lowered interest rates, a weak currency policy, and lowered taxes to rescue a devastated business world, the results of arguably the greatest economic shock in US history would have been even more horrible. The effect would not have been limited to the US.

Consider this in addition. The S&P 500 dropped 7% in in approximately five days after the 911 terror attack, this after US markets were literally shut down for days. One year later it had gained 15% according to the Bank of England. This is a historically solid showing by the current US economic team. The BOE says "the Federal Reserve managed to preserve the integrity of the financial system through unprecedented liquidity injection" with results comparable to the rescue of the 1987 stock market crash and on par basis of recovery compared to the drain of WWII.

These and other measures are the same Roach and Kerry have been mouthing off about for 4 years until now Roach has to change his tune.

Melbourne Qindex 19:04 GMT November 2, 2004 Reply   
LA Fxnew 19:02 GMT - They are very busy in trading EUR/GBP.

LA Fxnew 19:02 GMT November 2, 2004 Reply   
amazing .. for those who are still supporting cable at 60..
looks like today no big sharks are going to dump cable

quito_ecuador_valdez 18:57 GMT November 2, 2004 Reply   
Roach...I agree in substance with what Roach said in the quote below but as posted below he's flipflopped his view 180o. Either he now realizes his error or he's just plain mealy mouthed. I think a LOT of money people have come to the reality that a cheap USD is mandatory for a US stimulus albeit world stimulus as Roach commented. The Roach quote below infers he means the deficit can be offset but not eliminated or "bought out" by a cheaper USD & higher US int rates.

SanFrancisco TG 18:45 GMT November 2, 2004 Reply   
Amazing that Roach would be loudly calling for a higher dollar the past three years until now. Telsl me he needs to backtrack on his politically motivated error.

perrie como 18:43 GMT November 2, 2004 Reply   
This is what Stephen Roach of Morgan Stanley thinks:

“For an unbalanced world, rebalancing can only occur through a change in relative prices. The dollar is the world’s most important relative price, and, in my view, it has nowhere to go but down.

Dollar depreciation is also part and parcel of a classic current account adjustment. A weaker dollar will inevitably
lead to higher US real interest rates providing long overdue restraint to interest rate sensitive and assetdriven
spending of American consumers and businesses.

That will then lead to a rebuilding of national saving, thereby lessening the need to run large current-account and trade deficits that have, in turn, led to heightened protectionist risks.

A weaker dollar will also put long overdue pressure on the rest of the world to stimulate its own domestic demand -- both by embracing structural reforms and by backing away from
the increasingly reckless and destabilizing recycling of foreign exchange reserves into dollar-denominated assets.”

perrie como 18:36 GMT November 2, 2004 Reply   
Iraqi Rebels Bomb Baghdad Ministry, Hit Oil Sector
Reuters - 1 hour ago
... for a US-led assault on their Falluja and Ramadi strongholds showed their muscle Tuesday with a bloody car bombing in Baghdad, strikes on oil pipelines and ...

all seems as Kerry, except Oil upper which price might suffer from casualties.

Melbourne Qindex 18:32 GMT November 2, 2004 Reply   
EUR/USD : Next tageting level is 1.2660 - 1.2665.

SanFrancisco TG 18:31 GMT November 2, 2004 Reply   
FloridA vv 17:49 - Thanks very much. Also I'll keep an eye on that Yen like you say. GT

perrie como 18:29 GMT November 2, 2004 Reply   
The US market is holding Kerry's Trend...stronger dollar and stronger yen and sf.

Bush means commodities up, dollar down, interest rates up.

Guess you know big investments where they are.

g/l

i.w.

FloridA vv 18:05 GMT November 2, 2004 Reply   
USD/JPY

The Key supporting level - (super magnet with the reversed polarity) is located @ 106.15. Odds are in fafour of taking long position.
Would like to advise goinng long with the stops below above mentioned levell. As a first target we will set at 107.44

GT ;))

Melbourne Qindex 18:00 GMT November 2, 2004 Reply   
USD/JPY : My weekly cycle charts show that barriers are expected at 105.92, 106.24, 106.31 and 106.40.

Indonesia-Solo Raden Mas 17:57 GMT November 2, 2004 Reply   
gold change wave corection railway to get 422.89(not 423.80) ..

Melbourne Qindex 17:55 GMT November 2, 2004 Reply   
Melbourne Qindex 23:37 GMT November 1, 2004
USD/JPY : The key quantized level of my daily cycle is located at 106.01 and the neutral zone is 106.32 - 106.53. Speculative selling will increase if the market is trdaing below 106.32. A projected barrier is positioning at 106.64 - 106.79 and a projected resistant level is located at 106.91 - 107.18. A projected supporting level is expected at 104.97 - 105.07. The odds are in favour of taking a short position.


Curve A : ... 105.07* // 105.39 - 105.70* - 106.01 - (106.32)* - 106.64 - 106.95 // 107.26 - 107.58* ...


Curve B : ... 104.45* // 104.97 - 105.49* - 106.01 - (106.53)* - 107.06 // 107.58* ...


Curve C : 104.84* // 105.23 - 105.62* - 106.01 - (106.40)* - 106.79 - 107.18* // 107.57 - 107.96* ...

EU ZORRO 17:55 GMT November 2, 2004 Reply   

....I'm buying more, couse I'm afraid I can't get levels below 1,2600....

Melbourne Qindex 17:52 GMT November 2, 2004 Reply   
Melbourne Qindex 08:03 GMT November 1, 2004
AUD/USD (Weekly Cycle) : The key quantized level of my weekly cycle is positioning at 0.7453 ............................

gold coast martin 17:52 GMT November 2, 2004 Reply   
YVR MAXXIM 17:50 GMT November 2, 2004
EU ZORRO fox back in hen house ;-

LOL...An even better contra indicator to short euro.....

Melbourne Qindex 17:51 GMT November 2, 2004 Reply   
The daily cycle charts for EUR/JPY and GBP/JPY are still goodreference in the coming Asian session.

gold coast martin 17:50 GMT November 2, 2004 Reply   
Correlation between gold and aud at the moment is totally out of balance...gold has corrected like oil before election....aud will correct post election like all other loaded pairs...great time to be shooting fish in the barell, post -election...g/t to everyone.....

YVR MAXXIM 17:50 GMT November 2, 2004 Reply   
EU ZORRO fox back in hen house ;-)

Melbourne Qindex 17:50 GMT November 2, 2004 Reply   
Melbourne Qindex 01:43 GMT November 2, 2004
EUR/JPY : The key quantized level is located at 135.98 and the neutral zone is 135.56 - 135.98. A projected resistant level is positioning at 136.40 - 136.49. A projected supporting level is expected at 134.29 - 134.46.


Curve A : ... 133.95* - 134.46 // 134.96* - 135.47 - (135.98)* // 136.49 - 137.00* ...


Curve B : ... 133.86* - 134.29 // 134.71* - 135.14 - (135.56)* - 135.98 - 136.40* // 136.82 - 137.25* ...


Curve C : ... 134.39* // 134.71 - 134.71 - 135.03* - (135.66)* - 135.98 - 136.30 // 136.62 - 136.93* ...

Melbourne Qindex 01:09 GMT November 2, 2004
EUR/JPY : 44-Day Cycle reference (29/10) barriers are as follow :-


... // 135.12 - 135.54 - 135.87 - 136.37 // ...

FloridA vv 17:49 GMT November 2, 2004 Reply   
TG Very, Very inspiring.
BTW Those who want free stuff, like charts, graphs ets. have to work hard and make it free for themselves by brousing and analysing hundreds of websites and their "good friends from beeeg banks" predictions.
As for the trading : don't expect a sharp sell off in majors - Eur/Usd, Gbp/Usd, Aud/Usd.
Yen looks very heavy. With the good Nikkey jump yesterday Yen was not in a hurry to push down Usd,and Gbp. The most suffered pair was Eur/Usd, the reason - fallinng Eur/Gbp.
Yen, I suppose, will make the weather for majors - at least during Asia session.
All IMHO
GT

I see it as a good chance to get some cheep Usd/Jpy here or at 106.21 with s/l @ 105..70/45

Indonesia-Solo Raden Mas 17:47 GMT November 2, 2004 Reply   
eur/usd and gbp/usd..please stay!!. wait gold touch 423.80 before down..

SanFrancisco TG 17:46 GMT November 2, 2004 Reply   
Off to the polls to vote against Castro.

Melbourne Qindex 17:45 GMT November 2, 2004 Reply   
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 1.2813 (the mid-point reference of 1.2653 and 1.2973) and continues its way to 1.2973 in a trending manner. (2) It can move ahead towards 1.2332 in a trending manner. (3) Vibrating around 1.2653 with an expected magnitude of 1.2464 - 1.2842.


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

Indonesia-Solo Raden Mas 17:43 GMT November 2, 2004 Reply   
gold is enough bottom step at 416.95. Ideally move up from there to get 423.80 or 426.40 as the swing corection before down to get next step at 410.87 and maximal 404.60..

Dallas GEP 17:43 GMT November 2, 2004 Reply   
What a surprize ZORRO!!!!

EU ZORRO 17:42 GMT November 2, 2004 Reply   
Hi all...!!!!

...I'm acumulating more EUROS here....

Melbourne Qindex 17:40 GMT November 2, 2004 Reply   
Melbourne Qindex 11:23 GMT November 2, 2004
GBP/USD : My weekly cycle charts indicates that 1.8345 and 1.8377 are projected barriers.

Melbourne Qindex 17:36 GMT November 2, 2004 Reply   
Melbourne Qindex 12:32 GMT November 2, 2004
EUR/GBP : The neutral zone of my daily cycle is located at 0.6940 - 0.6953. A barrier is expected at 0.6929 - 0.6932 and a supporting level is positioning at 0.6910 - 0.6911.


Curve A : 0.6908* ... 0.6924* // 0.6932 - 0.6940* - 0.6949 - 0.6957* - 0.6965 - 0.6973* - 0.6981 // 0.6989* ...


Curve B : ... 0.6916* // 0.6929 - 0.6942* - 0.6955 - 0.6968* - 0.6981 // 0.6994* ...


Curve C : ... 0.6916* // 0.6925 - 0.6934* - 0.6944 - 0.6953* - 0.6963 - 0.6972* - 0.6981 // 0.6990* ...


Melbourne Qindex 11:58 GMT November 2, 2004
EUR/GBP : In my Quarterly Cycle barriers are located at 0.6910, 0.6921, 0.6958, 0.6968 and 0.6991. In general curve A, curve B and curve C are required to fully describe the market movement at any time frame.

Melbourne Qindex 11:53 GMT November 2, 2004
EUR/GBP : My 44-day cycle charts indicate that the market is pulling towards 0.6906 which is the common factor for curve A, B and C. I also calll it the key quantized level and the market has a good chance reaching this target. A projected supporting barrier is locatd at 0.6923 - 0.6926.


Curve A : ... // 0.6906* - 0.6931 - 0.6955 - 0.6980 - 0.7005 // ...

YVR MAXXIM 17:36 GMT November 2, 2004 Reply   
gbp-usd down side watch 61-49
upside close 1 hr 91 for higher/tops 1.8500
FX NEW * behind your name for instand updates could help!
Get the "VI-EW",tells more then a thousand words.

gt maxx z

Dallas GEP 17:36 GMT November 2, 2004 Reply   
Andras, I don't think they are really BID. I think there simply isn't enough action on those SPECIFIC pairs right now. As you know AUD/USD moves MORE when they and the Japaenese are in session generally. So my guess is they will have delayed reaction to whatver the trend winds up being

Melbourne Qindex 17:35 GMT November 2, 2004 Reply   
Melbourne Qindex 02:46 GMT November 2, 2004
GBP/JPY : The key quantized level of my daily cycle is located at 192.92 and the neutral zone is 194.29 - 195.59. A projected resistant level is positioning at 196.59 - 196.66 and a projected supporting level is expected at 192.92 - 193.45.


Curve A : ... 192.92* - 193.22 // - 193.53* - 193.84 - 194.14* - 194.45 - (194.75* - 195.06 - 195.36)* - 195.67 - 195.98* - 196.29 - 196.59* // - 196.90 - 197.20* ...


Curve B : ... 192.38* // 192.92 - 193.45 - 193.99 - (194.52* - 195.06 - 195.59)* - 196.13 // 196.66* ...


Curve C : ... 192.92* // 193.29 - 193.67 - (194.43* - 194.81 - 195.18)* - 195.56 - 195.94* - 196.32 // 196.70* ...

Melbourne Qindex 17:34 GMT November 2, 2004 Reply   
Melbourne Qindex 02:01 GMT November 2, 2004
GBP/JPY : 44-Day Cycle reference (29/10) barriers are as follow :-


... // 194.84 - 195.04 - 195.28 - 195.46 // ...

Melbourne Qindex 17:33 GMT November 2, 2004 Reply   
Melbourne Qindex 06:35 GMT November 2, 2004
GBP/USD : The current expected trading range from my 44-day cycle is 1.8212 - 1.8394. The following barriers are located within this range :-


... // 1.8212 - 1.8232 - 1.8248 - 1.8258 - 1.8272 - 1.8303 - 1.8313 - 1.8321 - 1.8331 - 1.8394 // ...

SanFrancisco TG 17:32 GMT November 2, 2004 Reply   
Thats ok Helsinki, keep looking for ways to avoid economic fact.

Dallas GEP 17:32 GMT November 2, 2004 Reply   
Well we had had alot of people exchanging their EUROS for POUNDS TODAY which of course has kept GBP/USD for the time being at this level. Maybe the reason for this is the feeling that pound is less subsceptible to the fundamental effects of this US election for now. So in a way, the GBP is a SAFER haven currency than EITHER the USD OR EURO at this time would be the theory IMO. Well basically tho, the GBP and the EURO can't go in opposite directions for any sustained period of time so if the EURO shorts down HARD, so will the POUND after absorbing the effect of the eur/gbp action.

LA Fxnew 17:25 GMT November 2, 2004 Reply   
Gep .. you are still pretty confident cable will go down :)

but it still hasnt break 60 for this long .. dunt u have a bit doubt ?

Pecs Andras 17:25 GMT November 2, 2004 Reply   
Let me just repeat an earlier question:
Why are AUD and NDZ so bitd. Oil is down, gold is down now by 9 USD or more, EUR is down.
Any particular reason you guys can see?
TIA

GA TJ 17:24 GMT November 2, 2004 Reply   
Dallas GEP 17:18 GMT November 2, 2004
FXNEW, this cable should go down, UNLIKE my wife!!! LOL

Blackmail Time. Gep time for you to cough up the trading system and profits or I will send your wife a rusty knife along with this post. LOL

I am thinking that Cable will bounce around the 1.8370 - 1.8400 area for a few more hours before it breaks downward. (like Geps Johnson)

Helsinki iw 17:24 GMT November 2, 2004 Reply   
SanFrancisco TG 17:06 GMT November 2, 2004

Thanks for the enlightening comment TG, however you use rates of change all the time in your arguments, which can be highly misleading. In 2003 e.g. the NDX probably rallied some 50% which is impressive, but nothing compared to the drop from the highs. The only headline number you use is that of household net worth, a direct function of housing prices.

By the way, I have lived an worked in the USA and admire alot of things in the American way of life, among them the freedom of speech. So while I may not agree with the current administration I don´t count myself as terrorist symphatizer.

Enough politics from me for today.

Illinois DB 17:23 GMT November 2, 2004 Reply   
SanFrancisco TG 17:13 less anti-American and/or anti-Bush
Make up your mind TG. Which do you want,
less anti-American or less anti-Bush? :)

SanFrancisco TG 17:23 GMT November 2, 2004 Reply   
Here are a few samples of the underlying power of the current US economy. Again I see no hyped cliff dive under current policy ...

The Philadelphia Fed Index - Business Outlook Survey of December 2003, New Orders Index showed its highest level in 23 years with a 41.8 figure.

Corporate profits post tax rose 10.6% annual rate in Q4 2003, the strongest surge in 11 years (fourth quarter of 1992).

The US military expense compared to GDP was only 0.5% for the removal of Iraq’s terror harboring Baath Regime compared to 130% for removal of the axis threat during WWII.

In a study by renowned Swedish think tank Timbro, it found U.S. GDP per capita was a whopping 32% higher than the EU average in 2000, and the gap hasn't closed since. It is so wide that if the U.S. economy had frozen in place at 2000 levels while Europe grew, the Continent would still require years to catch up. Ireland, which has lower tax burdens and fewer regulations than the rest of the EU, would be the first but only by 2005. Switzerland, not a member of the EU, and Britain would get there by 2010. But Germany and Spain would need until 2015, while Italy, Sweden and Portugal would have to wait until 2022.

US year on year (y/y) GDP is currently higher than at any point of the 1990’s.

US economy has grown 4.8% in the past year, as fast as any year in nearly two decades.

US Personal Consumption y/y is near the median point of the 1990’s.

The unemployment rate has fallen from 6.3 to 5.6 percent, below the average of the 1970s, 1980s and 1990s.

Employment over the last year was up in 41 of the 50 states, and the unemployment rate was down in 47 of the 50 states.

US Median Home Value since 2002 has been higher than at any time during the 1990’s and remains so.


TRADE DEFICIT

Import growth recently recorded a record high of 2.5% in 2004. Pacific trade is roughly half the deficit, China the largest at 30% of total. Western Europe at about 20%. Exports have also been setting repeated records in 2004, however. The demand for the cheap imports from the two mentioned nations has offset the benefits of the weak US Dollar to compound the deficit.

Dallas GEP 17:20 GMT November 2, 2004 Reply   
EUR/GBP will need to long to 6915/20 area in all probability to get the gbp shorts to work WELL OR we will have to have another round of USD buying which is possible (look at usd/chf level and usd/cad level)

Eilat Dolphin 17:18 GMT November 2, 2004 Reply   
TG/ Great. Where can I find those numbers on a clean chart, overlapping: personal income, personal debt, total taxes paid per house and those kind of things ?

Per month if possible, and 3D, like the Herzsprung-Russel diagram for stars.

Then we do the same for the Euroies ( with their particularities) and on a couple of thousand of daily candels, we get the real picture trend...

But then how come the biggest bank see total different pictures on the three, six and twelve months projections ?

Dallas GEP 17:18 GMT November 2, 2004 Reply   
FXNEW, this cable should go down, UNLIKE my wife!!! LOL

MEDAN FATGUY 17:14 GMT November 2, 2004 Reply   
LA Fxnew 17:11 GMT November 2, 2004

Agree

SanFrancisco TG 17:13 GMT November 2, 2004 Reply   
I would again urge anyone to read the factual economic data in my archive in the Financial Forum for a more clear, factual, and less anti-American and/or anti-Bush perspective of the US economy, oil, and financial markets compiled via international and domestic government and major private resources.

Reading fact which slams the face of the "anti-crowd" or "doom crowd" is good for a more concrete understanding of economics.

LA Fxnew 17:11 GMT November 2, 2004 Reply   
something is holding cable going down ..
i begin to doubt it will go down

SanFrancisco TG 17:06 GMT November 2, 2004 Reply   
Since 2000 and still raging since, the hype mongering of looming demise such as a credit bubble, housing bubble, stock bubble, double dip recession, and deficit bubble, have been on the podium. They must be so surprised to see that global stock markets and economies have continued to stagnate while those of the US soared, none of the bubbles has transpired, and the demand for US backed assets that spur the economy and in effect cover the debt remains strong depending on international conditions.

Regarding housing, the following would apply. Factoring that housing is a component of wealth not catastrophe, the high housing is aok unless you are on drugs, especially considering ...

* U.S. households saw their total net worth rise in Q4 2003 to a record $44.41 trillion.

Further the impact of 911, record loss of savings from corporate fraud which has been under prosecution since 2000, and the 1998 spawned recession have all compounded and even arguably been the culprits entirely give or take a few other issues.

PERSONAL INCOME Y/Y

Ranged between 3% and 8% throughout the 1990’s. A sharp decline from 8% down to 4.5% occurred during 1998 and 1999. After the year 2000 Personal Incomes shot up from the 4.5% level to set new highs of 9%. A deep trough occurred immediately following the 911 terror attack to just over a 1% rate, a clear indication of the devastating effect of the attack on the economy and personal incomes across the nation. Since 2002, Personal Income has seen an unwavering climb from the 1% low to just over 5%, an extremely healthy gain even in less pressured conditions

PERSONAL SAVINGS

Since peaking at 10% in 1992, the savings rate of Americans has steadily dropped without exception throughout the 1990’s, finally bottoming out at 2%. A sharp increase was seen in early 2001 up to 5%, but it was followed by a sharp drop immediately following the 911 terror attack to under 1%. Since the attack, the rate has fluctuated between the low and just under 4%.

Eilat Dolphin 17:04 GMT November 2, 2004 Reply   
iw 16:53/ Very interresting numbers. Thx.

gold coast martin 16:57 GMT November 2, 2004 Reply   
Stockholm AGuy 16:54 GMT November 2, 2004
FRANCESCO PADOVA 16:49 GMT:

Interesting. Why post in badly broken Italian on an English language forum?
BECAUSE HE SPEAKS GOOD BROKEN ENGLISH!!......

NewYork frankie 16:57 GMT November 2, 2004 Reply   
If the Cable breaks 1.8367 from the 5min triangle its stuck in right now we will be course for further action. Furthermore, once sales of eurgbp finish this will aid the dollar. Of course, as the results start to come in later, expect more $$$$ bullishness. HOLD ON to your $$$$longs. Tomorrow will be mega!

Haifa ac 16:57 GMT November 2, 2004 Reply   
Helsinki iw 16:53 GMT // Ed Seykota (Market WIzards smartest interviewee in my opinion) said: Writers Write. Traders Trade. There is ZERO correlation between the twain.

quito_ecuador_valdez 16:55 GMT November 2, 2004 Reply   
GA TJ 15:43 GMT November 2, 2004
You're right..we DO need to insert prolonged election results into the formula. Personally I feel a delayed result will hint at status quo to USD negitive for USD crosses...no one will want to wager big money unless the eventual outcome is sort of obvious..we'll have to wait for the news media to spread the butter. But then again if the $ bulls & bears can't battle it out, perhaps the other NON USD pairs will get volitility/activity in the meantime.

Another winter factor...investment portfolios are tired of lateral movement; I'd say the least excuse they could have for exiting US stocks on any form of small peak, such as a temporary USD retracement after election results ARE KNOWN soon would flip flop into a US stock selloff, index shorts etc. eventually weekening the demand for USD therefore weakening USD.

Stockholm AGuy 16:54 GMT November 2, 2004 Reply   
FRANCESCO PADOVA 16:49 GMT:

Interesting. Why post in badly broken Italian on an English language forum?

Helsinki iw 16:53 GMT November 2, 2004 Reply   
TG, saw this in a major economic publication, what´s your take?

The consumer continues to dig his own grave.

The economy grew at a 3.7% rate in the 3rd quarter. The number was a disappointment. Economists had hoped for more.

Most of the increase came from "accelerated consumer spending," which grew at a 4.6% rate. Consumer spending is about 70% of the total GDP.

What to make of it?

The typical economist looks at the number and says, "All is well. Consumers are spending. Greenspan is at the head of the Fed. And God is somewhere in Heaven."

But while consumers spending rose, their income remained about even with inflation. Where does the extra money come from?

Oh yes, their houses are going up in price.

Among the many mysteries of modern life, one is how houses can go up faster than the incomes of the people who live in them. In fact, the money they have available for housing is actually going down.

Among other things, energy costs are rising. The average household paid about $6,000 for energy in 2000. This year, it is expected to cost them between $8,000-$9,000.

Part of the reason for this increase is that they are using more energy. In the last few years - largely due to the Fed's extra-EZ credit - consumers have bought new, bigger cars...and new, bigger houses. In 1970, the average house measured 1500 square feet. Today, it is 2,230.

And today's house has many more electric devices. Computers. Alarm systems. Microwaves. Televisions.

Meanwhile the price of energy itself is on the rise.

"I wouldn't be surprised to see $100 or $200 for a barrel of oil in the next five to ten years," says Marc Faber. "It's not a projection. It's that I wouldn't be surprised."

Faber lives in Asia. He looks out his window and sees a huge uptake in the use of fossil fuels. He says, "We [in China] have a per capita consumption of oil of 1.7 barrels. In America it's 28 barrels, in South Korea 17 barrels, Japan 17 barrels, in India 0.7 barrels. In Vietnam it's probably also less than one barrel. So, in Asia with the population of 3.6 billion people, we consume less oil than the United States, with a population of 295 million.

"I would imagine that in Asia the demand will certainly double by comparison. Say Mexico has a per capita consumption of 7 barrels, Latin America 4.4 barrels. In Asia, as I said, it's anywhere around 1.5 barrels."

Asia is where the majority of the world's people live. It is also the region that has benefited most from Alan Greenspan's very stimulating credit policies. Making things for people who can't really pay for them is not a long-term success strategy. But in the short-run, it has caused a huge boom in Asian industry and put trillions of dollars in Asian hands. As long as oil is priced in dollars, Asians can buy a lot of it.

Like gold, oil took billions of years for the earth to make. Nor is it an easy matter to get the earth's oil into barrels. And unlike gold, the oil that comes to the surface is used up quickly. When it is gone, it is gone for good.

Dollars, on the other hand, are neither mined nor pumped. They are printed. Sometimes, they are merely noted - electronically. Add a zero, at virtually no cost, and you have increased the number of dollars ten times. As time goes by, the consumer will need more oil and want more gold. What he will probably have - and have in abundance - is more dollars.

As Ray Dalio puts it: "An abundance of dollars and a shortage of oil is a dangerous combination."

LA Fxnew 16:53 GMT November 2, 2004 Reply   
it seems 60 is hard to print on cable .. $$$$.. come on cable

Tokyo IM 16:49 GMT November 2, 2004 Reply   
Gnight all, I am off for a sleep. Still keeping my Cable short. Trail 40 behind.

FRANCESCO PADOVA 16:49 GMT November 2, 2004 Reply   
I miei predicazioni sono in questo momemto falsi. Ma noi sappiamo che tutte le predicazioni devono avere il tempo.

I apologise you that EUR/USD isn t 1,2900 now, but we wait!

Dallas GEP 16:46 GMT November 2, 2004 Reply   
GBP/USD when it prints and IF it prints 1.8360, it will accelerate SHORT

Dallas GEP 16:44 GMT November 2, 2004 Reply   
FXNEW....that would be 1.8336 initial

SanFrancisco TG 16:44 GMT November 2, 2004 Reply   
Thanks very much LG. A major financial publication is somewhat interested in producing a slightly condensed version of what I have written, but with all the "hard hitting truth about US economics" intact.

I would urge any forumites here to pull up my Financial Forum Archive and you get some solid Oil, Financial Market, and Economic summaries for free. The kind of stuff that isnt widely publicized.

Halifax CB 16:42 GMT November 2, 2004 Reply   
Whoops, I meant 106.05 for JPY, not 106.5 Asleep at the wheel...
George - point taken, cheers :).

Pecs Andras 16:40 GMT November 2, 2004 Reply   
Guys
What is keeping AUD and NDZ so bid? Gold is down, EUR is down...

LA Fxnew 16:39 GMT November 2, 2004 Reply   
gep what is your target on cable short?

Dallas GEP 16:37 GMT November 2, 2004 Reply   
George that is because of the crosses. EUR/GBP been main player up to this point in time. CHF crosses have also been at play.

George New York 16:33 GMT November 2, 2004 Reply   
Ok, Halifax, I mean that is difficult day to trade because the different pairs are moving in the oposite direction,...But it is very quiet day, for now

eur lg 16:32 GMT November 2, 2004 Reply   
TG Impressive, and I've barely scratched the surface.

Dallas GEP 16:31 GMT November 2, 2004 Reply   
Limited out on eur/usd shorts @ 1.2685. POUND shorts SHOULD be next

Halifax CB 16:18 GMT November 2, 2004 Reply   
hmmm,usdjpy is beginning to look tempting, especially if it doesn't get to 106.5 .....

PAR 16:17 GMT November 2, 2004 Reply   
Looks like GBP traders are looking for a clear Bush victory and are aiming for 1.8500.

Dallas GEP 16:15 GMT November 2, 2004 Reply   
If usd/chf can break 1.2080/85 area to the upside, EURO shorts will accelerate down thru 1.2690 area

Dallas GEP 16:08 GMT November 2, 2004 Reply   
eur/gbp shorts again in play

SanFrancisco TG 16:02 GMT November 2, 2004 Reply   
lg - If you wish to see much more such data see my archive in the Financial Forum.

Dallas GEP 15:57 GMT November 2, 2004 Reply   
DOW is up +61

SanFrancisco TG 15:50 GMT November 2, 2004 Reply   
lg - Thanks. My view is as long as the FED agenda is to lower the USD, it will be lower even if it adjusts up some, so true economic gains take second stage and only serve as volatility.

Bahrain Within 10 Pips 15:46 GMT November 2, 2004 Reply   
Dow in the election
http://www.geocities.com/kalzayani/DowInElection.gif

GA TJ 15:43 GMT November 2, 2004 Reply   
Heres the info on the Pres Election for those expecting to make trades based upon the outcome. In Pennsylvania the final average of the Major Polling Companies has Kerry with a 0.9% edge. Thats not much and obviously within the margin of error. There are an estimated 2000 votes already entered in the machines in PA before the Polls even opened. Can you say illegal vote tampering? 2000 votes out of millions may not sound like much so I suggest we take a look at a little history. In the last Pres Election Florida, New Mexico and think 2 other states were decided by less than 1000 votes.

This situation is screaming for a court case if PA is the deciding state which could easily happen. So IMO we need to form an opinion as to what happens to the dollar in the event of prolonged court challenges.

Halifax CB 15:43 GMT November 2, 2004 Reply   
George it's a pretty easy day to trade if you realize that most Americans are looking forward to the end of the recent uncertainty, and that despite all the c*r*a*p that has been laid at their doorstep, the country is still functioning better than most. So the Dow is up, Nas is up, S&P is up, oil is down, the buck is up. Tomorrow and after we can worry about the hangover, but for now it's just best to enjoy the party (though I have closed my long $ positions :)

Dublin Flip 15:40 GMT November 2, 2004 Reply   
The loss of manufacturing jobs is similar everywhere including and worse in China BTW. It's called productivty through technological advances. That we are employing less in manufacturing is just evolution. We have less hair and stand more upright these days (well some of do)_LOL

eur lg 15:37 GMT November 2, 2004 Reply   
TG great posts. The question running circles in my mind is how long the asset allocators go with the spoken word vs the numbers ? I had a conversation with a hedge fund guy this mng. He's long eur (short usd) from 1.2500. Why ? bcs the authorities say so and thats good enough for him. I simplify a bit here but the essence is there. Maybe he's representative of the whole or maybe not, but my experience has been when theres this kind of complacency things tend to get bumpy........

Dublin Flip 15:37 GMT November 2, 2004 Reply   
tg US may have lost a few sweat shop workers in 1998 but the overall NFP result was more than a 3mio jobs made.
I think they call that an evolution (and education) of the workforce.

Dallas GEP 15:35 GMT November 2, 2004 Reply   
Well LONDON unless I have timezones screwed up closes is less than 30 minutes. I would look for some USD gains at LEAST up to that point in time probably due to squaring out.

Halifax CB 15:34 GMT November 2, 2004 Reply   
Tokyo IM - Guess that makes you the greater mind! Cheers;

George New York 15:32 GMT November 2, 2004 Reply   
It is very difficult day to trade, DJ and Nasdaq and S&P plus, I am sure, that the dolar must go much more down. 1,8400-1,8450. Ok, ....

SanFrancisco TG 15:28 GMT November 2, 2004 Reply   
Last piece of hard economic employment data many people dont have time to track, and further confirmation of "weak dollar policy" driving the weak Usd and not "weak economy" since the economy is factually strong.

MANUFACTURING PAYROLLS

In 1998, payroll growth plunged to a level (-190k) not seen before or since. This is a fact not discussed in mainstream media. Manufacturing payroll growth since 2000 has been higher than the lows of 1998. This cycle likely coincided with the dot-com bubble burst. In 2000 average growth was only approximately 40k below average 1990’s highs, a respectable reclamation. Immediately following the 911 terror attack, average payrolls plunged dramatically in a virtual straight line to (-125k) , but never reached the 1998 lows. Since 2000 average manufacturing payrolls have gained at almost the pace of the dramatic loss of 2001, and currently reside at almost the same levels (10k) of 1999/2000. Considering the virtual straight line up of average gains from dramatic lows, a phenomenon not once seen in all of the 1990’s, the gains are phenomenal despite the fact they are less than what would be considered strong under normal circumstances that had no dramatic drop off. Contrary to what has been advertised, the figures demonstrate the rebound has been of phenomenal historic proportion when considering the depth of lows related to the terror attack, and that actual losses still did not reach the 1998 lows.

Dallas Mauricio 15:26 GMT November 2, 2004 Reply   
Short Cable @ 1.8373

GA TJ 15:24 GMT November 2, 2004 Reply   
This is going to be crazy. See http://drudgereport.com/

VOTES FOUND ON MACHINES IN PHILLY, BEFORE POLLS OPEN.

The Ghost of Voters Past obviously went to vote in the middle of the night.


BTW - Closed Long Cable Trade.

Tokyo IM 15:23 GMT November 2, 2004 Reply   
Well right on time, cable start a little down.

houston st 15:21 GMT November 2, 2004 Reply   
A noble spirit embiggens the smallest man...safe trading to all today.

Dallas Mauricio 15:14 GMT November 2, 2004 Reply   
Vote Quimby!!!

quito_ecuador_valdez 15:14 GMT November 2, 2004 Reply   
The electoral college...why even have it? Popular vote is what democracy is all about..not censureship by some band of proxies such as elec.college. FX important? YES. I'd bet popular vote this time will be like last time...opposite the election results...(Gore won by 1/2 million votes in 2000!) ...we may see hundreds of millions of really angry voters who in effect "won" but lost, & therefore an unpopular pres. 'til 2008...unrest..unsupport for exective branch decisions etc..not USD good.

Tokyo IM 15:11 GMT November 2, 2004 Reply   
Halifax CB 15:09 GMT November 2, 2004 //

I posted first LOL.

Halifax CB 15:09 GMT November 2, 2004 Reply   
Tokyo IM - Guess great minds think alike :)

Dallas Mauricio 15:08 GMT November 2, 2004 Reply   
I have not shorted Cable today. Currently long @ avg cost of 1.8393. Charts are not showing any reason to short.

LA Fxnew 15:00 GMT November 2, 2004
so everyone predict cable will drop soon?
but it looks like hard to go down

Dallas GEP 15:07 GMT November 2, 2004 Reply   
USD/CHF and USD/CAD's price levels indicate some USD buying is taking place at this time. Both those ccy's have broken thru minor resistance.

20 period 4 hour GBP/USD MA is now at 1.8342. I would expect that to be touched today

Sydney Alimin 15:07 GMT November 2, 2004 Reply   
that's it, took profit 50% on short usd/jpy and stop loss moved to BE

Halifax CB 15:07 GMT November 2, 2004 Reply   
Bahrain, that's obvious. Nader wins by a landslide.

Tokyo IM 15:06 GMT November 2, 2004 Reply   
Bahrain Within 10 Pips 15:04 GMT November 2, 2004 //
Nader won ??? LOL

Bahrain Within 10 Pips 15:06 GMT November 2, 2004 Reply   
If Bush Wins does this mean what I posted is bad trade?...Good Trade?
Anything...

Bahrain Within 10 Pips 15:04 GMT November 2, 2004 Reply   
If Eur goes up and Cable goes down within next 3 days..
What does that translate into the US Elections?

perrie como 15:04 GMT November 2, 2004 Reply   
sorry but seems no one here looking at interest rate differentials...

UK pays near the same rate the Australian dollar and the South African Rand pays..
between the majors is the Premium Queen...

but not trustable as most of islanders

Dallas GEP 15:01 GMT November 2, 2004 Reply   
Notice where Eur/gbp is and what the price levels are on gbp/usd and eur/usd. This is an indication that eur and gbp is being influenced LESS by eur/gbp at this time and are starting to short on their own.

Tokyo IM 15:01 GMT November 2, 2004 Reply   
EUR/USD = Fiber.

... Slow Stochastics and Candle Formation propose for the cable to start moving down IMHO.

LA Fxnew 15:00 GMT November 2, 2004 Reply   
so everyone predict cable will drop soon?
but it looks like hard to go down

Dallas Mauricio 15:00 GMT November 2, 2004 Reply   
What is "Fiber"?

Tokyo IM 14:54 GMT November 2, 2004
I watch Swissie,Fiber,Jappie and watch Cable and thinking "Why in the #$%^ it is still where it is!"

Tokyo IM 14:54 GMT November 2, 2004 Reply   
I watch Swissie,Fiber,Jappie and watch Cable and thinking "Why in the #$%^ it is still where it is!"

Dallas Mauricio 14:53 GMT November 2, 2004 Reply   
Can anyone say, "Short Squeeze"?!

Dallas GEP 14:47 GMT November 2, 2004
Question I am asking myself:::"If I am a London trader, would I want to leave my usd shorts open prior to US election results which MAY be know prior to my next session OPEN????"

Maybe you London guys can answer, but I would respond with a "HELLL NO, close them if I can "

Dallas GEP 14:47 GMT November 2, 2004 Reply   
Question I am asking myself:::"If I am a London trader, would I want to leave my usd shorts open prior to US election results which MAY be know prior to my next session OPEN????"

Maybe you London guys can answer, but I would respond with a "HELLL NO, close them if I can "

Tokyo IM 14:45 GMT November 2, 2004 Reply   
This cable move looks like a bull trap. I will not be surprised if it will not work thow.

Dallas GEP 14:43 GMT November 2, 2004 Reply   
BAhrain...not so strange eur/gbp longs COULD cause that although I believe the effect would be only temporary

Bahrain Within 10 Pips 14:41 GMT November 2, 2004 Reply   
Might see strange thing...No sure though..
Euro Up and Cable down

George New York 14:39 GMT November 2, 2004 Reply   
No, I am sure 1,8400-1,8450.

Dallas GEP 14:38 GMT November 2, 2004 Reply   
OK TG, I see your point.

Rivonia PipPirate 14:37 GMT November 2, 2004 Reply   
George New York 14:30 Georgie Porgie Puddin 'n pie kissed Her Majesty and made her fly?

Dallas GEP 14:36 GMT November 2, 2004 Reply   
YEP......I took a short much earlier on an account @ 1.2715

NewYork frankie 14:36 GMT November 2, 2004 Reply   
Don't be too surprised to see the Pound fall like a plumline on the 5 and 15 minute charts.

Bahrain Within 10 Pips 14:36 GMT November 2, 2004 Reply   
The wrost part of the mkt...is not lossing to it...
But when just stops...Knowing You will
Shorted cable here

Genoa nic 14:34 GMT November 2, 2004 Reply   
you welcome

TLN jack8 14:32 GMT November 2, 2004 Reply   
Gep did you sell eur too?

Dallas Mauricio 14:31 GMT November 2, 2004 Reply   
Thank you very much. Genoa nic

George New York 14:30 GMT November 2, 2004 Reply   
I told you that GBP/USD will be 1,8400 sooner then later,...1,8200. Prediction 1,8400-1,8450.

SanFrancisco TG 14:29 GMT November 2, 2004 Reply   
Probabilities favor a pull up even if a downside test of 1.2660 +/- occurs. Probabilities :)

Dallas GEP 14:26 GMT November 2, 2004 Reply   
TG my friend, EURO pulling up even with what???

SanFrancisco TG 14:24 GMT November 2, 2004 Reply   
For Euro to move under 1.2660 today/or Asia would be in the realms of considerable extension. Probabilities side with Euro pulling up even if a test of 1.2660 is done.

Dallas Mauricio 14:20 GMT November 2, 2004 Reply   
Dumb Question. Does the New York Forex Market open at the same time the New York stock market opens? TIA

Dallas GEP 14:17 GMT November 2, 2004 Reply   
IM, reality IS the feed. But it has no doubt gone longer than most expected.

quito_ecuador_valdez 14:15 GMT November 2, 2004 Reply   
MTL JP 13:25// --->>
Where can I find the calendar you found Redbood & Challenger data on? My 3 calendars dont mention those data. Evidently Redbook wasn't a weighty deal today given the mkt flatness per election day.

GA TJ 14:12 GMT November 2, 2004 Reply   
FWIW EURGBP has already crushed my the outer boundary of my expected Low Range so I don't know how much is left to the down side. Cable is now riding the first boundary of my expected high range. The outer boundary on the high side is 1.8417. So I think these moves are about played out. I am just trying to snag that extra 20 on Cable.

Tokyo IM 14:11 GMT November 2, 2004 Reply   
Why all of a sudden Sterling getting expencive ? Is it kind of out of touch with reality ?

quito_ecuador_valdez 14:08 GMT November 2, 2004 Reply   
San Francisco//Tks for the update. I'm with you..if folks don't want fact, T.S.. The USD, for the payoff benefit of the USA deficits, is being manipulated lower. It has to be..or "else" OBL's objective for breaking USA may come closer to reality. Again, USD devaluation is a temporary thing...come end of Q1 or in Q2 '05 you'll see a 2 year retrace, I'd say to € parity eventually, but some scoff at this.

Dallas GEP 14:06 GMT November 2, 2004 Reply   
To avoid any FFXXCCMM sillty stop hunting I am changing stops to 1.8411

Dallas GEP 14:05 GMT November 2, 2004 Reply   
For GBP/USD to break significantly above 1.8400, EUR/GBP will need to break support at 6904/06 and I do not think that will happen at this time. All IMO of course.

SanFrancisco TG 14:03 GMT November 2, 2004 Reply   
By the way I see 3 key AUD levels at the moment .. 7380, 7430, 7500.

quito_ecuador_valdez 14:01 GMT November 2, 2004 Reply   
€/£ is sure shorting...indicator is €/CHF. From the news I gather there is a good voter turnout...this slew of voters has patience for waiting hours in line to cast a vote. I'll be as interested in what % voters actually voted as in the election outcome. The Latino/American voters are predicted to have very good turnout.

SanFrancisco TG 14:01 GMT November 2, 2004 Reply   
Markets are slow. Here's some more economic fact for you Valdez. (I understand some people dont want me posting positive US economic fact but if they cant handle the truth that is there problem).

This further re-enforces the argument for a "weak dollar policy" not made of economic weakness.

NON-FARM PAYROLLS

Non-farm business productivity rose 9.4 percent annual rate in Q3 2003, the strongest pace in 20 years, or Q2 of 1983 more specifically. In 2001, prior to the 911 terror attack, average payroll growth was in the upper portion of the range of the 1990’s. Immediately after the attack the payrolls plunged to a rate below any seen in the 1990’s. Currently the rate is marginally within the upper range after a steady climb since 2002 and at almost the same rate of gain as the rate of loss immediately following the attack. The current 12month average rate of growth is just under 200k. Recent months saw actual payroll growth just under the highs of the 1990’s, reaching just under 400k. The impact of the 911 attack on payrolls is clear and substantial.

Texas(Jksn.) PNB 14:00 GMT November 2, 2004 Reply   
just got off from a nap. so eurusd still holding above 1.2690. bush just voted. good day everyone.

gl for your trades.

TIA:-)

GA TJ 13:58 GMT November 2, 2004 Reply   
Interesting. 3 post in succession calling for Cable to go up another 30 pips. Is it a vision or the kiss of death? Hmmmmm

Sydney Alimin 13:58 GMT November 2, 2004 Reply   
on a day like this, cable usually does weird stuffs and leads the pack to attack usd, better be careful

KL KL 13:54 GMT November 2, 2004 Reply   
gbpusd short covering and stop hunt can bring it to 1.8420.....imo I am setting traps at 7 11 17 23..... Big fish laughing at tiny fishes like us scrambling to cover or exit. It is so obvious that big boys know and getting ready to get us!!

GA TJ 13:48 GMT November 2, 2004 Reply   
FWIW... My stuff says that if Cable takes out 1.8390 then it has a good shot at 1.8417. Currently Long and ready to close if 1.8390 holds

Halifax CB 13:47 GMT November 2, 2004 Reply   
Re. GBPUSD - spikes to the 1.842 level wouldn't surprise me, in the ST. But I agree re the 1.834 first target area.

SanFrancisco TG 13:42 GMT November 2, 2004 Reply   
Valdez, maybe your 12:50 has some weight to it. Long time low inflation should help the Usd stay low, and we wont see inflation charge upward overnight under normal circumstances.

Dallas GEP 13:41 GMT November 2, 2004 Reply   
NOTE: If euro starts to short like I beleive it will THEN EUR/GBP could still short and gbp could also short at the same time

Indonesia-Solo Raden Mas 13:41 GMT November 2, 2004 Reply   
gbp/usd.. give me mesage about 1.8191 again.. after get top 1.8387..maybe too early if talking about 1.8191.

NewYork frankie 13:40 GMT November 2, 2004 Reply   
Gone short on Cable at this level. Stop at 1.8411. Tp below 1.83 Will trail this puppy with a 30 pip TS. I think this might be a big one with great risk reward potential. Btw, day of the dead in Mexico today. All currencies better watch out!

Dallas GEP 13:39 GMT November 2, 2004 Reply   
WEll CABLE should visit at least 1.8342 Today. WHEN eur/gbp stops shorting THEN that will signal to us that GBP may start it's trip down. That 1.8387 level Raden mentions is probably a short term top

Halifax CB 13:33 GMT November 2, 2004 Reply   
Uh-oh Raden....I just sold GBPUSD (as well as bough USDCAD). Wide stops on both; noted the flag formation on GBPUSD and the congestion in the 1.8380-90 region, and we are close to the ST rising support on $CAD. But good luck to you (at least after I get my profit :)

Tokyo IM 13:32 GMT November 2, 2004 Reply   
Just a quick question, is US awake already?

Tokyo IM 13:29 GMT November 2, 2004 Reply   
I think it is about the time for Cable to stop dreaming and drop from the skys

Sydney Alimin 13:28 GMT November 2, 2004 Reply   
party starts early maybe? short usd long yen :)
or is this just 'move backward 1 step before move forward 2 steps' by usd?

Indonesia-Solo Raden Mas 13:26 GMT November 2, 2004 Reply   
1.8387 have get. please exit your buy of gbp/usd now..
not good if be hold...danger !!.

Dallas GEP 13:25 GMT November 2, 2004 Reply   
Stops on EUR/USD shorts should be 1.2725

Ina co'z 13:25 GMT November 2, 2004 Reply   
IMO daily resistance for cable at 1.8533...GL/GT

Dallas GEP 13:22 GMT November 2, 2004 Reply   
Stops on GBP shorts 1.8407

Indonesia-Solo Raden Mas 13:22 GMT November 2, 2004 Reply   
I hope gbp/usd show me 1.8387 soon. I think 1.8387 is the top. be carefull from that level..maybe down to get 1.8258 !!

Tokyo IM 13:22 GMT November 2, 2004 Reply   
Also Yen is crying to comeback to it's favorit 110 -120.

KL KL 13:20 GMT November 2, 2004 Reply   
wow 3rd time now...I now respect her majesty...please show me some mercy!! snif snif!! time to have a break!!!

Sydney Alimin 13:18 GMT November 2, 2004 Reply   
well done usd/jpy short, need to tackle 106.20 now...will take 50% soon and stop will be moved to BE

Tokyo IM 13:17 GMT November 2, 2004 Reply   
As far as I am concirned I think that it does not matter who wins it will make US$ stronger.

Dallas GEP 13:14 GMT November 2, 2004 Reply   
1.8366 GBP shorts working now and also some at 1.8371

hk ab 13:13 GMT November 2, 2004 Reply   
eur/gbp impressive.

quito_ecuador_valdez 13:10 GMT November 2, 2004 Reply   
Tokyo// What do people in Japan feel about the 2 candidates i.e. if Bush wins or if Kerry wins in terms of FX value?

Tokyo IM 13:03 GMT November 2, 2004 Reply   
Fiber looks like someone put stone on it.

quito_ecuador_valdez 13:01 GMT November 2, 2004 Reply   
There's no US econ news today..here's tomorrow's:
USD USTreas.announceNov refndg(3s,5s,10s) 14:00
USD Dom.auto/truck Sls OCT 14:00 es=13.5M pr=14.3M
USD Weekly gas/oil inventories
USD Factry Orders SEP 14:00 es=0.50% pr=-0.10%
USD ISM Non-Manufac'g(OCT) 14:00 es=58.3 pr=56.7

Unless surprises, it's OK except est. auto sales down a bit.

Indonesia-solo Raden Mas 12:59 GMT November 2, 2004 Reply   
Stockholm AGuy 11:55 GMT November 2, 2004
also NYC
many thanks friends.. :-)

Sydney Alimin 12:58 GMT November 2, 2004 Reply   
arghh KL stop buying usd, i need it to go down LOL
my usd/jpy short is still looking ok, need to crack 106.40 first

Indonesia-solo Raden Mas 12:56 GMT November 2, 2004 Reply   
sell gbp/usd at 1.8368 for target 1.8340 with stp at 1.8380(bid number)..

KL KL 12:54 GMT November 2, 2004 Reply   
got some short gbpusd at 1.8368...not happy at this level it seems to me. that means some nice move down coming....we shall see with tight sl. mine now at 1.8376 - 8 pips.....USA...USA

quito_ecuador_valdez 12:50 GMT November 2, 2004 Reply   
SanFrancisco TG 12:38 GMT November 2, 2004
Agreed 100%..numbers dont' lie. The USD was & is to me OBVIOUSLY maniuplated rather than just falling where it may. If you compare U.S. econ to Europe as you stated, the yanks are way ahead in terms of employment & other factors. Because people in the U.S. are MAKING MONEY and have credit they consume voraciously, driving the trade deficit off the paper into oblivion, giving investors the "shakes", when in fact if the consumers hadn't have spent they way they did & the US econ were weaker, the T/D wouldn't be so durned high. To permit reduction in T/D, going along with what you posted, I see the USD going cheap for 4-6 months (maybe a bit longer & cheaper by far than now) to form a large double peak to retrace.. then AT THAT PEAK POINT retraceing for 2-2.5 years in a slow appreciation cycle about = to the depreciation cycle that started 2 years ago. Then flatish for 6 months to repeat the cycle.

Rivonia PipPirate 12:40 GMT November 2, 2004 Reply   
KL KL 12:37 E/G shorting

KL KL 12:40 GMT November 2, 2004 Reply   
out 1.8370 +2 nah nah...come up a bit more gbp....big hammer waiting

SanFrancisco TG 12:38 GMT November 2, 2004 Reply   
Here is a tidbit of hard economic fact for those interested in economic fact. Always good to consider economic fact and not just the little lines on the screen or slanted commentary. My position is the US is in vibrant economic shape and the weak USD is purely driven by the weak dollar policy aimed at curbing the deficit and stimulating expansion :

UNEMPLOYMENT CLAIMS
Claims are presently UNDER the highs of the mid to late 1990’s. This has occurred after the dramatic rise following the terror attack of 911, with average claims recording an almost straight line down to current levels since 2002 for both initial and continued claims. Immediately following the 911 terror attack, actual unemployment took a dramatic and almost straight line upward to approximately 5.8%. Between 2000 to 2003 the rate fluctuated between 6.4% and 5.6%. Entering 2004 the rate dropped strongly from the 6.4% area to the current rate of 5.4%. The current unemployment rates of Germany and France are almost 11% each.

*The number of American workers set an all-time high in 2003 of 138.5 million.

* Jobless claims are 10 percent below the average of the last 25 years..

KL KL 12:37 GMT November 2, 2004 Reply   
ok...gbpusd is looking juicier by the minute looking to pounce anything above 1.8374....ok in cannot wait last try for the day (just kidding)1.8372 short.

I am suprise eurusd like set in stone?? why

GA TJ 12:35 GMT November 2, 2004 Reply   
Halifax CB 12:12 GMT November 2, 2004
The first US polls are already in (from Dixville Notch NH, a lovely area)


Isn't that the city that has a strong track record of predicting the final winner?

EDINBURGH RP 12:35 GMT November 2, 2004 Reply   
Dont fret KL you are not the only one being confounded by GBP

Melbourne Qindex 12:33 GMT November 2, 2004 Reply   
Melbourne Qindex 12:32 GMT November 2, 2004
EUR/GBP : The neutral zone of my daily cycle is located at 0.6940 - 0.6953. A barrier is expected at 0.6929 - 0.6932 and a supporting level is positioning at 0.6910 - 0.6911.


Curve A : 0.6908* ... 0.6924* // 0.6932 - 0.6940* - 0.6949 - 0.6957* - 0.6965 - 0.6973* - 0.6981 // 0.6989* ...


Curve B : ... 0.6916* // 0.6929 - 0.6942* - 0.6955 - 0.6968* - 0.6981 // 0.6994* ...


Curve C : ... 0.6916* // 0.6925 - 0.6934* - 0.6944 - 0.6953* - 0.6963 - 0.6972* - 0.6981 // 0.6990* ...


KL KL 12:27 GMT November 2, 2004 Reply   
arrrgh hit 2nd time....licking wounds....need to stand back now for a few minutes#@$%[email protected]

Dallas Mauricio 12:13 GMT November 2, 2004 Reply   
Closed Cable long @ 1.8364 for a total of + 15 pips. Flat noe, market is in consolidation.

Halifax CB 12:12 GMT November 2, 2004 Reply   
The first US polls are already in (from Dixville Notch NH, a lovely area) showing Bush in a commanding lead, 16 votes to 7. Before Bush supporters get to thrilled though, note that this represents a switch of two voters from the GOP to the Dems over the last election. So it's still to tight a race for our decision desk.....(o.k, my last post re. politics...)

KL KL 12:10 GMT November 2, 2004 Reply   
arrrrgh got hit...ok reloading quickly short gbpusd 1.8366...

Melbourne Qindex 12:04 GMT November 2, 2004 Reply   
Melbourne Qindex 11:58 GMT November 2, 2004
EUR/GBP : In my Quarterly Cycle barriers are located at 0.6910, 0.6921, 0.6958, 0.6968 and 0.6991. In general curve A, curve B and curve C are required to fully describe the market movement at any time frame.

Melbourne Qindex 11:53 GMT November 2, 2004
EUR/GBP : My 44-day cycle charts indicate that the market is pulling towards 0.6906 which is the common factor for curve A, B and C. I also calll it the key quantized level and the market has a good chance reaching this target. A projected supporting barrier is locatd at 0.6923 - 0.6926.


Curve A : ... // 0.6906* - 0.6931 - 0.6955 - 0.6980 - 0.7005 // ...


Curve B : ... // 0.6906 - 0.6926 - 0.6945 - 0.6965 - 0.6984 // ...


Curve C : ... // 0.6906 - 0.6940 - 0.6974 - 0.7008 - 0.7042 // ...


Tallinn viies 12:02 GMT November 2, 2004 Reply   
good day
time to try short euro again.
sold euros at 1,2714.
target 1,2475 within a week.

Halifax CB 11:57 GMT November 2, 2004 Reply   
Morning all; Noticed some nice $CAD movement this a.m. Wonder if this is going to be a repatriate the USD day today? It looks like it's moved out of the 1.2170-1.2240 range for now, so we'll be looking to buy on dips (for now into the 1.2240's) and using the possible support line from yesterday to guide stops . Of course, this one has a nasty habit of rising just before a big plunge....GL/GT. And w/r to the election - may the best man win, though I guess even Kerry would be better than no decision at all :)

KL KL 11:55 GMT November 2, 2004 Reply   
out gbpusd short at 1.8337 +7...reshort 1.8352 must be quick to get the last pip

Stockholm AGuy 11:55 GMT November 2, 2004 Reply   
Indonesia-Solo Raden Mas 11:44 GMT: "what time will be announced about election result ?"

Nobody knows. Exit polls will probably be broadcast as soon as the voting's over, but projections indicate a very close result. If they are right (a very big if, considering all error sources) it may take up to several weeks to know who "won". Remember, last time it took 36 days.

NYC 11:54 GMT November 2, 2004 Reply   
Raden mas. There is no set time and polls close at different times in different states and there are time zone differences between the various regions. The closeness of the race makes it hard to tell when a winner might be announced. Much will depend on how tight state votes are and whether any of them are so close that they might be contested.

NYC 11:54 GMT November 2, 2004 Reply   
Raden mas. There is no set time and polls close at different time sin different states and nthere are time zone differences between the various regions. The closeness of the race makes it hard to tell when a winner might be annlunced. Much will depend on how tight state votes are and whether any of them are so close that they might be contested.

Dallas GEP 11:54 GMT November 2, 2004 Reply   
EUR/GBP shorts in play are what short euro while GBP is longing

Melbourne Qindex 11:53 GMT November 2, 2004 Reply   
EUR/GBP : Current Comment.  Register with Jay at [email protected] if you have no access to my page.

Indonesia-Solo Raden Mas 11:44 GMT November 2, 2004 Reply   
I hope get help from my friends here.
what time will be announced about election result ?
TIA

Dallas Mauricio 11:36 GMT November 2, 2004 Reply   
Just Woke up from long nap. What is Cable doing? TIA

Indonesia-Solo Raden Mas 11:36 GMT November 2, 2004 Reply   
gbp/jpy when at 195.14
will go to 194.51 for the first stage and 194.14 for the maximal stage.
caused by this..will make usd/jpy still difficult for up.The time for usd/jpy up strong after gbp/jpy touch 194.51 or 194.15..

Sydney Alimin 11:27 GMT November 2, 2004 Reply   
perrie como 10:52 GMT November 2, 2004

in that case, i personally hope kerry win :) go yen! so far so good

Melbourne Qindex 11:24 GMT November 2, 2004 Reply   
Melbourne Qindex 06:35 GMT November 2, 2004
GBP/USD : The current expected trading range from my 44-day cycle is 1.8212 - 1.8394. The following barriers are located within this range :-


... // 1.8212 - 1.8232 - 1.8248 - 1.8258 - 1.8272 - 1.8303 - 1.8313 - 1.8321 - 1.8331 - 1.8394 // ...

Melbourne Qindex 11:23 GMT November 2, 2004 Reply   
Sydney Alimin 06:36 GMT - GBP/USD : My weekly cycle charts indicates that 1.8345 and 1.8377 are projected barriers.

GA TJ 11:16 GMT November 2, 2004 Reply   
Kamensk Andy 10:52 GMT November 2, 2004
Good day to all participants...
Can anyone advise me at what time final result of the election

Around Midnight EST (NY Time) which I think will be 4:00 GMT.
We will have a good idea at that timne if there is a clear winner, if recounts will be needed, or if there will be legal challenges. I am going with the 2nd two.


KL KL 11:04 GMT November 2, 2004 Reply   
waited long enough short gbpusd 1.8344,

perrie como 10:52 GMT November 2, 2004 Reply   
2/11/2004
Iowa “political futures’ market has Kerry ahead

see www.politicalbetting.com

some calling strenght of yen (investica.uk) in case Kerry

g/l

Kamensk Andy 10:52 GMT November 2, 2004 Reply   
Good day to all participants...
Can anyone advise me at what time final result of the election would be published? Thanks in advance..

Plovdiv Gotin 10:50 GMT November 2, 2004 Reply   
Hi mates/ When shall we know election result?tia

Indonesia-Solo Raden Mas 10:50 GMT November 2, 2004 Reply   
eur/jpy must be get bottom 134.15 or 131.14..exactly bottom.pelase believe !!
for intraday trade.. please focuse at bottom target 134.22-134.15.lets see!!..

Gen dk 10:48 GMT November 2, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Ltn th 10:47 GMT November 2, 2004 Reply   
Alimin// I envisage largish end of intraday.
Unclear or dubious reports could be funn!

Indonesia-Solo Raden Mas 10:44 GMT November 2, 2004 Reply   
from TA. usd/cad must be get top at 2387 exactly top.
let see..

Sydney Alimin 10:32 GMT November 2, 2004 Reply   
Ltn th 10:22 GMT November 2, 2004

when you say small or large usd bullish, how small or large is it gonna be? is it something of intraday scale or is it something lasting for few days span?

Dallas GEP 10:29 GMT November 2, 2004 Reply   
some eur/gbp shorts in play so euro shorts will be "EASIER" for now than GBP shorts but both will be VERY SLOW for the time being

Ltn th 10:22 GMT November 2, 2004 Reply   

Following is not intended as political comment but purely as likely international market response.

election 3 scenarios. 1 bush clear win. 2 kerry clear win or 3 unclear and litigation.
Likely responses:
1 bush win. small s/t bullish USD then reverse.
2 kerry win large st bullish USD then correction but stronger USD.
3 unclear. bearish USD st, end result likely same as last time lt bearish mt lt unclear.

AS GEP said earlier 5 min momentum charts!

Surabaya Medallion 10:19 GMT November 2, 2004 Reply   
The down in oil price looks suspicious hence the EUR has taken the consequences. It must be the U.S election.

Dallas GEP 10:13 GMT November 2, 2004 Reply   
Pricing action now IMO will be VERY slow movements in the USD bulls direction`

KL KL 10:07 GMT November 2, 2004 Reply   
BTW ...where is UAE Oilman...is Ramadan taking a toll on him...we need some input on oil matters..where is this drop going to base? DOW & S&P?UAE Oilman can you hear me ? Over? Over?

Dallas GEP 10:06 GMT November 2, 2004 Reply   
ALIMIN, yes very possible. I am of the belief that after the elections no matter who wins, usd will be stronger against a;; currencies

JHB JW 10:04 GMT November 2, 2004 Reply   
KL KL, thanks for the reply, I use the platform second from the top on the left of thr page

Ldn 09:59 GMT November 2, 2004 Reply   
TJ Marta, senior currency strategist with RBC Capital Markets in New York, suggests that the dollar is "extremely undervalued" against several other major currencies, not only on the basis of fair-value, but also in terms of market positions, technical signals and developments in other asset markets such as gold.

He sees "the possibility of dollar-positive corrections of varying degrees against the euro, the pound, and the Australian and New Zealand dollars."

KL KL 09:58 GMT November 2, 2004 Reply   
JHB JW, believe it or not I don't really rely on charts or data feed in currency for my charting. I just use what the broker provided. Normally for stocks/currency I use Metastock9/GET. Data feed for online currency are really slow and crappy & I am not sure how reliable they are. Charting on online feed currency good only for some analysis during quiet time. In fact I am planning to terminate the data feed. What charting s/w do you use and who is your online data feed provider, any good? I may consider them?

btw should have waited before I covered my gbpusd shorts..never mind reshort at 1.8324 sl 8 above ....funny suddenly everything stop is it coffee break??

Sydney Alimin 09:54 GMT November 2, 2004 Reply   
Dallas GEP 09:44 GMT November 2, 2004

is it possible that the such a short term momentum turns out to be a good momentum till end of the week?

Gen dk 09:52 GMT November 2, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

gold coast martin 09:46 GMT November 2, 2004 Reply   
Haifa ac 09:33 GMT November 2, 2004
USA gets BUSH...IRAN gets BUNKER BUSTER....

Dallas GEP 09:44 GMT November 2, 2004 Reply   
IMO the closer we get to US, I would suggest that the very short term trend will be to LONG USD because some of these USD shorts WILL be squaring out

perrie como 09:37 GMT November 2, 2004 Reply   
E-Voting Tests Get Failing Grade
Testing standards created by the government are supposed to prevent bad voting systems from being used in elections. But the standards themselves are deeply flawed, which may explain why so many problems crop up. By Kim Zetter.

today on wired.com

Are we ready for another electoral mess

uh..

maybe better go fishing

KL KL 09:36 GMT November 2, 2004 Reply   
out gbpusd short +3 pips at 1.8324 phew nearly took me out on 1.8335...now need to rest to let heart recover to "ema" line...LOL

Dallas GEP 09:35 GMT November 2, 2004 Reply   
OK good job JAY and JOHN!!! Got euro shorts now drom 1.2717 and 1.2715 while GV was away STOP 1.2732 and target 1.2685

Haifa ac 09:33 GMT November 2, 2004 Reply   
Dollar taking out two days high in globex may be modicum good news for Bush!

Sydney Alimin 09:03 GMT November 2, 2004 Reply   
back from dinner, well done, usd/jpy short order got filled 106.68, another layer is waiting higher if we go there stop loss altogether is above 107.20

Dallas GEP 09:01 GMT November 2, 2004 Reply   
Closed EUR/USD longs @ +20 NOTE: London session IMO will see SOME usd SELLING early and THEN some USD buying in LATE session

JHB JW 08:58 GMT November 2, 2004 Reply   
KL KL which Charting package do you use?

perrie como 08:49 GMT November 2, 2004 Reply   
Raden Mass

ref you excellent position, even if I do consider It danger to hold trough elections, is seemingly showing Bush to win,
as most bets are showing...

http://britbets.bestbetting.com/Default.aspx?betting=US+U.S.+President+2004+-+Person&eventtype=0

Tokyo IM 08:48 GMT November 2, 2004 Reply   
KL KL, thanks for the answer. The difference is the minimum trade size that is about it. I am off for now see you all in the evening JST. GL

KL KL 08:45 GMT November 2, 2004 Reply   
Tokyo IM, no ..100,000 is that standard? what is the difference with mini lots...one can also make it to 100,000 by multiplying 10 times? Is there a limit??

btw out short at 1.8305 + 8. limit sell at 1.8327...only one eye in this fast, very fast moving day!!

Indonesia-Solo Raden Mas 08:42 GMT November 2, 2004 Reply   
gbp/usd when at 1.8316
1.8272 is for short term trade today. intraday trade 1.8216, middle term 1.8110 and long term 1.8052 or 1.7761

please hold your sell of gbp/usd !!..

perrie como 08:37 GMT November 2, 2004 Reply   
Would remind the forum that today on the plate forex the only valid indicator for sharp weekly moves is:

Kerry $ Up
Bush $ Down

if not problems as in 2000, this will set the thing to Jazz.

g/l

Indonesia-Solo Raden Mas 08:34 GMT November 2, 2004 Reply   
usd/chf, you can buy. chart must touch 1.2610 for long term 1.2610, middle must touch 1.2438. lets see..

Dallas GEP 08:32 GMT November 2, 2004 Reply   
That would be 1.2695 of course, Stop at 1.2671 TP @ 1.2730

Tokyo IM 08:30 GMT November 2, 2004 Reply   
KL KL, I forgot to ask you, are you trading mini-lots (10,000)?

KL KL 08:29 GMT November 2, 2004 Reply   
short again 1.8313...sl 10 above

Dallas GEP 08:25 GMT November 2, 2004 Reply   
IN @ 1.2595 LONG on EURO PURELY SPECULTIVE,

KL KL 08:25 GMT November 2, 2004 Reply   
out gbpusd short at 1.8307 +12.

Togliatti Ant 08:24 GMT November 2, 2004 Reply   
FrGuido, tks vm

Tokyo IM 08:22 GMT November 2, 2004 Reply   
KL KL, OK here is my humble view on a things around here. First of all Japan does not want Yen to bee too expensive since it exports a lot so MOF would like to see Yen in the area of 110 - 120. Second people here as always same but it is a bit more tight with the job market right now. Gov`t seem to satisfy some people but everyone scared about TAX rais in the near future (2 - 3 years). Gov`t pension is in troubles because we have more aged population then young people so it is hard to support them. Yuang people are not so enthusiastic about work (like everywhere I guess) so married couples with kids are rare due to a job security and no tax slack.

That is about it in short.

Nokomis, Fl FrGuido 08:21 GMT November 2, 2004 Reply   
someone posted this spot site last week

http://www.igindex.co.uk/liveprices/liveprices_flash.html

Togliatti Ant 08:13 GMT November 2, 2004 Reply   
Frds, where can i see oil prices with no too much delay?

KL KL 08:09 GMT November 2, 2004 Reply   
Tokyo IM, then tell me how is the economy there...everybody upbeat, down beat, indifferent, or happy to have a job but fear the days ahead. What is your feel about the economy, govt. doing good job, yen higher going to kill export??

BTW short gbpusd 1.8319 sl 10 above...charts are back

sofia anmart 07:57 GMT November 2, 2004 Reply   
EUR/USD should be resisted at 1.2715 for a final decline to 1.2685 before rebound.

Tokyo IM 07:55 GMT November 2, 2004 Reply   
KL KL, I am from Tokyo for real no assamptions needed. Glad that I did not offend you. I do not trade Nikkie only FX.

Melbourne RTR 07:54 GMT November 2, 2004 Reply   
AUD seems to have bottomed for now

ICT ML 07:53 GMT November 2, 2004 Reply   
Andras....the Aud spike was real - tradable at that broker and showed on my charts...which prompted a phone call to the desk and they stood by their quote as legit (in their eyes anyway)....

I've noticed that Aud seems to be the one lately that they like to screw with the off market quotes on a lot for some reason.

KL KL 07:52 GMT November 2, 2004 Reply   
Tokyo IM , nothing offend me...only loss of pips...LOL. :)

U play the Nikkie?? what is your prognosis from Tokyo assuming you are from there...time to long??

btw my feeder for charts kaput...so no trading for me until they are up....#@%^%%$$

GER ad 07:49 GMT November 2, 2004 Reply   
Fear!
USD oversold again most currencies in record size; if through this small correction (that began yesterday in expectation that Kerry could win) some critical chart points will be breached we can see some small avalanche to 1.2690/60/30 ...(just to give an example).
GT & GL

Bahrain Within 10 Pips 07:46 GMT November 2, 2004 Reply   
NZ Long Here

sofia anmart 07:42 GMT November 2, 2004 Reply   
EUR/USD should make a bottom at 1.2700 for 1.2770.

Tokyo IM 07:39 GMT November 2, 2004 Reply   
KL KL, I always admired the way you trade. I did not mean to offend you if that is the case. Keep up good work.

KL KL 07:39 GMT November 2, 2004 Reply   
out gbpusd short 1.8304 ...+9 ...time to rest and put trades into diary

KL KL 07:36 GMT November 2, 2004 Reply   
Tokyo IM, Not really...playing like Ninja Warrior or like the Tigers of Kwangtung :o


btw out gbpusd 1.8313 +10 short here sl 10 above

Tokyo IM 07:30 GMT November 2, 2004 Reply   
Vrn mit 07:30 GMT November 2, 2004 // Based on what?

Vrn mit 07:30 GMT November 2, 2004 Reply   
Buy $$$ss

Tokyo IM 07:20 GMT November 2, 2004 Reply   
KL KL, like to play with raisor blades ? :)

KL KL 07:16 GMT November 2, 2004 Reply   
Quick question ..Those who trade DOW futures...did you have a spike to 10150+ of that sort between Sun and Mon (1 Nov)...just curious. Let me know what platform if you can

Wien GD 07:15 GMT November 2, 2004 Reply   
Pecs Andreas: several folks (f.e. GEP) had it as a high ... but it seems that it was only with ffxxccmm clients and not visible in the charts?!

KL KL 07:12 GMT November 2, 2004 Reply   
long gbpusd 1.8303 sl 10 below

Ltn th 07:05 GMT November 2, 2004 Reply   
How much of the USD strength in asia and europe due to increasing likelyhood that kerry may win? Will US react same?

Pecs Andras 06:59 GMT November 2, 2004 Reply   
Guys
My platform and charts show a spike up to 7511 on AUD at around 23:30 GMT last night.
Was that real? TIA

Dallas Mauricio 06:57 GMT November 2, 2004 Reply   
Same here.

Tokyo IM 06:55 GMT November 2, 2004
I am staying flat for now. FX looks very uncertain.



houston ken 06:57 GMT November 2, 2004 Reply   
Tokyo IM i agree with you the range are so thin i will save some capital

Tokyo IM 06:55 GMT November 2, 2004 Reply   
I am staying flat for now. FX looks very uncertain.

London 06:50 GMT November 2, 2004 Reply   
Nov. 2 (Bloomberg) -- The dollar may strengthen for a second day in Asia, trimming its drop against the euro in the past month, as traders reduce bets before the U.S. presidential election............. ``People are taking their dollar shorts off the table,'' Barclays Moore said. ``Nobody wants to make a big bet now'' before the election.

KL KL 06:49 GMT November 2, 2004 Reply   
in 1.8328 short, out 1.8320..using 1 minute now....+8 is good in a few secs...getting very very dangerous...I am taking whatever +ve pip on offer better than -ve. Flat now!! reshort higher

gold coast martin 06:43 GMT November 2, 2004 Reply   
sydney 06:38 GMT November 2, 2004
SYDNEY...someone used my handle as mentioned before.....please DO NOT mention my name in vain....

Dallas Mauricio 06:43 GMT November 2, 2004 Reply   
Closed Cable Long @ BE taking a nap.

sydney 06:38 GMT November 2, 2004 Reply   
hk grandpa 06:32 GMT November 2, 2004
Give it a break Gold Coast Martin aka hk grandpa..

London julie 06:38 GMT November 2, 2004 Reply   
http://hedgefundmgr.blogspot.com has an interesting political odds board...with real money on the line...taking all polls into account...its moving...check it out!!

Sydney Alimin 06:36 GMT November 2, 2004 Reply   
Melbourne Qindex 06:35 GMT November 2, 2004

Dr Q, that's a big jump compared to other levels from 1.8331 to 1.8394

Melbourne Qindex 06:35 GMT November 2, 2004 Reply   
Melbourne Qindex 06:35 GMT November 2, 2004
GBP/USD : The current expected trading range from my 44-day cycle is 1.8212 - 1.8394. The following barriers are located within this range :-


... // 1.8212 - 1.8232 - 1.8248 - 1.8258 - 1.8272 - 1.8303 - 1.8313 - 1.8321 - 1.8331 - 1.8394 // ...

hk grandpa 06:32 GMT November 2, 2004 Reply   
hk mom 06:27 GMT November 2, 2004
Confucius say "womans place is at home,not forex'..

Sydney Alimin 06:30 GMT November 2, 2004 Reply   
very tempted to short usd/jpy here, been waiting for 106.60-107.20 level but looks like it is struggling to get there or perhaps it is just a trap for people like me to suddenly jump above 107.50

hk mom 06:27 GMT November 2, 2004 Reply   
RF, I for one will sell the hack usd-------------at the right time.

Dallas Mauricio 06:22 GMT November 2, 2004 Reply   
Covered Cable Short @ 1.8324 for +17 pips. Long @ 1.8324

KL KL 06:13 GMT November 2, 2004 Reply   
LA Fxnew, yes long now. my risk is 8-10 pips and you are right ...this is the best way to trade during such choppy times.
Out now from 1.8324 at +1 pip gain...my strategy is never let an initial +ve trade turn to loss...

Los Angeles ss 06:12 GMT November 2, 2004 Reply   
Raden -- I for one would really welcome that! As you say, "Let's go!"

Melbourne Qindex 06:10 GMT November 2, 2004 Reply   
USD/JPY : As shown in my daily cycle charts the market is moving within the neutral zone in a random manner.

Melbourne Qindex 23:37 GMT November 1, 2004
USD/JPY : The key quantized level of my daily cycle is located at 106.01 and the neutral zone is 106.32 - 106.53. .................

Indonesia-Solo Raden Mas 06:10 GMT November 2, 2004 Reply   
gbp/usd short trem is welcome to 1.8272..!!

Dallas Mauricio 06:09 GMT November 2, 2004 Reply   
Good Day everyone & GL. Short Cable from yest @ 1.8341.

Los Angeles ss 06:08 GMT November 2, 2004 Reply   
Fxnew -- I have a feeling cable is going to retest 1.8280 this coming session. In any event, the Asian session has been in such a tight range that a break either way will be a good indiction of the short term trend. Who knows what impact the exit polling will have during the US session tomorrow but it may be good for some volatilty for intraday trades.

Los Angeles ss 06:04 GMT November 2, 2004 Reply   
KL -- during the Asian session, in addition to technical indicators, I have found that by watching the 1 minute chart with 10/20 weighted moving averages, stair stepping up and down along these averages and being alert for mini double/triple bottoms/tops is a really good indicator of direction. FWIW.

LA Fxnew 06:03 GMT November 2, 2004 Reply   
ur strategy is wierd and risky

LA Fxnew 06:02 GMT November 2, 2004 Reply   
KL :

ur into long again in cable?

KL KL 05:59 GMT November 2, 2004 Reply   
earlier short got hit short again at 1.8340 cover and SAR 1.8324 long. -8 + 16 = still +8...hope fully this goes right this time

LA Fxnew 05:56 GMT November 2, 2004 Reply   
everybody is sleeping already?
or still watching this boring market?

Need a view on cable pls :)

Sydney Alimin 05:02 GMT November 2, 2004 Reply   
Bahrain Within 10 Pips 04:31 GMT November 2, 2004

that's not selling yen mate, that's long yen and short dollar

KL KL 04:39 GMT November 2, 2004 Reply   
Sydney Ge11Ja, ha ha ha now that's what I call Pure LUCK... in pips term is really really chicken feed....oh well gl gt for you today!!

Tokyo IM 04:35 GMT November 2, 2004 Reply   
Thanks 10 pips.

For people who is interested in monitoring US elections online can visit this page. It is still not updated cause elections did not start yet.

http://www.cnn.com/ELECTION/2004/pages/results/president/

Bahrain Within 10 Pips 04:32 GMT November 2, 2004 Reply   
105.45

HK [email protected] 04:32 GMT November 2, 2004 Reply   
Every Banana Republic could be proud of what will happen in the US after this election !!! But no worry, it is the power of democracy to go on during such crisis.

Bahrain Within 10 Pips 04:31 GMT November 2, 2004 Reply   
I Just might short Yen Now

Bahrain Within 10 Pips 04:30 GMT November 2, 2004 Reply   
Yes Tokyo

Bahrain Within 10 Pips 04:29 GMT November 2, 2004 Reply   
Buying Cable 1.8275
and aussie at .7422

Tokyo IM 04:28 GMT November 2, 2004 Reply   
Bahrain Within 10 Pips, what is your target for Yen short ?

Sydney Ge11Ja 04:26 GMT November 2, 2004 Reply   
KL KL 23:24 GMT November 1, 2004
out gbpusd short at 1.8327 from 1.8344 +17 is good start on a new day and Melbourne Cup day in Australia...anyone here punting....What GEP say may be correct throw out the TA these few days and may I add use momentum!!

MacabiDiva (not sure the spelling), Elstrom, Mummyfied...I think these 3 will be the few to lookout on a potential wet day. imho


KL you are a winner, Maykbe Diva wins the cup second year in a row

Bahrain Within 10 Pips 04:23 GMT November 2, 2004 Reply   
Selling yen soon
Buying Euro 1.2694

Los Angeles ss 04:22 GMT November 2, 2004 Reply   
Greetings Raden! And how do you see cable?

gold coast martin 04:20 GMT November 2, 2004 Reply   
gold coast martin 06:03 GMT November 1, 2004
..a key factor affecting the market short term is NOT who wins but WHEN they win....g/t

Until when is decided stay flat...g/t

GA TJ 04:20 GMT November 2, 2004 Reply   
london 04:03 GMT November 2, 2004
Decisive win by either Kerry or Bush

I would be surprised if this thing is settled tomorrow. There are about 8 Battle Ground States that polls indicate a margin of less than 2%. Depending on the Electoral College votes, if 1 or 2 of those states end up with less than 1% margin of victory you can expect court battles. My WAG is a decision around December 1st.

Indonesia-Solo Raden Mas 04:17 GMT November 2, 2004 Reply   
hello all !!
I inform you that eur/usd will get 1.2678 for intraday trade.
keep sell now until get there and try cut switch there,
I think 1.2678 must be get.
I am sorry use word "must"..only my optimistic statement.

SIN Oski 04:16 GMT November 2, 2004 Reply   
USD/JPY jumped on the China news... yuan policy is unchanged and PBOC wil crack down on speculative fx inflow which could hit bop.. GL

HK [email protected] 04:11 GMT November 2, 2004 Reply   

Some Media words for today

*************UNCERTAINTY*********
"It seems anything is expected in this election as we're already seeing
armies of lawyers ready to fight results before voting has even started.
**************CERTAINTY*************
1. Both Bush and Kerry are reckless on fiscal affairs;
2. Senior government and Fed officials want a weaker dollar to help with the trade deficit;
3. The War-on-Terror is a national policy akin to that implemented for the Cold War - it will not change unless the likes of Dennis Kucinich is elected, which means the fight will continue to be taken to the enemy;
4. America's unfunded liabilities cease to be mere bills of credit very soon as Baby Boomer entitlements start to strangle the economy;
5....

Lawyers and politicians have one thing in common: They are both big liars, and are forming an explosive mixture once placed together. Whatever will be the electons results....THEY ARE NOW ALREDY ON THE WAY TO COURT. In any case I do not see an easy resolution to the present US elections. The loosers will be the American people who will have to consume more junk foods to unwind their nerves and of course th USD!!!

KL KL 04:07 GMT November 2, 2004 Reply   
out gbpusd 1.8328 +9....sell again at 1.8327 sl 8 above

london 04:03 GMT November 2, 2004 Reply   
Decisive win by either Kerry or Bush would prompt aggressive short-covering USD rally as IMM futures show investors have bet heavily against USD in favor of CHF, EUR, AUD.

Halifax CB 04:03 GMT November 2, 2004 Reply   
LA - I think it was pretty much expected. The biggest action one would expect this time of night would be from Japan, but with tomorrow being the US elections followed by a holiday in Japan, I doubt anyone there wants to get caught holding much risk.

Tokyo IM 04:01 GMT November 2, 2004 Reply   
KL KL, what is your target (about) on Cable long ?

LA Fxnew 03:51 GMT November 2, 2004 Reply   
market is very thin today.. is this expected or was it like this before election?

hk ab 03:42 GMT November 2, 2004 Reply   
nt//hong kong nt 02:26 GMT October 29, 2004
seems China is helping Bush...


Do you think it is still the case after Mr. QianQiShen comment?

KL KL 03:41 GMT November 2, 2004 Reply   
in long gbpusd 1.8320

Philadelphia Caba 03:29 GMT November 2, 2004 Reply   
So, today I survived bounce back to 1.5330 on all my EUR/CHF shorts & still keeping for 1.5265 break. Good night >!

cebuy praetorian 03:23 GMT November 2, 2004 Reply   
good day traders!!!

sydney 03:03 GMT November 2, 2004 Reply   
Oil traders tip Kerry win, driving prices lower

KL KL 02:56 GMT November 2, 2004 Reply   
out short gbpusd from 1.8338 at 1.8327 +11 ...enough waiting ...time for food

Melbourne Qindex 02:50 GMT November 2, 2004 Reply   
AUD/USD : Anything below 0.7453 is not good.


Melbourne Qindex 08:03 GMT November 1, 2004
AUD/USD (Weekly Cycle) : The key quantized level of my weekly cycle is positioning at 0.7453 and the neutral zone is 0.7546 - 0.7580..................................

Melbourne Qindex 02:47 GMT November 2, 2004 Reply   
GBP/JPY : Current Comment.  Register with Jay at [email protected] if you have no access to my page.

Sydney EM 02:34 GMT November 2, 2004 Reply   
Australian Dollar May Decline as Drop in Oil Price Improves U.S. Growth
Freddie Mac, the second biggest provider of financing for U.S. residential mortgages, said ``significant'' revisions are still required before it can resume quarterly reports of its earnings.
bloomberg

Syd :-( 02:25 GMT November 2, 2004 Reply   
Key technical support for AUD is found at 0.7430/0.7435, with a break and close below here implying a move towards 0.7350, says NAB. On topside, price action towards 0.7500 confirms "without a doubt" that there is huge resistance there that so far has proven "too robust for market to handle."

Ldn 02:24 GMT November 2, 2004 Reply   
USD index looks higher near-term on bullish daily RSI divergence. USD made intraday low Monday at 84.68 as RSI based at 27.46 - below 30.00 definition of oversold territory

Sydney Alimin 02:03 GMT November 2, 2004 Reply   
usd/jpy looks heavy again, or is it too early to tell? anyway 106.60-107.20 area proves to be selling ground, the pair needs to overcome this soon if it wants to move higher, failure to do this for several session then i would expect it to go lower and lower

Melbourne Qindex 02:02 GMT November 2, 2004 Reply   
GBP/JPY : Current Comment.  Register with Jay at [email protected] if you have no access to my page.

Melbourne Qindex 01:45 GMT November 2, 2004 Reply   
nyc sa 01:39 GMT - GBP/JPY : I will post my analysis in my page within an hour.

nyc sa 01:44 GMT November 2, 2004 Reply   
I need a huge move down on eur/jpy anyone thinks sub 130 is in the cards ?

Melbourne Qindex 01:44 GMT November 2, 2004 Reply   
EUR/JPY : Current Comment.  Register with Jay at [email protected] if you have no access to my page.


Texas(Jksn.) PNB 01:40 GMT November 2, 2004 Reply   
good day to everyone. gl for your trades everyone today.

take care
TIA:-)

Mfld JM 01:39 GMT November 2, 2004 Reply   
Anybody have a new Pingu to smack around while gbp finishes painting itself into a corner?

nyc sa 01:39 GMT November 2, 2004 Reply   
Hi dr.Qindex, do u have a feel for GBP/JPY direction ?is it just consolidating here or going lower ? ur view plz, thnx.

Melbourne Qindex 01:38 GMT November 2, 2004 Reply   
LA Fxnew 01:28 GMT - Once we have determined the range of the neutral zone of GBP/JPY, we know the direction of GBP/USD. GBP/JPY is going to be very similar to EUR/JPY.

LA Fxnew 01:28 GMT November 2, 2004 Reply   
hi Qindex;
so basically right now ... dunt know the direction yet?

Melbourne Qindex 01:25 GMT November 2, 2004 Reply   
GBP/USD : the movement in Asian session will be dictated by GBP/JPY.

LA Fxnew 01:22 GMT November 2, 2004 Reply   
GEP:

what is your view or range for cable??
thanks

Syd 01:18 GMT November 2, 2004 Reply   
Dallas GEP :-)

Syd 01:17 GMT November 2, 2004 Reply   
:-)

Tokyo IM 01:16 GMT November 2, 2004 Reply   
GoOdMoRnInG.

wisconsin tim 01:15 GMT November 2, 2004 Reply   
Dallas GEP 00:53 GMT November 2, 2004
??? I don't trade Asia anymore.

Melbourne Qindex 01:10 GMT November 2, 2004 Reply   
EUR/JPY : Current Comment.  Register with Jay at [email protected] if you have no access to my page.

Dallas GEP 01:05 GMT November 2, 2004 Reply   
Yeah Valium, constructive post you gutless wonder.

knoxville dan-k 01:03 GMT November 2, 2004 Reply   
MaBy DaLlAs

Dallas Valium 00:57 GMT November 2, 2004 Reply   
IF I type SOME words in CAPITALS and others in LOWER-CASE maybe PEOPLE will THINK I know WHAT I'm TALKING about. MAYBE!

Dallas GEP 00:57 GMT November 2, 2004 Reply   
So basically short USD in ASIA and long it in LONDON

Dallas GEP 00:53 GMT November 2, 2004 Reply   
On the chart TIM, just posted the HIGHS on the USD Bull positions are MORE likely to occurr in ASIA, the HIGHS on the dollar BEAR posiotns are likely to occurr in LONDON

Melbourne Qindex 00:49 GMT November 2, 2004 Reply   
EUR/JPY : Current Comment.  Register with Jay at [email protected] if you have no access to my page.

wisconsin tim 00:44 GMT November 2, 2004 Reply   
Projections for 11/2/2004
Date Currency Close R1 Close S1
11/1/2004 AUDUSD 0.7505 0.7428
11/1/2004 EURGBP 0.6972 0.6941
11/1/2004 EURUSD 1.2822 1.2708
11/1/2004 EURYEN 136.12 135.20
11/1/2004 GBPUSD 1.8406 1.8269
11/1/2004 GBPYEN 195.57 194.23
11/1/2004 NDZUSD 0.6861 0.6792
11/1/2004 USDCAD 1.2256 1.2139
11/1/2004 USDCHF 1.2066 1.1930
11/1/2004 USDYEN 106.71 105.84

Dallas GEP 00:34 GMT November 2, 2004 Reply   
GD, yep that go outside market so often to get stops, this is the ONLY time I am aware of that it was favorable.

Rockford BDR 00:34 GMT November 2, 2004 Reply   
I got that AUD/USD spike too. Gave me 22pips. Wondered how that happened. Knocked me out of my limit in 1 sec.

Wien GD 00:30 GMT November 2, 2004 Reply   
GEP ... i also have that 7511 high on aud!
Although tradestations charts doesn't show it. Must have been a ffxxccmm gift.

KL KL 00:29 GMT November 2, 2004 Reply   
short gbpusd 1.8338...sl 10 above...let see again

Dallas GEP 00:26 GMT November 2, 2004 Reply   
OK MAXX will do THX!!!

YVR MAXXIM 00:25 GMT November 2, 2004 Reply   
Dallas GEP 00:19 GMT November 2, 2004
MAXX, that is a user group, I have no access

Maybe it's time to join the rest of the free loaders,you more then welcome to post any charts.
tc.maxx

Dallas GEP 00:23 GMT November 2, 2004 Reply   
Raton, just ask the other people to confirm then if it bothers you so much. I don't give a shitttt quite honestly. I can tell you it happened. I could care less whether you believe it or not.

NYC YIPPEE 00:22 GMT November 2, 2004 Reply   
YYYYYYAAAAAAAAWWWWWWWWWNNNNNNNNNNNN........................................

Syd 00:20 GMT November 2, 2004 Reply   
Boca Raton for fcuk sake

Dallas GEP 00:19 GMT November 2, 2004 Reply   
MAXX, that is a user group, I have no access

Santo Domingo tht 00:19 GMT November 2, 2004 Reply   
So it's actually 40+ points above the real mkt!!

Boca Raton 00:19 GMT November 2, 2004 Reply   
You were probably expecting it because I am one of the only ones here that can call you out. Why is it necessary for you to bullsshit more inexperienced people? Believe me pal, there are quite a few people that are on to your line. We all talk.

Sydney 00:19 GMT November 2, 2004 Reply   
EUR/USD is consolidating recent strength and should stay 1.2640-1.2840 next 24 hours. Any breach of 1.2840 opens up test of 1.2925 high made back on Feb 18. Above there signals the resumption of the overall uptrend. However EUR/USD is
susceptible to a reversal whilst below 1.2925 which may eventually target sub 117.60. Bail any long positions below 1.2640 ifr

Dallas GEP 00:17 GMT November 2, 2004 Reply   
Well Raton, I was expecting your POST!!!.....It filled and I am out.

KL KL 00:16 GMT November 2, 2004 Reply   
GEP, using price channel on 1min to 1 hour and also basing on last few hours price action. I also use candle & momentum a lot lately to see market psycho....bar also works fine. Lastly I am one who is happy with 1 pip gain these days....I am a loser LOL!!!!

As for your audusd fill can I have your broker....I may like them. I would have to set many traps on this type of broker. If you shorted there easy 40 pips. Let me have them ...I will teach them a few lessons and make me a few bucks. Mine have occasional amenesia when it comes to SL even on slow days ...just got to keep testing the trigger everyday....so end up as manual trading now.

BTW out gbpusd long from 1.8319 at 1.8335 +16 is also good!! Wait to strike again..wait to reshort higher

Santo Domingo tht 00:15 GMT November 2, 2004 Reply   
GEP.. check the one min charts on AUD/USD with their feed, it's a 50 point move in a min, weird.

Boca Raton 00:15 GMT November 2, 2004 Reply   
Girls,

The high Aussie is right here at 7463. Sorry to burst your bubble, but outside of fantasyland, thats the high.

Dallas GEP 00:12 GMT November 2, 2004 Reply   
Well I am glad you guys saw it too......I had someone PM me and asked if I saw spike and next thing I know I look down at my open positions and it had been taken and was up 30 pips already.

knoxville dan-k 00:06 GMT November 2, 2004 Reply   
great fill !!

YVR MAXXIM 00:06 GMT November 2, 2004 Reply   
GEP this works for me! gbp-usd chart.

http://www.msnusers.com/FOREX2003/msgattachments/319

gt maxx z.

Dallas GEP 00:06 GMT November 2, 2004 Reply   
probably not best to leave that AUSSIE possie open if you know what I mean

Dallas GEP 00:05 GMT November 2, 2004 Reply   
DAN, no I am talking about at 18:40 today. Just closed AUD/USD short at +30 @ .7465. I guess they owed me ONE!!! LOL

Syd 00:03 GMT November 2, 2004 Reply   
Dallas GEP it may have happened when they changed prices
seen it happen sometimes

Melbourne Qindex 00:01 GMT November 2, 2004 Reply   
USD/JPY : the market is now trading in the neutral zone of my daily cycle.

knoxville dan-k 00:01 GMT November 2, 2004 Reply   
yep 7507 high aud/usd 10-27

 




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