User Name: Password:      Register - Lost password?

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

Forex Forum Archive for 02/17/2004

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


Melbourne Qindex 23:56 GMT February 17, 2004 Reply   
Dallas GEP 23:44 GMT - There is an unusual high probability value associated with my daily cycle quantised level at 1.2609. This would happen only if someone is planning to set it up for an action today.

Melbourne Qindex 23:26 GMT February 17, 2004
EUR/USD : 22-Day Cycle Reference

... // 1.2561* - 1.2642 - 1.2723* - 1.2790 - 1.2856* // ...

Melbourne Qindex 22:47 GMT February 17, 2004
EUR/USD : Initially the market is likely to trade between 1.2810 - 1.2872 in Asia time. Speulative selling will increase if the market is trading below 1.2764. A negative note will be triggered in my daily cycle if the market can reach 1.2670. The odds are good that the market will move down the road step by step and head for 1.2609.

... 1.2516 ... // 1.2578 - 1.2609* - 1.2640 - 1.2671 // 1.2702 - 1.2733 ...

Melbourne Qindex 22:00 GMT February 17, 2004
EUR/USD : Daily Cycle Quantised Levels

... 1.2609 ... 1.2764 // 1.2795 - 1.2826 - 1.2857 - (1.2888) -1.2919 // 1.2950 ...

Melbourne Qindex 21:43 GMT February 17, 2004
EUR/USD : My weekly cycle charts indicate that the market is vibrating between the critical level at 1.2787 - 1.2882 for the time being. The mid-point reference of 1.2787 - 1.2882 is 1.2835. My 3-day cycle charts also suggest that the market can easily move between 1.2778 - 1.2840 - 1.2901, since all these 3-day cycle quantised levels have the same frequency number. It would be a negative sign if the market can penetrate through the projected supporting level at 1.2778 - 1.2787.

shanghai bc 23:54 GMT February 17, 2004 Reply   

QINDEX -- Good morning..European folks have been in the habit of making friendly "Inquries" on major Asian cbs like BoJ,PBoC and HKMA since the days of BBK when they make preparation for interventions..ECB's last interventions three years ago were after such friendly "inquries" too..Maybe they want to make sure other cbs do not stand in their way as a matter of curtesy..Suspecting Eur/Usd 1.30-1.35 is the most likely area to force ECB to intervene but no such friendly "inquries" on Asian folks yet as of today..Still all hats,no cattles from ECB folks..Good forecasts and trades..

ICT ML 23:53 GMT February 17, 2004 Reply   
CK...one could argue that they have been verbally intervening lately, albiet in a pathetic manner....and need to actually shock the market before they lose the upper hand.....just a thought, not backed up anything concrete.....GL GT

Dallas GEP 23:53 GMT February 17, 2004 Reply   
Well CK, whether it is verbal or not it is still intervention. I wonder if the ECB boys called the Asian Boys today????

Dublin CK 23:48 GMT February 17, 2004 Reply   
GEP do u ever sleep, i admire your dedication and uncanny nack with ur calls today. U seem to be working 24/7 sorry 24/5.............

Would the ECB not use verbal intervention first? Its cheaper and could spook the currency into a better range.

Dallas GEP 23:45 GMT February 17, 2004 Reply   
Possibly even a tighter range in Asia

Dallas GEP 23:44 GMT February 17, 2004 Reply   
Q, My feeling is that they WILL let it make a new high FIRST in London Session and THEN possibly come in. It is POSSIBLE the euro range in Asia will be 1.2800-1.2880.

mtl gg 23:42 GMT February 17, 2004 Reply   
Quindex

" - Good morning! I have a feeling ECB is going to do it today."

Would that be the asian session or European? Interested to know if your feeling is based on the murmurings or??

TIA

Gen dk 23:39 GMT February 17, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Gen dk 23:39 GMT February 17, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Melbourne Qindex 23:38 GMT February 17, 2004 Reply   
shanghai bc 23:20 GMT - Good morning! I have a feeling ECB is going to do it today.

Melbourne Qindex 23:37 GMT February 17, 2004 Reply   
Melbourne Qindex 22:00 GMT February 17, 2004
EUR/USD : Daily Cycle Quantised Levels

... 1.2609 ... 1.2764 // 1.2795 - 1.2826 - 1.2857 - (1.2888) -1.2919 // 1.2950 ...

Ldn 23:21 GMT February 17, 2004 Reply   
ECB"s Quaden said new significant appreciation of the EUR is not desirable

shanghai bc 23:20 GMT February 17, 2004 Reply   

Asian session may try to have another go at Eur/usd 1.29 and above today..In this round,Eur/Usd is highly unlikely to top out unless ECB folks start firing their connons..All these murmuring by ECB folks are nothing but an invitation to the market to force ECB to show their hands only..Fwiw..

hk ab eur/gbp 0.66 23:13 GMT February 17, 2004 Reply   
I will decide whether or not to exit the aud/nzd long at 1.1280 @ b/e when the price comes. Also, kept those longed underneath.

hk ab eur/gbp 0.66 23:12 GMT February 17, 2004 Reply   
anyone got nzd info? why it plunges so fast?

HK 8888 23:08 GMT February 17, 2004 Reply   
euro sold from 1.2870 to 1.2840 on ecb's quaden saying 'new significant appreciation of euro not desirable.'

Melbourne Qindex 22:48 GMT February 17, 2004 Reply   
EUR/USD : Current Comment.  Register with [email protected] if you have no access to my page.

Dallas GEP 22:43 GMT February 17, 2004 Reply   
Thanks GLR, I would like for everyone here to do well.

SZ, RE: AROD, The Rangers are a real loser organization, AROD will at least get the attention he deserves in NY. He is a real classy guy. It was a shame that he played for an organization that was totally ignorant to the fact it takes at least SOME pitching to win.

NY NY 22:39 GMT February 17, 2004 Reply   
Just a tidbit about that arod trade...they basically spent almost nothing considering they gave up Soriano(5.4m) Boone is done(another 5+m) and Henson is playing football..(10+m). The trade was almost a wash, so basically you met fans and boston fans had your shot but cant get it right. AROD for 4m extra a year = PRICELESS !!!

OK SZ 22:34 GMT February 17, 2004 Reply   
Dallas, Gep..hey dallas what do ya think of a-rod going to the yankees? I am probably the biggest hater of the yankess in the world..I grew up in NY so I am a mets fan but it's typical of them to spend spend spend...It will be awesome if they do not win the big one with him...I am hoping they don't anyway..sorry for the off topic guys..GT..

Madrid GLR 22:10 GMT February 17, 2004 Reply   
Dallas GEP, It is a real pleasure to see how well you handle the Q&A, as well as the informative market and trading insights. Thanks,

GVI john 22:06 GMT February 17, 2004 Reply   
For information on how you can access GVI, contact [email protected]
STRATEGY SESSION —Far East Open
eur/$ 1.2840…. $/yen 105.65
DJIA 10,715, +87 pts…NASDAQ 2,080, +27 pts
10-yr 4.04%, 0 bp’s
MARKET OPINIONS:
For a broad range of opening levels click on GVI’s “Market Snapshot”:
CLICK HERE
see GVI....

Perth AS 21:55 GMT February 17, 2004 Reply   
Noody, notice you mentioned Max Clegg view on the Dollar being quite bullish, do you know what his view on the Australian Dollar is going forward he tends to be quite correct . many thanks in advance of the reply.

Dallas GEP 21:50 GMT February 17, 2004 Reply   
It Varies RE Asian Movement. First couple of hours I have seen good movement only to see it slow down again until a couple of hours before the London boys get in.

Melbourne Qindex 21:44 GMT February 17, 2004 Reply   
EUR/USD : Current Comment.  Register with [email protected] if you have no access to my page.

Dallas DEW 21:43 GMT February 17, 2004 Reply   
Dallas GEP,
How strong is action during the Asian time period?
Thanks


Helsinki iw 21:30 GMT February 17, 2004 Reply   
No way Germany is going to have GDP growth at 1,4% in 2004
with euro here. More like 0,4% at most.

Moscow Hawk 21:30 GMT February 17, 2004 Reply   
Atlanta,while 0.7920-50 limits downside the target for the pair is 0.8050-00. But how fast it can be reached depends on EUR/USD. If the latter moves above 1.29 there will be almost nothing could stop the aussie to reach the zone very fast.
Good trades.

Khobar 21:28 GMT February 17, 2004 Reply   
Dallas GEP
Thanks ;appriciated

Dallas GEP 21:25 GMT February 17, 2004 Reply   
Khobar, this time of day it is pretty slow. Should pick up again in 3-4 hours during Asia.

Khobar 21:13 GMT February 17, 2004 Reply   
Hello
Any suggestion on which pair to trade?
Thank you

Atlanta 21:10 GMT February 17, 2004 Reply   
Moscow Hawk

would you share your views on the aussie noticed you traded it in the passed , do you see it stretched at present , I see dips to 7945 being attractive to buy thanks

Moscow Hawk 20:53 GMT February 17, 2004 Reply   
Further to my recent post I have to note that I would not prefer to see euro above 1.29. But unfortunately there are some reasons that point that the break of 1.2850-00 is likely now. First and major one is that technical pattern was broken at 1.2600-65 upside and the target for such break is above 1.30. There was the chance that it was false break but it almost disappeared. Moreover euro managed to hold above 1.27 and probably today we will have higher closing (not clear yet). And last but not least is the difference in sentiments at the extremes of the range. When EUR/USD was trading near 1.2300-50 almost all target for lower levels. Now near 1.2850-00 it seems that nothing changed and many players still target for the lower euro.

In current environment it is better to wait downside confirmation if going to play EUR/USD short.

Good luck

SD tht 20:51 GMT February 17, 2004 Reply   
Dollar index heading for a close below 85, 83 next with a decisive break of 84.80. It's time for euro to catch up with cable and AUD.

Atlanta. 20:49 GMT February 17, 2004 Reply   
DIW PRES ZIMMERMAN attempting to apply some pressure on the ECB to sap Euro strength, claiming that there is room for a Eurozone rate cut. He argues that this would help spur the still fragile economic recovery, while noting that as there is no sign that infl is accelerating monetary easing would be a better option than f/x intervention if Euro appreciation continues gradually. Zimmerman flags the 1.3500 level for Eur/Dlr as a major pain barrier for the German economy, suggesting that a sustained period above could cut 2004 growth by around 0.4% pts (DIW is currently f/casting 1.4% GDP for this yr).Reuters

prauge viktor 20:48 GMT February 17, 2004 Reply   
thanks Gep.

Porto PJT 20:47 GMT February 17, 2004 Reply   
fwiw, eur/aud near a interesting level.

la gold 20:39 GMT February 17, 2004 Reply   
In the short term a clear break of 6.75-6.85 in Silver,
will lead to a break of 1.29 in euro.

la gold 20:33 GMT February 17, 2004 Reply   
Atlanta, more upward potential for Gold&Silver,
when they start to gain against, AUD, GBP, EURO,RAND,
which they have not done yet.

Dallas GEP 20:27 GMT February 17, 2004 Reply   
Thnaks JB,

Viktor, I think during London if not earlier we will see NEW high attempts on BOTH Euro and Pound. The pullbacks on both pairs are getting shallower.

Atlanta 20:26 GMT February 17, 2004 Reply   
la gold
What would the implications to that be thanks .

la gold 20:23 GMT February 17, 2004 Reply   
Note that Gold&Silver have moved up in USD term,
But not in AUD, EURO, GBP, RAND.

la gold 20:18 GMT February 17, 2004 Reply   
Gold& Silver, have been following the Euro uptrend.

LAX-LGB SNP 20:03 GMT February 17, 2004 Reply   
Exchange-rate forecasts ?

EIU's country-risk ratings

prauge viktor 20:02 GMT February 17, 2004 Reply   
hello Gep,how do u see the eur/usd and the gbp/usd for tonight thanks.

beirut jb 19:59 GMT February 17, 2004 Reply   
Dallas GEP 19:36

wtg mate

Dallas GEP 19:59 GMT February 17, 2004 Reply   
Yeah Sat, You can count on Pound for at least some movement most of the time for sure.

Wien GD 19:50 GMT February 17, 2004 Reply   
Save heaven!

Wien GD 19:49 GMT February 17, 2004 Reply   
HKG SK: Gold and silver (and commodities) up <=> USD down
Therefore gold (and precious metals) = safe heaven

Chicago 19:47 GMT February 17, 2004 Reply   
Silver closed in NY at an important level. A break though the Jan highs (basis Mar contract) will no doubt force a lot of shorts to cover. Gold lagging at the moment, but also closed at a key (s/t) resistance level.

Warwick Sat 19:45 GMT February 17, 2004 Reply   
That's twice you've done that toady Mr GEP ! (traped GBP)

Chicago 19:45 GMT February 17, 2004 Reply   
SIlver is in an uptrend. Dollar is in a downtrend.

HKG SK 19:43 GMT February 17, 2004 Reply   
Silver up= gold up= US$ up. Is this right???

HKG SK 19:36 GMT February 17, 2004 Reply   
Is there any correlation between silver and US$?? If silver is going to hit 750-780 what will $ be??? Just wondering

Dallas GEP 19:36 GMT February 17, 2004 Reply   
Closed short GBP possie at +30 PIPS (1.9030)

Moskow 19:35 GMT February 17, 2004 Reply   
Looking for reliable history data for trading system verification
and precise technical analysis?
Visit www.hisbase.com . This is one of the trustworthiest & effective
forex quotes history for intraday trading over net.
Intraday data are presented since 1997.
Reasonable prices and best data quality.

Nottingham 19:34 GMT February 17, 2004 Reply   
I have 1.2650 as key for euro...whilst above there then test/break of high still poss...but if below there I would favour range trading with 1.2350 as lower end...gl gt

la gold 19:30 GMT February 17, 2004 Reply   
Raden, I am long 60,000 oz. of silver.
My target is 7.50 to 7.80,
within the next 60 days.

USA Biscuit Boy 19:29 GMT February 17, 2004 Reply   
Beirut jb that 1.2775 offered good resistance at the beginning of the week and should give some decent support now. If broken would put a dent in euro bulls ambitions of new highs for the short term.

HKG SK 19:24 GMT February 17, 2004 Reply   
Raden

I can't agree with you any more on silver.

Indonesia Solo raden_masandi 19:22 GMT February 17, 2004 Reply   
HK SK
about silver. will go to 6.855 and then from there maybe price will rest for a while.

Athens 19:22 GMT February 17, 2004 Reply   
beirut jb 19:17, suppotrt line of the current upleg.
Good luck all here, bifn.

HKG SK 19:21 GMT February 17, 2004 Reply   
I was Athen. Sorry for the wrong info but any way triple tops have formed.

Athens 19:18 GMT February 17, 2004 Reply   
HKG SK, I assume you are looking at futures, not at the spot market?

HKG SK 19:17 GMT February 17, 2004 Reply   
Sorry correction 680 not 670.

Porto PJT 19:17 GMT February 17, 2004 Reply   
HKG SK 19:14, surely is a bad tick you have.

beirut jb 19:17 GMT February 17, 2004 Reply   
Athens 19:03 GMT

hi mate,

if eur make lower hi tomorrow, it may hint for a reversal,

but a confirmation for me need a close below 12578 on daily basis,

what is the meaning of 12775 plz??

Chambery FR JFB 19:16 GMT February 17, 2004 Reply   
HKG SK 19:14 GMT February 17, 2004
FWIW, last three tops here were 1.2896, 1.2892, 1.2875 (today), all bid price :-)

HKG SK 19:15 GMT February 17, 2004 Reply   
I have long silver at 667 and still sitting on it. Looking at 670 tomorrow.

HKG SK 19:14 GMT February 17, 2004 Reply   
Athen

1.29+ level was on 7th Feb at 0400 Eastern time

Barcelona JP 19:13 GMT February 17, 2004 Reply   
Raden

Here we go?

Kaunas DP 19:12 GMT February 17, 2004 Reply   
what range u expect for time frame till NY reopens tomorrow - shorted 6,69 and not happy about it (consider to cut loss) - what u think - TIA

HKG SK 19:11 GMT February 17, 2004 Reply   
So Silver man what do you think of silver?

Athens 19:10 GMT February 17, 2004 Reply   
HKG SK, where did you find those 1.29+ levels?

HKG SK 19:09 GMT February 17, 2004 Reply   
I am trading silver at the moment.

Kaunas DP 19:08 GMT February 17, 2004 Reply   
any1 trading silver at the mom ?

HKG SK 19:06 GMT February 17, 2004 Reply   
3 tops formed during the passed month at 1.2928, 1.2900 and 1.2875 Lower high every time.

Chambery FR JFB 19:04 GMT February 17, 2004 Reply   
Quezon Mailman 18:43 GMT February 17, 2004
Hi Mailman... fwiw, I've shorted Euro @1.2858 traded, s/l 1.2885, open target so far :-) GL GT

Athens 19:03 GMT February 17, 2004 Reply   
I don't really like to trade against my model basic direction and that's why I didn't try to sell in the morning at higher EUR/$ levels, thinking that it had a high probability of going through the old top. However, quite often a second double failed top gives a signal of a possible reversal. Right now we have the second (failed) top of a double top. On linear analysis basis (not related to the model) a move under 1.2775 after US closing time and all day Wednesday would confirm the double failure. At the moment nothing is clear yet.

HKG SK 19:03 GMT February 17, 2004 Reply   
Triple top formation on Euro. Time to take short.

Barcelona JP 18:59 GMT February 17, 2004 Reply   
Like your post, RADEN

phils VL 18:58 GMT February 17, 2004 Reply   
shutting dwn... GT to all

USA Biscuit Boy 18:54 GMT February 17, 2004 Reply   
JP too nerveracking for me at high leveraage. But at least the kitty keeps ticking over. L to you.

USA Biscuit Boy 18:53 GMT February 17, 2004 Reply   
Im out at 44.

Indonesia Solo raden_masandi 18:53 GMT February 17, 2004 Reply   
usd/chf will up to get 1.2324.

Barcelona JP 18:50 GMT February 17, 2004 Reply   
USA Biscuit Boy

Wait until we see if USD/CHF can hit 1.2300

Barcelona JP 18:49 GMT February 17, 2004 Reply   
I¡ve shorted GBP/USD at 1.9035

USA Biscuit Boy 18:48 GMT February 17, 2004 Reply   
Mailman sold at 52 and ready to buy back quickly. GL and GT.

Barcelona JP 18:48 GMT February 17, 2004 Reply   
USD/CHF in its way to 1,2340

Dallas GEP 18:46 GMT February 17, 2004 Reply   
Mailman I probably would have done it but I took pound short instead

Barcelona JP 18:46 GMT February 17, 2004 Reply   
USD/CAD still a buy

Quezon Mailman 18:43 GMT February 17, 2004 Reply   
hi fellow traders! anybody thinking to short euro at current figure 1.2850? thanks

Houston KC 18:42 GMT February 17, 2004 Reply   
Thanks GEP much appreciated. Just got a gut feeling we might break up on usd/cad but will tighten stop around 1.3120-40 area.

phils VL 18:38 GMT February 17, 2004 Reply   
usd/jpy - closed at 105.74 frm 42...expecting some pressure tomorrow

Dallas GEP 18:37 GMT February 17, 2004 Reply   
1.9060 short on POUND, I don't think it will make a new high in US session. Target on USD/CAD long is 1.3120 then 1.3140

st. pete islander 18:35 GMT February 17, 2004 Reply   
No, VL. My little old mechanical system said to sit on my hands and I have .... but it sure isn't easy.

Houston KC 18:31 GMT February 17, 2004 Reply   
Dallas GEP if you don't mind, what is your target for usd/cad I am trying to decide whether to risk holding waiting for another stab at 1.3225 area or getting out around 1.3160-80 area. TIA

phils VL 18:28 GMT February 17, 2004 Reply   
st. pete islander

are you in the euro trade..?

USA Biscuit Boy 18:27 GMT February 17, 2004 Reply   
That's what I figured. Last 2 asian sessions I have been going at it with 50:1 leverage in eur/usd for 5-10 pips at a time for my owwn account but couldn't see myself attempting this in europe or us sessions.

phils VL 18:27 GMT February 17, 2004 Reply   
st. pete islander

perhaps tomorrow's action may be a pointer...

are in the euro trade?

Dallas GEP 18:24 GMT February 17, 2004 Reply   
YES, BB US is the hardest session to PIP Raid IMO

USA Biscuit Boy 18:16 GMT February 17, 2004 Reply   
Dallas can I ask if you find pip raiding asier in asia. It would seem with the lower volatility and not much major data a safer time. TIA

st. pete islander 18:15 GMT February 17, 2004 Reply   
phils VL 18:04 GMT February 17, 2004

Those very facts have kept me sitting on my hands .... and that has not been easy. LOL

Dallas GEP 18:14 GMT February 17, 2004 Reply   
The MOF may very well be preparing for another USD selloff by pushing USD/JPY up so that when it shorts back down it will still be in that 105.40/50 region.

Dallas GEP 18:11 GMT February 17, 2004 Reply   
VL, I would be worried about what the NON-specs are doing!!! LOL

Dallas GEP 18:10 GMT February 17, 2004 Reply   
Pippirate, remember: "In God we trust, all others must pay CASH!!!"

Det tm 18:09 GMT February 17, 2004 Reply   
FRA 17:58

CRB had tested 1988 high within ticks last month, enough so
to make a double top, yet as 88' high was a clear blow off top
this looks to be consolodating for next leg. Yet powers that be see no inflation from the talisman.

phils VL 18:04 GMT February 17, 2004 Reply   
eur/usd - had every chance to hit the 1.2894 high but fell way short...then took a 73 pip dive...then swung up 59 pips in 40 minutes.. makes one wonder WTH the specs are up to...?

LAX-LGB SNP 18:03 GMT February 17, 2004 Reply   
with reference to 05:24 GMT February 17, 2004

buying AUDUSD yielded a coupla quarters
selling EURCHF = 40 bps ... can't figure out this later-day charge yet
buying EURGBP adds another 20 bps & buying EURJPY = a full cent & more
too slow to cash in on buying EURUSD
buying GBPCHF grosses 1/2 a cent while shorting USDCAD closed after 2 quarters

lets see how long the conti-majors hold on to their high-flyin skirts ;-) haha (USDCHF < 1.22)

Shelbyville MKT 18:01 GMT February 17, 2004 Reply   
Copper is up 6.00 right now. Beans .195 up

Rivonia PipPirate 18:01 GMT February 17, 2004 Reply   
Dallas GEP G'day, sold the snowmobile to two strange looking guys, Mr Cheech jr. and Mr Chong jr for use as a movie prop in their next movie, "Snow Problem". They were smoking foul smelling cigarettes and laughed a lot as they drove away. I hope their cheque does not bounch.
Nice fib's for Euro and Pound today.

FRA 17:58 GMT February 17, 2004 Reply   
Looking at copper, soybeans, crude oil,aluminum etc. unmanipulated PPI and CPI could be astronomous.

Shelbyville MKT 17:55 GMT February 17, 2004 Reply   
Dallas: I'm eating a bag of Maple Nut Goodies

Dallas GEP 17:53 GMT February 17, 2004 Reply   
Shelby and a big ole bag of M&M's for dessert

phils VL 17:50 GMT February 17, 2004 Reply   
hope they avoid the mad cow burgers and push the right buttons after lunch...! lol

Shelbyville MKT 17:50 GMT February 17, 2004 Reply   
Just had lunch myself. Soup, Ham Sandwich, and a cold drink

Dallas GEP 17:47 GMT February 17, 2004 Reply   
VL NY boys are eating lunch!!!!!

phils VL 17:45 GMT February 17, 2004 Reply   
market has slowed down alot and its become boring.. hope for some action soon otherwise I may do something sensationally stupid....

Dallas GEP 17:42 GMT February 17, 2004 Reply   
Actually this where a short MAY be better. Haven't decided yet. Same thing on Euro.

Wiarton H 17:40 GMT February 17, 2004 Reply   
Dallas GEP
Is this where you would normaly go long the pound, I am trying to mirror your moves.
Thanks for all your great postings

slv sam 17:40 GMT February 17, 2004 Reply   
london 17:13 /
..and who said mother in laws are not useful!
why u care ..you make money only if somebody else loosing it.GT

Dallas GEP 17:37 GMT February 17, 2004 Reply   
USD/CAD as far as a stop goes on longs, I think anything under 1.3070 SHOULD be fine actually. Got resistance @ 1.3120, 1.3140, 1.3180 areas, support at 1.3080

hk ab eur/gbp 0.66 17:35 GMT February 17, 2004 Reply   
london 17:30 GMT February 17, 2004
slv sam / I remortgaged the mother in law a long time ago to short the dollar. however, i'm now thinking about my second cousins twice removed for some extra fire power after i can get the right price for their organs. keep buying the euro and pound. what else can i say to all of you out there losing everyday fighting something you can't beat!


Sometimes, it's just a difference in timeframe.
The first wave is always the most furious.

Indonesia Solo raden_masandi 17:32 GMT February 17, 2004 Reply   
Dallas GEP.
thanks.
you are very good trader. :-)

Barcelona JP 17:32 GMT February 17, 2004 Reply   
Raden

I bought USD/CHF at 1,2264

Dallas GEP 17:32 GMT February 17, 2004 Reply   
At= You are

london 17:30 GMT February 17, 2004 Reply   
slv sam / I remortgaged the mother in law a long time ago to short the dollar. however, i'm now thinking about my second cousins twice removed for some extra fire power after i can get the right price for their organs. keep buying the euro and pound. what else can i say to all of you out there losing everyday fighting something you can't beat!

Barcelona JP 17:30 GMT February 17, 2004 Reply   
Now, USD/CAD ( for me ) is a buy. Just go for 20 pips and then trail.

S/L 1,3044.
The target is 1,3199

Dallas GEP 17:27 GMT February 17, 2004 Reply   
At a very good analyst at that Raden MAS!!!!

Barcelona JP 17:27 GMT February 17, 2004 Reply   
Chambery FR JFB 17:09 GMT February 17, 2004
The firts time at shorted EUR/USD I lost 40 pips.
The second time I got 15 pips.

With CABLE I got 20 pips.

Indonesia Solo raden_masandi 17:27 GMT February 17, 2004 Reply   
I am curious with usd/chf.
smalest cyclic have given buy signal again when at 1.2260.
it's time ?

Lagos Styrax 17:26 GMT February 17, 2004 Reply   
DALLAS gep You're my man anytime. Pip raiding backed with good sense of pattern recognition goes a long way other than targeting 60pip in a row, which when market fling in the contrary could spell doom at times...
keep it up

Indonesia Solo raden_masandi 17:23 GMT February 17, 2004 Reply   
LA BV.
I am not trader, but only analyst.
so I don't trade.

Indonesia Solo raden_masandi 17:22 GMT February 17, 2004 Reply   
Swiss DG.
oh, np for usd/chf.
this move down for usd/chf is making swing to shoot up more far than with no swing.
price is building that scenario.
not thinking for sell. I think to go above 1.23xx today is still objective.

Dallas GEP 17:21 GMT February 17, 2004 Reply   
Ok, for those that aren't aware, I go in and out of possies VERY quickly. The reason I closed my short eur/usd possie at +28 pips is because I thought it might long back up which it did. At times I will lose out on continuations in that I won't get all the move but no one ever does anyway. What I think is important is to be exposed to the market for as small a time slice as possible and don't get greedy trying for 50-60 pip straight line movements because for the most part they DON'T happen. I am NOT particularly good at position trading but IMO you can make more money pip raiding any way. WE all trade differently and my methods probably aren't any better or worse than most. Sense of timimg and LUCK do play a large role however whether any of us care to admit it or not.

GL GT

slv sam 17:21 GMT February 17, 2004 Reply   
london 17:13 /
me too.. do not forget to use your mother in law as a hedge :)

prauge viktor 17:18 GMT February 17, 2004 Reply   
hello Gep:this afternoon there was a tech.analysis on the cnbc and she is very respectebal one she said that the cable is going soon to be 2 or maby more and the usd if is he going in this trend is going out of control and no one can say how deep is going to be.,what u said about that .

Swiss DG 17:17 GMT February 17, 2004 Reply   
Raden,
USD/CHF have just cross 1.2255. Do you stll think that CHF will return above 1.23 today?
Dan

Global-View 17:17 GMT February 17, 2004 Reply   
"a" Please used a recognizable location. TIA

a 17:15 GMT February 17, 2004 Reply   
i used " if " and i find hard to get 20 pips stop on gbp positions so curious about your stop loss strategy.

london cam 17:14 GMT February 17, 2004 Reply   
SanFranciso tg 17:00 GMT February 17, 2004
Congratulations. admirable and well articulated, but for a moment I thought I was in the wrong forum...

london 17:13 GMT February 17, 2004 Reply   
slv sam - sound advice- put everything on, even the wife.

Dallas GEP 17:09 GMT February 17, 2004 Reply   
A, how did you come up with that ratio????

Chambery FR JFB 17:09 GMT February 17, 2004 Reply   
Barcelona JP 16:54 GMT February 17, 2004
I wouldn't dare to say your entries are no good... (I just checked : are you still short euro @1.2824? Where is your s/l?)... Just want to understand why you and others give signals... just don't want to be the dumb a** dumbly following someone else's advice :-) GL GT

LA BV 17:09 GMT February 17, 2004 Reply   
Raden mas. Does that mean you do not trade?

slv sam 17:08 GMT February 17, 2004 Reply   
buy the euro...trust me in other words sell the us$ in any direction. It is amazing how the us$ is still strong when it should have crashed many months ago. get out of us$ and buy anything. if you do not like the euro i suggest you to buy GBP or jyen.GT

Indonesia Solo raden_masandi 17:03 GMT February 17, 2004 Reply   
Barcelona JP.
LOL. you have position, but I am not, so I am objective.
just analysis. :-)

ya..ya. we hope in right wave.

london 17:02 GMT February 17, 2004 Reply   
today's euro and pound highs will be reached and passed.

USA Biscuit Boy 17:01 GMT February 17, 2004 Reply   
Well I don't think there is really any point in trying to guess who the winner will be and I definately wouldn't recommend opening a position at these levels. If I had to guess I would say odds are with dollar bears but not by a big margin. Time will tell.

SanFranciso tg 17:00 GMT February 17, 2004 Reply   
Just a spate of overall commentary regarding current US dollar policy and Greenspan. Enjoy your day folks.

I for one can say with a smile on my face that I have zero need left to read anymore links hyping massive bubbles, economic collapse in the United States, double dip recession is just days away, or any other leftist slanted commentary warning that the sky is falling. There's no doubt we face risks under the current scenario, but the 8 percent GDP in 2003 under Greenspan's helm tells me it might be possible the same liberal "sky is falling" hype mongering might just been a touch off.

Yes, a strong dollar is good for the United States economy, but you cannot simply throw blanket on the concept. Currencies and interest rates are like a gas pedal to the engine of an economy, and simply pushing the title to the floor only guarantees a disaster. We have seen such a disaster, a recession, from the overheated U.S. currency under policy from the prior regime. On the other hand, perpetually weak pressure on the pedal will lead to problems. We do not function under the same structural format as the 1930s Depression-era, and under the conditions entering this century inflation unguarded would have been a gigantic mistake for the economy. So far Greenspan has done a wonderful job of managing what is really important and I see zero indication that he will have trouble managing a shift in dollar and interest rate policy.

The United States is not yet ready to undertake real structural change such as eliminating the IRS as a means to better manage economic function, therefore we are left to use proper and gets a policy, which is what we see today under Alan Greenspan.

The rest is just politically motivated garbage.

Barcelona JP 16:58 GMT February 17, 2004 Reply   
Raden

We are in the right wave

Barcelona JP 16:57 GMT February 17, 2004 Reply   
Posted at 15:55 gmt

Barcelona JP 16:56 GMT February 17, 2004 Reply   
2004
Ther is another play in GBP/USD

Sell it below 1'9039
S/L 1.9100
Target: 1,9002/1,8976/1,8950

Barcelona JP 16:54 GMT February 17, 2004 Reply   
Chambery FR

As you have seen, my entries worked out well.
Didn't they?

phils VL 16:53 GMT February 17, 2004 Reply   
London...

seems same message as Greeny ..but less diplomatic?

london 16:51 GMT February 17, 2004 Reply   
hope everyone who is long dollar is planning to square up. the next leg up is coming for euro and cable. watch out!

Indonesia Solo raden_masandi 16:50 GMT February 17, 2004 Reply   
Barcelona Tony.
LOL, but I think we will see usd up strong soon.
just share ya !

Barcelona Tony 16:44 GMT February 17, 2004 Reply   
hahahahah ... WTF are they trying? to save euro???? LOL ... ok just watch this hour's close ... more or less 20/15 .... and then glu glu

a 16:42 GMT February 17, 2004 Reply   
GEP, Sir, if you loss is 4 times higher than your wins, you are in trouble, what stop loss management you use?keep the good work.

phils VL 16:40 GMT February 17, 2004 Reply   
waiting to short eur/usd again... soon..

USA Biscuit Boy 16:36 GMT February 17, 2004 Reply   
Hi guys. Euro bulls and bears still clashing with no winner. Still waiting waiting waiting.

Chambery FR JFB 16:36 GMT February 17, 2004 Reply   
Dallas GEP 16:08 GMT February 17, 2004
Thx... and congrats :-)

Bucharest Razvan 16:35 GMT February 17, 2004 Reply   
added more cable on the dip towards 1.9..hopefully we'll see over 1.91 tommorow

Indonesia Solo raden_masandi 16:34 GMT February 17, 2004 Reply   
hey friends..
be carefull when touch 1.2260, maybe price move up from there and not give us lower again.
really I like usd/chf for it's signal now.

london 16:34 GMT February 17, 2004 Reply   
no mercy for you euro + gb shorts - no mercy

Dallas GEP 16:33 GMT February 17, 2004 Reply   
JFB, hard to say but out of ten I would guess 7 wins, 2 losses, 1 tie.

phils VL 16:20 GMT February 17, 2004 Reply   
JF agree ... the move up was quite determined, and definitely the comm specs need to convince themselves soon its tough going uphill, better relent and let it get down...

closed my shorts at 15 from 75 (+60) but lost out on eralier heavier shorts (-55)

rgds

Indonesia Solo raden_masandi 16:19 GMT February 17, 2004 Reply   
step by step for usd/chf.
nice.
next step now is from 1.2275 for move up again.

Moscow Hawk 16:18 GMT February 17, 2004 Reply   
1.2850-00 in EUR/USD was met last Friday and all attempts to break it failed so far. As I already pointed while 1.2850-00 limits there is no resumption of uptrend. But currently the risk for the upside break is very high. Intraday EUR/USD looks strong and only move below day’s low will eased pressure upside. So be cautious with dollar longs.

Good luck

HK Kevin 16:17 GMT February 17, 2004 Reply   
warsaw mach 16:08, hello. We also need to allow a top at 1.93. It's really a cat and rat game.

bland mid-mo 16:16 GMT February 17, 2004 Reply   
all positive never lost money on these trade only traded pm before

sarasota jf 16:13 GMT February 17, 2004 Reply   
vl - this may need another day to go lower - it was too obvious as athens pointed out to sell higher - so its hard to go straight down needs to do some work imo

Chambery FR JFB 16:12 GMT February 17, 2004 Reply   
Dallas GEP 16:08 GMT February 17, 2004
Well :-) Just for info, what's your average ratio positive/negative trades? tia :-)

bland mid-mo 16:11 GMT February 17, 2004 Reply   
new to site. new to currency trading.only been bying dollar puts 6 month out every three months. been making lots of money. started when sorras did two years ago. (dollar was at 1.19) always made money. ? any info on when i should change my positions.

phils VL 16:09 GMT February 17, 2004 Reply   
...its a neck to meck with the big EURO fella...and here comes the mighty usd in giant strides... dollar hits the front and shows daylight.... its all over folks bar the shouting....

hehehe

and yahooo... two bundles of BS usd/jpy + interest...bid deal... lol

warsaw mach 16:08 GMT February 17, 2004 Reply   
HK Kevin: 1,80 is an initial target. I'll agree with andy we can see 1,65

Dallas GEP 16:08 GMT February 17, 2004 Reply   
JFB, no worry I will be wrong again soon enough

Oakland Daimyo 16:07 GMT February 17, 2004 Reply   
Good 2 way action in place, We could see move last night taken back. This would not surprise me as I have been saying that large operators are running up prices in order to entice over-anxious specs. 1.8989 level I mentioned last night is key decision point as this will show motives of buyers last night if this level gives from above.

Dallas GEP 16:06 GMT February 17, 2004 Reply   
Out @ +28 pips on GBP/USD short

Indonesia Solo raden_masandi 16:04 GMT February 17, 2004 Reply   
let's go for usd buyers.

beirut jb 16:03 GMT February 17, 2004 Reply   
euro hourly chart reversed to short

HK Kevin 16:02 GMT February 17, 2004 Reply   
lodz andy 15:44 GMT, 1.80 more reliable l/t target of short Cable.

Indonesia Solo raden_masandi 16:00 GMT February 17, 2004 Reply   
Swiss DG
u can use stp at 1.2255 (bid)

Ldn Mvs 16:00 GMT February 17, 2004 Reply   
Looks like their 'door plan' has been blown to bits! - news out yest in Tokyo..(LOL) :

TOKYO — The Defense Agency said Monday it will set up from later this week security doors on the floors housing its core policy sections to check outsiders including journalists.

Although the agency says the step is designed to enhance its security, it has been widely taken by the Japanese media as a move to limit their activities related to coverage of the dispatch of Self-Defense Forces troops to Iraq. (Kyodo News)

hk ab eur/gbp 0.66 15:59 GMT February 17, 2004 Reply   
Jap is being attacked by Terrorist?

Indonesia Solo raden_masandi 15:56 GMT February 17, 2004 Reply   
hk ab.
usd/jpy will wake up to get 106.33 (top?)

atlanta 15:55 GMT February 17, 2004 Reply   
US Snow Says Strong Dollar Is 'Good For America'

Barcelona Tony 15:54 GMT February 17, 2004 Reply   
JUDGEMENT DAY FOR EURO AND POUND ... sell and sleep ... that's what we've waited for ... here we go ..

Chambery FR JFB 15:54 GMT February 17, 2004 Reply   
Dallas GEP 15:36 GMT February 17, 2004
You know what GEP ? It's really not fun anymore to see you being right so often!! lol

GA TJ 15:51 GMT February 17, 2004 Reply   
AlexVA Dennis

Thanks. Somehow missed that one. It will probably be a short lived moved. Over reaction unless you are near the M of D.

Indonesia Solo raden_masandi 15:51 GMT February 17, 2004 Reply   
for eur/usd to hope 1.2691 still valid until now.

Porto PJT 15:50 GMT February 17, 2004 Reply   
Stockholm za 15:46 , apreciatte.gt.

Ldn 15:48 GMT February 17, 2004 Reply   
15.43 Gold Coast - unlikely to be BOJ..........

Chicago Southside 15:46 GMT February 17, 2004 Reply   
Just realized that Snow was speaking. For once his standard rhetoric has not been used as an excuse to press the dollar lower. Obsviously biased due to my position but I think this is significant. I wouldn't have taken much to take out dollar lows if the mkt were that way inclined.

Stockholm za 15:46 GMT February 17, 2004 Reply   
GBP/USD.... at the moment...
19295-19214
19132-19107
19000
18893-18867
18786-18704
84,1 % bullish over todays R
Fibo >> 19033-19002-18977-18952-18916-18819......
fwiw........

AlexVA Dennis 15:45 GMT February 17, 2004 Reply   
GA TJ 15:43 GMT

14:54 USD/JPY: Rumors Of An Explosion Near Japanese Defense Ministry - IFR

Ldn 15:45 GMT February 17, 2004 Reply   
Yen move on news that there hv been two explosions outside Ministry of Defence in Tky reported on Reuters & BBC - don't 4get that Japan hv rather active participation in Iraq hence the danger - no talk of injuries from explosions yet

beirut jb 15:44 GMT February 17, 2004 Reply   
Gold Coast martin 15:09

well dunno how to shoot or fire

lodz andy 15:44 GMT February 17, 2004 Reply   
Jersey CI RJH 15:31

GBP/USD should very soon turn lower and decline towards 1,65.. initially,due to medium term usd index bounce by abt 10%, imho

Gold Coast martin 15:43 GMT February 17, 2004 Reply   
BOJ INTERVENTION......

GA TJ 15:43 GMT February 17, 2004 Reply   
Anyone know what caused the Yen to rise?

Indonesia Solo raden_masandi 15:42 GMT February 17, 2004 Reply   
I suspect dominou effect on usd/chf to get 1.2400 (top).
I like 1.2360 be touched soon.
be carefull !!

Chicago Southside 15:42 GMT February 17, 2004 Reply   
Adding final layer to euro and pound shorts. Lowering stops again.

Nottingham 15:41 GMT February 17, 2004 Reply   
I cannot see how this could happen, as when you trade eurgbp you are trading eurusd and gbpusd with the usd of both squared

hk ab eur/gbp 0.66 15:41 GMT February 17, 2004 Reply   
YEN!!!!!

Yippee....

longed from 105.40

hk ab eur/gbp 0.66 15:38 GMT February 17, 2004 Reply   
tw, I don't mean it occurs often, but it does sometimes.

Swiss DG 15:37 GMT February 17, 2004 Reply   
Raden,
At which level did you place your s/l on USD/CHF ??? tia
Dan

Dallas GEP 15:36 GMT February 17, 2004 Reply   
Shorted POUND 1.9042

Ldn tw 15:35 GMT February 17, 2004 Reply   
Dallas GEP - u and HK must be talking about only a pip or two, momentarily - otherwise arbitrage players would soon move in and correct either Eur/$, Gbp/$ or Eur/Gbp if it was the case

Oakland Daimyo 15:34 GMT February 17, 2004 Reply   
FWIW: I'm finally seeing a divergence between Price and Volume for GBP/USD. This is used as an early warning indicator. Price progress is getting harder and harder for the bulls. Looks like they may be heading for the door. This maybe a temporary setback so I would be careful w/ shorts.

hk ab eur/gbp 0.66 15:34 GMT February 17, 2004 Reply   
Raden, some move on dlr/jpy is coming, do you see that?

Jersey CI RJH 15:31 GMT February 17, 2004 Reply   
Does anybody have a mid to long term view on GBP/USD rate?

Indonesia Solo raden_masandi 15:30 GMT February 17, 2004 Reply   
Hey friends !!
I "see" usd/chf change target not at 1.2314 but 1.2360. please forget 1.2314 ya!!
let's make a date usd/chf there. I wait you there my friends ..
Full confidence , nice buy signal.

Barcelona JP 15:28 GMT February 17, 2004 Reply   
Ther is another play in GBP/USD

Sell it below 1'9039
S/L 1.9100
Target: 1,9002/1,8976/1,8950

hk ab eur/gbp 0.66 15:28 GMT February 17, 2004 Reply   
Those 8x,xxx spect contracts on short dlr/jpy have troubles now.

Dallas GEP 15:27 GMT February 17, 2004 Reply   
TW, it is possible, it happens frequently.

Dallas GEP 15:26 GMT February 17, 2004 Reply   
AB, Ain't that something RE: Eur/gbp.

Ldn tw 15:26 GMT February 17, 2004 Reply   
HK ab - sorry your description is mathematically impossible - If Eur/$ is higher and cable is unmoved - Eur/Gbp MUST be higher !

Nottingham 15:25 GMT February 17, 2004 Reply   
Barcelona JP 15:23 GMT

Dodge press conf in 20 mins...I think if euro dipping then worth buying any usdcad dip on dodge...cad always gets it in the neck sooner or later on broad usd strength...gl gt

Barcelona JP 15:23 GMT February 17, 2004 Reply   
USD/CAD is a buy at 1,3099

Swiss DG 15:23 GMT February 17, 2004 Reply   
Hi Raden,
You are back! Will follow your feeling about USD/CHF. Waiting for 1.23..
Dan

Barcelona JP 15:22 GMT February 17, 2004 Reply   
Raden

I see we agree.

Porto PJT 15:20 GMT February 17, 2004 Reply   
Anyone have tech levels on gbp?tia.

Indonesia Solo raden_masandi 15:17 GMT February 17, 2004 Reply   
I like usd/chf in this situation.
nice buy signal. Usually give reaction so far.
I think form here will move up ( 1.2265)

Barcelona JP 15:17 GMT February 17, 2004 Reply   
S/L is up to you.
Target: +70 pips

Barcelona JP 15:15 GMT February 17, 2004 Reply   
USD/CHF is a buy at 1,2264.

Just wait for it to go below 1,2264 and then return to it.

hk ab eur/gbp 0.66 15:15 GMT February 17, 2004 Reply   
GEP, now I understand your meaning on "strange" movement relationship between eur/gbp, eur and gbp....

v. strange indeed.

eur up, gbp stay, eurgbp down.

Barcelona JP 15:13 GMT February 17, 2004 Reply   
It's mine.

GA TJ 15:13 GMT February 17, 2004 Reply   
Well, Euro and Swissy trying to pull back. Cable and GBPJPY holding tight while techs reload. I am still thinking that it is BOD for Euro and SOR for Swissiy. If Cable or GBPJPY is nice enough to give a lower entry I will probably take it. Still holding out for 1.9000 area Cable and 2.0000 for GBPJPY.

Chambery FR JFB 15:10 GMT February 17, 2004 Reply   
thx... but: is it a system of yours? can't find any high/low or t/l that goes thru that number... and I have a low of 1.2814 right in the middle of US data...(14:00gmt) Wouldn't it trigger the sell option? thanks again :-)

Gold Coast martin 15:09 GMT February 17, 2004 Reply   
to BEIRUT.......STICK TO FIRE EXCHANGE MAN...NOT FOREX EXCHANGE....

Barcelona JP 15:03 GMT February 17, 2004 Reply   
Chambery

Pivot point system

Indonesia Solo raden_masandi 15:02 GMT February 17, 2004 Reply   
hey friends !!
I look usd/chf now is the tiome for move up to get 1.2314.
nice for buy now (1.2265)
let's go !!

hk ab eur/gbp 0.66 15:02 GMT February 17, 2004 Reply   
so they are cut now.

Barcelona JP 15:01 GMT February 17, 2004 Reply   
[14:54 USD/JPY: Rumors Of An Explosion Near Japanese Defense Ministry] London,
February 17: Rumors are circulating out of U.S that there has been an explosion
near the defense ministry in Japan.
USD/JPY has made a fresh session high at 105.70. Japanese exporter offers are
reported at 106.00 - 106.20, which are likely to provide some near term
resistance.

beirut jb 15:00 GMT February 17, 2004 Reply   
Swiss DG 14:53

sell here , add more 12890~, stop all 12930

it's likely ranging here
need to clear 12820 and 128 to go south

Gen dk 15:00 GMT February 17, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Deauville Nico 14:59 GMT February 17, 2004 Reply   
euro bulls did not say their last word! the bottom has been touched IMO, a go long again , to add around 1.2800 if seen

Chambery FR JFB 14:57 GMT February 17, 2004 Reply   
Barcelona JP 14:29 GMT February 17, 2004
"EUR/USD is a short at 1,2824" May I ask what this number represents plz? TIA

Nottingham 14:54 GMT February 17, 2004 Reply   
option expiries at 1500...cad 1.31 euro 1.28/1.2850...sometimes act like magnets, we shall see...after cut off hopefully get a sustained move up or down

Swiss DG 14:53 GMT February 17, 2004 Reply   
Anyone have comments about eur/usd. Long or short?

Chicago Southside 14:51 GMT February 17, 2004 Reply   
Okay. Adding to my euro and pound shorts here and lowering my stop.

sarasota jf 14:45 GMT February 17, 2004 Reply   
ml i cudnt believe the gift at 1.8820/25 yesterday - nthg yet

ICT ML 14:43 GMT February 17, 2004 Reply   
JF..Red Baron have any gbp orders I would be interested in?

SA Bok 14:40 GMT February 17, 2004 Reply   
sarasota jf 14:31 - Appreciate ... GL all

Sydney Alimin 14:39 GMT February 17, 2004 Reply   
strong down u mean?

Barcelona JP 14:34 GMT February 17, 2004 Reply   
Sydney

well, they look strong.

Barcelona Tony 14:33 GMT February 17, 2004 Reply   
so, what is everyone waiting to short the euro? wow .. looks really good selling here GT GL

beirut jb 14:32 GMT February 17, 2004 Reply   
here the plan:

euro need to break 129, untill there any failure is good sell entry,

to reverse to short euro need to close below 12578 on daily basis,

so untlill either break, ranging likely

GL GT

Sydney Alimin 14:31 GMT February 17, 2004 Reply   
here we go

sarasota jf 14:31 GMT February 17, 2004 Reply   
bok - theres official and semi official names offering and some middle east people sold for profit taking purposes - also some usdcad stops a little higher

Livingston nh 14:30 GMT February 17, 2004 Reply   
Most of the strength in IP and Cap util were a result of high utilities output from cold weather - Dec figs revised downward (capacity utilization under expectations)

Barcelona JP 14:29 GMT February 17, 2004 Reply   
The high of GBP/USD today was 1,9088. It hit 1,9000.
But EUR/USD couldn't do the same with 1,2900.

So, honestly, I think both are going down. That's way a say EUR/USD is a short at 1,2824 and Cable at 1,8959.

Sydney Alimin 14:26 GMT February 17, 2004 Reply   
alrite next data, bring it on!

Chicago 14:24 GMT February 17, 2004 Reply   
IMM FX futures are VERY choppy. A lot of indecision and many fingers getting burned.

SA Bok 14:23 GMT February 17, 2004 Reply   
JF any idea who was behind the move down ? TIA

Sydney Alimin 14:23 GMT February 17, 2004 Reply   
soon i will have a heart attack with this roller coaster action :)

Bucharest Razvan 14:21 GMT February 17, 2004 Reply   
"Custom direct port nitrous system"... dangerous weapon.. I pity his opponents..

Neah.. not really.. SMOKE'EM :)

hk ab eur/gbp 0.66 14:19 GMT February 17, 2004 Reply   
Note who is behind the wind is more important.

AlexVA Dennis 14:18 GMT February 17, 2004 Reply   
Sorry mistyped +0.8 with solid Cap Utilization as well. Now EURUSD rallies on good US data as well. :)

GA TJ 14:18 GMT February 17, 2004 Reply   
SOAB! Don't think I am going to get my Entries. Will reevaluate buying the break if it happens on EURO and Cable

Toronto The NewOne 14:18 GMT February 17, 2004 Reply   
what the @#% is going on ? down/up is there a reason?

Barcelona JP 14:18 GMT February 17, 2004 Reply   
I still think EUR/USD and GBP/USD will lose at least 50 pips today, but with data out they show that their trend is powerful. So we must take care

Indonesia Solo raden_masandi 14:17 GMT February 17, 2004 Reply   
seen usd/chf only get 1.2248 before get 1.2314

Deauville Nico 14:17 GMT February 17, 2004 Reply   
Waooo! wind change of direction again!

AlexVA Dennis 14:16 GMT February 17, 2004 Reply   
+0.9

hk ab eur/gbp 0.66 14:16 GMT February 17, 2004 Reply   
The emotional selling of USD is getting weaker and weaker....

Belgrade Knez 14:16 GMT February 17, 2004 Reply   
0.8

Nottingham 14:16 GMT February 17, 2004 Reply   
cad...dodge speaks at 2:30gmt and press conf at 3:40gmt...anything he says may move cad...recently he has resigned himself to fact that living in a world were cad is strong, so any reiteration of that might give cad a shot in arm; but if against underlying dollar trend then use dip to buy, though realistically still way off oversold territory...gl gt

SA Bok 14:16 GMT February 17, 2004 Reply   
Early March Option is said to expire ... I have heard

GA TJ 14:15 GMT February 17, 2004 Reply   
Interesting to note that Euro hit the brakes at the 50 fib of the overnight move right before the next data release. This should be interesting.

Dallas GEP 14:15 GMT February 17, 2004 Reply   
Razvan, heads are being finished soon, motor not in yet. Custom direct port nitrous system is finished though.

ON currency side, whippy, whippy!!!!

SA Bok 14:15 GMT February 17, 2004 Reply   
GBP at 10 year highs 15 September 1992 ...

slv sam 14:15 GMT February 17, 2004 Reply   
hehehe..

Bucharest Razvan 14:15 GMT February 17, 2004 Reply   
if 1.29 option protection is real, does anyone have an expiry on that?

Chicago 14:14 GMT February 17, 2004 Reply   
Southside: I'm not gonna touch cable. Got burnt overnight. I want to see it close below 1.9000 followed by a down day, then I'll think about it!

saloniko 2004 nk 14:14 GMT February 17, 2004 Reply   
Raden..

Still the cat is in the hat..



nk


Dallas GEP 14:12 GMT February 17, 2004 Reply   
Well here's one of those "what do you beleive?" scenarios so I think a sell on rallies to 1.2850 on Euro is good strategy. The pound may never short again!!!! LOL USD/CAD is an excellent buy from 1.3085 up maybe even 1.3100. Eur/gbp is going to be going short with the above scenarios. USD/JPY is useless as a money maker for all intents and purposes. USD/CHF is a buy from 1.2200 and so forth.

Bucharest Razvan 14:12 GMT February 17, 2004 Reply   
Re cable, I'm also long and looking for 1.90 to hold.. will add there if it prints. IMHO I wouldn't short cable unless someone wants to buy it at 1.21... ;)

GEP, how are your son's car preps going? New engine in already?

hk ab eur/gbp 0.66 14:10 GMT February 17, 2004 Reply   
look how trendy this eur/gbp dive is.....

Indonesia Solo raden_masandi 14:08 GMT February 17, 2004 Reply   
hello !!
seen usd/chf change target not at 1.2296 but 1.2314

SA Bok 14:07 GMT February 17, 2004 Reply   
There EURUSD seems same seller selling again hard to protect 1.2300-1.2900 DNT Option ...

Tartu kuues 14:07 GMT February 17, 2004 Reply   
U.S. Ind. Prod. in 10 min wil tell us eur is sell or not

GA TJ 14:06 GMT February 17, 2004 Reply   
Will also consider adding to GBPJPY Long in the 2.000 area.

GA TJ 14:04 GMT February 17, 2004 Reply   
ICT ML

Aggree on the Cable 1.9000. Also looking to get long euro in the 1.2790 range if it gets there.

beirut jb 14:03 GMT February 17, 2004 Reply   
euro 15 min is short,

next supp 128 , 127.50

Chicago Southside 14:03 GMT February 17, 2004 Reply   
Okay. The fun starts now. Sell euro and pound on upticks. Looking for a steep correction by end of this week. Objectives were met this morning on the pound both in time and price. GL all.

Spotforex NY 14:02 GMT February 17, 2004 Reply   
nice and timely post raden......

slv sam 14:01 GMT February 17, 2004 Reply   
buy euro...it is an opportunity.GT

ICT ML 14:01 GMT February 17, 2004 Reply   
fwiw, cable up move for my 2.1XXX is intact, with 1.8990-1.9000 being the next BOD area, and immediate support that needs to hold to keep it alive...ditto fro gbp/jpy...200.00 area is now the support to keep this train rolling.....

Eur/GBP at .6600 is next IMHO

GENEVA FHR 14:00 GMT February 17, 2004 Reply   
75bn

Riga Nick 13:59 GMT February 17, 2004 Reply   
I think to make some buy entry on GBPUSD at 1.9010 with stop at 1.8980.

AlexVA Dennis 13:58 GMT February 17, 2004 Reply   
Dealers Eye U.S TIC Portfolio Flows Rprt At 14:00 GMT - looks like people are really stretching to find any tiny negative to justify further long positions vs. USD.

Porto PJT 13:58 GMT February 17, 2004 Reply   
Nottingham 13:50 GMT, yes, i have found that number already, thank you.

Chicago Southside 13:54 GMT February 17, 2004 Reply   
Looks like euro and pound are topping here. A lot of energy but failing to move any higher.

Deauville Nico 13:52 GMT February 17, 2004 Reply   
I'm not buying dollars man!

Porto PJT 13:51 GMT February 17, 2004 Reply   
Nottingham 13:47 GMT , thank you, lets see, euro very near 1,29 to dont test it, so only a very good number on inflows could change market direction, imo, good trades.

Nottingham 13:50 GMT February 17, 2004 Reply   
that was $86.7 not 6.7

Indonesia Solo raden_masandi 13:48 GMT February 17, 2004 Reply   
hello..
I get the conclusion usd/chf will get 1.2296
now have given buy signal.
buy !!

Nottingham 13:47 GMT February 17, 2004 Reply   
Porto PJT 13:39 GMT

I don't think you can possibly forecast the number accurately, but rumoured to see negative flows so any surprise inflow should be taken as a +ve for usd...certainly Novembers surprise $6.7bn was very dollar +ve...gl gt

Dallas GEP 13:46 GMT February 17, 2004 Reply   
TJ, it did have a very brief dip on Euro to 1.2849 so it did have a very short lived effect it seems.

Buenos Aires Argenfx 13:46 GMT February 17, 2004 Reply   
To B.A. Boca: Ok, friend, I will do it.

B.A. BOCA 13:44 GMT February 17, 2004 Reply   
argenfx/ ask Jay, I dont think we are allowed to post it in this forum.....but glad to exchange ideas...

GA TJ 13:43 GMT February 17, 2004 Reply   
Dallas GEP 13:36 GMT February 17, 2004
Empire data had no effect. Seems strange.

When I used to trade the Soybean complex at the BOT I never really put much emphasis on the reports but instead paid very close attention to the reaction to the reports. Although this may seem strange there is probably a subtle clue as to what the market wants to do. Euro Up. Remember a few months ago when the the numbers came out sttrong and the Euro still rallied. Could be the same effect. The market will print 1.30 at some point. Kinda like a moth to a flame. The attraction to that number which has been mentioned in many circles for a long time will be tested.

prauge viktor 13:40 GMT February 17, 2004 Reply   
hello Gep,yes it is strange it seems to be that the eur must go higher as mr Trichet want.

Porto PJT 13:39 GMT February 17, 2004 Reply   
Nottingham 13:36 , thx, what will be a good inflow number in your perspective?

Livingston nh 13:39 GMT February 17, 2004 Reply   
Nottingham - too much time on my hands w/equities closed yesterday -- IMHO China is the sponge and it will be interesting if they squeeze when interest rates in US rise - G'span has his productivity myth but we'll see how that fares when rates rise

Ldn pm 13:38 GMT February 17, 2004 Reply   
Market appears to still have its blinkers on - only interested in Eur/$ upside ! I am not going to get sucked in though - I think a lot lower later, but from where, thats the big question.

Toronto The NewOne 13:37 GMT February 17, 2004 Reply   
at 9:15 est - Industrial Production
consensus is better than previous (0.7% versus 0.1%)
data might be even better (0.9%)

Sydney Alimin 13:37 GMT February 17, 2004 Reply   
lagging maybe?

Buenos Aires Argenfx 13:37 GMT February 17, 2004 Reply   
To B.A. Boca: I´m looking to sell Eur near 1.2975, friend, not before. Can you send me your e-mail address ? Gracias.

Dallas GEP 13:36 GMT February 17, 2004 Reply   
Empire data had no effect. Seems strange.

Nottingham 13:36 GMT February 17, 2004 Reply   
Porto PJT 13:33 GMT

US Dec portfolio flows data due at top of hour...think that will move market...number rumoured to be negative fwiw think that stems from dec trade figs...seems logical but many other factors can affect the flows...gl gt

Toronto The NewOne 13:34 GMT February 17, 2004 Reply   
USD fell though !!!

B.A. BOCA 13:33 GMT February 17, 2004 Reply   
argenfx/ sell euro? why? too early from my point of view...(for more than 50-100 pips)

Porto PJT 13:33 GMT February 17, 2004 Reply   
Seams market dont like the idea of buying usd whatever the numbers will be.

Toronto The NewOne 13:33 GMT February 17, 2004 Reply   
consensus for Empire was 36.4

Belgrade Knez 13:31 GMT February 17, 2004 Reply   


42.1

Toronto The NewOne 13:31 GMT February 17, 2004 Reply   
today's important data is actually this:

08:30 est - NY Empire State Index

09:15 - Industrial Production

09:15 - Capacity Utilization

Dallas GEP 13:31 GMT February 17, 2004 Reply   
MUCH BETTER TAN EXPECTED Euro should short

Dallas GEP 13:30 GMT February 17, 2004 Reply   
Empire 42!!!!

Deauville Nico 13:27 GMT February 17, 2004 Reply   
I'm confused! actually the FED indice went out 25 minutes ago! I would still be waiting for it if you did'nt ask the question (!)
There is still the industrial productivity in 1 hour!
So forget about my smoky strategy and I might close my long trade actually!
GT

Gold Coast martin 13:25 GMT February 17, 2004 Reply   
i thought they only exchanged fire in BEIRUT....NOT FOREX!!!..........JUST A LIGHT JOKKE AS WE PREPARE FOR THE STORM TO COME.....

Belgrade Knez 13:25 GMT February 17, 2004 Reply   
Data:
Feb. NY Fed Manuf. Index at 13:30 GMT
previous 39.2

Leicester OR 13:22 GMT February 17, 2004 Reply   
US data at what time?

Toronto The NewOne 13:22 GMT February 17, 2004 Reply   
Nico - what data?

beirut jb 13:20 GMT February 17, 2004 Reply   
hi traders

Deauville Nico 13:12 GMT February 17, 2004 Reply   
right, there is my lastest smoky strategy...
I set a sell order on eur/usd at 1.2850 ready to cancel if reached BEFORE the us datas, if not then this order will stop my long trade from 1.2860 (good datas) and an other sell order is waiting at 1.2845 target 1.2820....
If the datas boost the trend, target remains at 1.2890
May the trend be with you all.

Texas(Jksn.) PNB 13:12 GMT February 17, 2004 Reply   
Only moves have been in beast and usd/cad? all els dying or what?
shall take a posn. in eur/jpy in some 3-4 hours,let's see
TIA:-)

Texas(Jksn.) PNB 13:12 GMT February 17, 2004 Reply   
Only moves have been in beast and usd/cad? all els dying or what?
shall take a posn. in eur/jpy in some 3-4 hours,let's see
TIA:-)

Nottingham 13:11 GMT February 17, 2004 Reply   
Livingston nh 13:04 GMT

I'm wondering how much effect repatriation might have (given dec year end)...maybe not from the japanese since historically (though not always evidently) takes place now/March, but certainly Europe could tip balance...gl gt

Nottingham 13:07 GMT February 17, 2004 Reply   
Livingston nh 12:55 GMT

yes you're right, was alerting to fact that flows data imo of greater importance, not that all released at once...but my wording let me down!!!

Livingston nh 13:04 GMT February 17, 2004 Reply   
Nottingham - seemed to be some recycling of USD into treasuries and equities - in December there were no large coupons paid so I'm leaning to the year-end flows being neutral to up

At the risk of being boorish I repeat that the trade deficit does not need to be supported by "X" number of dollars monthly as long as US debt is paid in USD - reserve currency is different (of course, price of credit may rise and domestic inflation may tick up)

Gold Coast martin 13:03 GMT February 17, 2004 Reply   
My indicators point to a EUR/USD retracemenrt back to 12650-55 range and the AUD/USD BACK TO .7890 RANGE

Belgrade Knez 13:02 GMT February 17, 2004 Reply   

How important is Feb. NY Fed Manuf. Index due at 13:30 GMT?
Thanks.

chicago cal 12:59 GMT February 17, 2004 Reply   
if they in fact do intervene at 1.2900 then the market will lunge downward from there

gl,gt

Toronto The NewOne 12:58 GMT February 17, 2004 Reply   
I think (according to my system) the Market will be now quite flat for about 2 -3 hours anyway...

Saudi Arabia Gamber 12:57 GMT February 17, 2004 Reply   
what do u think of the US openning today? people there were in holiday yesterday.
I think they will buy eur as an effect of Trichet testimoney.
or the data will make a difference?

To The NewOne 12:56 GMT February 17, 2004 Reply   
Morning. Just got here and heard this somehwere: "The rumors are that ECB will come on the market with intervention at about 1.29 level".
Can anyone translate that in english?...What does it mean and what would the effect be?...
Thanks,
The NewOne

Livingston nh 12:55 GMT February 17, 2004 Reply   
Industrial Production numbers aren't due until 14:15 GMT

Stockholm za 12:52 GMT February 17, 2004 Reply   
CHF/JPY ... Hourly Spectrum At the moment...
8632=>8641=>8654=>8671
8604- S1
8592- S2
8583- S3
8573- S4
8560- S5
8543- S6

ema [ 8+21+55 ] = 30 min Piprade..
Happy trades .........


Nottingham 12:49 GMT February 17, 2004 Reply   
aside from empire state and indus cap figs, at 14gmt US december net flows released...since trade deficit increased it is not inconceivable for flows to have reversed (november was inflow of $86.7bn)...if so, this could be a big dollar negative as massive inflows are being relied upon to support the huge deficit...gl gt

Deauville Nico 12:49 GMT February 17, 2004 Reply   
meant 13:30 :p

Deauville Nico 12:48 GMT February 17, 2004 Reply   
I think the market is waiting for a pretext (us datas) to head either north or south. So if there is a " Big One", that would be after 15:30 Gmt IMO

Brazil,Sal JH 12:36 GMT February 17, 2004 Reply   
I signed up for a music site last night now I have Tony Joe White playing that's cool I have heard him in years :-)

Tokyo Jon 12:35 GMT February 17, 2004 Reply   
Oakland Daimyo 09:25, what a busy schedule, will be around next month to chat. Keep the studies going, always good to learn.

HK [email protected] 12:34 GMT February 17, 2004 Reply   
read after condensing the blanks
http://www.live3 6 5.com/cgi-bin/directory.cgi

GVI john 12:33 GMT February 17, 2004 Reply   
This report is posted twice Daily on GVI. For information on how you can access GVI, contact [email protected]
STRATEGY SESSION --New York Open
Opening Levels:
eur/$ 1.2865…$/yen 105.55
DJIA +51 pts… 10-yr 4.03%, -1 bp
PERSONAL OPINIONS:
For a broad range of opening levels click on GVI’s “Market Snapshot”:
CLICK HERE
ECB President sent mixed messages on the euro in testimony yesterday, but a lack of concern about its overall strength seemed to be the one that got through. I also was interested to hear him say that the ECB’s governing council would call the shots on forex intervention, not the Finance Ministers. This has always been something of a grey area in Europe for me. The German ZEW index fell 3 points to 69.9 in February. A level of 71.1 had been expected.

We are seeing no reports of Bank of Japan intervention today. The fact that it has been holding here at the 105.50 level is very suspicious, despite the reports of avian bird flu in some chickens in southern Japan. Japanese 4Q03 GDP is due out early Wednesday. It is seen rising a robust +4.9% in the quarter after advancing at an annualized rate of only just above 1.0% in 3Q03.

Comments made by Reserve Bank Deputy Governor Glen Stevens indicated that the current settings of official interest rates remain supportive of the Australian economy. Stevens also said that a “neutral level” for interest rates is between 5.00% and 6.50% The Cash Rate is now set at 5.25%. This leaves the bank with ample room to tighten policy from here, but I think the central bank is in a “wait and see” posture at the moment on the economy. The Aussie$ has plenty of more upside in it. Note that gold and oil prices are on the rise again.

CALENDAR
TUESDAY, FEBRUARY 17, 2004
13:30 GMT- US- Feb Empire State manufacturing Index: vs. 39.2 in Jan
14:15 GMT- US- Jan Industrial Production: vs. +0.1% in Dec, see +0.9%
14:15 GMT- US- Jan Capacity Utilization: vs. 75.8% in Dec, see 76.5%

WEDNESDAY, FEBRUARY 18, 2004
23:30 GMT- AUS- Leading Economic Index
23:30 GMT- JPN- 4Q03 GDP, vs. +1.9%
09:30 GMT- UK- Minutes of Feb 4-5 Bank of England MPC meeting
11:00 GMT- EUR- Dec Industrial Output: vs. +0.1% in Nov
12:00 GMT- US- MBA Refinancing Index
13:30 GMT- CDA- December International Securities Transactions
13:30 GMT- CDA- December Leading Indicators
13:30 GMT- US- Jan Housing Starts: vs. 2.088 mln units in Dec, see 1.995 mln

14:30 GMT- US- API/DOE Weekly Energy Inventories

THURSDAY FEBRUARY 19, 2004
AUS- RBA Monthly Bulletin
07:00 GMT- GER- 4Q03 preliminary GDP: vs. +0.2%, -0.2% in 3Q03
07:00 GMT- GER- Jan Producer Prices (date approx): vs. 0.0% in Dec
09:30 GMT- UK- Jan Retail Sales Volume: vs. +0.4% in Dec
CDA- Bank of Canada Monthly Report
13:30 GMT- US- Weekly Jobless Claims

FRIDAY, FEBRUARY 20, 2004
07:00 GMT- GER- January Final COL
07:45 GMT- FRA- 4Q03 GDP, vs. +0.3%
12:00 GMT- CAD- January CPI, vs. +0.1%
13:30 GMT- US- January CPI
13:30 GMT- US- Real Earnings

HK [email protected] 12:32 GMT February 17, 2004 Reply   
I see some like to listen to music.

O.K I think for many of you it is not any new ,but for those who like free music or for a small monthly fee the next is the greatest site on earth.

http://www.live3censored/cgi-bin/directory.cgi

ham cla 12:31 GMT February 17, 2004 Reply   
Jay, can you put this link in the GVI forum for

Mtl Jp please?

http://www.rbnz.govt.nz/statistics/exandint/b1/data.html

TIA

Deauville Nico 12:30 GMT February 17, 2004 Reply   
B.A. BOCA 12:20 GMT February 17, 2004

I think so, looks like it is filling the tank before taking the highway
I've finally changed my stop from 1.2855 to 1.2845 from long entry at 1.2860

Dallas GEP 12:30 GMT February 17, 2004 Reply   
Wonder if the MOF ever feels like Custer trying to hold off thousands of Indians at Little Big Horn with no relief in sight??????? LOL

Dallas GEP 12:30 GMT February 17, 2004 Reply   
Wonder if the MOF ever feels like Custer trying to hold off thousands of Indians at Little Big Horn with no relief in sight??????? LOL

Tokyo Jon 12:29 GMT February 17, 2004 Reply   
gbpjpy, is making approach to may initial target, but facing resistance at 201.30

once it pulls back to 200.80 place another buy to target 201.80

GVI Jay 12:27 GMT February 17, 2004 Reply   

ONLY 4 DAYS LEFT TO SIGN UP

"LEARN TO DESIGN YOUR OWN TRADING SYSTEMS"


Date: February 21 (alternate dates available)
Time: 14:00 - 15:30 GMT
Cost $50usd per attendee

Place: Online at Global View.com (this is an online class that will be accessed via our website)

Learn from an expert in one and a half hours that which on your own could cost you years of hard experience and many thousands of dollars. Avoid "if only I had known".. Essential Knowledge to enhance your chances of trading success. To sign up, CLICK HERE

Sydney Alimin 12:26 GMT February 17, 2004 Reply   
i believe 1.2850 is important here

singapore sniper 12:26 GMT February 17, 2004 Reply   
EURGBP broke below 0.6750, indeed bearish for 0.6680 in the next few days. ie GBPUSD wil remain firm towards 1.9130.
As for EUR, will test min obj 1.2940

Buenos Aires Argenfx 12:26 GMT February 17, 2004 Reply   
To BA Boca: Hola,amigo...which level are you considering to sell Eur ? Gracias.

Sydney Alimin 12:25 GMT February 17, 2004 Reply   
sell sell sell eur/usd

B.A. BOCA 12:20 GMT February 17, 2004 Reply   
good day all, happy to watch things go up.

be carefull euro shorters, looks like market is positioning itself for a break of 1.29...lot more short interest than last time.

for a clue into the final break of cable i would watch gbpjpy...so far no signs of letting down, could see 205 soon.

GL and think m/t !

Dallas GEP 12:16 GMT February 17, 2004 Reply   
Bok, I agree. I guess you become more aware of it when price pips up. Hi Tony. Thnaks for link.

Tokyo Jon 12:16 GMT February 17, 2004 Reply   
hiya

Sydney Alimin 12:14 GMT February 17, 2004 Reply   
usd/jpy looks interesting, one more spike maybe?

SA getFX 12:13 GMT February 17, 2004 Reply   
R% = R5

SA Bok 12:13 GMT February 17, 2004 Reply   
Dallas GEP 12:00 Think he has been only buyer all day ... 106.00 printed earlier ... now he is the 50 bid in my book ..
IMVHO

SA getFX 12:12 GMT February 17, 2004 Reply   
Manama MT 12:08 GMT > Well, who knows, but, yes, R% is normally an extreme level, seldom attained during average trading days. Cable was slower to reach R5, which makes one think that the prices are being traded to those levels... However, these are critical times in FX, IMHO

ham clau 12:12 GMT February 17, 2004 Reply   
for Mtl JP:

http://www.rbnz.govt.nz/statistics/exandint/b1/data.html

Manama MT 12:08 GMT February 17, 2004 Reply   
SA
does this means both cable and euro might go down from here ?

Nottingham 12:08 GMT February 17, 2004 Reply   
Cable 1st o/b 1.9082 2nd 1.9140
Euro.............1.2982.......1.3045

with that in mind (euro levels) it is poss that cable can take out 2nd o/b levels as it did last week...taking out 2nd o/b is rare but on the occasions it does, it can overshoot between 5-100 pips...however selling between 1st and 2nd o/b each day has ultimately always lead to profit 24-48 hours max......gl gt

Indonesia Solo raden_masandi 12:06 GMT February 17, 2004 Reply   
Sydney Alimin.
you are right. better avoid trade Indonesian Rupiah this year.
not good caused by uncertain election. bad.

Barcelona Tony 12:00 GMT February 17, 2004 Reply   
morning GEP, how are you today? ... btw off topic listen to club977.com for great 80's music! it really relaxes while watching her highness climb again !!!

Dallas GEP 12:00 GMT February 17, 2004 Reply   
MOF just now is twitching and buying a little usd/jpy

SA getFX 12:00 GMT February 17, 2004 Reply   
Both Euro & Sterling have touched their R5 levels (1.2876/1.9080) - FWIW

Nottingham 11:59 GMT February 17, 2004 Reply   
Wellington am 11:52 GMT

Tricky that as aud currently o/b only against usd and jpy...nzd o/b against nothing but close against usd and jpy...with jpy always threat of intervention...best bet may be cad but both crosses still a bit to go before even o/b level 1...gl gt

Dallas GEP 11:57 GMT February 17, 2004 Reply   
Those original little Mini-Coopers are just getting more and more expensive now!!!

Wellington am 11:52 GMT February 17, 2004 Reply   
Thx. Alimin

I'm looking to short Kiwi/Aus at some point, but not comfortably sure what against. Don't like the idea of just an NZD/USD short.

Sydney Alimin 11:50 GMT February 17, 2004 Reply   
forget about buying indo's rupiah, general election is coming soon for them and it is very uncertain...could be a bloody election

Dallas GEP 11:50 GMT February 17, 2004 Reply   
Yeah OMIL Can't stand for a a party to go on without me!!!! Looks like the English boys want them POUNDS back REAL bad!!!!

HK [email protected] 11:48 GMT February 17, 2004 Reply   
A cross above 1.2893 can trigger a stop loss + another stop loss triggered above 1.2908 sending prices direct to 1.30++.

Wellington am 11:48 GMT February 17, 2004 Reply   
Anyone trading/watching other Asian currencies other than Yen? i.e. Indo, Thai etc. I noticed the Indo Rupia was tracking the USD quite closely. This would have to be a buy at some point?

Indonesia Solo raden_masandi 11:37 GMT February 17, 2004 Reply   
be hold gbp/usd sell at nice number 1.8888 (bottom)

Athens 11:36 GMT February 17, 2004 Reply   
For those trading cable, I have a resistance at 1.9055-60, next 1.9105 and 1.9180-95.

NK, I replied on the PF.

melbourne farmacia 11:36 GMT February 17, 2004 Reply   
OMIL - cheers, had a nice 850 pip ride and target now done.
Should be interesting now.

Melbourne Qindex 11:34 GMT February 17, 2004 Reply   
Melbourne Qindex 11:34 GMT February 17, 2004
USD/CHF : 3-Day Cycle Quantised Levels

... 1.2147 // 1.2250* - 1.2353* - 1.2457* // ... 1.2664 ...

The mid-point reference of 1.2147 - 1.2250 is 1.2198.

phils VL 11:32 GMT February 17, 2004 Reply   
this move up is like a tread-mill... lets see if it can pass stage 3...lol

Deauville Nico 11:32 GMT February 17, 2004 Reply   
For those who choose to go long on euro, put your stop at 1.2855 instead of 1.2845, a return on this level will smell burt bacon!

Miami OMIL 11:31 GMT February 17, 2004 Reply   
Welcome to the party GEP. (/;->

Indonesia Solo raden_masandi 11:29 GMT February 17, 2004 Reply   
big sharks gbp/usd sellers.. come on !!

Dallas GEP 11:29 GMT February 17, 2004 Reply   
Longed some more usd/cad at 1.3084. HAd thought that this level might be touched when original long was taken as I posted.

phils VL 11:28 GMT February 17, 2004 Reply   
eur/usd - stopped out at 66. shorted again at 75, s/l abv 1.2910

saloniko 2004 nk 11:24 GMT February 17, 2004 Reply   
Athens Good Morning..


Do u trade stocks in Greece?

nk

Deauville Nico 11:24 GMT February 17, 2004 Reply   
Athens 11:18 GMT February 17, 2004

I noticed that what is obvious has often a few chance to happen....

Miami OMIL 11:24 GMT February 17, 2004 Reply   
Hello Farmacia good to see your comments hope you cashed in your chips in time to see the fight. (/;->

Riga Nick 11:22 GMT February 17, 2004 Reply   
raden_masandi
Thanks for your answer. Just tryed to understand where from you take those levels with such attractive R/R ratio.
Thanks again.

Miami OMIL 11:22 GMT February 17, 2004 Reply   
Like you said Athens better to stay on the side line with popcorn and see the elephants clash. (/;->

melbourne farmacia 11:21 GMT February 17, 2004 Reply   
Fwiw - Covered the rest of Gbp/Usd longs just under my 1.9053 target. Sitting on my hands now . GT

Athens 11:18 GMT February 17, 2004 Reply   
The "obvious" trade is to sell 1.2870 with stop above 1.2895. It might work again but I am not interested in it despite the interesting R/R. Much too "obvious" to like it...

Indonesia Solo raden_masandi 11:16 GMT February 17, 2004 Reply   
Riga Nick.
If I see 5 minutes chart, I can not found that wave.
special for gbp/usd. I will be happy if be finished at 1.9058 soon.Plan to sell there.

Indonesia Solo raden_masandi 11:09 GMT February 17, 2004 Reply   
Gold
Buy/Sell ;Location;Profit target;Stop loss
Sell 414.00 404.00 419.00
Buy 404.20 409.00 403.50
Buy 400.00 406.50 399.00
Buy 395.60 406.20 394.50

Athens 11:08 GMT February 17, 2004 Reply   
hk ab, it seems so. Contrary to BOJ tactics, European CB's often let the market hit the stops and then step in beyond the old top/bottom. If 1.2895 is taken, it wouldn't mecessarily imply that the ECB is simply watching in apathy. Good luck.

Riga Nick 11:07 GMT February 17, 2004 Reply   
raden_masandi, did I understand you right you are elliot vawe follwer and trying to calculate 5-th vawe now?

Miami OMIL 11:05 GMT February 17, 2004 Reply   
It will be interesting what happens next on eur/usd. My number printed so I am flat now and will be watching what reaction will take place at the 1.2900 area. (/;-> GL GT

hk ab 0.66 11:03 GMT February 17, 2004 Reply   
the last eur cross which is not reversed yet is eur/jpy.....

hk ab 0.66 11:02 GMT February 17, 2004 Reply   
athens, thinking about it will reveal the truth this week.

Athens 11:02 GMT February 17, 2004 Reply   
Looks like "put up or shut up" time for the ECB. I am staying aside, away from the elephants' clash.

Indonesia Solo raden_masandi 11:01 GMT February 17, 2004 Reply   
wow gbp/usd.
sell again at 1.9058 if be touched with stp 20 pips.

Gen dk 10:58 GMT February 17, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

hk ab 0.66 10:58 GMT February 17, 2004 Reply   
anyone got next RBA and RBNZ meeting date? TIA.

Indonesia Solo raden_masandi 10:55 GMT February 17, 2004 Reply   

gbp/usd
Buy/Sell; .location; Profit target;Stop loss
Buy 1.8756 1.9231 1.8736
Sell 1.9023 1.8930 1.9043
Sell 1.9231 1.8903 1.9251
Buy 1.8714 1.9231 1.8696
Buy 1.8404 1.9231 1.8386
Sell 1.8968 1.8900 1.8988
Buy 1.8695 1.8763 1.8675
Buy 1.8578 1.8672 1.8558
Buy 1.8450 1.8575 1.8430
Buy 1.8298 1.8460 1.8278
Buy 1.8084 1.8535 1.8064

Deauville Nico 10:55 GMT February 17, 2004 Reply   
bought at 1.2860 take at 1.2990 stop 1.2845

hk ab 0.66 10:53 GMT February 17, 2004 Reply   
filled gbp. 1.9025 last added short.

hk ab 0.66 10:52 GMT February 17, 2004 Reply   
many things to be decided on aud/nzd 1.1280-1.13 range

Indonesia Solo raden_masandi 10:48 GMT February 17, 2004 Reply   
Buy/sell Location Profit target Stop Loss
Sell 1.2858 1.2729 1.2890
Buy 1.2729 1.2945 1.2709
Buy 1.2692 1.2767/93 1.2658
Buy 1.2678 1.2761 1.2658
Buy 1.2631 1.2729 1.2590
Buy 1.2611 1.2720 1.2590
Buy 1.2418 1.2658 1.2378
Buy 1.2398 1.2640 1.2378
Buy 1.2274 1.2509 1.2254
Buy 1.2129 1.2512 1.2109
Buy 1.1886 1.2400 1.1866

hk ab 0.66 10:48 GMT February 17, 2004 Reply   
2 more.

hk ab 0.66 10:48 GMT February 17, 2004 Reply   
order near.... 3 more pips.

hk ab 0.66 10:46 GMT February 17, 2004 Reply   
gbp order at 1.9025. 3rd short.

hk ab 0.66 10:45 GMT February 17, 2004 Reply   
welcome back raden.

hk ab 0.66 10:44 GMT February 17, 2004 Reply   
bought another option on nzd at .7050.

Nottingham 10:43 GMT February 17, 2004 Reply   
sarasota jf 10:37 GMT

rebound criteria have been fulfilled and since in a downtrend, you could well be spot on...nearterm 6740 offers support as does 6713/20 and 6700 on overshoot...gl gt

Indonesia Solo raden_masandi 10:41 GMT February 17, 2004 Reply   
maybe can help you.
gbp/usd, after false down from 1.9010. I think price will be finished at 1.9023 as an end top.

hk ab 0.66 10:39 GMT February 17, 2004 Reply   
jf, thanks!

plan to short some gbp as well.

sarasota jf 10:37 GMT February 17, 2004 Reply   
ab - eurgbp cud end up at 6600 - eur is a patience game right now

hk ab 0.66 10:36 GMT February 17, 2004 Reply   
Tony, sorry I will forward this to you thru Jay.

PAR 10:35 GMT February 17, 2004 Reply   
The vodafone story shows once more that BBC information is completely unreliable. Bloomberg is much better.

Barcelona Tony 10:34 GMT February 17, 2004 Reply   
hk ab friend what's your msn handle?

hk ab 0.66 10:34 GMT February 17, 2004 Reply   
Also please NOTE that eurgbp is still weak even both pairs are fighting up.

Barcelona JP 10:33 GMT February 17, 2004 Reply   
USD/CAD is a long once it returns to 1,3099

Indonesia Solo raden_masandi 10:33 GMT February 17, 2004 Reply   
I want to see atraction gbp/usd down when touch 1.9010.

hk ab 0.66 10:33 GMT February 17, 2004 Reply   
jf, my limit missed by 1 pips and seems the same people want to push it higher, so, I decide to lift my order up to 1.2895 for a heavier position.

The dlrcad is telling strength on eur as well.

Barcelona Tony 10:32 GMT February 17, 2004 Reply   
Atlanta 10:31 GMT ... I remember japanese saying the same...say at 115, 110 .... US rules and for now they want weak $ ...will see

Atlanta 10:31 GMT February 17, 2004 Reply   
Belgian Finance Minister, Reynders, has warned that euro
'well above current levels would be troubling'

Deauville Nico 10:30 GMT February 17, 2004 Reply   
Saihat 10:14 GMT February 17, 2004

If euro gets 1.2870 then the way is open for 1.2890 and the more I think about it and the more I believe 1.29 will burst soon. A new attack of this level within the week will not find the friendship of the bears. IMO

AlexVA Dennis 10:28 GMT February 17, 2004 Reply   
Ldn pm 10:14 GMT February 17, 2004

Perhaps some of the "operators" thought that ZEW was really US data and ran EURO up on that. :)

Barcelona JR 10:27 GMT February 17, 2004 Reply   
Barcelona JP ( Jo també! ) me too. Be careful with the broker I said you yesterday. Looking to short soon EURUSD as you and others ( but maybe a warning sign if all agree with this short position ) .GL

hk ab 0.66 10:26 GMT February 17, 2004 Reply   
nk// JIMVHO,

the tricky Fed is forcing the ECB to lower the rates first before the 1st step.

GT as always.

Barcelona Tony 10:24 GMT February 17, 2004 Reply   
ehhh!!! catalan power here today!!!! (encantat de trobar catalans!!!!)

Barcelona JP 10:24 GMT February 17, 2004 Reply   
You are right Ldn

Deauville Nico 10:23 GMT February 17, 2004 Reply   
Ldn pm 10:14 GMT February 17, 2004

The ZEW indice is about the confidence of management chiefs, isn't it? if it is, then they could be in a bad mood regarding future euro levels. Also, operators may expect us datas even worst than european's.

Barcelona JP 10:23 GMT February 17, 2004 Reply   
Hi, JR.

(Content de veure un català aquí)

Happy to see a catalan here!!

Barcelona JR 10:17 GMT February 17, 2004 Reply   
Barcelona JP . I'm here again . I believe you wanted to talk with me yesterday.

Saihat 10:14 GMT February 17, 2004 Reply   
eur may go1.2870

chf may go 1.2220

gbpusd go 1.9050

Ldn pm 10:14 GMT February 17, 2004 Reply   
Someone desperate to keep the Eur/$ rally going ?? Should have fallen on weaker ZEW. Could be 'bloody' if and when he/she pulls the plug !!

Deauville Nico 10:12 GMT February 17, 2004 Reply   
SA Bok 10:04 GMT February 17, 2004

Sure! Sometimes analysts cry and say european stocks indices are sick because of a strong euro and today I see "dollar values" that seem to ignore their benefits will have melt of almost 35% by the end of the year. They must believe in a strong and long us economic growth to buy such shares.

Barcelona JP 10:11 GMT February 17, 2004 Reply   
USD/CHF is a buy at 1.2264.
Target: 1,2324

saloniko 2004 nk 10:10 GMT February 17, 2004 Reply   
A smart startegy frm ECB imo is:

Let Fed do the First step in short side ..and wait THEN to BUY $ 10% Cheaper..LOL!


nk

Nottingham 10:09 GMT February 17, 2004 Reply   
YTD Dax +5% YTD S&P +3.6% YTD S&P rebased in euro +1.7%
figs 4 last yr: +28%.......+26%..................................+6%

will penny will drop and will come a point where europeans decide to invest at home...and what would this do to the US deficit

Barcelona JP 10:07 GMT February 17, 2004 Reply   
Short EUR/USD at 1,2824.

Go for a ride of 50 pips. S/L 1,2859

Saudi Arabia Gamber 10:05 GMT February 17, 2004 Reply   
Aba khabar Raden

Congratulation for the new job. I hope u like it.
I'm short since 1.2820. I hope it will go to 1.2691 as u stated.

Indonesia Solo raden_masandi 10:05 GMT February 17, 2004 Reply   
okay.
sell eur/us now
let's catch 1.2781 as minimum profit.

SA Bok 10:04 GMT February 17, 2004 Reply   
And EUR ignores ZEW and European troubles with High EURUSD ... Market has shutters on and sees Mr G and his US counterparts as the only guys who will reverse USD decline ..

Interest rate hikes and comments from the US side of Atlantic will help the ECB and thier respective Fin Min's ... IMVHO

Deauville Nico 10:02 GMT February 17, 2004 Reply   
Raden,
no chance to see 1.2691 IMO, this level has not been reached even after the falling down of friday. It's under the "grandy Green speech level" and the recent rally shows upset bulls that won't allow a pair under 1.28 unless fundamentals changes happear (excellent us datas?/ significant ECB comments [I don't worry about that!])

Atlanta 10:02 GMT February 17, 2004 Reply   
+DJ German Feb ZEW Econ Expectations Index 69.9 Vs 72.9 Jan

GENEVA FHR 10:00 GMT February 17, 2004 Reply   
ZEW 69.9

sarasota jf 09:58 GMT February 17, 2004 Reply   
zew number 65 rumor

Barcelona JP 09:58 GMT February 17, 2004 Reply   
Agree with you raden

Miami OMIL 09:58 GMT February 17, 2004 Reply   
nyc sa 09:50 GMT February 17, 2004
Hanging on to a long position on the eur/usd and will move my stop to entry level before the news. Looking for at least the 1.2860-65 area just above the 1.2850-55 area that is stalling right now. Thanks for the comments. (/;-> GL GT

sofia IKO 09:58 GMT February 17, 2004 Reply   
EURUSD> DOWN

Indonesia Solo raden_masandi 09:51 GMT February 17, 2004 Reply   
Philiphine New Trader.
Thanks.
today is the first day in my new office.
about eur/usd, I think 1.2858 (bid) is the top.
you can sell there with tight stp.
let's hope to 1.2691.
Now is ideal top area to get there.
have confirmed.

nyc sa 09:50 GMT February 17, 2004 Reply   
Omil , reuters says sell @1.2890 . CME stock futures are very high ,nasdaq +900 , US has economic data ,the housing numbers tomorrow 8:30 eastern , securities are so far expected to move much higher , but for this to happen dollar must decline . This could explain the euro upmove .I guess by early morning euro might retrace its gains awaiting the US data which if bad ,it would mean no dollar hike soon , then dollar goes down again .If the data is good the market reaction would then expect a rate hike ,in which case dollar goes up .Of course this is one scenario, there are others .

Philippines newtrader 09:46 GMT February 17, 2004 Reply   
RADEN

1.2851 was reach by euro would that be the high for the day? what do u think?

Ldn 09:45 GMT February 17, 2004 Reply   
German ZEW survey of analysts' opinions is forecast to ease to 72.0 in Feb from 72.9. ICAP says the mkt is waiting for this leading indicator of German GDP to buckle under the pressure of the stronger euro. It slipped a little last month and may well have now passed its peak

Barcelona JP 09:44 GMT February 17, 2004 Reply   
Hi, traders!!!

EUR/USD is a short at 1,2824
GBP/USD is a short at 1,8959
USD/CHF is a long at 1,2264

Gen dk 09:41 GMT February 17, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Helsinki iw 09:39 GMT February 17, 2004 Reply   
Do hope so Alimin, but I´m afraid a bit of sellers wont do...

Philippines newtrader 09:38 GMT February 17, 2004 Reply   
HELLO RADEN
HOWS YOUR VACATION?....
HOPE U ENJOY...

saloniko 2004 nk 09:35 GMT February 17, 2004 Reply   
Miami OMIL 09:23 GMT

Im trying to be as carefull can be ...watching 1.2650/1.2850 levels..

But my question to my self is if Euro is really high ..and really think that seems high imho but as i rememper in the past when Euro Born @ 1.17 said that maximum range was +-15% frome 1.17
Already we saw past years downshoot around -25% and that means 10% more

If that huppen frome the Up side easily next months will see 1.43

nk

Ldn 09:31 GMT February 17, 2004 Reply   
UK Jan RPI Down 0.2% On Month, Up 2.6% On Year
UK Jan RPIX Down 0.2% On Month, Up 2.4% On Yr
UK Jan CPI Was Forecast -0.5% On Mo, +1.4% On Year
UK Jan CPI Down 0.5% On Mo, Up 1.4% On Yr

Sydney Alimin 09:27 GMT February 17, 2004 Reply   
Helsinki iw: I think u have a bit of sellers now in action :)

Oakland Daimyo 09:25 GMT February 17, 2004 Reply   
Tokyo Jon 9:17-- NP mate, not suppose to be working this much. I'm in grad school(MS Finance)and working on the CMT Level 2 I'll complete the necessary requirements for the Grad Certificate in Technical Mkt analysis this semester so I might slowdown w/ the coursework. My relocation to the Bay Area was a great move for me. San Fran financial district is quite progressive and the Chinese got big bucks out here.

SA Bok 09:23 GMT February 17, 2004 Reply   
Ldn 09:22 GMT - Amount is small , if it was Billions then yes ... as for Aussie company good deal buy USD at the highs .. IMHO

Miami OMIL 09:23 GMT February 17, 2004 Reply   
Malaga boqueron 09:10 GMT February 17, 2004

Just like saloniko 2004 nk says follow the trend but right now I am a bit more careful about holding positions for mid term views until this 1.2900 area is taking out and the bulls establish a strong hold on the bull run again. Main thing is to remain very flexible with the changing market IMHO. (/;->

nyc sa, any ideas from your side on the eur/usd moves. (/;-> tia

Jon good to see your comments, have a good trip. (/;->

Ldn 09:22 GMT February 17, 2004 Reply   
The Age reports that Australia's largest steel maker, BlueScope Steel, will pay $260 mln for troubled US Butler manufacturing, an AUD negative. IFR

Tokyo Jon 09:21 GMT February 17, 2004 Reply   
ok bye for now, talk later cheers, gl and gt

Tokyo Jon 09:17 GMT February 17, 2004 Reply   
Oakland Daimyo, should be around a bit more now to give some support. will be great to catch up with you again. Its off to NY on the 26th but will be back around the 2nd. so lets try and not push the market while I'm away

Helsinki iw 09:15 GMT February 17, 2004 Reply   
Fwiw/ The strong rebound that the euro is making above
Friday´s range midpoint is worrying for my view of a lower
EUR/USD. Stops on shorts at 1,2925 only, but frankly they
may be taken out. On a break of the previous top, we should
see 1,2970/80 fairly quickly, and later higher. We need to see
sellers soon if Friday´s price action is to contain the trend for
a better correction. IMHO.

Tokyo Jon 09:15 GMT February 17, 2004 Reply   
thanks Oakland Daimyo

the GBPJPY is still rising nicely to my initial target of 201.80, once past 200.60 but looking top heavy at 203.60. Expecting some form of retracement in the coming week to target 197.70

trade for the day, buy at 200.65 target 201.80 stop 200.18

Atlanta 09:11 GMT February 17, 2004 Reply   
Nottingham ideally yes , however when they are dealing with speculators they have to be one step ahead and dont send out an S.O.S that they are about to come in - the early 1990's is proof of that

Malaga boqueron 09:10 GMT February 17, 2004 Reply   
Miami, OMIL, RE technicals and fundamentals. From a slightly longer term perspective seems to me we have a nice case where both fundamentals and T.A. are lined up in agreement, both signalling much lower levels for the usd.
RE EUUS, On a shorter term perspective, looks like last Friday's damage to euro bull case has been undone rather easily. Would like to see today's N.Y. close before deciding how easily 1,29 will be taken out, but if GBPUS is any guide, good odds 1,2900 resistance will be history soon.

Oakland Daimyo 09:08 GMT February 17, 2004 Reply   
Jon--your "magic #'s" are always appreciated.

Nottingham 09:08 GMT February 17, 2004 Reply   
Cable 1st o/b 1.9075 2nd 1.9142
Euro 1st o/b 1.2975 2nd 1.3045

Oakland Daimyo 09:08 GMT February 17, 2004 Reply   
Tokyo Jon- nice to c you again.

Indonesia Solo raden_masandi 09:06 GMT February 17, 2004 Reply   
Now is not good if we hope gbp/usd above 1.9008.
let's meet at 1.8955.
also eur/usd now is not good if we hope above 1.2858. now is ideal as a top for euro.
let's meet eur at the low.

Nottingham 09:04 GMT February 17, 2004 Reply   
Atlanta 09:00 GMT

When ministers say one thing but go out and do another it leads to loss of credibility

Tokyo Jon 09:04 GMT February 17, 2004 Reply   
Hi all, back in London, give jpy update soon

saloniko 2004 nk 09:04 GMT February 17, 2004 Reply   
Good Morning...

A wise man said one day...Follow the trend and might this strategy b ur friend...(and let market prove that u are wrong)

May be 1.30 first step is the target..


Have a nice day!

nk

Deauville Nico 09:03 GMT February 17, 2004 Reply   
Hi Raden :)

Indonesia Solo raden_masandi 09:03 GMT February 17, 2004 Reply   
gbp/usd have get top at 1.9008. nice
eur/usd have get ideal top at 1.2858 area( fact is at 1.2855).
be carefull.!!

Miami OMIL 09:03 GMT February 17, 2004 Reply   
We miss you too Raden hope everything is all right. (/;->

Deauville Nico 09:03 GMT February 17, 2004 Reply   
All the pairs are in overbouhgt/oversold levels, sell euro here makes sense for some pips, stop on new high

Sydney Alimin 09:02 GMT February 17, 2004 Reply   
i am holding a bearish view of eur/usd later tonight

brisbane sunstate 09:02 GMT February 17, 2004 Reply   
Indonesia Solo raden_masandi
welcome back

Sydney Alimin 09:01 GMT February 17, 2004 Reply   
hi raden, good to see u back...welcome back my friend

SA Bok 09:01 GMT February 17, 2004 Reply   
Stops at 1.9000 and 1.9005 run ..

Indonesia Solo raden_masandi 09:00 GMT February 17, 2004 Reply   
hello..
I miss you all.

Atlanta 09:00 GMT February 17, 2004 Reply   
Nottingham one thing for sure they dont send a memo suggesting what they are doing , infact they do the opposite

Miami OMIL 08:53 GMT February 17, 2004 Reply   
nyc sa 08:47 GMT February 17, 2004
These are technical views only. You are correct when fundamental get a hold of the market the technical views are put to the side. All we have right now are the technical views to talk about until the US news comes on later today. (/;->

phils VL 08:53 GMT February 17, 2004 Reply   
Lets see if Uncle Sun is ready to go...

Deauville Nico 08:52 GMT February 17, 2004 Reply   
Buy eur/usd at 1.2860 (if seen) , sell double at 1.2890 stop on a new high

Toyko 08:51 GMT February 17, 2004 Reply   
BOJ can spook the market with a timely blast here

Nottingham 08:51 GMT February 17, 2004 Reply   
Atlanta 08:45 GMT

Trichets comments yesterday did little to worry euro bulls...reiteration of past statements made prospect of intervention near term unlikely according to most peoples understanding of the conf...gl gt

Johannesburg cd 08:49 GMT February 17, 2004 Reply   
The US numbers later on could have a detrimental effect on rates up/down. Think there will be fireworks either way later in the day...

Oakland Daimyo 08:49 GMT February 17, 2004 Reply   
We just took out the 1.8989 Fractal Top. Mkt decision will be made at this point. Watch for behavior/energy clues. Should bet idea of next immediate move.

phils VL 08:47 GMT February 17, 2004 Reply   
nyc sa

chf/jpy - wont bet my house on that for today...lol

London 08:47 GMT February 17, 2004 Reply   
Would think this movement in currencies is classed as volatile
and unacceptable.

nyc sa 08:47 GMT February 17, 2004 Reply   
Omil ,I don't understand ur reasoning as to euro ,why ? is it mere TA ? there is data coming out of US could alter the view .

Ina* mr.co\ 08:47 GMT February 17, 2004 Reply   
hello.
I got raden mas messages
be carefull with gbp/usd when at 1.8995 (top)
and eur/usd when at 1.2858 (top) maximal at 1.2870.

Melbourne Qindex 08:46 GMT February 17, 2004 Reply   
Melbourne Qindex 08:46 GMT February 17, 2004
USD/CHF : 3-Day Cycle Quantised Levels

... // 1.2250* - 1.2353* - 1.2457* // ... 1.2664 ...

Atlanta 08:45 GMT February 17, 2004 Reply   
Possible intervention today with BOJ and ECB getting to their tollerance levels

Oakland Daimyo 08:44 GMT February 17, 2004 Reply   
Option-related defense @ the round #'s 1.90 GBP/USD and 1.29 EUR/USD. Who will win this round? Watch for the KO

nyc sa 08:43 GMT February 17, 2004 Reply   
chf/yen how about 8980?

Miami OMIL 08:42 GMT February 17, 2004 Reply   
JF I agree with the fibo explanation. Here comes the 1.2850 test on eur/usd if it holds then this push up is over. With every effort that the bulls use up to push the eur/usd they get weaker and the bears get stronger IMHO. (/;->

phils VL 08:40 GMT February 17, 2004 Reply   
market using chf/jpy to keep swissy down... how high can chf/jpy go.....??

Nottingham 08:32 GMT February 17, 2004 Reply   
If euro doesn't top out here then I expect a test of 1.29 or certainly last week's highs during US session...even if fails and reversed down, lowest "high" to be expected during then would be 1.2875/80 imo, that's if we make higher high before 12gmt...if not, then we continue to be a panic free day with normal ranges expected...gl gt

hk ab 0.66 08:32 GMT February 17, 2004 Reply   
M// Sorry, I don't have it, I just read his eur comment in another forum.

Atlanta 08:30 GMT February 17, 2004 Reply   
NEWS: Vodafone Expected To Raise AT&T Bid To USD 39.4 Bln-Wires

SA Bok 08:28 GMT February 17, 2004 Reply   
GBPJPY - 200 level broken ...

One down 2 to go

1.9000 and 1.2900

GL all

sarasota jf 08:27 GMT February 17, 2004 Reply   
if i can make a general comment - fibo numbers are great to know but work better in trending markets not range markets and seems they are being overused in the shorter term time frames - also what is a fibo number - all it tells you is the probablity of a new high or low being seen if that number holds - for example a market that only retraces 20 % has a much higher chance of seeing a new low - a market that retraces 76.4 has a very low probability of seeing a new low - use them for what they are - one single tool - gt

beijing road 08:26 GMT February 17, 2004 Reply   
Miami OMIL : totally agree with you. thanks, sir

PAR 08:26 GMT February 17, 2004 Reply   
Vodafone could be facing huge losses on its long dollar positions ?

Miami OMIL 08:21 GMT February 17, 2004 Reply   
Road like I said before bullish until proven bearish but with caution at this stage. No mid term positions only hit and run at this time until the market decides where it wants to go. I wrote this yesterday and it still stands IMHO. (/;-> GL GT

Miami OMIL 00:33 GMT February 16, 2004
Atlanta M 00:05 GMT February 16, 2004
Sounds about right here are the complete rough fibo retracement numbers for eur/usd 1.2685-90, 1.2625-30 and 1.2550-60. Support for now is at 1.2700-05, 1.2655-50 and 1.2530-35 and bottom is at 1.2350. The 1hr stocks are turning up and this is what I am interested in the strength of the bounce that it is about to give. FWIW if 1.2780-90, 1.2805-10 and 1.2830-35 hold than eur/usd is headed down again with the fib retracement IMHO. (/;-> GL GT

PAR 08:16 GMT February 17, 2004 Reply   
Vodafone lost battle for ATT. Buy more GBP.

phils VL 08:16 GMT February 17, 2004 Reply   
usd/cad - w/e limit buy entry order triggered at 1.3125 (ask)

beijing road 08:14 GMT February 17, 2004 Reply   
Miami OMIL : any updated view abt eur now, still buy on dip?thks.

Saihat 08:06 GMT February 17, 2004 Reply   
gbp may go to 1.9000

MONACO OGA 08:06 GMT February 17, 2004 Reply   
FX UPDATE 17/02
Good morning,

***EUR***
EUR/USD (currently 1,2820), 80 pips higher than on Monday. Yesterday EUR/USD consolidated above 1,2720 in a lacklustre market ending the day around 1,2760. The IFO institute director issued a statement yesterday calling for the ECB to pull EUR/USD back down to 1,10-1,20 (rate cut). Overnight the pair hovered around 1,2760 level before breaking higher ahead of european open. We'll stick to our bullish view again today. A break of 1,28 signals the market is returning to a 1,2790-1,2840 trading range, before a third (and decisive?) attempt to break 1,29 resistance. For today, we will favour purchases around 1,2780-90 (posible extention to 1,2760) for a retest of 1,2840.
Our medium target remains at 1,3500.

Data out today:

UK CPI Jan expected -0,5% 09.30 GMT
GER ZEW index survey Feb expected 72,0 10.00 GMT
EZ ind prod Jan expected 0,3% 11.00 GMT
US empire manufacturing Feb expected 37 13.30 GMT
US ind prod Jan expected 0.8% 14.15 GMT

Gold around 413,00 , with WTI March at 34,48.

***JPY***
USD/JPY (currently 105,65) still supported by the BOJ and reached 106 overnight on official japanese comments. We still like to sell upticks (105,90/00) for a retest of 105,30 as we cannot see how the japanese authorities can keep the pair from falling below 100 in the medium term. A sharp move is expected at one point.
EUR/JPY (currently 135,50) following EUR/USD price action. The cross is retesting friday's resistance at 135,70. Next big level at 137,50.

***GBP***
Cable (currently 1,8940) rebounded from 1,8880 to current levels this morning. Supports for the day around 1,8910-1,8920. A test of 1,90 target is in place again. Any break would imply 1,93.
EURGBP (0,6765) rebounding from 0,6750 support. We have now turned neutral on the cross and wait for further development.
Have a nice day,

Olivier

sarasota jf 08:05 GMT February 17, 2004 Reply   
red baron pushed price up to here now bk china offering eurusd

SA 08:05 GMT February 17, 2004 Reply   
Atlanta > My apologies! ZEW xpected about 10:00GMT

Oakland Daimyo 08:02 GMT February 17, 2004 Reply   
Thanks Phils VL

Kaunas DP 08:00 GMT February 17, 2004 Reply   
booked 10 quick pips on eur/usd short and waiting for 1,2850-80 game

phils VL 07:55 GMT February 17, 2004 Reply   
eur/usd - added to shorts at 1.2831, moved s/l up frm 60 to abv 65..

SA Bok 07:54 GMT February 17, 2004 Reply   
Oakland Daimyo 07:45 - Fully Understand your thinking my friend ... maybe a squeeze up take out weak shorts and then lower .. me watching ... TIA .. GL all

phils VL 07:53 GMT February 17, 2004 Reply   
Daimyo

the move is definitely heavy weight comm specs... as we said, like last ten days' move.. expect thsi to be faded out ... only abv 1.2935 if they hv the ammo will it be a continuation of up trend

Nottingham 07:53 GMT February 17, 2004 Reply   
GEP...if you're around...eurgbp now done average historic weekly rebound @6775...of course can go further but doean't "have to" as "job done" so to speak as far as trading the range goes...gl gt

Deauville Nico 07:51 GMT February 17, 2004 Reply   
The trend is definitively bullish. Cover your shorts on eur/usd around 1.2715. Buy at this level, add at 1.28 IMO
GT

Melbourne Qindex 07:51 GMT February 17, 2004 Reply   
EUR/USD (adjusted) : Daily Cycle Quantised Levels

... 1.2594 ... 1.2667 // 1.2703 - 1.2740 - 1.2776 - 1.2813 // 1.2849 ... 1.2922 ...

Miami OMIL 07:49 GMT February 17, 2004 Reply   
AB he also use a lot of Elliot wave skills to forecast so if that is happening then there is definitely something in the air. (/;->

PAR 07:48 GMT February 17, 2004 Reply   
Hearing UK inflation figures could be well above consensus expectations to justify the rate hike by the BOE and to justify further rate hikes in the UK.

Oakland Daimyo 07:45 GMT February 17, 2004 Reply   
SA BOK: Please don't get me wrong. The buy pressure is strong for both EUR/USD and GBP/USD. Mkts could easily move higher as this would be continuation of move. However, I get the feeling that depth is not as deep as what we may think. Both these pairs have been "ready" for a move higher but they seem to start w/ a fury and end in a fizzle. This is much different than the massive upmoves we've seen previously. GT

Atlanta M 07:44 GMT February 17, 2004 Reply   
hk ab 0.66 hi AB , whats his view on the aussie dollar also thanks

hk ab 0.66 07:39 GMT February 17, 2004 Reply   
The Mckegg also changed his mind to join the long USD camp now.

Seen all big players have their minds change while price levels swing hard. Think time to accumulate long USD and sleep.

Nottingham 07:37 GMT February 17, 2004 Reply   
Nottingham...imo key cad support at 1.3120/25 gl gt

hk ab 0.66 07:37 GMT February 17, 2004 Reply   
jf, thanks very much for the suggestion, placed 1.2850, put it to my highest limit.

SA 07:34 GMT February 17, 2004 Reply   
Atlanta 07:28 GMT > Normally 07:45, I believe

SA Bok 07:33 GMT February 17, 2004 Reply   
Oakland Daimyo 07:30 - Thks Friend thoughts appreciated...

Miami OMIL 07:32 GMT February 17, 2004 Reply   
FWIW this is a Key level like I said yesterday this 1.2825-30 level has to hold or we will see 1.2850 and maybe a stab at the 1.2900 level again IMHO. (/;-> GL GT

sarasota jf 07:32 GMT February 17, 2004 Reply   
ab - we squeeze out the shorts then move back down - i hope it goes to 55 personally then 1.2730 - imo - gt

Oakland Daimyo 07:30 GMT February 17, 2004 Reply   
SA BOK
This is the same type of "manipulation" we saw last week. Large operators who were slow to unload supply are looking to gather a following higher so they can dump. Maybe they have enough ammo to take the 1.29 and 1.90 level, only time will tell. For now, it seems unlikely. Willing to give up some of the early entry signals for stronger and more convincing signals. It takes alot for me to reverse my original thesis, I prefer to stand aside until mkts decides for me.

hk ab 0.66 07:30 GMT February 17, 2004 Reply   
aud gets a boost from aud/jpy definitely.

hk ab 0.66 07:29 GMT February 17, 2004 Reply   
the audnzd has to break 1.13 promptly to get renewed uptrend. Will exit at 1.1280 for the long at 1.1250 and 1.1280.

Atlanta 07:28 GMT February 17, 2004 Reply   
Wht time are the Europe numbers out plese

hk ab 0.66 07:27 GMT February 17, 2004 Reply   
jf, do you think the ZEW will move it a bit even higher?

Interesting now.

Deauville Nico 07:27 GMT February 17, 2004 Reply   
First imminent target on eur/usd seems to be 1.2830.
You can try to short from this level IMO stop 1.2840

SA Bok 07:23 GMT February 17, 2004 Reply   
Somebody had a chunk to buy and sell USD , just as currencies started to look offered ..

Nottingham 07:22 GMT February 17, 2004 Reply   
aussie...gets re-rating overnight on interest rate expectations...1st o/b 7960 2nd 7990...gl gt

Moskow 07:17 GMT February 17, 2004 Reply   
Looking for reliable history data for trading system verification
and precise technical analysis?
Visit www.hisbase.com . This is one of the trustworthiest & effective
forex quotes history for intraday trading over net.
Intraday data are presented since 1997.
Reasonable prices and best data quality.

Oakland Daimyo 07:16 GMT February 17, 2004 Reply   
Not willing to fight the tape. Standing aside for now. We may get pop higher (EUR/USD and GBP/USD) Not taking longs as I do not believe in this move. We will see, Patience is a virtue. Closed shorts for small profit. We have plenty of time to re-enter longs if this is the motive (continuation of trend) Have fun guys/gals

sarasota jf 07:09 GMT February 17, 2004 Reply   
my view is we move up a little first so i would not rush to short just here - prefer to sell 1.2800/25/50 at each level reduce on dips - gbpusd think that 20-40 area that held an earlier bounce is the level to trade for shorts

Miami OMIL 07:06 GMT February 17, 2004 Reply   
sarasota jf 06:44 GMT February 17, 2004

Thanks for the information. (/;->

phils VL 06:52 GMT February 17, 2004 Reply   
JF tks

Melbourne Qindex 06:46 GMT February 17, 2004 Reply   
Melbourne Qindex 06:21 GMT February 15, 2004
GBP/USD : My 5-day cycle charts indicate that a projected resistant level has been established at 1.8921 - 1.8946. A projected chart point is located at 1.8743 and the chance is good that the market will challenge the supporting level at 1.8680 - 1.8695.

sarasota jf 06:44 GMT February 17, 2004 Reply   
ubs buyer of euryen in asia - jap trust buying usdyen - offers in eurusd quite strong at 1.2800 and usdyen 106.00- this 1.2900 level has quite alot of official names offering eurusd
so think time to readjust the range to 1.2550/1.2850 above 1.2850 is an overshoot and under 1.2550 is overshoot - so try to posn trade within limits - seems despite uptrend for eurusd right now things are quite balanced due to sellers determination - gt

Atlanta 06:38 GMT February 17, 2004 Reply   
Melbourne Qindex many thanks for that

Munich Ronny 06:33 GMT February 17, 2004 Reply   
Bye bye gbpusd

Melbourne Qindex 06:32 GMT February 17, 2004 Reply   
Atlanta 06:23 GMT - EUR/USD : Since the market fails to overcome the projected resistant level of 1.2786 - 1.2792, I am bias on the downside.

Melbourne Qindex 22:03 GMT February 14, 2004
EUR/USD : My 5-day cycle charts indicate that a projected resistant level is located at 1.2786 - 1.2792 and a projected supporting level is expected at 1.2603 - 1.2606. Initially the market is likely to test the supporting strength of a barrier at 1.2695 - 1.2699.

Atlanta 06:24 GMT February 17, 2004 Reply   
on the Euro

Atlanta 06:23 GMT February 17, 2004 Reply   
Qindex hello, would you say we could see the downward levels first ? thank you

Melbourne Qindex 06:14 GMT February 17, 2004 Reply   
Melbourne Qindex 07:49 GMT February 16, 2004
EUR/USD : The lower barrier of my daily cycle is expected at 1.2668 // 1.2699 and the upper barrier is located at 1.2790 // 1.2821.


... 1.2606 ... 1.2668 // 1.2699 - 1.2729 - (1.2759) - 1.2790 // 1.2821 ... 1.2944 ...

Melbourne Qindex 05:59 GMT February 17, 2004 Reply   
Melbourne Qindex 05:01 GMT February 15, 2004
USD/JPY : My 5-day cycle charts indicate that a projected supporting level is expected at 105.35 - 105.46. The distribution profile of my 5-day cycle probability chart indicates that the market has a good potential to overcome the projected resistant point at 105.96 and it will tackle the extreme range at 107.05 - 107.29.

Sydney2 05:53 GMT February 17, 2004 Reply   
If 106 will be taken, maybe a quick jump to 1.7 level, do you think this is possible?

Ldn 05:51 GMT February 17, 2004 Reply   
More fuel for Kerry machine with CBS News poll showing he's the only top Democratic candidate who leads in head-to-head matchup with President Bush; poll puts Kerry at 48% to 43% over Bush, though Bush leads Edwards 50-41%, Dean 54-37%. Fits with view Kerry to stay front-runner in race for Democratic candidacy, especially with key unions, politicians supporting him; CBS poll finds Bush support weak - below 50% - in areas like economy, Iraq, foreign policy, and these issues likely to be hot spots in run-up to presidential poll.(retuers)

Atlanta 05:49 GMT February 17, 2004 Reply   
In the Eurozone, the major focus of attention is German ZEW expectations balance for Feb, and a projected decline from the 72.9 previous reading (median forecast 72.0) should keep EUR bulls cautious going into the 10GMT release

LAX-LGB SNP 05:24 GMT February 17, 2004 Reply   
AUDUSD has finally broken its 5-week gauntlet and buying ahead of 0.789x makes sense
EURCHF's rejection and staying below the 1.5760-75 zone provides decent shorting R/R
EURGBP has more or less bottomed out and represents a good bid above 0.6715-0.6740
EURJPY staying ahead of TL @ 134.11 & 4-hourly fight near 134.88 is fair value for bids
EURUSD staying above 1.275x is necessary to attract bidding interest
GBPCHF trapped within 2.3290-2.3337 zone but enroute to 2.347x
USDCAD short below 1.3160-85 looks good
doubtful abt USDCHF & GBPUSD yet - when in doubt, stay out :-)

TTYL TC y'all :-)

Atlanta 05:20 GMT February 17, 2004 Reply   
Ex PM Miyazawa said Jpn is defending USD/JPY at 105.00 support and would not hesitate to intervene if needed.

Red rag to a bull .!!!

phils VL 05:17 GMT February 17, 2004 Reply   
GEP

JPY - comments noted....I'm hoping the heavy weight comm specs would sell off proportionately more yen to offset some slide of their beloved ez currencies against the usd... I also think that a visit to 106.50 lvl if seen would not last too long before further zig-zags...

hk ab 0.66 05:08 GMT February 17, 2004 Reply   
GEP, your comment is appreciated.

Dallas GEP 05:07 GMT February 17, 2004 Reply   
Something ELSE to consider is if the yen is repatriated in the next day or so BOJ WOULD have to pusd USD/JPY up some to allow for that so that ALSO is a possibility. I would almost BET on that probability!!!!

Atlanta 05:04 GMT February 17, 2004 Reply   
Vodafone considers $37bn US buy
http://news.bbc.co.uk/2/hi/business/3470177.stm
Mobile phone giant Vodafone's board has acknowledged it is pondering a bid for AT&T Wireless, the US's third-biggest mobile player

Dallas GEP 05:03 GMT February 17, 2004 Reply   
AB I wouldn't count on it. BOJ seems intent on just stabilization and not on busting up usd/jpy to any new higher levels There are too many sell orders in the 105.80-106.00 range right now IMO UNLESS BOJ wants to try and take those out and the only reason they might is if they feel USD may take some hits in the next day or so but I don't really see that happening personally.

phils VL 05:01 GMT February 17, 2004 Reply   
eur/usd
near this time yesterday, my daily range then was low of 1.2700 and high of 1.2775. There's more activity today, and range widens to 1.2650 -1.2810. For shorts stop abv 1.2855, for longs below 1.2600

limit sell entry at 1.2775 from w/e triggered. Wl review adding to shorts at 1.2810 if seen.

usd/jpy
the BS (buy & snooze) orders avg 105.42 frm a week ago should pay dividends from today. Wl TP abv 106 if seen, and wl be great if ard 106.50

usd/cad - limit buy entry 1.3125 (ask) over w/e not yet triggered, but getting close

hk ab 0.66 04:55 GMT February 17, 2004 Reply   
Hope the dlr/jpy can be played longer.

Porto PJT 04:51 GMT February 17, 2004 Reply   
JAPAN: Mkt talk of 2nd bird flu case in Kyushu that caused the EURJPY and USDJPY buying.
JAPAN ex PM Miyazawa says Japan is defending Y105 through intervention.

st. pete islander 04:51 GMT February 17, 2004 Reply   
ab ... I truly don't know. I thought a bad data spike when I sat down but it is now climbing, if this platform is telling the truth.

hk ab 0.66 04:51 GMT February 17, 2004 Reply   
still holding long dlr/jpy 105.40

hk ab 0.66 04:47 GMT February 17, 2004 Reply   
what happenedto dlr/jpy? I was out the whole morning?
DID BOJ lift it up to prevent any shock tonight NY?

st. pete islander 04:42 GMT February 17, 2004 Reply   
ML ... I'm amazed they (if it was BOJ) would do anything. They have all but brought trading that currency to a halt. So, when it does move, I tend to think that my deeelbook is acting up. Hope you're doing well. Maybe we can have a market today. gt

Dallas GEP 04:39 GMT February 17, 2004 Reply   
Figure or 1.3080 more conservative long on USD/CAD but it is showing a few signs of bottoming here si I took it long. Fairly aggressive play though.

ICT ML 04:36 GMT February 17, 2004 Reply   
Jim....looks like it traded at 106 for a split second here...LOL

Dallas GEP 04:36 GMT February 17, 2004 Reply   
Longed usd.cad from 1.3142. 1st layer. Could short some more or long from here.

st. pete islander 04:33 GMT February 17, 2004 Reply   
Uhh .... was that a data spike I just got on the JPY or did it actually move.

hong kong nt 03:47 GMT February 17, 2004 Reply   
ab -- on GBP side, assume a big range of 1.900-1.800 may work for coming few weeks...

hong kong nt 03:45 GMT February 17, 2004 Reply   
ab -- we guess the threshold level for aus is 6339 x 1.3 = 8240, this level maybe useful for option trading, on spot front, .8100. similar view on kiwi. good trades...

beijing road 03:42 GMT February 17, 2004 Reply   
G/J 200level will be held?

USA Biscuit Boy 03:40 GMT February 17, 2004 Reply   
Looks like it QF. Finally a bit of action :)

Nassau QF (newb) 03:38 GMT February 17, 2004 Reply   
BOJ active?

singapore mk 03:37 GMT February 17, 2004 Reply   
rumr bird flu in japan

Ldn 03:27 GMT February 17, 2004 Reply   
AUD/USD fall after RBA Deputy Governor Stevens' speech likely due to his comments on level of neutral rates, say Macquarie Bank FX strategist Jo Masters

Atlanta 03:11 GMT February 17, 2004 Reply   
melbourne farmacia
Do you see the RBA worried there may be a drop in the AUD from there statement , seems they see something on the Horizon e.g. election worries that could cause a dramatic fall

HK Ab your view also please

Saihat 03:02 GMT February 17, 2004 Reply   
for test only

buy gbpusd at 1.8840 ... stop 1.8820

melbourne farmacia 03:01 GMT February 17, 2004 Reply   
Adelaide albbar 00:11 GMT February 17, 2004
Afternoon. I have the feeling today gbp/usd's going to 1.8940 ish before falling back around 1.8830. I need to wait for eurozone to confirm view. Also feel cable's in the final stages of this rally to 1.9050 + before a very nice correction. More time is need.GT

Atlanta M 02:54 GMT February 17, 2004 Reply   
The Australian economy continues to perform well and has yet to succumb to the interest rate increases of the past year. They will eventually slow the economy and the currency will suffer, so take some profit on long Aussie positions around

except from FX concepts view on AUD

Gen dk 02:35 GMT February 17, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

hk ab 0.66 02:33 GMT February 17, 2004 Reply   
It only took 1.5 year to retrace 2000 pips.

Perth 02:30 GMT February 17, 2004 Reply   
TECHNICAL ANALYSIS: AUD/JPY outlook unclear. Like many other AUD-crosses, daily MACD issued minor buy signal last week, but risks are pair's rise to stall. Momentum measure is highest overbought reading since early 2002, making it difficult to buy now with any great confidence. Underlying resistance, from lows traded 1997-98, is at 84-85; if pair fails at current levels around 83.70 then double-top may be forming. Any subsequent break under 80.00 would confirm this, open move to 76.50. Reuters

HK 8888 02:29 GMT February 17, 2004 Reply   
aud/usd being bought on Steven's comments that there is no precise number for neatral rates, but rather sees a broad 5.0% to 6.25% range. aud/usd up from 7910 to 7935

sydney2 02:23 GMT February 17, 2004 Reply   
BOJ in action?

Gold Coast martin 02:09 GMT February 17, 2004 Reply   
Do you think this afternnons speech by the deputy governor of the RBA will have a downward impact on the AUD/USD?My indicators say that it will have a downward impact of driving the AUD/USD down to .7885

Perth 01:56 GMT February 17, 2004 Reply   
JP Morgan's flow-of-funds data indicate that as of Friday, market had 70% more speculative EUR/USD shorts than daily average of last year; this probably on view ECB won't tolerate EUR/USD rise above 1.3, says chief FX strategist Tohru Sasaki
AP/

Ldn 00:42 GMT February 17, 2004 Reply   
AUSTRALIA"s business conditions plunge 15pts to 3pts in Jan (2 mthly fall), according to a NAB survey
MMS

Sydney Alimin 00:36 GMT February 17, 2004 Reply   
is there any important report/news/commentary later today that might be of interest?

Perth AS 00:34 GMT February 17, 2004 Reply   
Australian business conditions deteriorated sharply in January to their lowest level in a year, suggesting domestic demand is slowing and that the Reserve Bank doesn't need to rush to raise interest rates, a National Australia Bank survey released Tuesday showed. Price inflation remained subdued, and the first fall in construction prices in more than two years provides further evidence of slowing in the building sector.
The NAB business conditions index fell 15 points to +3 points in January from December, its second consecutive monthly fall. The weakening in business conditions was big enough and widespread enough to move the trend estimates down in most industries. A particularly marked weakening in domestically oriented sectors suggests the peak in the construction industry passed some time ago, Oster said.

Reuters



Stockholm za 00:28 GMT February 17, 2004 Reply   
CHF/JPY...... At the moment
8605-8587
8569-8563
8540
8516-8511
8493-8475
True ~8613-:-8425
The 84 series ~94-76-54-29-13-01.........
Happy trades........

Perth 00:26 GMT February 17, 2004 Reply   
The focus will remain on very large U.S. Treasury coupon payments due today.Some US$20 bln worth of such payments will be made in New York. Of interest will be how much Japanese investors repatriate. The talk is this bloc is due to
receive 40-50% of this paydown. The decision on whether or not to repatriate these funds will remain with each individual investor but, given the proximity of the Japanese fiscal year end, most of these payments are likely to be brought
home. This is especially the case with USD/JPY still under considerable
Nikkie

Adelaide albbar 00:11 GMT February 17, 2004 Reply   
Farmacia, good morning.
What's your view on cable for today, will she dip as far as the
8820/30 level where there is strong support?
GL and GT

 




Actionable trading levels delivered LIVE to YOUR charts

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

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


Global-View Affiliate Program

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

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

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

Contact us

Start trading with forex broker Markets Cube




pic

Retail Forex Brokerage Changing!

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

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

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

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

SEE Our Best Brokers List

Currency Trading Tools

  • Live rates, currency news, fx charts. 

  • Research reports and currency forecasts.

  • Foreign Exchange database and history.

  • Weekly economic calendar.

Directory of  Forex trading tools

 
Terms of Use    Disclaimer    Privacy Policy    Contact    Site Map


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

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

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

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

Forex Analysis
Forex Forecasts
Interest Rate Forecasts
Central Bank Forecasts

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

Forex Forum

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

Forex News

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

Currency Trading

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

Forex Brokers

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

Forex Trading

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

FX Trading

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

Forex Blog

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

 

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

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

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

?>