User Name: Password:      Register - Lost password?

2003  2004  2005  2006  2007  2008  2009  2010  2011  2012  2013  2014  2015  2016  2017  2018  2019  2020  2021  
January  February  March  April  May  June  July  August  September  October  November  December  
01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31

Forex Forum Archive for 10/02/2007

Pick a date from the header above to view forum postings for that day.
Click here to join the Live Forex Forum.


Lahore FM 23:38 GMT October 2, 2007 Reply   
MISSISSAUGA AQ 23:35 GMT October 2, 2007
AQ,sure.Jay or John will have to be kind enough to forward me your email.send one to them, using contact us at the lower end of left side column of this ff page.

MISSISSAUGA AQ 23:35 GMT October 2, 2007 Reply   
LAHORE FM.

can i be in your client list. if yes then please tell me the proceudre. shukriya.

Lahore FM 23:32 GMT October 2, 2007 Reply   
rba unchanged.

USA Zeus 22:40 GMT October 2, 2007 Reply   
Ever notice how the crowd reacts to price? If the market has moved up the crowd here seems to look towards the sky. After price moves down they expect it to continue south. Few take contrarian opinions and seem to be correct more often for some strange reason.

Happy Trades Everyone!

USA Zeus 22:32 GMT October 2, 2007 Reply   
Tallinn viies 20:38 GMT October 2, 2007

Sorry Bush is originally from Connecticut.

The only true Texans that were president were the great Dwight Eisenhower and Lyndon Johnson.

Happy Day!

Lahore FM 22:27 GMT October 2, 2007 Reply   
Walsall Tazza 22:14 GMT October 2, 2007
yes,sure!

Gen dk 22:18 GMT October 2, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Walsall Tazza 22:14 GMT October 2, 2007 Reply   
Lahore FM can i ask jay for your email

London NYAM 22:08 GMT October 2, 2007 Reply   
St. Annaland Bob 20:54// more like a spiral than wheel

dc CB 21:51 GMT October 2, 2007 Reply   
Forbes Market Briefing

Is Wall Street Cruising For A Bruising?

Steve Schaefer, 10.02.07, 4:40 PM ET

Stocks were slightly lower on Wall Street on Tuesday, following Monday's rally to a record high, but investors were still buying shares in financial companies and homebuilders, which led to an interesting question:

Are the recoveries in the sectors most impacted by the summer's credit crunch rising because the crisis has passed, or are investors expecting the Federal Reserve to follow its aggressive rate cuts last month with further easing of monetary policy.

In the latter case, Wall Street could be primed for a fall if the central bankers do not come through at their two-day meeting, which ends, perhaps appropriately, on Halloween.

Lahore FM 21:39 GMT October 2, 2007 Reply   
long gold 731.80,stops later.target 755.

Lahore FM 21:37 GMT October 2, 2007 Reply   
Lahore FM 07:08 GMT October 2, 2007
added long gold 734.80,stops rigid at 728,target 750/755.
--
stopped for minus 6.80$.

Sofia Kaprikorn 21:12 GMT October 2, 2007 Reply   
nj jf 16:20 //
yes - how right you are!

Ltn th 21:03 GMT October 2, 2007 Reply   
Bob and Viies. Interesting that in the 70's the retail price was very much less than of late.

St. Annaland Bob 20:54 GMT October 2, 2007 Reply   
Tallinn viies 20:49 GMT October 2, 2007

late 70's shown the history books that both US and Europe survived such levels...maybe life after all is a wheel?

Tallinn viies 20:49 GMT October 2, 2007 Reply   
in light of 100 usd per crude barrel. should eurusd trade at 1,5000 or 1,6000 to maintain current ca 90-95'% correlation? :)

NEW YORK (AP) - Oil prices could top $100 a barrel by the end of next year and remain above that point for years to come, the chief economist of Canadian investment bank CIBC World Markets said Tuesday.

Jeffrey Rubin said rising demand within oil-rich nations such as Mexico, Venezuela and Saudi Arabia will put pressure on global oil prices in the coming years. That, combined with the increased cost of pulling petroleum from reserves deep under the sea or wringing it out of oil sands in Canada, will keep oil prices high even if demand in the Western world remains constant.

"We're in a world of triple digit oil prices for the foreseeable future," Rubin said during a speech to investors here.

Rubin said oil exports from OPEC countries, Russia and Mexico will likely decline by about 3 million barrels per day over the next five years. The biggest drop, he expects, will come from Mexico, a key U.S. supplier.

"Of the 3 million barrels, we're probably talking about 2 million barrels are going to come directly out of U.S. supplies," he said.

Rubin expects Mexican oil imports to the U.S. will dry up by about 2012. Some of that decline will be made up by imports from other parts of the world, but the lions' share -- nearly a third of all U.S. oil imports -- will come from Canadian oil sands, he predicted.

But replacing relatively easy-to-refine liquid crude with petroleum from oil sands is certain to increase costs, he said. By the end of the decade, Canadian oil sands are likely to represent the world's largest source of new oil supplies, he said.

"We're basically replacing low-cost oil with high-cost oil," he said.

Looking ahead, Rubin expects crude oil prices to average as much as $90 a barrel next year, rising to around $100 by the end of 2008. That would represent an increase of nearly 25 percent over Tuesday's settlement price of $80.05 a barrel for light, sweet crude on the New York Mercantile Exchange.

"Triple digit prices is not a spike," he said. "Triple digit oil prices is what is going to be required to maintain, let alone grow, world oil supplies."

St. Annaland Bob 20:45 GMT October 2, 2007 Reply   

it needs more then one day to cool off the latest lows the USD set...it may print below 14000 before any print of new high against the EUR 14282

GVI john 20:41 GMT October 2, 2007 Reply   
Updated Daily Chart Points...
GVI Technical Chart Points. Or look under "Tools" in red navigation bar on top for "Chart Points".


Updated Daily Forex Charts...
EUR/USD USD/JPY USD/CHF GBP/USD EUR/GBP EUR/JPY
EUR/CHF AUD/USD GBP/JPY GBP/CHF USD/CAD CHF/JPY

NZD/USD

Access accurate and free GVI



Updated twice daily. Access GVI free

Chart Points and Moving Averages

Charts: Updated Bourses..
JPY-Nikkei AUD-ASX/S&P-200 Shanghai Comp/Hang Seng
FTSE/DAX CHF-SMI CAD-TSE USD-DJIA -NASDAQ -S&P

GVI Calendar of selected key economic data, central bank meetings, etc....

Tallinn viies 20:39 GMT October 2, 2007 Reply   
forgot to mention that he is from texas. could it excuse him?

Tallinn viies 20:38 GMT October 2, 2007 Reply   
forgot to mention that he is from texas. could it excuse him?

Tallinn viies 20:37 GMT October 2, 2007 Reply   
USA Zeus 18:18 GMT - yes those bombs exists but g w pushbush choosed to spend trillions of dollars and thousands of lives-just hang out there in iraq n afganistan. sound good plan of course

Marlboro AL 20:36 GMT October 2, 2007 Reply   
Mtl JP 17:26 GMT October 2, 2007
The numbers may be a little misleading. The real question is not how many are registered but how many are actually practicing agents and I think you will find a great disparity for I know 3 without even thinking who maintain their registrations but have not practiced for over 5 years.

USA Zeus 19:11 GMT October 2, 2007 Reply   
Mtl JP 18:52 GMT October 2, 2007

I look for troughs and peaks not recovery cycles that extend past high water marks. Any idea when they were predicting the top would be? Few of us knew it when we were there while the media was excited to report just how hot HOT was and how people were benefitting.

cheerio good man!

Mtl JP 18:52 GMT October 2, 2007 Reply   
zeus, businessweek reports that the housing slump expected to extend into 2009. Should be suffiecient to force a godd-sized cut in the real-estate agent fat conditional it will be ferocious enough.

USA Zeus 18:26 GMT October 2, 2007 Reply   
Don't mind the typos
targer = target

USA Zeus 18:18 GMT October 2, 2007 Reply   
Mtl JP 18:10 GMT October 2, 2007
Inflation (or going the way of the inefficient US automaker ?)

Soldier Gear Is 100 Times More Than WWII
____________________________________________________

As for efficiency goes nothing is more efficient than the military now vs WWII i.e. 8,000 bombs dropped to hit a targer where today only 1 JDAM bomb is needed using the same satellites as the Toyota navigation system.


London NYAM 18:18 GMT October 2, 2007 Reply   
Speaking of housing just sold my mine! 10% over the asking. Sometimes you just have to love bubbles.

USA Zeus 18:14 GMT October 2, 2007 Reply   
Housing numbers are lagging reports. Anticipate that we are at or very near the bottom in terms of units sold.

ABHA FXS 18:13 GMT October 2, 2007 Reply   
Long audnzd 1686 T 1874
Long eurcad 4156 T 4356
Long gold 733.88 T 757
Short usdcad 0.9977 T 0.9825
Long eurusd 1.4160 T 1.4386
Short gbpaud 2.3056 T 2.2610
fxs.....

Mtl JP 18:10 GMT October 2, 2007 Reply   
Inflation (or going the way of the inefficient US automaker ?)

Soldier Gear Is 100 Times More Than WWII

... Outfitting a soldier for battle costs a hundred times more now than it did in World War II. It was $170 then, is about $17,500 now and could be an estimated $28,000 to $60,000 by the middle of the next decade. ...


zeus, any "toyota" lessons for the military outfitters?

Mtl JP 18:01 GMT October 2, 2007 Reply   
I expect to buying into housing when I will see National Association of Realtors total membership in the 450-650K zone. Only the good survive, lol

USA Zeus 17:43 GMT October 2, 2007 Reply   
Housing is local. Driven by jobs. i.e. Texas housing is solid and job growth is more than 2x nat'l average.
Must be the Toyota. LOL

USA Zeus 17:40 GMT October 2, 2007 Reply   
Car manufacturing has been in a mass exodus from Detroit for ages. Take the all new Toyota Tundra for example- "The truck that's changing it all." built in Texas by Texans.

Mtl JP 17:26 GMT October 2, 2007 Reply   
talking of job creators...


National Association of Realtors reports The total membership for September month end is 1,366,869.

in 2005 membership increased by 163,000 to almost 1.3 million members. It grew by only 6,000 in the first six months of this year.

The fact that the industry is actually adding members should mean that we are nowhere near housing bottom. Headlines talk of a 10-15% housing decline. I think they are wrong being easily at least 50% off with that estimate; I can easily see 40% decline which seems to be needed to purge the inefficient "cling-on"s.

saopaulo cg 16:59 GMT October 2, 2007 Reply   
Bon Air VA Dennis 16:48 GMT October 2, 2007

i agree and dont forget that the car makers are big job creators...

Bon Air VA Dennis 16:48 GMT October 2, 2007 Reply   
saopaulo cg 16:17 GMT

GER new car registrations were down 11% y/y and production was up. Inventory buildups, in other words.

Seems the "Detroit" disease is contagious with JPY as "cheap" as it is against EUR as well as USD.

saopaulo cg 16:34 GMT October 2, 2007 Reply   
you are right jf. I was just talking that the usdjpy is only one limited tool. Is there any indication of how those famous trusts are coming? Thats big info....

Mtl JP 16:29 GMT October 2, 2007 Reply   
NBYAM 16:20 / corn already feeling 30% fall in ethanol. fertilisers and wheat gonna get wahcked next. grand pic: US numbers showing really slowing economy.

nj jf 16:23 GMT October 2, 2007 Reply   
saopaulo cg 16:17 GMT October 2, 2007
if only it were so easy. we are all waiting to see how subscribed the japanese trusts are that settle at the end of this week-- hopefully that will widen the yen ranges-- till then we have to take what we can get.

London NYAM 16:20 GMT October 2, 2007 Reply   
15:57
Futures Desk: ECBOT Wheat and Corn limit down. ZCZ7 [email protected] and ZWZ7 [email protected]
Gold at 726
Dollar posiive indicators?

nj jf 16:20 GMT October 2, 2007 Reply   
Sofia Kaprikorn 15:49 GMT October 2, 2007
theres always the danger of some bounce late in the day when the mkt opens at the lows of the carry range so you make a good point

audyen watch 102.20 and 102.80 for some greater direction change... im somewhat with nyam you cant expect too much follow thru until $yen decides what its going to do- so dont fall in love with a position if nothing is happening relax take it easy and wait for the next profitable trade//overtrading is also a traders enemy..gl

Mumbai NS 16:19 GMT October 2, 2007 Reply   
Oops i had once decided not to post too much but my hands twitched more than required ......NYAM yes it is a phase of sideways consolidation and no confirmation of dollar rebound yet but a phase of underlying messages which vary from what perception and time frame you trade......sorry for having bored many today ......gl gt

saopaulo cg 16:17 GMT October 2, 2007 Reply   
BREAKING NEWS Ford Motor overall vehicle sales sank 21% in September. More soon.

Car market is shrinking.Ford continues to loose markets against japanese cars, one solution: higher yen, lower dollar.

Mumbai NS 16:14 GMT October 2, 2007 Reply   
Exactly true the way i look at it is if my stop is triggered i get better lvls to enter but for someone else it might sound stupid so perspective and pocket size shuld define how u wan't to trade gl gt

London NYAM 16:14 GMT October 2, 2007 Reply   
Mumbai NS 15:52// I guess Im of the opinion that this is a period of sideways non-trend action. Sure you can find trends if you increase the magnification of your chart lense to the 5 min charts but it is not atypical for markets to grind sideways. So buying dips and selling rallies are both valid, if im right. The problem then is choosing your range.
On a prognosticatory note I do think a dollar reversal will turn into a major trend-like deal but not yet.
1.4209 is going to make smooth downward putsches very difficult.
and 1.1957 should trap the upside on swissy or ill be changing my tune.

Sofia Kaprikorn 16:09 GMT October 2, 2007 Reply   
it is actually for new traders to learn that the best way is to trade by one's own rules, timeframe and perspectives... so that you can't blame others and fix any mistake you see afterwards..

Sofia Kaprikorn 16:08 GMT October 2, 2007 Reply   
certainly - respect!

Mumbai NS 16:06 GMT October 2, 2007 Reply   
Sofia Kaprikorn 15:57 GMT October 2, 2007

Yes funny because i am no fan of dma's for stops infact the bull trap can target 110.25 but will be weathered by a close of today temporarily which i shall respect however i am no fan of carry either and don't play for it either tks for care dr.....but i am happier trading my view atm which on monthlies targets lower for me gud luck gl gt

Sofia Kaprikorn 15:59 GMT October 2, 2007 Reply   
no more data releases today - perfect for carry traders to push the train..

Sofia Kaprikorn 15:57 GMT October 2, 2007 Reply   
Mumbai NS 15:52 //
sir, funny but on Daily USDJPY has a terget exatly at ur stop at 116.70 (55 day MA)..

Mumbai NS 15:52 GMT October 2, 2007 Reply   
NYAM what u are saying is true but as of now only confirmed signal is from usdchf which is having a significant close due today ......watch it and aussy closely for clues and usdjpy if fails to close lower today think will agree with FM although i still favor a sell rallies there but will change my view if the close is funny today as of now stops at 116.7 gl gt

Sofia Kaprikorn 15:49 GMT October 2, 2007 Reply   
let's see US markets inPostive territory and more fuel into carry

Mumbai NS 15:40 GMT October 2, 2007 Reply   
LDN Mahmood 15:34 GMT October 2, 2007
Tks for ur suggestion mate heard u for the first time here but guess there is a 4 letter word sacrosanct for me called S*T*O*P .....Hope u will remember it too gud luck anyways gl gt

LDN Mahmood 15:34 GMT October 2, 2007 Reply   
Mumbai NS 14:49 GMT
Jon was also singing a happy tune when suggesting to buy
usd/cad from 1.1500, so be careful :)

London NYAM 15:32 GMT October 2, 2007 Reply   
Seems a little early to be breaking out the Champaign for a dollar reversal.
Euro has failed twice to break the hourly trend line i mentioned earlier. It has not moved in a clear impulsive five waves (yet). GBPUSD is back over 2.04
USDCAD has peeped its head over 1.0000 but that’s about it.
Yes short term we could get some more dippage but its pretty much in the middle of a lot of upside and downside supports and resistances. I don't expect much more than chop chop and perhaps the USDCAD-USD/XXX relationship may be breaking down as it seems the USDJPY has, which is caught in brace in the 115xx =/-stop eating on the borders.
But not saying the trade calls weren’t good, it’s just that...

USA Zeus 15:16 GMT October 2, 2007 Reply   
Mumbai NS 14:49 GMT October 2, 2007

Many thx NS. The Purk thing is becoming a thing of marvel.
As for my lucky trade I owe it all to HELLsinki
Must be the Toyota.
Out for some lunch (shrimp coconut kurma + Keema Samosa)

Cheers!

Houston TE 14:50 GMT October 2, 2007 Reply   
USD strengthening quite well at the moment

Londono DG 14:49 GMT October 2, 2007 Reply   
Many thx!!!

Mumbai NS 14:49 GMT October 2, 2007 Reply   
Zeus i can see u r singing a happy tune and so is Purk his call on loonie was also magnificient cheers gl gt

Houston TE 14:48 GMT October 2, 2007 Reply   
Eur/Usd: Am short Eur until prior to ECB announcement, long thereafter.

Mumbai NS 14:46 GMT October 2, 2007 Reply   
DG it was -6.2% vs -2.1% expected gl gt

Global-View GVI 14:46 GMT October 2, 2007 Reply   
London DG (Aug pending home sales)

GVI Jay 14:01 GMT October 2, 2007
-6.5&,

USA Zeus 14:42 GMT October 2, 2007 Reply   
USA Zeus 04:56 GMT October 1, 2007
Just short EUR/USD and sing a happy tune.


Happy Tune!

Londono DG 14:41 GMT October 2, 2007 Reply   
anyone got the news on the US housing sales?

USA Zeus 14:41 GMT October 2, 2007 Reply   
USA Zeus 12:43 GMT September 28, 2007
Shorting EUR/USD here 1.4185-1.42ish and on blips higher could be very interesting.



Very interesting- LOL!

Mumbai NS 14:41 GMT October 2, 2007 Reply   
While sterling has struggled on it's way down largely by an offered eurgbp ----one also needs to observe that it has struggled on it's way up and that too on back of bad numbers from US and the yankee session has witnessed gud basing out of eurgbp around these areas ----if it has then sterling is likely to follow suit soon on it's awaited trajectory gl gt

Gen dk 14:41 GMT October 2, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

pittsburgh pa 14:40 GMT October 2, 2007 Reply   
Lahore FM

you still fell that 2.0350 is still a good stop for the gbp/usd?

USA Zeus 14:22 GMT October 2, 2007 Reply   
USA Zeus 14:02 GMT September 28, 2007

On another note it looks like gold is set to take a breather from recent advances.


Whew- LOL

Lahore FM 14:04 GMT October 2, 2007 Reply   
Bratislava 14:01 GMT October 2, 2007
higher 1.42's.

Bratislava 14:01 GMT October 2, 2007 Reply   
Lahore FM
Hi, what is your target for your EURUSD long please?
Thanks!

Gen dk 14:00 GMT October 2, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Lahore FM 13:57 GMT October 2, 2007 Reply   
carry re-wind proceeding smoothly.to gather momentum hereon i feel.

Tehran you have got mail.

Sofia Kaprikorn 13:24 GMT October 2, 2007 Reply   
London Gooner 13:12 //

hi -- nice to see you - had a question some months ago on MA cross - once you mentioned thta a cross is confirmed by the price action going back to the cross level and then in the direction of the cross ..
had a q posted on the Help ..
if you are interested in discussing this matter I'd appreciate it..
GL & GT!

Rio Tinto Analistafx 13:21 GMT October 2, 2007 Reply   
Melbourne Qindex 11:39 GMT October 2, 2007

Ok thanks!

London NYAM 13:17 GMT October 2, 2007 Reply   
JP// You are right. I read it after I posted and realized the semantic error. Test of lows is successful implies the lower support gets tested. Failure of support = successful test/attack. Textual spoonerism - my apologies.

Lahore FM 13:15 GMT October 2, 2007 Reply   
TEHRAN 11:46 GMT October 2, 2007
perhaps i can.drop Jay an e-mail for my contact.

London Gooner 13:15 GMT October 2, 2007 Reply   
Gold previous hour bar is technically bullish. Needs to regain 741 to aim at main 750 resistance.
Trading long side with stop just under 730.

Mtl JP 13:13 GMT October 2, 2007 Reply   
NYAM... just a simple comment, want to share with you what I had as instant perception about "...test of .9946/50.. failure -> lows":

IF the test (ie attack on the support) fails I would think the attackers turn and run in which case the pair should see UP, not down. IF the test is successful (i.e pierces on the downside) then your 9908 would open. By of visualization, I think of tests and failures or success in terms of military tactics language nomeclature where there are defenders and attackers and I am the field commander recieving reports of the wars dynamics. Hence when a test of a defence line by the attackers is successful I read it to mean it was successfuly pierced. Of course IF I were reading the same thing but from the perspective of the defendig officer and report says defence failed... so no right or wrong, just that one needs to have a quickand alert mind.

London Gooner 13:12 GMT October 2, 2007 Reply   
Sofia Kaprikorn 12:38 GMT October 2, 2007
-
Guess the Stock Market has clearly gone into rallying on bas US data because it implies more rate cuts, and would rally also on good US data news.
That makes it its own beast in a way detaching from the main carry issue.

London NYAM 12:59 GMT October 2, 2007 Reply   
USD CAD should try for a test of .9946/50 failure will open the way for a re-test of the .9908 lows.

Sofia Kaprikorn 12:58 GMT October 2, 2007 Reply   
1256 GMT [Dow Jones] USD/JPY inching gingerly toward 116 and recently hit an intra-day high of 115.95 after a rally in global stocks overnight renewed a tiny bit of interest in yen carry trades. EUR/JPY still weaker despite the equities rise, suggesting carry trades aren't acting like they used to prior to the August storm in financial markets. At 8:53 a.m. EDT, USD/JPY at 115.92 from 115.72 late Mon, while EUR/JPY was at 164.05 from 164.72.

Melbourne DC 12:51 GMT October 2, 2007 Reply   
Sofia Kaprikorn 12:49 GMT October 2, 2007
thx.

Sofia Kaprikorn 12:49 GMT October 2, 2007 Reply   
[SECURITY ALERT AT LONDON'S WATERLOO STATION] The news that London?s Waterloo train station has been shut down due to security alert near the Eurostar train terminal is catching trader's attention. While the news has not moved the markets has unnerved traders a bit. Travelers at the Waterloo Station have been evacuated. // IGM

melbourne DC 12:40 GMT October 2, 2007 Reply   
anything re ldn waterloo station clsed due to security alert?

Sofia Kaprikorn 12:38 GMT October 2, 2007 Reply   
1225 GMT [Dow Jones] The risk appetite-needy yen carry trade usually does great when stock markets rally, but such hasn't been the case Mon and Tue, as USD/JPY and EUR/JPY remain range-bound. Says Chris Turner, head of forex strategy research at ING in London: "Frankly, it is a surprise that USD/JPY is not trading above 116 after the global equity rally over the last 24 hours." He adds: "European pressure for Japan and China to take the strain for the next leg of the USD adjustment should keep USD/JPY vulnerable, with a bias for a break down to 113.60/80." Recently, USD/JPY was at 115.78 from 115.72 late Mon.

Bon Air VA Dennis 12:25 GMT October 2, 2007 Reply   
test - test

GVI john 12:25 GMT October 2, 2007 Reply   
Updated Daily Chart Points...
GVI Technical Chart Points. Or look under "Tools" in red navigation bar on top for "Chart Points".


Updated Daily Forex Charts...
EUR/USD USD/JPY USD/CHF GBP/USD EUR/GBP EUR/JPY
EUR/CHF AUD/USD GBP/JPY GBP/CHF USD/CAD CHF/JPY

NZD/USD

Access accurate and free GVI



Updated twice daily. Access GVI free

Chart Points and Moving Averages

Charts: Updated Bourses..
JPY-Nikkei AUD-ASX/S&P-200 Shanghai Comp/Hang Seng
FTSE/DAX CHF-SMI CAD-TSE USD-DJIA -NASDAQ -S&P

GVI Calendar of selected key economic data, central bank meetings, etc....

TEHRAN 11:46 GMT October 2, 2007 Reply   
Thank you Lahore
can you accept me for client?

Melbourne Qindex 11:39 GMT October 2, 2007 Reply   
Rio Tinto Analistafx 11:30 GMT - Hi, I havn't updated my analyses. I use most of my computer time on Hong Kong stocks.

MT LR 11:37 GMT October 2, 2007 Reply   
ideas on USD/CAD for today

Rio Tinto Analistafx 11:30 GMT October 2, 2007 Reply   
Dear Dr. Quindex can you share whats your opinion about aud/usd in short term?
Thanks!
GT & GL

London NYAM 11:29 GMT October 2, 2007 Reply   
Eye on 1 hour x1000 chart with 1.3522 low 5th sep 1400 to 1.3827 low 18th sep 0700. Important 2-4 t-line. break should give out 100 pips failure means decent bounce.

The Netherlands Purk 11:24 GMT October 2, 2007 Reply   
Like to keep the other part till 1.02 is reached, but like to add more on dips for profittaking in loonie. If we pass 1.00 in a hurry we will see 10045 again. If we dont than top is set for today and back to 40-50.

Melbourne Qindex 11:20 GMT October 2, 2007 Reply   
EUR/USD : The market is under pressure when it is below 1.4146

Melbourne Qindex 11:19 GMT October 2, 2007 Reply   
EUR/USD : The market is under pressure when it is below 1.4146.

London Carl 11:16 GMT October 2, 2007 Reply   
BTW - I only just read Ian Copsey ewave view (link was on GV home page) - he speculated that the move to 8937 was perhaps the end of wave iii - he then outlined a move to near 8800 - before an anticipated bounce back up - but then expecting down move for wave iv to around 8600 (38% of wave iii) or 8500 (50% of wave iv)

Will look for 61% move back to 8895 to try a short to play wave iv.

Comments appreciated

Lahore FM 11:16 GMT October 2, 2007 Reply   
long eurusd 1.4147,stops at 10,rigid.

Melbourne Qindex 11:16 GMT October 2, 2007 Reply   
Spot Gold : Resistance at 734.2


The market is under pressure when it is below 734.2 and speculative selling pressure will increase when the market is trading below 731.9.

Gen dk 11:15 GMT October 2, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

The Netherlands Purk 11:13 GMT October 2, 2007 Reply   
Saw loonie doing 99995, keeping the other half, and if loonie reaches 11-20 again i will take more...
Cheers

London Carl 11:12 GMT October 2, 2007 Reply   
lahore fm - I did not know you had added another AUD position with new stop - next time I will pay more attention.
Sorry to hear you got hit for 48, but good you made it up with 50 on NZD.

Sofia - thanks for the link

Lahore FM 11:07 GMT October 2, 2007 Reply   
TEHRAN 10:41 GMT October 2, 2007
Tehran.i now do not often post trades on ff.so as such there is no timing.only general remarks are posted on market action.today'snzdusd long was first new posted trade in three days.only my signals client get signals with a general specification of time.thax for appreciation!

Sofia Kaprikorn 11:07 GMT October 2, 2007 Reply   
hey...
https://www.commerzbank.de/de/hauptnavigation/research/devisen_strategie/technische_analyse/tech_analyse.html

go to PDF..

melbourne DC 11:05 GMT October 2, 2007 Reply   
melbourne DC 10:59 GMT October 2, 2007
the mentioned newswire is rts

Lahore FM 11:04 GMT October 2, 2007 Reply   
London Carl 10:58 GMT October 2, 2007
Carl i posted entry and stop around the price you mentioned and took a 48 pip hit.both the entry and stop were posted on gvi which i will dig for you if u like.but had entered at a lower level as well with only tentative stops at 0.8805.the lower entry is in play.around 0.8820 i also mentioned that i felt it is an attempt to shake out weak carry holders.i made up loss on audusd with kiwi longs on which half position was closed for 50 pips.

melbourne DC 10:59 GMT October 2, 2007 Reply   
EU to push for tougher G7 language on exchange rates at the October meeting - wires citing sources - Britain and Canada likely to join the Euro-Zone in voicing concern over Dollar weakness at G7 < > 02/09/2007 19:51:40

London Carl 10:58 GMT October 2, 2007 Reply   
Very interesting link posted earlier about UK banks borrowing from ECB - so they borrow in EURO then must convert to GBP, creating a "demand" for GBP - and therefore EUR/GBP down.

So inspite of lots of problems atm here in UK, large demand from major UK banks for "cheaper" ECB loans may very well keep GBP supported.

Sofia Kaprikorn - would you be able to post a link for Commerzbank reports from Karen Jones? I used to have it, but seems I have lost it now - many thanks

Lahore FM - I do not intend this as criticism as some of your calls and market observations are superb. But at 04:30 you stated stops for your AUD longs (i assume you went long around 8870) were at 8820 - now I know we all move stops (bad discipline) - but I know there are people who do follow your calls and I feel some of them may very well have been stopped out - but glad to hear you have survived the drop

ankara 10:45 GMT October 2, 2007 Reply   
eurusd pull back seems to be a mild profit taking, in fact the new real move is expected towards 1.45 target by general physchological mind.

TEHRAN 10:41 GMT October 2, 2007 Reply   
hello Lahore
your signal is very good
when dose send your signal?
Thank you

Sofia Kaprikorn 10:21 GMT October 2, 2007 Reply   
1019 GMT [Dow Jones] UK bank trader hearing talk of stops in EUR/USD below 1.4150, the rate is currently around the day's low of 1.4171. The US left the rate around 1.4230 Monday so if it's still languishing around current levels at their open then some nervous longs may decide to exit, especially as the charts are kicking-out short term sell signals, the trader adds.

-----
guess now everybody starts selling the EURUSD and it goes above4 1.42...

Sofia Kaprikorn 10:12 GMT October 2, 2007 Reply   
yeah - go eagles... the carry is back now... 4-th gear as FM put it correctly
good day all!!!

Hong Kong Ahe 10:08 GMT October 2, 2007 Reply   
Hong Kong Ahe 09:38 GMT October 2, 2007 Sofia Kaprikorn 09:26 GMT - Further, the stock market mood here is following the changes of forex market day after there were great turmoil. Thus, remember forex market traders move more advance than those stock players. Forex can trade 24hrs per 5 days but stock players only 2 hrs morning session, 2 hrs afternoon session and that's all a day for them. They are slow eating grass bulls while forex traders are Eagles. LOL.

Hong Kong Ahe 09:38 GMT October 2, 2007 Reply   
Sofia Kaprikorn 09:26 GMT - Hi Kaprikorn, I am not following stock markets. But due to China effect, a lot of worldwide big funds comes to Hong Kong and invested in Hong Kong and China stock markets. Even Greenspan did that too. LOL. The bullish tune is still here strongly and I could see some people may start to loan yen and to put into stock market here for QUICK money earning. This is already a Carry Trading. Your observation may be quite right, after Asian closing, the carry traders sell-off and square out.

Sofia Kaprikorn 09:36 GMT October 2, 2007 Reply   
IGM - [CARRY TRADES] have undergone a revival of fortunes in the past 2 hours with most fx players expressing a feeling of value in the dips seen for Aud, and Nzd. One other entity that is seeking value is China's newly founded sovereign wealth fund which has Usd 200bln top play with, and officially began operations on sept 29th. Other money seen in search of an investment opportunity is also washing around in Russia and the Middle East, courtesy of a surge in oil revenues. This is tipped as reason for the most recent gains on Wall St with stocks still seen good value and the real money active with the new quarter. Players also eye the potential for China's new agency to revive interest in the M&A sector with the apparent return of risk appetite elsewhere a guide for continuing demand for high yield in fx.

Syd .. 09:35 GMT October 2, 2007 Reply   
Euro-zone interest rates may have peaked, the Spanish Deputy Finance Minister David Vegara said Tuesday.

After the European Central Bank left its rate hike campaign on hold last month, many market observers believe it will not raise rates again in the near future, Vegara said.

Vegara made the statement at a press conference.

London NYAM 09:33 GMT October 2, 2007 Reply   
London NYAM 18:59 GMT October 1, 2007
long usdcad .9914. stop .9889 target .9965
done. now looking for the end of this move to start selling dollars all over again. really will know when USDCAD drops below .9889.

Sofia Kaprikorn 09:30 GMT October 2, 2007 Reply   
0925 GMT [Dow Jones] The Euro looks vulnerable on the crosses and set to lose ground across a fairly broad front, says Royal Bank of Scotland. EUR/GBP is expected to breach 0.6945 support for a run at the 38.2% Fibonacci retracement target of 0.6895, with resistance at 0.6980 capping topside. EUR/SEK looks ready to follow EUR/NOK lower with a breakdown through the 9.1510 intermonth range lows targeting 8.95. EUR/JPY is expected to slip below 163.65 trendline support and target the 161.35-159.05 recent lows. EUR/JPY now trades at 164.00, EUR/SEK around 9.2050, EUR/GBP at 0.6959.

Como Perrie 09:28 GMT October 2, 2007 Reply   
DJ Greenspan: Cost To Central Banks Of Incorrect Easing Greater
LONDON (Dow Jones)--Alan Greenspan, former chairman of the U.S. Federal Reserve, said Tuesday that the risks for central banks cutting interest rates too quickly are that much greater than when he was Fed chairman.
"Central bank policies are changing and are going to have to change because the cost of being wrong if you lower rates is so much greater than when I was chairman," Greenspan said, in a speech in London sponsored by media company Bloomberg L.P.

Grenspan said that because the balance between inflation and unemployment is deteriorating, ever higher rates are needed to hold inflation under control. This, he said, limits the ability of central banks to cut rates.

Sofia Kaprikorn 09:26 GMT October 2, 2007 Reply   
Ahe // do you see the FTSE and DAX still as good indicators to carry trades - we often see a sell off in carry pairs around this time and then the initial trends just resume..

After the Asia closed positive and we have now the European markets in positive territory - this should just support tha carry - is it corrext to assume the Stox markets as a proxy trade to carry?

Mumbai NS 09:17 GMT October 2, 2007 Reply   
Cheers!

Lahore FM 09:15 GMT October 2, 2007 Reply   
Mumbai NS 09:06 GMT October 2, 2007
got it.you are a dear friend!

Mumbai NS 09:14 GMT October 2, 2007 Reply   
FM ek aur baat suniye sabka kijiye manka gud luck frd gl gt

Mumbai NS 09:06 GMT October 2, 2007 Reply   
Lahore FM 08:59 GMT October 2, 2007
FM I regard ur views a lot but atm i am not in agreement with u the more u are writing the more i am seeing the charts and the more i am convinced that it is a sell rallies .....however, i wish u more luck than me and hope u get it rite hardly matters mate we are all having a perspective and none gets a medal if he is rite or gets hanged because he was wrong ....wish u get it rite mate gl gt

Gen dk 09:02 GMT October 2, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Hong Kong Ahe 09:00 GMT October 2, 2007 Reply   
Sofia Kaprikorn 08:41 GMT - Hi Kaprikorn, Yes, it will go back to 750 before NY mkt as Carry traders back again while it was corrected from historical high yesterday. Russian players tried to hunt stop and immediately revert to buy back again (both Eur and GBP and their Yen cross). Not due to 20MA support, watch position. They are big boys and they watch positions more than anything other factors or indicators. If the historical top hit trice and still fail to break through, a larger correction will be immediately started. Try to count by heart. GLGT, me too. ;)

Lahore FM 08:59 GMT October 2, 2007 Reply   
NS,i felt it was buy on dips.we will know soon enough whichever way.good trades!

Mumbai NS 08:52 GMT October 2, 2007 Reply   
Sell rallies for the moment looks favorable trade almost everywhere gl gt

Syd .. 08:51 GMT October 2, 2007 Reply   
BOE WATCH:MPC Tipped To Pause In Oct, Next Move Likely A Cut

Sofia Kaprikorn 08:45 GMT October 2, 2007 Reply   
0843 GMT [Dow Jones] USD/JPY is having trouble above 116.00 on a combination of exporter offers and negative outlook on the charts, says UK bank trader. The rate peaked at 116.08 Monday as it did last week, and has been capped in the mid 116's since late August. Overnight, Japanese exporters were said to be lining up above 116.00 and the rate peaked at 115.84, slipping to 115.28. Chartwise, Commerzbank analyst Karen Jones says while the rate trades below 116.40 its negative bias remains for a run on 113.60 support and on a break, the recent lows of 111.60. USD/JPY now at 115.60.

Lahore FM 08:41 GMT October 2, 2007 Reply   
Syd .. 08:38 GMT October 2, 2007
guess it was transition phase.some weak holders of carry shaken out before fourth gear is in play.imho of course!

Sofia Kaprikorn 08:41 GMT October 2, 2007 Reply   
Ahe //
I saw a daily chart on XAU - it is right above the 20 day MA - a nice Supoort to go up to 740 again?

Sofia Kaprikorn 08:39 GMT October 2, 2007 Reply   
Asia stox are up - European markets also go up - so why bother on carry - it should be up too..

Syd .. 08:38 GMT October 2, 2007 Reply   
Lahore FM 08:34 a bit rocky at the moment

Syd .. 08:36 GMT October 2, 2007 Reply   
The market's negativity about the US is unbalanced with its view on the European economy, says Royal Bank of Scotland. Eurozone leading indicators are weakening and the prospect of ECB rate cuts in '08 are increasing if the three rate cuts already priced into the US curve come about. Looking at currency positioning, the bank says both EUR and CAD are vulnerable as positioning nears extremes. The bank notes that AUD and NZD were the weakest currencies overnight, possibly reflecting heavy positioning of short-term players, while longer-term trend followers are more involved in EUR and CAD and these two may suffer more if the USD extends its overnight rally.

Syd .. 08:35 GMT October 2, 2007 Reply   
Australian PMI Falls 1.7 Pts To 50.7 In Sep Vs Aug

Lahore FM 08:34 GMT October 2, 2007 Reply   
Syd .. 08:27 GMT October 2, 2007
yes still long audusd.it worked the way i could fortunately see.

Lahore FM 08:33 GMT October 2, 2007 Reply   
Lahore FM 07:01 GMT October 2, 2007
long nzdusd 0.7560,stops rigid at 10.
--
closed half at 0.7610 for 50 pips.
stops moved higher to 0.7540 for 1/2 remiander.

Lahore FM 08:31 GMT October 2, 2007 Reply   
Lahore FM 08:30 GMT October 2, 2007
the post below was written half an hour ago.was meant to be posted then.the net connection went down and as it came back on the post went through.sorry for that.

Syd .. 08:31 GMT October 2, 2007 Reply   
The total value of Australia's debt capital markets has fallen more than 10% in the year to date, hit by the global credit crisis, data released Tuesday shows

Lahore FM 08:30 GMT October 2, 2007 Reply   
Jerusalem ML 07:52 GMT October 2, 2007
ML dear,guess good opportunity to long old and eurusd,now 734 and 1.4183.gtgl!

Syd .. 08:27 GMT October 2, 2007 Reply   
Lahore FM 07:09 are you still long aud just the one postiion noticed

Gen dk 08:23 GMT October 2, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

The Netherlands Purk 08:11 GMT October 2, 2007 Reply   
Hong Kong WT 07:49 GMT October 2, 2007

On the Toyota thing i was referring to a Post of ZEUS, he has bought one.
As for the loonie, you can play the bases from 9911-20 now

ldn 08:10 GMT October 2, 2007 Reply   
French Finance Minister Christine Lagarde says she will work with her European counterparts to organize a common front on the problems stemming from the level of the euro.

"In the coming days, I will call on my main counterparts in order to exchange our points of view and prepare a common initiative. I want the French position to be shared by the whole of the euro zone," Lagarde says in an interview published Tuesday in French daily Les Echos.

France was the first country to "sound the alarm" on the problems of the euro's level in relation to the dollar, yen and yuan, Lagarde says, adding that she is pleased to see other European officials showing concern over the issue, including European Union Commissioner for Economic and Monetary Affairs Joaquin Almunia and Jean-Claude Juncker, who heads the group of finance ministers from the 13 countries that use the euro.

France is also working with Germany to put together a list of proposals for the Group of Seven leading nations to regulate the international financial system following the subprime crisis, Lagarde says.

Syd .. 08:05 GMT October 2, 2007 Reply   
The European Central Bank said Tuesday that a total of EUR503 million was borrowed in its one-day marginal lending facility Monday.

The facility is provided at a penalty rate of 5.00%, which is significantly higher than overnight money market rates at 3.70%-4.00% at 0716 GMT, and a full 100 basis points above the ECB's main refinancing minimum bid rate of 4.00%.

The ECB doesn't publish the names of the financial institutions, or the number of market players who take out money via the facility.

On Sept. 26, the ECB lent EUR3.88 billion in its marginal lending facility at 5.00%.

Mumbai NS 07:54 GMT October 2, 2007 Reply   
Might sound like a devil's advocate but still----remember quarter closing has happened on friday in Japan gl gt

Jerusalem ML 07:52 GMT October 2, 2007 Reply   
Lahore

hi to you and all...
my call on eurusd seems to confirm itself
eyeing 1.4050 coming days and gold looks set (in my view of course) to go back to 710-720 range

good luck....
M

Hong Kong WT 07:49 GMT October 2, 2007 Reply   
Thank you Purk
How loonie co-related to Toyota?
Let me think think first.

You are always get us the horizon where we never reached.

madrid mm 07:46 GMT October 2, 2007 Reply   
fwiw

By Gary Dorsch, Editor, Global Money Trends newsletter

"Historically, the US economy has gone into recession seven times since 1960, and six of the downturns were foreshadowed by an Inverted yield curve, where yields on three-month Treasury bills exceed the yield on ten-year Treasury Notes. Usually, when lenders in the bond market are willing to accept lower interest rates for longer term debt than for shorter term debt, it is a signal that the US economy is about to experience a serious slowdown or even a recession within 12-months."

Gen dk 07:35 GMT October 2, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Syd .. 07:28 GMT October 2, 2007 Reply   
Lahore FM 07:26 many thanks FM

Lahore FM 07:26 GMT October 2, 2007 Reply   
Syd,that's for you

Syd*,until* usdjpy is below 115.05/30

dubai ML 07:23 GMT October 2, 2007 Reply   
Resistance & support
EURUSD GBPUSD USDJPY USDCHF
1.4500 2.0520 117.20 1.1850
1.4290 2.0450 116.40 1.1775
1.4200 2.0380 115.40 1.1715
1.4170 2.0320 114.50 1.1580
1.3935 2.0200 113.40 1.1490

Hong Kong Ahe 07:15 GMT October 2, 2007 Reply   
Russian Spec is looking for stop-hunting again on popular support level. Be careful guys.

Lahore FM 07:15 GMT October 2, 2007 Reply   
Syed,untill usdjpy is below 115.05/30 area,it is still an opportunity to go long the two.

Mumbai NS 07:14 GMT October 2, 2007 Reply   
Now sterling looks overcast and overdue gl gt

Syd .. 07:12 GMT October 2, 2007 Reply   
UBS says it thinks a resurgence of risk aversion could be on the cards, knocking AUD and NZD. Sees AUD/USD at 0.86 over one month and 0.84 over three months. Now at 0.8818. Sees NZD/USD at 0.73 over one month and 0.71 over three. Now at 0.7556

Lahore FM 07:08 GMT October 2, 2007 Reply   
added long gold 734.80,stops rigid at 728,target 750/755.

Hong Kong Ahe 07:04 GMT October 2, 2007 Reply   
If the rise of AUDJPY to 103.60 is due to the rise of XAUUSD, the correction of Gold to 700 level should bring AUDJPY back to 97/98 level. Watch your position, friends. GLGT.

Lahore FM 07:01 GMT October 2, 2007 Reply   
long nzdusd 0.7560,stops rigid at 10.

Lahore FM 07:00 GMT October 2, 2007 Reply   
quite a whitewash of audusd bullishness there.

The Netherlands Purk 06:23 GMT October 2, 2007 Reply   
Unloaded 1/2 of the position in loonie here. Can not post what i did not post earlier so i wont... If loonie is trying to find a base we can all buy the bottom back at 9911ski....
Toyota?

madrid mm 06:15 GMT October 2, 2007 Reply   
* Market rumours - no further details or substantiated - of Emergency ECB meeting doing the rounds again- usual speculation of FX action, even rate cut. ECB meets "officially" on Thurs as scheduled.

* FT: Calls grow for ECB intervention to stem rise of euro. The recent rise of the euro has sparked a chorus of disapproval from the region's exporters and politicians.

* French Econ Min Christine Lagarde says she is preparing initiative with other Eurozone minister on Euro FX. Wants to hear again US Trsy Henry Paulson strong USD is good for US economy.

* Telegraph: UK lenders are shunning BoE and turning instead to the ECB on a massive scale, taking advantage of much lower interest rates and guaranteed anonymity to weather the credit crunch.

* MSCI's All country world Index hit new highs of 416.21.

* Japan MoF Fukushiro Nukaga says he will continue to monitor financial markets despite recent rebound in stock markets.

* Econs Prof Hiroko Ota says it will take some time for problems in US subprime market to have impact on real US economy. Will monitor the impact of US subprime, and needs to see if US economy achieves soft landing.

* Japan FSA Minister Yoshimi Watanabe says Japan is investigating subprime exposure of Japan's financial firms to US subprime mortgage.

* RBNZ Gov Alan Bollard says NZD cannot be easily contained by using interest rates to slow economic growth - BBG.

* A busy market day today, as Asian markets "changed" direction and sold Cross/JPY despite the record highs in Asian stocks and Dow. Usual rumours of emergency ECB meet making the rounds (again).

* USD/JPY extends fall from NY close of 115.75 after it hit 2-week highs of 116.07 in NY, on broad based sales from large Swiss, US investement houses, banking group and Japanese mega-city, trust, securities houses from fixing of 115.74 to 115.60-70.

UK clearers and more US houses selling hit stops blw 115.55-60, with USD/JPY extending losses in Asian afternoon to lows of 115.31 on continued EUR/JPY, AUD/JPY, NZD/JPY, GBP/JPY sales.

Some focus on EUR/JPY sales on eurozone bonds coupons, redemption. EUR/USD, EUR/JPY weighed by talks of emergency ECB meet, eye ECB rumours. Cable, GBP/JPY weighed by reports that UK banks are massive borrowers of ECB funds (thus they sold huge EUR/GBP recently to convert to GBP), but need to buy back EUR/GBP later?

EUR/USD hit day lows of 1.4214, while GBP/USD hit day lows of 2.0407. GBP/JPY under pressure, falling to 235.50 fm NY Close 236.50.

Large Swiss, US hedge funds, houses, joined by Japanese mega-city banks and houses, have been "persistent" sellers of USD/JPY, AUD/JPY, AUD/USD, ahead of RBA likely no change decision at 2330GMT - AUD hit day lows of 0.8852, fm 18-yr highs of 0.8950.

AUD/JPY hit day lows of 102.10-20, down >1 big figure from 2-m highs of 103.60.

Kiwi hit day lows of 0.7607 from 0.7670 on US funds and houses selling, NZD/JPY hit 87.90 from 2-m high 88.75.

Nikkei +180.22pts or 1.07% at 17.026.18. JGBs lower post 10-yr auction, 10-yr yield +0.025% at 1.685%.

Oil eye break of $80 after NY falls, now $80.08.

Gold off 28-year highs, now $739.50/740.50.

Mumbai NS 06:06 GMT October 2, 2007 Reply   
Aussie looks like fading and if momentum is there for some more time wuld favor a gud correction there gl gt

madrid mm 05:49 GMT October 2, 2007 Reply   
GM FX Jedi 8-)

I am almost alwayst surprised how some people make a big deal out of market prediction. I don t blame them as it seems it is human nature. However i would say this

- don't make a big deal to predict the market as it is , imho, a recipe for disaster and is a dangerous exercise.

- the market is going to do what the market is going to do

So to wrap it up I would add -

- There are enough opportunities every day, week, month
- Understand position sizing well enough so that you will continue to be in the game if you are wrong and make big money when you are right.

have a gr8 day

Lahore FM 04:36 GMT October 2, 2007 Reply   
long gold 739.70*,stops at 734,mind only.target 750/55.

Lahore FM 04:35 GMT October 2, 2007 Reply   
long gold 739.57,stops at 734,mind only.target 750/55.

Syd .. 04:30 GMT October 2, 2007 Reply   
Lahore FM 04:28 that is very true

Lahore FM 04:30 GMT October 2, 2007 Reply   
Syd,the slight retrace on gold and usdjpy to lower levels has brought on a corrective downtick on audusd as well.it will likely pass without incident.0.8820 good for stops.target 0.9000.

Lahore FM 04:28 GMT October 2, 2007 Reply   
Syd .. 04:23 GMT October 2, 2007
Cheers!

NS dear quite agree with cyclical nature of the market and that it serves well not to be perma bear or perma bull.

Syd .. 04:23 GMT October 2, 2007 Reply   
Lahore FM 04:20 cheers for that

Lahore FM 04:20 GMT October 2, 2007 Reply   
Syd .. 04:17 GMT October 2, 2007
yes,it is a long at spot.

Mumbai NS 04:19 GMT October 2, 2007 Reply   
Gud mrng the excuse to sell the dollar on the premise of US being not so futuristic by printing more dollars is an old theory which saw its climax in 2004 after which the hii flows were the new story.The current reason for selling dollars is more due to a bad shape of US economy and fears of recession rather than the all round the year bears theory of printing money allegation.What is now significant is that a cut has happened which can be categorized as artificial oxygen in the long run but in the short term be wary of the fact that growth will start picking up and then these all round the year bears will go into a hiding and will come back after a gap of 3-6 months again shouting when many will respond but u have also these 6 months to trade so no harm in continuing to sell the dollar but put stop loss as these gurus will not protect u when dollar will viciously rebound on the short end so take care peace please no more wars gl gt

Syd .. 04:17 GMT October 2, 2007 Reply   
Lahore FM 04:14 hi, are you looking to go long aud today anywhere ?

Lahore FM 04:14 GMT October 2, 2007 Reply   
Bay,2.2900/50 to work as gbpaud support for a possible upward resumption as well.

ldn 04:07 GMT October 2, 2007 Reply   
Lahore FM 04:05 tks

Lahore FM 04:07 GMT October 2, 2007 Reply   
1.86 area*

Lahore FM 04:07 GMT October 2, 2007 Reply   
BAY,1.86 are looks good for eurnzd buying for renewed upmove.

Lahore FM 04:05 GMT October 2, 2007 Reply   
lon,0355 gmt post is for you as well.

Lahore FM 04:04 GMT October 2, 2007 Reply   
pa,163.60 and 2.0350 look like practical stops at the moment.

pittsburgh pa 04:01 GMT October 2, 2007 Reply   
Lahore FM

Can u tell me a good support level for a stop loss for the gbp/usd and eur/jpy? Thanks for you help. Hope we see 2.0600 in gbp this week.

Lahore FM 03:55 GMT October 2, 2007 Reply   
Syd .. 22:23 GMT October 1, 2007
Syd,support just kicked in at spot 0.8870/75.will likely hold for move back to highs.

Hong Kong Ahe 03:43 GMT October 2, 2007 Reply   
Carry Traders retreat from historical high and starting to scare about the coming G7 meeting on Oct22,2007. ?? Hmm.... Anyway be careful October 3 Wed, 4 Thur and 5 Friday before UK sessions, large unwind will arouse market volatility. GLGT, me too...(I need it more than anybody else.. hehe...).

MT Lr 03:36 GMT October 2, 2007 Reply   
aNY IDEA WHERE IT IS HEADING cad TOO STRONG IS THERE AN END

MT Lr 03:25 GMT October 2, 2007 Reply   
Any info on USD/CAD

Mla Evan 02:37 GMT October 2, 2007 Reply   
Qindex, any updates on Gbp and Aud appreciated, TIA

Gold Coast fxi 02:33 GMT October 2, 2007 Reply   
GVI john 22:02 GMT October 1, 2007
Updated Daily Chart Points...

On GBP/USD your Bollinger Bands figures are not correct
please check

USA Zeus 02:05 GMT October 2, 2007 Reply   
Some funny censoring and editing of posts here.

HK [email protected] 02:00 GMT October 2, 2007 Reply   
USA Zeus 01:57 GMT October 2, 2007

Wish you are correct, but remember that war, is like the currency market: You may never know the outcome of it.

I think that Napoleon was the first to put it on words(you may never know the outcome of a battle)

USA Zeus 01:59 GMT October 2, 2007 Reply   
Halifax CB 01:51 GMT October 2, 2007

Never know for sure. Just some thoughts. Appreciate your opinions as usual.

Happy Day!

USA Zeus 01:58 GMT October 2, 2007 Reply   
HK [email protected] 01:55 GMT October 2, 2007
Best to support our ideas with more than a fart.

USA Zeus 01:57 GMT October 2, 2007 Reply   
HK [email protected] 01:51 GMT October 2, 2007

Any attack on Iran will be massive and short lived. The purpose would most likely be to cripple the efforts of what they can't hide. It will be an air superiority mission of massive submission- one the Iranians have little or no hope to stave off if they continue.

HK [email protected] 01:55 GMT October 2, 2007 Reply   
USA Zeus 01:51 GMT October 2, 2007

I really admired the USA since the world is keeping on being screwed by you according the adage "STUPID PEOPLE ARE ALWAYS ON HAND, THEY JUST KEEP ON CHANGING"

HK [email protected] 01:51 GMT October 2, 2007 Reply   
USA Zeus 01:42 GMT October 2, 2007

Actually you may buy gold on dips, as an attack on Iran is imminent, or even oil futures, because it will not be a short one. GL/GT

USA Zeus 01:51 GMT October 2, 2007 Reply   
HK [email protected] 01:46 GMT October 2, 2007

"After the US screwed the whole world with CDO's"

Who do you suppose created (and funded) the CDO's? George Bush? Bernanke?

Laugh my balls off!

Halifax CB 01:51 GMT October 2, 2007 Reply   
USA Zeus 01:42 GMT October 2, 2007
I beg to differ - or at least I'll wait till I see signs of it actually turning around :)
Mfg is moving up, as are exports - the sorts of things that make for long term productive jobs. As long as inflation is under control, I think the US gov't will be okay with a reasonable rate of decline in the dollar against other currencies. Especially as - when push comes to shove - the US is still one of the few major countries capable of being self-sufficient.

USA Zeus 01:49 GMT October 2, 2007 Reply   
HK [email protected] 01:39 GMT October 2, 2007

I think it is because your government is printing too much money.

So better to buy selected blue chips rather than USD NO?
___________________________________________________
Excess was not created by the gov't but was created from the greedy banks all over the globe happily lending on huge leverage for subprime margin greed. They got burned. Printing press from banks is out of commission for maintenance.

Buy USD. Always buy blue chip co's- rallies, dips etc. They ARE the global economy and most Dow components generate more revenue from abroad = fantastic intrinsic diversification.

HK [email protected] 01:46 GMT October 2, 2007 Reply   
USA Zeus 01:42 GMT October 2, 2007

After the US screwed the whole world with CDO's, what will you sell next to make the USD strong.

Hope you got some profits at 1.4212 as I projected Y.day.

USA Zeus 01:42 GMT October 2, 2007 Reply   
Prepare for the strong dollar policy to return as the money supply slows or recedes. The cycle will stun the complacent.

HK [email protected] 01:39 GMT October 2, 2007 Reply   
/////////////////////////////////////////////////////////////////////
USA Zeus 18:05 GMT October 1, 2007
Dow up 200!!
/////////////////////////////////////////////////////////////////////

I think it is because your government is printing too much money.

So better to buy selected blue chips rather than USD NO?

 




Actionable trading levels delivered LIVE to YOUR charts

GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium

Mon 27 May 2019
AAGB/US- Holiday
Tue 28 May 2019
A 14:00 US- Consumer Confidence
C 13:00 US- Case-Shiller
Wed 29 May 2019
A 08:55 DE- Employment
AA 18:00 US- BOC Decision
A 18:30 US- EIA Crude
Thu 30 Mar 2019
AAEZ/CH- Holiday
A 12:30 US- Weekly Jobless
Fri 31 Mar 2019
AA 10:00 EZ- Flash HICP
A 12:30 US- Personal Income, Spending, Deflator
AA 14:00 US- Final Univ of Michigan


Global-View Affiliate Program

We are starting an affiliate program to market some of our products.

Send me an email if you would be interested or if you know someone who would like to be an affiliate. Generous commissions payout for those accepted.

Put the word "affiliate" in the email subject line.

Contact us

Start trading with forex broker Markets Cube




pic

Retail Forex Brokerage Changing!

Are you looking for your first broker or do you need of a new one? There are more critical things to consider than you might have thought.

We were trading long before there were online brokers. Global-View has been directly involved with the industry since its infancy. We've seen everything and are up-to-data with recent regulatory changes.

Our Best Brokers listing section includes:Forex Broker Reviews, Forex Broker Directory, Forex Broker Comparisons and advice on How to Choose a Forex Broker

If would like guidance, advice, or have any concerns at all ASK US. We are here to help you.

SEE Our Best Brokers List

Currency Trading Tools

  • Live rates, currency news, fx charts. 

  • Research reports and currency forecasts.

  • Foreign Exchange database and history.

  • Weekly economic calendar.

Directory of  Forex trading tools

 
Terms of Use    Disclaimer    Privacy Policy    Contact    Site Map


Forex Forum
Forex Trading Forum
Forex Forum + forex rates
Forex Forum Archives
Forex Forum RSS
Free Registration

Trading Forums
Currency Forum Guide
Forum Directory
Political Forum
Forex Brokers
Compare Forex Brokers
Forex Broker News
Forex Broker Hotline

Forex Trading Tools
Currency Trading Tools
Forex Database
FX Chart Points
Risk/Carry Trade Chart Points
Economic Calendar
Quicklinks to Economic Data
Currency Futures Swaps
Fibonacci Calculator
Currency Futures Calculator

Forex Education
Forex Learning Center
FX Trading Basics Course
Forex Trading Course
Forex Trading Handbook

Forex Analysis
Forex Forecasts
Interest Rate Forecasts
Central Bank Forecasts

FX Charts and Quotes
Live FX Rates
Live Global Market Quotes
Live Forex Charts
US Dollar Index Chart
Global Chart Gallery
Daily Market Tracker
Forex News
Forex Blog
Forex News
Forex Blog Archives
Forex News RSS
Forex Services
The Amazing Trader
Forex Opportunities
Forex Affiliates
Forex CopyTrading
GVI Forex