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Forex Forum Archive for 04/14/2004

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Melbourne Qindex 23:41 GMT April 14, 2004 Reply   
EUR/USD : The market has realised the expectation of closing higher in the New York session yesterday from a point of time cycle. The odds are good that it will resume its downward trending movement for a few more sessions.

pj amc 23:38 GMT April 14, 2004 Reply   
any opinions here on aud/jpy? I am thinking of shorting but would like some feedback? thanks

hk ab nzd 0.6 23:33 GMT April 14, 2004 Reply   
bc// Good morning! I always learn a lot from your valuable posting! Life long GT!

Spotforex NY 23:29 GMT April 14, 2004 Reply   
you have been '4' warned.....

shanghai bc 23:20 GMT April 14, 2004 Reply   

AB -- On commodities cycle and forex implications..I guess I started shouting about China's move to slow down commodities runaway market in China last november..Then,it takes some 6-8 months for the market to get the mesaage and behave as they should..China must crack down this commodity mania before it crashes into a hard landing..And rate hikes cycle is the best weapon available so far..Given China's consumption of some 30% share in most basic commodities in the world,its cb forced slowdown will have a direct effect in world commodities market for sometime to come..And to make the things more interesting,this is the year with ominous number"4"..Chinese,Koreans and Japanese will all know what it means and it was in 1994 where China hiked rates hard and entered several years of "cleaning-up" operation,a winter for speculators..To make the things more interesting this number"4" is the year where 10 year cycle's floor lies in US economic cycles..I am still trying to figure out which currency will be the most popular/unpopular in this year of "4", a year of potential financial meltdown and chaos worldwide..The real show of year of number'4" has not even started yet as far as I am concerned..Good luck..

Eilat Dolphin 23:16 GMT April 14, 2004 Reply   
gold/ makes sense, by my charts!

la gold 23:03 GMT April 14, 2004 Reply   
hi, just sold 1m. euro/yen @1.2979.
stop above the figure. t/p 1.2860

Shg 22:55 GMT April 14, 2004 Reply   
Aussie Rates To Rise Midyear - CBA

Quito Valdez 22:50 GMT April 14, 2004 Reply   
MEX sjs// you have trading email

mex sjs 22:32 GMT April 14, 2004 Reply   
just longed usdchf here at 1.3000 stop= 1.2960 tgt1=1.3060-80 area....gl & gt

shg 22:14 GMT April 14, 2004 Reply   
RBA Retains Tightening Bias

Shg 22:13 GMT April 14, 2004 Reply   
RBA's Macfarlane overnight indicates central bank wants to see a further deceleration in growth in credit to housing and more evidence that the world economic recovery is durable. Stephen Walters, economist at JP Morgan, says speech confirms RBA retains a tightening bias and RBA will hike again if credit to housing shows signs of rebounding
AP.

Ldln 21:51 GMT April 14, 2004 Reply   
Bush's Deficit Plans Prompt IMF Warning
WSJE

Bandung Dewan 21:25 GMT April 14, 2004 Reply   
gbp/usd going to 1.7680, level sell at 1.7925, s/l at 1.7944. eur/usd going to 1.1858, good level sell at 1.1980. s/l at 1.2005. gl/gt

Quito Valdez 21:12 GMT April 14, 2004 Reply   
Italian hostage murdered:
http://www.sky.com/skynews/article/0,,30000-1131385,00.html

GVI john 21:03 GMT April 14, 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/$ 1.1970…$/yen 108.65
DJIA 10,378, -3 pts…NASDAQ 2,025, -5 pts
10-yr 4.37%, +3 bp’s
PERSONAL OPINIONS:
For a broad range of opening levels click on “GVI’s Market Tracker”:
CLICK HERE

Text only on GVI..

Shg 20:41 GMT April 14, 2004 Reply   
$A could still return to US80c
http://www.smh.com.au/articles/2004/04/14/1081838787674.html

Van jv 20:18 GMT April 14, 2004 Reply   
Wash DC Tempus 19:26///forgive me , "we are yargeting.."...who is we and FIY? so you predict the recent move not being a correction but trend change?

Global-View 20:15 GMT April 14, 2004 Reply   
Tallinn. If you want that kind of stimulus, there are plenty of chat sites you can visit. While in our home, we ask to play by our rules, which are few but they work well to keep this a market and trading oriented site.

clon glenn 20:08 GMT April 14, 2004 Reply   

I agree viies, but as the guys are providing the FF free of charge we have to play by the rules...shame though

Tallinn viies 19:54 GMT April 14, 2004 Reply   
Global-View 19:53 - why this site got to be boring? some fun between highs and lows is not too much asked

Global-View 19:53 GMT April 14, 2004 Reply   
Please keep the flow market oriented. TIA (we will be removing some posts that strayed too far off course)

Wash DC Tempus 19:26 GMT April 14, 2004 Reply   
One just has to love the short squeeze at the end of NY trading. Think that overall the US$ is very well bid.....
We target 1.1500 at the end of June. Market is setting itself up for a major correction. We believe Fed hikes rates in June to censored bubble ahead of full scale US election cycle.

Think news about China building FX reserves is very interesting. If one believes that the majority of euro has been already purchased in these reserve allocations, then euro can only go down.....

Will certainly be an interesting few months but we strongly favor a US$ rebound.....

As an interesting side note, I wonder if Citi and UB** are eating crow over the US$ yen recommendations today.
As an FYI we are targeting 112.00 for end June



NYC YIPPEE 19:25 GMT April 14, 2004 Reply   
FWIW Sold USDJPY at 80 Stop 109.33 looking for 106.30

Barcelona JP 18:51 GMT April 14, 2004 Reply   
dc fxq 17:58 GMT April 14, 2004
Quito Valdez 17:51 GM

EURUSD is basically trading off EURGBP and EURJPY strength rather than on fundamentals relative to EZ data or USD strength. It has had a strong tendency to attract speculative longs when its crosses are rallying regardless of what USD may be doing

DC fxq:

Why EURGBP and EURJPY have gone up?

Gen dk 18:44 GMT April 14, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Nottingham 18:24 GMT April 14, 2004 Reply   
beijing road...mersenne prime are some sort of variation on prime numbers that have certain properties...I've just done a quick search on google and there plenty of links there about the mathematical theory...I think the idea is that you use the smaller numbers as periods for your moving averages and the larger numbers as trading bands, thus when your o/b o/s levels clash with tops/bottoms of these major bands you get your confirmed signals...as I say I hear a lot of rubbish and haven't look into how successful it can be but it sounds daft enough to work

Nottingham 18:18 GMT April 14, 2004 Reply   
beijing road...for some of the more volatile crosses I have a slight multiplier effect from my news based exuberance indicator (10% of value of exuberance) which is why you can't replicate my primary levels exactly using standard indicators (for some like usdcad it's not necessary hence I'm sure you got the cad levels to match up. Check archive as I posted them earlier)...the secondary levels draw heavily on this exuberance indicator so the levels are a bit more erratic but importantly real-time/current, so in effect infintely more useful than any moving average based calculations alone

beijing road 18:16 GMT April 14, 2004 Reply   
Nottingham 18:03 GMT April 14, 2004
Quito Valdez 17:55 GMT

Think you mixed me up with somebody else!

beijing road>>>what you have just stated is way of calculating conventional o/b o/s...it works best with usdcad...for primary eurjpy you need to use shorter or exponential averages...as I say yen is not ideal for this system imo but if you find something that works for you great! To start you off I heard some sort of combinations of mersenne prime numbers works but I haven't looked into it...gl gt

Thanks, sir. What you mean by"mersenne prime numbers "plz?

Quito Valdez 18:12 GMT April 14, 2004 Reply   
Barcelona and dc//
Thanx...now it makes more sence. Good lessons for new comers. Am posting theory ?'s due to lag in trading posts.

Quito Valdez 18:07 GMT April 14, 2004 Reply   
Right...thanx Livingston! 2 hrs sleep isn't good for old men such as I.

Nottingham 18:03 GMT April 14, 2004 Reply   
Quito Valdez 17:55 GMT

Think you mixed me up with somebody else!

beijing road>>>what you have just stated is way of calculating conventional o/b o/s...it works best with usdcad...for primary eurjpy you need to use shorter or exponential averages...as I say yen is not ideal for this system imo but if you find something that works for you great! To start you off I heard some sort of combinations of mersenne prime numbers works but I haven't looked into it...gl gt

Barcelona JP 17:59 GMT April 14, 2004 Reply   
Anyway, I trade what I see. I do not care about fundamentals. Sorry.

dc fxq 17:58 GMT April 14, 2004 Reply   
Quito Valdez 17:51 GM

EURUSD is basically trading off EURGBP and EURJPY strength rather than on fundamentals relative to EZ data or USD strength. It has had a strong tendency to attract speculative longs when its crosses are rallying regardless of what USD may be doing.

Barcelona JP 17:56 GMT April 14, 2004 Reply   
Quito Valdez 17:51 GMT April 14, 2004

Look at Cable. Euro is being held. Now it is 30 pips above where it was before data. And Cable is 70 pips below.
UK economy is stronger than EZ one. So....?

beijing road 17:55 GMT April 14, 2004 Reply   
Nottingham: I tried to use your fomula (if my understanding is correct) to project the o/b level, 10 sma (daily close at yesterday) *1.02% =130.50,but the value 130.50 is far from yours 131, anything wrong with my calculation? Your help is appreciated!

Quito Valdez 17:55 GMT April 14, 2004 Reply   
Nottingham//noted your post about August pricing in Fed rate hike. Thanx for that., useful for all.

Barcelona JP 17:51 GMT April 14, 2004 Reply   
Hi, friends!!!!

How are you doing?

Quito Valdez 17:51 GMT April 14, 2004 Reply   

Chigago Irish// or anyone who cares to comment:

With all the positive data from the USA econ and the Fed rate hike(s?) that are assumed to happen sooner-ish, why isn't the dollar even stronger in the eur/usd pair or is this just a slower process than I figured? Especially with so-so econ in Euroland. I realize the usd came a long way over the past couple weeks on a bumby road (to delight of my pips) but it seems it should now get stronger still, fulfilling Bush and Greenie's statement "we wanna stronger dollar". Am I off base here or just impatient or is the market just not responding "correctly"?

note my post in help forum re: skammers and schemers & skimmers.

~~~~~~~<><<>><>~~~~~~~

Nottingham 17:47 GMT April 14, 2004 Reply   
beijing road 17:38 GMT

not for a while on that pair, even primary will have 131 handle for today...fwiw I avoid yen and its crosses as far as overextensions are concerned given the levels of manipulation or at least manipulation comes at critical moments rendering techs useless...gl gt

beijing road 17:38 GMT April 14, 2004 Reply   
Nottingham: any o/b for eur/jpy pls? Thanks.

vancouver jpb 17:19 GMT April 14, 2004 Reply   
BE ON YOUR GUARD, GENTLEMEN.

I feel that the deadly viper assassination squad might be around the next corner.

Sharpen your swords.

Quito Valdez 17:08 GMT April 14, 2004 Reply   
But Raven & Jay, it was so fun to roast that guy! A trip.

Livingston nh 17:08 GMT April 14, 2004 Reply   
Markets are not pricing in a rate hike by Fed until August - Friday's Capacity Utilization (Ind prod) might exceed 79 -- the Fed says this is a figure it is watching (it is a Fed Produced figure) -- the figure is heavily influenced by BLS employment stats so a much earlier move by the Fed is now 80%

EU ZORRO 16:49 GMT April 14, 2004 Reply   
Hi Van jv....

....I'm acumulating Cheap EUROS below 1,20....

Van jv 16:43 GMT April 14, 2004 Reply   
Wellcome EU ZORRO ..New EUR Buying?

NYC YIPPEE 16:42 GMT April 14, 2004 Reply   
la S.O 16:20 GMT April 14, 2004


PLEEZE... SIGN ME UP !!!!!!!!

Chicago Irish 16:42 GMT April 14, 2004 Reply   
L.A. SO.......I thought I recognised you

EU ZORRO 16:38 GMT April 14, 2004 Reply   
saloniko 2004 nk....are you around??

Quito Valdez 16:37 GMT April 14, 2004 Reply   
the guy should contact Mr. Abdala Buccaram, ousted ex pres. of Ecuador who lives comfortably in his penthouse in Panama now..his brother caught at Peruvian border with a pickup bed full of cash..Abdala got away with his tho..and won't give it back. Of course.

vancouver jpb 16:37 GMT April 14, 2004 Reply   
Valdez... Z4, huh. Fun car my buddy just bought one. the 3.0.

But if your going to be hauling loot, you'll need a bigger trunk.

pd cumino 16:34 GMT April 14, 2004 Reply   
la S.O 16:20 GMT April 14, 2004
Oh so poor gains! In my country (very experts in those kind of things) you can find thousand people who "guarantee" 10 times your gains... And if you have good money even 100 times...

Spotforex NY 16:31 GMT April 14, 2004 Reply   
samuelojineka


you have to adjust your name to sCamuel

Quito Valdez 16:28 GMT April 14, 2004 Reply   
Now, don't give him ur $$, give it to ME for my new BMW Roadster to haul the loot! lofl

sam SEC 16:27 GMT April 14, 2004 Reply   
Contact me with that great offer.

Quito Valdez 16:26 GMT April 14, 2004 Reply   
To motivate new comers savvy geoeconomical events/interactions, helps them make OWN decisions..practicing...instead of simply copying other's decisions: latest USD news:
http://www.forbes.com/newswire/2004/04/14/rtr1331816.html
..1 of many freebies U get via email.

LA Mel 16:24 GMT April 14, 2004 Reply   
so, i hope you dont venture down here to orange county for your sake. stupid bastard...

Quito Valdez 16:15 GMT April 14, 2004 Reply   
Reuters, 04.14.04, 6:37 AM ET:

"Tuesday's data, coming on the back of a surprisingly strong employment report at the start of April, bolstered market suspicions that U.S. borrowing costs are set for a hike..."

"I think the euro could head down towards $1.17, possibly even lower in the next few weeks..."

"Futures markets now see a good chance of a quarter-point hike by August."

"China's central bank said foreign exchange reserves climbed to a record $439.8 billion at the end of March, up 39.2 percent from a year earlier....speculation of a revaluation of the yuan."

Van jv 16:15 GMT April 14, 2004 Reply   
Miami OMIL ... 16:07
Thanks....Still believe it may not take the support and move now to 1.22 before....,.

Stockholm za 16:13 GMT April 14, 2004 Reply   

Quito Valdez ........ 49½ - 49½............. lol

Miami OMIL (/;-> 16:07 GMT April 14, 2004 Reply   
Positive divergence found in the intraday charts for eur/usd as it has graced my dump all shorts number of 1.1860 now rough fib are around 1.1955-60, 1.1985-90 and 1.2010-15 with resistance moving around 1.1980-90 and 1.2060-70 area for now. I still favor a bigger bounce before it can take out the support IMHO. GL GT

Bandung Zink 16:04 GMT April 14, 2004 Reply   
Thanks a lot Qindex, I made 100 pips profit today

hong kong nt 16:04 GMT April 14, 2004 Reply   
AB -- possible to see 100-150 piprs rebound from .7300 line...

hk ab nzd 0.6 15:58 GMT April 14, 2004 Reply   
nt// some c9 in US might still saving the aud and nzd.
reversal will be postponed in that case.

Quito Valdez 15:57 GMT April 14, 2004 Reply   
Where's the 1.17 eur/usd everyone was talking about a few days ago before a supposed big hike to 1.22? I see there's as many bulls as bears in this forum..50-50

Stockholm za 15:52 GMT April 14, 2004 Reply   

DPUD @682

nyc jk 15:51 GMT April 14, 2004 Reply   
don't worry Martin, I think I already know the answers......

Gold Coast martin 15:50 GMT April 14, 2004 Reply   
NYC..too tired to answer your observations friend....just want to conserve energy for trading.....

Bandung Dewan 15:49 GMT April 14, 2004 Reply   
USD still strong, tommorow gbp/usd would touch 1.76xx in my view. Careful&GL.

hk ab nzd 0.6 15:49 GMT April 14, 2004 Reply   
nt// then, I think aud has one to half leg left to the downside then.

nyc jk 15:47 GMT April 14, 2004 Reply   
martin how can you honestly think you closed at 6225 when it hasnt been anywhere near there today and you actually closed at 6302?? and assuming that is true, why is that a costly mistake when NZD is at .6325/30 now ? looks like a good buy to me if that is the case. what do you mean you expect a retracement in the next couple of days back to 6325 when it is already there right now? why do you tell people to go back to trading when they are just pointing out the obvious - that you are claiming to have sold 100 pips over the high and bought 75 pips below the low

Gold Coast martin 15:42 GMT April 14, 2004 Reply   
FELLOWS...my point is that 4 weeks ago i posted that the nzd will get to 62 range in tandem with the aud down to 7150...whether it was 67 or 68 it does not matter..it still equated to profit......anyway get back to trading....

hong kong nt 15:41 GMT April 14, 2004 Reply   
AB -- c9 stopped bleeding...

london phil 15:31 GMT April 14, 2004 Reply   
dont beat your self up over it martin the fairys gave you 100 pips back when you enterered at 68 3 weeks ago 100 pips above the high wouldnt mind some of that dust myself

Houston ST 15:30 GMT April 14, 2004 Reply   
thx London. thoughts please on continued love affair w/ USD in JPY, CHF & EUR. tia

london phil 15:29 GMT April 14, 2004 Reply   
gold keeping its head above the 400 level 401-401.7 now

Gold Coast martin 15:28 GMT April 14, 2004 Reply   
THANKS FOR ALERTING ME FELLOWS ...i honestly thought i closed at 6225 and achieved my terget...insted i closed at 6302 by mistake....costly mistake that is never to be repeated......for the record ..i intended to close at 6225 and re-enter at 6225..looking for short -term retracement to 6325 within 2 sessions...

Houston ST 15:26 GMT April 14, 2004 Reply   
btw, massive build in crude inventories; crude getting hammered again today. anyone know what gold is doing? tia

Houston ST 15:25 GMT April 14, 2004 Reply   
morning all. my LAN was down for 3 hours and I missed all the fireworks. EUR/USD seems to be holding it's head up; not much followthru w/ USD/CHF. watching & waiting. gl/gt today.

Livingston nh 15:19 GMT April 14, 2004 Reply   
Cable looks to break 1.7850 and is lagging the downmove in EUR on the charts (MACD and MAs) -- 1.7750 could be a stopping point w/ a bounce back to 21 dma next few days BUT just as in EUR there are not a lot of short term supports // talk should start to focus on EU expansion and may be supportive of both EUR and GBP (short term)

Gold Coast martin 15:18 GMT April 14, 2004 Reply   
LONDON phil....sorry typo error.....trading and posting at 1.30 in the morning is not much fun...

ham cla 15:18 GMT April 14, 2004 Reply   
EUR/CHF: big swiss guy sells good amount around the fig. not much impact though. have a great w/e all!!

hk ooozmeeh 15:15 GMT April 14, 2004 Reply   
from DJ...loud explosion heard in Baghdad...

hk ab nzd 0.6 15:14 GMT April 14, 2004 Reply   
you got .6225 today? I wonder.

london phil 15:14 GMT April 14, 2004 Reply   
martin low for the day was .6302

hk ooozmeeh 15:14 GMT April 14, 2004 Reply   

Nottingham 15:11 GMT April 14, 2004 Reply   
london cam 15:04 GMT

not expecting size shorts in cable here although they may be tried on a new low with hope for followthru and closed if none...otherwise I think people are just sitting back and taking a break...personally I have one overextension still in play and that's the secondary o/s aussie long...gl gt

Gold Coast martin 15:11 GMT April 14, 2004 Reply   
HK...ab...closed my position that i had open from 3 weeks ago on the nzd.....in other words i cashed in....

hk ab nzd 0.6 15:09 GMT April 14, 2004 Reply   
martin, what do ya mean "closed 6225"? Thanks.

melbourne farmacia 15:09 GMT April 14, 2004 Reply   
QC WC 13:42 GMT April 14, 2004
Sorry mate .. missed your question. Odds suggest 1.7809 next as 1.7878 printed. So far current swing capped by 1.7920.. Anything above that level should see 1.7955 again as selling opp's if indicators support. Cable's had good run last few hours so pull back possible.
PS - wouldn't short under 1.7878 at this stage.

ln 15:07 GMT April 14, 2004 Reply   
london cam 15:04 GMT. think everyone has stop there. have cut my poss looking to reenter at 1.7975/80. still holding a 1.77 put that went deep otm but is now looking fair game for itm.

london phil 15:04 GMT April 14, 2004 Reply   
you would have done well to get 68 3 weeks ago 67 maybe then you topped perfectly

london cam 15:04 GMT April 14, 2004 Reply   
Nottingham - not considering new cable shorts. I was wondering when to take profit on my earlier short. Now have a trailing stop @ 1.7924 but depending on how it pans out I may change it
GL GT

Gold Coast martin 15:04 GMT April 14, 2004 Reply   
HK..nicole...my best advice is to go back to earlier posts of taday and look at DR QUINDEXs aud/usd daily cycle....it shows the resistance levels.....my next major resistance level before 7150 is 7265 just for the record...g/l g/t

ham cla 15:00 GMT April 14, 2004 Reply   
EUR/USD: ny name on the offer at 1.1928/30.

Gold Coast martin 15:00 GMT April 14, 2004 Reply   
CLOSED...nzd/usd position at 6225 from position of 68 of 3 weeks ago....one down one to go....

Va Raven 15:00 GMT April 14, 2004 Reply   
Thanks amc, believe everyone on the forum shorted the poor cable today...... So I guess anyone not on the forum is on the wrong side of the trade today, we should thank them by all means.

HK Nicole 14:58 GMT April 14, 2004 Reply   
Martin, what's the next technical level for aud to break before heading to 0.7150? TIA, GT

ny amc 14:56 GMT April 14, 2004 Reply   
Raven...........great call on gbp/usd

HK Kevin 14:55 GMT April 14, 2004 Reply   
Hk nt, I am also short USD/JPY at 108.46, t/p 107.88, s/l above today's high.

Baz JW 14:53 GMT April 14, 2004 Reply   
Gold Coast martin 14:50 GMT Thanks so much - am really enjoying this ride. :-) GT

Gold Coast martin 14:50 GMT April 14, 2004 Reply   
BAZ...jw....as posted on previous occasions my aud short target is 7150...g/l

Nottingham 14:50 GMT April 14, 2004 Reply   
btw london, that primary has already been seen and target has been done (targets tend to be 0.25%)...still very rarely does cable close below the primary and even then it was never by much so opening new short positions at current levels not favoured...gl gt

london cam 14:48 GMT April 14, 2004 Reply   
Nottingham, I missed your earlier post. Many thanks
GL GT

hk ab nzd 0.6 14:47 GMT April 14, 2004 Reply   
nt// what's the current aud and nzd c9 index? urgent THANKS!

Baz JW 14:47 GMT April 14, 2004 Reply   
Gold Coast martin Please could you tell me what your target on short aus is? TIA GL GT

Van jv 14:45 GMT April 14, 2004 Reply   
Nottingham///thanks for all your comments///expect min EUR bounce to 1.22 before retest ////silver may go through more liquidation to 650 ST but that should be it /makes sense??

Nottingham 14:45 GMT April 14, 2004 Reply   
london cam 14:41 GMT

Nottingham 13:13 GMT April 14, 2004
cable...has made full retracement...primary o/s 1.7871 seconadry 1.7794....secondary o/s has not been reached this year so far...primary has been seen on 4 occasions...gl gt

london cam 14:41 GMT April 14, 2004 Reply   
Nottingham 13:40 GMT April 14, 2004
Hi Nottingham, is your 1st primary o/s level on cable 1.7900? I'm short cable from 1.8065 TIA
GL GT

Ldn 14:40 GMT April 14, 2004 Reply   
EUR DATA PREVIEW: due Apr 20 - Germany Apr ZEW survey seen posting 4th consecutive decline

hk ab nzd 0.6 14:36 GMT April 14, 2004 Reply   
nt// watch out for the short term blast of eur/jpy to bring dlr jpy up, trapped once today

Nottingham 14:35 GMT April 14, 2004 Reply   
usdcad...retreated from conventionally o/b levels but bulls safe unless 3440/20 zone given up, in which case don't bet against a close at the 200 day sma...gl gt

hong kong nt 14:33 GMT April 14, 2004 Reply   
AB -- short usd/jpy at 55...

hk ab nzd 0.6 14:30 GMT April 14, 2004 Reply   
bc// get it.....the meaning in the passage.

Nottingham 14:28 GMT April 14, 2004 Reply   
re silver...we got within a whisker of the 6.80 I posted yesterday...there is a real chance that this level marks the bottom for some days at least...gl gt

Nottingham 14:25 GMT April 14, 2004 Reply   
hk ab...6661-6667 key zone

shanghai bc 14:24 GMT April 14, 2004 Reply   

AB 13:43 -- Market is doing reality check on Euro and others..Personally,I think every pip in Eur/Usd 1.20-1.15 region is a good value for some time down the road..It does not take much effort to move the market in one direction or another some 500 pips or more but it is not easy to buy or sell as much as you like while doing so unless there is enough liquidity at a given time..Today is one of those fantastic days for that purpose..Good trades..

hk ab nzd 0.6 14:23 GMT April 14, 2004 Reply   
martin// I have another view on aud.
If .7225 prints b4 NY close, aud has some potential to mark a m/t bottom there.
if it goes there later and slower, things will be different.

someone is sitting hard on the censored aud/nzd 1.16 line.

Nottingham 14:23 GMT April 14, 2004 Reply   
fwiw it can be counted on one hand the number of times that cable has closed below my primary o/s in the past ten years...and even then less than half a figure...gl gt

hk ab nzd 0.6 14:21 GMT April 14, 2004 Reply   
eur/gbp interesting .6666.......

Van jv 14:17 GMT April 14, 2004 Reply   
This 1.1900 support zone looks to me like CB' net

Nottingham 14:17 GMT April 14, 2004 Reply   
euraud...some resistance at 1.6265...my primary o/b 1.6315 secondary o/b at 1.6398...gl gt

Quito Valdez 14:14 GMT April 14, 2004 Reply   
Gold Coast: it's USD/MJ

Quito Valdez 14:12 GMT April 14, 2004 Reply   
Gold Coast// LOL
Mex sjs...wanna answer that one? :| charlamos

Gold Coast martin 14:08 GMT April 14, 2004 Reply   
QUITO..just out of curiosity...what is that commodity that you smoke in ecuador....may need some to stay up and keep trading....

Quito Valdez 14:05 GMT April 14, 2004 Reply   
Madras said "traded" rather than bid fwiw...eur/usd c'ncy on steroids this AM!

Quito Valdez 14:05 GMT April 14, 2004 Reply   
Madras said "traded" rather than bid fwiw...eur/usd c'ncy on steroids this AM!

Madras KR 14:05 GMT April 14, 2004 Reply   
Tks a lot frds.

Nottingham 14:05 GMT April 14, 2004 Reply   
euraud...sprung earlier mentioned pivotal zone, now at next, 1.6215/20...gl gt

Gold Coast martin 14:04 GMT April 14, 2004 Reply   
SYDNEY...fg....we still have a lot of water to crosss but we will get there...hope you have joined the profitable ride....g/l g/t

Ldn Cashman 14:01 GMT April 14, 2004 Reply   
Madras, 1.1865 dealt on EBS.

LA ARTOFYEN 14:00 GMT April 14, 2004 Reply   
You sure 1.1867 bid was the low? I heard someone was bidding 1.1530 behind so let me double check with my broker!!

ham cla 14:00 GMT April 14, 2004 Reply   
madras: 1.1867 on ebs

Plovdiv Gotin 13:57 GMT April 14, 2004 Reply   
Madras/1.1867 bid.

Plovdiv Gotin 13:57 GMT April 14, 2004 Reply   
Madras/1.1867 bid.

Quito Valdez 13:54 GMT April 14, 2004 Reply   
Madris// 1.868 on my FX t r e c k chart

hk ab nzd 0.6 13:50 GMT April 14, 2004 Reply   
nt// two special channel bottoms from my daily on nzd
.6258 and .6049

GA TJ 13:48 GMT April 14, 2004 Reply   
Ah crap. Stopped at B/E on Swissy and Euro. Talking about picking the wrong pairs to trade. They will break at some point and I will be ready unless it happens at 2 in the morning.

Thanks for the help ML!! BTW have you come up with any ideas? Will have time to work on it this weekend.

hk ab nzd 0.6 13:47 GMT April 14, 2004 Reply   
nt// noted since 3 hrs ago .6305
but judging from cad and eur, that nzd can simply react similarly.

btw, I am sorry that I didn't reply your mms 'cos I don't know how to use my phone mms ;P.

Madras KR 13:46 GMT April 14, 2004 Reply   
Hi frds. Can anyone tell me the traded low in EURUSD Pl?TIA

hong kong nt 13:44 GMT April 14, 2004 Reply   
AB -- a night of profit taking by usd bulls, nzd close to 200-day ma, worth a look...

)toronto( Dr Unken Kat 13:44 GMT April 14, 2004 Reply   
bonds yield the record high!

hk ab nzd 0.6 13:43 GMT April 14, 2004 Reply   
bc// do u think eur/ is now in a downside trendy mkt s/t?

QC WC 13:42 GMT April 14, 2004 Reply   
Farmacia, what do you reckon GBP heading now that its above 1.7878?

Nottingham 13:40 GMT April 14, 2004 Reply   
target for o/s 1 on cable done
target for conventional o/b usdcad done also

Stockholm za 13:38 GMT April 14, 2004 Reply   
fwiw........EUR/USD
May & jun doubble top Taken.......
Oct doubble top Spike..........
Ema 377 = pull
ema 55 & 144 crossing
~1,1860 bullish value line defending
~1,1720 value line on KEY
Happy trades...............

Nottingham 13:31 GMT April 14, 2004 Reply   
eurgbp...struggling ahead of last week's high...a breach of that would bring an outside reversal week into focus although the pair should meet good resistance at 6667 and I would be surprised if market closed above there today...gl gt

ICT ML 13:30 GMT April 14, 2004 Reply   
TJ...Haha....spent the last 2 days bitchin' about not getting filled on eur-gbp short orders at .6580-.6600...am glad I pulled them last night for sure! Maybe I sell again around .6700 if seen.

jeddah elmeer 13:29 GMT April 14, 2004 Reply   
Sterling lost 300+ pips and EUR a mere 100...

and GBP/CHF around -400

hk ab nzd 0.6 13:29 GMT April 14, 2004 Reply   
yup, credits to martin should not be missed.

GA TJ 13:28 GMT April 14, 2004 Reply   
ML how about doing me a favor and take all the money from your Cable trades and short the crap out of EURGBP. My EURO and Swissy trades could use the help. Thanks. I owe you one.

sydney fg 13:25 GMT April 14, 2004 Reply   
andras: usdchf and eurgbp.

martin, don't want to put the mozz on you, but that aud call of yours looking good. balls of steal!

Malaga boqueron 13:25 GMT April 14, 2004 Reply   
van Gecko, re EU and it's crosses. Agree EU looking good today on the crosses, but key is what sort of bounce will it be. On a little further out horizon, things don't look as good for EU.

UAE Oil man 13:22 GMT April 14, 2004 Reply   
Don't think so Ab, just the GBP$ doing a little famous olympic dive, so eurogbp getting a little face lift..howerver euro$&$CHF will follow.

nyc jk 13:22 GMT April 14, 2004 Reply   
ab - off the dailies, going back to jan 2002 downtrend line on the USD/CHF comes in around 1.3050/70 area (depending on how sharp your pencil is!)...seems needs to get over the to really participate in the $ party...

NYC YIPPEE 13:22 GMT April 14, 2004 Reply   
DUH ??? EURGBP ???

Pecs Andras 13:20 GMT April 14, 2004 Reply   
Sterling lost 300+ pips and EUR a mere 100
Anybody knows why this huge difference?

hk ab nzd 0.6 13:19 GMT April 14, 2004 Reply   
chf is still reluctant to go up.... any implication....

nyc jk 13:18 GMT April 14, 2004 Reply   
lol Gecko, I don't know if it applies to the EUR right now or not, but you just jogged my memory with your elephant analogy! gl

van Gecko 13:16 GMT April 14, 2004 Reply   
ny jk.. haha.. sorry mate, must confess i had never hear of it.. may be its some piker Balongi stories got wacked by the tales of elephants to me..

Isle of WIght DHE 13:15 GMT April 14, 2004 Reply   
cable looks like jumping into a large abyss - anyone have any reasonable targets tia have fun all...

UAE Oil man 13:15 GMT April 14, 2004 Reply   
GA TJ 13:03 GMT April 14, 2004

Ah ...It s a weekly signal for me...so target won't be seen for quite some time..

LONDON savage 13:14 GMT April 14, 2004 Reply   
tHANK YOU NOTTINGHAM

Nottingham 13:13 GMT April 14, 2004 Reply   
cable...has made full retracement...primary o/s 1.7871 seconadry 1.7794....secondary o/s has not been reached this year so far...primary has been seen on 4 occasions...gl gt

Ldn 13:13 GMT April 14, 2004 Reply   
Intraday oversold levels on Aud any view on that ??

ICT ML 13:11 GMT April 14, 2004 Reply   
CAble testing the range bottom now....looks like it breaks today IMHO

Nottingham 13:10 GMT April 14, 2004 Reply   
usdcad...conventionally o/b at 1.3495...options related stops above 1.35 may see primary o/b of 1.3557 reached...secondary at 1.3599...gl gt

Barcelona Tony 13:10 GMT April 14, 2004 Reply   
now you'll all remember when I said I had aud target below 0.7 ... just watch the $ boom and enjoy ... targets on ym long term trades are going to be wider since I want more pips this time .. been waiting so long for them, won't cut positions easily ...

hk ab nzd 0.6 13:09 GMT April 14, 2004 Reply   
Revdax, gecko// mkt has made up their minds and shown on dlrcad now.

I admit the strength of eur crosses is a factor which restrict me to short the little eur.
but a long limit should be withdrawn.

nyc jk 13:06 GMT April 14, 2004 Reply   
Van Gecko - you ever hear of the book "LoBagola: An African Savage's Own Story" ? be careful of following in the paths of elephants, LaBagola observed that if they passed one way on a roll, trampling everthing in sight, they will surely return on the same path at some point........don't get caught standing in the path.

hk revdax 13:05 GMT April 14, 2004 Reply   
NYC FXDH 12:59 //And a hourly RSI divergency has surfaced in Euro too...

hk revdax 13:04 GMT April 14, 2004 Reply   
NYC FXDH 12:59 //This is the first time for the past 2 days that a clear hourly RSI has shown up. So where do you think $/CHF will go?

hong kong nt 13:03 GMT April 14, 2004 Reply   
USD/CHF -- 1.3050, below, profit taking pressure increase...

GA TJ 13:03 GMT April 14, 2004 Reply   
UAE Oil man

My system got me long USDHF about 5 min before the CPI number at 1.3000. That was a leap of faith. But it is all for not if 1.3050 won't give way. Stop at B/E. I give this thing a 50/50 chance of paying off.

LONDON savage 13:01 GMT April 14, 2004 Reply   
Notttingaham Any idea where cad is heading i bought at 1.3421

Gold Coast martin 13:00 GMT April 14, 2004 Reply   
LDN...received info jap central bank to buy cable instead of euro to diversify their reserves....it confirms statements made by jap finance minister a few days ago saying that the central bank may need to look and diversify their reserves apart from the USD....could be cable positive in the next 2 days....i dont trade cable so i thought this info would be beneficial to traders that trade cable.....g/l g/t

Tallinn viies 13:00 GMT April 14, 2004 Reply   
guys, where you see stop levels?
1,1850 rumoured options strike?

NYC FXDH 12:59 GMT April 14, 2004 Reply   
any $cdn thoughts ?

UAE Oil man 12:58 GMT April 14, 2004 Reply   
That signal on the $CHF reminds me of the Signals on EURO$ under parity..Very strong and rising signal ...In anycase the system told me to go long so here we are long at 1.3010..

Nottingham 12:56 GMT April 14, 2004 Reply   
aussie...seconadry o/s at 7354...also euraud pivot at 1.6150/55...gl gt

van Gecko 12:56 GMT April 14, 2004 Reply   
Malaga boqueron.. fwiw the EU on virtually all the EUUS lead crosses are in the process of painting long daily Candles after some extened downside periods today.. sustained closes at/near these present levels will bring bring out all sort of faithful Candle following bulls tommorrow..
btw, usd/chf is not in agreement with its cousins 'stron dollar' moves since yesterday..

Ldn Cashman 12:54 GMT April 14, 2004 Reply   
Gold back up to 402. Hmm thats a bit lively

UAE Oil man 12:52 GMT April 14, 2004 Reply   
$CHF =>

1.3010=>1.3080 (a fractal failure if breaks)=>1.3808 Another fractal +average=>1.4210..

cla ham 12:51 GMT April 14, 2004 Reply   
CABLE: swiss bank in ldn is buying cable now

Melbourne Qindex 12:47 GMT April 14, 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* // ...

hk ab nzd 0.6 12:45 GMT April 14, 2004 Reply   
oilman// appreciated.

How's life in m/e?

Melbourne Qindex 12:44 GMT April 14, 2004 Reply   
hk revdax 12:39 GMT - I know a time cycle is coming up today. In a strong trending market one may see a big rise in dollar instead of a pullback. In a range market I would say a retreat is normal. Anyway one have to be very flexible with a time cycle.

UAE Oil man 12:41 GMT April 14, 2004 Reply   
Hello Ab,

When something shows signs of strenght it's a good idea to buy it..and on weakness sell it.

Melbourne Qindex 12:40 GMT April 14, 2004 Reply   
Ina* mr.co'z 12:38 GMT - Thank you.

hk revdax 12:39 GMT April 14, 2004 Reply   
Melbourne Qindex //Is $ going to take a recess today? It is about time...NO?

Malaga boqueron 12:38 GMT April 14, 2004 Reply   
van Gecko, Good to see you too. What worries me about EUUS is the EU on virtually all the crosses.

Ina* mr.co'z 12:38 GMT April 14, 2004 Reply   
Melbourne Qindex 12:12 GMT April 14, 2004
Bandung Zink 10:47 GMT - GBP/USD : It will tackle the barrier at 1.7931 // 1.8009.

good call sir "Q"....good luck !

QC WC 12:38 GMT April 14, 2004 Reply   
Looks like there are buyers for the ugly picture.

dc fxq 12:38 GMT April 14, 2004 Reply   
EURUSD appears to be supported by EURGBP cross

Melbourne Qindex 12:37 GMT April 14, 2004 Reply   
Spot Gold : 398.8 / 399.4

IL Neo 12:36 GMT April 14, 2004 Reply   
we are targeting 1850 at least... hand in there.

hong kong nt 12:36 GMT April 14, 2004 Reply   
BC -- thanks for your advice on gold. good trades...

melbourne farmacia 12:36 GMT April 14, 2004 Reply   
WC - maybe on friday, watching 1.7920 - 1.7878 for clues. GT

Melbourne Qindex 12:33 GMT April 14, 2004 Reply   
AUD/USD : Technical points are located at 0.7303 - 0.7329 - 0.7387.

NYC FXDH 12:33 GMT April 14, 2004 Reply   
x food +eng.+.4

NYC FXDH 12:32 GMT April 14, 2004 Reply   
cpi+.5...trade42.1

Melbourne Qindex 12:31 GMT April 14, 2004 Reply   
Melbourne Qindex 02:29 GMT April 14, 2004
EUR/USD : The bias is on the downside since the market is trading below 1.1954. The odds are good that the market will penetrate through 1.1900.

Melbourne Qindex 02:25 GMT April 14, 2004
EUR/USD : The key quantised level of my current 22-day cycle and 44-day cycle is located at 1.2032 and 1.1672 respectively.

22-Day Cycle Quantised Levels


... // 1.1563* - 1.1642 - 1.1720* - 1.1798 - 1.1876* - 1.1954 - 1.2032* // ...

Melbourne Qindex 02:20 GMT April 14, 2004
EUR/USD : The lower barrier of my daily cycle is expected at 1.1799 // 1.1824 and the upper barrier is positioning at 1.1946 // 1.1971.


... 1.1799 // 1.1824 - 1.1848 - 1.1873 - 1.1897 - 1.1922 - 1.1946 // 1.1971 ... 1.2020 - 1.2044 ...

QC WC 12:30 GMT April 14, 2004 Reply   
Farmacia, are you buying the ugly picture again?

Melbourne Qindex 12:30 GMT April 14, 2004 Reply   
Melbourne Qindex 12:29 GMT April 14, 2004
USD/CHF : The critical point of my daily cycle is located at 1.2979. A projected supporting point is positioning at 1.2838 and a resistant point is expected at 1.3073. The upper barrier of my daily cycle is epxected at 1.3167 // 1.3214.


... // 1.2838 ... 1.2979 .... 1.3073 ... 1.3167 // 1.3214 ...

van Gecko 12:30 GMT April 14, 2004 Reply   
Malaga boqueron.. good to see you.. you might be right.. while sub 1.1900 levels can't be precluded on this down leg.. m/t elephants must do their accumulation by scaling in long marching cargos at various 'value zones' with 'cat & mouse' tactics..

Nottingham 12:28 GMT April 14, 2004 Reply   
Ldn 12:23 GMT

whisper numbers are for greater than 0.5%...so to some degree it is priced in but it would mark the first real jump and thus would we would probably see a similar (if smaller) kneejerk reaction to $ as per March non farms if indeed CPI comes in strong...gl gt

Livingston nh 12:28 GMT April 14, 2004 Reply   
The US trade figures last month showed a decline in both imports and exports with a 50% reduction in the deficit with EU zone - if the US/EU deficit doesn't widen (especially in light of the rise in import prices) the EUR could break sharply below 1.19 // the overall decline in US exports over the last few months (a dangerous trend) should be reversed in today's February trade report - if so, a figure under 40 bio is very likely despite oil and higher price pressure

hk ab nzd 0.6 12:28 GMT April 14, 2004 Reply   
sp// can u invite me? thanks.

melbourne farmacia 12:26 GMT April 14, 2004 Reply   
QC WC - Cable's VERY ugly now. ...gt

hk ab nzd 0.6 12:25 GMT April 14, 2004 Reply   
Oilman, welcome back!

any interest in saving eur temporarily at 1.1850?

Ldn 12:23 GMT April 14, 2004 Reply   
Looks like its been leaked again the CPI and its up

sin hs 12:20 GMT April 14, 2004 Reply   
Thanks Dr. Q

)toronto Dr Unken Kat 12:19 GMT April 14, 2004 Reply   
cable 18000 hehehehe

Melbourne Qindex 12:18 GMT April 14, 2004 Reply   
EUR/USD : A projected resistant level has been established at 1.1954 - 1.1959. The market is still under heavy pressure.

Malaga boqueron 12:18 GMT April 14, 2004 Reply   
van Gecko, re elephant bargain hunters might be a little early. The longer it stays near lo's the greater the odds for the pair to continue down into the end of week. I can see a rally beginning early next week.

Riyad K 12:17 GMT April 14, 2004 Reply   
IL Neo 12:14 GMT April 14, 2004

Thank you.
I'm shorting @ 1900 :(
Good luck

Nottingham 12:14 GMT April 14, 2004 Reply   
aussie...o/s 1 target now done

IL Neo 12:14 GMT April 14, 2004 Reply   
Not likely. You will see a big move starts within 20 min on the eur/usd.

CPI Report is due at 12:30GMT. And I predict that the $ will move up. in other words, get in the game with short positions. .1940++ is an ok entry point.

Read report here 12:30GMT: http://stats.bls.gov/news.release/cpi.toc.htm

UAE Oil man 12:13 GMT April 14, 2004 Reply   
GBP$ could be just starting a nice move..I guess we will see within the next 1-3 session if that's a false break or down to 1.75-1.65-1.60..GL.

Melbourne Qindex 12:12 GMT April 14, 2004 Reply   
Bandung Zink 10:47 GMT - GBP/USD : It will tackle the barrier at 1.7931 // 1.8009.

Melbourne Qindex 12:09 GMT April 14, 2004 Reply   
sin hs 11:52 GMT - USD/JPY : If the market can overcome the projected resistance at 108.01, I would assume it can tackle 112 again in 1-2 weeks.

Melbourne Qindex 01:38 GMT April 13, 2004
USD/JPY : (Weekly Cycle) : A projected supporting level is expected at 104.79 - 104.97 and a projected resistant level is positioning at 107.83 - 108.01.

HK [email protected] 12:06 GMT April 14, 2004 Reply   
Maybe the market will remain sideway untill tomorrow???

van Gecko 12:04 GMT April 14, 2004 Reply   
elephant bargain hunters must be saying "thank you vely much for 1.1900" to the market..
a break above 1.1950 should initiate some level 1 short squeeze.. a half session close above 1.1970 would put 1.2050..1.2150 back in the picture..
the guide dogs are flying & firing on all cylinders today..
The longer this 1.1900 line stays intact, the more doubts will start to set in the mind of momentum bears..
Cheerios..


Nottingham 12:02 GMT April 14, 2004 Reply   
eurgbp...big resistance at 6620/25 which is expected to be pivotal in nature...a close above this zone would point to a rally which would last either at least one week or target 6667-6701, whichever were to occur sooner...gl gt

Vilnius george 12:01 GMT April 14, 2004 Reply   
ham cla 11:55 GMT April 14, 2004

Perhaps I am a stronger buyer , than yours NY name. lol

ham cla 11:55 GMT April 14, 2004 Reply   
EUR/USD: ny name the main seller at 1.1920-25 to current levels.

sin hs 11:52 GMT April 14, 2004 Reply   
Dr. Q, your view on dol/yen is much appreciated. TIA.

Riyad K 11:48 GMT April 14, 2004 Reply   
Hello IL Neo
You mean/excepect that $ will go down?
Thank you.

Sydney2 11:46 GMT April 14, 2004 Reply   
Hi, IL Neo, what time will CPI data be out by GMT? tia

IL Neo 11:40 GMT April 14, 2004 Reply   
The CPI report is due in an hour. Very exciting...

The feel is, it will get the dollar a 60 pip rally. eur/usd Currently stands at .1922. Support seen at +- .1860

good luck today :-)

GVI john 11:31 GMT April 14, 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/$ 1.1915…$/yen 107.85
DJIA -17 pts… 10-yr 4.34%, 0 bp
PERSONAL OPINIONS:
For a broad range of opening levels click on GVI’s “Market Tracker”:
CLICK HERE
for text see GVI...

sydney fg 11:19 GMT April 14, 2004 Reply   
ham cla: same guys again?

NYC FXDH 11:17 GMT April 14, 2004 Reply   
At leasr it got the market moving

hk ab nzd 0.6 11:15 GMT April 14, 2004 Reply   
hit.....too bad.

hk ab nzd 0.6 11:11 GMT April 14, 2004 Reply   
nt
I hope that u didn't get my message
I was busy in talking wiht someone and moved my s/l to 107.71 but didn't inform here sorry.
107.71 4hrs 200 sma.

london cam 11:09 GMT April 14, 2004 Reply   
FWIW shorted AUDUSD .7395 s/l .7430. don't follow it as when I post a trade the s/l gets hit!!! GL GT

hk ab nzd 0.6 10:59 GMT April 14, 2004 Reply   
take chf at 1.3010 for 30 pips, sideline wait for entry

hk ab nzd 0.6 10:58 GMT April 14, 2004 Reply   
nt// short dlr/jpy 107.40 s/l 107.58, easy r/r trade!

Nottingham 10:57 GMT April 14, 2004 Reply   
aussie...technically setting itself up for an intraday break out...if the pair is unable to get above 7425 soon, the odds of my secondary o/b being hit are high...gl gt

NYC YIPPEE 10:55 GMT April 14, 2004 Reply   
FWIW Selling GBPUSD @ 1.8400 *** Target 1.7980 ***stop @ 1.8460

Taking back short here at 1.8025. YIPPEE !!!!!!

hk ab nzd 0.6 10:54 GMT April 14, 2004 Reply   
nt here?

Bandung Zink 10:47 GMT April 14, 2004 Reply   
Qindex how about GBP/USD? I need hints from you. Thx..

Melbourne Qindex 10:41 GMT April 14, 2004 Reply   
Melbourne Qindex 10:41 GMT April 14, 2004
EUR/AUD : If the market is able to trade above 1.6122, it should have enough momentum to tackle the projected barrier at 1.6276 - 1.6308.

NYC FXDH 10:41 GMT April 14, 2004 Reply   
I agree IN 9:27.......thought threr would be more follow thru over nite...euro where we left it yen slightly higher......are all the shorts on....or are we all waiting for better levels to short currencies buy $

sgp sp 10:33 GMT April 14, 2004 Reply   
Dr Q....thank u....appreciate your views greatly :)

Melbourne Qindex 10:15 GMT April 14, 2004 Reply   
Melbourne Qindex 10:14 GMT April 14, 2004
EUR/AUD : The key quantised level of my current 44-day cycle is located at 1.6122.

ham cla 10:15 GMT April 14, 2004 Reply   
Ga Lee : its a pleasure mate!

Ga Lee 10:13 GMT April 14, 2004 Reply   
ditto on appreciation of the info cla..thanx alot for your time..

ham cla 10:07 GMT April 14, 2004 Reply   
EUR/USD: a paris name, uk clearer and a big german name on the bid at the figure.

Nottingham 10:06 GMT April 14, 2004 Reply   
cable...drip selling after pair makes a move below 100 day sma...on average 200 pips reaction on this event...doesn't get o/s until below 1.79 so a further move can't be ruled out on those grounds so bottom fishers need to incorporate stops...also worth noting that while many expect lower levels on euro to some degree, far less expect cable to break the lower end of the range established over the past few months...there are clearly good arguments to back such views but in the event that the range is broken to the downside, there would probably be a good deal of panic selling as the break would be a largely unexpected and in some cases unplanned for event...gl gt

sgp sp 10:01 GMT April 14, 2004 Reply   
ab, great....thanks. :)

hk ab nzd 0.6 09:58 GMT April 14, 2004 Reply   
sp// my yahoo id will be sent to u in mins.

Gen dk 09:58 GMT April 14, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

hk ab nzd 0.6 09:54 GMT April 14, 2004 Reply   
original short on chf will stop at b/e i.e. 1.3040.

hk ab nzd 0.6 09:52 GMT April 14, 2004 Reply   
sp// email replied.

eur looks worth a try at the 1.1850 no matter what the real trend is.
limits are still in place. + the dlrchf ones.

ham cla 09:41 GMT April 14, 2004 Reply   
CABLE: stops taken out at 1.8150/55

Gen dk 09:40 GMT April 14, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

ln 09:27 GMT April 14, 2004 Reply   
bc was highlighting yest how despite the moves we have seen FX rates are not that spectacular compared to March. It does seem that the market is lacking a lot of energy and while I liked to short cable, eur...at higher levels they are not so attractive now especially as I would have wanted/expected more downside action. Just some thoughts. gl gt all.

sgp sp 09:18 GMT April 14, 2004 Reply   
Dr Q....

yes...I had read your posts most faithfully....especially yesterday when u post caution to ab as well as the levels for usd/chf...I went long and make some profits. Thanks.

:) :) :)

Nottingham 09:10 GMT April 14, 2004 Reply   
aussie...o/s 1 7410 o/s 2 7354

ham cla 09:08 GMT April 14, 2004 Reply   
EUR/CHF: german name sold from 1.5505 to 1.5496. same guy sold cable below 1.8090.

Philippines newtrader 09:08 GMT April 14, 2004 Reply   
Trading range: 1.1830 – 1.1965
Trend: Downward
At 8:30 AM EST expect US Trade Balance data, CPI and Core CPI. After the successive test of 1.2000 we see chances for bottom of 1.1830.

USD/JPY Daily Forecast and Analysis
USD/JPY (107.07)
Trading range: 106.10 – 107.85
Trend: Upward
The upward movement will continue for the USD/JPY, as we expect to see 107.60 today.

Ldn 09:05 GMT April 14, 2004 Reply   
RBA: Current US Rates Can't Be Sustained For Much Longer
Australia's RBA: Assumes Rising Global Rates In Next Yr
RBA: Higher Global Rates To Take Pressure Off A$

Melbourne Qindex 09:05 GMT April 14, 2004 Reply   
sgp sp 09:00 GMT - EUR/AUD : I am watching this pair. As you can see I post mainly EUR/USD and AUD/USD these days.

Melbourne Qindex 08:36 GMT April 13, 2004
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.

Melbourne Qindex 08:04 GMT April 13, 2004
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.

Ldn 09:03 GMT April 14, 2004 Reply   
EUR/USD: Talk Of A Large Stop Below 1.1850

sgp sp 09:00 GMT April 14, 2004 Reply   
Dr Q,

The eur/aud is overlooked....it has recovered from its lows of 1.5694 and is now almost 300 pips up....

Gen dk 08:59 GMT April 14, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

PAR 08:58 GMT April 14, 2004 Reply   
German banks selling EURGBP to benefit from higher UK interest rates or for possible UK takeover.

Melbourne Qindex 08:50 GMT April 14, 2004 Reply   
EUR/USD : The current expected trading range is 1.1876 - 1.1954.

London ADK 08:48 GMT April 14, 2004 Reply   
Cla - Good info, keep it coming.

Valdez how old are you?

ham cla 08:43 GMT April 14, 2004 Reply   
EUR/CHF: us name the seller from 1.5520 to 08 given.

PAR 08:39 GMT April 14, 2004 Reply   
Very strong support in cable at 1.8080. Looking for 1.8200.

Quito Valdez 08:33 GMT April 14, 2004 Reply   
Houston// I agree. I'm like a monkey doing a skunk...I had all this stinkin' stuff I can take for one night with this eur thing...gotta get some shut eye..see yas at 0800 EST.

houston ken 08:31 GMT April 14, 2004 Reply   
THOSE THAT GO BOTTOM FISHING COME OUT WITH SMELLY FINGERS. I WILL WAIT

Quito Valdez 08:15 GMT April 14, 2004 Reply   
Cairo// depends on where you come from...in California it's "high". Best weed on the mkt...ought to trade like a commodity.

pakistan sajid 08:13 GMT April 14, 2004 Reply   
this time i want to be nice

CAIRO AG 08:11 GMT April 14, 2004 Reply   
Nottingham// sorry... that should be " HI"

5t cal 08:07 GMT April 14, 2004 Reply   
pakistan sajid 07:49 GMT April 14, 2004
hi all
am back

from where ? Faluja?

CAIRO AG 08:07 GMT April 14, 2004 Reply   
Nottingham// High... any suggested trade in the Calmy $CAD?
Thanks

Ga Lee 08:04 GMT April 14, 2004 Reply   
eur/gbp dragging eur$ by its nose ring for now I'd say..so would wait for the former to stall before shorting eur, if one is inclined to do so..

Miami OMIL (/;-> 08:00 GMT April 14, 2004 Reply   
bwp imran 07:46 GMT April 14, 2004
I have comments on eur/usd on the archives and gbp/usd looks like extending a bit more to the short side after taking out the support. The intraday indicators are in O/S territory and a bounce is imminent. Both pairs are in a sell on rallies mode for now IMHO. GL GT

)toronto( Dr Unken Kat 07:58 GMT April 14, 2004 Reply   
cable 18000

Quito Valdez 07:55 GMT April 14, 2004 Reply   
One can only speculate on this eur/usd thing...no one is in agreement, it behaves on it's freeking own. Leave it to the asian session. London...put this stupid left over sushi mess in order, will ya?

sgp sp 07:54 GMT April 14, 2004 Reply   
good afternoon ab,

u got mail in your hotmail acc. :)

pakistan sajid 07:49 GMT April 14, 2004 Reply   
hi all
am back

bwp imran 07:46 GMT April 14, 2004 Reply   
Miami OMIL
any comments on eur/usd and gbp/usd?
thanks

Miami OMIL (/;-> 07:30 GMT April 14, 2004 Reply   
London BM 07:26 GMT April 14, 2004
I am in favor for a bounce I posted earlier the fibo and resistance IMO. GL GT

vancouver jpb 07:27 GMT April 14, 2004 Reply   
the recent run up might be due he itay's cpi due in 3 mins

London BM 07:26 GMT April 14, 2004 Reply   
EUR/USD? A corrective bounce, or continued slide today? Any thoughts/opinions would be helpful.

Nottingham 07:20 GMT April 14, 2004 Reply   
eurgbp...just above 10 day sma...has not close above this average since mid March...also during this downleg, the pair has not closed below 6557, my key level, and significantly that is also today's low, as well as Monday's low...thus the cross technically is well placed to make a correction...further resistance at 6625 with more at 6667...risk of weakness increases sharply if pair gives up the 10 day sma, situated just under the figure today...gl gt

Ldn 07:14 GMT April 14, 2004 Reply   
MARKET TALK: USD Faces CPI, Trade Deficit Risks

van Gecko 07:09 GMT April 14, 2004 Reply   
ab.. yep.. looks like some savvy long marching money players are buying euro & it's crosses at/near major swing lows here..

CAIRO AG 07:07 GMT April 14, 2004 Reply   
bc// THANKS for ur explanation....

GL & Good Trading day my friend.

shanghai bc 07:03 GMT April 14, 2004 Reply   

AG --Short-term,it may rise a bit further to Eur/Jpy 129 and Usd/Jpy 1.08 levels..But medium-term ,I am betting 125 and 100 levels will be seen..Good trades..

MONACO OGA 06:39 GMT April 14, 2004 Reply   
FX UPDATE 14/04
Good morning,

***EUR***
EUR/USD (currently 1,1910), 110 pips lower than yesterday's opening. EUR/USD is still looking heavy this morning with the market printing a new intermediate low of 1,1893 overnight. As we feared yesterday 1,1980 support was tested and broken and we are now moving to our 1,1800-50 target (lower barrier of bearish channel). Multi day resistance 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. Overall we are neutral on the medium term but with the recent moves, we would like to start building long positions below 1,1900 for 1,2000-50 targets.

Data out today:
US CPI March expected 0.3% 13.30 GMT
US trade balance Feb expected -42.5 Bio 13.30 GMT

Gold sharply down to 405.00 , with WTI May at 37,06.

***JPY***
USD/JPY (currently 107,35) 100 pips higher on on the back of USD strenght. 107,50 is a strong resistance and needs to be broken to open way to 109 level. Support at 106.30 and a more significant one at 105.00
EUR/JPY (currently 128.00) retesting 128 pivotal point.

***GBP***
Cable (currently 1,8090) dipped 260 pips from yesterday opening. We'll be looking to build long positions ahead of a retracement to 1,8300 . Critical support at 1,7980-00.
EURGBP (0,6585) rebounding from 0,6550 lows, resistance in front of 0,66 today.
Have a nice day,

Olivier

vancouver jpb 06:38 GMT April 14, 2004 Reply   
not bad pay out at all

CAIRO AG 06:36 GMT April 14, 2004 Reply   
bc// Hi my friend.... any thoughts on $Y and EY from here?
TIA

hk ab nz 0.6 06:35 GMT April 14, 2004 Reply   
nz option put bought last Wed matured today at .6420 from .6600... not bad paid out.

hk ab nz 0.6 06:31 GMT April 14, 2004 Reply   
a very simple and valid guage on usd is dlrcad + eur/gbp.....

entered short chf 1.3040 + limit at 1.3080 s/l 1.3108 for both pairs.

hk ab nz 0.6 06:20 GMT April 14, 2004 Reply   
bc.// thanks for the sharing.
know what, last night DOWJ tells a lot of fortunes, all banking stocks were bleeding.

Shg 06:19 GMT April 14, 2004 Reply   
Just been sent this from friend in Singapore.......

Though the dollar is extending its gains against major currencies on further signs of strong growth in the U.S. economy, the yen can rebuff its advances in coming weeks as it remains the investment destination of choice on a recovery in global demand.
To be sure, buying yen against the dollar might well reap rewards for investors, but the safer bet during this battle for supremacy between the Japanese and U.S. currencies would be to sell euros against yen.
There seems little doubt that of the world's three major economic regions - the U.S., Japan and Europe - the latter is the underachiever by a significant margin for reasons including governments' lack of fiscal discipline, labor market rigidities and overly high interest rates. "Sell euro-yen on rallies," said Jan Lambregts, currency strategist with Rabobank. "It's not that the dollar can't go down against the yen, but with euro-yen, both sides of the equation are working in your favor."
Lambregts said news flow from Japan is likely to remain yen-positive in coming months with further portfolio capital inflows, a less interventionist stance by the Ministry of Finance, economic data and technical factors conspiring to lift the currency. In Europe, however, a European Central Bank interest rate cut is in the cards for either May or June, and easing speculation ahead of these meetings should weigh on the cross, he said. Analysts said a euro low April 5 at Y125.75 is a near-term target, and a break beneath there would open a decline to Y125 psychological support.
"Euro-yen is less risky and is likely to be less choppy than dollar-yen, which could, for example, extend its near-term gains if inflation data from the U.S. later today came in higher than expected," said Lambregts. Indeed, more strong U.S. economic data should weigh on the cross, he said, as the dollar's gains are likely to be more muted against the yen than the euro under this scenario. Numbers issued so far this month, including non-farm payrolls (up 308,000 in March), retail sales (up 1.8% in March, the strongest advance in one year) and a sixth straight monthly gain in business inventories in February all point to U.S. economic recovery.
EU Fiscal, Econ Woes Hurting Euro
And with this has come expectations of a Federal Reserve rate hike in August, which would lift its target rate from a 46-year low at 1%. Tightening talk helped the dollar mount a broad-based recovery, but uncertainty over the endgame of the U.S.-led occupation of Iraq raises the likelihood of volatility in the euro-dollar exchange rate.
Aside from yen- and dollar-positive factors, Macquarie Bank currency analysts said questions over the credibility of ECB policy, and breaches of the European Union's Stability and Growth Pact are weighing on the euro.
In 2004, the ECB estimates six countries will have deficits greater than the 3.0% of gross domestic product allowed under the accord, which is being held in abeyance until November after Germany and France broke the rules. If these fiscal rules are flouted with impunity by Europe's major economies it will be difficult to convince smaller nations to not follow suit and run similar budget policies.
"It's not all that long ago that the euro was floated (January 1999) with a degree of fanfare, with the big selling point being the credibility that the pact conferred on the currency," said the Macquarie analysts. The ECB doesn't have the credibility that Germany's Bundesbank once had, and the analysts said the notion that the Stability and Growth Pact is achieving fiscal discipline is somewhat of a joke. Yen Up On Portfolio Capital, Trade Flows
Some governments' disregard for budget limits was highlighted by comments Tuesday from Italy's Economy Minister Giulio Tremonti who said the government planned to push ahead with proposed tax cuts to reflect that Europe is "in a new historic (economic) cycle." "In Europe, we are not in the normal ebb of the normal economic cycle," he said in an article in Il Sole 24 Ore newspaper. Tremonti said with the euro-zone growing just 0.4% in 2003 compared to more than 9% in China, Europe must take radical steps to revive growth.
With Japan also posting strong growth - GDP grew at an annualized rate of 6.4% in the final quarter of last year, its fastest pace in 13 years - Macquarie also likes the idea of selling euro-yen. "The Nikkei is doing more than OK, Japanese government bonds are selling, Japanese trade numbers are telling us that the stronger yen isn't a problem," it said.

The benchmark Nikkei 225 index of Japanese stock prices this week hit a 32-month high at 12,170.96, up 14% so far this year, driven to a significant degree by foreign capital inflows. Japan's Ministry of Finance said Monday that foreign investors bought a net Y2.69 trillion of Japanese stocks - a monthly record - in March, contributing to a net portfolio inflow overall of Y1.21 trillion in the month.

The ministry also said Japan's current account surplus expanded 46.2% in February from the same month a year earlier to Y2.157 trillion before seasonal adjustment, marking the eighth straight month of expansion as a booming export sector propels the country's economic revival.

These factors make selling euro against yen in coming days and weeks "a no-brainer," as long as investors are "patient and wait for a bit of a rally," said a U.S. bank trader in Singapore.


by Lim Mui Khi / Benjamin Pedley

shanghai bc 06:18 GMT April 14, 2004 Reply   

AB -- No doubt the coming data will support recovering economy (cooked books or otherwise) given such low interest rates in the past..The problem is corporations and individuals have the debts up to the hilt and once rates rise,that will be it for many who cannot finance them..Bonds,Stox and housing and consumer will all be in trouble due to their so much leveraged debts..Interesting times ahead for Dollar..Money supply will decrease and cash will be the king,perversely strengthening Dollar for a while..We had 25% interest on one month fixed deposite of Usd in early 80's making Dollar soar on demand and collpase later..But it was crazy times..Maybe we will have another crazy times again..Good trades..

Melbourne Qindex 06:06 GMT April 14, 2004 Reply   
AUD/USD : 0.7387

hk ab nz 0.6 06:02 GMT April 14, 2004 Reply   
stop for both sales will be 107.58

hk ab nz 0.6 06:01 GMT April 14, 2004 Reply   
bc/ I remember few days ago, u said many data were leaked prior release.....

I think tonight US data is huge good.

hope the dlr/jpy will not squeeze me too hard.

add short dlr/jpy 107.40.

Ldn 05:55 GMT April 14, 2004 Reply   
Terrorists In Spain Said To Eye Jewish Sites - NYT

hk ab nz 0.6 05:49 GMT April 14, 2004 Reply   
eur/aud breaks 4hrs trendline.

see if it could break the 100 ma in 4hr chart.

hk ab nz 0.6 05:47 GMT April 14, 2004 Reply   
volatile day again.

Melbourne Qindex 05:46 GMT April 14, 2004 Reply   
EUR/USD : Basically the market is still vibrating around the quantised level at 1.1922 with an expected magnitude of +/- 25 pips, i.e. 1.1897 - 1.1922 - 1.1946.

CAIRO AG 05:43 GMT April 14, 2004 Reply   
ab// got on my M*e*t*a..... AS A NEWS ALERT...

hk ab nz 0.6 05:43 GMT April 14, 2004 Reply   
farmacia, seems another large volume just went thru on eur again.

hk ab nz 0.6 05:41 GMT April 14, 2004 Reply   
if no faith to long eur, I think short chf is another choice.

hk ab nz 0.6 05:40 GMT April 14, 2004 Reply   
short dlr/jpy 107.01.

Ldn 05:40 GMT April 14, 2004 Reply   
So far fact Eurozone's Stability and Growth pact is in tatters has had little effect on Europe's markets; but things may be about to get worse with news last week half of countries now using EUR will breech pact's rules in 2004. "It makes Europe that much less appealing," says Uri Landesman at Federated Investors; "one of the euro's selling points was that it would create an economic zone that would rival the U.S. What's the value, if you can break the rules any time you feel like it?"

g Newswire UK

hk ab nz 0.6 05:40 GMT April 14, 2004 Reply   
AG thanks for the info! (No kidding eh?)

CAIRO AG 05:37 GMT April 14, 2004 Reply   
ab// received a report stating that Bank Of England was gonna intervene yesterday in case that 0.6550 was broken....!!!!!!!

hk ab nz 0.6 05:33 GMT April 14, 2004 Reply   
note eur/gbp is swimming up, if it persists, think 1.1850 will be good to long eur. (can allow 10 pips overshoot) so, limits are 1.1850, 1.1840 s/l 1.1787

Melbourne Qindex 05:25 GMT April 14, 2004 Reply   
Melbourne Qindex 02:20 GMT April 14, 2004
EUR/USD : The lower barrier of my daily cycle is expected at 1.1799 // 1.1824 and the upper barrier is positioning at 1.1946 // 1.1971.


... 1.1799 // 1.1824 - 1.1848 - 1.1873 - 1.1897 - 1.1922 - 1.1946 // 1.1971 ... 1.2020 - 1.2044 ...

hk ab nz 0.6 05:24 GMT April 14, 2004 Reply   
Gecko// only key is the mind changing of those biggies on their views on 1.18/9 line.

I am finding the 250 dma to long today.

melbourne farmacia 05:24 GMT April 14, 2004 Reply   
ab - sorry no view or bias on yenny.

ML - next level @ 0.7420

Ltn th 05:17 GMT April 14, 2004 Reply   
this article is 14 hours old now. May be some ramifications on AUD as well.
http://quote.bloomberg.com/apps/news?pid=10000085&sid=aCGH5luEUhnE&refer=europe

melbourne farmacia 05:15 GMT April 14, 2004 Reply   
ML - Voo based on hourly - a break will take us to the next line if momentum's strong enough. GT

Melbourne Qindex 05:13 GMT April 14, 2004 Reply   
Melbourne Qindex 05:11 GMT April 14, 2004
AUD/USD : Daily Cycle Quantise Levels


... 0.7388 ... // 0.7436* - 0.7461 - 0.7485* - 0.7509 - 0.7533* - 0.7557 - 0.7581 // 0.7605 - 0.7629* ...


Use the weekly cycle analysis and the following for reference if the market is trading below 0.7436.


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* // ...

hk ab nz 0.6 05:12 GMT April 14, 2004 Reply   
gecko// u are v. certain on this eur move eh....

I will decide what to do when it touch the 200 dma again.
Expect some overshoot and place limit a bit under that and then stop setting will be easy.

hk ab nz 0.6 05:10 GMT April 14, 2004 Reply   
farmacia, I am thinking about dlr/jpy short, your view? any bias?

nt//will join small gold trade later around 400 level.

houston ken 05:08 GMT April 14, 2004 Reply   
to early to short euro cable i will wait a little bit

ICT ML 05:00 GMT April 14, 2004 Reply   
melbourne farmacia 04:18...just great..LOL..sold some at 65 with a 15 stop.......oh well....my dailies say sell it so I sold it.

Cable and Euro are acting a bit strange now, 4 hr says they bounce in Ldn...but action says they might try another move down first....

LDN 04:36 GMT April 14, 2004 Reply   
Paris -- RISING BUDGET DEFICITS, high and climbing unemployment and structural economic rigidities are no laughing matters. But when governments break the rules they promised to uphold to address these issues, they have the makings of a farce.
WSJE.
Welcome to Europe's three-year-old comedy, the European Union's Stability and Growth Pact -- to which investors in European stocks, bonds and the euro should pay as much attention as they can tolerate, the way an audience puts up with a bad comedian.

Gold Coast martin 04:25 GMT April 14, 2004 Reply   
SHG...INTERESTING POINT...coincides with japanese institutional relocation of assets from australia that it currently in effect...

Shg 04:22 GMT April 14, 2004 Reply   
Market Talk.. Gold falling out of favor as investment portfolios get rebalanced toward USD-denominated assets, says metals dealer with large Japan trading house, and gold will stay bearish as long as USD on recovery path
app.

Gold Coast martin 04:20 GMT April 14, 2004 Reply   
POINT OF NOTE:it seems to me that if you trade on ego alone against the market ,the market will always beat you in a timely fashion....so just observe technicals and trends and go with the flow of the market....a good example is the foreign currency fiasco of the national australia bank where traders thought they were better than the market and were allowed to by management to trade their way and the result was a $aud360mill. loss....so in a volatile market if you are new stay out of it and if you are experienced follow what you have been doing consistently for years......good trades to everyone.

melbourne farmacia 04:18 GMT April 14, 2004 Reply   
ML - Aussie's banging on my Voodoo line at 0.7460, which tells me to cover some 1/2 my shorts. GT

van Gecko 04:11 GMT April 14, 2004 Reply   
the odds for euro to break 1.18/19 near term is slim to none.. the near term market psycho is similiar to last September when euro corrected to 1.08 & all the 'Johnny come latelys' jumped on the 1.05 bottom feeding bearwagon..
The 1000 pip drop from the recent 1.29 high had been vely rewarding for all short marching Sons Of Beatrice..
Cheerios..


ICT ML 04:03 GMT April 14, 2004 Reply   
After checking my trick bag on the dailies...see Aud/Usd as the most likely to get hammered the next few days. Broke its trends and headed for a double bottom test at .7250 I think now. (disclaimer..I generally suck at trading the thing)
Usd/Cad, well it looks like it pulls back to build a base around 1.3300 maybe for another push up in a few days to 1.3500 but it is not as pretty as the Aussie chart. (disclaimer...same as above)
Eur-Gbp..was trying to get filled on shorts 2 days now...missed by a single pip today, and looking at it, I pulled the orders to see if it bounces to .6600 first before I try to sell it again.
Cable and euro ...well still waiting for a breakout of the bottom of the range made some nice gains on shorts Yday but flat today so far.

YIPPEE...great response to amc eariler, I couldn't agree more. And nice calls on the cable and aussie shorts the other day mate!.

Chicago Irish 03:36 GMT April 14, 2004 Reply   
Yippee:03.06 As yer man in the Guinness advert would say....Brilliant!.......keep it up and I'll toss a few shillings on Millwall :-)

NYC YIPPEE 03:29 GMT April 14, 2004 Reply   
bc I wish Sir.. Now, that would be a funny story.

Good trades.

HK [email protected] 03:28 GMT April 14, 2004 Reply   
Silver was hinging for a while on a daily trend reversal support and now the trend is down with another price dive soon.
Many who are long on silver will have to shed weight in order to get out from that juicy vineyard.

ny amc 03:15 GMT April 14, 2004 Reply   
yippee..........i do appreciate your advice, thanks

hong kong nt 03:12 GMT April 14, 2004 Reply   
any info on tonight's CPI? thanks

Miami OMIL (/;-> 03:11 GMT April 14, 2004 Reply   
YIPPEE nice, by the way good calls yesterday. It is hard to comprehend that people that really trade for a living would put up with this crap but it really happens and if we pay attention very hard we might learn a thing or two from them IMHO. GL GT

ny amc 03:10 GMT April 14, 2004 Reply   
yippee...........thats funny you say that because when i traded stocks that is exactly what i would tell the guys that worked for me....i am new to this trading and am trying to speed up the learning curve...........oh well...take care

)toronto( Dr Unken Kat 03:06 GMT April 14, 2004 Reply   
what was the indicator?

NYC YIPPEE 03:06 GMT April 14, 2004 Reply   
A small word of advice (From experience)

If you are asking the forum here for OUR opinions I believe you have lost faith in YOUR position. By questioning others you are showing a crack in your management of the position.

At this point is dosen't really matter if it goes up or down as I believe you have already lost. When you start to question, simply square it up and look again.

I hope that helps you.

ny amc 03:03 GMT April 14, 2004 Reply   
yippee.......yes i am short at 106.40 average.......the charts to me say it should pullback but what do i know.........you guys know alot more than me

ny amc 03:00 GMT April 14, 2004 Reply   
mark..............i hope you were being sarcastic about this site........it does have some very intelligent and helpful people

Montréal Taro 03:00 GMT April 14, 2004 Reply   
)toronto( Dr Unken Katt

Thank you, but as pattern, I meant flag, triangle or parabolic.

NYC YIPPEE 02:58 GMT April 14, 2004 Reply   
port jeff ny amc 02:38 GMT April 14, 2004

Do you have a position in USDJPY >??

Minnesota Mark 02:57 GMT April 14, 2004 Reply   
)toronto(
ah yes the candlestick shop... put a bit of cash on a bearish indicator last week, only lost 82% at this point... But what the heck, one day it will work out.... NEVER... rely on just one source of information. spend some time around here, there are some very intelligent persons with nothing better to do than try and teach others a few things.

)toronto( Dr Unken Katt 02:51 GMT April 14, 2004 Reply   
taro try this
http://www.candlestickshop.com/glossary/#Long%20Red%20Real%20Body

Montréal Taro 02:48 GMT April 14, 2004 Reply   
Is there somebody who can refer me a good book or a good website about pattern ?

hong kong nt 02:46 GMT April 14, 2004 Reply   
AB -- USD/CAD was nice to us last night, showing typical reaction of "sell on rumor, buy on fact"...

Rye, NY et 02:45 GMT April 14, 2004 Reply   
Short USD/CAD 1.3337;cut 1.3370;take 1.3235

Melbourne Qindex 02:43 GMT April 14, 2004 Reply   
port jeff ny amc 02:38 GMT - USD/JPY : I am bias on downside when the market is trading below 107.30 - 107.35.

port jeff ny amc 02:38 GMT April 14, 2004 Reply   
melbourne qindex............what are your views on usd/jpy. thank you

Philippines newtrader 02:31 GMT April 14, 2004 Reply   
EUR/USD (1.1938) 0:05 AM CET
Trading range: 1.1830 – 1.1965
Trend: Downward
At 8:30 AM EST expect US Trade Balance data, CPI and Core CPI. After the successive test of 1.2000 we see chances for bottom of 1.1830.

USD/JPY Daily Forecast and Analysis
USD/JPY (106.69)
Trading range: 106.10 – 107.35
Trend: Upward
The upward movement will continue with the Yen, as we expect to see 107.20 today.

Melbourne Qindex 02:30 GMT April 14, 2004 Reply   
Melbourne Qindex 02:29 GMT April 14, 2004
EUR/USD : The bias is on the downside since the market is trading below 1.1954. The odds are good that the market will penetrate through 1.1900.

Gold Coast martin 02:00 GMT April 14, 2004 Reply   
OILMAN...he he he....good call....g/l g/t

nyc jk 01:57 GMT April 14, 2004 Reply   
lol Oilman, see the ol sense of humour still intact

nyc sa 01:54 GMT April 14, 2004 Reply   
is it time to buy dollar yen ? anyone trading this pair ?

nyc sa 01:54 GMT April 14, 2004 Reply   
is it time to buy dollar yen ? anyone trading this pair ?

UAE Oil man 01:44 GMT April 14, 2004 Reply   
Being long perhaps Jk :)...should do the trick.

nyc jk 01:43 GMT April 14, 2004 Reply   
for what reason(s) are you so bullish on the AUD, AUS Trader?

AUS Trader 01:28 GMT April 14, 2004 Reply   
the AUD/USD medium to long term UP bias is intact.
the short term bias is side to up with .7300 acting as the medium term baseline.
ranges .7300* (value) <-> .7800 -> .8000* ->.8200
for medium to long term positional traders, corrections within the .7400-.7600 are value accumulation zones enroute to .8200
only sustained weekly closes below .7300 would change the UP bias to neutral

hk ab nzd 0.6 01:09 GMT April 14, 2004 Reply   
sth unusual happens.....

a local bank quotes paralysed.....
let's see.

hk ab nzd 0.6 01:04 GMT April 14, 2004 Reply   
martin, I am only interested in long aud/nzd currently.

Gold Coast martin 00:59 GMT April 14, 2004 Reply   
HK..NZD...The AUD IS on A DOWNWARD BIAS with the nzd following it...read my posts of last 7 days....just be careful with your trades friend...g/l g/t

hk ab nzd 0.6 00:56 GMT April 14, 2004 Reply   
AUS TRADER//may be it was a bull trap zone yesterday ;)

Melbourne Qindex 00:56 GMT April 14, 2004 Reply   
EUR/USD : In the next 2 hours I am trying to look for the location of key levels in other cycles which may determine the market movement later today.

mildly maused 00:51 GMT April 14, 2004 Reply   
what is this "short" this, "long" that or ...

XXXXXX is "shorting", ZZZZZZ is "longing"?

Who I censored doesn't know or care about the accepted lingo used on bank desks?

What a bunch of amatuer phonies.

sgp sp 00:50 GMT April 14, 2004 Reply   
UAE Oil man 18:15 GMT April 13, 2004

Thanks for your reply....u r one of the very rare members here who had posted info on usd/zar. :)

Melbourne Qindex 00:50 GMT April 14, 2004 Reply   
EUR/USD : In a slow session the market rhythm of my daily cycle is represented by 25 - 31 pips. In an active session the market rhythm can shift to 90 - 100 pips.

hk ab nzd 0.6 00:49 GMT April 14, 2004 Reply   
wow what a massive move on aud!!!

Melbourne Qindex 00:45 GMT April 14, 2004 Reply   
EUR/USD : From the key quantised level we can guess that the market is going to vibrate around 1.1922 with an expected magnitude of at least 26 pips, i.e. 1.1896 - 1.1922 - 1.1948.

Melbourne Qindex 00:41 GMT April 14, 2004 Reply   
Melbourne Qindex 00:32 GMT April 14, 2004
EUR/USD : The key quantised level of my daily cycle is 1.1922.

port jeff ny amc 00:40 GMT April 14, 2004 Reply   
shanghai.........tell him to short $jpy please....lol

shanghai bc 00:39 GMT April 14, 2004 Reply   

YIPPEE of NY went short on Cable and Aussie and both cracked under his weight :-)..

Melbourne Qindex 00:36 GMT April 14, 2004 Reply   
EUR/USD : During Asia session the previous lower barrier of my daily cycle will serve as a resistant level.

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.

nyc jk 00:32 GMT April 14, 2004 Reply   
you still long from 0.7600 Aus Trader?

AUS Trader 00:24 GMT April 14, 2004 Reply   
AUD/USD .7500/50 bear trap zones

NYC YIPPEE 00:21 GMT April 14, 2004 Reply   
"two macro hedge funds went short of euros at the London open (yesterday). These guys are usually right," says Alaron FX's Craig Russell

So what !!! Two hundred macro funds means nothing. These kind of comments generally really p-i-s-s me off.

Ldn 00:19 GMT April 14, 2004 Reply   
Boom 'will end in tears'

Another drawback is that it is not very timely, appearing two months in arrears, in comparison with the surveys from the main mortgage lenders.

The ODPM survey coincided with a report in the Financial Times that a top financial expert has forecast a collapse in the UK housing market
LINK

Shg 00:14 GMT April 14, 2004 Reply   
Hedge funds turning backs on EUR, which bad news for single currency: The same investors who drove EUR to record high in February have all but unwound positions, say market players; and as 2Q gets underway, liquidity returns after Easter, they're now taking active shorts. Reasons include sluggish eurozone economic data, signs U.S. economy finally cranking out jobs, prospect of higher U.S. rates; "two macro hedge funds went short of euros at the London open (yesterday). These guys are usually right," says Alaron FX's Craig Russell.

Reuters. news.

NYC YIPPEE 00:07 GMT April 14, 2004 Reply   
Thank you ab.

NYC YIPPEE 00:07 GMT April 14, 2004 Reply   
port jeff ny amc 22:15 GMT April 13, 2004

Nothing to say really, sorry.

 




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

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

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

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Currency Trading Tools

  • Live rates, currency news, fx charts. 

  • Research reports and currency forecasts.

  • Foreign Exchange database and history.

  • Weekly economic calendar.

Directory of  Forex trading tools

 
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Forex Forum

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

Forex News

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

Currency Trading

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

Forex Brokers

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

Forex Trading

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

FX Trading

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

Forex Blog

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

 

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