Forex Forum Archive for 12/31/2007

philadelphia caba 22:43 GMT December 31, 2007 Reply   
Happy New Year to all !!

...and don't forget..money can't buy everything..

Hong Kong Ahe 21:52 GMT December 31, 2007 Reply   
USA BAY 21:26 GMT Have a great and profitable year of 2008. Hope my 2 Cents not causing you losing money. ;o) GLGT.

USA BAY 21:26 GMT December 31, 2007 Reply   
HONG KONG AHE,

Thanks for your wonderful views and thanks for always taking time to answer them. Have a great 2008.

USA BAY 21:04 GMT December 31, 2007 Reply   
Have a Happy New Year everyone. Thanks for all your help Dr Q.

The Netherlands Purk 21:00 GMT December 31, 2007 Reply   
Well MM, you have a great night and day ahead of you there in Spain!
Feliz whatever and lotsa health!

madrid mm 20:19 GMT December 31, 2007 Reply   
Valenciano----> Bon nadal i feliç any nou!

8-)

" Of course there are things more important than money, but you need so much money to get them." Grouch Marx

OK FX Jedi, time to bid goodbye to 2007 and welcome 2008.

And remember, variety is the spice of life.

May the force be with you all, wherever you are !!!

8-)

Global-View 18:25 GMT December 31, 2007 Reply   

Our best wishes for a happy and healthy New Year.

Amman wfakhoury 18:25 GMT December 31, 2007 Reply   
USA Skeptic 18:03 GMT December 31, 2007
thks alot.

USA Skeptic 18:17 GMT December 31, 2007 Reply   
Globex may as well be closed, it (forex) has slowed to a crawl.

chicago hl 18:14 GMT December 31, 2007 Reply   
A safe and profitable 2008 to you all!

USA Zeus 18:04 GMT December 31, 2007 Reply   
Mumbai NS 17:17 GMT December 31, 2007

Indeed NS. Best to you and have a great new year.

USA Zeus 18:03 GMT December 31, 2007 Reply   
austin mw 17:20 GMT December 31, 2007

Yes I covered shorts. 1/4 then another 1/4 later as posted. Leaving remaining 1/2 at b/e as posted.


Happy New Year!

USA Skeptic 18:03 GMT December 31, 2007 Reply   
Amman, the CME floor trading has just closed but globex will continue, in very diminished activity, until 1615 ET when US equities close.

Amman wfakhoury 17:59 GMT December 31, 2007 Reply   
anyone knows..when the market will close.

The Netherlands Purk 17:50 GMT December 31, 2007 Reply   
usd/jpy is closed for 1/2, rest is at b/e bigger for bigger jump. The first 1/2 Gave a little profit because o”anda “closed” and keeps a 10 pip spread, but i prefer to close ½ and go watch the fireworks.
I trust that many people will keep an eye on all their animals because this time of the year lotsa animals get really scared in Clogite country.Happy health.

Bodrum OEE 17:45 GMT December 31, 2007 Reply   
The Netherlands Purk 16:46 GMT December 31, 2007

here I am, back, and wrong (again)

;))


I do not like you, the content you post and the tone under certain circumstances, which we, I think, can qualify more or less; otherwise they are an asset

I leave now

(done)

NYC MP 17:26 GMT December 31, 2007 Reply   
austin mw 17:20 GMT - don't pay any attention.

Bodrum OEE 17:25 GMT December 31, 2007 Reply   
The Netherlands Purk 17:13 GMT December 31, 2007


I do not want to ignore you and I must say (in the least condescending manner) there was such an improvement in your content and tone that from my humble perspective I thought "alright, I was wrong". I wish to remain so (incorrect).

I beg your pardon; I will go back and enjoy a few hours left in this year.

You see, I am a human (like you and our best ability is said to be adopting to new conditions).

Good years ahead to you and all around

austin mw 17:20 GMT December 31, 2007 Reply   
USA Zeus 09:34 GMT December 31, 2007
Subject:
USA Zeus 01:18 GMT December 31, 2007
Added EUR/USD shorts @ 1.4747

USA Zeus 00:02 GMT December 31, 2007
Short EUR/USD 1.4735. Hopefully will add more higher.


Ok- Covered 1.4707
--
Zeus according to this post you covered shorts
earlier, so which is it?

Mumbai NS 17:17 GMT December 31, 2007 Reply   
Zeus so i guess u are luvin it i now hear the new year chimes in advance best of trades mate glgt

Gen dk 17:16 GMT December 31, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Bodrum OEE 17:15 GMT December 31, 2007 Reply   


Lahore 09:34 GMT December 31, 2007

FM, well, you are, at least, around.. what is next? please, in case it is worth it, please do not hesitate to get my e-mail from GVI if possible. Any possibility for a secular movement to remain resilient or better expand? Thank you and be well.

USA Zeus 17:14 GMT December 31, 2007 Reply   
USA Zeus 23:34 GMT December 30, 2007
Warning- USD rally is coming!

USA Zeus 01:18 GMT December 31, 2007
Added EUR/USD shorts @ 1.4747

USA Zeus 00:02 GMT December 31, 2007
Short EUR/USD 1.4735. Hopefully will add more higher.

____________________________________________________
Alarms are ringing- LOL!
Ok- covered more EUR/USD 1.4573
Holding remaining 1/2 now into the new year.
Happy New Year!

The Netherlands Purk 17:13 GMT December 31, 2007 Reply   
BODRUM:

I have read them all, that is why i said what i said. you have problems with mine, just ignore me and my posts.

Hong Kong Qindex 17:10 GMT December 31, 2007 Reply   
Have a Happy New Year to All of You! Good Night!

Hong Kong Qindex 17:09 GMT December 31, 2007 Reply   
EUR/USD : The market is testing the supporting strength of the barrier at 1.4534 // 1.4584. Anything below 1.4517 is not good.

Bodrum OEE 17:07 GMT December 31, 2007 Reply   
The Netherlands Purk 17:05 GMT December 31, 2007

Apologies, the previous post was to you

good night

The Netherlands Purk 17:06 GMT December 31, 2007 Reply   
I h this feeling that u/j will make a jump soon. s/l around 111,40.

Bodrum OEE 17:06 GMT December 31, 2007 Reply   


Thank you, look into them, when and if you think you have time

Mumbai NS 17:05 GMT December 31, 2007 Reply   
Dr Q tks sir is the bias to upside.....A very Happy and Prosperous New Year to u sir glgt

The Netherlands Purk 17:05 GMT December 31, 2007 Reply   
Bodrum OEE

Thanks, and i like you,your posts and the tone of your posts.

Hong Kong Qindex 17:05 GMT December 31, 2007 Reply   
USD/CHF : It is going to consolidate between 1.1259 - 1.1391 for the time being.

Mumbai NS 17:03 GMT December 31, 2007 Reply   
Took some off the table in g/j now will sell below 220.5 glgt

Mumbai NS 17:02 GMT December 31, 2007 Reply   
Deepak same to u too mate and on Inr no change in view on a broad picture 38.5 to 33 shuld be the journey of next two years ,however,advise to sell rallies not lows gud trades glgt

Bodrum OEE 17:01 GMT December 31, 2007 Reply   
The Netherlands Purk 16:59 GMT December 31, 2007


Oh I wish you health, no doubt

Happy new year

Mumbai Deepak 17:00 GMT December 31, 2007 Reply   
NS...Happy new year! What's your view on INR in 2008?

Hong Kong Qindex 17:00 GMT December 31, 2007 Reply   
USD/CAD : the market is positive when it is above 0.9828.

The Netherlands Purk 16:59 GMT December 31, 2007 Reply   
Bodrum OEE 16:55 GMT December 31, 2007

I like you to and wishing you lots of health.

Hong Kong Qindex 16:59 GMT December 31, 2007 Reply   
GBP/USD : The market is stable when it is above 1.9778.

Mumbai Deepak 16:58 GMT December 31, 2007 Reply   
Here's wishing a safe and a profitable 2008 for everyone here! Happy B'day John!

FM, great to see you back.

Hong Kong Qindex 16:58 GMT December 31, 2007 Reply   
EUR/USD : The market is stable when it is above 1.4601.

Mumbai NS 16:57 GMT December 31, 2007 Reply   
Dr Q ur thots on euro frm here glgt

Hong Kong Qindex 16:56 GMT December 31, 2007 Reply   
EUR/JPY : The market is under pressure when it is below 164.48. The next two projected targets from the daily cycle are 160.79 and 162.63.

Bodrum OEE 16:55 GMT December 31, 2007 Reply   
The Netherlands Purk 16:46 GMT December 31, 2007

Oh is it? that i why people are moving all those x-mas stuff. Must be all that stuffed chickens i ate, some must have been infected with some things that our government puts in, in order to let the clogs eat more and more so that we can pay more tax.

I do not like you, the content you post or your tone a single bit

It was a good idea to keep away from this forum, should you decide to give an ear to me (not that it is material otherwise)

Hong Kong Qindex 16:54 GMT December 31, 2007 Reply   
Hong Kong Qindex 03:40 GMT December 31, 2007
dallas 03:30 GMT - GBP/JPY : The market is under pressure when it is below 224.20 and speculative selling pressure will increase when it is trading below 223.56. The market may head for 219.24 later this week.

The Netherlands Purk 16:53 GMT December 31, 2007 Reply   
Well NY of AM, i consumed that a week ago, and i ended up in my Hotel room with unidentified persons that spoke Russki and Polska

The Netherlands Purk 16:52 GMT December 31, 2007 Reply   
Whoops Paris IB

well you know what i mean, parrot man.

The Netherlands Purk 16:51 GMT December 31, 2007 Reply   
Paris ib 16:48 GMT December 31, 2007

Sometimes i think you are the pererson that i hail sometimes in my e-mails to the other side of the clog world, sometimes...
i ar the clattering of that waterfall...

London NYAM 16:49 GMT December 31, 2007 Reply   
Well Purk I can think of one thing in large supply that will probably improve the appetite of the cloggers...
My day is done. GL and Happy New Year and Happy Birthday GVI John!

The Netherlands Purk 16:46 GMT December 31, 2007 Reply   
madrid mm 14:39 GMT December 31, 2007
The Netherlands Purk
Closing my e/u possies here. Happy X-mas!


??? Purky , Xmas is gone , isn t it ?

Oh is it? that i why people are moving all those x-mas stuff. Must be all that stuffed chickens i ate, some must have been infected with some things that our government puts in, in order to let the clogs eat more and more so that we can pay more tax.

london jp 16:40 GMT December 31, 2007 Reply   
London NYAM 16:35 GMT December 31, 2007
Hong Kong Ahe 16:35 GMT December 31, 2007
Thanks - it sure is a wild day for gbp and crosses.....

London NYAM 16:35 GMT December 31, 2007 Reply   
jp//No i havent changed my view yet. I re-entered again at 1.9835 stop and potential reverse under that major low 1.9750. That would extend the pain for cable. EURGBP long is offsetting and may have already completed a wave 4. That means we should see as significant bounce soon in EURUSD otherwise the whole corrective sequence may range again.
I think USDJPY is just going to get sold through the nose this month but since i think this is going to be a general dollar-slide continuation phase its tough to say on the crosses. Most comfortable shorting the pair especially under 219.30 it will probably accelerate to low 200 s. glgt

Hong Kong Ahe 16:35 GMT December 31, 2007 Reply   
london jp 16:33 GMT - GBPJPY 221.75 is already a overshoot level. Anything below 222 is good for buy and target 226/228. GLGT. Every success and profitable year of 2008.

london jp 16:33 GMT December 31, 2007 Reply   
Hong Kong Ahe 16:29 GMT December 31, 2007
Thanks Hong Kong Ahe - where do you think gbp/jpy may retrace to? Thanks

Singapore Ah Beng 16:32 GMT December 31, 2007 Reply   
Kevin 15:33 great post. 2008 will be our year. Yam sing.

Hong Kong Ahe 16:29 GMT December 31, 2007 Reply   
london jp 16:21 GMT the fall of GBPUSD is due to the unwind of GBPJPY. But GBPJPY at this level below 222 is good level to buy instead of sell, for 5 hours left before holiday. GLGT.

london jp 16:21 GMT December 31, 2007 Reply   
London NYAM 16:05 GMT December 31, 2007
Do you still think gbp/usd will be 2.000+ or has this latest price action changed your view. I am long from 1.9985 but have been caught by surprise with this move........TIA

Also any views on when gbp/jpy retracement may be ?

Gen dk 16:17 GMT December 31, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Hong Kong Ahe 16:08 GMT December 31, 2007 Reply   
HK Kevin 15:33 GMT - Hi Kevin, well done for the last EURJPY trade. Every Success and hv a profitable year in 2008.

Gen dk 16:05 GMT December 31, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

London NYAM 16:05 GMT December 31, 2007 Reply   
Ginko//Yes but it would be wierd. ;)
Stopped out on my longs for GBPUSD. Took a second long EURUSD.

tokyo ginko 15:57 GMT December 31, 2007 Reply   
happy new year all and may 2008 be a good trading year for all..(is this mathematically possible?)

Mumbai NS 15:34 GMT December 31, 2007 Reply   
Hmmm sometimes staying away is so gud cheers and a really Happy New Year once again gl gt

HK Kevin 15:33 GMT December 31, 2007 Reply   
My sincere thanks to those Chinese members in this forum.
Hong Kong Qindex, never ignore his views and chart points, otherwise it's your loss
Shagnahi bc, my teacher for long term position trading
HK RF, always looking for his counter opinions before entering a trade
Hong Kong Ahe, value for her expetrise in YEN cross and kind assitance
hk ab, now grow to be a Gold expert
Hong Kong nt, hope you visit the forum more frequent

Gen dk 15:32 GMT December 31, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

madrid mm 15:24 GMT December 31, 2007 Reply   
FWIW -

Dec. 31 (Bloomberg) -- Sales of existing homes in the U.S. unexpectedly rose in November to a level that still suggests the housing slump will be a drag on economic growth.

Purchases rose 0.4 percent to an annual rate of 5 million from a 4.98 million pace in October, the National Association of Realtors said in Washington. Sales were down 20 percent from November 2006 and the median home price fell 3.3 percent.

madrid mm 15:22 GMT December 31, 2007 Reply   
Hong Kong Qindex

thank Sir

The Netherlands Purk 15:20 GMT December 31, 2007 Reply   
Paris ib 15:11 GMT December 31, 2007

I do not suffer from prem eja's... I just take possies and close them. It was a long time ago that i minded the pips that i did not have. Now i like the pips that i actualy have.
Doodely doo...

HK Kevin 15:11 GMT December 31, 2007 Reply   
Closed my short EUR/JPY from 166.35 at 163.80.
Wish everyone have a happy ending for 2007 and a good start for 2008.

London NYAM 15:05 GMT December 31, 2007 Reply   
Longed gbpusd again 2.0018 stop 1.9889 longed EurGBP .7328 stop .7239

Hong Kong Qindex 15:02 GMT December 31, 2007 Reply   
madrid mm 14:52 GMT - USD/JPY : 109.72 and 110.80 are the next two targets in the daily cycle.

Hong Kong Qindex 14:52 GMT December 31, 2007 Reply   
USD/JPY : Barriers are located at 110.89 - 110.98 - 111.27 - 111.59 - 111.77 - 112.06.

madrid mm 14:52 GMT December 31, 2007 Reply   
Hong Kong Qindex

out of curiosity, 110.80 is for today in your opinion ?
Thx

London NYAM 14:51 GMT December 31, 2007 Reply   
mm//LOL. Other half is at home.
1.9900 should hold for cable. Looking to add low 2.00 and mid 1.99xx as well as EURUSD which is getting close to a buy imo.

madrid mm 14:48 GMT December 31, 2007 Reply   
@ 10h00 ET
Existing Home Sales
Consensus 4.970 M

madrid 14:43 GMT December 31, 2007 Reply   
London NYAM, waveman !!!
Naughty naughty ...!!

I give you some help.
Go to google.com
type in Gisele top model bikini
And then one of your wishes will come true

Now i only hope that your 2nd half is not looking over your shoulder !!

8-)

Hong Kong Qindex 14:42 GMT December 31, 2007 Reply   
USD/JPY : the market is on its way down to 110.80.

London NYAM 14:40 GMT December 31, 2007 Reply   
madrid mm 14:35//Post the link then...

madrid mm 14:39 GMT December 31, 2007 Reply   
The Netherlands Purk
Closing my e/u possies here. Happy X-mas!


??? Purky , Xmas is gone , isn t it ?
But then again they might have a different calendar in the NL !!

8-)

madrid mm 14:35 GMT December 31, 2007 Reply   
it looks like Gisele the top model is on vacation in her bikini somewhere in the Carrabean

8-)

Gen dk 14:34 GMT December 31, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

The Netherlands Purk 14:30 GMT December 31, 2007 Reply   
Closing my e/u possies here. Happy X-mas!

madrid mm 14:25 GMT December 31, 2007 Reply   
A little bit of fun
8-)

http://www.grantspub.com/cartoon/index.php?year=2006


The Grant's Cartoon Bank contains a trove of our financially incorrect cover cartoons, penned by the renowned Hank Blaustein.

London NYAM 13:56 GMT December 31, 2007 Reply   
Im very glad to hear that FM.
GBPUSD: I believe we can say we have seen the bottom for a while. The creeping up of cable has been interesting as it has been largely spurred by the cross so its telling us something about the flows (at least during this light trade day). I was lucky enough to leave a long out (two one got stopped) at 1.9789 so merry x-mas. Unfortunately the EURGBP move that i have been waiting for left without me. I hope caba caught it.
EURGBP correction should stay above .7240 with a risk to .7178 t/l support. It may track sideways if the Eur can mount 1.4750 but I suspect it still has more downside to come (1.46 area) before it takes out 1.50. Cable could have started its way back to 2.03 area.
Oh yes and selling USDJPY on any rallies iseems like a nice bet.

hk ab 13:41 GMT December 31, 2007 Reply   
close level of dlr/jpy is important here.

EU the EUROqueen 13:31 GMT December 31, 2007 Reply   
St. Annaland Bob 10:27 GMT December 31, 2007

happy new year dear Bob..the 1Q it will be a bad one for the USD BUt lets say maybe!!the year 07 it was a bad one for the usd but a very good one for every one who sold it..
nt hopefully for u the the 08 will better and u will make a lots of pips
happy trade

LA BFL 13:09 GMT December 31, 2007 Reply   
Happy New Year to all soon..

Spore Rych 12:18 GMT December 31, 2007 Reply   
To Jay n All at the Forum,

WISHING ALL A HAPPY N PROSPEROUS TRADING NEW YEAR 2008

Thank u to all.

Los Angeles - bernie 12:13 GMT December 31, 2007 Reply   
Lahore --- Happy to hear your voice again.

Helsinki JJ 12:08 GMT December 31, 2007 Reply   
Thanks Jay. I have sent you mail.

GVI john 12:08 GMT December 31, 2007 Reply   
Updated Daily Chart Points...
GVI Technical Chart Points. Or look under "Tools" in navigation bar on top for "Chart Points".


Updated Daily Forex Charts...
EUR/USD USD/JPY USD/CHF GBP/USD EUR/GBP EUR/JPY
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NZD/USD

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Updated twice daily. Access GVI free

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Charts: Updated Bourses..
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FTSE/DAX CHF-SMI CAD-TSE USD-DJIA -NASDAQ -S&P

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

GVI Jay 12:02 GMT December 31, 2007 Reply   
Helsinki JJ 11:46 GMT December 31, 2007 - contact me by EMAIL

Roumeli anka 11:50 GMT December 31, 2007 Reply   
Happy New Year to every one

Helsinki JJ 11:46 GMT December 31, 2007 Reply   
anyone here has more info on institutional broker in terms of trading GBPJPY? , USDSEK , USDNOK ? putting into consideration liquidity provided and spreads.

Thanks JJ

Gen dk 11:36 GMT December 31, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Maribor 10:38 GMT December 31, 2007 Reply   
First target before turn down GBPJPY ~229,1, EURJPY ~164,3 before up. Cable 2,038 before down again.

Mumbai NS 10:29 GMT December 31, 2007 Reply   
Navin tks a lot and wish the same to u


A Very Happy and Profitable New Year to all members of the forum gud trades gl gt

St. Annaland Bob 10:27 GMT December 31, 2007 Reply   

best wishes per 2008 for all the good people around here

St. Annaland Bob 10:23 GMT December 31, 2007 Reply   
Athens 09:58 GMT December 31, 2007

may 2008 will be good and better for you Adam ... take care!

Tallinn viies 10:18 GMT December 31, 2007 Reply   
it was a good year.

happy new year !!!

HK RF@ 10:11 GMT December 31, 2007 Reply   
Lahore FM 09:00 GMT December 31, 2007

Good you are back and happy new year, I was worried you were kidnaped by a Rumpelstiltskin from a BuCket-Shop forcing you to weave them gold threads(sorry trades) from straw.

Helsinki iw 10:10 GMT December 31, 2007 Reply   
And to you, Adam.

Athens 09:58 GMT December 31, 2007 Reply   
A Happy and Prosperous New Year everyone here.

USA Zeus 09:52 GMT December 31, 2007 Reply   
Cbj Jake 05:43 GMT December 31, 2007

Cheers Jake! Best of the best to you and the others for a most prosperous new year!
Out 'til next year- GLGT!!

USA Zeus 09:49 GMT December 31, 2007 Reply   
HK RF@ 05:30 GMT December 31, 2007
------------------------------------------------------------
My dear forum-fellow Zeus: Talking the USD down does not mean I am anti-american, it is a matter of Tech. view. I will be the first, if I could switching to USD when it will look right to do so.

If you think I am anti ameican(which I am not) just because I talk down the USD, it only confirms your bias, because of you being too nationalist. My point is simple, being pro or anti american should not play any role in trade judgement.

K.I.S... EURO has demonstrated a capacity to move to 1.5125 and maybe even above.



HK RF@ 05:30 GMT December 31, 2007

---------------------------------------------------------USA Zeus 23:56 GMT December 30, 2007
Well I don't believe in HK RF's anti USA unbalanced propaganda and constant BS Zeus "Nationalist BS" attacks..
------------------------------------------------------------
My dear forum-fellow Zeus: Talking the USD down does not mean I am anti-american, it is a matter of Tech. view. I will be the first, if I could switching to USD when it will look right to do so.

If you think I am anti ameican(which I am not) just because I talk down the USD, it only confirms your bias, because of you being too nationalist. My point is simple, being pro or anti american should not play any role in trade judgement.

K.I.S... EURO has demonstrated a capacity to move to 1.5125 and maybe even above.

HK RF@ 15:40 GMT December 28, 2007
Subject:
I will not be surprised if USD may be sucked into a Black-Hole, where the laws of T.A. may not hold.
HK RF@ 23:34 GMT December 19, 2007
Subject:
USD strength may last for another 1.5%-2% appreciation, but regarding the US as a non disappointing source of scandals many of them are not yet completely revealed

HK RF@ 11:13 GMT December 17, 2007

Cotton is not the trend when it comes to women's underwear, as they prefer the synthetic more tight style which can't absorb their sweat, thus leading to vaginitis infections. So let's buy shares of those companies producing medicines to combat vaginitis. Same logic NO?

HK RF@ 08:42 GMT November 24, 2007
Hello Sheikh Fadak Al-Kanith Ibn haram !!!

We are not bringing oil prices up, so you will play with our women HA!!!!
That money is resesrved for buying weapons from US!!!!!

Khara alayk !!!!!!!!!!!!!!!!!

US STATE DEPARTMENT
____________________________________________



Huh? Nationalust? LOL!

Madrid pedro 09:47 GMT December 31, 2007 Reply   
I am trying to teach my wife to trade.....
Can anyone recommend a good trading forum in Spanish!!!???

USA Zeus 09:41 GMT December 31, 2007 Reply   
isr jweb 09:38 GMT December 31, 2007

Profits are there, end of year etc.

Cheers!

isr jweb 09:38 GMT December 31, 2007 Reply   
you scooted out zeus..? what happened? market noise or just came down to mother earth?

Lahore FM 09:34 GMT December 31, 2007 Reply   
Thanx Bob,NS and jweb!it is good to be back.it was just eid holidays' time but things changed for the worst real quick with the assassination.

i have nothing favourable to say for benazir but she died in a pitiful way.lots of looting and arson wa done in name of mourning which of course is the way of ignorants and miscreants.

things are returning to normal now though.

USA Zeus 09:34 GMT December 31, 2007 Reply   
USA Zeus 01:18 GMT December 31, 2007
Added EUR/USD shorts @ 1.4747

USA Zeus 00:02 GMT December 31, 2007
Short EUR/USD 1.4735. Hopefully will add more higher.


Ok- Covered 1.4707

USA Zeus 09:33 GMT December 31, 2007 Reply   
USA Zeus 03:01 GMT December 31, 2007
Ok- Added a bigger chunk @ 111.76


Ok- Sold out 112.08 for the scalp.

madrid mm 09:18 GMT December 31, 2007 Reply   
Using Contrary Opinion in Trading Markets Click here!

St. Annaland Bob 09:09 GMT December 31, 2007 Reply   
Lahore FM 09:00 GMT December 31, 2007

take care out there, do all of us a favor and don't shoot anyone while you make sure you are not a target for one of the mad dogs there (seems they are to control the scene for now). be safe!

Mumbai NS 09:02 GMT December 31, 2007 Reply   
FM wow gud to see u back and sry to hear all that happened hope things are ok now gl gt

isr jweb 09:02 GMT December 31, 2007 Reply   
FM so nice to see you - i was getting worried, may 2008 be a fantastic year and for all members!

Lahore FM 09:00 GMT December 31, 2007 Reply   
thanx NYAM for your concern.i am all good here and hope normalcy returns here in pakistan sooner than expected.

Florida Crom 08:31 GMT December 31, 2007 Reply   
The Netherlands Purk 07:58 GMT December 31, 2007
Starting to build up a short position in e/u. 147337 is the first.

Am afraid that you wont be able to add anything higher as H&S formation stil valid untill 4780 is broken. Also suggest you pay attention to eur/jpy. It has a long way to go south

The Netherlands Purk 07:58 GMT December 31, 2007 Reply   
Starting to build up a short position in e/u. 147337 is the first.

madrid mm 07:17 GMT December 31, 2007 Reply   
have a gr8 day and may the force be with you.
8-)

Helsinki JJ 07:15 GMT December 31, 2007 Reply   
anyone here has more info on institutional broker in terms of trading GBPJPY? , USDSEK , USDNOK ? putting into consideration liquidity provided and spreads.

Thanks JJ

madrid mm 07:12 GMT December 31, 2007 Reply   
* WSJ: If China's FX policy is a speedometer for the government's move toward market economics, that thinking appears to be picking up speed. Thanks to a surge in recent weeks, the yuan is set to end 2007 up nearly 7% against USD -- twice the amount it appreciated against USD in 2006 -- and economists forecast a similar pace of upward movement in 2008.

* Bilawal, 19-year old son of assassinated former PM Benazir Bhutto, has been appointed Chairman of her PPP party. Her husband Asif Ali Zardari has been named co-chairman. The party will take part in the January 8 elections. Karachi stock markets down -4.62% in early trading, reopening after Bhutto's murder.

* UK Observer on Sunday: Merrill Lynch's new Chief Executive John Thain is this weekend in talks with Chinese and Middle Eastern sovereign wealth funds that could lead to the sale of another big stake in the US bank in a desperate bid to raise capital. The discussions come just days after Thain was forced on Christmas Eve to sell $4.4bn of stock to Singapore investment firm Temasek as part of a wider plan to raise some $7.5bn.

* UK Telegraph: Cyprus and Malta will tomorrow embrace the euro, adding another two Club Med votes to the policy board of the ECB. The two islands - one near the coast of Africa and the other kissing the Levant - make up just 0.3% of eurozone GDP and barely flicker on the radar screen of the 320m-strong currency bloc. Yet their arrival marks a crucial stage in the declining dominance of the German Bundesbank.

* Times: Prof Robert Shiller, co-founder of S&P Case/ Shiller House price index says losses arising from America's housing recession could triple over the next few years and they represent the greatest threat to growth in the US, saying there was a very real possibility that the US would be plunged into a Japan-style slump, with house prices declining for years.

* ECB Axel Weber, in Bild am Sonntag, says ECB will act decisively against second round inflation effects from higher wage demands - Reuters.

* Very thin New Year Eve trading, as market players countdown to the new Year 2008, with Japan away, together with China, Thailand and Philippines, and many centers in Europe away as well. Most centers will be closed earlier for New Year holidays.

* Greenback remains under pressure, on continued concerns over US economy into further slowdown, or even recession. USD/JPY rose initially in very thin markets, before breaking 112 handle to 2-week lows of 111.76, and now back up at 112 again.

EUR/JPY, GBP/JPY, NZD/JPY, AUD/JPY all dipped lower on Cross/JPY sales, before moving back up, as EUR hit fresh 3-week highs 1.4747, AUD broke key 0.8800 to fresh 2-wk highs 0.8820 on strong private credit.

NZD hit 2-week highs 0.7771, EUR/GBP near all time highs, Cable blw 2.00.

Nikkei and JGB markets are closed for New Year holidays till Thursday, and will resume on Friday, 4 January.

Crude remains firm, at $96.29, just $3 from its all time highs of $99.29.

Gold reaching toward its all time highs of $850, now Glittering at $843.00/ 844.00.

madrid mm 07:11 GMT December 31, 2007 Reply   
Same to you Navin

8-)

Mumbai Navin 07:07 GMT December 31, 2007 Reply   

Wishing everyone in this wonderful forum a Very Happy and Prosperous 2008

Special thanks to Madrid mm, Mumbai NS, Como, Lahore FM and ofcourse to Jay (without whose effort this forum will not exist). This is one of the best places to be in if one trades the currencies.

madrid mm 07:06 GMT December 31, 2007 Reply   
hello and good morning FX jedi

8-)

Another 16 hours and it will be 2008 in Madrid ...

cleburne tx.usa 07:02 GMT December 31, 2007 Reply   
so where usd/jpy going down or up?

Hong Kong Qindex 06:20 GMT December 31, 2007 Reply   
USD/JPY : Projected barriers are expected at 111.97, 112.06, 112.24 , 112.34 and 112.68.

Hong Kong Qindex 06:20 GMT December 31, 2007 Reply   
USD/JPY : Projected barriers are expected at 111.97, 112.06, 112.24 , 112.34 and 112.68.

Hong Kong Qindex 05:52 GMT December 31, 2007 Reply   
GBP/CHF : The market is under pressure when it is below the range 2.2537 - 2.2590. The short term downside targeting range is 2.2341 - 2.2375

Cbj Jake 05:43 GMT December 31, 2007 Reply   
Zeus! A special prosperous new year to you. Surely, you are immortal when the most lethal bullets fall empty at your feet.
Yet you have courtesies,vulnerability and fellow-feeling that even "enemies" must admire. Best to you.

Cbj Jake 05:32 GMT December 31, 2007 Reply   
Do wish all understanding and peace in this new year and,of course, well being and good trades.

HK RF@ 05:30 GMT December 31, 2007 Reply   

---------------------------------------------------------USA Zeus 23:56 GMT December 30, 2007
Well I don't believe in HK RF's anti USA unbalanced propaganda and constant BS Zeus "Nationalist BS" attacks..
------------------------------------------------------------
My dear forum-fellow Zeus: Talking the USD down does not mean I am anti-american, it is a matter of Tech. view. I will be the first, if I could switching to USD when it will look right to do so.

If you think I am anti ameican(which I am not) just because I talk down the USD, it only confirms your bias, because of you being too nationalist. My point is simple, being pro or anti american should not play any role in trade judgement.

K.I.S... EURO has demonstrated a capacity to move to 1.5125 and maybe even above.
Only when the world(especially the third world) will be Euro loaded to the teeth, that is the time euro will plunge as it is overvalued even in the present levels.

Cbj Jake 05:28 GMT December 31, 2007 Reply   
Sydney ACC - going thru my printouts - 2yrs ago(1/28/05,17:31GMT) and written in the days of such greats as San Diego bobl and Gold Coast Martin: "What will be the ramifications from an evaluation of the Reminbi?" Still fresh in the archives!!

Santiago 05:19 GMT December 31, 2007 Reply   
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tokyo ginko 05:09 GMT December 31, 2007 Reply   
i would sell eur/usd here, put a p-t at 1.32, go for a year holiday and come back next year.. GL all and have a great 2008!

best regards

cleburne tx.usa 04:55 GMT December 31, 2007 Reply   
I'm newbie can i get some pips thankyou......Happy New Year

dallas 04:43 GMT December 31, 2007 Reply   
thanks Q

USA BAY 04:34 GMT December 31, 2007 Reply   
HONG KONG QINDEX,

DR Q, Can you pls kindly share your bias for gbp/chf and the targeting points. As always thanks a lot.

Hong Kong Qindex 03:40 GMT December 31, 2007 Reply   
dallas 03:30 GMT - GBP/JPY : The market is under pressure when it is below 224.20 and speculative selling pressure will increase when it is trading below 223.56. The market may head for 219.24 later this week.

dallas 03:30 GMT December 31, 2007 Reply   
Dr. Q, can you give your analysis on gy please?

Hong Kong Qindex 03:09 GMT December 31, 2007 Reply   
USD/JPY : 109.88 is a good short term target.

USA Zeus 03:02 GMT December 31, 2007 Reply   
Looks to me like USD/JPY will get rangy soon.

USA Zeus 03:01 GMT December 31, 2007 Reply   
Ok- Added a bigger chunk @ 111.76

Hong Kong Qindex 03:00 GMT December 31, 2007 Reply   
USD/JPY : After reaching 111.77 the next targeting range is 111.25 - 111.36.

Syd 02:53 GMT December 31, 2007 Reply   
USD/JPY knocked below 112 in thin market as U.S. investment houses, Japan brokerages dump stale long positions, says senior dealer at Japan bank in Singapore; players also selling JPY-crosses: EUR/JPY, AUD/JPY, NZD/JPY. Notes players were caught long USD/JPY as they had expected USD to rally into New Year, but now adjusting positions on renewed worries of U.S. recession following weak U.S. housing data Friday, while JPY-crosses hit by spike in risk aversion as geopolitical worries rise following assassination of ex-Pakistan PM Benazir Bhutto. Break of USD/JPY support at 111.50 would clear way for drop to 110.50.

USA Zeus 02:42 GMT December 31, 2007 Reply   
Added more USD/JPY 111.84

Hong Kong Qindex 02:42 GMT December 31, 2007 Reply   
USDX : The short term downside target is 75.63 and the weekly cycle targetis 74.98.

USA Zeus 02:17 GMT December 31, 2007 Reply   
Added USD/JPY scalp @ 111.90

Hong Kong Qindex 02:01 GMT December 31, 2007 Reply   
USDX : The market is going to test the supporting strength of 75.99. It closed at 76.24 in the last New York session.

Hong Kong Qindex 01:40 GMT December 31, 2007 Reply   
USD/JPY : Speculative selling pressure will increase when the market is trading below 111.89.

USA Zeus 01:34 GMT December 31, 2007 Reply   
Bought USD/JPY @ 112.00

Philadelphia Caba 01:31 GMT December 31, 2007 Reply   
Hong Kong Qindex 01:24
Qindex, many many thanks for your system numbers and accurate posts!! ... no problems if we will see higher..I'm going to short it after this week anyway..think we can see some profit taking before BOE next week..
wishing the best in '08!!

Hong Kong Qindex 01:24 GMT December 31, 2007 Reply   
EUR/GBP : The market has a good chance to tackle the barrier at 0.7424 - 0.7449.


The following is still valid :


Hong Kong Qindex 12:55 GMT December 28, 2007
EUR/GBP : The market is going to consolidate between 0.7346 - 0.7361 - 0.7379. Supporting range is 0.7322 - 0.7328. Resistant range is 0.7408 - 0.7427.

USA Zeus 01:23 GMT December 31, 2007 Reply   
empoli ab 01:20 GMT December 31, 2007

Don't have one established yet. Am planning to add some more before a stop is set. Could be set quite a bit higher. Let's see.

GLGT! :-)

empoli ab 01:20 GMT December 31, 2007 Reply   
Hi Usa Zeus, just for my info where do u have ur sl, if any, pls?
maybe 1,4780 bid?
tia gl

Philadelphia Caba 01:18 GMT December 31, 2007 Reply   
eur/chf:
head & shoulder on dailies?

USA Zeus 01:18 GMT December 31, 2007 Reply   
Added EUR/USD shorts @ 1.4747

Hong Kong Qindex 01:01 GMT December 31, 2007 Reply   
USD/JPY : It is on the way down.

Syd 00:51 GMT December 31, 2007 Reply   
Bleak prospects for UK job market
The outlook for the UK job market is at its worst for a decade, according to a report from an employment organisation.
The Chartered Institute of Personnel and Development forecasts a net rise in employment of 75,000 in 2008, a third of the rise forecast in 2006 and 2007.

The institute estimates unemployment will rise by around 150,000 to 1.8 million, or 5.8% of the workforce

http://news.bbc.co.uk/2/hi/business/7162733.stm

Philadelphia Caba 00:48 GMT December 31, 2007 Reply   
eur/gbp:
get stopped out on previous shorts...but, did some observation based on last 3 months ... and it says: ..after cca 250 pips push up we can see at least 100 pips correction .. it's just pure look at the chart...than, profit taking and much awaiting BOE cut or no cut is another story..
comments, views very welcome!

Hong Kong Qindex 00:14 GMT December 31, 2007 Reply   
EUR/USD : The market is positive when it is above 1.4725 and speculative buying interest will increase when the market is able to trade above 1.4765.

Hong Kong Qindex 00:13 GMT December 31, 2007 Reply   
Subject:
EUR/USD : The followings are still valid :-


Hong Kong Qindex 16:28 GMT December 27, 2007
Subject:
EUR/USD : If the market is able to close above 1.4608 in New Yorl session, it has potential to trade between 1.4608 - 1.4698 - 1.4845.

USA Zeus 00:02 GMT December 31, 2007 Reply   
Short EUR/USD 1.4735. Hopefully will add more higher.