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Forex Forum Archive for 03/10/2004

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Ldn 23:57 GMT March 10, 2004 Reply   
NZ's Green Party To Vote For Govt FX Intervention Policy

Dallas GEP 23:56 GMT March 10, 2004 Reply   
KL, I was giving it a chance to break .7450 which it didn't at this time.

Mumbai jay 23:56 GMT March 10, 2004 Reply   
Dr.Q. Great calls on GBPJPY yesterday...Do you see more downside there today? TIA.

Melbourne Qindex 23:52 GMT March 10, 2004 Reply   
ICT ML 20:50 GMT - Thank you for your kind words. GBP/JPY : There is more action today.

Porto PJT 23:12 GMT March 10, 2004 Reply   
KL KL 23:10 , problably the same reason who let he do 130 pips instead of 20.imo.

KL KL 23:10 GMT March 10, 2004 Reply   
GEP any reasons why you did not take profit for AUSSIE shorts at .745? Were you hoping for it to go lower?? YOur view on GBP...last test of the low tonight??...1.78xx or that depends on what the TA says??

Calabash TarHeel 23:03 GMT March 10, 2004 Reply   
GEP

Thanks Again

Dallas GEP 23:01 GMT March 10, 2004 Reply   
Thanks PJT. Asia in soon, wonder what they will bring???? Aussies apparently longed the Aussie a little since they have been in.

Dallas GEP 22:59 GMT March 10, 2004 Reply   
Tarheel, .7520 possibly .7540

Calabash TarHeel 22:51 GMT March 10, 2004 Reply   
Dallas GEP

Where would you recommend reloading at?

TIA
GL
GT

Porto PJT 22:46 GMT March 10, 2004 Reply   
nice trade gep

Dallas GEP 22:42 GMT March 10, 2004 Reply   
Out on Aussie shorts @ .7485 from .7615 for +130 pips MAYbe some Aussie buying tonight.....will reload if that is case.

Dallas GEP 22:38 GMT March 10, 2004 Reply   
Yeah that's true EJ but they will bail out on their bids along the way to let their exporters settle out their accounts. They have done this a couple of times already. It's all a matter of timing as usual.

Matter MAY be too thn right now to pass judgement but EURO at this 1.2210 level and pound at 1.8010 level seem prett firm for now. Time will tell of course.

hk ab eur/gbp 0.68 22:34 GMT March 10, 2004 Reply   
eur/gbp might have one go to the lower bottom of .67

la ej 22:33 GMT March 10, 2004 Reply   
hey Gep, a good friend said that japanese corps want the yen to hit at least $115.00 b/c that's their break even point for the fiscal year. (Fiscal year ends end of this month)

hk ab eur/gbp 0.66 22:28 GMT March 10, 2004 Reply   
syd are you willing to change your bullish bias on aud?


I think RBNZ has given the mkt a new wild card which the bulls MUST have to reconsider when they push the mkt.

Dallas GEP 22:27 GMT March 10, 2004 Reply   
Could try a usd/JPY SHORT with stop @ 111.17

Gold Coast martin 22:25 GMT March 10, 2004 Reply   
Now that aud has breached the 7450 level, the 7350 level is next to be breached by end of ny session friday....will keep you posted....

Ldn 22:24 GMT March 10, 2004 Reply   
Inaction of the RBNZ on rates is a clear signal to investors on the RBA in that although the bank has tightening bias it may not feel compelled to act, say NAB strategists. As such buying AUD right now on basis of an expected rate hike in April isn't an appropriate trade
reuters.

hk ab eur/gbp 0.66 22:22 GMT March 10, 2004 Reply   
phew, gd morning......

now aud/nzd 1.12 becomes history..... and my thought is we will see a test of previous high pretty quick.... 1.16........


someone did the dirty thing again at the thinest moment.....

eur/chf is so naughty though, and eurgbp is going to the right way.

Note: dlr/cad makes dlrbulls worried....

GVI john 22:13 GMT March 10, 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/$ 1.2245…$/yen 110.75
DJIA 10,297, -160 pts…NASDAQ 1,964 -31 pts
10-yr 3.72%, 0 bp’s
MARKET OPINIONS:
For a broad range of opening levels click on GVI’s “Market Snapshot”:
CLICK HERE
See GVI for text...

Ldn 22:05 GMT March 10, 2004 Reply   
It seems the markets got its teeth into the Aud and Kiwi in Asia today , LondonJoe was probably right with his view its not welcome..
AFR...Rising dollar deflates rural expectations
As the worst drought in a century has receded across much of Australia over the past year, a new challenge has emerged for Australia's primary producers. As the rains have come down, the Australian dollar has gone up, slashing local returns from the 7 5per cent of their production they export.

The National Farmers Federation estimates farmers have lost $3.5 billion in income since January last year as a result of the 33 per cent lift in the Australia dollar.

In the face of such alarming numbers, it is little wonder rural market analyst Dennis Wise of Profarmer Australia reminds farmers that the currency is probably the single biggest risk factor in their business.

"If you do a sensitivity test of a farm budget, the biggest exposure by a long chalk is the dollar," he says.

Ldn 21:57 GMT March 10, 2004 Reply   

National Australia's Oster: Business Confidence and Economy Listen
LINK

Calabash TarHeel 21:53 GMT March 10, 2004 Reply   
Dallas GEP
Thank you, greatly appreciate your prompt reply.

TarHeel

Dallas GEP 21:50 GMT March 10, 2004 Reply   
Tar Heel, I now have trailing stop on my .7615 shorts @ .7485. I think as we approach .7450 buyers may start to come in

Calabash TarHeel 21:45 GMT March 10, 2004 Reply   
Dallas GEP

Dallas, do you mind if I ask if you are still holding Aud short and if so where do you think a T/P should be considered.

TIA
GL
GT

indonesia new trader 21:44 GMT March 10, 2004 Reply   
GEP the pound at 30 again can we short again?

lahore FM 21:42 GMT March 10, 2004 Reply   
GEP,the USD/CAD pair is being treated like a pariah on the forum,no one seems to be bothered about it or has commented on it.Any ideas on shorting the goose right now??TIA.

Ldn 21:41 GMT March 10, 2004 Reply   
New Zealand Keeps Interest Rate Unchanged at 5.25%
. It sought government approval to sell the New Zealand dollar for the first time.
LINK

lahore FM 21:40 GMT March 10, 2004 Reply   
GEP,the USD/CAD pair is being treated like a pariah on the forum,no one seems to be bothered about it or has commented on it.Any ideas on shortind the goose right noe??TIA.

Pgh wjs 21:31 GMT March 10, 2004 Reply   
Well my broker agreed to give me back the possie so they are not so bad after all...

Now everyone where is TP on AUD? Where do you see AUD and Euro going on a short possie...?

TX
GL
GT

Dallas GEP 21:05 GMT March 10, 2004 Reply   
Check mail ML,,,,,,,,,NOW!!!!

Brazil, JH 20:55 GMT March 10, 2004 Reply   
I been long on US dir, my wife feed my something that made me sick, and my mother-n-law keeps playing the same song
foe 3 hours.. where do I sign up for Iraq please

Ldn 20:51 GMT March 10, 2004 Reply   
NZ ECON: RBNZ Leaves OCR Unchanged At 5.25%
Kiwi shitting itself

Spotforex NY 20:50 GMT March 10, 2004 Reply   
bad tick on chart....it happens...your trade should be reversed out - if your dealer has any integrity.....otherwise i suggest you find an honest broker.....

LAX-LGB SNP 20:50 GMT March 10, 2004 Reply   
gonna close USD longs soon except for eurgbp which fails all logic

Miami OMIL - sorry for late reply but as long as japs keep eur below 1.23 - its all gold
ICT ML - i feel your pain but i have ascended the barrier since i'm having lunch with my in-laws (j/k)

ICT ML 20:50 GMT March 10, 2004 Reply   
THis move this week on GBP/Jpy and Gbp/Usd have brought the 30 min ema20 into the limelight as to selling areas...which is common in strong trendy type moves. So if the ema 20 fails to cap a retrace....it ususally in the past has headed to the ema50 where it sells off again from that area.

And Dr Q....dead on on the gbp/jpy...very good call..had a TP limit there in your honor on a short that I closed out way too early.......silly me....LOL

Pgh wjs 20:48 GMT March 10, 2004 Reply   
no not that broker... but I had a disagreement with them last week on a yen blip they had which they agreed to give me back... but on that one, my charts never showed anything... this time my charts actually show this... so complaining will do me no good, I am afraid.

TX

sf mike 20:44 GMT March 10, 2004 Reply   
Pgh wjs // is your broker G A I N. Then you are hosed. It's a real trade for them.

Porto PJT 20:44 GMT March 10, 2004 Reply   
wjs
max i have is 11

Dublin CK 20:41 GMT March 10, 2004 Reply   
wjs

I have that spike on my 5 min chart, the giant hammer candle reached 7536. It seems to have pipped up 90 suddenly and then retreated.

GL

Chicago Irish 20:32 GMT March 10, 2004 Reply   
wjs:A lot of platforms can automatically stop you out if they get bad data feed which appears to have happened in this case,call your broker immediately and dispute the fill.

GER ad 20:31 GMT March 10, 2004 Reply   
Cable,
~100 pips rebound done, now GBP/JPY may give the direction

Pgh wjs 20:30 GMT March 10, 2004 Reply   
It is showing on my charts on the 20:10 candle on 5 minute chart... and my broker also stopped me out with it...

Brazil, JH 20:29 GMT March 10, 2004 Reply   
wsj, I don't show that spike on my chart.

or 20:28 GMT March 10, 2004 Reply   
Pgh wjs 20:21 GMT March 10, 2004

What time fram are we talking about here? If you are talking last couple hours I would call your broker and complain.

sf mike 20:25 GMT March 10, 2004 Reply   
Pgh wjs// Nothing on my service, you just spiked out by youir broker.

Dallas GEP 20:24 GMT March 10, 2004 Reply   
ML, I have done the EXACT same thing myself RE: stops, been a FIG off!!!

I am out on Pound shorts @ 1.0863 for -33.

Brazil, JH 20:23 GMT March 10, 2004 Reply   
Qindex, Thank!!!

Pgh wjs 20:21 GMT March 10, 2004 Reply   
What was that blip up on aussie? Stopped me out on my 50 pip stop.. I was short from 7485 and it went up and hit 7535 and back down to 7479. 0;-(

Anyone else see that happen?

Los Angeles JV 20:19 GMT March 10, 2004 Reply   
Is there anyone short Euro now? Or is it just me?

Melbourne Qindex 20:19 GMT March 10, 2004 Reply   
Melbourne Qindex 06:49 GMT March 10, 2004
EUR/USD : The congested area of my daily cycle is projected at 1.2151 - 1.2342 and the mid-point reference is 1.2247. The critical point of my daily cycle is located at 1.2298. The lower barrier is expected at 1.2151 // 1.2188 and the upper barrier is positioning at 1.2371 // 1.2408. The market rhythm is represented by 37 pips.


... 1.2004 - 1.2041 ... 1.2151 // 1.2188 - 1.2225 - 1.2261 - 1.2298 - 1.2335 - 1.2371 // 1.2408 ... 1.2518 ...


Melbourne Qindex 06:25 GMT March 10, 2004
EUR/USD : Speculative selling will increase when the market fails to stabilize around 1.2316.

Dallas GEP 20:19 GMT March 10, 2004 Reply   
Pound definitely seems to have bullish overtone now. BUT this is a key area for sure.

Melbourne Qindex 20:18 GMT March 10, 2004 Reply   
NYC NY 20:17 GMT - Thank you for your compliment.

Los Angeles JV 20:18 GMT March 10, 2004 Reply   
Any thoughts on Euro?

NYC NY 20:17 GMT March 10, 2004 Reply   
QUINDEX
Awesome call on that GBPJPY !!!!!
ty

Rivonia Pi(m)pPirate 20:15 GMT March 10, 2004 Reply   
indonesia new trader 20:01 GMT March 10, 2004
Maybe i send u some miniatur of indonesian traditional transportation,just for memories
hehehe

Hey I bought one of those, although v/small it looks just like Jakata jack sitting on Dallas's back.
G'nite & gl

Melbourne Qindex 20:15 GMT March 10, 2004 Reply   
LA ARTOFYEN 20:10 GMT - Thank you for your kind words. My system works better after I have given up looking for a simple mathematical equation to describe all the market movements.

or 20:15 GMT March 10, 2004 Reply   
On the daily chart GBP/USD has plenty of room to move toward 1.8400-500 before turning back down.

or 20:15 GMT March 10, 2004 Reply   
On the daily chart GBP/USD has plenty of room to move toward 1.8400-500 before turning back down.

Melbourne Qindex 20:12 GMT March 10, 2004 Reply   
Melbourne Qindex 12:22 GMT March 10, 2004
USD/JPY : Daily Cycle Quantised Levels


... 110.47 // 110.78 - 111.09 - 111.39 - 111.70 - 112.01 // 112.31 ... 113.23 ...

Dallas GEP 20:11 GMT March 10, 2004 Reply   
No Mike looks bullish.

LA ARTOFYEN 20:10 GMT March 10, 2004 Reply   
Qindex, that gbp/yen was best call seen in long while!!

Melbourne Qindex 20:09 GMT March 10, 2004 Reply   
Melbourne Qindex 08:21 GMT March 10, 2004
AUD/USD : Once 0.7508 fails to hold one can see 0.7446 and 0.7473 without too much difficulty.


Melbourne Qindex 08:08 GMT March 10, 2004
AUD/USD : The odds are good that the market can penetrate through 0.7509.


sf mike 20:06 GMT March 10, 2004 Reply   
GEP// AUD just crashed, Cable soon to follow?

Melbourne Qindex 20:06 GMT March 10, 2004 Reply   
Melbourne Qindex 03:28 GMT March 10, 2004
GBP/JPY : Heading towards 199.69 - 200.72.


ICT ML 20:04 GMT March 10, 2004 Reply   
Well guys, I made a huge mistake this morning that cost me a good chunk of change. I hastily left limit orders that bracketed the data announcement on the way out the door to take kids to school....

A gbp and eur buy stop about 20 pips above market with 20 pip stops.....a fairly good R/R trade....got filled...except for the fact that I was off a big figure on the euro stop.....1.2205 instead of 1.2305...and the market decided to do a head fake up before whipping down....I walked back in to a huge red candle and an open euro long possie ........not the huge blue candle I had envisioned .....

SO, since I was not thinking clearly after seeing the damage...I closed all possies out and took the session off...and now I see I missed out on an ungodly amount of $$$ as the other trades I had closed out in frustration in London are now well past my ambitious targets.......

anyway..those that made good $$$ today, nice work those that didn't....I feel your pain...LOL

Jakarta JacK 20:04 GMT March 10, 2004 Reply   
Well... finaly I exit mine, -1 Pips... Need some sleep now. So se you guys tomorrow. GL & GT!

Dallas GEP 20:02 GMT March 10, 2004 Reply   
OK now as soon as I post this...starting to get sell signal now on Eur and MAYBE cable. welcome to the US session!!!!

Melbourne Qindex 20:02 GMT March 10, 2004 Reply   
Melbourne Qindex 05:50 GMT March 10, 2004
GBP/USD : As shown in my 22-day cycle reference the market is having problem to overcome the projected barrier at 1.8279 // 1.8356*. The daily cycle normal trading range is 1.7994 - 1.8450. The critical point of my daily cycle is located at 1.8176. The lower barrier is expected at 1.7898 // 1.7994 and the upper barrier is positioning at 1.8354 // 1.8450. The odds are in favour of taking short position. The market rhythm of the daily cycle is represented by 96 pips.


... 1.7946 // 1.7994* - 1.8037 - 1.8080* - 1.8128 - 1.8176* - 1.8224 - 1.8272* // ... 1.8354 ... 1.8450 ...


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* ...

Jakarta JacK 20:02 GMT March 10, 2004 Reply   
GEP, I think the cable is going down... hehehe Let's hope! Guys, perhaps someday we can meet and share pizza :P

indonesia new trader 20:01 GMT March 10, 2004 Reply   
Maybe i send u some miniatur of indonesian traditional transportation,just for memories
hehehe

Lagos Styrax 20:01 GMT March 10, 2004 Reply   
Good night everybody
gl/gt

Rivonia Pi(m)pPirate 20:00 GMT March 10, 2004 Reply   
Think I'll go out 'n by me a poke salad in a pita

Dallas GEP 20:00 GMT March 10, 2004 Reply   
Well basically I don't like the way the pound is holding here @ 1.8046. It looks to be establishing a new base of support here so I will try and exit close to my entry of 1.8030. BUT......even as we speak....pound is showing some more short potential so WTH?????

Brazil, JH 19:59 GMT March 10, 2004 Reply   
I don't know maybe GEP would like Tune-a-fish pizza...LOL

Rye, NY et 19:59 GMT March 10, 2004 Reply   
Long EUR/USD 1.2235 ;SAR 1.2175;take 1.2375

indonesia new trader 19:56 GMT March 10, 2004 Reply   
i'll too send u italian pizza.

Rivonia Pi(m)pPirate 19:54 GMT March 10, 2004 Reply   
St. Louis SAJ 19:46 Thnkx, taken me since 1970 to find that out:-)

Brazil, JH 19:53 GMT March 10, 2004 Reply   
GEP, I own you you for some pips you got me yesterday
next time I'm in Dallas I'll send you a Pizza...tnks

Brazil, JH 19:50 GMT March 10, 2004 Reply   
GEP, are you sure sure you get your speed from cars...LOL

indonesia new trader 19:50 GMT March 10, 2004 Reply   
GEP are u out already on pound short?
IF not yet what price u will out
thx

Brazil, JH 19:49 GMT March 10, 2004 Reply   
Dam, just when I think I know everything I learn something new.... Thanks

Dallas GEP 19:48 GMT March 10, 2004 Reply   
"You can't TUNE A FISH but you can TUNE A Piano""

St. Louis SAJ 19:46 GMT March 10, 2004 Reply   
Rivonia -- "Poke salad" is the American rural term for the shoots and leaves of pokeweed, a common herbaceous perennial. Warning: the stems, berries, and roots of this plant are fairly toxic.

Rivonia Pi(m)pPirate 19:45 GMT March 10, 2004 Reply   
Brazil, JH 19:40 TJW velly famoose in da muzic world, Tina Turner and others had major hits with his songs- Steamy windows etc. Great aritst. enjoy

Dallas GEP 19:43 GMT March 10, 2004 Reply   
Look to exit on pound shorts

Dallas GEP 19:42 GMT March 10, 2004 Reply   
Sold USD/JPY

Brazil, JH 19:40 GMT March 10, 2004 Reply   
Pirate, that's the guy I didn't think anyone would know who he is...cool...

Rivonia Pi(m)pPirate 19:37 GMT March 10, 2004 Reply   
Brazil, JH 19:30 Play "Rainy night in georgia" and close yer eyes. What is a "poke salad"?

Brazil, JH 19:30 GMT March 10, 2004 Reply   
time to lession to a little Tony Joe White and do what I do best WAIT... :-)

Rivonia Pi(m)pPirate 19:28 GMT March 10, 2004 Reply   
Stockholm za 19:08 Interesting link.

BEIRUT MK 19:28 GMT March 10, 2004 Reply   
long eurjpy at 135.65 target 1.38 stop 13515

Porto PJT 19:10 GMT March 10, 2004 Reply   
Tallinn viies 17:43 , right viies, 1,8000 was my target/strike from 1,8420 but like i bought a put for 9 days i sold it today and below 1,8000 with nice profit.

Nottingham 19:09 GMT March 10, 2004 Reply   
eurgbp...6790/6815 res has been well defended...support comes in at 6770 and 6760...if they hold then bulls likely to try again tomorrow, otherwise deeper correction 6730 likely...gl gt

Stockholm za 19:08 GMT March 10, 2004 Reply   

1+1=2


Jakarta JacK 19:08 GMT March 10, 2004 Reply   
Ok, will hold position and see. Thanks.

Jakarta JacK 19:08 GMT March 10, 2004 Reply   
Ok, will hold position and see. Thanks.

Dallas GEP 19:06 GMT March 10, 2004 Reply   
STOP now is higher @ 1.8087. CABLE is now showing OVER bought

Jakarta JacK 19:05 GMT March 10, 2004 Reply   
GEP, looks like the cable is climbing. What do you think?

B.A. BOCA 19:02 GMT March 10, 2004 Reply   
enough with this gbpjpy contra...leaving some pips on the table, but home is pulling..
GL

indonesia new trader 19:01 GMT March 10, 2004 Reply   
i'm out gep 5 points plus and change too gbp short at 1.8030
thx man

Porto PJT 18:56 GMT March 10, 2004 Reply   
Pecs Andras 18:33 , maybe usd/cad have not the same strenght/volume that gbp/cad, cad/jpy and eur/cad have.

Dallas GEP 18:52 GMT March 10, 2004 Reply   
GL= Good Luck
GT= Good Trades

Dallas GEP 18:49 GMT March 10, 2004 Reply   
Well I am not in Euro short yet but 1.2180 would be first.

Det tm 18:45 GMT March 10, 2004 Reply   
FWIW, Meant GL & GT. Don't know what GL> means, sorry.

indonesia new trader 18:43 GMT March 10, 2004 Reply   
GEP
so what's our target in eur?thx

Dallas GEP 18:43 GMT March 10, 2004 Reply   
WB, tom. we have more US data. Until then we may have at least some continuation of these USD longs. So Asia and London probably still usd bullish

nyc sa 18:41 GMT March 10, 2004 Reply   
careful don't short cable or euro at these levels , cable could well go back to 1.88 and euro 1.29 before end of month ! better wait a day or 2 to watch the action ..playing the crosses now .

SanFrancisco tg 18:41 GMT March 10, 2004 Reply   
Nottingham 18:26 - thank you for your post. Feeling same way regarding nzd for now.

Det tm 18:41 GMT March 10, 2004 Reply   
Pecs Andras 18:33

I just went short in CD$ futures (long USD/CAD) on trade data argument and pain threshold for Loonie CD04M to not close above its 40 DMA. Maybe its waiting for Fri jobs report although I''m betting the drop is comming. GL>.

Dallas GEP 18:40 GMT March 10, 2004 Reply   
Andras, I think Eur/CAD shorts have been putting a lid on USD/CAD longs.

boulder dat 18:39 GMT March 10, 2004 Reply   
Andras...

there is some economic data to be released at the end of the week. i think unemployment. i've not traded the loonie as i have been waiting for this info. not sure if that is the reason the entire market has left it alone, but could account for something.

Kamensk Andy 18:38 GMT March 10, 2004 Reply   
BC - didnt think about the time in China :) - here in Russia we are going to sleep...
Thank you one more time...

Pecs Andras 18:33 GMT March 10, 2004 Reply   
Guys who can help me understand this?
All the currencies have lost several hundred pips against USD in the last few days. The only exception is CAD. Why is that?
Even the real "high yielders" slumped, but CAD did not, though it is not a true "high yileder", and another rate cut is imminent.
TIA

chester wb 18:32 GMT March 10, 2004 Reply   
gep: what do you think will happen with euro during Asia? up and then London sells back down again or vice-versa

shanghai bc 18:29 GMT March 10, 2004 Reply   

KC -- Good morning..Expecting 1.21-1.26 range to hold for a few more weeks..Good trades..

ANDY -- Good morning..250 dma like in Eur/usd,is a watershed for bear/bull market in Usd/Jpy too for most long-term traders with heavy guns..And BoJ lads know that too..Expecting heavy Usd/Jpy short guns to be out when it approahces there..Good trades..

indonesia new trader 18:28 GMT March 10, 2004 Reply   
Philippines newtrader
helllllllllllooooooooooo too

Stockholm za 18:28 GMT March 10, 2004 Reply   
Fwiw … All the numbers, levels, pivots, zones, bands, candlesticks, bars, projections, indicators, crosses ma, etc. etc.
Will/do not mean jack §hit if one cannot incorporate a working understanding of their implication & implementation inside ones own systems – plans, needs & desire –
Its all about supply & demand within the blind concept of the econ wars….
The 95 % Think alike
The 4 % Also think alike
& The 1 % only smiles……..
Happy trades ------>

Nottingham 18:26 GMT March 10, 2004 Reply   
nearterm event risk is rbnz meet at 20:00GMT...opinions divided on whether rates will go up by 25bps or remain as they are...overnight data strengthens case for increase but bank unlikely to want to fan flames of nzd strength...in the event of a rise there ought to be a half figure move higher as NY sessions shorts will certainly be squeezed having been caught at the wrong end of a move...equally, no change will probably see much of this recent "expectational" bounce since session lows erased...that may push audnzd north of 1.13 briefly but I feel such a much can be faded...re gbpcad, approaching 1st o/s level of 2.38 (2nd at 2.3710)...expecting minimum high for tomorrow of 2.3930...gl gt

Philippines newtrader 18:24 GMT March 10, 2004 Reply   
indo_newtrader

hellllllllllllllllllooooooooooooooooooooo!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!




Eilat Dolphin 18:24 GMT March 10, 2004 Reply   
Andy/ We did get reports that the MOF increased its spending spree from 40 M/H to 100+M/H on the last ten days, and seen what happens when their clerk misses a call. Twice.

And nobody has enough flood for such an open wound.

So, it's a question of time, imo, because the MOF only pushes the same problem further ahead.

Unless the US starts turning jobs lke popcorn. But doing what ?

Dallas GEP 18:15 GMT March 10, 2004 Reply   
1.7825 is not too far fetched for POUND in next few days. >1.8075 is KEY for today A daily close BELOW this is a BEARISH confirmation (six more hours)

Jakarta JacK 18:13 GMT March 10, 2004 Reply   
Thanks GEP, I'm shorted Cable on 1.8044. Let's wait and see then. :-)

Dallas GEP 18:10 GMT March 10, 2004 Reply   
Yes I am Jack. Action has slowed down considerably. 1.7980 would be my FIRST target. May pip up first though to 1.8050 area again.

Kamensk Andy 18:09 GMT March 10, 2004 Reply   
Shanghai bc - Good night. What would you say if someone is preparing to short USDJPY near 250 dma? It worked well in the past...And thank you for greateful inputs on forum as well...Many good trades to you.

sf mike 18:09 GMT March 10, 2004 Reply   
Watch out for BOJ dropping the bids. Monday at 7PMGMT and yesterday at 6:30PM GMT.

B.A. BOCA 18:07 GMT March 10, 2004 Reply   
gbpjpy contra should have a little more left in it, maybe 50 pips...

SanFrancisco tg 18:06 GMT March 10, 2004 Reply   
Looking like probabilities are to be flat to down rest of session for nzd, aud, gbp, euro.

Jakarta JacK 18:02 GMT March 10, 2004 Reply   
GEP, are you still short on Cable? If yes, what is the target? Thanks

nyc sa 18:01 GMT March 10, 2004 Reply   
thnx Stockholm .eom

Stockholm za 17:58 GMT March 10, 2004 Reply   
CHF/JPY ........ At the moment.....
Balance search -
8657-8648-8642-8635-8628-15-8602-8595-8588-8582-8573
R & S Z......
8788-8745
8702-8689
8632
8576-8562
8519-8476

Todays low extream was given ~8569
ema 55 spike
ema 233 & 89 block
ema 144 escape
Ema 21 good bye
Happy trades........

U.K J.B. 17:57 GMT March 10, 2004 Reply   
nyc jk 16:56

Thanks very much. I will try and post when i see something intersting. Must say dollar does look o/b & 1.7975 big level channel supp. in stg . So i did take back 50 % as stated earlier and another the bal. just below 1.80. time to relax for the day. GL

Rivonia Pi(m)pPirate 17:57 GMT March 10, 2004 Reply   
Brazil, JH 17:52 LOL Actually Dallas has a good supply of nitrous oxide (for his hotrod) which I bet he sniffs on.

Dallas GEP 17:56 GMT March 10, 2004 Reply   
New trader, 19:00 GMT quite possible

Dallas GEP 17:55 GMT March 10, 2004 Reply   
JH, Naw, I get all my SPEED from cars!!! LOL

Dallas GEP 17:54 GMT March 10, 2004 Reply   
1.2250 is 38% retracement on Euro on today's high low

Rivonia Pi(m)pPirate 17:54 GMT March 10, 2004 Reply   
Brazil, JH 17:52 Wizecrack

indonesia new trader 17:52 GMT March 10, 2004 Reply   
GEP do u think at 19.00 gmt we will see big movement again.Like 2 days ago?

Brazil, JH 17:52 GMT March 10, 2004 Reply   
mom when I grow up can I be like uncle GEP, sure you can
dear here have some cocane.... :-) LOL

Dallas GEP 17:49 GMT March 10, 2004 Reply   
Mike, my typing was always shakey!!! LOL

chester wb 17:48 GMT March 10, 2004 Reply   
thanks GEP..1 2195 is a daily support area for euro however once monthly support @1.2330 are gave way imho that opens a retest of 1.1930's break thru that will be looking at 1.1500 area.For newbees, look at rsi, slow stochs,ect on longer term charts,lots less noise and indicators are clearer. right now indicators show bearish divergence. of course there will be a bunch of tradeable squiggles along the way .lol ( all depends on how deep your pockets are )

Dallas GEP 17:48 GMT March 10, 2004 Reply   
1.8077 is 38% retracement of today's HIGH and LOW BUT I think it will have problems clearing 1.8050/60.

Houston KC 17:47 GMT March 10, 2004 Reply   
shanghai bc 17:24 GMT March 10, 2004

You mention a bounce for gbp/usd. Does that apply to eur/usd as well? I would also like to thank you for you contributions here. They help me to keep a clear view of the bigger picture and from making as many stupid trades...lol Reason I ask is that I read one post where you mentioned eur/usd range 1.26-1.21 Since we hit 1.2057 are we now inching back up toward 1.26 ? Thanks and keep up the great posts.

sf mike 17:44 GMT March 10, 2004 Reply   
GEP// Slow down on the day trading. Your typing is getting shaky.

Tallinn viies 17:43 GMT March 10, 2004 Reply   
Porto PJT 16:50 GMT - not anymore,

0,68 old bottom and 38,2% retracement level-. stochastic heavily overbought...
swap points in favour of short euro . SO?

Dallas GEP 17:43 GMT March 10, 2004 Reply   
WIth that earlier print of 1,8045, could see a pip up again to that level FWIW Still think the BIAS is DHORT howver.

Det tm 17:42 GMT March 10, 2004 Reply   
Trade data makes strong case for another BoC cut in April.

Jakarta JacK 17:39 GMT March 10, 2004 Reply   
Got it, thanks for sharing. Will look into similar situation on later trades. Thanks.

Dallas GEP 17:36 GMT March 10, 2004 Reply   
Jack 1.8030 was a fairly strong support so NOW it should act as good RESISTANCE. We DID have a false break with a print of 1.8045 tho.

Tallinn viies 17:36 GMT March 10, 2004 Reply   
sold eurstg at 0,6791, stop at 0,6816
target far far away. 0,6600

Jakarta JacK 17:36 GMT March 10, 2004 Reply   
Yup, that's whyI'm curious, how did you produce such an accurate number? :-)

london p 17:35 GMT March 10, 2004 Reply   
jakarta jack im impressed have you a direct feed into GEPs head

beijing road 17:34 GMT March 10, 2004 Reply   
BOOKED profit on EUR/GBP with 34 pips.

NYCNYCNYC 17:34 GMT March 10, 2004 Reply   
per below , my error-yesterday's news

Dallas GEP 17:32 GMT March 10, 2004 Reply   
I am in 1.8030 SHORT on CABLE BTW.

Jakarta JacK 17:31 GMT March 10, 2004 Reply   
GEP, if you would share :P, how did you calculate GBP at 1.8030 will go down? Thx.

Lagos Styrax 17:25 GMT March 10, 2004 Reply   
Dallas Gep
No pain, no gain

shanghai bc 17:24 GMT March 10, 2004 Reply   

PJT -- Thanks but it was just a fluke..Gbp/Usd may have found a floor around 1.800 for a bounce of some 300 pips in the next sessions before another sell-off starts..Good trades..

indonesia new trader 17:21 GMT March 10, 2004 Reply   
yeah,but without u i can't make any single win till u give me ur word.i know the risk.and i don't mind about it.
u said it NO pain NO gain
hehehe

Dallas GEP 17:18 GMT March 10, 2004 Reply   
Nice trade WB!!!! good contra.

Dallas GEP 17:16 GMT March 10, 2004 Reply   
Well new trader, I will dump fool's gold on you occassionally as well LOL. There are others here that are much better than I technically so be aware of what their views are as well.

chester wb 17:15 GMT March 10, 2004 Reply   
closed long euro from 1.2205 @ 1.2241......+36 pips

nyc sa 17:14 GMT March 10, 2004 Reply   
anyone trading crosses euro/yen ? any views as to direction ? Stockholm if u are around could u please give levels for CHF / yen ? thnx .

NYCNYCNYC 17:12 GMT March 10, 2004 Reply   
Foreigners have been buying US agency debt by the gizillions for the last 2 years. Today Snow reminded all that FRE and FNM are not US govt guaranteed, something everubodyhould know,
did that contribute to the Euro/USD break?

TIA

indonesia new trader 17:12 GMT March 10, 2004 Reply   
Yes indeed
GEP help me much and his post is like founding Gold raining in my backyard.
thx broo..

indonesia new trader 17:09 GMT March 10, 2004 Reply   
ok broo... i'll follow u
and gl/gt for us

Sheffield glenn 17:08 GMT March 10, 2004 Reply   
GEP - you're a saint

Just a tip of the hat from another newbie who appreciates your patience and willingness to help. Thanks.

Dallas GEP 17:06 GMT March 10, 2004 Reply   
I will check now AG........

Dallas GEP 17:05 GMT March 10, 2004 Reply   
I would look to sell Euro @ 1.2335 new trader

Cairo AG 17:04 GMT March 10, 2004 Reply   
GEP: did u get my mail ?

Dallas GEP 17:04 GMT March 10, 2004 Reply   
New trader, YES stop would need to be around 1.8067. I rarely enter sell orders though because if something changes I want to be flexible enough to adjust.

london p 17:04 GMT March 10, 2004 Reply   
hmm will the real indonesian solo raden mas please stand up


indoneia solo raden mas 16:59 GMT March 10, 2004
hk funny 16:19 GMT March 10, 2004
yes..agree.
see my view today.
so sad because he trade out of from his advisor. :-(
but must be struggle until now.
too many buy position and be hold until now since 1.91xx but sometime if price move up in trend maybe will be health again.
can not say anything again (ego trade).

indonesia new trader 17:00 GMT March 10, 2004 Reply   
Gep
so....
when the gbp tacht the 1.8030
we can either sell eur?

indoneia solo raden mas 16:59 GMT March 10, 2004 Reply   
hk funny 16:19 GMT March 10, 2004
yes..agree.
see my view today.
so sad because he trade out of from his advisor. :-(
but must be struggle until now.
too many buy position and be hold until now since 1.91xx but sometime if price move up in trend maybe will be health again.
can not say anything again (ego trade).

nyc jk 16:56 GMT March 10, 2004 Reply   
U.K. J.B. 10:02 GMT March 10, 2004

excellent trade J.B.

Dallas GEP 16:53 GMT March 10, 2004 Reply   
Yes Taro, that is it EXACTLY!!!

Dallas GEP 16:52 GMT March 10, 2004 Reply   
Unless things change (which they do) 1.8030 is a good SELL point for Pound again. Euro is a little troublesome because eur/gbp is holding it up and there are LOTS of little areas of support under 1.2200 but BEWARE if the pound shorts significantly, the EURO will follow it down and if those large stops under 1.2200 get taken out then high 1.20's will be seen. Euro is a good sell @ 1.2235 (30 pip stop). USD/JPY is probably NOT worth messing with on a daytrade basis.

My .7615 shorts are still in play on AUSSIE and trail stop is now @ .7520. WARNING: For those people wanting to SELL dollars and leary of doing that against the Pound or Euro, they may look to buy AUSSIE Instead at .7400-.7450 area. Just a thought FWIW.

Porto PJT 16:50 GMT March 10, 2004 Reply   
"shanghai bc 09:46 GMT March 9, 2004

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

That call was very a very profitable one, thanks bc.

or 16:50 GMT March 10, 2004 Reply   
Pound and AUD look very cheap and I am buying here.

Quebec taro 16:46 GMT March 10, 2004 Reply   
Gep, my understanding is that the numbers of pips is not that important, what is critical is the speed and the behavior of other pairs according to this signal.

Thank you for your time

shanghai bc 16:43 GMT March 10, 2004 Reply   

747 -- Good evening..Any trending market always moves from one extreme to the other till finally it is busted and change of reveral comes..High yielders moved too fast too far since their break out in eur/usd 1.19 and gbp/Usd 1.70..But Dollar needs more than just a good bounce to turn around its major down cycle since 2001..

PJT --Good evening..All unwinding of Pound carry trades,Eur/Gbp,Gbp/Jpy and more..We may see Eur/usd 1.20 and 1.30 in coming months though..In a more orderly manner this time..

LHR B747 16:40 GMT March 10, 2004 Reply   
Eilat Dolphin: oops, I forgot that in deep water outlook is not for so far, but as an Israeli dolphin you can get something from the special forces around :)

This is one of the disadvantages in FX options trading, still my choice but need more opinions from proven sources - good luck and good trading.

Nottingham 16:38 GMT March 10, 2004 Reply   
My cable only contra system history points to fact that cable has breached secondary oversold on only 3 occasions during the last decade and then by only 10-15 pips each time...today secondary o/s is at 1.785 (primary is at 1.795)...reason secondary may come into focus is that eurusd is still a good figure away from seeing its own primary oversold and if it's seen that cable will certainly be lower than at present even though eurgbp will probably have moved further towards its own o/b at 6840 and 6855...gl gt

Dallas GEP 16:36 GMT March 10, 2004 Reply   
Taro, in the scenario I decsribed below even a ONE pip low or high can be significant.

Dallas GEP 16:35 GMT March 10, 2004 Reply   
CCY stands for Currency pairs. So when I say I am looking for another CCY to short it means I am looking to short GBP/USD, EUR/USD, etc.

In a FAST moving market, a break of a new day's low or high can be signficant. I a SLOWER moving market a break of a new low or high may be much less significant. Plus if the other pairs are supporting the direction of the pair that is making a new low or high there is LESS of a chance of a false break.

Eilat Dolphin 16:34 GMT March 10, 2004 Reply   
LHR/ However, by the end of month, or sometimes before, I do see the E higher than today by two or three figures.

Eilat Dolphin 16:33 GMT March 10, 2004 Reply   
LHR/ My sonar is highly useless on a month basis. My visions, when I have any, don't exceed the next hours... sometimes even, minutes only.

B.A. BOCA 16:28 GMT March 10, 2004 Reply   
gbpjpy is looking like a nice contra right now...but it depends on the BoJ showing up.

Quebec taro 16:28 GMT March 10, 2004 Reply   
Gep

"I sell on breaks of key levels and when CCY makes a new low"

What means CCY ?

After how many pips do you assume the level is broken ?

Dallas GEP 16:27 GMT March 10, 2004 Reply   
Kevin, did you get your 1.8020 on yor pound long????

indonesia new trader 16:26 GMT March 10, 2004 Reply   
fwiw...
lucky me not short to hurry the gbp
hahaha,i'm just curious with the number moving and i can't do anything.

hk ab eur/gbp 0.66 16:24 GMT March 10, 2004 Reply   
place 2nd entry at 110.05.

Dallas GEP 16:24 GMT March 10, 2004 Reply   
Guys, don't confuse this dollar selling with a change in sentiment for today, I think it is only a temp thing.

hk ab eur/gbp 0.66 16:23 GMT March 10, 2004 Reply   
too many good levels show up tongiht..... can't sleep.

buy dlr/jpy 110.84 x 2 will enter more...

LHR B747 16:23 GMT March 10, 2004 Reply   
Eilat Dolphin: maybe the most friendly member of seas can tell what are the next EUR highs to reach during this month?
markets reaction to today's data managed to confuse me!

Good luck and good trading

Dallas GEP 16:23 GMT March 10, 2004 Reply   
Good Possie Kevin. I would look to close around 1.8020/30 area IMO

chester wb 16:22 GMT March 10, 2004 Reply   
long euro @ 1.2205.. daily support @ 1.2195 should provide a bounce

GER ad 16:22 GMT March 10, 2004 Reply   
To short Cable now (1.7980) look like a kamikaze flight IMHO, expecting some rebound (50-100 pips) first.

Rivonia Pi(m)pPirate 16:21 GMT March 10, 2004 Reply   
Indonesia Solo raden_masandi 16:12 yes, lucky day Ü.

Dallas GEP 16:21 GMT March 10, 2004 Reply   
I think we may have bigger dollar SELL opps tom. Today obviously is dollar buy day. The only thing that slowed it down MAY have been London closing. Now in US hands.

hk funny 16:19 GMT March 10, 2004 Reply   
raden, why you are still here, you should have pretented to be some new bird. Ha, Ha!

Dallas GEP 16:18 GMT March 10, 2004 Reply   
New trader 1,8000 would have been place to short again IMO but I am waiting for all LONDON boys to square out on their postions.

Eilat Dolphin 16:18 GMT March 10, 2004 Reply   
GEP/ Yes, we should be at the $ top by now.

HK Kevin 16:18 GMT March 10, 2004 Reply   
Go, small long Cable at 1.7984.

hk ab eur/gbp 0.66 16:14 GMT March 10, 2004 Reply   
tonight will be the last night for aud/nzd 1.12 long train.....

indonesia new trader 16:14 GMT March 10, 2004 Reply   
GEP
what u think if i short gbp now
thx

Dallas GEP 16:13 GMT March 10, 2004 Reply   
London closing out now. Taking profits wait for USD longs for now

hk ab eur/gbp 0.66 16:12 GMT March 10, 2004 Reply   
It's very hard to fight with those nasty usd longs during the thin hrs like this morning......

take care. and bed time now, the eur/chf and eur/gbp should work out when I wake up.

Indonesia Solo raden_masandi 16:12 GMT March 10, 2004 Reply   
Rivonia pim Pirate
your number was done. you are right. :-)

Dallas GEP 16:11 GMT March 10, 2004 Reply   
EURO HEAVY get ready. Europe may take profits on the USD bull postions beware!!!

Dallas GEP 16:10 GMT March 10, 2004 Reply   
No secret newtrader. I sell on breaks of key levels and when CCY makes a new low. Doesn't alwsys work.

Porto PJT 16:09 GMT March 10, 2004 Reply   
bc , thank you for everything, is your gbp premonition to fall, based on eur/gbp move without gold/eur jpy move as well?

Dallas GEP 16:08 GMT March 10, 2004 Reply   
Next level on .7940. May stall here and retrace to 1.8000. Euro is a mess won't short as quickly as pound right now IMO.

hk ab eur/gbp 0.66 16:08 GMT March 10, 2004 Reply   
my combination will become long gbp/chf.....fwiw.

indonesia new trader 16:08 GMT March 10, 2004 Reply   
GEP how can u do that stuf
so fast and get lot profit too...
can u tell me little secreet

Chambery FR JFB 16:07 GMT March 10, 2004 Reply   
Yesss!! just got my target @1.7970...215 bpips on that one, my day is done :-) Wish you all the same :-)

Dallas GEP 16:06 GMT March 10, 2004 Reply   
Out @ 1.7975

beijing road 16:05 GMT March 10, 2004 Reply   
GEP : You must have made tons of money on gbp shorter.happy trade.

Dallas GEP 16:03 GMT March 10, 2004 Reply   
Shorted 1,8005 sorry too fast to post

hk ab eur/gbp 0.66 16:02 GMT March 10, 2004 Reply   
sell eur/gbp .6786.

hk ab eur/gbp 0.66 16:01 GMT March 10, 2004 Reply   
why I become so no guts to buy usd..... interesting. Need to fight against psy. barrier.

LHR B747 15:59 GMT March 10, 2004 Reply   
shanghai bc: do they do right?
is counting on EUR/USD @ 1.3010 is right?
What is the highest point for EUR/USD during this month as you can see?

hk ab eur/gbp 0.66 15:58 GMT March 10, 2004 Reply   
this eur/jpy is totally traceless....

hk ab eur/gbp 0.66 15:57 GMT March 10, 2004 Reply   
Kevin, gd evening.
know what, FBF is now visiting hk and I will invite him for a drink when he pass by again from US.

the cad is interestingly staying inside 100 dma and 200 dma....

Dallas GEP 15:57 GMT March 10, 2004 Reply   
FWIW during this period, USD bears may pip up currencies in their direction, Witness eur/usd and GBP/USD. Also USD bulls taking profits causing push the other direction

Nottingham 15:56 GMT March 10, 2004 Reply   
usdcad...character of move may be decided at 3320...10 day sma tends to act as a buffer for up/downtrends...gl gt

shanghai bc 15:54 GMT March 10, 2004 Reply   

I guess the job of the market is to turn most of fearless short-medium-term Dollar bears into newly converted Dollar bulls..That will take sometime but that will be when new round of Dollar bear campaign along the major Dollar bear bias since 2001 will start..Still too many short-medium-term Dollar bears buying on dips all the way from 1.29..

Dallas GEP 15:52 GMT March 10, 2004 Reply   
As stochs show oversold conditions we may need period of consolidation to allow stochs to turn neutral again. 1.8030 seems to be acting as resistance on pound for now.

HK Kevin 15:52 GMT March 10, 2004 Reply   
hk ab, interesting to see that USD/CAD has became a lagging indicator.

Stockholm za 15:49 GMT March 10, 2004 Reply   
fwiw......EUR/USD........ Pulling effect of ema 233
comes in at ~12225 and is in full effect at ~12155/34
Happy trades.......

hk ab eur/gbp 0.66 15:49 GMT March 10, 2004 Reply   
long some eur/chf 1.5753.

Dallas GEP 15:47 GMT March 10, 2004 Reply   
Boucing harder off the lower levels now meaning we may be nearing an end for now for usd bear parade.

Helsinki iw 15:45 GMT March 10, 2004 Reply   
Fwiw/ Hourly studies a bit o/s, so betting that 1,2190/00 will
hold, at least until the bond auction results come out. The
critical support is however only at 1,2070/80 (marginally
broken last week). IMHO.

indonesia new trader 15:44 GMT March 10, 2004 Reply   
yeah i know GEP
but i just lost and lost i can read chart well yet and i'm learning from everyone but the important is i can make some money.
btw thx

KL KL 15:44 GMT March 10, 2004 Reply   
WHO have info on STOP LOSS area in currency. eg GBP/USD, EUR/USD.....how people know where to go to get it triggered?? Care to share would be good in helping me find bottom or top!!

hk ab eur/gbp 0.66 15:44 GMT March 10, 2004 Reply   
eur will have another go.....

from 1.2930 to 1.2060 = 870 pips.

now looks like from 1.2480.... - 870 = 1.1610.....

SA getFX 15:44 GMT March 10, 2004 Reply   
Dallas GEP 15:34 GMT March 10, 2004
"I would rather be lucky than good"

Yes: " The harder I work, the luckier I get!" ??

Chambery FR JFB 15:42 GMT March 10, 2004 Reply   
Dallas GEP 15:32 GMT March 10, 2004
Agree with you GEP, but hope a second attempt at the 1.8010 low. 1.8012 was the exact lower t/l of a strong descending hourly channel. Guess we'll have 6-9 hours of sideways move from now with a max retracement to 1.8115/25. imvho of course :-)

Dallas GEP 15:41 GMT March 10, 2004 Reply   
New trader, best to find you own way and use this forum a s a resource

hk ab eur/gbp 0.66 15:41 GMT March 10, 2004 Reply   
look at the bloody goose......
200 dma now next.

Stockholm za 15:38 GMT March 10, 2004 Reply   
Automatic trailing stop !!!! ...... ?

Nottingham 15:37 GMT March 10, 2004 Reply   
beijing road 15:34 GMT

I have no website...the levels are based on my own studies...happy to help with any o/s o/b levels you require for what they're worth...gl gt

indonesia new trader 15:36 GMT March 10, 2004 Reply   
hey Gep
you're have excellent skill in my point of view
and witout u i can even win for the first time
so...no enter market for now?

Spotforex NY 15:36 GMT March 10, 2004 Reply   
Zorro - your zone is back on radar.....

hk ab eur/gbp 0.66 15:35 GMT March 10, 2004 Reply   
if short, I think long dlr/jpy and dlr/cad safer.

SanFrancisco tg 15:35 GMT March 10, 2004 Reply   
Thats all for the downside I think, Euro at 1.2225 is my estimate for turnaround as well. A failure to move up around 1.2280 would target 1.2225. So a long soon is likely for me with inital target of 2280 and decide from there.

beijing road 15:35 GMT March 10, 2004 Reply   
Nottingham: how abt GBP/JPY?

beijing road 15:34 GMT March 10, 2004 Reply   
Nottingham : very interested in your O/S and O/B level. Kindly share your personal web site? Thanks.

Dallas GEP 15:34 GMT March 10, 2004 Reply   
"I would rather be lucky than good"

Vilnius george 15:33 GMT March 10, 2004 Reply   
I wonder why Trischet is not say now :
" we don't want volatility"
lol

Dallas GEP 15:32 GMT March 10, 2004 Reply   
Possible new bottom on Pound in place. Probably RIskier to short now than long FWIW

Van jv 15:31 GMT March 10, 2004 Reply   
U.K. J.B.
"I find the more time i spend in front of a screen , the less productive ", in my case return on rel. small capital can not be justified unless taking exc. risk---it seems that significant capital needed to justify long hours spend on screen and related work......

Nottingham 15:30 GMT March 10, 2004 Reply   
Cable...1st o/s 1.7950...2nd 1.7850
gbpcad...2.38...2.3710

the above are not necessarily supports/magnets and may or may not be seen but from my studies warrant contra trades...gl gt

hk ab eur/gbp 0.66 15:29 GMT March 10, 2004 Reply   
gbp/jpy is bloody....

Nottingham Daniel 15:28 GMT March 10, 2004 Reply   
Hit Qindex fig of - 1.2225 closed also clsed GBP

Nottingham Daniel 15:27 GMT March 10, 2004 Reply   
Hit Qindex fig of - 1.2225 closed also clsed GBP

hk ab eur/gbp 0.66 15:27 GMT March 10, 2004 Reply   
isnt' that interesting we don't get usd sell off after -43 printed?

Hahhaha... Andras, the opposite effect now applies....

Livingston nh 15:26 GMT March 10, 2004 Reply   
hk ab - the USD/CAD led this move - it rallied from the beginning of the year - still see 1.43 upcoming // more rate cuts due

hkg fei 15:25 GMT March 10, 2004 Reply   
buy pound now, bottom seem fromed

KL KL 15:24 GMT March 10, 2004 Reply   
WOW Pound collapsing. Good thing I cut loss long time ago and only spectator now!! VERY VERY tempting to re-enter long....lets see what happens after the energy figures!!

hk ab eur/gbp 0.66 15:24 GMT March 10, 2004 Reply   
think USD cycle now goes to GBP now... with fast widening deficit........

beijing road 15:23 GMT March 10, 2004 Reply   
GEP : Today I tried your quick model on GBP short, and it worked very well. Hit and run........LoL.

SA getFX 15:23 GMT March 10, 2004 Reply   
GEP > Good call, as usual! GT, no doubt!

hk ab eur/gbp 0.66 15:22 GMT March 10, 2004 Reply   
the most important thing is we don't see a super rally on dlr/cad. Then, all the bets I will put is on eur long side.

Dallas GEP 15:21 GMT March 10, 2004 Reply   
Could be second stall point for pound but looks SHORTER

indonesia new trader 15:21 GMT March 10, 2004 Reply   
GEP
whoa.....
i'm out to at 1.8041
thx man
today the first day i get profit
i love this job
when u want enter tell me man
thx again

hk ab eur/gbp 0.66 15:20 GMT March 10, 2004 Reply   
road// fwiw, I am positive on eur after it breaks 20dma firm in eur/gbp. But I think eur will be lag behind a bit may enter eur longs on layers.

Dallas GEP 15:19 GMT March 10, 2004 Reply   
OMIL, I get too impatient for cruise control!!! LOL

Dallas GEP 15:18 GMT March 10, 2004 Reply   
New trader. It may stall and pip up here but it should short some more. I took profit @ +30 pips but I will renenter

beijing road 15:17 GMT March 10, 2004 Reply   
ab eur/gbp 0.66:
I do not have any EUR/USD long position after I was stopped out at 1.2320 this morning. BUt Just opened EUR/GBP long position tonight.

bucharest dan 15:17 GMT March 10, 2004 Reply   
gep, can you send me an email? my address is [email protected]

Chambery FR JFB 15:15 GMT March 10, 2004 Reply   
fwiw, personal target for last lot on GBP short is 1.7970... let's see :-) Happy trades

hk ab eur/gbp 0.66 15:14 GMT March 10, 2004 Reply   
eur gets sold off in 3 session after I said buy last night... horrible... road// are you in any eur positions?

U.K. J.B. 15:14 GMT March 10, 2004 Reply   
U.K. J.B. 10:02 GMT March 10, 2004
I find the more time i spend in front of a screen , the less productive i become. My game plan in place after a couple of hours work in the morning then a couple more hours in the afternoon. I feel i lose touch with the bigger picture otherwise and my charts are obviously updated on a regular basis. Everyone to their own, suits me trading for myself ,20 years experience.Sell stg if 1.8145 offered today s/l 1.8180 short term trade recomm.

Would suggest a trailing stop now in cable this move is serious.No bounce seen. Poss take 50 % back at 1.8025

hk ab eur/gbp 0.66 15:12 GMT March 10, 2004 Reply   
Q: why dlrcad doesn't move with all majors?

I still have a strong intention to go long eur.....

bc and nt// strange eh, eur/gbp and eur/jpy run such a large divergence.

indonesia new trader 15:12 GMT March 10, 2004 Reply   
whua....
this is so good the moment i press sell button the price already down.
so whats the target Gep
thx u once more time

beijing road 15:10 GMT March 10, 2004 Reply   
Nottingham : I see.

indonesia new trader 15:10 GMT March 10, 2004 Reply   
Gep
okay than i follow the 1.8112 then
i admire u so much man
thx

Miami OMIL (/;-> 15:10 GMT March 10, 2004 Reply   
GEP I am putting this in cruise control and giving one of my eyes some rest, later.

Nottingham 15:08 GMT March 10, 2004 Reply   
Don't post my views anywhere but here, road

SanFrancisco tg 15:07 GMT March 10, 2004 Reply   
Bill - glad you showed up to take responsibility. I just feel guilty since I had mentioned in 1992 to someone you might not be a bad guy. In any event, my main purpose in those posts are to make sure the reality is seen and not just the headline hype, its good to know all the tangible components driving economics and forex including these I think.

Dallas GEP 15:07 GMT March 10, 2004 Reply   
Sorry 1.8092 for conservative 1.8112 for more risky on STOPS

Dallas GEP 15:06 GMT March 10, 2004 Reply   
New Trader FIG would be 1.8100 in this case Trying to see of the 1.8060 level will break may or may not though. Put stop @ 1.8082 entry if you want to play it VERY safe

Little Rock Bill 15:04 GMT March 10, 2004 Reply   
SanFrancisco tg 14:43 GMT March 10, 2004
Don't waste your latin.
You can sumarize your message in one sentence, as usual:
"It's Clinton fault"
LOL
Ah, I appreciate your concept of "employment rate" LOLOL

beijing road 15:02 GMT March 10, 2004 Reply   
Nottingham : You have web site?

Rivonia Pi(m)pPirate 14:59 GMT March 10, 2004 Reply   
indoneia solo raden mas 14:52 Yes I agree £ is extended, but it has twice spiked through to hit trendline (now at ±17966), needs next 4 hr candle maybe, we'll see.

SA getFX 14:57 GMT March 10, 2004 Reply   
Pivots calculated for today were:
eur/usd gbp/usd
1.2620 1.8863 R5
1.2539 1.8726 R4
1.2486 1.8611 R3
1.2433 1.8496 R2
1.2393 1.8428 R1
1.2352 1.8359 P
1.2299 1.8244 S1
1.2246 1.8129 S2
1.2206 1.8061 S3
1.2165 1.7992 S4
1.2059 1.7762 S5
Cable may have bounced off 1.8061...

indonesia new trader 14:57 GMT March 10, 2004 Reply   
horay....
i do it to Gep short at 1.8081
btw what's figs?
thx

Miami OMIL (/;-> 14:55 GMT March 10, 2004 Reply   
Livingston nh 14:44 GMT March 10, 2004
Good observation the last time 20dma crossed 55dma was back in late September when the last Bull Run started for eur/usd. I also keep that in mind but will take my shorts on eur/usd one step at a time. Right now I don’t like what is happening with eur/usd.

SanFrancisco tg 14:54 GMT March 10, 2004 Reply   
correction - my post should include 94% employment not 96%.

Kaunas DP 14:53 GMT March 10, 2004 Reply   
Dallas GEP 14:50 GMT
so u are targeting my stop?..:)))
LOL

IST Sez 14:52 GMT March 10, 2004 Reply   
I agree with Raden mas.!!!
dont get in bear trap frds

indoneia solo raden mas 14:52 GMT March 10, 2004 Reply   
Rivonia Pim Pirate
I think still too danger if you hope 1.7966 for today.
I look chart still difficult to get your number.

nyc jk 14:51 GMT March 10, 2004 Reply   
raden...not a criticism, just a question. your system has been a buyer of GBP all week despite a substantial downmove, under what conditions will it turn bearish on
GBP?

Dallas GEP 14:50 GMT March 10, 2004 Reply   
Shorted Pound @ 1.8082 with stop above fig. Playing for sustained break of 1.8060. This is IFFY but buyers have been prodcuing LOWER interim highs

London ADK 14:49 GMT March 10, 2004 Reply   
KL KL 14:46 - I was kidding. Forget everything I said. GL

indoneia solo raden mas 14:47 GMT March 10, 2004 Reply   
I am speculation buy gbp/usd here to get 1.8160 with stp if show 1.8055

Rivonia Pim(p)Pirate 14:46 GMT March 10, 2004 Reply   
indoneia solo raden mas raden do you think £/$ 17966 must be get b4 swing up? tia

KL KL 14:46 GMT March 10, 2004 Reply   
London ADK 14:39

How do you hedge?? Buy other crosses?? You will need to teach me. I trade currency much the same manner like shares!!! Some shares do not have option protection!!

Livingston nh 14:44 GMT March 10, 2004 Reply   
On the charts - swissy looks likely to have a 21 da sma cross the 55 da ema so a 1.32 figure comes into play// EUR/USD averages look to be next for this crossover which would confirm the EUR break below the 55 da ema (target 1.18) // Cable breaks below last week's level and 1.7850 looms

SanFrancisco tg 14:43 GMT March 10, 2004 Reply   
nh - A part of this can no doubt be attributed to the economic war which began years ago, where the US was on the receiving end at first to the advantage of a select few other countries, and now those countries are feeling the pain of the US reversing the cycle. Part of the cycle included overheating the US dollar beginning in 1995, which in turn overheated foreign ownership of US assets, something easily complained about now but few complainers point out began then not now. Unfortunately, the US also continues to feel some of the effect. We have a 96% employment rate, some stock indices have hit all time highs, a record wealth rate was just hit in the US, and corporations devestated by the 1995-98 and 911 shock spawned recession are now recovering. So not all bad.

indoneia solo raden mas 14:43 GMT March 10, 2004 Reply   
my sugest is buy here 1.8160 to get 1.8100 with stp if show you 1.8055 bid

Makati Obelix 14:42 GMT March 10, 2004 Reply   
Since last Friday, CDN$ have been stuck within the channel of 1.3169 & 1.3270.

London ADK 14:39 GMT March 10, 2004 Reply   
KL KL 14:33 - OK KL. How about hedging?

Ldn Mvs 14:37 GMT March 10, 2004 Reply   
All focus is on crosses for momo...looks like M/T players building up on EUR/GBP, with likelihood that we reach 0.6850 area by next week which is +/- 50% retracement from January high - this week's UK data has made many feel confident that BOE will not be raising rates as soon as initially anticipated...other cross to keep an eye on is EUR/CAD which is playing in the opposite direction, where good stops are building up below 1.6200 - still see good chance of more CAD strength esp as for the third day now we fail to trade above the 5 day ma in USD/CAD (1.3275 now)...only a strong close above this lvl tdy would change my view on that one...g/l

KL KL 14:33 GMT March 10, 2004 Reply   
Also for Newbies .... maybe like me...Learn to cut loss SHORT and Take Profit when there is profit. You will know when something has gone against you..... Use chart and this forum to revise trade style. Try minimum trade for a period first then get the feeling!!

Look like GBP is in for a battle at 1.8080...maybe rest now to lure more in.

Livingston nh 14:33 GMT March 10, 2004 Reply   
Fwiw - both US exports and imports fell in Jan - this is NOT good for anybody - the EU is screaming because the US imported goods from EU dropped nearly 50% from December (10.3 to 5.9 bio) // US exports have declined in the last few months -- in a political year it is no wonder G'span has been warning about protectionism

Gold Coast martin 14:30 GMT March 10, 2004 Reply   
DALLAS....hope you short aussie to 7350.....better luck this time than last friday....g/l g/t

Brazil, JH 14:30 GMT March 10, 2004 Reply   
JC, I'm in Salvador Bahia Brazil about 1000 mile north of Rio

Quito Valdez 14:29 GMT March 10, 2004 Reply   
OK. Note the 47 pip candlestick on 5min - 6hour chart EUR/USD...30 min ago...the big spike up (1.2342) and instantly the big spike down (1.2295). Some -ONE- (stress ONE) buying entity of the USD or selling entity of EUR did that. And the other three red candlesticks that followed it within minutes which were the stop triggers. This was IMHO not based on news. What meaningful real honest to goodness IMPORTANT news? I'm new at forex but most definitely not new to candlestick charts.

The "up" first then "down" immediately second for a candlestick is the giveaway here to a one entity action. BOOM. This market is murderous, unexpected, highly volitile and some one entity is trying (successfully) to make it this way. Obviously.

GEP said we'd see low 1.20s a few days back, and that was a day after that last resistance test, before we'd go to the 1.30 and he was RIGHT, we know at least about the low 1.20s. I'm holding onto my handlebars here. I'd expect some retaliation from the USA and/or BIG wooly dollar bears on this..looks like currency wars now. Those buyers who bought at 1.2230-50 are either the cause of this (!) or those who got in fast (why weren't the trading platforms clogged?) and grabbed the money potential.

Dallas GEP 14:29 GMT March 10, 2004 Reply   
Small false break on Pound just now below 1.8080

Nottingham 14:28 GMT March 10, 2004 Reply   
eurgbp...6790-6815 should offer stern resistance...o/b 6840 2nd 6855...gl gt

B.A. BOCA 14:27 GMT March 10, 2004 Reply   
gbpjpy getting to some interesting levels..

indonesia new trader 14:27 GMT March 10, 2004 Reply   
Gep the 1.8080 had broken
can i short now man?
thx

IST Sez 14:27 GMT March 10, 2004 Reply   
Long GBP at 1,8083

Dallas GEP 14:24 GMT March 10, 2004 Reply   
1.2240 breaks on Euro then that's probably +40 pips BUT watch eur/gbp because it will limit euro down's potential

LHR B747 14:23 GMT March 10, 2004 Reply   
TEL AVIV: 90% of FX traders lose, the mix of "economical facts" , "geo politics" and "markets psychology" gives smart people the feeling that they can make money in FX trading.

The most successful FX traders call it luck, the rest are paying for the luck :)

PortoAlegre JC 14:23 GMT March 10, 2004 Reply   
Brazil, JH 14:13 // are you from Rio or São Paulo??

B.A. BOCA 14:22 GMT March 10, 2004 Reply   
Tel-Aviv Z.G// I have never worked with any good dealer that did not like going to the casino..

Dallas GEP 14:21 GMT March 10, 2004 Reply   
Pound needs to break 1.8080 for 1.8020

SA getFX 14:20 GMT March 10, 2004 Reply   
Tel-Aviv Z.G 14:13 GMT > In a >$3trillion market?

Cairo AG 14:20 GMT March 10, 2004 Reply   
GEP: i sent it, so may be u can check ur mail now or in a while.

Gold Coast martin 14:19 GMT March 10, 2004 Reply   
TEL AVIV...there are traders in here that play with serious amounts of money.....they love their job enough to reveal their views to others so that wealth is shared.....i am not alone i am sure.....

melbourne farmacia 14:18 GMT March 10, 2004 Reply   
Morning guy's - just in for few minutes.

Singapore Sfx - as per email today, Gbp/Usd's done all targets from 1.8283 - 1.8240 - 1.8102, and currently just above next level being 1.8075. Covered at 1.8102 fwiw. GT

Ldn 14:15 GMT March 10, 2004 Reply   
LondonJoe agree fully with that, thanks

indonesia new trader 14:14 GMT March 10, 2004 Reply   
Ldn you right man and this week i found brand new stuff that far east market can make sudden change of market direction which already 2 days.

Brazil, JH 14:13 GMT March 10, 2004 Reply   
New Trader, for those that pick in advance the way they
feel the USD would go many still get there stops hit..
I guess I'm not as good as some so I wait..

Tel-Aviv Z.G 14:13 GMT March 10, 2004 Reply   

Hi guys
Been watching this forum for about a year now. Although passively
I wanted your opinion on a post from another Forex forum as I regard most of you as day traders.

"I know some really successful day traders, they play with so much capital, millions every day, they move the markets with their own efforts. Their game, I can understand. But for the small fish day trading is no better than a casino, they have no significant influence on the markets, and therefore no advantage. It's a matter of time before they give up or go broke. Not my opinion, statistics.

Besides, sitting all day and watching numbers jumping up and down is not my idea of an interesting job"

TIA

Dallas GEP 14:13 GMT March 10, 2004 Reply   
AG I am on Yahoo mail ....dallasgep... is my user name

B.A. BOCA 14:12 GMT March 10, 2004 Reply   
like i mentioned before, any sustained dollar rally will need to rally on bad news. so far so good it seems....

SA Newbie 14:11 GMT March 10, 2004 Reply   
Some more data 10Mar 15:00 USD Wholesale Inventor 10Mar 15:00 USD Wholesale Sales

Cairo AG 14:11 GMT March 10, 2004 Reply   
GEP: did u get my mail of yesterday, i sent it to conv...,... isnt it the right address??

Ldn 14:11 GMT March 10, 2004 Reply   
Problem a typical scenario of bad numbers and the dollars reaction opposite to what the market expects, to New traders its confusing but this is why you have to research all aspects of the market as its like a stream with many estuaries leading to the main river (The Market)

B.A. BOCA 14:09 GMT March 10, 2004 Reply   
sorry, even with bad numbers...

B.A. BOCA 14:08 GMT March 10, 2004 Reply   
usdcad has performed horribly in this renewed bullish USD environment. somebody definitely has it pinned down well..

a break above 133,30 could get clear out some of pressure.
but simply hesitant to move, vene with bad numbers...GL

LondonJoe 14:08 GMT March 10, 2004 Reply   
AUD medium term - think we trade 7250-7750 range over the next few months .. on a medium term view I see it heading back to 68-72 region by q3-q4 this year after having another flutter on the topside and giving a good sell opportunity.. if and when the US turns around and US yields start to rise then there are better places to park your money... and the AUD will suffer,.. the aus economy is still chugging along but another rate hike could be the sword that pops the leverage downunder in the months ahead... 3 year bonds are almost though the cash rate at the moment which also is not a pretty picture historically... japanese uridashi demand might support it for a while post march but to be honest 77-80 big picture is a big sell IMHO

KL KL 14:07 GMT March 10, 2004 Reply   
Hey don't forget another data out at
14:30 GMT- US- API/DOE Weekly Energy Inventories.

Not sure if this is market mover but may help you see bottom in many of the currency.

LHR B747 14:07 GMT March 10, 2004 Reply   
SanFrancisco tg: the current trading system is not part of reality, IMO some radical changes are coming.

Maybe this part of the American way of life, you can have everything while paying with nothing for that.

indonesia new trader 14:06 GMT March 10, 2004 Reply   
Brazil, JH
yeah....i'm just curious...when the market confuse me with sudden up and down there's someone can make profit.
i want make profit too.
lose too much now on 2 days dlr/yen sudden move

SanFrancisco tg 14:02 GMT March 10, 2004 Reply   
GEP - Gonna gamble that is all for the US$ data purchasing to hit the stops.

Brazil, JH 14:01 GMT March 10, 2004 Reply   
For new traders, many of the traders in this forum
are pros... a bit of advice if you are new to trading, wait
until things slow down, it is easy to lose money on Gov
reports, sorry if I was to late and hope most did good..
GL

Dallas GEP 14:00 GMT March 10, 2004 Reply   
Dollar bears fighting back, Eur short diificult because of eur/gbp so concentrate on GBP. Once up 15 pips put stop at entry and look to close once you are 25-40 pips up. looking for direction now.

Ldn 13:59 GMT March 10, 2004 Reply   
Gold Coast martin yes thats a number knocking around in my head also.

SanFrancisco tg 13:59 GMT March 10, 2004 Reply   
And to add more comedy, Saudis unnecessarily just cut supply again, taking the old take it while you have it approach on price, further compounding the oil effect. Maybe what world powers need is not a US rate hike but a spotlight on trade disease.

Ldn 13:58 GMT March 10, 2004 Reply   
London Joe (ex tokyo) Hi, notice you around now and again whats your feeling on the aud further out.

Gold Coast martin 13:57 GMT March 10, 2004 Reply   
LDN....7350 short on aussie may be a good move in the short term...

Ldn 13:57 GMT March 10, 2004 Reply   
Gold Coast Martin, yes at the bottom of the post below thats my view also.

Ldn 13:42 GMT March 10, 2004

indonesia new trader 13:56 GMT March 10, 2004 Reply   
Gep,
how can u doin that so fast
can u tell me what to do now
please....

Dallas GEP 13:55 GMT March 10, 2004 Reply   
Bottom of pound may have been just seen Will update

Gold Coast martin 13:55 GMT March 10, 2004 Reply   
Ldn.....you are right about the oil factor creeping into the equation but bare in mind that should oil become a bigger factor in the coming sessions the inflationary factor will become bigger as well which will make the fed take more notice and possibly bring interest rate hikes back inro the equation.....

LHR B747 13:54 GMT March 10, 2004 Reply   
record high for the nation's deficit and their currency goes up, this is not real anymore - looks like Alice is the US president and USA is wonderland.

The only thing I can add is:
What a smart donkey and US healthy economy have in common? - Both are alive only in the ferry tails.


LondonJoe 13:52 GMT March 10, 2004 Reply   
agree AUD is like an unwanted house guest at the moment..many have invited him into their house and he is causing too much damage.. he is about to get banished !

Miami OMIL (/;-> 13:52 GMT March 10, 2004 Reply   
I believe eur/gbp will keep holding up the show for eur/usd IMHO.

KL KL 13:50 GMT March 10, 2004 Reply   
gep you are good. Maybe need your help.

Jakarta JacK 13:49 GMT March 10, 2004 Reply   
Do you guys got disconnected?

Pecs Andras 13:49 GMT March 10, 2004 Reply   
GEP
You are doing a fantastic job again! LOL

Dallas GEP 13:47 GMT March 10, 2004 Reply   
+40 on Cable short Closed VERY VERY fast

IST Sez 13:46 GMT March 10, 2004 Reply   
What the censored is going on?!

Miami OMIL (/;-> 13:46 GMT March 10, 2004 Reply   
FWIW next support is around 1.2240-50 area If that goes then I will probably be filling my order soon IMHO.

Dallas GEP 13:46 GMT March 10, 2004 Reply   
Shorted cable 1.8164 too fast sorry

Brisbane JM 13:45 GMT March 10, 2004 Reply   
AUD is about to get dumped IMO!!!

Ldn 13:45 GMT March 10, 2004 Reply   
Sorry .should read .. Dollar looks Good.

SanFrancisco tg 13:45 GMT March 10, 2004 Reply   
Nicely done GEP. Many would argue the weak dollar policy is working extremely well, look at the long list of record positive US gains in 2003. The trouble I think is that currency policy has its limitations with regard to how much effect it can have and how fast, especially under extreme conditions. No question this record trade gap, the other kind of record, isn't helping though even with the oil component. I think many would like to see a more considerable bite taken out of the gap before having a party.

Ldn 13:44 GMT March 10, 2004 Reply   
Gold Coast martin flat into the numbers however dollar doesnt looks good , seems this oil thing is becoming the issue that guy was talking about.

tel-aviv dor 13:43 GMT March 10, 2004 Reply   
Hi GEP , Longed SWISSY orlonged $/SF ? tia

cork g 13:43 GMT March 10, 2004 Reply   
is that BOJ buy USD?

Ldn 13:42 GMT March 10, 2004 Reply   
] The U.S. foreign trade deficit widened to a new record $43.06 billion in January from the previous record high, now revised up to $42.69 billion (originally $42.478 billion) in Dec. Oil imports rose by 4.0%, but that was all due to rising prices. Crude cost $28.55 per barrel in Jan vs $27.19 in Dec, but the number of barrels declined by 1.0%.

(The trade deficit is becoming a source of inflationary pressure)
indicating possible rate hike on the cards.

Gold Coast martin 13:42 GMT March 10, 2004 Reply   
LDN..DID YOU SHORTEN EARLIER ON THE AUSSIE TO 7495?

Dallas GEP 13:41 GMT March 10, 2004 Reply   
+31 PIPS and out on SWISSY

What happened on this number IMO was that although the number was worse than expected (causing SELL dollar spurt) BUT THEN because of the oil factor the number in REALITY wasn't really that off so USD bulls used opp to buy some cheaper USD

Ldn 13:39 GMT March 10, 2004 Reply   
Most of the Deficit is due to imported oil and the low USD --CNBC NY>

dc fxq 13:39 GMT March 10, 2004 Reply   
Also 4Cast news had a 43.5 estimate. In other words no a good figure but hardly as bad as the more pessimistic guesses.

Miami OMIL (/;-> 13:38 GMT March 10, 2004 Reply   
Maybe we made to big of a deal with this data GEP.

dc fxq 13:36 GMT March 10, 2004 Reply   
Algarve Box 13:35 GMT

Goldman Sachs forecast.

Jakarta JacK 13:36 GMT March 10, 2004 Reply   
Thanks god, I release the EUR Long while still +12 PIPS :P....

dc fxq 13:35 GMT March 10, 2004 Reply   
Pecs Andras 13:34 GMT - the CDN drop is largely a function of the USDCAD rate of course.

Algarve Box 13:35 GMT March 10, 2004 Reply   
dc fxq 13:31 GMT March 10, 2004
Hi, what are your souces of 'oessimistic' 44+ ?

dc fxq 13:34 GMT March 10, 2004 Reply   
it appears some of the "knee jerk" buyers were in turn "kneed" on the spike above 1.2340. LoL

Pecs Andras 13:34 GMT March 10, 2004 Reply   
Some disappointing CAD data also

Exports Fall 4.7%, Imports Dn 5%, Surplus Dn C$5.23

Dallas GEP 13:33 GMT March 10, 2004 Reply   
Longed SWISSY 1.2794

Miami OMIL (/;-> 13:33 GMT March 10, 2004 Reply   
Either this market is very dollar bullish or the traders are still sleep.

London BM 13:32 GMT March 10, 2004 Reply   
brisbane, gm - have had just had some analysis that shows that audusd could drop to .7275.

US deficit is at $43.1bln, though.

GENEVA FHR 13:32 GMT March 10, 2004 Reply   
43.06

dc fxq 13:32 GMT March 10, 2004 Reply   
largely influenced by oil imports, bad news for EZ however as auto imports dropped.

Pecs Andras 13:32 GMT March 10, 2004 Reply   
Now I am reading it is 40.2
So what is right?

Gen dk 13:32 GMT March 10, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

London BM 13:31 GMT March 10, 2004 Reply   
brisbane, gm - have had just had some analysis that shows that audusd could drop to .7275.

US deficit is at $43.1bln, though.

dc fxq 13:31 GMT March 10, 2004 Reply   
a bit above median and well below pessimistic forecasts of 44.0+

Jakarta JacK 13:31 GMT March 10, 2004 Reply   
Here we go... :P

Pecs Andras 13:31 GMT March 10, 2004 Reply   
43,1

dc fxq 13:30 GMT March 10, 2004 Reply   
43.1 bln deficit

Philippines newtrader 13:28 GMT March 10, 2004 Reply   
hello raden.
long time no hear ha....i know u miss mee..LOL...
where do you think the euro go on us market?

Helsinki iw 13:28 GMT March 10, 2004 Reply   
Bond auction results today may impact stronger than trade
figures. 27 bio of 5 and 10 yr notes on the block.

IST Sez 13:27 GMT March 10, 2004 Reply   
I expect...!!!:)

IST Sez 13:27 GMT March 10, 2004 Reply   
DATA:41,5

prague jv 13:26 GMT March 10, 2004 Reply   
Its seems to me that geographics are the theme of the night. Before the discussion about sleeping was interesting as well.
Since bank of Japan is smoothing prices and unloading usd into strength there is nothing much else to do.

Jakarta JacK 13:26 GMT March 10, 2004 Reply   
Thanks raden, however I will wait another 10min. :P

Kaunas DP 13:24 GMT March 10, 2004 Reply   
Raden,
would u agree that in case we have USD sell o)ff: eur/usd spike will be less explosive than gbp/usd - TIA

Indonesia Solo raden_masandi 13:22 GMT March 10, 2004 Reply   
jakarta jack.
technical u can sell usd/chf now (sell signal) or buy eur/usd(buy signal) but don't too many lot (justtest case).

Jakarta JacK 13:20 GMT March 10, 2004 Reply   
I mean LOLROTF... 10 minutes to go!!

Helsinki iw 13:18 GMT March 10, 2004 Reply   
Fwiw/ Expecting bad trade figures, as the weak dollar and
expensive oil will have pushed imports higher yet again.

Gold Coast martin 13:17 GMT March 10, 2004 Reply   
dallas...have aussie shorts at 7495 and shrtened furthe to 7350 to be reached by end of tonite session instead of by the thursdays as i expected...g/l g/t

Jakarta JacK 13:17 GMT March 10, 2004 Reply   
Vilnius george, In addition, Jakarta is it's capital, located on north shore of Java Island, the most populated island in Indonesia. Bali is the most popular island though.

Indonesia Solo raden_masandi 13:17 GMT March 10, 2004 Reply   
Jakarta jack.
see my view today in tyhe archieve.

LHR B747 13:16 GMT March 10, 2004 Reply   
Let's hope that everybody will be on the right side of the 200pips movement, good luck

Gen dk 13:15 GMT March 10, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Miami OMIL (/;-> 13:15 GMT March 10, 2004 Reply   
Hope everybody has plan A, B and C ready at hand. GL GT

Vilnius george 13:13 GMT March 10, 2004 Reply   
i just checked out , who is Indonesija lol :

Indonesia is an archipelago of over 17,000 islands with a population of more than 200 million, scatterd over a land area of some 2.02 million square kilometers. Lying across a region of immense volcanic activity, Indonesia has some 400 volcanoes, with at least 70 still active.

Bahasa Indonesia is the official language. English is frequently used in commerce. The people are predominantly Muslim, minority religious groups being Christians, Hindus and Buddhists.

France Lucky Strike 13:13 GMT March 10, 2004 Reply   
convicted means convinced actually.....

France Lucky Strike 13:12 GMT March 10, 2004 Reply   
It looks like not only euro hardly reacted to the decline of usd/jpy but tends to fall now when usd/jpy increases. In those conditions, it seems fair enough to think euro sellers are convicted. What do you think ?

Brisbane JM 13:11 GMT March 10, 2004 Reply   
London BM 13:05 - my personal opinion is that AUD goes lower, I am targeting low 73's. My suggestion would be to set a stop you are comfortable with and stick to it, you only lose what you can afford that way... G/L

London BM 13:05 GMT March 10, 2004 Reply   
Brisbane GM, Thanks. I went long at .7580. Will probably hold, looking for .7850. Do you think this is realistic, or should I think about getting out?

IST Sez 13:03 GMT March 10, 2004 Reply   
Dallas GEP,
keeping your short eur from 2384 frd ?
any idea for the direction?
thnx.

Jakarta JacK 12:59 GMT March 10, 2004 Reply   
LHR B747, Thanks for the sugestion.

Raden... What is your forecast regarding the incoming data?Any sugestion to put entry limit on EUR/USD? Thanks!

Brisbane JM 12:59 GMT March 10, 2004 Reply   
London BM 12:50 - AUD looks soft, could be good short on spike if data is USD negative I don't think now is a good entry though. G/L

Indonesia Solo raden_masandi 12:58 GMT March 10, 2004 Reply   
Philippines newtrader 11:38 GMT March 10, 2004
seen chart emotion have get ready.
all players have ready with their gun in today battle.
I am ready !!

Indonesia Solo raden_masandi 12:56 GMT March 10, 2004 Reply   
Philippines newtrader 11:38 GMT March 10, 2004
hello my friend. long time no meet you here.
:-)
we are all wait the us data.
how is the forcast?

Gen dk 12:56 GMT March 10, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

LHR B747 12:56 GMT March 10, 2004 Reply   
Jakarta JacK: take a range of 1.1700-1.2700 until 31/DEC/2004 and you will be always making money.

Riga Nick 12:56 GMT March 10, 2004 Reply   
indonesia new trader
Some friends used this.
Try to trade demo account. If you don't feel stress in demo, start to trade real marker PARTUALLY.
I mean trade for e.g. every 5th position on real acc and 4 earlier on demo acc. Keep your accout sufficient to make soft overcoming.

Spore Mimi 12:55 GMT March 10, 2004 Reply   
Hello all traders! Does anyone know where I can buy a reliable forex datafeed? TIA

indonesia new trader 12:55 GMT March 10, 2004 Reply   
hey guys thnk for the comment
but i think smokin is trader maskot,is it?
hehehe can trade without smokin especially when the market volative
too saihat, i'm former farmer so... lets teach me some skillz to trade then farming again,hehehe

Jakarta JacK 12:53 GMT March 10, 2004 Reply   
EUR/USD -> Quiet before the storm? :P

London BM 12:50 GMT March 10, 2004 Reply   
Does anyone have an opinion on where audusd is heading to in the short term?

Brazil, JH 12:48 GMT March 10, 2004 Reply   
New Trader, make yourself a set trading hours,
Make fewer less risky trades, take time off and go to the
pool, if you miss a trade another one will come around.

GL GT

Saihat 12:48 GMT March 10, 2004 Reply   

indonesia new trader

stop this busness and work a worker in farm

Brisbane JM 12:48 GMT March 10, 2004 Reply   
LHR B747, Nottingham
I think the USD/JPY will go up, in fact the only order I have put on it this year was a limit long from 105.20 which never got filled.... I would never trade against the central bank, especially when they want their ccy weaker. I think it will go back above 112 tonight but I wont trade it because I need a tight stop and the chances are high that the stop will get done. G/L

Jakarta JacK 12:48 GMT March 10, 2004 Reply   
LHR, do you think EUR/USD will go up or down? Thanks.

Nottingham 12:48 GMT March 10, 2004 Reply   
LHR B747 12:40 GMT

usdyen may or may not obey technical analysis depending on the inclination of MoF...this makes it unprecitable or at least more unpredictable than another pair from that perspective...for me, trading on technicals alone, it makes sense to follow path of least resistance and thus avoid it, the one-off excepted...gl gt

prauge viktor 12:47 GMT March 10, 2004 Reply   
indonesia new trader :use vit.B12and B6 with vit E and vit C and it a lot of fish and stop smokining by this way u will sleep better its advice from my doctor because I dont sleep too

LHR B747 12:46 GMT March 10, 2004 Reply   
2700 seconds to go :)

Jakarta JacK 12:42 GMT March 10, 2004 Reply   
Indonesia new trader, IMHO is stands for In My Humble Opinion, IMO = In My Opinioon, IMVHO = In My Very Humble Opinion.

SA Newbie 12:41 GMT March 10, 2004 Reply   
Tks!!

LHR B747 12:40 GMT March 10, 2004 Reply   
Nottingham: IMO USD/JPY is the most safe game around, JPY is the king's/ruler's financial advisor - just follow the advisor until his replacement.

USD/JPY during MAR/2004 @ 110-120 range is no surprise and the message is around for very long - where is the risk or the surprise on this pair?

indonesia new trader 12:39 GMT March 10, 2004 Reply   
i think when i start trade 2 month ago,i drasticly lose my sleep hours and increase the 2 packs of cigarrete every day,bacoz the movement always make me strees.
so how to deal all that guys.
btw what imho stands for aniwei?
thx

Melbourne Qindex 12:38 GMT March 10, 2004 Reply   
AUD/JPY : The following still valid :-

Melbourne Qindex 07:38 GMT March 8, 2004
AUD/JPY : 44-Day Cycle Quantised Levels


... // 82.21* - 82.77 - 83.33 - 83.89 - 84.45* - 84.89 - 85.33 - 86.20* // ...

Nottingham 12:35 GMT March 10, 2004 Reply   
Brisbane JM 12:31 GMT

Past year or so I liken trading usdyen to that of playing poker with a card mechanic...sure you'll win a hand or two but you'll finish the evening broke

LHR B747 12:34 GMT March 10, 2004 Reply   
Brisbane JM // also elephants do not like flys, but as long there are elephants the flys remain around and vice versa.

Rivonia Pim(p)Pirate 12:33 GMT March 10, 2004 Reply   
SA newbie 12:28 Mother of all Finances Ü

GVI john 12:33 GMT March 10, 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/$ 1.2290…$/yen 110.80
DJIA +19 pts… 10-yr 3.74%, +2 bp
PERSONAL OPINIONS:
For a broad range of opening levels click on GVI’s “Market Snapshot”:
CLICK HERE
full text on GVI...

Melbourne Qindex 12:32 GMT March 10, 2004 Reply   
GBP/USD : The following is still valid :-


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* ...

Saihat 12:32 GMT March 10, 2004 Reply   
FR DEMO

sell usdjpy..stop 111.45
wait for uptick

Singapore FHO 12:32 GMT March 10, 2004 Reply   
SA MoF stands for Ministry of Finance.

Brisbane JM 12:31 GMT March 10, 2004 Reply   
Nottingham - highly possible, MoF don't like leveraged specs messing with their ccy. I don't trade this pair because it normally eats up my stops....

Nottingham 12:31 GMT March 10, 2004 Reply   
SA newbie 12:28 GMT

Ministry of Finance

Melbourne Qindex 12:30 GMT March 10, 2004 Reply   
USD/JPY : It may test the lower barrier of my weekly cycle.

USD/JPY, EUR/USD, USD/CHF, AUD/USD, USD/CAD & GBP/USD  Weekly Cycle Analyses. Register with [email protected] if you have no access to my page.

Melbourne Qindex 12:29 GMT March 10, 2004 Reply   
USD/JPY : It may test the lower barrier of my weekly cycle.

SA newbie 12:28 GMT March 10, 2004 Reply   
Nottingham-- sorry for a silly question, what does MoF stands for?

Quebec YQB 12:25 GMT March 10, 2004 Reply   
nice to see that my question about sleep got everyone's attention. thanks for all the responses.

Nottingham 12:24 GMT March 10, 2004 Reply   
Brisbane JM 12:16 GMT

how about this scenario...MoF pulls bids to trigger spec stops...MoF holds lower level long enough to allow specs to reopen longs...loop until we get to 110?

Melbourne Qindex 12:23 GMT March 10, 2004 Reply   
USD/JPY : Current Comment.  Register with [email protected] if you have no access to my page.

Gen dk 12:20 GMT March 10, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Jakarta JacK 12:16 GMT March 10, 2004 Reply   
Sorry guys, I'm a bit confused. So, if the deficit is announced to be 46 B then the EUR will go up like last friday? What is the best point to set the entry limit then? Currenly I set entry buy limit on 1.2325 and entry sell limit on 1.2250. Any comments?

Brisbane JM 12:16 GMT March 10, 2004 Reply   
mmmmm USD/JPY broke 111 it will come back I think....

Melbourne Qindex 12:14 GMT March 10, 2004 Reply   
AUD/USD Last week the market downward trending momentum is strong enough to tackle my weekly cycle projection limit at 0.7407. This week the weekly cycle projection limit has shifted down to 0.73115.


Melbourne Qindex 01:42 GMT March 4, 2004
AUD/USD (adjusted) : Weekly Cycle Quantised Levels


0.7407 - 0.7453 - 0.7500 - 0.7546 - 0.7593 - 0.7640 // 0.7686 ...


dc fxq 12:12 GMT March 10, 2004 Reply   
Brisbane, Gold Coast, et al:

from my perspective, having been an active trader in everything from equities to futures to forex over the past 35 or so year, it appears to me that we are undergoing a major sea change in market sentiment. Also in my opinion, we are begining to see the raw economic impact of deteriorating EZ and UK data caused by overly rapid currency price valuation increases. Fundamentals do count.

Chicago YM 12:11 GMT March 10, 2004 Reply   
Qindex, is the usd/chf pair one you expect to have most movement of today?

Nottingham 12:11 GMT March 10, 2004 Reply   
fwiw following break of 1.2330 yesterday which caught a few out, I think the market has been forced into a +ve USD bias...to me this suggests that any disappointment seen in US trade figures could see a repeat of last Friday's price action in the euro...expectations for the deficit vary from a significant improvement of $38bn to a record $45bn and north...consensus somewhere around $42bn but my feeling is that market has priced in $40bn...gl gt

Melbourne Qindex 12:09 GMT March 10, 2004 Reply   
Melbourne Qindex 12:09 GMT March 10, 2004
USD/CHF : The market is going to consolidate between 1.2798 - 1.2891 and there is a good chance that it can challenge the upper trading range at 1.2985 - 1.3003.

LHR B747 12:09 GMT March 10, 2004 Reply   
Good afternoon,

If/in case that deficit will show in 75 minutes USD 46B, which EUR/USD rate today you think/beleive will represent USD 46B deficit.


*** sorry, mistyped 45 in place of 75 minutes ***

LHR B747 12:08 GMT March 10, 2004 Reply   
Good afternoon,

If/in case that deficit will show in 45 minutes USD 46B, which EUR/USD rate today you think/beleive will represent USD 46B deficit.

Brisbane JM 12:03 GMT March 10, 2004 Reply   
Last Friday we saw a big market reaction to the employment data. BUT AUD and GBP have already given back their gains...... This to me is USD positive. Even if data is poor again today, I think a quick spike may provide good entry levels to buy USD, especially against GBP and AUD IMO. G/L

Gold Coast martin 11:53 GMT March 10, 2004 Reply   
It is feeling like we are going to be in the same trading positions this week like we were last week before the US employment figures....it feels weird

IST Sez 11:50 GMT March 10, 2004 Reply   
All we have to do is to be patient with no fresh pos.IMHO

Jakarta JacK 11:43 GMT March 10, 2004 Reply   
Guys, is there any clue where the EUR will go? up or down?

chicago cal 11:39 GMT March 10, 2004 Reply   
don't worry as soon as the yankees begin to trickle into their offices markets will move

Philippines newtrader 11:38 GMT March 10, 2004 Reply   
good day raden..

any forcast for euro?

SA Newbie 11:36 GMT March 10, 2004 Reply   
This is like watching paint dry!! Maybe more action during the NY session??

London HC 11:35 GMT March 10, 2004 Reply   
Market has a 2 hour wait until the US trade report comes out

saloniko 2004 nk 11:35 GMT March 10, 2004 Reply   
Good Morning...

To sleep or not to sleep? Thats a good size question..

I guess that is better some times in life let the others think that u are sleep while u have at least one eye open...

Lesson of Life ;)never sleep to earn a Good size Lifestyle..

*[email protected]>>!<<@!*

Nassau QF 11:07 GMT March 10, 2004 Reply   
Does anyone subscribe to http://www.economicindicators.gov ?

If so, how quickly do they email you the data after release?

chicago cal 11:06 GMT March 10, 2004 Reply   
I am however, short cable and long euro somewhat of a hedge we'll see what happens

France Lucky Strike 11:04 GMT March 10, 2004 Reply   
Short it all! if 1.2345 was the daily top on euro, then 1.2215 is the target to shoot.

chicago cal 11:01 GMT March 10, 2004 Reply   
for all you technicians out there:

gbp/usd is a buy above 1.8600 for 1.8750 and 1.8950 later on

eur/usd is a buy above 1.2468 for 1.2600 and 1.2700

gl, gt

Sydney bl 10:46 GMT March 10, 2004 Reply   
Makati Obelix
I hope so, good luck with your trade, and also good luck to everyone out there, thanks guys for helping each other

Indonesia Solo raden_masandi 10:40 GMT March 10, 2004 Reply   
KL KL.
what's happen my friend?
I am ok here. :-)

Sydney2 10:37 GMT March 10, 2004 Reply   
will USA data have a big impact on the market if far worse or better than expected? tia

Makati Obelix 10:37 GMT March 10, 2004 Reply   
Bl of Sydney. We are good traders in our own way. What kept most of us awake is due to inexperience and that's what separates us from traders like GEP. Over time, we shall get there.

Indonesia Solo raden_masandi 10:28 GMT March 10, 2004 Reply   
my subjective analysis
gbp/usd.
base of buy signal is built now to talk about 1.8323

KL KL 10:26 GMT March 10, 2004 Reply   
Raden, Raden!!?? gl

joburg oak 10:26 GMT March 10, 2004 Reply   
where is the eurusd heading guys

Indonesia Solo raden_masandi 10:18 GMT March 10, 2004 Reply   
gbp/usd only have time 4 minutes to go out from 1.8220 to get railway 1.8259

Sydney bl 10:16 GMT March 10, 2004 Reply   
Makati Obelix
I don't think I am a good trader, because if I have a position open, I just couldn't sleep, that's why I alway see dallas GEP around

Miami OMIL (/;-> 10:16 GMT March 10, 2004 Reply   
Well then Road I am glad to hear that the beer is still on you buddy lol.

beijing road 10:14 GMT March 10, 2004 Reply   
Omil: Actually I was stopped out with +122pips,lol.

Eastbourne PJ 10:13 GMT March 10, 2004 Reply   
Ldn - when I'm sleeping i usually have various limits etc set based on levels chosen by myself. More often than not these are profitable trades. I don't think a pager would benefit me anymore and my relationship is much better for it!! lol

Ldn 10:13 GMT March 10, 2004 Reply   
German economy had weak start into the year, says DIW think tank, predicting real GDP growth of 0.1% in 1Q compared with previous quarter. Says Jan industrial production and orders have been weak

hong kong nt 10:12 GMT March 10, 2004 Reply   
ab-- re: gold, whichever it is a wave B rebound from 390 or a start of new uptrend, the direction is up for 410...

Indonesia Solo raden_masandi 10:12 GMT March 10, 2004 Reply   
loose momentum now to get 1.8230. please forget it, but 1.8259.
gbp/usd

Brazil, JH 10:11 GMT March 10, 2004 Reply   
IST, yes thanks I couldn't find the bats blood so I got my mother-n-law blood its almost the same "old bats blood"
LOL

Pecs Andras 10:08 GMT March 10, 2004 Reply   
A German research institute cut the German growth forecast to 0.1% from earlier 0.4% in Q1.
Is this the promising growth these guys have been talking about all over Europe?

Indonesia Solo raden_masandi 10:08 GMT March 10, 2004 Reply   
touch 1.8206 to get 1.8230. ideally 1.8259
gbp/usd.

Ldn 10:04 GMT March 10, 2004 Reply   
Eastbourne PJ yes I do that pager under the pillow checking rates through the night - a little distracting though at times

U.K. J.B. 10:02 GMT March 10, 2004 Reply   
I find the more time i spend in front of a screen , the less productive i become. My game plan in place after a couple of hours work in the morning then a couple more hours in the afternoon. I feel i lose touch with the bigger picture otherwise and my charts are obviously updated on a regular basis. Everyone to their own, suits me trading for myself ,20 years experience.Sell stg if 1.8145 offered today s/l 1.8180 short term trade recomm.

Indonesia Solo raden_masandi 10:02 GMT March 10, 2004 Reply   
Sydney
dallas GEP is a money machine !! LOL :-)

Tallinn viies 10:02 GMT March 10, 2004 Reply   
hi guys
if you sold yesterday under 1,2450 then now after euro tested 50% retracement level at 1,2260/65 and slow stochastic crossing higher. also previous hour high is taken I suggest to take profit here at 1,2280/90 area,.
fwiw

IST Sez 10:00 GMT March 10, 2004 Reply   
Wellcome Brazil,
yesterday,your woodo worked very good ,frd.
doesnt it?
;)

Eastbourne PJ 09:57 GMT March 10, 2004 Reply   
I used to sleep with a Reuter's pager under my pillow but then my better half decided we should move somewhere else where there is no coverage.

Brazil, JH 09:55 GMT March 10, 2004 Reply   
Be careful not to burn out, I work 6am-6pm with
1 hour off for pool 10am , 1 hour lunch, 1 hour nap 3pm
GL :-)

Makati Obelix 09:52 GMT March 10, 2004 Reply   
bl of Sydney, does that mean you don't sleep as well? :)

IST Sez 09:52 GMT March 10, 2004 Reply   
GEP
I m not trade eur/gbp till 0,68
Thnx frd

Lndn Frnd 09:52 GMT March 10, 2004 Reply   
since i sleep turning from one side to another 2/3 times in the night. so i placed a mirror to show me screen from other side

Sydney bl 09:50 GMT March 10, 2004 Reply   
Dallas GEP do you ever sleep everytime I logon to this forum I always see you here

IST Sez 09:50 GMT March 10, 2004 Reply   
already shorted GEP.
at 8208 from 8178.
for new poss, I m late a bit.

Ldn 09:49 GMT March 10, 2004 Reply   
FX traders are a rare breed very dedicated they have to be to survive

ln 09:49 GMT March 10, 2004 Reply   
i find that if you write down when you will exit a trade then it is easy to sleep. i just set up a few alerts and the beds my friend.

RTM RB 09:48 GMT March 10, 2004 Reply   
The dreams, please tell us about the dreams of the traders :)

IST Sez 09:48 GMT March 10, 2004 Reply   
I mean eur/usd

ICT ML 09:47 GMT March 10, 2004 Reply   
shanghai bc 09:45...LOL/// one eye open and a screen next to the bed.:-)

shanghai bc 09:45 GMT March 10, 2004 Reply   

Good sleep is essential for good trading but most of the traders I know of seem to sleep with one eye open..

Quebec YQB 09:38 GMT March 10, 2004 Reply   
So its safe to assume that I'm just like you guys. running on little amount of sleep.

What gives with GBP/USD vs EUR/USD. looks EURO will ride on cable's coattails higher today

Dallas GEP 09:35 GMT March 10, 2004 Reply   
EUR/GBP Shorts SEZ!!

Miami OMIL (/;-> 09:35 GMT March 10, 2004 Reply   
Quebec YQB 09:17 GMT March 10, 2004
No pain no gain like GEP says. I usually go to sleep around 3 or 4pm est. time and try to catch some sleep then in Asian time is usually slow so I sleep some more then. The people around me are trying to get me to go to a mental hospital and others just don’t know what I look like anymore lol. You wait like a hawk all day and all night for the prey and in the end you end up in the menu. Oh well such is the life of a trader. You got to really love this or it would be nearly impossible to trade successfully. GL GT

What is going on SNP? Hope you are hanging in there.

Ina* mr.co'z 09:35 GMT March 10, 2004 Reply   
whats price Sez ? i got resistance minor cable at 1.8250

IST Sez 09:32 GMT March 10, 2004 Reply   
very strange price.!!!
???
whats going on????

LAX-LGB SNP 09:28 GMT March 10, 2004 Reply   
Quebec YQB 09:19 GMT March 10, 2004
Bloomberg says the EZ frat is losing members ... look before you jump ... GL nonetheless

TTYL (till NYC close)
l8erz y'all

LAX-LGB SNP 09:23 GMT March 10, 2004 Reply   
YQB ... as much as most of us would like to work according to GMT
the bad part of PST living is the noon-NYC close ... tres hard to celebrate profits
the best part of PST living is getting a nooner regardless of markets (j/k)

IST Sez 09:22 GMT March 10, 2004 Reply   
closed it for +30 pips frd
nice trade
LOL

LAX-LGB SNP 09:19 GMT March 10, 2004 Reply   
YQB ... nice question, in fact i'd like to see the answers myself

sleep depends on how we manage our risk/reward ratios but i doubt if a 'sleepless trader' can exist in Fx (the mind has to give in to the body after all)

pip-raiders & position traders probably sleep the best (40hrs+)

intra-day pickers sleep the least since by the time the first opportunity exhausts itself, a new one has developed

Quebec YQB 09:19 GMT March 10, 2004 Reply   
Dallas GEP 09:16

Yes I have to admit the European open session is more my favorite time. But as you can see its in the wee hours of the morning here.

I got to move to Europe.

Gold Coast martin 09:18 GMT March 10, 2004 Reply   
TRY living in australia and trade all 3 sessions.....

RTM RB 09:17 GMT March 10, 2004 Reply   
EUR/USD:

Today @ 13:15 GMT, I will take the following options positions (cheapest available):

400 * EUR call @ SEP/2004
400 * EUR put @ DEC/2004

Today @/until 18:30 GMT it will get even and leaves me with 6 or 9 months (hopefully, actually it will not take more than 1 month) for 400pips change (below 1.1850 or above 1.2650).

Will making money with money work?

Good luck and good trading

Quebec YQB 09:17 GMT March 10, 2004 Reply   
Miami OMIL (/;-> 09:14

Nice to see someone in the same timezone up and awake!

Dallas GEP 09:16 GMT March 10, 2004 Reply   
YQB, 3-4 hours MAX but trade all three sessions. My LEAST favorite session is US but it seems one of the most volatile.

Miami OMIL (/;-> 09:14 GMT March 10, 2004 Reply   
Quebec YQB 09:10 GMT March 10, 2004
What is sleep? LOL I get it when I can and most of the time is with one eye open LOL.

Ldn 09:12 GMT March 10, 2004 Reply   
Quebec YQB None

KL KL 09:11 GMT March 10, 2004 Reply   
IST Sez 08:50 GMT
What is your target for your long gbp? hit and run on 30 pips??

Quebec YQB 09:10 GMT March 10, 2004 Reply   
Just curious here. But how much sleep do you Forex traders get? especially those in my neck of the woods(which is EST)?

Dallas GEP 09:05 GMT March 10, 2004 Reply   
Martin, I already closed one layer of shorts on Aussie but the larger layer from .7615 is still very much alive with trailing stop now @ .7557. Even if Aussie comes back and hits my trailer, The profits on these aussie shorts are 2 times what the losses were on those shorts that were stopped out the other day on that bad data.

At this time, the aussie postion is the only one I have open because I beleive we are at possible break or retrace points on the other pairs BUT as we get closer to US session we will IMO see some USD billish postions possibly close out and provide better entry points for next round.

Calabash TarHeel 08:57 GMT March 10, 2004 Reply   
Miami OMIL
Again I thank you. totally understand.
GL
Tar Heel

Miami OMIL (/;-> 08:50 GMT March 10, 2004 Reply   
Thank you BC. This does not look good for the $ at the moment but we will see how this unfolds for the rest of the week.
Calabash TarHeel 07:43 GMT March 10, 2004
Miami OMIL (/;-> 07:34 GMT March 10, 2004

Do you mind if I ask your defination of reload if euro hits 2450 (Short or long), same on lower figures.

Just so there is no misunderstanding the positions I said I would reload on has to hold and reject the position not just hit it. I hope that did not confuse you.

IST Sez 08:50 GMT March 10, 2004 Reply   
long gbp at 8178

Indonesia Solo raden_masandi 08:42 GMT March 10, 2004 Reply   
hello !!
reuters have shown gbp/usd 1.8164 just now.
is this number will make new phase for long rally?

IST Sez 08:37 GMT March 10, 2004 Reply   
Closed my short at 2283.

sarasota jf 08:36 GMT March 10, 2004 Reply   
fwiw eurusd not expected today to break 1.2210-20 - today -

Dallas GEP 08:31 GMT March 10, 2004 Reply   
Late US saw some movement while I was away from board. Worked a couple of trades short on Pound and Euro with the trade desk on the phone but while that did make some money it was inefficient as you can imagine because you have no ability to trail stop efficiently. Plus THEY (trade desk) has no tolerance for asking about the on-going movements of the 4 or 5 cross pairs (LOL). It just goes to show that even with the large amount of time I personally spend in front of platforms, you are going to miss some opps when they occurr quite unexpectedly.

shanghai bc 08:31 GMT March 10, 2004 Reply   

Dollar has been largely ranging inside last Fri. move,so,nothing to be indicative of any new trend outside last week's move developing yet..A few things that may require trader's attention is,first,Gold is firm above Fri. close and Eur/Gbp has broken out of its long decline since mid.Jan and BoJ is all out with its trillion Dollar war-chest..Gold tends to lead non-Dollar crowd and BoJ billions tends to push up Eur/Usd via Eur/Jpy..Eur/Gbp and Gold were the weak flanks used by some real money folks to turn back the advancing euro army in 1.29 region..Fwiw..

Melbourne Qindex 08:30 GMT March 10, 2004 Reply   
EUR/AUD : The following is still valid :-


Melbourne Qindex 08:19 GMT March 8, 2004
EUR/AUD : The current expected trading range from my monthly cycle is 1.6255* - 1.6408* and the mid-point reference of 1.6255 - 1.6408 is 1.6332.

Ldn 08:25 GMT March 10, 2004 Reply   
Melbourne Qindex thanks for that , and for yesterday saved my bacon.

RTM RB 08:18 GMT March 10, 2004 Reply   
High EUR is a danger for exports from EU :)
Fact: German exports during 1st QTR. are 4% higher!

Melbourne Qindex 08:17 GMT March 10, 2004 Reply   
Ldn 08:13 GMT - AUD/USD : Once 0.7508 fails to hold one can see 0.7446 and 0.7473 without too much difficulty.

Ldn 08:17 GMT March 10, 2004 Reply   
EUR/USD: Rumours Of A Large European Sell Order In New York

IST Sez 08:16 GMT March 10, 2004 Reply   
shorted 1,2292.

Gold Coast martin 08:13 GMT March 10, 2004 Reply   
LDN...very good sound strategy.....

Ldn 08:13 GMT March 10, 2004 Reply   
Qindex 7480 good level ?

Ldn 08:12 GMT March 10, 2004 Reply   
Gold Coast Martin Going to buy the aud in the 74 region pre Data NY if seen today cos if its Bad all bets are off for higher USD, also keep in mind the employment data tomorrow can be very good and if so a fillip for the aud in the short term until RBA make their next move - I think that will be the deciding factor in the longer term

prauge viktor 08:10 GMT March 10, 2004 Reply   
Dallas GEP : hi at the end the aud/usd start to work to us G/L

Miami OMIL (/;-> 08:09 GMT March 10, 2004 Reply   
I am sorry to hear that Road but there is still a chance for the bulls to pull this off as long as the 1.2600 area is taken then the bulls will have a chance at the 1.29’s. I will be short until then. Hope you get it back.

Gold Coast martin 08:09 GMT March 10, 2004 Reply   
SARATOSA...I AGREE WITH YOU ABOUT THE URIDASHI BEEN ONE PART OF THE PUZZLE ...but in the short to medium term they greatly affect capital flows into australia which has been making the aussie such a volatile currency to trade with a tendency to overshoot thus defying market fundamentals....g/l g/t

Melbourne Qindex 08:08 GMT March 10, 2004 Reply   
AUD/USD : The odds are good that the market can penetrate through 0.7509.

MONACO OGA 08:05 GMT March 10, 2004 Reply   
FX UPDATE 10/03
Good morning,

***EUR***
EUR/USD (currently 1,2270), 160 pips lower than Tuesday's opening. 1,2450 proved too strong to crack yesterday and both GBP and EUR/JPY stops dragged EUR/USD lower to current levels(NY closing 1,2310, overnight low 1,2264). Most of friday's gains were erased and next support appears around 1,22 while first resistance now stands above 1,2320. Predicting the market reactions is getting more and more difficult nowadays with SOME evident lack of liquidity and appetite for stop loss orders. For today we would like to play the range 1,2200-1,2320. Overall we are neutral on the medium term.

Data out today:

US Trade balance Jan expected -42Bio USD 13.30 GMT
US wholesales inventories Jan expected 0,4% 15.00 GMT

Gold around 400,50 , with WTI April at 36,30.

***JPY***
USD/JPY (currently 111,30) was pretty stable most of the day (111,10-111,60) until Euope's closing where a rumour that BOJ was suspending their intervention in USD/JPY triggered some sharp move down to 110,20 (136,90 in EUR/JPY) before regaining current levels. Support for the day at 111,00 while resistance above of 111,70. Beware of any retest of the downsides since it is clearly the soft side.
EUR/JPY (currently 136,70) is looking to test 136 support zone.

***GBP***
Cable (currently 1,8190) lost 400 pips since yesterday morning, some widening trade deficit data triggering a huge sell off and erasing all the gains experienced since friday. Support shoud be around 1,8170 today but beware of any break lower that should trigger further stop sell orders. Resistance should appear ahead of 1,8300.
EURGBP (0,6750) rebounded on 0,6700 and appears to be building a base with 0,6610 an intermediate low. Strong multi day resistance at 0,6820, day support at 0,6700 . We are still favouring the downsides and a retest of 0,6650.
Have a nice day,

Olivier

Gold Coast martin 08:04 GMT March 10, 2004 Reply   
DALLAS...he he he...do you still have aussie shorts at 7492 from last week? g/l g/t..i have shortened aussie to 7495 for new york session.....

IST Sez 08:03 GMT March 10, 2004 Reply   
aus lt xsignal,
do u keep your short frm 1,2395 ?
thnx

Dallas GEP 08:02 GMT March 10, 2004 Reply   
Hello Friends. Aussie shorts working VERY VERY well from traded .7615. Looking for new possies to enter as usual.

beijing road 08:02 GMT March 10, 2004 Reply   
OMil: I hate you buddy,lol. Is that you kicked me out at 1.2320 this morning? Happy trade and make tons of money.

sarasota jf 08:00 GMT March 10, 2004 Reply   
Gold Coast martin 07:58 GMT March 10, 2004
give it a break on uridashis for a while - think you are overvaluing something that is one piece of a puzzle - imo

Calabash TarHeel 08:00 GMT March 10, 2004 Reply   
Miami OMIL (/;-> 07:54 GMT March 10, 2004

Thank you for your reply.
GL

Gold Coast martin 07:58 GMT March 10, 2004 Reply   
LDN...that is technically very correct....how much upward movement would you expect from that range given that at 4.15 local time a major uridashi deal has not eventuated and there a further 4 feals that will not happen in the next 2 days?

Melbourne Qindex 07:56 GMT March 10, 2004 Reply   
The following is still a good reference :-

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 06:22 GMT March 9, 2004
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.

prague mark 07:56 GMT March 10, 2004 Reply   
how to define trader who Monday morning had 7020 USD
and now is left with 256 USD - is there different word than LOOSER? - TIA

Nottingham Daniel 07:55 GMT March 10, 2004 Reply   
Good Morning All

GMT - Times

10 Mar. 04 13:30 Trade Balance (US)
10 Mar. 04 13:30 New Housing Price Index
10 Mar. 04 13:30 International Merchandise Trade (Canada)
10 Mar. 04 15:00 Wholesale Inventories (US)
10 Mar. 04 15:30 API / DOE Weekly Crude Oil
10 Mar. 04 20:00 RBNZ Official Cash Rate (New Zealand)

Miami OMIL (/;-> 07:54 GMT March 10, 2004 Reply   
Calabash TarHeel 07:43 GMT March 10, 2004
I said I was short on the position when I reload I am always going short on the position. Hope that helps.

Ldn 07:52 GMT March 10, 2004 Reply   
Aussie A break below 0.7540 would target a move towards
0.7480/0.7500. The 100-day moving average comes in around 0.7480 and a sustained break below that level would be a bearish event

Nairobi, Kenya Jk 07:51 GMT March 10, 2004 Reply   
beijing road 07:47
Thats why its called the beast. Take heart you will make some more. some you lose some you gain.

beijing road 07:50 GMT March 10, 2004 Reply   
ML: maybe we will get a chance to reload cable long again after US data comes out. I love this crazy mkt.lol

beijing road 07:47 GMT March 10, 2004 Reply   
The cable is too crazy. It has lost 400pips within 24h.

aus lt xsignal 07:46 GMT March 10, 2004 Reply   
forget 1.24 again unless you are living in a dream world

aus lt xsignal 07:45 GMT March 10, 2004 Reply   
only euro shorters will make money until euro reaches 1.1990 thank u

Calabash TarHeel 07:43 GMT March 10, 2004 Reply   
Miami OMIL (/;-> 07:34 GMT March 10, 2004

Do you mind if I ask your defination of reload if euro hits 2450 (Short or long), same on lower figures.

TIA
TarHeel

Quebec taro 07:35 GMT March 10, 2004 Reply   
Wien GD 07:31 GMT

GD thank you for the information

Miami OMIL (/;-> 07:34 GMT March 10, 2004 Reply   
Looks like there is still more moves for eur/usd but I don’t know how much firepower this move has left. Just incase I locked in some more profits from my short at 1.2270 and will reload if 1.2450 or 1.2500 holds. The next scenario is if this continues south I will reload around 1.2150-60 area. Either way have plan B and C ready at all times IMHO.

Wien GD 07:31 GMT March 10, 2004 Reply   
What means uridashi?

Was explained from St. Louis SAJ 23:06 GMT March 3, 2004
Vancouver maq -- Uridashi bonds are retail securities sold into Japan by foreign borrowers under a shelf registration system, which enables prospective borrowers to complete the necessary documentation and meet regulatory requirements for a deal, then issue at leisure.

The whole idea is to tap Japanese citizens' enormous pool of savings, and this scheme is very attractive to Japanese citizens because the borrowers are inevitably in high-interest nations (anyone is ''high'' compared to Japan, of course). So, the citizens benefit by earning rates that they could not achieve within Japan, and the borrowers benefit by obtaining capital at rates lower than available in their own nation.

Hope this is useful to you, and good trading!

Wien GD 07:21 GMT March 10, 2004 Reply   
Quebec taro: seach archiv ... was explained one of the last days (monday?)

Ldn Hat 07:16 GMT March 10, 2004 Reply   
ICT ML No worries, I get the trades wrong too but the stops are there to help, or sometimes destroy. :-) IMHO

ICT ML 07:13 GMT March 10, 2004 Reply   
Good Morning Hat...I'm doing pretty well this year so far.this week is a dud though ...bad timing ...I see you are on FIRE again lately on our favorite GBP trades.......

Ldn Hat 07:07 GMT March 10, 2004 Reply   
Hey ML, GEP how is it going?

Melbourne Qindex 06:55 GMT March 10, 2004 Reply   
EUR/USD : Current Comment.  Register with [email protected] if you have no access to my page.

Melbourne Qindex 06:53 GMT March 10, 2004 Reply   
IST Sez 06:42 GMT - Thank you for your kind words. Rnages will change after the New York session. We have to run the new projections from time to time and guess the ranges.

Gold Coast martin 06:49 GMT March 10, 2004 Reply   
shortened aud to 7495 ahead of ny session.....

Ldn Hat 06:46 GMT March 10, 2004 Reply   
Shorted GBP/USD at 1.8260 stop 1.8350 target 1.8150 IMHO Thanks

ICT ML 06:45 GMT March 10, 2004 Reply   
OMIL...I called, they "reserved a price" for me to close at...I said do it, but price is back my way now, possies still open, bet $$$ they close them out soon at that other price and I don't get to keep this small profit........and they just did it....assses.....

SA getFX 06:44 GMT March 10, 2004 Reply   
Cable turned at 06:27 GMT at 1.8253. Now going down again. Do you want chart screen image?

IST Sez 06:42 GMT March 10, 2004 Reply   
Morning every body(GMT06:38)
.
Melbourne Qindex,
Great work Sir.Any change about your range ?

Dallas GEP,still short from 1,2384 frd ?
thnx for valuable and sensible replies frds.

Miami OMIL (/;-> 06:41 GMT March 10, 2004 Reply   
I hear you ML good thing it is happening now when it is slow for a change.

Melbourne Qindex 06:39 GMT March 10, 2004 Reply   
nyc sa 06:38 GMT - GBP/USD : My daily cycle quantised levels has been posted in my page.

ICT ML 06:39 GMT March 10, 2004 Reply   
thanks Sfx....getting hosed here now.....shut down all servers then moved the quotes on us....no choice but to close it all out and reaise helll later

nyc sa 06:38 GMT March 10, 2004 Reply   
hi qindex ,do u have a range for gbp/usd for tomorrow ? up or down ? thnx

Makati Obelix 06:37 GMT March 10, 2004 Reply   
I have 1.8253 bid for Beast.

melb 06:37 GMT March 10, 2004 Reply   
1.8264/9 bloody f .x . c . m

SPB Mike 06:36 GMT March 10, 2004 Reply   
8264/69

SA getFX 06:36 GMT March 10, 2004 Reply   
GBPUSD: 18267

Singapore Sfx 06:35 GMT March 10, 2004 Reply   
1.8266/68 cbl

ICT ML 06:33 GMT March 10, 2004 Reply   
GBP/usd price PLEASE....broker is offline now....they have a "problem"...

Melbourne Qindex 06:26 GMT March 10, 2004 Reply   
Miami OMIL (/;-> 06:15 GMT - Thank you for your kind words. GBP/USD is going to be very volatile today.

Melbourne Qindex 06:25 GMT March 10, 2004 Reply   
EUR/USD : Speculative selling will increase when the market fails to stabilize around 1.2316.

Quebec taro 06:19 GMT March 10, 2004 Reply   
Gold Coast martin 05:38 GMT

What is uridashi ?

KL KL 06:16 GMT March 10, 2004 Reply   
Everybody is predicting a improved deficit like the unemployment figure. My hands are getting ready to long as I think the Deficit will widen. Simple reason .....last month figure and because of OIL. Last month figures when USD was the weakest and therefore cost more to purchase goods. I think this is the "flooring" for many currency. That does not mean $ cannot strengthen as people call it lagging indicator...too many mind games at play now...

Miami OMIL (/;-> 06:15 GMT March 10, 2004 Reply   
Qindex great calls on your forecast overall as usual. Eur/usd front had a fall out as expected and almost reached the last fib retracement levels. With intraday indicators in O/S territory this keeps the bulls with enough life to keep fighting another day as long as 1.2270-75 holds we should see a rebound to 1.2345-50, 1.2365-70 and 1.2385-90. If 1.2400 goes then the bull are in charge again and will undoubtedly try to bust up the heavy resistance at 1.2440-50 area to pursue the next fib level (1.2590-2600). Resistance is found now at 1.2340-50, 1.2380-90 and 1.2440-50 territory. We will have to keep an eye on the development of the eur/gbp, and gold movement as BC suggested which IMO kept the eur/usd from falling even further yesterday. Later on today we will have news from the US and that is probably what most traders are waiting for to fuel the fire again. I believe that the US should get good numbers but we will see IMHO. Winners and losers yesterday the eur/usd performed a whipsaw that probably frustrated a lot of intraday traders well that is part of the business. I also lost yesterday even thought I had the right call for my intraday position after all. I try to keep loses to a minimum so I don’t have to worry about this things that will happen more often than I would care for. Sorry for taking up so much space but the point is money management (very important). GL GT

Melbourne Qindex 05:52 GMT March 10, 2004 Reply   
GBP/USD : Current Comment.  Register with [email protected] if you have no access to my page.

chester wb 05:43 GMT March 10, 2004 Reply   
use english

Ldn 05:42 GMT March 10, 2004 Reply   
Gold Coast martin I know, thats why I posted it thought you would like it .. cheers.

Indonesia Solo raden_masandi 05:40 GMT March 10, 2004 Reply   
to all my Indonesian
GBP/USD (1.8249)
Sejak menyentuh level 1.8587 ternyata tekanan jual semakin besar setelah menembus level 1.8435 sebagai perkiraan swing terjauh.

Saat ini harga sedang ada pada kondisi kritis setelah mencoba naik kembali dari level low di 1.8221. Secara longterm emotion chart sangat potential harga naik kembali meneruskan trend up menuju 1.9295 sebagai puncak extreme harga. Ada dua level yang berpotential sebagai titik pemberangkatan harga ke 1.9295 tersebut yaitu level 1.8221 atau 1.8164. Hati-hati dengan level tersebut karena sangat berbahaya untuk posisi sell.

Emosi jual akan sangat besar jika harga muncul 1.8150 yang sangat berpotensi menekan harga ke 1.7755.Jika 1.8150 muncul, maka confirmasi penurunan harga ke level 1.7755 akan cukup jelas terbaca.

Untuk daily trade jika muncul 1.8215 berarti kemungkinan besar harga akan test ke 1.8164 hari ini. Selama harga tersebut belum muncul hal tersebut mengindikasikan sebagai persiapan gerakan longterm untuk naik. Kenaikan objective yang bisa diharapkan hari ini adalah ke area 1.8360-80 dengan asumsi berangkat dari level 1.8221. hati-hati dengan area 1.8360-80 sangat potensial menekan harga untuk turun kembali, tetapi jika muncul 1.8415 hal tersebut berarti kemungkinan besar harga akan test ke level 1.8473. hal yang perlu diwaspadai adalah area 1.8360-1.8410 karena area ini berpotensi menekan harga untuk jatuh kembali.

EUR/USD(1.2314)
Pola harga sedang berada di daerah swing pola longterm. Emosi beli secara longterm masih terlihat dominan.Konfirmasi menuju target 1.2887 adalah jika hari ini harga mampu menembus level 1.2484, tetapi jika hari ini harga tidak mampu menembus level tersebut, maka konfirmasi kenaikan harga akan valid jika harga bertahan di atas level 1.2385. Hati-hati dengan level 1.2385 di pasar Eropa hari ini karena berpotensi menekan harga kembali.

Kemungkinan titik pemberangkatan harga ada pada level 1.2260 atau 1.2225-17. Jika level ini muncul di pasar Eropa, maka besar kemungkinan harga akan berosilasi sampai 1.2385 dan jika muncul 1.2400 maka konfirmasi menuju 1.2889 mulai terlihat tetapi perlu diwaspadai level 1.2474-84 berpotensi menekan harga minimal ke


level 1.2385 kembali atau kle level 1.2323. Situasi berbahaya untuk posisi sell adalah jika muncul harga 1.2160

Untuk daytrade level objective yang bisa diharapkan adalah 1.2540, dan diperkirakan level ini akan dikejar dari titik 1.2260 atau 1.2225-17. Hati-hati dengan level 1.2540 karena berpotensi menekan harga kembali.

USD/CHF(1.2816)
Level target 1.2591 masih cukup valid untuk bisa diharapkan dengan asumsi berangkat dari level 1.3073. Hati-hati jika muncul harga 1.3088 hal tersebut mengindikasikan bahwa harga akan test high di 1.3329 sebagai level puncak harga.

Target level cukup objective di 1.2461 masih valid untuk diharapkan ada. Hati-hati jika 1.2461 muncul hari ini akan sangat potensial untuk mengangkat harga kembali ke level 1.2636 dalam rangka gerakan osilasi
Level objective yang bisa diharapkan hari ini adalah 1.2630 atau 1.2591. hati-hati dengan level ini karena berpotensi untuk mengangkat harga kembali.Tekanan jual akan sangat besar jika muncul harga 1.2440 mengejar level 1.2040.

USD/JPY(111.31)
Pola harga sudah dpat konfirmasi menuju level 109.58 dengan asumsi pemberangkatan dari level 111.60.Hati-hati dengan level 109.58 karena berpotensi sebagai titik pemberangkatan untuk naik kembali tetapi bukan untuk trend up melainkan untuk kategori swing saja.

Jika level 109.58 terkejar, maka kemungkinan besar harga akan mengejar level berikutnya yaitu ke level area 108.73-51.Gerakan harga ini mamapu membawa harga pada gerakan spiral ke level 105.39 kembali sebagai bottom harga.

Pola harga sedang dalam emosi selling sebagai reaksi puncak harga di 112.30. Jika harga muncul 112.45 hal tersebut berarti pola harga mengejar level terdekatnya di 113.44. level ini berpotensi menekan harga cukup jauh, tetapi jika muncul harga 113.60 hal itu berarti harga mengejar level 114.99. Level ini juga sangat berpotensi menekan harga untuk turun kembali. Konfirmasi untuk mengejar 117.94 adalah jika muncul harga 115.20.

Hati-hati dengan level 117.94 sangat berpotensi sebagai puncak harga.

Gold Coast martin 05:38 GMT March 10, 2004 Reply   
LDN....terrific article,confirms what i have been saying about uridashi for the last 3 weeks...the short /medium and long term of uridashi on the aud will depend on the how many deals get actually done...i will keep you posted on how many deals actually get done....the ones in the pipeline that analysts always talk about are just that:'pipedreams"///

Indonesia Solo raden_masandi 05:38 GMT March 10, 2004 Reply   
My View :
10 March 2004

GBP/USD (when at 1.8249)
Since touch 1.8587 selling pressure so big after break 1.8435 as maximal swing prediction. Now price is on the critical situation after try move up again from low 1.8221. If we see longterm emotion chart is very potential move up to get 1.9295 as the extreme top. There are two numbers that potential as the start of up movement to get 1.9295. That numbers are 1.8221 and 1.8264. Be carefull if price show you 1.8150 that potential to push chart until 1.7755. If 1.8150 be shown, the confirmation to get 1.7755 be done an clear.
For daily trade if show you 1.8215 that’s mean very possibility to tes 1.8164 today.If that price not yet be shown that’s mean as the preparing of long term movement for up. The up movement objective that can be hope today is to area 1.8360-80 with assumtion move from 1.8221. Be carefull with that area 1.8360-80 is very potential to push chart back down, butif show 1.8415 that’s mean give you high possibility price will test to 1.8473. Must be look out for area 1.8360-1.8410 because this area give you potential to push chart falling down again.

Eur/usd(when at 1.2314)
Now price is on the swing way for longterm pattern. Buying emotion seen still dominant now.Confirmation to get 1.2887 is if today price able to break 1.2484.But if not likethat confirmation of up movement will be valid if price defence above 1.2385. Be carefull with 1.2385 because that number is very potential get selling emotion.

The possibility of start point is at 1.2260 or 1.2225-17. If this level show you in Europe Market, that’s mean price give you high probability will move on oscilation until 1.2385 and if show you 1.2400 the confirmation to get 1.2889 will be clear. Need be thinking area 1.2474-84 because fgive you chance push chart minimal to get 1.2385 again or to level 1.2323. The danger situation for selling position if show you 1.2160.

For daytrade objective level that can be hoped is at 1.2540 and be predicted from this level is at 1.2540 and be predicted too this level will be touch from 1.2260 or 1.2225-17. Be carefull with 1.2540 because very potential carry price down again.

USD/CHF(when at 1.2816)
Traget level 1.2591 is still valid to be hoped with assumtion move from high 1.3073. be carefull if show 1.3088 that’s mean as indication that price will test high at 1.3329 as the extreme top.

Objective level is at 1.2461 still valid to be hoped. Be carefull if 1.2461 show you because very potential to drift of price until 1.2636 as the oscilation movement.
Objective level that can be hoped for today is 1.2630 or 1.2591. be carefull with that level because can bring price move up emotion. The selling pressure will be so big if show you 1.2440 to get 1.2040.

USD/JPY(when at 111.31)
Price have get confirmation to get 109.58 with assumtion move from start point at 111.60. Be carefull with 109.58 because very potential as the bottom but not for up trend )only swing movement).

If 109.58 be get, there is high possibility to get next level at 108.73-51. This movement able to carry to get spiral movement until 105.39 as bottom price.

Price is on the selling emotion as the reaction from 112.30. if price show you that’s mean price will get the nearest target 113.44.. 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.


My best regards,
Raden Mas


sgp sp 05:38 GMT March 10, 2004 Reply   
hk ab, yes.....may I know what time frame and targets are you looking for?

gl & gt 2 u.

P/S : still holding usd/cad longs? it is trying to climb out of the Grand Canyon.

hk ab 0.66 05:29 GMT March 10, 2004 Reply   
sp// hope that you have collected some aud/nzd yesterday.

Melbourne Qindex 05:26 GMT March 10, 2004 Reply   
GBP/JPY : Current Comment.  Register with [email protected] if you have no access to my page.

Ldn 05:24 GMT March 10, 2004 Reply   
FX ASIA: A$ At Risk From Japanese Loss Of Interest
SYDNEY The Australian dollar is looking vulnerable to a loss of interest from Japanese investors, who have been at the forefront of the currency's strong gains in previous months.
One of the main vehicles for Japanese investors to buy Australian dollar assets is Uridashis, retail bonds issued in the Japanese market by offshore institutions.
Westpac senior currency strategist Robert Rennie said Uridashi issuance started 2004 "with a bang," but there are now several factors that point to a slowdown.
"These issues are the appreciation in the Nikkei, the current level of Australian dollar against the yen, the recent sell-off in Japanese government bonds and the approach of (Japan's) fiscal year end," he said. The Nikkei 225 stock index, although weaker Wednesday, is still just below a 21-month high.
"The rule of thumb is that when the Nikkei rallies, interest in Australian dollar debt slows," Rennie said.
He said the risk is now that the recent strong issuance of Uridashis, which totaled A$2.3 billion in February, comes off the boil.
He said another factor working against Uridashi interest is the current elevated level of the Australian dollar against the yen.
The current level of Y84.09 is well above the Y80.00 at which Japanese investors are said to become cautious about buying Australian dollar assets, Rennie said.
"Above Y80.00 is problematic for the Japanese; above Y85.00 is getting ridiculous," Rennie said.
He said the high level of the Australian dollar against the yen increases the likelihood that Japanese investors will decide to book profits, especially if they entered the market when the Australian dollar was below Y70.00, as it was for much of the past three years when A$23.7 billion was issued in Uridashis.
The recent sell-off in Japanese government bonds and the March 31 end of the fiscal year are other factors that would tend to crimp Uridashi issuance, Rennie said.
Rennie said that while he is cautious on the Australian dollar's prospects, it doesn't mean he's expecting the currency to lose ground rapidly. "It's just that there are more risks to the downside," he said. Another theme starting to emerge, Rennie said, is increasing risk aversion, which normally hurts the Australian dollar as it is perceived as a growth currency. "The market may be looking to dump risk-seeking trades. The market is flicking to risk-aversion mode," he said, citing the recent poor performance of the Nasdaq stock index in the U.S., which also suffers when risk aversion rises, it is apparent that the risks are lining up for a weaker Australian dollar.

Dow

Stockholm za 05:14 GMT March 10, 2004 Reply   
Gold Coast martin 04:39 GMT March 10, 2004
INTERESTING TO NOTE...Not just for the next 2 days....because since many years ago Dr quindex has been spot on with his analysis, not only on the euro..&..once a trend develops i am sure his system will provide new analysis as well.………lol
Nice to see U had a wake up call………..
Many happy trades to you……..

Gold Coast martin 04:55 GMT March 10, 2004 Reply   
stockholm....because since yesterday Dr quindex hs been spot on with his analysis on the euro....once another trend develops on the euro then i am sure his new analysis will be spot on as well...

Stockholm za 04:53 GMT March 10, 2004 Reply   
Gold Coast martin
INTERESTING TO NOTE.... WHY just for the next 2 days ??

Gold Coast martin 04:39 GMT March 10, 2004 Reply   
INTERESTING TO NOTE....for the next 2 days if traders are looking for guidance in order to form strategies they should follow Dr QUINDEX current analysis on the EUR/USD...it is very helpful....

Eilat Dolphin 04:00 GMT March 10, 2004 Reply   
I see the E out of steam, thus as I type it climbs. But still...

beijing road 03:51 GMT March 10, 2004 Reply   
WOW, what a crzay mkt! This morning EUR lost 100+pips in 10m against usd and stopped me out 1.2320 longed at 1.2198 last Friday.

Stockholm za 03:49 GMT March 10, 2004 Reply   
Eilat Dolphin….If you have deeper pocket than them, then you are welcome to play their game……..( Eco war`s )
. It makes me wonder what these guy`s (Does) normally be talking to each other on the telephone about….. And as usual we are always the last to know, through the after shock….
(Evidence) of trying to predict the future price actions is/or maybe becoming a fading pursuit… I guest the humble hunter who trailes (follow) the price activity will be well rewarded….
Trade safe & GL

Melbourne Qindex 03:36 GMT March 10, 2004 Reply   
Chicago YM 03:30 GMT - GBP/JPY : 201.55 for today.

hong kong nt 03:36 GMT March 10, 2004 Reply   
Indonesia bahari2003 03:29 -- after some hefty gain, eg hang seng ~70%, dji/nikkei ~50%, if profit taking cycle on nikkei starts y'day, it may take more than a few days to get completed...

Chicago YM 03:30 GMT March 10, 2004 Reply   
what time frame are we talking about Qindex?

Indonesia bahari2003 03:29 GMT March 10, 2004 Reply   
hong kong nt 02:44 GMT March 10, 2004
fine thanks, I closed long niki too yesterday and open short at 11530 after bad machiney data. do you think can it break 11330 level for today? tx

Melbourne Qindex 03:28 GMT March 10, 2004 Reply   
Melbourne Qindex 03:28 GMT March 10, 2004
GBP/JPY : Heading towards 199.69 - 200.72.


Chicago YM 03:26 GMT March 10, 2004 Reply   
oh ok

Gold Coast martin 03:26 GMT March 10, 2004 Reply   
CHICAGO....i was referring to us trade data

Melbourne Qindex 03:25 GMT March 10, 2004 Reply   
GBP/JPY : Heading towards 200.72.

Chicago YM 03:21 GMT March 10, 2004 Reply   
Gold Coast Martin, when does the trade information come out for aus?

Gen dk 03:18 GMT March 10, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Gold Coast martin 03:15 GMT March 10, 2004 Reply   
sorry...it should be 7555

Ldn 03:14 GMT March 10, 2004 Reply   
Gold Coast Martin, Ok thanks

Gold Coast martin 03:12 GMT March 10, 2004 Reply   
LDN.....AUD at 7550 is in a directionless mode and in the short term will trade between 7755-7572...for next 4 hours.... approaching ney york session and close to the release of the trade deficit data we will see a drop to 7490...provided data comes in under 42bln/....g/l g/t

Ldn 03:08 GMT March 10, 2004 Reply   
AUD/USD: European Bank trigger stops IFR say on aggresive selling

Ldn 03:06 GMT March 10, 2004 Reply   
Gold Coast Martin if your around, think we may see under the figure (75) ? anyview

Ldn 03:05 GMT March 10, 2004 Reply   
Eilat Dolphin if I hear anymore I will cheers

Eilat Dolphin 03:04 GMT March 10, 2004 Reply   
Ldn/ Please keep the info flow on him. I don't see them.

hong kong nt 03:03 GMT March 10, 2004 Reply   
ab -- i have a feeling that GBP may hit 1.790 before reversal

hong kong nt 03:01 GMT March 10, 2004 Reply   
ab -- lucky to close nikkei long and dji short last night, thanks to Economist...

hong kong nt 03:00 GMT March 10, 2004 Reply   
ab -- if gbpjpy and eurjpy are not ready to break 210 and 140 big res, no hurry to go long gbp or eur...

Eilat Dolphin 03:00 GMT March 10, 2004 Reply   
ab/ We are fighting a wilcat, blind, while riding a rollercoaster.

Ldn 02:54 GMT March 10, 2004 Reply   
Eilat Dolphin I normally would not but the analyst who Tom , I have watched for several months on Bloomberg in the Market watch section at the weekend and found him to be very accurate that is why I am going to keep an eye on the view he has. .. he called for the top on the Euro for the time being over two weeks ago after the last failure from the high even though most were not. Just like his track record .

hk ab 0.66 02:54 GMT March 10, 2004 Reply   
nt// mkt seems often like to go against me... hehehe.

when I decided to plan some eur longs when I see 1.2430 was seen again.. immediately, I see 1.2320 printed the next morning wake up.......

now flat on eur, long chf are still there.

fwiw, eur/gbp is above 20 dma.

Eilat Dolphin 02:47 GMT March 10, 2004 Reply   
Ldn/ Thanks. I did not forget that post. Just didn't give it enough credibility or strength.

Eilat Dolphin 02:45 GMT March 10, 2004 Reply   
za/ Hi! Thus if any of both MOF moves is not a mistake, they also told us they can buy a 100 pips in five minutes.

1/ In a skeletical market, that is.
2/ At a high price for their buildup credibility.

But I am still not convinced at the validity of those moves.
Thus, I'd avoid the Yen crosses for a while. The Tiger should be hungry.

Here goes the E. Did Schroeder swallow a beigélé too ?

hong kong nt 02:44 GMT March 10, 2004 Reply   
indonesia bahari2003 -- how're you?

Ldn 02:42 GMT March 10, 2004 Reply   
Eilat Dolphin as I mentioned yesterday on a remark from Tom Hougaard City Index - on CNBC european squawkbox, he suggests that the Fed admin are probably not calling the Dollar down further due to the high oil price and inflation in the pipeline due to commodities and therefore a lower dollar will in the longer run be bad for the US economy. I have contacted Geof Cuttmore asking him to find more out about the subject.

Stockholm za 02:35 GMT March 10, 2004 Reply   
Japan MOF Mizoguchi: US Econ Relative Strength Unchanged

TOKYO (Dow Jones)--Japan's currency pointman declined to comment Wednesday on
whether Tokyo intervened in foreign exchange markets overnight, but said the
relative strength of the U.S. economy is unchanged, implying the dollar should
hold firm against other currencies.

Vice Finance Minister for International Affairs Zembei Mizoguchi added that
the ministry's stance on foreign exchange is unchanged, underlining that the
MOF remains determined to stem any rise in the yen against the dollar.

On the U.S. economy, Mizoguchi said: "I think U.S. employment conditions are
in line with" the strength of the U.S. economy overall. His remarks suggest
that, in the MOF's view, weak U.S. job data Friday didn't provide a reason for
selling dollars.

Foreign exchange traders said Tuesday in New York that the Bank of Japan,
which acts on behalf of the MOF, suddenly withdrew its bids for dollars via
agent banks at around Y111.10, causing the dollar to plunge as low as Y110.25.


Unlike Monday, however, when it was content to let the dollar settle at its
session lows, the BOJ almost immediately roared back into the market
aggressively buying dollars above the market rate to send the greenback higher,
traders said.

At 0120 GMT Wednesday, the dollar was changing hands at Y111.22, down from
Y111.28 late Tuesday in New York.
-By TN

Eilat Dolphin 02:30 GMT March 10, 2004 Reply   
Ldn/ The whole actual formula of $ strentgh by analysts makes no sense if you figure that:
1/ Both US deficit keep their magnitude.
2/The same analysts said when the E was at 1.28 that 132 etc is in the pipes.
3/ Bush wasn't yelling nucoolar on Snow&co because of the $ lows.

Thus I think the tide will flow up soon, at latest.

MTL Dakard Cain 02:25 GMT March 10, 2004 Reply   
Eur/usd will probably keep its downside till 1.2251, imho.

Ldn 02:17 GMT March 10, 2004 Reply   

Dollar May Strengthen in Asia U.S. Retail Sales, Confidence May Have Risen

http://www.bloomberg.com/news/markets/currencies.html

Ldn 02:13 GMT March 10, 2004 Reply   
Eilat Dolphin hi there saw the report yesterday and trying to locate it but having a problem.. not sure who put it out but noticed they said the date out this week would be dollar positive.

Eilat Dolphin 02:04 GMT March 10, 2004 Reply   
LDN/ Would you know if the deficit number is corrected for the number of days in Feb ?

Eilat Dolphin 02:02 GMT March 10, 2004 Reply   
Either way! Or the MOF wants to show the world what happens when they break for coffee, or they show us that they are at the end of the yard.

Since they did it twice, it should be a signal, not a human error, nor the "see what we do to dump our money.

Disclaimer/ sitting on hands.

Melbourne Qindex 01:48 GMT March 10, 2004 Reply   
MTL Dakard Cain 01:44 GMT - You have to send an e-mail to Jay at [email protected] and he will arrange you to see my page as soon as possible.

Ldn 01:45 GMT March 10, 2004 Reply   
Talk the Deficit in the US will be better $35bln

MTL Dakard Cain 01:44 GMT March 10, 2004 Reply   
Hi Qindex,

I tried to login your page with [email protected], but got an error page. Any password needed?

Thx

Caribbean! Rafe... 01:41 GMT March 10, 2004 Reply   
EUR/USD UPPER BANDS 1.2335 1.2350 1.2368 1.2382 1.2397 1.2415 1.2444
LOWER BANDS 1.2306 1.2291 1.2273 1.2259 1.2244 1.2226 1.2197

TOKYO HEY 01:39 GMT March 10, 2004 Reply   
dc fxq 01:27 GMT >

Maybe they realized that success on surface makes no sense.
They want to become a REAL conquistador that invisible from surface...MUUUUUUUU.

Haha.

I'm just kidding.Don't be serious.LoL

dc fxq 01:27 GMT March 10, 2004 Reply   
TOKYO HEY 00:52 GMT well they tried attaking Pearl Harbor in the 1940's and the did so financially in the 1990's buying everything in sight. Neither was more than a temporary success. Face, they are now overshadowed by none other than their former victim, le Chinios (sp?).

Melbourne Qindex 01:27 GMT March 10, 2004 Reply   
EUR/GBP : Current Comment.  Register with [email protected] if you have no access to my page.

Ldn 01:22 GMT March 10, 2004 Reply   
AUD/USD likely to test 0.7560-85 support JP Morgan analyst Jordan Kotick says fall below 0.7560 trendline support for pair will be bullish USD signal. Australia consumer sentiment index's 3.8% fall in March from February may be due to recent falls in AUD/USD, talk of RBA rate rises, negative news flow surrounding weak property auction clearance rates AP

Melbourne Qindex 01:14 GMT March 10, 2004 Reply   
Melbourne Qindex 01:14 GMT March 10, 2004
EUR/GBP : 44-day Cycle Quantised Levels


Set A : ... // 0.6642* - 0.6669 - 0.6695 - 0.6722 - 0.6748* - 0.6775 - 0.6801 - 0.6828 - 0.6854* // ...

Melbourne Qindex 01:05 GMT March 10, 2004
EUR/GBP : 22-Day Cycle Quantised Levels


Set A : ... // 0.6687* - 0.6703 - 0.6718 - 0.6733 - 0.6748* - 0.6764 - 0.6779 - 0.6794 - 0.6809* // ...

hk 8888 01:07 GMT March 10, 2004 Reply   
Fannie Mae faces $25bn derivatives losses
By Stephen Schurr in New York
Last Updated: March 9 2004 19:31GMT
FT

Fannie Mae paid a net $25.1bn on derivatives transactions in under four years - nearly all of which may represent losses that cannot be recouped, in turn depressing future earnings.


The potential scale of the liabilities, which have yet to be recognised in the company's earnings or in the minimum capital adequacy required by its regulator, raise fresh doubts about the financial health of the mortgage finance giant.

Regulation of Fannie Mae and its sibling Freddie Mac is rapidly moving up the agenda in Washington, amid concerns that the two goverment-sponsored entities have grown so big that they pose a systemic risk to the US financial system. The two entities own or guarantee mortgages totalling $4,000bn.

On Tuesday John Snow, US Treasury secretary, renewed the criticism, saying: "We don't believe in a too-big-to-fail doctrine, but the reality is that the market treats the paper as if the government is backing it."

His comments follow similar warnings from Alan Greenspan, chairman of the Federal Reserve, and Gregory Mankiw, chairman of George W. Bush's council of economic advisers.

Fannie Mae acknowledges it has taken losses in its derivatives trading that have not yet been recognised it its earnings, but declines to disclose the amount. The reason, said Jonathan Boyles, vice-president of financial standards and taxes at Fannie Mae, is that "we don't believe it's all that meaningful".

Next Monday Fannie Mae is due to release its annual "fair value disclosure"
- a statement of the current market value of its derivatives positions. Observers will be watching to see if the gap between the company's regulatory capital and fair value has widened further than the $6bn shortfall of a year ago.

An independent analysis of Fannie's accounts suggests it may have incurred losses on its derivatives trading of $24bn between 2000 and third-quarter 2003. That figure represents nearly all of the $25.1bn used to purchase or settle transactions in that period. Any net losses will eventually have to be recognised on Fannie Mae's balance sheet, depressing future profits.

Fannie Mae maintained that the losses from cashflow hedging will have no bearing on the capital adequacy required by its regulator.

However, critics increasingly question whether Fannie Mae's financial disclosure offers a complete picture of its fiscal health.

"They have used the derivative accounting rules for cash flow hedges to defer some losses that they have taken," said John Barnett, senior analyst at the Center for Financial Research & Analysis, an independent research firm. "They may not be as well-capitalised as they appear to be for regulatory purposes."



Melbourne Qindex 01:06 GMT March 10, 2004 Reply   
Melbourne Qindex 01:05 GMT March 10, 2004
EUR/GBP : 22-Day Cycle Quantised Levels


Set A : ... // 0.6687* - 0.6703 - 0.6718 - 0.6733 - 0.6748* - 0.6764 - 0.6779 - 0.6794 - 0.6809* // ...

TOKYO HEY 00:52 GMT March 10, 2004 Reply   
dc fxq >
Oh no !
Like 1940's.
Like American did after WW2! LoL

Melbourne Qindex 00:51 GMT March 10, 2004 Reply   
EUR/USD : The meaning of the following equation :-

Once the market has anchored the quantised level at 1.2299 it will have a tendency to vibrate around 1.2299 with an expected magnitude of +/- 25 pips. High probability values are associated with 1.2250 and 1.2448. The upper barrier was tested twice yesterday. If the market resumes its downward trending movement and penetrate through the lower barrier at 1.2225 // 1.2250, the next targeting point is 1.2151.

We will run an updated analysis and will post it on my page later today. EUR/USD : Current Comment.  Register with [email protected] if you have no access to my page.




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 ...

boulder dat 00:46 GMT March 10, 2004 Reply   
SFX... thanks.
for some reason f x trek is quoting 14-17. wish i could do an arbitrage.

Singapore Sfx 00:44 GMT March 10, 2004 Reply   
1.2306/08

boulder dat 00:41 GMT March 10, 2004 Reply   
i have three different systems giving me three different prices for euro. can anyone tell me the correct bid/offer on EUR/USD

Stockholm za 00:40 GMT March 10, 2004 Reply   
dc fxq.. I know what you mean… I have seen it my self.
The other key factor is that over the years the Asia time frame has always -has/have a more mature serious audience.
Happy trades ……

dc fxq 00:37 GMT March 10, 2004 Reply   
you mean like they did in the 1990's ?????? lol.

TOKYO HEY 00:31 GMT March 10, 2004 Reply   
Hi>Forum

Wien GD>
Maybe Japan is planning to become conquistador of the world by buying up US Dollar!

LoL

Wien GD 00:24 GMT March 10, 2004 Reply   
And who is the winner who takes it all???
mof, mof, mof, ...

dc fxq 00:23 GMT March 10, 2004 Reply   
Stockholm za 00:16 GMT - after the last few weeks I hink the later is the case. I see much damage and a tone in recent posts that suggests pain threshold levels are being severely tested.

OK SZ 00:18 GMT March 10, 2004 Reply   
za, just hanging out waiting to see what happens..my guess is that euro goes down here a bit and then will see from there..GL, Gt all

Stockholm za 00:16 GMT March 10, 2004 Reply   
Check-mate.........
It is very quiet on GV/FF and my experience has though me to know that when this happens it is either :-
No one knows the next move
-or-
There is some serious damage control taking place..
lol......

 




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