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Forex Forum Archive for 08/02/2010

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tokyo rana 23:57 GMT August 2, 2010
jpy
Reply   
Sell GBPJPY
Entry: 137.4 Target: 1000 to 3000pips Stop: 137.72

good morning,markeet is clrealy preparing for drop even dow 200point plus closse still jpy pairs not going up all pairs very bearish usdjpy again lowering gbpjpy just spike 10pips...lets see wat happen next..happy day,

Syd 23:35 GMT August 2, 2010
fx
Reply   
New home sales fall for second month
The Housing Industry Association's home sales index dropped 5.1 per cent in June, following a 6.4 per cent drop in May, as the lingering effects of pricier loans acted as a deterrent to new buyers entering the market.
Italy trapped in slow lane as political crisis deepens
"We think Europe’s economy will start rolling over again as we move into September and October, and may even contract in the fourth quarter," said David Owen from Jefferies Fixed Income. "The boost from the inventory cycle is largely behind us and the eurozone needs a much weaker exchange rate-- perhaps $1.10 against the dollar," he said. Ominously, Ireland said its budget deficit would reach 18.7pc of GDP this year despite wage cuts and 1930s-style austerity policies.
Italy has so far decoupled from the so-called PIGS (Portugal, Ireland, Greece, and Spain) despite a public debt 117pc of GDP, the third largest in the world in absolute terms after Japan and US. French banks alone have $476bn of exposure to Italian debt, according to the Bank for International Settlements. LINK

jerusalem kb 22:50 GMT August 2, 2010
buy gbpjpy
Reply   
Buy GBPJPY
Entry: 137.70 Target: 139.50 Stop: 137

will buy 137.7

GVI Forex Blog 22:48 GMT August 2, 2010 Reply   
EUR at multi-week highs Earnings and data up demand for risk USD/JPY backs away from Y85 ECB and BoE expected on hold this week

Forex Market Commentary and Analysis (2 August 2010)€ The euro appreciated vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.3195 level and was supported around the

Syd 22:14 GMT August 2, 2010
Stay Cautious On AUD, NZD - UBS
Reply   
"We remain cautious on the AUD and the NZD as the pace of economic growth in major export markets across Asia begins to show signs of cooling," say UBS FX strategists. UBS says of most interest will be how much emphasis RBA puts on global events in its statement due at 0430 GMT. "Central banks have been cautious as of late on the global growth backdrop." AUD/USD last 0.9124.

Chicago sc 22:04 GMT August 2, 2010
Scalp
Reply   
Sell EURUSD
Entry: 1.3174 Target: 1.3139 Stop: 1.3185

Setting a stop above the high of the day and going for the GVI pivot.

Syd 20:54 GMT August 2, 2010
UBS Upgrades EUR/USD 1-Mo. Forecast To 1.28
Reply   
UBS upgrades its one-month forecast for EUR/USD from 1.20 to 1.28, but three- and 12-month forecasts remain unchanged at 1.15. "We expect structural problems, depressed growth potential due to fiscal austerity, and low rates well into 2011 to keep euro upside limited," UBS analysts said in a note. EUR/USD hit a series of three-month highs Mon on the back of better-than-expected global manufacturing data. Pair recently traded at 1.3174 from 1.3053 late Fri, according to EBS

Syd 20:40 GMT August 2, 2010
FX Concepts LLC, the hedge fund that bought the euro in June just as it began a 9.7 percent surge a
Reply   
Aug. 2 (Bloomberg) — FX Concepts LLC, the hedge fund that bought the euro in June just as it began a 9.7 percent surge against the dollar, now says it’s almost time to get out of the currency. Bloomberg’s Sara Eisen and Julie Hyman report. (Source: Bloomberg) LINK

Greenback Outlook
The dollar trade, weighted, has been weak for the last few months, and that’s largely a function of whether investors are putting risk on or taking risk off,” Robin Griffiths from Cazenove Capital, LINK

Marc Faber, publisher of the Gloom, Boom & Doom Report, discusses China's economy. Faber, speaking with Deirdre Bolton on Bloomberg Television's "InsideTrack," also talks about Chinese stocks and interest-rate policy. LINK

GVI Forex john 20:28 GMT August 2, 2010
GVI Forex Trading Support

LATEST PIVOT POINTS
Entry: Target: Stop:

Pivots	EUR/USD	USD/JPY	USD/CHF	GBP/USD	USD/CAD
Res 3	1.3363	87.33	1.0592	1.6175	1.0377
Res 2	1.3279	87.11	1.0535	1.6041	1.0337
Res 1	1.3223	86.78	1.0464	1.5965	1.0284
					
Pivot	1.3139	86.56	1.0407	1.5831	1.0244
					
Sup 1	1.3083	86.23	1.0336	1.5755	1.0191
Sup 2	1.2999	86.01	1.0279	1.5621	1.0151
Sup 3	1.2943	85.68	1.0208	1.5545	1.0098

GVI Forex john 20:26 GMT August 2, 2010
GVI Forex Trading Support

GVI CHART POINTS
Entry: Target: Stop:

FOREX TRADING TOOLS

FX Rates:

Chart Point Tables:

By Base:

CHF

FX Database

Classic Format

USD

JPY

AUD

GVI Charts

Risk Trades

EUR

GBP

CAD



GVI Forex Jay 20:22 GMT August 2, 2010
EUR/USD

We are taking care of this offline.

GVI Forex Blog 20:21 GMT August 2, 2010 Reply   
The dollar fell to a three-month low on Monday against a basket of currencies on fears the U.S. recovery is faltering, while the euro soared after hitting a key technical level.

FOREX NEWS -Growth worries hurt dollar; euro hits key level

nyc fh2 20:20 GMT August 2, 2010
EUR/USD

ZEUS, you have a very impressive record well known to readers of this forum. So, not sure why you even bother to respond to someone who is questioning your posts. Personally, it gives me a lot of additional confidence being on the same side of trades as you are. Thanks!

Happy Trades.

Tybee Beach ZEUS 20:16 GMT August 2, 2010
EUR/USD

BEDFORD VT 19:40 GMT August 2, 2010

Would be happy to accept your e-mail VT. That goes for anyone else as I won't likely be here much going forward.

Happy Day!

GVI Forex Blog 20:15 GMT August 2, 2010 Reply   
Bears lose a claw. Equity investors started the week on a bold note, the Eurostoxx 50 closing 2.9% higher, and the S&P500 continuing the mood to be currently up 2.2% (above the 200d moving average).

Forex Research - Morning Report (Westpac)

Tybee Beach ZEUS 20:14 GMT August 2, 2010
EUR/USD

LA LA 20:09 GMT August 2, 2010

Interestingly enough every one of those trades happened to have worked out beautifully. Just goes to show that there are spiteful trolls to meet every well intentioned post.

GVI Forex Blog 20:11 GMT August 2, 2010 Reply   
20:00 GMT- Aug 2 (global-view.com) The USD has started of the new week on the back foot as the lead EURUSD relationship was following the lead of equity prices higher. European PMI data released was mostly strong. The key ISM U.S. manufacturing PMI data was unchanged mo/mo but was stronger than the consensus forecast. The Chinese monthly PMI released today was a lackluster 51.2. Canadian markets were closed for a national holiday.

Daily GVI Forex Forex View- USD Following Stocks

Belgrade TD 20:05 GMT August 2, 2010
USD/CHF and USD/JPY
Reply   
Today they were both in yo-yo trend. A little bit up and little bit down and back to the beginning:) Well, wait for Tokio ... GLGT

BEDFORD VT 19:59 GMT August 2, 2010
EUR/USD

did that, just got USA ZEUS

GVI Forex Jay 19:53 GMT August 2, 2010
EUR/USD

Search by Zeus as the initials - leave City blank

BEDFORD VT 19:44 GMT August 2, 2010
EUR/USD
Reply   
EURUSD
Entry: Target: Stop:

Can't seem to find it on there Jay........................

Tybee, maybe you can find me on there and email me please?

Thanks

GVI Forex Jay 19:41 GMT August 2, 2010
EUR/USD

You can contact him directly using the members link.

BEDFORD VT 19:40 GMT August 2, 2010
EUR/USD
Reply   
EURUSD
Entry: Target: Stop:

Hi Jay

Would you be kind enough to give Tybee Beach my email please (if thats ok with you Tybee!)

many thanks, VT

Tybee Beach ZEUS 19:26 GMT August 2, 2010
EUR/USD

BEDFORD VT 19:15 GMT August 2, 2010

Have an indicator that suggests to do so.
Same indicator that suggested to go long from the 1.19 lows. As far as I know most people that argued against that were saying that any such rebound was unlikely but if seen it should be shorted.
I suspect that crowd fought it all the way up. What comes next? Who knows?

Cheers!

GVI Forex john 19:24 GMT August 2, 2010
GVI Forex Trading Support

DAILY FOREX VIEW
Entry: Target: Stop:


The Daily Forex View

USD Following Stocks

20:00 GMT- Aug 2 (global-view.com) The USD has started of the new week on the back foot as the lead EURUSD relationship was following the lead of 

MORE



jerusalem kb 19:19 GMT August 2, 2010
looking for first train to 1.6794

GBPCAD
Entry: Target: Stop:

first target now at 1.6385/95 and sl should now placed at entry 1.6120 but it is highly possible of some pull back in gbp

BEDFORD VT 19:15 GMT August 2, 2010
EUR/USD

GBPUSD
Entry: Target: Stop:

Tybee Beach ZEUS 15:13 GMT August 2, 2010
EUR/USD:
Heavy short position @ 1.3192


Tybee Beach.....................Would you please explain why you're short the EUR/USD?

Not disputing it, just interested in your rationale.

thanks, glgt

Tybee Beach ZEUS 19:10 GMT August 2, 2010
EUR/USD

Tybee Beach ZEUS 15:13 GMT August 2, 2010
EUR/USD:
Heavy short position @ 1.3192
______________________________________________________

I posted this here earlier today.

GVI Forex Jay 19:04 GMT August 2, 2010
EUR/USD
Reply   


I posted this daily chart on GVI Forex

High today (1.3195) was just shy of the daily up channel (1.3198 ). The top of the channel is at 1.3222 on Tuesday.

GVI Forex Jay 19:03 GMT August 2, 2010
EUR/USD
Reply   
I posted this daily chart on GVI Forex

High today (1.3195)was just shy of the daily up channel (1.3198 ). The top of the channel is at 1.3222 on Tuesday.

jerusalem kb 18:57 GMT August 2, 2010
sell gbpusd
Reply   
Sell GBPUSD
Entry: 1.5888 Target: 1.5770 Stop: 1.5930

sold

GVI Forex Blog 18:32 GMT August 2, 2010 Reply   

Improving Global Economy Sends Equities Soaring

GVI Forex Blog 18:32 GMT August 2, 2010 Reply   

U.S. Dollar Deepens Losses

Tybee Beach ZEUS 18:31 GMT August 2, 2010
Scalp alert

Sorry forgot to answer this-

nyc s 18:04 GMT August 2, 2010
Scalp alert:
Zeus. Do you have a stop in gbpusd?
_______________________________________
Yes on scalps and no on positions. I'm guessing you mean the position even though the question came on the scalp thread.

Tybee Beach ZEUS 18:29 GMT August 2, 2010
Scalp alert

Houston et 18:05 GMT August 2, 2010

That's right. Scalps are scalps. 20-40+ pips sounds about right.
Cheers!

Gen dk 18:26 GMT August 2, 2010 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Tybee Beach ZEUS 18:25 GMT August 2, 2010
Scalp alert

nyc s 18:04 GMT August 2, 2010

Price is price but the key is position size when it comes to risk.
I also have hedges and complimentary positions the same so a full picture is never known by blogging some trades so not sure how useful it can be to your overall.
But, if you look where the entry was there were really only three primary areas of entry.

Cheers!

GVI Forex Blog 18:18 GMT August 2, 2010 Reply   
AUD/USD (a 4-hour chart of which is shown) as of Monday (8/02/2010) has closely approached its upside resistance target in the 0.9150 price region

AUD/USD Reaches Upside Target, Bullish Bias

Houston et 18:16 GMT August 2, 2010
Cable
Reply   
Cable 1.6+ tomorrow!?

Houston et 18:13 GMT August 2, 2010
Scalp alert

If stocks revisit the highs, we might yet see new highs in Cable and Eur/Dlr today

Belgrade TD 18:05 GMT August 2, 2010
SP500 (/ES)

interesting coincidence or not ?!

Fibb. levels
1) 1.219 high in April 2010 to 1.010 in July 2010 low
2) 666 low in April 2009 to 1.219 in May 2010 high
3) 1.576 high in October 2007 to the 666 low in April 2009

daily chart, give as some interesting levels to watch: break outside of areas – 1,120 resistance or 1,090 support – likely results in a move to the next level - 1,140 / 1,060

chart is very complicated so no chart this time :)

Houston et 18:05 GMT August 2, 2010
Scalp alert

So far, Cable has retraced only 25 pips from its high today and Eur/Usd 33 pips - Pretty low so far on my scale.

nyc s 18:04 GMT August 2, 2010
Scalp alert

Zeus. Do you have a stop in gbpusd? I asked before what your average was on the position to get a feel for your risk tolerance since you started selling 200 pips ago. I am not trying to pry.

Tybee Beach ZEUS 17:51 GMT August 2, 2010
Scalp alert

It's the final countdown.....

If I was a lowwwwww risk trader I would sell EUR/USD when 1.3163ish gets taken out.

Hillegom Purk 17:46 GMT August 2, 2010
Scalp alert

Elbow: one day like this a year'd that see me right.

Tybee Beach ZEUS 17:46 GMT August 2, 2010
Scalp alert

U.K. J.B. 17:43 GMT August 2, 2010

Good show J.B. Agree fully and that's why I leveraged the farm on EUR's at the high end and maintain GBP shorts as positions and now offering up some scalps to pay the bills and fill the tank.

Cheers! :-)

U.K. J.B. 17:44 GMT August 2, 2010
Scalp alert

I was referring to 1.3190 as the C/T

U.K. J.B. 17:43 GMT August 2, 2010
Scalp alert

Zeus , i like the short in Euro , top of the channel top for a move to 1.2995 area. Most people must now be stopped out in cable also.

U.K. J.B. 17:40 GMT August 2, 2010
Aud
Reply   
Sold Aussie, i did try and transmit a explaination behind CRB etc but i could not transmit and i did not want to repeat/type all over again

Tybee Beach ZEUS 17:39 GMT August 2, 2010
Scalp alert

Something tells me that GBP/USD is also about to crack lower.

Tybee Beach ZEUS 17:38 GMT August 2, 2010
Scalp alert

Something tells me that EUR/USD about to crack lower.

Tybee Beach ZEUS 17:33 GMT August 2, 2010
Scalp alert

Scalpers can convert this or the signal at higher levels into a swing trade or take gains at their leisure.

Happy Day!

Hillegom Purk 17:32 GMT August 2, 2010
E/U HIGH

Thanks!!!!!!!!!!!!!!!!!!!!!!!!

Belgrade TD 17:30 GMT August 2, 2010
E/U HIGH

H-1,31946 - 15:32 GMT (in my station)

GVI Forex Jay 17:27 GMT August 2, 2010
E/U HIGH

15:33 GMT

Hillegom Purk 17:27 GMT August 2, 2010
E/U HIGH

Foreverrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr.
Where is that guy who sold selver...

Tybee Beach ZEUS 17:25 GMT August 2, 2010
E/U HIGH

We thank thee, Mr Purk. Your whispers speak loudly.

Cheers!

Hillegom Purk 17:25 GMT August 2, 2010
E/U HIGH
Reply   
A favour please: time of high in e/u today in GMT. thank thee...

Tybee Beach ZEUS 17:24 GMT August 2, 2010
Scalp alert

1.3177 looks like another scalp short opportunity.

Hillegom Purk 17:13 GMT August 2, 2010
long term close

usd/jpy is busy finding a bottom. low this year was friday with high 85 thingy. The force after that was nearly 100 pips, so seems like a bottom there. One can certainly long this pair with a stop 150-200 under the 85.95.
aud/usd still amazing. It did a fine bounce down, but came back with 91 faster than i can change my socks....
all pairs seem to do IT on their own. Fascinating. I stick to range trading and following flows, who btw are saying absolutely nothing today in e/u. For me that means that a great bounce is near. Overshoot however can easily do 200 piptets...

Gen dk 17:04 GMT August 2, 2010 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

U.K. J.B. 17:01 GMT August 2, 2010
Cad
Reply   
I really want to buy dolls/cad, but aud/cad looks toppish so aud short may be better r/r

U.K. J.B. 16:59 GMT August 2, 2010
stg/yen
Reply   
Just going through some chart levels. Nice double top on the dailies re stg/yen supports a short @137.62

Lahore FM 16:50 GMT August 2, 2010
long term close

Cheers J.B.

happy trades!

U.K. J.B. 16:44 GMT August 2, 2010
long term close

Thanks FM for your kind observations re Chf/yen. I dont really see anything special myself there 90/75 range and we are in the middle of it. Any position regarding Yen you are in the hands of the equity moves so i play them very cautiously. I am looking at the pair individually ie dolls/chf and dolls/yen and from a R/R point of view i feel the downside is limited. Any spikes i will try and play the ranges and improve the position GT

Tybee Beach ZEUS 16:39 GMT August 2, 2010
Silver
Reply   
Agree with this author's salient points about silver
The general public had best expect the unexpected or else take action to reap the reward-

http://www.roadtoroota.com/public/136.cfm

deja vu...
BUY SILVER FOREVER!!!!!!!!LOLOLOL!!!!!!!HAHAHAHA!!!!!!!

Belgrade TD 16:39 GMT August 2, 2010
long term close

tokyo rana 16:32 GMT August 2, 2010
it's possible but unlikely ... in any case I appreciate your warning and opinion ... my stops are at 0.8480 JPY and 1.01 CHF ... happy trade to you :)

tokyo rana 16:32 GMT August 2, 2010
long term close

Belgrade TD 16:27 GMT August 2, 2010
dear friend,i can be wrong also maybe it goes very high but ithink yen will be higher...just looks to very scarey just please put tight stops...u know in 1995 usdjpy droped 2500pips in 3 days....happy trade,

jerusalem kb 16:29 GMT August 2, 2010
are we going to see usdchf at 1.0130?

showed = should

Lahore FM 16:28 GMT August 2, 2010
long term close

U.K. J.B. 16:04 GMT August 2, 2010

J.B. chfjpy chart is pointing to much lower prices in coming sessions so where usdchf may keep rising usdjpy may not do well from long side.

just my two cents on the two trades.

jerusalem kb 16:27 GMT August 2, 2010
are we going to see usdchf at 1.0130?
Reply   
Sell USDCHF
Entry: Target: Stop:

are we going to see usdchf at 1.0130?
this means that all news coming from us showed be changed to bad news to test monthly support at 1.0130

Belgrade TD 16:27 GMT August 2, 2010
long term close

tokyo rana

now you're in the right position and it is quite possible that all this still going on under your scenario ... I'd love to know:) ... many times I was (not) right, so it is very possible, at least 50% ... GLGT ...

jerusalem kb 16:22 GMT August 2, 2010
buy stop on gbpusd

thanks td
one of my plateform was offline

GVI Forex Jay 16:22 GMT August 2, 2010
long term close

JB, good to see you online. As a public forum, we can only react but for the most part we are very pleased at the way the community is evolving to be market oriented and around trading dieas (we would really like to see rationale included in trade posts). Unfortunately, the occasional sniping stands out against a generally cooperative spirit but better handled if we are alerted and can deal offline.

This doesn't mean one cannot disagree as long as it is done respecfully. Ee do not want our forums to be a bunch of yes men and self praise. We encourage all opinions but discourage personal attacks.

jerusalem kb 16:21 GMT August 2, 2010
buy stop on gbpusd

sorry it is 1.5906

Saar KaL 16:21 GMT August 2, 2010
USDCHF and USDJPY

Kevin/
I hope you are still in Bro
Da Gods Must be NOT Crazy after all
Really Nice Stop

tokyo rana 16:21 GMT August 2, 2010
long term close

idonot think usdjpy return to 93/95...target is 90/91 in case another rise at the momemt looks impossible...happy trade,

Belgrade TD 16:17 GMT August 2, 2010
buy stop on gbpusd

H - 1,59062 (GBP/USD)

tokyo rana 16:15 GMT August 2, 2010
long term close

idonot think here at this level usdjpy long and long term..but i can be wrong...ithink big drop...good luck,lowest weekly since 1995...im sorry bcoz im very junior...happy trade

sorry for copy paste...
Comment: Another weekly close below 87.00, the lowest weekly closes since 1995. Bearish momentum has increased again and it is not oversold, though futures on-balance volume is at a new record high. We remind that that consensus opinion is that dollar/yen should be at 98.00 in 12 months’ time and no analysts polled by Reuters has estimated it below 82.00. Allow for some serious hesitation at 85.00, with one-month at-the-money implied volatility surprisingly trading just under its very long term mean at 11.15%. We favour another cautious downside probe this week.
Strategy: Sell at 86.60; stop above 87.65. First target 86.00/85.85, then 85.75/85.50.

Comment: We continue to favour a series of concerted downside tests of key support between 87.00 and 85.00 this summer. As year-ago consensus opinion had it at 98.00 by now, and currently forecasts 98.00 in a year’s time, it suggests entrenched views and a reality disconnect. In July and August last year Mizuho had it at 85.00 by now – close but too early as is so often the case with Technical Analysis. The 87.00 level is its mean regression level since 1980, so while the authorities might fret and mutter, the yen is not ‘expensive’ against the US dollar as it was in 1995 (all-time low 79.75 and well over two standard deviations below the mean). We would not rule out a break and ‘spikes’ below here over the next three months.
A monthly close above 90.00 would force us to adjust.

Comment: Having dropped to critical support at 85.00, ahead of the all-time low at 79.75 of April 1995, maintaining the ultra-long term trend to US dollar weakness will probably prove more difficult. The authorities will be tempted to pull out all the stops, making for erratic price action and truncated trends. During Q1 prices will hold above 85.00, but capped around 94.00. Throughout Q2 and Q3 we favour a series on concerted downside tests of the two levels mentioned above, with sizeable bounces following each attempt, rallies probably capped between 98.00 and 100.00. The final quarter of 2010 should see far more subdued trading, prices again holding above 85.00 and capped at 94.00.
A weekly close above 95.00 would hint that the market is no longer in bear mode and, coupled with the potential ‘wedge’ that has been forming since April 2009, could lead to a massive short-covering rally taking the US dollar back up to 110.00.
Chart Levels:

tokyo ginko 16:15 GMT August 2, 2010
trade for today

add usd/jpy 30% 86.43

jerusalem kb 16:15 GMT August 2, 2010
buy stop on gbpusd

someone tell me what is the high price of gbpusd please is it 1.5904 or 1.5906

U.K. J.B. 16:14 GMT August 2, 2010
long term close

Jay, i was referring in general not for today. I have been away for a while and noticed when i ocassionally logged on there was quite a bit, anyway not to worry. Yes RM is top priority and seems to be overlooked at times.

Belgrade TD 16:13 GMT August 2, 2010
long term close



U.K. J.B. 16:04 GMT August 2, 2010

well, there is at least few (two) of as :) ... both pairs were irritating last week but well ... and counting on $$ corrections according to chart ... it is certainly my idea of September and rest of the year ... GL GT
CAD/USD are very promising if they broke 1,04 ... not yet anyway ...

GVI Forex Jay 16:08 GMT August 2, 2010
long term close

JB, I haven't seen much criticism (unless I missed something), more some questions and discussion. I think discussion of risk and money management is something that should be encouraged.

KL Hedger 16:08 GMT August 2, 2010
Trend is your friend
Reply   
Buy EURUSD
Entry: Target: Stop:

Buy EURUSD

Entry: 1.3167 Target: 1.3227 Stop: 1.313

GVI Forex john 16:06 GMT August 2, 2010
GVI Forex Trading Support

GVI CHART POINTS
Entry: Target: Stop:

FOREX TRADING TOOLS

FX Rates:

Chart Point Tables:

By Base:

CHF

FX Database

Classic Format

USD

JPY

AUD

GVI Charts

Risk Trades

EUR

GBP

CAD



jerusalem kb 16:04 GMT August 2, 2010
buy stop on gbpusd

thank you

U.K. J.B. 16:04 GMT August 2, 2010
long term close

Belgrade TD

I like both your dolls/chf and dolls/yen positions. I have the same . I was a little dissappointed dolls/yen did not rally but with the general dollar weakness i can understand why the yen only weakened on the crosses.

One small point i do not understand why anyone should come under criticism for taking the time to post on the forum. Surely as individuals we have the intelligence to ignore something we dont like, in order to keep the forum professional and friendly GT/GL

Tybee Beach ZEUS 16:01 GMT August 2, 2010
Scalp alert

Scalpers take gains at your leisure.

Cheers!

nyc s 15:58 GMT August 2, 2010
buy stop on gbpusd

kb. Nice trade with the trend.

Zeus I pay attention to your scalp calls. Your position trades are often too rich for my risk profitle

Belgrade TD 15:55 GMT August 2, 2010
long term close

as for me I still have one long Oil contract and longterm positions : long USD/CHF (1.039) and USD/JPY (86.40)
... everything else can be only short-term positions for the rest of August ... meantime IF/THEN ... short OIL and SP500 long-term ... but August is full of scalp and short term opportunities ... so everything is possible ... :)

jerusalem kb 15:52 GMT August 2, 2010
buy stop on gbpusd

closed all position at 1.5897 continuation may bring 1.6069 but i am out

London Shaun 15:45 GMT August 2, 2010
dow
Reply   
Buy
Entry: Target: Stop:

Cut my Dow for a big loss.

Belgrade TD 15:44 GMT August 2, 2010
SP500 (/ES)
Reply   
Small sell at 1120 ... stop above 1133+ ... target latter

Tybee Beach ZEUS 15:44 GMT August 2, 2010
Scalp alert
Reply   
Short EUR/USD now 1.3187 or >

Saar KaL 15:37 GMT August 2, 2010
USDCHF and USDJPY

Maybe god is listening?
Sniff...Sniff....
Xrta god workout...gotta do more to hedge

Tybee Beach ZEUS 15:37 GMT August 2, 2010
Dolls/chf

Thanks J.B.

Appreciate your compliment. Have been lucky enough lately for sure. Temporarily out on the GBP but as mentioned to those curious enough, over time have chirped about buying physical silver and copper on the dip. So, nice natural hedge nonetheless for now. I'm confident in your T/P for GBP and thus have built a position to last.
Zeus critiques by many here usually come on market elbows. Interesting how those instances have turned out over the years.
I remember someone who was attacking me just as the FIFA World Cup was about to begin and said to buy USD and hold. That was right at the market bottom where I went long as posted here in the archives. Exiting that just a small few figs from the top and positioning the other way is just the way I prefer. Memories are short here and instant critiques are long.

Happy Day!

Cheers!

Douglas IOM cookie 15:36 GMT August 2, 2010
gbp/usd position?
Reply   
GBPUSD
Entry: Target: Stop:

gbp/usd maybe a short scalp trade is possible @ this level 1.5925 area as resistance

Saar KaL 15:33 GMT August 2, 2010
USDCHF and USDJPY

Jesus Man
I hate that...same feeling as Engineering school....Just not sure how well you did
Major prayer on way today...sort of meditate all day long
Using whatever...Jesus, Jews... Islam... Buddha...whatever ..Yoga Systems

Belgrade TD 15:33 GMT August 2, 2010
long term close
Reply   
long term closed -
close all NZD/USD at 0,7330 (from ~0,7000) with nice gains ...
close all AUD/USD at 0,9130 (from ~0,8800) with nice gains ...

GVI Forex Blog 15:29 GMT August 2, 2010 Reply   
EUR/USD (a 4-hour chart of which is shown) as of Monday (8/02/2010) morning has made a dramatic upside breakout above last week’s high in the 1.3105 price region

EUR/USD Breaks Out, Targets 1.3400

U.K. J.B. 15:23 GMT August 2, 2010
Dolls/chf

nyc ws ,

Thank you for the explaination, so thats where i have been going wrong all these years.

Less criticism of Zeus , yes he is caught today ( temporary ) but has had some great calls and been very consistant for some time now.

GVI Forex Blog 15:20 GMT August 2, 2010 Reply   
EUR/USD is around fresh three-month highs above 1.3190 and GBP/USD is moving close to fresh six-month highs above the 1.5890 level. Commodity-related currencies followed the higher oil prices as NYMEX WTI contract moved above $82/barrel.

Forex Blog - US Market Update (Trade the News)

Saar KaL 15:19 GMT August 2, 2010
Trade Ideas

FM/
will not jump into the water yet for USDCHF
will hang around rescue boat for another 40 Minutes

Gen dk 15:18 GMT August 2, 2010 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

Tybee Beach ZEUS 15:17 GMT August 2, 2010
Trade Ideas

Indeed FM.
Cheers!

nyc ws 15:17 GMT August 2, 2010
Dolls/chf

JB many retail traders seem to prefer the contra side and in this market are fighting strong momentum and trends. Contra trading works okay in a range market but is often a losing battle in trending markets unless you get lucky oin timing.

Zeus did you sell another farm?

GVI Forex john 15:17 GMT August 2, 2010
GVI Forex Trading Support

The USD has started of the new week on the back foot as the lead EURUSD relationship is following the lead of equity prices higher. Overlay charts show this relationship very clearly.

Hong Kong Qindex 15:17 GMT August 2, 2010
GBP/CHF : Current Comments
Reply   
GBPCHF
Entry: Target: Stop:

GBP/CHF : This is an early indication of weakness when the market is rejected from the barrier at 1.6298 // 1.6474.


qindex.com

Lahore FM 15:17 GMT August 2, 2010
Trade Ideas

rats look ready to leave the ship...

Belgrade TD 15:13 GMT August 2, 2010
Crude oil accumulation

close 3/4 at 81,25 with nice profit, for rest 1/4 stop at 79,80 ... considering short during this week ...

Tybee Beach ZEUS 15:13 GMT August 2, 2010
EUR/USD
Reply   
Heavy short position @ 1.3192

U.K. J.B. 15:07 GMT August 2, 2010
Dolls/chf
Reply   
Long dolls/chf 1.0370 Tar 1.0850 stop 1.0200

I must say i am a little concerned with the amount of contra trading on the Forum today. I thought most traders were trend followers hence 95 % losers. GT to all

Lahore FM 15:06 GMT August 2, 2010
Trade Ideas

Sell Crude
Entry: 81.15 Target: 69 Stop: 81.90

sold a second tranche

HK kevin 15:06 GMT August 2, 2010
USDCHF and USDJPY

Saar KaL 15:01 GMT, honestly I don't know. A daily close below 1.0370 is very bad for this pair.

tokyo rana 15:04 GMT August 2, 2010
USDCHF and USDJPY

Saar KaL 15:01 GMT August 2, 2010
dear friend,mind blowing drop is coming...put tight stops like me..happy day,

GVI Forex Blog 15:04 GMT August 2, 2010 Reply   
Aug 2 (global-view.com) UPCOMING DATA HIGHLIGHTS: The Far East will see Australian retail sales statistics and a Reserve Bank of Australia policy decision. The RBA is expected to hold rates steady. In Europe, Swiss CPI, EZ PPI and trade data are awaited. In North America, U.S. Personal income statistics, pending homes sales, factory orders and weekly API energy data are due.

GVI Forex- Data Outlook for Aug 3, 2010

Ath. L.K. 15:03 GMT August 2, 2010
EUR/USD
Reply   
Sell EURUSD
Entry: 1.3190 Target: Lets see Stop: 1.3260

Sold

Saar KaL 15:01 GMT August 2, 2010
USDCHF and USDJPY

Kevin/
I think it's a good deal
You think this is lowest for a year?

GVI Forex john 15:00 GMT August 2, 2010
GVI Forex Trading Support

 

Aug 2 (global-view.com) UPCOMING DATA HIGHLIGHTS: The Far East will see Australian retail sales statistics and a Reserve Bank of Australia policy decision. The RBA is expected to hold rates steady. In Europe, Swiss CPI, EZ PPI and trade data are awaited. In North America, U.S. Personal income statistics, pending homes sales, factory orders and weekly API energy data are due.  

 

 

 

TUESDAY

 

 

0:30

AU

Retail Trade 2Q

0.80%

0.10%

0:30

AU

Retail Sales Jun

0.30%

0.20%

0:30

AU

RBA (4.50%)

4.50%

unch

7:15

CH

CPI mm Jul

-0.50%

-0.40%

17:15

CH

CPI yy Jul

0.70%

0.50%

9:00

EZ

Trade EURb Jun

n/a

-3.4

9:00

EZ

Jun PPI mm

0.40%

0.30%

9:00

EZ

Jun PPI yy

3.10%

3.10%

12:30

US

Core PCE mm Jun

0.10%

0.20%

12:30

US

Per Inc Jun

0.20%

0.40%

14:00

US

Pnd Hms Jun

3.70%

-30.00%

14:00

US

Factory Ords Jun

-0.30%

-1.40%

20:30

US

API Energy

n/a

n/a

 

 

 

HK kevin 14:54 GMT August 2, 2010
USDCHF and USDJPY

Saar KaL 14:45 GMT, USD/CHF 1.0375 in. Stop at 1.0341

tokyo rana 14:53 GMT August 2, 2010
jpy

now game started..gbpjpy just 23pips spike from my res...happy day,

tokyo rana 14:49 GMT August 2, 2010
USDCHF and USDJPY

Saar KaL 14:45 GMT August 2, 2010
dear friend,lets watch now jpy how reverse...happy day,

tokyo rana 14:45 GMT August 2, 2010
jpy

how bad day is today..i was long chfjpy and swtich to usdjpy and lost money...

Saar KaL 14:45 GMT August 2, 2010
USDCHF and USDJPY

Out of DJI and SP Longs
for a few hrs
Added Gold shorts here

Saar KaL 14:24 GMT August 2, 2010
USDCHF and USDJPY

USDCHF More Longs here
I bet you today's Low is the lowest for the year

tokyo rana 14:18 GMT August 2, 2010
jpy

Manama A 14:14 GMT August 2, 2010
maybe go little up..happy trade,

Belgrade TD 14:14 GMT August 2, 2010
JPY and targets
Reply   


possible targets ... Pivot points and the S / R

jkt-aye 14:14 GMT August 2, 2010
GBPUSD

U.K. J.B. 12:58 GMT August 2, 2010
-----
think i'll never can beat your "super indi" ;) gtgl

Manama A 14:14 GMT August 2, 2010
jpy



tokyo rana

i dont think so for usdjpy to go down now it will fly high

London M 14:12 GMT August 2, 2010
GBPUSD

I just heard that a Middle Eastern sovereign account has been a seller into strength on Cable.

GVI Forex Blog 14:11 GMT August 2, 2010 Reply   

Dow Set to Open 100 Points Higher on Strong Global Risk Demand

GVI Forex Blog 14:11 GMT August 2, 2010 Reply   

Worries about Economy Losing Steam Drives U.S. Dollar Lower

GVI Forex john 14:09 GMT August 2, 2010
GVI Forex Trading Support



ECONOMIC DATA CHART
Entry: Target: Stop:

ISM Mfg PMI 56.2 unchanged, but better than forecast..

GVI Forex Jay 13:49 GMT August 2, 2010
BIS

This was posted on GVI Forex earlier (1.3125 since taken out):

Richmond Dennis 13:24 GMT August 2, 2010
eurdlr: Reply
hearing BIS on the offering at 13125 and of an option barrier at 13150

Mtl JP 13:45 GMT August 2, 2010
GBPUSD

Jay 13:12 - u n c a n n y , indeed.

action came to it, overshot by somewhere between 1 and 2 pips and sofar heaved 40 pips.

Mitigating risk does not get better.

tokyo rana 13:44 GMT August 2, 2010
jpy

Manama A 12:58 GMT August 2, 2010
dear friend,ithink usdjpy ready for another low now..happy trade,

KL FS 13:42 GMT August 2, 2010
sell audusd big time
Reply   
i would be surprise if audusd can go above 0.95 this time, most likely fall will start from here or a bit higher say somewhere in the 0.92-0.93 region

Saar KaL 13:36 GMT August 2, 2010
USDCHF and USDJPY

GOLD and silver

I think time to short
Hold 1,196.6738 1,150.6138

Short here at MKT
=
Silver

Hold 18.5442 17.3080

will wait a few hrs

nyc ws 13:36 GMT August 2, 2010
BIS
Reply   
Is there any talk about the BIS selling euros again today?

tokyo rana 13:27 GMT August 2, 2010
USDCHF and USDJPY

Sell GBPJPY
Entry: 137.40 iwas waiting Target: 1000 to 2000pips Stop: 30/40pips

done it.................happy trade,

tokyo rana 13:25 GMT August 2, 2010
USDCHF and USDJPY

Saar KaL 13:19 GMT August 2, 2010
dear friend,im done for this week 137.40 no need more trade now long term position have jpy pairs topped out later on big drop buy usd/jpy heavly....happy trade,

BSB SabiKayoo 13:25 GMT August 2, 2010
EUR will Extends to 1.4578
Reply   
Buy EURUSD
Entry: Target: 1.3267 Stop:

EUR will extends to 1.3267 and next target 1.3359

Saar KaL 13:19 GMT August 2, 2010
USDCHF and USDJPY

RANA/
Then what are waiting for?
Short it!!
I will stay Long

London Shaun 13:15 GMT August 2, 2010
GBPUSD

Shorted @ 1.5830 and 70.

GVI Forex Jay 13:12 GMT August 2, 2010
GBPUSD

GBP/USD held initial test of 1.5881 = 3rd std dev as seen on our FX Chart Points table. To see it click here;

FX Chart Points RULE!!

tokyo rana 13:10 GMT August 2, 2010
USDCHF and USDJPY

Saar KaL 13:06 GMT August 2, 2010
trust me or not jpy pairs is short now...target 1000 to 2000pips...add on rally is best...happy trade,

tokyo rana 13:09 GMT August 2, 2010
USDCHF and USDJPY

Saar KaL 13:06 GMT August 2, 2010
trust me or not jpy is short...target 2000pips...add on rally is best...happy trade,

Saar KaL 13:06 GMT August 2, 2010
USDCHF and USDJPY

EURJPY 1 week TGT 116+
Long and adding

Manama A 12:58 GMT August 2, 2010
jpy

tokyo rana 10:04 GMT August 2, 2010
jpy : Reply
Buy
Entry: 86.75 Target: 75pips Stop: 20p

thanks rana i close with 30 pip

U.K. J.B. 12:58 GMT August 2, 2010
GBPUSD

Thank you for the kind words Zeus. I understand why stg is bid today , better numbers etc . My last indicator just kicked in guys who were looking for 1.35 now calling for 1.70. So therefore :

Short cable @ 1.5870 tar 1.55 Stop 1.6020 bid GL/GT

tokyo rana 12:57 GMT August 2, 2010
jpy
Reply   
Sell GBPJPY
Entry: 137.4 Target: open Stop: 137.7

usdjpy long stoped 26pips minus..happy trade,

nyc s 12:54 GMT August 2, 2010
GBPUSD

what is b/e on the position?

Tybee Beach ZEUS 12:52 GMT August 2, 2010
GBPUSD

nyc s 12:49 GMT August 2, 2010
Yessss. Loaded and loaded again then bet the farm.
Let's see...

nyc s 12:49 GMT August 2, 2010
GBPUSD

Zeus are you also still short from 1.57 sold last week?

Tybee Beach ZEUS 12:43 GMT August 2, 2010
GBPUSD

>50 pips away from position B/E and hands are sweaty.
This will be fun.

Saar KaL 12:35 GMT August 2, 2010
USDCHF and USDJPY

EURJPY Very Bulish
DJI as well
Longs at MKT here

GVI Forex Blog 12:30 GMT August 2, 2010 Reply   
Dollar-Swiss was moving in the region of 1.0400-600 last week honouring the strong ...

FX Thoughts for the day : 02-Aug-2010 - 1225 GMT

Saar KaL 12:29 GMT August 2, 2010
USDCHF and USDJPY
Reply   
They won't stop
Long USDJPY here MKT
USDCHF Longs with 10 pip drop

added NZDJPY Longs
TGT higher then .6690

Tybee Beach ZEUS 12:28 GMT August 2, 2010
GBPUSD

Feels like the possible final push. We'll see....
Time for beach.

sh hl 12:28 GMT August 2, 2010
Sell Euro


Entry: 1.3095-1.3125 Target: 1.2800 Stop: 1.3175

time window is around the corner, i was short, and will still keep short euro. you can take my trade as contra -indicator as you like hahah.

Tybee Beach ZEUS 12:27 GMT August 2, 2010
GBPUSD

Nice to see you all reply with such positive feedback. Especially great to see the master, J.B. It's been a while friend. :-)

Well they say there are no old and bold traders but I assure you that I am both. LOL
Never follow my actions as you must always know your own VaR and gearing requirements.

Happy Day!

hk ooozmeeh 12:24 GMT August 2, 2010
GBPUSD

hi zeus, 2 strong resistances on my gbp chart @ 1.5832 Dec 30 2009 low and 1.5865 61.8 fibo retracement...it may off shoot a little bit...but i would still consider a good Sell level back near 1.55, IMHO. good trades mate.

sofia kaprikorn 12:13 GMT August 2, 2010
GBPUSD

hi Zeus - gbp/usd is close to the projected top on the 4-hour trend channel so your call to short at around 1.58 has the good potential R/R...

CONTRA Trading:
since I have been many times doing the same contra trading and maybe you enter a bit too early but still patience and leverage are key when trading reversals - and you have been showing skill enough times already

EUR/GBP
Interesting EUR/GBP is developing a Falling Wedge on 4-hour chart and 0.8560/80 area coincides with the Minor Top in June - so a potentially good area to bounce from...

EUR/USD - 1.3047/55 is 4-hour Channel trendline Support and trailing stop - also:

USD/CAD - 1.0150 is the projected Downtrend Channel bottom - so if current channels prevail we will see some more USD selling ...

all the best and good trading!

U.K. J.B. 12:00 GMT August 2, 2010
GBPUSD

I concur Zeus and euro/gbp to base also GL/GT

GVI Forex Jay 11:59 GMT August 2, 2010
GBPUSD



EUR/GBP: Major support is at .8088 so while price action is bearish, it is not fatal-- see daily chart

Tybee Island ZEUS 11:56 GMT August 2, 2010
GBPUSD

They will hump and pump GBP but in the end it will be a massive dump.

London Chris 11:55 GMT August 2, 2010
GBPUSD

Shaun

it is also eurchf and eurjpy

London Shaun 11:52 GMT August 2, 2010
GBPUSD

For my penny's worth I hope you're right and you make a truckload Zeus. But IMHO I think this is all Eur GBP related and the drop from 0.84 to 0.825 is reflected in Cable's rise. I sincerely hope there is a reversal and the dollar is bght as that might hit the DOW of which I am heavily short now. (sold @480 bght some back @ 380 and sold more @ 450, 500 and 550.

London Mick 11:43 GMT August 2, 2010
GBPUSD

Zeus what is the average? You have more b-lls than I have.

KL FS 11:39 GMT August 2, 2010
sell audusd big time
Reply   
sell audusd here, even if it goes up further 100-200 pips, in the end it will tank to 0.78 by year end!!

Tybee Beach ZEUS 11:34 GMT August 2, 2010
GBPUSD

GBP/USD = Box top

Tybee Beach ZEUS 11:31 GMT August 2, 2010
GBPUSD

Liquidated other positions and bet the farm by adding short for the ultimate GBP/USD position @ 1.5828.
Big win or big loss is coming.

tokyo rana 11:27 GMT August 2, 2010
gbpjpy weekly chart

i mean most likely go down from here...happy trade,

tokyo rana 11:22 GMT August 2, 2010
gbpjpy weekly chart

Sell AUDJPY
Entry: still watching Target: 70.155 Stop: 20 to 30pipss

jerusalem kb 11:16 GMT August 2, 2010
dear friend,im also watching this pair and audjpy most likey go down from 137.40 audjpy 79.56 key levels to watch is break than 80.80 and 139.55...waiting for better price for short..maybe short ausjpy i lost many pips in these pairs...happy trade

jerusalem kb 11:16 GMT August 2, 2010
gbpjpy weekly chart
Reply   


GBPJPY
Entry: Target: Stop:

Gbpjpy is right below ress. Line in weekly chart which may show some reaction but in daily and h4 chart break of 137.65 will target 139.55 but because of the weekly trend line , I may forget about it but can I resist it.

GVI Forex john 11:12 GMT August 2, 2010
GVI Forex Trading Support

LATEST PIVOT POINTS
Entry: Target: Stop:

Pivots	EUR/USD	USD/JPY	USD/CHF	GBP/USD	USD/CAD
Res 3	1.3216	87.90	1.0557	1.5934	1.0451
Res 2	1.3155	87.42	1.0511	1.5828	1.0413
Res 1	1.3104	86.92	1.0456	1.5765	1.0340
					
Pivot	1.3043	86.44	1.0410	1.5659	1.0302
					
Sup 1	1.2992	85.94	1.0355	1.5596	1.0229
Sup 2	1.2931	85.46	1.0309	1.5490	1.0191
Sup 3	1.2880	84.96	1.0254	1.5427	1.0118

GVI Forex john 11:11 GMT August 2, 2010
GVI Forex Trading Support

GVI CHART POINTS
Entry: Target: Stop:

FOREX TRADING TOOLS

FX Rates:

Chart Point Tables:

By Base:

CHF

FX Database

Classic Format

USD

JPY

AUD

GVI Charts

Risk Trades

EUR

GBP

CAD



GVI Forex john 11:02 GMT August 2, 2010
GVI Forex Trading Support



ECONOMIC DATA CHART
Entry: Target: Stop:

Earlier Swiss MANUFACTURING PMI strong reading.

GVI Forex john 11:00 GMT August 2, 2010
GVI Forex Trading Support



ECONOMIC DATA CHART
Entry: Target: Stop:

Earlier U.K. MANUFACTURING PMI weaker.

GVI Forex john 10:58 GMT August 2, 2010
GVI Forex Trading Support



ECONOMIC DATA CHART
Entry: Target: Stop:

Earlier E-Z MANUFACTURING PMI slight revision to flash estimate.

GVI Forex john 10:54 GMT August 2, 2010
GVI Forex Trading Support



Chinese Manufacturing PMI earlier. Lackluster data.

Tokyo Rana 10:43 GMT August 2, 2010
jpy

87.00, the lowest weekly closes since 1995.

GVI Forex Blog 10:40 GMT August 2, 2010 Reply   
The highlight of the week in the UK is the BoE policy announcement which will be made in light of the latest Inflation Report forecasts. No change is expected to bank rate or the size of the QE programme, but views on the MPC are clearly divided.

Economics Weekly - Markets to focus on US private sector job creation, policy meetings

Tokyo Rana 10:38 GMT August 2, 2010
GBPUSD

Tybee Beach ZEUS 10:35 GMT August 2, 2010
dear friend,i agree with you...wat is ur view on usdjpy?87.50 we will see today?happy trade,

Belgrade TD 10:37 GMT August 2, 2010
USD/CAD

07/30/2010 16:07:08 TD Belgrade 3
small long here ... at 1,0278 ... stop ~ 1,025 ... targeting 1,38+
////
stop triggered and closed with minus ~30p

Tybee Beach ZEUS 10:35 GMT August 2, 2010
GBPUSD

This story will have the same ending as usual for the spoofers and naysayers. GBP/USD is about to take a major spike down.
Nobody believes me but....

GVI Forex Blog 10:27 GMT August 2, 2010 Reply   
The Reserve Bank of Australia (RBA) decision on short term interest rate

Forexpros Daily Analysis - 02/08/2010

NYC SSH 10:27 GMT August 2, 2010
GBPUSD
Reply   
He always build his call on WFAK call...
this time no wfak call.

Gen dk 10:19 GMT August 2, 2010 Reply   
Trading Signals Updated: CLICK HERE for more Gen dk information

GVI Forex Blog 10:06 GMT August 2, 2010 Reply   
The dollar index hit a three-month low on Monday, hurt by worries that the U.S. economy's recovery is losing steam, while the high-yielding Australian dollar reached a three-month high, buoyed by a rise in equities.

FOREX NEWS - Dollar hurt by data, Aussie at 3-mth high

jerusalem kb 10:04 GMT August 2, 2010
SELL PENDING ORDER AUDUSD
Reply   
Sell AUDUSD
Entry: 0.9175 Target: Stop: 0.9250

PENDING ORDER NOW PLACED AT 0.9175 hope it go there

tokyo rana 10:04 GMT August 2, 2010
jpy
Reply   
Buy
Entry: 86.75 Target: 75pips Stop: 20pips

happy trade,

GVI Forex Blog 10:03 GMT August 2, 2010 Reply   
The USD maintained a mix tone against the majors in the session despite an improvement in risk appetite.

European Market Update: European financials provide further impetus for risk appetite (Trade the News)

Hong Kong Qindex 10:01 GMT August 2, 2010
CAD/JPY : Current Comments

Sell
Entry: Target: Stop:

CAD/JPY : Speculative selling pressure will increase when the market is rejected from the barrier at 84.95 //85.08.


qindex.com

GVI Forex john 09:58 GMT August 2, 2010
GVI Forex Trading Support

DAILY FOREX VIEW
Entry: Target: Stop:


The Daily Forex View

Soft USD Tone

10:00 GMT- Aug 2 (global-view.com) The USD is heading into North America Forex trading with a soft tone, but not out of bounds within recent ranges. European 

MORE



jerusalem kb 09:54 GMT August 2, 2010
buy usd
Reply   
i am starting to build some long positon on usd like shorting audusd,eurusd beside longing usdcad and USDCHF.
it is not clear yet but i will choose the strongest as all fundmental points up in US this week.
will be updated

Syd 09:45 GMT August 2, 2010
Why Miners Don't Need Another Tax
Reply   
Julie Bishop, Australian deputy opposition leader, says the mining industry does not need another profit based tax. She tells CNBC's Matthew Taylor that a sovereign risk has been raised in connection with investment in Australia.
http://www.cnbc.com/id/1584
0232?video=1557396545&play=1

tokyo rana 09:41 GMT August 2, 2010
bought jpy now!
Reply   
Sell USDJPY
Entry: Target: Stop:

jpy all pairs sold for 20to 50pips......happy trade,

Lahore FM 09:22 GMT August 2, 2010
Trade Ideas

Sell Crude
Entry: 79.62 Target: Stop:

sold sept crude,stops at a later time.tentative at 80.40

Amsterdam Purk 09:10 GMT August 2, 2010
GBP/USD

Read his post before mocking or laughing at.

jerusalem kb 09:04 GMT August 2, 2010
buy stop on gbpusd

sl moved to 1.5710 and blocking 225pips+ , target moved to 1.5905

south africa strippoker 08:59 GMT August 2, 2010
GBP/USD

massive gain? how about the massive loss on your "all in" trade from 1.5707. LOL

sofia kaprikorn 08:36 GMT August 2, 2010
TRADING THE YIELD CURVE
Reply   

Hello - I posted a brief analysis on Trading the Equity Market based on the structure of the Treasuries' Yield Curve.

I would appreciate any views or comments on the analysis:


Trading the YIELD CURVE

tokyo rana 08:31 GMT August 2, 2010
GBP/USD

Tybee Beach ZEUS 08:28 GMT August 2, 2010
dear Zeus,yeah very possible..iwill join you later...happy trade,

Tybee Beach ZEUS 08:28 GMT August 2, 2010
GBP/USD

Pulled out all the stops and doubled the GBP/USD short position @ 1.5796 for massive gains.

Lahore FM 08:27 GMT August 2, 2010
Trade Ideas

agree Kal!

eurgbp still sliding though.i have long bias.

Hong Kong Qindex 08:19 GMT August 2, 2010
CHF/JPY : Current Comments
Reply   
CHF/JPY (83.10) : Weekly Cycle Analysis


The weekly cycle normal trading range is 81.92 - 84.49. A supporting barrier is expected at 81.27 // 81.38 and a resistant barrier is located at 84.22 // 84.35. The bias is neutral since the weekly cycle pivot centers are positioning at 81.27 - 81.56 - 84.22.

qindex.com

Saar KaL 07:58 GMT August 2, 2010
Trade Ideas

FM
TGT with me 1.3960
This week
======
Eurgbp i think that's it...
I am buying Big here
what do you think?
easily to .8630

tokyo rana 07:44 GMT August 2, 2010
chfjpy!
Reply   
Buy CHFJPY
Entry: 82.95 Target: 100pips Stop: 30pips

usdjpy longs closed...happy trade,

Lahore FM 07:43 GMT August 2, 2010
Trade Ideas

Buy EURCHF
Entry: 1.3549 Target: Stop: 1.3549 for 2/3rds

07/30/2010 12:51:58 FM Lahore 13

Buy EURCHF
Entry: 1.3549 Target: 350 pips Stop: 1.3460 tentative merely
bought.
--
closed 1/3rd at 1.3677 now.

tokyo ginko 07:29 GMT August 2, 2010
trade for today

close usd/cad 1.0247

Syd 06:48 GMT August 2, 2010
No JPY Intervention Unless Nikkei Slides -MUFG
Reply   
JPY strength a thorn in side of government, which struggling to keep economic recovery on track while trimming country's deficit; but don't expect any currency market intervention unless Nikkei breaks 8,000, says Mitsuru Sahara, senior FX dealer at Bank of Tokyo-Mitsubishi UFJ; benchmark index closed +0.4% Monday at 9570.31; hasn't been below 8,000 since March 2009. Tokyo would also find intervention difficult to justify as would fly in face of argument it, U.S. have made to China that governments should in principle not be involved in currency markets, Sahara says.

Syd 06:47 GMT August 2, 2010
German Min Urges Banks To Repay State Funding Quickly - Report
Reply   
German Economics Minister Rainer Bruederle is asking banks to step up efforts to repay state funds used to prop up banks during the financial crisis, the daily Handelsblatt reports Monday. Bruederle added there is hardly anything worse than government participation in banks. "This sort of thing must remain an absolute exception," he said. Germany's state-controlled Landesbanken will require state funds for several years longer, but rapid consolidation among these banks would be desirable, Bruederle added. This is the first time a German government official has set a deadline to repay the funds. The finance ministry has said there is little point to setting a deadline, since repayment depends on the situation of the individual finance institution.
www.handelsblatt.com

Hong Kong 06:35 GMT August 2, 2010
EUR/USD Intra-day signal by AceTrader
Reply   
EURUSD
Entry: Target: Stop:

INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/USD
EUR/USD: 1.3086

Late Update At 02 Aug 2010 06:11 GMT

As euro has continued to move higher, suggest-
ing pullback fm last week's high of 1.3107 has pos-
sibly ended at 1.2980 n a re-test of said res is
likely but break is needed to extend recent uptrend
to 1.3120/30 b4 correction due to loss of momentum.


Buy on dips with stop as indicated, below wud
prolong choppy trading n risk weakness to 1.3000.



Range Forecast
1.3060 / 1.3094


Resistance/Support
R: 1.3094/1.3107/1.3144
S: 1.3027/1.3001/1.2980

http://www.acetraderfx.com

Saar KaL 06:30 GMT August 2, 2010
USD This year
Reply   
IMO
USDJPY and USDCHF are at thier last few days / weeks of the fall
They are Longer term a buy
I think USDCHF will hit 1.20
short term Hold 1.0645 1.0330


USDJPY 100 within 9 months
and the trend is reversing

Hold 88.5337 85.5989


======================================
Not so for usdcad
seems that 1.07 is generally a crash point into parity again
short term Hold 1.0576 1.0132

Now I am Buying Eurjpy, EurCHF, EURGBP

Hong Kong Qindex 06:07 GMT August 2, 2010
CAD/JPY : Current Comments
Reply   
CAD/JPY (84.18) : Weekly Cycle Analysis


The weekly cycle normal trading range is 80.74 - 85.36. A supporting barrier is expected at 80.52 -80.56 and a resistant barrier is located at 85.27 - 85.36. The bias is on the upside since the weekly cycle pivot centers are positioning at 80.52 - 83.24 - 83.29


qindex.com

Syd 05:41 GMT August 2, 2010
Chinese State-Owned Firms Fueling Real Estate Boom
Reply   
The Anhui Salt Industry Corporation is a state-owned company that has 11,000 employees, access to government salt mines and a Communist Party boss.

A recent study published by the National Bureau of Economic Research in Cambridge, Mass., found that land prices in Beijing had jumped by about 750 percent since 2003, and that half of that gain came in the last two years. Housing prices have also skyrocketed, doubling in many cities over the last few years.All of this is happening to the chagrin of private developers that dominated China’s property market for more than a decade but are now feeling squeezed out of a game that favors developers with state-backed financing.

“It’s a little like a son who borrows money from his mother,” says Yang Shaofeng, head of the Conworld Real Estate Agency in Beijing.Beijing is now struggling to rein in credit without slowing the nation’s roaring economy. And regulators are trying to stop state banks from using clever maneuvers to secretly lend money to overly aggressive state-owned developers.
http://www.cnbc.com/id/38516617


tokyo rana 05:12 GMT August 2, 2010
jpy

Buy USDJPY
Entry: 86.525 Target: 100pips Stop: 20pips

happy trade,

tokyo rana 05:03 GMT August 2, 2010
jpy

audjpy long minus 21pip short minus 52pips in week 400pips minus...very bad pair...

Hong Kong Qindex 04:18 GMT August 2, 2010
AUD/JPY : Current Comments
Reply   
AUD/JPY (78.28) : Weekly Cycle Analysis


The weekly cycle normal trading range is 74.85 - 79.79. A supporting barrier is expected at 74.85 - 74.94 and a resistant barrier is located at 79.36 - 79.80. The bias is neutral since the weekly cycle pivot centers are positioning at 77.65 - 79.14 - 79.36.


qindex.com

Syd 04:08 GMT August 2, 2010
tax
Reply   
Pilbara expansion at risk, says Twiggy Forrest
FORTESCUE Metals Group chief Andrew "Twiggy'' Forrest has warned the planned mining tax could "derail'' his company's $17 billion Pilbara expansion. Mr Forrest said the new mineral resources rent tax would have a "very, very severe impact" on the Fortescue board's final decision to expand iron ore output from 55 million tonnes a year to 95 million.
"It could potentially derail a massive investment into the economy," he said.
GREENS leader Bob Brown has made his pitch to voters, this included the mining tax - the Greens want it higher. ...

Syd 03:51 GMT August 2, 2010
oz
Reply   
Brisbane Flip, yes if they get balance of power going to be a nightmare here in Australia !!

Senator Brown in April said the Greens wanted a 50 per cent mining tax, not 30 per cent under the Gillard government's planned mineral resources rent tax (MRRT). "Senator Brown appears severely misinformed about the benefits that he himself enjoys from the mining industry," Mr Forrest said

GVI Forex Blog 03:41 GMT August 2, 2010 Reply   
The US Equities were silent last week. Poor economic data releases on the downside and upbeat corporate numbers on the upside kept the markets neutral.

Morning Briefing : 02-Aug-2010 - 0338 GMT

Syd 02:39 GMT August 2, 2010
US has plan to attack Iran if needed
Reply   
The US military has a plan in place to attack Iran to prevent it from making nuclear weapons, American’s chief military officer admitted, though he remained “extremely concerned” about the repercussions of such a strike.

LINK

Hong Kong Qindex 02:34 GMT August 2, 2010
EUR/CAD : Current Comments
Reply   
EURCAD
Entry: Target: Stop:

EUR/CAD (1.3403) : Weekly Cycle Analysis


The weekly cycle normal trading range is 1.3149 - 1.3718. A supporting barrier is expected at 1.3149 - 1.3169 and a resistant barrier is located at 1.3595 // 1.3629. The bias is neutral since the weekly cycle pivot centers are positioning at 1.3352 - 1.3458 - 1.3460


qindex.com

Syd 02:32 GMT August 2, 2010
HSBC China July PMI 49.4 Versus June 50.4
Reply   
The HSBC China Manufacturing Purchasing Managers Index, a gauge of nationwide manufacturing activity, fell to 49.4 in July from 50.4 in June, HSBC Holdings PLC said Monday.

July was the fourth consecutive month in which the HSBC PMI fell from a month earlier, and the first month since March 2009 that the PMI reading was below 50, indicating manufacturing activity declined from a month earlier for the first time since China's economic recovery began. A reading above 50 indicates expansion.
The reading is likely to heighten market concerns over China's slowing growth in the second half of the year as Beijing's tightening measures slow manufacturing activity


New home sales continue slide
Housing industry figures show new home sales slipped another 5.1 per cent in June, following a decline in May.
The Housing Industry Association's survey of major residential builders shows a 6.6 per cent slump in the sale of newly built homes, partially offset by a 10.3 per cent rise in the smaller and more volatile multi-unit sector.
The HIA's chief economist Harley Dale says the fall adds further weight to the case for official interest rates to remain on hold at 4.5 per cent.
New home sales fell the most in Victoria (10 per cent), Wetsern Australia (5.2 per cent) and Queensland (5.1 per cent). aap

Hong Kong Qindex 01:53 GMT August 2, 2010
EUR/AUD : Current Comments
Reply   
EURAUD
Entry: Target: Stop:

EUR/AUD (1.4413) : Weekly Cycle Analysis


The weekly cycle normal trading range is 1.4132 - 1.4791. A supporting barrier is expected at 1.4261 // 1.4169 and a resistant barrier is located at 1.4743 // 1.4781. The bias neutral since the weekly cycle pivot centers are positioning at 1.4036 - 1.4269 - 1.4580.


qindex.com

Mtl JP 01:42 GMT August 2, 2010
some Asian headlines
Reply   
TOKYO (NQN)--Japan must escape from the lingering grip of deflation if it is to build up its economic and fiscal health, Prime Minister Naoto Kan said Monday at a lower house budget committee.
-
August 2, 2010 - PM Kan: BOJ Cooperating Significantly With GovernmentTOKYO (Dow Jones)--Japanese Prime Minister Naoto Kan indicated Monday he is content with the Bank of Japan's efforts to beat deflation, saying the central bank is closely cooperating with his administration.

"My understanding is that from a practical standpoint, (the central bank) is working with us in a significantly coordinated manner," Kan said during the session of the Lower House's Budget Committee.
--
TOKYO (Nikkei)--The Financial Services Agency will on Aug. 1 introduce a new rule capping the leverage for foreign exchange margin trades at 50 times the collateral, as part of efforts to protect investors.

Traders receive forex margin trading orders from customers at a Tokyo brokerage. The cap will be lowered to 25 times in August 2011.
---
July 31, 2010 - Japan's Population Falls For 1st Time In 3 YrsTOKYO (Kyodo)--Japan's population fell to 127,057,860 in the year to March 31, down for the first time in three years, largely because of an increase in the number of deaths amid the aging of the population, data released by the internal affairs ministry showed Saturday.
----
early Nikkei was UP +120.72 ( +1.27%) short while ago.

Syd 01:34 GMT August 2, 2010
Australia New Home Sales Fall 5.1% In June Vs May - HIA
Reply   
Australian new homes sales fell 5.1% in June from May, according to data provided Monday by the Housing Industry Association. Sales of detached new homes fell 10% in June from May in Victoria, 5.2% in Western Australia, 5.1% in Queensland, 4.2% in South Australia and 2.2% in New South Wales

PBOC Vice Gov Hu: Current CNY/USD Daily Trading Band Is Appropriate
MANUFACTURING in China - a linchpin in Australia's economic fortunes - grew at the slowest pace in 17 months during July.
It followed the Chinese Government clampdown on property speculation and investment in energy-intensive and polluting factories. The Purchasing Managers' Index fell to 51.2 from 52.1 in June, the Federation of Logistics and Purchasing said yesterday. Tao Dong, a Hong Kong-based economist at Credit Suisse AG, said it suggested "a quite aggressive inventory correction" as business confidence weakens. BLOOMBERG

tokyo rana 01:29 GMT August 2, 2010
jpy

Buy AUDJPY
Entry: 78.76 Target: 79.56 Stop: 20/25pips

happy trade,

Syd 01:23 GMT August 2, 2010
Greenspan: Home-price drop may spur new recession
Reply   
Aug. 1 (Bloomberg) -- Former Federal Reserve Chairman Alan Greenspan said the slowing economic recovery in the U.S. feels like a “quasi-recession” and the economy might contract again if home prices decline.
www.businessweek.com/news/2010-08-01/greenspan-says-home-price-drop-may-spur-new-recession.html

Syd 01:17 GMT August 2, 2010
Australia New Home Sales Fall 5.1% In June Vs May - HIA
Reply   
China Manufacturing Slowdown Negative for Market, Jun Ma SaysLINK

Hong Kong 00:56 GMT August 2, 2010
Daily Market Outlook by AceTrader-2-8-2010
Reply   
Market Review - 30/07/2010 22:11 GMT

Dollar falls to a fresh eight-month low against yen on concerns over U.S. economic growth

The greenback remained under heavy selling pressure versus the Japanese yen in Asian morning after Thursday's cross-inspired selloff to 86.57 and briefly penetrated 2010 low of 86.27 to 86.25 in Asian morning due to active buying of yen versus other currencies on risk aversion due to broad-based weakness in Asian stocks. Later, renewed selling at 86.56 in European morning capped intra-day recovery the pair resumed its downtrend and fell to a fresh 8-month low of 85.95 after the release of weaker-than-expected U.S. GDP, the data showed U.S. economic growth is slowing and reinforced expectations of continuation of low U.S. interest rates. However, dollar pared its losses after the release of U.S. Chicago PMI and rebounded to 86.73 before trading sideways.

U.S. economic growth slowed in Q2 as capital investment driven by business saw imports increasing at their fastest pace since the Q1 of 1984. U.S. GDP expanded at a 2.4% annual rate, versus the economists' forecast of 2.5% and the upward revision of the previous reading from 2.7% to 3.7%.

Business activity in U.S. Midwest grew more than expected in July as businesses boosted employment and orders. Chicago PMI in July rose from 59.1 to 62.3, compared to the estimate of 56.1.

The greenback was also pressured by early news when St. Louis Fed President Bullard said he is concerned on the risk that U.S. might fall into a Japanese-style deflation of falling prices and investment.

In other news, Japan Deputy Finance Minister Motohisa Ikeda said he is worried about the impact of a rising yen on the country's exports. Finance Minister Noda also voiced his concern and said he is watching the forex market closely.

The single currency went through a roller-coaster session on Friday, despite retreating from the previous session's 11-week high of 1.3107 initially at Asian opening, buying interest at 1.3046 lifted euro and price rebounded to an intra-day high of 1.3094 in European opening. However, failure to penetrate said previous day's high prompted investors to sell euro on profit-taking and the single currency tumbled to as low as 1.2980 in European mid-day. Later, euro staged a strong rebound on short-covering and rose back to 1.3071 in NY afternoon before stabilising.

The British pound traded narrowly in Asia and rose to a high of 1.5655 on buying by short-term speculators in European morning. Later, although sterling fell sharply in tandem with euro to an intra-day low of 1.5553, cable staged a strong rebound and later rallied to a fresh 5-month high of 1.5723 after triggering stops above 1.5670 in NY morning as stronger-than-expected U.S. PMI boosted appetite for risky assets, the eur/gbp cross pair fell sharply from 0.8379 to 0.8303.

Sterling was also supported by M&A-related demand, as news came out in Asian mid-day that French EDF has agreed to sell its U.K. electricity grids business to the Hong Kong billionaire Li Ka-shing's Cheung Kong Infrastructure of HK for 5.8 billion pounds.

Economic data to be released next week include:

Swiss Retail sales, PMI , Germany Manufacturing PMI, EU Manufacturing PMI, U.K. Halifax hse prices 3m, Halifax hse prices, Manufacturing PMI, U.S. ISM manufacturing, Construction spending (Canada market is closed for holiday) on Monday, Australia Retail sales, RBA rate decision, Swiss CPI, U.K. PMI construction, EU PPI, U.S. Personal consumption, Personal income, PCE core, PCE index, Pending home sales, Durable goods (rev.), ex. Defense (rev.), ex. Transport (rev.), Factory orders, U.S. Pending home sales on Tuesday, Australia House price index, Trade balance (aud), Germany Services PMI, EU Services PMI, U.K. BRC shop price index, N'wide Consumer Confi., Services PMI, EU Retail sales, U.S. ADP employment, U.S. ISM non-manufacturing on Wednesday, New Zealand Unemployment rate, Germany Industrial prod'n, U.K. BOE rate decision, BOE Asset Purchase Target , EU ECB rate decision, U.S. Jobless claims, Canada Building permits on Thursday, Australia Monetary Policy Statement, Japan Leading indicators, Swiss Unemployment rate, U.K. Industrial prod'n, Industrial prod'n, Manufacturing prod'n, PPI input, PPI output, PPI core, Germany Industrial prod'n, Canada Unemployment rate, Net Change in Employment, Ivey PMI , U.S. Avg. hourly earnings, Non-farm payrolls, Unemployment rate on Friday.

http://www.acetraderfx.com

Hong Kong 00:56 GMT August 2, 2010
Daily Market Outlook by AceTrader-2-8-2010
Reply   
Market Review - 30/07/2010 22:11 GMT

Dollar falls to a fresh eight-month low against yen on concerns over U.S. economic growth

The greenback remained under heavy selling pressure versus the Japanese yen in Asian morning after Thursday's cross-inspired selloff to 86.57 and briefly penetrated 2010 low of 86.27 to 86.25 in Asian morning due to active buying of yen versus other currencies on risk aversion due to broad-based weakness in Asian stocks. Later, renewed selling at 86.56 in European morning capped intra-day recovery the pair resumed its downtrend and fell to a fresh 8-month low of 85.95 after the release of weaker-than-expected U.S. GDP, the data showed U.S. economic growth is slowing and reinforced expectations of continuation of low U.S. interest rates. However, dollar pared its losses after the release of U.S. Chicago PMI and rebounded to 86.73 before trading sideways.

U.S. economic growth slowed in Q2 as capital investment driven by business saw imports increasing at their fastest pace since the Q1 of 1984. U.S. GDP expanded at a 2.4% annual rate, versus the economists' forecast of 2.5% and the upward revision of the previous reading from 2.7% to 3.7%.

Business activity in U.S. Midwest grew more than expected in July as businesses boosted employment and orders. Chicago PMI in July rose from 59.1 to 62.3, compared to the estimate of 56.1.

The greenback was also pressured by early news when St. Louis Fed President Bullard said he is concerned on the risk that U.S. might fall into a Japanese-style deflation of falling prices and investment.

In other news, Japan Deputy Finance Minister Motohisa Ikeda said he is worried about the impact of a rising yen on the country's exports. Finance Minister Noda also voiced his concern and said he is watching the forex market closely.

The single currency went through a roller-coaster session on Friday, despite retreating from the previous session's 11-week high of 1.3107 initially at Asian opening, buying interest at 1.3046 lifted euro and price rebounded to an intra-day high of 1.3094 in European opening. However, failure to penetrate said previous day's high prompted investors to sell euro on profit-taking and the single currency tumbled to as low as 1.2980 in European mid-day. Later, euro staged a strong rebound on short-covering and rose back to 1.3071 in NY afternoon before stabilising.

The British pound traded narrowly in Asia and rose to a high of 1.5655 on buying by short-term speculators in European morning. Later, although sterling fell sharply in tandem with euro to an intra-day low of 1.5553, cable staged a strong rebound and later rallied to a fresh 5-month high of 1.5723 after triggering stops above 1.5670 in NY morning as stronger-than-expected U.S. PMI boosted appetite for risky assets, the eur/gbp cross pair fell sharply from 0.8379 to 0.8303.

Sterling was also supported by M&A-related demand, as news came out in Asian mid-day that French EDF has agreed to sell its U.K. electricity grids business to the Hong Kong billionaire Li Ka-shing's Cheung Kong Infrastructure of HK for 5.8 billion pounds.

Economic data to be released next week include:

Swiss Retail sales, PMI , Germany Manufacturing PMI, EU Manufacturing PMI, U.K. Halifax hse prices 3m, Halifax hse prices, Manufacturing PMI, U.S. ISM manufacturing, Construction spending (Canada market is closed for holiday) on Monday, Australia Retail sales, RBA rate decision, Swiss CPI, U.K. PMI construction, EU PPI, U.S. Personal consumption, Personal income, PCE core, PCE index, Pending home sales, Durable goods (rev.), ex. Defense (rev.), ex. Transport (rev.), Factory orders, U.S. Pending home sales on Tuesday, Australia House price index, Trade balance (aud), Germany Services PMI, EU Services PMI, U.K. BRC shop price index, N'wide Consumer Confi., Services PMI, EU Retail sales, U.S. ADP employment, U.S. ISM non-manufacturing on Wednesday, New Zealand Unemployment rate, Germany Industrial prod'n, U.K. BOE rate decision, BOE Asset Purchase Target , EU ECB rate decision, U.S. Jobless claims, Canada Building permits on Thursday, Australia Monetary Policy Statement, Japan Leading indicators, Swiss Unemployment rate, U.K. Industrial prod'n, Industrial prod'n, Manufacturing prod'n, PPI input, PPI output, PPI core, Germany Industrial prod'n, Canada Unemployment rate, Net Change in Employment, Ivey PMI , U.S. Avg. hourly earnings, Non-farm payrolls, Unemployment rate on Friday.

http://www.acetraderfx.com

tokyo rana 00:44 GMT August 2, 2010
jpy

also audusd...

tokyo rana 00:42 GMT August 2, 2010
jpy

ithink today audjpy will reverse and also other jpy pairs...happy trade,

Lahore FM 00:39 GMT August 2, 2010
EUR/USD May Fall If HSBC China PMI Tracks CFLP PMI

Hills,the rug might get a tug soon.

Lahore FM 00:36 GMT August 2, 2010
Trade Ideas

Sell EURGBP
Entry: 0.8499 Target: Stop:

07/23/2010 13:18:07 FM Lahore 70

Sell EURGBP
Entry: Target: Stop:
07/21/2010 08:02:05 FM Lahore 22

Sell EURGBP
Entry: 0.8499 Target: Stop: 0.8499 for 2/3rds
07/19/2010 20:34:30 FM Lahore 13

Sell EURGBP
Entry: 0.8499 Target: 0.8000 Stop: 0.8560
sold.
--
1/3rd clsoed now 0.8410
--
2nd 1/3rd clsoed now 0.8343.
--
rest closed at 0.8317 now for 182+ in all

tokyo rana 00:34 GMT August 2, 2010
jpy

Sell AUDJPY
Entry: 79.56 Target: 1000 to 2000pips Stop: 79.80

happy trade,

Richmond Hills 00:34 GMT August 2, 2010
EUR/USD May Fall If HSBC China PMI Tracks CFLP PMI

China PMI is weaker, but all non USD up, weird

Syd 00:32 GMT August 2, 2010
Australian TD-MI Inflation Gauge Rises 0.1% In July; Rates On Hold
Reply   
An estimate of consumer price inflation in Australia rose 0.1% in July, a sharply moderated pace from previous months, according to a report by TD Securities and the Melbourne Institute issued Monday.

Lahore FM 00:31 GMT August 2, 2010
Trade Ideas

Buy EURAUD
Entry: 1.4382 Target: 1.5500 Stop: 1.4300

Lahore FM 22:58 GMT August 1, 2010
Trade Ideas: Reply
Sell AUDUSD
Entry: 0.9051 Target: 0.8140 Stop: 0.9090

sold for 0.8140
--
quickly butchered.went long euraud now

tokyo rana 00:26 GMT August 2, 2010
jpy

audjpy short stoped 53pips minus...

Syd 00:10 GMT August 2, 2010
OZ
Reply   
COULD AUSTRALIA HAVE A HUNG PARLIAMENT?
If the polls remain close, Australia could have a hung parliament for the first time since World War II. At least three independents are likely to be re-elected. They all come from rural electorates, and have promised to work together before deciding which side they would support to form a government. All want stronger policies for people in rural areas."The main concern for financial markets is an inconclusive election result like a hung parliament," said Craig James, chief economist at CommSec.

Syd 00:00 GMT August 2, 2010
EUR/USD May Fall If HSBC China PMI Tracks CFLP PMI
Reply   
EUR/USD may drop if HSBC China July PMI turns out to be weaker than previous result; such result likely as Sunday's official PMI logs weaker-than-previous results, says Brown Brothers Harriman senior dealer Nobuaki Kubo. Adds recent weak U.S. economic data pushing stocks down, a negative sign for risk appetite, therefore risk-sensitive EUR. Pair last 1.3055, may trade in 1.30-1.31 band for today. HSBC China PMI previously at 50.4 in June.

 




Actionable trading levels delivered LIVE to YOUR charts

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

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


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