philadelphia caba 23:18 GMT January 11, 2012
CHF for ever
Thanks DS, always appreciate your view and comments. But,..how important are ski resorts for swiss economy??
BERN DS 23:11 GMT January 11, 2012
CHF for ever
Reply
philadelphia caba 18:43 GMT January 11, 2012
eur/chf: Reply
Swiss FinMin: Swiss Are Suffering Massively From The Strong Franc
This is a suffering on a VERY HIGH LEVEL ... don t forget that ! People here are doing pretty well ... New record sales last 3 weeks in all major ski resorts... this is interesting.... market here adjust quicker to FX rates than else where... EURO is about to fall big time- as well against CHF... it will take a little time imho... have all fun...
USA ZEUS 22:40 GMT January 11, 2012
This Is The Most Worrisome Chart Since The Summit
Paris ib 20:08 GMT October 27, 2011
"...U.S. data releases were again 'disappointing', U.S. government bonds got sold off across the curve and you guys are still bleating on about 'trouble in Europe'. And, what's more, still scrabbling around for reasons to sell the EURO. Why? Is this some kind of cultural prejudice at work here? We are going into a potential USD meltdown and everyone on this forum is ignoring the evidence and going with the propaganda (which I admit is overwhelming if you care to listen)."
_______________________________________________________
Hope all is well in Paris, ib.
MLT PA 22:32 GMT January 11, 2012
FOCUS: Vultures Circle Euro As Currency's Status Shifts
Reply
LONDON (Dow Jones)--Canny foreign-exchange investors are increasingly tempted to borrow euros to fund bets in higher-yielding currencies, even though it is a lot cheaper to borrow dollars.
The combination of low European Central Bank interest rates that are likely to fall further, and growing confidence that the euro is set for a big slide this year, lines the currency up as a good bet to sell in search of juicier bets elsewhere. In the market's parlance, that makes it a funding currency, equivalent to nailing a "for sale" sign on its fence.
It is an unusual role for the common currency, and one normally grabbed by the dollar and yen. While low, ECB interest rates at 1% are still four times higher than, say, the U.S. Federal Reserve's, so when investors feel broadly confident the euro usually rises as traders are drawn to its higher returns. Now, though, a poor outlook for the currency's value and quirks in the interbank borrowing market mean typical trading patterns are being turned on their head.
"Investors are looking at lower euro-zone interest rates and expectations that the euro will remain weak or weaken and that's an ideal framework to basically use the euro as a funding currency," said Steven Saywell, head of currency strategy at BNP Paribas. He said his bank's clients are increasingly looking at the market in this way.
Saywell isn't alone. Morgan Stanley this week recommended investors buy the Australian and Canadian dollars, funded by the euro, stressing that the euro's market role is shifting. It is now the ideal currency to sell in search of what is known as carry, or returns from higher interest rates, in other currencies.
Investors seem to be taking notice. Based on trades reported to the Commodity Futures Trading Commission at least, the scale of speculators' bets against the euro stands at a record high.
The flip side is that the euro is prone to abrupt short-term rallies because of the possibility of some of these bets being reversed. Volatility in the currency is also a deterrent to some would-be euro sellers. But rallies are exactly what some long-term investors are looking for as a cue to sell this new funding currency.
"It is definitely something I would put on if we got a setback. I like this trade, being short of the euro, both from a fundamental perspective and because of the carry aspects," said Munich-based Thomas Kressin, who heads foreign-exchange operations in Europe for PIMCO, one of the world's biggest bond fund management firms.
Central bank interest rates are only part of the picture. The cost of swapping euros into dollars in the forward foreign-exchange market is so skewed by chronic euro-zone worries that it makes up for the fact benchmark borrowing costs in the euro zone are higher than in the U.S., Kressin said.
"The forwards do not reflect the interest rate differential any more but rather the relative supply and demand of euros and dollars, and that makes the euro a much more attractive funding currency," said Kressin.
In normal circumstances it would be pricier to buy euros in exchange for dollars in, say, three months' time on the forward market than to do it now on the spot market, simply because the ECB's interest rates are higher than the Federal Reserves.
But current conditions aren't normal, which is why the euro-zone banking system is being propped up unlimited ECB funding and global central banks resorted late last year to freeing up the supply of cheap dollars through regular auctions to offset a drop in dollar lending by U.S. money funds to European institutions.
The three-month euro-dollar basis swap, which is a function of spot and forward foreign-exchange prices and prevailing interest rates as well as a bellwether for dollar funding stress, has improved to minus 86 basis points from as low as minus 165 basis points in late November, when worries about "another Lehman" filled the air.
But that figure remains deep in the red when, if all were well, it would be closer to zero. For market participants seeking a funding currency, that, combined with the euro's weak outlook and slowing euro-zone economy, makes for an increasingly tantalizing combination.
Source: WSJ
USA ZEUS 22:21 GMT January 11, 2012
Ridgefield ZEUS 19:43 GMT July 25, 2011
Reid sounds not too positive.: Reply
Let's let Mitt Romney be the new Captain America as he rides in like a knight in shining armor to strike down Reid and Pelosi and remind this great nation afresh what leadership and business mindedness is about.
Capitalism is still the best path to prosperity.
USA Zeus 05:30 GMT November 8, 2006 Reply
"...the last thing this country needs is to turn purple as a bunch of puppets run the country. Pelosi is a political opportunist.
What we need is some strong leadership from somewhere. Don't see that anywhere in sight until someone like a Mitt Romney is elected in '08."
_____________________________________________________
Turning purple proved fatal. Perhaps the market is already sensing the great Mitt Romney rescue is coming in focus.
Capitalism!
GLGT!
USA ZEUS 22:14 GMT January 11, 2012
USD
Reply
Most market chatter is about how currencies are declining against the USD but few are taking note that it is the USD showing great strength with a a strong trend higher as seen in the USD index.
The mighty buck is in play!
Cheers!
USA ZEUS 22:09 GMT January 11, 2012
EUR/USD
Thank you FM. Best to you as always!
GVI Forex john 21:52 GMT January 11, 2012
Trade Talk- Whats Moving Markets
Reply
-
Key
Items GB- Ind/Mfg Output, BOE, EZ- I/P. ECB, US- Weekly
Jobless, Retail Sales, 30-yr.
-
A
key focus this week is the ECB meeting on Thursday. No policy
changes are expected, however some sort of additional ECB easing
might be needed sometime soon.
-
The
EURUSD turned south on Wednesday based on rumors (denied) of an
imminent French debt downgrade. Recently the S&P has made these
announcements late on Friday.
-
USD
sentiment fundamentally improved following the most recent U.S. employment data. The markets
are pricing in a U.S. economic recovery.
-
Mitt
Romney solidly won the Republican Presidential primary in New Hampshire.
The candidate field should now start to contract as the writing is
starting to appear on the wall.
-
Debt
issues persist in Europe. The proposed bond deal for Greece seems to
be reaching a conclusion. Another focus is Italian debt.
GVI Forex Blog 21:48 GMT January 11, 2012
Reply
Key Items GB- Ind/Mfg Output, BOE, EZ- I/P. ECB, US- Weekly Jobless, Retail Sales, 30-yr.
A key focus this week is the ECB meeting on Thursday. No policy changes are expected, however some sort of additional ECB easing might be needed sometime soon.
Forex Trade Talk 00:00 GMT 12 January 2012
GVI Forex Blog 21:46 GMT January 11, 2012
Reply
The euro plummeted to its lowest in 16 months against the dollar on Wednesday, weighed down by persistent talk of an imminent cut to France's triple-A rating and a warning from Fitch about a collapse of the single currency if the European Central Bank does not step up its bond purchases.
Forex News - Euro drops to 16-month low as ECB, auctions loom
Melbourne Qindex 21:05 GMT January 11, 2012
EUR/USD : Critical Point 1.2797
Sell EURUSD
Entry: Target: Stop:
EUR/USD : The bias is on the downside when the market closed below 1.2727 in the New York session. It is likely that the market will tackle the supporting strength of the barrier at 1.2622 // 1.2664 in the the Asian session. Speculative selling pressure will increase when the market downward trending momentum is strong enough to penetrate through the barrier at 1.2658 // 1.2646.
Qindex.com
http://www.youtube.com/watch?v=dZEGYpXE5B4
==============================================
Melbourne Qindex 21:48 GMT January 10, 2012
EUR/USD : Critical Point 1.2797 : Reply
EURUSD
Entry: Target: Stop:
EUR/USD : The bias is on the downside when it is rejected from the barrier at 1.2797 // 1.2822. Market makers are in action. The odds are good that the downside trending momentum is strong enough to penetrate through the barrier at 1.2622 // 1.2664. The short term downside targeting range is 1.2502 // 1.2511.
Qindex.com
http://www.youtube.com/watch?v=dZEGYpXE5B4
EUR/USD : Monthly Cycle Charts
GVI Forex john 20:53 GMT January 11, 2012
USD Moving Averages
Reply
|
1/11/2012
|
20:00
|
GMT
|
|
|
|
|
|
|
Latest
|
EURUSD
|
USDJPY
|
USDCHF
|
GBPUSD
|
USDCAD
|
AUDUSD
|
NZDUSD
|
|
Last
|
1.2705
|
76.86
|
0.9541
|
1.5327
|
1.0189
|
1.0313
|
0.7972
|
|
High
|
1.2789
|
77.04
|
0.9566
|
1.5490
|
1.0210
|
1.0329
|
0.7974
|
|
Low
|
1.2661
|
76.78
|
0.9478
|
1.5308
|
1.0136
|
1.0258
|
0.7921
|
|
Change
|
-0.0069
|
0.06
|
0.0052
|
-0.0152
|
0.0027
|
0.0008
|
0.0038
|
|
MVA
|
EURUSD
|
USDJPY
|
USDCHF
|
GBPUSD
|
USDCAD
|
AUDUSD
|
NZDUSD
|
|
5 day
|
1.2750
|
76.94
|
0.9522
|
1.5435
|
1.0208
|
1.0268
|
0.7878
|
|
10 day
|
1.2857
|
76.95
|
0.9453
|
1.5488
|
1.0187
|
1.0267
|
0.7843
|
|
20 day
|
1.2944
|
77.45
|
0.9409
|
1.5538
|
1.0227
|
1.0164
|
0.7755
|
|
50 day
|
1.3252
|
77.51
|
0.9264
|
1.5650
|
1.0235
|
1.0131
|
0.7718
|
|
100 day
|
1.3532
|
77.17
|
0.9016
|
1.5742
|
1.0157
|
1.0185
|
0.7884
|
|
200 day
|
1.3947
|
78.65
|
0.8708
|
1.6016
|
0.9917
|
1.0413
|
0.8031
|
|
TREND
|
EURUSD
|
USDJPY
|
USDCHF
|
GBPUSD
|
USDCAD
|
AUDUSD
|
NZDUSD
|
|
BIAS
|
Down
|
Down
|
Up
|
Down
|
Down
|
Up
|
Up
|
GVI Forex john 20:46 GMT January 11, 2012
FX Database
Reply
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.
GVI Forex Blog 20:26 GMT January 11, 2012
Reply
20:30 GMT (Global-View.com) January 11- The Global-View.com D.O.G. (Dollar, Oil, Gold) investor purchasing power index is ending Wednesday in North America at .5260, +0.42% from its Tuesday close (-2.24% vs. end-2010).
Global-View D.O.G. Index January 11, 2012 U.S. Close
Syd 20:23 GMT January 11, 2012
VIX Still Has 40% Upside As Europe Will Start Making Headlines Again
Reply
The world markets are all moving based on what the headlines have been saying. For the last month, headlines have been pretty silent in regards to the European debt crisis. This has caused the U.S. stock market to rally quite a decent amount, especially financials, which have seen a strong upside in just the past two weeks. While the headlines have slowed, it does not mean Europe is back on track. All they have done is push back the situation ... again. Investors have been jumping back into the market as they believe stability is back.
link
GVI Forex john 20:22 GMT January 11, 2012
Global-View D.O.G. Index
Reply
20:30 GMT (Global-View.com) January 11- The Global-View.com D.O.G. (Dollar, Oil, Gold) investor purchasing power
index is ending Wednesday in North America at .5260, +0.42% from its Tuesday close (-2.24% vs. end-2010).
As for its key subcomponents, the USD forex purchasing power index is .7876, +0.39% (+1.21% vs. end-2010). The
forex index is value is calculated against the top six trading currencies.
Against gold, the USD purchasing power index is worth .1755, -0.56% (-13.49% ytd).
Against crude, it is at 0.4419, +1.38% (-9.38% end-2010). The D.O.G. Index base is 1.00. It is measured against
levels from the start of 1999, as of the initial launch of the euro (currency).
D.O.G. Homepage
Mtl JP 20:22 GMT January 11, 2012
Trade Talk- Whats Moving Markets
bla bla yak yak... don't forget one thing about these FED smoke spouters: they will never miss a paycheque and therefore never miss a meal.
-
here is what the experts at the US FED project:
Economic Projections of Federal Reserve Board Members and Federal Reserve Bank Presidents, November 2011 (.pdf)
on jan 23, theoretically we - market players - will be informed what the FED collective thinks should be the rate of cost of money (not to be confused with accessibility to it) that will help achieve their plan, namely:
- GDP growth between 2.4% - 2.7%,
- unemployment rate between 5.2% - 6% and
- inflation between 1.7% - 2%
over the "longer run".
-
Helping the FED: H.R. 2835: Joint Select Committee on Job Creation Act of 2011
To establish a joint select committee of Congress to report findings and propose legislation to restore the Nation’s workforce to full employment over the period of fiscal years 2012 and 2013, and to provide for expedited consideration of such legislation by both the House of Representatives and the Senate
Philadelphia C. Barkley 19:39 GMT January 11, 2012
Trade Talk- Whats Moving Markets
ROCHESTER, New York - Wed Jan 11, 2012 1:00pm EST
(Reuters) - The U.S. Federal Reserve may need to raise interest rates before the middle of 2013, despite the central bank's repeated forecasts that it expected to keep rates ultra low until at least then, a top official said on Wednesday.
Fed may need to raise rates before mid-2013: Plosser
GVI Forex News 19:30 GMT January 11, 2012
Trade Talk- Whats Moving Markets
-- Market-Moving News --
Wednesday, January 11, 2012 2:00:23 PM
*(US) FED'S BEIGE BOOK: ECONOMY GREW AT MODEST TO MODERATE PACE; CONSUMER PICKED UP IN SOME REGIONS; SAW SLIGHT RISE IN BUSINESS LOAN DEMAND
Beige Book
GVI Forex Blog 19:19 GMT January 11, 2012
Reply
AUD/USD and NZD/USD outlook next 24 hours: here’s a full event calendar for markets today. The US Beige book of economic conditions will be released shortly and China’s inflation reading is this afternoon. Most important will be tonight’s ECB meeting, no new stimulus expected but the possibility of market-disappointing comments. Italian and Spanish bond auctions will be watched. AUD remains capped by 1.0385 resistance and is biased to test 1.0200 today. NZD is testing 0.7965 minor resistance but a move beyond 0.8000 today is unlikely.
Forex - Morning Report (Westpac)
Boston eFX 19:09 GMT January 11, 2012
SNB Insider Favored For Top Policy Job
Reply
(Dow Jones via eFXnews) The replacement for Swiss National Bank head Philipp Hildebrand is likely to be from the German-speaking part of the country and may even feature the first woman ever to sit on the central bank's governing board, according to analysts.
Speculation on the successor to Hildebrand, who resigned as central bank head Monday after the controversy over currency dealings by his wife last year, is in full swing as the government and SNB Council weigh their options for appointments to the three-person board.
Among the names bandied about is that of Beatrice Weder di Mauro, a Swiss ....
SNB Insider Favored For Top Policy Job (full story)
philadelphia caba 18:43 GMT January 11, 2012
eur/chf
Swiss FinMin: Swiss Are Suffering Massively From The Strong Franc
Zurich EG 18:36 GMT January 11, 2012
eur/chf
With a replacement SNB chief likely to take months, the current board will keep the floor at 1.20
Los Angeles BDH 18:01 GMT January 11, 2012
greetings for 2012
Reply
EURUSD
Entry: Target: Stop:
Lahore FM
Many thanks for your guidance last year and my wish for a bright 2012. i'm still using my 5/20 moving average crossover
on the 30 min screen, plus a buffer of 20 pips...bernie
Hillegom Purk 18:00 GMT January 11, 2012
Range jan 2012 e/u
Reply
Today 12661-12790. We had new low today, nice. As long as we see 126-127 these days we will go lower.
And still it was a day where both sides could have made some pips.Could would should is back.
Lahore FM 17:29 GMT January 11, 2012
EUR/USD
relevant and timely..thanx!
USA ZEUS 17:07 GMT January 11, 2012
EUR/USD
The market needs to stay above 1.2684 if there is any hope of the often called for and pending rally by others here albeit at lower levels in perpetuity. Eventually they'll get a rally of small retracement and dance in the streets wildly.
Otherwise, another attack on the low and the floor could very well be pulled out afresh.
Cheers!
Israel Dil 16:30 GMT January 11, 2012
eur
as long day low is not violated by more than 10 pips and the sentiment remains heavily of crash expected, then short squeeze may get life into it. looks like really no one sees short squeeze to happen anymore at the current levels.
MM
Lahore FM 16:10 GMT January 11, 2012
" Trade Ideas "
FS this is all i am willing to give it..its more than a doll above day high so far and what we are doing is cementing the ceiling.
kl fs 16:04 GMT January 11, 2012
" Trade Ideas "
FM, maybe better to move the stop above 1653
GVI Forex john 15:53 GMT January 11, 2012
Calendar
Reply
January 11 (global-view.com) UPCOMING DATA HIGHLIGHTS for Thursday, January 12.
Updated: Trading Events Calendar:
Far East: JA- Current Account.
Europe: GB- Ind/Mfg Output, BOE. EZ- Ind Prod, ECB..
North America: US- Weekly Jobless, Retail Sales, Business Inventories, Natural Gas, 30-yr.
Lahore FM 15:49 GMT January 11, 2012
" Trade Ideas "
Sell Gold
Entry: 1643.20 Target: Stop: 1649
added short gold 1643.20
Israel Dil 15:43 GMT January 11, 2012
eur/chf
caba
they will come in around 1.2 as the working Swiss cannot stand move down at the current time of the year.
MM
philadelphia caba 15:40 GMT January 11, 2012
eur/chf
Dil,
my concern is that if there will be no SNB bid or activity at/around 1.2 peg, we might see repeat of August 2011 price action.
GVI Forex john 15:31 GMT January 11, 2012
ALERT- U.S. Weekly IEA Energy Data
Reply
-- ALERT --
U.S. Weekly Energy Inventories (mln)
Crude Oil: +5.000 vs. +0.200 exp. vs. +2.200 prev.
Gasoline: +3.600 vs. +2.200 exp. vs. +2.500 prev.
Distillates:+3.980 vs. +0.145 exp. vs -3.200 prev.
Cap/Util: 85.6% vs. 85.30% exp. vs. 85.00% prev.
TTN: Live News Special Offer
Israel Dil 15:30 GMT January 11, 2012
eur
buying eurusd dips the coming 30 minutes with the idea that day low will be in place/set during that period.
MM
Israel Dil 15:22 GMT January 11, 2012
eur/chf
that there is no catch (trap).
MM
Israel Dil 15:21 GMT January 11, 2012
eur/chf
caba
with the tempo of the price action I would ask you to consider weekly/monthly close instead of daily. With well announced bottom it's a kind of impossible that the is no catch.
BOJ, TONIGHT?
philadelphia caba 15:14 GMT January 11, 2012
eur/chf
bias is BOD towards 1.2000
nyc s 15:12 GMT January 11, 2012
eur
Reply
1.2665 being defended?????;;;;
philadelphia caba 15:09 GMT January 11, 2012
eur/chf
yes, IF will close below 1.2000
nyc s 15:05 GMT January 11, 2012
eur/chf
Cabs are you giving up on long Eurchf?
philadelphia caba 15:00 GMT January 11, 2012
eur/chf
Reply
reported big stops below 1.2100...
GVI Forex Alert 14:51 GMT January 11, 2012
Trade Talk- Whats Moving Markets
-- Market-Moving News --
French Treasury says it is not aware of any imminent decision to downgrade france's credit rating. EURUSD firms briefly.
hk ab 14:47 GMT January 11, 2012
gold
Reply
interesting gold candles formations.... GL.
gold shorts look like boiled frogs now.
GVI Forex Jay 14:42 GMT January 11, 2012
update
Reply
It was an attack on our server hub and had to wait for it to clear up. Our servers are working fine and apologies for the interruption but beyond our control.
philadelphia caba 14:33 GMT January 11, 2012
Forex News
has France gotten the 12-hour warning from S&P that it will be downgraded…?
Israel Dil 14:27 GMT January 11, 2012
up!
GV exactly as the markets, CHOPPY :-)
Lahore FM 13:26 GMT January 11, 2012
up!
Reply
good to have global-view back!
Israel Dil 13:26 GMT January 11, 2012
Forex News
I still have high 1.28's as must to happen this week. Strange?
Israel Dil 12:49 GMT January 11, 2012
Forex News
what for news the euro needs to close today above yesterday's high?
USA ZEUS 12:35 GMT January 11, 2012
EUR/USD
Today's price transitions are smooth as butter.
Collecting pps is like catching fish at a fish farm.
Cheers!
MLT PA 12:26 GMT January 11, 2012
News
Reply
EU banks have sold €14.9B of unsecured debt in the first 10 days of January - more than then entirety of 2011 H2 - may be less than meets the eye. First, banks have to roll €800B in 2012 so the sales hardly make a dent. Second, it appears the issuance has been mostly limited to Scandinavian, Dutch, and U.K. banks.
USA ZEUS 12:21 GMT January 11, 2012
EUR/USD
More to come.
Cheers!
USA ZEUS 12:19 GMT January 11, 2012
EUR/USD
A quick +20. Not bad, not bad.
GLGT!
USA ZEUS 12:08 GMT January 11, 2012
EUR/USD
1.2684 prints. Perhaps this is the new reaction point, eh?
Manila JT 11:55 GMT January 11, 2012
Observations
Sell EURUSD
Entry: <1.30 Target: 1.18 Stop: NONE
EURUSD - Three blind mice (all with large long positions)
USA ZEUS 11:54 GMT January 11, 2012
BOD or SOB
The SOB's keep trying the BOD and it aint workin'
Melbourne Qindex 11:52 GMT January 11, 2012
EUR/USD : Critical Point 1.2797
Sell EURUSD
Entry: Target: Stop:
Melbourne Qindex 21:48 GMT January 10, 2012 - My Profile
EUR/USD : Critical Point 1.2797 : Reply
EURUSD
Entry: Target: Stop:
EUR/USD : The bias is on the downside when it is rejected from the barrier at 1.2797 // 1.2822. Market makers are in action. The odds are good that the downside trending momentum is strong enough to penetrate through the barrier at 1.2622 // 1.2664. The short term downside targeting range is 1.2502 // 1.2511.
Qindex.com
http://www.youtube.com/watch?v=dZEGYpXE5B4
EUR/USD : Monthly Cycle Charts
GVI Forex Jay 11:49 GMT January 11, 2012
BOD or SOB
EURUSD
Entry: Target: Stop:
I posted this last night to test whether you would be interested ins eeing this added as a regular feature. For it to work, we need participation. Note my example, which is my view and that worked out overnight.
We want to test a new feature and would like your feedback and participation. More than half the battle is to find the strong side to trade and this is a BOD (bid on dips) or SOB (sell on blips) bias + give a reason and/or level. You can have a different bias to what someone posts or can even have times when both work.
This can be done for any currency and anyone can start a new BOD or SOB thread. The bias can change during the day based on news or price action. I think this could be a great addition. Add your bias when you come in and read this - it is a beta test
Example
SOB bias today while below 1,2800 or 1.2820. With the ECB and Italy and Spain auctions ahead, eurusd upside should be limited on Wednesday
USA ZEUS 11:48 GMT January 11, 2012
EUR/USD
Reply
Nice +80 lock in on the expect-the-unexpected meltdown.
1.2684 may be the critical thresh. If it gives way we could see a beatdown.
Cheers!
GVI Forex Jay 11:42 GMT January 11, 2012
Forex Weat5hermap - EURUSD
Reply
11:35 GNT (Global-View.com) Jan 11 - It is like everyone is looking at the same levels: 1.2856 (or 1.2858) on top, 1.2598 and 1.2587 (or thereabouts) on the downside. Same factors as well: Short eurusd positions, ECB meeting, Spain + Italy auctions and a general view that any rally would be short-covering and an opportunity to sell.
Forex Weathermap - EURUSD
Israel Dil 11:40 GMT January 11, 2012
gold 11-01-2012
mtl jp
that means that they print money and pointing a gun to people's heads to take that money and then they take the money back as taxes and even say that economy grows.
dreamland in full control :-)
London Misha 11:39 GMT January 11, 2012
Observations
Reply
EURUSD - Doji on Daily Chart.
USDJPY - Doji on Daily Chart.
GBPUSD - Two White Soldiers on Daily Chart.
USDCHF - Doji on Daily Chart.
EURGBP - Bearish Harami on Daily Chart.
EURJPY - Possible Bearish Advance Block on Daily Chart.
USDCAD - Two Black Crows on Daily Chart.
AUDUSD - Two White Soldiers on Daily Chart.
Mtl JP 11:34 GMT January 11, 2012
gold 11-01-2012
Israel Dil 11:16 // Gov't collateral is YOU.
Explained with more detail it means that interest on govt bonds is a reflection of market's perception of gov't ability to continue to extract current and future taxes from people under its heel.
The Ability to Extract vs Interest Rate is an Inverse relationship.
It is important to understand what Geithner and his gang mean when they talk about "full faith and credit of the United States government."
Israel Dil 11:31 GMT January 11, 2012
EUR/USD 11-01-2012
Reply
long 1.2620-1.2660
stop 50 pips (stop and reverse seems also to be a good idea)
target above 1.29
correction to take place or crash further, that's the cards on deck for now.
MM
msa nsm 11:25 GMT January 11, 2012
Gold - Ninja Entry
from my charts. close under res. 4h chart and just touched the 200ema and down, looking for 1613 first stop. IMO gl
Israel Dil 11:16 GMT January 11, 2012
gold 11-01-2012
Reply
practically bankrupted banks are guaranteed by bankrupted states. but gold does not move.
$1680 and above as weekly close needed to ignite reality but it still looks dreamland in full control. it's possible to count all the gold, there is no way to see an end to money printing, that's the facts.
but gold does not move, yet. BOD
MM
MSA NSM 11:14 GMT January 11, 2012
cad sell
unlikely to be hit,low in place i think. missed by few pips
08:24 GMT January 11, 2012
cad sell : Reply
Buy USDCAD
Entry: 1.0133 Target: open Stop: 1.0103
order in place.
GVI Forex john 10:42 GMT January 11, 2012
Trade Talk- Whats Moving Markets
Reply
-
Key
Items US- EIA Energy, 10-yr.
-
The
EURUSD continues to trade mostly sideways after making new lows for the move
(1.2664) Monday. The market needs to
consolidate recent USD gains before the USD can advance
further.
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USD
sentiment improved after the latest U.S. employment data. The markets have
priced in a U.S. economic recovery.
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Mitt
Romney solidly won the Republican Presidential primary in New Hampshire.
The candidate field should soon start to contract a bit.
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A
key focus this week is the ECB meeting on Thursday. No policy
changes are expected.
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Debt
issues persist in Europe. The proposed bond deal for Greece seems to
be reaching a conclusion. Another focus is discussions over Italy.
We have been indicating that S&P
downgrades of France and others are widely expected this month..
They
will adversely impact the ratings of the EFSF.
GVI Forex Blog 10:39 GMT January 11, 2012
Reply
Key Items US- EIA Energy, 10-yr.
The EURUSD continues to trade mostly sideways after making new lows for the move (1.2664) Monday. The market needs to consolidate recent USD gains before the USD can advance further.
Forex Trade Talk 11:00 GMT 11 January 2011
UK Mslc 10:30 GMT January 11, 2012
euro
GBP (weaker) leading...
GVI Forex Blog 10:27 GMT January 11, 2012
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10:35 GMT (Global-View.com) January 11- The Global-View.com D.O.G. (Dollar, Oil, Gold) investor purchasing power index is opening Wednesday in North America at .5237, -0.01% from its Tuesday close (-2.66% vs. end-2010).
Global-View D.O.G. Index January 11, 2011 U.S. Open
GVI Forex john 10:24 GMT January 11, 2012
Global-View D.O.G. Index
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10:35 GMT (Global-View.com) January 11- The Global-View.com D.O.G. (Dollar, Oil, Gold) investor purchasing power
index is opening Wednesday in North America at .5237, -0.01% from its Tuesday close (-2.66% vs. end-2010).
As for its key subcomponents, the USD forex purchasing power index is .7850, +0.06% (+0.87% vs. end-2010). The
forex index is value is calculated against the top six trading currencies.
Against gold, the USD purchasing power index is worth .1753, -0.68% (-13.58% ytd).
Against crude, it is at 0.4367, +0.18% (-10.46% end-2010). The D.O.G. Index base is 1.00. It is measured against
levels from the start of 1999, as of the initial launch of the euro (currency).
D.O.G. Homepage
manila tom 10:01 GMT January 11, 2012
euro
long already, stop under 1.2750 for now, in case we go lower then reload in 1.2450-1.25xx area
HK Li 09:55 GMT January 11, 2012
euro
Tom you long or waiting to get long?
manila tom 09:47 GMT January 11, 2012
euro
HH, buy the euro against usd
it has come down quite some distance, time for at least a multifigure bounce!
FFT HH 09:41 GMT January 11, 2012
euro
This is the calm before the next storm bug which way?
msa nsm 08:52 GMT January 11, 2012
105.47 level
Reply
Sell Crude
Entry: Target: Stop:
Crude is exceptionally quite, traders on the side line?
manila tom 08:41 GMT January 11, 2012
euro
only stay under 1.2750 will need a lower level to accumulate
manila tom 08:40 GMT January 11, 2012
euro
yes, expecting a big short squeeze soon
euro will go up
msa nsm 08:37 GMT January 11, 2012
euro
Hi do you think a break of 1.2860 (break to expose 1.2977)?
msa nsm 08:24 GMT January 11, 2012
cad sell
Reply
Buy USDCAD
Entry: 1.0133 Target: open Stop: 1.0103
order in place.
manila tom 08:22 GMT January 11, 2012
Gold - Ninja Entry
looks like euro will need to clear the deck a little bit more, 1.29 tonight!
msa nsm 08:16 GMT January 11, 2012
Gold - Ninja Entry
and off flies euro to just one barrier on its way 1.2820 and we move to 1.2860. any insights? gl
manila tom 08:15 GMT January 11, 2012
euro
Reply
i am not too bearish on euro, looks like this year anything under 1.30 is a good buy, 1.2450-1.25 is a very good deal if seen
msa nsm 08:13 GMT January 11, 2012
Gold - Ninja Entry
and there we go, now or never. 76.4 level in picture finally.
msa nsm 07:31 GMT January 11, 2012
Gold - Ninja Entry
usdcad already in oversold, really doesn't want to hit that level, mmmh,
msa nsm 06:51 GMT January 11, 2012
Gold - Ninja Entry
time for euro and loonie to make their move to confirm the fall
msa nsm 06:44 GMT January 11, 2012
Gold - Ninja Entry
LOL!, that was sooner than expected :-)
msa nsm 05:59 GMT January 11, 2012
Gold - Ninja Entry
have also been waiting patiently for wti @105.47, this level will surely reach for a nice fall, supported with the china issue surely its worth the risk. thanks for sharing that.
msa nsm 05:53 GMT January 11, 2012
Gold - Ninja Entry
0.764 loonie = 1.0130-1.0140, once hit should have a sharp rally up initiating a gold sharp fall IMO. might take a while but will happen i believe. any comments highly appreciated. gl
KL KL 05:53 GMT January 11, 2012
Gold - Ninja Entry
msa nsm
1/2 cent, 1 cent 2 cent....all views are good....unlike some views you cannot make sense off....LOL
yes I think anything possible now.....all leaders are back from nice TAX payer funded vacation and the Reality is still there ..... they were hoping it would all just go away....but the nightmare is about to start. China is about to shut down their factory in these 12 days and not many in the west know why......even pro traders.... so can start shorting US Crude today when their inventory draw increase and oil pops.......
As long as gold under long term Bear trend line.....at these levels....its more comforting to short than long regardless of Iran or North Korea or Isreal.....then again may even give a nice false break and Wham.....back to 1500 reality and fear of under that......its still paper gold....and we need to make more of it to keep the SHAM alive.....
Just shorted gold again 1638.5....looking for the 100 pips first then adjust the stops to safety......keep going higher to short cos I do not know when the music will change direction.....still up and can do swing trade too....
msa nsm 04:32 GMT January 11, 2012
Gold - Ninja Entry
Hi, just a cent view, IMO strongly believe that previous high will be hit, euro to 1.2860-70 and usdcad will get lower to 0.764 fib level, then we'll have a very nice fall for gold and euro. Anyway that's what I think and anticipate
Ind! Rafe... 04:07 GMT January 11, 2012
EURUSD
Reply
Sell EURUSD
Entry: Target: Stop:
Target Entry Entry Target
1.2906 1.2817 1.2728 1.2639
KL KL 04:05 GMT January 11, 2012
Gold - Ninja Entry
singapore td
Buy and Sell is the Best....that way both sides of paper gold lies can be traded....
ok next lot in 1638.05 avg approx 1637.5.......making 100 pips is all I need on the daily/hourly basis.....
singapore td 03:53 GMT January 11, 2012
Gold - Ninja Entry
buy gold, Soros wants you to believe gold is a bubble because he wants to get lots of cheap gold
KL KL 03:32 GMT January 11, 2012
Gold - Ninja Entry
In short bigger portion gold 1637 this is it....as MJ would say..... Keep adding above every $1-2 above......fields of dream trade or nightmare coming.....
Syd 02:28 GMT January 11, 2012
uk
Reply
dc CB 02:14 GMT hi, no didnt see many thanks for that, its only a matter of time before he gets what is coming to him imho
dc CB 02:14 GMT January 11, 2012
uk
Joe, said this before
Syd, maybe you did not see.
great Tony Blair - retired, by Roman Polanski film
The Ghost Writer
http://www.imdb.com/title/tt1139328/
dc CB 02:07 GMT January 11, 2012
BOD or SOB
I think you should recognize the originator of BOD, SOB.... Van Gecko
and rename your thread appropriately
Cheers
dc CB 02:04 GMT January 11, 2012
Fed Turns Over $77 Billion In Profits to the Treasury
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WASHINGTON — The Federal Reserve said on Tuesday that it contributed $76.9 billion in profits to the Treasury Department last year, slightly less than its record 2010 transfer but much more than in any other previous year.
The Fed is required by law to turn over its profits to the Treasury each year, a highly lucrative byproduct of the central bank’s continuing campaign to stimulate economic growth
NY Times
dc CB 01:45 GMT January 11, 2012
MF Global Holdings Trustee Urges Creditors' Priority
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(Reuters) - The bankruptcy trustee for MF Global Holdings Ltd said that entity's creditors deserve to rank higher in the pecking order for repayment on some claims than customers of its brokerage unit.
In a filing late Monday with the bankruptcy court in Manhattan, trustee Louis Freeh said the holding company has "substantial intercompany claims" against the brokerage unit MF Global Inc, stemming from intercompany loans it made to that unit.
Freeh said such loans are not customer assets, and that any recoveries tied to such loans belong to creditors of the parent company, and should not be diverted to customers of the brokerage unit.
He said he is concerned an "inappropriate interpretation" of relevant statutes could prompt James Giddens, the trustee overseeing the broker-dealer unit, to deny creditors a right to recover from property that was never deposited by customers.
NY Times
USA ZEUS 00:08 GMT January 11, 2012
EUR/USD
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May your successes continue to beget success!
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