User Name: Password:      Register - Lost password?

2003  2004  2005  2006  2007  2008  2009  2010  2011  2012  2013  2014  2015  2016  2017  2018  2019  
January  February  March  April  May  June  July  August  September  October  November  December  
01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31

Forex Forum Archive for 12/07/2004

Pick a date from the header above to view forum postings for that day.
Click here to join the Live Forex Forum.


Stockholm AGuy 23:59 GMT December 7, 2004 Reply   
Atl TJ 23:54 GMT:
To quote one of those discussions frmo a few months back:
Stockholm AGuy 16:45 GMT October 22, 2004
Pecs Andras 16:41 GMT: I believe the "high oil hurts yen" argument is fundamentally ill-conceived. Yes, Japan is a huge oil importer. So is the US, the EZ and just about everybody else. So the shibboleth should rather be energy efficiency; how much oil each economy needs per unit of GDP output. And at that, I believe Japan excels.

Stockholm AGuy 23:56 GMT December 7, 2004 Reply   
Tokyo IM 23:48 GMT: "Goodmorning"

That's easy for you to say, Tokyo. :-)
Just kidding, good morning to you. Any view on how USD/JPY is going to react to the overnight decline of US stock markets?

Atl TJ 23:54 GMT December 7, 2004 Reply   
Question for the Fundamental Types out there. I remember (or I may be in deep trouble for memory failure) over the past few months some folks talking about the relationship of Crude and the Yen. Basically saying that Crude would lead the Yen around by the nose. O.K., since I am not well versed in this area I made note of it. Crude has lost about $14/Barrel yet the Yen has not responded to the dictates of Crude. Question is: Why?

prague jv 23:52 GMT December 7, 2004 Reply   
gep . aprox 80K you talking lots of lots.

Tokyo IM 23:48 GMT December 7, 2004 Reply   
Goodmorning all

Syd 23:48 GMT December 7, 2004 Reply   
Australia consumer sentiment index falls 2.9% on-month in December, . Westpac general manager of economics Bill Evans says index appears to have run out of steam after hovering around 10-year highs for five months. Might be related to record current account deficit, slowdown in economic growth in 3Q, he says
Westpac Bank, Melbourne Institute

Dallas GEP 23:47 GMT December 7, 2004 Reply   
Closed eur/gbp at +5 on long. Doesn't sound like much but at 18.00 a pip and alot of lots it CAN be!!! LOL

prague jv 23:23 GMT December 7, 2004 Reply   
jf , imho we have to wacht first cracks into bout by breaking 1.9400 . Then the wather should start to fill up and start sinking gbp . Then what will do eur/gbp?? there is cycles turning posittive for eur , but med term negative till belowe 0.6930 . It will influence eur/usd . ( my key level med term is 1.3300 now .
By then thinks get roaling , we will know what aud is doing and there will be clue imho. Thanks and wish you gt as well.

Quebec Swap 23:20 GMT December 7, 2004 Reply   
Asian session looks like they'll push EURO lower, but once Europe opens they prop it back up, like tug-of-war. Its going to stay within 1.3370-1.3470 range for next 24hrs with a bias higher towards 1.35

and I'm still holding to my long, in anticipation for 1.35

Wien GD 23:15 GMT December 7, 2004 Reply   
GEP ... sorry ... but no lower than ....

Wien GD 23:13 GMT December 7, 2004 Reply   
GEP: agree on 2004. But now lower than 1.3250! A beer in vienna in the "bermuda dreieck" if i'm wrong!
But why lower in 2005?

Most important: Usd index 80 doesn't solve anything. Imho they'll need at least +/- 70 for the deficits and to be competitive.
Because the eur has no live of it's own - it will go where the buck tells to go ... therfore expect +/- ~1.50 within 2005.
George has nothing to loose.
After election years - most the time bad years.
Economy & leading indicators ... no good!
And imho we'll soon again see rising oil (china ... ) and geopolitical tensions (iraq AND iran).
Usd rally - no, no, no - except a some cents bear market rally.

Ergo - pls why lower in 2005?

london paul 23:11 GMT December 7, 2004 Reply   
A$ bouncing off it's 21 day EMA at 0.7737. Can $ broke through it's 21 day EMA yesterday and we saw the results. So lets see if we can brake and stay below 0.7720 then we could see a break in the long runing uptrend of the A$!!!!

tk jf 23:09 GMT December 7, 2004 Reply   
jv - looks today eurusd wud move lower - aud and cad positioning is in - now eurusd shud start to move lower - shud be easy to spot if it will occur bounces will be only small - imo gt today

prague jv 23:06 GMT December 7, 2004 Reply   
aud/usd is dancing on the line to downside . The presure can be taken of only above 0.7836 . and if we take the presure going above 0.7836 there is divelopping possible bull trap . ( cycle + double topp )

chicago joe 23:00 GMT December 7, 2004 Reply   
jv, do you mean lead to the downside or upside with the aud? TIA.

prague jv 22:56 GMT December 7, 2004 Reply   
aud/usd moust likely will be leading if (big) IF .

Dallas GEP 22:48 GMT December 7, 2004 Reply   
KL, eur/chf probably will test that 1,5340 area again but it runs withy usd/chf as you know.

Dallas GEP 22:46 GMT December 7, 2004 Reply   
WEll GD, Euro has been a buy on dips for sometime now as you suggest so it's support to the downside is stronger than the GBP for instance. That BTW is also why eur/gbp longs have been behaving fairly consistently from the 6880/90 area long area. Before Year End I predict the LOWEST we may see is a 1.3175 print which is the 20 period MA on the DAILY chart. Notice how EURO rarely has penetrated that MA line lately. i also think 1.35 will fall and we will see at least briefly 1.3650 print. So for remainder of year 2004 I think we see 1.3175 to 1.3650 total range. 2005 we will range trade LOWER IMO

london paul 22:46 GMT December 7, 2004 Reply   
KL Hi, did Jay send you an email from me saying I wanted to contact you?

prague jv 22:45 GMT December 7, 2004 Reply   
I have fist sign across a board of usd bottoming around here . cycles about to change and levels close to reach from med term .

KL KL 22:43 GMT December 7, 2004 Reply   
out gbpusd short 1.9447 +12 -10 from loss in eurchf short...should have waited on that but never mind. Happy with +2 pips anyway

Sydney 22:35 GMT December 7, 2004 Reply   
Rafael Ramirez, Venezuela's oil minister has been telling the media OPEC basket cannot fall below $30 Venezuela is the world's fifth-largest oil exporter and major supplier to the U.S. amazing they get a taste of $50 and now nothing esle is good enough.

GVI john 22:34 GMT December 7, 2004 Reply   
RBA keeps cash rate steady at 5.25%, as expected.

Wien GD 22:32 GMT December 7, 2004 Reply   
GEP: was busy in the meantime ... wanted to ask you: (big) IF we'll see a namable correction of eur ... how low do you expect it to go?

Imho we will see a very shortlived correction towards 1.3300-1.3250 so the gold cabal (sorry good friends of al) can cover some of their short positions.
Imho they'll need the eur-trigger to push gold over the cliffs (say below 345).
But i expect severe buying of eur dips and therefore only very limited retracements! Which i consider to buy and (if necessary) hold longterm, because i expect the buck to go toward usd index (at least) 75 within the next months or maybe weeks.
Expect no selloff below ~1.3250. But expect very volatile trading within december because of profittaking and dip buying.

What's your take? mediumterm (days left in december) and longterm (thereafter ... half a year or year)?

dc fxq 22:32 GMT December 7, 2004 Reply   
prague jv

yeah, I really hang on everything CNN eocn/finl reporters put out as stoires.

Sydney 22:30 GMT December 7, 2004 Reply   
Rates unchanged RBA

prague jv 22:26 GMT December 7, 2004 Reply   
dc fxq 22:12 GMT December 7, 2004
prague jv 22:02 GM


Raed my post just belowe . They do not care what ECB bla bla ,

Atl TJ 22:25 GMT December 7, 2004 Reply   
wellington am 22:19 GMT December 7, 2004
Thanks for the info. Unfortunately my charting (FxTrek Intellichart)does not have the AUD/NZD pair. So I am totally blind to that. My commits were purely tech in nature.

dc fxq 22:23 GMT December 7, 2004 Reply   
Atl TJ 22:18 GMT
LoL, so it will come to pass~

prague jv 22:21 GMT December 7, 2004 Reply   
Arizona State University Economics Professor Edward Prescott, who also works for the U.S. Federal Reserve Bank of Minneapolis, also said Asian central banks were unlikely to go on accumulating dollars forever.

"The U.S. (current) account deficit, no problem. People that say there is (a problem) are ignorant, they do not understand something called balance sheet, present value, something that a good undergraduate (economics student) learns," Prescott said.


http://money.cnn.com/2004/12/07/news/economy/nobel_economy.reut/index.htm

wellington am 22:19 GMT December 7, 2004 Reply   
Atl TJ 22:14 GMT December 7, 2004
The evidence (and reason) is apparent in the ozzy/kiwi chart - the recent retracement down to 1.0720 is now treding back up to 1.110+ and beyond. Kiwi has further to fall (or ozzy to rise). AUD/NZD just broke 1.0800.

Atl TJ 22:18 GMT December 7, 2004 Reply   
dc fxq

The comedy hour is approaching. Just sit back and watch the Euro Criers take all the credit for talking the Euro down when in fact it is nothing more than normal market movements and cycles. Who do you think is going to try to claim the most credit when the time arrives?

Dallas GEP 22:18 GMT December 7, 2004 Reply   
6897 long now on EUR/GBP...20 pip stop....6927 TP

Atl TJ 22:14 GMT December 7, 2004 Reply   
Has anyone noticed the Kiwi daily chart. Looking somewhat top heavy. 3 of the last 4 days has shown that Kiki can't keep an advance going. Those long upper shadows should be of concern to the Bulls. Not ready to use the "C" word but I also will not trade it from the Long side until it breaks north. But I will sell it on rally's.

Sydney 22:12 GMT December 7, 2004 Reply   
There is a possibility in the past interventions have been advertised as the Japanese have done and become very messy, whereas the Central Banks may now have other tactics and probably been reading The Art Of War !! .

dc fxq 22:12 GMT December 7, 2004 Reply   
prague jv 22:02 GM

and exactly what weight will that carry in Washington? After all for months the same talking heads were clamoring for a strong Euro.

They got what they wanted.

prague jv 22:10 GMT December 7, 2004 Reply   
to give a change for some deasent pullback , euro must go under 1.3300 abd sustain,

Atl TJ 22:08 GMT December 7, 2004 Reply   
Just a little prediction for the next 24 hours. USDCAD has an 88% probability of printing 1.2038 +-10. If not already long that should provide a zone to enter. Or it could be one of those 12% days. They do happen LOL.
The Goose flipped my daily signal to Long with todays action, 4 hour has been long for a few of days now.

Halifax CB 22:02 GMT December 7, 2004 Reply   
And my final Shanks post (for now) - I get the next peak in $/CAD around 0800 GMT tomorrow, another maybe 10 hours after that, a succsession of more closely spaced waves culminating in a big move around 1600 the day after tomorrow. If there's any way that the market can possibly be interpreted as having follwed this scenario, I'll be back. Otherwise, it'll all be neatly forgotten....and the usual caveat - If you think this is usuable, yer nutz.....

prague jv 22:02 GMT December 7, 2004 Reply   
BRUSSELS, Belgium (Reuters) -- European finance ministers pointed a finger of blame at U.S. policy on Tuesday as the euro clung to record highs against the dollar despite a statement with the European Central Bank that had sought to talk it down.

http://edition.cnn.com/2004/BUSINESS/12/07/euro.finmins.reut/index.html

prague jv 21:57 GMT December 7, 2004 Reply   
China has banned a Nike television commercial showing U.S. basketball star LeBron James in a battle with an animated cartoon kung fu master, saying the ad insults Chinese national dignity

NJ RT 21:57 GMT December 7, 2004 Reply   
What's going on with GBP/JPY in the past hour went up over 25 points ?

London. 21:37 GMT December 7, 2004 Reply   
Has the US corporate repatriation flows started already if not anyone know when they do.?

London. 21:28 GMT December 7, 2004 Reply   

Accounts fear makes Japanese avoid EU Japanese companies are increasingly wary of raising capital in the European Union because of fears that Brussels could insist they overhaul their accounts.


Well-known companies with stocks trading in the EU are prepared to delist if a European Commission decision on accounting rules next year goes against them, according to a Japanese government official and bankers.

KL KL 21:14 GMT December 7, 2004 Reply   
short eurchf 1.1512 sl 10 above

KL KL 21:10 GMT December 7, 2004 Reply   
short gbpusd 1.9459 sl 7 above

Bahrain Within 10 Pips 21:09 GMT December 7, 2004 Reply   
Longing NZ here

UK 20:47 GMT December 7, 2004 Reply   
I Don't wanna cheat you I'll send U some forcasts ASAP. for tomorrow

Tallinn viies 20:45 GMT December 7, 2004 Reply   
good evening!
bought crude at 41,45. warmly suggesting to start build up new short term longs. 45,00 at least in my view will be touched again within a week. will buy oil near 40,00 again.
fwiw

San Diego DC 20:40 GMT December 7, 2004 Reply   
praga jan ,

Re: Time Cycles

I forgot to mention that I also use The taylor Trading Technique by George Douglas Taylor, it is a hard read. I use a different interpretation of it than what is given in the book. It's working for me.

Philadelphia Caba 20:39 GMT December 7, 2004 Reply   
Dallas GEP 20:34 GMT December 7, 2004
Well CABA, it looks a little bullish presently

Already in with tight stop.

SanFrancisco TG 20:37 GMT December 7, 2004 Reply   
To me logic dictates if you can make 80% return you would have no need to "sell" a "system" or desire to mess with clients. At most you might be interested in taking on a few money sources for higher return.

Rockford BDR 20:36 GMT December 7, 2004 Reply   
UK
If I buy 2 of those systems, will I make 40% a month?!
Man count me in !

wellington am 20:35 GMT December 7, 2004 Reply   
Morning all. Nice little trade for those with a bit of patience. The AUD/NZD made a recent low of 107.20 (or just over 93 cents for the kiwi/ozzy) and is already heading back at a clip to over 1.10+ (currently 1.0790)

This latest low is significantly higher than the Sep low of 105.41 or the Oct low of 105.78, and we envisage a continued movement back to the historical average above 1.16.

Dallas GEP 20:34 GMT December 7, 2004 Reply   
Well CABA, it looks a little bullish presently

Halifax CB 20:30 GMT December 7, 2004 Reply   
And oh yeah - save that 435$ - or even 90$ (even if it's only USD, lol); my shanks transform tells me to expect the next high in eurusd in around 4 hours, and a breakout up maybe 12 hours after that. And while you're collecting your riches, feel free to send me some...(BTW, this isn't advice, it's just posting to keep a record of something I'm playing around with, and to see if anyone else has used it.). BTW - is the guy selling that system the same dork that promises 80% returns? Why does that 80% keep popping up?

snakeoil salesman 20:27 GMT December 7, 2004 Reply   
UK...why the discounted offer?

and why would you want that secret out there if you are making such boatloads.

Sounds suspect.

Budapest Szeri 20:27 GMT December 7, 2004 Reply   
GEP: maybe a short term long at 1,5305-10 area - target 1,5350.

Philadelphia Caba 20:25 GMT December 7, 2004 Reply   
Dallas GEP 20:18 GMT December 7, 2004
YEP GD I am....watching eur/chf

Hi GEP, waiting for any entry on eur/chf or just observating?

UK 20:23 GMT December 7, 2004 Reply   
Hi members
I have a 80% winning system for all of real or Demo account that sells by Lazstore for 435$ and I'm offer it just for 90$ It contains all of the secrets you need to be a real trader and can help you to predict the currencies.

I maked about 20% monthly with just this system and in my opinion this is a wonderfull.
If U are interested plz email me [email protected]

Dallas GEP 20:18 GMT December 7, 2004 Reply   
YEP GD I am....watching eur/chf

Halifax CB 20:17 GMT December 7, 2004 Reply   
Speaking of new & unusual methods; I've been playing around with the Shanks acceleration formula in Sornette's book "Why Stock Markets Crash" (which is maybe only of interest to AGuy...). It's pretty interesting, & I've been applying it by eyeball to cable; it tells me to expect a regime break by NY close tomorrow, most likely to the upside. For JPY, the next USD JPY peak should be right about now, another around 0800 GMT tomorrow, with another break (direction unknown) sometime nearr 2400 GMT tomorrow. Now if you think of betting on these, just remember I'm not, I just think it's an interesting theory worth playing with. BTW - it did pretty closely get the timing of the move in USDCAD this this morning....

Atl TJ 20:03 GMT December 7, 2004 Reply   
Consuemr Credit Expanded by $7.7B in Oct

Wien GD 20:03 GMT December 7, 2004 Reply   
GEP ... are you there?

Los Angeles ss 20:02 GMT December 7, 2004 Reply   
anyone have the consumer credit report figure?

KL KL 19:58 GMT December 7, 2004 Reply   
outgbpusd short at 1.9449 +11 will short higher...just collect

Quebec Swap 19:58 GMT December 7, 2004 Reply   
Still holding my long Euro from 1.3400 yesterday. If it fails again at 1.3460 I'll get out.

praga jan 19:29 GMT December 7, 2004 Reply   
ok,dc.thanks again!

San Diego DC 19:26 GMT December 7, 2004 Reply   
praga jan,

I am using 2 methods (non-market related and correlate them)) that I created myself, don't have any sources, a lot of people do this through Astrology, but I am not.

What I can do is let me validate it for 30 trades for EUR because EUR is a slightly different beast than NASDAQ,and then I will be more than glad to share it with you if I have >80-90% success. I will post it on the forum when I am through with my study.

praga jan 19:19 GMT December 7, 2004 Reply   
san diego:could you recommend me any resources to study this theory?thank you for your kind!

San Diego DC 19:13 GMT December 7, 2004 Reply   
praga jan ,

I have been using this for Nasdaq for about 1.5 years now. For Eur I have just begun and in the process of validating it for 20 to 30 trades before I can tell you the level of consistency. These are not intraday changes, more for short-term positions trading from say a given day's NY EUR futures close to the next close when the market reverses on daily basis..

Makassar Alimin 19:11 GMT December 7, 2004 Reply   
San Diego DC 19:07 GMT December 7, 2004

Thanks a lot DC, will contact you via email.
Sorry Jay if this is not the best way to ask for email add.

San Diego DC 19:07 GMT December 7, 2004 Reply   
One more thing I was going to mention to you is that today's EUR futures close will be in an hour or so, at the closing time, all indications are it is getting set up for a buy signal IMHO, which means for short-term position trading , more buying is will be the way now.

praga jan 19:05 GMT December 7, 2004 Reply   
san diego:for how long have you been testing the time cycle theory?

Makassar Alimin 18:57 GMT December 7, 2004 Reply   
San Diego DC 18:39 GMT December 7, 2004

DC, I would like to know more about time cycle, would you mind giving me your email add? TIA

San Diego DC 18:56 GMT December 7, 2004 Reply   
Makassar Alimin,

Your comment.....
"can feel it too these last two days
just want to clarify about your next cycle, so we can expect more euro buying on friday or monday? or is the next cycle you mentioned about potential euro short like the one just passed?"

No, what I meant was this time cycle of 6-7 turned out to be consolidation, so after the end of this consolidation (hopefuly between today/tomorrow), one can expect more EUR buying and when Dec10-13 th comes around,we need to see what the market is doing going into this time cycle. If for example,it was going up, it could reverse or go sideways. Hope that clarifies.

KL KL 18:48 GMT December 7, 2004 Reply   
Alimin, what do you mean see you tomorrow...it is tomorrow already and time to wake up and trade or go to work...LOL

Makassar Alimin 18:44 GMT December 7, 2004 Reply   
thanks DC, can feel it too these last two days
just want to clarify about your next cycle, so we can expect more euro buying on friday or monday? or is the next cycle you mentioned about potential euro short like the one just passed?

San Diego DC 18:39 GMT December 7, 2004 Reply   
Makassar Alimin,

EUR/$
The time cycle I mentioned to you on Sunday, Dec6-7 has turned out to be a short-range consolidation instead of any significant retracement. Since, the time cycle ends today, more EUR buying is on the way. THe next time cycle is Dec 10th Friday or Monday Dec 13th. Time cycle just gives an idea of when to expect change in behavior.

Vilnius Algis 18:29 GMT December 7, 2004 Reply   
Barclay bank has in many Nasdaq stocks about 3% stake. My assumtion: Barclay Bank pump last time usd to the mkt through gbp/usd and they will not stop until Nasdaq begin to grow.

Makassar Alimin 18:28 GMT December 7, 2004 Reply   
KL KL 18:20 GMT December 7, 2004

too late for me mate :) besides i am skeptical if it will move the market significantly, eur and gbp have known only 1 way up so far, but you might be lucky, best of luck there, see you tomorrow

KL KL 18:20 GMT December 7, 2004 Reply   
Don't go away yet US one more data out at 3.00 pm US time consumer credit...so take your possie. I am in short gbpusd 1.9460...enough for US to raise rates

Bahrain Within 10 Pips 18:13 GMT December 7, 2004 Reply   
since euro is hold imo...
1.36133 1.32546
Might the safeest range

Bahrain Within 10 Pips 18:08 GMT December 7, 2004 Reply   
10563.55 10509.85
got this from hourly data...sort of like buy

Vilnius Algis 18:02 GMT December 7, 2004 Reply   
All what G.Bush rich in first cadence 10700. This is my sell target

Bahrain Within 10 Pips 18:00 GMT December 7, 2004 Reply   
Yes...Van...U are right
I have the 11,000 to be strong sell t=-7
while the long level has t=4.6...more of a sell at 11,000...
I think will be thin for some time

Bahrain Within 10 Pips 17:57 GMT December 7, 2004 Reply   
11,000 is a strong sell level too

Van jv 17:57 GMT December 7, 2004 Reply   
Bahrain///In the coming infl. environment Market will be possibly Sell

Bahrain Within 10 Pips 17:55 GMT December 7, 2004 Reply   
I take that back about 12,000...
Maybe 11,000...some coverging in Dow long term

Bahrain Within 10 Pips 17:49 GMT December 7, 2004 Reply   
Dow weekly data...
Very strong buy long term...might play sideways for a while
maybe two week...then start the rally again...I think 12,000 is possible
Short Enter Long Enter
11018.28448 10089.20916

Makassar Alimin 17:42 GMT December 7, 2004 Reply   
it is interesting to see today, dollar has rallied almost 200 pips from its low in usd/cad and almost 100 pips in usd/chf but looking at euro and gbp, they are all very well bid, seems like they are in their own isolated world of only 1 way, that is up....it might be that we have seen the dollar correction in those two i.e. sideways consolidation before resumption of initial trend, all IMHO and that also means i will miss this blo0dy euro bull train

Makassar Alimin 17:36 GMT December 7, 2004 Reply   
dc fxq 16:57 GMT December 7, 2004

thanks mate, but who is this Andy Card? from the article alone, it was mentioned that he has the weak dollar gene in his DNA, so if he is indeed the replacement for Snow, we can then sell dollar like crazy?

KL KL 17:35 GMT December 7, 2004 Reply   
out cable short at 1.9459 +20...re short pretty soon higher of course

Bahrain Within 10 Pips 17:33 GMT December 7, 2004 Reply   
Might go back to the level...I don't know

KL KL 17:26 GMT December 7, 2004 Reply   
short cable 1.9479 sl 10 above

Bruxville Jim 17:21 GMT December 7, 2004 Reply   
Bahrain// No offence, just a small note. Sometimes if a currency pair indeed is reaching your target (or going your way), it tends to miss your entry order in advance... This if of course logical (but still a paradox) that limit orders can be missed only if the pair goes in your favor - when the pair goes against you your orders get hit and you're in.
E.g. your cable buy orders an hour or so ago weren't filled. The beast rose without stepping down to get you in.

Nevertheless,
Keep up the good work!

Bahrain Within 10 Pips 17:11 GMT December 7, 2004 Reply   
placing orders for NZ
.7175 to .7185

dc fxq 16:57 GMT December 7, 2004 Reply   
Makassar Alimin 16:45 GM

Based on the assumption that the "inside knowledge" possessed by the MYT and WP are in fact correct, possibly so. But I am skeptical of how "well placed" these two publications are within the inner workings of the Bush White House.

Makassar Alimin 16:45 GMT December 7, 2004 Reply   
with the latest article from David Gilmore in the GV research, does that mean that dollar will plunge more? any comments?

Philadelphia Caba 16:33 GMT December 7, 2004 Reply   
Bought eurchf, stop below 1.5265

Bkk bounbough 16:33 GMT December 7, 2004 Reply   
Caba: You read my mind!
Goodnight all. GT.

hksar 16:31 GMT December 7, 2004 Reply   

stg new hi tom ?

Bahrain Within 10 Pips 16:27 GMT December 7, 2004 Reply   
Hey...Van listen to some Jazz...Improve Your attitude..+ Beats Prozac

Bkk bounbough 16:25 GMT December 7, 2004 Reply   
30 min candle has morning star reversal, so we ought to test new high tomorrow. Oh the beast is relentless.

Bkk bounbough 16:23 GMT December 7, 2004 Reply   
Still holding long cable, target 2.0 Oh what a beast! she'll eat your shorts.

Bahrain Within 10 Pips 16:16 GMT December 7, 2004 Reply   
Zurich Picasso 16:13 GMT December 7, 2004//
What do you suggest I should do?

Paris MAXX 16:16 GMT December 7, 2004 Reply   
Short Euro/dollar from this a.m will buy back and go long at 1.3390 ish

Zurich Picasso 16:15 GMT December 7, 2004 Reply   
I mean if u think that aud/jpy is crashing and u long gbp/jpy, why dont you just sell aud/gbp?

Philadelphia Caba 16:14 GMT December 7, 2004 Reply   
okay, took small intraday eurjpy long & let's see .. res. 138.68, 138.70, 138.98 & 139.05..

Zurich Picasso 16:13 GMT December 7, 2004 Reply   
Bahrain Within 10 Pips 16:09 GMT December 7, 2004

You think that aud/jpy is crashing, you short gbp/usd, and yet u longed gbp/jpy.
That is sooooo random. Man u should do something else.

Bahrain Within 10 Pips 16:09 GMT December 7, 2004 Reply   
Not about this post..but I think aussie/yen is crashing

Bahrain Within 10 Pips 15:58 GMT December 7, 2004 Reply   
Longing cable 1.8407 1.84 and 1.8380

hksar 15:56 GMT December 7, 2004 Reply   

hey , OK ... if tom abv 1.9500 hier hi than today can sell

agn , may try to fill the GAP 1.9530 /1.9570 from the last

big drop in 1992

Bahrain Within 10 Pips 15:55 GMT December 7, 2004 Reply   
eur/gbp short at 6913 another at 6915

hksar 15:54 GMT December 7, 2004 Reply   

hi , ok .. i am still short stg as well ... intend to buy bk

1.9360 ish , hopefully

Bahrain Within 10 Pips 15:52 GMT December 7, 2004 Reply   
one more cable / yen here

OK SZ 15:47 GMT December 7, 2004 Reply   
short cable at 19420 stop 19450

Bahrain Within 10 Pips 15:46 GMT December 7, 2004 Reply   
Long Euro/yen and Cable/yen here

Philadelphia Caba 15:45 GMT December 7, 2004 Reply   
CB & B747

At this point I'm hesitating too guys..waiting for today close.

Hong Kong B747 15:42 GMT December 7, 2004 Reply   
Alimin, looking on the charts on my way (ha ha ha) tells me that 1.3345/55 is the key for EUR/USD for the rest of this week.

gt mate and all

Bahrain Within 10 Pips 15:39 GMT December 7, 2004 Reply   
Doing this for us session

Currency Short Long TrendShort TrendLong
EURUSD 1.3461 1.3408 Hold Hold
USDJPY 103.0512 102.6144 Hold Hold
GBPUSD 1.9492 1.9407 Hold Buy
USDCHF 1.1402 1.1360 Hold Hold
EURCHF 1.5319 1.5273 Hold Hold
AUDUSD 0.7777 0.7732 Hold Hold
USDCAD 1.2108 1.2017 Hold Hold
NZDUSD 0.7221 0.7180 Hold Buy
EURGBP 0.6914 0.6898 Sell Hold
EURJPY 138.4379 137.8463 Hold Buy
GBPJPY 200.4415 199.5644 Hold Buy
CHFJPY 90.4573 90.0923 Hold Hold
GBPCHF 2.2185 2.2103 Hold Hold
EURAUD 1.7325 1.7262 Hold Buy
EURCAD 1.6261 1.6171 Hold Buy
AUDCAD 0.9385 0.9325 Hold Hold
AUDJPY 79.9314 79.5862 Sell Hold

Hong Kong B747 15:38 GMT December 7, 2004 Reply   
CABA, 4/8HRS close below 137.40/50 will confirm this action; somehow I am hesitating :)

gt

Halifax CB 15:35 GMT December 7, 2004 Reply   
Interesting trade CABA; I've been following this for a little while just on tech interest (on the weeklies it's in a fairly nice pennant formation, which should eventually break to the upside. So I've got a buy order in just above where your TP is. Hope for the best for both of us :) What intrigues me is who is going to give this pair room to move? Seems to point towards much greater weakness re USD for the euro rather than the yen...

hksar 15:29 GMT December 7, 2004 Reply   
good job HK

Hong Kong B747 15:26 GMT December 7, 2004 Reply   
closed EUR/JPY and GBP/JPY shorts for 110pips in total

gt all

hksar 15:26 GMT December 7, 2004 Reply   
careful dlr rebound ny time soon , mabe sell on rally

Makassar Alimin 15:21 GMT December 7, 2004 Reply   
will try euro long intraday near today's low if seen, with stop loss under 1.3380

Philadelphia Caba 15:20 GMT December 7, 2004 Reply   
eurjpy is on the the way down again...t/p at 135.00

Dallas Mauricio 15:19 GMT December 7, 2004 Reply   
I think they use the true interbank signal. This can be good & bad. You find out what your broker is really doing.

Los Angeles ss 15:04 GMT December 7, 2004
js - I use e..sig.. and it is very good. But, they do not use my online broker's signal feed, and their prices tend to jump around a great deal. Benefit is that you see movement before my online broker's rates change. I understand e..sig.. will be using my broker's feed in the coming months.

Dallas Mauricio 15:17 GMT December 7, 2004 Reply   
EUR/USD is the best to learn on. There is a help forum that is also helpful on this board.

Austin rb 15:07 GMT December 7, 2004
If you could pick one pair for a new forex trader to focus on which would it be? I am thinking usd/chf seems to move smoother than some pairs appreciate all thoughts thanks

hksar 15:14 GMT December 7, 2004 Reply   

if sty abv here , cad $ cd see 12940

Halifax CB 15:12 GMT December 7, 2004 Reply   
Atl TJ - the avalanche analogy isn't bad - especially when you consider that avalanches are widely controlled using mortars & howitzers....Re. the shorts on USDCAD, the problem I see is that USDCAD has been a short now for over two years. It takes something really significant to turn that around (the equivalent of a bunker buster?). But more likely it's just going to be a long, painful, and probably expensive process.....
Toronto YV & London cb Thx; I went back & reread the doc. One aspect that was completey off my radar that they mentionned was trade with India. That is one that doesn't get much attention and could be worth a look...

hksar 15:10 GMT December 7, 2004 Reply   
see if C bks in today ?

Bahrain Within 10 Pips 15:10 GMT December 7, 2004 Reply   
did Eur/cad rock or what?

hksar 15:09 GMT December 7, 2004 Reply   

hi guys , guess dlr rebound today or ?

Austin rb 15:07 GMT December 7, 2004 Reply   
If you could pick one pair for a new forex trader to focus on which would it be? I am thinking usd/chf seems to move smoother than some pairs appreciate all thoughts thanks

Los Angeles ss 15:04 GMT December 7, 2004 Reply   
js - I use e..sig.. and it is very good. But, they do not use my online broker's signal feed, and their prices tend to jump around a great deal. Benefit is that you see movement before my online broker's rates change. I understand e..sig.. will be using my broker's feed in the coming months.

Livingston nh 15:03 GMT December 7, 2004 Reply   
Atl tj - next week's US trade figures for OCT and the Fed policy statement might be the trigger -- in Sept both exports and imports declined but in OCT if the combination of Gulf ports reopening and high price the imports side may have jumped but exports may not have recovered so the Headline could be spike inducing (but ex-energy, imports may have declined) with an intraday reversal

lon jr 14:59 GMT December 7, 2004 Reply   
Bought some dlr sf...adding thru 00..tight stop

worcester js 14:56 GMT December 7, 2004 Reply   
can any reccomend a good reliable signal provider?

Dallas Mauricio 14:49 GMT December 7, 2004 Reply   
I am going to keep my money today. 2 good trades for a total of +52 pips. See you all tomorrow. Gl & keep your stops.

Atl TJ 14:49 GMT December 7, 2004 Reply   
Halifax CB 14:37 GMT December 7, 2004

I am thinking that there are a ton of dollar shorts that are starting to look for the first signs of trouble to square their positions before year end. This idea has been mentioned by many on this forum. But it is going to take some event and/or pair to get the attention of those shorts. What that turns out to be, I have no idea. I really don't see a Goose collaspe in the cards. Maybe this is the pair that gets traders attention. That last snow storm that causes the avalache maybe?

Toronto YV 14:48 GMT December 7, 2004 Reply   
"The main risks and uncertainties around the outlook for the Canadian economy remain those that the Bank identified and analyzed in the MPR. They relate to global imbalances, the realignment of currencies, commodity prices, the growing presence of emerging market economies such as China and India, and the related adjustments within the Canadian economy. The Bank will monitor these factors, with a view to keeping aggregate demand and supply in balance in order to achieve the inflation target." from BOC statement .

Dallas Mauricio 14:44 GMT December 7, 2004 Reply   
Wish I knew, hesitant to go back in, thinking about calling it a day.

Los Angeles ss 14:38 GMT December 7, 2004
Bye Bye Cable yessss! But how low will it to this drop in the short term???

london cb 14:43 GMT December 7, 2004 Reply   
CB..hi was in statement from boc...stating if us dlr was to remain weak ..would dampen domestic growth (or Slow)

HK Kevin 14:42 GMT December 7, 2004 Reply   
Buy USD/CAD at 1.2030 is still not late.

gold coast martin 14:42 GMT December 7, 2004 Reply   
Halifax CB 14:37 GMT December 7, 2004
Very true halifax......and should all these chinese acquasitions eventuate might as well put a sign at the border saying"WELCOME TO CHINADA.."....G/T

Dallas Mauricio 14:40 GMT December 7, 2004 Reply   
Covered Cable short from 1.9486 @ 1.9451 for +35 pips.

Atl TJ 14:40 GMT December 7, 2004 Reply   
Dallas Mauricio

Sorry. I really thought the fun wouldn't start for a few hours. At least the direction was right. LOL

Los Angeles ss 14:38 GMT December 7, 2004 Reply   
Bye Bye Cable yessss! But how low will it to this drop in the short term???

Halifax CB 14:37 GMT December 7, 2004 Reply   
Interesting what's happening on $/CAD, considering that the no rate change decision was already reputedly priced in...With Sinopec now interested in Husky's oil sands, and MinMetals talks with Noranda bogged down, as well as the PM officially trying to get Canadians to hustle more exports to China, maybe a little loonie crash might be in order.

Dallas Mauricio 14:35 GMT December 7, 2004 Reply   
Bye Bye Cable!

Atl TJ 14:34 GMT December 7, 2004 Reply   
If Goose is being the leader, which is still open for debate, then the next few days should be very, very interesting.

ML, if you are around, nice hesitation move yesterday on the Euro.

HK Kevin 14:34 GMT December 7, 2004 Reply   
Atl TJ 14:19 GMT, I am just a naive trader. Do you notice the inverse H&S formation in the USD/CAD daily chart?

Haifa ac 14:21 GMT December 7, 2004 Reply   
LDN LDN 13:06 GMT //OOPS. 195 on the nearby futures!

Atl TJ 14:19 GMT December 7, 2004 Reply   
HK Kevin 14:15 GMT December 7, 2004
If you tell the difference when Goose is being a Leader or just
being the Rebel without the hindsight glasses, you be the King. Goose has been bucking the trend for last 7 days and today may be the 8th. But I am not reading to use the "C" word in the same sentence as Dollar. LOL

HK Kevin 14:15 GMT December 7, 2004 Reply   
Could the Goose lead the $ bull run?

Atl TJ 14:14 GMT December 7, 2004 Reply   
Dallas Mauricio
Reading the Tea Leaves here, its looking like the action may take place in a few hours time. USDJPY looks like it may be loading for a move up later. And appears that the path of least resistance for EURO may be down. Just got a little lucky with the Goose. I thought I may have been premature on the long entry but it appeears that I was saved at least for now.

dc fxq 14:13 GMT December 7, 2004 Reply   
Halifax CB 14:09 GMT

Thanks, CB. It does address this issue of "spec" vs "real" money very pointedly.

Budapest Daniel 14:09 GMT December 7, 2004 Reply   
Ok dallas, I always take that into consideration. Actually I'm long on eur/usd :)

Halifax CB 14:09 GMT December 7, 2004 Reply   
dc fxq - interesting reading indeed. Thx

Dallas Mauricio 14:06 GMT December 7, 2004 Reply   
Your welcome Budapest Daniel, but I could be completely wrong.

Budapest Daniel 14:04 GMT December 7, 2004 Reply   
Thanks for your view Mauricio

Toronto YV 14:01 GMT December 7, 2004 Reply   
BOC unchanged

Dallas Mauricio 14:00 GMT December 7, 2004 Reply   
If today becomes as boring as yesterday, I'm going to bed.

Dallas Mauricio 13:59 GMT December 7, 2004 Reply   
In the short run as in today, yes.

Budapest Daniel 13:53 GMT December 7, 2004
Do you think this time the market will refuse to break above 1.9500?

Hong Kong B747 13:59 GMT December 7, 2004 Reply   
added GBP/JPY and EUR/JPY shorts

gt all

Budapest Daniel 13:53 GMT December 7, 2004 Reply   
Do you think this time the market will refuse to break above 1.9500?

Los Angeles ss 13:52 GMT December 7, 2004 Reply   
My hand is raised.

Dallas Mauricio 13:51 GMT December 7, 2004 Reply   
All those who are short Cable, raise your hand.

dc fxq 13:43 GMT December 7, 2004 Reply   
Dec 2004 BIS report

Some interesting reading on what is driving this market.

Tokyo IM 13:36 GMT December 7, 2004 Reply   
sofia anmart fx// Could not agree more.

sofia anmart fx 13:30 GMT December 7, 2004 Reply   
EUR/JPY -138.30. The pair is a buy long term for 146.90.

Dallas Mauricio 13:08 GMT December 7, 2004 Reply   
Just came back from a nap & cable is right were I left it!

LDN LDN 13:06 GMT December 7, 2004 Reply   
Haifa, what is 10506 to 10532.

Haifa ac 12:52 GMT December 7, 2004 Reply   
FWIW. BP has a 12 year channel (from the Sorros attack) that comes in at 10506 to 10532. That can be a tough hurdle.

shanghai bc 12:41 GMT December 7, 2004 Reply   

Selling them en masse is out of question..They have somehow become the last defenders of falling Dollar..No choice but have to accept the fact that Dollar will keep falling and hedge some of that certain losses in other markets..Like Euro bonds or just any decent bonds except USD bonds or Gold or Oil..The vendors financing agreement with consumers does not always work out for both sides in the end..

Sing GD 12:37 GMT December 7, 2004 Reply   
If WSJ article is true , really what are Bunds etc worth , as we know Germany is broke FOR ONE (more so than US ) and there are others , to me = systematic risk , which inturn will result in action from CB's and Govts in one way or another ...

OR

We are all worthless

JIMHO

Stockholm AGuy 12:33 GMT December 7, 2004 Reply   
Tallinn viies 12:27 GMT: "Stockholm AGuy 12:19 - so what." [...] "dont understand how should I interpret your comment?"

What is there to "interpret"? You asked (Tallinn viies 12:15 GMT) "selling the bonds and ...? doing what?".

I told you a common answer: they'll use the money from the bond sale to buy commodity producers (and so did shanghai bc 12:25 GMT).

What is it that you don't understand?

Tallinn viies 12:29 GMT December 7, 2004 Reply   
shanghai bc 12:25 GMT - yes bigger picture (strategic) I can imagine but about shorter term ((tactical) picutre?

Tallinn viies 12:27 GMT December 7, 2004 Reply   
Stockholm AGuy 12:19 - so what. very common practise. every student knows to expand your business you may expand horizontally or vertically.

dont understand how should I interpret your comment?
are they going to buy rating agencies?
or Japs buy Americans

shanghai bc 12:25 GMT December 7, 2004 Reply   

They can use that money to buy mines or goods or land in foreign countries..For exampls,Chines buying spree of mines and oil wells all over the world from Latam to NA, from Africa to ME and alll over central Asia and SE Asia..Not sure what these countries will do with their Dollars though..Japanese are mainly buying Chinese real estates with their Dollars though.. And Chinese use that money to buy the above..

KL KL 12:23 GMT December 7, 2004 Reply   
hmmm right direction wrong stop loss on gbpusd...oh well now revert to short higher! Maybe short eurusd better ...imho the weaker currency now imho!

Stockholm AGuy 12:19 GMT December 7, 2004 Reply   
Tallinn viies 12:15 GMT:

A popular "conspiracy theory" among gold bugs is that they'll buy not only commodities, but also commodity producers (e.g. mines).

Tallinn viies 12:15 GMT December 7, 2004 Reply   
wondering here what happens when all those Asian central banks cant keep their US bonds because ratings are not suitable anymore???
selling the bonds and ...? doing what?
selling dollars they recieved? or maybe they dont need to keep their short dollar positions to be hedged?
any idea ? tia

KL KL 12:11 GMT December 7, 2004 Reply   
so much to find out -7...wait to re-long...looking at gold

Bahrain Within 10 Pips 12:10 GMT December 7, 2004 Reply   
eurcad will make a show today

Brisbane PhD 12:10 GMT December 7, 2004 Reply   
Short AUD/USD stopped .7786 (6:25)

Bahrain Within 10 Pips 12:09 GMT December 7, 2004 Reply   
aussie will be eally thin for sometime so...

Tallinn viies 12:08 GMT December 7, 2004 Reply   
DJ writes:
USD remains under selling pressure as market continues to mull suggestions US bonds shouldn't command AAA ratings anymore. USD/JPY falls despite fears Japan is slipping back into recession. EUR is helped up to new record low as ZEW comes in stronger than forecast.

Bahrain Within 10 Pips 12:07 GMT December 7, 2004 Reply   
I have lots of shorts on aus/yen...
NJ if U can hang in there for more days
I have the t value for the trend at -.6...Means about 70% sure it coming down...and

Rivonia PipPirate 12:03 GMT December 7, 2004 Reply   
Y/d charts did whisper $/Y:

.10193...10214...10243..10245..=S...R=10327...10349..10358..

KL KL 12:02 GMT December 7, 2004 Reply   
Long gbpusd 1.9480 sl 7 below ...maybe another try for the top again...hope this re-coil works...stall on st trend line imho

Makassar Alimin 11:56 GMT December 7, 2004 Reply   
LOL, a big bump is sitting at 1.95 and farting too!

Makassar Alimin 11:54 GMT December 7, 2004 Reply   
cable keeps knocking at the 1.95 door, it might get it eventually

Sing GD 11:45 GMT December 7, 2004 Reply   
IMVHO - USD is weak yes - Twin Deficits to blame yes , US administration is happy with it , but we have come up here in a straight line. What goes up must come down or at least correct say 38.2% to EUR 1.3000 odd and GBP just below 1.9000 (depends on levels used) me being a rookie figs may just be out ...

To many still one way and we all know other , Japan , Australia and Europe taking pain with weak USD , WILL GET WEAKER yes , but has to take a breather and correct ..

NJ RT 11:45 GMT December 7, 2004 Reply   
Bahrain Within 10 Pips:
I believe that the Japanese will interv. around 102.0 level in order to limit the aggresive dollar selling. On any rallies the dollar will hit tough resistance on the 103.5 level

KL KL 11:45 GMT December 7, 2004 Reply   
short gbpusd 1.9502 sl 7 above...out gbpusd short 1.9494 +8...will re short higher again if seen above 1.95

Bahrain Within 10 Pips 11:40 GMT December 7, 2004 Reply   
NJ...
for daily data I have this
USDJPY 102.9914 101.4557 Sell Hold

this is more immidiate...day trade


Currency Short Long TrendShort TrendLong
EURUSD 1.3480 1.3430 Hold Buy
USDJPY 102.8017 102.1214 Hold Hold
GBPUSD 1.9545 1.9448 Hold Buy
USDCHF 1.1376 1.1313 Hold Hold
EURCHF 1.5286 1.5242 Hold Hold
AUDUSD 0.7798 0.7751 Sell Buy
USDCAD 1.2005 1.1955 Hold Hold
NZDUSD 0.7265 0.7204 Hold Buy
EURGBP 0.6910 0.6889 Sell Hold
EURJPY 138.2512 137.6199 Hold Buy
GBPJPY 200.2561 199.5157 Hold Buy
CHFJPY 90.3618 90.0142 Hold Hold
GBPCHF 2.2191 2.2118 Hold Hold
EURAUD 1.7327 1.7234 Hold Buy
EURCAD 1.6128 1.6066 Hold Buy
AUDCAD 0.9338 0.9273 Hold Hold
AUDJPY 79.9290 79.6238 Sell Hold

NJ RT 11:36 GMT December 7, 2004 Reply   
Bahrain Within 10 Pips what is your view on usd/jpy ? Will it break or bounce on 102.39?

KL KL 11:32 GMT December 7, 2004 Reply   
out short 1.9506 at 1.9498 +8 , short eurusd 1.3468 at 60 +8... momentum up now...will reshort if the above figure comes again or higher. Should have taken more pips on offer earlier....greed is no Good....+ve better than -ve

Bahrain Within 10 Pips 11:27 GMT December 7, 2004 Reply   
Traders I did some further work today on the euro...
using weekly data...seems wants to visit 1.3950..so
might wanna consider this level these days

NJ RT 11:23 GMT December 7, 2004 Reply   
out eur @1.3463 +13pips

KL KL 11:19 GMT December 7, 2004 Reply   
Back again from rest ...long gbpusd 1.9480 sl 7 below...just testing the up trend on 15 mins...wow taking the quick 26 pips on offer out 1.9506. SAR here sl 7 above cos previous resistance near here....also short eurusd 1.3468 sl 7

PAUL,

actually I use 1 hr, 30 mins 15, 10, 5, 2, just to get entry and exit posititon. I cannot stress sometimes it is the psychology of just taking the 1-2 pips on offer just to get your confidence going. Like the above trade....it took me less than 15 minutes to realise the 26 pips....some let it run hoping for something above 1.95. I am happy with the megre 17 or 10 or 3

NJ RT 11:18 GMT December 7, 2004 Reply   
I guess wil keep going and going ...and going

LA Ty 11:07 GMT December 7, 2004 Reply   
yup

Dallas Mauricio 11:04 GMT December 7, 2004 Reply   
Cable reachig 1.9500 resistance.

LA Ty 11:01 GMT December 7, 2004 Reply   
East Coast waking up

LA Ty 11:00 GMT December 7, 2004 Reply   
heres some movement finally

NJ RT 11:00 GMT December 7, 2004 Reply   
long eur/usd @ 1.3450 s/l 1.3430 t/p 1.3500

Ldn pm 10:56 GMT December 7, 2004 Reply   
Jkt Rick 10:43 GMT December 7, 2004
Maybe .....but the difficult part is from what level and when ??

Hong Kong Qindex 10:53 GMT December 7, 2004 Reply   
All other 44-day cycle (24/11) major currencies and their crosses are available in my page and are important references for this week. Register with Jay at [email protected]iew.com if you have no access to my page.



Hong Kong Qindex 10:48 GMT December 7, 2004
EUR/USD : The neutral zone of my daily cycle is 1.3370 - 1.3473 and the key quantized level is positioning at 1.3424. A projected supporting level is expected at 1.3279 - 1.3300 and a projected resistant level is located at 1.3521 - 1.3533.


A) : ... 1.3269* // 1.3300 - 1.3331* - 1.3363 - 1.3393 - {1.3425} - 1.3456* - 1.3487 - 1.3518* // 1.3549 - 1.3580* ...


B) : ... 1.3230* // 1.3279 - 133.27* - 1.3376 - {1.3424}* - 1.3473 - 1.3521 // 1.3570 - 1.3618* ...


C) : ... 1.3243* // 1.3279 - 1.3315* - 1.3352 - 1.3388* - {1.3424} - 1.3461* - 1.3497 - 1.3533* // 1.3570 - 1.3606* ...



Hong Kong Qindex 09:02 GMT December 2, 2004
EUR/USD : Current expected trading ranges from my 44-day cycle reference (24/11).


... 1.2743* ... // 1.3001 - 1.3130 - (1.3259) - 1.3388 - 1.3517 // ... 1.3775 ...

Gen dk 10:52 GMT December 7, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Ldn 10:49 GMT December 7, 2004 Reply   
PODGORICA, Montenegro (AP)--Police sealed off Montenegro's main airport Tuesday while they investigated a bomb alert, the airport manager said. An anonymous caller told police a bomb had been planted on a Fokker 100 plane arriving in Podgorica from Belgrade

london jr 10:47 GMT December 7, 2004 Reply   
Like to think ur rite rick...too many asian bids as per norm..prob 13380-95..lik last night, supposedly..

Jkt Rick 10:43 GMT December 7, 2004 Reply   
Euro is ripe for a 200 points correction guaranteed.

Miami OMIL (/;-> 10:42 GMT December 7, 2004 Reply   
Well the bulls are strong with the eur/usd pair, as they have shaken off the better than expected ZEW at 14.4 and the market was expecting 10.

Sofia NYK 10:41 GMT December 7, 2004 Reply   
Hello guys, I am in Vilnius at the moment, what are you bitting in this town and whre you used to do that?

LA Ty 10:39 GMT December 7, 2004 Reply   
i saw this lady that looked like Getty Lee yestirday LOL ! Shouted out "Fly by night...."

gold coast martin 10:30 GMT December 7, 2004 Reply   
Miami OMIL (/;-> 10:28 GMT December 7, 2004
LOL.....as long at they remember their opening positions from 1 hour ago its ok....

Miami OMIL (/;-> 10:28 GMT December 7, 2004 Reply   
Martin I advise not to touch that bag of worms mate. LOL

Miami OMIL (/;-> 10:26 GMT December 7, 2004 Reply   
VIIES they are pretty old too and I like U2 as well.

Dayton JAM 10:26 GMT December 7, 2004 Reply   
Well, I see there is no "RUSH" to trade today. Somedbody's been smokin lebanon :) (just having some fun while I am waiting for something to happen)

sgp sp 10:25 GMT December 7, 2004 Reply   
gold coast martin,

nah, better to let trader's age be an Enigma....we are our own Destiny Child

Bexhill Pas 10:24 GMT December 7, 2004 Reply   
Money for Nothing ... and your "Pips for free"

Dayton JAM 10:24 GMT December 7, 2004 Reply   
Forget about Creed!

gold coast martin 10:22 GMT December 7, 2004 Reply   
van Gecko 10:18 GMT December 7, 2004
LOL...true.....time fixes everything and heals all forex wounds...in time will have new P45.......CHEERS...

Tallinn viies 10:21 GMT December 7, 2004 Reply   
Miami OMIL (/;-> 10:13 GMT - all right all right. just kidding...
wanted to add even U2 is probably too heavy for you guys who love dire sraites and other old mambo jambo :)
good luck

gold coast martin 10:20 GMT December 7, 2004 Reply   
Miami OMIL (/;-> 10:13 GMT December 7, 2004
May be we can get a survey done into the average age of traders in this forum....lol....

van Gecko 10:18 GMT December 7, 2004 Reply   
gold coast martin.. if this 'American Bye' music keeps up.. we'll need ZORRO's grandfather "Ldn" (vintage 1999/2000 GV) to come back here with his 'Lower the Euro' song.. he called Euro all the way down to .8500 in 2000..

Stockholm AGuy 10:17 GMT December 7, 2004 Reply   
Dallas Mauricio 10:11 GMT: "Why is Keith Richards still alive?"

My theory: he really isn't, just pumped full of so many chemicals for so long that he gradually embalmed himself.

Dayton JAM 10:14 GMT December 7, 2004 Reply   
oF COURSE THE "Night moves" have been very limited :)

Miami OMIL (/;-> 10:13 GMT December 7, 2004 Reply   
VIIES I am older than you but younger than some. BTW GT with both of you euro positions. Hope you get your Christmas bonus out of them. :-)

Dayton JAM 10:13 GMT December 7, 2004 Reply   
I must add that the Dollar is on a long and lonesome highway east of Omaha :)

Syd 10:11 GMT December 7, 2004 Reply   
Tallinn viies its call appreciation society ..Vintage rock trio Cream Vintage rock trio Cream

Dallas Mauricio 10:11 GMT December 7, 2004 Reply   
Bruce Springsteen & The E Street Band! Why is Keith Richards still alive?

sgp sp 10:09 GMT December 7, 2004 Reply   
Omil,

Alas, nowadays they are finding out that chicks are not free and their money is certainly for something......eur/usd may soon need Air Supply. :)

Tallinn viies 10:07 GMT December 7, 2004 Reply   
Miami OMIL (/;-> 10:04 GMT - you are probably very old :)

Syd 10:04 GMT December 7, 2004 Reply   
gold coast martin great band.

Miami OMIL (/;-> 10:04 GMT December 7, 2004 Reply   
At the expense of a slow market and my insomnia I can really say that we have the same taste in music there. Their theme song (Money for nothing and chicks for free) you got to love it. (:->

London. 10:03 GMT December 7, 2004 Reply   
Japan's October leading indicator Tuesday pointed to sluggish economic growth in the months ahead,forcing a government official to downplay fears of a possible recession in the world's second-largest economy. The index of leading indicators stood at 20 in October, remaining below the boom-or-bust threshold of 50 for the second month in a row.Japan's Cabinet Office also said that its index of coincident indicators, which measures the current state of the economy, was just 11.1 in October as industrial output, electricity usage and small-sized manufacturers' sales weakened. The coincident indicators index has been below 50 for three months in a row, which is its weakest performance in almost 10 years, according to a government official. "We can't dismiss the possibility" that the economy may be slipping into a recession, said Takashi Sakuma, statistics director at the economic and social research division of the Cabinet Office. (Reuters.)

gold coast martin 10:02 GMT December 7, 2004 Reply   
...Dollar in dire straights......gbp shaken but not stirred...euro in euphoria land..

gold coast martin 09:59 GMT December 7, 2004 Reply   
John Snow and Al greenspan...the sultans of dollar swing....

sgp sp 09:56 GMT December 7, 2004 Reply   
Omil,

As long there's Dire Straits, there's enough motivation for more lives.

Miami OMIL (/;-> 09:54 GMT December 7, 2004 Reply   
Well I have Gecko several times. How many lives do they have left? LOL

LA Ty 09:51 GMT December 7, 2004 Reply   
so now, its gonna be flat for the whole day? lol I think everyone went for their coffee break.

van Gecko 09:49 GMT December 7, 2004 Reply   
OMIL (/;-> just wait till you see the Grateful Deads come back from their graves..;)

LA Ty 09:48 GMT December 7, 2004 Reply   
I'd like to see hockey before it hits 1.35 LOL

Tallinn viies 09:46 GMT December 7, 2004 Reply   
would like to see new push higher before NYC comes in.
ZEW maybe helps?
anyway, 1,35 touched would be nice before Ldn close

Miami OMIL (/;-> 09:44 GMT December 7, 2004 Reply   
Gecko those guys must be 80 years old by now. I think they will have a hard time doing the splits in the middle of the stage LOL.

van Gecko 09:39 GMT December 7, 2004 Reply   
Ty.. this is how they look like & what they do to finance their forex operations..:) the Motley Crue

london paul 09:34 GMT December 7, 2004 Reply   
KL what time frame charts are you watching in cable? 3 or 5 minute?

LA Ty 09:23 GMT December 7, 2004 Reply   
or just 100% spittle?

LA Ty 09:22 GMT December 7, 2004 Reply   
van Gecko> u think the watchdogs are actually buying and selling low volume to keep that resistance?

KL KL 09:19 GMT December 7, 2004 Reply   
out at 60 +8 reshort higher? Not sure now?

Haifa ac 09:16 GMT December 7, 2004 Reply   
Cape Town 09:03 GMT //LONG TIME NO TALK! Hope you are OK. Well, then, the policy of lower dollar is working WONDERFULLY!

van Gecko 09:11 GMT December 7, 2004 Reply   
LA Ty 08:48.. they just keep chewing & absorb all the bids infront of the figure with their mouths and then spit them out while the europhiles are napping.. its a contest to see who has the most spittle to h'iss into the wind..

Cape Town 09:03 GMT December 7, 2004 Reply   
ac, story - One is 3,500 miles across the Atlantic, the other is less than 200 miles down the M6. But research by The Independent shows it is cheaper to fly from Manchester to New York to buy Christmas gifts than it is to take the train to London for a weekend's shopping.

KL KL 09:01 GMT December 7, 2004 Reply   
in short gbpusd 1.9468 sl 7 above

LA Ty 09:00 GMT December 7, 2004 Reply   
seems like everyone has stoped trading right now LOL

Hong Kong B747 08:57 GMT December 7, 2004 Reply   
Alimin,

cheers and thanks a million again!!!

gt and happy life

Dallas Mauricio 08:55 GMT December 7, 2004 Reply   
I mainly use a Three Line Break candlestick trading method.

knoxville dan-k 08:21 GMT December 7, 2004
Dallas what indicators do u use, and tia

Hong Kong B747 08:53 GMT December 7, 2004 Reply   
Haifa ac // very true; many people that I know enjoy USA for shopping trips from Europe...Levis 501 costs in Europe EUR 79-99...laptops, digital cameras and so on purchased in USA will make the whole trip for free to the European.

I feel that with myself when staying currently in HKG; it looks so cheap when calculating in Euros.

gt

Haifa ac 08:50 GMT December 7, 2004 Reply   
Is it true that New York is going thru unusual boom of thosands of European tourists?. I read that Hotels started to jack up prices. Can someone verify this?!

LA Ty 08:48 GMT December 7, 2004 Reply   
or how are they protecting 3470 ? by talking at the mounth ? or actually mini intervention?

LA Ty 08:39 GMT December 7, 2004 Reply   
van geko.. how do you know theyre protecting 3470 ?

Hong Kong Qindex 08:35 GMT December 7, 2004 Reply   
USD/JPY : Current Comment    Register with Jay at [email protected] if you have no access to my page.

Hong Kong B747 08:34 GMT December 7, 2004 Reply   
cheers alimin,

you have the reply...tia for quick reply!

gt

Bahrain Within 10 Pips 08:32 GMT December 7, 2004 Reply   
at posted levels I recommend U double lot Cable , NZ
and more for EURAUD ,EURCAD

Indonesia-Solo Raden Mas 08:32 GMT December 7, 2004 Reply   
FRIENDS...I have chart forcast, if you want to know, you can download my chart at fxtradercenter.com
maybe can help you in your entry and exit position.
I enjoy with drawing chart than type words. I hope someday GV can provide window for drawing..like child.LOL

Makassar Alimin 08:29 GMT December 7, 2004 Reply   
Hong Kong B747 07:57 GMT December 7, 2004

you have got mail!

Miami OMIL (/;-> 08:25 GMT December 7, 2004 Reply   
FWIW here are some more rumors with eur/usd and that maybe why 1.3500 has not fallen yet. There are large 1.3500 and 1.3505 exotic option barriers rolling off at today’s NY cut (15:00GMT), alongside 1.3300, 1.3400, 1.3450, and 1.3500
plain-vanilla strikes. Tomorrow (Wednesday) will then see a large 1.3510 exotic barrier expire, in addition to 1.3300, 1.3330, and 1.3430 plain-vanilla strikes, and a 1.3600 exotic barrier. IFR

Bahrain Within 10 Pips 08:23 GMT December 7, 2004 Reply   
GBP/USD and aussie really good

Currency Short Long TrendShort TrendLong
EURUSD 1.3480 1.3430 Hold Buy
USDJPY 102.8017 102.1214 Hold Hold
GBPUSD 1.9545 1.9448 Hold Buy
USDCHF 1.1376 1.1313 Hold Hold
EURCHF 1.5286 1.5242 Hold Hold
AUDUSD 0.7798 0.7751 Sell Buy
USDCAD 1.2005 1.1955 Hold Hold
NZDUSD 0.7265 0.7204 Hold Buy
EURGBP 0.6910 0.6889 Sell Hold
EURJPY 138.2512 137.6199 Hold Buy
GBPJPY 200.2561 199.5157 Hold Buy
CHFJPY 90.3618 90.0142 Hold Hold
GBPCHF 2.2191 2.2118 Hold Hold
EURAUD 1.7327 1.7234 Hold Buy
EURCAD 1.6128 1.6066 Hold Buy
AUDCAD 0.9338 0.9273 Hold Hold
AUDJPY 79.9290 79.6238 Sell Hold

knoxville dan-k 08:21 GMT December 7, 2004 Reply   
Dallas what indicators do u use, and tia

st. pete islander 08:21 GMT December 7, 2004 Reply   
Haifa ac 08:11 GMT December 7, 2004

Yes, I know that .... but after months of "sideways" this past summer ..... I just can't go there. I think we are more a north and south operation for now ..... but we are always flexible .... and that comes in "handy". gt

Hong Kong B747 08:21 GMT December 7, 2004 Reply   
Haifa ac // you look so smart, you must be the only one that knows which side is the top of a falafel ball...cheers mate!

gt

Dallas Mauricio 08:14 GMT December 7, 2004 Reply   
Good day everyone. GL/GT.

Haifa ac 08:11 GMT December 7, 2004 Reply   
st. pete islander 08:02 GMT December 7, 2004
. Must be I use that talent for other tops and bottoms .... // THere some exquisite sideways in Kama Sutra!

van Gecko 08:11 GMT December 7, 2004 Reply   
Ty.. they are already in.. who do you think is guarding 1.3470 since Friday? but i doubt the bulls will give up so easy.. above 1.3350 you can expect a few more push before they'll decide to pack it in and go Christmas shopping at Tiffany.. (or Wal Mart if they have trouble unloading all their cargos up here..)

Bahrain Within 10 Pips 08:10 GMT December 7, 2004 Reply   
aussie is really strong buy

mex sjs 08:05 GMT December 7, 2004 Reply   
before year end, I am expecting gbpusd close to 2.0000....
so buying it here does not hurt too much....
see you then....my stop is 2 ctvs dowm from here....
gl & gt

st. pete islander 08:02 GMT December 7, 2004 Reply   
Hello ML .... Hope you are well. Can't be surprised by beginnings of some fireworks in the coming days. I've never been good at finding tops (or bottoms) in the market. Must be I use that talent for other tops and bottoms .... but it might be rather choppy from here on to the end of the year. Turn up the oxy mask and hang on, imho. gt

Tallinn viies 07:57 GMT December 7, 2004 Reply   
LA Ty 07:34 GMT December 7 - just gut feeling.
right now current year high low difference below historical average.
cant see reasons to intervene here....

Hong Kong B747 07:57 GMT December 7, 2004 Reply   
but I do not have your email address with me in HKG; please send me and email and I will reply with my questions.

tia & gt

Hong Kong B747 07:55 GMT December 7, 2004 Reply   
hi alimin,

I need your urgent advice; may I sent you an email?

gt

LA Ty 07:53 GMT December 7, 2004 Reply   
'there'

LA Ty 07:53 GMT December 7, 2004 Reply   
hey Makassar..yeah, thas what I hear. It's all talk. But still they COULD do it at anytime. When do central banks usually intervene? Daytime their zone or is their never any time range because FX is 24hrs?

Makassar Alimin 07:49 GMT December 7, 2004 Reply   
LA Ty 07:34 GMT December 7, 2004

dont worry, they are not targetting specific price levels, so there is no absolute high for euro, all they want is lower and lower dollar as long as the pace is not mega-exponential, so even at current rate the best they can do is talk like what we have had so far just to remind everyone to slow down a bit in selling dollar but not to stop it :)

chicago joe 07:45 GMT December 7, 2004 Reply   
bye bye euro

LA Ty 07:34 GMT December 7, 2004 Reply   
what makes you say that price Tallin ? Euro is already at lifetime high

Maribor 07:34 GMT December 7, 2004 Reply   
Friday and today action ressamble important trend change on GBPUSD. Shorting it with stop above high should offer good R/R.

Tallinn viies 07:32 GMT December 7, 2004 Reply   
LA Ty 07:22 GMT - not before 1,45...

LA Ty 07:31 GMT December 7, 2004 Reply   
well I'm not into 100 pip slippage thats all. lol

ldn jr 07:30 GMT December 7, 2004 Reply   
anyone know if official interest up there euro? Some one mentioned it?

ICT ML 07:27 GMT December 7, 2004 Reply   
Whats wrong TY, you got the crap scared out of ya now and there hasn't even been any fireworks yet...LOL

Indonesia-Solo Raden Mas 07:25 GMT December 7, 2004 Reply   
hello all. I hope today is good for you.

LA Ty 07:22 GMT December 7, 2004 Reply   
"day"

LA Ty 07:22 GMT December 7, 2004 Reply   
are there specific or usual times of the say that central banks usually intervene? i.e. if it the BOJ, would they only intervene during Japan day hours?

KL KL 07:21 GMT December 7, 2004 Reply   
out eurusd +10 at 43...reshort higher!! or long lower

KL KL 07:15 GMT December 7, 2004 Reply   
out gbpusd +1 at 90 ...short eurusd 1.3453....sl 7 above...I anticipate BAD ZEW figure...otherwise damage to me is 7 pips.

Melbourne RTR 07:11 GMT December 7, 2004 Reply   
Go down you censored

lax-lgb SNP 07:02 GMT December 7, 2004 Reply   
the sooner mkt tackles 0.7878-0.7807 the sooner aud$ catches up with conti-majors

Tallinn viies 07:01 GMT December 7, 2004 Reply   
good morning world!
both my long euro positions are doing good.
euryen managed to hold over 1,3750/55.
eurusd build support a bit higher than I was expected.
wanted to buy at 1,3380/85 level but now we have new support at 1,3390/95.
first euro target 1,3535/40.

KL KL 07:00 GMT December 7, 2004 Reply   
whoops fell for that ...not that easy long again 1.9489...sl 10 below...maybe short covering coming...

KL KL 06:55 GMT December 7, 2004 Reply   
out again 1.9502 +25 SAR and short again here sl 7 above

Budapest Daniel 06:53 GMT December 7, 2004 Reply   
Was the market price at 1.9377 at around 06:49GMT???? I don't see it on my charts. Is it a typo?

KL KL 06:49 GMT December 7, 2004 Reply   
wheee...this is my day...I think.. out gbpusd short 1.9377 +23 SAR here long again sl 10 below

HOUSTON KENNY 06:46 GMT December 7, 2004 Reply   
the answer is that the dollar slide continues after the job data

KL KL 06:44 GMT December 7, 2004 Reply   
out gbpusd 1.95 SAR sl 7 above short here +54...that makes my day...

Sing GD 06:37 GMT December 7, 2004 Reply   
Anyone why the run up in the GBPUSD ? TIA

HOUSTON KENNY 06:30 GMT December 7, 2004 Reply   
a trend is your friend till it bends. dont see any sentiment change in dollar yet , there will be a run up this week against the dollar then i will close position and see if this trend will bend.

KL KL 06:27 GMT December 7, 2004 Reply   
in long gbpusd 1.9446 sl 7 below

KL KL 06:26 GMT December 7, 2004 Reply   
Could be blow off day

KL KL 06:25 GMT December 7, 2004 Reply   
out both usdjpy +2 gbpusd -3 not happy with price action

KL KL 06:21 GMT December 7, 2004 Reply   
long usdjpy 103.59 short gbpusd 1.9440...angry move

Tiberias nonstop 06:18 GMT December 7, 2004 Reply   
Euro/BP may break .69. On the dailey chart, after riding the 50 MA for several months, the pair broke down 7 days ago to meet the 100 MA at .6905. On the hourly, my indicaters are pointing down where the pair could meet support at .6790 which is the 200 MA. Also, fundamentally, the British economy seems to me to be healthier than Europe, as a whole.

Makassar Alimin 06:07 GMT December 7, 2004 Reply   
well, euro is still strong above 1.34, perhaps we have seen the range for the whole week? LOL, if we can hold above 1.34 for several more days, then get ready for more upside IMO...i said 1.37/1.38 but some said above 1.40, no matter what 1.35 needs to be cleared first

Dallas GEP 06:01 GMT December 7, 2004 Reply   
Closed eur/jpy shorts @ +20, eur/gbp shorts @ +22

KL KL 05:41 GMT December 7, 2004 Reply   
KENNY, don't tell me in these days of electronic trading your platform does not have a monthly statement? You may need to change them then? Anyway I do keep a detail record of every trade I take on a spread sheet...no probs!! gl gt time to shut eyes and ready for London session

HOUSTON KENNY 05:27 GMT December 7, 2004 Reply   
KL i like to know who does your taxes the way u trading will drive him nuts

KL KL 05:22 GMT December 7, 2004 Reply   
jcr, unfortunately my indiscipline cost me 17 pips...never mind out flat now and looking to short it again later/maybe soon or long usd jpy....next time to leave sl as sl no more adjusting...sometimes cannot control ego....that one is wrong...gl gt to you!!

Bahrain Within 10 Pips 05:08 GMT December 7, 2004 Reply   
Daily analysis
Currency Short Long TrendShort TrendLong
EURUSD 1.3595 1.3304 Sell Buy
USDJPY 102.9914 101.4557 Sell Hold
GBPUSD 1.9828 1.9084 Sell Buy
USDCHF 1.1450 1.1186 Sell Hold
EURCHF 1.5296 1.5135 Sell Hold
AUDUSD 0.7891 0.7702 Hold Buy
USDCAD 1.2019 1.1815 Sell Hold
NZDUSD 0.7281 0.7141 Hold Buy
EURGBP 0.6965 0.6851 Hold Buy
EURJPY 138.1341 135.9036 Sell Buy
GBPJPY 201.1139 195.6522 Sell Buy
CHFJPY 90.6604 89.3218 Hold Buy
GBPCHF 2.2267 2.1733 Sell Hold
EURAUD 1.7499 1.6953 Sell Hold
EURCAD 1.6212 1.5795 Sell Hold
AUDCAD 0.9358 0.9194 Sell Hold
AUDJPY 80.6101 78.6866 Sell Buy

Bahrain Within 10 Pips 05:03 GMT December 7, 2004 Reply   
Good Moring all..
did some analysis on daily data...
seems the mkt want to converge (Long term Vs Short Term Direction)...I think the volitilty is going to be low this week...
if U are a position trader...Leave the MKT for a while..
if U are a day trader..
Currency Short Long TrendShort TrendLong
EURUSD 1.3441 1.3395 Hold Buy
USDJPY 103.1571 102.5874 Hold Hold
GBPUSD 1.9447 1.9381 Hold Buy
USDCHF 1.1403 1.1349 Hold Hold
EURCHF 1.5287 1.5249 Hold Hold
AUDUSD 0.7778 0.7737 Hold Hold
USDCAD 1.2019 1.1974 Hold Hold
NZDUSD 0.7232 0.7201 Hold Buy
EURGBP 0.6917 0.6903 Sell Hold
EURJPY 138.3272 137.8074 Hold Buy
GBPJPY 200.2205 199.3436 Hold Buy
CHFJPY 90.5169 90.2058 Hold Hold
GBPCHF 2.2125 2.2053 Hold Buy
EURAUD 1.7311 1.7260 Hold Buy
EURCAD 1.6136 1.6060 Hold Buy
AUDCAD 0.9331 0.9276 Hold Hold
AUDJPY 79.9557 79.6266 Sell Hold

orlando jcr 04:56 GMT December 7, 2004 Reply   
KL,

Are you still in Cable short...???
It's been doing absolutely nothing.

LA Fxnew 04:51 GMT December 7, 2004 Reply   
can anyone predict the direction of usd/jpy ????

TIA

LA Fxnew 04:43 GMT December 7, 2004 Reply   
brisbane:

Thanks!

brisbane sunstate 04:38 GMT December 7, 2004 Reply   
LA Fxnew 04:04
The short version,your broker does not Guarante Fills on Stop Loss and Limit Orders

Bisbane PhD 04:36 GMT December 7, 2004 Reply   
Short AUD/USD .7763. Initial stop .7783.

LA Fxnew 04:04 GMT December 7, 2004 Reply   
whats slippage?

ny amc 04:04 GMT December 7, 2004 Reply   
Any thoughts here on eur/gbp ?

LA Ty 03:41 GMT December 7, 2004 Reply   
but ATL, brokers have slippage when it comes to major spikes so you could lose everythign in one shot no ?

Atl TJ 03:39 GMT December 7, 2004 Reply   
LA Ty 03:34 GMT December 7, 2004

Waiting for Intervention from any party is like waiting for the "Eternal Dirt Nap". Just think of all that you are going to miss while you wait.

LA Ty 03:34 GMT December 7, 2004 Reply   
scary time to trade

LA Ty 03:32 GMT December 7, 2004 Reply   
USD/CHF is falling again...maybe BOJ intervention soon?

KL KL 03:19 GMT December 7, 2004 Reply   
move sl to 1.9423...rats should have waited

KL KL 03:14 GMT December 7, 2004 Reply   
rats ...short again gbpusd 1.9406 sl 12 above...I think still need to test lower before higher

Hong Kong Qindex 03:10 GMT December 7, 2004 Reply   
Dow Jones Index : I feel very uncomportable when the market fails to overcome the projected resistance at 10600.


Melbourne Qindex 00:19 GMT November 1, 2004
Dow Jones Index : The current trading ranges from my Quarterly Cycle are as follow :-


Curve A : ... // 8288 - 8866 - 9444* - 10022 - 10600 // ...


Curve B : ... // 9059 - 9444 - 9829 - 10215 - 10600 // ...


Curve C : ... // 7518* - 8288 - 9059 -9829 - 10600 // ...

SAIHAT No_one_will_escape 03:08 GMT December 7, 2004 Reply   
1.3535 1.3540 R4
1.3498 1.3500 R3
1.3474 1.3475 R2
1.3469 1.3469 R1

EUR
1.3415 1.3411
1.3423 1.3425

1.3376 1.3377 S1
1.3371 1.3372 S2
1.3348 1.3350 S3
1.3310 1.3315 S4

may work may not

prague jv 02:53 GMT December 7, 2004 Reply   
perrie como 02:28 GMT December 7, 2004
TO GLOBAL VIEW JAY'S PALS
why not to publish another forum for helping to learn a better english

GREAT , we have a teatcher now .
besides , to who did you address your previous post??

Hong Kong Qindex 02:49 GMT December 7, 2004 Reply   
AUD/USD : Current Comment.  Register with Jay at  [email protected] if you have no access to my page.

jv prague 02:34 GMT December 7, 2004 Reply   
just did have a look at open trades entry price summary information and got the feeling like merket is swimming against the current or walking uphill , not very relaxing activity and not the best trading opportunity . patience and longer time frime for this period or scalping preffered .

Miami OMIL (/;-> 02:29 GMT December 7, 2004 Reply   
Like wise Gecko I agree it is reaching a climatic point and when it dives it will go down hard. Have a great week.

perrie como 02:28 GMT December 7, 2004 Reply   
TO GLOBAL VIEW JAY'S PALS
why not to publish another forum for helping to learn a better english

beside everything, compliments

perrie como 02:26 GMT December 7, 2004 Reply   
cuernavaca trader with 4 years sunny experience
gee ......do you need to express your EGO here...pls stay under the palms

Miami OMIL (/;-> 02:24 GMT December 7, 2004 Reply   
As the intraday indicators unwind for the both of these pairs (eur/usd, eur/jpy) we shall see if the bears get enough momentum this week to make some kind of dent on the bulls armor. In the meantime it is still buy on dip mode on my system with tight stops for the eur/usd pair.

Resistance for eur/usd pair stands now at 3460-70, 3500-10 and 3530-40. Main objective is still around the 3500-30 area.
Immediate retracement numbers are 3400-10, 3350-60, 3320-30, 3290-3300 and 3245-3055.
Retracement numbers are 3340-50, 3260-70, 3200-10, 3140-50 and 3060-70.
Second wave retracement numbers are 3260-70, 3150-60, 3050-60, 2950-60, and 2830-40 for now key retracement number is 3260-3270.
Resistance T/L 3450-60 and Support T/L is around 3340-50 and 3310-20
Support is around the 3390-3400, 3360-70, 3320-30, 3280-3300, 3250-60, 3210-30, 3140-50 and 3010-20 for now key support is around the 3250-80 area IMHO. GL GT

van Gecko 02:19 GMT December 7, 2004 Reply   
OMIL.. always good to see your accurate s/r levels.. either way, it looks like we'll see a resolution of this asymmetric triangle soon.. the compressing apex is dictating a climatic 'do or dive' scenario..
the same scenario applies for this latest Euro hourly flag pole from last Friday's spike.. cheers..

Halifax CB 01:59 GMT December 7, 2004 Reply   
chicago joe - I see USDCAD as travelling sideways for the most part, so give thought to looking for top type of activity in the 1.2020 or higher range, in which case it's usually good for 40 or 50 pips. But you really have to babysit it, and use wide stops. I still see the net pressure is towards the downside; it messed around rather like this back in July too, so I don't go long on the pair. GL/GT

Miami OMIL (/;-> 01:57 GMT December 7, 2004 Reply   
Hello Gecko good to see your comments in the forum once again. I am sorry if I sounded one sided on the eur/jpy pair I should of also presented the support (13700-10 and 3610-20 for now) that must contain this pair to test the said resistance levels and finally reach in the long run the main target. At this point until some of the key and main supports are taken out by the bears on these pairs I will have to remain bullish even on these new levels we are reaching for eur/usd pair. If we go by some of the technical indicators this $ correction is overdue as this unhealthy trend for the eur/usd pair has been breaking new highs. My comments were to support a possible break of the (3500-30) barrier, which is my main target for the eur/usd pair IMHO. GL GT

KL KL 01:57 GMT December 7, 2004 Reply   
short gbpusd 1.9390

tk jf 01:55 GMT December 7, 2004 Reply   
jv- im with u on the yen but we hvent seen a gr8 deal of return yet- its still a chf and eurchf gme as well - the mkt is moving easily up and down in those w/o setting a trend so have to look for that 2 - gt-

prague jv 01:42 GMT December 7, 2004 Reply   
what I tryed say is , it will be jpy what will be (imho) the moust influential ccy . I see jpy as negative ,so buying gbp/jpy , eur/jpy and usd/jpy depending on how eur/usd , gbp/eur and gbp/usd are doing .

chicago joe 01:38 GMT December 7, 2004 Reply   
any views on usd/cad? TIA!

van Gecko 01:35 GMT December 7, 2004 Reply   
good evening OMIL.. re eur/jpy asymmetric triangle.. bulls had been calling for a break since March eveytime it gets up here at the 137/138 levels.. imo at this point, its a bit premature to be calling for the 150/160 levels as its needs to sustained weekly closes above 138 just to retest the 141 mult year high again..
with eur/gbp in correction after failing to break over the .7000 levels, any eur/jpy setbacks from there could be a stumbling block for euro to sustain levels above 1.30 even if it overshoots up to the '1.35/1.40 all world target'.. fwiw..

orlando jcr 01:31 GMT December 7, 2004 Reply   
Prague,

Just for point of clarity, you say it is time for JPY to perform...

Are you saying USD/JPY should go up (long) or that the JPY should perform (USD short)...???

Just wanting to be clear about your view.

Miami OMIL (/;-> 01:29 GMT December 7, 2004 Reply   
Here are some more numbers I have come up with eur/gbp is finding support around the 6860-70 area if this support holds then a push up to take out the key resistance (6930-60) will be in the cards. Gold has also support around the 450.70-80, 446.70-80 and 433.10-30 area for now with resistance around the 457.40-50 area. Main target here should be around the 480-490 area in the long run. That should also help the eur/usd pair in the quest to break the psychological barrier (3500) IMHO. GL GT

prague jv 01:22 GMT December 7, 2004 Reply   
morning jf
eur/usd up movment is little bit discounted since it passed opportunity last trading session . Bias is still up and normaly wud use the 1.3380 as a key turning point .

JPY is going as per my mentioning about 2 or 3 days ago , and did not hesitate to take new higher levels .
Becose of it , we need to alowe for eur/usd chop-chop sideways with mid ref . aprox 1.3380 and calculate ( guesing) 40 to 50 pips from there , so bouth sides are flustrated well .
I will still keep long possie , but must come down with revers for now .

It is time for JPY to perform imho. gl

tk jf 00:54 GMT December 7, 2004 Reply   
good morning - sideways correction or something bit more powerful for eurusd ? that is the question

Miami OMIL (/;-> 00:54 GMT December 7, 2004 Reply   
FWIW eur/jpy has broken the asymmetric bullish triangle formed over the 1 ½ past years and most important has finally closed above it (137.00-10). Next resistance here will be met around the 139.00-10, 140.20-30 and the top for 2003 140.90-141. Main target for this pair in the long run will be around the 153.80-90 area. This is of course technical and does not count on the intervention that everyone is talking about. With this bullish move on this pair this should help the bulls in the eur/usd pair complete the main objective (3500-30) set after this pair broke the bullish triangle several months ago IMHO. GL GT

Cuernavaca Sledgehammer 00:52 GMT December 7, 2004 Reply   
Greetings everyone from warm and sunny Cuernavaca, Mexico!
As a professional trader with 4 years experience, I think it would be a brave man to play the markets during this month. I have found it particularly hard to play over the last few seasons and this year looks even worse.

However, I will tentatively say that we are in store for a minor dollar correction over the next few sessions, and if lucky a few days. Then, well ... back to selling dollars after xmas when the big game hunters return from their African safari hunts. Hasta pronto

wellington am 00:51 GMT December 7, 2004 Reply   
Syd 00:06 GMT December 7, 2004

Thanks for that. Here's the link



(Australian Economy continues to expand robustly)

china 00:28 GMT December 7, 2004 Reply   

still short stg 1.9435 from last fri , wht to do ?

ny suggestion guys ?

tks .

Tallinn viies 00:24 GMT December 7, 2004 Reply   
bought euryen at 138,05
stop at 137,49.
target 139,00/10 first.
good night

Philadelphia Caba 00:19 GMT December 7, 2004 Reply   
Minnesota U-Genius 00:12 GMT December 7, 2004

Agree with you, will short more at 138.30-60 if seen again.

Minnesota U-Genius 00:12 GMT December 7, 2004 Reply   
Philadelphia Caba 23:58 GMT
WEll , i already missed a good entry but i'm guessing that there will back a pull back to 138.5x, then i'll enter. But u never know. We'll see what market does.

KL KL 00:12 GMT December 7, 2004 Reply   
MEDAN FATGUY, top of the day to you...my entry just a quick play for a retrace up below 1.94...since you frighten me ...out gbpusd long at 1.9375 +9. Short term indicator showing over sold. Also some support around 1.9350-60!.. For today I think jap crosses more interesting....gl gt

btw...you are early...had your nasi lemak and teh tarik yet? or Won ton and coffee? Not been active posting lately...things must be too good...busy busy!!

china 00:12 GMT December 7, 2004 Reply   
agred , buy pull back , look for 2.0 stg

London. 00:10 GMT December 7, 2004 Reply   
E.U. finance ministers call more loudly for help to stabilize FX markets, its headlines like this which are probably making Euro long par back positions going into the XMAS break just incase the call for help is realised .

Tokyo IM 00:10 GMT December 7, 2004 Reply   
Goodmorning all.

Chicago JMI 00:09 GMT December 7, 2004 Reply   
MEDAN FATGUY 23:42 GMT December 6, 2004

Don't let a lagging indicator and a broken trendline fool you. Trend is still up. Buy pullbacks.

Syd 00:06 GMT December 7, 2004 Reply   
Australian Economy Grows Strongly In 4Q - ACCI Survey

 




Actionable trading levels delivered LIVE to YOUR charts

GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium

Mon 27 May 2019
AAGB/US- Holiday
Tue 28 May 2019
A 14:00 US- Consumer Confidence
C 13:00 US- Case-Shiller
Wed 29 May 2019
A 08:55 DE- Employment
AA 18:00 US- BOC Decision
A 18:30 US- EIA Crude
Thu 30 Mar 2019
AAEZ/CH- Holiday
A 12:30 US- Weekly Jobless
Fri 31 Mar 2019
AA 10:00 EZ- Flash HICP
A 12:30 US- Personal Income, Spending, Deflator
AA 14:00 US- Final Univ of Michigan


Global-View Affiliate Program

We are starting an affiliate program to market some of our products.

Send me an email if you would be interested or if you know someone who would like to be an affiliate. Generous commissions payout for those accepted.

Put the word "affiliate" in the email subject line.

Contact us

Start trading with forex broker Markets Cube




pic

Retail Forex Brokerage Changing!

Are you looking for your first broker or do you need of a new one? There are more critical things to consider than you might have thought.

We were trading long before there were online brokers. Global-View has been directly involved with the industry since its infancy. We've seen everything and are up-to-data with recent regulatory changes.

Our Best Brokers listing section includes:Forex Broker Reviews, Forex Broker Directory, Forex Broker Comparisons and advice on How to Choose a Forex Broker

If would like guidance, advice, or have any concerns at all ASK US. We are here to help you.

SEE Our Best Brokers List

Currency Trading Tools

  • Live rates, currency news, fx charts. 

  • Research reports and currency forecasts.

  • Foreign Exchange database and history.

  • Weekly economic calendar.

Directory of  Forex trading tools

 
Terms of Use    Disclaimer    Privacy Policy    Contact    Site Map


Forex Forum
Forex Trading Forum
Forex Forum + forex rates
Forex Forum Archives
Forex Forum RSS
Free Registration

Trading Forums
Currency Forum Guide
Forum Directory
Open Forum
Futures Forum
Political Forum
Forex Brokers
Compare Forex Brokers
Forex Broker News
Forex Broker Hotline

Online Forex Trading
Forex Trading Tools
Currency Trading Tools
Forex Database
FX Chart Points
Risk/Carry Trade Chart Points
Economic Calendar
Quicklinks to Economic Data
Currency Futures Swaps
Fibonacci Calculator
Currency Futures Calculator

Forex Education
Forex Learning Center
FX Trading Basics Course
Forex Trading Course
Forex Trading Handbook

Forex Analysis
Forex Forecasts
Interest Rate Forecasts
Central Bank Forecasts

FX Charts and Quotes
Live FX Rates
Live Global Market Quotes
Live Forex Charts
US Dollar Index Chart
Global Chart Gallery
Daily Market Tracker
Forex News
Forex Blog
Forex News
Forex Blog Archives
Forex News RSS
Forex Services
Forex Products
GVI Forex
Free Trials
FX Bookstore
Managed Forex Accounts
FX Jobs and Careers
Jobs USA
Jobs UK
Jobs Canada

Forex Forum

The Global-View Forex Forum is the hub for currency trading on the web. Founded in 1996, it was the original forex forum and is still the place where forex traders around the globe come 24/7 looking for currency trading ideas, breaking forex news, fx trading rumors, fx flows and more. This is where you can find a full suite of forex trading tools, including a complete fx database, forex chart points, live currency rates, and live fx charts. In addition, there is a forex brokers directory where you can compare forex brokers. There is also a forex brokers hotline where you can ask for help choosing a forex broker that meets your individual fx trading needs. Interact on the same venue to discuss forex trading.

Forex News

The forex forum is where traders come to discuss the forex market. It is one of the few places where forex traders of all levels of experience, from novice to professionals, interact on the same venue to discuss forex trading. There is also the GVI Forex, which is a private subscription service where professional and experienced currency traders meet in a private forex forum. it is like a virtual forex trading room. This is open to forex traders of all levels of experience to view but only experienced currency tradingprofessionals can post.

Currency Trading

Currency trading charts are updated daily using the forex trading ranges posted in the Global-View forex database. You will also find technical indicators on the fx trading charts, e.g. moving averages for currencies such as the EURUSD. This is another forex trading tool provided by Global-View.com.

Forex Brokers

The forex database can be used to access high, low, close daily forex ranges for key currency pairs, such as the EURUSD, USDJPY, USDCHF, GBPUSD, USDCAD, AUD, NZD and major crosses, including EURJPY, EURGBP, EURCHF, GBPJPY, GBPCHF and CHFJPY. Data for these currency trading pairs dating back to January 1, 1999 can be downloaded to an Excel spreadsheet.

Forex Trading

Forex chart points are in a currency trading table that includes; latest fx tradinghigh-low-close range, Bollinger Bands, Fibonacci retracement levels, daily forex pivot points support and resistance levels, average daily forex range, MACD for the different currency trading pairs. You can look on the forex forum for updates when one of the fx trading tools is updated.

FX Trading

Global-View also offers a full fx trading chart gallery that includes fx pairs, such as the EURUSD, commodities, stocks and bonds. In a fx trading world where markets are integrated, the chart gallery is a valuable trading tool. Look for updates on the Forex Forum when the chart gallery is updated.

Forex Blog

Global-View.com also offers a forex blog, where articles of interest for currency trading are posted throughout the day. The forex blog articles come from outside sources, including forex brokers research as well as from the professionals at Global-View.com. This forex blog includes the Daily Forex View, Market Chatter and technical forex blog updates. In additional to its real time forex forum, there are also Member Forums available for more in depth forex trading discussions.

 

WARNING: FOREIGN EXCHANGE TRADING AND INVESTMENT IN DERIVATIVES CAN BE VERY SPECULATIVE AND MAY RESULT IN LOSSES AS WELL AS PROFITS. FOREIGN EXCHANGE AND DERIVATIVES TRADING IS NOT SUITABLE FOR MANY MEMBERS OF THE PUBLIC AND ONLY RISK CAPITAL SHOULD BE APPLIED. THE WEBSITE DOES NOT TAKE INTO ACCOUNT SPECIAL INVESTMENT GOALS, THE FINANCIAL SITUATION OR SPECIFIC REQUIREMENTS OF INDIVIDUAL USERS. YOU SHOULD CAREFULLY CONSIDER YOUR FINANCIAL SITUATION AND CONSULT YOUR FINANCIAL ADVISORS AS TO THE SUITABILITY TO YOUR SITUATION PRIOR TO MAKING ANY INVESTMENT OR ENTERING INTO ANY TRANSACTIONS.

By using this website, you are agreeing to our Privacy Policy and Terms of Use, and Cookie Policy

Copyright ©1996-2019 Global-View. All Rights Reserved.
Hosting and Development by Blue 105

?>