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Forex Forum Archive for 02/24/2004

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Dublin CK 23:56 GMT February 24, 2004 Reply   
Dr Q,

In your opinion, is there more of a chance for dollar/yen to trend up or down for the remainder of the week. Which has the greatest probabilty, since dollar/yen was the key that seemed to unlock last weeks moves.

Has this break above 105.40 been a correction or a start of a new trend?

Kind Rgds,

CK

Melbourne Qindex 23:52 GMT February 24, 2004 Reply   
GBP/USD : Current Comment.  Register with [email protected] if you have no access to my page.

Global-View 23:35 GMT February 24, 2004 Reply   
Lest this becomes a "game" forum, please keep the discussion market related. TIA

Miami OMIL 23:31 GMT February 24, 2004 Reply   
LAX-LGB SNP 23:13 GMT February 24, 2004
Getting my plan b ready if this eur/usd takes off again. Do you have a firewall on your network and if you do are you having problems with this site trying to send your network info? My firewall is having a hard time with this site lately blocking it at a certain point in the day almost regularly now. I was not like that before I wonder what is happening. (/;->

Dublin CK 23:25 GMT February 24, 2004 Reply   
Ahaha ahahahah,

Oh my god, just came back on line now.

I wasnt believing peoples post about the doped up penguin game.

I posted the slow mo version last nite.

This new version is way better. The lad is on Nitro-glycerine.

Ps: PB (Personal Best) so far is 593.5

This is great

Melbourne Qindex 23:21 GMT February 24, 2004 Reply   
USD/CHF : Current Comment.  Register with [email protected] if you have no access to my page.


LAX-LGB SNP 23:18 GMT February 24, 2004 Reply   
pingu whackerz - click here instead

hk ab eur/gbp 0.66 23:16 GMT February 24, 2004 Reply   
good, new penguin, 593.5

LAX-LGB SNP 23:13 GMT February 24, 2004 Reply   
OMIL na man i just got back to the comp after lunch - managed to close $ longs before ez session (just in time)
fwiw small chinks visible in eurusd/jpy armour 4-hourly

Ldn 23:07 GMT February 24, 2004 Reply   
Syd , what is supporting the Aud at present IS rate hike fear and higher rates, already overbought and overvalued negative data will take its toll - volitile conditions only at present no firm direction either way.(election looming a bag of uncertainty)

Miami OMIL 23:06 GMT February 24, 2004 Reply   
SNP you still have the penguin fever? LOL
My short on eur/usd does not look healthy at the moment as long as the 50ma on the 4hr chart holds the price down I will look for a retest of the 1.2450 option support barrier IMHO. (/;->

syd 23:02 GMT February 24, 2004 Reply   
ldn...yeh the AUD got hit real hard last day or so.....!!!

LAX-LGB SNP 22:53 GMT February 24, 2004 Reply   
o wait i finally cracked 500 !!! haha

LAX-LGB SNP 22:53 GMT February 24, 2004 Reply   
man i can't crack 500 on this pingu thing

Eastbourne PJ 22:34 GMT February 24, 2004 Reply   
593 on Pingu!

Melbourne Qindex 22:26 GMT February 24, 2004 Reply   
EUR/USD : Current Comment.  Register with [email protected] if you have no access to my page.

Ldn 22:22 GMT February 24, 2004 Reply   
Australian bill market has shifted to only a 43% chance of an RBA rate hike in March, down from the 51% seen yesterday. That weighs on Aussie and a failure of the RBA to hike will hit AUD crosses particularly hard. AP

GVI john 22:03 GMT February 24, 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/$ 1.2685…. $/yen 108.20
DJIA 10,566, -43 pts…NASDAQ 2,005, -2 pts
10-yr 4.03%, -2 bp’s
MARKET OPINIONS:
For a broad range of opening levels click on GVI’s “Market Snapshot”:
CLICK HERE
See GVI...


Melbourne Qindex 21:59 GMT February 24, 2004 Reply   
AUD/USD : Current Comment.  Register with [email protected] if you have no access to my page.

bandung dewan 21:55 GMT February 24, 2004 Reply   
London DD,
I operate my own mixing system. Experience is needed. Will it come true? the correct answer is : maybe......

prauge viktor 21:44 GMT February 24, 2004 Reply   
jb are u saying that now its good time to go cable long thanks

Barcelona Tony 21:44 GMT February 24, 2004 Reply   
516.5 my best on pingu LOL

London DD 21:32 GMT February 24, 2004 Reply   
Im hoping for Yen to trade very narrow overnight above 108 and break on volume below 108 tomorrow at london open for a good 100 pips...

Bucharest DC 21:25 GMT February 24, 2004 Reply   
so the yen decided to get out from the channel

Bucharest DC 21:22 GMT February 24, 2004 Reply   
with print screen, somewhere up at the right....or with alt/print screen will take only the current window

Bucharest DC 21:21 GMT February 24, 2004 Reply   
:)

Chicago Irish 21:21 GMT February 24, 2004 Reply   
Guys how do I take a screen snapshot?

Chicago YM 21:20 GMT February 24, 2004 Reply   
ok so your good.

OK SZ 21:17 GMT February 24, 2004 Reply   
I am getting good....588.3

Bucharest DC 21:16 GMT February 24, 2004 Reply   
ok, check mail

Helsinki iw 21:13 GMT February 24, 2004 Reply   
545, conditions are getting better.

Helsinki iw 21:12 GMT February 24, 2004 Reply   
Must have fallen fresh snow on the course, I can only hit 515

Chicago YM 21:09 GMT February 24, 2004 Reply   
[email protected]

Chicago YM 21:08 GMT February 24, 2004 Reply   
ok hold on

Bucharest DC 21:08 GMT February 24, 2004 Reply   
give me your email, i will send my screen shot

Chicago YM 21:05 GMT February 24, 2004 Reply   
someone is fibbing, post some screen shots fibbers

Bucharest DC 21:01 GMT February 24, 2004 Reply   
that is a bounce: 588.8

Chicago YM 21:00 GMT February 24, 2004 Reply   
567.4 is now my highest

Barcelona JP 21:00 GMT February 24, 2004 Reply   
1,8998-1,9004 is key level now in cable.
If we look at daily chart, it can be a simple correction from the high at 1,9140. A-B-C. W.A already made and now we could be drawing B.
But if we look at hourly chart, I think that the A-B-C is done. So we are set to go to the high again.
Our barrier is 1,8998-1,9004 and 1,8449.

OK SZ 20:57 GMT February 24, 2004 Reply   
that would be very nice:)

Chicago Irish 20:57 GMT February 24, 2004 Reply   
587.1

Bucharest DC 20:56 GMT February 24, 2004 Reply   
574 pips a week LOL

Chambery FR JFB 20:56 GMT February 24, 2004 Reply   
553.6..;wow!! :-) (better than trading GBP lol) :-)

London DD 20:56 GMT February 24, 2004 Reply   
Can't beat my 577.6 but the trick is to hit it as late as possible I think. Hit it low so it bounces...

OK SZ 20:54 GMT February 24, 2004 Reply   
don't know but just hit 574.9..wish I could do this good in my trading

Chambery FR JFB 20:52 GMT February 24, 2004 Reply   
OK SZ 20:49 GMT February 24, 2004
ehehehehe...491!! lol where do you see the best shoot? GL

Bucharest DC 20:51 GMT February 24, 2004 Reply   
553...

Bucharest DC 20:50 GMT February 24, 2004 Reply   
what hour do japan start trading?

OK SZ 20:49 GMT February 24, 2004 Reply   
486.5...I am tooooo good..ok I won't post no more

London DD 20:49 GMT February 24, 2004 Reply   
HURRAH! 577.6

OK SZ 20:48 GMT February 24, 2004 Reply   
418.4...think I will give up this day trading and focus on the penguin..I hit him better than the markets

OK SZ 20:47 GMT February 24, 2004 Reply   
407.3 the best hit I have had all say:)

Chicago YM 20:45 GMT February 24, 2004 Reply   
new record of 544.1 on pinguin game

SF MRZ 20:44 GMT February 24, 2004 Reply   
Yes, almost can't trade without it.

Chicago YM 20:43 GMT February 24, 2004 Reply   
523.6 on the new pinguin game @ http://henriluoma.net/pingu/

who has beat it?

Memphis Charles 20:40 GMT February 24, 2004 Reply   
MRZ.... you still producing that *kick censored* spreadsheet you used to prepare?

SF MRZ 20:38 GMT February 24, 2004 Reply   
Probability forecasting software

SF MRZ 20:38 GMT February 24, 2004 Reply   
Probability forcasting software

sf mike 20:35 GMT February 24, 2004 Reply   
DD/ Soros will lose if that's the case. He doens't have a printing press. Whereas BOJ can print more Yen to sell.

London DD 20:35 GMT February 24, 2004 Reply   
SF MRZ 20:33 GMT February 24, 2004
Which type of crystal ball is that?

SF MRZ 20:33 GMT February 24, 2004 Reply   
Do alright, New Year, New Plan, Trading well I hope Charles -- FWIW -- my crystal ball for $/Jpy says -- Max range 108.60 - 108.41, Min range 106.80 - 106.62, Averge close 108.22 - 108.06 for about two weeks.

London DD 20:33 GMT February 24, 2004 Reply   
Perhaps George Soros is trying to sell it above 108.15 and BOJ is trying to buy it below 108.10. I wonder who will win...

sf mike 20:29 GMT February 24, 2004 Reply   
DC// I have not clue. It doesn't have to be the BOJ all the time.

Memphis Charles 20:27 GMT February 24, 2004 Reply   
Well, well.. my old buddy SF MRZ... hope you're well.

Bucharest DC 20:26 GMT February 24, 2004 Reply   
Do you think BOJ is keeping this narrow channel in place?

sf mike 20:23 GMT February 24, 2004 Reply   
Yes, my theory is after USD selling pressure is gone, USDJPY will begin upwards at least to 109. I have a buy order above the narrow channel.

Bucharest DC 20:16 GMT February 24, 2004 Reply   
Hey guys, have you seen jpy/usd for the past 4 hours?

London DD 20:07 GMT February 24, 2004 Reply   
bandung Dewan 19:43 GMT February 24, 2004
On what analysis? Thanks

bandung Dewan 19:43 GMT February 24, 2004 Reply   
GBP/USD seen to climb 1.9070 for tommorow.......

Miami OMIL 19:41 GMT February 24, 2004 Reply   
Oakland Daimyo 15:39 GMT February 24, 2004
I will not add to my position at this time the move was stronger than I thought thanks to the week US data. I still see hope for the correction to continue as long as 1.2745-50 is held. If this next retracement is taken then the bulls will go for the top again. The next resistance is at around 1.2730-35 area IMHO. (/;-> GL GT

Congratulations Road you did real good I guess you will be buying the drinks next time lol.

SF MRZ 19:40 GMT February 24, 2004 Reply   
FWIW -for about two weeks Crystal Ball says Eur/$ max high range 1.2674 - 126.42, min low range 1.2413 - 1.2383, average close 1.2500 - 1.2471

BEIRUT MK 19:34 GMT February 24, 2004 Reply   
short usdjpy 108.10
target 107.60

thank you.

LA saint3 19:29 GMT February 24, 2004 Reply   
jp...

you are guessing gbp will drop to 1.84xx?

Dangerous EU 19:28 GMT February 24, 2004 Reply   
Barcelona, looks like you are another Tower of Babel builder. You would fit in with the EU politicians with a mind like that.

sf mike 19:04 GMT February 24, 2004 Reply   
It appears Raden is right again. AUD met resistance at .7820.

Barcelona JP 19:02 GMT February 24, 2004 Reply   
IFR

SHORTed USD/CHF
| 1.2475
| 1.2185
| 1.2520

Barcelona JP 19:01 GMT February 24, 2004 Reply   
IFR has bought cable @ 1,8881. S/L 1,8735.
Target: 1,9250

BEIRUT MK 18:58 GMT February 24, 2004 Reply   
long eurjpy at 137.25
eurjpy is ready to break 137.75
inverse h&s target 148

thank you.

juchipila max 18:57 GMT February 24, 2004 Reply   
I dreamed pound was at $2.00.
Thinck I will go back to sleep a few more weeks to take my profits

Barcelona JP 18:56 GMT February 24, 2004 Reply   
Barcelona JP 17:13 GMT February 24, 2004
A very, very, very risky play:

Cable is retracing 30-35 pips each time it makes a new high.

So, wait now to see if it makes a trade over today high.

IF ANYONE DID IT, PAY ME A FEE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

pt.jr 18:55 GMT February 24, 2004 Reply   
tx u ...nottingham...but 13350 is very possible txs

Dallas GEP 18:50 GMT February 24, 2004 Reply   
I am leaving for a while guys. Take Care. Be back Late US or Early Asia.

Barcelona JP 18:49 GMT February 24, 2004 Reply   
Where do I see Cable if 1,8450 holds and 1,9140 breaks?

1,9400.

Nottingham 18:48 GMT February 24, 2004 Reply   
usdcad...only two scenarios can exist...support at 3270 held and pair retraces to min 3320/3350 by tomorrow's close... alternatively 3270 support gives way and pair trades to next support at 3233 where longs favoured for a target of 3275/85 as that would be the minimum high for tomorrow...gl gt

Deep Pockets 18:44 GMT February 24, 2004 Reply   
Barcelona, Suggest some more Port.

Dallas GEP 18:43 GMT February 24, 2004 Reply   
Fx trading at times will test your faith in your view. If you have the ability to hold to your view and your view is not inherently flawed, then more times than not the view WILL pay off. This goes hand in hand with not committing to NOT more than 2.5-5% of your total equity to any one position. In this way you can still take trades that are profitable while you wait for your miscue to come around. While talk of 1:3 risk ratios are thrown about in reality, you are lucky to get 1:2 really. From a daytrading perspective, the exposure to the market should be as brief as possible. Everyone has to decide for themselves what their stop loss tolerance is. For position traders 150-200 pip stop losses are not uncommon for a try at 300-500 pip gains. For a daytrader, it varies but most would get uncomfortable with more than a 30-40 PIP stop loss. Others that don't mind wearing a positon trader's hat on occassion have to make the decision for themselves whether to cut losses or wait for a turnaround. At some point in time it is always better to cut losses and fight another day and each person has to decide for themselves where that point is. No one EVER said this was easy. It's days like this that remind me of that very mind.

To ALL, I wish for profits whether you are going the same direction as me or not. Over a period of time, we all can be correct in our views.

Barcelona JP 18:43 GMT February 24, 2004 Reply   
I WANT TO SAY AGAIN AND AGAIN AND AGAIN THAT ONCE EUR/USD HAS TRADED OVER 1,2661 AND CABLE OVER 1,8839 THE WAY IS FREE OF BARRIERS TO HEAVEN.

WITH ONE CONDITION: NOW THEY CAN NOT LOSE 1,2448 AND 1,8450.

AND IF YOU DO NOT WANT TO BELIVE ME, I WILL UNDERSTAND.

ARE WE GOING TO HEAVEN TO SEE OUR LORD STRAIGHT UP?
NO. A SIMPLE RETRACEMENT OF FIBO 23 IN CABLE WOULD TAKE US TO 1,8823.

Rivonia PipPirate 18:41 GMT February 24, 2004 Reply   
http://henriluoma.net/pingu/

Rivonia PipPirate 18:40 GMT February 24, 2004 Reply   
Had a bad day? Play another version of hit the penguine, it goes further than the other ver.

pt.jr 18:40 GMT February 24, 2004 Reply   
intraday.....13260 for 100points up...13360

Ldn 18:40 GMT February 24, 2004 Reply   
Hi Gold Coast, where is your souce on this , and will they be repatriating in March funds from these.

Gold Coast martin 17:31 GMT February 24, 2004
rumours from japan that substantial decrease in uridashi deals ....if correct could have significant downward effect on aud.

sf mike 18:39 GMT February 24, 2004 Reply   
Do you think, when the usd selling pressure is gone, USDJPY will skyrocket?

beirut jb 18:36 GMT February 24, 2004 Reply   
pt.jr 18:28 GMT

intraday, multiday what?

Barcelona JP 18:33 GMT February 24, 2004 Reply   
Cable has retraced now more than 76,4%.

Next barrier: 1,9000

pt.jr 18:28 GMT February 24, 2004 Reply   
i all i have a buy signal on usd/cad any one confirm please..gl..gt

sheffield G-Man 18:23 GMT February 24, 2004 Reply   
Charles - you're not alone...many of us suffered with you. I feel worse because on EUR I called the longs to 1.2660 and then to 1.2707, but actually traded shorts! how dumb do I feel?

lugano rob roy 18:22 GMT February 24, 2004 Reply   
rebought here 1.2380 usch, after stopped out at 1.2475.
Buy more at 1.2290 if seen, s/l 1.2175.
Bought euchf at 1.5730 buy more at 1.5685 if seen s/l 1.5635.

SNP 18:20 GMT February 24, 2004 Reply   
P.S.
not discounting anyone's trading abilities but as far as my memory serves - chauffeurs, menial help & house servants are a dime a dozen in over-populated asEan countries

sf mike 18:17 GMT February 24, 2004 Reply   
Charles// sorry to hear that. We can't get them all you know.

SNP 18:16 GMT February 24, 2004 Reply   
managed to cover us$ long pack b4 EU open ... don't see any point in buying (if @ all) till after NY closes ...
don't know what is but in recent times, US session tends to spoil best-laid of plans so am starting to prefer the first 12 hrs over the last 12 + i get to watch a lotta funny stuff on day-time telly ... heck i could get used to this !

OMIL never too fond of wi-fi either & using wired network too - fwiw there's a new GSM standard (1.5 mbps) waiting for approval as we speak ... looks like its gonna be handheld shopping time again ;-)

Memphis Charles 18:14 GMT February 24, 2004 Reply   
I'd have been better off swinging mine today instead of trading. Like GEP below, my position trades consist of day trades gone bad. Not a good situation.

Atlanta Ga 18:11 GMT February 24, 2004 Reply   
Am somewhat surprised by the dollar/euro action today. Dollar now back below the 50 dma and euro rising. Anyone else think this is a short term blip? With Japan going into thier year end in march, would think that thier efforts to prop up the US dollar would be much stronger. Also think that after the book squaring by Japan for year end, the dollar will be sent to much lower levels. Any opinions on this?

sf mike 18:09 GMT February 24, 2004 Reply   
Memphis Charles 18:00 GMT February 24, 2004
Not Great Big Bertha?

Yes, you know her too? Must be famous.

Atlanta Ga 18:06 GMT February 24, 2004 Reply   
Long time user of the live forex qoutes page, first time poster at the forum. First question is why are the gold and silver qoutes sometimes on, sometimes off. Have noticed this occuring over the past few weeks. ? ?

Atlanta Ga 18:04 GMT February 24, 2004 Reply   
test

sheffield G-Man 18:04 GMT February 24, 2004 Reply   
My driver's called Wilson and he wears a fetching Donald Duck hat with a big number 1 on top

Memphis Charles 18:00 GMT February 24, 2004 Reply   
Not Great Big Bertha?

Ldn 17:59 GMT February 24, 2004 Reply   
German Econ Min: Econ Situation Serious Due To Weak Dlr

German Economics Minister Wolfgang Clement Tuesday described the German economic situation as "serious" because of the weakness of the dollar compared with the euro, German news agency VWD reported.

"We are clearly in a difficult and unstable situation," Clement said. "This is due to the dollar weakness, which makes companies insecure."

Speaking at an event, Clement reiterated comments made earlier Tuesday, urging the European Central Bank to react when required.

In an earlier statement Clement had called for the ECB to adapt its monetary policy after the Ifo business sentiment index released earlier Tuesday showed a decline for the first time in nine months.

The recovery, which the government has been quick to point to over recent weeks, is fragile, he said.

retuers



Livingston nh 17:53 GMT February 24, 2004 Reply   
correction thats not 8018 (not that much confidence) 7818

Livingston nh 17:52 GMT February 24, 2004 Reply   
Trying a short AUD/USD at 7793 s/l 8018

sf mike 17:43 GMT February 24, 2004 Reply   
Memphis Charles 17:40 GMT

I have my own driver. Her name is Big Bertha.

sf mike 17:42 GMT February 24, 2004 Reply   
jksn// from yesterday? Good trade!!!

london cam 17:41 GMT February 24, 2004 Reply   
Eastbourne PJ 17:32 GMT February 24, 2004

PJ. Close to what I was thinking. i had visions of a fat soros wannabe. lol

beirut jb 17:41 GMT February 24, 2004 Reply   
beijing road 17:28 GMT

wtg mate

Texas(Jskn.) PNB 17:41 GMT February 24, 2004 Reply   
Ok,logging in again and I se eurusd went pretty well.taking out profits now at 1.2685.
this is what forex markets are,eh!
GL GT
TIA:-)

Memphis Charles 17:40 GMT February 24, 2004 Reply   
Anybody with their own driver is a man to be reckoned with. Cheers, ISRM. Have a lovely evening.

london p 17:39 GMT February 24, 2004 Reply   
well done road hats of to you for riding so well yeha

Eastbourne PJ 17:32 GMT February 24, 2004 Reply   
london cam 17:14 GMT February 24, 2004
Eastbourne PJ 16:54 GMT February 24, 2004
thks. Wasn't aware of that acronym

Don't laugh but when I first started out in FX for a firm in years London some of the guys started talking about "Buba coming in" I remember visualising some fat over-weight slob with the power to move the markets. lol

Gold Coast martin 17:31 GMT February 24, 2004 Reply   
rumours from japan that substantial decrease in uridashi deals ....if correct could have significant downward effect on aud.

beirut jb 17:29 GMT February 24, 2004 Reply   
cairo asamir 17:23 GMT

cairo market is dying now,

come back tomorrow,

yesterday I told u to long euro,

now euro can retrace to 12640 or 126 before rallying again

short also is risky coz it may test 12750

if u want absolutly to trade now buy eur/$ with tight stop

Barcelona JP 17:28 GMT February 24, 2004 Reply   
GBP/USD

Level Rating Description / Significance
R4 1.9000 Moderate Psychological level / 20-Feb high area
R3 1.8984 Moderate 13-February high
R2 1.8933 Minor Light intraday congestion area
R1 1.8917 Minor Day high

S1 1.8773 Minor Intraday consolidation highs
S2 1.8745 Minor Intraday consolidation lows
S3 1.8705 Moderate 23-Feb intraday peak / Former key res
S4 1.8685 Minor 2-day rising supt line area

Indonesia solo Raden_masandi 17:28 GMT February 24, 2004 Reply   
my driver have picked up me to go home.
Thansk for today.
aud/usd now is on the way to get 0.7778 and difficult to get above 0.7821.

beijing road 17:28 GMT February 24, 2004 Reply   
took profit 500pips with 10h on usd short positions, good enough.Off to bed. Cu.

Dallas GEP 17:28 GMT February 24, 2004 Reply   
Regarding, the peguin game ML I mean.

chicago cal 17:28 GMT February 24, 2004 Reply   
i think 1.8900 is top for pound today, however i'm standing aside it takes a lot of guts to short that beast for 30 pips, i'd rather wait for the next break out for 100 or 200 pips

gl,gt

Barcelona JP 17:27 GMT February 24, 2004 Reply   
eur/usd

Level Rating Description / Significance
R4 1.2767 Moderate 20-February intraday peak
R3 1.2745 Major 61.8% of 1.2925-1.2455
R2 1.2735 Minor 19-February high
R1 1.2710 Minor Light intraday congestion

S1 1.2619 Minor 24-Feb initial rally high
S2 1.2579 Minor 24-Feb intraday pull-back low
S3 1.2550 Moderate 2-day rising supt line / Poss trigger for sub 1.2520 lvls
S4 1.2522 Moderate 23-Feb intraday pull-back low

london p 17:27 GMT February 24, 2004 Reply   
save your money cairo chasing after losses never works the losses only become bigger losses

cairo asamir 17:23 GMT February 24, 2004 Reply   
i mean what transaction can one make now on the 100 margin currencies , plz any one advise

Solo Baru indotrader 17:22 GMT February 24, 2004 Reply   
raden
can i have ur email
euhuehu

Indonesia solo Raden_masandi 17:22 GMT February 24, 2004 Reply   
cairo.
hey. please avoid usd/jpy (seen will down).
if buy usd/chf is okay. seen price will up near 1.2444 again

Dallas GEP 17:21 GMT February 24, 2004 Reply   
That looks to be true ML. THANKS!!!!

hk ab eur/gbp 0.66 17:19 GMT February 24, 2004 Reply   
I am now welcoming that by sleeping, gd night all.

thanks for the guy sending out penguin game this morning as well. GL to all.

cairo asamir 17:17 GMT February 24, 2004 Reply   
Indonesia solo Raden_masandi

buy that i can long usd /chf or usd /jpy

hong kong nt 17:17 GMT February 24, 2004 Reply   
cairo asamir 17:10 GMT -- unless 1.2300 is broken, guess dlr/chf remains a buy at 1.2350/00...

HK Kevin 17:17 GMT February 24, 2004 Reply   
Put a limit order to long USD/CAD at 1.3240. Good night.

hk ab eur/gbp 0.66 17:16 GMT February 24, 2004 Reply   
is anyone ready for eur/gbp .66 area?

Indonesia solo Raden_masandi 17:15 GMT February 24, 2004 Reply   
cairo
first station of gbp/usd at 1.8862
that's opportunity

london cam 17:14 GMT February 24, 2004 Reply   
Eastbourne PJ 16:54 GMT February 24, 2004
thks. Wasn't aware of that acronym

prauge viktor 17:14 GMT February 24, 2004 Reply   
thanks a lot gep..

ICT ML 17:14 GMT February 24, 2004 Reply   
GEP...1.8900 wsa target on longs, so anything else today is a gift to me...tomorrow is a different story......check your mail

Barcelona JP 17:13 GMT February 24, 2004 Reply   
A very, very, very risky play:

Cable is retracing 30-35 pips each time it makes a new high.

So, wait now to see if it makes a trade over today high.

Dallas GEP 17:12 GMT February 24, 2004 Reply   
Viktor, Euro is at the mercy of the POUND. If the POUND shorts them the EURO will short. I beleive POUND is near a TOP but we shall see. ML can read the pound better than most so maybe he can chime in here (Raden Mas also is very good at this).

cairo asamir 17:12 GMT February 24, 2004 Reply   
any one can help me with recommendations regarding currencies with 100 margin , as my acct is very weak 7 i need immediate profit to support it

hong kong nt 17:12 GMT February 24, 2004 Reply   
HK Kevin 17:03 GMT -- guess we have already seen dlr's weekly low vs euro...

cairo asamir 17:10 GMT February 24, 2004 Reply   
hk could u please help me if u can

cairo asamir 17:10 GMT February 24, 2004 Reply   
any one can help me with recommendations regarding usd / chf , as my acct is very weak , i need immediate profit to support it

hk ab eur/gbp 0.66 17:09 GMT February 24, 2004 Reply   
nt, eur is better for health ;)

prauge viktor 17:09 GMT February 24, 2004 Reply   
dallas Gep ur not the only one ,plz how do u seeit for know with the euro..thanks

cairo asamir 17:09 GMT February 24, 2004 Reply   
any one can help me with recommendations regarding usd / chf , as my acct is very weak 7 i need immediate profit to support it

hong kong nt 17:07 GMT February 24, 2004 Reply   
ab -- guess weekly high of GBP is 1.892...

Dallas GEP 17:05 GMT February 24, 2004 Reply   
Thanks JP. Yeah, that's exactly why I had the stop on that last set of EUR/USD shorts where I had it. Once, 1.2660 was broken, I knew new high would print for the day. Quite frankly, I didn't think it would break 1.2661 on first try but I was mistaken.

BTW, we all need help. LOL!!!

HK Kevin 17:03 GMT February 24, 2004 Reply   
hk ab, my chart readings tell EUR/$ could go to 1.2753, then re-test 1.24 level again at least, if breaks then 1.2873. Above that $ is in trouble again.

Barcelona JP 17:02 GMT February 24, 2004 Reply   
Snow keeps lighting the fire!!!!!

hk ab eur/gbp 0.66 17:01 GMT February 24, 2004 Reply   
Euroland 000 16:56 GMT February 24, 2004
hk ab eur/gbp 0.66 16:53 GMT February 24, 2004

I don't event know. Explain please. What happened?


Try to do it in brief.

When dlr/jpy was manipulated by those big names starting from X mas, dlr/jpy went up step by step from 115 to 135 in 5 months I think.

And then, all of a sudden, the carrytrade finishes and 135 to 125 was just a matter of week if my memory serves me right.

I still remember that nice weekly red candle in eurjpy and dlr/jpy.

then, many people thought history repeats and dlr/jpy is done. and spects tried shorts, however, they were squeezed up to 134 again including me.

That was a hard lesson......

Dallas GEP 16:56 GMT February 24, 2004 Reply   
Viktor, IMO most of the dollar bearish positons are at too high a level to enter a possie. I think tho that USD/JPY long with stop @ 107.67 would bear fruit in a couple of days. USD/CAD long from 1.3230 if seem with stop @ 1.3214 would be good as well IMO. Euro long MIGHT work but this level would have to break.

Panda,

I use BB, Stochs and MACD as chart indicators along with FIBS and MA. 30 minutes is what I normally use with 5 minutes to confirm entries and exits. The MACD as you now is a trend indicator. When ALL 3 line up properly I will normally take a trade. WARNING!!! Pound and GBP/JPY OFTEN go AGAINST indicators and that's why I don't trade them often. Plus 80-100 pip stops are common with those pairs.

Euroland 000 16:56 GMT February 24, 2004 Reply   
hk ab eur/gbp 0.66 16:53 GMT February 24, 2004

I don't event know. Explain please. What happened?

Nottingham 16:56 GMT February 24, 2004 Reply   
euro...expected high has been seen...if market takes 2710 will go into panic buy mode for 2737/50...for usdcad this would translate into break of 3270 for 3233 support where next long will be taken as continues to offer good bounce off targeted supports (3330/3286 earlier today)...gl gt

Barcelona JP 16:55 GMT February 24, 2004 Reply   
GEP

If I may help (you do not need any help), I use Elliot as a filter. I knew, as I posted, that if eur/usd traded over 1,2661 and cable over 1,8839, that were the signal to new highs.
1,2661 and 1,8839 are the low of eur and cable wave 1.

Now, we do not know yet in which wave we are. So we ought to wait. Today, tomorrow we'll see a retracement. And we know now that, if we want those pair up, they can not trade below 1,8450 and 1,2448.

hk ab eur/gbp 0.66 16:55 GMT February 24, 2004 Reply   
get some more nzd options?....
thinking.

hk ab eur/gbp 0.66 16:54 GMT February 24, 2004 Reply   
now, filled eur short 1.2630, 1.2645, 1.2570 and 1.2705. altogether 4.

Eastbourne PJ 16:54 GMT February 24, 2004 Reply   
london cam 16:48 GMT February 24, 2004
Ldn 16:25 GMT February 24, 2004

thks ldn but in which country?


Germany - BUNDESBANK = BUBA

hk ab eur/gbp 0.66 16:53 GMT February 24, 2004 Reply   
hope everyone remembers how dlr/jpy turns m/t in 2002.....

ln 16:53 GMT February 24, 2004 Reply   
Think the market can go up some more. I had thought that it would go down but price action suggests that it is up. I am going to go long with the hope that we will see more up than down. Hope that we do not go down after I go for upside as I do not want to close trade. Let us all go up and maybe then it will not go down. I am still going for up and hope that you all will join me. What do forum people think?

Indonesia solo Raden_masandi 16:52 GMT February 24, 2004 Reply   
gbp/usd 1.8810
to solo baru : ya..ya..ya.. i am yustin from makassar.

hk ab eur/gbp 0.66 16:50 GMT February 24, 2004 Reply   
pity is that dlr/jpy 108.05 never never filled.

Barcelona JP 16:49 GMT February 24, 2004 Reply   
I think that cable has room to 1,9004 without a big stop in its way to heaven. I'm not sure. So, take care.

hong kong nt 16:49 GMT February 24, 2004 Reply   
hk ab eur/gbp 0.66 16:46 GMT -- GBPJPY 205.00/50 possible tonight...

london cam 16:48 GMT February 24, 2004 Reply   
Ldn 16:25 GMT February 24, 2004

thks ldn but in which country?

Indonesia solo Raden_masandi 16:48 GMT February 24, 2004 Reply   
I mean 1.8923 (not 1.2923) LOL

Baz Jw 16:48 GMT February 24, 2004 Reply   
Gold Coast martin 16:41 GMT Heck yes - you were all of 30 pips out but did you have to overcorrect it with your forecast to 12650 today? will be joining Gep in that position trader status so hope you get this one spot on pal. GL GT

Euro Boy 001 16:47 GMT February 24, 2004 Reply   
Only USD/J can change direction of Euro..

and will do it soon with a Dp close to 103

Thats the reason i think USD/J and E/J is a Sell

Personal opinion



Indonesia solo Raden_masandi 16:47 GMT February 24, 2004 Reply   
hey friends.. sorry for my assistent. she is under pressure now.
Second counting down for gbp/usd at 1.2923. no compromise !!
very very danger if yiou buy here for gbp/usd.
I don't admire if big sarks seller gbp/usd come here for sell more.

hong kong nt 16:46 GMT February 24, 2004 Reply   
HKG panda 16:40 GMT -- better imagine a many zig-zag USD rebound in coming weeks, recent USD lows should hold well in coming weeks...

hk ab eur/gbp 0.66 16:46 GMT February 24, 2004 Reply   
nt, year of Monkey demands a greater swing.

short more eur 1.2705.

prauge viktor 16:42 GMT February 24, 2004 Reply   
hello Gep,how its for today long euro or its to early?thanks

Gold Coast martin 16:41 GMT February 24, 2004 Reply   
well people,i was totally wrong about the drop of the euro to 12420 and aud to 7580...i am still sure we will see it in the next 3-4 days but NOT in todays nyc session...g/l g/t

HKG panda 16:40 GMT February 24, 2004 Reply   
typo. I mean long USD/GBP, USD/CHF since this Monday.

Baz Jw 16:39 GMT February 24, 2004 Reply   
Euro Boy 001 16:32 GMT Not to worry! A few of us will join you today :-) I at least get the ID ten T award today - saw Dr. Q's post saying go with the market and don't try to trade against it and ignored it!!.
AAH well -- we all have those days! GL GT

Chicago Irish 16:39 GMT February 24, 2004 Reply   
Some mutterings about OBL captured/surrounded doing the rounds fwiw may have more credibility that prior rumours...

HKG panda 16:38 GMT February 24, 2004 Reply   
Dallas GEP.
I did take several short USD/GBP, USD/CHF positions and was stopped out since this Monday. The rationals is simple as I just trade the trend (last Fri. indicated USD should start to move up). However since this monday, USD went South as the shorter trend. So which trend to follow is the key question, the 'Fri trend' or the one starting from this Mon? So if I intend to 'trade with trade', how can I tell that the 'last Fri. USD up trend' is just a correction (for the past few months) and treat it as a chance for us to load up GBP, CHF or EUR? or vice versa?
Thks in advance.

phils vl 16:38 GMT February 24, 2004 Reply   
eur/usd -- has to take out 1.2766 high to neutralise the bearish intraday new cycle low of 1.2450 v 1.2715. If it fails to take out 1.2766, will then give the heavy weight cmmls enough space to retest 1.2450 low..

Solo Baru indotrader 16:36 GMT February 24, 2004 Reply   
raden
yup
so....are u Andi?
if yes i could know u

Chicago Irish 16:35 GMT February 24, 2004 Reply   
Bill:Ashes to ashes and dust to dust,yee -haw to y'all, do works of fiction burn at all? Sad to see quality being overwhelmed by quantity.

Quito Valdez 16:33 GMT February 24, 2004 Reply   
Oakland Daimyo// Right on. Backs up my suspicions. Love this tidal wave! Now I can buy new shoes. Thanx! :}

Indonesia solo Raden_masandi 16:33 GMT February 24, 2004 Reply   
I'm Raden_masandi asissten, Raden said I don't know, I'm boring to answer that. Are u from solo too, today so many members form solo?

Euro Boy 001 16:32 GMT February 24, 2004 Reply   
Thanks... Bill

Barcelona JP 16:31 GMT February 24, 2004 Reply   
OK. Thank you for keeping my long cable.

hong kong nt 16:31 GMT February 24, 2004 Reply   
sell 1 lot GBP at 1.8900...

Ldn 16:31 GMT February 24, 2004 Reply   
Dallas GEP I dont think your alone with that today, Aussie has been a bit of a disappointment along with the Euro think we were all looking for lower levels today .. good luck for the rest of it though and hopefully things should turn around.

Quito Valdez 16:29 GMT February 24, 2004 Reply   
Indonesia// Sorry but things are popping in the trading room today...wanna refer a website to you ref. something you may find useful per your question(s) a bit ago.

http://www.forex-markets.com/bmo.htm

Gives Bank of Montreal's summation of things, long term predictions of currencies to Jan 2005. But place tongue in cheek a bit, lots can happen in the meantime. Bank of Montreal has always been one of several favorite sources 4 me.

Valdez

juchipila max 16:27 GMT February 24, 2004 Reply   
Possible flag in cable target 1.90 & 9 , 18 moving averages are about to cross

Dallas GEP 16:27 GMT February 24, 2004 Reply   
See ML, I told you we all take turns!!! Today I get the DA of the day award!!! LOL But tom., it will be a different story!!! LOL

NYC Bill 16:26 GMT February 24, 2004 Reply   
B uried
U nder
B urnt
A sh

Like some trading sheets probably look like.

Solo Baru indotrader 16:26 GMT February 24, 2004 Reply   
raden
what the downside target?

Oakland Daimyo 16:26 GMT February 24, 2004 Reply   
Large operators appear to be allowing EUR/USD to drift higher, what remains to be seen is if they will allow resumption of uptrend or will continue distribution phase. For now, the price/volume/momentum relationship suggests the current move up is not new positions (institutions) but promotion (specs) in order to bid mkt up. This action will allow them to dump supply w/o marking the price down on themselves. It appears that position players are setting up shop for the next run lower (1.2450/ 1.2330). Mkt needs to take out at least 1.2740/1.2770 before we can say USD negative again. Please note, buying pressure is strong and in control so I would not short this mkt until failure. What that failure looks like I’ll let you decide. Staying patient. This story line is far from over. GT

Ldn 16:25 GMT February 24, 2004 Reply   
london cam the equivalent to the FED

Dallas GEP 16:24 GMT February 24, 2004 Reply   
Well Friends, I may have to put on my position trader hat here for a time it appears. These short Euros with average traded now of 1.2592. The last set of lots that I took were stopped out @ 1.2667 so that leaves me with first two sets of lots. I do beleive we will see the 1.25's again in the next few days so I will hold for that. Obviously not a good daytrade at all if one were to try and maintain a 30-40 pip loss aversion. I thought the range this week would be 1,2350 to 1.2650. We obviously are above that top level now. I still beleive that 1.2350 Will be seen but I could be proven wrong there as well. I am very happy for those that did short the dollar. I will simply wait my turn!!! LOL

Euro Boy 001 16:24 GMT February 24, 2004 Reply   
E/J ...looks on Sell mode now for 134


What is buba?...


london cam 16:24 GMT February 24, 2004 Reply   
Ldn - for my benefit, who or what is buba?
thks

hong kong nt 16:20 GMT February 24, 2004 Reply   
a bit early to reverse, may see GBP 1.9000 x JPY 108 = GBPJPY 205.2...

Ldn 16:19 GMT February 24, 2004 Reply   
Rumors of buba in market

Indonesia solo Raden_masandi 16:18 GMT February 24, 2004 Reply   
hey.. eur/usd and gbp/usd now is on the counting down.
1.2700 and 1.8902
ready ?

Atlanta. MM 16:17 GMT February 24, 2004 Reply   
Indonesia solo Raden_masandi hi is the Aussie in overbought levels yet , can we see lower thanks

Quito Valdez 16:17 GMT February 24, 2004 Reply   
nyc jk// Thanks for the Forum rules comment, I didn't know as I'm a newbie to this forum (and I like you guys!) . I can see why in a flash, sheesh, the forum would be bogged with ads and stuff. If anyone would like to email me about what broker they like best (and worst!), please do at:

[email protected] No viagra, breast enlargement, online dating or loan consolidation mail pweeze. (:-)

GA TJ 16:16 GMT February 24, 2004 Reply   
ML,

I took the GBPJPY long last night @202.30 and Cable @ 186.72. It is very uncomfortable for me when it gets this easy. Am always trying to figure out what I forget to check which in turn causes Trader CCF (Colossal Cranial Flatulence).

Set stops at B/E. Have to leave the screen for a few more hours today.

Chambery FR JFB 16:15 GMT February 24, 2004 Reply   
melbourne farmacia 15:45 GMT February 24, 2004
Thx, have just done that (close my long) for +65 pips that covers part of the -81 pips previous short. Happy trades

beijing road 16:14 GMT February 24, 2004 Reply   
I bet 1.2920 is Not the top and as long as 1.23 is held , buy on dip might work well for eur/USD.

Indonesia solo Raden_masandi 16:14 GMT February 24, 2004 Reply   

done at 1.2690
be carefull eur/usd when at 1.2690 area and gbp/usd when at 1.8900/04.
maybe move down again from here.

Quito Valdez 16:12 GMT February 24, 2004 Reply   
Welp my prediction of 1.2685 hit and exceeded. Lucky me. I just made enough to have an espresso.

ICT ML 16:09 GMT February 24, 2004 Reply   
TJ...until proven other wise, it is in another up move, with 1.8700 the key to staying that way......took a chance and went long gbp/jpy on break for 205.....we'll see if it pans out or not

Ldn 16:09 GMT February 24, 2004 Reply   
The Treasurer, Peter Costello, will warn today that Australia faces higher taxes, deep Government spending cuts or massive budget deficits unless more mothers and older people stay in the workforce.

Pecs Andras 16:08 GMT February 24, 2004 Reply   
I think this is another piece of evidence that we all should sometimes listen to these kinds of posts.
Farmacia said the following when cable was trading at 8748, repeated about an hour later, cable still trading in a tight range.
Hats of to you Paul!:-)

melbourne farmacia 11:11 GMT February 24, 2004
Gbp/usd shorters should be careful at this stage as 1.8885 could be seen. flat myself fwiw.

Newcastle GH 16:07 GMT February 24, 2004 Reply   
Quito Valdez

I presume it is not really permitted to talk of these things on the Forum.
Obviously "Jay" cannot really accept discussions because of commercial interest. Some of the companies which he advertises here could cop a beating- perhaps praise too!

I think it would really serve us all if we could see some fair and realistic appraisals of trading platforms etc. Carried out with the correct spirit I think it would be a plus for the Forum.

It's a "Tooheys" if you mean the Aussie beer!

Cheers!

GA TJ 16:07 GMT February 24, 2004 Reply   
ML,

How do you propose that we thank Her Majesty? For her currency has been very, very good to us. Daddy gonna be a new car!

BTW, NYC Bill blow it out your backside. I have seen GEP make more very short term winning trades then just about anyone on this forum. Perhaps if you follow his lead you learn a thing or two about pip raiding. I know I have. But don't tell GEP, he might let it go to his head LOL.

nyc jk 16:05 GMT February 24, 2004 Reply   
Valdez - it is against the rules of the forum to post broker names. you can send an email to Jay about brokers, or ask him for other forum members emails to contact them directly.

Saudi Arabia Gamber 16:02 GMT February 24, 2004 Reply   
Guys

There is a gap 1.2607 - 1.26640. i think it has to be filled soon. what do u think?

Dallas GEP 16:01 GMT February 24, 2004 Reply   
BTW JB, that was a hellofa Call on Eur Level!!!!

Quito Valdez 16:00 GMT February 24, 2004 Reply   
Humm, no one answered my question of what Forex house they like...I wanna see what the rest of the world does. Two heads are thicker than one! :/

Ldn 16:00 GMT February 24, 2004 Reply   
MARKET TALK: USD Stabilizes, Possibly With Official Help
Talk of suspicious bids in USD/JPY stirs rumors of BOJ, but not clear at this point whether bids are official

Dallas GEP 15:58 GMT February 24, 2004 Reply   
The London guys started this USD bear run last night with driving the POUND long against the indicators and that had the effect of pulling the other ccy pairings along with it. Then we had those bad ISM numbers and stops got run on Euro. Is it sustainable, the Euro run up??? At this time I quite frankly am not sure.

Quito Valdez 15:55 GMT February 24, 2004 Reply   
Fine, if China rasies interest rates it goes right along with what I read about the Yuan being 40% undervalued. Higher interest rates will obviously increase the value of the currency and you might see a nice peak there to bring it more towards it's real value (so the Gawds say). China is enjoying a heyday of exporting, econ's solid, poultry industry sucks, outlook is good. More Peking duck!

Ldn 15:54 GMT February 24, 2004 Reply   
NEWS: Snow Reiterates Strong Dollar Policy

Dallas GEP 15:53 GMT February 24, 2004 Reply   
Appreciate the support guys. NYC Bill is acting on his concern for others and I can appreciate that sentiment. That's in my view why most of us post here anyway. There's just a difference of opinion, obviously. Let's all move on.

HKG panda 15:52 GMT February 24, 2004 Reply   
totally agreed with Baz Jw.

hong kong nt 15:52 GMT February 24, 2004 Reply   
perhaps, the key of coming weeks is a "zig-zag recovery of dollar"...

Quito Valdez 15:52 GMT February 24, 2004 Reply   
CFR..there ain't no currency! I am writing an article of the Council on Foreign Relations for a local paper, I meant the CHF. It's hard to chew gum and walk at the same time. A few more neurons dead and I'll be a fetus again.

Ldn 15:51 GMT February 24, 2004 Reply   
Interest rate rise could be used to cool China
Further evidence emerged on Monday that the Chinese economy could be overheating, and state-controlled news media said that the central bank was considering an increase in interest rates. Producer prices rose 3.5 per cent in January from a year earlier, a sharp acceleration from the 1.9 per cent advance in November. In one of the many peculiarities of Chinese statistics, no number for December has been released.

The figures added a new reason for concerns about inflation. Citing three Chinese economists, one of them in the government although not with the central bank, the semi-official China Daily said in a cover article in its business section that "there is a possibility that China might raise interest rates this year to counter continually rising consumer prices and investment growth".
The New York Times

SanFranciso tg 15:50 GMT February 24, 2004 Reply   
Farmacia - Seeing same, was looking to short around 8840 but the data didn't allow, so its long, cover short around 1.8860, long again around 1.8800 I would think. But thinking gets me in trouble too.

Quito Valdez 15:48 GMT February 24, 2004 Reply   
1.2679 printed on my machine so we might see 1.27ish, I'd bet a ham on rye and a Toohey we do.

SA getFX 15:48 GMT February 24, 2004 Reply   
Euro > another 2 cents:
R4 is 1.2683, R5 = 1.2769
For me, down would help! I also have 3 shorts!
GL

chicago cal 15:47 GMT February 24, 2004 Reply   
i'm out guys 10hrs is enuf 4 me; closed euro longs btw

later

SG Jay 15:46 GMT February 24, 2004 Reply   
Hi Guys , do you think we will see (eur/dlr) 1.2710 today ?

Baz Jw 15:46 GMT February 24, 2004 Reply   
NYC Bill 15:38 GMT Back off pal. Gep is a respected contributor to the forum. No need for this sort of thing.

GENEVA FHR 15:46 GMT February 24, 2004 Reply   
Quito what currency is CFR

Dallas GEP 15:45 GMT February 24, 2004 Reply   
Euro Boy, that more than likely is due to BOJ bids. Eur/JPY and GBP/JPY are propping it up as well with them going long.

melbourne farmacia 15:45 GMT February 24, 2004 Reply   
Chambery FR JFB 15:36 GMT February 24, 2004
melbourne farmacia 11:11 GMT February 24, 2004
Gbp/usd shorters should be careful at this stage as 1.8885 could be seen. flat myself fwiw.

Cover your trade and buy back tomorrow sub 1.8800. GT

beirut jb 15:44 GMT February 24, 2004 Reply   
hi traders,

in my earlier post since late friday, my vue was eur/$ should retrace to at least 126.5 ~ 127,

this goal is acheived , what now ?

well I still favorise ranging mode inspite daily is short since close of friday,in this perspective 12640 and 126 should offer support here and target should be 12770, and if broken eur/$ will test hi again,

that offer us this swing trade:

buy 126 hold, sell 126 break

for intraday play, long it at 1240 , short it at 12730 ~12750

GL GT


Chambery FR JFB 15:44 GMT February 24, 2004 Reply   
hong kong nt 15:41 GMT February 24, 2004
Except W3 of last drop was 540 pips (1.8997-1.8455 :-) Just imvho of course..

melbourne 15:44 GMT February 24, 2004 Reply   
usd/chf, if no bounce from 1.24 bulls can buy more dollar down at 1.2280/1.23 over the next few sessions. the downward pressure should accelerate once usd/jpy slide below 108

st. pete islander 15:43 GMT February 24, 2004 Reply   
You know, GEP ... we get about one of these guys a month. I've done the math. Not bad when you think of all the good ones, eh?

My clunky old mechanical system says that above 1.2685/90, there be draggons! gt

Quito Valdez 15:42 GMT February 24, 2004 Reply   
I think the best part of the forum concept is mutual respect and help. Nuff said. Afterall we are not trading real money, we're trading bank note debt relatively unbacked by any precious metal supply. The CFR is backed they say by 32% prec metals and it's the highest backed currency in the world. The USD is something like 8% backed. So we are debt traders really. Fine. We know that. But what some must remember this is only a demand supply market, nothing else and as fickle is that is we need all the COOPERATION and respect we can muster if we, as a forum, are to help one another. No finger pointing.

Euro Boy 001 15:41 GMT February 24, 2004 Reply   
Im surprize with USD/J holding above 108..


hong kong nt 15:41 GMT February 24, 2004 Reply   
feel pretty safe to sell GBP after 400+ pips rebound...

Bris TW 15:40 GMT February 24, 2004 Reply   
NYC Bill 15:38 GMT
What are you on about tool?

Oakland Daimyo 15:39 GMT February 24, 2004 Reply   
Miami OMIL-- Looking to sell EUR/USD, we reached retracement level, are u ready?

NYC Bill 15:38 GMT February 24, 2004 Reply   
I will post again right after you post that you took profit after averaging THREE times. Well done lad.

Dallas GEP 15:37 GMT February 24, 2004 Reply   
BTW, Bill, my lack of discipline as you call it pays me VERY VERY well!!! I do screw up at times, we all do, but I will be the FIRST one to say I did screw up.

phils vl 15:37 GMT February 24, 2004 Reply   
eur/usd ... stopped out at 1.2629(ask)... "s/l well abv 1.2615"

you have a problem Bill?? you better stick to looking at your own trades.. and refrain from implying something you know nuts about... got it babe??

Chambery FR JFB 15:36 GMT February 24, 2004 Reply   
ML, do you see that channel on hourly GBP : lower t/l from 02/06 low to Friday low, then parallel that goes thru last week high... it dies right now @1.8874 that we just touched...Very tempted to reverse here :-)

Dallas GEP 15:35 GMT February 24, 2004 Reply   
Bill, I post very clearly when I take possies and when I take losses and wins. What is BS is your post. I don't have time for it quite frankly and if you desire to be more helpful why don't you post more often?????

hong kong nt 15:34 GMT February 24, 2004 Reply   
Square London 15:30 GMT -- good support of dlr/jpy 107.50/80...

Indonesia Solo raden_masandi 15:34 GMT February 24, 2004 Reply   
hey dealers!!!
gbp/usd fly to get 1.8938
be carefull with this number area !! maybe as top.. maybe..

Chicago Irish 15:34 GMT February 24, 2004 Reply   
NYC Bill.........Should be Buffalo Bill :-)

hong kong nt 15:33 GMT February 24, 2004 Reply   
expect GBP/JPY 205 and EUR/JPY 138 may cap upside this week...

ICT ML 15:32 GMT February 24, 2004 Reply   
waiting for gbp/jpy to break through 204 hard...there it went...keep going ...

NYC Bill 15:31 GMT February 24, 2004 Reply   
Of course if it went 1.2810 bid, your stops wuld have been done at 1.2661 right? This is BS when people post things like "stop above 60", because it leaves a lot of room for backpeddling. By the way, Websters dictionary, Discipline.

Square London 15:30 GMT February 24, 2004 Reply   
ie. Would USD/JPY be a good sell below 108?

ICT ML 15:30 GMT February 24, 2004 Reply   
anyone else picking up on a pattern...its only safe to long U$D on Fridays lately.......fwiw, that is my opinion now....

Indonesia Solo raden_masandi 15:30 GMT February 24, 2004 Reply   
hey friends !!
please focuse for eur/usd at 1.2690 and if show you 1.2607 that's mean give you message will get 1.2741. ussually when price give you message will up to get 1.2741 price move down for a while to make swing. In this condition please still focuse on buy (don't sell).
be carefull !!

Square London 15:29 GMT February 24, 2004 Reply   
Anyone have any views on USD/JPY around the 108 level. What if it breaks 108?

Dallas GEP 15:29 GMT February 24, 2004 Reply   
What's you point Bill???

chicago cal 15:29 GMT February 24, 2004 Reply   
my usd/jpy long stopped out, however euro long is still in play fyi

AlexVA Dennis 15:27 GMT February 24, 2004 Reply   
US data: Economist Ian Shepherdson of HFE says of consumer confidence, "Absent the usual factors that can depress confidence quickly - falling stock prices, exogenous shocks, sudden rate hikes - we think it likely that much, if not all this decline is due to the severe weather. Widespread storms temporarily boosted layoffs in the early part of the month. Note that the big snowstorms of Jan 96 pushed the headline index down 10.8 points; it rebounded 9.6 points the next month. We expect a repeat now."

Quite interesting that once again we are seeing no negative reaction to poor IFO data but a strong reaction to the relativvely minor Conference Board CCI.

Quito Valdez 15:25 GMT February 24, 2004 Reply   
I did a "print screen" for my archives on the 9:59-10:00 time line/Greenweenie speech, for the USD/EURO pair, "classic"! Humm, if I were a bettin' man I'd say even 1.2685 wouldn't be outa the ballpark today but watch next day "classic" recovery groping for support on a somewhat rickety ladder.

BY THE WAY GANG, WHO DO YOU LIKE FOR A TRADING HOUSE? Better still, who DON'T you like?

Bristol/UK Stag 15:25 GMT February 24, 2004 Reply   
Well my Eur/USD shorts were wiped out. It hurt - but not as much if I hadn'y had my stops in place! Onwards and upwards? Ill take a breather here and re-evaluate.

Dallas GEP 15:25 GMT February 24, 2004 Reply   
Bill I stopped out on that GBP short as posted. USD/JPY long Still in play. 3 times I have sold euro.

NYC Bill 15:24 GMT February 24, 2004 Reply   
How about now? Stop above 60 mean 1.2910?

Barcelona JP 15:22 GMT February 24, 2004 Reply   
I must go now. My long cable @ 1,8793 has stop placed @
1,8813. Please, I'll be 45' out, take care of my trade!!!!

NYC Bill 15:21 GMT February 24, 2004 Reply   
Mr. GEP, how many times have you sold EURO today? Do you still have the USDYEN long? The GBP short? TIA

Dallas GEP 15:20 GMT February 24, 2004 Reply   
Shorted some more lots of Euro @ 1.2633 (stop above 1.2660)

Saudi Arabia Gamber 15:17 GMT February 24, 2004 Reply   
Raden
what is the effect of Greenspan speech in eur$ please

Global-View 15:16 GMT February 24, 2004 Reply   
To the imposter "solo" - check your email

Indonesia Solo raden_masandi 15:16 GMT February 24, 2004 Reply   
hey friends... you get that party?

Dallas GEP 15:16 GMT February 24, 2004 Reply   
Well This is Good (sarcastically he says, LOL). This thing is though with cable @ 1.8831 , you would expect Euro to actually be at a higher level tho. GREAT call Raden on USD/CAD short. My usd/jpy long still holding up due in no doubt to some MOF bidding probably. Eur/USD shorts are getting beat up for the time being but I am not overly concerned about it (1.2640 held at least for time being).

Melbourne last night was one of the ones that thought the Euro might just go long and he was right. Cable according to Stochs , BB was showing to be a short earlier @ 1.8764 so I took it and it stopped @ 1.8803 for -39 pips.

The GOOD news about us having differing views is that the market will move because of them and with that we can all make money. May have to wait tho until later to cash in these Euro shorts if 1.2640/50 doesn't hold!!! LOL

Indonesia Solo raden_masandi 15:14 GMT February 24, 2004 Reply   
also gbp/usd... have done at 1.8809. in fact give me extra bonus. thnaks Mr. Greenspan.
also aud/usd have done at 0.7791.
also usd/cad still floating profit.
also still wait for gold at 406.
cihuiiiii.

Bris TW 15:13 GMT February 24, 2004 Reply   
SAR 1.8880

Barcelona JP 15:12 GMT February 24, 2004 Reply   
If cable has done it, eur/usd could trade now over 1,2661.

Indonesia Solo raden_masandi 15:11 GMT February 24, 2004 Reply   
Mr. Greenspan..thanks for your speach. my eur/usd have done at 1.2636-49.
once more I must say thanks.

to Indonesia solo disguised... are you from solo too ?

SA getFX 15:11 GMT February 24, 2004 Reply   
Cairo > try:
http://www.bloomberg.com/markets/index.html?topnav=tv

Barcelona JP 15:10 GMT February 24, 2004 Reply   
If that were the case, we are going to see it over 1,91xx again

Ldn 15:10 GMT February 24, 2004 Reply   
AUD/USD: Sellers Stacked Between 0.7765/80 And Curb Rise

hong kong nt 15:08 GMT February 24, 2004 Reply   
ab- entered short GBP 1.884, AUD 0.7777, NZD 0.6888...

Barcelona JP 15:08 GMT February 24, 2004 Reply   
Cable has traded over 1,8839, the low of wave 1.

It could be a simple A-B-C

Lets see

Bris TW 15:08 GMT February 24, 2004 Reply   
Short Cable 1.8840

Cairo MDR 15:07 GMT February 24, 2004 Reply   
doesn anybody has a link through which i can watch greenspan speach.
TIA

Chambery FR JFB 15:06 GMT February 24, 2004 Reply   
SAR @1.8805 hit on gbp short from 1.8629, am now long, s/l 1.8770 :-)

Lagos Styrax 15:06 GMT February 24, 2004 Reply   
Took +31 pips off aud/usd
But things have gone awry bad with usd/chf
any insight pls

Cairo MDR 15:05 GMT February 24, 2004 Reply   
I am long euro since 2516, thanx to consumer confidence of the USA, I hope greenspan stick to his last words that he said last time.

beijing road 15:05 GMT February 24, 2004 Reply   
Readjust eur stop to 1.2570.

Euroland 000 15:04 GMT February 24, 2004 Reply   
Target please !!! on euro? how much high can we expect?
Thanx

Barcelona JP 15:03 GMT February 24, 2004 Reply   
Long cable @1,8793

beijing road 15:02 GMT February 24, 2004 Reply   
JP: i got it. thanks.

GENEVA FHR 15:00 GMT February 24, 2004 Reply   
Consumer Conf 87.3

Barcelona JP 14:56 GMT February 24, 2004 Reply   
beijing road 14:51 GMT February 24, 2004

Could be that. Only an A-B-C. How can we know it?
If it trades over 1,2661, it had been an A-B-C.
And then we could see 1,3000

Nottingham 14:52 GMT February 24, 2004 Reply   
Expecting for 1500gmt US cons conf report have been lowered in past few days from 98 to as low as 90 in some cases (cons 92/96 as far as i can gather) following weaker numbers from other US releases + euro conf report....so market set up for low number...if number surprises as in equals last months 98, then $ ought to get a good boost...if not you can be pretty certain of a test of 2650 on euro at some stage today...gl gt

beijing road 14:51 GMT February 24, 2004 Reply   
JP: sorry. I should say why not 3-waves (a-b-c)? Is 5Ws down is a must?

Barcelona JP 14:50 GMT February 24, 2004 Reply   
NYC NYC 14:48 GMT February 24, 2004

SORRY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

It is Consumer Confidence

Va Raven 14:49 GMT February 24, 2004 Reply   
Barcelona JP 14:45 - Do we have ISM due today?

NYC NYC 14:48 GMT February 24, 2004 Reply   
Barcelona. IT IS NOT THE ISM.

Barcelona JP 14:45 GMT February 24, 2004 Reply   
My doubt is: will the sharks priced in a worst than expected ISM?

If that were the case, we are going a lose our pants, to be polite.

GVI 14:44 GMT February 24, 2004 Reply   
Warsaw, that news came out awhile ago. Note (from GVI):

Spotforex NY 14:01 GMT February 24, 2004
German Econ Min - IFO decline is a warning shot - DJ news

Quito Valdez 14:42 GMT February 24, 2004 Reply   
Barcelona, I'm with you 100% on that. We need a real firm test of support before we can say much and I agree that support is probably in the 1.24 range. That does give us a good "topographical relief" wavey format to play in of course. I've got a lot of cash in Frankfurt that's tied up in Euro investments of one kind or the other and I'm not shaking as I consider this a very long long Euro trip here. When it does hit 1.30 that cash will dissolve into something else as I'm not willing to long anything after that due to all the totally unpredictable variables, right now it's earings are pretty good no matter what it's in so Euro/USD movements don't make be bite the buttons off my office chair. Thanks for your words, you always make a lot of sence to me.

Barcelona JP 14:42 GMT February 24, 2004 Reply   
beijing road 14:39 GMT February 24, 2004

Look at the hourly chart

warsaw mach 14:41 GMT February 24, 2004 Reply   
For those who have eurusd shorts

BERLIN, Feb 24 (Reuters) - German Economy Minister Wolfgang Clement said on Tuesday the European Central Bank should take heed of a fall in Germany's Ifo business climate index when weighing up its monetary policy.
"The drop in the Ifo index shows how vulnerable the shoots of recovery are to any kind of disturbance," Clement said in a statement, describing the move as "a clear warning shot".
"The dampening in business expecations is a clear call on the European Central Bank to pay the highest attention to the consequences of its monetary policy," he added.
Ifo reported earlier its pan-German business climate index dipped in February for the first time in 10 months, bucking analysts' expectations for a slight rise, as the strong euro dampened manufacturers' export expectations.

beijing road 14:39 GMT February 24, 2004 Reply   
JP: why 3Ws down?

Nottingham 14:39 GMT February 24, 2004 Reply   
usdcad...gave a decent bounce from yest lows so buying dips still safe...next support comes in at 3286 and a break through 3309 (inflection point) might see a quick spike down to there where long favoured for bounce to prev trough in 332x area...gl gt

beijing road 14:38 GMT February 24, 2004 Reply   
Valdez: great insights.

Barcelona JP 14:38 GMT February 24, 2004 Reply   
CABLE at 61,8% (1,8794-6)

Barcelona JP 14:36 GMT February 24, 2004 Reply   
Quito Valdez 14:30 GMT February 24, 2004

I do think, amigo, that we'll se that magic level and perhaps a higher one. But what I want to say it is that, looking at the chart, we have a nice three waves down. Now, we'd be drawing wave 4 up and then 5 down. If eur/usd does not trade over 1,2661, we'll see it below 1,2400 at least. And then we'll see.

Bristol/UK Stag 14:30 GMT February 24, 2004 Reply   
Added to my Eur/USD short @12596

Bristol/UK Stag 09:49 GMT February 24, 2004
USD/YEN - bought at 10833; target 10860. my EUR/USD short 12575 in play, target 12530

Quito Valdez 14:30 GMT February 24, 2004 Reply   
Indonesia// Yes in my op the 1.30 is on the way backed up by conditions in the USA that won't change rapidly. Bank of Montreal says 1.35 by year's end but that's a galaxy away and more or less meaningless to careful traders.

Quito Valdez 14:28 GMT February 24, 2004 Reply   
Right on, Barcelona! This Euro/USD thing is still wobbly Indonesia, this is like nitroglycerine on a hot summer's day.

Indonesia SoloDisguiesd 14:27 GMT February 24, 2004 Reply   
Quito Valdez 14:22 GMT February 24, 2004
so... do you mean that the 1.3 target still on the way
and what the low that u think
thx

Quito Valdez 14:26 GMT February 24, 2004 Reply   
Indonesia//

By the way amigo the Brittish pounds is now what many gurus are choosing as their pet currency for longs, say month longers if you don't want to ulcerate yourself over shorts on the USD/EURO pair. Keep your eyes on the Canadian buck to move down with crummy financial data coming thru for that country. The Aussie dollar also is a watcher and popular but it may be running out of greese.

Barcelona JP 14:26 GMT February 24, 2004 Reply   
Quito Valdez

The gurus can say whatever they please, but if you, lets say, buy eur/usd now and you see it @ 1,2050, I would not wish to see your face. And I do not want to say a word about your pocket!!!!

Barcelona JP 14:22 GMT February 24, 2004 Reply   
Chambery FR JFB 14:11 GMT February 24, 2004

Elliotist say that the bigger the retrace the smaller the way up or down.

Quito Valdez 14:22 GMT February 24, 2004 Reply   
Indonesia// The forcasts are still for a weaker USD from the gurus per my newsletters I get...and for good reasons which you should research online to know more about this. It's still in the crystal balls that a 1.30 dollar will happen and not particularly far in the future after this surge is over in a while...week or two maybe.

The Euro got weaker also due to financial data from EU so these two compounding conditions are what is doing the percieved bounceback of the dollar in relation to the Euro.

The USD hit 1.26 so far today, a bit higher than yesterday at this time so it's inching back I think. I'm not playing as there isn't enough high and low for me.

None of the gurus thinks that the Euro will get any support from the ECB til after 1.30USD/EURO and then no one agrees on what exactly will be the pain threshold of the EU, not even the EU. We need a crystal ball machine with a quarter slot.

Confidence levels in the stock market are wobbly, not bad but not what we want, so this may effect a more rapid dollar decline. But the US econ is perking up nicely too which would strengthen USD support theoretically. You can get all this info on line from various free newsletters, pick and choose what's good for you.

Valdez

NYC NYC 14:20 GMT February 24, 2004 Reply   
There is no ISM today. it is conf bd consumer sentiment.

Nottingham 14:19 GMT February 24, 2004 Reply   
no ism on my calendar...only con conf...exp 92-96

Barcelona JP 14:19 GMT February 24, 2004 Reply   
GEP

I want to agree with you, but I opted to be out until ISM.

sydney gvm 14:18 GMT February 24, 2004 Reply   
GEP I tend to agree on USD strength but then again I am talking my book - had a good long look at DX charts today after conversations here recently and that break up looks pretty convincing - altho I am a system trader not spot man like yourself

Barcelona JP 14:17 GMT February 24, 2004 Reply   
Chambery FR JFB 14:11 GMT February 24, 2004

We could say that cable has retraced 61,8% and stopped.
But it has room to go to 1,8839. If it trades over, all shorts positions should be closed.

Now, we should wait for ISM. It will make the move.
It is possible that until ISM we'd see it between 1,8740-1,8770

Dallas DEW 14:17 GMT February 24, 2004 Reply   
GEP,
When you shorted the pound were you looking at the divergence in the macd?

Toronto Bogdan 14:15 GMT February 24, 2004 Reply   
Greenspan will speak at 10 am eat. What do you guys think will happen to the USD?

Dallas GEP 14:14 GMT February 24, 2004 Reply   
JP, I know taking trades prior to ISM is probably not the wisest thing but I take a contrarian view in that regardless of the data baring any WILD actual number, the dollar SHOULD pick up strength in US session.

Dublin Flip 14:13 GMT February 24, 2004 Reply   
Solo. Both mate. it's called range trading.

Chambery FR JFB 14:13 GMT February 24, 2004 Reply   
Barcelona JP 14:09 GMT February 24, 2004
I thought we were expecting Consumer's confidence at 15:00gmt... I thought ISM was another index... Am I wrong? tia

Nottingham Daniel 14:12 GMT February 24, 2004 Reply   
Deutsche Bank remarks -
anticapate buying interest at 1.2385/95 & at 1.2360
1.2635/45 - risk reward limit

Chambery FR JFB 14:11 GMT February 24, 2004 Reply   
Barcelona JP 14:06 GMT February 24, 2004
Isn't that W4 length (in time I mean) worrying for the downtrend? Still hasn't touched neither the upper t/l nor the Fib 61.8, but I fear it may break both like a japanese wall after US numbers... Comment very welcome :-)

ML : thx :-)

Indonesia SoloDisguiesd 14:10 GMT February 24, 2004 Reply   
anyone please help me with the direction of eur/usd
is it down or up
i'm confuse rigth now

Barcelona JP 14:09 GMT February 24, 2004 Reply   
Dallas, GEP

If ISM comes worst than expected, take the money and run.

Barcelona JP 14:07 GMT February 24, 2004 Reply   
But we are waiting for ISM at 15:00 GMT. So better do not trade now.

Barcelona JP 14:06 GMT February 24, 2004 Reply   
Cable is a sell if it loses 1,8745.

ICT ML 14:05 GMT February 24, 2004 Reply   
JFB...well, IF this is the start of yet another move up, than 1.8700 is the BOD / key support, and 1.8900 is a target of a flag I think...so I'm not sure what is really up right now...we'll find out soon though

Chambery FR JFB 14:02 GMT February 24, 2004 Reply   
ICT ML 13:43 GMT February 24, 2004
Hello ML :-) May I ask what's your view for the beast? Will that 1.8790/8800 barrier hold or not? tia :-)

Sydney gvm 14:02 GMT February 24, 2004 Reply   
Raden I have April Gold offered at @ 402.2

Dallas GEP 14:01 GMT February 24, 2004 Reply   
Shorted POUND 1.8764, stop over fig.

Euroland 000 14:01 GMT February 24, 2004 Reply   
mach, I've just posted a full article about that! very interesting i think
GT/GL

warsaw mach 13:59 GMT February 24, 2004 Reply   
what do you think about US data today and its impact on Eurusd

Swiss DG 13:58 GMT February 24, 2004 Reply   
Raden,
What do you expect?

Indonesia Solo raden_masandi 13:55 GMT February 24, 2004 Reply   
warning !!
gold 406 usd/troy

Nottingham 13:53 GMT February 24, 2004 Reply   
Russia...back in 98 Russian bond collapse hit western markets hard...following year was a repeat but western markets were much less affected...more recent hiccups have hardly hit the front pages of the financial press...the market has become desensitized to Russian fall-out and we would need to see something of the magnitude of what occured in 98 to have a serious impact on western markets

Indonesia Solo raden_masandi 13:50 GMT February 24, 2004 Reply   
hey friends..
no !! still no sell signal for eur/usd and gbp/usd.
also usd/cad give you chance for sell at high (have given sell signal to get 1.3230. move high now is "funny" because move up on the sell signal.

Dallas GEP 13:48 GMT February 24, 2004 Reply   
Actually 1.2486 I see now. Might consider lowering it a tad!!!

Dallas GEP 13:46 GMT February 24, 2004 Reply   
I think I suggested a stop of 1.2483 on @ 1.2500 USD/CHF long, that was CLOSE as market saw 1.2487 it seems thus far.

Spotforex NY 13:45 GMT February 24, 2004 Reply   
In a statement on national television Putin said he made the move in order to reshuffle the Cabinet ahead of the March 14 presidential elections.

The dismissal of the prime minister also means the dismissal of the rest of the government ministers, although any of them potentially could be reappointed.

The announcement sent shares tumbling on the Russian stock market, with dips of 3% to 5% within minutes of Putin's statement, the Interfax news agency reported.

London HC 13:45 GMT February 24, 2004 Reply   
Putin sacking of the PM has been speculated for months.

ICT ML 13:43 GMT February 24, 2004 Reply   
Well well...if true, welcome back to hardline communism, and you folks in europe........welcome to the EUSSR.......you made it so easy for what is going to happen soon, if this all plays out as many in DOD expected....

Euroland 000 13:43 GMT February 24, 2004 Reply   
Bloomberg article:February 24, 2004 08:22 EST
Dollar Weakens Against Euro Before Consumer Confidence Report
Feb. 24 (Bloomberg) -- The dollar fell versus the euro in New York on speculation last week's 1.6 percent rise exaggerated demand for the U.S. currency given expectations a Conference Board report today will show consumer confidence declined.

The U.S. currency also slid against the British pound, Swiss franc and Australian dollar. Demand for the dollar fell even after the Ifo institute said German business confidence unexpectedly waned in February for the first time in 10 months.

``None of the U.S. data is likely to be supportive,'' said Ian Stannard, a currency strategist at BNP Paribas SA in London. ``That euro-dollar is holding up well despite the disappointing Ifo report shows the underlying strength of the euro.''

Against the euro, the dollar was at $1.2589 at 8:20 a.m. from $1.2556 late yesterday, according to EBS prices. The euro, which rose to a record $1.2930 on Wednesday, is down 2.5 percent since then.

The Conference Board's index of consumer confidence may have dropped in February to 92.3 from an 18-month high of 96.8 last month, according to the forecast of 58 economists surveyed by Bloomberg News. The survey will be released at 10 a.m. New York time.

The dollar has shed 14 percent versus the euro in the past six months as the Federal Reserve kept its target rate at a 45- year low of 1 percent, half that of the European Central Bank.

``Weak U.S. data will confirm that a rate increase is not coming around the corner,'' said Tsutomu Soma, a trader at Okasan Securities Co. in Tokyo. ``The dollar's decline is not over yet.'' It may drop to $1.2750 this week, he said.

`Buy on the Dips'

The U.S. currency's fall today accelerated after it reached $1.2585, triggering pre-set orders to sell the dollar and buy the euro at that level, said Kamal Sharma, a currency strategist at Dresdner Kleinwort Wasserstein in London.

``People are looking to buy on the dips because of the longer-term trend of dollar weakness,'' said Stannard at BNP.

Also bolstering the euro is a technical index measuring the momentum of the currency's movements. The euro's relative strength index against the dollar fell to 28 on Friday. A reading below 30 suggests the currency may be poised to rise.

Fed Chairman Alan Greenspan will testify to the Senate Banking Committee at 10 a.m. New York time. At the same time, Treasury Secretary John Snow will tour the J.P. Morgan Chase & Co. trading floor in New York.

The yen held most of its gains against the dollar from yesterday, when it strengthened 0.6 percent. Still, it may weaken on speculation Japan will sell the currency to protect exporters.

Manama MT 13:42 GMT February 24, 2004 Reply   
The news is real about Russia

warsaw mach 13:38 GMT February 24, 2004 Reply   
russion goverment is dismised by president

Bratislava MB 13:34 GMT February 24, 2004 Reply   
Putin sacked whole government (Bloomberg) no real data yet so maybe only a rumor

Chambery FR JFB 13:29 GMT February 24, 2004 Reply   
melbourne farmacia 13:25 GMT February 24, 2004
Thx :-)

Dublin Flip 13:29 GMT February 24, 2004 Reply   
Putin has reportdly sacked the PM Kasyanov

GENEVA FHR 13:27 GMT February 24, 2004 Reply   
No rumors Putin has dismissed government

Sydney gvm 13:27 GMT February 24, 2004 Reply   
what about putin?

warsaw mach 13:25 GMT February 24, 2004 Reply   
have you heared any rumor about Putin?

melbourne farmacia 13:25 GMT February 24, 2004 Reply   
Chambery FR JFB 11:35 GMT February 24, 2004
The directional tool i use indicates gbp/usd pulling towards the mid to high 1.8800's, that said , gbp under 1.8730 will negate top figure for now.

chicago cal 13:04 GMT February 24, 2004 Reply   
trading the usd/jpy is about as thrilling as watching paint dry; good thing i'm hedging it

phils vl 12:53 GMT February 24, 2004 Reply   
YEN

I think the contis v yen have had their run. If the dollar takes its turn to run, it will be all over for the eur/usd and the contis, bar the shouting.... lets see...

Indonesia solo Raden_masandi 12:51 GMT February 24, 2004 Reply   
usd/cad (when at 1.3348) maybe test low to 1.3214 (there is bottom there will be tested).

Stockholm za 12:49 GMT February 24, 2004 Reply   

Industrial new orders up by 5.7% in euro-zone


Dubai Sharaf 12:42 GMT February 24, 2004 Reply   
I am short on EUR/USD at 1.2588 will come down to 1.2560 range today when US market opens

beijing road 12:37 GMT February 24, 2004 Reply   
SA getFX : me also added eur long position at 1.2583, now locking in 1pip, lol

Jhburg 12:33 GMT February 24, 2004 Reply   
hi, whats Ozz up to,. im short @ 7743 and worried??? any suggest.

GVI john 12:31 GMT February 24, 2004 Reply   
For information on how you can access GVI, contact [email protected]
STRATEGY SESSION --New York Open
Opening Levels:
eur/$ 1.2610…$/yen 108.35
DJIA -18 pts… 10-yr 4.01%, -2 bp
PERSONAL OPINIONS:
For a broad range of opening levels click on GVI’s “Market Snapshot”:
CLICK HERE
See GVI...

beijing road 12:31 GMT February 24, 2004 Reply   
SA getFX : yes, but raise stop to 1.2540 with target open.

SA getFX 12:25 GMT February 24, 2004 Reply   
beijing road > hit R2 at 1.2620. Are you still long?

chicago cal 12:21 GMT February 24, 2004 Reply   
There are suspected BOJ bids in the 108.10/30 area, thus providing a base; this info is via my news service

gl,gt

Indonesia solo Raden_masandi 12:18 GMT February 24, 2004 Reply   
is ideal top for euro at arround 1.2636-49
I think to move below 1.280 is very difficult.
nice.!!

Barcelona JP 12:14 GMT February 24, 2004 Reply   
UBS look:

After trading flat around 1.2530 overnight, EUR/USD squeezed up to 1.2582 early Tuesday in London on the back of EUR/JPY buying from 136.00 up to 136.42. Japanese names were the prominent buyers of EUR/JPY.

EUR/USD then took a hit down to 1.2556 after the Ifo index of German business sentiment came out at 96.4 against 97.6 expected, but ran into very good bids around 1.2550, still helped by a bid EUR/JPY. The next leg of the rally was led by cable, which took out stops through 1.8720-30, triggering EUR/USD stops through 1.2600-10. The highs so far have been 1.8775 and 1.2622, respectively. The EUR/JPY high has been 136.76.

This morning's gains in EUR/USD, EUR/JPY and cable have been led by CTA and other short-term names, taken place in relatively illiquid trading, and left a trail of downside stops behind them. In other words, there doesn't seem to be a lot of conviction behind the move, and what has gone up could very quickly come back down again before the day is over. Our order book is light, but EUR/USD looks better offered above 1.2650.

We like EUR/USD higher over the medium-term, but don't trust this morning's rally and think that liquidation-led dollar strength is likely to continue a while longer

Ldn 12:11 GMT February 24, 2004 Reply   
Look for two USD positives versus JPY, says BoT-Mitsubishi. One, declining speculation over China revaluation, following latest comments from PBOC, will encourage unwinding of USD shorts. Two, falling US tech stocks knocking Nikkei, providing additional scope for USD to rally against JPY
reuters

melbourne 12:09 GMT February 24, 2004 Reply   
euro may have a nice for us up at 1.27

Indonesia solo Raden_masandi 12:08 GMT February 24, 2004 Reply   
gbp/usd have get ideal low at 1.8745 to move up again to finish at 1.8800-09.
it's time.

Stockholm za 12:02 GMT February 24, 2004 Reply   
CHF/JPY ...At the moment.......

8727-8707-8687-8667-( 8647 )-8627-8607-8587-8567

EUR/USD = ema ( 34 day ) + ema [ 377 (3 hour + 30 min )] play....

Happy trades.......

Indonesia solo Raden_masandi 11:59 GMT February 24, 2004 Reply   
hey friends !!!
who want buy aud/usd now to get 0.7790 ?
now is the time to move up.

ZP Nemo 11:58 GMT February 24, 2004 Reply   
Gold Coast
WIll EUR down today when NY started????

hong kong nt 11:58 GMT February 24, 2004 Reply   
ab -- why stay away from gbp? eg you may sell at 1.883, stop 1.889, aim 1.850...

Barcelona Tony 11:58 GMT February 24, 2004 Reply   
this wasn't the plan .... correction going higher than planned so .... be careful with $ long positions from now .... wow, if euro takes out 2640 .... we $ bulls are done again and a new rally could start ... frightening

LDN SAM 11:58 GMT February 24, 2004 Reply   
Al qaeda n.2 warns on more deadly attacks against US on tape (Al Jazeera)

Miami OMIL 11:56 GMT February 24, 2004 Reply   
Road I already have a mid term short order on eur/usd initiated not an intraday order. For intraday I have a buy order signal from 1.2575-80 (did not take it) looking for at least 1.2650-60 on my system but a very week signal again. I believe that the trend is correcting at this time and the 1.2350-30 area should be tested. In the way stands the 1.2450 support at this time. I could be wrong but my reason is in the daily charts you can still make pips on the intraday but I would not hold longs on the eur/usd at this time IMHO. (/;-> GL GT

hk ab 0.66 11:51 GMT February 24, 2004 Reply   
nt, I stay away from gbp.

beijing road 11:42 GMT February 24, 2004 Reply   
omil: if thats ture, whats the reason behind it?

beijing road 11:39 GMT February 24, 2004 Reply   
OMIL: you perfer to sell on any rally on EUR, is my understanding is correct? Thanks.

hong kong nt 11:38 GMT February 24, 2004 Reply   
ab -- GBP may dash to 1.884 before heading south...

Chambery FR JFB 11:35 GMT February 24, 2004 Reply   
melbourne farmacia 11:11 GMT February 24, 2004
Hi... Would you please be kind enough to explain what you mean? TIA :-)

Euro Boy 001 11:28 GMT February 24, 2004 Reply   
Euro/usd

will be on sell mode once and if E/J will be under 130

Till that time come Euro seems more Buy than Sell and USD/J more Sell than BUY


hk ab 0.66 11:22 GMT February 24, 2004 Reply   
I need 30 and 45.

Nottingham 11:18 GMT February 24, 2004 Reply   
sorry cal, means the figure ie. 12600 or 12610...just my shorthand which it seems only I understand :o)

Nottingham 11:17 GMT February 24, 2004 Reply   
usdcad...should 3350 break (by no means certain given cad getting it in neck on crosses) buy dip strategy favoured again today...3300/3286 decent support although longing at yest low will prob give a bounce too given weak state of cad today - this will probably be the norm going into March 2nd rates meeting where 1/4 pt cut expected...gl gt

Texas(Jksn.) PNB 11:14 GMT February 24, 2004 Reply   
ah,at last.
TIA:-)

beijing road 11:12 GMT February 24, 2004 Reply   
As long as 1.23 is held, i perfer to trade with eur/usd buy signal. GL all

chicago cal 11:12 GMT February 24, 2004 Reply   
Nottingham what does (fig 10) mean? Can you please clarify?

ty

melbourne farmacia 11:11 GMT February 24, 2004 Reply   
Gbp/usd shorters should be careful at this stage as 1.8885 could be seen. flat myself fwiw.

Nottingham 11:05 GMT February 24, 2004 Reply   
euro...res between 1.2630/50...should retracement some (fig/10) once seen...gl gt

chicago cal 11:02 GMT February 24, 2004 Reply   
eur/usd long just tripped; targeting 1.2650 and possibly 1.2700/50

gl,gt

Gen dk 11:01 GMT February 24, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Melbourne Qindex 10:58 GMT February 24, 2004 Reply   
Melbourne Qindex 10:58 GMT February 24, 2004
USD/CHF : Daily Cycle Quantised Levels

... 1.2417 ... 1.2492, 1.2528 // 1.2564 - 1.2601 - 1.2638 - 1.2675 - 1.2712 // 1.2749 ...


hk ab 0.66 10:57 GMT February 24, 2004 Reply   
maybe, I should buy another option on .6850 put.

Melbourne Qindex 10:56 GMT February 24, 2004 Reply   
Melbourne Qindex 10:56 GMT February 24, 2004
USD/CHF : the congested area of my daily cycle is projected at 1.2510 - 1.2727.

Euro Boy 001 10:56 GMT February 24, 2004 Reply   
USD/J

is sell for 105 and below this time..


Euroland 000 10:45 GMT February 24, 2004 Reply   
Ok thanx sam.

hk ab 0.66 10:43 GMT February 24, 2004 Reply   
will place an order at 1.2630, 1.2645 and then go for dinner.

slv sam 10:40 GMT February 24, 2004 Reply   
Euroland 000 10:33 /
UP to new high! i posted after i observed the pprice action after hitting 1.2449
i still believe we will not see in 1.23 handle before new high imho.GT

Miami OMIL 10:38 GMT February 24, 2004 Reply   
FWIW eur/usd has finally reached the 50% retracement with the next one at 1.2645-50 and resistance now at around 1.2670. This move made by eur/usd does not have much force behind it so the 1.2670 resistance is safe for now. With the indicators unwinding, finally we can see a better move to break the 1.2475-50 soon IMHO. (/;-> GL GT

london 10:35 GMT February 24, 2004 Reply   
hello all. that long spike on the 15 min euro and cable must be very disconcerting for the long traders. quick correction coming up. gts

hk ab 0.66 10:34 GMT February 24, 2004 Reply   
thanks iw.

Euroland 000 10:33 GMT February 24, 2004 Reply   
Sam, sorry to ask you that, but what do you mean by "back to biz", €/$ up or down? thank you.

Dallas GEP 10:33 GMT February 24, 2004 Reply   
STY, did you take that USD/CHF long from 1.2500????

Chambery FR JFB 10:32 GMT February 24, 2004 Reply   
Barcelona JP 10:27 GMT February 24, 2004
Thx... you're damm right, as I messed up with EMAs and it appears that one of my charts was frozen!! Anyhow, so far it stopped the move up spot on the hourly EMA144 (not frozen), guess we'll have another push up and it will die on the descending t/l @1.8800... This said, I only trade GBP, I love to ride :-) GT GL

hk ab 0.66 10:32 GMT February 24, 2004 Reply   
those auds and nzds sellers look very odd to me.

Helsinki iw 10:31 GMT February 24, 2004 Reply   
ab 10:26, know that a large European bank with a small name
advising clients this am to sell AUD/CHF. It did trade lower
first thing on that.

hk ab 0.66 10:29 GMT February 24, 2004 Reply   
jf, I think bc has kindly offered us some hints this morning and he said that eur probably seen 1.24 by NY.

Dallas GEP 10:28 GMT February 24, 2004 Reply   
Cable is causing some havoc obviously!!! The London boys driving the market.. Good profits made by the dollar shorters, CONGRATS. Dollar longers turn is coming IMO.

slv sam 10:27 GMT February 24, 2004 Reply   
slv sam 06:19 GMT February 23, 2004
good morning all. e/$ correction is over imho and it is back to biz.GT


Barcelona JP 10:27 GMT February 24, 2004 Reply   
Chambery FR JFB 10:22 GMT February 24, 2004

Take care with CABLE, it's a royal crazy horse

hk ab 0.66 10:26 GMT February 24, 2004 Reply   
jf, do you know who are the sellers earlier today? on aud and nzd?
There's one in the morning and another one an hr ago.

sarasota jf 10:24 GMT February 24, 2004 Reply   
ab . 7777 to go short aud later today ?

Chambery FR JFB 10:22 GMT February 24, 2004 Reply   
Chambery FR JFB 10:15 GMT February 24, 2004
Sorry... changed my mind, moved the s/l above 1.8800, will sell more there if seen...

hk ab 0.66 10:21 GMT February 24, 2004 Reply   
come on 1.2630, I am waiting for you to add

beijing road 10:18 GMT February 24, 2004 Reply   
great!

Barcelona JP 10:16 GMT February 24, 2004 Reply   
CABLE can not trade now over 1,8839.

61,8% fibo comes @ 1,8793

Ldn Hat 10:15 GMT February 24, 2004 Reply   
Removed Stop at 1.87 and will trail the position to see what comes of it, will short more at 1.8750 target 1.8650 stop 1.88 will remove stop if necessary IMHO. Thanks

Chambery FR JFB 10:15 GMT February 24, 2004 Reply   
Morning all :-) Gone short GBP @1.8729, tight s/l @1.8770 (above EMA55 hourly) tp : somewhere down :-) Happy trades

hk ab 0.66 10:06 GMT February 24, 2004 Reply   
keep an eye on eur/gbp .67.....


beijing road 10:06 GMT February 24, 2004 Reply   
1.26 seems to be gone soon?

Indonesia Solo raden_masandi 10:05 GMT February 24, 2004 Reply   
sorry.. I mean 1.2605 and 1.2635 (not 1.2705 or 1.2736).
wrong typo but the important. LOL

Texas(Jksn.) PNB 10:04 GMT February 24, 2004 Reply   
Ok,just logged in.saw the eur/usd i had yesterday went fine,though target of 1.2630 is till not touched.

TIA:-)

Indonesia Solo raden_masandi 10:04 GMT February 24, 2004 Reply   
seen eur/usd wil get first top minor (if posible) at 1.2705 , but objective at 1.2735 (maybe pullback).
be carefull !!

gbp/usd have given message to get 1.8806 - 1.88013

zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

hong kong nt 10:03 GMT February 24, 2004 Reply   
expect to see GBP/JPY 203.5 soon

Helsinki iw 10:00 GMT February 24, 2004 Reply   
Agree with you Nottingham

Nairobi Tn 09:59 GMT February 24, 2004 Reply   
Indonesia Solo raden_masandi 09:51
b4 u sleep. what will happen after 1.8724?

FWIW, UK business investment rose 1.3pct in Q4, 0.6pct higher than 1 yr ago. (Reuters)

Lagos Styrax 09:58 GMT February 24, 2004 Reply   
Dallas GEP
Eur/usd seems to be building support @ 1.2552 or do you think it will still push below 1.2550 soon.
Otherwise maybe one could long @ 1.2552 with a tight stop.
Thanx for the chf

Indonesia Solo raden_masandi 09:58 GMT February 24, 2004 Reply   
oyiiii
you get that ?
have a nice...

Nottingham 09:57 GMT February 24, 2004 Reply   
Helsinki iw 09:51 GMT

>>>Something that was doing the rounds re supposed huge stops above 12900/20...one take on why we didn't see massive stop related buying was that they had been matched by equally large sell orders from some pretty big funds, ensuring they could lighten up at essentially the best levels whilst hiding their game plan...if euro doesn't make any further downside progress by the end of next week then the above would start to look very feasible

sarasota jf 09:57 GMT February 24, 2004 Reply   
until we get a more bullish usd factor we are stuck with this higher range (1.25/1.2650) - usdyen is more than likely not going to rally till friday so we got to play a little smarter than the average traders - also be aware theres stops under 108 boj bids so allow for some overshoot prior to friday

Dallas GEP 09:57 GMT February 24, 2004 Reply   
See you later guys.

melbourne 09:56 GMT February 24, 2004 Reply   
a close below 1.24 today & usd/chf's 100% failure rate up at 1.26 for the past 2 months will most likely be intact.

Dallas GEP 09:55 GMT February 24, 2004 Reply   
Took USD/JPY long @ 108.35 traded, don't THINK it will get down to my 108.20 entry order.

Gen dk 09:52 GMT February 24, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Helsinki iw 09:51 GMT February 24, 2004 Reply   
Or do you think that the "sharks" were square at 1,2900 and
drove it down to 1,2500 just to get the retail investors?

Swakopmund Liz 09:51 GMT February 24, 2004 Reply   
DALLAS - thnks. I took 20 pips profit. Will see what happens next. Gl & GT

Indonesia Solo raden_masandi 09:51 GMT February 24, 2004 Reply   
only one message :
be carefull with gbp/usd, seen will get top at 1.8724.
be carefull when price touch that number.
zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

Bristol/UK Stag 09:49 GMT February 24, 2004 Reply   
USD/YEN - bought at 10833; target 10860. my EUR/USD short 12575 in play, target 12530

Ldn 09:48 GMT February 24, 2004 Reply   
RBoS says the high yielders (GBP, AUD and NZD) remain vulnerable as they unwind some of the huge gains made recently. For cable, the bank says likelihood is it now won't offer value until the 1.80-1.78 area. Short-term, selling 1.8750-70 is favored for a test of 1.8570 then 1.84-1.83. Now at 1.8670. reuters

Indonesia Solo raden_masandi 09:48 GMT February 24, 2004 Reply   
Hello !

Nottingham 09:47 GMT February 24, 2004 Reply   
Euro...failure to continue friday's move yest may be down to lack of conviction or due to fact that technicals wouldn't allow such a move...as yet unclear but today may provide some answers...as things stand, the longer 1.2490/12500 holds, the more confidence bulls will get in pushing pair to 12630/50...failure to hold support doesn't have to be catastrophic as far as today is concerned, as technicals are not yet ready for another surge lower, but there would be a high likelyhood of testing yesterday's low of 12448 in such a case...gl gt

beijing road 09:47 GMT February 24, 2004 Reply   
GEP: I see good r/r for either long or short Eur here. GL

phils VL 09:45 GMT February 24, 2004 Reply   
YEN

since start of Ldn session, its been a yen play. Both eur/usd and usd/chf moved by the effects of the yen crosses.
Usd/jpy has to bounce agressively to get euro well dwn... maybe soon...

Helsinki iw 09:45 GMT February 24, 2004 Reply   
Even "sharks" have stops, if by shark you mean an entity with
market muscle, i.e. large limits. Out of the two driving forces
in the market -fear and greed- it is fear that sparks the most
vicious moves. The question is not whether sharks are out to
get the small fish, but how the sharks are positioned.

Dallas GEP 09:43 GMT February 24, 2004 Reply   
Melbourne, I said IMO. I could be wrong, it happens all the time!!!!

hk ab 0.66 09:42 GMT February 24, 2004 Reply   
don't mind to short 1 eur here 1.2570

Dallas GEP 09:42 GMT February 24, 2004 Reply   
STY USD/CHF is starting to set up for a good long. I would try from 1.2520 area with stop @ around 1.2483 or you might wait for 1.2500 then long.

Watch for swinging gate move on cable, the shorting down COULD be viscious.

melbourne 09:41 GMT February 24, 2004 Reply   
dallas gep, good to see you know so much about fx

beijing road 09:40 GMT February 24, 2004 Reply   
Raised stop to1.2540 level.

Lagos Styrax 09:38 GMT February 24, 2004 Reply   
Good morning Dallas GEP thanx a lot for y'day
Wishing you all a great and pipful day.
GEP what is in this morning?
Im planning to stay off eur until its good to long on it.
Please is there any other safe haven where one could put stakes?

Dallas GEP 09:36 GMT February 24, 2004 Reply   
That would be SHORTS not LONGS!!!!

Dallas GEP 09:35 GMT February 24, 2004 Reply   
Liz, 1.2475, 1.2450 then 1.2400. There is a knockout at 1.2450 that will be heavily defended but will be broken. I have longs now with average of 1.2567 traded.

Dallas GEP 09:32 GMT February 24, 2004 Reply   
Melbourne, IMO there is very little that can be done even by the sharks to keep this Euro from shorting. The Sharks can have the effect of running stops but ultimately, Euro WILL short down to at least 1.2475.

Swakopmund Liz 09:31 GMT February 24, 2004 Reply   
DALLAS what is your target on EUR short pls?

Eilat Dolphin 09:31 GMT February 24, 2004 Reply   
Some ECB selling here ?...

hk ab 0.66 09:30 GMT February 24, 2004 Reply   
nt, the only easy one left is long dlr/jpy now, everyone knows where the line is.

Euroland 000 09:30 GMT February 24, 2004 Reply   
Very interesiting , thank you Melbourne.

hk ab 0.66 09:29 GMT February 24, 2004 Reply   
nt, if 1.34 surpassed, don't think it's easy to see 133

eur is a good one, buy the rumour sell the fact.
Like to long more chf
12530

phils VL 09:28 GMT February 24, 2004 Reply   
hongkng nt//cable

fwiw I will not long cable ... if I trade it will be a short from 1.8730 and again at 1.8755.. imo

good trades...

melbourne 09:27 GMT February 24, 2004 Reply   
Euroland, the majority always miss the 1st move & by the time they decided to go with the move they get squeezed in counter moves

Dallas GEP 09:26 GMT February 24, 2004 Reply   
Pippirate, this is far more profitable so computer company biz is inconsequential presently.

Rivonia PipPirate 09:23 GMT February 24, 2004 Reply   
Dallas GEP 09:14 G'day, just wondering if your Computer Co is still active and how you manage it & trade 25 hrs p/day? gl

Dallas GEP 09:21 GMT February 24, 2004 Reply   
Have entry buy on usd/jpy @ 108.20

Euroland 000 09:18 GMT February 24, 2004 Reply   
melbourne 09:13 GMT February 24, 2004

Could you please, explain me why you say that? which elements make you think the atmosphere is bearish? Thanx, it's for my education!

hong kong nt 09:15 GMT February 24, 2004 Reply   
ab -- you may buy your favorite goose at 1.3300 tonight...

Dallas GEP 09:14 GMT February 24, 2004 Reply   
Added more to Euro Shorts @ 1.2575

melbourne 09:13 GMT February 24, 2004 Reply   
it's obvious to the sharks that the majorityl of the fishes are positioned for euro 1.24 today

LAX-LGB SNP 09:10 GMT February 24, 2004 Reply   
conti-minors going red to supplement their elders moves while conti-yennies are showing similar signs as the conti-majors signal a move lower

stay out when in doubt - step aside else ! :-) TTYL TC :-) laterz

phils VL 09:04 GMT February 24, 2004 Reply   
correction

usd/jpy - pl ignore my second part post..

Khobar mohd. 09:01 GMT February 24, 2004 Reply   
Manama MT Thank you.

phils VL 09:01 GMT February 24, 2004 Reply   
hongkong nt

hi... hv not seriously watched cable... wl revert soon if I hv an opinion...


usd/jpy - if this strongly bounces up frm 35, cud give eur/usd some problem... unless eur/jpy outpaces it

nyc jk 09:01 GMT February 24, 2004 Reply   
thanks guys

GENEVA FHR 09:00 GMT February 24, 2004 Reply   
IFO 96.4

Manama MT 08:59 GMT February 24, 2004 Reply   
Yes Khobar ..send me email on [email protected]

london cam 08:59 GMT February 24, 2004 Reply   
phils - thanks. I've been nursing a similar position since yesterday am gmt. I'm patient!
GL GT

Chambery FR JFB 08:58 GMT February 24, 2004 Reply   
nyc jk 08:55 GMT February 24, 2004
Now :-) (9:00 gmt) GT

Euroland 000 08:57 GMT February 24, 2004 Reply   
Ok Thanx Martin.

Ldn pm 08:57 GMT February 24, 2004 Reply   
Rumour Ifo 96.4

Khobar mohd. 08:55 GMT February 24, 2004 Reply   
MANAMA
Hello ... I'm trying FOREX(demo);may I contact u?
Thank u

nyc jk 08:55 GMT February 24, 2004 Reply   
what time is IFO pls?

hong kong nt 08:54 GMT February 24, 2004 Reply   
PHILS VL --what do you think of the chance of seeing GBP 1.8790 today? good trades...

Gold Coast martin 08:53 GMT February 24, 2004 Reply   
Hi euroland
i still expect the euro to drop to 12420 and the aud down to 7580 1 hour into the ny session.....for the next 2 hours the euro to trade between 12530-12555...until 1 hour into the nyc session.....g/l g/l

phils VL 08:53 GMT February 24, 2004 Reply   
ldn cam// eur/usd

will trade as it comes and trading mainly the dwn bias .... but looking totest 1.2450 which if broken will see 1.2335/50 as there's no credible support in between..

Manama MT 08:48 GMT February 24, 2004 Reply   
Germany IFO is next...watch that. Good luck

Barcelona JP 08:47 GMT February 24, 2004 Reply   
go just for 10 pips and trail.

Barcelona JP 08:45 GMT February 24, 2004 Reply   
Like to say that if we want eur/usd @ 1,2350 at least, it can not trade over 1,2661.
If it does so, we'd go to 1,3000.
One of the best levels to enter a short is 1,2489.
For a long one: 1,2641.

Taiwan js 08:45 GMT February 24, 2004 Reply   
Rmr ifo 88 below 90

london cam 08:44 GMT February 24, 2004 Reply   
phils VL 08:41 GMT February 24, 2004
ur obviuosly expecting EURUSD to break the 1.2520 barrier so what target are you aiming for and when?
TIA

phils VL 08:41 GMT February 24, 2004 Reply   
EUR/US

limited sell entry at 1.2560 triggered, s/l well abv 1.2615

Euroland 000 08:39 GMT February 24, 2004 Reply   
Hi Martin, so, are you still obtimistic about what you said yesterday? where do you expect the eur/usd to be in next hours? Thx
GL/GT

Msc rocket 08:39 GMT February 24, 2004 Reply   
Current picture on dailies makes me think that instead any usd strength we could see 4-8 big figures in opp direction...

Barcelona JP 08:39 GMT February 24, 2004 Reply   
Good morning to all!!!!!

Gold Coast martin 08:35 GMT February 24, 2004 Reply   
Good evening and good morning people.....G/L G/T

hong kong nt 08:35 GMT February 24, 2004 Reply   
ab -- GBPJPY one more up to 205, GBP 1.88, JPY 109...

beijing road 08:33 GMT February 24, 2004 Reply   
SA getFX : Hope so. If it gets there, my stop will be adjusted to breakeven.

Saihat 08:28 GMT February 24, 2004 Reply   
demo

sell usdchf in up tick ....stop 1.2620

SA getFX 08:27 GMT February 24, 2004 Reply   
road > we're at R1 now, could go on - R2 at 1.2619 GL

beijing road 08:21 GMT February 24, 2004 Reply   
SA getFX : my lucky day,lol. Need to take out yesterday's high to confirm temp bottom formation at 1.25-1.2520.

Bristol/UK Stag 08:16 GMT February 24, 2004 Reply   
EUR/USD - my short triggrred at 12575.

HK [email protected] 08:06 GMT February 24, 2004 Reply   
1.2663 a reasonable target possibility if that gives way 1,2750

SA getFX 08:05 GMT February 24, 2004 Reply   
Well done, road!

Nairobi, Kenya Jk 08:04 GMT February 24, 2004 Reply   
Raden Mas
Are you around. I would appreciate your view on Eurusd and cable.

Bristol/UK Stag 07:58 GMT February 24, 2004 Reply   
EUR/USD - The 200 day EMA on the 30 min chart is at 12573 and this level has been shot at repeatedly over the past few days without tking a fatal hit. I have entered a short at this level to target 12453. GL GT

Atlanta 07:54 GMT February 24, 2004 Reply   
Gold Coast and Aud if thats the case ?

Gold Coast 07:49 GMT February 24, 2004 Reply   
martin predict euro to move up to 12650

MONACO OGA 07:37 GMT February 24, 2004 Reply   
FX UPDATE 24/02
Good morning,

***EUR***
EUR/USD (currently 1,2530), same level as yesterday's opening. The pair consolidated inside 1,2520-1,2590 all day long in a lacklustre market. For the time being, the USD sounds pretty strong and a retest of 1,2450-1,2500 seems to be in the cards for today. Closing in NY was around 1,2550. Overnight the pair drifted to the downsides. Technically, EUR has room to retrace down to 1,2350 without endangering the long term bullish scenario. The market might experience some consolidation inside 1,20-1,30 for some time. Today we will favour range trading with purchases around 1,2450 for a target of 1,2620-50.

Data out today:

EURO Z current account Dec expected 6Bio 09.00 GMT
GER IFO survey Feb expected 97.6 09.00 GMT
EURO Z industrial new orders Dec expected 0.7% 11.00 GMT
US consumer conf Feb expected 93.0 15.00 GMT

Gold around 401,00 , with WTI March at 34,42.

***JPY***
USD/JPY (currently 108,65) consolidating above 108 but finding some resistance above 109. the improving japanese trade balance adding some confidence and credibility in the MOF/BOJ policy. Supports for the day at 108 then 107, resistance at 109,30. We are still 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 136,10) heading towards 137,50.

***GBP***
Cable (currently 1,8640) regained some strengh since yesterday and appears to be building a support zone around 1,8600, while resistance lies above 1,87.
EURGBP (0,6725) was rejected at 0,6760. Our medium term target is 0,6860, with a 0,6700 supportive zone ahead of where we will try some longs.
Have a nice day,

Olivier

Swiss DG 07:35 GMT February 24, 2004 Reply   
It looks like 1.2522/25 has a strong resistance level. Now, I think that we might see a fibo retracement to 1.2620 and then maybe back down to 1.2450 or lower as 1.2350 ???
Any comments on this?

Atlanta MM 07:21 GMT February 24, 2004 Reply   
london your saying stronge dollar against all the pairs ??mentioned , any reason why you see this cheers

Melbourne Qindex 06:58 GMT February 24, 2004 Reply   
Spot Gold : It has a good chance to hit 393.2 in New York session.

Ldn Hat 06:41 GMT February 24, 2004 Reply   
Shorting GBP/USD at 1.8652 target 1.8580 stop 1.8700 IMHO

melbourne 06:34 GMT February 24, 2004 Reply   
usd/chf 1.26 had been a wall in 2004, it had retreated 300 to 500 pips everytime after a run up to 1.26

london 06:26 GMT February 24, 2004 Reply   
hello all. i beleive we have reached an important time threshold with regards to the majors. the euro, cable, aus, chf, cad, nzd, yen. this i believe is an important day for the us$. i strongly believe that we'll see some major movements in all the pairs listed above in favour of the us$. a move of 1% minimum is my view of the current situation. whatever you do, don;t try any contra trades when the move begins. gts

Ldn 05:57 GMT February 24, 2004 Reply   
Shanghai BC if your around do you see the Aud trying lower today ? seems to be stuck tight.

beijing road 05:36 GMT February 24, 2004 Reply   
Longed eur at 1.2535 with stop at 1.2505.

Sydney2 05:30 GMT February 24, 2004 Reply   
looks like 1.2525 is a big support for euro.

SA getFX 05:30 GMT February 24, 2004 Reply   
Euro > If Europeans resolve Pivot action to upside, we may have channel breakout at ~ 1.2560. At the moment, I'm still short...

hk ab 0.66 05:16 GMT February 24, 2004 Reply   
BOJ work harder!!

SA getFX 05:10 GMT February 24, 2004 Reply   
Euro > Two cents:
Long term (Sep 03) T/L being approached again ~ 1.2420, I guess.
Channel from Feb 18 high also still intact.
If I believed Elliot, I'd probably say Wave 5 on its way - to T/L or channel lower - 1.23 ???
Some pivots:
eur/usd gbp/usd
1.2769 1.9024 R5
1.2683 1.8866 R4
1.2651 1.8819 R3
1.2619 1.8772 R2
1.2576 1.8693 R1
1.2533 1.8614 P
1.2501 1.8567 S1
1.2469 1.8520 S2
1.2426 1.8441 S3
1.2383 1.8362 S4
1.2319 1.8268 S5
Eh? GT!

phils VL 05:08 GMT February 24, 2004 Reply   
GEP

darn right - eur/usd 's bidding time before continuing the slide.. asian session operators having aball of a time with the 30pip joy stick

waited in vain whole y/day missed limit short by 1 pip...
limit sell now lowered to 60, s/l abv 1.2605 (ask)

Colo Chief1Oar 04:59 GMT February 24, 2004 Reply   
Dallas GEP 04:30 GMT February 24, 2004
RE: $5.00 Bet...

Don't really know why the betting rule. Sometimes this state is really messed up in the way they view things... especially the gambling issue. Some leftover's from the Old Days I guess..;)

Chief

Dallas GEP 04:41 GMT February 24, 2004 Reply   
OMIL, can you go to the HELP forum and explain to me HTF I am suppose to grease this penguin up????

On a currency note: Looks like USD/CAD is taking a pause here.

Melbourne Qindex 04:41 GMT February 24, 2004 Reply   
Melbourne Qindex 23:17 GMT February 23, 2004
EUR/USD : The critical point of my daily cycle is located at 1.2574. The lower barrier is expected at 1.2331 // 1.2361 and the upper barrier is positioning at 1.2605 // 1.2635. Initially the market is going to trade between 1.2513 - 1.2544 - 1.2574 in Asia session.


... 1.2240 ... 1.2301 - 1.2331 // 1.2361 - 1.2392 - (1.2422) - 1.2453 - 1.2483 - 1.2513 - (1.2544) - 1.2574 - 1.2605 // 1.2635 ... 1.2696 ... 1.2757 ...

Miami OMIL 04:34 GMT February 24, 2004 Reply   
I guess you are not paying attention GEP, grease the little fellow up a bit LOL. BTW you are right patience is what it is all about. I am holding on to this short with nothing to do but pray that my plan works out. This is what I call the incubation period where you wait and wait and wait lol. Seriously this is where you earn your money as you have planned your work and now you need to have faith in it and have plan b waiting just in case. (/;->

Dallas GEP 04:30 GMT February 24, 2004 Reply   
Thnaks Chief1OAR. BTW when I was in CO> at the casinos, they have a MAX. bet of $5.00, What is the deal with that. I had to play the wholeblackjack table by muself. LOL

Dallas GEP 04:27 GMT February 24, 2004 Reply   
Tell you what i will be putting my BIG Foot on Human Growth Hormone to get his bat speed up. Either that or I need to get a juiced Penguin so he will carry farther!!!

BTW. Patience, patience Euro will fall tonight.

Colo Chief1Oar 04:24 GMT February 24, 2004 Reply   
RE: Mfld JM 04:11 GMT February 24, 2004

I would like to say that my feelings are the same as Mfld JM's. I watch the posts everyday... and I continuously learn from everyone here.. My Thanx and appreciation for your willingness to share and contribute also.

Chief

GT...

Mfld JM 04:22 GMT February 24, 2004 Reply   
Every time the EUR ticks, my batting speed slows - LOL

Miami OMIL 04:22 GMT February 24, 2004 Reply   
Farmacia did you get sucked up in all this penguin hoopla too? You need a faster computer, quicker reflexes or just a bigger bat IMHO. (/;->

Miami OMIL 04:19 GMT February 24, 2004 Reply   
SNP, wireless might be convenient but I rather have the good old fashioned wired routers. (/;->

Mfld JM 04:11 GMT February 24, 2004
I appreciate the acknowledgement and hope it does help some one to learn just as we are learning constantly too. As you say there are many here that contribute and I know where you are coming from because I was there too. (/;->

Dallas GEP 04:17 GMT February 24, 2004 Reply   
Appreciate the post John. Yeah I am sure for every one that posts there are probably 10 that don't. Evryone here tries their hardest to be helpful IMO. It makes it VERY worthwhile to all of us if this forum helps in anyway and your post confirms that. Thnaks again.

Stockholm za 04:15 GMT February 24, 2004 Reply   
Just some Things for you guys to read, insted of try_ing to kill that poor little Penguin......

BOJ Watch: Policy Shift Unlikely But Yen, Stocks Key

TOKYO -The Bank of Japan's nine board members will likely vote to
leave monetary policy settings steady when they meet Thursday as the yen's
recent fall against the dollar reduces the need for looser policy.

But a resumption of the Japanese currency's appreciation or a sharp fall in
stock prices could spur the central bank to ease policy at future meetings, say
economists and those close to the central bank.

The dollar jumped about Y2 in New York trading Friday, after Japan announced
it had raised its terror alert warning to its highest level, and peaked in
Asian trading Monday at a near three-month high of 109.37.

At 0137 GMT Tuesday, it was quoted at Y108.57.

While the central bank doesn't officially target a level for the currency in
setting policy - it leaves foreign exchange policy to the Ministry of Finance -
the yen's appreciation has played a greater role in BOJ policy in recent
months.

The central bank didn't say so at the time but officials later admitted that
the local currency's strengthening against the dollar was a factor in its most
recent easing on Jan. 20, when it raised its liquidity target by Y3 trillion to
a range of Y30 trillion to Y35 trillion.

A yen appreciation threatens to harm exports, which have played a pivotal
role in Japan's economic recovery.

"Monetary action may not be necessary, given the yen's recent falls and
steady stock prices," said a person close to the BOJ.

"But the board members maintain the view that (the BOJ) needs to consider
possible monetary steps until Japan overcomes deflation, although increasing
the account balance target doesn't have fresh economic stimulus effects," he
added.


Fukui Keen To Quickly React To Mkt Shocks


Given the BOJ has for some time forecast continued deflation, an easing now
would be difficult to justify considering recent strong economic data.

Japan's gross domestic product grew at its fastest pace in 13 years last
quarter, growing an annualized 7.0% in real terms in the October-December
period - one in a string of bullish indicators out of Japan recently.

Still, the BOJ is on watch for any financial market instability ahead of
Japan's fiscal year-end on March 31.

Governor Toshihiko "Fukui has strong willingness to quickly absorb shocks in
financial markets, if they occur, before the March fiscal year-end," said
another person close to the central bank.

Volatility in financial markets before the end of March, especially foreign
exchange and stock markets, remains a big concern for board members, the person
added.

But markets are so far showing no signs of instability, unlike previous
years, and market participants expect steady policy in the near term.

"Judging from the yen's recent falls and stable short- and long-term interest
rates at low levels, increasing the account balance target isn't necessary,"
said Susumu Kato, chief fixed income strategist at Lehman Brothers Japan Inc.

A senior money trader at a major brokerage firm said despite the approach of
the fiscal year-end, "there is no concern over liquidity among banks and cash
money market rates are stable."


March And April Meetings May Be More Vital


Looking further ahead, analysts and those close to the BOJ say meetings set
for March 15-16, April 8-9 and April 28, could lead to more policy action.

The BOJ could ease at the March meeting if markets suddenly become unstable
in the final weeks of the fiscal year.

Or the central bank might loosen policy by increasing the account balance
target on April 28, when it releases a semiannual risk assessment report that
will likely renew forecasts for continued deflation.

Such policy action would be in keeping with the Jan. 20 easing, which
accompanied a reaffirmation of deflation forecasts set last October, said
another person close to the BOJ.

The central bank can decide to ease policy at any time given that Japan's
economic recovery so far shows no sign of wiping away deflation, he added.

History suggests, however, that policy action is unlikely at this week's
one-day meeting - the second for the month. The BOJ hasn't altered policy at a
one-day meeting since April last year.

-By Hiroshi Inoue

melbourne farmacia 04:15 GMT February 24, 2004 Reply   
The best i can do is 315.2 !!

SNP 04:11 GMT February 24, 2004 Reply   
b4 i leave, i would suggest all wireless network'erz (like me) to look up 'war-driving' - apparently most routers r this close 2being 'routed'

Mfld JM 04:11 GMT February 24, 2004 Reply   
Dallas GEP 04:01 GMT February 24, 2004
Thanks GEP - After reading your post, I had the best censored laugh all dAY!
ps - I really appreciate to work that you and OMIL and all the others do here. I'm sure there are MANY people out there who read this forum and are greatly helped by the posts made by the experienced traders here, but you don't know about them because they are just reading - not participating. So on behalf of all us "quiet" traders - THANKS!!!
John

Sydney2 04:08 GMT February 24, 2004 Reply   
Short HSI at 13900????

SNP 04:07 GMT February 24, 2004 Reply   
GEPster why just stop @ 2nite ? i've got gr8 USD expectations till da w/e !

TTYL everyone ;-) have fun

Sydney2 04:07 GMT February 24, 2004 Reply   
Does any friend from HK know why HSI jumps a lot today while US market looks bearish? Short SHI at 13900? tia

Miami OMIL 04:06 GMT February 24, 2004 Reply   
GEP I switched to my fastest computer in the house I have 323.5 now but the elusive 325 even with grease on his belly is hard to get. Like you say tonight might be a good night, in fact the week might be very good for those holding dollar longs IMHO. (/;->

SNP 04:04 GMT February 24, 2004 Reply   
ya '320-325' penguin-swatterz Jedi dudez are lucky that Yoda is away frm da desk rite now

Dallas GEP 04:01 GMT February 24, 2004 Reply   
Tell you how sick I am. I closed down charts to see if I could get bat speed up!!! LOL

This my friends should be a GREAT night!!!

Dallas GEP 04:00 GMT February 24, 2004 Reply   
Wait for 2 months!!! How about making some money in next 10 hours???? LOL

hk ab 0.66 03:46 GMT February 24, 2004 Reply   
now holding, short aud .7751,
nzd put options from .7050, .7000.
long dlr/jpy 107.05
long dlr/chf 1.2205, 1.2268, 1.2550
long dlr/cad 1.3400.
short eur 1.28.

Let's wait for 2 months.

Miami OMIL 03:30 GMT February 24, 2004 Reply   
This game is breaking me ab lol. Who ever hits 325 take a picture and you win a penguin (stuffed doll). (/;->

hk ab 0.66 03:24 GMT February 24, 2004 Reply   
OMIL, my weakness is I like to spend the shortest time to break all the games once I choose them.

Miami OMIL 03:20 GMT February 24, 2004 Reply   
We are going to have to get an online penguin contest to see who bats the little fellow furthest. AB somebody mentioned 325 anything below that is second lol. I am so fund of the little fellow I can’t get him out of my screen haaaaa!!!! Addictive it is. (/;->

hk ab 0.66 03:15 GMT February 24, 2004 Reply   
the furthest I got 324.

Cairns OS 03:11 GMT February 24, 2004 Reply   
Feb 24 forecasts/10 pairs posted at http://www.fxguide.net/
Signals, pivots, R & S etc.

shanghai bc 03:07 GMT February 24, 2004 Reply   

Market is having another go at eur/usd 1.24 and below today..Possibly when London opens..Fwiw..

Sydney Ge11Ja 03:02 GMT February 24, 2004 Reply   
312 followed straight away by a big fat 0, why did I ever start this game
EUR and AUD look like they are going to strugge topside for rest of day.. maybe sell some 0.7745 and 1.2550 now?

Spotforex NY 03:01 GMT February 24, 2004 Reply   
I'm hearing that the Artic Central Bank is above 350.00...rock (Ice) solid resistance.....

hk ab 0.66 03:00 GMT February 24, 2004 Reply   
noody, are you also gunning the eur hard now?:)

Miami OMIL 02:51 GMT February 24, 2004 Reply   
ML just hit 323.4 too. Now I am looking for that 325 like I am looking for that 1.2350 on eur/usd lol. (/;->

Miami OMIL 02:49 GMT February 24, 2004 Reply   
ML it is all about timing just like the market lol. (/;->

ICT ML 02:46 GMT February 24, 2004 Reply   
323.4 OMIL......gunning for 325...LOL

Miami OMIL 02:40 GMT February 24, 2004 Reply   
GEP for real I put grease on his belly lol. (/;->

Minneapolis DRS2 02:36 GMT February 24, 2004 Reply   
Will AUD/USD reach .7750? I'm tempted to put an entry sell order there...

Dallas GEP 02:35 GMT February 24, 2004 Reply   
BS!!!! OMIL!!!

Miami OMIL 02:32 GMT February 24, 2004 Reply   
Dublin CK 02:04 GMT February 24, 2004
I beat that score easy with my first swing (0) and how many times in a row can you miss the poor penguin I must have the record on that too. (/;->

Miami OMIL 02:28 GMT February 24, 2004 Reply   
I would be happy if we get 1.2350 on eur/usd and for get my sorry score of 323 lol. (/;->

Stockholm za 02:05 GMT February 24, 2004 Reply   
Advertisers are paying ABC a record $1.5 million on average for a 30-second
commercial slot during the Oscar telecast. The price tag surpasses the previous record, set last year, of $1.4 million. ABC has broadcast the Oscars annually since 1976.

Food.......??

Dublin CK 02:04 GMT February 24, 2004 Reply   
If u thought getting over 325 is hard.

Try the reverse of the game, its even harder.

See what the lowest distance you can get. Apart from zero, swinging fresh air obviously.

I've managed 49, but it tricker than u think trying to drive the yound man into the ground.

GL/GT

Saihat 01:55 GMT February 24, 2004 Reply   
135.50...136.50

closed 136.13 as 00.00 GMT

Dublin CK 01:54 GMT February 24, 2004 Reply   
Mickey Mantle,
The Alaskan Yankee's should sign you up, if your FX career ever falls through. LOL

Its a funny looking Yetti. It reminds me of the ghost from Casper or slimmer version of the Michelin Man.

Dallas GEP 01:53 GMT February 24, 2004 Reply   
322.9 This is SICK!!!

ICT ML 01:53 GMT February 24, 2004 Reply   
322.9...getting there.....on the fast PC

Saihat 01:52 GMT February 24, 2004 Reply   
nyc sa 01:35

136.27/136.00

Dallas GEP 01:50 GMT February 24, 2004 Reply   
Four Bouncer 319.3. You hit just the head and he nose dives, no bounces.

BTW SOR on euro for now

Ga Lee 01:49 GMT February 24, 2004 Reply   
nyc sa 01:35 GMT February 24, 2004
136.64/135.49/136.17 as of 3pm N.Y.
Non-EBS fwiw...

Mickey Mantle 01:47 GMT February 24, 2004 Reply   
508 - just the head part......

Ldn 01:45 GMT February 24, 2004 Reply   
Later today we get a look at Germany's February Ifo business confidence survey, while U.S. consumer confidence figures also due. RBOS notes, while releases may generate short-term volatility for EUR/USD, underlying picture isn't going to change; "the U.S. is recovering strongly while the Euroland economic rebound is lackluster." Says arguments for weaker EUR likely to persist, especially as no real chance of higher Eurozone rates for now; targets EUR/USD at 1.24 in coming sessions
reuters.

Dallas GEP 01:37 GMT February 24, 2004 Reply   
Dallas men are but mere slaves to the whims of the NoodyG's LOL

nyc sa 01:35 GMT February 24, 2004 Reply   
could someone plz tell me what was the high ,low and close on euro /yen as GV system has not updated yet . thnx .

Caribbean! Rafe... 01:34 GMT February 24, 2004 Reply   
noodyg you gave me 50 50 chance confirmation of seeing 1.2172 this week friday with 1.2393 being target for now..

thanks a lot.

Spr NoodyG 01:31 GMT February 24, 2004 Reply   
Men from Dallas are good!..perfect on the nose but dives all the way to 1.2400 that 50 is the first icing on the cake

Melbourne Qindex 01:30 GMT February 24, 2004 Reply   
Melbourne Qindex 01:28 GMT February 24, 2004
USD/CHF : ................................ The odds are good that the market will challenge the projected resistance of the upper barrier ........... later today.

Melbourne Qindex 01:29 GMT February 24, 2004 Reply   
USD/CHF : Current Comment.  Register with [email protected] if you have no access to my page.

Gen dk 01:27 GMT February 24, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

ICT ML 01:25 GMT February 24, 2004 Reply   
okay, eur/usd confirmed short term sell sig at 19:30 EST, cable working on it.....

LAX-LGB SNP 01:18 GMT February 24, 2004 Reply   
with reference to 22:06 GMT February 23, 2004
despite one mis-timer, my U$D pack o'trades is home safe ;-)

Dallas GEP 01:17 GMT February 24, 2004 Reply   
I know you can't say NoodyG, but my guess is Eur/USD knockout is around 1.2450

Dallas GEP 01:15 GMT February 24, 2004 Reply   
No Irish, I was kidding. Best so far is 315.8, You have to get him to bounce a couple of times.

Caribbean! Rafe... 01:14 GMT February 24, 2004 Reply   
where are the euro KO's located?

Dublin CK 01:03 GMT February 24, 2004 Reply   
The poor penguin is getting such a whipping on screens across the globe.

This game is nearly as bad (good) as elf bowl couple years ago.

GEP 343 you must swing like Babe Ruth.

Hialeah Fxdomi 01:03 GMT February 24, 2004 Reply   
just checking the time

Chicago Irish 01:01 GMT February 24, 2004 Reply   
I'm serious....GEP 343??? really?

Melbourne Qindex 01:01 GMT February 24, 2004 Reply   
USD/JPY : Current Comment.  Register with [email protected] if you have no access to my page.

Ga Lee 01:00 GMT February 24, 2004 Reply   
I think that's Bill Gates swinging that bat..

Chicago Irish 00:59 GMT February 24, 2004 Reply   
GEP 343?

Spr NoodyG 00:51 GMT February 24, 2004 Reply   
there are KOs both protected on top of Dlryen and bottom of Euros if that answers u Gep San
plus Asian sovereigns that sold the Euros down are buying back staggered basis
BOJ has been supporting DlrYen's bottom end last night

Dallas GEP 00:49 GMT February 24, 2004 Reply   
343

Melbourne Qindex 00:48 GMT February 24, 2004 Reply   
EUR/USD : 1.2493* - 1.2519 - 1.2545 - 1.2571 - 1.2596*

Melbourne Qindex 00:46 GMT February 24, 2004 Reply   
EUR/USD : 1.2493 - 1.2545 - 1.2596

ICT ML 00:43 GMT February 24, 2004 Reply   
315.8 on 8th try...cool

Dublin CK 00:43 GMT February 24, 2004 Reply   
Gep,

Go to this link and play this game, its for stress relief.

Click on the mouse once to make the penguin drop, click on it again when he is past ur bat to launch him fwd.

It helps kill the time as well when things are slow.

Current record set around 325.

http://n.ethz.ch/student/mkos/pinguin.swf

Dallas GEP 00:42 GMT February 24, 2004 Reply   
You Austrailian BOYS need to get this Kangaroo moving!!!!

Chicago Irish 00:41 GMT February 24, 2004 Reply   
GVM have a 323.7 myself

Dallas GEP 00:39 GMT February 24, 2004 Reply   
GVM, WTH you guys talking about??? LOL

Swami 00:39 GMT February 24, 2004 Reply   
320.5 ???

Dallas GEP 00:38 GMT February 24, 2004 Reply   
Euro seems a little heavy here BUT we aren't picking up any new sellers YET.

Sydney gvm 00:36 GMT February 24, 2004 Reply   
dublin - I have seen 324 printed but I have only managed 320 GL

Dallas GEP 00:36 GMT February 24, 2004 Reply   
.7740!!!! I mean

Dallas GEP 00:35 GMT February 24, 2004 Reply   
Dammmm it, I knew that Aussie would short w/o me!!! I will adjust my sell entry to .7640

Melbourne Qindex 00:34 GMT February 24, 2004 Reply   
AUD/USD : Current Comment.  Register with [email protected] if you have no access to my page.

Dallas GEP 00:24 GMT February 24, 2004 Reply   
OK ML. I have a LARGE sell order (for me anyway LOL) on Aussie @ .7750 SHORT. My fear howver is that it won't reach but I will re-eval in a couple of hours.

Dublin CK 00:23 GMT February 24, 2004 Reply   
Sydney gvm,

No way, ive been playing for hours and i can only get 322.9

Im convincing myself that is the limit.

They must of had a version with a tail wind.

Dallas GEP 00:21 GMT February 24, 2004 Reply   
ML, tell them NO PAIN, NO GAIN!!!!!

Gen dk 00:21 GMT February 24, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Sydney Ge11Ja 00:21 GMT February 24, 2004 Reply   
dublin ck

320.7

you are right addictive!

Caribbean! Rafe... 00:21 GMT February 24, 2004 Reply   
ND Swami 00:05 GMT February 24, 2004

LOL good one. =)

cheers.

Dallas GEP 00:19 GMT February 24, 2004 Reply   
Might seem some early movement in Asia in next couple of hours then the typical LAG until an hour or so before the London boys and girls come in.

Caribbean! Rafe... 00:19 GMT February 24, 2004 Reply   
mtl gg 23:57 GMT February 23, 2004


i am more bias to the downside with 1.2653 being the possible weekly top.

Sydney gvm 00:19 GMT February 24, 2004 Reply   
Dublin that penguin slowed trading ina number on a number of bank fx desks globally a few weeks back - apparently someone from JPM played it on a really grunty fast computer and beat 325

ICT ML 00:17 GMT February 24, 2004 Reply   
Thnks Noody...that is my general view as well....just timed a trade poorly and tired of clients asking "WTF is this Aussie trade/thing all about!?"....LOL

Dublin CK 00:16 GMT February 24, 2004 Reply   
http://n.ethz.ch/student/mkos/pinguin.swf

Ill buy the crystal ball for any price, if u can get over 325 distance in the penguin game.

Wait till he drops and then click on the mouse. Very addictive.

Dallas GEP 00:16 GMT February 24, 2004 Reply   
Noody, Me thinks usd/jpy also sees 110.00 this week. Seem reasonable to you???

Dallas GEP 00:15 GMT February 24, 2004 Reply   
That's my NOODY GIRL!!!!

Spr NoodyG 00:11 GMT February 24, 2004 Reply   
Most funds are said lookin at low ends of 75 cts Oz for a multi-week view

Dallas GEP 00:11 GMT February 24, 2004 Reply   
It's been there once already ML, it's like an Arnold Schwartznagger movie "It will be back"

ICT ML 00:08 GMT February 24, 2004 Reply   
GEP...please do, drive that darn thing back to .7650 for me...getting on my nerves now....

Dallas GEP 00:08 GMT February 24, 2004 Reply   
For sale: French Revolutionary War Rifle" "Never fired, dropped twice!!!"

ND Swami 00:05 GMT February 24, 2004 Reply   
FOR SALE;
Crystal Ball, one owner, cheap, low mileage, very cloudy..
Make Offer

Dallas GEP 00:04 GMT February 24, 2004 Reply   
.7750 seems to me to be a good place to short AUSSIE

Dallas GEP 00:01 GMT February 24, 2004 Reply   
J, Aussie LOW the LAST 4 hour candle was .7699, Candle prior had a .7687 low

 




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