Forex Forum Archive for 11/14/2007

Bon Air VA Dennis 23:57 GMT November 14, 2007 Reply   
nah about 100-125 but I drive a Golf TDI and get 30's around town and 42/45 highway

Syd .. 23:57 GMT November 14, 2007 Reply   
EUR/USD now off highs on profit taking, but may edge up to 1.4700 again on weakness in USD against backdrop of concerns over possible U.S. economic slowdown, says Tokyo trader; "given the recent U.S. economic and financial conditions, it's hard to keep buying the dollar (against the euro), though results of retail sales data released overnight weren't so bad." But growing caution over higher EUR may prompt players to sell to lock in profits.

USA BAY 23:56 GMT November 14, 2007 Reply   
LONDON JAS,

I think we may see 224.10 in gbp/jpy that is 78.6% of 219.35-241.35, thats my opinion.

Gen dk 23:52 GMT November 14, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

LA BV 23:39 GMT November 14, 2007 Reply   
Deninis, what do you drive, 10 miles per week.

Bon Air VA Dennis 23:34 GMT November 14, 2007 Reply   
Appropo of nothing but a local television station had a report on the news $3400 annually per year per automotive vehicle or 5% of annual income. This past year my wife and I spent $284 in diesel fuel and our income if well more than the statistics would infer. Perhaps American spend too much time in inefficient motor vehicles - mainly trucks and truck like SUV's - than is necessary or prudent.

Syd .. 23:33 GMT November 14, 2007 Reply   
U.K. Chancellor of the Exchequer Alistair Darling has admitted publicly for the first time that the nation's taxpayers could end up losing money in the multibillion-pound rescue of Northern Rock PLC (NRK.LN), a senior MP said Wednesday, according to a report on the Financial Times Web site.

london jas 23:05 GMT November 14, 2007 Reply   
Lahore FM - earlier today you said gbp/jpy shouldn't go much lower than 229 area then on it's way back up to 235 area. Now that it has dropped to below 238 do you still feel it is going back up? Thanks in anticipation.....

Philadelphia Caba 23:04 GMT November 14, 2007 Reply   
sold eur/gbp at 7140

Brunei Yu Yu 22:45 GMT November 14, 2007 Reply   
DO anyone knows when is the next bull train going north
Today? Tommorow ? Next week?
Or maybe it is being put on hold due to railway worker strike?: )

GL GT

Auckland peat 21:50 GMT November 14, 2007 Reply   
nastly lil 30 pip spike on the kiwi!

Syd .. 21:47 GMT November 14, 2007 Reply   
NZ's 3Q Real Retail Sales +0.2% Vs 2Q; Market +0.1%

Syd .. 21:43 GMT November 14, 2007 Reply   
FM if your around any view on this aud today pls

saopaulo cg 20:54 GMT November 14, 2007 Reply   


what happened ???? the market is so fragile ???

GVI john 20:36 GMT November 14, 2007 Reply   
We are happy to exchange email addresses if both parties agree. Just email us. Use "contact us" above.

This is for the protection of all parties involved.

Alaska Moon 20:36 GMT November 14, 2007 Reply   
Egypt-sadat city Dr.Sameh 20:29 GMT November 14, 2007
=======
Click on post a message, and then click on "forum rules". You will see why your broker name was censored....
Good luck to you....
Moon

dc CB 20:35 GMT November 14, 2007 Reply   
So there must be some really horrible stuff hiding our there. Recall that FASB Rule 157 is....er WAS set to go into effect tomorrow.

from briefing.com:

"The pressure on financial shops has been hugely lessened as accounting change (Level 3/157), set to be put into effect Thurs that was to require shops to quit marking-to-make-believe on slippery instruments, has been delayed for 1 YR. Somebody, somewhere, in some high place, was willing to bend over the implementation of the rule (Look ma! No bailouts!)."

ldn 20:33 GMT November 14, 2007 Reply   
Citi's giant write-downs: What did it know, and when did it know it?

Egypt-sadat city Dr.Sameh 20:29 GMT November 14, 2007 Reply   
sorry i didnot Know that this is not allowed all what I wanted is contacting with any one rom egypt dealing with censored Co, as I new here and want to discus with himabout that
sorry again

GVI john 20:26 GMT November 14, 2007 Reply   
Sadat City-

posting of email addresses is not permitted.

USA Zeus 20:13 GMT November 14, 2007 Reply   
If EUR/USD breaks 1.46 in next 0-12 hrs then can welcome a crack at much much lower.

Happy Trends!

nj jf 20:05 GMT November 14, 2007 Reply   
ab .....i dont trade PM, i simply pay strict attention to what BC says about them.

dc CB 20:02 GMT November 14, 2007 Reply   
"Ironically, or rather idiotically, traders poured into stocks on Blankfein’s assertion that Goldie is doing well because Goldie is short mortgage-backed securities and CDOs. Blankfein believes the financial situation will worsen: “...many institutions don’t understand what the credit crunch is going to do to earnings and their balance sheets.”
So what we have is a huge rally because Goldie will profit from the US economy and financial system going to censored.

http://bigpicture.typepad.com/

Syd .. 19:57 GMT November 14, 2007 Reply   
Will Carry Trades Resume Their Losses?http://www.dailyfx.com/story/topheadline/Will_Carry_Trades_Resume_Their_1195067504769.html

bris 19:45 GMT November 14, 2007 Reply   
africa befadex 19:29 GMT November 14, 2007

If YOU have not any idea......
Have you thought how much YOU may loose?
Give some thought to that BEFORE taking a position.....

africa befadex 19:29 GMT November 14, 2007 Reply   
could anyone tell me where the trend of GBP/USD is going to reach in the next 2 hours so that i could know the position to go tell is if am going to go long or short ......

africa befadex 19:24 GMT November 14, 2007 Reply   
please toronto could you please tell me where the trend of eur/usd is going now ? and where is the trend of aud/jpy is going too

NYC NYC 3 18:55 GMT November 14, 2007 Reply   
could we be setup for a sterling crash ala Soros in 92' was it?

PAR 18:43 GMT November 14, 2007 Reply   
German train strike closes several car plants due to supply problems .

hk ab 18:41 GMT November 14, 2007 Reply   
buy some aud 8985

The Netherlands Purk 18:19 GMT November 14, 2007 Reply   
As a rangetrader this was a happy day. Just waited for the end of the range, shorted there and the waiting begun in e/u. Nice thing is that i define the range.... instead of stops i just add on the 20+ that the guys take.
As said the bugger shows us two ways to make money, i dont touch it because the range is wide when you dont expect it, so i take that as a profit...
I like the loonie, but it is still a small correction... above 105 we are getting somewhere but depends on oily boily.

toronto Dr Unken Katt 18:08 GMT November 14, 2007 Reply   
MASTERWAVE Hui can call anything he wants

hk ab 17:21 GMT November 14, 2007 Reply   
jf, can you comment PMs?

Gen dk 16:59 GMT November 14, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

warsaw TOMi 16:59 GMT November 14, 2007 Reply   
TREVISO Fede 16:38

isit really free?
buy any dip

nj jf 16:40 GMT November 14, 2007 Reply   
london 15:13 GMT November 14, 2007
certainly was the thing to do... gd view .. gt

TREVISO Fede 16:38 GMT November 14, 2007 Reply   
cable in free fall

TREVISO Fede 16:19 GMT November 14, 2007 Reply   
infact cable is at 2,06 ...

hong kong nt 16:15 GMT November 14, 2007 Reply   
Famous MASTERWAVE Hui is calling for dollar bounce and yen crosses unwinding. He is almost always wrong this year...

London NYAM 16:12 GMT November 14, 2007 Reply   
Maybe Bear could short their own stock in an SIV then announce the write downs and next quarter announce a quarterly profit like GS.

london 16:07 GMT November 14, 2007 Reply   
7.7 quake hits Chile Quakes

TREVISO Fede 15:57 GMT November 14, 2007 Reply   
Cable ready to fall

madrd mm 15:52 GMT November 14, 2007 Reply   
Inflation coming our way ladies and gentlemen !

China food prices soar

Nov. 14 - Soaring food prices in the world's most populous nation are fuelling social concern.Prices for staples such as vegetables and cooking oil have risen almost 30 percent in the past year.
Last week three people were crushed to death when shoppers rushed into a Carrefour supermarket that had a special discount on oil.

Reuters video !

Como Perrie 15:44 GMT November 14, 2007 Reply   
ok am done for today ..out for a brunch or late lunch

London NYAM 15:40 GMT November 14, 2007 Reply   
Nicce 5 wave complex on the tiny time frame bar for GBPUSD and USDJPY and GBPJPY (which is the nicest). And save the I dont look at minute bar comments TIA.

Como Perrie 15:37 GMT November 14, 2007 Reply   
So far It appears this 13300 to be psychological more than else....high likely by tom or late today 13200/100 area to be revisited b4 anything.

Mtl JP 15:35 GMT November 14, 2007 Reply   
Manila 15:30 / Yes. It has to do with knowing (or getting to know) your own particular tolerance limits of pain (and pleasure)

NYC NYC 3 15:34 GMT November 14, 2007 Reply   
i see weak USD as sentiment.
what is different VS 2000? not much except teh french were record buyers of US stks at 83 euro and 5k nasdaq.

love hate sentiment trends and swings fm extreme to extreme.

NYC NYC 3 15:32 GMT November 14, 2007 Reply   
no

Como Perrie 15:32 GMT November 14, 2007 Reply   
Manila 15:30 GMT November 14, 2007

there's no miracoulous machine out there, even if some claim so

Manila 15:30 GMT November 14, 2007 Reply   
I am new to this forum can someone tell me if there is a good system out there to trade

Como Perrie 15:22 GMT November 14, 2007 Reply   
I wd give another shot to the dow short around current

Bon Air VA Dennis 15:22 GMT November 14, 2007 Reply   
NYC NYC 3 15:16 GMT

actually US banking is much more consolidated today than ever in the past when many states like NH allowed on one iffice - that is no branch banking. talk about diverse

Como Perrie 15:21 GMT November 14, 2007 Reply   

NYC NYC 3 15:16 GMT November 14, 2007

agree... personally do think what's behind the dollar poor development is, more than the whole crap we see on newspaper, just BASEL II and some to artistic balance sheets there.. so far the current problems with hedge funds hidden losses as third entities has excacerbated the whole and there might be some complacency fro gover institutions which are as well guilty of having let that mass credit loans speculation without proper credit conditions and controls for most... you buy one house at the end you got 100 of them without having any money...that was bit crazy

NYC NYC 3 15:16 GMT November 14, 2007 Reply   
us banking system is very inefficient, too many small institutions. maybe basel Ii will force faster consolidation.

own 'em.

london 15:13 GMT November 14, 2007 Reply   
€/$ 1.4700-1.4750 region (with stop above) collecting remaining boarding tickets for medium term short positions .. cud be last visit here for many weeks.. GT's all

HK Kevin 15:12 GMT November 14, 2007 Reply   
It is a TA trading day. All moving averages and fibo levels work very well for 100-200 pips profit.

Como Perrie 15:08 GMT November 14, 2007 Reply   
dow jonas psycho this 13K..but shd see below more important levels. imo

tokyo ginko 15:08 GMT November 14, 2007 Reply   
raging yen set to take off..

Bon Air VA Dennis 15:05 GMT November 14, 2007 Reply   
madrd mm 14:53 GMT

not, it was not. it was a "go to" currency along with CHF and nothing more

saopaulo cg 14:58 GMT November 14, 2007 Reply   
usdjpy 111.60 is around 38.2 correction between the fall 115.91 and 109.12.

hk ab 14:56 GMT November 14, 2007 Reply   
seems a group is trading gold by following aud step by step...
XAG less affected.

madrd mm 14:53 GMT November 14, 2007 Reply   
I am curious if some of you can help -
1/ was the Deutschmark considered a reserve currency in its time ?
2/ if yes, was it
the 2nd behind the US$ ?
the 3rd behind the US$, and YEN ?
other ?

Thanks in advance for those who will reply.

saopaulo cg 14:50 GMT November 14, 2007 Reply   
short usdjpy 111.60, stop at 112.05. All the bad news were in yesterday morning, all the possible good news are already in now. Stox are tired after yesterday big rally.

madrd mm 14:41 GMT November 14, 2007 Reply   
Federal Open Market Committee Issues Statement on Communication

By Craig Torres

Nov. 14 (Bloomberg) -- The Federal Open Market Committee issued a statement on its new communication plan today. The statement reads:
http://www.bloomberg.com/apps/news?pid=20601087&sid=aOaKiBvxCZSk&refer=home

Como Perrie 14:29 GMT November 14, 2007 Reply   
some stops 112 ..even if might get hit

Como Perrie 14:22 GMT November 14, 2007 Reply   
ok flat down on most for now..

RSA Sandton 14:20 GMT November 14, 2007 Reply   
We languish, LOL. gl

Rivonia PipPirate 06:44 GMT October 31, 2007
Subject:
G/$ S 'n R

Upside:

..<<..20862..20843..20824..20805..20786..20777..20767..20748..20737..//..20729..20710..

Downside:

20690..20667..20648..20629..20610../..20591..20572..20553..20534..20515..//..20496..20477..20449..20407..>

MLT PA 14:17 GMT November 14, 2007 Reply   
Still bullish on eur/usd and gbp/usd
Cable needs to break and hold 2.0730 and back above 2.0785 will set sights on 2.0920/45 area and then the main target 1.1220.
2.0500 must hold the downside.

slv sam 14:16 GMT November 14, 2007 Reply   
usdchf to 1.0850?GT

Como Perrie 14:16 GMT November 14, 2007 Reply   
So far think the US banking system is scared to adopt the latest Basel II as I read..

Basel II Will Trickle Down to Community Bankers, Consumers Federal ...
Can the 7000-plus U.S. banks that do not adopt Basel II continue with ... Why not extend Basel II to all U.S. banks? Basel I, along with intensive bank ...
findarticles.com/p/articles/mi_qa3678/is_200504/ai_n13617026

Como Perrie 14:13 GMT November 14, 2007 Reply   
Funny today some Bear Stearns talks ahead of the opening do follow as they see some improoving..maybe they sold some paper to other hedge funds they indirectly manage.. Wasn't Bear Stearns on sale just a month ago.

London NYAM 14:07 GMT November 14, 2007 Reply   
thanks mm!

Como Perrie 14:06 GMT November 14, 2007 Reply   
London NYAM 13:58 GMT November 14, 2007

hard to tell what netting levels are currently developing into the clearing marmelade.. current picture is particular to me..not the classic day do suspect, whatever the market levels..we are still trapped into toxic short term moves into a clearer bigger picture..

madrd mm 14:03 GMT November 14, 2007 Reply   
futures delayed sorry

http://www.bloomberg.com/markets/stocks/futures.html

London NYAM 13:58 GMT November 14, 2007 Reply   
Como//A move to 111.90 is also possible but thats really about all that i think this puppy is (not) worth. Anyone have a read on the equity futures?

Como Perrie 13:55 GMT November 14, 2007 Reply   

London NYAM 13:42 GMT November 14, 2007

guess we see again below 110.90, maybe below today's low

not sure where the big guys are at current or all set properly so to give markets some trends... usually am considering the more the strange move persist the more some big banks are yet in trouble

Charlotte TH 13:54 GMT November 14, 2007 Reply   
I'm long gbp.usd at 2.0670. I think that is the end of the correction and we can see the rally continue.

London NYAM 13:42 GMT November 14, 2007 Reply   
Think that may do it for today. Another present for shorters.

madrd mm 13:42 GMT November 14, 2007 Reply   
* Retail Sales in U.S. Rose 0.2 Percent in October; Ex-Autos Up 0.2 Percent
* U.S. Producer Prices Rose 0.1% in October; Core Index Unchanged

blbmrg

Hong Kong Qindex 13:40 GMT November 14, 2007 Reply   
GBP/USD : Basically the market is vibrating around 2.0652* with an expected magnitude of 2.0457 - 2.0846.

madrd mm 13:31 GMT November 14, 2007 Reply   
Como Perrie 13:29 GMT November 14, 2007
you could be right Como

London NYAM 13:28 GMT November 14, 2007
LOL Practice make perfect
LOL

PAR 13:16 GMT November 14, 2007
Every one on strike today is probably trading FX PAR 8-)

Como Perrie 13:31 GMT November 14, 2007 Reply   
am adding some shorts agian usdjpy here

Como Perrie 13:29 GMT November 14, 2007 Reply   
madrd mm 13:25 GMT November 14, 2007

this is larger term, then short term is different..

so far methinks this is clear development of a downward wave 5 - how fast will then develop has to be followed closely.. considering intervention as that one to protect below 109 on monday are usually short lived.

London NYAM 13:28 GMT November 14, 2007 Reply   
mm//Im probably better on the real waves then the ones on screen. lol

madrd mm 13:25 GMT November 14, 2007 Reply   
Como Perrie 12:25 GMT November 14, 2007

and you too Como !! LOL


St. Annaland Bob 12:57 GMT November 14, 2007

Don t worry BoJ + KAMPO + MoF are watching vey closely 8-)

madrd mm 13:22 GMT November 14, 2007 Reply   
Toronto tn + London NYAM

I sure hope you gentlemen know how to surf with so many waves on your screens

8-)

PAR 13:16 GMT November 14, 2007 Reply   
Impact of french strikes limited compared to subprime . Only € 1.5 to 2 billion a weak .

Como Perrie 13:15 GMT November 14, 2007 Reply   
There are also some pardoxal moves seen this early onto the jpy side. As the picture does not give sense this 109 was a clear bottom as the reaction was too fast. So hence we need to see that 2006 low 108.97 and trade the amplitudes generated from the current tricky upper move. Even if some might be tempted to count levels between 115 and 116 again, this time this might be not the case as the bottom is uncomplete.

GVI john 13:11 GMT November 14, 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

Como Perrie 13:10 GMT November 14, 2007 Reply   
To add to previous there's a trick they do use for such, which is possible only in times of extremely ample liquidity, else would have already dropped.

More likely case to happen to me would be a fast deeper move maybe during the asean hours. Mabye some 500 to 800 pips in a night. Under certain circumstances even more if 102 gives way.

London NYAM 13:09 GMT November 14, 2007 Reply   
Thanks tn very nice!

Toronto tn 13:07 GMT November 14, 2007 Reply   
Toronto tn 12:52 GMT November 14, 2007
sorry, should be iv of 3

Actually, to be precise, should be fourth of third of 3 (or C)

Como Perrie 12:59 GMT November 14, 2007 Reply   
I do like to observe the usdjpy from the lows from 1995 to the top of the LTCM speculation in the 1998. If you observe the big guys are clearly yet managing the losses from there. So fair to think of levels between 105.70 to 102.50 to be seen in some time ahead - then time might be fast or slow as this is something even the bigger physicist is uncapable to tell. To me once the Dow goes below 12.5 clearly they become reality.

St. Annaland Bob 12:57 GMT November 14, 2007 Reply   

anyone thinks that during next year Japanese housewives will sue BOJ for financial rape?

Toronto tn 12:52 GMT November 14, 2007 Reply   
sorry, should be iv of 3

Toronto tn 12:51 GMT November 14, 2007 Reply   
Nyam -- thanks. In my experience funky and unorthodox counts have the tendency to get me into bad positions. In this case the structure seems almost textbook in its clarity and simplicity:
124 - 112 is 1 (or A)
112 - 117.95 is 2 (or B)
now we are in 4 of 3 (or C)
Anyway, good to get another perspective. gl/gt

London NYAM 12:37 GMT November 14, 2007 Reply   
tn//Its not my favoured count Ive been shorting USDJPY at these levels FWIW. But as Como is saying there are multiple possibilities and a count is only right after the fact. I am sure you know that anyway:
W1: June 26th
W2 July 8th
W3: August 16th
w4: Oct 14
w1: Oct 17 116.61
w2: Oct 17 117.41
w3: Oct 21 113.23
w4 Nov 1 115.53
w5 (extended) Nov 12 115.53

Whats wrong with this count? Well for one w2 is tiny and looks like it is part of w1 to me.
Whats better about assuming we are in w4 still? So far it looks sharp and short alternating nicely with a w2 Oct 21 to Nov 1st which is shallow and extended in time.

Gen dk 12:34 GMT November 14, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Como Perrie 12:25 GMT November 14, 2007 Reply   
Toronto tn 12:19 GMT November 14, 2007

Consider a quantum superposition w |A> +z |B> (where w and z are complex numbers) of two macroscopically distinguishable quantum states |A> and |B> . In standard quantum theory and in the absence of environmental entanglement, this superposition would persist forever, but not in markets. So EW changes It's values constatly and serves as a guideline more than a pure trading tool.

Toronto tn 12:19 GMT November 14, 2007 Reply   
London NYAM 08:03 GMT November 14, 2007

Sorry mate, have trouble seeing how you construe a 5 wave structure from 124. Could you clarify please.

ldn 12:16 GMT November 14, 2007 Reply   
The BOE's Inflation Report suggests it will cut the Bank rate twice in 2008, with the first move coming in 1Q.

Como Perrie 12:06 GMT November 14, 2007 Reply   
Guess lower after squeezes is attainable for today special from QI


Hong Kong Qindex 10:22 GMT November 14, 2007


109.96*

Gen dk 12:03 GMT November 14, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Como Perrie 12:00 GMT November 14, 2007 Reply   
tooks some profits on prevoius usdjpy shorts... still core short so far

Gen dk 11:56 GMT November 14, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

St. Annaland Bob 11:50 GMT November 14, 2007 Reply   
must read: European banks will get their times to write down big time, not due to the US sub prime crisis but being the financier of due to crash social system ... today, tomorrow, ask Toyota ;)

Hong Kong Qindex 11:50 GMT November 14, 2007 Reply   
GBP/USD : The market has potential to trade between 2.0410 - 2.0666. Projected resistant points are 2.0691 and 2.0736.

St. Annaland Bob 11:46 GMT November 14, 2007 Reply   
European bank will get their times to write down big time, not sue to the US sub prime crisis but being the financier of due to crash social system ... today, tomorrow, ask Toyota ;)

Jerusalem ML 11:41 GMT November 14, 2007 Reply   
0.715

Como Perrie 11:37 GMT November 14, 2007 Reply   
St. Annaland Bob 11:32 GMT November 14, 2007

:))


http://www.ncbi.nlm.nih.gov/sites/entrez?db=pubmed&uid=12417820&cmd=showdetailview&indexed=google

PAR 11:34 GMT November 14, 2007 Reply   
After japanese housewives now also UK housewives are investing in Euro s .

tokyo ginko 11:34 GMT November 14, 2007 Reply   
am seeing a test of 2.05 on gbp/usd. anyone share the same view on the beast?

Philadelphia Caba 11:32 GMT November 14, 2007 Reply   
Jerusalem ML 11:24
what's your target..above 72xx?

St. Annaland Bob 11:32 GMT November 14, 2007 Reply   
Como Perrie 11:22 GMT November 14, 2007

too big for me ;) ... long or short and does not matter the reasons for that, it will remain a zero sum game ... like birth, life, death and so on ... still, happy trades!

London NYAM 11:31 GMT November 14, 2007 Reply   
HK [email protected] 11:09//Thanks for that. There is a very good case for another push down. I think a dropping of the trading range for USDJPY has been allowed for by the generals of the Yen 105 to 115 would be fine for everyone over the next 6 months.

HK [email protected] 11:26 GMT November 14, 2007 Reply   
Prof Mundell, known as the "father" of the euro, said the single currency's relentless rise is splitting the eurozone in two.
-----------------------------------------------------------
For the time being I have almost no doubt that Euro is heading to 1.4850, and later 1.51 and 1.57 and may peak at 1.61 at that level the EU may turn a wreck.
-----------------------------------------------------------
So that Euro move is... or a conspiracy to destroy the EU (split it) where Mundell is a secret agent of the US, or he is just so scared of the monster he designed and created so he must say something in a hope his words will play magic.,

Jerusalem ML 11:24 GMT November 14, 2007 Reply   
Phila

thx..keep on buying.
g/luck

Como Perrie 11:22 GMT November 14, 2007 Reply   
St. Annaland Bob 11:15 GMT November 14, 2007

Imo what we have seen last days was coordinated intervention..also all those good news as of late, mostly generated from Goldman and Apple, as to be representative of an economy to me sounds bit stupid, but they do love a stupid society in this brave new world,,, how else would they manage It out then their apetite for power.. A brave new world as Huxley was forecasting, all having their daily dose of brain pills.. but the lates Huxley's then has been titled the Island... or a place to escape from such, as Nietsche with his Last Man theory and the end of gods has been the best predictor ever.

so far 6.75 bio people and 2.7 are destinated into wars globe wide...so hence the society has become bit as in the early previous century...sort of neo nazism, funny labours are best than conservatives in such..

Gen dk 11:20 GMT November 14, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Philadelphia Caba 11:16 GMT November 14, 2007 Reply   
Jerusalem ML 08:22 GMT
good call..

St. Annaland Bob 11:15 GMT November 14, 2007 Reply   
Como Perrie 10:03 GMT November 14, 2007

it's not a boat this time, it was a train passing through France and Germany ... but the train did not move, there is a strike out there ... guess it will be also difficult to deliver French and German made cars/spare parts and what's ever ... but as long the headline is the reality for the politicians, then most will suffer ... anyway, European politicians will dare to harm more as death sentence is illegal here ... happy trades!

HK [email protected] 11:09 GMT November 14, 2007 Reply   

hk ab 07:45 GMT November 14, 2007
------------------------------------------------------------
London NYAM 08:03 GMT November 14, 2007
USDJPY//If a five wave structure has completed from the highs at 124.12 then a correction could take quite a large scale. at minimum a 23.6% retrace would be at 112.65
-------------------------------------------------------------------------
K.I.S. 112.56 is more or less where the current neckline value of the bearish H&S on USD/JPY runs.
So 112.65 hmmm is a possibility and all traders are ready to sell there.Now remember to watch that hehehe.
I saw many sophisticated E.Wave counts which end at the opposite side, but 23.6% is a fibo respecable Ret. possibility .
It now depends how the Mkt. is ready to fight the Goldmans tonight.
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Gen dk 11:04 GMT November 14, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Hong Kong Qindex 11:01 GMT November 14, 2007 Reply   
Wednesday November 14, 2007 - 09:51:13 GMT
QIndex - www.qindex.com


GBP/JPY : Resistance at 233.72



As shown in the monthly cycle projected series the market is going to test the extreme trading ranges of 218.23* - 220.60 - 222.98* ... 225.36 - 227.73*. A projected resistant point is located at 232.48. The current expected trading ranges from the monthly cycle projected series are 222.98* ... 225.36 - 227.73* - 230.11 - 231.30 // 232.48* - 233.67. The weekly cycle charts indicate that the market is vibrating around 230.64 with an expected magnitude of 229.38 - 231.90 for the time being. The weekly cycle pivot center is located at 226.29 - 233.17.

van Gecko 11:01 GMT November 14, 2007 Reply   
more sla dung shout...

Gen dk 11:00 GMT November 14, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

slv sam 10:59 GMT November 14, 2007 Reply   
tip:
usually sharp upward moves on eur/gbp indicate stronger eur/usd will folow in few days, look at daily chart!GT

slv sam 10:54 GMT November 14, 2007 Reply   
IMO of course: (euro at 1.47)
Euro target now direct to 1.49+ and after small rest to 1.54+!GT

mumbai Navin 10:52 GMT November 14, 2007 Reply   
reports on reuters...
german deputin econmin - planned china shift of fx reserves into euros show of confidence in euro

when did china shift fx reserves officially?

Lahore FM 10:50 GMT November 14, 2007 Reply   
usdchf just steps away from historic lows fwiw.

am out for now.

PAR 10:47 GMT November 14, 2007 Reply   
Talking about subsidies.
http://www.guardian.co.uk/business/2007/nov/14/northernrock.bankofenglandgovernor1

HK Kevin 10:40 GMT November 14, 2007 Reply   
2.0840 is the 50% retracement of Cable from 2.1160 to recent low 2.0522.

Tallinn viies 10:39 GMT November 14, 2007 Reply   
those BIS offers at 1,4700 were they still there?

Hong Kong Qindex 10:22 GMT November 14, 2007 Reply   
USD/JPY : Resistance at 111.69

As shown in the monthly cycle projected series the market is trading within the extreme trading ranges of 108.08* - 109.02 - 109.96* ...110.90 - 111.83*.

Como Perrie 10:20 GMT November 14, 2007 Reply   
As a general approach just remember machines act stupidly and so has become the market. You just have to wait the next stupid squeeze to repeat some times, then Goldman will bring you the other way around to squeeze again. Unless anything exceptional happens, which is mostly every day around now some months, hence interventionism at Its ugliest phase.

Gen dk 10:13 GMT November 14, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Como Perrie 10:10 GMT November 14, 2007 Reply   
far enough is more than enough to share...btw there's no fixed rule how to apply stops as those vary by every single player..

think Ill tank some usdjpy soon too...this is a gift retrecment for goldman sachs methings..

warsaw TOMi 10:06 GMT November 14, 2007 Reply   
Como Perrie 10:03 GMT

Perrie, share yr stop please, can be sold from 1.4777..

gl

Como Perrie 10:03 GMT November 14, 2007 Reply   
cldnt resit am on board with you Bob... this was just the quant and electronic orders screening to me .. just sold eurusd onto unsound market API squeezing behaviour.. stops at least that far from market that machines do not reconize for their calcs..

warsaw TOMi 10:03 GMT November 14, 2007 Reply   
reminder eurusd 4755. target. another 70 pips to be made for anyone who want some cash back..

HT

madrd mm 09:57 GMT November 14, 2007 Reply   
1.47 euro/usd ...i can imagine all the traders around the world watching it closely 8-)

With sweaty hands and edgy feet !!!! 8-)

Will it , wont it ?


NYAM, buy buy buy ...no no no no sell sell sell
I am confused !!
LOL

+ Boj and friends are watching closely Big brother is here !!!

St. Annaland Bob 09:57 GMT November 14, 2007 Reply   
EuroQueen, I just sold EUR/USD ... HSBC chief was very clear by saying it will take 2-3 years to solve the sub-prime crisis ... the hot-air blowers fill the wires currently with traps to turn hard earned money into prisoners ... read the wires, it's full with optimism that has nothing to do with the actual statements ... therefore, the hunt even not started ... happy trades!

Paris st germain 09:54 GMT November 14, 2007 Reply   
Como Perrie 09:47 GMT November 14, 2007
No,,she works out of those Amsterdam supermarket windows and takes only euros for payment...

Como Perrie 09:53 GMT November 14, 2007 Reply   
Personally see this eurusd upper move as the stop hunt, but might be wrong.

Lahore FM 09:50 GMT November 14, 2007 Reply   
van Gecko 09:28 GMT November 14, 2007
Thanx Gecko,your value is highly valued.best of trades!

Como Perrie 09:47 GMT November 14, 2007 Reply   
EU theEUROqueen 09:45 GMT November 14, 2007

are you working at GS I guess or is It an impression of flows

EU theEUROqueen 09:45 GMT November 14, 2007 Reply   
be long and relax Bob..the stop hunts is over..

happy trade

van Gecko 09:28 GMT November 14, 2007 Reply   
thank you FM for your 08:48.. :) imo volatilities + historic highs = mid/long term end games ahead, a classic combo.. currencies & crosses usually leads the financials over the medium term.. fwiwW

Como Perrie 09:21 GMT November 14, 2007 Reply   
largerly so far on multidays will still wait the dow to print 12.5K from 14K short.

Como Perrie 09:18 GMT November 14, 2007 Reply   
I'll stay aside today of markets. Too strange the whole to me for the time being. Am just watching this FED/BOJ managment of stocks and yens, the yens are held by the Fed to hold up the stock market, while the BOJ has a huge hidden to public asset of shares. Is It the Boj again to tank as in the 80s I guess.

Syd .. 08:54 GMT November 14, 2007 Reply   
GBP Likely On The Way Back Down
The GBP's recent fall could be the start of a more serious reversal, especially if the Bank of England suggests later Wednesday that its inflation concerns haven't intensified and a rate cut next month is still on the cards. Even if it doesn't, a rate cut is still seen likely early next year, making it likely that the GBP's decline will eventually accelerate.

Lahore FM 08:48 GMT November 14, 2007 Reply   
van Gecko 08:16 GMT November 14, 2007
Gecko dear another leg south for carry would depend largely on stox behaviour over rest of the week.my bet is we see weaker jpy and higher stox in days ahead.gtgl!

warsaw TOMi 08:35 GMT November 14, 2007 Reply   
ok lads, g/j target filled 23200, done with yen crosses.
hold longs on eurusd and gbpusd. target 100 pips more for €/$,when reaches,also square cable .
ht

mumbai Navin 08:34 GMT November 14, 2007 Reply   
hsbc results surprisingly strong - someone says.
before announcment rumor was 25b writeoff

Jerusalem ML 08:22 GMT November 14, 2007 Reply   
HI ALL

my tip of day

Buy EUR/GPB , Target 0.7150 end of this week perhaps

GL.
M

Mumbai NS 08:20 GMT November 14, 2007 Reply   
I personally feel it is now in that maybe or maynotbe cordon though i favor the former but need to clear 108.5 to bring mayhem gl gt

van Gecko 08:16 GMT November 14, 2007 Reply   
hello view FM..;) carry trades are ready for another leg south.. no?

Mumbai NS 08:11 GMT November 14, 2007 Reply   
FM tks hope u are fine and took ur share of this unwind gl gt

Lahore FM 08:04 GMT November 14, 2007 Reply   
Mumbai NS 07:57 GMT November 14, 2007
NS,for what i know of Gecko's view it is sell her majesty and sell euro.

London NYAM 08:03 GMT November 14, 2007 Reply   
USDJPY//If a five wave structure has completed from the highs at 124.12 then a correction could take quite a large scale. at minimum a 23.6% retrace would be at 112.65.
Caba//okay gtgl

Mumbai NS 07:57 GMT November 14, 2007 Reply   
van Gecko 07:55 GMT November 14, 2007

Hi mate gud day to u sell what if u culd elaborate please gl gt

Lahore FM 07:56 GMT November 14, 2007 Reply   
sk 229.00 is not a given as trend is strong continuation higher but if and when it drops in next day or so it shud remain contained at that level.

van Gecko 07:55 GMT November 14, 2007 Reply   
sell across the board.. fwiwW

hk ab 07:45 GMT November 14, 2007 Reply   
RF//YOur view on yen appreciated.

Nairobi SK 07:32 GMT November 14, 2007 Reply   
Hallo respectable traders.

Could someone please share view on EUR/GBP and USD/JPY short term targets, esp for the London session. Thanks in anticipation.

SK

madrd mm 07:02 GMT November 14, 2007 Reply   
* US President George Bush reiterates US has strong USD policy. Sees USD will be stronger on back of healthy economy. Important for market to set value of USD - Fox Business News.

* Dallas Fed Richard Fisher says US economy remains healthy despite the housing crisis, but concerned about inflation pass- through from higher food and energy prices. Sees more symmetry of risk between growth and inflation than many detect. Weaker USD supporting US exports. Systematic risk has lessened substantially. Fed remains ready to act as needed, right to focus on Economy on Oct 30-31 meeting.

* China retail sales in October rose to a record 18.1%y/y.

* PBoC Gov Zhou Xiaochuan reaffirms determination to tackle inflation, and pull real interest rates out of negative territory.

* BoJ Atsushi Mizuno says fall in USD trade weighted value is so far helping to improve global imbalances. Long term fund inflows to US may drop if gap in US and European interest rates reverses. Need to reduce excess global liquidity to stabilise financial markets. (Nov 7 statement) - Reuters

* FT: Northern Rock could still owe BoE billions of pounds in 3 years' time, according to a confidential sales memo circulated to would-be buyers of the lender. The memorandum, obtained by the FTs' Alphaville website, is now the subject of a court injunction after Northern Rock sought to prevent publication of its details.

* Aust Q3 wage price index +1.0%, in line with expectation.

* Westpac-MI consumer confidence index -4.2% to 110.5.NZ Q3 PPI inputs +2.3%, above +0.9% expected.

* Markets showing more "tentative" signs of risk taking, and fresh JPY carry trades, as US stock markets rally, despite news of BoA $3b writedown, helped by Goldman assurance that it does not have any significant writedowns. Asian stock markets followed US stocks lead to post, what is seen as "relief rally" from now after days of losses.

* USD/JPY rose on back of huge Cross/JPY demand from large Japanese lifers, mega-city banks and hedge funds, US investment houses buying in USD/JPY, AUD/JPY, NZD/JPY. The huge buying cleared good Japanese trust banks offers at 110.90-00, to hit highs of 111.29, before coming off.

EUR/JPY stoploss were taken out on break of 162.10/ 50, pushing it toward 163 in late Asian trading.

Good US investment houses/ Japan exporters offers at 111.30-50, North Asian sales pushed it back blw 111. Focus on huge $20.36b quarterly US coupons, $50.62b redemption hitting mkts tom on Nov 15, for huge JPY repatriation by regular Japanese custodian banks.

EUR/USD hit highs of 1.4667 on stoploss above 1.4630-50, US securities houses, brokerage houses, Europeans, Asian accounts, sovereign buying. Focus on Gulf Arab USD peg talks, and any fresh waves of M.E. buying. Stops above 1.47 to open way for all time highs of 1.4751 again.

While Cable hit 2.0798 as UK clearer tripped some stops but Cable weighed by Northern Rock debt news, could more EUR/GBP buying toward 0.7100.

AUD/USD hit 0.9048-50 high, on good AUD/JPY demand from 99.20-30 to 100.55-65 up >Y4.5 from yest 2- m lows of 95.70 lows. NZD/USD, NZD/JPY firmer across the board.

Nikkei recovers from 15-m lows; +372.93pts or 2.47% at 15,499.56. JGBs lower on higher stocks, 10-yr yield +0.003% at 1.510%.

Gold prices back at $805, Oil prices $91.52, after >$3 fall in NY on IEA.

The Netherlands Purk 07:00 GMT November 14, 2007 Reply   
Range trading: 14602-14671. Range not completed yet. break through 14677+20 makes room for the range 14602-14733.
Break through 14597-20 makes room for 14555.

Cold as ice.

Nairobi SK 06:47 GMT November 14, 2007 Reply   
Lahore, thanks for your comments about GBP/JPY.
Within what time frame do you expect it to drop to 229? Is it a good time to short it? Charts show it's still bullish.
I value your views

madrd mm 06:40 GMT November 14, 2007 Reply   
Lahore FM 06:36 GMT November 14, 2007

Ooooopss

Sorry !! From Now on I will stick to the short and simple Hello
8-(o

madrd mm 06:39 GMT November 14, 2007 Reply   
I love this comment from Federal Reserve member Fisher
- Markets still tender but recovering, investors coming home from "La La Land"

la-la land n. = A place renowned for its frivolous activity. A state of mind characterized by unrealistic expectations or a lack of seriousness.

That defines so well the market LOL

austin mw 06:38 GMT November 14, 2007 Reply   
WASHINGTON (MarketWatch) -- The wars in Iraq and Afghanistan could cost the U.S. economy $1.6 trillion through 2009, about double the amount directly requested by the Bush administration so far, according to a report released Tuesday by Democrats on the House-Senate Joint Economic Committee.

Lahore FM 06:36 GMT November 14, 2007 Reply   
madrd mm 06:33 GMT November 14, 2007
mm,i am in Asia and it is 25 minutes yet to midday.Good morning to you anyway!

madrd mm 06:33 GMT November 14, 2007 Reply   
Good eening Asia, GM Europe and all FX Jedi
8-)

Singapore 06:28 GMT November 14, 2007 Reply   
Hi,

Proven Forex Strategic. Do email me [email protected]

Makassar Alimin 06:22 GMT November 14, 2007 Reply   
short eurjpy 163.15, stop 163.53

Lahore FM 06:22 GMT November 14, 2007 Reply   
LA BFL 06:12 GMT November 14, 2007
BFL,what i meant was not mid 230 as 230.50 but mid 230 as 235.00.

intraday it can drop back to 229.00/229.50 for rise to mid 230's as in 235.00.gtgl!

LA BFL 06:12 GMT November 14, 2007 Reply   
hello fM,
your view was right for gbp.jpy.
It went to mid 230 ..
may i know whats your view form here on ?
thanks

Syd .. 05:58 GMT November 14, 2007 Reply   
Fed's Fisher sounding hawkish on inflation, and while he's not a voting member of FOMC now, it suggests central bank may not be so keen to cut rates again; also sounds upbeat on U.S. economic outlook, adding financial markets appear to be righting themselves from the troubles of recent months: "We are on our way back to markets priced by reason rather than fantasy and that systemic risk has been lessened substantially." Comments on economy wide ranging, largely positive; while not tipping his hand about Fed's next step, says economy was foremost in Fed's mind when it cut rates 25 bps last month; adds "we have been experiencing a mitigation of inflationary forces and expectations recently" but surging energy and food prices interject "a modicum of doubt about the wisdom of predicting further significant declines in inflationary pressures." He also admits "a sense of discomfort on the headline inflation front

Syd .. 05:51 GMT November 14, 2007 Reply   
USD weakness to continue for some months, if not longer, says Calyon's Mitul Kotecha, with good news being ignored for now as sentiment is so bearish; with subprime mortgage woes U.S.-centric it "throws the dolar into focus and destroys any potential for risk aversion- related buying." Adds to that poor U.S. housing market, risks to economy, USD diversification by sovereign wealth funds/central banks, selling of U.S. securities by foreign investors and moves in rate spreads. Continues to look for USD recovery "but we have pushed this expectation out to 2008 and from a weaker starting point in dollar terms. Although the slide can be justified by cyclical factors, there is a considerable scope for a medium term recovery." Factors to spur 2008 recovery include valuations, relative growth issues; also, narrowing U.S. deficits mean it will need less capital to fund external decicit. "Extreme dollar undervaluation and stretched market positioning suggests when the recovery happens it could be very significant. We believe this will take place in early 2008."(

new brighton gvm 05:18 GMT November 14, 2007 Reply   
Hong Kong Qindex - any thoughts on teh USD/Yen at these levels? TIA

denver jake 05:05 GMT November 14, 2007 Reply   
Syd .. 04:13 GMT November 14, 2007

I'm not sure if the market is forcing anything other than starting to reflect some of the fundamental problems.

Also, the Fed has cut 75 basis when the stock market was within 5% of it's ALLTIME high. As Jim Rogers said, "We have a madman at the helm." Personally, I think Ben is proving to be a coward but both terms might just apply in time.

Sydney ACC 05:01 GMT November 14, 2007 Reply   
Investment banking bonus forecasts


City bankers face bonus and job cuts:

Fixed income, currencies, commodities: down 30pc

Equities and equity derivatives: flat to down 10pc

Corporate finance: down 10pc-15pc

Leveraged finance: down 30pc-35pc

Securitisation: down 10pc-30pc

Wealth management: flat to up 10pc



Source: Armstrong International

Syd .. 04:19 GMT November 14, 2007 Reply   
The yen also rises
“Buy yen if you must, but you had better do so slowly.” That is what comments by Japanese prime minister Yasuo Fukuda, in an interview with the Financial Times, boil down to. Japanese acceptance that the yen will shoulder its share of the dollar’s fall is welcome and removes one obstacle to currency appreciation across the rest of Asia.
http://www.ft.com/cms/s/0/7363b090-9236-11dc-8981-0000779fd2ac.html?nclick_check=1

Syd .. 04:17 GMT November 14, 2007 Reply   
Qantas Airways Ltd. (QAN.AU) said Wednesday it has ordered up to 188 new narrow-bodied aircraft from Boeing Co. (BA) and Airbus (ABI.YY) to support its short-haul growth plans in Australia and Asia. Outgoing Chairwoman Margaret Jackson told shareholders at the airline's annual meeting in Melbourne, the new order will take the company's total aircraft order book to nearly A$35 billion at list prices. The airline's low-fares subsidiary, Jetstar, will also start receiving in early 2009, the first 15 of 65 Boeing 787 "Dreamliner" aircraft it has ordered for long-term routes

Syd .. 04:13 GMT November 14, 2007 Reply   
denver jake 04:04 markets will push it lower just to try and force the Fed hand but they cant just respond to that , part of the recent housing data improved also and they have to give it time for the rate cuts to take hold they already have done, just cant see them playing to the tune of the likes of Bill Goss

austin mw 04:08 GMT November 14, 2007 Reply   
denver jake 04:04 GMT November 14, 2007

Either or on that date.. The Fed cuts and $ could plunge and
raging inflation builds in the pipeline.. Fed doesn't cut and markets
plunge... Will be interesting to see if Fed speak can talk the markets down before the meeting.. I am in the camp of no cut

denver jake 04:04 GMT November 14, 2007 Reply   
Yeah, very true mate. Just throwing out an opposing nugget. It will be very very interesting to see the Holiday season unfold. No one wants the DOW plunging through 10k on Dec 18. :)

Syd .. 03:58 GMT November 14, 2007 Reply   
Jake , futures are up and down like you know what!!

denver jake 03:54 GMT November 14, 2007 Reply   
Syd .. 03:50 GMT November 14, 2007

Wouldn't that assume the FED is done cutting? You know futures are currently 82% for another cut in December fwiw.....

Syd .. 03:50 GMT November 14, 2007 Reply   
Robert Mundell, a Nobel economist and currency expert, said the scare of a dollar collapse was overblown. "We may be close to the bottom," he said. "The dollar will remain the anchor of the world's currency system unless the US makes some catastrophic errors.

"The dollar has problems, but the euro also has problems, and these are structural. They are part of the euro's genetic make-up," he told Italy's Il Sole.

Prof Mundell, known as the "father" of the euro, said the single currency's relentless rise is splitting the eurozone in two.

"Germany has been able to cope with the dollar crisis through a strong export recovery. But the situation is becoming critical in France and Italy," he said.

For now, the markets seem determined to overlook the euro troubles and drive the dollar lower, betting that a series of Fed rate cuts will lead to a further exodus from the US.

"We're seeing the sort of total capitulation sell-off you have at the end of every bear market trend," said David Bloom, head of currency at HSBC.

The biggest worry now is that a flight to the yen could lead to an abrupt reversal of Japan's $1,200bn ''carry trade", draining liquidity from global asset markets.


http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/11/14/cngulf114.xml&CMP=ILC-mostviewedbox

austin mw 03:31 GMT November 14, 2007 Reply   
Och-Ziff Raises $1.15 Billion in Initial Share Sale
----
IPO market still alive and well at least for the alternative investment sector. Sold 36 million shares at $32.

Syd .. 03:28 GMT November 14, 2007 Reply   
WASHINGTON -- President Bush, in a television interview, said he believes "the dollar will be stronger" if markets "would look at the strength of our economy."

His comments come as the U.S. dollar has hit record lows against other major currencies, including the euro and the British pound, as it is falling against the Japanese yen. While the president didn't offer a major shift in his administration's position on the dollar, almost any commentary from the president on currency can move the markets.

In an interview on Fox Business News, Mr. Bush reiterated the administration's mantra that it backs a "strong dollar" policy and that the markets should set exchange rates. He pointed to strong economic growth, low inflation and low unemployment as factors that should help lift the dollar.

"This is significant in that it shows [the Bush administration] is not asleep," said Edwin Truman, a former Federal Reserve and Treasury official now at the Peterson Institute for International Economics, a Washington think tank. "What they're saying is that we understand that the markets are somewhat nervous about this and this is what we think."

bdg-ina Betrand 03:24 GMT November 14, 2007 Reply   
hai...all

Syd .. 01:44 GMT November 14, 2007 Reply   
Bank of Japan board member Atsushi Mizuno said that subprime-related issues haven't had a huge impact on Japanese economy so far, the text of a speech released by the central bank showed Wednesday.

"Although some financial institutions revealed (subprime-related) losses, the impact is basically limited and not huge enough to unstablize (Japan's) financial system," as local banks have limited investments in assets backed by subprime loans, Mizuno said at a speech before business leaders on Nov. 7.

While strength in the yen caused by worries over subprime problems could hurt sentiment, no major effects have been confirmed so far, he said.

"Japan's economy is growing in line with the central bank's forecast made in its outlook report, on the back of favorable production, earnings and expenditure," he added.

Gen dk 01:18 GMT November 14, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

AZUSA 4x-ed 01:18 GMT November 14, 2007 Reply   
denver jake 01:12 GMT November 14, 2007
Affirmative on that... GTIS low of 7554 fwiw

Syd .. 01:13 GMT November 14, 2007 Reply   
China loan freeze to tackle inflation
By Jamil Anderlini in Beijing and Kevin Brown in Hong Kong
Companies investing in Chinese real estate or heavily polluting industries, including some foreign companies, have been told by bankers that they cannot access credit before the end of the year because of a government order to freeze lending
http://www.ft.com/cms/s/0/80fcfe14-91a5-11dc-8981-0000779fd2ac.html?nclick_check=1

denver jake 01:12 GMT November 14, 2007 Reply   
Anyone:
Did anyone elses platform just have a spike down on nzd/usd to 7560? Thanks

Syd .. 01:01 GMT November 14, 2007 Reply   
Australian wages grow at "benign" rate in 3Q, removing "once and for all" expectations of 25bps RBA rate hike in December, AMP Capital chief economist Shane Oliver says; adds CPI remains at top of RBA's 2%-3% target band as result of demand-pull, not wage-cost pressures.

Syd .. 00:57 GMT November 14, 2007 Reply   
German coalition faces new strains
November 13 2007 22:51
The resignation of Franz MĂĽntefering as vice-chancellor and labour minister from the coalition government of Angela Merkel greatly increases the uncertainty and volatility of German politics
But the risks for Germany are clear. There was an acrimonious policy-making meeting between the coalition partners that lasted into the early hours only hours before Mr Müntefering’s announcement. A government that is inclined to do little will be more likely to achieve nothing. Relations between the governing parties, which are already bad, look set to become worse. Mr Müntefering’s exit has fired the starting gun on up to 22 months of electioneering for power in Berlin. There will be rough times ahead. http://www.ft.com/cms/s/0/71d67bc2-9236-11dc-8981-0000779fd2ac.html

Syd .. 00:48 GMT November 14, 2007 Reply   
Australian 3Q wages data as expected, easing pressure on RBA to examine a December rate hike. Labor price index up 1.0% on quarter, 4.2% on year. Numbers last major data ahead of RBA board meeting December.

Syd .. 00:36 GMT November 14, 2007 Reply   
China shares likely to trade lower today on rising expectations Beijing will unleash monetary, macroeconomic measures to cool economy after this week's release of robust economic data. Shanghai index tipped to test psychological support at 5000 after ending down 0.6% at 5158.12 last session. "The sun will only break through the clouds again when the next round of tightening measures are announced and investors know the new rules of the game. Until then, most will just wait and see," says Huatai Securities analyst Hao Guomei. Analysts say heavy-weight property developers, banks which outperform general market in recent months may bear brunt of selling on concerns further macro-controls will hurt their earnings. Shenzhen Index closed down 0.7% at 1271.74.

Maribor 00:35 GMT November 14, 2007 Reply   
Well, I started doubt we will see AUDUSD at 0,91, USDJPY at 113,3 and GBPJPY at 241...better start selling...hope no nasty surprises during night time.

10Y bond doing as expected...

Syd .. 00:30 GMT November 14, 2007 Reply   
Australia 3Q Wage Index +1.0% On Qtr Vs Consensus +1.0%

HK [email protected] 00:26 GMT November 14, 2007 Reply   
Yen to 111.40 above that will be surprising.

Sydney ACC 00:20 GMT November 14, 2007 Reply   
USA BAY 00:13 GMT November 14, 2007
I read where RBS reckon sub-prime losses will be USD 500 billion and that something like USD 40 billion have been announced so far. If they are right then a large loss may knock AUD off the recovery path. That would be the sort of news that would push AUD down to that sort of level.
Personally I have been away from the market a month (school holidays and jury service) but I have kept in touch with the daily movements so I am a little more objective than I would otherwise by ie I don't have any positions.
The carry-trade goes through days of liquidation and reinstatement but it always recovers why because Australia and NZ are attractive destinaations for foreign money.
I expect that we will continue to recover therefore without a major fall in the next few weeks.

Syd .. 00:16 GMT November 14, 2007 Reply   
In Subprime Crisis, the Worst Is Yet to Come
The consequences of the US real estate crisis are far greater than previously suspected. Wall Street could face losses of over $200 billion, and German banks are unlikely to escape unscathed. The full extent of the disaster will not be known for months.
http://www.spiegel.de/international/business/0,1518,517139,00.html

USA BAY 00:13 GMT November 14, 2007 Reply   
Sydney ACC,

Do you think there is a chance for aud/usd to test the 87xx area before we see a rally higher testing new highs. Thanks

HK [email protected] 00:08 GMT November 14, 2007 Reply   
Report Puts Hidden War Costs at $1.6T

WASHINGTON - The economic costs of the wars in Iraq and Afghanistan are estimated to total $1.6 trillion — roughly double the amount the White House has requested thus far, according to a new report by Democrats on Congress' Joint Economic Committee.

http://news.yahoo.com/s/ap/20071113/ap_on_go_co/war_costs

Philadelphia Caba 00:06 GMT November 14, 2007 Reply   
London NYAM 23:16 GMT
NYAM, please...check my posts back to 2004..I've never offended anyone on this forum...still trying to learn something from all on this forum.
was just wondering what is 'significant and almost impossible to breach levels' on one of most volatile pair in fx..
btw..as you know..timing is everything..on 1 min graf have another 'drop' of 40 pips from 230.80 to 230.40...
gt.gl!

Syd .. 00:04 GMT November 14, 2007 Reply   
Sydney ACC 23:53 fly in the ointment is the Yen see it reaching 106 in the near term and this as an Aud correction before lower , after which we may see a further run to the upside .

Bon Air VA Dennis 00:04 GMT November 14, 2007 Reply   
dc CB 23:33 GMT

rotflmao!!!!!!!