Forex Forum Archive for 08/05/2004

Brooklyn mhi 23:58 GMT August 5, 2004 Reply   
DJ MARKET TALK/JP: Nikkei Futures Open Down 155 On SGX

Sydney gvm 23:55 GMT August 5, 2004 Reply   
Qindex - the only problem with your thesis is that Greenspan concentrates his analysis on the Core CPI which excludes energy and food (crazy in my opinion) so therefore can justify a .25 increase. And secondly I really dont think he is likely to upset the politicial applecart by surprising the markets this close to the election. I think the Bond markets will do his work for him and sell off if he continues to stay behind the curve.

cairo amgad 23:54 GMT August 5, 2004 Reply   
Brooklyn mhi 22:22 GMT August 5, 2004

I am sorry, if usd/jpy break 111.92(bid), we will not see 110.87 again.

Melbourne Qindex 23:50 GMT August 5, 2004 Reply   
Melbourne Qindex 23:30 GMT August 5, 2004
Crude Oil : How can we fight against the current oil crisis?


Crude oil hit a high at 44.5 and settled at 44.41 in the last New York session. If the market cannot stablise around 44.32 which is the key quantized level for my current 3-month projection profile, the trading range of crude oil can reach 49.50 - 53.00 in August.

One of the way to fight against the current oil crisis is to slow down the world economy. We have the experence in the 80s and the effect is very good. If the US Government have the will Alan Greenspan has the power to precipitate a world recession by increasing the Fed rate faster. The previous speeches of Alan Greenspan is clear that the option of faster rate hike will be considered. I would not be surprised that the Fed will increase 0.5% instead of 0.25% next week.

houston ken 23:46 GMT August 5, 2004 Reply   
can someone take a look at euro aud please and tell me if this movement has a leg?

CA Clouy 23:38 GMT August 5, 2004 Reply   
GEP, u shorted usd/jpy? May i plz know the s/l and t/p? My entry was a bit too ealier and lower, and am worrying the break. TIA.

GL & GT.

Dallas GEP 23:33 GMT August 5, 2004 Reply   
Short all yen pairs from earlier.

Syd 23:05 GMT August 5, 2004 Reply   
AXA Australia Says Parent May Make A$3.1B Bid share
At current market prices, AXA Asia is valued at A$5.71 billion, with the likely offer price valuing the local operation at A$6.52 billion
Possible Aud Bullish

Ldn 22:55 GMT August 5, 2004 Reply   
AXA Australia Says Parent May Make A$3.1B Takeover Bid

AXA SA has sought talks with the Australian company's independent directors about the French parent buying the 48.3% of AXA Asia it doesn't own, AXA Asia said in a statement accompanying its first half profit result.

Brooklyn mhi 22:36 GMT August 5, 2004 Reply   
Ormond Beach, FL AG 22:32
yes error confirmed

Ormond Beach, FL AG 22:35 GMT August 5, 2004 Reply   
Whew! Now its showing OK. I just fell off my chair when I saw that. gl gt

Ormond Beach, FL AG 22:32 GMT August 5, 2004 Reply   
WOW! Is that quote on top panel correct on USD/CHF? 1.4881!

Springdale BDH 22:24 GMT August 5, 2004 Reply   
Short USD/JPY 111.82

Brooklyn mhi 22:22 GMT August 5, 2004 Reply   
cairo amgad 21:08 GMT August 5, 2004
Can you explain why ifs usd/jpy "not broken" 110.87 will not be seen. (if broken will be seen ??!!)

Syd 22:14 GMT August 5, 2004 Reply   
Aussie moves in narrow range overnight current ranges to be maintained ahead of payrolls and RBA semiannual monetary policy statement Monday. Some economists expecting hawkish tone to emerge

syd 22:06 GMT August 5, 2004 Reply   
Dallas-Ft Worth Airport Terminal Reopens After Bomb Scare

Gondomar fxbasilio 21:51 GMT August 5, 2004 Reply   
everibody shorting usdjpy, eurjpy and gbpjpy!

Gen dk 21:44 GMT August 5, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Goes (NL) B747 21:39 GMT August 5, 2004 Reply   
A.G. answers/comments/remarks made USD to raise.

A.G. knows better than anyone on which base he produced answers/comments/remarks...let's face it, A.G. is everything but stupid!

means, EUR/USD @ 1.07-1.12 sooner than later and A.G. knows why - he is maybe the FED's chief but also the highest ranking general among FED's like...

higher oil goes = stronger USD // check the past, also before the current oil trading platform's establishment.

gt

syd 21:21 GMT August 5, 2004 Reply   
More Uridashi issuance for AUSSIE

U.K. J.B. 21:15 GMT August 5, 2004 Reply   
well Cairo it looks bid dolls/yen oil, euro/yen bid etc but feel we are at the top of a 110.85-111.75 range 111.71 = 62 %
so happy to have a small short i.e. 25 % of my portfolio with a tight stop . Off to bed now all the very best.

cairo amgad 21:08 GMT August 5, 2004 Reply   
U.K. J.B. 21:04 GMT August 5, 2004
I agree with you if 111.92 is not broken then 110.87 will not be shown again.

U.K. J.B. 21:04 GMT August 5, 2004 Reply   
Been out for a while good r/r trade sold dolls/yen 111.78 tar 110.85 s/l 112.20

Brooklyn mhi 20:46 GMT August 5, 2004 Reply   
Bruxville Jim 20:44 GMT August 5, 2004
Thank you gn

Bruxville Jim 20:44 GMT August 5, 2004 Reply   
Good night to all the good people here. Bye.

Bruxville Jim 20:26 GMT August 5, 2004 Reply   
Brooklyn mhi 20:21 GMT // Left inverse shoulder stands at 133.65 (Aug 1 low). 134.20 is neckline.

Brooklyn mhi 20:21 GMT August 5, 2004 Reply   
Bruxville Jim 20:12 GMT August 5, 2004
was the lsft shoulder @134.87 on july or 134.21 on August 1

Syd 20:20 GMT August 5, 2004 Reply   
Closing Bell

New York DJ Indus 9963.03 -163.48
Nasdaq 1821.63 -33.43
S&P 500 1080.70 -17.93
DJ Wilshire 5 10472.27 -173.52 -1.63
NYSE Comp 6295.10 -89.96 -1.41

Bruxville Jim 20:20 GMT August 5, 2004 Reply   
Brooklyn mhi 20:10 GMT // 25bp hike this time is as safe as money in the bank. Santa Claus doesn't like to surprise the almighty markets. GL.

Bruxville Jim 20:16 GMT August 5, 2004 Reply   
GEP, do you usually cut your position when the 2-4 hr time limit passes? Or rather keep it until TP or SL orders are executed? Where do you plan to stop out of GBP/JPY short if it continues to long? TIA.

Bruxville Jim 20:12 GMT August 5, 2004 Reply   
Brooklyn mhi 20:06 GMT // You can use a 1hr chart as well if that's more convenient for you this time. Both H&S were drawn from July 30 to today. Take a look.

Brooklyn mhi 20:10 GMT August 5, 2004 Reply   
Spotforex NY 20:01 GMT August 5, 2004
You mean there is a possibility that fed may not raise 1/4 on Tuesday!?

Dallas GEP 20:07 GMT August 5, 2004 Reply   
Internet issiue causing sever issue here at global-view it seems

Brooklyn mhi 20:06 GMT August 5, 2004 Reply   
Bruxville Jim 17:50 GMT August 5, 2004
I pulled up a 4 hour chart on eur and gpy yen could please tell me what the left and right shoulder are?

Spotforex NY 20:01 GMT August 5, 2004 Reply   
Fed was concerned about the economy 'overheating' a few quarters back and also the impact that higher rates would have on the consumer...but the surge in oil is (will) act as a curb for the economy and the consumer.

Japan imports its oil and thus this strength in crude softens the yen.....

Brooklyn mhi 19:53 GMT August 5, 2004 Reply   
Spotforex NY 19:27 GMT August 5, 2004
What do u mean fed's work? keep market

Spotforex NY 19:27 GMT August 5, 2004 Reply   
oil has been doing the Fed's work...and also aiding the BOJ in its desire to see a 'weak' yen.....

wisconsin tim 19:17 GMT August 5, 2004 Reply   
SA Pat 18:36 GMT August 5, 2004
to all that have expirienced BOJ intervention in the past, at what point do they intervene.


at the most inopportune times

stn mer 18:58 GMT August 5, 2004 Reply   
dow @ 10000

ny amc 18:49 GMT August 5, 2004 Reply   
ict...ml...............nice call there ml....keep'em coming

ICT ML 18:42 GMT August 5, 2004 Reply   
//ICT ML 05:59 GMT August 4, 2004
got a 4 hr signal saying the last swing down on gbp-jpy ended after it bounced off the EMA200 again 20:00EST at 201.50, so maybe look for a bounce back to 204 resistance and cover any long intraday stuff there.
nothing is a sure thing though. Slight bias down for the month still.//

204 coming up, might take profit on part at 204 or slightly below and leave some open for 204.50 and higher, with a trailing stop at 203.40 maybe and move it up if it keeps going.

Gen dk 18:39 GMT August 5, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

SA Pat 18:36 GMT August 5, 2004 Reply   
to all that have expirienced BOJ intervention in the past, at what point do they intervene.
Is it a factor at the moment?

Dallas GEP 18:15 GMT August 5, 2004 Reply   
Shorted more gbp @ 203.76 having trouble posting

athens kos44 18:10 GMT August 5, 2004 Reply   
Hi to all.
I think that a good move is to wait and short the eurusd at 1.2090 for targgert 1.2020.
Good trading

Gen dk 17:56 GMT August 5, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

UAE Oil man 17:53 GMT August 5, 2004 Reply   
203.78.

Bruxville Jim 17:50 GMT August 5, 2004 Reply   
Any views concerning those H&S and yen crosses? You are welcome to comment.

Gen dk 17:46 GMT August 5, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Bruxville Jim 17:41 GMT August 5, 2004 Reply   
With breaking 203.45, GBP/JPY completed an inverse H&S on 4hr chart. Target stands around 205.20/30 .
This coincides with EUR/JPY inverse H&S completed a bit earlier, targeting around 135.50. Powerful combination, I'd say. Let's see. 204 resistance under serious attack.

Van jv 17:40 GMT August 5, 2004 Reply   
Another fundamental....OIL.....expected Short to MT to $50, longer 80+. Will BOJ intervene or let JPY decline...Will A.G. still believe in "measured hikes"?........which CCY will benefit most?--- GBP, CAD...............?

Bah Bahrain1 17:38 GMT August 5, 2004 Reply   
UAE Oilman+Stn,mer/// Many thanks frnds....GL.

Global-View 17:36 GMT August 5, 2004 Reply   
The problem was not with our site but an internet glitch that cleared up after a few hours. It was beyond our controal and one of the rare times we have experienced a server issue.

Bruxville Jim 17:31 GMT August 5, 2004 Reply   
GEP, you can now.

Dallas GEP 17:22 GMT August 5, 2004 Reply   
problem with website. Can't post

UAE Oil man 17:19 GMT August 5, 2004 Reply   
bonds market expecting 250.
Fx should be the same.
I expect 231.

Van jv 17:16 GMT August 5, 2004 Reply   
Market mixed, guiet...facing potential storm coming from fundamentals.... ... Employment Numbers
Expected 240K/ Range 180-350/ last 112
manuf.. 13 /-20-40/ -11
There may be , like often, some surprise , my No. +80

Any new estimate please... more useful than mini-tech. guesses

Bruxville Jim 16:45 GMT August 5, 2004 Reply   
Oil man, thanks for your view.

stn mer 16:44 GMT August 5, 2004 Reply   
http://www.ubs.com/

Bruxville Jim 16:43 GMT August 5, 2004 Reply   
"Oil man super attractor" - that's a cool name:))

UAE Oil man 16:42 GMT August 5, 2004 Reply   
Type ubs zurich in google ..

Bah Bahrain1 16:40 GMT August 5, 2004 Reply   
Hi Frnds Good day to u all,
Hope all fine with you.................
Need your help please, Looking for UBS,Zurich web-site.
Thanks in advance.
Good luck to you all.

UAE Oil man 16:39 GMT August 5, 2004 Reply   
Well today's range ..

Goes (NL) B747 16:39 GMT August 5, 2004 Reply   
PAR 16:32 GMT August 5, 2004

long SPOT/FORWARD
short option DNT

this seems to best way to benefit the GBP/JPY interest differences based on safe trading.


gt

UAE Oil man 16:39 GMT August 5, 2004 Reply   
offcourse i could add text just to make pivots and S1 etc look better..

Oil man super attractor is located at 201.98 and market is likely to stay between 201.88-203.78 during the session.

Bruxville Jim 16:36 GMT August 5, 2004 Reply   
Oil man // What is the time frame for the range?

UAE Oil man 16:33 GMT August 5, 2004 Reply   
Range 201.88----202.23--203.78.----204.13

Bruxville Jim 16:32 GMT August 5, 2004 Reply   
GEP, do you trade your own money or on behalf of investors? Just curious.

Goes (NL) B747 16:32 GMT August 5, 2004 Reply   
gep, regarding the GBP/JPY:

in case that position goes against you for the short term - I would like to recommend to you the following:

above 203.90, short every 16 pips - s/l total position 205.30.
it looks that profits will take place in your account within two weeks around 200/-...but, I forgot that you trade only 2-4 HRS possies (why to place s/l above 204/- if you trade only for 2-4 HRS ???)...anyway :-)

gt

gt

PAR 16:32 GMT August 5, 2004 Reply   
Easiest trade is to buy GBP against whatever and collect the interest rate differentials. That is what UK and Japanese banks are doing at the moment.

CA Clouy 16:30 GMT August 5, 2004 Reply   
Closed previous eur short with -7 pips. Waiting for a higher price to short again. I am deeply moved by Two big eur Bears in the board. viies and martin. :-)

GEP, u have plan on this pair before NFP? TIA.

Dallas GEP 16:28 GMT August 5, 2004 Reply   
A little over 5 years, seems like 50!!! LOL

Goes (NL) B747 16:26 GMT August 5, 2004 Reply   
Dallas GEP 16:12 GMT August 5, 2004

may I ask for how long you are trading?

gt

Dallas GEP 16:12 GMT August 5, 2004 Reply   
Stoch turned back up on gbp/jpy looks like BETTER entry would be around 203.50/60

Dallas GEP 16:07 GMT August 5, 2004 Reply   
Took GBP/JPY 203.34 short. stop OVER 204.00 target 202.80
WARNING: very dangerous pair

Dallas GEP 15:51 GMT August 5, 2004 Reply   
Target on usd/jpy 111.10 and target on GBP/JPY 202.80. Usd/jpy tho will probably long FIRST a little

eur lg 15:51 GMT August 5, 2004 Reply   
I'd like to take this opportunity while the mkts are quiet to introduce myself to this forum. I've been hanging around watching for the past couple weeks and have to say, like a lot of the stuff being posted here. For the most part I find it high quality and professional. I hope to be able to throw my thoughts and trades in from time to time along with the rest. Thanks and good trading to all.

Dallas GEP 15:49 GMT August 5, 2004 Reply   
Jim, the daily range is pretty subjective and is based on what you THINK the other pairs MIGHT do as well. For example: for today I believe euro will STILL not break below it's support. Now if it DOES, NO WAY usd/jpy will stay below 112.00 IMO. it is also based on the support and reistances and whether or not you THINK these levels will break or hold.

BTW guys that 1.3210 level was a GREAT short on USD/CAD and I flat just missed it.

Beijing Laowen 15:49 GMT August 5, 2004 Reply   
Does anybody like to short eur/usd here again?
I sold it @1.2050.

Goes (NL) B747 15:45 GMT August 5, 2004 Reply   
Dallas GEP 15:41 GMT August 5, 2004

may you let me know the the next 2-4 HRS targets regarding the shorts (USD/JPY & GBP/JPY) ???

tia & gt

Goes (NL) B747 15:44 GMT August 5, 2004 Reply   
Dallas GEP 15:41 GMT August 5, 2004

thank you, well noted for the future.
the best of luck and trades to you

gt

Bruxville Jim 15:42 GMT August 5, 2004 Reply   
Thanks, GEP. May I ask how you determine the daily range? TIA.

Dallas GEP 15:41 GMT August 5, 2004 Reply   
NL I don't think that far out generally. I usually try to think in terms of 2-4 hour possies.

Gen dk 15:41 GMT August 5, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Dallas GEP 15:39 GMT August 5, 2004 Reply   
My anticipated range today on usd/jpy is 111.85 to 110.65. The 111.39 is a 38% fib point of that range. THAT is how I calculated it and THAT in my view is it's significance.

Goes (NL) B747 15:39 GMT August 5, 2004 Reply   
Dallas GEP, good afternoon to you!!!

your calls regarding short USD/JPY @ GBP/JPY, please let me know your targets for the rest of this week and further.

tia & gt

houston st 15:35 GMT August 5, 2004 Reply   
wisconsin tim 15:32 GMT -- watching eur/jpy too...just can't pull the trigger at these levels, although I may be missing a great opportunity...good trades.

wisconsin tim 15:32 GMT August 5, 2004 Reply   
houston st 15:28 GMT August 5, 2004
what are you doing in FX mkt? gl/gt.

sold usd/yen
looking to sell eur/yen ... just kinda waiting and watching

Chicago YM 15:30 GMT August 5, 2004 Reply   
above the nail

ny amc 15:29 GMT August 5, 2004 Reply   
Dallas..............dont worry the BOYS will be fine this year with there running game to the right side. watch they are going to surprise alot of people with how good there running game will be

Calabash TarHeel 15:28 GMT August 5, 2004 Reply   
Dallas GEP 15:21 GMT August 5, 2004
Hello Gep, since both you and ab are calling the $/jpy short I'm putting a stop at 111.35 and t/p 111.85. Be nice if all trades were a +50/100 choice.
Have a good day. I'm out of here soon. Catch some time on the beach.

houston st 15:28 GMT August 5, 2004 Reply   
wisconsin tim 15:16 GMT -- you got a pretty durable starter there...I'm sure Dallas would trade you in a heartbeat...Vin's backup will probably end up starting at some point in the season, unless they trade for another seasoned QB...what are you doing in FX mkt? gl/gt.

Dallas GEP 15:27 GMT August 5, 2004 Reply   
Well basically the COWBOYS suck at QB but so does almost everybody else. Predict 11-5 season, another wildcard berth and this time a win in first playoff game and they get their lunch ate in the second playoff game.

Bruxville Jim 15:25 GMT August 5, 2004 Reply   
GEP, where does the 111.39 number come from?

Dallas GEP 15:21 GMT August 5, 2004 Reply   
One more thing about entries. In a MIXED or unclear market, I believe it is OK to take a possie at a price that is one in which there is a very high probability that the price action will take you back to that entry EVEN if you are wrong in your initial direction. Some people would call these pivot points.

For example, I took usd/jpy @ 111.39 short earlier and it has for the most part gone long. However, my opinion is short term we will at least get back to that point. Now I also beleived there is more DOWNSIDE to this possie than UPSIDE so that's why I took it SHORT. Most of the time on PIVOT points, one can make money going either direction, So far for example you could have made 28 pips going LONG from 111.39 But I THINK we might print 111.80 earlier for a possible 59 pip gain. So I judge how good a possie was by how much could have been gained going short vs. going long.

lnd 15:21 GMT August 5, 2004 Reply   
Bruxville Jim 14:53 GMT. you either want to be short or neutral but not long if you think it is going down. if you want to chase the pips the other way then you had better be very nimble. gl & gt.

wisconsin tim 15:16 GMT August 5, 2004 Reply   
Vinny can't last a whole season...got a decent backup? good luck fighting the yen pairs.

Drew Hensen ... wish the Packers would of got him instead of Couch Potato to backup Favre

hk ab lazy 15:14 GMT August 5, 2004 Reply   
hk 07:09.... let me tell ya one more thing.

viies has demostrated a v. gd discipline in following the trend and mkt signals no matter the trend is up/down.

With his bearish in eur, it gave out a lot of confid.

You don't need any answer for my trading years or simply, not deserved.

hk ab lazy 15:11 GMT August 5, 2004 Reply   
GL and GT tonight, all. mj tonight.

Calabash TarHeel 15:11 GMT August 5, 2004 Reply   
hk ab lazy 15:04 GMT August 5, 2004
Thanks ab, my entries are from this morning, $/jpy 110.85 (played Noods hunch) to several days ago. Going to let them ride and see what NFP does tomorrow.

gl,gt

Tallinn viies 15:11 GMT August 5, 2004 Reply   
boooringggg.
ooolrite. thats it
out of here,
finally summer arrived. 30 decreas outside,

euro still crap, moved order to cover half to 1,2025 fwiw
sell order at 1,2084 cu

houston st 15:10 GMT August 5, 2004 Reply   
GEP -- gotcha...on another subject, what's Cowboy's going to do long-term about their QB situation? Vinny can't last a whole season...got a decent backup? good luck fighting the yen pairs.

Dallas GEP 15:07 GMT August 5, 2004 Reply   
NOPE ST, do I appear to be conservative???? LOL top for usd/jpy in my view IF euro DOESN"t break is 111.70/80 area. The reason I said conservative is there are many that can't hold large stops so I mentioned that for that purpose.

hk ab lazy 15:04 GMT August 5, 2004 Reply   
TarHeel but my entry on those commod. were this morning.
Take care, those squeeze can easily turn to squealing.

Gen dk 15:03 GMT August 5, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Bruxville Jim 15:03 GMT August 5, 2004 Reply   
Dallas GEP// Thank you for your emotional advice. Could you elaborate more on who are the 'operators'? Or at least in what way they affect markets?

hk ab lazy 15:03 GMT August 5, 2004 Reply   
will add 111.70 on limit.
tight s/l.

Calabash TarHeel 15:02 GMT August 5, 2004 Reply   
hk ab lazy 14:58 GMT August 5, 2004
Looks as if your 15:00 gmt price action is starting.
I too am short aud/$, nzd/$, long $/cad and $/jpy.
Hope your explosion comes to pass.

gl,gt

houston st 15:02 GMT August 5, 2004 Reply   
Dallas GEP 14:45 GMT -- you didn't get stopped out on your conservative stop? gt.

hk ab lazy 15:02 GMT August 5, 2004 Reply   
GEP, join you short 111.54.

PAR 15:02 GMT August 5, 2004 Reply   
UK must now having among the highest interest rates in the industrialised worls after hyperactif BOE raised rates todaY ?

hk ab lazy 15:01 GMT August 5, 2004 Reply   
nt//only thing blocking my guts to long eur is that this line is tested many times with seemingly only ONE supporter...

I will put my 1.19xx entry limit as low as possible.
NFP will be a spark, FOMC is the real truth telling move.

Dallas GEP 15:00 GMT August 5, 2004 Reply   
All YEN pairs to me look short, caution advised to the longers.

hk ab lazy 14:58 GMT August 5, 2004 Reply   
hong kong nt 08:25 GMT August 5, 2004
AB -- look look Euro daily, buyers were seen some 100pips below 250-day sma in Apr and May, you may consider to venture long at 1.19xx, s/l 1.1890, target 1.23..


nt// I 100% support that idea.
that is a true good r/r trade.


fwiw, now only holding aud, nzd shorts and cad longs.

Time for the bomb to explode.

Dallas GEP 14:58 GMT August 5, 2004 Reply   
In the "FAT PIG GETS SLAUGHTERED" category, I think it is a GRAVE mistake to hold on to possies ti try and squeeze the last pips out of them. Operators KNOW this and they feed on it. I have a very close personal friend who is the BEST I have ever seen with entries but is HORRIBLE with exits on possies. Invariably he gives up ALOT of hs profits waiting to get the MAX PIPS out. If you are going to try and hold possies like this take at LEAST half the lots out when you see the price action approaching the first potential reversal point and THEN put stop at BE on second half of lots and GO FOR IT. NEVER be sorry or second guess yourself about taking Profits. You will NEVER get all the pips out of a possie anyway.

Bruxville Jim 14:56 GMT August 5, 2004 Reply   
[GBP/USD] Good UK name bids at 1.8200/05. Stops around
1.8180.

Bruxville Jim 14:53 GMT August 5, 2004 Reply   
ldn, so what about holding gbp/yen longs till that time?

lnd 14:49 GMT August 5, 2004 Reply   
one final note for anyone still around. gbp/yen short best to be put on in 6-9 days time. start with the 6-day we are in day 3 so that makes it monday/tuesday. Dr Q's projections of extremes for this one still look good and you should get better entry levels above 204. gl & gt.

hk ab lazy 14:47 GMT August 5, 2004 Reply   
hong kong nt 08:25 GMT August 5, 2004
AB -- look look Euro daily, buyers were seen some 100pips below 250-day sma in Apr and May, you may consider to venture long at 1.19xx, s/l 1.1890, target 1.23..


nt// I 100% support that idea.
that is a true good r/r trade.

Dallas GEP 14:47 GMT August 5, 2004 Reply   
Also picked up some eur/jpy shorts 134.40

Antwerp Tom 14:46 GMT August 5, 2004 Reply   
Many thanks Viies and Gotin GL GT

Dallas GEP 14:45 GMT August 5, 2004 Reply   
Hey friends. Got usd/jpy short from 111.39 from earlier.

hk ab lazy 14:44 GMT August 5, 2004 Reply   
oops, should be

hk 07:09

Plovdiv Gotin 14:43 GMT August 5, 2004 Reply   
Tom/1.2019

Tallinn viies 14:42 GMT August 5, 2004 Reply   
Antwerp Tom 14:40 GMT- 19 bid

lnd 14:42 GMT August 5, 2004 Reply   
Bruxville Jim 14:04 GMT. think the forum has disconnected a lot of people. i for one am going home as there is nothing to play for ahead of employment data. good night......zzzzzzz

lnd 14:41 GMT August 5, 2004 Reply   
Bruxville Jim 14:04 GMT. think the forum has disconnected a lot of people. i for one am going home as there is nothing to play for ahead of employment data. good night......zzzzzzz

hk ab lazy 14:40 GMT August 5, 2004 Reply   
Someone "commented" on my eur short and jpy long....

hk 01:07 (if I don't remember wrong). By all means and due respect, give yourself an initial. I don't use to talk to anonymous guy.

All eur short, chf long, jpy longs are closed with nice limits.

Thanks for your CONTRA indicators!

Antwerp Tom 14:40 GMT August 5, 2004 Reply   
Hello friends, anybody have intraday low bid for €/$? TIA and GT

PAR 14:20 GMT August 5, 2004 Reply   
Looks like GBP could move higher after supported by higher UK interest rates. Looks like Trichet received instructions from Paris not to worry about escalating inflation.

lahore rugal 14:18 GMT August 5, 2004 Reply   
i think dow will complete its head formation ...


what do u ppl think

Bruxville Jim 14:04 GMT August 5, 2004 Reply   
I guess I've been disconnected from the forum:(

Gen dk 13:25 GMT August 5, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Bruxville Jim 13:20 GMT August 5, 2004 Reply   
Seems that Claims have cleared some of the downside for tomorrow's Payrolls. If one is looking for a fundamental reasons for price action...
~
GEP, seems that $Yen is trying to make an upside breakout on hourly charts. Let's wait for another hourly close above 111.50. Also look for EUR/JPY to complete inverse h&s.

Gen dk 13:05 GMT August 5, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Global-View 13:05 GMT August 5, 2004 Reply   
We are experiencing a rare server issue that appears to be internet related and it is being investigated. So, if you are experiencing delays in loading our pages, it is temporary and hopefully will be resolved soon.

Gen dk 13:04 GMT August 5, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Bruxville Jim 12:48 GMT August 5, 2004 Reply   
Someone's been hacking down this website. Admin should update everything that can be updated:)

Dallas GEP 12:41 GMT August 5, 2004 Reply   
Must be something wrong with website here or my PC. Couldn't get in. Anyway about 10 miuntes ago I took usd/jpy short at 111.39 just prior to data. Conservative stop should be around 111.65.

CA Clouy 12:41 GMT August 5, 2004 Reply   
[US JOBLESS CLAIMS] Initial claims fell by 11K to 336K in the final week of July after an upward revised 347K reading the week before. The drop was somewhat larger than forecast. That left the smoothed 4-week moving avg at 343.5K, up from 336.8K before.

test 12:36 GMT August 5, 2004 Reply   
test

Dallas GEP 11:53 GMT August 5, 2004 Reply   
MArtin, No I don't with DATA coming out I woulod prefer to be square. PLUS while I may very well lose some pips by closing early BUT my own personal experience is traders give back more money than they make by holding on too long to possies trying to squeeze all the pips out of them.

GOLD COAST MARTIN 11:48 GMT August 5, 2004 Reply   
That should read 12010.....

europe M 11:47 GMT August 5, 2004 Reply   
...some bids arr 40/42 in eurusd coming in in past few minutes from some banks and private accounts....

GOLD COAST MARTIN 11:46 GMT August 5, 2004 Reply   
DALLAS...dont you think you closed your euro short a bit early at 12045? still a little downward movement left to 1210 in this wave..g/t

Bruxville Jim 11:46 GMT August 5, 2004 Reply   
ECB rates unchanged. No surprise this time.

Dallas GEP 11:42 GMT August 5, 2004 Reply   
Closed USD/CAD longs from 1.3138 at 1.3185 for +47. Euro short from 1.2070 got executed off sell order and just closed @ 1.2045 for +25.

CA Clouy 11:38 GMT August 5, 2004 Reply   
eur/usd has kept falling after BOE rate hike. It seemed Dr. Q. 1.2020 is going to be met soon.

Sydney gvm 11:38 GMT August 5, 2004 Reply   
anyone shorting $/yen at these levels or are people looking for higher sell levels? TIA

IST Sez 11:32 GMT August 5, 2004 Reply   
Mr.Qindex's predicts are the best as usual...
thnx

Rivonia PipPirate 11:31 GMT August 5, 2004 Reply   
Cluj CG 11:18 GMT Ok, so the Count is good FOR foreign exchange, not good with FX.

Va Raven 11:30 GMT August 5, 2004 Reply   
Is Livingston nh around?

Va Raven 11:29 GMT August 5, 2004 Reply   
US retail is strong overall.

Bruxville Jim 11:25 GMT August 5, 2004 Reply   
Were stops below 1.82 taken out? Maybe need another walk over there to get more...

Va Raven 11:21 GMT August 5, 2004 Reply   
Market is killing time for tomorrow NFP, for eur/usd levelling here, what has been expected?

Cluj CG 11:18 GMT August 5, 2004 Reply   
Rivonia PipPirate - Dracula was created by Hollywood. I saw the movie and is a story created by Hollywood. Our country try to benefit from this story improving the tourism.

Va Raven 11:17 GMT August 5, 2004 Reply   
The poor Ivy data from Canada seems be also priced in at this level (reason for cad stalled), but some chance teh data could be worse than "expected" - a move in cad therefore is expected FWIW.

manila stoked 11:15 GMT August 5, 2004 Reply   
seems to me that the market is really going to range until tomorrow's payrolls. USD is definitely bullish for the next couple of weeks. i believe we will see 1.7500-7600 area sometime this month or early next month for gbp, and 1.1700 for the euro. however, i am anticipating a five wave movement down for the sterling so quite a few opportunities to short. looking for circa 1.8350 to short - about middle of the bollinger bands - which hopefully will coincide with other signals. i hope i see it tomorrow - a little weary that a bearish divergence appeared in the hourly charts earlier today. anyone want to comment on this?

Bruxville Jim 11:14 GMT August 5, 2004 Reply   
Usual picture for GBP on news, expect up again today (maybe after stops below 1.82 taken out) close to 1.83. imho.

Va Raven 11:14 GMT August 5, 2004 Reply   
KL KL 11:04 - Always remember in this business that everything has been expected/priced in at any given time which means only the unexpected would move the market to the level that everything re-adjusted/priced again.
Hike by BoE is 100% expected/priced, then profits taking is set to kick in for re-adjustment.

Rivonia PipPirate 11:13 GMT August 5, 2004 Reply   
Cluj CG 11:02 I hear that Count Dracula is very good with FX, do you see him in town at night?

Prague JV 11:12 GMT August 5, 2004 Reply   
ok CG . sorry . It shows , that thay did teach us at shool not well . or I was not careffull LOL . Good luck to us in trading than

ROM rok 11:10 GMT August 5, 2004 Reply   
Prague JV 11:00 GMT August 5, 2004
Romanien language is SLAVIC , not latin .

Cool! how clever guy ! and chech language is a japanese slang...

HK [email protected] 11:09 GMT August 5, 2004 Reply   
Some say that Romania to Rome was what Australia was to England..To which all the criminals were deported. May be true maybe not.

Kaunas 11:09 GMT August 5, 2004 Reply   
KL KL 11:04 GMT August 5, 2004

actually 0.25 was well expected.
mayeb some of us expected 0.5 so gbp slides...

Sydney gvm 11:07 GMT August 5, 2004 Reply   
KL - often seen - called buying the rumour - selling the fact

HK [email protected] 11:07 GMT August 5, 2004 Reply   
Romanian is a neo-Latin language of Dacian-Romance-Slavic origin. Romanians from the Balkans speak various dialects of Romanian. Some groups within the Romanian community communicate in Hungarian, Gypsy, Serbian, German and Greek, in accordance with their ethnic backgrounds.

The origins and structure of the Latin language, as it was spoken by the ancient Romans, relate to the Romanian language, and as it provides a basis for understanding the other Romance languages.

Cluj CG 11:06 GMT August 5, 2004 Reply   
JV - Romanian language has 0,5 % words with slavic roots, and 99,5% with latin roots. This is my language, I know what I'm talking about ...

Sydney Alimin 11:06 GMT August 5, 2004 Reply   
that's better, finally some movement in this almost dead market

KL KL 11:04 GMT August 5, 2004 Reply   
Actually suprise boe raise rate by .25 and gbpusd goes down....shows how I don't understand what is happening

Cluj CG 11:02 GMT August 5, 2004 Reply   
BoE - 4,75 as expected

Bruxville Jim 11:01 GMT August 5, 2004 Reply   
25

Prague JV 11:00 GMT August 5, 2004 Reply   
Romanien language is SLAVIC , not latin .

Cluj CG 10:55 GMT August 5, 2004 Reply   
Oh, I wrote in one of my messages ... yes :)

Cluj CG 10:54 GMT August 5, 2004 Reply   
Bruxville, how did you know that Cluj is in Romania? :)

Cluj CG 10:53 GMT August 5, 2004 Reply   
No, we don't speak russian in Romania. We do speak Romanian, that is a latin language and English.

GOLD COAST MARTIN 10:53 GMT August 5, 2004 Reply   
bruxvile jim...i govoru po-russki v Avctralii...lol

Bruxville Jim 10:51 GMT August 5, 2004 Reply   
For those who speak Russian - an interesting option is RBC (a web TV channel):
mms://tv.gldn.net/rbc
Russian self-made version of Bloomberg:)
Do you speak Russian in Romania?

Cluj CG 10:45 GMT August 5, 2004 Reply   
Ok, thank you !!

LDN 10:44 GMT August 5, 2004 Reply   
If you don't have access to news, watch here. Someone will post the result.

Cluj CG 10:44 GMT August 5, 2004 Reply   
Hello! Thank you for your message, but I have no Bloomberg TV here in Romania. Do you have any website link?

Bruxville Jim 10:44 GMT August 5, 2004 Reply   
99% probability of 25bp hike. Their comments regarding future rates are more important...

Zaporozhye, UA Nemo 10:38 GMT August 5, 2004 Reply   
2 Cluj Here )

Bruxville Jim 10:38 GMT August 5, 2004 Reply   
Cluj CG 10:30 GMT // Released in 23 mins. Watch Bloomberg TV.

test 10:36 GMT August 5, 2004 Reply   
test

Cluj CG 10:30 GMT August 5, 2004 Reply   
Hello, friends! Where may I find out the BoE interest rate decision, when this is relesed? Thank you !

Bruxville Jim 10:08 GMT August 5, 2004 Reply   
viies, a 'nice' number for masochists:))... Or simply bears...:)

Sydney gvm 10:04 GMT August 5, 2004 Reply   
Tallin - huh? What was the number?

Bruxville Jim 10:04 GMT August 5, 2004 Reply   
-3,5%m/m

Tallinn viies 10:01 GMT August 5, 2004 Reply   
uuaaa. nice numbers ah?
This should help I guess

Tallinn viies 09:59 GMT August 5, 2004 Reply   
last 1,6% sorry

Tallinn viies 09:58 GMT August 5, 2004 Reply   
german manuf orders expected 0,2% last was -0,6%.

lnd 09:56 GMT August 5, 2004 Reply   
van Gecko 09:08 GMT. very good. ducks will quack and dogs will bark. but it is always the case that he who quacks and barks the loudest knows the least. the silent quiet ones would prefer it this way as it makes for more profitable trading. after all it takes two to tango in this zero sum game. gl & gt.

Melbourne Qindex 09:39 GMT August 5, 2004 Reply   
Spot Gold : 391.5 / 391.9

IST Sez 09:35 GMT August 5, 2004 Reply   
Thnx sir
gl.

Melbourne Qindex 09:29 GMT August 5, 2004 Reply   
IST Sez 09:27 GMT - It looks okay to me.

IST Sez 09:27 GMT August 5, 2004 Reply   
M.Qindex,
Dear sir Short gbp-usd to get below 1,82 is ok considering MACD 60m.?
thnx

perrie como 09:16 GMT August 5, 2004 Reply   
Nice to see you Ol' Gecko pal

so the quacking duck idx shd be ranging 0 to 3 now

:)

Bruxville Jim 09:12 GMT August 5, 2004 Reply   
van Gecko, what is your current estimate of the index?

van Gecko 09:08 GMT August 5, 2004 Reply   
"QDC".. Quacking Duck Contrarian theory:
market participants tends to make the most noises at/near market EXTREMES..
like all traditional chart indicators, the Ducks tends to lag behind the market & are behind the curve cheerleaders at/near market EXTREMES..
guage the 'Quacking Duck Noises' QDN level & fade the noisy Ducks..

QDN noise sources;
advisory/guru services
banks/brokers
forums & news sources

QDN composite index:
0-3 dead market, great time for snooze or top/bottom suntaning
4-6 market in consolidation (great market for 'I can turn on a dime' pikers)
7-8 Fade alert
9-10 Fade! Fate! Fay
gauging the Quacking Duck Noise level is highly discretionary & takes a bit of practice.. but over time, it could a rewarding effort for the patient practitioner..fwiw
Cheerios..

Melbourne Qindex 09:07 GMT August 5, 2004 Reply   
USD/JPY : Current Comment.  Register with [email protected] if you have no access to my page.

Gen dk 09:04 GMT August 5, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Haifa ac 09:03 GMT August 5, 2004 Reply   
Apropos energy. The decline yesterday of 10 cents($1.30 to 1.20) in gasoline was NOT a piker's game. It was profit taking by large forces. That means we are going to test the buch level soon. What does that mean to currencies-- I have NO IDEA!

Bruxville Jim 08:57 GMT August 5, 2004 Reply   
hk// I see 111 being traded not rejected right now...

hk 08:52 GMT August 5, 2004 Reply   
111 rejected again, 110.50/20 next

Bruxville Jim 08:46 GMT August 5, 2004 Reply   
JV// Thank you. gl.

Melbourne Qindex 08:41 GMT August 5, 2004 Reply   
USD/CHF : Current Comment.  Register with [email protected] if you have no access to my page.

Prague JV 08:37 GMT August 5, 2004 Reply   
Jim // I will change my bearish view for jpy , if usd/jpy belowe 109.50 . Have buys allready belowe and only adding . Targeting 116.00

eur/jpy have nothing there , coz for now have a bearish view for eur/usd till belowe 1.2200 , but do expect euro go to 1.2300 in some stage of its broader range

gbp/jpy will change bearish view if price under 200.50 , targeting 212.++

aud/jpy till above 77.30 , targeting 82.50

all imho . gl

Gen dk 08:29 GMT August 5, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Tallinn viies 08:28 GMT August 5, 2004 Reply   
good morning world!
euro still under pressure. US numbers helped euro little but still highs lower and lower.
todays star will be gbp.
hike 0,25 pips is included. if bigger hike stg may rally if no change. stg will be sold off.
we may see today 1,2100 tested again but I still see this as opportunity to short. as long as last weekly high 1,2185/90 contains corrections Im hoping to see 1,1890/00.
plan today:
at 1,2005 buying back half. near 1,2065/85 will sell more euros. stop for half at 1,2124/29 area. gt

hong kong nt 08:25 GMT August 5, 2004 Reply   
AB -- look look Euro daily, buyers were seen some 100pips below 250-day sma in Apr and May, you may consider to venture long at 1.19xx, s/l 1.1890, target 1.23..

PAR 08:24 GMT August 5, 2004 Reply   
Expect UK manufacturing and industrial production to be much stronger than expected.

slv sam 08:23 GMT August 5, 2004 Reply   
Bruxville Jim/
Tks!
yes I had even a chance to close at 1.3060 middle of July..but profit is profit and i see good opprtunities around for short trade and long trade!. shall wait for next investment till tomorrow NY.GT

Bruxville Jim 08:22 GMT August 5, 2004 Reply   
Or has he bought an ad in the middle of forum area??!:))

Bruxville Jim 08:20 GMT August 5, 2004 Reply   
Bgd PS 08:16 GMT // I suspect that 'Mos[k]ow' guy is an advertising robot (script). The question remains - why can he post repeatedly for countless times. Jay? Is he using a different IP every time?

Bgd PS 08:16 GMT August 5, 2004 Reply   
Moskow 07:40 GMT August 5, 2004

Can you tell me please what is the point of having access to historical data?
TIA

wisconsin tim 08:14 GMT August 5, 2004 Reply   
slv ... nice

wish i had that patience

Bruxville Jim 08:13 GMT August 5, 2004 Reply   
slv sam, I recall you had +600 pips already a month ago. Congrats for cashing them in! Invest your profits wisely;)

Bruxville Jim 08:09 GMT August 5, 2004 Reply   
JV, so you are buying USD/JPY, EUR/JPY et al? Could you tell me where do you plan do bail out (if forced to) from these longs? And what are your current targets? Thanks in advance.

Prague JV 08:09 GMT August 5, 2004 Reply   
To be more correct , acumulating shorts JPY . Moustly against usd and couple others , but will wait for brakeing range of eur/jpy , before start selling jpy against eur

hong kong nt 08:07 GMT August 5, 2004 Reply   
AB -- c9 are mostly buying usd/chf with target at 1.300..

slv sam 08:06 GMT August 5, 2004 Reply   
slv sam 13:51 GMT May 6, 2004
closed all positions...liquidity raised used to sell $/cad here at 1.3760...will sell only at 1.28..ready to wait for months to realize profits!.GT

Position closed...profits 600pips in 3 months.
1.28 imo still coming..but I see better opprtunities to use elsewhere.GT

Prague JV 08:00 GMT August 5, 2004 Reply   
I do nothing , but sell JPY JIM . gl.

Oakland daimyo 07:58 GMT August 5, 2004 Reply   
Surabaya Medallion 07:46 GMT August 5, 2004
In this environment, I'd be careful w/fundamentals as daily moves have and will continue to be order and technical driven. For instance, the loss of 1.2057 EUR/USD will cause spec crowd to lose conviction in recent b/o (once again caught on wrong side) This will confirm trap for the night and will see tgt 1.2027, maybe more like 1.2008. This type of situation will take place regardless of fundamentals or what the ECB might or might not do tomorrow. I've also been quietly selling.

Bruxville Jim 07:57 GMT August 5, 2004 Reply   
JV, could you please have your say on JPY direction? Or 'interesting' means 'have no clue'? gl.

Prague JV 07:54 GMT August 5, 2004 Reply   
Happy trading to all .

We might have another interesting day for JPY I hope .

Surabaya Medallion 07:46 GMT August 5, 2004 Reply   
I'm still in the bearish mood for USD. I will change my view when the Friday Data can assure me that the U.S Economy is good. Rememer that from last year till Feb 2004 Employment is bad. Data from March (330+), April (288+), May (240+), June (110+) aren't convincing enough for me. Maybe that can explain why Euro is still holding 1.20 area. But in the end, interest is the only consideration no matter how bad the economy is. Just my 2 cents.

Bruxville Jim 07:42 GMT August 5, 2004 Reply   
Mos[k]ow, why do you charge so much money for your stats?

Moskow 07:40 GMT August 5, 2004 Reply   
if you are looking for reliable historical data for trading system verification
and precise technical analysis visit this
This is one of the trustworthiest & effective forex quotes history for intraday trading over net.
Intraday data are presented since 1997

Bruxville Jim 07:33 GMT August 5, 2004 Reply   
'[GBP/USD] small offers 1.8290-00, further offers 1.8320-40
area and good-sized bids touted tight under 1.8250.'

fwiw.

Bruxville Jim 07:31 GMT August 5, 2004 Reply   
'Good bids 1.2050 and 1.2060. Below base bids at 1.2035.
Offers seen below small stops 1.2075 and 1.2095'

Sydney Alimin 07:30 GMT August 5, 2004 Reply   
zorro must be happy, hercules helps holding his euro up there

Spr Noods 07:29 GMT August 5, 2004 Reply   
AB Dlryen touched a low of 110.82 so far
had already sensed the Yen needed some gains
I really doubt it would stop here
could be as low as 110.75 or even back to see the 110.45 again

we had a small client but pretty cool
he's looking at some option stuff 3 months but carry a 107.00

hk ab 07:20 GMT August 5, 2004 Reply   
ac// thanks for your reminder on that 55 days.
My count is 51 days though in which the top should be 2 days ago.

hk ab 07:18 GMT August 5, 2004 Reply   
Look at the archive if you have time..your 110, sounds too simple...

hk 07:17 GMT August 5, 2004 Reply   
hk ab short EUR/USD and long USD/JPY ?
how long have you been trading again?

europe M 07:14 GMT August 5, 2004 Reply   
selling eurusd here at market.... it looks like we will not get above 1,21 today...overraction yesterday on roumors abt terrorist acts.... market is waiting for tom figures out of states.

hk ab 07:13 GMT August 5, 2004 Reply   
07:09... you will see 111 pretty fast again.

hk ab 07:12 GMT August 5, 2004 Reply   
hk 07:09..... COOL signal to long dlr/jpy now?

hk 07:09 GMT August 5, 2004 Reply   
dollaryen 111 now good resist, looking for a quick dive down to 110

Sydney Alimin 07:06 GMT August 5, 2004 Reply   
hk ab: oops yeah shouldn't wake up all the monsters and dragons :) mine is still waiting there

hk ab 07:03 GMT August 5, 2004 Reply   
Alimin.//sh....quietly.

Melbourne Qindex 07:00 GMT August 5, 2004 Reply   
Melbourne Qindex 06:59 GMT August 5, 2004
EUR/USD : The congested area is projected at 1.1973 - 1.2067.


... // 1.1973* - 1.1997 - 1.2020 - 1.2044 - 1.2067 // ...

Sydney Alimin 06:58 GMT August 5, 2004 Reply   
hk ab: got your euro at 70?

Singapore Sfx 06:45 GMT August 5, 2004 Reply   
tks AC..

PAR 06:40 GMT August 5, 2004 Reply   
ECB holds teleconference meeting today. Probably they will predict as they did the last 4 years that oil prices will come down and that there is no inflation.

Haifa ac 06:40 GMT August 5, 2004 Reply   
Singapore Sfx 06:34 GMT // This is a count on the futures side. Does not include some FOrex days.

Haifa ac 06:38 GMT August 5, 2004 Reply   
May 17 high.

Singapore Sfx 06:34 GMT August 5, 2004 Reply   
Haifa ac - 55 days from ? TIA..

Moon Witch 06:32 GMT August 5, 2004 Reply   
Euro up vs USD, target 1.2120

Haifa ac 06:31 GMT August 5, 2004 Reply   
EUR/JPY. Today 55 days. Should be interesting.

hk ab 06:28 GMT August 5, 2004 Reply   
sell the eur "quietly" ......

Singapore Sfx 06:15 GMT August 5, 2004 Reply   
KL KL - I "watch" the nikkei - and that too only as a blinking icon on the screen - dont really follow it - in that dont analyse it on the charts any more than cursorily....

prague viktor 06:14 GMT August 5, 2004 Reply   
GD.....this also from Greenspan estimated (that East Asian monetary authorities - mainly Japan and China - since 2002 had made extraordinary purchases of dollars, almost $240 billion, to prevent their currencies from appreciating against the U.S. currency." and the Q is what they are going to do with it...

Haifa ac 06:12 GMT August 5, 2004 Reply   
Spr Noods 03:16 GMT August 5, 2004
note painfully not many have seen what JF describes "...//
What is a JF?!

KL KL 06:11 GMT August 5, 2004 Reply   
Out of cable short -15pips and eur short -7 pips....lacklustre and may short after BOE raise rates later today...if that happens....Ahh S'pore national day I see....time for police to make some $$$ again...he he..drive slowly lol. Not autobahn that JB KL stretch...BTW Sfx and Noods...you follow Nikkie and Hangseng...any turning point dates??

Wien GD 06:03 GMT August 5, 2004 Reply   
Euro weakness ... some of you forgot that eur RECENTLY traded above 1.24 and was rising ... imho economic data of EUR-region is bad AND economic data of USD-region is bad (or are those deficits and debt and inflation and export of assets and ... positive developments???) ... the single and real reason for this move was ---> USD started slipping down again and to protect currency inflows infront of elections greenspam started another big round of hot air talk ... or did I miss a lot of excellente numbers??? (as I remember most of them were disappointing) ... yes: simply hot air talk of the master himself.
imho: time and facts will tell ... lies are shortlived ... even from greenspam.

Ldn 06:02 GMT August 5, 2004 Reply   
.........either this OR that............. very helpful.

Spr Noods 05:51 GMT August 5, 2004 Reply   
most likely a quick dash to KL have to keep eyes sharp on 120kmh!
booked the hotel already hotel rates gone up a bit in KL
Marriott is fully booked cos gonna stay opposite
its around RM380-per nite now
good luck gts

Singapore Sfx 05:49 GMT August 5, 2004 Reply   
farmacia 05:46 - thanks mate - will take a look .. thinking 1.8121ish a bit important .. biased that it stays intact for a while .. else 1.8336 top for a while too ... like you said here .. big day today.

Singapore Sfx 05:48 GMT August 5, 2004 Reply   
naah Noods - as a matter of fact coming in to work for the sydney shift that day .. family out of town for a couple of weeks - so a lot of time these days spent at boat quay ! ..probably watch the fireworks from the window at home on national day ...

and u ?

melbourne farmacia 05:46 GMT August 5, 2004 Reply   
Singapore Sfx - quick cable chart update in mail.

Spr Noods 05:44 GMT August 5, 2004 Reply   
SFX nice to see you slip to this side of town too
all set for Nat Day hols? going anywhere?

Singapore Sfx 05:42 GMT August 5, 2004 Reply   
thanks alimin - not sure tho what you mean by broken comfortably - cant see any side been broken comfortably yet ... but good luck mate ...

and thanks martin for yr thots too.

Spr Noods 05:40 GMT August 5, 2004 Reply   
Just scratching for a level to short this Dlryen again

hk ab 05:40 GMT August 5, 2004 Reply   
tonight rate decision may help though.... buying is more prefered than selling today.

hk ab 05:39 GMT August 5, 2004 Reply   
chart wise, eur bulls are also busy to save the eur/gbp but current oil pix couldn't give her a hand.

hk ab 05:37 GMT August 5, 2004 Reply   
seems not many people remember the 1K story in NFP....

jf's right, facts make you take profit.

Sydney Alimin 05:37 GMT August 5, 2004 Reply   
Singapore Sfx 05:25 GMT August 5, 2004

show me that 1.2090-1.2110 can be broken comfortably first before we talk about all those 'what if' scenarios

let it happen if it should happen, i have said this before, if last friday's high can be taken comfortably, then i am happy to play the range 1.20-1.22, only above 1.2250 can make me rethink my strategy

GOLD COAST MARTIN 05:33 GMT August 5, 2004 Reply   
SINGAPORE SFX..Should the euro be trading at 12145 levels before NFP, chances are that the upside would have been already ""factored in" in anticipation...so the 12145 level would remain after the NFP with a resumption to the 119 shortly afterwards...g/t

Sydney Alimin 05:32 GMT August 5, 2004 Reply   
there was the talk about 1.2060 being the important long term trendline for euro bulls (broken) and then only if dollar index could gain 89 level (done) and then gold dived, and we have rumours and terror news and there...i just dont understand how one can produce so many arguments to back up his/her stale euro bull position

Singapore Sfx 05:25 GMT August 5, 2004 Reply   
Alimin - what if its trading 1.2140-50 at the time of the NFP ? and then NFP provides the upside for the euro .. what happens then ?

hk ab 05:25 GMT August 5, 2004 Reply   
nt// just a curious qns, does the c9 index support the USD bearish at the moment?

Sydney Alimin 05:22 GMT August 5, 2004 Reply   
where is the euro rebound that has been talked about? yuhuu, 1.2090 is still there :) i think upside for euro is limited whereas we have seen lower and lower downside, so i agree with the view that even if NFP can provide an upside to euro, it will be quickly sold off again....let's see

hk ab 05:22 GMT August 5, 2004 Reply   
I expect strong resist. at that 50 wma for chf but pix seems spend stablizing above 1.25 now.

hk ab 05:21 GMT August 5, 2004 Reply   
I noted first the range in chf was 1.22-1.25, then 1.22-1.27, now it's 1.22-1.28...

I give it 1.22-1.32.

hk ab 05:20 GMT August 5, 2004 Reply   
nt// you disregard those closing under of imp't dma and wma indicators in eur?

GOLD COAST MARTIN 05:18 GMT August 5, 2004 Reply   
SYDNEY..meant that i dont trade these 2 currencies....

GOLD COAST MARTIN 05:16 GMT August 5, 2004 Reply   
SYDNEY..I dont want to speculate on these 2 currencies as i dont really trade and there are traders in this forum more qualified than me on these pairs to offer an opinion....g/t

Sydney 05:12 GMT August 5, 2004 Reply   
GOLD COAST MARTIN - if euro at 1.00 by year end, what about Gbp and Yen ?

hong kong nt 05:06 GMT August 5, 2004 Reply   
AB -- After next Tue's rate decision, consensus is 25bp, where can USD go? currently, seeing a V-shape rebound of USD most unlikely to occur as long as USD bulls fail to stabilise below EUR/USD 1.20 and above USD/CHF 1.28, unless clear and strong reversal signals are seen, better trade with a downside bias of USD in your mind in August..

Argentina moscar 04:51 GMT August 5, 2004 Reply   
soon?

Dallas GEP 04:51 GMT August 5, 2004 Reply   
USD CAD IN now @ 1.3138 LONG, target 1.3168

LA fxnew 04:49 GMT August 5, 2004 Reply   
Market is too quiet today...
Seems like there will be a big move soon.

Argentina moscar 04:31 GMT August 5, 2004 Reply   
Hey Yinzi,
Why don't you write a traduction with your message?
I can't understand nothing with your alphabet.
Thank you

houston st 04:22 GMT August 5, 2004 Reply   
looks like you've got more questions than answers today...

广东 04:21 GMT August 5, 2004 Reply   

**神秘点的探索**8月5日--（yinzi）
一、8月5日的神秘点是：
序 货 币 可能低点 可能高点 今天操作提示 预测本周高低点
0 DINIW 89.30 90.20 88.10 / 90.80
1 EUR/USD 1.1990 1.2130 1．2000多 1.1940 / 1.2226
2 GBP/USD 1.8170 1.8330 1．8180多 1.8010 / 1.8430
3 AUD/USD 0.6980 0.7120 0．6990多 0.6930 / 0.7155
4 USD/CHF 1.2690 1.2850 1.2690空朗 1.2600 / 1.2940
5 USD/CAD 1.3120 1.3400 1.3130空加 1.3100 / 1.3400
6 USD/JPY 110．50 111.50 110.60空日 110.00 / 113.60
以上数据仅供参考、风险自负。注意：一定要定止损。
当买进以后。价上到30点以上就要提止损到买价！以保不亏。

yinziQQ:30963505
2004年8月5日

GOLD COAST MARTIN 04:14 GMT August 5, 2004 Reply   
C.A..During the course of a forex traders life he goes through stages where he and his system take a position whether short ,medium or long with a timespan built in...At this stage of my life this is my current position....g/l g/t

CA Clouy 04:08 GMT August 5, 2004 Reply   
GOLD COAST MARTIN 03:59 GMT

Martin, that was really a strong speech from a huge Bear labeled as "eur/usd". :-)

GL & GT

sar jf 04:07 GMT August 5, 2004 Reply   
ab - its more to do with some cad stuff that i place on gvi not here i mention to u yest this mkt will be quite tough for a little while not trading in a pure fashion

hk ab 04:06 GMT August 5, 2004 Reply   
martin, thanks for the sharing.

GOLD COAST MARTIN 03:59 GMT August 5, 2004 Reply   
HK..AB...The only comment i have today is that no matter which way the market digests the payroll figures (not high enough or otherwise) the euro will still go south to 119 and below in the days following the data release...Reason i say that is that even if the market perceives that the figures are not to its liking ,the euro may spike to 12145 after which it will immediately test the 119 levels again...it is purely a fact that current eurozone fundamentals do not allow the euro the luxury of sustaining levels of 122 and re-discovering 123+...not in view of the growing US economy...The gap in fundamentals between the 2 economies are distinct and the gap is getting wider therefore further adding to the euro weakness. It is at the edge that the euro sits with a fall inevitable..it is only marking time together with the aussie and kiwi...bottom line...Should figures are to concensus then euro will breach 11950 immediately, upon which the 11850 level comes into play...once this level is breached then euro will well and truly will fall into the cliff to new low levels with the bottom been parity by the 31st of december as previously posted...either way whether payrolls are to market or not the euro will retain its downward bias...it is just a matter of timing...G/T

hk ab 03:45 GMT August 5, 2004 Reply   
Tarheel// yup, sorry for the typo.

Calabash TarHeel 03:41 GMT August 5, 2004 Reply   
hk ab 03:22 GMT August 5, 2004
add long yen 110.

Think maybe you meant 111.?

hk ab 03:31 GMT August 5, 2004 Reply   
martin, any comments today?

hk ab 03:29 GMT August 5, 2004 Reply   
Dr. Q, I think it's the following.

sarasota jf 14:34 GMT August 4, 2004
Dayton JAM 14:28 GMT August 4, 2004
rumors drive market - facts make you take profit

mumbai sv 03:24 GMT August 5, 2004 Reply   
Sydney Alimin: point taken.... a move from 1.20 to 1.22 wud definetly squeeze short term guys (like me)....which is what i was looking at... was only thinking that it wud be better of not selling into the euphoria of a good data sub 1950 as we might get some better lvls again next week .... if we dont then ......have to console myself saying ....Oppurtunity lost better than money lost...

hk ab 03:22 GMT August 5, 2004 Reply   
add long yen 110.

Melbourne Qindex 03:19 GMT August 5, 2004 Reply   
Spr Noods 03:16 GMT - Good morning! Can you post JF's comment for us to see? TIA

Ldn 03:18 GMT August 5, 2004 Reply   
that was for Noods.

Ldn 03:18 GMT August 5, 2004 Reply   
who has a clue ? do you ???

Sydney Alimin 03:18 GMT August 5, 2004 Reply   
mumbai sv: i dont think so, there are plenty more stale long position up there waiting for 1.22 to print to unload their positions at BE or take minimum loss

Spr Noods 03:16 GMT August 5, 2004 Reply   
acute observation with or without the planes?
with the avalanche of comments one can only note painfully not many have seen what JF describes as how the FX market works with its fangs and pain

mumbai sv 03:14 GMT August 5, 2004 Reply   
hi guys,

Was having a glance at the comments on this forum after a long time..... somehow getting a feeling that most of the guys are bearish and expect a very good data to carry eur to 1.18 and they are also worried about the upside if the data comes in weak. somehow getting a feeling that mkt is sitting short and even a good data might not see us go very low in this run before the shorts are squeezed. just a view folks...

hk ab 03:06 GMT August 5, 2004 Reply   
yen is on the cross road.

Melbourne Qindex 03:04 GMT August 5, 2004 Reply   
AUD/USD : Current Comment.  Register with [email protected] if you have no access to my page.

hk ab 03:02 GMT August 5, 2004 Reply   
if eur climbs back without those vague "losing planes", "bombs" rumour, I would be happy to long heavy at 1.2058.
But even with THOSE helps, the little eur couldn't reach my limit at 1.2070, that tells a lot of stale longs behind.
Mkt may take out those stale longs first before a sustain rally sets in. But given the condition now, why USD needs depreciate further? It doesn't help to narrow the deficit. It doesn't help to stem oil price. So, a strong or weak USD doesn't have any impacts to the above two mentioned.

And LONG term charts showing TWO touch of wma 50 now.

hk ab 02:59 GMT August 5, 2004 Reply   
cool thing was it goes straight to my closing 1.2854 nicely last night.

Thanks for the 50 wma.

hk ab 02:58 GMT August 5, 2004 Reply   
nt, if leg C comes, I expect it to come in Sept.

hk ab 02:57 GMT August 5, 2004 Reply   
thanks, farmacia and oilman for your info.

hk ab 02:54 GMT August 5, 2004 Reply   
nt// I seldom dream.....

hong kong nt 02:37 GMT August 5, 2004 Reply   
hk ab lazy 01:04 GMT August 5, 2004

"The view from the other side... no matter how eur is bought, everyday, it will go back to 1.20 line automatically....", your bearish dream may come true if you see stabilisation below 1.20 line, however, given present scenario, neither fundamental nor liquidity may favor a one way traffic yet, more likely to see USD confined within a falling wedge, take USD/CHF as a example, the fall of 1.32-1.22 maybe leg A, rebound from 1.22-1.28 maybe leg B and subsequent leg C may send USD/CHF to 1.20-1.18..

Sydney Alimin 02:33 GMT August 5, 2004 Reply   
here we go, indicators are unwinding itself a bit on euro's 4 hr chart from oversold levels and yet we are still under 1.2070 and 1.2090 providing room for further downside...let's say good NFP will bring euro to 1.18 handle..i hope

Melbourne Qindex 02:27 GMT August 5, 2004 Reply   
Singapore Sfx 02:24 GMT - Another good reference is Spot Gold.

Singapore Sfx 02:24 GMT August 5, 2004 Reply   
Agree 100% Dr Q. USdcad definitely been the sore thumb for the usd bulls and an important one to keep an eye on. Will keep an eye on the lvls you mentioned cos a bit at stake on it here.

Thanks Oilman. Good luck.

Melbourne Qindex 02:22 GMT August 5, 2004 Reply   
CA Clouy 02:20 GMT - EUR/USD : We will see it soon, may be late in Asian session. My system is pure mathematical based.

hong kong nt 02:22 GMT August 5, 2004 Reply   
AB -- EUR 1.2000/10 may survive attack from bears today..

Melbourne Qindex 02:21 GMT August 5, 2004 Reply   
Singapore Sfx 02:16 GMT - USD/CAD would give us a good reference. Anything below 1.3115 is no good. Around 1.3242 is good to hold before the release of the number.

CA Clouy 02:20 GMT August 5, 2004 Reply   
Melbourne Qindex 02:13 GMT August 5, 2004
EUR/USD : My daily cycle key quantized level is located at 1.2020

Dr. Q, does that mean there is high probablity that eur falls to 1.2020 today? Have u taken account tomorrow's US data? TIA.

UAE Oil man 02:20 GMT August 5, 2004 Reply   
Well Sfx, market expectations seem a bit high(for that nfp..thus surprise to the downside..??), also note the euro$ oversold daily status, which could make a nice finishing and fast move down while people look for the bottom or start a move over 1.2125 1.23-1.25 (I ve posted the exact targets during the weekend if that happens and after sipping 2 bottles of wonderful french wine hard to do anything particularly archives and copy pasting..lazy clicker.)

In anycase the tension is felt in the air as frustations is nearing near term max in bull/bear and should finish before 10 august on the next hike..

Singapore Sfx 02:16 GMT August 5, 2004 Reply   
I suspect you are rite , Dr Q - question is where is the USD going to be at the point of arrival of the numbers and how deep is the dip ... My studies suggest we are at very important crossroads in the next few sessions which cud govern play for the next few weeks.
Suspect a few more clues will get provided today itself.
Thanks, as always, Dr Q.

Melbourne Qindex 02:13 GMT August 5, 2004 Reply   
EUR/USD : My daily cycle key quantized level is located at 1.2020.

Melbourne Qindex 02:12 GMT August 5, 2004 Reply   
Singapore Sfx 02:08 GMT - Buy USD on dip if the numbers are not good or follow the flow if we like the numbers. I assume a one way traffic, cheers!

Melbourne Qindex 02:09 GMT August 5, 2004 Reply   
EUR/USD : Current Comment.  Register with [email protected] if you have no access to my page.

Singapore Sfx 02:08 GMT August 5, 2004 Reply   
Oilman and all - What abt revisions to last month's number ? Lets say 210 this month and last month revised from 112 to 180? bearish or bullish usd?

UAE Oil man 02:06 GMT August 5, 2004 Reply   
There seems to be very high expectations for the NFP in particular in the bonds market with most expecting OVER 230 and most 250.
That is all good as long as those numbers are reached, it could however bring short term dollar bear some short term relief into the weekend before august 10, where the market is hiked again.
Watch a break of 1.1965 or 1.2125

hk 01:56 GMT August 5, 2004 Reply   
melbourne farmacia 01:45, so what are you going to do? sell or buy dollar?

UAE Oil man 01:45 GMT August 5, 2004 Reply   
hk ab lazy 01:34 GMT August 5, 2004
156968, +101

melbourne farmacia 01:45 GMT August 5, 2004 Reply   
hk ab lazy - " any mini-cycle day nearby? "
yeah - euro yesterday... gbp today GT

Syd 01:41 GMT August 5, 2004 Reply   
AUD/USD listless around midday in Sydney session. Traders looking ahead to Monday's semi-annual monetary policy statement with many adopting view the bank's tone will be hawkish

Ldn 01:39 GMT August 5, 2004 Reply   

Economic data take toll on dollar

http://news.ft.com/censored/s/f2b0258a-e600-11d8-b036-00000e2511c8.html

hk 01:37 GMT August 5, 2004 Reply   
FX players remain sell strength into any rallies above 1.2060 to 1.2080 with more report of selling orders emerging from 1.2090 to 1.2110. Contacts suggest players are sitting on short positions.

hmm.. so many smart FX players sitting on their shorts, must be easy money.

UAE Oil man 01:36 GMT August 5, 2004 Reply   
Good morning or evening,

Oil has started going down from around my sell area ( picking a top in a 20 $ move within a 30-50 cents is not a simple thing),as for now we therefore should continue has posted over the weekend once the dust settles and the supply panic settles down(and offcourse NBC continues the trains on T.V which is good for our bearish move)..once again i repeat there is no increased demand in this month just a fancy supply panic which can be easily supplied at 30-40 price levels.
the next target is now 41.63 followed by 40.26 and 39.05.
From there, the real direction of the next move will be easily seen on rebound or a flight path to under 37.25.
It is actually the first time i advise to sell oil since the move from under 20 and I believe we are reaching highly profitable sell levels.
At least enough to get 5-10 $ from here.
GL.

Dallas GEP 01:35 GMT August 5, 2004 Reply   
FXNEW you asked about HGBP/USD sorry!! Well it SHOULD be topping out around 1.8260 (1.8280 MAX) bottom probably MAXED at 1.8220 now. All pairs are in consolidation mode for now.

hk ab lazy 01:34 GMT August 5, 2004 Reply   
Anyone got IMM current outstanding eur contracts?
I thought the bias was still on the LONG side...

hk ab lazy 01:33 GMT August 5, 2004 Reply   
farmacia, any mini-cycle day nearby?

Dallas GEP 01:31 GMT August 5, 2004 Reply   
FXNEW, If anything right now all the YEN pairs may pip up BEFORE going back down. GBP/JPY probably is 203.30/35 to 202.60 for now which is VERY tight for it. I will take some shorts at 202.25 if seen tonight.

CA Clouy 01:31 GMT August 5, 2004 Reply   
[EUR/USD] quiet trading session ahead of key US data due tomorrow (nonfarm and jobless). FX players remain sell strength into any rallies above 1.2060 to 1.2080 with more report of selling orders emerging from 1.2090 to 1.2110. Contacts suggest players are sitting on short positions.

hk ab lazy 01:31 GMT August 5, 2004 Reply   
add half short nzd .6465.

Spr Noods 01:28 GMT August 5, 2004 Reply   
Robinsons = M&S

43/59 for the Euros scalpers paradise ...........zzzzzzz

LA fxnew 01:25 GMT August 5, 2004 Reply   
there is no sign gbp/usd will go down?

COmment pls
thanks

Syd 01:08 GMT August 5, 2004 Reply   
hk ab lazy
depends which side wins the battle

hk ab lazy 01:04 GMT August 5, 2004 Reply   
Syd 23:51 GMT August 4, 2004
EUR/USD may rise to 1.2100 as pair's overnight resilience prompts non-Japan speculators to unwind short positions, says Japan brokerage trader; "there's a growing sense that it's no use testing the euro's downside further" after pair's bounce back from slide below 1.20 overnight. Pegs EUR/USD in 1.2030-1.2100 range. Tips EUR/JPY in 133.50-134.50 band, though may break above range rise if Nikkei falls below yesterday's low.
reuters.



The view from the other side... no matter how eur is bought, everyday, it will go back to 1.20 line automatically....

Gen dk 01:01 GMT August 5, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

KL KL 00:43 GMT August 5, 2004 Reply   
In now - short eurusd 1.2050 sl 15 above looking for 1.990. short gbpusd 1.8241 this time sl 25 above looking for 1.8180. No particular reason why I am in just that their drive up lack conviction from last night and now indicator showing some tiredness!!

hk ab lazy 00:26 GMT August 5, 2004 Reply   
Spr Noods 00:12 GMT August 5, 2004
how about Robinsons' vouchers?

???

Brooklyn mhi 00:26 GMT August 5, 2004 Reply   
yen following the nikkei

Spr Noods 00:14 GMT August 5, 2004 Reply   
better still can u pull the rug off euros get it to 35*40 faster?

Spr Noods 00:12 GMT August 5, 2004 Reply   
how about Robinsons' vouchers?

Dallas GEP 00:00 GMT August 5, 2004 Reply   
Ok if thse YEN pairs KEEP shorting Euro and GBP WILL go up no doubt.