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Forex Forum Archive for 04/13/2004

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hk ab nzd 0.6 23:59 GMT April 13, 2004 Reply   
YIPPEE, I remember well your 150 pips great call on aud..!!

NZ NZBomber 23:37 GMT April 13, 2004 Reply   
Hi to the group

Has anyone got any ideas on whats going to happen to the GBP/USD please?

Cheers

QC WC 23:35 GMT April 13, 2004 Reply   
Revdax, are you short USD/Chf already? What levels?

Stockholm za 23:30 GMT April 13, 2004 Reply   
I love it--- I love it.
Here comes part 2....
Mabye we just put a spike in ema 377, and then go all the way to 1,5689....

shanghai bc 23:30 GMT April 13, 2004 Reply   

Provided he does not show off his dyslexia in public again..

Shg 23:28 GMT April 13, 2004 Reply   
Anyone got a view on Euro/GBP further out?

mtl gg 23:27 GMT April 13, 2004 Reply   
on a non technical but possibly market moving note Pres Bush is speaking tonight at 8:30 EST (00:30GMT)... Possible USD +ve...?

Miami OMIL (/;-> 23:21 GMT April 13, 2004 Reply   
I see next target for eur/usd as 1.1850-60 area and that is were I will unload all my short positions but before we get to that point there has to be some kind of bounce here for a healthy short to continue. Key support area is coming at 1.1880-40 were the fibo and 250 dsma are around. Further down we have 1.1740-50 and 1.1580-90 but I will take it one step at a time. Anything is possible but some things are unlikely to happen that is the way I see things IMHO. GL GT

Stockholm za 23:16 GMT April 13, 2004 Reply   
fwiw.......
Just to make the arguement even more sticky
after we take out the ~1,154x value line
we will seek balance in true value at 1,075x.......
Note ema 377 = ~1,1775 today........
Happy trades..........

shanghai bc 23:14 GMT April 13, 2004 Reply   

On tech front..Gold has lead the Dollar fall since 2001 with higher highs on weeklies..This week we may see if 395 line can hold its correction..Once it bounces off from above that line,Dollar bear market is still alive and well on medium-term basis..And move above 430 will herald another wave of Dollar weakness..However,if 395 line goes on weekly close,we may see more serious unwinding of Dollar shorts in coming weeks..April is not only the month of Fools and resurrections but also month of decisions too..fwiw..

Gen dk 23:12 GMT April 13, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Tallinn viies 22:49 GMT April 13, 2004 Reply   
Moscow Hawk 22:44 GMT - :) I always do. dont worry.

just saying hold your horses man. your direction is right just too ambitous.

Moscow Hawk 22:44 GMT April 13, 2004 Reply   
Vies, very deep research. There is nothing to add. Please keep your statistics for yourself. I do not want to lose time to argue with you. Next time just skip my posts.

LAX-LGB SNP 22:36 GMT April 13, 2004 Reply   
interesting and identical formation on EURJPY, GBPJPY dailies - ought to provide pivot zones by late Asia if numbers can hold

Tallinn viies 22:33 GMT April 13, 2004 Reply   
Moscow Hawk 22:11 - I am not above the market my friend,

just saying dont mess with statistics :)
we have been +500 points over yearly beginning point. now we are 1000 points in minus.
now your came and said it is possible that euro will fall 400 points with 3 days. 1/3 of the yearly so far.
fwiw

pd cumino 22:28 GMT April 13, 2004 Reply   
FWIW. Performing a quick regression study since spring 2002 (start of trend) between EUR USD and GBP USD (with adjR2= 0.8525) and converting into a actual model you never see that divergence with real spot (about 8/8.5 big figures). To say EUR USD should be around 1.2750 or GBP USD 1.73. Curious.
This could be interesting in EUR GBP coupled with the normal Bollinger and usual tech studies.
Also is to note actual us implied and GARCH, while RR is not yet stretched though under 0.
On another side specs positions are eventually supportive.
Bottom line: supports may be “more supportive” than usual. GL.

Brisbane L 22:22 GMT April 13, 2004 Reply   
RBA giving his dinner speech later, but feel for the moment its all priced into the Aud looking to sell rallies for now cheers

BKK CAD are you no longer in Oz ?

port jeff ny amc 22:15 GMT April 13, 2004 Reply   
nyc yippee......what are your thoughts here on usd/jpy....where do you see the next resistance

Moscow Hawk 22:11 GMT April 13, 2004 Reply   
Vies, hope you can see what I wrote.

1.1550-1.1750 and not 1.1550
soon if not by the end of this week and not by the end of this week

You have already said «never» or something like that before but market has proved you wrong in some cases. Probably you are above the market. What to say you chose yourself. I am not your mentor.

Good luck

Shg 22:08 GMT April 13, 2004 Reply   
(AP)--Public worries about the U.S. economy have dropped since last summer, while fears about terrorism and war have been on the rise, an Associated Press poll found.

When asked in an open-ended question last July to name the most important problems facing the U.S., 9% mentioned war. The number almost doubled to 17% in an AP-Ipsos poll taken early this month. The number of people who named terrorism has grown from 14% in July to 21% now.

The poll offers a glimpse of leading concerns as the presidential campaign intensifies between President George W. Bush, who generally has posted stronger poll numbers on national security, and Democrat John Kerry, whom the public views as stronger on economic issues.

In the poll, pocketbook issues such as the economy and jobs were named by 37%, down from 47% last July. A smaller percentage of people specifically ranked "the economy" as the top problem than in July, with the number dropping steeply from 31% last July to 18% now, poll conducted for the AP by Ipsos-Public Affairs.

houston me 22:06 GMT April 13, 2004 Reply   
i like this platform have they thought about having a hedging capability for volatile periods

Tallinn viies 21:59 GMT April 13, 2004 Reply   
by the way, guys who bought with me euros near 1,1910sh, it i stime to get rid of it for some reasons. buying near 11850 advised now.


1,1550 we wount see this week

Tallinn viies 21:57 GMT April 13, 2004 Reply   
Moscow Hawk 21:34 - 1,15 by the end of this week? never.
now you say never say never but I still say NEVER.

Moscow Hawk 21:34 GMT April 13, 2004 Reply   
I pointed before that in my opinion not many players supported continuation of downside below 1.20 in few weeks time frame. Now again I want to caution that picking bottom of this euro fall could be very costly. Despite oversold intraday picture for the pair there is still a good chance that we could see test of 1.1550-1.1750 zone soon if not by the end this week.

I also want to point one interesting fact. In 2002 at when EUR/USD moved above 0.94 many players saw the change in trend of EUR/USD but still expected good correction from 0.94-0.98 (including some good names on this forum). Then euro continued to trend higher till 1.0200 almost in a straight line. Now situation is even more interesting as many players consider downside move of last months as good correction of upside trend rather than major reversal and target for the levels above 1.30. In such circumstances the development of downside for the pair could be very surprising.

Good luck

Moscow Hawk 21:34 GMT April 13, 2004 Reply   
Andras, thank you for your kind words.

GVI john 21:30 GMT April 13, 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/$ 1.1945…$/yen 106.65
DJIA 10,381, -134 pts…NASDAQ 2,030, -35 pts
10-yr 4.34%, +11 bp’s
PERSONAL OPINIONS:
For a broad range of opening levels click on GVI’s “Market Tracker”:
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See full text on GVI...

Shg 21:29 GMT April 13, 2004 Reply   
:4 Bodies, Thought Missing Americans, Found In Iraq

NYC YIPPEE 21:15 GMT April 13, 2004 Reply   
Covered short.

spring hill lw 21:08 GMT April 13, 2004 Reply   
Yippee by taking back do you mean going long?
sorry for the stupid questions I'm very new to this

usa tom 20:56 GMT April 13, 2004 Reply   
YIPEE welcome aboard. I know it's way early but long term I think it will still retest highs while euro will make new highs of 1.35.

NYC YIPPEE 20:53 GMT April 13, 2004 Reply   
FWIW Taking back AUDUSD here @ 39 YIPPEE !

RAK KAY 20:40 GMT April 13, 2004 Reply   
hey, could anyone kindly advice me where i find more information and live strick prices on currency options,,thanks in advance

prague viktor 19:08 GMT April 13, 2004 Reply   
Oil man:thanks my friend G/L G/T..

Jubail s 19:05 GMT April 13, 2004 Reply   


Quito Valdez port jeff ny amc
Thank you & good luck

Quito Valdez 18:58 GMT April 13, 2004 Reply   
Jubail//
right blue sidebar...under Free forums..see Help. Check out GVI's links and services well in the next hour or so...lots & lots of nice charts and useful tools and links for free here...have a curious mouse. I haven't seen a single link here that isn't 24K.

port jeff ny amc 18:56 GMT April 13, 2004 Reply   
jubail......click on the help button on the top of your page

Porto ww 18:55 GMT April 13, 2004 Reply   
usa tom 18:42

yes. i bought at 0.7555 to close around 0.7590/0.7600

Jubail s 18:55 GMT April 13, 2004 Reply   
hello people
Any body would tell how may I reach the help room?
Thank you

port jeff ny amc 18:49 GMT April 13, 2004 Reply   
valdez......i answered on the help forum....thanks as always

usa tom 18:46 GMT April 13, 2004 Reply   
sid, oh it's big enough. but after a 150 pip drop there might be some retrace.

Houston ST 18:46 GMT April 13, 2004 Reply   
LA Sid 18:44 GMT April 13, 2004 - ditto.

LA Sid 18:44 GMT April 13, 2004 Reply   
Tom, I guess not big enough?

usa tom 18:42 GMT April 13, 2004 Reply   
porto, I was wrong on the aud last night and took a big hit, thinking of buying again. what is your target, will we see .76 again this week? TIA.

Porto Azarento 16:35 GMT April 13, 2004
next 10 hours:
- usd/chf down
- aud/usd up

Quito Valdez 18:24 GMT April 13, 2004 Reply   
amc and growen and newbies//
Pls C my post 18:20 GMT April 13 on Help forum...from fellow newcomer who listens real hard to professionals who've taken the time to help us.

UAE Oil man 18:15 GMT April 13, 2004 Reply   
prague viktor 16:59 GMT April 13, 2004

Well now it s going down..there's weakness so sell..once it goes up buy...But in fact look utterly tired in the monthly time frame too...Perhaps under parity (and my new LOW all time Call will come sooner than in 2 years.)

But the market moves whever it wants..the point is actually not to get the precise top or bottom (which is fine though) but to ride some moves..gl to you.

----

Sgp ...The USDZAR looks ready for a move up..nice divergence in the MACD..waiting for some more strenght and get in..

port jeff ny amc 18:03 GMT April 13, 2004 Reply   
Raven.........I do thank you for your answers.

Va Raven 17:55 GMT April 13, 2004 Reply   
amc, they are all traders including Jay, but some of them are really experienced and good traders, Who? That's something you have to learn by yourelf and when you find out who they are, you are on your way to success.....

port jeff ny amc 17:49 GMT April 13, 2004 Reply   
raven.......thanks. which guys are traders ?

chester wb 17:38 GMT April 13, 2004 Reply   
1.1856 is weekly s2 support for euro/usd....1.1975 should contain any upside..imho ( 1,1975 was weekly s1 support but now is resistance)

Quito Valdez 17:28 GMT April 13, 2004 Reply   
ca-ching. nice probe of eur/usd into 1.1916. I'm set to go for 1.18+ with usd long

port jeff ny amc 17:11 GMT April 13, 2004 Reply   
raven wherever you want to buddy

Va Raven 17:07 GMT April 13, 2004 Reply   
amc - Just saw your question on HF, may I answer it on GVI?

chester wb 17:07 GMT April 13, 2004 Reply   
next major support for cable comes in at 1.7995 level. thats monthly s1 level . I shorted cable at 1.8407 with limit at 1.8295 yesterday, then I went to sleep. big mistake ! I left well over 100 pips on the table.

port jeff ny amc 17:03 GMT April 13, 2004 Reply   
I meant i asked you one on the help section...........sorry i just put it up........thanks

Mtl JP 17:03 GMT April 13, 2004 Reply   
nh 16:57 / re "balance".. looks like it'll have to be data that will goad the bank, rather than the bank goading the market to some movement next.

Va Raven 16:59 GMT April 13, 2004 Reply   
port jeff ny amc 16:55

I wouldn't mind if your question was meant for me.

prague viktor 16:59 GMT April 13, 2004 Reply   
Oil man... 1,18 is this the end and after it will go to the new high or we can see the 1,15 befor the next move thanks.

port jeff ny amc 16:59 GMT April 13, 2004 Reply   
yippee.........that was a great call

Livingston nh 16:57 GMT April 13, 2004 Reply   
USD/CAD - typical reaction to expected 1/4 point cut by BoC - Does balanced risks mean no more cuts? I doubt it - technically 21 da sma did not break below 55 da ema last week when there was a good chance and Thursday move cleared the danger zone at 132.50 -- MACD is rising // next big test is the spike high from early March around 1.3590 -- perhaps a pause above that level // 1.43 target

port jeff ny amc 16:55 GMT April 13, 2004 Reply   
raven..........a question on the help forum if you dont mind

NYC FXDH 16:50 GMT April 13, 2004 Reply   
Ithink $cad is struggling here. Trading below 200 da ma... could have put in a double top yesterday and today on15 min chart...commitment of traders in chicago record short cad...could point to correction

vancouver jpb 16:42 GMT April 13, 2004 Reply   
Anyone have a view on the USD/CAD?

Porto ww.fxmoney.net 16:37 GMT April 13, 2004 Reply   
all stocastics are great to short on usd/chf
&
all stocastics are great to long on aud/usd

Porto Azarento 16:35 GMT April 13, 2004 Reply   
next 10 hours:
- usd/chf down
- aud/usd up

chester wb 16:33 GMT April 13, 2004 Reply   
possible upside target of 107.85 on usd/jpy; thats 50% fib level of move from 112.33 to 103.40. also 107 74 is weekly r1 level and 107 68 is daily r3 level

Indonesia solo Raden Mas 16:26 GMT April 13, 2004 Reply   
gbp/usd will up to get 1.8355 again?

Miami OMIL (/;-> 16:13 GMT April 13, 2004 Reply   
Good to see your comments again Oil Man I see the picture stays the same with different bait this time lol. GT

port jeff ny amc 16:04 GMT April 13, 2004 Reply   
Is anyone looking to go long here on usd/jpy. my short got toasted and this pair looks strong. where could $jpy go to? feedback please

Quito Valdez 16:01 GMT April 13, 2004 Reply   
UAE oilman//thx for the graph...photo is a trip! :+>

hk ab nzd 0.6 16:01 GMT April 13, 2004 Reply   
lucky hands get aud/nzd 1.1540, let's see.

melbourne farmacia 15:50 GMT April 13, 2004 Reply   
ln 15:40 GMT April 13, 2004
Info received only regarding size of order, no details about whom at this stage.

nyc jk 15:49 GMT April 13, 2004 Reply   
welcome back Oily

PAR 15:48 GMT April 13, 2004 Reply   
With Blair going to visit his US friend ,best currency to buy is GBP.

Indonesia solo Raden Mas 15:46 GMT April 13, 2004 Reply   
hello.. friends..
hello Oil man !!
I believe with your shampoo Rinse theory.. :-)

port jeff ny amc 15:43 GMT April 13, 2004 Reply   
melbourne...........what is your view on usd/jpy

st. pete islander 15:41 GMT April 13, 2004 Reply   
Oil man, good to 'see' you here. Hope all is well for you. gt

ln 15:40 GMT April 13, 2004 Reply   
melbourne farmacia 15:29 GMT. was it a cb or bank prop desk?

sgp sp 15:30 GMT April 13, 2004 Reply   
Hi Oilman.......may I have your thoughts abt usd/zar please?

thanks. :)

gl & gt 2 u

melbourne farmacia 15:29 GMT April 13, 2004 Reply   
Large Euro volume went through between 1.1901 -15 fwiw

UAE Oil man 15:26 GMT April 13, 2004 Reply   
Euro$ ...
watch out at the blue line..for a possible reversal..lower stops on shorts to PT point

Back to old theme...

EURO$ calling Rescue!!

Follow the trends..

GL+GT.

Miami OMIL (/;-> 15:21 GMT April 13, 2004 Reply   
Eur/usd is bouncing off the support (1.1905) if this support holds then the rough fib retracement numbers are at 1.1975-80, 1.2000-05 and 1.2025-30. Resistance is at 1.1915-20 and 1.12055-60 IMHO. GL GT

sf mike 15:18 GMT April 13, 2004 Reply   
i'll watch for now. Too chicken to fight the herd lately.

hk ab nzd 0.6 15:17 GMT April 13, 2004 Reply   
it's better for me to sleep earlier as a patient.

place limit dlr/jpy short 107.23 s/l 107.38.
place limit eur long 1.1905 s/l 1.1868

let the herd run.

sf mike 15:16 GMT April 13, 2004 Reply   
thankts, i'm looking a an entry south at least half way from last night's move.

hk ab nzd 0.6 15:14 GMT April 13, 2004 Reply   
mike that short was exited after advice from Qindex, just watch now.

to me, short jpy is far more promising than short chf.
see how u pick it.

sf mike 15:12 GMT April 13, 2004 Reply   
ab// are you still short USDCHF. Do you think now is an even better level to short?

hongkong vforex 15:11 GMT April 13, 2004 Reply   
the market is inconstant,do nothing and just watch, I think it is better.

hk ab nzd 0.6 15:10 GMT April 13, 2004 Reply   
nt// how's the c9 index today?

hk ab nzd 0.6 15:09 GMT April 13, 2004 Reply   
we have missed two impt friends recently, Raden and jf.

Raden's double top gold myth 432 is not bad.

hk ab nzd 0.6 15:07 GMT April 13, 2004 Reply   
Kaunas 15:02 GMT April 13, 2004


"move" not "range" means big swings.

hong kong nt 15:07 GMT April 13, 2004 Reply   
USD/JPY 106.95/00 may mark the top for today...

hong kong jc 15:06 GMT April 13, 2004 Reply   
nt// if intend to long gold. I am thinking of 2 entry methods. 1) See in next 24 hrs, to see if there is a smaller dark candle to confirm diminishing selling pressure or even a morning star. 2) Or pop in at spot 407 which should be a support level. Just like to learn why we choose option 2 instead of 1. Is it related to gold character? thanks a lot.

hk ab nzd 0.6 15:05 GMT April 13, 2004 Reply   
bc// what could be an immediate effect on fx from the cooling off Chinese demands? TIA.

Recently, this was publicized badly on TV way after you mentioned this to us few months ago......

Gold Coast martin 15:03 GMT April 13, 2004 Reply   
KNOXVILLE...read my previous posts over the last 2 weeks....

Nottingham 15:03 GMT April 13, 2004 Reply   
Should eurcad break under its 200 day sma, it may drag usdcad a bit lower...levels around 1.3310/15 would be good area to long pair for return towards its own 200 day sma...gl gt

Kaunas 15:02 GMT April 13, 2004 Reply   
hk ab nzd 0.6 14:55 GMT April 13, 2004

actualy even less than 200.

KNOXVILLE TN. Dan-k 15:01 GMT April 13, 2004 Reply   
.7150 ! how far back on charts are you going ?

Tallinn viies 15:00 GMT April 13, 2004 Reply   
good evening boys n galz

suggetsing to buy the euro here at 1,1909. stop at 1,1844.
target 1,1979. fwiw

Gold Coast martin 14:58 GMT April 13, 2004 Reply   
nyc ..fdhx...NO IT IS NOT AT THIS STAGE ...aud is in a downward trend to 7150....buy gold instead at 398 level...g/l

NYC FXDH 14:56 GMT April 13, 2004 Reply   
iS THIS 35-35 AREA A DECENT LEVEL TO buy aussie

hk ab nzd 0.6 14:55 GMT April 13, 2004 Reply   
dlr/jpy made 300 pips move today.... what the...

hong kong nt 14:51 GMT April 13, 2004 Reply   
hk ab nzd 0.6 14:45 -- hope you may recover soon, like to meet you and Dr Q next time...

Miami OMIL (/;-> 14:50 GMT April 13, 2004 Reply   
London BM 14:41 GMT April 13, 2004
Next support for eur/usd is 1.1910-05 and 1.1850-60 area IMO. I have no buy signal in my system even if they are in O/S area so these supports can be taken out today IMHO. GL GT

hk ab nzd 0.6 14:45 GMT April 13, 2004 Reply   
nt// I promise you that I will make a time with after I recover from my ankle....

What a miss for me!

HK [email protected] 14:44 GMT April 13, 2004 Reply   
Euro is a great buy at 1.1850..But one serious terror operation in Europe aaanddd....it will dive to new lows. In this mad world it should not be discounted.

London BM 14:41 GMT April 13, 2004 Reply   
EUR/USD? Will it see further downside today in anyone's opinion?

hong kong nt 14:40 GMT April 13, 2004 Reply   
AB -- just start to accumulate some gold after $25 correction from $432, may buy more at 397 and 387, if seen...

HK [email protected] 14:40 GMT April 13, 2004 Reply   
Gold may get some support at the psycho. level 400$.
That level has to be tested sooner or later.

Gold Coast martin 14:39 GMT April 13, 2004 Reply   
HK..ab..nz..The nzd is tied to the fortunes of the aud...bear in mind that there are 9 trade sessions left before dollar gets down to 7150 and nzd to 62 range as been posted i week ago....g/l

hk ab nzd 0.6 14:39 GMT April 13, 2004 Reply   
Revdax, is Macau index still long chf?

Houston ST 14:38 GMT April 13, 2004 Reply   
bc//your thoughts on usd/jpy if you please. tia.

hong kong jc 14:38 GMT April 13, 2004 Reply   
bc, nt// Last nite hv a drink with nt. nt told me that bc's view are very good in terms of trading strategy and mid-term view. By carefully looking at bc's archive which REALLY opened new horizon for me. thanks bc and nt. GL GT.

OK SZ 14:37 GMT April 13, 2004 Reply   
thinking that when we break the 11910 area the big players will dump there longs and push this euro down much further..jmvho

shanghai bc 14:36 GMT April 13, 2004 Reply   

ST,AB -- Thanks..Good trades..

hk ab nzd 0.6 14:33 GMT April 13, 2004 Reply   
nt// I may try small short dlr/jpy 107.23 tight s/l.

port jeff ny amc 14:32 GMT April 13, 2004 Reply   
gold down 13 dollars

hk ab nzd 0.6 14:31 GMT April 13, 2004 Reply   
nt// what's your target? and is it a short term trade? (re: gold)

hongkong vforex 14:31 GMT April 13, 2004 Reply   
no idea at this moment,usd is still strong

Houston ST 14:30 GMT April 13, 2004 Reply   
US left coast is swimming in excess normal butane already; much of it being converted to isobutane; the surplus coming to US gulf coast storage via railcars. the entire ngl (natural gas liquids) mkt is already in the doldrums. going to be a long summer. fwiw

Quito Valdez 14:29 GMT April 13, 2004 Reply   
Everything points very USD positive at this point..anticipaged good US data this week, possible int.rate incr. by Fed, Iraq waning as a factor..and today's usd bullrun...

ham cla 14:28 GMT April 13, 2004 Reply   
USD/JPY: seeing german names on the offer all the day. romour that is related to news out earlier that Daimler Chrysler is hoping to secur Yen 700bln in rescue funds for Mitsubishi Motors. also germans on the offer EUR/USD all day.

shanghai bc 14:28 GMT April 13, 2004 Reply   

OOOZMEEH -- No idea at all except that it will be bond market rate changes which will force the hand of Fed at some point..Inflation numbers have been cooked for many months by now..

Houston ST 14:27 GMT April 13, 2004 Reply   
bc: yes, energy down across the board. inventories later today. gl/gt.

hk ab nzd 0.6 14:26 GMT April 13, 2004 Reply   
can someone tell me whether nzd is going to make a key day reversal if it closes under .6590? TIA!

hk ab nzd 0.6 14:24 GMT April 13, 2004 Reply   
bc// it's always nice to see your generous support duirng these exciting moment! :)

Many thanks for your guidance in this fx-sea.

Quito Valdez 14:23 GMT April 13, 2004 Reply   
Knottingham// thankx!! I need to maintain more awareness of the interactivity of things...getting rusty on econ.

Nottingham 14:20 GMT April 13, 2004 Reply   
Quito Valdez 14:10 GMT

as I mentioned before it was the intention of some traders to long previous high of 1934 as part of an intraday program...these are now flat for some time...an indication of reluctance to rally was given by false break over post US data high and the last of such positions will have been exited by then...mu own objectives for longs have not yet been met and the longer the market stagnates the less likely that they will be met...gl gt

hk ooozmeeh 14:19 GMT April 13, 2004 Reply   
BC.... your view on U.S. interest rates..when do you thnk they will start tightening..TIA

hong kong nt 14:19 GMT April 13, 2004 Reply   
AB -- buy small gold at 407, try to accumulate some on dips...

shanghai bc 14:16 GMT April 13, 2004 Reply   

In a big picture,Euro and Swissy have done little since March marking steps in a narrow range of some 400-500 pips ..For Swissy,March high of 1.3080 is still there while Euro is only some 100 pips down from march low..A sign of evenly balanced market rather than onesided market as far as the opposing forces go..But dollar may have a slightly better luck this month given the opposite expectations on the rates in EZ and USA..Commodities are vulnerable when US rates rise too..Fwiw..

Quito Valdez 14:14 GMT April 13, 2004 Reply   
Tempus//thanks

ldn 14:12 GMT April 13, 2004 Reply   
Russia Prepares To Evacuate Citizens From Iraq

Wash DC Tempus 14:11 GMT April 13, 2004 Reply   
EUR is at very interesting levels at the moment. EUR appears to be fundamentally offered this morning as comments from Issing about growth and ongoing battle between Welteke and Schroeder start to impact common currency. I believe that as long as we stay below the 1.1955-70 level we will certainly visit levels near 1.1890. I am doubtful that Asian CBs are agressively buying the EUR on dips. So beware relying on them for short term support. This market is very long euros as a crack below 1.2000 revealed. Any move below 1.1850 will trigger some very aggressive selling.

Houston ST 14:10 GMT April 13, 2004 Reply   
wall street fading the retail numbers?

Quito Valdez 14:10 GMT April 13, 2004 Reply   
GEP, Nottingham..anyone longing EUR/USD right now that's it's low or is everyone staying out of that pair today?

Ldn 14:08 GMT April 13, 2004 Reply   
Van jv my thoughts exactly .

port jeff ny amc 14:02 GMT April 13, 2004 Reply   
knoxville..........imo usd/jpy is ahead of itself on my charts....but who knows

NYC FXDH 14:02 GMT April 13, 2004 Reply   
i HAVE RESISTANCE AT 107.28

KNOXVILLE TN. Dan-k 13:58 GMT April 13, 2004 Reply   
i see a wall at 106.70 on usd/jpy however another target higher at 107.00 any comments on that one, plenty of power here ??

Van jv 13:58 GMT April 13, 2004 Reply   
ldn 13:01 GMT
US ECON: Redbook Month-To-Date Sales Down 1.9% Vs. March------Ldn isn't this more indicative ....why ignored? what CPI & response expected ?

Ldn 13:55 GMT April 13, 2004 Reply   
NYC YIPPEE ok thanks looking hard to break first shot .

IST Sez 13:54 GMT April 13, 2004 Reply   
Anyone knows where AUS Trader ?

Dublin Flip 13:53 GMT April 13, 2004 Reply   
Porto, the Asian CBs have already been buying dips for the past few weeks and doubtless will if this went to 1.13
Alway nice to know of course but it doesn't necessarily transfer into anything but a "convenient explanation" when bases eventually occur.

NYC YIPPEE 13:53 GMT April 13, 2004 Reply   
Ldn

Possible. I am keeping an eye on this 30-60 level to take back my short.

Good luck.

Ldn 13:49 GMT April 13, 2004 Reply   
NYC Yippee do you see Aud retrace a little before further losses cheers

Quito Valdez 13:49 GMT April 13, 2004 Reply   
C'mon China, buy dem Euros baby!

PAR 13:47 GMT April 13, 2004 Reply   
GBP is oversold. Buy for bounce to 1.8250.

Dublin Flip 13:47 GMT April 13, 2004 Reply   
yes Porto Asian cbs are intrested in selling USD on these rallies. Those record reserves maybe getting a little toasting in the Treasury pit but I'd say they are happy to see the USD power along to make up for things somewhat-LOL
Twleve months ago we would have sold the dollar on retail sales (defcit up news) and all the other US treasury weak data we've been getting. All goes with the constantly eveolving fun that FX is-LOL

Nottingham 13:46 GMT April 13, 2004 Reply   
Silver has now corrected an equal % to last daily correction (c. 12% / c. 7.40) although on this recent occasion the price got a little more over extended to the upside...with that in mind next major target would be c. 19.25% / c. 6.80 if market doesn't hold the 7.40 on a closing basis...gl gt

HK [email protected] 13:42 GMT April 13, 2004 Reply   
Considering the EU socialistic attitude... cheap bread for all and forget about growth...because E.U needs first to have growth in the U.S.A; one may seriously consider a rebound from the range 1.1850/1.1900.

Shg 13:42 GMT April 13, 2004 Reply   
PORTO VMA this is what IFR are reporting in the homepage.

PORTO VMA 13:39 GMT April 13, 2004 Reply   
Shg 13:34 GMT April 13, 2004
Can you please clarify your last post? Are you telling that chinese are interested to buy in this euro dips?

melbourne farmacia 13:38 GMT April 13, 2004 Reply   
ML - Cable looking good now... daily close under 1.8200 should help see lower levels.

Houston ST 13:37 GMT April 13, 2004 Reply   
took profit on usd/jpy @ 106.67. gt/gl.

KNOXVILLE TN. Dan-k 13:37 GMT April 13, 2004 Reply   
almost missed it, next wont cross eyes

KNOXVILLE TN. Dan-k 13:35 GMT April 13, 2004 Reply   
well i took usd jpy short at 106.65 fingers and toes crossed with arms and eyes

Nottingham 13:35 GMT April 13, 2004 Reply   
eurusd and eurcad seem to be approaching their respective 200 day sma at the same time...also audcad, well documented that funds have been loading up on this carry trade in the last couple of weeks (was o/b past two days)...gl gtl gt

Shg 13:34 GMT April 13, 2004 Reply   
FX OPTIONS: EUR/USD Exotic Barriers tipped at 1.1900 with Chinese Bids Re-emerge On Dips ifr

hk ab nzd 0.6 13:34 GMT April 13, 2004 Reply   
gold is where the blood shedded.

hk ab nzd 0.6 13:32 GMT April 13, 2004 Reply   
dlr/jpy could be squeezed up as high as 108........

hk ab nzd 0.6 13:31 GMT April 13, 2004 Reply   
1.8150 options sounds fake, imho.

Stockholm za 13:31 GMT April 13, 2004 Reply   
JFB... Did you see the noode... ?

port jeff ny amc 13:31 GMT April 13, 2004 Reply   
hk........what do you mean with your reference to asia

hk ab nzd 0.6 13:29 GMT April 13, 2004 Reply   
I am also interested in selling some dlr/jpy now.
but want to do it tomorrow not today asians glambers will give us better levels.

port jeff ny amc 13:25 GMT April 13, 2004 Reply   
Shorting usd/jpy at 106.52............s/l 106.85 looking for a pullback to 106/05

Houston ST 13:25 GMT April 13, 2004 Reply   
if you can't be 'em, join em. bought usd/jpy @ 106.39. gl/gt.

HK [email protected] 13:23 GMT April 13, 2004 Reply   
Dollar mania on the run and gold has no significat support down to 395 !!!
Considering the rage of the Cabals against the big number of open interest that target is possible.

hk ab nzd 0.6 13:22 GMT April 13, 2004 Reply   
dlr/jpy is bringing all the cousins to the direction determined....

ldn 13:22 GMT April 13, 2004 Reply   
Italy Govt Says 4 Security Guards Missing In Iraq

KNOXVILLE TN. Dan-k 13:16 GMT April 13, 2004 Reply   
now if the usd moves up in value the usd/jpy goes up or down?

PAR 13:13 GMT April 13, 2004 Reply   
Another option protection on GBP before 1.8150.

ldn 13:09 GMT April 13, 2004 Reply   
US Confirms Military 'Copter Crashed Near Iraq Fallujah

Global-View 13:04 GMT April 13, 2004 Reply   
GVI 13:02 GMT April 13, 2004
Press release:

Bank of Canada lowers target for the overnight rate
by 1/4 percentage point to 2 per cent

OTTAWA – The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of one percentage point to 2 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 2 1/4 per cent.

The Canadian economy continues to adjust to developments in the global economy. These include stronger world demand, higher commodity prices, the realignment of world currencies, including the Canadian dollar, and the intensified competition, together with the new trading opportunities, coming from emerging-market economies. These developments require shifts in activity among sectors and create a need for adjustments by many businesses. Monetary policy is facilitating these adjustments by supporting aggregate demand, with the goal of keeping the economy near its full potential and inflation on target.

The Bank's outlook for economic growth and inflation remains essentially unchanged from the outlook published in the January Monetary Policy Report Update. The economy is projected to return close to its production potential by the third quarter of 2005 and core inflation is projected to move back to the 2 per cent target by the end of 2005.

Against this backdrop, the Bank decided to lower the target for the overnight rate by a further quarter percentage point.

The risks to the outlook now appear balanced. An elaboration of the Bank's views on the outlook for inflation and the economy will be provided in the Monetary Policy Report, to be released on 15 April 2004.

Information note: The Bank of Canada's next scheduled date for announcing the overnight rate target is 8 June 2004.

GVI john 13:02 GMT April 13, 2004 Edit Delete
Bank of Canada lowers target for the overnight rate
by 1/4 percentage point to 2 per cent

OTTAWA – The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of one percentage point to 2 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 2 1/4 per cent.

The Canadian economy continues to adjust to developments in the global economy. These include stronger world demand, higher commodity prices, the realignment of world currencies, including the Canadian dollar, and the intensified competition, together with the new trading opportunities, coming from emerging-market economies. These developments require shifts in activity among sectors and create a need for adjustments by many businesses. Monetary policy is facilitating these adjustments by supporting aggregate demand, with the goal of keeping the economy near its full potential and inflation on target.

The Bank's outlook for economic growth and inflation remains essentially unchanged from the outlook published in the January Monetary Policy Report Update. The economy is projected to return close to its production potential by the third quarter of 2005 and core inflation is projected to move back to the 2 per cent target by the end of 2005.

Against this backdrop, the Bank decided to lower the target for the overnight rate by a further quarter percentage point.

The risks to the outlook now appear balanced. An elaboration of the Bank's views on the outlook for inflation and the economy will be provided in the Monetary Policy Report, to be released on 15 April 2004.

Information note:
The Bank of Canada's next scheduled date for announcing the overnight rate target is 8 June 2004.

cb jc 13:03 GMT April 13, 2004 Reply   
SNP.... thanks bro....

Nottingham 13:02 GMT April 13, 2004 Reply   
hk ab nzd 0.6 13:00

cut 0.25 to 2%...this was expected...watch 200 sma for signs

Pecs Andras 13:01 GMT April 13, 2004 Reply   
Guys
Why is sterling fallin gmuch faster than EUR? UK economy is better, interest rates are higher...

Van jv 13:01 GMT April 13, 2004 Reply   
Seems US consumer getting into more debt, deficit still, nthing really changed here and all bubbling// waiting to add to EUR--all imo

ldn 13:01 GMT April 13, 2004 Reply   
US ECON: Redbook Month-To-Date Sales Down 1.9% Vs. March

Toronto 13:01 GMT April 13, 2004 Reply   
BOC cuts rates by 25bp as expected. Says risks to outlook now appear to be balanced.

hk ab nzd 0.6 13:00 GMT April 13, 2004 Reply   
cad seems no cut.

Melbourne Qindex 13:00 GMT April 13, 2004 Reply   
Pecs Andras 12:52 GMT - EUR/USD : The odds are good that the market will challenge the lower barrier of my weekly cycle in 24 hours.

Spotforex NY 12:59 GMT April 13, 2004 Reply   
CHa CHING

LAX-LGB SNP 12:58 GMT April 13, 2004 Reply   
confederation helvetica

cb jc 12:57 GMT April 13, 2004 Reply   
to anybody... what does CH in CHF(swissfrancs) means? TIA

hk ab nzd 0.6 12:57 GMT April 13, 2004 Reply   
eur/jpy seems lifted up by some interested groups.

Melbourne Qindex 12:55 GMT April 13, 2004 Reply   
Pecs Andras 12:52 GMT - Thank you! I am waiting for the closing rate of EUR/USD in New York session.

Pecs Andras 12:52 GMT April 13, 2004 Reply   
DR. Q, gret call on EUR!
Now that your 1954 is gone, what do you expect?

Melbourne Qindex 12:52 GMT April 13, 2004 Reply   
Dublin CK 12:49 GMT - You are welcome. My software is not user friendly and I am still waiting for my son to update it.

Helsinki iw 12:52 GMT April 13, 2004 Reply   
Fwiw/ Bought some EUR/USD here as the charts indicate o/s
status and the support at 1,1920/30 is expected to hold on
the first go. May be wrong, but want to play the contrarian
as the market is overly bullish dollar at multi-month tops.

Pecs Andras 12:51 GMT April 13, 2004 Reply   
Hawk
I see now, the upper level of your target range was met.
Great call mate!

hk ab nzd 0.6 12:50 GMT April 13, 2004 Reply   
Does anyone remember what was the cad rate b4 it started the long life dive last year?

ham cla 12:49 GMT April 13, 2004 Reply   
USD/JPY: big ny name in ldn. the seller at 106.25/30

Dublin CK 12:49 GMT April 13, 2004 Reply   
Dr Q, thanks for your analysis last nite, your "super magnet" has done its work.

Good calls.

Melbourne Qindex 12:48 GMT April 13, 2004 Reply   
hk ab nzd 0.6 12:45 GMT - You are welcome.

hk ab nzd 0.6 12:45 GMT April 13, 2004 Reply   
Qindex, great call to save my life.

Melbourne Qindex 12:45 GMT April 13, 2004 Reply   
Spot Gold : 411.80 / 412.30

LAX-LGB SNP 12:44 GMT April 13, 2004 Reply   
eurjpy and gbpjpy seem to be taking a hint from eurusd and gbpusd ;-)

l8erz y'all

KNOXVILLE TN. Dan-k 12:44 GMT April 13, 2004 Reply   
humm

Moscow Hawk 12:42 GMT April 13, 2004 Reply   
Andras, was met exactly -1.1880-1.1930. Good trades.

LAX-LGB SNP 12:42 GMT April 13, 2004 Reply   
Growen

the stop/loss levels will come naturally when you are margin-called on your leveraged account

if you are bent on investing real funds, then i suggest you lose as little leverage as possible (1:10) to lengthen your learning curve

Spotforex NY 12:40 GMT April 13, 2004 Reply   
US Admin is singing "Wait til the sun shines Nelly"......

Pecs Andras 12:40 GMT April 13, 2004 Reply   
Hawk
It has not been met yet, but I hope it will be:-)

Nottingham 12:40 GMT April 13, 2004 Reply   
euro...former high 1.1934...a clean break below can give us 1.18 handle but pair at that stage would be in conventional o/s territory...gl gt

Moscow Hawk 12:38 GMT April 13, 2004 Reply   
Market met now my first target 1.1880-30 after the break and is currently testing the zone. I hope more to come in coming days.

Moscow Hawk 09:11 GMT April 6, 2004
1.20-21 still contains downside in EUR/USD. For how long it is still a question. I risk suggesting that next time when euro will fall below 1.20 we will see the break and test of my first target 1.1880-30. And to be frank it is very likely that it could happen next few days.




ln 12:38 GMT April 13, 2004 Reply   
uk growen 12:20 GMT. your account is much larger than mine. i am very small fry. see this as learning and would advise you to take say $1,000 and 'blow' this away learning. the worst is that you are $1000 down but have $4000 left knowing that forex is not for you. the best is that the $1000 builds and you can start to use the $4000 to increase your bet. either way its a win-win.

NYC FXDH 12:37 GMT April 13, 2004 Reply   
X AUTO +1.7

Houston ST 12:37 GMT April 13, 2004 Reply   
Love affair w/ USD continues...good luck/good trades to all today. could be very interesting.

Quito Valdez 12:37 GMT April 13, 2004 Reply   
Gowen//
I'm newish to modern day forex, traded c'ncy in banks 8 yrs. If u don't follow advice of guys helping you & continue trading, it's pot luck amigo. Please listen, demo trade 4 a while.

hk ab nzd 0.6 12:36 GMT April 13, 2004 Reply   
the eur/gbp looks glued at .6550....

nyc fxdh 12:36 GMT April 13, 2004 Reply   
retail sales up 1.8

KNOXVILLE TN. Dan-k 12:36 GMT April 13, 2004 Reply   
?? what is current tic on yen ?

Global-View 12:35 GMT April 13, 2004 Reply   
Mar retail sales +1.8%, ex-autos +1.7%
Feb retail sales revised to +1.0% vs. preliminary +0.7%

Pecs Andras 12:35 GMT April 13, 2004 Reply   
My short EUR from 1.2000 looking great:-)

Pecs Andras 12:34 GMT April 13, 2004 Reply   
Very strong retail sales data +1,8%

Stockholm za 12:33 GMT April 13, 2004 Reply   
uk growen ..... No offence - But i will advise you to put that account on ice till you can answer that question for your SELF.
You have no business trading if you cannot work out those parameters for your self.....
You should do some more homework and practice before you risk your money in this zero-some job..
( money management + Your Ego)
Happy trades to you......

hk ab nzd 0.6 12:33 GMT April 13, 2004 Reply   
data?

Melbourne Qindex 12:32 GMT April 13, 2004 Reply   
Spot Gold : 413.20 / 413.70

hk ab nzd 0.6 12:32 GMT April 13, 2004 Reply   
aud/nzd players,
see if you can even get 1.1545.....but be vigilant..

Chicago YM 12:32 GMT April 13, 2004 Reply   
Interesting

Melbourne Qindex 12:31 GMT April 13, 2004 Reply   
Melbourne Qindex 08:12 GMT April 13, 2004
USD/CHF : The odds are good that we have seen the daily low in Asia session. The upper barrier of my daily cycle is expected at 1.3143 // 1.3189.


... 1.2631 ... 1.2724 ... // 1.2817* - 1.2864 - 1.2910* - 1.2957 - 1.3003* - 1.3050 - 1.3096 - 1.3143 // 1.3189 ...

hk ab nzd 0.6 12:31 GMT April 13, 2004 Reply   
masacre begins?

Melbourne Qindex 12:30 GMT April 13, 2004 Reply   
Melbourne Qindex 08:12 GMT April 13, 2004
USD/CHF : The odds are good that we have seen the daily low in Asia session. The lower barrier of my daily cycle is expected at 1.3143 // 1.3189.


... 1.2631 ... 1.2724 ... // 1.2817* - 1.2864 - 1.2910* - 1.2957 - 1.3003* - 1.3050 - 1.3096 - 1.3143 // 1.3189 ...

Nottingham 12:27 GMT April 13, 2004 Reply   
uk growen 12:20 GMT

I think I have told you before, you sound inexperienced and your best bet is to open an advisory account with a traditional broker...ask Jay for some names, I'm sure he can help...gl gt

hk jn 12:26 GMT April 13, 2004 Reply   
sgp sp

too difficult to find. add me

jngaiwwu138

Spotforex NY 12:25 GMT April 13, 2004 Reply   
uk growen 12:20 - such topics are usually reserved for the 'help' forum....I will post a suggestion for you in there....

PAR 12:25 GMT April 13, 2004 Reply   
Some protective buying of GBP because of 1.8200 option protection.

Melbourne Qindex 12:24 GMT April 13, 2004 Reply   
EUR/USD : Speculative selling will increase when the market is trading below those technical points.

Vilnius george 12:23 GMT April 13, 2004 Reply   
Mass Destruction weapons will be ready in a few minutes . lol

mex sjs 12:22 GMT April 13, 2004 Reply   
sure

KNOXVILLE TN. Dan-k 12:22 GMT April 13, 2004 Reply   
CAUTION imho

Melbourne Qindex 12:22 GMT April 13, 2004 Reply   
EUR/USD : Technical points on daily cycle are 1.1954 - 1.1962 - 1.1977 - 1.1986 - 1.2005 - 1.2023.

Quito Valdez 12:20 GMT April 13, 2004 Reply   
Mex sjs..en ch.

uk growen 12:20 GMT April 13, 2004 Reply   
can any one advise me what would be the best stops and limits to use for an account of $5000 i am trading mainly with usd/gbp eur/gbp or is it not as simple as that, newbie

sgp sp 12:19 GMT April 13, 2004 Reply   
hk jn 12:04 GMT April 13, 2004
yahoo messenger...just my friends and I

hamburg cla 12:18 GMT April 13, 2004 Reply   
spanish name here on the offer in EUR/USD 1.1977-80

KNOXVILLE TN. Dan-k 12:14 GMT April 13, 2004 Reply   
can we sell it after i make a couple hundred pips- LOL

Melbourne Qindex 12:10 GMT April 13, 2004 Reply   
Melbourne Qindex 12:10 GMT April 13, 2004
EUR/USD : Daily Cycle Quantised Levels


... 1.1908* - 1.1931 // 1.1954* - 1.1977 - 1.2000* - 1.2023 - 1.2046* - 1.2069 - 1.2092* // ... 1.2138 ... 1.2184 ...


Use the weekly cycle analysis for reference when the market is trading below 1.1954.

Houston ST 12:09 GMT April 13, 2004 Reply   
knoxville, lmkt has ove affair with usd today. waiting for retail #s and then will reevaluate what to do. will sell it at some point.

KNOXVILLE TN. Dan-k 12:07 GMT April 13, 2004 Reply   
any opnions, targets on usd/jpy ?

hk jn 12:04 GMT April 13, 2004 Reply   
sgp sp

under which category the chatroom is located? tks

Melbourne Qindex 12:02 GMT April 13, 2004 Reply   
Spot Gold : 415.50 / 416

LAX-LGB SNP 11:57 GMT April 13, 2004 Reply   
eurusd below 1.2213-1.2134
audusd below 0.7635-0.7568
eurgbp below 0.6638-0.6628
gbpusd below 1.8391-1.8302

halfway into April, the majors are indicative of the market's developing affection for the US$ but expect usdchf above 1.2957-1.2899 to add fuel to the fire

Nottingham 11:44 GMT April 13, 2004 Reply   
sgp sp 11:34 GMT

They don't have to move hand in hand but a cad rate of 1.40 would probably mean we will have seen the 1.17 handle...speaking of the cad rate, the o/b 2 level has taken into account some talk of the 1.40 handle; although most are still hesistant about calling a break into a new range above 1.3440, there has been an increase in overall speculation...the more speculation becomes consensus the closer the o/b 2 will get to the market price, broadly speaking...gl gt

sgp sp 11:34 GMT April 13, 2004 Reply   
nottingham....I have been reading abt usd/cad going for 1.38~ 1.4....what level do u think that would place eur/usd when/if it should happens?

Thanks, gl & gt 2 u

GVI john 11:32 GMT April 13, 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/$ 1.1975…$/yen 106.00
DJIA +20 pts… 10-yr 4.25%, +2 bp
PERSONAL OPINIONS:
For a broad range of opening levels click on GVI’s “Market Snapshot”:
CLICK HERE
These are complex markets. I feel that traders are more comfortable with the dollar in a bull or bear market, but don’t know how to handle something in-between. That is where we are now. Furthermore, a strong yen and a weak euro is hard to deal with.

The Japanese economy continues to emerge from a decade-long recession (actually even longer!), and today BOJ Governor Fukui in testimony pledged to support the economy with a accommodative monetary policy in essence for as long as it takes to wring deflation out of the system. His posture sounded similar to the “patience” line we have been hearing from the Fed. The $/yen backed away from a test of the 105 line today. I am not sure why, but I sense this zone will be revisited fairly soon. Note the Nikkei is back making multi year highs again today. Watch Japanese stocks, they will tell you where the yen is headed.

To the markets, Europe appears leaderless and headed into a new period of stagnation. Structural issues are always there and the ECB hawks appear more concerned about inflation than growth. I think the benefits of the high euro vis-à-vis imported inflation, which are considerable, are more than offset by its drag on growth. Europe needs to grow. Thus the eur/$ is pivoting the psychological 1.20 level.

In our month ahead outlook last week, I said I felt the eur/$ is headed to a 1.15-1.20 trading range and that the $/en is on track for 103-108, and I feel these forecasts can pan out, but as I stated earlier, it is difficult for the dollar to trade in opposite directions vs. the euro and yen.

As foe Iraq, I learned something interesting about this latest round of kidnappings. Many are not for political reasons, they are just for getting money from ransoms. In other words it is just plain old fashioned lawlessness. I’m not sure what we do with this, but I continue to sense that the markets are soon going to start to view Iraq as unpleasant background noise and little else.

The Bank of Canada’s Monetary Policy decision is due shortly at 13:00 GMT. The Bank of Canada targets its own measure of core inflation at the mid-point of a 1-3% range. Bank of Canada February Core CPI was a meager 1.1% yr/yr, and March employment fell unexpectedly by 13,300. The markets have fully priced in a 25bp fall in the target rate for overnight funds to 2.00%. Any reaction will come only from what is implied for policy subsequently. I think another cut will have to be considered.

March U.S. Retail Sales data are key today because they tie in directly with the relative growth scenario of the markets. Increases of 0.6% are seen in the headline and Ex-autos figures. I also see a linkage with the March U.S. CPI figure on Wednesday. Watch the “core” rate. A spike in this figure would be hard for the Fed to explain away. Once inflation gets imbedded in the system, it can become very difficult to root out. This figure must be viewed in the context of future monthly job reports. The Fed cannot continue to pursue its ultra-easy monetary policy indefinitely. At some point it will be forced to return to a neutral policy posture, and odds are when the time is right that this could be an abrupt adjustment. Fed Funds futures see a Fed rate hike in September. I think that timing is impossible.
CALENDAR
TUESDAY, APRIL 13, 2004
12:30 GMT- US- Mar Retail Sales: vs. +0.6%, +0.0% ex-autos Feb, see +0.6%, +0.6%
13:00 GMT- CDA- BOC Monetary Policy Announcement
14:00 GMT- US- Feb Business Inventories and Sales
18:00 GMT- US- March Treasury deficit

WEDNESDAY, APRIL 14, 2004
JPN- Minutes of 2/26 & 3/15-3/16 BOJ Meeting
RBA Governor Macfarlane speaks in Sydney
06:50 GMT- FRA- Mar preliminary CPI: vs. +0.5%, +1.8% y/y in Feb
14:30 GMT- CDA- Feb Trade, vs. +C$5.2 bln
11:00 GMT- US- MBA Mortgage Finance Index
12:30 GMT- US- Mar CPI: vs. +0.3%, +0.2% ex-food & energy, see +0.3%, +0.1% ex-food & energy
12:30 GMT- US- Feb Trade vs. -$43.1 bln in Jan, see - $42.5 bln
13:30 GMT- US- API/DOE Weekly Energy Inventories

THURSDAY APRIL 15, 2004
23:50 GMT- JPN- Weekly Portfolio Flows
RBA- Monthly Bulletin
12:30 GMT- US- Weekly Jobless Claims
12:30 GMT- US- Apr Empire State manufacturing Index: vs. 25.3 in Mar
16:00 GMT- US- Apr Philadelphia Fed Survey: vs. 24.2 in Mar
14:30 GMT- CDA- BOC Monetary Policy Report

FRIDAY, APRIL 16, 2004
04:30 GMT- JPN- Feb Industrial Output (rev), vs. +3.3%
08:30 GMT- UK- Mar Unemployment: vs. -6,600 in Feb
09:00 GMT- EUR- Mar final CPI: vs. preliminary +1.6% y/y
12:30 GMT- US- Mar Housing Starts: vs. 1.855 mln in Feb, see 1.910 mln
13:15 GMT- US- Mar Industrial Production: vs. +0.7% in Feb, see +0.2%
13:15 GMT- US- Mar Capacity Utilization: vs. 76.6% in Feb, see 76.6%
13:45 GMT- US- Early-Apr Univ of Michigan Cons Sent: vs. 95.8 Mar, see 95.5

Nottingham 11:31 GMT April 13, 2004 Reply   
usdcad...currently rotating around 200 day sma...25bps rate cut priced in but surprise 50bps possible...in that case pair likely to trade into o/b territory short term (above 1.3462 conventionally; primary o/b 1.3520 secondary o/b 1.3590) but market would then likely reverse as it would be seen as end of rate cut cycle (witness similar price action with NOK)...gl gt

hk ab nzd 0.6 11:30 GMT April 13, 2004 Reply   
Yippee, I read your great call on aud.....

london phil 11:18 GMT April 13, 2004 Reply   
gold dropping and aus dollar following tks bc

hk ab nzd 0.6 11:17 GMT April 13, 2004 Reply   
if u can take higher risk, 1.1489 is a more ideal stop.

once the flight starts, I think 1.2xxx will be seen on aud/nzd.

hk ab nzd 0.6 11:16 GMT April 13, 2004 Reply   
nt// It was good for entry at 1.1550 as I told sp// last week, see if it can re-touch today, if not then, I think you may want to buy stop above 1.1630 (bid).

s/l for 1.1550 entry is @ 1.1515.

sgp sp 11:15 GMT April 13, 2004 Reply   
ab....always appreciate your posts whenever u see something worth looking into. Thanks. :)

sgp sp 11:12 GMT April 13, 2004 Reply   
ab...unfortunately I cannot load msn properly...and I do not like icq....sorry...so far...I find that yms is abt the most stable.

hk ab nzd 0.6 11:12 GMT April 13, 2004 Reply   
sp// I think nzd fast dips first followed by aud and then, aud and nzd make north together with aud has larger magnitude.

However, I don't want to dictate it. Just let the indicator tells us these two weeeks.

sgp sp 11:11 GMT April 13, 2004 Reply   
ab....u r thinking aud/nzd is going north? it means aud/usd is going north explosively too?

hong kong nt 11:10 GMT April 13, 2004 Reply   
hk ab nzd 0.6 11:09 -- entry level, stop, target ?

hk ab nzd 0.6 11:09 GMT April 13, 2004 Reply   
sp// unfortunately, I don't have yahoo messenger.
only msn and icq.

hk ab nzd 0.6 11:09 GMT April 13, 2004 Reply   
sp// aud/nzd is going to make an explosive move soon.

I bet on the north side.

Last time this signal was generated when 100,200,250 dma twisted together in 2002.

port jeff ny amc 11:08 GMT April 13, 2004 Reply   
any thoughts on usd/jpy

ln 11:08 GMT April 13, 2004 Reply   
Stockholm za. is there a link where i can learn the ema based trading?

sgp sp 11:05 GMT April 13, 2004 Reply   
ab, it is yahoo messenger. I got a hk friend who would like to chat with u too. :)

hk ab nzd 0.6 11:01 GMT April 13, 2004 Reply   
sp// msn? or icq?

sgp sp 11:00 GMT April 13, 2004 Reply   
hk ab nzd, would u like to join me and my friends in chat?

Stockholm za 10:59 GMT April 13, 2004 Reply   
fwiw .....
Note:- ema 5 & 8 Penetration of ema 233 today......
They are not bouncing off....... waiting for ema 21 reaction..
Happy trading week to all.......

hk ab nzd 0.6 10:58 GMT April 13, 2004 Reply   
This morning I was still worrying about my nzd put @ .66

now seems things are getting better b4 Thursday.

Stockholm za 10:48 GMT April 13, 2004 Reply   

fwiw........
EUR/USD = ~1,186x On Key
Happy trades......

HKG SK 10:46 GMT April 13, 2004 Reply   
Time to buy some cheap Euro now and looking for 120 pips by end of NY session. IMHO. Please go to my comment at HKG SK at GMT 18:xx about Cable.

Gen dk 10:19 GMT April 13, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Nottingham 10:14 GMT April 13, 2004 Reply   
hk revdax 10:03 GMT

I cautioned this morning about a possible false break at 1.1980 and that positioned should be closed there if no followthru took place...at this moment in time it's not wise to do anything...on upside 1.2050 is key, while downside simply needs followthru under 1.1980...ideally pair returns to test resistance allowing you to get short...however, I will be buying euro from somewhere under 1.19 if seen today...that said some traders will buy at former high of 1.1934 but those positions will be managed as intraday with stops...gl gt

CAIRO AG 10:14 GMT April 13, 2004 Reply   
Nottingham // APPRECIATED... Have a good day.

HK [email protected] 10:13 GMT April 13, 2004 Reply   
EUR/USD
Rough chart eyeballing 15min chart. Prev. congestion around 1.2070, price fell to a present congestion roughly around 1.1995 Diff. is 0.0075 deduct it from 1.1995 to get 1.1920 roughly the result I got on my Prev. computation at:
HK [email protected] 04:10 GMT April 13 (1.1917 & 1.1908)

Nottingham 10:09 GMT April 13, 2004 Reply   
CAIRO AG 10:00 GMT

I actually think this will depend on the US retail sales data...I'm hearing some reports as high as 1% (consensus around +0.6% for both headline and core)...if so, this would add fuel to the argument for an earlier than expected hike by Fed thus should see euro trade down to test resolve of option protection at 1.1950...should number come in +0.4% or less then it would be mildly +ve for euro and would give it a good chance to see 1.2050 again where it would meet substantial selling pressure...gl gt

Ldn 10:07 GMT April 13, 2004 Reply   
EUR/USD
The market is nervous of a drop lower in spot!
Vols are supported after the holiday weekend with the demand centered upon short-dated Euro puts.
Barriers: 1,1950 & 1,1900

s.a.x.o

shg 10:05 GMT April 13, 2004 Reply   
FX OPTIONS: AUD/USD Exotic Barriers located at 0.7700

Melbourne Qindex 10:04 GMT April 13, 2004 Reply   
hk revdax 10:02 GMT - The risk is high. It is better sit back and watch.

Riyad K 10:04 GMT April 13, 2004 Reply   
AUS Trader ...hello
when do you think it will hit the target(200pips)?
Thank you

hk revdax 10:03 GMT April 13, 2004 Reply   
Nottingham 09:51 GMT//...and the conlusion is???buy or sell?

hk revdax 10:02 GMT April 13, 2004 Reply   
Melbourne Qindex 09:44//if i were to buy here, what would be the profit expected?

CAIRO AG 10:00 GMT April 13, 2004 Reply   
NOTTINGHAM// hi... so where do u think the Euro will low, for today i mean.... THANKS.

Nottingham 09:51 GMT April 13, 2004 Reply   
hk revdax 09:42 GMT

The lack of followthru below 1980 has given bears something to think about...however market needs to get back above 2050 as until then the field is still skewed towards weakness...US when it kicks in is unlikely to go against the trend so we may get another test of lows which would be more significant if it held, although caveat here is US retail sales which are due at 12:30GMT and expected to be quite strong, or at least the market is expecting a strong number...thus a surprise number has potential to change what has gone on before...gl gt

indonesia bahari2003 09:50 GMT April 13, 2004 Reply   
hongkong nt-thankyou for your view, I hope tomorrow hsi able to break 13200 resisitance. have a good trade buddy!

port jeff ny amc 09:50 GMT April 13, 2004 Reply   
What a way to wake up to find my gbp/usd short hit my limit for a cool 68 pips while I sleep........what views are out here for usd/jpy.......i think short it for a pullback to 105/10.........feedback please

KNOXVILLE TN. Dan-k 09:47 GMT April 13, 2004 Reply   
well i just awoke u r buying the aud/usd or shorting it, I guess i should have stayed up all night

AUS Trader 09:45 GMT April 13, 2004 Reply   
buying AUD/USD here at .7600 is good for at least 200 pips

Melbourne Qindex 09:44 GMT April 13, 2004 Reply   
hk revdax 09:42 GMT - I don't think so.

hong kong nt 09:42 GMT April 13, 2004 Reply   
BAHARI2003 -- flat on DJIA after the 10000-10500 range, think of put option if 10750-10800 is seen, HSF may see 13300-13500 this month...

hk revdax 09:42 GMT April 13, 2004 Reply   
Melbourne Qindex//Have we seen the top of $/CHF or bottom of Euro for today? TIA

CAIRO AG 09:41 GMT April 13, 2004 Reply   
Saloniko: 7 Month ago (late 2003), ab asked u on r view on EurGbp in 2004, and u said UP UP...even more than 0.80 !!!

Being at 0.6550 now,...Do u still think that will happen? TIA

Melbourne Qindex 09:26 GMT April 13, 2004 Reply   
Melbourne Qindex 09:26 GMT April 13, 2004
AUD/USD : Is the market heading towards 0.7160?

As shown in my 44-day cycle reference the market is pulling back to 0.7520. The market rhythm of my 44-day cycle reference is represented by 180 pips (0.01796). The distribution profile of my 44-day cycle probability chart indicates that the odds are good that the downward trending momentum is strong enough to penetrate through 0.7340. The next targets in the extreme trading range are 0.6801 and 0.6981.

... 0.6801* ... 0.6981* ... // 0.7160* - 0.7250 - 0.7340* - 0.7430 - 0.7520* - 0.7610 - 0.7699* // ...

shanghai bc 09:20 GMT April 13, 2004 Reply   

NT --Good evening.. Fed folks must be losing sleep over how to raise rates without popping the credit bubbles all over the places..Stox,housing,bonds are all bubble ridden at present and once the rate rise cycle starts,they will all pop and nose-dive..The thing is.perversely, rising rates expectations may be supportive of dollar for a while..Till the things get ugly on all fronts..Maybe they are trying to delay the rise as long as they can..But market is all about discounting expectations..

indonesia bahari2003 09:19 GMT April 13, 2004 Reply   
hongkong nt-how are you body?long time no chat to you
what dou you think of hsi for tomorrow, I hold long positions at 13086, hope for good result of intel tonight. what do you think?

Gen dk 09:14 GMT April 13, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Melbourne Qindex 09:14 GMT April 13, 2004 Reply   
Gold Coast martin 09:09 GMT - Good evening, AUD/USD : It can go lower to 0.6801. The key here is 0.7520.

hong kong nt 09:12 GMT April 13, 2004 Reply   
BC -- do you think DJIA may need a double top to turn south? many good trades to you...

Gold Coast martin 09:09 GMT April 13, 2004 Reply   
DR Q...grear to hear your thoughts on the aud/usd....7150 has been flashing in my system for the past 2 weeks ....g/l to everyone...

BWp Imran 09:09 GMT April 13, 2004 Reply   
Melbourne Qindex

thanks :)

Ldn 09:09 GMT April 13, 2004 Reply   
Melbourne Qindex thats the number I like to see :-))

Melbourne Qindex 09:07 GMT April 13, 2004 Reply   
BWp Imran 09:05 GMT - If 1.1954 fails to hold the odds are good that the market will penetrate through 1.1900.

Melbourne Qindex 09:05 GMT April 13, 2004 Reply   
Ldn 08:29 GMT - AUD/USD : 0.7160 is always a target flashing in my system.

BWp Imran 09:05 GMT April 13, 2004 Reply   
Melbourne Qindex

do u think EUR/USD can break down wads up to 1.1900?

HK [email protected] 09:04 GMT April 13, 2004 Reply   
Melbourne Qindex 09:02 GMT
Thank you for your answer!

Melbourne Qindex 09:02 GMT April 13, 2004 Reply   
HK [email protected] 08:59 GMT - Spot Gold : It can trade below 415.3 and the next target is 409.1.

Ldn 09:01 GMT April 13, 2004 Reply   
News Highlights: US Arrest Aide Of Anti-US Cleric Sadr

shanghai bc 08:59 GMT April 13, 2004 Reply   

Eur/usd is approaching 250 dma after falling from 1.29 far away from 250 dma,some 1500 pips away, a few months ago..Eur/usd may be entering into another interesting region around 250 dma where short-term views and long-term views digerge to the extreme..For long-term money anything within 200 pips radius of 250 dma may be a good value for the coming months while shotr-term money may be already used to the falling Eur/Usd as they were used to the rising Eur/usd above 1.25..Fwiw..

HK [email protected] 08:59 GMT April 13, 2004 Reply   
Melbourne Qindex

Do you think it is probable gold will break below 413 ???

Mtl JP 08:59 GMT April 13, 2004 Reply   
AG 08:53 / press the Archive button and search for GVI john

CAIRO AG 08:53 GMT April 13, 2004 Reply   
When is the Rate decision in CANADA will be announced? TIA

Melbourne Qindex 08:52 GMT April 13, 2004 Reply   
HK [email protected] 08:47 GMT - Spot Gold : It is under pressure when it is trading below 421.4.

HK [email protected] 08:47 GMT April 13, 2004 Reply   
Melbourne Qindex 08:43 GMT April 13
Thank you. In that case I may resort to simple T.A. and some common sense or...look back to gold as an alternative investment. Dollar strength seems temporary, and I am not sure at all, if it is of American interest to let it become stronger.

Melbourne Qindex 08:43 GMT April 13, 2004 Reply   
HK [email protected] 08:28 GMT - 1.1820 is a 22-day cycle quantised level. It is also the mid-point reference between 1.1686 and 1.1954. Other cycle analyses are required to access the odds if the market can trade that low in the next 7 trading days. There is a lot of uncertainty at this moment.

HK [email protected] 08:43 GMT April 13, 2004 Reply   
Melbourne Qindex 08:38 GMT April 13,
Thank you for our answer. Looks really exhaustive if reached. But everything can happen in this exciting market.

Melbourne Qindex 08:38 GMT April 13, 2004 Reply   
HK [email protected] 08:28 GMT - EUR/USD : 1.1954 is the most one for this week.

Ldn 08:38 GMT April 13, 2004 Reply   
China fears boom and bust cycle

http://news.bbc.co.uk/2/hi/business/3619485.stm

The Chinese government has issued a new warning that too much bank lending for real estate and certain industrial projects could lead to supply gluts and trigger a financial crisis.


Melbourne Qindex 08:37 GMT April 13, 2004 Reply   
amman jo 08:33 GMT - GBP/USD : See my weekly cycle analysis on this one.

Melbourne Qindex 08:36 GMT April 13, 2004 Reply   
amman jo 08:33 GMT - GBP/USD : It will follow AUD/USD.

Melbourne Qindex 08:36 GMT April 13, 2004 Reply   
Ldn 08:29 GMT - AUD/USD : I am working on it now. One can make an estimation that 1.5685 is the low for EUR/AUD.

amman jo 08:33 GMT April 13, 2004 Reply   
quindex hi

what is your view for gbp/usd

thanks

Ldn 08:29 GMT April 13, 2004 Reply   
Melbourne Qindex
hi , with the Euro headed for that low , where will that put the Aussie cheers & thanks

HK [email protected] 08:28 GMT April 13, 2004 Reply   
Melbourne Qindex 08:22 GMT

And if that 1.1954 will give way how sure (probability) are we 1.1850 will give way too???

Melbourne Qindex 08:22 GMT April 13, 2004 Reply   
EUR/USD : I have a feeling that majors stops are placed 15 - 30 pips below the quantised level at 1.1954.

Ldn 08:21 GMT April 13, 2004 Reply   
HK [email protected] there only as good as their last prediction -

Melbourne Qindex 08:19 GMT April 13, 2004 Reply   
EUR/USD : The following is still valid and we have another 7 trading days to achieve the goal at the end of the 22-day cycle.

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.

Melbourne Qindex 08:13 GMT April 13, 2004 Reply   
USD/CHF : Current Comment.  Register with [email protected] if you have no access to my page.

saloniko 2004 nk 08:10 GMT April 13, 2004 Reply   
Good Morning...

USD/CHF..

The way for 1.35 seems easy now..but still to be honest i think will see a move close to 1.24+ b4 further UP..


nk


HK [email protected] 08:08 GMT April 13, 2004 Reply   
Ldn 07:46 GMT April 13

how reliable and sincere to the public are JP morgan???

Roumeli anka 08:05 GMT April 13, 2004 Reply   
Gold this week from Merlin
http://www.chartsedge.com/g041104.gif

Melbourne Qindex 08:04 GMT April 13, 2004 Reply   
EUR/AUD : It seems to me that the market is stablizing around the supporting level at 1.5655 - 1.5685. It is going to consolidate further in the range of 1.5655 - 1.5860.

Bloemfontein SA new bee 07:58 GMT April 13, 2004 Reply   
sgp thank you for helping me

BWp Imran 07:57 GMT April 13, 2004 Reply   
my yahoo id is


sirsadiq At yahoo dot com

Shg 07:56 GMT April 13, 2004 Reply   
AUD Lower by USD Strength, Stops Below 0.7610
ifr

sgp sp 07:54 GMT April 13, 2004 Reply   
BWp Imran 07:48 GMT April 13, 2004
not too sure how to do it...but I just use YMS to send u a msg.

Ldn 07:52 GMT April 13, 2004 Reply   
German econ seen growing 0.2% on qtr in 1Q for third qtr in row, says Berlin's DIW econ institute. Despite improvements in domestic econ, overall economy remains feeble as strong euro burdens foreign mfg orders
APP

BWp Imran 07:48 GMT April 13, 2004 Reply   
sgp sp sure i want to join u


sirsadiq at yahoo dot com

BWp Imran 07:48 GMT April 13, 2004 Reply   
sgp sp sure i want to join u


sirsadiq at yahoo dot com

Ldn 07:46 GMT April 13, 2004 Reply   
JP Morgan stays bearish on EUR/USD and is looking for a break through 1.1930 to 1.1850 and then 1.1590.

sgp sp 07:44 GMT April 13, 2004 Reply   
Bloemfontein SA new bee
normally I will go to archive, type GVI....and u can see the week's data provided by John of GVI....just need to convert GMT to your local time.

gl & gt

Bloemfontein SA new bee 07:28 GMT April 13, 2004 Reply   
Can anybody tell me at what time today the data will be released

sgp sp 07:28 GMT April 13, 2004 Reply   
ab, a couple of my friends are in YMS chat....would u like to join us? one of them is from HK. :)

let me know so that I can send u an e-mail. btw, I do have ur e-mail addy. :)

amman jo 07:27 GMT April 13, 2004 Reply   
for the gbp/usd ... since 1 week all weekly charts are down , with targets of 1.7838 as contracted objective price and 1.7367 as objective price and for daily objectives the contracted objective price is 1.8160 nd the objective is 1.79

so for today if daily charts will be down then we will have big move down ... by god will

BWp Imran 07:24 GMT April 13, 2004 Reply   
hi friend good after noon

whats going on ?
any good news?
any good trade?

Miami OMIL (/;-> 07:17 GMT April 13, 2004 Reply   
Indonesia Solo raden_masandi 07:13 GMT April 13, 2004
Some stops clearing and people are anticipating good data for US later today that is mainly what is moving the market at the moment but until the data comes out we won’t see the real moves IMHO.

Miami OMIL (/;-> 07:15 GMT April 13, 2004 Reply   
sing 07:06 GMT April 13, 2004
FWIW I have another chart showing the daily 200ema is at 1.1970-80 area. That is why I believe you have to get a feel for the chart you use.

Indonesia Solo raden_masandi 07:13 GMT April 13, 2004 Reply   
anyone here help me what happen with gbp/usd.. any data?
thanks

Miami OMIL (/;-> 07:09 GMT April 13, 2004 Reply   
sing 07:06 GMT April 13, 2004
All charts are not the same but I am using the daily 200 ema. Our numbers may not be the same but the idea is the same. GL GT

sing 07:06 GMT April 13, 2004 Reply   
200dsma is 1.1910 approx

Riyad K 07:03 GMT April 13, 2004 Reply   
Bye bye eur/$ :( :( :( "long 3 positions"

Shg 07:01 GMT April 13, 2004 Reply   
NYC YIPPEE great call aud and all

Miami OMIL (/;-> 07:00 GMT April 13, 2004 Reply   
200 dma (1.2005-00) is the support for the eur/usd for the time being. If this support is taken then the retest of the fibo line is next IMHO.

hk ab .6 nzd 06:54 GMT April 13, 2004 Reply   
Qindex, thanks!

Riyad K 06:54 GMT April 13, 2004 Reply   
Got completely confused :(
Any pait to trade at the moment?
Thank you

gold coast jsh 06:53 GMT April 13, 2004 Reply   
someone arrived early today to buy USD$....any ideas who?

Nottingham 06:47 GMT April 13, 2004 Reply   
there will probably be a lot of folk selling any break of 1.1980 thus there is an increased chance of a false break occuring...any bounce is likely to be limited to 1.2050 but that would be enough to take out those positions...so as always, if no followthru within a few moments of the break it would be best to take profits/close out...gl gt

Bkk cad 06:46 GMT April 13, 2004 Reply   
nah! I'm holding for 1.1980

MONACO OGA 06:45 GMT April 13, 2004 Reply   
FX UPDATE 13/04
Good morning,

***EUR***
EUR/USD (currently 1,2020), 70 pips lower than Friday's opening. EUR/USD is looking heavy this morning with a test of critical 1,1980 in the cards later this week (a break of this support could open way to 1,18 level). Multi day resistance now above 1,2175 (200 period moving average on the daily chart). Only a day close above this level would negate the short term bearish scenario. Geopolitical worries in the middle east will be the center of attention again with the coalition forces gradually losing control of all the majors city in Irak . Overnight range was 1,2011-1,2082. Overall we are still neutral on the medium term with a consolidation pattern inside 1,1950-1,2450 still going on since the end of February (short term bearish bias for today).

Data out today:
US retail sales March expected 0.6% 13.30 GMT
CA BOC rate decision 14.00 GMT
US bus invents Feb expected 0.5% 15.00 GMT
US FED budget Mar expected -70 Bio 19.00 GMT

Gold around 420.00 , with WTI May at 37,76.

***JPY***
USD/JPY (currently 105,40) 100 pips lower on Monday with traders covering long USD/JPY positions taken on geopolitical implications of the 3 japanese citizens kidnapped. USD/JPY stopped a few pips short of 104,95 support before retracing to current levels on the back of EUR/USD selling.
EUR/JPY (currently 126,80) resuming its downtrend once 128 support was broken yesterday, and still looking offered ahead of 125,50-126,00 critical support.

***GBP***
Cable (currently 1,8350) retraced from 1,8425 overnight high on EUR/USD selling, but looking more sesitant than EUR on expectations of rate hike during next BOE meeting (May 6th). Support still at 1,8280-1,8300.
EURGBP (0,6555) printing new lows this morning and looking for long term support at 0,6450.
Have a nice day,

Olivier

Melbourne Qindex 06:44 GMT April 13, 2004 Reply   
hk ab .6 nzd 06:43 GMT - We will see 1.29+++

hk ab .6 nzd 06:43 GMT April 13, 2004 Reply   
Revdax, do u plan to cut or add to dlr/chf short if now it overshoots?

Ldn 06:42 GMT April 13, 2004 Reply   
Dr Doom" sees house price collapse

LONDON (Reuters) - House prices are set to crash, according to Tony Dye, the London fund manager who earned the nickname "Dr Doom" after he predicted a collapse in global stock markets in the 1990s.

Dallas DH 06:41 GMT April 13, 2004 Reply   
GBP/USD down over 80 pips within last hour what's happening?

Melbourne Qindex 06:40 GMT April 13, 2004 Reply   
EUR/USD : The market may have enough momentum to tackle the lower barrier of my weekly cycle this time. The cycle time is coming up and I will not under estimate its downward trending momentum.

Minnesota Mark 06:40 GMT April 13, 2004 Reply   
montreal joe - If you rely on censored they are looking at 179. Personally, anything under the 181.5 - 182 will make me happy.

Bkk cad 06:40 GMT April 13, 2004 Reply   
London: Yipee! 10 years of trading and I'm almost square! lol

montreal joe 06:39 GMT April 13, 2004 Reply   
hello folks i have sold gbp/us @1.8375 moved s/l to break even how low can we expect it to go?...your thoughts

ICT ML 06:37 GMT April 13, 2004 Reply   
anyone know of barriers on .6550 area eur-gbp?

Riyad K 06:36 GMT April 13, 2004 Reply   
hello
where's aud/$ is heading?
Any body would tell;plz.?

Melbourne Qindex 06:35 GMT April 13, 2004 Reply   
Miami OMIL (/;-> 06:29 GMT - EUR/USD : When one looks at the chart this morning it is very difficult to tell whether the market will penetrate through 1.2050.

Ldn 06:34 GMT April 13, 2004 Reply   
Sorry no, but recognise your style :-) hi.

Miami OMIL (/;-> 06:33 GMT April 13, 2004 Reply   
AUS Trader 06:30 GMT April 13, 2004
After waiting three days for some kind of move this is enough to get us excited for the moment LOL.

AUS Trader 06:30 GMT April 13, 2004 Reply   
fwiw euro dip 30 pips & we are screaming for 1.19 again once again

Miami OMIL (/;-> 06:29 GMT April 13, 2004 Reply   
Qindex good call with stops taken out on the 1.2050 level that should clear the way for the test on the fib line again but the market is still thin and this maybe a false break out IMHO. Thanks for your comments. GT

Bkk cad 06:27 GMT April 13, 2004 Reply   
Yep! that you Joe?

Melbourne Qindex 06:26 GMT April 13, 2004 Reply   
Melbourne Qindex 00:31 GMT April 13, 2004
EUR/USD : In the mean time the market will move between the following ranges in a form of random walk.


... // 12005 - 1.2035 - 1.2066 - 1.2097 // ...

Bkk cad 06:26 GMT April 13, 2004 Reply   
Agree, swissy can swish her way to 1.2910 then, 1.3000 imhv

Ldn 06:24 GMT April 13, 2004 Reply   
Bkk cad Bne CAD?

Melbourne Qindex 06:24 GMT April 13, 2004 Reply   
Melbourne Qindex 04:25 GMT April 13, 2004
AUD/USD : The congested area of my daily cycle indicates that the market has a tendency to trade between the ranges of 0.7608 - 0.7656 - 0.7705. The odds are in favour of taking short position if the market is trading below 0.7705. The market is now trading below the weekly cycle barrier of 0.7668 - 0.7676. It is possible that the market may hit the daily high in Asia session around 0.7688.

... 0.7601 // 0.7618 - 0.7636 - 0.7653 - 0.7671 - 0.7688 - 0.7705 // 0.7723 .. 0.7758 ...

Melbourne Qindex 00:02 GMT April 13, 2004
EUR/USD : The key quantised level of the week is 1.2035. It is going to act as a super magnet and the market will not move too far away from it initially.The high on Monday was 1.2098 which is 63 pips above the super magnet at 1.2035. It is reasonable to believe that the minimum magnitude of the week below the key quantised level is 1.2035 - 0.0063, i.e. 1.1972.


Shg 06:24 GMT April 13, 2004 Reply   
EUR OPEN: Investment Focus Maybe Shifting To Asia, JPY-AUD Bid
The EUR/USD opened around 1.2075/80 and immediately started to ease due to pressure applied by EUR/JPY selling. The EUR/JPY fell below 127.00 to 126.75 and the EUR/USD fell to 1.2058 on selling from Japanese and
U.S. names. Sentiment towards the EUR is bearish due to concerns that the EZ economy is lagging behind Asia and the U.S. and even some of its non-euro aligned
neighbours. The EUR/USD has managed to hold up
due in great part to geopolitical concerns surrounding the volatile situation in Iraq. There are signs that Iraq might be at least stabilizing and if that continues to be the case and the U.S. retail Sales number later today is a good one the EUR/USD could drift back under 1.2000
IfR

QC WC 06:23 GMT April 13, 2004 Reply   
Think Usd/Chf can go higher still now that 1.2875 breached.

Bkk cad 06:21 GMT April 13, 2004 Reply   
Euro will get 1.2000 today yet.

hk ab .6 nzd 06:18 GMT April 13, 2004 Reply   
Revdax// GREAT call, now shorted chf 1.2880, s/l above.

Ldn 06:16 GMT April 13, 2004 Reply   
EUR/USD - no change in view and price levels -- the common currency again finds support at 1.2050 and may yet rally back to 1.2130 - 1.2140 before resuming the downtrend. The short-term outlook remains negative, and the downtrend should reassert thereafter. The next downside target is the 1.1980 base. A fall to 1.1700 - 1.1600 is still expected further out.
s.a.x.o again
/
/

Bkk cad 06:16 GMT April 13, 2004 Reply   
and off she goes...

Ldn 06:15 GMT April 13, 2004 Reply   
Look at Euro Go >>>>/
/
/

Ldn 06:12 GMT April 13, 2004 Reply   
AUD/USD unable to push through .7695 the 3rd time, may fall to .7500; NZD/USD meets barrier at .6650, seeks .6450 pullback AUD/USD - the recovery from .7580 low did reach .7690, and it does look like resistance will hold. The new downmove should be confirmed at break of .7220. The .7380 objective still beckons on the downside further out.

This is s.a.x.o bank view

Bkk cad 06:11 GMT April 13, 2004 Reply   
Corrections to post 0547: add 20 cents onto all Aud levels stated. To reiterate, below .7650 is broken triangle, duck for sub .7600 to .7550, but it is my hope that Aud will remain well bid within triangle in order to complete weekly target of .7800. Now I am feeling a certain air of enthusiasm as EUR/YEN hourly candle makes an intra-trend line evening star doji. Addit: Considering EUR/YEN’S sell off yesterday, EURO help up rather well, as did Aud. EUR/YEN to 1.2640 before 1.2610 from here imho.

Shng 06:03 GMT April 13, 2004 Reply   
Floor of Australia's Treasury building in Canberra locked down after mailroom employee finds white powder in envelope addressed to Department of Finance and Administration.

Shg 05:55 GMT April 13, 2004 Reply   
AUS Trader thanks answered my question while typing

Shg 05:54 GMT April 13, 2004 Reply   
AUS Trader what level are you targeting and what time frame cheers

AUS Trader 05:53 GMT April 13, 2004 Reply   
aud/usd flying up to .7800
buy it on dips

shanghai ht 05:48 GMT April 13, 2004 Reply   
AUS Trader: what do you mean "aud dollar getting ready to fly"? up or down? thanks!

Bkk cad 05:47 GMT April 13, 2004 Reply   
My 2 cents: This is a key level to watch in the EUR/YEN, if this level breaks, then next move will be technical, EUR/YEN wants 1.26 (assuming Yen clears 1.05) which may help drag Euro back to 1.2000 and Aud to .5650 only as it will remain well bid, then move for weekly target of .5800, albeit, IF Aud falls out of ascending triangle, then expect move back toward .5600 (half way retracement of last weeks bull candle).

Gold Coast martin 05:43 GMT April 13, 2004 Reply   
AUS TRADER....i just asked for a very brief analysis of your thinking...little red birds just tell the coming of spring! anyway hope you win...good trades....

AUS Trader 05:39 GMT April 13, 2004 Reply   
a little red bird from Mar told me. fwiw go check my track record.

Gold Coast martin 05:32 GMT April 13, 2004 Reply   
aud trader..the aud is getting ready to fly...SOUTH!....What is the basis of your comment?...tia

AUS Trader 05:29 GMT April 13, 2004 Reply   
aud dollar getting ready to fly. euro should tag along nicely.

hk jn 05:28 GMT April 13, 2004 Reply   
revdax

any TRD that you may offer?

Bkk cad 05:28 GMT April 13, 2004 Reply   
Well...I'd rather not sell into Aud seeing it is so well bid and DLY has ascending triangle imo.

hk jn 05:27 GMT April 13, 2004 Reply   
revdax

may I have your view on usd or eur? tia

QC WC 05:26 GMT April 13, 2004 Reply   
Revdax, I believe you are refering to USD weakening. How about with regards to Yen? Will Usd continue to weaken further versus the Yen?

hk revdax 05:16 GMT April 13, 2004 Reply   
FWIIW//REgardless of whatever 'news' floating around in the news medium, today's $ trend has already been pre-determined by the forces set into motion days or even months ago....IMO.

Miami OMIL (/;-> 05:01 GMT April 13, 2004 Reply   
HK [email protected] 04:46 GMT April 13, 2004
The ones we hear about do not scare me as much as the ones we do not hear about. GT

HK [email protected] 04:46 GMT April 13, 2004 Reply   
Miami OMIL (/;-> 04:25 GMT April 13, 2004
If you like to have a shocking fundamental; That new one may be more significant than Iraq.

WORLD NEWS: Terrorist chemical threat 'worse than suspected'
By Mark Huband, Security Correspondent, in Paris
Financial Times; Apr 12, 2004



Terrorists plotting to use chemical weapons in Europe have more advanced plans than security services previously suspected, a senior French counter-terrorism official has warned.

Small groups of chemicals experts have been detected in several European countries and have developed ways of communicating with each other that allowed them to avoid being exposed.

"We have underestimated the terrorists' willingness and capacity to develop chemical weapons," the French official told the Financial Times. He said a recent wave of arrests in Britain and France has revealed how far they had developed their plans.

The groups appear to operate separately from other cells planning attacks using ordinary explosives. Several of them are believed to have links to Islamic militants in the breakaway Russian republic of Chechnya. Western intelligence services allege that extremists linked to al-Qaeda have carried out experiments in chemical warfare in Chechnya.

In January, French anti-terrorist police arrested five people in the Lyons suburb of Venisseux - three of them from the same family - on suspicion of involvement in planning terrorist attacks. Nicolas Sarkozy, then interior minister, said that one of the detainees, Menad Benchallali, "was trained to produce chemical substances".

Two of the detainees admitted a plan had been devised to attack Russian targets in France using ricin poison and botulinum bacteria. French officials say Mr Benchellali received chemical weapons training in Georgia's Pankisi Gorge, a haven for Chechen fighters.

On April 6, British anti-terrorist officers uncovered a possible plot to use osmium tetroxide in an attack. The chemical can cause death or blindness if dispersed in an explosion. UK security officials have refused to comment on the alleged plan, though US officials said it was in its early stages.

The alleged plotters were reported to have been in direct contact with extremists in Pakistan, as the plot was discovered when their telephone calls were monitored by GCHQ, the UK government's electronic surveillance centre.

"The Pakistani element [in developing these weapons] was also totally underestimated, as was the experience developed in Chechnya," said the French official. He added that militants within the Pakistani Islamist group Lashkar-i-Toiba, which has close links to al-Qaeda, had helped develop chemical weapons skills now dispersed to several parts of the al-Qaeda network.

"The thing that is most clear is that the people with the knowledge of chemicals are very organised," the French official said. "There are links between the groups that have chemical expertise. These groups are not present everywhere, though Chechnya is where they learned this skill."

The arrests in January in Venisseux led to the discovery of vital clues about the links between alleged extremists with knowledge of chemicals and experts trained in Chechnya and Afghanistan.

"The group arrested in Venisseux has links to Chechnya, but also to Abu Musab al-Zarkawi," the official said.

Mr Zarkawi, a Jordanian thought to be in Iraq, is said by intelligence officals to have run classes in chemical warfare at an al-Qaeda training camp in the Afghan city of Herat in 2000-01. A taped statement attributed to Mr Zarkawi was broadcast on an Islamist website this week, in which he said that Iraq's Sunni Muslims should "burn the earth under the [foreign] occupiers' feet" in Iraq.

Rye, NY et 04:30 GMT April 13, 2004 Reply   
FWIW...
No adjustments...

Rye, NY et 01:52 GMT April 9, 2004
Long EUR/USD 1.2090;cut 1.2030;take 1.2240

Melbourne Qindex 04:26 GMT April 13, 2004 Reply   
Melbourne Qindex 04:25 GMT April 13, 2004
AUD/USD : The congested area of my daily cycle indicates that the market has a tendency to trade between the ranges of 0.7608 - 0.7656 - 0.7705. The odds are in favour of taking short position if the market is trading below 0.7705. The market is now trading below the weekly cycle barrier of 0.7668 - 0.7676. It is possible that the market may hit the daily high in Asia session around 0.7688.

... 0.7601 // 0.7618 - 0.7636 - 0.7653 - 0.7671 - 0.7688 - 0.7705 // 0.7723 .. 0.7758 ...

Miami OMIL (/;-> 04:25 GMT April 13, 2004 Reply   
FWIW eur/usd is still in the same range I left it Friday. My comments still stand for this pair either way. I am careful at this time because even if the technical view points to a $ strength there are other variables like (Iraq and Terrorism) that can come to play and wreck the charts for us IMHO. GL GT

HK [email protected] 04:10 GMT April 13, 2004 Reply   
Eur/Usd
Take the high of 2/18/04 deduct from it the low of 3/3/04 And call it wave (A) assume the top of 3/9/04 is the end of wave (B) which began at 3/3/04 low.
Looks like Eur daily makes a contracting triangle (if it would not like to surprise us!!!).
So deduct from the end of wave(B ) 0.618 of the size of wave A. You get 1.1917 as a possible target for wave(C) .
If I take a look at the H&S formation on the hourly chart formed on the last two days I get 1.1908 as target upon the break of the neckline. Those theoretical targets are for initial reference only and they may fall in a range around the real ones.

That is a point of view which may serve a medium term Dollar bull. The next question will be of course, if there will be a significant rebound in Euro price, or what we assume now as a contracting triangle will fail us.

ICT ML 03:46 GMT April 13, 2004 Reply   
correction...sell more at .6580 not .6680

ICT ML 03:45 GMT April 13, 2004 Reply   
Taro...no probs here...just had to point the true R/R out to the others...cause it is a good R/R trade

Going to try to sel more eur-gbp at .6680 after missing a fill at .6600 Yday...and might sell cable and euro if it looks offered in Ldn session..

see ya later

Montréal Taro 03:39 GMT April 13, 2004 Reply   
ICT ML

Sorry man, I misread his number, my mistake.

Sorry about that Yippee

usa tom 03:37 GMT April 13, 2004 Reply   
just bought some aud, to hedge this crazy eur/aud position from 1.584.

ICT ML 03:36 GMT April 13, 2004 Reply   
what are you talking about Taro..?..its risking 60 pips for a 420 pip profit..........YIPPEE is a big boy and knows his stuff man....

Los Angeles sls 03:34 GMT April 13, 2004 Reply   
Miami aa
You might want to explore Technical Analysis in choosing your trades, entry and exits. www.clearstation.com has a good education center. But always remember that financial data releases and geopolitical event news can through TA out the window. And I really agree with Wellington, excellent advise to paper trade in real time and when you trade go in with manageable positions. You'll learn most by your own mistakes, so paper trading is the best for a while.

Montréal Taro 03:33 GMT April 13, 2004 Reply   
NYC YIPPEE 02:55 GMT April 13, 2004

Does that make sense to you to risk 40 pips, for a profit of 20 ?

Miami aa 03:27 GMT April 13, 2004 Reply   
Wellington, looool
thanks, for the tip. is there a website or ebooks any one recomends.

GZ TLY 03:26 GMT April 13, 2004 Reply   
USD/JPY :Today and now seel JPY and buy USD in day time!13/04/2004(for BEIJING TIME,http://www.timeanddate.com/worldclock/)

pj amc 03:25 GMT April 13, 2004 Reply   
wellington...............be nice

Wellington am 03:25 GMT April 13, 2004 Reply   
Miami aa
Sorry about that last quip. I'm pretty new myself, but am learning rather too fast. The main bit of advise I'd offer to someone also new is to paper trade for a long time first, and when trading, only take small managable positions so that you don't sweat and start behaving irrationally when things don't go your way.

Wellington am 03:23 GMT April 13, 2004 Reply   
Get out now before you lose your shirt.

Miami aa 03:19 GMT April 13, 2004 Reply   
hello everytone I'm new to forex any suggestions please.

NYC YIPPEE 02:55 GMT April 13, 2004 Reply   
NYC YIPPEE 18:40 GMT April 12, 2004
FWIW Selling GBPUSD @ 1.8400 Target 1.7980 stop @ 1.8460

port jeff ny amc 02:51 GMT April 13, 2004 Reply   
anyone looking at gbp/usd right here? feedback please

Quito Valdez 02:40 GMT April 13, 2004 Reply   
MEX sjs//
Are you here amigo?

hk revdax 02:37 GMT April 13, 2004 Reply   
hk ab .6 nzd //Send me an email through Jay and I will leave you the mobile number.

Ldn 02:32 GMT April 13, 2004 Reply   
AUD/USD TECHS: double top 7690 Fails Again with good selling

hk ab .6 nzd 02:14 GMT April 13, 2004 Reply   
u need to leave cell number to nt.

hk revdax 02:06 GMT April 13, 2004 Reply   
hk ab .6 nzd 01:43 //No one contacted me yesterday.

Shg 02:02 GMT April 13, 2004 Reply   
AMP Capital Investors' Shane Oliver admits surprise at 4.3% fall in Australia February housing finance; he expected some stabilization after sharp falls. Data confirm housing still coming off boil, while risk is sector experiences hard landing. Reserve Bank will be a bit cautious in thinking about raising rates again.
reuters...)

hk ab .6 nzd 01:43 GMT April 13, 2004 Reply   
Revdax// thanks! Did nt contact you yesterday? what a miss...

Gen dk 01:36 GMT April 13, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

hk revdax 01:35 GMT April 13, 2004 Reply   
hk ab .6 nzd 01:14//No overshoot...

Shg 01:33 GMT April 13, 2004 Reply   
The number of housing-finance approvals in Australia fell a seasonally adjusted 4.3% in February from January, the Australian Bureau of Statistics said Tuesday.
Economists surveyed ahead of the announcement on average had expected a fall of 2.0% in February

ABS.

Ldn 01:32 GMT April 13, 2004 Reply   
Aussie Business Conditions Steady - NAB

dln 01:31 GMT April 13, 2004 Reply   
Australian Feb Housing Finance -4.3% Vs -2.0% Consensus

ikabod_25 01:29 GMT April 13, 2004 Reply   
ikabod_25 05:27 GMT April 6, 2004
the yenny will never ever give us an easy ride and this is just to scare those who really understood the reading of the head and shoulder formation which is already been very long overdue so the strat is still the same get a hold of any SHORT position at any good point with stops to protect!!

hk ab .6 nzd 01:14 GMT April 13, 2004 Reply   
revdax// gd morning.

how many pips do u think the dlr/chf can overshoot your 1.2880?

am interested in doing the south.

Shg 01:08 GMT April 13, 2004 Reply   
0200 GMT U.S. Vice President Dick Cheney gives speech in
Tokyo.

SHG 00:57 GMT April 13, 2004 Reply   
Japan MOF Mizoguchi: Watching Forex Market Closely

hk revdax 00:48 GMT April 13, 2004 Reply   
FWIIW//The Macau index, which has a low-tech content but in the past has demonstrated that it is comparable to indicators of a high-tech content, is now pointing to 1.2880 as a very stiff resistance of $/CHF.

NYC YIPPEE 00:48 GMT April 13, 2004 Reply   
FWIW Selling AUDUSD @ .7686 stop .7706 looking to grab 'em back around .7530.

shanghai bc 00:44 GMT April 13, 2004 Reply   

For anyone who trades Aud/usd,given the make-up of Asian investment portfolio,Aud/Usd is dancing to the tune of Gold in general..Fwiw..

melbourne farmacia 00:42 GMT April 13, 2004 Reply   
WC - trailing stop hit so flat Gbp.

Shg 00:41 GMT April 13, 2004 Reply   
Easter didn't bring the terror attacks many feared it might, notes Macqaurie, and, although situation has worsened in Iraq it may be time to get back into USD. Points out, geopolitics aside, fundamentals are hard to argue with: Eurozone data remain discouraging, while U.S. still far more upbeat, looks to divergent rate patterns from Fed, ECB, with latter, at least, on hold if it doesn't actually cut. Bank thinks EUR/USD will sneak back under 1.2000 this week

reuters

Melbourne Qindex 00:39 GMT April 13, 2004 Reply   
Colo MLJ 00:30 GMT - Thank you for your kind words. We are running projected profiles and probabilities. There is always an uncertainty in our system. In the other words the uncertainty principle in Quantum Mechanics is also apply here.

Melbourne Qindex 00:31 GMT April 13, 2004 Reply   
EUR/USD : In the mean time the market will move between the following ranges in a form of random walk.


... // 12005 - 1.2035 - 1.2066 - 1.2097 // ...

Colo MLJ 00:30 GMT April 13, 2004 Reply   
Melbourne Qindex 00:19 GMT April 13, 2004

Dr.Q, thank you,

anything you do to explain your viewpoint does help those of us who are trying to understand your methods. I have been following you for quite some time, and have to come to have a great deal of respect for your analysis, and your explanations will only add to your credibility. Keep up the great work.. and thank you.

KNOXVILLE TN. Dan-k 00:28 GMT April 13, 2004 Reply   
thank you melborne

QC WC 00:27 GMT April 13, 2004 Reply   
Farmacia, are you still short GBP?

Melbourne Qindex 00:26 GMT April 13, 2004 Reply   
KNOXVILLE TN. Dan-k 00:19 GMT - EUR/USD : The weekly cycle analysis has been postedin my page. EUR/USD : Current Comment.  Register with [email protected] if you have no access to my page.

melbourne farmacia 00:25 GMT April 13, 2004 Reply   
LAX-LGB SNP 23:46 GMT April 12, 2004
Agree regarding Aud/usd.... I see 0.7750 as possible target area based on daily reading.... if hourly tops break.. and the rollover interest still keeps it appealing to some.

Dublin CK 00:25 GMT April 13, 2004 Reply   
I have noticed that you are using some different terminology compared to your usual language "super magnet" being case in point (More clarity)

From my point of view your analysis has always been very understandable and it is also appreciated.

You have made some phenomenal calls in the past. Keep up the good work.

port jeff ny amc 00:25 GMT April 13, 2004 Reply   
gbp/usd looking a little overbought to me. shorting it here at 1.8390

Melbourne Qindex 00:22 GMT April 13, 2004 Reply   
Dublin CK 00:15 GMT - You are welcome. I am trying to explain my analysis in a simple manner and see whether it is better for viewers to understand.

KNOXVILLE TN. Dan-k 00:19 GMT April 13, 2004 Reply   
i want to know

Melbourne Qindex 00:19 GMT April 13, 2004 Reply   
Dublin CK 00:15 GMT - You are welcome. I am trying to explain my analysis in a simole manner and see whether it is better for viewers to understand.
.

LTN th 00:16 GMT April 13, 2004 Reply   
TN// I wonder if people want to find out if 7690 barrier is still there with reports of 7700 dnt expiry?

Dublin CK 00:15 GMT April 13, 2004 Reply   
Thks Dr Q.

KNOXVILLE TN. Dan-k 00:05 GMT April 13, 2004 Reply   
i may be early but im shorting aud usd

LTN th 00:04 GMT April 13, 2004 Reply   
I have ben caught before on a couple of occasions with Japs pulling major investments out of individual enterprises only to have them leave it in AUDs and invest in something else. They seem to have this preoccupation with keeping their fx interventions and tradings sanitary.

Melbourne Qindex 00:02 GMT April 13, 2004 Reply   
EUR/USD : The key quantised level of the week is 1.2035. It is going to act as a super magnet and the market will not move too far away from it initially.The high on Monday was 1.2098 which is 63 pips above the super magnet at 1.2035. It is reasonable to believe that the minimum magnitude of the week below the key quantised level is 1.2035 - 0.0063, i.e. 1.1972.

KNOXVILLE TN. Dan-k 00:02 GMT April 13, 2004 Reply   
watch that .7690 level for possible short, happened before, not clear now looks strong

CAIRO AG 00:00 GMT April 13, 2004 Reply   
LAX-LGB// Thanks... am not disagreiing with u here mate... BUT: a good entry with a sl should protect ur equity and adds u some pips TILL WE SEE WHERE WILL THAT MARKET TAKE US !!!

Market now is standing on critical lines and points, and pending on either the close of this week or the following one, things will be more clearer than it is right now, again IMHO...GL & GT

 




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