Forex Forum Archive for 05/1/2007

Gold Coast Martin 23:58 GMT May 1, 2007 Reply   
Como Perrie 23:38 GMT May 1, 2007
lol...Igor..not in Greece but may be ned to open office there to supply me with olive oil....

BUD Petr 23:57 GMT May 1, 2007 Reply   
Perth Randall El 23:36 GMT May 1, 2007
usd.jpy 120 is coming
--------------------
you plan to short it? good idea @ 120

BUD Petr 23:48 GMT May 1, 2007 Reply   
probably the biggest FMCG out there. reported quarter results today

fish&chips, the only meal a true english chef can do :) the he_ll starts when the english chefs rule the world ;-)

Como Perrie 23:43 GMT May 1, 2007 Reply   

BUD Petr 23:39 GMT May 1, 2007

What kind of job...interesting thought so far....better than hobby traders here

BUD Petr 23:39 GMT May 1, 2007 Reply   
Como Perrie 23:34 GMT May 1, 2007

nah, just 'pocket money games' - not that brake to up my neck up to it - I spend 10-12 hrs a day in office on my real job.

Como Perrie 23:38 GMT May 1, 2007 Reply   
Perth Randall El 23:36 GMT May 1, 2007

for a moment thought you was the big hedge martin from australia and greece...but is clear you jonas from vegas... good luck 2 u too

Syd 23:38 GMT May 1, 2007 Reply   
Reserve Bank Australia Leaves Cash Rate Unchanged At 6.25% The Reserve Bank of Australia left its official cash rate unchanged at 6.25% Wednesday following a policy meeting by the central bank's board on Tuesday. The decision was largely anticipated by financial markets after inflation data for the quarter, released last week, showed consumer price growth at its slowest pace in two years.

Como Perrie 23:37 GMT May 1, 2007 Reply   
BUD Petr 23:34 GMT May 1, 2007
btw

you still have to explain fish and chips....thought was about me.. so far ...as amartya sen demonstated democracy is relative to number of voters as quality of a system

BUD Petr 23:36 GMT May 1, 2007 Reply   
UK Alex 23:32 GMT May 1, 2007

a czech proverb - cue to the smart one, kick to the dumb one. some people (incl myself) sometimes need the kick to wake up to the risks out there...

Perth Randall El 23:36 GMT May 1, 2007 Reply   
usd.jpy
========
120 is coming


usd.cad
========
1.13 is coming

Como Perrie 23:34 GMT May 1, 2007 Reply   
BUD Petr 23:29 GMT May 1, 2007

I do see you playing the big games,...me not to stress myself anymore, ...but covered in case...gL

BUD Petr 23:34 GMT May 1, 2007 Reply   
Como Perrie 23:19 GMT May 1, 2007

my approach is hands off equity - I was hoping to see a deeper correction back in Feb and am waiting for one soon (month/two).

how else can you make sense of substantially slowing us economy and stock market growing 16 of past 22 sessions and scoring new highs (nearly) every day? or is that the famour 'de-coupling'? I though it concerned US & non-US markets, not US economy and stock market ;-))

USA BAY 23:34 GMT May 1, 2007 Reply   
RBA Rates on hold

Gen dk 23:33 GMT May 1, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

UK Alex 23:32 GMT May 1, 2007 Reply   
BUD Petr 23:29 GMT May 1, 2007
Sounds risky to me, especially when every man and his dog is caught up in the frenzy.

melbourne saint 23:32 GMT May 1, 2007 Reply   
iNews> 4,4 8,2 19:30ET AUSTRALIA'S RESERVE BANK LEAVES OFFICIAL CASH RATE UNCHANGED AT 6.25 PCT [RTR] 

BUD Petr 23:29 GMT May 1, 2007 Reply   
UK Alex 23:22 GMT May 1, 2007
How much is 'real' money and how much is borrowed money?
---------------------------------
5:1 in favour of loans is my bet.

there're just too many 'I made big money at stock exchange' fairy tales around. unless some people get 2nd degree burns (enough to get properly reported), people won't figure out that not all days are bright...

UK Alex 23:26 GMT May 1, 2007 Reply   
"It is useless to attempt to reason a man out of a thing he was never reasoned into."
Jonathan Swift (1667 - 1745)

Syd 23:25 GMT May 1, 2007 Reply   
EUR/USD may retreat to 1.3580 on selling by non-Japan fund players like U.S. hedge funds to lock in profits, cover USD shorts following robust U.S. ISM manufacturing data, says Tokyo trader; "players, who think the strong manufacturing data may postpone a Fed rate cut, will likely buy the dollar for the euro." But dip-buying by Asia fund players may provide some support

UK Alex 23:22 GMT May 1, 2007 Reply   
BUD Petr 23:12 GMT May 1, 2007
How much is 'real' money and how much is borrowed money?

Fairfield JC 23:21 GMT May 1, 2007 Reply   
That stock market correction will happen in China first and then throughout the world, thus sparking a USD recovery cause ppl will get scared and for some reason they run into the USD for comfort. This will happen in the next two to three weeks if not this week. Just my two cents and they are not worth alot right now cause I live in the US with USD's....Haha. Good trading!!!

Como Perrie 23:19 GMT May 1, 2007 Reply   
BUD Petr 23:12 GMT May 1, 2007


interesting but old as of thinking...... still do see one been up there as a way of thought ....all the best

BUD Petr 23:12 GMT May 1, 2007 Reply   
there's just too much spare cash in china to propel the run (where else can they actually invest if we take into account the long hoped for/awaited revaluation of CNY?)

my own take is that the chinese stock market will see massive correction after the olympics (until that time there simply will be too much spending).

Syd 23:07 GMT May 1, 2007 Reply   
Regulator warns on stock market risk
top Chinese securities regulator warned investors about the risks in stock investment on Saturday, news reports said.

"There are risks in the stock market and you should think carefully before entering," Fan Fuchun, vice chairman of the China Securities Regulatory Commission told investors at a forum on financial reform in Nanjing, East China's Jiangsu Province.


Fan Fuchun, vice chairman of the China Securities Regulatory Commission warns investors about the risks in stock investment on Saturday. [newsphoto/file]
He urged investors not to jump into the equity market blindly or make investment decisions based on rumors. At the same time, people should take precautions to guard against risks, he said.

China's stock market has soared 40 percent so far this year after rallying 130 percent in 2006, drawing a record number of investors into the market.

In March alone, over four million new A-share trading accounts were opened, compared with the 3.08 million for the whole year of 2006, according to statistics.

http://en.ce.cn/stock/marketnews/200704/29/t20070429_11217523.shtml

Syd 23:03 GMT May 1, 2007 Reply   
Yuan climbs to record as more rises seen

USA Zeus 22:59 GMT May 1, 2007 Reply   
If this continues for USD/CAD we'll start to hear the CAD bulls hedge their USD doomer predictions. The cries should grow louder 1.1150-1.12+

Syd 22:49 GMT May 1, 2007 Reply   
Private Economists See Real GDP Growth At 2.6% In Jan-March QtrTOKYO (Nikkei)--Japan's real gross domestic product rose an annualized 2.6% in the January-March quarter, based on an average of estimates from 15 private-sector research institutions.

AZUSA 4x-ed 22:40 GMT May 1, 2007 Reply   
Canadian dollar retraces gains on Dodge comments

Jyske Bank backs this view with a call for 1.15 in 0-1 mos.

BUD Petr 22:06 GMT May 1, 2007 Reply   
USA Zeus 21:48 GMT May 1, 2007
Well Happy Day!
Just sold a little USD/CAD to lift the spirits high and put us all in a good (Mah)MOOD @ 1.1112 for +50 piptitos
------------------------------------------
muy amable - I am short from 1.1110

GVI john 21:50 GMT May 1, 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	AUD/USD	EUR/JPY
1900GMT	1.3617	119.72	1.2137	1.9996	1.1105	0.8287	163.02
High	1.3674	119.86	1.2164	2.0074	1.1116	0.8328	163.31
Low	1.3590	119.07	1.2052	1.9981	1.1049	0.8274	162.83
05/01/2007							
Simple mva	basis =>	05/01/2007					
5 day 	1.3630	119.43	1.2081	1.9978	1.1141	0.8299	162.77
10 day	1.3613	119.02	1.2071	2.0001	1.1195	0.8317	162.00
20 day 	1.3531	119.13	1.2123	1.9890	1.1314	0.8284	161.12
50 day 	1.3358	118.40	1.2169	1.9669	1.1526	0.8077	158.14
100 day	1.3199	119.20	1.2271	1.9626	1.1617	0.7950	157.32
200 day	1.3007	118.13	1.2325	1.9308	1.1446	0.7796	153.66

GVI john 21:49 GMT May 1, 2007 Reply   
GVI Calendar of selected key economic data, central bank meetings, etc....

USA Zeus 21:48 GMT May 1, 2007 Reply   
Well Happy Day!
Just sold a little USD/CAD to lift the spirits high and put us all in a good (Mah)MOOD @ 1.1112 for +50 piptitos

AZUSA 4x-ed 21:20 GMT May 1, 2007 Reply   
Good to keep Chuck Butler's Daily Pfennig on the watch list.

London NYAM 21:11 GMT May 1, 2007 Reply   
By the way hats off to you members of the forum. Really great group of people. I think it may even be possible for everyone to make money here.

London NYAM 21:06 GMT May 1, 2007 Reply   
Hey Kap// You may be right but this is especially profound when the market is lacking direction. The NFP has a tendency to rock the market when no one knows precicely what the economy or interest rates are going to do. The ranges tighten up and expectation rises. But that doesnt always equate to a decent breakout. The theme is mixed messages right now from the US and as long as no one can encapsulate a really good reason why things should continue to trend away from solalr strength the bulls and bears will battle in no mans land. Real money flows will dictate direction and tey will only position differently on real evident changes in trend. Hedgies are always a wild card though and actually i think they are waiting to see if carry is still as risky as the jitters hinted at. Indications are that they havent really piled back in as yet. They are not morons even if i dont personally like the pure materialist ethic that they engender.

Halifax CB 20:58 GMT May 1, 2007 Reply   
dc CB 20:44 GMT May 1, 2007
Perhaps a wee bit of retracement would be nice :)

Not for me :). well a little bit, since I am currently out & waiting to get int, but please, not alot....It does look rather like spring, 2002, 2003, 2004, 2005, and a bit of 2006. A Pattern there perhaps?

dc CB 20:44 GMT May 1, 2007 Reply   
Halifax CB 20:34 GMT May 1, 2007
dc CB 19:57 GMT May 1, 2007

well though it dosen't show it on that index chart, in the June futures it went to 9065 yesterday off the GDP number. Today it again went to 9065 at about 9:30AM basically on it's own and then sold off to below the open last evening and closed below the open. Perhaps a wee bit of retracement would be nice :)

Halifax CB 20:34 GMT May 1, 2007 Reply   
dc CB 19:57 GMT May 1, 2007

Well, I have it still running down at 0.95 pips per hour (on the average)....

BUD Petr 20:22 GMT May 1, 2007 Reply   
USD/JPY is expected to be capped by 120.00 tonight in Tokyo trading according to the forecasts by NY traders. Dealers tip the topside of the range tonight around 119.87/89 to 120.00. On the downside for the forecast, support is seen at 119.50, 119.30 and lower at 119.00.

Rather than focusing on USD/JPY, many traders are focusing on JPY crosses, calling for a major correction in carry trades. Both AUD/JPY and NZD/JPY have stalled below recent highs. Some are looking for a big push lower on CAD/JPY after recent gains as well. The speculation of a carry trade correction is tied to fears that many markets are currently overdone including emerging markets and other leveraged positions and a correction is likely before the summer begins. Remember that the last emerging market mini-meltdown occurred in a similar time frame in May last year

HOU rj 20:18 GMT May 1, 2007 Reply   
Let me post a trade here added one more short on Eur/jpy here being at weekly resistance point

HOU rj 20:13 GMT May 1, 2007 Reply   
Man I hate it ,need to cut every week now

HOU rj 20:12 GMT May 1, 2007 Reply   
Sorry
May read Kaprikon

LKWD JJ 20:10 GMT May 1, 2007 Reply   
grass is growing again....

HOU rj 20:00 GMT May 1, 2007 Reply   
Sofia capricon
Where r u from

Sofia Kaprikorn 19:58 GMT May 1, 2007 Reply   
sorry - Imean that I noticed before that when we had major moves like EUR to all time highs and so on - there is consolidation - and when it is a week when the NFP data is due - the market is in tight range thru this week and on Friday we see some very strong moves - most often with 2-way risk ..

dc CB 19:57 GMT May 1, 2007 Reply   
CD running out of steam? Time for a break? Today's data:

IPPI: up 1.3% vs 0.9 last
RMPI: up 1.3 vs 2.6 last

no more data until IVEY on friday.
Oil down 1.26, gold down, silver down, copper UP.

http://www.stockcharts.com/c-sc/sc?s=$cdw&p=D&yr=0&mn=14&dy=0&i=p70737928148&r=5930]

Sofia Kaprikorn 19:55 GMT May 1, 2007 Reply   
sorry I meant smtg else pls disregard my post.

LKWD JJ 19:46 GMT May 1, 2007 Reply   
when was nfp not on fri?

Sofia Kaprikorn 19:44 GMT May 1, 2007 Reply   
LKWD JJ 19:25 //
basicly I have observed this when NFP is on Friday - the whole week is in very tight ranges (plus China and Japan are in 1 week holiday)
so better strategy is to look at the ranges (tight or expanded) - but not try to catch Breakouts..
this is only my assumption based on some hindisght- however market will rule..

USA Zeus 19:43 GMT May 1, 2007 Reply   
Halifax CB 19:37 GMT May 1, 2007

Thx CB

USA Zeus 19:43 GMT May 1, 2007 Reply   
USA Zeus 15:17 GMT April 30, 2007
Ever just feel it when the market reaches a pain/complacency threshold?


Deep sea crocks could not bare the indigestion and poisonous bacteria any longer and spat the nasty bird out. Will they touch that nasty stuff again? Let's see.....

Halifax CB 19:37 GMT May 1, 2007 Reply   
USA Zeus 19:22 GMT May 1, 2007
I've moved my re-entry down to 1.1125, so it won't take much of a blip for me to sell it :)

Mtl JP 19:35 GMT May 1, 2007 Reply   
fwiw, David is retiring in January; be nice of the market to throw him a party.

Mtl JP 19:32 GMT May 1, 2007 Reply   
gut usualy contains bacteria or gas.

dlrcad might make an attempt at flight if the hourly closes above 1.113x. Dodge's earlier yikyak - that the BoC miscalculated market's valuation and if it that if it continues to mis-behave the BoC will take the currency's value into account - to the House Standing Committee on Finance was political.

Bring it on David.

LKWD JJ 19:28 GMT May 1, 2007 Reply   
LKWD JJ 20:18 GMT April 30, 2007
if only this usd buying would spread to jpy or chf alot of others here might make some money as well.
================================
someone was listening!!!

London NYAM 19:26 GMT May 1, 2007 Reply   
Yes the dollar is due a correction most likely off the NFP. Exept vs Yen which i think will cap and crumble after the other dollar pairs retreat in favour of the dollar. So i would definitely stick to the yen crosses for safety avoiding cross currents of sentiment. imho

LKWD JJ 19:25 GMT May 1, 2007 Reply   
if its not the news, but the reaction to it thats worth noting, i have a problem with cable. gdp weak on fri stalls @40-50 area and comes down below 2.after a u of m survey thats better than expected. today again good news from uk, cable rises (albeit higher than fri @73-76) but falls hard on another positive report from US. am i onto anything here or just blowing hot air? comments welcome. zeus keep that cad moving!!

USA Zeus 19:22 GMT May 1, 2007 Reply   
The "gut" indicator says that selling USD/CAD on blips will not work for new lows.

Chicago Aga 19:18 GMT May 1, 2007 Reply   
Anyone think usd can move higher as part of a broader correction?

RIC fxq 18:48 GMT May 1, 2007 Reply   
I don't think Deli PP is "currying" GVI favor with this post. :)

madrid mm 18:41 GMT May 1, 2007 Reply   
same old story 8-)

Dow Jones Options Trading Surged Prior to Offer by News Corp.

By Jeff Kearns

May 1 (Bloomberg) -- Trading in options to buy shares of Dow Jones & Co., owner of the Wall Street Journal, surged to the most since November 2005 yesterday, the day before News Corp. announced its $5 billion bid for the company.

The number of call-option contracts traded in New York-based Dow Jones jumped 14-fold to 4,335 from the average daily volume of 309 over the previous 20 trading sessions, according to Bloomberg data.

madrid mm 18:39 GMT May 1, 2007 Reply   
Asian Stock Market Closures First Week of May
(Bloomberg) -- The following list gives details of Asian stock markets closures through the first week of May.

May 2: China, India, Malaysia and Sri Lanka.

May 3: China and Japan.

May 4: China and Japan.

May 7: China and Thailand.

To contact the reporters on thi

hk ab 18:26 GMT May 1, 2007 Reply   
place limit to do some trend following activity at 1.1141 short dlr/cad

BUD Petr 18:25 GMT May 1, 2007 Reply   
USDCAD short @ 1.1110

ABHA FXS 18:05 GMT May 1, 2007 Reply   
long euraud 1.6423 for 1.6524
long chfjpy 0.9865 for 0.9963

Halifax CB 18:02 GMT May 1, 2007 Reply   
Sofia Kaprikorn 17:23 GMT May 1, 2007
Neat, guess greatminds think alike :)
FWIW, the way I would first approach the oscillating type of pair is to use shortish transforms, and put trackers on the dominant frequencies, and invert those. Works for submarines, don't know if it'll work for ccy's, they are much more complex :)

hk ab 17:58 GMT May 1, 2007 Reply   
tks bkk!

Bangkok bkk 17:54 GMT May 1, 2007 Reply   
hk ab 13:16 GMT May 1, 2007
bkk, is today still a buy on dips for dlr/jpy?

----------------------------------------

Yes, ab// Until tomorrow... we should see 120.35-45

I sill holding long USD/JPY @ 119.35 but already closed out USD/CHF long @ 1.2110 with 60 pips profit.

Also just bought EUR/USD @ 1.3600

hk ab 17:39 GMT May 1, 2007 Reply   
eurchf is way too impressive......
oil man, rule of thumb, short 5 dma dlr/cad?

moscow mike 17:25 GMT May 1, 2007 Reply   
moscow mike 14:34 GMT May 1, 2007
moscow mike 10:54 GMT May 1, 2007
short cable 0045, stp 0095 for a swing trade
=============
covered half +40.
==================
covered some more +57

Sofia Kaprikorn 17:23 GMT May 1, 2007 Reply   
Halifax CB 17:13 //
I had the same idea so great you have it in mind..
I viewed this week as rangy given the NFP data on Friday - however ranges will get expanded or strentched to the strong side.. i guess..

Halifax CB 17:17 GMT May 1, 2007 Reply   
Sorry, didn't complete that thought - it also tends to osscillate strongly when it's in horizontal mode.....I really should be tracking this in some sort of frequency space, but I'm not set up to do that yet, alas....

The Netherlands Purk 17:15 GMT May 1, 2007 Reply   
LDN Rodders 17:08 GMT May 1, 2007

hehehehe, the NN of NN speaks out of wisdom i guess. Strange day, someone must have fired some shots there, guess an old leading indicator is back (swister) As for the loonie: i havent seen this for a while flying in the clogevening, that is very good for those who wait nicely for the loon to bottom out every night, take a few pips, and take some core possies every step.
BTW where the h... is Dellboy?
Cheers!!!!!!!!!

Halifax CB 17:13 GMT May 1, 2007 Reply   
Sofia Kaprikorn 17:07 GMT May 1, 2007
Very true about the switching ranges - I noticed it seems to do this every few days, and it's why going short on the pair may be a ____bad____ idea ATM. But I thought to give it a try, and see what happens :)

LDN Rodders 17:08 GMT May 1, 2007 Reply   
The Netherlands Purk 13:29 GMT May 1, 2007
Well the Loonert is being hit again, orders are set i guess. Lets see where NN is situated.
------------------------------------------------------Purky..NN told you monday where loonie bottom was and where it is going...nothing has changed...

Sofia Kaprikorn 17:07 GMT May 1, 2007 Reply   
Halifax CB 16:55 //
hi - just interesting thing I observed that your trading bands you use give a visual aid and it is very clear that USDJPY is switching ranges - at ur chart it goes from the lower 118.30--90 to a little higher 119 - 119.70 ..

ABHA FXS 17:03 GMT May 1, 2007 Reply   
Long EURUSD 1.3600 For 1.3710
Long EURGBP 0.6806 For 0.6848

dc CB 17:02 GMT May 1, 2007 Reply   
US Dollar Index June futures held at 8110 today, third time at that point. 1st was April 25, 2nd was April 27.

Halifax CB 16:55 GMT May 1, 2007 Reply   
And now for something really different - USDJPY is my own personal KoD pair. I haven't traded it off the KF before, since it is by most def's trendless (it seems to jump every 3 to 4 days, almsot randomly), so I thought I'd take a look at it, short-term and small.
Here's the chart: LINK, with the central KF de-gain set to -10dB. (the optimal levels for that is what I am working on). I went short around 77 (the top dashed yellow line) SL at top red, tp at the bottom yellow dashed.

Sofia Kaprikorn 16:51 GMT May 1, 2007 Reply   
NYAM - I see the MAs in EURJPY & GBPJPY are about to slope back down - following the bearish MACD - 2 h charts..
pls excuse me tha I can't really reply to your EW views - however I appreciate your point of view..

on EURUSD - well there is the range - but also an obvious loss of momentum at present as there are 3 consecutive lower Highs - 83 / 79 / 74...
- so I guess we will see the next Support levels __previous lows at 62 / 56 and 48 / 41

Sofia Kaprikorn 16:39 GMT May 1, 2007 Reply   
USDCHF - compared to other majors it made a more extended move - any news from SNB - or it just reacted a bit more to US data?

London NYAM 16:37 GMT May 1, 2007 Reply   
Kap// On GBPJPY. I had originally counted the 19/4 low at 135.21 as the end of a wave 4 structure. However, it didnt alternate very well with my wave 2 and now the move since that low actually appears to be a wave B anding in avery hyperextended e-wave. This looks like it is breeaking down and may foreshadow a GBP turn or a Yen correction or both. In any case i weigh the probability higher that we will correct now towars 234.75 area rather then punch out at new highs. FWIW. Ive been eyeing a switch into short this pair.

Lahore FM 16:27 GMT May 1, 2007 Reply   
lkwd jj 16:20 GMT May 1, 2007
gbpusd sell off likely some time tomm.

Sofia Kaprikorn 16:26 GMT May 1, 2007 Reply   
EURCHF & GBPCHF broke their recent Highs - is this any mark of the carry trades strength?

EURJPY and GBPJPY are both at their top of ranges - ready to challenge targets mentioned before in the forum - 14.45 & 242?
any comments?

lkwd jj 16:20 GMT May 1, 2007 Reply   
Lahore FM 15:55 GMT May 1, 2007
lkwd jj 15:53 GMT May 1, 2007
2240.usdjpy to peek into 120's.

where will gbp be at that point in time? i dont see a big selloff coming..

NY RP 16:19 GMT May 1, 2007 Reply   
Gold is a beast and volatile. Trading in 3's is preferred. The monthly is the magic. Fundamentals on this pig will dictate. Can it trade lower from here, of course. But chances are we chop around for 5 to 10 days tops before an excelerated move over $700.

hk ab 16:15 GMT May 1, 2007 Reply   
RP//you sure you don't see this gold retrace is done?

Sofia Kaprikorn 16:12 GMT May 1, 2007 Reply   
NY RP 16:01 //
nice observation - Left S at 120 / H at 122.30 -
now we are like 20-30 pips from 120 so it could prove strong R...

btw - it's really amazing to see how technical is the USDJPY chart - there is a massive H&S pattern from 2001 to 2003 on weekly chart also..

USA Zeus 16:11 GMT May 1, 2007 Reply   
london phil 16:00 GMT May 1, 2007

Must have been a different London Phil mixing it up with Randy yesterday. plol

NY RP 16:01 GMT May 1, 2007 Reply   
Observation pointed out again. USD/JPY on the weeklies is forming a strong Head and Shoulders formation. The Yen is a beast to time but such a painting is difficult not to observe. Gold is retracing and is still (and will be for some time) a buy on dips and sell on rallies instrument. Once a trend has formed, the most difficlut task is achieved. Good luck and see you at 740 area.

Sofia Kaprikorn 16:00 GMT May 1, 2007 Reply   
EURUSD trading in range channel - 1.3590 -- 1.3670..
anyone buying now?

lkwd jj 16:00 GMT May 1, 2007 Reply   
buy stop in cable hit @46 censored!! left in from yesterday when i was shorting cable. ruined my party for today.8(-

london phil 16:00 GMT May 1, 2007 Reply   
zeus where on earth did you come up with the sock line i would reallly like to know and well done patience and deep pockets paid off this time hopefully the others on this forum who respect your trading and followed you had as deep pockets and before you say it no im not criss in disguise and have had plenty of negatives to say about him in the past.

lkwd jj 15:56 GMT May 1, 2007 Reply   
ty sir. jumped in yesterday @75 a bit premature

Lahore FM 15:55 GMT May 1, 2007 Reply   
lkwd jj 15:53 GMT May 1, 2007
2240.usdjpy to peek into 120's.

USA Zeus 15:54 GMT May 1, 2007 Reply   
Looks like some of us will be laughing our balls off while Phil has a sock party with his twin.

lkwd jj 15:53 GMT May 1, 2007 Reply   
lahore fm chf? are we going to 122 in the near term as 4hr chart resistance looks?

USA Zeus 15:47 GMT May 1, 2007 Reply   
Halifax CB 15:43 GMT May 1, 2007

CB- Thx for sharing. Always welcome to share.
cheers
-Z-

Halifax CB 15:43 GMT May 1, 2007 Reply   
well I'm pout -way too much work for a few pips! (& I promise I won't repeat blows by blows in the future :)

London NYAM 15:42 GMT May 1, 2007 Reply   
ab// The crosses from the look of it.

hk ab 15:41 GMT May 1, 2007 Reply   
who is sitting on dlr/jpy?.....

Lahore FM 15:40 GMT May 1, 2007 Reply   
interesting day on usd.usdcad a buy second time on now.

Halifax CB 15:36 GMT May 1, 2007 Reply   
Moved SL to 1.1085 & put on 10p trailing.

dc CB 15:36 GMT May 1, 2007 Reply   
Why the stock market is up.
Stock as lottery tickets. and todays pick winner is Dow Jones (opened $37 and change) for the bid from News Corp at $60 share.
Halted pending up $20.

Bodrum OEE 15:36 GMT May 1, 2007 Reply   
The Turkish lira rebounds as the Court rules


Market News International

NY tim 15:35 GMT May 1, 2007 Reply   
shall we see some USD/JPY long liquidation before NY close?

Halifax CB 15:34 GMT May 1, 2007 Reply   
Halifax CB 15:30 GMT May 1, 2007
that should be "down", not "dow". I get murdered on stocks, lol....

Bodrum OEE 15:32 GMT May 1, 2007 Reply   
Associated Press


DJ Turkish Constitutional Court Annuls Presidential Vote

Turkey's highest court Tuesday annulled a presidential vote dominated by concerns over the rising profile of political Islam, opening the way for possible early general elections.

The ruling comes amid an opposition boycott of the vote and follows enormous protests by hundreds of thousands against the Islamic-rooted government of Prime Minister Recep Tayyip Erdogan.

Halifax CB 15:30 GMT May 1, 2007 Reply   
Stop moved dow to 1 dev level (entry -3pips ) as it's touched the trendline on the -40db line....(I'm posting this for Zeus, won't generally do it in the future), still targetting 1.1045 or failure thereof (back above the -40db trend on the 15 mins)

hk ab 15:29 GMT May 1, 2007 Reply   
zeus, do you watch gold recently? comment/

USA Zeus 15:12 GMT May 1, 2007 Reply   
jkt-aye 14:57 GMT May 1, 2007
"...like watching moh. ali dancing with his deadly jabs."
Love it!!
BTW- Invite in the mail.

QC JUANZP1 14:56 GMT May 1, 2007
austin gw 14:55 GMT May 1, 2007
London NYAM 14:45 GMT May 1, 2007

Thx for the nice words. :-)
GT!

Halifax CB 15:09 GMT May 1, 2007 Reply   
FWIW, this is just a technical trade, I'm doning this off the 40dB down line which puts the stop around 1.1125, while I test algorithms.

NYC beyond_destiny 15:06 GMT May 1, 2007 Reply   
eurchf's broke of 1.65 gives further upside of euro...

Halifax CB 15:06 GMT May 1, 2007 Reply   
Shorted small $CAD at 1.1093, it's still failing to break my trendline, target around 1.1045 or failure thereof; Other orders are still in place & waiting.

UK Alex 15:02 GMT May 1, 2007 Reply   
Lord Browne CEO of BP has just resigned.

madrid mm 15:00 GMT May 1, 2007 Reply   
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tokyo ginko 15:00 GMT May 1, 2007 Reply   
sorry,

London NYAM 14:56 GMT should read

London NYAM 14:53 GMT May 1, 2007

tokyo ginko 14:57 GMT May 1, 2007 Reply   
London NYAM 14:56 GMT sound advice

jkt-aye 14:57 GMT May 1, 2007 Reply   
Zeus...congrats. i'm enjoying your show like watching moh. ali dancing with his deadly jabs. gtgl

QC JUANZP1 14:56 GMT May 1, 2007 Reply   
Nice trade on usdcad zeus

London NYAM 14:56 GMT May 1, 2007 Reply   
FWIW I dont think it(cable) was in an impulsive upwave sequence from the 19863 lows: it looks like a correective 3 and that hints at more sideways consolidation. Range trades would be better until a breakout (confirmed).

Dallas GEP 14:55 GMT May 1, 2007 Reply   
Juan I think I would wait personally but one could try with a 1.3570 stop

austin gw 14:55 GMT May 1, 2007 Reply   
usa zeus
nice usd/cad buy on double bottom! congrats!

London NYAM 14:53 GMT May 1, 2007 Reply   
QC JUANZP1 14:48 GMT May 1, 2007
If you feel strongly that the up trend will resume soon, I suggest you build a position a la zeus with small parts. Personally i would wait for the dust to settle and enter when the sellers look exhuasted. Im waiting to see if the last move up was indeed a five wave sequence.

QC JUANZP1 14:52 GMT May 1, 2007 Reply   
GEP do u think buying eurusd is safe now?

tokyo ginko 14:50 GMT May 1, 2007 Reply   
my tech indicators pointing a s.t. correction for now. FWIW

Dallas GEP 14:50 GMT May 1, 2007 Reply   
Took Profit on EURO shorts

QC JUANZP1 14:48 GMT May 1, 2007 Reply   
London NYAM
I think you can get better or at least only stake some. This should try and test 1.9960.

Tnx NYAM. May be it will test 1.9960. Or just wait for it to touch the bull trendline. wat do you think?

London NYAM 14:45 GMT May 1, 2007 Reply   
Zeus Im particularly happy for you on CAD and watch your trading with enjoyment, but do you think that riding someone on their name is a little too much? Or too little depending on how you look at it...

madrid mm 14:43 GMT May 1, 2007 Reply   
plus we have Benny Speaking later on fwiw

moscow mike 14:43 GMT May 1, 2007 Reply   
key day reversal for $?...

USA Zeus 14:41 GMT May 1, 2007 Reply   
Mah MOOD- Took USD/CAD 1.1092 for +30 piptohlas

London NYAM 14:40 GMT May 1, 2007 Reply   
QC JUANZP1 14:37 GMT May 1, 2007
Buy gbpusd at 1.9990. what do u think guys
I think you can get better or at least only stake some. This should try and test 1.9960.

Van jv 14:37 GMT May 1, 2007 Reply   
May 1 (Bloomberg) -- An index of pending sales of existing homes in the U.S. unexpectedly fell to the lowest level in four years in March, signaling the real-estate slump may linger as prospective buyers hold out for lower prices.

The index of signed purchase agreements, or pending home resales, fell 4.9 percent to 104.3, the lowest since March 2003, after a revised 1.1 percent gain in February, the National Association of Realtors said today in Washington. The index was down 10.5 percent from March 2006

tokyo ginko 14:37 GMT May 1, 2007 Reply   
120 we may see it break tonight

QC JUANZP1 14:37 GMT May 1, 2007 Reply   
Buy gbpusd at 1.9990. what do u think guys?

madrid mm 14:35 GMT May 1, 2007 Reply   
UK Alex 14:25 GMT May 1, 2007
..or sell indeed 8-)

moscow mike 14:34 GMT May 1, 2007 Reply   
moscow mike 10:54 GMT May 1, 2007
short cable 0045, stp 0095 for a swing trade
=============
covered half +40.

USA Zeus 14:30 GMT May 1, 2007 Reply   
moscow mike 14:19 GMT May 1, 2007
Thx neighbor!

Mah Mah MOOD- Took a little heat off at 1.1083 for +22

UK Alex 14:25 GMT May 1, 2007 Reply   
madrid mm 14:22 GMT May 1, 2007
With so many people 'away', it makes you wonder who is buying or does it.

NYC beyond_destiny 14:24 GMT May 1, 2007 Reply   
still range bounding...

swissie serves as key indicator...Rs @ 1.121/1.124/1.128

daily close above R3 will signal reversal

madrid mm 14:22 GMT May 1, 2007 Reply   
fwiw most of EU is closed so it might make moves slighly "strange"....

PAR 14:21 GMT May 1, 2007 Reply   
As expected pure market manipulation by japanese Omi and Kampo .

PAR 14:21 GMT May 1, 2007 Reply   
As expected pure market manipulation by japanese Omi and Kampo .

tokyo ginko 14:20 GMT May 1, 2007 Reply   
the beginning of usd correction ?

Fairfield JC 14:20 GMT May 1, 2007 Reply   
Well I guess the main focus for the rest of the week will be NFP on Friday. That might have some sway in whether ppl get scared out of their short USD spots. Slowly but surely USD is coming back, if might not be reactiing to the good news but ppl will get the picture soon. Good Trading everyone.

madrid mm 14:19 GMT May 1, 2007 Reply   
NYC maybe this is 1 reason
May 1 (Bloomberg) -- An index of pending sales of existing homes in the U.S. unexpectedly fell to the lowest level in four years in March, signaling the real-estate slump may linger as prospective buyers hold out for lower prices.

The index of signed purchase agreements, or pending home resales, fell 4.9 percent to 104.3, the lowest since March 2003, after a revised 1.1 percent gain in February, the National Association of Realtors said today in Washington. The index was down 10.5 percent from March 2006.

moscow mike 14:19 GMT May 1, 2007 Reply   
USA Zeus 13:39 GMT May 1, 2007
Bought USD/CAD 1.1051's
------------------
Great pickup off the bottom, neighbor!

USA Zeus 14:18 GMT May 1, 2007 Reply   
Intraday Cycle indicator says USD about to shine soon

UK Alex 14:18 GMT May 1, 2007 Reply   
NYC beyond_destiny 14:14 GMT May 1, 2007
Everbody was so focused on the good news that they missed the bad news.

NYC beyond_destiny 14:14 GMT May 1, 2007 Reply   
USD is struggling to gain ground with positive news...

Parisj Van Java Kwang 14:14 GMT May 1, 2007 Reply   
2.0023 if breakout may see 1.9993

hk ab 14:13 GMT May 1, 2007 Reply   
I dunno anything with japanese but I know that PAR is a good indicator of yen weakness. I will buy dips when Par supports that :D

madrid mm 14:11 GMT May 1, 2007 Reply   
i am not fluent in Japanese PAR 8-(

USA Zeus 14:11 GMT May 1, 2007 Reply   
Halifax CB 13:58 GMT May 1, 2007
Thx for the info. GL with the filter!

New USD/CAD building block cost = 1.1061.

PAR 14:10 GMT May 1, 2007 Reply   
Never listen to finace ministers and especially not to the Japanese finance minister .

hk ab 14:08 GMT May 1, 2007 Reply   
delayed action?

Makassar Alimin 14:07 GMT May 1, 2007 Reply   
adding usdjpy short here 119.35

London NYAM 14:05 GMT May 1, 2007 Reply   
Strange reaction. I would have expected real sweep out of dollar shorts on cable and Eur with a bid for 120 on jpy.

Syd 14:03 GMT May 1, 2007 Reply   
US ISM Apr Mfg Business Index 54.7 Vs Mar 50.9
US ISM Apr Mfg Business Index Expected 51.0
US ISM Apr Prices Index 73.0 Vs Mar 65.5
US ISM Apr Employment Index 53.1 VS Mar 48.7
US ISM Apr Production Index 57.3 Vs Mar 53.0
US ISM Apr Inventories 46.3 Vs Mar 47.5

tokyo ginko 14:01 GMT May 1, 2007 Reply   
whos talking the USD?

Halifax CB 13:58 GMT May 1, 2007 Reply   
Hi Zeus - I had to ask GVI to remove my 13:45 post because I messed up the link. But in it I mentionned I would close the 1 open short I had if it failed at the 1.1050 mark. (which it did, at least on the 15 minutes). I am, above all, a chicken :)

FWIW, I'm off to play with the filter; I want to see if I can get a better estimate of the trend line by looking at recent prediction performance. This is similar to what weather predictors do, so I hold out similar expectations for non-performance :)

Mtl JP 13:56 GMT May 1, 2007 Reply   
event risk
14:00GMT - Apr ISM mrkt: 51.0 last: 50.9.

It is an "activity" index, fwiw.

NYC beyond_destiny 13:55 GMT May 1, 2007 Reply   
closed half euryen short..s/l moved to 163.05

Market seems lack of liquidity...

NY tim 13:55 GMT May 1, 2007 Reply   
data will be USD possitive :)

PAR 13:54 GMT May 1, 2007 Reply   
Only reason for carry trades to unwind is higher interest rates on CHF and JPY and just that is opposed by the Swiss and Japanese finance ministers . So do not understand why they should be concerned about the carry trades and keep sending warnings .

USA Zeus 13:49 GMT May 1, 2007 Reply   
Halifax CB 11:49 GMT May 1, 2007

CB- Thx a lot! Much appreciated. :-)
GT!

Halifax CB 13:48 GMT May 1, 2007 Reply   
My current $Cad chart: LINK.

CT Cris 13:44 GMT May 1, 2007 Reply   
gbp.usd may be shorted after 1500 gmt.

Monaco Oil man 13:41 GMT May 1, 2007 Reply   
People have been seeing the cad bottom out for a few thousand pips..

I do remember back in september i bought a 1.1093 call $/CAD which worked pretty well , 2 month later...

But before even trying it has to establish a base...It's not doing so, it's breaking down every support.

Mtl JP 13:41 GMT May 1, 2007 Reply   
Purk 13:29, loon being playful testing yesty's low.

mos vas 13:40 GMT May 1, 2007 Reply   
Carry trade unwind, or they just look for volatility and put another trap for short yen buyers?

USA Zeus 13:39 GMT May 1, 2007 Reply   
Bought USD/CAD 1.1051's

CANBERRA JD 13:35 GMT May 1, 2007 Reply   
Interested to actually see a reason for people testing the trendlines on some of the pairs.

The Netherlands Purk 13:29 GMT May 1, 2007 Reply   
Well the Loonert is being hit again, orders are set i guess. Lets see where NN is situated.
I thought that Cris was gone here, i read something about ego in a post from a lady here, maybe something for him?

In exactly 1,5 hours we know if e/u will hit the 137.
Low in usd/cad can be seen at 11022ish, if that is broken we might get the same scen as yesterday... boring yes but very nice for shorters...

London NYAM 13:27 GMT May 1, 2007 Reply   
GBPJPY looks ripe for a big correction.

London Gooner 13:26 GMT May 1, 2007 Reply   
Gold in 4H head/shoulder - heading for neckline 670.
Break targets 655 area.
May transpose into some $ support if happens.

PAR 13:25 GMT May 1, 2007 Reply   
Omi is only trying to create a USDJPY buying opportunity for Kampo. Never listen to central bankers and finance ministers .

CT Cris 13:24 GMT May 1, 2007 Reply   
Parisj Van Java Kwang 13:20 GMT May 1, 2007
===
we`are in uptrend..just buy after each dip.

Parisj Van Java Kwang 13:20 GMT May 1, 2007 Reply   
Yes I see. and 2.0074 it's 78.6% from 2.0131 to 1.9863.Cris your comment?

Gen dk 13:17 GMT May 1, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

CT Cris 13:16 GMT May 1, 2007 Reply   
I hope you understood very well what I meant by short to be only if breaks 20010..if not see the chart.

hk ab 13:16 GMT May 1, 2007 Reply   
bkk, is today still a buy on dips for dlr/jpy?

London NYAM 13:15 GMT May 1, 2007 Reply   
JP// "Special" as in special Olympic special.

Cris//My father is your neighbor. Tunisia is the next best thing for an exile next door and I love fish.

Anybody get the figures for ISM?

Dallas GEP 13:14 GMT May 1, 2007 Reply   
In on Euro shorts off order, target 1.3610

madrid mm 13:14 GMT May 1, 2007 Reply   
fwiw - Dark liquidity pools make a splash with US traders -
Challenge is on for banks to develop new trading tools for clients

For the past 18 months, dark liquidity has been the buzz phrase among the US trading fraternity. Getting access to trading venues that do not quote prices publicly – the so-called dark liquidity pools – has been driving the evolution of a new range of trading tools.

http://www.financialnews-us.com/?page=ushome&contentid=2347636817

Syd 13:13 GMT May 1, 2007 Reply   
The yen climbed across the board as Japanese and Swiss finance ministers comment on carry trade risks. While the Swiss finance minister has so far said the SNB is aware of carry risks and is watching carry trade developments, Japanese finance minister Omi reiterated that currencies should reflect economic fundamentals.

Syd 13:06 GMT May 1, 2007 Reply   
Japan Fin Min: Currencies Should Reflect Econ Fundamentals
Free Mkt Very Good At Reflecting Fundamentals
Swiss Fin Min: Swiss Watching Carry Trade Developments
Govt, SNB Aware Of Carry Trade Risks

CT Cris 13:00 GMT May 1, 2007 Reply   
London NYAM 12:57 GMT May 1, 2007
Cheers. Beautiful place. Gglgt :)

====
once I may invite you to the best fish resturant at Gammart.
the best one in the world.

Mtl JP 13:00 GMT May 1, 2007 Reply   
NYAM 12:42 / forum member's location nearly not as important as not revealing one's buy/sell intention when calling one's own dealer for a quote. That you "have to manually call an institution and get their in house trader to give me a quote after insisting i give direction as if not to is a failure of trust on my part" is - I don't how to put it - well, special relationship indeed.

London NYAM 12:57 GMT May 1, 2007 Reply   
Cheers. Beautiful place. Gglgt :)

CT Cris 12:46 GMT May 1, 2007 Reply   
London NYAM 12:42 GMT May 1, 2007
Im trying Cris. Are you going to spill location or is that propriat
===it is cartage in Tunis

Syd 12:46 GMT May 1, 2007 Reply   
Do not put all your eggs in emerging markets basket
LINK

moscow mike 12:46 GMT May 1, 2007 Reply   
looks like KIWIYEN is set for a BIG move.

London NYAM 12:42 GMT May 1, 2007 Reply   
Im trying Cris. Are you going to spill location or is that propriatry? ;)

CT Cris 12:39 GMT May 1, 2007 Reply   
London NYAM 12:34 GMT May 1, 2007
Carthage Tunisia?!

London NYAM 12:38 GMT May 1, 2007 Reply   
Thanks misha and mm my broker finally came through.

London NYAM 12:37 GMT May 1, 2007 Reply   
Limit p/t executed at 2.0060 (fib extensions were aiming at 2.0069) out for 122 pips.

London Misha 12:37 GMT May 1, 2007 Reply   
2.0067 I have as well

madrid mm 12:36 GMT May 1, 2007 Reply   
gbp/usd 2.0067 here....

London NYAM 12:34 GMT May 1, 2007 Reply   
Carthage Tunisia?!
Cockburn Town, Turks and Caikos?!!
Caspian Sea, Turkemnistan?!!!
Caroni Bird Sanctuary, Trinidad and Tobago?!!!
Anybody got trade bid high on GBP? I have 2.0066.

Makassar Alimin 12:07 GMT May 1, 2007 Reply   
well, they can keep manipulating usdjpy but to me it looks tired

Sofia mik 12:03 GMT May 1, 2007 Reply   
Al Qaeda in Iraq leader killed: Interior Ministry-reutr

GVI john 12:01 GMT May 1, 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

01-May-07							
	EUR/USD	USD/JPY	USD/CHF	GBP/USD	USD/CAD	EUR/GBP	EUR/JPY
 	1.3633	119.59	1.208	2.0013	1.1087	0.6811	163.02
High	1.3661	119.69	1.21	2.0036	1.1108	0.6828	163.31
Low	1.3626	119.37	1.2061	1.9988	1.1078	0.6811	162.86
							
Simple mva	 						
5 day 	1.3633	119.41	1.2025	1.9919	1.1110	0.6810	162.09
10 day	1.3614	119.00	1.2025	1.9952	1.1167	0.6792	161.23
20 day 	1.3532	119.12	1.2080	1.9839	1.1291	0.6788	160.43
50 day 	1.3359	118.41	1.2126	1.9610	1.1498	0.6776	157.37
100 day	1.3203	119.16	1.2222	1.9569	1.1584	0.6713	156.67
200 day	1.3004	118.09	1.2282	1.9234	1.1408	0.6725	153.01

London NYAM 11:59 GMT May 1, 2007 Reply   
Chiang Mai, Thailand?

Halifax CB 11:49 GMT May 1, 2007 Reply   
Zeus, if you are around - just picked up 1 short at 1.1085, (as it seems to be failing, at least st, at the center line), main entry set for 1.1135, last at about 1.1160, SL at 1.1202 (may move this up around usual spike times, data releasess and NY lunch). All less about 1 pip/hr. May get hammered, may not :)

Neatherlands Luke Lurkson 11:39 GMT May 1, 2007 Reply   
St. Annaland Bobbit 11:33 You are welcome George, if you are missing the needed, I can always help.

Melbourne Qindex 11:36 GMT May 1, 2007 Reply   
USD/CAD : As long as the market is trading below 1.1231, the odds are in favor of heading towards 1.0979 - 1.1018.

St. Annaland Bob 11:33 GMT May 1, 2007 Reply   
Neatherlands Luke Lurkson 11:31 GMT May 1, 2007

lol ... nice to see you Martin ... thanks for adding the needed

Neatherlands Luke Lurkson 11:31 GMT May 1, 2007 Reply   
St. Annaland Bobbit 11:14 GMT To be fair Bob, you must issue the same advice to the people who always attack Chris, eg Pip Van Winkle and Co.

London NYAM 11:31 GMT May 1, 2007 Reply   
Tianjin, China

Mtl JP 11:30 GMT May 1, 2007 Reply   
NYAM 22:18 / "i am told that if i want to get the best price i should tell him direction" - pray tell:

1) who told you that ? and...
2) have you tested that ?

CT Cris 11:24 GMT May 1, 2007 Reply   
Parisj Van Java Kwang 08:11 GMT May 1, 2007
CT.Cris
hello Cris how are you?
I Will LO at 1.9965 and Stop at 1.9940.how about your see
=====
only to be shorted if breaks 20010.

Melbourne Qindex 11:24 GMT May 1, 2007 Reply   
EUR/CHF : The market is very strong and the next targeting level is 1.6650.

Dallas GEP 11:23 GMT May 1, 2007 Reply   
Order waiting to short euro at 1.3660

St. Annaland Bob 11:14 GMT May 1, 2007 Reply   
CT Cris 11:09 GMT May 1, 2007

ok, it's about time for you to act as a man ... your calls format is very simple and even a donkey can understand it ... no need for you to enter long discussions about your calls/method as it's really not rocket science ... let your calls/method to speak for itself and leave the zoo out of here ... be sure that your face being donkey or not is not the issue as your calls being right will make almost any lady to see you as butterfly ... go and trade now!

London NYAM 11:13 GMT May 1, 2007 Reply   
Just curious: where is CT? Cape Town?

CT Cris 11:09 GMT May 1, 2007 Reply   
Perth Randall El 03:55 GMT May 1, 2007
AZUSA 4x-ed 03:47 GMT May 1, 2007

Thank you. Was looking for the Cris's donkey site that he regulary mentions in his posts. He has nice self portrait there.

===
be sure next time that you were looking at the mirror not at
my site.

GVI john 11:04 GMT May 1, 2007 Reply   
GVI Calendar of selected key economic data, central bank meetings, etc....

Dallas GEP 10:57 GMT May 1, 2007 Reply   
Short term I like GBP short from 2.0080. euro short from 1.3660, KIWI short from 7440 gbp.jpy short from 240.00

moscow mike 10:54 GMT May 1, 2007 Reply   
short cable 0045, stp 0095 for a swing trade

Monaco Oil man 10:46 GMT May 1, 2007 Reply   
Meant Rising vs the US$ ...NOt vs the EURO , as $ is falling obviously;)

Monaco Oil man 10:45 GMT May 1, 2007 Reply   
Back when 1.40 broke to the upside on GBP$ , some of you might remember (this is lost in the archives) I had a magic line, which broken would make 1.90..

Now we're at 2.00 , frankly the only thing that could stop the ccy from rising vs the EURO is going to come via politics , markets themselves have long since chosen which way they want to go.

Dallas GEP 10:42 GMT May 1, 2007 Reply   
DP , well I would say there is a 50/50 shot of eur/gbp longing from figure, BAsed on that I am taking prfoit on HALF my shorts and rest have stop at breakeven

GENEVA DS 10:41 GMT May 1, 2007 Reply   
absolutely... GOLD can go to inflation adjusted usd 2000.-- , not all the people would be unhappy....

St. Annaland Bob 10:38 GMT May 1, 2007 Reply   
GENEVA DS 10:36 GMT May 1, 2007

why not? ... if gold went back to the early 80's then also USD/DEM(EUR) can do that

GENEVA DS 10:36 GMT May 1, 2007 Reply   
OIL MAN probably the only bear on USDCAD , so he might be right once again.... too many people in the FOREX world still are dreaming about USD to rise and surprise everybody... it will probably come one day... why not first 1.75 EUROUSD or for exampe 195 EURJPY or 2.60 GBPUSD or 1.10 AUDUSD.... or 140 CADJPY etc etc etc..... gl gt

Brisbane JAF 10:05 GMT May 1, 2007 Reply   
RBA 99% to leave unchanged

madrid mm 09:38 GMT May 1, 2007 Reply   
TOKYO (Reuters) - Japan's Financial Services Agency (FSA) said on Tuesday it will begin monitoring hedge funds operating in Japan, seeking to ward off potential turmoil in financial markets. Click here

pd cumino 09:35 GMT May 1, 2007 Reply   
I doubt USD CAD will go to 1 directly i.e. without a (robust)retracement not too much far from here.
Residuals on valuation metrics are already starting to be a bit stretched and personally I doubt they can exceed 0.04 unless oil will jump much higher or fwrd rate spreads will explode.
Only my modest opinion of course.

madrid mm 09:34 GMT May 1, 2007 Reply   
Oil man this KIWI bird helped you to buy this big yacht yet ?!?! 8-)

St. Annaland Bob 09:20 GMT May 1, 2007 Reply   
oilman, month to month looks even more promising

Monaco Oil man 09:16 GMT May 1, 2007 Reply   
Only 1000 pips to go on the 1.0 $/CAD target..

Goes pretty fast week to week.


gl gt

Monaco Oil man 09:15 GMT May 1, 2007 Reply   
Only

Kaunas DP 09:04 GMT May 1, 2007 Reply   
GEP, do u think EUR/GBP will long from here - TIA

Como Perrie 08:55 GMT May 1, 2007 Reply   
NYC beyond_destiny 08:48 GMT May 1, 2007

Yeap ..lotsa cooking around, they do say concerned markets next weeks. Finally a reasonable trade, be It profitable or not, explained behind the classic numberologists battles here.

Am taking off into US..market is very illiquid currently bibi

NYC beyond_destiny 08:54 GMT May 1, 2007 Reply   
what anti-carry-traders need now is just a trigger...it remains the quick profit in short-selling of US stocks in early 2Ks...

madrid mm 08:54 GMT May 1, 2007 Reply   
what is the consensu for the RBA decision tonight ?
Unchanged i take it .

NYC beyond_destiny 08:48 GMT May 1, 2007 Reply   
sold euryen @ 163. 18 s/l 20 pip

initial t/p 163.5 break of 163 could estabish short-term bear signal and t/p 160

The instability of turkish lira, new high of cny fixing (seems sharp down movement is underway within next two weeks), coming result of French election, directionless NZD by RBNZ warning, and most major and crosses hovering decade-high...It's a great indication that market will adjust itself sooner than later.

Parisj Van Java Kwang 08:34 GMT May 1, 2007 Reply   
Perth Randall El 08:26 GMT May 1, 2007
gbp.usd

I will LO to long at 1.9960 but if 2.0045 breakout at10.00 am GMT buy

madrid mm 08:32 GMT May 1, 2007 Reply   
what is the consensu for the RBA decision tonight ?
Unchanged i take it .

Perth Randall El 08:26 GMT May 1, 2007 Reply   
gbp.usd
=========
Sell now 2.0020
Sell again if rise every 30 pips to 2.0110

AZUSA 4x-ed 08:17 GMT May 1, 2007 Reply   
madrid mm 08:08 GMT May 1, 2007 || mucho gusto. EURCHF may warrant a watchful eye at this level too, imo.

Syd 08:12 GMT May 1, 2007 Reply   
MARKET TALK: Last Chance Saloon For Carry?

Are carry trades at risk from US payrolls? BNP Paribas says if weak numbers steepen the US yield curve that could well be the case. The bank argues that until now the US economic slowdown, led by the residential housing market, has been autonomous with little spill over effect. But, once consumption slows then other economies will be affected. "At that point global risk appetite will be dampened, putting carry trades at risk," the bank says. "Slowing US consumer demand should also steepen the US yield curve, which we view as a precondition for carry trades coming off," the bank adds.

Parisj Van Java Kwang 08:11 GMT May 1, 2007 Reply   
CT.Cris
hello Cris how are you?
I Will LO at 1.9965 and Stop at 1.9940.how about your see?

madrid mm 08:08 GMT May 1, 2007 Reply   
AZUSA 4x-ed 07:59 GMT May 1, 2007

thank u

BUD Petr 08:07 GMT May 1, 2007 Reply   
seems you're in love w/ fish&chips :-) I didn't dare to try myself but only a look at this 'meal' makes me sick :-)

Como Perrie 08:01 GMT May 1, 2007 Reply   
censored stays for h ell

Como Perrie 08:00 GMT May 1, 2007 Reply   
Just looking at a funny joke that applies well to the euro as well :))


Heaven is a place where the police are English; the chefs are Italian; the car mechanics are German; the lovers are French and it's all organized by the Swiss.

censored is a place where the police are German; the chefs are English; the car mechanics are French; the lovers are Swiss and it's all organized by the Italians.

AZUSA 4x-ed 07:59 GMT May 1, 2007 Reply   
madrid mm 07:43 GMT May 1, 2007 || Pennant - upper boundry of ~1.235 & lower ~1.202 (better view on weekly). Ascending Triangle ~ 1.211

St. Annaland Bob 07:49 GMT May 1, 2007 Reply   
guys, if you will stop trashing trishit's inbox he may have the time to go out and visit the people with mortgages turning into snowball, then he will act for sure

madrid mm 07:46 GMT May 1, 2007 Reply   
Sofia mik 07:40 GMT May 1, 2007
go on !! Don t be shy !!! 8-) I will help you with the begining of the letter
" Mon tres cher ami M Trichet, comment allez vous en ce 1er mai 2007...."

madrid mm 07:44 GMT May 1, 2007 Reply   
usd/chf that is

madrid mm 07:43 GMT May 1, 2007 Reply   
i am curious and purely on a technical analysis, but on the daily ud/chf , isn t it a Triangle forming ?

Sofia mik 07:40 GMT May 1, 2007 Reply   
mm , we can ask : [email protected]

Gen dk 07:39 GMT May 1, 2007 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Sofia mik 07:39 GMT May 1, 2007 Reply   
mm: hahahaahaaa

madrid mm 07:38 GMT May 1, 2007 Reply   
Sofia mik 07:33 GMT May 1, 2007

what makes you think he can read ? LOL 8-)

Sofia mik 07:33 GMT May 1, 2007 Reply   
seems like mr. Trishe read my question.. hahaa

Bangkok bkk 07:11 GMT May 1, 2007 Reply   
IMHO..

EUR/USD still bullish:
I will buy on dips to around 1.3615-25 if see again.

For now, only hold long USD/JPY @ 119.35 with target around 120.35-45 and long USD/CHF @ 1.2050 with target around 1.2100 - 110

GL. & GT.

Syd 06:54 GMT May 1, 2007 Reply   
P Reports Increase In Arrears On Aust Residential Mortgages
MELBOURNE (Standard & Poor's) May 1, 2007--Residential mortgage loans underlying prime Australian residential mortgage-backed securities (RMBS) transactions that are in arrears by more than 30 days increased by three basis points to 1.28% in February 2007, according to statistics published today by Standard & Poor's Ratings Services.

The report, Australian RMBS Arrears Statistics, for the month ending Feb. 28, 2007, provides a comprehensive analysis of arrears statistics on loans underlying Australian RMBS. Residential mortgage loans funded through RMBS exceed $152 billion, which is a substantial portion of the residential mortgage market in Australia Prime residential mortgage loans more than 90 days in arrears held steady at 0.43% in February 2007. This equals the highest level ever recorded.

Kaunas DP 06:32 GMT May 1, 2007 Reply   
longed USD/JPY 119.57 for 120.47

Sofia mik 06:29 GMT May 1, 2007 Reply   
add more:
The automotive industry is often described as "the engine of Europe" because of its economic and social importance and the historical role it has played in the development of the continent. The European automotive industry forms the economic backbone of Europe because, the sector generates significant activity for other industries such as components, electronics, informatics, telecom, logistics and future important sectors like health care technology. The European automobile industry contributes to the strength and competitiveness of Europe through fiscal revenue, external trade, research and innovation.

Sofia mik 06:28 GMT May 1, 2007 Reply   
from :www.acea.be


The European automobile industry: essential for Europe

The automobile industry is one of the largest manufacturing sectors in Europe.

Cars and commercial vehicles have revolutionised life styles and stimulated far-reaching advances in science and engineering throughout the twentieth century. They have made huge impacts not only on transportation, mobility and access but also on technical developments, giving rise to secondary benefits in other fields. They have encouraged innovation and enhanced social prosperity, welfare, quality of life, economic growth and leisure activities.


----------------------------------------------
I wonder what will hapens if euryen is staying on this lvl or higher next 1yor 2 with eurocars

madrid mm 06:16 GMT May 1, 2007 Reply   
omething to bear in mind latter onin GMT
15:00 USD Fed Bernanke speaks
15:00 CAD BoC Dodge speaks

madrid mm 05:45 GMT May 1, 2007 Reply   
Very low flow day in Asia lacking several major centres. Tokyo back in action but not to any fanfare, Yen generally offered but essentially USD/JPY trades 10pips either side of Y119.50.

Some commercial demand into Tokyo fix sees fix of Y119.57 just about on day high. Some (spec.) EUR/JPY demand seen.

Japan total cash earnings -0.4% yr/yr in March down from -0.1% in Feb. Overtime earnings -0.4% y/y, first negative for 4 ½ years.

EUR/USD supported mostly by EUR/JPY demand but some direct speculative interest on dips to EUR1.3625, with plenty of interest down nearer the figure. Interbank offers in 1.3655-65 band ahead of rumoured options triggers either side of last Friday's 1.3680(ish) all time high.

UK Times says RBS preparing to launch (EUR72bn) bid for ABN and EUR21bn bid for La Salle bank on Friday.

AUD/USD and NZD/USD very quiet, latter maintaining softer tone established in New York, leaking lower just beneath 0.8300. Speculative interest in selling AUD/NZD on approaches to 1.12 one negative influence.

M+A news includes increasing doubts on whether Cemex's bid for Rinker will prevail. UK's Tesco reportedly interested in Coles but media suggest Tesco shareholders may not countenance a large Australian acquisition. Singapore's GIC pays A$717mn for 50% of Westfield Parramatta shopping centre.

AIG Apr Manuf. PMI -0.7pts to 51.7.

Nikkei and JGBs:

JGBs jumped on the re-open following intervening UST gains but lost ground as Nikkei losses (-1.1% early on) were pared to 0.75% @ 05:30gmt. JGB future +0.17 to 134.53. 10yr cash yield -0.01 to 1.61%.

madrid mm 05:38 GMT May 1, 2007 Reply   
+ fwiw i expect narrow ranges to persist today through Europe and North America.... But Expect the bla bla bla bla bla ....8-)

madrid mm 05:32 GMT May 1, 2007 Reply   
St. Annaland Bob 05:22 GMT May 1, 2007

...with their chinese counterparts 8-)

St. Annaland Bob 05:22 GMT May 1, 2007 Reply   
madrid mm 05:11 GMT May 1, 2007

yeap, seems japs. buy more Spanish coastal property

CANBERRA JD 05:13 GMT May 1, 2007 Reply   
Anyone watching the aussie today? Seems its making a slow wedge, a break of todays low will break the formation, and I will be up in the clouds with happiness.

madrid mm 05:11 GMT May 1, 2007 Reply   
....meanwhile the euro/yen is back circa its high !!

madrid mm 05:10 GMT May 1, 2007 Reply   
GM DX Jedi , last week's durable goods data for March seemed to have improved the outlook for the manufacturing sector, but flat readings in today's ISM report for April would raise new doubts for the slow landing/recovering/etc...

Alaska Moon 04:12 GMT May 1, 2007 Reply   
dc CB 03:25 GMT May 1, 2007
=========
Same "gloom and doom" story I have seen every since I started trading...

texasbp 04:08 GMT May 1, 2007 Reply   
randall is back ...

dc CB 03:55 GMT May 1, 2007 Reply   
AZUSA 4x-ed 03:47 GMT May 1, 2007

yeh I know. I just like the 6AM, Tai Chi and watercress soup line.

Perth Randall El 03:55 GMT May 1, 2007 Reply   
AZUSA 4x-ed 03:47 GMT May 1, 2007

Thank you. Was looking for the Cris's donkey site that he regulary mentions in his posts. He has nice self portrait there.

CANBERRA JD 03:47 GMT May 1, 2007 Reply   
Interesting. But the tsunami that is, could it possibly be that US strength? Or shall it be the asian markets demolishing the US? Who knows? We could be in for a surprise.

AZUSA 4x-ed 03:47 GMT May 1, 2007 Reply   
CB, even more cheerful articles at: http://goldenjackass.com/main5.html

The message hasn't changed in 3-5 years, so nothing new imo.

dc CB 03:25 GMT May 1, 2007 Reply   
note the third paragraph.

America for Sale

Perth Randall El 03:24 GMT May 1, 2007 Reply   
usd.jpy
========
120 is coming


usd.cad
========
1.13 is coming

Sofia mik 03:05 GMT May 1, 2007 Reply   
RPT-Venezuela says to withdraw from IMF, World Bank

http://www.reuters.com/article/bondsNews/idUSN3047345020070501
sorry i try to make a link but failure

hk ab 02:13 GMT May 1, 2007 Reply   
jf//what do you see dlr/cad and dlr index from this point, mid-term? TIA

Syd 01:59 GMT May 1, 2007 Reply   
Watch Carry Trades On Turkey Woes - UBS


Carry trades have remained steady but market may stay nervous given still-uncertain outlook in Turkey, says UBS; notes ZAR, TRY ended above lows while stock markets outside Turkey were only slightly lower, showing little sign of contagion from 4% fall in Turkish stock index. "So far this does not seem to be contributing to broader risk aversion, with global equity markets in positive territory and major currency carry trades holding up well, but we would watch for potential spillover, which could lead to dollar-supportive flows as U.S. equity investors cut back on overseas holdings."

USA Zeus 01:59 GMT May 1, 2007 Reply   
Halifax CB 01:57 GMT May 1, 2007
CB- Thx appreciate the signal if/when cicumstances permit.
cheers.

USA Zeus 01:57 GMT May 1, 2007 Reply   
USA Zeus 01:39 GMT May 1, 2007
My bad MOOD- meant to say +40 taken at 1.1106

Halifax CB 01:57 GMT May 1, 2007 Reply   
Well, far be it from me to step into this gender tiff, but Zeus as you asked earlier my re-entry level is currently a little over 1.115, and falling at about 1 pip an hour. My best re-entry looks to be about 30 pips up from there and falling at about the same rate. If I'm around when it gets in that region, I'll post it the details. GL/GT...

ldn pw 01:43 GMT May 1, 2007 Reply   
USA Zeus 01:34 GMT May 1, 2007
ldn pw 01:24 GMT May 1, 2007

A small apology to ladies would have been sufficient for your patronising earlier comment but I guess you are one of those uncouth testorone fired individuals who make your gender look like complete and utter prats. Goodnight and apologies to the decent posters on this forum.

USA Zeus 01:39 GMT May 1, 2007 Reply   
Seems as if the Moon phase changes more than the tide.

For Mah Mah MOOD- Took a little more heat off USD/CAD 1.1106 for +30

USA Zeus 01:34 GMT May 1, 2007 Reply   
ldn pw 01:24 GMT May 1, 2007
Your MOODy gender comments seem just as unsavoury.

hk ab 01:31 GMT May 1, 2007 Reply   
cad range is expanding.

would like to see 1.1141 touch before exit the long.

ldn pw 01:24 GMT May 1, 2007 Reply   
USA Zeus 19:56 GMT April 30, 2007
The Netherlands Purk 19:30 GMT April 30, 2007
I guess MacMOOD is having her time of the month!

As a lady on the forum I found the above comment both unnecessary and unsavoury. It is your 'man egos' that are the problem so leave us ladies alone and sort out your own hormonal problems without recourse to insulting the opposite sex ..........

CANBERRA JD 01:05 GMT May 1, 2007 Reply   
USD gains will be accelerated by a carry unwind no doubt. So should the majors decide to go that way, I would say usd/jpy will head down. But no where near as much as the others.

Fairfield JC 00:57 GMT May 1, 2007 Reply   
My only question is when the USD does gain will the USD/JPY still continue up? and will that keep dragging the GBP/JPY and EUR/JPY? Cause I am more than ready to short the other two. What are your thoughts or anyone else who might have any insight? TIA

USA Zeus 00:36 GMT May 1, 2007 Reply   
Fairfield JC 00:23 GMT May 1, 2007
JC- LOL! Will be legendary IMO. GT! :-)

Fairfield JC 00:23 GMT May 1, 2007 Reply   
Zeus.....I am the one who told you that the USD weakness is coming to an end d*amn it!!!! Just kidding, but I feel that we are both on the same track, or should i say on the other side of tha boat which I like to say is where all the big players are located but havent made their move yet. Enjoy the coming weeks as will I.....Long live the USD but not lets say our deranged government. GL GT!!!

USA Zeus 00:14 GMT May 1, 2007 Reply   
LT USD weakness coming to and end then it will remind us all that everything is cyclical...Be afraid, be very afraid or be prepared, be very prepared...

Melbourne Qindex 00:12 GMT May 1, 2007 Reply   
USD/CAD : The market has good potential to tackle the barrier at 1.1021 // 1.1045 again. The current expected trading ranges are ... 1.1021 // 1.1045* - 1.1076 - 1.1092 - 1.1107* - [1.1138] - 1.1170* ...

Melbourne Qindex 00:08 GMT May 1, 2007 Reply   
USA BAY 00:05 GMT - I am not working on CAD/JPY this week.

USA BAY 00:05 GMT May 1, 2007 Reply   
Melbourne Qindex.

Could you kindly post an analysis on cad/jpy and usd/cad please. Thanks

USA Zeus 00:04 GMT May 1, 2007 Reply   
LT EUR/USD 1.1777, 1.1277, 1.0777, .9777-