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Forex Forum Archive for 01/29/2010

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GVI Forex Jay 23:56 GMT January 29, 2010
Videos

Al, great video this week - suggested viewing

GVI Forex Blog 23:54 GMT January 29, 2010 Reply   

Stocks Ignore Bullish Economic Data; Turn Focus on Risk

GVI Forex Blog 23:47 GMT January 29, 2010 Reply   

U.S. Dollar Finishes the Month Sharply Higher

BA mades 22:47 GMT January 29, 2010
eur.usd
Reply   
1.3745 key level to watch:
- 61.8 % of 1.6035-1.2329 fibo
- 50% of 1.2329-1.5142 fibo
- resistance turned support in 03 and 06 of 2009
- weekly 200 MA

Tonbridge AL 22:42 GMT January 29, 2010
Videos
Reply   
SETUP VIDEOS EUR/USD and GBP/USD --VIEW THEM NOW
Click on the Friday's link on the video homepage for each video to view next week's setup.

EUR/USD Video
GBP/USD Video

GVI Forex Blog 21:31 GMT January 29, 2010 Reply   
The dollar rose against major currencies on Friday after stronger-than-expected economic data reinforced the view the United States was recovering from recession faster than other developed countries.

FOREX NEWS-Dollar rallies on stronger-than-expected U.S. data

Gen dk 21:12 GMT January 29, 2010 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

GVI Forex Futures 20:54 GMT January 29, 2010
GVI Forex Trading Support

NEW YORK, Jan 29 (Reuters) - Currency speculators went long against the U.S. dollar in the latest week, according to Commodity Futures Trading Commission data released on Friday.

The value of the dollar's net long position was $3.11
billion in the week ending Jan. 26, reversing a net short
position of $3.12 billion the previous week, according to
Reuters calculations.

The last time speculators were long on the dollar was the
week ending January 5.

The Reuters calculation for the aggregate U.S. dollar
position is derived from the net positions of International
Monetary Market speculators in the yen, euro, British pound,
Swiss franc, Canadian and Australian dollars.

Gen dk 19:57 GMT January 29, 2010 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

GVI Forex Blog 19:53 GMT January 29, 2010 Reply   
21:00 GMT- Jan 29 (global-view.com) Forex market have become incredibly complex for many traders not keeping abreast of the fundamentals. The fundamentals are not simply economic statistics. They also encompass capital flows, psychology and political factors. Economic trends tend to change very slowly so they really are more a background factor than something in the foreground.

Daily GVI Forex Forex View- WEEKLY- Fundamentals Matter

GVI Forex john 19:50 GMT January 29, 2010
GVI Forex Trading Support


The Daily Forex View

WEEKLY- Fundamentals Matter

21:00 GMT- Jan 29 (global-view.com)  Forex market have become incredibly complex for many traders not keeping abreast of the fundamentals. The fundamentals are not simply economic statistics. They also encompass capital flows, psychology and political factors. Economic trends tend to change very slowly so they really are more a background factor than something in the foreground. 

MORE...

London SFH 19:49 GMT January 29, 2010
tellme

Sounds like your censored...but you never know what around the corner...good luck mate

Mtl JP 19:48 GMT January 29, 2010
tellme

coz they behave reasonably well according to technicals.
--
IF you trade from historical chart patterns, maybe try hiding the charts' label to see if that has an influence on your trading decisions.

tokyo rana 19:47 GMT January 29, 2010
tellme

me and friend have 10 to 20million yen...is it enough?
so we are in great problem...

ihave 1.55million pound in fx....

i sold 950000pound at 143yen in dec 2009 so waiting for come down....i am waiting for to come 130 to 139level...tellme it will come?pound is going down?

i bought pound 600000 at 158.4yen in august 2009 now rate is 144..

thanx for reply....best regard

tokyo rana 19:44 GMT January 29, 2010
tellme

me and friend have 10 to 20million yen...is it enough?

ihave 1.55million pound in fx....

i sold 950000pound at 143yen in dec 2009 so waiting for come down....

i bought pound 600000 at 158.4yen in august 2009 now rate is 144..

thanx for reply....best regard

tokyo rana 19:37 GMT January 29, 2010
tellme

tellme please why cad/jpy and eur/jpy????????

you also think gnp/jpy no good?

usd still weak against yen...



thanx for reply....

London SFH 19:32 GMT January 29, 2010
tellme

Hey Rana I guess 100 mio yen or dollars can be made on any of them....its down to market direction and trading ability along with sufficient funds to trade.good luck mate..

Mtl JP 19:32 GMT January 29, 2010
tellme

rana - I printed your list. pinned it on my dart board and threw one dart.

it hit cadyen.

then I though better confirm it, so pulled it out and threw it again. it hit euryen.
-
but IF you did not have the loss... life would be nice, ya ?

tokyo rana 19:22 GMT January 29, 2010
tellme
Reply   
tellme which pair is best for trade?iwant make 100million yen in year less with risk....right im trading in GBP/JPY this is very stressful pair...imade 15million yen 3months next 3months lost 15million yen...

USD/JPY
AUD/JPY
NZD/JPY
GBP/JPY
EUR/JPY
CHF/JPY
CAD/JPY
ZAR/JPY
EUR/USD
GBP/USD

SF WM 19:20 GMT January 29, 2010
ST scalp trade

I woke up to an alert that I sold at 1.3970, took a look and thought maybe there would be a data bounce so I booked 7 pips profit. 100 pips lower now and I don't want to look. Sometimes better just to stick with the plan and let nature take its course.

tokyo rana 19:19 GMT January 29, 2010
tellme
Reply   
Buy
Entry: Target: Stop:

tellme which pair is best for trade?iwant make 100million yen in year less risk....

USD/JPY
AUD/JPY
NZD/JPY
GBP/JPY
EUR/JPY
CHF/JPY
CAD/JPY
ZAR/JPY
EUR/USD
GBP/USD

tokyo rana 19:18 GMT January 29, 2010
tellme
Reply   
Buy
Entry: Target: Stop:

tellme which pair is best for trade?iwant make 100million yen in year

USD/JPY
AUD/JPY
NZD/JPY
GBP/JPY
EUR/JPY
CHF/JPY
CAD/JPY
ZAR/JPY
EUR/USD
GBP/USD

sofia kaprikorn 19:16 GMT January 29, 2010
ST scalp trade

sofia kaprikorn 16:53 GMT January 29, 2010
last add at 1.3870 / avg. 1.3894
________________________
closed at 1.3875 for -19.

pity I ended a brilliant week with such a stupid over-leveraged, poorly executed, not-planned loss because of the position size and impatience and actually as I lost my nerve that I was short at 1.3960 and too only 4 pips out of the 100 pip move - the same in cable I got only 1/2 of the 1.1624 - 1.6000.

I really don't understand why I make such miserable mistakes after I know all I need and I actually at times am very successful - just plain dumb feeling.

Miami JN 18:55 GMT January 29, 2010
eurchf

Only damage were to those caught short in the 1.46s ouch!

Gen dk 18:44 GMT January 29, 2010 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

philadelphia caba 18:38 GMT January 29, 2010
eurchf

no damage to daily downtrend (so far..)

Belgrade AS 18:35 GMT January 29, 2010
audusd

Sell audusd
Entry: 0,8930 Target: Stop: 0,8985
looking at crude and gold charts....i just had to do it!...it was stronger then me....
targets-later
------------------------
target=0,8600...stops to entry
nice weekend to all!

Belgrade AS 18:31 GMT January 29, 2010
u.s.GDP

Sell eurusd
Entry: 1,3960 Target: Stop: 1,3990
---------------------------------
target=1,3760...stops to entry

Ath. Xarian 18:24 GMT January 29, 2010
euro/usd

US: Summers; says there are signs of progress in global trade
rebalancing.

lol....

DNT on 1,3800...???From China...??? hmm that's interesting...

sofia kaprikorn 18:16 GMT January 29, 2010
euro/usd

hm interesting Q.
here in BG the gov are trying to manage a balanced budget and enter the ERM2 possibly in 2011 but that puts a lot of strain on the private sector and the inter-company chain debt is rising...

so I'm really skeptical how Papandreu can managed what he proposes..

I read somewhere that the convergence bet on the emerging europe countries is now switched to divergence bet but also it's hard to me to understand UK with ~400% debt to GDP..

Ath. Xarian 18:10 GMT January 29, 2010
euro/usd

I'll ask something different..How can you double your exports in 5 years? And how can you cut your deficit on half in 5 years too???My question has to do with economics on monetary policy..I have a feeling that the game with the spreads that many hedge funds are playing will stop for a while after Davos finished and some risk apettite will rise again for some time.

sofia kaprikorn 18:08 GMT January 29, 2010
euro/usd

Xarian - tnx for the opinion. yes definitely to any seasoned trader my mistakes are open book.

but you are right exactly on the 2 things I try to master and they are being patient and executing trades based on some plan. yes I make these mistakes of being stopped out or getting too early out of very good positions. I hope I will manage my trading psychology better in a bit faster as I have been studying and Tonbridge AL had done a great job education me in the basics of TA and trading ..

sofia kaprikorn 18:04 GMT January 29, 2010
euro/usd

Xarian. tnx and excuse me as maybe my Q was a bit blunt.. I meant to ask what are the actual implications that you suggest by the rebalancing act?

there were extended declines in Energy and Metals and rallies in Bonds and DX - what do you assume to be the practical effect of rebalancing and what might be the implications to the FX market?

lkwd jj 18:00 GMT January 29, 2010
eurchf

maybe snb's in house cat jumped on his key board!!??lol

Ath. Xarian 18:00 GMT January 29, 2010
euro/usd

I am watching your trades Sofia..You have very good potential,but your stops sometimes are too tight and I have a feeling that you are getting a little bit nervous sometimes.Getting the bigger picture you 'll do fine..It's a matter of time to start trading very good..All the best to you!

moscow mike 17:57 GMT January 29, 2010
EUR/USD

USA ZEUS 17:05 GMT January 29, 2010
EUR/USD: Reply
Long EUR/USD @ 1.3864
================

Taking candies from the kids?

Ath. Xarian 17:56 GMT January 29, 2010
euro/usd

What Does Rebalancing Mean?
The process of realigning the weightings of one's portfolio of assets. Rebalancing involves periodically buying or selling assets in your portfolio to maintain your original desired level of asset allocation.
For example, say your original target asset allocation was 50% stocks and 50% bonds. If your stocks performed well during the period, it could have increased the stock weighting of your portfolio to 70%. You may then decide to sell some of your stocks and buy bonds to get it back to your original target allocation of 50/50.

SH HL 17:51 GMT January 29, 2010
eurchf

KY, same to you mate. I see u catch some nice pips this year, keep the good work up!!!

sofia kaprikorn 17:50 GMT January 29, 2010
euro/usd

would u pls elaborate on rebalancing?

Ath. Xarian 17:49 GMT January 29, 2010
euro/usd
Reply   
Closed all my shorts from 1,4545 @ 1,3875.
Will long a few and wait..It's the end of the month!Don't forget it..Rebalancing is needed for the big sharks..

gt

sofia kaprikorn 17:44 GMT January 29, 2010
eurchf

hl - hi mate! hope all is well with you there!

I'd be happy to fade the 1.4750/60 level if I hadn't got trapped in my 'falling knife' trade... but life's teaching in different ways..

cheers and gl/gt!

Lahore FM 17:44 GMT January 29, 2010
weekly charts

Ardent,trend is a matter of standpoint and perspective when it comes to a contra trade.here too the long is off eurusd weeklies.

at 1.51 eurusd was trending for 1.60 and 1.70 in six months time for many.

trading will always remain a matter of discretion!

USA ZEUS 17:43 GMT January 29, 2010
weekly charts

Perhaps there is no such thing as "the" trend but that there are a possibility of many trends on historical data, which is not the same as the future. Serially dependent feedback loops.

tallinn viies 17:42 GMT January 29, 2010
eurchf
Reply   
nice fight anyway,
and on technical perspective it is is important close today. will see how it plays out. I guess SNB will have more power than market right now

Medan Ardent 17:39 GMT January 29, 2010
weekly charts

Trend is your friend. I c here a lot members against it. Why?

Sofia, A-B-C count, euro 100 % is 1.3653.
waiting there for long.

Wall Street 17:38 GMT January 29, 2010
eurchf

Smells like intervention. No SNB statements.

sh hl 17:38 GMT January 29, 2010
eurchf

it is going down 50 pips when they finish buying...excellent opportunity

sofia kaprikorn 17:34 GMT January 29, 2010
eurchf

haha that's some fireworks there... 100 pips boost by snb/bis/whatever..

tallinn viies 17:27 GMT January 29, 2010
eurchf
Reply   
late hour intervention in eurchr?

sofia kaprikorn 17:26 GMT January 29, 2010
weekly charts
Reply   
btw while I'm in a bad trade as my execution was a bit too early and don't have staying power I still have in mind we are right at the 200-Week MA in EUR/USD at 1.3857...

btw also I saw a post from a fund manager from Wells Fargo who was calling for a reversal on Feb 2 - and looking at indices, metals, energy all look extended and in bear markets snap-backs are fast as I read, since it's my first bear market I'm trading in..
I know it looks like I'm just rationalizing my bad trade but still I'm looking for reversal in DX as it might be normal after an extended trend to have a correction.

GVI Forex Blog 17:22 GMT January 29, 2010 Reply   
UPCOMING DATA HIGHLIGHTS: Monday features manufacturing PMI data from most major economies in the U.S. and Europe. In North America, U.S., Personal Income data and construction data are due as well.

GVI Forex- Data Outlook for February 1, 2010

GVI Forex john 17:18 GMT January 29, 2010
GVI Forex Trading Support

Jan 29 (global-view.com) UPCOMING DATA HIGHLIGHTS: Monday features manufacturing PMI data from most major economies in the U.S. and Europe. In North America, U.S., Personal Income data and construction data are due as well.

 

 

MONDAY

 

 

8:30

CH

Jan Mfg PMI

55.2

54.6

8:58

EZ

Jan MFG PMI

52

51.6

9:30

UK

Jan MFG PMI

54

54

13:30

US

Dec Per Inc

0.30%

0.40%

13:30

US

Dec Core PCE mm

0.10%

0.20%

15:00

US

Jan MFG PMI

56.5

54.9

15:00

US

Dec Construction

-0.20%

-0.60%

 

 

TUESDAY

 

 

3:30

AU

RBA RBA (3.75%)

+25bp

+25bp

10:00

EZ

Dec PPI mm

0.00%

0.10%

10:00

EZ

Dec PPI yy

-3.00%

-4.40%

15:00

US

Dec Pnd-Home

n/a

-16.00%

21:30

US

API Energy

n/a

n/a

 

sofia kaprikorn 17:15 GMT January 29, 2010
GBPUSD

mike -- nice trade!

I'm looking making an effort to evolve into trading in such a manner - extending holding periods and trading swings instead of just taking here and there. cheers!

tokyo rana 17:14 GMT January 29, 2010
hi
Reply   
is it break in nyc usa?lunch time?

lkwd jj 17:14 GMT January 29, 2010
GBPUSD

closed out short @31 at 14. good w/e to all.

USA ZEUS 17:05 GMT January 29, 2010
EUR/USD
Reply   
Long EUR/USD @ 1.3864

tokyo rana 17:03 GMT January 29, 2010
GBPJPY
Reply   
GBPJPY
Entry: Target: Stop:

Again stop lowering idonot know why....Anybody have any advise?Regards

Lahore FM 17:02 GMT January 29, 2010
Trade Ideas

Buy eurusd
Entry: 1.3871 Target: open Stop: 1.3828

long here now.

USA ZEUS 16:58 GMT January 29, 2010
GBPUSD

moscow mike 16:56 GMT January 29, 2010

Great work Dr. Mike!

moscow mike 16:56 GMT January 29, 2010
GBPUSD

Closed last allocation on cable shorts from 1.6405 for +400 pips.

Happy week end to all.

sofia kaprikorn 16:53 GMT January 29, 2010
ST scalp trade

sofia kaprikorn 16:38 GMT January 29, 2010
added on the way down last add 1.3880 - avg now 1.3898.
------
last add at 1.3870 / avg. 1.3894
stop will be applied discretionary.

tokyo rana 16:46 GMT January 29, 2010
THANX GOD
Reply   
Buy GBPJPY
Entry: Target: Stop:

Thanx God pound is going...GBP is crazy..........

USA ZEUS 16:46 GMT January 29, 2010
gbp

So does my account! LOL

lkwd jj 16:42 GMT January 29, 2010
gbp

mkt loves big figures.

USA ZEUS 16:40 GMT January 29, 2010
usdjpy

nyc ws 16:35 GMT January 29, 2010

Did not take it personal (since I am not the devil nor D.)
Just trying to understand why it would be a "screw job" if properly following indicators. However, like you said, for those buying on blind faith, there is always the "other" side of the golden trade.

USA ZEUS 16:40 GMT January 29, 2010
usdjpy

nyc ws 16:35 GMT January 29, 2010

Did not take it personal (since I am not the devil nor D.)
Just trying to understand why it would be a "screw job" if properly following indicators. However, like you said, for those buying on blind faith, there is always the "other" side of the trade of a golden trade.

GVI Forex Blog 16:38 GMT January 29, 2010 Reply   
The positive US economic data further strengthened the greenback during the New York session, with EUR/USD approaching fresh six-month lows near 1.3900.

Forex Blog - US Market Update (Trade the News)

sofia kaprikorn 16:38 GMT January 29, 2010
ST scalp trade

sofia kaprikorn 16:01 GMT January 29, 2010
long eur/usd 1.3906 / sl 1.3898
------------
added on the way down last add 1.3880 - avg now 1.3898.
stop is removed for now.

woburn db 16:37 GMT January 29, 2010
USD/INX

ya how come the USD/INX chart freezes all the time

makassar alimin 16:36 GMT January 29, 2010
Keep buying

be careful bro, it is quite moody on a friday like this

nyc ws 16:35 GMT January 29, 2010
usdjpy

Zeus it was not meant for you but the market, which got screwed buying them up on better data today.

GENEVA JFO 16:33 GMT January 29, 2010
Keep buying
Reply   
Buy eurusd
Entry: 1.3874 Target: Stop:

eurusd is set for a rebound soon

bought more eurusd at 1.3874

GVI Forex Blog 16:30 GMT January 29, 2010 Reply   
This week the euro slipped below 1.40 against the dollar again for the first time in six months.The Greek debt crisis is continuing to weigh on the single currency. But market participants were also

FX Briefing - Uncertainty boosts the dollar

USA ZEUS 16:28 GMT January 29, 2010
usdjpy

nyc ws 16:24 GMT January 29, 2010

What does this mean? My JPY crosses have been golden opportunities with smooth as butter price transitions.

Juffair KaL 16:24 GMT January 29, 2010
eurnzd
Reply   
EUR/NZD 1.9507
EUR/NZD 1.956
EUR/NZD 1.9613
EUR/NZD 1.9666

Longed at MKT and adding
gl

nyc ws 16:24 GMT January 29, 2010
usdjpy

Screw job in jpy crosses. The devil rules.

lkwd jj 16:22 GMT January 29, 2010
gbp

somebody keeps stepping up to defend the figure as the 16011 level s2.getting closer but no cigar yet. wouldve thought with -uk news yesterday and + usd news today has achance still day not over...

lkwd jj 16:13 GMT January 29, 2010
ST scalp trade

nigel jubbs got famous for trades with STOPS like yours.

lkwd jj 16:12 GMT January 29, 2010
usdjpy
Reply   
someone doing a job in there as dropped 50 pips very quickly last hour.

moscow mike 16:10 GMT January 29, 2010
GBPUSD

Zeus, jj - thank you both for kind remarks. makes more sence to post ideas if any.

GT

sofia kaprikorn 16:01 GMT January 29, 2010
ST scalp trade

sofia kaprikorn 15:57 GMT January 29, 2010
long eur/usd 1.3906 / sl 1.3898
............
hm, I didn't have time to put the stop so still holding the long - intend to give it some more time and not risk more than 30 pips..

nyc ws 16:01 GMT January 29, 2010
ST scalp trade

Sofia, with that type of stop it is easier to get scalped than scalp

lkwd jj 15:58 GMT January 29, 2010
gbp

odds we break 1.60 today?

sofia kaprikorn 15:57 GMT January 29, 2010
ST scalp trade
Reply   
long eur/usd 1.3906 / sl 1.3898

GVI Forex Blog 15:39 GMT January 29, 2010 Reply   
Recent bearish price action on spot gold, a daily chart of which is shown, has descended all the way down to key support around the 1070 price region, forming a tentative double bottom

Chart of the Day - 1/29/2010 – GOLD

GVI Forex Blog 15:32 GMT January 29, 2010 Reply   
EUR/USD Elliott Wave Count – Big Picture

FXTimes:EUR/USD Elliott Wave Count – Big Picture

lkwd jj 15:07 GMT January 29, 2010
gbp
Reply   
sell stops below mkt for challenge of 160.time limit as need mkt participants or else get caught short with no other sellers.

lkwd jj 15:01 GMT January 29, 2010
economic forcasts
Reply   
consensus was 0 for 3 today...

Juffair KaL 14:43 GMT January 29, 2010
FM Heading to Tokyo
Reply   
on da the next flight...
sounds nice!!
fall in Love with a french...get married to a Japanese Baby!!

Hong Kong Qindex 14:40 GMT January 29, 2010
QIndex Trading System

Sell GBP/USD
Entry: Target: Stop:

GBP/USD : Place the stop at 1,6080

tokyo rana 14:40 GMT January 29, 2010
GBPJPY

Idonot know FM mean..what is this please tellme?kindly best regards

Richland QC Mailman 14:39 GMT January 29, 2010
gbpusd

Hi JJ. Yup. thanks. but because of a friend here, who is an IB, I got in another broker. It gives Solution to FX.

Hong Kong Qindex 14:39 GMT January 29, 2010
QIndex Trading System

Sell GBP/USD
Entry: Target: Stop:

01/29/2010 01:08:08 Qindex Hong Kong 5

GBP/USD
Entry: Target: Stop:
GBP/USD : The bias is on the downside when it is below 1.6150. The market may tackle the supporting range at 1.6019 - 1.6028. Speculative selling pressure will increase when the market is trading below 1.6077. One should square 50% at the daily cycle matrix at 1.6057 - 1.6085 - 1.6108.



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


01/28/2010 08:42:21 Qindex Hong Kong 5

Sell GBP/USD
Entry: 1.626o Target: 1.6080 Stop: 1.6324
GBP/USD : The current expected trading trading is 1.6077 - 1.6275. It is likely that we have seen the daily high already. Projected resistant levels are located at 1.6308 and 1.6319. Allow 5 pips above 1.6319 is good enough.


GBP/USD : Monthly Cycle Charts
http://www.qindex.com/gbp.html

USA ZEUS 14:36 GMT January 29, 2010
GBPUSD

moscow mike 05:34 GMT January 29, 2010

Amazing call Dr. Mike!
Still applying secretive Russian aeronautical algorithms?

Juffair KaL 14:35 GMT January 29, 2010
GBPJPY

That is so sweet Rana.
Been a while
FM would you please?

GVI Forex john 14:35 GMT January 29, 2010
GVI Forex Trading Support

Data Call @ 14:55 GMT-

University of Michigan Consumer Sentiment


The University of Michigan Survey is a consumer confidence index published (and revised) over each month. The index is normalized to 100 (December 1964). At least 500 telephone interviews are conducted each month. 50 core questions are asked.

Lahore FM 14:35 GMT January 29, 2010
GBPJPY

rana,FM stands for initials of my name.i guess you are from subcontinent!

lkwd jj 14:32 GMT January 29, 2010
gbpusd
Reply   
moscow mike 05:34 GMT January 29, 2010
GBPUSD: Reply
See massive contraction on gbpusd daily chart. Anticipating blasting moves to come out soon.

GT 2 all
-----------------------------------
nice call on blasting moves as it moved BOTH ways. first up then down.200+ from top would be 15975 area.


mailman: did ytou get my email re; gee ef tee?

GVI Forex john 14:31 GMT January 29, 2010
GVI Forex Trading Support

Data Call @ 14:45 GMT

Regional PMI - Empire State


Most major economies have purchasing managers indices (PMI) released monthly. They are compiled by various organizations. Some focus on the manufacturing sector while others measure the service sector. They are a very current measure of the economic health of the manufacturing or services sector. The PMI indies are usually based on five major indicators: new orders, inventory levels, production, supplier deliveries and the employment environment.

A PMI of greater than 50 represents expansion, compared to the previous month. A reading under 50 represents a contraction, while a reading at 50 indicates no change.

We find the PMI indices to be useful predictors of future economic activity.

tokyo rana 14:30 GMT January 29, 2010
GBPJPY

Buy
Entry: Target: Stop:

What is meaning of FM please tellme?kind regards

Juffair KaL 14:22 GMT January 29, 2010
GBPJPY

Rana
I think FM is right

Gen dk 14:18 GMT January 29, 2010 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Juffair KaL 14:17 GMT January 29, 2010
OK Ladies..ZARJPY?
Reply   
shorts
did 2 lots short
adding
ZAR/JPY 12.14
ZAR/JPY 12.079
ZAR/JPY 12.019

Wall Street 14:12 GMT January 29, 2010
EURUSD
Reply   
We are now showing 1.3960 as neutrality and 30-40 pips as expected range around that point.

Belgrade AS 14:09 GMT January 29, 2010
audusd
Reply   
Sell audusd
Entry: 0,8930 Target: Stop: 0,8985

looking at crude and gold charts....i just had to do it!...it was stronger then me....
targets-later

GVI Forex Blog 14:08 GMT January 29, 2010 Reply   
So, how does this loop back to hurting the price of gold?

The Short Case for Dumping Gold Here

Lahore FM 14:05 GMT January 29, 2010
Trade Ideas

01/27/2010 13:43:49 FM Lahore 8

Buy EurChf
Entry: 1.4723 Target: 1/2 at 1.4790,order in Stop: 1.4680
long here.
--
stopped at 1.4680 for minus 43 earlier.

Lahore FM 14:02 GMT January 29, 2010
Trade Ideas

01/28/2010 15:28:13 FM Lahore 5
correction*

bought eurgbp 0.8641*


01/28/2010 15:23:57 FM Lahore 6

eurgbp
Entry: 0.8641 Target: Stop: 0.8600
bought eurgbp 0.8641,clearing 0.8710 makes the break upwards!
--
half closed for +45 pips at 0.8686 now.stops raised to 0.8930 on remainder long.target for 2nopen as before.

sofia kaprikorn 13:59 GMT January 29, 2010
go with the flow

added 1/2 eur/usd at 1.3958 / avg. 1.3959
________________________
closed at 1.3954 for +5

all in all lousy trading but at least took back some of the losses form yesty equity peak. gotta rest to come fresh next week.
good weekend all!

Lahore FM 13:59 GMT January 29, 2010
GBPJPY

rana,you are misusing the PositionTrades box check!

gbpjpy is headed lower with gbpusd.

sofia kaprikorn 13:55 GMT January 29, 2010
go with the flow

remaining 1/2 GBP/USD closed at 1.6057 from 1.6124

tokyo rana 13:54 GMT January 29, 2010
GBPJPY
Reply   
Buy GBPJPY
Entry: Target: Stop:

What is chances of GBPJPY pair...If any body know please tellme?What do you think about japanese yen?Best regards

tokyo rana 13:54 GMT January 29, 2010
GBPJPY
Reply   
Buy GBPJPY
Entry: Target: Stop:

What is chances of GBPJPY pair...If any body know please tellme?What do you think about japanese yen?Best regards

sofia kaprikorn 13:53 GMT January 29, 2010
go with the flow

1/2 gbp/usd out at 1.6069

GVI Forex john 13:53 GMT January 29, 2010
GVI Forex Trading Support



Advance GDP estimate +5.7% pa in 4Q09.

Belgrade AS 13:51 GMT January 29, 2010
u.s.GDP
Reply   
Sell eurusd
Entry: 1,3960 Target: Stop: 1,3990

29 Jan 14:37:02 US 4Q GDP: Gross private investment jumped 39.3% offsetting a drop in durable goods consumption from 20.4% to -0.9%.
29 Jan 14:31:30 U.S. GDP RISES TO 5.7% SURPASSING ESTIMATES OF 4.7%, RISING FROM 2.2%. PERSONAL CONSUMPTION FELL TO 2.0% FROM 2.8%
---------------------------------
corelation players beware!this is AGAIN both pro usd and pro stox
i recomend buying usd against eur-euro zone CPI(as proxi for inflation)came in less then expected...with all the other problems already piled up...
good luck

GVI Forex Blog 13:31 GMT January 29, 2010 Reply   

Better than Expected GDP Could Support Demand for Higher Risk Assets

GVI Forex Blog 13:21 GMT January 29, 2010 Reply   

Forex Traders await Key U.S. GDP Data

GVI Forex Jay 13:16 GMT January 29, 2010
EUR/USD
Reply   
EUR/USD 1.3987 (intra-day high) is also the daily pivot point

GVI Forex futures 13:12 GMT January 29, 2010
GVI Forex Trading Support

EURO FX futures open interest increased 2,684 contracts Thursday to 185,485. We assume that traders were adding to their shorts again. Notable this week has been the relatively small adds to positions given the decisiveness of the technical signals recently.

The Friday close sees the release of the weekly Commitment of Traders Report which lays out trader positions in detail as of the Tuesday close. We expect short interest by speculative traders to have increased. Focus is by how much.

GVI Forex john 12:57 GMT January 29, 2010
GVI Forex Trading Support

Data Call @ 13:30 GMT
Canada & U.S. Gross Domestic Product (GDP)


The total value of goods and services produced within the borders of a country, regardless of who owns the assets or the nationality of the labor used in producing that output. The growth of output is usually measured in real terms, meaning increases in output due to inflation have been removed.

Importance: One goal (often unstated) of central banks is sustained growth of the economy with full employment and stable prices. Real GDP is the most comprehensive measure of the performance of an economy. By monitoring trends in the overall growth rate as well as the unemployment rate and the rate of inflation, policy makers are able to assess whether the current stance of monetary policy is consistent with its policy goals.



Canada Producer Price Index (PPI)

The PPI is a price index designed to measure the level of wholesale prices in a given economy. Its another input into the policy making decisions of central banks.

Juffair KaL 12:40 GMT January 29, 2010
low risk

gbpnzd
Longs
GBP/NZD 2.2532
GBP/NZD 2.2601
GBP/NZD 2.2669
GBP/NZD 2.2738
GBP/NZD 2.2808

easily to 2.3100

sofia kaprikorn 12:34 GMT January 29, 2010
go with the flow

added 1/2 eur/usd at 1.3958 / avg. 1.3959
added 1/2 gbp/usd at 1.6121 / avg. 1.6124

sofia kaprikorn 12:28 GMT January 29, 2010
go with the flow

sofia kaprikorn 12:03 GMT January 29, 2010
long EUR/USD 1.3971 / SL 1.3939
long GBP/USD 1.6139 / SL 1.6108
-------------------------------
rangebound till US session -imho the upward push has lost momentum - eur/usd has stopped right at daily pivot.
SAR both positions:
short EUR/USD 1.3960 (loss -11) / SL 1.3980
short GBP/USD 1.6127 (loss -12) / SL 1.6155

Richland QC Mailman 12:23 GMT January 29, 2010
go with the flow

Yup. As always gbp game is an excellent choice. 4-Hr chart - the way the candles have lined up shows you bull bricks protecting 1.6100. However, this should be at 1.6200 already by now. Look at how it is retreating listlessly.

Belgrade AS 12:17 GMT January 29, 2010
go with the flow

hi Mailman!
gbpusd-good choice of a game friend...just slipped sub bottom of a rising channel...depending on usGDP data,i would wait for daily close below 1,6100 for confirmation and sell like crazy.taget=1,5730
risk lovers coud use us gdp volatility to enter well above 1,61
cheers

HK [email protected] 12:10 GMT January 29, 2010
REVISE TARGER FOR MORNING TRADE
Reply   
TEMPORARY REVISE TARGET TO 90.50
............................................................
HK [email protected] 00:03 GMT January 29, 2010
AUS/USD: Reply
Buy AUS/USD
Entry: 88.90 Target: 90.30 Stop: 88.40

Richland QC Mailman 12:03 GMT January 29, 2010
go with the flow

HI AS. Nice to see you mate. Just like old times.

What is your current take on our dear cable? thanks

GVI Forex Blog 12:03 GMT January 29, 2010 Reply   

FX Thoughts for the day : 29-Jan-2010 - 1201 GMT

sofia kaprikorn 12:03 GMT January 29, 2010
go with the flow

trying to pick some rotation through the daily pivots:
long EUR/USD 1.3971 / SL 1.3939
long GBP/USD 1.6139 / SL 1.6108

tallinn viies 11:43 GMT January 29, 2010
eurusd
Reply   
heard that BIS rumoured buyer at 55-60 level

London M 11:31 GMT January 29, 2010
go with the flow

you have been showing the excellent trading records in the past. One or two days whipsaws are something we all have to cope with sometimes.

Keep your chin up
I am 100% sure you will go back to be ' a money machine ' again ! :)
good luck

Belgrade AS 11:27 GMT January 29, 2010
go with the flow

sofia,don't be harsh on yourself.shorting eurusd was not much of a mistake...ok,it's way oversold on daily but it begged for a sell-off around 80's...i guess european pears are not helping much regarding Greek debt situation
-----------------------------------
29 Jan 12:24:26 GREEK FINMIN: With country's current problems it would be disastrous to be outside of the Euro.
29 Jan 12:14:34 EU ALMUNIA: Bailout for Greece is not possible and does not exist.(news from last 10 minutes!)
----------------------------------
it's us GDP's turn to go usd positive now....that's what i think,anyway

Richland QC Mailman 11:21 GMT January 29, 2010
go with the flow

Hi sofia kaprikorn. Thanks for your email and inputs re: forex broker.

Chart formation of euro is kinda confusing since yesterday. Whichever currency is giving you consistent gains, stick with it. I believe every currency has its inherent characteristics. There are specific seasons of the market where it is simple to spot trading edges like that of usd/cad, usd/yen, and gbp/usd yesterday until today.

Even if you got whipsawed, for as long as you are just risking 2-3% of your equity at the most, then you could still be at peace. I know we have a lot of savvy and veteran traders here. But it will be helpful if you can find a partner, a trading soulmate, or a coach in trading who can act sometimes as your conscience. You work as a team with him/her. You will see how things will be different.

Happy trades!

GVI Forex Blog 11:06 GMT January 29, 2010 Reply   
11:00 GMT- Jan 29 (global-view.com) The focus heading into the weekend appears to be the Greek debt crisis. Pressure within the EU is on the Greek government to solve its own budget crisis, but there is no way that Eurozone will not bail it out in the end if absolutely required

Daily GVI Forex Forex View- Cautious Pre-Weekend Trade

GVI Forex Blog 11:05 GMT January 29, 2010 Reply   
The euro steadied after hitting multi-month lows on Friday as uncertainty over U.S. GDP data led to squaring up of short positions, and on reports Greece would get support from its European peers.

FOREX NEWS-Euro comes off lows; all eyes on U.S. GDP

GVI Forex john 11:03 GMT January 29, 2010
GVI Forex Trading Support


The Daily Forex View

Cautious Pre-Weekend Trade

11:00 GMT- Jan 29 (global-view.com)  The focus heading into the weekend appears to be the Greek debt crisis. Pressure within the EU is on the Greek government to solve its own budget crisis, but there is no way that Eurozone will not bail it out in the end if absolutely required

MORE...

GVI Forex Blog 11:01 GMT January 29, 2010 Reply   
Currencies: Rumors continue to swirl about the peripheral European debt situation. The session saw a bit of relief in risk aversion as Euro-zone bond spreads narrowed on persistent speculation of a looming Greek bailout.

European market Update: Renewed rumors of a potential Greek bailout plan aids risk appetite

sofia kaprikorn 10:54 GMT January 29, 2010
go with the flow

sofia kaprikorn 10:49 GMT January 29, 2010
SAR to short at 1.3955 with -15 loss. stop above 1.3987 pivot
____________________
closed all at 1.3972 - made multiple mistakes and got whipsawed.

SF WM 10:54 GMT January 29, 2010
eurusd

I just closed the 1.3970 eurusd short at 1.3963. Back to sleep.

London Misha 10:50 GMT January 29, 2010
Observations
Reply   
EURUSD - Three Black Crows on the Daily Chart. Still Dec-Jan Bear Flag formation running market!
USDJPY - Long Legged Doji on the Daily Chart!
GBPUSD - Third close under the Long MA & niow a possible Shooting Star on the Daily Chart.
USDCHF - Testing Long MA resistance! However, possible Three White Soldiers OR an Advance Block on the Daily Chart!
EURGBP - Dead cross of the Short MA down through the Long MA. However, possible Bullish Hammer on Daily Chart.
EURJPY - Possible Bearish Shooting Star on the Daily Chart.
USDCAD - Possible Bullish Hammer on the Daily Chart.
AUDUSD - Possible Inverted Bullish Hammer.
NZDUSD - Possible Bullish Inverted Hammer OR a Shooting Star on the Daily Chart.

sofia kaprikorn 10:49 GMT January 29, 2010
go with the flow

sofia kaprikorn 08:46 GMT January 29, 2010
-----------------------------
added last 1/3 at 1.3966 / avg 1.3970.
______________________________
SAR to short at 1.3955 with -15 loss. stop above 1.3987 pivot

sofia kaprikorn 10:23 GMT January 29, 2010
go with the flow

tnx JP - that's a valuable advice I'd pay heed to.

Gen dk 10:15 GMT January 29, 2010 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Juffair KaL 10:08 GMT January 29, 2010
Politicans on BBC world

from a life conclusion,
seems that most citizens of countries has the most problem from thier own goverment...rather then other countries.
I wonder who the enemy is?

tokyo ginko 10:06 GMT January 29, 2010
account trader

Hi la fxt

Regarding your offer, I would like to invest $10 today and hope to receive a payout of USD 1,157,700 on 29Jan2011.

Kindly send me a international bank draft of USD 1,157,700 - USD 10 (investment cost) on 29Jan2011.

Oh heck, just round up and send me a bank draft of USD, 1,100,000.

Keep the USD 57,700 and buy yourself a new BMW Z4.

Thank you in advance.

Mtl JP 10:02 GMT January 29, 2010
go with the flow

similar to your earlier Q about inflation.. in view of the number of choices one could play vs one's relative ressource availibility to take them on - unless of course one is well funded, and who isn't, eh? - trading tactic boils down to one of two:
- madly throw around many grenades OR
- patiently wait for specific, well thought out and prepared for opportunity to thrust a rapier to the heart and twist
to come out a winner.

because of the leverage employed in FX, those who are relatively to under-funded have utmost respect for risk. I know at least one player who limits his plays to only one or two pairs patiently waiting for that market's weak moment (such as and for example "the more times tested weaker res or sup becomes")

Juffair KaL 09:53 GMT January 29, 2010
Politicans on BBC world
Reply   
Tony Balir...Lieing to his teeth
about IRAQ
maybe just a little too late there Tony.
Just Listen to the Forks
Not going to Jail...Maybe Political Immunity takes over.
Wonder who did that Rule?..."It Can Not be the Politicians now...would it?"
"Orginzed Crime at it's Best"

Hong Kong Qindex 09:53 GMT January 29, 2010
QIndex Trading System

USD/CAD
Entry: Target: Stop:

USD/CAD : The market is stable when it is able to trade above the daily cycle matrix system at 1.474 - 1.0535 - 1.0644.

Viet Nam Forex Begin 09:51 GMT January 29, 2010
Forex Signal : 30 pips Daily !
Reply   
Sell GBP/USD
Entry: 1.6142 Target: 1.6112 Stop: 1.6172

Friday, 29 January 2010 09:52 GMT

Today, the market is moving strongly up.

Howerver, once again, i will place order for the opposite trend.

Free Signals for morning today

Juffair KaL 09:47 GMT January 29, 2010
low risk

Nature of this pair...
has more in the down side then the upside
doing it with 5 entries

London SEB 09:21 GMT January 29, 2010
UK/JB
Reply   
Fantastic calls again UK/JB i am so annoyed i missed your earlier calls . Just seen them now. I always look at for them and take note .

tokyo rana 08:55 GMT January 29, 2010
low risk

Sell GBPJPY
Entry: Target: Stop:

Sell GBPJPY 147.6634 141.4196

you mean sale between 147.663 to 141.4196?


is that true?i sold at 145.35 but now up...

sofia kaprikorn 08:55 GMT January 29, 2010
go with the flow

indeed - I read some interesting articles on similarities b/ween Texas Hold'em & Trading - many legends like Jim Simmons, Jeff Yass and David Einhorn say that 90% of time you gotta fold till the right moment comes..

think that is one comes with experience if it's not a gift by birth.

Juffair KaL 08:53 GMT January 29, 2010
low risk
Reply   
if you low risk

order at for whatever

General Trend Pair Short Level Buy Level
Sell EURUSD 1.4128 1.3767
Buy USDJPY 91.0680 88.0749
Sell GBPUSD 1.6339 1.5907
Buy USDCHF 1.0672 1.0397
Sell EURCHF 1.4778 1.4623
Sell AUDUSD 0.9110 0.8780
Buy USDCAD 1.0857 1.0568
Sell NZDUSD 0.7158 0.6889
Sell EURGBP 0.8754 0.8541
Sell EURJPY 127.0605 122.1687
Sell GBPJPY 147.6634 141.4196
Sell CHFJPY 86.6611 83.4195
Sell GBPCHF 1.7203 1.6778
Buy EURAUD 1.5849 1.5430
Buy EURCAD 1.5091 1.4706
Buy AUDCAD 0.9670 0.9375
Sell AUDJPY 81.8858 77.5580
Sell CADJPY 85.4957 81.9426
Sell NZDJPY 64.6295 61.2133
Buy GBPAUD 1.8436 1.7840
Buy GBPNZD 2.3386 2.2601
Buy AUDNZD 1.2819 1.2536
Buy USDSEK 7.5115 7.2495
Buy USDDKK 5.4138 5.2739
Buy EURSEK 10.3856 10.1701
Buy EURNOK 8.2962 8.1464
Buy USDNOK 6.0052 5.8043
Buy USDMXN 13.1763 12.7547
Sell AUDCHF 0.9514 0.9235
Buy EURNZD 2.0151 1.9560
Buy USDZAR 7.8044 7.4450
Buy USDSGD 1.4155 1.3945
Buy USDHKD 7.7790 7.7669
Buy GBPSEK 12.0999 11.7206
Sell NOKJPY 15.5968 14.3926
Sell SEKJPY 12.5087 11.3951
Sell SGDJPY 64.8104 62.5296
Buy HKDJPY 11.7201 11.3307
Sell ZARJPY 12.0796 11.3872
Buy USDTRY 1.5205 1.4671

Kaunas DP 08:49 GMT January 29, 2010
go with the flow

you are right... the only advantage we have against the market is the time we stay out of the market.. GT

Juffair KaL 08:48 GMT January 29, 2010
JPY crosses going on sale

Buying USDCAD
USD/CAD 1.0543
USD/CAD 1.0568
USD/CAD 1.0592
USD/CAD 1.0616

did one lot at mkt

Hong Kong Qindex 08:48 GMT January 29, 2010
QIndex Trading System

GBP/JPY
Entry: Target: Stop:

GBP/JPY : The market is under pressure when it is rejected from the barrier at 145.61 // 146.96. Speculative selling pressure will increase when the market is trading below 145.07.



GBP/JPY : Monthly Cycle Charts
http://www.qindex.com/gbp-yen.html

sofia kaprikorn 08:46 GMT January 29, 2010
go with the flow

sofia kaprikorn 08:28 GMT January 29, 2010
long EUR/USD 1.3976 / SL 1.3940
-----------------------------
added 1/2 at 1.3969 / avg 1.3972
-----------------------------
added last 1/3 at 1.3966 / avg 1.3970.

I just lost my nerve as my overnight trade ideas proved right with the designated stops intact but I closed them and then I got stopped this morning on an overextended target move. feel I'm totally out of sync with market and maybe better walk away for some time.

tokyo rana 08:44 GMT January 29, 2010
JPY crosses going on sale

Sell gbp
Entry: Target: Stop:

what about GBP/JPY sell or buy?

Juffair KaL 08:44 GMT January 29, 2010
hello

i placed orders to sell
1 lot each

GBP/JPY 148.242
GBP/JPY 147.663
GBP/JPY 147.086
GBP/JPY 146.511
GBP/JPY 145.938
still a sell IMO

HK [email protected] 08:42 GMT January 29, 2010
account trader

To make things more accurate, an account earning 80% monthly, will turn every 1$ invested(if no profits removed) into 1.8^12=1156.83$ or a humble ~115,700% yearly... not bad at all.

tokyo rana 08:41 GMT January 29, 2010
euro
Reply   
Sell euro
Entry: Target: Stop:

Jan. 29 (Bloomberg) -- Greek bonds and credit-default swaps show investors are starting to doubt that the nation can reduce the largest budget deficit in the European Union without help from outside.

The nation’s government bonds are the world’s worst performers in January, losing 4.19 percent in local currency terms and extending their decline over the past three months to 10 percent, Bloomberg/EFFAS indexes show. Credit-default swaps tied to Greece trade at about the same levels as Dubai when it got a $10 billion bailout from Abu Dhabi in December.

“There’s a lot of self-fulfilling prophecy, because if you follow the market and sell Greece off then the probability that external help is needed will rise,” said Christoph Kind, the Frankfurt-based head of asset allocation at Frankfurt Trust, which manages about $20 billion. “We will have to see an official statement from EU officials or the European Central Bank on how they can show their support for Greece.”

The German and French governments denied a report yesterday in the newspaper Le Monde that European Union member states are examining ways to provide assistance. Prime Minister George Papandreou said the country doesn’t need to borrow from European nations.

Greece’s bonds have slumped on concern the government isn’t acting quickly enough to plug a budget deficit that was almost 13 percent of gross domestic product last year, more than four times the EU’s limit. The European Commission said Jan. 27 that Greece hasn’t done enough

sofia kaprikorn 08:28 GMT January 29, 2010
go with the flow

sofia kaprikorn 08:24 GMT January 29, 2010
long EUR/USD 1.3976 / SL 1.3940
-----------------------------
added 1/2 at 1.3969 / avg 1.3972

PAR 08:28 GMT January 29, 2010
GREECE
Reply   
Jan. 29 (Bloomberg) -- Greek bonds and credit-default swaps show investors are starting to doubt that the nation can reduce the largest budget deficit in the European Union without help from outside.

The nation’s government bonds are the world’s worst performers in January, losing 4.19 percent in local currency terms and extending their decline over the past three months to 10 percent, Bloomberg/EFFAS indexes show. Credit-default swaps tied to Greece trade at about the same levels as Dubai when it got a $10 billion bailout from Abu Dhabi in December.

sofia kaprikorn 08:24 GMT January 29, 2010
go with the flow
Reply   
long EUR/USD 1.3976 / SL 1.3940

sofia kaprikorn 08:12 GMT January 29, 2010
GBP/USD 21mva-1.6168

sofia kaprikorn 07:09 GMT January 29, 2010
short 1.6136 / sl 1.6166
-----------------------
added 1/2 at 1.6127 // avg 1.6132
_____________________________
stops hit for -34

tokyo rana 07:57 GMT January 29, 2010
hello
Reply   
Buy gbp
Entry: Target: Stop:

any info about gbp/jpy buy or sell?

Hong Kong 07:56 GMT January 29, 2010
GBP/USD Market Daily Outlook by AceTrader
Reply   
INTRA-DAY GBP/USD: 1.6128


Last Update At 29 Jan 2010 06:31 GMT


Although cable has retreated after staging a
recovery fm 1.6110 to 1.6160 in Asia due to intra-
day cross selling in sterling, as y'day's selloff
fm 1.6277 is losing momentum, reckon 1.6093 wud con
tain weakness n bring another bounce.


For st trade, buy dips with stop below 1.6077
sup or sell if price rises to 1.6170 for 1.6120.


Range Forecast
1.6110 / 1.6150


Resistance/Support
R: 1.6172/1.6225/1.6277
S: 1.6110/1.6093/1.6077

http://www.acetraderfx.com

Juffair KaL 07:54 GMT January 29, 2010
JPY crosses going on sale
Reply   
selling
1 lot each

CAD/JPY 84.889
CAD/JPY 85.192
CAD/JPY 85.8
CAD/JPY 85.495
CHF/JPY 86.945
CHF/JPY 86.377
CHF/JPY 86.661
CHF/JPY 86.095
EUR/JPY 126.208
EUR/JPY 127.488
EUR/JPY 126.633
EUR/JPY 127.06
NZD/JPY 63.708
NZD/JPY 64.321
NZD/JPY 64.014
NZD/JPY 64.939
NZD/JPY 64.629

Buying
USD/HKD 7.7657
USD/HKD 7.7646
USD/HKD 7.7662

PAR 07:24 GMT January 29, 2010
CHANGE - BERNANKE
Reply   
If Obama wants change , the reappointment of Bernanke indicates continuity and a first step in the wrong direction. Hence lower stock markets and risk aversion.

Imho no change , but 4 more years of the Bernanke s big specialities i.e. recession , money printing and playing a hedge fund manager buying obscure assets trying to make a profit.

Dont listen to what they say, look at what they do .
More often than not what they do is exactly the opposite from what they say .

sofia kaprikorn 07:09 GMT January 29, 2010
GBP/USD 21mva-1.6168

sofia kaprikorn 06:55 GMT January 29, 2010
short 1.6136 / sl 1.6166
-----------------------
added 1/2 at 1.6127 // avg 1.6132

sofia kaprikorn 06:55 GMT January 29, 2010
GBP/USD 21mva-1.6168
Reply   
short 1.6136 / sl 1.6166

Haifa ac 06:49 GMT January 29, 2010
account trader

la fxt 06:37 GMT January 29, 2010
, I am willing to trade your account for you with guaranteed returns of 80% profits of your account balance at the end of each trading month//

That is 80 X 12= 960% per annum
Much better than Warren Buffet.
You are GOOD!

la fxt 06:37 GMT January 29, 2010
account trader
Reply   
Do you have a live forex trading account but lack the requisite skills to trade your account for maximum profits, I am willing to trade your account for you with guaranteed returns of 80% profits of your account balance at the end of each trading month backed by a very unique forex trading strategy/method.

My fee is 30% of all profits I make for your account at the end of each trading month. You have the luxury of viewing my live account report, just to show you how proficient I am. A trial will definitely convince you. If this is of any interest to you, kindly contact me on this email address :- censored.com

moscow mike 06:23 GMT January 29, 2010
GBPUSD

jj - never know in advance. We all play with probabilities and risks. I mentioned daily theme for cable. Personally can trade both ways intraday and we are at lower range bound currently so one should take his own risks apparently.

GT

lkwd jj 06:12 GMT January 29, 2010
GBPUSD

mike 200+ pips to the outside .from todays close 200 pips either way?

moscow mike 06:11 GMT January 29, 2010
GBPUSD

J.B. - with my other model we celebrated 10 years last summer and still happy LOL.

Regarding cable - had scaled out already at 1.6295 & 1.6155 days back, so i see no problems for this position with stops in profits above this week highs.

GT to you as usual.

tokyo ginko 06:11 GMT January 29, 2010
Dick?

close out SnP 1071.75

GT all

U.K J.B 06:06 GMT January 29, 2010
GBPUSD

Thanks Moscow Mike. My model i have not seen in 10 years , last spotted suning herself in Barbados ( haha only joking of course ) IMO I would drastically been reducing short cable positions here at 1.6115 the risk for me would be the upside GT

moscow mike 06:02 GMT January 29, 2010
GBPUSD

np, J.B. - what i see is cable trading within narrow (*200 pip range) within last 5 trading days. This is statisticaly important timeframe for such contractions in my model. That is why i am expecting 200++ pips move to the outside. Model is biased for downside.

Hope this brings some clarification.

GT

U.K J.B 06:01 GMT January 29, 2010
gpb/jpy next target

143.80 stg/yen then a bounce back to 146 if we can get that far on the downside IMHO...

lkwd jj 06:00 GMT January 29, 2010
GBPUSD

might add on break of 16109. sell on way down!!

lkwd jj 05:55 GMT January 29, 2010
gpb/jpy next target

if we did, we wouldnt be here talking about it.

canada 05:52 GMT January 29, 2010
gpb/jpy next target
Reply   
any body know gbp/jpy next target?

http://www.censored.tk

U.K J.B 05:52 GMT January 29, 2010
GBPUSD

Thats a rather ambiguous statement Moscow Mike, may i ask what size you class as massive ??

Long aud/dolls 8897 stop 8840 see a move back to 90 decent r/r trade imho...

lkwd jj 05:51 GMT January 29, 2010
GBPUSD

same here but from 16116 levels. looking at last few days bars: 3 out of last 5 days closed below 20ma. today tested 50ma after closing above 20 day before, but even failed to close above the 20 today. looks weak but where to cover is the million dollar question? will she take out the 160 tommorow? end of month anbd week.16165 and 16119 last 2 monthly closes.

moscow mike 05:48 GMT January 29, 2010
GBPUSD

Also see EURGBP to get a relief soon, and again likely through gbpusd slide.

moscow mike 05:44 GMT January 29, 2010
GBPUSD

jj - i am still holding massive shorts from 6405. Looking for sub 1.6 levels.

lkwd jj 05:40 GMT January 29, 2010
GBPUSD

any clues on direction?

lkwd jj 05:34 GMT January 29, 2010
cable
Reply   
why sudden drop of 25 pips?

moscow mike 05:34 GMT January 29, 2010
GBPUSD

See massive contraction on gbpusd daily chart. Anticipating blasting moves to come out soon.

GT 2 all

Blore RKG 04:59 GMT January 29, 2010
Shanghai Equities

Sydney ACC :
One of the news that i came across that seemed topical to china rally is this one...
Deputy head of NDRC, Pang Sen said that China was not suffering from inflation at present; efforts should still be on fighting deflation.

Sydney ACC 04:31 GMT January 29, 2010
Shanghai Equities
Reply   

Entry: China Target: Stop:

Can anyone explain why Shanghai eqities are up 0.66%, and the rest of the markets especillay Australia, down now more than 2%?
I am confused.

U.K. J.B. 03:44 GMT January 29, 2010
chf

Thanks matey , just popping in for a few mins. My bullish dollar strategies working out and euro/cad of course. I have taken a negative stance on stg ie bought euro/stg 86/89 areas , had a nice run being short from 94 and sold out stg/chf been running longs from 1.55 . They were also posted in the archive somewhere. Seems alot of noise around again so back to finding decent r/r levels . ATB GT/GL

GVI Forex Blog 03:40 GMT January 29, 2010 Reply   

Morning Briefing : 29-Jan-2010 - 0338 GMT

San Diego bobl 03:31 GMT January 29, 2010
chf

Hey John,

Good to see you again. fwiw..........I have totally negative charts and vision of this trade. Didn't post price entries, so not going to claim anything.........but if you archive my posts and charts you may get the feeling of where we stand.

Hope your travels were great!! Good to see you.

gl/gt

U.K. J.B. 03:19 GMT January 29, 2010
chf

Good morning Forum, i hope everyone is well.

Be a little careful now Singapore re SNB. It is a stale trade relying on the SNB , there was also a statement out yesterday saying they were quite happy with the level of euro/chf, price at the time was 1.4700. They are also aware of the negative story in Europe re Greece, Portugal, Spain etc . Just a little advice..

LA BV 03:17 GMT January 29, 2010
chf

that is in the eurusd

LA BV 03:17 GMT January 29, 2010
chf

fwiw the day low was set thurs in early Asia so keep an eye on the low set early on fri to see if that becomes the low for the day.

Singapore MK 03:11 GMT January 29, 2010
chf
Reply   
Does anyone think the swiss nat bk will intervene?

SF WM 02:42 GMT January 29, 2010
eurusd
Reply   
Sell eurusd
Entry: 1.3970 Target: 1.3850 Stop: 1.4015

Leaving resting order

tokyo rana 01:42 GMT January 29, 2010
gbp/jpy

thanks.....do u think it will break 139?will come to 130 135level?or up chances?which way is more chances up or down?gbp/jpy is crazy...last year was easyl come to 139level test 3times in 2 to 3 months...i m waiting 130 or 135 level...no clear idea...


GBP/JPY Daily Outlook
GBPJPY Outlook - Written by ActionForex.com - Jan 28 10 06:56 GMT -
GBP/JPY Daily Outlook
Daily Pivots: (S1) 144.19; (P) 144.94; (R1) 146.24; More

Intraday bias in GBP/JPY remains neutral for the moment and some more sideway trading might be seen above 143.62. But after all, upside is expected to be limited by 147.25 resistance and bring resumption of fall from 150.68. Below 143.62 will target 141.99 support. Break there will further affirm the bearish case that whole decline from 163.05 is resuming and should bring retest of 139.26 support next. However, note that break of 147.25 will dampen this bearish view and turn focus back to 149.49/150.68 resistance zone instead.

In the bigger picture, medium term rebound from 118.18, which is a correction to the long term down trend from 07 high of 251.90, has completed at 163.05 already. Fall from 163.05 is possibly resuming as consolidation pattern from 139.69 has likely finished at 150.68 already. Break of 139.26 will confirm this bearish case and target 61.8% retracement of 118.81 to 163.05 at 135.70 next. Break will further affirm the case that whole down trend from 2007 high of 251.90 is resuming for another low below 118.81. This will remain the preferred view as long as 150.68 resistance holds.





GBP/JPY: Some inter-day rising trend-line support has been broken which could now suggest that the market is prepping for a more significant drop towards 140.00 over the coming sessions. However, we retain no strong bias at current levels, with the market just as easily seen racing higher towards 150.00. Daily studies confirm neutral outlook. Key short-term levels to watch above and below come in by 147.30 and 143.65 respectively.



Written by Joel Kruger, Technical Currency Strategist for DailyFX.com









Hong Kong Qindex 01:36 GMT January 29, 2010
QIndex Trading System

USD/CAD
Entry: Target: Stop:

USD/CAD : The following is still valid :


01/25/2010 10:43:18 Qindex Hong Kong 25

USD/CAD
Entry: Target: Stop:
USD/CAD : The market is under pressure when it is below the monthly cycle matrix system at 1.0721 - 1.0849 - 1.1047. The weekly cycle matrix system at 1.667 - 1.0760 - 1.0860 would serve as upside targeting points. In the mean time the market is consolidating within the daily cycle matrix system at 1.0474- 1.0535 - 1.0644.



USD/CAD : Monthly Cycle Charts
http://www.qindex.com/cad.html

Richland QC Mailman 01:33 GMT January 29, 2010
usd/cad on major battlefront at 1.0690
Reply   
Sell usd/cad
Entry: 1.0690 Target: Stop: 1.0720

Shorted as planned.

NYC JM 01:24 GMT January 29, 2010
gbp/jpy

Rana, 143.66 was Thursday's low so current support and not close to tested as yet. Should it give way then 142.05 gets exposed. .

tokyo rana 01:15 GMT January 29, 2010
gbp/jpy
Reply   
any body know gbp/jpy next target?

Hong Kong Qindex 01:08 GMT January 29, 2010
QIndex Trading System

GBP/USD
Entry: Target: Stop:

GBP/USD : The bias is on the downside when it is below 1.6150. The market may tackle the supporting range at 1.6019 - 1.6028. Speculative selling pressure will increase when the market is trading below 1.6077. One should square 50% at the daily cycle matrix at 1.6057 - 1.6085 - 1.6108.



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


01/28/2010 08:42:21 Qindex Hong Kong 5

Sell GBP/USD
Entry: 1.626o Target: 1.6080 Stop: 1.6324
GBP/USD : The current expected trading trading is 1.6077 - 1.6275. It is likely that we have seen the daily high already. Projected resistant levels are located at 1.6308 and 1.6319. Allow 5 pips above 1.6319 is good enough.


GBP/USD : Monthly Cycle Charts
http://www.qindex.com/gbp.html

Hong Kong 00:47 GMT January 29, 2010
Daily Market Outlook by AceTrader
Reply   
Market Review - 28/01/2010 21:23 All times in GMT

Dollar hits a 6-1/2-month high vs euro; yen gains



The euro declined to the lowest level against the dollar and yen in more than six months as Greece’s and Portugal’s budget crises spurred a retreat from riskier assets.

The euro fell on Thursday to its lowest level in more than six months to 1.3930 in Asia due to persistent concerns over the fiscal health in some smaller eurozone countries such as Greece and Portugal. The single currency rebounded strongly from the low on short-covering and reached an intra-day high of 1.4053 in European morning as ECB 's Gertrude Tumpel-Gugerell said it is time for fiscal and monetary policy to return gradually to normal after the emergency steps taken to combat the financial crisis. However, the single currency fell sharply again after European equities pared all of their early gains and dropped to as low as 1.3946 in NY morning before stabilizing. Euro ended the day down over 0.24%.

Although the British pound rose above Tuesday's high of 1.6269 to 1.6277 versus the greenback, cable tumbled after rating agency Standard & Poor’s said that 'U.K. banks are no longer among the world’s most stable and low-risk as the economy stagnates.' The pair hit an intra-day low of 1.6113 in NY afternoon before stabilising.

In other news, German unemployment rose by 6,000, compared to the consensus forecast of an increase of 18,000. German unemployment rate was 8.2% in January, in line with economists' forecast.

Versus the yen, the greenback initially extended Wednesday's rally as regional stocks opened higher in Asia (N225 was over 1.5%) following Fed's rate decision. Risk appetite and active cross-selling in yen pushed the pair to 90.56 in European morning. However, the pair retreated on renewed risk aversion and the fall picked up more momentum after the weaker-than expected U.S. data. U.S. durable goods increased by 0.3%, much lower than the common anticipation of 2.0%. U.S. jobless claims came in at 470,000 (more than the expectation of 450,000) from the previous reading of 478,000. The pair reached an intra-day low of 89.62 in NY mid-day and closed the day down over 0.05%.

Data to be released on Friday include New Zealand trade balance, Japan manufacturing PMI, National CPI, unemployment rate, household spending, industrial production, housing starts, construction orders, U.K. Gfk survey, EU HICP flash, Unemployment rate, Swiss KOF indicator, U.S. building permits, PCE core, GDP, Chicago PMI, U. Michigan survey, Canada GDP and PPI.

www.acetraderfx.com

GVI Forex Blog 00:06 GMT January 29, 2010 Reply   

European Financial Problems Fuels Equity Market Sell-Off

HK [email protected] 00:03 GMT January 29, 2010
AUS/USD
Reply   
Buy AUS/USD
Entry: 88.90 Target: 90.30 Stop: 88.40

.

 




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Mon 27 May 2019
AAGB/US- Holiday
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Thu 30 Mar 2019
AAEZ/CH- Holiday
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