Forex Forum Archive for 01/18/2012

GVI Forex john 23:28 GMT January 18, 2012
Trade Talk- Whats Moving Markets

np- just don't look too closely at my stuff! lol

Cambridge Joe 23:11 GMT January 18, 2012
Trade Talk- Whats Moving Markets

Thanks John.... I was bored.... only playing.... ;-))

GVI Forex john 23:09 GMT January 18, 2012
Trade Talk- Whats Moving Markets

Joe- I stand corrected "ensure".

Cheers

Cambridge Joe 22:47 GMT January 18, 2012
Trade Talk- Whats Moving Markets

John.


Saturday sees the South Carolina presidential primary. A clear Romney victory would about insure the Republican nomination. A loss would drag the process on further.


in·sure verb in-ˈshu̇r
in·suredin·sur·ing

Definition of INSURE

transitive verb
1
: to provide or obtain insurance on or for
2
: to make certain especially by taking necessary measures and precautions
intransitive verb
: to contract to give or take insurance
See insure defined for English-language learners »
See insure defined for kids »
Examples of INSURE

We insured our house against fire and flood damage.
I found a company that will insure my car for less than I've been paying.
This policy will insure your car against theft.
She had difficulty finding a company that would insure her.
They take great care to insure the safety and security of their home.
We hope that careful planning will insure success.
He found the language not obscene 
 but did find it intentionally disruptive, and held that school officials had the right to insure that a high-school assembly proceed in an orderly manner, without hoots and howls and all that snickering. —William Safire, New York Times Magazine, 24 Aug. 1986
[+]more
Origin of INSURE

Middle English, to assure, probably alteration of assuren
First Known Use: 1635
Related to INSURE

Synonyms: assure, cinch, guarantee, guaranty, ice, ensure, secure

It seems most likely that the intended word was 'ensure', which means:

en·sure verb in-ˈshu̇r
en·sureden·sur·ing

Definition of ENSURE

transitive verb
: to make sure, certain, or safe : guarantee
See ensure defined for English-language learners »
See ensure defined for kids »
Examples of ENSURE

They took steps to ensure the safety of the passengers.

A combination of 
 personal courage, dashing leadership from the front, willingness to share the toughest rigours suffered by the ordinary soldiers, and a liberal dose of sheer good fortune ensured his stature as a great general. —Paul Cartledge, History Today, July 2004
[+]more
Origin of ENSURE

Middle English, from Anglo-French ensurer, alteration of assurer — more at assure
First Known Use: 1660

Sorry to be pedantic, but you yanks sometime use the wrong words.

Joe

GVI Forex john 22:13 GMT January 18, 2012
Trade Talk- Whats Moving Markets
Reply   

• Key Items AU- Jobs, EZ- Cur/Acct, US- Weekly Jobs, Housing Starts, CPI, Philly Fed, Nat Gas, Weekly Energy. 

• IMF considering increasing its lending capacity by about $600bln, from   $385 bln to $1.0tln. Many wonder who beyond Europe might be willing to increase their contributions. Presumably the concept will be a non-starter in the U.S. during an election campaign? The report gave the EURUSD a lift when it was announced.

• The forex focus remains debt auctions of various European nations. Both Spanish and German auctions went well on Wednesday. Traders continue to be wary of any slips in this process.

• Tensions now center on Greek sovereign debt issues. The big current proposal for holders of Greek debt is for for 15 cents on the dollar in cash and 35 cents in a new 30yr bond. Not all debt holders are happy with this proposal, but there are reports of progress.

• The Japanese Finance Minister today rejected suggestions that Japan peg the JPY to the EUR along the lines of the CHF peg to the EUR. He said the supply of JPY in global markets is simply too large. He warned the MOF continues to monitor the value of the JPY closely.

• Saturday sees the South Carolina presidential primary. A clear Romney victory would about insure the Republican nomination. A loss would drag the process on further. 

Fx Trading Discussion 22:00 GMT January 18, 2012 Reply   

EURUSD Trading Plan

Syd 21:49 GMT January 18, 2012
Keep Your Eye On the Aussie
Reply   
Jan. 18—The land Down Under has a lot to boast about—strong domestic economic growth, a healthy fiscal picture and robust commodity exports—primarily to China and other Asian nations. In fact, during the recent global recession, Australia was the only industrialized nation that did not fall into recession. Looking ahead into 2012, Nomura forecasts a 4.0% gross domestic product (GDP) rate for Australia.

The Reserve Bank of Australia (RBA) boasts the highest official monetary policy rate in the industrialized world —currently at 4.25% That compares to 2.50% for the New Zealand dollar, 1.00% for the euro and zero to 0.25% for the U.S. dollar

GVI Forex john 21:46 GMT January 18, 2012
ALERT- N.Z. CPI
Reply   

Syd 21:40 GMT January 18, 2012
MF Global Investor Protections Trampled In Private Meeting Between Government Regulators
Reply   
In Closed Door Meeting Preceding Bankruptcy Filing, JP Morgan and Goldman Sachs Granted Superiority over MF Global Segregated Accounts

Move Jeopardized Integrity of Futures Markets while Top CFTC Officials Acted As Idle Bystander

This core protection was given away in a closed door meeting between the SEC and CFTC. This article provides details of the closed door meeting, including meeting participants and the profound impact the meeting has on the very integrity of the futures markets.

GVI Forex Blog 21:36 GMT January 18, 2012 Reply   
Key Items AU- Jobs, EZ- Cur/Acct, US- Weekly Jobs, Housing Starts, CPI, Philly Fed, Nat Gas, Weekly Energy. IMF considering increasing its lending capacity by about $600bln, from $385 bln to $1.0tln. Many wonder who beyond Europe might be willing to increase their contributions. Presumably the concept will be a non-starter in the U.S. during an election campaign? The report gave the EURUSD a lift when it was announced.

Forex Trade Talk 00:00 GMT 19 January 2012

GVI Forex john 21:31 GMT January 18, 2012
ALERT- U.S. API Data
Reply   

dc CB 21:15 GMT January 18, 2012
Protests Against Antipiracy Bills Take to the Streets
Reply   
On Wednesday, as many sites around the Web participated in virtual protests against two Congressional antipiracy bills, some opponents to the legislation took their demonstrations offline and into the real world.

The New York Tech Meetup, an eight-year-old trade organization that has nearly 20,000 members, called for those who oppose the proposed bills to rally in Midtown Manhattan outside the offices of Senators Charles E. Schumer and Kirsten E. Gillibrand, who co-sponsored some of the proposed legislation.

A few hundred protesters gathered in metal pens that the police had set up on the sidewalk.

NY Times

Boston eFX 21:13 GMT January 18, 2012
To Save Or To Destroy The Euro: Draghi's Choice
Reply   
Mario Draghi, president of the European Central Bank, is in an unenviable position.

If the ECB does nothing, the euro zone will fall apart. But the ECB's circumscribed on how it can intervene in the sovereign-debt crisis. Direct sovereign-debt monetization is a no-no. It can only buy government bonds if it sterilizes these purchases.

But it does have a pipeline into......

To Save Or To Destroy The Euro: Draghi's Choice (full story)

dc CB 21:12 GMT January 18, 2012
ry F.B.I. Makes Insider Trading Arrests
Reply   
Federal authorities announced insider trading charges against seven people on Wednesday, accusing them of earning nearly $62 million illegally trading on shares of Dell.

The Federal Bureau of Investigation arrested four people across the country as part of the case, an escalation of the government’s aggressive insider trading investigation

d#ealbook.nytimes.com

dc CB 21:07 GMT January 18, 2012
New Laws Possible In Wake of MF Global’s Demise
Reply   
Lawmakers are considering new policies aimed at preventing a repeat of the MF Global debacle, in which the futures brokerage firm misused an estimated $1.2 billion in customer money as it collapsed.

The Senate Agriculture Committee’s decision to explore potential regulatory changes follows pleas from farmers, cattle ranchers and other futures industry customers who seek stronger protections for their money. As an initial step, the committee’s chairwoman, Senator Debbie Stabenow, sent roughly 20 letters on Wednesday to some of the industry’s biggest players, seeking suggestions for new policies.

“The MF Global bankruptcy has raised questions about the regulatory framework that protects these markets,” Ms. Stabenow, Democrat of Michigan, said in the letter.
########################################

ps imho: don't need more regulations just enforce the ones that are aready there. an indictment of Jon Corsine would "prevent" this from happening again.......idiot lawmakers

d#ealbook.nytimes.com

JERUSALEM KB 21:02 GMT January 18, 2012
Forex Trading Plan

Buy EURCAD
Entry: 1.2995 Target: 1.3130-1.3330 Stop: 1.2930

bought

GVI Forex john 20:59 GMT January 18, 2012
USD Pivot Points
Reply   

Pivots	EURUSD	USDJPY	USDCHF	GBPUSD	USDCAD	AUDUSD
Res 3	1.3028	77.14	0.9585	1.5581	1.0225	1.0522
Res 2	1.2946	77.01	0.9540	1.5509	1.0201	1.0474
Res 1	1.2897	76.89	0.9469	1.5469	1.0158	1.0449

Pivot	1.2815	76.76	0.9424	1.5397	1.0134	1.0401

Sup 1	1.2766	76.64	0.9353	1.5357	1.0091	1.0376
Sup 2	1.2684	76.51	0.9308	1.5285	1.0067	1.0328
Sup 3	1.2635	76.39	0.9237	1.5245	1.0024	1.0303

GVI Forex john 20:55 GMT January 18, 2012
USD Bollinger Bands
Reply   

GVI Forex john 20:52 GMT January 18, 2012
USD Moving Averages
Reply   

GVI Forex john 20:46 GMT January 18, 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 20:18 GMT January 18, 2012 Reply   
20:20 GMT (Global-View.com) January 18- The Global-View.com D.O.G. (Dollar, Oil, Gold) investor purchasing power index is ending Wednesday in North America at .5221, -0.56% from its Tuesday close (-2.96% vs. end-2010).

Global-View D.O.G. Index January 18, 2012 U.S. Close

GVI Forex 20:17 GMT January 18, 2012
Forex News
Reply   
The euro rose against the dollar for a second session on Wednesday on increased risk tolerance after reports about a possible increase in the International Monetary Fund's lending capabilities and Fitch Ratings playing down an Italian default.

Forex News - Euro higher a 2nd day but gains seen tenuous

GVI Forex john 20:16 GMT January 18, 2012
Global-View D.O.G. Index
Reply   
20:20 GMT (Global-View.com) January 18- The Global-View.com D.O.G. (Dollar, Oil, Gold) investor purchasing power index is ending Wednesday in North America at .5221, -0.56% from its Tuesday close (-2.96% vs. end-2010).

As for its key subcomponents, the USD forex purchasing power index is .7808, -0.67% (+0.33% 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 .1737, -0.50% (-14.41% ytd).

Against crude, it is at 0.4429, -0.05% (-9.19% 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).

philadelphia caba 20:13 GMT January 18, 2012
eur/chf
Reply   
Buy EURCHF
Entry: 1.2075 Target: 1.3000 Stop: 1.1970

All SNB's credibility is at 1.2000

GVI Forex Blog 19:42 GMT January 18, 2012 Reply   
AUD/USD and NZD/USD outlook next 24 hours: Australia’s employment report for December is today’s major event risk, Westpac’s economists expecting a below-consensus -10,000 jobs change. NZ’s Q4 CPI should be subdued and reflect GST dropping out of the annual headline rate. AUD daily momentum remains positive, the immediate range is 1.0360-1.0450. NZD’s immediate upside target is 0.8120.

Forex - Morning Report (Westpac)

Syd 19:37 GMT January 18, 2012
First Aussie covered bond issued at a premium
Reply   
Australia’s banks may have emerged from the financial crisis relatively unscathed, boasting strong credit ratings and with little exposure to eurozone sovereign debt, but they are not immune to the uncertainty sweeping through global debt markets.

ft

MLT PA 18:41 GMT January 18, 2012
Greek bond talks edge closer to deal
Reply   
"An acceptable deal now seems reachable, perhaps as early as this week," says a senior banker of Greek debt restructuring talks. As floated last night, bondholders would see a loss of 68% in NPV terms. One person close to the talks cautions it was this time last week a deal was thought to be at hand, but things collapsed by Friday.

MLT PA 18:25 GMT January 18, 2012
Bank of NY Mellon, U.S. in forex settlement
Reply   
(Reuters) - Prosecutors and the Bank of New York Mellon Corp have reached a partial settlement over civil fraud charges brought by the government last year accusing the bank of overcharging clients for trading currencies, according to court documents filed on Tuesday.

Bank of NY Mellon, U.S. in forex settlement

msa nsm 18:22 GMT January 18, 2012
spot gold
Reply   
Sell Gold
Entry: Target: Stop:

CPM Group Views on Gold

Gold prices could rise this week, with resistance at $1,680. If prices settle above this level, gold could test $1,700. Profit-taking at these levels could drive prices back toward $1,620. Physical demand for gold in China is expected to rise this week, ahead of China’s Lunar New Year next week. Physical demand in India could soften however, as the govern-ment raised import taxes on the metal to 2% of the value from a flat rate of Rs.300 ($5.93) for 10 grams. At today’s gold price the new import tax stands at $10.70 for 10 grams of gold. Open interest in the nearby ac-tive February Comex gold contract declined to 16.8 million ounces on 13 January from 21.5 million ounces on 6 January. An increase in prices accompanied by a decline in open interest suggests that market partici-pants were closing out their short positions. Total open interest rose toward the end of last week, after declining in the first half, to 42.7 million ounces, up from 41.8 million ounces on 6 January.

MLT PA 18:16 GMT January 18, 2012
Companies Spread Banking Bets
Reply   
U.S. companies are increasingly reconsidering their relationships with European lenders, looking instead to banks from Canada, Japan or China to ensure their credit lines remain available. FMC, Avnet (AVT) and Duke Energy (DUK) have gone that route in recent months, with more expected to follow as ~$360B of investment-grade loans mature in 2012

msa nsm 18:04 GMT January 18, 2012
eurjpy

also worth noting is aussie, near breakout or failure, 4 hours to go

msa nsm 17:53 GMT January 18, 2012
eurjpy
Reply   
Buy EURJPY
Entry: Target: Stop:

testing resistant, keeping watchful eye on the 4hr close

GVI Forex Jay 17:52 GMT January 18, 2012
Trade Talk- Whats Moving Markets

As posted on GVI Forex

GVI Forex john 17:41 GMT January 18, 2012
Headline: Reply
CNBC reporting Treasury told them "no way" to more money for IMF. "Europe has to fix its own problems".

Boston eFX 17:47 GMT January 18, 2012
Buy EUR/JPY At 98.40 - HSBC
Reply   
HSBC recommends that investors buy EUR/JPY at 98.40, as the risk of a short-term reversal for JPY over the next few weeks is growing, especially against EUR.

"The JPY is no longer relatively cheap, current account and portfolio flows are .....

Buy EUR/JPY At 98.40 - HSBC (full story)

msa nsm 17:47 GMT January 18, 2012
EUR/USD

12880???????

msa nsm 17:40 GMT January 18, 2012
EUR/USD

Greek Debt Deal Seen By End Of Week, Govt Official Tells Dow Jones

USA ZEUS 17:35 GMT January 18, 2012
EUR/USD Marvelous Monday

Lock-in more from B/E

msa nsm 17:33 GMT January 18, 2012
EUR/USD

not yet, still got 12880, mass sl are in place there, if we took this long to break 12845 wonder how long for 12880.......

USA ZEUS 17:33 GMT January 18, 2012
EUR/USD

SAR...SOB

GVI Forex Jay 17:31 GMT January 18, 2012
Trade Talk- Whats Moving Markets

Saar KaL 17:28 GMT January 18, 2012
KaL's Trend and Level

Bearish all this month till End of Feb
1.2000 to 1.1800
then Bulish into 1.45 to 1.47
Takes months sometimes for the turn

USA ZEUS 17:28 GMT January 18, 2012
EUR/USD

USA ZEUS 14:18 GMT January 18, 2012
EUR/USD:
IS EUR/USD going to tackle the daily high?
DEFCON 1
____________________________________________________

Target Neutralized.
Rogue Warrior.

Chi RS 17:27 GMT January 18, 2012
EUR/USD

Stocks at highs for the day

msa nsm 17:19 GMT January 18, 2012
EUR/USD

wow! its all quiet, guess euro is still a driving force across the board.

nyc jy 17:18 GMT January 18, 2012
EUR/USD

It has been a day of false starts and dashed hopes within a tight range.

USA ZEUS 17:13 GMT January 18, 2012
EUR/USD

Rise of the Sith

msa nsm 17:11 GMT January 18, 2012
EUR/USD

hehe, each side protecting its stops, funny how markets behave when none is willing to give up, most are on the sidelines waiting to gash in once we have a winner. "battle at krugar" ;-)

USA ZEUS 17:09 GMT January 18, 2012
EUR/USD

Here we go...

dc CB 17:03 GMT January 18, 2012
"Lather. Rinse. Repeat" Broken Markets
Reply   


The cycle looks like this: time passes and the crisis deepens. Markets, eternal creatures of habit, begin to reflect the ensuing fear. Then, just as things appear ready to unravel, there is a reprieve, as red headlines race across the screen: "Sarkozy and Merkel to Meet at Deauville", "Obama Phones Cameron", or "Christine Lagarde Waves from Bus". The market jumps.

David Einhorn via ZH

USA ZEUS 17:03 GMT January 18, 2012
News

Bad news must be good news. The market is an efficient discounting mechanism. News is old. Capital at risk is instant!

Cheers!

MLT PA 16:57 GMT January 18, 2012
News
Reply   
With Greek default (the kind where even EU ministers will admit such) looking more likely, markets move on to Portugal, where the 10-year bond yield hits a euro-era high of 14.49%. The yield is about 200 bps higher since Friday's S&P downgrade which lowered the country's paper to junk status.

Fitch could downgrade Italy by two notches, senior director Alessandro Settepani says, adding that the agency's committee will assess the country's rating "on the basis of refinancing levels and measures for growth." Fitch has already said it will probably downgrade Italy by the end of this month.

USA ZEUS 16:55 GMT January 18, 2012
EUR/USD

msa nsm 16:51 GMT January 18, 2012

I'm stuck in discipline mode. Plan the trade, trade the plan.
Win or lose the battle, the outcome of the war is certain.

Cheers!

Open 16:51 GMT January 18, 2012 Reply   

Operation "Perfect Hedge": Arrests in Insider Trading (Vid)

msa nsm 16:51 GMT January 18, 2012
EUR/USD

I think they need to stand aside and see who'll let go first or who has the might, bulls or bears ;))

GVI Forex john 16:48 GMT January 18, 2012
Global-View.com Forex Heat Maps
Reply   

Be Sure to Refresh Forum Manually to Update Heat Map.

USA ZEUS 16:48 GMT January 18, 2012
EUR/USD

Here comes the squeeze. Don't feel the pinch.

MLT PA 16:47 GMT January 18, 2012
Greek debt default possible without market mayhem
Reply   
Jan 18 (Reuters) - Europe still has a chance of safely shepherding Greece through an increasingly inevitable default and could restore faith that investors can protect themselves against governments not repaying debt.

Greek debt default possible without market mayhem

USA ZEUS 16:43 GMT January 18, 2012
EUR/USD

BOD. Even Marcinko knew who to call up when SEAL Team Six needed their best sniper.

Cheers!

GVI Forex Jay 16:42 GMT January 18, 2012
Trade Talk- Whats Moving Markets

TradetheNews.com

GVI Forex 16:26 GMT January 18, 2012
Global Markets News
Reply   
EUR/USD maintained a foothold above the 1.28 handle aided by several bits of commentary out of Europe. The IMF issued a formal statement on resources to clarify earlier speculation, and confirmed it needed to raise $500B in new resources (including the prior $200B commitment from EU) and explore options on financing. Finland and the EU were said to be nearing an agreement to approve ESM launch in July.

TradeTheNews.com US Market Update

USA ZEUS 16:24 GMT January 18, 2012
EUR/USD

msa nsm 16:19 GMT January 18, 2012

Roger that alpha leader.

GLGT!

msa nsm 16:23 GMT January 18, 2012
EUR/USD

Mmmhh market chatter of nz or undisclosed shorts covering? Which would you pick

USA ZEUS 16:22 GMT January 18, 2012
EUR/USD

In this market you must be as precise and accurate as my new Barrett 82A1

msa nsm 16:19 GMT January 18, 2012
EUR/USD

Taking my chances here looking for 2940. Atleast hehe

USA ZEUS 16:15 GMT January 18, 2012
EUR/USD

msa nsm 16:08 GMT January 18, 2012

Should we SAR and sell the SOB?

nyc ws 16:15 GMT January 18, 2012
EUR/USD

Zeus is there a chance you can say what you mean in plain English. It would be appreciated.

msa nsm 16:08 GMT January 18, 2012
EUR/USD

Rumors of nz downgrade

USA ZEUS 16:04 GMT January 18, 2012
EUR/USD

Sticking to our gunz.
Will EUR/USD risre to the occasion?

USA ZEUS 16:03 GMT January 18, 2012
EUR/USD

Flea Flicker Off The Screen.
Don't get fooled by the misdirection!

Cheers!

Chicago tt 16:03 GMT January 18, 2012
EUR/USD

Two way trade

BOD as long as above 1.28 for scalping

SOB can same same as long as below 1.2845-50

It will not last

msa nsm 15:57 GMT January 18, 2012
EUR/USD

Profit taking on shorts reported, caution

USA ZEUS 15:56 GMT January 18, 2012
EUR/USD

Forex dealers taking their lead today from the 49ers this weekend-

http://www.youtube.com/watch?v=2wEVt-my2ms

msa nsm 15:55 GMT January 18, 2012
EUR/USD

Bulls at 1.2800 still have some ammunition left?

USA ZEUS 15:49 GMT January 18, 2012
EUR/USD

Watch out for the hook and ladder.
Even the Giants might be surprised by it this weekend.

USA ZEUS 15:48 GMT January 18, 2012
EUR/USD

Excellent.

USA ZEUS 15:47 GMT January 18, 2012
EUR/USD

Need a Bush push. Where's Reggie when you need him?

msa nsm 15:45 GMT January 18, 2012
EUR/USD

Come on bulls, Zeus give it a push?

GVI Forex Blog 15:43 GMT January 18, 2012 Reply   
January 18 (global-view.com) UPCOMING DATA HIGHLIGHTS for Thursday, January 19. Updated: Trading Events Calendar: Far East: NZ- PPI, AU- Employment.

GVI Forex- Data Outlook for January 19, 2012

USA ZEUS 15:41 GMT January 18, 2012
EUR/USD

I am like Tim Tebow.
Some love and some love to hate.

Cheers!

msa nsm 15:40 GMT January 18, 2012
EUR/USD

Eurjpy at crossroads!!!!!

GVI Forex john 15:40 GMT January 18, 2012
Calendar
Reply   


January 18 (global-view.com) UPCOMING DATA HIGHLIGHTS for Thursday, January 19. Updated: Trading Events Calendar:

USA ZEUS 15:39 GMT January 18, 2012
EUR/USD

Imminent attack

Boston eFX 15:34 GMT January 18, 2012
FOREX FOCUS: Real Yields Will Lift Sterling Back Up Again
Reply   
(Dow Jones via eFXnews)Sterling bears really shouldn't get too excited.

Talk of more quantitative easing from the Bank of England may be undermining the pound a little at the moment.

This has been enough to push the sterling trade-weighted index down to 80.6 now from a high of 81.70 as 2011 turned into 2012.

But with real yields set to make U.K. government bonds, or gilts, even more attractive than they are already, investor flows into sterling will .....

FOREX FOCUS: Real Yields Will Lift Sterling Back Up Again (full story)

USA ZEUS 15:28 GMT January 18, 2012
EUR/USD

Scalps, swings and core trend positions can all vary.

nyc ws 15:22 GMT January 18, 2012
EUR/USD

Zeus are you implying that you go both ways?

USA ZEUS 15:19 GMT January 18, 2012
EUR/USD

BOD?

USA ZEUS 15:11 GMT January 18, 2012
EUR/USD

SOB?

UK Malc 15:08 GMT January 18, 2012
Morgan Stanley Is Staying EUR/USD Bearish

Can someone post a chart with that channel top as I cannot reproduce it. tis

Plovdiv Gotin 15:03 GMT January 18, 2012
Morgan Stanley Is Staying EUR/USD Bearish

"The bank says only a move above the upper boundary of the major descending channel at 1.2895 is a game changer, while below here pressure stays on the downside."

Correct but 1.2877 .

GVI Forex john 15:00 GMT January 18, 2012
ALERT- U.S. NAHB Index
Reply   

nyc ws 14:51 GMT January 18, 2012
EUR/USD

Zeus, crosses supporting that view

Saar KaL 14:46 GMT January 18, 2012
KaL's Trend and Level

EURGBP selling til month end
adding w/ spikes

USA ZEUS 14:30 GMT January 18, 2012
EUR/USD

nyc ws 14:25 GMT January 18, 2012

Bullish for the pair yes but you are probably right.
I can be 100% wrong of course just like any other.

Cheers!

nyc ws 14:25 GMT January 18, 2012
EUR/USD

I take that as a bullish call. Last year's low at 1.2858 is important. It looks like more action in eur crosses (profit taking) than usd outright.

dc CB 14:24 GMT January 18, 2012
ALERT- U.S. TIC Data

Today's TIC data confirmed what Zero Hedge readers have now known for quite some time: namely that foreigners are selling US paper. And while we have used contemporaneous Custody Account data from the Fed to present that in the past 7 weeks foreigners have sold a record amount of bonds, we now get confirmation via TIC that in November the selling continued, especially at the biggest non-Fed holder of US paper, China, which saw its holdings down to $1,132.6 billion, the lowest in the past year.

Yet where the selling is just relentless is in Russia, which has quite demonstratively slashed its US Treasury holdings in half in the past year from $176 billion to under $80 billion. Putin is not happy, and is not afraid to show it.

ZH

USA ZEUS 14:18 GMT January 18, 2012
EUR/USD

EUR up up up!?

USA ZEUS 14:18 GMT January 18, 2012
EUR/USD

IS EUR/USD going to tackle the daily high?
DEFCON 1

USA ZEUS 14:17 GMT January 18, 2012
EUR/USD

Equity. Either USD up or EUR up then.

GVI Forex john 14:16 GMT January 18, 2012
ALERT- U.S. Industrial Production/Capacity Utilization
Reply   

nyc ws 14:13 GMT January 18, 2012
EUR/USD

You tell me. I assume blastoff = up?

Fx Trading Discussion 14:12 GMT January 18, 2012 Reply   

EURUSD Trading Plan

USA ZEUS 14:10 GMT January 18, 2012
EUR/USD

Blastoff for shorts or longs? TIA

nyc ws 14:10 GMT January 18, 2012
EUR/USD

You said blastoff.

kl fs 14:05 GMT January 18, 2012
audusd

yes msa nsm, forget about COT, the forum is the real COT ;)

USA ZEUS 14:02 GMT January 18, 2012
EUR/USD

nyc ws 13:57 GMT January 18, 2012

Long or short abort?

GLGT!

GVI Forex john 14:01 GMT January 18, 2012
ALERT- U.S. TIC Data
Reply   

nyc ws 13:57 GMT January 18, 2012
EUR/USD

Zeus, abort the take off.

USA ZEUS 13:34 GMT January 18, 2012
EUR/USD
Reply   
Blastoff!?

GVI Forex john 13:33 GMT January 18, 2012
ALERT- U.S. PPI

Mixed PPI data unlikely to impact the conduct of monetary policy.

GVI Forex john 13:30 GMT January 18, 2012
ALERT- U.S. PPI
Reply   

Boston eFX 13:17 GMT January 18, 2012
Morgan Stanley Is Staying EUR/USD Bearish
Reply   
Morgan Stanley is staying EUR/USD bearish despite the prospect of some further corrective upside today.

The bank says only a move above......

Morgan Stanley Is Staying EUR/USD Bearish (full story)

dc CB 13:13 GMT January 18, 2012
The COMEX is no longer a credible marketplace.
Reply   
“You now have international funds, whose compliance departments are saying to them, ‘You can no longer trade on the Comex because the CME did not back client accounts.’ There are a tremendous number of international funds and hedge funds that can no longer trade on the COMEX as of the first of this year because of compliance reasons and no one is talking about this. This is huge news.

London Trader interview

GVI Forex Jay 12:45 GMT January 18, 2012
Forex Weathermap - EURUSD

fwiw eurusd held just above first support at 1.2775 on the IMF dip

Boston eFX 12:43 GMT January 18, 2012
AUD Getting Pulled Both Ways Notes BNPP
Reply   
(Dow Jones via eFXnews) AUD getting pulled both ways notes BNPP as on the one hand, hopes that the risk of a Chinese hard landing is easing are supporting the currency, and on the other, positioning is "clearly stretched", the bank says.

Crowded positioning means the currency is....

AUD Getting Pulled Both Ways Notes BNPP (full story)

MLT PA 12:43 GMT January 18, 2012
Yields fall for Geany at 2-year note auctionrm

Subject should read:
Yields fall for Germany at 2-year note auction

London Mick 12:42 GMT January 18, 2012
Trade Talk- Whats Moving Markets

What happens with Greece debt is more important than the IMF news.

MLT PA 12:41 GMT January 18, 2012
Yields fall for Geany at 2-year note auctionrm
Reply   
Germany sells €3.44B of 2-year paper priced to yield 0.17% vs. 0.29% at December's auction. The bid-to-cover ratio on the auction was 2.2 times.

Like the Chinese hoovering up dollars and funneling them back into U.S. Treasuries, the Swiss - trying to hold back the franc's value - are buying euros by the billions and parking them in German debt.

GVI Forex Alert 12:14 GMT January 18, 2012
Trade Talk- Whats Moving Markets

London Misha 12:00 GMT January 18, 2012
Observations
Reply   
EURUSD - Two White Soldiers on Daily Chart.
USDJPY - Bullish Doji on Daily Chart.
GBPUSD - Possible Shooting Star & still possible Bearish Advance Block forming on Daily Chart.
USDCHF - Big Key Reversal Down on Daily Chart.
EURGBP - Long White Marubozo on Daily Chart.
EURJPY - Long White Marubozo follows Bullish Hammer on Daily Chart.
USDCAD - 2nd Black Crow follows Bearish Engulfing Pattern on Daily Chart.
AUDUSD - Open White Marubozo broke Long MA & Top of Ascending Triangle. However, does not close over either.

GVI Forex 11:57 GMT January 18, 2012
Forex News
Reply   
The euro rallied broadly on Wednesday after a ratings agency appeared to soften its stance regarding its outlook on Italy, while a media report that the IMF would boost its funding capabilities also pushed the single currency higher.

FOREX NEWS - Euro rallies on Fitch, IMF comments, but risks selling

Forex Signals 11:55 GMT January 18, 2012 Reply   

Usd/CHF Divergence in Place

msa nsm 11:43 GMT January 18, 2012
audusd
Reply   
Fs, bravo pal on bear usd, one against all ;-)

Fx Trading Discussion 11:41 GMT January 18, 2012 Reply   

EURUSD Trading Plan

hk ab 11:36 GMT January 18, 2012
e/j
Reply   
where are the e/j boiled frogs?

Trading Systems 11:34 GMT January 18, 2012 Reply   

Track FM's Robots

GVI Forex Jay 11:33 GMT January 18, 2012
Forex Weathermap - EURUSD
Reply   
Over the first 12 days of the year the eurusd scorecard is even, 6 up days and 6 down days. Upon closer inspection the skew is down and is currently -131 pips vs. the 2011 close with the avg down days at -83 pips vs. +47 for the up days. Nevertheless, the price action shows this has not been a one way street

Forex Weathermap - EURUSD

GVI Forex john 11:21 GMT January 18, 2012
Trade Talk- Whats Moving Markets

DAX +22

futures:
DJ +36
SP +4

Correlation trade has been working in Europe today.

GVI Forex 11:12 GMT January 18, 2012
Global Market News
Reply   
The USD began the European session on softer footing but contained in recent ranges for the bulk of the morjing. The EUR/USD made another attempt to breech the 1.28 handle early probing the hourly downtrend line over the last three weeks. However comments from a senior director at Fitch who warned that a two-notch downgrade of Italy was an option.

TradeTheNews.com European Market Update: IMF set to again propose increasing lending resources by $1.0T by the next G20 Summit

GVI Forex john 11:01 GMT January 18, 2012
Global-View.com Forex Heat Maps
Reply   

Be Sure to Refresh Forum Manually to Update Heat Map.

GVI Forex john 10:54 GMT January 18, 2012
Trade Talk- Whats Moving Markets
Reply   

• Key Items US- PPI, IP/CU BOC MPR. 

• The forex focus remains debt auctions of various European nations. Traders continue to be wary of any slips in this process.

• The Japanese Finance Minister today rejected suggestions that Japan peg the JPY to the EUR along the lines of the CHF peg to the EUR. He said the supply of JPY in global markets is simply too large. He warned the MOF continues to monitor the value of the JPY closely.

• Tensions now center Greek sovereign debt issues. The big current proposal for holders of Greek debt is for for 15 cents on the dollar in cash and 35 cents in a new 30yr bond. Not all debt holders are happy with this proposal.

GVI Forex Blog 10:45 GMT January 18, 2012 Reply   
Key Items US- PPI, IP/CU BOC MPR. The forex focus remains debt auctions of various European nations. Traders continue to be wary of any slips in this process. The Japanese Finance Minister today rejected suggestions that Japan peg the JPY to the EUR along the lines of the CHF peg to the EUR. He said the supply of JPY in global markets is simply too large. He warned the MOF continues to monitor the value of the JPY closely.

Forex Trade Talk 11:00 GMT 18 January 2012

GVI Forex Jay 10:36 GMT January 18, 2012
news

News: IMF to propose boosting lending capacity by $1.0 tln (posted on GVI Forex)

GVI Forex Blog 10:36 GMT January 18, 2012 Reply   
10:40 GMT (Global-View.com) January 18- The Global-View.com D.O.G. (Dollar, Oil, Gold) investor purchasing power index is opening Wednesday in North America at .5224, -0.51% from its Tuesday close (-2.90% vs. end-2010).

Global-View D.O.G. Index January 18, 2012 U.S. Open

Dubai SAS 10:36 GMT January 18, 2012
Long USDCAD

Dubai SAS 18:24 GMT January 16, 2012
Buy USDCAD
Entry: 1.0174 Target: Open Stop: 1.0080
Long now, looking to add lower if seen ...

added one more at 1.0123 .. no stops for now

GVI Forex john 10:33 GMT January 18, 2012
Global-View D.O.G. Index
Reply   
10:40 GMT (Global-View.com) January 18- The Global-View.com D.O.G. (Dollar, Oil, Gold) investor purchasing power index is opening Wednesday in North America at .5224, -0.51% from its Tuesday close (-2.90% vs. end-2010).

As for its key subcomponents, the USD forex purchasing power index is .7823, -0.40% (+0.52% 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 .1739, -0.35% (-14.28% ytd).

Against crude, it is at 0.4398, -0.76% (-9.83% 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).

UK JMalc 10:32 GMT January 18, 2012
KaL's Trend and Level

Paris how about adding something constructive.

HK Li 10:27 GMT January 18, 2012
news
Reply   
News pls??

paris linda 10:16 GMT January 18, 2012
KaL's Trend and Level

Saar kal marches into rapid big losses. that guy is the best indicator for taking the opposite trade.

Saar KaL 09:41 GMT January 18, 2012
KaL's Trend and Level

lONG usdchf

GVI Forex john 09:39 GMT January 18, 2012
ALERT- U.K. Employment
Reply   

Saar KaL 09:26 GMT January 18, 2012
KaL's Trend and Level

ADDED CABLE EURUSD AND GBPNZD SHORTS

Bensheim 09:24 GMT January 18, 2012
EUR
Reply   
EUR against USD in M30 chart have a signal that eur should go down and H1 also create a signal that eur should go down but eur don't want to go to south. ??

Lahore FM 09:02 GMT January 18, 2012
" Trade Ideas "

Sell Gold
Entry: 1657.05 Target: Stop: 1661 bid for half

Lahore FM 04:56:18 GMT - 01/18/2012

Sell Gold
Entry: 1657.05 Target: Stop: 1665
sold.
--

half closed 1649.30.sl lowered for rest.

Syd 08:49 GMT January 18, 2012
World Bank's crisis warning
Reply   
www.smh.com.au/business/world-business/world-banks-crisis-warning-20120118-1q5n7.html

Saar KaL 08:11 GMT January 18, 2012
KaL's Trend and Level

I think for the following week
from 1.23 area is bullish till 1.27 again
they will kick hungry...when eurusd heads to 1.23
goes up again to 1.27 ---> news will say cause Hungry is out...that's why eurusd is going north

Saar KaL 07:58 GMT January 18, 2012
KaL's Trend and Level

London Traders are pulling da hammers from under their desks
Hungary is finished with the comin drop

Saar KaL 07:44 GMT January 18, 2012
KaL's Trend and Level

added eurjpy and gbpnzd shorts here

Saar KaL 06:53 GMT January 18, 2012
KaL's Trend and Level

Guys
I think EURUSD is now blind sell
heading to 1.25
and fast

GVI Forex Blog 06:49 GMT January 18, 2012 Reply   
- (CN) CHINA DEC ACTUAL FOREIGN DIRECT INVESTMENT (FDI) Y/Y: -12.7% V -9.8% PRIOR; 2011 FDI: +9.7% to $116B (record high) - (CN) CHINA DEC NEW HOME PRICES DECREASE M/M IN 52 OF 70 CITIES V 49 CITI

TheNews.com Asian Market Update: Cautious trading ahead of long Chinese holiday and EU debt auction

KL KL 06:41 GMT January 18, 2012
Ninja Gold trading entry

in now short again 1657.5...will add every $2 above....

Saar KaL 06:25 GMT January 18, 2012
KaL's Trend and Level

friday close @ sigma
I suggest you buy gold with any dip and keep

Friday, January 20, 2012

EUR/USD 1.2720 1.2316 Sell
USD/JPY 77.2237 76.3152
GBP/USD 1.5494 1.5196
USD/CHF 0.9810 0.9492 Buy
AUD/USD 1.0485 1.0158
USD/CAD 1.0380 1.0106
NZD/USD 0.8156 0.7870
EUR/GBP 0.8271 0.8085 Sell
EUR/JPY 97.2773 94.9358 Sell
GBP/JPY 118.7467 116.7487
GBP/CHF 1.4990 1.4617 Buy
GBP/CAD 1.5897 1.5531
GBP/NZD 1.9139 1.8697
GBP/AUD 1.5048 1.4680
NAS100 2,455.80 2,396.30
SPX500 1,327.19 1,293.27
US30 12,684.97 12,388.28
USOil 106.44 98.66
XAU/USD 1,720.74 1,658.19 Buy
XAG/USD 32.72 29.90

Saar KaL 06:20 GMT January 18, 2012
KaL's Trend and Level

Target Day is friday
Now starting to place new orders
for these
EUR/USD Sell

USD/CHF Buy

EUR/GBP Sell
EUR/JPY Sell

GBP/CHF Buy



USD/CHF 0.9755 0.9439
USD/CHF 0.9790 0.9404
USD/CHF 0.9825 0.9370

EUR/GBP 0.8383 0.8195
EUR/GBP 0.8402 0.8176
EUR/GBP 0.8422 0.8157


GBP/CHF 1.4767 1.4397
GBP/CHF 1.4808 1.4355
GBP/CHF 1.4850 1.4313

gl

prague viktor 05:52 GMT January 18, 2012
buy the euro
Reply   
Buy EURUSD
Entry: Target: Stop:

IMO the euro is for the next few weeks tgt is1,29-1,32b4 thereal drop will starr

G/L G/T

Boston eFX 05:35 GMT January 18, 2012
MONEY TALKS: So Why Is The UK Rated Triple-A?
Reply   
(Dow Jones via eFXnews) Why was France downgraded by Standard & Poor's last week, while the U.K. got to keep its triple-A rating?

After all, the U.K. has had a worse recession, has a bigger deficit, has had higher inflation and has almost as big a total government debt load relative to GDP, while having a more heavily indebted private sector.

The difference, Keynesians say, is that ....

MONEY TALKS: So Why Is The UK Rated Triple-A? (full story)

Ind! Rafe... 05:12 GMT January 18, 2012
GBPJPY
Reply   
Sell GBPJPY
Entry: Target: Stop:

GBPJPY 126.62 120.79 118.48 112.64

Lahore FM 04:56 GMT January 18, 2012
" Trade Ideas "

Sell Gold
Entry: 1657.05 Target: Stop: 1665

sold.

KL KL 04:04 GMT January 18, 2012
Ninja Gold trading entry

ok out all long here on gold 1653.7...SAR and short here & become a SOB ...... LOL.... How insulting......

keep adding again at 1655.....time to eat the BBQ the frog for Chinese New Year.....pity I only eat the legs...

so nice my internet is 100% again.....can trade ninja without stress

Open 03:01 GMT January 18, 2012 Reply   

EUR/USD Daily Asia Outlook 01/18

Open 03:01 GMT January 18, 2012 Reply   

GBP/USD Daily Asia Outlook 01/18

Open 03:00 GMT January 18, 2012 Reply   

USD/CAD Daily Asia Outlook 01/18

Open 03:00 GMT January 18, 2012 Reply   

USD/CHF Daily Asia Outlook 01/18

Dillon AL 02:52 GMT January 18, 2012
Australian dollar makes European assets cheaper



Monthly triangle breakouts (which presumably everyone is looking at to formulate their bullish stance on the Aud) are frequently a false break when they occur so close to the nose)

Syd 02:36 GMT January 18, 2012
Australian dollar makes European assets cheaper
Reply   
EUROPE'S woes could be Australia's gain.
The crisis in the debt-ridden eurozone and the strength of the Australian dollar open the door for local companies to buy assets cheaper in Europe, according to Barclays Capital.
.

Syd 02:30 GMT January 18, 2012
The Australian dollar hit a 27-year high against the British pound
Reply   
THE dollar soared to a 27-year high against the British pound and a 24-year high against the euro and its precursor currencies as Australia emerged as a safe haven for global currency investors looking to diversify outside the troubled eurozone region.

With China data effectively leading markets to price out expectations of a hard landing, prospects for the dollar remain solid especially with both investment and consumption the key drivers of the Chinese economy,” BNP Paribas said.

Boston eFX 02:29 GMT January 18, 2012
EUR/USD Steady; Likely Capped At 1.2810
Reply   
The EUR/USD will likely be capped at Tuesday's high of 1.2810 in Asia as demand for sell-on-rally remains strong amid lingering concerns over the European debt crisis, says Osao Iizuka, head of FX trading at Sumitomo Trust & Banking.

"The topside will be ......

EUR/USD Steady; Likely Capped At 1.2810 (full story)

GVI Forex Jay 02:02 GMT January 18, 2012
Ninja Gold trading entry

KL We would like to see BOD and SOB become standard talk on the forum. It is a great way to express a bias.

KL KL 01:52 GMT January 18, 2012
Ninja Gold trading entry
Reply   
ok covering all gold shorts here....1646...and SAR Long....

Looks like 1668 is distant memory.....rats should have kept more...but who knows....keeping 1 lot for memories...

Wonder if the Boiled frog is coming to life now....LOL.....and don't forget to sell GOLOD higher...like near 1654...

Going to ninja trade long this dip to near 1644 to 1647.......must be the CME margin or Tax fraud news......LOL..

Sell the rally 1650 becoming distant memories if Asia bearish on gold.....or shall I say BOD or SOB...lol

Indo jak 01:40 GMT January 18, 2012
EUR

1.2456

Boston eFX 01:34 GMT January 18, 2012
Goldman's O'Neill: Europe Needs Growth, Not Austerity
Reply   
Europe needs growth, not austerity, says Jim O'Neill of Goldman Sachs Asset Management. Fiscal tightening, as prescribed by Germany, could weaken growth and lead to larger deficits, he says.

While the goal of these painful measures is for Greece, Portugal, Spain and Italy to improve their ....

Goldman's O'Neill: Europe Needs Growth, Not Austerity (full story)

HK Lan 01:28 GMT January 18, 2012
EUR

1.2777

Chicago DV 01:01 GMT January 18, 2012
EUR

1.25 or 1.29?

Mtl JP 00:50 GMT January 18, 2012
EUR

the current disease - Greek imminent default - should see a euro relief rally once it gets "cured" as the Greek pukes, stumbles and finally keels over.

France sub AAA
Austrai sub AAA
ESFS sub AAA
Greek volunteering 68% haircut, up from 50% to the freemarket players...
German screaming (in public anyway) no QE from ECB
German yelling and screaming no more german taxpayer money

Probably a good time to take a look which are the AAA bond markets left.

Boston BR 00:34 GMT January 18, 2012
EUR

It is hard to see it moving too high with Greece hanging over the euro like a storm cloud.