User Name: Password:      Register - Lost password?

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

Forex Forum Archive for 03/09/2004

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


Ldn 23:38 GMT March 9, 2004 Reply   
Australian Consumer Sentiment Index -3.8% In Mar Vs Feb

Melbourne Qindex 23:34 GMT March 9, 2004 Reply   
Gold Coast martin 21:45 GMT - Thank you for your compliment.

GVI john 23:17 GMT March 9, 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/$ 1.2310…. $/yen 111.30
DJIA 10,457, -73 pts…NASDAQ 1,995 -14 pts
10-yr 3.72%, -6 bp’s
MARKET OPINIONS:
For a broad range of opening levels click on GVI’s “Market Snapshot”:
CLICK HERE
I have to wonder if traders are starting to step back a little as the dollar continues to trade volatile ranges as the markets continue to probe for support, resistance and an underlying trend. The dollar appeared headed lower early on, but was given a boost by an unexpectedly weak U.K. trade report. That dollar boost gradually lost its punch as the day wore on. There were also reports that the Bank of Japan was back in supporting the dollar Tuesday, after pulling out of the markets suddenly on Monday. Tuesday saw another round of nasty whipsaw price action in the $/yen.

I can only guess that the Japanese central bank has been working at being less predictable to the markets to keep speculators off-balance. The BOJ might also be out trying to punish the market. Of course traders will quickly start to adjust. They will either pull out of $/yen positions or start to trade with wider stops. If I were looking to buy $/yen I would step back and let this little episode play itself out. It won’t last forever and there I no point in being reckless.

I mentioned my concerns about the U.S. equity indices earlier on Tuesday. The 50-day moving average in the S&P is 1137. 1137 was the low on Tuesday. These markets have not been able to respond positively to a major break in long-term rates. They are headed lower and that is bad news for the dollar.

Wednesday sees the release of the January trade report. I hear a lot of nonsense that the deficit is narrowing and that such is good news for the dollar. This is mainly from the happy talk people on “Stocks TV”. Street forecasts are for a trade gap of $42.0 bln, vs. $42.5 bln. The first time I get excited about a monthly trade GAP of $42.0bln, be sure to get my head examined.

CALENDAR
WEDNESDAY, MARCH 10, 2004
23:30 GMT- AUS- March Westpac Consumer Sentiment Index
23:50 GMT- JPN- January Current Account, vs. +Y1.195tln
23:50 GMT- JPN- February Corporate Goods Service Prices, vs. 0.0% yr/yr
23:50 GMT- JPN- 4Q03 GDP Revision, vs. +1.7% Q/Q
03:00 GMT- AUS- Leading Employment Indicator
07:00 GMT- GER- Jan Trade surplus: vs. EUR10.4 bln in Dec
07:00 GMT- GER- Jan Current Account surplus: vs. +EUR5.7 bln in Dec
12:00 GMT- US- MBA Mortgage Finance Index
13:30 GMT- US- January Trade: vs. -$42.5 bln in Dec, see -$42.0 bln
13:30 GMT- CDA- July Trade, vs. C$8.4 bln
13:30 GMT- CDA- New House Prices Index
14:30 GMT- US- API/DOE Weekly Energy Inventories

THURSDAY MARCH 11, 2004
23:30 GMT- AUS- February Employment:
Jobs: vs. +13,900 in January
Rate: vs. 5.7%
23:50 GMT- JPN- Weekly Portfolio Flows
13:30 GMT- US- Weekly Jobless Claims
13:30 GMT- US- Feb Retail Sales: vs. -0.3%, +0.9% ex-autos, see +0.6%, +0.4%
13:30 GMT- US- Feb Import and Export prices
13:30 GMT- CDA- 4Q03 Capacity Utilization

FRIDAY, MARCH 12, 2004
04:30 GMT- JPN- January Industrial Output, vs.-0.8%
23:30 GMT- AUS- January Housing Finance
07:45 GMT- FRA- Feb preliminary CPI: vs. +0.1%, +2.2% y/y in Jan
12:00 GMT- CDA- February Employment:
Jobs- vs. +15,100
Rate- vs. 7.4%
13:30 GMT- US- 4Q03 Current Account deficit: vs. $135.0 bln in 3Q03, see 4136.0 bln
13:30 GMT- US- Feb PPI
13:30 GMT- US- Jan Business Inventories and Sales
14:45 GMT- US- Mid-March University of Michigan Consumer Sentiment: vs. 94.4 Feb

Ldn 23:16 GMT March 9, 2004 Reply   
White House Econ Advisor: US Economy Has Turned Corner

Despite the lack of job creation, economic indicators are looking up, said Greg Mankiw, economic advisor to President Bush. "The economy has turned the corner," Mankiw said in a CNBC interview Tuesday. Although outsourcing hurts U.S. workers who loose their jobs, in the long run it's best for the economy, he said.
Lower taxes and free trade will also help the economy, he added

Sounds like they are talking up the dollar in another form

Ldn 23:05 GMT March 9, 2004 Reply   
EUR/USD drop should extend to 1.2260 today, says Commonwealth Bank technical analyst John Gajewski. Yesterday's price action suggests next leg of corrective decline from 1.2940 has started; rise off 1.2260 should be contained to 1.2350, pair should then extend decline to 1.2170, then through 1.2050 to complete corrective sequence. Retest of 1.1935 May peak possible
rts

Melbourne Qindex 22:49 GMT March 9, 2004 Reply   
Melbourne Qindex 08:30 GMT March 9, 2004
EUR/USD : Daily Cycle Quantised Levels

... 1.2151 ... 1.2225 // 1.2250 ... 1.2299 ... 1.2348 - (1.2373) - 1.2398 - 1.2423 - 1.2448 // 1.2472 ...

Melbourne Qindex 22:48 GMT March 9, 2004 Reply   
Nottingham Daniel 20:09 GMT - Thank you for your kind words.

Melbourne Qindex 22:48 GMT March 9, 2004 Reply   
RTM RB 10:29 GMT March 9, 2004
Melbourne Qindex 10:24 GMT // no chance from the models I got/use, the chain shows me the followiong 1.2445 -> 1.2420 -> 1.2490 -> 1.2470 -> 1.2510 +++

It is the ninth, check the monthly charts

Good luck and good trading


EUR/USD : The chance is still good that we can see 1.2255 in Asian session which represents an over lapping period in my system.

hk ab 22:45 GMT March 9, 2004 Reply   
anyone got RBNZ story?

Sydney alimin 22:45 GMT March 9, 2004 Reply   
good morning everyone
waw i was amazed looking at the eur/usd chart...is it true that there was a gap between 1.2425 and 1.2390 at around 13.30 NY time? any explanation for that?

hk ab 22:45 GMT March 9, 2004 Reply   
wow, nothing is more powerful than when I say long eur? and it comes to my mentioned retracement fast?


I can't believe all these moves in 4 hrs.....

Wien GD 22:44 GMT March 9, 2004 Reply   
My post from 19:55: can anybody please help or post opinion?

Ldn 22:34 GMT March 9, 2004 Reply   
AUD near-term technical bias is lower and a move to key support in 7530/50 region is on cards, say NAB strategists. Current price action underscores fact FX markets are struggling for clear view of medium-term direction. RBA's decisions to twice leave interest rates on hold have clouded outlook. Markets mulling possibility that a plateau has been reached on rates
AP/rts

or 22:14 GMT March 9, 2004 Reply   
Dollaryen story:

Dealers suggest this was another case of a complete liquidity vacuum. Yes there were stops, but from a few large banks we have spoken to they were not exactly large at least on their books. Seems like eur/dlr briefly did something we would think more likely from dlr/yen. Meanwhile traders that are informed are telling us that while yesterday the BOJ did mean to pull the bid, they did not mean to do so today, but when the amount the bank was to do for them ran dry, the were about to place a fresh bid, when the market slumped, after participants reacted to the experience yesterday! The suggestion is that today was just a BOJ mistake after they like everyone were surprised how quickly it dropped. 4Cast.

Asleep at the button afterall.

Livingston nh 22:06 GMT March 9, 2004 Reply   
USD/JPY ran out of stops based rocket fuel above 112 - so in the last two days BoJ has made it attractive again to short the USD/JPY after taking out alleged bid level at 112 and today at 111 -- as folks start buying Yen and placing their stops up to and beyond 112 the fuel for the next stage above the 200 day ma builds up -

from Bloomberg --"Any decline in the dollar against the yen may prompt Japan to sell its currency to protect exporters' earnings said traders and investors including Chris Melendez. The dollar yesterday had its biggest one-day drop against the yen in six weeks.

Melendez, president of currency hedge fund Tempest Asset Management, said the U.S. currency's 0.8 percent drop yesterday against yen doesn't mean the Bank of Japan has given up on sales, after spending record amounts this year to weaken its currency.

``I don't think they are done yet,'' Melendez of Irvine, California-based Tempest, said in an interview. The bank will extend currency sales through at least March 31, the end of the fiscal year, Melendez said.

Gold Coast martin 21:58 GMT March 9, 2004 Reply   
Wien .....good point...i must say that when i did the numbers for the AUD yesterday the GBR/EUR was a major influence in my decision....In australia we have a similar saying....'If grandma had balls she would be grandpa"....g/l g/t

Wien GD 21:51 GMT March 9, 2004 Reply   
Gold Coast Martin - also congatulations!
Although it only dropped because of GBP/EUR.
But as we say here in austria: if grandma would have wheels - she WOULD have been a truck.
gl, gt ;)

Stockholm za 21:50 GMT March 9, 2004 Reply   
fwiw........ Play on :-
EUR/USD- Ema 144
CHF/JPY- Ema 13
GBP/USD- Ema 89
USD/CAD-Ema 34
Happy trades........

Gold Coast martin 21:45 GMT March 9, 2004 Reply   
Dr Qs call was technically spot on..

Ldn 21:43 GMT March 9, 2004 Reply   
Gold Coast martin I must say at times I had my doubts about your level, but what clinched it was Qindex saying we will see Euro 122.55 which made me turn my longs over. cheers and congratulations on your call.

Gold Coast martin 21:42 GMT March 9, 2004 Reply   
sorry it should be 7550....

Gold Coast martin 21:41 GMT March 9, 2004 Reply   
AS predicted 7 hours ago ..aud to drop to 7580 ...have shortened aussie further to 7850 as this is the target running into the australian session...g/l g/t

Ltn th 21:38 GMT March 9, 2004 Reply   
The poor japanese seem to be getting blamed for a lot at the moment??
Worth listening to or getting a copy of Costello's "Strong Dollar" speech to parliament late last nite Oz time! Pretty full on detail so means a bit different to Snow or Greenspan ideas. Dont know if ABC news radio has an audio archive, if not draft hansard would be be available trrough parliament site soon. Strange that no mention in AFR, but may have been to late for their deadlines.

Ldn 21:37 GMT March 9, 2004 Reply   
The failure to overcome 1.2460 saw the EUR come under pressure late in the day. Middle East selling was rumored in EUR/USD (as well as EUR/JPY) for the second straight day. Considering US interest rates continued to give ground today and stocks extended their loss (now in the red for the year), the buck defied expectations by strengthening. Large UK trade deficit sent Cable lower and dragged EUR/USD down with it. Deutsche's announcement that it is not for sale helped
weigh as well.

ifr

Ldn 21:18 GMT March 9, 2004 Reply   
AUD sharply weaker and below 7600 after gapping down in early Sydney trading in line with a weakening of EURO. Sydney traders say Japanese selling has been a part to blame for the slide, major support at 0.7550

london cam 20:56 GMT March 9, 2004 Reply   
Th . Thanks for the view - Interesting

Ltn th 20:52 GMT March 9, 2004 Reply   
cam// Suspicion only, is that fair sized funds possibly NY based cashed in spot gold to fund thumps on euro. The MO is consistent with that of some organisations that used to be active in latam a couple of years ago. The other scenario is, remembering the last G7 statement about removing excess volatility. In either case the same groups could be involved.

Gen dk 20:50 GMT March 9, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Ldn 20:48 GMT March 9, 2004 Reply   
early Asia

Ldn 20:48 GMT March 9, 2004 Reply   
BOJ may be in again early

london cam 20:40 GMT March 9, 2004 Reply   
Ltn th
Would you mind expanding on that? TIA

Ltn th 20:33 GMT March 9, 2004 Reply   
The synchronisation with spot gold and the use of NY access market narrows down the list of usual suspects very considerably. Suggests may not be profit taking.

Lndn frnd 20:30 GMT March 9, 2004 Reply   
N/A N/A 19:58 GMT March 9, 2004
I have a question about Exchange Rates. I need guidence on how to exchange new Iraqi IQD to USD

ask jay for my email, i handle this line of business IDQ/USD

dc fxq 20:26 GMT March 9, 2004 Reply   
Same true on IFR "bullets" but 1.2335-1.2345 the stated range for stop takeouts in EURUSD.

dc fxq 20:24 GMT March 9, 2004 Reply   
MNI reported that serious stops were hit at 1.2350 and bids evaported against possibility of MoF moves.

NA NA 20:21 GMT March 9, 2004 Reply   
what do you mean doubt? and I have no clue what tha censored you just said except about tha Western Union. I need help really! I think that I could do some good at where I'm sitting in IQD/CHF or IQD/USD. Just need lots of help. I have no clue on what to do or how to go about it!!

Wash DC Tempus 20:17 GMT March 9, 2004 Reply   
Massive s/l below 1.2280 .....
market gap post Friday's payroll data

market looks as if it is itching to fill the gap....

euro longs beware



Brazil, JH 20:14 GMT March 9, 2004 Reply   
Close Eur/dir short 1.2383-1.2291 nice day
next time I'm in Dallas I'm sending GEP a pizza

LAX-LGB SNP 20:13 GMT March 9, 2004 Reply   
na na ... i doubt your credentials but GV is all about currency speculation - not physical delivery ... you would do better to ask the local Western Union re: your IQDs

Nottingham Daniel 20:09 GMT March 9, 2004 Reply   
QIndex made two calls today so far he is on target - 10.24 GMT - 1.2255 NY session - lets hope we hit this target - Excellent call Dr Q

sd sd 20:09 GMT March 9, 2004 Reply   
BOJ buying USD

St. Louis SAJ 20:08 GMT March 9, 2004 Reply   
LA BV -- Other way around, EUR getting beaten up vs USD

na na 20:06 GMT March 9, 2004 Reply   
Soldier in need of financial help!!

LA BV 20:05 GMT March 9, 2004 Reply   
Any news out? USD getting clocked???

na na 20:04 GMT March 9, 2004 Reply   
Prague can you help me with my question

St. Louis SAJ 20:04 GMT March 9, 2004 Reply   
Does anyone have a relevant wire story to account for the 1 handle drop in EUR/USD in the past 20 mins? My wire is down.

Many TIA!

prauge viktor 20:01 GMT March 9, 2004 Reply   
Gep where are man have look whts going with audUSD

N/A N/A 19:58 GMT March 9, 2004 Reply   
I have a question about Exchange Rates. I need guidence on how to exchange new Iraqi IQD to USD?

Wien GD 19:55 GMT March 9, 2004 Reply   
hi niced guys - I have some kiwis with still +30 pips ... MT/LT-trader ... would you hold them or sell them now ... what do you expect from kiwi/RBNZ next days?

Global-View 19:44 GMT March 9, 2004 Reply   
Chicago. Sorry, normally IMM swaps are updated around 8AM EST. Today was an exception and they will be updated tomorrow.

Global-View 19:42 GMT March 9, 2004 Reply   
Our Forum speaks for itself so no defense is needed but thanks anyway.

LA 7 19:29 GMT March 9, 2004 Reply   
It feels like the market has had it for today and who can blame dealers for heading to their bunkers. GEP, you are a stand up guy.

prauge viktor 19:28 GMT March 9, 2004 Reply   
Gep what do you think pleas about the aud/cad.

chicago ls 19:27 GMT March 9, 2004 Reply   
hihi Jay--do you have a timeframe on updating imm swaps?

thks veyr much

Dallas GEP 19:04 GMT March 9, 2004 Reply   
I will be away for awhile but for those who wish , please don't resist the temptation to bust my chops some more!!! LOL I actually enjoy it. GL GT

Tooth Fairy 18:59 GMT March 9, 2004 Reply   
Me too Shaggy!

Dallas GEP 18:57 GMT March 9, 2004 Reply   
Don't assume that you know what the MOF's intent is now. They obviously pulled their bids @ 111.00 then it shorted 80 pips and appearances are they bid it up to 111.00 again. If enough people long from here, I wouldn't put it past them to pull their bids again so USD/JPY buyers beware for now!!!!

NYC Shaggy 18:55 GMT March 9, 2004 Reply   
Dallas, I, as everyone else here am impressed with your trading prowness.

BEIRUT MK 18:40 GMT March 9, 2004 Reply   
close long eur from 1.2383 at 1.2401

Dallas GEP 18:35 GMT March 9, 2004 Reply   
Closed euro short at -6 pip loss..... And THAT Shaggy is how you turn lemons into lemonade!!!!

saloniko 2004 nk 18:28 GMT March 9, 2004 Reply   
There are 2Powers..

One the Power of Love and one the Power of traders..

I guess that when traders are against the Power is Biggest..than everything...

I am short USD/J..
May be one or 2weeks b4 the finaly move ..

nk

chester wb 18:24 GMT March 9, 2004 Reply   
out of euro short @ 1.2391..+34 pips

Ldn Viewer 18:23 GMT March 9, 2004 Reply   
One plus the MACD Indicator held and this dip seems to have come from that .. but also suspect help from our BOJ friends ...

indonesia new trader 18:21 GMT March 9, 2004 Reply   
this is [email protected]@king [email protected] yesterday my stop don't fill
today my stop don't feel again
and now empty margin
i'm so confuse

Ldn Viewer 18:20 GMT March 9, 2004 Reply   
Seems the battle has begun after that dip ...

1.2460 held EUR ...

GBP looking offered and that all to do with EURGBP move today

After Friday USD showing not to bad IMHO .. Market long still and unloading ...

Those who have some insight let us know ... appreciate

Kaunas DP 18:18 GMT March 9, 2004 Reply   
GEP
do u have any clue where eur/gbp is heading - TIA

Dallas GEP 18:17 GMT March 9, 2004 Reply   
NO QF, this is a mere repeat of the other day when they removed their bids and apparently let exporters settle out some accounts.

Nassau QF 18:16 GMT March 9, 2004 Reply   
I had long entry order at 111.10 with stop at 110.9
Didn't get hurt too bad.

KL KL 18:16 GMT March 9, 2004 Reply   
MOF made quickest 15 USD billion in History....1 minute

Dallas GEP 18:15 GMT March 9, 2004 Reply   
Those USD/JPY longs I had were stopped out @ 110.92. I pray you guys had your stops in.

or 18:15 GMT March 9, 2004 Reply   
Looks like MOF was asleep at the button or searching for real bids below fig.

Dublin CK 18:12 GMT March 9, 2004 Reply   
MOF must of shot back and killed the Indian that was attacking the cowboy.

chester wb 18:12 GMT March 9, 2004 Reply   
sold euro @1.2425 t/p 1.2395 for now

Nassau QF 18:11 GMT March 9, 2004 Reply   
Maybe BOJ screwed up and shorted USD/JPY by mistake then reversed? :)

saloniko 2004 nk 18:11 GMT March 9, 2004 Reply   
Im betting that USD/J will trigger soon in 106-103 area..

So maybe its not so good idea to bet on Boys of J..bids..



nk

Ldn Viewer 18:10 GMT March 9, 2004 Reply   
USDJPY did just trade 110.25 ? Seems this 6pm LDN time attracting some interest yesterday and today ?? but today no Snow comment and maybe BOJ just pulled bids got some moree sellers in and may try short squeeze up .. making USDJPY pretty hard to trade ... IMVHO

SLC TJ 18:07 GMT March 9, 2004 Reply   
downside target on gbp anyone? TIA

KL KL 18:06 GMT March 9, 2004 Reply   
Power of MOF of Japan...could not even place a buy at 110.5

Cairo AG 18:03 GMT March 9, 2004 Reply   
Just wanted to say Hi for everyone here...

GEP: check ur mail, am gonna be offline,... but reachable !!!

Wish all of u here THE BEST OF LUCK & GOOD TRADES.

KL KL 18:03 GMT March 9, 2004 Reply   
not me ...I was looking to long it at sub 111 now better at 110

Dublin CK 18:02 GMT March 9, 2004 Reply   
Its the second time in 24hrs that the USD/YEN has dropped 80 pips in one candle.

Any ideas on what happened or why?

Dublin CK 18:01 GMT March 9, 2004 Reply   
Who just shot the Yen?

KL KL 17:52 GMT March 9, 2004 Reply   
GEP, OMIL USD/JPY at this level sub 111 are you in longing it? Looks interesting for a few pips

Bandung Dewan 17:51 GMT March 9, 2004 Reply   
Hello people,
I've just get Raden mas message about gold.
Gold have ticket to get 413.

chester wb 17:49 GMT March 9, 2004 Reply   
looks like 1.2460 level on euro may be upside test. will sell another failure and consider a buy if breaks thru. support is @ 1.2430 will sell below 1.2420

NYC Shaggy 17:48 GMT March 9, 2004 Reply   
I am not here to bust chops, and my crystal ball was stolen by Miss Cleo. I am just curious about risk/reward.

KL KL 17:39 GMT March 9, 2004 Reply   
Fight going on at 1.2430 EUR and Cable at 1.84. I don't see any sign yet. Limbo land!!

Ldn Viewer 17:38 GMT March 9, 2004 Reply   
... OMIL , Farmacia always good on USDJPY

Sorry should read GBPUSD .. sorry

Indonesia Solo raden_masandi 17:36 GMT March 9, 2004 Reply   
see u later my friends..

chester wb 17:33 GMT March 9, 2004 Reply   
closed @ 1.2434..plus 11

Indonesia Solo raden_masandi 17:32 GMT March 9, 2004 Reply   
just a joke.
actually I am afraid, start today there will be get killing field for sellers eur/usd or gbp/usd.
my suggest is better exit your selling position. I think enough for you.

Dallas GEP 17:31 GMT March 9, 2004 Reply   
Shaggy, if you are here to bust my chops I don't have time for it!!! Suggest something yourself, that might be helpful!!!! You apparently have not been paying attention anyway it seems. I don't have a crystal ball like you do apparently to assess beforehand EXACTLY where all this procing action will go.

Jakarta JacK 17:29 GMT March 9, 2004 Reply   
Thanks guys just close EUR long on 1.2435 for +70 PIPs :P. Time to sleep now, GL & GT to you all.....

Indonesia Solo raden_masandi 17:28 GMT March 9, 2004 Reply   
gbp/usd have made buy signal now.
wow.. about eur/usd.. I can not see how big buying emotion will come until tomorrow start from now. maybe able to kick selling position?

Ldn Viewer 17:25 GMT March 9, 2004 Reply   
london cam 17:12 - mate just my thoughts .. this market of late since last week before and again after Friday difficult to see .. for me at least ..

I think I may be the best Contra predictor to be Honest I see a buy and the Market sells hahaha ...Maybe the world will pay me to make a call knowing full well goes other way LOL ...

Dallas GEP does great at pip raiding ... OMIL , Farmacia always good on USDJPY

IMO .. GL all

LHR B747 17:24 GMT March 9, 2004 Reply   
JV // EUR puts @ SEP/04, these are cheap and rate of 1.2100 (if you but now PUT) will make you to triple the money.

Do that only if you beleive that EUR will go down to 1.2100 during the next two/three months..

:)

Los Angeles JV 17:22 GMT March 9, 2004 Reply   
LHR,... Candies??

JV

chester wb 17:22 GMT March 9, 2004 Reply   
sold euro @ 1.2445 will see what happens @ 1.2430

NYC Shaggy 17:21 GMT March 9, 2004 Reply   
So, you are risking 82 points to make 35. Understood, thanks.

LHR B747 17:19 GMT March 9, 2004 Reply   
Los Angeles JV // try the EUR puts @ SEP/04, there are few candies around...good luck...!!!

Dallas GEP 17:19 GMT March 9, 2004 Reply   
Well I believe we might see usd/jpy between 111.60-111.80 today so that would put euro probably in 1,2350 area again at least maybe lower. Eur/GBP will need to quit longing and the resistance @ 1.2460 area on Euro will need to hold as well. Those are my expectations FWIW.

Los Angeles JV 17:17 GMT March 9, 2004 Reply   
31 days, just checked and the last is 13 ticks. On a run to 119- 120 could go for as much as 100.

JV

Jakarta JacK 17:17 GMT March 9, 2004 Reply   
Do you guys believe that EUR will reach 1.25?

NYC Shaggy 17:14 GMT March 9, 2004 Reply   
I assume that if you were expecting that, you would be long. What is your objective?

LHR B747 17:13 GMT March 9, 2004 Reply   
Nassau QF // rape me, rape you...this is term to describe IMF and Argentina - next week the actual loan will be higher than today, looks like USA giving the lesson to everybody.

China (USD 200-300 GDP y/y) pays the Americans to live (USD 20K GDP) this is the bottom line.

Make sure that you start tomorrow's US session with long EUR :)

Dallas GEP 17:13 GMT March 9, 2004 Reply   
Shaggy I wasn't really expecting this USD bear run, EUR/USD should pull back to at least 1.2420.

london cam 17:12 GMT March 9, 2004 Reply   
Ldn Viewer 17:08 GMT March 9, 2004
Viewer, thanks for that. Something I hadn't picked up on. I'm standing aside at the moment.

Shelbyville MKT 17:11 GMT March 9, 2004 Reply   
JV: What is the exp. time on your April euro?

Dallas GEP 17:10 GMT March 9, 2004 Reply   
Shaggy, 1.2467. I know that is wide but NY sessions are very whippy. I try to keep stops normally to no more than 30-35 pips

Looks like MOF was on the bid on usd/jpy as predicted.

Ldn Viewer 17:08 GMT March 9, 2004 Reply   
london cam 16:55 GMT - Agree on Gold ticking up here .. what worries me is hourlies remain offered on MACD ... and there seems to be divergence on the same MACD ...

Always a sign that bounce could end up a dead cat bounce ... IMVHO ..

Los Angeles JV 17:01 GMT March 9, 2004 Reply   
Yes, I would like to buy the 118 Euro put. Was in it last week Monday for 25 ticks and sold for 92 ticks. Now it is bid 18-21. Do you think it could retest lows within the next two weeks?

Thanks,

JV

or 17:01 GMT March 9, 2004 Reply   
Eur/usd may now have sufficient buyers to break previous high and head for 1.25. Careful.

Shelbyville MKT 16:58 GMT March 9, 2004 Reply   
JV: are you looking to buy the 1.18 euro put?

Nassau QF 16:56 GMT March 9, 2004 Reply   
Update on Argentina:

Argentina will make a $3.1 billion payment to the International Monetary Fund due today after reaching an agreement with the lender, TodoNoticias television station reported without saying how it obtained the information.

The accord followed a 30-minute telephone conversation between Argentine President Nestor Kirchner and IMF Acting Managing Director Anne Krueger, TodoNoticias said. Kirchner will authorize the payment today, according to the report.

IMF spokesman Francisco Baker declined to respond to telephone messages seeking a comment. Mariana Blanco, an official in Kirchner's press office, declined to comment.

The fund and government will disclose details of the agreement tomorrow, TodoNoticias reported.
http://quote.bloomberg.com/apps/news?pid=10000006&sid=agD1EPn5FPcE&refer=home

Indonesia Solo raden_masandi 16:56 GMT March 9, 2004 Reply   
eur/gbp is very ideal to get 0.6715.
I think logic.

london cam 16:55 GMT March 9, 2004 Reply   
An observation......
Gold moving upwards at quiet a pace yet unusually EUR is not moving upwardly as it would normally under these circumstances. If you're short EUR, suggest a tight stop loss.
I wouldn't be surprised to see EURUSD to move to 1.25 before NY close if gold continues rising.
Same applies to AUD shorts..
GL

Los Angeles JV 16:54 GMT March 9, 2004 Reply   
Anyones thoughts on April 118 puts on the Euro.?
Newbie, first post.

JV

Nottingham 16:54 GMT March 9, 2004 Reply   
mex sjs 16:37 GMT

eoddata.com...not perfect but will do for at a glance

hk ab 16:54 GMT March 9, 2004 Reply   
jk// thanks very much.

and daily low of dlr/jpy as well. THANKS!

nyc jk 16:51 GMT March 9, 2004 Reply   
ab NZD is .6818/23

Manchester Dan 16:47 GMT March 9, 2004 Reply   

Hi All

A newbie here (with a virtual account!!)

type "Rand Chart" in your seach bar... it comes up with loads-a-links

Dan

hk ab 16:47 GMT March 9, 2004 Reply   
fwiw, if deficit drags gbp a good run, next will be aud and nzd....

SA Bok 16:47 GMT March 9, 2004 Reply   
mex sjs 16:37 GMT - Rand charts difficult to come by , many providers have taken Rand off thier systems , If you want to ask a specfic question maybe take this to help forum and I will try help you ...

NYC Shaggy 16:46 GMT March 9, 2004 Reply   
Dallas, what is your reccomended stop loss on your 1.2385 Euro short position?

hk ab 16:46 GMT March 9, 2004 Reply   
v. interesting,
while all people are bearish on eurgbp and eur, I think the scenario has changed a bit. and eur/gbp now is above 20 dma for sure (andI think a close above this is very possible now) ...


I am looking for a level to long eur....

but better have a good slepe first and see what happens in asia tomorrow.

btw, can someone offer me a live nzd quotes now? THANKS

Dallas GEP 16:46 GMT March 9, 2004 Reply   
hmmmm....good bounce up on Cable...see if it is sustainable

Dallas GEP 16:44 GMT March 9, 2004 Reply   
Last night's pound low was 1.8328. That will be tested soon IMO Euro low 1.2351

Indonesia Solo raden_masandi 16:43 GMT March 9, 2004 Reply   
hello.. be carefull with eur/gpp. now is on the top area at 0.6769

Shelbyville MKT 16:39 GMT March 9, 2004 Reply   
FWIW: Opportunities in option web site gives a weekly volatility sheet on there web site each tuesday.

Dallas GEP 16:39 GMT March 9, 2004 Reply   
You know if eur/gbp would just stay NEUTRAL, this euro would drop like a rock!!!! Look for .6760 to contain for now possibly on EUR/GBP or is that wishful thinking AB??????

mex sjs 16:37 GMT March 9, 2004 Reply   
can anyone please tell me where I can find a graph for rand for the past couple of years?? TIA

nyc jk 16:37 GMT March 9, 2004 Reply   
thanks MKT. Talk to you later then SAJ.

St. Louis SAJ 16:35 GMT March 9, 2004 Reply   
Not at all, contact away if you like. Or, I can sometimes be found over @ marketforum.com, discussing options and generally lowering property values. :^)

nyc jk 16:35 GMT March 9, 2004 Reply   
cheers GEP, I think so too, I am short GBP, trailing stop 1.8410 and see how we go

Dallas GEP 16:32 GMT March 9, 2004 Reply   
YEP I think both Euro and pound see lower lows than yesterday. Pound FIRST though because eur/gbp is holding up eur/usd.

Shelbyville MKT 16:31 GMT March 9, 2004 Reply   
NYC: current euro 12.4% 1.5 year i.v. range (7.2 to 12.4)

nyc jk 16:31 GMT March 9, 2004 Reply   
SAJ - thanks vm. would like to talk some opts with you at some point without boring most of the forum to tears..you mind if I contact you through Jay?

nyc jk 16:29 GMT March 9, 2004 Reply   
GEP - what do you reckon on GBP , getting ready for another pukeout?

St. Louis SAJ 16:29 GMT March 9, 2004 Reply   
SIN = COMEX July Silver. It's not often these lads put free money on the table, believe me.

Re: your Q on EUR IVs. They are not particularly high on a relative basis, only @ the 38th percentile of the 6-month range.

GL/GT!

Dallas GEP 16:28 GMT March 9, 2004 Reply   
Looks like bidding on usd/jpy is about to begin. Give it a couple of hours.

nyc jk 16:25 GMT March 9, 2004 Reply   
SAJ - thanks for that. interesting on the GBP indeed. I follow SI somewhat, but generally do not trade it. What is SIN ? excuse my metals ignorance!

St. Louis SAJ 16:24 GMT March 9, 2004 Reply   
1 mo EUR volatility, basis CME last night, is 11.6%.

beijing road 16:22 GMT March 9, 2004 Reply   
ML: R u around , sir? Your view on GBP/JPY plz?

nyc jk 16:20 GMT March 9, 2004 Reply   
not exactly MKT. what is 1m EUR implied volatlity , around 12% right? I was asking how actual volatility is at the moment....ie, is it running less than 12% annualized (and/or expected to run less than 12%) ? seems that needs to be the case for your strategy to work effectively, even if IV's are high by historical standards?

St. Louis SAJ 16:18 GMT March 9, 2004 Reply   
NYC jk -- Curiously, BP IVs are actually lower than the 20- and 50-day HVs, and just equal to the 100-day SV. Very unusual situation. SI, otoh, has IV up in the clouds, just double what it was a year ago, and WELL higher than its respective HVs. SIN ratio-spread 1-to-2, 9.50c vs. 11.00c can perhaps be put on for a small credit, which if able would make it a lock for **some** level of profit, a precise level being not necessarily determinable a priori. Notwithstanding the IV of SI itself, the SPAN requirement for such a ratio-spread is VERY modest, just a couple-three hundred or so (exact figs on request). Remarkable, given current circumstances.

Dallas GEP 16:18 GMT March 9, 2004 Reply   
QF, for now anyway!!!

Nassau QF 16:17 GMT March 9, 2004 Reply   
Thx Gep.

Dallas GEP 16:14 GMT March 9, 2004 Reply   
Yes they are QF

Shelbyville MKT 16:11 GMT March 9, 2004 Reply   
NYC, silver, copper, euro, and the pound are at 99% of there 6 year range. Is that what you wanted to know?

Nassau QF 16:11 GMT March 9, 2004 Reply   
Does anyone know if the USD/JPY bids are still there at 111?

nyc jk 16:04 GMT March 9, 2004 Reply   
Shelbyville MKT 15:58 GMT March 9, 2004

how does the actual volatility compare with the implieds? does it justify the high IV ?

Shelbyville MKT 16:01 GMT March 9, 2004 Reply   
FWIW: S & P 500, Heating Oil ( IV for each at or near 1.5 and 6.0 year low) Consider for buying strategies

tel-aviv dor 15:58 GMT March 9, 2004 Reply   
Hi ROAD , what paramaters you use on MACD & what on S.STO ? TIA

Shelbyville MKT 15:58 GMT March 9, 2004 Reply   
FWIW: British Pound, Euro, Silver, and Copper. All have a high option implied volatility. Consider selling strategies (option sales, ratio spreads, and reverse calendar spreads)

Washington mmm 15:56 GMT March 9, 2004 Reply   
GEP any views @ USD/CAD
thanks

mumbai jay 15:36 GMT March 9, 2004 Reply   
GEP.. 1513 GMT.. What's the target on EUR short and the s/l pl? TIA

Brazil, JH 15:35 GMT March 9, 2004 Reply   
I"m short on Eur/dir so I'm sure it's going long..LOL

Belgrade Knez 15:35 GMT March 9, 2004 Reply   

Thank you guys for making it clear.
GL & GT

beijing road 15:33 GMT March 9, 2004 Reply   
B4 US data out tomorrow, eur/usd might be consolidate btw tight range.

LAX-LGB SNP 15:32 GMT March 9, 2004 Reply   
quite a lot of in-fighting earlier today ... i'd have missed the free show if not for the archive function (thanks [email protected])

nonetheless EURUSD evince price's inability to break out of trough ... EURGBP rising out of its double-top formation is clearly due to bad news out of UK - am looking to short both and bid USDCHF since a (double_|_bottom) seems to have set in place

P.S. many thanks to shanghai bc 04:49 GMT March 9, 2004

Eastbourne PJ 15:31 GMT March 9, 2004 Reply   
Or expressed as 10,000 x $100,000 size lots

beijing road 15:31 GMT March 9, 2004 Reply   
EUR/USD made higher high and higher low(so far) than yesterday. If it can make higher close , maybe it still has strength to attack 1.2500-20 level as long as 1.2300-40 hold.

LHR B747 15:29 GMT March 9, 2004 Reply   
1 yard is less than 0.01% of daily volume

Dallas GEP 15:27 GMT March 9, 2004 Reply   
1 yard is 1 Billion Units of currency, IE One Billion Dollars

Belgrade Knez 15:21 GMT March 9, 2004 Reply   

Guys,
How many lots is one yard?
Thanks.

Gold Coast martin 15:15 GMT March 9, 2004 Reply   
short on aussie 7585....

Dallas GEP 15:13 GMT March 9, 2004 Reply   
1,2384 short on Euro

Dallas GEP 15:08 GMT March 9, 2004 Reply   
Yep Road We should dump if EUR/GBP will cooperate

Nostradamus france 15:06 GMT March 9, 2004 Reply   
Xsignal, get your butt back in here!!!

LT Xsignal aus 15:04 GMT March 9, 2004 Reply   
please becareful euro long position holders

LT Xsignal aus 15:03 GMT March 9, 2004 Reply   
sell a yard of euro now at 1.2395

Fairfield, IA ER 15:01 GMT March 9, 2004 Reply   
...and most of all, stay out of your head.

beijing road 15:01 GMT March 9, 2004 Reply   
GEP: Take a look at EUR/USD MACD plz daily,8h,4h,1h 30m plz.It is going to be very interesting soon.

Stockholm za 15:00 GMT March 9, 2004 Reply   
fwiw....... on EUR/USD & GBP/USD .... Your Diffusion :-
A state of mind........
" Setting Objectives
Structuring the Problem
Identifying Data Sources
Collecting Data
Preparing Data
Selecting Methods
Implementing Methods (General)
Implementing Judgmental Methods
Implementing Quantitative Methods
Implementing Methods (Explanatory)
Integrating Judgment and Quantitative Methods
Combining Forecasts
Evaluating Methods
Assessing Uncertainty
Presenting Forecasts
Learning

Pay more attention to forecast accuracy and approaches. Past forecasts need to be examined to uncover persistent errors that can be corrected in future forecasts. Care needs to be taken in the choice of an accuracy measure when evaluating forecasts. "
Have a nice day & trades..............

Aden PK 14:58 GMT March 9, 2004 Reply   
`Freinds here are some Market Alerts, these are not mine.
MarMar 9 / 7:36 EST
MNI EURO-DOLLAR TECHS: RES 4: $1.2540 Daily high 1 Mar RES 3: $1.2495 50.0% of $1.2060 to $1.2929 RES 2: $1.2458 Hourly high RES 1: $1.2410 Intra-day congestion level & 50.0% of $1.2360-$1.2458 CURRENT LEVEL: $1.2380 SUP 1: $1.2335 Former major support 19 Jan SUP 2: $1.2295 Support line from 3 Mar SUP 3: $1.2240 Daily high 4 Mar SUP 4: $1.2210 61.8% of $1.2458 to $1.2060 COMMENTARY: Euro has managed to find some stablity above $1.2360, but downside risks persist as the hourly studies have yet to hit oversold levels. Watching the pivotal support level at $1.2335/40, and break below here is seen triggering further slide to $1.2295, which is a support line from $1.2060 reversal low.

Mar 9 / 7:31 EST
STERLING SUMMARY: Opened Europe at $1.8562, stg0.6710 against the euro -- Sterling moved higher in Asia amid talk of Asian central bank demand from $1.8485. Offers, said to be related to another Asian central bank, capped at $1.8588 and cable slipped back lower while euro-sterling held a stg0.6698/11 range. -- Sterling slipped steadily to $1.8520 before the release of the trade data, which fuelled an immediate move to $1.8480 and persistent selling pressure pushed cable into technical support at $1.8425 -- Stops were tripped under $1.8420 and sterling continued to extend its slide to $1.8345 before finding some support. Euro-sterling also gained ground but losses were limited to stg0.6745/50 offers -- Further offers in the cross seen at stg0.6800 with bids at stg0.6700 -- Cable bids under the lows noted at $1.8320, which represents a 61.8% reatracement of the rally from $1.8160. Further bids at $1.8250 -- Initial offers in place at $1.8425
Mar 9 / 7:20 EST
YEN SUMMARY: Opened early Europe at Y111.25 and Y138.56 against the euro -- Dollar-yen traded in a Y111.10/40 range in Asia with widespread talk the bids at the base of that range were from the Bank of Japan and offers from exporters capping the topside. -- US names were leading sellers as the dollar held in a slim range above the BOJ bids in early Europe but when the broad-based dollar lift came later in the European morning, dollar-yen vaulted above the exporter interest towards Y111.60/65 -- Gains were limited and further offers are seen on the approach to Y112, in Monday's breakout area of Y111.90/00 -- Bank of Japan bids are suspected to be in place to Y111.00 with stops building in the Y110.90 area and further bids at Y110.50

LHR B747 14:58 GMT March 9, 2004 Reply   
Nassau QF // Looks to me like very good reason to stay away from USD

Do you have answers to the rest of the questions I raised?

Nassau QF 14:56 GMT March 9, 2004 Reply   
LHR B747 14:44 GMT March 9, 2004
The only info I have so far:
President Nestor Kirchner has said he won't make the payment unless he gets assurances from the IMF that it would free this month a $3.1 billion loan to the nation, South America's second- biggest economy. The payment is equivalent to 20 percent of Argentina's $15 billion of foreign reserves.

Deadline is 10pm GMT
http://quote.bloomberg.com/apps/news?pid=10000006&sid=aJzlw4LwWKPE&refer=home

Nottingham 14:50 GMT March 9, 2004 Reply   
GEP, imo you can set your sights higher if cable posts a few intraday period closes above 1.8420...until then the $ can still come back and bite you...gl gt

Aden PK 14:45 GMT March 9, 2004 Reply   
Hi freinds,
Close Aus/USD short position from .6634 at .6620 on unexpected bounce, earlier went long in cable at 1.8430 and stopped out at 1.8384,
Looking to short again Aus/USd at .6635+ and cable at 1.8450+ your comments appreciated

LHR B747 14:44 GMT March 9, 2004 Reply   
LT Xsignal aus : Did USA paid back the deficit in full?
Did Argentina managed to pay USD 3.1B today?
Does Trichet and Issing share a sit in your pub?
Does Greenspan and Snow came into your dream with an angel's suit?

Can you answer my questions?

Dallas GEP 14:43 GMT March 9, 2004 Reply   
Reversal signals (SHORT) developing on Euro and Pound. not confirmed yet,

slv sam 14:43 GMT March 9, 2004 Reply   
bought $/cad at 1.3220.GT

Dallas GEP 14:39 GMT March 9, 2004 Reply   
Chainstore Sales were DOWN which caused the USD weakness

LT Xsignal aus 14:39 GMT March 9, 2004 Reply   
*euro/usd (1.2395) will go to 1.243 before CRASHING to 1.199*

LT Xsignal aus 14:38 GMT March 9, 2004 Reply   
*Euro will go to 1.243 before crashing to 1.1990.*

sarasota jf 14:37 GMT March 9, 2004 Reply   
short position holder bought 2 lots of gbp - some more demand a little higher

Dallas GEP 14:34 GMT March 9, 2004 Reply   
Pound short got stopped on way up @ 1.8363. Nasty bounces on both euro and pound

Indonesia Solo raden_masandi 14:33 GMT March 9, 2004 Reply   
Nairobi,Kenya Jk 14:14 GMT March 9, 2004
yes.. but for long term trade since last week position.
too bad today in short term trade. killed by low today. LOL
I hope can get recovery in other time.

Dallas GEP 14:20 GMT March 9, 2004 Reply   
Friends, look no futher than eur/gbp for eur/usd clues. >6737 went to .6741 and it kept eur/usd from making a short run. GBP is a safer short than EURO right now.

Dallas GEP 14:18 GMT March 9, 2004 Reply   
Euro and pound just had a buy order just now, let's see if it gets absorbed.

Livingston nh 14:15 GMT March 9, 2004 Reply   
For those who believe in the Evils of the Trade Deficit Dragon tomorrow's US figure should provide direction - above 42 bio and the USD should weaken - below 39 bio could start the next leg of the USD correction

Nairobi,Kenya Jk 14:14 GMT March 9, 2004 Reply   
Indonesia Solo raden_masandi 13:32
Hi Raden Mas.
With your stop taken, are you still gbp bullish?.
Break of key surport of 1.8350 opens the way for testing the 1.8150.IMVHO.

Dallas GEP 14:09 GMT March 9, 2004 Reply   
EUR/GBP giving potential sell signal. That could let eur/usd short if so

Gold Coast martin 14:07 GMT March 9, 2004 Reply   
Have shortened aussie to 7585 as anticipated earlier....

Stockholm za 14:06 GMT March 9, 2004 Reply   
GBP/USD .. trading under key value zoan. possible range/ cycle
Extension/ test...........
ema 55 & 89...........
Happy (safe ) trades........

Dallas GEP 14:05 GMT March 9, 2004 Reply   
Shorted 1.8346 for target 1.8320

singapore man 14:05 GMT March 9, 2004 Reply   
sry to trouble again...any idea lvl aud/usd??

Chambery FR JFB 14:02 GMT March 9, 2004 Reply   
et=and... sorry :-)

Chambery FR JFB 14:01 GMT March 9, 2004 Reply   
Thx Kaunas... :-) Will flat another failure to break 1.8340 et recoup my previous long loss :-) GT

Nottingham 13:59 GMT March 9, 2004 Reply   
Chambery FR JFB 13:53 GMT

confusion you talk about cause by the cross which is capable of retracing to 6790/6815...at that point shorts would be low risk imo...gl gt

Dallas GEP 13:58 GMT March 9, 2004 Reply   
Eur/gbp LONG cross right now is too strong to allow the eur/usd to short EVEN though pound was dumping.

bristol 13:56 GMT March 9, 2004 Reply   
closed out short on gbp/usd
gone long now to much stress

Kaunas DP 13:56 GMT March 9, 2004 Reply   
Chambery FR JFB 13:53 GMT March 9, 2004
the winners are eur/gbp longs...LOL

Chambery FR JFB 13:53 GMT March 9, 2004 Reply   
LHR B747 13:44 GMT March 9, 2004
Thx :-)

Have lowered s/l @1.8395 to reduce risk on short GBP...confusing situation : Euro up, GBP down, who's gonna win? dunno :-( Happy trades

Dallas GEP 13:52 GMT March 9, 2004 Reply   
Stopped out of short Eur/USD @ 1.2377 from 1.2359 (-18 pips)

Dallas DEW 13:51 GMT March 9, 2004 Reply   
Caution: EUR/USD
The Slow Stocastic is indicating an oversold condition. This could be a short term bottom. I am going to take my profits now!!

sing man 13:50 GMT March 9, 2004 Reply   
thx geneva and ldn appreciated
any thoughts aud/usd here??

Nottingham 13:46 GMT March 9, 2004 Reply   
GEP...watch for risk of cable double bottom...market has come a long way and it might be the excuse required for some to start taking profits...gl gt

LHR B747 13:44 GMT March 9, 2004 Reply   
Chambery: Long EUR, if already did than long more.it is "Soldes" for this week at the current price.

good trading and good luck

Chambery FR JFB 13:40 GMT March 9, 2004 Reply   
LHR B747 13:38 GMT March 9, 2004
No problem, was just joking... Used to work with them a while ago, no way to visit them on a Friday... they work only 28 hours/week, so nobody there on Fridays... that may explain (part of) this :-)

Dallas GEP 13:40 GMT March 9, 2004 Reply   
Cable shorting will pull down on Euro EVENTUALLY despite crosses if cable shorts continue.

Ldn 13:39 GMT March 9, 2004 Reply   
singapore man aud 7657..

GENEVA FHR 13:38 GMT March 9, 2004 Reply   
high 0.7657

LHR B747 13:38 GMT March 9, 2004 Reply   
Chambery: The numbers from VW are showing my poiny, they are down all around Europe...simple facts.

Enjoy the car, if you like the car it means you made the right choice and does not matter my opinion about it :)

slv sam 13:38 GMT March 9, 2004 Reply   
prague jv 13:23 GMT /
$/cad is soon moving to 1.3325/60 IMHO. there will watch again.GT

Nottingham 13:37 GMT March 9, 2004 Reply   
usdcad...agree with 3260 res also more at 3280/85, which if taken, may bring 10 day sma into focus but I expect pair will be capped by that unless $ majors break key levels eg. euro sub 2330/2300...gl gt

Chambery FR JFB 13:34 GMT March 9, 2004 Reply   
Bad call for long... -16pips, am now short GBP, s/l 1.8420...

LHR : not true at all, just love my new Beetle 1.8T!! :-)

singapore man 13:33 GMT March 9, 2004 Reply   
thks vm geneva

any idea the high aud/usd in last 12 hours?

Indonesia Solo raden_masandi 13:32 GMT March 9, 2004 Reply   
seen gbp/usd will get bottom at 1.8369 after break 1.8376, we can buy there to get 1.8465 stp 1.8340

Gen dk 13:24 GMT March 9, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

LHR B747 13:23 GMT March 9, 2004 Reply   
PAR 13:21 // not true, they (VW) are shining because of China and S-America markets, in other markets (devoloped) they have nothing to offer (the cars are simply not good enough).

prague jv 13:23 GMT March 9, 2004 Reply   
usd/cad my critical level is just here @ 1.2360 above that level , usd will gain some more upside momentum . It also is strong ressistance and I am closing my long trade here . will reastablish when level clear on pull back if broken .

PAR 13:21 GMT March 9, 2004 Reply   
When the EURO declines VW management shines, and when the EURO rises VW results decline ,they can no longer sell cars and have to fire people. VW management must be about the worst in the car industry.

GENEVA FHR 13:20 GMT March 9, 2004 Reply   
aud .7615/18 eur/usd 1.2368/69

Indonesia Solo raden_masandi 13:19 GMT March 9, 2004 Reply   
ok. I got conclusion about eur/usd when at 1.2360
price is on the key support to get 1.2486.
buy here with stp 1.2318

Singapore Man 13:18 GMT March 9, 2004 Reply   
Hi guys
whats a good lvl aud/usd and eur/usd....my ticker's crashed tia

Dallas GEP 13:16 GMT March 9, 2004 Reply   
More aggresive players move stop on Eur shorts to 1.2387, less aggressive leave stop @ 1.2377. I think it wil bust this level soon IMO.

IST Sez 13:15 GMT March 9, 2004 Reply   
Brazil,
thnx
:)
lets see...

Indonesia Solo raden_masandi 13:12 GMT March 9, 2004 Reply   
good for buy gbp/usd now when at 1.8400 to get 1.8425 for confirmation to get 1.8465., stp 1.8376

IST Sez 13:12 GMT March 9, 2004 Reply   
GBP and CHF protect EUR from failing.IMHO

Brazil, JH 13:11 GMT March 9, 2004 Reply   
IST, I found my bat's blood I will try to use my voodoo to get us that 1.2300 LOL

Indonesia Solo raden_masandi 13:09 GMT March 9, 2004 Reply   
Prague mark.
That's not mine, but my client.
I got headache now because my client change my plan suggest. out from plan.
I have placing order sell for cut switch at 1.8580 but be changed at 1.8630, so I can not say anything. bad habit ..when get wrong way he never want to give stop order.
ya.. I am only adviser, only can give suggest how to survive with this wrong position. :-(
trade for short term and then be change for long term trade when get wrong.. confuse..confuse.. :-(

Stockholm za 13:09 GMT March 9, 2004 Reply   
fwiw ...EUR/USD ...... Values at the moment.....
12540 ~12436 ~( 12406 ) ~12356 ~12327 ~12283 ~12243

Happy Trades .........

Chambery FR JFB 13:08 GMT March 9, 2004 Reply   
Long GBP 1.8391 traded, sar 1.8375, tp 1.8450 (open) Happy trades :-)

hk ab eur/gbp 0.66 13:08 GMT March 9, 2004 Reply   
sometimes I just wonder why Macdonalds can still survive in London with a Big Mac equals to two Big Mac in US... :)

Tallinn viies 13:08 GMT March 9, 2004 Reply   
Riga Nick 12:13 - definatelly not if your account is smaller than 100K euros

IST Sez 13:05 GMT March 9, 2004 Reply   
Here we go !!!!
to 1,23...

Dallas GEP 13:03 GMT March 9, 2004 Reply   
Adusted stop to 1.2377

Dallas GEP 13:03 GMT March 9, 2004 Reply   
Adusted stop to 1.2377

Chambery FR JFB 13:01 GMT March 9, 2004 Reply   
fwiw... my feeling about GBP is that we may see a high ard 1.8450/60 b4 down again to under 1.8300, imvho of course :-)

Dallas GEP 13:00 GMT March 9, 2004 Reply   
Euro but it is Sruggling to short may not at this time

LHR B747 12:59 GMT March 9, 2004 Reply   
hk ab: yes, but Japan and China give more and more credit to the criditor....looks like a time bomd that already ticks!

Dallas GEP 12:58 GMT March 9, 2004 Reply   
1,2374

IST Sez 12:58 GMT March 9, 2004 Reply   
GEP,
may I ask your stop loss level?
thnx

Lagos Styrax 12:57 GMT March 9, 2004 Reply   
Dallas GEP
Good day
Which pair are we shorting?

Gold Coast martin 12:55 GMT March 9, 2004 Reply   
DALLAS....I am further shorting aussie down to 7585 as i have posted before we will see this figure in about 2 hours of ny trading...what is your position?

Dallas GEP 12:54 GMT March 9, 2004 Reply   
1,2359 short on Euro 1.2340 target FIRST

hk ab 0.66 12:52 GMT March 9, 2004 Reply   
We have now all nations in deficit except China and Jap....

IST Sez 12:50 GMT March 9, 2004 Reply   
Qindex & GEP.
very good experts on F/X
I still appreciate you...!!!
;-))
GEP,can I target 1,23 from the current?
thnx

Chicago YM 12:50 GMT March 9, 2004 Reply   
GEp how far will eur retrace before next move down?

Dallas GEP 12:48 GMT March 9, 2004 Reply   
Ok be prepared guys for another round of shorting

prague mark 12:48 GMT March 9, 2004 Reply   
Indonesia Solo raden_masandi 12:11 GMT
so u can handle about +-200pips for swing
does it mean u use 1:40 margin or so - TIA

Chambery FR JFB 12:39 GMT March 9, 2004 Reply   
london cam 12:30 GMT March 9, 2004
Bon appetit :-) Stop just hit on GBP long, +26 pips, should have placed a SAR :-( Happy trades.

Riga Nick 12:37 GMT March 9, 2004 Reply   
Nottingham
I can tell only one thing. I'm somehow connected to FX market about 5-6 years. Directly for 3 year. For all thise time the only person who got stabile income was a guy who opened broker firm. :)))
I was looking for a person who trading for a long time and doing it for his life all thise time. I had no result at all. So I decided to try by myself. :)

nyc jk 12:32 GMT March 9, 2004 Reply   
the GBP was the catalyst ab, look at your newservice for the trade figures and your charts to see that GBP moved first........

london cam 12:30 GMT March 9, 2004 Reply   
Chambery FR JFB 12:05 GMT March 9, 2004
thanks JFB. I have no hard rule for stops. A common strategy of mine is to place them 20, 30, 50 and 100 below or above my entry price. However, if the trade 'feels' wrong at any point in time, I'll close. Like most traders, I just can't discipline myself to rigidly stick to a system, nevertherless I get by and survive.

Off for some lunch before NY
GL GT

hk ab 0.66 12:29 GMT March 9, 2004 Reply   
thanks, but all majors move simultaneously ...

GVI john 12:29 GMT March 9, 2004 Reply   
This report is posted twice daily on GVI. For information on how you can access GVI, contact [email protected]
STRATEGY SESSION --New York Open
Opening Levels:
eur/$ 1.2380…$/yen 111.35
DJIA +12 pts… 10-yr 3.79%, +1 bp
PERSONAL OPINIONS:
See GVI for text...

Chicago YM 12:29 GMT March 9, 2004 Reply   
How far will Eur/usd retrace before next possible downleg?

Chambery FR JFB 12:28 GMT March 9, 2004 Reply   
hk ab 0.66 12:21 GMT March 9, 2004
Hi ab : bad UK numbers :-)

hk ab 0.66 12:21 GMT March 9, 2004 Reply   
could someone tell me what happend at 10:00 GMT why all majors made a spike? I was away.

Nottingham 12:21 GMT March 9, 2004 Reply   
Riga Nick 12:13 GMT

Of course it's possible but the underlying theme must be survival i.e you must never put yourself in the position of standing to be wiped out...further to this profits need to be set aside to counter this scenario if it occurs on the fact that you have overlooked something...none of us know what will happen and there's always a first time for everything so from that perspective you can never be too cautious if you are making it your only source of income...gl gt

beijing road 12:19 GMT March 9, 2004 Reply   
On the EUR/JPY daily chart, it seems to develop a clear E wave. Any1 there share your E wave count plz? Thanks.

LHR B747 12:18 GMT March 9, 2004 Reply   
Asked by the Sueddeutsche Zeitung on March 2 whether the guardian of the Euro should have a strategy
to rein in the currency, Herr Issing said this: “Our monetary policy strategy as its stands cannot be
bettered. The exchange rate is not a target in itself but an important variable for gauging the risks for
price developments. The best contribution (we can make) is (laying down the sound conditions for)
inflation free growth.” Compared to US “Fed speak”, this is very clean air indeed.
Herr Issing continued: “There is no point in making some sort of flash in the pan. That was clearly
demonstrated in the case of Japan back in the late 1980s when it was pressurised by other countries to
pursue a monetary policy that was too expansive.” Clearly, the ECB has NO intention to “do a Japan”.

Riga Nick 12:13 GMT March 9, 2004 Reply   
Nottingham
My personall opinion is that if you can't stand loses, you are not able to trade. More of that, you got to be able to stand series of loses. Phsicologicly and financialy. The only question left without an ansver for me now is, is it able to trade for a living? :) It may sounds stupid for those who are entering speculative trading, but very interesting to me.

Indonesia Solo raden_masandi 12:11 GMT March 9, 2004 Reply   
Jakarta..
I hope forgot about Bandung comment. all here are same..want to get money from trading with many different perspective and analysis and trade strategy and sum of margin. we must agree that we need enough margin (not must big) to manage the trade strategy.
Now I get floating loss too although actually I againts myself view, not thinking buy before meet 1.8610. LOL :-) check my view today.
But I must overcome that position, just share trade strategy with you how to overcome my bad position.
I have buy position at 1.8530 - 1.8510 - 1.8435 - 1.8360.
my margin is enough to maintance that risk.
Now I will hold my lowest buy position and will exit my buy position for BEP only : 1.8450 (first exit) - 1.8530 (second exit) - 1.8550 (third exit), so if right I only have buy position at 1.8360 and will be hold until 1.8742 be get. If like that and if right I have change my wrong position to get best level entry. Now still on the way..not yet final.
With this case I hope we are not missunderstanding again. :-)

hk ab 0.66 12:07 GMT March 9, 2004 Reply   
bc//I owe you a big thanks and I must have missed this:
shanghai bc 01:17 GMT March 9, 2004

AB 07:53 -- Good morning..Commodity related currencies largely fluctuate with Euro too with much larger magnitude largely due to their lack of liquidity and hot persuit by wealthy retail and institutional investors..Trading commodity currencies needs a lot of understanding of their liquidity issue if one is multi-yard trader,if not,he will always be like a stranded whale on sand beach most of the time even stung by a small jelly fish..Their Cbs have reserve operations too but hardly enough to persuade international specs..Their best weapon must be interest rates though..

For the next big money,watch Eur/Gbp 20 DMA and Gold 416 like a hawk for the ending of Dollar bounce and ensuing 1.000 pip rise in Eur/usd..God luck..


Whale... jelly fish. V. nice comparision.

Quito Ecuador Valdez 12:07 GMT March 9, 2004 Reply   
chatters/boxers/personal messenges...I just posted to the GVI free political forum...pull up another browser and let's use that forum also, keeping this FOREX forum more chitchat-free for traders here...GVI made that political forum for such stuff to keep this one purely for trading data/news/FOREX stuff only. Wouldn't (for personal comments that have nothing to do with trading) the political forum be best since we don't have each other's yahoo messenger or MSN nicknames?

Chambery FR JFB 12:05 GMT March 9, 2004 Reply   
london cam 11:13 GMT March 9, 2004
Good question, thanks for asking!! :-) I wish, as most of us, to be able to apply a sure rule, but I am not... Different cases I think :
right now for example, am long GBP from 1.8375, original stop was below previous low (1.8340), then, as the move is pretty slow and almost flat, I trail my stop 3 bars of the 5' chart below the highest posted... (ie high so far was posted at 6:50EST), three bars back low is 1.8390, that's where my s/l is...
In steepest movements, I usually use SMA6,9 and 21 on 5 and 15 min, as they appear to often be hard to cross on a contra move, so s/l just lies above or under the furthest...
Sometimes (less often), I use support/resistance lines, but must admit results are disappointing (for me!! - the reason certainly being that I am definitely an intraday trader, prefer to book small moves often rather than absorbing large swings of a long move...than eventually happen over 2 or 3 days)
Again it's only empirical, no rule written in stone, advices very welcome :-)

LHR B747 12:05 GMT March 9, 2004 Reply   
As US credit expansion has piled on credit
expansion, the veil has been slowly parting. The Dollar “surge” of recent days is likely to be the last gasp
before the monetary veil begins to be torn aside.

Indonesia Solo raden_masandi 11:57 GMT March 9, 2004 Reply   
Jakarta..
if we have spare time, we can chat on yahoo messenger.
we can share everything especially in trade strategy.
call me there. welcome.

prague jv 11:54 GMT March 9, 2004 Reply   
thanks for the info Valdez gl

hk ab 0.66 11:47 GMT March 9, 2004 Reply   
PAR, eur/gbp just broke the daily d/t .....fwiw.

Quito Ecuador Valdez 11:46 GMT March 9, 2004 Reply   
Prague jv...this backs you up: from Reuters:
BOJ STILL SEEN INTERVENING, SNOW COMMENTS

"I would suspect that (even with the BoJ pulling its bids), the BoJ would continue to support dollar/yen, although at what level would be difficult to state because its support level has shifted around a lot in the last few weeks," said Greg Anderson, senior currency strategist at ABN Amro in Chicago.

Earlier, traders said there was demand for dollars against yen from Japanese and U.S. commercial banks, citing speculation the BoJ may have been among bidders around 112.0 yen.

"The BoJ seems to be a key catalyst for the stabilization of the dollar against the euro. You're seeing some ripple effect from the dollar/yen's bid tone into the euro/dollar," said Alex Beuzelin, foreign exchange market analyst at Ruesch International in Washington, D.C.

Nottingham 11:46 GMT March 9, 2004 Reply   
Riga Nick 11:39 GMT

You'd be surprised at how bad it got for some people...I've known some that couldn't handle a $ per pip...it wasn't a pleasant sight and in the end some of them quit as it's not worth losing your health over...gl gt

PAR 11:44 GMT March 9, 2004 Reply   
Sold EUR/GBP at 6730. Expect close below 6700 due to very high UK interest rates.

Nottingham 11:39 GMT March 9, 2004 Reply   
thks martin...gl gt

Riga Nick 11:39 GMT March 9, 2004 Reply   
Nottingham
Well I suppose you are right.
That's exactly why I trade miniforex now. Why not demo? Because even on mini fx you can feel like in real market. Feeling the same, but risk lower. I'll try to use your advice.
Thanks.

Melbourne Qindex 11:37 GMT March 9, 2004 Reply   
Melbourne Qindex 11:37 GMT March 9, 2004
USD/CHF : The critical point of my daily cycle is located at 1.2789. the lower barrier of my daily cycle is positioning at 1.2663 // 1.2726 and the mid-point reference is 1.2694. If the market can overcome the projected resistance of the upper barrier at 1.2852 // 1.2915, the next target is 1.3041.


... 1.2663 // 1.2726 - 1.2789 - 1.2852 // 1.2915 ... 1.3041 ...

Gold Coast martin 11:30 GMT March 9, 2004 Reply   
NOTTINGHAM....great advice for traders who want to maintain longevity in this business..

prague jv 11:30 GMT March 9, 2004 Reply   
I dont think , that we will see very sharp movement in eur/usd .
As long as BOJ keeps supporting eur/jpy and keep cap on eur/usd , thay can be happy and take it very easy .

LHR B747 11:30 GMT March 9, 2004 Reply   
Will Argentina pay USD 3.1B to the IMF today?

Good trade for the exotic lovers :)

Jakarta -- 11:28 GMT March 9, 2004 Reply   
Dear Jay,
Thanks for the e-mail
I did not start the fight with PIP---- i merely asked a simple question to Raden that how can a newbie trader survive his calls and he explained to me and I have no problems with raden or anyone. PIP----- replied in a fashion which was out of line

Nottingham 11:24 GMT March 9, 2004 Reply   
Riga Nick 11:14 GMT

The situation you describe is not a good one to be in for a day trader, as your not likely to have a win loss ration large enough to keep your head above water on those figures...you should probably step back and demo trade for some months as I have seen this problem affect a lot of people and the cause is often psychological - low level of confidence in your own abilities brought about by losses...the result is you snatch at any profit whilst willing losers to turn around...sounds harsh but I'm just trying to be constructive...if the above is not the case with you then I apologise...gl gt

Global-View 11:23 GMT March 9, 2004 Reply   
Jakarta -- 11:15 GMT March 9, 2004 : please check your email

Melbourne Qindex 11:22 GMT March 9, 2004 Reply   
Melbourne Qindex 11:22 GMT March 9, 2004
AUD/USD : Daily Cycle Quantised Levels


... 0.7482 // 0.7507 - 0.7532 - 0.7557 - 0.7582 - 0.7606 - 0.7631 // 0.7656 ...

IST Sez 11:19 GMT March 9, 2004 Reply   
Dallas GEP
Melbourne Qindex
I appreciate your views in all the "way".
I can say you are really good at this job.
good luck to you.

Jakarta -- 11:15 GMT March 9, 2004 Reply   
Raden,
Thank you for your xplantion. I hope u will continue with your posting here as many traders here are already feling v. uneasy that I oppose you as they rely a lot on you yo make money
Good Luck with your trading

Quito Ecuador Valdez 11:14 GMT March 9, 2004 Reply   
Reuters about 5PM yesterday:
"...traders expect the Bank of Japan, which acts on behalf of the Ministry of Finance, to continue its intervention in the next few days, ahead of the Japanese fiscal year-end on March 31, as Japanese companies repatriate earnings from abroad. A weaker yen helps boost corporate results.

"As soon as you saw the BoJ and its surrogates back off from supporting a certain level, you could see the markets react quite sharply, with the yen strengthening a big figure," said Paresh Upadhyaya, currency analyst with Putnam Investments in Boston.

The BoJ action triggered a massive stop-loss order below 112 yen

Riga Nick 11:14 GMT March 9, 2004 Reply   
Nottingham
Thanks for an explanation.
I normali caught myself on the feeling Chambery FR JFB discribed. Taking profit very fast, abnormali fast. On the one hand it makes feel better wher avoiding bad results, but it takes 3-5 trades to cover just one stop...
Thanks for your avsvers.

london cam 11:13 GMT March 9, 2004 Reply   
Chambery FR JFB 11:01 GMT March 9, 2004
Interesting post JFB. I trade in a very similar fashion (when confident of a particular move) except I use 4 lots. Additionally, my stops are also staggered. How do you handle stop placement?

GL GT

Chambery FR JFB 11:13 GMT March 9, 2004 Reply   
ICT ML 11:04 GMT March 9, 2004
That would be... in a perfect world, where I am not greedy and trying to catch those 25% which occur during the remaining 19 hours of the day :-) Off for lunch... back just b4...1pm :-)

Dallas GEP 11:11 GMT March 9, 2004 Reply   
SEZ, Yes I think Euro will go short maybe even from this level here @ 1.2380

Jakarta -- 11:11 GMT March 9, 2004 Reply   
Bandung,
My post trouble you in what way??

Ldn 11:10 GMT March 9, 2004 Reply   
German Jan Indus Output Worse Than Forecast
German Jan Indus Output S/A -0.1%MM; Unadj -2.0%YY

Ldn 11:10 GMT March 9, 2004 Reply   
German Jan indus output worse than expected at s/a -0.1%m/m; unadj -2.0%y/y

Melbourne Qindex 11:10 GMT March 9, 2004 Reply   
IST Sez 11:08 GMT - EUR/USD : It is going down!

Indonesia Solo raden_masandi 11:09 GMT March 9, 2004 Reply   
Jakarta..
I realize one shoot one kill in trade is difficult.
so I must try entry with several position and if right I will hold my best level and exit other position on BEP only.
That's my techique change position to get best level.
so if my scenario be broken, I must cut loss all position and begin new scenario. For example this case of gbp/usd I am still floating loss and have several position with lowest buy position at 1.8360. I will be hold this position and exit my others position with BEP only and will exit for my buy position at 1.8360 at 1.8742. Other example is case of gbp/usd yesterday my target 1.8587 was done and I square all position there. I hope we can get something each other in this money game chart.

IST Sez 11:08 GMT March 9, 2004 Reply   
Dear Dallas and Melbourne Qindex,
R u both still same way on eur/usd down?
thnx

Bandung... how ? 11:07 GMT March 9, 2004 Reply   
your problem is...your comments in this forum ! looks like you a perfect trader here ! sorry man ! ...

Dallas GEP 11:05 GMT March 9, 2004 Reply   
German data must have been GOOD!!!!

hk ab 0.66 11:05 GMT March 9, 2004 Reply   
sp// yes.

ICT ML 11:04 GMT March 9, 2004 Reply   
Chambery FR JFB 11:01 ...now THAT is what we call "Time Management".......LOL
Good info......

Nottingham 11:04 GMT March 9, 2004 Reply   
Riga Nick 10:56 GMT

That particular system is for contra trades...it gives out signals maybe only once evry two or three weeks when the market is very oversold or overbought...I look for a small retracement but use a large position...even so I am prepared to maintain my position on the oversold/overbought side of the price spectrum for two weeks...this means I require a lot of capital in reserve...but imo if it works and that is what's required so be it...gl gt

Dallas GEP 11:02 GMT March 9, 2004 Reply   
Closed Aussie shorts from .7640 @ .7620 +20; still have Aussie shorts from .7615 in play.

Jakarta -- 11:02 GMT March 9, 2004 Reply   
Bandung, where do u read me saying that I am a prefect trader?? You are sad is your problem man.

Chambery FR JFB 11:01 GMT March 9, 2004 Reply   
Nottingham 10:45 GMT March 9, 2004
Fully agree with you... I feel hundred times worse when closing at B/E(or worse!) after having been 50 or 100 pips in the green than when booking 50 pips (or 100) where I could have made 100 or 150 or more :-) When feeling confident enough, I usually trade 5 lots (or multiple of), put a limit of 25, 50,75, and 100 respectively on 4 of them and let the fifth one with an open target... imvho...
While talking about numbers, I feel I spend too much time in front of the screen when there is (almost) no action... So I measured the times the largest hourly bars occur...(on a ten months period) and happily enough (for us European), 75% of those bars occur beetween 1pm and 5pm GMT... and not surprisingly, 50% occur on Thursdays and Fridays. Fwiw, over that period, we've had 100 times GBP bars of 80 pips or more... roughly said, once every two trading days.
Happy trades :-)

sgp sp 10:59 GMT March 9, 2004 Reply   
hk ab, u mean the aud/nzd longs? thanks. gl & gt

hyderabad rakesh 10:58 GMT March 9, 2004 Reply   
hello RADEN MASANDI..
plzz update me with ur views on euro....rakesh

hk ab 0.66 10:58 GMT March 9, 2004 Reply   
if eur/gbp keeps above .6710, I will put a limit on eur long at Dr. Q's level.

Dallas GEP 10:57 GMT March 9, 2004 Reply   
Closed EUR/USD short +5 no movement for now it seems

Riga Nick 10:56 GMT March 9, 2004 Reply   
Nottingham 10:45
Thanks for your answer.
In other words you don't try to protect your open profit untill target done?
Thanks

hk ab 0.66 10:55 GMT March 9, 2004 Reply   
sp// aud/nzd chances are here now.

I would wait for the spike tomorrow....

Dallas GEP 10:55 GMT March 9, 2004 Reply   
Closed USD/CAD longs @ 1.3245

Quito Ecuador Valdez 10:54 GMT March 9, 2004 Reply   
Nottingham, that's what I wanted to hear..fixed targets.

Bandung... how ? 10:54 GMT March 9, 2004 Reply   
Jakarta -- 10:16 GMT March 9, 2004
show for this forum how you can get money in your trade(with your perfect trading) !!!!... are you new here ?...huh !!...
i so sad look your comments here !

Quito Ecuador Valdez 10:52 GMT March 9, 2004 Reply   
"They may have stopped intervention but there is also talk that it is still placing dollar bids around 111 yen," said Toshihiro Azuma, forex manager at Sumitomo Trust and Banking Corp.

"I don't think the dollar will fall below 111," he added.

Finance Minister Sadakazu Tanigaki declined to comment on whether Japan had intervened recently.

Japan sold 10 trillion yen ($89.9 billion) in the first two months of this year, on top of a record 20 trillion yen last year to prop up the dollar and curb the yen's export-damaging rise.

Melbourne Qindex 10:48 GMT March 9, 2004 Reply   
Melbourne Qindex 10:48 GMT March 9, 2004
GBP/USD : 22-Day Cycle Quantised Levels


... 1.7892* ... 1.8047* ... 1.8202* ... 1.8279 // 1.8356* - 1.8434 - 18511* - 1.8588 // 1.8666* ...

Nottingham 10:45 GMT March 9, 2004 Reply   
Riga Nick 10:38 GMT

fwiw my most successful system uses fixed targets...sometimes the price may move further and I could have made more, but I know where I stand and I'm happy with the returns it provides...gl gt

nyc jk 10:45 GMT March 9, 2004 Reply   
ok viies, fair enough. gl

Dallas GEP 10:45 GMT March 9, 2004 Reply   
1.2375 short w 1.2390 stop. 1.2355 TP

KL KL 10:43 GMT March 9, 2004 Reply   
$ strength seems to be resuming its correction. I thought today was a long other currency. I am out of the GBP B/E. Still pondering and analysing data for more support levels. By that looks like EUR will be under pressure. Amazing how 12 hours can change sentiments.

Tallinn viies 10:42 GMT March 9, 2004 Reply   
nyc jk - As Im not selling my "ALPHA" to others and not advertising it. I actually dont need to calculate it to myself. it is enough if I know that maximum drawdone has been near 10%.
this is not a different asset class for me, it is the only one where Im active

hk ab 0.66 10:42 GMT March 9, 2004 Reply   
llet's see if it can close above .6710 today ny.

hk ab 0.66 10:41 GMT March 9, 2004 Reply   
note: eurgbp is turning..... above daily sma20 might change the tone of eur in s/t.

waiting for chances to go long now.

Riga Nick 10:38 GMT March 9, 2004 Reply   
Hello.
I'd like to ask those who survived long time on FX market if I could. How do you define EXIT points for your positions?

Melbourne Qindex 10:38 GMT March 9, 2004 Reply   
Ldn 10:31 GMT - AUD/USD : I need to run more analysis on this pair. Hopefully we can see 0.7545.

UB Tulga 10:38 GMT March 9, 2004 Reply   
Hi all? Hope you had g/t. What is your outlook for AUD/USD and EUR/USD? Thank you

nyc jk 10:38 GMT March 9, 2004 Reply   
yes of course, typo. some people invest in hedge funds for reasons other than absolute return, especially if that return is achieved in an extremely volatile fashion. so what is your sharpe ratio say over the last year?

Tallinn viies 10:34 GMT March 9, 2004 Reply   
nyc jk - you mean Sharpe ratio :)

Ldn 10:31 GMT March 9, 2004 Reply   
Melbourne Qindex what level are you aiming for on the Aud thanks

RTM RB 10:29 GMT March 9, 2004 Reply   
Melbourne Qindex 10:24 GMT // no chance from the models I got/use, the chain shows me the followiong 1.2445 -> 1.2420 -> 1.2490 -> 1.2470 -> 1.2510 +++

It is the ninth, check the monthly charts

Good luck and good trading

Gen dk 10:27 GMT March 9, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

SA getFX 10:26 GMT March 9, 2004 Reply   
evelopment = development

Melbourne Qindex 10:26 GMT March 9, 2004 Reply   
Melbourne Qindex 06:21 GMT March 9, 2004
EUR/USD : As shown in the distribution profile of my daily cycle probability chart high values are associated with the range of 1.2241 - 1.2261.

nyc jk 10:25 GMT March 9, 2004 Reply   
well Viies if you can produce those kind of returns consistently you would have no problem. however what are your risk measures like in producing those returns - what is your sharp ratio?

SA getFX 10:25 GMT March 9, 2004 Reply   
Miami OMIL (/;-> 10:19 GMT > Yes, I think we all agree on that, but the evelopment of an analyst who tries to make conservative calls takes time. Predicting the bottoming of a falling knife is very chancy. I believe realisation of that will be forthcoming...
Overall, I think your earlier comment applies - no one has to take another's call.

Melbourne Qindex 10:24 GMT March 9, 2004 Reply   
Melbourne Qindex 06:00 GMT March 9, 2004
EUR/USD : With a little bit of luck we may see 1.2255 in New York session.

Melbourne Qindex 01:54 GMT March 9, 2004
EUR/JPY : My daily cycle charts suggest that if the market fails to overcome the projected resistant level at 138.51 - 138.58, it will retreat and test the supporting strength of 137.89. EUR/JPY will head for 136.97 if 137.89 fails to hold.


... 136.05 ... 136.66 // 136.97 ... (137.89) - 138.19 - 138.50 - 138.80 // 139.11 ...

Tallinn viies 10:21 GMT March 9, 2004 Reply   
from Reuters:
Hedge funds produced a positive return of 0.99 pct in February, bringing year-to-date return to +3.07 pct, according to the Hennessee Hedge Fund index. This underperforms broader S&P500 (+1.39pct m/m) but outperforms Dow (+0.91pct). Nasdaq fell 1.76 pct. "Despite positive performance in February, hedge fund managers believe the rally may be under pressure and are reluctant to increase net market exposure," Hennessee says. Hennessee Hedge Fund Indices are calculated from performance data supplied by over 680 funds it monitors. Its Hedge Fund Index is believed to represent at least half of the
capital in the industry.

strange how people give them money?
Im 29% up so far for the year. I should open my hedge fund :)

Dallas GEP 10:21 GMT March 9, 2004 Reply   
OMIL don't bail out now my friend!!!!

Melbourne Qindex 10:20 GMT March 9, 2004 Reply   
Nassau QF 10:04 GMT - We can't change our mind. It is a mathematical model and only time can tell.

Nassau QF 10:19 GMT March 9, 2004 Reply   
In defense of Raden, the targets he projected yesterday were reached.
Just his entry point was wrong.
People always jump on him when he makes a bad call but overall, he is very good.

I appreciate your posts here Raden.

Miami OMIL (/;-> 10:19 GMT March 9, 2004 Reply   
No wonder all the good traders go to GVI PRO or just leave the forum. The real traders here that have their real money on the line don’t need this BS IMHO. Later!!!

prauge viktor 10:18 GMT March 9, 2004 Reply   
Thanks Gep G/L today I hope is going to be a good day for all

Dallas GEP 10:18 GMT March 9, 2004 Reply   
USD/JPY is resting here as well. Take profit or hold for 111.80

Gold Coast martin 10:17 GMT March 9, 2004 Reply   
AUD...heading down to below 7590.....wil keep you posted....g/l

Eastbourne PJ 10:17 GMT March 9, 2004 Reply   
Just think of all those people that have most probably [email protected]@ked themselves this morning...

Jakarta -- 10:16 GMT March 9, 2004 Reply   
Dear Raden,
Please go ahead with your trading. Appreciate you taking time to explain

Jakarta 10:14 GMT March 9, 2004 Reply   
PIMPRAIDER
You can go and [email protected]@K urself for all i care

Dallas GEP 10:14 GMT March 9, 2004 Reply   
Viktor I have .7677

Indonesia Solo raden_masandi 10:14 GMT March 9, 2004 Reply   
Jakarta,
I am sorry..
next time I will explain abaout this misunderstanding for learning each other,
but not for today.
bussy in trade.

ICT ML 10:13 GMT March 9, 2004 Reply   
OMIL...they just doubled down on it.....gbp-jpy is killing me today....cable is doing me right though

prauge viktor 10:13 GMT March 9, 2004 Reply   
Gep 0,766 is it a good a s/L for the aud/usd thanks

Rivonia PipPirate 10:12 GMT March 9, 2004 Reply   
Jakarta Dashit Ok, from now on Raden, and everyone else here will only post his/her winning trades ....brilliant, dont know why we did not think of that before.

Antwerp Kees 10:12 GMT March 9, 2004 Reply   
Long EUR @ 1.2368
100 lots for 80pips (day trades)
300 lots for 450pips (position)

IMO, bottom for this month just touched...

Miami OMIL (/;-> 10:11 GMT March 9, 2004 Reply   
Thanks ML hope you get your lunch money back from the front office and update me on what is going on with that front. tia

Nottingham 10:09 GMT March 9, 2004 Reply   
KL KL 09:58 GMT

Pre data cable was middle of my ranges so certainly has scope to fall much further if market wants...fwiw 1st o/s is some 2 big figures lower than here...difficult to say if it'll reach it but cable more than anything else is capable of doinga few figures with little retracement along the way...gl gt

Gold Coast martin 10:09 GMT March 9, 2004 Reply   
..AS PREVIOUSLY POSTED...BE PATIENT WITH AUD....i

Gold Coast martin 10:08 GMT March 9, 2004 Reply   
the aud is coming back a bit earlier than i thought...get those aussie shorts ready GEP...

Dallas GEP 10:07 GMT March 9, 2004 Reply   
1,2361 now SEZ

Dallas GEP 10:06 GMT March 9, 2004 Reply   
Watch USD/JPY for PUSH to 111.80

ICT ML 10:06 GMT March 9, 2004 Reply   
204 is a KEY support level on gbp-jpy....watch that for clues to rest of the session if tested IMHO

Nassau QF 10:04 GMT March 9, 2004 Reply   
Qindex, you earlier post convinced me to short EUR/USD at 1.2454.

THX :)

Do you still see below 123?

IST Sez 10:04 GMT March 9, 2004 Reply   
Dallas,
1,2380 touched?

Dallas GEP 10:02 GMT March 9, 2004 Reply   
Pound MAY test 1.8350. Suport on Euro is 1.2380

Miami OMIL (/;-> 10:01 GMT March 9, 2004 Reply   
Now back to forex, the next support for eur/usd to keep your eye on is 1.2360-65 area at this moment.

Dallas GEP 10:01 GMT March 9, 2004 Reply   
Euro likely to at least pause here

Jakarta -- 10:01 GMT March 9, 2004 Reply   
RIVONIA PIMPPIRATE what is ur problem?? Am I wrong I think a lot of ppl hre agree with me

ICT ML 10:01 GMT March 9, 2004 Reply   
Miami OMIL (/;-> 09:59 GMT.
WELL SAID OMIL!

Eastbourne PJ 10:00 GMT March 9, 2004 Reply   
Closed last nights eur/usd short 1.2380 for + 55 pips

Dallas GEP 10:00 GMT March 9, 2004 Reply   
OUT @ 1.2380 on Euro Short

Ina* mr.co'z 10:00 GMT March 9, 2004 Reply   
longed cable at 1.8375 stop at 1.8350 !! gl/gt..!

Miami OMIL (/;-> 09:59 GMT March 9, 2004 Reply   
I have said this before and I will say it again no one should follow any calls here. Everybody should have a plan A, B, and C ready when they initiate there positions. The calls that are made here are for learning purpose and comparing notes but not to be your absolute plan. I don’t think anyone here would give a total stranger their money and that is what you are doing when you follow someone else’s plan IMHO.

KL KL 09:58 GMT March 9, 2004 Reply   
Nottingham 09:47 GMT March 9,

Not enough time to post but I think 1.8420 is taken out now heading for the mid 1.83. Like Getfx posted does not look good for pound...already 1.838...phew....I must get back to this opportunity!!!IMHO...

IST Sez 09:58 GMT March 9, 2004 Reply   
yes
reasonable!!!!
:)

IST Sez 09:56 GMT March 9, 2004 Reply   
Dallas,
dear frd
is ıt still reasonable to short at this level
thnx

Rivonia PipPirate 09:55 GMT March 9, 2004 Reply   
Jakarta dashit Caveat emptor

Dallas GEP 09:54 GMT March 9, 2004 Reply   
1,2414 short on EURO

sarasota jf 09:54 GMT March 9, 2004 Reply   
Eastbourne PJ 09:51 GMT March 9, 2004
agree - esp when he doesnt have a posn

SA getFX 09:53 GMT March 9, 2004 Reply   
Raden > good call at ~0100 from R1 to R3

Rivonia PipPirate 09:52 GMT March 9, 2004 Reply   
Next candle for a shave please.

Dallas GEP 09:52 GMT March 9, 2004 Reply   
Pound may rest a little watch EURO!!!

Eastbourne PJ 09:51 GMT March 9, 2004 Reply   
There is market commentary and ideas etc, and then there is needless RAMPING. What concerns me are all the new folk to fx who have joined here recently and would have by now followed this crazy advice and by now have possibly had a margin call.

Jakarta -- 09:50 GMT March 9, 2004 Reply   
Hi Raden,
This is what I was talking about yesterday but pimpraider did not agree.
U have been calling a long in GBP from 8530 then 8505 then 8480, then 8460 then now 8435
how could a newbie survive this trade??
But I must admit your 8587 short was a v. good call.
I don't know how u do it but it was good

Miami OMIL (/;-> 09:50 GMT March 9, 2004 Reply   
Sure enough BC but the eur/gbp will limit the fall of eur/usd IMHO.

SA getFX 09:50 GMT March 9, 2004 Reply   
Pivots today have given quite good hestitation levels:
gbp/usd
1.8695 R5
1.8621 R4
1.8594 R3
1.8567 R2
1.8530 R1
1.8493 P
1.8466 S1
1.8439 S2
1.8402 S3
1.8365 S4
1.8311 S5

Indonesia Solo raden_masandi 09:49 GMT March 9, 2004 Reply   
my friend co_z remind me at the same view.
he said price only have time for 15 minutes to stay here.
important level.

beijing road 09:48 GMT March 9, 2004 Reply   
Nottingham: agree with you.

Nottingham 09:47 GMT March 9, 2004 Reply   
Cable yet to take yesterday's low so not technically disasterous as yet...support at 8420 and 8375...gl gt

Indonesia Solo raden_masandi 09:46 GMT March 9, 2004 Reply   
selling climax recation from my number 1.8587 have finished at 1.8435.
ready?

shanghai bc 09:46 GMT March 9, 2004 Reply   

The Pound is diving into the cold Thames River today ..

Dallas GEP 09:46 GMT March 9, 2004 Reply   
Closed Pound shorts This time +22

IST Sez 09:46 GMT March 9, 2004 Reply   
Raden mas,
frd you dont have to prove something
easy!!!
be calm.

Ldn Cashman 09:45 GMT March 9, 2004 Reply   
melb.. he he rouge trader, commy b.stard

Indonesia Solo raden_masandi 09:44 GMT March 9, 2004 Reply   
IST Sez 09:37 GMT March 9, 2004
ya.
ok. have get 1.8435 like my view before.
no trend down sir. :-)
that's you chance to get best level

Phuket Waverider 09:44 GMT March 9, 2004 Reply   
Eastbourne PJ 09:41 GMT March 9, 2004

It has always been like that !

melb 09:43 GMT March 9, 2004 Reply   
Raden = Rouge trader. Don't place your funds with this boy.

sarasota jf 09:42 GMT March 9, 2004 Reply   
raden mas - today might be good day to hang up the charts and take a break

Eastbourne PJ 09:41 GMT March 9, 2004 Reply   
Thread beginning to remind me of a stock BB with excessive and unqualified RAMPING!!!!!

Dallas GEP 09:41 GMT March 9, 2004 Reply   
Eur/gbp longs are holding up eur/usd for time being Watch 1.2420 level on Euro

Dallas GEP 09:39 GMT March 9, 2004 Reply   
In again 1.8457 short pound WATCH euro (SHORT)

PAR 09:37 GMT March 9, 2004 Reply   
UK £ 5.6 billion deficit must be a new record ? Anyhow worse than expected but high interest rates will limit sterling fall.

IST Sez 09:37 GMT March 9, 2004 Reply   
Raden,
come on!!!!

Indonesia Solo raden_masandi 09:36 GMT March 9, 2004 Reply   
BUY MORE NOW !! GBP/USD
at 1.8460 (bid)

Indonesia Solo raden_masandi 09:34 GMT March 9, 2004 Reply   
gbp/usd is on the support.
be carefull !! maybe up strong from here.

Ldn 09:33 GMT March 9, 2004 Reply   
UK Jan Industrial Production +0.1% On Mo; +0.4% On Yr
UK Jan Adj Global Goods Trade Deficit GBP5.6B Vs GBP4.0B

IST Sez 09:33 GMT March 9, 2004 Reply   
UK Trade deficit:record 5,6 bln strl

Dallas GEP 09:32 GMT March 9, 2004 Reply   
+25 pips and out on GBP/USD short on BAD NEWS

Indonesia Solo raden_masandi 09:31 GMT March 9, 2004 Reply   
ok.
nice swing.
I think price will up from here 1.8480 area.
be carefull !!

IST Sez 09:31 GMT March 9, 2004 Reply   
UK DATA WORST

Nairobi, Kenya Jk 09:29 GMT March 9, 2004 Reply   
RH aio 09:23 Now at 9.30gmt

RH aio 09:23 GMT March 9, 2004 Reply   
when will it be issued PAR

PAR 09:12 GMT March 9, 2004 Reply   
UK industrial production and manufacturing output expected to show substantial recovery to 1% m/m and 2.2% y/y. After last years £ 46 billion trade deficit UK february global trade deficit expected around £3 billion.

Kaunas DP 09:09 GMT March 9, 2004 Reply   
Raden,
thank u for e-mail

Msc eqwis 09:03 GMT March 9, 2004 Reply   
Indonesia Solo raden_masandi 08:12 GMT March 9, 2004
Please explain 1.8587 GBP level.Thnks

Ldn 08:57 GMT March 9, 2004 Reply   
Kaunas DP Large

Ldn 08:56 GMT March 9, 2004 Reply   
Richard Cunningham CAM asset management see more Upside to the USD in the immediate future CNBC also

Kaunas DP 08:54 GMT March 9, 2004 Reply   
Ldn 08:53 GMT March 9, 2004

what lge stands for - TIA

saloniko 2004 nk 08:54 GMT March 9, 2004 Reply   
Good Morning ...

*For the next big money,watch Eur/Gbp 20 DMA and Gold 416 like a hawk for the ending of Dollar bounce and ensuing 1.000 pip rise in Eur/usd..God luck..*

[email protected][email protected]



Ldn 08:53 GMT March 9, 2004 Reply   

Option expiry today NY
EUR 1.2400(lge
AUD 0.7535(lge).

Indonesia Solo raden_masandi 08:51 GMT March 9, 2004 Reply   
I hope gbp/usd touch 1.8530 for placing buy order.

sarasota jf 08:43 GMT March 9, 2004 Reply   
german corp offers at 60 in eur - boj at 111.00 - jap funds at 10-15

MONACO OGA 08:41 GMT March 9, 2004 Reply   
FX UPDATE 09/03
Good morning,

***EUR***
EUR/USD (currently 1,2430), 70 pips higher than Monday's opening. The pair as expected consolidated most of the day inside a tight range (1,2340-1,2400) before feeling the pain of last friday's US job data again and hedging higher (NY closing 1,2400, overnight high 1,2458). Like yesterday, we believe that the market needs to clear 1,2450 to confirm the resuming of the upsides (next target 1,2540). For today we would like to play the range 1,2380-1,2450 (stops below 1,2360 and above 1,2475). Overall we are neutral on the medium term with a bullish bias.

Data out today:

UK Ind prod M/M Jan expected 0,5% 09.30 GMT
UK Trade balance Feb expected -4.2Bio GBP 09.30 GMT

Gold around 402,50 , with WTI April at 34,45.

***JPY***
USD/JPY (currently 111,25) retraced sharply from 112,20 once 112 broke (where BOJ bids were rumoured). Price actrion is in line again with USD weakening against the majors. Support for the day at 111,00 while resistance above of 111,70.
EUR/JPY (currently 138,30) was rejected at 139 is is consolidating ahead of 1,3750.

***GBP***
Cable (currently 1,8540) followed EUR/USD higher, printing a high of 1,8585 overnight. Support shoud be around 1,8500 today while resistance should appear ahead of 1,8600.
EURGBP (0,6710) rebounded on 0,6670 support yesterday but still looking heavy ahead of 0,6725. We are still favouring the downsides.
Have a nice day,

Olivier

chicago cal 08:40 GMT March 9, 2004 Reply   
euro is a buy on a break above 1.2470 for 1.2540 then 1.2700

gl, gt

Indonesia bahari2003 08:39 GMT March 9, 2004 Reply   
It is Snow again on 14.30 GMT tonight. Still strong dollar but the twin deficit will be difficult to convince investor from selling dollar IMO.

Melbourne Qindex 08:31 GMT March 9, 2004 Reply   
EUR/USD : Current Comment.  Register with [email protected] if you have no access to my page.

ICT ML 08:30 GMT March 9, 2004 Reply   
made an involuntary donation to the dealing desk lunch fund on gbp-jpy earlier...they spiked me out of a short ..

Market is AFU right now IMHO....acting like NY session whippiness....BBL

Dallas GEP 08:29 GMT March 9, 2004 Reply   
Hmmmmmm.....nice bounce now off that 1.2420. Let's see if it can be sustained of if it is trapped below 1.2430 resistance now.

Miami OMIL (/;-> 08:24 GMT March 9, 2004 Reply   
Interesting level we are in now for eur/usd. T/L in 1.2420, 20ma 1hr chart 1.2410 with support waiting in 1.2390-2400 and 1.2360-50 area and stochs turning bearish. The support in the 1.2360-50 area is the one the one to see if it can take it IMHO. GL GT

Dallas GEP 08:23 GMT March 9, 2004 Reply   
1.2420 level is failing

Indonesia bahari2003 08:17 GMT March 9, 2004 Reply   
in my view as long as 1.2330 hold, eurusd still going up.

hyderabad rakesh 08:16 GMT March 9, 2004 Reply   
RADEN... what is ur view on eur/usd and ru online on yahoo....rakesh

Indonesia bahari2003 08:16 GMT March 9, 2004 Reply   
in my view as long as 1.2330 hold, eurusd still going up.

Dallas GEP 08:13 GMT March 9, 2004 Reply   
I think the question now is whether Eur/USD can hold 1,2420 level. Stochs oversold BUT MACD is neutral so it is debatable. USD/CAD starting to show some minor strength and usd/chf is approaching key 1.2750 level (1.2740 resistance now). Pound also is near key level 1.8520. 1,2420 breaks then 1,2390 is in cards on Euro..

prauge viktor 08:12 GMT March 9, 2004 Reply   
Ldn 08:04 GMT March 9, 2004: thanks I will watch him..

Indonesia Solo raden_masandi 08:12 GMT March 9, 2004 Reply   
My View :
09 March 2004

GBP/USD when at 1.8560
Like I have write to GV yesterday that price will get 1.8587 have done. Now price is on the way selling attack..but seen minor emotion. Although price touch 1.8603 that’s mean still not yet for thinking that price will move up in trend., but if show you 1.8610 that’s mean price will up to get 1.8665 until 1.8685. Be Carefull with this area because seeling attack emotion maybe come from that area.
Ideal down target from 1.8587 is 1.8505 or 1.8435. In these level price give high probability move up again to get 1.8741 as the top area.

Eur/usd(1.2464)
Price give sign will get 1.2479 as minor target today but ideal target is at 1.2542 for today high. These levels give potential move down again with ideal target at 1.2385. From this level price maybe move up again to get longterm target is at 1.2889 as the top.
If show you 1.2485 that’s mean price will up to get 1.2542. Be carefull with 1.2542 because selling attack maybe come from there. If show you 1.2555 that’s mean price give you information for strong up trend to get 1.2889.

USD/CHF(1.2702)
Price is on the way to get minor target at 1.2631 and if show you 1.2625 that’s mean price will get 1.2590. These levels give potential for pullback. The numbers must be looked are 1.2520 ; 1.2452. especially 1.2452 please be looked out because very potential make swing up so far. Down move confirmation with strong emotion if show you 1.2552 that’s mean price will down to get 1.2278 as the bottom.

USD/JPY(111.22)
Price is on the way selling attack from high 112.30. If price show you 112.45 that’s mean price will up to get nearest target at 113.44. This level give you chance for move down so far, but if show you 113.60 that’s mean price still will up to get 114.99. This level is very potential as the top.
Confirmation to get 117.94 if show you 115.20.

AUD/USD(0.7637)
Price is on the way will get 0.7726. This level is very potential give you pullback reaction. If show you 0.7740 in the same hours that’s mean price will get 0.7825. This level is very potential get selling attack to get 0.7735 with oscilation movement from 0.7825. But if show you 0.7700 after oscilation movement that’s mean price will move up to get 0.7826 move from 0.7610. Be carefull if show you 0.7865 that’s eman price will move up strong to get 0.8000 as the extreme top.

Gold (402.00)
Price is on the way to get 404.00. Be carefull with this level because maybe get selling attack. If price really get 404.00 that’s mean get confirmation to get 413.00 or 415.80 as the top price. Be carefull with that extreme top.

Ldn 08:06 GMT March 9, 2004 Reply   
GER ad think we have to see Euro higher for aussie breach 7650 but its possible. Market very tricky at present.

Ldn 08:04 GMT March 9, 2004 Reply   
prauge viktor this guy is on Bloomberg weekend market Watch , his analysis is very good , he says the top on the Euro is in for the year and his headed lower this remark today is worth keeping an eye on as he is on the ball.

GER ad 08:04 GMT March 9, 2004 Reply   
AUD/USD supported at 0.7615 for the moment, we may see first 0.7665 (or higher) before lower IMHO.

Indonesia Solo raden_masandi 08:02 GMT March 9, 2004 Reply   
wow.. gbp/usd give nice selling emotion from my number 1.8587.

Melbourne Qindex 08:01 GMT March 9, 2004 Reply   
Melbourne Qindex 05:39 GMT March 9, 2004
EUR/USD : Speculative selling will increase if the market is trading below 1.2426.

prauge viktor 07:56 GMT March 9, 2004 Reply   
Ldn 07:42 GMT March 9, 2004 :ja I watch it too,its a very intersting point of view

Dallas GEP 07:54 GMT March 9, 2004 Reply   
Martin I have aussie shorts from both .7615 and from .7640.

Dallas GEP 07:53 GMT March 9, 2004 Reply   
USD/CAD is acting a little peculiar. Watch for possible flight up long. Market is a little twitchy all over.

Gold Coast martin 07:51 GMT March 9, 2004 Reply   
dallas...if you still have aussie shorts @7615 hold them for one hour into the ny session...llike me......g/l

Jakarta JacK 07:46 GMT March 9, 2004 Reply   
Shorted EUR at 1.2441 target 1.2400.

brisbane sunstate 07:43 GMT March 9, 2004 Reply   
aus lt xsignal 07:39
That's a better way to put it but a time- frame would help :-)
gl. gt

Ldn 07:42 GMT March 9, 2004 Reply   
Close long Aud out square, watching you Dallas here.

Just watching CNBC squawk box dont know if anyone els saw it, Tom Hougaard cityindex. he was saying that the Fed could want a higher Dollar due to the oil price affecting the economy also making Gold price come off considerably.

did anyone else here this , he says they are watching the situation very carefully as it could be something in it.
Dallas looks like I got the last 7640 on the Aud for now.

hyderabad rakesh 07:41 GMT March 9, 2004 Reply   
hi guys...
i am here after a long vacation....cud anybody tell me when to go long in euro? i am a new baby to forex...

Dallas GEP 07:41 GMT March 9, 2004 Reply   
Took Profits on Euro Short +23 PIPS This level tho may break

aus lt xsignal 07:39 GMT March 9, 2004 Reply   
the easiest trade this month is selling euro right now for 400 points.my trade posted yesterday has been deleted because i use the word guaranteed. anyways the trade was

sell euro at 1.2385 stop loss at 1.2477 for 1.1999

aus lt xsignal 07:37 GMT March 9, 2004 Reply   
SELL euro at market right now for easy money stops above for 1.190

tokyo nyan 07:33 GMT March 9, 2004 Reply   
Nassau QF 06:50 GMT

thank you!

Dallas GEP 07:28 GMT March 9, 2004 Reply   
More Aussie shorts were taken off a SELL order @ .7640

Kaunas DP 07:19 GMT March 9, 2004 Reply   
eur/usd
limit buy 1,2461; TP 1,2491; ST 1,2451

Dallas GEP 07:17 GMT March 9, 2004 Reply   
Just SOLD some euros @ 1.2455 stop @ 1.2467 for 1.2410 target

Kaunas DP 07:12 GMT March 9, 2004 Reply   
Dallas GEP 07:07 GMT
then lets buy these stops for +20-30 pips
:)

Dallas GEP 07:07 GMT March 9, 2004 Reply   
YES DP, we do have something rather large @ 1.2460 as I stated earlier. We will need MORE buyers if that level is to be broken.

Kaunas DP 07:00 GMT March 9, 2004 Reply   
do we really have eur/usd stops at 1,2460 - should be taken long time ago - LOL

Nassau QF 06:50 GMT March 9, 2004 Reply   
tokyo nyan 06:32 GMT March 9, 2004

The best information I could find was this:

On Friday, Japan said its reserves rose by $35.7 billion to
$776.9 billion. Japan's reserves have increased by $103.4
billion, or 15.4 percent, in the first two months of 2004. Its
reserves rose by $203.8 billion in all of 2003.


It doesn't say if that was for March alone though.
http://www.forbes.com/business/newswire/2004/03/08/rtr1289710.html

KL KL 06:49 GMT March 9, 2004 Reply   
HHello Raden...don't keep me in suspense....wait for what. Tell us where to start collecting...Yesterday nearly gave me heart attack as I saw you keep lowering your collect as GBP/USD kept getting lower. I think we wait for NY session to test low again near 1.8475 before rocket up?? Is it good to short with this slow down channel??

Ldn 06:42 GMT March 9, 2004 Reply   
The Australian dollar was stronger late Tuesday in Asia, buoyed by fresh inflows from offshore investment funds as the market focused back on the emerging prospect of a sustained period of U.S. dollar weakness, dealers said.
Offshore investors appeared keen to reestablish long positions in the Australian dollar during the session, dealers said. However, the trend remained cautious and to a degree speculative.

"The fundamentals have been reinforced again, and I think with that the real money players have started to come back and look to reinstate their positions," one senior trader at a U.S. investment bank said.
The catalyst for the renewed bullishness in the market was the release Friday of weak U.S. employment data, a dealer said.

The sense that the Federal Reserve has a wait on its hands before U.S. fundamentals will demand a tightening in interest rates is starting to filter through the market, another trader said A survey by ANZ Bank showing a strong 6.4% rise in employment advertising in February from January was largely ignored. Despite being the largest rise in nine months, dealers said U.S. data are calling the tune for the market at the moment.
reuters

prague jv 06:34 GMT March 9, 2004 Reply   
It seems to me , that usd has gone to dangerous levels , but it was good to me in the past couple of sessions and I dont want this baby let go just yet . Buying usd/cad and usd/jpy . :>) gl

tokyo nyan 06:32 GMT March 9, 2004 Reply   
Hello! does Anybody have a feeling of how much BoJ intervention so far this month? I know they were said to have bought $10-20bln on Fri alone.... thank you!

Miami OMIL (/;-> 06:29 GMT March 9, 2004 Reply   
I don’t have an intraday positions Road only have a mid term position on eur/usd short looking to test the 1.1975-70 area IMHO.

Indonesia Solo raden_masandi 06:27 GMT March 9, 2004 Reply   
yes. gbp/usd have nice done at 1.8587.:-)
now ..wait..

Melbourne Qindex 06:23 GMT March 9, 2004 Reply   
Melbourne Qindex 01:54 GMT March 9, 2004
EUR/JPY : My daily cycle charts suggest that if the market fails to overcome the projected resistant level at 138.51 - 138.58, it will retreat and test the supporting strength of 137.89. EUR/JPY will head for 136.97 if 137.89 fails to hold.


... 136.05 ... 136.66 // 136.97 ... (137.89) - 138.19 - 138.50 - 138.80 // 139.11 ...

beijing road 06:23 GMT March 9, 2004 Reply   
Qindex: i got it. Thanks.

beijing road 06:22 GMT March 9, 2004 Reply   
Miami OMIL : have any position now?

Melbourne Qindex 06:21 GMT March 9, 2004 Reply   
beijing road 06:19 GMT - EUR/USD : As shown in the distribution profile of my daily cycle probability chart high values are associated with the range of 1.2241 - 1.2261.

beijing road 06:19 GMT March 9, 2004 Reply   
Melbourne Qindex: you mean 1.2255 or 1.2555? thanks.

Ldn 06:09 GMT March 9, 2004 Reply   
The EUR/USD received a discernable boost late in the U.S.
session after the 'official' bid in the USD/JPY at 112.00 was pulled and overall
USD selling accelerated throughout the Asian session. The lack of follow though
higher yesterday on the EUR/USD after the weak U.S.
Traders saw a number of EUR/USD buying flows from a number of
sources including model, real money and leveraged funds. The next level of
resistance comes in around 1.2495, which is the 50% of the 1.2930/1.2060 move. Sentiment towards the EUR/USD has turned bullish. The hawkish tone of Trichet
last Thursday and the fading expectations of a Fed rate hike have helped to
shift the market's focus away from potential U.S. tightening towards the U.S.

Mfld JM 06:06 GMT March 9, 2004 Reply   
WTH !!!

Melbourne Qindex 06:00 GMT March 9, 2004 Reply   
EUR/USD : With a little bit of luck we may see 1.2255 in New York session.

lLdn 05:59 GMT March 9, 2004 Reply   
EUR/USD Stops Tipped Above 1.2460 Now, Large Above 1.2500

KL KL 05:47 GMT March 9, 2004 Reply   
Just an interesting note. Almost all daily against USD looks like head and shoulder formation....of you can make your own inference Many talked about it and its bearishness. Frankly I do not care!! Looks like a "LONG" day eh!!

Aden PK 04:54 GMT March 9, 2004 Reply   
Hi freinds good morning, Currently I am short AUS/USD from .6634 with stop at ,6667, looking to go long in cable on first retracement near 1.8525-30 stop 1.8485 first target 1.86 may be 1.8635 channel top where I will take reverse position.Euro/Dlr I will consider to take short near 1.2490 stop 1.2520 but still not sure at the moment.

London 04:51 GMT March 9, 2004 Reply   
Australian Dollar Rises; Jobs Report May Help Prompt Rate Rise
March 9 (Bloomberg) -- The Australian dollar rose for a second day on speculation a report Thursday will show the nation is creating jobs at a faster pace.

The economy probably added 20,000 positions in February, according to the median estimate of 23 economists surveyed by Bloomberg News, up from 13,900 in January. Faster job creation may help prompt the Reserve Bank of Australia to raise its overnight interest rate, following increases in November and December, dimming the attraction of fixed-income return ``We expect another healthy employment report, and that will provide some support for the Australian dollar this week,'' said John Horner, a market strategist at SG Australia Ltd., in Sydney. A report from Australia & New Zealand Banking Group Ltd. today showed the number of jobs advertised in major Australian newspapers rose to a 16-month high in Februay.
Gains in the Australian currency against the U.S. dollar mirrored those of the euro, Horner said.
In the past year the Australian dollar and euro had a correlation of 0.95. A reading of 1 means the two move in lock step. Consumer spending helped drive the growth in Australia's jobs market, marking the first time in 3 1/2 years employment has gained for six months. The economy grew at its fastest pace in four years in the fourth quarter.
Twelve of 17 economists surveyed by Bloomberg News expect the central bank to increase its rate target to 5.5 percent by June.




shanghai bc 04:49 GMT March 9, 2004 Reply   

OMIL -- Good afternoon..Good trades..

AS-- Good afternoon..Expecting .78-.74 range this month along with 1.26-.1.21 in Eur/usd..Good trades..

TOKYO HEY 04:37 GMT March 9, 2004 Reply   
HI>Forum

Muuuuuuu............

EURUSD
http://hey1410.hp.infoseek.co.jp/cgi-bin/forex/icon/20040308145812.gif

http://hey1410.hp.infoseek.co.jp/cgi-bin/forex/icon/20040309132943.gif

Perth AS 04:24 GMT March 9, 2004 Reply   
shanghai BC good afternoon, on the australian dollar what ranges would you see till the end of this month (March), thankyou also for you postings on GV very helpful to us all.

Miami OMIL (/;-> 04:17 GMT March 9, 2004 Reply   
BC thanks for the daily updates on eur/usd I have a fib fan crossing around 1.2460-70 area that has not been penetrated and the emotional 1.2490-2400 resistance and fib retracement line that also has to be taken out. For the eur/usd bulls the daily’s are bullish at the time but with little participation from the bulls as of yet. I still see this as a well needed bounce from the $ correction that is still taking effect. Until the 1.2550-2600 area is taken the $ correction is still in effect. I still can’t see any clear position for intraday to take at the moment for eur/usd. Fib retracement for Fridays move has changed to these numbers 1.2330-35, 1.2290-95 and 1.2255-60. Support right now is at 1.2395-2400 and 1.2340-45 area IMHO. GL GT

hk ab 0.66 03:55 GMT March 9, 2004 Reply   
IS it really this difficult to get 111.11 long???

if it can't be achieved by Tokyo close, will remove and don't want to do anything else at the moment.

Ldn Viewer 03:45 GMT March 9, 2004 Reply   
nyc sa 03:17 - Appreciate response ...

But have to agree with post what BOJ wants it gets ...

Thier average must now be around 111.00 area and thier Book will be perfect at 115.00 and battle won and they will get ready to fight another day ... IMVHO

hk ab 0.66 03:44 GMT March 9, 2004 Reply   
bc// I would like to plan some long chf then.

dlr/jpy 111.11 is such a big lucky number...

camas rpw 03:42 GMT March 9, 2004 Reply   
usd/jpy long @111.15. BOJ needs 115, and what BOJ wants BOJ gets. as soon as enough specs have gone short, they will be back, comments?

Perth AS 03:40 GMT March 9, 2004 Reply   
Dallas GEP target for Euro is 1.2510 and aud actual target 7660 but can overshoot but this is later today and tomorrow a period of strength , it should be the last run for the Aud higher... please dont hold me to this just giving you my info that I am working on for your help as you are trading aud and not easy to follow most of the time.

shanghai bc 03:39 GMT March 9, 2004 Reply   

Eur/Usd 1.2450-1.2500 may be a pull-back towards the broken neckline in dailies before another downmove even if market is ready for upmove later..Still no sign of long-term Euro bulls sticking their thick necks out..All still within expected ranges for each camp..fwiw..

Dallas GEP 03:34 GMT March 9, 2004 Reply   
AS. I still have my doubts as to whether Euro will break 1.2460.

Saihat 03:32 GMT March 9, 2004 Reply   
for demo
may block at these points
eur 1.2495
gbp 1.8650
chf 1.2630
eurgbp .6750-70
jpy 110.55

KL KL 03:20 GMT March 9, 2004 Reply   
Anybody short gbp/usd now?? What retracement from here 1.857

nyc sa 03:17 GMT March 9, 2004 Reply   
Ldn viewer , take a look at the one month chart on $/yen u'll see a gap in the area around 106.90 -108.30 ,and as a contrarian I see that the more people yell 115 the lesser the chance to get there before retracing or filling the gaps . Also ,I believe Japan GDP will be out wednesday , lif it is good it will push the dollar down against the yen . Actually this is a gut feeling , I may be wrong ,but it's something to consider .

Perth AS 03:17 GMT March 9, 2004 Reply   
Martin is right you have to have patience with Aud its like an old Lady.

Perth AS 03:15 GMT March 9, 2004 Reply   
Dallas GEP
if Euro goes to 125.10 aus will follow to around 76.96 but retreat next week along with the Euro which should head for 1.20 .. JIMHO

Gold Coast martin 03:15 GMT March 9, 2004 Reply   
dallas....i am short at 7615 as well...just have to be patient

Dallas GEP 03:11 GMT March 9, 2004 Reply   
Well screw that AS, I will be out @ .7660 if seen.

Perth AS 03:06 GMT March 9, 2004 Reply   
Dallas GEP
Aus may travel higher for the remainder of this week and earlynext but then should retreat - just be prepared
cheers

Dallas GEP 03:06 GMT March 9, 2004 Reply   
EJ, my original thought of shorting it from .7630 obviously was BETTER!!!! LOL

Dallas GEP 03:05 GMT March 9, 2004 Reply   
Nothing right now. Still holding it short from .7615

la ej 03:02 GMT March 9, 2004 Reply   
Gep, what you doing bout your aussie trade

hong kong nt 03:02 GMT March 9, 2004 Reply   
ab -- monitoring the 50% retracement line on major, 1.25 euro, 1.865 gbp, etc...

Ldn Viewer 02:53 GMT March 9, 2004 Reply   
nyc sa 02:43 GMT - May I ask why you see it back there , many others here and other sources , keep saying 115.00 may be seen with BOJ stance ... TIA

Perth AS 02:51 GMT March 9, 2004 Reply   
DAta out of Aus was good today bodes well for the employment data tomorrow - USD may be weak into the end of this week--ANZ job ads up 6.4% in February, strongest monthly rise in 9 months and pointing to strong jobs growth and likely pressure on unemployment rate to fall below 5.5%. In annual terms, job ads at highest level since October 2002. Data consistent with strong 4Q GDP data and further evidence labor market conditions likely to remain tight; supports view further rate tightening

Gen dk 02:51 GMT March 9, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Dallas GEP 02:46 GMT March 9, 2004 Reply   
I am not sure I would long here guys on Euro unless you wanted a chance @ 7-10 PIPS max. There is definitely something there around 1.2457

Ldn 02:44 GMT March 9, 2004 Reply   
TECHNICAL ANALYSIS: EUR/USD, at 1.2442, has this morning confirmed clean break above downtrend line from February (at 1.2420); this is short-term bullish, meaning market will test 1.2495 resistance (50% retracement of drop from February peak) in next day or two and if that breaks, head for 61.8% retracement at 1.2597. Immediate, minor underlying support around 1.2400, minor horizontal trendline support at 1.2350. But there's still no strong sign EUR/USD has bottomed for medium term, or reason to think it will regain February peak of 1.2929 in coming weeks
reuters

Dallas GEP 02:44 GMT March 9, 2004 Reply   
OUT @ +5 PIPS on Euro Short

nyc sa 02:43 GMT March 9, 2004 Reply   
Hi Raden , what's the next move for $/ yen ? I see it back to 108 . Also where do u see GBD / USD moving ? do u have a range ? thnx

Ldn 02:43 GMT March 9, 2004 Reply   
MARKET TALK: EUR/USD S/T Charts Target At Least 1.2495

la ej 02:42 GMT March 9, 2004 Reply   
that was a pretty sweet trade GEP, although u sure pulled it kinda close...whew

la ej 02:42 GMT March 9, 2004 Reply   
anyone wanna go long euro's from here?

Dallas GEP 02:41 GMT March 9, 2004 Reply   
NOW or wait for break down Your choice.

Montreal Dakard Cain 02:39 GMT March 9, 2004 Reply   
GEP, what would be your suggestion on the liquidate position of eur/usd (short)?

Thx.

hk ab 0.66 02:38 GMT March 9, 2004 Reply   
close all eur shorts above 1.25.
keep the chf running.
just waiting for the maturing of nzd options on 15th.

Indonesia Solo raden_masandi 02:38 GMT March 9, 2004 Reply   
minor cyclic for gbp/usd is on the support now when at 1.8565
maybe up?

Indonesia Solo raden_masandi 02:35 GMT March 9, 2004 Reply   
eur/usd still have chance get 1.2476.
b carefull with that number, maybe move down from there.
I think go there from 1.2435.
also gbp/usd when at area 1.8587-8601

Dallas GEP 02:31 GMT March 9, 2004 Reply   
EJ, we might see 1.2430 first though. USD/CAD is longing (leading indicator)

Quito Ecuador Valdez 02:30 GMT March 9, 2004 Reply   
uh...check GVI forum, 2nd entry

Caribbean! Rafe... 02:28 GMT March 9, 2004 Reply   
I'm off.

la ej 02:27 GMT March 9, 2004 Reply   
Gep on my 4hr 40day, according to the trend lines the downside has broken out and we may be looking to get back to the 2540 level

Caribbean! Rafe... 02:27 GMT March 9, 2004 Reply   
1) 1.2056 (recent bottom)

2) 1.2256

3) 1.2479

4) 1.2703

5) 1.2930 (recent top)

Find the midpoint between each level to derive the required targets. watch to see what happens around 1.2479.

GL

Ldn 02:25 GMT March 9, 2004 Reply   
forthcoming AUD uridashi bond spurs AUD/USD buying, says FX dealer

Quito Ecuador Valdez 02:25 GMT March 9, 2004 Reply   
anyone gotta handle on the volume being traded right now re: eur-usd?

Montreal Dakard Cain 02:25 GMT March 9, 2004 Reply   
Theme song from "Sister ACT I"

I'll follow u...

Slide the stop up to 63. All of signals show the eur is going to retrace in short term. Just wondering when and whether it will hit the stop before it reverses the direction. Ne way. I keep my faith...

Quito Ecuador Valdez 02:24 GMT March 9, 2004 Reply   
I love this stuff.

Tampa RMS 02:22 GMT March 9, 2004 Reply   
1.2452 Euro now, long at 1.2373 from Friday. GT
Thanks for all the input guys. Haven't been around here for a couple of years. Things could get harry here in a bit. GL

Dallas GEP 02:21 GMT March 9, 2004 Reply   
1,2463 stop. There is SOMETHING here guys. may or may not break

Quito Ecuador Valdez 02:21 GMT March 9, 2004 Reply   
looks like a mini breakout or the real thing...1.2453 Eur-usd

Quito Ecuador Valdez 02:19 GMT March 9, 2004 Reply   
that's the same chart that Jay uses basically.

Quito Ecuador Valdez 02:18 GMT March 9, 2004 Reply   
GEP, yes on http://quote.fxtrek.com/misc/censored.asp

Dallas GEP 02:17 GMT March 9, 2004 Reply   
EJ, it will be VERY VERY close!!!!

Quito Ecuador Valdez 02:16 GMT March 9, 2004 Reply   
Right about here as you'll remember is when we had the infamous 3/3/2004...boy if a CB attacks now...anyone have a hard hat?

Dallas GEP 02:16 GMT March 9, 2004 Reply   
grabbed some more USD/JPY long @ 111.15

Indonesia Solo raden_masandi 02:16 GMT March 9, 2004 Reply   
seen gbp/usd will entry at area 1.8587-8601.
maybe price can move pullback from there.

la ej 02:15 GMT March 9, 2004 Reply   
your trade actually might go through Gep!

Tampa RMS 02:14 GMT March 9, 2004 Reply   
Dallas

Yes, exactly 1.2450 and 111.08 yen

Indonesia Solo raden_masandi 02:13 GMT March 9, 2004 Reply   
ldn.
aud/usd done exactly. :-)

Dallas GEP 02:12 GMT March 9, 2004 Reply   
Anyone see 1.2450 print on Eur???

Quito Ecuador Valdez 02:12 GMT March 9, 2004 Reply   
Beijing, I wish I could buy Yuan now.

Miami OMIL (/;-> 02:11 GMT March 9, 2004 Reply   
FWIW eur/usd has potential resistance now at 1.2460-70, 1.2490-2500 (200ma 4hr chart) IMHO.

Quito Ecuador Valdez 02:10 GMT March 9, 2004 Reply   
1.2450. Back to normal.

Montreal Dakard Cain 02:10 GMT March 9, 2004 Reply   
hee, you have to have some faith.

Slide the stop as 2459 on eur. GEP's view is always cool.

Dallas GEP 02:09 GMT March 9, 2004 Reply   
WATCH usd/jpy level. If MOF defends 111.00 then USD will spurt of course.

Eastbourne PJ 02:09 GMT March 9, 2004 Reply   
SG Jay 02:00 GMT March 9, 2004

Now is probably a good time, to go either short or long! 50/50 chance of success. Good luck!

beijing road 02:09 GMT March 9, 2004 Reply   
Valdez: Everybody need luck.

Quito Ecuador Valdez 02:07 GMT March 9, 2004 Reply   
Thanks Beijing Road! :) I'll need luck in this crazy market.

beijing road 02:05 GMT March 9, 2004 Reply   
Valdez: I agree with your view on EUR. The target is 1.30-35 even 1.40. Good luck!

Dallas GEP 02:04 GMT March 9, 2004 Reply   
Still in but moved stop to 1.2459 on Eur/USd short

Melbourne Qindex 02:04 GMT March 9, 2004 Reply   
EUR/USD : Current Comment.  Register with [email protected] if you have no access to my page.

KL KL 02:03 GMT March 9, 2004 Reply   
What is a good level to short GBP....now??1.858

Quito Ecuador Valdez 02:03 GMT March 9, 2004 Reply   
are we on a mini eur breakout?

SG Jay 02:00 GMT March 9, 2004 Reply   
What is A good level to enter GBP/usd (either long or short)

beijing road 01:58 GMT March 9, 2004 Reply   
I am following the "endless trend" theory again. Raise stop to 1.2320 longed at 1.2198.

Ldn Viewer 01:57 GMT March 9, 2004 Reply   
Good Day all

Whats with the drop in USDJPY laste NY ? Are we still to see
115.00 ? BOJ still around ? TIA

Montreal Dakard Cain 01:56 GMT March 9, 2004 Reply   
yea GEP. a stop is set there and wait to be triggered.... :)

Thx

Time for OC. cya guys

Rye, NY et 01:56 GMT March 9, 2004 Reply   
Short EUR/USD 1.2380;cut 1.2445;take 1.2250//stopped

Dallas GEP 01:56 GMT March 9, 2004 Reply   
EJ, how can a possie with that tight a stop be a BIG mistake????

Montreal Dakard Cain 01:55 GMT March 9, 2004 Reply   
[ANZ JOB ADS] rose 6.4% mom or up 4.9% in February, much better compared to 2.3% mom and -0.2% yoy in January. This suggests that jobs would likely rise 20-25k a month in the coming months and the jobless rate may dip below the current 5.7% in Feb. Separately, NAB business survey showed that business confidence fell 10 pts to 8.2 pts in Feb while business conditions rose 10 pts to 13 pts (partly recovering the 15 pt drop in Jan). The employment index rose 5 pts to 10 pts. NAB still expects a rate hike in April or May.

Dallas GEP 01:55 GMT March 9, 2004 Reply   
OK Cain, but it is risky as I said. USE A STOP!!!!

Eastbourne PJ 01:55 GMT March 9, 2004 Reply   
censored I wish I hadn't been so impulsive and waited a minute!

Melbourne Qindex 01:54 GMT March 9, 2004 Reply   
EUR/JPY : Current Comment.  Register with [email protected] if you have no access to my page.

la ej 01:54 GMT March 9, 2004 Reply   
big mistake fellas

Dallas GEP 01:52 GMT March 9, 2004 Reply   
Suppose to be 1.2450 option protection but maybe BS, We will see in a HURRY!!!

Montreal Dakard Cain 01:52 GMT March 9, 2004 Reply   
GEP, i'm following u. :)

GL to both of us.

Caribbean! Rafe... 01:52 GMT March 9, 2004 Reply   
My fingers itch! hit the pingu!!!!!!


EUR/USD UPPER BANDS 1.2421 1.2436 1.2454 1.2469 1.2483 1.2501 1.2531
LOWER BANDS 1.2392 1.2377 1.2359 1.2344 1.2330 1.2312 1.2282

Dallas GEP 01:49 GMT March 9, 2004 Reply   
Tell you what guys, I will try a short here 1.2443 on Euro with 1.2457 stop and see where it goes. WARNING!!! 50/50 shot at BEST!!!

Indonesia Solo raden_masandi 01:44 GMT March 9, 2004 Reply   
ldn.
0.7642 as i said several days ago,
if show you 0.7650 bid, maybe you can hope 0.7698 as the top. must be carefull when touch 0.7642

Montreal Dakard Cain 01:43 GMT March 9, 2004 Reply   
Indonesia Solo,

What's your view on eur/usd, usd/chf now? My sig are warning me to out, but 16pips on each side really hurt...

Thx

Eastbourne PJ 01:42 GMT March 9, 2004 Reply   
Taken usd/eur short 1.2434.

Quito Ecuador Valdez 01:42 GMT March 9, 2004 Reply   
GEP & others// Hi amigos.

Are you in agreement with EUR/USD going past 1.30+ to the tune of 1.35, or even more as some soothsayers predict, 1.40? What do you think the market will tolerate given that CBs will then come into play (as they did a few days ago)?

A few days ago before the 2000 pipperoo morning came up you advised me (along with others) NOT to buy Euros. The unforseen happened and job news made us all look funny. I didn't buy Euros but sorry I didn't, like any of us. Just wanted you to know that I respect the calculation and precision you guys operate with, am learning a lot actually, albeit at times we're out of "luck" when we do things, especially in an unforseen arena like this one. I'm a firm believer that it's ultimately my finger on the mouse and that any advice I take is just that...from friends helping the best they can. Crystal balls be damned.

I went ahead and longed Euros for now making me 100% invested in EUR right now, waiting for the 1.30 to come. I can't short, I can only long the hard way.

Dallas GEP 01:42 GMT March 9, 2004 Reply   
That Euro spurt 15 minutes ago seemed stange. Looked like a good size buy order from a single player??? Let's see if there is some follow up. I would hate to have been stopped out on a false break!!! LOL

Ldn 01:38 GMT March 9, 2004 Reply   
Indonesia Solo raden_masandi
what level are you looking at for the AUD
would you see 7660 today ? and if so what pull back first

Montreal Dakard Cain 01:37 GMT March 9, 2004 Reply   
Gen, should I out the eur/usd right now (short)? seemed the 2430 has been broke and the upside starts.

Thx

GL>

Indonesia Solo raden_masandi 01:36 GMT March 9, 2004 Reply   
seen price move up step by step with full confidence.

Indonesia Solo raden_masandi 01:33 GMT March 9, 2004 Reply   
hope my scenario usd/chf and eur/usd and gbp/usd will be finished in Asia session. If like that maybe there is new phase in Europe session.

Dallas GEP 01:26 GMT March 9, 2004 Reply   
USD.CAD longs still in play. Eur/USD shorts are OUT. Aussie short still in of course (pipped back close to entry)

Melbourne Qindex 01:26 GMT March 9, 2004 Reply   
EUR/JPY : Current Comment.  Register with [email protected] if you have no access to my page.

Dallas GEP 01:22 GMT March 9, 2004 Reply   
Yeah Martin, can't really control the job number being so bad and throwing everything out of whack. Got a spurt now tho. Out @ 1,2431 on Eur shorts

dc fxq 01:21 GMT March 9, 2004 Reply   
nyc jk 00:32 GM

Jay says not but the line is similar, probably a ifferent ISP is my thought. Also the miss on Chucky is indicative as well.

la ej 01:20 GMT March 9, 2004 Reply   
i think your right about the euro breaking to the upside

shanghai bc 01:17 GMT March 9, 2004 Reply   

AB 07:53 -- Good morning..Commodity related currencies largely fluctuate with Euro too with much larger magnitude largely due to their lack of liquidity and hot persuit by wealthy retail and institutional investors..Trading commodity currencies needs a lot of understanding of their liquidity issue if one is multi-yard trader,if not,he will always be like a stranded whale on sand beach most of the time even stung by a small jelly fish..Their Cbs have reserve operations too but hardly enough to persuade international specs..Their best weapon must be interest rates though..

For the next big money,watch Eur/Gbp 20 DMA and Gold 416 like a hawk for the ending of Dollar bounce and ensuing 1.000 pip rise in Eur/usd..God luck..

NYC TS 01:15 GMT March 9, 2004 Reply   
I actually think 1.2430 is a breakout level for the EUR USD for the upside. The 4 hour coincides well with the dailies.

Gold Coast martin 01:14 GMT March 9, 2004 Reply   
DALLAS...good to see you still have faith in aussie....g/l g/t

Dallas GEP 01:09 GMT March 9, 2004 Reply   
In Aussie short @ .7615. Better results this time I hope!!! LOL

la ej 01:08 GMT March 9, 2004 Reply   
we are @ 2430 w/ the euro, anyone wanna go short?

HK [email protected] 01:07 GMT March 9, 2004 Reply   
What bothers the last few days indeed, is that too much US election-politiking has entered the financial markets.
Mean to say that too much discrepancy appears between the economic reality to some figures and what analysts and Mr. G try to portray. I believe that in the common minds of the investors it may lead to a trust-crisis about all what concerns with U.S investments and the $$$ too.
This is only an.... educated guess, but do not be surprised if the Dollar may come down too soon too fast. The bombastic debt is not a problem, but when there is a trust erosion I will take that factor seriously.

Tokyo Jon 00:59 GMT March 9, 2004 Reply   
goodnight all, keep usdjpy bullish till start of euro session

nyc jk 00:49 GMT March 9, 2004 Reply   
I hope not GD.

Wien GD 00:45 GMT March 9, 2004 Reply   
nyc jk - I'm not Chuck ... but I agree with KR: it will happen within the next year ... I'm thinking about that increasing volatility ... and the debt and the bankrupties .... and the lies ... things are getting out of control.
But now: good night to all!

RTM RB 00:37 GMT March 9, 2004 Reply   
Wien GD: No silver, thank you..."the mini accounts of metals" describe silver best from my point of view.
Even IBM is beetr than silver for me.

:)

good luck & good trading

nyc jk 00:32 GMT March 9, 2004 Reply   
oh no! I saw the Richebächer references, the impending financial meltdown to oblivion scenario in the USD, a little conspiracy theory thrown in there as well and I am having a bad flashback....it's like Chucky, he just keeps coming back! HS, Dollarbasher, and now the latest reincarnation.......

dc fxq 00:29 GMT March 9, 2004 Reply   
seems so to me!

Dallas GEP 00:28 GMT March 9, 2004 Reply   
Looks like someone picked up a thirst for USD/CAD!!! LOL

Tokyo Jon 00:26 GMT March 9, 2004 Reply   
after taking my entry at 205.60, the gbpjpy is moving up nicely, first target is 206.80 then 207.40
not expecting more than this from todays move however

Wien GD 00:25 GMT March 9, 2004 Reply   
RTM RB: if you have some funds left ... silver assets (bullion, shares, coins) are performing very well now.
gl, gt

nyc jk 00:25 GMT March 9, 2004 Reply   
fxq - it's not who I think it is , is it?

Ldn 00:25 GMT March 9, 2004 Reply   
Japan MOF's Tanigaki says forex market still correcting from post-Dubai G7 speculation, MOF intervention not aimed at specific forex levels; suggests MOF ready to act to curb JPY rise regardless of USD/JPY level

dc fxq 00:24 GMT March 9, 2004 Reply   
my, my, my .... look who's back again, and again and again

Wien GD 00:21 GMT March 9, 2004 Reply   
Ldn 23:43 - my forex funds are below 10% of my assets. I sleep well! And hope it won't come that bad.

Dallas GEP 00:19 GMT March 9, 2004 Reply   
Yes KL, I am already Short Eur/USd but from lower level. i will short AUSSIE from .7615

KL KL 00:17 GMT March 9, 2004 Reply   
Dallas GEP 00:02 GMT

Are you planning to short EUR/USD? Look rather obvious now.
As for AUD/USD...this is one that burnt me many time shorting it....so I play the long side. Occasionally the RBA intervene to either long or short....looking at price action over the last few weeks looks like they were at it again. Farmers/miners are whinging bacause of high Aussie, consumer love it, Govt want low interest in election year. In short this is a hard game in AUD...prefer the EUR (where 12 nations are at stake and move like dinosaur) JPY - obvious of the MOF power and GBP - rather consistent with sentiments....your view!!

Wien GD 00:16 GMT March 9, 2004 Reply   
Sorry Geneva DC - don't know "Lyndon LaRouche". But I follow a lot of resources ... Kurt Richebächer, Richard Russel, Stephen Roach, .... - they all tell the same.
AND: you can smell it ... to much stinkin lies out there, to much debt out there. That can't go for ever ... it's only a matter of time ... and initialising event.

Off to bed now ... gl and gt to all of you!

PS: Amazing EUR, GBP and ? ... JPY ... going up.
Also long that ugly one from 111,16 ... after MOF caught me above 112.

Singapore Pilot 00:14 GMT March 9, 2004 Reply   
usome sellers at 111.35 40 now....shud stay below 111.50 to keep trading range in far east as 111.00 111.50... prefer downside bias today first but reckon 110.30 will be great levels to get long again...

Dallas GEP 00:06 GMT March 9, 2004 Reply   
USd/JPY being gently bid up HERE

Dallas GEP 00:02 GMT March 9, 2004 Reply   
Raden I show Eur/USD to be peaking out around 1.2425/30 area.Stochs are maxed out here or close.

 




Actionable trading levels delivered LIVE to YOUR charts

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

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


Global-View Affiliate Program

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

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

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

Contact us

Start trading with forex broker Markets Cube




pic

Retail Forex Brokerage Changing!

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

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

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

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

SEE Our Best Brokers List

Currency Trading Tools

  • Live rates, currency news, fx charts. 

  • Research reports and currency forecasts.

  • Foreign Exchange database and history.

  • Weekly economic calendar.

Directory of  Forex trading tools

 
Terms of Use    Disclaimer    Privacy Policy    Contact    Site Map


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

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

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

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

Forex Analysis
Forex Forecasts
Interest Rate Forecasts
Central Bank Forecasts

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

Forex Forum

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

Forex News

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

Currency Trading

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

Forex Brokers

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

Forex Trading

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

FX Trading

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

Forex Blog

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

 

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

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

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

?>