User Name: Password:      Register - Lost password?

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

Forex Forum Archive for 03/23/2004

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


Dallas GEP 23:55 GMT March 23, 2004 Reply   
AMC, great question. I usually prefer to go in the direction of trend. The overall trend on the AUSSIE is short so that is why I am waiting until it longs before taking it short or going with the trend. You could very take it long but the potential UPSIDE is vastly overshadowed by the potental DOWNSIDE>

Brisbane L 23:55 GMT March 23, 2004 Reply   
Euro loses ground as data suppress appetiteThe euro lost ground against major currencies on Tuesday as eurozone balance of payments data pointed to a declining appetite for the single currency.


shanghai bc 23:54 GMT March 23, 2004 Reply   

Short-term,Gold is likely to face some correction in 320-325 region..Cable is likley to face the similar correction in 1.85-1.86 region..Asian session is likely to see some more downside of Dollar..

Brisbane L 23:14 GMT March 23, 2004 Reply   
Reports That Arafat Could Be Next Israeli Target Weighs On USD
How pathetic if this were true, he have been dead long ago

hk ab nzd 0.6 23:12 GMT March 23, 2004 Reply   
place my p/t on dlr/jpy at 107 if no sudden move seen.

Tampa RMS 23:11 GMT March 23, 2004 Reply   
TNZ - I am back now too. I am actually surprised it reached 1.8530 so quickly. Tomorrow is always a new day.

UK 23:07 GMT March 23, 2004 Reply   

Australia's Latham, Howard Level as Preferred Leader, Poll Says
-- Australia's opposition Labor party leader Mark Latham has drawn level with Prime Minister John Howard as the preferred leader of the country ahead of an election due this year, according to a Newspoll. Labor would win if the election was held now, the poll found.

http://quote.bloomberg.com/apps/news?pid=10000081&sid=a2bs1fevQwpc&refer=australia

SEA Rob 22:46 GMT March 23, 2004 Reply   
such is the Way of trading...

Sofia TNZ 22:45 GMT March 23, 2004 Reply   
1.8530

Sofia TNZ 22:44 GMT March 23, 2004 Reply   
Ohhh, maybe i just needed to believe myself.
1.8525 now

Sofia TNZ 22:42 GMT March 23, 2004 Reply   
Tampa RMS 21:25 GMT March 23, 2004,
Sorry for delay.
I closed @ 1.8512 (+32 pips) and will place new entry @ 1.8460.
Good night all, atleast 1am here

UK 22:37 GMT March 23, 2004 Reply   
Reuters
UPDATE - ECB to rethink outlook if consumers weak-Trichet
Tuesday March 23, 5:18 pm ET
FRANKFURT, March 23 (Reuters) - The European Central Bank will reassess its outlook for gradual euro zone recovery if consumer spending fails to pick up, ECB President Jean-Claude Trichet said in an interview published on Tuesday.
Consumer confidence is weaker than it should be at this stage of an upswing, Trichet told the German business newspaper Handelsblatt in an English language article on its Web site, www.handelsblatt.com.

Asked whether recent data had changed the ECB's view from its March meeting that risks were balanced for a gradual economic upturn, Trichet said the "working assumption is of a gradual European recovery."

But he added: "In case our expectations for stronger household consumption and overall domestic demand were not to materialize, we would work out our assessment accordingly, fully in line with our monetary policy strategy."

While Trichet sounded slightly more cautious, analysts said it does not point to the central bank shifting toward cutting interest rates in the foreseeable future. Rather, it echoes similar concern from fellow ECB policymakers, such as Ireland's central bank president John Hurley, who said on Monday that recovery will prove "unconvincing" until consumer spending increases.

"It seems like the data have been discouraging enough that the ECB needs to reassess its outlook," said Lara Rhame, senior economist at Brown Brothers Harriman in New York. "I still don't think they will cut rates this year, but they may need to acknowledge disappointing growth and that implicitly moves them to an easing bias."

The euro drifted down slightly after Trichet's comments but hewed to a narrow range against the dollar at 1.2343 (EUR=). Financial markets are expecting the ECB to keep rates at historic lows of 2.00 percent when they gather on April 1, though they see strengthening chances of a June rate cut.

In March, the ECB cited weak consumption as one risk to its outlook for recovery. Trichet repeated that in the interview.

Asked whether government calls for lower interest rates were actually detrimental -- as France and Germany asked for unsuccessfully in March -- Trichet said the central bank would not allow itself to be influenced in one direction or another, but would take the rate decision in line with its monetary strategy.

Trichet stuck to earlier statements when asked whether he was now less concerned about the euro's rate than when it was approaching the $1.30 level at the start of the year -- when the ECB expressed concern about currency moves.

"I stand completely by our European consensus and by our joint declaration in the G7," Trichet said, referring to a February statement by the Group of Seven (G7) richest industrial nations in Boca Raton, Florida, which called excessive currency volatility 'undesirable'.


UK 22:33 GMT March 23, 2004 Reply   
Most good news on domestic interest rate story appears well priced into AUD/USD market, latest uridashi issuance data tends to back this up, say NAB strategists. Uridashi in March expected to total around A$650 million, likely to be lowest monthly outturn since November
GC martin will agree

UK 22:32 GMT March 23, 2004 Reply   
A rise and subsequent pullback by AUD/USD to 0.7510 suggests pair is ready for its last rise to complete the corrective sequence from 0.7255, . As short-term momentum is already in a strong overbought position
CBA chartists

Porto PJT 22:14 GMT March 23, 2004 Reply   
pd cumino 20:54 GMT March 20, thank you.

GVI john 22:06 GMT March 23, 2004 Reply   
This report is posted twice daily on GVI. For information on how you can access GVI, contact [email protected]
STRATEGY SESSION —Far East Open
eur/$ 1.2340…$/yen 106.80
DJIA 10,064, -1 pts…NASDAQ 1,092, -8 pts
10-yr 3.71%, 0 bp’s

PERSONAL OPINIONS:

For a broad range of opening levels click on GVI’s “Market Snapshot”:
CLICK HERE
Full text on GVI...

Gen dk 22:05 GMT March 23, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Tampa RMS 21:25 GMT March 23, 2004 Reply   
TNZ,

You're right. I just looked back at this week and I am up 272 pips so far. It's a good risk for me and if it comes back down, it probably won't break 1.8450. We'll find out.

Long GBP 1.8500 SL 1.8440

Tampa RMS 21:14 GMT March 23, 2004 Reply   
TNZ,
A little bit too high to buy for me. If it comes back to 1.8450, I will likely jump back in.

Tampa RMS 21:11 GMT March 23, 2004 Reply   
US Stocks showing negative at close. Dow -1.11
30 minutes ago it was +55
Expect GBP to meander it's way through 1.8543 high within asian session if not before. Just my opinion. GT to all.

Sofia TNZ 21:09 GMT March 23, 2004 Reply   
Yes, Tampa, maybe 1.8480 was good point of entry
GL GT

Tampa RMS 21:01 GMT March 23, 2004 Reply   
1.8500 stop hanging in there for now but I beleive this will not last. Have placed limit at 1.8470 and will let this one decide on it's own.

TNZ, I believe you may have a good one in the works.

Dallas GEPpetto 20:40 GMT March 23, 2004 Reply   
Dallas, now now lads....keep teh fibs and fibos to a minimum!

pj amc 20:35 GMT March 23, 2004 Reply   
gep---------one question regarding your last post and please i am only asking because i am a newbie...........if you are looking to short aud at .7550 why not buy it here then as well?

Dallas GEP 20:33 GMT March 23, 2004 Reply   
Out till later guys, Suggest a SELL on Aussie around .7550 for try at 40 pips.

Chicago Irish 20:30 GMT March 23, 2004 Reply   
ML:Couple of weeks ago!

ICT ML 20:24 GMT March 23, 2004 Reply   
Irish....aren't you coming up on another celebration soon?...an anniversay of sorts or did I miss that already? ;-)

Dallas GEP 20:24 GMT March 23, 2004 Reply   
As long as you didn't wake up SORE, Irish, that's good!!! LOL

Chicago Irish 20:22 GMT March 23, 2004 Reply   
I'm told that I did Dallas :-)

Dallas GEP 20:18 GMT March 23, 2004 Reply   
Irish, did you enjoy St. Patrick's day????

Chicago Irish 20:17 GMT March 23, 2004 Reply   
Good Post.Thanks Helsinki.

Helsinki iw 20:10 GMT March 23, 2004 Reply   
Fwiw/ The story is probably all around by now, but in tomor-
rows Handelsblatt there will be an interview with ECB president
Trichet, who is leaning toward an easier monetary policy if the
EZ economy continues to show weak growth." We are alert
and observant" he says, and this marks a change from his
earlier stance, which has been that monetary conditions are
accomodative enough.

Sofia TNZ 20:05 GMT March 23, 2004 Reply   
Thanks GEP!!!

Dallas GEP 20:02 GMT March 23, 2004 Reply   
Good Luck TNZ!!!

Dallas GEP 20:01 GMT March 23, 2004 Reply   
Went long on Eur/GBP earlier at .6660. I forgot to post it up.

Sofia TNZ 19:58 GMT March 23, 2004 Reply   
Hello Dalas GEP,
Great deal.
Btw I bought @ 1.8480 and looking for 1.8530 with s/l 1.8450.
GL all

Dallas GEP 19:57 GMT March 23, 2004 Reply   
Trailer should be @ 1.8490 on GBP/USD

CAIRO AG 19:54 GMT March 23, 2004 Reply   
ML// Thanks my friend.... TIA

Dallas GEP 19:53 GMT March 23, 2004 Reply   
1.8500 even better

Dallas GEP 19:52 GMT March 23, 2004 Reply   
Took profits on POUND shorts from 1.8530, Could try for continuation by putting trailing stop @ 1.8505

ICT ML 19:50 GMT March 23, 2004 Reply   
AG....I think 4 hr ema50 has capped it good..so it at 197.75 now...so a sell there with stop 198.15 offerd maybe...

Dallas GEP 19:44 GMT March 23, 2004 Reply   
AMC. with volume a little lighter now, we might not get a great deal of shorting past the 1.8470/80 area. I definitely think 1.8460 will hold for now. Tonight we MIGHT have more shorting but I would run a trailing stop to protect your profits.

Tampa RMS 19:44 GMT March 23, 2004 Reply   
Am short also at 1.8520. I believe we should watch closely and hope for 1.8450. It will bounce there likely but unsure as to whether or not we will return lower. USD/CHF seems like it is having a hard time bouncing.

dallas ad 19:38 GMT March 23, 2004 Reply   
any thoughts

pj amc 19:38 GMT March 23, 2004 Reply   
gep---------where are you looking for gbp/usd to go to. i shorted at 1.8522. i think it can come back down to 1.8450 by tonight. am i wrong with thinking this?

dallas ad 19:36 GMT March 23, 2004 Reply   
good afternoon everyone gbp/usd bouncing off resistance weht short @ 1.8509

CAIRO AG 19:33 GMT March 23, 2004 Reply   
ML// NP my friend... we will never learn without paying... and u should be happy it was ur account which was heart.... cause u can make it bigger again my friend... and hopefully U WILL. GT & GL and thanks for doing that for me...

ICT ML 19:27 GMT March 23, 2004 Reply   
AG...stop level...I'd have to look at the charts I swore I wouldn't look at this week...haha...I'll take a peek for you anyway

Well.....it takes conviction to be a pig...and pigs sometimes get slaughtered....so on the GBP-JPY thing...I was a pig with conviction 210 would be printed....and the thought it wouldn't was never in my mind...so I was a slaughtered like the pig I was on that trade....

such is trading

Lahore Rk 19:27 GMT March 23, 2004 Reply   
Any comment on the Euro/Usd pair .. i think 12343 newyork session settlement near this will lead this to 12459 strong chart point MOB here
Any comment will be of great help

GL/GT

Chambery FR JFB 19:25 GMT March 23, 2004 Reply   
Miami OMIL (/;-> 18:40 GMT March 23, 2004
Thx OMIL (sorry for late reply, was out for a while...) Am long Euro from 1.2282, have booked profit on a few lots @1.2345 and dragged s/l @1.2295 for the remaining lots, let's see what happens next :-) Lunch time for now, CU later :-)

Dallas GEP 19:24 GMT March 23, 2004 Reply   
Word of warning for you GBP/USD NEWBIE guys, Cable can do this for hours it seems and then break visciously SHORT or LONG, stops in place are an absolute MUST.

Dallas GEP 19:20 GMT March 23, 2004 Reply   
Yeah ML, Cable is SO fickle, when you exoect to see strong moves and then you don't it does make you wonder for sure.

CAIRO AG 19:19 GMT March 23, 2004 Reply   
ML // U re not the only one my dear.... i think most of us here were hammered from that pair.... however, thanks for the advice... where would u place ur SL ????
TIA & GL

ICT ML 19:13 GMT March 23, 2004 Reply   
GEP, one thing that tips me off about the swing being almost over, is we should have seen a stronger move up off 1.8400 to 1.8600 today...as it is, it has barely made a new high, and if where it broke out from (1.8500) support don't hold, the up pattern is broken and we sell it again...where it could try another move up from 1.8400 base...

ICT ML 19:10 GMT March 23, 2004 Reply   
AG....sorry man...I been hammered by that thing a few weeks ago and swore it off for the near future...haha....but I'd think around 198 area with a fairly tight stop would be an area to look at. Previous highs in the range going up to 209...

Bandung Dewan 19:07 GMT March 23, 2004 Reply   
Dallas, nice view. same direction.
But my objective is at 8470.

CAIRO AG 19:06 GMT March 23, 2004 Reply   
ML // Where do u think GBPYEN is a good sell ?? TIA

Dallas GEP 19:05 GMT March 23, 2004 Reply   
Chess game at 1.8500. Pieces being lost on both sides. Queens are not in the fray yet however. LOL

Dallas GEP 19:01 GMT March 23, 2004 Reply   
1,8500 holding looks to be in jepordy.

ICT ML 18:49 GMT March 23, 2004 Reply   
GEP..yes mate...1.8500 area needs to hold and a bounce out of there should take it up to end of the swing (I think)..looking at 4 hr swing on this..it is almost exhausted but not quite it seems. If not, shorters might get 1.8450-00 and get out with a good play.

Dallas GEP 18:49 GMT March 23, 2004 Reply   
GBP/CHF shorts right now are pulling bOTH gbp/usd short and usd/chf short

Indonesia Solo raden_masandi 18:49 GMT March 23, 2004 Reply   
nyc jk 18:40 GMT March 23, 2004
exactly.. you are right.
I am interested with comment "sell on rumours buy in fact via versa". That's mass mentalily phenomena.

Ldn Mvs 18:49 GMT March 23, 2004 Reply   
sudden v strong jump in Dow there - dunno why - may see US$ up if there is a story....

Bandung Asti 18:48 GMT March 23, 2004 Reply   
yes ICT... only take some pips for swing correction.

Dallas GEP 18:45 GMT March 23, 2004 Reply   
ML you may be right my friend but I think even if POUND goes back up it should hit 1.8500 FIRST.

ICT ML 18:41 GMT March 23, 2004 Reply   
Raden Mas...it means I think people sold too early and their stop losses might get hit still today. I think it has to test 1.8575-8600 before it can go down again, if it goes back down this swing...

nyc jk 18:40 GMT March 23, 2004 Reply   
ICT ML 18:23 GMT March 23, 2004

trying not to be a cynic, that is what usually happens when 3 or more people pop up to do the same thing at near the same time and level......that's why I ask, to see if I am missing something "obvious" with regard to the GBP on this one.........

Miami OMIL (/;-> 18:40 GMT March 23, 2004 Reply   
JFB tough market for intraday indicators right now they look like spaghetti. No real sense of where the eur/usd might go with this range it has at the moment. I stopped out with my short earlier and showing a buy signal soon but I would not trust it a bit. Like I said before the daily pennant shows the break out points roughly around 1.2400-05 and 1.2230-20 area I would play the break outs instead of taking my chances in this close range market. GL GT

Indonesia Solo raden_masandi 18:36 GMT March 23, 2004 Reply   
nyc jk 18:13 GMT March 23, 2004
maybe I am alone have buy position at 1.9139.
ICT ML,
what's mean with stop out?

Minneapolis U-Genius 18:36 GMT March 23, 2004 Reply   
Is anyone going short onEUR/USD?

Bandung Dewan 18:34 GMT March 23, 2004 Reply   
I was placed stop at 8555.
I hope GBP/USD will break 8514 to going down at 8470.

Dallas GEP 18:28 GMT March 23, 2004 Reply   
Closed 2/3 of usd.chf shorts @ 1.2574.

Chambery FR JFB 18:26 GMT March 23, 2004 Reply   
Anyone thinking that Euro can break that minor descending t/l @1.2347 and move to the hourly pennant upper descending t/l currently @1.2382? TIA, GL GT all :-)

ICT ML 18:23 GMT March 23, 2004 Reply   
nyc jk 18:13 GMT March 23, 2004 ...cause they want to get stopped out and resell at 1.8575-8600 area?......:->

nyc jk 18:21 GMT March 23, 2004 Reply   
ok Dewan, thanks. I can't feel a thing here, maybe been sitting in front to the computers for too long haha. gl with it.

CARDIFF-PEKING LEE 18:21 GMT March 23, 2004 Reply   
SELL GBP/USD @1.8535,S/L 1.8565

Indonesia Solo raden_masandi 18:18 GMT March 23, 2004 Reply   
gold.
422-424 is top area.
until now still no sign as the top character.
still any chance for buy gold.

Bandung Dewan 18:17 GMT March 23, 2004 Reply   
nyc jk 18:13 GMT March 23, 2004
Only for short term, my friend. You can feel the pressure here

nyc jk 18:13 GMT March 23, 2004 Reply   
why is everyone (except raden) selling GBP?

Bandung Asti 18:12 GMT March 23, 2004 Reply   
sorry 1.8520..

Bandung Dewan 18:12 GMT March 23, 2004 Reply   
BAndung Asty,
Where are you exactly? I never heard you before.

Bandung Asti 18:09 GMT March 23, 2004 Reply   
dallas i'm with you !

shorted cable at 1.8420 !..g/l

LONDON savage 18:09 GMT March 23, 2004 Reply   
good bye

Bandung Asti 18:07 GMT March 23, 2004 Reply   
Raven
...or arrows.. LOL

LONDON savage 18:07 GMT March 23, 2004 Reply   
OUT euro 1.2335 on 3rd lot

Bandung Dewan 18:06 GMT March 23, 2004 Reply   
pj amc 17:59 GMT March 23, 2004

IMO, the trigger is 8520... bang!

pj amc 18:05 GMT March 23, 2004 Reply   
Just went long usd/jpy at 106.70 and sold my eur/jpy positionfor a +57 pips

Minneapolis U-Genius 18:01 GMT March 23, 2004 Reply   
Good time of the day,
Getting ready to go Short on Eur/Usd.

Dallas GEP 18:01 GMT March 23, 2004 Reply   
Yep SEZ, 2/3 of that position will be taken out around BE @ 1.2565.

Raden, I would be surprised to see POUND make a high today higher than 1.8550/60.

Va Raven 18:00 GMT March 23, 2004 Reply   
Or Sorrows.

pj amc 17:59 GMT March 23, 2004 Reply   
bandung- I think gbp/usd is an absolute short at this level. finally pulled the trigger at 1.8522

Indonesia Solo raden_masandi 17:58 GMT March 23, 2004 Reply   
bandung selatan asty margahayu .
eur/usd have homework to finish 1.2477 .
77 = "tuju..tuju-an" (direction). LOL
entry please when "train still run with speed 5 km/hours". :-)

PAR 17:55 GMT March 23, 2004 Reply   
IMHO GBP - when good US news GBP correlates to the US and when good EURO news GBP correlates to EURO. So even when bad UK news GBP still goes higher because of high UK interest rates. You need to be SOROS to go against GBP.

Indonesia Solo raden_masandi 17:53 GMT March 23, 2004 Reply   
bandung Asty margahayu.
see my view (scenario about next thursday target), will be finished today?

Bandung Dewan 17:52 GMT March 23, 2004 Reply   
time for selling Gbp/Usd?

Indonesia Solo raden_masandi 17:51 GMT March 23, 2004 Reply   
caused by 1.8530 price will be easy to get 1.8569?
be carefull with gbp/usd when touch 1.8569.
maybe give corection so far from there.
seen sellers will action there.

IST Sez 17:46 GMT March 23, 2004 Reply   
Dallas GEP,
frd be careful with usd/chf short.Yes,It s not my business but your usd-chf short poss increasing.Take care.
GL

LONDON savage 17:45 GMT March 23, 2004 Reply   
PAR 17:40 GBPUSD took out the high of yesterday @ 1.8496 thats why its got good thrust up IMO should of traded it but was busy with EURO

Quito Valdez 17:42 GMT March 23, 2004 Reply   
I got my 48 pips but have to drive to get it!

Quito Valdez 17:41 GMT March 23, 2004 Reply   
I have to go sign a c'ncy change at my bank..my neanderthal fx trading platform..lol. :) good luck all.(Valdez heads off on his burro)

PAR 17:40 GMT March 23, 2004 Reply   
Who keeps buying sterling despite huge UK trade and budget deficits ? The BOE ?

LONDON savage 17:40 GMT March 23, 2004 Reply   
took first lot @1.2323 2cnd @ 1.2333 and 3rd let run with stop B/E as from my earlier post

Dallas GEP 17:37 GMT March 23, 2004 Reply   
picked up some more Swissy shorts @ 1.2595. happened to fast to post.

Bahawalpur , Punjab Imran 17:32 GMT March 23, 2004 Reply   
LHR Bahi Kia Politics Le kar beth gaye ho Trade Karoo or bass
app ko Kia chayee
Regards Imran

Rivonia PipPirate 17:32 GMT March 23, 2004 Reply   
Golden slumbers

Dublin Flip 17:29 GMT March 23, 2004 Reply   
LHR B747 17:24 GMT March 23, 2004
Did I said enough?

At last something funny-LOL



Quito Valdez 17:27 GMT March 23, 2004 Reply   
B747..go political forum..I'm on the way.

Bahawalpur , Punjab Imran 17:27 GMT March 23, 2004 Reply   
Hi Alls
Good Trades at all
May Be Eur/USD, GBP/USD , USD/CHF
Have Good Move But Time for sleep Now
thnaks Bye all
Take Care Dallas Gep% Qindex



C Ya

HKG SK 17:25 GMT March 23, 2004 Reply   
Short GBP/US at 1.8530

LHR B747 17:24 GMT March 23, 2004 Reply   
Quito Valdez 17:16 GMT: my FX trading acoount through European AAA bank is running from MC (Monaco).

Did I said enough?

hk ab nzd 0.6 17:20 GMT March 23, 2004 Reply   
it's enough for today, see u all after my dream zzzzzz

hk ab nzd 0.6 17:20 GMT March 23, 2004 Reply   
it's enough for today, see u all after my dream zzzzzz

EZ Rachacha 17:20 GMT March 23, 2004 Reply   
Does anyone know if there is a problem? the Dow Jones is dropping down again....

hk ab nzd 0.6 17:18 GMT March 23, 2004 Reply   
buy dlr/jpy 106.50

Quito Valdez 17:16 GMT March 23, 2004 Reply   
...as in equity trading B747, it's not important our human traits of likes or dislikes, relig./sexual orientation/race/color or any other such unimportant variable. It's pure numbers, statistics, gut feelings and logic. I don't have to like BLTI or Bill Gate$ or the USA 4 that matter 2 trade those stocks/cncy's. I trade for $$. No one should "like" or "dislike" a country/allies to trade FX. If hate/love enter$, money leave$. I like money better; wish sometimes I was an evolved cockroach intead of an evolved primate. How many pips have you truthfully "netted" this week B747? (keyword = net)

PS my breakout prediction seems to be avoiding trout lashes. (I hope!)

Bandung Asti 17:15 GMT March 23, 2004 Reply   
ok thanks a lot sir... dallas...

hk ab nzd 0.6 17:14 GMT March 23, 2004 Reply   
eur/jpy near toasting time....

Dallas GEP 17:11 GMT March 23, 2004 Reply   
AST, should be good for 1.8460 IMO. Caution on POUND short would be if EURO mAKES new highs it will pull POUND with it HIGHER.

Dublin Flip 17:09 GMT March 23, 2004 Reply   
Girls over the past twenty years eur$(artifical natrurally) has traded 0.65/1.45 and $jpy 80/260. Funnily enough the world hasn't imploded even when currencies inevitably move violently. The strength of a currency is not a very faithful barometer for an economy let alone the longevity of an empire. Euro may well trade @ 1.45 and $jpy trade @ 80 again. The last time these currencies traded there it was during part of the largest expansion in history and Europe and Japan were at an economic nadir- it didn't make alot of sense at the time but then FX markets rarely do.
be lucky

B.A. BOCA 17:05 GMT March 23, 2004 Reply   
Dallas GEP / US ddefinitely does one thing well....March Madness. hooked on it!

dc fxq 17:05 GMT March 23, 2004 Reply   
re LHR B747: don't respond to his posts directly. Do what I di and ask Jay to take appropriate action. It really works for these ranters folks.

Bandung Asti 17:05 GMT March 23, 2004 Reply   
Raden !....Dallas !...your cable please....? thx//gl...

hk ab nzd 0.6 17:04 GMT March 23, 2004 Reply   
many cheap dlr/cad....

Dallas GEP 17:03 GMT March 23, 2004 Reply   
Shorted POUND @ 1.8497, reversal pattern on candles.

B.A. BOCA 17:03 GMT March 23, 2004 Reply   
cable could make a nice 50-70pip short risking today's highs...gl

Indonesia Solo raden_masandi 16:59 GMT March 23, 2004 Reply   
yes.
eur/usd and gbp/usd have given FP.
have a nice you. :-)

LHR B747 16:58 GMT March 23, 2004 Reply   
nyc jk 16:48 GMT: OK, enjoy your Mc & Coke and I will not refuse to help you when you discover that day trading took everything away from you.

chester wb 16:58 GMT March 23, 2004 Reply   
lhr b747; man u are screwed up; take your stupid posts to the political forum

NYC ars 16:57 GMT March 23, 2004 Reply   
Anyone trade FX in the NYC area?

Dallas GEP 16:56 GMT March 23, 2004 Reply   
B747, all the I HATE U.S. talk gets old after a while. Just a thought. It's like we NEVER do anything right. To each his own I suppose.

Wshington DC Tempus 16:56 GMT March 23, 2004 Reply   
Thanks Livingston for that insight....

It must have been my imiginantion but I don't recall US agents blowing up a commuter train in Spain or crashing planes into skyscrapers. It is the duty of the US to protect our vital interests as well as those of all Western culture as it appears that none of our Europan allies seem to address these views.

Let me know when I should start studying Chines to replace the English I currently speak as my "empire" is fading.

Get a grip on reality Livingston....

The US$'s decline is much more symptomatic of a flow and confidence argument. But we have elections here rather than commiting "suicide bombers" to do the deed.

So get a grip and get used to things the way they are right now. The jihadist aren't opposed to the US alone they are opposed to every value we deem important. If that's not worth fighting for I don't know what is....

So if you don't like the US why don't you try trading in the vast civilized societies of Syria, Iran, Egypt etc.

nyc jk 16:48 GMT March 23, 2004 Reply   
LHR B747 16:44 GMT March 23, 2004

mate next time save the bs and just get to the truth -

"..yes, I am naive"

LHR B747 16:44 GMT March 23, 2004 Reply   
Livingston nh 16:33 GMT: The supplier who do not insist to have healthy customer is SICK...!!!!

In case of prepayment net customers the rules are different, but USA is not having prepayment net term...!!!

Japan made USA to die, China is studying how to dp that!!!

USA is a sinking empire and USD is a sinking currency as long they do not insist to deliver the rest of the world peacful and friendly values...yes, I am naive :)

Quito Valdez 16:41 GMT March 23, 2004 Reply   
on that breakout "call" I just made I used Jay's chart:
MACD 12,26,9, MACD_signal (same), MACD History (same). History was the most useful. Let's see if that waz "right". Also I used 10 day 1 hr. If not, I accept 50 lashes with a wet trout.

Quito Valdez 16:36 GMT March 23, 2004 Reply   
Livingston. Right on. All the boulderdash in the world does not = reality.

Livingston nh 16:33 GMT March 23, 2004 Reply   
B747 - were you ever in business? would you be critical of your biggest customer? The US is not a seller it is a buyer ...
Most of what's taken for granted in economics/finance is myth

Quito Valdez 16:29 GMT March 23, 2004 Reply   
B747// Today's FX = battle over making one's c'ncy cheap = export more stuff = increase product'n/jobs = increase tax revenues = lowering social system costs = lowering trade deft's = "smile factors" of voters/banks. Maniuplations, lies, misreps all fair game 'cause it's survival. It's not so much about selling treasuries/bonds. Hooray up she rises, Valdez dollar bear unlocks his car ready to go to the bank if eur/usd hits 1.2350. Jay's FX chart rules.

LHR B747 16:11 GMT March 23, 2004 Reply   
hk ab nzd 0.6 15:42 GMT: nothing shows me that USA taking steps to make USD alive.

It is not that they do not want a strong USD, it is all about "Does USA have something to offer that will make the rest to pay for (without a gun pointed to the rest)"

Dallas GEP 16:11 GMT March 23, 2004 Reply   
Well NOTTY that be 1.3388 then. THX

LONDON savage 16:08 GMT March 23, 2004 Reply   
long eurusd @1.2313 if hit

hk ab nzd 0.6 16:06 GMT March 23, 2004 Reply   
did anyone get aud/nzd 1.14 done?

Quito Valdez 16:05 GMT March 23, 2004 Reply   
Ahhhhh...now Valdez c's. Gracias. (Valdez ducks as the obvious flys over his head and he learns 1 mo point in FX, tucking his tail between his legs crawling off whimpering quietly to a dusty corner).

Nottingham 16:04 GMT March 23, 2004 Reply   
Dallas GEP 15:59 GMT

I would prefer to sell up tick to 200 day sma and similarly buy any dips...today's range so far has been pretty awful so there is a chance of seeing either of those two scenarios later...at current levels I'll leave it down to you as I have no strong view! gl gt

Chicago Irish 16:03 GMT March 23, 2004 Reply   
Valdez:There are no volume stats for spot FX as trading is not conducted on a centalized exchange,some people use the CME IMM statistics to gauge volume sentiments athough it must be noted that the futures markets represents only a tiny fraction of global currency trading.Check the CFTC's website for COT (Commitment of Traders report).

Genoa nic 16:02 GMT March 23, 2004 Reply   
Valdez,
If you have access on CME, you can find volumes on Euro june, albeit NOT indicative of the real flows on spot market, sometimes useful for entries/exits on 15 min bars. GL GT

dc fxq 16:00 GMT March 23, 2004 Reply   
Quito Valdez 15:54 GMT :). Wouldn't have said it if were a bull, correct?

The best you can do is find a platform where you can see tick volume. Much like futures during the day in that respect as there isn't any centralized "clearinghouse" or exchange reporting mechanism in forex.

Dallas GEP 15:59 GMT March 23, 2004 Reply   
Notty, you are the CAD freak around here my friend, what say you about a SHORT from 1.3350????

sgp sp 15:58 GMT March 23, 2004 Reply   
thanks :)

Nottingham 15:56 GMT March 23, 2004 Reply   
sgp sp 15:53 GMT

correct

Quito Valdez 15:54 GMT March 23, 2004 Reply   
dc fxq// I resemble that remark! :) could U guys ans. a stupid ? from a forex newbster, where I I find forex volumes like I use in equities? "That's one heck of a useful tool". (quote from my 33 y/o wife?)

sgp sp 15:53 GMT March 23, 2004 Reply   
Hi Nottingham

Nottingham 15:44 GMT March 23, 2004

..if the market bought on the rumour it will sell on the fact so I'd fancy 1.8000/25 shorts for return to 1.8475...gl gt

u mean short from 1.8500/8525?

gl & gt 2 u

dc fxq 15:50 GMT March 23, 2004 Reply   
pj amc 15:41 GMT - because he is a USD bear.

Quito Valdez 15:45 GMT March 23, 2004 Reply   
Thanx Nottingham....my post courtesy of the curses of auto refresh!

Quito Valdez 15:44 GMT March 23, 2004 Reply   
Thanx GEPster, e tu Nottinghamster?

Nottingham 15:44 GMT March 23, 2004 Reply   
Quito Valdez 15:36 GMT

Inside 1.2450/1.2180 it's all to play for and I see no reason to commit heavily...outside this range and dice will ahve been cast despite the expected gamesmanship that will take place at the extremes...maybe you could try shorting cable after this infamous fixing buy (not likely to be in the regions mentioned since they are likely to be hedging of options by sellers taken out by domestic UK funds, no more than 1 billion in total (and that's being v generous) so max 100m per day...if the market bought on the rumour it will sell on the fact so I'd fancy 1.8000/25 shorts for return to 1.8475...gl gt

Gen dk 15:42 GMT March 23, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

hk ab nzd 0.6 15:42 GMT March 23, 2004 Reply   
747// I remember that you posted a calc. b4.
dowj has actually its value unchaged if we brought the 48% drop vs eur or gold into account right?
Now what if the reversed pic. holds?

Dallas GEP 15:41 GMT March 23, 2004 Reply   
Hello Friends. USD/CHF shorts still in play. Looking at these levels now: USD/CAD 1.3350 to short, GBP/USD 1.8500 to short (need test and failure of 1.8505 or failure @ 1.8525 50% fib), EUR/USD 1.2320 to short, AUD/USD .7545 to short, NZD/USD to short .6630. NONE of these are confirmed yet!!!

pj amc 15:41 GMT March 23, 2004 Reply   
Barcelona- what makes you say that?

Barcelona Tony 15:39 GMT March 23, 2004 Reply   
all $ longs will suffer...you're alerted

Quito Valdez 15:36 GMT March 23, 2004 Reply   
Whacha think, GEP, Nottingham?

LHR B747 15:33 GMT March 23, 2004 Reply   
hk ab nzd 0.6 15:32 GMT: how the FED can help DOW to rally more and more? :)

sarasota jf 15:32 GMT March 23, 2004 Reply   
ab -different session seem to do different things - in asia all people want to do recently is sell crosses - i actually like usdcad today its just the entry point to get started - yest some offshore model put in shorts 75-95 so if holds we can take out their stops tomorrow thru the highs - n gain a little more momentum

hk ab nzd 0.6 15:32 GMT March 23, 2004 Reply   
747, just a sharing.
Last two years, FED allow a tanking USD 'cos of the DOWJ rallies. Now if it doesn't rally anymore, there's no way for USD continue to tank otherwise, all the asset will flee US.

They, should understand the rule of the game v. well from ECON 101.

pj amc 15:31 GMT March 23, 2004 Reply   
will someone please talk me into pulling the trigger on a short of gbp/usd

Quito Valdez 15:31 GMT March 23, 2004 Reply   
..but my macd 12,26,9 says no we have to wait. What to do..

LHR B747 15:28 GMT March 23, 2004 Reply   
hk ab nzd 0.6 15:20 GMT: DOW is the key, DOW below 10K will cause USD to move 8%-14% lower.

EUR/GBP: .6450-.6730 is the weekly range, does not look too risky

Quito Valdez 15:28 GMT March 23, 2004 Reply   
My lines say we need to test 1.2230 first before breakout..what say fellers?

Quito Valdez 15:26 GMT March 23, 2004 Reply   
OK, all kidding aside, my 1 hour 10 day shows a general slight uptrend for Euro..now it looks like we're due for a breakout of the Euro/dollar pair as it's stagnating a wee bit. Am I peeing upwind here and being human, or am I being rational?

Quito Valdez 15:22 GMT March 23, 2004 Reply   
Barcelona Tony// ...let's just say the second best thing in the world is chocolate. And we aren't talking about futures in cacao.

hk ab nzd 0.6 15:20 GMT March 23, 2004 Reply   
747// eur/gbp is not spelling a buy of eur today.

Quito Valdez 15:19 GMT March 23, 2004 Reply   
Sydney// Yes. Numbers don't lie. My 4th wife hasn't been born yet.

Quito Valdez 15:18 GMT March 23, 2004 Reply   
Thnx pj. I did make mistakes tho & gotta LOT 2 learn here. Hope 2 C 1.2268 eur/usd..I'll buy EUR again, wait for another 1.2320 again to change over to USD again. I remove winnings each time, only play with orig. amount. If I loose, tough, I play w/what's left. Buddy sunk $$$ into gold as terrorist hedge 4 wks ago, up $20/5+%.

Sydney alimin 15:17 GMT March 23, 2004 Reply   
uhm, if i follow valdez does that mean that my future wife is just born this year since i am 25 y/o? .....

Madrid CAB 15:14 GMT March 23, 2004 Reply   
Quito Valdez 15:01 GMT March 23, 2004
Congraulations to you and yours!!
I read a very good history in Athenes web.
Maybe you know it, if not is a good one.

http://www.trendways.com/tw00018.htm

GL/GT

Barcelona Tony 15:14 GMT March 23, 2004 Reply   
Quito ... great story ... I do agree best part having a 25-year younger wife ... must be exciting (in all ways! LOL) :-)

nyc jk 15:11 GMT March 23, 2004 Reply   
great story Valdez! most impressive part being your 33 y/o wife, lol.

pj amc 15:08 GMT March 23, 2004 Reply   
valdez-great story. i love to hear censored like that.

nyc jk 15:07 GMT March 23, 2004 Reply   
that's right ab, for inter-market instruments even that can be very high, other than for very short periods of time. personally, consider over 0.7 correlation coefficient as being "on to something". I used to be a Bloomberg subscriber and that was tremendously easy for that type of analysis as they have a correlation matrix function. now I no longer have it, so I do it less as as it is a bit more labour intensive unfortunately.

hk ab nzd 0.6 15:06 GMT March 23, 2004 Reply   
jf// I think u have witnessed a lot of jpy crosses sale order last week, did you?
Now seem it's time to prevail.

hk ab nzd 0.6 15:04 GMT March 23, 2004 Reply   
Kevin// Due to some personal reason, I can't go there now and stay in hk to work.... too bad.

hk ab nzd 0.6 15:01 GMT March 23, 2004 Reply   
jk//if a correlation is higher than 90% or even 80%, that should be valid, isn't it?

Quito Valdez 15:01 GMT March 23, 2004 Reply   
While we're waiting for breakouts, newbie story:
I bought gold from my jeweler friend (only way you could then!) in the mid 60s: $40/oz and had it U.S. mailed to me in Vietnam...sold for $80/oz in Saigon 9 days later when I got a chance to fly into town from our SF camp. It worked - no standardized market, getting me when I got out in '68 a new Chevy, new Harley 74 and new mobile home, later my insurance agency, health food store & 2 sporting goods stores. That got me into equities in the 70s, not bad for -30 yrs. then into jewelry mfg/store/diamond brokerage in the 80s. POINT BEING (trading important!) I hardly ever was greedy, satisfied with modest gains. So Martin's advice about greed/fish escaping/no chasing into the sea is SOUND. Newbies, listen to him. I do. I retired at 37 and again at 49. I'm 58. College dropout, wife 33. Be happy.

leeds jb 15:00 GMT March 23, 2004 Reply   
any body out there use market mentor? and if so is it any good?. thanks.

Gen dk 14:59 GMT March 23, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

nyc jk 14:58 GMT March 23, 2004 Reply   
ab , I have done some correlation work before and there have been many periods of strong AUD , S&P correlation in the past. Whether the "reasons" are global growth concerns or risk aversion, there are periods that AUD trades lower (or at a minimum underperforms on its crosses) as the S&P trades lower. Of course, the correlations are often shifting and past relationships can break down, even temporarily, making it difficult to trade off that alone......

U.K J.B. 14:57 GMT March 23, 2004 Reply   
to those that have been following my posts eur/gbp tar. nearly met short from 68.30. long stg from 1.8270 did take some profit yesterday , gr8 shame about the euro long 1.2270 with a stop at 1.2240 so lost 30 pips on that. Nothing to go for at moment-period of consolidation i feel ausie a sell 75.50 stop 75 90 target 72 1/2 GL

Nottingham 14:56 GMT March 23, 2004 Reply   
s&p...like a startled rabbit, index is rooted to the 1100 level...if it can overcome it then gap to 1110 will become target and the evergreen bulls will attempt to complete as quickly as they can no doubt...continued dithering around the 1100 will suggest market being set up fall a further fall, which once it gets going, will have similar pace and momentum to the initial leg down...it should halt at 1060/70...gl gt

HK Kevin 14:55 GMT March 23, 2004 Reply   
Hk ab, just short at 1.3302.
Are you work in Singapore now?

hk ab nzd 0.6 14:52 GMT March 23, 2004 Reply   
The short EUR position was stop profit at 1.3362 this afternoon. Just short again at 1.3202


Sure KEvin?? 1.3202? 1.3362?


for dlr/cad, I think the first touch of 200 sma should be respected if it stalled there for 3 little trials.


Ldn Hat 14:52 GMT March 23, 2004 Reply   
hk ab nzd 0.6 14 Noo ...;-)

Lahore FM 14:51 GMT March 23, 2004 Reply   
Yes ab.I had been saving three positions on USD/CAD just for that winner,

hk ab nzd 0.6 14:51 GMT March 23, 2004 Reply   
once I was told that S & P has a strong correlation with aud too when aud tanking like a big rolling stone.....

LHR B747 14:50 GMT March 23, 2004 Reply   
hk ab nzd 0.6 14:48 GMT: go further with this way of thinking, it will make you some money.

"Bear market inside a bull market" :)

HK Kevin 14:50 GMT March 23, 2004 Reply   
hk ab nzd 0.6 14:43 GMT, what is your t/p on long USD/CAD. I still from from 1.3267 last night. The short EUR position was stop profit at 1.3362 this afternoon. Just short again at 1.3202

hk ab nzd 0.6 14:50 GMT March 23, 2004 Reply   
Tony, every dog has its day ;)

though probability is low, the probability is still there.....;)

hk ab nzd 0.6 14:48 GMT March 23, 2004 Reply   
pals, might be, Fed doesn't care until both usd and dowj drops together.

Now USD soars DOWJ tanks?

????

Tallinn viies 14:47 GMT March 23, 2004 Reply   
sold euro out at 1,2302. thnks
cu later

Barcelona Tony 14:47 GMT March 23, 2004 Reply   
LHR B747 14:45 GMT ... have no idea mate .... just I'm saying be careful longing $ now ... everyone's doing so and we know what happens when that occurs ...

nyc jk 14:45 GMT March 23, 2004 Reply   
ab I like the $/cad today as well, a break through 1.3355 should start the flight......

LHR B747 14:45 GMT March 23, 2004 Reply   
Barcelona Tony 14:44 GMT: will we see the DOW below 10K today? :)

Barcelona Tony 14:44 GMT March 23, 2004 Reply   
the trade today is not long $ ... be careful ...

Sydney alimin 14:44 GMT March 23, 2004 Reply   
short aud 0.7518

hk ab nzd 0.6 14:43 GMT March 23, 2004 Reply   
the final winner on dlr/cad will be coming soon.

Sydney alimin 14:41 GMT March 23, 2004 Reply   
shorted gbp 1.8460, eur 1.2305....fingers crossed

hk ab nzd 0.6 14:40 GMT March 23, 2004 Reply   
Hat, looks like u are humiliating us.

hk ab nzd 0.6 14:38 GMT March 23, 2004 Reply   
short a bit eur at 1.2304 as well.

Ldn Hat 14:38 GMT March 23, 2004 Reply   
Shorted GBP/USD at 1.8460 stop at 1.86 target 1.8420/1.8400 IMHO Thanks

Tallinn viies 14:37 GMT March 23, 2004 Reply   
pj amc 14:23 - interest rates trend

hk ab nzd 0.6 14:36 GMT March 23, 2004 Reply   
new long cad 1.3333.

Quito Valdez 14:34 GMT March 23, 2004 Reply   
Right martin! Thanks...I've been guilty of greed, it cost me. It would cost anyone. Now I take my marbles and scram to play another game. Well, most of the time! I love this forex stuff...I get bored with equities but it makes money..sloooooow money.

Quito Valdez 14:32 GMT March 23, 2004 Reply   
dc fxq// I think anyone who'd take offence at simple and helpful human observation doesn't want to learn. What I've learned in equities transfers to here in part. I think the first thing I did some time ago when starting out with equities in the late 70s was to graph out the general market, looking at the corrections over the big and small scope. Pip traders aren't so much effected by it but long johns like me have to see the broadest scopes and respect trends for what they are only.

Gold Coast martin 14:31 GMT March 23, 2004 Reply   
quito....keep shooting those fish while they are in the barrel quito...just be careful if that barrel is near the sea and they escape dont go after them...it will cost you lots of pesos amigo.....g/l g/t

Livingston nh 14:30 GMT March 23, 2004 Reply   
ab - I don't see a short term technical to bring USD/CAD down to 1.26 and the fundamentals (rate cut and ties to US economy) don't support it either -- a couple of years ago all the talk was CAD to 2.00 - last year it was parity // target 1,43

dc fxq 14:29 GMT March 23, 2004 Reply   
Quito Valdez 14:23 GMT -- the failure to retake 1.2300, let alone the previous support level at 1.2320 is discouraging for bulls. It looks like a retest of the 1.2267 low may be setting up. It would take some "outside" event to eat through several layers of congestion I think.

Quito Valdez 14:27 GMT March 23, 2004 Reply   
I've made MANY pips on this eur/usd graph...incredible..like shooting fish in a barrel. It's so predictable..buy in at low 1.22ish and sell out at mid 1.23ish. I net 100 pips each time. Is it always this easy for "long johns" like me?

Gold Coast martin 14:26 GMT March 23, 2004 Reply   
GOLD COAST...jsh....the one to use is telstra...the most reliable imho...

Gold Coast martin 14:23 GMT March 23, 2004 Reply   
HK ab...sorry i dont trade cad so i am not in position to offer an opinion...there are lots of good traders in here who are in a better position to offer advice on cad...g/l

pj amc 14:23 GMT March 23, 2004 Reply   
Can someone give me an educated answer as to what is keeping gbp/usd strong. In my opinion I think it is a short.

Quito Valdez 14:23 GMT March 23, 2004 Reply   
breakout for EURO/USD?

gold coast jsh 14:22 GMT March 23, 2004 Reply   
gold coast martin...could you pls recommend a good broadband ISP? tia

hk ab nzd 0.6 14:20 GMT March 23, 2004 Reply   
Martin, do u trade cad.

What I am interested now is what will happen whne dlr/cad breaks the stubborn 1.36.

Two Scenarios
One is that the pair will stay above 200 sma and start a new uptrend. after twisting of many daily smas (10,20,50,100,200)

Second is a daily key reversal occurs and send the pair back to previous bottom 1.26.

Let's see which one is more likely.......

hk ab nzd 0.6 14:15 GMT March 23, 2004 Reply   
martin, I was just confused with some terms there. It's fine.

Tallinn viies 14:14 GMT March 23, 2004 Reply   
my best wishes to all Polsih guys who helped me to get in to 1Y forward

btw EURPLN is trading under 4,7 :)

Gold Coast martin 14:13 GMT March 23, 2004 Reply   
hk..ab..this terminology was "quoted" to me by my source upon which after further discussion said that the rbnz do not want to be as conspicuous as the boj in their currency intervention...instead they will intervene when nzd breaches the 6610 level and try to keep it below that level for the next 1-3 months...i will keep ypu posted hk as i have exposure to the nzd as well....

hk ab nzd 0.6 14:07 GMT March 23, 2004 Reply   
martin// could u explain/elaborate the following please?

use incospicuous drip feed tactics



Thanks.

Genoa nic 14:03 GMT March 23, 2004 Reply   
DC fxq 13.38,

Thanks, very nice site

UB Tulga 14:01 GMT March 23, 2004 Reply   
Is EUR/USD going up? Thank you

LHR B747 13:58 GMT March 23, 2004 Reply   
For those who complain about range trading without action, I wish you all to enjoy the next few hours :)

Gold Coast martin 13:58 GMT March 23, 2004 Reply   
sorry ...the level they want to keep it under is 6610...excuse the figure errors ...been a long day...

Gold Coast martin 13:56 GMT March 23, 2004 Reply   
In an earlier posting of today i stated that the rbnz had in fact started to slow the nzd...as a consequence it dropped from 6025 to 5998 prompty..a further up date is that their policy is that they dont want the nzd to breach the 6010 level as they will use incospicuous drip feed tactics to keep it under that level .....

Calabash TarHeel 13:48 GMT March 23, 2004 Reply   
Gold Coast martin

Thank You, very much

GL, GT

dc fxq 13:45 GMT March 23, 2004 Reply   
melbourne farmacia 13:41 GMT - farmacia, not directed at anyone specifically at all. It was just a general observation I have made over time on this forum and before that on equity and futures forums during the past several years.

Range trading markets always frustrate those who have come to think that trends continue indefinitely and unidirectional without correction or pauses.

My sincere regrets and apologies if you were, or anyone else, has been offended by my comment.

Gold Coast martin 13:45 GMT March 23, 2004 Reply   
CALABASH...if you go back and read my earlier posts of today as well of the last 3 days you will get a more specific picture of the aud.....in a nutshell the aud should resume its downward bias as from todays ny session and should get to as low as 7150 by the end of ny york session friday...if you want more specifics please read my previous posts if the last 4 days from the archives...g/l g/t

HK Kevin 13:44 GMT March 23, 2004 Reply   
Tor Pumpkin 13:40 GMT, many thanks. But USD/CAD rises following the indicator announcement.

melbourne farmacia 13:41 GMT March 23, 2004 Reply   
dc fxq 11:55 GMT March 23, 2004
If your post was directed at me.... well i agree re ranging market etc.. many intraday pip opp's. GBP/USD on the other hand usually covers 100 odd points between London open and few hours into NY regardless of Trending/Ranging market. Just pointing out it hadn't completed range yet. - Failure to over come 100 by close suggests following daily range 150 - 200. As i write Cable just covered 100. Based on my intraday rules, my trade has just closed on auto. GT

Tor Pumpkin 13:40 GMT March 23, 2004 Reply   
kevin, 0.4%, exactly as expected.

Calabash TarHeel 13:40 GMT March 23, 2004 Reply   
Gold Coast martin

Would you mind giving me your thoughts regarding the Aud/$ for today.

TIA, GL, GT

nyc jk 13:38 GMT March 23, 2004 Reply   
thanks fxq, I have not tracked it for as long as you so good to know we get more than we pay for!

dc fxq 13:38 GMT March 23, 2004 Reply   
For global data dates and times (not generally with estimnates) http://www.macro-dev.com/mthcalendar.php is very good.

HK Kevin 13:38 GMT March 23, 2004 Reply   
Anyone have CAD February Leading Indicator, please.

Gold Coast martin 13:37 GMT March 23, 2004 Reply   
NYC..jk..thank you ...g/l g/t

Tallinn viies 13:37 GMT March 23, 2004 Reply   
of course

dc fxq 13:36 GMT March 23, 2004 Reply   
nyc jk 13:33 GMT not only free but also quite good on their own and consensus estimates I've found over the years.

nyc jk 13:34 GMT March 23, 2004 Reply   
that's for all major US data...

nyc jk 13:33 GMT March 23, 2004 Reply   
martin - around +1.5% briefing.com has free forecasts for all major economic data fwiw.
raven - lol

Gold Coast martin 13:31 GMT March 23, 2004 Reply   
What are the predictions for the durable goods data that is been released on wed.in us?i would appreciate comment...

Va Raven 13:30 GMT March 23, 2004 Reply   
viies - understand you have capital around $10 billions, so that tiny size position is huge to me.....

LA saint3 13:27 GMT March 23, 2004 Reply   
viies,

You are trading mini?


^_^

Tallinn viies 13:26 GMT March 23, 2004 Reply   
Va Raven 13:13 - even 1000 points against me would be less than 1% of my capital fwiw

IST Sez 13:21 GMT March 23, 2004 Reply   
Qindex still here ?
What s your target after 1,2270.. frd?
can we expect A bounce eur from that level
TIA.

Indonesia Solo raden_masandi 13:20 GMT March 23, 2004 Reply   
usd/cad when at 1.3325
there is home work to touched few pips lower than 1.3153...is
1.3148

Indonesia Solo raden_masandi 13:14 GMT March 23, 2004 Reply   
usd/chf 1.2644/57.
hope exact top.
eur/usd 1.2267/58
hope exact bottom.

Va Raven 13:13 GMT March 23, 2004 Reply   
viies - what size is a tiny one?

sydney fg 13:08 GMT March 23, 2004 Reply   
got that right. what a mess.

Tallinn viies 13:08 GMT March 23, 2004 Reply   
grabed tiny euro long at 1,2272. just for a quick pips up to 1,2310/20 level.
fwiw

SA getFX 13:06 GMT March 23, 2004 Reply   
Euro once more at "squabble level" - 1.2270. Have a look back and see just how often & long we've played around this level. Very popular!

Riga Nick 12:48 GMT March 23, 2004 Reply   
Nottingham
Thanks for your reply.
Generally I think a lot about the philosophy of FX. MA one of indicator that got to work, but I think they cann't give the exact price. As all other indecators as well. :)
Don't pay attention. Just some mind flustrations. :)
GL & GT

dc fxq 12:45 GMT March 23, 2004 Reply   
Quito Valdez 12:17 GMT - gracis and de nada Quito! I've reposted it in the help forum along with some other thoughts for the benefit (hopefully) of some who are getting frustrated with the "failure" of their faorite pairs to move in a straight line.

Nottingham 12:41 GMT March 23, 2004 Reply   
Riga Nick 12:19 GMT

imo that level would be a trend acceletrator or trend killer for that particular move, not an entry level as far as I'm concerned given cable at these levels doesn't meet my criteria to trade...gl gt

Indonesia Solo raden_masandi 12:31 GMT March 23, 2004 Reply   
my message for eur/usd players.
be carefull when price entry range 1.2267-58.
maybe buyers wait there

GVI john 12:26 GMT March 23, 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 106.90
DJIA +43 pts… 10-yr 3.73%, +2 bp
PERSONAL OPINIONS:
For a broad range of opening levels click on GVI’s “Market Snapshot”:
CLICK HERE
I detect a certain amount of frustration about the various terrorist rumors in the markets. They tend more to result on lethargy than market movements and I think we will begin to see traders increasingly start to take them in stride. The problem I see is that no currency is standing out now as a screaming buy or sell. The dollar has already fallen and the euro increasingly is raising doubts about whether current levels are sustainable. The yen also is expected to encounter a period of seasonal weakness once public and private fund managers start to deploy assets abroad for the new fiscal year.

All I see are growing signs of weakness. The Bank of Canada is priced to cut rates on April 13. Any hope for an RBA hike is gone, and the Fed is not going to do anything this year. April euronia futures (euro overnight futures) are now below 2.0% (1.98%) for the first time I have seen, and mid-year Euribor futures price in about 50% odds on a rate cut. I read again today talk that the BOJ is considering another liquidity injection.

Only the BOE is poised to hike rates and we all saw how that backfired on the Bank of Canada a year ago, and possibly the RBA currently? It seems the whole world is depending on the U.S. consumer and a new life for the U.S. economy from the tax refunds over the next few months.

At the same time OPEC is squeezing oil consumers globally for all they can. It will be bad news if the April 1 production cuts are made as scheduled. Prices will go higher and this will be another tax on consumption. As for stocks, as I have been saying, we are in liquidating markets and liquidating markets can be very unpredictable. Psychologically, I think dow 10,000 is the level to watch.

No key U.S. data are scheduled for Tuesday, but Wednesday will see the key February Durable Goods and home Sales data. I understand that FRB Chairman Greenspan will speak twice this week. There has to be a play here somewhere and my best guess is that the next one will be counterintuitive. Any suggestions?
CALENDAR
MONDAY, MARCH 22, 2004
No Key Data Expected

TUESDAY, MARCH 23, 2004
23:50 GMT- JPN- Tertiary Activity Index, vs. +0.2% m/m
23:50 GMT- JPN- All Industry Activity Index, -0.4% m/m
07:45 GMT- FRA- Feb final CPI: vs. preliminary +0.1%. +2.2% y/y
13:30 GMT- CDA- February Leading Indicator, +0.6%
21:00 GMT- CDA- Federal Budget

WEDNESDAY, MARCH 24, 2004
23:50 GMT- JPN- Corporate Service Price Index, vs. -0.9% y/y
00:00 GMT- AUS- March Skilled Vacancy Index, vs. +0.2% m/m
GER: March preliminary CPI (date approx) vs. +0.2%, +0.9% y/y in Feb
12:00 GMT- US- MBA Mortgage Finance Index
13:30 GMT- US- Feb Durable Goods orders: vs. -2.3% in Jan, see +2.0%
14:30 GMT- US- API/DOE Weekly Energy Inventories
15:00 GMT- US- Feb New Home Sales: vs. 1.106 mln Jan, see 1.1 mln

THURSDAY MARCH 25, 2004
23:50 GMT- JPN- Weekly Portfolio Flows
11:00 GMT- UK- CBI Industrial Trends Survey
13:30 GMT- US- Weekly Jobless Claims
13:30 GMT- US- 4Q04 GDP revision: vs. preliminary +4.1%
15:00 GMT- US- Feb Existing Home Sales: vs. 6.04 mln Jan, see 6.1mln

FRIDAY, MARCH 26, 2004
23:30 GMT- JPN- February Tokyo CPI, vs. -0.2%
23:50 GMT- JPN- February Retail Sales, vs. +1.3%
09:00 GMT- GER- March IFO Business Sentiment Survey: vs. 96.4 in Feb
09:30 GMT- UK- 4Q03 Current Account: vs. -GBP8.1 bln (deficit) in 3Q03
09:30 GMT- UK- GDP (3rd revision): vs. +0.9%, +2.8% y/y (2nd revision)
11:00 GMT- EUR- Feb M3 (money supply): vs. +7.0% y/y in Jan
13:30 GMT- US- Feb Personal Income: vs. +0.2% in Jan, see +0.3%
13:30 GMT- US- Feb Personal Cons Exp: vs. +0.4% in Jan, see +0.5%
13:30 GMT- CDA- January Retail Sales
13:30 GMT- CDA- January Wholesale Trade
14:45 GMT- US- Mar University of Michigan Cons Sent: vs. 94.1 mid-March

SUNDAY, MARCH 26, 2004
AUS- Daylight Savings Time Ends
EZ/UK- Daylight Savings Time Begins

Melbourne Qindex 12:19 GMT March 23, 2004 Reply   
Melbourne Qindex 22:50 GMT March 22, 2004
USD/CHF : The weekly cycle charts indicate that the market is likely to trade between 1.2568 - 1.2673 - 1.2778. The congested area of my daily cycle charts suggest that the market is going to consolidate between 1.2545 - 1.2639 and will tackle 1.2826 later today.


...1.2514 // 1.2575 - 1.2636 - 1.2697 // 1.2758 ... 1.3063 ...

Riga Nick 12:19 GMT March 23, 2004 Reply   
Nottingham
Hello. you are relying so much on penetrations of daily MA on intraday basis?

london phil 12:18 GMT March 23, 2004 Reply   
nottingham if i want to put the 50 sma on my 1 hour charts do i multiply by 24 hours or is it not that simple thanks

Melbourne Qindex 12:18 GMT March 23, 2004 Reply   
Melbourne Qindex 23:24 GMT March 22, 2004
GBP/USD : The critical point of my daily cycle is located at 1.8449. The market is under pressure if it is trading below 1.8480. Basically the market has a potential to vibrate around 1.8449 with an expected magnitude of +/- 95 pips. The odds are in favour of taking short position.


... 1.8164 ... // 1.8354 - 1.8449 - 1.8544 // ...

dc fxq 12:17 GMT March 23, 2004 Reply   
We now are holding near the projected low of the day (1.2280) after touching there a few minutes ago. Failure there then opens the way to 1.2238.

Quito Valdez 12:17 GMT March 23, 2004 Reply   
dc fxq// two words: thanks amigo. I'm learning, and you're so right.

SA getFX 12:17 GMT March 23, 2004 Reply   
Cable trying to break out of 4h bear flag - on pivot...

Bahawalpur , Punjab Imran 12:16 GMT March 23, 2004 Reply   
Just Off from Eur/USD +32
have a nice trade wich u all the best
and thanks Gep & Qindex;)

CAIRO AG 12:16 GMT March 23, 2004 Reply   
Perth/// YES, REALLY.. good luck to U.... small advice: place a sl pls.... Good Luck

sydney fg 12:15 GMT March 23, 2004 Reply   
fwiw taking profit in eur here. see what usdchf and us stocks do.

pj amc 12:08 GMT March 23, 2004 Reply   
just went long eur/jpy at 131.15

perth Rick 12:04 GMT March 23, 2004 Reply   
sold gbp at market 1.8430 for 1.80 gl to me.

Nottingham 12:03 GMT March 23, 2004 Reply   
Cable just bounced off 50 day sma...decent losses if taken...glgt

PAR 12:00 GMT March 23, 2004 Reply   
Looks like ECB is selling EURO in dirty floating operation.Could explain EURO weakness on crosses.

dc fxq 11:55 GMT March 23, 2004 Reply   
EURUSD hs been locked in a range trade between 1.2455 and 1.2057 since it broke the double bottom of Jan 18 - Jan 28 (1.2338 - 1.2351) which may explain some of the testiness we've seen on this forum of late. It would appear that fx'ers like futures and equity traders the world over find it difficult to deal with range trading markets which statistically dominate over trending markets.

The bottom line is it is much easier to make pips in a trending market than it is to retain them in a range bound market which differentiates the pro's form the amatuers.

Melb mpfx 11:54 GMT March 23, 2004 Reply   
Fwiw dont often re post but this is still valid as we still do not have a break so far this week....

Melb mpfx 02:36 GMT March 21, 2004
Fwiw........
Interesting to note that eur/usd has had 2 consecutive inside weeks, ( failure to break previous weeks high or low ), like a spring being wound up too tight at some point it will have to release. I am slightly bias to the downside but this is fx and anything possible....... gt

Eur/Usd
Previous weekly Close ~ 1.2275
Range in Pips ~ 258

Previous weekly High ~ 1.2433
Fib Retrace 25% ~ 1.2369
Fib Retrace 33.3% ~ 1.2347
Fib Retrace 38.2% ~ 1.2334
Fib / Pivot 50% ~ 1.2304
Fib Retrace 61.8% ~ 1.2274
Fib Retrace 66.6% ~ 1.2261
Fib Retrace 75% ~ 1.2240
Previous weekly Low ~ 1.2175

sydney fg 11:48 GMT March 23, 2004 Reply   
SG Jay 11:45 GMT March 23, 2004
Do you guys think we will see another weaking of the usd across the board today again ?

not sure. will be keeping my eye on us equities. futures up and dollar is up.

Vilnius george 11:47 GMT March 23, 2004 Reply   
london phil 11:38

example eur/usd :
from the the first day of this month we have moved 126 pips lower . well i would call it - huge move.

SG Jay 11:45 GMT March 23, 2004 Reply   
Do you guys think we will see another weaking of the usd across the board today again ?

melbourne farmacia 11:42 GMT March 23, 2004 Reply   
OMIL - Fine, i knew u talking Euro.

sydney fg 11:41 GMT March 23, 2004 Reply   
Tallinn viies 11:37 GMT March 23, 2004
sydney fg 11:32 - selling on upticks...

thk u. is this ur view for today?

omil, eur/gbp looking helpful.

london phil 11:38 GMT March 23, 2004 Reply   
Vilnius george 11:35 GMT March 23, 2004
there are no action for a few days allready. its too boring to trade. even usa stocks are moving faster than forex. lol

was i asleep yesterday im sure the majors all had 200 pips moves yesterday and the day before no pleasing some people

Tallinn viies 11:37 GMT March 23, 2004 Reply   
sydney fg 11:32 - selling on upticks...

Miami OMIL (/;-> 11:35 GMT March 23, 2004 Reply   
Actually Farmacia I was looking at the eur/usd charts which at the moment looks a bit different than gbp/usd. FWIW I have a weak long signal for gbp/usd on the daily charts with support right now sitting at around 1.8420 (55dma). The bounce it took from the 100dma has given it wings for the moment IMHO. GT

Vilnius george 11:35 GMT March 23, 2004 Reply   
there are no action for a few days allready. its too boring to trade. even usa stocks are moving faster than forex. lol

sydney fg 11:32 GMT March 23, 2004 Reply   
anyone with comments on oil today? thks in advance.

melbourne farmacia 11:25 GMT March 23, 2004 Reply   
OMIL - not wrong mate, london guy's should of pushed GBP 100 points by now. GT

dc fxq 11:18 GMT March 23, 2004 Reply   
FWIW - EURUSD has held, thus far, my critical support level at 20 day ema (1.2307 - based on 20:00 GMT 15;)) et NY close). Failure there leads to 1.2287 and then 1.2238 as next key support levels.

Miami OMIL (/;-> 11:15 GMT March 23, 2004 Reply   
Thanks for the information Qindex.

dc fxq 11:14 GMT March 23, 2004 Reply   
Brisbane jeb 10:46 GMT --- did you mean "chat room charlie"? Letsa hope so.

Melbourne Qindex 11:10 GMT March 23, 2004 Reply   
Melbourne Qindex 22:37 GMT March 22, 2004
EUR/USD : The pattern of my weekly cycle probability chart indicates that the market has a tendency to trade between 1.2101 - 1.2406. The current expected trading range is 1.2304 - 1.2406 and the next target is 1.2202. As shown in my 22-day cycle reference the market is trading below 1.2356 and the current expected trading range is still 1.2222 - 1.2356. The lower barrier of my daily cycle is expected at 1.2208 // 1.2239 and the upper barrier is positioning at 1.2394 // 1.2425.


... 1.2115 ... 1.2208 // 1.2239 - (1.2270) - 1.2301 - 1.2332 - 1.2363 - 1.2394 // 1.2425 ...

Melbourne Qindex 11:09 GMT March 23, 2004 Reply   
Melbourne Qindex 04:33 GMT March 23, 2004
EUR/USD : 1.2356 offers good resistance in Asia session.

Gen dk 11:09 GMT March 23, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Miami OMIL (/;-> 11:09 GMT March 23, 2004 Reply   
Hello Farmacia the ranges are getting tighter too, which supports your comment hope you are having a good week. GT

Melbourne Qindex 11:09 GMT March 23, 2004 Reply   
Melbourne Qindex 08:09 GMT March 23, 2004
EUR/USD : The current expected trading range from my 22-day cycle is 1.2182 - 1.2364. Speculative selling will increase if the market is trading below 1.2272.

Melbourne Qindex 11:08 GMT March 23, 2004 Reply   
Melbourne Qindex 10:10 GMT March 20, 2004
EUR/USD : Heading Towards 1.1686?


The distribution profile of my 22-day cycle (19/03) probability chart indicates that the market has a tendency to trade between 1.1686 - 1.2356. On the way to 1.1686 there are 3 major barrier, namely 1.2222, 1.2088 and 1.1954, for the market to tackle. Other cycle analyses will be used to closely monitor the situation.

SA getFX 11:06 GMT March 23, 2004 Reply   
Dr Q > Tx! I agree regarding ~ 1.227.

melbourne farmacia 11:05 GMT March 23, 2004 Reply   
Get the feeling market's primed for some very nasty action soon. Keep stops tight and follow the flow...

Melbourne Qindex 11:02 GMT March 23, 2004 Reply   
SA getFX 10:57 GMT - The order is basically random walk. I would expect resistance at 1.2225. If the market can penetrate through 1.2300, the key level is 1.2272.

cl pk 10:58 GMT March 23, 2004 Reply   
Dollar Swiss will have a tough time holdong above 1.2600. Time to short .....

SA getFX 10:57 GMT March 23, 2004 Reply   
Dr Q > Sorry, I evidently was not very clear when requesting your input. Here goes:
Melbourne Qindex 10:42 GMT March 23, 2004
EUR/USD : 1.2272 - 1.2225 - 1.2256
The last figure - just a level?
Or, is the string of levels your expected order of movement?
Tx.

Miami OMIL (/;-> 10:56 GMT March 23, 2004 Reply   
Those numbers represent today’s range for eur/usd.

cl pk 10:55 GMT March 23, 2004 Reply   
Guys $ Yen waiting to crack any moment. Expect 103 in the coming days

Miami OMIL (/;-> 10:54 GMT March 23, 2004 Reply   
FWIW I have rough numbers for a daily pennant closing the range (1.2400-10—1.2230-20) and is still valid IMHO. GL GT

Melbourne Qindex 10:52 GMT March 23, 2004 Reply   
SA getFX 10:47 GMT - See details in my page if the market can reach 1.2272.

Melbourne Qindex 10:51 GMT March 23, 2004 Reply   
SA getFX 10:47 GMT - EUR/USD : I am expecting it to go lower within 22 trading days.

SA getFX 10:47 GMT March 23, 2004 Reply   
Dr Q > Is that the order in which you expect movement (Euro)? Or are these levels? I have next under 1.2233 as 1.2185. Tx.

Gold Coast martin 10:46 GMT March 23, 2004 Reply   
moscow DAP......was only intended as a joke...i am well aware of the steadiness of the ruble in the past 2 years...i wish the aud and the usd had the same level of steadiness.....g/l g/t

Brisbane jeb 10:46 GMT March 23, 2004 Reply   
has he really gone?
please tell me he's gone.

Indonesia Solo raden_masandi 10:44 GMT March 23, 2004 Reply   
today chart make me boring.
but I realize patience is must. :-)
usd/chf have get 1.2597 and ready to move down from there.
welcome 1.2506.
SELL !!

Tallinn viies 10:44 GMT March 23, 2004 Reply   
as there were no meaningful stops under NY low interbanks guys took some profits...

covered my short euro at 1,2322.
planning to resell.

Melbourne Qindex 10:42 GMT March 23, 2004 Reply   
EUR/USD : 1.2272 - 1.2225 - 1.2256

Tallinn viies 10:41 GMT March 23, 2004 Reply   
IMO this weights on eurusd and this is ot first month in row.
MMS: Eurozone Jan EUR 22 bn net portfolio/direct inv outflow

NZ Bomber 10:40 GMT March 23, 2004 Reply   
Well...It's goodnight form him ...............and goodnight from me ............:-)
I wish you all a good days trading

Moscow Dap 10:40 GMT March 23, 2004 Reply   
Gold Coast martin 10:31 GMT March 23, 2004


MOSCOW, MARCH 22, (RIA NOVOSTI). Parliament insists on rouble rates sent down. The Central Bank of Russia is dead set against it, bank president Sergei Ignatyev said to the State Duma, lower house, as its budget and taxation committee was sitting in joint session with the committee for finance markets and banking.

The rouble has been on a steady upswing for two years now to the detriment of Russian-based manufacturers in the domestic and foreign markets alike, and to dampen their solvency, argued parliamentarians.

That might be true but a rouble fall will sweep up inflation, which has been dropping pace within several preceding years. "It is out of the question to bring the real effective rouble rate down painlessly," Mr. Ignatyev retorted.

The Central Bank is closely monitoring the developments and will not tolerate rapid rouble rises. "We shall not allow the real effective rate get more than 7 per cent up even with the year's petroleum prizes very high," he added reassuringly.

GL @ GT

SA getFX 10:39 GMT March 23, 2004 Reply   
Cable appears to be respecting 4h bear flag lower T/L....
If euro dips, I have 1.2276/1.2233....

NZ Bomber 10:34 GMT March 23, 2004 Reply   
sorry......or night trading

NZ Bomber 10:33 GMT March 23, 2004 Reply   
OK, sorry, to all involved, have a great day trading...............

Gold Coast martin 10:31 GMT March 23, 2004 Reply   
rubles is not the currency holding at the moment....lol

Melbourne Qindex 10:31 GMT March 23, 2004 Reply   
IST Sez 10:28 GMT - Hi! EUR/USd is following Gold. Yesterday spot gold hit the high at 419.

SA getFX 10:30 GMT March 23, 2004 Reply   
bomber > please cool it..

Melbourne Qindex 10:29 GMT March 23, 2004 Reply   
IST Sez 10:28 GMT - Hi! EUR/USd is following Gold. Yesterday spot gold hit the high at 319.

NZ Bomber 10:29 GMT March 23, 2004 Reply   
Well.I'm off to bed....there really isnt much happening here tonight

IST Sez 10:28 GMT March 23, 2004 Reply   
Well come Qindex,
I think you catched the "eur down" party frd.!!
enjoy it...

Moscow Dap 10:26 GMT March 23, 2004 Reply   
Helsinki iw 10:14 GMT March 23, 2004

Maybe, it helps.
http://www.rian.ru/rian/index.cfm?prd_id=61&msg_id=4089892&startrow=21&date=2004-03-23&do_alert=0

GL @ TL

EZ Rachacha 10:26 GMT March 23, 2004 Reply   
Porto Azarento 10:21 GMT March 23, 2004

What a pity there isn't a Plutonium/usd pair I would have sold an once or two lol...

Melbourne Qindex 10:26 GMT March 23, 2004 Reply   
EUR/USD : 1.2272

NZ Bomber 10:25 GMT March 23, 2004 Reply   
Thank you.................it does seem extremely primtive..............

EZ Rachacha 10:23 GMT March 23, 2004 Reply   
I'm not in NZ but in Euro Zone.

Melbourne Qindex 10:22 GMT March 23, 2004 Reply   
Melbourne Qindex 07:58 GMT March 23, 2004
Spot Gold : The current expected trading range from my 22-day cycle is 412.8 - 419.0

Melbourne Qindex 07:56 GMT March 23, 2004
Spot Gold : A projected resistant level is positioning at 421.1 - 421.5.

Belgrade Knez 10:21 GMT March 23, 2004 Reply   

Euro cannot go through Pivot point, if it does, all shorts close at S1 (1.2235)

GL & GT


Belgrade Knez 06:57 GMT March 23, 2004

My pivot points shows to be very occurate, so I am free to post it. If you like it I will be posting them every day.

eur/usd
R3 1.2605
R2 1.2505
R1 1.2420
PP 1.2320
S1 1.2235
S2 1.2135
S3 1.2050

GL & GT

Porto Azarento 10:21 GMT March 23, 2004 Reply   
yes rachacha. its a very primitive analysis.

EZ Rachacha 10:21 GMT March 23, 2004 Reply   
No actually , I've checked, it's less than 3000 kms, but still.....I gonna have a third eye (better to watch charts!)

NZ Bomber 10:21 GMT March 23, 2004 Reply   
Sorry Rachacha........got your name wrong....so, where are you in NZ?

Ldn Cashman 10:19 GMT March 23, 2004 Reply   
Gold has done an about turn this morning. Weighing on EUR/USD

NZ Bomber 10:19 GMT March 23, 2004 Reply   
To Rachcchata
What do you mean that you live out here at 1500km?????????
the bloody country is only 2000km long!!

EZ Rachacha 10:16 GMT March 23, 2004 Reply   
NZ Bomber 10:09 GMT March 23, 2004

Well I live out there! at less than 1500 kms, do you think the toxic nuclear cloud would stop at my door? lol

Helsinki iw 10:14 GMT March 23, 2004 Reply   
Apparently this vessel turned back already a week ago.
Right now it seems this is blown a bit out of proportion, but
still waiting for more details.

NZ Bomber 10:10 GMT March 23, 2004 Reply   
Are you a muslim?

sydney fg 10:10 GMT March 23, 2004 Reply   
omil, ta mate. tend to agree with you. ducking out while we in this tight range. good luck frnds.

NZ Bomber 10:09 GMT March 23, 2004 Reply   
Hey Rachacha......I still have family out there...........careful!!

Moscow Dap 10:09 GMT March 23, 2004 Reply   
Take it ease guys, Russian Admiral Kuroedov just said this
stuff as a metaphor.

GL @ GT

NZ Bomber 10:08 GMT March 23, 2004 Reply   
youre right Sydney - ta

Miami OMIL (/;-> 10:07 GMT March 23, 2004 Reply   
sydney fg 09:54 GMT March 23, 2004
Intraday indicators for eur/usd are mixed at the moment but favor another shot at 1.2210 again. The key here is to break through the last fib retracement at 1.2290-95 right now the upside is being capped at 1.2335-40 area. I will wait for a clear break of the 1.2300 area for a better intraday sell signal IMHO. GL GT

EZ Rachacha 10:06 GMT March 23, 2004 Reply   
Ok, so let's say this rusty cruiser explodes, this will contamine a good part of the euro zone including england, THEN we should buy dollars....what do you think about this primitive analyse?lol

Sydney alimin 10:05 GMT March 23, 2004 Reply   
NZ Bomber, personally i think when there is nothing to do then best is do nothing :) be patient mate

Helsinki iw 10:04 GMT March 23, 2004 Reply   
"Peter the Great" is on teh Barents Sea and is normally based
in Murmansk.

PAR 10:02 GMT March 23, 2004 Reply   
Russian cruiser in Murmansk. This is close to Sweden and Finland.

NZ Bomber 10:00 GMT March 23, 2004 Reply   
Well...its 10pm here and I cannot find another trade.........everything seems pretty flat out there.......................any advice?

sydney fg 09:54 GMT March 23, 2004 Reply   
gotta love the russians. they'd rather nuke themselves than suffer the embarrasment of nuking an iceberg.

OMIL, u around buddy? where we go from here...another test of 1.2320 or we going to doss around waiting for data and (i think) john snow talking later.
i favour test of 1.2320 again fwiw.

NZ Bomber 09:49 GMT March 23, 2004 Reply   
Well done Raden................this is more like CNN than CNN is !!!!!

Ldn Cashman 09:48 GMT March 23, 2004 Reply   
viies. On Sky News "Nuclear cruiser could expolde" breaking news

Indonesia Solo raden_masandi 09:47 GMT March 23, 2004 Reply   
seen gbp/usd must be finished at 1.8524.
be carefull with that number !!

Sydney alimin 09:46 GMT March 23, 2004 Reply   
hmm that's interesting, would that be more disastrous to bring it to the port risking many more lives?

NZ Bomber 09:45 GMT March 23, 2004 Reply   
I'm sorry, I am a UK trader based in NZ generally day trading.........offering whatever limited advice I can.........I hadnt realised that this was for professional traders only!

Tallinn viies 09:45 GMT March 23, 2004 Reply   
german bank is spreading a rumour about russian nuclear explosion :)

amazing guys

Ldn Mvs 09:44 GMT March 23, 2004 Reply   
Sky breaking news:
Russia's nuclear battle cruiser Peter the Great has been rushed back to port because it "could explode at any moment," the head of Russia's fleet has said.


uk 09:43 GMT March 23, 2004 Reply   

CRUISER COULD EXPLODE


Russia's nuclear battle cruiser Peter the Great has been rushed back to port because it "could explode at any moment," the head of Russia's fleet has said.

Sydney alimin 09:42 GMT March 23, 2004 Reply   
:) everyone is calling buy sell buy sell, i hope new traders are not confused of which one to follow...trade carefully and smart...gl gt

Ltn th 09:38 GMT March 23, 2004 Reply   
Quito Valdez 03:16 // Projection based on meterological forecasts for mid west and the likely lack of rain now and ahead. I understood ohio was included but not the other states you mention.

van Gecko 09:38 GMT March 23, 2004 Reply   
ooozmeeh 09:01.. good afternoon.. her majesty gbp bouncing merrily up here mainly compliment of her crosses & the recent 'gold rush'.. expect the 1.8550/1,86's to cap for a retest of the 1.80/1.75 levels.. gold may be on the verge of dipping below 412 near term.. multiple daily close below 410 could push the dollar up against all of the majors..
gl..

shanghai bc 09:35 GMT March 23, 2004 Reply   

NT -- Not sure if the Working Group boys can manage that this time..Looks very weak each day and long summer ahead with poor job numbers,rising Oil price,decling Stox and more terrorist wanabies..Buy more Gold on dips..

NZ Bomber 09:33 GMT March 23, 2004 Reply   
Well, I really feel that the GBP/USD is on the up.....I think that it will hit 1.8470 tonight (pacific time)

Dallas GEP 09:31 GMT March 23, 2004 Reply   
ML. yeah that IFR plugin is working but SLOWLY

UKL 09:31 GMT March 23, 2004 Reply   
IFR saying US Sellers Stall Aussie Rise

ICT ML 09:30 GMT March 23, 2004 Reply   

NZ Bomber 09:27...was planning to cover short at 1.8400 and resell a break below..but stubborn thing is fighting that plan right now

NZ Bomber 09:27 GMT March 23, 2004 Reply   
Sorry chaps..........didnt realise that the majority out here were live traders...........so, what do you recon to the GBP?.............up or down?

Dallas GEP 09:27 GMT March 23, 2004 Reply   
1.2617 on usd/chf stop

Indonesia Solo raden_masandi 09:26 GMT March 23, 2004 Reply   
hey.. BOJ still have chance to help yen through eur/jpy until 141.60

hong kong nt 09:25 GMT March 23, 2004 Reply   
bc -- heard of option protection below DJIA 10000 this month? good trades...

Calabash TarHeel 09:19 GMT March 23, 2004 Reply   
Dallas GEP 09:09 GMT March 23, 2004

Gep, shorted $/Swissy at 1.2580. Your thoughts on s/l would be appreciated.
TIA

GL,GT

ICT ML 09:18 GMT March 23, 2004 Reply   
GEP...your ifr plug-in working today?

NZ Bomber...yes mate....live..with real clients we have to justify our every bad move to and never the good ones...haha

sarasota jf 09:18 GMT March 23, 2004 Reply   
ab - i see us banks saying sell euryen today - what u got in that?

Indonesia Solo raden_masandi 09:18 GMT March 23, 2004 Reply   
Dallas GEP,
agree with you about usd/chf.
I think difficult to pass 1.2596. Ideal top is 1.2585-96 only.
sell to get 1.2436.
or if we meet 1.2644 that's good for sell too.

NZ Bomber 09:15 GMT March 23, 2004 Reply   
Do I detect a slight note of sarcasm in the air?

NZ Bomber 09:14 GMT March 23, 2004 Reply   
Yup...............the real stuff.............and isnt it a great way to make a living!!!!!!!!!!!!!!!!!!

NZ Bomber 09:13 GMT March 23, 2004 Reply   
Well, thats a relief!!!

Dallas GEP 09:13 GMT March 23, 2004 Reply   
Bomber, LIVE as in REAL money?????

Ldn Mvs 09:12 GMT March 23, 2004 Reply   
NZ Bomber 09:08 GMT
I think it's safe to say that the majority do

Dallas GEP 09:09 GMT March 23, 2004 Reply   
For those that have shorted usd.chf, it is possible that usd/chf could test near highs again before shorting but at the same lows will probably be tested again as well.

NZ Bomber 09:08 GMT March 23, 2004 Reply   
Does anyone on this forum actually trade live?

Ldn Viewer 09:07 GMT March 23, 2004 Reply   
Riga Nick 09:00 - Good point .. infact goes for all countries ...
They always balme oil producers but never look at how much they take ...

PAR 09:06 GMT March 23, 2004 Reply   
High energy cost, high labor cost, high taxes and low interest rates are some of Europs biggest problems.

hk ooozmeeh 09:01 GMT March 23, 2004 Reply   
GECKO... sir any views on GBP. TIA....

Riga Nick 09:00 GMT March 23, 2004 Reply   
PAR
OPEC and oil prices.
==============
Europe can decrease the cost of fuel twice if they cut their taxes. So I wouldn't say oil prices is problem for europe.

NZ Bomber 08:58 GMT March 23, 2004 Reply   
I would suggest going long the EUR @ 1.2231 now for a quick 10 pip hike

Dallas GEP 08:55 GMT March 23, 2004 Reply   
Last time down there, there wasn't enough momentum to take out those usd/chf 1.2510/15 stops. If one were to assume geo-political events will cause the SWISS to long against all the other currencies then SWISS based pairs could all easily drop 100-150 PIPS (usd.chf, eur/chf, gbp/chf etc.)

Added another layer of short usd/chf @ 1.2560. NOTE: these positon sizes are NOT as large as one would take if intent was to just enter ONE time.

tel-aviv dor 08:52 GMT March 23, 2004 Reply   
Hi GEP : when GBP/F lost 150pips 22/3 10:00--23/3 22:20 , the$/F lost238 pips.

PAR 08:51 GMT March 23, 2004 Reply   
Biggest problem to european growth is not interest rates but OPEC and oil prices.

NZ Bomber 08:50 GMT March 23, 2004 Reply   
Everything is pointing at a further drop in the GBP/USD..............

van Gecko 08:49 GMT March 23, 2004 Reply   
goldbugs cooling off with cold water face washes..

NZ Bomber 08:48 GMT March 23, 2004 Reply   
I thibk that the USD/JPY is going down not up

Dallas GEP 08:43 GMT March 23, 2004 Reply   
Viewer, Seems like GBP and Euro are at the complete mercy of the crosses right now so that's the difficulty IMO

Ldn Mvs 08:40 GMT March 23, 2004 Reply   
GBP bounced off it's 50-day m.a so far - use as key pivot lvl this mrng around 1.8420...

shanghai bc 08:40 GMT March 23, 2004 Reply   

London session is likely to see more recovery of Dollar sold yesterday..

Ldn Mvs 08:37 GMT March 23, 2004 Reply   
Dow futures up some 50 pts so far - would not bank on a repeat of yesterday - if anything may see some unwinding - prefer to see stops triggered at 1.2315/20 area in Euro now and head for high 1.22's this mrng - wud buy $'s on dips this mrng....

kgl 08:34 GMT March 23, 2004 Reply   
someone tell me why the GBPUSD is falling?!!
thks

Ldn Viewer 08:34 GMT March 23, 2004 Reply   
GEP your call on EUR , GBP is so correct .. picture is totally confusing ...

Tallinn viies 08:32 GMT March 23, 2004 Reply   
intraday stops rumoured to be at 1,2310/15 range fwiw

Sydney alimin 08:22 GMT March 23, 2004 Reply   
aussie dollar is still pretty tough up there, resisting to go down

Vilnius george 08:16 GMT March 23, 2004 Reply   
what i see on charts:
for the first time from 02.19 we have all bullish curenncies against usd ,except cady.
lets see whats going to be this week.

Singapore Pilot 08:15 GMT March 23, 2004 Reply   
yeah think downside limited now for usdyen... if long put ur s/l at 106.50..even then i reckon 105.90 will be solid supp

Dallas GEP 08:15 GMT March 23, 2004 Reply   
Sold usd/chf @ 1.2535 (heat of battle!!! LOL), if this doesn't work NOW it will in next day or two. GBP/CHF shorting 150 PIPS was pressuring SWISSY. USD/CHF should print 1.2485 or 1.2450 in next few sessions.

gold coast jsh 08:11 GMT March 23, 2004 Reply   
anyone feel like buying some $/yen? i do

KL KL 08:10 GMT March 23, 2004 Reply   
Ldn Hat 07:29 , good call on gbp...I had no idea where this pair can go ..where is a good place to long?? care to share

Ldn Viewer 08:10 GMT March 23, 2004 Reply   
MACD on GBPUSD keep its offered tone in that last blip up ... now well offered ... GL all

Melbourne Qindex 08:10 GMT March 23, 2004 Reply   
EUR/USD : Current Comment.  Register with [email protected] if you have no access to my page.

jordan joe 08:09 GMT March 23, 2004 Reply   
thank you gys

gold coast jsh 08:09 GMT March 23, 2004 Reply   
sorry that was the bid price...forgot you were in a short pos. so the offered i had was about right for your stop then...sorry

Ldn Viewer 08:09 GMT March 23, 2004 Reply   
jordan joe 08:04 - Its one of those you are done on the spread - slippage ... been there done that ... Its Tough ...GL all

calcutta pk 08:09 GMT March 23, 2004 Reply   
High of GBPUSD is 1.8509 as of now

gold coast jsh 08:08 GMT March 23, 2004 Reply   
jordan joe...I have only 1.8505...but 1.8510 could be legit depending on your broker...tough one though

Chambery FR JFB 08:07 GMT March 23, 2004 Reply   
jordan joe 08:04 GMT March 23, 2004
High on my platform is 1.8511... sorry :-(

ICT ML 08:06 GMT March 23, 2004 Reply   
joe....our high is 11 offreed so you would be done here as well

calcutta pk 08:06 GMT March 23, 2004 Reply   
GBPUSD : Expect selling in the zone of 1.8500-1.8600. I have a downward target of 1.8200-1.8250. I am not bearish but i am a buyer only at lower levels. The zone of 1.8500-1.8600 should be tough to cross.

Chambery FR JFB 08:05 GMT March 23, 2004 Reply   
Ldn Hat 07:29 GMT March 23, 2004
Nice call again, Hat :-)

jordan joe 08:04 GMT March 23, 2004 Reply   
can someone please give me the high of cable as my broker says my stop at 18510 is done

PAR 08:03 GMT March 23, 2004 Reply   
What european consumers need is lower oil prices and not lower interest rates. Instead of always pressuring the ECB to lower interest rates European politicians would be better of to pressure OPEC to lower oil prices. While paying $1.40 for a liter of gasoline and $ 6.2 for 20 cigarettes it is normal european consumers get depressif. Lowering european interest rates and lowering the EURO will only make matters worse. Why are european politicians so stupid and dont see the obvious.

NZ Bomber 08:03 GMT March 23, 2004 Reply   
Just caught 7 pips selling the GBP/USD any advice out there at all?

sarasota jf 07:49 GMT March 23, 2004 Reply   
eur sellers 70/80 and 00 stops over 30 downside buyers 90/00 gbp sellers 00-10 and 30 - eurgbp not expected to break 72-75 area thats the key for gbp - gl

calcutta pk 07:49 GMT March 23, 2004 Reply   
Might see a continuation of downtrend in USDCHF as it breaks the support of 1.2640-50. Possible downward targets are 1.2400 and 1.2300

NZ Bomber 07:45 GMT March 23, 2004 Reply   
Has anyone got any ideas out there?? - just made US$50 selling the CHF but what a struggle!!!

NZ Bomber 07:44 GMT March 23, 2004 Reply   
That does pose a minor problem :-)

gold coast jsh 07:41 GMT March 23, 2004 Reply   
NZ Bomber 07:28 GMT March 23, 2004

NZ would be great, but what about sauron and the all the orcs?

Belgrade Knez 07:40 GMT March 23, 2004 Reply   
Chambery FR JFB

You are welcome.
I do not have to calculate, or enter anything, this robot/program douing everything. I just place in to my platform, and on to charts, and as soon as midnight is passed it calculates pivot points for following day.

Chambery FR JFB 07:36 GMT March 23, 2004 Reply   
Belgrade Knez 07:17 GMT March 23, 2004
Thx... I have a little program too, but I need to enter high/low/current price, and obviously, depending on which high/low you select, result is way different... Comments from other PP users welcome :-) GL GT

Ldn Hat 07:29 GMT March 23, 2004 Reply   
Shorted GBP/USD at 1.85 stop 1.86 target 1.8450 IMHO Thanks

NZ Bomber 07:28 GMT March 23, 2004 Reply   
Singapore, you are correct.......I cant think of a safer place than here in good old clean green NZ !!!!!!!!!!!!!!!!!

sgp sp 07:26 GMT March 23, 2004 Reply   
ab, ok.....np. :)

Singapore Pilot 07:23 GMT March 23, 2004 Reply   
well with Tensions in mid east brewing and only going to get worse, not to mention Chinese-Taiwanese tensions, I reckon the safest place i ll like to be is in NZ...where the air is fresh, the water is clean and safe to drink, where there are more sheep than people and no crowded subways or trains, my bet is to accumulate Nzd ...with high interest rates, what more can one ask for? another safe haven of course is gold...

Belgrade Knez 07:17 GMT March 23, 2004 Reply   
Chambery FR JFB

I have a program for it on my platform, and that program it calculate it's self.
My broker is GMT+2 so it could be few points different in between my calculation and those who calculate according to GMT time.

Chambery FR JFB 07:12 GMT March 23, 2004 Reply   
Belgrade Knez 06:57 GMT March 23, 2004
Hi Knez... if I may ask, which criterias do U use to calculate your PP plz? TIA :-)

Tallinn viies 07:12 GMT March 23, 2004 Reply   
as far as I have heard most of the scandinavian guys are waiting 8,400sh level for EURNOK to go long.
probablyit would be clever to go long before those guys orders. first target 38,2% retr from last downmove.
downside should be cemented near 8,37sh.
fwiw

hk ab nz 0.6 07:11 GMT March 23, 2004 Reply   
sp// better stay sideline on aud/nzd at the moment........

hk ab nz 0.6 07:04 GMT March 23, 2004 Reply   
Sometimes I really wonder are there so many uncertainties.....

Dallas GEP 07:03 GMT March 23, 2004 Reply   
Hmmmmmmmm...Pound busted up long... General electric deal causing pound to rally?????

Singapore Pilot 07:01 GMT March 23, 2004 Reply   
i'm bullish Gold...looks like we see 430 sooner rather than later
With all the uncertainties with the world events ahead.. looks like that will be the obvious choice

Belgrade Knez 06:57 GMT March 23, 2004 Reply   

My pivot points shows to be very occurate, so I am free to post it. If you like it I will be posting them every day.

eur/usd
R3 1.2605
R2 1.2505
R1 1.2420
PP 1.2320
S1 1.2235
S2 1.2135
S3 1.2050

GL & GT

hk ab nz 0.6 06:56 GMT March 23, 2004 Reply   
sudden thought......

Could we see a sole correction of eur like what USD did 2 years ago.....


Then, I think the one which is the most dreadfull will be eur/jpy.

last night s/l cleansing action was so bad....

hk ab nz 0.6 06:55 GMT March 23, 2004 Reply   
I have a feeling that it might top out here s/t to m/t.

However, this will be done by a faster move on aud.

No people take the 80 aud/jpy mark seriously.......when japs showed their muscle, many throw their towels.

Dallas GEP 06:54 GMT March 23, 2004 Reply   
If these ranges DOn'T widen up, this will not be any fun for anybody!!!! Suggested position levels: AUD/USD SHORT from .7555, NZD/USD short from .6630 (in honor of AB), USD/CAD long from 1.3255. You notice I don't have any POUND or EUR/USD reccommendations yet because I don't know WTF they are going to do and neither does anybody else.!!! LOL

Indonesia Solo raden_masandi 06:54 GMT March 23, 2004 Reply   
gold..gold..
who want to buy gold?
428.00,but be carefull when at 422.00

hk ab nz 0.6 06:53 GMT March 23, 2004 Reply   
stay long nzd???

once the parliament past the law to intervene.... another 1000 pips to go.....

prague jv 06:53 GMT March 23, 2004 Reply   
imho , today we might see some sell of in eur/jpy worth some good pip colection . will wait for break of 131.80/70 level B4 jumping in , since got smashed yesterday on entering pos. too fast . EUR/JPY worth monitoring . gl and safe trading

sgp sp 06:53 GMT March 23, 2004 Reply   
ab, how's the aud/nzd coming along?

Tallinn viies 06:52 GMT March 23, 2004 Reply   
good morning world
selling the euro is still my main plan today. up to 1,2450 Im happy to short it. over that level I would like to see how they behaive.
target 1,2230

Indonesia Solo raden_masandi 06:51 GMT March 23, 2004 Reply   
aud/usd when at 0.7531
seen 0.7578 and 0.7600 must be touched.
buy !!

SA getFX 06:49 GMT March 23, 2004 Reply   
Pivot calcs:
23-Mar-04
eur/usd gbp/usd
1.2597 1.8798 R5
1.2500 1.8650 R4
1.2458 1.8605 R3
1.2415 1.8560 R2
1.2367 1.8486 R1
1.2318 1.8412 P
1.2276 1.8367 S1
1.2233 1.8322 S2
1.2185 1.8248 S3
1.2136 1.8174 S4
1.2051 1.8084 S5

Singapore Pilot 06:41 GMT March 23, 2004 Reply   
see good aud/nzd selling today as well... reckon 1.1410 20 will be capped...with Nzd the benign ccy and only one of the few left with room for future rate hikes, i guess it makes sense to stay long Nzd agst everything else...

hk ab nz 0.6 06:41 GMT March 23, 2004 Reply   
eur/aud looks v. ready.......

longs at 1.6405, 1.6500, 1.6605, 1.6640.....

St. Paul,MN - USA RET 06:35 GMT March 23, 2004 Reply   
Thanks for getting back to the purpose of this forum.

Belgrade Knez 06:31 GMT March 23, 2004 Reply   
Cairns Aussie

LOL

Singapore Pilot 06:28 GMT March 23, 2004 Reply   
See smart money buying back their eur/yen... one US Fund calling 138 139 again.... lvl now 131.97 132.00

Cairns Aussie 06:28 GMT March 23, 2004 Reply   
Belgrade Knez....You have a nice house too.....joking of course. gl gt

sydney fg 06:22 GMT March 23, 2004 Reply   
reckon he saw it coming? (boom tish)

Belgrade Knez 06:10 GMT March 23, 2004 Reply   
Just to wake everybody up a little bit before the storm:

"Carlos calls his boss in the morning: "Ey, boss I can't come to work today. I got a headache, a stomachache, and my legs hurt, too. I'm a friggin' mess!" The boss says: "You know Carlos, I really need you here today. When I feel like you do, I go to my wife and tell her to give me a blowjob. That makes me feel better and I can go to work. You should try that." Two hours later Carlos calls: "Boss, I did what you said and I feel great, I'll be at work soon. And by the way, you got a real nice house!"

Indonesia Solo raden_masandi 05:38 GMT March 23, 2004 Reply   
Technical Analysis
23 March 2004

GBP/USD (when at 1.8480)
· Very nice yesterday high daily candle touch 1.8500. Today price will get the key situation at 1.8524. If price will be strong bullish , price must show you today 1.8530 to get easy 1.8569 because ideally 1.8569 will be touched for tomorrow as high daily candle. But if price show you today that’s mean strong bullish will come. Be carefull if price not show you today 1.8530, we can hope 1.8574 for tomorrow as daily high candle and if tomorrow can not break 1.8569 we can hope 1.8613 for Thursday in this week. If like this, that’s mean confirmation fro strong bullish and we will se the wide range candle up strong after Thursday to test 1.8664-73 as strong resistant. If price show you 1.8690 that’s mean price will show you 1.8907 with easy (first resistant and 1.8973 as extreme top), but remember 1.8837 will be minor resistant.
· But if price show you 1.7725 chart will get the key answer to get bearish situation and if like this we can hope to get 1.7413 or 1.7347. Hope not thinking buy again if price show you like this, but be carefull when price at 1.7413 or 1.7347 because buying order placement there too.
· Good level for selling is at 1.8524 - 1.8569 - 1.8613 – 1.8565 – 1.8656/74 - 1.8837 – 1.8907 – 1.8971
· Good level for buying is at 1.8471/79 -1.8380 -1.8302/11 – 1.8282 - 1.8248 - 1.8199 - 1.8160 - 1.8080 – 1.7825 – 1.7768/47 – 1.7413 – 1.7347
Eur/USD(when at 1.2351)
· Today the key level is at 1.2410, if price show you 1.2420 that’s mean will get 1.2486/95 as the first swing possibility and the first signal to build strong bullish.
· Level 1.2054 is the key level and have been broken that’s mean price will get next resistant at 1.1952 as minor resistant to make swing only to get 1.2290 (have done) or 1.2624 as maximal swing(still on the process). But confirmation to get 1.1952 is if price show you 1.2156. If price show you 1.1940 that’s mean price will down to get 1.1828 as the bottom for longterm bullish continuation to get 1.3020. But if price show you 1.1800 that’s mean price will get 1.1760-26. Be carefull with this area because can make buying emotion to get minimal 1.2387.
· Until now for long term trade, confirmation bullish signal still not yet be get although give chance to get 1.2544. Too early now if we talking about 1.3020.
· Good level for selling order placement is at 1.2480/96 – 1.2524 – 1.2544 – 1.2620/36 – 1.2762/78 – 1.2808 – 1.2848 – 1.2864
· Good level for buying is at 1.2304/10 - 1.2330 – 1.2353- 1.2267/58 – 1.2185 - 1.2139 – 29 (for swing only).
· Price have get 1.2195-82 and give you chance as extreme bottom swing to move up for trend to get 1.2882. But although price move until 1.2668 that’s mean up trend still not yet get clear signal. Until now long term target at 1.2889 is still valid to hope with assumtion price move from low 1.2054.
USD/CHF(when at 1.2564)
· Price is still on the way to finished target at 1.2506 or 1.2445/13, but for now level 1.2506 is the minor resistant. Objective target for usd/chf now is at 1.2282 – 1.2238. Signal to go there is CLEAR for now.
· Price have shown you 1.2530 that’s mean will get 1.2445/13 as extreme bottom. We still can not yet talking bearish situation for long term to get below 1.2136 although price show you 1.2413, but if talking bearish situation until 1.2282 is okay now.
· The selling pressure will be so big if show you 1.2400 to get 1.2040.
· Good level for selling placement order is at 1.2567 - 1.2644/57- 1.2759
· Good level for buying is at 1.2506 - 1.2436-13 – 1.2276/82 – 1.2238 – 1.2030
USD/JPY(when at 106.71)
· Level 109.58 be get, there is high possibility to get next level at 108.73-51 (have done). This movement able to carry to get spiral movement until 105.39 as bottom price.
· Selling emotion seen will finish at 105.39 or 104.27
· Price is on the selling emotion as the reaction from 111.42. 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.
· Good levels for buying is at 106.16 – 105.39/33 – 104.27
· Good selling level is at 107.65 - 108.73 – 110.40/62 - 112.78


Best Regards,
raden_masandi

Van jv 05:35 GMT March 23, 2004 Reply   
As for fair value , the number often seen is 1.15.
Morgan stanley: EUR/USD is deeply overvalued (with a fair value around 1.06). At the year’s high of 1.29, EUR/USD was more overvalued than it was undervalued at 0.82 in September 2000

Van jv 05:28 GMT March 23, 2004 Reply   
Currencies: Passing a Point of Inflection in the USD Correction

Stephen L Jen (London)---Morgan-Stanley



I don’t share what seems to be the consensus view, particularly regarding EUR/USD. From July 2001, I had been bearish on the USD index. However, in recent months, I have started to take note of important signs that the USD correction may be at an inflection point, and EUR/USD may have passed a turning point. I see EUR/USD struggling to overshoot massively again, but see USD/JPY eventually trading lower. In short, I expect EUR/USD, USD/JPY, and EUR/JPY to end the year at lower levels than they are today. I don’t share the popular market view that the USD needs to further correct by a large magnitude, particularly against the EUR. In fact, I continue to believe that the balance of risks for EUR/USD is biased to the downside

Jubail Gamber 05:18 GMT March 23, 2004 Reply   
good morning Raden. how is the market with u?

Gold Coast martin 05:18 GMT March 23, 2004 Reply   
UK...That is exactly the general rule of thumb....that is why currencies like the aud as other peripherals are harder to trade with.....

UK 05:09 GMT March 23, 2004 Reply   
The rise in the gold price due to geopolitical concerns supports the AUD, but those concerns could cut both
ways if it results in extreme investor risk aversion. Peripheral currencies like the AUD tend to lose ground when investors become cautious
ifr

Gold Coast martin 04:47 GMT March 23, 2004 Reply   
MONTREAL TARO....i trade aud/usd...aud/jpy...euro/usd..these are the main pairs i trade consistently with the aud/nzd on a lesser scale...

Montréal Taro 04:43 GMT March 23, 2004 Reply   
Gold Coast martin

You said earlier that you do not trade gbp/usd, how many pairs do you trade and which one are they ?

NYC ars 04:41 GMT March 23, 2004 Reply   
I just started trading at a new FX day trading company on wall street....they have everything...bloomberg, charts, research....making good money

NYC ars 04:36 GMT March 23, 2004 Reply   
looks like the figure on gbp/usd

Indonesia Solo raden_masandi 04:31 GMT March 23, 2004 Reply   
good morning friends!!

pj amc 04:19 GMT March 23, 2004 Reply   
nyc.........what price would be a breakout on gbp

Gold Coast martin 04:11 GMT March 23, 2004 Reply   
PJ...amc.....if you want that information get JAY at global to give you my email address and i will be happy to answer your question...g/l

NYC ars 04:05 GMT March 23, 2004 Reply   
Looks like a nice flag in the GBP/USD on the hourly....could be a nice trade to 186 if it break out of the flag

pj amc 04:04 GMT March 23, 2004 Reply   
gold coast how long have you been trading forex

sgp sp 03:30 GMT March 23, 2004 Reply   
ab, u r pretty bz.....s/t play short aud/nzd from 1.1430 and still shorting usd/nzd?

btw, my eur/gbp haven't touched my s/l at 0.6670.....still holding.....it is slow.....another patience game. :)

Cairns OS 03:23 GMT March 23, 2004 Reply   
Posted: Mar 23, High/Low forecasts for 10 pairs + daily trade recommendations, + pivots, R1/R2, S1/S2, and live quotes.

Gold Coast martin 03:18 GMT March 23, 2004 Reply   
HK..they are already into action...their strategy is the drip feed factor as they dont want it to become as obvious as the bank of japan....IF no intervention was occuring the NZD would have continued its path of following the major currencies in an uptrend.....

hk ab nzd .6 03:17 GMT March 23, 2004 Reply   
sp// my interest turns to sell aud/nzd for s/t play.

hope to get 1.1430.

shanghai bc 03:16 GMT March 23, 2004 Reply   

JV -- Good morning..Given MPC's hint of more rise of rates to come and rising Oil price and global tension,Pound seems to be the obvious choice to hold for a while..And given the Gold's upmove,any correction from 1.85-1.86 region to the downside,possibly to 1.80-1.82 region, is likely to be bought for the next uptrend of Gold and Pound testing the previous highs of this year..Imho..Good trades..

Quito Valdez 03:16 GMT March 23, 2004 Reply   
Dismal crop estimates eh? I was traveling in Ohio, Kentucky and Indiana last year, they had bumber crops of corn and soybeans because I talked to the farmers themselves. I love to chat at cafes and on the street. Beautiful tall corn, soy bushes laden with bean pods. Emailing some of my new friends there I find that they expect another bumper crop this year. Evidently the statisticians haven't talked to Ohio corn farmers. So who's coming up with all this tripe?

hk ab nzd .6 03:15 GMT March 23, 2004 Reply   
martin, u mean u know some good authority telling u that they are going into action soon? Thanks for clarification.

Gold Coast martin 03:13 GMT March 23, 2004 Reply   
HK ..ab....re:nzd...i hav it on good authority that the RBNZ..has in fact intervened currency wise to stem the rise of the NZD...just thought you may be interested as it will influence potential medium to long trading positions....g/l

Gold Coast martin 03:08 GMT March 23, 2004 Reply   
PJ...amc....as i dont physically trade in this pair i really dont want to give my view on it....DR quindex is more qualified than i am to offer a constructive view on this pair...g/l

melbourne farmacia 03:08 GMT March 23, 2004 Reply   
At this early stage and with some luck - euro/usd is a sell between 1.2393 - 1.2421 - stop over 1.2454. ( break of 1.2454 will see higher levels and draw out this correction process even longer ).
Would like to see Aussie around 0.7580 /99 before i touch her fwiw.

pj amc 03:05 GMT March 23, 2004 Reply   
gold coast........what is your view on gbp/usd

Gold Coast martin 03:01 GMT March 23, 2004 Reply   
UK...gf....the aud after briefly touching 7558 retraced back to trade at 7520 which is within the trading range that i had expected it to trade in my 3 day 'CYCLE'...(3 day cycle range which i posted last friday morning was 7455-7525).This cycle is due to expire at end of ny session today so by the end of ny session i expect the aud to continue its downward bias which eventualy by this friday should see it down to the 715o range....the 3 day cycle was a a buffer for the terrorist threats to recede and as the ny session approached tonite it will become old news that the market has already facrored in to the aud as well the usd...it is worth noting also that the aud has been stabilised in its current range by the spot gold spike...i expect gold to declinr back to 408 levels in the next 3 sessions as terrorists fears of 2 days ago, while still in the back of investors minds are not at the forefront of their minds...g/l g/t

hk ab nzd .6 02:49 GMT March 23, 2004 Reply   
what push the nzd down btw?

hk ab nzd .6 02:46 GMT March 23, 2004 Reply   
sp// nzd is weaker than I expected, I first thought it could challenge the t/l and sma @6670 there.

should move the entry to .6630.

Now only short on .6610.

Van jv 02:23 GMT March 23, 2004 Reply   
Shanghai bc//Good Day.--Your comment please and advice-Re Gbp( Your March 17) Still expecting re-test of 1.80 region, but not so confident , considering good performance of Gbp rel. to EUR. Rather expect support for EUR at 1.21/1.22 as a ref. from which may start somewhat cautious move for majors , Gbp to 1.90 region, ……

UK GF 02:11 GMT March 23, 2004 Reply   
Spr Noods can you share your views on the Aud with us today please thanks

UK GF 02:08 GMT March 23, 2004 Reply   
Gold Coast Martin . is your view of aud down today still on track or changed.

UK GF 02:07 GMT March 23, 2004 Reply   
Speculators sell some cross-JPY currencies such as EUR/JPY and GBP/JPY, helping drag USD/JPY lower, say dealers say; likely aimed at creating fresh JPY longs and on unwinding of JPY carry trades vs high yielders like GBP, AUD amid rising risk aversion ....................(AP)/

Ltn th 01:22 GMT March 23, 2004 Reply   
I wonder if ABARE and RBA have considered the dismal US crop estimates for the coming year when they fixated on their levels? Some reconsideration may be warranted.

Ldn 01:15 GMT March 23, 2004 Reply   

Poll spells double trouble for Howard
http://www.abc.net.au/news/newsitems/s1071505.htm

Property faces decade in doldrums
http://www.smh.com.au/articles/2004/03/22/1079939584525.html

Couple of items haunting the Aud.

pj amc 01:11 GMT March 23, 2004 Reply   
tony..........any good books/websites you know of on how to use fibs correctly

nyc tony 00:59 GMT March 23, 2004 Reply   
pj// Welcome to the forum. The yen is a momentum moving currency. To determine when to long the $/yen do some technicals, fibs are acceptable based on your time frame. When a level breaks that is the time to long. Your stop should be tight with this///// all imho.

FWIW I do agree with whoever said that 108 will be printed this week.

Dublin CK 00:54 GMT March 23, 2004 Reply   
pj,

There are too many non economic variables at the moment occuring. Killing that hamas leader has spooked alot of people. Price of gold and other safe havens have shot up.

I would favour long GBP, because of the circumstances.

I cant see the Palestinians not retaliating. In on a massive scale.

When things cool down, the initial downward trend should continue.

I dont really follow Aud to tell you the truth. But other contributors to this forum seem to be short. Goldcoast martin and Dallas Gep.

Check the archives for there lastest postings, there usually very good.

Its a never ending circle.

Brazil, JH 00:52 GMT March 23, 2004 Reply   
Rob Hi you can go to the help forum for that info

good luck

pj amc 00:48 GMT March 23, 2004 Reply   
I meant 109 by friday

pj amc 00:46 GMT March 23, 2004 Reply   
DUBLIN.....whats your view on gbp and aud

BIG APPLE ROB 00:44 GMT March 23, 2004 Reply   
Greetings... I am new here. I want to learn more about forex options and futures. If you could direct me to what I need to read, I thank you in advance for your comments.

pj amc 00:43 GMT March 23, 2004 Reply   
I am leaning toward going long. If the DXC can hold above its 50 day and we get a decent unemployment number this thursday i think we can see 108 by Friday. I just cant pull the trigger.

Dublin CK 00:40 GMT March 23, 2004 Reply   
pj amc,

Short from here, but beware of the BOJ every couple of days for the last couple the currency spikes up or down by 100 pips. Depending on your provider, your stops could be hit.

I still believe that on the Wednesday 31st March, yen will be higher than it is now.Assuming a resumption of geo political normality.

Just for that day and after that the authorities will not intervene as much.

What are your thoughts?

pj amc 00:34 GMT March 23, 2004 Reply   
any thoughts on usd/jpy here?

Dublin CK 00:23 GMT March 23, 2004 Reply   
What happened today, seems like alot of mud slinging was being swung in this forum. I ve got muck on my screen.

Some days its bad, but today............

sgp sp 00:23 GMT March 23, 2004 Reply   
Good morning ab,

hk ab nzd 0.6 22:37 GMT March 22, 2004
good to c u make profits. I am still holding on to my eur/gbp...my s/l was positioned at 0,6670........maybe I shall closed it nearer my b/e if it comes?

gl & gt

shanghai bc 00:02 GMT March 23, 2004 Reply   

Tokyo session is likely to be a range market giving Dollar a breathing space..

 




Actionable trading levels delivered LIVE to YOUR charts

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

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


Global-View Affiliate Program

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

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

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

Contact us

Start trading with forex broker Markets Cube




pic

Retail Forex Brokerage Changing!

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

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

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

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

SEE Our Best Brokers List

Currency Trading Tools

  • Live rates, currency news, fx charts. 

  • Research reports and currency forecasts.

  • Foreign Exchange database and history.

  • Weekly economic calendar.

Directory of  Forex trading tools

 
Terms of Use    Disclaimer    Privacy Policy    Contact    Site Map


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

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

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

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

Forex Analysis
Forex Forecasts
Interest Rate Forecasts
Central Bank Forecasts

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

Forex Forum

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

Forex News

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

Currency Trading

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

Forex Brokers

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

Forex Trading

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

FX Trading

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

Forex Blog

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

 

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

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

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

?>