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Forex Forum Archive for 09/1/2004

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Singapore Sfx 23:56 GMT September 1, 2004 Reply   
whats the "y axis" , dc ? thanks

Geneva DC 23:51 GMT September 1, 2004 Reply   
~50 top currency managers are represented in the Parker Global FX Index.
The graph depicts the performance of the systematic (not discretionary) traders (until 31 July 2004). Discretionary traders did slightly better.

FloridA vv 23:47 GMT September 1, 2004 Reply   
Thanx bro. Will go tomorrow get some plywood to seal windows and glass doors. Charlie passed by. But this one is heading right to my place - Orlando.

Gen dk 23:43 GMT September 1, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Geneva DC 23:42 GMT September 1, 2004 Reply   
syd 23:23 GMT September 1, 2004
Tokyo dealer says EUR/USD likely to try clear break above 1.2200 in Asia, as sentiment modestly bullish on pair

Whose sentiment? The public's? The dealer's?
This assumes market follows sentiment. Contrarians know otherwise...

Dallas GEP 23:33 GMT September 1, 2004 Reply   
http://www.cnn.com/2004/WEATHER/09/01/frances.florida.ap/index.html

Dallas GEP 23:32 GMT September 1, 2004 Reply   
Huhttp://www.cnn.com/2004/WEATHER/09/01/frances.florida.ap/index.html

Hurricane Francis could be the worst in HISTORY (comparable to HUGO) moving at 15 MPH moving towrds Bahamas and the Florida.

We have several here that post here from Florida. Keep SAFE

syd 23:23 GMT September 1, 2004 Reply   
Tokyo dealer says EUR/USD likely to try clear break above 1.2200 in Asia, as sentiment modestly bullish on pair,

syd 23:21 GMT September 1, 2004 Reply   
Australian Financial Review senior columnist RBA watcher Alan Mitchell says rebalancing of economic growth drivers required and it may be assisted by hike. Says RBA would justify move by pointing to strong credit growth, increased inflation risks and capacity constraints.

Dallas GEP 23:16 GMT September 1, 2004 Reply   
FXNEW, well as far as usd/jpy goes, I think we have fairly tight range form 108.90 to 109.65

Dallas GEP 23:11 GMT September 1, 2004 Reply   
Chippe Eur/gbp target is .6759.

san fan 22:49 GMT September 1, 2004 Reply   
does anyone know why meta trader isnt working

LA fxnew 22:46 GMT September 1, 2004 Reply   
hi gep :
what is your view on usd/jpy?
Thanks

Wien GD 22:42 GMT September 1, 2004 Reply   
DanieL: I consider them! Not more and not less.
Yes - I'm profitable - BUT because of seveal reasons.

My message was: Be cautious in sept with usd longs.
Last post regarding this topic.
gl, gt

Budapest Daniel 22:31 GMT September 1, 2004 Reply   
So if you follow his directions then you must be rich by now...

Wien GD 22:30 GMT September 1, 2004 Reply   
tim: search the web, visit his site, study his life, check him for a while ... that's the only way to decide for yourself.
FOR ME it was/is worth the time.

Budapest Daniel 22:25 GMT September 1, 2004 Reply   
Whose predictions are you talking about? I'll go for it.. :))

Wien GD 22:21 GMT September 1, 2004 Reply   
Wash DC: Agree 100% ... that's why I wrote:
Believe it or not ... I consider it!
Not more and not less.

I (no astro freak - but I don't close eyes infront of aspects I don't understand) follow his predictions since about a year ... would say 70-80% right - 20-30 false, within the last weeks amazingly almost 100% right ... on very different aspects (currencies, commodities, world affairs, etc.) ... very strange.
Quite the opposite of greenspam.

sar jf 22:18 GMT September 1, 2004 Reply   
jk - nice point on short memory earlier

Bahrain Within 10 Pips (S/L = 10*Spread) 22:05 GMT September 1, 2004 Reply   
My System Just sold Eur/Aus

WASH DC SRQ 21:52 GMT September 1, 2004 Reply   
"There are many ways of finding what astrologers like mahendra do-no offence made, as anceint vedias are basically a science and ther are many methods like EW, Gann and fibo whichare actutely related to somewhat ancient vedic mathematics."

I read this too somewhere, so let's include our own analysis instead of just lidnly following a Mr. gold-moves-with-my-thoughts.

wisconsin tim 21:46 GMT September 1, 2004 Reply   
not trying to argue but could you give other people who follow his predictions that don't have a vested interest in 13000 gold

Wien GD 21:41 GMT September 1, 2004 Reply   
"The difference between a millionaire and a billionaire is the quality of their astrologer. Any major market trader that fails to know what Mahendra feels about market, simply falters."......
James Sinclair, Chairman of Tan Range Exploration

wisconsin tim 21:24 GMT September 1, 2004 Reply   
"and I suddenly told him that I think I have a unique relationship with gold and that a time will soon come when I will be predicting on gold and Gold would move with my thoughts accordingly."

Wien GD 21:02 GMT September 1, 2004 Reply   
Nevada Sid ... take a look at your trading journal ... probably you will see significant differences (positiv or negative or in your trading size).

Wien GD 20:56 GMT September 1, 2004 Reply   
Snippet from mahendras site ...
I would like to once more draw your attention to 4 September. I have talked of this date for long and the waiting is nearly over as the day will finally dawn during this week. The day however falls on a Saturday, during which the world financial market will be closed. I have been predicting for years that metals will strongly rise from September 4, 2004. Once again, I am happy to announce and confirm in this newsletter that yes, metals will start rising very strongly from 4 September. The dream of those who have been waiting for a rally for years will soon be fulfilled.
----
He's a famous astrologer ... and is indeed very often right ... btw he's also advising fund-managers. He also "predicted" that last rising of gold and silver and the sharp retracement of oil last week ... etc.
--> Therefore would be very cautious to be long usd after friday.
Believe it or not ... I consider it!

Wien GD 20:50 GMT September 1, 2004 Reply   
snippet from IFR: .... The market remains loaded for bear as far as the dollar is concerned. Economists are forecasting a 150K gain in payrolls, but traders as a group are much more pessimistic after a series of weaker than expected reports. Risk would appear to be stacked to the downside for EUR/USD at present owing to the pervasive bearish bias toward the dollar. No doubt the EUR will rally some on a weak employment report, but it will dive on a strong report.
---
+ fear of pre-election-event
--->
Gold is rising, USD is weakening.
DYOD, gl, gt

WASH DC SRQ 20:49 GMT September 1, 2004 Reply   
Can anyone help me find out what was the exact date when Brirish Pound Sterling(GBP/USD) was officially opened/founded in the FX market? Where i can find this info please?

Help appreciated. Anyone??

Nevada Sid 20:37 GMT September 1, 2004 Reply   
Full moon and full of it? Hmmmm

Wien GD 20:32 GMT September 1, 2004 Reply   
GEP: my impression is: the market (currencies against USD) is expecting lower USD ... investors are seeking save heaven investments like gold, silver, oil, energy ... and NOT USD. This started about two weaks ago ... and I expect it to continue for at least until 9/10 and maybe even up to elections.
I use this main trend for my possies ... together with wide stops this works fine.
If I would trade reversals I would only trade those heading towards a weaker USD. For example: in the moment never USD/JPY long ... but several USD/JPY shorts ... if "the" reversal turns out to be no reversal I let the possy run ... and wait for the next one ... +/- 60 pips away.
I also noticed that trading around full moon is more difficult ... too much (confusing) emotions => wishes ==> are bad for trading!

TO SJ 20:29 GMT September 1, 2004 Reply   
Any comments on ECB Governing Council meeting tommorrow?

1145 Germany ECB interest rate decision

TIA

WASH DC SRQ 20:27 GMT September 1, 2004 Reply   
Can anyone help me find out what was the exact date when Brirish Pound Sterling(GBP/USD) was officially opened/founded in the FX market? or where i can find this info please?

Help really appreciated.

WASH DC SRQ 20:27 GMT September 1, 2004 Reply   
Can anyone help me find out what was the exact date when Brirish Pound Sterling(GBP/USD) was officially opened/founded in the FX market? or where i can find this info please?

Help really appreciated.

London chippie 20:09 GMT September 1, 2004 Reply   
dallas gep --- if i may ask :) -- whats your target for your short eur/gbp? TIA

Dallas GEP 19:38 GMT September 1, 2004 Reply   
GD, As you know I trade reversals alot but I think the problem is now shorter term charts are NOT working as well as they used to even a couple of weeks ago. Safer to use 2 and 4 hour charts to confirm 30 minute and 1 hour charts. So the entry at the time SHOULD have been 109.45 and I took it too early @ 109.30 so that was a tactical error as well on my part. My possie sizes have about half of what I normally do because the market now is requiring larger stops IMO. As i mentioned earlier also, the last 4 or 5 possies I have taken WOULD have made more money going the other way so needless to say my timing has been off lately.

Bucharest Razvan 19:31 GMT September 1, 2004 Reply   
Still keeping the 1.2150 longs from yesterday. Stop raised to 1.2100 (although I should know better than placing my stops at big figures). My humble view is unchanged.. I'll be moooing the EUR to 1.23 and beyond, market permitting..

Speaking of quotes, I'd like to share with the newer members my all time favourite EW analysis.. too long to quote, look it up in the archives..

UAE Oil man 11:27 GMT August 29, 2003

GEP, take care of those possies man! ;) I'm not worried though.. you'll be back in Zen trading in no time! :) A wise friend once told me:

Dallas GEP 15:58 GMT November 14, 2003
Helll with that breaking even, RAZVAN. Go for the throat man!!!!

Calabash TarHeel 19:18 GMT September 1, 2004 Reply   
QC Swap 19:01 GMT September 1, 2004
I'm waiting to go long Usd/Cad at better levels

Imho: If 1.3030/50 goes, 1.2950/70 next stop. I'm long from 1.3056. Time will tell.

gl,gt

Bahrain Within 10 Pips (S/L = 10*Spread) 19:15 GMT September 1, 2004 Reply   
Cable Lowest Point early monday
Mon-Sep-06 04:30 AM 1.8070 1.7791
Mon-Sep-06 04:35 AM 1.8071 1.7791
Mon-Sep-06 04:40 AM 1.8071 1.7791

Chicago Irish 19:13 GMT September 1, 2004 Reply   
And I'll admit to having experience ! :-) Stay safe out there.

houston st 19:11 GMT September 1, 2004 Reply   

IRISH - here's one that pops up frequently in advisory emails: "If you don't risk anything you risk even more." - Erica Jong....gl/gt.

Bahrain Within 10 Pips (S/L = 10*Spread) 19:08 GMT September 1, 2004 Reply   
Might see cable at 1.8110 for
thursday high

Chicago Irish 19:07 GMT September 1, 2004 Reply   
A well known house sends out their analysis letters daily with a heading of famous quotations.Some samples:
"The only shame is to have none".-Pascal
"Man is the only animal that blushes,or needs to".-Mark Twain
"Experience is the name everyone gives to their mistakes".-Oscar Wilde
"Truth exists,only falsehoods have to be invented".-Georges Barque
"Common sense is not so common".-Voltaire

And to think FX market was cash and carry basis when they wrote these lines! :-)

Wien GD 19:05 GMT September 1, 2004 Reply   
GEP: I wonder, why you take losses in usd/jpy ... I had and have several short positions open since we were at about 110.4 ... maybe you remember (2 oder 3 weeks ago): asked you whether to short usd/jpy now ... since that time usd/jpy is going down. I didn't take a single loss. And imho it will continue to go down ... if not I will be happy to load up new shorts ... at about every 60 pips a new position. Depends on the move/momentum etc.
Just wondering ... and you know --> I'm a fan of you!

SanFrancisco tg 19:01 GMT September 1, 2004 Reply   
Well today was a little choppy eh GEP? You could look at it as being a bit late too, just depends on how you dice it, or get diced. The frequent lack of conviction in august been a challenge and has caused me to take a day off here and there.

QC Swap 19:01 GMT September 1, 2004 Reply   
I'm waiting to go long Usd/Cad at better levels.

Gold Coast martin 19:00 GMT September 1, 2004 Reply   
If 12192 as i posted before holds into the asian session, the european session will cut the euro back to size(lots of euro data tomorrow) back to 12080-90 ...thats as far as you can plan in this market.....g/t

Dallas GEP 18:53 GMT September 1, 2004 Reply   
YEP, that sounds like a good plan TG. I am short from 109.30 but I knew at the time it was probably a little early (no sh*T!!!!). LOL As far as Euro going LONGER, quite frankly I am not sure, I think the bias is still short but I believe it will range trade from 1.2140 to 1.2220

QC Swap 18:47 GMT September 1, 2004 Reply   
I'm hoping Eur/Usd goes higher so I can short it.

romania 18:45 GMT September 1, 2004 Reply   
lisbon/budapest:i feel more comfortable hearing that another beginners like me had a bad day.which is your time frame in which you ride aposition?

SanFrancisco tg 18:42 GMT September 1, 2004 Reply   
Just an idea .. play 109.50 for $yen into asia. If it clears and sticks enough to satisfy you buy, opposite for short.

Budapest Daniel 18:41 GMT September 1, 2004 Reply   
Dallas do you think the EUR/USD could go higher today? :)

Budapest Daniel 18:38 GMT September 1, 2004 Reply   
Simply trying to ride with the waves, sometimes with luck, sometimes with some misfortune. I tend to believe that without proper real time news there is no room for me on the fx market.

Dallas GEP 18:35 GMT September 1, 2004 Reply   
Lisbon, plenty of mistakes made today I assure you. Mine was usd/jpy short but it is recoverable. Made mention of the fact that lately trading environment requires SMALLER lot sizes and wider stops.

Lisbon eueu 18:31 GMT September 1, 2004 Reply   
Budapest What technique u use in trading fx?

Lisbon eueu 18:30 GMT September 1, 2004 Reply   
PROs has collect their money early and go to their home...

Lisbon eueu 18:30 GMT September 1, 2004 Reply   
just like me??

Budapest Daniel 18:27 GMT September 1, 2004 Reply   
I've closed all of my losing positions earlier. Btw. don't count on me buddy, I'm a very beginner.

Lisbon eueu 18:25 GMT September 1, 2004 Reply   
budapest ...at last I found someone made the fault in this ugly day......do u cut ur loss budapest or wait few hours?share with me what we can do am little confused?

Budapest Daniel 18:20 GMT September 1, 2004 Reply   
the same here hehehe :(

Lisbon eueu 18:14 GMT September 1, 2004 Reply   
Thanks
sure I have put s/l
but the problem is that I put many lots for few pips limit and consoderable money...I think today is the funeral day for me..hehehhe

GER ad 18:10 GMT September 1, 2004 Reply   
Lisbon eueu 17:59,
With the Cable so weak, EUR/USD could be by GBP dragged down. If you bought EUR/USD in this spike over 1.22 make sure that you have a S/L for your position. GL.

ICT ML 18:03 GMT September 1, 2004 Reply   
SanFrancisco tg 17:51 GMT September 1, 2004

what makes you think they will ASK for permission?......that requirement is only for those Imperialistic Americans ..LOL


Market is pretty whippy today. Sold gbp-usd last night at 1.8015 but only had a TP at 1.7940. Missed the rest. $YEN short closed out on trailing stop finally at 109.20 earlier. The $CAD shorts got closed at 1.3145, and I didn't get to sell above 1.3200 on that spike. Missed a killer move there.

Miami OMIL (/;-> 18:01 GMT September 1, 2004 Reply   
SanFrancisco tg 17:51 GMT September 1, 2004
Interesting development I hope the kids are not hurt. We will see how they react to all of this. Looks like terror is hitting Russia a bit often these days not to long a go it was the airplanes hijacked. Keep us posted if you can about it. Thank you for your comments. GT

Lisbon eueu 17:59 GMT September 1, 2004 Reply   
oh gold coast ..it was just a reaction to that event..but do u think it will go up>eur/usd

wisconsin tim 17:59 GMT September 1, 2004 Reply   
Gold Coast martin 17:55 GMT September 1, 2004


he might as well short $/CHF as well beforehand

Livingston nh 17:56 GMT September 1, 2004 Reply   
Cable at risk as it may break Monday's low - there is no support until 1.7780 // as Oil Man pointed out there is potential to drag EUR along for the ride

Gold Coast martin 17:55 GMT September 1, 2004 Reply   
Lisbon eueu 17:52 GMT September 1, 2004
Go get some pepper spray and go to NEW YORK and walk into madison square garden with it .....dont forget to long euro before you do that.....!

Lisbon eueu 17:52 GMT September 1, 2004 Reply   
why the market is stopped moving?I have just go long on EUR/USD?..as if all has gone away

SanFrancisco tg 17:51 GMT September 1, 2004 Reply   
The one current terror issue I'm actually keeping a very close eye on is the Russian school takeover. This has the potential to generate a considerable military action, perhaps far reaching, should a horrible tragedy occur. The one thing I would like to see out of it though is the US "returning the favor" by voting no at the UN security council meeting when Russia looks for cooperation.

Rio 17:42 GMT September 1, 2004 Reply   
Yes, I know, but that notice, until confirmed, should move the market at least a little, and it just did the contrary!

wisconsin tim 17:41 GMT September 1, 2004 Reply   
Rio 17:35 GMT September 1, 2004

i guess just pepper spray

Rio 17:35 GMT September 1, 2004 Reply   
Eur & Gbp should go up with the W DC news...but they are going to nowhere....rare day

Miami OMIL (/;-> 17:33 GMT September 1, 2004 Reply   
Livingston nh 17:20 GMT September 1, 2004
Well that goes to show you how jumpy the market is when it comes to the $. I bet there are a few sick traders right now as some of the stops were around this area 1.2200-10. FWIW I have longs that will initiate over 2200 area too soon. Next resistance is 2225-35 but I have a feeling this will just settle back and wait for tomorrow. I see some support at around 1.2150-60 and 2130-40 for now IMHO. GL GT

van revdax 17:32 GMT September 1, 2004 Reply   
IMO...US$ has bottomed out for today.

Kuwait City SD 17:31 GMT September 1, 2004 Reply   
EURO about to hit 1.2225 >> *v*
~

NYC PCM 17:28 GMT September 1, 2004 Reply   
EUR/USD

This euro behviour today has got me really confused!!!!

Boca Raton 17:24 GMT September 1, 2004 Reply   
It is probably some Yankee fans.

NYC JMB 17:22 GMT September 1, 2004 Reply   
CNBC reporting its a prank regarding pepper spray

GER ad 17:22 GMT September 1, 2004 Reply   
GEP,
It was a month ago:

Dallas GEP 16:47 GMT August 2, 2004
Shorted earlier GBP/CHF @ 1.3338

Dallas GEP 18:07 GMT August 2, 2004
OK shorted GBP/CAD @ 2.4333.

Could be nice to have this position today especially because was more or less the top of the range.

NYC JMB 17:21 GMT September 1, 2004 Reply   
13:11 Dozens Sickened In Downtown Washington DC Office Building

The Associated Press reports that officials say several dozen people have been sickened in a downtown office building. Washington, D.C., Fire and EMS spokesman Alan Etter said the incident is being treated as what he calls a "mass casualty" incident. Ambulances are lining up in the area around 1990 "I" Street, Northwest, and a triage area is being set up at nearby Murrow Park. There's no immediate word on what the problem is.

Briefing .com

Eilat Dolphin 17:20 GMT September 1, 2004 Reply   
Anyone got the AP breaking News ?

Livingston nh 17:20 GMT September 1, 2004 Reply   
OMIL - noxious fumes in DC building? nothin' new about that -lobbyists, congressmen and more lwayers per square foot than anywhere on earth

Chicago goofy 17:18 GMT September 1, 2004 Reply   
1.2245
........>>>___<<<.........

Miami OMIL (/;-> 17:17 GMT September 1, 2004 Reply   
To many things going against the $ at this moment the $ weakness you are looking at is that reports of workers in a DC office building have been sickened and the incident is being treated as a mass casualty. This is reminiscent of the 2001 anthrax attacks (IFR). GL GT

Chicago Goofy 17:17 GMT September 1, 2004 Reply   
Alright, First trade this month. Gud luck to all!!!

Sell Eur @ 1.1245

Dallas MD 17:16 GMT September 1, 2004 Reply   
Out EUR/USD @ 1.2212 done for the day see u all tomorrow.

Boca Raton 17:14 GMT September 1, 2004 Reply   
Maybe this is a good time to TRIPLE UP on possies!!!!!!

Dallas MD 17:14 GMT September 1, 2004 Reply   
1.2229

Msc Eqwis 17:13 GMT September 1, 2004 Reply   
/Dallas MD 17:02
What is your target, pls?

Dallas MD 17:10 GMT September 1, 2004 Reply   
BOOM!!

wisconsin tim 17:09 GMT September 1, 2004 Reply   
i think you have your answer =)

Budapest Daniel 17:05 GMT September 1, 2004 Reply   
Dallas MD 17:02 GMT September 1, 2004

Do you mean it'll go higher this time then go back to a lower level?

Dallas MD 17:02 GMT September 1, 2004 Reply   
I do. It will test 1.2199 again & break through to 1.2225-35.

Budapest Daniel 16:54 GMT September 1, 2004
Do you guys expect the same movement that happenned about a few hours ago on EUR/USD if it reaches 1.2199 again?

Bahrain Within 10 Pips (S/L = 10*Spread) 16:56 GMT September 1, 2004 Reply   
Guys done some research..OK!
Eur Has a High at
Wed-Sep-01 09:55 PM 1.2253 1.2165 1.2229 1.2189
Wed-Sep-01 10:00 PM 1.2253 1.2165 1.2229 1.2189
Wed-Sep-01 10:05 PM 1.2253 1.2166 1.2229 1.2189
Wed-Sep-01 10:10 PM 1.2253 1.2166 1.2229 1.2189
Wed-Sep-01 10:15 PM 1.2253 1.2166 1.2229 1.2189

and a Low at

Fri-Sep-03 09:45 PM 1.2032 1.1929 1.2000 1.1961
Fri-Sep-03 09:50 PM 1.2032 1.1929 1.2000 1.1961
Fri-Sep-03 09:55 PM 1.2032 1.1929 1.2000 1.1961
Fri-Sep-03 10:00 PM 1.2033 1.1929 1.2001 1.1961
Fri-Sep-03 10:05 PM 1.2033 1.1929 1.2001 1.1962

Budapest Daniel 16:54 GMT September 1, 2004 Reply   
Do you guys expect the same movement that happenned about a few hours ago on EUR/USD if it reaches 1.2199 again?

GER ad 16:54 GMT September 1, 2004 Reply   
EUR/CHF,
out at 1.5367

Dallas MD 16:40 GMT September 1, 2004 Reply   
Holding EUR/USD longs for test of daily high (1.2199).

KL KL 16:40 GMT September 1, 2004 Reply   
Looks like eur going to range 1.22-1.2150 until nfm....good to buy and sell at the extreme until nfp. gbpusd looks more likely to drop lower .... not sure why....looking to long it but charts telling me to sell it....at this low level...very confuse. so set limit short eur jpy at 1.3390 - and goin to sleep in 1 hr.

Boca Raton 16:40 GMT September 1, 2004 Reply   
Great time to average!

Dallas GEP 16:38 GMT September 1, 2004 Reply   
Still holding eur/gbp shorts, usd/jpy shorts (getting beat up a little here LOL!!!).

nyc jk 16:14 GMT September 1, 2004 Reply   
thanks farmacia, have a good one.

melbourne farmacia 16:13 GMT September 1, 2004 Reply   
nyc jk - covered gbp... looking to buy @ 1.7830.. maybe thursday... Good nite.

Gold Coast martin 16:11 GMT September 1, 2004 Reply   
nyc jk 16:05 GMT September 1, 2004
he!he!....bulls run and hit a brick wall in one direction..Bears retreat into the woods ,re-form and choose their direction before charging.....cheers

QC Swap 16:07 GMT September 1, 2004 Reply   
long USD/CHF

nyc jk 16:05 GMT September 1, 2004 Reply   
cheers Martin, make sure you keep the bulls from breaking down the fence and stampeding us lol.

Gold Coast martin 16:03 GMT September 1, 2004 Reply   
nyc jk 15:59 GMT September 1, 2004
Good to see you on the same side of the fence with euro in this instance.......g/t

nyc jk 15:59 GMT September 1, 2004 Reply   
sure farmacia.......you have anything going at the moment? short some EUR at the moment, think the levels Oil Man has mentioned make a lot of sense.

melbourne farmacia 15:52 GMT September 1, 2004 Reply   
nyc jk - cheers

London 15:50 GMT September 1, 2004 Reply   
US August Retail Sales Seen Shaky Retail sales abruptly slowed in mid-June, failing to regain momentum in July. August sales due to be reported by most big chains on Thursday expected down due to high gasoline prices, weak job market and fiscal stimulus running out of steam .

UAE Oil man 15:48 GMT September 1, 2004 Reply   
GBP/$ retracing again most of the gains , time for a pullback in euro?
Watch 1.2222 and 1.2105 for the next conclusive move.


UAE Oil man 15:17 GMT August 17, 2004
Gbp/$ retraced most of the gains from the friday trade.
Last week the same configuration happened with euro following a bit later..
I guess watching 1.2270 on euro$ should be conclusive.

nyc jk 15:41 GMT September 1, 2004 Reply   
famacia - couple folks telling me of some starting around .6815 ish the May highs, don't think they are huge though.

melbourne farmacia 15:34 GMT September 1, 2004 Reply   
nyc jk - any reported big stops above 6800 eur/gbp u know of ?

London 15:29 GMT September 1, 2004 Reply   
Oil could push Euro to target 122.30

hk ab 15:28 GMT September 1, 2004 Reply   
So good some jealous "folks"....

Boca Raton 15:28 GMT September 1, 2004 Reply   
We know who they are.

nyc jk 15:26 GMT September 1, 2004 Reply   
don't worry Bahrain, some folks here post only their winning trades and losers just magically disappear....cable long 1.82 anybody?

hk ab 15:26 GMT September 1, 2004 Reply   
Just found that you are pretty *good* at gbp/chf....

Bahrain Within 10 Pips (S/L = 10*Spread) 09:22 GMT September 1, 2004
Buying more GBP/CHF if breaks it lows

Bahrain Within 10 Pips (S/L = 10*Spread) 07:11 GMT September 1, 2004
GBP/chf might be good buy at 1.27 to 1.2650

hk ab 15:22 GMT September 1, 2004 Reply   
including your long dlrchf 1.2660 last night, pips...LOL...
and tonnes of trades from last night till this moment ROFL.

enough. screen off to prepare the dlr/cad longs. but won't like to share the strategy anymore here with this early bird.

Goes (NL) B747 15:16 GMT September 1, 2004 Reply   
Sydney Alimin 15:11 GMT September 1, 2004

I guess you remember the O & OO works :-)
looks markets swallow today’s data with no reaction (only looks like!); and markets will calculate today's data together with tomorrow's and Friday's data...a total and real movement.

this week's (rest of it) market movements will get into the history books as the 'classic reversal' appetizer move; means that prices will change 600-800 pips during the next 3 months.

gt

Bahrain Within 10 Pips (S/L = 10*Spread) 15:15 GMT September 1, 2004 Reply   
hk ab 15:13 GMT September 1, 2004 //
Just kidding...But U knew that it was U?
Many Stray cats here...and many from HK...LOL
Cheers Man!!

hk ab 15:13 GMT September 1, 2004 Reply   
Bahrain Within 10 Pips (S/L = 10*Spread) 15:08 GMT September 1, 2004

bc's mentioned "whatever incentive"?....

found that good trades mean staying in gvi < 1hr everyday.

Ldn 15:11 GMT September 1, 2004 Reply   
Iran Close To Resuming Uranium Enrichment - Diplomats
VIENNA (AP)--Iran has announced it plans to turn tons of uranium into the substance used to make enriched uranium, the U.N. atomic watchdog agency said Wednesday in a report stoking concern about Tehran's nuclear agenda. A senior diplomat familiar with the agency declined to say how much hexafluoride could be obtained from that amount of raw uranium, also known as yellowcake, beyond saying it was a "substantial amount."

Now this is a big worry for Israel and USA.

Sydney Alimin 15:11 GMT September 1, 2004 Reply   
Goes (NL) B747 15:06 GMT September 1, 2004

yeah i'll make it simple above 1.2170 that's possible, judging by market's reaction too, any bad us data will be exploited heavily

Bahrain Within 10 Pips (S/L = 10*Spread) 15:08 GMT September 1, 2004 Reply   
Yes...The Stray Cat...my favirout...the unbeatable..the Super Cat...HK...

Goes (NL) B747 15:06 GMT September 1, 2004 Reply   
Sydney Alimin 15:02 GMT September 1, 2004

this time, you are the one to call :-)
does market movements show other?

gt

London 15:02 GMT September 1, 2004 Reply   
Edging up again after short- term flush out

Sydney Alimin 15:02 GMT September 1, 2004 Reply   
B747, what do you think? are we gonna see euro 1.23xx after friday's NFP?

Bahrain Within 10 Pips (S/L = 10*Spread) 15:02 GMT September 1, 2004 Reply   
After the Super Glue Period...in this lovely forum...
We start the Stray Cats Period...12:00 to 4:00 PM NY

Goes (NL) B747 14:58 GMT September 1, 2004 Reply   
Ldn 14:57 GMT September 1, 2004

chart it, very normal move !!!

gt

Ldn 14:57 GMT September 1, 2004 Reply   
Crude oil futures jumped more than $1 to top $43.00 a barrel on Wednesday after data showed a steep decline in inventories. The Energy Information Administration reported that U.S. commercial inventories of crude oil declined by a larger-than-expected 4.2 million barrels to 287.1 million bbls in the week ended Aug. 27. The decline came amid a drop in imports, the EIA, the Department of Energy's statistics arm, said in its weekly report.
reuters.

Goes (NL) B747 14:43 GMT September 1, 2004 Reply   
hk ab 14:39 GMT September 1, 2004


rule #1 and the only I know in raising sun trading:
lose, and than lose more; this is the only way/manner to enjoy the profit that comes later :-)

it is all about control, 'Jippie executive' knows what market wants better than anyone but he must be the one to decide when he will supply the market the thing it wants !!!

clear ???

:-) gt

GER ad 14:42 GMT September 1, 2004 Reply   
Long EUR/CHF at 1.5362

Bahrain Within 10 Pips (S/L = 10*Spread) 14:41 GMT September 1, 2004 Reply   
Cable might recover or stop at 7850
Good Buy 1.7750 area

hk ab 14:39 GMT September 1, 2004 Reply   
747//loaded up a lot of eur/jpy shorts already around 133.33 onwards.
and some dlr/jpy shorts 109.50 after data.

I don't why only a few of us knows the mentality of Japanese trading style.... pity.

Sydney Alimin 14:37 GMT September 1, 2004 Reply   
LOL, now what? we are almost back to where we were
market is toying us...oh well...friday is the decider

Bahrain Within 10 Pips (S/L = 10*Spread) 14:37 GMT September 1, 2004 Reply   
gbp/yen 195.2 ~~

Gold Coast martin 14:36 GMT September 1, 2004 Reply   
Dallas GEP 14:31 GMT September 1, 2004
highly unlikely the euro will move past 12192 tonite after the data release...so logically if you must trade that leaves you no other option but to short USD..G/T

Dallas MD 14:36 GMT September 1, 2004 Reply   
Hysteria EUR/USD selling is over. I think it will test the daily high of 1.2199 again.

Chicago YM 14:34 GMT September 1, 2004 Reply   
morning all

Dallas GEP 14:34 GMT September 1, 2004 Reply   
OIL prices just jumped 68 cents a barrell

Boca Raton 14:32 GMT September 1, 2004 Reply   
$5,000 question, where are your audited returns?

Dallas GEP 14:31 GMT September 1, 2004 Reply   
OK, million dollar question would be will the USD rally up be used as an opportunity to SELL dollars again??? I quite frankly DON'T know.

FloridA vv 14:30 GMT September 1, 2004 Reply   
9/2/2004 10:00:00 AM US Jul Factory Orders 0.8% 0.7%
9/2/2004 8:30:00 AM US Weekly Jobless Claims 335K 343K


Hk ab thats for You.
Thanx for being not aggressive and too critical to me.

Roumeli anka 14:30 GMT September 1, 2004 Reply   
wonder if Quindex's # still in play : 1.1988-1.2067-1.2146-1.2225-1.2304-1.2382.

Lisbon eueu 14:30 GMT September 1, 2004 Reply   
ohhhhhhh what I have earned yesterday returned today and more?forex market is a beast.........hahahahah

Goes (NL) B747 14:29 GMT September 1, 2004 Reply   
hk ab 14:24 GMT September 1, 2004

still enjoy GBP/JPY & USD/JPY shorts???...the real JPY run will start within hours...you can collect some very nice pipos.

imo & gt

Goes (NL) B747 14:27 GMT September 1, 2004 Reply   
hk ab 14:24 GMT September 1, 2004

sorry, I do not follow EUR/GBP...in general, I mentioned few times that the Queen is dead...right?

gt

london 14:27 GMT September 1, 2004 Reply   
martin the arch kiwi bear is back...those shorts must be hurting a touch..

10,pct drop in 2 months>>???.....good luck mate.

hk ab 14:24 GMT September 1, 2004 Reply   
747// A good play seem to me is short eur/gbp at curr. level.

vv// what surprise do you want to bring to us?

flooded flooded....

and we haven't seen that hk mom long @.7220 today yet..

Bris TW 14:24 GMT September 1, 2004 Reply   
should read 1.2099 and below range

Bris TW 14:23 GMT September 1, 2004 Reply   
The ISM results, while worse then median forecasts, was still
in line with market "whisper" numbers, fostering a buy back of the USD.

1.2145 is trying to hold up. If it falls 1.2000 will be seen within 1 hour.

Gold Coast martin 14:22 GMT September 1, 2004 Reply   
PERSONALLY I HAVE SEVERAL nzd shorts from a while ago and their maturity date will be when nzd 59...timeframe 12th november....g/t

Pecs Andras 14:22 GMT September 1, 2004 Reply   
Martin
Thanks a lot

Gold Coast martin 14:21 GMT September 1, 2004 Reply   
....limit 6515 if you trading just for today or a limit of 6461 if you are trading before NFP DATA release friday.....

Goes (NL) B747 14:20 GMT September 1, 2004 Reply   
NYC PCM 14:17 GMT September 1, 2004

yes, as there are more than 60 days to go.
when there are 60 days left, US number that will come out from 06/SEP/2004 until election day will give the feeling that US economy is equal to the "gold rush".

imo & gt

Gold Coast martin 14:19 GMT September 1, 2004 Reply   
Pecs Andras 14:15 GMT September 1, 2004
SUGGEST STOP AT 6594

NYC PCM 14:17 GMT September 1, 2004 Reply   
Just a thought.

do any of us really believe that the administration is going to allow bad employment figures on the last day of their convention?

Van jv 14:17 GMT September 1, 2004 Reply   
ISM---which component moving USD up?

Bahrain Within 10 Pips (S/L = 10*Spread) 14:17 GMT September 1, 2004 Reply   
NYC
U are a very clever man!!
I think U might be an engineer...ect

Pecs Andras 14:15 GMT September 1, 2004 Reply   
Gold Coast martin 14:11 GMT September 1, 2004
Martin
I have an ndz short from 6570
What do you suggest stop and limitwise? TIA

FloridA vv 14:14 GMT September 1, 2004 Reply   
Comon people make money load longs $$$$$$$$$ Tomorrow will be a surprise, A BIG one
I feel it.
GT

Goes (NL) B747 14:14 GMT September 1, 2004 Reply   
stops cleaning levels:

EUR/USD 1.2140/50
USD/JPY 109.45/65

GER ad 14:14 GMT September 1, 2004 Reply   
GBP/CHF,
out at 2.2675

Rio 14:13 GMT September 1, 2004 Reply   
Goes NL... can you explain? Do you see the gbp & eur go up in the next hours? why?

Goes (NL) B747 14:12 GMT September 1, 2004 Reply   
Alimin,

imo, looks like EUR/USD sets the gruond for 1.2350++ on friday for the reversal.

do you see that the same ???

gt

Bahrain Within 10 Pips (S/L = 10*Spread) 14:12 GMT September 1, 2004 Reply   
I might not offer my Super Glue Levels anymore..

Gold Coast martin 14:11 GMT September 1, 2004 Reply   
Jockeys are still positioning themselves for friday and as a result the market will seize and react to any data release..so expect this data release to go a bit further pipwise to the downside than usually.....g/t

Goes (NL) B747 14:10 GMT September 1, 2004 Reply   
looks FX markets are cleaning stops...many will cry the coming four hous and few will smile and giggle later.

gt

Bahrain Within 10 Pips (S/L = 10*Spread) 14:10 GMT September 1, 2004 Reply   
No One here believes me..(Resp Dallas ,Ger and NYC)...
when the Euro gets to 1.1950...I get more "s"...that same thing in every chat room

NYC PCM 14:09 GMT September 1, 2004 Reply   
EUR/USD

cool - top in as expected. Next wave down begun and I suspect it's a wave 3, so should be hard down.

Livingston nh 14:08 GMT September 1, 2004 Reply   
Pecs - prices paid reversed last month's decline in ISM back to 81.5 - interest rate implications even for a myopic Fed chairman

Eilat Dolphin 14:08 GMT September 1, 2004 Reply   
The employment level of the ISM section is rather resistant %wise. Do I sense right that the market is mainly moving on it???

Miami OMIL (/;-> 14:07 GMT September 1, 2004 Reply   
Nothing will be decided today this is only a warm up for tomorrow IMHO. GL GT

Antwerp Tom 14:07 GMT September 1, 2004 Reply   
Andras, everybody was already positioned for the negative

Lisbon eueu 14:05 GMT September 1, 2004 Reply   
sell ..................sell............sell.....eur/usd

Pecs Andras 14:04 GMT September 1, 2004 Reply   
Why is this worse than expected number supporting the buck?

London JC 14:03 GMT September 1, 2004 Reply   
Hi
Any views on Eur/Gbp? My charts have suggested a sell up until today and I'm bothered that a close at these levels is now starting to suggest a bigreversal and a buy.... All starting to look confusing, so need some other opinions!

Milan LM 14:02 GMT September 1, 2004 Reply   
59.0

Rio 14:01 GMT September 1, 2004 Reply   
Data??

Bahrain Within 10 Pips (S/L = 10*Spread) 14:01 GMT September 1, 2004 Reply   
My Super Glue Level for the Eur/yen...
133.45

Eilat Dolphin 14:00 GMT September 1, 2004 Reply   
The release of the last 8 months of ISM and ConstSpend did not move the market much.
They were averagely correct to 5/1000, and extremes on either side or a ""consensus" were seldom seen. Even then they did not trigger moves of multi hundred pips, usually not even a hundred.

Thus, we should stay wikthin +/- 50 pips of the actual 1.2180 floor till the Fridays employed.

A change of that trend,(more probably to the $ advantage,if it happens))would indicate to me that the market senses a trip back to the 21 level indicating their perception of the Friday release.

BUT THE MOST PROBABLE case is that we'll see maximal 50 pips amplitude ( on an hour, then ten, it mattters not) followed by a return wave, leazy or not, again it matters not.

All IMO



Bahrain Within 10 Pips (S/L = 10*Spread) 13:58 GMT September 1, 2004 Reply   
Screen Glue hour 9:30 to 10:30 AM NY

Cairo mdr 13:57 GMT September 1, 2004 Reply   
can anybody post the ism figures please? 2 minutes to go...
thankx
GL & GT

Goes (NL) B747 13:54 GMT September 1, 2004 Reply   
just came into my ears: EUR/USD longers since the last 24-30 months looking to cash out before 17/SEP/2004.

do not why, but their favorite car at the moment (for the next 24-30 months) is US made (what is better than taking profit with buying a car with the profit provider currency) but always is a green color :-)

I think this will be the trend for those who are long JPY...Lexus, are you ready ??? :-)


gt

LA fxnew 13:52 GMT September 1, 2004 Reply   
reallly hope market will spike with data release!

Go cable!

NYC YIPPEE 13:50 GMT September 1, 2004 Reply   
San Diego Devi 13:26 GMT September 1, 2004

Funny, but that is how they work.

GER ad 13:50 GMT September 1, 2004 Reply   
GBP/CHF,
Was too early, bought again at 2.2640 to lower the average.

ln 13:49 GMT September 1, 2004 Reply   
Budapest 11:17 GMT. if reuters and bloomberg are no good then the rest must be crap. stick to the above two they get the info first before they report it.

Cairo KS 13:47 GMT September 1, 2004 Reply   
Ditto Goes !!!

Good luck to all

ln 13:46 GMT September 1, 2004 Reply   
strong nasdaq means i will be $buyer today.

Goes (NL) B747 13:45 GMT September 1, 2004 Reply   
imo, calling to long EUR/USD now is equal to calling long oil @ USD 45/-...means we will see the spike backed by geo-political nonsense for few trading sessions and than...

gt all

Livingston nh 13:44 GMT September 1, 2004 Reply   
Lisbon - markets don't usually react to the same news twice - oil prices are firm to higher - oil inventory release at 10:30 // bond and equity markets in US are low volume into Friday

Cairo KS 13:44 GMT September 1, 2004 Reply   
5 minutes from now at 2 GMT , it is said to be significant but a bit less than yesterday's significance

Chicago goofy 13:44 GMT September 1, 2004 Reply   
Let data mess up the market. Then opportunitiy comes.

Lisbon eueu 13:42 GMT September 1, 2004 Reply   
sydney do you know when exactly that economic data released?and its importance?

Cairo KS 13:40 GMT September 1, 2004 Reply   
The news is yesterday has the most powerful effect and today will be good for eur/usd longs but not with the same extreme as yesterday,i disagree with that though and i agree with you

i think eur/usd will gain 30 pips instantly and will break through 1.2230 during this session
Any comments guys ?
Happy trading to all

Sydney Alimin 13:38 GMT September 1, 2004 Reply   
at the moment since 1.2170 euro was taken back again, it seems that market wants to see 1.22 or are we gonna see it at all?!

personally, i think if 1.22 is to be seen, it has to be today, i dont think there will be any surprise tomorrow as everyone will just be ready for big friday..ok, let the market decides..

Lisbon eueu 13:33 GMT September 1, 2004 Reply   
with economic data which will released few minutes ahead I will go lon eur/usd .I expect this day will be like yesterday.
anyone agree me?

San Diego Devi 13:26 GMT September 1, 2004 Reply   
Has anyone followed EUR/USD futures along with EUR/USD Forex on a daily basis, any thoughts on that ? TIA

Boca Raton 13:22 GMT September 1, 2004 Reply   
What is a decent "double up to catch up" level Dallas?

melbourne farmacia 13:22 GMT September 1, 2004 Reply   
NYC PCM 12:23 GMT September 1, 2004
Quoting Big Arnold.... they must be "economic girlie men!"

Dallas GEP 13:19 GMT September 1, 2004 Reply   
Took some Euro/GBP short @ .6784

HB 13:08 GMT September 1, 2004 Reply   
SVME PMI 55.1 expected 55.7

DG 13:04 GMT September 1, 2004 Reply   
anyone got SVME PMI SWISS please ?

Sofia Milen 12:59 GMT September 1, 2004 Reply   
Thanx all of yu mates.

Chicago L 12:49 GMT September 1, 2004 Reply   
Sofia Milen 10:19, GER ad 10:49
CFTC requires that FCM's segregate cust. funds, however this only means that they cannot combine cust funds with operating capital. In other words if a large custy blows out this can affect the seg ac.

Budapest 12:46 GMT September 1, 2004 Reply   
Pecs Andras 11:29 GMT September 1, 2004

Thanks for your reply. I thought it costs some bucks but I didn't know it is that expensive. I totally agree on that trading immediately after announcements is a risky thing, but it can be beneficial in some cases IMHO.

Bahrain Within 10 Pips (S/L = 10*Spread) 12:34 GMT September 1, 2004 Reply   
shorting Eur/yen at 133.45 area

Sydney Alimin 12:33 GMT September 1, 2004 Reply   
sterling has gone back to the level we were at the same time yesterday but euro is still up there

Cairo KS 12:32 GMT September 1, 2004 Reply   
NYC

IMHO... when the TA and the news conflict,go with the news as it always has the most direct effect,i think the EUR/USD will cut through 12200 this session
Happy Trading to all

NYC PCM 12:23 GMT September 1, 2004 Reply   
EUR/USD

It's intriguing - every article I read in the financial press is very negative on the dollar (often catastrophic in the predicitions) yet my TA system tells me the exact reverse - that the $ is going to rally into 2006.

GER ad 12:17 GMT September 1, 2004 Reply   
May be a little too early but longed GBP/CHF at 2.2697 (S/L over 100 pips) this could be a trade that I will close first on Friday (if not stopped).

Global-View 12:02 GMT September 1, 2004 Reply   
Okay guys, enough with the banter. Please keep comments market related. TIA

Cairo KS 11:56 GMT September 1, 2004 Reply   
LOL Haifa
I am Egyptian not Saudi-Arabian,.. we are allowed to marry 4 though,but we just cannot afford it while Saudi's can =)
And if i keep marrying my trades,i doubt i will afford real marriage any time soon ! Not to mention luxuries things like in door plumping and food ! hehe :-/

Haifa ac 11:41 GMT September 1, 2004 Reply   
cairo 10:46 GMT September 1, 2004
Haifa "...But i win trades much more than i lose trades,my only problem"... is when i lose i marry my trade so i lose much more than i win,i"...//
I am not a Jewish lawyer, but I play one (on TV). I would like to offer you the law of Sharia :Do not marry more than 4 wives!

Haifa ac 11:36 GMT September 1, 2004 Reply   
Sofia Milen 10:19 GMT September 1, 2004
Hi guys. If you have 250K acount to an american broker what will you receive after bankrutcy and when acc.to american laws?TIA.// Most likely a MARGIN CALL. THEY NEED MONEY!

Pecs Andras 11:29 GMT September 1, 2004 Reply   
Budapest 11:17 GMT September 1, 2004
Daniel
Truly real time news may cost a fortune. I wonder how much you can spend on that.
However, most trading platforms offer their own news, though often times they are late with the announcements.
If you attend forums regularly, in most cases you can get the important news in time, but trading on announcements is quite dangerous I think

PAR 11:27 GMT September 1, 2004 Reply   
Any BOJ intervention ?

GVI john 11:23 GMT September 1, 2004 Reply   
Available twice daily on GVI contact [email protected] for details

STRATEGY SESSION --New York Open
Opening Levels
eur/$ 1.2185… $/yen 109.25
DJIA +51 pts… 10-yr 4.10% -2 bp
PERSONAL OPINIONS:
For a broad range of opening levels click on GVI’s “Market Tracker”:
CLICK HERE
Equity markets are generally higher overseas following the strong close in the U.S. Tuesday after a mostly lackluster session. Many are tending to focus on the employment report on Friday, but the ISM PMI today could be a significant market-moving release. Although the press tends to obsess about the monthly employment release, the markets have been taking a somewhat broader view of the U.S. economy recently and unfortunately are finding little to cheer about. Street estimates are for an ISM of 60 or so after 62.0 in July. An outcome of below 60 could be another psychological blow to confidence in the economy. Certainly the employment release on Friday will be pivotal, but the markets will not have much opportunity to react to the report on a half-day session before a three day weekend. In Russia, President Putin has another hostage crisis to deal with as terrorists are holding a school and are threatening to blow it up. These events could become a concern to the markets. JGBs have advanced again today and gilts and bunds are holding onto their considerable gains made Tuesday. The same is true for treasuries. The dollar is mixed to higher, and equities are called softer. A major storm, Hurricane Frances, is bearing down on the U.S. mainland and could make landfall this weekend. This has seen oil prices rising again.

German real retail sales grew unexpectedly in July. They were up a real +0.9% in the month but still down -0.9% yr/yr. Forecasts had been for a decline of -0.3% m/m and -1.5% yr/yr. The Eurozone August manufacturing PMI fell to 53.9 vs. 54.7 in July. For Germany the results were a fall to 55.1 vs. 56.8 and for France 54.0 vs. 54.6. Thus the data generally suggested a slowing of economic activity. Unemployment in the Eurozone was unchanged in July at 9.0% from the same level in June, as 12.7 mln remained unemployed. The unemployment rate one year ago was 8.9%. With unemployment so high and not improving, it is unlikely that the European Central Bank could even consider rates at its meeting on Thursday. In the U.K., the August Manufacturing PMI fell to 53.1 from 56.0 in July. Also in another sign that the recent tightening of monetary policy by the Bank of England has been taking hold, nationwide home prices increased by only +0.1% in August, they were still +18.9% yr/yr. The odds favor one more rate increase by the BOE this year, probably in November.

The Nikkei managed a 45 point gain on Wednesday to close at 11,127 on the back of higher equity prices in the U.S. Nevertheless, JGB prices advanced once again. The ongoing softness in the U.S. economy and how it may impact Japan is a key factor in Tokyo financial markets. The yield on the 10-yr JGB fell again on Wednesday to 1.51%, -3bps. Yields on the 10-yr JGB are now at a three month low. Thursday sees the monthly 10-yr JGB auction where the Ministry of Finance will sell Y1.9tln in securities. Odds are they will set a 1.60% coupon on the bonds. Just one month ago (August 3), the coupon put on the 10-yr auction was 1.90%. In when issued trading on Tuesday the new issue was quoted at 1.59%. This surge in prices is reflective of the growing concerns in Japan about the state of the economy. Recent disappointing household spending and industrial output figures have fueled these worries.

Budapest 11:17 GMT September 1, 2004 Reply   
Hi everybody,

Can anyone please let me know a good online source for real time news that are related to FX trading? I've tried reuters and bloomberg but they're not real time at all. I've lost half of my money within a week because of not being aware the importance of the announcements.

Thanks,
Daniel

QC Swap 11:14 GMT September 1, 2004 Reply   
I would have to agree. I believe EUR/USD will go higher and 1.2200 won't be much of a surprise.

Sofia Milen 10:54 GMT September 1, 2004 Reply   
Thanx AD.

GER ad 10:49 GMT September 1, 2004 Reply   
Sofia Milen 10:19 ,
Broker is not = broker
The conditions are different; by some if the broker gets in bankruptcy you loose your money by some they hold your money in a segregate account by a big bank (with 250K account you MUST demand this, also you need to see who control the broker - in US can be CFCT; FCM; NFA...). In this case (segregate account) your funds are legally protected (bank conditions… - but at least 100K /account FDIC).

cairo 10:46 GMT September 1, 2004 Reply   
Haifa

The money market is always fair,at least the most fair

After all you really cannot evaluate money with money,so with FOREX you can never go wrong,what u see is what it is worth and what is fair imho !!

The stock market however,I just lost it all in it due to most of pink sheet companies being thieves and full of lies ;-((

I am new to Forex,so far i am down more than half of my intitial investment in a week :(

But i win trades much more than i lose trades,my only problem is when i lose i marry my trade so i lose much more than i win,i need to accept being a loser sometimes i guess and quit with a small loss before i regret it

I wish you luck with your Eur/USD but please if you are shorting it get out now,i think it will rise much more through 1.2 afetr 2 GMT announcement

QC Swap 10:35 GMT September 1, 2004 Reply   
My short Eur/Usd and Long Usd/Cad hit TP overnight.

Brampton AAR 10:35 GMT September 1, 2004 Reply   

Hi all,

Can somebody comment if there is a possible trade on USD/CAD at the present price of 1.3129/1.3125 ? tia

Arshad

NYC PCM 10:33 GMT September 1, 2004 Reply   
Togliatti Ant

"if US close today under 1.2100-30 and US data on friday would not be very poor, i think we will not see eur now lvls for a half a year or so."

I believe this will be the case. We peaked in the Euro's 4.5 year cycle back in February. That cycle won't bottom before early 2006.

Roumeli anka 10:19 GMT September 1, 2004 Reply   
Sydney thanks... for a shorter time frame, I think norrower range before any significant break. Looking the 4h chart of CHF, we are probably in the midle of a triangular formation.

http://www.ttrader.com/mycharts/display.php?p=26098&u=contrarian&a=contrarian%5C%27s&id=497

Sofia Milen 10:19 GMT September 1, 2004 Reply   
Hi guys. If you have 250K acount to an american broker what will you receive after bankrutcy and when acc.to american laws?TIA.

Togliatti Ant 10:14 GMT September 1, 2004 Reply   
Target 1.13-1.15

Togliatti Ant 10:13 GMT September 1, 2004 Reply   
if US close today under 1.2100-30 and US data on friday would not be very poor, i think we will not see eur now lvls for a half a year or so.

Bahrain Within 10 Pips (S/L = 10*Spread) 09:58 GMT September 1, 2004 Reply   
NYC PCM 09:55 GMT September 1, 2004 ///
Thank You!!

NYC PCM 09:55 GMT September 1, 2004 Reply   
sydney almin

I agree - the 12170 area is key. above it with a have a long flat consolidation with plenty of "overhead supply" making it hard to break back into. that's a reason why I think we may already have peaked on this retrace and be setting up for the next wave down.

Sydney Alimin 09:52 GMT September 1, 2004 Reply   
as mentioned before, i think euro 1.2170 is important today and so far after going through it, we manage to stay below...if data is cooperative, we can see 1.2 handle again although i dont rule out the possibility of 1.22 as well should the opposite happens later, but looks like everyone is sidelined now and waiting for that 1.22 level to print...so gl gt all, back to trading

Haifa ac 09:51 GMT September 1, 2004 Reply   
Goes (NL) B747 09:05 "...the fair EUR/USD price stands right now @ 1.0700"...//

Too bad life ain't fair.



Sydney Alimin 09:48 GMT September 1, 2004 Reply   
Roumeli anka 09:32 GMT September 1, 2004

thx for the nice chart there, i always like and appreciate charts that you show with great information embedded in them

FloridA vv 09:44 GMT September 1, 2004 Reply   
Now one more push and 109.30 is history.
Later development depends on how and when 110.30 is done. What if friday's data would be a surprise, which is possible, then it will fly trough.

Or maybe it is only what I want....

NYC PCM 09:40 GMT September 1, 2004 Reply   
Morning All

EUR/USD

Expecting this upward retrace of Euro to end very soon. In fact it looks like it may already have peaked.

Gen dk 09:36 GMT September 1, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Roumeli anka 09:32 GMT September 1, 2004 Reply   
One more time USD. We are still in a downtrend channel. We can however observe that when stochastic approaches oversold area it is accompanied from new low. Exception the last fall where we have an oversold stochastic with a higher low. This maybe a sign of a powerful long-term bottom.

http://www.ttrader.com/mycharts/display.php?p=26097&u=contrarian&a=contrarian%5C%27s&id=497

Goes (NL) B747 09:24 GMT September 1, 2004 Reply   
EU unemloyment stands @ 9%; countries with lower average income have lower unemloyment.
means; Germany, France; Italy and North European (including Scandinavia) do suffer most.

due to stronger EUR the balance sheets of the European companies do not represent (not yet!) the move to cheaper labor resources.

gt

Bahrain Within 10 Pips (S/L = 10*Spread) 09:22 GMT September 1, 2004 Reply   
Buying more GBP/CHF if breaks it lows

Goes (NL) B747 09:20 GMT September 1, 2004 Reply   
hk ab 09:09 GMT September 1, 2004

nothing changed in my view

gt

Goes (NL) B747 09:17 GMT September 1, 2004 Reply   
Lndn Ron 09:13 GMT September 1, 2004

nothing special; but both (i.e. VW Gold & MB C-Class) are industry standard and represent more than a car price.

gt

Lndn Ron 09:13 GMT September 1, 2004 Reply   
Goes (NL) B747 09:05 GMT
anything special about VW golf, as I love this car

Dallas GEP 09:13 GMT September 1, 2004 Reply   
SHORTED usd/jpy @ 109,30

FloridA vv 09:11 GMT September 1, 2004 Reply   
Pecs Andras 09:03 GMT September 1, 2004

I'm very happy for you. But what price did you pay or may be not you, your neighbours, to get some sort of piece and "normal" living.

Sorry for that people. Promice not to show up again with that endles political crap.
Bye.

Goes (NL) B747 09:11 GMT September 1, 2004 Reply   
*** correction ***

must read: OCT/2000

hk ab 09:09 GMT September 1, 2004 Reply   
747//how about gbp?

Bahrain Within 10 Pips (S/L = 10*Spread) 09:08 GMT September 1, 2004 Reply   
Eur/GBP sold by my system...
Has to be a sell

Goes (NL) B747 09:05 GMT September 1, 2004 Reply   
fwiw; I turned EUR bull when VW Golf in US cost the same price of MB C-Class in Europe (OCT/01); and revesed to USD bull when MB C-Class cost in US the same price of VW Golf in Europe(FEB/04).

the fair EUR/USD price stands right now @ 1.0700


gt all

Sydney Alimin 09:03 GMT September 1, 2004 Reply   
this coming friday is gonna be tricky for usd bulls i think, if nfd turns out to be usd positive surprise then usd will rally but whether the rally can be sustained is another question with monday being a holiday and all this terrorism crap

Pecs Andras 09:03 GMT September 1, 2004 Reply   
FloridA vv 08:52 GMT September 1, 2004
Yes mate, Hungary exists and we are doing just fine, thanks :-)

Goes (NL) B747 08:54 GMT September 1, 2004 Reply   
Sydney Alimin 08:15 GMT September 1, 2004

going bear with EUR at least until FEB/2005

gt

FloridA vv 08:52 GMT September 1, 2004 Reply   
Helsinki iw 08:44 GMT September 1, 2004
A totally fresh and novel view on matters

And WHAT U have now in Hungary an do U really have Hungary now?

Brisbane L 08:50 GMT September 1, 2004 Reply   
FloridA vv If anything happens to the children , it will play straight into W.Bush's hands, innocent children are not part of any war.

Sydney Alimin 08:45 GMT September 1, 2004 Reply   
closed gbp short from yesterday @ 1.7950, waiting for data now

Helsinki iw 08:44 GMT September 1, 2004 Reply   
A totally fresh and novel view on matters there. But didn´t Russia start the war on terrorism ( or terror-war) already back in -56 in Hungary? Enough politics from me, my apologies.

Indonesia Solo Raden Mas 08:44 GMT September 1, 2004 Reply   
I hope you are not loose this train !!

Haifa ac 08:42 GMT September 1, 2004 Reply   
50 kids escaped according to SKY news. Drama continues.

Indonesia Solo Raden Mas 08:41 GMT September 1, 2004 Reply   
gold.
clear signal gold will make new high at 434.30. Buy !!!
that's long term pattern.
Level Sell : level buy :
414.20 stp 415.00 (major) 407.30 stp 405.00 (major)
417.30 stp 418.00 (major) 406.35 stp 405.00 (major)
419.60 stp 421.00 (major) 400.00 stp 399.00 (major)
428.30 stp 429.50(major) 396.50stp395.00 (major)
434.30 stp 436.00 (extreme)

FloridA vv 08:39 GMT September 1, 2004 Reply   
Yes it is.
And it is going to get even worse if some forces wouldn't put a lid on that. Say USA and Russia. Why Russia - cuz other european countries are too infected with islamic fundamentalism having so many immigrants from those countries. Actually, Russia started the war against terrorism by "invaiding" Afghanistan in 1979. That time US were on the other side of the game. So, a great deal what US and other countries have now and will have in the future was born 20 years ago.
Now we have what we have and nobody knows when and how it will be over. So let us live our lives until we have it.

china 08:38 GMT September 1, 2004 Reply   

Here are forecasted highs and lows together with suggested buy and sell points for Aug -1 September 2004
Listed after the currency pair is the forecasted low/high for the day, the suggested buy/sell points, the suggested stop and the forecasted low/high for the week.

1 EUR/USD 1.2100 1.2232 Buy 1.2100 1.1970/ 1.2170
2 GBP/USD 1.7910 1.8172 Buy 1.7925 1.7700/ 1.8180
3 AUD/USD 0.7000 0.7110 Buy 0.7005 0.6900/ 0.7150
4 USD/CHF 1.2580 1.2750 sell 1.2750 1.2680/ 1.3000
5 USD/CAD 1.3070 1.3240 sell 1.3080 1.3050/1.3200
6 USD/JPY 108.40 110.00 sell 110.00 108.30/ 110.50

These forecasts are for reference only.
Please keep in mind that you and you alone are responsible for your own trades and for the maintenance of stop loss entries at levels you can afford. In order to help preserve trading capital, it is suggested that when prices move in your favour by 30 points, you change your stop to a breakeven position.
Good luck to everybody!!
Guangdong, China
Yinzi

Indonesia Solo Raden Mas 08:38 GMT September 1, 2004 Reply   
usd/jpy. thinking about 108.58 or 108.03.. maybe BOJ act via cross eur/jpy? Sell and cut switch fast !
Level Sell : Level buy :
109.59 stp 109.65 (minor) 108.58 stp 108.45 (major)
109.85 stp 110.00(major) 108.03 stp 107.90 (major)
110.13 stp 110.25 (major) 107.37 stp 107.25 (extreme)
110.58 stp 110.65 (major)
110.95 stp 111.25 (extreme)

Indonesia Solo Raden Mas 08:36 GMT September 1, 2004 Reply   
usd/chf. clear signal to get 1.2534 or 1.2437 as the bottom target. Sell !!!
Level sell : Level buy :
1.2704 stp 1.2715 (major) 1.2623 stp 1.2590 (major)
1.2742 stp 1.2785 (major) 1.2602 stp 1.2590 (major)
1.2756 stp 1.2785 (major) 1.2534 stp 1.2515 (major)
1.2773 stp 1.2785 (major) 1.2437 stp 1.2415 (extreme)

Dallas GEP 08:36 GMT September 1, 2004 Reply   
Out of some 1.2163 EUR/USD SHORTS I had at BE. FLAT now

Indonesia Solo Raden Mas 08:35 GMT September 1, 2004 Reply   
aud/usd
clear signal to get 0.7467 or 0.7532 . Buy !!
Level sell : Level buy :
0.7085 stp 0.7105 (major) 0.7020 stp 0.7015 (minor)
0.7093 stp 0.7105(major) 0.7001 stp0.69960 (major)
0.7133 stp 0.7155 major) 0.6980 stp 0.6960 (major)
0.7149 stp 0.7155 (major)
0.7195 stp 0.7204 (major)
0.7233 stp 0.7245 (major)

Indonesia Solo Raden Mas 08:33 GMT September 1, 2004 Reply   
Los Angeles ss 08:27 GMT September 1, 2004
please keep your buying gbp/usd!!!
best level for entry now!! will move up fast soon.

Indonesia Solo Raden Mas 08:31 GMT September 1, 2004 Reply   
gbp/usd
clear signal to get 1.8173 as minimal target or 1.8337 as extreme top of corection. BUY !!
Level sell : Level buy :
1.8163 stp 1.8185(major)
1.8173 stp 1.8185(major) 1.7962 stp 1.7925 (major)
1.8224 stp 1,8235(major) 1.7949 stp 1.7925 (major)
1.8327 stp 1.8345 (major)
1.8337 stp 1.8345(major)
1.8364 stp 1.8405 (extreme)

hk ab 08:30 GMT September 1, 2004 Reply   
aud goes to horror till election ends.....

bc//If the asian buying @1.2000 dries up (which may not be possible), will those posses stop and reverse? Don't they think eur 1.2000 is a bit too expensive?

hk ab 08:27 GMT September 1, 2004 Reply   
strangely, nobody noticed dlr/cad flies so hard while eur was also making the north move.......after data.
then, those operators surprised us with a "dlr/cad key-day reversal mission" by ny close.....close some of the dlr/cad longs @high last night but keeping 3 left. 1.3023, 1.3028, 1.3033.

Los Angeles ss 08:27 GMT September 1, 2004 Reply   
Raden Mas -- your thoughts on GBP/USD?

Indonesia Solo Raden Mas 08:26 GMT September 1, 2004 Reply   
eur/usd
Level Sell : Level
Buy :
1.2211 stp 1.2225 (major) 1.2134 stp 1.2120 (major)
1.2219 stp 1.2225(major) 1.2141 stp 1.2120 (major)
1.2248 stp 1.2255 (major) 1.2092 stp 1.2050 (major)
1.2290 stp 1.2305 (major) 1.2063 stp 1.2063 (major)
1.2383 stp 1.2400 (extreme)

Indonesia Solo Raden Mas 08:25 GMT September 1, 2004 Reply   
eur/usd.
clear signal to get 1.2290 or 1.2383 as top target.
ideally price move down for a while to get 1.2134 or 1.2141 before move up fast, but now when at at 1.2160 is the danger level to move up to get oscilation at 1.2217.
be carefull !!!

hk ab 08:23 GMT September 1, 2004 Reply   
747//closed by dlr/jpy longs from 109 @ 109.40 (survive by 1 pip with my sl) Don't want to go against the trend.

Let's see how your eur/jpy and gbp/jpy legend prevails.

Indonesia Solo Raden Mas 08:20 GMT September 1, 2004 Reply   
Hello Everybody here..!!
Glad to see you all today

Ldn 08:16 GMT September 1, 2004 Reply   
Gold Coast martin totally agree its now getting out of hand

Sydney Alimin 08:15 GMT September 1, 2004 Reply   
Goes (NL) B747 08:11 GMT September 1, 2004

how long do you plan to hold that euro short? or what's your target? you are one true euro bear ;)

Ldn 08:15 GMT September 1, 2004 Reply   
Kathmandu mosque ablaze after hostage killings
About 4000 people set Kathmandu's biggest mosque ablaze and smashed up private job recruitment agencies today in response to the killing of 12 Nepalese jobseekers in Iraq, witnesses said.Protesters also pulled furniture and electrical equipment out of the Jama Masjid mosque and torched them on the sidewalk, they said.Riot police used batons to push the angry protesters back from the mosque, eventually sealing off the area, which is near the Narayanhity Royal Palace, police said.Earlier, hundreds of youths rampaged through the streets of the capital, smashing up more than a dozen private employment agencies that they blamed for sending the 12 Nepalese jobseekers to Iraq.The mob shattered windows and set fire to vehicles, furniture, motorcycles and electrical equipment belonging to the agencies, police said.Demonstrations erupted in the capital Kathmandu late yesterday after news that the 12, who had left the impoverished kingdom in search of jobs, had been executed by militants who had abducted them about 10 days ago, accusing them of cooperating with US forces
AFP

Gold Coast martin 08:12 GMT September 1, 2004 Reply   
..apologies for taking space in the forum...

Gold Coast martin 08:11 GMT September 1, 2004 Reply   
...biggest fear in this russian school siege is that it will end up like the Opera house siege in moscow with many casualties in the rescue attempt....The world is fast realising that terrorism has no boundaries..it is a global phenomenon...whether you like GWB or not his stance on terrorism should be emulated by other world leaders and act accordingly...and there is only one solution....the terrorists prime wish is to die in martyrdom and be rewarded when he meets his Maker...lets accomodate their wishes as soon as possible before maximum damage keeps being inflicted....best thoughts go to the people of russia who are use to but dont deserve such adversity,,,,

Goes (NL) B747 08:11 GMT September 1, 2004 Reply   
Sydney Alimin 07:59 GMT September 1, 2004

will make it 54pips steps before Friday and back to 18pips steps after...just to be on the safe side :-)



gt

Ldn 08:10 GMT September 1, 2004 Reply   
Army blows up suicide bomber's home
The Israeli army today blew up the home of one of two suicide bombers who killed 16 people and wounded more than 80 in Beersheva.Troops dynamited the two-storey home of Ahmad Qawasmeh, 22, in Hebron and were preparing to demolish the house of Nassim Jabari, also 22, according to an AFP journalist on the scene.The two suicide bombers from the radical Palestinian movement Hamas blew themselves up yesterday on two Israeli buses in the deadliest Palestinian attack in nearly a year.

AFP


seems countries get it right

FloridA vv 08:03 GMT September 1, 2004 Reply   
Sorry people for taking the space.
Tolyatti ask Jay for my e-mail

Sydney Alimin 08:01 GMT September 1, 2004 Reply   
Bahrain Within 10 Pips (S/L = 10*Spread) 06:30 GMT September 1, 2004

thanks mate, good suggestion yesterday for shorting gbp, looking to close it soon prior to data release

euro hasn't moved much though, lucky i chose gbp

FloridA vv 08:01 GMT September 1, 2004 Reply   
zdes vse svoi

Togliatti Ant 08:00 GMT September 1, 2004 Reply   
FloridA vv ti nash chtoli?

Sydney Alimin 07:59 GMT September 1, 2004 Reply   
Goes (NL) B747 07:49 GMT September 1, 2004

what's the time frame? before friday or after friday for that euro plan?

Rivonia PipPirate 07:56 GMT September 1, 2004 Reply   
Haifa ac 07:17 GMT What did you tell the forum when you saw each member has two swollen black eyes????

Nothing stupid!!!!

You already told them TWICE.

FloridA vv 07:56 GMT September 1, 2004 Reply   
Yes I found it.. sad very sad. But it's a law of CATARCIS - To understand pain and learn how to deal with that you have to feel it. Sad that the greatest deal of the pain and sorow is shared by innocent kids.
Here is the link for those who can read russian

http://www.newsru.com/russia/01Sep2004/zahvat.html

Togliatti Ant 07:50 GMT September 1, 2004 Reply   
Fack..g terrorists hold 400 people in scool in Osetia, promise to blow the school up if police try to get the hostages free/

Goes (NL) B747 07:49 GMT September 1, 2004 Reply   
Sydney Alimin 06:54 GMT September 1, 2004

good morning,

do not go against JPY for a week for day trades.

EUR/USD: will start shorting @ 1.2220 every 18pips // total s/l @ 1.2364

FloridA vv 07:41 GMT September 1, 2004 Reply   
Togliatti Ant 07:35
Bratan chto tam proishodit?

Togliatti Ant 07:35 GMT September 1, 2004 Reply   
There are 400 hostages in school in Russia, 200 of them children

st. pete islander 07:30 GMT September 1, 2004 Reply   
Haifa ac 07:25 GMT

Good day, ac .... hope all is well with you. Hehehe, sometimes it is very hard to deliver the message. Old Joe always got someone's attention! gt

Ldn 07:30 GMT September 1, 2004 Reply   
Haifa ac its about time some of them were taken hostage blown up or beheaded

eur lg 07:29 GMT September 1, 2004 Reply   
When are the global powers going to realize that poltical correctness in times like these is a liability and deal with these incidences in the manner they deserve ?

st. pete islander 07:28 GMT September 1, 2004 Reply   
OMIL ... come see us anytime .... storm or not. Think you will be south of the route Frances is going to take. My old home in Turks & Caicos is going to get the worst of it. We shall see. gt

st. pete islander 07:25 GMT September 1, 2004 Reply   
FloridA vv 07:21 GMT

Guess it is how you apply it. I think Miami will be south of the track anyway. gt

Haifa ac 07:25 GMT September 1, 2004 Reply   
Ldn 07:21 GMT// Yup. Where is STALIN when we REALLY NEED HIM?!

Miami OMIL (/;-> 07:24 GMT September 1, 2004 Reply   
Islander I hope not but you never know I might have to visit you earlier than expected LOL.

Ldn 07:21 GMT September 1, 2004 Reply   
MOSCOW (AP)--About a score of attackers bearing guns and wrapped in suicide-bomb belts men seized a school in the Russian region of North Ossetia Wednesday morning and were in a gun battle with police, officials and news reports said.


really bad

FloridA vv 07:21 GMT September 1, 2004 Reply   
st. pete islander 07:11 GMT September 1, 2004
Good morning, OMIL .... time to buy some plywood

Well They say playwood is not popular, I will go for sheetrock

:)

Haifa ac 07:17 GMT September 1, 2004 Reply   
Euro// For the UMPTEEN TIME! IT IS A RANGE and behavior in middle of range is RANDOM!!

Haifa ac 14:39 GMT August 7, 2004
Euro . NEITHER BULL NOR BEAR.

Haifa ac 15:14 GMT June 23, 2004
Euro. Unless we rally several handles--the Euro is going to close the quarterly and semi annual charts with a Key Reversal. That is a strong signal that indicates at least a TRADING RANGE in the coming months.

We are in a range between 117 and 129. All talks about bull or bear--is futile.


st. pete islander 07:11 GMT September 1, 2004 Reply   
Good morning, OMIL .... time to buy some plywood?

Bahrain Within 10 Pips (S/L = 10*Spread) 07:11 GMT September 1, 2004 Reply   
GBP/chf might be good buy at 1.27 to 1.2650

Sydney Alimin 06:54 GMT September 1, 2004 Reply   
well that euro 1.2170 was taken together with usd/jpy 109.30

Miami OMIL (/;-> 06:54 GMT September 1, 2004 Reply   
Gold Coast martin 06:48 GMT September 1, 2004
You also bring good information here thanks for sharing Martin. Have a great week. GL GT

london 06:50 GMT September 1, 2004 Reply   
yesterday there was virtual total consensus here that the euro was going lower, and this was reflected in the market as it was caught well short....will be interesting to see if all the model account sellers will turn buyers above 1.22, and whether medium term players have got short at the wrong levels lower down...

Gold Coast martin 06:48 GMT September 1, 2004 Reply   
Miami OMIL (/;-> 06:46 GMT September 1, 2004

Good post Omil.....g/t

Miami OMIL (/;-> 06:46 GMT September 1, 2004 Reply   
Eur/usd has closed with a bullish scent but nothing confirmed yet. Key resistance has held up so far but for how long? I have retracement at 1.2145-50, 2115-20, 2090-95, 2065-70 and 2035-40. Support is found at 1.2150-60, 2130-40, and 2090-2210. Resistance is still 1.2200-10, 2225-35, and 2265-75. pivot points are 1.2389, 2293, 2235, (2139), 2081, 1985, 1927. I have set my stops on entry level in my contra intraday short for this pair earlier as the intraday indicators unwind from O/B level. In a mid term technical point of view I see this move bullish but with no follow thru I cannot confirm if it is yet only good numbers on the NFP will bust the bullish move. One more thing to keep an eye on is the long term indicators are turning bearish although it is still in the bullish range IMHO. GL GT

Sydney Alimin 06:31 GMT September 1, 2004 Reply   
feels that this 1.2170 is important for today, maybe a good intraday buy with tight stop loss for a ride to at least today's high if not 1.22?

Bahrain Within 10 Pips (S/L = 10*Spread) 06:30 GMT September 1, 2004 Reply   
Gbp/yen...195.8 area~~
accumlate for a month...204

syd 06:23 GMT September 1, 2004 Reply   
Dublin Flip amazing really but great

Dublin Flip 06:21 GMT September 1, 2004 Reply   
Yes sydney up 8.2% for the year. considering most are down not a bad result so far. I guess the equity market still like to buy those Aussie mining companies on the commodity story whereas the FX guys see things the other way around-LOL
be lucky

Bahrain Within 10 Pips (S/L = 10*Spread) 06:18 GMT September 1, 2004 Reply   
Gbp/yen...195.8 area~~

syd 06:11 GMT September 1, 2004 Reply   
Australia's S&P/ASX 200 At Record Closing High

Sydney Alimin 05:14 GMT September 1, 2004 Reply   
looks like euro is ready for another day up

syd 05:11 GMT September 1, 2004 Reply   
EUR/USD spent the balance of the Asia session between 1.2180/95. Stops above 1.2200 offers between 1.2220/50. resistance found at 1.2235 and 1.2260. The 61.8 fibo of the
1.2385/1.1990 move comes in around 1.2235 and the 200-day MA is found at 1.2260. Sentiment towards the EUR/USD has swung from bearish to cautiously bullish
ifr

Ldn 05:08 GMT September 1, 2004 Reply   
Eqwis 14.00 gmt

Msc Eqwis 05:04 GMT September 1, 2004 Reply   
/Ldn 03:03 GMT
In what time,pls?

Arlington Spen 04:28 GMT September 1, 2004 Reply   
MELB RJK:

This was probably not mentioned: don't try to trade very short term, like 15-min or 30-min charts. Shoot for a profit that exceeds the pip spread at least by a factor of 5 or 10. For example if you are paying 5 pips on a currency pair, only do trades that will make you 30 to 50 pips or more. This means longer term charts: 4-hour, 8-hour, daily.

If you are paying 5 pips in order to make 4 pips, pretty soon you will run out of money.

Chicago goofy 03:36 GMT September 1, 2004 Reply   
On the upcoming Friday, the US NFP release day, plenty of expiries are scheduled. [USD/JPY] 750 million 110.50-60, 100 million 108.40-50, 109.50, 200 million 110.00, and [EUR/USD] 200 million 1.2070-75, 150 million 1.2350, 1.2400, 100 million 1.2025-30, 1.2300. Some book cleaning activity can be expected. Usd/Jpy's 110.00 expiries are already famous given the number of days of appearance as the maturity recently.

MELB RJK 03:23 GMT September 1, 2004 Reply   
melbourne farmacia 02:42 GMT September 1, 2004
MELB RJK - as posted

Hi there
if you would like to make contact pleaseask jay for my email

Chicago goofy 03:16 GMT September 1, 2004 Reply   
Option expire is in front at the same day as NFP.

1.2200 trading will be the mainstream before Friday.

1.970-1.2400 probably will be remained in Friday.

Ldn 03:14 GMT September 1, 2004 Reply   
John Berry says Fed wrestles with the question of whether interest rates should be raised, ECB appears likely to leave rates unchanged for months to come.
wsj

Ldn 03:03 GMT September 1, 2004 Reply   
Later today Euro option expiry

EUR 1.2200(lge).
EUR 1.2250(lge).

syd 02:56 GMT September 1, 2004 Reply   
Mild Earthquake Of Intensity 3 On Scale Of 7 - NHK

FloridA vv 02:46 GMT September 1, 2004 Reply   
Chicago YM 02:41 GMT September 1, 2004
Alaska is the biggest state

Is Alaska still a US state. I heard that russians reclaimed it allready. ;))

melbourne farmacia 02:42 GMT September 1, 2004 Reply   
MELB RJK - as posted.... start again in demo using basic indicators.. ie two EMA's etc.. don't only trade off 5 min charts. Start the day looking at daily, down to 1 hour and use 5 min for entry & go with the flow. After the fact trade, but by using two ema's for Eur/Usd hourly.... entry given @ 1.2030 on monday.... close on next cross etc..GT

Chicago YM 02:41 GMT September 1, 2004 Reply   
Alaska is the biggest state

FloridA vv 02:35 GMT September 1, 2004 Reply   
Inspiring... Though he received California from Mr. Devis with amaising 37 BILLION budget deficit, now he is doing pretty well. Will see in a couple of years how terminator can fix the economy of the biggest state of the US

GA TJ 02:34 GMT September 1, 2004 Reply   
potsville tom 02:18 GMT September 1, 2004
What an incredible speech. I kind or feel sorry for the First Lady following that speech

shanghai bc 02:33 GMT September 1, 2004 Reply   

Consistent Eur/Usd buying around 1.20 this year has been the need from real money folks in Asia to hedge their mountain of Dollar piles each month..Hurd Mentality works in Asia better than anywhere else..Given their huge pile of Dollar mountains each month,it is imperative they should do something about it in case Dollar does something unpleasant..Then,these are the folks who have already piled up Dollar mountains of trillion Dollars becoming the last defender of the Dollar..No incentive for them to see weaker dollar either,more loyal than the king himself ..Just a stable Dollar will do for them nicely..So, unless a fresh force comes in either from Euro-Zone buyng up either Euro or Dollar for whatever incentive,or from USA flying from Dollar assets or buying up Dollar assets for whatever incentive,this stalemate may last for some more months again..Oil is just a nice joker in the middle..Fwiw.

Ldn 02:24 GMT September 1, 2004 Reply   
'Don’t be economic girlie men!'

potsville tom 02:18 GMT September 1, 2004 Reply   
Arnold for president

Ldn 02:14 GMT September 1, 2004 Reply   
ABC/MONEY - US CONSUMER CONFIDENCE DIPPED to -11 in the week ended Aug 29 from -9 in the previous week, to reach its lowest level since June 27.

MELB RJK 02:14 GMT September 1, 2004 Reply   
Hi again
I have now read all the comments in reply to my post earlier today
I thank you all for your input, it is enlightening!
even the one where he suggests I should do the opposite of what i think is right. now if I had i would have money in my account now.
I will do some demo trading again and try and find what I am doing wrong , possibly my Ego and emotions are the real fault? We can all decide on a course of action and hold to it to long . Also it is hard to throw away cash when it says
-50 , but in hindsite there has been plenty of occaisions where i should have closed and openned in the opposite. I have only traded eur/usd so far.
thanks again everyone for your comments

Gen dk 02:12 GMT September 1, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Le Havre Alphonse Brown*00 02:11 GMT September 1, 2004 Reply   
bought euro at 1.2195

Ldn 02:10 GMT September 1, 2004 Reply   
Another Sore Day For the Dollar As Confidence Falters
LINK

Sydney Alimin 01:40 GMT September 1, 2004 Reply   
if there is no special us data that can help dollar from today till before nfp then i think euro 1.2120 will be the support zone
off now, be back later for european session

GA TJ 01:34 GMT September 1, 2004 Reply   
LA fxnew 00:29 GMT September 1, 2004

Please re-read post. I am not holding Cable for 300. I am expecting it to move north 300 or so. currently looking for spot to enter long.

syd 01:33 GMT September 1, 2004 Reply   
Australia's average measure of gross domestic product rose 0.6% in the second quarter of 2004 from the first quarter and rose 4.1% from the year-earlier period, the Australian Bureau of Statistics said Wednesday.
The bureau revised first quarter GDP growth to 0.5% from 0.2% when it originally issued the data

Prague JV 01:33 GMT September 1, 2004 Reply   
it is hard enuf to trade one pair , but to be secesfull , you got to now how to master more pair simultaniesly . usd/ jpy is not long , till eur/usd going up . and if finaly eur/usd going down , you got to pray for eur/jpy stay at current levels or going more up . and I doubt that after this rise on eur/jpy it will be even more sustanable in upmove

wisconsin tim 01:33 GMT September 1, 2004 Reply   
levels for tomorrow:

see page for results

Date Currency Close R1 Close S1 R1 High S1 Low
8/31/2004 AUDUSD 0.7090 0.7015 0.7103 0.6930
8/31/2004 EURGBP 0.6777 0.6733 0.6790 0.6698
8/31/2004 EURUSD 1.2231 1.2122 1.2237 1.1994
8/31/2004 EURYEN 133.38 132.11 133.83 131.59
8/31/2004 GBPUSD 1.8091 1.7938 1.8113 1.7819
8/31/2004 GBPYEN 197.42 195.34 198.26 195.12
8/31/2004 NDZUSD 0.6601 0.6514 0.6613 0.6453
8/31/2004 USDCAD 1.3170 1.3076 1.3292 1.3065
8/31/2004 USDCHF 1.2728 1.2605 1.2861 1.2582
8/31/2004 USDYEN 109.51 108.55 110.60 108.33

GA TJ 01:31 GMT September 1, 2004 Reply   
FloridA vv 00:35 GMT September 1, 2004

If you are a Fib trader then I agree with you. However I am not a Fib Trader. The down move from 7/19 to 8/4 and following rise did not hold the 50 Fib or the 61 Fib or the 78 Fib. Thats the reason I don't trade strictly Fibs. Pay attention to them yes. Use as sole trading methodology NO.

But that is what makes the market place.

Prague JV 01:08 GMT September 1, 2004 Reply   
........Did u notice that with Eur/usd up 200 pips and Eur/Jpy DOWN 100 pips Usd/Jpy gave up only 80 pips. Isn't it strange?
Doesn't it say something? .......

The only thing which is telling me is that price :
eur/jpy : eur/usd = usd/jpy

FloridA vv 01:01 GMT September 1, 2004 Reply   
Prague JV 00:43 GMT September 1, 2004
The only thing what is keeping usd/jpy from comming more dow

Did u notice that with Eur/usd up 200 pips and Eur/Jpy DOWN 100 pips Usd/Jpy gave up only 80 pips. Isn't it strange?
Doesn't it say something?
For me its maybe latency which means Usd/Jpy has to go down 150 pips more later. or... enough is enough. Which means buy Usd/Jpy and sell Eur/Jpy at the appropriate points

Prague JV 00:54 GMT September 1, 2004 Reply   
What I am trying to say is , that in case of negativ US dat for usd on friday , there could be SIGNIFICENT damping of eur/jpy longs , which probably will prevent usd/jpy from breaking important levels on the downside and scrutinase movement on eur/usd for longs and shorts . imho

syd 00:48 GMT September 1, 2004 Reply   
Australia's S&P/ASX 200 Hits Record High In Early Trade

Ltn th 00:47 GMT September 1, 2004 Reply   
syd 00:25 GMT//
How about using initials or further identifier?
Use of straight syd, melb etc is traditionally reserved for designated CB spokespersons not treasury or party hacks.

Ldn 00:44 GMT September 1, 2004 Reply   
Euro may break 122 option then fly

Prague JV 00:43 GMT September 1, 2004 Reply   
The only thing what is keeping usd/jpy from comming more down at the moment is eur/jpy buys . That move on eur/jpy has been suspicios for me , since euro were not capable of pulling back to 132.00 after strong sell of from about 132.50.
There seems to be unusual price akction on that pair , and should be taken into consideration , if you are prepearing possitions for payroll data later this week .

FloridA vv 00:35 GMT September 1, 2004 Reply   
GA TJ 00:21 GMT September 1, 2004
FWIW, Everything I 've got including my own Tech Creatations is pointing to the Euro moving north for 200-300 pips

Wow, hold ur horses bro. What 200 pips? 1.2186 is 50% of the move from 1.2375 to 1.1990 that means its a sell right now with the target of 1.17 if I'm not mistaken. But Off course I am.

Sydney Alimin 00:33 GMT September 1, 2004 Reply   
perhaps we should trade inside 1.22 handle for euro to create more confusion and nerve-breaking environment :)

LA fxnew 00:33 GMT September 1, 2004 Reply   
sorry not GT but TJ :)

LA fxnew 00:29 GMT September 1, 2004 Reply   
GT:
you r holding cable with 300+ ?
thats awesome!!!

syd 00:25 GMT September 1, 2004 Reply   
Australia's Costello To Hold 0200GMT Briefing To Comment On GDP Data

GA TJ 00:21 GMT September 1, 2004 Reply   
FWIW, Everything I 've got including my own Tech Creatations is pointing to the Euro moving north for 200-300 pips. Cable 300+. Still holding Swissy Short from 1.2798 last night (In the Black 130 or so pips). Looking for another 200 or so south. Currently waiting for Euro setup to take long as well as Cable.

Prague JV 00:20 GMT September 1, 2004 Reply   
usd/jpy - not breaking 110.30 and belowe 109.50 NY session took me out of my bullish view on that pair . . The only pos. on it for me is being SIDELINED BULL .

FloridA vv 00:09 GMT September 1, 2004 Reply   
Comon buck eat that 109.30 and see ya @ 111. where we make a little cover.

 




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