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Forex Forum Archive for 11/11/2004

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BEIRUT MK 23:57 GMT November 11, 2004 Reply   
put stop on short usdcad at 75

Dallas GEP 23:54 GMT November 11, 2004 Reply   
Closed +17 pips on GBP/USD short

Syd 23:52 GMT November 11, 2004 Reply   
Quite weak numbers out of Japan Jul-Sep Real GDP +0.1% On Qtr; Mkt Expected +0.5%

Hong Kong Qindex 23:50 GMT November 11, 2004 Reply   
AUD/USD : Current Comment.  Register with Jay at [email protected] if you have no access to my page.

london 23:46 GMT November 11, 2004 Reply   
NEW YORK (AP)--European nations need to think more seriously about how terrorism affects them, even in far-off places like Afghanistan, the North Atlantic Treaty Organization's secretary-general said Thursday. Jaap de Hoop Scheffer told the Council on Foreign Relations in New York that the European way of thinking hadn't caught up with the U.S. perspective that was crystallized after the Sept. 11, 2001, attacks. "In Europe, we still have complicated discussions, be it in the European Union or be it national discussions, of how far governments could go in the relationship with their citizens in the fight against terrorism," he said. "I think Europe should catch up here, not the United States." De Hoop Scheffer wouldn't elaborate, but said the so-called "perception gap" was one reason that relations between NATO allies had been strained in recent years.
Europe has been hit by its own attacks, the most severe being the bombing of a commuter train in Madrid last March that killed 191 people. De Hoop Scheffer cited the Nov. 2 killing of Dutch filmmaker Theo van Gogh, allegedly by an Islamic extremist, as evidence of terrorism's spread to places once believed safe. "For me, it's proof that we have to discuss these problems, I think, more seriously than we have done," he said. "If the gap is to be bridged (with the U.S.), it has to be done from the European side and not from the United States," he told The New York Times in an interview published Thursday on its Web site. Changing that attitude could help bring the U.S. and European countries closer together, and NATO should do its part, he said.OnWednesday, de Hoop Scheffer met with U.S. President George W. Bush in Washington, the first foreign visitor to the White House since Bush won re-election. Formerly the Dutch foreign minister, he had gained the favor of Washington when his government backed the U.S.-led Iraq war but avoided antagonizing European opponents. "You can look into the rearview mirror as many times as you like and say we had a fundamental split...in the run-up to the Iraq war about its legitimacy," he said. "But where we have to agree is that Iraq now going up in flames, becoming a failed state in a pivotal region, is in nobody's interest."

Dallas GEP 23:33 GMT November 11, 2004 Reply   
GBP/USD short @ 1.8440 looking for 1.8420

tk jf 23:32 GMT November 11, 2004 Reply   
geda - np its quite easy

London Geda 23:29 GMT November 11, 2004 Reply   
tk jf,, just sent an email to Jay,,,

Syd 23:25 GMT November 11, 2004 Reply   
Move by several HK banks to cut benchmark rates defies Fed hike

tk jf 23:23 GMT November 11, 2004 Reply   
London Geda 23:21 GMT November 11, 2004
email me via jay

London Geda 23:21 GMT November 11, 2004 Reply   
Hii i am looking for a good FX broker, who would allow me to trade exotic options (Basically options with single and double barriers), and would accpet midium sized account,,,
i would preffer a broker here in London, but i would wellcome any suggestion.
Thanks in advamce for helping me out,,,

p.s. I tried censored andthey said they only deal with institutional clients when it comes to exotic options!

Tokyo IM 23:19 GMT November 11, 2004 Reply   
Japan 3Q real GDP expected up 0.5% on-quarter, or 2.0% on-year, in what would be sixth straight quarter of growth, according to Dow Jones/Nikkei poll. Would also be improvement from 1.3% annualized expansion in 2Q , due to strong domestic demand, though external demand likely weighed on overall GDP for first time in two years as exports slowed, imports surged. Data due 0850.

BEIRUT MK 23:17 GMT November 11, 2004 Reply   
short usdcad at 50 target 20

london 23:12 GMT November 11, 2004 Reply   
General view in market remains the ECB would be very unlikely to intervene to curb EUR, but chatter on matter is growing louder, providing some support to USD: German Economics Minister Clement pitched into debate, saying EUR rise vs EUR "can't be looked at without concern"ECB Vice President Papademos earlier said "we don't welcome excessive volatility. We don't welcome disorderly movements." That, coming on top of weak German 3Q GDP, may put some near-term brakes on EUR says JP Morgan

Dallas GEP 23:09 GMT November 11, 2004 Reply   
Well MAYBE....Looking to possible short GBP/USD

Dallas GEP 23:08 GMT November 11, 2004 Reply   
OUT at BE on CAD...usd being sold now

Sydney Ge11Ja 23:03 GMT November 11, 2004 Reply   
at the risk of sounding like a scratched record - euro gdp pathetic due to export issue arising from strong euro, japan 1st half fy current a/c surplus a record in spite of yen at 105. No surprises where I think eur/yen going (oh and throw in the fact oil going to 40$)

Syd 22:56 GMT November 11, 2004 Reply   
Could you enlighten a little further cheers.

HK REVDAX 21:58 GMT November 11, 2004
Tomorrow's Special(Nov 12)...exactly...Stay SHORT on Euro/$.

london 22:54 GMT November 11, 2004 Reply   
Have feeling a lot of short Dollar positions may be pared today
with the meeting at the weekend , and positioning at extreme levels , any unpredictable statement could cause USD to strengthen quite rapidly , the CBs are going to be pressing the US for some kind of assistance.

Dallas GEP 22:40 GMT November 11, 2004 Reply   
In on usd/cad long @ 1.1960

london 22:21 GMT November 11, 2004 Reply   
U.S. Treasury Secretary John Snow is expected to tell his European counterparts that there are no changes in the Bush administration's strong-dollar policy when he visits the U.K., Germany and two other countries starting Sunday.

But European and Japanese officials remain strongly concerned. Commenting on the euro's recent surge, European Central Bank Vice President Lucas D. Papademos said Thursday in Japan that the bank does not welcome strong volatility and unreasoned developments in the market. Hiroshi Watanabe, Japanese vice finance minister for international affairs, vowed the same day to "take determined action when necessary," suggesting that Japan would not hesitate to intervene in the market again.

Texas(Jksn.) PNB 22:17 GMT November 11, 2004 Reply   
Hello everyone. So one more friday to bear for all of us.
gl everyone. GEP if you are there, hello and gl.

TIA:-)

quito_ecuador_valdez 22:06 GMT November 11, 2004 Reply   
$ure is a lot of pro-U$D flot$om on the beach, after only day$ before it wa$ put in the tra$h barrel. My oh my how thing$ change when Trichet & Co. even mention the word intervene... I won't fire 'till I see the white$f the bull'$ eye$. I'm still Johnny Holmes long on € 'til I see otherwise.

San Diego DC 22:02 GMT November 11, 2004 Reply   
EUR/$
My 2 cents on this is the area 1.2918 to 1.2892 is a re-accumulation pattern, I am staying long (from 1.2867) until it reverses

HK REVDAX 21:58 GMT November 11, 2004 Reply   
Tomorrow's Special(Nov 12)...exactly...Stay SHORT on Euro/$.

london 21:57 GMT November 11, 2004 Reply   
voices appear to be getting more widespread.

Japan's top financial diplomat said on Thursday that recent currency movements rapid and that Japanese authorities would take measures in the foreign exchange market as needed.

European Central Bank Vice President Lucas Papademos said on Thursday he did not welcome excess volatility in foreign exchange rates and that inflationary pressures in the euro zone were still under control.

BoE chief dollar weakness debate Weds., saying he doesn't welcome large changes in fx rates

Santo Domingo tht 21:57 GMT November 11, 2004 Reply   
Bruce Kovner was a taxi driver, he's doing reasonably well now.

SA Pat 21:56 GMT November 11, 2004 Reply   
KL
whats your view on aud/usd?
Think 0.7660 might be the top

BOSTON mpd004 21:51 GMT November 11, 2004 Reply   
Kl/kl// I agree with you.

Syd 21:50 GMT November 11, 2004 Reply   
KL KL similar to the Guys trading in New York , when their taxi driver starts giving his view

Syd 21:48 GMT November 11, 2004 Reply   
Comments from Europe keep FX speculators in check
Thu Nov 11, 2004 03:55 PM ET
NEW YORK, Nov 11 (Reuters) - A recent wave of comments from European policymakers critical of the euro's rapid rise against the dollar may be keeping short-term currency investors in a holding pattern, analysts said on Thursday.
The censored speculative sentiment index, a weekly snapshot of short-term investors' positioning, showed the ratio of "long" positions to "short" positions in euro/dollar (EUR=: Quote, Profile, Research) was around one-to-one in the week ending Nov. 11, said Forex Capital Markets, a retail foreign exchange broker based in New York.

"The -1.08 ratio indicates that with the euro/dollar not far from $1.30, speculators are divided on the next direction, illustrating the indecisiveness of the market," the report said.

"Long" and "short" euro positions are short-term bets on whether the currency will respectively strengthen further or reverse course and weaken.

Many short-term foreign exchange investors seek to profit by trying to predict precisely when a currency has reached a top or bottom. But the near-term direction of the euro, which on Wednesday briefly touched a record high of $1.3005 according to Reuters data, has been clouded by recent utterances from European Central Bank officials.

On Monday, ECB President Jean-Claude Trichet described as "brutal" the euro's roughly 5 percent ascent against the dollar in the past week.

Since Monday other European policymakers have expressed their dismay over the pace of the euro's strengthening, which they argue could threaten the euro zone's export market.

At this point "the market is really confused with what it wants to do with the euro," said Kathy Lien, chief strategist with Forex Capital Markets.

Alan Ruskin, research director at 4Cast, a New York-based consultancy, said that beginning with Trichet, the ECB comments "changed the apparent green light that the market had sensed the central bankers had given to drive the dollar weaker. The light was changed to amber."

Ruskin said speculators came in late to the rally in the euro, even though most already had shorted the dollar, and now they were adjusting their heavily hedged positions.

"(Speculative investors) were negative in general on the dollar but they didn't put on structures that were like having outright short-dollar positions," he said.

Other analysts cautioned against putting too much weight on the positioning of short-term traders, whose investment strategies can be erratic when examined in the aggregate.

"We're trying to pin the tail on the donkey here. ... Small traders can be all over the place," said Jes Black, a hedge fund manager with Black Flag Capital Partners in Hoboken, N.J.

If anything, investors both large and small should be preparing for a rebound in the dollar, Black said, saying rising global stock market indices and higher U.S. bond yields are good omens for the currency.



KL KL 21:47 GMT November 11, 2004 Reply   
my advice to newbies...whenever you start hearing the ROAR of media saying massive short on the USD building for more than 3 days get ready to BUY it and if media say USD Dollar gathering strength for 3 or more days get ready to SELL them.... The media are just catching the tail of everything...postioning yourself is critical and so is tight Stop Loss...took years for me to be discipline!!

Syd 21:42 GMT November 11, 2004 Reply   
Clearing the Books

KL KL 21:39 GMT November 11, 2004 Reply   
Well I am not intervening the dolllar just intervening my bank account....LOL -sold gbpusd 1.8420 out 1.8413 starting the day with +7 is better than -ve

Ltn th 20:53 GMT November 11, 2004 Reply   
Syd// Sorry. Was just being pedantic, in case newbys unaware of the AUP be misled. Agree that US has capability. Not sure if strong dollar would be that desirable as economy improves. Likewise japans trading reality is different and we could begin to see some fundamental policy shift away from an artifically manipulated currency. They may be less likely to support USD without the right sort of equity guarantees.

Syd 20:43 GMT November 11, 2004 Reply   
Ltn th that was not point that i was making

Ltn th 20:38 GMT November 11, 2004 Reply   
Syd. Your being duplicitious? That 48 and 35 in todays terms are really 96 anf 70. Both since readily achieved. Likewise I see possibility od AUD well over parity perhaps even coming close in the old terms.

Syd 20:37 GMT November 11, 2004 Reply   
One more point .Many of the new comers in the FX market have not seen concerted intervention across all time zones , once this occurs the damage to some trading platform traders will be Irreversible

Ltn th 20:34 GMT November 11, 2004 Reply   
censored iw.//
My wife recently needed to buy a new SUV for non urban use. There was no comparison between Chrysler dominated Mitsubishi and the rest like subaru. Whilst half the price the performance, safety and handling of the former was unacceptable. On closer examination the thing was ww2 surplus design and even some susoension and engine components with a bit of modern paint and plastic thrown in.
Seems like every company chrysler touches world-wide ends up down the tube with them. Doesnt take much smarts to spot the common factor and what is wrong. Maybe some people should have stuck to marketing Coke and left things like vehicles with some relation to engineering realirty to people compeetent to deliver more than hype.

Syd 20:34 GMT November 11, 2004 Reply   
My very simple view on that is , if you look back to 1994 when the Yen was I think I am correct Y76 and the DmK getting close to 135, the whole world was saying the USD doesnt have the right to be the reserve currency its stuffed , when the Aud reached 48 - it was 35 here we come, and the Yen 127 lookout 160 . As soon Iraq situation comes to a close you will see a whole different ball game , Once Bush decides enough is enough ,the BOJ will more than oblige to assist stemming the Dollar fall and they can put their money where their mouth is .

Ltn th 20:24 GMT November 11, 2004 Reply   
Syd 20:02 GMT
Some very valid points. However I disagree with the validity of thee two.

".... worse by talking the dollar down. This is dumb. They believe the large U.S. current-account deficit requires a cheaper dollar. This is also dumb."
" Because the U.S. economy is growing much faster than its biggest export customers, ....."

By overall objective measures the latter is questionable with the level of growth well below a level that could be called contractionary. It is simply war stimulus and a reordering of micro economic balances that make the US economy appear better than it is. There is certainly no case for sabotarging recovery like the RBA did with its arguably wise, double wammy increases.
Many of these unbalances are unsustainable and will need to be reversed before the US economy can be considered as well on way to recovery. Bush has the opportunity now to revalue the currency with little political damage due the war footing and second term more legitimate tenure.

Syd 20:24 GMT November 11, 2004 Reply   
quito_ecuador_valdez I think this is why we have so many jokes about analysts and economists , and how difficult the market has become in the last 10years. - early 1990s were the best

london 20:22 GMT November 11, 2004 Reply   
Bank of America sees the USD strengthening in the near term, saying the USD Index could rise 4% from Wednesday's low and still be "safely within the downtrend ." Recommends those who are long EUR/USD to reduce exposure and says EUR/USD could dip below 1.27 in the weeks ahead, which would be a good opportunity to add short USD exposure vs European currencies.
BOA report

quito_ecuador_valdez 20:21 GMT November 11, 2004 Reply   
Syd//outstanding Kudlow article, esp abt €'s weaknesses. Kudlow says:"First of all, the dollar is fundamentally undervalued right now." (meaning as far as fundamentals go, $ is undervalued). Yet Fed lady spoke a month ago saying opposite, that she couldn't understand why the dollar was priced as high as it was. Whom to believe? Ans: the market.

Helsinki iw 20:21 GMT November 11, 2004 Reply   
Right, Mercs are crap so I´ll get a pick-up instead. Who paid for that study?

Syd 20:09 GMT November 11, 2004 Reply   
Beware 'Made in Europe' label
Consumer Reports finds serious slide in auto quality

Syd 20:02 GMT November 11, 2004 Reply   
As its a quiet time coming into graveyard shift for some
Inflation Worriers, Dollar Pessimists

However, a number of Fed officials have made matters worse by talking the dollar down. This is dumb. They believe the large U.S. current-account deficit requires a cheaper dollar. This is also dumb. Trade deficits no more sink exchange rates than budget deficits drive up interest rates. Both currency values and interest-rate levels are determined by monetary policy — not the so-called twin deficits.

Because the U.S. economy is growing much faster than its biggest export customers, we are buying more from them than they purchase from us. Rapid growth in China and India over the next decade will correct our trade imbalance. In the meantime America’s low-tax, high-profit economy is attracting private-capital inflows from all around the world. Lately, foreign inflows have come in around $600 billion, about the same as our $570 billion current-account deficit. There is no financing problem.

That said, it would be foolish if the U.S. Fed started targeting a fixed dollar-euro cross-rate. If the Europeans are stupid enough to crash their economy with overly tight money, that’s their business. But the U.S. must not make the same tight-money mistake and wreck this prosperous recovery.

Instead, domestic price stability should be the Fed’s strategic goal. As long as the U.S. central bank ties its policy to a domestic price rule — guided by financial- and commodity-market indicators — as Greenspan seems to be doing, then the U.S. will continue along a path of non-inflationary prosperity.



Syd 19:54 GMT November 11, 2004 Reply   
LONDON (AFX) - The euro remained stuck around the 1.29 usd mark as the market mulled the prospect of possible European Central Bank intervention to halt the currency's export-sapping appreciation against the dollar

The euro's rally, which saw it breach the 1.30 usd mark yesterday for the first time since its launch in 1999, ground to a halt as the market reacted to comments from euro zone officials as well as mounting expectations of another US rate hike by the end of this year

However, because of a public holiday in the US today, market activity has been subdued

In recent days, ECB officials have ratcheted up their language on the euro's rise, which could potentially grind anaemic euro zone growth to a halt

Most importantly, the ECB's president Jean-Claude Trichet backed up his description of recent exchange rate movements as "brutal" and "not welcome"

Trichet told a conference in Milan today that it was "necessary" to say what he did on Monday, when he stated that the euro's appreciation was not welcome from the ECB's standpoint

In addition, his deputy Lucas Papademos told an audience in Tokyo that excess volatility in foreign exchange markets was undesirable

In light of the objections, the markets are on the lookout for possible euro selling and dollar buying from the European Central Bank

"It's clearly on the agenda and we are now entering the zone of actual market intervention," said Neil Mackinnon, chief economist at ECU Group

"By pushing the euro through 1.30 usd, investors should be on alert, for we are close to the (ECB's) pain threshold," he added

The ECB's last foray onto foreign exchange markets was in late 2000. At the time it acted in coordination with other G7 countries to buy euros and sell dollars after the eurozone unit plunged to a record low of 0.8230 usd

The US monetary authorities are unlikely to get involved and are widely believed to be in favour of a managed depreciation in the dollar

"The perception that the US favours a weaker dollar to help rectify the huge current account imbalance contrasts sharply with the European policy stance and is likely to become an increasing source of friction over coming weeks," said Mitul Kotecha, senior currency strategist at CALYON

Though US officials have been notably silent about the dollar developments, alarm bells appear to have been rung at the Bank of Japan, which has a reputation for intervening in the market to stem the yen's appreciation. "We can't rule out joint intervention between the ECB and the BoJ," said ECU Group's Mackinnon

The dollar was also benefiting from the Federal Reserve's move to put up US interest rates overnight and suggestion that more rate hikes may come

After peaking at 1.3005 usd yesterday, the single European currency slipped back under 1.29 usd as investors digested the slightly more upbeat stance from the rate-setting Federal Open Market Committee

Though the Fed's decision to raise its key federal funds rate by a quarter point to 2.0 pct was widely expected, dollar bulls were encouraged by the accompanying statement, which suggested that another interest rate hike in December remains on the cards

The FOMC said it can continue to raise rates at "a measured pace" and that policy, even after yesterday's hike, remains accommodative. The path of US rates now depends on the flow of upcoming economic data

quito_ecuador_valdez 19:48 GMT November 11, 2004 Reply   
Syd// Tks. :^/ & Tks for Germany post. Like GEP suggested if to trade USD for maximum return, should be USD nonEuro crosses..cable, Swissy & Aussie (nice spikey chart) are good..comments from the stands? Euro might run out of beans if CB reserves actually pay attention to the €con fundamentals instead of the hype aura, which for some reason surrounds el €. Maybe because € has infected so much territory. For the life of me I can't see why CBs & banks have such a "warmth" for € c'ncy reserves. I only trade €/$ because that's all I have at my bank worth a flip. Even an Irish flip ;^}

Sydney Ge11Ja 19:38 GMT November 11, 2004 Reply   
thanks fellow sydneyer, nice to see the sunshine

TLV B747 19:34 GMT November 11, 2004 Reply   
Sydney Alimin 21:10 GMT November 10, 2004

all the best and good luck to you while away.
just push on your trading buttons to back my plan, it will help more than the wishes for good luck :-)

see you next week (tomorrow, will be back to Holland) and take care, gt to you and for all

Syd 19:33 GMT November 11, 2004 Reply   
Sydney Ge11Ja its mainly on the data yesterday and species in NY expectin a rate hike , although those were backward looking numbers and as you full know they wont be hiking rates this side of Xmas or before March at the earliest if at all

Syd 19:30 GMT November 11, 2004 Reply   
quito_ecuador_valdez 19:25 GMT Cool

Sydney Ge11Ja 19:29 GMT November 11, 2004 Reply   
orlando jcr 19:20 GMT November 11, 2004

Know the feeling although Ive got the double whammy .. short aud/yen from wednesday

Actually was looking for flow info? Is this just on back of employment data?

Syd 19:29 GMT November 11, 2004 Reply   
Slowing exports hit German growth
Germany's economic growth has slowed as export weakness offset a rise in domestic demand.
According to the Federal Statistics Office, the German economy grew just 0.1% in the three months to September, slower than expected.

The figure is the lowest since the outright contraction in the second quarter of 2003.

Economists said the news meant growth figures for the 12-nation eurozone, out on Friday, would also be revised down.

Dollar pressure

The 0.1% expansion - making an annual growth rate of 1.3% - follows a 0.4% reading for each of the first two quarters of the year.

"The decisive factor in the weak economic growth in the third quarter was - in contrast to the four preceding quarters - declining exports," the statistics office said.

High oil prices are partly to blame, economists say.

But the sinking value of the dollar also poses a threat, according to the ZEW survey of finance professionals.

The German economy is reliant on healthy exports, and a falling dollar makes euro-denominated goods more expensive in the key US market.

Stubbornly high unemployment has meant weak demand at home, although the third quarter has shown an improvement.

Government efforts to rejig the benefits and pensions system, with the intention of reinjecting some life into the labour market, are meeting staunch resistance.

BBC.

quito_ecuador_valdez 19:25 GMT November 11, 2004 Reply   

Friday's Calendar

Nov 12 Fry-day All times GMT es=estimate pr=previous
More fly specks: Big EUR day since US data doesn't count any more:
Mouse over for comment box.

GBP CBI/Experian Busnss Strategies Regnl Trend Surv 0:01

JPY Indus Prod MoM SEP F 4:30 pr=0.1
JPY Indus Prod YoY SEP F 4:30 pr=-2.3%
JPY Capacity Utilization SEP F 4:30 pr=02.6


EUR Fr CPI MoM OCT P 7:45 es=0.3% pr=0.2%
EUR Fr CPI YoY OCT P 7:45 es=2.2% pr=2.2%
EUR Fr CPI-EU Harmonised MoM OCT P 7:45 es=0.3% pr=0.2%
EUR Fr CPI-EU Harmonised YoY OCT P 7:45 es=2.3% pr=2.2%
EUR Fr GDP QoQ 3Q E 7:50 es=0.4% pr=0.7%
EUR Ital Production sa MoM SEP 8:30 es=0.6% pr=-0.8%
EUR Ital Production wda YoY SEP 8:30 es=0.2% pr=-3.5%
EUR Ital Production nsa YoY SEP 8:30 es=0.5% pr=6.5%
EUR ECB Tumpel-Gugerell Speaks 9:00
EUR Ital GDP sa & wda QoQ 3Q P 9:30 es=0.3% pr=0.3%
EUR Ital GDP sa & wda YoY 3Q P 9:30 es=1.1% pr=1.2%
EUR EZ GDP s.a. YoY Q3 E 10:00 es=2.0% pr=2.0%
EUR EZ GDP s.a. QoQ 3Q E 10:00 es=0.4% pr=0.5%
EUR GDP forcast (Q4 '04) & (Q1 '05) 10:00


USD Advance Rtl Sales OCT 13:30 es=0.1% pr=1.5%
USD Rtl Sales Less Autos OCT 13:30 es=0.5% pr=0.6%
USD U. of Mich Conf NOV P 14:45 es=93.0 pr=91.7
USD Busnes Inv's SEP 15:00 es=0.5% pr=0.7%
USD Fed Olson speak:bank supervision 18:00
USD Minutes of Sep. 21 FOMC Meeting 19:00

sofia anmart 19:21 GMT November 11, 2004 Reply   
15:52 GMT November 9, 2004
AUD/USD.We buy at 0.7585 for 0.7710.Current-0.7650

October 27, 2004
EUR/AUD -1.7070. We sell at the market for 1.6820.Current-1.6885

orlando jcr 19:20 GMT November 11, 2004 Reply   
Sydney,

I'm of the belief that it's because I'm sitting on a short from .7645 - therefore it won't go down...!!! (LOL)

Sydney Ge11Ja 19:17 GMT November 11, 2004 Reply   
morning all, any ideas on why aud up here?

Los Angeles ss 19:08 GMT November 11, 2004 Reply   
Any views on CAD?

Syd 19:03 GMT November 11, 2004 Reply   
WSJ is running an editorial saying "the great American middle class didn't re-elect President Bush so he could debase the currency." Dismissing worries about the current account deficit as long as growth stays strong, the piece warns that a currency crisis could disrupt the president's economic agenda and undermine "a muscular foreign policy." It says "More than one White House term has been damaged by currency crises."

clonakilty glenn 18:59 GMT November 11, 2004 Reply   

valdez - get me a visa!

quito_ecuador_valdez 18:51 GMT November 11, 2004 Reply   
clonakilty glenn 18:44 GMT November 11, 2004//LOL matie! Actually @ Cotopaxi volcano & many others..365 days snow. The H2O kind. ;^]     :^]

Sydney E.M 18:46 GMT November 11, 2004 Reply   
Seems like the US Specs have been buying Aussie while the rest of the market on holiday, toppy levels could see sharp retracement

clonakilty glenn 18:44 GMT November 11, 2004 Reply   
VALDEZ! LOL - you're sure that's not a self-portrait? I guess there isn't too much snow in cuenca at this time of year?

quito_ecuador_valdez 18:41 GMT November 11, 2004 Reply   
Meet Moskow FX_trade: ..would you buy data from someone who dirt skiis?

saint louis 18:41 GMT November 11, 2004 Reply   
sold $/CAD .1965.... I think dollar is still weak here

quito_ecuador_valdez 18:34 GMT November 11, 2004 Reply   
Stockholm//Tks 4 Ur very nice explanation on stocks vs USD...I'm sure many benefitted from that.

Dallas GEP 17:39 GMT November 11, 2004// While charts R snoozing, on this GBP/CHF 30 day chart right now, to ans Ur question, since GBP/CHF chart's gone down abruptly twice since the 10th, it's due for a very small long of = or < 1 day, so I'd personally wait a bit 'til a peak hits to max the short then short it for a period of several days to 1 week depending on chart. With continuously shorting charts i.e. GBP/CHF one can't lose, variable is time involved if exit missed, enduring 1 more cycle to exit. Obviously trading like this yields less pips per time than your form but w/ almost no risk as the payoff. That's why I always profit in Euros buys with my USDs..matter of time on this historically longing E/$ (that won't last much longer either), not 100% because of my skill. 85% of my exists R w/in 10% of the optimum yet I have to enter/exit by phone from 0930 to 1400 EST Mon-Fri..FX office closed otherwise. So I do OK w/ what I have...phone only, some things never change & I have a 2 day weekend. LOL

Ldn 18:33 GMT November 11, 2004 Reply   
BoE chief chimed in on dollar weakness debate Weds., saying he doesn't welcome large changes in fx rates.

London Zappy 18:32 GMT November 11, 2004 Reply   
Actually, since Poland joined, Europe is increasingly being influenced by UK, because the Poland et al often vote with London, perhaps that why the Euro is rising at last... I pitty the poor EuroCrats having to take lessons from Peter Mandelson, but I sure feel they deserve it.

Gen dk 18:32 GMT November 11, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

London Zappy 18:26 GMT November 11, 2004 Reply   
//Tolminkiemis 18:21 GMT
Like the Japanese, the EuroCrats do everything by commitee, but unlike the EuroCrats, at least the Japanse are all on the same side.

Tolminkiemis 18:21 GMT November 11, 2004 Reply   
London Zappy...Well Wim was trying to be right all the time. He did not care about money. EU paid him salary. :-)

gold coast martin 18:21 GMT November 11, 2004 Reply   
Bruxville Jim 17:58 GMT November 11, 2004
JIM......as i said ...i have taken this position and the way i have structured myself even if my target is not met ,i am still in front for the year....dont forget we had quiet a feast for 5-6 months this year..not to count the dips....if target is wrong and does not constitute me a loss,then i did make the right decision for the year on this pair....g/t

London Zappy 18:18 GMT November 11, 2004 Reply   
//Tolminkiemis 18:15 GMT Life is a funny thing.
Lol, life is poorer now we don't have Dim Wim to entertain us.

Tolminkiemis 18:15 GMT November 11, 2004 Reply   
Bruxville Jim ...u have here a good point. Be ture to yourselves. Question is do u want to be right all the time or make some money? U cannot have both all the time. Life is a funny thing, I know few people who prefer to be right than make money.

Syd 18:14 GMT November 11, 2004 Reply   
gold coast martin 17:49 GMT Agree Aussie has now become very overstretched, we should see a correction especially with the USD in for a bounce .

Bruxville Jim 18:12 GMT November 11, 2004 Reply   
(This is not about your aussie position)
Sometimes you just have to admit your mistake, take a loss and move on... It is not about striving to be right or wrong... Market doesn't know you exist and doesn't care...
Sorry for getting pathetic here. GL.

Santo Domingo tht 18:07 GMT November 11, 2004 Reply   
Allright thks, they moved the mkt 10 pips.

Rye, NY et 18:07 GMT November 11, 2004 Reply   
Stockholm AGuy 18:03 GMT November 11, 2004
Thank you. Good explanation. GL/GT

Tolminkiemis 18:05 GMT November 11, 2004 Reply   
Santo Domingo tht ..this coment was written when eur broke above 1.29000 but was quickly sent back to 1.2890 levels couple of times and later even lower. So comment pointed the situation.

gold coast martin 18:03 GMT November 11, 2004 Reply   
Bruxville Jim 17:58 GMT November 11, 2004
I Have had this position and view since the beginning of the year and i have positioned and traded accordingly,,,,,,have to follow it through and stay true to my systems timeframe,,,,,,
If i am wrong roast me at the end of the year....thats what makes themarket.....two opposing views....g/t

Stockholm AGuy 18:03 GMT November 11, 2004 Reply   
quito_ecuador_valdez 17:06 GMT:

Stock markets are affected by many things besides forex, and investor focus tends to shift from one dominating theme to the next.

Think back to the waves of fear triggered by the first US terror alerts after 9/11. Then, with the risk of new attacks on everybody's mind, the natural reaction was to sell (and then rebuy) the USD along with risky assets, i.e. stocks. This was a coincidental relationship, more than a causal one.

As terror fears subsided, investors started taking notice of economic fundamentals again. The twin deficits kept driving the USD lower, but it was understood that a weaker dollar was good for US exporters. So stocks and USD diverged.

Then oil started surging and got everybody concerned about its effect as a "tax" on the economy. A falling dollar exacerbates the problem, so USD and stocks started moving together again, this time in a causal rather than merely coincidental way.

Now oil has stabilized (for now) and so we are back to seeing a lower dollar as good for foreign revenues, and therefore for US stocks.

Until the next theme shift...

Santo Domingo tht 18:01 GMT November 11, 2004 Reply   
Tolminkiemis 13:59 GMT November 11, 2004
Chaps do not give a chance for eur ;-) good sellers on new intraday highs

Tolminkiemis 18:00 GMT November 11, 2004 Reply   
Santo Domingo tht.... tell me which comment you mean. quote it pl.

Santo Domingo tht 17:59 GMT November 11, 2004 Reply   
Tolminkiemis 17:53.. what happened to the Euro sellers from earlier today?

Bruxville Jim 17:58 GMT November 11, 2004 Reply   
Aussie @0.63 ??? Martin, you are too greedy for sure... More than 21% down from current levels in just 7 wks? Give me a break:)

London Geda 17:57 GMT November 11, 2004 Reply   
ok,,, i am long EURCHF at 1.5197
i am plannign tohold it for a week or two,, this baby should show some strength now,,
wish me gl

Dallas GEP 17:56 GMT November 11, 2004 Reply   
One more thing before I leave.....As you guys know 7000 was a heavily defended level BUT the thought occurrs to me that perhaps the EU guys decided to defend now at 7010. I may assume that to be the case if that levels holds for the next 6-8 hours BYE for now

orlando jcr 17:55 GMT November 11, 2004 Reply   
Well, I don't often look at the aussie - but GEP seems to be calling them right today, so I jumped in for a small share to see what would happen.

That must be why it stopped moving now...
anybody have a good TP from .7645...???
I don't trade this pair often so I don't know what a good expectation is for a short-term play from this pair.

London Geda 17:55 GMT November 11, 2004 Reply   
any positional views on EUR CHF,,,
i do believe itis a good buy value right now right here,,,
agree? disagree?
gl all

Tolminkiemis 17:53 GMT November 11, 2004 Reply   
ok ladiez, what a heck I'm in the mkt.

gold coast martin 17:49 GMT November 11, 2004 Reply   
Calabash TarHeel 17:37 GMT November 11, 2004
hELLO calabash,,,,,,
as far as aussie is concerned i have it like this:to 7588 after aussie session ,,,,,,,dont see it at 7750-78 again this year ....i still have my positions for 31st of december{originally .59.....but i will settle for 63.....}....if i am wrong ,tell me on 31st of december......
i know that the aussie as well as kiwi are due for a major correction.....g/t

Las Vegas, NV ukanduet 17:49 GMT November 11, 2004 Reply   
Got to go out for a while. Back later.

Las Vegas, NV ukanduet 17:48 GMT November 11, 2004 Reply   
saint louis. Generally more money made going against the crowd

London Tokky 17:46 GMT November 11, 2004 Reply   
quito_ecuador_valdez, I will like to consider your comment. What level is good now - long short, level?

Tolminkiemis 17:45 GMT November 11, 2004 Reply   
london mb ....I have to agree on your contrarian view re eurusd. but we need to c first signs of weakness in this strong uptrend. My feeling is this trend will take some time to reverse like 0.82xxxx euro, remember? all where screaming fo r.7500, .7000. so be patient and wait.

saint louis 17:45 GMT November 11, 2004 Reply   
i'm a buyer .2880 or so

saint louis 17:44 GMT November 11, 2004 Reply   
i agree las vegas.. chart is saying long EUR.... hard to believe with everyone here saying short it.... when everyone agrees, it usually goes the other way ..

Dallas GEP 17:39 GMT November 11, 2004 Reply   
Will do Valdez!!! I have to take a break here but I will be back. BTW what would you suggest at this time for an entry level for gbp/chf SHORT????

Calabash TarHeel 17:37 GMT November 11, 2004 Reply   
gold coast martin 17:26 GMT November 11, 2004
Hello Martin. Doing well I trust. What are your thoughts on the downside from .7650? Tia.
gl,gt

london mb 17:36 GMT November 11, 2004 Reply   
thanks everyone for your help
i am just a little concerned 99.9 % of all currency analysts.commentators,players are calling euro much higher from here. i personally think the dollar will soon begin to strengthen towards 1.15/1.20 over period of time but that is a dangerous game to play .

Las Vegas, NV ukanduet 17:35 GMT November 11, 2004 Reply   
I like eur/usd long at 1.2877

quito_ecuador_valdez 17:35 GMT November 11, 2004 Reply   
Dallas GEP 17:23 GMT November 11, 2004//Since I'm a postion trader/swing trader, GBP/CHF sure looks good to me IF GBP/CHF keeps up the same patten of continual short, which it can't do forever. It's pretty rythmical on the last 30 day chart for example in trades involving periods of about 1 week duration...SET IT and forget it for 150-200 pips per week/trade. I realize this wouldn't interest many day traders but for secure longer term lower risk entries it seems the ticket. Possibly since the % interest by some platforms for selling that pair isn't good, and the higher spread of that pair...possibly that's why it isn't attractive to some, especially day traders. I assume you position trade as well to round out that log book, right? Could u email me at yahoo GEP..have personal investment "inquiry" for you/your company. I fail at raiding where you are an expert...need your services.

saint louis 17:33 GMT November 11, 2004 Reply   
anyone thinking of long EUR?

gold coast martin 17:29 GMT November 11, 2004 Reply   
correction..7650=7650+...

Dallas GEP 17:29 GMT November 11, 2004 Reply   
OK MArtin that is good enought for me I am SHORT AUSSIE now @ ..7645...stop 7678

Dallas GEP 17:27 GMT November 11, 2004 Reply   
censored that AUSSIE went to 7659....WTH was I????

gold coast martin 17:26 GMT November 11, 2004 Reply   
Dallas GEP 17:19 GMT November 11, 2004
we had the absolute top at 7650,,,but anything in the 7645+ region is a great possie.....g/t

quito_ecuador_valdez 17:25 GMT November 11, 2004 Reply   
london mb 17:14 GMT November 11, 2004 // Ask martin or bc..
I would be glad to build an informative webpage on this to which to refer the Chinese RMB questions like mb's post. Anyone game for sending me email information on this? I'm at yahoo or get me from Jay. Will credit those who send info with name and/or link.

From what I've gleened off the forums, the Chinese will not float their Yuan (Renminbi RMB) for some time. They are stalling by throwing out tidbit indicators such as increasing int rates. They'll BEGIN THINKING of unpegging to USD when/if /after USD starts to revaluate again which I PERSONALLY feel will start late 1st Q or in 2nd Q next year. By 1st Q 06 the USD will likely have recouped enough value and momentum (since the high of 2002) to furnish the Chinese with enough reason to unpeg it and peg instead to a "basket" of currencies to join the world's trade without clouting anyone nor angering any potential mkt (as they are now irritating some).

Rye, NY et 17:24 GMT November 11, 2004 Reply   
quito_ecuador_valdez 17:06 GMT November 11, 2004
Frankly, I can't explain it. I'm no expert on international capital flows. But, as a trader, it's a risky correlation to rely on. Those are weeklies on the link vs US Dollar Index. Short-term it's even less reliable vs USD crosses.

Dallas GEP 17:23 GMT November 11, 2004 Reply   
Valdez, most people don't trade the pair because they don't understand it. I trade it occassionaly. What is your view on it at this time???

Dallas GEP 17:19 GMT November 11, 2004 Reply   
Thnaks MARTIN, so what do you feel ABSOLUTE TOP could be because I am FIXIN to short the shittt out of it

Global-View 17:19 GMT November 11, 2004 Reply   
London mb. From our archives:

shanghai bc 05:16 GMT September 26, 2004

NOODY -- China imports as much as it exports in recent years..The overall trade balance is evenly balanced..The overall trade surplus is less than what its cb makes from currency trading each month during good runs.. From China's perspective,it does not feel obliged to revalue or devalue its currency at present when the trade account is so well balanced..If China makes hundreds of billions of Dollars of surplus from its world trade each year,that is another issue..China may not have any valid argument on that side..But China may be having trade deficits this year thanks to massive imports from all over the world..China is now the 3rd largest importer in the world while only 4th larget exporter in the world..Many countries owe their recovery to China's massive imports in recent years ,starting from Japan and many Latin and Asian countries..Floating its currency in time may work in time..But then it should be China who sets its time table because it knows its situation best,not some foreign politicos whose agenda is all about more votes in their constituencies.. Assuming China decides to gradually float sometime around 2006(at least before 2008 Olympics),it may provide one more currency with decent liquidity to trade for us all..And if most chinese savers rush to buy foreign currencies for whatever reasons(these folks have some 1.8 trillion Dollar worth of RMB in their savings a/c),RMB may drop like a stone contrary to the expectation of many foreign politicians..And it will create a lot of headache for China's cb too..All foreign currencies may shoot to the Moon against RMB too..RMB's upward path is not all that assured at least at the start of floating given its low interest rates and bank's massive bad debt issues..In longer term,RMB may steadily rise against most major currencies..

Tolminkiemis 17:18 GMT November 11, 2004 Reply   
Asia will be impact destination most. CNY appreciation might even releave some pressure on eurusd....as it it one of a few ccies bearing us trade deficit consiquences.

Dallas GEP 17:18 GMT November 11, 2004 Reply   
GOT out with +12 on GBP short and +8 on CHF long. Remember guys these are probably good for only 10-15 pips at this time

Gen dk 17:15 GMT November 11, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

london mb 17:14 GMT November 11, 2004 Reply   
hi all out there
enjoy all your comments now for a quick question
if or when china removes the peg or changes the value of the peg what are the percentage estimations and does that necessarily mean the dollar falls against all currency pairs.

Rye, NY et 17:14 GMT November 11, 2004 Reply   
London Tokky 17:07 GMT November 11, 2004
What did you do with your long Euro last night? Did you get out even?

Tolminkiemis 17:13 GMT November 11, 2004 Reply   
Las Vegas, usdjpy do not look for today only look for couple of days/weeks ahead. This babe is most likely fly away to 109. area 106.00-106.60 looks like a good value to buy usd stops below recent low 105.2xxx. Leverage wisely do not over do it. We talk abt 2.5, 3 fig potential.

gold coast martin 17:12 GMT November 11, 2004 Reply   
Dallas GEP 17:10 GMT November 11, 2004
Just some overnight support from asia....temporary..will retreat back sub 76 after aussie session......g/t

quito_ecuador_valdez 17:11 GMT November 11, 2004 Reply   
GEP// With the guaranteed short trend of GBP/CHF this year, why don't I see more posts on this? Do you trade that pair much? Like today, a nice short..yet no one posted anything. What's your op on that pair and why don't people post many trades on it?

Las Vegas, NV ukanduet 17:10 GMT November 11, 2004 Reply   
Maybe I will play some keno tonight. I do pretty well at that.

Dallas GEP 17:10 GMT November 11, 2004 Reply   
Giys WTF is going on with AUSSIE, anyone KNOW????

Tolminkiemis 17:09 GMT November 11, 2004 Reply   
Ladiez, get ready dolly gonna swing up soon! :-). Just do not tell I haven told u.

London Tokky 17:07 GMT November 11, 2004 Reply   
Dallas GEP, I did! Cheers.

quito_ecuador_valdez 17:06 GMT November 11, 2004 Reply   
Rye, NY et 16:45 GMT November 11, 2004// So then prior to late Spring of '03 the Dow vs USD chart you linked to (thanks!) indicates USD paralleled Dow, then in Spring of '03 it diverged (crossed) for 1 year, now Dow and USD are running parallel again. Except for late..they are diverging. Can you explain that? Is it because *big* companies have had 2 variances in foreign origin of income? Today is learning day for me! Valued more than $$.

Dallas Mauricio 17:05 GMT November 11, 2004 Reply   
I was thinking the same thing!

houston st 17:02 GMT November 11, 2004

UKANDUET -- you might get more action @ the casinos today...good trades.

Dallas GEP 17:04 GMT November 11, 2004 Reply   
OK hope someone got that 1.2908 short EURO I suggested becasue I sure the hellll didn't.

Gen dk 17:03 GMT November 11, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

houston st 17:02 GMT November 11, 2004 Reply   

UKANDUET -- you might get more action @ the casinos today...good trades.

Las Vegas, NV ukanduet 16:59 GMT November 11, 2004 Reply   
Any ideas on usd/jpy for today?

quito_ecuador_valdez 16:58 GMT November 11, 2004 Reply   
Irish//LOL..nooooooo but I should! Chile is a better bet right now..more infrastructure, High desert, high mountains and lotsa coast, cheaper cost of livng than Ec. Seasons too..some don't like Ec's perpetual Spring. Dial up net on coast (Manabi) I hear is bad here. Almost no wireless I'net. Get Direct TV w/ I'net broadband elsewhere, dismantle everything, bring it here..re-set it up, pay acct in home country...semi-grey mkt connection. Not exactly illegal nor 100% Kosherl but it works :^>. It's always easier to get forgiveness than it is to get permission.

Las Vegas, NV ukanduet 16:57 GMT November 11, 2004 Reply   
Good morning

Dallas Mauricio 16:56 GMT November 11, 2004 Reply   
Has anyone on this forum lived in Spain? I am considering moving there and would like to know if it is a good place for a US citizen. TIA

Dallas GEP 16:55 GMT November 11, 2004 Reply   
Shorted GBP @ 1.8430

Dallas GEP 16:53 GMT November 11, 2004 Reply   
LONGED usd/chf 1.1766 looking for 10-15 pips

quito_ecuador_valdez 16:48 GMT November 11, 2004 Reply   
It seems to me everyone should have been working GBP/CHF for the year long short (2.29-2.16 = 13 big numbers) it's been doing let alone today's juicy short (2.18xx to 2.16xx), yet I don't see much activity for that pair on FF. Any ideas as to why?

Brux..what country are you in?

Ecuador just got TV cable broadband Internet a few wks ago, 90/mo (!*$#)..have to sign up but changing office locals in weeks, will do it then. Direct TV Ecuador (idiots) doesn't have Internet but have in USA. (???)

Rye, NY et 16:45 GMT November 11, 2004 Reply   
quito_ecuador_valdez 16:20 GMT November 11, 2004
Happy Veteran's Day...
Thanks for the links...some beautiful things there...(the flowers aren't bad either)...fwiw, re: the Dow and the Dollar...
Caveat Correlator

knoxville dan-k 16:36 GMT November 11, 2004 Reply   
well i have been looking into costa rica anyone know much about taxes, prices etc. their

Chicago Irish 16:36 GMT November 11, 2004 Reply   
So Valdez....what do you do down there?Work for the tourist board? :-)

Miami fleon 16:35 GMT November 11, 2004 Reply   
Valdez
Do you know the coastal side of Ecuador, I means the Manabi province??
I am thinking to move there in the next future but was a little concerned about Internet conections and the possibility to trade from there .
Is reliable the Internet system over there?
I plan to visit Ecuador next year and explore the Manabi province a little to take a determination after

Bruxville Jim 16:32 GMT November 11, 2004 Reply   
Valdez// Bananas cost several times more in Latvia (BTW I first read 'Ecuador' on banana stickers:)), nevertheless FX profits are not taxed here as well...

Eilat Dolphin 16:28 GMT November 11, 2004 Reply   
Aguy/ Junt in. Why worry about internet speed? Doesn't Valdez type fast enough, often enough for you ?

L.A. Igrok 16:27 GMT November 11, 2004 Reply   
Just a thought... I can't remember any major trend since 1993 to reverse without a serious CB(s) participation. Usually extends over 1000 pips (and often even more) after first intervention.

Stockholm AGuy 16:25 GMT November 11, 2004 Reply   
quito_ecuador_valdez 16:20 GMT:

Sounds tempting. What's Internet access like? Speed, reliability, cost?

quito_ecuador_valdez 16:20 GMT November 11, 2004 Reply   
Bruxville Jim 15:55 GMT November 11, 2004// Tks. Lived here 9 yrs. Gov non invasive, no to low tax, clime is Apr-May 365 days at my house 8,300ft. FX w/ Ec Sucre/USD was fantastic when it existed. FX profits not taxable..no tax law for it here! Filet Mignon plate, salad, desert, wine=$7-9. Reg gas=1.49, diesel=1.02. Prop tax house $150k=$142/yr. 40 lbs bananas=$6, prawns=$5/lb, whole milk=35cts/liter.

mexico ferrer 16:11 GMT November 11, 2004 Reply   
chek this out eur/jpy up no limits can go long for the rest of the year

Dallas GEP 15:57 GMT November 11, 2004 Reply   
OK unless you guys want to try and grab some 10 pip possies, this is pretty mauch useless IMO...Euro is a short from around 1.2908. USD/CHF is a long from aronund 1.1768. GBP/USD is a short from around 1.8428 etc etc but these are good right now for only 10-15 pips. I will be back later

Toronto EDP 15:57 GMT November 11, 2004 Reply   
Buenos Aires db

Re. the Tanzania Shilling...

Thursday, November 11, 2004

1 US Dollar = 1,075.00 Tanzanian Shilling
1 Tanzanian Shilling (TZS) = 0.0009302 US Dollar (USD)

Median price = 1,028.80 / 1,075.00 (bid/ask)
Minimum price = 1,028.80 / 1,075.00
Maximum price = 1,036.00 / 1,087.00

Bahrain Within 10 Pips 15:56 GMT November 11, 2004 Reply   
Just FTPed chart for day trade
I think I will short euro

Bruxville Jim 15:55 GMT November 11, 2004 Reply   
Valdez, beautiful ladies and nature there in your country... Must be distracting from trading:)

Texas(Jksn.) PNB 15:51 GMT November 11, 2004 Reply   
hope everyone's doing good. Take care for ruthless fridays.

gl.

TIA:-)

mexico ferrer 15:45 GMT November 11, 2004 Reply   
sorry didn¨t read the rules

quito_ecuador_valdez 15:43 GMT November 11, 2004 Reply   
ferrier: Forum rules state we can't discuss brokers here..it's not that no one wants to respond. Brokers' advertising makes the free forums & resources possible.

Bruxville: Ladies
Orchids
Ecuador

AR MR 15:42 GMT November 11, 2004 Reply   
where can i found more info about Japan's USD coupons?

berlin otto 15:40 GMT November 11, 2004 Reply   
Today I wish all of you good luck.

Bahrain Within 10 Pips 15:26 GMT November 11, 2004 Reply   
shorted aussie..some more latter

quito_ecuador_valdez 15:26 GMT November 11, 2004 Reply   
A Guy//Tks...relationship between DJIA & USD..I didnt consider foreign revenues. The obvious escaped me, dahhh, explains Dow's inverse relationships with FX. So we can expect Dow to maintain incline (by my FX model) at least through 1st Q '05. Long (live) the Dow.

OK SZ 15:26 GMT November 11, 2004 Reply   
on the DOW sell programs will click in once it hits 10350 which should take us close to the 10175 area..

Bruxville Jim 15:25 GMT November 11, 2004 Reply   
Bahrain, so there is no stop for this short?

lisbon 15:25 GMT November 11, 2004 Reply   
buenos aires................tzs 1055.00

mexico ferrer 15:24 GMT November 11, 2004 Reply   
has any one trade with fx solutions system its suposed to be very good ?? i heard that its posible to charge a comission, the spread is 3pips and u can get 2 more spread pips for ur wallet, that u are able to meka mutual funds etc. is this true??

Bahrain Within 10 Pips 15:18 GMT November 11, 2004 Reply   
Bruxville Jim 15:17 GMT November 11, 2004
///
This the best I can do

Bruxville Jim 15:17 GMT November 11, 2004 Reply   
Bahrain// No stops for that DJIA short? Or is there a level for your system to admit defeat in case it rallies on?

gold coast martin 15:16 GMT November 11, 2004 Reply   
Sydney 15:08 GMT November 11, 2004
No problem syd....intervention is very touchy subject....BOJ gives out limited selected info just to silence international community,,,,,,hence your 105 figure which was PRE-JULY ....In september was 10850 {i posted this in sept.vheck archives].....october -november ...due to higher liquidity they have been using smoothing method ...g/t

Bahrain Within 10 Pips 15:15 GMT November 11, 2004 Reply   
http://kalzayani.freewebsites.com
ab//
Future charts for dow

mexico ferrer 15:13 GMT November 11, 2004 Reply   
buenos aires no se pero lo puedes ver en www.fxstreet.com
en el link de exoctic currencies

Bahrain Within 10 Pips 15:12 GMT November 11, 2004 Reply   
hk ab 15:08 GMT November 11, 2004
10 pips, DOWJ is diving?

U Know what I Mean
It's heading to 10,100 by Monday

Bahrain Within 10 Pips 15:10 GMT November 11, 2004 Reply   
yes i did
It's over now I PT

gold coast martin 15:10 GMT November 11, 2004 Reply   
Bruxville Jim 15:04 GMT November 11, 2004
The MOF publishes figures with the timeframe at their discretion how much they throw into the fx market...last 3 weeks no official figures..how do i know whether they do or they dont?....short answer......pressure to intervene comes from exporters....if you are friendly with these people you know before the order is even given by the mof to their bankers to execute order.......Also MOF always keep eye on the market and always have contigency plans to respond.....g/t

buenos aires db 15:09 GMT November 11, 2004 Reply   
Alguno sabe que precio tiene la moneda de Tanzania??

Sydney 15:08 GMT November 11, 2004 Reply   
quito_ecuador_valdez

For your interest:

Syd 04:10 GMT August 19, 2004
GOLD COAST MARTIN
Sorry mate - nothing on our books for BOJ until 105 yen.

hk ab 15:08 GMT November 11, 2004 Reply   
10 pips, DOWJ is diving?

Bahrain Within 10 Pips 15:07 GMT November 11, 2004 Reply   
shorting Eur at 1.2820 area
Longing Yen 106.50 area

mexico ferrer 15:06 GMT November 11, 2004 Reply   
u bought eur/gbp a cople of days before i think

Stockholm AGuy 15:06 GMT November 11, 2004 Reply   
quito_ecuador_valdez 14:56 GMT:

The DJI is made up of *big* companies with plenty of foreign revenue. If the USD falls, their profits (in USD) go up, and so goes the DJI. But look at the dailies: after that presidential run it's had, the DJI is horribly overbought. In the weeklies it's about to hit upper Bollinger band levels which have contained it all year. The natural expectation at this point is a correction down, which would fit well with a USD correction up.

quito_ecuador_valdez 15:05 GMT November 11, 2004 Reply   
Bruxville//come on down, have a few cool ones. See 4 urself. Seriously! One nice place. 2,700 wild orchid species, coast, jungle, snow, broads.

mexico ferrer 15:05 GMT November 11, 2004 Reply   
what do u think the eur/usd high will be for the end of the year i bet 50 pips that it will be over 1.3300

Bahrain Within 10 Pips 15:04 GMT November 11, 2004 Reply   
ab it is diving now

Bahrain Within 10 Pips 15:04 GMT November 11, 2004 Reply   
mexico ferrer 15:00 GMT November 11, 2004
bahrain how you did buying eur/gbp??

???


Bruxville Jim 15:04 GMT November 11, 2004 Reply   
Martin// Is there any official acknowledgement of intervention done in recent months?

Buenos Aires dfb 15:03 GMT November 11, 2004 Reply   
Aguante Eugenooo!!!

hk ab 15:03 GMT November 11, 2004 Reply   
10 pips//It has just broken the weekly resistance t/l.

quito_ecuador_valdez 15:02 GMT November 11, 2004 Reply   
Tks martin. My understanding of Asian FX is NOT GOOD, hence appeals & postulates to you guys who live/trade there. Tks for heads up on retrace...can see why your or anyone's system is setting off bells based on last 3 years..my model says 500 more pips more such as the 3 or 4 (interpretation of what is "large peak") large peaks on the way up from 2002. LOL, it'll be fun to see which is more "right". Got that Euro piece done yet? :^) Itchin' to read it.

dc fxq 15:02 GMT November 11, 2004 Reply   
perhaps good reading habits in my case by lousy spelling/typing skills! :)

Had transposed the i and n the first try and left the i out trhe second! :(

Bruxville Jim 15:01 GMT November 11, 2004 Reply   
Valdez, it is nice to know that the capital city of Ecuador is actually a farm in a hidden valley somewhere on the top of Andes:))

mexico ferrer 15:00 GMT November 11, 2004 Reply   
bahrain how you did buying eur/gbp??

Stockholm AGuy 14:59 GMT November 11, 2004 Reply   
dc fxq 14:55 GMT:

d'Anconia actually - OK, so there are two of us here with good reading habits. :-)

quito_ecuador_valdez 14:56 GMT November 11, 2004 Reply   
hk ab 14:47 GMT November 11, 2004
valdez, but DOWJ is very interesting now.

Good point. The question is however will USD devaluation (I estimate 500 more pips) be > than or < than (DowJ or other) Yankee index profits in the eyes of MOF & Co.? That is, HOW Japan sees it? What's your take BTW?

dc fxq 14:55 GMT November 11, 2004 Reply   
that should have been D'Ancona

dc fxq 14:54 GMT November 11, 2004 Reply   
Stockholm AGuy 14:51

As in "Frisco D'Ancoina and Dagney Taggart??????

gold coast martin 14:52 GMT November 11, 2004 Reply   
quito_ecuador_valdez 14:45 GMT November 11, 2004
Just a short answer..Japan is like the 51st state of the USA,,,,,dollar inflows from exporters never allow dwpletion...hence the large amounts used to intervene.....Regarding intervention the BOJ has in the last week been "smoothing" the market to keep yen over 10550,culminating in yesterdays rise to 107+/....
BTW,,,,My system showed retracement to 12720 last friday....wrong timeframe but it is still showing it...so be careful for what you wish,......g/t to all....

Bahrain Within 10 Pips 14:51 GMT November 11, 2004 Reply   
hk ab 14:47 GMT November 11, 2004
10,449 it won't as intersting

Stockholm AGuy 14:51 GMT November 11, 2004 Reply   
quito_ecuador_valdez 14:49 GMT:

...and your real name is Midas Mulligan? (Let's see how many of you get THAT reference!)

quito_ecuador_valdez 14:49 GMT November 11, 2004 Reply   
I'm 100% puro retired GRINGO (thank you very much) living happily in the Ecuadorian Andes pure mountain air on a farm located in a hidden valley..one way in, one way out and the general area is guarded by two military forts as heavily as I could imagine. Que tenga un buen dia.

hk ab 14:47 GMT November 11, 2004 Reply   
valdez, but DOWJ is very interesting now.

Tolminkiemis 14:46 GMT November 11, 2004 Reply   
boring....

quito_ecuador_valdez 14:45 GMT November 11, 2004 Reply   
Another question, Sydney and martin: If Japan lessens its USD reserves, wouldn't that make Yen more valuable/desirable, solving some of the differential weight?

AR MR 14:45 GMT November 11, 2004 Reply   
Bruxville Jim // Latinoamerica ;)

Bruxville Jim 14:43 GMT November 11, 2004 Reply   
...America Hispana or is it America Latina?

Bruxville Jim 14:43 GMT November 11, 2004 Reply   
AR MR 14:33 // Si, Valdez habla Espanol... Es de Quito en Ecuador:)

quito_ecuador_valdez 14:41 GMT November 11, 2004 Reply   
martin & Syd, let's talk spec: when do you guys see MOF intervening..at 1.32 as commonly believed or yet higher? Right now I'm not putting as much bias to "common beliefs" BTW.

quito_ecuador_valdez 14:37 GMT November 11, 2004 Reply   
ab// Right! Japanese paper. I didn't consider that..so it's yet one MORE option which lessens chances for reinvestment into U.S. instruments. Monday will be an interesting day & the OCT 13th support line only increases with time & at a healthy increase each day.

gold coast martin 14:35 GMT November 11, 2004 Reply   
hk ab 14:32 GMT November 11, 2004
...OR japanese treasuries and govnt. bonds and MOF use the proceeds to intervene in currencies....g/t

AR MR 14:33 GMT November 11, 2004 Reply   
quito_ecuador_valdez, hablas español?

hk ab 14:32 GMT November 11, 2004 Reply   
Valdez, I think another choice is Nikkei.

Tolminkiemis 14:31 GMT November 11, 2004 Reply   
and one more think all they wanna do with proceeds is planned ahead for a month and derivative desks do the structures for them

London Geda 14:30 GMT November 11, 2004 Reply   
what do u think guys of going shrt USDCAD here,,,?
i see it a good entry ;)

quito_ecuador_valdez 14:30 GMT November 11, 2004 Reply   
Tks Sydney!! That means that more valued than US data - what's gonna happen with the coupon money..does Japan keep those dollars, reinvest them in more US paper or do they convert them to Au & European paper? IF they keep the USD, nothing changes. If they don't look for €/$ 1.30 to be support. And would Japan invest in Euro given Germany's lackluster data? The choices are narrowing for reserves. I see CHF, GBP, Au as the options, & Au is now being inspected for a larger ratio in recommended portfolios (per Bloomberg's reports).

Tolminkiemis 14:28 GMT November 11, 2004 Reply   
Everything is discounted forget it Nov 15 is as good as January12

Sydney 14:24 GMT November 11, 2004 Reply   
quito_ecuador_valdez - payments due 15 Nov

Sydney 14:22 GMT November 11, 2004 Reply   
quito_ecuador_valdez - 15 nov

quito_ecuador_valdez 14:18 GMT November 11, 2004 Reply   
TOKYO IM HK bc- Do you know when Japan's USD coupons are due? Can you find out please? To clarify, when are the coupons matured - ready to convert to USD cash? There are billions of USD's tied up in that one event. If you could find this, it would be extremely helpful.

2nd question..do you think they will simply keep the USD from the coupon renderings or sell them? That in essence will decide things & either aid the devaluation of the USD or just have no effect depending on what they do with the cash. My bias weight is negitive for USD therefore.

Hong Kong Qindex 14:17 GMT November 11, 2004 Reply   
GBP/USD : Current Comment.  Register with Jay at [email protected] if you have no access to my page.

Bahrain Within 10 Pips 14:14 GMT November 11, 2004 Reply   
Dow Might slide from Open
11/11/2004 9:30 10,444 10,142
11/11/2004 9:40 10,442 10,139
11/11/2004 9:50 10,440 10,137
11/11/2004 10:00 10,437 10,135
11/11/2004 10:10 10,435 10,132
11/11/2004 10:20 10,434 10,129
11/11/2004 10:30 10,432 10,127
11/11/2004 10:40 10,430 10,124

Further then that the highs are lower

Bahrain Within 10 Pips 14:07 GMT November 11, 2004 Reply   
Dow Monday 10,000

Bahrain Within 10 Pips 14:04 GMT November 11, 2004 Reply   
Dow going roller coster
http://kalzayani.freewebsites.com/Charts.htm
Last Chart

Tolminkiemis 13:59 GMT November 11, 2004 Reply   
Chaps do not give a chance for eur ;-) good sellers on new intraday highs

HK Kevin 13:58 GMT November 11, 2004 Reply   
My market sense tells it's a range and quiet market today. Expect EUR to trade between 1.2840 (a lower low than yesterday) -1.2910. Just sold small positions at 1.2906. We haven't seen the daily low yet.

quito_ecuador_valdez 13:52 GMT November 11, 2004 Reply   
Don't ya just love the double talk FX "news"? Must be sponsored by Trichet. LOL but Check this:

"Dollar aims for further correction"
INVESTICA Ltd - Thursday November 11, 2004 - 11:14:08 GMT

preceeded by:
Forex:"Dollar visits old highs".
Thursday November 11, 2004 - 12:50:49 GMT

How in blazes is "visits old highs" anything congruent with "aims for further correction"? I think the correction should be in thinking. Apparently there is a lot of HOPE that a correction "should" come since 1.25.

Gen dk 13:44 GMT November 11, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Ldn 13:38 GMT November 11, 2004 Reply   
Is the fx out in NY today also

quito_ecuador_valdez 13:36 GMT November 11, 2004 Reply   
Here she goes..another $ell spike. It's calculated, expertely sold off, lots of $ too. DOES SOME ONE KNOW when the Japan coupons are matured? That would be the $64,000 question...rumors of prop up for $ aside. Please post.

houston st 13:36 GMT November 11, 2004 Reply   

GEP -- many thanks...just got out too early...good trades to you...

Tolminkiemis 13:35 GMT November 11, 2004 Reply   
as I mentioned a stealth war will kick in soon 1.2940 area. Shortermers will fade the spike....serious longtermers are full will look for better levels.

quito_ecuador_valdez 13:32 GMT November 11, 2004 Reply   
The two peaks..yesterday and the 8th plus more peaks before tell me there's strong USD sellers exiting at optimum moments dumping calculated batches to not disturb the price. Any word on Japan's supposed non announced intervention of USD? They've billions of $ in coupons this month to collect...rumor: Japan controlling USD temporarily til after coupon liquidation. If true (well, the coupon part itself is fact) when coupons liquidated, all artifical props for USD will be eliminated: straignt up path to 1.30++ & sustaining that level as support to bump higher. I don't see a decent short opportunity in €/$ actually despite it's popularity. I look at the 1 yr & 3 yr chart to verify this. Remember those who shorted at 1.25 expecting a retrace to 1.22? Vous ja de..it never happened.

Support now is the inclining line drawn from 10-13 to 11-3..hits today at 1.2850+ which was last night's low, backing up my claim, support line higher daily. It's stacking up to seek 1.30 as support friends..LOOK AT THE CHART. Positive US news yesterday had zero effect other than temporary whipsaw. Bottom line, I wouldn't short long term yet...faulting some 500 pips for a 200-300 pip retrace based on my model. I keep waiting for cheap Euros to extend my 1.2900 but there ain't none 'cause the support simply won't allow it. Shucks.

hk ab 13:32 GMT November 11, 2004 Reply   
When the rate differential between USD and CHF is getting larger, it's strange to see more strength in chf than eur. Something is brewing again?

Livingston nh 13:28 GMT November 11, 2004 Reply   
Tolminkiemis - BoJ should be raising rates but that's a story for another time

Tolminkiemis 13:25 GMT November 11, 2004 Reply   
Livingston nh , BOJ would like to, but they have unsolvable mathemitical problem too many 000.000 on their official rates.

Livingston nh 13:22 GMT November 11, 2004 Reply   
Any thots about the Korean rate cut - other Asian CBs to follow?

Bruxville Jim 13:22 GMT November 11, 2004 Reply   
the range might gradually widen or skew a bit of course. ok, off now.

Santo Domingo tht 13:21 GMT November 11, 2004 Reply   
EUR/GBP above 0.7 and EUR/JPY above 137.40 supporting EUR/USD. EUR/JPY is above long term res. line going bak to May 2003.

Tolminkiemis 13:19 GMT November 11, 2004 Reply   
KL, let it be that way it supposed to be. I'm a fatalist.

Bruxville Jim 13:18 GMT November 11, 2004 Reply   
better replace 'for months to come' with 'until everyone expects the range to continue indefinitely'...

Bruxville Jim 13:15 GMT November 11, 2004 Reply   
Bears selling lows for 1.25, bulls buying highs for 1.35, let's fool everyone and stay in this range... (big daddies chatting)

KL KL 13:14 GMT November 11, 2004 Reply   
Tolminkiemis, yep looking for a possie to take before I go out to get some food...maybe siesta. Your possie still open...not tempted to close it LOL...may not get a better offer later...gl gt

Bruxville Jim 13:13 GMT November 11, 2004 Reply   
market goes round 'n' round, spinning around...

Seriously feels like 1.28/1.30 range for months to come. Why not?

Bruxville Jim 13:10 GMT November 11, 2004 Reply   
Re:13:00 - multiyear uptrendlines in these pairs are in arm's length reach...
Summary of the day so far - Cable sold off accross the board. Not much affect on other pairs.

Tolminkiemis 13:09 GMT November 11, 2004 Reply   
snappy, snapy 12901 so far....

Bahrain Within 10 Pips 13:08 GMT November 11, 2004 Reply   
aussie Might good sell at .7650 area

Tolminkiemis 13:05 GMT November 11, 2004 Reply   
KL my pal are u alive?

KL KL 13:04 GMT November 11, 2004 Reply   
Bruxville Jim , well in this London/ny session just hanging around 432-433.5...need decisive break below 430 or above 435 to rattle the market a bit. Perhaps all waiting for London to close shop to move them

ftse - still short 4769....waiting for NY

I am using 3 broker on the left of screen and will use all by end of year

Tolminkiemis 13:04 GMT November 11, 2004 Reply   
15 more pips and stops will kick in in eurusd

Dallas GEP 13:04 GMT November 11, 2004 Reply   
ST incredible call on eur/gbp. Congrats Great Job

Bruxville Jim 13:00 GMT November 11, 2004 Reply   
GBP/CAD dropped below 2.2000, GBP/CHF below 2.1700... anyone nuying into these bargains? Gotta allow for some stop eating in advance...

Tolminkiemis 12:58 GMT November 11, 2004 Reply   
bruxv// u r right on figures

Bruxville Jim 12:54 GMT November 11, 2004 Reply   
T-kiemis// LOL:) But I think I was correct on those numbers, wasn't I?

Bruxville Jim 12:53 GMT November 11, 2004 Reply   
Piercing that 0.70000000000000 line over and over again... should I short this again???

gold coast martin 12:53 GMT November 11, 2004 Reply   
Bruxville Jim 12:50 GMT November 11, 2004
Jimbo...in plain english it means "farted"/////

Tolminkiemis 12:52 GMT November 11, 2004 Reply   
bruxv// u r right young generation chooses pepsi, a ne kvas.

Bruxville Jim 12:50 GMT November 11, 2004 Reply   
BTW, what does 'piornul' mean?

Bruxville Jim 12:50 GMT November 11, 2004 Reply   
Tolminkiemis// Lietuvishkis mokyty in mokyklas etot jazik? naujas studentas nezhin , ili zhin? (bljamba, ne zhinu Lietuvishkiu valoda:)

Tolminkiemis 12:45 GMT November 11, 2004 Reply   
Bruxv//// nu ty skazal kak piornul... v litve vsegda menshe ruskix zylo nu litovcy vsegda luche po rusky kumekali. tak chto ne parsia. vsio s litovcami okeino. Te knot zyl togda eto ne zabudet nikogda ;-)

Tolminkiemis 12:42 GMT November 11, 2004 Reply   
goal coast, I think the real war will start at 1.2940 area. Short termers might kick there in to fade the upswing with sl above 1.30000

quito_ecuador_valdez 12:42 GMT November 11, 2004 Reply   
BTW creditcard data theft used to involve digging thru garbage in retail store dumpsters to get the carbon paper used in the card forms (when they existed) and thrown away customer copies. So I put 2 mandatory shredders in my store's check out area under the TV cam. Now employees of businesses get the electronic data as it comes in online from purchases...some unscrupulous "businesses" online are only there to obtain then sell your data (for very nice profits) to other thieves who then use the data. How? Online "firms" offering rock bottom prices, often under cost, to lure customers to "buy" but the profit is made by selling your data. It's not so much hackers, (infrequently in fact) it's just blatent easy theft.

ICT ML's & my 2nd edition Gold Link List will appear Monday on Help Forum. Focus: the Mid East & other Islamic countries are unifying their currencies..not paper like the funky Euro..solid gold coins & gold notes like USA once had. New safehouse emerging? Gold Dinars. Ancient currency reborn. It's already in use over 1 year..Micronesia & other Islamic countries now trade in it, less demand for €s & U$Ds every day. See the story on the gold links Monday. The Islamic dream, however insane some think of it, of world domination, some feel is becoming more real.

Bruxville Jim 12:41 GMT November 11, 2004 Reply   
martin// I may warn you that Lithuanians on average are very poor in Russian language... Very few Russians there (is it 5% of population?)... More of them here in Latvia - about 30% :(

Tolminkiemis 12:39 GMT November 11, 2004 Reply   
KL KL how's yr futsey by the way?

Bruxville Jim 12:38 GMT November 11, 2004 Reply   
Obviously, there is still substantial interest to buy E/$ from lower levels... some late comers hedge funds maybe?

gold coast martin 12:37 GMT November 11, 2004 Reply   
Tolminkiemis 12:34 GMT November 11, 2004
skazano, cdelano:)...g/t

Bruxville Jim 12:36 GMT November 11, 2004 Reply   
KL KL 12:31 GMT// Why an indifferent day in oil and gold? Both are slowly stepping down...
434.5-> 432.5 (spot gold)
48.70-> 48.30 (dec oil)

Tolminkiemis 12:34 GMT November 11, 2004 Reply   
eurusd we'll c a snapback to 1.29xxx area to take those shorts just established in the morning. Warn, it's my view, u have a very right to ignore it

SA Pat 12:33 GMT November 11, 2004 Reply   
KL
which broker ur using ?

Bruxville Jim 12:31 GMT November 11, 2004 Reply   
anmart// Thank you. BTW, do you sometimes take your profits early or usually sit on your hands 'til initial TP is hit?

KL KL 12:31 GMT November 11, 2004 Reply   
TLN jack8, not sure what I am doing...just trying to catch knives...need some practice..LOL....looking at gold and oil...looks like indifferent day.....so thin markets can move fast and to lock in u need to move faster to lock in gains

Tolminkiemis 12:30 GMT November 11, 2004 Reply   
Re Arafat's funeral it is on SATURDAY! wow. Brux/// u r right it is ciems

Tokyo IM 12:28 GMT November 11, 2004 Reply   
What worries me the most is USD/JPY is not moving much ...

Bruxville Jim 12:28 GMT November 11, 2004 Reply   
Tolminkiemis// Does 'kiemis' stand for 'village' in Lithuanian? Sounds similar to our Latvian 'ciems'...

sofia anmart 12:27 GMT November 11, 2004 Reply   
Bruxville Jim 12:19 GMT November 11, 2004
anmart// do you use any stops/trailing stops?

Yes, stop is placed at 194.80.

Tokyo IM 12:26 GMT November 11, 2004 Reply   
1225 GMT [Dow Jones] The accelerated losses EUR/USD suffered Wed produced a third consecutive lower daily close, says Merrill Lynch, and a bearish outside reversal pattern. A daily close below 1.2890 Thu would be damaging, especially if the 1.2830 support trendline from Oct/Nov is breached. Now at 1.2861. (GS)

Tolminkiemis 12:26 GMT November 11, 2004 Reply   
Reading dignitaries list to attend Arafat's funeral....No representetive from Israel! Do the Palestinians plan the funerals on Sabath or it's something else? Shalom

Bruxville Jim 12:25 GMT November 11, 2004 Reply   
Will we have another marginal low @1.2840 and a rally up from there to 1.29's?

Tolminkiemis 12:22 GMT November 11, 2004 Reply   
Bruxville Jim, Latvia, lab dien

Bruxville Jim 12:22 GMT November 11, 2004 Reply   
Hello, T-Kiemis;)
You missed a 10 pips collapse in E/$ and a fresh post from our Indonesian pal... nothing there, market is on holiday.

Bruxville Jim 12:19 GMT November 11, 2004 Reply   
anmart// do you use any stops/trailing stops?

Tolminkiemis 12:18 GMT November 11, 2004 Reply   
Me! Back! ...have i missed something?

sofia anmart 12:12 GMT November 11, 2004 Reply   
GBP/JPY-196.85. We buy at 196.55 for 199.20.

Indonesia-Solo Raden Mas 12:08 GMT November 11, 2004 Reply   
gbp/usd still will make new low at 1.8366/57. maybe buyers will act there !!

Indonesia-Solo Raden Mas 12:06 GMT November 11, 2004 Reply   
hello !!

houston st 12:02 GMT November 11, 2004 Reply   

GEP -- out of eurstg @ 98...hit and run for +23...much luck to all on this holiday...

SanFrancisco TG 12:01 GMT November 11, 2004 Reply   
Both currently reside at the bottom of the Asian/European/London session ranges.

SanFrancisco TG 11:59 GMT November 11, 2004 Reply   
EurYen and EurChf have held the wider ranges overnight, with this being a holiday in Canada and the US it makes sense to me to hit those currencies unless something changes.

Rivonia PipPirate 11:55 GMT November 11, 2004 Reply   
Riyadh ZB 11:26 GMTYou have done your homework ok, but Her Majesty is wearing a large long dress so it is difficult for her to jump over this little trend line hurdle. Must first put mini skirt on.

Bahrain Within 10 Pips 11:52 GMT November 11, 2004 Reply   
Quito/
Now days Hacker are better then that...
They take small amounts with higher frequency...so that U don't notice

TLN jack8 11:52 GMT November 11, 2004 Reply   
KL, are you trying to catch every move?

quito_ecuador_valdez 11:51 GMT November 11, 2004 Reply   
With electronic banking you can add to your debit card acct right before you do major purchases with it.

11-Nov All times GMT es=estimate pr=previous
U.S., France, Canada: Mkts Closed: Holiday
Thin mkt - 3 countries on vacation..here's Thursday's thurkey shoot, I included past events today simply for analysis:


AUD Employment Change OCT 0:30 es=20.00 pr=63.50
AUD Unemp Rate OCT 0:30 es=5.6% pr=5.6%
AUD Participation Rate OCT 0:30 es=63.6% pr=63.6%

JPY Machn Ordrs MoM SEP 5:00 es=1.3% pr=3.1%
JPY Machn Ordrs YoY % SEP 5:00 es=8.1% pr=5.4%

EUR Germ.GDP s.a. QoQ 3Q 1 7:00 es=0.3% pr=0.5%
EUR Germ. wda YoY 3Q 1 7:00 es=1.6% pr=1.5%
EUR germ. nsa YoY 3Q 1 7:00 es=1.5% pr=2.0%

CHF Retl Sales Real YoY SEP 8:15 pr=3.1%
CHF Adj Real Retl Sales YoY SEP 8:15 pr=-0.9%

EUR ECB release Nov mo. rept 9:00

GBP UK Q3 Housebuilding 9:30

NZD ANZ Job Advertsmnt Series OCT 12:00 pr=-0.2%
NZD RetlSales MoM SEP 21:45 es=0.0% pr=0.0%
NZD RetlSales Ex Inflatn QoQ 3Q 21:45 es=1.8% pr=0.8%

JPY GDP QoQ 3Q P 23:50 es=0.5% pr=0.3%
JPY GDP Annualized Q3 P 23:50 es=2.1% pr=1.3%
JPY GDP Deflator YoY Q3 P 23:50 es=-2.5% pr=-2.7%

quito_ecuador_valdez 11:47 GMT November 11, 2004 Reply   
Bahrain Within 10 Pips 11:16 GMT November 11, 2004// Consider using a debit card attached to a sepearate checking account and only putting money in it sufficient to cover emminent purchases right before the purchase. That way your account is at minimum level UNTIL you need to purchase. Some give air miles for all purchases too. Your credit card however should be ultimately protected ..look into it.

KL KL 11:47 GMT November 11, 2004 Reply   
out again gbpusd short +3 at 1.8394...

KL KL 11:42 GMT November 11, 2004 Reply   
out +10 on gbpusd short long again at 1.84....wheee out +7 , long again 1.8385....out +12 and SAR 1.8397 i.e short here...the trend is down now...imho

Riyadh ZB 11:28 GMT November 11, 2004 Reply   
any one here of peter Bian

Riyadh ZB 11:27 GMT November 11, 2004 Reply   
any on with me

Riyadh ZB 11:26 GMT November 11, 2004 Reply   
gbp/usd will go 183.72 if break this it iwll go 183.30

Riyadh ZB 11:25 GMT November 11, 2004 Reply   
seem like euro/usd will be going lower

KL KL 11:25 GMT November 11, 2004 Reply   
hooray...its raining in gbpusd long 1.8399 got to be fast

Riyadh ZB 11:23 GMT November 11, 2004 Reply   
Hi how are you guys

Bahrain Within 10 Pips 11:23 GMT November 11, 2004 Reply   
seems that yahoo and other sites are beating the credit card dudes with security...with email!!!

Longing Euro around 1.28

KL KL 11:23 GMT November 11, 2004 Reply   
Tolminkiemis, both....in days like this all mine....or shall I say all in like poker...LOL. I position trade for clients when a clear trend appear. most are happy with 5-9% return a quarter ...I am not, I like the risk / reward!!

Bahrain Within 10 Pips 11:20 GMT November 11, 2004 Reply   
Longing cable around 1.8312 area

Tolminkiemis 11:17 GMT November 11, 2004 Reply   
KL, do you trade your own account or cliets' ones?

Bahrain Within 10 Pips 11:16 GMT November 11, 2004 Reply   
Just got some money stollen off the credit card...
I don't understand why the credit card people wont put a toggle switch for credit card User in the internet..
The user Just logs in the credit card thing and enables the credit to go through...
switch it off when he / she doesn't see that he will use it

KL KL 11:08 GMT November 11, 2004 Reply   
out gbpusd +2 at 1.8427....lucky too should have taken the 31...but never mind 2 is ok better than -20

KL KL 11:04 GMT November 11, 2004 Reply   
ok long gbpusd 1.8425...not sure why the sudden weakness

knoxville dan-k 11:02 GMT November 11, 2004 Reply   
traded and trade the market for years and past is a good teacher look at the chart on goog, and compare it to others from 1999-2000 and think where it will be in a year from now--lol

Tolmikiemis 10:54 GMT November 11, 2004 Reply   
Ok I got your point. But if u wanna control the world by the White House ;-). What comes to the stocks trading, and especially GOOG.O now, I say too much easy money in the market not a big choice where to put them. So people just grab anything they get hands on. The funds just do not care, it just another small peace of divercification for them. Mkt is too small and too much money. So one pays dearly for this engine. Time will show who's right who's wrong.

KL KL 10:50 GMT November 11, 2004 Reply   
Tokyo IM, I did short it at 201....nearly gave me heart attack as it went up .60 more cents. was out at 170. Hard to play cos the margin is 10% or more sometimes. Can get margin call with $1 - $3 moves sometimes


Right now I just shorted ftse 4670....I think more volatile here

Cape Town 10:47 GMT November 11, 2004 Reply   
Tolmikiemis /// 'In the long term, the importance of search in controlling access to the Internet cannot be overstated, in the view of Brewster Kahle, the founder of the Internet Archive, a nonprofit organization based in San Francisco that maintains a complete copy of the contents of the World Wide Web. "The level of mind space that provides is enormous,'' Mr. Kahle said. "If you want to control the world, it's essential that you be there."'

Hertfordshire, DA /// London-based software, high-speed corporate connection. Connection speeds. adsl, etc. also quite okay from the tip of Africa.

Hertfordshire DA 10:41 GMT November 11, 2004 Reply   
This is to Cape Town... What platform do you use to trade from South Africa?? And just to ask what connection speed to you have. Thinking of going to live in cape town for a year or so. Thanks

Tolmikiemis 10:39 GMT November 11, 2004 Reply   
Cape Town...ok and your point is....?

Tolmikiemis 10:38 GMT November 11, 2004 Reply   
All internet platforms trade against you. So micro trading must be avoided. Platforms use wider spreads than the mkt, sometimes slow on px changes. THEY DO TRADE AGAINST U. So my advise is to trade a bigger swings and plan ahead.

Cape Town 10:35 GMT November 11, 2004 Reply   
Tolmikiemis, 10 websites get 20% of all web traffic on the planet.

KL KL 10:33 GMT November 11, 2004 Reply   
Dallas GEP , IN means buying the OFFER to long the currency or to SELL short the currency, the figure I use is the BID figure on offer. spread between bid/offer range 3 - 8 pips more with gbpjpy sometimes...hope that helps...maybe confuse even more people...LOL

haiya gbpusd should have eh...oh well look to short now...just looking....with hands on trigger....waiting to shoot the object that poke its head up too high

Dallas GEP 10:32 GMT November 11, 2004 Reply   
YEp, that platform will work as MOST will once you get used to them. Be back later

london paul 10:32 GMT November 11, 2004 Reply   
Agreed, they only let you in and out quick if your wrong and it costs you money!

Tolmikiemis 10:32 GMT November 11, 2004 Reply   
it is a mistery for me how simple search engine can go up 100% in couple of month. Wake up people, it is a search engine after all.

Dallas GEP 10:31 GMT November 11, 2004 Reply   
Yes PAUL for instance RIGHT NOW gbp/usd is 1.8445 BID or SELL (SHORT) price on my platform and 1.8450 ASK or BUY (LONG), As you can see the I have a 5 pip spread on GBP?USD

Lndn Frnd 10:31 GMT November 11, 2004 Reply   



Dallas GEP 10:28 GMT November 11, 2004
tried many many platforms now satisfied with rifco what you say

hk ab 10:30 GMT November 11, 2004 Reply   
A short comment on yesterday data.
The trade deficit is clearly correlated to the oil price.
US should think about the most efficient way to lower the crude by all means.

Dallas GEP 10:28 GMT November 11, 2004 Reply   
Soory about the multiple posts but a word of caution to taking VERY quick possies on SOME platforms. Some platform providers will take you OFF auto-execution if they see you are very quickly IN and OUT of possies (say within a couple of minutes or so). They consider this scalping and while it is not technically against the rules so to speak it is considered like counting cards in blackjack, they in effect tell you can't play. If you do not have auto-execution that is VERY important so you DO NOT want to lose that, Otherwise EVERY time you take a possie it will have to be manually accepted by the trade desk,

london Paul 10:28 GMT November 11, 2004 Reply   
Dallas GEP: Ask on your platform??

Tokyo IM 10:27 GMT November 11, 2004 Reply   
KL if you need volatility go try to trade GOOG.O CFDs they got plenty of TNT in there .

Dallas GEP 10:22 GMT November 11, 2004 Reply   
As further clarification on my posts if I say I am long at 1.8444 GBP/USD that means I have bought gbp/usd at 1,8444 ASK on my platform .

KL KL 10:18 GMT November 11, 2004 Reply   
ok out gbpusd long +3 pips...I need volatility.....someone get me some TNT and put it under all the currency...boo to today's gamma, theta.

Dallas GEP 10:18 GMT November 11, 2004 Reply   
KL just to clarify for the newbies when you say IN at 1.8439 are you telling us that you got in when the BID was 1.8439 (1.8444 ask on my platform)?????

Tolmikiemis 10:17 GMT November 11, 2004 Reply   
Dallas, and if u do pipping ;-). You need a good platform for that like one click executions. I hope you use something like this. Even this does not help all the time as in the fast breaks internet platforms tends to slow or shut down. It's their little tiny tricks to protect themselves.

KL KL 10:11 GMT November 11, 2004 Reply   
GEP , u r right...what a difference 8 minutes makes, fwiw I am in again gbpusd long 1.8439 very short term play ..hope to get back my 10

Dallas GEP 10:11 GMT November 11, 2004 Reply   
Tolley (hope you don't mind the abbreviation) may indeed be correct here. Pip raiding DOES require quicker movements than we are getting

Bahrain Within 10 Pips 10:11 GMT November 11, 2004 Reply   
I Just FTPed a chart for cable..Short term
Longing at 1.83 is good
6th chart

london LS 10:09 GMT November 11, 2004 Reply   
ok guys if you want free computer programs go to www.majorgeeks.com

Its full of shareware freeware etc chack it out

Tolmikiemis 10:07 GMT November 11, 2004 Reply   
KL...the problem might be u think too much. Do not try to force mkt move with your thinking just go with a flow, pal. However, the flow is absent today ;-). Take a break? maybe...

Dallas GEP 10:07 GMT November 11, 2004 Reply   
OK I think what is happening RIGHT now is slight USD bias BUT I do NOT think it can be sustained, Need Short term possies that are USD bullish

KL KL 10:05 GMT November 11, 2004 Reply   
double ouch gbpusd got hit again....ok think think .....what is happening

Dallas GEP 10:04 GMT November 11, 2004 Reply   
Well KL we didn't wait long enough on that EURO short, USD/JPY is a MORE stable pair

Bahrain Within 10 Pips 10:03 GMT November 11, 2004 Reply   
Get Yahoo spyware

Tolmikiemis 10:03 GMT November 11, 2004 Reply   
Guys, download the firewall from internet for free to protect u from this internet crap. Zone Labs provide good one. You control the traffic there yourself allow access or deny it. It is for free.

Hemel UK Alanfx 10:03 GMT November 11, 2004 Reply   
Bahrain, yep, i used the word virus as a general term mate...

Saihat, yeah best to keep away from them trojans imop

KL KL 10:02 GMT November 11, 2004 Reply   
ouch eurjpy took me out this time...sl working again...rats...not thinking well today

Dallas GEP 09:57 GMT November 11, 2004 Reply   
Well MOM that looks good to me also. I would long usd/jpy with stop @ 106.68 so I would try and get a 106.80 or so Target is 107.25 min. IMO

SAIHAT No_one_will_escape 09:57 GMT November 11, 2004 Reply   
Hemel UK Alanfx 09:51

almost 2 month ago ...i sent my PC to WORKSHOP

becouse of...''trojan horse''

Bahrain Within 10 Pips 09:56 GMT November 11, 2004 Reply   
Corre:
Not Viruses

I posted Short term Yen...
Not in Conflict with the biger chart..says going down...to get the bigger chart level

KL KL 09:56 GMT November 11, 2004 Reply   
ok sick of waiting eurusd short to work wonders..out...+7pip funny my sl at 1.2900 was not taken...la la.

long eurjpy 1.3777 long gbpusd 1.8446

Bahrain Within 10 Pips 09:55 GMT November 11, 2004 Reply   
They are viruses..Just spyware from the host

Dallas GEP 09:54 GMT November 11, 2004 Reply   
Closed +9 pips on EURO short based on fact that GBP looks to possibly hold support for NOW at 1.8440. Plus LOW volume providing LOW volatility

Hemel UK Alanfx 09:51 GMT November 11, 2004 Reply   
Hey Bahrain, I just gottta let you know, and anyone that visits your site...
It is full of virus, 2 different ones mate, They are both spyware, trojan horse downloaders.

Ijust checked it again and my virus program wont even let the page load because it is so infected..

This is not a critism of you, just a "public service announcement" to everybody....


Tolmikiemis 09:47 GMT November 11, 2004 Reply   
Bahrain, usdjpy monthyl trend is bearish. break of 115.00 needs to revers long term trend since jan 2002

Dallas GEP 09:45 GMT November 11, 2004 Reply   
Well I guess it certainly debatable, if we look to the JPY pairs to lead, THEY and specifically usd/jpy looks a little bullish which of course should give us lower eur/usd. I THINK usd/jpy will long back up

Bahrain Within 10 Pips 09:45 GMT November 11, 2004 Reply   
http://kalzayani.freewebsites.com/Charts.htm
Check the Yen for Long Term ...Holy

Gen dk 09:45 GMT November 11, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

hk mom 09:44 GMT November 11, 2004 Reply   
I suggest buy usd/jpy big time.

Tolmikiemis 09:43 GMT November 11, 2004 Reply   
Bahrain ...re your monthly chart. First, hundred traders - hundred opinions, but monthly GBP looks like a triangle formation. Triangles are usually continuation patterns in this case up. As for me top is not confirmed yet. Since feb 29 we c lower highs, and higher lows. Reactionary points 29 feb week, 31 may week, 31july week, 30 september week. WAIT N C

Rivonia PipPirate 09:43 GMT November 11, 2004 Reply   
Talking 'bout hatery, I see SAIHAT, but where is LDN HAT?


Bahrain Within 10 Pips 09:39 GMT November 11, 2004 Reply   
eur might bounce from 1.28

Mfld JM 09:37 GMT November 11, 2004 Reply   
GEP - Normally I don't trade against your sentiment, but with a support line from 10/13 thru 11/10, it looks as though we've seen the Eur low for today.

Bahrain Within 10 Pips 09:35 GMT November 11, 2004 Reply   
Hi Guys...
in My page I posted the chart Link
http://kalzayani.freewebsites.com
Or Just in
http://kalzayani.freewebsites.com/Charts.htm
check the chart for cable...LongTerm...(1 Month) at the bottom
I think U'll change Your mind about Longing these days

TLV B747 09:35 GMT November 11, 2004 Reply   
gold coast martin 09:29 GMT November 11, 2004

it looks like you are right, I heard that the new song from Michael Jackson (Cheater) written for Arafat...some how the two share same wishes for pleasures.

Arafat is short (forever) and also all European ccys. until very early of DEC/04.

gt all

Tolmikiemis 09:35 GMT November 11, 2004 Reply   
gold coast martin, your true identity has been revieled now. Comm'on , Ariel, change the city and nick name to TEL-AVIV, Sharon. Anyway forum is forex, not politics and hatery.

SAIHAT No_one_will_escape 09:33 GMT November 11, 2004 Reply   
london 08:31

'''Sharon said. "Israel is a country that seeks peace ''


i do not belive

gold coast martin 09:29 GMT November 11, 2004 Reply   
TLV B747 09:19 GMT November 11, 2004
Arafat came back because Allah did not keep his side of the bargain to provide him with 70 lonely taliban shepherd boys as promised!!!...hope he tells his story to all other lunatics who strap on the belt with explosives!!!...lol

Tolmikiemis 09:24 GMT November 11, 2004 Reply   
Spotforex NY, I heard Sharon does not like pretzels he eats pork chops.

TLV B747 09:19 GMT November 11, 2004 Reply   
Arafat is alive !!!
but, his funeral scheduled for tomorrow.

according to the informatiom received with me (I trust it); he died @ 04/NOV/2004 14:36 GMT

anyway, this is not FX event !!!

gt all

Mfld JM 09:19 GMT November 11, 2004 Reply   
Short Chf 1.1799 - SL 1.1837 - TP 1.1710 ish

Spotforex NY 09:12 GMT November 11, 2004 Reply   
Sharon's passing would also help in that new era......Can GWB send him some pretzels???????

Tolmikiemis 08:54 GMT November 11, 2004 Reply   
Well seems all fun in FX will wait till tomorrow. Slow day ahead. Coffee, newspapers and swimming pool is a good sequence of action for today.

Dallas GEP 08:38 GMT November 11, 2004 Reply   
Like that possie as well KL, euro short @ 1.2893

london 08:31 GMT November 11, 2004 Reply   
JERUSALEM (AP)--Israeli Prime Minister Ariel Sharon, without mentioning Yasser Arafat's name, said his death can serve as a "historic turning point in the Middle East."
"The recent events could be a historic turning point for the Middle East," Sharon said. "Israel is a country that seeks peace and will continue its efforts to reach a peace deal with the Palestinians without delay."

ICT ML 08:31 GMT November 11, 2004 Reply   
Are European and UK banks off on holiday today?

Syd 08:27 GMT November 11, 2004 Reply   
Germany's Clement: Euro/Dlr Movement Not Without Concern
German 3Q GDP Slowdown Due To Oil, Dlr

Tolminkiemis 08:12 GMT November 11, 2004 Reply   
perrie como, you say you know. wish u GL today

Tolminkiemis 08:10 GMT November 11, 2004 Reply   
KL KL, do me a favor type my city in any search engine. This way you'll remember it better and learn something new.

perrie como 08:09 GMT November 11, 2004 Reply   
tolmin ...i do kapish but maybe you do n....

perrie como 08:06 GMT November 11, 2004 Reply   
this arafat is unbelievable...rite now tv news quoting that he is unconscious but still alive...

but he was wrong not to accept those accords proposed 5 years ago...

I hope for some peace down in the middle east, but maybe is far to complex

KL KL 08:05 GMT November 11, 2004 Reply   
Tolminkiemis, you also a practising Zoombie....LOL. what is the time in your world. GL to you too. btw is Tolminkiemis a place or some derivatives of your name??

ok now I short eurusd 1.2892....sl 8 above

Tolminkiemis 08:05 GMT November 11, 2004 Reply   
perrie como....the guy wanted plain english. it is not my trade it is example. kapish?

perrie como 07:59 GMT November 11, 2004 Reply   
Tolmin funny as on one side you say do not believe everthing here is as saying your posted trade here might go wrong

have a nice day and g/l

perrie como 07:56 GMT November 11, 2004 Reply   
http://www.terradaily.com/

interesting website about eco-enviromental disasters to come

Tolminkiemis 07:56 GMT November 11, 2004 Reply   
London Tokky....Plain english buy usd against jpy around 106.40 area, place stop loss at 105.10, look for a target 109.00. risk 130 pips....I trade this kind of risk without leverage. So buy as much usd as you have in your account. In this way u avoid loosing big.

London Tokky 07:56 GMT November 11, 2004 Reply   
Thanks again, Tolminkiemis

perrie como 07:55 GMT November 11, 2004 Reply   
http://www.conference-board.org/utilities/pressDetail.cfm?press_ID=2511

this about new emerging market crashes

Tolminkiemis 07:50 GMT November 11, 2004 Reply   
London Tokky, means 105.20 is the level where I say "sorry guys, my view was wrong" Meanwhile try to buy the dips when mkt moves lower. How much to buy and when to buy is up to u. Logical stop loss is below 105.20. Can you afford to buy here and let the mkt fall to 105.20 is up to u. Do not risk much is the key. And remember this trade might not bring you overnight fortunes and good life till the end of your days.

gold coast martin 07:46 GMT November 11, 2004 Reply   
is=in...correction

Tolminkiemis 07:45 GMT November 11, 2004 Reply   
KL, hello my friend. So u still not sleeping? breaking your own rules! Is it still same pace 1 deal per hour? Nice to c u live and kicking. GL

London Tokky 07:45 GMT November 11, 2004 Reply   
when you say 'buy dips' you mean limit buy @ around 105.20? Not yet used to the ccy talk.

gold coast martin 07:44 GMT November 11, 2004 Reply   
Tolminkiemis 07:39 GMT November 11, 2004
lol,,,expression of anlysis is simple english by Analysts does always cost them their reputation and jobs.....Dont read too much into analysis as too much of it leads to a syndrome called "analysis paralysis" and does affect ability to trade with clear mind...a little bit of basis techs and a basic understanding of fundamentals will allow you to decide which positions and trading style suit your position...g/t

London Tokky 07:43 GMT November 11, 2004 Reply   
Thanks Tolminkiemis

Tolminkiemis 07:43 GMT November 11, 2004 Reply   
TAKE A LOOK. usdjpy and rsi daily chart...divergence has been confirmed y-day. Critical level is Nov 8 low around 105.20. Look to buy dips, reasonable targets 109 area.

KL KL 07:41 GMT November 11, 2004 Reply   
I was out earlier eurusd long at 1.2883 at 1.2893....+10 now looking to sell this attempted rally...just a bit more to make it juicier. It has been a tough day to trade...not much news to move ...so looks like a day to sleep/rest!!

Tolminkiemis 07:39 GMT November 11, 2004 Reply   
London Tokky, it says picture messy stay out. Market will settle down. It amazing how people are not able to express their ideas into simple, plain English

London Tokky 07:34 GMT November 11, 2004 Reply   
CAN SOMEBODY PLEASE INTERPRET THIS TO ME IN SIMPLE TERMS FOR EUR/USD? ANY OTHER RELATED CROSS? Thanks.

The weak German GDP number prompted an initial test of the downside in [EUR/USD] as the 1.2870/80 bids were tested, with these again holding as the chatter of Asian bids continues to do the rounds. The fallout from yesterday's moves, the Fed rate hike and firming up of the economic language has left the market nervous, with reasons to persist with the Dollar retracement. The recent downside attempts in Eur/Usd have a history of failing however and of being expensive, as such the market is likely to favour a sell rallies into 1.2930-50 or on a break of 1.2850. More GDP reports (Spain and Holland) and the ECB monthly report are due up, along with another speaking engagement from Trichet. For now we look for 1.2930-50 to house the topside selling interest and for consolidation to remain favoured.

Tolminkiemis 07:30 GMT November 11, 2004 Reply   
So do not believe everything said here.

Tolminkiemis 07:29 GMT November 11, 2004 Reply   
Singapore, he got the news from prostitutes on Israel streets.

Singapore 07:26 GMT November 11, 2004 Reply   
combo: where you get that news from?

perrie como 07:24 GMT November 11, 2004 Reply   
Yes Arafat gone too...funny as doctors said It's not leuchemia not that, nor that...but HIV....

also saw around that bird flue has 50 pct of killing probabilities...maybe debts will be reduced by lowering over population, I guess?

perrie como 07:21 GMT November 11, 2004 Reply   
It is today "Deep Trade Deficit 55"

gold coast martin 07:21 GMT November 11, 2004 Reply   
gold coast martin 19:48 GMT November 10, 2004
While right now euro and chf are seeming to consolidating and putting a cap on the dollar hence $-ve,with the coming of the Asian session the clash between funds trying to push the euro back to 129990 will resume...The difference is that i think the level of tolerance from the Japs has been reached..so look for a 10850-109 during the Asian session which will be $+ve...g/t
Whether its the boj or exporter-friendly funds the result will be the same.......

This was posted yesterday on GVI ...What it means is that the euro and all its little cousins are at the mercy of the yen short term....so a short AUD at 7585-90 level for a target of 7505,stops at 7618,,has good risk/reward ratio...g/t

Syd 07:14 GMT November 11, 2004 Reply   
Sydney Alimin surprised it didnt go through 76 after the good numbers today which means its will try the downside now would imagine

Tolminkiemis 07:12 GMT November 11, 2004 Reply   
Sydney Alimin. Ozzy a bit more tricky note it has not broken Nov 9 low at .7550 yet. One should be more careful there. GBP, JPY, EUR all have this pattern prev. day low break.

gold coast martin 07:11 GMT November 11, 2004 Reply   

Trichet speaks at the OECD meeting at 1100GMT. Of course his remarks will attract attention given his and other Eur officials concerns over Eur strength recently. Generally his tone of warnings is still weaker than that in Jan at G10 in Basel, and the mkt seems to be thinking their concerns are the speed of the Eur's rise and not the level. Whether the [EUR/DLR] has hit the s/t peak around 1.30 is not certain, or l/t fund and real money accounts appear having decided to start buying the pair after missing at the 1.28-1.24 zone. An immediate resumption of uptrend for instance tonight may provoke further warnings given the aforementioned pace of the rally. 1.2850-30 is biddish. Series of triggers are reported from 1.3020 to 70. 1.2950 breach would be the initial sign for upside. Also watch 1.2850/10 resilience. g/t

Sydney Alimin 07:09 GMT November 11, 2004 Reply   
aud is good for some shorting play IMHO

Hong Kong Qindex 07:01 GMT November 11, 2004 Reply   
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Tolminkiemis 06:51 GMT November 11, 2004 Reply   
Note. After y-day spikes and long up and down shadows on intraday candle chart market found the equiliblium at the low end. So my conclusion is that euro might be heavy today.

Ldn 06:49 GMT November 11, 2004 Reply   
US Economy moving toward sustainable growth says BOJ

Tolminkiemis 06:46 GMT November 11, 2004 Reply   
For the short-termers, 1.2940 area is the first intraday resistance nicely established during the rally from 1.2850 y-day. 1.2940-1.3000 very much neutral.
For the long-termers, nothing has changed, a bit more nervous mkt but still bullish. Very good reference point for the bulls 1.2750 area post-payroll low from friday.

mexico ferrer 06:43 GMT November 11, 2004 Reply   
hi 50 50 game

Hong Kong Qindex 06:42 GMT November 11, 2004 Reply   
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Tolminkiemis 06:35 GMT November 11, 2004 Reply   
Hello to all members of the up or down game.

mexico ferrer 06:22 GMT November 11, 2004 Reply   
what do u think eur /usd low will be for today??

Hong Kong Qindex 06:13 GMT November 11, 2004 Reply   
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Ldn 06:02 GMT November 11, 2004 Reply   
ECB Papademos - Doesn"t Welcome Excessive FX Volatility

KL KL 05:53 GMT November 11, 2004 Reply   
long eurusd 1.2883 and gbpusd at 1.8462...sl 10 pips unless specified....

Rye, NY et 05:52 GMT November 11, 2004 Reply   
London Tokky 05:44 GMT November 11, 2004
Frankly, I think you should take Orlando's advice. The market can very easily move 100 pips in either direction from here. And next week will bring an unusual amount of volatility. There's no shame in taking a loss. Better to lose a few pips than to blow up your account. GL/GT

Hong Kong Qindex 05:48 GMT November 11, 2004 Reply   
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orlando jcr 05:46 GMT November 11, 2004 Reply   
tokky,

FWIW I don't think you'll see 1.2902 in the short term.
Ther market is barely moving right now. France, US, and Canada are closed for holiday on Thursday.

You may get some volitlity on a thin market without those players, but it could easily be in the other direction (some are looking for 1.2840).

You may want to consider an exit point for your position that you are comfortable with to take a small loss and make it up on another trade.

London Tokky 05:44 GMT November 11, 2004 Reply   
Orlando jcr & Rye, I appreciate your comments.
Yes I am a new trader and it is short term. Thank you.

Rye, NY et 05:37 GMT November 11, 2004 Reply   
London Tokky 05:25 GMT November 11, 2004
The answer to your question depends on several factors:your stop, your target, and your leverage. Generally speaking, your stop should represent no more that 5% of your acount balance and your target should be at least twice that. If you're trading intra-day and looking for 50 pips or less, I would certainly not add to the position...I would think more in terms of reducing it. Now, 50 other traders will give 60 different answers to this question, but if you're a new trader, you might want to think about it as I have described.

orlando jcr 05:37 GMT November 11, 2004 Reply   
tokky,

Whether you "average" your position has many factors.

1. how leveraged are you and what is your comfort level with risking more capital.

2. What has changed in the market conditions - will your original target price still be achieved within your time frame, or do you need to average your position down to meet a new target at desired profit.

3. What is the goal of your position. Is it a short-term 'scalp' and you need to average it down to get out at a profit (with some assurance that it will happen) or are you going for a longer term position that doesn't merrit additional risk and capital.

Personally, I take shorter term positions. I make small moves into the market. If my initial point is not correct (say I went long and it goes down 15pip) I would consider averaging if I thought the resulting draw down of 6 pips (assuming 3 pip spread with 12 pip lower price gives you a 6 pip lower average) would help me get out of the position with the same or higher profit level with less risk. The caution is not doing it too often, or soon your low margin position is eating up your account and your exposed to more risk than desired.

As to your position at 1.2902, you are currently about 20pip down. Your additional position would bring you down to 1.2896 as your average spot. Does this help your exit strategy at the same or higher profit? Does this help you get out without a loss (sometimes that may be the goal of an average). Do you expect 1.2896 to be reached within your time frame?

gold coast martin 05:27 GMT November 11, 2004 Reply   
nyc sa 05:18 GMT November 11, 2004
Fox love sensationalism....With respect to the dead,Arafat did divert IMF moneys that were allocated for Palestinian infustructure to france(bank paribas) if it is not known..with those funds over the years he purchased arms to supply the military wing of Fatah to continue the independence struggle...of course the arms were supplied by the french and they did not have a problem with taking corrupt money ...In the next week or so the scandal of the arms scandal will surface as well as the chirac/annan/hussein oil for food program...and in the middle of it all is bANK PARIBAS.....G/T

London Tokky 05:25 GMT November 11, 2004 Reply   
Rye, NY & ICT ML, thanks a million.

iyo, am I right to have longed (for the short term) EUR/USD @ 1.2902, and should I top it up to bring average down?

Rye, NY et 05:24 GMT November 11, 2004 Reply   
ICT ML 05:17 GMT November 11, 2004
fwiw....could dip to 1.2600 on my charts...I'm also very wary of 1.3000...all IMVHO...

Rye, NY et 05:22 GMT November 11, 2004 Reply   
ICT ML 05:17 GMT November 11, 2004
Hey, ML, thanks for the response the other day. Glad you're doing well again. Everybody has a slow month now and then (sometimes a slow decade!)...GT

nyc sa 05:18 GMT November 11, 2004 Reply   
martin , of course it's a drop in the ocean , I was just stunned and found it rather ridiculous what the Fox news seemed to imply with these billions Arafat's the "corrupt" owned !

ICT ML 05:17 GMT November 11, 2004 Reply   
London Tokky 05:04 GMT November 11, 2004

No, buying a dip means waiting for it to pull back from a recent run up and buy it after it rebounds and is headed up again.

1.2850 held the latest dip so we'll buy it if it continues to hold with a TP at 1.2995 because it will probably take a few stabs at 1.3000 to break through.

Market could need to pull back even farther though, to get enough fresh buying interest to break through. Hopefully we aren't in a panzi dominated market that fears Tritchets comments yet. Such is the game we play.

Rye, NY et 05:15 GMT November 11, 2004 Reply   
London Tokky 05:04 GMT November 11, 2004
It means buying when the market moves down. The EUR/USD is in a short term uptrend, when it moves down--currently, around a 100 or 150 pips--you BUY, ie. take a long position. Hope that helps...GL/GT

Ldn 05:12 GMT November 11, 2004 Reply   
EUR/USD: Middle-Eastern Buyers Now Rally Spot To 1.2920

gold coast martin 05:11 GMT November 11, 2004 Reply   
nyc sa 04:56 GMT November 11, 2004
As much i we all love a conspiracy theory,Arafats millions or billions for that matter were taken out of Palestine over the years that he was in power ..to France of course....Even if such a theory was true in a 1.3 trillion $ a day forex market it would hardly have made a ripple to the euros surge.....there are other economic and geo-political factors involved that have made the euro surge lately...g/t

Ldn 05:10 GMT November 11, 2004 Reply   
nyc sa that could have been the Middle East Buyer of Euro yesterday !!

nyc sa 05:07 GMT November 11, 2004 Reply   
Bahrain u mean his wife Soha , she already transferred huge amounts from swiss banks to Paris ,in the last few days ..

London Tokky 05:04 GMT November 11, 2004 Reply   
Sorry, when you buy a dip - does that mean shorting?

Bahrain Within 10 Pips 05:02 GMT November 11, 2004 Reply   
His Daughter is doing it

nyc sa 04:56 GMT November 11, 2004 Reply   
There was a hint almost said directly minutes ago on Fox , watch out folks !

nyc sa 04:55 GMT November 11, 2004 Reply   
Were Arafat's "Billions of dollars " -as Fox news likes to say -converted to euros in the past two weeks ? Could Soha Arafat delayed his death until his fortune was transfered to Paris ? hence the surging euro of late ? hm..

Bahrain Within 10 Pips 04:45 GMT November 11, 2004 Reply   
http://kalzayani.freewebsites.com
Looks Like the euro wants to do another rally

ICT ML 04:34 GMT November 11, 2004 Reply   
I was thinking we'd maybe see a warning shot from the EU boys at USD-EUR .7499 area (1.3335 EUR-USD) . They've started whining at a only a moderate pitch so far, and now we know someone big is at 1.3000 we can keep buying dips to challenge it unless they display a serious effort to drive it back and keep it there. As long as 1.2840 holds that is the plan here anyway.

If SpotForex is around, is that the level (or close to it) you were thinking they'd get nasty at?

nyc sa 04:25 GMT November 11, 2004 Reply   
Anyone sees a relation between the death of Arafat and the dollar ?

Kuala Lumpur 04:19 GMT November 11, 2004 Reply   
Happy Deepavali to all Hindus who celebrate the auspicious festival of lights. May good bless you and happy trade. GL

nyc sa 04:13 GMT November 11, 2004 Reply   
intervention come at a surprise , you wouldn't expect the ECB to tell u "folks ,watch out , we will intervene " no ?

london 04:07 GMT November 11, 2004 Reply   
ECB Vice President Papademos says, after high-level meeting with Japan MOF officials in Tokyo, no talk 'yet' on euro, leaving possibility could be discussed later. Also, no comment on whether ECB might conduct currency intervention.

Syd 04:06 GMT November 11, 2004 Reply   
RAMALLAH, West Bank (AP)--Yasser Arafat, who triumphantly forced his people's plight into the world spotlight but failed to achieve his lifelong quest for Palestinian statehood, died Thursday at age 75, Palestinian Cabinet minister Saeb Erekat told The Associated Press. He was to the end a man of many mysteries and paradoxes - terrorist, statesman, autocrat and peacemaker.

Syd 04:02 GMT November 11, 2004 Reply   
Ok he is Dead Arafat

Hong Kong Qindex 03:48 GMT November 11, 2004 Reply   
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houston st 03:47 GMT November 11, 2004 Reply   

certainly been a season of sports oddities...old Rocket just added to it, coming out of retirement and pitching in the NL this year...sometimes truth is stranger then fiction...

Syd 03:46 GMT November 11, 2004 Reply   
MACD/RSI point to near-term Dlr index rise

houston st 03:46 GMT November 11, 2004 Reply   

more action on the futures side, but just barely...someone said w/ the holidays that Wednesday could be Friday...they may have been more correct then I first thought...gl/gt.

Sydney Ge11Ja 03:46 GMT November 11, 2004 Reply   
Japanese car maker (ususally means Toyota) sold usd/yen above 107.00. Investors and shortcovers bought below.

Dallas GEP 03:46 GMT November 11, 2004 Reply   
As alwys ST, the BEST to you!!!! BTW hard o belive a 42 year old pitcher can win a CY YOUNG award!!!!

Dallas GEP 03:44 GMT November 11, 2004 Reply   
You know if the earth wasn't rotating on it's axis, these currency pairs wouldn't be moving at all. LOL

houston st 03:44 GMT November 11, 2004 Reply   

GEP -- that or euryen, which I think could help as well....either way I'm in...trade on autopilot for the time being and I'm headed for a cat nap...wish me luck...best to you and your "book"...

Dallas GEP 03:39 GMT November 11, 2004 Reply   
That being 6965 4 hour MA

Dallas GEP 03:37 GMT November 11, 2004 Reply   
Hmmm... well ST euro almost has to long HARD for eur/gbp to have a chance to break 7000 and EU has to give up that level and I don't think they will without a fight but I can certainly see how eur/gbp could long from here off it's moving average

houston st 03:29 GMT November 11, 2004 Reply   

GEP -- long...t/p >.7000...s/l "generous"...still in multi-month uptrend...hoping this time we'll pierce .7000 and head north...good trades.

Dallas GEP 03:26 GMT November 11, 2004 Reply   
ST, that 7000 of course is VERY strong resistance....

Singapore Sfx 03:24 GMT November 11, 2004 Reply   
Happy Deepawali to all here that celebrate it. Good luck.

Cheers

Dallas GEP 03:24 GMT November 11, 2004 Reply   
ST, short or long????

Hong Kong Qindex 03:20 GMT November 11, 2004 Reply   
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houston st 03:19 GMT November 11, 2004 Reply   

GEP -- check out eurstg chart and see what you think...I'm picking some up here @ mkt...good trades.

Texas(Jksn.) PNB 02:44 GMT November 11, 2004 Reply   
In fact i would like gbpusd to have one more leg of rally soon so that it may truly become a strong sell zone for me. For now, eurusd is already into the sell zone whereas gbpusd seems just a tad away from that zone and hence am glad that the move wasn't misssed by me. I hope that gbpusd rallies from hereon towards 1.86X levels for this week and closes somewhere around it.

let's see. gl and thanks GEP. I had missed something earlier but zoomed on my chart and saw my cable reading carefully thanks to you.

I shall post when I go for my one-touch gbpusd short, whenever it comes.

TIA:-)

Ldn 02:34 GMT November 11, 2004 Reply   
Option expiries in NY
JPY 104.00
JPY 105.00(lge
JPY 105.50
EUR 1.2710
EUR 1.2900
EUR 1.2925(lge).
AUD 0.7500
AUD 0.7595(lge).
AUD 0.7600(lge).

Texas(Jksn.) PNB 02:33 GMT November 11, 2004 Reply   
Dallas GEP 02:25 GMT November 11, 2004
btw, the level I had was 1.8569 as opening price that day.

TIA:-)

Texas(Jksn.) PNB 02:32 GMT November 11, 2004 Reply   
Dallas GEP 02:25 GMT November 11, 2004
Thank you for your kind insight GEP. I appreciate it. gl.

TIA:-)

Dallas GEP 02:25 GMT November 11, 2004 Reply   
Ok.....Well on second thought that 1.8542 certainly could be a sell zone as well because support at that point in time would have been broken. The euro sell zone could provide as many as 3-4 trips up and down. the GBP sell zone at that 1.8542 level probably has no more than 1-2 trips in it on a short term basis BUT regardless I do agree of your sell on rallies strategy. That also is confirmed by downward sloping MACD's on most timeframes

orlando jcr 02:20 GMT November 11, 2004 Reply   
Is FX in slow motion tonight....????

Sydney Ge11Ja 02:20 GMT November 11, 2004 Reply   
I dont believe MOF/BOJ are looking at any level soon for "line in the sand" they are just trying to smooth and if they have been in either officially or unofficially then it was because they worried about the coupon payments. I am not convinced all of those payments will be reinvested. If they are it just means the coupon repayment number will just keep getting bigger and bigger and bigger and bigger!

Texas(Jksn.) PNB 02:15 GMT November 11, 2004 Reply   
DALLAS,

My readings and zones may be different to others'. My zones are not the typical zones but are based on my reading methodology. So I am sure you may be right on your reading as I am on mine.

Gl for your trades.

TIA:-)

quito_ecuador_valdez 02:09 GMT November 11, 2004 Reply   
Sydney Ge11Ja 00:08 GMT November 11, 2004//Tks for the heads up on this...do tell..mkt manipulation? LOL..like Dijon mustard.."but of course".

Well, both $ & € camps are howling..the $ bulls say "Watchout, here come de pullback..it be due" so the $bears & € lovers say "no fuss no muss, she gonna fly." Battle of the gurus..50-50 as usual.

Dallas GEP 02:07 GMT November 11, 2004 Reply   
PNB I agree on Euro sell zone but GBP sell zone IMO is around 1.8580

Texas(Jksn.) PNB 02:05 GMT November 11, 2004 Reply   
Texas(Jksn.) PNB 01:58 GMT November 11, 2004
I continue my "sell zone/sell on rally" proecure until my readings say "buy zone/buy on dips". for now buy on dips zone seems some good weeks further AIMVVHO.

of course, i also go wrong so if anyone reads my posts, please use them as a guide only.

TIA:-)

Syd 02:04 GMT November 11, 2004 Reply   
New Zealand's unemployment rate fell to an all-time low in the third quarter, pointing to increasing wage inflation and likely holding off any rate cut by the central bank.
Unemployment fell to 3.8% in the third quarter from 4% in the second quarter. That is the lowest quarterly level on record since the government started measuring unemployment in 1986, according to Statistics New Zealand's Household Labour Force Survey

Dallas GEP 02:01 GMT November 11, 2004 Reply   
OK PNB THX will look it up

Texas(Jksn.) PNB 01:58 GMT November 11, 2004 Reply   
Dallas GEP 01:48 GMT November 11, 2004

As per my readings, the days when the short should have been entered: 9th nov,2004 opening price on both eurusd and gbpusd. You can check the levels from your feed.

TIA:-)

Dallas GEP 01:48 GMT November 11, 2004 Reply   
PNB, what exact levels are your SELL zones on GBP and EURO??? I concurr with your assessment BTW

Syd 01:45 GMT November 11, 2004 Reply   
Japan players' selling of EUR/JPY, say Tokyo dealers
Italy Economics Minister Siniscalco's comment overnight that European central banks studying ways to intervene to stem EUR/USD rise "has made it hard to buy the euro now", says Daiwa Securities SMBC's Mitsuo Imaizumi
though Siniscalco later retracted comments, "just the sense that intervention may be discussed (among eurozone officials) is bad for the euro

Texas(Jksn.) PNB 01:31 GMT November 11, 2004 Reply   
My reading for today:
GBPUSD: In my Sell Zone/Sell on Rally.
EURUSD: In my Sell Zone/Sell on Rally.

Apart from this, my readings say eurusd and gbpusd may have a bit up movement intraday.

already took my eurusd one-touch for 1.2669 in 4 weeks' time as posted earlier.

IMVVVHO!

so gl and play safe.

TIA:-)

Syd 01:24 GMT November 11, 2004 Reply   
Japanese selling spot gold last $432.60/oz, down $1.25 on on substantially weaker JPY traders are on guard for further losses should USD continue to firm. Technical support indicated around $430-$431.

Dallas GEP 01:22 GMT November 11, 2004 Reply   
OK thanks I see it now It refreshed

orlando jcr 01:17 GMT November 11, 2004 Reply   
GEP,

I have SAXXXO, but it was slow loading tonight.

Dallas GEP 01:15 GMT November 11, 2004 Reply   
Guys I don't have SAXXXXO feed at top of screen, DO YOU????

Syd 01:14 GMT November 11, 2004 Reply   
van Gecko been patiently waiting hopefully should be not too long now .. keep posting your thoughts again thanks

Dallas GEP 01:13 GMT November 11, 2004 Reply   
OUT at +10 pips on usd/jpy longs

van Gecko 01:12 GMT November 11, 2004 Reply   
morning Syd... indeed.. with oil already in correction, gold is now poised for a good dip..
a good window of opportunity comming up for bottom feeding cheerleaders and patient m/t players to sell the buck up at more liquid levels..
cheerios..

Syd 01:07 GMT November 11, 2004 Reply   
CBA's Michael Blythe says October rise in employment of 43,700 likely boosted a bit by temporary work relating to last month's election.

Gen dk 01:04 GMT November 11, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Dallas GEP 01:00 GMT November 11, 2004 Reply   
OUT +8 on GBP SHORTS

london 00:59 GMT November 11, 2004 Reply   
Euro Flips Direction Against Dollar After Breaching 1.30


http://biz.yahoo.com/censored/041110/1100127211_87689_1.html

quito_ecuador_valdez 00:53 GMT November 11, 2004 Reply   
For Eur/USD support..see 30 day chart. Draw support line from dip at 10/13 to dip at 11/03, continuing off the right margin of the chart..see 1.2840-50 as today's support. We're within pips of it so don't expect much less & yes Fed's 25bp int hike WAS PRICED IN already because that's what 80% consensus said. As you can see by today's chart, that resistance line was only touched, even tho $ bull momentum was behind it, low today on my chart was 1.2846..proving to me that said drawn resistance line is legitimate resistance (as I posted yesterday).

Also note USD fundamentals only affected the chart relatively few hours with one large whipsaw..then it was right back to normal. Therefore to me fundamentals, even powerful ones like today's, don't mean anything other than typical day trading movement. USD will simply not respond to fundamentals. Lest I call it "the rogue" again..it's on it's own and untethered. We all "want" to see a juicy retrace (I sure do!) to buy cheap USD crosses but that doesn't mean it will happen profoundly nor immediately.

The Fed had better watch things. A little interest gain is anti-inflationary in theory yet not enough interest is also bad for an economy fresh out of the hospital..but to give a sick man too much medicine at once can put him into relapse. The Fed has the arduous task of trying to figure out the "sweet spot" in interest rates. Good analysts I've read lately have mixed views in that the base feeling is that NOTHING will be the silver bullet...no one thing..the "cure" for the US economy will have to be an assortment of medicines (economic curatives) in concert with each other that have to be prescribed starting AT HOME, grass roots, in Terra Firma Land, USA, to wit a cut in military money rivers, long term boost in education (investment in USA's future) funds/standards (USA education is..ahem..not super), & a tough grind for 3rd generation wellfare types to physically put them to work. The Yankee government can tighten it's belt A LOT as well to reduce shear government waste...1000s of overpaids are keeping office seats warm or driving around doing very little.

Sydney Ge11Ja 00:50 GMT November 11, 2004 Reply   
Chicago CME 00:35 GMT November 11, 2004

Thanks for the reply

ny 00:47 GMT November 11, 2004 Reply   
Long nzd/usd

Dallas GEP 00:43 GMT November 11, 2004 Reply   
1.8479 Short on GBP

Dallas GEP 00:38 GMT November 11, 2004 Reply   
USD/JPY long @ 106.90

Chicago CME 00:35 GMT November 11, 2004 Reply   
Sydney: Most of the USD coupon payment will be reinvested in this week's qtrly refunding.

Sydney 00:29 GMT November 11, 2004 Reply   
Ldn 00:20 GMT November 11, 2004
Try Karl Rove's Florida beach house.

Ldn 00:29 GMT November 11, 2004 Reply   
J.P. Morgan Chase Bank chief FX strategist Tohru Sasaki says today that EUR correction due to recent build-up of longs positions

Ldn 00:20 GMT November 11, 2004 Reply   
The latest videotape in which al-Qaeda leader Osama Bin Laden threatened the United States has renewed speculation as to where he could be hiding.

Sydney Ge11Ja 00:08 GMT November 11, 2004 Reply   
There is talk of huge coupon payments next week from US to Japan.. amount about 20 bio USD... the supposed value date is 15 Nov ie todays spot date

Dont you think it funny how USD/YEN had one of its biggest upmoves before this flow?? Bit of official manipulation????

Pay particular attention to flow from japan over next 2 days

GL and GT Lest we forget

quito_ecuador_valdez 00:03 GMT November 11, 2004 Reply   
You are correct, a raving buy BACK THEN. Check my Help forum post. We've only got 5-7 cents less to go then the 10 year cycle starts again..to parity with Euro and beyond. Check that 10 year chart against CHF and AUD..it's an eyeopener, use 400 SMA.

london 00:02 GMT November 11, 2004 Reply   
C'M'C clients are generally long the USD.

LA Fxnew 00:01 GMT November 11, 2004 Reply   
wow ... what happened to the market?
not moving at all?????


 




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