Forex Forum Archive for 08/20/2004

Dallas GEP 23:19 GMT August 20, 2004 Reply   
Pippirate R1/S1, I took 199.10 so that's the deal.

Ldn 22:30 GMT August 20, 2004 Reply   
Gold $412.90 close NY

Ldn 22:28 GMT August 20, 2004 Reply   
hk ab !!!

Ldn 01:07 GMT August 18, 2004
hk ab especially for you

Ichimoku Kinkoh technical charts have sent strong buy signal fo gold its staged bullish crossover (conversion line crosses base line from below) above Ichimoku cloud, which today is at 389.86-396.92 gold last quoted at 404.00/404.50

LA fxnew 21:42 GMT August 20, 2004 Reply   
thanks biscuit!!!

USA Biscuit Boy 21:30 GMT August 20, 2004 Reply   
fxnew I have 1.8189-99 as a live tradeable price on my platform......interbank is closed right now but price would be between this bid and offer.

LAX-LGB SNP 21:22 GMT August 20, 2004 Reply   
someone needs advice on currency market funds ? all replies/pointers appreciated

LA fxnew 21:10 GMT August 20, 2004 Reply   
hi ..
can anyone tell me what is the interbank rate for gbp/usd now?

Thanks

Rivonia PipPirate 20:51 GMT August 20, 2004 Reply   
Dallas GEP 20:46 GMT This time y/day charts said poss range for g/y:

R1/S1 (201.81-19901), R2/S2 (20240-19841)

What range where you expecting?(IYDMMA)

Dallas GEP 20:46 GMT August 20, 2004 Reply   
ST, I would if it weren't so close to close. I will take some more long around 198.20 on Sunday if it is around that price

houston st 20:39 GMT August 20, 2004 Reply   

Dallas GEP 20:32 GMT -- it's a wild one, all right....did you snag any on the cheap?

Pecs Andras 20:37 GMT August 20, 2004 Reply   
Thanks guys
I will only know for sure on Sunday evening

Gen dk 20:35 GMT August 20, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Pecs Andras 20:35 GMT August 20, 2004 Reply   
I left a buy order at 8167, wonder if it was filled.
My platform is closed already

Dallas GEP 20:33 GMT August 20, 2004 Reply   
Lowest I have seen thus far is 1.8157 ON GBP/USD

London e 20:32 GMT August 20, 2004 Reply   
Pecs Andras 20:29 GMT August 20, 2004
Reaching new lows now ... 1.8163

Dallas GEP 20:32 GMT August 20, 2004 Reply   
Well ST....that's GBP/JPY for ya!!!! THIS is where the entry SHOULD have been around 198.20 long!!! LOL

Pecs Andras 20:29 GMT August 20, 2004 Reply   
Guys,
What was the most recent low of cable pls.
TIA

London e 20:28 GMT August 20, 2004 Reply   
Bruxville Jim 20:05 GMT August 20, 2004
London e// Bought it back today? ////

Google? Well bought it back at about 101.5. Sold it at about 104.5 bought it back at 101.6 (roughly). But then I wiped out all my profits and more selling it at around 106.5 and got stopped at 109!
I bought USD/CHF at 1.2436 and got stopped at 1.2495, so that made some pips back. This week made a total forex profit of just 2 pips!!!

houston st 20:22 GMT August 20, 2004 Reply   

GEP -- someone is hammering your gbp/jpy into the close...hope your support holds...have a good one.

LAX-LGB SNP 20:21 GMT August 20, 2004 Reply   
$JPY still above rising TL @ 109.30+, also $CHF has closed above 1.2489 which seems like a big $$$ plus

GBP$ closed below 1.8207 and might overshoot till 1.8086
and EUR$ couldnt break falling TL @ mid-1.23s right now but as long as 1.2280 area holds, mkt will want to aim for a failure @ 1.25

on a side note
if GBPCHF sellers back off, 2.29+ looks doable
also USDCAD looks set for 1.27 but with only a week before the month ends, a retracement to 1.31+ seems opportune

Bruxville Jim 20:11 GMT August 20, 2004 Reply   
GEP, you take two...;)

Dallas GEP 20:09 GMT August 20, 2004 Reply   
OK well I am off for the weekend guys have a good one.

Dallas GEP 20:08 GMT August 20, 2004 Reply   
More than likely Euro will close aaround it fib points 1.2320 or 1.2330

Bruxville Jim 20:05 GMT August 20, 2004 Reply   
London e// Bought it back today?

Bruxville Jim 20:04 GMT August 20, 2004 Reply   
euro's comeback?

Dallas GEP 20:02 GMT August 20, 2004 Reply   
Swap, Closed also at +24 PIPS. USD/CAD had enough energy to get thru that 1.2980 but NOT enough time or volume to reach 1.30+

Dallas GEP 20:01 GMT August 20, 2004 Reply   
JIM, I do not expect to see 199.60 today, perhaps Sunday or Mon. Will see.

Quebec Swap 20:00 GMT August 20, 2004 Reply   
Closed my Usd/Cad. I am a little disappointed with the follow through going long.

Anyways. have a nice weekend

Dallas GEP 20:00 GMT August 20, 2004 Reply   
Actually MHI, I basically agree with that. I much rather go short gbp/jpy than long. But for me I am in relatively light so that's the deal. The 4 hour charts show a 201.56 top bollinger band with a stoch that is about played out IMO.

Bruxville Jim 19:57 GMT August 20, 2004 Reply   
GEP, today it's no way to see 199.00 imho...
So you'll try for 199.60 at some point of time?

Brooklyn mhi 19:55 GMT August 20, 2004 Reply   
dallas Gep

This is old post but may be relavent
Melbourne Qindex 00:00 GMT August 3, 2004
GBP/JPY : The odds are in favour of maintaining a short position for position trading.


Melbourne Qindex 23:53 GMT August 2, 2004
Brooklyn mhi 23:44 GMT - GBP/JPY(44-Day Cycle) : The critical point is located at 202.78 and the 44-day cycle normal trading range is 195.43 - 207.68. The lower barrier is expected at 193.01 // 194.21.

Melbourne Qindex 23:22 GMT August 2, 2004
GBP/JPY : My current 44-day cycle charts indicate that a projected resistant level is positioning at 202.78 - 202.85. The market is expected to consolidate between 201.77 - 202.22 initially in Asian session. The market has a great potential to tackle the extreme trading range at 192.92 - 194.23.

Dallas GEP 19:53 GMT August 20, 2004 Reply   
Well Jim, technically we should see 199.60 again, just not today!!!

London e 19:50 GMT August 20, 2004 Reply   
Google (GOOG) destroyed me today ... Im back to forex. Have a good weekend traders.

Bruxville Jim 19:47 GMT August 20, 2004 Reply   
GEP, will you be satisfied with BE or will wait for those +40-60 pips?

Dallas GEP 19:44 GMT August 20, 2004 Reply   
Well since 198.20 does provide support..I chose to stay in. Intitial entry basically sucked but that can happen with GBP/JPY quite frequently. That's why I DO NOT reccomend this pair to most traders. Can be extremely volatile.

Gen dk 19:20 GMT August 20, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

houston st 19:14 GMT August 20, 2004 Reply   

GEP -- you get stopped or still alive? have a good weekend.

Quebec Swap 19:02 GMT August 20, 2004 Reply   
USD/CAD last hour for last push up before weekend.

Miami OMIL (/;-> 18:38 GMT August 20, 2004 Reply   
The $ bounced back well today but with no real data out to influence the $ the follow through was weak. The 1.2270-80 support is strong but if taken we could see a good drop here and the mid term indicators would probably turn bearish then. I hope everyone has a good and safe weekend. See you on the other side.

Krasnodar dp 18:35 GMT August 20, 2004 Reply   
test

Paris ib 18:21 GMT August 20, 2004 Reply   
ADK. Will definitely try. In the meantime take care.

hk ab lazy 18:19 GMT August 20, 2004 Reply   
revdax, what gives you such a strong signal on USD exploding up?

London ADK 18:19 GMT August 20, 2004 Reply   
ib- All is well thanks. Have to say I don't really write on this side but trying to keep one eye on it. Please, some pearls of wisdom overhere once in a while will be welcomed. GL and GT

Paris ib 18:11 GMT August 20, 2004 Reply   
Thanks. In an effort to get other things done, conserve energy, avoid fights etc. I have taken to lurking rather than contributing. (Generally it feels better, I have to say.) Hope all is well with you.

London ADK 18:10 GMT August 20, 2004 Reply   
Paris ib - Its been a while. Hope you are well and good to see you here.

Paris ib 18:08 GMT August 20, 2004 Reply   
HK [email protected] And the U.S. equity markets are rallying on this? And oil is falling? Sorry I don't get it. Wouldn't an Iranian intervention be tantamount to an ESCALATION in the conflict in Iraq??? Or is the U.S. expected to welcome Iranian intervention? I know I am missing something here, I just don't know what it is.

Wien GD 18:05 GMT August 20, 2004 Reply   
ab: it's only a wild guess ... but could it be that we saw (covered) EZB-Intervention? No BO allowed?

hk ab lazy 18:04 GMT August 20, 2004 Reply   
closed my eur long from 1.23 @ 1.2315 for 15 additional pips.

hk ab lazy 18:03 GMT August 20, 2004 Reply   
bkk, key day reversal on eur likely....

hk ab lazy 17:59 GMT August 20, 2004 Reply   
RF// The gold move seems too "outstanding" as its cousin crude oil.

hk ab lazy 17:57 GMT August 20, 2004 Reply   
RF// You don't wonder why chf goes opp. with gold? just ask.

HK [email protected] 17:48 GMT August 20, 2004 Reply   
Iranian intervention in the Iraqi war may become more likely, as Teheran shows more nervous signs at the last few hours.
Tech. support for additional gains for gold improved, where now the next hurdle is at about 418 $/Oz.
Still holding to my last weekend view which is that of many...

HK [email protected] 20:27 GMT August 13, 2004
Looks like the technical foundation for gold to have a swift move to 445$/Oz has been established...Needs only a spark to send it up.

Dallas GEP 17:41 GMT August 20, 2004 Reply   
OK expect the push back to go to 1.2320 MAYBE 1.2330

Dallas GEP 17:11 GMT August 20, 2004 Reply   
Yes Tim, I think in terms of 1-4 hours generally.

wisconsin tim 17:09 GMT August 20, 2004 Reply   
dallas, just wondering why trend BIAS is now USD long
Do you mean ST for today only?
TIA tim

Dallas GEP 17:00 GMT August 20, 2004
but trend biAS now is USD long so I think usd bears are in a little trouble now for the time being.

Dallas GEP 17:08 GMT August 20, 2004 Reply   
SWAP, from a chart standpoint you are CORRECT. We seem to have SOMEBODY tho that likes to sell around 1.3000 for now and there seems to be some push down on USD/CAD even with USD generally is a positive BIAS. So that's IMO what is limiting USD/CAD longs. Plus 1.2980 is fairly strong resistance anyway .

paris jb 17:06 GMT August 20, 2004 Reply   
Dallas GEP 16:46 GMT

wtg mate

Dallas MD 17:05 GMT August 20, 2004 Reply   
You too GEP!

Dallas GEP 17:04 GMT August 20, 2004 Reply   
OK I remember now. Have a great weekend, MD!!!

Quebec Swap 17:04 GMT August 20, 2004 Reply   
Dallas GEP 16:48 GMT

Actually I expected Usd/Cad to end off somewhere around 1.3015 today. But It hasn't seen it yet. And it looks more unlikely as the weekend approaches.

paris jb 17:03 GMT August 20, 2004 Reply   
Dallas GEP 16:46 GMT

wtg mate,

Dallas MD 17:03 GMT August 20, 2004 Reply   
Hello, My name is Mauricio & I am a Forex Trader.

Dallas GEP 17:01 GMT August 20, 2004
No problem Michael???

van revdax 17:02 GMT August 20, 2004 Reply   
Van Revdax 18:12 GMT August 19, 2004
Today's Special Question//Is US$ going to explode (up)while I am on holiday in the beautiful province of British Columbia in Canada?

What do *you* think?

Dallas GEP 17:01 GMT August 20, 2004 Reply   
No problem Michael???

Dallas GEP 17:00 GMT August 20, 2004 Reply   
Well, I am not sure USD is going to take off. I think there will be some see-sawing back and forth before close. The usd bears are fighting back a little here but trend biAS now is USD long so I think usd bears are in a little trouble now for the time being.

Dallas MD 16:56 GMT August 20, 2004 Reply   
Done for the day! +55 pips on the day for EUR/USD. Thanks Dallas GEP for your insights. My rep @ censored told me about this forum & I am very pleased. GL to all & have a great & safe weekend.

hk ab lazy 16:54 GMT August 20, 2004 Reply   
Hi Revdax, I thought you have come back already.

hk ab lazy 16:53 GMT August 20, 2004 Reply   
this eur selling starts from 16:00 CMT... china time zone...

van revdax 16:53 GMT August 20, 2004 Reply   
So US$ is taking off.............

Dallas GEP 16:48 GMT August 20, 2004 Reply   
OK watch usd/cad...it probably will break 1.2980 resistance before close at least tempoarily. HAve 1.2995 TP on usd/cad longs CAD for whatever reason seems to be more active compared to other pairs in this Friday markeys close to close

Dallas GEP 16:46 GMT August 20, 2004 Reply   
OK took my +30pips with EURO shorts BUT euro could test lows as I said earlier. ST...50 lots is not a large possie for me, that's my point.

hk ab lazy 16:44 GMT August 20, 2004 Reply   
mkt got too used to the "sell-the-hack-USD-on-bad-news-mode"....... even if this is theme of the game, it needs a break sometimes to eat small fishes. Tonight, maybe the one.

leave limit to long some more eur 1.2285.

Dallas MD 16:42 GMT August 20, 2004 Reply   
Here comes the EUR/USD selloff!

houston st 16:42 GMT August 20, 2004 Reply   

GEP -- pretty hefty price if you get stopped [email protected] 100:1 leverage thats $9.15/pip x 50 lots x 72 pip loss = Aye Carumba...that seems pretty extreme....is my math right? seems to me with such a risky pair you would fewer lots or a tighter stop....good luck w/ this monster trade.

hk ab lazy 16:41 GMT August 20, 2004 Reply   
Jim// Nope, I like them very much. 'cos They are often the ones gave us ONE WAY ticket.

Bruxville Jim 16:38 GMT August 20, 2004 Reply   
hk ab lazy // Yeah, blame Japs! They keep silent anyway...:)

Dallas GEP 16:34 GMT August 20, 2004 Reply   
ST, that's why I mentioned that gbp/jpy is not for most.....typically I will use a 60-70 pips stop loss on gbp/jpy IF I go in with full lots or if I go in with half lots size I may enter again. My stop loss on this is 198.40.

hk ab lazy 16:33 GMT August 20, 2004 Reply   
oil and gold price lost the relationship with DOW now....
more importantly is dlrchf lost relationship with gold.......fwiw.

believe that some jap games are in play.

Dallas GEP 16:31 GMT August 20, 2004 Reply   
JB, I would rather not get into that since risk management has to be a tailored specifically to the individual trader and what may be good risk management to me might be horrible for you. That debate always opens up a can of worms around here so I will just stay away from that for now,

BTW, it would NOT surprise me to see another ATTEMPT at euro lows before close. I will close probably around 1.2300 if seen and I doubt we break the downside support BUT I do think there will be at least the attempt to do so.

houston st 16:29 GMT August 20, 2004 Reply   

GEP -- are you using a s/l on this trade?

Dallas GEP 16:03 GMT August 20, 2004
199.12 LONG

gl/gt.

London jc 16:29 GMT August 20, 2004 Reply   
paris jb 16:23 GMT August 20, 2004
Dallas GEP 16:15 GMT

wow 50 lots!!



I often wondered but never asked... how much value is 1 lot?
Is it an amount of one of the ccy in a pair or a US$ equivalent?

thx

hk ab lazy 16:26 GMT August 20, 2004 Reply   
kicked in one gbp long.

Dallas MD 16:26 GMT August 20, 2004 Reply   
Dallas GEP 16:15 GMT, EUR/USD short, still looking for .2300?

hk ab lazy 16:26 GMT August 20, 2004 Reply   
bkk// fwiw, there're some post related to Japanese side from B747 which really deserve your note to check them in the archive. GL and GT.

Thanks so much on the hundred + pips in gbp.

hk ab lazy 16:24 GMT August 20, 2004 Reply   
Good trades needs peace and calm minds, NOT flooding news or overwhelming anti-nation thoughts....

If martin is saying the same hyme, ldn, you have tonnes of omen everyday (or curse? on US?)

paris jb 16:23 GMT August 20, 2004 Reply   
Dallas GEP 16:15 GMT

wow 50 lots!! u should have a "draconian" money mangement system with solid stop policy!!! may u explain how u manage

hk ab lazy 16:22 GMT August 20, 2004 Reply   
my two eur shorts limits closed safely at 1.23 and now small long eur on bkk faith.

CREDITS GO TO JF!!!!

And the gbp stopped out at 1.8283 now deciding to relong at 1.82.

hk ab 16:21 GMT August 20, 2004 Reply   
hi everyone.

Bruxville Jim 16:20 GMT August 20, 2004 Reply   
GEP, I guess I'll take a bit less right now:))
And other pairs? Same trade size?

paris jb 16:18 GMT August 20, 2004 Reply   
Dallas GEP 16:13 GMT

10x mate, sorry message sent twice

Dallas GEP 16:15 GMT August 20, 2004 Reply   
Jim, Minimum lot size generally is around 50 lots

paris jb 16:14 GMT August 20, 2004 Reply   
Dallas GEP 16:03 GMT

hi mate it's friday can we expect any decent move before the close?

Dallas GEP 16:13 GMT August 20, 2004 Reply   
JB, I am not really sure to be honest. I do not expect a BIG move no 20-30 pips maybe

Bruxville Jim 16:13 GMT August 20, 2004 Reply   
GEP - what's your SL? BTW, how many lots of GBP/JPY per trade do you take? I guess, others can take smaller possies...

KL KL 16:13 GMT August 20, 2004 Reply   
Oil near 49, Gold at 413...US $ still have strength?? a bit of funnymetals?? I join you GEP long gbpusd instead at 1.8207 sl 35 pips below....open ended take profit. Auto pilot and time to go to sleep.

paris jb 16:11 GMT August 20, 2004 Reply   
Dallas GEP 16:03 GMT

hi mate, it's friday can we expect any decent move before the close?

paris jb 16:03 GMT August 20, 2004 Reply   
NYC PCM 15:51 GMT

ur welcome

Dallas GEP 16:03 GMT August 20, 2004 Reply   
199.12 LONG

Dallas GEP 16:02 GMT August 20, 2004 Reply   
Took gbp/jpy 199.12.....NOTE: Most SHOULD NOT take this, Can be very volatile. Trying for 60 pips before close today

NYC PCM 15:51 GMT August 20, 2004 Reply   
Paris Jb - thanks

Dallas GEP 15:39 GMT August 20, 2004 Reply   
Clouy, FIB points are natrual retracement points that allow for retracements EVEN against other technicals. I posted the FIB points at 1.2320 and 1.2330. SInce it longed thru 1.2320 before really shorting the probaility was HIGHER that it would short from 1.2330. Usually fib retracements are good for at least 20-30 pips IF time and volume permits it.

NYC PCM 15:38 GMT August 20, 2004 Reply   
Ind - thanks

lnd 15:36 GMT August 20, 2004 Reply   
NYC PCM 15:32 GMT. 414.05

Dallas GEP 15:35 GMT August 20, 2004 Reply   
Ok Fri-Aug-20 04:30 PM Fri-Aug-20 09:30 AM 1.2332 1.2288 1.2326 1.2294

OK if possie SHORT is taken at 1.2332, the Take Profit would be at 1.2326. If a LONG is taken at 1.2288, THEN TP would be at 1.2294.

Is this what you mean, BAHRAIN???

paris jb 15:34 GMT August 20, 2004 Reply   
NYC PCM 15:32 GMT August 20

gold october hi 41520

NYC PCM 15:32 GMT August 20, 2004 Reply   
anybody what was High of Day on gold?

Roumeli anka 15:29 GMT August 20, 2004 Reply   
paris... I think traders unload oil and moved to gold

Dallas GEP 15:26 GMT August 20, 2004 Reply   
ST...SHORT term...looking for 1.2300

Quebec Swap 15:25 GMT August 20, 2004 Reply   
Dallas GEP 15:23

Nice. me too, long Usd/Cad. as per my previous posts.

Dallas GEP 15:25 GMT August 20, 2004 Reply   
Yes BAHRAIN, I will try

wisconsin tim 15:23 GMT August 20, 2004 Reply   
Well flat going into the weekend, can see levels for today.
Will have trade results up shortly

Friday's Levels

Dallas GEP 15:23 GMT August 20, 2004 Reply   
Picked up some CAD long @ 1.2960 earlier on an off-market fill.

paris jb 15:22 GMT August 20, 2004 Reply   
hi traders,

gold up 7 points, euro red and cable ultra red !!!

usualy they move together, very tricky day

Le Havre Alphonse Brown*35 15:18 GMT August 20, 2004 Reply   
Buy order on euro at 1.2323

Bahrain Within 10 Pips (S/L = 10*Spread) 15:14 GMT August 20, 2004 Reply   
Dallas GEP 15:05 GMT August 20, 2004
Short 1.2332 on EURO

///
Sir, I am not kiding...Please!

houston st 15:12 GMT August 20, 2004 Reply   

GEP -- intraday play or long term? gl/gt.

CA Clouy 15:11 GMT August 20, 2004 Reply   
Dallas GEP 15:05 GMT August 20
GEP, may i know the reason u short at this level? 30min chart just gave a signal line cross to go up, hourly chart is going up, too. Just want to learn from u. TIA. GL & GT.

london 15:11 GMT August 20, 2004 Reply   
gold thru 4.14


gd weekend all. got my end of day stuff to do.

Dallas GEP 15:05 GMT August 20, 2004 Reply   
Short 1.2332 on EURO

london 15:03 GMT August 20, 2004 Reply   
martin...yep, werent we all/


gold 413.30 bid

GOLD COAST MARTIN 14:52 GMT August 20, 2004 Reply   
london 14:49 GMT August 20, 2004
Was shorting aud when 79 and nzd when 70......also depends the amounts you play with.....g/t and back to trading...

Bahrain Within 10 Pips (S/L = 10*Spread) 14:49 GMT August 20, 2004 Reply   
Dallas GEP 14:44 GMT August 20, 2004 ///
Can Please do me a favour, Sir.
How can I explain this sort of chart in the best possible..
My Technical English is so good + U explained it last time in better way.
http://www.geocities.com/kalzayani/EURUSD30.htm
Thanks U sir...

london 14:49 GMT August 20, 2004 Reply   
martin...i have been long nzd and aud.//....

how can your short trades be yielding returns when you were selling aud at 70c and nzd at 62c?



gold 412.35 bid

USA Biscuit Boy 14:48 GMT August 20, 2004 Reply   
lnd 14:20 GMT August 20, 2004

Thanks for the heads up mate :) Yes very nice odds on this entry IMO.

NYC PCM 14:48 GMT August 20, 2004 Reply   
gold

I have gold hitting major resistance at about 416, and I have a bearish divergence on daily chart, so this may be it.

Unfortuantely I've never worked up a cyclical study on gold.

CA Clouy 14:47 GMT August 20, 2004 Reply   
Dallas GEP 14:44 GMT August 20
Hi GEP, still waiting 1.2340 to short? GL & GT.

NYC PCM 14:46 GMT August 20, 2004 Reply   
EUR/USD

Got stopped out fo that additonal short. Can't win 'em all!

KL KL 14:45 GMT August 20, 2004 Reply   
gold 412...so long gbpusd at 1.8197...sl 1.8180 ....very confusing now...

Dallas GEP 14:44 GMT August 20, 2004 Reply   
1.2330 is 50% FIB point on euro 1.2320 38% FIB.

Beijing Laowen 14:40 GMT August 20, 2004 Reply   
Closed my long eur/usd @ 1.2319 from 1.2285.
Bahrain, have you sold Eur/Gbp here? I added one lot more short.

CA Clouy 14:39 GMT August 20, 2004 Reply   
Bahrain Within 10 Pips (S/L = 10*Spread) 14:29 GMT
BAhrain//u mean short? or long. sorry mate, me confused. :-) TIA.

GOLD COAST MARTIN 14:34 GMT August 20, 2004 Reply   
london 14:28 GMT August 20, 2004
Glad to hear you did well on the short trades with NZD ..my consistency in my long trades in both nzd and aud always have high yields....g/t

nyc jk 14:34 GMT August 20, 2004 Reply   
london - if it was a good sale at 62 cents, mid 67's must be the short of the century! lol

london 14:32 GMT August 20, 2004 Reply   
usd/brl breaking down, gold breaking up thru 410.....

leading signals for renewed dollar weakness imvho.

london 14:31 GMT August 20, 2004 Reply   
and martin..one other thing...kiwi traded 6 mth high this morning at 6745, and is currently 25 pts from that high...how on earth does that make it "look tired"???

hkg panda 14:31 GMT August 20, 2004 Reply   
Dr Q// listen to your advice+cutting loss makes lot of fun here. Pls help me to say hello to the beautiful rocky Mt. Have a very great vacation!!! It is a pity that I can't join your farewell dinner when you leave Hong Kong last time.

Quebec Swap 14:30 GMT August 20, 2004 Reply   
Still long Usd/Cad. It didn't quite reach my TP over 1.3000. I imagine I will have to go through more pain if 1.2950 is broken.

Bahrain Within 10 Pips (S/L = 10*Spread) 14:29 GMT August 20, 2004 Reply   
I think OK Here CA!!

london 14:28 GMT August 20, 2004 Reply   
gold coast martin.....when the kiwi was at 62 a matter of a few weeks ago you were singing the same hymn....

at least your are consistent, though in the meantime a few of us have cleaned up about 7 pct and a months worth of lovely carry to boot.

the yielding ccys will continue to out perform over the next few wekks whilst all this uncertainty over oil, terror, stocks etc carries on.....you can invest in nzd 3 mth cash at about 6.45, fund it through dollars or chf, keep the carry and sit on a lovely up trent with economic data powering ahead.

lovely.

lnd 14:20 GMT August 20, 2004 Reply   
USA Biscuit Boy 14:10 GMT. take a look at a trend line drawn on the 30min chart starting in early july on $/chf. we break it in late july and then retest it early august and only to break it on the trade data. this line is now acting as resistance around 1.2540. so your strat makes a lot of sense, tech speaking. i dont know about other tech things but i think these lines are great. only above 1.2540 am i going to change my view. i am with you on the short. but the line is worth a look at IMHO. gl and gt.

NYC PCM 14:19 GMT August 20, 2004 Reply   
Eur/USD

And shorted again.

Haifa ac 14:19 GMT August 20, 2004 Reply   
Antwerp Tom 14:10 GMT// I ain't going to argue with a Belgian about Dairy products! You win.

CA Clouy 14:18 GMT August 20, 2004 Reply   
Bahrain Within 10 Pips (S/L = 10*Spread) 14:14 GMT August 20, 2004
BB I bet U bought a House...the way u trade.
CA this Dude (BB) is the best around.

Bahrain//that sounds really cool. I'd be very happy if I can buy a DVD player with trading. :-)

Eur/usd went up really fast. wondering whether the dip will happen again.

NYC PCM 14:15 GMT August 20, 2004 Reply   
EUR/USD

Well that rise was pretty fast and furious - short covering rally I suspect.

Bahrain Within 10 Pips (S/L = 10*Spread) 14:14 GMT August 20, 2004 Reply   
USA Biscuit Boy 14:10 GMT August 20, 2004
///
BB I bet U bought a House...the way u trade.
CA this Dude (BB) is the best around.

Dallas MD 14:12 GMT August 20, 2004 Reply   
Thanks NYC PCM, Long EUR/USD for a scalp.

lnd 14:11 GMT August 20, 2004 Reply   
gold and oil higher.

USA Biscuit Boy 14:10 GMT August 20, 2004 Reply   
Hi Bahrain....been moving house the past 2 weeks. My page will be updated this weekend. Euro looks good until proven otherwise. Shorted usd/chf as I feel with no important data out today Iraq may be the focus going into the weekend.

Antwerp Tom 14:10 GMT August 20, 2004 Reply   
ac, whas it maragarine? i thought it was butter, but maybe Maria Schneider was basari at the time...lol

eur lg 14:08 GMT August 20, 2004 Reply   
Bought eur jpy here at 134.60. Its pretty close to a fibo level, plus I can't see the yen ignoring what oil is doing forever.

Bahrain Within 10 Pips (S/L = 10*Spread) 14:08 GMT August 20, 2004 Reply   
Sounds OK to CA.

CA Clouy 14:07 GMT August 20, 2004 Reply   
Bahrain//what do u mean 1 hour+? like now? I'm thinking to long eur/usd at next dip. It seemed 1.2280 supports it well. TIA.

Dallas GEP 14:06 GMT August 20, 2004 Reply   
Looking at the charts, my opinon on whether we have a continuation on usd buying or not TODAY is MIXED. I was looking for 1.2340 area to initiate a NEW short on Euro. Not sure we will see it. This being Friday ANYTHING could happen. London closed out in an hour so we could expext some squaring ou due to that THEN it is in US hands.

NYC PCM 14:04 GMT August 20, 2004 Reply   
Dallas MD

Oaky don't forget I'm trading the EUR/USD on the futures mkt and not forex so the #'s might be a bit different, but I entered short at 12296 and exited at 12284

Le Havre Alphonse Brown*35 14:04 GMT August 20, 2004 Reply   
long sterling 1.8195

Bahrain Within 10 Pips (S/L = 10*Spread) 14:01 GMT August 20, 2004 Reply   
BB:
Dude where u been?
U Think most guys moving the cursior East Bound for eur now?

Dallas MD 14:00 GMT August 20, 2004 Reply   
What level did you take the scalp please.

NYC PCM 13:56 GMT August 20, 2004
EUR/USD

Took quick profit on the additonal short. this look like a wave B down to me.

Still holding long term short, and again looking to add a little higher.

Haifa ac 14:00 GMT August 20, 2004 Reply   
Antwerp Tom 13:40 GMT // LOL. Unlike Marlon Brando in Paris and his famous margarine--I need three to tango.

USA Biscuit Boy 13:57 GMT August 20, 2004 Reply   
Sold usd/chf at 1.2522. Cheers and gw :)

paris jb 13:56 GMT August 20, 2004 Reply   
hi traders

NYC PCM 13:56 GMT August 20, 2004 Reply   
EUR/USD

Took quick profit on the additonal short. this look like a wave B down to me.

Still holding long term short, and again looking to add a little higher.

Dallas MD 13:51 GMT August 20, 2004 Reply   
EUR/USD needs to break .2275 to open floodgates.

helsinki JAK 13:49 GMT August 20, 2004 Reply   
Eur says ´´ i told you guys i`ll be back, i think i´ll go and sleep in my fine 5 star at 1.2250``

melbourne farmacia 13:48 GMT August 20, 2004 Reply   
LAX-LGB SNP 07:18 GMT August 20, 2004
Yes mate.. few days mid week... back in december.. maybe meet up next time...email u. GT

GOLD COAST MARTIN 13:47 GMT August 20, 2004 Reply   
Calabash TarHeel 13:40 GMT August 20, 2004
Greart short to have at 6740...at the moment like the aussie the nzd is running inversely to E/USD pair like the aussie...correction expected very very soon....g/t
...both nzd and aud have been running on their own steam for the last 2 weeks...both look tired....time will catch up with them and both will follow the downward bias of euro...g/t

Calabash TarHeel 13:40 GMT August 20, 2004 Reply   
Hello Martin
Had two shorts nzd/$. .6715-.6740. Closed .6715 at .6685.
.6740 still in play. Maye the breakdown starts soon?
Take Care, Good Luck

Antwerp Tom 13:40 GMT August 20, 2004 Reply   
Haifa ac, read last two posts... indicator?

Perth RKN 13:37 GMT August 20, 2004 Reply   
NYC PCM 13:34 GMT August 20, 2004
dallas

With you. added to my short here too

Still right here with you boys.

NYC PCM 13:34 GMT August 20, 2004 Reply   
dallas

With you. added to my short here too

NYC PCM 13:33 GMT August 20, 2004 Reply   
London e

"Time Axis". I use mostly tick charts except for daily chart.

Bahrain Within 10 Pips (S/L = 10*Spread) 13:31 GMT August 20, 2004 Reply   
CA Clouy 13:25 GMT August 20, 2004 //
Looks Like it...
Allow some time Clouy...to make sure it's following the long levels ...say an hour+

Calcutta Vikram 13:30 GMT August 20, 2004 Reply   
Giving credit where its due.....I need to take my hat off to LAS and Monaco for calling the Euro fall right in the morning today. LAS....I hope you did sell the Euro after all. I did go Long at 1.2338 but bailed out at 1.2331.

London e 13:30 GMT August 20, 2004 Reply   
NYC PCM // Thanks a lot. What do you think about changing the time axis scale though?
Anyway got to be watching my google (GOOG) short now!

Dallas MD 13:26 GMT August 20, 2004 Reply   
Reshorting EUR/USD @ .2299 for another downtrend.

CA Clouy 13:25 GMT August 20, 2004 Reply   
Bahrain, you mean u set long eur/usd order @ 1.2198, according to ur page?

NYC PCM 13:23 GMT August 20, 2004 Reply   
London e

"levels to keep track of". Gann said "every market has its own specific frequency of vibration". It's a question of establishing what that frequency is, once you've done that you know which "levels" that market is likely to regularly respect.

Bahrain Within 10 Pips (S/L = 10*Spread) 13:23 GMT August 20, 2004 Reply   
Miami OMIL (/;-> 13:07 GMT August 20, 2004 //
I think sideways is good
Made this for next week
anyways...
http://www.geocities.com/kalzayani/EURUSD30.htm

Dallas MD 13:23 GMT August 20, 2004 Reply   
Sitting on sidelines for now.

GOLD COAST MARTIN 13:20 GMT August 20, 2004 Reply   
Correlation between the e/usd and aud usd has not returned yet....patience required...g/t

nyc jk 13:20 GMT August 20, 2004 Reply   
PCM - are you aware that by changing the scale of your axis, the Gann line angles change and therefore so does your analysis?

NYC PCM 13:17 GMT August 20, 2004 Reply   
London E

Hi,

Gann is fascinating. there's a lot more than in that book. Mostly I use his geometrical stuff.

Gann angles are eerily powerful. they effectively allow you to establish likely trend lines from a high or low before you have and swings high/lows to work from.

Dallas MD 13:14 GMT August 20, 2004 Reply   
or sideways.

NY as 13:13 GMT August 20, 2004 Reply   
or downtrends

NY as 13:12 GMT August 20, 2004 Reply   
KL KL 13:08 GMT August 20, 2004
Interesting to see why we always get retracements in uptrends.

KL KL 13:08 GMT August 20, 2004 Reply   
out eurusd 123...#@$%^& - lost 15 pips this is not good day ..maybe better long now!

Miami OMIL (/;-> 13:07 GMT August 20, 2004 Reply   
bahrain gd 12:56 GMT August 20, 2004
Thank you I hope you are well too. For eur/usd support retracement numbers are 1.2280-90, 2250-60 and 2220-30. A close below the 1.2280-70 area for today and the bears will have some more firepower for the rest of the month IMHO. GL GT

Bahrain Within 10 Pips (S/L = 10*Spread) 13:07 GMT August 20, 2004 Reply   
http://www.geocities.com/kalzayani/MyDailyOrders.htm
I made these orders...
Looks Bulish to me

Bahrain Within 10 Pips (S/L = 10*Spread) 13:05 GMT August 20, 2004 Reply   
http://www.geocities.com/kalzayani/EURUSD15.htm

London e 13:05 GMT August 20, 2004 Reply   
NYC PCM // Hi, how do you find Gann? Any good? I've read his book "How to make profits in Commodities" but there seems to many levels to keep track of.

NYC PCM 13:03 GMT August 20, 2004 Reply   
EUR/USD

The ducks are beginning to line up.

divergences building, hitting Gann angle resistance.

nyc jk 13:02 GMT August 20, 2004 Reply   
Ldn Robert - good reason, thanks for that!

CA Clouy 13:01 GMT August 20, 2004 Reply   
Bahrain//what's ur view on eur/usd in short-term? still holding bullish? TIA. GL & GT.

Bahrain Within 10 Pips (S/L = 10*Spread) 13:00 GMT August 20, 2004 Reply   
Will be a rough ride today.

bahrain gd 12:56 GMT August 20, 2004 Reply   
Miami,Omil:Goodmorning, Nice to see u back in forum. Hoping enjoyed a great vacation.

B.A. BOCA 12:56 GMT August 20, 2004 Reply   
gold going UPPP

now $408.60

Dallas MD 12:48 GMT August 20, 2004 Reply   
EUR/USD reversed short, long @ 2302.

bahrain gd 12:47 GMT August 20, 2004 Reply   
Any view on GBP/USD next move?

Melbourne Qindex 12:46 GMT August 20, 2004 Reply   
Makati Obelix 12:40 GMT - Good evening!

melb 12:43 GMT August 20, 2004 Reply   
Crude 48.23 + 59 fwiw

Ldn Robert 12:42 GMT August 20, 2004 Reply   
nyc jk 12:32 GMT, sorry meant in 30 minutes
3 large odas from clients just came in - executing soon

Bangkok bkk 12:42 GMT August 20, 2004 Reply   
Bangkok bkk 12:39 GMT August 20, 2004

Target remain 1.24++ , s/l below 1.226

NYC PCM 12:41 GMT August 20, 2004 Reply   
EUR/USD

finally a real retrace perhaps - wve 4 kind of a thing. Will be looking for chance to add to short position.

Makati Obelix 12:40 GMT August 20, 2004 Reply   
Seems like everyone getting last minute advices before Dr Q goes for his vacation. Have fun Dr. Q. You will be missed. Enjoy! :)

Bangkok bkk 12:39 GMT August 20, 2004 Reply   
EUR/USD: Just long @ 1.2290

Melbourne Qindex 12:34 GMT August 20, 2004 Reply   
Miami OMIL (/;-> 12:28 GMT - Thank you. Right the next target is 1.2204 for EUR/USD. If the market goes down further subtract 1.2204 by 156 pips to find a better support. This is good for next week.

IST Sez 12:32 GMT August 20, 2004 Reply   
EUR/JPY went down as prdeicted by master Q and gave me some profit.Thnx sir

nyc jk 12:32 GMT August 20, 2004 Reply   
why do you say that, Ldn Robert?

Quebec Swap 12:29 GMT August 20, 2004 Reply   
Looks like Usd/Cad is doing some pullback, ready to long some more.

Ldn Robert 12:29 GMT August 20, 2004 Reply   
EUR$ in about 3 minutes we could see 1.2350

Miami OMIL (/;-> 12:28 GMT August 20, 2004 Reply   
Nice call Qindex next major support in my radar for eur/usd is around 1.2200-10 and 1.2120-30, which would be the target set for now as intraday indicators unwind IMHO. GL GT

Zaporozhye, UA Nemo 12:28 GMT August 20, 2004 Reply   
What it is???????????? i mean spot Gold... TIA

Melbourne Qindex 12:28 GMT August 20, 2004 Reply   
EUR/USD : One can easily see that the weekly cycle analysis can be used as a reference for day trade or position trading.

Melbourne Qindex 12:26 GMT August 20, 2004 Reply   
EUR/USD : The current expected trading ranges from my weekly cycle are as follow :-

... // 1.2226* - 1.2278 - 1.2329* // ...

Melbourne Qindex 12:23 GMT August 20, 2004 Reply   
eur lg 12:21 GMT - Thank you for your compliment.

Melbourne Qindex 12:22 GMT August 20, 2004 Reply   
IST Sez 11:32 GMT - Thank you, we need you to support our forecasting service.

Perth RKN 12:21 GMT August 20, 2004 Reply   
Melbourne Qindex 12:17 GMT August 20, 2004
Melbourne Qindex 09:00 GMT August 14, 2004

I really look forward to getting a handle on all this.

eur lg 12:21 GMT August 20, 2004 Reply   
Dr Q awesome call on the break of 1.2358 earlier.

KL KL 12:21 GMT August 20, 2004 Reply   
Stopped reversed now short eurusd 122.85 out gbpusd BE....time to rethink what is happening!!

Gen dk 12:17 GMT August 20, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Melbourne Qindex 12:17 GMT August 20, 2004 Reply   
Melbourne Qindex 09:00 GMT August 14, 2004
EUR/USD (Weekly Cycle) : The critical point of my weekly cycle is located at 1.2431. The key quantized level is positioning at 1.2123. The distribution profile of my weekly cycle probability chart indicates that the market has a tendency to trade between 1.2123 - 1.2431. A projected resistant barrier is expected at 1.2399 - 1.2412. The lower barrier of my weekly cycle is positioning at 1.2072 // 1.2123. The upper barrier is located at 1.2534 // 1.2586. The market rhythm is represented by 92 pips and the weekly cycle normal trading range is 1.2175 - 1.2637. (Suggestion : Maintain a short position if the market is trading below 1.2534 ).


Weekly Cycle Quantized Levels

... 1.2020* - 1.2072 // (1.2123) - 1.2175 - 1.2226* - 1.2278 - 1.2329* - 1.2380 - 1.2431* - 1.2483 - 1.2534* // 1.2586 - 1.2637* ...

Melbourne Qindex 12:16 GMT August 20, 2004 Reply   
EUR/USD : Sepculative selling will increase again when the market is trading below 1.2282.

Dallas MD 12:13 GMT August 20, 2004 Reply   
Reshorted EUR/USD @ .2290 looking for a 20 pip target.

Dallas MD 12:11 GMT August 20, 2004 Reply   
Out of EUR/USD shorts for a net of 48 pips. Waiting to see if a retracement begins or a continuation of downtrend.

KL KL 12:10 GMT August 20, 2004 Reply   
Right ... in I go..long gbpusd at 1.8218 sl 1.8198 hope to make 40 pips above...also long eurusd at 1.2298 sl 1.2285 looking for 30+ pips....THis is very short term trade and dangerous...HIT & run is the game today..gl gt

Dallas MD 12:06 GMT August 20, 2004 Reply   
Dallas GEP, I would like to get to know a fellow Dallas trader. I know we can't post email addresses here. How do we get to know each other if you are interested.

helsinki JAK 12:05 GMT August 20, 2004 Reply   
Eur says `` Don´t worry guys i´ll be back down,you know i`ve been up for quite some time i need to get some sleep too``

NYC PCM 12:01 GMT August 20, 2004 Reply   
EUR/USD

Bounce near 8/18 low as we would expect. final line of defense for bull forces wanting to defend the multi day trading range.

It'll generate a bit of a retrace - perhaps a good opportunity to add to short position.

Bruxville Jim 12:00 GMT August 20, 2004 Reply   
rakesh // What else do you need, baby?
BTW, how many times can one be new here???:))

Gen dk 11:57 GMT August 20, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

tnk rakesh 11:56 GMT August 20, 2004 Reply   
hello frds i am new to this foroum..can u suggest me where i cud get info on spot gold..any sites...and any traders here who trade gold..ya..plzz rpost ur feedbk..thanks

tnk rakesh 11:55 GMT August 20, 2004 Reply   
hello jay..
i need email adress of miami and GEP plzz forward them to me..thanks

Miami OMIL (/;-> 11:53 GMT August 20, 2004 Reply   
Good short on eur/usd GEP congratulations. Right now this is critical support around 1.2270-80 for eur/usd if broken then I expect a bigger drop for eur/usd for now as the intraday indicators unwind. GL GT

ny amc 11:51 GMT August 20, 2004 Reply   
houston are you around

Gen dk 11:50 GMT August 20, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Perth RKN 11:47 GMT August 20, 2004 Reply   
EUR/USD

Slide, slide, slide. Do it for me baby!

NYC PCM 11:46 GMT August 20, 2004 Reply   
EUR/USD

Well August 4th trendline really done with now. the next potential support is the August 18th low. Once that's gone we'll be down with the bottom of the multi day trading range.

Dallas GEP 11:44 GMT August 20, 2004 Reply   
Closed usd/cad longs and eur/usd shorts at profit. Flat now.

Quebec Swap 11:43 GMT August 20, 2004 Reply   
I suspect Usd/Cad will slightly rise above 1.3000

Gen dk 11:33 GMT August 20, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

IST Sez 11:32 GMT August 20, 2004 Reply   
Mr Q,
You are the best sir, as always.Thnx for sharing your views
GL,GT

Zaporozhye, UA Nemo 11:31 GMT August 20, 2004 Reply   
Close @ 94 USDCHF long from 2419 ... waiting for pullback and long again IMO

Bangkok bkk 11:31 GMT August 20, 2004 Reply   
Beijing Laowen 11:25 GMT August 20, 2004
bkk, r u around, mate? Your "dreams' that eur/usd going down at ard. 1.2310~30 has come true! Are you still bullish euro? I am placing an order to buy it @1.2285 with 30 pips s/l.
----------------------------------------------------

Loawen// Need to wait and see a little while if we should long this pair or not. My cable long also stopped out since 1.8280.
Sideline for now.

GOLD COAST MARTIN 11:30 GMT August 20, 2004 Reply   
Watch for a renewal of corelation between the e/usd and aud /usd pairs....should euro breach 12298 aussie will drop to 7195 ...after that aud will follow the major pair as it has not done in the past 7 days..g/t

Melbourne Qindex 11:26 GMT August 20, 2004 Reply   
EUR/JPY : Speculative selling will increase if the market is trading below 134.75.

Beijing Laowen 11:25 GMT August 20, 2004 Reply   
bkk, r u around, mate? Your "dreams' that eur/usd going down at ard. 1.2310~30 has come true! Are you still bullish euro? I am placing an order to buy it @1.2285 with 30 pips s/l.

Perth RKN 11:24 GMT August 20, 2004 Reply   
Dallas MD 11:21 GMT August 20, 2004
Thought you might like it. Not bad for a yankee.

As a Yankee, Texas is closer to Aus than most.

Cheers MD

Melbourne Qindex 11:22 GMT August 20, 2004 Reply   
EUR/USD : My current expected trading ranges are 1.2282 - 1.2321 - 1.2360.

Perth RKN 11:21 GMT August 20, 2004 Reply   
Slide baby slide!

Dallas MD 11:21 GMT August 20, 2004 Reply   
Thought you might like it. Not bad for a yankee.

Perth RKN 11:18 GMT August 20, 2004
Good use of mate!

Perth RKN 11:18 GMT August 20, 2004 Reply   
Good use of mate!

Dallas MD 11:17 GMT August 20, 2004 Reply   
The same here mate.

Perth RKN 11:14 GMT August 20, 2004
NYC PCM 11:11 GMT
EUR/USD
I am short. I am assuming that within 25 min it will be sliding again. If not my stop is trailing.

Cheers

Perth RKN 11:14 GMT August 20, 2004 Reply   
NYC PCM 11:11 GMT
EUR/USD
I am short. I am assuming that within 25 min it will be sliding again. If not my stop is trailing.

Cheers

NYC PCM 11:11 GMT August 20, 2004 Reply   
Perth RKN

EUR/USD

I think we need some consolidation time here. I think we'll sit and play around that trendline for a while. Need to work off some potentail divergences which would be ceated by more down move.

Dallas MD 11:09 GMT August 20, 2004 Reply   
You could be right based on the current boring range. .2320 seems to be the support for now.

NYC PCM 11:00 GMT August 20, 2004
EUR/USD

slight break of that August 4th trendline but could still be ahead fake for the moment and we could still bounce here a bit.

Perth RKN 11:09 GMT August 20, 2004 Reply   
helsinki JAK

I would love to see 2250

helsinki JAK 11:01 GMT August 20, 2004 Reply   
Eur says ``i´ll go down at hit 1.2250 . Then i´ll come back up to 1.2300 if you all don´t mind``

chennai kj 11:00 GMT August 20, 2004 Reply   
booked sterling short 1.8315 at 1.8260...
appears that it has got a long way down
Have to wait for the next entry lvl

NYC PCM 11:00 GMT August 20, 2004 Reply   
EUR/USD

slight break of that August 4th trendline but could still be ahead fake for the moment and we could still bounce here a bit.

Melbourne Qindex 10:57 GMT August 20, 2004 Reply   
EUR/JPY : Looking forward to see 134.01 - 134.30 trading range in the New York session.

Perth RKN 10:56 GMT August 20, 2004 Reply   
Dallas MD 10:54 GMT August 20, 2004
BOOM! EUR/USD went through .2330 support


Sink like a stone - Please.

Brisbane L 10:56 GMT August 20, 2004 Reply   
NYC PCM there are a lot of words in the english language to confuse us ..

Brisbane L 10:54 GMT August 20, 2004 Reply   
NYC PCM pleasure, its an excellent site quite a lot of info . good luck

Dallas MD 10:54 GMT August 20, 2004 Reply   
BOOM! EUR/USD went through .2330 support

NYC PCM 10:50 GMT August 20, 2004 Reply   
Brisbane L

thanks - not being a "real" forex trader (trading futures) I don't know some of that vocab....... Had been confused by references to "cable" too! get it now.

Melbourne Qindex 10:49 GMT August 20, 2004 Reply   
sarasota jf 10:40 GMT - Thank you, I hope the reference is good till the end of September.

NYC PCM 10:47 GMT August 20, 2004 Reply   
General note.

For those reading my posts. I trade only trade EUR/USD and I trade 2 time frames.

The first is multi week/month trades based on cyclical analysis (mostly using Hurst and Gann methodolgies).

The second is pure day trading based on above but also divergences and "strategic" support resistance levels such as PDH, PDL, Pivot........etc.

I'll make it clear which time frame I'm talking about when i post.

Brisbane L 10:47 GMT August 20, 2004 Reply   

NYC PCM. this should help
LLINK

Philadelphia caba 10:44 GMT August 20, 2004 Reply   
NYC PCM Thank you

Perth RKN 10:44 GMT August 20, 2004 Reply   
Dallas MD - Well done son!!!

Dallas MD 10:42 GMT August 20, 2004 Reply   
Perth RKN, I'm 1 beer behind!

NYC PCM 10:42 GMT August 20, 2004 Reply   
EUR/USD

The stop loss on my "long term short" trade is 1.2395. (PLEASE NOTE: I trade EUR/USD on CME futures market - not Forex - so there is often a slight price difference).

My profit target is "time" rather than price orientated. I'm holding this all the way down into the big nest of cyclical lows which is due around November 12th. any price projections on that would be too apporoximative to be worth posting for now.

sarasota jf 10:40 GMT August 20, 2004 Reply   
dr q - thanks and have a nice holiday

Perth RKN 10:39 GMT August 20, 2004 Reply   
Dallas MD 10:31 GMT August 20, 2004
Goodmorning Everyone.

Evening MD

6.30 pm Friday here, on my 3rd beer, go the downtrend I say!

Cheers

Dallas MD 10:38 GMT August 20, 2004 Reply   
London e, It is an initial target, will reasses based on Fib points & 3 Price Break levels.

NYC PCM 10:38 GMT August 20, 2004 Reply   
London e - thanks

Philadelphia caba 10:38 GMT August 20, 2004 Reply   
London e 10:36 GMT August 20, 2004
NYC PCM // s/l = stop loss tp = take profit

Thanks.

London e 10:36 GMT August 20, 2004 Reply   
NYC PCM // s/l = stop loss tp = take profit

Melbourne Qindex 10:35 GMT August 20, 2004 Reply   
Melbourne Qindex 08:47 GMT August 18, 2004
EUR/USD : My system is still suggesting a trading range of 1.1751 - 1.2382 within Aug - Sep and the mid-point reference is 1.2067. Some of the viewers are very upset to see a range forecast of 600 pips. However my system is very easy to follow since all my projected chart points are interelated and are separated by a constant or its multiple. One can easily fine tune the trading ranges by dividing them with any integer.


Set A : ... // 1.1751* - 1.2067* - 1.2382* // ...

Set B: ... // 1.1751* - 1.1909 - 1.2067* - 1.2225 - 1.2382* // ...

Set C : ... // 1.1751* - 1.1830 - 1.1909 - 1.1988 - 1.2067* - 1.2146 - 1.2304 - 1.2382* // ...

London e 10:35 GMT August 20, 2004 Reply   
Dallas MD // Out of interets, if a major move down will occur on a break of 1.2330 then why only take 25 pips?

Dallas MD 10:31 GMT August 20, 2004 Reply   
Goodmorning Everyone. If EUR/USD breaks 2330 then a major downtrend may occur. I am short from 2345 for a 25 pip target. GL everyone.

NYC PCM 10:30 GMT August 20, 2004 Reply   
Philadelphia caba

What does s/l and tp mean?

Swidnica/Poland profi-forex 10:30 GMT August 20, 2004 Reply   
20.08.2004 (5.04am US Time)

USD/JPY (CURRENT LEVEL 109.15) – MINIMUM 108.94, SUPPORT NEAR 108.80. HIGH BRENT PRICES COULD HELP USD TO BACK NEAR 110.00 REGION.

EUR/USD (CURRENT LEVEL 1.2364) – YESTERDAY WE TESTED ONLY 1.2320/30 REGION. FROM THERE WE BACK ABOVE 1.2350. SO IN OUR OPINION WE OPINION WE SHOULD SEE 1.2460/80 REGION.

USD/CHF (CURRENT LEVEL 1.2422) - STRONG RESISTANCE 1.25/05, SUPPORT AT 1.2370. CHF SHOULD BE STRONGER TO THE EBD OF THE WEEK.

GBP/USD (CURRENT LEVEL 1.8315) – THE NEAREST SUPPORT 1.8280/90. THE NEAREST RESISTANCE 1.8350).

Philadelphia caba 10:26 GMT August 20, 2004 Reply   
Good morning everyone!

NYC PCM 09:51 GMT August 20, 2004
EUR/USD

Morning all. I'm glad to see The Euro is pulling back nicely from the highs.
Cyclically today or Monday looked to be the latest it could make any new high, and so far today it looks like that possibility is being eliminated.

Probablity is good now we come out the bottom of this multi-day consolidation and begin the long move down into the mid November nest of cyclical lows.

Still holding short.

where is your s/l and tp? thanks.

ln 10:23 GMT August 20, 2004 Reply   
Indonesia-Solo Raden Mas. so many of you out there. picking the right one is even more tricky than forex. anyway extra gl to all trying to trade these views. better stick to Dr Q.

SYDNEY BDP 10:21 GMT August 20, 2004 Reply   
Raden sir,
Please dont go , I cant trade without your views. THis forum will be dead with out you.
so Please comeback like a good boy.

Perth RKN 10:18 GMT August 20, 2004 Reply   
NYC PCM 10:14 GMT August 20, 2004
EUR/USD

I hope so I am already short.

Indonesia-Solo Raden Mas 10:15 GMT August 20, 2004 Reply   
friends !! this copy is not from me.
I have give my all ccy currencies view today.
let the imposter do everything here.
I must to go home now to meet people that I love so much today.
I want to enjoy my weekend.. BYE...
note : I will not write anything again here after my " say goodbye"
if anyone write again with my ID that's not from me.
to GV observer.. sorry I paste Indonesian view because first I make view in Indonesia language and try to translate with my bad English to help this forum member. sorry..
To jay :
Thanks.

NYC PCM 10:14 GMT August 20, 2004 Reply   
EUR/USD

We just bounced at Prior Day Low and the aforementioned August 4th trend line.

I'm 90% sure we will break that trendline today so I'll be adding to shorts on the retrace here.

Perth RKN 10:11 GMT August 20, 2004 Reply   
Hi Guys

I'm new here, interesting forum, I am enjoying it, but there is a lot of noise.

I shall have to be paitient and learn how to filter it.

Cheers all

Rob from Perth Western Australia.

Indonesia-Solo Raden Mas 10:10 GMT August 20, 2004 Reply   
gold (be made when at 407.73)
Like my before that if show you 406.50, mean that buying reaction will come and will be dominant as the clear information to go 418.60 for long term, trade.Level 397.25 or 395.20 high possibility as the bottom before move up for long distance. Still any hope to go arround 396 except price broke 408.20 and show you 408.80. Now gold chart is walking on the danger level because very easy to get selling emotion since touch 408.20
Level sell : Level Buy :
407.50 stop loss 408.80 397.50 stop loss 394.50
403.97 stop loss 402.50

Indonesia solo raden mas 10:06 GMT August 20, 2004 Reply   
sgp sp 09:52 GMT August 20, 2004
I agree, From tomorrow,my original views only in following id
indonesia, realraden.
I think that will solve the problem.

Indonesia-Solo Raden Mas 10:06 GMT August 20, 2004 Reply   
usd/chf (be made when at 1.2422)
caused by the stability price in area 1.2430 made up move pattern to level 1.2530 seen not clear although price pattern still is on the railway go to that level. The confirmation goto 1.2530 will be clear if show you 1.2416. The possibility now price will go to 1.2339 as the bottom target. For middle term, the up move pattern to go 1.2603 is clear and high possibility selling emotion will come so emotional from that level.
Level Sell : Level buy :
1.2643 stop loss 1.2660 (minor) 1.2339 stop loss 1.2420
1.2535 stop loss 1.2550 (major) 1.2237 stop loss 1.2200
1.2603 stop loss 1.2625 (major) 1.2378 stop loss 1.2355
1.2460 stop loss 1.2480 (major)

GER ad 10:05 GMT August 20, 2004 Reply   
Long GBP/CAD at 2.3704 looking for 50+ pips today

Antwerp Tom 10:04 GMT August 20, 2004 Reply   
AC, so if we want a strong move, we have to organize a nasty forum...lol

NYC PCM 10:02 GMT August 20, 2004 Reply   
EUR/USD

First support as we go down should be the up trend line from the august 4th low. breaking that will be first good indication that the down trend has returned as I expect.

Indonesia solo raden mas 10:01 GMT August 20, 2004 Reply   
global view, observer,
sir, I am sorry, will type in english .
Thanki

Indonesia-Solo Raden Mas 10:01 GMT August 20, 2004 Reply   
usd/jpy (be made when at 109.09)
buying reaction after touch 109.09 in fact not too strong to lift usd/jpy (only arround 50 pips from there) and not yet able to make movement pattern for up with strong. Indication to go 108.52 become one of target that be suspected because lately pattern that be made is very danger with buying emotion and can be so emotional. Caused by broken of 109.09 level, give me possibility 108,52 for today become the danger level and can be reversal with fast.Or before go to 108.52 buying usd will be potential show you suddenly.
Level sell : Level Buy :
0.7256 stop loss 0.7300 (major) 0.7202 stop loss 0.7180 (major)
0.7276 stop loss 0.7300 (major) 0.7145 stop loss 0.7125 (major)
0.7340 stop loss 0.7360 (major)

Global view observer 09:56 GMT August 20, 2004 Reply   
Attention, Readen mas,read this,
only english here please,no dilects allowed.
We warned you before as well.

Haifa ac 09:55 GMT August 20, 2004 Reply   
LOL. Noticed that more often than not--when the forum gets nasty-- we are on a verge a strong move. Thanks for the indication!

Global view observer 09:52 GMT August 20, 2004 Reply   
raden mas,
We are checking it.But check why the forum get bad whenever you appear?

sgp sp 09:52 GMT August 20, 2004 Reply   
Hi Raden,

Think u should change ur handle...we have a copycat here...detrimental to ur reputation...

gl & gt :)

Indonesia-Solo Raden Mas 09:52 GMT August 20, 2004 Reply   
aud/usd (bemade when at 0.7250)
Like my view before that band 0.7237-0.7255 will able to block up move to 0.7276.Until now price pattern still be capped in that scenario,sol up move to get 0.7340 will be clear if show you price liitle above 0.7276. Current price pattern show me the up move is on the danger level with selling emotion for taking profit emotion, so high possibility today wil be dominated by corection move. The possibility price will touch 0.7276 before get corection again to get 0.7202 or 0.7145. Major pattren seen will go to 0.7340 as the extreme top is clear now to read.
Seperti pada view kemarin bahwa band 0.7237-55 adalah mampu menghambat laju kenaikan Aussie. Saat ini pola harga masih terjebak dalam scenario tersebut sehingga kenaikan ke level 0.7340 harus dimunculkan dulu harga di atas 0.7276-nya. Pola harga terakhir menunjukkan kenaikan harga sudah sangat rawan sekali dengan aksi jual untuk taking profit sehingga kemungkinan besar hari ini akan didominasi aksi koreksi harga. Kemungkinan sejak menyentuh harga 0.7276 grafik akan terkoreksi lagi ke target 0.7202 atau 0.7145 kembali..Pola majornya mengarah ke level 0.7340 sebagai puncak extremenya sudah cukup jelas terbaca.
Level sell : Level Buy :
0.7256 stop loss 0.7300 (major) 0.7202 stop loss 0.7180 (major)
0.7276 stop loss 0.7300 (major) 0.7145 stop loss 0.7125 (major)
0.7340 stop loss 0.7360 (major)

NYC PCM 09:51 GMT August 20, 2004 Reply   
EUR/USD

Morning all. I'm glad to see The Euro is pulling back nicely from the highs.
Cyclically today or Monday looked to be the latest it could make any new high, and so far today it looks like that possibility is being eliminated.

Probablity is good now we come out the bottom of this multi-day consolidation and begin the long move down into the mid November nest of cyclical lows.

Still holding short.

Indonesia-Solo Raden Mas 09:44 GMT August 20, 2004 Reply   
to Global view !!
I don't have time to send the e-mail about this imposter.
If not be deleted or be blocked her/his IP address about this bad character person will make this forum not proffesional.

Texas gangbanggurl 09:43 GMT August 20, 2004 Reply   
raden,
How can GBP and EURO go up and Aud/usd go down, u wanna play safe with predictions, right? Not bad.
I will see you tonight

Indonesia-Solo Raden Mas 09:41 GMT August 20, 2004 Reply   
This is not from me my friends, be carefull !!
I hope Jay know this and will do soon!
"Indonesia-Solo Raden Mas 09:34 GMT August 20, 2004
09:26 GMT August 20, 2004
my little view
AUD/usd (be made when at 0.7180
like my view yesterday 0.7230is the key level to get 0.6816 and that level have been broken,so the scenario to 0.6600enough clear.Level 0.7300was not objective again to hope also 0.7200as the TOP and danger band 0.73-0.6900will be easy to get or be passed. The possibility big corection will come when 0.6920 .
Suggest sell every blip"

Indonesia-Solo Raden Mas 09:39 GMT August 20, 2004 Reply   
gbp/usd (be made when at 1.8325)
Level sell : Level buy :
1.8399 stop loss 1.8430 1.8300 stop loss 1.8266 (major)
1.8366 stop loss 1.8430 1.8286 stop loss 1.8266 (major)
1.8420 stop loss 1.8430
railway scenario :
like my view before that buying action will be dominant when touch 1.8192 and have been given respone until broken until broke important level 1.8330 as the confirmation to get 1.8399 or 1.8399. Current pattern like this make level 1.8366 enough danger with selling emotion and make level 1.8399 as the minor target and be moved to 1.8420. The current pattern seen enough clear that up move to be above 1.8366 will be very danger with selling emotion except show you 1.8375 adn price move down early to get level 1.8300,so high possibility price will move up to pass 1.8400 is objective. Be predicted corection from 1.8366 will go to 1.8298 as the bottom.

Indonesia-Solo Raden Mas 09:34 GMT August 20, 2004 Reply   
09:26 GMT August 20, 2004
my little view
AUD/usd (be made when at 0.7180
like my view yesterday 0.7230is the key level to get 0.6816 and that level have been broken,so the scenario to 0.6600enough clear.Level 0.7300was not objective again to hope also 0.7200as the TOP and danger band 0.73-0.6900will be easy to get or be passed. The possibility big corection will come when 0.6920 .
Suggest sell every blip

Indonesia-Solo Raden Mas 09:32 GMT August 20, 2004 Reply   
Texas gangbanggurl 09:25 GMT August 20, 2004
you must know.. with or not you are here.. so must go on !!!

Indonesia-Solo Raden Mas 09:31 GMT August 20, 2004 Reply   
Texas gangbanggurl 09:25 GMT August 20, 2004
thanks you for your post. my view is not for you !! don't read that!
I suggest you to believe in your self.once ..believe in your self and believe in your ability reading chart. don't hope or depend other view. Better I suggest you to make view and be proved here..can help others or not.
un proffesional comment is very easy than do the analysis and copy here. I detect you is Indonesian people who use Texas..uch.. bad culture..

Indonesia-Solo Raden Mas 09:26 GMT August 20, 2004 Reply   
my little view
eur/usd (be made when at 1.2376
like my view yesterday 1.2369 is the key level to get 1.2409-16 and that level have been broken,so the scenario to 1.2409 enough clear.Level 1.2282 was not objective again to hope also 1.8237 as the bottom and danger band 1.2409-1.2416 will be easy to get or be passed. The possibility big corection will come when 1.2498 be touched, but we must look out when price is on the danger band 1.2409-16 because able to push chart until 1.2310 again except price not pass 1.2416 and show you 1.2430.
Level sell : Level Buy :
1.2409 stop loss 1.2430 (minor 1.2310 stop loss 1.2277 (major)
1.2612 stop loss 1.2640 (major) 1.2339 stop loss 1.2277 (major)
1.2496 stop loss 1.2520 (major) 1.2362 stop loss 1.2355 (minor)
1.2416 stop loss 1.2430 (minor)

Texas gangbanggurl 09:25 GMT August 20, 2004 Reply   
Indonesia-Solo Raden Mas 09:17 GMT August
aaaaaaaaaaaaaah u again.fake or real or original fake?How can we trust your views now?

Warsaw mach 09:23 GMT August 20, 2004 Reply   
Riga RIA, are you around? Do you trade EUR/PLN currently?

Bahrain Within 10 Pips (S/L = 10*Spread) 09:19 GMT August 20, 2004 Reply   
Chart with historical prices
http://www.geocities.com/kalzayani/EURUSD15.htm
Trading Spoken here!!

Texas gangbanggurl 09:19 GMT August 20, 2004 Reply   
Euro/yen=>sell 134.90=>133.80,reverse,if 135.35 regained for 136++
USD/yen=>buy109.35=>110++, reverse if 109 broken for 100 pips!
Have fun!

Gen dk 09:18 GMT August 20, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Indonesia-Solo Raden Mas 09:17 GMT August 20, 2004 Reply   
good evening everybody !!

Brisbane L 08:53 GMT August 20, 2004 Reply   
GOLD COAST MARTIN logically thought out thank you. It appears that the USD hold all the cards and which ever way it plays will determine the direct of the other players.

Melbourne Qindex 08:47 GMT August 20, 2004 Reply   
EUR/USD : Speculative selling will increase if the market is trading below 1.2358.

GOLD COAST MARTIN 08:43 GMT August 20, 2004 Reply   
Brisbane L 08:12 GMT August 20, 2004
hi...i am only an aussie bear as long as my system allows me to..Right now different technical analysis instruments will give you conflicting views..thats why we have so many conflicting opinions out there...Fundamentalists will argue their view as per their interpretation...That is why we all have to go back to basics to form our thoughts at a time when the aud is either sitting at the edge of the cliff or is ready to head back north.depends on your analysis....The basics right now are:The aud is back in a similar scenario where it was months back when it was at .78 and the major concensus was that it would hit 85...thei argument was the aussie would keep attracting foreign flows long term..they did not realise that the flows stop when the currency appreciates...and that is what happened...flows went back to the dollar due to the improving economic fundamentals and the commencement of interest rare hikes........we have a situation now that at 72 cents the aussie is STARTING to look like an attractive proposition for foreign flows plus we have had tremendous commodity exports since october last year which now are starting to top out....HOWEVER,the at the back of the markets minds will be what happened when we had a aud correction from 79 to 68 within a relative short space of time....bearing this in mind and with the improving US economic situation they will not repeat the same scenario again..it seem to be a purely logical decision...especially as large funds have economic parameters in which they work with...this is the reason why the aussie will not see 74+ again(a fact that i mentioned 3 months ago)...for intraday trading we see spikes like right now due to short term effect of uridashi deals and the interest attractivenes,,,thats great ..trade it and profit ..but from a medium to long term view it is still heading south....The only variable at the moment that has stopped its descent as well as of most commodity currencies is the markets spin on the effects of oil that is temporarily halting eveything in the market including forex...as oil heads south to 38-42 dollars a barrel in the short term so willl the aud...g/t

Gen dk 08:35 GMT August 20, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Melbourne Qindex 08:20 GMT August 20, 2004 Reply   
Sydney bl 08:12 GMT - See details in my page.

Melbourne Qindex 08:19 GMT August 20, 2004 Reply   
AUD/USD : Current Comment.  Register with [email protected] if you have no access to my page.

guangdong 08:16 GMT August 20, 2004 Reply   


Information of Aug 20h, 2004
NO Currency Low point possible High point possible Trend of daily graph Reference for operation The lowest and highest point of this week’s forecast.
0 DINIW 87.50 88.30 Down 87.00 / 88.80
1 RUD/USD 1.2280 1.2450 Up Buy at 1.2300 1.2270/ 1.2500
2 GBP/USD 1.8200 1.8350 Up Buy at 1.8180 1.8280 / 1.8700
3 AUD/USD 0.7190 0.7200 Up Buy at 0.7200 0.7150/ 0.7300
4 USD/CHF 1.2390 1.2410 Down BuyatUSD 1.2410 1.2350/ 1.2600
5 USD/CAD 1.2900 1.3000 Down Buyat CAD1.2980 1.2800 / 1.3250
6 USD/JPY 108.80 109.80 Down Buy at JPY 109.80 108.80 / 111.00


This chart is only for reference. Please be resposible with your own operation. Be sure to set a lowest cut point (short point)that you can afford!
In order to prevent lose, after you buy , when the price increases by 30 points, you can short at the price you buy. This operation is just for reference. You can do your own operation.
My QQ number is : 30963505,. Please feel free to contact me.
Good luck to everybody!!
E-mail: [email protected]
http://www.678678.com/bbs/index.asp
Yours sincerely,
Yinzi

syd 08:12 GMT August 20, 2004 Reply   
Melbourne Qindex oky doky

Sydney bl 08:12 GMT August 20, 2004 Reply   
thank you Dr Qindex, but look at your weekly cycle this pair can go either way

Brisbane L 08:12 GMT August 20, 2004 Reply   
GOLD COAST MARTIN Hi, I know your a Aussie Dollar Bear just wanted to touch base with your thoughts , tend to agree with view at some time we will see aud lower but , for the moment with dollar in the doldrums can you see it trading higher short term , technical or fundamental views are precarious to say the least at present. Elliot wavers see another 3rd wave down for the dollar not sure if this is it

Melbourne Qindex 08:06 GMT August 20, 2004 Reply   
Syd 08:03 GMT - AUD/USD : At this moment I think it is range bound.

Syd 08:03 GMT August 20, 2004 Reply   
Melbourne Qindex hi could you say if you are positve on the aussie for the short term flat now but as the aussie can jump either way appreciate view

Melbourne Qindex 07:58 GMT August 20, 2004 Reply   
Sydney bl 07:51 GMT - AUD/USD : I would prefer you to see my weekly cycle analysis on this pair.

chennai kj 07:54 GMT August 20, 2004 Reply   
short cable at 1.8315 s/l 1.8335

Sydney bl 07:51 GMT August 20, 2004 Reply   
good afternoon Dr Qindex I still hold my AUD/USD short position, but I start getting a bit worry about this pair, may i ask what's your view on this pair thanks

Melbourne Qindex 07:48 GMT August 20, 2004 Reply   
EUR/USD : the mid-point reference of 1.2335 - 1.2381 is 1.2358.

chennai kj 07:47 GMT August 20, 2004 Reply   
yesterdays upmove in cable looks more like a correction than impulsive..any takers

Melbourne Qindex 07:46 GMT August 20, 2004 Reply   
Melbourne Qindex 07:45 GMT August 20, 2004
EUR/USD : the congested area of my daily cycle is projected at 1.2335 - 1.2381. Use the weekly cycle chart for reference if the market is trading outside this range.

Brisbane L 07:40 GMT August 20, 2004 Reply   
GOLD COAST MARTIN as does the drink , but I dont do that too often either (smiles)

Le Havre Alphonse Brown*75 07:37 GMT August 20, 2004 Reply   
bought more sterling at 1.83

GOLD COAST MARTIN 07:36 GMT August 20, 2004 Reply   
Brisbane L 07:31 GMT August 20, 2004
There is nothing wrong with consulting ICHIMOKU...all perspectives help....as long as you dont get too analytically involved in it as the ICHIMOKU CLOUD can cloud the brain and thinking...g/t

Brisbane L 07:31 GMT August 20, 2004 Reply   
Seen a report today but not sure if its safe to Post it Re:Ichimoku Kinkoh analysis and aud , noticed others got ribbed on the subject here .

Brisbane L 07:28 GMT August 20, 2004 Reply   
LAX-LGB SNP cant see the wood because of the trees (smile)

LAX-LGB SNP 07:18 GMT August 20, 2004 Reply   
looking @ $cad and aud$ dailies makes me realise i have wasted time and equity over $chf and eur$
sometimes we miss the wood coz of the trees (or somethin like that)

only saving grace is gbpchf squeezing higher ... yet its on the periphery of the trough formation apparent on 4-hrly so too early to add or close.

melbourne farmacia 03:50 GMT August 20, 2004
LA ? as in so cali ?

MONACO OGA 07:07 GMT August 20, 2004 Reply   
FX UPDATE 20/08
Good morning,

***EUR***
EUR/USD (currently 1,2365), 25 pips higher than yesterday opening. The USD lost ground against majors yesterday with weaker Philadelphia Fed survey and leading indicators showing a slowdown in US economy. The market still consolidates inside 1,2280-1,2380. Overnight, the pair printed 1,2382. Our intraday strategy remains the same as yesterday : EUR's rally seems to be exhausting ahead of last month's 1,2460 resistance and we'll be looking to play the range and sell ahead of 1,2400 for 1,2310 and 1,2280 targets. Despite looking offered, we believe the USD is being defended and kept from falling further ahead of the US presidential elections and in a rather gloomy stock performance environment. Our range trading strategy since last spring is still valid for the time being, with a 1,1950-1,2525 range.

Data out today:

EURozone current account June expected 4.0Bio 10.00 GMT
EURozone trade balance June expected 9.0Bio 11.00 GMT

Gold at 407,50, with WTI Sept at 48,74

***JPY***
USD/JPY (109,20), remained under pressure on active JPY buying against USD but also against EUR and GBP. Reported Japanese importer bids below 109 should support the pair today while 110,80-111 looks toppish. Our medium term range trading strategy is still valid as long as we stay inside 107-112. Only a daily (weekly) close above 112 would open way to critical 115 pivotal point.
EUR/JPY currently 135,05, stable. Support below 135 and resistance ahead of 136.

***GBP***
Cable (currently 1,8330), regained 1 full figure after testing 1,82 support zone in the morning on weaker July retail sales data. Resistances at 1,8350 and 1,8410 while support zone still around 1,8200.
EUR/GBP (0,6740), was rejected at 0,6785 yesterday. We remain slightly bullish with a 0,6810-20 target.
Have a nice day,

Olivier

Le Havre Alphonse Brown*75 07:02 GMT August 20, 2004 Reply   
long at 1.8330

Le Havre Alphonse Brown*70 07:01 GMT August 20, 2004 Reply   
reverse position on sterling, long at 18230

Calcutta Vikram 06:56 GMT August 20, 2004 Reply   
Jackson....Pls check your mail.

LAS.....further to my last post....I invest (not trade) in Equities on a personal (not professional) basis. I've been making an average of 5-8 trades a YEAR, but my holding is up 60% or so over the last 4 years. As this works out to a 15% average return per annum (without any leveraging), I am more than happy. In fact, must say that my equity market performance is miles better than my forex performance.

Haifa ac 06:56 GMT August 20, 2004 Reply   
Please do.

Rom IRG 06:48 GMT August 20, 2004 Reply   
What about JPY/USD?
Anyone thinks it's time to buy some?

Melbourne Qindex 06:45 GMT August 20, 2004 Reply   
Bris TW 06:41 GMT - The risk/reward ratio is very good. The current level is still a very good bet for position traders.

Bris TW 06:41 GMT August 20, 2004 Reply   
Yes Dr Q this barrier seems tough to overcome and with little data today euro will fall if it doesnt break 1.2385.

Im short from 1.2378 stop 1.2398.

Thanks for your levels sir.

Melbourne Qindex 06:38 GMT August 20, 2004 Reply   
EUR/USD : The market tests this resistant level 1.2378 - 1.2385 everyday and it fails to overcome the projected resistance at 1.2385 so far.

LA fxnew 06:37 GMT August 20, 2004 Reply   
Again..
noone trades fx on friday?
Market is not moving again!

Le Havre Alphonse Brown*75 06:36 GMT August 20, 2004 Reply   
short sterling at 1.8327

Calcutta Vikram 05:45 GMT August 20, 2004 Reply   
LAS......to my mind, the 4-hour chart is also a short term chart. If, like you, I were able to look at the charts only once a day before bedtime, I would be much more comfortable in trading off the Daily and Weekly charts. I would have far fewer trades, but much more profitable trades and greater peace of mind. BUT, that's just me.

LAS 05:35 GMT August 20, 2004 Reply   
just curious Calcutta... how often do or should u be looking at your chart to trade off of a 4 hour chart? I have tried in the past to trade off of longer term charts but my job leads me to trade around this time for another 4 or 5 hours but then its off to bed for me... just looking for a bit of info on how u trade off of a 4 hour chart.. thanks for any info u give

Wien GD 05:33 GMT August 20, 2004 Reply   
EUR/USD Outlook (IFR): The EUR/USD opened around 1.2360/65 and edged higher throughout the session on the back of a weaker USD/JPY. The EUR/JPY fell from 135.50 to 134.85 and helped limit the EUR/USD gains to Yesterday"s high around 1.2380. There is decent selling lined up between 1.2380/90, but stops are starting to build above 1.2400. There is talk of a 1.2400 option barrier that will be defended, but a break above that level would target major resistance around 1.2460. The EUR/USD has been below 1.2460 since early March and a break above would suggest an eventual return to the all-time high of 1.2930.
There are a few factors lining up to suggest that the EUR/USD is ready to break higher. Geo-political concerns are beginning to come back on the radar screen and recent U.S. data has been less than inspiring. Some analysts feel that the rise in the dollar-bloc currencies yesterday is a pointer to the next phase of USD weakness and the EUR should be a beneficiary of further USD falls. There is hourly support around 1.2335 and only a break below that level would take the pressure off of the topside.

Jackson 05:27 GMT August 20, 2004 Reply   
Cacutta..you can email me at [email protected] for further discussions.
Is there any reports coming out that may be a catalyst to bump Eur/usd higher, or the upcoming reports almost irrevalent? Also just a little idea, any thoughts on how the market has been reacting towards the USD over the past several Fridays?

Calcutta Vikram 05:26 GMT August 20, 2004 Reply   
LAS....let me also clarify that both of us can be right and make money, because our time frames are different. You are looking at the 5-min chart. I look at the 4-hour and longer. You could be targeting 1.2350-35 for all I know and might take profit there, whereas I might just wait to buy there. So, as I said, both of us could be right as we don't adversarial positions/ outlooks. MAY THE FORCE BE WITH YOU!

Shanghai ht 05:26 GMT August 20, 2004 Reply   
Beijing Laowen: Thanks, I got it and reply to you again.

LAS 05:22 GMT August 20, 2004 Reply   
well its what makes the world go round... i am not short yet and would need to see a break of the current 5 min trend b4 i did go short but just looking at it now.... what makes u think the eur would go up???

Calcutta Vikram 05:19 GMT August 20, 2004 Reply   
Jackson.....you read my mind exactly

Calcutta Vikram 05:18 GMT August 20, 2004 Reply   
LAS......no offences, but it does. PLEASE, don't take me amiss. I'm just seriously glad someone is bearish.

LAS 05:15 GMT August 20, 2004 Reply   
Hey Calcutta... does my bearishness make u feel better about your bullishness?

Jackson 05:15 GMT August 20, 2004 Reply   
Calcutta...Im wanting to go long right now. On the hourly charts it appears maybe a dip back to maybe the 2350-55 area could be possible, so I am hesitating.Think its possible a break of 2380 would the signal to go LONG or would you wait til a clear break of 2400? Im thinking of placing entries in on a dip at 2355..and also above at 2400..would you think about this?

Calcutta Vikram 05:08 GMT August 20, 2004 Reply   
LAS.....very seriously, thank you for your bearishness in EURUSD.....I would be very worried if everyone were turning bullish

Brisbane L 05:06 GMT August 20, 2004 Reply   
Anyone out there using Ichimoku Kinkoh analysis
on Aud , view would be welcome

LAS 05:05 GMT August 20, 2004 Reply   
my guess is eur/usd is topping now... all bearish macd on 5,15, and 60 min charts... thinking of shorting.. any other thoughts?

Belgrade Knez 05:04 GMT August 20, 2004 Reply   

I have placed question in help forum regarding eur/usd options. Can somebody answer please.

Thank you.

Calcutta Vikram 05:04 GMT August 20, 2004 Reply   
Jackson....I'm reading the Euro exactly as you are. Would venture to say that the imminent will probably take place during the US session (the market might continue to be static over the next 8 hours or so). Support to watch is 1.2320. Resistance at 1.2393 is important. I'm inclined to be bullish, but would have been happier if the EURUSD had unambigous support from the EURJPY, which seems to be lacking.

Beijing Laowen 05:03 GMT August 20, 2004 Reply   
shanghai ht, check yr mail.

Jackson 04:58 GMT August 20, 2004 Reply   
Does anyone see it immenient to EUR/USD breaking higher?
I have noticed the range has shrunk while moving higher. To me this indicates either a strong break higher coming before todays closing, and either a free fall down.
Is there any indication as to when this upward trend may resume in the European or NY session? Thanks for anyones comments.

Melbourne Qindex 04:57 GMT August 20, 2004 Reply   
GBP/JPY : Current Comment.  Register with [email protected] if you have no access to my page.

Bangkok FBF 04:39 GMT August 20, 2004 Reply   
Any HUF traders here? Any views on EURHUF or USDHUF today?

Bangkok bkk 04:33 GMT August 20, 2004 Reply   
Need to go now, see you all again in NY trading session.

Bangkok bkk 04:25 GMT August 20, 2004 Reply   
Beijing Laowen 04:22 GMT August 20, 2004
Bangkok bkk 04:16 GMT August 20, 2004 //
May I have your email,mate? Or should I ask Jay? tks.
-------------------------------------------------

Yes, you may ask Jay for this. It's not appropriate for me to post my e-mail here.

shanghai ht 04:25 GMT August 20, 2004 Reply   
Beijing Laowen: I want to connect with you. Could you please give me your eMail? Mine is [email protected]

Beijing Laowen 04:22 GMT August 20, 2004 Reply   
Bangkok bkk 04:16 GMT August 20, 2004 //
May I have your email,mate? Or should I ask Jay? tks.

Bangkok bkk 04:16 GMT August 20, 2004 Reply   
Beijing Laowen 04:09 GMT August 20, 2004
bkk, thanks mate. Does your system only works on Eur/Usd and Cable?
-------------------------------------

Laowen// No, It works on EUR/USD , USD/CHF , GBP/USD , AUD/USD and USD/JPY

hk ab 04:11 GMT August 20, 2004 Reply   
just had a brief calc.

1.2-->1.32 = 12% increase
30 --> 50 = 67% increase

No matter how, we can see the high oil impact on eur 'cos eur simply can't rally everlasting with its overvalue condition with chf together.

Beijing Laowen 04:09 GMT August 20, 2004 Reply   
bkk, thanks mate. Does your system only works on Eur/Usd and Cable?

Bangkok bkk 04:04 GMT August 20, 2004 Reply   
Beijing Laowen 03:57 GMT August 20, 2004

Haha, haha! Thanks, bkk. Very fine words to enjoy!

Did your system generate some hints for Eur/Gbp? Thanks.

-------------------------------------------------------

Laowen// No, my system did not generate some hints for EUR/GBP.

Dallas GEP 04:00 GMT August 20, 2004 Reply   
1.2376 EURO short 1.2336 TARGET

Miami OMIL (/;-> 03:58 GMT August 20, 2004 Reply   
Thanks Qindex I always appreciate your wisdom and comments you are right it will not be one sided but we should get a nice trend moving again (I hope). ;-) I have pivot resistance for eur/usd around 1.2390, 2410 and 2440 main resistance still is around the 1.2460-90 area for now . Pivot support is around 1.2340, 2310 and 2290 for now IMHO.

Good to hear from you Farmacia I hope you had a good trip. GL GT

Beijing Laowen 03:57 GMT August 20, 2004 Reply   
Bangkok bkk 03:51 GMT August 20, 2004

"The key to happiness is having dreams, the key to success is making them come true."
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Haha, haha! Thanks, bkk. Very fine words to enjoy!

Did your system generate some hints for Eur/Gbp? Thanks.

Sydney Alimin 03:54 GMT August 20, 2004 Reply   
year end, we are still here maybe? haha ..anyway early weekend for me, go skiing now...see you all next week

Bangkok bkk 03:51 GMT August 20, 2004 Reply   
Beijing Laowen 03:42 GMT August 20, 2004
bkk, thanks for your sharing your points. According to your points, it is still probable to see eur/usd to dip to 1.2310~25 area. How big is the probability? Can Cable's move be so big today? How about Eur/Fbp? thanks in advance and GT.
--------------------------------------------------

You 're welcome Laowen.

Honestly, we probably don't see eur/usd dip to that area today BUT I STILL HOPE it will.

"The key to happiness is having dreams, the key to success is making them come true."

GL.

melbourne farmacia 03:50 GMT August 20, 2004 Reply   
aahhh just back from LA and euro still piping away at last friday's levels i see.... ran some euro figures last week....so take your pick going into year end: over 1.2480 = 1.3203 or under 1.1758 = 1.1311... GT

hk ab 03:48 GMT August 20, 2004 Reply   
I have got some lucky hand with them lately as well as gbp.

Bangkok bkk 03:48 GMT August 20, 2004 Reply   
hk ab 03:41 GMT August 20, 2004
chf strange.....

bkk, will you short chf too?
--------------
No, I didn't. Only LONG GBP/USD since yesterday and probably LONG EUR/USD if I see it dips lower today.

I already got 55pip net profits from the CHF, that 's enough for me this week.

hk mom 03:48 GMT August 20, 2004 Reply   
good my aud exit @.7255.....don't need to cry.

Bangkok bkk 03:44 GMT August 20, 2004 Reply   
hk ab 03:39 GMT August 20, 2004
btw, bkk, did you note the movement of that fast dip under 109? .....
----------------------------------------------------

No, ab. I am sideline from USD/JPY since I lost some money on this pair early this week. (-40 +3 -15 pips JPY)

Beijing Laowen 03:42 GMT August 20, 2004 Reply   
bkk, thanks for your sharing your points. According to your points, it is still probable to see eur/usd to dip to 1.2310~25 area. How big is the probability? Can Cable's move be so big today? How about Eur/Fbp? thanks in advance and GT.

hk ab 03:41 GMT August 20, 2004 Reply   
chf strange.....

bkk, will you short chf too?
that eur/aud was so nice call but I DIDN'T take it...

hk ab 03:39 GMT August 20, 2004 Reply   
btw, bkk, did you note the movement of that fast dip under 109? .....

hk ab 03:39 GMT August 20, 2004 Reply   
bkk// points noted and well taken :)
GT as always.

Melbourne Qindex 03:36 GMT August 20, 2004 Reply   
Miami OMIL (/;-> 03:34 GMT - EUR/USD : The odds are not one sided. We have to wait and see.

wisconsin tim 03:35 GMT August 20, 2004 Reply   
updated ranges for today with directions and prelim test results


Today's ranges

Miami OMIL (/;-> 03:34 GMT August 20, 2004 Reply   
Thank you TarHeel I hope you are well. Qindex we are getting closer and closer to a break out and something has to give one way or the other. When the summer months end and we get the participants back on-line this will be a nice finish for the year (I hope). I will be patient and take it were ever it goes. Long term is bullish for eur/usd mid term is bullish turning bearish if the resistance is not taken out soon but intraday indicators are in O/B levels and suggesting a dip at this time IMHO. Qindex I hope you have a good vacation as well. GL GT

Melbourne Qindex 03:32 GMT August 20, 2004 Reply   
Calabash TarHeel 03:18 GMT - Thank you.

Bangkok bkk 03:28 GMT August 20, 2004 Reply   
hk ab 03:23 GMT August 20, 2004
bkk//what target would you set for the gbp long yesterday? or leave it open till Sept? TIA.
-------------------------------------------------

ab// GBP should break above 1.8465 resistance today and rally to around 1.8550-1.8600 by Monday next week.

I would rather book some profits if I see GBP trade above 1.8500 by the end of this week rather than hold long position across the weekend.

Bangkok bkk 03:23 GMT August 20, 2004 Reply   
IMHO........EUR/USD today:

EUR/USD moved lethargically all these days with
tight spreads achieving only one side of our levels.

But today, we are expecting a major move up to 1.2450/480,
hence we should grab the opportunity to go LONG on dips to 1.2310/325 (if see) , without fail.


As refer to:

Robot trading system for EUR/USD: Very Short-Term View

The euro rallied 200 pips last Friday as the trend of weak data from the US continues. It is expected that EUR/USD will retest 1.2385/400 resistance zone early this week, and then fell to the level of 1.2300/1.2325 support zone to consolidate. Towards MID-WEEK it is expected to become firm to the level of 1.2350 and by WEEK END is expected to RALLY to the level of 1.2450 – 1.2480

Trading Strategy For Aug 20, 2004 :

1) Wait to BUY on dips to 1.2310/325 and cover during rally to 1.2450 , 1.2480 further out.

OR ...2) Wait to SELL on rally to 1.2450/480 (**FOR THE MID-TERM PLAYER) , Target = ''Open"


GL. to all

hk ab 03:23 GMT August 20, 2004 Reply   
bkk//what target would you set for the gbp long yesterday? or leave it open till Sept? TIA.

Calabash TarHeel 03:18 GMT August 20, 2004 Reply   
Dr. Q
By all means enjoy your well earned vacation. You will e sorely missed here during your time off.
Take Care

Spotforex NY 03:15 GMT August 20, 2004 Reply   
noted Q

oil:

below $46 in front month futures wouldstill leave plenty of room for the elevator down!!!!

Melbourne Qindex 03:12 GMT August 20, 2004 Reply   
Spotforex NY 03:09 GMT - Crude Oil : The pattern of my frequency chart suggests that the market can make a strong pullback at any time.

Spotforex NY 03:11 GMT August 20, 2004 Reply   
safe travels Q

Enjoy the vacation!!!!!


spot

Melbourne Qindex 03:10 GMT August 20, 2004 Reply   
Melbourne Qindex 22:33 GMT August 18, 2004
For subscribers : please contact Jay at [email protected] to extend the subscription period due to my absence in the next 6 weeks.

Melbourne Qindex 13:31 GMT August 15, 2004
I am going to Vancouver on Aug 23 and will be back to Melbourne on Sep 25. I will resume my service as soon as I come back to Australia.

Melbourne Qindex 03:09 GMT August 20, 2004 Reply   
houston st 03:07 GMT - Thank you.

Spotforex NY 03:09 GMT August 20, 2004 Reply   
Q

I do not see thos crude rally subsiding just yet...

chart target is $52, but some psych will be in play at $50....

medium term pivot point is at $46 in front month futures.....

Bangkok bkk 03:07 GMT August 20, 2004 Reply   
hk ab 01:47 GMT August 20, 2004
bkk// maybe your friends join next Monday?
---------------------------------

Yes, that's right ab//.
My adorable Big Asian's shark will be back from holiday on Monday. (Time: Last hour trading session for South-East Asia until Early EU trading session.....or 06:30 GMT until 11:30 GMT)

GL.

houston st 03:07 GMT August 20, 2004 Reply   

Q -- before I forget I wanted to wish you a great vacation and safe travels here to the Colonies...thanks for this week's postings too...nice job.

Calabash TarHeel 03:04 GMT August 20, 2004 Reply   
Gep, hope you took the eur/jpy short and kept it.
Good Luck

Melbourne Qindex 03:04 GMT August 20, 2004 Reply   
Miami OMIL (/;-> 02:34 GMT - Good morning! Everything are waiting for the Crude Oil to complete its recent rally.

Spotforex NY 03:03 GMT August 20, 2004 Reply   
Q - I must commend you on your following and effort in this forum. You certainly put a high value on FF.

Thanks for all of your insights.

spot

Calabash TarHeel 03:02 GMT August 20, 2004 Reply   
Miami OMIL
Hey, good to see you again. Enjoy the rest of your vacation.
Take Care!

Melbourne Qindex 03:01 GMT August 20, 2004 Reply   
CA Clouy 02:04 GMT : Contact Spotforex NY for advice. He is registered in the United States of America.

Melbourne Qindex 03:00 GMT August 20, 2004 Reply   
Spotforex NY 01:36 GMT - Next time I will. Cheers!

Miami OMIL (/;-> 02:34 GMT August 20, 2004 Reply   
Good to see the forum does not change all that much with different players the game stays the same LOL. Good work as usual Qindex your kindness will always be rewarded one way or another. I don’t have much to say about eur/usd as the bounce I was expecting finally came but now we face a crucial top here with the bulls trying to push through the resistance. The retracement has held so far and % favor now a drop from here as the pennant closes (1.2370-80 to 2020-30) the month of September promises for a nice trend move we will see about that. Main resistance is still 1.2460 for now and main support 1.1970-80 IMHO. Sorry for not commenting with much details but I am still I on my vacation so everyone GL GT.

Syd EM 02:15 GMT August 20, 2004 Reply   
$25bn deal out of pipeline and into reality
Australia will reap the benefits of the booming Chinese economy with the likely signing of another huge gas export deal with Beijing, worth an estimated $25 billion.

China's dominant gas importer has confirmed that a new loading terminal will be built and then supplied with Australian liquefied natural gas (LNG) to feed the country's almost insatiable energy demands.
SMH

hk ab 02:14 GMT August 20, 2004 Reply   
b747, you have left the forum?

Sydney Alimin 02:10 GMT August 20, 2004 Reply   
CA Clouy 02:04 GMT August 20, 2004

sounds to me like a bad equity and risk management there, put too much on high leverage plus no stop loss, at the beginning with some luck she might get away with it, but in the long run it is a no-no

CA Clouy 02:04 GMT August 20, 2004 Reply   
Spotforex NY 01:34 GMT August 20
NY//She's been in this for 3 months. Both of us used various services at the beginning, then realized no black box system available for earning profits with eyes blind folded. The only difference between us is that i follow strict risk control and trade in mini lot account. But she did earn way more than what I can imagine before this time, almost doubled her equity.

hk ab 01:58 GMT August 20, 2004 Reply   
aud/nzd set to run upside?

hk ab 01:47 GMT August 20, 2004 Reply   
bkk// maybe your friends join next Monday?

Calabash TarHeel 01:38 GMT August 20, 2004 Reply   
hk ab 01:34 GMT August 20, 2004

Thanks ab, hope you've had a good day.

Take Care

Spotforex NY 01:36 GMT August 20, 2004 Reply   
Q - make sure you bill Clouy like a doctor would....perhaps you should see his insurance first!!!!!

hk ab 01:35 GMT August 20, 2004 Reply   
aud/jpy .....

Spotforex NY 01:34 GMT August 20, 2004 Reply   
Clouy

How long has your friend been in Forex?...it seems very risky to put an account at risk on one trade.....underfunded or way over leveraged.


Q is a fine analyst and highly respected member of G-V -

he is known as Dr Q - but he has no certification on record with FX CPR.

Happy hunting

hk ab 01:34 GMT August 20, 2004 Reply   
TarHeel, after p/t on the last long, I have a little reservation on the 2nd visit of 109.
If 109.0x seen again, don't be tempted to long there....

Calabash TarHeel 01:31 GMT August 20, 2004 Reply   
hk ab
Hello ab. Glad to see you posting after your day off. Are you thinking long $/yen around 109.10

Thanks

CA Clouy 01:22 GMT August 20, 2004 Reply   
Dr. Q. I got ur mail this time. Many thanks. We do appreciate ur professional view. My friend will eat the loss and exit. a huge $$$ loss though. :-(

Melbourne Qindex 01:15 GMT August 20, 2004 Reply   
CA Clouy 01:09 GMT - I just sent again.

hk ab 01:14 GMT August 20, 2004 Reply   
Alimin// I didn't open kiwi.
aud short yesterday stopped.

Sydney Alimin 01:12 GMT August 20, 2004 Reply   
ab, how's your kiwi? looking good?

Sydney Alimin 01:09 GMT August 20, 2004 Reply   
Brisbane L 00:58 GMT August 20, 2004

LOL and yes hopefully he doesn't break someone's arm in the parliamental debate

CA Clouy 01:09 GMT August 20, 2004 Reply   
Melbourne Qindex 00:39 GMT August 20
Dr. Q. I haven't received your email yet. May you please send it again? TIA.

Brisbane L 01:07 GMT August 20, 2004 Reply   
Syd Hawke. bob you should know Bob and the women

Sydney Alimin 01:06 GMT August 20, 2004 Reply   
NYC 00:55 GMT August 20, 2004

if that is the case then next week will be very boring coz we only have durable good orders, existing and new home sales, and some initial claim numbers

Brisbane L 01:06 GMT August 20, 2004 Reply   
I dont think in this business can have too much information , you dont have to act on it just be aware and be selective who you believe :-)

Syd Hawke. bob 01:05 GMT August 20, 2004 Reply   
Brisbane L 00:58 GMT August 20, 2004
Drink's good

Regards Bob

hk ab 01:03 GMT August 20, 2004 Reply   
Alimin//once a very good member here said.... too much news will sink trade ideas....

oops, dlr/jpy stopped on trail.

Brisbane L 00:58 GMT August 20, 2004 Reply   
Sydney Alimin talk in the papers of Latham's illness being boozer related in the SMH may if its looked into more prove a problem for him ( Cant have him drunk on the Job)

Gen dk 00:56 GMT August 20, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

NYC 00:55 GMT August 20, 2004 Reply   
Sydney. Durable goods is a volatile indicator and subject to large revisions and is therefore one that rarely moves the market.

Sydney Alimin 00:51 GMT August 20, 2004 Reply   
next week, plenty of data from europe but not so from us, durable good orders could be the key

hk ab 00:45 GMT August 20, 2004 Reply   
dlr/jpy shorts will also be shaken....

hk ab 00:45 GMT August 20, 2004 Reply   
L// maybe... but what I think is increased oil pix will be compensated with a fast drop in demand in US soon.....

Sydney Alimin 00:41 GMT August 20, 2004 Reply   
if today favours the upside, we might see 1.24 handle for euro then

Brisbane L 00:40 GMT August 20, 2004 Reply   
hk ab if oil does hit $50 at close in NY then the Shi.t will hit the fan on Monday for dollar

Melbourne Qindex 00:39 GMT August 20, 2004 Reply   
Crude Oil : The upper barrier is positioning at 50.40 // 51.27


... 42.58* // 43.45 - 44.32* - 45.19 - 46.06* - 46.93 - 47.80* - 48.67 - 49.53* - 50.40 // 51.27* ...

hk ab 00:36 GMT August 20, 2004 Reply   
eur/jpy is the key here.

oil hit 50 soon....

hk ab 00:35 GMT August 20, 2004 Reply   
L// depends on time frame.....
right now I am on gbp north boat.

Brisbane L 00:34 GMT August 20, 2004 Reply   
hk ab good morning, it sounds like your more of a Dollar Bull than the famous Martin from your regular posts

hk ab 00:30 GMT August 20, 2004 Reply   
And jf's reminder note last night is good.

hk ab 00:27 GMT August 20, 2004 Reply   
No more "US-selling-the-fact" data releasing today will mean harder for the spect to crush the Chinese DNT.

hk ab 00:26 GMT August 20, 2004 Reply   
read gold move first.......

NYC PCM 00:21 GMT August 20, 2004 Reply   
Hk ab

Just wondering what your rationale is for shorting Euro here?

Melbourne Qindex 00:11 GMT August 20, 2004 Reply   
Crude Oil : The normal trading range of my 3-month projection profile is 42.58 - 49.53. The market rhythm of this cycle is represented by 1.73. The distribution profile of my probability chart indicates that the market has a tendency to trade between 44.32 - 49.53. As shown in the frequency chart the frequency number between 49.53 and 51.27 is big and this would suggest that it is a good projected resistant level.

... 42.58* // 43.45 - 44.32* - 45.19 - 46.06* - 46.93 - 47.80* - 48.67 - 49.53* - 50.40 - 51.27* ...

hk ab 00:07 GMT August 20, 2004 Reply   
add eur short 1.2365.

hk ab 00:07 GMT August 20, 2004 Reply   
?? don't understand, 10 pips.

Bahrain Within 10 Pips (S/L = 10*Spread) 00:02 GMT August 20, 2004 Reply   
hk ab 00:00 GMT August 20, 2004 //
Thought U were grounded till the end of the week from this forum..
U and I were the choosen ones this week.

Ltn th 00:02 GMT August 20, 2004 Reply   
AB// A certain similarity in the sense of humor.

hk ab 00:00 GMT August 20, 2004 Reply   
Hm... decision making time,take or let?....

hk ab 00:00 GMT August 20, 2004 Reply   
th//would that be Noody? ;)