Agadir Anis 23:21 GMT January 21, 2011
end of month flows
Reply
Market is favoring eur and gbp. With end of month flows into eur and gbp pairs, expect eur and gbp to sustain rally. I wouldn't short eur and gbp at current level.
GVI Forex Blog 22:47 GMT January 21, 2011
Reply
The US Dollar fell across the board following a surge in global risk appetite. Solid corporate earnings by General Electric and a record high in a German confidence helped drag the safe-haven greenbac
Daily DXY Roundup: 1/21
Israel dil 21:39 GMT January 21, 2011
eurusd
ok Purk, i wish you good weekend. you know that drinking with someone cannot drink make show this forum as vegetarian. drink always with the one who knows to drink :-)
Hillegom Purk 21:33 GMT January 21, 2011
eurusd
Dil, the 13622 and 13612 thingy are closed. But keeping the 13595. I have an estimated low next week around 13399.
Estimated high should be somewhere around 137 and a few pips.
Basicly this action on Friday we have seen a million times. What was left on many mondays was a chop chop higher, so monday maybe already 137.
The plan was to scalp, but my guess is that 13595 and i trust 137 will be good shorts for a few days to keep for that 13399.
I will trade around, meaning that i will short some on rallies.
Of course nothing is sure, but well what is....
Have a nice weekend. that means all of you here. I realized just today that this forum needs all this. If not it would be a boring forum, one in a million. I do not like the abuse, but me thinks all here are in basic good guys, only paper is just that paper. Maybe beer drinking together would solve a lot eh?
Tally ho!
Ayr Kaddy 21:30 GMT January 21, 2011
Closing short
Reply
Sell EURUSD
Entry: Target: Stop:
Too scary to hold over the weekend :)
happy 2011 21:24 GMT January 21, 2011
infection
Reply
timING set ride the mob bellhousing!
GVI Forex john 21:18 GMT January 21, 2011
GVI Forex Trading Support
Global-View Chart Gallery updated. A wide selection of updated forex, interest rate and equity charts.
Global-View Market Tracker updated. Twice daily survey and technical studies of a broad range of related markets.
Israel dil 21:17 GMT January 21, 2011
eurusd
Purk, in case you don't get the few green pips now during the 30 minutes left, how you plan to act further?
Syd 21:15 GMT January 21, 2011
Lying Blair
Reply
CambridgeJoe ....
Tony Blair's evidence on the Iraq Inquiry
'I promise to tell the truth, the edited truth and nothing harmful to me about the truth...'
LINK
Cambridge Joe 21:09 GMT January 21, 2011
Liar..
Reply
Assh*le Tont Bliar just on the news.....
'Sorry for the dead in Iraq'...... makes me want to spit.
Israel dil 21:02 GMT January 21, 2011
eurusd
Purk, i was meaning to you, your trading style and kind personality are ok for me and so i like to know further about your trading.
Hillegom Purk 20:57 GMT January 21, 2011
eurusd
Oh sorry dil, you where not referring to me.... oops
Hillegom Purk 20:56 GMT January 21, 2011
eurusd
I was away from the screens, watching Jack Sparrow!
Israel dil 20:54 GMT January 21, 2011
eurusd
what a smile means with you? yes, it's a good idea or you cannot afford to leave the screens?
Hillegom Purk 20:53 GMT January 21, 2011
Short Euros
yes dil, and the 13622 will be closed shortly, together with the 13612. 13595 will stay open.
My calculated high was 13612, it was 13625ish, so getting better eh? Just luck.
GVI Forex john 20:52 GMT January 21, 2011
GVI Forex Trading Support
UPDATED. Global-View Free FX Database. High-Low-Close data for over a dozen currency pairs for well over a decade of data in Excel spreadsheet format.
to dr unken katt 20:42 GMT January 21, 2011
,,
Reply
possible scenario , tunnel and fibo 50%
arizona 20:38 GMT January 21, 2011
nearing US elections year
Benny and Timmy are acting on behalf of goverment but killing people over a spill of coffee is quite harsh punishment. so...
jerusalem kb 20:37 GMT January 21, 2011
eurusd
:-)
Israel dil 20:31 GMT January 21, 2011
eurusd
nice trade kb, maybe with meet a time in Israel. would like know you from closer range :-)
Israel dil 20:29 GMT January 21, 2011
Short Euros
Purk, are you still running the shorts?
jerusalem kb 20:26 GMT January 21, 2011
eurusd
hit final target with 90pips+
Mtl JP 20:26 GMT January 21, 2011
nearing US elections year
dc CB - the mobsters are from the old school of dockside justice. their type of operation is out , dated. It appears that they did not even know / realize they could be wiretapped.
the modern-way leverages politics, state power and lawyer obfuscation.
times have changed for a while now.
dc CB 20:14 GMT January 21, 2011
nearing US elections year
MP...One of the questions was: "how much money do you have on you"
you see, if you were flying, they'd run you thu a scanner and the $50grand you had tucked in that moneybelt .......
I contend all the searching is about stopping movement of cash. If you can't afford a private jet...of course.
on the other, yes I know it seems harsh, but when that Mob bust was all over the news yesterday, I couldn't help but wonder where are the WallStreet indictments....and not the little hedge fund guys for insider trading...they did that... Where are the ones for mortgage security Fraud.
dc CB 20:07 GMT January 21, 2011
nearing US elections year
back from the brink. the main focus today of the World's Biggest Hedge fund.
ps. O has gone total Corporate. with Daily as Chief of Staff and Immelt as Volker's replacement, there will be no further inquiry into wtf happened in 2008 and def no (god strike you dead for having the thought) indictments of any top dogs at Lehman, Bank America, Goldman, JPM, Morgan, Merrill. After all no one could have forseen, no one is responsible. parteeee on
Mtl JP 20:06 GMT January 21, 2011
nearing US elections year
CB... those are rather harsh words of association.
difference is you and I can still try to make profits off Ben, albeit not rsik-free.
-
sidenote and just fyi & fwiw: yesty I was coming back from the US into Canada at a land customs border crossing. I was struck that I was funneled to go through an exit control station LEAVING the US. One of the questions was: "how much money do you have on you"
smelled of former soviet union exit controls: crash barriers, gates, cameras and one gov't-issue costumed and armed guard on either side of the vehicule.
dc CB 19:51 GMT January 21, 2011
nearing US elections year
The Mob, The Bernank and The Underfunded SEC
Yesterday, in the biggest one day bust in US history, the Feds decided to get aggressive on crime and arrested 127 suspected mobsters. Included in the bust were reputed Colombo capo Anthony “Hootie” Russo, who is charged with the 1993 gangland killing of then-underboss Joseph Scopo during the crime family’s civil war. Also busted was Luigi “Baby Shacks” Manocchio, 83, suspected former boss in the New England mob. Members of all five New York crime families were arrested............................ Many of the arrests were for racketeering, extortion, loan-sharking, money laundering and gambling. Now these crimes sound a lot like what that other family based in Washington DC and headed by Benny “The Bernank” Bernanke and Timmy “TurboTax” Geithner have been getting away with for the past few years. Maybe we’ll see them named in the next indictment.
http://blog.themistrading.com/?p=1969
Syd 19:32 GMT January 21, 2011
Why is Ireland printing more euros – won’t it cause inflation?
Reply
It turns out the Irish Central Bank has been busily printing euros. How come this hasn’t lead to inflation or devaluation?
http://newswhip.ie/national-2/explainer-why-ireland-is-printing-more-euros-%E2%80%93-and-wont-it-devalue-the-currency
Kansas 19:15 GMT January 21, 2011
EURUSD
The USD is de facto the reserve currency due to the fact that the USA has the largest GDP of any country, and in fact the currency is in huge demand for daily global trade in the commodity markets, which are still universally transacted in US dollars. Many countries still peg their currency the the US (Think China) and in some countries only USD's are accepted on larger purchases. A default of 50% today (or over the weekend) would simply obliterate the global economy.
arizona 19:10 GMT January 21, 2011
EURUSD
in regards to "scary movie" from previous week here...lol
i think whoever will bailout Usa, their currency could probably be considered as a reserved one. but on other hand once us$ will fail as a reserved currency, any collection of debt settlement at 50% would be quite a good outcome. and what could be expected from a country which currency is not in demand anymore? not much...
Mtl JP 18:56 GMT January 21, 2011
EURUSD
it is the appearance - perception - that something, anything, is being done about the alleged euro problems.
-
one could, here on the margin, take short stab.
sl 17-27 pips above the round number
to dr unken katt 18:53 GMT January 21, 2011
EURUSD
all of a sudden the euro problems have disappeared?
GVI Forex Blog 18:52 GMT January 21, 2011
Reply
The euro has managed to hold on to and even extend last week’s strong gains. By mid-week, EUR-USD had actually risen over 1.35. Thus negative sentiment towards the euro has continued to fade, even though no substantial progress has been made in solving the problems in the peripheral countries.
FX Briefing - Euro strengthens on ECB inflation concerns
Caribbean! Rafe... 18:44 GMT January 21, 2011
EURUSD
I wish it was so but it's not..., there would be rumors flying around wildly about this and all us specs would be on board making bags of money of longing euros... lol
to dr unken katt 18:42 GMT January 21, 2011
EURUSD
most likely there s an agenda behind this upmove
1hr indicators still up
arizona 18:36 GMT January 21, 2011
EURUSD
looks like China is buying euro to bailout Spain...
to dr unken katt 18:23 GMT January 21, 2011
**SILVER ALERT**
Although euro's present breach of Wednesday's high of 1.3539 signals upmove fm 1.2860 has resumed and further gain to 1.3570/75 cannot be ruled out, as this move is losing upward momentum, strong gain above 1.3600 is unlikely and yield much-needed strong pullback later.
On the downside, only below 1.3450 would indicate a temporary top is in place instead and bring retracement to 1.3396/40 before prospect of a rebound
Cambridge Joe 17:56 GMT January 21, 2011
**SILVER ALERT**
Stubbs// Dear friend !
I saw you call to long silver, but I cannot access a chart for it with which to help me to my own decision.
None the less for that.... thanks for the 'heads-up' and I wish you continued good fortune !
A good week end to you and all forum members !
Joe
Rexburg Stubbs 17:48 GMT January 21, 2011
**SILVER ALERT**
to dr unken katt 17:44 GMT January 21, 2011
I'm to say hello dear friend. How are you?
I am not to impress anyone here. Obviously nobody wants that. They are looking to celebrate failure in any glimmer.
Silver is traded in troy ounces, not pounds. That would be King Copper that is traded in pounds.
Indeed, Please enjoy the weekend.
to dr unken katt 17:44 GMT January 21, 2011
**SILVER ALERT**
it d impress us more you replaced the word ounces with da pounds , can you do dat?
Caribbean! Rafe... 17:41 GMT January 21, 2011
EURUSD
Reply
I'm waiting for my euro short limit to kick in at 12608 but we might head to 13641 so tight sl, will cut at b/e if it goes against me too much.
Tried to pick a top earlier this week but it did not work out had to cut it at b/e.
Rexburg Stubbs 17:40 GMT January 21, 2011
**SILVER ALERT**
Appetite for destruction
Hillegom Purk 17:37 GMT January 21, 2011
Sell Eur
Home! started short 13595/ 2
trick or treat...
Belgrade TD 17:33 GMT January 21, 2011
Sell Eur
add another sell at 1.359 ... avg 1.3575 ...
Israel dil 17:27 GMT January 21, 2011
Spanish government to nationalize savings banks
Reply
when it happens, it will make the staff part of public servants sector. main part of bailout packages to other countries was to reduce the public sector workforce size.
then it's all fine or it's about a mistake bringing into light that we did not see yer the iceberg of Euroland internal wars.
Rexburg Stubbs 17:03 GMT January 21, 2011
**SILVER ALERT**
I'm to say that I think this is going to be the big alpha play.
to dr unken katt 17:03 GMT January 21, 2011
Sell Cable
shouldnt it be higher than the market price like 6030
Cambridge Joe 17:00 GMT January 21, 2011
Sell Cable
SMS// thanks for that.
I have a pending cab;le short @ 5979.
Have a good weelend.
London SMS 16:55 GMT January 21, 2011
Sell Cable
Reply
Sell GBPUSD
Entry: 1.60 Target: 1.50 Stop: 1.6050
Adding to short @ 1.5940 (pulled my order on €$ @ 1.3580) . Been watching this ding dong at 1.60 but just had to sell it again. Guess I'm doing so on fundamentals but the mkt seems to buying on the back of interest hopes which just are not going to happen for a good couple of months - if at all. But I could well be stopped easily in which case I'll come back in again higher.
dc CB 16:52 GMT January 21, 2011
What's the buzz?
Permanent Open Market Operations: The Fed purchased $8.36 bln of 2018-2020 maturities through Permanent Open Market Operations as dealers looked to put back $18.96 bln.
Monday's POMO will take place in 2016/2017 maturities with the Fed looking to buy $7-$9 bln worth.
also Auctions up next week. 2s,5's,7s...Tues, Wed, Thurs
(but then as ZeroHedge has shown, POMO will just be buying them back in the next round)
Dubai SAS 16:42 GMT January 21, 2011
Short Euros
dr - that's from earlier right ? think the euro shed around 20 pips initially after that data was released ... euro seems to be in a very different mood !
GVI Forex Blog 16:37 GMT January 21, 2011
Reply
With the eurozone crisis momentarily in remission and commodities still softer, the euro is gaining at the expense of the dollar.
TradeTheNews.com US Market Update
to dr unken katt 16:29 GMT January 21, 2011
Short Euros
DailyFXTeam: GERMAN IFO EXPECTATIONS (JAN) COMES IN AT 107.8 BEATING EXPECTATIONS OF 106.5
Amsterdam purk 16:23 GMT January 21, 2011
Short Euros
Both out at 13571. Waiting to reload, have to go in Amsterdam traffic. Hate it when i can not trade in the car, thingy gone...
jerusalem kb 16:22 GMT January 21, 2011
AUDNZD
out all with 60pips+
will see if we will have a daily close above middle bollinger band or not
to dr unken katt 16:22 GMT January 21, 2011
,,
Reply
euro capped under R2 daily for the time being
GVI Forex john 16:19 GMT January 21, 2011
GVI Forex Trading Support
CALENDAR
Entry: Target: Stop:
January 21 (global-view.com) UPCOMING DATA HIGHLIGHTS for Monday, January 24:
- Far East: Australia Quarterly PPI.
- Europe: EZ- flash Manufacturing and Service PMIs, New Industrial Orders.
- North America: No major data.
Updated: Trading Events Calendar
Paris ib 16:19 GMT January 21, 2011
What's the buzz?
Agreed. Short term rates are a whole nother story. Higher short term rates are net positive generally. Especially if they are tied in with growth, strong exports and low inflation (what's not to like?). Of course higher short term rates are not so positive for longer term interest rates so, again, the connection is there but it's just not a direct one. As the Euro crisis eases.... spreads between countries are likely to fall which means higher yields on Bunds and lower yields on peripherals. But it's the easing of the tension which is Euro positive not higher Bund yields.
jerusalem kb 16:18 GMT January 21, 2011
eurchf charts
out with 20pips looking to reload next week
jerusalem kb 16:18 GMT January 21, 2011
gbpcad
missed entry by 5 pips , canceled
jerusalem kb 16:18 GMT January 21, 2011
gbpcad
missed entry by 5 pips , cancled
GVI Forex john 16:14 GMT January 21, 2011
What's the buzz?
- good points.
- another weight on bunds is concern that "extraordinary ease" by the ECB will soon come to an end.
jerusalem kb 16:13 GMT January 21, 2011
eurusd
thanks SAS
GVI Forex john 16:11 GMT January 21, 2011
What's the buzz?
Not a spectacular chart but here is some recent history...
Paris ib 16:09 GMT January 21, 2011
What's the buzz?
Well then the only connection is that a strong economy, linked with improved growth outlook and good export performance, is seeing a sell off in Bunds (fair enough, bonds tend to perform less well during a growth period and Bunds had benefitted from a flight to quality during the euro crisis which now appears to be over, for now). The same positive economic outlook is seeing short covering and investor flows into Euros. Again fair enough. But there is no direct link per se between the two. Money is not coming back to Europe to buy long German bonds (unless the investor wants to hold to maturity and doesn't mind losing money on a mark to market basis in the meantime).
Rexburg Stubbs 16:09 GMT January 21, 2011
Stubbs
HK REVDAX 15:53 GMT January 21, 2011
I'm to say good job. Big gains in silver today.
Amsterdam purk 16:08 GMT January 21, 2011
Short Euros
Short e/u at 13588 2. 1/12 methode if it comes to that.
Adding 13612 4 , 13622 4 and last 13644 2 times.
plan: profit where i can, and out before 3 hours from now...
Dubai SAS 16:07 GMT January 21, 2011
eurusd
nice trade KB ! euro just a one way traffic
jerusalem kb 16:06 GMT January 21, 2011
eurusd
hit 1st target 50pips+
Singapore SGFXTrader 16:05 GMT January 21, 2011
Short Euros
Wah this week so bad sia, USD totally no strength. and Eur is like so 1-sided.
CMI sia. I raise my stop loss to 1.3650
GVI Forex john 16:04 GMT January 21, 2011
What's the buzz?
ib- Id appreciate your thoughts or those of anyone else.
My take is rising yields for "good" reasons should be positive for a currency. Rising yields for "bad" reasons, such as uncontrolled inflation, should be bad for a currency. Bund yields appear to be rising for "good" reasons and thus the EUR is gaining.
Dubai SAS 16:01 GMT January 21, 2011
Short Euros
stop for the short from 1.3560 placed at 1.3640
Paris ib 15:58 GMT January 21, 2011
What's the buzz?
So what would be the connection? Bunds are getting sold, so yields rise... that's why the yields rise on selling pressure. Or is the assumption that capital is attracted to the higher yield? You buy a bond while the yield is rising and you are losing money. You may as well just park your Euros in cash. Buying Euros to buy falling Bunds doesn't really make sense as an investment strategy.
Rexburg Stubbs 15:57 GMT January 21, 2011
Stubbs
I'm to say thank you to the markets.
Israel dil 15:56 GMT January 21, 2011
days low
Purk, well seen there. going above 1.36 before European close may bring weekly close above 1.3575. keep on with the good work Purk.
HK REVDAX 15:53 GMT January 21, 2011
Stubbs
Stubbs//Gold and silver may start moving up in 10 min time, right after mid-night (Hong Kong time)....imo
nyc bankall 15:52 GMT January 21, 2011
eur/$
Reply
Next in line should be 1.3628, 1.3642 and possibly 1.3680
GVI Forex john 15:50 GMT January 21, 2011
What's the buzz?
- Long term (10-yr) EZ yields (German bund) yields have been rising all week. Perhaps they have been fueling the EUR rise.
- EUR is up against almost every major currency from the Thursday close (except CHF).
- More strong German data today (Ifo Survey) continues to fuel expectations for strong 2011 growth in CORE-EZ). The periphery remains a worry.
- Today is more a EUR market than a USD one.
- U.K. saw VERY weak December retail sales data earlier today, however the GBP has since rebounded.
- Markets are setting up for another round of PBOC tightening very soon in the next couple of weeks. This could hurt the currencies of the commodity exporters.
HK Kevin 15:50 GMT January 21, 2011
EUR/USD
HK REVDAX 15:41 GMT, my dear it's your own money. Good trade.
HK REVDAX 15:41 GMT January 21, 2011
EUR/USD
Kevin//I move my stop to break even and somehow want to stick around longer, as I do expect a rebound in gold the way the Stubbs expects a bounce in silver.
Mtl JP 15:39 GMT January 21, 2011
GVI Forex Trading Support
john 15:06 - when countries' economies become increasingly subject to political economics and inflation (both price and money supply) become increasingly a function of country monetary policies unconventional wierd market dynamics can occur, like and for example the Swiss discriminated against foreigners running into holding the CHF by offering them negative rate.
Similarly, although not discriminating against foreigners Japan is on record for negative rates too.
In the US it has not happened yet, but now that Janet "If it were possible to take interest rates into negative territory I would be voting for that" Yellen is in position to vote for that.
No telling what that migh do to say eurdlr, but Gold could rocket.
On the other hand, higher than current US interest rates - say double or more - is what is actually needed to lower housing prices and make more of them available to more people by bringing their price to lower levels. Trouble with that is that the political economists do not see it that way.
Rexburg Stubbs 15:37 GMT January 21, 2011
Stubbs
nyc fh2nyc 15:34 GMT January 21, 2011
I'm to say hello friend. Yes long to an extreme degree.
Maybe it goes up or maybe down. Markets are markets.
It looks like a sneaky bid is out there working the pits. We know who that would be. It looks hot and ready to move.
Paris ib 15:37 GMT January 21, 2011
EURUSD
What's BS? The possibility that we see an outside month up in the EUR/USD (and it wouldn't take much from here) or the idea that these technical indicators mean anything?
nyc fh2nyc 15:34 GMT January 21, 2011
Stubbs
Are you still long silver? TIA
HK Kevin 15:33 GMT January 21, 2011
EUR/USD
HK REVDAX 15:17 GMT , USD/CAD looks frozen at the current level. Why stay in the Fri night market for risk?
Rexburg Stubbs 15:33 GMT January 21, 2011
Stubbs
I'm to say that it pays to stay focused.
Israel dil 15:32 GMT January 21, 2011
,,
GBP/CHF
15410/20 = 76.4% of 14400-15735 move
Israel dil 15:30 GMT January 21, 2011
,,
15410/20 = 76.4% of 14400-15735 move
to dr unken katt 15:30 GMT January 21, 2011
EURUSD
thats BS , squzeeout continues , gold is lloosin ground but euro is up
Paris ib 15:26 GMT January 21, 2011
EURUSD
Looking at the charts there is a chance we see a outside month up in the EUR/USD - depending on the close next week. I have never seen anything like that before. A outside day up is a positive signal, and outside week up is a very strong signal. An outside months up.... well I've just never seen that before, so I don't know. What does it mean? A ballistic EUR/USD??? Possible, impossible (that said we need confirmation next week but a close on the high would mean exactly that).
Caribbean! Rafe... 15:26 GMT January 21, 2011
EURUSD
Israel dil 15:22 GMT January 21, 2011
thanks mate.
Any other guys here with a view on what the top most figure can be for the rest of this month?
to dr unken katt 15:24 GMT January 21, 2011
,,
Reply
fohget about euro
g/swissy 8hr short signal
Israel dil 15:22 GMT January 21, 2011
EURUSD
Rafe, bullish monthly candles (as the current one), the month's high takes place during the last trading week of the month, that's the case of next week.
HK REVDAX 15:17 GMT January 21, 2011
EUR/USD
Kevin//What is ur view on $/CAD? I am still holding the shorts from last night. tks
Amsterdam purk 15:15 GMT January 21, 2011
days low
Yawn scenario fully in progress now. We might see glimps of 13612, ish...
Caribbean! Rafe... 15:14 GMT January 21, 2011
EURUSD
13608 should hold for the rest of the month if it is indeed the top, we have 5 more trading days to confirm this level.
Paris ib 15:11 GMT January 21, 2011
GVI Forex Trading Support
Short term or long term? We talking bond yields here or official cash rates? Interest rates are a funny thing. You have the case of high yield meaning high risk, high inflation, deteroriating trade performance and a falling currency, or high yield attracting capital flows... and a rising currency. Given the size of international capital flows these days positive interest rate differentials tend to be positive for a currency, but that can turn on a dime when the capital flows start to go into reverse. Interest rate differentials bare watching as long as you don't assume there is a hard and fast rule about how they impact currency performance, because there isn't. Just ask the Japanese.
Caribbean! Rafe... 15:10 GMT January 21, 2011
EURUSD
Reply
EURUSD : - I'm trying to pick a short term top for a correction I personally think that we should top out at 13608 top for a down move.
Model has changed direction from short consolidation phase to a up-trending phase with a 14020 target. But like I said I wanna catch the small top in practice to catching the bigger areas on the longer term charts.
We did print 13566 which was exact to the model point but it did not hold so now 13608 is next hopefully it will be rejected also and I get my rewards.
Cambridge Joe 15:09 GMT January 21, 2011
USDJPY
Wooohooo...!
Ahm eatin FOOOD tonite !
GVI Forex john 15:06 GMT January 21, 2011
GVI Forex Trading Support
I think this is something we all may have to start to follow (relative interest rates)...
Last chg ytd
US-10Y 3.467 3 18
EZ-10y 3.190 3 23
GB-10Y 3.714 3 31
JP-10y 1.215 -1 8
CH-10y 1.899 -1 16
Rexburg Stubbs 15:05 GMT January 21, 2011
Stubbs
GVI Forex Jay 15:00 GMT January 21, 2011
I'm to apologize friend. I have tried to explain what I saw happening today. Yes I have a long term macro view about eur falling down. That is not traded daily in the swings- sorry. It is a position.
I also trade for trades. I suppose it is worth stoning and whipping someone who has some trading ideas? BTW- I'm to say that the forum rules about attacking people is a joke. Tempers are short here and people seem eager to lance out and fight. I'm to keep the steady course of action and trade.
Singapore SGFXTrader 15:04 GMT January 21, 2011
Stubbs
Sell EURUSD
Entry: Target: Stop:
Jay
What is your take on the Eurusd?
Seems to be quite stubborn but i sense it has run out of stamina, too many people long eurusd.
Thanks in advance.
Btw, i replied your email. =)
nyc bankall 15:03 GMT January 21, 2011
Stubbs
GVI Forex Jay 15:00 GMT January 21, 2011
Case in point - well said!
Rexburg Stubbs 15:01 GMT January 21, 2011
stubbs/zeus/vegas jon
Chicago sc 14:57 GMT January 21, 2011
I'm to say thank you friend. I have asked repeatedly that we focus on the markets
GVI Forex Jay 15:00 GMT January 21, 2011
Stubbs
Reply
Stubbs, we like the FF to police itself and it has done a good joib today but it is time to step in. We have not had to do this in some time and we do not like to take sides but in this case, you spent the better part of the week talking down the euro and today you come in talking it up with no mention of your short trade. Then we hear you are hedged and bullish so how do you expect people to react?
Now for the FF. If you want to be welcome here then stop inciting and be part of the community. I can't say it any clearer.
Rexburg Stubbs 14:59 GMT January 21, 2011
stubbs/zeus/vegas jon
nyc bankall 14:54 GMT January 21, 2011
I'm to say that you can spoof, troll and switch handles weekly to attack others, but(t) the joke of the matter is what happened to your account....wipeout
HK Kevin 14:59 GMT January 21, 2011
EUR/USD
Reply
Looking at the candle chart patterm, we have several shooting star at the 4-hr chart, but the price keeps moving high. For today, sell near 1.3560 is OK with 50 pips. A daily close above 1.36, then the dlr is gone.
Chicago sc 14:57 GMT January 21, 2011
stubbs/zeus/vegas jon
This is such a bore and of no use to trading. Can we please move on?
Rexburg Stubbs 14:56 GMT January 21, 2011
stubbs/zeus/vegas jon
Caribbean! Rafe... 14:53 GMT January 21, 2011
I'm to say that I thought you were the authority after pulling out your who's who badge.
Rexburg Stubbs 14:54 GMT January 21, 2011
stubbs/zeus/vegas jon
Paris ib 14:50 GMT January 21, 2011
I'm to apologize friend. I never would want you or anyone to be thrown off from anything I say or do. While some can take big positions and sit, I have to trade around them in a separate account. That is why I am long today. The indicators suggested a break higher so that was the hedge to slightly more than offset the position short. This happens throughout the day at different times. I do the same for some physical commodity positions as well.
nyc bankall 14:54 GMT January 21, 2011
stubbs/zeus/vegas jon
Rexburg Stubbs 14:50 GMT January 21, 2011
You've become the butt of all jokes.
Caribbean! Rafe... 14:53 GMT January 21, 2011
stubbs/zeus/vegas jon
Rexburg Stubbs 14:50 GMT January 21, 2011
your someone with the authority to control individuals on this forum?
Rexburg Stubbs 14:50 GMT January 21, 2011
stubbs/zeus/vegas jon
Caribbean! Rafe... 14:49 GMT January 21, 2011
I'm to say that it was "put up OR shut up".
I put up so I guess that leaves you to....
Paris ib 14:50 GMT January 21, 2011
stubbs/zeus/vegas jon
I'm not blaming you, obviously my fault. It's a learning curve (in terms of what indicators to watch and what to ignore).... however your abrubt shift from Euro bear to Euro bull did startle me. It won't happen again.
Rexburg Stubbs 14:49 GMT January 21, 2011
Stubbs.
Caribbean! Rafe... 14:44 GMT January 21, 2011
I'm to say WTF are you talking about man? I am attacking nobody here. So, you are to suggest that a stuffy posture from the who's who list is authority to act like a troll wanker to others as they see fit? Please act more respectful of others Mr/Mrs who's who if the cyber world.
Caribbean! Rafe... 14:49 GMT January 21, 2011
stubbs/zeus/vegas jon
Rexburg Stubbs 14:46 GMT January 21, 2011
nobody asked you to be the grandmother of their trades or trading so by your put up or shut up statement, since you have already put up then you should also shut up.
tia
nyc bankall 14:49 GMT January 21, 2011
stubbs/zeus/vegas jon
Rexburg Stubbs 14:43 GMT January 21, 2011
You've been caught out, now give it up! You keep on using the word "troll" a practice you've used many years back since vegas jon. By any chance do you subscribe to the environMental movement?
Israel dil 14:47 GMT January 21, 2011
GBP/USD
Reply
anyone sees other level than 1.6090 to use as stop for the short term?
Rexburg Stubbs 14:46 GMT January 21, 2011
stubbs/zeus/vegas jon
Paris ib 14:42 GMT January 21, 2011
I'm to say that you cannot use your character attacks as a means of contra winning. You are off your game. I asked you and the others nicely to focus on the market.
Karma
Caribbean! Rafe... 14:44 GMT January 21, 2011
Stubbs.
Rexburg Stubbs 14:35 GMT January 21, 2011
I'll tell you something you I'm to say moron, you are new here so until you find out who is who sit on your hands or go walk your dogs in the jungle some place.
Rexburg Stubbs 14:43 GMT January 21, 2011
stubbs/zeus/vegas jon
nyc bankall 14:38 GMT January 21, 2011
I'm to say that you are troll extraordinaire. Funny you should say that about Zeus and 1.2777. When did you post this? The archives show you to have just recently switched spoof handles for more covert trolling.
Paris ib 14:42 GMT January 21, 2011
stubbs/zeus/vegas jon
So what's the consensus on this.... not even useful as a contra indicator, just hot air?? Albeit lots of hot air. Starting to look that way. And to think he/she put me off my game.
Cambridge Joe 14:41 GMT January 21, 2011
stubbs/zeus/vegas jon
I'm to say... come on chaps... if I had +10K open and floating I think I'd be pretty large about it too.
Lets talk trades... please.
nyc bankall 14:38 GMT January 21, 2011
stubbs/zeus/vegas jon
Rexburg Stubbs 14:31 GMT January 21, 2011
More delusions of grandeur!! You've been waiting for eur/$ to print 1.2777 since September 14, 2010. As I said ... one day we'll get there and then you can come back as zeus.
Rexburg Stubbs 14:35 GMT January 21, 2011
Stubbs.
Caribbean! Rafe... 14:24 GMT January 21, 2011
I'm to say that's right friend. I put up so I suppose that leaves the Stubbs hating, hide behind a new handle to attack trolls to do the same or STFU
Cambridge Joe 14:33 GMT January 21, 2011
USDJPY
usdjpy long . sl to entry.... @8257
Who knows ??
Maybe turn into a nothing job again...
Rexburg Stubbs 14:31 GMT January 21, 2011
stubbs/zeus/vegas jon
I'm to say that there are those who trade and then there are those who can't so they attempt to get under the skin of those who took down their account and left them in the 95% loser category, where they began and ended.
Paris ib 14:29 GMT January 21, 2011
stubbs/zeus/vegas jon
Whatever happened to that vienna person? Same person?
Rexburg Stubbs 14:27 GMT January 21, 2011
Stubbs.
I'm to say 'nuff said.
Singapore SGFXTrader 14:27 GMT January 21, 2011
Sell Eur
Sell EURUSD
Entry: Target: Stop:
Belgrade TD 14:10 GMT January 21, 2011
Sell Eur : Reply
Sell EURUSD
TD, i am already into shorts Eurusd and Audusd with 40 standard lots.
IMHO, Eurusd is very very stubborn. lol =p
Distribution in the process
nyc bankall 14:27 GMT January 21, 2011
stubbs/zeus/vegas jon
I'm to say troll is a word zeus likes to use a lot :)
But we all know that he's the real deal - a true troll.
Rexburg Stubbs 14:26 GMT January 21, 2011
Stubbs.
Let your trades do your talking, not your troll rants
Rexburg Stubbs 14:25 GMT January 21, 2011
Stubbs.
Keep it coming
Caribbean! Rafe... 14:24 GMT January 21, 2011
Stubbs.
Reply
Rexburg Stubbs 14:18 GMT January 21, 2011
Stubbs// You need to lead by example if you would like others to follow you in shutting up, so kindly do the needful.
Rexburg Stubbs 14:21 GMT January 21, 2011
days low
Don't listen to wanker trolls as they attack others.
Paris ib 14:20 GMT January 21, 2011
stubbs/zeus/vegas jon
If you could get sub 1.3500 I would buy. That's as far as I think you are going in terms of correction.... anything beyond that is a bonus.
Brooklyn Dies 14:19 GMT January 21, 2011
Its QE time!
Reply
Buy EURUSD
Entry: Target: Stop:
Long EUR/USD..............QE is in full effect my friends.
nyc bankall 14:18 GMT January 21, 2011
stubbs/zeus/vegas jon
Rexburg Stubbs 14:13 GMT January 21, 2011
Take my money?? Yeah dream on; you're still waiting for eur/$ to trade 1.2770. Don't worry we'll get there in time ... in the meantime breathe through a paper bag. it will prevent you from hyperventilating. How many farms have you lost!? LMAO!
Rexburg Stubbs 14:18 GMT January 21, 2011
days low
Don't listen to anyone who attacks others. Only focus on those who are trading and offering ideas. Character attacks are amusing but it is time to put up or STFU
Belgrade TD 14:16 GMT January 21, 2011
order placed
Reply
Buy usdx
Entry: 78,2 Target: ~80+ Stop: later
GLGT
Paris ib 14:14 GMT January 21, 2011
stubbs/zeus/vegas jon
Don't get me wrong, these kind of people can be very useful as a counter indicators. When they turn, I worry. You have to watch all the indicators and these kind of people are, in my opinion, indicators. I don't discount them. Or maybe they should just be ignored. I'm in two minds about that. Maybe it's time to sit it out and wait for better levels to buy. That's all I'm wondering. We have been through quite a lot these past two weeks. I'm not discounting a small correction.
Rexburg Stubbs 14:13 GMT January 21, 2011
stubbs/zeus/vegas jon
nyc bankall 14:09 GMT January 21, 2011
I'm to say- Who is this troll? Brand new spoof handle as seen in the archives.
Ok- you wail and gnash if that is your food then eat it. I'm too busy taking your money so say what you must.
Rexburg Stubbs 14:11 GMT January 21, 2011
days low
The eur is NOT the world's reserve currency- Don't believe the drivel posted by those who suggest that the USD is the ex-reserve currency.
All major commodities remain on the USD standard (with exception of eur for Iran- there you go big shot eur cheerleader)
China still pegged to USD.
Some speculate that all this will change.
That is nice. Let me know when it has.
Cambridge Joe 14:11 GMT January 21, 2011
stubbs/zeus/vegas jon
bankall// I'm not sure why that made us laugh so much...
LOLOLOL !
Belgrade TD 14:10 GMT January 21, 2011
Sell Eur
Reply
Sell EURUSD
Entry: 1,354 Target: later Stop: later
Start selling EUR/USD ... will add more on every 50pips rise ... standard 10lot ... will see ... GLGT
nyc bankall 14:09 GMT January 21, 2011
stubbs/zeus/vegas jon
Reply
Same person with a multiple personality disorder. Just don't fall for his delusional fantasies of wealth and power.
Cambridge Joe 14:09 GMT January 21, 2011
USDJPY
Reply
Cambridge Joe 20:58 GMT January 20, 2011
USDJPY: Reply
USDJPY looking short to me....
by the same token.... I don't see it staying down there..
Just a small long from 8257 tight stop
Rexburg Stubbs 14:08 GMT January 21, 2011
days low
I'm to say show me yours and I'll show you mine. This is not a food fight. Just time to put up or shut up.
Israel dil 14:07 GMT January 21, 2011
days low
ib, that was a real anti-Yankee comment :-)
Rexburg Stubbs 14:06 GMT January 21, 2011
days low
I'm to say that this is a trade. Doomed or boomed. It is the here and now, not the overall position.
No time for wankers here. Focus on the market please. We are nailing it as posted for all- even those who prefer to wallow and wail with gnashing teeth. See a psychiatrist or trade- your choice.
Paris ib 14:02 GMT January 21, 2011
days low
When the carpet baggers join the trend, I can't help it, I worry. It puts me off. I much prefer it when I log in to see the usual drivel about how the Euro is doomed. I find that reassuring. I know the trend is your friend. I still think the Euro goes higher in the longer term, I just wonder if now is the time to add. I do wish the usual crowd would go back to what they normally do, cheerleading and all that for the world's ex international reserve currency of choice. Someone who is always wrong is just as useful as someone who is always right. You know exactly where you stand. ;-)
Lahore FM 14:02 GMT January 21, 2011
-- Trade Ideas --
Buy USDCHF
Entry: 0.9595 Target: Stop:
added long with no rigid sl at 0.9540.
HK REVDAX 14:00 GMT January 21, 2011
days low
Stubbs//i think gold is ready for a rebound too.
Rexburg Stubbs 13:54 GMT January 21, 2011
days low
London GB 13:51 GMT January 21, 2011
I'm to say that you are terribly mistaken. Think about the strategy and what just happened. Good G#$ man. Get a life and focus on the market!
Rexburg Stubbs 13:53 GMT January 21, 2011
days low
I'm to say thank you Mr Market et al- (The Ben Bernank, The Goldman Sachs, The JP Morgue)
London GB 13:51 GMT January 21, 2011
days low
That sounds like a WFak not admitting to a loss reply but whatever works for you is okay. it is your equity.
This Friday has a risk appetite feel to it.
Rexburg Stubbs 13:50 GMT January 21, 2011
days low
I'm to say- Hold on tight...here we go!
Rexburg Stubbs 13:47 GMT January 21, 2011
days low
nyc s 13:43 GMT January 21, 2011
I'm to say hello dear friend. Stubbs is short in position acct but long in hedge acct to keep portfolio equity smooth. But that is to be adjusted regularly during sessions on the hedger acct.
nyc s 13:43 GMT January 21, 2011
days low
Stubbs are you still short eurusd?
Rexburg Stubbs 13:41 GMT January 21, 2011
days low
I'm to say fade the eur offers here.
DYOD: Maybe I can to be fully wrong just like everybody here regularly does
Rexburg Stubbs 13:38 GMT January 21, 2011
days low
I'm to say EUR to bang up higher with SILVER today.
Mtl JP 13:38 GMT January 21, 2011
What's the buzz?
and a decidedly underwhelming price-reaction
CanFinMin probably well justified to paternalize the spenders with his mortagage tightening rules.
Rexburg Stubbs 13:37 GMT January 21, 2011
days low
I'm to say thank you Mr Purk for the terrific analysis.
Perhaps it is to be yet a yawn of a Friday with a negative USD surprise after showing just a minor + in last few mins because SILVER is about to do the rally thingy.
HI HO SILVER....AWAY...FOREVER!!!!!!LOLOLOL!!!!!!!!!
Israel dil 13:35 GMT January 21, 2011
**SILVER ALERT**
if you cannot afford dip to around $25/oz then I am not too optimistic about your fortunes with that position.
GVI Forex john 13:32 GMT January 21, 2011
What's the buzz?
- Stronger than expected Retail Sales give CAD a strong boost. Remember this was November data.
Israel dil 13:31 GMT January 21, 2011
days low
purk, i think is yawn friday.
GVI Forex john 13:31 GMT January 21, 2011
GVI Forex Trading Support
ALERT
Entry: Target: Stop:
-- ALERT --
November Canada Retail Sales:
Headline Sales m/m +1.3% vs. +0.5% exp
Sales ex-Autos m/m +1.0% vs. +0.5% exp
Rexburg Stubbs 13:30 GMT January 21, 2011
**SILVER ALERT**
I'm to say position maximized at 27.19 on March silver....BRING IT!
Rexburg Stubbs 13:27 GMT January 21, 2011
**SILVER ALERT**
I'm to say that it looks like JPM is now on the bid!
philadelphia caba 13:23 GMT January 21, 2011
short eur/chf
closed half at 1.3015
Amsterdam purk 13:20 GMT January 21, 2011
days low
You Searched For: Author: purk
Hillegom Purk 17:37 GMT January 20, 2011
days low: Reply
Hillegom Purk 20:01 GMT January 19, 2011
days low: Reply
Please note that in e/u todays low was 13435ish and yesterday 13283. Too much difference for my taste. Result: small range in comp. with last weeks. We shall see if we can reach 13383ish in the morning.
If not, pattern will stay being 100 pip up from close.
_________________________________________
Well it was 13395 on my platty, so i consider the matter as closed. We can look forward to 135+ again.
Under 13321 and i will change that.
---------------------------------------
Well part 3 is done now. Good that it is Friday because i do not have a clue where it is going now.
1. The yawn scenario: closing above 13563
2. Bang ga boom scenario, closing below 13321....
Carry on please
GVI Forex john 13:15 GMT January 21, 2011
What's the buzz?
- Canada retails sales due at the bottom of the hour. Although I complain that the data are ancient, they can impact the CAD.
Rexburg Stubbs 13:07 GMT January 21, 2011
**SILVER ALERT**
I'm to say that SILVER is the path to prosperity today.
Gen dk 13:02 GMT January 21, 2011
Reply
Trading Signals Updated:
CLICK HERE for more Gen dk information
GVI Forex Blog 12:32 GMT January 21, 2011
Reply
Fighting the euro trend this week has been like a salmon trying to swim upstream against the current as firm crosses continue to drive the eur/usd higher.
Tech Talk - Eyes on 50%
London SMS 12:22 GMT January 21, 2011
Orders left
Order triggered. Here's hoping. Would now love to see a short squeeze on Eur to trigger the other order. Expect €$ to close below 1.34 today as big unwind happens.
---------
Sell GBPUSD
Entry: 1.5940 Target: 1.55 Stop: 1.60
Left an order to sell cable @ 1.5940 which I hope wil be triggered before NY come in as I think they'll sell it again. Also left order to sell Eur$ @ 1.3580...you never know.
GVI Forex Jay 12:15 GMT January 21, 2011
Tech Talk
Low just now was 1.3503, confirms 1.35 as pivotal
Israel dil 12:13 GMT January 21, 2011
EUR/USD: is it ready for reversal?
Reply
my own idea, no, too many expecting and reasoning such one.
what is the best direction to trade currently? like sesame street, trade it until the end of episode is there.
why? watch weekly and monthly charts to witness that there is plenty of room for EUR/USD to go higher (at least 250 pips this month).
what's next? Elmo will tell with his own handle or another :-)
GVI Forex Jay 12:03 GMT January 21, 2011
Tech Talk
12:00 GMT (Global-View.com) January 21 - Fighting the euro trend this week has been like a salmon trying to swim upstream against the current as firm crosses continue to drive the eur/usd higher. This has seen it extend its high to 1.3567, just shy of a widely watched 1.35785 = 50% of 1.4282-1.2875. Above that level lies 1.37445 = 61.8% and 1.3786 (Nov 22 high) ahead of 1.4282 (Nov 4 high). With that said, it remains to be seen whether eur/usd can build further momentum given the way its crosses are creating a mixed picture for the dollar, which is caught in the middle of euro cross flows. Key to what comes next will be 1.3500 on the downside (psychological level) and 1.35785 on top. Wednesday’s high at 1.3538 would need to become support to put the focus on 1.35785. There will likely be a pause unless 1.35785 is taken out but only sub-1.35 would postpone the risk
London Misha 11:10 GMT January 21, 2011
Observations
Reply
EURUSD - Long Legged Doji on Daily Chart.
USDJPY - Big Bullish Engulfing Pattern on Daily Chart!
GBPUSD - Big Bearish Engulfing Pattern follows possible Bearish Advance Block Formation on Daily Chart.
USDCHF - Daily Bullish Engulfing Pattern with a possible Two Day Reversal Up on Daily Chart.
EURGBP - Three White Soldiers & the firest close over the Long MA on the Daily Chart.
EURJPY - Key Reversal Up on Daily Chart. Market testing Long MA resistance.
USDCAD - Possible Bearish Shooting Star or Advance Block Formation on Daily Chart.
AUDUSD - Open Black Marubozo follows Bearish Shooting Star on Daily Chart.
London SMS 11:00 GMT January 21, 2011
Orders left
Reply
Sell GBPUSD
Entry: 1.5940 Target: 1.55 Stop: 1.60
Left an order to sell cable @ 1.5940 which I hope wil be triggered before NY come in as I think they'll sell it again. Also left order to sell Eur$ @ 1.3580...you never know.
Gen dk 10:56 GMT January 21, 2011
Reply
Trading Signals Updated:
CLICK HERE for more Gen dk information
Syd 10:46 GMT January 21, 2011
WikiLeaks: Iran Able To Make Highly Enriched Uranium - Report
Reply
WikiLeaks cables: Iran has cleared major hurdle to nuclear weaponsTehran has 'technical ability' to make highly enriched uranium, say experts, as efforts turn to disrupting supply of other materials
http://www.guardian.co.uk/world/2011/jan/20/iran-highly-enriched-uranium-wikileaks
Fitch: If Greece doesn’t regain access to the market towards end 2011, rating will come down
Fitch: Slippage on Spanish fiscal targets seen as a ratings trigger
Uncertainty regarding scale of Spanish bank problems
Larger than expected Spanish bank recapitalization costs seen as ratings trigger
Singapore SGFXTrader 10:38 GMT January 21, 2011
Why is Eurusd so bullish?
Sell EURUSD
Entry: Target: Stop:
Hi there, I raised the stop.
Shorted another 7 lots today. Total 40 lots shorting Eurusd and Audusd.
My base is quite huge so i am not even overtrading atm.
Cheers
ldn ct 10:31 GMT January 21, 2011
Why is Eurusd so bullish?
Singapore SGFXTrader --- do you stop out and resell or do you just raise your stop?
Dubai SAS 10:30 GMT January 21, 2011
Short Euros
stopped on the short from 1.3480 overnight @ 1.3530 and reshorted @ 1.3560, apologies cud'nt post real time as was away ... stop for the new position somewhere around 1.3610 and TP @ 1.3400 .. GL
GVI Forex john 10:18 GMT January 21, 2011
GVI Forex Trading Support
Global-View Chart Gallery updated. A wide selection of updated forex, interest rate and equity charts.
Global-View Market Tracker updated. Twice daily survey and technical studies of a broad range of related markets.
Macau JJ 10:10 GMT January 21, 2011
Why is Eurusd so bullish?
don't need to think too much, indeed too many people sell EUR will force EUR to go NORTH
Singapore SGFXTrader 10:10 GMT January 21, 2011
Why is Eurusd so bullish?
Sell EURUSD
Entry: Target: Stop:
I am still shorting Eurusd. change my stop to 1.3600
Today is friday. Unwinding will start pretty soon, i guess.
Israel dil 10:00 GMT January 21, 2011
Why is Eurusd so bullish?
chances are quite high to EUR/USD to reach 1.36 still today.
why? because it will pay good for some people. is there better reason for EURO to be so bullish?
GVI Forex john 09:57 GMT January 21, 2011
What's the buzz?
- Chatter Peoples Bank of China monetary tightening could come as early as this weekend.
- Cooler heads say next month is more likely.
- Risk of a government-induced slowing of the Chinese economy to contain inflation continues to be a weight on the commodity currencies (AUD, CAD, NZD).
GVI Forex Blog 09:53 GMT January 21, 2011
Reply
11:00 GMT (Global-View.com) January 21- The USD is trading soft again early Friday as concerns about the European sovereign debt situation have faded into the background again. The
Daily GVI Forex Forex View- EUR Performs Well
Syd 09:51 GMT January 21, 2011
Fitch: Portugal Likely To Go Into Recession In 2O11
Reply
Portugal is likely to enter a recession this year, and re-iterated Fitch's view that although the risk of a break-up of the euro zone has weighed on sentiment, Fitch doesn't take the view that it is likely.
London Mick 09:43 GMT January 21, 2011
Why is Eurusd so bullish?
SGFXTrader look at every euro cross and it willt ell you why eurusd is bid. This is not sustainable (imho) but fighting it has been very painful and why it has been moving higher. Asian central bank buying is also said to be a reason why the euro has move higher these past two weeks. Everyone seems to be looking at the 50% level (1.3578)
GVI Forex john 09:34 GMT January 21, 2011
GVI Forex Trading Support
U.K. retail sales even weaker than expected. Poor weather effects cited. GBPUSD weaker.
GVI Forex john 09:31 GMT January 21, 2011
GVI Forex Trading Support
ALERT
Entry: Target: Stop:
-- ALERT --
December U.K. Retail Sales:
mo/mo -0.8% vs. -0.3% exp
0.0% yr/yr vs. +0.9% exp
mumbai 09:24 GMT January 21, 2011
Flash news is here...
Reply
Just read the newsletter from the man mahendra sharma and thought to share. Below is the excerpt from the newsletter:
"This week we expected sideways or weaker trend in dollar index until Wednesday but from late Wednesday we are expecting turn around in dollar against British pound, Australian dollar and Canadian dollar. Euro and Swiss Franc will also remain weak. USD index at 78.55 will be great buy. Australian and Canadian are ready to fall big.
Note – Gold will remain worst performer among metals. Gold will see $1338 soon (even in this week is possible). Higher side for gold will be $1375.8 and silver $29.39 (already touched today). Among base metals copper will fall big as well from later day, in the next two days it can touch $427.80, higher side $445.80, which already touched today."
Also told on oil, soft commodities, uranium stocks and given his best trades to do....
Cambridge Joe 09:14 GMT January 21, 2011
eurusd
KB// thanks.
jerusalem kb 09:12 GMT January 21, 2011
eurusd
bought at 1.3530 target 1.3580 and 1.3620 stop 1.3480
GVI Forex john 09:10 GMT January 21, 2011
GVI Forex Trading Support
Headline Ifo stronger Climate and Conditions mixed. On balance should be EUR constructive.
Cambridge Joe 09:10 GMT January 21, 2011
eurusd
KB// re your last..... I didn't understand it.
Please clarify....
thanx !
GVI Forex john 09:00 GMT January 21, 2011
GVI Forex Trading Support
ALERT
Entry: Target: Stop:
-- ALERT --
January German Ifo:
Climate 110.3 vs. 109.9 exp
Conditions 112.8 vs. 113.4 exp
Expectations 107.8 vs. 106.5 exp
jerusalem kb 08:48 GMT January 21, 2011
eurusd
Reply
Buy EURUSD
Entry: 1.5530 Target: 1.3580-1.3620 Stop: 1.3480
bought
Syd 08:46 GMT January 21, 2011
Miners may face reconstruction tax after Queensland floods
Reply
The disastrous floods in Queensland over the last month have resulted A$2.3bn (£1.4bn) of lost coal sales for the mining industry, according to the Queensland Resources Council.
But the situation may result in an even larger loss for miners when reconstruction starts. The disaster may allow Julia Gillard, Australia’s prime minister, to introduce a new tax on mining profits that companies will find hard to defeat. Ms Gillard may well succeed where Kevin Rudd, the previous incumbent, failed.
http://www.telegraph.co.uk/finance/newsbysector/industry/mining/82
71988/Miners-may-face-reconstruction-tax-after-Queensland-floods.html
Macau JJ 08:29 GMT January 21, 2011
Why is Eurusd so bullish?
I want to knowI want this too. IMHO, if you guys keep going short EUR, GBP, then EUR will keep going up. Market will not easy to let you to make money.
Syd 08:17 GMT January 21, 2011
Fitch report says further extreme Eurozone sovereign debt market volatility likely, says risk that m
Reply
- confidence in bank asset quality and credit profiles to deteriorate for peripheral EMU states, adding downward pressure on ratings
- Eurozone debt crisis systemic, reflects concerns on viability of Euro as well as country specific vulnerabilities
- full fiscal economic and political union in Eurozone not being pursued and not likely
- mixed European policymaker messeges adding to fragility of investor confidence
Singapore SGFXTrader 07:54 GMT January 21, 2011
Why is Eurusd so bullish?
Sell EURUSD
Entry: 1.35157 Target: 1.3360 Stop: 1.35500
People are confused and support Eurusd by mistake?
1.353x level seem to be a resistance wall.
Shorting above 1.35 seems to be quite a good entry
Anyone shorting eurusd too? Can i have a show of hands?
Singapore SGFXTrader 07:29 GMT January 21, 2011
Why is Eurusd so bullish?
Reply
Sell EURUSD
Entry: Target: Stop:
Why eurusd is touching 1.35x level again?
Any specific reason?
Can anyone help here?
Blore RKG 06:12 GMT January 21, 2011
Selling Oz
Oz now looks like extending a little more to the downside - and that only completes a small downmove.
dc CB 04:14 GMT January 21, 2011
Austerity
Reply
Path Is Sought for States to Escape Debt Burdens
By MARY WILLIAMS WALSH 3 minutes ago
Policy makers are working to find a way to let states declare bankruptcy and get out from under debts including the pensions they promised public workers.
http://www.nytimes.com/2011/01/21/business/economy/21bankruptcy.html?ref=business
Hong Kong 04:14 GMT January 21, 2011
AUD/USD Intra-day signal by AceTrader
Reply
AUDUSD
Entry: Target: Stop:
INTRADAY TRADING SIGNAL BY ACETRADER.COM: AUD/USD
AUD/USD : 0.9880
Last Update At 21 Jan 2011 03:15 GMT
Although A$'s present rebound fm 0.9839 suggests
decline fm 1.0077 has possibly formed a temp. low
y'day at 0.9832, as long as 0.9900 holds, downside
bias remains for another retreat to 0.9855/60 but
below said sup needed to extend to 0.9803 later.
Sell on further recovery with stop as indicated,
break wud prolong choppy trading abv 0.9803, 0.9845
Range Forecast
0.9860 / 0.9900
Resistance/Support
R: 0.9900/0.9925/0.9973
S: 0.9832/0.9803/0.9777
http://www.acetraderfx.com
Hong Kong Qindex 03:39 GMT January 21, 2011
Gold : Current Comments
Gold
Entry: Target: Stop:
Gold : Keep an eye on Eur-Gold
Hong Kong Qindex 03:37 GMT January 21, 2011
Gold : Current Comments
Gold
Entry: Target: Stop:
Gold : A resistant barrier has been established at 1352.4 // 1361.5. It is likely that the market will tackle the Critical Support 1300.6 // 1313.0.
Qindex.com
to dr unken katt 03:36 GMT January 21, 2011
Australia's Statistics Bureau Suspends All Data Collection Activities To Jan 31
Here are some examples of this year's themes:
- The U.S. is unlikely to withdraw from Iraq as promised in 2011.
- The U.S. economy will grow.
- In Europe, more countries will need bailouts. (A couple of names might surprise you.)
- Russian-German relations will strengthen.
- Japan will rot, but it will rot in seclusion
Syd 03:05 GMT January 21, 2011
Ireland has only itself to blame for the costly bailout says Barroso
Reply
Eurosceptic MEP Nigel Farage of the UK Independence Party alleged the move was a "massive power grab" to allow the bloc to continue buying up its own debt.
He added that Portugal, Greece and Ireland have no place in the single currency alongside more frugal countries such as Germany.
LINK
The state-run China Securities Journal's commentary saying that China's CPI could exceed 6.0% in part of the first half of the year "is shocking, but not completely unrealistic," says Soichiro Mori, a senior strategist at FXOnline Japan.
U.S., China 'Concerned' About N.Korea's Uranium Program
U.S. President Barack Obama and his Chinese counterpart Hu Jintao expressed "concern regarding [North Korea's] claimed uranium enrichment program" and agreed that "sincere and constructive inter-Korean dialogue is an essential step" to reduce tension on the Korean Peninsula. It was the first time China has expressed a view about the North's uranium program.
LINK
U.S. warned China to get tougher on North Korea: report
Reuters) - U.S. President Barack Obama warned his Chinese counterpart that if Beijing did not step up pressure on North Korea, Washington would redeploy its forces in Asia to protect itself from a potential North Korean strike on U.S. soil, the New York Times reported on Friday.
LINK
USD is "the best of the G3" currencies Morgan Stanley strategist Calvin Tse...
The USD is "the best of the G3" currencies, says Morgan Stanley strategist Calvin Tse due to growing optimism on the U.S. economic outlook. "We expect the U.S. economy to grow at 3.6% this year, compared to 1.5% and 1.2% for the euro zone and Japan respectively." The EUR is being supported by some investors' view that the ECB may hike rates by the 3rd quarter of this year, but Tse says "that looks overdone. As rate expectations are scaled back, likely due to another flare up in peripheral worries, we believe the euro will correct lower."
The Bank of Spain deck raise the minimum capital required of banks
Mining tax opportunity springs from disaster
Prime Minister, Julia Gillard, a strong moral argument to temporarily bump up the royalty taxes on Australia's miners - and she has a live example to follow.
http://www.smh.com.au/business/mining-tax-opportunity-springs-from-disaster-20110120-19y2c.html
Hong Kong 02:18 GMT January 21, 2011
USD/JPY Intra-day signal by AceTrader
Reply
USDJPY
Entry: Target: Stop:
INTRADAY TRADING SIGNAL BY ACETRADER.COM: USD/JPY
USD/JPY : 82.97
Last Update At 20 Jan 2011 23:19 GMT
Dlr has finally stabilised after y'day's rally
to 83.13 in NY, as the early breach of 82.83 res
confirms recent correction fm 83.70 has ended at
81.85 (Wed), upside bias remains for subsequent
headway twd daily target at 83.30.
Buy on pullback for 83.10 1st n only below 82.45
/50 wud dampen intra-day bullishness on dlr.
Range Forecast
82.75 / 83.05
Resistance/Support
R: 83.13 / 83.30 / 83.50
S: 82.62 / 82.49 / 82.25
http://www.acetraderfx.com
SF WM 01:52 GMT January 21, 2011
eurusd
Reply
Sell EURUSD
Entry: 1.3499 Target: 1.3400 Stop: 1.3525
Resting order overnight
Gen dk 01:23 GMT January 21, 2011
Reply
Trading Signals Updated:
CLICK HERE for more Gen dk information
Syd 00:50 GMT January 21, 2011
China's 1st Rate Hike In 2011 Could Be Around Lunar New Year - Report
Reply
Inflation May Rise Above 6% In Some Months In 1st Half - Report
China May Have 2-3 Rate Hikes in 1H - Report
Australian Export Price Index -8.1% In 4Q Vs 3Q
Fear of Chinese interest rate tightening has hit AUD/USD and S&P/ASX 200 after an editorial in China Securities Journal said China may hike interest rates around Chinese New Year.
http://www.cs.com.cn/english/
Hong Kong 00:48 GMT January 21, 2011
Daily FX Market Outlook by AceTrader-21-1-2011
Reply
Market Review - 20/01/2011 17:30 GMT
The greenback rebounds broadly on strong U.S. economic data
The dollar rebounded across the board on Thursday after economic data showed U.S. economic recovery was on track and the dollar index rose 0.3% to 78.955 ahead of the New York closing. The U.S. weekly jobless claims decreased 37,000 in the week ended January 15 to 404,000 versus the forecast of 420,000 and 416,500 in previous week. The U.S. existing home sales in December increased 12% to a 5.28 millions, the most since May and much higher than the consensus forecast of 4.8% to 4.85 millions. The U.S. leading economic indicators also showed a sign the recovery would gather steam in the new year due to the higher than expected 1.0% percent versus the forecast of 0.6%. The greenback extended its intra-day rally after these data releases and pushed usd/jpy and usd/chf to session highs of 83.13 and 0.9685 respectively. On the other side, eur/usd and gbp/usd fell from 1.3525 to 1.3396 and from 1.6010 to 1.5839 respectively in U.S. session before rebounding on short-covering.
The single currency rose to 1.3525 ahead of New York opening after retreating from Wednesday's high of 1.3539 to as low as 1.3418. However, strong U.S. economic data pushed the pair lower in New York and it tumbled to 1.3396 before staging a recovery. Cable showed mute reaction and traded around the 1.60 level after the release of mixed UK. industrial trends survey that highlighted the dilemma faced by the Bank of England policymakers. However, it then dropped sharply in New York on the dollar's broad based firmness and touched an intra-day low of 1.5839 in U.S. afternoon session before recovering.
Commodity currencies dropped sharply on speculation that China will raise rates to cool economic growth and to curb inflation in the region. Australian dollar, Canadian dollar and New Zealand dollar all weakened against the greenback. Aud/usd and nzd/usd tumbled to 0.9832 and 0.7533 while usd/cad rallied to 1.0031 respectively in New York session.
On data front, U.S. manufacturing in the Philadelphia region expanded in January for a fourth month but less than expected. The index came in at 19.3 compared to 20.8 last month and forecasts of 20.3.
Economic indicators to be released on Friday include:
New Zealand retail sales, Australia import prices index and export prices index, Japan Cabinet Office Monthly Economic Report and All industry index, German Ifo index, UK retail sales and Canada retail sales.
http://www.acetraderfx.com
Syd 00:31 GMT January 21, 2011
aud
Reply
Australian Export Price Index -8.1% In 4Q Vs 3Q
Australian Import Price Index -3.8% In 4Q Vs 3Q
Lahore FM 00:23 GMT January 21, 2011
-- Trade Ideas --
Sell EURGBP
Entry: Target: Stop:
closed out eurgbp longs from 0.8360 now and went short.
HK REVDAX 00:23 GMT January 21, 2011
$/CAD
FM//what is ur view on gold for today? tks
HK REVDAX 00:18 GMT January 21, 2011
$/CAD
FM//I will take profit today before the mkt close.
Lahore FM 00:11 GMT January 21, 2011
$/CAD
Revdax i have good reason to believe that Cad would be the new swissy.
coming weeks and months would probably show it more clearly than my words.
HK REVDAX 00:00 GMT January 21, 2011
$/CAD
Reply
What was the fundamental/tech reason for $/CAD's late reversal? Had it been on anyone's radar before the drop?
Rexburg Stubbs 00:00 GMT January 21, 2011
**SILVER ALERT**
Reply
I'm to say that I bought the censored out of SILVER after the spreads were forced to be sold. Massive short squeeze coming.
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