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Forex Forum Archive for 04/18/2007

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Syd 23:57 GMT April 18, 2007 Reply   
Australia's PM Howard To Hold 0010 GMT News Conference

Syd 23:51 GMT April 18, 2007 Reply   
Feb Tertiary Indus Activity +1.0% On Month

USA Zeus 23:41 GMT April 18, 2007 Reply   
After this USD/CAD stretch down with the sell interest all but vaporizing it would not be surprising to see a pre # short rally party.

Syd 23:39 GMT April 18, 2007 Reply   
USD/JPY may try further downside on selling by non-Japan funds, JPY buybacks

Syd 23:35 GMT April 18, 2007 Reply   
Sydney ACC can I have your view on the AUD short term tks

jkt-aye 23:32 GMT April 18, 2007 Reply   
usjy ... will the history repeat ?
last yr it drop from 118.9x (mid apr) to 108.9x (mid may). so far this mid apr we have 119.9x high....(toward 109.9x ??)

BUD Petr 23:32 GMT April 18, 2007 Reply   
I guess USDCAD depends on the inflation #'s 2morrow - if they raise hopes for rate hike(s), I would look for test of 1.1220. (I'm short from 1.1280).

Gen dk 23:16 GMT April 18, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Syd 23:15 GMT April 18, 2007 Reply   
MARKET TALK: JGBs May Open Higher, Struggle; Fukui Speech Eyed

USA Zeus 23:13 GMT April 18, 2007 Reply   
Atlanta South 23:03 GMT April 18, 2007

Hi South. Well was able to do some more building block massaging and walked away with some cream after a big allocation which brought the average cost down to 1.1291 then sliced some at 1.1295, 1,1325 and 1.1335 to keep the tower from leaning over.
Next stop for me if seen is likely 1.1220-40 range. So far a lot of work on this one- far more than usual to get a firm foundation on the allocation but I like where it stands at this point with the size and b/e point.

Saw this 1.127x area as a real sticky point. Time will tell. Steady as she goes. I'm about the only buyer from a global view(point) so odds are stacking for a liftoff.

Syd 23:06 GMT April 18, 2007 Reply   
USA BAY 23:03 GMT its a matter of when not if

USA BAY 23:03 GMT April 18, 2007 Reply   
SYD,

I hope there is a rate hike, so that some unwinding takes place as the levels are really very high for some pairs.

Atlanta South 23:03 GMT April 18, 2007 Reply   
USA Zeus
What are your views on the $/CAD @ this time? I took another short on the pair earlier & now consider taking
my pips & playing in another playground. TKS & Gt.

Syd 23:02 GMT April 18, 2007 Reply   
meaning the $USD at all time lows against

Syd 23:01 GMT April 18, 2007 Reply   
USA BAY 22:58 GMT with everything at or close to all time lows , something has to give , not many spec players can afford to trade at these levels doesnt seem to be much left in to play for !! any view out there

Syd 23:00 GMT April 18, 2007 Reply   
USA BAY 22:58 GMT seems still being talked about on DJ you never know anything is possible

USA BAY 22:58 GMT April 18, 2007 Reply   
SYD,

Yesterdays yen unwind was caused by the BOJ rate hike rumour, but that was denied and the carry trade resumed once again.

USA Zeus 22:57 GMT April 18, 2007 Reply   
Is this a sign of a total global meltdown? What has this world become?

First lines in the "about" page of the egyptianfx...
"Beaver(bucket shop) Inc. — When Money Makes Money...
People play different games. It can be kids games it can be games for adults."

Lord help us all!

Syd 22:57 GMT April 18, 2007 Reply   
DJ Rumor BOJ could be set to hike rates in May or June. give some players excuse to unwind a few carry trades.

Syd 22:45 GMT April 18, 2007 Reply   
stg/yen as with the Djia just below, with the correlation no doubt due to the "carry trade" (yen is borrowed to fund long stg positions as well as long stock positions). Would take a similar approach in stg/yen as a break below the bullish trendline since mid March (currently at 236.25) would likely trigger large stops and be a sign to short, very short term, aggressive could even below long against this trendline but would want to be nimble enough to quickly stop and reverse on a break below. Nearby resistance is at yesterday's high at 239.50, while a break below the bullish trendline since March would target further declines toward 230.50 and even a retest of the early March low at 221.15. FXA

USA Zeus 22:40 GMT April 18, 2007 Reply   
cairo MA 22:25 GMT April 18, 2007


LOL- They can give you 10,000 times leverage and zero pip spreads and clean your clock on every trade if they choose.
Spreads are NOT what most people think they are in a world of price discovery with book-leaning, non-transparent pricing.
The dealer can still make 5 pips+ and make you think you are getting a great deal if the slime in bucket shops so choose. DYOD

Syd 22:40 GMT April 18, 2007 Reply   
Yen crosses only need a "trigger" to lead to a potentially sharp decline as occurred in late Feb/early March and many are keeping a close eye on tonight's slew data releases out of China. Don't forget that it was a fall in the Chinese stock market that led to the global risk reduction (include unwind of carry trade). US stocks were mixed with the Dji breaking above the Feb high but the Nasdaq a bit lower, oil was heavy a looks like a good chance to sell (see email sent earlier) and gold was little changed near recent highs FXA

Nigeria Basorun 22:37 GMT April 18, 2007 Reply   
any have any comment on cable ?????????

USA Zeus 22:36 GMT April 18, 2007 Reply   
odss = odds

USA Zeus 22:35 GMT April 18, 2007 Reply   
Mtl JP 21:26 GMT April 18, 2007

JP- Yessss! Thank you for the chance to end the JP-7 spillover and get off the tarmac. However, flight pattern to b/e is only 1.1291 (not including the cream already taken)after the triple down as seen earlier here.

Took some cream off the top to refresh for any possible bunker buster add-ons and to keep the tower straight and erect.

Now, after reviewing the flight plan I think any chance for an add will ignite the kompressor for a serious thrust vectoring as you mentioned with respect to the odss haviing somewhat of a shift. Feels good to have all the building blocks in order for such an event to unfold.

Syd 22:28 GMT April 18, 2007 Reply   
China 1Q GDP tipped +10.3% on-year vs 4Q's +10.4%, shows Dow Jones poll; signaling potential for further tightening

cairo MA 22:25 GMT April 18, 2007 Reply   
ello guys, here is one broker which have a lot of promotions.
Using MT4 for trading, minimum deposit from 25$ and leverage
up to 500:1, spread from 2 pips. and they offer 100$ bonus
after 10 lots trades. Check it!


http://www.fxegypt.com/index.php?id=11852

USA BAY 22:15 GMT April 18, 2007 Reply   
RIC FXQ,

Why is price of food going up.?? Pretty much no change in the bay area.

RIC fxq 22:13 GMT April 18, 2007 Reply   
USA BAY 21:58 GMT

RIC is the airpot code for Richmond VA (same as DCA for Wash DC)

Syd 22:04 GMT April 18, 2007 Reply   
NZ House Mkt Set To Knock Back NZD This Yr - FNZC


2202 GMT [Dow Jones] NZD/USD's recent rally, leading to fresh post-float high of 0.7493 yesterday, should start to fall back when expected weakness in housing market takes hold later this year, says First NZ Capital strategist Jason Wong; "The behavior of the NZ housing market is crucial. We find real house-price inflation to have the highest correlation with NZ's real exchange rate of any other variable we tested." Also, house price inflation provides good summary variable of what's happening in economy, particularly strength of domestic demand, level of interest rates. Thinks preconditions for meaningful NZD depreciation are weaker commodity prices, slowing housing market, "significant toning down" of RBNZ tightening bias; expects last two conditions to be in place by end of this year.

NYC beyond_destiny 22:01 GMT April 18, 2007 Reply   
Set s/l of swissie @ 1.1985 will move it to 1.201 on Fri close

T/P 1.215-8, 1.232-5 if broke...

The momentum of anti-US$ is very strong, but exhausted...Looking for positive data to initiate the market, stuck in current position is not good R/R though. There is still negative difference of yield between eur/usd even market fully priced in two hike which may be all in 07...

Mtl JP 22:01 GMT April 18, 2007 Reply   
JJ 21:54 / 2.06xx on radar while above 2.0020 on the daily.

USA BAY 21:58 GMT April 18, 2007 Reply   
RIC FXQ,

Where is this RIC?//

LKWD JJ 21:54 GMT April 18, 2007 Reply   
any cable sellers, or are we all waiting for it to get closer to the fig 2.01?

RIC fxq 21:48 GMT April 18, 2007 Reply   
Mtl JP 21:35 GMT

I'd seen it earlier, in my case it was V-8 low sodium juice going from $3.39 to $3.69 from Friday last to Tuesday. Of course, seasonally adjusted for volatile food items, our grocery bill will go down this week ... yeah, right!

Syd 21:42 GMT April 18, 2007 Reply   
Lahore FM 21:37 watching CNBC on the deal late last week , were saying that for the investor not such a good buy as a few problems with it , but by that time the ones who set it up will be long gone cashed up , dont we know

Lahore FM 21:37 GMT April 18, 2007 Reply   
Syd 21:29 GMT April 18, 2007
interestingly Syd if the deal does not go through aussie would have a kick in the groin.

Mtl JP 21:35 GMT April 18, 2007 Reply   
fxq, c my 17:15 ->

Tallinn viies 21:33 GMT April 18, 2007 Reply   
MNI:
EURO SUMMARY: Opened at $1.3592 after $1.3559/1.3616 overnight range.
-- Sterling had once again led a charge higher vs dollar, lifting
euro-dollar over $1.3600, after a hard-fought battle, for morning highs
at $1.3617. Euro gains were stilted and, amid sales from real-money
accounts in euro-dollar and sales of euro crosses, euro-dollar pair
turned lower. An early base at $1.3590 gave way to hefty euro-yen
selling, dragging euro-dollar to retest overnight lows at $1.3559 and
marginally extending below there to trade at $1.3557 as light stops were
tripped. Euro losses were quickly reversed, euro-dollar recovering to
$1.3595 area as talk suggested Russian demand for euros emerged at the
lows but gains stalled shy of $1.3600 before euro turned lower into
mid-morning as cross flows continued to liquidate through the dollar
pair. Late morning into afternoon found the pair orbiting $1.3580 area
amid mixed, two-way flows.

RIC fxq 21:32 GMT April 18, 2007 Reply   
jp:

"...my bread cost went from $2.79 to $3.29 over the weekend ...."

perhaps they are thinking "Let them eat cake" or "seasonally adjusted - my favorite - bread"

Syd 21:29 GMT April 18, 2007 Reply   
Rising dollar sours deal
According to some analysts, if the dollar rises any higher, Rinker shareholders could think twice about accepting the revised $US15.85 ($18.94) a share offer. ABN AMRO analyst Simon Thackray said a US1c increase in the value of the dollar against the greenback could mean a loss of millions of dollars for major shareholders. Another analyst said the takeover saga had been a disaster from the start. "Cemex started with too low an offer for Rinker and after it sweetened its price, the rising Australian dollar has made it harder for them," the analyst said.

Lahore FM 21:26 GMT April 18, 2007 Reply   
JJ all well i hope.the gbjpy help is on for your short usdjpy.add something to it or sell gbpjpy.

Syd 21:26 GMT April 18, 2007 Reply   
Rudd will kill jobs: Howard
JOHN Howard has warned voters that Kevin Rudd's industrial relations plan will kill the jobs boom by sapping the spirit of small business operators and increasing the number of workers forced into casual labour.
In a new campaign pitch to win back the support of middle Australia and reassert the Coalition's claim to being the superior economic manager, the Prime Minister argued that Labor's policy would stop small businesses creating jobs.
Mr Howard's attack on Labor's controversial plan to roll back sections of Work Choices was supported by the business community, worried that Mr Rudd has gone too far to appease the unions.

http://www.theaustralian.news.com.au/story/0,20867,21581936-601,00.html

Mtl JP 21:26 GMT April 18, 2007 Reply   
Zeus - hallucinations of angry like the great Murcielago, SR71 spill some more JP-7 (like an old incontinet hagg - where are the adult Huggies?), non-igniting high-flashpoint fuel, building block apporacher - me thinketh the odds have shifteth somewhat in favour towards your 1.1352 average and a chance to get out of jail: 3:30 close ABOVE the S upporting t-line, albeit by teeny, skinny 2 pips by my observation AND in view of tom's CPI likely to lie about my CPI and market to swallow it line, hook and sinker may allow for a bit of a pop (something resembling a quasi-takeoff where the Kompressor, failing to ignite, acts both as weight and dynamic drag). CPI below 2% - a fat chance since my bread cost went from $2.79 to $3.29 over the weekend - necessary for ratecut hallucinations to turn to expecations.

Tallinn viies 21:25 GMT April 18, 2007 Reply   
hey and couple thoughts more about eurusd...
I guess yields hasnt been so close for long time. not in too far future euro yield will be higher than dollar yields, I guess during this year.


then did you see the answer ECB guy said yesterday or today regarding high oil prices - "eurusd rate will protect us" - what does it say to us?
go euro go.

then have you seen how many times lately eurozne number had suprised us to upside? compared US tend to suprise downside.

and then of course I think about the amplitudes. average range per year is ca 15%. so far euro hilo difference is less than 6%. and I have my doubts regarding eurodollar move under 1,2850 in the situation where dollar may soon be funding currency.

so, guess there lot more things which are out there...

LKWD JJ 21:23 GMT April 18, 2007 Reply   
Lahore FM any thoughts on $Y? im short from here but been holding it from the bounce off 11810. if theres any correction in gbpjpy this could drop...

LKWD JJ 21:20 GMT April 18, 2007 Reply   
kaprikorn good heads up there on gbpjpy. i just think the neckline is too steep , but if you want confirmation check 4hr chart as it is almost identical.

Sofia Kaprikorn 21:20 GMT April 18, 2007 Reply   
Tallinn viies 21:15 //
what is written there about volatility just reminds me of a quote from that book on Soros - he said:

"Volatility is high at major turning points - when the trend is set then volatility decreases"
well not a big insight given the fact that carry trades existed because of the low volatility ...

Tallinn viies 21:15 GMT April 18, 2007 Reply   
ok guys going to sleep now. just wanted to say that thismove is real thing and it will go ahead. dont be on the short side.
1,45 still my target fior the year but most likely in 4Q.
right now april and may are months to make money then need to trade on smaller scale again

Lahore FM 21:14 GMT April 18, 2007 Reply   
Tallinn viies 21:07 GMT April 18, 2007
Thanks viies.your posts are always a great read.i like the one of your own derivation the best.gtgl.

Tallinn viies 21:12 GMT April 18, 2007 Reply   
RIC fxq 20:56 GMT April 18 - before reuters dealing and EBS I was following it together with voice brokers but now seeems ....
yeah, hasnt traded there for years. I saw their new elctronical look alike spot screens and even we had idea how to make money playing cme ag spot and profiting from swap points, curves and bla bla. but trading there is complicated for simple person like me

Tallinn viies 21:07 GMT April 18, 2007 Reply   
SoldmanGachs fwiw - Trading Strategy–New highs and lows. The GBP touched 25 year highs at 2.0138, NZD breaks to post float highs of .7480. EUR cracked 1.36 and the CHF began to catch up as it broke 1.2030. The implications are clear – USD weakness continues apace. We are in a clear trend –the first in months of trading and yet few seem to be on board and so the momentum seems to be key for extending the moves. The market doubts everything after months of range trading and frustration. Arguments remain that the moves for the USD are stretched. But there is little today from the news agenda that will provide any excuse not to grind higher in EUR, GBP, etc. The weakness in some equities is the story to watch in the US. Yahoo disappointment may spread over to other things and so the issue is whether the correlation of higher US equities to a weaker USD leads or follows. Also expect the EIA data to matter as the jump in oil over the last week clearly helped to add to arguments about USD diversification, but we are offered at the open. Paulson speech could reveal a bit more about G7 and China policy and the pressure on carry trades to unwind may return as an issue should the JPY or CHF continue to gain enough –watching 118.20 JPY and 1.20 CHF for acceleration. We are in a trending market –and as such –volatility may actually drift lower due to the predictability of the next move.

USA BAY 21:06 GMT April 18, 2007 Reply   
My charts are showing bearish signs for gbp/usd, gbp/jpy , aud/usd and nzd/usd, but I am not sure I can apply them for ozi and kiwi.

Syd 21:03 GMT April 18, 2007 Reply   
Former Mossad chief: Kill Ahmadinejad
Western countries must unite in an effort to assassinate Iranian President Mahmoud Ahmadinejad, former head of the Mossad Meir Amit said on Wednesday nightLINK

Sofia Kaprikorn 21:00 GMT April 18, 2007 Reply   
JJ //

certainly man - trading if up to us... I referred to the macro outlook - the general frame as I like to navigate in the big picture while trading is strictly off the charts..

so - did you find anything constructive in my supposed bearish H&S in the making in GBPJPY....

- if this scenario is true than a confirmation should be the right shoulder to be completed with a high in the 238.50-70 range.... and then it will be supported by a MA cross... all on 2 hour timeframe..

LKWD JJ 20:58 GMT April 18, 2007 Reply   
than theyre a great contrarian indicator!! hes actually pretty good with the funnymentals and overall picks, at least on the majors. buy nobodys perfect. this move in cable was supposed to stop @19930's.

Syd 20:57 GMT April 18, 2007 Reply   
Mtl JP this is the same types that have been set up in the US, but have been under the radar until the rates start rising by 50bpt a shot , that will clear the creeps

Sub-prime creativity made in UK
Guardian: Rent-a-room mortgage launched
This is much beyond simply scraping the bottom of the barrel! This is criminal mis-selling! On the fun side, mortgage lenders will never stop amazing me for their creativity and spin ability.

http://money.guardian.co.uk/property/mortgages/story/0,,2059968,00.html

RIC fxq 20:56 GMT April 18, 2007 Reply   
Tallinn viies 20:43 GMT

oh really? are you at all familiar with CME traders?

USA BAY 20:49 GMT April 18, 2007 Reply   
LKWD JJ,

True, he was harping on selling aud/cad at 0.9409, for 0.9340, but obviously only went up. I really don't like his suggestions and most of the time does not work

GVI john 20:48 GMT April 18, 2007 Reply   
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

Access accurate and free GVI


	EUR/USD	USD/JPY	USD/CHF	GBP/USD	USD/CAD	EUR/GBP	EUR/JPY
1900GMT	1.3579	118.61	1.2053	2.0056	1.1286	0.8360	161.06
High	1.3617	119.03	1.2091	2.0133	1.1340	0.8375	161.63
Low	1.3557	118.11	1.2025	2.0016	1.1265	0.8316	160.42
04/18/2007							
Simple mva	basis =>	04/18/2007					
5 day 	1.3541	119.31	1.2117	1.9932	1.1323	0.8332	161.29
10 day	1.3471	119.23	1.2160	1.9810	1.1403	0.8268	160.48
20 day 	1.3404	118.62	1.2163	1.9746	1.1493	0.8184	158.93
50 day 	1.3261	118.66	1.2231	1.9584	1.1619	0.7989	157.33
100 day	1.3167	118.95	1.2265	1.9596	1.1645	0.7910	156.60
200 day	

LKWD JJ 20:48 GMT April 18, 2007 Reply   
was cable @ 2.40 back in the 70's-80's? i think thats what i saw on my 30 yr weekly chart.

LKWD JJ 20:46 GMT April 18, 2007 Reply   
Sofia Kaprikorn 20:21 GMT April 18, 2007
LKWD JJ 20:11 //
hey there! seems you got the same plat that I got recently..
Mr. A Laidi puts interesting stuff for reading..

btw - do yuo watch GBPJPY?
==========================
watch is the key word, i dont trade it though.
his stuff is a good read but a hard trade. he doesnt follow up on the ideas if hes wrong. you gotta figure that out for youself. if he says buy x one day and then doesnt mention it again it means get the heck out if your still in!!!

GVI john 20:45 GMT April 18, 2007 Reply   
GVI Calendar of selected key economic data, central bank meetings, etc....

USA BAY 20:45 GMT April 18, 2007 Reply   
SYD,

True, any correction is going to violent and also applies to cable and euro.

Tallinn viies 20:43 GMT April 18, 2007 Reply   
RIC fxq 20:39 GMT April 18, 2007 - I would say mostly generated by russians...

Tallinn viies 20:41 GMT April 18, 2007 Reply   
another day is almost over and we still hasnt seen 1,3660-65.
tommorow then.
stop under 1,3555. gl

Syd 20:41 GMT April 18, 2007 Reply   
USA BAY 20:37 GMT hi, my calls on the Aud have been shite lately, but all I can say is we are due for some kind of retracement , every man and his dog is in this trade along with the Kiwi , I recall the last time it was up here my broker recommended me to buy dips for even higher which I did , being quite green those days and was drop in the shite big time.

USA Zeus 20:40 GMT April 18, 2007 Reply   
EUR/USD smells funny too. Look for it to trap then drop and stop shop.

RIC fxq 20:39 GMT April 18, 2007 Reply   
Bear in mind much of this activity from 1500 ET (1900 GMT) is generated by CTA's and taking place on the CME Globex platform.

USA BAY 20:37 GMT April 18, 2007 Reply   
SYD,

The technicals of nzd/usd may agree with ANZ view, but do you think 0.7495 tops and a pullback in the picture soon. tia

USA Zeus 20:36 GMT April 18, 2007 Reply   
GBP/USD smells like a trap- Look for this rally to fail below the high.

LA BV 20:35 GMT April 18, 2007 Reply   
Is there any enws out? eur/usd has been on a straight line trajectory

Mtl JP 20:32 GMT April 18, 2007 Reply   
nh 20:23, are u prepared to offer a 100% moneyback no questions asked guarantee ? I think Greenspan's screwup is JUST beginining to drop its first seeds.

Syd 20:29 GMT April 18, 2007 Reply   
Livingston nh 20:23 GMT it was also used as on of the vehicles to bring down the Dollar once the C/A started to improve.

Syd 20:27 GMT April 18, 2007 Reply   
Mtl JP 20:20 GMT we should be pleased they are and it be a lesson, (although it wont ) . again its the Shisters that have already cut and run with profits

Livingston nh 20:23 GMT April 18, 2007 Reply   
Keep in mind the SUB Prime market poses no significant risk to the US economy with respect to either default or spending - the S&L collapse was far more significant and that was absorbed w/o much damage

Syd 20:23 GMT April 18, 2007 Reply   
NZD/USD Won't Hit New Post-Float High Today -ANZ


2011 GMT [Dow Jones] NZD/USD topside caps appear to be in place, so no new post-float highs should be posted today, says ANZ Bank in report; tips range of 0.7405-0.7483, saying while further buying interest has arrived after corrective move overnight further extensions beyond 0.7500 will be hard fought, require further USD weakness. Adds while financial markets now fully expecting RBNZ rate hike by June, those in market looking for hike next week will realize this isn't good for economy, and as exchange rates reflect relative economic performance this could "cause further speed wobbles" for Kiwi

Sofia Kaprikorn 20:21 GMT April 18, 2007 Reply   
LKWD JJ 20:11 //
hey there! seems you got the same plat that I got recently..
Mr. A Laidi puts interesting stuff for reading..

btw - do yuo watch GBPJPY?

I see on 2 hours chart a possible bearish tilted H&S pattern in the process in GBPJPY - it has a Head in the form of bearish double top (actually a top and lower top in the above 239 highs) and we are now going for the right Shoulder...

Neckline will come tilted down to the 236.50 - books say this type of H&S is extremely bearish - which in fact goes very nicely with the idea of carry unwind - it will be violent when happens..
of course this is just observation - a possible scenario!
views are highly appreciated

Mtl JP 20:20 GMT April 18, 2007 Reply   
Syd 20:11, don't you just LOVE idiotic socio-communist schemes ?

I am willing to bet less than ten per-cent of the sub-prime fwuakkups will somehow be "saved".

FW CS 20:18 GMT April 18, 2007 Reply   
Mtl JP 19:47 GMT April 18, 2007
150-300 billion is a lot of money to dilute the value of USD out there but you are right compared to what is already out there that is becoming less and less.

Syd 20:18 GMT April 18, 2007 Reply   
ECB report plays down risk of private equity
Nevertheless, banks recognised that operating conditions were exceptionally benign. “Most of the responding banks admitted that a significant rise in interest rates would pose a major threat to the LBO market,” it said.LINK

Bank chief warns over ABN break-up
Amsterdam
Proposals by a group of three European banks to break up ABN Amro suffered a setback on Wednesday after the Dutch regulator warned that the plan would involve increased risks and complications for the country’s second-largest bank.

The strongly worded statement sparked fresh controversy about the motives of Nout Wellink, president of the Dutch central bank, who has played a key role in the two-month tussle for control of ABN Amro.

USA Zeus 20:17 GMT April 18, 2007 Reply   
Big contra move in Zeus' future. Will be relocating to start another big Alt-A wholesale mortgage operation as everyone has run for the exit doors leaving huge I mean enormous demand and opportunity. As last time will grow it into a multi yarded business, smack the Inc 500 again then sell it.
Cheers

Syd 20:11 GMT April 18, 2007 Reply   
Mtl JP 19:47 GMT April 18, 2007
Freddie Mac to Buy $20 Billion in Subprime Home Loans -
hearing on Bloomberg this will take the sting out of the subprime market and can only be a good thing. its in their best interest to shore up the market in this way

LKWD JJ 20:11 GMT April 18, 2007 Reply   
it came from see em sees analysis desk.

Syd 20:05 GMT April 18, 2007 Reply   
Trichet warns on credit derivatives
http://www.ft.com/cms/s/1a1b6912-edcf-11db-8584-000b5df10621.html

Syd 20:03 GMT April 18, 2007 Reply   
LKWD JJ 20:00 GMT tks

AZUSA 4x-ed 20:01 GMT April 18, 2007 Reply   
Don Zeus, no sabia que usted es un torero. Ole!

LKWD JJ 20:00 GMT April 18, 2007 Reply   
Syd 19:38 GMT April 18, 2007
==================
had heard that in am but didnt see anybody mention it. ty

USA Zeus 19:54 GMT April 18, 2007 Reply   
Murciélago was a famous bull from Joaquin del Val di Navarra's farm, partly responsible for the fame of the Miura breeders.

On October 5, 1879 he fought in Córdoba, Spain with Rafael Molina Sanchez, "El Lagartijo". He went after the picadores 24 times, with a rare courage. For this display Murciélago was pardoned. He was given as a gift from "El Lagartijo" to Don Antonio Miura, who mated him with 70 cows. His line exists to today and is famous for being fierce and brave

AZUSA 4x-ed 19:47 GMT April 18, 2007 Reply   
USA Zeus 19:45 GMT April 18, 2007 || Well done Dr.! My neighbor tells me to keep an eye on that MP as the cooper rally may be short lived.

USA Zeus 19:47 GMT April 18, 2007 Reply   
Please pardon the typos- have eyes focused on the over head display.

Mtl JP 19:47 GMT April 18, 2007 Reply   
FW CS 21:44 / expensive or just a drop in the grand scheme of things: Freddie Mac to Buy $20 Billion in Subprime Home Loans - Bloomberg

I think: wasted effort (and money), just political Pablum.

USA Zeus 19:45 GMT April 18, 2007 Reply   
AZUSA 4x-ed 19:33 GMT April 18, 2007

Haha Professor. Well have a coca-cola and a smile! Pick pocketing today on volatile refiners and rails (ethenol haulers).
Well never know for sure as we are at a hot zone here but if the earnings season is any clue thus far 15 hundy looks to be a target.

USD/CAD looks to be angry like the great Murcielago. The blackbird is standby on the tarmac ready to spill some more JP-7 then topoff or take the order to spool the Kompressor and visit 80,000 feet.

Syd 19:38 GMT April 18, 2007 Reply   
Reports of Russian accounts exiting out of yen shorts and Middle East accounts paring their long plays in high yielding FX is unwinding some of the carry trades seen in GBP, AUD and NZD. Rumors of further sub-prime troubles and a troubled hedge fund resulting from the soaring sterling have also helped weigh on USDJPY sentiment. This is also weighing on EURUSD, GBPUSD, GBPJPY while helping USDCAD and EURGBP. USDJPY sentiment could especially decline in the event that US stocks sell off on currency worries by foreign holders of US equities. 200 day moving average stands at 118 yen

Syd 19:36 GMT April 18, 2007 Reply   
Aussie Crosses in for Period of Softness
AUDJPY – The AUDJPY may be in the early stages of weakness but a break below trendline support drawn off of the 3/14 and 3/28 lows is required before we can confidently get bearish against the 4/17 high of 100.02. The rally from 88.48 is in 5 waves with an extended 5th wave (which itself appears to be in 5 waves). Extended 5th waves are often fully retraced, so we are looking for a move back to 93.79 on a sustained break of aforementioned trendline support. Both RSI and CCI have rolled over from above overbought on the daily.


AUDNZD – The AUDNZD broke below short term trendline support yesterday near 1.1265 and quickly traded down to 1.1163 today before reversing and rallying to test the breakout point as resistance. Still, a short term bearish bias is warranted as long as price remains below the former support line on a daily closing basis. Longer term, the real break and directional bias comes on a decline below the January low of 1.1055 or a rally through the March high of 1.1484. A glance at the monthly suggests that the break will be to the downside as the previous trend is down.
f.x.cm

Syd 19:34 GMT April 18, 2007 Reply   
The Yen advanced versus the dollar and euro on speculation inflation may accelerate in Japan
The 6-month and 1-year forward premium was at 6.28% and 4.78% as compared to 6.21% and 4.68% previously.censored

AZUSA 4x-ed 19:33 GMT April 18, 2007 Reply   
Quite impressive this equity slingshot... Dr. Z, some may think you kept that finger on the buy button for too long. Still room for a correction ahead of the 1500?

Como Perrie 19:26 GMT April 18, 2007 Reply   
sry that was bund...gilt moved more downside

Lahore FM 19:26 GMT April 18, 2007 Reply   
Alimin,am flat on usdjpy.had closed longs for a few pips and stopped for small losses on a bit as well.had closed shorts before that around 118.70 last week some at 118.30.

caught up with eurusd longs from 3567.might try a short of seen around 118.80.

fairfield JC 19:24 GMT April 18, 2007 Reply   
I heard that a hedge fund was given a margin call by the Simex today and that was why it slumped and is now climbing back up.

Como Perrie 19:24 GMT April 18, 2007 Reply   
read were priced .. ..many other problems appearing in general markets around and nervousness is mounting as risks... the carryboys hardly sleep and customers the smart one escaping from funds too

Mtl JP 19:22 GMT April 18, 2007 Reply   
dlrcad Kompressor seems to add weight, especialy negatif if sputter ignition burn off a few feathers further reducing "lift"ability.

what a magnificient 3:30 close fledgling struggle: will it take off or crash off the bridge ?

Como Perrie 19:20 GMT April 18, 2007 Reply   
Look at Gilts from mid march 116. to near 117 and dropped into 113.45... now reaction high has moved into 114.13 but the picture is bearish in general...all look minutes where prices as around the Zeus long gbp 1.96 or so....so guess done this round for now...next month plenty of things to go...even japanese rates on check next month too

very complex... bond rate carry speculators hardly sleep recenlty

Syd 19:20 GMT April 18, 2007 Reply   
You also have to consider Tourism to the UK which will slump

A dark side to over-stretched, strong sterling

The pound may slip back a bit but you will see buying on the dips. One of the attractions of sterling is that the Government is relaxed about the exchange rate so there is less political risk than in Europe, where politicians are always complaining about the strong euro

But there is a dark side to sterling's strength. It burst through $2 on the same day that inflation reached the highest in a decade because markets are chasing yield. Inflation can boost a currency in the short run by pushing up rates, but eventually it has the opposite effect.

Steve Pearson, currency strategist at HBOS, believed sterling is now over-stretched and likely to fall to $1.87 by the end of the year.

He said all the key supports will soon start to crumble, citing M&A flows, falling reserve accumulation as commodity producers falter; and a slowing of the yen "carry trade" as the yield gap narrows. "We're close to a long-term cyclical top," he said.

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/04/18/ccsterling18.xml

Lahore FM 19:20 GMT April 18, 2007 Reply   
Dear Alimin and Mirdiff,looks usdjpy is a sell.stops have to be a notch above 119.10.can go to 117.50 tomm.

jkt-aye 19:16 GMT April 18, 2007 Reply   
think these goose "scalp" me, lol.

Syd 19:13 GMT April 18, 2007 Reply   
Como Perie , have been saying for some time rate should rise by 50bps in the UK , problem is Brown was worried about the economy being affected just before the election , but now its smacked him right in the face and will cause the economy a great deal of pain, especially the get quick rich merchants the new (speculators in the renovation market) give it six month and the Subprime problem in the US will look like kindergarten stuff
Business comment: Brown's state spending spree is coming home to roost
LINK

Como Perrie 19:05 GMT April 18, 2007 Reply   
yeap syd... long gilts short yen ..it was some 20 minutes ago they started to liquidate some onto gbpjpy

Syd 19:00 GMT April 18, 2007 Reply   
UK hedge fund in trouble with Guilts or FX or possibly even both!!

Syd 18:58 GMT April 18, 2007 Reply   
FX NOW! EUR/USD, GBP/USD Flows - sub prime? hedge fund? rumours that someone's in trouble! UK fund in Trouble
from 4CAST site, anyone heard any more from this report

Syd 18:56 GMT April 18, 2007 Reply   
TOP DOLLAR
LINK

Birmingham (UK!!!!) AW 18:55 GMT April 18, 2007 Reply   
Hi,
I was wondering. I live in the UK and I am going to New York (my first time out of Europe!) in October. I have kept a steady eye on the Forex, because I thoight that it would go over 2$ for £1 and so I did.

I was wondering, how much higher do you think the dollar will g against the pound before coming back down. I want to get the most for my money, and possibily invest a little of my savings and pocket the difference when the rate comes back down.

Thanks!
Alex

USA Zeus 18:46 GMT April 18, 2007 Reply   
Syd 18:33 GMT April 18, 2007
Thx again Syd!

Syd 18:33 GMT April 18, 2007 Reply   
USA Zeus 18:20 GMT actually not a bad idea, exchange and Mart is the paper to use.

USA Zeus 18:20 GMT April 18, 2007 Reply   
Commo Perrie- yw!

Syd 17:42 GMT April 18, 2007

Thx Syd- Perhaps I should advertise my house in the London papers for the big move. -Z-

RIC fxq 18:11 GMT April 18, 2007 Reply   
fairfield JC 17:59

in central and No VA I can think of two highway crashes w/fatalities that were caused by unlicensed illegal immigrants hauling heavy loads and another that was a Mexican licensed driver on a long distance haul. This within the past 6 - 9 months. It is already here whether legal or not.

fairfield JC 17:59 GMT April 18, 2007 Reply   
i wonder if this will have an affect on the US$ either when it happens or in the future if the plan goes through? I just heard about this from a friend, it maybe hogwash or maybe true.

http://www.rense.com/general75/truckess.htm

Syd 17:55 GMT April 18, 2007 Reply   
Soft landing or crash landing for property boom?LINK

Syd 17:42 GMT April 18, 2007 Reply   
Two dollar pound results in renewed interest in US property
LINK

Rent-a-room mortgage launchedLINK

BIG MORTGAGES RISES COMING LINK

Bubbles in asset values are created by what we might term ‘mindless lending practices’. At regular intervals, credit markets lose all idea of risk and embark upon a process of crazy lending, driven by competition and the overwhelming desire for market share. LINK

Como Perrie 17:29 GMT April 18, 2007 Reply   
tks...z... if so lotsa hours to spend next days here...

USA Zeus 17:24 GMT April 18, 2007 Reply   
moscow mike 16:51 GMT April 18, 2007
That's it! GT :-)

USA Zeus 17:22 GMT April 18, 2007 Reply   
Como Perrie 17:13 GMT April 18, 2007

Never know but I don't think so. GT! :-)

Mirdiff Mike 17:22 GMT April 18, 2007 Reply   
Whats is the view on USD/JPY.Thak you

dc CB 17:13 GMT April 18, 2007 Reply   
BCE bidding war looms
Teachers still in race; Phone giant in talks with CPP, Caisse and KKR
Sean Silcoff, Carrie Tait and Theresa Tedesco, Financial Post
Published: Wednesday, April 18, 2007

MONTREAL - BCE Inc. has put itself into play, sparking a potential bidding war among Canada's top pension funds for Canada's largest telephone company.

BCE, the parent of Bell Canada, said yesterday it had entered into talks with a group that includes Canada Pension Plan Investment Board (CPP), Caisse de depot et placement du Quebec, Public Sector Pension Investment Board and U.S. privateequity firm Kohlberg Kravis Roberts &Co. about a possible buyout.

"This is an expression of intent, and we are heading into a period of due diligence," said Ian Dale, a CPP spokesman.

Como Perrie 17:13 GMT April 18, 2007 Reply   
USA Zeus 17:10 GMT April 18, 2007

do you think usdjpy to go sub figure by closing

USA Zeus 17:10 GMT April 18, 2007 Reply   
Lots of previously paralyzed traders piling into positions on the first retrace of some historic moves. Beware of thrust vectoring for fast reversals.

Como Perrie 17:09 GMT April 18, 2007 Reply   
am getting rid previous usdjpy long with a thiny 17 pippos... do not like, will keep order lower...see then around closing bibi

Makassar Alimin 17:07 GMT April 18, 2007 Reply   
moscow mike 17:02 GMT April 18, 2007

true, speaking from what i see on the chart, we are still in a mini uptrend channel developing from low 115, and there is 200 dema coming at 117.88 area for now
my first objective would be a test of that support and also channel support and see from there....some also see potential SHS developing but we will need to take one at the time for this nasty pair i think

moscow mike 17:02 GMT April 18, 2007 Reply   
fwiw... usdyen has a good chance of rebound from 118 imo

moscow mike 16:51 GMT April 18, 2007 Reply   
USA Zeus 16:35 GMT April 18, 2007
Funny you mentioned about Fibo, because i do see a very nice Fibo junction support on daily chart in 1250/80 zone.

jkt-aye 16:45 GMT April 18, 2007 Reply   
Zeus 16:35 ... feel it too. join you after a nice sleep on short the little bird (kiwi). trying to "scalp" this goose. gtgl

Sofia Kaprikorn 16:45 GMT April 18, 2007 Reply   
madrid mm 06:33 //
nice link on the fx valuation models !

NJ, USA UKB 16:40 GMT April 18, 2007 Reply   
high for eur/usd is 1.3617

USA Zeus 16:35 GMT April 18, 2007 Reply   
I'm not exactly a fibo retrace kind of trader but saw sometning interesting on the daily USD/CAD chart.

FWIW- My guess is "trend" traders likely saw 1.20+ in mid Feb. Now they see parity. Hmmm

semiji mal 16:35 GMT April 18, 2007 Reply   
anyone know high for eurusd today tq

jkt-aye 16:32 GMT April 18, 2007 Reply   
Good day ALL.

MTL JP ... great call re short usdcad ard 1.1340 yest.

Makassar Alimin 16:31 GMT April 18, 2007 Reply   
FM, if you are around, still maintaining short usdjpy core from last week? did not get second addition above 120 though
i still got it after failing to capture some 'long' pips to 120 area on the other account which got stopped out yesteday

Perth Randall El 16:22 GMT April 18, 2007 Reply   
CT Cris 16:15 GMT April 18, 2007
=====
gbp.usd is in uptrend for midterm trading...it may reach 20200,
within the coming days , it is preferable to buy after each dip.


Caution! This could mean Sell then sell some more as an A,B,C,X explanation later- either way flip a coin and watch him dance later as usd.jpy 120 is coming- exactly as he said and it turned out to really be a sell signal instead!!!


Mtl JP 16:15 GMT April 18, 2007 Reply   
GEP 15:50, the main purpose of the SR71 was to spy and not get shot down like the U2 it replaced.

CT Cris 16:15 GMT April 18, 2007 Reply   
Bodrum OEE 13:36 GMT April 18, 2007
=====
gbp.usd is in uptrend for midterm trading...it may reach 20200,
within the coming days , it is preferable to buy after each dip.

UK Alex 16:07 GMT April 18, 2007 Reply   
CAD has been gaining ground vs USD, but it is still about 3% away from its cyclical best of C$1.1000, says a report from Canada's National Bank Financial. The expected relative underperformance of the US vs other regions in '07 has set the stage for more USD softness and a faster appreciation of CAD than NBF had expected, it says. Even if CAD remains at current levels through the end of June, Canadian companies will face CAD's largest quarterly appreciation in about two years, NBF says. "Back then, some of this strength could at least be partially offset by a booming U.S. economy.
This will not be the case this time around with U.S. real GDP growth expected to hover at no more than 2% in H1 2007. Earnings of Canadian exporters (non-commodity in particular) are likely to disappoint in the coming months," it says.

USA Zeus 16:01 GMT April 18, 2007 Reply   
Dallas GEP 15:50 GMT April 18, 2007

GEP- Thx for your ideas. Buying USD's seems to have become a retired idea around here as well but will still try to see if I can outrun the weapons systems. LOL
Have also been short the USD vs GBP from just below the 1.96 handle but have been slicing out of most of that now. Also been trading yen pairs/crosses lower.

GT!

USA Zeus 15:52 GMT April 18, 2007 Reply   
Mtl JP 15:47 GMT April 18, 2007

Won't ignite in a puddle- hence the kompression
Thx for the heads up display for data tom.
cheers

Dallas GEP 15:50 GMT April 18, 2007 Reply   
Zeus, you may be surprised to learn that there are still some "RETIRED" SR71's that are still flying around. the MAIN reason they are not armed is that they fly faster than their weapon systems can.

From a currenct standpoint I will say that there is certainly less stress shorting the dollar than longing it especially when it comes to kIWI and OZ

Mtl JP 15:47 GMT April 18, 2007 Reply   
Zeus 15:32, so if it won't burn where there is oxygen (i.e at or near sea level) how do you get the puppy off the ground: like a kid running with a kite, hopefuly AGAINST the wind ?

kidding aside, dlrcad may become "sensitive" at some point about tom's 7am CPI release

Atlanta South 15:43 GMT April 18, 2007 Reply   
NYC ED
A very wise decision. I tp as well as my method is in flat mode
for the moment. Thats why I said 3600 had to break & hold as
support before more up to be seen. Hope you sliced out a few on the close. Keep an eye on $/CAD for an explosive
move. Flat for now for me & happy with the few pips gained.
Gt

USA Zeus 15:42 GMT April 18, 2007 Reply   
Positions in USD/CAD are like SR-71's. They leak fuel on the tarmac but once ballistic there is no equal....

USA Zeus 15:32 GMT April 18, 2007 Reply   
JP-7 fuel has a very high flashpoint (similar to USD/CAD). You can drop a lit match on it and it won't ignite- but it is needed to fly mach 4 at 85,000 feet like an SR-71

USA Zeus 15:26 GMT April 18, 2007 Reply   
Must be very patient with USD/CAD. Thus the building block apporach vs the hellfire scalps.

Como Perrie 15:10 GMT April 18, 2007 Reply   
am chasing manhattan

London NYAM 15:05 GMT April 18, 2007 Reply   
GBPJPY Taking the brunt of the moves now.
Signing off Gl everyone.

USA Zeus 15:05 GMT April 18, 2007 Reply   
USD/CAD about to leave the Kompressor for combustion.

Como Perrie 14:50 GMT April 18, 2007 Reply   
longing and stopreversing a 20 pips lower

hk ab 14:49 GMT April 18, 2007 Reply   
Alimin, PAR knows far better than I do.

Como Perrie 14:49 GMT April 18, 2007 Reply   
usdjpy key level here big big key level in the 20s

AZUSA 4x-ed 14:45 GMT April 18, 2007 Reply   
Mtl JP 14:38 GMT April 18, 2007 || I cannot claim the rights to the artwork, so use at own risk.

Makassar Alimin 14:42 GMT April 18, 2007 Reply   
hk ab 13:14 GMT April 18, 2007

ab, will you bet here today that BOJ Kampo will come to the rescue tomorrow?

Mtl JP 14:38 GMT April 18, 2007 Reply   
4x-ed - tnks, artistic talent extraordinaire; not seeing ©, maybe I ll make a t-shirt.

USA Zeus 14:36 GMT April 18, 2007 Reply   
LOL- That Professor is great isn't he??!!!
Ok- USD/CAD showdown time,

UK Alex 14:36 GMT April 18, 2007 Reply   
Looks like numbers are not bullish enough to prevent long liquidation.

AZUSA 4x-ed 14:34 GMT April 18, 2007 Reply   
Mtl JP 14:10 GMT April 18, 2007 || Although I am sure neither side is ready to capitulate, I have found the forum exchange friendly, informative, and above all professional. Thus, in order to honor this event, I would like to present a symbolic trophy. Congratulations...

houston st 14:31 GMT April 18, 2007 Reply   

weekly inventories:

crude -1.0
dist -0.8
unleaded -2.7

Como Perrie 14:28 GMT April 18, 2007 Reply   
doubt if eurjpy does not drop below 160.. so far closing will be important maybe

Como Perrie 14:26 GMT April 18, 2007 Reply   
dunno but am bit trading as the CTs style today...big suffering in the 20-30 pips in face I got..still have managed out, but bottom line is am trading the idea that eurusd has to cool down below the lower figure to normalize I gues

USA Zeus 14:22 GMT April 18, 2007 Reply   
Looks like Valero stock (VLO) wants to be the energy stock of the day to trade. T minus 8 mins...

Hong Kong Ahe 14:19 GMT April 18, 2007 Reply   
hk ab 14:05 GMT April 18, 2007, EY is a hedge currency from the weakness of USD and it also serves as Oil money. China Sinopec is reported that they may increases the Crude Oil imports of 14% this year. This has helped Crude Oil back to USD64 level. The profit taking by Carry Exit may be found hard support around 159.91 (last low point) or 158.60. Level guiding USDJPY 117.60. Carry will be resumed later.

madrid mm 14:17 GMT April 18, 2007 Reply   
../..
The number of owners making late payments on mortgages is at a four-year high and many borrowers are unable to refinance their debt because the value of their homes has stagnated or fallen. With the failure or sale of 50 subprime mortgage companies, which provide loans to people with poor or incomplete credit, there's also less money available for lending.
Click here

Mtl JP 14:10 GMT April 18, 2007 Reply   
SHOULD dlrcad close sub its t-line support, deep penetration bombs set for a resonable ±25 100 pip depth charge

USA Zeus 14:08 GMT April 18, 2007 Reply   
houston st 13:59 GMT April 18, 2007

Thx a lot st- The GV Resident Energy Master- Will be busy there on the complex as well Cheers!

USA Zeus 14:06 GMT April 18, 2007 Reply   
Atlanta South 13:34 GMT April 18, 2007
Hi South. Yes it seems the market is willing to test a bit more on backfills. GT!


CANBERRA JD 13:28 GMT April 18, 2007
Define blip trade zeus?

surge, swing, pop, spike, rally etc etc
GT!

hk ab 14:05 GMT April 18, 2007 Reply   
Ahe, do you see e/j can return to 150 line?

houston st 13:59 GMT April 18, 2007 Reply   
posted earlier on GVI:

houston st 11:33 GMT April 18, 2007

Weekly Petro Stat Estimates:

crude +0.5MB
dist -0.4
unleaded -2.1
ref runs +0.6%

I'm hearing gasoline imports are still playing catch-up, so we may see another bigger-then-expected draw this week....we'lll see....gl/gt.

hk ab 13:59 GMT April 18, 2007 Reply   
stick to the principle, avoid unlucky pair (yen)...

houston st 13:59 GMT April 18, 2007 Reply   

key upcoming dates in energy mkt:

Thursday Nat Gas Inventories
emiNY crude oil futures expiration

Friday full-contract crude oil futures expiration

Saturday Nigerian Presidential Election

April 25 emiNY nat gas futures expiration

April 26 full-contract nat gas futures expiration

April 30 Heating oil, RBOB gasoline and propane futures
expiration

hk ab 13:58 GMT April 18, 2007 Reply   
dlr/jpy breaks lower also mean the gold will take a recess.

hk ab 13:45 GMT April 18, 2007 Reply   
anyone have a "plausible" scenario for a s/t usd recovery? it's so hard to give usd a chance to rebound.

Dallas GEP 13:44 GMT April 18, 2007 Reply   
long NZD/USD again at 7420

UK Alex 13:42 GMT April 18, 2007 Reply   
Looks like we're seeing some option plays in the guise of general shilly-shallying today.

NYC Ed 13:41 GMT April 18, 2007 Reply   
Atlanta South ...cold feet got out at 1.3591, I am wait now for short side 1.380..gl gt

Lahore FM 13:38 GMT April 18, 2007 Reply   
square on usdcad 1.1310 area long earlier.have no intentions on the pair atm.

hk ab 13:36 GMT April 18, 2007 Reply   
yen crosses are trying to stablize the red hot dlr/jpy......

Bodrum OEE 13:36 GMT April 18, 2007 Reply   
Zeus

Thank you as always.

CT Cris.

Hello. Could you kindly share whether you have also a mid and long term bearish view of GBP/USD? Thank you. Good day

Budapest Z 13:24 GMT April 18, 2007

I would undersign your opinion.

The Netherlands Purk 13:35 GMT April 18, 2007 Reply   
Loonie: long orders will be again at 11230-40.... so take advantage of that. MIB might be moving it a bit...

Atlanta South 13:34 GMT April 18, 2007 Reply   
USA Zeus
It now seems you can add more blocks to the tower on $/CAD,
but for me I'm out of this pair on the + side for a change. Gt

Lahore FM 13:31 GMT April 18, 2007 Reply   
nice dip on eurusd to shake off eurgbp and eurnzd bear.

Plovdiv Gotin 13:30 GMT April 18, 2007 Reply   
Cable above 2.0059--->2.0099/107/125

CANBERRA JD 13:28 GMT April 18, 2007 Reply   
Define blip trade zeus?

Makassar Alimin 13:27 GMT April 18, 2007 Reply   
someone mentioned the possibility of China to revalue yuan, may I know when is this expected? is it today or tomorrow?

Atlanta South 13:26 GMT April 18, 2007 Reply   
NYC Ed
Long for maybe a quick slice. If 3600 can be broken & holds
as support then 3650 could be next. This is not advise, but
what I am doing. I'm long E/$ from 3559 & will tp if 3600
stops the move. Again, NOT ADVISE, but my method purely.

USA Zeus 13:26 GMT April 18, 2007 Reply   
Well Haapy Day, Busy Day!


Bodrum OEE- Mr Roboto thinned out on the trail at GBP/USD 2.0113 to 10% now

AZUSA 4x-ed 13:02 GMT April 18, 2007
Professor- Thanks for keeping it real! Another one that did not pass the smell test-

USA Zeus 03:01 GMT April 17, 2007
”Meanwhile AUD/USD smells like a sell on blip trade”


Some PEG orders hit on USD/CAD at 1.1325 and 1.1335 to thin a bit and take some cream off the top. Steady as she goes…B/E still 1.1291 and can add lower- much lower if needed to keep the tower straight and erect so it doesn’t flop over.

Budapest Z 13:24 GMT April 18, 2007 Reply   
i never understood the hostility on this side, I thought a differing view is valuable at least that is what I want around me a constant challange of my view and perhaps in the process realizing the missing links in my argument, conflict and arguments are essential for getting closer to the "solution". jusy my 2 cents

dc CB 13:17 GMT April 18, 2007 Reply   
The Daily
Wednesday, April 18, 2007
Canada's international transactions in securities
February 2007

Foreign investment in Canadian shares reaches a 10-month high

February saw non-residents invest $5.1 billion in Canadian stocks, the highest level since April 2006 and nearly half the total amount acquired in 2006.

Over 90% of February's investment was in outstanding shares totalling $4.7 billion. Shares of oil and gas extraction firms and mining firms topped the investment list.

CT Cris 13:16 GMT April 18, 2007 Reply   
sure..idiot support stupid.

CT Cris 13:16 GMT April 18, 2007 Reply   
sure..idiot support stupid.

The Netherlands Purk 13:15 GMT April 18, 2007 Reply   
Well donkey or not, this was not a loonie move, so back to the pattern. Tonight will be decided if the 11278 holds....

NYC Ed 13:14 GMT April 18, 2007 Reply   
Atlanta South...Now is the time for Long or Sell ???
Thanks

hk ab 13:14 GMT April 18, 2007 Reply   
PAR//where are you? the boj and KAMPO need youe help to lift this dlr/jpy up.....

Plovdiv Gotin 13:08 GMT April 18, 2007 Reply   
I mean sup.

Plovdiv Gotin 13:06 GMT April 18, 2007 Reply   
Nigeria Basorun 12:55 GMT April 18, 2007
2.0043 is res. targeting 2.0137.

AZUSA 4x-ed 13:02 GMT April 18, 2007 Reply   
I believe that call was made a while back using the Kubrick 2001x smell indicator:

USA Zeus 20:14 GMT April 17, 2007
Smell indicator says that GBP/USD 2.0 is quite likely to be tested as it is the perfect place to drop and stop shop.

CT Cris 12:58 GMT April 18, 2007 Reply   
gbp.usd
===sell now at 20060 tp 20020.
sell another if rise more.

Atlanta South 12:55 GMT April 18, 2007 Reply   
NYC Ed
Now is about the time. Several tf's are viewed for my method
with Hrly being one of those. gt

Dallas GEP 12:55 GMT April 18, 2007 Reply   
Well assuming this move was yen cross related, I think we could expect some more dollar sellers to come back into the market

Nigeria Basorun 12:55 GMT April 18, 2007 Reply   
Plovdiv plz can you explain your last post better am on cable

hk ab 12:50 GMT April 18, 2007 Reply   
dlr/cad 1.1330 hit.......short from there.

NYC Ed 12:49 GMT April 18, 2007 Reply   
Auckland trotter.. I took profit short last nite, but I see some up trend on the hourly, for at least 3590 ish, or until the NY market opens...YOU??

Plovdiv Gotin 12:48 GMT April 18, 2007 Reply   
Cable above 2.0043-->2.0137 again.

Auckland trotter 12:48 GMT April 18, 2007 Reply   
Profit taken on the EUR/USD.

Now the question at this time of the market, do we see some up - which has appeared to be the current trend.

The price is hitting the bottom up trend line on the 4 hour 20 day chart around 1.3561 which is the daily pivot.

NYC Ed 12:47 GMT April 18, 2007 Reply   
Atlanta South... thanks, I base it on the hourly, and YOU???

Sofia Kaprikorn 12:44 GMT April 18, 2007 Reply   
Hong Kong Ahe 12:37 //
hi again - haven't sen you post for a long time..
I followed your advice and been digging into BB, SAR and Envelopes - not that I have come up with a system but tnx for your suggestions back then..

Bahrain Bahrain1 12:37 GMT April 18, 2007 Reply   
Euro stops below 50..... take care guys.

Hong Kong Ahe 12:37 GMT April 18, 2007 Reply   
Carry Exits, Becareful.

Atlanta South 12:36 GMT April 18, 2007 Reply   
NYC Ed
Ref 12:31/I would hold that idea for the moment.

Auckland peat 12:34 GMT April 18, 2007 Reply   
others views on Aud/NZD here... ?

NYC Ed 12:31 GMT April 18, 2007 Reply   
any thoughts out there about getting bold and going LONG eur/usd for about 20 pips to 1.3590...gl gt

London NYAM 12:30 GMT April 18, 2007 Reply   
Closed out short at 2.0045

Bahrain Bahrain1 12:29 GMT April 18, 2007 Reply   
Eastern Europeans were selling all crosses against yen.....wow not again.

CANBERRA JD 12:29 GMT April 18, 2007 Reply   
Wow, I just finished my hedging program, and noticed all my gains.. I have to congratulate myself on the top call on a/u.

GVI john 12:24 GMT April 18, 2007 Reply   
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EUR/CHF AUD/USD GBP/JPY GBP/CHF USD/CAD CHF/JPY

Access accurate and free GVI


	EUR/USD	USD/JPY	USD/CHF	GBP/USD	USD/CAD	EUR/GBP	EUR/JPY
1900GMT	1.3564	119.93	1.2089	2.0060	1.1298	0.8362	161.32
High	1.3595	119.82	1.2151	2.0075	1.1343	0.8385	162.17
Low	1.3525	118.82	1.2064	1.9883	1.1289	0.8316	161.22
04/17/2007							
Simple mva	basis =>	04/17/2007					
5 day 	1.3510	119.45	1.2147	1.9871	1.1348	0.8309	161.11
10 day	1.3450	119.24	1.2175	1.9780	1.1433	0.8251	160.23
20 day 	1.3394	118.57	1.2166	1.9727	1.1507	0.8170	158.75
50 day 	1.3250	118.70	1.2238	1.9577	1.1630	0.7977	157.25
100 day	1.3164	118.92	1.2264	1.9593	1.1647	0.7905	156.53
200 day	1.2957	118.01	1.2344	1.9229	1.1454	0.7756	152.93

GVI john 12:23 GMT April 18, 2007 Reply   
GVI Calendar of selected key economic data, central bank meetings, etc....

Dallas GEP 12:19 GMT April 18, 2007 Reply   
closed eur/gbp longs

The Netherlands Purk 12:16 GMT April 18, 2007 Reply   
Yes MMM, but do not forget to take profit, otherwise that VODKA grin will be wiped off your face and replaced by poverty grin...
PLOL

moscow mike 12:10 GMT April 18, 2007 Reply   
The Netherlands Purk 11:59 GMT April 18, 2007
------------
Yes Purk, E/J shorts taken yesterday at 162 smell even better now. Even on my super micro tiny account.
LOL.

The Netherlands Purk 11:59 GMT April 18, 2007 Reply   
Loonie: if we go through the 11320 again, it might get interesting for those who longed at 11280...
E/J gets his show now: 16018 broken and we get 15980.

Auckland trotter 11:53 GMT April 18, 2007 Reply   
Looking at short term trading for the EUR/USD I have the lower upper trend line on the 1 hour 5 day chart around 13590. If this is broken then I see more down. If not then I see up for now from this.

Auckland trotter 11:53 GMT April 18, 2007 Reply   
Looking at short term trading for the EUR/USD I have the lower upper trend line on the 1 hour 5 day chart around 13590. If this is broken then I see more down. If not then I see up for now from this.

Auckland trotter 11:45 GMT April 18, 2007 Reply   
Selling the EUR/USD from the R1 weekly pivot at 1.3607 and looking at pressure to the daily pivot at 1.3561.

RSI are over bought on several time charts, and they are in need of correction.

Pips where pips are for now. Bouncing trendlines - the lower and upper.

Sofia Kaprikorn 11:44 GMT April 18, 2007 Reply   
London NYAM 10:58 //
hi, excuse me for the question as I'm not much into EW - however would you agree that EURUSD & GBPUSD on 2 hour -
have completed a typical 5 wave impulse move from April 9-10... with the 5-th wave a bit extended especially in GBP?

Sofia Kaprikorn 11:34 GMT April 18, 2007 Reply   
just did from hotmail
really don't have idea what might have caused those problems you've mentioned..
Gl and GT!

Sofia Kaprikorn 11:31 GMT April 18, 2007 Reply   
Auckland trotter //
hi - I have sent you e-mail yesterday from a gmail..
here is safe - I will send a mail from other account
sorry to hear you have these hurdle there!

Auckland trotter 11:27 GMT April 18, 2007 Reply   
Sofia Kaprikorn
I am have problems sending you an e-mail as my posts are being returned.

Do you have a virus? I have had some major computer problems since your e-mail. Sorting them out, and when I do will send you the promised pivot calculator.

Maybe send me a new e-mail now I have sorted a few things out to be able to trade for now.

Apologise to the forum for a personal message.

London NYAM 10:58 GMT April 18, 2007 Reply   
Looks like we are going for another push higher on the minute scale GBP risk to 2.0160-2.0180 if last high breaks

Atlanta South 10:35 GMT April 18, 2007 Reply   
Sofia Kaprikorn
Your most welcome & glad to be of help.

Sofia Kaprikorn 10:32 GMT April 18, 2007 Reply   
Atlanta - tnx a lot - saw it and will use it in future - looks very handy!

Atlanta South 10:29 GMT April 18, 2007 Reply   
Sofia Kaprikorn
Did the info I posted for you in the help forum help?

Plovdiv Gotin 10:29 GMT April 18, 2007 Reply   
The last one.

CT Cris 10:27 GMT April 18, 2007 Reply   
austin gw 10:14 GMT April 18, 2007
nice trade Cris. just thought I'd say that 'cause you seemed a little down :)

===yes Austin..I am a little down ...cause I feel that we are in a cirucus , and there are too much donkies and dogs on it.

Sofia Kaprikorn 10:26 GMT April 18, 2007 Reply   
sorry - prosto se chudeh dali imash predvid figure kato graphic figures (patterns) ili kato chisla.

Plovdiv Gotin 10:18 GMT April 18, 2007 Reply   
Sofia Kaprikorn 10:14 GMT April 18, 2007
I said the figures not pivot points. Find these fugures and they will explain U.

New Brighton gvm 10:17 GMT April 18, 2007 Reply   
guess the dollar bear has trampled 'van gecko' - very quiet April for that dutch rodent

Atlanta South 10:16 GMT April 18, 2007 Reply   
I see over night E/$ did break the 3600 zone & fell in the middle of the 3605-25 zone as I stated last evening. It seems
it might unwind a bit before forging ahead. If it does pullback
somewhat I'm thinking of taking a small position as 3650-60
zone could be up next.

DR. Q...Tks for you valued insight into the markets as they are
always valued by this trader. It seems you are now the target
of those that are having account troubles. I remember our friend MARTIN was a previous target. Gt

Plovdiv Gotin 10:15 GMT April 18, 2007 Reply   
About the Cable:If 2.0099/105 hold we cud see 2.0150/175/205 today. If not-->1.9970/50. GL.

austin gw 10:14 GMT April 18, 2007 Reply   
nice trade Cris. just thought I'd say that 'cause you seemed a little down :)

Sofia Kaprikorn 10:14 GMT April 18, 2007 Reply   
sorry Gotin - maybe it is simple - it just slips out of my sight..
is it some kind of pivot points you use?

Como Perrie 10:13 GMT April 18, 2007 Reply   
Spotforex NY 08:19 GMT April 18, 2007

Tks
Most interesting post to me today this one. So far that gvi apparently does not work, but seen then It in the charts and news around some.

CT Cris 10:08 GMT April 18, 2007 Reply   
CT Cris 12:34 GMT April 17, 2007
gbp.usd ...
if breaks 20060 it will reach 20100
======
you forgot to say ..same as I said.

Plovdiv Gotin 10:07 GMT April 18, 2007 Reply   
Look at the figures. They explain everything.

Sofia Kaprikorn 10:03 GMT April 18, 2007 Reply   
Plovdiv Gotin 09:56 //
hi - excuse me for asking - how you find the quoted barriers?

Plovdiv Gotin 09:56 GMT April 18, 2007 Reply   
Next barriers in front of 1.3665 are:1.3634/45/59. Above 1.3665-->1.3687/96...1.3701/06/15

Plovdiv Gotin 09:53 GMT April 18, 2007 Reply   
About E/$: 1.3617 is barrier in front of 1.3665. Signs of weaknes are 1.3611/06/01 and 1.3596/cud lead to 1.4100/. If 1.3606 act like Res. we cud see 1.3515 today.GT.

EU theEUROqueen 09:50 GMT April 18, 2007 Reply   
it will be a very nice day if we will take out the 1,367..

Syd 09:46 GMT April 18, 2007 Reply   
LONDON (Dow Jones)--Banks, property companies and homebuilders extended declines on Wednesday as the pound continued to strengthen against the dollar. The move above $2 has raised the risk that the Bank of England will increase interest rates, which traditionally pressures companies exposed to consumer debt, such as banks and home builders.

"The risks toward our view that U.K. policy rates would stay on hold through the rest of this year have been challenged by yesterday's strong U.K. inflation data," said economists at UBS.

Parisj Van Java Kwang 09:39 GMT April 18, 2007 Reply   
Jerusalem- ML
How about 1.3660? are realistic target for today.
The Cable I still the same to correction, but I've target around 2.0220? are you comment? thanks

Plovdiv Gotin 09:32 GMT April 18, 2007 Reply   
1.3617

austin gw 09:29 GMT April 18, 2007 Reply   
thank you FM. doing fine here. trust you are well also. :)

Bahrain Bahrain1 09:29 GMT April 18, 2007 Reply   
euro high at 1.3617.

Lahore FM 09:28 GMT April 18, 2007 Reply   
austin gw 09:25 GMT April 18, 2007
GW,hope you are very well.i have have 1.3115 as high for eurusd.

Jerusalem ML 09:27 GMT April 18, 2007 Reply   
i still believe correction likely or today or tomorr
1.36 great entry for shorts
sterling to go below 2 on a correction move this week

good luck

Plovdiv Gotin 09:26 GMT April 18, 2007 Reply   
161.64

austin gw 09:25 GMT April 18, 2007 Reply   
could someone please post the high for eur/usd - thank you

London NYAM 09:25 GMT April 18, 2007 Reply   
Short GBP 2.0114 Series of wave fives completed on 4hr scale minor and major.

Dallas GEP 09:18 GMT April 18, 2007 Reply   
Closed eur/chf shorts from 1.6420 HERE

Lahore FM 09:16 GMT April 18, 2007 Reply   
Dr Q,if you wil plz speak about euro's momentum and possible short term targets and reasonable stop loss area for the buy side.Many thanx.your input is greatly valued at all times.

Mumbai NS 09:11 GMT April 18, 2007 Reply   
Dr Q gud day Sir if it's ok culd i have ur post on cbl.Ur posts are one of the few treasures on this forum.

Lahore FM 09:09 GMT April 18, 2007 Reply   
closed small portions from 13567 at 1.3594 and 1.3608.

hk ab 09:09 GMT April 18, 2007 Reply   
limit dlr/cad short 1.1330.
gbp played as schedule.
now seems we need to wait for the first 1000 pips made first on the pair from 1.9500 before stopping this bull.

Dallas GEP 09:01 GMT April 18, 2007 Reply   
took profit @ 1.3613 on euro longs

Mumbai NS 08:58 GMT April 18, 2007 Reply   
When trading in monthly decade highs n trying to swim against the tide a very big s/l is required imho glgt

Kaunas DP 08:52 GMT April 18, 2007 Reply   
shorted GBP/USD 2.0121 SL 2.0145 TP +300pips

NYC beyond_destiny 08:41 GMT April 18, 2007 Reply   
add swissie to ave @ 1.21...will add more @ 1.2015 if seen

S/L below 1.197

Lahore FM 08:31 GMT April 18, 2007 Reply   
7-2

The Netherlands Purk 08:31 GMT April 18, 2007 Reply   
Another question for the day is, keeping timimg in mind: can we do the swissy trick again? Last two times ( i missed the one at 12070) where 12087-90 and 12065-70.
So err today would be somewhere around 12020, but again it depends on clock time. Reading a lot about time lately, it seems that it does not exists....

Mumbai Jai 08:26 GMT April 18, 2007 Reply   
Hi all...As Dollar nears its multi-year lows, lot of bad news are likely to pour out and easily available. Take care

Syd 08:26 GMT April 18, 2007 Reply   
With UK inflation moving through its target Tuesday and the pound nudging $2.01, UBS concedes that "looking ahead, there are upside risks to the UBS view for policy rates to remain on hold". Bank says it sees upside for GBP vs CHF, JPY and EUR

Jerusalem ML 08:20 GMT April 18, 2007 Reply   
1.36 seems invincible for now
risk to 1.35 in the next few days
Biggest risk to the downside is sterling , look for 1.99 again
soon

good luck ...
p.s. Indeed im short Euro against all crosses incl yen

Spotforex NY 08:19 GMT April 18, 2007 Reply   
I would suggest a look at GVI for additional insight on FX, etc

Spotforex NY 07:46 GMT April 18, 2007
rumor of more US subprime woes making the European rounds...nothing specific...but looking for an excuse as to why the Bunds and Gilts futures ticked higher

AZUSA 4x-ed 08:17 GMT April 18, 2007 Reply   
The Netherlands Purk 07:52 GMT April 18, 2007 || Sorry Purk, I'm not the one to endorse gun control as I am a member of the NRA among a few other hunting clubs/organizations. There's sufficient material on some of the websites to make a scholarly case about gun legislation and constitutional rights, so I will not even attempt to go there.

The Netherlands Purk 08:14 GMT April 18, 2007 Reply   
waiting to short e/u intraday, rangeplaying. targets 20 pips each. I will take them at ralleys and close them on dips. At the end of the day i will take another one. It depends on the length of the range....
e/j : not in play right now, it is dollar day again. That changes when we can pass 16080 or 16244...

nyc joey 08:13 GMT April 18, 2007 Reply   
i'm trading usdjpy

Spotforex NY 08:06 GMT April 18, 2007 Reply   
Florida Crom 07:57

Shanghai BC is also a well respected institutional name in this business.

Believe it or not htis website gets some of the best fund managers and banks on its site.

Lahore FM 08:04 GMT April 18, 2007 Reply   
Crom just as Flip suggested,discretion is the better part of valour.if you don't want to read something in a forum which is public just skip.and a break from trading might do you good.

nyc joey 08:04 GMT April 18, 2007 Reply   
gm everyone

Nigeria Basorun 08:00 GMT April 18, 2007 Reply   
is the divergence on cable 15mins and 1 hour for real it's a big one but i think the bullish pressure is still high and it;s a negative divergence can anyone check it out

Syd 07:59 GMT April 18, 2007 Reply   
China Govt Bonds End Down On Rate Hike Concerns
China government bond index ends down at 111.20 vs 111.49 previous close, amid concerns over rate hike, which might come as soon as tomorrow after China releases 1Q GDP, CPI data, says trader at Beijing-based fund

Florida Crom 07:57 GMT April 18, 2007 Reply   
shanghai bc 07:51 GMT April 18, 2007
Florida Crom 07:40 GMT April 18, 2007


Another one...... :( But that one is a member of a team.

Como Perrie 07:55 GMT April 18, 2007 Reply   
No problem with Qindex posting myself as for other consultants.
Just of note is that system is bit old as a concept, but still as most things works and not works. So do not look for holy grail from consultants or systems.

Even the best consultant around, aka Gartman is wrong at least coupla times a week. The difference that makes him the best is that he admits when he was wrong.

have a good day

Florida Crom 07:54 GMT April 18, 2007 Reply   
AZUSA 4x-ed 07:48 GMT April 18, 2007
Not sure what it is about these days

You may blame it on full moon, on russians, chineze on just fl crom from fx, but it wont save us from another such event. Why? Because your first responce to my "bashing" was a RIFLE. Just immagine what your kid would do if he heard that and had that rifle. Its not Days - Its US

The Netherlands Purk 07:52 GMT April 18, 2007 Reply   
Well AZUSA, it is people having a gun. And by the looks of it some people here have them want them, and ready to use them. Sad indeed.

shanghai bc 07:51 GMT April 18, 2007 Reply   
Florida Crom 07:40 GMT April 18, 2007

If you do not like someone's post,you do not have to make a scene out of it..If you want to be respected even for your not very accurate calls,then,you should respect others as well..It is at best impolite to behave like yourself in public..I am sure not many here were in forex market when Qindex was the highest paid analyst in interbank market..

AZUSA 4x-ed 07:48 GMT April 18, 2007 Reply   
Not sure what it is about these days that make people snap (perhaps full moon)? Just one day after the Virginia Tech shooting, there's another similar incident at a small college near my community. Strange times indeed!

Gen dk 07:48 GMT April 18, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Norfolk steamer 07:47 GMT April 18, 2007 Reply   
Anyone having problems with censored?

Nigeria Basorun 07:46 GMT April 18, 2007 Reply   
is this a yabber chat or a forex forum? it sems all have made money for the year already please lets get serious this is bizness it is war leave sidee distractions

Dublin Flip 07:46 GMT April 18, 2007 Reply   
Crom like every community, people might not agree with others opinions (and trading strategies) but it's fairly fundamental tenet to show each other respect.
Discretion being the better part of valour (as it is the case in trading life frm time to time) maybe it's time for little tactical retreat.

Florida Crom 07:40 GMT April 18, 2007 Reply   
"learned that someone waving a gun must be faced with a rifle in return"

Where did you learn it? In Afghanistan? I dont think so. Keep loosing your daddys mooney, dude. LOL "Dr" Q wont save you.
This market like a censored. "NO Hope, No Trust, No Ask"

Nigeria Basorun 07:37 GMT April 18, 2007 Reply   
can anybocy a big divergence on cable 15min and 1hr do you think the divergence will work

Florida Crom 07:35 GMT April 18, 2007 Reply   
... I hope Qindex's answer will be to post more frequently for the benefit of all ...

Oh I see ... you are not in his team. You just hope for "almost" free advise cuz you cant make money by yourself. Just because you are a butt picker. Sad, verry sad.

madrid mm 07:35 GMT April 18, 2007 Reply   
there is a new glossy business-finance magazine on the racks, called Portfolio FWIW. www.portfolio.com. there is an article about Citadel and a piece by TOm Wolfe on hedge funds....In order to relax this room a bit 8-)

The Netherlands Purk 07:33 GMT April 18, 2007 Reply   
Loonies pattern is still the same. Seeking some lows, nextdoor neighbour waits for exhaustion, he buys, he gets exhausted, they sell and on and on. As expected the buying took place between 11270 and 80. Bit bored and predictable. So after this we can expect the unexpected. There are various scenarios, but there isnt one that we can pick. Just that 11315 of today as high to take out, than 11330 and finally the 11365.
BUT there is that pattern, and pattern tells us 11230-40 we should meet. So take your pick because it may be worth while to long at those levels for 11270-95.

Bodrum OEE 07:28 GMT April 18, 2007 Reply   
AZUSA 4x-ed 07:18 GMT April 18, 2007

Shared. Thank you.

St. Annaland Bob 07:27 GMT April 18, 2007 Reply   
true, I lost my temper because that thing called "Florida Crom" attacked Qindex as person ... learned that someone waving a gun must be faced with a rifle in return, that's what I did ... above that, Qindex does not deserve in any way from anyone such an assault ... I hope Qindex's answer will be to post more frequently for the benefit of all ... allowing such an attack on Qindex makes all of us passive supporters of Florida Crom and his kind, and that's wrong!

AZUSA 4x-ed 07:18 GMT April 18, 2007 Reply   
Bodrum OEE 07:04 GMT April 18, 2007 || Likewise, thank you for your kindness. I most certainly take responsibility for my actions and my posts, and on certain occasions I try to lighten up the mood among those who I consider friends and good hearted people. I hope the actions of these “passer-by crumbs” are in no way reflecting on the un-initiated what the rest of us bring to this forum.

Florida Crom 07:14 GMT April 18, 2007 Reply   
melbourne saint 07:05 GMT April 18, 2007


If you stil remember that one, then now Gold is abt to correct hard. Around 700 is a top

Parisj Van Java Kwang 07:11 GMT April 18, 2007 Reply   
Gilang.
How about $ hour MACD it's confirm ?or not yet?

Spotforex NY 07:06 GMT April 18, 2007 Reply   
Would never call Qindex a scam by any means. Qindex is a proven systematic approach to trading which many are willing to pay for. He is consistent in his views and methodology. There are good trades and bad. It is all about providing a consistent method.

GVI is very careful in letting one to offer services of any kind in here.

No problem with Qindex offering his services on this forum. Again as with any service, it is the final say of the trader to postion themself in any position.

melbourne saint 07:05 GMT April 18, 2007 Reply   
florida Crom 00:57 GMT July 21, 2006
hong kong aussie 00:52 GMT July 21, 2006
buying gold now with my ears pinned back.


Well you will need to pinn and poke and cut every part of your body for the next 4 months. Because its going nowhere now and then.


Mate your a classic don't ever leave
Dr Q you Rock

Bodrum OEE 07:04 GMT April 18, 2007 Reply   
AZUSA 4x-ed 06:40 GMT April 18, 2007

I was to leave when I saw your post.

When and if one has virility issues of any nature what can follow is assaults revealing attacker characteristics:

-drawn resemblences between falling prices and a leaning pisa tower

-experience on men and girly ones

-assault on race and ethnics using names or symbols

These are not cases you or decent anyone should mind but forum facilitators.

Thank you for your kind message.

Florida Crom 07:03 GMT April 18, 2007 Reply   
Illinois Mike Pinion 06:59 GMT April 18, 2007
Florida Crumb 06:40 GMT

Oops, I see it now. "Dr' Q team is not only bad mouthers, but butt pickers too. Goood community :))

Alaska Moon 07:03 GMT April 18, 2007 Reply   
Good point.......
Winners are easy going and laugh a lot...
Losers are "grouchy"

Parisj Van Java Kwang 07:02 GMT April 18, 2007 Reply   
Betrant where are u?
I think the Cable continous to upward to wave 3 around 2.0777.

Denot.
How about Euro?1.3660 it's realistic?
GLGT

Dublin Flip 07:01 GMT April 18, 2007 Reply   
If one doesn't value a post, one is free not to read it.
If one doesn't value the forum, one is free to leave it.
People are responsible for their own trading decisions and are only in competeition with themselves. If you losing money you should learn something from it.

Chill out

Florida Crom 07:00 GMT April 18, 2007 Reply   
Spotforex NY 06:55 GMT April 18, 2007
Florida Crom 06:25

Re: Qindex


Thats what I'm talking abt !!!!. But if you or me are trying to charge each other for that, its called scam!!!. Even if its friendly, or "half" free.

Illinois Mike Pinion 06:59 GMT April 18, 2007 Reply   
Florida Crumb 06:40 GMT Q is offering a trading tool, not a Lagos get-rich quick scam. If you have a problem differentiating the two, may I offer you a free colonic infusion, which is world famous, and guaranteed to cure a multitude of ills.

Spotforex NY 06:55 GMT April 18, 2007 Reply   
Florida Crom 06:25

Re: Qindex

A very respected name in the institutional market. Humble in his accomplishments and generous in his views.

This forum is all about exchanging views and ideas. Qindex provides necessary insight from a technical, systematic approach.

If you do not appreciate his input, kindly disregard them.

Florida Crom 06:55 GMT April 18, 2007 Reply   
Alaska Moon 06:50 GMT April 18, 2007
Calling nurse Ratchet.....Please hurry with the medication !!!!
PS.... I learned this from Miami OMIL... LOL

So who is dead? M.O., "Dr' Q yourself or respect for others. And why you need medications when all is dead?

warsaw TOMi 06:52 GMT April 18, 2007 Reply   
looks like nervousness is growing up within the market participants, may be a sign of some reversals soon.

Alaska Moon 06:50 GMT April 18, 2007 Reply   
Calling nurse Ratchet.....Please hurry with the medication !!!!
PS.... I learned this from Miami OMIL... LOL

Como Perrie 06:48 GMT April 18, 2007 Reply   

Follow the three Rs: Respect for self, Respect for others, Responsibility for all your actions.

Florida Crom 06:43 GMT April 18, 2007 Reply   
AZUSA 4x-ed 06:40 GMT April 18, 2007
Florida Crom 06:36 GMT April 18, 2007 || Wishing for all of us

What country you are from? Vatican?

Florida Crom 06:40 GMT April 18, 2007 Reply   
St. Annaland Bob 06:38 GMT April 18, 2007
Florida Crom 06:36 GMT April 18, 2007

go and f*ck a plastic made goat ... stay away from Qindex, you piece of nothing!

Yo........ Thats real language "Dr" Q and you are using. I see where your experience is :)))

AZUSA 4x-ed 06:40 GMT April 18, 2007 Reply   
Florida Crom 06:36 GMT April 18, 2007 || Wishing for all of us to be wiser, more perceptive, less ignorant or arogant, regardless of religion, color, or creed!

USA Zeus 06:38 GMT April 18, 2007 Reply   
Went ahead and sliced some USD/CAD's off at 1.1295 so if there is an ultimate divebomb lower can now triple there instead of double. Cost remains 1.1291- tchau for now. -Z-

St. Annaland Bob 06:38 GMT April 18, 2007 Reply   
Florida Crom 06:36 GMT April 18, 2007

go and f*ck a plastic made goat ... stay away from Qindex, you piece of nothing!

Florida Crom 06:36 GMT April 18, 2007 Reply   
St. Annaland Bob 06:33 GMT April 18, 2007
Florida Crom 06:25 GMT April 18, 2007

may pain will be the only you know!

Thanx dude.

"Never wish to others what you dont want for yourself"

So it all yours... LOL

Bodrum OEE 06:35 GMT April 18, 2007 Reply   
Zeus, thanks and good day to you and all here. I leave now.

Como Perrie 06:34 GMT April 18, 2007 Reply   
Watch out MPC minutes later on. Last time market has been trapped onto dowish expectation, and most got stopped out onto the more hawkish vote.

Today we are more bullish in general, but you never know ...caution is suggested...8.30 gmt

Bodrum OEE 06:34 GMT April 18, 2007 Reply   
Qindex

Sir, the value of your input is recognized, needless to say. Good day to you.

St. Annaland Bob 06:33 GMT April 18, 2007 Reply   
Florida Crom 06:25 GMT April 18, 2007

may pain will be the only you know!

madrid mm 06:33 GMT April 18, 2007 Reply   
Big cities pack a punch equal to some national economies.

BETTING on currencies may have helped George Soros get rich, but for most people it is a mug's game. Forecasters often get the direction of foreign-exchange movements wrong, never mind their magnitude.Soros on the cheap

USA Zeus 06:32 GMT April 18, 2007 Reply   
Bodrum OEE- Will be off for a bit and will let Mr roboto handle this reduction from 30% to 10% on the GBP/USD surge with a tight trailer. Can report later where we stand.
Happy Trades!

USA Zeus 06:26 GMT April 18, 2007 Reply   
Well if the weekly "shake-in, shake-out" theme comes true a nice balance point would be in the middle of the week.

Florida Crom 06:25 GMT April 18, 2007 Reply   
Melbourne Qindex 06:13 GMT April 18, 2007
EUR/JPY (Monthly Cycle) : ...


Arent you tired allready?? with your "distribution profile" you should have made bios in 13 years by now. Why bother and try to rip us off with your "almost free" services?? LOL

Melbourne Qindex 06:13 GMT April 18, 2007 Reply   
EUR/JPY (Monthly Cycle) : ... The normal monthly cycle upper limit is defined at 162.65. As shown in the projected series the market is retreating from the recent high of 162.43 and it is now tackling the barrier at 160.59 // 161.36. The distribution profile of my monthly cycle probability chart indicates that the market has a tendency to trade between 158.53 - 162.65. Speculative selling pressure will increase if the market can penetrate through 158.53.

Syd 06:12 GMT April 18, 2007 Reply   
Traders in Tokyo very dubious of rumors out of Singapore earlier in day that BOJ could be set to hike rates in June; may have helped JPY along a bit this morning and led to some JGB selling but impact marginal at best and anyway USD/JPY seems to have bottomed out a bit, last near 118.74. Several traders say vague rumors out of Singapore were along lines that BOJ June rate hike was likely, but they agree this is most probably position talk; virtually no one expects a rate hike that soon, especially given upcoming Japan elections, with most bets centering on 3Q move at earliest. Rumors have cited various reasons for June rate hike talk - including report from Medley Global Advisors. Note Fukui last spoke yesterday where he said tighter employment market could lead to higher wages as companies compete for labor but added "we can keep very low interest rates for a while.

madrid mm 06:11 GMT April 18, 2007 Reply   
Syd 06:07 GMT April 18, 2007

be afraid , be very afraid LOL 8-)

Melbourne Qindex 06:10 GMT April 18, 2007 Reply   
EUR/JPY (Monthly Cycle) : ... The normal monthly cycle upper limit is defined at 162.65. As shown in the projected series the market is retreating from the recent high of 162.43 and it is now tackling the barrier at 160.59 // 161.36. Speculative selling pressure will increase if the market can penetrate through 158.53.

Dallas GEP 06:09 GMT April 18, 2007 Reply   
Wouldn't be surprised if we are having some defense of the 1.36 line by large option players. Anyone have any concrete info on this????

Syd 06:07 GMT April 18, 2007 Reply   
Madrid mm
Now that would upset the apple cart

Rumours of a 25bps BoJ OCR rate hike to 0.75% in May making rounds, and seen putting pressure on JGBs

Syd 06:05 GMT April 18, 2007 Reply   
shanghai bc 06:01 like that :-))

shanghai bc 06:01 GMT April 18, 2007 Reply   
Syd 05:43 GMT April 18, 2007

Freuadian slip from a fearless leader..

"If this were a dictatorship, it would be a heck of a lot easier, just so long as I'm the dictator,".. GWB,Nov.18 2000..

madrid mm 05:56 GMT April 18, 2007 Reply   
Highlights

ECB President Jean-Claude Trichet says financial integration has helped the Euro zone deal with asymmetric economic shocks and smooth transmission of monetary policy. Integration is important to stimulate European growth. Investors are increasingly diversifying portfolios across Euro area.

Trichet says cross border M+A activity are increasing in the Euro Area. Euro zone aims to be an open financial entity and not a "euro fortress."

Rumours of a 25bps BoJ OCR rate hike to 0.75% in May making rounds, and seen putting pressure on JGBs. (Most happen hike only after July Upper House elections)

NZ Q1 CPI +0.5%q/q, a touch lower than market expectation of +0.6%. NZ Q1 CPI came in +2.5%y/y, versus market exp of +2.6%y/y. The Weighted median CPI came in +3.7%y/y, up from Dec 3.3%y/y.

Nikkei: With BoJ Governor Toshihiko Fukui's term expiring next March, the selection of his successor has already become a matter of strong interest to both ruling and opposition parties. Heizo Takenaka, who spearheaded postal and other structural reforms under the Koizumi government, has been rumored to be a candidate. He won an upper house seat under the LDP banner in 2004. Despite stepping down last year, he remains close to LDP Sec-Gen Hidenao Nakagawa.

UK Independent : says UK Chancellor Gordon Brown says he will serve as PM for a maximum of 7 years if chosen to succeed PM Tony Blair, according to unidentified close friend.

Australia Westpac-MI April Consumer confidence -0.2% to 115.3.

Venezuela Oil Min says OPEC should remain vigilant to enforce quotas. Sees extraordinary OPEC meet as possibility. - Reuters.

Another Choppy days, with Kiwi "I can Fly", flying to its post 1985 March Float highs of 0.7493, above March 2005 peak of 0.7465 after closer examination of CPI data backed calls for RBNZ to hike by another 25bps to 7.75% on April 26. This was after the initial dip to 0.7418 after the lower 0.5% vs 0.6% expected data.

NZD/JPY rose to fresh 17 year highs 88.93, while AUD/NZD reversed gains to dip below 1.1900 again after initially rising to 1.1970 on the "lower 0.5%" CPI, before selling pushed it back down.

GBP another big mover after yesterday 3.1% CPI, and having broken the key 2.0000 barriers yesterday, to fresh 15yr 8 mth highs of 2.0089, and looking to break key 2.0100 handle, which will see it at its highest in 26-years since June 1986 when PM Margaret Thatcher was still residing in 10 Downing St. Focus on BoE Minutes, though for more for info after yesterday CPI, which is seen "confirming" a May 10 Repo Rate hike to 5.50% and possibly more to go.

Talks of Russian/ East Europeans selling GBP/JPY, but hearing Japanese, China accounts buying USD/JPY on dips at 119.53, and EUR/JPY dips of 161. Though USD/JPY EUR/JPY weighed by rumours of BoJ rate hikes in May and talks of multi-billion Eurozone coupons now and in coming sessions, especially April 25.Eur at 28-month highs of 1.3595 eye 1.36 options, expiry NY, stoploss above.

AUD remains bid, after hitting 17yr highs 0.8386 yest, though coming off on Japanese securities houses, brokerages selling at highs. SEK to rise on likely hawkish Riksbank Oberg speech.

Nikkei +164pts or 0.94% at 17,691, while JGBs lower on BoJ May hike rumours. 10-year yield +0.015% at 2-m hi 1.705%.

Asian FX range: USD/JPY 118.53/119.02, EUR/USD 1.3567/1.3596, GBP/USD 2.0063/2.0095, USD/CHF 1.2061/1.2089, AUD/USD 0.8357/0.8374, NZD/USD 0.7418/0.7493.

AZUSA 4x-ed 05:52 GMT April 18, 2007 Reply   
The Netherlands Purk 05:47 GMT April 18, 2007 || Nicely put... for now I seem to eat my words while others seem to be working on their tower erection (that didn't sound right, did it ;-)

KL KL 05:52 GMT April 18, 2007 Reply   
ok in short gbpusd 2.0090 sl 2.01...lets see

USA Zeus 05:49 GMT April 18, 2007 Reply   
Bodrum OEE 05:17 GMT April 18, 2007
Perth Randall El 05:16 GMT April 18, 2007
yw- Happy Trades!


New USD/CAD cost = 1.1291 (old was 1.1352).
Have 1 double down to go then a stop. However, may thin out of some size if it surges past b/e to keep the tower straight.



censored

The Netherlands Purk 05:47 GMT April 18, 2007 Reply   
Well i saw some longing at exactly 11278 in the loon there. Dont think it will hold, but if it does than we will see 11350 today. If not we just continuing the shorting till 11230. Remember every zone has its bounce. Dont try to pick the bottom, pips will get in the pocket if you are not greedy..

madrid mm 05:45 GMT April 18, 2007 Reply   
April 18 (Bloomberg) -- Camelotfund, a Sydney-based currency manager, has set up a fund to allow individual investors to profit from the Australian dollar, the best-performing major currency this year.Click here

April 18 (Bloomberg) -- BlackRock Inc. and Pacific Investment Management Co., the world's biggest bond investors, are betting that inflation will return to Japan after almost 10 years of falling prices.Click here

Sofia Kaprikorn 05:45 GMT April 18, 2007 Reply   
shanghai bc 05:35 //
here in our new EU memeber stock market rose last 4 years 50-60% on average..
however the local currency is pegged to EUR..
- - I sense the truth in your words as stock returns are high but the inflation is above 6% too..
Question: how the government realises big Budget surplus?

NYC beyond_destiny 05:44 GMT April 18, 2007 Reply   
watch out, Loonie's touching of 1.127 might be a signal for overall end of anti-US$ running...

Syd 05:43 GMT April 18, 2007 Reply   
shanghai bc 05:35 GMT April 18, 2007
Mtl JP 04:51 GMT April 18, 2007

Nothing wrong with the rising US stock market while Dollar makes a long-term correction..As an extreme example,Zimbabwe stock market has been rising 12,000% for the last 12 month and 590% rise this year alone while inflation runs at 1000% each year and unemployment rate is at 80%+..Red hot Chinese market is well behind Zimbabwe's stock market with only 30% rise this year..Then stock market is ultimately a chart of local currency losing its purchasing power..

Extreme or not you cant even put them on the same page as an example Zimbabwe is a basket case dictatorship

USA Zeus 05:40 GMT April 18, 2007 Reply   
Ok- Tripled down on USD/CAD at 1.1277.

Bodrum OEE 05:40 GMT April 18, 2007 Reply   
correction with apologies

The post by po 00:49 GMT April 18, 2007 was alarming on two counts.

One could wonder about the timeframe the trades were executed (buy and sell). It is my understanding that there is a perception on the sell side (banks and brokers) that some exploit (or in their view, abuse) technology to take advantage of brokers' varying quotes following announcements (or when the direction is more ambiguous).

I also would like to know whether this is legal and if not why (in other words what is the basis of legal judgement involving which jurisdiction) . In addition, even if an illegal activity is taking place on the investor side, how a bank can leave this step to be taken to an institutional sales trading person especially if it is a first in response.

Regards

Bodrum OEE 05:37 GMT April 18, 2007 Reply   
The post by po 00:49 GMT April 18, 2007 was alarming on two counts.

One could wonder about the timeframe the trades were executed (buy and sell) and whether computer programming set to take advantage of different brokers' quotes right after the announcements were involved? It is my understanding that there is a perception on the sell side that some exploit (or in their view, abuse) technology to take advantage of brokers' varying quotes following announcements (or when the direction is more ambiguous).

I also would like to know whether this is legal and if not why (in other words what is the basis of legal judgement involving which jurisdiction) . In addition, even if an illegal activity is taking place on the investor side, how a bank can leave this step to be taken to an institutional sales trading person especially if it is the first in kind response.

Regards

shanghai bc 05:35 GMT April 18, 2007 Reply   
Mtl JP 04:51 GMT April 18, 2007

Nothing wrong with the rising US stock market while Dollar makes a long-term correction..As an extreme example,Zimbabwe stock market has been rising 12,000% for the last 12 month and 590% rise this year alone while inflation runs at 1000% each year and unemployment rate is at 80%+..Red hot Chinese market is well behind Zimbabwe's stock market with only 30% rise this year..Then stock market is ultimately a chart of local currency losing its purchasing power..

AZUSA 4x-ed 05:27 GMT April 18, 2007 Reply   
Re: AZUSA 4x-ed 05:10 GMT April 18, 2007 - fwiw, current levels also represent 38.2% fib ret. and monthly support (S2)

madrid mm 05:25 GMT April 18, 2007 Reply   
gm fx jedi
Wednesday, Apr 18, 2007 calendar

Syd 05:20 GMT April 18, 2007 Reply   
hk ab 05:14 GMT well one thing is for sure its not logic thats driving the market , but some heavy funds that are closing in for the kill before they reverse yet again , todays markets are getting more like the gambling casino with not even the best technical analysts on the planet getting it right , its like crossing a highway with a blind fold

Bodrum OEE 05:17 GMT April 18, 2007 Reply   
Zeus and Bahrain 1, Thank you both and good day.


Perth Randall El 05:16 GMT April 18, 2007 Reply   
USA Zeus 16:51 GMT April 17, 2007

Zeus- Thank you for the details. Now I understand about his poison. That twin-headed Donkey's signals and rediculous after the fact A, B, C, X usd.jpy 120 is coming but was actually some bull honkey about a sell signal was just a harmful joke. That is all for me here goodbye.


CT Cris 16:39 GMT April 17, 2007
Perth Randall El 16:37 GMT April 17, 2007
======
my calls not for you.dont use them.

Shameful twin-headed azz!

hk ab 05:14 GMT April 18, 2007 Reply   
syd//then the loser might be Nikkei....

AZUSA 4x-ed 05:10 GMT April 18, 2007 Reply   
Mtl JP 04:58 GMT April 18, 2007 || Thank you! At this stage of the game (to me) this may just be a statisitic, for it is mho that if we get passed the current weekly trend support line, we may not see much of a support until much lower levels.

Syd 05:07 GMT April 18, 2007 Reply   
Try againLINK

Syd 05:06 GMT April 18, 2007 Reply   
Mtl JP now this guy talks sense
LINK

hk ab 05:02 GMT April 18, 2007 Reply   
data?

Bahrain Bahrain1 05:01 GMT April 18, 2007 Reply   
Bodrum OEE 15:16 GMT April 17, 2007

Think price of soya will go up.......

Was planning to go to UK for holiday...but now I changed my mind...going to Malaysia now. ringgit much cheaper. lol

Good day.

Mtl JP 04:58 GMT April 18, 2007 Reply   
4x-ed 04:51 - 11month old S upport t-line on your daily chart

Mtl JP 04:51 GMT April 18, 2007 Reply   
Syd 04:15, dlr bears vs bulls on US stock market. One side is wrong, proof which coming soon.

AZUSA 4x-ed 04:51 GMT April 18, 2007 Reply   
Mtl JP 21:08 GMT April 17, 2007
Zeus - Bald Eagle/Spotted Owl pilot - the Loon flew in 1.1288 - 1.1327 range today. Unlikely to fly higher unless >1.1350. Me waiting with offers around 1.134ish for a new dive 'n straff run to unload more bombs on the 1.127x bridge before UP.

Could you please elaborate on the significane of the 1.127x as I do not find any technical basis for this value? If anything, it could serve as a cleverly placed stop for some bulls.

Mtl JP 04:41 GMT April 18, 2007 Reply   
Syd, I d love to see usdx puke to 80 or lower by this Friday. Try to test for limits of what qualifies as "excess volatility and disorderly movements" kind of thing. And if that would not ellicit a sensitivity reaction, add a Gold push to >800

Syd 04:15 GMT April 18, 2007 Reply   
Mtl JP me neither but to listen to some of the Dollar bears out there , its no turning back which is quite insane. Euro is having its day in the sun, when rate hit 4.5% or higher we will see if all of Europe can agree under the pressure


NZD/USD Stretched, To Consolidate N/T -Tricom

NZD/USD "definitely looking stretched" at these levels, says Tricom's Graham Parlane, noting pair may struggle to break through option protection around 0.7500 near-term; "the greater trend is up but we are extended here." Tips Kiwi to consolidate in 0.7420-0.7505 range overnight; NZD/USD last at 0.7480 vs intraday post-float high of 0.7493

Mtl JP 04:06 GMT April 18, 2007 Reply   
demise = finality, death, end. I don't see it. so I wonder

Syd 04:02 GMT April 18, 2007 Reply   
MARKET TALK: Majority Expect No Aussie Rate Move - CommSec

Speculation about impending interest rate hike in Australia has been driven by small section of economic fraternity, CommSec economist Craig James says. Majority of market economists expect no change in interest rate settings in 2007, he says. Rate speculation, together with rising fuel prices, are effectively doing RBA's work in restraining consumer confidence and spending intentions, James says. RBA board meets May 1 with market pricing near 65% risk of 25-bp hike to decade-high 6.5%.

USA Zeus 03:56 GMT April 18, 2007 Reply   
Bodrum OEE-

Am thinning down to the last 10% instead of 30% on this GBP/USD surge. Doesn't pass the smell test.

GL GT

Syd 03:55 GMT April 18, 2007 Reply   
Mtl JP 03:52 GM what do you think will ???

hk ab 03:54 GMT April 18, 2007 Reply   
JP//Clearly, euro is the one....

Mtl JP 03:52 GMT April 18, 2007 Reply   
Syd 03:46 / demise ??????????

what is going to take its place ?

hk ab 03:46 GMT April 18, 2007 Reply   
gbp still has lots of room as long as gbp/jpy is not toppish.

Syd 03:46 GMT April 18, 2007 Reply   
Mtl JP 03:39 GMT get the feeling the USD demise across the board is another tool to get the PBOC to move sooner - everyone will suffer for the one

hk ab 03:44 GMT April 18, 2007 Reply   
is PAR working again?

hk ab 03:43 GMT April 18, 2007 Reply   
fwiw, a/j is still wanting to prints more 100.xx.....

Mtl JP 03:39 GMT April 18, 2007 Reply   
Syd 03:31 / haha, remarks unlikely to jolt markets, my azz.

The Chinese suits appear to be extra careful with verbal pablum. Last move the Chinese initiated, if my memory serves me right, was on the week-end. february's global financial markets fiasco still fresh in minds and underscoring markets' skittish fragility.

Syd 03:38 GMT April 18, 2007 Reply   
Australian 1Q CPI Won't Be RBA's Smoking Gun
James Glynn
Australian first quarter inflation data, due out Tuesday, April 24, are unlikely to give the Reserve Bank of Australia the smoking gun it needs to raise interest rates in May.

The consensus of 21 banks and economic forecasters surveyed by Dow Jones Newswires Wednesday is for a slowdown in the consumer price index in the first quarter to an annual rate of 3.1%, from 3.3% in the fourth quarter.
Core inflation is on track to rise 2.8% from a year earlier, though this is down from 3.0% in the fourth quarter, the survey shows. The slowing trajectory is likely to alleviate fears at the RBA, which targets inflation between 2% and 3% over the course of the economic cycle.
Clear signs of a cooling off in inflation would prompt financial markets to dramatically water down expectations of a midyear rate hike. Such a sharp reversal in sentiment would pull the Australian dollar down from its current 17-year highs and lift bond prices from six-and-a-half year lows.
It would serve as a bonus for the beleaguered Liberal-National coalition government, which is facing a possible landslide defeat at an election in the second half of the year, according to recent opinion polls. "Essentially we don't think this will present them with a smoking gun," said John Peters, senior economist at Commonwealth Bank of Australia.
With the Australian dollar at 17-year highs, Peters also said the subsequent tightening of monetary conditions means there is less urgency for the RBA to raise rates.



hk ab 03:34 GMT April 18, 2007 Reply   
gbp is setting up that kind of old trap again, drops a little then bounces fiercely.

Syd 03:31 GMT April 18, 2007 Reply   
PBOC Vice Governor Su Ning's comments that central bank actively studying economic indicators signals government still concerned about flush liquidity, overly rapid investment, credit growth; likely to fuel expectations Beijing could take further tightening steps if data due tomorrow, like overly rapid consumer price inflation or investment growth, show economy still growing too rapidly. Still, remarks unlikely to jolt markets, given expectations for rapid 1Q GDP growth

Monaco Oil man 03:30 GMT April 18, 2007 Reply   
BTW the latest $/CAD scalp (1.1308 short posted earlier), (higher entries are a keeper) , will T/P around 1.1240..
Will then reshort at some resistances , if that scalp gets done.


gl gt

hk ab 03:30 GMT April 18, 2007 Reply   
no luck as mentioned earlier.... the e/j just dropped like a rock after exit!:D
take a holiday.

Monaco Oil man 03:27 GMT April 18, 2007 Reply   
dc CB 02:20 GMT April 18, 2007


Good to see , fellow traders, and not predictors in here.

Syd 03:26 GMT April 18, 2007 Reply   
Sydney ACC 03:11 Aussie overstretched , which is why I think its not gone futher every newswire i read around the globe expecting mega pullback at some stage, may be not yet, my feeling is that if the CPI comes in lower as did the data today will give RBA good reason to hold off on rates, the further it runs into the election time zone the less llikely they will move, also rates here are already 100pts above most so tightening the screws for the man in the street. RBA dont want to push Australia over the edge , and it could do

Sydney ACC 03:11 GMT April 18, 2007 Reply   
Syd 03:01 GMT April 18, 2007
Well, Syd what do you think.
Stronger yen doesn't seem to be having any neative impact on the Antipodean twins. We broached 100.00 briefly last night just prior to sterling going through 2.00. Fallen back a little on the cross but higher against dollar.
With dollar looking weak my guess is we break 84 cents in the next 24 hours or so.
Being told exporters still very short so they will be there on the dips.

Syd 03:01 GMT April 18, 2007 Reply   
Susceptible To Pullback To 0.7400 - ANZ
NZD/USD "looks overbought" on technical basis at current levels, will need to consolidate for a day or so if it's to push upward, says ANZ senior FX dealer Mark Elliott; "if anything we're a little bit susceptible to a move back towards 0.7400 or 0.7420," he says, noting a lot of stops taken out in pair's ascent to new post-float high of 0.7489, which will need to be replaced. Tips 0.7400-0.7500 range for next day or so, adding even if pair tops 0.7500 it's unlikely to have enough momentum to "race on" much past there. Pair last at 0.7478.

Syd 02:51 GMT April 18, 2007 Reply   
chief researcher of Rabobank Asia Jan Lambregts said on CNBC Kiwi and Aud ovedue for a violent correction kiwi 65 not too bearish fwiw

hk ab 02:25 GMT April 18, 2007 Reply   
mkt want to lick the stop at 118.50 very very much... gl.

hk ab 02:24 GMT April 18, 2007 Reply   
close e/j short at b/e all sideline, enough stress.

dc CB 02:20 GMT April 18, 2007 Reply   
Alaska Moon 00:17 GMT April 18, 2007
While we are on the subject....I have now traded 4 1/2 years
live and it seems to me it gets harder every year.


FWIW Recently the currency markets have been not been behaving in their traditional ways. That being the trendy-est of all speculative markets. Don't know the reason why, have many ideas, but at any rate...very very recently they seem to have regained their old ways. For me, after an entry, my chore of the day is to recalculate my trailing stop. Oh joy, welcome back normality.

fairfield JC 02:15 GMT April 18, 2007 Reply   
Atlanta South 02:07 GMT April 18, 2007

No problem. I am off to bed I cant wait for this Euro to take it leap above 136. Anyway, see you all tomorrow. GT!!! Ciao

Atlanta South 02:12 GMT April 18, 2007 Reply   
EUR/USD 3605-3625 before NY open. Not trading this pair @
this time, but just my view.

hk ab 02:12 GMT April 18, 2007 Reply   
zeus, do you have any new plans on e/j and dlrcad?

Dallas GEP 02:08 GMT April 18, 2007 Reply   
FWIW....I think we might see that break of 1.36 in Asia time in the next few hours

Atlanta South 02:07 GMT April 18, 2007 Reply   
fairfield JC
My 00:55 post was directed @ UKB's comments about account
blowout or near blowout. I have never suffered the problem
that the trader had with his trades being readjusted to favor
the bucket shop. Sorry for the confusion & the delay in responding as I was adjusting trades & watching HOUSE.

hk ab 02:04 GMT April 18, 2007 Reply   
jap just wait for data to clear the 118.50 obstacle.

Syd 02:00 GMT April 18, 2007 Reply   
RBNZ On Hold Despite Outsized Core Inflation-Citi


0148 GMT [Dow Jones] Citigroup senior economist Annette Beacher expects RBNZ to leave benchmark rate at 7.50% at next week's review, despite "outsized" 1.2% on-quarter, 4.1% on-year rise in NZ 1Q non-tradeable inflation, which raised "alarm bells" for RBNZ, markets; still, it's a "very close call." If RBNZ leaves OCR unchanged, that should spark "relief rally" in short end of yield curve, sharp downshift in NZD, though any market correction likely short-lived as RBNZ will voice clear tightening bias - causing markets to shift hike expectation to June 9 policy statement; easing not possible until early 2009. Key data ahead include 1Q wages, jobs, 4Q consumer spending all due next month

Auckland peat 02:00 GMT April 18, 2007 Reply   
heres an extreme view.
Eur/USD 1.7 ! 1.35 (Dec 2005) was just the first wave.

Auckland peat 01:48 GMT April 18, 2007 Reply   
I only just realised AUD/NZD has fully broken out of its 6 mth compressiion. ALready moved 100 pips but should really go another few hundred imo. that was quite a lengthy phase of coiling.

NYC BM 01:47 GMT April 18, 2007 Reply   

13620 is about my guess too, but it looks like people are starting to get short the pair so they don't miss the overbought opportunity... but I am surprised to see the Euro hang so long up here and am starting to think this might be a new base

fairfield JC 01:46 GMT April 18, 2007 Reply   
hk ab 01:33 GMT April 18, 2007

Why do you say 4hrs? London Open?

Dallas GEP 01:42 GMT April 18, 2007 Reply   
BM yes it will break. I think 1.3620 will print

Dallas GEP 01:38 GMT April 18, 2007 Reply   
long EURO now for 1.3600 print

hk ab 01:33 GMT April 18, 2007 Reply   
euro brekas 1.36 in 4 hrs.... probably.

Atlanta South 01:31 GMT April 18, 2007 Reply   
Fairfield JC
Will answer in 30 mins.

NYC BM 01:31 GMT April 18, 2007 Reply   
Does anyone think the euro will break 1.36 tonight... if so do you think it will be a sustained break?

Lahore FM 01:27 GMT April 18, 2007 Reply   
consistent break below 1.2067 calls for substantial drop.

hk ab 01:25 GMT April 18, 2007 Reply   
and I think it's the long due anouncement of band widening on yuan.

hk ab 01:24 GMT April 18, 2007 Reply   
mkt brewing sth v. wrong for usd.... if eur can fly inspite of election uncertainties, it tells.

nj jf 01:16 GMT April 18, 2007 Reply   
that is not an unusual activity, happened several times before. You need to contact them and get the rules in writing, dont let them give you the "we offer a market representation and not the real market" excuse.

Macau Sofia 01:01 GMT April 18, 2007 Reply   
to po 00:55 GMT April 18, 2007

Are you coming from marketing department of Sax's competitor?

to dr unken katt 01:00 GMT April 18, 2007 Reply   
they create the rules on - the- fly

fairfield JC 00:59 GMT April 18, 2007 Reply   
Atlanta South 00:55 GMT April 18, 2007

What did you do in that position? how did you get out of it, or did you have to give them the money?

Atlanta South 00:57 GMT April 18, 2007 Reply   
YOU are the one who needs to take more action. ??

Monaco Oil man 00:56 GMT April 18, 2007 Reply   
Definitely , but this guys probably had a view, and this particular person , was unhedged , at the end of the day, he is going to take money off them...

Which to them , is "illegal"..You should ask them where in the documentation is it illegal to pass "speculative" orders..Aren't ALL orders by nature speculative?..Same for announcement...

Atlanta South 00:55 GMT April 18, 2007 Reply   
UKB
Yes, I have been there & I suspect you have much company
here among the forum members although they may not come
forward with their experiences they are here. I have taken that fall only once, but the memory is still with me & I keep
a copy of my trade report from my broker posted in my trading room as a constant reminder of what can happen. If
you have learned a lesson, then ALL IS NOT A LOSS. Pick
yourself up & go on. GT

fairfield JC 00:54 GMT April 18, 2007 Reply   
Who is your broker.....they must be a market maker and you pissed them off badly.

fairfield JC 00:53 GMT April 18, 2007 Reply   
WOW!!!!! It seems to me like you made and they lost AND........they are P-O'ed. I dont know what to say, but that is BULL$hit!!!!

Monaco Oil man 00:53 GMT April 18, 2007 Reply   
I will explain why this is "illegal"...
This guys were probably unhedging this trades..So you are taking the money FROM them..

Monaco Oil man 00:51 GMT April 18, 2007 Reply   
Yeah welcome to the world of fcm's..

to po 00:49 GMT April 18, 2007 Reply   
Today alone I made a profit of $30K on a long GPDUSD position. Soon after I received a shocking email from a censored bank representative called Erdal saying that THEY ARE CHANGING MY TRADES!!!!!!!!!

I EARNED THIS PROFIT FAIR AND SQUARE (IN SPITE OF ALL THE censored SLIPPAGE AND REQUOTES) AND NOW censored BANK IS SIMPLY WIPING OUT MY PROFITS, AND IS IN ADDITION THREATENING ME OF I DON`T KNOW WHAT...

THIS IS THE BIGGEST SCAM IN THE WORLD.

Here`s the email I received from them:

"Dear xxxx,

We have changed your trades on GBPJPY and GBPUSD as these trades were speculative and done after an announcement. We see speculative trades after announcements as illegal and would advise you to stop this behavior immediately. Otherwise we would need to take further action.

Best regards,
Erdal

Med Venlig Hilsen | Yours Sincerely

Erdal Erbas | Associate - Institutional Sales Trading censored Bank A/S | Smakkedalen 2 | DK-2820 Gentofte Company phone: +45 39 77 40 00 | Direct phone: +45-3977 6019 | Fax number: +45 39 77 42 00

fairfield JC 00:49 GMT April 18, 2007 Reply   
hk ab 00:34 GMT April 18, 2007

How much buying power do you have AB. It hit 18 and took off.....? are you a bank in disguise?

hk ab 00:46 GMT April 18, 2007 Reply   
not much luck of my late yen calls.....maybe should stop for a while on this beast.

Syd 00:41 GMT April 18, 2007 Reply   
hk ab 00:39 :-))))

hk ab 00:39 GMT April 18, 2007 Reply   
syd, your fund flow info is an excellent value in gvi...thanks.

Syd 00:36 GMT April 18, 2007 Reply   
USA BAY 00:33 will let you know what she comes up with when shes on

hk ab 00:34 GMT April 18, 2007 Reply   
pT eur/jpy long and SAR here 161.18.

USA BAY 00:33 GMT April 18, 2007 Reply   
SYD,

Thats good, alternative to rate hike, so she may after all reverse kiwi. gt/gl

Syd 00:31 GMT April 18, 2007 Reply   
An index of consumer sentiment in Australia fell 0.2% in April from March, surprisingly easing back from a 19-month high posted in the previous month.

"We think that consumers have been unnerved by the prospect of higher interest rates," Westpac Bank chief economist Bill Evans said.

Melbourne Qindex 00:30 GMT April 18, 2007 Reply   
USD/JPY : The following is still valid :-

Melbourne Qindex 03:05 GMT April 13, 2007
USD/JPY (Monthly Cycle) : The pattern of my monthly cycle frequency chart indicates that the market can easily move between 117.72 and 119.89. The mid-point reference of 117.72 - 119.89 is 118.80. The distribution profile of my monthly cycle probability chart suggests that the market has a good chance to tackle 115.55. The lower barrier of the monthly cycle is located at 114.74 // 115.55.

NJ, USA UKB 00:29 GMT April 18, 2007 Reply   
Halifax CB 00:25 GMT April 18, 2007
thanks, yea i think you're right, appreciate it

hk ab 00:29 GMT April 18, 2007 Reply   
now it turns out that if PAR is not lifting the dlr/jpy, eur/jpy up, the mkt will tank! :D

Halifax CB 00:25 GMT April 18, 2007 Reply   
NJ, USA UKB 23:59 GMT April 17, 2007
I'm a little late to the conversation, but you have my sympathy (been there, done that). But in the long run it was the best value for money I ever got, education-wise....Not that I'm above still making many of the same mistakes; but now I generally catch them before the get totally out of control.
OTOH, it deal feel good to finally admit defeat when I closed out that one really stupid, really expensive trade (or rather set of trades). Then you are free to move on.....

NJ, USA UKB 00:19 GMT April 18, 2007 Reply   
so you make a good living after that ordeal now?

Alaska Moon 00:17 GMT April 18, 2007 Reply   
NJ, USA UKB 00:13 GMT April 18, 2007
========
While we are on the subject....I have now traded 4 1/2 years
live and it seems to me it gets harder every year. Maybe it is just me,but I had an easier time staying profitable a couple of years ago...
I blame it on "big money,big trades, short pips"...
Moon

Syd 00:16 GMT April 18, 2007 Reply   
USA BAY 00:13 GMT going to talk about alternatives to rate Hikes to hold down the dlr

Syd 00:15 GMT April 18, 2007 Reply   
Fund Players Push USD/JPY, EUR/JPY Lower -Trader

USD/JPY falls to session low 118.80 (vs session high 119.03) on selling by both Japan, non-Japan fund players to lock in profits, says trader at Tokyo trust bank; adds if stop-sells at 118.60-118.70 triggered, pair may fall to 118.50. But amid lack of fresh leads to encourage players to keep buying JPY

LDN pw 00:14 GMT April 18, 2007 Reply   
Yes it is sickening when it happens but I think most have been there in some degree or another. I also took a huge loss a few months ago and am now trying slowly to build up my account again.

USA BAY 00:13 GMT April 18, 2007 Reply   
SYD,

Will she be able to reverse kiwi, just kidding.

NJ, USA UKB 00:13 GMT April 18, 2007 Reply   
yea, greed was def. it, i was up 10gs b4 this and was like let me make another quick 10 and screwed myself, thanx guys

Syd 00:13 GMT April 18, 2007 Reply   
Helen Elizabeth Clark Prime Minister of New Zealand talking on CNBC sqawkbox soon

fairfield JC 00:11 GMT April 18, 2007 Reply   
I am sure we have all been there, i have. Just stick to your system and money management should be a crucial part of that system. Haha, as I write this I am down a bit........HAHA...Oh the joys of life, trading and being greedy. HT!!!

NJ, USA UKB 00:10 GMT April 18, 2007 Reply   
yea, i know that losses are part of the game, but the degree was just too big and not worth it, i know that won't happen again

USA BAY 00:07 GMT April 18, 2007 Reply   
Prevent it from happening again 100%, is very, very difficult. Maybe reducing the degree of loss, perhaps

NJ, USA UKB 00:07 GMT April 18, 2007 Reply   
i did learn how to prevent it, wrote a set of rules that i will now follow to the t, but this was a huge cost of $48,000, i'm hurting right now

Alaska Moon 00:05 GMT April 18, 2007 Reply   
NJ, USA UKB 23:59 GMT April 17, 2007
=====
I think most of us has done that in different degrees ! LOL
My advise is this...Do you know how to prevent it happening again ?? If so,
your lesson is probably worth the cost..
Moon

Dallas GEP 00:01 GMT April 18, 2007 Reply   
WTF, well now that market took out stops at 7480....KIWI is actually retreating...I don't get it

 




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