Atlanta 23:52 GMT June 1, 2004
Reply
Tokyo It sound good. I would like to give it a try. Can i try it at this stage or later? Thanks.
Gold Coast martin 23:51 GMT June 1, 2004
Reply
GOD MORNING.....the aud will continue to trade between the 7065-7150 range for another 48 hours...g/l g/t
Tokyo Jon 23:45 GMT June 1, 2004
Reply
Atlanta 23:38, The system is still under development, and is only under Alpha Testing at this stage ( not even reached the beta stage yet). You are more than welcome to try it out as more input from traders will give me ideas on improving the system to what traders want to see. It is not being developed to make trades for you, but just to give you ideas, just as any technical analysis would. Although the system suggests trades for you as well, these are just suggestions and should backed by some other information / indicators /system of your one style. Good luck all
Tokyo Jon 23:38 GMT June 1, 2004
Reply
Just to show I am not in just concentrating on one currency, here is usdchf.
Expected daily move: 114 pips actual: 116 pips
Resistance: 1.2552 Support: 1.2480
Actual High:1.2567 Low: 1.2451
Probable Levels: // 1.2571* - 1.2531 - 1.2489 - 1.2456* - 1.2414 //
Suggested trade: Sell 1.2555, target 1.2472, stop 1.2576
Profit: +83Pips (less spread)
Atlanta 23:38 GMT June 1, 2004
Reply
Tokyo (Jon) will you prove more info on your Grail Companion system? If so I'll send my email. Even in the DEMO mode that was very productive. Thnaks in advance.
hk ab nz 0.59 double bottom 23:32 GMT June 1, 2004
Reply
FWIW, nzd made a key day reversal yesterday......
change handle to .59 double bottom.
CAIRO AG 23:30 GMT June 1, 2004
Reply
GEP
Hi my friend, couldnt be in touch recently as my computer got some problems, while am now travelling while everything in terms of passwords and phone numbers were saved on it... and the backup is in Cairo.
What happened to aussie today... big move down!!!
Have a good day.
hk ab nz 0.65 in 3 months 23:29 GMT June 1, 2004
Reply
111.01 is the top of the left shoulder.
SHS must not higher than this.
Tokyo Jon 23:28 GMT June 1, 2004
Reply
here is some figures from the system for yesterday.
eurusd, expected daily move: 91 pips actual: 110 pips
Resistance: 1.2239 Support: 1.2148
Actual High:1.2264 Low: 1.2154
Suggested trade: sell 1.2200, target 1.2156, 1.2273
Profit: +44Pips (less spread)
For the first day of Alpha testing the system, One trader reports making 300pips profit using the CFX Grail Companion, ofcourse this was on a demo account, but none the less still incredible results.
Will keep you updated to let you know how the system goes. My network failed yesterday due to a virus and still setuping up many components, I have not been able to access my email as yet, but as soon as I can, we reply to all.
Good luck with todays trades should be a profitable day with a decent trend, OMHO
hk ab nz 0.65 in 3 months 23:21 GMT June 1, 2004
Reply
oilman, I think break of 111.11 will make a double top later in dlr/jpy.
hk ab nz 0.65 in 3 months 23:20 GMT June 1, 2004
Reply
with spot Gold under 395, we could wait to long eur later.
Bahrain within 10 pips 23:00 GMT June 1, 2004
Reply
Stockholm za 21:47 GMT June 1, 2004
U there?
hk dong 22:02 GMT June 1, 2004
Reply
eur/py 1.35.50 done, keeping longs to 136/137.50 stop below 134.30
nice call revdax
Stockholm za 21:47 GMT June 1, 2004
Reply
Bahrain within 10 pips 21:30 GMT June 1, 2004 >>
Can you please post the back-testing results summary; to that system you have been trying to sell to this forum for the last few weeks? ��
� TIA - & happy trades�
Bahrain within 10 pips 21:30 GMT June 1, 2004
Reply
Dr. Q...these are some levels for the next entry.
Could U please comment when U have time.
Thanks... :)
Currency High Low
AUDCAD 0.9906 0.9510
AUDJPY 79.35 76.86
AUDUSD 0.7246 0.6927
CHFJPY 90.155 86.504
EURAUD 1.7584 1.6881
EURCAD 1.6903 1.6508
EURCHF 1.5428 1.5160
EURGBP 0.6705 0.6602
EURJPY 137.02 132.41
EURUSD 1.2370 1.2088
GBPCHF 2.3294 2.2694
GBPJPY 205.84 198.99
GBPUSD 1.8552 1.8192
NZDUSD 0.6477 0.6186
USDCAD 1.3874 1.3527
USDCHF 1.2705 1.2315
USDJPY 112.12 108.28
Saihat 21:30 GMT June 1, 2004
Reply
eurjpy may go to 139.70
GVI john 21:09 GMT June 1, 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/$ 1.2250�$/yen 110.60
DJIA 10,203, +14 pts NASDAQ 1,991, +4 pts
10-yr 4.71%, +6 bp�s
PERSONAL OPINIONS:
For a broad range of opening levels click on �GVI�s Market Tracker�:
CLICK HERE
SEE GVI FOR TEXT
Miami OMIL (/;-> 20:59 GMT June 1, 2004
Reply
I know I said I would close my intraday long position for eur/usd but as long as it stays above 1.2200-10 I will keep it open with stops just under the support. GL GT
Gen dk 20:44 GMT June 1, 2004
Reply
Trading Signals Updated:
CLICK HERE for more Gen dk information
Dallas GEP 20:09 GMT June 1, 2004
Reply
Longed usd/CHF @ 1.2462 with 1.2432 stop and 1.2520 TP
Stockholm za 19:34 GMT June 1, 2004
Reply
Miami OMIL (/;-> It�s all good ..
The interesting thing is that the key 2320/30 band is not been test as yet..
& the pull back to ema 5 & 8 is most common. Yesterdays stop on the 8 and no touch today produce a daily H&S on the candles � there are very unsure and has no bias.. as reflected by my sentiment pair�..
I think the guys are waiting for more solid inside info to get involve�so I will wait with them and in the mean time keep trailing�.
Happy trades to you��
Dallas GEP 19:22 GMT June 1, 2004
Reply
I think Japan's complete dependance on foreign oil is weighing heavily on the jpy across the board IMO presently.
Cairo Amgad 19:07 GMT June 1, 2004
Reply
For Eur/Jpy
There is no resistance line till 136.24. I think it is likely to go down but will wait till see leading Gbp/Jpy fall.
Cairo Amgad 19:04 GMT June 1, 2004
Reply
sorry,
Gbp/Jpy face resistance at 203.70/95.
I think 203.70 is good point to sell then 203.85
Stop Loss: 204.10
Target: 202.10 then 200.20
Waiting for your comments, it is appritiated. GL, GT
Miami OMIL (/;-> 19:03 GMT June 1, 2004
Reply
Interesting comments ZA as usual. So far 10dma is holding court above 1.2130-40 for eur/usd with 55dma (1.2015-2025) serving as gatekeeper. Daily indicators are in O/B territory with a hint of a pullback. Weekly indicators on the other hand suggest that this $ correction might be over for at least a while. Today might not be the day but a retracement of this move is still needed for a clean break of resistance. Good support at this moment is at the T/L 1.2095-2105 area with more support spotted at 1.2050-60 and 1.1980-2000 area. I am still holding my long mid term and long intraday position for the eur/usd pair. I will probably close the intraday position soon, which I see no future with IMHO. GL GT WBBL
Cairo Amgad 19:03 GMT June 1, 2004
Reply
Eur/Jpy face resistance at 203.70/95.
I think 203.70 is good point to sell then 203.85
Stop Loss: 204.10
Target: 202.10 then 200.20
Waiting for your comments, it is appritiated. GL, GT
Dallas GEP 18:52 GMT June 1, 2004
Reply
Thnaks NOTTY, they have been pusjing it pRETTY hard I must say.
Stockholm za 18:33 GMT June 1, 2004
Reply
Fwiw��. �/$ Today�s drama
Is the closing of the 1,2200 gateway leaving the 1,1940 gate behind = ? .. Today�s close will be key ( to see which side )..
Range play at the moment 1,2320 � 1,2050�
A note of the ema `s expansion ≧ 1,5 ≦ = check mate...
Happy trades to all�..
Nottingham 18:31 GMT June 1, 2004
Reply
dallas gep>>>eurchf...fwiw some funds have been targeting 5225 and 5175...gl gt
Gen dk 18:14 GMT June 1, 2004
Reply
Trading Signals Updated:
CLICK HERE for more Gen dk information
Gen dk 18:09 GMT June 1, 2004
Reply
Trading Signals Updated:
CLICK HERE for more Gen dk information
Dallas GEP 18:04 GMT June 1, 2004
Reply
Actually I would take Ann Margaret over Bridget B. in HER time.
Another dollar push in making, don't know how strong though.
st. pete islander 17:54 GMT June 1, 2004
Reply
Oily, you just dated yourself .... gt
UAE Oil man 17:52 GMT June 1, 2004
Reply
Thought everyone was talking with Brigitte B..
Dallas GEP 17:50 GMT June 1, 2004
Reply
As always good luck BB.
USA Biscuit Boy 17:40 GMT June 1, 2004
Reply
No idea when's AB's 3 months up mate? lol
KNOXVILLE TN. Dan-k 17:39 GMT June 1, 2004
Reply
what time frame bb?
USA Biscuit Boy 17:37 GMT June 1, 2004
Reply
Target for kiwi trade is 0.6490. GL and GT.
USA Biscuit Boy 17:29 GMT June 1, 2004
Reply
Sorry bought nzd/usd. Wish me luck :)
Dallas GEP 17:27 GMT June 1, 2004
Reply
Going LONG or SHORT BB????? On NZD/USD I mean
USA Biscuit Boy 17:25 GMT June 1, 2004
Reply
Loaded up on kiwi at 63 cents even.
Van jv 17:18 GMT June 1, 2004
Reply
Dallas GEP 16:56 GMT//////
" CHF is being bought against ALL currencies""--noticed the same , and this makes me wonder who all those buying are ---even as fundamentals do not mean much st and mt, I consider CHF one of the most overvalued currencies, certainly gold should provide higher safety....????
Nottingham Daniel 17:12 GMT June 1, 2004
Reply
GEP this may be the reason - Dealers noted some Middle Eastern buying of GBP/CHF earlier, a still very attractive
carry trade despite hopes for a Swiss rate hike down the road as the BOE is likely to match anything the SNB does, and than some.
Dealers note talk of a potential Government of Italy CHF 1 bln bond deal later in the week, which could spark some demand for the franc.
Nottingham Daniel 17:12 GMT June 1, 2004
Reply
GEP this may be the reason - Dealers noted some Middle Eastern buying of GBP/CHF earlier, a still very attractive
carry trade despite hopes for a Swiss rate hike down the road as the BOE is likely to match anything the SNB does, and than some.
Dealers note talk of a potential Government of Italy CHF 1 bln bond deal later in the week, which could spark some demand for the franc.
Dallas GEP 16:56 GMT June 1, 2004
Reply
Actually what is happening IMO is CHF is being bought against ALL currencies and EUR/CHF shorts are affecting all other pairs presently IMO.
USA Biscuit Boy 16:52 GMT June 1, 2004
Reply
Vilnius george 16:49 GMT June 1, 2004
Dollar just lost its momentum in a big way. Go with the flow baby :)
jordan joe 16:51 GMT June 1, 2004
Reply
thank you
and i think now it is set to break 109
Vilnius george 16:49 GMT June 1, 2004
Reply
USA Biscuit Boy 16:45
after today's rally, you are brave man . I'm buying too , from late 0.8's lol gl
UAE Oil man 16:48 GMT June 1, 2004
Reply
jordan joe 16:40 GMT June 1, 2004
Yes,110.80 should hold.
USA Biscuit Boy 16:45 GMT June 1, 2004
Reply
Bought aud/usd at 0.7078. GL everyone.
jordan joe 16:40 GMT June 1, 2004
Reply
UAE Oil man
do you think a short on yen is now in play
UAE Oil man 16:40 GMT June 1, 2004
Reply
Well after few days of respite for the $ bulls..I think it's time to go back to the favored theme.
Sell $.
Back later..
Gen dk 16:36 GMT June 1, 2004
Reply
Trading Signals Updated:
CLICK HERE for more Gen dk information
Nottingham 16:34 GMT June 1, 2004
Reply
Minnesota Mark 16:24 GMT
oil breaks recent high...compare the intraday charts...it's as simple as that really...gl gt
UAE Oil man 16:34 GMT June 1, 2004
Reply
Minnesota Mark 16:24 GMT June 1, 2004
Oil just made a new high at 42.04....
Jakarta onk 16:32 GMT June 1, 2004
Reply
Anyone have prediction for eur/jpy for this week?
thanks
HK Kevin 16:28 GMT June 1, 2004
Reply
Minnesota Mark 16:24 GMT, I don't know. But today is a truly technical-driven market.
HK Kevin 16:26 GMT June 1, 2004
Reply
Dallas GEP 16:18 GMT, I am also short from ~1.8380. Not s/t signal. I am ready to hold for 2-3 day for 150-200 pips if my stop not hit.
Minnesota Mark 16:24 GMT June 1, 2004
Reply
Could someone please explain what pushed the USD/JPY up 120 pips in the last 5 hours? And if so at what point should I have known it was going to go that far rather than a nice little 25 or 50 pip move?
jkt diablo 16:24 GMT June 1, 2004
Reply
Minnesota Mark 16:07 GMT June 1, 2004
Dallas GEP 16:04 GMT June 1, 2004
Sold GBP/USD @ 1.8373. -- GEP would you get my email from Jay please, I'd like to know why you are selling at this point.
I think GEP got the sell signal there :-)
I'm also going to short cable at 1.8390 or higher with stop loss at 1.8420. With the strong US ISM data, I think cable will have to go thru further retracement maybe toward 1.8280. The employment data (61.9) also gives signal for strong payroll next Friday. If there's no surprising event like terrorist attack or something like that, I think the 1.8420 barrier should be able to hold the upside pressure till Friday.
HK Kevin 16:23 GMT June 1, 2004
Reply
1st short position for USD/JPY entered at 110.66.
Jakarta onk 16:19 GMT June 1, 2004
Reply
is it good to shor eur/jpy?
Minnesota Mark 16:19 GMT June 1, 2004
Reply
Dallas GEP 16:18 GMT June 1, 2004 -- Ok cuz the only thing I came up with was a poor looking doji on the 20 minute chart.
Dallas GEP 16:18 GMT June 1, 2004
Reply
Mark, this is a VERY short term signal.
Minnesota Mark 16:07 GMT June 1, 2004
Reply
Dallas GEP 16:04 GMT June 1, 2004
Sold GBP/USD @ 1.8373. -- GEP would you get my email from Jay please, I'd like to know why you are selling at this point.
Hong Kong Qindex 16:05 GMT June 1, 2004
Reply
Crude-Oil in Yen (3-Month Projection) : The key quantized level of my 3-month projection profile is located at 4283 and the critical level is positioning at 4750. It is likely that the market will consolidate between 4283 - 4750 initially this month. If the market retreats and penetrates through 4283, the supporting strength of 3816 is going to be tested. On the other hand if the market momentum is strong enough to overcome the projected resistance at 4750, the quantized level at 5217 is likely to be challenged. It is the mid-point reference of the upper barrier located at 5061 // 5373.
3504* - 3660 // 3816* - 3972 - 4127* - (4283) - 4439* - 4594 - 4750* - 4906 - 5061 - 5217 // 5373* ...
Crude Oil in Yen
Dallas GEP 16:04 GMT June 1, 2004
Reply
Sold GBP/USD @ 1.8373.
houston st 15:53 GMT June 1, 2004
Reply
USA Biscuit Boy 15:42 GMT -- nice one..good luck w/ the aussie trade..gt.
HK Kevin 15:53 GMT June 1, 2004
Reply
hk revdax 15:32 GMT, think 135.20 may cap EUR/JPY today.
HK Kevin 15:43 GMT June 1, 2004
Reply
hk revdax 15:32 GMT, good trades.
hk ab, EUR/JPY under 135.40 still good for sell which corresponds to USD/JPY resistance around 110.60-70. I will wait for tomorrow to initiate m/t sell. Now need to look after my sold Cable position which hold 1.8335 minor support.
USA Biscuit Boy 15:42 GMT June 1, 2004
Reply
Hi ST I took profit at 1.2250 with a limit order in London. Now looking to buy some aussie dollars. Cheers :)
Ldn 15:41 GMT June 1, 2004
Reply
NZD/USD: Employment Survey At Strongest Level In Five Years ifr
Sydney Alimin 15:41 GMT June 1, 2004
Reply
sydney fg: good one mate, i am staying out too for the rest of tonight, will trade very carefully until clearer picture emerge after OPEC and friday's data
hk revdax 15:32 GMT June 1, 2004
Reply
HK Kevin 15:17//no magnitude forecast; only time and time in a bottle...lol
sydney fg 15:31 GMT June 1, 2004
Reply
alimin - i'm in two minds. eur/usd holding so gives me the urge to buy aud/usd, but usd/jpy also showing some strength and there are a lot of bars sitting on top of that hrly aud chart. Plus gold slapped as it approached 400 and I would guess there would be a few more sellers there for now. So when in doubt I stay out I guess.
Miami OMIL (/;-> 15:29 GMT June 1, 2004
Reply
Later AB
hk ab nz 0.65 in 3 months 15:27 GMT June 1, 2004
Reply
Kevin, I changed my limit 'cos of your move ;)
Now with oil surge like this, I prefer to wait for a day after OPEC meeting.
See ya all later, mj time.
HK Kevin 15:23 GMT June 1, 2004
Reply
Long EUR/JPY t/p meet. Covered at 134.58.
Sydney Alimin 15:23 GMT June 1, 2004
Reply
sydney, fg: you could try it again mate with stop loss 0.7050-0.7060 what do you think?
B.A. BOCA 15:22 GMT June 1, 2004
Reply
gold also taking a breather..
houston st 15:20 GMT June 1, 2004
Reply
USA Biscuit Boy 15:03 GMT -- nice bounce on the eur/usd overnight..took my profits and now waiting to reload sub-1.22xx..good trades today.
sydney fg 15:19 GMT June 1, 2004
Reply
agree there biscuit boy. I paid 50 pips too much for it. Silly.
sydney fg 15:18 GMT June 1, 2004
Reply
stopped out aud. What a sucker.
HK Kevin 15:17 GMT June 1, 2004
Reply
hk revdax, if you are aroud. What is your t/p for long EUR/JPY?
USA Biscuit Boy 15:16 GMT June 1, 2004
Reply
FG aussie really needs to hold 0.7040 to keep this little bull run going. I'll be buying there if I get the chance. Below here its neutral again.
Sydney Alimin 15:12 GMT June 1, 2004
Reply
i still think selling $ on blips is the preferred strategy since personally i believe geopolitical factor is more dominant, terrorists' attacks are threatening everyday, anyday and anytime and we know that whenever this happens $ will just be sold off like crazy, good economic numbers cant be there forever...but then again i also think we need some serious correction if $ bearish trend is to continue well, at the moment looks like almost everyone is selling $ on blips...whether the reverse will happen when everyone is moving in the same direction this time, i dont really know...we just have to wait and see the market plays the scenario...gl gt all
B.A. BOCA 15:05 GMT June 1, 2004
Reply
yen is currently the game. eur, cable, supported by gains in their yen pairs, watch dolyen above 110.10...
sydney fg 15:04 GMT June 1, 2004
Reply
usd/jpy looks to be verging on a spurt higher. My aud looking a bit fragile here.
USA Biscuit Boy 15:03 GMT June 1, 2004
Reply
Boca Raton 14:48 GMT June 1, 2004
Well let me rephrase that nobody taking big positions on one side or the other with the short week and Friday's payroll data. Great for scalping tho :)
Miami OMIL (/;-> 15:00 GMT June 1, 2004
Reply
That is probably the X factor in this equation for eur/usd for today Daniel. What used to be support is now resistance. I fear we may see a dead range trading day as you say IMO.
Nottingham Daniel 14:57 GMT June 1, 2004
Reply
Oil continues to tick higher, now up $1.60 on the day at $41.50 in New York, nearing resistance in the $41.75/85 area. This is helping keep the EUR/USD dips limited despite the strong US data this morning. Bids emerged toward 1.2190 and the pair has bounced back to 1.2210. The market has the look of a classic stalemate, with conflicting oil and US data offsetting one another. Range-trade is the likely result. 1.2160/1.2260 should cover it.
Gen dk 14:53 GMT June 1, 2004
Reply
Trading Signals Updated:
CLICK HERE for more Gen dk information
Boca Raton 14:48 GMT June 1, 2004
Reply
USA Biscuit Boy 14:45 GMT June 1, 2004
The market is quite liquid today.
USA Biscuit Boy 14:45 GMT June 1, 2004
Reply
Not enough liquidity......too many dollar sellers on blips.....looks like very narrow trading til Friday afternoon. Dollar will have to wait for next week for its next leg down IMO. GL and GT.
Dallas GEP 14:45 GMT June 1, 2004
Reply
OK IMO: 1.2180 is a good buy on eur/usd and 1.2560 is a good SELL on USD/CHF. Watch those levels, you could use 20 pip stops at those levels BECAUSE if they break they could go a long way the OTHER directon.
Porto PJT 14:44 GMT June 1, 2004
Reply
Ldn 14:32 , thks, but that is old chit-chat ... I allways get nervous with these stories ...only because Bush included North Korea in his "axis of evil" .....
HK RF@ 14:39 GMT June 1, 2004
Reply
As of the new sworn in Iraqi Gov.!
Read it simple..A haste retreat (30 days ahead of time) of the US from the internal affairs of Iraq, thus shielding the US(and the president) from any decisions concerning Iraq internal affairs.
Will be perceived as sign of weakness by Al-qaeda and other rebels, thus one can expect stepping up of the rebellion activities.
That notice may serve as guide particularly for weekends.
Moscow Mishanya 14:39 GMT June 1, 2004
Reply
shanghai bc
welcome, good trades
Dublin Flip 14:37 GMT June 1, 2004
Reply
No worries bc- glad to help.
One more shadow to jump from to me though -LOL
be lucky
Mtl JP 14:36 GMT June 1, 2004
Reply
Ldn 14:32 / sounds of nuclear agency looking for self-relevancy ? hehe
shanghai bc 14:34 GMT June 1, 2004
Reply
JP,FLIP -- Good evening..Thanks indeed..Good trades to you..
Ldn 14:32 GMT June 1, 2004
Reply
BRATISLAVA, Slovakia (AP)--The chief of the International Atomic Energy Agency said Tuesday North Korea's nuclear activity was the "most dangerous situation" his agency faced.
North Korea withdrew from the nuclear Nonproliferation Treaty (NPT), and U.S. officials believe North Korea already has one or two nuclear bombs.
sydney fg 14:26 GMT June 1, 2004
Reply
hello folks.
i buy some aud here. s/l 7083. Looking for 7160+. Will move stops to 7130 once 7150 trades and trail from there.
g/l all.
BEIRUT MK 14:25 GMT June 1, 2004
Reply
long eurusd at 1.2195 target 1.2350
Dublin Flip 14:25 GMT June 1, 2004
Reply
BC i've put oil on with USD EUR (not eur$) on a medium setting
Oil and $eur
As you can see (and know I"m sure) what's cute is that oil has been trading with the dollar the past four or five months but prior it traded with a -ve correlation. The degree of correlation is in the eye of the beholder (or size of the horizon)-LOL
Mtl JP 14:24 GMT June 1, 2004
Reply
bc 14:14 / from my Mtl JP 17:04 GMT May 28, 2004
dlryen x oil chart, showing recent co-relation.
Miami OMIL (/;-> 14:24 GMT June 1, 2004
Reply
ln 14:16 GMT June 1, 2004
So far so good !!! Hope we get lucky this time LOL.
shanghai bc 14:24 GMT June 1, 2004
Reply
MISHANYA 14:18 -- Good evening..Thanks..Good trades to you..
Toronto sj 14:22 GMT June 1, 2004
Reply
From day chart EUR/USD is moving up. But hour chart shows down trend. The down trend is correction. should find firm support at 1.2120-1.2160. The correction may take 3-5 days.
I will long EUR below 1.2150 (if I'm lucky), SL at 1.2100.
Gen dk 14:21 GMT June 1, 2004
Reply
Trading Signals Updated:
CLICK HERE for more Gen dk information
Miami OMIL (/;-> 14:18 GMT June 1, 2004
Reply
ln 14:16 GMT June 1, 2004
I think a better support will be 1.2055-65 so don�t count on 1.2090 to hold for to long IMO.
Moscow Mishanya 14:18 GMT June 1, 2004
Reply
shanghai bc
try this one
http://www.fxtradercenter.com/share/details.php?image_id=18
ln 14:16 GMT June 1, 2004
Reply
Miami OMIL. am hoping support holds. was tempted to take profit at 40 but held it thinking as long as stop is in place i am fine. but could have entered at better level...oh well.
shanghai bc 14:14 GMT June 1, 2004
Reply
JP 13:44 -- Good evening..Could you please do me a favour by putting Crude Oil and Yen charts together..Tia..
Miami OMIL (/;-> 14:12 GMT June 1, 2004
Reply
If this support holds for eur/usd then resistance (1.2300) will be under heavy fire IMO.
HK Kevin 14:11 GMT June 1, 2004
Reply
Should read "Also short Cable at 1.8386 earlier"
HK Kevin 14:10 GMT June 1, 2004
Reply
hk ab nz 0.65 in 3 months, I am with Revdax today to long EUR/JPY. Please wait for me to take profit around 134.60 before going short. Also short Cable at 1.8486 earlier, but my long EUR/GBP position trade still underwater.
OK SZ 14:09 GMT June 1, 2004
Reply
OMIL, no problem thanks
OK SZ 14:09 GMT June 1, 2004
Reply
intraday support at 12160/12090
Miami OMIL (/;-> 14:08 GMT June 1, 2004
Reply
I still think we need a bigger correction on eur/usd but with that said I also have an intraday long on this pair and support coming up fast. SZ I posted all the numbers on my earlier comments
hk ab nz 0.65 in 3 months 14:06 GMT June 1, 2004
Reply
we are near the 89 again.....dlr index
Dallas GEP 14:06 GMT June 1, 2004
Reply
OMIL, on the surface it was not a market moving number BUT USD was longinh BEFORE the annoucement SINCE the announcemnent was NOT USD negative, we could still have some USD bullishness
hk ab nz 0.65 in 3 months 14:05 GMT June 1, 2004
Reply
people seems focus on how the new iraqi leader behave.
+ yen crosses are still unwinding, let's see.
hk ab nz 0.65 in 3 months 14:03 GMT June 1, 2004
Reply
what is really in place is the short eur/jpy limits.
Miami OMIL (/;-> 14:03 GMT June 1, 2004
Reply
Previous was 62.4 to 62.8 posted today but not a market shaking number IMO.
LHR B747 14:03 GMT June 1, 2004
Reply
data came as vanilla/chocolade ice-cream...I mean mixed.
this week is BALLS trading week (not bulls) :)
OK SZ 14:03 GMT June 1, 2004
Reply
Gep, good to see you today..ML and I were just talking about you this morning..
OMIL your take on the euro please if you don't mind
hk ab nz 0.65 in 3 months 14:03 GMT June 1, 2004
Reply
cad must be the early bird today.
hk ab nz 0.65 in 3 months 14:02 GMT June 1, 2004
Reply
OMIL, I am still deciding... just want to see others' opinion here...
Miami OMIL (/;-> 14:02 GMT June 1, 2004
Reply
That takes guts AB I am also long on that one. GL GT
hk ab nz 0.65 in 3 months 14:01 GMT June 1, 2004
Reply
thanks GEP.
Dallas GEP 14:01 GMT June 1, 2004
Reply
62.8 as expected
hk ab nz 0.65 in 3 months 14:00 GMT June 1, 2004
Reply
ok, show us how monster it could be....
long order on eur 1.2225?
Boca Raton 13:59 GMT June 1, 2004
Reply
Dallas, I don't understand. EURO/GBP has gone down in a weeks time. From 0.6716 to 0.6648.
Brisbane L 13:59 GMT June 1, 2004
Reply
Dallas GEP hi there great to see you back
Miami OMIL (/;-> 13:58 GMT June 1, 2004
Reply
Hello GEP sorry to hear that I hope you get it back soon. GT
hk ab nz 0.65 in 3 months 13:58 GMT June 1, 2004
Reply
BOCA, Bush may want to paint better number before Nov.
All are window dressing to me.
Toronto sj 13:55 GMT June 1, 2004
Reply
Sorry guys. I didn't mean to flood the board. Just want to share somebody else study with you guy. Sorry for miss leading.
GT and GL to all.
Dallas GEP 13:55 GMT June 1, 2004
Reply
Hello Friends. Took about a week break and just now starting to get back into things. Last time i posted I was pretty heavy on GBP shorts and The majority of those I was able to get out with @ a 38 PIP loss by taking a EUR/USD long and then applying those gains against the GBP losses. THE NET on that was a 38 pip loss. UNFORTUNATELY I did take a bigger hit on another account and that was particularly disturbing because I was working that with a very dear friend of mine on it and while it wasn't devasting it will probably take 30 days or so to pull that back to BE.
B.A. BOCA 13:48 GMT June 1, 2004
Reply
monster number being priced in it seems.....
LDN LDN 13:46 GMT June 1, 2004
Reply
14 mins to US ISM MFG PMI.
manila stubbs 13:45 GMT June 1, 2004
Reply
hey toronto sj, be careful with r. balan's recommendations. he's horrible at picking tops and bottoms. the market may be going his way now, but when it doesn't his recommendations will really spiral you down.
Mtl JP 13:44 GMT June 1, 2004
Reply
NY 13:38 / Earlier I posted this picture that maybe says 1000 words. fwiw.
Toronto sj 13:40 GMT June 1, 2004
Reply
This is from censored A/S
Tuesday, June 1, 2004 8:11 GMT
Daily Report
By censored A/S
http://www.censored.com
FX Technical Snapshots: Europe - June 1
- EUR/USD - the uptrend took a holiday as well, but fell lower than our 1.2230 expectations. But it may have found support at 1.2160, and it rises above 1.2225 from here (1.2200), then chances are that a new upleg is ready to launch. The next rally should focus at 1.2400 - 1.2500 area -- no change in the short-term scenario. There might be a bigger correction thereafter (necessarily a consequence of five waves completed) which may bring on 1.2250 again, but the uptrend should reassert thereafter, and may eventually carry the common currency all the way to 1.2900 and beyond. There is a good chance that we have seen a major cycle trough at 1.1762 last month, and if we do see a rally above 1.2300 later in the week, then we start focusing at a new test of 1.2900 further out.
- GBP/USD - the currency extended the correction to 1.8280 and may be in the verge of engineering another breakout to the upside. The new upleg may get going at a break of 1.8385, which would require a slight revamp of out short-term outlook. A new rally should focus at 1.8600 - 1.8700, after which we may see 1.8350 area again. But this should be a healthy corrective phase -- a consequence of a five-wave rally -- and the bull phase should eventually bring on another test of the 1.9140 top further out.
- USD/JPY - the currency fell to as low as 109.10 and has recovered to 110.00. But the downtrend is not quite over yet, and may be followed by further declines to 108.00, and then to 106.85.
- USD/CHF - the currency has corrected back to 1.2571, and may be poised for further declines. The sell-off should continue from here, go through 1.2400, which should bring on 1.2320, then to 1.2200, the next downside objective. And eventually we have to adjust the scenario to take 1.2150 trough as being the primary target of the entire decline from 1.3225 top.
- USD/CAD -- the currency bounces back to 1.3660 and may have failed the upside test. It should fall towards 1.3560, then further towards 1.3510 - 1.3500. We may see a rally back to 1.3575 from there. The longer-term scenario does not change however -- next downside target thereafter may be the area of 1.3400 - 1.3375. But 1.3000 may be shaping up to be the primary focus farther out.
- AUD/USD - the currency has been to as low as .7125 but shows signs of ending the correction. Nonetheless, allow for a longer sideways correction after which the currency may resume the uptrend towards .7260 - .7300. We may see a pullback to .7150 thereafter. But the scenario is unchanged -- a subsequent rally should set up further bull run to .7400 - .7450 objectives. Further out, we start focusing at .7750.
- NZD/USD - support firms up above .6300 and we may see a sideways correction extend further. But the next rally may proceed to the .6500 area, after which may see the currency correct back to .6300. Further out, we now focus at .6700.
- EUR/JPY - the downside correction may be over. The initial rally should get better later in the day and once past 135.00, then odds would shift to favor a new uptrend towards 139.00.
- EUR/CHF - the cross may be doing some sort of a basing action and we might see a test of 1.5325 from here. We still need to see break of 1.5330 to dispel the spectre of a final fall to 1.5225.
- EUR/GBP - the cross finds support at .6640 and may be just about to break higher from a +descending wedge+ termination. If this indeed is the case, then look for a rally back to .6710. The cross may recover further and make a new bid for .6850 thereafter.
NY 13:38 GMT June 1, 2004
Reply
$YEN :trend upward??
Euro$ :Trend down??.where are this martians from.
NY 13:36 GMT June 1, 2004
Reply
Your guys have been stopped on all their trades already.
Toronto sj 13:32 GMT June 1, 2004
Reply
Today looks like another monkey trade day.
hk ab nz 0.65 in 3 months 13:31 GMT June 1, 2004
Reply
sj, seems v. bad call.
Toronto sj 13:30 GMT June 1, 2004
Reply
A reference opinion from fx.unigma.com. It may not make sense.
Tuesday, June 1, 2004 6:10 GMT
Daily Forex Forecast
By FX Unigma
http://fx.unigma.com
EUR/USD Daily Forecast 1 June 2004 - 7:00 AM GMT
Trading range: 1.2235 - 1.2025
Trend: Downward
Sell at 1.2223 SL 1.2255 TP 1.2035
USD/JPY Daily Forecast 1 June 2004 - 7:00 AM GMT
Trading range: 109.20 - 111.40
Trend: Upward
Buy at 109.32 SL 109.00 TP 111.28
GBP/USD Daily Forecast 1 June 2004 - 7:00 AM GMT
Trading range: 1.8400 - 1.8190
Trend: Downward
Sell at 1.8390 SL 1.8422 TP 1.8202
USD/CHF Daily Forecast 1 June 2004 - 7:00 AM GMT
Trading range: 1.2500 - 1.2750
Trend: Upward
Buy at 1.2512 SL 1.2480 TP 1.2738
hk ab nz 0.65 in 3 months 13:27 GMT June 1, 2004
Reply
134.35 order OCO with 133.93 stop sell.
hk ab nz 0.65 in 3 months 13:26 GMT June 1, 2004
Reply
sth moved the mkt fast, gold retracement?
hk ab nz 0.65 in 3 months 13:24 GMT June 1, 2004
Reply
short half lot eur/jpy 134.15 limit at 134.35 for the other half.
hk ab nz 0.65 in 3 months 13:18 GMT June 1, 2004
Reply
farmacia, how's your timing indicator recently? V. busy?
Highland Q 13:05 GMT June 1, 2004
Reply
my strategy for the day ...... long dollar @ 1.2250 SL @ 1.2280/90 .... short @ 1.2180 SL @ 1.2150 ...... good luck
HK RF@ 12:50 GMT June 1, 2004
Reply
Now 400 post some Tech. & Psycho. Res. once broken 405 vicinity can be soon seen.
hk ab nz 0.65 in 3 months 12:46 GMT June 1, 2004
Reply
with gold so strong, i think gold breaks 400 with eur 1.23 if 400 is seen.
HK RF@ 12:25 GMT June 1, 2004
Reply
hk ab nz
It is easier to print Euro than gold
hk ab nz 0.65 in 3 months 12:21 GMT June 1, 2004
Reply
gold and eur go different directions?
OK SZ 12:11 GMT June 1, 2004
Reply
ism will not be affected , just the construction number which will be on the web or delayed
nyc fxdh 12:03 GMT June 1, 2004
Reply
hearing a small fire at commerce building may delay ISM report
Calabash TarHeel 11:50 GMT June 1, 2004
Reply
hk ab nz 0.65 in 3 months 11:32 GMT June 1, 2004
maybe just watch dlr/cad for some clues for tonight
$/cad in one of its spurts. Sold $/cad 1.3665. May regret it. s/l above 1.37 target open.
gl,gt
Dubai WH 11:49 GMT June 1, 2004
Reply
THANKS EVERYONE....
Wish you all the best in your trading day/week.
ln 11:48 GMT June 1, 2004
Reply
moscow vasya 11:34. always work in a base currency. so if your base is $ and you play euro/yen then you have to convert this back either via $/yen or euro/$ to local currency. so your spreadsheet should have this conversion as well as the currency pair. you are actually playing the $ leg and not the cross althouhg your profit might be on the cross. the only way to bypass this is to go to the bucket spread bet shops.
Makati Obelix 11:47 GMT June 1, 2004
Reply
My mistake, 14:00 GMT
Makati Obelix 11:46 GMT June 1, 2004
Reply
WH of Dubai. If you are refering to the US data. They will be out @ 10am Eastern Time or 2:00 GMT. The datas are ISM Index & Construction Spending.
Mtl JP 11:46 GMT June 1, 2004
Reply
14:00 GMT: ISM
KLA 11:44 GMT June 1, 2004
Reply
ISM at 1000 ET
Challenger Layoffs 1000 ET
Dubai WH 11:41 GMT June 1, 2004
Reply
Can anyone tell me pls after how much time the news will be out ? Thanks
GVI john 11:36 GMT June 1, 2004
Reply
This report is posted twice daily on GVI. For information on how you can access GVI, contact [email protected]
STRATEGY SESSION --New York Open
Opening Levels:
eur/$ 1.2235�$/yen 109.55
DJIA -42 pts� 10-yr 4.67%, +2 bp
PERSONAL OPINIONS:
For a broad range of opening levels click on GVI�s �Market Tracker�:
CLICK HERE
SEE G-V RESEARCH SECTION FOR TEXT
hk ab nz 0.65 in 3 months 11:36 GMT June 1, 2004
Reply
limit sell stop 133.93 add to the shrot this morning.
moscow vasya 11:34 GMT June 1, 2004
Reply
people - suppose i have x1 usd, x2 gbp x3 jpy and... xN etc. How should i calculate how reach am i? If some of my currencies raise 4 example - should i be glad or worry that other n-1 fall?
hk ab nz 0.65 in 3 months 11:32 GMT June 1, 2004
Reply
maybe just watch dlr/cad for some clues for tonight?
Normandy Nick 11:22 GMT June 1, 2004
Reply
kicked out!
Normandy Nick 11:07 GMT June 1, 2004
Reply
Odessa GM 10:46 GMT June 1, 2004
I changed the stop from 1.8370 to 1.8360. it's a little bit below the 50 ema 5 min, in the same time usd/chf looks ripe to go down again. Only a surprise with the us datas would reverse the pressure I think.
hk ab nz 0.65 in 3 months 10:49 GMT June 1, 2004
Reply
does anyone know the % change of eur, aud vs gold since 2001 USD bear trend? TIA!
Odessa GM 10:46 GMT June 1, 2004
Reply
To Normandy Nick: Sell-stop 1.8360 on GBP, I suppose, ended 5 in 5 on EWA. Long-term stops for longs - 1.8200.
Hong Kong Qindex 10:26 GMT June 1, 2004
Reply
dc CB 10:05 GMT - 10-Yr Bond : Basically my monthly cycle charts would cover the June contract during early period of this month. When the June contract expired it will cover the September contract. I understand that there is a big gap between June and September contract, so I am expecting a very volatile market for the next 2 weeks
ln 10:13 GMT June 1, 2004
Reply
london 10:00 GMT June 1. Thanks. But credit goes to Lady luck on this occation.
Hong Kong Qindex 10:13 GMT June 1, 2004
Reply
dc CB 10:05 GMT - 10-Yr Bond : Basically my monthly cycle charts would cover the June contract during early period of this month. When the June contract expired it will cover the September contract. I understand that there is a big gap between June and September contract, so it am expected to see a very volatile market for the next 2 weeks.
Normandy Nick 10:11 GMT June 1, 2004
Reply
False break! stop 1.8370
dc CB 10:05 GMT June 1, 2004
Reply
Qindex 3:21....10y bond. thank your for your reply. (went offline last night before your post)
london 10:00 GMT June 1, 2004
Reply
Hong Kong Qindex 09:37 GMT June 1, 2004 thanks GLGT
ln 09:54 GMT June 1, 2004 nice trade
Normandy Nick 09:59 GMT June 1, 2004
Reply
long on pound at 1.8412 for 1.8460
ln 09:54 GMT June 1, 2004
Reply
went long euro last week lucky that spot did not trade through 1.2150 as this was my and a lot of other peoples stop level. will look to take profits if 1.2280 trades.
Helsinki iw 09:48 GMT June 1, 2004
Reply
fwiw/ A daily close today above 1,2250 will produce a key reversal up and the downmove the past two trading sessions looks like a bull flag. While we are not there yet, prefer to short dollars still.
Fundamentally the numbers out of the EZ today suggest current euro levels are not critical for European producers, but overall global demand is. Also stories still circulating of Asian official names rebalancing portfolios out of the USD.
ln 09:44 GMT June 1, 2004
Reply
london 09:32 GMT. when did you ever put you a*s*s* on the line? people who put their views on here are much more helpful than you will ever be why dont you get lost.
Hong Kong Qindex 09:41 GMT June 1, 2004
Reply
london 09:32 GMT - I could be wrong, so never spend your time on my posts again.
Hong Kong Qindex 09:37 GMT June 1, 2004
Reply
london 09:32 GMT - We change our mind all the time. I am still looking forward to see 1.15 - 1.23, a range of 800 pips.
hk revdax 09:37 GMT June 1, 2004
Reply
Hong Kong Qindex 09:03//I am a very short term trader. I am long Euro/JY _today_ just for some pips move. I might move to the short side tomorrow. Thus i am using the Macau indicator today but will switch to your vibration number tomorrow....LOL
Ldn 09:35 GMT June 1, 2004
Reply
10 Dead In Hugh Baghdad Blast Near Kurdish Office-Arab TV
london 09:32 GMT June 1, 2004
Reply
EUR/USD below 1.2240 is a sell.
Hong Kong Qindex 09:03 GMT June 1, 2004 EUR/USD had gone up 400 pips from Hong Kong Qindex 11:20 GMT May 11, 2004
hk revdax 11:11 GMT : EUR/USD : I am bias to the downside.
are you still bias to the downside for EUR/USD?
Hong Kong Qindex 09:32 GMT June 1, 2004
Reply
Mumbai Jay 09:26 GMT - EUR/USD : Apparently this pair is affected by EUR/JPY. Speculative selling will increase if the market is trading below 1.2150. We have to wait and see.
Ina mr.co'z 09:31 GMT June 1, 2004
Reply
Yes Sir..thanks a lot..
Mumbai Jay 09:26 GMT June 1, 2004
Reply
Dr. Q... Re EUR/JPY, do you think the exptected downward move there is more likely to put pressure on EURUSD support at 1.2150? TIA
Hong Kong Qindex 09:17 GMT June 1, 2004
Reply
Ina mr.co'z 09:07 GMT - Thank you! There are 2 more sessions to go.
Hong Kong Qindex 09:16 GMT June 1, 2004
Reply
Hong Kong Qindex 10:26 GMT May 31, 2004
EUR/JPY : The market is trading outside the daily cycle congested area projected at 134.44 - 135.40. It is now challenging the supporting strength of my daily cycle barrier at 133.38 // 133.69. The odds are in favour of maintaing a short position.
... 132.13 ... 132.75 ... 133.38 // 133.69 - (134.00) - 134.31 - 134.62 - 134.93 - (135.25) // 135.56 ...
jkt diablo 09:11 GMT June 1, 2004
Reply
Normandy Nick 08:49 GMT June 1, 2004
1.8420 has been proven as strong barrier for cable since last Friday. I prefer to short at 1.8420 with tight stops and reverse at 1.8430/40. Anyway, I think anything can happen today, so I'm just trying to be extremely careful before opening a new position. GT!
Gen dk 09:09 GMT June 1, 2004
Reply
Trading Signals Updated:
CLICK HERE for more Gen dk information
Ina mr.co'z 09:07 GMT June 1, 2004
Reply
Hong Kong Qindex 07:23 GMT June 1, 2004
Hong Kong Qindex 09:46 GMT May 31, 2004
EUR/USD : Daily Cycle Quantized Levels
Sir Q nice number yours !..//... 1.2374 ..., gl!
Brisbane L 09:03 GMT June 1, 2004
Reply
Option expiring on the aud 7170 NY today in a few hours stopping the aud breaking higher and another 72 same time expiry
Hong Kong Qindex 09:03 GMT June 1, 2004
Reply
hk revdax 08:51 GMT - Wrong Interpretation!
It is negative whenever the market is trading below the critical point/level. It is neutral when the market is trading between 134.09 - 135.84.
If you are following the market movement of EUR/JPY 10 days ago around 137.59 one would know that the market is heading South. Whenever a 44-day cycle is used to describe the market movement, I would assume that it is driven by a major market maker or makers.
chicago cal 08:59 GMT June 1, 2004
Reply
asian central bankers bot euro's around 1.2160 it will be interesting to see if that momentum can continue
hk revdax 08:51 GMT June 1, 2004
Reply
Hong Kong Qindex 08:42//Thanks. If i interpreted your vibration numbers correctly, i think Euro/JY would go up first to the critical levels before coming down....imo.
chicago cal 08:49 GMT June 1, 2004
Reply
EUR/USD: currently long at 1.2180 SAR 1.2145; will add above 1.2250 for 1.2300 short term
Normandy Nick 08:49 GMT June 1, 2004
Reply
The economic numbers was better than expected but it seems not enough to boost euro and pound. We will have to wait the us datas I'm afraid to see a significant move. I definitively favor the upside. Bad us datas would push the pound at 1.8460 IMO
LA Mike 08:43 GMT June 1, 2004
Reply
Hey people ... a view on eur/us please
Hong Kong Qindex 08:42 GMT June 1, 2004
Reply
hk revdax 08:40 GMT - EUR/JPY : The current expected trading ranges from my 44-day cycle is 132.34* - 133.22 - 134.09*.
EUR/JPY : Heading Towards 132.34
Wednesday May 19, 2004 - 04:48:35 GMT
QIndex - www.global-view.com/beta/qindexguide.html
EUR/JPY : The critical level of my 44-day cycle reference is located at 134.09 - 135.84 and the market rhythm is represented by 175 pips. The pattern of the 44-day frequency chart suggests that the market is likely to vibrate around the critical level with an expected magnitude of 1.75, i.e. 132.34 - 137.59. If the downward trending momentum is strong enough to penetrate through 130.58, EUR/JPY has a potential to go all the way to 127.07.
44-Day Cycle Quantzed Levels
...127.07* ... // 130.58* - 131.46 - 132.34* - 133.22 - 134.09* - 134.97 - 135.84* - 136.72 - 137.59 * // ...
Ldn 08:42 GMT June 1, 2004
Reply
25 EUR ECON: May Manufacturing PMI Exceeds Expectation
UK ECON: CIPS/Reuters Manufacturing PMI 55.6 In May Vs 55.2
hk revdax 08:40 GMT June 1, 2004
Reply
Qindex//Your view on Euro/JY today? TIA
Palestine WE 08:32 GMT June 1, 2004
Reply
Morning Plovdiv ..... where do you see the euro today? ..... Many Thnaks
Jakarta achan 08:27 GMT June 1, 2004
Reply
usd/chf view pls..... thanks
Normandy Nick 08:23 GMT June 1, 2004
Reply
There was a number for euro but it has not make much reaction. There is an other one , for the pound and this one might make some waves. The bullish pressure is important. Buy order at 1.8412 for 1.8460
indonesia newbie 08:04 GMT June 1, 2004
Reply
Hong Kong Qindex 07:53 GMT June 1, 2004
thx dr q and i can't agree more.and wait for the good call again(he he he).
Moskow 07:55 GMT June 1, 2004
Reply
if you are looking for a reliable historical data for trading system verification and precise technical analysis visit
this
it is one of the trustworthiest & effective forex quotes history for intraday trading over net.
Intraday data are presented since 1997.
Hong Kong Qindex 07:53 GMT June 1, 2004
Reply
indonesia newbie 07:50 GMT - That is something you to have to make up your mind when you enter the market otherwise it is better not to touch this business. It is not easy to make money in a long run.
Bahrain within 10 pips 07:53 GMT June 1, 2004
Reply
Saihat,
I am not sure what U mean?
Hong Kong Qindex 07:50 GMT June 1, 2004
Reply
Bahrain within 10 pips 07:48 GMT - EUR/USD : I am boas on the downside, have to wait and see.
indonesia newbie 07:50 GMT June 1, 2004
Reply
Hong Kong Qindex 07:40 GMT June 1, 2004
thx dr q,but i have some question since i like trading for medium term and i'm really don't know when to take the exit level or the stop loss points (i usually average till 300 points).
thx dr q.
gl gt
Bahrain within 10 pips 07:48 GMT June 1, 2004
Reply
Dr. Q what do you think?
Saihat 07:47 GMT June 1, 2004
Reply
Bahrain within 10 pips 07:43
one week...still i do not get your post
Bahrain within 10 pips 07:46 GMT June 1, 2004
Reply
First down to 1.2110 then to 1.23
Bahrain within 10 pips 07:43 GMT June 1, 2004
Reply
this is part history and part forecast with time in ETS...
check out what happened (Historical VS. Model)...then compare the +EST Forecasts...Euro is going down..
Eur 15 Min H HC LC L
5/31/2004 20:45 1.2245 1.2229 1.2150 1.2135
5/31/2004 21:00 1.2248 1.2231 1.2149 1.2134
5/31/2004 21:15 1.2249 1.2231 1.2149 1.2133
5/31/2004 21:30 1.2249 1.2231 1.2150 1.2134
5/31/2004 21:45 1.2248 1.2229 1.2149 1.2132
5/31/2004 22:00 1.2247 1.2228 1.2147 1.2130
5/31/2004 22:15 1.2244 1.2226 1.2147 1.2130
5/31/2004 22:30 1.2240 1.2223 1.2148 1.2133
5/31/2004 22:45 1.2230 1.2216 1.2148 1.2133
5/31/2004 23:00 1.2228 1.2214 1.2148 1.2133
5/31/2004 23:15 1.2227 1.2213 1.2147 1.2132
5/31/2004 23:30 1.2229 1.2215 1.2147 1.2131
5/31/2004 23:45 1.2231 1.2217 1.2147 1.2131
5/31/2004 0:00 1.2231 1.2217 1.2147 1.2131
6/1/2004 0:15 1.2232 1.2218 1.2148 1.2132
6/1/2004 0:30 1.2233 1.2219 1.2148 1.2132
6/1/2004 0:45 1.2234 1.2219 1.2148 1.2132
6/1/2004 1:00 1.2235 1.2220 1.2148 1.2131
6/1/2004 1:15 1.2235 1.2221 1.2147 1.2130
6/1/2004 1:30 1.2236 1.2222 1.2146 1.2129
6/1/2004 1:45 1.2237 1.2222 1.2144 1.2126
6/1/2004 2:00 1.2237 1.2222 1.2143 1.2125
6/1/2004 2:15 1.2237 1.2222 1.2142 1.2124
6/1/2004 2:30 1.2237 1.2222 1.2142 1.2124
6/1/2004 2:45 1.2238 1.2222 1.2140 1.2122
6/1/2004 3:00 1.2238 1.2223 1.2140 1.2122
6/1/2004 3:15 1.2238 1.2223 1.2141 1.2123
6/1/2004 3:30 1.2241 1.2226 1.2142 1.2124
6/1/2004 3:45 1.2245 1.2228 1.2142 1.2124
6/1/2004 4:00 1.2248 1.2231 1.2142 1.2122
6/1/2004 4:15 1.2255 1.2237 1.2142 1.2122
6/1/2004 4:30 1.2261 1.2241 1.2141 1.2121
6/1/2004 4:45 1.2264 1.2244 1.2141 1.2120
6/1/2004 5:00 1.2265 1.2245 1.2140 1.2118
6/1/2004 5:15 1.2265 1.2246 1.2142 1.2119
6/1/2004 5:30 1.2266 1.2247 1.2146 1.2124
6/1/2004 5:45 1.2267 1.2248 1.2149 1.2128
6/1/2004 6:00 1.2267 1.2249 1.2152 1.2131
6/1/2004 6:15 1.2268 1.2250 1.2157 1.2137
6/1/2004 6:30 1.2268 1.2250 1.2158 1.2138
6/1/2004 6:45 1.2271 1.2252 1.2158 1.2137
6/1/2004 7:00 1.2272 1.2253 1.2157 1.2137
6/1/2004 7:15 1.2273 1.2254 1.2157 1.2137
6/1/2004 7:30 1.2273 1.2254 1.2157 1.2136
6/1/2004 7:45 1.2272 1.2253 1.2157 1.2136
6/1/2004 8:00 1.2270 1.2251 1.2157 1.2136
6/1/2004 8:15 1.2269 1.2250 1.2160 1.2140
6/1/2004 8:30 1.2269 1.2251 1.2162 1.2142
6/1/2004 8:45 1.2269 1.2251 1.2161 1.2139
6/1/2004 9:00 1.2270 1.2253 1.2160 1.2138
6/1/2004 9:15 1.2270 1.2253 1.2166 1.2145
6/1/2004 9:30 1.2271 1.2254 1.2173 1.2154
6/1/2004 9:45 1.2270 1.2253 1.2171 1.2152
6/1/2004 10:00 1.2269 1.2253 1.2171 1.2152
6/1/2004 10:15 1.2269 1.2253 1.2173 1.2154
6/1/2004 10:30 1.2269 1.2253 1.2172 1.2153
6/1/2004 10:45 1.2275 1.2257 1.2171 1.2151
6/1/2004 11:00 1.2278 1.2259 1.2164 1.2142
6/1/2004 11:15 1.2281 1.2260 1.2158 1.2134
6/1/2004 11:30 1.2285 1.2262 1.2153 1.2128
6/1/2004 11:45 1.2286 1.2262 1.2147 1.2119
6/1/2004 12:00 1.2286 1.2261 1.2143 1.2115
6/1/2004 12:15 1.2282 1.2259 1.2139 1.2110
6/1/2004 12:30 1.2278 1.2255 1.2137 1.2108
6/1/2004 12:45 1.2273 1.2251 1.2136 1.2108
6/1/2004 13:00 1.2263 1.2243 1.2135 1.2108
6/1/2004 13:15 1.2258 1.2240 1.2135 1.2109
6/1/2004 13:30 1.2256 1.2238 1.2134 1.2108
6/1/2004 13:45 1.2254 1.2236 1.2133 1.2107
6/1/2004 14:00 1.2252 1.2235 1.2133 1.2107
6/1/2004 14:15 1.2253 1.2236 1.2133 1.2108
6/1/2004 14:30 1.2253 1.2236 1.2134 1.2109
6/1/2004 14:45 1.2254 1.2237 1.2135 1.2110
6/1/2004 15:00 1.2251 1.2235 1.2136 1.2111
6/1/2004 15:15 1.2249 1.2234 1.2136 1.2112
6/1/2004 15:30 1.2248 1.2233 1.2136 1.2111
6/1/2004 15:45 1.2257 1.2240 1.2136 1.2110
6/1/2004 16:00 1.2267 1.2247 1.2135 1.2109
6/1/2004 16:15 1.2276 1.2254 1.2135 1.2108
6/1/2004 16:30 1.2282 1.2258 1.2134 1.2106
6/1/2004 16:45 1.2289 1.2264 1.2135 1.2105
6/1/2004 17:00 1.2293 1.2268 1.2132 1.2101
6/1/2004 17:15 1.2300 1.2273 1.2132 1.2098
6/1/2004 17:30 1.2306 1.2278 1.2131 1.2096
6/1/2004 17:45 1.2314 1.2284 1.2132 1.2096
6/1/2004 18:00 1.2320 1.2289 1.2133 1.2096
6/1/2004 18:15 1.2324 1.2293 1.2134 1.2097
6/1/2004 18:30 1.2328 1.2296 1.2136 1.2099
6/1/2004 18:45 1.2329 1.2298 1.2145 1.2109
6/1/2004 19:00 1.2326 1.2297 1.2155 1.2121
Hong Kong Qindex 07:42 GMT June 1, 2004
Reply
hk ab nz 0.65 in 3 months 07:38 GMT - 10Yr-Bond : It was a leading indicator for EUR/USD in the last 10 trading days.
Hong Kong Qindex 07:40 GMT June 1, 2004
Reply
indonesia newbie 07:38 GMT - Good afternoon! Bias is one thing but we always need a stop loss level in case the market moves the other way. There is no guarantee in this business.
MONACO OGA 07:39 GMT June 1, 2004
Reply
FX UPDATE 01/06
Good morning,
***EUR***
EUR/USD (currently 1,2240), 40 pips lower than friday with market consolidating above 1,2160 as we expected (range 1,2150-1,2300). We are now looking for 1,2150 support zone to hold and ideally 1,23 should be tested and broken in the coming session, we still think there are chances to reach 1,2350 and higher (1,2450) in order to complete the W pattern shaping up since March. For today, we will remain neutral unless we break 1,2310 (bullish signal) or we retrace to 1,2150 (buying opportunity). On the downsides, a violation of 1,2080 pivotal point should encourage EUR bears into selling (1,1980).
Data out today:
EURozone PMI manufacturing May expected 55 08.00 GMT
EURozone GDP Q/Q expected 0,6% 09.00 GMT
UK PMI manufacturing May expected 54 09.00 GMT
US construction spending April expected 0.4% 14.00 GMT
US ISM manufacturing May expected 61.5 14.00 GMT
Gold at 395,00, with WTI July at 39,88
***JPY***
USD/JPY (109,40). The pair pushed through our first support level and printed a new low at 109,31 earlier today. Daily chart shows a 50 period weighted moving average at 109,24 and we reckon 109,00-50 should be a supportive zone tough to crack. We expect the market to rebound to 111,00 and hover inside 109-111 in the coming trading sessions.
EUR/JPY currently 133.90, sharply retraced down since last friday, 133 appears as an intermediary support, then big one at 131,50. On the upsides, 134,50 is now looking offered.
***GBP***
Cable (currently 1,8370), hovering inside 1,8270-1,8410. We reiterate our bullish views: the market is moving upwards and is setting up a new 1,82-1,86 trading range.
EUR/GBP (0,6660) pretty much the same as on Friday. We remain neutral for the time being. Support around 0,6650 and 0.6620, resistances at 0.6730 then 0,6760.
Have a nice day,
Olivier
hk ab nz 0.65 in 3 months 07:38 GMT June 1, 2004
Reply
Qindex, unfortunately, I don't trade bonds.....
Is it still crashing?
indonesia newbie 07:38 GMT June 1, 2004
Reply
Hong Kong Qindex 07:23 GMT June 1, 2004
hi dr q good afternoon,
so dr q for eur is it the bias still on down side or we must prepare for upward(at least neutral).
Normandy Nick 07:38 GMT June 1, 2004
Reply
Hi,
I hope you had a good week end;
Euro has given a buy signal at 1.2242 but it seems this upmove has been produced by the rumours on petrol ( what do you think?) . The number expected in 25 minutes should give the direction for today. Buy order at 1.2250 for 1.2285( and plus, if affinity)
sell 1.2190 for 1.2150
pound
Hong Kong Qindex 07:35 GMT June 1, 2004
Reply
hk ab nz 0.65 in 3 months 07:32 GMT - Keep an eye on the US 10-Yr Bond this week.
Miami OMIL (/;-> 07:35 GMT June 1, 2004
Reply
Light support for eur/usd for now will be 1.2210-20 other support are at 1.2190-2200 and 1.2145-55 if support holds then we should see the test on the 1.2300 area soon IMHO. GL GT.
hk ab nz 0.65 in 3 months 07:33 GMT June 1, 2004
Reply
oilman, have u seen l/t money made up their mind yet? or they are still waiting patiently?
hk ab nz 0.65 in 3 months 07:32 GMT June 1, 2004
Reply
Qindex, Japanese will often surprise us right? GT!
Bahrain within 10 pips 07:24 GMT June 1, 2004
Reply
1.2110 sorry
Hong Kong Qindex 07:23 GMT June 1, 2004
Reply
Hong Kong Qindex 09:46 GMT May 31, 2004
EUR/USD : Daily Cycle Quantized Levels
... 1.2031 ... 1.2125 // 1.2156 - 1.2187 - 1.2218 - 1.2249 - 1.2280 // 1.2311 ... 1.2374 ...
The market is likely to vibrate around 1.2218 with an expected magnitude of 1.2187 - 1.2249 for the time being. This daily cycle charts will cover the period between Monday and Tuesday.
Bahrain within 10 pips 07:23 GMT June 1, 2004
Reply
Next level for eur is 1.1210
Helsinki iw 07:18 GMT June 1, 2004
Reply
Fwiw/ Intraday studies are a bit overbought in EUR/USD so we
need a few hours to unwind that status, but overall the picture is quite bullish. Expecting the market to trade into the 1,2350/00 area soon, and on a break the next level is the 61.8% correction of the drop from the 1,29++ top, i.e. 1,25ish. That area could be quite tough, at least on a first try.
IMHO
hk ab nz 0.65 in 3 months 07:13 GMT June 1, 2004
Reply
nt, are you still in holiday?
hk ab nz 0.65 in 3 months 07:11 GMT June 1, 2004
Reply
GVI, your TA section is a very very professional help and the things are quite easy to understand! GREAT WORK! I can now spare some more time to get more tools into my box.
jf//What is your view on the sudden M3 increase in USD? thanks.
Ldn 07:03 GMT June 1, 2004
Reply
OPEC To Discuss Ceiling Hike, New Price Range -Iran Govt
hk ab nz 0.65 in 3 months 06:46 GMT June 1, 2004
Reply
eur 100 dma 1.2261 again.
Miami OMIL (/;-> 06:39 GMT June 1, 2004
Reply
Hello everyone sorry for this late comment I was hoping for some kind of stronger retracement to get a healthy run at the 1.2300 resistance but I guess eur/usd can�t wait. FWIW I also have an intraday buy signal around the 1.2220-30 area looking to break up the resistance this time around hopefully. GL GT
Tallinn viies 06:26 GMT June 1, 2004
Reply
Plovdiv Gotin 05:58 - belly up I guess
Ldn 06:00 GMT June 1, 2004
Reply
There was talk of decent buying interest out of Asia late in the session that kept the AUD/USD buoyant into the London session.Ifr
Plovdiv Gotin 05:58 GMT June 1, 2004
Reply
I can not logging on with deal4freelite.com. Somebody knows someting mates?
Chambery FR JFB 05:49 GMT June 1, 2004
Reply
Good morning all :-)
Fwiw, got a buy signal on Euro @1.2200, took it :-)
Happy trades...
Ldn 05:49 GMT June 1, 2004
Reply
The topside of the NZD/USD remains vulnerable amid talk of more uridasi interest. The market is looking for a test of resistance around 0.6375 in the sessions ahead
IFR.
Hong Kong Qindex 05:45 GMT June 1, 2004
Reply
Bahrain within 10 pips 04:46 GMT - Thank you for your information.
test 05:44 GMT June 1, 2004
Reply
test
Bahrain within 10 pips 04:57 GMT June 1, 2004
Reply
EUr/CAd should be a sell here for 50 pips
Bahrain within 10 pips 04:46 GMT June 1, 2004
Reply
Dr. Q
I worked out the GMT+20 levels...consider this though...the levels are for (t+30 hours)...Plus without time series..
Currecny Short Long
EURUSD 1.2270 1.2110
USDJPY 110.29 108.86
GBPUSD 1.8447 1.8183
USDCHF 1.2645 1.2449
EURCHF 1.5337 1.5239
AUDUSD 0.7200 0.7098
USDCAD 1.3697 1.3540
NZDUSD 0.6365 0.6270
EURGBP 0.6686 0.6621
EURJPY 134.60 132.65
GBPJPY 202.26 199.10
CHFJPY 87.97 86.68
GBPCHF 2.3091 2.2843
EURAUD 1.7157 1.6928
EURCAD 1.6723 1.6493
AUDCAD 0.9800 0.9671
AUDJPY 78.94 77.67
Bahrain within 10 pips 04:42 GMT June 1, 2004
Reply
GM everyone.. :)
Hong Kong Qindex 04:04 GMT June 1, 2004
Reply
dc CB 20:01 GMT - 10-Yr Bond : When the June contract expired my monthly cycle analysis would apply to the September contract.
Hong Kong Qindex 04:02 GMT June 1, 2004
Reply
Singapore Sfx 03:59 GMT - Good morning!
Singapore Sfx 03:59 GMT June 1, 2004
Reply
Hong Kong Qindex 15:17 GMT May 31, 2004
EUR/USD : 1.2156 - 1.2187 - 1.2218
Nice one - Qindex ... thanks..
Hong Kong Qindex 03:56 GMT June 1, 2004
Reply
Rye, NY et 03:30 GMT - Good morning! 10-Yr Bond : The market made an interesting move on last Friday. I guess the bond market would give us a better indication on the movement of US$.
NY GG 03:36 GMT June 1, 2004
Reply
"Blue horseshoe likes" usdyen 108.30 this week. sell at 109.90 if seen again. stop at 110.50. gts
Brisbane L 03:36 GMT June 1, 2004
Reply
Australia's PM: Next Election Remains Long Way Off
Rye, NY et 03:35 GMT June 1, 2004
Reply
ICT ML 03:29 GMT June 1, 2004
Frankly, on dailies, if there's Euro bounce from 1.2100/50, I wouldn't see it further than about 1.2450 before another pullback. All, of course, IMHO...
Rye, NY et 03:30 GMT June 1, 2004
Reply
Hong Kong Qindex 03:23 GMT June 1, 2004
Thank you again for your posts on the 10s. It's been a long weekend here, so I'll have to study them tomorrow. I think we'll be looking at bonds this week, so I'll post if we find a good entry point. I hope you had a good weekend, too. Thanks again...
ICT ML 03:29 GMT June 1, 2004
Reply
well after looking at my daily charts, it might be a tad soon to be buying cable and euro for another 500-700 pip move, but I will keep buying on dips w/ tight stops until that don't pay the bills anymore.
Hong Kong Qindex 03:23 GMT June 1, 2004
Reply
Hong Kong Qindex 06:53 GMT May 31, 2004
10-Yr Bond (September) : The key quntized level of my daily cycle is located at 108^21. The pattern of my daily cycle charts suggest that the market is likely to trade between 107^29 - 108^21 initially. The lower barrier is located at 107^17 // 107^29 and the upper barrier is expected at 109^01 // 109^20. The odds are in favour of taking long position on dips. The June contract should be used as a reference, keep an eye on my monthly cycle charts.
... 107^17 // 107^29 - 108^09 - (108^21) - 109^01 // 109^20 ...
Hong Kong Qindex 03:21 GMT June 1, 2004
Reply
dc CB 20:01 GMT - 10-Yr Bond : Whenever I post any monthly and weekly cycle analysis, it would apply to the most recent contract. In this case the analysis would apply to June contract and it will be used as a reference.
Rye, NY et 03:15 GMT June 1, 2004
Reply
ICT ML 03:11 GMT June 1, 2004
Well, stress cracks certainly better than a direct hit. It seems that they're more frequent and more violent than they were when I lived there...Glad you're safe on this round...I'm looking for 1.2100, but probably anywhere from there up to your level is a good buy...
OK SZ 03:13 GMT June 1, 2004
Reply
ML, yes I was thinking around 12135, but I will take 50..thanks hope you have a good week
ICT ML 03:11 GMT June 1, 2004
Reply
SZ...I think 1.2150 was a good BOD point, might get another chance in Ldn session?
houston st 03:08 GMT June 1, 2004
Reply
OK SZ 03:05 GMT -- anytime I'm away from the market for that long I certainly have a different perspective..usually not so myopic..counting on you now to give me a correct market view this week..you can start tonight! :) have a profitable week/month..
OK SZ 03:05 GMT June 1, 2004
Reply
ST, good evening..well I have not traded in a week and it feels like months..looks like you got the euro at a pretty good price there..someone posted about a 122 & 123 option but don't know if they are long or short.might have a wait for a pullback to get on this train..gl, gt
OK SZ 03:03 GMT June 1, 2004
Reply
ML, glad to see you doing good..what's your take on the euro?
houston st 03:01 GMT June 1, 2004
Reply
Okie -- good evening..talked to my people in Bixby and the sirens went off several times over the long weekend, but nothing to report..long the eur/usd @ scale from 1.2160+..waiting for next assault to 1.23xx or above..still riding usd/jpy short but it's more medium-term over next 30-60 days..any trades you like? good trades/luck this new month.
ICT ML 03:01 GMT June 1, 2004
Reply
Rye, west end of town where I live got some wind and slight rain/hail.....southeast end got hammered pretty good with straight line winds.....twisters skirted through the usual alley but damage not that bad this time.
I did see (2) stress cracks in the walls in my garage that were'nt there on Thursday though. I framed this monster house myself, and those walls were braced to a ridiculus level.......
Rye, NY et 03:00 GMT June 1, 2004
Reply
OK SZ 02:51 GMT June 1, 2004
Glad they missed you....I'm looking for 1.2100 to buy some more of that Common Currency...How about you?
OK SZ 02:51 GMT June 1, 2004
Reply
Rye, hey what's happening? hope your memorial weekend was good. oh yes we had some nice storms but tornadoes went around us..had 100mph winds though, our trees are still standing:) little clean up and all is well..
HOUSTON KEN 02:48 GMT June 1, 2004
Reply
any bounce on cable is shorting signal i will short cable in time
Rye, NY et 02:47 GMT June 1, 2004
Reply
OK SZ 02:27 GMT June 1, 2004
ICT ML 02:26 GMT June 1, 2004
I hope you guys didn't have to spend too much time in the cellar this weekend. Looked pretty rough out there on TV.
LAX-LGB SNP 02:34 GMT June 1, 2004
Reply
mpeg/avi player needed on HF, please ? TIA :-)
OK SZ 02:27 GMT June 1, 2004
Reply
well that should be the low for the asian session on the euro
ICT ML 02:26 GMT June 1, 2004
Reply
just checked the charts today, cable has bounced once off my BOD level at 1.8275 with 4 hr finally getting ready for a good buy signal....think it is a buy again now, stop at 1.8270.
Hope all had a good Memorial day weekend. Spent mine tearing apart my summer toy (Jeep Cherokee) and making it "better"...
hk ab nz 0.65 in 3 months 02:24 GMT June 1, 2004
Reply
revdax, maybe....
but this big weekly pennant will not be wrong.
i would prefer to add to seel even.
hk dong 02:12 GMT June 1, 2004
Reply
revdax agree, eur/jpy target 134.50/135.50 next 2 sessions
gt
KL KL 02:12 GMT June 1, 2004
Reply
Ldn 01:30 GMT June 1, 2004 , when you say option expiry...does it mean both put and call close to that price?? Appreciate your input!!
Gold Coast martin 02:05 GMT June 1, 2004
Reply
the big fish use uridashi issuance in pipeline to boost currency...over 50% of uridashi orders in pipeline never occur due to large dependence on a stable fx rate over a long period..this of course is not common in forex...refer to my previous posts over the last 3 months about uridashi issuance...the bottom line is:in a day devoid of significant data do not let uridashi talk form a major driver in your short to medium strategy....g/l to all
hk revdax 02:01 GMT June 1, 2004
Reply
hk ab nzd 0.65 22:20 GMT May 31//You might be walking down the wrong path for today(Jun 1)...imo.
Brisbane L 01:57 GMT June 1, 2004
Reply
Japanese buying of NZD noted early, more uridashi demand
tipped.
HOUSTON KEN 01:48 GMT June 1, 2004
Reply
i think that aud has to retest .6820 low on a second wave or near it before it starts to move forward . but if it breaks it is going down more.
Ldn 01:30 GMT June 1, 2004
Reply
Option expiry Tuesday NY .
AUD 0.7200(lge).
EUR 1.2200(lge)
EUR 1.2300(lge).
Chicago YM 01:27 GMT June 1, 2004
Reply
nice
Brisbane L 01:27 GMT June 1, 2004
Reply
AP....Business expectations in Australia have strengthened in the second quarter of 2004, with 21% of firms expecting an improvement in the general business situation in the next six months, up from 17% in the first quarter, according to a survey published Tuesday.
"Solid expectations for demand, production, and employment underpinned the robust composite," it reported.
The survey's composite index suggests that non-farm gross domestic product growth should strengthen
Gold Coast martin 01:21 GMT June 1, 2004
Reply
GOOD MORNING..my previous post of 3 days ago that aud will trade between 7065-7150 still applies for next 24 hours before a downward bias emerges..good trades to all...
Ldn 01:00 GMT June 1, 2004
Reply
Indonesia Solo Raden Mas
ok thanksyou
Ldn 01:00 GMT June 1, 2004
Reply
Indonesia Solo Raden Mas
Indonesia Solo Raden Mas 00:57 GMT June 1, 2004
Reply
Ldn 00:44 GMT June 1, 2004
yes.. that number must be get, but not for now. still look for low. I think start after tomorrow to go there.
Ldn 00:44 GMT June 1, 2004
Reply
Indonesia Solo Raden Mas
do you still see Aud getting top of 7240 you mentioned last week
Indonesia Solo Raden Mas 00:41 GMT June 1, 2004
Reply
there is good opportunity in USD/Rupiah.
now is at 9260. who want to buy usd sell Rupiah? still good chance to get 10.800 or 13250 in this year. good moment.
Indonesia Solo Raden Mas 00:23 GMT June 1, 2004
Reply
good morning Asia Traders !!
gbp/usd have confirmed with sell signal to get number low at 1.8153.
Gen dk 00:04 GMT June 1, 2004
Reply
Trading Signals Updated:
CLICK HERE for more Gen dk information