Forex Forum Archive for 01/19/2007

AZUSA 4X-ed 23:50 GMT January 19, 2007 Reply   
pd cumino 21:32 GMT January 19, 2007
Dublin Flip 17:27 GMT January 19, 2007
Also (Cumino mentioned the level earlier) 49.85 is 200 Week (4 year) average.

Tempted to toss a 432.5 monthly average for a crossover and in the process gain the envy of any true trend follower ;)

pd cumino 21:32 GMT January 19, 2007 Reply   
AZUSA 4X-ed 21:08 GMT January 19, 2007
What 200 w are you referring please? can you elaborate? Tx

AZUSA 4X-ed 21:08 GMT January 19, 2007 Reply   
Como Perrie 21:51 GMT January 18, 2007
I see you are still fair and objective in an otherwise corrupt environment. Forgive me for having missed your question; the answer is no.

Pd cumino, just cannot pass this up... is that 200-week average a statistic or a new form of technical analysis;-)?

london phil 20:23 GMT January 19, 2007 Reply   
Lahore FM 13:21 GMT December 19, 2006
squared gbpusd short 1.9652 at 1.9610 in full for 42 pips.might reshort higher.

from today onwards i will not be contributing on the forum for personal reasons.will close my posted positions suitably but would not be posting about it.

Manchester SA 20:07 GMT January 19, 2007 Reply   
Anyone know where 'Lahore' is these days???

Not seen any of his posts for some time........is he on vacation?

Atlanta South 19:33 GMT January 19, 2007 Reply   
Ref 17:20/ 9760-65 held & its down for now. 9730-20
should offer a support barrier followed by 9710-15 for the
short term. Out for the day. Gt/Gl to all.

lugano fc 18:51 GMT January 19, 2007 Reply   
closing my long crude, and some of usd short just to cash profit and have a safe weekend keeping only the short sp500 (but this is not a daytrading position...more a 1-2 weeks position)

will again collect some long crude again next week. and of course will reopen the shorts against usd,

from my holiday in white finnland wish you all a happy weekend

Gen dk 18:34 GMT January 19, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Caribbean! Rafe... 18:23 GMT January 19, 2007 Reply   
Como Perrie 18:04 GMT January 19, 2007

good to see your still around ...

Como Perrie 18:04 GMT January 19, 2007 Reply   
CT Cris 17:02 GMT January 19, 2007
You did not coused me any pain, am just annoyed by the noise selfish posts of yours. Nonetheless the disguising tactics to proove your ego and trap the beginners here.

Get a life, this is not for you

Toronto MRC 17:55 GMT January 19, 2007 Reply   
ANyone buying usdcad at these levels? Starts to look good to me.

Gen dk 17:40 GMT January 19, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Toronto MRC 17:31 GMT January 19, 2007 Reply   
Cannes Oil man 17:21 GMT January 19, 2007

Have a good weekend.

Gen dk 17:23 GMT January 19, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Cannes Oil man 17:21 GMT January 19, 2007 Reply   
Well off this time for good, cashing the first $chf , leaving highest open..

Cashing half gbp$ from 1.9710 , stops to entry on rest.
good weekend.

Vancouver Mike 17:20 GMT January 19, 2007 Reply   
Dallas GEP 17:08 GMT // Why such a wide stop, i.e. 100 pips? I would humbly suggest a stop and reverse if it gets above 9830 or so, because if it does, it is going to 2.0000, IMHO.

Atlanta South 17:20 GMT January 19, 2007 Reply   
Ref Gbp/Usd..if 9765-70 holds it should be down from there.
Not a recommendation, just by view based on the method I
currently use.

Gen dk 17:12 GMT January 19, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Dallas GEP 17:08 GMT January 19, 2007 Reply   
Kevin, I like the gbp short order. I believe currently that GBP is a sell on rallies when near this level. Order is in to sell at 9780. Target 1.9685, stop 1.9880. Out for now.

Caribbean! Rafe... 17:07 GMT January 19, 2007 Reply   
Caribbean! Rafe... 15:23 GMT January 19, 2007
euro:

watch out watch out watch out!!!!!!

moves can go either way because euro wants to break out of the monotonous range... so hence it's banging both ways to see which side gives... since the downside has not yet broken down completely we can run to the upside and then test the lower side of the ranges close to the end of the day or probably early mid next week provided we have an uneventful next week...

Madrid mm 17:06 GMT January 19, 2007 Reply   
good "grinding" lesson for a friday afternoon !! lol

CT Cris 17:02 GMT January 19, 2007 Reply   
ldn mahmood 12:19 GMT January 19, 2007
CT Cris 12:00 GMT / Hope you mean that. Como Perrie is right - you're nothing but a fake. Get a life joker!

=================
I am very sorry Mahmoud , I dont know that my calls caused
the pain for you and Perrie.
and thank you for your nice call you posted here in which you said cable in sideways between 19760 and 19700.

warsaw TOMi 16:58 GMT January 19, 2007 Reply   
yes, ofcourse catt.

to dr unken katt 16:57 GMT January 19, 2007 Reply   
warsaw TOMi
any opens
i sense corection down tp 9490 cablovitz
short taken

HK Kevin 16:55 GMT January 19, 2007 Reply   
For today, I just entered a very small long EUR/GBP position at 6561 with tight stop below 6650. Also limit order to sell Cable at 1.9785

warsaw TOMi 16:55 GMT January 19, 2007 Reply   
rafe, so far retreat, will attack from higher lvls early next week.

HK Kevin 16:50 GMT January 19, 2007 Reply   
"Look like today's still a range market. Happy for nimble traders both who are bullish or bearish on dlr.

Madrid mm 16:42 GMT January 19, 2007 Reply   
Los Angeles Mojave 16:10 GMT January 19, 2007

...and so you should be proud .... But don t lose it !! 8-)
g/l n g/t

ps - getting in a position is the easy part. Getting out of it is the hardest !!!

Gen dk 16:32 GMT January 19, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Los Angeles Mojave 16:29 GMT January 19, 2007 Reply   
Potential double top against august 1998 high of 240.89. the dips (238.95 early this AM for me here in California) are steep --- the recovery is like watching a Rocky movie.

UK Alex 16:29 GMT January 19, 2007 Reply   
Rumour of a bid being mada for a European bank.

Cannes Oil man 16:29 GMT January 19, 2007 Reply   
Euro will try to break 1.30 before close.

Caribbean! Rafe... 16:27 GMT January 19, 2007 Reply   
Euro needs to breach 12890 then we can go for lower levels like 12834.. then head lower to 126 125 etc..... but lower targets are on a longer time frame.

Dallas The Paw 16:20 GMT January 19, 2007 Reply   
despite dips, this GBP/JPY keeps coming back --- double top ahead or crash?

I'm positioning now at 239.60 for double top. It's completely against the trend, i know i know. fantastic r/r tho. Surprise of next week is the yen crosses will retrace.

hk ab 16:13 GMT January 19, 2007 Reply   
who is the rumoured buy for gold, silver and crude today?....
too much bets on one side made the lever tilted?

Caribbean! Rafe... 16:13 GMT January 19, 2007 Reply   
Los Angeles Mojave 16:10 GMT January 19, 2007

be kind if you don't give some profits back to stg/yen, god will take money from somewhere else... money is like sand the more you grab it the more it slips out of your fist.

Los Angeles Mojave 16:10 GMT January 19, 2007 Reply   
Rafe and Madrid --- despite dips, this GBP/JPY keeps coming back --- double top ahead or crash? my first long trend trade of my career -- wherever Lahore is he would be proud of my deviation from my normal day trades. way ahead for the week and of course i don't want to give any back.

Gen dk 16:08 GMT January 19, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Gen dk 15:59 GMT January 19, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Caribbean! Rafe... 15:57 GMT January 19, 2007 Reply   
GBP/JPY- 243.04, 245.83 target.

Gen dk 15:54 GMT January 19, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Madrid mm 15:52 GMT January 19, 2007 Reply   
Los Angeles Mojave 15:28 GMT January 19, 2007

I can not really comment on your position, i only hope it goes your way and that you make some $$$$$$$$$ !!

gl/gt

to dr unken katt 15:51 GMT January 19, 2007 Reply   
next week correction cable down to 94**

Caribbean! Rafe... 15:43 GMT January 19, 2007 Reply   
warsaw TOMi 15:25 GMT January 19, 2007

well where I am now, the moon is already out, had dinner, getting ready to sleep...

Don't worry new usd lows between now and next week... only about 2 more weeks to go before month end....

warsaw TOMi 15:34 GMT January 19, 2007 Reply   
RIC fxq 15:32 GMT January 19, 2007
I know I know,just smiling cos I wud love to SAR and buy with them at around 80 pips lower than now..lol

RIC fxq 15:34 GMT January 19, 2007 Reply   
4cast:

Fri Jan 19 10:05:00 2007(EST)

* 19 Jan 07: 15:05(LDN) - FX NOW! EUR/USD, USD/JPY Flows - Univ of Mich preliminary CSI stronger than expected USD up

Univ of Mich CSI, the preliminary number, was stronger than expected at 98. Analysts had expected to see a number closer to 91. EUR/USD used the stronger than expected data to send prices down through 1.2930, eliminating any of the remaining bids at 1.2035-40 supposedly coming from a supranational institution. After the weeks string of solid US data, it should not surprise the market to see USD end the week trading toward its highs. M.B.

RIC fxq 15:32 GMT January 19, 2007 Reply   
warsaw TOMi 15:21 GMT

personally i believe 90% of the reports of cb'c/suprantionals/soveriegns are market noise and IF they are in fact buyers or sellers of a unit then it is for a purpose that is much longer term than we would think. Since their intent in buying/selling a particular unit is to redistribute assets, then stops would not be an issue for them. IMHO at least.

Los Angeles Mojave 15:28 GMT January 19, 2007 Reply   
Madrid mm -- good morning. i'm still in my long GBP/JPY from 239.59 for that long ride up, but last night the train wrecked --- we dipped to 238.95. down 22 at this moment, may consider exit soon with dollar strengthening.

warsaw TOMi 15:27 GMT January 19, 2007 Reply   
9710 bid seems to be hard.. ehh

Vancouver Mike 15:25 GMT January 19, 2007 Reply   
Rafe, do you see euro testing 1.2880?

warsaw TOMi 15:25 GMT January 19, 2007 Reply   
oh rafe,do you think we can reach this 2850 by moonlight tdy..?

Caribbean! Rafe... 15:23 GMT January 19, 2007 Reply   
euro:

watch out watch out watch out!!!!!!

Madrid mm 15:21 GMT January 19, 2007 Reply   
following my previous post, Sorry for the typo. FU#@$@#$%@% keyboard !!! lol
IMHO Friday afternoon are notorious for being volatile simply because it is....friday afternoon !!!

warsaw TOMi 15:21 GMT January 19, 2007 Reply   
RIC fxq 15:08 GMT January 19, 2007

any idea where the may put their stops..?

Madrid mm 15:18 GMT January 19, 2007 Reply   
Los Angeles Mojave 14:58 GMT January 19, 2007..

I do not know. It means different things to different people. I would imaging you are right, but there are to put into the equation

IMHO if the number is closed to the concensus, should not make a big move in the market.
But being friday afternoon, action will be coming more from actors closing their weekly books than anything else.

Again all IMHO, and expect the unexpected and take complete responsability for your trading 8-)

RIC fxq 15:08 GMT January 19, 2007 Reply   
LKWD JJ 15:07 GMT

no, time for "sovereign"/central banks on the bid in EUR and GBP :)

LKWD JJ 15:07 GMT January 19, 2007 Reply   
sell the rumor buy the news for majors vs usd.?

Gen dk 15:05 GMT January 19, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Los Angeles Mojave 15:04 GMT January 19, 2007 Reply   
Consumer Sentiment actual 98 CNN reports

Philadelphia Caba 15:02 GMT January 19, 2007 Reply   
Mich 98.0

Vn MS 15:02 GMT January 19, 2007 Reply   
15:00 US- Jan U of M sentiment (see 92.3 vs. 91.7)

U of M Sentiment = 98

to dr unken katt 14:58 GMT January 19, 2007 Reply   
yo !mich number in minutes

Los Angeles Mojave 14:58 GMT January 19, 2007 Reply   
Madrid --- a Consumer Sentiment actual of 95 or higher i read as dollar positive, below 89 bearish -- is that about how you see it?

warsaw TOMi 14:48 GMT January 19, 2007 Reply   
Cannes Oil man 14:43 GMT January 19, 2007

am long since this morning at 2459, we can match at 2500 square for weekend :) good to ya!

Cannes Oil man 14:43 GMT January 19, 2007 Reply   
I m off for the weekend , actually just came back to give this $chf a few clicks, anyways , this looks ready for a good $ down day, haven't been one for awhile.

Good weekend everyone.

Philadelphia Caba 14:35 GMT January 19, 2007 Reply   
Philadelphia Caba 02:24 GMT January 18, 2007
have eur/chf short order at 1.6150 with s/r at 1.6200, t/p 1.5950-6000 there's double top at 1.6175

added one short at 1.6180, canceled s/r and moved manual stop to around 1.6240

although chf followed jpy weakness after BOJ this week, there's no reason to believe that SNB will stay well behind ECB with int. rates bias

Madrid mm 14:34 GMT January 19, 2007 Reply   
fwiw -
Consumer Sentiment (p)
Released on 1/19/07 For Jan 2007
Sentiment Index, Level
Consensus 92.5

Definition
The University of Michigan's Consumer Survey Center questions 500 households each month on their financial conditions and attitudes about the economy. Consumer sentiment is directly related to the strength of consumer spending. Consumer confidence and consumer sentiment are two ways of talking about consumer attitudes. Among economic reports, consumer sentiment refers to the Michigan survey while consumer confidence refers to The Conference Board's survey.

bloomberg.com

Cannes Oil man 14:33 GMT January 19, 2007 Reply   
sold $chf 1.2505 (along yesterday's 1.2540), have still have $y 121.40 and added 121.19.

gl gt

RIC fxq 14:33 GMT January 19, 2007 Reply   
madrid - LoL!

Madrid mm 14:31 GMT January 19, 2007 Reply   
PAR 13:27 GMT January 19, 2007
Funny and strange world , isn't it ?
lol

Madrid mm 14:29 GMT January 19, 2007 Reply   
Maybe time to meditate !!! ??

Madrid mm 14:28 GMT January 19, 2007 Reply   
RIC fxq 14:10 GMT January 19, 2007

hedgy feet
sweety palms, fingers and mouse !!! lol

Heart beat moving up !!! 8-)

hong kong nt 14:10 GMT January 19, 2007 Reply   
PAR 13:27 GMT January 19, 2007

However, Toyota and Sony are making record profits...

RIC fxq 14:10 GMT January 19, 2007 Reply   
suddenly strangely quiet here today!

PAR 13:27 GMT January 19, 2007 Reply   
Nikkei made its high at 40.000 in 1991 and while most world stock markets are now at record highs the Nikkei is at 17.000 thanks to the fantastic monetary policy of the BOJ . No wonder capital outflows are talk of the day in Japan .

Napoli DC 13:23 GMT January 19, 2007 Reply   
From Credit Sui

Expect some congestion as the 1.2890 up trendline and 1.2965 down trendline converge in EUR/USD. A close below the 1.2860 up trendline remains key to lower territory.

A firm close is a positive but we need to see the 156.15 area closed above to suggest a move into higher territory will develop in EUR/JPY.

The close just below 1.9700 in GBP/USD hints of higher territory if the 1.9650 support area goes untested near term. Below 1.9600 remains key to lower territory.

The failure to overtake the 121 zone into Friday will weigh on USD/JPY

LDN 12:51 GMT January 19, 2007 Reply   
Chatham, very well said.

Chatham 12:50 GMT January 19, 2007 Reply   
Syd 12:37 I happen to agree with JP Morgan on this one, FWIW. I have been bearish CAD for quite some time now, and I also agree that a break of 1.1800 in USD-CAD would be a significant day for CAD bears. Currently we are long GBP-CAD, which has been working reasonably well. AUD-CAD needs to break through 0.9300 to really get interesting. So although we are CAD bears, we are lightly positioned at the moment. GT

Chatham 12:38 GMT January 19, 2007 Reply   
Ah well...the market teaches us all humility if we stick around long enough. I have been around this forum for a few years now, and the ones who have contributed the most to my trading results have been the ones who humbly and intelligently offer their view. We need to be reminded that the primary purpose of this forum is to help one another make money in a consistently difficult market. Have a good day, guys.

Syd 12:37 GMT January 19, 2007 Reply   
JP Morgan is a big fan of selling CAD. Against the USD the bank is looking for a break above 1.18 over the next couple of weeks and would buy pullbacks. Against the Euro JPM is looking for new highs through 1.55 and would buy dips, with only a move below 1.5075 proving this idea wrong.

Mumbai NS 12:36 GMT January 19, 2007 Reply   
Nice one

Spotforex NY 12:29 GMT January 19, 2007 Reply   
Market finds a way to use its 'bunker busting' bombs to get us....

NYC 12:19 GMT January 19, 2007 Reply   
Feels like one of those Friday's to stay in the bunker.

ldn mahmood 12:19 GMT January 19, 2007 Reply   
CT Cris 12:00 GMT / Hope you mean that. Como Perrie is right - you're nothing but a fake. Get a life joker!

NYC 12:19 GMT January 19, 2007 Reply   
Feels like on of those Friday's to stay in the bunker.

CT Cris 12:00 GMT January 19, 2007 Reply   
Como Perrie 11:54 GMT January 19, 2007
===
I am not intrested in a person like you to follow my call ,
so I took a deciesion yestrday to stopp posted my calls.

Como Perrie 11:54 GMT January 19, 2007 Reply   
CT Cris 11:50 GMT January 19, 2007
you are excellent in rethorics and falsification as far as I see. for the rest is very difficult for me to follow you since am looking here just coupla times a day or a week It deepence from the work I have to do on my own. maybe you can explain to your grand ma how good you are you small mistra i know it all boy.. get some milk and grow

warsaw TOMi 11:52 GMT January 19, 2007 Reply   
so far 9710 represents a good deamand for sterling,will book some profit on an eventual shoot up .

Melbourne Qindex 11:51 GMT January 19, 2007 Reply   
USD/JPY (Daily Cycle) : ... 120.70* - 120.87 // 121.04 - [121.21]* - 121.38 // 121.55 - 121.72* ...

CT Cris 11:50 GMT January 19, 2007 Reply   
Como Perrie 11:42 GMT January 19, 2007
CT Cris 11:33 GMT January 19, 2007
======
that proof you are the first one whom follow my call.
and what you said is completely wrong...just read the archeive again.

LDB LDN 11:42 GMT January 19, 2007 Reply   
Mirdiff Mike 11:04 GMT January 19, 2007 - suggest spending some time here and you will quickly see who is credible. Those who are credible do not have to toot their own horns.

Como Perrie 11:42 GMT January 19, 2007 Reply   
CT Cris 11:33 GMT January 19, 2007

CT you must live on Mars. Yesterday on US CPI you completely missed. You started talking buy far above 1.97 to add at 1.97 the to add 1.9680 the to add again lower and then finally market corrected and you have still the courage to tell you got It. C mon buy a playstation, this is not for you

Como Perrie 11:39 GMT January 19, 2007 Reply   
U.K. J.B 11:27 GMT January 19, 2007

Yeap that move from yesterday was excellent, me was larger oritent for the time being and still I am. But cable cashed above 97 the last lot I had from earlier the month. So flat there and am looking to start some short term plays maybe into next week. Did some earlier but mostly even as for the intra pippologies mindset for which am not fully focused at current, as this market looks yet bit strange to me as the whole. 1.9850/80 caps the upside as far as I see and am mumbling we are going to be set into a wider short term trading range cable talking into next wednesday where the BOE minutes will be released. In between I'll maybe look at It, cable talking very short term or use the whole as a hedging mode between pairs. Dunno as of yet as went into reduction mode and gotta see how to set the whole.

all in all It looks to me this early friday market might be good to have some relaxing time in pubs.

have a good one
bi

CT Cris 11:33 GMT January 19, 2007 Reply   
canmore cyclops 11:21 GMT January 19, 2007
CT Chris
On scale of 1 to 10, 10 being expert on forex markets, where would you place your self, if I may ask?

==========
I am out of this scale , cause I can give the movement of the
market b4 data ,and noone can do.

U.K. J.B 11:32 GMT January 19, 2007 Reply   
Thanks London, I am off now for the week-end all the best

Melbourne Qindex 11:32 GMT January 19, 2007 Reply   
GBP/USD : The current expected trading ranges from my 3-day cycle reference is 1.9575 - [1.9666] - 1.9756 - 1.9801. Short position can be opened as long as the market is not trading above 1.9801. A projected resistant level has been established at 1.9765 - 1.9770.

London 11:30 GMT January 19, 2007 Reply   
From Global-View archive:

U.K. J.B 16:41 GMT January 17, 2007
i think these are excellant levels from a r/r point of view to short cable between 1.9700/50 for a look at 1.95+ by late Friday early next week. GL/GT

Global-View Research 11:28 GMT January 19, 2007 Reply   
Worth a read:

Mellon FX Daily

Melbourne Qindex 11:27 GMT January 19, 2007 Reply   
GBP/USD : Speculative selling pressure will increase when the market is trading below 1.9666*.

U.K. J.B 11:27 GMT January 19, 2007 Reply   
Como Perrie 11:10 GMT January 19, 2007

Thanks for your comment. I have trouble using the archive so i think i said stg a sell between 1.9700/50. For me it is all about finding your comfort zone. I try and factor in the herd view we all know the cb's are playing this market so i look for value. I think i may have mentioned, expect dollar weakness early part of the week followed by a dollar recovery on Friday and into next week. We have had a nice trading range in stg for my trading style, especuially with the move down to 1.9640 in stg. So my next value trade as mentioned is for the aussie dollar to weaken. GL

canmore cyclops 11:21 GMT January 19, 2007 Reply   
CT Chris
On scale of 1 to 10, 10 being expert on forex markets, where would you place your self, if I may ask?

CT Cris 11:14 GMT January 19, 2007 Reply   
Mirdiff Mike 11:04 GMT January 19, 2007
===
soory..you are new..we are used.

Auckland trotter 11:12 GMT January 19, 2007 Reply   
Mirdiff Mike 11:04 GMT January 19, 2007
CT Cris.Why do u have to get irritated.I said I was new here and apologised.
Auckland trotter 11:03 GMT January 19, 2007


Welcome to the forum, especially on a Friday - when psychological reasons could answer this.

Como Perrie 11:11 GMT January 19, 2007 Reply   
mind the vovels yet switching helmet in between languages and my fingers are not so fast to get the correct printing so ofteen. low etc. on earlier

Como Perrie 11:10 GMT January 19, 2007 Reply   
U.K. J.B 10:57 GMT January 19, 2007
Hi JB..actually the question was for 4x. Me as well not here so ofteen as the too many opinions are in general disuising. Am looking at the forum more as to a small briefing in progress room, but at times this is not what It is.

Ref yours on cable as from coupla days ago I posted earlier that to be clearly confirmed must take out yesterday's law. In between this is a complex near highs developing pair and difficult to trade imo.

Let's see next meeting in february by BOJ and the Fed rates and statment as well regarding your earlier. We had already a minor carry crashy enviroment early the year and things now looking back normal. Seen around as well some media trying to link oil to dollar bullishness, so will maybe play those small guys as am yet classic here looking oil and usdcad and lower oil to me is lower inflation and rates, but takes months to offcial stats to notice anything.

So far will stay very light around here, have a good w/e

bibi

Mirdiff Mike 11:04 GMT January 19, 2007 Reply   
CT Cris.Why do u have to get irritated.I said I was new here and apologised.

Auckland trotter 11:03 GMT January 19, 2007 Reply   
Mirdiff Mike 10:43 GMT January 19, 2007
I look at this forum to learn and share information and understanding. Don’t be put off by negative comments.

Glgt

CT Cris 11:02 GMT January 19, 2007 Reply   
Mirdiff Mike 10:30 GMT January 19, 2007
====
if you have an answer , will you follow it or not.
if you followed it and made good profit , are you say thank or
attack ?

PAR 10:58 GMT January 19, 2007 Reply   
With deteriorating Iraq situation expect UNIF of Mich to show an unexpectedly sharp decline .

U.K. J.B 10:57 GMT January 19, 2007 Reply   
Como Perrie 10:19 GMT January 19, 2007

Sorry did u ask me a question ?? i dont spend to much time here on the Forum, apologise if i ignored u..

Auckland trotter 10:50 GMT January 19, 2007 Reply   
For this session I see the level around 1.2958 being a pivotal one on various charts - up or down from here. But I see up.

madrid mm 10:49 GMT January 19, 2007 Reply   
Mirdiff Mike 10:43 GMT January 19, 2007

no worries !!!!!! 8-P

if we knew that we would all be so RIIIIIIIIIIICH !!!!

Mirdiff Mike 10:43 GMT January 19, 2007 Reply   
Sorry.i am just a beginer.didnt intend to goof up.apologies.

jkt-aye 10:42 GMT January 19, 2007 Reply   
Gecko 08:12 .... thanks for your help. sorry for late reply. gtgl

madrid mm 10:37 GMT January 19, 2007 Reply   
Mirdiff Mike 10:30 GMT January 19, 2007
fwiw

Don t take it badly, but if you are a trader, this is the wrong question to ask....IMHO

the questions shoud be -if i take a position on the Euro/USD
1/ how much am i ready to lose ?
2/ how much am i ready to make ?
3/ is my MM in place ?
4/ do i have a plan ?
5/ etc...

8-)))))

Mumbai NS 10:37 GMT January 19, 2007 Reply   
Dr Q gud day sir waiting for ur post on cbl if possible please.

Como Perrie 10:35 GMT January 19, 2007 Reply   
the earlier cable spike into 1.9770 has had huge sellers working into, but might have been just reduction of net cable long holdings from previous weeks

Mirdiff Mike 10:34 GMT January 19, 2007 Reply   
lol.

Como Perrie 10:30 GMT January 19, 2007 Reply   
Mirdiff Mike 10:30 GMT January 19, 2007

:)) the million dollar question this one

Mirdiff Mike 10:30 GMT January 19, 2007 Reply   
Do we see the dollar going up or down later today.pls advice

Como Perrie 10:21 GMT January 19, 2007 Reply   
maybe eurgbp might get interesting if starts showing around the upper figure an eventual correction ..largerly talking o.c.

Como Perrie 10:19 GMT January 19, 2007 Reply   
UK JB makes think your last. So far this friday might also be a non event day with some at least partial profit taking of overall positioning seen from earlier the days/weeks. Very complex to me and will stay mild ahead. This cable as said earlier posts has yet both ways open and stays far from any confo that the pair has moved out of Its tossy higher established range. There s no big from the datas today, the bigger we just seen on cable. Michigan is last release of the same so usually a non event this one. There's a meeting in Budapest of the ECB members and so on. My choice was to stay hedged trough asean and just reduced the whole bit earlier.

Btw 4x ..scroll posts back for a small question from earlier after nyc closing

warsaw TOMi 10:01 GMT January 19, 2007 Reply   
Athens MK 09:55 GMT January 19, 2007

first 9710.

Gen dk 09:57 GMT January 19, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Athens MK 09:55 GMT January 19, 2007 Reply   
GBP/$: Price action needs to break and close below 1.9688 to continue the move downwards.....

Auckland trotter 09:50 GMT January 19, 2007 Reply   
Dublin Flip 08:29 GMT January 19, 2007
Don’t hold your hopes out.

la fxt 08:17 GMT January 19, 2007
It appears you are running a scam.

Jay, why haven’t you stopped this?


Warning:

The trades you place are your responsibility, you can’t blame anyone else for them.

Previously on the forum there have been postings of those that have followed target figures and lost a lot of money.

Understand your trades. The way a particular person trades may not be the way you trade, so therefore certain criteria of the trade is missed.

For example: I post for criticism and feedback to learn. I do not give every detail of my trades, as I am sure the forum would not appreciate an essay. Sometimes I take a profit before the target figure I posted, because of the current market conditions, etc.

warsaw TOMi 09:49 GMT January 19, 2007 Reply   
Austin gw 09:45 GMT January 19, 2007

thx gw, will be super when close in profit, rarely using limits ofor cable entry, rather for tp.. hit the bid when I see it impulsevily or take an offer from market when planning the other way round..
gl/gt

Austin gw 09:45 GMT January 19, 2007 Reply   
warsaw TOMi 09:33 GMT January 19, 2007

Austin gw 09:45 GMT January 19, 2007 Reply   
Was that a Limit or Market order?
Within 1 pip of current high. Super trade!

warsaw TOMi 09:43 GMT January 19, 2007 Reply   
cable stop to entry.

warsaw TOMi 09:37 GMT January 19, 2007 Reply   
hi ab, thanks for info, gl on yr trade, haven't got a clue for direction in usdyen at mom, shud be up 8)

san miniato ab 09:34 GMT January 19, 2007 Reply   
Hi TOMi, good day whats abt usd yen here my frd?
im personally long at 121,30 sl 120,70 tp 121,90

san miniato ab 09:33 GMT January 19, 2007 Reply   
english retail sales + 1,1 m/m and + 3,7 y/y think boe has to raise again soon!!

warsaw TOMi 09:33 GMT January 19, 2007 Reply   
short cable 9771 stop 9810

san miniato ab 09:11 GMT January 19, 2007 Reply   
rs +0,5/0,6% m/m and + 3,2% y/y

Toronto MRC 09:10 GMT January 19, 2007 Reply   
What is the expectation for UK retail sales?

Gen dk 09:04 GMT January 19, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

AZUSA 4X-ed 09:00 GMT January 19, 2007 Reply   
Odd timing to call for a $Yen corrective move. But, as the saying goes: there's a Yen buyer born every minute. May the rollover be kind to you!

U.K. J.B 08:53 GMT January 19, 2007 Reply   
Hearing the usual aussie dollar unerpinned stories this a.m., completely disagree . The more Aussie they buy re carry trade etc ( aud/yen ) the more downside we will see when they realise it aint going up...just my final word leading into the week-end GL...

Athens MK 08:46 GMT January 19, 2007 Reply   
Good morning.....

GBP/$: Today should be an interesting day for cable. Still bias towards the target 1.9523 as my first target... Unless 1.9843 is taken out which is right in the the zone of 1.9839-54 resistance...

Today should be interesting......................................

Cannes Oil man 08:31 GMT January 19, 2007 Reply   
he has now changed his location, before it was nigeria..

Dublin Flip 08:29 GMT January 19, 2007 Reply   
fxt good to see you again.
I realise you are busy but I haven't heard much back on how my 100 grand investment is doing. I assume you are busy making me enourmous profits so I haven't been too concerned at the lack of response thus far from your organisation but can I get a statement soon as I need to feed the family and have this expensive operation to pay for next month.

yours faithfully

I M Screwed

Syd 08:21 GMT January 19, 2007 Reply   
Cannes Oil man 08:07 GMT sorry the post below for you cheers Syd 08:17 GMT


Japan Debates Possible Flu Pandemic Survival Strategies
TOKYO (AP)--Japan must debate whether children should be vaccinated before the elderly to protect the country's future in the event of an influenza pandemic, according to draft government guidelines released Friday.

The bleak guidelines, drawn up by the Health Ministry, also call for a study of the country's crematoriums to determine whether they are prepared for the many deaths expected in a serious human flu outbreak.

London Misha 08:18 GMT January 19, 2007 Reply   
not again!

la fxt 08:17 GMT January 19, 2007 Reply   
If you have a live forex trading account but lack the requisite skills to trade your account for maximum profits, I am willing to trade your account for you with guaranteed returns of 80% profits of your account balance at the end of each trading month backed by a very unique forex trading strategy.

My fee is 30% of all profits I make for your account at the end of each trading month. You have the luxury of trying out my ability with a demo account, just to show you how proficient I am. A trial will definitely convince you. kindly contact me on this email address :-

[email protected]

Syd 08:17 GMT January 19, 2007 Reply   
Syd 08:05 GMT January 19 Actually quite a reputable trader - he isnt the only one I have heard this 129 was mentioned on CNBCasia this morning

van Gecko 08:12 GMT January 19, 2007 Reply   
good inter-market set-up for the Dollar to repeat the Jan 3rd move.. her majesty could be the leader of the pack here.. cousin Euro & others will follow like Pavlov's dogs..

PAR 08:12 GMT January 19, 2007 Reply   
All over the world stock markets are hitting record highs , except - JAPAN. Nikkei is att less than half of its record high due to continues mismanagement of the Japanese economy by BOJ . In a country with among the highest saving rates of the world encouraging capital outflows like BOJ has been doing for the last 20 years is about the stupiest one can do .

U.K. J.B 08:12 GMT January 19, 2007 Reply   
Looking for a interesting move in the Aud $ and Nzd $ today and Monday. Upside very limited looking for a break lower...
Nice week-end to all GL/GT Keep the forum friendly.

St. Annaland Bob 08:11 GMT January 19, 2007 Reply   
moved sl to 12140, canceled tp below 12100 and letting the trade run from here ... from here my espresso and USD will be taken from the short side only ... happy trades and great weekend to all

St. Annaland Bob 13:20 GMT January 18, 2007
closed 80% @ 12128 and moved sl to 12168 for 24HRS target below 12100 ... happy trades



St. Annaland Bob 12:15 GMT January 18, 2007
playing that USDJPY will not break above 12150 during the coming 2 hours, short 12141 for something during the next 2 hours ... let's see ... happy trades

Cannes Oil man 08:09 GMT January 19, 2007 Reply   
Ref the commerzbank, it's a strange wording.."he would".

Cannes Oil man 08:07 GMT January 19, 2007 Reply   
Syd:
Is this guy trading or at a desk publishing stuff so his bank gets spread?
The wording is "he would" , is he , or does he wants customers to do this only?

Syd 08:05 GMT January 19, 2007 Reply   
Barclays Capital
This week's BoJ decision to leave Japanese interest rates unchanged is negative for the JPY for three reasons saysToru Umemoto . Umemoto cites super low interest rates continuing, a deterioration in the BoJ's credibility, and a deterioration in Governor Fukui's standing. Moreover, says Umemoto, Japan continues to export capital overseas. "Consequently, we believe that capital exports by Japanese investors are expected to bring JPY gradually lower in the medium term. With the BoJ keeping rates on hold, this depreciation could accelerate and take USD/JPY towards 125 in the coming few months." USD/JPY at 121.22.

Syd 08:03 GMT January 19, 2007 Reply   
Commerzbank's Andy Hart believes EUR/USD's recent correction is coming to an end.. He says continued loss of momentum implies risk is to the downside and looks for resistance between 1.2990 and 1.3055 to cap. Now trades at 1.2987, he would short the market at current levels with a stop above 1.3055. Key support comes in at 1.2865 (7-month pivot line) and a break here will target 1.2765 (10-month uptrend line).

madrid mm 07:28 GMT January 19, 2007 Reply   
Market Focus - Strengthening economic conditions may lead to new strenghtening in consumer sentiment.

New York PNX 07:27 GMT January 19, 2007 Reply   
USD/JPY (Long Term Multi Entrance Trading Plan)

PNX Dollar Yen Projection. 1st price agreement would be at 123.20 - 123.30. Still have plenty of room for a mid to long term trade.

Trade conservatively without miss the opportunity. Same Trading Pair with Multiple entries. Dollar Yen MKT order trade, at 121.28 will guarantee the absent of missing opportunity; Buy Limit should be also placed slightly above the short term support price level at 120.70.

OB at 121.23 (MKT Order) -- Half Order Size

SL at 120.23

TP at 123.24


OB at 120.70 (Buy Limit Order) -- Half Order Size

SL at 119.70

TP at 123.20

madrid mm 07:26 GMT January 19, 2007 Reply   
Fed Governor Susan Schmidt Bies says inflation readings are "favourable", but risks to the upside remains until further confirmation of the trend. Inflation seems poised to decelerate in coming months, given energy prices, but decline in inflation rate not assured. Recent weakness in home building does not appear to have spilled over to other sectors. Further softening in housing starts may lie ahead on cutbacks of inventory. Tight Labour markets, firms may pass costs.

Fed Bies says that the rise in commodity costs do not have big impact on consumer prices. Bies says "the economy is really solid" outside of housing. Worst of housing slump appears to have taken place. Slowing labour force growth means economy will need to generate around 110,000 jobs to absorb new entrants (from 150,000 previously needed) - Reuters.

MoF Koji Omi says currencies should reflect economic fundamentals and declines to comment on specific FX levels.

Chief Government Spokesman Yasuhisa Shiozaki says China space missile test is a concern, heard about the test from US. Adds does not consider the test a military threat - Bloomberg.

NKS: Most private-sector economists predict that the BoJ will raise interest rates next month, based on projections that the GDP for Oct-Dec 2006 will show relatively strong annualized real growth of 2% or more.

WSJ: A largely overlooked factor in the recent plunge in oil prices may portend an end to the multiyear rise in crude: For first time in years, the developed world is burning less of it. IEA data show oil consumption in the 30 member countries of the OECD fell 0.6% in 2006, marking the first annual drop in more than 20 years among OECD countries.

The Day after... JPY remains under selling pressure vs all Crosses, with USD/JPY seen orbiting in "new" 120-125 USD/JPY orbit, up from the previous Y115-120 after the clear break of 121.00 handle post BoJ bring USD/JPY to 4-year high 121.60 and with MoF Omi declining to comment on FX - though MoF could be more vigilant nearer 125.

Topside saw some profit-taking sales in AUD/JPY, NZD/JPY today, with Japanese securities houses and brokerages selling, but downside running into fresh bids, and Uridashi demand.

EUR/JPY hit fresh 2- wk highs, its highest level since it was last at all time highs of 158.06 on Jan 3, testing 157.66 after stops at 157.50, on Japanese trust banks, toushin demand, but up again despite some selling from funds and European houses.

Focus on key all time highs, with market players bracing for yet another new high EUR/JPY/ GBP/JPY supported on dips, having hit >8 yr highs 240.05 on BoJ pause, and reports Japan Tobacco buying Gallaher shares in market.

EUR broke 1.3000 handle to 1.3002, as stops hit above, US invs houses, model funds buying, helped by EUR/JPY demand.

GBP/USD firmer, but off 2-week highs of 1.9780 seen, but supported on GBP/JPY demand, focus on UK retail sales. AUD/USD hit day lows of 0.7879 on US invs hses sales, but recovered on AUD/JPY buying.

NOK, CAD weighed by lower oil prices, amidst report of lower oil consumption, could dip more, with oil prices having slid below $50 on Thurs. EUR/NOK at 3-m highs 8.3870 on US investment houses buying, large stops 8.40. USD/CAD bids 1.1720-30.

Nikkei -60.49pts at 17,310.44. JGBs firmer after BOJ no change decision; 10-yr yield -0.05% 1.660%.

Asian FX ranges: USD/JPY 121.15/121.39 EUR/USD 1.2958/1.3002, GBP/USD 1.9737/1.9766, USD/CHF 1.2452/1.2477, AUD/USD 0.7879/0.7908, NZD/USD 0.6938/0.6962.

madrid mm 07:24 GMT January 19, 2007 Reply   
GM FX jedi, don't we just all love friday ? 8-)))

PAR 06:59 GMT January 19, 2007 Reply   
Japan stock indexes end down as capital outflows accelerate and BOJ increases efforts to weaken the yen .

Helsinki iw 06:57 GMT January 19, 2007 Reply   
Is there something wrong with this site? My firewall keeps closing this page down.

Cannes Oil man 06:55 GMT January 19, 2007 Reply   
Will try adding $chf 1.2480 to existing 1.2540 if it gets there.

Cannes Oil man 06:53 GMT January 19, 2007 Reply   
ya true , iw..Above 1.3030 , will be clearer chart wise.

Melbourne Qindex 06:47 GMT January 19, 2007 Reply   
Sydney ACC 06:21 GMT - I will post it later when the market can move below 1.9700.

Helsinki iw 06:46 GMT January 19, 2007 Reply   
Fwiw. Agree with oil man, the euro looks like it is trying to turn back up, although losses towards recent support cannot be excluded and directional indicators have not yet confirmed.

USD/JPY is fairly close to 122.40/50, the critical long-term resistance, which should be very strong. Would definetly not sell yen here.

Cannes Oil man 06:45 GMT January 19, 2007 Reply   
EUR/CAD still 1.65/1.70 target , hasn't changed.
Long anywhere above 1.50 still good.

Cannes Oil man 06:41 GMT January 19, 2007 Reply   
Might take awhile cause $/CAD will sooner later loose the current 1.17 , so gbp needs to keep moving strongly..

Cannes Oil man 06:37 GMT January 19, 2007 Reply   
Cannes Oil man 19:51 GMT September 22, 2006
GBPCAD looks very bullish as long price above 2.09..
Fibbo's Target Are in the data window..
2.14
2.19
2.24
--
The target still 3.10 , though might take awhile....

Sydney ACC 06:21 GMT January 19, 2007 Reply   
Melbourne Qindex 06:04 GMT January 19, 2007
GBP/USD : It is going to move lower.

Do you have a target for today?

Mumbai NS 06:06 GMT January 19, 2007 Reply   
Nice lvls to long dollars the lvls to short dollars are there albeit not here though imho gl gt

Melbourne Qindex 06:04 GMT January 19, 2007 Reply   
GBP/USD : It is going to move lower.

Cannes Oil man 06:03 GMT January 19, 2007 Reply   
Oops all bold now.

Cannes Oil man 06:03 GMT January 19, 2007 Reply   
hk ab 04:27 GMT January 19, 2007

1. after consolidation,euro goes up..
2 80% fish long usd../b>
yesterday i said david vs goliath, and it keeps on the same way , cb +smart money buy euro , specs sell it in force , has been going on for a week now..outcome generally ends up against specs, in real life goliath wins.
3-as i've been saying for weeks, cb's still need to get out of us$ into other currencies(euro,gbp, and probably other smaller crosses will be supported)...Nothing as changed fundamentally to support US$ really with further gains but profit taking from smart money done at the start of the year.
4-Chart wise only above 1.3030 today will euro be a good buy for 1.34..(gbp still strong buy for 2.0 as said week ago).
we will see where it closes today , though there hasn't been a strong dollar down friday since the start of the year..Full moon is always good for trend changes , today looks like a good day.
gl