User Name: Password:      Register - Lost password?

2003  2004  2005  2006  2007  2008  2009  2010  2011  2012  2013  2014  2015  2016  2017  2018  2019  2020  
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 02/23/2004

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


mtl gg 23:57 GMT February 23, 2004 Reply   
LOLOL is that an each way bet there Rafe??

Caribbean! Rafe... 23:45 GMT February 23, 2004 Reply   
IMO. If I got the direction right then by friday this week we could see 1.2393-1.2172

If euro longs then were looking at a test of 1.2653-1.2879 area.

all I want for this christmas is a crystal ball

lon j 23:45 GMT February 23, 2004 Reply   
thanks singapore and Ldn. i´m personally looking for .7650ish TP. but further out i.e. end of this week early next this might just go much lower. tia

Caribbean! Rafe... 23:43 GMT February 23, 2004 Reply   
OMIL// thanks.

Ldn 23:39 GMT February 23, 2004 Reply   
lon j today looking for a low around 7670 but depends on the Euro if it can reach 1.24 ish low then we could possibly see Aud reach lower - would like to see 7445 where I would take longs but not sure at this moment if this Big Dollar has much more upside to go .. but still see USD upside today.

Singapore Sfx 23:39 GMT February 23, 2004 Reply   
7688

Miami OMIL 23:38 GMT February 23, 2004 Reply   
Rafe if you read my previous comments I have a short on the eur/usd pair looking to test the 1.2350-30 area again before any further downfall IMHO. (/;->

lon j 23:37 GMT February 23, 2004 Reply   
can somone confirm the low of the aussie in the last 4 hours please. this is urgent. tia

lon j 23:34 GMT February 23, 2004 Reply   
hey Ldn, what is your short to medium term view of the aussie? do you see sub .76 this week? tia

Ldn 23:32 GMT February 23, 2004 Reply   
AUD/USD may have already hit year high, will likely be sold on rallies say Macquarie Bank strategists. Note market perception on USD starting to turn

Caribbean! Rafe... 23:27 GMT February 23, 2004 Reply   
EUR/USD anyone have a good feeling about 1.2393-1.2172 being seen for the rest of this week?

TIA.

Singapore Sfx 23:21 GMT February 23, 2004 Reply   
ab 23.04 .. none.

Melbourne Qindex 23:20 GMT February 23, 2004 Reply   
EUR/USD : Current Comment.  Register with [email protected] if you have no access to my page.

Dallas GEP 23:14 GMT February 23, 2004 Reply   
Well if you using that EUR/USD 1.2585 stop it kept you in but you might try a stop above fig.

hk ab eur/gbp 0.66 23:04 GMT February 23, 2004 Reply   
any data for aussie and kiwi todday?

Dallas GEP 23:02 GMT February 23, 2004 Reply   
This 1.3320/30 area is fairly strong support for USD/CAD. Today tho CADDY has been more a follower than a leader.

Dallas GEP 22:51 GMT February 23, 2004 Reply   
This could be a stop clearing push on the Euro. Beware!!! 1,2580 is resistance right now

Madrid GLR 22:36 GMT February 23, 2004 Reply   
GEP, we are long USD vis CAD and CHF. That is all. We are too CHICKEN for anything else. Best,

Dallas GEP 22:33 GMT February 23, 2004 Reply   
Someone just needs to shoot the pound and all will be well. WOOOO...there's a dip for ya. In on usd/cad @ 1.3350 long, should have waited a tad it seems!! LOL

Dallas GEP 22:31 GMT February 23, 2004 Reply   
A slight dollar bearishness here.

Madrid GLR 22:31 GMT February 23, 2004 Reply   
GEP- Please to hear it. In fact looking for a healthier looking USD chart but I think this one is it.

Dallas GEP 22:28 GMT February 23, 2004 Reply   
That would be 1.3350 LONG on USD/CAD

GVI john 22:25 GMT February 23, 2004 Reply   
This report is posted twice daily on GVI. For information on how you can access GVI, contact [email protected]
STRATEGY SESSION —Far East Open
eur/$ 1.2555…. $/yen 108.35
DJIA 10,610, -9 pts…NASDAQ 2,028, -30 pts
10-yr 4.05%, -5 bp’s
MARKET OPINIONS:
For a broad range of opening levels click on GVI’s “Market Snapshot”:
CLICK HERE
See GVI ...

Dallas GEP 22:24 GMT February 23, 2004 Reply   
In fact, I don't trust the pound will behave properly anyway so the order to sell @ 1.87 is OUT for the time being and I will now try and catch usd/cad @ 1.3350 again myself. It is much closer to entry anyway.

Dallas GEP 22:21 GMT February 23, 2004 Reply   
OK but I ain't riding up to no 1.8750 with it!!!! I guess I will pause for an hour or two here myself. Back later.

LAX-LGB SNP 22:18 GMT February 23, 2004 Reply   
FWIW USDCAD is tres-close to thrice-proven 1.3410 ... once past, gonna have a blast

Dallas GEP 22:18 GMT February 23, 2004 Reply   
GLR, that is still a buy from 1.3350 in my mind until proven wrong.

ICT ML 22:18 GMT February 23, 2004 Reply   
GEP...could work out fine for ya'...but gbp/usd is in an hourly up channel, about 120 ips tall, top is at 1.8750 right now.....bottom 1.8630...so I'd leave room for test of top if using a stop.....GL

Be back later

Madrid GLR 22:16 GMT February 23, 2004 Reply   
GEP, how are you seeing USD/CAD? Best,

Dallas GEP 22:14 GMT February 23, 2004 Reply   
ML, I have a POUND sell order now @ 1.8700. It could surprise us by going LONGER but I just don't think so at this time.

Ldn 22:10 GMT February 23, 2004 Reply   
AUD/USD may undergo "brief slide" to new low before bouncing higher, say JP Morgan strategists; recommending selling pair on moves to 0.7725, risking 0.7765 for short-term target of 0.7620.AP

LAX-LGB SNP 22:06 GMT February 23, 2004 Reply   
missed ideal entry levels so i think i need to be more flexible with this week - going short on contis to start off
FWIW abundance of shooting stars all over the board has going to give us ideal R/R zones

Melbourne Qindex 21:51 GMT February 23, 2004 Reply   
EUR/USD : Current Comment.  Register with [email protected] if you have no access to my page.

Ldn 21:33 GMT February 23, 2004 Reply   
Aud/USD real money accounts are getting a bit nervous adding fresh longs wit the sharp Aussie bond market decline in NY session , traders see an AUD/USD fall below 0.7645 opening another sharp slide. AP

SD tht 21:29 GMT February 23, 2004 Reply   
Check out this one folks (copied from todays newspaper, RD is Dominican Pesos). The EUR/USD rate going via pesos is around 1.04 today, think the spread is wider on the Euro but still a pretty decent deal. 1.04 he, he, I love this country.

Bancos comerciales
Compra
RD$ 44.88
Venta
RD$ 49.36

Tasa del euro
Compra
RD$ 46.75

Dallas GEP 21:22 GMT February 23, 2004 Reply   
Well ML, I think the pound right now is ONE of the reasons the euro still is holding at these levels. When the pound gets below 1.86 levels then euro should be sub 1.24's. I think the POUND will DUMP probably HARDER than the other ccy's. It is just a matter of WHEN IMO and at what level (1.8680/90 maybe???) WTF knows??? LOL

Everyone takes turns on the DA of the day award. We have to be careful we are not mutiple day recepients!!!

Dallas GEP 21:15 GMT February 23, 2004 Reply   
On Euro Short stop, Alternative stop is around 1.2611. Pick you risk tolerance on this one. I would have liked to have been smart enough to take it short when we had multiple failures to break @ 1.2470/75 but I wasn't. I DO tho think the break of 1.2550/55 was significant because now it is acting as resistance point whereas before it was support. I don't feel the signals have been very clear at ALL on Euro today and it STILL could go either way tho.

ICT ML 21:13 GMT February 23, 2004 Reply   
GEP....you asked WTF is up with the pound earlier...answer...who knows right now..

I'm still wearing a Dunce cap from last night ......sold eur/gbp, Aud/usd, and gbp/usd, they all looked good, set my TP limits and went out to dinner....the gbp/usd was looking really good, so set stop at BE before I left, target 1.8430...

came back, gbp/usd stopped out at BE after being up 100+ pips, and the other too were/are still in bad shape...ditched the eur/gbp at .6760 (high) still have Aussie, think it will get down to BE or better in Asia / London...if not, I ditch it too....

what a dumb assss I was!

Melbourne Qindex 21:09 GMT February 23, 2004 Reply   
EUR/USD : the mid-point reference of 1.2585 // 1.2610 is 1.2598.


Melbourne Qindex 23:01 GMT February 21, 2004
EUR/USD : The lower barrier of my daily cycle is expected at 1.2338 // 1.2363 and the upper barrier is located at 1.2585 // 1.2610. The odds are good that the market will tackle the lower barrier. The congested area of my daily cycle is projected at 1.2343 - 1.2548 and the mid-point reference is 1.2446.


... 1.2043 ... 1.2215 ... 1.2338 // 1.2363 - (1.2388) - 1.2413 - 1.2437 - 1.2462 - (1.2487) - 1.2511 - 1.2536 - 1.2560 - 1.2585 // 1.2610 ... 1.2659 ... 1.2708 ...

Chicago JMI 21:08 GMT February 23, 2004 Reply   
The best place the short euro would probably be when the top of it's downward channel on hourly chart is hit. I think I'll wait for this one.

sf mike 21:06 GMT February 23, 2004 Reply   
Thanks. I was long all day but closed at even.

Dallas GEP 21:02 GMT February 23, 2004 Reply   
Yes Mike I do trade 24 hours a day. 1.2550 right now is a pivot point which in effect tells you that pricing action will normally go through this price point with the highest frequency. So a LONG or SHORT would probably work here but MACD's are bearish and that's the reason for the short. PLUS I think as NY closes some these LONGS will start to drop out. That's my theory anyway with no guarantees!!! Pair was having trouble getting thru 1.2590, the it had trouble getting thru 1.2570/75 and it webt thru 1.2550 on the downside so I believe for now the longing MAY be over.

sf mike 20:49 GMT February 23, 2004 Reply   
GEP// why now? Market is closing. Do you trade 24 hours a day?

Dallas GEP 20:48 GMT February 23, 2004 Reply   
Shorted Euro @ 1.2556 with stop @ 1.2587 and Tp @ 1.2475. Euro IS mixed but I am going with MACD on this one.

Barcelona JP 20:18 GMT February 23, 2004 Reply   
Anyway, now it is not a good time to trade

Barcelona JP 20:17 GMT February 23, 2004 Reply   
Fasten your s/L

Barcelona JP 20:16 GMT February 23, 2004 Reply   
If I may say, do not go that ride up in eur/usd.

Better, short it right now.

Livingston nh 20:05 GMT February 23, 2004 Reply   
For folks who think the US trade and budget deficits are a problem consider what the Debtor's best friend has always been -INFLATION

Livingston nh 20:01 GMT February 23, 2004 Reply   
Ldn - the chance of a Fed cut is as good as a Fed hike for the next few months -- too many folks discount inflation as "not a problem" because of the silly reference to a "core" rate (this includes the Fed folks who compound the problem by reference to "Productivity") -- between now and July growth will likely decline and there is no sign of upward pressure in job growth

the Fed under G'span follows rates it doesn't lead them -- we'll see what happens to currencies (M2 money supply has fallen since July - effectively a rate hike)

Dallas DEW 19:57 GMT February 23, 2004 Reply   
GEP,
My Slow Stocastic was on the bottom and started pointing north. Look like a good buy. I checked the MacD and you are right it is still pointing south. Do you find the MacD a more usefull indicator than most?

Dublin Flip 19:53 GMT February 23, 2004 Reply   
cheers guys.............

Dublin Flip 19:50 GMT February 23, 2004 Reply   
nh - Everybody loves a free bet. You get to borrow at 1%. The fed says they won't be raising rates (till Jeb is safely in his second term around 2012-LOL) and the Treasury and Fed tell you the face value of the debt is going to implode because they want USD perenially lower. It's crazy to be a contrarian all the time but every once in a while the game has been talked and there aren't any new players to push the momentum along. Then it's a game of "show me what you got"

Ldn 19:49 GMT February 23, 2004 Reply   
Livingston nh they the Fed are easing in the idea a rate hike is coming so as not to scare the Bond market , as I said before its inevitable so its only a matter of when and the longer they have to warn the less the shock as the market will have adjusted.

Texas(Jksn.) PNB 19:46 GMT February 23, 2004 Reply   
sf mike 19:40 GMT February 23, 2004
good then.
TIA:-)

Dublin Flip 19:41 GMT February 23, 2004 Reply   
True nh. There are more than few implications even though I don't see AG reaching for the trigger just yet. My point is that alot of the position size/rsik is coming from gearing up because of the long held belief borrowing USD and then "spreading the love around" has been a favoured trade. That's been true for bond portfolios as well. when the daily readies come in @ one percent it's been quite a supporter of the bond market as well.

sf mike 19:40 GMT February 23, 2004 Reply   
jksn// I think DEW has his own trade. His stop is tigher than yours. Just the same direction that's all.

Dallas GEP 19:34 GMT February 23, 2004 Reply   
For you Euro longers, you may get some pips off your longs but be cautious as the MACD had turned south on Eur/USD. I I am square now on Euro as I posted earlier/

Texas(Jksn.) PNB 19:33 GMT February 23, 2004 Reply   
Dallas DEW 19:28 GMT February 23, 2004
what i said was my personal viewpoint and which may be/may not be the best one.use yoru own methods for entering yourself.

GL GT.
TIA:-)

Livingston nh 19:30 GMT February 23, 2004 Reply   
Flip - I think it is important that folks keep your comments in mind as they contemplate interest rate consequences // a 1% change by MR. G and Company is a significant loss for Treasury holders (far in excess of a 20% currency fluctuation)

Dallas DEW 19:28 GMT February 23, 2004 Reply   
jksn,
I hope your right, I bought in at 1.2538 with a stop at 1.2518.
Good luck.

Texas(Jksn.) PNB 19:24 GMT February 23, 2004 Reply   
I am buying eurusd again,this time with SAR @ 1.2478.I think some good up price movement may be coming...targetting 1.2630 in coming 5-6 hours....IMHO.

TIA:-)

Helsinki iw 19:23 GMT February 23, 2004 Reply   
Thanks for elaborating Flip, think you have a point there with
high-yielders not being the only carry trade. Makes sense
watching the action.

Dallas GEP 19:22 GMT February 23, 2004 Reply   
ML, are you in the room????? What's the story with this CABLE???

Dallas GEP 19:20 GMT February 23, 2004 Reply   
You know it is GOOD that is range trading. However it is BAD that it is range trading so SLOWLY!!! LOL

Kaunas DP 19:18 GMT February 23, 2004 Reply   
1.2350 tomorrow :), but what next...
LOL

Dallas GEP 19:14 GMT February 23, 2004 Reply   
YEP JP it could. C ya STY

Dublin Flip 19:14 GMT February 23, 2004 Reply   
iw, possibly but it's gbp/sfr isn't my sphere of intrest. What is certain is that the popular yen carry trade of the late nineties has been varied these past two years. By borrowing cheap USD and throwing thme at evertything from foreign currencies (including but not solely high yielders) but also the stock markets has been a theme running for a while now. e.g I don't think it's any coincidence that Nasdaq has just broken 1460 all important just now and all popular currency targets have also come under the hammer again. I'm not saying everything is tied together becasue obviously there are plenty of takeov3er stories and trades going through but the over-riding force is whether these are going through 4/6 weeks crisis of faith or whether the ship is righted and back to business for the hedge funds.

London 19:14 GMT February 23, 2004 Reply   
Lagos Styrax hey and ladies :-)

Barcelona JP 19:12 GMT February 23, 2004 Reply   
OK.

Now, eur/usd is a sell @ 1,2550
USD/CHF is a buy at 1,2572

It's late, so I'm not going to trade that. (Spain)

Lagos Styrax 19:11 GMT February 23, 2004 Reply   
I will like to consider it a day.
Big thanx to Dallas GEP; Barcelona JP and all the cool guys in the room.
G'night and thanx

Nottingham Daniel 19:07 GMT February 23, 2004 Reply   
Barcelona JP - Tks

Barcelona JP 19:05 GMT February 23, 2004 Reply   
S1 1.8585 Minor
S2 1.8555 Moderate
S3 1.8500 Minor
S4 1.8466 Major


Daniel

Barcelona JP 19:01 GMT February 23, 2004 Reply   
GEP, cad could be a buy again @ 1.3350/45

Nottingham Daniel 18:59 GMT February 23, 2004 Reply   
Barcelona JP

May I ask what support to consider the GBP may hit after .8580 if it should pass this! Tks

Barcelona JP 18:57 GMT February 23, 2004 Reply   
closed my long in CAD for a 20 pips gain

Dallas GEP 18:54 GMT February 23, 2004 Reply   
MACD is looking bearish on Eur/USD guys. May try to short upon approach of 1.2550 again if seen.

Ldn 18:52 GMT February 23, 2004 Reply   
Aussie dollar probably heading for 7445 area this week

Barcelona JP 18:52 GMT February 23, 2004 Reply   
Isn't that beautiful?

Next support for cable: 1,8580

Dallas GEP 18:52 GMT February 23, 2004 Reply   
I probably COULD have just run a trailing stop @ 1.3373 on that USD/CAD long and It would have made more money but I was MAD with the way I mishandled that EUR/USD long.

Chi-Town CT 18:51 GMT February 23, 2004 Reply   
Closing short EUR/$ here at 1.2525-1.2530.

This area could be pivotal however, as it marks the 50% retracement of the range 1.2450 low against the 1.2596 top.

So will re-establish short on break of 1.2517/20.

Lots of people getting crushed in a very narrow range. Sad.

Dallas GEP 18:49 GMT February 23, 2004 Reply   
YES STY, I am up 30 pips on that one so I closed, it's my own little trading rule which I broke with the Euro trade by not closing when I was up 20 and the charts were mixed. I THINK howver that USD/CAD WILL long some more.

Lagos Styrax 18:46 GMT February 23, 2004 Reply   
Dallas GEP
I have usd/cad too, are you closing your position on that too
I mean now.

nyc jk 18:45 GMT February 23, 2004 Reply   
sold more EUR on break of 50, now s/l on whole lot 1.26+, sit back and wait.......

Dallas GEP 18:45 GMT February 23, 2004 Reply   
GEEEEZ, I mean USD/CAD could LONG some more if Eur/USD SHORTS some more.

Barcelona JP 18:45 GMT February 23, 2004 Reply   
Must say that it is a thin market today, so take care

Dallas GEP 18:44 GMT February 23, 2004 Reply   
In Fact, screw it, I will close usd/cad for +28 NOW. Could go HIGHER however if EURO holds here.

Barcelona JP 18:42 GMT February 23, 2004 Reply   
Lagos Styrax 18:35 GMT February 23, 2004

It's up to you. What do you want: hold the position until hits 1,2350 or just for a small ride?

If you want to go down to 1,23xx, place it @ 1,2610.
If you want a small ride, trail 10 pips

Dallas GEP 18:42 GMT February 23, 2004 Reply   
You are right about that P!!! WTH??? Well I am out on my eur long @ 1.2543 for an 11 pip loss. I SHOULD have taken my +20 when I had it earlier but I broke my own cardinal rule, HOWEVER USD/CAD is 30 pips up so that is good.

Helsinki iw 18:41 GMT February 23, 2004 Reply   
Flip, re the carry trade argument, looking at GBP/CHF no real
shake-out at least as of yet. Would think that would be one
of the prime targets if the long-term holders were really
worried. But regarding USD, personally favour a test and break
of the 1,23+ lows.IMHO

Barcelona JP 18:39 GMT February 23, 2004 Reply   
I'm falling in love

Atlanta 18:38 GMT February 23, 2004 Reply   
Just came in what caused the buying just then of the USD ? seem rather rapid against the Euro infact all pairs

Texas(Jksn.) PNB 18:37 GMT February 23, 2004 Reply   
ok,fun's over.LOL.
TIA:-)

london p 18:36 GMT February 23, 2004 Reply   
oh dear dallas GEP is not going to be to happy steps away offline for 2 mins and it tanks

Lagos Styrax 18:35 GMT February 23, 2004 Reply   
Barcelona jp
Pls where could one place a stop on eur/usd now that it has gone way past 2550

Barcelona JP 18:33 GMT February 23, 2004 Reply   
Lets see what's going on here

Barcelona JP 18:30 GMT February 23, 2004 Reply   
I think that all of us know that if eur/usd loses 1,2550 it could go down a lot. Lets see.

Dublin Flip 18:29 GMT February 23, 2004 Reply   
muchas gracias for the help on the spainish internet solutions/suggestions guys.
Apologies but I popped out for a while. I was assuming today would be a bit of zzzzzzzzz after friday and so far haven't been far from the mark. The market is in a quandary as to whether we have entered a squaring of carry trade phase or whether this is going to be a two/five day wonder and then back to the business of selling the dollars. Personally I'm optting that we are in the former camp. Rip Van Greenspan's comments gave the patient but battling USD bulls a reason to exit and once they had left the game there were and are just the leveragered (foreign currency and equities) USD carry traders. I think people should be keeping an eye on the stocks. They've done a little catch-up today but haven't taken out the big levels just yet. As we edge to the end of month (friday) I think we expose a few more US dollar shorts on their way to the door.
catch you guys tom...

Dallas GEP 18:17 GMT February 23, 2004 Reply   
Going off line for a while guys. I know have stop on eur/usd long @ 1.2543 (from 1.2537) and a TAKE profit now on that long @ 1.2579 (try for +25 pips) . Also have USD/CAD long as posted from 1.3350.

Lagos Styrax 18:15 GMT February 23, 2004 Reply   
Which way Oh Lord?!

Barcelona JP 17:54 GMT February 23, 2004 Reply   
hk ab eur/gbp 0.66 17:49 GMT February 23, 2004

Right, but when you see a pair that builds a solid support at a given level I think it can be traded.
But, my stop is at 1,3325.
And the target: 1,3435. The ratio is great.
We'll see.

Dallas GEP 17:51 GMT February 23, 2004 Reply   
Sorry NOT euro I meant POUND

Dallas GEP 17:49 GMT February 23, 2004 Reply   
Well range today on Eur has been about 250 pips so it would have the most to move the furthest down IMO once it starts it's descent.

hk ab eur/gbp 0.66 17:49 GMT February 23, 2004 Reply   
Barcelona JP 17:31 GMT February 23, 2004
It looks like all the fish had been sold today


The opp. from london to NY.

Gd night all.

Texas(Jksn.) PNB 17:48 GMT February 23, 2004 Reply   
Rye, NY et 17:44 GMT February 23, 2004
Now,that outta be fun now.GL & GT to you too friend.
TIA:-)

Barcelona JP 17:48 GMT February 23, 2004 Reply   
Long USD/CAD filled @ 1,3351.
S/L 1,3335
Target 1,3435

Dallas GEP 17:46 GMT February 23, 2004 Reply   
Now in LONG on USD/CAD from 1.3350 BUT if euro doesn't hold @ 1.26 level CADDY could short some more but I expect 1.26 to be topside on Euro at this time.

Rye, NY et 17:44 GMT February 23, 2004 Reply   
Texas(Jksn.) PNB 17:40 GMT February 23, 2004
Well, this is what makes markets..............GL/GT
Short EUR/USD 1.2575;cut 1.2605;take 1.2525


Barcelona JP 17:41 GMT February 23, 2004 Reply   
Lets see if I can short cable now. Waiting @ 1,8727.

Texas(Jksn.) PNB 17:40 GMT February 23, 2004 Reply   
I have just taken a long eur/usd here,with sl 1.2530,tp keeping at 1.2630.any expert comments on this.

TIA:-)

Gen dk 17:36 GMT February 23, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Barcelona JP 17:31 GMT February 23, 2004 Reply   
It looks like all the fish had been sold today

hk ab eur/gbp 0.66 17:30 GMT February 23, 2004 Reply   
IMVHO, the raid tomorrow now have more stops to run after those longs in the two sessions.....

Barcelona JP 17:27 GMT February 23, 2004 Reply   
Well done!!!

USA Biscuit Boy 17:24 GMT February 23, 2004 Reply   
DEW we are not allowed to mention brokers here but it is an online retail broker.

Dallas GEP 17:24 GMT February 23, 2004 Reply   
JP I would be a buyer on USD/CAD @ 1.3350 (ASK). I have an order in now.

Dallas DEW 17:22 GMT February 23, 2004 Reply   
Biscuit Boy,
What platform might that be?

Dallas GEP 17:18 GMT February 23, 2004 Reply   
It MAY do this the rest of US session STY (1.2550 - 1.2590)

USA Biscuit Boy 17:18 GMT February 23, 2004 Reply   
FWIW 75% of eur/usd trades on my platform by the entire client base are long trades. Usually a very good contra iindicator when it is so one sided.

Gen dk 17:13 GMT February 23, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Chambery FR JFB 17:12 GMT February 23, 2004 Reply   
fwiw... moved s/l @1.8660, locking 25 pips on GBP long... Will flat another failure ahead of initial target 1.8720... GT GL

Barcelona JP 17:12 GMT February 23, 2004 Reply   
USD/CAD is a buy.
S/L 1.3330
Target: 1,3440

USA Biscuit Boy 17:10 GMT February 23, 2004 Reply   
Home now my orders were done at 95. Reallly want to hold these for a test of 1.2330. GL and GT.

Lagos Styrax 17:09 GMT February 23, 2004 Reply   
Dallas GEP
How long down do you think eur/usd is going to go?

Dallas GEP 17:07 GMT February 23, 2004 Reply   
Well STY, it didn't matter really how good or bad you were at the time , if you were long usd/jpy, you had no chance that day AT ALL. You couldn't get out at your stops, That in my mind was the most rapid market movement I have EVER seen. Only thing that could have helped is if you had stop and reverses instead of simple stops!!!!

Nottingham 17:03 GMT February 23, 2004 Reply   
Dallas GEP 17:00 GMT

my buy dip usdcad levels often don't get seen on quiet days so you'll prob be correct in your assessment...gl gt

Dallas GEP 17:03 GMT February 23, 2004 Reply   
Probably, should look for a close on this euro long around 1.2575 or 1.2580. It is making lower highs than what it was earlier.

Rye, NY et 17:03 GMT February 23, 2004 Reply   
Long USD/JPY 108.20;cut 107.65;take108.85

Ldn 17:02 GMT February 23, 2004 Reply   
Nottingham 16:57 GMT
Cheers for comment - yes well short euro so that was my worry, but agree with u that euro looking tad heavy, so fingers crossed...hv stop at 1.2605 ...gl

Lagos Styrax 17:00 GMT February 23, 2004 Reply   
Dallas GEP
2000 March is a long while ago. You've come a pretty long distance since then, becoming somewhat of an authority.
Pls don't imply I will be finding myself out of a mess like this in 4 years time (lol) (2000 till date is about 4 years) Thanx
Well the eur/usd touched on 2590 once, since I had already removed the market order can I fill it in manually now.
Thanx

Dallas GEP 17:00 GMT February 23, 2004 Reply   
NOTTY, It seems to me Euro longs are running out of steam. MACD is also peaking out.

Madrid GLR 17:00 GMT February 23, 2004 Reply   
FLP, I should be able to give you a hand. If in Madrid, there are random internet cafes but you can also try VIP's. There are about 15 in the city. Best,

prauge viktor 16:59 GMT February 23, 2004 Reply   
Gep its seems to be that the 1,2594 is not coming soon...

UK ELC 16:57 GMT February 23, 2004 Reply   
Dublin Flip
You might want to look into a Vodafone "Connect Card" They fit into the pcmcia slot on your laptop and connect to the GPRS network throughout europe, you only pay for data actually downloaded not time online. any vodafone shop in dublin or vodafone.co.uk will give you info.

(get one cheap on ebay}

Try typing into google "vodafone connect card" for more info
GL

Dublin Flip 16:57 GMT February 23, 2004 Reply   
groovy mate. I think that's probably the way we'll probably go. I figured it couldn't as bad as ROI (Rip off Ireland -LOL)
cheers mate

Nottingham 16:57 GMT February 23, 2004 Reply   
cad testing 3338 support once again...if it can break lower it will be a good long when dust settles 3286/3300 for test of that support on bounce...I have my doubts as euro seems unwilling to edge higher but hopefully some stop running will take place soon...gl gt

Dallas GEP 16:56 GMT February 23, 2004 Reply   
STY, We all get whacked like that occassionally. Nothing to be ashamed of. BAck in March 2000 I beleive I was LONG @ 133.85 and it went down to 127.00 something in less than 10 minutes. It blew by stops so fast they were filled at 80-100 PIPS LOWER than your stops were!!!

Gen dk 16:52 GMT February 23, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

B.A. BOCA 16:52 GMT February 23, 2004 Reply   
no prob Flip.
if you can get a phone line in there, then you can get DSL for flat 30e a month from telefonica.

hk ab 16:52 GMT February 23, 2004 Reply   
cloaw eurgbp for 21 pips.

Barcelona JP 16:50 GMT February 23, 2004 Reply   
USD/CHF should stop at 1,2510-05

Ldn 16:50 GMT February 23, 2004 Reply   
anybody know why we saw gap in usd/cad just then??

Barcelona JP 16:50 GMT February 23, 2004 Reply   
Waiting to short cable at 1,8727 or 1.8792

Lagos Styrax 16:48 GMT February 23, 2004 Reply   
Dallas GEP
To be truthful with you my position is sooooo bad Im ashamed to say it.
Its entered @ 106.77 short
Can you imagine?!

FW CS 16:47 GMT February 23, 2004 Reply   
$/Yen
Weekly has a nice resistance line currently around 109.30 now. But the weekly also looks like an ending diagonal triangle which is bullish in this case. So a weekly close above 110 could bring some life into this market. Japan would certainly not complain if Yen rose 10 figures from here not saying it will though but potential bull developing here.

Dublin Flip 16:46 GMT February 23, 2004 Reply   
Thanks Boca. Much appreciated.
As I'm NOT irish (being Australian) therefore I'm not going to take offence at the "Brits" jibe-LOL. We'll hopefully have a phoneline in there pretty soon. The thoughts of my wife using a mobile to keep her abreast of world (friends and family) affairs is just too expensive to enterain without coronary medicine.
cheers mate- thanks

Stockholm za 16:46 GMT February 23, 2004 Reply   
Gold Drops To $399.50 At London Afternoon Fixing

LONDON -Gold was fixed this afternoon at $399.50 an ounce, down
from $399.85 at the morning fixing, and down from $405.25 at yesterday afternoon's fixing. ....... djw

hk ab 16:42 GMT February 23, 2004 Reply   
oops, eur/gbp trying south again.

Dallas GEP 16:39 GMT February 23, 2004 Reply   
STY, what exactly is your position on USD/JPY???

Eilat Dolphin 16:39 GMT February 23, 2004 Reply   
Valdez/ (While the $ DEW line holds...) I only know about the site in Jerusalem being fed info from Israeli gov and secret services, as well as the Egyptian, Turkish, Jordanian and US ones.

They got quite a few scoops, sometimes as much as a couple of weeks ahead of others.

But sometimes they miss, and at other times they maniplate mostly by a wishfull thinking process, imo.

Even though politics are a dirty game, it's among men, so I wouldn't call it porn. When there are no cuties, there's no porn! For sure.

B.A. BOCA 16:37 GMT February 23, 2004 Reply   
down there, there are so many brits (no offence) that i'm sure it will not be a problem. using internet through a mobile is pretty expensive though, so you might find an internet cafe with free ports and hook-up your laptop there for cheap if you plan to use a lot of time.

check with vodafone, amena (auna), or telefonica. they should be all in english. gl and enjoy the sun!

Lagos Styrax 16:36 GMT February 23, 2004 Reply   
Dallas GEP
Last week I left an entry order that was not filled overnight, I forgot to clear them off b4 leaving.
They got filled when the market took the opposite course and that is the cause of my grief now.
Apart from that my positions seem to be in good stead.
Well thanx for that advice. I really appreciate it.

Stockholm za 16:36 GMT February 23, 2004 Reply   
fwiw .....EUR/USD >> For pipraders only at the moment....

12618-12604-12587-(¤12559¤)-12531-12514-12500

When its lost its lost ...-Disclaimer-
Happy trades....

Dallas GEP 16:33 GMT February 23, 2004 Reply   
The degree of risk is HIGHER on the 1.2590 short on the Euro than the LONG from 1.2554 was. You may wish to NOT enter the SHORT until it can be confirmed it won't long past figure OR put a relatively tight stop on it as suggested earlier.

Lagos Styrax 16:32 GMT February 23, 2004 Reply   
Dallas GEP
Thanx
A sigh of relief

Miami OMIL 16:32 GMT February 23, 2004 Reply   
Thanks SNP. (/;-> GL GT

Dallas GEP 16:29 GMT February 23, 2004 Reply   
STY, once you determine a good entry level, the best way to get the proce is to go ahead and put an order in because it normally won't stay long enough at that level for you to manually take it with a market order.

Dublin Flip 16:28 GMT February 23, 2004 Reply   
Thanks Boca
I'll be in estepona (down past Malaga). Apart from mobile chip, for the internet you reckon no probs to get sorted down there???

Dallas GEP 16:27 GMT February 23, 2004 Reply   
STY, USD/JPY has a pretty bullish outlook OVERALL still IMO. It should bounce up from 108.00 or 107.80

Quito Valdez 16:25 GMT February 23, 2004 Reply   
Dolphin// you recommended debkfile. Great! www.debk.com is a fantastic news site going beyond "standard news", BUT http://www.debkafile.com/ is a PORN site. You must be laughing up your sleeve! Nice prank but good news source lead amigo! Valdez-the-not-so-good-spy

Lagos Styrax 16:23 GMT February 23, 2004 Reply   
Dallas GEP Thanx.
I have some pretty bad positions on USD/JPY over the weekend and Im still holding them.
Do you have any outlook on that pair please?
I keep wondering how you have that long position on eur/usd so good. Then @ 2554 I was really confused the direction of things but I got on @ 2565.
Thanx a bunch all the same.

B.A. BOCA 16:23 GMT February 23, 2004 Reply   
for internet you can get toll-free numbers to call, just pay online time. depends where you go in spain, though.

Dallas GEP 16:21 GMT February 23, 2004 Reply   
STY, I would NOT add at this time.

B.A. BOCA 16:20 GMT February 23, 2004 Reply   
dublin// we use the same sim chips over here- if you have vodafone it will work no prob. cheaper to buy one here, though, for about 60e plus free minutes, etc. or else you have to pay roaming charges.

Dallas GEP 16:17 GMT February 23, 2004 Reply   
STY, I longed off a buy order @ 1.2554. Yeah It is OK. My target is 1.2590 BUT we are having some trouble getting thru this 70/75 area. A couple more tries and we should be back to 1.2590 area again IMO.

Dallas GEP 16:17 GMT February 23, 2004 Reply   
STY, I longed off a buy order @ 1.2554. Yeah It is OK. My target is 1.2590 BUT we are having some trouble getting thru this 70/75 area. A couple more tries and we should be back to 1.2590 area again IMO.

Dublin Flip 16:15 GMT February 23, 2004 Reply   
If this is ok with Jay......
If there is anyone based in espanol????
I'm off to Spain for a couple of weeks or so (probably more times over the course of the year) and was wondering what's the best way around sourcing ISP etc....

In Ireland you can use a "pay as you go" thanks to the joys it's telecom monoply and therefore expensive payable local calls. It comes in handy when moving around the country or when vistors come over but if anyone can point me in the right direction It would be apprected. Please note my spainish is the most basic imaginable.

prauge viktor 16:15 GMT February 23, 2004 Reply   
Gep I think we are going to make it how do u see it

Lagos Styrax 16:12 GMT February 23, 2004 Reply   
Dallas GEP when did you long eur/usd?
I m holding long too but i entered @ 2565 do you think its okay?
secondly can I still enter more here now?

B.A. BOCA 16:12 GMT February 23, 2004 Reply   
gold keeps knocking its head on the 400 level

basically everything sideways. trade with care. GL

SA Learning 16:12 GMT February 23, 2004 Reply   
Thanks..:))

Dallas GEP 16:12 GMT February 23, 2004 Reply   
Now it looks BID. WTH........????? (EUR/USD)

Dallas GEP 16:08 GMT February 23, 2004 Reply   
Candles are much better but you would need to learn how to interpret them. Use STOCH chart, Bollinger Bands, and MACD. These along with FIB points and a knowledge of where moving averages are,

BTW guys, Euro/USD looking kind of heavy now.

beirut jb 16:08 GMT February 23, 2004 Reply   
SA Learning

h,

quick response : candelstick the best

B.A. BOCA 16:07 GMT February 23, 2004 Reply   
cable looking a bit stretched intra-day. should see a return to support...

beirut jb 16:05 GMT February 23, 2004 Reply   
buy eur/$ here Target1 126.5

SAR 12535

SA Learning 16:03 GMT February 23, 2004 Reply   
Hi,

Quick question,

What chart type would be best for technical analysis?

For instance, would line chart be better than candle chart?

:))

Dallas GEP 16:03 GMT February 23, 2004 Reply   
YEP sell order in STILL in place. If I reach it it would have meant I already made +36 pips on this long Euro I am in now. SO worst case scenario would be it hits my stop at 1.2611 and I would still be net +15 pips.

Euro action now tho is VERY whippy. I may take profit on my long if I see 20 pips.

Dallas GEP 15:59 GMT February 23, 2004 Reply   
I got 1.2594 high traded on Eur

london cam 15:59 GMT February 23, 2004 Reply   
Quito Valdez 15:54 GMT February 23, 2004
Buscuit//heading that way, close but no cigar...almost...maybe in next 12 hours given outside unpredictable news factors don't intervene.

Are you privy to info that the rest of us are unaware? or just getting bored like myself?

Lagos Styrax 15:59 GMT February 23, 2004 Reply   
Dallas GEP
Are you still keeping your sell order on eur/usd at 2590?

USA Biscuit Boy 15:57 GMT February 23, 2004 Reply   
Cheers. Away from my desk this morning. Had sell orders for 1.2595. Maybe with slippage they got filled.

ICT ML 15:55 GMT February 23, 2004 Reply   
I got 1.2595 offered as being traded.......not bid though

Eilat Dolphin 15:55 GMT February 23, 2004 Reply   
BBoy/ No, missed by 2, on the Sex Scale at least.

Quito Valdez 15:54 GMT February 23, 2004 Reply   
Buscuit//heading that way, close but no cigar...almost...maybe in next 12 hours given outside unpredictable news factors don't intervene.

Spotforex NY 15:53 GMT February 23, 2004 Reply   
USA Biscuit Boy 15:52

1.2594 high bid on my system,

USA Biscuit Boy 15:52 GMT February 23, 2004 Reply   
Hi guys. Can anyone tell me if eur/usd 1.2595 was traded. TIA.

Quito Valdez 15:47 GMT February 23, 2004 Reply   
Dolphin// I love your humor! Really! I was in intel in the 60's Nam dayz, before Custer was a private. Thanks for the source. I'm just getting back into Internet actually after a period of netcelebancy so I can sure use sources. Thankx!!

Dallas GEP 15:46 GMT February 23, 2004 Reply   
Viktor, if the range turns out NOT to be 1.2550-1.2590, it won't be!!! LOL Will see. IN now on Eur/USD long

Dallas GEP 15:46 GMT February 23, 2004 Reply   
Viktor, if the range turns out NOT to be 1.2550-1.2590, it won't be!!! LOL Will see. IN now on Eur/USD long

Quito Valdez 15:44 GMT February 23, 2004 Reply   
Amsterdam// Yes. Thankx amigo. :)

prauge viktor 15:44 GMT February 23, 2004 Reply   
Gep its a very nice move Im going with u..

Eilat Dolphin 15:43 GMT February 23, 2004 Reply   
Valdez/ Didn't you write that you were an "intelligence guy" a few hours ago ?

And now you ask us for intell news ? ;^)

Okay, try Debkafile (to be tasted salty and with a long wooden fork).

Amsterdam 15:41 GMT February 23, 2004 Reply   
Quito, my answer regarding EUR/USD is:
To reach wendsday you have toi go through Tuesday.
To sell USD/ EUR @ 1.1900 you have first to buy @ 1.3010

Is my message clear?

Dallas GEP 15:40 GMT February 23, 2004 Reply   
EUR/USD, I will try this on a buy order @ 1.2554 LONG with @ 1.2537 stop for a 1.2590 target. I also am puting in a SELL order @ 1.2590 with stop @ 1.2611 and with TP @ 1.2555.

Quito Valdez 15:37 GMT February 23, 2004 Reply   
Gotta question, is ANYONE playing right now on the Euro/USD or are we all just hanging out seeing what will happen which might effect tomorrow's trading? (like me) humm, looks like 1.26 or 1.259 is possible in the next 12 hours...sure trying. Some feel the USD will be positively effected if OBL & co. are neutralized, mayB to some degree because of a percieved safety from USA terrorism, but I feel there're much more powerful influences on the buck than OBL et al. OBL is a minor play factor. Besides, OBL was a CIA man, he's not stupid and has friends, and a 10 mile radius means a 20 mile circle..now think about it, how easy is it to find one guy in (pi)X(r squared)=3.1X10X10=310 sq. miles? Daddy Warbucks can't make $$ if the war's over and Osama's caught, now can they? Your highway taxes at work, Vietnam style, delayed or no victory.

So I'm -ready- to buy bucks on the first news that OBL is caugh but not necessarily AM going to buy bucks. And have my shaking finger on the sell button shortly thereafter (sell in less than 12 hours before the hype wears off).

Anyone have a military news resource faster/better than the "standard" ones such as Reuters' ticker?

Chambery FR JFB 15:32 GMT February 23, 2004 Reply   
Chambery FR JFB 15:30 GMT February 23, 2004
tp is a bit far, will exit if 1.8700 resists :-)

phils VL 15:31 GMT February 23, 2004 Reply   
eur/usd

waiting whole day for my limit sell to trigger at 1.2595..missed by 1 pip so far.... shud come back up for a breather... dunno yet if its gonna hit...

Chambery FR JFB 15:30 GMT February 23, 2004 Reply   
fwiw... have longed gbp @1.8635, s/l 1.8615, tp 1.8720... Happy trades :-)

Gen dk 15:28 GMT February 23, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Chi-Town CT 15:25 GMT February 23, 2004 Reply   
The break down thru 1.2570 suggests a retest of the overnight lows - as long as EUR/$ continues to trade below 65/75 area. A break of 1.2600 negates the whole scenario. Too many players sitting on the sidelines looking to get short euros again, tells me that 1) short term guys are actually long EUR/$ already and looking to flip to short 2) high volatility is causing a reluctance to initiate a position. Either way I put my money on being short EUR/$ NOW, with a stop above 1.2600. GL

Dallas GEP 15:21 GMT February 23, 2004 Reply   
Yep Jay is the best!!!!

Barcelona JP 15:19 GMT February 23, 2004 Reply   
"made"

Dallas GEP 15:18 GMT February 23, 2004 Reply   
Viktor, I should have put a SELL order in @ 1.2590 and then I would have caught it. I got distracted. I am not sure it can go a whole lot lower at this time howver.

prauge viktor 15:18 GMT February 23, 2004 Reply   
ja gep i missed it too i hope we will see it once again soon

Eilat Dolphin 15:17 GMT February 23, 2004 Reply   
GVI/ That's an effective sweep. ;^)

nyc jk 15:17 GMT February 23, 2004 Reply   
GEP if EUR breaks this 50 lvl now, may be good for some more pips on the downside, imo.

Barcelona JP 15:17 GMT February 23, 2004 Reply   
Waiting too. GEP.

I''ve maid my 15 pips daily in cable. And now, waiting to short eur.

Dallas GEP 15:14 GMT February 23, 2004 Reply   
Viktor, we DID have that third test of 1.2590 area and I missed it. You see it shorted 40 pips!!!!!

Dallas GEP 15:00 GMT February 23, 2004 Reply   
Viktor, No I am waiting to see if it fails 1.2590 level again

Eilat Dolphin 14:56 GMT February 23, 2004 Reply   
CT/ 1/When a Talib spokesman says that OBL and al Zawahiri are in Afghanistan (as reported this morning), I tend to think they are not.
2/ OBL has turned out to be an FX agent. Or the only other caveman that "influenced" the financial world.

Helsinki iw 14:56 GMT February 23, 2004 Reply   
IMHO, whatever the case with Osama, doubt that it will have
any greater market impact. That story is traded and buried
some time ago.

prauge viktor 14:55 GMT February 23, 2004 Reply   
hello dallas Gep plz do u think is the time now to short the euro or not yet thanks.

Quito Valdez 14:54 GMT February 23, 2004 Reply   
USA weasel//thanks respectfully for your suggestion. Hope I didn't spam you. There are a LOT of people out there who just don't know the issues, only trying to do good. Hugz amigo..time for more coffee...no more of this as I don't wanna be labled as a board spammer. Valdez :>

Nottingham 14:53 GMT February 23, 2004 Reply   
Chi-Town CT 14:48 GMT

Bin laden has been surrounded a hundred times...either US troops highly incompetant or just someone caught long bucks...the latter imo

Euroland 000 14:49 GMT February 23, 2004 Reply   
I think we will check soon if maritin Gold Coast was right or not.

Chi-Town CT 14:48 GMT February 23, 2004 Reply   
Some talk again (rumours) of bin laden surrounded within a 10-mile radius. Same talk that surfaced overnight.

Quito Valdez 14:47 GMT February 23, 2004 Reply   
Hey monster, this is NOT a political forum, it's about folks helping others MAKE MONEY...not neonatzi stuff. Everyone's got their political views and for that Yahoo has chatrooms. This is a financial forum. OK? I'm even borderline with my commentary and it's about future values of MONEY, not what would have happened if Hitler had or had not have been in power.

But take a look at the legitimate media links below to see what Osama really does have and can have, then think about AXU and the USD and food futures.

http://science.howstuffworks.com/e-bomb3.htm
http://www.thetruthseeker.co.uk/article.asp?ID=229
http://www.foxnews.com/story/0,2933,76990,00.html

CAIRO ASAMIR 14:46 GMT February 23, 2004 Reply   
Atlanta 14:41 GMT February 23, 2004

CAN U SIMPLIFY IT AS I AM STILL A BEGINNER , I MEAN U MEAN LONG OR SHORT ON USD/JPY

Atlanta 14:41 GMT February 23, 2004 Reply   
USD has given back some of its recent gains, but still looks technically strong, says Brown Brothers Harriman technical strategist Jerry Ficchi. EUR/USD should now meet resistance at previous support levels of 1.2605 and 1.2625, so BBH recommends selling up to 1.2625. Now at 1.2571. USD/JPY is trading above 100-day moving average of 107.75 for first time since August, a "significant shift" in market bias. Buyers should continue to emerge on dips ahead of that level, says Ficchi. Now at 108.37.
reuters

USA Monster your a Nutter typical wanker

Barcelona JP 14:36 GMT February 23, 2004 Reply   
15 pips locked in gbp/usd

Dallas GEP 14:32 GMT February 23, 2004 Reply   
1.2590 area looks pretty firm. Might try a short from there on another failure.

USA weasel 14:31 GMT February 23, 2004 Reply   
Quito you may not think you are being political but your last several posts would be better directed to the political forum.

Livingston nh 14:26 GMT February 23, 2004 Reply   
EUR/USD broke below a flat 21 day MA unlike Nov and Jan downdraft - also the two recent tops were not separated by days but by weeks - so a 6 to 8 week correction to sub 118 is likely// wide daily ranges but red at day's end for the next three or four days

Quito Valdez 14:26 GMT February 23, 2004 Reply   
Amsterdam// I agree 100%. XAU is only to protect you as a hedge. Sheesh, I guess the USA wants to keep it's hand in the Iraq fire. A very big mess. OK, I'll shut up...don't want to spam the board but I think this stuff is important 4 all traders. I appreciate all the info today as well, we all have need to join hands & help each other. Trading isn't always about news but also about "could happen" future scenarios.

Bristol/UK Stag 14:26 GMT February 23, 2004 Reply   
EUR/USD - 3rd time in 3 hours the 200ema has been shot at. Still not dead!

Amsterdam 14:20 GMT February 23, 2004 Reply   
Quito, "Rumsfeld arrives in Baghdad Monday. He will be present for largest US troop rotation in history when 130,000 soldiers in Iraq go home to be replaced with 110,000 fresh troops for about a year. Both groups will pass through Kuwait"

means that USA is not out of Iraq soon...higher EUR is a fact but when EUR breaks above 1.3010 than XAU will break over EUR and USD the same time into much, much higher levels.

The levels that XAU will reach are equal to EUR/USD 2.100...this level (i hope we both agree) is not reachable, so XAU is not investment, it is only value keeper :)

Barcelona JP 14:18 GMT February 23, 2004 Reply   
Next retracement in gbp/usd: 1.8727

Quito Valdez 14:16 GMT February 23, 2004 Reply   
Amsterdam// True. But I'm not a gold bug and I don't even think it's a good "investment" necessarily as in reality the Euro/XAU pair are pretty much in tight with each other. XAU shorts are very very tight as well, hard to make a quick gain. But XAU is a hedge on catastrophy, forgetting anything about speculation. I'd recommend 10%-15% of your portfolio in XAU hard metal, (not gold stock) right now til this middle east thing (if ever) smoothes out. Not bad to have it in your bank safe deposit box!

If the USA doesn't get out of Iraq soon, you may see some things you don't want to. Not being political, but factual...this bulletin board has no room for politics. But if they capture/kill Osama and his financers/buddies, dunno what'll happen...grudge fights may result, new leader sprouts, and again who's got the nukes..bought for #1mln/copy..cheap. Osama says he won't use nukes unless they are used against him. If he's out, who's in charge and would they think the same way? A nuke could also pop in Frankfurt you know..but not likely as Germany didn't want to side with Bush and mess with Iraq in the first place...likely out of shear fear for their precious Euro and their proximity to middle east "locales". Know what I mean?

Sydney alimin 14:14 GMT February 23, 2004 Reply   
it is a monkey business out there for eur/usd at the moment...jumping up and down

Lagos Styrax 14:11 GMT February 23, 2004 Reply   
Please any hint on usd/chf please?!

Barcelona JP 14:11 GMT February 23, 2004 Reply   
OK
GBP/USD is a short now.
S/L 1,8839
Target:1,8347

Eilat Dolphin 14:09 GMT February 23, 2004 Reply   
Valdez/ Relax...

Barcelona JP 14:08 GMT February 23, 2004 Reply   
I am tired, exhausted. What a day doday!!!!

Up and down; down and up. Volatility at its highest level.....

Is Forex a turtle?

beirut jb 14:08 GMT February 23, 2004 Reply   
cairo asamir 13:58

eur/$ : buy 12550 hold or 12590 break

r sell 12550 break

sell$/yen on rejetion of 10850 or 109, 110 is a great sell

I favorise $ short at least until 126.5 test and 107.5 test

lugano rob roy 14:07 GMT February 23, 2004 Reply   
Bought $/chf here 1.2550 s/l 1.2475, ob 1.2725

nyc jk 14:04 GMT February 23, 2004 Reply   
very good then cal, well maybe will go up a bit more first and you can tp then will go down and I can tp lol. thanks for the ideas, I notice you have put up some good trades in the past, cheers.

Amsterdam 14:03 GMT February 23, 2004 Reply   
Quito, your scenario is a reason to sky rocketing prices for XAU (GOLD) and not for EUR as also the EUR is only a currency.

what ever can happen is US city may happen in any other city (EU city), EUR & USD represent territory, XAU does not.

usa monster 14:03 GMT February 23, 2004 Reply   
any website where i can see live gold price?

chicago cal 14:01 GMT February 23, 2004 Reply   
jk, yea that's why i put in a tight s/l if i'm wrong i'll lose a little if i'm right i'll make a lot

another trade to consider for cable fans is a buy on a break above 1.8700 for 1.8850/1.9000

gl,gt

cairo asamir 14:01 GMT February 23, 2004 Reply   
hk , ur short on aud was right , however i didn't catch it so do u have any transactions now that u are going to make as i need to strenghten my acct as it is a very weak acct now

Quito Valdez 13:59 GMT February 23, 2004 Reply   
Not to spam this bulletin board but another factor in FOREX is continued terrorism in the USA. The bungling intel agencies there (very evident now that the Iraq weapons of mass destruction bungle is out and 9-11 could have been prevented!) have uncovered (Reuter's) a wad of clandestine activity aimed at the USA -which they've fettered- and made arrests, but think of what the bungling idiots DON'T know about. I'd say it's at least 1:1, probably 1:3 (know:don't know) There are 11 suitcase ex-soviet nukes out there still, unaccounted for and in Arab hands according to Chechens who sold them (caught-confessed)..again, Reuter's. If just one pops in a big city an estimated 300k people fry/die within 1 second to 45 days and a city/county/state is contaminated like Hiroshima. End of story.

2.5 tons of contraband drugs are imported evry day (or less)to the USA and an estimated 250-300 illegal immigrants also, it would be EASY to import a suitcase item and a person to touch it off. Or two. ..uh...we're looking at an instant plumeting dollar if that hideous scenerio does happen. And an impact worldwide. Metals, food futures will shoot up instantly so you might thrust some into your portfolio just as a back log.

Variables albeit radical variables such as above can happen instantly with no warning incl bulletin board warning, and wham-o, your dollar investments and stocks are history and the Euro shoots to orbiting altitudes. So keep aware of radicals and keep your ear to the news and your finger on the sell button. Personally I don't feel USA terrorism is anywhere near over, hopefully I am very wrong but take it from an ex intel guy...look under the rocks of the middle east deserts for surprizes. It ain't over til the fat lady sings. I'm very pro USA but very realistically fearsome of middle east fanatics. Wrongly but for a fact they believe in what they think and if they'll commit suicide to take out 6 coalition troops with a car bomb, they'll commit suicide to take out west Los Angeles. Or the towers/Pentagon.

I live in Ecuador, S.A. where at least 50 Ecuadorians illegally go to the USA to work each week. Arabs right now are seeking South Am. countries (Guayaquil Ecuador USA Consulate news) to enter Ecuador illegally (very easy!!) then travel via human trafficers to the USA. Cost: $10k. Not much. One brown skinned black haired brown-eyed person in reality looks about the same as the next Ecuadorian/Latino and human trafficers simply don't care. Thimk about it.

cairo asamir 13:58 GMT February 23, 2004 Reply   
beirut jb 13:52 GMT February 23, 2004

hello , can u advise me with a transaction to make now , as my acct is very weak and iam trying to strenghten it

beirut jb 13:52 GMT February 23, 2004 Reply   
hi traders,

my analyse for the market didnt change since last post on friday,

beirut jb 17:29 GMT February 20, 2004
eur/$ update,

short $ here is a low risk trade inspite of this bg drop last 2 days,

market dont go straight up or straight down

monday euro will probably pop ,

in ranging mode it may pop until 129 hi again

in reversal mode ( what evrebody is screaming now ,the same people scream long when it pop 40~500pip lol) it should test at least 12650 to 127 before dropping again

Take care

GL GT

Melbourne 13:50 GMT February 23, 2004 Reply   
usd/chf must take 1.2680 in quick order for last week's dollar move to be sustainable.

Livingston nh 13:50 GMT February 23, 2004 Reply   
vilnius george - the USD is more than interest rates especially with the funds rate and treasuries at these low levels -- the reserves held by China and Japan play very heavily into the interest rate picture (rate hikes depress the value of the reserves)// USD rally for next few months could be shot down by a rate hike

nyc jk 13:49 GMT February 23, 2004 Reply   
cal looks to me like this retracement running out of steam on the EUR, I just sold some @ 80, would be surprised to see even 1.2600 today, but that's what makes a market I guess.

Stockholm za 13:49 GMT February 23, 2004 Reply   
JP 13:39 GMT >>> ( 26 L for 24-30 ) = Russian rolet or bad MM ???

Barcelona JP 13:47 GMT February 23, 2004 Reply   
US banks are buying dollars. Why?

UBS Warburg

Vilnius george 13:43 GMT February 23, 2004 Reply   
for all who believe in dollar bulls:
The main question for FEDs is -
how to rise interest rates, without rising dollar's value. lol

Nottingham 13:43 GMT February 23, 2004 Reply   
cad...some stops prob in 335x/336x's but see support at 3338...if fails to hold will prob spark some further selling and risk move to 3286...that ought to see buyers return but since close to friday's low, tide may well have turned by then (sentiment wise)...think it remains a buy on sell-offs rather than chasing up-ticks, with the level of purchase itself not relevant, only that fact that prices have run lower 50-100 pips reasonably quickly...gl gt

Barcelona JP 13:41 GMT February 23, 2004 Reply   
Ocean Jaws 13:38 GMT February 23, 2004
When you all decide to swim together, rather than go away, I will have an extraordinary feast

Don't be greedy. Let us an arm at least. OK?

hk ab 0.66 13:41 GMT February 23, 2004 Reply   
short aud .7752.

hk ab 0.66 13:41 GMT February 23, 2004 Reply   
BOJ in action?

chicago cal 13:40 GMT February 23, 2004 Reply   
i longed euro earlier with a tight stop it's not too late though 1.2650 may be in play today maybe 1.2700

Barcelona JP 13:40 GMT February 23, 2004 Reply   
Before doing so, look at eur/usd.

Barcelona JP 13:39 GMT February 23, 2004 Reply   
There is a nice trade of 30 pips right now.

Go long USD/JPY at 108,16.
Target: 108.40/46.
S/L 107,90

Ocean Jaws 13:38 GMT February 23, 2004 Reply   
When you all decide to swim together, rather than go away, I will have an extraordinary feast!

Barcelona JP 13:35 GMT February 23, 2004 Reply   
OK, eur/usd hasn't got enough power to break 1,2608.
Do not get nervous. We can not swim yet. The sea is full of sharks. They are waiting. But when all of us together decide to swim, they will go away and we'll have the way down free of barriers.

Quito Valdez 13:33 GMT February 23, 2004 Reply   
That message texted in blue below by GVI (thank you!) makes a lot of sence but then again it's from the gurus (whom I respect). I've gotta give that my best eye. Bank of Montreal still says 1.35USD/EURO by year's end but that's down from 1.40, so they've tucked in their horns a bit. And I've gotta see that this crazyness is stop driven as was told to me below and there's a fininte amount of stops out there to trip. I think we'll see a smoother wave pattern emerging as these stops activate thusly self destructing, and profit taking is done on that round the time being. There's no terrorist threat to Japn that's been barfed by the media (who..what?) and the USA does want jobs as priority (election year fodder) and doesn't want to lose that coveted hard to get export flow (to solve the monsterous trade deficit, lubricated by a low USD (more election year fodder). And it's good for the USA too...a sweet pill of recovery and JPY and Yuan (more or less pegged to the USD). So yes, the buck will slide in the long run given this data and I don't see any resistance overall in the next 6 months til we hit 1.32-1.35, even from the ECB. Commentz?

Stockholm za 13:22 GMT February 23, 2004 Reply   
EUR/USD......Also ema ( 5 ) press with ema ( 55 ) on balance..
Center of gravity ~12556..... at the moment....

SA getFX 13:17 GMT February 23, 2004 Reply   
Euro pivot calculated at 1.2594, Channel at ~1.2620 ....

Chambery FR JFB 13:16 GMT February 23, 2004 Reply   
Barcelona JP 13:07 GMT February 23, 2004
:-)

phils VL 13:15 GMT February 23, 2004 Reply   
eur/usd short term looks overstretched again.... currently capped by 2hrly 20ema acting as a moving resistance which has moved down from 1.2610 to ard 1.2582, frm my post several hoours ago...

hk ab 0.66 13:12 GMT February 23, 2004 Reply   
nk, what do you think about today?

Global-View Gendk Offer 13:08 GMT February 23, 2004 Reply   
ONE DAY ONLY!

To promote the addition of email alerts to the Gendk Trading Signals service, we are offering a special 2 for the price of 1 month subscription but only if you sign up today (this offer is not available to existing subscribers). To sign up, send an EMAIL

Barcelona JP 13:07 GMT February 23, 2004 Reply   
Chambery FR JFB 12:50 GMT February 23, 2004

NO. If 1,8839 breaks, the counting is UP!!!!!!!

phils VL 13:06 GMT February 23, 2004 Reply   
eur/usd

changed half of limit sell entry order to 1.2625, other half remains unchanged at 1.2595. s/l remains unchanged.

GL

hk ab 0.66 13:05 GMT February 23, 2004 Reply   
party is over, US sets in.

Chambery FR JFB 13:04 GMT February 23, 2004 Reply   
Barcelona JP 12:57 GMT February 23, 2004
You're right... if 1.8838 breaks, the counting is down :-(

Porto PJT 13:00 GMT February 23, 2004 Reply   
cumino, viies, or other eur/sek trader, any view on eur/sek medium term?tia.

hk ab 0.66 12:59 GMT February 23, 2004 Reply   
place limit short eur 1.2610 with a 25 s/l.

Nottingham 12:58 GMT February 23, 2004 Reply   
nzdusd...high for day is just above my 1st o/s level, suggesting strong momentum sell-off...so far with today as witness we have not seen such...if this continues to be the case then high probability that pair moves to to 6872/85 area before today is out as it is rare for pair to not trade above my 1st o/s and in all case that it has, it happened during a sharp negative trend...gl gt

Barcelona JP 12:57 GMT February 23, 2004 Reply   
If it does so, we are not going to see a 5: we've seen a three (A-B-C). So, we'll see GNP/USD over 2.0000

Barcelona JP 12:55 GMT February 23, 2004 Reply   
Chambery FR JFB 12:50 GMT February 23, 2004

We have W 1 from 1,9141 to 1,8839.
W2 from 1,8839 to 1,9008.
W3 from 1,9008 to 1,8454 ?

Wave 4 now can not trade over 1,8839 if we follow Elliot rules.

Chambery FR JFB 12:50 GMT February 23, 2004 Reply   
Barcelona JP 12:38 GMT February 23, 2004
don't want to argue :-) but... Elliott says the trend channel is normally drawn from wave 1 to 3 and 2 to 4... thus the 1.8747 point on the descending parallel t/l drawn after lows @1.8838 and 1.8455. That's a mistake I often made to draw a channel from the origin of the wave (wave 0?) As well, I would say that wave structure is false if wave 4 (the one we are in) retraces above 1.8997... as always, imvho of course :-)

hk ab 0.66 12:48 GMT February 23, 2004 Reply   
Hope the grannies can wake up from their dream on time, otherwise, too many hearts will be broken.

Barcelona JP 12:48 GMT February 23, 2004 Reply   
Mr Bubble speaks at 15:15 GMT.

I think USD/JPY is a buy at 108,16.

Barcelona JP 12:47 GMT February 23, 2004 Reply   
The question here now is:

Would eur/usd hit 1,2609-1,2648?

If you want a lot of risk, short it now. If you want less risk, wait until hits 1,2479.

As for the bulls, wait until trades over 1,2712.

I haven't got an oracle at home, so I could be wrong.
Take care and look at your own tools and youraccount balance.

Quito Valdez 12:43 GMT February 23, 2004 Reply   
Thanks Boca, now that I look at it I feel U're very correct due to the haphazzard very choppiness of this A.M.'s trading..like on Friday. Stop driven.

hk ab 0.66 12:42 GMT February 23, 2004 Reply   
small long dlr/cad 1.34

Barcelona JP 12:41 GMT February 23, 2004 Reply   
Next barriers in eur/usd: 1,2609-1,2648.

If it gets to the highest one, eur/usd is a short. S/L 1,2703.
Target: 1,2350

Barcelona JP 12:38 GMT February 23, 2004 Reply   
Chambery FR JFB 12:35 GMT February 23, 2004
Barcelona JP 12:31 GMT February 23, 2004
Hi JP... I would even say GBP can not trade over 1.8747 imvho :-) GT

Agree. But, by Elliot, if it traded over that level (the one I said), the drop would be void

B.A. BOCA 12:38 GMT February 23, 2004 Reply   
Quito// I think the big money is happy to watch as well... the latest moves were stop-driven and long-liquidation, not really new positions being taken in favour of the dollar. there are only so many stops to trip out there, and right now the topside ones are looking vulnerable....could see euro 126,90 if things pick up.

hk ab 0.66 12:37 GMT February 23, 2004 Reply   
nt, my patience is going to this chf tonight.

long first lot 1.2550 and kept the two old lots.

hk ab 0.66 12:36 GMT February 23, 2004 Reply   
time is close.

Chambery FR JFB 12:35 GMT February 23, 2004 Reply   
Barcelona JP 12:31 GMT February 23, 2004
Hi JP... I would even say GBP can not trade over 1.8747 imvho :-) GT

GVI john 12:34 GMT February 23, 2004 Reply   
For information on how you can access GVI, contact [email protected]
STRATEGY SESSION --New York Open
Opening Levels:
eur/$ 1.2560…$/yen 108.35
DJIA +19 pts… 10-yr 4.10%, 0 bp
PERSONAL OPINIONS:
For a broad range of opening levels click on GVI’s “Market Snapshot”:
CLICK HERE
These have been nasty conditions for those hanging onto dollar shorts or for those trying to establish new short positions. I frankly do not see much here that has changed. If you take a look at a daily eur/$ chart back to October of 2002, you will see a trading pattern similar to the one we are in now. The eur/$ strengthened from October, 2002 until February, 2003, and then congested until about April, 2003 and then resumed its uptrend. The months for the current pattern are roughly the same just change the years to 2003 and 2004.

Does anybody know if this is a seasonal pattern? I don’t know if the pattern is going to repeat, but I do know from past history that the length of a trend move has a proportional impact on the length of consolidation periods. In short, I feel that we are merely in a consolidation pattern now. This is probably not the start of a new trend, but consolidation can last for a long time.

Bottom line, so far I have seen no reason for the basically weak pattern of the dollar to end, but I see no reason why consolidation should end quickly. You might now start looking for a trigger for the next dollar down wave. So far, we have seen nothing to suggest that those factors that have been weighing on the U.S. currency will abate. The U.S. still wants its currency weaker, and the twin deficits are not improving.

We have seen little to reinforce a tabloid report that UBL has been surrounded in the mountains of Northern Pakistan. Nor have we heard much on the reasons for the increased terror alert status in Japan.

No key data are due today. But FRS Chairman Greenspan will make his first of four appearances this week. The markets are waiting for any comments that could suggest that higher U.S. rates could eventually be in store. We feel the Fed’s focus is still job creation. Also, Secretary Snow will be speaking. He might try to nudge the currency lower again?
CALENDAR:
MONDAY, FEBRUARY 23, 2004
No key data due

TUESDAY, FEBRUARY 24, 2004
04:00 GMT- JPN- 30-YR government bond auction result
09:00 GMT- GER- Feb IFO Business Climate Survey: vs. 97.4 in Jan
GER- Feb preliminary CPI (date/time approx): vs. +0.1%, +1.2% in Jan
15:00 GMT- US- Feb Conference Board Consumer Confidence: vs. 96.8 in Jan, see 94.5

WEDNESDAY, FEBRUARY 25, 2004
23:50 GMT- JPN- January Trade, vs. +Y1.22 tln in February
23:50 GMT- JPN- January Retail Sales
00:30 GMT- AUS- 4Q03 Wage Cost Index, vs. 3Q03 +1.0%
00:30 GMT- AUS- 4Q03 Building Work Completions, vs. +1.1% in 3Q03
07:45 GMT- FRA- Jan final CPI
09:30 GMT- UK- 4Q03 (seond revision) GDP: vs. prelim +0.9%, +2.5% y/y
12:00 GMT- US- MBA Refinancing Index
14:30 GMT- US- API/DOE Weekly Energy Inventories
15:00 GMT- US- Jan Existing Home Sales: vs. 6.470 mln in Dec, see 6.290 mln

THURSDAY FEBRUARY 26, 2004
23:50 GMT- JPN- January Corporate Services Prices, vs. -0.8% y/y
BOJ MPC Meeting
00:30 GMT- AUS- November Quarter AWOTE, vs. +0.6% in August Qtr
11:00 GMT- EUR- Nov-Jan M3 (money supply): vs. +7.6% y/y in Oct-Dec
11:00 GMT- UK- Feb CBI Industrial Trends Survey
13:30 GMT- CDA- 4Q03 Current Account vs. C$7.3 bln
13:30 GMT- CDA- December Retail Sales, vs. -0.3%
13:30 GMT- CDA- December Wholesale Sales, vs. -0.1%
13:30 GMT- US- Weekly Jobless Claims
13:30 GMT- US- Jan Durable Goods Orders: vs. +0.3% in Dec, see +1.5%
15:00 GMT- US- Jan New Home Sales: vs. 1.06 mln units in Dec, see 1.06 mln

FRIDAY, FEBRUARY 27, 2004
23:30 GMT- JPN- February Tokyo-Area CPI, vs. -0.3% y/y
23:30 GMT- JPN- January Jobless rate, 4.9%
00:30 GMT- AUS- December Private Sector Credit, vs. +1.2% in November
07:45 GMT- FRA- Jan Unemployment Rate: vs. 9.7% in Dec
11:00 GMT- EUR- Jan final CPI: vs. preliminary +2.0% y/y in Dec
11:00 GMT- EUR- Feb preliminary CPI
11:00 GMT- EUR- Feb Business Sentiment: vs. -7 in Jan
11:00 GMT- EUR- Feb Consumer Sentiment: vs. -16 in Jan
13:30 GMT- US- 4Q03 GDP revision: vs. preliminary +4.0%, see +3.6%
13:30 GMT- CDA- 4Q04 GDP, vs. +1.1% p.a
14:45 GMT- Feb University of Mich Consumer Sentiment: vs. 93.5 in early Feb, see 93.0
15:00 GMT- Feb Chicago PMI: vs. 65.9 in Jan, see 63.6

Barcelona JP 12:32 GMT February 23, 2004 Reply   
Has anyone the rate now of US Dollar daily continuation?

Barcelona JP 12:31 GMT February 23, 2004 Reply   
GBP/USD is a sell at 1,8664.

GBP/USD can not trade now over 1,8839.

Quito Valdez 12:27 GMT February 23, 2004 Reply   
de nada G-man :)

Stockholm za 12:26 GMT February 23, 2004 Reply   
CHF/JPY…… R & S zoans

Today(8721-8697)(8673-8665)-8634-(8602-8595)(8571-8547)

WeeK(8902-8826)(8750-8726)-8626-(8526-8502)(8426-8350)

Dallas GEP 11:00 GMT >> It`s all good… it was ( HKG SH 04:11 GMT ) That had to define his concept of what a bounce is , after presenting a counter educative post after yours..
Happy trades…….

sheffield G-Man 12:26 GMT February 23, 2004 Reply   
Thx for the coffee V !! Need something to stay awake.

hk ab 0.66 12:23 GMT February 23, 2004 Reply   
cool, eur/gbp comes back again.

wait for some small profit take on this pair.

Quito Valdez 12:19 GMT February 23, 2004 Reply   
There is some BIIIIIIG money playing today in a very suspicious coordinated fashion..watch out for your donkies, they're shooting live rounds.

Quito Valdez 12:06 GMT February 23, 2004 Reply   
But then again with a pip a minute action here, it looks like the test for euro/usd is pretty predictable today as well as the temporary support..so if you've got a quarter mil or more to play with you could make a little change. Afterall each 10 pip range would make you $250...not much in relation to 1/4 mil of capital but if it continues to hickup all day, not bad really...look at the last hour...

Gen dk 12:04 GMT February 23, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Quito Valdez 12:00 GMT February 23, 2004 Reply   
Valdez pours G-man a nice cup of Ecuadorian espresso :)

Quito Valdez 11:59 GMT February 23, 2004 Reply   
the graph this morning for euro/usd looks like a graph on steroids...there'll be a LOT of money gained and lost today and lost by experts as well...this is about as stable as nitroglycerine on a hot summer's day. I'll watch but not trade...time for my espresso anyway.

sheffield G-Man 11:58 GMT February 23, 2004 Reply   
Hi Valdez...sorry, the Uruguay thing was a ref to your typo "UCB" !! Agree the euro market a mess right now and I'm with you - standing aside for now.

hk ab 0.66 11:56 GMT February 23, 2004 Reply   
Hmm... Can dlr/cad make new high?..

Hm..

Nottingham 11:53 GMT February 23, 2004 Reply   
Dallas GEP 11:47 GMT

that used to happen with cable and usddem...when the two touched you'd short cable and long the other...on some occasions they'd cross; can't remember the details but that would often create sharp weakning of $ against both

Dhahran maz 11:53 GMT February 23, 2004 Reply   
Hello ppl.
What r the basic indicators should a new trader look at?
Thank you & good luck

Quito Valdez 11:51 GMT February 23, 2004 Reply   
HI Gman, I'm in Ecuador, not Uraguay, dunno anything about Uraguay central bank actually...

I'm from Calfornia originally, retired, do day trading and some forex...but 10 pips in 10 minutes with USD/EURO is totally nutz...staying out of this incindiary pen til things bottom out at EURO =1.23+ USD, then might enter back with a buy of Euros to ride the EURO horse uphill for longs. Well, that was my original plan Friday anyway but since I've read now that the USD is UNDERVALUED, sheesh, what to do? This USD/Euro market to me looks way to volitile and full of so many variables and reserves that I'm not going to trade today at least unless/until something very wild happens.

hk ab 0.66 11:50 GMT February 23, 2004 Reply   
palce new order to buy aud/nzd 1.1260.

Dallas GEP 11:47 GMT February 23, 2004 Reply   
Eur/USD and USD/CHF are almost EXACTLY the same price.

B.A. BOCA 11:46 GMT February 23, 2004 Reply   
good day all.....price action today has seen news lows made, and then bounce back sharply as o/s studies correct...maybe for another downside push? euro, cable, now becoming o/b intra-day, so we will see soon where this market wants to go. probably another push down and range-trading for today.

Gl

Melbourne Qindex 11:44 GMT February 23, 2004 Reply   
Melbourne Qindex 11:43 GMT February 23, 2004
USD/JPY : The lower barrier of my daily cycle is positioning at 108.14 // 108.31 and the upper barrier is expected at 109.36 // 109.53. The market rhythm of my daily cycle is represented by 0.1747.


... 107.96, 108.14 // 108.31 - 108.49 - 108.66 - (108.84) - 109.01 - 109.19 - 109.36 // 109.63 ... 109.88 - 110.06 ... 110.58 ... 111.11 ...

sheffield G-Man 11:41 GMT February 23, 2004 Reply   
Thx Valdez - for a moment there I was wondering what the Uruguay Central Bank had to do with it...:)

Quito Valdez 11:41 GMT February 23, 2004 Reply   
Deutsche Bank....uh, they should know....thanks for the info!! Yep, 1.23+ now looks like the new horizon to me...4 sure. I think we'd best buckle our seatbelts for the dive to 1.23+

Quito Valdez 11:37 GMT February 23, 2004 Reply   
oops..UCB = ECB, excuse my typo!! :(

Nottingham Daniel 11:37 GMT February 23, 2004 Reply   
Interesting remark from Deutsche Bank this morning! if I may share this with you! (EuroUSD)

Currently look to retreat to 1.2345/50 Support @ 1.2385/95 - euro revival not anytime soon
R - @ 1.2635/45

Quito Valdez 11:34 GMT February 23, 2004 Reply   
G'mornin' all! So everyone thinks that GS comment of undervalued USD is the root of the USD hike? Remember the UCB's warnings? Let's see a show of hands, who thinks it's a BIG USD RESERVE (like the ECB or Japan) who's hiking the USD...

Nottingham 11:28 GMT February 23, 2004 Reply   
Dallas>>>>>some of this migh sound familiar...wk commencing 12/01/04 euro makes new 52 week high of 1.2899 but then sells off 6 figs to close week within a few pts of the week's 1.2352 low...the following Monday not much happens although a slightly lower low is made, but before week is thru euro had traded up to almost 1.28...the following week retests 1.23xx lows...gl gt

Eilat Dolphin 11:27 GMT February 23, 2004 Reply   
GEP/ Hi! Chess is only chess... FX is chess, poker... and roulette.

Dallas GEP 11:24 GMT February 23, 2004 Reply   
The greatest Chess Match in the World....FX trading.....LOL

Dallas GEP 11:20 GMT February 23, 2004 Reply   
We have had some obviously significant movement short on Euro and pound last couple of days but as I mentioned earlier movements are never straight line so the possibilty exists that an attempt may me made to run stops on these shorts BUT it's all but inevitable IMO that we will see 1.23's this week. One could start layering in shorts from here but I would not FULLY committ to the shorts until the market is a little less mixed chartwise.

LDn 11:11 GMT February 23, 2004 Reply   
Something else to feed USD bulls. GS says according to its methodolgy USD slightly undervalued, not overvalued, against major currency counterparts other than the CNY. It put fair value at 1.16 to EUR, 109.20 versus the JPY and 1.47 to the CAD.
RTS.

Melbourne 11:10 GMT February 23, 2004 Reply   
while 1.2580 caps usd/chf, testing 50 again will be s/t dollar negative. bears can expect a dip down to 1.2480

london richard 11:03 GMT February 23, 2004 Reply   
any one with comments on gold
i am long
looking for 402
tia

Dallas GEP 11:00 GMT February 23, 2004 Reply   
ZA, A bounce up would be 1.2576 at this time IMO However, MACD doesn't support selling at this juncture so I will wait for now but if you wanted to be very aggressive you COULD go short now but your stop would need to be pretty wide.

Gold Coast martin 10:55 GMT February 23, 2004 Reply   
read thr message i posted earlier today...

Euroland 000 10:52 GMT February 23, 2004 Reply   
So, Martin, let's say you are right, at what level will you consider you are wrong? your stop? THX

LAX-LGB SNP 10:52 GMT February 23, 2004 Reply   
OMIL - trying for 1.26-1.22 range ... suggest you watch weekly price react to 21/50 SMAs since take-off past 0.90

BTW new NFS:U rawks but NFS:HP2 still a classic (cheap too)

Saihat 10:51 GMT February 23, 2004 Reply   
aud short (demo)

at .7760 ....or ..7810..... or .7838

Swakopmund Liz 10:47 GMT February 23, 2004 Reply   
Gold Coast martin 10:41 GMT February 23, 2004
martin, you think that might be around Cristmas time? (joke);)

Brissy JM 10:45 GMT February 23, 2004 Reply   
Does anyone have a suggested entry level for AUD short. I am looking for 7745 but it just missed earlier... Thanks

Gold Coast martin 10:41 GMT February 23, 2004 Reply   
be patient people.The euro is going south to visit santa claus again....

Global-View Gendk Offer 10:33 GMT February 23, 2004 Reply   
ONE DAY ONLY!

To promote the addition of email alerts to the Gendk Trading Signals service, we are offering a special 2 for the price of 1 month subscription but only if you sign up today (this offer is not available to existing subscribers). To sign up, send an EMAIL

Eilat Dolphin 10:33 GMT February 23, 2004 Reply   
kl/ Since you asked, here is Greenspan speach preview: " The pace of the US economy tends to suggest that it will behave just like I said two days ago, four days ago, seven... ... ...; or in other words that I have no bias to add to my former unbiased views, FWIW!"

hk ab 0.66 10:31 GMT February 23, 2004 Reply   
ok, gecko, I may see a chance to exit on some dips.

van Gecko 10:22 GMT February 23, 2004 Reply   
ab 0.66 09:17 morning.. thanks.. fwiw..eur/gbp rarely rise or decline more then 3 figures in consecutive months without making some sort of retracement.. there's a good a cluster of monthly & weekly ma support here at the 6700/50's...

cairo asamir 10:17 GMT February 23, 2004 Reply   
Barcelona JP 10:07 GMT February 23, 2004

when USA mkt will open

Melbourne Qindex 10:16 GMT February 23, 2004 Reply   
EUR/USD : the following minor curve is giving the market a problem.

Melbourne Qindex 08:19 GMT February 23, 2004
EUR/USD : 1.2391 - 1.2474 - 1.2556

hong kong nt 10:13 GMT February 23, 2004 Reply   
ab -- dlr/cad 1.335-1.370 weekly range...

Melbourne Qindex 10:11 GMT February 23, 2004 Reply   
EUR/USD : The following curves are governing the downward trending movement of the market. Speculative selling will increase if the market is trading below 1.2542.


Set A : 1.2321 - 1.2445* - 1.2570
Set B : 1.2385 - 1.2474* - 1.2563
Set C : 1.2261 - 1.2416* - 1.2572
Set D : 1.2391 - 1.2467* - 1.2542

Barcelona JP 10:07 GMT February 23, 2004 Reply   
cairo asamir 09:58 GMT February 23, 2004
Barcelona JP 09:51 GMT February 23, 2004
firstly hello and good morning,

what transaction can one make now , taking into consideration that i am a very small acct that can help me out


CAIRO asamir:

Try a short eur/usd at 1,2479. Go for 10 pips and trail your stop.
GBP/USD: short it at 1,8539. Go for 10 and trail.

But take care. USA will make the move.

Nottingham 10:07 GMT February 23, 2004 Reply   
hk ab 0.66 10:00 GMT

Friday saw my 1st o/b level breached by only a few points and that was on a very good day for the dollar across the board...and even then my 1st o/b level was breached by only a few pips before a large 150 pip correction played out...the o/b levels I have given are as far as today is concerned...gl gt

k'la kl 10:04 GMT February 23, 2004 Reply   
UP for EURUSD or Down?

k'la kl 10:03 GMT February 23, 2004 Reply   
Looks like entry stops at 1.2570 for EURUSD are holding for-now
what do you guys think about Uncle G/pan speech today?

hk ab 0.66 10:00 GMT February 23, 2004 Reply   
Not//
Thanks for the sharing.

IMVHO, dlr/cad 1.358x will not be a sharp panic.

1.38 maybe.

cairo asamir 09:58 GMT February 23, 2004 Reply   
Barcelona JP 09:51 GMT February 23, 2004
firstly hello and good morning,

what transaction can one make now , taking into consideration that i am a very small acct that can help me out

hk ab 0.66 09:57 GMT February 23, 2004 Reply   
nt, sell one lot eur/gbp here .6751

Nottingham 09:57 GMT February 23, 2004 Reply   
hk ab 0.66 09:49 GMT

Now that cad approaching that key 3420/440 res (former highs/200sma/retracement zone etc), it no longer looks out of line with the majors...continued carry trade support may force it thru this tough res but imo majors need to lose ground to $ for break to happen...if break does occur, expect a sharp (if not as violent as Friday) move higher as traders panic...1st o/b 3505 2nd 3585...gl gt

Melbourne Qindex 09:56 GMT February 23, 2004 Reply   
EUR/USD : A projected resistant level has been established at 1.2563 - 1.2570.

hk ab 0.66 09:56 GMT February 23, 2004 Reply   
a failure of eur/gbp can be a sign of further wweakness of eur. Eur can have a chance for north play if it breaks .68 the former strong support.

cairo asamir 09:56 GMT February 23, 2004 Reply   
Barcelona JP 09:51 GMT February 23, 2004
firstly hello and good morning,

what transaction can one make now , taking into consideration that i am a very small acct that can help me out

Miami OMIL 09:52 GMT February 23, 2004 Reply   
SNP, what entry level are you looking for on the eur/usd if you don't mind me asking? (/;-> tia

Barcelona JP 09:51 GMT February 23, 2004 Reply   
If you like risky business, here you are.

Buy USD/JPY at 108,16.
S/L: 107,66
Target: 108,90

I'm not going to do it, but if you can not wait...........

LAX-LGB SNP 09:49 GMT February 23, 2004 Reply   
have decided to use a slightly new system for the majors ... keeping it simple obviously but so far price is far from my ideal entry levels so just watching for now

hk ab 0.66 09:49 GMT February 23, 2004 Reply   
nt, any idea on the dlrcad?

Barcelona JP 09:47 GMT February 23, 2004 Reply   
Barcelona JP 21:02 GMT February 22, 2004
Barcelona JP 10:39 GMT February 22, 2004
Hi to all!!!

We have a very easy proxy to see if we are going to have a hard way down.
Look at USD index. Friday closed at 87,40.
Well, if it trades and close over 88,07, we'll have a very big and hard fall in all the pair against $.
So, take care.



Barcelona JP 21:00 GMT February 22, 2004
Barcelona JP 12:52 GMT February 22, 2004
Asia might take EUR/USD lower first thing Monday to clean out stops between 1.2475 and 1.2490. The major support is 1,2350. If 1,2350 holds, we coulg go in a retracement to 1,2700.
As I said, the biggest risk in that business is that USD index cracks 88.07. If that happens, the EUR, GBP and AUD get killed.

Barcelona JP 09:44 GMT February 23, 2004 Reply   
Lagos Styrax 09:30 GMT February 23, 2004
Barcelona JP 08:47 GMT
Are you still shorting eur/usd?

I didn't short euro/usd yet!!!!

Now, I'll will wait for usa.

REMEMBER: IT CAN NOT TRADE OVER 1,2661!!!!!!!! if we want it down to 1.2350 at least.

Nottingham 09:43 GMT February 23, 2004 Reply   
Atlanta 09:35 GMT

Much evidence of aud/nzd cad carries being put on today + late friday, taking advantage of cheaper levels...US rates argument not relevant here so in demand

Barcelona JP 09:41 GMT February 23, 2004 Reply   
Isn't that amazing?

The high of eur/usd has been 1,2571. GREAT.

We think we got it.

Melbourne Qindex 09:39 GMT February 23, 2004 Reply   
EUR/USD : 1.2321 - 1.2445* - 1.2570

hong kong nt 09:38 GMT February 23, 2004 Reply   
hope dlr/chf 1.250-1.285 may work this week

Atlanta 09:35 GMT February 23, 2004 Reply   
AUD/USD: Carry Trades Losing Their Attraction ifr

Saihat 09:33 GMT February 23, 2004 Reply   
usdchf may go >>1.2520

Lagos Styrax 09:30 GMT February 23, 2004 Reply   
Barcelona JP 08:47 GMT
Are you still shorting eur/usd?

hk ab 0.66 09:24 GMT February 23, 2004 Reply   
Quick Q: What is the cad telling?

Hehehe.

bc//was the eur pushed up by european boys now?

hk ab 0.66 09:17 GMT February 23, 2004 Reply   
Gecko, how are you? Welcome back to gv.

I think using option is safer for some trades.

1 month - 2 months one are v. good to master.

Rivonia PipPirate 09:10 GMT February 23, 2004 Reply   
Barcelona JP 08:47 I agree else might get caught with your pants down:-}

cairo asamir 08:57 GMT February 23, 2004 Reply   
usd/jpy what transaction can we make on it now , any one can advise

Barcelona JP 08:47 GMT February 23, 2004 Reply   
Ready to short eur/usd?

1,2571-12608. Do not do it without looking at your own tools!!!

Melbourne Qindex 08:43 GMT February 23, 2004 Reply   
EUR/USD : 1.2385 - 1.2474* - 1.2563

hong kong nt 08:34 GMT February 23, 2004 Reply   
ab -- long dlr/chf @ 1.2575

hong kong nt 08:32 GMT February 23, 2004 Reply   
ab -- long dlr/yen @ 108.25

Gold Coast martin 08:30 GMT February 23, 2004 Reply   
Appreciate that you remembered.....

Ldn 08:29 GMT February 23, 2004 Reply   
Gold Coast martin thanks for the tip, looking to sell aud perhaps may have to do it earlier

van Gecko 08:29 GMT February 23, 2004 Reply   
usd/jpy may be the gatekeeper here as to how far the dollar will correct on this round.. above 110 could send euro back below 1.23 in a hurry while giving up 108 again will see euro bulls start hollering for 1.30 again.. odds are not yet ready for a full blown dollar correction..fwiw..
cherrios..


sheffield G-Man 08:28 GMT February 23, 2004 Reply   
Thx Martin - good call friday btw

Gold Coast martin 08:26 GMT February 23, 2004 Reply   
prepare for another euro drop to .12420 half an hour into the NYC session with the AUD dropping back to .7580.

be careful out there G/L G/T

Melbourne Qindex 08:19 GMT February 23, 2004 Reply   
EUR/USD : 1.2391 - 1.2474 - 1.2556

Melbourne Qindex 08:16 GMT February 23, 2004 Reply   
EUR/USD : 1.2391 - 1.2467 - 1.2542

hk ab 0.66 08:10 GMT February 23, 2004 Reply   
BOJ will come in a "soft" way.

hk ab 0.66 08:10 GMT February 23, 2004 Reply   
think eur wants to strive for an up by striving the eur/gbp to touch the ceiling at .68.

Will try small short there.

phils VL 08:07 GMT February 23, 2004 Reply   
eur/usd

first limit sell 1.2595 and waiting, s/l abv 1.2660

hk ab 0.66 08:07 GMT February 23, 2004 Reply   
Noody, you are so cool, I hope that I can catch that as well.

Melbourne Qindex 08:07 GMT February 23, 2004 Reply   
USD/JPY : 108.00 - 108.46 - 108.91

Barcelona JP 07:53 GMT February 23, 2004 Reply   
Sorry: eur/usd can not trade now over 1,2661.

Barcelona JP 07:49 GMT February 23, 2004 Reply   
Good morning!!!
Well, I thing we got it.
Possible retracements of eur/usd:
1,2571-1,2608.
If it trades over 1,2693, cover your positions.
Target: 1,2350 at least.

MONACO OGA 07:49 GMT February 23, 2004 Reply   
FX UPDATE 23/02
Good morning,

***EUR***
EUR/USD (currently 1,2520), 170 pips lower than Friday opening. The pair cracked 1,2660 support with the US CPI confirming the weight of more expensive oil on consumer's budget. It appears the market realized all of a sudden that USD went too far too fast, not only against EUR, but against all other majors (JPY, GBP, AUD, CAD...) and paid attention to last week's ECB verbal warnings and BOJ's USD buying. Closing in NY was around 1,2530. Overnight the pair tried the downsides (low 1,2450) before rebounding to current levels ahead of Europe opening. Technically, EUR has room to retrace down to 1,2350 without endangering the long term bullish scenario. The market might experience some consolidation period for some time inside 1,20-1,30. Today we will favour range trading with purchases around 1,2450 for a target of 1,2620.

Data out today:

Mr Greenspan speaks 15.15 GMT

Gold around 399,50 , with WTI March at 35,77.

***JPY***
USD/JPY (currently 108,30) was the main mover again on friday. the japanese currency weakened another 1,5 big figures against the USD, biggest move on the upsides since April 2003. Players who sold in front of BOJ buying have been seen unwinding short USD/JPY positions. 109,25 was tested twice both Friday night and earleri this morning in Asian session. Short term support ahead of 107,60-80. We are neutral on the pair, however we like to stick to fundamentals and still believe the japanese authorities cannot keep the pair from falling below 100 in the medium term.
EUR/JPY (currently 135,70) heading towards 137,50.

***GBP***
Cable (currently 1,8580) printed a low of 1,8470 overnight, completing a 3,5% retracement from highs at 1,9140. 1,84-1,85 should provide some support for some time while resistance appears above 1,88.
EURGBP (0,6740) our medium term target is 0,6860, with a 0,6700 supportive zone.
Have a nice day,

Olivier

Spr NoodyG 07:48 GMT February 23, 2004 Reply   
AB got my bid at 108.05
host of stops once thru 108.50

Safes nonstop 07:43 GMT February 23, 2004 Reply   
London Hat, On the dailey, Cable has gone down and bounced from the 50 day SMA. Not so sure about your short.

Nottingham 07:41 GMT February 23, 2004 Reply   
Agree with melbourne... lows for today have been made imo...we fulfill technical requirements todays ie. up and then let's see tomorrow...best bet for $ strength would be cad imo which is capable of doing something today...gl gt

Melbourne 07:31 GMT February 23, 2004 Reply   
euro is not ready to go below 1.2450 from here.
anyone who hadn't short euro from higher up should wait till at least 1.2630/50

Ldn Hat 07:24 GMT February 23, 2004 Reply   
Still holding my previous short on GBP/USD, am shorting some more at 1.8570 target 1.8480 and stop 1.8650

Ldn 07:19 GMT February 23, 2004 Reply   
CRB Index: The important intraday level is 264.10. A steady-to-lower opening will suggest a renewed selloff

hong kong nt 06:56 GMT February 23, 2004 Reply   
ab -- waiting .7777 and .6888 to start our trades...

hk ab 0.66 06:56 GMT February 23, 2004 Reply   
european will come in soon, and those late Asian gambler will be washed out again.

wash,rinse.

hk ab 0.66 06:52 GMT February 23, 2004 Reply   
shoot, miss the chance to go long aud/nzd.

hong kong nt 06:51 GMT February 23, 2004 Reply   
ab -- we guess 108.00/50 is a buy today...

Ldn 06:50 GMT February 23, 2004 Reply   
Tom Hougaard 'sorry this is his name

Ldn 06:46 GMT February 23, 2004 Reply   
Tom Huggard of City Index
says we have seen the top in the Euro for now for this year infact

hk ab 0.66 06:46 GMT February 23, 2004 Reply   
the pity is that people forgot many spects join the short at 106.....

Tallinn viies 06:46 GMT February 23, 2004 Reply   
good morning fx world

sold euro at 1,2535. target 1,2450/55. after failing at new high last week, euro may need to dive little bit deeper. right now it seems to me that double top on daily euro chart could force the euro down to 1,2330/50 area...
gl

hk ab 0.66 06:45 GMT February 23, 2004 Reply   
anyone plannign to long dlr/jpy 108?

slv sam 06:19 GMT February 23, 2004 Reply   
good morning all. e/$ correction is over imho and it is back to biz.GT

WA Ken 06:17 GMT February 23, 2004 Reply   
Van jv
Mark Townsend and Paul Harris forgot said that the only safe place is Hades !!.
What a bull......hehehehehe.....

Van jv 06:15 GMT February 23, 2004 Reply   
sorry///05:37 meant for Pol.Forum

hk ab 0.66 05:56 GMT February 23, 2004 Reply   
jf, thanks for the valuable info.

dunno whether I can see my 0.66 in eugb or not.....this week.

SA getFX 05:49 GMT February 23, 2004 Reply   
Rakesh >
http://www.chartpattern.com/chart_patterns.html
http://www.equis.com/Education/TAAZ/
http://stockcharts.com/education/

hyderabad rakesh 05:43 GMT February 23, 2004 Reply   
hello all here really this forum is great..learning a lot from it...well i am a new baby t forex market can anybody suggest me good sites from where i can learn abt technical analysis and indicator and how to study charts..plzz post the info thanks...

Van jv 05:37 GMT February 23, 2004 Reply   
Observer/UK
Now the Pentagon Tells Bush:
Climate Change Will Destroy Us
Secret Report Warns of Rioting and Nuclear War; Threat to the World is Greater than Terrorism

by Mark Townsend and Paul Harris in New York

Climate change over the next 20 years could result in a global catastrophe costing millions of lives in wars and natural disasters.??????????

see: commondreams.org

Ldn 05:32 GMT February 23, 2004 Reply   
More signs noose may finally be tightening around bin Laden with CIA chief Tenet in unpublicized visit to Islamabad this month; he met senior Pakistani officials, with Pakistan now deploying thousands of troops in Waziristan, a known sanctuary for al-Qaida fighters and, possibly, bin Laden. Shows Pakistan's status as key U.S. ally, serves Islamabad's need to keep western borders well-manned vs any surge in Taliban activity; also reflects more-active regional role Musharraf has assumed since 2 assassination bids in December
reuters

Ldn 05:23 GMT February 23, 2004 Reply   
Greenspan speaking later today, tomorrow and Wednesday and there is European data out this week with German IFO

sarasota jf 05:11 GMT February 23, 2004 Reply   
take a day off and this is what happens - today ms sold large eurusd push to lows but asian cb came in buying size for option protection purpose - usdyen heavy offers 109.50 and gs buying some at 108.70 - mkt very jumpy so quick trades maybe the best ones

ATlanta 05:11 GMT February 23, 2004 Reply   
Did anything come of this Bin Laden 'surrounded'
http://www.sundaytelegraph.news.com.au/story/0,9353,8752173-28778,00.html

Ldln 05:02 GMT February 23, 2004 Reply   
Property auction clearance rate for Sydney market over weekend shows decline to 51% from 60% a week earlier. Data based on 200 properties offered for sale and is closely watched anecdotal indicator of demand

phils VL 05:00 GMT February 23, 2004 Reply   
Eur/usd

macd below post refers to macd histogram..

phils VL 04:58 GMT February 23, 2004 Reply   
Eur/Usd

now undergoing a mini technical rebound frm bullish divergence stox and macd (10' charts) but capped by 30min 20ema. The 1 and 2 hrly charts are also showing a possible bullish divergence on stox and macd and a tech rebound shud occur ..... overall still bearish.... fwiw

phils VL 04:50 GMT February 23, 2004 Reply   
Eur/Usd

Intraday
Except for the resisatnce barriers at 1.2645, and 1.2715 there are no strong lvls in between. Therefore suggest watching the moving res. lvls of 1 and 2 hrly 20ema forecasted ard 1.2540 and 1.2595, for potential shorting.

On the downside, watch a break of 1.2450 targetting 1.2335/50.

Ldn 04:44 GMT February 23, 2004 Reply   
AUD offers building 0.7740/60

Ldn 04:42 GMT February 23, 2004 Reply   
The AUD/USD Analysts feel that the mood has changed since the AUD/USD fell below 0.7840 on Friday. Suddenly it looks like a formidable short-term high is in place at 0.8000/10. Funds have stopped looking at buying strategies and are now looking for exit strategies for excess longs. The IMM Commitment data released in Friday showed that net, speculative longs had built up to an historical high around
29k. The depth of the correction lower will depend on whether or not the fund community dumps their carry trades.
AB

Melbourne Qindex 04:39 GMT February 23, 2004 Reply   
AUD/USD : (Monthly Cycle) : As shown in my monthly cycle frequency chart the gap between 0.7648 - 0.7739 is big and good effort is required to penetrate through the projected supporting point at 0.7648. The distribution profile of my monthly cycle probability chart indicates that the odds are good that AUD/USD will head for 0.7556. If the downward trending momentum is strong enough to penetrate through 0.7556, the next  targeting level is 0.7373 - 0.7464.



Atlanta 04:38 GMT February 23, 2004 Reply   
Wall St falter suggests a fall could be on the way
The US economy and corporate earnings have shown consistent signs of improvement but the stockmarket's tendency to falter easily has some wondering if Wall Street, or at least the technology sector, might be in the early stages of a correction.

Noting how far stocks have come over the past year, some analysts say a temporary retreat was needed for the market's long-term wellbeing, especially in the tech sector, where share prices have seemed expensive for some time.

The Nasdaq composite index roared back to life in 2003 with a 50 per cent gain; it catapulted a further 7.5 per cent by January 26, only to fall sharply after a new policy statement from the Federal Reserve led some to believe that an interest rate increase was imminent. Its 2004 advance so far stands at a more modest 1.7 per cent.

"In the big picture, our view for 2004 as a whole is summed up in two words: levelling off," said Bryan Piskorowski, market analyst at Wachovia Securities.

With all the earnings news and upbeat economic data taken into account, and with the knowledge that interest rates will inevitably rise, "the market is looking for the next catalyst to propel itself higher or lower", said Stephen Sachs, director of trading at Rydex Investments.

Investors may simply be shifting assets away from riskier areas where they had been overweight before, said Brian Belski, market strategist at Piper Jaffray. Rather than signalling a correction, this shift may be a sign that investors are seeking to diversify holdings.

"You have to step back a little bit . . . I don't think the Nasdaq's drop over the last month means it's time to jump up and down and say the rally's over," Mr Belski said. He believes stocks, including techs, will surprise investors this year with continued upward movement, and the most encouraging signal right now is how much caution investors are showing.

"We have nowhere near the euphoria or cockiness that we saw in 2000, and that's very, very healthy," he said.

Associated Press

Ldn 04:36 GMT February 23, 2004 Reply   
Dealers believe that Friday's volatility resulted from the trimming of USD positions, but if the market believes that rate rises in the U.S. undermine 'carry trades' the correction will be much deeper.
reuters

Stockholm za 04:36 GMT February 23, 2004 Reply   

( Dallas GEP 03:12 GMT ) + ( HKG SK 04:11 GMT ) = ??

HKG SK 04:11 GMT ...." There will be no bounce for all majors at the moment."
SK You will have to DEFINE What A Bounce is in your book....

Happy trades.....

Barcelona Tony 04:26 GMT February 23, 2004 Reply   
phils VL .... like genius would say .. I want to sleep but maybe I don't want LOL .... can't sleep now mate...

phils VL 04:21 GMT February 23, 2004 Reply   
Tony...you need the sleep..move on..

Barcelona Tony 04:19 GMT February 23, 2004 Reply   
btw ... WTF am I doing here so early? LOL ... it is not good to drink coffee before going to bed!!! I have my eyes like dishes!!!

Barcelona Tony 04:18 GMT February 23, 2004 Reply   
closed short eurjpy ... will re-enter if hourly close below 135.80

Melbourne Qindex 04:17 GMT February 23, 2004 Reply   
USD/CHF : Current Comment.  Register with [email protected] if you have no access to my page.

HKG SK 04:11 GMT February 23, 2004 Reply   
The downtrend of the Euro will continue until late Feb and early March at which we will see a cycle low at around 1.18. Do not long any majors until we see that low. There will be no bounce for all majors at the moment. Take short position on all majors at around now or just a touch higher say around 1.2550 Euro and 1.2570 swissy.
There will be no big movement for a day or two and downtrend will continue on Thursday till tuesday next week.

phils VL 04:06 GMT February 23, 2004 Reply   
Genius speaks & the English language

... she is my friend..will remain my friend yesterday, today, tomorrow and ..uh.. in the future..."

Cairns aussie 03:40 GMT February 23, 2004 Reply   
This is what I see looking at the daily chart mid/long term, We see a dlb top near the 1.2900 and decrease in vol,”well I haven’t got vol but the attempts to penetrate near the top last week certainly gave the impression of weak vol, we have also seen bdl tops in may and oct of 03 with a dip below support on both these occasions indicating a short term change in trend. These have failed to materialize and we have had a continued movement up, If history is to be followed we would expect a break of support near 1.2400 followed by a short consolidation period then a continued movement up, important hurdles to pass and confirm this continued rise is a break nth of 1.2720 and a close above 1.2900. Failure to achieve these prices…”well…

agree / disagree anyone

Chicago YM 03:34 GMT February 23, 2004 Reply   
thanks gep and omil

Miami OMIL 03:29 GMT February 23, 2004 Reply   
Chicago YM 03:20 GMT February 23, 2004
This site will help you understand some of the indicators used on the charts.

http://www.stockcharts.com/education/

Hope that helps you. (/;->

Dallas GEP 03:29 GMT February 23, 2004 Reply   
MACD has a signal line (dashed line) and a lead line (normally solid). When the dashed line is ABOVE the lead line normally the MACD is declining (sloping downward SELL on RALLIES). Dashed line BELOW the signal line and the MACD line normally ascends (BUY on DIPS). Right now for instance you have MIXED signals on Euro with MACD starting to ascend but the other indicators being somewhat mixed. I think tho that Euro is a good SELL @ 1.2550 (things can change howver). The MACD is NOT a leading indicator but it is more of a trend indicator.

Miami OMIL 03:26 GMT February 23, 2004 Reply   
Road I see a correction on the $ and I will wait for the 1.2350-30 level to be broken for more downside. In the meantime I see the dollar testing this bottom first before any moves to the top number is made IMHO. I could be wrong that is why I have flexible stops. (/;->

Gen dk 03:22 GMT February 23, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Chicago YM 03:20 GMT February 23, 2004 Reply   
Gep, you said it was buy on dips if the macd was sloping up? also which is the macd, is it the white line on my charts which is macd signal or is it the green line which is just macd?

Miami OMIL 03:19 GMT February 23, 2004 Reply   
FWIW if this support (1.2450) for eur/usd holds I will finally see the bounce I was waiting for. New retracement numbers are 1.2570-75, 1.2605-10 and 1.2645-50. Good resistance will come around 1.2640-50 area with heavy resistance around 1.2705-10 area IMHO. I have an active short looking to add when 1.2350-30 is broken or dump it then. I will also add to the short if the resistance is sustained at 1.2605-10 area. (/;-> GL GT

China 03:18 GMT February 23, 2004 Reply   
China's top foreign exchange lender Bank of China said on Friday it has fired the former head of its overseas flagship in Hong Kong, Liu Jinbao, after the high-profile banker was suspected of committing economic crimes.
Bank of China sacks vice-chairman in illegal-loan probe

beijing road 03:15 GMT February 23, 2004 Reply   
Miami OMIL : I will hold bullish view on eur/usd as long as 1.23 level is not taken out, how abt yours?

Dallas GEP 03:13 GMT February 23, 2004 Reply   
But we can try!!!! LOL

Dallas GEP 03:12 GMT February 23, 2004 Reply   
OK this may sound a little obvious but I will express it mainly for the newbies benefit. Markets VERY rarely move in straught lines because if it did you wouldn't have a market because you would have everyone selling for instance but no buyers. So with that in mind the markey HAS to take a rest or retrace back so that NEW buyers and sellers come into the market. There are times when larger players will take a position contary to the positon they actual desire to go in so that they can get some new buyers or sellers involved. In my opinion the MACD is the most important indicator because it will indicate GENERALLY if you need to be buying on dips or selling on rallies. It is UNWISE imo over the long run to buy or sell against the MACD. I also harp on this probably too much but if you are daytrading try to be in position for as short a time as possibe. Don't worry about getting ALL of the move up or down because you will NEVER get it all!!!!

Atlanta 02:56 GMT February 23, 2004 Reply   
Aud anyone looking to sell and if so what level would you be looing for , was hoping to see 77.30 but not quite sure if can be achieved today .

Dallas GEP 02:47 GMT February 23, 2004 Reply   
Rafe, I think it might work if market is ranging 60-80 pips at a time AND you took position at extreme ends of range.

newyorker ticka 02:39 GMT February 23, 2004 Reply   
Hi all,


1) Euro is having a artificial boost.The main problem is too many cooks.To take any action they will have to go thru lot of procedures.
They do not have good understanding within themselves.
2)It is used as a dumping ground.Both the developed and developing countries are using them.
3)The GDP is low,exports are dying and imports are increasing.They want to have double or triple standards within europe.why euro is strong?is it only because of intrest rate.
4) US is always smart,they are making trade and fiscal deficits a big issue and do not allow others to think about anything.There GDP and economy is growing and the asian countries are pouring money into it,because it has one head ,one language and agressive consumers thru generations.
5)Now it is a global economy,it is different from other generations,the present US fiscal and trade deficits are not a big issue,it is the rule of the day.
6)US$ is cheap and going cheap and the saying is buy low and sell high.
7)A dollar without a good fundamentals does not require intervention or intrest rate change to make it low,it is a dollar of convienience and will be dumped at any time.

8) take care

Caribbean! Rafe... 02:03 GMT February 23, 2004 Reply   
GEP// no I meant if it would work on a normal day without market moving data or sunday opening gaps.

hk ab 0.66 02:03 GMT February 23, 2004 Reply   
funds are fighting. and many interesting monkey move.

melbourne 02:02 GMT February 23, 2004 Reply   
EUR/USD might see 1.2590/1.26 from here where the bears will decide to give it a break or hammer it down to 1.23

Dallas GEP 02:01 GMT February 23, 2004 Reply   
Rafe I will do it on MARKET moving data sometimes. Same theory: both usd positive and usd negative positions at same time. You have to be VERY VERY quick with you edits though on this.

Sydney Ge11Ja 02:00 GMT February 23, 2004 Reply   
anyone have a handle on what happened just then in euro?

Caribbean! Rafe... 01:57 GMT February 23, 2004 Reply   
I see, so you took this only as a friday trade. wonder if it would work on a daily basis.

Miami OMIL 01:56 GMT February 23, 2004 Reply   
Same here Rafe trying to keep my head above the water, hope everything is working out on your side. (/;->

Dallas GEP 01:55 GMT February 23, 2004 Reply   
OK Rafe, the theory is based on the ASSUMPTION that the market would GAP over the weekend 30 or 40 points. Taking those possies in opposite directions with fairly tight stops then assures you of being in the money on ONE of them and the other one will stop out. This is VERY aggressive and COULD have resulted in BOTH stopping out if the market DOESN"T gap. So depending on how your platform works stops and limits this WILL work under the set of circumstances I described. As soon as my platform opened, it took out my usd/chf short at my stop of 1.2616 and I the IMMEDIATELY edited my eur/usd stop to 1.2545 (from 1.2535). I left limit as I set it on Friday @ 1.2475.

Caribbean! Rafe... 01:53 GMT February 23, 2004 Reply   
euro model projection read previous post down below.


midpoint projection 1.2443 +/-7 pips

1.2443+56 = 1.2499 +/-7 pips currently 1.2506

next target 1.2555 +/- 7pips

Caribbean! Rafe... 01:52 GMT February 23, 2004 Reply   
OMIL. been very busy and tired lately but trying to do well and yourself?

Stockholm za 01:50 GMT February 23, 2004 Reply   
The hour is at hand......... I love these >>>>

Athens 22:09 GMT February 21, 2004
The triple importance of EUR/$ 1.2330 on Monday:
(1) The major low of the current consolidation
(2) The 38.2% correction of the upleg 1.1370-1.2925
(3) The point where the major support line comes in drawn off 1.0760 through 1.1370

Stockholm za 16:53 GMT February 20, 2004
fwiw....... EUR/USD......
Spike establish on 55.......
Key = [ ( Ema 89 + BU T-line ) - Your Eggo ]
Clip = [ ( RSI 14 < 30 ) + ( ema 144 failure ) ]
Happy trades........
----------------------------------------------------------
( Sep + Oct ) DoubbleTop + ( Nov ) BrakeOut = ( Jan + Feb ) Doubbletop........

( Sep + Nov ) low = T-line …= ( Maybe Feb Low ).........

Nov Ema ( 89_ 144 ) Play = ( Feb + Mar ) Ema ( 89_144 ) & Maybe Ema ( 233 ) Play..........

Have a nice trading week………

melbourne farmacia 01:49 GMT February 23, 2004 Reply   
Ldn 01:21 GMT February 23, 2004
Aussie's retraced 0.764 % of 0.8003 - 0.7529 at 0.7641, so expecting bounce before down again FWIW.

Miami OMIL 01:46 GMT February 23, 2004 Reply   
How are you RAFE, if I may be so bold as to speculate what he tried to do. I believe he was hedging his position to cover either way the market would move IMHO. (/;->

melbourne 01:45 GMT February 23, 2004 Reply   
GBP/USD should see 1.8750 now where the bulls will scream for 2 again.

Ldn 01:42 GMT February 23, 2004 Reply   
shanghai bc thanks you as always with your help

Sydney gvm 01:41 GMT February 23, 2004 Reply   
Shanghai BC do you see much more upside in $/Ą throught to NY open? 109.30 was not convincingly penetrated first time up this AM - I have a $ buy system signal here and am wondering if I will get better levels later in the day TIA

Caribbean! Rafe... 01:40 GMT February 23, 2004 Reply   
GEP// what is the reasoning behind taking those 2 possies? one stopping out and one limiting out? what are the statistical stop thresholds in place for something like that?

GL.

shanghai bc 01:37 GMT February 23, 2004 Reply   

LDN -- Guess Asian session selling is almost over..Then, london is another game,so,is NY..Maybe these folks wait for good liquidity to dump..Expecting .75 to fall in this round of correction..Fwiw..

Sydney Ge11Ja 01:36 GMT February 23, 2004 Reply   
not much bounce today, market still feels caught long ... could be nasty start in europe down to say 1.2350 for euro and 0.7580-90 for AUD.

I think a safe possie for all this is short eur/yen on rallies (although they are quite shallow as well)

melbourne farmacia 01:36 GMT February 23, 2004 Reply   
nyc sa 01:07 GMT February 23, 2004
I wouldn't be surprised to see 1.7500 printed after 1.8020.

Dallas GEP 01:33 GMT February 23, 2004 Reply   
Update: As I posted on Friday, I took TWO positions just prior to closing. Eur/USD SHORT from 1.2520 (Limit 1.2475) and USD/CHF short from 1.2606 (stop 1.2616). (oppossing possies to take advantage of gap EITHER way). Usd/CHF obviously stopped out @ 1.2616 (-10 pips) and Eur/USD limited out at 1.2475 (+45 pips). Looking to take MORE Euro short on upticks.

Chicago YM 01:24 GMT February 23, 2004 Reply   
hk ab do you see euro having support at 1.2450 and going back up now?

Ldn 01:21 GMT February 23, 2004 Reply   
shanghai bc hi ,, your post below re the grannies
do you see a sharp fall in the Aussie today and kiwi..

hk ab 0.66 01:18 GMT February 23, 2004 Reply   
dlr/jpy are v. nice as well.

hk ab 0.66 01:18 GMT February 23, 2004 Reply   
very nice move on eur.
will move s/l when it reaches 1.2450 again.

ICT ML 01:14 GMT February 23, 2004 Reply   
SA....if any pair can do that, it would be cable......all that has to happen is for all us cable players to reach consensus that short is the way to be.......thne it will fall like no tomorrow

nyc sa 01:07 GMT February 23, 2004 Reply   
GBD/USD hearing from the bank : a wealthy institution sold cable at 189.70 and placed an order to buy at 1.70 if it goes there . Is this plausible ? can cable volatility take it back to 1.70 in the next 2 months ? any views ?

pboro JC 01:03 GMT February 23, 2004 Reply   
Hi
GBPUSD hit 40 sma on daily, same line hit back in january before resumption of the uptrend. EURUSD may have some more to go down before reaching january tendlines.

Could this possibly be the aim -
to hit certain trendlines on technicals as soon as possible to get on with the process of resuming uptrends (usd bear trend),
or will this simply go further, indicating the end of the usd bear and a period of consolidation.

I find it easier to believe the first part rather than the latter.

Porto PJT 00:56 GMT February 23, 2004 Reply   
GBP/USD fibo level at 1,8446.

Ldn 00:54 GMT February 23, 2004 Reply   
GBP /USD hourlies are in extreme oversold condition

shanghai bc 00:53 GMT February 23, 2004 Reply   

QINDEX -- Good morning..Thanks for your great forecasts..Asians control 60% of the world savings and forex market is the most liquid market..So it is natural for them to make spashes in forex market although not sure how much money they make out of it..It must be a worrying time for grannies in Tokyo and HK because their darlings,Aud and Nzd, are falling..Good trades..

Caribbean! Rafe... 00:53 GMT February 23, 2004 Reply   
What I listed were pivots valid until the 2 extreme ranges are breached with 1.2499 being the mid point of the 2 and this target hit on friday.

Indonesia 00:51 GMT February 23, 2004 Reply   
hello everyone, what is happening to the euro? will it ever see 1.28 again?

Saihat 00:49 GMT February 23, 2004 Reply   
test

eurgbp

buy......stop 0.6700

Caribbean! Rafe... 00:48 GMT February 23, 2004 Reply   
How much you divide or multiply by and the range depends daily.

But for now 4 will do the job nicely and once again this depends daily.

Just a small help to those who want to have an idea for their models.The rest is proprietary info.

GL.

Melbourne Qindex 00:44 GMT February 23, 2004 Reply   
shanghai bc 00:24 GMT - Good morning! Morgan Stanley blamed the Asiain Investors.

ICT ML 00:44 GMT February 23, 2004 Reply   
AB....what you think eur/gbp is goning to do later?.;...I have a short, that is spoiling my short aussie and cable trades....

LA BV 00:43 GMT February 23, 2004 Reply   
Rafe. Why did you divide the range by 4?

Melbourne Qindex 00:43 GMT February 23, 2004 Reply   
Melbourne Qindex 01:54 GMT February 22, 2004
USD/CHF : My 22-day cycle charts suggest that speculative buying interest will increase if the market can trade above 1.2611. .................................................Register with [email protected] if you have no access to my page.


Caribbean! Rafe... 00:39 GMT February 23, 2004 Reply   
Just calculate the midpoints to get approximations.

Eg. 12723-12499 = 224/4 =n pips in this case 56.

Then minus that from 1.2499 to get the next target 1.2443-56=1.2387 and so forth.

1.2723

1.2499

1.2276

ICT ML 00:35 GMT February 23, 2004 Reply   
Dangit anyway...my order to buy usd/cad was 10 pips too low, and my sell entry on eur/gbp was 10 pips too high....LOL.....

Caribbean! Rafe... 00:30 GMT February 23, 2004 Reply   
euro at 1.2443-1.2387 breach of those levels should slide it down to about 1.2276.

shanghai bc 00:24 GMT February 23, 2004 Reply   

The folks who started Tokyo morning raid on Fri. is back in force again this morning in Asian session..Fwiw..

Miami OMIL 00:20 GMT February 23, 2004 Reply   
Stops were taken out on eur/usd and my last support is taken out now. We should see the test of the bottom but I still believe there has to be a bounce for this rally to go further IMHO. My first plan kicked in prematurely I was hoping to see the bounce first. (/;->

Saihat 00:18 GMT February 23, 2004 Reply   
for demo

sell
gbpjpy .......stop202.75

eurjpy........stop 136.75

hk ab 0.66 00:15 GMT February 23, 2004 Reply   
move trail eur to 1.2508

 




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

?>