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Forex Forum Archive for 04/22/2004

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Dublin CK 23:58 GMT April 22, 2004 Reply   
QIndex, Its been awhile since i visited your web site. But I just have and I find it very informative and very well presented.

I appreciate your daily analysis. Once I become more than small fry i will subscribe to your analysis.

I wish you look in your endeavours.

Miami OMIL (/;-> 23:53 GMT April 22, 2004 Reply   
OK SZ 23:30 GMT April 22, 2004
I am thinking the same but this quiet Bull Run by the eur/usd might take us up to the 1.2000-20 area soon if the resistance does not hold up IMHO. GT

BC your presence is always noted here and thank you for taking time to help us all here. GT

Melbourne Qindex 23:52 GMT April 22, 2004 Reply   
shanghai bc 23:48 GMT - Thank you and good morning! You made a great call on EUR/GBP too. It is a very good indicator. I do observe many times that the big shift in this cross is usually associated with a good move in EUR/USD.

OK SZ 23:52 GMT April 22, 2004 Reply   
no problem, my educated guess is that we probably have seen the low in the euro for awhile and 11870 support so think we will see 120 today..gl, gt

Bandung Dewan 23:51 GMT April 22, 2004 Reply   
Cloudy Morning... Get the correction to follow reversal trend. GL

Melbourne Qindex 23:49 GMT April 22, 2004 Reply   
OK SZ 23:46 GMT - I do have the answer otherwise one can make an educated guess.

shanghai bc 23:48 GMT April 22, 2004 Reply   

QINDEX -- Good morning..Great forecast yesterday..

CAIRO AG 23:48 GMT April 22, 2004 Reply   
THANKS OMIL... appreciated and noted. GL & GT

Melbourne Qindex 23:47 GMT April 22, 2004 Reply   
Dublin CK 23:41 GMT - You are welcome. I am changing the format of my presentation, hoping to attract more viewers to see my page.

OK SZ 23:46 GMT April 22, 2004 Reply   
Qindex, may I ask if you see the euro higher during asia/london or in NY session?

Melbourne Qindex 23:45 GMT April 22, 2004 Reply   
hk ab nz 0.65 23:39 GMT - Spot Gold : We will raise a different question, 390 or 395.

Miami OMIL (/;-> 23:44 GMT April 22, 2004 Reply   
CAIRO AG 21:51 GMT April 22, 2004
Sorry for the delay I just got back to the desk. I don’t follow these pairs that closely to give you a good detailed report on them. The eur/jpy is on a bullish trend as well as the eur/gbp pair and if these are the indicators for eur/usd then we can get an idea of were the eur/usd might be going for the time being. Now if gold holds it’s ground steady we can see the eur/usd push up from here for a correction on this move or an end to this dollar correction for the time being IMHO. Sorry I could not answer your question correctly. GL GT
Qindex hope everything is well on your side of the pond good call on the eur/usd bouncing off the low earlier today. GT

Dublin CK 23:41 GMT April 22, 2004 Reply   
Dr Q, thank you for analysis once again.

hk ab nz 0.65 23:39 GMT April 22, 2004 Reply   
Morning Qindex, I guess the chance relies on gold today.

GT.

Melbourne Qindex 23:33 GMT April 22, 2004 Reply   
OK SZ 23:30 GMT - We can provide the answer.

OK SZ 23:30 GMT April 22, 2004 Reply   
good question Qindex..I am not sure at this time...was thinking 1.1955 might end this run up though

Melbourne Qindex 23:25 GMT April 22, 2004 Reply   
EUR/USD : Which one has a higher chance of seeing, 1.2010 or 1.1832?

EUR/USD : Current Comment.  Register with [email protected] if you have no access to my page.

sarasota jf 23:24 GMT April 22, 2004 Reply   
ab sorry it took 24 hours to show how well supported 1.1800 area was - as for euryen 131.60 is target

LTN th 22:49 GMT April 22, 2004 Reply   
Any suggestions on audusd? I am a little scared with what appears to be a lot of liquidity concentrated at the multi yard end of the market on both sides. There appears to be some new entrants to those we saw earlier in year. Any thoughts on immediate timing or are both sides fully active?

hk ab nzd 0.65 22:45 GMT April 22, 2004 Reply   
brave yen players may sell eur/jpy 130.50 here.

GL!

hk ab nzd 0.65 22:32 GMT April 22, 2004 Reply   
sorry forget to change my handle on this computer. Sorry for confusion.

hk ab nzd 0.6 22:17 GMT April 22, 2004 Reply   
nzd buyers can take a short breat at .6350 first.

Tallinn viies 21:53 GMT April 22, 2004 Reply   
Moscow Hawk 21:01 - 1,1550 maybe this week?

CAIRO AG 21:51 GMT April 22, 2004 Reply   
OMIL // any view on the EY or GBPYEN from here??? TIA
GL& GT

GVI john 21:26 GMT April 22, 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/$ 1.1910…$/yen 109.45
DJIA 10,461, +144 pts…NASDAQ 2,033, +37 pts
10-yr 4.38%, -6 bp’s
PERSONAL OPINIONS:
For a broad range of opening levels click on “GVI’s Market Tracker”:
CLICK HERE


FULL TEXT ON GVI

manila stoked 21:06 GMT April 22, 2004 Reply   
i seem to be seeing this last leg down for the gbp and euro as the final one before resuming long term uptrend - based on EW analysis. this looks like the bottom of a C wave in an A-B-C consolidation. then again, i'm not all that experienced yet. anyone care to critique this view?

Miami OMIL (/;-> 21:05 GMT April 22, 2004 Reply   
IW and Hawk thanks for the comments. That is what I thought the market is not sure and the best thing to do is to lay low until the market does decide IMHO. GL GT

Moscow Hawk 21:01 GMT April 22, 2004 Reply   
EUR/USD tested my mid term zone 1.1550-1.1750 and bounced back above 1.19. Currently it does not look bad intraday but the downside pressure is still in. And while 1.1950-00 limits upside repeated test of 1.1730-75 is still possible. Move above 1.20 will give a good indication that the low for this downside leg is in place.

Good luck

USA Biscuit Boy 20:50 GMT April 22, 2004 Reply   
Well thats my "fast" 50 pips for cable. Back later.

Milan ED 20:50 GMT April 22, 2004 Reply   

could it reach 1.21 tomorrow? last week hight and roughly 38.2 percent fibo retracement from sept lows

Helsinki iw 20:49 GMT April 22, 2004 Reply   
Was bullish yesterday off the 1,1820/30 level, but really
surprised to see it whacked down off the rally so fast.

So, honestly not conviced either way and for a change
managed to stay a spectator all day and not getting
sucked in to the whipsaw. Really at a loss, but if you twist
my arm, I´d say the crowd that called for 1.35 earlier are
now looking for 1.15. so that is my bias while sidelined.

The newsflow we get is also difficult to translate into what
the market will focus on next. As a very good trader once
told me, the best traders are those who know when not to
trade. And unfortunatly it does not always include me.

Miami OMIL (/;-> 20:42 GMT April 22, 2004 Reply   
IW what is your take on the eur/usd move? tia

Milan ED 20:42 GMT April 22, 2004 Reply   
eur-usd well sma 5 and sma 200 are at the same level and dont forget it seems it is a reversal day and in the previus 5 reversal days the retracement was more than 2 percent, so eur-usd bullish!!! al least for tomoeeor

Houston ST 20:41 GMT April 22, 2004 Reply   
Quito Ecuador Valdez 19:05, sorry to respond so late. I had two lunch appointments today. Re: my call, even a broke clock is right twice a day, but thanks for noticing. Still long eur/usd, waiting for a further assault on 1.1965/85 range. good trades & good evening to you.

ny amc 20:41 GMT April 22, 2004 Reply   
short eur/usd here at 1.1908 sl @ 1.1926 [email protected] 1.1845

Helsinki iw 20:41 GMT April 22, 2004 Reply   
Cheers Omil, just checking in to get the closing, couldn´t
resist that. All the best, gl+gt c u tomorrow.

LAX-LGB SNP 20:39 GMT April 22, 2004 Reply   
HOUSTON KEN

so far eurjpy has stayed above last week's levels & taken off today using yesterday's base

i'd wait to see how price reacts towards 130.7x highs if it gets there ... besides i've bid eurusd since the mid 1.18s

P.S. TA (RSI, BB, MAs, SS, etc) follows price, not vice versa

Miami OMIL (/;-> 20:37 GMT April 22, 2004 Reply   
IW that was an expression too but thanks for correcting my grammar it can get pretty bad sometimes. FWIW I have moved stops to protect profits as eur/usd has hit the latest high and looking to take out the first resistance IMHO. GL GT

Stockholm ebergholm 20:35 GMT April 22, 2004 Reply   
Hello!
Where is €/$ heading? Do you have any good trading signals to spare? (I´m more dollar bullish than bearish at the moment) I visited KB and a new site, fxtrends.net. It is a Finnish site. Nokialand, you know! We in Sweden have Ericsson...

Do you know some good sites? Please let me now ASAP. Thank You!

Milan ED 20:35 GMT April 22, 2004 Reply   
eur-usd: i think this is a reversal day!!!

Miami OMIL (/;-> 20:29 GMT April 22, 2004 Reply   
Helsinki iw 20:23 GMT April 22, 2004
It is an expression used here but what ever turns your wig buddy lol.

saratoga sam 20:27 GMT April 22, 2004 Reply   
Hi Houston, personally i dont see any divergence yet on either time frame. Maybe one of the in house experts can comment as well...

Montréal Taro 20:27 GMT April 22, 2004 Reply   
Mtl JP What means PPT ?

Helsinki iw 20:23 GMT April 22, 2004 Reply   
Omil, "stopping buy" is that Freudian or what?

Jubail S 20:22 GMT April 22, 2004 Reply   
hello people
What do you think about eur/$?
Thank you

HOUSTON KEN 20:20 GMT April 22, 2004 Reply   
with rsi

HOUSTON KEN 20:19 GMT April 22, 2004 Reply   
sam 15 mins and i hour

Miami OMIL (/;-> 20:17 GMT April 22, 2004 Reply   
Interesting way of putting it Oil Man. It is still sell on rallies for a position trader that is true. Thanks for stopping buy once in a while. GT

saratoga sam 20:16 GMT April 22, 2004 Reply   
Houston what time frame and what indicator for your divergenece?

HOUSTON KEN 20:06 GMT April 22, 2004 Reply   
i saw a divegence in euro yen can anybody confirm . is it time to short?

UAE OIl man 19:59 GMT April 22, 2004 Reply   
Good evening,

Have to say i m not really impressed with the Euro$ gains for the day, whether im on the other side of the fence or not..
But then perhaps when one clips the wings of a bird, it might have difficulties going on take-offs...And it might just do little wings flap and crash , it's face and beak (sharp beak for sure but still) scatching on the asphalt for a few meters flight each time...
Thus i repeat unless you are a 1 minute chart trader and imagine you can feel when big orders are coming , you might want to wait till a good move up is seen to start buying.

In anycase, good evening all and GL.

P.s Eurogbp was stopped at the precise high 6724..

ny amc 19:57 GMT April 22, 2004 Reply   
I would like some suggestions as to which charting website/packages you guys use please. Thanks alot

Miami OMIL (/;-> 19:49 GMT April 22, 2004 Reply   
Seems that lately the forum has become a bit of a wrestling stage instead of a sharing ideas stage and that may be due to the behavior of the market. I will say it again this forum I believe is to SHARE IDEAS good or bad is for the individual that reads it to judge this does not mean it is bad or good in general. The B/B is holding the eur/usd for now and the market does not seem to make up its mind on where to go that is bad for intraday traders. I posted the fibo before but the resistance I see now at around 1.1910-20, 1.1945-50 and 1.1980-2000 IMHO. GL GT

Indonesia Solo Raden Mas 19:33 GMT April 22, 2004 Reply   
cu later.
thanks

Indonesia Solo Raden Mas 19:32 GMT April 22, 2004 Reply   
Swiss DG 19:23 GMT April 22, 2004
Raden,
What do you mean by sharp correction at 1.7780. Will be short to 1.76xx and after back to 1.78xx.
no friend. I think only at 1.7720-25 again before go higher at 1.7834

Indonesia Solo Raden Mas 19:30 GMT April 22, 2004 Reply   
SURABAYA GINTA 12:28 GMT April 22, 2004
halo se bangsa se tanah air, tolong give me suggest about GBP?
no friend. only arround 1.7720-25 again (ideally).

nyc tony 19:26 GMT April 22, 2004 Reply   
Nottingham 13:57

Yes I agree with your approach. There are two ways to trade this pair (it applies to all pairs but especially usd/cad). Position and day trades. I felt very strongly that this pair was WAY to strong in jan 04 and have gone the position route. Although I have paid attention to the 10 day sma as you mentioned and think it's a very nice tool for day trades.

Remember the correlation between the usd index and this pair has disassociated some in the last couple of months since there was absolutely a pinpoint relationship previously.

Miami OMIL (/;-> 19:26 GMT April 22, 2004 Reply   
omil

Bandung Dewan 19:26 GMT April 22, 2004 Reply   
Swiss DG,
Sorry, not 15 GMT but 13.50 GMT

Swiss DG 19:23 GMT April 22, 2004 Reply   
Raden,
What do you mean by sharp correction at 1.7780. Will be short to 1.76xx and after back to 1.78xx.
tia

Bandung Dewan 19:23 GMT April 22, 2004 Reply   

Swiss DG 19:09 GMT April 22, 2004

I just want to repeat my messege to Surabaya which I have posted it arround 15 GMT.
That is my major target. I use so many indicator. I think you have different target, because every one has own indicator. You can ask target gbp/usd to Raden, he used his own methode called "kum-kum" methode.

Swiss DG 19:21 GMT April 22, 2004 Reply   
Thanks Raden, you are always so helpful.

Indonesia Solo Raden Mas 19:17 GMT April 22, 2004 Reply   
Swiss DG.
objective target is at 1.7834 after sharp corection from 1.7780

Indonesia Solo Raden Mas 19:13 GMT April 22, 2004 Reply   
SURABAYA GINTA 12:28 GMT April 22, 2004
halo se bangsa se tanah air, tolong give me suggest about GBP?
gbp/usd top at 1.7780

Indonesia Solo Raden Mas 19:11 GMT April 22, 2004 Reply   
Swiss DG 18:59 GMT April 22, 2004
sorry friend. I got bussy for other job.
I promise will do that soon.

Swiss DG 19:09 GMT April 22, 2004 Reply   
Bandung Dewan,
Do you really see GBP to 7890. How?
tia

Indonesia Solo Raden Mas 19:07 GMT April 22, 2004 Reply   
about eur/gbp.
my long term time range emotion indicator say that maximal from tomorrow or (from now?), big selling raining will come from 0.6721-45. be carefull..

Bandung Dewan 19:06 GMT April 22, 2004 Reply   
Bandung Dewan 13:50 GMT April 22, 2004
SURABAYA GINTA 12:28 GMT April 22, 2004
halo se bangsa se tanah air, tolong give me suggest about GBP?

Maybe I can help you a little
Buy gbp/usd at 7670; SL: 7645; TP: 7890.
Sell usd/chf at 3155; SL: 3185: TP: 3050.
Buy eur/usd at 1871; SL: 1835; TP: 1959.
GL

Quito Ecuador Valdez 19:05 GMT April 22, 2004 Reply   
Houston ST 16:44 GMT April 22, 2004
Looks like your prediction is coming true for 1.19xx good call amigo.

TA Jaco 19:04 GMT April 22, 2004 Reply   
frnds, can someone tell me what was the low in the eur/gbp during ny session?

Swiss DG 18:59 GMT April 22, 2004 Reply   
Hi Raden,
Are you still making your charts. I did not receive them lately.
Do you still expect GBP to move towards 1.78?
Dan

Jubail S 18:59 GMT April 22, 2004 Reply   
Hello Raden Mas
What;anybody; thinks about eur/$ & gbp/$?

perrie como 18:57 GMT April 22, 2004 Reply   
btw there's the last bunch of stock market retial buyers loving to enter the market without any fundamentally sounded reasons but hope

will see the summertime likely turmoil frns

USA Biscuit Boy 18:56 GMT April 22, 2004 Reply   
Just waiting around for cable to get some pep.

perrie como 18:55 GMT April 22, 2004 Reply   
too overpop as noted many times in the past

Indonesia Solo Raden Mas 18:55 GMT April 22, 2004 Reply   
hello..

Jubail S 18:54 GMT April 22, 2004 Reply   
NYC NYC
Lucky who doesn't have open positions

:(

Swiss DG 18:54 GMT April 22, 2004 Reply   
Let's hope that market still have some energy tome move after all this up and down..... I need GBP to reach 1.7750????

NYC NYC 18:51 GMT April 22, 2004 Reply   
I am posting to see if there is something wrong here or is the market just throwing in the towel as it is eerie quiet. If this is happening Thursday afternoon what will it be like Friday. Caveat Emptor = Let the Buyer Beware

Va Raven 17:59 GMT April 22, 2004 Reply   
ny amc - Any thoughts on Dow's rally today? Understand you were (are) in that market.....

NYC YIPPEE 17:43 GMT April 22, 2004 Reply   
ny amc 16:38 GMT April 22, 2004

No thoughts.

Indonesia Solo Raden Mas 17:43 GMT April 22, 2004 Reply   
seen market have no energy again..
let me say : "cu later".
will go arround for relax

Nottingham 17:42 GMT April 22, 2004 Reply   
HK Kevin

there is a chance that the ostrich like members of the MPC may choose to hide their heads in the sand rather than raise rates in the UK...their preoccupation with trying to avoid bursting the UK house bubble (a market which historically has never had a soft landing despite the best intentions of those in charge at the time) may mean a revision of UK rate expectations so much of your cable move lower could be reflected in the eurgbp cross...gl gt

Bandung Dewan 17:28 GMT April 22, 2004 Reply   
Ina mr.co'z 16:52 GMT April 22, 2004
Ok, you're a good technical analysis. I still learn from you and I learn economic indicator too to have more knowledge.

Nottingham 17:20 GMT April 22, 2004 Reply   
silver...6.09 taken and the shiny metal killed again...second attempt of session to crack $6 where a double bottom is possible but failure to hold on targets 5.93/5.87...gl gt

Van jv 17:17 GMT April 22, 2004 Reply   
HK Kevin ---though all possible, would not take H&S so seriously---Haifa called it, I believe, Shampoo --indicative imo

SA M 17:04 GMT April 22, 2004 Reply   
Dallas -just some destraction from the fight in the market.

Dallas GEP 17:02 GMT April 22, 2004 Reply   
THNAKS M for the link. The Mclaren F1 smoked the Enzo Ferrari just like in REAL life!!!! LOL

pd cumino 16:58 GMT April 22, 2004 Reply   
Kevin, what is precisely a downside target? Would you kindly explain?

Stockholm za 16:57 GMT April 22, 2004 Reply   
Quito Ecuador Valdez-- I need your help on the HF.
Thank you ...

Ina mr.co'z 16:52 GMT April 22, 2004 Reply   
yes dewan,,,but looked to be not have an effect on big to market.

HK Kevin 16:50 GMT April 22, 2004 Reply   
Questions for help. Looking at the weekly and monthly charts. EUR has almost met the downside target at the weekly chart 1.1760. However, the downside target for Cable following the neckline break of 1.8000 at the weekly chart is 1.7000. My questions is how could EUR make a l/t reversal over there with Cable still a lot of room to fall. In that case, may be the actual bottom of EUR is near 1.14-1.15 in the monthly chart.

Dallas GEP 16:47 GMT April 22, 2004 Reply   
Just sold some more Euro/JPY @ 130.35 stop @ 130.70 TP on this bunch @ 129.85

Houston ST 16:44 GMT April 22, 2004 Reply   
SZ, yes I almost snoozed thru the eur/usd dip; have some length now in the 50s. waiting for the assault on 1.19xx. my regards to the okies. gl/gt.

Bandung Dewan 16:42 GMT April 22, 2004 Reply   
Mr coz,
there is another us data, The Weekly Leading Index.
It supplies the information for its monthly equivalent, The Weekly Leading Index -- Monthly, which is a high-frequency leading index of U.S. economic growth available very promptly

ny amc 16:38 GMT April 22, 2004 Reply   
ny yippee..............what are your thoughts here on aud/usd

Sydney Rosebery 16:37 GMT April 22, 2004 Reply   
Thanks Raden... I'm long EUR from 1.1871... real rollercoaster ride... will hold till first target 1.1915

OK SZ 16:36 GMT April 22, 2004 Reply   
ST, thanks you do the same..I get tired of the nit picking..hopefully when people post trades be it demo or live we don't hammer them for it...anyway I am off my soap opera for now..euro looks to be a long...my euro pivot for intra day was 1.1844 by the way..gl,gt

Ina mr.co'z 16:36 GMT April 22, 2004 Reply   
ok dewan ..thx !

Indonesia Solo Raden Mas 16:33 GMT April 22, 2004 Reply   
I don't trade usd/cad.
have a nice you.

Houston ST 16:31 GMT April 22, 2004 Reply   
OK SZ 16:21 GMT, good for you. have a good one.

Bandung Dewan 16:29 GMT April 22, 2004 Reply   
Ina mr.co'z 16:07 GMT April 22, 2004
not today, tommorow us data for durable goods order. expected drop.

Indonesia Solo Raden Mas 16:28 GMT April 22, 2004 Reply   
Sydney Rosebery 15:37 GMT April 22, 2004
I think about eur/usd is yes. 1.1923 and 1.2025

OK SZ 16:26 GMT April 22, 2004 Reply   
valdez, do not let others here stop you from saying what you choose to say about the markets...they are no better than you...your post is just as valuable as there's...

USA Biscuit Boy 16:26 GMT April 22, 2004 Reply   
Buying gbp/usd here for a quick 50 pips.

Milan ED 16:26 GMT April 22, 2004 Reply   
Quito,I was jocking......I think that i can learn a lot from someone like u who is very committed and cold!!!

Quito Ecuador Valdez 16:23 GMT April 22, 2004 Reply   
OK, forget it. I won't post trades. I have no one to impress. I was just being honest..demo traders DO post here btw and don't say so..I know some but I'm an honest Joe. I don't want to start even more squabbles and temper tantrums than we already have. I really wish Jay would make the page pubic where JUST TRADES and little comment were posted. All in favor say Aye! Will sit in the background and just learn. I can see if a deal went sour..all I want to know is what mistake I made if I can't figure it out..am very very self critical to get this right as I can. White flag of truce from Valdez and his burro, two of 10000000x newbies.

Stockholm za 16:23 GMT April 22, 2004 Reply   
OK SZ 16:17 GMT.....

You did not even THINK .....

Happy trades to you.....

OK SZ 16:21 GMT April 22, 2004 Reply   
closed my euro short from 68 at 40 +28...on live account...done for day will see ya all this evening....gl, gt

Dublin CK 16:20 GMT April 22, 2004 Reply   
Quito Ecuador Valdez 16:06 GMT April 22, 2004

Keep up the good work, continue with your demo account. Newbies can learn alot from one another, its more important to learn what went wrong in a trade and the reasons why than what went right.

I for one have no issue with you posting demo account possie's. I encourage it and any lessons you can derive from it as well.

The speed at which you type at times, has me thinking you have half the local pueblo (town in spanish) in a net cafe banging away for you.

SA M 16:18 GMT April 22, 2004 Reply   
Dallas GEP 15:31 GMT April 22, 2004

The ultimate CAR RACE 1/4 Mile Simulator.
Click on the link and choose car model
Very interesting!!!!!!

http://www.jsread.com/tvr/quartermile.htm

OK SZ 16:17 GMT April 22, 2004 Reply   
za, oh please that is just nonsense...if noone posted live or demo you never would have said that..who really gives a censored? I make money trading my account who cares what else is happening..

Quito Ecuador Valdez 16:17 GMT April 22, 2004 Reply   
Milan ED// yes, demo is hassle free in one respect but I treat my demo as MY MONEY..fact. Loss fears are still a distraction..I treat this as SERIOUS. It's the only learning tool I have & 250 some pages printed out of online tutorials, this forum, and other resources to study. Some say demo is good, others not. Everyone starts new, no PROM programmed into us at birth. I help newcomers in everything I do but that's just me, plenty folks here have helped me & others. I'm sure I will adapt to live trading in July once a little time passes no matter who says what..I'm determined to be a consistently good trader. This is learning time. Period. I don't take any more risks on demo that I would live. Bottom line, Jay, call this shot..it's your wagon. Thx, gl gt

Stockholm za 16:15 GMT April 22, 2004 Reply   

Well well well……. Just grate this forum is going to the ~ ¥
Just think what will happen to this forum when every
(10000000 *x ) newbe start posting their (100 * x)paper trade... ???
Good bye - & - Happy trades to all..................

HK Kevin 16:13 GMT April 22, 2004 Reply   
200 ma of USD/JPY at 110.46, think it would hold the bull.

Gold Coast martin 16:10 GMT April 22, 2004 Reply   
GENTLEMEN...if everyone was as motivated as quito to learn instead of being ego-driven they would learn a lot more..Quito is motivated and deserves the best chance possible to learn by publishing his demo trades...hey may be everyone else can learn something from it..good luck quito....

sf mike 16:08 GMT April 22, 2004 Reply   
Valdez// You have your reasons for posting demo trades. I think that is OK. But when you begin real trading, emotional pain will be involve. Just watch out for it when you go live.

Milan ED 16:08 GMT April 22, 2004 Reply   
will today be a reversal day for eur-usd????

Ina mr.co'z 16:07 GMT April 22, 2004 Reply   
hi all ! any expected for data to day? thx

Milan ED 16:06 GMT April 22, 2004 Reply   

well demo is an assle-free way of life.....

Quito Ecuador Valdez 16:06 GMT April 22, 2004 Reply   
sf mike// good question amigo. I post not to "sell" myself at all: nothing to sell, I'll always be 110% private. I post so other newcomers can see my "new comer action" and learn from my successes and mistakes and so gurus can critique me, therefore I want to post a fair amt of my actions as I so them, sucking up to mistakes. But if folks would rather I didn't I certainly won't..but since we have a LOT of new comers why not? I don't mind sharing but you guys do rule the board and I don't want to interlope. Jay, what's your call on this one amigo? I'm gettin' better at this. Cap up 11% from yesterday. I won't be offended.

OK SZ 16:01 GMT April 22, 2004 Reply   
guys, it really should not matter to you if it's demo or not...we trade our own signals or we should anyways...for all we know there are a lot of guys trading a demo who do not say it..I am short euro live at 1.1868...how is that

Quito Ecuador Valdez 15:59 GMT April 22, 2004 Reply   
Hi HC! the fact it's a demo..in what respect is this significant..trading lag time perhaps? Let us know so other new comers will not be confused with my data.

iw 15:59 GMT April 22, 2004 Reply   
B.A. BOCA 15:29 GMT April 22, 2004
sorry for long post, but good reading..

Paul Krugman, NYT: U.S. interest rates are likely to rise sharply

BA Boca, do you agree with Krugman's assessment? So we would expect the USD to rise and the housing bubble to burst?
appreciate your thoughts.

sf mike 15:56 GMT April 22, 2004 Reply   
Demo trading is not the same as the real thing. Why do you post? It's easy to sell strength on demo accounts because there is no pain.

Quito Ecuador Valdez 15:53 GMT April 22, 2004 Reply   
closed 1.1860 & 1.1867 a few more pips..yes, it's demo..finally up and running after HOURS of no server.Sorry for my omission of demo. Until July all post from Valdez will be demo.

London HC 15:47 GMT April 22, 2004 Reply   
Quito Is that your demo account? If so, you should mention it.

Quito Ecuador Valdez 15:42 GMT April 22, 2004 Reply   
shorted eur/usd @ 1.1867 for 2 possies

Quito Ecuador Valdez 15:37 GMT April 22, 2004 Reply   
shorted eur/usd @ 1.1860

Sydney Rosebery 15:37 GMT April 22, 2004 Reply   
Raden Mas... How do you see EURUSD travelling? Will it follow GBP UP?

Indonesia Solo Raden Mas 15:35 GMT April 22, 2004 Reply   
usd/cad.
good sell level is at range 1.3596 -1.3607.
good time for action is now.

Quito Ecuador Valdez 15:33 GMT April 22, 2004 Reply   
closed ueur/usd short @1.1866

Dallas GEP 15:31 GMT April 22, 2004 Reply   
Razvan, the maiden voyage on NEW motor is probably tonight or tom. 1/4 mile SPEED should be around 150 MPH @ 8.99. not bad for a street car driven a 19 year old!!!

130.30/35 area looks to be at least temp top for now on E/Y

hk ab nzd 0.6 15:31 GMT April 22, 2004 Reply   
closed the dlr/cad scalp.
Now, waiting high to short dlr/cad or low to long nzd @ the previous top and bottom.

Quito Ecuador Valdez 15:30 GMT April 22, 2004 Reply   
shorted eur/usd 1.1875

Indonesia Solo Raden Mas 15:30 GMT April 22, 2004 Reply   
still thinking for 1.7780 about gbp/usd. I think swing low as finished. now is working from 1 minutes chart, 5 minutes and 15 minutes to support 4 hours chart.
let's see chart now for each time frame.

B.A. BOCA 15:29 GMT April 22, 2004 Reply   
sorry for long post, but good reading..

Paul Krugman, NYT: U.S. interest rates are likely to rise sharply


Over the past two years, interest rates in the United States have been very low. Last June the 10-year bond rate hit a 48-year low. Even three weeks ago the rate was still below 4 percent, a level last seen in 1963.
.
If the economy fully recovers - or even if investors just think it will - interest rates will rise sharply. In its World Economic Outlook report, to be issued Wednesday, the International Monetary Fund urges the Federal Reserve to prepare the economy for higher rates to "avoid financial market disruption both domestically and abroad."
.
But how far will rates rise? Let's not get into Greenspan Kremlinology, parsing the chairman's mumbles for clues about the Fed's next move. Let's ask, instead, how much rates will rise if and when normal conditions of supply and demand resume in the bond market.
.
My calculations keep leading me to a 10-year bond rate of 7 percent, and a mortgage rate of 8.5 percent - with a substantial possibility that the numbers will be even higher. Current rates are about 4.3 and 5.8 percent, respectively; you can see why the IMF is worried about "financial market disruption."
.
Why 7 percent? Well, in the past 20 years the average yield on 10-year bonds has, in fact, been about 7 percent. Why shouldn't we think of that as the norm?
.
Some people say that unlike past interest rates, future interest rates won't include a premium for expected inflation. Indeed, over the past 20 years the average inflation rate has been 3 percent, considerably higher than recent experience. But in the first three months of 2004, prices rose at an annual rate of more than 5 percent. That number included soaring gasoline prices, but even the "core" price index, which excludes food and energy, rose at a 2.9 percent rate.
.
More to the point, investors expect considerable inflation over the next 10 years. The spread between "inflation protected" bonds, whose payments are indexed to the Consumer Price Index, and ordinary bonds indicates an expected inflation rate of 2.5 percent during the next decade.
.
So you can't claim that interest rates will be far below historical levels because inflation is gone. And on the other side, we need to think about the impact of budget deficits. That last sentence will send the deficit apologists to battle stations - sorry, I can't avoid politics completely. For many years, advocates of tax cuts have insisted that the normal laws of supply and demand don't apply to the bond market, and that government borrowing - unlike borrowing by families or businesses - doesn't affect interest rates. But there's no argument among serious, nonideological economists. For example, a textbook by N. Gregory Mankiw, now the president's chief economist, declares - in italics - that "when the government reduces national saving by running a budget deficit, the interest rate rises."
.
The Congressional Budget Office estimates this year's structural budget deficit - what the deficit would be if cyclical factors like a depressed economy went away - at 3.9 percent of gross domestic product. That's almost twice the average during the past 20 years. Standard estimates say this should push up 10-year interest rates by around 1 percent.
.
Finally, there's the upside risk. As I've pointed out before, the twin U.S. budget and trade deficits would set alarm bells ringing if we were a third world country. For now, America gets the benefit of the doubt, but if financial markets decide that we have turned into a banana republic, the sky's the limit for interest rates.
.
Now for the obvious point: Many American families and businesses will be in big trouble if interest rates really do go as high as I'm suggesting. That's why the IMF is urging the Fed to get the word out.
.
And one suspects that the fund, which, like Alan Greenspan, tends to convey messages in code, is firing a shot across Greenspan's bow. A number of analysts have accused Greenspan of fostering a debt bubble in recent years, just as they accuse him of feeding the stock bubble during the 1990s. Just two months ago, Greenspan went out of his way to emphasize the financial benefits of adjustable-rate, as opposed to fixed-rate, mortgages. Let's hope that not too many families regarded that as useful advice.

Quito Ecuador Valdez 15:26 GMT April 22, 2004 Reply   
Article link here.. something happened to link post below.

Indonesia Solo Raden Mas 15:25 GMT April 22, 2004 Reply   
Sofia KZ 15:04 GMT April 22, 2004
eur/gbp
up to get 0.7768 *top
for now is too danger entry because price is on the selling emotion to test 0.6677 or 0.6650 ,still good for buy but better wait that level for entry.

Quito Ecuador Valdez 15:25 GMT April 22, 2004 Reply   
"MF cuts 2004 France, Italy GDP forecasts" HERE. Added note: that's tip of iceberg for EUR -- 6 of 12 EU countries will fall short of EU guideline this year so says the EU. KerFLOP. EUR bulls will be McDonald's Mac Meals, USD bulls will order them for lunch. Then of course it will reverse just to please us FXers.

Milan ED 15:21 GMT April 22, 2004 Reply   
BOCA, u r right, but is seems that "developed counties deads" r more important....

B.A. BOCA 15:18 GMT April 22, 2004 Reply   
London 15:13 GMT April 22, 2004
N Korea train blast 'kills many' (BBC)

sad thing about this most of us will go 'hum...that's too bad' and move on. Imagine an accident like that in the US or Europe.....anyway, just a side note.

Indonesia Solo Raden Mas 15:14 GMT April 22, 2004 Reply   
hk ab nzd 0.6 15:01 GMT April 22, 2004
yes my friend.
stop loss if show you bid 1.3658 and TP is at 1.3476

London 15:13 GMT April 22, 2004 Reply   
N Korea train blast 'kills many' (BBC)

The North Korean leader's train passed through hours earlier
Up to 3,000 people have been killed or injured in a huge explosion after two fuel trains collided in North Korea, reports say.

The blast happened at Ryongchon station, 50km north of Pyongyang, South Korea's YTN television said.

The incident reportedly happened nine hours after North Korean leader Kim Jong-il passed through the station on his way home from a visit to Beijing.

Mr Kim had been in China to discuss North Korea's nuclear programme.

South Korea's Yonhap news agency said the colliding trains were carrying gasoline and gas, and that they crashed at around 1300 local time (0400 GMT).

Quito Ecuador Valdez 15:11 GMT April 22, 2004 Reply   
Razvan - no prob..you would not WANT to impersonate me. I'm an old skinny tall one eyed part Jew part Cherokee renagade newbie pipmonger. And that's my good points. I'f I don't burn your wagon I'll take your money. (:+/

GVI john 15:06 GMT April 22, 2004 Reply   
Razvan- fixed

GVI John

Quito Ecuador Valdez 15:05 GMT April 22, 2004 Reply   
Bucharest//no prob! Un brazo amigo. Betcha a cold one I'm right tho..no more talk, let's see. The actual "value" in terms of country or regional solidarity economically of eur/usd is around 1.10 max or less except for 1 factor: the USA's deficit problem. That can be softened, everyone knows it..not unsurmountable a "partial" softening process to show good "faith". When the world sees USA is deficit reducing, it'ill glide in nicely to the runway of 1.10 on confidence. We'll likely see a 1.25 blip (I hope for trading's sake!) to even things out a bit but overall in 1 year - 18 mos I see a 1.10 usd, whether Washington likes it or not and if geopoliticals don't intervene. A prime rate of 1.0% (or the future 1.5%) can only have so much leeway to decrease to lower the USD. Look at Japan, they're out of beans...no interest!

Sofia KZ 15:04 GMT April 22, 2004 Reply   
Raden your opinion about eur/gbp? TIA

hk ab nzd 0.6 15:04 GMT April 22, 2004 Reply   
farmacia, any aud trader you like?
I am planning to buy some nzd .6205 if not hit may consider .6224

hk ab nzd 0.6 15:01 GMT April 22, 2004 Reply   
Raden, u mean dlrca will go down soon?

Milan ED 15:00 GMT April 22, 2004 Reply   
Bandung Dewan thanks, i'll give a look!!

Indonesia Solo Raden Mas 14:56 GMT April 22, 2004 Reply   
for usd/cad players..
seen will down so far. IMO

Bucharest Razvan 14:55 GMT April 22, 2004 Reply   
D*mnn :| I wrote valdez as my name.. :) Jay will have my head! It was me, razvan.. i wanted to REPLY to valdez, not impersonate him!!

Bucharest Razvan 14:54 GMT April 22, 2004 Reply   
Hey all.. I'm back! :)

Valdez: It just tells you that, huh? Well, you can't beat these talking charts nowadays.. ;)

What I mean is, let's discuss the reasons behind your view. Dialogues like "I see it at 1.14.", "Nope. Wrong. I see it at 1.50" can't be too constructive.

No pun intended, mate.. i'm in my 5th non-smoking day since a looong time.. :)))

Oilman: very nice to have you back.. I'm more on and off these days, but you were away for a while if I recall correctly.

GEP: Hey there my friend! How's everything? How did your son do in the hot rod competition?? no no no that's the wrong question.. i should've asked: did you follow my advice and videotape his opponents begging for mercy? :)))

Farmacia: greetings, mighty wizard! ;)

Bandung Dewan 14:53 GMT April 22, 2004 Reply   
Milan ED 14:48 GMT April 22, 2004

see my view for gbp/usd and eur/usd before last posted. My indicator support it. The target maybe not today. In my strategi, I use Stop Loss.

ny amc 14:52 GMT April 22, 2004 Reply   
probably too much sand in his ears

melbourne farmacia 14:51 GMT April 22, 2004 Reply   
ny amc - the dude was looking to buy some "ice" for the weekend that's all.


London ADK 14:50 GMT April 22, 2004 Reply   
just kidding mate

London ADK 14:49 GMT April 22, 2004 Reply   
ny amc 14:39 GMT April 22, 2004 - Sound to me like just another surfer.....

Milan ED 14:48 GMT April 22, 2004 Reply   
Dewan, why?

Livingston nh 14:48 GMT April 22, 2004 Reply   
Yippee - your question about 'how long is a piece of string?" as introduction to a position analysis

Bandung Dewan 14:47 GMT April 22, 2004 Reply   
time for usd to get down now

london phil 14:44 GMT April 22, 2004 Reply   
thanks

NYC YIPPEE 14:44 GMT April 22, 2004 Reply   
WOW !

London ADK 14:44 GMT April 22, 2004 Reply   
Phil - North Korea, Ryongchon its about 20 kilometres from the Chinese border

NYC YIPPEE 14:43 GMT April 22, 2004 Reply   
FWIW Buying GBPUSD at 1.7687 stop 75.. Looking for 1.7760.

london phil 14:42 GMT April 22, 2004 Reply   
ham cla 14:37 GMT April 22, 2004
confirmed 3.000 dead in a train crash. both trains had fuel on. they crashed in a train station

any idea which country cla 3000 seems a lot for two trains

Quito Ecuador Valdez 14:41 GMT April 22, 2004 Reply   
1 day 6 mo eur/usd chart says to me 1.15-1.1400 in 1 month-45 days barring goepolitical interference. Critique me please.

ny amc 14:39 GMT April 22, 2004 Reply   
terror suspect arrested in sydney .looking to buy chemicals

Gen dk 14:38 GMT April 22, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Indonesia Solo Raden Mas 14:37 GMT April 22, 2004 Reply   
warning for usd/jpy players .
from my system I got info that too many sellers usd/jpy wait and will action when price touch 109.98-110.00
better exit for buying position there and try cut reverse.

ham cla 14:37 GMT April 22, 2004 Reply   
confirmed 3.000 dead in a train crash. both trains had fuel on. they crashed in a train station

Minnesota Mark 14:36 GMT April 22, 2004 Reply   
GBP/USD taking partial put position at 17701. Could go either way at this point. Still see downside to 175 in the next couple days.

OK SZ 14:35 GMT April 22, 2004 Reply   
yes I agree...on the sidelines as well

NYC YIPPEE 14:35 GMT April 22, 2004 Reply   
Livingston nh 13:55 GMT April 22, 2004
Whats that about then ??

Houston ST 14:34 GMT April 22, 2004 Reply   
SZ, just don't like the look of the eur/usd price action or chart at the moment; will keep watching it, but do plan on going long at some point. gl.

Indonesia Solo Raden Mas 14:31 GMT April 22, 2004 Reply   
be carefull in time range for 45 minutes from now gbp/usd is on the buying emotion.
check your own indicator please.

Indonesia Solo Raden Mas 14:30 GMT April 22, 2004 Reply   
In my survey.. more bigger time frame signal will give more energy.

Indonesia Solo Raden Mas 14:27 GMT April 22, 2004 Reply   
last view from 1 minutes chart.
seen gbp/usd wait confirmation from 5 minutes chart. please wait 5-10 minutes.
15 minutes chart until 4 hours chart is okay.
hope not loose this nice moment.

OK SZ 14:26 GMT April 22, 2004 Reply   
agree, euro has support at 1.1874 so might try small long here

Swiss DG 14:24 GMT April 22, 2004 Reply   
Mark,
Thanks for the advice. I will follow and see how it goes, but might sell at 1.7750 or at least set my SL at 1.7750 if we reach...

Houston ST 14:24 GMT April 22, 2004 Reply   
SZ, I think you'll see it today or tomorrow. I predicted the eur/usd to close Friday @ 1.1965/85 range, so we shall see. looking to reload at some level today.
luck to us both.

Gen dk 14:22 GMT April 22, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

OK SZ 14:19 GMT April 22, 2004 Reply   
I went long at 1.1843 and sold at 119..flat at the moment and placing a sell order at 1.1970 for now

Stockholm za 14:19 GMT April 22, 2004 Reply   
fwiw ........
GBP/USD :- ~1,7725 = Value pivot + ema 55 ( 30min.)
Happy trades ......

Milan ED 14:19 GMT April 22, 2004 Reply   
i am still quite bullish on eur-usd, i dont think it can avoit testing 1916

Minnesota Mark 14:17 GMT April 22, 2004 Reply   
Sorry previous was for Swiss DG 14:04 GMT April 22, 2004

Houston ST 14:16 GMT April 22, 2004 Reply   
OK SZ, yes Tulsa is a nice place. I still have many relatives there, as well as Bixby. FX market is interesting again today.
sold some eur/usd on last rally; just covered. looking for next opportunity. how about you?
gl/gt.

Minnesota Mark 14:16 GMT April 22, 2004 Reply   
London BM 13:05 GMT April 22, 2004

You went long GBP/USD @ 17750?

Raden is calling for 17780 which is fine, but, once it crosses 17750 I'm going to go short again looking for 17550.

SF MRZ 14:15 GMT April 22, 2004 Reply   
Eur being sold across the board??

Indonesia Solo Raden Mas 14:14 GMT April 22, 2004 Reply   
it's time for gbp/usd.
go.

Quito Ecuador Valdez 14:13 GMT April 22, 2004 Reply   
FWIW I see a top forming in 1min 6 hr candlestick chart eur/usd..almost time to place a 70 pip short (or 120+ total in GEP's pip raids!) down the hill. Short now under 1.902-5 next peak, s/l 1.916-20, limit 1.1835. Critique please!!

melbourne farmacia 14:11 GMT April 22, 2004 Reply   
ab - very nice fibo bounce on aussie...

Indonesia Solo Raden Mas 14:11 GMT April 22, 2004 Reply   
4 minutes again.. boom !!

Milan ED 14:10 GMT April 22, 2004 Reply   
Nottingham, res even at1916, if if close above that, tomorrow...big rise!!!

OK SZ 14:08 GMT April 22, 2004 Reply   
ST, yes my wife is from tulsa and we go up there quite a bit to see her folks..great area..gl, gt to you also

Houston ST 14:06 GMT April 22, 2004 Reply   
SZ, I was born in Tulsa and grew up in Bixby. Nice to see you. Good trades today.

Nottingham 14:06 GMT April 22, 2004 Reply   
euro...1.1907 1.1935 key resistance levels...clean breaks at either will induce short covering...gl gt

OK SZ 14:05 GMT April 22, 2004 Reply   
ST, I am located in edmond, oklahoma..

Indonesia Solo Raden Mas 14:05 GMT April 22, 2004 Reply   
acceleration move up fror gbp/usd will do after 11 minutes from now.. nice !!

Swiss DG 14:04 GMT April 22, 2004 Reply   
Hi Raden,
I wish you are right, I am holding my lond GBP since last night 1.7750. I nearly died with -120 pips this morning, but fortunately I did not loose me nerves and kept my positions.

Indonesia Solo Raden Mas 14:02 GMT April 22, 2004 Reply   
buy at 1.7707 for gbp

Perth Damon 13:59 GMT April 22, 2004 Reply   
EUR/Aussie is breaking short term resistance. Does anyone have an upside target?

Indonesia Solo Raden Mas 13:58 GMT April 22, 2004 Reply   
ok. gbp/usd have nice bid number at 1.7710 as the low before start to get 1.7780, be carefull selling attack from 1.7780 !!!!
let's go !!

Nottingham 13:57 GMT April 22, 2004 Reply   
nyc tony 13:04 GMT

1.35 1.3440...also the trusty 10 day sma (which happens to come in around the level of the latter)...all should serve as good levels of support, but as always it's important to follow the buy good dips/sell good rallies strategies rather than try to follow breakouts as the pair is slave to the muddy fundamentals that comes from having a direct relationship with the US (economy) i.e. there should normally be plenty of two way trade no matter what the (US) fundamental data happens to be which makes for plenty of retracement potential from all levels...gl gt

Houston ST 13:57 GMT April 22, 2004 Reply   
SZ, where are you located?

OK SZ 13:57 GMT April 22, 2004 Reply   
euro is bouncing off my r1 at 1.1901..should break soon

Quito Ecuador Valdez 13:56 GMT April 22, 2004 Reply   
..'nother thing...rate hike does not necessarily equal consumer interest hike, it doesn't work like that. That's already been priced in by most lending institutions, likely will be somewhat priced into FX.

Nice predictable 20 pip swings for pip rading but my demo platform is OUT of order, can't play. Uh, where's 1.17-1.15? :^)

Our hearts go out to Saudi Arabians forthe recent attack. No one deserves to die. It's a real stupid world out there, "Toto, we're not in Kansas anymore".

HK Kevin 13:56 GMT April 22, 2004 Reply   
hk ab nzd 0.6 13:47 GMT, how are you? Look at the price action, seem the Conts still have a downleg before the m/t reversal. Currently, I am long EUR from 1.1820, Cable 2.7658 and short USD/JPY at 109.56.

Indonesia Solo Raden Mas 13:56 GMT April 22, 2004 Reply   
test

Houston ST 13:56 GMT April 22, 2004 Reply   
NYC YIPPEE, I sold too soon, but was glad to get 130.08 after nursing it for a day. gl/gt.

Livingston nh 13:55 GMT April 22, 2004 Reply   
YIppee - was very impressed to see your introduction of STRING THEORY to Forex earlier

B.A. BOCA 13:53 GMT April 22, 2004 Reply   
this thing could get moving after 14.00gmt...

NYC YIPPEE 13:52 GMT April 22, 2004 Reply   
YIPPEE !!! 130.30 EURJPY !

Milan ED 13:52 GMT April 22, 2004 Reply   
...but the last ecb trichet comments are very dovish on hcpi, which might mean that he want to cut very very soon, because he cannot wait a possible imminent Fed cut....

Bandung Dewan 13:50 GMT April 22, 2004 Reply   
SURABAYA GINTA 12:28 GMT April 22, 2004
halo se bangsa se tanah air, tolong give me suggest about GBP?

Maybe I can help you a little
Buy gbp/usd at 7670; SL: 7645; TP: 7890.
Sell usd/chf at 3155; SL: 3185: TP: 3050.
Buy eur/usd at 1871; SL: 1835; TP: 1959.
GL

OK SZ 13:49 GMT April 22, 2004 Reply   
Valdez, the market has already priced in 2 rate hikes...but agree with your premise..gl,gt

hk ab nzd 0.6 13:47 GMT April 22, 2004 Reply   
Hi everyone...

aud moves as usual....

Quito Ecuador Valdez 13:46 GMT April 22, 2004 Reply   
MTL JP//
your statement: "would he (AG) prefer to talk about raising rates rtaher than actually do it ?" has merrit. Answer: yes, he'd rather talk than act. Talking about it only staves off the EZ wolves and yields "tomorrow" to do it. The USA wants a weaker USD for handling the export deficit as I call it...trade deficit. So if the FED keeps assuring the EZ that it will raise rates yet does not, everyone's happy. My crystal ball is still broken but I'd say Oct-Nov would be earliest date for rate hike. Even so 1/4th of a percent is piddly..it shouldn't really do much other than the initial hype on forex which gives us a good up down profit taking time.

Nottingham 13:44 GMT April 22, 2004 Reply   
aussie options 7300 and 7320 at 14:00GMT

Milan ED 13:42 GMT April 22, 2004 Reply   

eur-usd: well just looking at the price action of the previous hour, its quite bullish.....

SF MRZ 13:38 GMT April 22, 2004 Reply   
Stop reverse Eur/$ @ 1.1898 target 1.1955

ny amc 13:36 GMT April 22, 2004 Reply   
stop on eur/chf is 1.5617 tp is 1.5515

ny amc 13:35 GMT April 22, 2004 Reply   
dallas..........i joined you at 1.5582

pt.... 13:35 GMT April 22, 2004 Reply   
well.... in this forum you never know wish way we shoould go...so,,,,i bought some euros and i sold some usd..in end i tell you who is rigth...tx u...great help this forum so many diferent opinions....see u next week...byee amigos

Melbourne Qindex 13:34 GMT April 22, 2004 Reply   
USD/CHF : Current Comment.  Register with [email protected] if you have no access to my page.

Dallas GEP 13:34 GMT April 22, 2004 Reply   
STOP on eur/chf is 1.5640 and TP is 1.5530

Dallas GEP 13:32 GMT April 22, 2004 Reply   
Took EUR/CHF short @ 1.5590.

SF MRZ 13:28 GMT April 22, 2004 Reply   
Bottom fishing Eur/$ to TP and reverse to long on nice dip. Looking for nice price entry for fri or monday.

Dublin Flip 13:28 GMT April 22, 2004 Reply   
JP that was to yourself....

Livingston nh 13:26 GMT April 22, 2004 Reply   
Might be some EUR strength next week into the EU expansion date with some resistance at 1.22

Dublin Flip 13:26 GMT April 22, 2004 Reply   
The other thing to consider is that the unless AG goes berzerk hiking rates (which he obviously wouldn't on any scenario) US real intrest rates are become lower and lower despite higher yields. i.e that can't keep up and won't for along time. So real inflation adjusted return is el crappo and therefore US (non tips) tresuries should be avoided. I think the reason we are seeing the equities hold up is because like property it's always thought of as a hedge on inflation but Not if stagflation became a risk somewhere down the track though. As I said a few days ago people read rates higher buy USD but American assets are the most over-valued of all and at these levels you are buying them thanks to the latest FX moves 8-10% more expensive. I'm not saying USD can't go higher for a while but remember most of the buyers are exiting US Fed funded carry trades (liquidating) not actually looking to buy more USD assets (initiating).

Milan ED 13:21 GMT April 22, 2004 Reply   
bought some eur-usd looking at the hourly chart.....

SF MRZ 13:20 GMT April 22, 2004 Reply   
sold some Eur/$ here

telaviv dor 13:15 GMT April 22, 2004 Reply   
sorry Qindex ,I am slow , but now i got it , thanks .

Sofia KZ 13:13 GMT April 22, 2004 Reply   
Hi guys, what about eur/gbp short term picture. Does anyone have a opinion? TIA

Minnesota Mark 13:12 GMT April 22, 2004 Reply   
London BM 13:05 GMT April 22, 2004

IMO Cable will pop a bit further up, looking for 17750 area to go short again down to 17550.

Mtl JP 13:11 GMT April 22, 2004 Reply   
nh 12:58 / Greenspan categoricaly stated that deflation is no longer a concern. Really.. would he prefer to talk about raising rates rtaher than actually do it ? What can one expect IF rates actually rise on the estimated $150 trillion mountain of derivative debts (variously and dubioulsy backed) and a $2K mortgage becomes $3K (or more) ? That is the kind of price-inflation that can actually cause deflation in other goods/services as the Pavlov order of priorities kicks in.

Melbourne Qindex 13:10 GMT April 22, 2004 Reply   
telaviv dor 13:09 GMT - Women's general opinion.

telaviv dor 13:09 GMT April 22, 2004 Reply   
thank you Qindex , could you pls explain the meaning of this sleng . GT&GL

ham cla 13:08 GMT April 22, 2004 Reply   
EUR/CHF: ny bank on the bid here at 1.5568/73

London BM 13:05 GMT April 22, 2004 Reply   
Long on cable? Any thoughts/opinions?

nyc tony 13:04 GMT April 22, 2004 Reply   
Well, I guess it's time to take some dough off the table so to speak. Now is the time for a quick retracement of the usd/cad imho. This recent dip way down to 1.30xx and back up to present levels can really be attributed to eur/cad initially. Kudos to nottingham for his analysis on that pair. Anyone interested in why should check the dailies....

I am closing all my open lots from 1.3180 (5) and leaving the rest from below that open for the bigger picture (10). FWIW

Good trades.....

Livingston nh 12:58 GMT April 22, 2004 Reply   
The Fed has a problem - Q1 inflation in CPI and PPI is running at better than 5% but G'span sees no broad inflation pressures (of course he couldn't see the equity bubble either) - employment is coming around gradually and GDP is due next week // folks are talking about August or November raate hikes - monetary policy lags so can the Fed wait 6 months ??

Melbourne Qindex 12:57 GMT April 22, 2004 Reply   
telaviv dor 12:53 GMT - Women's Talk, It is just a slang in cantonese.

SF MRZ 12:56 GMT April 22, 2004 Reply   
Was a Eur/$ just on a stop run? Maybe better trades friday or monday. Guessing strong Eur next month?

telaviv dor 12:53 GMT April 22, 2004 Reply   
thank you FK , but my question was obviously to those who use the term to explain it to me & to those who dont know like me & you . pls what is the meaning of c9 ???

Gen dk 12:51 GMT April 22, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

OK SZ 12:49 GMT April 22, 2004 Reply   
well have we seen the high for the euro today?

Melbourne Qindex 12:35 GMT April 22, 2004 Reply   
USD/CAD : Speculative selling will increase if the market can penetrate through the barrier at 1.3534 - 1.3567.

Melbourne Qindex 12:34 GMT April 22, 2004 Reply   
Melbourne Qindex 07:34 GMT April 22, 2004
GBP/USD : My current expected trading ranges are 1.7623 - 1.7702 - 1.7781.

SURABAYA GINTA 12:33 GMT April 22, 2004 Reply   
thanx fox, anybody else??

Melbourne Qindex 12:33 GMT April 22, 2004 Reply   
ny amc 12:30 GMT - Not particular, I guess it is range bound for the time being.

ham cla 12:32 GMT April 22, 2004 Reply   
PPI +0.5% core up 0.2
JOBS -9k to 353.000

Melbourne Qindex 12:32 GMT April 22, 2004 Reply   
Melbourne Qindex 06:52 GMT April 22, 2004
EUR/USD : Daily Cycle Quantised Levels


... // 1.1767 - 1.1792 - 1.1816 - 1.1840 - 1.1865 - 1.1889 // 1.1913 ... 1.1962 ... 1.2060 ...

nyc fxdh 12:30 GMT April 22, 2004 Reply   
initial claims..... down 9,000
ppi up .5

ny amc 12:30 GMT April 22, 2004 Reply   
melbourne.............do you have any thoughts on eur/chf. thanks

Melbourne Qindex 12:29 GMT April 22, 2004 Reply   
AUD/USD :The current expected trading ranges are as following :-


... 0.7155* ... // 0.7233 - 0.7272 - 0.7311* - 0.7404 - 0.7496 // ... 0.7680 ...

San Roque FK 12:29 GMT April 22, 2004 Reply   
telaviv dor 12:06 GMT April 22, 2004

If i knew i would tell u. Try a search in archives (link is at the top of the forum)

SURABAYA GINTA 12:28 GMT April 22, 2004 Reply   
halo se bangsa se tanah air, tolong give me suggest about GBP?

Chicago YM 12:28 GMT April 22, 2004 Reply   
morning all

Melbourne Qindex 12:27 GMT April 22, 2004 Reply   
Melbourne Qindex 07:44 GMT April 22, 2004
AUD/USD : The market is likely to consolidate at 0.7272 - 0.7311 - 0.7404 for the time being. Projected supporting and resistant point is expected at 0.7233 and 0.7496.

AUD/USD : the following is going to happen many days later.

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* // ...

SURABAYA GINTA 12:26 GMT April 22, 2004 Reply   
mr. co'z, r u there?

Dallas GEP 12:19 GMT April 22, 2004 Reply   
LARS, techically I have no GBP/USD positions. That is what I meant.

Nottingham 12:17 GMT April 22, 2004 Reply   
Dallas GEP>>>ditto eurjpy...but watch 130.70/90 which needs to be convincingly breached to point to more substantial gains toward 131.50/132...you do choose trade some difficult pairs btw...gl gt

Nottingham 12:11 GMT April 22, 2004 Reply   
Dalls GEP>>>don't trade that pair and very rarely touched here these days, but fwiw if today's dollar decline runs into the business end of the US session then highly unlikely that the pair will have enough to take on and beat option related selling up to 110...gl gt

Tromsoe Lars 12:10 GMT April 22, 2004 Reply   
Dallas GEP 12:05 GMT April 22, 2004

Sir, you are long Pounds.

SURABAYA GINTA 12:08 GMT April 22, 2004 Reply   
HALLO TRADERS...
give me some opinion about GBP now please...

Gen dk 12:07 GMT April 22, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Miami OMIL (/;-> 12:07 GMT April 22, 2004 Reply   
I have a weak buy intraday signal and fibo retracements are 1.1890-95, 1.1925-30 and 1.1960-65 with resistance around 1.1940-45 and 1.1980-85 for the moment IMHO. GL GT

telaviv dor 12:06 GMT April 22, 2004 Reply   
pls, could somebody explain me what c9 means . TIA

Dallas GEP 12:05 GMT April 22, 2004 Reply   
NOTTY, sorry I meant EURO/JPY

Dallas GEP 12:05 GMT April 22, 2004 Reply   
NOTTY, where exactly do you think USD/JPY will go from here???

BTW guys, currently SHORT Eur/jpy, SHORT Euro/GBP, SHORT Euro/AUD (from 1.6333). No pound or euro possies right now.

ipoh 12:05 GMT April 22, 2004 Reply   
today dow jones what trend?

Houston ST 12:04 GMT April 22, 2004 Reply   
yes I am; don't think $Bull run is over, but due to profit-taking and upcoming G7 expect it to cool off. Today/tonight will tell the tale; lots of price action left for the week, but no conviction either way this ten seconds. will post if I see anything different. good trades.

B.A. BOCA 12:02 GMT April 22, 2004 Reply   
look for short-term, short $ specs to square before news..

ham cla 12:01 GMT April 22, 2004 Reply   
1.3590 should read

ham cla 12:00 GMT April 22, 2004 Reply   
USD/CAD: big swiss name bought from 1.3090 to the figure.

London SR 11:59 GMT April 22, 2004 Reply   
Houston ST: No shame in covering! Ive only got a small five lot (mini) position on the deck for 1930--the way I trade I am happy with it as my expectations are we will see lower lows in the pair soon to come. Thinking of getting in at 1.20 if seen ST?

Nottingham 11:59 GMT April 22, 2004 Reply   
road, things would be getting out of hand above 6760, but strictly speaking it wouldn't be a primary o/b...problem is this pair has a huge long term deviation despite its apparent stable day to day performance, so waiting for strict guaranteed o/b or o/s means maybe only a handful of signals per year...with that in mind its better to focus on important levels and work off those...today we have 6666 6680/85 6700/05 6710/15 6725/27 6757 6775...gl gt

Minnesota Mark 11:53 GMT April 22, 2004 Reply   
GBP/USD - Dumped Put option @ 17654 looking for a bounce to the 17750 area then ride 'er back down to 17550.

Houston ST 11:51 GMT April 22, 2004 Reply   
London SR, the way the eur/usd is holding it's head up you could see that level soon. chickened out and covered @ 1.1869; running to the sidelines to watch for now.
gl/gt.

beijing road 11:43 GMT April 22, 2004 Reply   
Nottingham: any O/B level on EUR/GBP plz? Thanks.

Milan ED 11:42 GMT April 22, 2004 Reply   

What will be stronger: Mar PPI or Jobless??

London SR 11:37 GMT April 22, 2004 Reply   
looking for a sell on the Eur in the 1917-1930 range, though there is a possibility that it can go and test the channel at circa 1.20

Houston ST 11:35 GMT April 22, 2004 Reply   
sold some eur/usd @ 1.1879;$Bulls still in charge?
gl/gt.

GVI john 11:32 GMT April 22, 2004 Reply   
This report is posted twice daily on GVI. For information on how you can access GVI, contact j[email protected]
STRATEGY SESSION --New York Open
Opening Levels:
eur/$ 1.1875…$/yen 109.50
DJIA -20 pts… 10-yr 4.41%, -3 bp
PERSONAL OPINIONS:
For a broad range of opening levels click on GVI’s “Market Tracker”:
CLICK HERE


FULL TEXT ON GVI



nyc fxdh 11:30 GMT April 22, 2004 Reply   
excuse Raden...buy yen or $yen....thaks

Los Angeles sls 11:24 GMT April 22, 2004 Reply   
Raden, what's your take on GBPvsUSD at these levels (1.75)?

Gen dk 11:24 GMT April 22, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Houston ST 11:21 GMT April 22, 2004 Reply   
tp on eur/jpy length @ 130.08; thanks Mr. Mkt.
gl/gt today to all.

Genoa nic 11:01 GMT April 22, 2004 Reply   
Thanks a lot BC. IMVHO we will soon check market mood with jobless claims: would like to see a buy the dip approach on a good number...

Indonesia Solo Raden Mas 10:59 GMT April 22, 2004 Reply   
4 minutes again

Indonesia Solo Raden Mas 10:57 GMT April 22, 2004 Reply   
cb jc 10:50 GMT April 22, 2004
if price stay arround here for 7 minutes from now.. good for buy

Jakarta FOX 10:54 GMT April 22, 2004 Reply   
Any opinion about JPY in next few hours ... ?

shanghai bc 10:52 GMT April 22, 2004 Reply   

NIC -- Good evening..There may be a good bounce of falling Eur/Usd towards 1.20 in a few days..Then,Dollar bounce is not over yet ..Imho..Good trades..

cb jc 10:50 GMT April 22, 2004 Reply   
raden mas..... need your views on cable.TIA

Indonesia Solo Raden Mas 10:46 GMT April 22, 2004 Reply   
hello friends

Genoa nic 10:42 GMT April 22, 2004 Reply   
Good aftenoon BC

Pulling back to 1.21's prior to 1.16's? TIA

Nottingham 10:22 GMT April 22, 2004 Reply   
beijing road

sorry for that secondary aussie should be +/- sma not ema

shanghai bc 10:20 GMT April 22, 2004 Reply   
..making it hard for Eur/Usd to fall.....

shanghai bc 10:19 GMT April 22, 2004 Reply   

Same move as yesterday..Eur/Gbp and Eur/Jpy rising making it hard for Eur/usd to make any gains..Second day of warning sign to Euro bears..Fwiw..

ham cla 10:18 GMT April 22, 2004 Reply   
Nottingham tks alot! gl gt

Brisbane l 10:17 GMT April 22, 2004 Reply   
BoE's Lambert: Neutral Interest Rate Is Higher Than 4.0%

Nottingham 10:16 GMT April 22, 2004 Reply   
beijing road 10:07 GMT

audusd has the greatest tendency to overshoot so it's least advisable in that pair if you want a result on the same day...at the same time, the day is young and since intraday action has no effect on daily chart, the same trade should work, the only difference being that the likelihood of it running over into Friday or Monday increases...if you wish you can try to wait for a run to secondary o/s which today convieniently comes in at the 200 day ema +/- a pip...gl gt

beijing road 10:09 GMT April 22, 2004 Reply   
sorry, NOt E/U but E/Cad.

Nottingham 10:08 GMT April 22, 2004 Reply   
ham cla 09:55 GMT

our trader has been selling 6.23 retest today but momentum said to be waning...they would like to see a break 6.09 to relight downside momentum...gl gt

beijing road 10:07 GMT April 22, 2004 Reply   
Nottingham : thanks, I already booked profits on E/U and A/U.
Do you think we can try them one more time plz?

Nottingham 10:02 GMT April 22, 2004 Reply   
beijing road...watch 6715 on eurgbp...if it blows to the upside cable will likely hit primary o/s shortly after...gl gt

Brisbane L 10:00 GMT April 22, 2004 Reply   
The UN Security Council has approved an investigation into reports of massive corruption in the UNThe allegations come at a sensitive time for the UN which is involved in mapping out Iraq's political future.

ham cla 09:55 GMT April 22, 2004 Reply   
SILVER: us investment bank has been a good seller for the past 20 mins or so (approx 1 mln)

beijing road 09:42 GMT April 22, 2004 Reply   
Nottingham: thks.

hk ab nz 0.65 09:34 GMT April 22, 2004 Reply   
leave limit on eur long 1.1775, finish the day needed.

hk ab nz 0.65 09:34 GMT April 22, 2004 Reply   
add more aud/nzd 1.1710 short.

Gen dk 09:28 GMT April 22, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

hk ab nz 0.65 09:26 GMT April 22, 2004 Reply   
nt, some c9 in f-news didn't....
now they enjoying short cable....

anyway, gtg, will see ya all in NY.

Nottingham 09:23 GMT April 22, 2004 Reply   
aussie primary o/s just did target

Mumbai jay 09:22 GMT April 22, 2004 Reply   
Dr.Q.. Your thoughts on GBP/USD PL? Looks set for a squeeze higher to me..TIA

TelAviv DOR 09:17 GMT April 22, 2004 Reply   
what C9 mean . TIA & GT

hong kong nt 09:13 GMT April 22, 2004 Reply   
AB -- most c9 waved thier white flags y'day...

QC WC 09:12 GMT April 22, 2004 Reply   
Qindex, how abt Usd/chf? Is it going to correct as well?

hk ab nz 0.65 09:04 GMT April 22, 2004 Reply   
nt// now it looks like the bloody shake out of c9 uncle. vigorous enough.

Nottingham 09:01 GMT April 22, 2004 Reply   
euraud...now testing a previous primary o/b at 1.6310/15

Nottingham 08:59 GMT April 22, 2004 Reply   
aussie primary o/s just hit 7245...gl gt

hk ab nz 0.65 08:59 GMT April 22, 2004 Reply   
aud crosses unwinding.

hk ab nz 0.65 08:52 GMT April 22, 2004 Reply   
interesting thing on aud.....
martin's .7155?

hk ab nz 0.65 08:39 GMT April 22, 2004 Reply   
nt, I am thinking about stealing chicken eur at 1.18...

hk ab nz 0.65 08:34 GMT April 22, 2004 Reply   
london opens buying eur.

hk ab nz 0.65 08:33 GMT April 22, 2004 Reply   
aud/nzd first target 1.1614 daily sma 10

hk ab nz 0.65 08:26 GMT April 22, 2004 Reply   
i hear people yelling cable short in another c9 forum. Cautions....

Nottingham 08:25 GMT April 22, 2004 Reply   
road, cable is the only one anywhere near levels resembling o/s and the levels I have for that pair are 1.7585 and 1.7503...euro has not been o/s since early March and is it "due" a run into panic territory but lately it doesn't seem to move fast enough, with the gradual decline being very orderly...some are looking for a blowout around this 250 day sma, where we are now, and it will certainly need it as euro isn't o/s until it reaches levels close to 1.17 today...the exuberance indicator has reversed slightly meaning primary o/s closer to 1.1650 but I think given the technical developments, conventional methods will do and longs from 1.1710 down should return positive results...some intraday accounts may go long ahead of this in the 1.1745/25 zones, but these would be strictly daytrades unless the individuals were fortunate enough to catch a reaction low reversal...gl gt

Baz JW 08:25 GMT April 22, 2004 Reply   
Melbourne Qindex 06:26 GMT - Thank you so much Dr. Q.

hk ab nz 0.65 08:22 GMT April 22, 2004 Reply   
Qindex, million thanks.

beijing road 08:12 GMT April 22, 2004 Reply   
Nottingham: your magic number plz? thanks.

Nottingham 08:10 GMT April 22, 2004 Reply   
eurgbp...resistance at 6700/05...approaching neckline of daily shs...a move above 6715 confirms break out, particularly if on a closing basis...failure to followthru/or return to sub 6710 levels suggests there will have been a false break and you should guard against a move under 6698...gl gt

Melbourne Qindex 07:48 GMT April 22, 2004 Reply   
hk ab nz 0.65 07:42 GMT - USD/JPY : Will run the analysis later today.

Melbourne Qindex 07:46 GMT April 22, 2004 Reply   
Ldn Hat 07:37 GMT - It is possible but unlikely today.

Melbourne Qindex 07:44 GMT April 22, 2004 Reply   
AUD/USD : Current Comment.  Register with [email protected] if you have no access to my page.

hk ab nz 0.65 07:42 GMT April 22, 2004 Reply   
nt, I seldom do stocks, thanks.
qindex, how about dlr/jpy? any clue? special thanks.

hong kong nt 07:38 GMT April 22, 2004 Reply   
AB -- HSI reaches 12000, a reasonable safe level for buying blue chips...

Ldn Hat 07:37 GMT April 22, 2004 Reply   
Melbourne Qindex Large stops below the 1.76 levels.. I am looking out for these, IMHO we will test those waters soon

hk ab nz 0.65 07:34 GMT April 22, 2004 Reply   
Think the crosses will bring the cable there.

Melbourne Qindex 07:33 GMT April 22, 2004 Reply   
GBP/USD : My current expected trading ranges are 1.7623 - 1.7702 - 1.7781.

Ldn Hat 07:31 GMT April 22, 2004 Reply   
IMHO a bing name is protecting 1.7620 at the moment..which will break soon IMHO


still aholding my shorts from the top levels and shorted more this morning at 1.7750 target 1.7550 stop 1.8000 IMHO

hk ab nz 0.65 07:22 GMT April 22, 2004 Reply   
gecko, now I join your ship.

hk ab nz 0.65 07:19 GMT April 22, 2004 Reply   
farmacia, thanks for the work on cable!

melbourne farmacia 07:16 GMT April 22, 2004 Reply   
ab - my system levels 1.7758 - 1.7711 -1.7665 - 1.7629 - 1.7606 - 1.7590. Was long 1.7665 yesterday and close on greeny words overnight. Today will watch the action first.

hk ab nz 0.65 07:12 GMT April 22, 2004 Reply   
dlrcad inching higher.

I may exit the current nzd long at .62 later and then reload again if this (cad) continues to spike up.

sgp sp 07:08 GMT April 22, 2004 Reply   
hk ab nz 0.65 07:01 GMT April 22, 2004

noted....2 possies and s/l in place for that....
thanks.

hk ab nz 0.65 07:08 GMT April 22, 2004 Reply   
farmacia, key-day reversal on cable?

Melbourne Qindex 07:05 GMT April 22, 2004 Reply   
Melbourne Qindex 01:21 GMT April 22, 2004
EUR/USD : it is likely that we have seen the daily low of the day if not the week in Asia time.


Melbourne Qindex 00:26 GMT April 22, 2004
Melbourne Qindex 00:25 GMT April 22, 2004
EUR/USD : The odds of reaching 1.1966 is much higher than 1.708. In the mean time the market is going to vibrate around 1.1837 with an expected magnitude of 65 pips, i.e. 1.1773 - 1.1837 - 1.1902.

MONACO OGA 07:04 GMT April 22, 2004 Reply   
FX UPDATE 22/04
Good morning,

***EUR***
EUR/USD (currently 1,1810), 20 pips lower than yesterday's opening. The pair consolidated around 1,1840, testing both sides (high 1,1915 - low 1,1779) and as expected Mr GREENSPAN said the US policy was now clearly leaning towards a monetary tightening, providing some support to the US unit.
On the flow front, we have seen some funds unwind some short USD positions and some carry trade positions as well. This will weight on the market and we expect to test 1,1720-30 by the end of the week. Support levels today : 1,1790 then 1,1750. Resistance around 1,1900. Overall we are still neutral on the medium term with a bearish bias on the short term.

Data out today:
UK M4 money supply Mar expected 0.6% 08.30 GMT
EUROzone industrial new orders Feb expected 0.6% 09.00 GMT
US initial jobless claims expected 340K 12.30 GMT

Gold at 391.50 on USD rebound, with WTI May at 35,73

***JPY***
USD/JPY (currently 109,40) broke 109,15 resistance on firm US currency against other major currencies as noted yesterday (high 109,63). Support at 108.70 and a more significant one at 108.20. Next resistances at 109,75 then 111,20.
EUR/JPY (currently 129,20) hovering inside 128,50 / 130.00.

***GBP***
Cable (currently 1,7680) has been offered on the back of carry trade unwinding. 1.76 level seems to be attracting the market. On the upside, 1,7800 should provide enough resistance to cap the market for today.
EURGBP (0,6680) broke on the upside and stopped ahead of 0.6700 . We are neutral on the cross once again today inside a 0.6660-0.6700 range.
Have a nice day,

Olivier

Minneapolis DRS2 07:02 GMT April 22, 2004 Reply   
Now that AUD/USD is back around 0.7275, I'm wondering whether to go long or short. This will be the third (or fourth) time in 24 hours that it's trying to punch through support here, and I'm wondering if it'll make it...

hk ab nz 0.65 07:01 GMT April 22, 2004 Reply   
other majors follow.

melbourne farmacia 07:01 GMT April 22, 2004 Reply   
ab - daily trend line support.. might see drop below and a close higher etc...

hk ab nz 0.65 07:01 GMT April 22, 2004 Reply   
sp// last reminder b4 u go.
I think a s/t (monthly)reversal will be seen on nzd first I guess.

sgp sp 06:58 GMT April 22, 2004 Reply   
ok...done!

hk ab nz 0.65 06:56 GMT April 22, 2004 Reply   
Revdax and nt, May I have your Macau and c9 index please?

hkg fei 06:56 GMT April 22, 2004 Reply   
buy cable now stop 30 pips, looking for 1.80xx

hk ab nz 0.65 06:55 GMT April 22, 2004 Reply   
sp, 1.1790.

sgp sp 06:53 GMT April 22, 2004 Reply   
ab, u can tell me all abt it later....I will be pretty bz for a couple of hrs....maybe put up a limit sell near the end?
:)

Melbourne Qindex 06:52 GMT April 22, 2004 Reply   
Melbourne Qindex 06:52 GMT April 22, 2004
EUR/USD : Daily Cycle Quantised Levels


... // 1.1767 - 1.1792 - 1.1816 - 1.1840 - 1.1865 - 1.1889 // 1.1913 ... 1.1962 ... 1.2060 ...

hk ab nz 0.65 06:50 GMT April 22, 2004 Reply   
sp, I see aud/nzd reverse here or after an exhaustive spike in this week.

hk ab nz 0.65 06:49 GMT April 22, 2004 Reply   
famarcia, any view on cable?

the beast stopped at the same number again.

But my interest goes to eur long more.

Melbourne Qindex 06:47 GMT April 22, 2004 Reply   
hk ab nz 0.65 06:43 GMT - EUR/USD : I don't see any problem at this moment. The New York session is important.

hk ab nz 0.65 06:44 GMT April 22, 2004 Reply   
Hope the mkt is generous enough to gimme 1.1775.....

hk ab nz 0.65 06:43 GMT April 22, 2004 Reply   
eur rally may be seen delayed by 1-2 sessions.
Qindex// Always Top trades.

Bristol David 06:36 GMT April 22, 2004 Reply   
Dollar gaining this am

short cable and Euro

wisconsin tim 06:35 GMT April 22, 2004 Reply   
bye bye gbp/usd wow

Melbourne Qindex 06:26 GMT April 22, 2004 Reply   
Melbourne Qindex 06:03 GMT April 22, 2004
EUR/USD : After pulling back from the low of 1.1782 in Asia time the market is consolidating between 1.1813 - 1.1834 - 1.1859 before tackling the projected barrier at 1.1889 - 1.1908. Under extreme condition EUR/USD has a potential to test the upper level at 1.1962 - 1.2060.

Helsinki iw 06:21 GMT April 22, 2004 Reply   
Fwiw/ Yesterday EUR/USD made the corrective short-covering
move expected, but the fact that it didn´t even test properly
it´s first good resistance and was immediatly sold down is a
testimony to how heavy it still is. It now looks as this week
will close lower from current levels.IMHO.

Melbourne Qindex 06:03 GMT April 22, 2004 Reply   
EUR/USD : Current Comment.  Register with [email protected] if you have no access to my page.

Philippines newtrader 06:01 GMT April 22, 2004 Reply   
EUR/USD (1.1831)
Trading range: 1.1725 – 1.1865
Trend: Downward
The market broken one of the key levels at 1.18 reaching a new 5 months low at 1.1781. We expect to see new low to the end of the week affecting by the Greenspan speech for positive US economy. We expect to see new low, as on Friday we will see recovery of the market. Our strategy is to sell today for new lows of 1.1725.

USD/JPY Daily Forecast and Analysis
USD/JPY (109.26)
Trading range: 108.85 – 110.00
Trend: Neutral
The Yen trading will try to test the key 110.00 levels to the end of the week. But as overall we expect to see neutral trading. Place position for rally to 110.00 and close at 109.85.

Brisbane L 05:58 GMT April 22, 2004 Reply   
Gold Coast martin well just interested in now at the moment the later can look after itself (smile)good luck and thanks.

GER ad 05:57 GMT April 22, 2004 Reply   
HOUSTON KEN 05:32,
Cable is momentary in a consolidation; the strong sell of from last days may make the trading choppy.
Resistance ~1.7750,1.78,1.7850,1.7900
Support ~1.7660, 1.76, 1.7540... may go to 1.7375
IMHO is NO UPTREND in Cable for the moment.
GT & GL

Gold Coast martin 05:54 GMT April 22, 2004 Reply   
BRISBANE L//interesting article....bank analysts always have had to spin an upward bias on the aud for obvious bank reasons....but i guess they have to wear the bank hat and dance to the bank tune.....still the aud has still some downward bias left in the short to medium term...as for the long term,what actually develops during the short to medium term will determine the long term..

Brisbane L 05:43 GMT April 22, 2004 Reply   
Gold Coast martin agree political forum for Iraq, thought this may be of interest though emailed to me from a friend in singapore.
Michael Jansen, a currency strategist at National Australia Bank, says the Australian dollar could fall as low as US$0.7000 or US$0.6800. "The fallout that has been taking place the last few weeks, especially the last few days, is really just part of trying to find where the range parameters are going to be for the rest of the year," Jansen said. "I definitely don't think we are commencing a new medium-term trend lower," he said.
Commonwealth Bank of Australia technical analyst John Gajewski says Australian dollar charts suggest the currency will avoid setting a new medium-term decline. After some ranging in the US$0.7255 to US$0.7600 area, the long-term rally can resume for a test of the area between US$0.8000 and US$0.8600.

Rye, NY et 05:39 GMT April 22, 2004 Reply   
LA, California HDA 05:36 GMT April 22, 2004
It's OK.
There should be a blue frame on the right of your screen.
Scroll down to "Free Forums".
Click "Help".
If you don't have a blue frame, then close your browser, re-open and be sure to go to www.global-view.com
That should do it...

LA, California HDA 05:36 GMT April 22, 2004 Reply   
Rye, Ny
, I dont mean to sound stupid, but how do i get to the help forum.

HOUSTON KEN 05:32 GMT April 22, 2004 Reply   
can anybody tell me if this cable trend has an up trend?

Makati Obelix 05:28 GMT April 22, 2004 Reply   
Saint3 of LA. M happy with what m getting. I know my limits. Bottom-line, I know I can sleep well each night.

Sydney alimin 05:28 GMT April 22, 2004 Reply   
LA saint, how small is small when u can trade 10 minis=1 standard?

Gold Coast martin 05:26 GMT April 22, 2004 Reply   
LA saint....most people in here are serious traders....

Rye, NY et 05:23 GMT April 22, 2004 Reply   
LA, California HDA 05:21 GMT April 22, 2004
Click on the Help Forum on the right. I will post something for you there...

LA saint3 05:22 GMT April 22, 2004 Reply   
hi guys ...
so most of ppl in the forum here are playing mini?

But mini is so small, how can you make big money then?

Thanks for opinion

LA, California HDA 05:21 GMT April 22, 2004 Reply   
Makiti, I really appreciate the advice. Right now i am trading on a demo account with censored. By the way this is my first time chatting on a forum. Thanks again..

Makati Obelix 05:17 GMT April 22, 2004 Reply   
HDA of LA, California. On the contrary, greed is good....only if you know what you are doing. Get feet wet by playing demo account, if you are too itchy, then mini-account. Good luck to you.

hk ab nz 0.65 05:15 GMT April 22, 2004 Reply   
nt, not bad to take a short break..maybe we can put some effort in the stuff we discussed last night.

One of it is a ticker...

hong kong nt 05:09 GMT April 22, 2004 Reply   
AB -- after selling property, not in mood to trade for a while...

LA, California HDA 05:08 GMT April 22, 2004 Reply   
Makiti,
thanks for the advice. I am trying to inform myself about the subjects as much as possible....
Greed kills

Gold Coast martin 05:07 GMT April 22, 2004 Reply   
HK ..NT...not quite like that hk ...at the end the americans will do a commercial deal on iraq that on the surface looks like it may have benefits for UN members..just like when the us promised to award some contracts in iraq to their allies..whether this occurs is another story of course...

hk ab nz 0.65 05:05 GMT April 22, 2004 Reply   
nt, let him forward these towards PF.

How are you today?
You all need to wait till NY to see me in ya.

Makati Obelix 05:05 GMT April 22, 2004 Reply   
HD of LA, California. Play mini-account. Best advice given to me. Didn't listen. Got wipe out. Open a mini-account. Have since recovered.

Gold Coast martin 05:04 GMT April 22, 2004 Reply   
Sorry about all the political posts on this forum...but the iraq situation does affect the forex market.....

hong kong nt 05:03 GMT April 22, 2004 Reply   
Gold Coast martin 04:38 in the long term the americans may seek a united nations mandate over iraq which will draw other united nations members into the iraq situation and the financial burden will be spread across the board,


how? by blackmail? "dear UN members, please make a generous contribution to my game but no touch on the oil fields, if you don't listen, you may follow the footstep of Iraq"...


LA, California HDA 05:02 GMT April 22, 2004 Reply   
Good evening gentlemen,
I just turned 21 and I am a new currency trader>
any advice?

hk ab nz 0.65 05:01 GMT April 22, 2004 Reply   
looks like the eur/jpy and dlr/jpy together push the eur down bad....

I expected dlr/jpy down but now it's eur down instead.

Gold Coast martin 05:00 GMT April 22, 2004 Reply   
BRISBANE L..the reason why i brought up thr iraq situation is that i have it on good authority that a UN resolution down the track is a last gasp solution for the bush administration to improve their election chances thus easing the iraqi burden on the american taxpayer....should this occur it will be USD positive...still time will tell and we have to be ahead of the market when this occurs....

LTN th 04:57 GMT April 22, 2004 Reply   
Brisbane L 04:16 GMT // I posted a reply to this on political forum.

Brisbane L 04:51 GMT April 22, 2004 Reply   
Martin ,Regarding Iraq think the USA should not carry the weight of Iraq on their own shoulders. JIMHO

Gold Coast martin 04:49 GMT April 22, 2004 Reply   
BRISBANE L...like i posted yesterday ..let the market come to you and the current downtrend of the aud will certainly come to you...be patient...its hard to do but patience in this volatile market rewards and can cut out costly mistakes...

Brisbane L 04:46 GMT April 22, 2004 Reply   
Gold Coast martin I like you are looking for nearterm strength in the USD for a few weeks or months more, but cant see any permanent rally , looking for your levels on the aud hopefully they will come soon as its a real pain (Aud) bloody slow , like waiting for paint to dry.

hk ab nz 0.65 04:43 GMT April 22, 2004 Reply   
oilman, u said last night that there will be a pullback on dlrcad b4 1.41, do u expect it will happen soon? or we are actually marching towards that?

Gold Coast martin 04:43 GMT April 22, 2004 Reply   
HK..AB..NZD..if you read my last post to you in relation to the nzd(yesterday)you will know my position on the nzd....lets just hope that all of us can walk away with a profit from this pair...and remember:you will not go broke if you have made a profit....g/l g/t

Gold Coast martin 04:38 GMT April 22, 2004 Reply   
BRISBANE ...L..dont let the cost of the iraq situation on the u.s totally rule your rorex strategy and your opinion on the usd.While the cost of the iraqi exercise is weighing on the U.S current account account deficit,in the long term the americans may seek a united nations mandate over iraq which will draw other united nations members into the iraq situation and the financial burden will be spread across the board..right now the burden rests solely with the u.s and the handful of allies....in a nutshell while the iraq situation will cause some volatility on the usd it will not be the major determinant in its downfall...economic fundamentals will decide its fate..and right at this moment the short to medium term prospects for the usd look promising to say the least...g/l g/t

hk ab nz 0.65 04:20 GMT April 22, 2004 Reply   
I was so F myself that I can't fill the 1.1775 eur long due to greed.....

hk ab nz 0.65 04:19 GMT April 22, 2004 Reply   
martin, I think nzd is more or less enough here, I would anticipate about 205 pips overshoot underneath .62. Next would be a go to some fib from .71 to .62/.60....fwiw.

I enter my first lot at .6200 this morning.

hk ab nz 0.65 04:17 GMT April 22, 2004 Reply   
This nzd, no stop.

For the eur, I share same feeling with Qindex.

But before a prevailing reversal, many failing attacks will be seen.

I am not arguing the m/t view on more usd strength but the down move is often followed by tough upmove b4 next DIVE.

We just finished many dives, seem temprorarily, it's enough.

Brisbane L 04:16 GMT April 22, 2004 Reply   
This will no doubt be the downfall of the USD once the fuss has gone out of the rate hike talk

Iraq War Budget Could Face $4B
WASHINGTON (AP)--Increased violence in Iraq is pushing the cost of the war over budget, possibly by as much as $4 billion by late summer, the top U.S. military officer said Wednesday. And billions more will be needed for the rest of the year
The war is costing an estimated $4.7 billion a month, officials said. Defense officials are studying their current budget, which runs through Sept. 30, to determine whether some money can be moved from purchase programs or other Pentagon accounts, Myers said
White House officials have already said they would propose a separate bill after this fall's elections - costing up to $50 billion -to pay for the two wars. Because of increased costs, Rep. Duncan Hunter, R-Calif., chairman of the House Armed Services Committee, said he plans to add $20 billion for the current budget year to the 2005 defense bill now being considered. Administration officials have acknowledged they will need $50 billion for those wars. But the officials said they would not ask for it until after January -and after the presidential election in November.



ny 04:13 GMT April 22, 2004 Reply   
Where is your stoploss ab ?

hk ab nz 0.65 04:12 GMT April 22, 2004 Reply   
Friends, I exited all my nzd shorts now reverse to target .65

tampa jr 03:50 GMT April 22, 2004 Reply   
Yippee what do you have on the eur/usd ?

Ga Lee 03:49 GMT April 22, 2004 Reply   
1856 & 3192 fwiw..non-EBS, since N.Y. close

Lndn Frnd 03:42 GMT April 22, 2004 Reply   
i have seen fxcharts on euro 11778 chf 13201 but other screens showing 11797 euro and 13178 chf, so what is correct as got stop loss sell oda on chf at 132 ?

Quito Ecuador Valdez 03:32 GMT April 22, 2004 Reply   
Friends, it seems every hour someone asks for highs and lows on a pair, GV has provided this..please see FX Charts under 'Tools' link at the right side bar...very nice charts.

Quito Ecuador Valdez 03:29 GMT April 22, 2004 Reply   
..a day of spikes. Anyone know what caused THAT one just out of humble curiosity?

Lndn Frnd 03:26 GMT April 22, 2004 Reply   
can anyone help , what high on euro and chf , thnks

hong kong nt 03:22 GMT April 22, 2004 Reply   
Greenspan rescues gold at 390, silver at 600 line...

Brisbane L 03:21 GMT April 22, 2004 Reply   
NYC YIPPEE ok thks

NYC YIPPEE 03:14 GMT April 22, 2004 Reply   
No stopped at low. Still have EURUSD and EURJPY.

Brisbane L 03:03 GMT April 22, 2004 Reply   
NYC YIPPEE are you still long aud or should i say have you still your bought position ?

Brisbane L 03:01 GMT April 22, 2004 Reply   
Interesting Article a bit long ...
Reuters news.. Federal Reserve Chairman Alan Greenspan closing the door on deflation, but the U.S. currency has further scope for gains from expectations of rising interest rates. The euro, 10 cents from record highs above $1.29 in February, could slip toward $1.15 as the market prepares for a Fed rate hike in August or even sooner according to currency strategists. The dollar rally, sparked by testimony Greenspan gave Tuesday to the Senate Banking Committee, faltered on Wednesday when the Fed chief told the Congressional Joint Economic Committee that "broad-based inflation pressures" don't appear to be growing.
The two-day preview on U.S. rates was the Fed preparing markets for a hike in coming months, strategists said. "They are laying the groundwork, as we all knew they would eventually, for higher interest rates," says Andrew Busch, BMO Nesbitt Burns in ChicBusch said the policy shift comes as no real surprise, given stronger-than-expected March data, ranging from payrolls and retail sales to the consumer price index. And he said the dollar will likely move well before the Fed actually acts, with the euro heading toward $1.15 and the dollar climbing as high as Y111. "I think initially people were a bit relieved that he hadn't gotten even more hawkish," said Rebecca Patterson, global currency strategist at JPMorgan in New York. Investors started re-establishing long dollar positions - effectively betting on a stronger dollar - once they realized that Greenspan's overall presentation was "exactly the same" as the day before, she said. JPMorgan's moved forward its forecast on the first hike to August from November. It expects the Federal Open Market Committee to shift to a neutral inflation bias at its meeting next month. This dollar rally is on the hope that growth is strong enough that the Fed feels comfortable raising rates, and that carry will be relatively more attractive in the U.S. and will bring in more flows to support the dollar The dollar has long been the victim of the so-called "carry trade" strategy, as investors borrow at low U.S. rates to buy assets denominated in currencies from countries that offer higher rates. Now, higher-yielding currencies, such as sterling and the Australian and New Zealand dollars, have been among the hardest hit by the dollar's resurgence. J P Morgans Patterson agrees the euro could reach $1.15 over the next few weeks - or even $1.10 if that level breaks - but says the dollar's rally will probably be short-lived. With much of the rate outlook already priced in, it's only a matter of time before the U.S. current account deficit starts bringing the currency back down on its long-term adjustment lower. Ashraf Laidi, chief currency analyst at censored Financial in New York, says the twin U.S. deficits - fiscal and trade - will continue to weigh on the dollar. But he expects the shifting outlook for interest rates to provide three or four good months for the dollar. "What may be a summer of discontent for U.S. stocks will be a sunny season for the U.S. currency," said Laidi in a research note, adding that the euro could slide to $1.16 by month end.
RTS.



hk revdax 02:59 GMT April 22, 2004 Reply   
NYC YIPPEE 02:12 //Be nice.. Many of us did go through it.

Melbourne Qindex 02:55 GMT April 22, 2004 Reply   
GBP/USD : Current Comment.  Register with [email protected] if you have no access to my page.


Quito Ecuador Valdez 02:52 GMT April 22, 2004 Reply   
nice, my platform just quit. I give the heck up.

OK SZ 02:44 GMT April 22, 2004 Reply   
think we see a correction on the euro to 1.1930...am placing a sell order there..

Caribbean! Rafe... 02:36 GMT April 22, 2004 Reply   
EUR/USD UPPER BANDS 1.1856 1.1870 1.1887 1.1901 1.1915 1.1933 1.1960
LOWER BANDS 1.1828 1.1814 1.1797 1.1783 1.1769 1.1752 1.1724

Quito Ecuador Valdez 02:18 GMT April 22, 2004 Reply   
Goldcoast martin// Thx! Mah trad'n in layman's terms: ("bought" 1.19+) - ("sold" 1.15+) = +400 pips @ $6.2+/pip = $2.4k+..or 3.9% since April 13th - 8 days, ...a few pints mate. Join me! BTW, to loonies etc.: add quid, bucks, green, lettuce, clams, beans & smackers. My nomenclature "rogue" for eur/usd hasn't bloody caught on yet...maybe after tonite? :^) GL GT Gtimes).

NYC YIPPEE 02:12 GMT April 22, 2004 Reply   
SG Jay

That is one of those "How long is a piece of string" questions.

1. When you bought it, what was your target ? Where was your stop loss ?

2. What portion of your account did you plan on risking ?

3. What is your current EUR view ?

4. Are you comfortable trading FX ?

Melbourne Qindex 02:11 GMT April 22, 2004 Reply   
SG Jay 02:07 GMT - Wait and see how the market behaves around 1.1902 - 1.1927.

SG Jay 02:07 GMT April 22, 2004 Reply   
i have longed euro at 1.2050 .
what do you guys think, should i just bite the bullet and short it from now ?

st. pete islander 01:59 GMT April 22, 2004 Reply   
Welcome, TCA .... gt

planet pluto 01:58 GMT April 22, 2004 Reply   
hmm, a golden eur/usd blueprint from Mars ?

Gold Coast martin 01:55 GMT April 22, 2004 Reply   
QUITO VALDEZ.....after 117 we will see 115 by the end of ny session wednesday...after that a retracement to 11850 which...after that not visible signals at the moment but signals will become visible by end of mondays ny session.....hope you make lots of beer money amigo......

Miami TCA 01:53 GMT April 22, 2004 Reply   
Islander: Thanks for the help.

SG Jay 01:53 GMT April 22, 2004 Reply   
euro/dlr
Do you guys have any comments / ideas on this pair ? will we see 1.16is this week ?

jpn/dlr
any comments/ideas on this pair ? will we see 111 or 107 this week.

st. pete islander 01:46 GMT April 22, 2004 Reply   
Miami TCA 01:23 GMT April 22, 2004

Here's another for you: greencompany.com

Quito Ecuador Valdez 01:45 GMT April 22, 2004 Reply   
Gold Coast martin//Thanx...I've got a $60k+ "Banco Central de Ecuador" check (Ec.) for -USD- fortunatly..just waiting to hop on down to the bank and change it to maximize my beer money. Guess mañana may be a good. 1.17+ gives me around 150+ pips, I "bought" (there ya go) it at 1.1915 and I want to "sell" it for EUR so I can nervously do it again. Question is, what's after 1.17...1.2+ or 1.15? My crystal ball with the dime slot is broken.

wisconsin tim 01:42 GMT April 22, 2004 Reply   
thanks for all the comments

talk mumax 01:36 GMT April 22, 2004 Reply   
i have a sell order on usd/jpy just below 110

hk revdax 01:34 GMT April 22, 2004 Reply   
wisconsin tim 01:30 //i think it is more of a sell than a buy to me.

NYC YIPPEE 01:34 GMT April 22, 2004 Reply   
No.

OK SZ 01:33 GMT April 22, 2004 Reply   
Tim, my opinion on the usd/chf is to short at the moment

Quito Ecuador Valdez 01:31 GMT April 22, 2004 Reply   
I suggest a new "click name to ignore" feature since someone likened us to chatsters.

Question GEP, Nottingham, bc or any other professional here: is there a website which fully explains the option process (shorting - longing) i.e. actual leverage mechanics from A to Z that goes on with an option once it's placed.. referring to forex that is?

wisconsin tim 01:30 GMT April 22, 2004 Reply   
any thoughts on BUYing USD/CHF at this level?

Dallas GEP 01:30 GMT April 22, 2004 Reply   
Have a 129.90 sell order on Eur/JPY I doubt it gets hit. To say that we had a bounce off 129.00 level would be an under starement!!!

Also SELL order @ 194.60 on GBP/YEN
AND Sell order on USD/JPY @ 110.25

OK SZ 01:30 GMT April 22, 2004 Reply   
by the way they are really good..

OK SZ 01:29 GMT April 22, 2004 Reply   
no problem..gl

Miami TCA 01:28 GMT April 22, 2004 Reply   
Thank you OK. It looks great!

wisconsin tim 01:27 GMT April 22, 2004 Reply   
this thing to remember is there is no spoon

Gold Coast martin 01:26 GMT April 22, 2004 Reply   
QUITO..you are right about controlling more dollars than heinz has pickles....just a question amigo....are you holding euros or usd at the moment?...g/l

OK SZ 01:25 GMT April 22, 2004 Reply   
TCA, www.taxesfortraders.com

Miami TCA 01:23 GMT April 22, 2004 Reply   
Does anyone know of a way to research how to find an accountant that is familiar with tax laws concerning traders?

Melbourne Qindex 01:22 GMT April 22, 2004 Reply   
EUR/USD : it is likely that we have seen the daily low if not the week in Asia time.

Stockholm za 01:20 GMT April 22, 2004 Reply   
Washington Observor 00:26...
What about Bear`s & Bull`s ??

Melbourne Qindex 01:20 GMT April 22, 2004 Reply   
EUR/USD : it is likely that we have seen the daily low of the day if not the week in Asia time.

Normandy Nick 01:20 GMT April 22, 2004 Reply   
Minnesota Mark 01:11 GMT April 22, 2004
Ok yes. Well, for now, pound is in the green. usd/chf gave signal for further down, euro for further up (very limited at the moment) and pound also break a line on my system for 1.78. I favor the upside but I'm reserved as 1.7660 has not been touched first...

Minnesota Mark 01:16 GMT April 22, 2004 Reply   
Washington Observor -You seem to have found a new spelling.

I find your comments insulting and immature. I've only been around here a week and I've found the conversations and information to be both interesting and valuable. There is nothing wrong with a bit of levity in this forum, and those who are using english as a second language do well enough to be understood. So kindly keep your general insulting comments to yourself.

Thank you.

Minnesota Mark 01:11 GMT April 22, 2004 Reply   
Normandy Nick 00:58 GMT April 22, 2004

I agree on the conditions and this illusion of the strong dollar is silly, but, I'll play along. I this has to end soon where I would expect the GBP to rise up and smite the dollar a good one to the tune of 185-187, but, that is out a bit.

Normandy Nick 01:11 GMT April 22, 2004 Reply   
Eilat Dolphin 01:03 GMT April 22, 2004
Yeah and moreover it's the 22nd of April. ;)

Normandy Nick 01:04 GMT April 22, 2004 Reply   
Washington Observor 00:53 GMT April 22, 2004
Hey man, your account got smoked after Greenspan speach or what? Beast or cable? what's the point? God created the beasts, not the cable lol (what's written on the greenback already?) GT/GL

Eilat Dolphin 01:03 GMT April 22, 2004 Reply   
Hi all! Historical hindsight ? If we take last hour low on the Euro and dismiss the first digit, the number corresponds to the "minimum of Maunders", two extremely cold years in Europe.

Some historians believe that the hunger and suffering triggered the French revolution.

FWIW.

Dallas GEP 01:00 GMT April 22, 2004 Reply   
THANKS Q.

Calabash TarHeel 00:59 GMT April 22, 2004 Reply   
Washington Observor 00:53 GMT April 22, 2004

As long as I can afford to sit at my own desk, trade my own money, nothing will change my mind.

Quito Ecuador Valdez 00:58 GMT April 22, 2004 Reply   
Washington Observer// "shorting" & "longing" are also universal amongst stock traders, lingo developed over years of use of trading in general. These terms refer to leverage options rather than to spot buys (i.e. cash for cash) and are indeed "correct" and standard terms. Most posters here don't fool with spot buys, they use options with 100:1 leverage offered by their brokers, i.e. $1,000 capital = $100,000 or 1 'lot' of loot. BTW your inference to "professionalism" is a bit irritating and might I add the posters share their actions, not be bashed & they control more dough than Heinz has pickles.

Normandy Nick 00:58 GMT April 22, 2004 Reply   
Minnesota Mark 00:49 GMT April 22, 2004
You see, my system divides the chart in "sectors", the rule is " break sector line suppose to break the next one". There is also what I call the native sector. Here, pound opened in the sector [ 1.7660/17730] . Normally, the native sector will be filled whatever the price do ( it's true 90% of the time). As we touch the upper barrier first, we should go to 1.7660 now but, I'm not convinced... this is just so oversold and different of yesterday. Yesterday we open on the roof of the native sector so , that's why I was sure we would get down. Here, it's different. I was expecting a touch of 1.7660 first. So a clear break of 1.7740 is the price to buy IMO

OK SZ 00:56 GMT April 22, 2004 Reply   
why the censored would we want to sit on a trading desk? it's better in my home office...I trade for a living, I make money and will call it anyway I see fit...go back to the corporate world and be happy

Brisbane L 00:55 GMT April 22, 2004 Reply   
Washington Observor
sounds like your having a bad day either , personal or work problems, just do us a favour dont bring it onto this forum please

Melbourne Qindex 00:55 GMT April 22, 2004 Reply   
Dallas GEP 00:50 GMT - EUR/JPY : I do't think it can go much higher in the Asia session.

Washington Observor 00:53 GMT April 22, 2004 Reply   
Sit on a trading desk one day and see what the reaction to that sort of clowinish behavior is.


You will change your minds quickly. Amatuers al.

Melbourne Qindex 00:52 GMT April 22, 2004 Reply   
shanghai bc 00:48 GMT - Good morning! EUR/USD : It is going to be quite volatile in today's market.

KL KL 00:52 GMT April 22, 2004 Reply   
Normandy- look at gbpusd....maybe your 1st call more correct...I am just buying the dips till NY time

Dallas GEP 00:50 GMT April 22, 2004 Reply   
Q, on Euro/JPY what is the expected trading range in that system of yours????? My guess would be 129.35 +- 80 pips

Minnesota Mark 00:49 GMT April 22, 2004 Reply   
Normandy Nick 00:37 GMT April 22, 2004

So, what cha have on tap? I still don't see where enough has changd that the GBP shouldn't hit 17550. Nothing I can do for 6 hours anyway, but you thinking this upswing is short term?

Normandy Nick 00:48 GMT April 22, 2004 Reply   
Observor , not Observer. The one who observes, obviously.

shanghai bc 00:48 GMT April 22, 2004 Reply   

QINDEX -- Good morning..

Melbourne Qindex 00:45 GMT April 22, 2004 Reply   
Brazil, JH 00:42 GMT - You are welcome.

shanghai bc 00:45 GMT April 22, 2004 Reply   

Is it observer or observor?..I am confused here too..

Normandy Nick 00:44 GMT April 22, 2004 Reply   
Observer, I think Trader broke you! lol

Singapore Trader 00:43 GMT April 22, 2004 Reply   
Washington Observor 00:26GMT.
I too think you must be joking. If you are a FX trader, you shd know the difference between selling and shorting. You sell to go short or to close a position while you short to open a position. The guys here are comfortable with the terms they are using. If you are not familiar you can seek clarification, why would you want to rock the boat with your 2 cents' worth.

Brazil, JH 00:42 GMT April 22, 2004 Reply   
Dr. Qindex, good call on EUR/USD you saved me a few pips
again.. Thanks :-)

Normandy Nick 00:37 GMT April 22, 2004 Reply   
Forget about selling pound . It's a buy above 1.7735 IMO

Melbourne Qindex 00:35 GMT April 22, 2004 Reply   
QC WC 00:32 GMT - The odds are in favour of going down.

OK SZ 00:32 GMT April 22, 2004 Reply   
farmacia, ok thanks for your update, appreciate it

QC WC 00:32 GMT April 22, 2004 Reply   
Qindex, how about Usd/yen? Will it correct or still go higher?

Normandy Nick 00:32 GMT April 22, 2004 Reply   
Washington Observor 00:26 GMT April 22, 2004
You must be joking! There are hundred languages all across the world, they all use different words to define the same thing, I mean you call a door a door, as a german would call it eine Tur. Who is more right than the other?

That was the thought of the day...

Melbourne Qindex 00:30 GMT April 22, 2004 Reply   
EUR/USD : The odds of reaching 1.1966 is much higher than 1.1708. In the mean time the market is going to vibrate around 1.1837 with an expected magnitude of +/- 65 pips, i.e. 1.1773 - 1.1837 - 1.1902.

melbourne farmacia 00:27 GMT April 22, 2004 Reply   
OK SZ 20:44 GMT April 21, 2004
I'm just assuming euro will bounce off the long term trend line... @ 1.1750... just look out for possible reversal - new low and up we go etc..

Melbourne Qindex 00:27 GMT April 22, 2004 Reply   
EUR/USD : The odds of reaching 1.1966 is much higher than 1.708. In the mean time the market is going to vibrate around 1.1837 with an expected magnitude of +/- 65 pips, i.e. 1.1773 - 1.1837 - 1.1902.

Gold Coast martin 00:26 GMT April 22, 2004 Reply   
AUD has the potential to go lower to 7150 in the next 2 sessions provided the major resistance barrier of 7255 is broken,which it is expected to do....so look for a retracement to 7295 once aud reaches 7150 level...g/l g/t

Washington Observor 00:26 GMT April 22, 2004 Reply   
I think the time has come for some degree of professionalism on this forum from posters who insist upon using terminology such as longing instead of BUYING and shorting instead of selling. In addition, the incention of things such as caddie for loonie and and beast rather than cable also the recent E/" for EUR/GBP. Thesee reek of amatuerism.

Please Jay and/or John, could we control the sophomoric nonsense and self promotion to a minimum in order to keep this forum at a useful level to the many who are too involved with TRADING rather than self aggrandizement? If not it might as well become a dreaded chat forum.

Some points were made, quite wisely if think about some of the serial posters here. It evolved in to a food fight and accusation thread. How in censored can someone post 10 or more times within an hour and be taken seriously?

Melbourne Qindex 00:25 GMT April 22, 2004 Reply   
EUR/USD : The odds of reaching 1.1966 is much higher than 1.708. In the mean time the market is going to vibrate around 1.1837 with an expected magnitude of 65 pips, i.e. 1.1773 - 1.1837 - 1.1902.

Miami OMIL (/;-> 00:20 GMT April 22, 2004 Reply   
So far eur/usd has hit Oil Man’s TL on the eur/usd move up since 2002. Eur/usd has also bounced off the 55ma weekly chart. I have another TL at around 1.1640-50 for now moving at around 20-30 pips everyday, which should serve as support also IMHO.

Dallas GEP 00:12 GMT April 22, 2004 Reply   
Now have a LIMIT SELL on E/P @ .6694 waiting on top of short that was just taken.

Melbourne Qindex 00:10 GMT April 22, 2004 Reply   
beijing road 00:06 GMT - I am not too sure about USD in general but the odds for EUR/USD to trade higher is good.

Melbourne Qindex 00:08 GMT April 22, 2004 Reply   
Brisbane L 00:07 GMT - AUD/USD has a potential to go lower.

Dallas GEP 00:08 GMT April 22, 2004 Reply   
Shorted E/P @ .6672 looking for .6632 or MUCH lower. This is a layered short. Will short more if it longs further to say .6700 area

Melbourne Qindex 00:07 GMT April 22, 2004 Reply   
EUR/USD : I would imagine that a good short covering will be seen if the market can trade above 1.1850.

Brisbane L 00:07 GMT April 22, 2004 Reply   
Melbourne Qindex Aussie really oversold comes in at that lower level ? but may be better to followthe Euro Flow many thanks for your advice

beijing road 00:06 GMT April 22, 2004 Reply   
From Dr. Qindex , bc, athen's analysis, probably usd rebound will be over by this week.

Dallas GEP 00:02 GMT April 22, 2004 Reply   
OMIL, It seems I mostly do. I don't mean that in a cocky way either.

Melbourne Qindex 00:02 GMT April 22, 2004 Reply   
Brisbane L 23:51 GMT - EUR/USD : My cycle analyses do not support any short position for today. It is not a bad idea to square your short positions if you are following me from 1.29.

Miami OMIL (/;-> 00:02 GMT April 22, 2004 Reply   
This is always a tricky market but for pip raiders could be even trickier right now IMHO. GL GT

Gen dk 00:00 GMT April 22, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

 




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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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