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Forex Forum Archive for 03/25/2009

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canmore 22:18 GMT March 25, 2009
GBP/USD
Reply   
Thank you ARRAN JF, and London Gonner

Arran JF 22:09 GMT March 25, 2009
GBP/USD

Sorry, that should have been 1.4533

Atlanta South 22:08 GMT March 25, 2009
Post 21:24
Reply   
Bobl,
Tks for the heads up on the E/$. Another informative post as usual. GT

London Gooner 22:06 GMT March 25, 2009
GBP/USD

I had 1.4523/55 quote on my screen when that happen. Spike
has gone from chart now though.

Arran JF 22:06 GMT March 25, 2009
GBP/USD

I have a low of 1,4553 on Alpari platform

canmore 22:02 GMT March 25, 2009
GBP/USD
Reply   
There was a minor little price dip in GBP/USD a few minutes ago at 21:53 GMT. I am curious what the low bid of that price dip. thank you

Lahore FM 21:59 GMT March 25, 2009
Trade Ideas

Lahore FM 18:11 GMT March 25, 2009
Trade Ideas: Reply
03/23/2009 19:04:46 FM Lahore 57
additional small sell emp entered 805.50,stops later.
--
closed half at 796.25,stops for remainder at 812.00
--
stopped on rest for no pain no gain.

HK [email protected] 21:32 GMT March 25, 2009
STRONG DOLLAR? hehehe
Reply   


EU presidency: US stimulus is 'the road to h e ll'
EU president calls Obama's plans to spend his way out of recession 'the road to h ell'

* Wednesday March 25, 2009, 3:38 pm EDT

BRUSSELS (AP) -- The head of the European Union slammed President Barack Obama's plan to spend nearly $2 trillion to push the U.S. economy out of recession as "the road to censored" that EU governments must avoid.
The blunt comments by Czech Prime Minister Mirek Topolanek to the European Parliament on Wednesday highlighted simmering European differences with Washington ahead of a key summit next week on fixing the world economy.

It was the strongest pushback yet from a European leader as the 27-nation bloc bristles from U.S. criticism that it is not spending enough to stimulate demand.

Shocked by the outburst, other European politicians went into damage control mode, with some reproaching the Czech leader for his language and others reaffirming their good diplomatic ties with the United States. The leaders of EU's major nations -- France, Britain and Germany, among others -- largely ignored Topolanek and his remarks.
................"All of these steps, these combinations and permanency is the road to censored," Topolanek said. "We need to read the history books and the lessons of history and the biggest success of the (EU) is the refusal to go this way."

San Diego bobl 21:24 GMT March 25, 2009
eur/usd
Reply   
Atlanta South.... ty for your kind words.

On the EUR/USD, imho it is in a good position to make a run at the weekly 50 sma which is currently 1.4166. We picked up some good support today from weekly and daily views. The next real test is 1.3620 area. You never know, but I just bought a small lot, which I will add to > 1.3620 on held trade, or a dip to just under the half (1.3547). I have more patience with this trade due to the set up picture. We're actually near my first entry @ 72, and it looks very possible to go there again.

One rule I always follow is......... never let a first target winner turn into a loser. Targets are fluid, and change daily according to volatility and potential market moving talks or data.

The single most important adage in trading is.........NEVER TAKE A BIG HIT on any trade for any reason. My favorite is
"traders do the same thing over and over again expecting different results".

Note: I will try to post some levels before departure for dinner date tonight, but if I don't, I'll get some stuff up in the help forum when I return.

gl/gt

Atlanta South 20:38 GMT March 25, 2009
E/$
Reply   
3600 is capping the upside for now & has offered some short/short term trade opportunities. How long will it hold?

GVI Forex john 20:16 GMT March 25, 2009
GVI Forex Analysis

Click on Hyperlinks below for Updated Charts

20:08

 USD

pips

10yr

bp

2yr

bp

Stox

 

pts

USD

 

 

2.780

14.0

0.95

8.0

 

 

 

EUR

1.3593

140

3.150

0.0

1.41

1.0

DAX

4223

36

GBP

1.4554

(105)

3.280

(5.0)

1.25

(2.0)

FTSE

3900

(11)

 

 

 

 

 

 

 

 

 

 

CHF

1.1197

(125)

2.200

6.0

0.54

1.0

SMI

4970

46

JPY

97.41

(32)

1.300

4.0

0.41

1.0

NIK

8480

(308)

 

 

 

 

 

 

 

 

 

 

CAD

1.2281

(39)

2.860

10.0

1.17

5.0

TSE

8796

(54)

AUD

0.697

22

4.450

8.0

2.88

7.0

ASX

3609

29

NZD

0.5661

47

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CNY

6.8314

10

SSEC

2292

(47)

 

DJIA

7750

90

Gold

934

8.58

HSI

13622

(288)

 

S&P

814

8

WTI

52.9

(0.65)

 

 

 

 

NAS

1529

12

San Diego bobl 19:39 GMT March 25, 2009
eur/gbp
Reply   
My stoploss on the trade is b/e @ entry. If you are in the trade, at whatever price, I feel it is prudent to take some profits and put your stop at b/e also.

This is unusual trade due to the disparities involved. I am looking for a test of this year's highs, just above 95, and if it manages to pass the test there if reached, then I think we could go to par (1.000). I'll post if action realigns and take off the table whatever is left.

gl/gt

Amman wfakhoury 19:38 GMT March 25, 2009
eur/usd
Reply   
Amman wfakhoury 19:13 GMT March 25, 2009
eur usd new style call: Reply
eur/usd
=====
sell at 13568 tp 13530 stop 13590.
sell another at 13610 tp 13540 stop 13635.

=====
as 13568 not filled..you may sell at 13610 if rise till this level.

Los Angeles cp 19:31 GMT March 25, 2009
eur/gbp

Thanks for the info Bobl. What is your current TP and SL on this Buy/Sell Eur/GBP order ?

GVI Forex john 19:26 GMT March 25, 2009
GVI Forex Analysis

NEW! GVI Forex Chart Gallery. Printable FX Charts

Click for Complete Chart Points

25-Mar-09

EURUSD

USDJPY

USDCHF

GBPUSD

USDCAD

Close

1.3566

97.27

1.1207

1.4526

1.2239

High

1.3653

98.35

1.1329

1.4717

1.2355

Low

1.3418

96.92

1.1170

1.4516

1.2221

Simple mva

EUR/USD

USD/JPY

USD/CHF

GBP/USD

USD/CAD

5 day

1.3578

96.50

1.1261

1.4547

1.2312

10 day

1.3319

97.10

1.1512

1.4305

1.2496

20 day

1.2986

97.68

1.1588

1.4177

1.2654

50 day

1.2946

93.80

1.1567

1.4277

1.2511

100 day

1.3102

93.38

1.1535

1.4623

1.2387

200 day

1.3860

99.47

1.1210

1.6533

1.1568

Atlanta South 19:23 GMT March 25, 2009
Your Post
Reply   
Bobl,
Always good to read your post. GT

San Diego bobl 19:22 GMT March 25, 2009
eur/gbp
Reply   
Took 60 pips off on half position from 16:48 post (mine actually larger b/c better entry...but, as per earlier posts, always try to put a few pips in the pocket off a trade and then have b/e stop on remainder which I will hold if not stopped.

gl/gt

Amman wfakhoury 19:13 GMT March 25, 2009
eur usd new style call
Reply   
eur/usd
=====
sell at 13568 tp 13530 stop 13590.
sell another at 13610 tp 13540 stop 13635.

Lahore FM 19:07 GMT March 25, 2009
Trade Ideas

03/25/2009 09:40:14 FM Lahore 13
2nd long in for eurnzd at 2.3977.
--
half clsoed 2.4134 now,stops to 2.3820 on the rest.

Atlanta South 19:02 GMT March 25, 2009
Your Post
Reply   
LHR-PK MAS,
Tks. Lately that what I find is working for me in these uncertain times. GT

LHR-PK MAS 18:55 GMT March 25, 2009
E/$ Short

Nice Scalping Atlanta South

Atlanta South 18:54 GMT March 25, 2009
E/$ Short
Reply   
Out of E/$ short @ 3569. These days I don't stay on board too long as I am a short term trader & hold no overnight positions. It does appear there is more downside to come.

Lahore FM 18:52 GMT March 25, 2009
Trade Ideas

03/25/2009 14:06:11 FM Lahore 10
sold audusd 0.7042.
--
half clsoed at 0.6941.stops to 0.7070 on the rest.

Belgrade Knez 18:48 GMT March 25, 2009
Money

Looks like there was no attachment.

Trying again.

London Gooner 18:44 GMT March 25, 2009
EURCAD
Reply   
Sell
Entry: 1.6740 Target: open Stop: 1.6820

Selling some right here.

Belgrade Knez 18:44 GMT March 25, 2009
Money
Reply   
In the attached file you can see how much money it is if you collect it as paper money at once.
Try to calculate how much US will spend to save their economy.

(please ignore language next to the photos as this is taken from the news paper).

Atlanta South 18:38 GMT March 25, 2009
Short E/$
Reply   
Correction short @ 3591. My Bad.

Atlanta South 18:36 GMT March 25, 2009
E/$
Reply   
Small short E/$ taken @ 3691. Stop @ 3731. TP opoen for now.

LHR-PK MAS 18:27 GMT March 25, 2009
MAS MARKETS

Small short for Eur/USD entered at 1.3595

Lahore FM 18:24 GMT March 25, 2009
EUR/USD

TH,the stop for the eurusd short is at 1.3670 bid,looking for 1.3370/75 area first.

NYC TH 18:22 GMT March 25, 2009
EUR/USD
Reply   
Lahore FM,

What is your target/stop on the EUR/USD short?

Amman wfakhoury 18:17 GMT March 25, 2009
Jay comments
Reply   
Thks alot Jay ,i will use this style as recommended by you.

Lahore FM 18:12 GMT March 25, 2009
Trade Ideas

03/23/2009 18:19:30 FM Lahore 60
epm sold 794,stops tentative at 825.00.
--
closed epm 500 short from 794 at 796.50 for minus 2.5 points.

Lahore FM 18:11 GMT March 25, 2009
Trade Ideas

03/23/2009 19:04:46 FM Lahore 57
additional small sell emp entered 805.50,stops later.
--
closed half at 796.25,stops for remainder at 812.00

Lahore FM 18:09 GMT March 25, 2009
Trade Ideas

03/24/2009 08:53:31 FM Lahore 35
03/23/2009 14:45:53 FM Lahore 26
Lahore FM 13:54 GMT March 23, 2009
Trade Ideas: Reply
small long eurgbp entered 0.9298,stops later.
--
half out at 0.9343,rest stops at 0.9260.
--
remainder stopped at 0.9260 for no loss.

--
long again 0.9265,stops at a later time.
--
half of 0.9265 closed at 0.9350 now.

GVI Forex Jay 18:07 GMT March 25, 2009
eurusd call result

Bravo Amman, you gained more credibility just now with a loss than with any winner posted.

Amman wfakhoury 18:04 GMT March 25, 2009
eurusd call result
Reply   
Amman wfakhoury 16:01 GMT March 25, 2009
eur.usd: Reply
sell now around 13544 tp 13490
stop 13580

====stop triggered for -36 pips

London Gooner 18:04 GMT March 25, 2009
EURNZD

FM.
Thanks. Should fly well for your profit this euro/kiwi.

Lahore FM 17:59 GMT March 25, 2009
EURNZD

good trade Gooner.i am in too though for larger rise.

London Gooner 17:49 GMT March 25, 2009
EURNZD

Long from 2.3775 now squared 2.3931.
Will retrade that pair later.
-
Selling eur/gbp at market 9341 (40 pips stop).

Munich peter 17:31 GMT March 25, 2009
eur.usd

Jay, John, thanks for removing these posts, so that this Forum can remain civilized.

GVI Forex john 17:24 GMT March 25, 2009
GVI Forex Analysis

Data Preview…
THURSDAY:
Far East/Europe:
EZ- Money Supply- Very important- given monetarist bent of ECB. Key number.
UK- Retail Sales- important- insight into UK economy. Seen weaker.
North America:
US- GDP- very important- final red on 4Q08 GDP. Little change likely.
US- Weekly Jobless- very important- Early economic indicator. Seen steady.
US- Nat Gas- closely followed- key inventory reading.



9:00

EZ

Feb

M3 yy

Cons: +5.6%

Last: +5.9%

9:00

EZ

Feb

M3 3mo-avg

Cons: n/a

Last: +7.0%

9:30

UK

Feb

Retail Sales yy

Cons: +2.5%

Last: +3.6%

9:30

UK

Feb

Retail Sls mm

Cons: -0.4%

Last: +0.7%

12:30

US

4Q08

GDP (final)

Cons: -6.7%

Last: -6.2%

12:30

US

Wk

Initial Claims

Cons: 640K

Last: 646K

12:30

US

WK

Cont Claims mn

Cons: 5.475

Last: 5.473

14:30

US

DOE

Nat Gas bcf

Cons: n/a

Last: -30

singapore td 17:21 GMT March 25, 2009
eurusd

viies, I guess he meant 'weak usd' when he mentioned 'strong usd' ;)..back to the old game of selling usd

tallinn viies 17:12 GMT March 25, 2009
eurusd
Reply   
Geithner says strong dollar in US interest

WASHINGTON, March 25 (Reuters) - U.S. Treasury Secretary
Timothy Geithner said on Wednesday that a strong dollar is in
the United States' interest and that there were no signs
foreign investors were tiring of buying U.S. government debt.
"I want to say this very clearly, a strong dollar is in
America's interest. We are going to make sure to pursue
policies that improve the long-term fundamentals of the U.S.
economy," he told CNBC.
Geithner said there was "no evidence" foreign investors were
losing interest in purchasing U.S. debt securities.
Earlier on Wednesday, the dollar slipped after Geithner said
he was open to a proposal by China to increase the use of IMF
Special Drawing Rights that some have seen as a suggestion they
become the world's dominant reserve currency.
Geithner said there were some signs that sustained
government efforts to stabilize the financial system were
beginning to pay off.
"We've seen a lot of adjustment across the U.S. economy,
across the global economy, and you're seeing the pace of
deterioration start to slow in some areas," he said, but added
it will take time to get over the current downturn.
In the meantime, Geithner acknowledged, more money may be
needed for a U.S. bank bailout. He said there still is money in
the $700-billion Troubled Asset Relief Program and that will be
used quickly.
"But we always said this crisis may require more resources
to deal with effectively, and we're going to make sure we work
with the Congress over time so that we can do this on a scale
that is going to bring recovery back as soon as possible," he
added.
Geithner said China, which is now the single largest buyer
of U.S. debt, was playing a "constructive" role in helping the
global economy get through the current crisis by trying to keep
its own economy performing well.
"The things they are doing to get their economy stronger, to
encourage domestic demand growth, to allow further evolution in
their basic financial framework, those things are very
important, consequential policies and we're working very
closely with them," he said.

madrid 17:02 GMT March 25, 2009
--not so breaking news---
Reply   
New slogan on the block.

" We are for a STRONG Special Drawing Rights (SDR) policy! "

CBs and Finance Ministers of the world UNITE.

A little bit of history

"In 1971, the then US Secretary of the Treasury, John Connolly told his European counterparts: the dollar is our currency but your problem."

Plus ca change....

Go long SDR, but hedge it with USD, EUROS, YEN, GBP, YUAN, and commodities.

8-)

San Diego bobl 16:43 GMT March 25, 2009
the obvious
Reply   
Look at the disconnect between euro and gbp. Kind of a no brainer to buy the eur/gbp, although I'd look for the figure to knock it down a bit first. Too late to post a price, but it's hard not to see an unusual situation and take advantage of it.

gl/gt

Perth WTR 16:18 GMT March 25, 2009
short usdchf
Reply   
Sell usdchf
Entry: 1.1228 Target: 1.08xx Stop: 1.1450

i love the prospect of usdchf going down big since it seems to be sold big time on any approach to 1.13, so entered short position, will hold this until stopped out, above 1.1450 should bring it to more neutral stance

austin gw 16:12 GMT March 25, 2009
a

I'm left wondering if that is substantially more than 1-3% of your account... either way, sorry for the loss.

Amman wfakhoury 16:01 GMT March 25, 2009
eur.usd
Reply   
sell now around 13544 tp 13490
stop 13580

singapore rs 15:50 GMT March 25, 2009
usdcad
Reply   
usdcad may go down to attack 1.2170-80 later fwiw...

San Diego bobl 15:30 GMT March 25, 2009
system results thus far
Reply   
I didn't put up my target and stops....that's a whole other deal. But basically, I usually know within 30-50 pips whether I have a good trade or not. As all on GVI side knows, I like to take something off the table asap... if I risk 30 pips, which is the case in this sloppy market, then I take 60 pips as first out. That way one first out covers the whole loss of a full size 30 pip loser (30 x 2). Once I have taken a profit, then I always put remainder at b/e.......as I said last night with usd/cad.

EUR/USD filled long @ 1..3542 ; sold half @ 1.3602 for 60 pips. 2nd half hit b/e stop. Net = +60 pips

USD/JPY filled long @ 97.82 ran 30 + pips, so trade goes to b/e if first target (60 pips) not elected. Stopped @ b/e.
Net = 0 pips

GBP/USD sold @ 1.4670; bought half @ 1.4610 for 60 pips; 2nd half stopped @ b/e. Net = 60 pips
Went long @ 1.4682, ran up only 46 pips, so stopped at b/e

USD/CAD stopped at b/e per post of long when writing post last night.

Net today: 180 pips; currently flat; like to wait at least an hour after spike and closes to see how market reacts to the first impulse.

gl/gt

dc CB 15:03 GMT March 25, 2009
a

from briefing.com:

Volatility in currencies and commodities seen following SDR headlines

The dollar and dollar-denominated commodities have seen a bit of volatility over the past half hour as comments from Treasury Secretary Geithner on the dollar have been reported on the wires. Apparently a comment from Geithner about being quite open to China's suggestion of moving toward SDR-linked currency system was taken out of context, leading to a sharp drop in the dollar. What Geithner actually said was that he hadn't read the Chinese proposal, and thought the initial reaction was ahead of the details of the proposal. Geithner noted the only thing concrete that he had seen was a reference to expanding the use of the SDR, but he looks forward to reading it. He also noted that anything the Chinese are thinking about deserves consideration, but that the dollar remains the world's reserve currency, and was likely to remain so for long time... For some background, the SDR, or Special Drawing Right, is an artificial currency used by International institutions including the IMF. The currency is generally used to settle trade balances between countries. There has been recent talk out of China and Russia about ways to replace the dollar as the world's primary reserve currency, stirring a lot of commentary about the currency ahead of the Apr 2 G20 meeting. Additionally, the UN is holding a meeting today to discuss the dollar's reserve currency status. Given these upcoming meetings and heightened focus on the status of the dollar (as well as this afternoon's bond auction), there is the possibility for continued volatility in currencies, which in turn affects dollar-denominated commodities... In the wake of today's headlines, the dollar initially dropped on the out-of-context SDR comment, but has since recovered a good portion of the pullback as the market digests the headlines. As a result, commodity futures experienced some volatility, with precious metals seeing a quick spike (gold jumped to $942.00) and crude oil bouncing off its lows. Since then, the metals have fallen back to levels seen prior to the headlines, while crude oil has jumped to session highs, at $53.86, in the wake of a bullish inventories report... Gold is currently up $6.50 to $930.20, silver is higher by $0.048 to $13.405, and crude is currently -$0.96 to $53.02 +XX.

Lahore FM 14:51 GMT March 25, 2009
Trade Ideas

Peter had the chart in mind just needed the market to move the prices.i already had one more spike up in mind for a short.gbpusd needed it and i expected rest to hitch their wagons too.for me it was at least half expected!

Haifa ac 14:50 GMT March 25, 2009
a

nyc ab 14:46 GMT March 25, 2009
a: Reply
#[email protected]#$! TG cost me 100k//

and that in first 3 weeks. Imagine what it will be in 2 years!

NYC 14:50 GMT March 25, 2009
a

ab, blame it more on the reporting than what he actually said.

nyc ab 14:46 GMT March 25, 2009
a
Reply   
#[email protected]#$! TG cost me 100k

Munich peter 14:42 GMT March 25, 2009
Trade Ideas

Lahore FM 14:04 GMT March 25, 2009
Trade Ideas: Reply
sold eurusd 1.3632.stops later.

FM, i must say you have bXXls or call it guts, this wild move eurusd from 3470 to 3635 comes in and i suppose you did not even have time to study the reason behind it and within minutes of this instantaneous move at 14:04 or maybe already at 14:03 you short eurusd at 3632. Amazing.
Were you not fearing this move might extend another 100-200 pips?

LHR-PK MAS 14:33 GMT March 25, 2009
MAS MARKETS

03/25/2009 09:43:38 MAS LHR-PK 4
Entered Short euro/usd 1.3470
_______________________________

Added short 1.3620
_____________________________

Stopes added 1.3691 bid
___________________________

Closed half of 1.3620 shorts at 1.3530
________________________________

Exit in Euro/USD for all positon and will wait for the fresh entry.
Exit 1.3548

LHR-PK MAS 14:31 GMT March 25, 2009
MAS MARKETS

03/25/2009 10:33:47 MAS LHR-PK 7
short cable at 1.4624

target 1.4425/50

__________________________

Exit in cable for a minor loss and look for fresh entry
Exit at 1.4640

singapore td 14:29 GMT March 25, 2009
sell usd
Reply   
Buy euro
Entry: Target: Stop:

back to above 1.3520, i guess 1.3470-1.3520 is truly the buy zone for euro
even Timmy is not confident with usd, so what else do we need to sell usd? this is also confidence crisis..

LHR-PK MAS 14:23 GMT March 25, 2009
MAS MARKETS

03/25/2009 09:43:38 MAS LHR-PK 4
Entered Short euro/usd 1.3470
_______________________________

Added short 1.3620
_____________________________

Stopes added 1.3691 bid
___________________________

Closed half of 1.3620 shorts at 1.3530

Lahore FM 14:18 GMT March 25, 2009
Trade Ideas

Lahore FM 14:16 GMT March 25, 2009
Trade Ideas: Reply
Lahore FM 14:04 GMT March 25, 2009
Trade Ideas: Reply
sold eurusd 1.3632.stops later.

--
closed hal;f at 1.3518.
--
stops in at 1.3670 bid for rest.

Lahore FM 14:16 GMT March 25, 2009
Trade Ideas

Lahore FM 14:04 GMT March 25, 2009
Trade Ideas: Reply
sold eurusd 1.3632.stops later.

--
closed hal;f at 1.3518.

GVI Forex john 14:08 GMT March 25, 2009
GVI Forex Analysis

New data today is the blue line only. Another better than expected number with previous data revised higher...

New Homes Sales, Starts and Permits

Lahore FM 14:07 GMT March 25, 2009
Trade Ideas

03/25/2009 09:00:01 FM Lahore 6
03/24/2009 13:39:05 FM Lahore 16
03/23/2009 18:16:17 FM Lahore 33
sold eurusd 1.3609 afresh,stops later.tentative ones at 1.3690.
--
closed half at 1.3508.
--
stops to entry,order to close remainder in at 1.3375.
--
remainder of 1.3609 short eurusd stopped at entry for profit.

sofia kaprikorn 14:07 GMT March 25, 2009
patience
Reply   
well -- for those amateur like me -- patience is necessary...
I walked out of my longs in EUR and GBP 1 milisecond before Timmy hit the wires -- at least I'm happy charting helped me foresee this was a most possible scenario...

Lahore FM 14:06 GMT March 25, 2009
Trade Ideas

sold audusd 0.7042.

NYC 14:05 GMT March 25, 2009
what happened

He said he is open to the idea but be aware of comments taken out of context

Lahore FM 14:04 GMT March 25, 2009
Trade Ideas

sold eurusd 1.3632.stops later.

USA yv 14:04 GMT March 25, 2009
what happened

Geitner just announced his favor for SDRs

London MM 14:04 GMT March 25, 2009
what happened

Geitner on USD as reserve currency, expressing interest in alt currency

London Gooner 14:03 GMT March 25, 2009
MAS MARKETS

EURUSD held its 4hour level too well for me to short. 1.3800+
implied on my humble view.

LHR-PK MAS 14:03 GMT March 25, 2009
MAS MARKETS

03/25/2009 09:43:38 MAS LHR-PK 4
Entered Short euro/usd 1.3470
_______________________________

Added short 1.3620
_____________________________

Stopes added 1.3691 bid

Brussels PW 14:02 GMT March 25, 2009
what happened
Reply   
What just happened?????????????????????

LHR-PK MAS 14:01 GMT March 25, 2009
MAS MARKETS

03/25/2009 09:43:38 MAS LHR-PK 4
Entered Short euro/usd 1.3470
_______________________________

Added short 1.3620

London Gooner 13:57 GMT March 25, 2009
EURNZD
Reply   
Bought 2.3775 - stop 150 pips. Speculative long double bottom to hold attempt.
small size on this one.

Richmond Dennis 13:52 GMT March 25, 2009
World's Best Currency

Mr Obama respectfully disagrees ;-)

Singapore Awesome Trader 13:44 GMT March 25, 2009
World's Best Currency
Reply   
Norway Has World's Best Currency: Strategist

http://www.cnbc.com/id/29875547?__source=RSS*tag*&par=RSS

Belgrade Knez 13:43 GMT March 25, 2009
GVI Forex Analysis

Singapore Awesome Trader

Cheers.

Singapore Awesome Trader 13:36 GMT March 25, 2009
GVI Forex Analysis

Singapore is now a develop country. If you leave her more than two years, you might not be able to recognise. The infra development is too fast moving.

It is not for him to pride himself who loveth his own country, but rather for him who loveth the whole world. The earth is but one country and mankind its citizens. ~Baha'u'llah

Btw here’s the link for your knowledge : http://www.timeanddate.com/library/abbreviations/timezones/na/edt.html

Belgrade Knez 13:22 GMT March 25, 2009
GVI Forex Analysis

Singapore Awesome Trader

Thank you.

I lived in Singapore for two years and missing it very much. Hope is much nicer than it was 12 years ago.

Cheers.

Singapore Awesome Trader 13:19 GMT March 25, 2009
GVI Forex Analysis

EDT is used in the summer in these US states (EST during winter)

tallinn viies 13:19 GMT March 25, 2009
eurusd
Reply   
4cast
fwiw
* 25 Mar 09: 13:13(LDN) - FX NOW! EUR/USD, S+P Futures Flows - EUR/USD bumping along the bottom of week's range so far

EUR/USD is bumping along the bottom end of the week's trading range so far. Sellers, riding the recent USD positive interpretation of highlights from the US administrations initiatives to get the economy back on track have found that there is not much support from real money and profit taking seems to be a prudent activity. EUR/USD traders may have looked for some direction from the equity market, either way, but so far US equities are moving sideways, waiting for the next event, whatever that is going to be. Earlier, dealers let the market know that Asian sovereign bids were resting under the market in the 1.3420-50 range. There are also indications of buy stops starting at 1.3525, which could be large. But, the odds, based on seen activity, is that prices will tend to move inside the implied range of 1.3450 up to 1.3525.

Singapore Awesome Trader 13:18 GMT March 25, 2009
GVI Forex Analysis

EDT – Eastern Daylight Time

Belgrade Knez 13:14 GMT March 25, 2009
GVI Forex Analysis

Jay,

Thank you for the info. It means that EDT is NY time then. But I would like to know what does EDT stands for?

LHR-PK MAS 13:12 GMT March 25, 2009
MAS MARKETS

short USD/JPY 9799
stop latar

initial target 9650
________________________

Exit half of the positions 9744

Stop moved to entry
_________________________

Stop out at entry for the remaining

GVI Forex Jay 13:12 GMT March 25, 2009
GVI Forex Analysis

There is a 4 hour time difference between EDT and GMT. So 09:00 EDT = 13:00 GMT

Plovdiv Gotin 13:11 GMT March 25, 2009
EUR/USD forecast range for the NY session start until today’s close

1.3530/1.3095/1.3185

Belgrade Knez 13:03 GMT March 25, 2009
GVI Forex Analysis

London MM

Please let me know what time is EDT?

London MM 12:49 GMT March 25, 2009
GVI Forex Analysis

Norway interest rate decision at 09:00 EDT, expected 2.0 prior 2.5

sofia kaprikorn 12:32 GMT March 25, 2009
GBPUSD Hourly
Reply   
the support came right at the trendline from 1.4394 > Monday low.. 1.4569 R1 support offers good R/R for a long here..

GVI Forex john 12:26 GMT March 25, 2009
EUR/USD forecast range for the NY session start until today’s close

CORRECTION: The wrong survey table was posted earlier below. It has been fixed.

Veldhoven, NL Titus 12:21 GMT March 25, 2009
long gbp
Reply   
Buy gbp/usd
Entry: 1.4563 Target: 1.4660 Stop: 1.4535

Went long, according to hitting support level on 1 hour chart. If support breaks i wait for confirmation and will go short

Melbourne Qindex 12:20 GMT March 25, 2009
QIndex Trading System

Buy EUR/CHF
Entry: Target: Stop:

EUR/CHF : The market is positive when it is trading above the weekly cycle matrix system at 1.4887 - 1.5081 - 1.5146.

GVI Forex john 12:16 GMT March 25, 2009
GVI Forex Analysis

Data Preview…
WEDNESDAY:
US- Durable Goods- important- leading indicator of production, but very volatile statistic, seen less bad..
US- New Home Sales- important- seen a bit weaker.
US- Weekly Energy data- important- indicator of current energy inventories

12:30

US

Feb

Durable Goods

Cons: -2.0%

Last: -5.2%

14:00

US

Feb

New Home Sales

Cons: 300K

Last: 309K

14:30

US

DOE

Gasoline mn

Cons: n/a

Last: +3.2M

14:30

US

DOE

Distil mn

Cons: n/a

Last: +100K

14:30

US

DOE

Crude Oil mn

Cons: n/a

Last: +2.2K

GVI Forex john 12:11 GMT March 25, 2009
GVI Forex Analysis

NEW! GVI Forex Chart Gallery. Printable FX Charts

Click for Complete Chart Points

24-Mar-09

EURUSD

USDJPY

USDCHF

GBPUSD

USDCAD

Close

1.3450

97.79

1.1317

1.4660

1.2319

High

1.3672

98.56

1.1324

1.4779

1.2322

Low

1.3432

96.95

1.1210

1.4557

1.2202

Simple mva

EUR/USD

USD/JPY

USD/CHF

GBP/USD

USD/CAD

5 day

1.3563

96.28

1.1300

1.4497

1.2357

10 day

1.3247

97.10

1.1544

1.4240

1.2556

20 day

1.2943

97.70

1.1614

1.4161

1.2669

50 day

1.2937

93.64

1.1566

1.4278

1.2515

100 day

1.3096

93.40

1.1539

1.4637

1.2380

200 day

1.3870

99.53

1.1206

1.6558

1.1557

GVI Forex john 12:08 GMT March 25, 2009
EUR/USD forecast range for the NY session start until today’s close

Survey Results
This is a sentiment survey, so the more who participate the better! Thanks to all!

Markets still appear to be digesting the USD tumble from last week, Mostly neutral survey,. Slightly negative bias to the range. Lots of data and Fed-speak today.

Averages:
Close: 1.3507
High: 1.3602
Low: 1.3419

Range: 1.3261-1.3700

Observations:
- Bias for mean €/$ close: Steady
- Clusters (Stops/Orders?)
Lows: 1.3410-1.3450
Highs: 1.3560-1.3585


Comments encouraged!

high	low	close	spread		high	low
1.3530	1.3261	1.3320	0.0269		1.3530	1.3261
1.3560	1.3360	1.3415	0.0200		1.3535	1.3360
1.3535	1.3484	1.3425	0.0051		1.3560	1.3375
1.3580	1.3375	1.3475	0.0205		1.3575	1.3410
1.3580	1.3420	1.3485	0.0160		1.3580	1.3418
1.3585	1.3425	1.3490	0.0160		1.3580	1.3420
 CURRENT SPOT >> 1.3497
1.3575	1.3445	1.3505	0.0130		1.3585	1.3425
1.3615	1.3410	1.3520	0.0205		1.3615	1.3445
1.3619	1.3484	1.3576	0.0135		1.3619	1.3450
1.3700	1.3418	1.3600	0.0282		1.3670	1.3484
1.3670	1.3450	1.3630	0.0220		1.3680	1.3484
1.3680	1.3500	1.3640	0.0180		1.3700	1.3500
 AVERAGES>>
1.3602	1.3419	1.3507	0.0183	 		

Melbourne Qindex 12:00 GMT March 25, 2009
QIndex Trading System

Sell GBP/USD
Entry: Target: Stop:

GBP/USD : The market is under pressure when it is trading below the weekly cycle matrix system at 1.4656 - 1.4769 - 1.4960.

Melbourne Qindex 11:49 GMT March 25, 2009
EUR/USD forecast range for the NY session start until today’s close

1.3530 - 1.3261 - 1.3320

sofia kaprikorn 11:43 GMT March 25, 2009
EURUSD 4H chart

hm - btw - the last 2 candles seem to be Bullish Engulfing pattern

sofia kaprikorn 11:41 GMT March 25, 2009
EURUSD 4H chart
Reply   


excuse me if too much posting on it..
however IMHO the 4-hour chart clears the tech picture:
Flat Consolidation Channel with a Falling wedge formation in progress...
.........
I guess it's all about developing scenarios and testing in the market as it's dynamic and changes all the time so must be flexible..

Chicago SC 11:41 GMT March 25, 2009
EUR/USD forecast range for the NY session start until today’s close

1.3450-1.3670 1.3630

London NYAM 11:37 GMT March 25, 2009
EUR/USD forecast range for the NY session start until today’s close

Bottom should be in on EURUSD. Next few days we should work our way to targets between 1.3870 and 1.3980 so:

1.3500
1.3680
1.3640

GVI Forex Jay 11:30 GMT March 25, 2009
EUR/USD forecast range for the NY session start until today’s close

Please post your forecasts!

Livingston nh 11:19 GMT March 25, 2009
EUR/USD forecast range for the NY session start until today’s close

1.3560 - 1.3360 -1.3415

GVI Forex john 11:15 GMT March 25, 2009
EUR/USD forecast range for the NY session start until today’s close

1.3615-1.3410 1.3520

Market looks pretty square to me.

HK [email protected] 11:06 GMT March 25, 2009
Yen repatriation


Entry: YEN Target: Stop:

Syd 07:04 GMT March 25, 2009
Yen repatriation

I just wonder, if into the first week of April, Yen may get strong by some Mkt. manipulation, so Corporate Japan will be able to get more forex to expatriate..

London C 11:00 GMT March 25, 2009
EUR/USD forecast range for the NY session start until today’s close

1.3585-1.3425-1.349

sofia kaprikorn 10:59 GMT March 25, 2009
Daily range bar
Reply   
st -- seems to me Daily eurusd has been neatly doing days with equal range so it is most likely we have a retrace back to yesterday high 1.3680.../mistaken in my forecast I put 1.3619, R1/

NYC JM 10:58 GMT March 25, 2009
EUR/USD forecast range for the NY session start until today’s close

1.3575-1.3445-1.3505

Coin toss today as long as 1.35 is picoted.

houston st 10:54 GMT March 25, 2009
EUR/USD forecast range for the NY session start until today’s close



1.3580 - 1.3420 - 1.3485

sofia kaprikorn 10:53 GMT March 25, 2009
EUR/USD forecast range for the NY session start until today’s close

H 1.3619
L 1.3484
C 1.3576

Perth Alan 10:48 GMT March 25, 2009
EUR/USD forecast range for the NY session start until today’s close

1.3535 - 1.3375 - 1.3425

Houston et 10:46 GMT March 25, 2009
EUR/USD forecast range for the NY session start until today’s close

1.3700-1.3418-1.3600

Blore RKG 10:45 GMT March 25, 2009
EUR/USD forecast range for the NY session start until today’s close

H - 1.3580
L - 1.3375
C - 1.3475

Honestly a blind shot - bias tho remains clearly to the downside per me.

GVI Forex Jay 10:38 GMT March 25, 2009
EUR/USD forecast range for the NY session start until today’s close
Reply   

Entry: EUR/USD forecast range for the NY session start until today’s close Target: Stop:

Please post you forecast in the following format:

High-low-close

This new daily poll works best when you participate! Note poll closes at 12:00 GMT.


Post your forecast for the EUR/USD range for the NY session start until today’s close and a line for your rationale.

Click on “reply” to post your forecast and keep it in the same thread


tallinn viies 10:36 GMT March 25, 2009
eurusd
Reply   
4CAST commentary

* 25 Mar 09: 10:25(LDN) - FX NOW! EUR/USD, USD/CHF Flows - EUR/USD buying may be M&A related; UK, Aus and US buyers

EUR/USD is ticking up with the help of talk of M&A related buying or need to buy that will show up at the fixing. So far, dealers report the most obvious names on the bid are from the UK and Australia. Following the activity of the others, a large US bank was the last name to join in on the buyside. The quick downtick in USD/CHF is little more than a quick reflex reaction to the USD advance vs EUR. M.B.

LHR-PK MAS 10:33 GMT March 25, 2009
MAS MARKETS

short cable at 1.4624

target 1.4425/50

GVI Forex john 10:30 GMT March 25, 2009
GVI Forex Analysis

Earlier... German IFO Mixed data. Current conditions at an all-time low, but outlook improving?

German Ifo...

Bilad KaL 10:29 GMT March 25, 2009
KaL's Auto Trades

EURUSD

1.3559 to 1.3320
for today

GENEVA DS 10:26 GMT March 25, 2009
RANGE NY
Reply   
RANGE NY
Entry: L13465 Target: H13855 Stop: C13825

Due to absence this afternoon, here my forecast for NY-Session... do have the impression that the USD-buyers got a little ahead of themself short-term. Would not be surprised to see a good short squeeze in NY today. good luck to all,

sofia kaprikorn 10:06 GMT March 25, 2009
eurusd Falling Wedge
Reply   


pls excuse me - the pattern was Falling wedge - which now is broken -- logically I longed with target the upper Channel border

Atlanta South 09:53 GMT March 25, 2009
Post 09:43 E/$
Reply   
Singaporetd,
What do you see an upside target level for E/$. TIA

GVI Forex john 09:48 GMT March 25, 2009
GVI Forex Analysis

Click on Hyperlinks below for Updated Charts

9:44

 USD

pips

10yr

bp

2yr

bp

Stox

 

pts

USD

 

 

2.700

6.0

0.94

7.0

 

 

 

EUR

1.3461

8

3.160

1.0

1.39

(1.0)

DAX

4189

2

GBP

1.4597

(62)

3.330

0.0

1.25

(2.0)

FTSE

3922

11

 

 

 

 

 

 

 

 

 

 

CHF

1.1308

(14)

2.200

6.0

0.54

1.0

SMI

4958

34

JPY

97.7

(3)

1.300

4.0

0.41

1.0

NIK

8480

(308)

 

 

 

 

 

 

 

 

 

 

CAD

1.2313

(7)

2.860

10.0

1.17

5.0

TSE

8849

0

AUD

0.6958

10

4.450

8.0

2.88

7.0

ASX

3609

29

NZD

0.5615

1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CNY

6.8319

15

SSEC

2292

(47)

 

DJIA

7660

(0)

Gold

923.62

(1.80)

HSI

13622

(288)

 

S&P

806

0

WTI

52.77

(0.78)

 

 

 

 

NAS

1517

0

singapore td 09:43 GMT March 25, 2009
sell usd
Reply   
Buy euro
Entry: 1.3370-1.3420 Target: Stop:

usd is about to lose strength, despite euro's correction usdchf has not been able to close above 1.13
euro looks set to resume upwards anytime, will consider going long again between 1.3370-1.3420, stop will be decided later but tentatively under 1.3320

LHR-PK MAS 09:43 GMT March 25, 2009
MAS MARKETS

Entered Short euro/usd 1.3470

Lahore FM 09:40 GMT March 25, 2009
Trade Ideas

2nd long in for eurnzd at 2.3977.

Punjab Naidu 09:24 GMT March 25, 2009
WARNING

Thank you for the warning Mr Flip....i was going to send him money but your warning made me think ...may be you are just a little bit more trustworty so i can send it to you....

Gen dk 09:20 GMT March 25, 2009 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Lahore FM 09:17 GMT March 25, 2009
Trade Ideas

03/24/2009 20:09:17 FM Lahore 4
Lahore FM 18:48 GMT March 24, 2009
Trade Ideas: Reply
Lahore FM 15:50 GMT March 24, 2009
Trade Ideas: Reply
smal short gbpusd entred 1.4729,stops at 90 bid.
--
lowered stops to 1.4766 bid.
--
half closed 1.4666.stops remains as before for rest 1/2.
--
rest of 1.4729 short out at 1.4594 now.

LHR-PK MAS 09:16 GMT March 25, 2009
MAS MARKETS

LHR-PK MAS 19:59 GMT March 24, 2009
MAS MARKETS: Reply
03/24/2009 08:31:21 MAS LHR-PK 4
going short GBP/ USD 1.4667

stop latar

_________________________________

03/24/2009 11:51:51 MAS LHR-PK 3
Adding Short cable 1.4727

_________________________________

cable short added 1.4660

target 1.4585
_________________________________

Stop added to all 1.4741 bid
_________________________________

Exit Half of the position 1.4620
remaining Stops moved to 1.4691 bid
__________________________________

Out at target:

Syd 09:08 GMT March 25, 2009
German Econ Min: Risk That Crisis Response Will Overshoot-FT
Reply   
The global economic crisis should have a cathartic impact on the financial sector, but there is a risk that responses will overshoot, German Economics Minister Karl-Theodor zu Guttenberg said in an editorial published in the Financial Times.

He said the overhaul of the sector should be guided by three principles, starting with strengthening risk management in banks and risk supervision by rating agencies and financial authorities on a global level.
www.ft.com/cms/s/0/f7e1fc60-18a3-11de-bec8-0000779fd2ac.html

sofia kaprikorn 09:08 GMT March 25, 2009
EURUSD triangle
Reply   


I assume if this breaks on the downside it might produce a pullback to 1.3240 area -- based on hourly chart

Lahore FM 09:00 GMT March 25, 2009
Trade Ideas

03/24/2009 13:39:05 FM Lahore 16
03/23/2009 18:16:17 FM Lahore 33
sold eurusd 1.3609 afresh,stops later.tentative ones at 1.3690.
--
closed half at 1.3508.
--
stops to entry,order to close remainder in at 1.3375.

Brisbane Flip 08:41 GMT March 25, 2009
WARNING

Leumas Forte is Samuel Ojineka (Leumas backwards) and has been soliciting suckers for years. I am more comfortable with the returns Bernie Maddoff gurantees.

Lahore FM 08:41 GMT March 25, 2009
Trade

1.3375 Peter.orders are in to close the shorts!

LHR-PK MAS 08:37 GMT March 25, 2009
MAS MARKETS

short USD/JPY 9799
stop latar

initial target 9650
________________________

Exit half of the positions 9744

Stop moved to entry

LHR-PK MAS 08:36 GMT March 25, 2009
MAS MARKETS

LHR-PK MAS 19:59 GMT March 24, 2009
MAS MARKETS: Reply
03/24/2009 08:31:21 MAS LHR-PK 4
going short GBP/ USD 1.4667

stop latar

_________________________________

03/24/2009 11:51:51 MAS LHR-PK 3
Adding Short cable 1.4727

_________________________________

cable short added 1.4660

target 1.4585
_________________________________

Stop added to all 1.4741 bid
_________________________________

Exit Half of the position 1.4620
remaining Stops moved to 1.4691 bid

Melbourne Qindex 08:33 GMT March 25, 2009
QIndex Trading System

Sell GBP/USD
Entry: Target: Stop:

GBP/USD : Monthly Cycle High 1.4779


As shown in the monthly cycle frequency chart the energy gap between 1.4325 and 1.4824 is big as indicated by the difference in the frequency numbers. It is likely that we have seen the monthly cycle high yesterday at 1.4779. Speculative selling pressure will increase when the market is trading below 1.4478 and the market will be able to test the supporting strength of a projected supporting barrier at 1.4223 - 1.4248.

Milano th 08:06 GMT March 25, 2009
WARNING
Reply   
la fxt 06:55 GMT March 25, 2009
account trader: Reply

The guy is a fraudster, he is based in Nigeria and pops up every 6 months or so. Just ignore

Hillegom Purk 08:06 GMT March 25, 2009
system

stop of the pro's or from those who always seem to long e/u at the top?

Abu Dhabi Abu 07:54 GMT March 25, 2009
system

Its what the market does to you when it takes your stop...but it only hurts a little bit....at the beginning...

Hillegom Purk 07:49 GMT March 25, 2009
system

what means hump?

Abu Dhabi Abu 07:37 GMT March 25, 2009
system
Reply   
Amman wfakhoury 06:08 GMT March 25, 2009
Go and hump a camel fak-head,,,,,

Syd 07:04 GMT March 25, 2009
Yen repatriation
Reply   
Japanese mega-city banks, trust banks selling yen crosses , taking them lower large US investment banks/Japanese sales . Talks focus now turning to tomorrow and Friday's fixing with speculation of huge/massive amounts of Eur/Yen , USD/JPY to sell for Japanese lifers /exporters and pensions funds for last minute JPY repatriation ahead of FY 08-09 end on March 31st
as this will be the last weekend with spot value March.

Munich Peter 06:58 GMT March 25, 2009
Trade
Reply   
03/24/2009 13:39:05 FM Lahore 16
03/23/2009 18:16:17 FM Lahore 33
sold eurusd 1.3609 afresh,stops later.tentative ones at 1.3690.
--
closed half at 1.3508.

FM, did you move your stop for remaining half to entry? Your possible target today? TIA

Syd 06:47 GMT March 25, 2009
DJ PREVIEW: BOJ March Tankan May Worsen At Fastest Pace Ever
Reply   
Sydney GE I will ...

With plunging overseas demand dragging Japan's economy deep into recession, the Bank of Japan's March tankan survey is expected to show a free-fall in corporate sentiment to historically low levels. The central bank's most closely-watched survey, due out April 1, will report that firms' sentiment deterioated at the fastest pace since the survey began in May 1974, analysts surveyed by Dow Jones Newswires

Sydney GE 06:45 GMT March 25, 2009
yen

Interesting snippet of info Syd, Im checking my sources, please keep updated with any further info you might hear.

San Diego bobl 06:30 GMT March 25, 2009
gbp/usd
Reply   
Amman,

I posted the exact entry level taken, and the exact exit at breakeven, which was elected. If taken on second signal, i.e. after it entered, and I would not have taken the small profits, it was maximum 42 pip loser if you did not follow the rules.

As for right now, the front month futures are indicating some selling, but no new signal has been taken. For short term traders, I would take the next signal, up or down...........because the bigger picture is not stable or confirmed either way.... bottom and break up? or towards high end of year's range and sell? Honestly, don't have an argument either way....... if a new signal retriggers, I'll take it with 1/3 average daily range past 30 days as stop, and then see what develops. From your posts, I know you know the real money is made in trend themes, held and added to winners, and of course a fluid stop according action/volume, participants etc.

Again, right now no signal even on 30 min. timeframe, which is shortest I ever use to enter or exit. So, for me, it's all short term flip flop sloppy market, but you can win some and lose some. I have quite a bit more I use to adjust stops/targets... Correlations... (which someone asked about and two good books came to mind.... 1) Intermarket Relationships by John Murphy; and 2) "Market Movers", whose author I don't have on top on my little head)

For now, I am just attempting to show that you can create a trading plan within first hour of 00.00 GMT, and that the levels I mention over time will show a great gravitation to. Nothing is lined up in full at all (except some high risk small CC crosses to USD, and a couple major's efforts to go... but risk is higher, as you know, so I choose not to go there without someone completely understanding "why" to make the trade.

gl/gt

Syd 06:19 GMT March 25, 2009
yen
Reply   
EUR/JPY dives to 130.98 on US sales, eye FY Repatriation
AUD/JPY, USD/JPY Flows Talks of huge Japan lifers/ pension sales on Fri Fixing

Amman wfakhoury 06:08 GMT March 25, 2009
trading sys
Reply   
San Diego bobl 01:51 GMT March 25, 2009
=====
then you said buy if 1/2 hr closed above 14671..it is already closed , so what i do with the open sell ...and what to do with
the confirmation of close 1/2hr above 14671?

Amman wfakhoury 06:04 GMT March 25, 2009
trading sys
Reply   
San Diego bobl 01:51 GMT March 25, 2009
-----
i tried your trading sys as follows
sell gbp.usd if 1/2 hr closed below 14671
it closed at 14637 the it rose til 14698 ..iso continue down.

Melbourne Qindex 05:51 GMT March 25, 2009
QIndex Trading System

EUR/USD
Entry: Target: Stop:

AZUSA 4x-ed 05:16 GMT : EUR/USD : 1.2363 is correct for this month. The exact number would shift a little bit next month.

Melbourne Qindex 05:47 GMT March 25, 2009
QIndex Trading System

EUR/USD
Entry: Target: Stop:

EUR/USD : the following is still valid until the end of this month.



03/19/2009 23:14:03 Qindex Melbourne 33
EUR/USD : Monthly Cycle Analysis


As shown in the monthly cycle probability chart, turning points are located at 1.2363 - 1.3778 - 1.4249.

U.K. J.B 05:37 GMT March 25, 2009
re
Reply   
CAMBRIDGE JOE 14:34 GMT March 24, 2009
EA Systems... any good ?: Reply


I have replied in the help forum ...

AZUSA 4x-ed 05:16 GMT March 25, 2009
QIndex Trading System

Thanks Dr. Q! The resistant point I have is 1.3526, so it is quite reassuring seeing some confirmation. Just one question, if I may; could you confirm the figure that you posted? Is it really 1.2363?

"market will challenge the supporting strength of the turning point at 1.2363 in 1 - 2 week time"

Regards

singapore td 03:32 GMT March 25, 2009
short usd
Reply   
stopped out on euro long, will consider going long later
this slow grind lower is frustrating

Syd 03:17 GMT March 25, 2009
NZD/USD Down; Offshore, NZ Data Pose Risks - RBC
Reply   
NZD/USD continues to correct lower after recent surge, with lower equities, pullback in risk appetite weighing. RBC Capital Markets FX strategist Sue Trinh says tonight's March German IFO business confidence survey, tomorrow's NZ 4Q current account data pose downside risk for Kiwi; notes potentially weaker IFO could drag euro lower, further raising risk aversion. Adds bearish USD news now fully priced; "we are of the view that lots of the bearish stories on the U.S. dollar have already been built in to the price, so further weakness may be limited." Pair last 0.5605 vs 0.5648 early, 0.5724 late yesterday in NZ.

Los Angeles cp 02:59 GMT March 25, 2009
1/2 hr. closes

BBl, Thank you for your explanation.

San Diego bobl 02:39 GMT March 25, 2009
1/2 hr. closes
Reply   
When I refer to buy/sell @ 1/2 (30 min) hr close, I am referring to setting a window up with 30 min candlesticks or bars. The close of that bar > or < the figure mentioned is confirmation of trade to take. Once the signal is given (on my system it has a green (buy dot) or red (sell dot) above or below the actual closing bar. If signal given, I take the trade on the open of the next bar IF ticking in the direction of the signal.

gl/gt

Los Angeles cp 02:25 GMT March 25, 2009
system levels and trades

San Diego, Thank you for your analysis.

Question - What do you mean by "[email protected] 1/2 hr" or "[email protected] 1/2 hr" ??

Syd 02:11 GMT March 25, 2009
UK mortgage lending at £1,200bn 'unmanageable', claims Cap Gemini banking report
Reply   
Mortgage lending in the UK has reached "unmanageable" levels and must shrink as a proportion of national economic output if banks are to make home loans profitable again, a new report claims.
http://www.telegraph.co.uk/finance/5044281/UK-mortgage-lending-at--1200bn-unmanageable-claims-Cap-Gemini-banking-report.html

San Diego bobl 01:51 GMT March 25, 2009
system levels and trades
Reply   
FWIW...
If interested, I posted some crosses, levels of entries both buy and sell, and confirmation levels of trade bias in the help forum.

gl/gt
note: I am available to post any crosses levels and my current positions thereof

gl/gt

Melbourne Qindex 01:18 GMT March 25, 2009
QIndex Trading System

Sell EUR/GBP
Entry: Target: Stop:

EUR/GBP : Monthly Cycle High 0.9501


As shown in the monthly cycle charts the market has a tendency to trade within 0.8953 - 0.9236. The monthly cycle projected series indicates that the market is under pressure when it is trading below the barrier at 0.9236* // 0.9306. The weekly cycle projected series shows that the market is testing the supporting strength of the lower barrier at 0.9105 // 0.9171. The odds are good that we can see 0.9030 in 1 - 2 week time period.

==============================================

03/19/2009 11:06:38 Qindex Melbourne 35
EUR/GBP : As shown in the distribution profile of the monthly cycle probability chart the market is pulling towards 0.9236.


03/19/2009 08:44:43 Qindex Melbourne 36
EUR/GBP : Speculative selling pressure will increase when the market is trading below 0.9403.


03/19/2009 08:40:15 Qindex Melbourne 37
EUR/GBP : A projected resistant level is positioning at 0.9515 - 0.9518. We may have seen the cycle high at 0.9501.

Syd 01:08 GMT March 25, 2009
Obama Rebuffs China Calls For New FX - Deutsche
Reply   
U.S. president Obama's forex remarks show Washington clearly opposes recent China proposal to create new currency to eventually replace USD as world's standard, says Deutsche Securities senior FX analyst Koji Fukaya. Obama says doesn't believe there's need for such currency, while calling USD extraordinarily strong right now. "His message to China," Fukaya says, "seems to be: 'The dollar is pretty firm right now. How can you call it weak and get worried about it?'" Obama's recognition that USD is strong also suggests Washington sees no need to artificially lift USD. "He probably thinks that the dollar should be left alone because it's already doing well."

Syd 00:40 GMT March 25, 2009
Finance crisis 'could lead to war', IMF warns
Reply   
The global financial crisis could lead to social unrest and even war, the head of the International Monetary Fund warned yesterday.
Dominique Strauss-Kahn said that the billions already pumped into the world economy risked disappearing into thin air unless there is massive reform of the financial sector.
link

The Bank of England and No.10 at war: We can't afford Budget spending spree, Governor tells Brown
link


If Australian government chooses to guarantee new State borrowing, it would create a "fragmented
Market," says Sydney-based credit analyst.
Says guarantee would be "least best option," with better solution being AOFM issuing directly on States behalf. In particular, cautions against disjointed market that would be caused if new debt is guaranteed leaving existing debt unprotected, and doing little to stir liquidity or free up existing investors for new debt. "The law of unintended consequences is working overtime here."

Big earners suffer as bankruptcy snowballs
link

 




Actionable trading levels delivered LIVE to YOUR charts

GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium

Mon 27 May 2019
AAGB/US- Holiday
Tue 28 May 2019
A 14:00 US- Consumer Confidence
C 13:00 US- Case-Shiller
Wed 29 May 2019
A 08:55 DE- Employment
AA 18:00 US- BOC Decision
A 18:30 US- EIA Crude
Thu 30 Mar 2019
AAEZ/CH- Holiday
A 12:30 US- Weekly Jobless
Fri 31 Mar 2019
AA 10:00 EZ- Flash HICP
A 12:30 US- Personal Income, Spending, Deflator
AA 14:00 US- Final Univ of Michigan


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