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Forex Forum Archive for 02/09/2004

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test 23:35 GMT February 9, 2004 Reply   
test

GVI john 22:47 GMT February 9, 2004 Reply   
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STRATEGY SESSION —Far East Open
eur/$ 1.2695…. $/yen 105.65
DJIA 10,579, -14 pts…NASDAQ 2,061, -3 pts
10-yr 4.06%, -3 bp’s
MARKET OPINIONS:
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CLICK HERE
See GVI....

Global-View 22:41 GMT February 9, 2004 Reply   

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Melbourne Qindex 22:36 GMT February 9, 2004 Reply   
EUR/USD : The following is still valid in Asia time. See the current one in my page. Register with [email protected] if you have no access to my page.


Melbourne Qindex 08:27 GMT February 9, 2004
EUR/USD (adjusted) : Daily Cycle Quantised Levels

The market rhythm of my daily cycle is represented by 0.00174.


... 1.2548 // 1.2565, 1.2583 ... 1.2617, 1.2635, 1.2652 ... 1.2704, 1.2722 // 1.2739, 1.2757 ...

Melbourne Qindex 22:22 GMT February 9, 2004 Reply   
EUR/USD : Current Comment . Register with [email protected] if you have no access to my page.

Aden PK 21:44 GMT February 9, 2004 Reply   
Bi for now to all freinds at the forum time to sleep now, will be back tomorrow at U.S opening, GL>

Aden PK 21:41 GMT February 9, 2004 Reply   
Beirut MK, there are fare chances of pullback to 1.3220 area as USD/Cad fails to close on daily basis above 1.3330 this is just a technical view, I will be considering buying near these levels if the pair succeed in base building at this level.

Any how I wish you best of luck in your trade.

BEIRUT MK 21:31 GMT February 9, 2004 Reply   
if usdcad moves along with eurusd
usdcad should be in the 1.30X

watch eurcad this will guide

thank you.

Aden PK 21:27 GMT February 9, 2004 Reply   
Barcelona, my pleasure, I must say there are pretty good chances for correcton towards 1.3145 technically as recent Canadian employment data favour a strong Canadian Dollar plus if the market is looking to see higher GBP/USD and Euro/USD then USD/CAD fall is imminent, good luck

Barcelona JP 21:25 GMT February 9, 2004 Reply   
In Barcelona (Catalonia): 21:24 GMT.

Time to go to sleep.

Good trading to all and good luck.

BEIRUT MK 21:24 GMT February 9, 2004 Reply   
load more usdcad long at 1.3275

thank you

Barcelona JP 21:23 GMT February 9, 2004 Reply   
Lowering my S/L at entry: 1,3290.

Barcelona JP 21:21 GMT February 9, 2004 Reply   
Like that, Aden.

BEIRUT MK 21:20 GMT February 9, 2004 Reply   
Aden, inability to close below 1.3230
make me believe that usdcad will soon
test 1.3440, i will reverse only with a clear
break of 1.3230

thank you.

Aden PK 21:19 GMT February 9, 2004 Reply   
Barcelona JP, I like your consistency, you will be rewarded, Good luck to you

Barcelona JP 21:15 GMT February 9, 2004 Reply   
Keeping my short USD/CAD at 1,3290. T/ 1,3145. S/L 1,3325

Aden PK 21:14 GMT February 9, 2004 Reply   
Beirut MK, Just to mention you that if USD/CAD fail to break 1.3350 then there is huge possibility of a larger correction, I expect to see high of 1.3325-30 max during the Asian session

BEIRUT MK 21:07 GMT February 9, 2004 Reply   
long usdcad at 1.3288 for a test-break 1.3440

thank you.

lahore FM 20:58 GMT February 9, 2004 Reply   
GEP,
If u want to be filled at all,move the buy cad order to 1.3320.IMHO.

Aden PK 20:53 GMT February 9, 2004 Reply   
Closed Dlr/Cad at 1.3287 have a feeling may try to move slight upward, as failed to correct in almost last 5 hours below 1.3280

prauge viktor 20:43 GMT February 9, 2004 Reply   
ok Gep ,if the eur hit the 1,20 that is a very good signal that as u said the 1,35 will come .

Dallas GEP 20:43 GMT February 9, 2004 Reply   
Sorry guys 1.3228 buy order

Dallas GEP 20:42 GMT February 9, 2004 Reply   
Before I go, I will leave a 1.3328 buy order on CAd with fairly tight stop. As I said earlier. I got out of my SHORT caddy at BE.

Dallas GEP 20:39 GMT February 9, 2004 Reply   
Viktor, the Euro medium term is a VERY diffcult call. The US wants a weak dollar policy but the euro nations are being hurt from an exports standpoint. Will the EU take measures to weaken euro???? It seems doubtful at this time. So that would lead you to beleive 1.35 Euro this year wouldn't be out of the question if market is left by itself. BUT, will it be left unchecked???? That is the question where there is no definitive answer. I think 1.30 print this year is VERY probable BUT I also think we will see 1.20 as well.

Out for now.

Barcelona JP 20:30 GMT February 9, 2004 Reply   
GBP/USD is a buy at 1.8635. Target 1.8833/1.8937. S/L 1.8500.

lahore FM 20:27 GMT February 9, 2004 Reply   
buying goose stop loss 1.3326

Gen dk 20:27 GMT February 9, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Dallas GEP 20:25 GMT February 9, 2004 Reply   
Well Caddy won't go thru this 1.3285 level right now so screw it, I am closing at BE. BAck in Asia.

prauge viktor 20:23 GMT February 9, 2004 Reply   
Gep u know I bought it when it was 1,124 as u told me and i sold it pn 1,282.and now Im thinking if it will be 1,425 to the mid of this year I mean the EURˇ/usd what u think about it.

lahore FM 20:21 GMT February 9, 2004 Reply   
Buying Eur/Usd stop 1.2648

Chicago Irish 20:20 GMT February 9, 2004 Reply   
Jay:There is a village called Newbie in the Dumfries area of Scotland :-)

Vilnius george 20:17 GMT February 9, 2004 Reply   
Global-View 20:12
for what reason do we need to know place? thanks

Rivonia PipPirate 20:16 GMT February 9, 2004 Reply   
Newbie Vereeniging = Republic(bannana) of South Africa:-)

Global-View 20:12 GMT February 9, 2004 Reply   
Newbie is not a location.

Dallas GEP 20:10 GMT February 9, 2004 Reply   
Thanks Viktor, the funny thing about predictions is normally over a period of time they ALL come true. The key is whether or not the money holds out until then!!!! LOL

Newbie Vereeniging 20:09 GMT February 9, 2004 Reply   
I humbly apologise! :)

Las Vegas DJM 20:07 GMT February 9, 2004 Reply   
Newbe... Yes, as in Canadian Goose.

Global-View 20:04 GMT February 9, 2004 Reply   
Newbie 19:57 GMT February 9, 2004 - newbie or not, you must include your location to keep your posts on the FF.

Miami OMIL 19:58 GMT February 9, 2004 Reply   
Newbie 19:57 GMT February 9, 2004

That is a nickname for USD/CAD. (/;->

Miami OMIL 19:57 GMT February 9, 2004 Reply   
Well GEP it is so mixed that I have been preaching for a long on the eur/usd and I hold a short right now from 1.2735. I will dump this trade if I see that the 1.2635-25 area is not touched soon and I still believe the market is still $ short IMHO. (/;->

Newbie 19:57 GMT February 9, 2004 Reply   
Apologies for a silly question! Can someone please explain "goose", What pair is it referring to?

phils VL 19:54 GMT February 9, 2004 Reply   
eur/usd - TP at 1.2682 from 1.2742. Now flat. Placed limit sell entry at 1.2710 s/l abv 1.2790.

usd/jpy - limit buy entry at 105.45 not triggered. Will leave order open and hope it triggers in o/nite trade. s/l sub 105

prauge viktor 19:54 GMT February 9, 2004 Reply   
youv got right and everyone is just waiting,when the BOJ will aggres.interv!!Gep Iv got a lot of respect for your opinion u know on septemper u told me that the EUR going to be 1,2.if u still remeber that.

Quezon Mailman 19:51 GMT February 9, 2004 Reply   
Have to call it a day. Signing off with the goose floating the sea. Thanks to all for making this forum SOMETHING to look forward to each day.

Dallas GEP 19:50 GMT February 9, 2004 Reply   
Yeah OMIL, it isn' all that clear is it???? Problem is almost all the pairs read the same way. I thought the Aussie short I took had the clearest signal but I bailed out @ +18 pips because the signals became mixed chartwise.

Dallas GEP 19:45 GMT February 9, 2004 Reply   
Viktor, it's simple indecisiveness. Plus market is thin. I am sure there were many long euro folks who got stopped out come opening this week only to see those Friday levels again.

Quezon Mailman 19:43 GMT February 9, 2004 Reply   
30-minute chart shows 2x price touched 1.3285 then it bounced back sharply towards the 1.3300. Scalpers may trade the range.

Miami OMIL 19:42 GMT February 9, 2004 Reply   
GEP picking on the goose again I see. I believe that this pair could go up again to test the 1.3440 area again. To continue the downward trend it has to stay under 1.3330-00 even though the 1hr indicators are turning south the 4hr indicators are turning up. R/R on this one not so clear yet IMHO. (/;-> GL GT

Quezon Mailman 19:37 GMT February 9, 2004 Reply   
Mini sirens sounding. Dollar looks to be on a comeback trail. And it may affect the sail of the lonely goose. I hope Euro ang GBP will cooperate.

prauge viktor 19:37 GMT February 9, 2004 Reply   
Gep whats going on the market just stoped it s like the silince befor the storm.

Melbourne Qindex 19:35 GMT February 9, 2004 Reply   
EUR/USD : The market can't make up its mind to go ahead to 1.2840 or retrace back to 1.2525 at this moment. 1.2682* is a quantised level in my 22-day cycle reference.

Melbourne Qindex 10:43 GMT February 9, 2004
EUR/USD : 22-Day Cycle Trading Reference

... // 1.2525* - 1.2604 - 1.2682* - 1.2761 - 1.2840* // ...

Aden PK 19:33 GMT February 9, 2004 Reply   
Dallas GEP, well the market most of the times move contrary to the expectation of the small traders, tendency is to hunt their close stops and then move towards the technical directions.

Quezon Mailman 19:32 GMT February 9, 2004 Reply   
Everyone seems to be focused on the goose while peacefully dreaming on the red sea. Hopefully when it gets up, those who have shorted will be happy. All the best!

Dallas GEP 19:26 GMT February 9, 2004 Reply   
RE: usd/cad Tell you what, it ALWAYS bothers me when I am going same direction as IFR!!! (LOL)

Aden PK 19:26 GMT February 9, 2004 Reply   
I myself is also short USD/CAD from 1.3292 with a stop at 1.3335 bid

Aden PK 19:24 GMT February 9, 2004 Reply   
A daily close below 1.3260 will further encourage the short trade in USD/CAD

Quezon Mailman 19:22 GMT February 9, 2004 Reply   
USD/CAD seems to be forming an inverted h & s pattern in the hourly charts with a slide pointing to around 1.3260/65, a congestion, followed by a rebound to challenge 1.3310/12 high.

Aden PK 19:21 GMT February 9, 2004 Reply   
Scotia Bank: the break under 1.3280 targets a technical drop towards 1.3130
IFR NEWS: Short taken at 1.3283 target 1.3145
In view of above and on charts one can risk a short trade with a close stop

Aden PK 19:21 GMT February 9, 2004 Reply   
Scotia Bank: the break under 1.3280 targets a technical drop towards 1.3130
IFR NEWS: Short taken at 1.3283 target 1.3145
In view of above and on charts one can risk a short trade with a close stop

Barcelona JP 19:21 GMT February 9, 2004 Reply   
Target USD/CAD:

1,3145

Dallas GEP 19:20 GMT February 9, 2004 Reply   
DP there is support @ 1.3280 but I think it might see 1.3260 so that is atually my target. Resistance is at 1.3300 and 1.3320. High today has been 1.3312 I believe

nyc fxdh 19:19 GMT February 9, 2004 Reply   
I am long $/cad since last night..like the four hour chart. think we will see 1.3450ish in few days.

Barcelona JP 19:19 GMT February 9, 2004 Reply   
Lets get serious.
Can Bush afford to lose elections?
Can Bush afford a dip in exports?
Greenspan is a bubble man. So, lets euro run to heaven.

Stockholm za 19:18 GMT February 9, 2004 Reply   
Sweden mike…. If you scroll down this page & click on the (next page) at the bottom, you will find what you are looking for….
To all newbies (to the Forum) GV has one of the most complex and extended libraries of FX and it will be wise to (learn) or remember to use the ARCHIVE to find what you are looking for (or what you wish) …
Many thanks to GV (Staff) and contributes…
Happy trades to all……

Sweden mike 19:15 GMT February 9, 2004 Reply   
Thank you...

Kaunas DP 19:14 GMT February 9, 2004 Reply   
Dallas GEP 18:07 GMT February 9, 2004
Just took USD/CAD short @ 1.3292. That has a pretty goood R/R Put stop above today's high.


what is your target (20-30 pips or more) - TIA

Quezon Mailman 19:11 GMT February 9, 2004 Reply   
Sweden mike 18:58 GMT February 9, 2004

Hourly technicals pointing to correction downwards (short) USD/CAD.

Wiarton H 19:10 GMT February 9, 2004 Reply   
Sweden mike 18:58 GMT February 9, 2004
The Goose is drunk wait until sober

Gen dk 19:03 GMT February 9, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Va Raven 18:59 GMT February 9, 2004 Reply   
Also, Belgian FinMin Reynders says there is no point intervening without the Fed. Though intervention with the Fed is "possible", it is not imminent.... and it's up to ECB not FinMins.
While Snow said today that "I would never say never" on intervention.
Take your pick as to read these lips correctly.

Sweden mike 18:58 GMT February 9, 2004 Reply   
Any body knowes about USD/CAD, long or short...??

Sweden mike 18:57 GMT February 9, 2004 Reply   
anny one knowes about USD/CAD, long or short...??

Gen dk 18:32 GMT February 9, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Va Raven 18:31 GMT February 9, 2004 Reply   
"EURO-DOLLAR: Michael Woolfolk of Bank of New York has raised his end of year euro-dollar forecast to $1.4000 from his previous target of $1.3000. Woolfolk made a promise last week to up his euro forecast if he was not satisfied with the G-7 communique. He is prepared to raise his euro target further if it appears that capital inflows into the US begin to diminish. BONY is looking at 3 factors that should keep foreign money coming into the US 1) a 15-20% increase in US equities, 2) eventually a 100 bps of Fed tightening to make US interest rates more attractive and 3) a weaker dollar to increase US exports. A disruption in any of these three events could prompt additional dollar declines. Of the threat of potential intervention, Woolfolk says he would be prepared to adjust his forecast lower if the ECB (or G-3) does step in with physical intervention. For now however, he stands pat at $1.40. "The market is waiting to see if the G-7 will put their money where their mouth is,"

Dallas GEP 18:31 GMT February 9, 2004 Reply   
Yeah H, you are right.

Wiarton H 18:29 GMT February 9, 2004 Reply   
This could be the sell signal for loony(US/Cad),but signals are a bit off after the big move last night

Gen dk 18:23 GMT February 9, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

prauge viktor 18:11 GMT February 9, 2004 Reply   
thanks Gep

Dallas GEP 18:10 GMT February 9, 2004 Reply   
Viktor, NZD/USD is in middle of it's range. Could go either way.

Quezon Mailman 18:08 GMT February 9, 2004 Reply   
Thanks Dallas. You just reinforced by plan. I just shorted at 1.3291 with stop a little above 1.3317. I am just observing the 5-15 minute chart now for very short trade positions.

Dallas GEP 18:08 GMT February 9, 2004 Reply   
Thanks Mailman, for bringing Caddy up, I was focusing on some other pairs.

Dallas GEP 18:07 GMT February 9, 2004 Reply   
Just took USD/CAD short @ 1.3292. That has a pretty goood R/R Put stop above today's high.

prauge viktor 18:03 GMT February 9, 2004 Reply   
ok Gep and whats abt nzd/usd can you tell me how it will be better short or long

SNP 18:02 GMT February 9, 2004 Reply   
eurusd above 1.2630-50 zone after london opens tonite would try once more @ the high 1.27s

Dallas GEP 18:02 GMT February 9, 2004 Reply   
Mailman, you could with a stop above today's HIGH.

Cairo MDR 17:59 GMT February 9, 2004 Reply   
closed my euro short from 2747 and waiting for establishing a long position near 2630 if it holds or 2598..

Quezon Mailman 17:56 GMT February 9, 2004 Reply   
Anyone looking to sell USD/CAD at this juncture?

Dallas GEP 17:54 GMT February 9, 2004 Reply   
Viktor, I wouldn't take any possie with euro right now

Quezon Mailman 17:53 GMT February 9, 2004 Reply   
Booked 10 pips on short trade USD/CHF.

Dallas GEP 17:53 GMT February 9, 2004 Reply   
Others have expressed this today as well but trading in US session today is very mixed. If you take a possie I would close it at 15-20 pips and be happy because I don't see us making any long sustained runs at least during US

prauge viktor 17:52 GMT February 9, 2004 Reply   
hello Geb from dallas:
I would like to ask you a fever pleas what do you think for the eur/usd may I buy it now and the target is 1,28
or shall I sell and the target 1,255.thanks

Dallas GEP 17:47 GMT February 9, 2004 Reply   
Well Kevin I have done that before!!!

sarasota jf 17:46 GMT February 9, 2004 Reply   
snow never say never abt buying usd

Dallas GEP 17:46 GMT February 9, 2004 Reply   
RE: Eur/GBP MACD is still going down so still possible to short some more I suppose. I will just leave that .6805 buy order in place for now and check back in a little while.

Quezon Mailman 17:43 GMT February 9, 2004 Reply   
Shorted USD/CHF at 1.2380 earlier with stop 1.2395. Still closely watching. Would liquidate if 1.2350 does not yield.

Dallas GEP 17:37 GMT February 9, 2004 Reply   
AB, this .6814 level is actual support on this eur/gbp/. It may very well NOT get down to fig. especially with euro longing some now. If Pound makes new high tho we COULD see fig. It's a tossup!!!!

HK Kevin 17:34 GMT February 9, 2004 Reply   
Hi ha ab. Very lucky today to escape of my short USD/CAD position from 1.327? at 1.3304 for tiny profit. I put a s/l order at 1.3241 last Fri, but key in the wrong no 1.3141. It was not executed this Asian morning.

hk ab eur/gbp 0.66 17:32 GMT February 9, 2004 Reply   
gd night gd trade.

Gen dk 17:32 GMT February 9, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

HK Kevin 17:31 GMT February 9, 2004 Reply   
HK [email protected] 17:14 GMT, correct me if I am wrong. I can't see a shooting star in the daily chart of EUR as we have a higher low and higher high. 

hk ab eur/gbp 0.66 17:30 GMT February 9, 2004 Reply   
Kevin, shorted eur/chf again 1.5695, this range is so tight now.

HK [email protected] 17:14 GMT February 9, 2004 Reply   
A nice shooting star on the daily Euro.

I expressed my suspect at;

HK [email protected] 10:01 GMT February 9, 2004
Euro; Some Res. at 1.2760/65. Trying to target at 1.2805 (Very exhaustive). First foundation for reversal to 1.1950 will be established if 1.2760/65 can't be penetrated.

Now it may be good to watch for a reversal in trend, and daily indicators for support of that view(NO GUARANTEES)

London JO 17:12 GMT February 9, 2004 Reply   
Does anybody know upon what the WSJ bases it's currency rates? Thanks!

hk ab eur/gbp 0.66 17:06 GMT February 9, 2004 Reply   
moment for truth telling, eur/gbp

hk ab eur/gbp 0.66 16:50 GMT February 9, 2004 Reply   
manipulating and carrying the nzd again.

PAR 16:49 GMT February 9, 2004 Reply   
Weakening EURGBP is helping european exports to the UK.

hk ab eur/gbp 0.66 16:41 GMT February 9, 2004 Reply   
what a short live movement.

USA Biscuit Boy 16:39 GMT February 9, 2004 Reply   
Ldn unfortunately thr eurozone officials have tipped their hand once again. No intervention until 1.3000 and above. No prizes for guessing where the market is heading next. Would have been way more effective in containing euro strength if they kept their mouths shut. I think now buying euro towards 1.2620 is best value for money. And I don't personally believe they will ever use interest rates to intervene. Just expect jawboning towards 1.29 and we will see if they can walk the walk above 1.3000.

Dallas GEP 16:36 GMT February 9, 2004 Reply   
Note to NEWBIES> Chart prices are normally expressed as BID prices. So when someone says they have a BUY order at for example 1.2650 (ASK price) on Eur/USD, that really is 1.2646 (assuming 4 pip spread) on the BID side which would also be reflected in your chart price.

Ldn 16:27 GMT February 9, 2004 Reply   
Comments from unnamed EcoFin sources threatening rate cuts and intervention are spooking the market.

Lahore Rk 16:26 GMT February 9, 2004 Reply   
USA Biscuit Boy 16:22 GMT thanks for the help

Dallas GEP 16:25 GMT February 9, 2004 Reply   
AB, I am watching eur/usd. If we break hard low, I don't think GBP will short as fast leading to an even LOWER eur/gbp. But in any regard, eur/gbp should at least bounce up from .6800 bid. So I as well have a BUY order @ .6805 ASK

nyc jk 16:24 GMT February 9, 2004 Reply   
somehow I highly doubt the BOE has a policy objective to boost British M&A activity.............

Madrid GLR 16:23 GMT February 9, 2004 Reply   
GEP, thnx. Have been out but will come for 1/3 position at 132. 65 if allowed.

USA Biscuit Boy 16:22 GMT February 9, 2004 Reply   
Lahore RK I would expect very good support for euro there. Buying 1.2600/20 excellent value for money IMO. Stops below 1.2560. GL and GT.

PAR 16:21 GMT February 9, 2004 Reply   
BOE wants strong GBP to help UK companies in their takeover of US companies ,e.g. ATT, Providian etc

hk ab eur/gbp 0.66 16:21 GMT February 9, 2004 Reply   
GEP, I closed that earlier as the .6840 was so tough.

So, it's a new limit to buy eur/gbp .6805 for an easy trade. V. simple one indeed.

chicago cal 16:20 GMT February 9, 2004 Reply   
entering eur/usd long positions between 1.2650 and 1.2600 for 1.2750 stop loss: 1.2560

gl, gt

Dallas GEP 16:20 GMT February 9, 2004 Reply   
GLR, usd/cad probably in no-man's land right now. HAd a huge buy candle or NORMALLY I would have considred a SELL @ 1.3300

Dallas GEP 16:18 GMT February 9, 2004 Reply   
AB, so you have been short???? NICE

Ldn 16:18 GMT February 9, 2004 Reply   
Swiss names have been strong sellers of EUR/JPY in the run-up to the London fix. A US money center bank has been a strong seller of straight ERU/USD in addition to the cros Buba's Welteke is on the tape saying that the G7 communique should clear up any misunderstanding left over from the Dubai statement. The new communique should help calm markets, he says.
s sales.

hk ab eur/gbp 0.66 16:16 GMT February 9, 2004 Reply   
GEP, my limit .6805, SAR underneath.

Nassau QF (newb) 16:15 GMT February 9, 2004 Reply   
Dang. False signal :(

2 losing trades out of the last 15.
Still not too bad.

USA Biscuit Boy 16:14 GMT February 9, 2004 Reply   
Took profit on euro short from 1.2720 last night.

phils VL 16:14 GMT February 9, 2004 Reply   
eur/usd - having broken 1.2685, chance for 1.2625 via 1.2660 and 1.2640 today. Will TP at one of these lvls later, frm 1.2742

Ldn 16:13 GMT February 9, 2004 Reply   
US ECON: Kansas City Fed Index Jumps to 17

Lahore Rk 16:12 GMT February 9, 2004 Reply   
Euro/usd any support near 12610
Opinion would be of great help

GL/GT

Dallas GEP 16:12 GMT February 9, 2004 Reply   
Eur/GBP watch in effect now. This .6820 considered VERY strong support. Pound strength has gotten us this low. May consider a long at .6810 or HERE. Willl see

Madrid GLR 16:09 GMT February 9, 2004 Reply   
GEP, how are you seeing USD/CAD? GLR

PAR 16:08 GMT February 9, 2004 Reply   
Looks like Schroeder will lose his job before Blair.

Dallas GEP 16:05 GMT February 9, 2004 Reply   
Thanks!!!! Took my +18 pips on Aussie short probably will short some more.

madrd val 16:03 GMT February 9, 2004 Reply   
Anyone saw low eruusd?

Nassau QF (newb) 16:02 GMT February 9, 2004 Reply   
Trying out a long on EUR/USD stop loss at 1.2665

Ldn 16:01 GMT February 9, 2004 Reply   
Dallas GEP excellent trade on aud

Nottingham 16:01 GMT February 9, 2004 Reply   
Short nzdusd @6962...target strictly speaking 6925/30 today but if 6940/45 seen b4 1800gmt then will take...otherwise hold till tom...gl gt

hk ab eur/gbp 0.66 15:52 GMT February 9, 2004 Reply   
eur/aud in free fall mode to 1.61 area soon.

hk ab eur/gbp 0.66 15:51 GMT February 9, 2004 Reply   
nt, tell ya what, I have an option at 1.3388 on cad, expire Fri.

Ldn 15:48 GMT February 9, 2004 Reply   
Talk of intervention will make it harder to take euro higher this week as they could play their hand.

PAR 15:44 GMT February 9, 2004 Reply   
Impossibel to sell GBP with so much interest against you.

hong kong nt 15:43 GMT February 9, 2004 Reply   
hk ab eur/gbp 0.66 15:38 GMT -- hope to meet you and Dr Q soon. many good trades...

hk ab eur/gbp 0.66 15:38 GMT February 9, 2004 Reply   
nt, ya.

but I would say, if EC official take out their canon out earlier, it will be even make our trade easier.

I think when QIndex come back from AUssie, we can have another gathering again.

GT.

hong kong nt 15:36 GMT February 9, 2004 Reply   
hk ab eur/gbp 0.66 15:24 GMT -- hope to see another range market this week...

Ldn 15:29 GMT February 9, 2004 Reply   
Comments from Ecofin have emerged that they will look at ways of cooling the EUR and that discussions will include intervention. reuters.

Global-View 15:29 GMT February 9, 2004 Reply   
HC, note:
GVI 15:19 GMT February 9, 2004
DJ headline: Ecofin to discuss "all possible ways" to cool euro (Ecofin meeting in Brussels tomorrow).

London HC 15:27 GMT February 9, 2004 Reply   
Any news out?

Stockholm za 15:26 GMT February 9, 2004 Reply   
Fwiw.. EUR/USD …gives negative value from the time decay equation ( TDE ) when trading under ~1,2727..
Possible triangle extension from P&F long-term charts…
Ema (89) has synchrony with triangle base today…..
Happy trades……..

Hong Kong VS 15:24 GMT February 9, 2004 Reply   
With the twin deficits I cannot see where the boost for the USD should come from. Around 1.3 the Euro looks a bit tired but it will also not drop much

hk ab eur/gbp 0.66 15:24 GMT February 9, 2004 Reply   
bc, look the eur/gbp is responding to your comment.
Thanks for your range provided.

phils VL 15:19 GMT February 9, 2004 Reply   
Helsinki iw// agree with your views since some time ago... fundamentally, value bias is clearly not with the eur (v. usd) anymore. Yes it could capitulate to 1.30-1.33 in the foreseeable future but that will provide a tremendous boost to the usd therefter.

Nairobi, Kenya Jk 15:17 GMT February 9, 2004 Reply   
Good night guys. Today I have really suffered in the hands of the beast. I still retain my cable and usd/eur longs. My s/l at 1.8555 and 1.2685 respectively. My targets 1.8645 and 1.2775
May the day break!
GL and GT to all.

SA Bok 15:16 GMT February 9, 2004 Reply   
US Session pretty boring today .. will call it a day .. GL all

Dallas GEP 15:11 GMT February 9, 2004 Reply   
OK guys I am taking Aussie short here @ .7780. This is a layered short in that it may very well go to .7800 and fail there which would be a triple failure. It does show signs of stalling here however. Will see.

Ldon 15:09 GMT February 9, 2004 Reply   
Wholesalers turned in an impressive sales performance for December
and they accumulated inventories at a slightly faster pace than economists had
expected

Nairobi, Kenya Jk 15:06 GMT February 9, 2004 Reply   
cairo asamir 14:57
Try any web search engine on Technical analysis. You will unearth a million sites. For example
http://www.equis.com/Education/TAAZ.
Otherwise why not invest in good books like.'technical analysis for financial markets by John Murphy. Or Trading for a living: psychology, trading tactics, money management by Alexander elder?

Helsinki iw 15:06 GMT February 9, 2004 Reply   
Fwiw/ Although the G7 communique may not have been as
staunchly worded as the market had hoped for it should be
clear that pain level of the powers-that-be is close at hand,
1,30++. Personally cannot see decent risk-reward in selling
the USD here, other than for short term trades. The market
may take it´s time in rolling over, but eventually we will see
it chase substance.

There is not much substance in the euro above 1,15, although
many comment that we are only some 7% higher than at it´s
inception. These people are however forgetting that the US
has outpaced the EZ in productivity growth steadily every
year since then, so the if the euro was worth 1,19 then, which
is questionable, it most certainly is not now. Greenspan may
have overstated the efficency of the US economy, but it is
hard to understate that of Europe´s. The standard phrase of
the ECB about structural reform are not empty words and int-
erst rates at zero cannot remedy the fact that nothing has
been done in a stagnant economy, while the US is vibrant and
allocates capital effectivly.

This of course not tradable for the short-term.

SA getFX 15:00 GMT February 9, 2004 Reply   
cairo asamir 14:54 GMT >
http://www.chartpattern.com/chart_patterns.html
http://www.equis.com/Education/TAAZ/
http://stockcharts.com/education/
http://fxtrade.censored.com/currency_trading/
Good Luck...

Dublin Flip 15:00 GMT February 9, 2004 Reply   
Gep I thought Junior was hilarious.
He's got that "It wasn't me. It was broken when I got here" dazed and confused look down pat.
I love how reverent the interviewers are. Maybe they could have got tough a la
"What about the bidget defcit sir??? You're taking in less tax and spending more per capita than any President on record. Doesn't it worry you where all this money comes from????
I know growth will fix it sounds good on a bumper sticker but what about the debts you are racking up on our behalf????" _LOL

Ldn 14:59 GMT February 9, 2004 Reply   
Does anyone see the Euro taking a journey South today to the valley's

beijing road 14:58 GMT February 9, 2004 Reply   
Dallas GEP 14:46 GMT February 9, 2004
Ldn, Bush's probability of re-election is in my view 75-80%.

So, we should long bush,but who will be shorted? LOL

cairo asamir 14:57 GMT February 9, 2004 Reply   
Nairobi, Kenya Jk 14:51 GMT February 9, 2004
do u know , i have opened an acct (real Acct) with 300$ and i have lost a lot , i thought it will be easy but really i need a lot to understand in addition to a professional and experienced trader to help me out

usa monster 14:57 GMT February 9, 2004 Reply   
if i am candidate for president election mu slogan will be
u give mee vote i will give u dollars

cairo asamir 14:54 GMT February 9, 2004 Reply   
Nairobi, Kenya Jk 14:51 GMT February 9, 2004
do u know any free resources that can help me

Dallas GEP 14:53 GMT February 9, 2004 Reply   
LDN, Bush's interview with MEET the PRESS was horrible. He doesn't do well at all in spotaneous environment (deer in the headlights syndrome). His handlers will be very careful in limiting his exposure to those type of situations during the campaign.

dye 14:52 GMT February 9, 2004 Reply   
Thanks London, didn`t know

Chicago Irish 14:52 GMT February 9, 2004 Reply   
Dye:That story has been around since the breakup of the Soviet Union and has been discredited many times before.

usa monster 14:51 GMT February 9, 2004 Reply   
if people elect mee as us president
1..............i will give raden new pc
2...............i will pay mr qindex his fee
3..............i will stop trading for one month so money hunters can take some rest
hahahah

Nairobi, Kenya Jk 14:51 GMT February 9, 2004 Reply   
cairo asamir 14:44 GMT February 9, 2004.
There is more than just buying or selling currency pairs.
If you have no basics in technical analysis I would advise you to take some reading on the same, and probably trade a demo account before you embark on real money trading. The stakes are too high. Peoples opinion can easily mislead you for they are all based on different parameters, and time factors.

Ldn 14:50 GMT February 9, 2004 Reply   
Dye Its been on since early Asia the story , old news already reacted on it as the Dollar.

Ldn 14:49 GMT February 9, 2004 Reply   
Dallas GEP suppose we just get the view from Fox who are bias towards JWB.

Dye 14:48 GMT February 9, 2004 Reply   
Meanwhile, a potentially alarming story has
received little attention today. WorldNetDaily quotes Arabic newspaper al-Hayat,
and reports that al-Qaeda bought "suitcase nuclear weapons" from Ukraine in 1998
and are storing them in safe places for possible use. So far the major news
agencies, and therefore the broader market, has not picked up on the news. True
or not, such talk is another potential USD negative.(IFR Forex watch

Dallas GEP 14:46 GMT February 9, 2004 Reply   
Ldn, Bush's probability of re-election is in my view 75-80%

London 14:45 GMT February 9, 2004 Reply   
According to the latest figures from the White House the US economy should create around 2.6 million new positions this year, a result that would seriously boost Bush"s election hopes if realized
reuters

cairo asamir 14:44 GMT February 9, 2004 Reply   
what transaction can one make now regarding any pair of currency

hong kong nt 14:41 GMT February 9, 2004 Reply   
HK AB -- any positions on hand?

Ldn 14:38 GMT February 9, 2004 Reply   
US ELECTION WATCH Sen Kerry (Mass) has now won 10 out of 12 Democratic primaries/caucuses for a total of 409 delegates or 19% of the total needed to secure the party"s nomination for President.

Bush better beware

phils VL 14:38 GMT February 9, 2004 Reply   
eur/usd - has to trade sub 1.2685 to be able for chance to test 1.2625....

phils VL 14:36 GMT February 9, 2004 Reply   
hi folks

eur/usd - shorted at market 1.2742 on way down this round, s/l well abv 1.2790. Last friday's short at 1.2719 closed by limit buy at 1.2618

usd/jpy - last friday's long at 105.57 closed at 105.97. Now flat. Limt buy order in place for 105.55, s/l sub 105

Dallas GEP 14:31 GMT February 9, 2004 Reply   
Will hold off on that Aussie short for a time. Looking more bullish again now.

Deauville Nico 14:29 GMT February 9, 2004 Reply   
Hum...hum...interesting. Thanx guys..

Chambery FR JFB 14:27 GMT February 9, 2004 Reply   
Deauville Nico 14:19 GMT February 9, 2004
imvho, my understanding is that if someone has to defend those options, then it's because the market tends to move down, and after the option is out of the way, the market will "naturally" tend to go the way it was trying to go before the option expiry, ie down in that case... Just my view, can be wrong of course :-)

Aden PK 14:25 GMT February 9, 2004 Reply   
Hi Nico, reportrd large option barriers are at 1.28 and 1.2850 so the market should move in upper direction, good luck with long Euro trade

Nottingham 14:24 GMT February 9, 2004 Reply   
Deauville Nico 14:19 GMT:

Options can sometimes act like a magnet for the underlying asset...you might find that if euro trades say 1.2710/15 at 5 to 3 gmt that it might briefly dip down to the fig at 3 gmt only to jump straight back up after the hour...if you're quick (and can be bothered to monitor it all) you can pick up the few pips...gl gt

Aden PK 14:22 GMT February 9, 2004 Reply   
Hi all freinds at forum, apparently good UK names are at bid in Cable from 1.8550 further bids seen at 1.85 offers at 1.8650 likewise, Eur/Dlr is supported with bids at 1.2680-85 offers starting from 1/2760 up to 1.2780, play these range for today,
goodluck to all of you

Ldn 14:22 GMT February 9, 2004 Reply   
Greenspan's testimony on Capitol Hill on Wednesday as the
next major event which could spark fresh trading ranges, with dealers waiting for hints from the Fed chair on when the FOMC will begin what most assume will be a multi-hike campaign to push US interest rates back to more neutral levels well above the present 1%.

Deauville Nico 14:19 GMT February 9, 2004 Reply   
Excuse me but...what is the point with those options? what can be the consequences if euro fall under 1.2700 before New York open? I'm long euro, should I care about those stories of options???
Thanx

HK Kevin 14:14 GMT February 9, 2004 Reply   
USD/CAD looks like to challlenge 1.3310 of previous breakout level.

Ldn 14:12 GMT February 9, 2004 Reply   
Generally 15GMT think that was the pushing higher protecting it.

Tor Pumpkin 14:12 GMT February 9, 2004 Reply   
15:00 gmt

Kaunas DP 14:10 GMT February 9, 2004 Reply   
Ldn 14:04 GMT
what time option expires in GMT - TIA

LDN SR 14:06 GMT February 9, 2004 Reply   
usdchf cud run down to 1.2290 once again as a small w-v...equals eur/usd at 1.2765..if it breaks that level, then 1.2830....the 24 hour outlook is top building

Ldn 14:04 GMT February 9, 2004 Reply   
Whose doing the buying on Euro at the minute seems to be wanting to push away from option.

Bris TW 14:04 GMT February 9, 2004 Reply   
After checking history from `Ol uncle Oily hes not posted since early Jan? What happend.

Dallas GEP 13:46 GMT February 9, 2004 Reply   
Looks like around .7775 , Aussie was indicating a short chartwise. I will wait for some pip up action and then possibly take a SHORT. It IS struggling here on the upside IMO.

Bris TW 13:45 GMT February 9, 2004 Reply   
I hear that EUR/GBP some German buyers in .6850 and UK sellers .6860. I`ll bet the poms will will the battle

Ldn 13:43 GMT February 9, 2004 Reply   
US MACHINE TOOL ORDERS jumped 15.4% M/M in December to a total of $220.9 mln and rose 10.8% from a year ago. The December rise was led by a 86.3% jump in orders from the South, followed by a 64.6% gain in the West. Yet, orders were up the most on a Y/Y basis in the Northeast while falling 14% Y/Y in the South Business capex is expected to be a larger source of support for GDP growth this year
rts

Bris TW 13:42 GMT February 9, 2004 Reply   
Actually Gold is on a bit of a rally make that 2.00

Bris TW 13:39 GMT February 9, 2004 Reply   
Gold has popped up a Buck and 65. Id say that would help the Aussie for a few quick pips also

Dallas GEP 13:37 GMT February 9, 2004 Reply   
In fact, that 150 pip range on the Aussie isthe largets I can remeber in recent history.

Dallas GEP 13:34 GMT February 9, 2004 Reply   
Thnaks TW. Aussie normally NEVER moves that fast I had a buy order @ .7718 early Asia , but I canceled it thinking it was unrealistic!!! LOL

Bris TW 13:34 GMT February 9, 2004 Reply   
GBP/USD Asian names booking profits on longs, UK and US accounts reportedly buying into pullback. Bids at 1.8560-70 area and stops noted under 1.8550 and 1.8500

Switzerland DG 13:33 GMT February 9, 2004 Reply   
First high support EUR/USD broken, anyone have prediction about level it might reach...
Daniel

Stockholm za 13:33 GMT February 9, 2004 Reply   
CHF/JPY...... This week ....
8814-8724
8634-8606
8488
8370-8342
8252-8162
Key ~8512
.................................................................
Today
8702-8659
8616-8603
8546
8490-8476
8433-8390
Key ~8562
Happy trades to all this week ........

London 13:32 GMT February 9, 2004 Reply   
Two US Inv bks are noted sellers in EUR/USD which has dropped below previous 1.2720 support following ECB Issing"s view that a strong appreciation of the euro would be of concern.

Ldn 13:31 GMT February 9, 2004 Reply   
EUR 1.2700 (lge
AUD 0.7700
JPY 105.50 (lge
Options expiring in NY open

Bris TW 13:31 GMT February 9, 2004 Reply   
Dallas GEP 13:26 GMT
Mainly to do with a free trade deal with the US, rate news and general USD weakness

Ldn 13:28 GMT February 9, 2004 Reply   
Aud overbought intraday, so there's risk of
a correction before higher tested. IFR

Shelbyville MKT 13:27 GMT February 9, 2004 Reply   
Good morning forum.

Dallas GEP 13:26 GMT February 9, 2004 Reply   
Did I miss a RBA rate decision or something???? Aussie went nuts. Thanks friends

Nottingham 13:17 GMT February 9, 2004 Reply   
London:

Aussie for me is not yet o/b...it needs to see 7831 to hit 1st o/b with max projected high of around 7880 for today...out of around 30 odd pairs the only two crosses above 1st o/b lvl are nzdusd (1st 6843 2nd 6874) and nzdcad (1st 9224 2nd 9260) and the latter has been hitting at least 1 of the o/b levels for 5 days running...gl gt

hk ab eur/gbp 0.66 13:16 GMT February 9, 2004 Reply   
eur/aud looks like a free fall to 1.61

hk ab eur/gbp 0.66 13:08 GMT February 9, 2004 Reply   
aud/cad short s/l.

London 13:04 GMT February 9, 2004 Reply   
Aud possible 78 in NY trade any views on this please, looks like a bit of USD buying at the moment

mumbai jay 12:53 GMT February 9, 2004 Reply   
BC 1244 GMT Thank you.

Bris TW 12:45 GMT February 9, 2004 Reply   
Is uncle Oily about?

shanghai bc 12:44 GMT February 9, 2004 Reply   

MUMBAI 06:22 -- Good evening..For medium-term traders,the break of Eur/Gbp.6880 on daily close may signal another up-leg of Eur/usd lasting a few months finally forcing ECB folks to bring out their canons while the break of .6810 on daily close may signal more consolidation of Eur/usd to come..In the meantime,range trading inside this year's range for some more weeks is likely a scenario..Imho..

Bris TW 12:40 GMT February 9, 2004 Reply   
As the hourly studies are clearly overbought I would prefer to buy lower although the Daily is constructive

prauge viktor 12:40 GMT February 9, 2004 Reply   
trust me it is in the interest of every one to got the usd down to the level1,425,and this it will be the end of the game ,and no one will do anything till that time,and for the gb 2,1at that time the usd well start to go up.

Bris TW 12:38 GMT February 9, 2004 Reply   
Hello all.
Looks like a time to buy some more euro on a dip below 1.27 or buy it on a clear break of 1.2770

hk ab eur/gbp 0.66 12:36 GMT February 9, 2004 Reply   
nk, depends whether ECB steps in or not when we say hello to them at 1.3

'cos there's no noise in GBP, I am afraid that .66 will be touched first.

Johannesburg cd 12:31 GMT February 9, 2004 Reply   
From the CNN Money website:

Far from hinting at a Group of Seven shift to prevent a further drop in the dollar, Treasury Secretary John Snow insisted that the finance chiefs of the world's richest nations had agreed this weekend to maintain flexible exchange rates, a policy in place since the group last met in September.

During an interview with CNNfn following Saturday's G-7 meeting in Boca Raton, Florida, Snow said the G-7 agreed "to allow market forces to set exchange rates, to let the fundamentals of the marketplace drive exchange rate changes. That was a clear consensus that came out of both Dubai and Boca Raton and it is entirely consistent with U.S. views."

This contrasts with the positions taken by some other G-7 officials that a new sentence was inserted in the latest communiqué to show that the group had decided the dollar should fall no further in currency markets.

Asked to comment on statements attributed to European Central Bank president Jean Claude Trichet, that there was a clear G-7 consensus on the diagnosis and measures that need to be taken in foreign exchange markets, Snow said, "I'm not sure exactly what he has in his mind. I think what he had in mind is probably the existence of a broad consensus on the need for flexible exchange rates."

GVI john 12:29 GMT February 9, 2004 Reply   
For information on how you can access GVI, contact [email protected]
STRATEGY SESSION --New York Open
Opening Levels:
eur/$ 1.2730…$/yen 105.75
DJIA +26 pts… 10-yr 4.08%, -1 bp
PERSONAL OPINIONS:
For a broad range of opening levels click on GVI’s “Market Snapshot”:
CLICK HERE
The outcome of the G7 Finance Minister’s meeting in Boca Raton was a bit different from what was generally expected, but not radically so. As I mentioned last week, G7 nations will act only in what they perceive to be their own self-interest. The only enforcement mechanism is peer pressure, which can be weak or strong depending on circumstances.

The lynch-pin of any agreement had to be some upward adjustment in the value of the Chinese yuan and it appears that China has agreed to adjust the peg on the currency up 5% on the dollar in a month’s time. I take the denials that there are discussions underway with a grain of salt. A yuan revaluation accord would provide Japan with some modest leeway on the yen and lighten some of the burden on Europe.

The key statements from the communique are in bold:
We reaffirm that exchange rates should reflect economic fundamentals. Excess volatility and disorderly movements in exchange rates are undesirable for economic growth. We continue to monitor exchange markets closely and cooperate as appropriate. In this context, we emphasize that more flexibility in exchange rates is desirable for major countries or economic areas that lack such flexibility to promote smooth and widespread adjustments in the international financial system, based on
market mechanisms.


The first statement in bold threatens intervention in the eur/$ if the euro starts to spike higher again and the second statement was put in for emerging economies in Asia (not Japan) with exchange rate systems tied to the dollar.

I think the stage has now been set for some efforts to slow the rise of the euro vs. the dollar and that the U.S. has agreed to help contain the euro (via intervention) if needed. I continue to believe that the $/yen is still gradually headed for a 100-105 range in the new fiscal year and that the BOJ will still expend untold sums to establish this range. If I had to put a price on it, I’d say that joint efforts will be made to cap the eur/$ at 1.30. We expect no efforts to force the dollar higher. Odds are it will recover when and if the employment data in the U.S. move onto a sustained improving path. This could still take a while.

I don’t like the short eur/jpy trade that many are touting. That could be a very difficult position to manage. In this circumstance I think outright trades vs. the dollar are preferable to the yen crosses.
CALENDAR
MONDAY, FEBRUARY 9, 2004
13:15 GMT- CDA- January Housing Starts, vs. 217,600

TUESDAY, FEBRUARY 10, 2004
09:30 GMT- UK- December Trade: vs. -GBP4.4 bln in Nov

WEDNESDAY, FEBRUARY 11, 2004
JPN- Holiday- National Foundation Day
23:30 GMT- AUS- February Consumer Sentiment, vs. +4.8% m/m
07:00 GMT- GER- Dec Trade: vs. EUR10.4 bln in Nov
07:00 GMT- GER- Dec Current Account: vs. EUR6.2 bln in Nov
09:30 GMT- UK- Jan Unemployment: vs. -8,300 in Dec
09:30 GMT- UK- Bank of England Quarterly Inflation Report
12:00 GMT- MBA Refinancing Index
13:30 GMT- CDA- December New Vehicle Sales, vs. -3.2%
14:30 GMT- API/DOE Weekly Energy Inventories
15:00 GMT- FRB Chn Greenspan delivers the Semiannual Report on Monetary Policy to the House Financial; Services Committee

THURSDAY FEBRUARY 12, 2004
23:30 GMT- AUS- December Employment:
Jobs, vs. 29,000
Rate, vs. 5.6%
23:50 GMT- JPN- December Trade, vs. +Y1.18tln
23:50 GMT- JPN- Corporate Goods Services Prices, vs. -0.1% y/y
03:30 GMT- AUS- Leading Employment Indicator
07:00 GMT- GER- 4Q03 GDP: vs. +0.2%, -0.2% y/y in 3Q03
07:45 GMT- FRA- 4Q03 GDP
07:50 GMT- FRA- Dec Manufacturing Output: vs. -0.2% in Nov
13:30 GMT- US- Weekly Jobless Claims
13:30 GMT- January Retail Sales: vs. +0.5%, +0.1% ex-autos, see +0.3%, +0.5%
13:30 GMT- December Business sales and Inventories
15:00 GMT- FRB Chn Greenspan delivers the Semiannual Report on Monetary Policy to the Senate Banking Committee on Thursday

FRIDAY, FEBRUARY 13, 2004
23:30 GMT- AUS- December Housing Finance, vs. -3.9%
23:50 GMT- JPN- Weekly Portfolio data
04:30 GMT- JPN- December Industrial Output (revised), vs. 1.0% (prelim)
07:00 GMT- GER- Jan final CPI (date approx): vs. preliminary -0.1%, +1.1% y/y
11:00 GMT- EUR; 4Q03 preliminary GDP: vs. +0.4%, +0.3% y/y in 3Q03
13:30 GMT- CDA- December Manufacturing Shipments, vs. +0.5%
13:30 GMT- CDA- December Merchandise Trade, vs. +C$3.2 bln
13:30 GMT- December Trade: vs. -$38.0 bln in November, see -$39.3 bln.
14:45 GMT- Mid-February University of Michigan Consumer Sentiment: vs. 103.2 in January, see 103.6

saloniko 2004 nk.. 12:25 GMT February 9, 2004 Reply   
HK AB..

i like 77, 88, but not 66


nk

Nottingham 12:08 GMT February 9, 2004 Reply   
chicago cal 11:51 GMT

u make a v gd pt about cable not yet being o/b (same goes for euro)...there could still be a lot more pain...gl gt

PAR 11:59 GMT February 9, 2004 Reply   
Three more hikes by BOE and GBPUSD = 2.000 .

hk ab eur/gbp 0.66 11:58 GMT February 9, 2004 Reply   
exited the aud/nzd long at 1.1195.
breakeven now, sideline

aud stop also hit, take the 25 pips loss.

Belgrade Knez 11:58 GMT February 9, 2004 Reply   
hk ab eur/gbp 0.66 11:54 GMT February 9, 2004

How do you know that Oilman will post again?

chicago cal 11:54 GMT February 9, 2004 Reply   
another note for cable fans: support may be found between 1.8400 and 1.8450

hk ab eur/gbp 0.66 11:54 GMT February 9, 2004 Reply   
I look forward to seeing oilman post again.

Quezon Mailman 11:51 GMT February 9, 2004 Reply   
Some USD recovery before US Market in the works now.

chicago cal 11:51 GMT February 9, 2004 Reply   
if cable breaks above todays hi look for 1.8900 (the pair is yet to be overbought)

gl,gt

hk ab eur/gbp 0.66 11:48 GMT February 9, 2004 Reply   
Do Aussie and Nz really care about the curr. much?

Farmacia, this .7780 line draws many players attention.

GA TJ 11:36 GMT February 9, 2004 Reply   
ML

It seems to me that that has been the theme of late. Make a big move and then flat line for a while. I'm taking a chance by bracketing these channels with with breakout orders on both sides. EMA's and Slow Stoch would suggest that it breaks down but that doesn't mean nothing.

chicago cal 11:33 GMT February 9, 2004 Reply   
if 1.2780 hits today then look for 1.2900

gl,gt

ICT ML 11:29 GMT February 9, 2004 Reply   
Anyone know if SNB is shouldering 1.2300 today?....seems very "unnatural" to me tha way it is stuck there.....almost BOJ like

hk ab 0.88 11:24 GMT February 9, 2004 Reply   
exit the eur/gbp for 35 pips at 48. Let's see. Have no patience on this.

Chambery FR JFB 11:20 GMT February 9, 2004 Reply   
fwiw... booked 10 pips on gbp short, placed a sell order @1.8624, s/l 1.8650, t/p's : 1.8570/1.8520/1.8480. Let's see :-)

Sydney Alimin 11:12 GMT February 9, 2004 Reply   
what is m/t, may i ask?

hong kong nt 11:10 GMT February 9, 2004 Reply   
hk ab 0.88 11:04 GMT -- our ideal mt targets are 1.11 swiss, 1.39 euro, etc...

HK [email protected] 11:06 GMT February 9, 2004 Reply   
American Philosophy: "If we have many troubles or we have enough troubles or if we have no troubles at all..... we have to look for some more; if not at home then look for it abroad".

Bush plans Middle East pact
The Bush administration is working on an initiative to promote democracy in the "greater Middle East" modelled on a pact used for the former Soviet Union in 1975.
The initiative, still being crafted, would call for Arab and South Asian governments to adopt major political reforms, be held accountable on human rights and introduce economic reforms, according to a leading newspaper.
As incentives for the targeted countries to cooperate, Western nations would offer to expand political engagement, increase aid, facilitate membership in the World Trade Organisation (WTO) and foster security arrangements, reported the Washington Post.
The administration's Greater Middle East Initiative was scheduled to be announced at the G8 summit hosted by President George Bush at Sea Island in June.

hk ab 0.88 11:04 GMT February 9, 2004 Reply   
nt, that 1.10 is a m/t target?

HK [email protected] 10:57 GMT February 9, 2004 Reply   
Stubborn Euro wants to challenge 1.2760/65 !!!
Very Interesting !

Hong Kong nt 10:56 GMT February 9, 2004 Reply   
HK AB -- we are still waiting some rebound to 1.29 before seeing grudual fall of dlr/chf to 1.10 level...

hk ab 0.88 10:55 GMT February 9, 2004 Reply   
WOW, farmacia, you are wonderful on this day trade.

I actually went long aud .7715 and covered .7760 with a SAR.
thus, now holding short .7760 and lucky that my bank didn't kick me out on the first touch at .7785.

melbourne farmacia 10:53 GMT February 9, 2004 Reply   
ab - Aud/usd - 0.7748 bid might be worth a long. ( i covered all at 7780 fwiw )

ICT ML 10:51 GMT February 9, 2004 Reply   
JFB...you can play those, they are valid...I am looking at more irecent levels as the more important for this particular move...there is more than one way to kill a cat...LOL

JHB J 10:51 GMT February 9, 2004 Reply   
hi

HKG SK 10:48 GMT February 9, 2004 Reply   
No more empty promise from EU. This time they will intervene or else no more G7.

saloniko 2004 nk 10:42 GMT February 9, 2004 Reply   
Good Morning...


Was reading some posts of mine searching archives...and i found in one an old thought about Euro 1.2888 and USD/J 115.52


Yes ..i think i like it this time ...

But always time is the best answer in thoughts ...
nk

hk ab 0.88 10:41 GMT February 9, 2004 Reply   
eur/gbp will soon give us easy trade later.
will close position at .6805 and do a small SAR there with tight s/l under fig.

Chambery FR JFB 10:41 GMT February 9, 2004 Reply   
ICT ML 10:28 GMT February 9, 2004
I see :-) In that respect, I guess that we are currently testing the 01/12 high of 1.8575, right? About next support : just noticed that 01/23 high is @1.8522, and the ascending t/l will be at that level(1.8519) ard 15:00GMT, which coincides with US numbers... Wait and see :-)

LDN SR 10:40 GMT February 9, 2004 Reply   
1.2765 is likely to remain safe now...1.2750 / 55 cud cap now for 1.2705 / 1.2690 as a starter en route to 1.2640...equals 1.2445 in usdchf....

Dhahran 10:38 GMT February 9, 2004 Reply   
Hello ICT
How may I get trend lines?

ICT ML 10:34 GMT February 9, 2004 Reply   
JFB...if it helps...I started coloring the trend lines that were relevant, green for buy a touch, red for sell a touch....makes it easier to keep track of stuff....

HKG SK 10:32 GMT February 9, 2004 Reply   
Interesting to see everyone i thinking the dollar will slide more. Be extr careful europen will surprise the market at any time now. I have just short Euro/Us at 1.2752x10.

hk ab 0.88 10:29 GMT February 9, 2004 Reply   
Revdax, ready for fx yet?

Ldn 10:29 GMT February 9, 2004 Reply   
US officials actually appear to be enjoying watching the dollar's fall,
which is aiding a current account recovery. So long as the US maintains a benign
neglect policy to the USD fall and US rates remain at 1.00%, broad buck gains
are likely to continue to be limited.

ICT ML 10:28 GMT February 9, 2004 Reply   
JFB....it is all to do with support / resistance breakout patterns....if this is a real trend breakout, than the previous highs become the next support area tested on dips. For the trend to continue, the patterns must hold true...the pattern for the up move broke in January, and I posted the fact the moment it happened.....it was the end of the trend at that time.....fwiw

So if it has resumed, 1.8500 needs to hold if tested.....IMHO

HKG SK 10:25 GMT February 9, 2004 Reply   
Just short Gbp/Us at 1.8572 x10. Looking for 1.8450 by tonight.

hk ab 0.88 10:22 GMT February 9, 2004 Reply   
nt, but bc decide to play a final leg up in eur. Wonder if that will change the picture a bit.

All in all, ECB has the say in this week.
No action, means no effective action in the future.

Manchester Daniel 10:22 GMT February 9, 2004 Reply   
G7 puts out warning to shore up sinking dollar
http://www.timesonline.co.uk/article/0,,5-994790,00.html

The Times seems to have a different interpretation from the market - interesting

Hong Kong nt 10:19 GMT February 9, 2004 Reply   
HK AB -- unless usd/chf 1.2100 is broken, my wife and i believe there will be more consolidation within 1.22-1.32 in coming weeks...

Chambery FR JFB 10:19 GMT February 9, 2004 Reply   
ICT ML 09:51 GMT February 9, 2004
I meant ME, often confusing decoration and t/l... :-) BTW, why do you consider 1.8500 as a possible bottom? Is it because of that "potential" ascending t/l on 30 min, or has it to do with another indicator? TIA

hk ab 0.88 10:16 GMT February 9, 2004 Reply   
Nottingham 10:12 GMT February 9, 2004
hk ab 0.88 09:53 GMT

Thanks mate. Welcome to gvi.

ICT ML 10:15 GMT February 9, 2004 Reply   
Chambery FR JFB 09:33 GMT....WHOA there.."Illusionary" Trend lines.... who, ME?...LOL...every line I draw has the "potential" to be a trend line........but only a few ever become truly relevant....the rest are just "decoration"...LOL

Nottingham 10:12 GMT February 9, 2004 Reply   
hk ab 0.88 09:53 GMT

according to my studies nzdcad more extended than audcad but neither have yet hit 1st o/b levels...that said nzdusd is currently trading just above 1st o/b level with maximum projected high of 6976 for today, minimum pullback area today would be 6920/25 or if not seen today, then 6835/40 tomorrow...note that both levels are minimums and are accomadative to the underlying trend ie. do not require a change in trend to be reached...gl gt

hk ab 0.88 10:09 GMT February 9, 2004 Reply   
asamir, there're not any positions call safe. I was just being a bit humilative on the eur/gbp.

IMVHO, learning T.A. is far more imp't

hk ab 0.88 10:08 GMT February 9, 2004 Reply   
enter first eur/chf 1.5695 and will add at the limit 1.5710

cairo asamir 10:08 GMT February 9, 2004 Reply   
Ga Lee , Nairobi, Kenya , hk ab is there any transactions that is a little bit safe to make

hk ab 0.88 10:07 GMT February 9, 2004 Reply   
my audcad was sweating by 2 pips.

LDN SR 10:03 GMT February 9, 2004 Reply   
euro looks toppish....might fail blo 1.2765...tho room fo 1.2775 / 85 still exists...reversal objective is 1.2640 or 1.2610

Chambery FR JFB 10:02 GMT February 9, 2004 Reply   
Thanks ML, I appreciate :-) Have lowered my s/l at entry level. GT

HK [email protected] 10:01 GMT February 9, 2004 Reply   
Euro; Some Res. at 1.2760/65. Trying to target at 1.2805 (Very exhaustive). First foundation for reversal to 1.1950 will be established if 1.2760/65 can't be penetrated.

cairo asamir 09:59 GMT February 9, 2004 Reply   
now is there any transactions that is a little bit safe to make

cairo asamir 09:58 GMT February 9, 2004 Reply   
thanks to all the guys who have answered me

ICT ML 09:54 GMT February 9, 2004 Reply   
on another note.....if this was a breakout move on cable, than 1.8500 must maintain solid support, so a buy a bounce is our plan if it gets there today...

Sweden mike 09:53 GMT February 9, 2004 Reply   
Thank you..

hk ab 0.88 09:53 GMT February 9, 2004 Reply   
Hm, this aud/cad is annoying.

ICT ML 09:51 GMT February 9, 2004 Reply   
JFB...not at all, that works well in my book...you found a more accurate version of an hourly channel we had drawn....hats off to you.

hk ab 0.88 09:50 GMT February 9, 2004 Reply   
yes.

e.g. sell dlr/jpy means sell dlr buy jpy

sell eur/usd means sell eur buy dlr/

Nairobi, Kenya Jk 09:50 GMT February 9, 2004 Reply   
cairo asamir 09:46 GMT February 9, 2004
Absolutely right.

Sweden mike 09:50 GMT February 9, 2004 Reply   
Any idees Eur/Usd?

Ga Lee 09:49 GMT February 9, 2004 Reply   
yes..

cairo asamir 09:46 GMT February 9, 2004 Reply   
sorry short means sell and long means buy , am i right

Chambery FR JFB 09:46 GMT February 9, 2004 Reply   
ICT ML 09:35 GMT February 9, 2004
May not seem very rational to you, but... I have an ascending t/l from 01/30 low 1.8058 to 02/06 1.8332... then I draw a channel ( a parallel that goes thru 02/03 peak @1.8422). This channel top was @1.8524 an hour ago, price tested 1.8526 on two different bars... Hope my tp is the lowest limit of the channel (currently @ 1.8370) but there is a minor t/l up currently @ 1.8489 thus my initial target (I will lower it if 1.8500 is broken). All imvho opinion of course :-)

hk ab 0.88 09:46 GMT February 9, 2004 Reply   
that's a limit.

cairo asamir 09:46 GMT February 9, 2004 Reply   
buy means sell and long means buy am i right plz anyone answers me

hk ab 0.88 09:46 GMT February 9, 2004 Reply   
retry 1.5710 short on eur/chf, same stop

hk ab 0.88 09:45 GMT February 9, 2004 Reply   
nt, I felt that crosses volatility is lower so, easier to handle for me. B/s, there are many signs in the majors to help.

hk ab 0.88 09:44 GMT February 9, 2004 Reply   
am waiting to take profit from eur/aud shorts from last Fri. spike to 1.6510 and 1.6480.

Eyeing the double bottom 1.6.

Hong Kong nt 09:44 GMT February 9, 2004 Reply   
HK AB -- sooner ot later, you will become an expert of non-major crosses...

ICT ML 09:39 GMT February 9, 2004 Reply   
JFB...never mind..it was my weekly channel top....DUH

Nottingham 09:37 GMT February 9, 2004 Reply   
melbourne farmacia 09:27 GMT
fwiw I have 7832 as 1st o/b with max projected high for today of 7876...from past experience the pair can get into a trend and trade to these levels for a few days before a sizable correction...gl gt

Nairobi, Kenya Jk 09:36 GMT February 9, 2004 Reply   
IP M/M -.1, Y/Y -.8 MP MM -.1 YY .5, PPI 0.2 & 1.6 (MM & YY)

ICT ML 09:35 GMT February 9, 2004 Reply   
JFB....what on your charts was tested?......I missed something somewhere

Gen dk 09:33 GMT February 9, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Nairobi, Kenya Jk 09:33 GMT February 9, 2004 Reply   
UK data worse than expected

Chambery FR JFB 09:33 GMT February 9, 2004 Reply   
ICT ML 09:26 GMT February 9, 2004
Thx :-) To enter this one (short from 1.8615), I just applied something YOU said once, i.e that the beat HAS TO test anything :-) It seems it did again... Am always surprised how precise the beast can be (within 5 pips most of the time), assuming that I don't draw (illusionary) t/l all over the place :-) GT GL

hk ab 0.88 09:28 GMT February 9, 2004 Reply   
tks farmacia.

melbourne farmacia 09:27 GMT February 9, 2004 Reply   
ab - the odds suggest Aud/usd will print 0.7825 this round IMO. Just about hit my 7780 target, so trails in place.

ICT ML 09:26 GMT February 9, 2004 Reply   
JFB....1.8522 and 195.63..and because I was playing a hunch and anticipating a 30 min MACD divergence and a retracement to 1.8450.......I just had my head in buttt

hk ab 0.88 09:25 GMT February 9, 2004 Reply   
s/l 1.0310(bid)

hk ab 0.88 09:24 GMT February 9, 2004 Reply   
short aud/cad 1.0290, s/l 1.0310

Indonesia Solo raden_masandi 09:24 GMT February 9, 2004 Reply   
test

hk ab 0.88 09:23 GMT February 9, 2004 Reply   
short eur/chf....

will be an easy one and s/l should be above 1.5736

Chambery FR JFB 09:22 GMT February 9, 2004 Reply   
Hi ML :-) May I ask what was your level to sell GBP earlier on and why? TIA as always... :-)

cairo asamir 09:21 GMT February 9, 2004 Reply   
hello hk ab , do u have any recommendations that one can do now , i mean buy , sell and on which pair of currency

hk ab 0.88 09:20 GMT February 9, 2004 Reply   
sp, sure, u are welcome.

hk ab 0.88 09:20 GMT February 9, 2004 Reply   
sp, this position is not very strong though, fwiw, I made it based on 4hrs chart.

T/L broken and price could retrace a bit at least touching 1.13 area.

sgp sp 09:18 GMT February 9, 2004 Reply   
hk ab, thanks for your concern...and the pips. :)

sgp sp 09:17 GMT February 9, 2004 Reply   
Hi hk ab, my short aud/nzd was closed last week by trailing stop. now I have nothing going....was considering u in long aud/nzd........

GL & GT...

May I request for your e-mail thru Jay?

hk ab 0.88 09:16 GMT February 9, 2004 Reply   
Which country has not made a complaint to strong currencies yet?? GBP!

hk ab 0.88 09:15 GMT February 9, 2004 Reply   
ML, same thinking here.

SA getFX 09:12 GMT February 9, 2004 Reply   
PAR 08:34 GMT February 9, 2004
"As usual UK industrial and manufacturing production will be much much stronger than expected." - may I ask whether this is from a leaked report, or an opinion? Thanks!

Hong Kong nt 09:11 GMT February 9, 2004 Reply   
HK AB -- we prefer to buy usd/chf at 1.225/1.215...

ICT ML 09:11 GMT February 9, 2004 Reply   
JF..thanks again

way it is looking to me.....ECB interventions start this week or they lose control of situation.........just a feeling now...

sarasota jf 09:03 GMT February 9, 2004 Reply   
ml its some goldmans report/research and they were buying it aggressively apparently- in general as i suggested before this goldmans/deutsche research you got to try for access to these sources - because the larger speculators access these people directly - bit busy will revert little later

SBP Mike 09:02 GMT February 9, 2004 Reply   
JF, ML
May be that:
"The UK's Institute of Directors reported business optimism rose in the 3 months through Jan. It said its latest survey found a balance of 38% of firms questioned more optimismic now than 3 months ago, up from 35% at the last survey." (UBS)

hk ab 0.88 09:02 GMT February 9, 2004 Reply   
sp are you still short aud/nzd?

hk ab 0.88 09:01 GMT February 9, 2004 Reply   
farmacia, your view onthose aud long from .7715 plz?

ICT ML 08:59 GMT February 9, 2004 Reply   
JF...thanks, let me know if you can when you find out......got spanked earlier trying to sell a bit of the stuff...

hk ab 0.66 08:58 GMT February 9, 2004 Reply   
nt, if a short is gonna to be played, woudl you short eur or long chf?

prague jv 08:57 GMT February 9, 2004 Reply   
many thanks jf . gl

sarasota jf 08:56 GMT February 9, 2004 Reply   
ml i just walked in - only thing on gbp some people buying on some report released - but i dont know the details yet or a link

Miami OMIL 08:55 GMT February 9, 2004 Reply   
Thanks for the info JF. (/;-> GL GT

hk ab 0.88 08:53 GMT February 9, 2004 Reply   
am, I have been both bullish and bearish in this pair. Not a ONE way train for this beast.

I have SARed my short already at 1.1168, fwiw.

thought 1.1140 should hold, but now, it seems those "news player" finished their job and will move this up again.
GT.

ICT ML 08:53 GMT February 9, 2004 Reply   
JF...my M.E. friends doing anything special with GBP today that you can share?

sarasota jf 08:50 GMT February 9, 2004 Reply   
us sec house sold eur 1.2640 - 1.2565 - asian central banks began buying eurusd - once broke 1.2655 - ms/lehmans/ubs all began buying eurusd - this triggered stops above 1.2720 - the red baron sold large eur but only made to 10-15 now everyone talk about stops at 75 - usdyen - boj give several banks bids between 30 and 50

Nottingham 08:49 GMT February 9, 2004 Reply   
Have cable o/b lvl for today at 1.8694 and max projected high of 1.8763...gl gt

Chambery FR JFB 08:47 GMT February 9, 2004 Reply   
Order filled :-)

Wellington am 08:44 GMT February 9, 2004 Reply   
Hey hk ab,

How come you're so bearish on the AUD/NZD? If one looks at the historical movements of these two, the aussie looks decidedly bullish against the kiwi.

cairo asamir 08:39 GMT February 9, 2004 Reply   
how can one enter the mkt now i mean buy or sell and also on what pairs can any one advise

ICT ML 08:38 GMT February 9, 2004 Reply   
well guys, tested the water earlier selling gbp and that was a pretty stupid thing to do.....LOL

Chambery FR JFB 08:37 GMT February 9, 2004 Reply   
fwiw :-) GBP : Have a sell order @1.8615, s/l 1.8660, tgt 1.8500. GL GT

singapore emperor 08:35 GMT February 9, 2004 Reply   
EURGBP MOVING... LOWER..

PAR 08:34 GMT February 9, 2004 Reply   
As usual UK industrial and manufacturing production will be much much stronger than expected.

cairo asamir 08:26 GMT February 9, 2004 Reply   
what can enter the mkt now with i mean buy or sell and also on what pairs can any one advise

hk ab 0.88 08:22 GMT February 9, 2004 Reply   
KEvin, I could almost join your short eur/chf camp....

order was at 1.57.
now removed and wait for good signal and level.

brisbane sunstate 08:21 GMT February 9, 2004 Reply   
Prague jv 08:11
looks like you were right
gl

singapore emperor 08:20 GMT February 9, 2004 Reply   
was abt to ask eurgbp view.... tks for that
am looking the same trade as well sell eurgbp

hk ab 0.88 08:18 GMT February 9, 2004 Reply   
safe play = sell eur/gbp?

still keeping the short from .6883

Melbourne Qindex 08:14 GMT February 9, 2004 Reply   
Melbourne Qindex 08:09 GMT February 9, 2004
USD/CHF : Daily Cycle Quantised Levels

... 1.2145 ... 1.2300 // 1.2331, 1.2362, (1.2393), 1.2424, 1.2455, 1.2486 // 1.2517 ...

ldn 08:13 GMT February 9, 2004 Reply   
Ldn 07:33 GMT February 9, 2004
RBA leaves rates door open
The Reserve Bank has left the door open to another rise in interest rates, saying it is too early to say for sure whether the recent signs of a housing slowdown are the start of a trend. In its quarterly monetary policy statement on Monday, the RBA describes the current level of rates as still "mildly accommodative", even after its two increases late last year, and predicts the economy will continue to grow strongly in 2004.

Ldn 08:12 GMT February 9, 2004 Reply   
nyc beyonding_destiny RBA are going to continue to raise rates

Prague jv 08:11 GMT February 9, 2004 Reply   
brisbane
I respect trend and 90 % of the time do trades in trend directions. I also belive , that the best opportunity arise , when the trend is just about to change , and IMHO is the time . But nothing is for 100% sure , so I do what I do .

hk ab 0.88 08:10 GMT February 9, 2004 Reply   
aud/nzd SARed.

seems these asian banks cannot in "sleep" mode anymore.

Melbourne Qindex 08:10 GMT February 9, 2004 Reply   
USD/CHF : Current Comment . Register with [email protected] if you have no access to my page.

hk ab 0.88 08:10 GMT February 9, 2004 Reply   
nt, I am a bit surprised about the break of aud so easily on .7710.

nyc beyonding_destiny 08:08 GMT February 9, 2004 Reply   
any talk from EU or RBA about their currency rates? ty...

brisbane sunstate 08:05 GMT February 9, 2004 Reply   
prague jv 07:58
why fight the trend ?
gl. gt.

prague jv 07:58 GMT February 9, 2004 Reply   
trying one more time . sell eur/usd 1.2740

Dhahran 07:55 GMT February 9, 2004 Reply   
Hello ppl I want to know about cycles;any one may help?

Vilnius george 07:52 GMT February 9, 2004 Reply   
MONACO OGA 07:47 GMT
nice to listen you again, keep posting

Miami OMIL 07:52 GMT February 9, 2004 Reply   
Good Morning OGA thanks for the comments. Hope you have a good week. (/;-> GT

Prague jv 07:51 GMT February 9, 2004 Reply   
got stoped out on short eur .

MONACO OGA 07:47 GMT February 9, 2004 Reply   
FX UPDATE 09/02
Good morning, good to be back after 1 week vacation....

***EUR***
EUR/USD (currently 1,2730), 180 pips higher than last friday opening. As expected, the pre G7 trading day was pretty hectic with the market taking the opportunity of weak employment figures in the US to propel EUR/USD above 1,2700 (high 1,2725). Over the week end, the G7 communique warning against excessive volatility in FX market sent the pair much lower on the opening (around 1,2600), before traders decided that nothing really changed and took the market back to where it was above 1,27 (high 1,2760).
We believe that EUR/USD is trying to break its consolidation pattern inside 1,23-1,29 on the upside. Any attempt to take 1,2900 will have to be monitored very carefully, as many stops could trigger a 500 pips run to 1,3400.
For today we will be looking to buy on 1,2680 and 1,2620 for a move to 1,2780. Our medium target remains at 1,3500.

Data out today:
UK industrial production Dec M/M expected 0,7% 09.30 GMT
UK manufacturing production Dec M/M expected 0,5% 09.30 GMT
UK PPI output Jan expected 0,2% 09.30 GMT
US wholesale inventories Dec expected 0,4% 15.00 GMT

Gold around 405,50 , with WTI March at 32,46.

***JPY***
USD/JPY (currently 105,60) lost all its gain last friday on the weak US employment data (falling from 106,80 down to 105,40). MOF/BOJ are dissuading traders from speculating below 105,30. We still like to sell upticks (106,10) for a retest and break of 105,30 as we cannot see how the japanese authorities can keep the pair from falling below 100 in the medium term.
EUR/JPY (currently 134,50) broke from 133,30 mini-resitance, and is looking to challenge previous highs at 135,50 (next one being 137,50).

***GBP***
Cable (currently 1,8580) rebounded on 1,8300 strong support last friday. With an interest rate differential increased last thursday as expected, we'll be looking for 1,8600 to break for the 1,90 level we called earlier in January.
EURGBP (0,6855) trading inside 0,6820-0,6880. We still favour the downside for the medium term, today we'll sell 0,6880 if seen for a 0,6820 target.
Have a nice day,

Olivier

Miami OMIL 07:43 GMT February 9, 2004 Reply   
Buying on dips is the name of the game for now on the eur/usd. If 1.2760 holds for now and with indicators turning south this could be a good opportunity to buy eur/usd. Fib retracement from the last move is roughly 1.2670-65, 1.2640-35 and 1.2610-05. Support for the moment is at 1.2605-00 and 1.2565-60 IMHO. (/;-> GL GT

beijing road 07:41 GMT February 9, 2004 Reply   
cable made new high!

Johannesburg cd 07:38 GMT February 9, 2004 Reply   
Here comes 86 on cable!

Ldn 07:33 GMT February 9, 2004 Reply   
RBA leaves rates door open
The Reserve Bank has left the door open to another rise in interest rates, saying it is too early to say for sure whether the recent signs of a housing slowdown are the start of a trend. In its quarterly monetary policy statement on Monday, the RBA describes the current level of rates as still "mildly accommodative", even after its two increases late last year, and predicts the economy will continue to grow strongly in 2004.

Rome` Tony 07:29 GMT February 9, 2004 Reply   
Hello Raden
any views on Gbp/Usd for today ? TIA

SA Bok 07:19 GMT February 9, 2004 Reply   
FWIW - EUR dailies seem to be bullish .. MACD giving buy signal and this one seems stronger than the one from 1.1500 Breakout ... ECB and others will jawbone today .. volatilty they dont want volatility they get ... when will they learn ..
well maybe they get well positioned PA and then talk Sh1t ...
GL all small fish ...

slv sam 07:14 GMT February 9, 2004 Reply   
i am not selling euro before i see 1.31 level.GT

Prague jv 07:09 GMT February 9, 2004 Reply   
selling eur/usd here @ 1.2730 GL

Hong Kong nt 07:05 GMT February 9, 2004 Reply   
HK AB -- any views on majors today?

Melbourne Qindex 07:02 GMT February 9, 2004 Reply   
Melbourne Qindex 03:00 GMT February 9, 2004
EUR/USD (adjusted) : Daily Cycle Quantised Levels

The market rhythm of my daily cycle is represented by 0.00174.


... 1.2548 // 1.2565, 1.2583 ... 1.2617, 1.2635, 1.2652 ... 1.2704, 1.2722 // 1.2739, 1.2757 ...

hk ab 0.88 06:57 GMT February 9, 2004 Reply   
price action is just similar to the one in Sept.

hk ab 0.88 06:56 GMT February 9, 2004 Reply   
nt, your others trades are too good la.... no worry.


aud/nzd, I will SAR if it goes above 1.1168

Hong Kong nt 06:54 GMT February 9, 2004 Reply   
hk ab 0.88 06:49 GMT -- 50pip only :(

Deauville Nico 06:52 GMT February 9, 2004 Reply   
Hi Raden,
Looks like a nice call!
Thanx for your reports on email. Well done really. If euro reaches the target, I think I'll keep it all to a new historical high, 'cause fundamentally, there are no more obstacle.
GT/GL

hk ab 0.88 06:49 GMT February 9, 2004 Reply   
nt, did you do sth on your dlr/chf long?
I exit mine at 1.2425 this morning.

Indonesia Solo raden_masandi 06:45 GMT February 9, 2004 Reply   
Emergency call :
don't forget to try cut reverse at 1.2782 for eur/usd with stp if 1.2802 show you. If get stp please focuse buy when down rally to get 1.2836 and cut reverse more at 1.2836 (bigger selling attack here)

Singapore Pilot 06:39 GMT February 9, 2004 Reply   
London european...yeah good luck to you too...Guess the US shud think of other means to cut their budget deficit... if you ask me, the G7 ministers don't know what they are talking about,apart from stating the obvious.Duh... They want greater flexibilty but with less volatility? We all now its directed at China but you can bet that China will not revalue anytime soon ,so don't hold your breathe guys...

hk ab 0.88 06:34 GMT February 9, 2004 Reply   
sell one more aud/nzd 1.1450

Indonesia Solo raden_masandi 06:25 GMT February 9, 2004 Reply   
Emergency call :
eur./usd
buy here(1.2727) to get 1.2782 with stp at 1.2709

london european 06:24 GMT February 9, 2004 Reply   
sing pilot / hkg sk

basically usd/yen s/b well below 105.00 were fed up with asians manipulating currencies and flooding our shops with goods,thats my point and G7,s nothing racist in that.Actually i,m short at 106.03 from friday and was hoping to cover this morning well below 105.00. good luck.

mumbai jay 06:22 GMT February 9, 2004 Reply   
BC - May we have your valuable insights on the Dollar direction, post-G7? Thanks in advance.

Melbourne Qindex 06:21 GMT February 9, 2004 Reply   
Ldn 06:01 GMT - EUR/USD, Gold and AUD/USD are running side by side.

Sydney Alimin 06:20 GMT February 9, 2004 Reply   
raden, are you there?what do you think about euro/usd...short term still intact?

Ldn 06:17 GMT February 9, 2004 Reply   
BoJ?

ICT ML 06:11 GMT February 9, 2004 Reply   
selling a little gbp/usd and jpy here, to test the waters....but I'm not sure what bigger fish than us have in mind today NY session....fwiw

HKG SK 06:10 GMT February 9, 2004 Reply   
london european

I wish you will not use such strong wordings in this forum as to the point of being racist. You might offend a lot of people here.

Singapore Pilot 06:10 GMT February 9, 2004 Reply   
Duh......with so many Usd$ shorts out there and it being a no brainer to be short usd $ ...105? i dont think so...


05:09 07Feb2004 RTRS-IMM yen speculators notch record net long - CFTC

CHICAGO, Feb 6 (Reuters) - Speculators in IMM yen futures
increased a net long position to its largest on record in the
week ended Feb. 3, data from the Commodity Futures Trading
Commission showed on Friday.
The data from the CFTC's Commitments of Traders report on
speculative positioning are used by analysts as an indicator of
future market direction. For example, extreme net long
speculative positions often signal a decline in the currency,
especially if that position conflicts with the positioning of
the more influential commercial players.
Speculators in yen futures extended the net long yen
position to 64,499 contracts from 57,992 contracts a week
earlier.
"It's consistent with the price action we saw," said Lauren
Germain, currency analyst at Banc of America in New York.
She said speculators appear to be testing the resolve of
Japanese authorities to use intervention to weaken their
currency. But if the Group of Seven finance ministers this
weekend were to warn Japan against further interventions, then
speculators might have to trim that net long position, Germain
said.
"We'll probably see a little bit of a see-saw," she said.
"But I think the market really wants to see how far the Japanese
monetary authorities will let the yen go."
March yen futures rose during the CFTC's reporting period
to a close of $0.009486 on Feb. 3 from a close of $0.009463 on
Jan. 28. March yen scored a contract high on Feb. 3.
Speculators in Canadian dollar futures, meanwhile, reversed
a net long position, scoring the first net short position since
April 2002. March Canadian dollar futures have fallen sharply
since mid-January, when they notched a contract high.
The net short position was 3,852 contracts, compared with a
net long position of 13,709 contracts reported a week earlier.
The speculative community has been erasing the net long rapidly
since it reached its largest in nine months during the Jan. 13
period.
March Canadian dollar fell to a close of $0.7470 on Feb. 3
from a close of $0.7537.

London 06:08 GMT February 9, 2004 Reply   
JIJI cites an EU SOURCE welcoming the G7 statement, saying that it redirected the market"s concern to Asian currencies and Europe had been concerned about Eur"s potential instability & sudden rise. EU EconFin ministers will meet today & tomorrow, where G7 statement is sure to come up for discussions after they expressed concerns about EUR strength in Jan. Meanwhile, fund selling was reported in EUR/USD around 1.2740
MMS

Ldn 06:01 GMT February 9, 2004 Reply   
Melbourne Qindex do you also see the Aud retreat with the Euro
thx

london euorpean 06:01 GMT February 9, 2004 Reply   
why is the yen playing silly buggers again dont those asians know nothing yen s/b below 105 by now, intervention DOES not work.theyre preventing a decent net short dollar move yet again.When will they (the nips) learn how forex works.

Ina mr_co_z 06:00 GMT February 9, 2004 Reply   
hello all !
seen resistance euro at 1.2817... imo ..gl/gt !

Melbourne Qindex 05:57 GMT February 9, 2004 Reply   
EUR/USD : The mid-point reference of 1.2746 // 1.2776 is 1.2761.


Melbourne Qindex 07:45 GMT February 8, 2004
EUR/USD : The market is going to retreat and test the supporting strength of a projected supporting level at 1.2669 - 1.2679. A projected resistant level is located at 1.2727 - 1.2748. On Monday the congested area of my daily cycle is projected at 1.2608 - 1.2730 and the mid-point reference is 1.2669. The lower barrier is expected at 1.2562 // 1.2592 and the upper barrier is positioning at 1.2746 // 1.2776.


... 1.2562 // 1.2592, 1.2623, 1.2654, 1.2684, (1.2715), 1.2746 // 1.2776 ... 1.2869 ...

beijing road 05:56 GMT February 9, 2004 Reply   
Morning's movement did not hit my stop at 12550 longed from12515-12525 last Friday. Now trailed stop to 1.2590 and will add positions btw 12600-12650 level.

nyc sa 05:52 GMT February 9, 2004 Reply   
euro as I said ,they went after the stops around 1.2750 ,now retracement expected till the open in US to see where they want the dollar.

beijing road 05:45 GMT February 9, 2004 Reply   
Indonesia Solo raden_masandi 05:41 GMT February 9, 2004
Emergency call
eur/usd.. if still move higher better wait at 1.2782 for sell again with stp if 1.2912 show you. Target 50 point.

Sir: you take 130pips risk to get 50pips profit?

Indonesia Solo raden_masandi 05:41 GMT February 9, 2004 Reply   
Emergency call
eur/usd.. if still move higher better wait at 1.2782 for sell again with stp if 1.2912 show you. Target 50 point.

Singapore Pilot 05:39 GMT February 9, 2004 Reply   
Macro funds sold Euro at 1.2740 (for the uninitiated, macro funds are micro funds whose possies have gone bad)

Melb mpfx 05:28 GMT February 9, 2004 Reply   
Thanks Irish, just some strange diferrences, dont mind a few pips diff but 38 is out of the norm....... gt to u

Saihat 05:27 GMT February 9, 2004 Reply   
low for eurchf 1.5603 fxxxcmmm

Chicago Irish 05:23 GMT February 9, 2004 Reply   
mpfx:Was watching it carefully at the time,saw 65 low myself

Melb mpfx 05:22 GMT February 9, 2004 Reply   
Just interested on the eur/usd low 4 the day, have some very conflicting prices...
f.x..c..m low bid 1.2562
2 other, seperate sources never traded below 1.2600
If someone has ebs would they kindly post low price..tia

beijing road 05:13 GMT February 9, 2004 Reply   
beijing road 16:03 GMT February 8, 2004
Just find some interesting prediction on EUR/USD translated from Chinese:
In the next week, trending range is 230-260pips. It is certain that EUR will go to 1.2786-1.2830. At the begining of next week, EUR will go to 1.2744-1.2780, then retrace to 1.2677(test 1.2646-1.2590 support) .Finally EUR will test1.2786-1.2830, even 1.2925.
未来一周欧元趋向1.2786-1.2830是确定性的。周初冲高1.2744-1.2780、回调1.2677(考验1.2646-1.2590);中后期再逐级上攻1.2786-1.2830、甚至1.2925; 振荡空间230-260点

London 05:10 GMT February 9, 2004 Reply   
Is this the BOJ now ???

hk ab 0.88 05:07 GMT February 9, 2004 Reply   
Farmacia, do u think a short in aud here risky?

took a small aud/nzd short 1.1145 and short aud .7760 tight sl 25 pips.

Ldn 05:04 GMT February 9, 2004 Reply   
BOJ 's favourite time of the day, cross over from Asia to Europe

SA Bok 05:00 GMT February 9, 2004 Reply   
Good Morning all - In the wake of the Friday US numbers and G7 and all the talk etc .. my guess is we see 1.3000 print , then lower ... if PPP is par , then we have some business to do ... ECB sells EUR and cuts rates to 1% .. then we see ...
GBP,AUD,NZD will benefit as result of higher Interest rates , then they cut and we see global growth ... AIMHO

Exporters need a break outside of US ...

GL all

hk ab 0.88 04:59 GMT February 9, 2004 Reply   
Farmacia, congrat, your .7760 is reached.

Saihat 04:57 GMT February 9, 2004 Reply   
NYC 04:06

or could i get your mail

Saihat 04:54 GMT February 9, 2004 Reply   
NYC 04:06

could you give name for this broker

Ldn 04:38 GMT February 9, 2004 Reply   
The ECB were successful at containing Eur weakness during interventions in 2000, despite three out of four of those interventions being without the support of the US. At the same time PPP suggests a Eur/usd rate of around parity, indicating on that measure that the Eur is 20% overvalued against the dollar, and providing the fundamental cornerstone to justify intervention. IFO head Sinn reportedly told Der Spiegel over the weekend that the ECB must intervene to prop up the Dollar.
Spiegal

Nassau QF (newb) 04:05 GMT February 9, 2004 Reply   
Sorry if this has been posted already:

WASHINGTON - The United States and Australia reached a free-trade agreement Sunday that officials say will eliminate duties from more than 99 percent of American manufacturing exports to Australia.

The deal, which requires congressional approval, also will boost most agricultural trade between the two countries on products ranging from beef to fruit to macadamia nuts.

http://www.mercurynews.com/mld/mercurynews/business/7908122.htm

Singapore Pilot 03:55 GMT February 9, 2004 Reply   
he G7 Statement out of Boca Raton, Florida, did not surprise, but it |
|certainly came with a twist at the end. The Statement really came in two |
|parts: |
| |
|1) Exchange rates should reflect fundamentals and undesirable FX |
|volatility would not be tolerated. This should provide the appropriate |
|cover for the Bank of Japan to keep intervening and comfort the European |
|politicians as well. The initial response proved successful with the euro |
|selling down to 1.26. Ultimately, however, we do not believe there is |
|anything substantive in the statement to reverse the dollar's decline in |
|H1. |
| |
|2) "We emphasise that more flexibility in exchange rates is desirable for |
|major countries or economic areas that lack flexibility". When ECB |
|President Trichet was pressed whether he meant China he responded by |
|saying "The various currencies that are not flexible will recognise |
|themselves...There is not only one, there are quite a few". US Treasury |
|Secretary Snow responded to a similar question by saying the statement "is|
|written in fairly plain English. It speaks for itself." |
| |
|The second part of the statement will motivate markets to pursue Asian |
|currency appreciation. Note, also that an unconfirmed China Business |
|Daily story claims that China will go for a 5% revaluation this March and |
|then adopt a 10% appreciation in 2005. This is the second such story from |
|the paper and this time around the PBOC has chosen to respond with a firm |
|denial. The Europeans are said to be happy with the outcome as they get |
|to point their finger at Asia. Still, in Trichet's own press conference he|
|went on to talk about building a solid Euro and that this would not |
|require any change in ECB monetary policy.

Ldn 03:53 GMT February 9, 2004 Reply   
Expiries diary today include USD/JPY at 103.90-104.00, 104.20, 106.00, 106.30, 107.35, 108.15, EUR/JPY at 133.90, EUR/USD at 1.2450-60, 1.2700, 1.2800, GBP/USD at 1.7900, AUD/USD at 0.7540, 0.7610, 0.7700.

Shelbyville MKT 03:49 GMT February 9, 2004 Reply   
NYC: Thanks for the warning. I'm going to take some time before changing my account.

NYC 03:44 GMT February 9, 2004 Reply   
Shelbyville MKT 03:29 GMT/// be careful wit them. I was working with this broker for a long time and recently had not a good experience regarding withdrawal of funds.

Gen dk 03:44 GMT February 9, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Shelbyville MKT 03:41 GMT February 9, 2004 Reply   
QF: I stll have my account with the name Dallas mention earlier. But I'm trying this new platform as a demo tonight. I wish I could pick out the best features of both brokers and create my own platform.

Nassau QF (newb) 03:36 GMT February 9, 2004 Reply   
MKT,
The last time I tried Marketmaker I really disliked the interface.
This was about a month ago.

How do you like it?

Also, have they updated it since that time?

nyc sa 03:32 GMT February 9, 2004 Reply   
thnx Farmacia , do u have the last cable high before the downdraft ? as far as I remember was 186.40 right ?

Miami OMIL 03:31 GMT February 9, 2004 Reply   
GEP sounds like you need to overhaul that computer of yours and put an 8-cylinder block muscle car style processor on it LOL. (/;->

Shelbyville MKT 03:30 GMT February 9, 2004 Reply   
I have the new HP Pavilion work station. I have three platforms going with no problem

Shelbyville MKT 03:29 GMT February 9, 2004 Reply   
I'm talking about the top left broker on your global view screen. 3 pip spreads instead of 5. There platform has some nice features.

Dallas GEP 03:28 GMT February 9, 2004 Reply   
That's pretty slick Shelby, I can overlay windows on price feeds but it slows down my computer. The most I can realistically do on one PC is three price feeds.

Dallas GEP 03:26 GMT February 9, 2004 Reply   
Shelby, You are talking about the new platfrom right??? NOT FFXXCCMM???

melbourne farmacia 03:22 GMT February 9, 2004 Reply   
nyc sa 02:57 GMT February 9, 2004
Maybe mate - today's gbp/usd high @ 1.8543 hit friday's high channel line, so pullback from here. If we print 1.8603 soon, the following levels come into play - 1.8603 - 1.8689 - 1.8759 - 1.8828 - 1.8914 and 1.9053. I'm waiting for mondays NY close for overall direction. gt

Shelbyville MKT 03:21 GMT February 9, 2004 Reply   
Dallas: This new trading platform has pop out windows. I can stick a price window up any where on my screen. I have the euro price over the global-view screen while I 'm typing this message.

HK [email protected] 03:20 GMT February 9, 2004 Reply   
Daily indicators show for a Euro uptrend. As mentioned b4 a break of 1.2725 is crucial. Looks like only a downward price-shock can change the trend now.

Indonesia Solo raden_masandi 03:19 GMT February 9, 2004 Reply   
GBP/USD
Trade Strategy :
Sell at 1.8966 with stop loss 1.8609 for target 200 point with stp 1.8629
Sell at 1.8661 for target 100 point with stop loss at 1.8681
Sell at 1.8734 for target 100 point with stop loss at 1.8754
Sell at 1.8795 for target 100 point with stop loss at 1.8815
Buy at 1.8283 for target 50 point with stop loss at 1.8263
Buy at 1.8168 for target 80 point with stop loss at 1.8140

be carefull...gbp/usd now is near level entry for long trem trade. you can try for sell at 1.8609 for target 1.7780 with stp at 1.8629

for eur/jpy
wait at 134.89 for ssell , because that's level is top

Dallas GEP 03:16 GMT February 9, 2004 Reply   
Irish it was FFFXXXCCCMMM

Dallas GEP 03:14 GMT February 9, 2004 Reply   
ML That's an affirmative on the Aussie Low. I was shock pleasantly when they filled my 7640 buy order I had left on Friday that was in effect a take profit on an Aussie short I took on Friday.

Eilat Dolphin 03:10 GMT February 9, 2004 Reply   
RF/ Nothing worth a rouble ever came out of Lebed.

HK [email protected] 03:04 GMT February 9, 2004 Reply   
That matter with the bombs should rather be taken seriously....Read!!!

After the Soviet Union broke up in 1991, a former Russian National Security Adviser, Alexander Lebed, said that up to 100 portable suitcase-sized bombs were unaccounted for.

Moscow has denied such weapons existed, but Lebed said each one was equivalent to 1000 tons of TNT and could kill as many as 100,000 people.

Al-Hayat did not say how many weapons al-Qaida bought or say who exactly had provided them.

Melbourne Qindex 03:00 GMT February 9, 2004 Reply   
Melbourne Qindex 03:00 GMT February 9, 2004
EUR/USD (adjusted) : Daily Cycle Quantised Levels

The market rhythm of my daily cycle is represented by 0.00174.


... 1.2548 // 1.2565, 1.2583 ... 1.2617, 1.2635, 1.2652 ... 1.2704, 1.2722 // 1.2739 ...

ICT ML 03:00 GMT February 9, 2004 Reply   
ny 02:51...mate..if he bought them in 1998...(6 years ago)...either they bought bogus bombs, or can't figure out how to arm them to deploy them.....If Osama really has them, he would have already used them...don't you think?...all in my opinion anyway.

Shelbyville MKT 02:59 GMT February 9, 2004 Reply   
.7633 my broker shows

Glenbrook Sam 02:59 GMT February 9, 2004 Reply   
For what it is worth, most platforms will sell you a currency when it goes offered.

Chicago Irish 02:58 GMT February 9, 2004 Reply   
Thanks gents........FX CM......incredible.

nyc sa 02:57 GMT February 9, 2004 Reply   
farmacia , do u have a target gbp/usd ? can u say 1.91 ?

Glenbrook Sam 02:57 GMT February 9, 2004 Reply   
So 33 was given then?

ICT ML 02:56 GMT February 9, 2004 Reply   
IRISH.......my and GEP ( I think) broker F**M have low at .7633 bid.

melbourne farmacia 02:55 GMT February 9, 2004 Reply   
Irish - i have 0.7633 bid from third ad down on left of screen fwiw.

Chicago Irish 02:51 GMT February 9, 2004 Reply   
Sam:Westpac have the low at .7542 though most platforms have it at .7549. Dallas Gep said he bought at .7538 and I asked him which platform showed that price but he hasn't responded yet and I will be interested to see which firm it is.

ny 02:51 GMT February 9, 2004 Reply   
That is great , just what we need . Al-Queda with suitcase tatical nuclear weapons . This will keep everybody feeling warm and fuzzy

Ldn 02:48 GMT February 9, 2004 Reply   
melbourne farmacia thought so been watching its movements rather edgy.

Chicago 02:48 GMT February 9, 2004 Reply   
This reminds me of the December capture of Saddam. All the Sunday commentary and mkt chatter was of a massive dollar rally...... That rally lasted less than 12hrs..... This rally has lasted less than 6.

nyc sa 02:47 GMT February 9, 2004 Reply   
If people have placed their stops at or around 1.2750 then u can be sure they will come to take the stops .

SF MRZ 02:46 GMT February 9, 2004 Reply   
Sell Eur/$ 1.2780, bull flag target.

nyc sa 02:44 GMT February 9, 2004 Reply   
have order to sell euro at 127.50 ,will watch then to see if this is a top before going down .

melbourne farmacia 02:43 GMT February 9, 2004 Reply   
London 02:31 GMT February 9, 2004
Maybe on the bid already @ 105.60 over last few hours.

Caribbean! Rafe... 02:42 GMT February 9, 2004 Reply   
and now the projection.

If euro can maintain it's posture above 1.2725 then the next level to breach would be 1.2800

Glenbrook Sam 02:42 GMT February 9, 2004 Reply   
Does anyone have the low Australian dollar? My bank is telling me 0.7642 since 05:00 Sydney.

Caribbean! Rafe... 02:40 GMT February 9, 2004 Reply   
draw these markers on the charts for euro's and watch how the action rolled out in the past. now these same markers watch how the trend reacts at these levels.

main points 1.2800, 1.2650, 1.2515, 1.2395.

mid points are 1.2725, 1.2575, 1.2455.

SF MRZ 02:38 GMT February 9, 2004 Reply   
Eur/$ - If trades above 1.2723, then maybe higher before the sell. Forecast Eur/$ to trade lower levels for 2 weeks. Weird. Chart looks up but cyrstal ball says down.

hk ab 0.88 02:34 GMT February 9, 2004 Reply   
Farmacia, thanks and good trade

USA Biscuit Boy 02:32 GMT February 9, 2004 Reply   
Selling euro here with stop above 1.2775. GL and GT :)

London 02:31 GMT February 9, 2004 Reply   
melbourne farmacia do you see BOJ in today thx

melbourne farmacia 02:22 GMT February 9, 2004 Reply   
ab - from low 7670 and added at 7715 looking for 7780.

hk ab 0.88 02:17 GMT February 9, 2004 Reply   
Farmacia, did you buy break on aud?


Athens, do all these moves change your view on m/t USD?

Dallas GEP 02:14 GMT February 9, 2004 Reply   
Well didn't take long at all for Euro to go back long I see. I was wrong Andras about that I guess!!!!

HK [email protected] 02:09 GMT February 9, 2004 Reply   
Al-Qaida may have nuclear weapons


Sunday 08 February 2004, 22:05 Makka Time, 19:05 GMT




A pan-Arab newspaper has said al-Qaida bought tactical nuclear weapons from Ukraine in 1998 and is storing them in safe places for possible use.



There was no independent corroboration of the report on Sunday, which appeared in the newspaper al-Hayat under an Islamabad dateline and cited sources close to the Islamist network.

The newspaper claimed al-Qaida bought the weapons in suitcases in a deal arranged when Ukrainian scientists visited the Afghan city of Kandahar in 1998.

The city was then a stronghold of a Taliban government that refused to hand over Usama bin Ladin for trial abroad.

The report claims al-Qaida could use the weapons inside the United States or anywhere else should the network face a "crushing blow" which threatened its existence

Caribbean! Rafe... 01:59 GMT February 9, 2004 Reply   
EUR/USD UPPER BANDS 1.2719 1.2734 1.2753 1.2768 1.2783 1.2801 1.2831
LOWER BANDS 1.2689 1.2674 1.2655 1.2640 1.2626 1.2607 1.2577



USD/CHF UPPER BANDS 1.2355 1.2370 1.2388 1.2402 1.2417 1.2435 1.2464
LOWER BANDS 1.2326 1.2311 1.2293 1.2279 1.2264 1.2246 1.2217


GBP/USD UPPER BANDS 1.8502 1.8524 1.8551 1.8572 1.8594 1.8621 1.8665
LOWER BANDS 1.8458 1.8436 1.8409 1.8388 1.8366 1.8339 1.8295


GBP/JPY UPPER BANDS 195.32 195.55 195.84 196.07 196.30 196.58 197.04
LOWER BANDS 194.86 194.63 194.35 194.12 193.89 193.60 193.14

Ldn 01:47 GMT February 9, 2004 Reply   
Japan MoF Mizoguchi - To Act If Needed On FX, Stability Desired

all mouth and trousers as usual.

Sydney Alimin 01:46 GMT February 9, 2004 Reply   
where can usd/jpy go from here? opinions please? i personally think it will rise soon

Ldn 01:43 GMT February 9, 2004 Reply   
Are the BOJ all talk again .?

Miami OMIL 01:41 GMT February 9, 2004 Reply   
hk ab 0.88 01:28 GMT February 9, 2004

Eur/usd has a double bottom at 1.2330-50 area with the daily pennant broken it headed to test 1.2900 first and the 1.30’s is not far away either IMHO. (/;->

Sydney Alimin 01:36 GMT February 9, 2004 Reply   
raden, haha wow how long have you been surviving like that?
i had 6 hours sleep on sat only to be waken up by false fire alarm..blah!

nyc sa 01:29 GMT February 9, 2004 Reply   
thnx miami

ICT ML 01:29 GMT February 9, 2004 Reply   
JF...you here?

hk ab 0.88 01:28 GMT February 9, 2004 Reply   
mkt does the same trick.

Make a gap, fill the gap, and then rushing to the other side to test CB tolerence.

1.3 this week?.......

nk, GT.

Ldn 01:28 GMT February 9, 2004 Reply   
Unusual player said to have been selling from 1.2685 to 1.2695, but the use of this name is fostering talk of whether official offers are higher up. Note the background noise on Fri that the ECB popped up on Fri to sell twice, once at 1.2700 and another round at 1.2720. FWIW poss ECB

Indonesia Solo raden_masandi 01:27 GMT February 9, 2004 Reply   
Sydney Alimin.
LOL. only get sleep well 4 hours on saturday. until now still not sleep... do something for look chart and listen G-7 result.
only get 50 pips eur/usd be hold since Friday. LOL

Miami OMIL 01:25 GMT February 9, 2004 Reply   
nyc sa 01:21 GMT February 9, 2004

eur/usd high so far is 1.2704. (/;->

Indonesia Solo raden_masandi 01:23 GMT February 9, 2004 Reply   
aud/usd have break 0.7719 that's mean will get 0.7760 (selling attack here).

hk ab 0.88 01:23 GMT February 9, 2004 Reply   
someone purposely pumping up jpy crosses.....

Indonesia Solo raden_masandi 01:21 GMT February 9, 2004 Reply   
Emergency call :
EUR/JPY 134.05 I think 134.37 is a top, price will get 133.50 (pullback)
GBP/JPY 195.45 Price will up to get 196.93 (top)
GBP/CHF 2.2840 Price will down to get 2.2709 (pullback)

nyc sa 01:21 GMT February 9, 2004 Reply   
could someone please tell me what was the high so far on Euro/usd ? thnx

Sydney Alimin 01:15 GMT February 9, 2004 Reply   
hi raden how are you? sleeping a lot during weekend? :)
looks like we are gonna have rollercoaster ride after G7

hk ab 0.88 01:15 GMT February 9, 2004 Reply   
aud/nzd still kept under 1.1140....

can go short if this is held today.

Sydney Alimin 01:13 GMT February 9, 2004 Reply   
morning everyone

Indonesia Solo raden_masandi 01:12 GMT February 9, 2004 Reply   
Emergency Call
EUR/GBP 0.6863 Price will get 0.6914
EUR/CHF 1.5663 Price will up to get 1.5719

Ldn 01:10 GMT February 9, 2004 Reply   
Indonesia Solo raden_masandi
AUD where you see pull back first cheers

Dublin CK 01:03 GMT February 9, 2004 Reply   
True elections to far away, but I like Kerry myself, he seems more clued in than GW and seems to be winning all the primaries. Kerry and Edwards (as VP) would be a good combination for a challenge.

Indonesia Solo raden_masandi 01:03 GMT February 9, 2004 Reply   
Emergency Call
AUD/USD 0.7713 Ideally price will get top 0.7761
USD/CAD 1.3275 Be carefull price will down to get 1.3240

Indonesia Solo raden_masandi 00:58 GMT February 9, 2004 Reply   
EMERGENCY CALL
EUR/USD 1.2685 Be carefull price will get 1.2638
USD/JPY 105.70 Ideally price will up to get 106.97
USD/CHF 1.2348 Price will up to get 1.2401

Chicago Irish 00:52 GMT February 9, 2004 Reply   
Dublin CK:Re Kerry.....too far away to have impact at the moment,assume USD negative myself

Indonesia Solo raden_masandi 00:51 GMT February 9, 2004 Reply   
Long term trade :

If we see weekly candle there is bearish engulfing. That’s mean will down so far below 1.2000. But don’t forget that this move down so far is corection type of up movement from 1.1100 to 1.2910. We can play in this corection before get 1.3170. Ideal bottom before move up to get 1.3170 is from low 1.2210 or 1.2000 or 1.1794 or 1.1763. You can try buy at that numbers with tight stp and if price still break 1.1760 that’s better wait and see to get confirmation again price will move down again or make swing only.

Trade Strategy :
• Sell at 1.2730 for target 1.2213 with stp at 1.2757 (was be activated)
• Buy at 1.2210 for target 1.3170 with stp at 1.2190
• Buy at 1.2000 for target 1.3170 with stp at 1.1980
• Buy at 1.1794 for target 1.3170 with stp at 1.3170
• Buy at 1.1760 for target 1.3170 with stp at 1.1740
• Sell at 1.3170 for target 1.2500 with stp at 1.3190

Indonesia Solo raden_masandi 00:50 GMT February 9, 2004 Reply   
Middle term trade :

For middle term trade , eur/usd test 1.2720-37 area as a extreme top after show you number 1.2655. Ideally from this level price move down so far and seen will get 1.2215-10. But please forget about 1.2215 if 1.2782 show you. That number is potential as a top for minor cyclic and potential become top of corection for long term phase to get major corection of weekly chart at 1.2210 as a first target or 1.2000 as extreme lowt. But if 1.2930 be broken before get 1.2210 better wait to think for buy because strong up will come. Be carefull if price touch 1.2000 maybe price give up stromng from there .

Until now price still no give me information will strong up, but now price is on the key level to get strong up for middle term or down trend for middle term too.

Trade Strategy :

• Sell at 1.2735 to get 1.2240 with stp at 1.2755 (was be activated)
• Buy at 1.2215 to get 1.2300 with stp at 1.2200
• Buy at 1.2000 to get 1.2300 with stp at 1.1980

Indonesia Solo raden_masandi 00:49 GMT February 9, 2004 Reply   
Short term trade :

Because 1.2655 have shown that’s mean is confirmation to get 1.2735. Be carefull with 1.2735 because this number is very potetntial climax buying and can give move down so far. Now price is at the target resistant major for middle term trade. But for short term trade is no problem to get 40-50 pips from this number.

Be carefull if price show you 1.2757 that’s mean price will get 1.2782 as an ideal top, but if show you 1.2795 that’s mean we can forget number 1.2215 because if show you 1.2782 price will make new high at 1.2957 and 1.2997 as a resistant.

Trade Strategy :

• Sell at 1.2735 for target 1.2586 with stp at 1.2757 (was be activated)
• Sell at 1.2782 for target 1.2630 with stp at 1.2802
• Sell at 1.2957 for target 1.2907 with stp at 1.2977
• Sell at 1.2997 for target 1.1940 with stp at 1.3017

Pecs Andras 00:43 GMT February 9, 2004 Reply   
Well, it seems the gaps are going to be filled pretty fast.

Melbourne Qindex 00:38 GMT February 9, 2004 Reply   
EUR/USD : Current Comment . Register with [email protected] if you have no access to my page.

Shelbyville MKT 00:34 GMT February 9, 2004 Reply   
FWIW: stop out at 1.2658 on eur/usd position

Shelbyville MKT 00:32 GMT February 9, 2004 Reply   
Irish: I think Dallas uses a different broker

Dublin CK 00:27 GMT February 9, 2004 Reply   
What opinions does John Kerry have about the twin deficits and Bush's economic policies?

What effect on the FX markets would he have if he were elected?

Nassau QF (newb) 00:07 GMT February 9, 2004 Reply   
Looks like you made a good call Sam.
Were you able to place your order?

slv sam 19:43 GMT February 8, 2004
buy the euro now if you can.GT

Shelbyville MKT 00:06 GMT February 9, 2004 Reply   
FWIW: Went long the eur/usd at 1.2630 now have trailing stop in

singapore emperor 00:05 GMT February 9, 2004 Reply   
Tks Marco Mirco.....
Got out all the long above 106.55-60.
appreciate.

 




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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.

 

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