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Forex Forum Archive for 10/11/2007

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Stockholm za 23:52 GMT October 11, 2007 Reply   

Information is the most expensive commodity known to mankind.
The answers to the questions ask cannot be clear cut and simply technical,
The dependant variable is today’s eco calendar... thus only if it is a known fact that there are already 100% prise in one can hold fast to static outcome.
E.g. EUR/USD has already spike outside its average weekly range , if today was not a data day we would of have comfort in calling the weekly high…
“Model - A representation of a system that allows for investigation of the properties of the system and, in some cases, prediction of future outcomes. Models are often used in quantitative analysis and technical analysis, and sometimes also used in fundamental analysis
Modeling - Designing and analyzing a mathematical representation of an economic system to study the effect of changes to system variables.” IW.
Happy trades................

Bangkok FUA 23:47 GMT October 11, 2007 Reply   
nyam:

how about gbp/usd please?
Thanks

London NYAM 23:30 GMT October 11, 2007 Reply   
no napoli you are right 1.4220 my apologies

London NYAM 23:29 GMT October 11, 2007 Reply   
Napoli DC 23:26 // or 1.4210 s/t

Napoli DC 23:26 GMT October 11, 2007 Reply   
London NYAM 23:08 GMT October 11, 2007
pittsburgh pa 22:32// 1.4150

yes, if 1.422 holds
gt

London NYAM 23:08 GMT October 11, 2007 Reply   
pittsburgh pa 22:32// 1.4150

London NYAM 23:06 GMT October 11, 2007 Reply   
how can i resist such a kind endorsment?
G/U has m/t(8-89 hours) bottomed. Unless we break 2.0256 so the stops are obvious and the battlelines drawn.
Is g/u dead? or is g/u about to launch an attack on usd weakness towards 2.05. my bet is for the latter and ive told you my stop. gl gt and gn

pittsburgh pa 22:32 GMT October 11, 2007 Reply   
Any targets on the EUR/USD by the end of trading on friday?

Gen dk 22:02 GMT October 11, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Rio Tinto Analistafx 21:58 GMT October 11, 2007 Reply   
Rio Tinto Analistafx 20:57 GMT October 11, 2007
Lahore FM can you share your view about gbpusd for next hours?

Of course its for everibody: purk, syd, caba, zeus, nyam and many more great traders;)
GT & GL

Gen dk 21:19 GMT October 11, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

PAR 21:16 GMT October 11, 2007 Reply   
Angelo Mozilo s Ponzi scheme is finally going to be investigated . Us rating agencies definitely would give the guy AAA for selling Countrywide stock at the top of the market . Lol .

Gen dk 21:02 GMT October 11, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Rio Tinto Analistafx 20:57 GMT October 11, 2007 Reply   
Lahore FM can you share your view about gbpusd for next hours?
Thanks!
GT & GL

Rio Tinto Analistafx 20:55 GMT October 11, 2007 Reply   
Bangkok FUA 20:39 GMT October 11, 2007
hi does anyone know what time NZ Trade balance data out in EST time?


50 minutes to go!
GT & GL

Bangkok FUA 20:46 GMT October 11, 2007 Reply   
sorry ... I meant retail sales .. not trade balance

Bangkok FUA 20:39 GMT October 11, 2007 Reply   
hi does anyone know what time NZ Trade balance data out in EST time?

Thank you

denver jake 20:16 GMT October 11, 2007 Reply   
oops. meant support

resistance turning into support

denver jake 20:16 GMT October 11, 2007 Reply   
It just depends on many factors. I think US retail numbers will be soft fueling cut fire. Then depends what rhetoric comes out of G7. Then if the FED actually does cut. Bottom line is 7670 should offer massive resistance and just go from there. It already bounced right off it.

denver jake 20:13 GMT October 11, 2007 Reply   
USA BAY 20:11 GMT October 11, 2007

what time frame?

USA BAY 20:11 GMT October 11, 2007 Reply   
DENVER JAKE,

Do you have a target for nzd/usd. tia

Gen dk 20:07 GMT October 11, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

denver jake 19:53 GMT October 11, 2007 Reply   
7670 is massive support zone for kiwi. aside from obvious on daily chart, there is a huge fibo extension on monthlies. picked up some here at 7680 before, what should be, improving retail numbers.

London NYAM 19:51 GMT October 11, 2007 Reply   
Purk thanks. You are without ego! That is key. And i have taken pips tp make things easier as Asia takes them back.
out for half at 166.18

madrid mm 19:51 GMT October 11, 2007 Reply   
It is not only wht you know but who you know.....
Oct. 11 (Bloomberg) -- China's central banker Zhou Xiaochuan, who oversaw the country's first change in currency policy in a decade, may be replaced in next week's Communist Party congress at the end of a five-year term, economists said....

http://www.bloomberg.com/apps/news?pid=20601080&sid=a8VzTe0m6AX8&refer=asia

The Netherlands Purk 19:37 GMT October 11, 2007 Reply   
Well NYAM, gloating suits you, and hey, pips are pips, 10 or 100 are pips. You did not see it, but one minute here where guys having lotsa profit in f.e. the bugger, and 10 minutes later they where stopped out.
I sure trust that people take there profit in time, you deserve rewards, so take it. every day chances will come, again and again. Why? Because there is a range!

Lahore RK 19:37 GMT October 11, 2007 Reply   
Hi friends like the move today in stock indices and if dec S&p able to close below 1544 this week very intersting for the good move on the dn side and can touch very low area 1544** is MOB ( make or break ) and euro just shy away from the projected area 14255**so if it breaks below last low 13925** by end of oct or may be lower ?? able to project the next swing low (IMVVHO) after today close any take from other froum friend

TIA
GL/GT

and cad if closenear 9800 area then project the next swing or wave target zone

AZUSA 4x-ed 19:32 GMT October 11, 2007 Reply   
New York JK 19:29 GMT October 11, 2007
Strongest currency at the time the pair was created takes the numerator

dc CB 19:32 GMT October 11, 2007 Reply   
Bidu, view

http://www.stockcharts.com/c-sc/sc?s=bidu&p=d&yr=0&mn=6&dy=0&i=p70737928148&r=5930]

USA Zeus 19:30 GMT October 11, 2007 Reply   
USA Zeus 15:03 GMT October 11, 2007
Ok short EUR/USD 1.4228 ave now

Well closed half for +20 on the scalp. B/E for a freebie shot at smth bigger for the remaining.


Closed another 1/4 for +50

'nuff said. LOL

New York JK 19:29 GMT October 11, 2007 Reply   
can someone answer this question for me. why it it shown AUD/USD or NZD/USD and not USD/AUD or USD/NZD, since the US $ is stronger?

AZUSA 4x-ed 19:29 GMT October 11, 2007 Reply   
Tallinn viies 19:25 GMT October 11, 2007
Indeed viies... equities have erased some significant gains while the currencies are still thinking about it... care to guess where Asia will take 'em?

London NYAM 19:28 GMT October 11, 2007 Reply   
London NYAM 11:52 GMT October 11, 2007
Sold another half at 166.95 stops above 167.50 and 70
yes to jog your memory and to gloat. felt good to go with pattern and stand my ground. This move is already 1660000 so yes i will hold and pobably get out early as usual but like e/g is a l/t buy e/j is now a m/t sell. We probably bounce ere and overnight just to sucker back in all those longs looking for 168+ then 16415 gets cut like butter.
now my proviso the high must hold. so stops are obvious but the stocks will force the hand and no one will challenge the highs until after ny decided the direction of us equities. my vote is down and down.

Tallinn viies 19:25 GMT October 11, 2007 Reply   
nasdaq100 65 points down fron top today. no sh,it sherlock

Makassar Alimin 19:25 GMT October 11, 2007 Reply   
oops, did someone mention about carry-unwinding theme again?

Tallinn viies 19:22 GMT October 11, 2007 Reply   
USA Zeus 18:09 GMT - it doesnt work. fat tails will kill soon.

just one example from the day when planes hit twin tower on 911. I was short German DAX days before terror attck. just in second after the incident it fell 5%. It was huge money for me. started bought back half and started to buy back parts after every 1% drop ( of course it was quick move). then it was 10% in red and turned long with idea to add at least 3 times more on further fall. in one stage it was 17% down and I lost more than I earned so far during the year.

there are many many such stories and everybody can tell you those 100% sure

The Netherlands Purk 19:19 GMT October 11, 2007 Reply   
Ah yes there was the 166000000000. Now we will have to see what will be left in the yar.
Ah NYAM nice to see you. Did you short bugger as well?
Maybe if you hold we still might see a new low. But if Dick says enough more fun on the way....

madrid mm 19:15 GMT October 11, 2007 Reply   
I want to go to bed ...... 8-O

London NYAM 19:14 GMT October 11, 2007 Reply   
kap did you bottle it again on the way back up to 167.61? stopped on half at 1.6751 but survived euro-dick at 167.71.
hope you held it together.

Hong Kong Ahe 19:14 GMT October 11, 2007 Reply   
TSY Paulson, KIMMITT, ECB's Weber, ECB's Hurley, German FM Steinbrueck all on the wires at the same time to remind Carry Traders G7 is coming. What a sense. GLGT.

London NYAM 19:12 GMT October 11, 2007 Reply   
In the words of Murdoch: "I love it when a plan comes together"
looks like i wont need to buy those IBM shares afterall.
went on a helicopter ride for birthday so i missed all the fun but after all the hulaballo, the E/J has come back to earth along with the begining of the slow grind down in US equities. Now money will trickle out of the US and trickle into the Asian bubbles.
lost the move on that 'over-crowded' E/G too early as usual and stoped out on my ambitious GBPUSD. Must find another lower level now.
Just putting the batter together Purk for a Maple syrup pancake.

Tallinn viies 19:11 GMT October 11, 2007 Reply   
nasdaq100 is down 55 points from the high of day, ca 3% and day is tsill young

madrid mm 19:07 GMT October 11, 2007 Reply   
Ahhh well, panic in the making maybe ? 8-)

Anyway we have 2 gr8 games comingin the RWC this week end 8-)

may be JP has been shorting Google since the mid 200 US$ ...

madrid mm 19:05 GMT October 11, 2007 Reply   
Yeah right haifa ac......8-)

Is it the same Jkt Rick 11:26 GMT September 28, 2007
This is the easiest trade you will ever make for 400 points in 4 hours.
sell at market the following
sell euro/usd 1.4180 for 1.4100
buy usd/cad 0.9980 for 1.080
sell gbp/usd 2.0305 for 2.0189
sell aud/usd at 0.8815 for 0.8730

400 pips in 4 hours.

cheers. ?????

NYC jr 19:03 GMT October 11, 2007 Reply   
Another take on stocks fwiw..

(FLY ) The Four Horseman - of the Apocalypse?
Markets have taken a swing down hard after JPM put out a note that they expect lighter revs from BIDU. The four horseman of the NDX 100 (AAPL, AMZN, GOOG, RIMM) all got hit very hard with RIMM down 10% in a handful of minutes. BIDU is taking a beating as this is written, down $20. These stocks have been running on pure momo now for weeks. The worry was bad news or a possible collapse under the rally's own weight in these names would bring the party to an end. Maybe traders took BIDU as a canary in the coal mine for momentum stocks? The horseman are trying to get back in the saddle now. Bear in mind all but AMZN were at new life highs today. If these shares bust the NDX is very vulnerable.

Hong Kong Ahe 19:01 GMT October 11, 2007 Reply   
Haifa ac 18:55 GMT - Thanks Rick, Dick must hate you very much. ; ) GLGT

Haifa ac 18:55 GMT October 11, 2007 Reply   
madrid mm 18:51 GMT October 11//
It has to do with RIck:

Jkt Rick 15:37 GMT October 7, 2007
new trends from mid next week, what was down will be up what is up now, will go down...lot of turbulence from next week. those of weak hearts should take a break till jan 10 2008.

madrid mm 18:51 GMT October 11, 2007 Reply   
ropped -----dropped

madrid mm 18:51 GMT October 11, 2007 Reply   
Any particular reason why the DJ ropped ?

Global-View 18:39 GMT October 11, 2007 Reply   
USA Zeus 17:17 GMT October 11, 2007 - we will end this discussion very simply and what we have said to you ad nauseum in the past.

If you act in a professional manner, we nor anyone else will have a problem. If you come across as a teflon king, never losing, always boasting, mixing in alot of gibberish and over posting, it becomes an irritant.

If you act more like you did today, explaining your strategy so your actions do not mislead the newbie type trader, we have no problem. One suggestion and what we have said to you before - opt for quality over quantity in your posts = don't over post. It will serve us and you alot better.

This ends the discussion so no reply is necessary.

The Netherlands Purk 18:31 GMT October 11, 2007 Reply   
It is just a view JF. Many try to see where the market is heading. I just wait where it goes and watch when Dick is going for lunch/
But he is mad now so we could be back at 167 at a tick or it is Dick himself taking massive profits.
If that is the case, we will see 166000000000000 soon.

nj jf 18:28 GMT October 11, 2007 Reply   
nice one purk the stock slump took out the bullish case.

USA Zeus 18:23 GMT October 11, 2007 Reply   
USA Zeus 15:03 GMT October 11, 2007
Ok short EUR/USD 1.4228 ave now

Well closed half for +20 on the scalp. B/E for a freebie shot at smth bigger for the remaining.

The Netherlands Purk 18:20 GMT October 11, 2007 Reply   
Closed all my buggers

Geneva 18:18 GMT October 11, 2007 Reply   
Crash time began!

AZUSA 4x-ed 18:15 GMT October 11, 2007 Reply   
The Netherlands Purk 17:56 GMT October 11, 2007
Impeccable timing! Nice work Purk!

GENEVA DS 18:09 GMT October 11, 2007 Reply   
There was charts before 1997.... I was trading in 1979-2002
--
1984-1987 was range 210-140...

USA Zeus 18:09 GMT October 11, 2007 Reply   
isr jweb 17:19 GMT October 11, 2007
Thank you for the support. Very kind of you.
GL GT!

NYC jr 17:25 GMT October 11, 2007

Well jr, all is well. Thank you for your remarks. I agree with what you are saying- it makes no sense to chase a bad trade.
Perhaps my idea was not conveyed clearly. For me I prefer to build the initial position in chunks if it is a contra trade. Once price hits a potential reversal zone by identifying certain levels I start to allocate into the position up to other end of the potential zone. Once that level is reached the position is fully allocated and the stop is in place. If/when it moves in favor a full allocation is made to take advantage of the opportunity. Then a tighter stop is made. I prefer this on contra trades vs picking one price and going all in. As such, I like to get a small slice on the table once the price reaches the zone then work the add-ons at the appropriate systematic levels. Over the years this position sizing and money management process has served very well. Also important is the time frame the trade is made i.e. very short term intra-day to few days to LT.
Many good trades to you!

Purk// What more can be said? You are a clog and clogs have very keen eyesight and know the range thingy well. Thanks for sharing it. We’ll keep smiling and laughing our b’s off!

Happy Day!

Hong Kong Ahe 18:04 GMT October 11, 2007 Reply   
GENEVA DS 17:58 GMT - See the monthly chart of CADJPY from 1997 to 2007, CADJPY is now at its historical high of 120.97. The chart is speaking. I dont know when you are trading CADJPY at 190??? The Chart has wrong database???

GENEVA DS 17:58 GMT October 11, 2007 Reply   
HONG KONG ahe

Do understand your fear about CADJPY... I do not know how long you have been around in FX. I remember days, not so long ago, when I did the market making for a very big Swiss Bank , we traded CADJPY between 140.00 and 190.00 for many years. There is ABSOLUTELY NO REASON... why this should not trade there again, if fact, the reaons why it will go there and stay there are different than 20 years ago. Good luck and best to you.

The Netherlands Purk 17:56 GMT October 11, 2007 Reply   
Hmmm Jf, that is an interesting one... i was calculating the same and shorted above the 16706 again and again. Taking some profit and leaving the rest open. Lately e/j gives us many chances to short at high and long at the lows. No sense in picking tops or bottoms just take the positions and wait.
Have a good one.

nj jf 17:46 GMT October 11, 2007 Reply   
if you want to know my euryen view.
today i said it was a buy for 167.50 and to add more break 167.65.. it topped out in that zone and now retracing.. im buying it again as i think it will get to 167.80-00 later. audyen same deal it topped out just below 106.72 its bullish trigger.. corrective mode at the moment but remains a buy for later in the global day.

Hong Kong Ahe 17:45 GMT October 11, 2007 Reply   
Canada 17:31 GMT - Carry Traders dont read news, CADJPY is still holding at its 10 years historically high of 120.74 and USDCAD is still holding it historical low of 0.9739 from 1982.
All I can say, this is a very risky rise and would one-day fall, like GBP in its previous glories. GLGT.

GENEVA DS 17:43 GMT October 11, 2007 Reply   
took a fantastic RR last night in EURGBP short... ufff... was stopped badly this morning... now it looks like the planet is about to abandon GBP all over... have troubles to get so negative on the Pound , I think over the next 6 to 12 month the GBP will rise a lot and eventually be currency number one... targets GBPUSD 2.80, GBPCHF 3.25, GBP JPY 300.... anyone there ?

The Netherlands Purk 17:43 GMT October 11, 2007 Reply   
Well Mahmood, why are you telling us that Zeus is a papertrader while you dont know that?
Your language is unknown to me, that is why i am daft. You are right in everything, wish you are the best, but you do not know ANY traders results.

nj jf 17:41 GMT October 11, 2007 Reply   
jr/ precise way to approach being profitable as a day in day out trader.. zeus not sure if your referring to one of my posts or not but i dont trade the markets you do so not sure what the problem is.

LDN Mahmood 17:39 GMT October 11, 2007 Reply   
The Netherlands Purk 17:20 GMT // My real name is Mahmood but I guess Jon's real name is Zeus. my my clog(ged) head you're as daft as a brush.

Canada 17:31 GMT October 11, 2007 Reply   
OTTAWA, Oct 11 (Reuters) - Canada's trade surplus rose unexpectedly in August but only because imports fell twice as fast as exports, signaling an economic slowdown that could push the Bank of Canada toward an interest-rate cut.

Statistics Canada said on Thursday that the trade surplus rose to C$4.07 billion ($4.15 billion) in August from a revised C$3.41 billion in July.

The surplus was well ahead of the median forecast of analysts for a C$3.70 billion surplus, but it was still the second-lowest monthly balance since November 2006. The July figure was the lowest.

NYC jr 17:25 GMT October 11, 2007 Reply   
Zeus- didn't mean to attack you personally. I for one appreciate your gutsy real time trade posts. I just wanted to throw in my 2c on the money management side of it.

In my humble opinion, averaging down does not make much sense if you're a short-term trader, because fx fluctuations on an intraday time horizon are as close to random walk as you will ever get. If the price starts to prove your entry wrong, there's no need to endure the mental anguish of adding to a loser. I prefer to just cut and live to fight the next battle.

If one can train him/herself to do it, adding to winners and moving your stop to cost when you catch the right move is a lot more fun. It won't make you right any more of the time, but you'll spend more time running winners than running losers which preserves tons of mental capital.

The Netherlands Purk 17:20 GMT October 11, 2007 Reply   
Well ZEUSTER, i am sure that you are laughing your b's of at the moment. I thank thou for the call, was not sure when Dick when for Dutch Bloemkool today but indeed 14230 was a sure thing. When i read everything here smile on your face must be getting bigger and bigger, bet you enjoy this.... I see that Machmood guy's frustrations curling up, soon he will noit be able to walk anymore because people who do not put up their own name are just that: nothing.
I wish you more money than me, less than Machmood otherwise he will not show up anymore to show us nothing he has to offer.
At least you have reached the ultimum Zeuster, a dialogue with Global-view, didnt i tell you that is like winning it all?

On another note. Pairs do have a range and also the loonie. Even in this downloading market money can be made.
Good luck everybody and Happy Day! I am off for some serious laughing.

isr jweb 17:19 GMT October 11, 2007 Reply   
i love this talk. it sharpens minds and brings you to a challenge. as long as you stay freinds.. zeus i love your trades.

munich st 17:19 GMT October 11, 2007 Reply   
Tallinn viess 15:28 GMT Thanks! Good to have you back.

USA Zeus 17:17 GMT October 11, 2007 Reply   
Dear Global-View,
Please explain how one becomes a target for others to violate the rules and post attacks? Please use today as an example. It would be much appreciated if you could point out what was so inflammatory and who said it. As far as I can determine you are not fairly considering what happened here. Example- you publicly address me instead of Mahmood whom has not posted anything but spite ire for the last 30+ posts.

I am a trader and I posted my trades. The bells rang and the mob (mostly orchestrated from the GVI posters) came running- of which was supported with Global-View comments.

Is this about fairness or popularity here? What for the forum rules i.e. attacks?

Global-View 17:09 GMT October 11, 2007 Reply   
Zeus, you can only control your own actions and if you indeed take your own advice, you will become less of a target.

AZUSA 4x-ed 17:05 GMT October 11, 2007 Reply   
Hong Kong YH 16:11 GMT October 11, 2007
Model account could tell you to go long on approach or 310/320 area, however common sense may tell you that single prints have better odds then multiple ones. GL

USA Zeus 16:59 GMT October 11, 2007 Reply   
Jay- I'll take my advice and let the trades speak. What for the obvious colluded attacks from the GVI side? Let them speak for themselves as well?

Global-View 16:54 GMT October 11, 2007 Reply   
Zeus,, and we are saying take your own advice and let your trades do your talking. We have discussed this with you at great length and thought maybe you would get it if you read what you wrote about others. Please take your own advice. We will not discuss this further online.

USA Zeus 16:44 GMT October 11, 2007 Reply   
Global-View 16:41 GMT October 11, 2007

That was the idea Jay but you missed the boat. My message was intended to the colluded effort of GVI posters that seem eager to make obvious stabs. Let them post trades etc instead of the obvious.

Global-View 16:41 GMT October 11, 2007 Reply   
Zeus, we rarely speak like this in public but could not resist the opportunity you just gave us:

If you practice what you preach (see your comments below) we would all be happy, less of your posts filling the airwaves and let your trades do the talking. Please do not respond, just take your own advice.

I say stop the silly attacks, indirect solicitations etc and let the trades, themes, analysis speak for itself... that is to say if they dare.

USA Zeus 16:34 GMT October 11, 2007 Reply   
AZUSA 4x-ed 15:57 GMT October 11, 2007

LOL- well those "how to trade fx" or "forex made e-z" authors and coaches always seem to find a way to give their tremendous value away- esp if there is a major conflict of interest i.e. promoting via their employer (the bookie)
The other so called experts are just as humorous. They tend to window shop on forums and look for opportunities to indirectly solicit.

Oh- well I mean they are eager to stab, jeer and poke at successful traders on the amateur forum by abstractly singling out a trade etc to lure others into thinking that somehow an "expert" can do even better.

Of course we know this silly sales tactic. Instead of actually growing a pair and posting trades, themes, ideas etc for fear of being wrong more often than not they only post political campaign style messages i.e. "Vote for me because I can falsely attack my candidate and sling mud. That's where I stand on the issue so give me your vote". Giving them a vote means paying access to see their views or handing over your account for them to trade. Guess what- their results are horrible.

I say stop the silly attacks, indirect solicitations etc and let the trades, themes, analysis speak for itself... that is to say if they dare.

BTW- there are no 'experts' at trading. There is no such thing.

Happy Day!

Stockholm za 16:15 GMT October 11, 2007 Reply   
re....
Experience and commonsense tells us that 90% of the FF post is non model driven.
Mostly ego for glory.

NYC jr 16:12 GMT October 11, 2007 Reply   
I learned along time ago at the roulette table that martingale works until it doesn't.

Hong Kong Ahe 16:12 GMT October 11, 2007 Reply   
It is very funny to hear the news. It said due to oil inventory of US lesser, USD rose. It also said due to narrow of trade balance, USD rose too. Where????? Did USD ever rise? Or USD rise just against YEN only? Where is the Carry Traders leading to us? Or Might we wait for the Brave BNZ to lead in the intervention?

Hong Kong YH 16:11 GMT October 11, 2007 Reply   
should we long GBP now? GBP tried this level so many times but still will rebound. moreover, EUR is very strong, may lead GBP up. Please share.

madrid mm 16:08 GMT October 11, 2007 Reply   
Remember, there is no one singular right way to trade.
-There are traders that are successful using technical or fundamental analysis, short-term scalping methods, long-term trend following, and any number of other methodologies.

But hope is not a strategy.!!!! 8-O

It is funny really, the more i trade the more i have losing trades. But my winners are bigger than my losers !!!!

madrid mm 16:04 GMT October 11, 2007 Reply   
How to Read a Commitment of Traders Report
Click here

Makassar Alimin 16:02 GMT October 11, 2007 Reply   
despite euro and aud rally, gbpusd is the weakest link so far, no wonder eurgbp is going to the moon

AZUSA 4x-ed 15:57 GMT October 11, 2007 Reply   
USA Zeus 15:48 GMT October 11, 2007
I thought fx book publishing was a low margin and low profit endeavor? Maybe we should ask K. Lien?

nj jf 15:57 GMT October 11, 2007 Reply   
on this forum we do talk about it from time to time, but its proven that many people dont pay attention to the details until its too late. professional/non professional everyone makes mistakes hopefully that makes traders better from monitoring the forum.

USA Zeus 15:48 GMT October 11, 2007 Reply   
Yes very valuable. They should always limit their losses. We can read this in those $10 trading manuals i.e. limit risk, maximize gains etc.

That's why those who can-do. And those who can't (so called 'professionals') talk (chirp, jeer, sell $10 manuals etc). about those who can.

Tallinn viies 15:46 GMT October 11, 2007 Reply   
Geneva 15:36 GMT - could be true. I dont follow other currencies. most likely usdjpy may show even more astonishing results. this was about eurusd and purely memory is saying that during last 10 years it hasnt been more than 50 ticks higher from higher bollinger.
of course I never back tested that because its not important just good to know where we may heading. of course you can use 1 or 2 standard deviation also for example :)

Geneva 15:38 GMT October 11, 2007 Reply   
Sorry, weekly chart

Geneva 15:36 GMT October 11, 2007 Reply   
Tallinn viies 15:28 GMT October 11, 2007

Just for your statistic the USD/CAD is over the Bolliger at 100 pips on daily chart!

How many bars do u use?

USA Zeus 15:34 GMT October 11, 2007 Reply   
Posted gains over last week on same strat for a coupla figs gain. Never know in advance what a trade will do but this forum is not lacking of many who chirp and jeer afterwards. Many critics here.
Let's see...

Global-View 15:33 GMT October 11, 2007 Reply   
Thanks jf for passing on such valuable insights.

nj jf 15:29 GMT October 11, 2007 Reply   
also it would be good advice as to what can happen when the mkt really makes a strong move to read some of the recent posts of people who have lost big in the $cad. im sure they now wished they had set solid limits for their trading and advice they received.

Tallinn viies 15:28 GMT October 11, 2007 Reply   
munich st 15:05 GMT - hi, have been here every day just nothing to say. trend quite clear. question only is = 1,45 when not if. lately I have been more like trend follower. I have small radar which follows ndx, crude and eurusd. I trade them all. lately they all have been moving together. correlations hasnt been so good for long time. if you look at the charts you see that crude and euro both nearing to the yearly highs with full speed. nasdaq100 has been doing new highs daily from the middle of the september.

on euro front I have been playing this game on long side. still using 3 different ema´s, slow stochastic, macd and bollinger.
on monday euro made new low, stochastic crossed higher near oversold area. yesterday euro closed over mid ema and then today it finally blast off higher. right now it seems inevitable to test at least 1,4275/80 today or tommorow. higher bollinger at 1,4266 on my screen. it usually cant move over it more than 50 ticks on closing basis. only one weak indicator on my screen - macd. with nice close tommorow it may change and turn picture even more bullish on daily charts.
other bad thing is weekly charts. which indicate more consolidation ahead. so stops must be close or leverage small. gl

USA Zeus 15:27 GMT October 11, 2007 Reply   
Looks like the identified levels for a 23 pip allocated fade may play out nicely here.

nj jf 15:21 GMT October 11, 2007 Reply   
if your a short term trader all you have for protection is identifying levels and trading them, adding up to 50 pips agst you can be an account wiper over time especially for those with not much expereince at taking a fixed loss/often times hoping it comes back to b/e comes into play. so definately its where you spend your time and money to identify a style for you.

USA Zeus 15:20 GMT October 11, 2007 Reply   
AZUSA 4x-ed 15:07 GMT October 11, 2007
Hard to tell what Moody cheers as it only has a beak and no balls.

Hong Kong YH 15:15 GMT October 11, 2007 Reply   
please help, is anyone using censored? Is SSI index reliable? they said when most retail trader short one currency, then you should long that currency. is that true?

Gen dk 15:12 GMT October 11, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

PAR 15:09 GMT October 11, 2007 Reply   
Whatever cost advantage Ford, GM and Chrysler try to get by sqeeuzing their UAW labor force Toyota and the other Japanese more than make up by devaluing the yen .

AZUSA 4x-ed 15:07 GMT October 11, 2007 Reply   
Plenty of cheerleading out there... hope they have the decency to wear the skirts. Not quite sure what cheer you are calling Mahmoony?

munich st 15:05 GMT October 11, 2007 Reply   
Hi Viies, long time. What's your take on eurusd. U used to post more often and i liked your trading technique with previous day's low or high being taken or not, etc. TIA

USA Zeus 15:03 GMT October 11, 2007 Reply   
Ok short EUR/USD 1.4228 ave now. Will add for full allocation if higher is seen. No need to pick a single price when taking a position. That would be prideful and foolish. Best to work into then out of a trade with multiple levels.

Happy Day!

madrid mm 15:01 GMT October 11, 2007 Reply   
what are $395 million nowadays ? How many Euros is that ? 8-) It looks better in YEN though ...lol

According to a recent SEC filing, Morgan Stanley's quant traders lost a cool $395 million in a single day in August. Ouch. That's got to be some sort of record. Goldman Sachs also got hit by the volatility. In six trading days, it lost more than $100 million. Those losses were more than offset. However, by a gain of more than $100 million on 23 days. The Financial Times notes that these disclosures help explain their 3Q performances. Morgan lost $480 million from quant-style trading, while Goldman Sachs posted a surprising gain that it said was due to timely hedges. The filing shed some, but not a lot, of light on its techniques, which have been the topic of some debate. Goldman bet against various mortgage-related indexes and made bets in the credit default swap market. The real message here is that there is a fine line between huge gains and losses, which is precisely why the market grants these firms such low multiples.

http://www.ft.com/cms/s/7fd21176-778a-11dc-9de8-0000779fd2ac,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2F7fd21176-778a-11dc-9de8-0000779fd2ac.html%3Fnclick_check%3D1&nclick_check=1

Tallinn viies 15:00 GMT October 11, 2007 Reply   
buying euros for abn amro probably not over yet?

Hong Kong YH 14:59 GMT October 11, 2007 Reply   
Philadelphia Caba 14:53 GMT October 11, 2007

may i know dailyFX suggest long, then how come you do invesrsely with dailyFX?

denver jake 14:59 GMT October 11, 2007 Reply   
Philadelphia Caba 14:53 GMT October 11, 2007

hello caba, you still holding euro.pound longs from .6900 like myself? might be time to take some profits off the table. I'll cut 3/4 here and look to reload a bit lower. euro just broke out of a bear channel on dailies yesterday so today's move isn't surprising, the magnitude is though!!!

USA Zeus 14:58 GMT October 11, 2007 Reply   
Ok- Scaling in 4th add-on 1.4238

madrid JM 14:54 GMT October 11, 2007 Reply   
eur is like a float, you can push and push but its always coming back to the surface of the water

LDN Mahmood 14:54 GMT October 11, 2007 Reply   
USA Zeus 14:40 GMT // You're still clueless and besides that everyone knows you're a papertrader - and what's more amazing is that you're not even good at that either.

Philadelphia Caba 14:53 GMT October 11, 2007 Reply   
DailyFX just went go long on eur/jpy at 167.25 & eur/ch at 1.6771 .... it's time to go short for some nice pips..imho.

Bon Air VA Dennis 14:47 GMT October 11, 2007 Reply   
this current move in EUR looks like nothing more than a pure momentum play by gunslingers. couldn't push it lower to run it higher to see if stops can be run, has no resemblance to refelcting reality than I resemble Trichet.

HK [email protected] 14:44 GMT October 11, 2007 Reply   
USA Zeus 14:40 GMT October 11, 2007

You are trading your american pride. This is nonsense in the currency MKT.
Later on(after losses) you may turn anti american and may join the Bin Laden Group.

USA Zeus 14:40 GMT October 11, 2007 Reply   
Well logical thing was to add
Added short EUR/USD 1.4237

AZUSA 4x-ed 14:21 GMT October 11, 2007 Reply   
USA Zeus 14:17 GMT October 11, 2007
I hear you Dr., I'm a few pounds lighter myself

EU theEUROqueen 14:20 GMT October 11, 2007 Reply   
well the 1,48-1,5*is comming..

happy trade

HK [email protected] 14:19 GMT October 11, 2007 Reply   
USA Zeus 14:17 GMT October 11, 2007
Added short EUR/USD 1.4221

You may be carried to 1.4287 no need to jump so fast

USA Zeus 14:17 GMT October 11, 2007 Reply   
Added short EUR/USD 1.4221

USA Zeus 14:17 GMT October 11, 2007 Reply   
Short EUR/USD 1.4215

HK [email protected] 14:14 GMT October 11, 2007 Reply   
After the last ret. Euro has the capacity to test the all time high

Gen dk 13:57 GMT October 11, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Maribor 13:46 GMT October 11, 2007 Reply   
Geneva 13:28 GMT October 11, 2007

Trade balance is difference between imports and exports and is influenced by relative import and export prices, thus REER and other factors influencing relative consumption home and abroad. If government hire helicopters and throw USD notes all over the country, people will spend them, so consumption(imports) will be bigger than determined by relative prices. As this would be seen by everyone(not desirable), it can also be done by government purchases and government jobs, paid for with IOU money(deficit). Deficits and such spending can, however, be hidden as there is always some loophole in accounting.

Sofia Kaprikorn 13:38 GMT October 11, 2007 Reply   
NYAM //
things don't look that good - I switched to short EY at 166.78...

pittsburgh pa 13:36 GMT October 11, 2007 Reply   
anyone have any targerts for the eur/usd for this week?

USA Zeus 13:32 GMT October 11, 2007 Reply   
"...when you have eliminated the impossible, whatever remains, however improbable, must be the truth."-
Sir Arthur Conan Doyle

Geneva 13:28 GMT October 11, 2007 Reply   
Maribor 13:19 GMT October 11, 2007

The trade balance in import and export.
The problem is china not Europe.!

USA Zeus 13:26 GMT October 11, 2007 Reply   
Right- Well we the irrational exuberance grows strong when the market proves itself true.

Thus rational consequence- EUR/USD < 1.4000 coming soon.

Happy Day!

madrid mm 13:22 GMT October 11, 2007 Reply   
Napoli DC 13:14 GMT October 11, 2007

i would love to but i am only in SPAIn...8-O

Maribor 13:21 GMT October 11, 2007 Reply   
USA and not USD...

melbourne DC 13:20 GMT October 11, 2007 Reply   
if usd close the day around these lvl , would be usd positive ... demonstrating its ability to respond to good news, $mjr not holding today's gains, and index holding above 78.00/20 (candle) . setup for nice retail data tomorrow .

.. then all this will turn out to be usd bull trap if some CB couldn't care less and sell usd anyway after the data.

Maribor 13:19 GMT October 11, 2007 Reply   
Geneva 13:05 GMT October 11, 2007

Trade balance is also function of budget deficit/suficit, not only real efective exchange rate.

USD are obviously living on IOU...

USA Zeus 13:14 GMT October 11, 2007 Reply   
Is that you Khalid? God Bless
FOREVER!!!HAHAHA!!!!LOLOLOL!!!!

Napoli DC 13:14 GMT October 11, 2007 Reply   
madrid mm 13:04 GMT October 11, 2007

would you buy some (of the cheaper) from me?
nice price....

Melbourne Qindex 13:13 GMT October 11, 2007 Reply   
USD/CAD : The following is still valid :-


Melbourne Qindex 11:27 GMT October 6, 2007
USD/CAD : Heading Towards 0.9634

The pattern of the monthly cycle charts suggest that the market has a tendency to trade between 0.9492 and 1.0072. The mid-point reference of 0.9492 and 1.0072 is 0.9782. The market is going to consolidate between 0.9759 - 0.9865 for the time being and the odds are high that it would tackle 0.9634.

AZUSA 4x-ed 13:13 GMT October 11, 2007 Reply   
Geneva 12:57 GMT October 11, 2007
From a technical standpoint, I would not discount the possibility here as the USD Index (at least the CME version) has the makings of a H&S

Geneva 13:05 GMT October 11, 2007 Reply   
Trade balance is still -57.6b with a dollar at all time low... thats mean the proiblem is not the dollar value, when they will understand it it will be too late.
In the mean time the world get used to other cccys.

God bless EUROPE!!!!!

madrid mm 13:04 GMT October 11, 2007 Reply   
PAR 12:52 GMT October 11, 2007

Not to long before we hear about the Venezuelan bolivar + Mexican peso carry trade then LOL


1 Venezuelan bolivar = 0.000466 U.S. dollars

1 Mexican peso = 0.092218 U.S. dollars

Sofia Kaprikorn 13:02 GMT October 11, 2007 Reply   
I feel a bit uneasy with the long EY and GY cuz there was co continuation by now..
and this break higher in EURJPY might just prove a fake and dive under..

FW CS 13:02 GMT October 11, 2007 Reply   
Trade gap can shrink by either expanding US exports or (recessionary or trade barriers) lessening demand for imported goods. -57B is still not a low number it needed to be about
-40B to go along with a falling TICs number.

madrid mm 13:01 GMT October 11, 2007 Reply   
PAR 12:52 GMT October 11, 2007

and their JAPANESE trade partner ?

Geneva 12:57 GMT October 11, 2007 Reply   
There is any body there who still long dollars?

AZUSA 4x-ed 12:55 GMT October 11, 2007 Reply   
London NYAM 12:26 GMT October 11, 2007
Ditto - but on the lookout for 310/320 area. GL

PAR 12:52 GMT October 11, 2007 Reply   
Us trade gap with Europe and China is shrinking but expanding with their good friend Venezuela and neighbour Mexico. Maybe chinese and european products finally are becoming too expensive .

Como Perrie 12:40 GMT October 11, 2007 Reply   
Gold did not move onto numbers ..still record new highs printed there...some more real investments seeking out of dull markets more yet higher direction...

Sofia Kaprikorn 12:38 GMT October 11, 2007 Reply   
the link is clear already - Dood US numbers - stox gain - carry is happy..

Rio Tinto Analistafx 12:36 GMT October 11, 2007 Reply   
madrid JM 12:34 GMT October 11, 2007
good numbers for US growth

Maybe some downside to the other currencies during this day.
GT & GL

Como Perrie 12:36 GMT October 11, 2007 Reply   
presume the marekt was mixed onto US figures asa prices are just seeking direction either ways.. so far in modern economics trade deficit at least when financed from foreing countries does not count..btw guess we are around 800 bio total trade defit matured into present..nearby the whole of chinese surplus

madrid JM 12:34 GMT October 11, 2007 Reply   
good numbers for US growth

HK [email protected] 12:32 GMT October 11, 2007 Reply   
If the BOJ didnt raise interest rates, it is not because the Japa. econ. still needs a boost or to fight deflation which do not exist anymore.

It is just that they know in what very very very hard situation many corporations and financial institutions are this time, with inability to pay their monopol money(yen) loans.
But when the s h i t will hit the fan within days from now, and the full extent of the truth will be known, yen may behave differently.

Como Perrie 12:32 GMT October 11, 2007 Reply   
I do have prices jumping as crazy...guess something not that good with markets. It just can't be...bottleneck orders congestions are pure dullness

Como Perrie 12:26 GMT October 11, 2007 Reply   
eurusd mini resistance approx 1.4215..will It hold again

London NYAM 12:26 GMT October 11, 2007 Reply   
Longed GBPUSD 2.0347
Out of EURGBP short .6772 +43

HK [email protected] 12:24 GMT October 11, 2007 Reply   
It is no clear that yen is targetting 118.50 nothing can stop it

Makassar Alimin 12:21 GMT October 11, 2007 Reply   
any news triggering gbpusd downside?

Geneva 12:21 GMT October 11, 2007 Reply   
PAR 12:13 GMT October 11, 2007

Who care????. we are in michey mouse world!

Como Perrie 12:13 GMT October 11, 2007 Reply   
Strange and difficult trading..so far with gold aroun 750 spot high likely usd to be sold again... eur and aud particularly

PAR 12:13 GMT October 11, 2007 Reply   
Big question is if Northern Rock is ever going to repay the BOE or just say "Thank you for the money " .

Como Perrie 12:10 GMT October 11, 2007 Reply   
over larger term chances for eurjpy to print again that 169 -177 are high at this point after BOJ has got seemingly trapped into flat interest rate policy.

Como Perrie 12:04 GMT October 11, 2007 Reply   
eurusd raised stop into 1.4170

Sofia Kaprikorn 12:00 GMT October 11, 2007 Reply   
added some at 239.65 - well for me 167.40 & 240.65 are good enough

London NYAM 11:52 GMT October 11, 2007 Reply   
Sold another half at 166.95 stops above 167.50 and 70
Ok Kap. Good luck!

Sofia Kaprikorn 11:46 GMT October 11, 2007 Reply   
I read a lot of interview with famous traders and most don'tthink patterns and figures matter that much -
but from my own experience I don't wan't to be short on a break of a that long consolidation in EURJPY //the rising wedge on 4H chart..//

I have seen a Resistance breakout and it looks even more decisive now with price reaching for 166.90..

I just see it accelerating thru the acceleration in USDJPY...
for an exahustion rally maybe - but I guess it will be a sharp move for 80-100 more on the upside..

madrid JM 11:42 GMT October 11, 2007 Reply   
Bank of England to lend additional funds to Northern Rock¡¡¡¡

Sofia Kaprikorn 11:42 GMT October 11, 2007 Reply   
nyam //
I'm long 166.85 & 239.55..

don't see a reason to fight the trend..

Gen dk 11:38 GMT October 11, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

London NYAM 11:33 GMT October 11, 2007 Reply   
Some macro scale targets for E/J
O 149.2400
Wave 1 159.6600
Wave 2 155.1500
REGULAR EXTENSION
1.618 166.0996 ***
2.618 176.5196
4.236 193.3791

PLUMMER
1.618 162.4472
2.618 166.9572 ****
4.236 174.2544

Lahore FM 11:31 GMT October 11, 2007 Reply   
jpy weakness continues and so does carry rewind.

off on this note for a vacation.gtgl all!

St. Annaland Bob 11:29 GMT October 11, 2007 Reply   

with such performance of Japanese companies and the Japanese economy, why not most economies adopt interest rate levels as in Japan?

Mumbai Deepak 11:19 GMT October 11, 2007 Reply   
saopaulo cg 11:10 / They are always fighting the last war, willing to buy a dip or sell rally, when if comes looks like a short term trend reversal. As a result, most miss it anyway. They are always in cash, waiting to do this and that fearfully :)

Toronto tn 10:53 / Excellent!

melbourne DC 11:19 GMT October 11, 2007 Reply   
saopaulo cg 11:18 GMT October 11, 2007
i think apart from 70-90 area, for eurusd the .xx85 line is also key .

saopaulo cg 11:18 GMT October 11, 2007 Reply   
melbourne,
ok, appreciate your comment.

melbourne DC 11:16 GMT October 11, 2007 Reply   
saopaulo cg 11:10 GMT October 11, 2007
not for my style of trading as very s/t that would seem a fail above 1.42.
but if a day player is looking to establish a long , then its reasonable place, along with 4hr uptrend near there.

saopaulo cg 11:10 GMT October 11, 2007 Reply   
Melbourne,
you are right , the problem is how to buy it at 1.4070/90. Now, that it went to 1.4215, will you buy it if it goes to 1.4070 today?
Cheers !!!

London NYAM 11:10 GMT October 11, 2007 Reply   
Kao joining you sold EURJPY 166.72

Mumbai NS 11:04 GMT October 11, 2007 Reply   
Kapri ......my one cent to you ....if u are urself not convinced of what u r doing better get out.....as they say when in doubt stay out....as risk is u will cut when it is most undesirable gl gt

Sofia Kaprikorn 10:59 GMT October 11, 2007 Reply   
USDJPY at 117.45/50 is at a breakout level for the little stall at previous high 117.60 and then psychological level 118.

so it carries the carry with it..

Atlanta South 10:56 GMT October 11, 2007 Reply   
Lahore FM
Your most welcome my friend. Have a great day & gt.

Sofia Kaprikorn 10:56 GMT October 11, 2007 Reply   
trend - friend - well I didn't manage to exit nicely in the last blip to 166.69 and 239.05 - so Just go with the flow now at 166,85 and 239.55

melbourne DC 10:56 GMT October 11, 2007 Reply   
saopaulo cg 10:50 GMT October 11, 2007
in fairness 2 Mr Boris .. he is actually recommending a long ..

' Strategy: Look to establish bull position near 1.4070/90, against 1.4015, target >> above << 1.4281 '

London NYAM 10:55 GMT October 11, 2007 Reply   
London NYAM 14:10 GMT October 10, 2007
Out of long dollars without time to post. News and stocks look like they will weih down the dollar Short only USDCAD (reversed from) .9813 and re-entered long EURGBP .69295

out of half on USDCAD short .9761 +52 (added at .9827 but thats just me)

Toronto tn 10:53 GMT October 11, 2007 Reply   
Sofia Kaprikorn 10:14 GMT October 11, 2007

Why look for something that may or may not be there when the uptrend is actually clear as day? You don't get extra points for complexity, but it's a good way of emptying your account quite quickly. Stick to what will put pips in your pocket with ease. gl gt.

Hong Kong YH 10:51 GMT October 11, 2007 Reply   
madrid mm 10:44 GMT October 11, 2007

related to Forex? no kidding

saopaulo cg 10:50 GMT October 11, 2007 Reply   
Euro Carving out a Double Top? From Boris.

Commentary: While the near term picture for the EURUSD clearly looks bullish as the pair reneters the buy zone, the upleg may be limited in scope momemtum has turend negative. The pair looks to be in process of setting a double top and only a clear break of the all time highs at 1.4283 would suggest further upside action. Thus while longs are favored they should be monitored closesly.

madrid mm 10:44 GMT October 11, 2007 Reply   
KEep an eye on GBP. Anything can happen . 8-)

Much of central Scotland was brought to a standstill after a lorry containing 3,000 chickens crashed on the A80, resulting in birds running loose.

http://news.bbc.co.uk/1/hi/scotland/tayside_and_central/7038953.stm

Lahore FM 10:38 GMT October 11, 2007 Reply   
Atlanta South 10:16 GMT October 11, 2007
Thanx South,that was exceptionally kind of you!

Mumbai Deepak 10:36 GMT October 11, 2007 Reply   
Kapri....I always look from a monthly down to micro 4-Hourly. I dont look below that. I trade long term only in a Treasury.

Sofia Kaprikorn 10:29 GMT October 11, 2007 Reply   
Deepak - it's always to have somebody who takes care of the big picture as always catch muself too into Hourly with any perspective on the levels from macro zoom level...
really interesting point on Monthly 20dma and 200 dma..

btw - Daily USDJPY is right before a major cross on 20 and 55 dma's and I think this uptrend is on the point of further acceleration..

Mumbai Deepak 10:27 GMT October 11, 2007 Reply   
NS 10:22 / …..That line put a huge smile on my face! I can’t wait for that to print! Thanks

You know, the commodities guys here still dont believe it!

Como Perrie 10:25 GMT October 11, 2007 Reply   
All this while apparently flows trugh eurgbp for the ABN aquisition have started to develop sizeably.

London NYAM 10:24 GMT October 11, 2007 Reply   
London NYAM 14:10 GMT October 10, 2007
Out of long dollars without time to post. News and stocks look like they will weih down the dollar Short only USDCAD (reversed from) .9813 and re-entered long EURGBP .69295

out of half of EURGBP at .6967 for +38

Mumbai NS 10:22 GMT October 11, 2007 Reply   
Deepak cool yaar inr heading for 38.3 and lower wat say glgt

Atlanta South 10:16 GMT October 11, 2007 Reply   
Morristown GG
{Ref 07:38} Welcome to the forum. Yes, trading in general
can become addictive, but it must not be treated as gambling.
Whatever you do study, ask questions & learn from others
before committing funds. There are many good traders on this
forum, but never get dependant upon their advise as a method of trading. Yes, I would say FM is one of the best as
I also value his views. These are just my thoughts & views
& nothing more. I wish you the best in the day ahead. GT

Mumbai Deepak 10:15 GMT October 11, 2007 Reply   
NS…I was just pointing out the Resistance, from my perspective. I am cool! Great trades!

Sofia Kaprikorn 10:14 GMT October 11, 2007 Reply   
yeah - strange that I am more inclined from Daily EURJPY chart to think the uptrend lost steam.. and need to see 164 for support..

but it's all about the timing anyway.. and actually about Leverage - you can be right and still lose if the leverage is too high that you can't wait until the move you saw on the chart materializes..

Mumbai NS 10:10 GMT October 11, 2007 Reply   
Deepak frankly u don't see it is ur perspective and a view which i appreciate......where i see it is not worth typing atm and let us leave it at that for the moment......it's all abt perspective and the way u see charts ....i am no follower of ma's to establish macro trends.....and tks for ur views appreciated gl gt

Mumbai Deepak 10:04 GMT October 11, 2007 Reply   
Karpri......Hope you get the pullback in E/Y. Frankly, I dont see it.

NS....USD-JPY has 20-Monthly MA at 117.43 and then the big Resistance is the 200-DMA at 119.23.

PAR 09:59 GMT October 11, 2007 Reply   
Trichet : Exchange rates should reflect fundamentals . What more stupid things can he say , maybe talk about PPP . Trichet is living in an Ivory tower in Frankfurt and does not understand what other central banks are doing in this globalised world .

Mumbai NS 09:58 GMT October 11, 2007 Reply   
To add price is never the sole determinant look for px-vol relationship closely especially when u r trying to pick tops or bottoms answers can be change with one whipsaw .....s/l is God and key cheers gud luck to all gl gt

Mumbai NS 09:53 GMT October 11, 2007 Reply   
Just see once usdjpy on the larger time frame also before drawing firm conclusions and see a paradox in the past from 117.80 areas and u will be surprised to notice where the usdjpy culd head ......surprise because i am hardly seeing one or two posters on this forum pointing it out and that too meekly because it is against the majority .....take care... and don't count ur chickens......gl gt

Sofia Kaprikorn 09:47 GMT October 11, 2007 Reply   
Mumbai Deepak //
yes indeed!
tnx for the help as I was really confused... I watched some line on the chart but your rationalization gave me another point of view ...

hope I can implement my strategy and reverse with minor loss...

btw - I was looking the price move 100 pips in straight line thru the Upper Wedge/Resistance line - - and was asking myself - well how you can wait a correction since if there is correction it will happen on the Res line and thus the Res level breakout will not be confirmed..

so if I want to long both EURJPY & GBPJPY and ride the breakout - I would better use any brief pullback and reverse ...

dubai ML 09:41 GMT October 11, 2007 Reply   
Resistance & support
EURUSD GBPUSD USDJPY USDCHF
1.4285 2.0550 118.75 1.1990
1.4220 2.0495 117.90 1.1925
1.4180 2.0380 117.30 1.1805
1.4010 2.0350 116.30 1.1800
1.3930 2.0280 115.20 1.1740

Mumbai Deepak 09:38 GMT October 11, 2007 Reply   
Kapri...A range is one within which the trading has taken place for some time. As you have already written, E/Y has moved up 100 pips in a straight line. Hence I dont see any range, and no top end of the range. If anything, this is a breakout from the last 4 day range of 164.00 and 166.00. Hence I guess E/Y is headed towards 169.12 (2007 Highs) in the next few days.

Sofia Kaprikorn 09:38 GMT October 11, 2007 Reply   
however the JPY which is key has a good potential to meet the 118 level and on Daily it's in a steady uptrend ...

since I'm both EY & GY short my strategy is to wait for a brief correction towards 166.35/45 and 239.00/10 and long both pairs from these levels... as once the JPY traders wake up and sell more YEN in the late NY session they will go for new highs...

the trend is intact so why fight it?

Sofia Kaprikorn 09:30 GMT October 11, 2007 Reply   
I know in trends it doesn't work.. but see EURJPY has anormal range about 100 pips - today it already moved from the 165.54 low to the 166.77 high - which is a total of 122 pips in a straight line...

so a better strategy is to short around the range highs ..

Purk is that right?

Bris bernhard 09:22 GMT October 11, 2007 Reply   
The Netherlands Purk 08:31 GMT October 11, 2007

I assume Dick is a super trader here
Cannot find his postings in Archives
What time is he coming in? TIA

Mumbai NS 09:19 GMT October 11, 2007 Reply   
Agree and joined u there but half my normal size gl gt

Sofia Kaprikorn 09:14 GMT October 11, 2007 Reply   
to me the wedge on EURJPY holds the key - 166.70 level if borken decisevely on 2 to 4H charts will see the rally extended - other wise it's just a fake rally above 1.42..

just an observation... but my shorts are right around the top so it will be good R/R - if it goes along...

London Gooner 09:12 GMT October 11, 2007 Reply   
Cable is moving in an inverted shs with neckline 2.0500 - break has
potential to tackle top of bull chanel 2.0575 area.
That's a bulish scenario if todays low holds.

Lahore FM 09:08 GMT October 11, 2007 Reply   
Lahore FM 07:39 GMT October 11, 2007
Ramat,cable's downside failure is as much a possibility at the moment.we will know soon.
==
the rise over last hour makes it likely that the downside failed.

Sofia Kaprikorn 09:06 GMT October 11, 2007 Reply   
yeah my calling the tops never works..
better be on the long side..

Morristown GG 09:04 GMT October 11, 2007 Reply   
Long AUD/YEN 106.13
Against my instincts, but letting the market
rule. Seems no stopping gold for now, and Yen
rates to stay low for a long time. They also have room to
raise rates.

Mumbai NS 08:37 GMT October 11, 2007 Reply   
Well Purk i use stops and i think i will be stopped but i reload at higher lvls if view remains same that is the plan i follow and it works for me but honestly now getting info that RBS thing is almost thru so hope i survive gud luck gl gt

Sofia Kaprikorn 08:36 GMT October 11, 2007 Reply   
btw - 4H chart - EURJPY is very close to its top and calls for a correction to 164..

Syd .. 08:35 GMT October 11, 2007 Reply   
The U.K. faces the risk of stagflation with the economy set to slow significantly against a backdrop of relatively strong pricing pressures, a report by a leading business lobby group found Thursday.

The British Chambers of Commerce's quarterly economic survey also recommended that the Bank of England's Monetary Policy Committee cut interest rates at its meeting next month to avoid the need for sharper rate moves ahead.

"Relatively strong price pressures, though below the peaks (seen in the fourth quarter of 2006), signal risks of stagflation," the BCC survey found.

"The U.K. economy is set to slow markedly, and small firms could face problems," it said, adding that prospects for the economy had worsened following the credit crunch.

Economic growth in the U.K. hit an annual 3.1% in the second quarter of this year, and the government expects it to average a robust 3.0% over 2007 as a whole. But in his pre-budget report published Tuesday, U.K. Chancellor of the Exchequer Alistair Darling tipped economic growth to slow markedly to between 2.0% and 2.5% in 2008.

The BCC survey highlighted an increase in demand in the manufacturing sector, where the net domestic sales balance lifted to 36% in July-September from 31% in the previous quarter. That result matched a record high in the series, which began in 1989.

But figures for the dominant U.K. services sector were less upbeat, with the net domestic sales balances dropping seven points to 29%. Domestic orders also worsened somewhat in both manufacturing and services, and the services export orders and sales balances fell to their lowest levels since the fourth quarter of 2004.

"The results of this survey show that the MPC must cut interest rates in November," said David Kern, economic advisor to the BCC. "An early cut in interest rates will reduce the need for larger and riskier cuts later on."

The BOE has raised the policy rate five times since August 2006, most recently in July to 5.75%. Most economists tip the central bank's next move in rates to be to the downside, but growing market expectations that a cut could come as soon as November have receded after hawkish-sounding comments from BOE Governor Mervyn King Tuesday.

King has expressed concerns about capacity pressures in the U.K. economy, and the BCC survey backed up that view, with the proportion of manufacturing firms running at full capacity rising seven points to a balance of 45%. The balance for services companies gained two points to 42%.

In what may pose another headache for the MPC, there were also indications of sharply stronger pricing pressures in the manufacturing sector, the balance for which rose eight points to 32%.

Despite financial market turmoil at the time the survey was conducted, services sector business confidence improved in the third quarter, with the turnover confidence balance rising four points to 59%. But the manufacturing sector balance dropped nine points to 52%.

When it came to investment, however, the tables were turned. The balance of manufacturing firms planning to boost investment in plants and machinery lifted five points to a record high of 33%, but the balance for service sector firms fell two points to 17% - the lowest reading since the second quarter of last year.

The BCC survey polled more than 4,700 companies across the U.K., employing around 300,000 people. It was conducted between Aug. 27 and Sept. 19.

The Netherlands Purk 08:31 GMT October 11, 2007 Reply   
Mumbai NS 08:27 GMT October 11, 2007

This is not Dick NS, he is still asleep. This is just some range and some direction, because we do need direction you see?
Later on Dick comes in, and there will be NN aswell to anoy him, than Dick will show or shake hands with NN.
I dont use stops, i just add till i drop and than close it all out with loss or profit. That is the plan. I start small and i end up with all my possies.

Gen dk 08:31 GMT October 11, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Sofia Kaprikorn 08:27 GMT October 11, 2007 Reply   
what is this weak rally in EURUSD while GBPUSD is pounded?

I see it's the EURGBP cross making the move but --- please tell me what is the implication of this arbitrage play?

GBPJPY is weak and calls for 100-200 pips down but still not giving in...

Mumbai NS 08:27 GMT October 11, 2007 Reply   
Purk looks like ur friend/enemy is very angry today he is on a mission not taking rest at all will eat my stop on bugger now hehhehehhe gl gt

Morristown GG 08:24 GMT October 11, 2007 Reply   
I guess what I'm asking is once the Euro reaches 150 and higher, the yen 120-130, the AUD at 100 etc., after Their CBs try to sell the values down, where those economies won't be able to absorb much more, what will they do with dollars? Is there a govt or say EU willing to let their currency continue being bought? The only two that might - under certain circumstances, is Yen and Chf, but EU seems to be strong in depressing Chf and Gbp for political reasons as they want those two to be absorbed by Euro.
So far only the Euro has displayed much resilience and potential for unstoppable rise - even amidst Sarkozy's and other's occasional complaints. Once they absorb more population, the rise of the Euro, won't hurt as much as the market will be so huge. I expect also an arrangement where many currencies start to peg to the Euro, such as in South American countries, possibly middle eastern, and with some political coordination, this could happen very quickly.

madrid mm 08:24 GMT October 11, 2007 Reply   
Morristown GG 08:05 GMT October 11, 2007

Absolutely, don t get me wrong as i wish you success most defenitelly.8-)

Lahore FM 08:23 GMT October 11, 2007 Reply   
thanx NS,thanx mm!

Lahore FM 08:21 GMT October 11, 2007 Reply   
Lahore FM 04:35 GMT October 2, 2007
long gold 739.57,stops at 734,mind only.target 750/55.
==
closed half at 746.70 for 7$.

have put rigid stops on remainder at 734.had added on drop below the mind stop.making two longs medium term positions.
still carrying half from 731 area which was partially closed at 742 area earlier.looking for 755

Syd .. 08:17 GMT October 11, 2007 Reply   
As if softening UK house prices as well as possible M&A outflows aren't enough bad news, the GBP is also facing pressure from concern about UK government finances. The Institute of Fiscal Studies is claiming that the bigger-than-expected budget deficit outlined by Chancellor Alistair Darling earlier this week will turn out a lot worse than expected if the turmoil in the financial markets continues.

Morristown GG 08:05 GMT October 11, 2007 Reply   
London NYAM and Madrid MM, Thanks for the comment.
I would say its not an addiction, but it's the first time I came to understand how gamblers could get to that point. What you are saying MM is don't let FOREX become another version of gambling. I don't enjoy gambling in general. It would be interesting to know how many of the participants here do enjoy it.
NYAM I think you are right - its about the turning point. Its hard to imagine the Euro at 2.0 - wow, and that's the turning point? I would say the turning point is 150 or so. I still think a lot of con games are left to be revealed in highly leveraged securities, further reducing confidence in the US govt. and corp accts. numbers, not to mention Moodys, SP etc. There is a lot of anger already - talk of law suits,

madrid mm 08:02 GMT October 11, 2007 Reply   
...and me FM 8-(O....

Mumbai NS 07:59 GMT October 11, 2007 Reply   
FM before u r caught in that island from me too gl gt

Lahore FM 07:53 GMT October 11, 2007 Reply   
Thanx Deepak!Thanx Fahed,to you too!

madrid mm 07:53 GMT October 11, 2007 Reply   
Morristown GG
Addiction can be dangerous...8-)
I only hope that you will NOT become a compulsive FX-seeking pleasure .

FX is hard work and time consuming fwiw and AIMHO.

Mecca Fahed 07:51 GMT October 11, 2007 Reply   

Lahore FM, have a happy Eid el Pip

Mumbai Deepak 07:49 GMT October 11, 2007 Reply   
FM....Before you go away, Happy IDD!

madrid mm 07:49 GMT October 11, 2007 Reply   
London neil You don t talk to her or she does not talk to you ? lol
8-(O

Oct. 11 (Bloomberg) -- The Swiss franc dropped to a record low against the euro for a third consecutive day. The franc slipped to 1.6746, the lowest since the common currency was introduced in 1999, and traded at 1.6742 by 8:40 a.m. in Zurich. It was at 1.6734 late yesterday, when it set a previous record of 1.6739. The franc rose 0.2 percent to 1.1804 per dollar. bloomberg.net

London NYAM 07:45 GMT October 11, 2007 Reply   
Morristown GG//welcome! personally I believe that the dollar turning point, which is what i think you re asking about, will happen at the point of maximum despair. When we startto hear about the imminent collapse of the dollar-standard and calling for eurusd at 2.00. Hasnt happened yet so i suspect its not time to buy dollars. (l/t view)

Lahore FM 07:45 GMT October 11, 2007 Reply   
GG,i will be likely away from today,except for an occasional pop.

Lahore FM 07:39 GMT October 11, 2007 Reply   
Ramat,cable's downside failure is as much a possibility at the moment.we will know soon.

Morristown GG 07:38 GMT October 11, 2007 Reply   
Good morning all, Last night Lahore FM advised that he would be out for two days - I believe for a Cultural or Religious holiday, but would try to check in a little.
I appreciate everyone's comments. I'm only into this for about 6 mo. and am hoping to grow from Newbie to ??
I started when the Carry Trade unwind was the big thing. I made some money in mid August selling AUD/YEN. Got spoiled that night. Now I see how much more there is to it. I don't have the time to take away from my regular job of architect, so I'm thinking maybe options are the way for me. But I do feel like this is a bit addicting. I can't resist logging on to see what's happening real time. My platform only deals with FOREX - no options or commodities. Yet I feel that the dollar sellers are reluctant to just convert to other currencies and are putting them into real assets such as gold, silver, real estate, stocks, etc, so they will be safe when inflation is caused by a dollar collapse. For example a Canadian bank just announced purchase of an established bank here in Eastern US - So price is being discounted 50% due to the stronger CAD. Question is will there come a point where dollar sellers will not want to just trade for another currency?

Pecs Andras 07:29 GMT October 11, 2007 Reply   
Anybody knows what has happened overnight? EUR/GBP never move 50 pips over the Asian session before.

London Neil 07:29 GMT October 11, 2007 Reply   
madrid mm 07:07// Thats a classic! Sadly I know a woman in New York just like that... she happily admited to me, and quite seriously, that she "would marry a paraplegic if he had enough money".

We dont talk much anymore...lol

Ramat Afal SBS 07:22 GMT October 11, 2007 Reply   
FM Lahore good morning,

do you think cable has failed again on the upside,
so it should be heading down now ?

thanks

hong kong nt 07:19 GMT October 11, 2007 Reply   
Bangkok FUA 04:46 GMT October 11, 2007
does anyone know what happen to FM?
seems like he is gone

He is probably leaving for vacation with a bunch of sweet young ladies, enjoying midnight sport, fine wine and seafood in a resort island somewhere near bangkok...

saopaulo cg 07:13 GMT October 11, 2007 Reply   
Jim O Neill of Goldman is recomending to be long usdeur, saying the us deficit is being reduced month by month

madrid mm 07:07 GMT October 11, 2007 Reply   
FWIW and due to popular demand from yesterday, woman looking for 500k man...
Click here

Mumbai NS 07:05 GMT October 11, 2007 Reply   
Has he gone for lunch ............now wedding of sterling to follow gl gt

Hong Kong YH 07:03 GMT October 11, 2007 Reply   
HK [email protected] 06:53 GMT October 11, 2007
London NYAM 06:54 GMT October 11, 2007

You 2 also think JPY can back to 116? then stock markets will drop too. Besides, EUR is really trying to break 1.42. If successful, then will also bring GBP up.

London NYAM 06:54 GMT October 11, 2007 Reply   
Purk// so far looks like My pacakes will be with Maple syrup after all rather than dutch style ;) kidding much too early to tell.
DS//I was tempted to raise an eyebrow at that Eur?GBP call...ouch.
GBPUSD hit my limit at 2.0370 but Eur never looked back. usdjpy is still coiling up and, like i said these oairs dont dance together so its probably like rf says, later today 116.xx.
last nonsense point: I am sticking with the call i made on my natal day that the 10th Oct will probably mark the high for us equities for the year. if im wrong ill give my presents back and buy IBM.

HK [email protected] 06:53 GMT October 11, 2007 Reply   
Hong Kong YH 06:37 GMT October 11, 2007

Yes but it is only a possibility one should beware of.

And if Euro will break above 1.4200 we'll get an additional strong move upward.

Mumbai NS 06:49 GMT October 11, 2007 Reply   
Really missing Dallas GEP and his wonderful posts on eurgbp where are u sir not seen u for quite sometime .....ifu r arnd pls do oblige gl gt

St. Annaland Bob 06:44 GMT October 11, 2007 Reply   

|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
10:15 (BST): ECB’s Trichet speaks at Bank of Russia, Moscow.
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||

Russian breakfast may cause Trichet to experience side affects due to having Stolichnaya in place of Evian.

Hong Kong YH 06:37 GMT October 11, 2007 Reply   
HK [email protected] 06:26 GMT October 11, 2007
What do you mean? JPY strong?

Mumbai NS 06:27 GMT October 11, 2007 Reply   
Just heard some RBS related demand still doing the trick the Dick will eat more stops in euro hold back ur knife or sword for a while gl gt

HK [email protected] 06:26 GMT October 11, 2007 Reply   
That neutral trend of the yen may end as well at 116.30 as a small surprise, so better to wait for a clear signal

Mumbai NS 06:24 GMT October 11, 2007 Reply   
Tx Purk for clarifying i was quite taken aback cheers mate gud luck n a very gud day gl gt

The Netherlands Purk 06:20 GMT October 11, 2007 Reply   
GUPTA: I will make the mess as usual...

The Netherlands Purk 06:20 GMT October 11, 2007 Reply   
Mumbai NS 06:08 GMT October 11, 2007

How can i ever criticize one of the kindest people here n.s. The gentleman/woman in question know who i mean. You are fine and you will stay fine.

Chennai Gupta 06:17 GMT October 11, 2007 Reply   
The Netherlands Purk 06:01 GMT October 11, 2007
Purky, if Nyam makes pancakes, what do you best make?...Milkshakes?..

madrid mm 06:12 GMT October 11, 2007 Reply   
* BoJ keeps monetary policy unchanged by 8-1 vote. BoJ hawk Atsushi Mizuno still dissenting, while Miyako Suda choosing to keep rates unchanged despite hawkish comments on Sept 27.

* Moody's has upgraded Japan's domestic- currency government bond rating to A1 from A2, citing expectations for continued fiscal reforms under new PM Yasuo Fukuda's cabinet.- Reuters.

* ECB Lorenzo Bini Smaghi, in IHT, gave the impression that policy makers would steer a steady course on the sensitive question of FX at G7. He played down the notion that the euro has become unduly strong.

* Called aspects of yen trading "disturbing," noting JPY remained weak despite 5 years of economic growth in Japan. "Japanese investors want to diversify and they are taking risks, But the yen has shown that it can move very rapidly."

* UK RICS house prices falling at their fastest pace in 2 years since Sept 2005, falling to -14.6 in 3 months. Outlook for sales fall to its weakest in 4 and half year.

* Aust employment +13,000 vs 20K exp. Full time jobs falling -17,200, as unemployment edged down to 4.2% from 4.3%.

* Japan machinery orders for August -7.7%m/m fall, vs exp -4 to -6%.

* Japan unadj c/a surplus +42.5%y/y at Y2.0810trln. Sept M2+CD money supply +1.7%y/y, outstanding bank loans +0.6%y/y.

* RBS led consortium declared victory after months of battle with Barclays over ABN, having clinched 86% of ABN shareholders who have tendered stocks. Shareholders who have tendered stocks will receive the consortium's payment (86% of EUR71bln) by Oct 17.

* "Later than expected" BoJ decision was focus of the afternoon trading, with markets getting a tad nervous as the decision came later than the usual 0330-0430GMT window in past few meetings.

* Given the surprise timing of Moody's upgrade, the late BoJ decision triggered USD/JPY sales to 117.12 from 117.22-25. Once the decision to keep rates unchanged by vote of 8-1, and with Suda staying with majority apart from Mizuno, USD/JPY then rallied to day highs of 117.37, on relief buying and expectation that BoJ will not hike anytime soon.

EUR/JPY, GBP/JPY, AUD/JPY, NZD/JPY rose, with EUR/JPY rising near yesterday's 2-m highs of 166.25, at 166.22 from 165.77-80.

B4 BoJ decision, Moody upgraded Japan, triggering some USD/JPY sales from 117.28 to 117.18. Shifting to earlier session, focus was on the huge Renterbank NZD1.182b Uridashi maturity today, with market cautious of any large lot NZD, NZD/JPY sales, though some said most of flows were done, thus NZD/JPY holding steady and edged up today.

EUR/USD remains supported, with focus on any huge buying by RBS-Fortis-Santander consortium taking over ABN Amro, as payment for the shareholders who tendered their shares will be on Oct 17 - thus 86% of EUR71.1bln, approx EUR61b. Rest will have till Oct 31. Interesting talks, large UK clearer was good buyer above 1.4120-30, so not surprised to hear UK clearer, Spanish and Belgian bank doing some buying ahead of Oct 17.

AUD dipped to 0.8975 after the weaker 13K rise in jobs, but back up on AUD/JPY demand. GBP dipped to 2.0371 from 2.0416 on fall in UK RICS, but now back up. Offers 2.0450.

Nikkei +300.09pts or 1.75% on back of Moody's upgrade and BoJ decision.JGBs firmer post BoJ, 10-yr yield -0.005% 1.720%.

Crude oil firmer $81.47.

Gold edging back toward 28-yr highs, now $744.00.

Mumbai NS 06:08 GMT October 11, 2007 Reply   
Purk if that was for me i am quite in the money there and short e/j ,sterling also stops quite far and not touched still cheers and gud luck mate gl gt

The Netherlands Purk 06:01 GMT October 11, 2007 Reply   
This will be a great day for rangetrading for the Purks. If anyone happens to know lunch hour time for Dick please mail me through Jay, because the minute Dick is gone i will sell e/u and e/j.
Word of the day is Thursday, and for now it looks like it is really Thursday the day of dollar weakness aka euro strength. Again i saw someone posting about e/g. Please people read the archives and get the posts out from Dallas GEP. He knows a lot of that pair. It is trading a range. I wish this guy will not be stopped out but also wish that he will keep his m.s. because such calls may be followed by newbies.

Mumbai NS 05:55 GMT October 11, 2007 Reply   
Looking at eurgbp i am reminded of the athelete dash...guns up...on your marks set...go.....gl gt

madrid mm 05:52 GMT October 11, 2007 Reply   
+ a japan is well known for robot and technology, a robot parrot should do the trick, non ?

8-O

madrid mm 05:51 GMT October 11, 2007 Reply   
GM FX JEDI 8-)

Nothing like starting with a laugh, ref PAR 05:47 GMT October 11, 2007
8-))
Do parrots speak Japanese though ?

Melbourne Qindex 05:49 GMT October 11, 2007 Reply   
GBP/USD : The market is in a neutral position when it is trading within 2.0375 - 2.0425.

PAR 05:47 GMT October 11, 2007 Reply   
Better to replace BOJ by a parrot as every monthe they sing the same song . As to Moody s upgrade of Japan it is becoming clear after the subprime AAA s Moody s and the other rating agencies are not to be trusted.

Hong Kong YH 05:03 GMT October 11, 2007 Reply   
Como Perrie 05:01 GMT October 11, 2007

everything is the same, don't no need to worry, JPY weak again

Como Perrie 05:01 GMT October 11, 2007 Reply   
BOJ keeps unchanged votes 8 to 1

Bangkok FUA 04:46 GMT October 11, 2007 Reply   
does anyone know what happen to FM?

seems like he is gone

AZ nik1033 04:36 GMT October 11, 2007 Reply   
cable seems to move uo today...1st target 2.0465..

GL

Como Perrie 04:35 GMT October 11, 2007 Reply   
I tend to think BOJ might hint some upon a hawkish interest stance at least.. but would wait to enter the market..

Como Perrie 04:30 GMT October 11, 2007 Reply   
some nervousness ahead of BOJ decision

Syd .. 03:19 GMT October 11, 2007 Reply   
Yen Up Vs Dollar,Euro After Moody's Raises Japan Debt Rating

Syd .. 01:30 GMT October 11, 2007 Reply   
Australian Sep Employment +13,000; Consensus +20,000

 




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