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Forex Forum Archive for 03/12/2010

Pick a date from the header above to view forum postings for that day.
Click here to join the Live Forex Forum.


GVI Forex Blog 23:36 GMT March 12, 2010 Reply   
The Canadian dollar advanced against the U.S. currency for an 11th straight session on Friday, hitting a 20-month high, after firmer than expected Canadian employment data provided more evidence

Forex Market News - CANADA FX DEBT-C$ hits 20-month high on bullish jobs data

GVI Forex Blog 23:34 GMT March 12, 2010 Reply   
The dollar dropped to a one-month low against the euro and a two-week trough against sterling on Friday, as investors pared back large bearish bets on the two European currencies following strong euro zone economic data.

FOREX NEWS-Dollar slides to 1-mo low vs euro; sterling rises

GVI Forex john 21:11 GMT March 12, 2010
CFTC COT Report
Reply   
NEW YORK, March 12 (Reuters) - Currency speculators'
trimmed bets in favor of the dollar for the second straight
week and raised bets against the euro to a record, according to Commodity Futures Trading Commission data released on Friday.

The value of the dollar's net long position fell to $3.99
billion in the week ended March 9, from $5.58 billion in the
prior week, according to Reuters data.

Speculators boosted bets against the euro to a record
74,551 contracts, according to Reuters data.

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 dollar and Australian dollar.


dc CB 21:02 GMT March 12, 2010
don't get why the address is censored?????? because it has deal book in it??? to see the page remove the *

http://dealbook.blogs.nytimes.com/2010/03/04/s-e-c-charges-psychic-with-securities-fraud/

dc CB 20:55 GMT March 12, 2010
Re: Lehman, Repo 105 and "Regulators".

This past week the SEC took down a psychic who claimed to predict future stock prices...his "rip off" of clients - $6million.


During the Last Big Bubble - the Dot Com. The SEC took down a 15 year old NJ kid for "manipulating stock prices using internet chat rooms" . Michael Lewis wrote a scathing piece in the NYT Mag.


S.E.C. Charges Psychic With Securities Fraud


Jonathan Lebed's Extracurricular Activities

GVI Forex Blog 20:45 GMT March 12, 2010 Reply   
Trichet: markets rewarding Greece BoJ likely to ease next week BoE's Dale: QE helped San Francisco Fed's Yellen as new vice chair?

Forex Market Commentary and Analysis (12 March 2010)

U.K. J.B. 20:44 GMT March 12, 2010
eurchf

1.5881-1.4322 CLOSED @ 1.4943 for the quarter Oct 2008

U.K. J.B. 20:41 GMT March 12, 2010
eurchf

Yes 1.4322 intersting market ..

GVI Forex Blog 20:33 GMT March 12, 2010 Reply   
Let me start by saying I make a living largely from the banking system, and certainly entirely from the financial system. So I am aware of the adage don’t bite the hand that feeds you.

Banking Crisis Amnesia, Regulator Preservation

Porto Cubriclas 20:30 GMT March 12, 2010
eurchf

Last SNB intervention was at 1,455x....

Boston RS 20:26 GMT March 12, 2010
eurchf

I believe 1.43 is the record low. Can someone confirm?

Belgrade AS 20:08 GMT March 12, 2010
eurchf

Chicago sc,19 longs per 1 short,man!..stops popping wil take it sub1,44...it will go back to 1,46 without any interventions!
piece of cake!
PS.bottom is bellow parity...it coud be quite a wait for you.
hope it's not windy there...hihi

Chicago sc 20:02 GMT March 12, 2010
eurchf

AS- I like that trade but am waiting for a floor to be put in place first as well. I get the feeling the SNB may be in the process of letting the pair find a floor before trying to stop it again.

Belgrade AS 19:55 GMT March 12, 2010
eurchf
Reply   
Buy EURCHF
Entry: 1,4400 Target: loose Stop: loose

EURCHF SSI=absurd 18.7
@1,4300 i have 2x this play!
trade units=1/2 standard size...just monkieing around!
good weekend.
see you all on tuesday(i'm out of town on monday)

GVI Forex Jay 19:36 GMT March 12, 2010
Hedging

AS, please see GVI Forex Jay 19:26 GMT March 12, 2010

Belgrade AS 19:34 GMT March 12, 2010
Hedging

other word for hedge is"protective fence"...."d-fence" if u want...hihi
big guns use it to protect their long-term winnings during retracements or consolidation periods.

Syd 19:29 GMT March 12, 2010
DJ Dollar Drops On Concerns About US Monetary Policy
Reply   
The dollar was sharply lower against most rivals Friday as reports that the Obama administration plans to nominate San Francisco Fed President Janet Yellen for vice chairman of the Federal Reserve Board prompted concerns that monetary policy may stay loose for a while.

GVI Forex Jay 19:26 GMT March 12, 2010
Hedging

I will ask again - can we continue the hedging discussion in the Learning Forum. It has a longer shelf life and what it is designed for. AS, I will repost your update there. See the link below Post a Message.

Belgrade AS 19:23 GMT March 12, 2010
Hedging

Mtl JP 16:54 GMT ,Mtl dear hedge is a double trap(every comitment is a trap-by deffinition!)....hedge is a double commitment....hot-haded monky's death...super-stoned cooler's victory(every time!)....the point is:market goes left-right-all around......close your buys above entry and your sells bellow entry....soner or later it will be...given that your head is cool enough to bear with the stress.

GVI Forex Jay 18:53 GMT March 12, 2010
Hedging

TLondon (please make it London T), can you repost that in the Learning Forum so we can create a discussion.

TLondon 18:50 GMT March 12, 2010
Hedging

the hedging situation, for instance, like today, my positions are still open, you will notice by some magic I froze the euro/usd since 2pm between 1.3751 and 1.3763 the price will stay in between, because there is no market or little market.If I close both positions today I will lose $13, better than losing hundreds of $$$, now the difficulty is when to exit, now if the price goes up to 1.4000, I have made 37pips but the sell position is -37-13=-50, to make a profit I sell when the price is gone down to 1.3780 or lower, now you gonna asked when do you close the 1st position, when the goes up and up and runs out of steam that's where I take a risk,I know it's not easy.

London SFH 18:47 GMT March 12, 2010
eurchf

Thats probably down to the fact that its moved all of 50 ticks and doesnt really matter imo..

London SFH 18:47 GMT March 12, 2010
eurchf

Thats probably down to the fact that its moved all of 50 ticks and doesnt really matter imo..

nyc ws 18:44 GMT March 12, 2010
eurchf
Reply   
There has been little mention of eurchf and SNB being put to the test as 1.45 lies below.

GVI Forex Blog 18:17 GMT March 12, 2010 Reply   
21:00 GMT- Mar 12 (global-view.com) It seemed that traders suddenly lifted their heads in the middle of the week past and realized that the lead EURUSD pair has been unable to distance itself from 1.3600. This was disappointing to those who had built sizeable short positions...

Daily GVI Forex Forex View - Dollar Topping? -- Weekly

GVI Forex john 18:13 GMT March 12, 2010
GVI Forex Trading Support


The Daily Forex View

Dollar Topping? -- Weekly

21:00 GMT- Mar 12 (global-view.com) It seemed that traders suddenly lifted their heads in the middle of the week past and realized that the lead EURUSD pair has been unable to distance itself from 1.3600. This was disappointing to those who had built sizeable short positions...

MORE...

Tonbridge AL 18:12 GMT March 12, 2010
Videos
Reply   
SETUP VIDEOS EUR/USD and GBP/USD --VIEW THEM NOW
Click on the relevant links to see each video and to view next week's setup

EUR/USD Video
GBP/USD Video

Gen dk 17:18 GMT March 12, 2010 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

GVI Forex john 17:17 GMT March 12, 2010
GVI Forex Trading Support

Euro zone preparing Greek aid plan - Le Monde

I don't think this is news??

Hong Kong Qindex 17:16 GMT March 12, 2010
USD/CHF
Reply   
USDCHF
Entry: Target: Stop:

USD/CHF : The market is challenging the barrier at 1.0458 // 1.0640.

PAR 17:11 GMT March 12, 2010
Ernst&Young = Arthur Andersen
Reply   
A report into the collapse of Lehman Brothers criticises senior executives and auditor Ernst & Young for serious lapses that led to the firm's collapse.

According to the report by the US Court appointed examiner Anton Valukas, Lehman's used an accounting mechanism called Repo-105 to keep $50bn off its balance sheet in order to make the bank appear healthier and maintain a favourable credit rating.

Timothy Canova, a professor of international economic law at Chapman University's School of Law in Orange County explained the Repo-105 mechanism to the Today programme.

The professor told Today's Nick Cosgrove that he expected to see some "significant civil claims" as a result of this report.

GVI Forex Blog 17:07 GMT March 12, 2010 Reply   
The greenback recovered from its European session lows thanks to the retail sales data, although traders noted that the prior two months were revised down.

Forex Blog - US Market Update (Trade the News)

nyc ws 17:01 GMT March 12, 2010
gold

Toronto thanks for the alert on gold and usdjpy and jpy crosses just dropped as well.

GVI Forex john 17:00 GMT March 12, 2010
GVI Forex Trading Support

Mar 12 (global-view.com) UPCOMING DATA HIGHLIGHTS: Over the weekend, clocks in North America will “spring forward”. On Monday, no major data releases are due from the Far East or Europe. In North America, the U.S. releases the Empire PMI, January TIC data, Industrial Production/capacity utilization and the NAHB index.

 

 

SUNDAY

 

 

4:00

US/CA

Clocks +1hr

n/a

n/a

 

 

MONDAY

 

 

13:30

US

Mar Empire PMI

n/a

24.9

14:00

US

Jan TIC data

n/a

n/a

14:15

US

Feb Ind Prod

n/a

0.90%

14:15

US

Feb Cap Util

n/a

72.60%

18:00

US

Mar NAHB Index

n/a

17

Belgrade AS 16:57 GMT March 12, 2010
USD weakness
Reply   
since this morning i asked this community :why left or why right.right?usd weakness is coming without a precedence of strong risk appetite,right?. What is the sentiment?....i'm not playing smart.....just asking!could it be false,maybe?....just maybe?...big guns bailing out..maybe?(i don't think so)
IT is FALSE!!!!!

GVI Forex Jay 16:56 GMT March 12, 2010
Hedging

JP, as I noted, can you post that in the Learning Forum. TIA

GVI Forex Blog 16:56 GMT March 12, 2010 Reply   
Bearish price action on USD/CAD, a daily chart of which is shown, has finally made a tentative breakdown below the key 1.0200 support level after respecting this level several times this week.

Chart of the Day - 3/12/2010 – USD/CAD

Mtl JP 16:54 GMT March 12, 2010
Hedging

imo getting in a so-called hedge position with two opposing trades on same instrument is a trap.

can you show, by way of example, how you expect this tactic to work out in your favor plz.

toronto xipt 16:49 GMT March 12, 2010
gold
Reply   
isn't gold trying to say something?

London 16:48 GMT March 12, 2010
Hedging

My hedging doesn't cost much,It cost me very little money if I lose, but at least I know there is a real market and if the price is going up or down, and that I am not trading against the software or my brokers,by the way I use metatrader4 and not ECN.

GVI Forex Jay 16:47 GMT March 12, 2010
Hedging

TLondon (should be London T) - can you post that in our Open Forum where I started a discussion on the topic. TIA

TLondon 16:45 GMT March 12, 2010
Hedging
Reply   
My hedging doesn't cost much,It cost me very little money if I lose, but at least I know there is a real market and if the price is going up or down, and that I am not trading against the software or my brokers,by the way I use metatrader4 and not ECN.

GVI Forex Blog 16:42 GMT March 12, 2010 Reply   
Although there is still strong domestic resistance to the austerity measures in Greece, financial markets are starting to view the situation in a more relaxed light. This is probably partly thanks to

FX Briefing - China: In no hurry to adjust exchange rates

Belgrade AS 16:30 GMT March 12, 2010
Quotable
“Ninety percent of everything is crap.”
Theodore Sturgeon

--------------------------------------
theodore,i don't know you but you are my man!!!
how about London's "american broker" stop shorting(selling) anything he doesn't own?.....or the same guy stop dropping uranium and plutonium s hit on our home towns?
wanna bargain?

mx Gmo 16:29 GMT March 12, 2010
EUR/JPY

Dr. Q, much apreciate your view un Eur/usd...
TIA

Juffair KaL 16:29 GMT March 12, 2010
i will still stick to april

eurusd
on way to 1.30
imo this is good entry for carry trades

GVI Forex Blog 16:23 GMT March 12, 2010 Reply   
The US will stop making a political issue out of it when China unleashes that puppy to run freely. How about that?

Friday Rant

Hong Kong Qindex 16:22 GMT March 12, 2010
EUR/JPY

Sell EURJPY
Entry: 124.75 Target: 123.30 Stop: 125.50

EUR/JPY : The market is consolidating within the lower barrier of 123,06 // 123,69 and 125,16 // 125.33. Speculative selling pressure will increase when the market is below 124.63.

Hong Kong Qindex 16:11 GMT March 12, 2010
USD/JPY
Reply   
Sell USDJPY
Entry: Target: Stop:

USD/JPY : The market is consolidating between the lower barrier of 90.08 // 90.37 and the upper barrier of 91.01 // 91.11.

Wall Street 16:10 GMT March 12, 2010
euro/usd

London I don't like the idea of hedging because you pay the spread twice. However, if it works for you, go with it.

GVI Forex Jay 16:09 GMT March 12, 2010
hedging

I started a hedging discussion on the Learning Forum. I think this is a topic worth pursuing. Click on the Learning link under Post a Message or CLICK HERE

Belgrade AS 16:01 GMT March 12, 2010
hedging

hihi...London,your "american broker" is the same guy who shorted gold for a decade while he didn't have 1kg of it!!!!
get real!

Hong Kong Qindex 15:55 GMT March 12, 2010
USD/CAD

Sell USDCAD
Entry: Target: Stop:

USD/CAD : Sell on rallies is the preferred trading strategy. The market is working on the barrier at 1.0157 // 1.0170. The upper barrier is located at 1.0209 // 1.0225 and the lower barrier is expected at 1.0094 // 1.0110.

London 15:54 GMT March 12, 2010
euro/usd
Reply   
As you can see now there no market . I know that I have to be careful when I buy and sell but that is a safer way for me and I risk very little money,and it works.thank you

Belgrade AS 15:51 GMT March 12, 2010
Retail vs Sentiment / Prozac

homogeniously educated flock thinks the whole cosmos revolves around their "working hours"(begining and end of the world,kind of)...you are losing your breath for no reason in a way....they think "scepsis" means "not to believe" instead of "search for answers"

Juffair KaL 15:49 GMT March 12, 2010
i will still stick to april
Reply   
i do not think this is part of the rallie north
i think trying to make way on the variation for later on
still barish eurusd
could be wrong though

GVI Forex Jay 15:46 GMT March 12, 2010
hedging

London, check your email.

London 15:44 GMT March 12, 2010
hedging
Reply   
that's what my american brokers call it, I even used to get a message everytime I have a buy position then I try to have a sell position, I got this message (no hedging allowed. I know that hedging is not allowed in the USA, But it is Ok in the UK and other european countries.

GVI Forex Jay 15:41 GMT March 12, 2010
EUR/USD

As suggested, support between 1.3705-35

Belgrade AS 15:41 GMT March 12, 2010
USDJPY-take with reserve!
Reply   


i'm a tottal bozzo for usdjpy and i'm so very sorry it's me saying anything about this extremly technical and comlicated pair.....uncharted it speaks loud...to a Bozzo,at least

dc CB 15:37 GMT March 12, 2010
LEHMAN=ENRON

Lehman's Repo 105 Counterparties Barclays, Mizuho, UBS, Deutsche Bank, And KBC May Have Attempted To "Squeeze" The Bank

ZeroHedge

Miami JN 15:35 GMT March 12, 2010
eurusd
Reply   
Buy EURUSD
Entry: Target: Stop:

I posted a trade yesterday, long 1.3671, target 1.3789 but scratched it and then put in a lower bid. Trade idea worked like a charm though.

PAR 15:30 GMT March 12, 2010
LEHMAN=ENRON
Reply   
LONDON (MarketWatch) -- An accounting maneuver known as "Repo 105" was a "drug" that helped maintain a veneer of health on Lehman Brothers' crumbling balance sheet in the months running up to its bankruptcy, a report from a court-appointed examiner shows.

The firm began using the Repo 105 as far back as 2001, but its use picked up sharply toward the end of 2007, even in the face of concern from some staff, as banks worldwide came under more and more pressure to cut their leverage.

Responding to an April 2008 email asking if he was familiar with the transaction, Bart McDade, the firm's then-head of equities and subsequently chief operating officer, replied: "I am very aware... it is another drug we r on," according to the report by examiner Anton Valukas.

Mtl JP 15:30 GMT March 12, 2010
Retail vs Sentiment / Prozac

American govt is doing what the American consumer stopped. Namely that consumer is saving / trying to get out of debt, while the gov't, on advice of a homogeniously educated flock of economists and assorted "experts" is stepping in and filling the debt void.

Gov' at its best: being the only buyer when no-one else is. Thank the Nobel Prize economist & Co. for that.

Amman wfakhoury 15:28 GMT March 12, 2010
gbpjpy
Reply   
Rana
-----
going up from 137.00-140.00 is a short term signal ..means it may takes few days unless it breaks down level 136.60.
to have more accurate up down movement suggest to have my sys.

PAR 15:22 GMT March 12, 2010
LEHMAN = ENRON
Reply   
Lehman story more and more ressembles Enron. CEO saw nothing. Auditor knew nothing. Only as they are bankers it is ok and nobody goes to jail.

Lehman Cooked Books before Collapse, Report Finds .

Lehman Brothers' sudden collapse in September 2008 shook the country's financial system to the core. Now a 2,200-page report offers revealing insights into how the financial giant's demise wasn't as sudden as it seemed.


According to the report, Lehman had been unhealthy for a while and covered it up by secretly shuffling bad debt around to make its books look more attractive to investors, regulators and credit rating agencies.

GVI Forex john 15:22 GMT March 12, 2010
Yen intervention??

JP- don't think so. I think he is just repeating rumors from the floor. Also FinMIn Kan mentioned forex intervention earlier today.

Hong Kong Qindex 15:20 GMT March 12, 2010
USD/CAD
Reply   
USDCAD
Entry: Target: Stop:

USD/CAD : The current expected trading range is 1.0154 - 1.0232.

tokyo rana 15:17 GMT March 12, 2010
gbpjpy

wfakhoury thanx for kind reply...
but 136short more risky than here....do you think that?
im just asking...
best regards

Amman wfakhoury 15:16 GMT March 12, 2010
eurusd
Reply   
in uptrend unless it breaks down 13710.

LDN rf 15:16 GMT March 12, 2010
Retail Sales Trade

Yes you are right. I have ongoing difficulties with that logic!

nyc 15:14 GMT March 12, 2010
euro/usd

London. I am trying to point out when you buy and sell the same currency at different prices, it either produces a loss or a profit that is locked in. It is not a hedge since you have no net position. I hope I am being clear. My intention is to educate and not to disparage in any way.

Belgrade AS 15:13 GMT March 12, 2010
euro/usd

London,hedging is super,of course!...the only obligation you have is to take out your "buy" at some point...very soon it will be too late i'm afraid....i'm afraid this is one of those days when you have to take a side...and stick with it!
could be dead wrong,of course.

PAR 15:11 GMT March 12, 2010
Retail vs Sentiment / Prozac
Reply   
American consumer shopping seems not to be lifting their sentiment . There must be more to life than consuming .

Amman wfakhoury 15:11 GMT March 12, 2010
gbpjpy
Reply   
Amman wfakhoury 11:21 GMT March 12, 2010
gbpjpy 140.00: Reply
gbpjpy is heading twd 140.00 if breaks 137.30 and keeps above it. 136.40 is the determination level to change level.

------------
it is in uptrend till 140.00 unless it breaks down 136.60

London 15:09 GMT March 12, 2010
euro/usd

Sorry I meant by hedging keep the buy and sell positions opened till the price goes high then close the buy position, and keep the sell position and close it when the price goes down, and the other way round when the price goes down close the sell position and wait till the price goes up to close the buy position.

nyc ws 15:05 GMT March 12, 2010
Retail Sales Trade

and watch stocks.

Belgrade AS 15:05 GMT March 12, 2010
USD/Cad buy?

12 Mar 16:00:52 USDCAD SSI is impressive 4.6 traders long for every 1 short. This is THE most beautifull contrarian signal there is!!!!Next target is parity with little support in way.

nyc ws 15:03 GMT March 12, 2010
Retail Sales Trade

Why would eurusd go up? Weaker US data reduces risk and vice versa. Watch eurjpy.

tokyo rana 15:02 GMT March 12, 2010
GBP/JPY

hello,how are you?
thanx for kind post...
current level short ok?
best regards

London 15:01 GMT March 12, 2010
euro/usd

hedging can save you from big losses and also can make you a small profit, it helps when the market is fake or there is no market,so I use the same tactics as you sell on highs and buy on dips.. so you close the buy position when low and keep sell till the market start going down.

LDN rf 14:59 GMT March 12, 2010
Retail Sales Trade

No reaction. EURUSD should have bounced.

Hong Kong Qindex 14:59 GMT March 12, 2010
GBP/JPY
Reply   
Sell GBPJPY
Entry: Target: Stop:

GBP/JPY : Speculative selling pressure will increase when the market is rejected from the barrier at 137.36 //137.98

GVI Forex john 14:57 GMT March 12, 2010
GVI Forex Trading Support

U of M 72.5 weaker than expected

not much reaction

nyc 14:57 GMT March 12, 2010
euro/usd

London, that "hedge" is the same as taking a loss.

London 14:53 GMT March 12, 2010
euro/usd
Reply   
I opened 2 positions( hedged) around 1.30 pm buy @1.3763 and [email protected], the price will be stuck between 1.3751 and 1.3763 maybe 20pips more or less, this happened every time I hedge, maybe that's it for euro/usd for today, I just killed that rally. to be continued monday...

Mtl JP 14:53 GMT March 12, 2010
Yen intervention??

odds of Santelli confederate on BoJ's jawboning payroll ?

GVI Forex john 14:46 GMT March 12, 2010
Yen intervention??
Reply   
Santelli on CNBC says there has been chatter that Japan is considering intervening in the JPY.

He must be reading our Daily report

"...FinMin Kan has been talking the JPY down as well. We also suspect there have been behind the scenes efforts recently by Japanese monetary authorities to guide the JPY weaker..."

GVI Forex Blog 14:45 GMT March 12, 2010 Reply   

Stocks Poised to Continue Rally; Demand for Risk Weakens Dollar

GVI Forex Blog 14:45 GMT March 12, 2010 Reply   

U.S. Dollar weakens after Euro Breaks Technical Level

Hong Kong Qindex 14:43 GMT March 12, 2010
GBP/USD

Sell GBPUSD
Entry: Target: Stop:

GBP/USD : The market can easily retrace back to 1.5021 - 1.5071.

GVI Forex Jay 14:42 GMT March 12, 2010
EUR/USD
Reply   


As posted on GVI Forex

GVI Forex Jay 14:37 GMT March 12, 2010
EUR/USD: Reply
1.3735 holding initial test

GVI Forex Jay 14:34 GMT March 12, 2010
EUR/USD: Reply
EUR/USD support is at 1.3735 (March 9 high) and 1.3705 (key trendline broken today).


See chart (above)

LDN rf 14:40 GMT March 12, 2010
Retail Sales Trade

Could be. Im just playing it by ear as the weekend nears. I don't want to be stuck with a lousy position into Friday's close.

Hong Kong Qindex 14:38 GMT March 12, 2010
GBP/USD
Reply   
Sell GBPUSD
Entry: Target: Stop:

GBP/USD : The market is under pressure when it is rejected from the daily cycle matrix system at 1.5148 1.5186.

GVI Forex john 14:35 GMT March 12, 2010
GVI Forex Trading Support

Business Inventories @ 15:00 GMT

Inventory statistics from the various stages of the manufacturing process are included in the Wholesale Trade Report. When inventories increase production demand is thought to decrease and vice versa. Inventory swings often affect the GDP calculation.

IMPACT: This statistic is usually more closely followed by economists than by traders.

Mtl JP 14:34 GMT March 12, 2010
Retail Sales Trade

later..... as in long closer to and against 1.3705 maybe ?

LDN rf 14:28 GMT March 12, 2010
Retail Sales Trade

Buy EURUSD
Entry: Target: Stop:

Pulling my bid for now. I was hoping for an immediate break on the data. Pattern looking weak to me now. May try again later.

Belgrade AS 14:20 GMT March 12, 2010
EURUSD SELLING???

americans are spending again....while staying at home(they gotta "thing" with snow,you know?)
buy on-line credit card companies stox.....hihi....can't lose!

jeursalem kb 14:12 GMT March 12, 2010
buy

stop now moved to 1.3710

GVI Forex john 14:10 GMT March 12, 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.

Belgrade AS 14:09 GMT March 12, 2010
USD/Cad buy?

it's more like"live and let die"...in this dog-eat-dog world(commonly known as "FX")

HK Kevin 14:08 GMT March 12, 2010
Sell Commodity Currencies

HK Kevin 16:02 GMT March 9, 2010
Sell Commodity Currencies: Reply
Sell AUD 0.9160, stop 0.9221
Sell AUD/JPY 82.00, stop 82.69
Just enter the 2nd trade.
Sell AUD at 0.9184 before. AUD seems cap at 0.9195 previous high. Actually, it should break 0.92 level to keep its bullish momentum.
Also pick up some long USD/CAD at 1.0162 last hr. Stop at 1.0101. Will close it today or next Mon morning if close below 1.02.

BUCHAREST VICX 13:54 GMT March 12, 2010
EURUSD SELLING???
Reply   
Sell EURUSD
Entry: Target: Stop:

ARE SOMRBODY SELLING???

PAR 13:52 GMT March 12, 2010
oil

Extreme Cold winter & climate change, i.e. new ice times comming. Remember Mexican flu . LoL.

Belgrade AS 13:49 GMT March 12, 2010
oil
Reply   
can somebody explain to me:what the wfak is wrong with oil?
after 84,i'm an "allin bull" of course...but where is the logic for this?....maybe some war is on agenda again(in middle east)?

GVI Forex john 13:48 GMT March 12, 2010
GVI Forex Trading Support

PAR -- not sure what you mean. Economists seem to have been overestimating the impact of the weather. It was really bad is some places but typical in others.

U of M survey could be a disappointment.

PAR 13:39 GMT March 12, 2010
GVI Forex Trading Support

Probably distorded by very bad weather ? People buying lots of salt .

tokyo rana 13:37 GMT March 12, 2010
short some gbpjpy!
Reply   
Sell GBPJPY
Entry: 137.700 Target: 124.700 Stop: open

short some @137.1 and @137.700....
any view?
best regards,

GVI Forex john 13:32 GMT March 12, 2010
GVI Forex Trading Support

Retail Sales +0.5% better than expected

Belgrade AS 13:31 GMT March 12, 2010
"Swiss fell"...what an intresting choice of two words that don't go together!!! swiss took it's first breath after a week and SCREWED UP THE WHOLE PLANETS PLANS!....it's a beast(like cad and aud)....and it just woke up....all over again!
...wait 'till it "smells the roses".....

Ormond beach AG 13:29 GMT March 12, 2010
USD/Cad buy?

well said.

Mtl JP 13:27 GMT March 12, 2010
USD/Cad buy?

the reverse - Learn (in order) to Live - more important

Ormond beach AG 13:20 GMT March 12, 2010
USD/Cad buy?

Buy USDCAD
Entry: 1.0232 Target: 1.0285 Stop: 1.0192

Got stopped out! Live and Learn. Thanks for your comments, guys. AG

GVI Forex Blog 13:20 GMT March 12, 2010 Reply   
Swiss fell. It has given in to the rounding top and is tradng near 1.0593, the projected...

FX Thoughts for the day : 12-Mar-2010 - 1237 GMT

LDN rf 13:17 GMT March 12, 2010
Retail Sales Trade
Reply   
Buy EURUSD
Entry: 1.3730 Target: 1.3800 Stop: 1.3700

If the employment report is the "father" of all data releases, advance retail sales is the "mother". These data could move prices. I'd fade a EURUSD dip. It won't last.

tokyo rana 13:16 GMT March 12, 2010
$/yen

im seeing usdjpy above 91.400 or around there...

best regards,

London ex 13:11 GMT March 12, 2010
$/yen
Reply   
Buy USDJPY
Entry: 90.15 Target: 90.80 Stop: 89.80

I think we will find out at some point that Tokyo is protecting the downside of this pair. Its a tricky trade with repatriation flows running the other direction, but I'm comfortable with the long side.

Belgrade AS 13:09 GMT March 12, 2010
USD/Cad buy?

Mtl JP 13:01 GMT ,short-term i'm the biggest sucker ever!!! ...cann't wipe my arse ritht short-term,you know?cann't help you there....mid term(end of next week...or so)
scale down your units so you dont care....and you will be impressed with long-term approach

tokyo rana 13:03 GMT March 12, 2010
USD/Cad buy?

thanx for kind reply...
your mean short 137 to140?
ex high 137 ex support 138.200to was key support for long time 139.21 cluster resistance?ithink very very strong resistance...best regards

Mtl JP 13:01 GMT March 12, 2010
USD/Cad buy?

AS 12:45 we - I - can not care about "those postponed 400/500/600 pips losses" roadkill.
-
IF u r interested in a short-term contra play: start building a long here at market down to 1.0082; round number at 1.000 should Support on first approach IF Jay's Round Numbers holds true.

Belgrade AS 12:59 GMT March 12, 2010
USD/Cad buy?

your plan is OK Rana!!!!
hold "zero hedge" untill 139-140....after that forget "buy"...forever!

Wall Street 12:57 GMT March 12, 2010
EURUSD
Reply   
Neutrality in the EURUSD is 1.3760 currently. With a volatility range of +/- 60 pips, this is not a good market today for fading price swings.

GVI Forex Blog 12:55 GMT March 12, 2010 Reply   
The euro rose to a one-month high against the dollar on Friday as traders covered short positions and the U.S. unit fell on reports a policy dove was a leading candidate for vice chair of the U.S. Federal Reserve.

FOREX NEWS-Dollar slips on Fed speculation; euro gains

tokyo rana 12:55 GMT March 12, 2010
USD/Cad buy?

AS what do you think about gbpjpy right?
you said your looking this pair below 100yen by the end of summer....right?
will it rise to 139 140?
up side target?and down side target?in week and month and 6months?
waiting reply.
best regards,

Belgrade AS 12:45 GMT March 12, 2010
USD/Cad buy?

Mtl...past 5-6 days 1,02 held off all the 400/500/600 pips that were ment to be lost in usdcad....now,that 1,02 is gone .this game is : sell,sell sell....for those postponed 400/500/600 pips losses...end of next week-you start worrieing "what's next?"

GVI Forex john 12:42 GMT March 12, 2010
GVI Forex Trading Support

Total Open Interest in the Euro FX futures was 133,474 as of the close on Thursday off 25,671. We realize that the March contract is running off but those holding onto positions could roll those positions forward. Bottom line, the numbers are distorted, but we would suggest that some shorts were being liquidated.

tokyo rana 12:26 GMT March 12, 2010
euro/usd

london what i did?
your welcome my friend.
any help need im here.
best regards,

GVI Forex john 12:26 GMT March 12, 2010
GVI Forex Trading Support

Data Call @ 13:30 GMT
Retail Sales


Retail Sales are usually a broad measure of the retail sale of consumer durable and non-durables. It is used by analysts to gauge the strength of consumer consumption.

IMPACT: In most economies, the consumer sector is the largest sector of the economy. Central banks watch retail sales to measure the strength of the economy.

Mtl JP 12:24 GMT March 12, 2010
USD/Cad buy?

john .... fwiw: cantankerous = devilishly playfull

U.K. J.B. 12:24 GMT March 12, 2010
GVI Forex Trading Support

When u breaK down the report men aged 55 and over accounted for all of Febs jobs gain...

GVI Forex john 12:18 GMT March 12, 2010
GVI Forex Trading Support



Canadian jobs seen positive...

U.K. J.B 12:10 GMT March 12, 2010
Cad
Reply   
Long dolls/cad 1.0168 Value trade , hopefully all stops have now been filled....GL

Belgrade AS 12:10 GMT March 12, 2010
USDCAD,NZDUSD

there goes USDCAD.sub 1,0200...next 500/6000 pis this is a "shure bet" sell!....+/- 300 cumulative loss for me. game over

GVI Forex Jay 11:46 GMT March 12, 2010
EUR/USD
Reply   


As posted on GVI Forex

GVI Forex Jay 11:18 GMT March 12, 2010
EUR/USD: Reply


It is not the news but reaction to news that is important and the EUR/USD technical position left the market vulnerable to good news. I have seen reports that the appointment of Yellen as Fed VP was a factor since she is considered a dove but it was the $55 bln Greece bailout leak that sent the market over the edge. The GS call to go long eur/usd was also a factor.

My only question is why this didn't happen yesterday, when as I pointed out, the risk had shifted to the upside. This has certainly been a reluctant move up but one that has broken some key technical levels. If you look at the daily chart (see above), the key daily trendline (1.3705) was broken and this fueled stops that saw the bottom part of the 1.3789-1.3839 resistance range tested (high 1.3800).

Looking at FIBOS for the 2010 range (1.4582-1.3435), 1.3573 = 38.2%, Beyond that, 1.3920 (50 day mva), 1.4009 = 50% and next key resistance is 1.4026. So to sum up,

Resistance
1.3800
1.3839
1.3838 (23.6% of 1.5141-1.3435)
1.3873
1.3920 (50 day mva)
1.4009
1.4026

Buy on dips favored while above 1.3705. The other focus is on eur/jpy, where the risk is for 125.00-25.

GVI Forex Jay 11:37 GMT March 12, 2010
CAD Numbers at 12Noon GMT

Templar, see this link:

PREVIEW-Canada seen adding 20K jobs in February

Belgrade AS 11:35 GMT March 12, 2010
WHY?
Reply   
hi guys!been managing some extravagant pairs whole this morning(during which i kept asking myself WHY up?....WHY down?)...just came in to manage my "wealth" few minutes ago KNOWING a time has come to sell eurusd and gbpusd(at some point-sooner or later!)....and all i see is "left-right....left-right" ....i'm asking you as a member of this community...and as a friend:"WHY left????....WHY right???"(imagine novice dudes following these "no reason-LEFT"...."no reason-right" calls)....even serious "up/down" calls have no reason behind them!!!!
c'mon men!...let's get serious!

tokyo rana 11:34 GMT March 12, 2010
short gbpjpy
Reply   
GBPJPY
Entry: 137.100 Target: 124.700 Stop: 137.5

short gbpjpy...............idonot think rise more...best regards,

ABHA fxs 11:31 GMT March 12, 2010
GBPUSD
Reply   
Sell GBPUSD
Entry: Target: Stop:

GBPUSD
-------
UPPER TARGETING 1.5138 - 1.5173
MID DAY POINT 1.4911 -1.4977-1.5042
LOWER TARGETING 1.4814 - 1.4781

Mtl JP 11:28 GMT March 12, 2010
CAD Numbers at 12Noon GMT

Templar - suggest using ±25K from 20K concesus as trigger for a 50pip reaction. smaller deviation smaller target pips and vice versa

Amman wfakhoury 11:24 GMT March 12, 2010
gbpusd 15300
Reply   
it hasnot enough momentum to rise till 15300 today.

Lahore FM 11:23 GMT March 12, 2010
eurusd stop
Reply   
Sell EURUSD
Entry: 1.3696 Target: Stop: 1.3716

last eurusd short 1.3696 stopped out at 1.3716 for minus 22.

Lahore FM 11:21 GMT March 12, 2010
dow june 8757 short
Reply   
Sell OTHER
Entry: 10557 Target: Stop: 10630

dow short stopped out at at 10630 for minus 63 points.

Amman wfakhoury 11:21 GMT March 12, 2010
gbpjpy 140.00
Reply   
gbpjpy is heading twd 140.00 if breaks 137.30 and keeps above it. 136.40 is the determination level to change level.

Lahore FM 11:20 GMT March 12, 2010
cadjpy
Reply   
Buy OTHER
Entry: 83.93 Target: closing out out Stop: 85.75

closed remainder half 83.93 long cadjpy now at 88.46 for 453+ in all.

tokyo rana 11:13 GMT March 12, 2010
gbpusd 15300

my dear what your view about gbpjpy?
best regards,

Hong Kong Qindex 11:13 GMT March 12, 2010
EUR/USD : Current Comments

Sell EURUSD
Entry: Target: Stop:

EUR/USD : Resistance at 1.3797


It is likely that we have seen the daily high already in the London session and the current expected trading range is 1.3655 - 1.3797.

Amman wfakhoury 11:05 GMT March 12, 2010
gbpusd 15300
Reply   
Hesham Cairo 10:51 GMT March 12, 2010
-------------
breaking level 15180 and keeping above it means 15300 will be seen.
breaking down 15160 and touching again 14988 means going more down still possible.
mostly we are going down .unless 15180 broken.

Hong Kong Qindex 11:04 GMT March 12, 2010
EUR/GBP : Current Comments

EUR/GBP : The current expected trading range is 0.9051 - 0.9092.

Hesham Cairo 11:03 GMT March 12, 2010
Greece bailout

Yes. But what will be the story of next week?

London 11:03 GMT March 12, 2010
euro/usd
Reply   

Entry: 1 Target: Stop:

Thank you rana for tips,closed position 1.3636 and opened position euro/[email protected] and close 1.3778, I think it is reversal time

London 11:00 GMT March 12, 2010
Greece bailout
Reply   
This is the story of the day and why eur/usd rose to 1.38

Germany, France Ready Greece Bail-Out With ECB Backing: Press

GVI Forex Jay 10:59 GMT March 12, 2010
CAD Numbers at 12Noon GMT

Templar, can you contact me by email. TIA

GVI Forex Blog 10:53 GMT March 12, 2010 Reply   
Currencies: Combination of tough rhetoric out of China on Trade and renewed rumors of a pending deal on a Greek bailout propelled risk appetite during the European morning.

European Market Update: Press speculation of a pending €55B deal on a Greek bailout propels risk appetite; tough rhetoric rising out of China on US export desire

London Templar 10:53 GMT March 12, 2010
CAD Numbers at 12Noon GMT
Reply   
Can someone please give me their thoughts on the CAD numbers due today at 12Noon GMT.

Thanks

Hesham Cairo 10:51 GMT March 12, 2010
gbpusd

To WFakhoury: If it breaks 1.518 what will be the target then? Also, I need your view for the medium term. Did we reach a bottom for the gbp/usd or not yet?

Also, I have a question for the group : Is the eur is bottom or not yet? Are we in correction only?

GVI Forex Blog 10:50 GMT March 12, 2010 Reply   
11:00 GMT- Mar 12 (global-view.com) Traders over the past couple of days seem to have been taking a slightly more positive view of the world and have gradually been moving back into the risk trades.

Daily GVI Forex Forex View- Risk Trades Back on

Amman wfakhoury 10:48 GMT March 12, 2010
gbpusd
Reply   
Amman wfakhoury 09:11 GMT March 12, 2010
gbpusd: Reply
Gbpusd need to touch again 14988.
It is now in uptrend...15060 is the determination level for
change trend.
with possiblity price touch 15150-70 area if breaks 15125
-------
here we are in the area 15150-70 ...time to go down unless
it breaks 15180 and keeps above it.

GVI Forex john 10:47 GMT March 12, 2010
GVI Forex Trading Support


The Daily Forex View

Risk Trades Back On

11:00 GMT- Mar 12 (global-view.com) Traders over the past couple of days seem to have been taking a slightly more positive view of the world and have gradually been moving back into the risk trades.

MORE...

tokyo rana 10:38 GMT March 12, 2010
buy

1.30 have many peoples view...
best regards,

Geneva ej 10:38 GMT March 12, 2010
EURCHF
Reply   
Buy EURCHF
Entry: 1.4500? Target: 1.4600 Stop: 1.4470

I feel better about getting out of my EURCHF yesterday before the SNB announcement. The use of the word "excessive" when talking about CHF strength vs. the EUR jumped out at me. I wondered if they had decided to become less aggressive and that turns out to be the case. I still like the long side of the trade, but I wonder if they want to set the market up before stepping in again. My entry level above is just a guess. Will adjust it according to market conditions. This trade is now a lot less sure than it was.

jeursalem kb 10:36 GMT March 12, 2010
buy

are u talking to me , what is 130 ? realy who said that.

Syd 10:35 GMT March 12, 2010
a
Reply   
US investment bank recommending long EUR/USD with a target 1.4500

tokyo rana 10:30 GMT March 12, 2010
buy

than you cannot trade ithink im sorry...
if your not strong in enough...
how can you make money?if your double minded?1.41 to 130 huge differnce...
than make money impossible...
this is my view...
1.41 so confusing number...
best regards

Hong Kong Qindex 10:29 GMT March 12, 2010
EUR/USD : Current Comments

EUR/USD : The market momentum is strong and the current expected trading range is 1.3642 - 1.3839.

Porto Cubriclas 10:27 GMT March 12, 2010
buy

yes but almost impossible...
im sorry if im hurt you....

Rana no problem. Im not long or short in eur/usd today. I said that because in markets nothing is impossible (just that).
GT & GL

jeursalem kb 10:25 GMT March 12, 2010
buy



you are right it is 1.4031 first then 1.41as per ress. breakout in daily chart for first tim since fall from 1.51

U.K. J.B. 10:25 GMT March 12, 2010
Market sentiment/value hunting
Reply   
I am waiting for all the dollar bears to now come out of the woodword. Some pretty good news re Euro Ind Prod. etc but also some interesting contrarian levels in dolls/cad and dolls/chf be very careful..going with this negative dollar theme in Europe trading GL/GT

tokyo rana 10:20 GMT March 12, 2010
iwill short
Reply   
Sell EURUSD
Entry: 1.38500 Target: 1.30000 Stop: 1.39000

iwill short lets see...
best regards,

Mumbai draks 10:18 GMT March 12, 2010
Eur
Reply   
Euro targetting top of the cloud in weekly.

stays above 1.3685.. first target 1.3885.. break of which will propel it to 1.4125

cheers

HK [email protected] 10:17 GMT March 12, 2010
EUR/USD may gain more
Reply   
EUR/USD

The daily RSI just crossed today the 50 line...
So one may brace for more gains, just need to watch the S/L

tokyo rana 10:16 GMT March 12, 2010
buy

everyone had free everyone own views my view is this,
this rise is just for being..
donot get wrong...
best regards

tokyo rana 10:14 GMT March 12, 2010
buy

yes but almost impossible...
im sorry if im hurt you....

lets see...
best regards,

Porto Cubriclas 10:13 GMT March 12, 2010
buy

1.41 impossible...
1.41 big dream...donot watch dreams..

Rana never say impossible ok?

tokyo rana 10:11 GMT March 12, 2010
buy

1.41 impossible...
1.41 big dream...donot watch dreams..
max1.38500
best regards

jeursalem kb 10:08 GMT March 12, 2010
buy

Buy EURUSD
Entry: Target: Stop:

will leave the 2nd half open for 1.4140 during th next week.

ABHA FXS 10:05 GMT March 12, 2010
EURUSD
Reply   
Sell EURUSD
Entry: Target: Stop:

EURUSD
-------
UPPER TARGETING 1.3755 - 1.3784
MID DAY POINT 1.3684 -1.3634-1.3584
LOWER TARGETING 1.3513 - 1.3484

HK [email protected] 10:04 GMT March 12, 2010
A lightning on a sunny day?????
Reply   
Common sense looks always for reversals in that USD oversold market.

Not to worry too much; Just a very remote possibility, that this Friday may be a Dollar- Black- Friday.

Just a thought.

tokyo rana 09:59 GMT March 12, 2010
i said yesterday
Reply   
Buy EURUSD
Entry: Target: Stop:

i said yesterday buy ok gbpusd and eurusd...
best regards

Hong Kong 09:54 GMT March 12, 2010
AUD/USD Daily Market Outlook by AceTrader
Reply   
INTRADAY TRADING SIGNAL BY ACETRADER.COM :
AUD/USD: 0.9165

Last Update At 12 Mar 2010 09:09 GMT

As aussie has risen again after finding renewed
buying around 0.9150/54, suggesting upside bias is
still seen for re-test of Wednesday's high of 0.91
93 n abv wud extend recent erratic upmove fm 0.8578
to 0.9200 but reckon 0.9224 wud cap upside.


Trade fm long side with now as indicated, break
wud prolong choppy trading n risk 0.9111 again.


Range Forecast
0.9155 / 0.9193


Resistance/Support
R: 0.9193/0.9224/0.9255
S: 0.9140/0.9111/0.9086

http://www.acetraderfx.com

jeursalem kb 09:51 GMT March 12, 2010
buy

half out at 45+pips and stop same at 1.3660 for final target

Hong Kong Qindex 09:51 GMT March 12, 2010
EUR/GBP : Current Comments
Reply   
EURGBP
Entry: Target: Stop:

EUR/GBP : The market is under pressure when it is rejected from the resistant range at 0.9103 - 0.9141

Porto Cubriclas 09:45 GMT March 12, 2010
EUR/CHF
Reply   
SNB intervention iminent...
GT & GL

Richland QC Mailman 09:43 GMT March 12, 2010
Pound

1.5140 could be a potential reversal point... already liquidated longs on the re-touch of 1.5120.

Syd 09:37 GMT March 12, 2010
swissy
Reply   
SNB seen on bid down at 1.4593

Hesham Cairo 09:33 GMT March 12, 2010
eurusd

If the economy of USA is at risk, what can we say about the economy of others like eur and gbp, etc...?

tallinn viies 09:32 GMT March 12, 2010
eurusd
Reply   
Austrian press talking about a possible EUR 55 bln bail out for Greece

tallinn viies 09:29 GMT March 12, 2010
eurusd
Reply   
S&P Says U.S. AAA Rating at Risk Because of Deficit, FT Reports

Hong Kong Qindex 09:26 GMT March 12, 2010
EUR/USD : Current Comments

Sell EURUSD
Entry: Target: Stop:

EUR/USD : The market is under pressure when it is rejected from the barrier at 1.3724 - 1.3752.

Amman wfakhoury 09:11 GMT March 12, 2010
gbpusd
Reply   
Gbpusd need to touch again 14988.
It is now in uptrend...15060 is the determination level for
change trend.
with possiblity price touch 15150-70 area if breaks 15125.

Amman wfakhoury 08:58 GMT March 12, 2010
gbpusd
Reply   
Taro
----
Gbpusd need to touch again 14988.
It is now in uptrend...15060 is the determination level for
change trend.
with possiblity price touch 15150-70 area.

Montréal Taro 08:55 GMT March 12, 2010
gbpusd

ok, so what now ?

Richland QC Mailman 08:55 GMT March 12, 2010
gbpusd

bravo bravo wfak! So now that 1.5100 has been broken, have you seen new signs in your forex crystal ball for the cable?

tokyo rana 08:55 GMT March 12, 2010
gbpusd

thank you very much...
so 139 possible?
best regards

jeursalem kb 08:49 GMT March 12, 2010
buy

stop moved to 1.3660

Amman wfakhoury 08:49 GMT March 12, 2010
gbpusd
Reply   
Montréal Taro 08:16 GMT March 12, 2010
------
they were the same before reaching the target
14960 for gbpusd to reach 15100.
and 134.80 for gbpjpy to reach 137.00
and all targets hit.

Amman wfakhoury 08:46 GMT March 12, 2010
gbpusd 1.5100 gbpjpy 137.00
Reply   
here we are at the target of my previous call.

Mumbai draks 08:34 GMT March 12, 2010
Trades

Mumbai draks 04:05 GMT March 12, 2010
Trades: Reply
Euro Buy 1.3670.. for 1.3740 with s/l at 1.3635

GBP.. buy 1.5040.. for 1.5120, s/l 1.4995

JPY buy 90.45. for 91.15 with s/l at 90.15

correction.. part t/ped cable AND s/l for halk pos moved to cost

tokyo rana 08:32 GMT March 12, 2010
any good idea?
Reply   
Sell GBPJPY
Entry: Target: Stop:

any idea about gbpjpy?
im going to sale around 137 to 139?
best regards,

Mumbai draks 08:26 GMT March 12, 2010
Trades

GBP Trade executed..
if 1.5120 tradees.. moving s/l to cost for 1.5175

Richland QC Mailman 08:25 GMT March 12, 2010
Pound

I think GBP wants 1.5140... Nice strong bounce off the CP at 1.5025 (early buying at 1.5040)... And since it is a Friday, probability of 1.5190/5200 cannot be ruled out.

Hong Kong Qindex 08:17 GMT March 12, 2010
EUR/USD : Current Comments

Sell EURUSD
Entry: Target: Stop:

EUR/USD : The market is going to consolidate wthin 1.3685 - 1.3725.

Montréal Taro 08:16 GMT March 12, 2010
Pound
Reply   
wfakhoury

What is your trend level ?
TIA

jeursalem kb 08:15 GMT March 12, 2010
buy

correction stop 1.3610

jeursalem kb 08:14 GMT March 12, 2010
buy
Reply   
Buy EURUSD
Entry: 1.3690 Target: 1.3800 Stop: 1.310

went long

Hong Kong Qindex 07:55 GMT March 12, 2010
EUR/USD : Current Comments
Reply   
Sell EURUSD
Entry: Target: Stop:

EUR/USD : A projected resistant level is positioning at 1.3744 - 1.3749. The bias is on the downside when the market is trading below 1.3744.

Mumbai Navin 07:54 GMT March 12, 2010
eurusd

Thanks Sir

Lahore FM 07:51 GMT March 12, 2010
eurusd

cheers Navin,all the best!

Mumbai Navin 07:48 GMT March 12, 2010
eurusd

Good Luck FM - too tight a stop though. I have kept mine at 1.3730.

Arizona 07:40 GMT March 12, 2010
Lehman

Is there anything to give forex signal and indicator 100% accurate and the system really work? Forex signal which can provide at least 30 pips a day. If there is, please post it here. ok bro..

Lahore FM 07:25 GMT March 12, 2010
eurusd

Sell EURUSD
Entry: 1.3696 Target: Stop: 1.3716

Lahore FM 22:41 GMT March 11, 2010
eurusd : Reply
Sell EURUSD
Entry: 1.3675 Target: 1.3440/1.3140 Stop: 1.3705

sold now..
--
stopped for minus 32 and sold once more now at 1.3696.

Kiev Nemo 07:07 GMT March 12, 2010
EURUSD corrective trade

2 Heifa arorei 34 )))

Syd 06:47 GMT March 12, 2010
DJ UPDATE: Japan PM Hatoyama Threatens Steps Against Strong Yen
Reply   
Japanese Prime Minister Yukio Hatoyama said Friday the yen's strength is out of step with the country's fragile economic recovery, requiring the government to take "firm steps" to counter the growth-limiting effects of a strong currency.
Overseas financial crises "have brought about a strong yen that we don't believe reflects the fact that Japan's economic and industrial conditions aren't strong enough," Hatoyama said during a session of the Upper House budget committee. "I think we need to take firm steps against such yen strength."
Hatoyama suggested he wants joint international action to push the yen lower, saying there is a need to "politically cooperate on the world stage."
It is rare for the Japanese prime minister to threaten action in the foreign exchange markets, which are usually the preserve of the finance minister. The comments illustrate how the strong yen is frustrating efforts by the Democratic Party of Japan-led government to boost Japan's export-dependent economic growth and its own sinking approval rating.

Haifa ac 06:45 GMT March 12, 2010
EURUSD corrective trade

Kiev Nemo 06:40 GMT March 12, 2010
EURUSD corrective trade : Reply
EURUSD seems unable tackle 37 fig//
Indeed. That was also Ali Baba's problems-- so he went to 40.

Kiev Nemo 06:40 GMT March 12, 2010
EURUSD corrective trade

EURUSD seems unable tackle 37 fig

Syd 05:09 GMT March 12, 2010
DJ Any BOJ Easing Moves Could Push AUD Higher -UBS
Reply   
Quiet forex market could get loud next week on reports Bank of Japan may discuss additional monetary easing at board meeting starting Tuesday, says Gareth Berry, director of FX strategy for UBS. While easing would have little direct affect on AUD, any move would fuel direction of USD/JPY, with USD and JPY two most watched crosses for AUD. "The Aussie could rise on this, but I think that might die in a week or two," says Berry, who tips AUD/USD resistance at 0.9193 and after that 0.9328. AUD/USD recently at 0.9164.

Mumbai NSJ 05:00 GMT March 12, 2010
EURUSD corrective trade
Reply   
Sell EURUSD
Entry: 1.3695 Target: 1.3630 Stop: 1.3710

EURUSD selling the high with a double sstop buy at 1.3710

USA BAY 04:59 GMT March 12, 2010
GBP/AUD

HONG KONG INDEX,

DR Q Any view on eurgbp pls
tia

Hong Kong Qindex 04:39 GMT March 12, 2010
EUR/JPY

I need to do some more analysis on EUR/USD. Wait until I come back from lunch.

mx Gmo 04:38 GMT March 12, 2010
EUR/JPY

TKS...

Hong Kong Qindex 04:37 GMT March 12, 2010
GBP/AUD
Reply   
GBP/AUD : Sell on rallies is the preferred trading strategy. The market is working on the barrier at 1.6396 // 1.6572.

Hong Kong Qindex 04:36 GMT March 12, 2010
EUR/JPY

I need to some more analysis on EUR/USD. Wait until I come back from lunch.

mx Gmo 04:11 GMT March 12, 2010
EUR/JPY

Dr. Q any view on Eur/usd?

TIA

Mumbai draks 04:05 GMT March 12, 2010
Trades
Reply   
Euro Buy 1.3670.. for 1.3740 with s/l at 1.3635

GBP.. buy 1.5040.. for 1.5120, s/l 1.4995

JPY buy 90.45. for 91.15 with s/l at 90.15

dc CB 04:03 GMT March 12, 2010
Lehman

Report Details How Lehman Hid Its Woes as It Collapsed

It is the Wall Street equivalent of a coroner’s report — a 2,200-page document that lays out, in new and startling detail, how Lehman Brothers used accounting sleight of hand to conceal the bad investments that led to its undoing.

NY Times

Syd 03:50 GMT March 12, 2010
DJ Japan PM Hatoyama: Must Take Steps Vs Unreasonable Yen Strength
Reply   
Japan PM Hatoyama: Global Political Cooperation Necessary On Forex
Markets Don't Always Set Forex Rates Properly
Japan PM Hatoyama: Markets Should Properly Determine Forex Rates
Japan PM: Govt, BOJ Must Work Together To Beat Deflation
Japan PM: Recent Yen Strength Doesn't Necessarily Mirror Japan Econ Conditions
DJ Japan PM: Japan Econ, Industrial Conditions Not Strong Enough

Hong Kong Qindex 03:25 GMT March 12, 2010
EUR/JPY
Reply   
Sell EURJPY
Entry: 124.00 Target: 122.92 Stop: 124.55

EUR/JPY : The odds are good to take a short position.

Hong Kong Qindex 03:10 GMT March 12, 2010
Gold : Current Comments
Reply   
Buy Gold
Entry: Target: Stop:

Gold : The market is going to tackle the barrier at 1112.5 // 1121.5.

Hong Kong 01:53 GMT March 12, 2010
Daily Market outlook by AceTrader
Reply   
Market Review - 11/03/2010 22:59GMT

Dollar little changed after mixed data on US trade and jobless claims


The greenback traded little changed versus major currencies on Thursday after mixed data on U.S. trade and jobless claims failed to give investors strong reasons to move the currency.

The single currency briefly came under pressure after German Chancellor Angela Merkel said the first priority for Greece was to win back the confidence of financial markets. Euro dipped to 1.3621 in European morning on that news but renewed buying interest emerged there and contained its intra-day weakness. In NY morning, it rose briefly above Wednesday' high of 1.3680 to 1.3688 after the release of U.S. jobless claims which was only slightly less than expected. U.S. jobless claims came in at 432,000 versus the expectation of 460,000. However, profit-taking offers swiftly emerged there and pressured price to around 1.3626 before stage a strong rebound in NY afternoon due to broad-based dollar weakness.

Versus the Japanese yen, the dollar remained under pressure on Thursday initially after China released its 16-month high inflation data. China's February consumer-price index accelerated from the year-earlier month to a higher-than-expected pace of 2.7%, traders bought the yen broadly and cut risky positions in higher-yielding currencies with the expectation that the China central bank would raise interest rates to curb economic growth. The pair was soft in the entire Asian morning and reached an intra-day low of 90.20. However, weakness was limited as the market took the view that the economic recovery in Asia remains on track, keeping investors' appetite for riskier currencies intact and the greenback staged a strong rebound to 90.72 (11 pips below yesterday high of 90.83) in European morning. U.S trade deficit for January shrank to $37.29B and trader took profit on the smaller-than-expected deficit, causing the greenback to retreat before staging a rebound.

The Swiss franc weakened from its strongest level in a year against the euro after SNB said it will slow the currency’s appreciation to protect Switzerland’s economic recovery. The euro rose from 1-year low of 1.4602 to an intra-day high of 1.4631 against the Swiss franc after SNB kept its rate unchanged at 0.25% and released the above-mentioned comments.

Economic data to be released on Friday include New Zealand retail sales, Japan industrial production, capacity utilization, Germany WPI, E.U. Industrial production, Canada unemployment rate, US retail sales, University of Michigan survey and business inventories.

http://www.acetraderfx.com

dc CB 01:38 GMT March 12, 2010
Lehman
Reply   
If you've got some idle time drop by

http://www.zerohedge.com/

at check out "Repo 105"

Syd 01:35 GMT March 12, 2010
DJ MARKET TALK:Japan MOF Kan Again Hints That He Likes A Weak JPY
Reply   
Japan MOF Kan offers fresh hint on how strong his desire is to see JPY weaken. Though being asked in Parliamentary session about prospects of Japan's huge debt causing JPY weakness in future, Kan instead talks about problems of strong JPY; according to Nikkei, he says forex "levels are something to be determined by markets, but there're occasions in which the yen becomes excessively strong, causing trouble" to Japan economy. Remarks make it clear that he doesn't consider JPY falls to be a bad thing, that he remains worried about possible renewed JPY strength ahead of key Upper House poll in summer. To understand his forex mindset, it's worth revisiting his previous remarks, on February 19: he said that Fed's lifting of discount rate previous day not bad for Japan economy because it sent JPY lower.

HK Q 01:32 GMT March 12, 2010
reval rumours
Reply   
Strong indicators trigger yuan float rumors

The stronger-than-expected 46 percent year-on-year growth in exports during February this year has sparked speculation that the nation may start revaluing the yuan later this month.

Syd 01:20 GMT March 12, 2010
DJ China PBOC Governor: February CPI Within Expectation - Report
Reply   
China PBOC Governor: February CPI Within Expectation - Report
-The People's Bank of China Gov. Zhou Xiaochuan said China's February consumer price index was within the central bank's expectation, the state-run Securities Journal reported Friday.

Syd 01:06 GMT March 12, 2010
Working up a rate rise
Reply   
AN INTEREST rate rise next month is back on the table with the recent run of economic news confirming Australia's recovery is well and truly on track.

While the latest jobs numbers out yesterday were not as strong as expected, economists say they add to pressure for a rate rise.

A string of positive news this week including rising business confidence and a surge in job advertisements was topped yesterday by more evidence of the robustness of the Chinese economy and a significant jump in the number of hours being worked by Australians.

Betting on a 25-basis point rate rise next month jumped from 35 per cent to 42 per cent yesterday, with some economists predicting the RBA will pull the rates trigger next month.

"All in all, the latest data shows the Australian economy in very good shape, allowing the RBA to hike again in April if it pleases," said Macquarie interest rate strategist Rory Robertson.

http://www.heraldsun.com.au/busines
s/working-up-a-rate-rise/story-e6fr
fh4f-1225839887599

GVI Forex Blog 01:04 GMT March 12, 2010 Reply   

Late Session Buying Spree Sends S&P 500 to New High

GVI Forex Blog 01:03 GMT March 12, 2010 Reply   

Late Session Surge for Risk Pressures U.S. Dollar

Syd 00:59 GMT March 12, 2010
DJ MARKET TALK: JPY May Keep Falling; USD/JPY Cap At 91 - Trader
Reply   
JPY may fall more vs likes of USD, EUR on view BOJ likely to further ease monetary policy at meeting next week, says trader at Tokyo bank; Nikkei's 0.5% gain also spurring some selling of yen, alongside other currencies viewed as safe-havens. Tips USD/JPY in 90.20-91.00 band vs 90.63 now, EUR/JPY at 123.60-124.60 vs 124.04. Nikkei reports a growing number within BOJ think board should ease further to show commitment to pulling Japan out of deflation.

SF WM 00:39 GMT March 12, 2010
124
Reply   
WATCH EURJPY 124. IT HOLDS THE KEY FOR BOTH USDJPY AND EURUSD.

SF WM 00:39 GMT March 12, 2010
124
Reply   
WATCH EURJPY 124. IT HOLDS THE KEY FOR BOTH USDJPY AND EURUSD.

Syd 00:30 GMT March 12, 2010
Europe's banks brace for UK debt crisis
Reply   

Europe's banks brace for UK debt crisis
UniCredit has alerted investors in a client note that Britain is at serious risk of a bond market and sterling debacle and faces even more intractable budget woes than Greece.
http://www.telegraph.co.uk/finance/economics/7423138/Europes-banks-brace-for-UK-debt-crisis.html

 




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Mon 27 May 2019
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AA 18:00 US- BOC Decision
A 18:30 US- EIA Crude
Thu 30 Mar 2019
AAEZ/CH- Holiday
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AA 14:00 US- Final Univ of Michigan


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