Forex Forum Archive for 09/07/2004

wisconsin tim 23:59 GMT September 7, 2004 Reply   
Toronto MC 23:47 GMT September 7, 2004
look at help forum archives ... basically don't waste your money

Provo John 23:58 GMT September 7, 2004 Reply   
Toronto MC 23:47, Better to give your money to charity then to those thieves.

Dallas GEP 23:52 GMT September 7, 2004 Reply   
CABA....6835 is a very STRONG resistance. I do not THINK we will see a sustained break of that so if you have LONG from 6833 IMO you are going wrong way UNLESS GBP breaks down HARD tonight and euro doesn't follow which to me is unlikely. Should see 6820/25 area again thi IMO and we could see 6770

Toronto MC 23:47 GMT September 7, 2004 Reply   
Has anyone purchased the signal system "4X Made Easy". Any comments and thoughts on this system would be welcome as I am new to Forex and considering purchasing it.

Philadelphia caba 23:46 GMT September 7, 2004 Reply   
Dallas GEP 23:37 GMT September 7, 2004
Closed 6942 shorts on Aussie at 6927 for +15` Still have usd/jpy shorts and eur/gbp shorts

Good evening GEP, may I ask you for your view on EUR/GBP shorts? I went long on this pair @ 0.6833..Thanks.

Syd 23:44 GMT September 7, 2004 Reply   
AUST HOUSING FINANCE PREVIEW
Housing Finance figures for July risk to come in on the upside when announced 01.30GMT, with mkt consensus looking at a +4% mom rebound in the number of owner occupied finance commitments after June's -3.3% fall, but large local banks which sell most of the loans, calling for as much as a 8-9% gain based on in house projections and anecdotal evidence already released from ABS. An increase of such magnitude would end up being the largest in a decade and definitely place a dampener on views that the housing market was collapsing and taking the rest of the economy with it. Watch also for some substantial upwards revisions to June's data, which all in, would be sufficient to halt the recent downward trend in housing finance for the first time since Sept 2003. Fundamentally we expect a turnaround in finance emerging, that should also point to high levels of building approvals and residential construction for 2H2004. Data due 1.30GMT
forex .global .trading.

paris jb 23:38 GMT September 7, 2004 Reply   
London Mick 23:19 GMT

10x mate

Gen dk 23:38 GMT September 7, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Dallas GEP 23:38 GMT September 7, 2004 Reply   
Sorry those would be usd/jpy longs!!!! I just WISH they had been shorts (LOL!!!!)

Dallas GEP 23:37 GMT September 7, 2004 Reply   
Closed 6942 shorts on Aussie at 6927 for +15` Still have usd/jpy shorts and eur/gbp shorts

Syd 23:30 GMT September 7, 2004 Reply   
Australia's RBA Keeps Cash Rate At 5.25%

Syd 23:23 GMT September 7, 2004 Reply   
Talk that Euro rise above 1.21 overnight helped in part by large hedge fund, which had been long-USD for considerable amount of time, unwinding positions against majors.

London Mick 23:19 GMT September 7, 2004 Reply   
Here ya go mate,

http://www.cftc.gov/enf/enfform.htm

http://www.nfa.futures.org/basicnet/Complaint.aspx

paris jb 23:09 GMT September 7, 2004 Reply   
London Mick 23:01 GMT

hi mate
do u know how to complain to cftc or nfa?

Syd 22:51 GMT September 7, 2004 Reply   
Australian housing finance data at 0130 GMT and according to broad consensus of economists expected to show spike of 2.5% in July. But country's four major banks, which dominate mortgage market, tipping rises of as much 9.0% on month. Confirmation would alarm central bank and possibly pave the way for more rate hikes
rts.
.

wisconsin tim 22:44 GMT September 7, 2004 Reply   
toronto, thanks thought those were a little off

Toronto YV 22:39 GMT September 7, 2004 Reply   
wisconsin tim, BoC wednesday 9.00 am EST , Greenspan wednesday 10.30 am EST .

wisconsin tim 22:34 GMT September 7, 2004 Reply   
OK my platform says BoC and Greenspan at 0:00 GMT (1.5 hrs from now) is this correct?

Toronto YV 22:28 GMT September 7, 2004 Reply   
Ltn th,appreciate your response .

AUCKLAND TJ 22:15 GMT September 7, 2004 Reply   
USD/CHF Short
STOP 12772 TARGET 12580

Ltn th 22:12 GMT September 7, 2004 Reply   
Toronto YV//
The RBA met yesterday (tuesday local time ) and any change is traditionally announced at 9:30 local time on wednesday. `That is in just under one and a half hours from now. Any change would be most unexpected.

PRESSLAND PULIZER 21:51 GMT September 7, 2004 Reply   
http://www.techtree.com/techtree/jsp/showstory.jsp?storyid=53753


will we trade faster?

London 21:41 GMT September 7, 2004 Reply   
US budget deficit outlook worsensThe Congressional Budget Office (CBO) said the deficit would grow to a cumulative $2.3 trillion (£1.2 trillion) between 2005 and 2014.

Toronto EDP 21:36 GMT September 7, 2004 Reply   
I thought I dealt with one of the best platforms around but just got the word that there will be no more guarantees on stops when there is any "major fundemental news announcements" or "outside normal market hours"...... I guess that means no more orders in the market over a weekend, or when any numbers or economic data are being announced, or nasty world events are thought to be on the agenda !

Are there any platforms around that still guarantee stops if they are in the market a reasonable time ahead of any events ?

QC Swap 21:12 GMT September 7, 2004 Reply   
I'm long USD/CAD now at present levels for a few amount of pips

GOES B747 20:55 GMT September 7, 2004 Reply   
good evening,

I hope that some posts from me made people in this forum to take the right moves and cash some profits.

EUR/USD: please let me know your views, opinions and forecasts for this one.


tia & gt

London 20:40 GMT September 7, 2004 Reply   
Ridge: Terrorists Hope to Disrupt Election
By KATHERINE PFLEGER SHRADER, Associated Press Writer
WASHINGTON -7th September
Terrorists still hope to disrupt the U.S. democratic process even though the presidential nominating conventions and other high-profile gatherings this summer went off without incident, Homeland Security Secretary Tom Ridge said Tuesday. Threat reporting over the last several months has been "consistent, general and credible" and indicated the al-Qaida network is trying to push ahead with its plans, Ridge said. Although large events this summer were not attacked, he said, "that in no way diminishes the level of vigilance, awareness and concern that we have during this entire process." Ridge commented during a morning visit to the National Targeting Center in Northern Virginia. Operated by the Customs and Border Protection agency, the center secures the nation's borders and ports with a focus on keeping terrorists and their weapons out of the country.
Currently, financial centers in northern New Jersey, New York City and Washington are at high alert because of recently discovered reconnaissance of buildings there that apparently was done by al-Qaida in 2000 and 2001. Alert levels remain at orange for those areas, the second highest on the national five-point scale. Ridge said authorities review intelligence on a daily basis to determine whether to lower them. Speaking to the National Press Club later, Ridge said every day that goes by without incident gives authorities more time to make the country safer. Ridge made the appearances five days before the third anniversary of the Sept. 11, 2001, attacks and a week after militants raided a Russian school in an attack that eventually killed more than 400 people including 156 children.
Asked whether an attack could come to a school here, Ridge said parents have had to consider school safety long before 9/11, given tragic events, such as Columbine, that did not involve international terror. Should there be lessons learned overseas, "If we can apply them to making America more secure, we will," Ridge said.

Livingston nh 19:24 GMT September 7, 2004 Reply   
ML - Thanx - I will try to stay out but ..... // have convinced myself to at least wait until tomorrow

Toronto YV 19:10 GMT September 7, 2004 Reply   
what time is RBA board meeting today , is it rate decisive ?TIA

ICT ML 19:08 GMT September 7, 2004 Reply   
Spotforex Paradise 18:26 GMT September 7, 2004

Haha...Amen to that Spot. If we would only follow our OWN damnned forcasting advice........

Wonder if there are any good bargains down in the Turks-Caicos-Bahamas now........"beach house for sale....great view.....needs roof-windows-TLC"

Gen dk 19:06 GMT September 7, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

ICT ML 19:02 GMT September 7, 2004 Reply   
Livingston nh 15:55 GMT September 7, 2004

NH.....there is a natural tech target on $CAD at 1.2675 that I think will be hit before you want to buy it. It is the bottom of a daily channel down from 1.4000 and also a potential double bottom test.

Right now it seems the U$D is not the currency of focus, as there is no strong bias regarding the $$ accross the board yet. Perhaps that changes soon, I don't know yet.

Beijing Laowen 18:59 GMT September 7, 2004 Reply   
NYC 18:21 GMT September 7, 2004 //

Just woke up to censored and saw the posts of you and Raden's ,which made me unable to help laughing! Thanks for making me happy in the midnight of my time~

GVI Jay 18:59 GMT September 7, 2004 Reply   
U.S. 10-Year Treasuries Rise as Economists Cut Growth Forecasts

Sept. 7 (Bloomberg) -- The benchmark 10-year U.S. Treasury note rose for the first day in three as speculation second-half economic growth may fall short of the Federal Reserve's forecast.

GVI Jay 18:36 GMT September 7, 2004 Reply   

KW fxstu 18:05 GMT September 7, 2004 (and others) - see Global-View 17:46 GMT September 7, 2004

Spotforex Paradise 18:26 GMT September 7, 2004 Reply   
I found that my forecasting has provided me with the means necessary to live in paradise....however, my trading says otherwise......

Indonesia-Solo Raden Mas 18:26 GMT September 7, 2004 Reply   
Los Angeles ss 18:05 GMT September 7, 2004
in 45 minutes will down 1.7704

Indonesia-Solo Raden Mas 18:24 GMT September 7, 2004 Reply   
in curent time for 45 minutes from now , high low 1.2101, low 1.2064

NYC YIPPEE 18:21 GMT September 7, 2004 Reply   
ss

You are joking, no ?

NYC 18:21 GMT September 7, 2004 Reply   
ss. Give the guy a break., If he could forecast that he would not be on the FF but on some tropical paradise in his South Pacific beach home, It is also the middle of the night where he is so probably sleeping.

Los Angeles ss 18:05 GMT September 7, 2004 Reply   
Raden Mas -- what price on gbp will we see in the next 45 minutes?

KW fxstu 18:05 GMT September 7, 2004 Reply   
Raden//
I buy euro/usd @ 12095. whats your idea. i do fear, think to close @ 12085, seems to move down. isn't it...

Indonesia-Solo Raden Mas 17:49 GMT September 7, 2004 Reply   
very potential eur/usd move dwn fast from 2081 to 2064 and then up again.

Indonesia-Solo Raden Mas 17:46 GMT September 7, 2004 Reply   
JAM MGW 17:40 GMT September 7, 2004
yes..because only have little time to stay when touc 1.2064.possible up again (fast)

Global-View 17:46 GMT September 7, 2004 Reply   
JAM (and others). Please post a recognizable location. We have a "save" feature in the posting box so you only have to put your location/initials in once. There is no reason to abbreviate unless it is a widely recognized one (such as NYC, Ldn, etc).

JAM MGW 17:40 GMT September 7, 2004 Reply   
Indonesia-Solo Raden Mas 17:07 GMT September 7, 2004

Is a bounce off 1.2064 posible?

pk rugal 17:30 GMT September 7, 2004 Reply   
van
$/jpy is currently chopping people . i am seeing the area of 109.10 to go long in yen. and ride the whole wave upto 115.35
for the month of september

gl and gt

van revdax 17:24 GMT September 7, 2004 Reply   
Anyone out could give his diagnosis of the pulse of $/JY? TIA

HCM MI 17:13 GMT September 7, 2004 Reply   
Where is all the real money flows going today? My GBP/USD is down My EUR/USD is down my USD/CHF is going nowhere. This minor-cross driven market is a real mystery!

Indonesia-Solo Raden Mas 17:07 GMT September 7, 2004 Reply   
JAM MGW 17:01 GMT September 7, 2004
1.2031 from 1.2101..first target is 1.2064-58

JAM MGW 17:01 GMT September 7, 2004 Reply   
Indonesia-Solo Raden Mas 16:57 GMT September 7, 2004

Thank you. I always appreciate your posts.

Indonesia-Solo Raden Mas 16:57 GMT September 7, 2004 Reply   
JAM MGW 16:53 GMT September 7, 2004
yes

quito_ecuador_valdez 16:54 GMT September 7, 2004 Reply   
The Geneva based platform is up, it's the demo only that's down. Other demo servers today have been down too. Sorry I mentioned a name even tho I was bolstering it, the post was erased.

JAM MGW 16:53 GMT September 7, 2004 Reply   
Raden Mas,

Is you trade with Eur/Usd still valid? (Sell @ 1.2101 tp @ 1.2064)

Indonesia-Solo Raden Mas 16:52 GMT September 7, 2004 Reply   
yes, its time for sell gbp/usd.7754

FloridA vv 16:49 GMT September 7, 2004 Reply   
Hey friends
Nice to see nothing has changed. The same pip hunt.
Got stopped out from longs Usd/Jpy and Eur/Usd, Had to move s/l in longs Usd/Cad to 1.28 so nothing to be proud of all in all just 171 pips in profit mostly from Eur/Usd shorts of 1.2177.
If BOC would rise interst rate, it will kill economy, with the unemployment hitting 8% (now 7.2%) they need free money for buisneses to keep afloat. otherwise we'll see a beeeg boom.
So no rise -- Cad will nosedive, rise - Cad will nosedive, but a little bit later.
GT

Indonesia-Solo Raden Mas 16:45 GMT September 7, 2004 Reply   
there are two level for sell aud/usd : 0.6945 or 0.6954

Indonesia-Solo Raden Mas 16:42 GMT September 7, 2004 Reply   
Los Angeles ss 16:32 GMT September 7, 2004
about gbp. if show you early 1.7725, good for thinking baout 1.7704
but if move up fast when touch 1.7760 or maximal 1.7777 I think will be intersted what will happen when 1.7760 or 1.7777 be touched.

KW fxstu 16:40 GMT September 7, 2004 Reply   
Los Angeles ss 16:20 GMT September 7, 2004
Thanx for reply.
I too think CABLE is looking for some more hike.

Indonesia-Solo Raden Mas 16:35 GMT September 7, 2004 Reply   
in my TA sytem. I look eur/usd possition will down soon to get 1.2064 again... I think not good time for buying now.

Los Angeles ss 16:32 GMT September 7, 2004 Reply   
Raden Mas, what direction for next hour or so for GbpUSD?

Indonesia-Solo Raden Mas 16:27 GMT September 7, 2004 Reply   
aud/usd when at 0.6939.
seen on the start level for going down to get 0.6898.

Dallas GEP 16:22 GMT September 7, 2004 Reply   
Your welcome, Raton. Hope you family and friends made it thru OK and without alot of damage. We were talking about that earlier in regards to yourself, OMIL, and VV and all the other Floridians. I am out for a while

Los Angeles ss 16:20 GMT September 7, 2004 Reply   
fxstu -- think it will do down some more this week, but will probably go up some to recoup the oversold conditions right now before heading back down.

KW fxstu 16:15 GMT September 7, 2004 Reply   
Los Angeles ss //
Howz gbp vs. $? i buy @ 17738.

Los Angeles ss 16:11 GMT September 7, 2004 Reply   
FXSTU -- don't really follow the Euro too closely Looks like stochs and macd turning down though. I mostly follow GBPUSD and GBPYen.

Boca Raton 16:04 GMT September 7, 2004 Reply   
Thank you.

Dallas GEP 16:03 GMT September 7, 2004 Reply   
BTW guys I am having some horrible ISP conncetion problems for the time being. I will post up more later on wgen it stabilizes

Dallas GEP 16:01 GMT September 7, 2004 Reply   
AD YES I do, eur/gbp short tho is a little stronger position.

BTW Raton, I am glad to see you made it thru the storm. It wouldn't be the same around here without you busting my chops!!! LOL

KW fxstu 16:00 GMT September 7, 2004 Reply   
Los Angeles ss //
what could be the euro/usd position day remaining???

HK Kevin 15:57 GMT September 7, 2004 Reply   
Dallas GEP 15:49 GMT, also short EUR/GBP from 6818, s/l 6844, divergance found in 4-hr and 8-hrs charts, initial t/p 6760

Livingston nh 15:55 GMT September 7, 2004 Reply   
Tor Pumpkin - have had my head handed to me last two trades on USD/CAD (fighting the chart) - see this move today as an exhaustion spike and will go long again on expectation that BoC doesn't move (their expectation of 5% GDP in Q2 was off and I think their Q3 is off as well) - inflation figs don't "seem" to warrant a hike and the US soft patch may be having an effect on automotive and other exports // a 1/4 point is "buy the rumor:sell the news" ??

Can you please talk me out of this?

Syd 15:54 GMT September 7, 2004 Reply   
AUD/USD: Investment Bank buying providing support

GER ad 15:52 GMT September 7, 2004 Reply   
Dallas GEP 15:40,
GEP,
Have you a strong conviction in this trade?
I longed AUD/CAD at 0.8917 and hoping for a nice result until tomorrow evening (but maybe I am once again wrong).

Dallas GEP 15:49 GMT September 7, 2004 Reply   
stops on eur/gbp shorts .6845

wisconsin tim 15:46 GMT September 7, 2004 Reply   
Bahrain,
nice call on the EURO/AUS the other day

Dallas GEP 15:45 GMT September 7, 2004 Reply   
2 sets of lots now....I think 6835 will hold it on eur/gbp

chester wb 15:44 GMT September 7, 2004 Reply   
Boca-instead of attacking Dallas Gep why don't you post some of your trades instead?

Dallas GEP 15:43 GMT September 7, 2004 Reply   
eur/gbp short from .6820

Dallas GEP 15:42 GMT September 7, 2004 Reply   
YES it is Raton.

nyc/tk jf 15:42 GMT September 7, 2004 Reply   
ab - euryen movment will be slow i think gbpyen offers much better play

Dallas GEP 15:40 GMT September 7, 2004 Reply   
Shorted Aussie @ .6942

Los Angeles ss 15:38 GMT September 7, 2004 Reply   
Thanks Raden Mas, I appreciate it.

Indonesia-Solo Raden Mas 15:37 GMT September 7, 2004 Reply   
Loss Angeles ss,
sorry about my late reply.
was not at my desk.sorry

Los Angeles ss 15:36 GMT September 7, 2004 Reply   
Yippee -- Try it, you might be making some money this morning like I am.

Indonesia-Solo Raden Mas 15:35 GMT September 7, 2004 Reply   
eur/usd. if move up fast getting 1.2118 in 30 minutes bar. will move atractive from 1.2118 to get 1.2064 again fastly.
but from 1.2101 selling pressure able to push until 1.2064 again.

NYC YIPPEE 15:33 GMT September 7, 2004 Reply   
OPPSSS....

Los Angeles ss 10:09 GMT September 2, 2004
Raden Mas -- thanks for the info on GBP.

Los Angeles ss 09:21 GMT September 2, 2004
Raden, your thoughts on cable, please?

Los Angeles ss 08:50 GMT September 2, 2004
Raden Mas! How about cable now?

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

wisconsin tim 15:31 GMT September 7, 2004 Reply   
"From the backstabbing co-worker to the meddling sister-in-law, you are in charge of how you react to the people and events in your life. You can either give negativity power over your life or you can choose happiness instead. Take control and choose to focus on what is important in your life. Those who cannot live fully often become destroyers of life."

--Anais Nin

Indonesia-Solo Raden Mas 15:31 GMT September 7, 2004 Reply   
eur/usd..1.2101..ideal for sell level

nyc tony 15:29 GMT September 7, 2004 Reply   
tim//

re: gbp/jpy. I am very interested in this pair currently and was stopped out near the big fig earlier. IMHO the daily close will be the first indication that answers your question. Other than that it is a tough call as the gbp is getting crushed. flat now but waiting impatiently as this pr can pay big coming off a pivot point. good trades

Indonesia-Solo Raden Mas 15:28 GMT September 7, 2004 Reply   
Loss Angeles.
now is good for sell for new low 7504

Indonesia-Solo Raden Mas 15:26 GMT September 7, 2004 Reply   
Los Angeles ss,
gbp/usd now thinking about target 1.7586,7566,7546,or 7805.
cut reverse there for reversal level for big trend.

hk ab 15:15 GMT September 7, 2004 Reply   
eur/jpy last line defense at 127.50.

Boca Raton 15:14 GMT September 7, 2004 Reply   
Dallas, is this what you would call a light USD/JPY position?,

Dallas GEP 12:58 GMT September 6, 2004
I am already long usd/jpy but better entry point is 109.95, You could probably run a 20 pip stop on this one

Dallas GEP 12:52 GMT September 6, 2004
Longed usd/jpy @ 110.08 looking for 110.50

Dallas GEP 09:30 GMT September 7, 2004
added some usd/jpy longs

hk ab 15:13 GMT September 7, 2004 Reply   
but doesn't mean same move can have a good chance to repeat though.

hk ab 15:13 GMT September 7, 2004 Reply   
Gep, I suggest you to keep an eye on weekly jpy crosses chart.

From history,
dlr/jpy fell from 135.97 to 111.63 on the first week of October without much hard feeling at all.......

wisconsin tim 15:08 GMT September 7, 2004 Reply   
Any thoughts on GBP/YEN, clear break of the baily b00b pattern should target mid-180's or just a daily blip?

Dallas GEP 15:07 GMT September 7, 2004 Reply   
YEP I am as a matter of fact....I don't really like EURO right now, range too narrow. Took eur/gbp short from .6815. I closed my GBP shorts MUCH earlier like a coomplete MORON and the usd/jpy longs I have while a light possie STILL SUCKS. What can I say???

zhongshan boc 14:49 GMT September 7, 2004 Reply   
jyp is running

KW fxstu 14:44 GMT September 7, 2004 Reply   
Dallas GEP// aren't you followup EUR/$ or GBP/$?

Tor Pumpkin 14:39 GMT September 7, 2004 Reply   
blah!
USDCAD is NOT moving on the expectation of 50.

Tor Pumpkin 14:39 GMT September 7, 2004 Reply   
BAs have priced in exactly 25 bps. USDCAD is moving on the expectation of 50.

Barcelona Tony 14:29 GMT September 7, 2004 Reply   
GEP please check your msn status

Tor cad trader 14:19 GMT September 7, 2004 Reply   
party is over and 0.5% must be seen tomorrow otherwise, the big sharks can swim in the reverse direction heavy tomorrow to take out tonnes of stops.

NYC YIPPEE 14:17 GMT September 7, 2004 Reply   
You know nothing in this World is free (Including water).

Trading on ideas that are posted here, should come with the usual disclaimers. Consider yourself luckly, that any profits are not subject to 2/20.

If you lose, don't complain.

cad trader 14:11 GMT September 7, 2004 Reply   
anyone bought eur @1.2930?
If you like, you can short dlr/cad 1.2850 as well.

Dallas GEP 14:07 GMT September 7, 2004 Reply   
USD/CAD in a freefall now.

Bangkok AC 13:55 GMT September 7, 2004 Reply   
I would like to remind you all that the information that is posted by the Traders on this site has been freely given and the are a lot of traders out there that have profited.

But a trader decides to enter a trade sole on his or her decision no one else.

Just having my say

Dallas GEP 13:46 GMT September 7, 2004 Reply   
If you are looking for reversal trades...usd/jpy may be one of the better ones. this 109.50 area has held for some time now.

Sydney Alimin 13:44 GMT September 7, 2004 Reply   
gbp might drag euro down with it again, perhaps it is about time to see 1.76 handle

Dallas GEP 13:44 GMT September 7, 2004 Reply   
Well guys we are ALL wrong at times, I know I certainly am. This USD/CAD bears watching to see if 1.2900 holds.

Dublin Flip 13:40 GMT September 7, 2004 Reply   
So ron what do you reckon here @ 1.2060/65???
TIA

GOES B747 13:32 GMT September 7, 2004 Reply   
fwiw...........DOX.N @ NYSE...!!!!

Lndn ron 13:28 GMT September 7, 2004 Reply   
Indonesia-Solo Raden Mas 09:44 GMT September 7, 2004
whe at 1.2104 .yes !!! I got the conclusion that eur/usd will go up to catch 1.2290 as the top area. keep buying is good


NO COMMENT

JAM MGW 13:26 GMT September 7, 2004 Reply   
What were the figures for UK IP? thanks.

Syd 13:24 GMT September 7, 2004 Reply   
AUD/USD: Running Into Option Related Offers Large 0.6950 Expiry 14.00hrs GMT EUR/USD 1.2100 Strikes Expire Today Also

Sydney Alimin 13:18 GMT September 7, 2004 Reply   
GOES B747 13:13 GMT September 7, 2004

yes, mainly australian equities though

Dallas GEP 13:15 GMT September 7, 2004 Reply   
USD/CAD looks rather sickly right now.

GOES B747 13:13 GMT September 7, 2004 Reply   
alimin,

do you have investments/playing in stocks ???


gt

Livingston nh 13:06 GMT September 7, 2004 Reply   
Melb ma- GBP/USD - Ind Prod and mfg. figures were well below expectations this morning // MPC decision Thursday maybe NO rate hike

JHB CDB 12:59 GMT September 7, 2004 Reply   
NYC PCM

Thank You, You made a great call. What is your view further on the EUR/USD?

Gen dk 12:54 GMT September 7, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

melb ma 12:54 GMT September 7, 2004 Reply   
hi new here, any idea on gbp/usd sell off?

Gen dk 12:51 GMT September 7, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Gen dk 12:36 GMT September 7, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Syd 12:31 GMT September 7, 2004 Reply   
The European Central Bank is no longer considering a rate cut, ECB Governing Council member Guy Quaden informed Market News International interview to be published today edition

GOES B747 12:22 GMT September 7, 2004 Reply   
imo, IF GBP/JPY will go under 194.35 and will remain there for three intraday sessions, lot of out sourcing orders will fill S-E Asia to make floor mats with GBP paper notes :-)
than, USD will follow to take Lizzy below 1.7000 as first stage.

as (almost) always, the japs. guts discover to everybody how to do things right/better.


gt

PAR 12:18 GMT September 7, 2004 Reply   
UK banks selling Euro to protect huge EURGBP 6825 option.

Gen dk 12:11 GMT September 7, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Sydney Alimin 12:06 GMT September 7, 2004 Reply   
GOES B747 12:03 GMT September 7, 2004

no worries mate, since morning my mindset for today has been hit and run, winning or losing is normal, nothing bad about it

GOES B747 12:03 GMT September 7, 2004 Reply   
alimin,

it looks that you are very shy with profits, do not be shy with good positions as they pay good and you do not have to close them so fast.

to make it clear, not being shy with profits is completely different than greed !!!

gt

GOES B747 12:01 GMT September 7, 2004 Reply   
Sydney Alimin 11:58 GMT September 7, 2004


very HOT peppers


gt

Sydney Alimin 11:58 GMT September 7, 2004 Reply   
GOES B747 11:52 GMT September 7, 2004

LOL that's for my gbp adventure today, what is "piri-piri"?

PAR 11:55 GMT September 7, 2004 Reply   
EURGBP 6825 DNT option defence is putting pressure on Euro.

GOES B747 11:53 GMT September 7, 2004 Reply   
quito_ecuador_valdez 11:24 GMT September 7, 2004

suoth-west of The Netherlands, you will feel at home here as your favorite kissing spot is welcome here :-)

gt

GOES B747 11:52 GMT September 7, 2004 Reply   
Sydney Alimin 11:23 GMT September 7, 2004

easy, go easy with that !!!
make sure you do not suffer from too much "piri-piri" side affects :-)

gt

Sydney Alimin 11:33 GMT September 7, 2004 Reply   
closing previous usd/jpy long too 109.73, good enough

Syd 11:29 GMT September 7, 2004 Reply   
Now this is radical by Nicole Elliott of Mizuho Corporate Bank

Technical Analysis - CHF
Comment: Traders have needed the patience of Job this year as most currencies have moved broadly sideways against the US dollar. The Swiss franc is no exception, although swings have been marginally more contained than in those currencies attracting more speculative flows. We continue to see this as triangle consolidation at these historically low levels, and as preparation for a concerted downside assault amid generalised US dollar selling. Downside targets are 1.2555 short term; 1.2375 medium term and then this year’s low at 1.2140. Our long term target remains at 1.1650/1.1500 and probably the all-time low of 1.1100 hit in April 1995

quito_ecuador_valdez 11:24 GMT September 7, 2004 Reply   
GOES B747// are U the other B747? Where on the globe is GOES amigo? Yer friend and mine, Valdez

Sydney Alimin 11:23 GMT September 7, 2004 Reply   
GOES B747 11:21 GMT September 7, 2004

yeah worth a try for several pips today....

GOES B747 11:21 GMT September 7, 2004 Reply   
Sydney Alimin 11:01 GMT September 7, 2004

do you mean that you consider to go LOBG GBP against major CCY ???


gt

Sydney Alimin 11:14 GMT September 7, 2004 Reply   
Budapest Daniel 11:13 GMT September 7, 2004

yeah mine is 1.7738, good luck to both of us

Budapest Daniel 11:13 GMT September 7, 2004 Reply   
I've entered @ 1.7756 and stop loss @ 1.7740. I hope it is tight enough :)

Gen dk 11:10 GMT September 7, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Sydney Alimin 11:08 GMT September 7, 2004 Reply   
sorry i mean 1.7752

Sydney Alimin 11:07 GMT September 7, 2004 Reply   
Budapest Daniel 11:04 GMT September 7, 2004

i am in 1.7852....tight stop loss ok?

Budapest Daniel 11:04 GMT September 7, 2004 Reply   
Sydney, I'm considering the same. Which will be your entry point? Do you wait the price to go down a lil bit more?

Sydney Alimin 11:01 GMT September 7, 2004 Reply   
B747: just closed at 1.2095, i need to focus on gbp, might consider going long soon

Ldn Viewer 10:57 GMT September 7, 2004 Reply   
Just back at Screens and see GBPUSD well lower , any reasons ,numbers etc ? TIA

Sydney Alimin 10:50 GMT September 7, 2004 Reply   
B747: keep the pedals moving mate! we are almost there...

Gen dk 10:41 GMT September 7, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Gen dk 10:35 GMT September 7, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Roumeli anka 10:26 GMT September 7, 2004 Reply   
usd... ready to go ?

http://www.ttrader.com/mycharts/display.php?p=26230&u=contrarian&a=contrarian%5C%27s&id=497

Gen dk 10:24 GMT September 7, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Los Angeles ss 10:20 GMT September 7, 2004 Reply   
Raden Mas -- what are your thoughts on GBP now at this level?

china 10:18 GMT September 7, 2004 Reply   

Here are forecasted highs and lows together with suggested buy and sell points for Aug .September 7, 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 1.2005 1.2118 sell 1.2100 1.1960/ 1.2150
2 GBP/USD 1.7700 1.7880 sell 1.7870 1.7500/ 1.7954
3 AUD/USD 0.6820 0.6980 sell 0.6980 0.6800/ 0.7000
4 USD/CHF 1.2600 1.2800 sell 1.2620 1.2580/ 1.2900
5 USD/CAD 1.2930 1.3080 sell 1.2970 1.2950/1.3200
6 USD/JPY 109.30 111.20 sell 109.70 108.90/ 111.80
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

GOES B747 10:16 GMT September 7, 2004 Reply   
hk ab 10:09 GMT September 7, 2004

no buyers for the goods that they make more and more...ABC (ab in your case :-)) of business..

when true sales are down, the only way that EU names can keep rosy paperwork is with CCY playing for their side...they will invest more in making CCY to play on their side than in trying to sell the goods for the markets that cannot pay at the moment.

gt

London 10:14 GMT September 7, 2004 Reply   
EUR/USD pushed through 1.2100 on buying from US investment house

Spr Noods 10:13 GMT September 7, 2004 Reply   
Summer hols are coming to a close in the US
Bikini watch is almost over Time to watch the screens
Strangely and as silly be open to breakout trades
it might be the opener to your Q4 happiness?

hk ab 10:09 GMT September 7, 2004 Reply   
GOES B747 10:02 GMT September 7, 2004
hk ab 09:58 GMT September 7, 2004

execess stocks...this is the current German story...!!!



Would you mind explaining further? :D

GOES B747 10:02 GMT September 7, 2004 Reply   
hk ab 09:58 GMT September 7, 2004

execess stocks...this is the current German story...!!!


gt

hk ab 09:58 GMT September 7, 2004 Reply   
London 08:37 GMT September 7, 2004
EMU: Strong July German Manufacturing Orders
German manufacturing orders rebounded strongly in July, up 3% M/M, reversing a 3.3% M/M decline in June. On a yearly basis, orders are up 7.4%. Economists expected a 1.5% M/M increase


No offence and just a joke, maybe they have missed the "negative" sign in front of the 3%......

GOES B747 09:56 GMT September 7, 2004 Reply   
Sydney Alimin 09:52 GMT September 7, 2004

take one now @ market and keep the order :-)

gt

Spr Noods 09:56 GMT September 7, 2004 Reply   
the OZ is really one worth mucking around for now
Im sure there must be a few chaps out there shorting the 0.6950 thereabouts today
with a stop as easy as 0.6985
The Oz is not exactly a one way up
no one dismisses the possibility that it might flush longs
take out a stake towards 0.6850-60 this week then hopefully a nice rally to last into next week?

Sydney Alimin 09:52 GMT September 7, 2004 Reply   
GOES B747 09:41 GMT September 7, 2004

i think you are right, i might miss it, ah stuff those 3 pips, i'll take what i see now....back after dinner

GOES B747 09:51 GMT September 7, 2004 Reply   
is there a special reason that no-one mentioned the new German ritual, "Monday strike/demonstration" that are running already for weeks?

German chiefs are not welcome among the people elected them; many are calling for DEM to come back in very loud and clear voices.
Some how, CCY traders (the sharks) have another agenda for the moment….POWER FOR THE PEOPLE !!!


gt

Indonesia-Solo Raden Mas 09:44 GMT September 7, 2004 Reply   
whe at 1.2104 .yes !!! I got the conclusion that eur/usd will go up to catch 1.2290 as the top area. keep buying is good.

Sydney Alimin 09:43 GMT September 7, 2004 Reply   
GOES B747 09:41 GMT September 7, 2004

LOL, yeah it is hard though going against the current flow...keep moving your pedals!

usd/jpy i am confident i will get it :) please have mercy on me

Budapest Daniel 09:41 GMT September 7, 2004 Reply   
GOES thanks for your comment

GOES B747 09:41 GMT September 7, 2004 Reply   
Sydney Alimin 09:36 GMT September 7, 2004

let's pedal the boat towards the same direction, normally it would work very fine.
it looks that you will miss the USD/JPY entry by 1pip...:-) (joking) :-)

gt

Sydney Alimin 09:36 GMT September 7, 2004 Reply   
GOES B747 09:33 GMT September 7, 2004

no stop loss yet, as i plan to add bigger size if it goes up to 1.2130/40 today, total stop loss then will be 1.2155

that was my first euro short position...no position prior to that one

GOES B747 09:34 GMT September 7, 2004 Reply   
*** correction ***

Budapest Daniel 09:24 GMT September 7, 2004

no, move up is a clear break of 1.2165 and staying above 1.2230-40 for more than 10 trading sessions - if not, than sub 1.1880/- will print sooner than later (even this week!).

gt

Sydney Alimin 09:33 GMT September 7, 2004 Reply   
will join you GEP if it goes down 3 more pips, set limit buy 109.60

GOES B747 09:33 GMT September 7, 2004 Reply   
Sydney Alimin 09:31 GMT September 7, 2004

good morning Boss,

where you place you s/l?
do you have running EUR/USD positions?


gt

KL KL 09:31 GMT September 7, 2004 Reply   
Well gbpusd is funny so out at 1.7827 +10 pips and eurusd out at 1.2099 from 1.2257....no idea why pound like this...still in hit and run mode

Sydney Alimin 09:31 GMT September 7, 2004 Reply   
i am trying a little portion of euro short at 1.2108...will see how it goes...initial target 1.2080

GOES B747 09:31 GMT September 7, 2004 Reply   
Budapest Daniel 09:24 GMT September 7, 2004

no, move up is a clear break of 1.2165 and staying above 1.2230-40 for more than 10 trading sessions - if not, than sub 1.8080/- will print sooner than later (even this week!).

gt

Dallas GEP 09:30 GMT September 7, 2004 Reply   
added some usd/jpy longs

PAR 09:30 GMT September 7, 2004 Reply   
Huge option on EURGBP at 6825 being defended could put pressure on Euro.

GOES B747 09:25 GMT September 7, 2004 Reply   
NYC PCM 09:17 GMT September 7, 2004

the most tricky point during SEP/04 seems to be at 3rd Fridsy of the month (17/SEP/2004).

since we are inside the 60days US pre-election frame, my sentiment goes towards test of 1.1750/- area and not towards 1.2250 area.

meanwhile today, GBP seems to enter the downside from now against all CCYS.

BUT, who knows :-)

gt

Budapest Daniel 09:24 GMT September 7, 2004 Reply   
GOES are you expecting the EUR/USD to move up further?

Dallas GEP 09:18 GMT September 7, 2004 Reply   
GOT out of pound shorts at BE

NYC PCM 09:17 GMT September 7, 2004 Reply   
GOES

It has a good chance of working I think. No question that cycles are on your side - the weight there is pushing hard down. I don't really see a serious retracement rally before the 3rd week of month (although there's a chance of a slight bump up around Friday).

also we're at the right kind of Fib retrace area of Fridays move down to start looking at shorts. I'll probably be joining you once we get some confirmation of a top.

Indonesia-Solo Raden Mas 09:13 GMT September 7, 2004 Reply   
hallo.. gbp/usd have touched 1.7792.buy level. be carefull.
see my archieve.

Bahrain Within 10 Pips (S/L = 10*Spread) 09:13 GMT September 7, 2004 Reply   
High Low
0.6960 0.6876

Budapest Daniel 09:12 GMT September 7, 2004 Reply   
Fine, I've bought EUR/USD @ 1.2060 and sold @ 1.2100. Now I'm short and I expect to go back to where it was or even lower... What a good day :)

GOES B747 09:11 GMT September 7, 2004 Reply   
short EUR/USD idea:

1/4 @ 1.2100 (market)
1/4 @ 1.2126
2/4 @ 1.2151
total s/l @ 1.2170
your comments are mostly welcome

gt

Bahrain Within 10 Pips (S/L = 10*Spread) 09:08 GMT September 7, 2004 Reply   
syd
High Low
1.2757 1.2646
for chf day

Bahrain Within 10 Pips (S/L = 10*Spread) 09:04 GMT September 7, 2004 Reply   
High Low
111.56 109.42
for the day

Gen dk 09:04 GMT September 7, 2004 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Sydney Alimin 09:03 GMT September 7, 2004 Reply   
usd/chf maybe heading to 1.24 handle IMHO, need more confirmation though

HK ARK 09:01 GMT September 7, 2004 Reply   
ANY DATA OUT IN U.K. AND EMU

Bahrain Within 10 Pips (S/L = 10*Spread) 08:58 GMT September 7, 2004 Reply   
High Low
1.7967 1.7597
Cable exp this week

Indonesia-Solo Raden Mas 08:58 GMT September 7, 2004 Reply   
Usd/JPY
Level sell :
109.91 (major)
110.19 (major)
111.15 (major)
111.36 (major)
Level buy :
109.73(minor)
109.63 (major)
109.54 (major)
109.16 (extreme)
108.53 (major)
108.27 (extreme)

Gold :
Level buy :
395.60 (major)
392.30 (major)
Level sell :
405.00 (major)
407.40 (minor)
414.00 (major)
415.20 (extreme)

Indonesia-Solo Raden Mas 08:58 GMT September 7, 2004 Reply   
Usd/CHF
Level buy :
1.2703 (minor)
1.2766 (major)
1.2784 (major)
1.2796 (major)

Level sell:
1.2653 (major)
1.2643 (minor)
1.2631 (major)
1.2538(major)
1.2436 (major)
1.2379(extreme)
1.2286 (major)
1.2186 (extreme)

Aud/usd
Level buy :
0.6935 (minor)
0.6914 (minor)

Level sell :
0.6960 (minor)
0.6981(major)
0.7027 (major)
0.7065 (major)
0.7111 (major)
0.7154 (major)
0.7485 (major)
0.7538 (major)

Indonesia-Solo Raden Mas 08:57 GMT September 7, 2004 Reply   
Important level
7 September 2004

GBP/usd
Level buy :
1.7803 (minor)
1.7792 (minor)
1.7765 (major)
1.7586 (major)
1.7548 (major)
1.7526 (major)

Level sell :
1.7859 (major)
1.7874(major)
1.7904 (minor)
1.7935 (major)
1.7972 (major)
1.8104 (major)
1.8263 (major)
1.8321 (major)
1.8346 (major)

Eur/usd
Level buy :
1.1714 (major)
1.1800 (major)
1.1934 (major)
1.2065 (minor)
1.2021 (major)

Level sell :
1.2109 (minor)
1.2118 (minor)
1.2131 (major)
1.2186 (major)
1.2286 (major)
1.2379 (extreme)

Bahrain Within 10 Pips (S/L = 10*Spread) 08:55 GMT September 7, 2004 Reply   
High Low
1.785068771 1.774909798
Cable Expected today

Bahrain Within 10 Pips (S/L = 10*Spread) 08:53 GMT September 7, 2004 Reply   
High Low
9/6/2004 5:00:00 PM Day 1.210357643 1.201485338
Got this for expection

Indonesia-Solo Raden Mas 08:53 GMT September 7, 2004 Reply   
usd/chf now is on selling rail way to get minimum 1.2653, but seem 1.2643 will be broken.

Indonesia-Solo Raden Mas 08:50 GMT September 7, 2004 Reply   
usd/chf
dange band is 1.2653,1.2643,1.2633, if show me 1.2622 good for thnking about target 1.2538 or 1.2436 if 1.2538 be broken and show me 1.2530. be carefull, buyers potential come when at 1.2538 or 1.2436.

NYC PCM 08:45 GMT September 7, 2004 Reply   
Morning all

EUR/USD

The alarm went off as we hit the 12090 area and woke me up (early here).

Theoreticaly this is the perfect spot to short (at 96 now) but let's see if it confirms.

Indonesia-Solo Raden Mas 08:45 GMT September 7, 2004 Reply   
seen aud/usd rest for 20 minutes from now before buying emotion come back again.

Indonesia-Solo Raden Mas 08:40 GMT September 7, 2004 Reply   
gbp/usd have get 1.7913 as the confirmation second test low before go to 1.7959.not to worry to keep buying possie.
focuse on 1.7959.

Bahrain Within 10 Pips (S/L = 10*Spread) 08:38 GMT September 7, 2004 Reply   
say for example;
Say I want to short Euro today...right?
I would place 10 orders (Mini) around 1.2190
each with say 10 pips diffrence.
1.2140 to 1.2240...say
I have saved about 50 pips instead of orders one regualr account at 1.2190

London 08:37 GMT September 7, 2004 Reply   
EMU: Strong July German Manufacturing Orders
German manufacturing orders rebounded strongly in July, up 3% M/M, reversing a 3.3% M/M decline in June. On a yearly basis, orders are up 7.4%. Economists expected a 1.5% M/M increase

Indonesia-Solo Raden Mas 08:31 GMT September 7, 2004 Reply   
caused by show me 0.6960 mean will ho 0.6985 as next resistant.

Bahrain Within 10 Pips (S/L = 10*Spread) 08:29 GMT September 7, 2004 Reply   
Guys I think even with a $100,000 account opening I think should open a mini.
can stratify orders say 10 pips each then cover the opposite way

Indonesia-Solo Raden Mas 08:29 GMT September 7, 2004 Reply   
The key level for eur/usd is 1.2118 or 1,2131, if show you 1.2120 mean will get 1.2131, and if show you 1.2136..mean tol free to get 1.2186. focuse in buy possie is more safety for today.

Bahrain Within 10 Pips (S/L = 10*Spread) 08:26 GMT September 7, 2004 Reply   
50 pips within 24 hours

Geneva 08:24 GMT September 7, 2004 Reply   
ACM dissappear?

Been working several months on ACM(Swiss) demo account. I always close all position before closing the browser. However, Few days ago, at the beginning of new day, i found there was a long position 800k GBP/USD, which i have never placed in the prior day before closing my internet explorer.

I just want to find out IF ANYONE has this kind of experience in REAL ACCOUNT?

By the way.....
Seems like the www.ac-markets.com website still down. Even their "sister" website like allforex.com and consul-international also down at the same time. Ping was alive several hours ago, but it's death totally at this moment. I tried to use proxy server in different places like canada, UK, saudi, china, etc... all not accessible.

Wonder if anyone facing the same problem? or the company no longer exist?

Syd 08:23 GMT September 7, 2004 Reply   
Bahrain Within 10 Pips (S/L = 10*Spread) hi whats your target on the Euro/Aus thanks

Indonesia-Solo Raden Mas 08:22 GMT September 7, 2004 Reply   
Normally if eur/usd suddenly move up fast to get testing level at 1.2118, from now.

Syd 08:22 GMT September 7, 2004 Reply   
AUD/USD O/N Covers RBA - Large 0.6950 Expiry

just taken out

Bahrain Within 10 Pips (S/L = 10*Spread) 08:18 GMT September 7, 2004 Reply   
Shroting more eur/Aus here.

Dallas GEP 08:15 GMT September 7, 2004 Reply   
Nope,,,,These possie sizes are only 1/3 the normal size I normally take becaUSE OF THE UNCERTAIN MARKET conditions` I will take another 1/3 normal size lot position if 109.55 is seen AND IF euro looks to be topped out

GOES B747 08:06 GMT September 7, 2004 Reply   
Dallas GEP 08:01 GMT September 7, 2004

you must be a fireman :-)
did you add at current levels?

gt

Indonesia-Solo Raden Mas 08:04 GMT September 7, 2004 Reply   
usd/jpy after touch 109.54 ideally move up to get nice top at 109.91 before go down below 109.54..ideally go to 109.16 as major bottom target.

Gibraltar PW 08:02 GMT September 7, 2004 Reply   
Indonesia-Solo Raden Mas
I had a poss targets for cble ard 1.7830 & 1.7850 and bec we have seen 1.7843 I decided the corrective run up was complete. Above 1.7960 cble cud get smelly, i dont have any resistance above there until 1.7910 min.

Dallas GEP 08:01 GMT September 7, 2004 Reply   
Nope I am still holding it

London 08:00 GMT September 7, 2004 Reply   
EUR/USD 1.2100 Strikes Expire Today - Barriers

Indonesia-Solo Raden Mas 07:59 GMT September 7, 2004 Reply   
also aud/usd seen have get nice support at 0.6931 to go 0.6959..top minor too and if show you 0.6965..please thinking about possible top at 0.6985.
let's see. !!

GOES B747 07:59 GMT September 7, 2004 Reply   
good morning GEP,

how it went with USD/JPY long from 110.08 ???
did you get rid of it on time?

gt

Dallas GEP 07:57 GMT September 7, 2004 Reply   
GBP IP data at 8:30 GMT. Expectations are that it will not be good

GOES B747 07:52 GMT September 7, 2004 Reply   
good morning,

UK data should trigger GBP/JPY to go below 195/- and further.
we will see within 2hrs :-)

gt

Indonesia-Solo Raden Mas 07:52 GMT September 7, 2004 Reply   
I hope not thinking sell for gbp/usd today..too risky.
I look 1.7810 is nice bottom to get 1.7859..(possible top minor)
confirmation to go there if show you 1.7832 soon.

Moskow 07:51 GMT September 7, 2004 Reply   

Reliable history data for trading system verification and precise technical analysis
Intraday data are presented since 1997

Indonesia-Solo Raden Mas 07:49 GMT September 7, 2004 Reply   
hello everybody..
I have nice numbers !! wait !!

Syd 07:44 GMT September 7, 2004 Reply   
LondonJoe Hi move over to UK have u , no more Tokyo Joe?

Yes agree when its at a 9yr low something has to give

Syd 07:42 GMT September 7, 2004 Reply   
Australian Dollar Higher As Bargain Hunters Move In
The Australian dollar climbed in Asian trading on Tuesday as feared heavy selling by hedge funds failed to materialize while local institutions sensed the currency was oversold dealers. National Australia Bank, said the central bank will be watching Wednesday's data extremely closely
Official interest rates have stood at 5.25% since December and the Reserve Bank in August adopted a bias to next raise interest rates warning it would be surprising if rates were not hiked again in the current cycle. Housing demand has been a center of interest rate policy for a year and any sign that the sector is rebounding will translate to pressure on rates to rise. The next major hurdle for the markets is employment data for August due Thursday
reuters.

LondonJoe 07:40 GMT September 7, 2004 Reply   
Syd 6.30 : BUY AUD/NZD into the RBNZ ... aud looks to be to be oversold and market is not pricing in much action from the RBA in the months ahead... positioning is all short of the cross so could see a decent bounce from here to 1.10 IMHO..

Gibraltar PW 07:37 GMT September 7, 2004 Reply   
Anyone fancy cble to test 1.77 today?

Beijing Laowen 07:13 GMT September 7, 2004 Reply   
hk ab 05:58 GMT September 7, 2004 //

ABN AMRO and US Investment house sold Usd/Jpy today from 109.75~60.

Gold Coast martin 07:04 GMT September 7, 2004 Reply   
Sing 06:58 GMT September 7, 2004
...after 31st of december another cycle starts..will decide whether bull or bear for the post december cycle in november...g/t....

Sing 06:58 GMT September 7, 2004 Reply   
Gold Coast martin
As we all know you are the biggest Aussie Bear in the world.. What are you expecting once Aud hits 57 on the 31st Dec ? back to 82 ? or down to 44 ? ( btw I note with interest censored has a 1.4000 Euro Target in the future )

Syd 06:30 GMT September 7, 2004 Reply   
It is possible the RBNZ will signals the next hike is likely the last causing possible reverse for the Kiwi , it looks like an accident waiting to happen at its highest since July 1995
there must be other ways to reign in the economy

Gold Coast martin 06:24 GMT September 7, 2004 Reply   
EUR at 1280 good level entre for a 2 day trade...target:11968..aud at 6940 level good day short for 6889.g/t

Syd 06:13 GMT September 7, 2004 Reply   
hk ab
agree, no move at all not worth speaking of however hold its own at present

hk ab 06:04 GMT September 7, 2004 Reply   
syd, to be fairly speaking, gold down from 402 to 400.x now. (all bid price) from asian morning.

Syd 06:01 GMT September 7, 2004 Reply   
Sydney Alimin gold up $4002 from $400 on my chart

hk ab 06:00 GMT September 7, 2004 Reply   
also dlr/cad will retrace today, matter is the magnitude and the next wave comes after BOC. Many speculating a 0.5% whisper.

hk ab 05:58 GMT September 7, 2004 Reply   
No matter where eur goes, (up or down) dlr/jpy and the yenny crosses cousin will be a South Park (path) today.

Sydney Alimin 05:58 GMT September 7, 2004 Reply   
ups, just noticed gold is down but euro is up..hmmm

Sydney Alimin 05:43 GMT September 7, 2004 Reply   
looks like 1.2080 euro held again

AUS trader 05:29 GMT September 7, 2004 Reply   
a soft USD plus good support from AUD crosses underpinning AUD/USD. daily close today above .6975 confirms major support from 3 month range low. next targets .7055-.7100

Sydney Alimin 05:29 GMT September 7, 2004 Reply   
let's welcome 1.7850 cable shall we?

Syd 05:27 GMT September 7, 2004 Reply   
hk mom we will probably see further downside first before correcting back towards 73 area , some are saying much lower for the aud but the only thing certain in this life is Death and Taxes .

Depending on how deep you pockets ... or revers at around 70 for lower until election is final ( Howard win Aussie will fly)

London 05:23 GMT September 7, 2004 Reply   
Damage From Frances Could Be $15 Billion
LINK

Gold Coast martin 05:23 GMT September 7, 2004 Reply   
Gold Coast martin 14:41 GMT August 26, 2004
GOLD COAST MARTIN 14:41 GMT August 17, 2004
USD/JPY 10950 area is BOJ revised area for august september.....be careful,,,,,g/t

The above info i received may confirm your thoughts...g/t

The above that was posted previously still applies....beware of JAPAN INC...G/T

hk mom 05:22 GMT September 7, 2004 Reply   
syd, how about mine one then? any hope?
hk mom 06:01 GMT August 23, 2004
GOOD, the aud move starts!
longed .7220!

Syd 05:20 GMT September 7, 2004 Reply   

Well done on that trade

wellington am 10:28 GMT September 6, 2004
Going long aud/usd from .6915 target .6965. Possible upside .71+

Syd 05:13 GMT September 7, 2004 Reply   
The AUD/USD opened the Asian session around 0.6920 after a
quiet U.S. holiday affected Monday session. The paring edged down to a low around 0.6916 where Australian corporates and model funds bought. The AUD/USD spent the rest of the day edging higher on the back of Asian buying, model fund
buying and decent AUD/NZD demand out of Tokyo. Small stops above 0.6935 were triggered, but sell orders at 0.6940 discouraged follow-through. Technical analysts note that the long-term trendline drawn from September 3, 2003 comes in at 0.6895 and has successfully held attempts lower this week. The daily slow stoch readings are starting to turn from extremely low levels and they warn that a correction towards 0.6985 might be underway while 0.6895 holds. The AUD/NZD moved up to 1.0700 on the back of Japanese buying and short covering ahead of the Australian Housing Finance number tomorrow and the RBNZ meeting Thursday. Analysts feel that the expected 25 bp hike by the RBNZ is built into the cross rate and if the Aus home lending numbers are strong the
RBNZ announcement could be a 'sell the rumour/buy the news' even
IFR.

Sydney Ge11Ja 05:04 GMT September 7, 2004 Reply   
Spr Noods 01:24 GMT September 7, 2004

Spr Noods is there any level you see as good resistance for AUD? I think this will turn out to be a sucker bounce for the die hard bulls and retrace quickly

KL KL 04:29 GMT September 7, 2004 Reply   
In now long eurusd 1.2057 sl 13 below looking for 1.2099...lets see how the bears beat this one down

Syd 04:11 GMT September 7, 2004 Reply   
Westpac tips better Budget outlook
Updated Budget figures are likely to show the economy is now in a better position than it was in May, Westpac global head of economics Bill Evans says.Prime Minister John Howard on Monday fuelled speculation the figures would show a windfall, saying it appeared the Budget outlook would be better than was projected at the time the Budget was brought down.Mr Howard said the healthy state of the books allowed the coalition to spend an extra $1.8 billion to boost Medicare rebates over the next four years, and still keep the Budget in surplus.In the May Budget, the government forecast a surplus of $2.4 billion in 2004-05 and $11.9 billion over the next four years, and Monday's announcements took its spending tally to $4.7 billion.Dr Evans said that all of the indicators pointed to an upgrade."In terms of the way the government's finances have been travelling, in terms of the published numbers, they appear to be travelling at better than we were expecting back in May," Dr Evans told reporters in Canberra."That gives one confidence that the numbers that we'll see announced on Friday will be better than the $4.6 billion that we saw in the Budget for 2003/04 and probably the $2.4 billion that the Budget was expecting in 2004/05."The final Budget figures for 2003-04 are also due for release soon
SMH

Syd 04:05 GMT September 7, 2004 Reply   
AUD sees early demand from local corporates, Asia.Model fund buys later take it up to 0.6934, yesterday's high. Light stops above taken out. Sellers just behind at 0.6945-50. More stops above 0.6960
ifr

HCM MI 03:55 GMT September 7, 2004 Reply   
Does anyone have a link which shows the relative correlation between pairs? Example, how many pips *should* USD/CHF move IF EUR/USD moves 100? I remember seeing a study like this, but it has slipped through my memory as to where it was seen.

Syd 03:15 GMT September 7, 2004 Reply   
NZD Capped by demand for AUD/NZD after 9yr low

Sydney Alimin 02:58 GMT September 7, 2004 Reply   
perhaps cable is ready to test 1.7850 if consolidation above 1.7820 continues

KL KL 02:57 GMT September 7, 2004 Reply   
Ok since so boring long gbpusd at 1.7817..looking for 45-55 pips above and sl 20 pips below.

Arlington Spen 02:44 GMT September 7, 2004 Reply   
wisconsin tim
yes, short term patterns that include weekends and holidays should be treated with caution.
Judging by the size of the daily bars , volume must have been 3 to 4-fold lower than normal for the last two days.

wisconsin tim 02:35 GMT September 7, 2004 Reply   
Arlington Spen

just a thought, but hourly/2 hourly consolidation signals over a "dead" period can't be real significant can they?

Arlington Spen 02:32 GMT September 7, 2004 Reply   
london chippie 00:16 GMT

what you described as a cup with handle, looks like a rectangle to me, judging by a 2-hour bar chart for USD/CHF
This pattern is supposed to be bearish.
I guess there are as many opinions as there are people :-)

Toronto sj 02:15 GMT September 7, 2004 Reply   
geneva 01:46 GMT September 7, 2004
anyone know if ACM still in business? their website still down....

Their demo site are still on. I can reach it from Canada.

quito_ecuador_valdez 02:11 GMT September 7, 2004 Reply   
geneva// the platform to which you refer is now (recently) part of R e p c o, a BIG BIG outfit, they are not out of business. Sometimes Internet backbones are the problem, not the individual servers...not saying this is the prob as I have no idea what is going on world wide or in Geneva. I can't get 'em from South America either.

geneva 01:46 GMT September 7, 2004 Reply   
anyone know if ACM still in business? their website still down....

wisconsin tim 01:46 GMT September 7, 2004 Reply   
tomorrow levels
Projections for 9/7/2004
Date Currency Close R1 Close S1 R1 High S1 Low
9/6/2004 AUDUSD 0.6954 0.6872 0.6956 0.6841
9/6/2004 EURGBP 0.6800 0.6759 0.6814 0.6758
9/6/2004 EURUSD 1.2107 1.2004 1.2117 1.1996
9/6/2004 EURYEN 133.24 132.14 133.65 132.06
9/6/2004 GBPUSD 1.7859 1.7694 1.7862 1.7650
9/6/2004 GBPYEN 196.50 194.77 196.63 194.41
9/6/2004 NDZUSD 0.6537 0.6455 0.6538 0.6419
9/6/2004 USDCAD 1.3014 1.2921 1.3038 1.2924
9/6/2004 USDCHF 1.2767 1.2653 1.2774 1.2650
9/6/2004 USDYEN 110.51 109.58 110.97 109.64

Provo John 01:27 GMT September 7, 2004 Reply   
london chippie 00:16, A valid equity formation that receives much ado (sometimes about nothing), generally of little to no value in fx.

Spr Noods 01:24 GMT September 7, 2004 Reply   
Just as indication of Stg's immediate direction
we've got a no of Private Clients all long and wrong
*what I'm saying inevitably once these chaps throw them out" its as good as golden?


Having a good laugh at FXOptions of one vendors
lets say its as good as reading a fat zero

110.10 Tokyo cuts are being talked of
1.2100 for the Euros 0.6910 for the Aussie some talk of large Eur/Aussie expiries today as well

a bit of relief for the Aussie but the sea is still not calm out there maybe the Cad would get some attention too The Hoover boys have spoken the BOC should comply?

Ldn 01:08 GMT September 7, 2004 Reply   
Swedish man bewildered over British parking ticket
A Swedish man says he has received a ticket for illegally parking his snowmobile in Great Britain - even though the vehicle has never left Sweden. Krister Nylander says he has been ordered to pay a $160 fine for a parking offence allegedly committed in the central English town of Warwick last June.But he insists his snowmobile has always been parked in his barn in Sweden. Mr Nylander says he was last in Britain 16 years ago during the northern summer, when, he says, the conditions for snowmobiles did not seem particularly good.

Typical

Syd 01:04 GMT September 7, 2004 Reply   
Australian Economy In Good Shape In 3Q - ACCI Survey

london chippie 00:16 GMT September 7, 2004 Reply   
thanks ltn th ..gv --will bear in mind.

Cup with Handle A bullish chart pattern that marks a consolidation period followed by a breakout. The "cup" part of the pattern resembles a rounding bottom, and is followed by a "handle" that acts as a final consolidation before a breakout.

anyone have more info on this chart formation ....re:usd/chf 1hr

Bahrain Within 10 Pips (S/L = 10*Spread) 00:16 GMT September 7, 2004 Reply   
GA TJ 20:25 GMT September 6, 2004
///
I guess have to ask Jay for my email.

Bahrain Within 10 Pips (S/L = 10*Spread) 00:01 GMT September 7, 2004 Reply   
I guess the only Buy I have from this file now for 24 hours is GBP/JPY @ 25% risk

Ltn th 00:00 GMT September 7, 2004 Reply   
Syd//
That is why I posted the APEC links which I mucked up. Here they are again hopefully right.
Ministers statement
Details