Quito Valdez 23:51 GMT January 9, 2011
What I'm watching
Reply
Apart from economic data, am watching or noting the following: daily charts, range 15 months:
USD/CAD triangle/pennant: see my chart.
Cable is midrange, seems to be happy for the moment, both cncy's at peril from homeland economics.
EUR/CHF due for bounce if history repeats Aug, Oct '10 however it's been laying on support maybe too long.. since Dec22, explains why a lot of traders are long. Am watching this real closely.
EUR/AUD isn't seemingly stopping it's huge short and I don't think flooding will affect AUD.
EUR/GBP freefalling maintaining the rend short, 250 pips shorter and it's showtime..bust or bounce. The recent freefall might bounce now...watching this possibility.
EUR/JPY resting the last 8 months, doesn't want to penetrage much under 105?
GBP/CHF bounced now what? Trend is south on dailies. Econ not good in UK says friend in travel biz there.
CHF/JPY looks heavy although trend since May is north. Trend support is about 83.50 Both cncy's are strong...
GBP/JPY could long 250 pips to resistance line.
Lahore FM 23:14 GMT January 9, 2011
Trade Ideas
Buy GBPUSD
Entry: Target: Stop:
closed out of gbpusd longs for now.
Lahore FM 23:13 GMT January 9, 2011
Trade Ideas
Buy OTHER
Entry: 63.24 nzdjpy Target: 67.00 Stop: 62.20
long on nzdjpy here.
Cambridge Joe 23:09 GMT January 9, 2011
Crystal Balls !
immediate term... 5 out of 5..
I'm ok with that....
Now for the slightly longer game...
We'll see !
Quito Valdez 23:03 GMT January 9, 2011
platform's positions
Reply
Here are statistics for traders using my platform:
My platform's Long-Short statistics:
USD/JPY 78% long
USD/CAD 77% long
AUD/JPY 74% long
EUR/CHF 72% long
XAU/USD 70% long
GBP/JPY 68% long
USD/CHF 67% long
EUR/JPY 64% long
GBP/CHF 63% long
EUR/GBP 61% long
EUR/USD 59% long
NZD/USD 58% long
EUR/AUD 55% long
AUD/USD 52% long
GBP/USD 49% long
Where 3/4ths of them are positioned:
22% positions EUR/USD
10% positions USD/JPY
9% positions AUD/USD
7% positions USD/CAD
7% positions GBP/USD
6% positions USD/CHF
5% positions XAU/USD
5% positions XAG/USD
4% positions GBP/JPY
The rest are less than 4% of all positions
Syd 22:56 GMT January 9, 2011
Businesses going under in Gympie
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BUSINESSES have already gone under in the southeastern Queensland city of Gympie, where the Mary River is expected to rise beyond 20 metres. LINK
Cambridge Joe 22:34 GMT January 9, 2011
Crystal Balls !
Reply
KaL
you must laugh my friend !
Here's me..... making predictions on the forum.... HA! what a laugh.
Still,
I did a good call on Friday to short USDCAD, I took 31 pips but it went about 90.... not so bad for an old fool !! LOLOLO !
Joe
So far .... not too bad...
Cambridge Joe 21:26 GMT January 8, 2011
Crystal Balls..!: Reply
Just trying something here.
I have EURUSD as Lower in every time frame.
USDJPY + 25 in immediate and up generally.
GBPUSD down 40 then lower.
USDCHF up and up. IF it gets past 9710 it will sky.
USDCAD up 40 and up, perhaps for a few days.
AUSUSD down around 30 then substantial up, perhaps for 4 ...5 days.
IMHO.
General theme speaks of USD strong with the exception of AUS.
Syd 22:09 GMT January 9, 2011
Portugal is approaching the rescue
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Portugal is approaching the rescue
The Portuguese Prime Minister Socrates has dismissed speculation that his country would take the next Euro-rescue to complete. A delegation of the European Parliament will now make an impression in Lisbon.
LINK
NZ November trade balance NZD -186 million
Portugal under pressure to seek EU/IMF aid
BRUSSELS (Reuters) – Pressure is growing on Portugal from Germany, France and other euro zone countries to seek financial help from the EU and IMF to stop the bloc's debt crisis from spreading, a senior euro zone source said on Sunday.
LINK
AUD/USD is being weighed on by a number of issues heading into the new week, led by worries over Europe's ongoing debt crisis, say ANZ strategists. "Concerns about peripheral euro zone members may see AUD weaken in sympathy with a softer EUR. The market also remains concerned about the impact of the Queensland floods, while reports that China is proposing to implement property taxes in selected larger cities may also weigh,"
Syd 21:29 GMT January 9, 2011
It's time to establish medium-term bearish positions in AUD/USD BNP Paribas strategists
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It's time to establish medium-term bearish positions in AUD/USD, targeting 0.9420, say BNP Paribas strategists. BNP takes a negative view on signs of slowing domestic data and likelihood of further policy tightening in key Asian economies, which would hurt demand for commodities. "We believe that the liquidity-driven trade will be called into question as the U.S. recovery shows signs of acceleration, which will put equity and commodity markets under pressure." AUD/USD latest 0.9939.
Australian November retail sales due at 0030 GMT tops agenda for session ahead. Median consensus is for trade to have gained 0.3% on month, with shoppers' confidence dented by an RBA rate hike and big top-up moves by Australia's biggest banks. Any weaker sales figure would add to the argument that Australia's economy is much patchier than the headlines suggest, taking the RBA out of the equation for some time.
tokyo rana 21:22 GMT January 9, 2011
GBP/CHF
soon iwill establish long long term longs gbpchf start from 1.4/1.3 if seen.......gbpjpy from below116........happy day
tokyo rana 21:19 GMT January 9, 2011
GBP/CHF
if gbpjpy go below 118 ithink it will be very bullish im expecting gbp and jpy no1 currincies this year.....reason is fundamental.....happy day,
tokyo rana 21:16 GMT January 9, 2011
GBP/CHF
Israel dil 21:10 maybe ur again misstaken my post again i mean gbpchf cud rise to 1.57 before drop.....but u can short here also 1.50 with 75/150pips stop.....u can look important levels on charts over all gbp is short but in very long term gbp is very bullish so u can establish very long term long between 1.3/1.45....ithink 1.50 is good entry short term....happy day,
to dr unken katt 21:16 GMT January 9, 2011
,,
Reply
wanna see if this monthly support worx
Israel dil 21:10 GMT January 9, 2011
GBP/CHF
Rana, 1.5075 as reverse from the shorts may cover the whole loss fast (if happens). 1.5075 taken then 1.52 fast as lightning. 700 pips (almost 5%) stoploss with forex, is something I really cannot understand. anyway, I hope you are above 18 y/o and legally responsible for that trading style :-)
Tokyo Rana 21:04 GMT January 9, 2011
Trade Ideas
Sell USDJPY
Entry: 83.30 Target: open Stop: later
ithink this pair will fall between 50/72 longer term...............happy day
tokyo Rana 21:02 GMT January 9, 2011
Trade Ideas
in oct/nov 2010 if any one remember iwas kept saying short eurusd for 1.3333/1.27777 when it was around 1.37/1.428 range...iwas spoke dubai SAS wave structure in oct isaid eurusd will make new high go above 1.416 then it will fall everyone was jumping short eurusd so early most were long eurusd long for 1.55/1.65.....last year everyone on this forum was jumping in long usdjpy from 95/85 kept losing i was kept saying this is not bullish everyone was buying for 96/106 wat happen about usdjpy maybe remember belgrade TD UK JB and lebanon...........anyways do wat u see........happy day all,
Tokyo Rana 20:48 GMT January 9, 2011
GBP/CHF
Israel dil 20:45 isaid on friday gbpchf is short but stop above 1.57......happy day
Tokyo Rana 20:46 GMT January 9, 2011
Trade Ideas
keep in mind comodities demand increasing so donot expect to much usd$ strenth ithink....so gold will push usd$ lower....iwill short eurusd between 1.3777/1.4777 for 1.09 but this is longer term 6months/1year trade.....happy day
Israel dil 20:45 GMT January 9, 2011
GBP/CHF
Sell GBPCHF
Entry: Target: Stop:
closed (only) 1/2 at 1.5017
that's why: the strongest view with me for now is about banking stocks (globally) tanking seriously from the current levels (at least 3% the coming session, then I will look further). for my idea that's a reason to play CHF from the long side and USD and JPY versus some currencies too. please comment :-)
Tokyo Rana 20:41 GMT January 9, 2011
Trade Ideas
to dr unken katt 20:37 ithink eurusd went below 1.297 1st than 1.3785 so ithink its just very bullish case now careful short eurusd before 1.37777/1.477777 ......happy trade,
jerusalem kb 20:38 GMT January 9, 2011
silver
Sell OTHER
Entry: 28.10 Target: 26.55 Stop: 29.30
it is highly possible if silver breaks 28.29 it may go to 26.55.
if one of the 2 orders trigger i will cancel the other.
Tokyo Rana 20:38 GMT January 9, 2011
Trade Ideas
my stops below 1.258 and usdjpy 85.35 above audusd 0.985 or maybe 0.94 than add on drop............
to dr unken katt 20:37 GMT January 9, 2011
Trade Ideas
they say euro below 2920 will fall
Tokyo Rana 20:36 GMT January 9, 2011
Trade Ideas
to dr unken katt 20:28 last week iwas only long usd$ this week im only short $..............happpy day
jerusalem kb 20:32 GMT January 9, 2011
silver
Reply
Sell OTHER
Entry: 29.20 Target: 28.30-26.55 Stop: 29.75
will place a sell order at 29.20 hope it goes there or i will find a support and short fr4om lower levles (may be)
to dr unken katt 20:28 GMT January 9, 2011
Trade Ideas
when everyone says the same thing the market tends
to take different stand
look even the tokyo guy followin the contrarian s
Tokyo Rana 20:25 GMT January 9, 2011
audchf charts
im long eurusd target 1.33333/1.37777 and long audusd 1.018/1.03 short usdjpy short 82.3/80.3...............happy trade,
jerusalem kb 20:20 GMT January 9, 2011
audchf charts
Buy OTHER
Entry: 0.9655 Target: 0.9712-0.9805 Stop: 0.9600
will place abuy stop
tokyo rana 20:19 GMT January 9, 2011
audchf charts
Buy EURUSD
Entry: Target: Stop:
hello to everyone,ithink its best time to short usd$ again all majors for 300/800pips............like against euro aud nzd jpy gbp chf...........happy day
jerusalem kb 20:17 GMT January 9, 2011
audchf charts
OTHER
Entry: Target: Stop:
a ress. breakout on daily chart
jerusalem kb 20:15 GMT January 9, 2011
audchf charts
Reply
OTHER
Entry: Target: Stop:
a buy signal is formed above weekly trend line.
PAR 20:11 GMT January 9, 2011
Strong Us Consumers - Strong Us Economy
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Retail Sales Probably Rose for Sixth Month as Consumers Join U.S. Recovery
Retail sales probably climbed for a sixth month in December, a sign consumers are contributing more to the U.S. expansion even as the labor market struggles to accelerate, economists said before a report this week.
The projected 0.8 percent gain in purchases would match the previous month’s increase, according to the median of 58 estimates in a Bloomberg News survey ahead of Commerce Department figures Jan. 14. Other reports may show industrial production advanced, while inflation remained muted.
Generating stronger demand at retailers such as Gap Inc. and Target Corp. may require bigger job gains. An unemployment rate that’s exceeded 9 percent for 20 straight months remains a concern of Federal Reserve Chairman Ben S. Bernanke and his fellow policy makers.
London SMS 20:06 GMT January 9, 2011
Trade Ideas
And Imho i respectfully disagree with your view on EurDlr. I think it'll tank south and keep on going. Everyone's been talking of a bounce since November and whilst the EurDlr has been range trading since then I think the long awaited breakout will be down not up.
London SMS 20:03 GMT January 9, 2011
Dow to hit 12,000
Thanks dr but not looking too healthy from what I can see. Expect sterling to gain some before a major run down across the board. Quite a few figs out on retail sales which I expect to be poor.
to dr unken katt 20:01 GMT January 9, 2011
Dow to hit 12,000
g/swiss looks like very healthy short , but i dont hav this pair
London SMS 19:50 GMT January 9, 2011
Dow to hit 12,000
Reply
Starting the week long Dlr/Yen @ 83 and short GBP/Chf @ 1.50
Expect to see the Dow reach for 12,000 so may long it first thing. Would like to see cable touch 1.57 so I can sell it. Will try not to blow my profits on gold again. Good luck to all and gt.
GVI Forex Blog 19:44 GMT January 9, 2011
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AUD/USD and NZD/USD outlook next 24 hours: AUD's downtrend since 1 Jan remains intact, support and resistance on the day at 0.9900 and 1.0000. NZD should eventually break below minor support at 0.7550, but Friday's key reversal suggests upside today.
Forex - Morning Report (Westpac)
to dr unken katt 19:36 GMT January 9, 2011
Trade Ideas
i think it ll start retracin some of the losses , euro has lost 450pips last week
GVI Forex john 19:27 GMT January 9, 2011
GVI Forex Trading Support
GVI CHART POINTS
Entry: Target: Stop:
Trading Resources...
Lahore FM 19:19 GMT January 9, 2011
Trade Ideas
week is starting with eurusd slipping under 1.2900.this pust usd on better footing in general against most currencies.
usdjpy and eurusd apparently where strong usd will be visibly showing strength.
gbpusd audusd and nzdusd can later fall too
to dr unken katt 19:13 GMT January 9, 2011
.
there s a old monthly support on this level , wonder if it works
Mtl JP 19:07 GMT January 9, 2011
.
alternately US govt could shut partially down; i.e. send some of its "workers" home.
without pay.
and see if anyone notices.
to dr unken katt 18:52 GMT January 9, 2011
.
Reply
International Monetary Fund First Deputy Managing Director John Lipsky said U.S. government finances will present policy makers with a “major challenge” for years.
“The challenges facing U.S. public finances shouldn’t be underestimated,” Lipsky said during a conference panel discussion today on the U.S. role in the world economy. There is a “brief window of opportunity” for fiscal-policy adjustments, and “the U.S. needs to make the most of this window of opportunity.”
Treasury Secretary Timothy F. Geithner this week said lawmakers must raise the $14.29 trillion federal borrowing limit in the first quarter of 2011 or risk a default on U.S. debt. The U.S. had a $1.3 trillion budget deficit in fiscal year 2010, which ended Sept. 30. President Barack Obama’s debt-reduction panel failed last month to agree on recommendations for ways to reduce the annual deficit to about $400 billion in 2015.
GVI Forex Blog 12:16 GMT January 9, 2011
Reply
This is one the rare times (in recent history anyhow) where the fx market seemed to lead rather than be led as it looked ahead. It was as if the fx market price action was a precursor to growing EZ peripheral debt concerns.
Tech Talk - EUR/USD Breakout
GVI Forex Blog 11:16 GMT January 9, 2011
Reply
It is time once again to throw caution and wisdom to the wind and actually make my 11th annual forecast. I have to admit this is the most stressful letter I write each year. I do at least 5-10 times more research and thinking about this issue than any other. On a positive note, this may be one of the more optimistic forecast letters I have done in a long time.
Forecast 2011: Better than Muddle Through (Mauldin)
Hong Kong Qindex 09:56 GMT January 9, 2011
USD/JPY : Critical Point 84.38
Reply
USDJPY
Entry: Target: Stop:
USD/JPY : Critical Point 84.38
Last week the market hit the low and high at 80.99 and 83.67 respectively and it closed at 83.03. The distribution profile of the monthly cycle charts indicates that 84.38 is a critical point. The monthly cycle congested area suggests that the market has a tendency to trade within 80.24 and 86.09.
USD/JPY : Monthly Cycle Charts
http://www.qindex.com/yen.html
Hong Kong Qindex 09:49 GMT January 9, 2011
GBP/USD : Critical Point 1.5566
Reply
GBPUSD
Entry: Target: Stop:
GBP/USD : Critical Point 1.5566
Last week the market hit the low and high at 1.5410 and 1.5645 respectively and it closed at 1.5556. The monthly cycle directional indicator suggests that the market is under pressure when it is below 1.5315. The pattern of the monthly cycle charts suggest that the market has a tendency to trade within 1.4859 - 1.5566.
GBP/USD : Monthly Cycle Charts
http://www.qindex.com/gbp.html
Hong Kong Qindex 09:40 GMT January 9, 2011
GBP/JPY : Critical Point 128.27
Reply
GBPJPY
Entry: Target: Stop:
GBP/JPY : Critical Point 128.27
As shown in the monthly cycle charts a critical point is positioning at 128.27. The market is positive when it is able to trade above the monthly cycle pivot center at 132.12. Last week the market hit the low and high at 125.79 and 129.43 and it closed at 129.12.
GBP/JPY : Monthly Cycle charts
http://www.qindex.com/gbp-yen.html
Hong Kong Qindex 09:27 GMT January 9, 2011
EUR/USD : Critical Point 1.2860
Reply
EURUSD
Entry: Target: Stop:
EUR/USD : Critical Point 1.2860
The market is under pressure when it is below the monthly cycle pivot center at 1.2860. The monthly cycle directional indicator suggests that speculative selling pressure will increase when the downward trending momentum is strong enough to penetrate through 1.2711.
EUR/USD : Monthly Cycle Charts
http://www.qindex.com/euro.html
Hong Kong Qindex 09:15 GMT January 9, 2011
EUR/JPY : Critical Point 105.13
Reply
EURJPY
Entry: Target: Stop:
EUR/JPY : Critical Point 105.13
Last week the market hit the low and high at 106.96 and 110.24 respectively and it closed at 107.29. The monthly cycle charts indicate that 105.13 is a critical point. The current expected trading range is 105.13 and 108.40 which is a monthly cycle pivot center.
EUR/JPY : Monthly Cycle Charts
http://www.qindex.com/eur-yen.html
Hong Kong Qindex 09:06 GMT January 9, 2011
EUR/GBP : Critical Point 0.8387
Reply
EURGBP
Entry: Target: Stop:
EUR/GBP : Critical Point 0.8387
The monthly cycle congested area indicates that the market has a tendency to trade within 0.8001 and 0.8667. A critical point is positioning at 0.8387 as shown in the monthly cycle charts. Last week the market hit the low and high at 0.8302 and 0.8647 respectively and it closed at 0.8306 in the last New York session.
EUR/GBP : Monthly Cycle Charts
http://www.qindex.com/eur-gbp.html
Hong Kong Qindex 08:20 GMT January 9, 2011
EUR/AUD : Critical Point 1.2844
Reply
EURAUD
Entry: Target: Stop:
EUR/AUD : Critical Point 1.2844
As shown in the monthly cycle directional indicator the market is under pressure when it is below the weekly cycle pivot center at 1.2844. Last week the market hit the low and high at 1.2940 and 1.3322 respectively and it closed at 1.2971. The monthly cycle projected series indicates that the market is heading towards the lower barrier at 1.2618 // 1.2715.
EUR/AUD : Monthly Cycle Charts
http://www.qindex.com/eur-aud.html
van Gecko 08:02 GMT January 9, 2011
EURUSD~>1.26~>1.18->1
Hello Oil man & viktor.. GBP still at good SOB levels for another 1000+ pips M/T payday.. EURGBP pause & bounce infront of .82 while cousin Euro continue to feed on bottom pickers could pressure her majesty to start showcasing those Olympic size summersaults.. :)
all the best..
Hong Kong Qindex 07:57 GMT January 9, 2011
AUD/USD : Critical Point 0.9951
Reply
AUDUSD
Entry: Target: Stop:
AUD/USD : Critical Point 0.9951
As shown in the monthly cycle directional indicator the market is under pressure when it is below the weekly cycle pivot center at 0.9951. Last week the market hit a low and a high at 0.9909 and 1.0223 and it closed at 0.9964 in the last New York session.
AUD/USD : Monthly Cycle Charts
http://www.qindex.com/aud.html
Hong Kong Qindex 07:14 GMT January 9, 2011
AUD/JPY : Critical Point 84.07
Reply
AUDJPY
Entry: Target: Stop:
AUD/JPY : Critical Point 84.07
The market is positive when it is able to trade above monthly cycle pivot center at 84.07. In last week the market hit a low and a high at 81.93 and 83.35 respectively and it closed at 83.03 in the last New York session. The weekly cycle pivot centers are located at 82.61 - 83.54 - 86.05.
AUD/JPY : Monthly Cycle Charts
http://www.qindex.com/aud-yen.html
Hong Kong Qindex 06:59 GMT January 9, 2011
GBP/AUD : Critical Point 1.5806
Reply
GBP/AUD : Critical Point 1.5806
As shown in the monthly cycle charts a critical point is positioning at 1.5806. Last week the market hit a low and high at 1.5120 and 1.5664 respectively and it closed at 1.5612 in the New York session.
GBP/AUD : Monthly Cycle Charts
http://www.qindex.com/gbp-aud.html
Syd 06:35 GMT January 9, 2011
'Dramatic' Rain Warning For Flood-Soaked Australia
Reply
SYDNEY, Jan 9, 2011 (AFP) - - Heavy rains falling on Australia's flooded north-east could have a "dramatic" impact, officials warned Sunday, stretching already swollen rivers and creeks to their limit.
Queensland police commissioner Alistair Dawson said severe weather lashing the already sodden northeastern state could bring flash flooding to currently dry areas with little warning.
"Waters will rise quickly, you may not be aware of that rise," Dawson told reporters. "Those places which have gone under before, especially on the road system, could well flood again within an hour."
http://au.news.yahoo.com/thewest/a/-/world/8616565/dramatic-rain-warning-for-flood-soaked-australia/
Hong Kong Qindex 04:53 GMT January 9, 2011
USD/CAD : Critical Point 0.9825
Reply
USDCAD
Entry: Target: Stop:
USD/CAD : Critical Point 0.9825
The monthly cycle projected series indicates that the market is going to challenge the supporting strength of the lower barrier at 0.9749 // 0.9838. Speculative selling pressure will increase when the market is below the weekly cycle pivot center at 0.9826. Last week the market hit the low and high at 0.9887 and 0.9979 respectively and it closed at 0.9910 in the New York session.
USD/CAD : Monthly Cycle Charts
http://www.qindex.com/cad.html
Hong Kong Qindex 04:36 GMT January 9, 2011
CAD/JPY : Critical Point 85.15
Reply
CAD/JPY : Critical Point 85.15
Last week the market hit the low and high at 81.20 and 84.35 respectively and it closed at 83.78. The session for "Long Term References for Position Traders" indicates that the market is heading towards 85.15.
CAD/JPY : Monthly Cycle Charts
http://www.qindex.com/cad-yen.html
Hong Kong Qindex 04:21 GMT January 9, 2011
EUR/CAD : Critical Point 1.2420
Reply
EURCAD
Entry: Target: Stop:
EUR/CAD : Critical Point 1.2420
Last week the market hit the low and high at 1.2792 and 1.3350 respectively. EUR/CAD closed at 1.2808. As shown in the session for position traders the "Monthly Cycle Reference / Normal Lower Limits" indicates that the market is heading towards 1.2420.
EUR/CAD : Monthly Cycle Charts
http://www.qindex.com/eur-cad.html
Hong Kong Qindex 04:05 GMT January 9, 2011
AUD/CAD : Critical Point 0.9941
Reply
AUD/CAD : Critical Point 0.9941
Last week the market hit the low and the high at 0.9825 and 1.0204 respectively. AUD/CAD closed at 0.9874. As shown in the monthly cycle charts a critical point is positioning at 0.9941.
AUD/CAD : Monthly Cycle Charts
http://www.qindex.com/aud-cad.html
Hong Kong Qindex 03:53 GMT January 9, 2011
GBP/CAD : Critical Point 1.5645
Reply
GBP/CAD : Critical Point 1.5645
The weekly cycle pivot centers are located at 1.5534 - 1.5560 - 1.5645. The odds are in favor of maintaining a short position when the market is below 1.5534. On the other hand speculative buying interest will increase when the market is trading above 1.5645. Last week the market hit the low and high at 1.5287 and 1.5639 respectively. GBP/CAD closed at 1.5416.
GBP/CAD : Monthly Cycle Charts
http://www.qindex.com/gbp-cad.html
Syd 03:27 GMT January 9, 2011
Australia floods cause months of disruptions
Reply
Reuters) - Australia's flood-stricken coal industry may face months of disruptions as reports emerge of key rail and road links being washed away, while some infrastructure may take years to repair, authorities said on Friday.
http://www.reuters.com/article/idUSLNE70303W20110107
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