KL KL 23:44 GMT January 25, 2012
ninja trading entry
ok happy to cover gold trade here 1708.8...reshort above 1710.9...same cover for audusd 1.0595 and eurusd 1.3107....now focus on Selling gold only.....or maybe surusd only.....lets see how it plays out in 1 hour....
Was a nothing day as far as indices is concerned....SELL
Mtl JP 23:26 GMT January 25, 2012
Trade Talk- Whats Moving Markets
trivia...
a paid ticket to Davos shindig costs $71,000.
a pair with admission to everything is $300,000.
GVI Forex john 23:00 GMT January 25, 2012
Calendar
Reply
January 25 (global-view.com) UPCOMING DATA HIGHLIGHTS for Thursday, January 26.
Updated: Trading Events Calendar:
Far East: AU- Holiday. CN- Lunar New Year (all week).
Europe: GB- CBI- Distributive Trades.
North America: US- Weekly Jobs, Durable Goods, New Home Sales, Natural Gas, 7-yr.
GVI Forex john 22:55 GMT January 25, 2012
News of the Day Forum
Reply
Visit the G-V
News of the Day Forum
for an extract of relevant posts on the
market news flow for the day. The real time extract is taken from the Forex Forum and GVI Forex.
ALSO periodic bond yield updates from GVI. You can also find the link on the Forum Directory under the "FORUMS" or "Today's News" links at the top of our pages.
GVI Forex john 22:21 GMT January 25, 2012
USD Pivot Points
Reply
Pivots EURUSD USDJPY USDCHF GBPUSD USDCAD AUDUSD
Res 3 1.3368 78.90 0.9440 1.5866 1.0238 1.0854
Res 2 1.3244 78.59 0.9389 1.5772 1.0192 1.0736
Res 1 1.3177 78.15 0.9301 1.5719 1.0116 1.0672
Pivot 1.3053 77.84 0.9250 1.5625 1.0070 1.0554
Sup 1 1.2986 77.40 0.9162 1.5572 0.9994 1.0490
Sup 2 1.2862 77.09 0.9111 1.5478 0.9948 1.0372
Sup 3 1.2795 76.65 0.9023 1.5425 0.9872 1.0308
dc CB 22:00 GMT January 25, 2012
COMEX Gold
hearts aflutter
USA ZEUS 21:56 GMT January 25, 2012
EUR/USD
The levels are dynamic of course.
Cheers!
USA ZEUS 21:53 GMT January 25, 2012
EUR/USD
Reply
Short term structural key support levles-
1.3092
1.3075
1.3060
1.3055
1.2961
1.2910
USA ZEUS 21:50 GMT January 25, 2012
EUR/$
Just the same as Captain America!
Cheers!
Israel Dil 21:48 GMT January 25, 2012
EUR/$
joe
A hero, isn't he?
Cambridge Joe 21:40 GMT January 25, 2012
EUR/$
Thanks Dil... already did so !
Israel Dil 21:37 GMT January 25, 2012
EUR/$
joe
Just google:
George Soros 60 minutes
George Soros kapo
you are welcome Joe
GVI Forex john 21:32 GMT January 25, 2012
Trade Talk- Whats Moving Markets
Reply
-
Key
Items US- Weekly Jobs, Durable Goods, New Home Sales.
-
The
Fed held rates steady as expected. Focus was more on comments than
rates. The Fed policy statement was dovish. Many of the pundits were wrong. Fed
extended the period for exceptionally low rates through "at least LATE-2014" (from mid-2013).
-
Headline
German Ifo survey data better than forecast. Conditions and
Expectations Indices mixed. Markets sold EURUSD afterwards.
-
U.K.
GDP data were a touch softer and the latest BOE Minutes were mixed
and there fore less dovish than recently.
-
Australian
Quarterly CPI data softer than forecast. A lot made of Japan trade
deficit. Strong JPY and slack overseas export demand blamed. .
-
Greek sovereign debt
negotiations have broken down after bond interest rate impasse. A 4% coupon works out to about
a 70% haircut for private holders, while 3.75% works out to 75%
to 80% write-down.
-
End of
fiscal year Japanese life insurance investment adjustment activity
coming into focus?
USA ZEUS 21:26 GMT January 25, 2012
EUR/USD
Reply
Stop lifted for now.
Cheers!
GVI Forex Blog 21:22 GMT January 25, 2012
Reply
Key Items US- Weekly Jobs, Durable Goods, New Home Sales.
The Fed held rates steady as expected. Focus was more on comments than rates. The Fed policy statement was dovish. Many of the pundits were wrong. Fed extended the period for exceptionally low rates through "at least LATE-2014" (from mid-2013).
Forex Trade Talk 00:00 GMT 26 January 2012
dc CB 21:17 GMT January 25, 2012
The MF Global Bankruptcy Filing: Did the Regulators Sell Out the Public for JP Morgan?
Reply
What seems fairly obvious is that the law calls for MF Global to file a Chapter 7 bankruptcy in which customers are given seniority to creditors, rather than a Chapter 11 non-broker bankruptcy in which the customer interests are not upheld. The rationale for Chapter 11 has always seems to be contrived to favor a particular creditor bank.
Prior CFTC rulings and 'Rule 190' seems to have dealt with this in the past. Statements by various CFTC commissioners of late also seem to suggest that customers absolutely have a senior claim to any assets.
Why then did the SEC, with Gary Gensler's purported assent, seem to ignore the precedent and their own rules and cut a deal in a secret meeting to favor the Banks, specifically JP Morgan?
CFTC Warnings When Bankruptcy Codes Conflict: And a Still Secret Meeting
GVI Forex Blog 21:13 GMT January 25, 2012
Reply
Apart from the obviously (typical) nervous presentation by Chairman Bernanke today which emoted all the confidence of 13 year old giving junior high book report presentation, his policy prescription (Full Monty) and unchanged QE did not come close to matching the state of the economy that the Fed sees to date and sees in the future.
Bernanke's Principle of Moderation in Desperate Times...or the Diary of a Wimpy Kid.
KL KL 21:11 GMT January 25, 2012
ninja trading entry
Reply
top of the morning.
...wow...Sold the blip on gold 1710.45...too good and aud usd 1.0605....keep adding higher....print print print or scam scam scam.....tomorrow will be another story...Bulls the winner....been a nice ride long and short gold...now riding it down to 1705 first...keep adding every $2-3 above...no probs...
sold eurusd 1.3110...too...sell the rally!!
GVI Forex john 21:09 GMT January 25, 2012
USD Bollinger Bands.
Reply
|
Bollinger
|
EURUSD
|
USDJPY
|
USDCHF
|
GBPUSD
|
USDCAD
|
AUDUSD
|
NZDUSD
|
|
20d SD
|
0.0129
|
0.36
|
0.0097
|
0.0108
|
0.0057
|
0.0124
|
0.0132
|
|
3 StdD
|
1.3257
|
78.09
|
0.9709
|
1.5798
|
1.0331
|
1.0718
|
0.8335
|
|
2 StdD
|
1.3127
|
77.73
|
0.9612
|
1.5691
|
1.0274
|
1.0594
|
0.8203
|
|
1 StdD
|
1.2998
|
77.36
|
0.9515
|
1.5583
|
1.0217
|
1.0470
|
0.8071
|
|
|
|
|
|
|
|
|
|
|
20day
|
1.2869
|
77.00
|
0.9418
|
1.5475
|
1.0159
|
1.0346
|
0.7939
|
|
|
|
|
|
|
|
|
|
|
1 StdD
|
1.2739
|
76.64
|
0.9321
|
1.5368
|
1.0102
|
1.0222
|
0.7807
|
|
2 StdD
|
1.2610
|
76.27
|
0.9224
|
1.5260
|
1.0045
|
1.0098
|
0.7675
|
|
3 StdD
|
1.2481
|
75.91
|
0.9126
|
1.5153
|
0.9987
|
0.9973
|
0.7543
|
GVI Forex john 21:07 GMT January 25, 2012
USD Moving Averages
Reply
|
1/25/2012
|
20:00
|
GMT
|
|
|
|
|
|
|
Latest
|
EURUSD
|
USDJPY
|
USDCHF
|
GBPUSD
|
USDCAD
|
AUDUSD
|
NZDUSD
|
|
Last
|
1.3110
|
77.71
|
0.9212
|
1.5666
|
1.0039
|
1.0607
|
0.8183
|
|
High
|
1.3120
|
78.28
|
0.9339
|
1.5678
|
1.0147
|
1.0619
|
0.8194
|
|
Low
|
1.2929
|
77.53
|
0.9200
|
1.5531
|
1.0025
|
1.0437
|
0.8034
|
|
Change
|
0.0087
|
-0.01
|
-0.0070
|
0.0054
|
-0.0059
|
0.0129
|
0.0077
|
|
MVA
|
EURUSD
|
USDJPY
|
USDCHF
|
GBPUSD
|
USDCAD
|
AUDUSD
|
NZDUSD
|
|
5 day
|
1.3010
|
77.30
|
0.9286
|
1.5578
|
1.0092
|
1.0502
|
0.8094
|
|
10 day
|
1.2881
|
77.06
|
0.9383
|
1.5463
|
1.0131
|
1.0425
|
0.8035
|
|
20 day
|
1.2869
|
77.00
|
0.9418
|
1.5475
|
1.0159
|
1.0346
|
0.7939
|
|
50 day
|
1.3093
|
77.41
|
0.9337
|
1.5551
|
1.0230
|
1.0164
|
0.7757
|
|
100 day
|
1.3391
|
77.17
|
0.9141
|
1.5668
|
1.0187
|
1.0166
|
0.7847
|
|
200 day
|
1.3870
|
78.33
|
0.8728
|
1.5974
|
0.9944
|
1.0408
|
0.8039
|
|
TREND
|
EURUSD
|
USDJPY
|
USDCHF
|
GBPUSD
|
USDCAD
|
AUDUSD
|
NZDUSD
|
|
BIAS
|
Up
|
Up
|
Down
|
Up
|
Down
|
Up
|
Up
|
Cambridge Joe 21:06 GMT January 25, 2012
EUR/$
Dil, perhaps you would re-post that Soros article on the political forum?
I got half way through then got called away from the screen.
Thanks !
NYC jy 21:04 GMT January 25, 2012
EUR/$
Maybe it sees the orderbook and knows there are layers of stops above the market.
ldn JPS 21:04 GMT January 25, 2012
Way to trade
Chicago AC 20:09 GMT
Well said!!
USA ZEUS 20:58 GMT January 25, 2012
EUR/$
GS FX public recommendations have an almost flawless record of inverse correlation with the market. I prefer MS of the two.
Imagine 1.25 would leave all bulls with empty pockets.
Cheers!
GVI Forex john 20:57 GMT January 25, 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.
philadelphia caba 20:50 GMT January 25, 2012
usd/jpy
Reply
buying back some at market, s/l below 76.50
Israel Dil 20:49 GMT January 25, 2012
EUR/$
if market will take euro to 1.36 region then probably will not be a single active euro bear left. But 1.3259 seems too tough target for this week. 500 pips above month's low as meaningful level?
philadelphia caba 20:39 GMT January 25, 2012
EUR/$
GS went long euro with 1.29 s/l. ZH
GVI Forex Blog 20:35 GMT January 25, 2012
Reply
20:30 GMT (Global-View.com) January 25- The Global-View.com D.O.G. (Dollar, Oil, Gold) investor purchasing power index is ending Wednesday in North America at .5173, -0.70% from its Tuesday close (-3.84% vs. end-2010).
Global-View D.O.G. Index January 25, 2012 U.S. Close
GVI Forex john 20:33 GMT January 25, 2012
Global-View D.O.G. Index
Reply
20:30 GMT (Global-View.com) January 25- The Global-View.com D.O.G. (Dollar, Oil, Gold) investor purchasing power
index is ending Wednesday in North America at .5173, -0.70% from its Tuesday close (-3.84% vs. end-2010).
As for its key subcomponents, the USD forex purchasing power index is .7733, -0.41% (-0.63% 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 .1685, -2.55% (-16.96% ytd).
Against crude, it is at 0.4471, -0.76% (-8.33% 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
ldn J-PS 20:31 GMT January 25, 2012
EUR/$
LDN dt 20:25 GMT - scalper or intra-day trader?
USA ZEUS 20:29 GMT January 25, 2012
EUR/$
Me too!
LDN dt 20:25 GMT January 25, 2012
EUR/$
I find the food fights to be distracting and very tiresome.
ldn JPS 20:21 GMT January 25, 2012
EUR/$
USA ZEUS 20:18 GMT
Cheers! :)
Good trades to you.
USA ZEUS 20:19 GMT January 25, 2012
EUR/$
1.3065 and 1.3062 seem to be key levels to keep an eye on.
Cheers!
USA ZEUS 20:18 GMT January 25, 2012
EUR/$
ldn JPS 20:16 GMT January 25, 2012
EUR/$ : Reply
Thx guys!! merci :)
Just think trades should be presented in style, if traders here feel strongly about their views and really want to help others!? Correct!??
I think the forum would be a lot more civil this way .... but, I must admit - I love the food fights :)
___________________________________________________
More of the former and please diet from the latter and you'll do just fine. Good trade setup!
Cheers!
USA ZEUS 20:16 GMT January 25, 2012
Way to trade
Chicago AC 20:09 GMT January 25, 2012
Way to trade: Reply
DRS2 ... there is so much liquidity being pumped into the markets either this way (ECB) or that way (FED, BOJ, China) ..... and country after country starts eliminating USD from there bilateral trades - that there is no other way anymore for USD down and stocks up.
Zeus and Mahendra can post the whole day long and since 10 years that EURUSD is toast and USD is the only reserve currency - fact though is that all power and PMs are smoothly as butter moving from the west to the east (Asia).
____________________________________________________
Show any truth that the USD is still not the overwhelming primary reserve currency and you will be the hero of all super heroes. Otherwise it is pure nonesensical rubbish!
Cheers!
ldn JPS 20:16 GMT January 25, 2012
EUR/$
Thx guys!! merci :)
Just think trades should be presented in style, if traders here feel strongly about their views and really want to help others!? Correct!??
I think the forum would be a lot more civil this way .... but, I must admit - I love the food fights :)
Anyway, EUR/$ still trying to get a foothold above 1.3095 and if we don't - then we have to watch demand into 1.3015/05 area.
Chicago AC 20:09 GMT January 25, 2012
Way to trade
DRS2 ... there is so much liquidity being pumped into the markets either this way (ECB) or that way (FED, BOJ, China) ..... and country after country starts eliminating USD from there bilateral trades - that there is no other way anymore for USD down and stocks up.
Zeus and Mahendra can post the whole day long and since 10 years that EURUSD is toast and USD is the only reserve currency - fact though is that all power and PMs are smoothly as butter moving from the west to the east (Asia).
And that means that the western currencies are all going to be toast either this way or that way - and that just Gold and Silver and crude are left as the only true currencies.
So in the end - and from the top - it doesn't matter whether today the Euro or USD is weaker. China and Asia will keep these paper things in balance over the years. For their very own interests.
While the only true trend exists in hard assets.
When Gold is 4500 and Silver 3 digits and Crude beyond 150 again - I don't care the slightest whether USD or Euro is the last standing man. Anything inbetween is plain and simply just shortterm noise.
In other words: there are gamblers and guessers, possibly 99% or so - while the true investors are going to make a fortune with just a handful of trades. That is when they sell when hard assets are way too high (and far away from the 200 dma) and buy back around the 200 dma. Or the opposite.
And there is not a single penny of a loss for these guys.
If you don't believe me - just ask shanghai bc what he trades and how he trades these markets.
The point is to follow the BIG trends - and to be on board on the majority of that trend. If you play it the right way - not a single penny of a loss. And a fortune.
Right now and since over a decade there is exactly one such a trend. Everything else just chops around.
And this trend (paper : hard assets and especially PMs) will continue at least another couple of years - until finally either there is a currency reset - or rates go into the double digits. With all the debt out there - and all the banks under water - there is no other way and no other outcome.
The big money is in the big trends - and not in what the Euro or USD will do or not. Except when they are maybe violating the 4h or daily bollinger bands - and the big boyz change hands for a while and for a whipsaw.
My money is where my mouth is - in coins.
No losses.
Everything else ... a casino: you win some, you loose some.
Most though loose most of the time.
Because they are impatient or feel the need to be like god.
I have no clue what USD or EURO or stocks will do in coming years. So why should I trade that stuff?
But i know exactly what Gold and Silver and Crude will do.
It's that simple.
Lahore FM 20:09 GMT January 25, 2012
" Trade Ideas "
Sell EURUSD
Entry: 1.30791 Target: Stop: 1.3115 bid
sold now
Lahore FM 20:06 GMT January 25, 2012
" Trade Ideas "
Sell Gold
Entry: 1707.25 Target: Stop: 1717 day close stop
sold.
Chicago tt 20:03 GMT January 25, 2012
EUR/$
JPS, no need you have already stated a well executed plan.
ldn JPS 19:54 GMT January 25, 2012
EUR/$
Well no one is talking about my trade!!! see below :)
Now for the rest. Stop @ 1.2965, needs to hold above 1.3095 for 1.3130 and hold there too for 1.3205, 1.3280 for 1.3315/78.
If my stop @ 1.2965 is triggered:
buy 1.2905 (add 1.2870 & 1.2855) Stop on all 1.2830. Targets remain the same, but the main one then 1.3275.
------------------------------------------------------------
ldn JPS 12:43 GMT January 24, 2012
EUR/$
Entry: 1.3005 (add 1.2980 & 1.2940) Target: 1.3315-75 Stop: 1.2830
Went long 1.3005 planning to add at 1.2980 and 1.2940. First target 1.3095 with a break and hold above this level targeting 1.3130 then 1.3315-75 for an exit. Total risk on the trade is 3%.
Israel Dil 19:51 GMT January 25, 2012
Bernanke -Addicted to money printing?
Europe have Germany, Asia have Japan and America have a mess. Brazilian oil big bosses start acting as vice god, and wealthy Australian always can enjoy his fortunes in New Zealand :-)
P.S:
USA have also Apple that represents the world's 58th largest economy. buy euros if you trust that the official outcome of the Greek saga will not happen together with lower yearly lows for the euro, tough call or not?
JERUSALEM KB 19:50 GMT January 25, 2012
Forex Trading Plan
GBPCHF
Entry: Target: Stop:
with macd divergence i am looking for ress. breakout to go long
USA ZEUS 19:49 GMT January 25, 2012
What makes a forum work
I think this forum is much more peaceful than the west bank of recent decades after the IDF bulldozed and plowed groves, homes and students.
Let it flow...
dc CB 19:49 GMT January 25, 2012
COMEX Gold
Reply
tomorrow is Options on futures expiry for Feb contract. Feb 1 is 1st notice. Feb is "delivery" month, the next will be April.
Somethings going to, got to happen. Esp with gold over 1700.
Recall that in the fall, the December contract, which was a huge delivery month.....we had that Oh so Unfortunate MF Global fiasco which "voided" thousands of contracts that were expecting to take devlivery.
The question is just what that "happen" will be. Esp since there have been no repercussions over what happened in Dec.
JERUSALEM KB 19:46 GMT January 25, 2012
Forex Trading Plan
GBPCHF
Entry: Target: Stop:
price retesting broken ress.
looking for long trade setup on smaller time frame
Paris ib 19:44 GMT January 25, 2012
Bernanke -Addicted to money printing?
CB since when did the Iraqis have a say so in any of this? That would be the official explanation but I don't buy it.
Paris ib 19:43 GMT January 25, 2012
Bernanke -Addicted to money printing?
One of the conditions for being or becoming a reserve currency is running an external deficit: it allows foreign countries to build reserves in your currency. The nuclear disaster may work along the same line: reinforcing JPY strength as the Japanese repatriate. JPY bearishness has been the default position from about 1998 and where are we now?
Israel Dil 19:42 GMT January 25, 2012
What makes a forum work
yes Jay, let the forum flow it's ways, like the market. it's not NYC of five decades ago :-)
GVI Forex Jay 19:41 GMT January 25, 2012
What makes a forum work
Thanks ib. We try toi give room for the forum to self-police as that works best but there are times for a no tolerance policy.
dc CB 19:40 GMT January 25, 2012
Bernanke -Addicted to money printing?
ib
I still wonder why the U.S. withdrew from Iraq, running out of money maybe?
During the later part of the Bush years they signed the paper with the Malikai(sp) government that said we would leave by Dec 2011...the Iraqi's wanted us OUT.
Paris ib 19:40 GMT January 25, 2012
What makes a forum work
You don't have to worry Jay, the forum works, bun fights or not.
Israel Dil 19:37 GMT January 25, 2012
Bernanke -Addicted to money printing?
it is very important to remember very well that Japan just posted for the first time since 40+ years a trade deficit. for the longer term that's going to play very major roll and especially during the rebuild process of the 2011 natural disaster damages.
GVI Forex Jay 19:32 GMT January 25, 2012
What makes a forum work
Reply
The following is from GVI Forex. This is an example of why we encourage posts, no matter what your level of experience, as you never know when it will spark a trade idea or fit someone's puzzle.
GVI Forex Jay 19:26 GMT January 25, 2012 - My Profile
euro: Reply
tks, dumb luck as there was nothing else nearby. But that is what makes a forum work, you never know when something posted will strike a chord and fit your trading puzzle.
Southport dhm 19:23 GMT January 25, 2012
euro: Reply
Jay - brilliant shout on 50 day MA - very sharp !! Almost as accurate as an Eli Manning TD pass in the 4th quarter !!
GVI Forex Jay 18:21 GMT January 25, 2012 - My Profile
euro: Reply
1.3101 = 50 day mva
Paris ib 19:32 GMT January 25, 2012
Bernanke -Addicted to money printing?
Thanks AC, I looked it up after you posted. Still here we are with USD/JPY crawling along the bottom.... and there are no USD/JPY bears out there. Never have been as far as I can tell. And we didn't need any to make a record low.
Heard the other day that Japan bought 9% of the EFSF. Did you see that article on Zero Hedge regarding Russia offloading Treasuries? If there is one market which may finally move this year it could be Treasuries. There is an awful lot of noise and propaganda out there. Makes me concerned about what is going on behind the curtain. Who's really worried? I still wonder why the U.S. withdrew from Iraq, running out of money maybe?
JERUSALEM KB 19:26 GMT January 25, 2012
Forex Trading Plan
AUDUSD
Entry: Target: Stop:
JERUSALEM KB 14:50:55 GMT - 01/24/2012
AUDUSD
Entry: Target: Stop:
RETESTING BROKEN RESS.
========================
chart update
GVI Forex Jay 19:18 GMT January 25, 2012
Bernanke -Addicted to money printing?
Rest assured we have taken a no tolerance policy on food fights and you will see little of that nonsense going forwards.
Paris ib 19:16 GMT January 25, 2012
Bernanke -Addicted to money printing?
AC didn't see the Gartman story. USD/JPY will be interesting. Still hold the view that the JPY has to make it's way into reserve holdings over the longer term and thus don't see the Japanese trade deficit as JPY negative in the longer term. We'll see.
Not going to get overly involved in the forum. Too easy to get involved in bun fights.... Still, looks like it could be an interesting year for forex and financial markets generally. gl/gt
Minneapolis DRS2 19:16 GMT January 25, 2012
Way to trade
There is plenty of room on both sides of the EUR/USD trade for decent profits. Long or short, the price transitions have been pretty well-defined and IMHO quite tradeable.
I offer congratulations to Zeus, Dil and others who post their trades -- their profit is well-deserved, as it is for any trader.
Although the fundamental conditions in Europe are still lousy, the fact of the matter is that EUR/USD buying has outpaced the selling as of late. This can be seen pretty clearly on the 4-hour chart -- the pair is sold at various price points, but not enough to make a significant drop in price. The pair is then bought up, driving the price to new highs.
In order for this situation to change, we are going to need a pretty significant drop in price IMHO. I don't see it happening gradually either...the price drop needs to be pretty hard and fast I suspect. If and when this happens, we'll see extended selling again.
As I mentioned in a previous message, be careful about shorting EUR/USD at this stage. We are pretty close to major resistance points and price could definitely drop, but at the same time price has been going up and up and up...
dc CB 19:15 GMT January 25, 2012
fomc
FOMC: 2012 GROWTH AT 2.2%-2.7% VS 2.5%-2.9% IN NOV. FORECAST
ELEVEN OF 17 FED OFFICIALS SEE MAIN RATE ABOVE 0.25% IN 2014
SIX OF 17 FED OFFICIALS SEE NO RATE INCREASE BEFORE 2015
FOMC DOESN'T SET SPECIFIC LONG-RUN GOAL FOR EMPLOYMENT LEVEL
london red 19:14 GMT January 25, 2012
fomc
economic impacts aside, this is great news for traders. I'd suggest, on any surprise away from consensus, monthly PCE is now going give you the same kind of moves as NFP ten years ago.
GVI Forex Jay 19:14 GMT January 25, 2012
fomc
The market reacted to the Fed forecasts, which were more sporead out than the statement suggested, and dollar rebounded. Next up is Bernanke press conference.
*(US) FOMC UPDATED ECONOMIC FORECAST FOR JAN MEETING: 11 of 17 Fed officials see FOMC raising Fed funds rate in 2014 or later; trims 2012-2013 GDP and unemployment forecasts
- 3 of 17 official see interest rate increase in 2012, 3 in 2013, 5 in 2014, 4 in 2015, and 2 in 2016
TradeTheNews.com
Israel Dil 19:13 GMT January 25, 2012
Bernanke -Addicted to money printing?
simple, when euro traded around 1.2650 I built longs position for 1.3101 target and asked MTL JP for his opinion (i asked 1.31 or sub 1.26 first?) which I respect and I treat JP as good mind.
My previous post must answered your question about my very short term bias, good luck :-)
Quezon evan 19:11 GMT January 25, 2012
Euro
Reply
There is still room for Euro to move higher, imho!
GVI Forex Jay 19:11 GMT January 25, 2012
fomc
This is not the Zeus show and can we put an end to this. Read what Olivier said. It is not fair to those who are trading.
Israel Dil 19:09 GMT January 25, 2012
Bernanke -Addicted to money printing?
Paris ib
there is kind of cease fire currently in the big picture field. The French elections going to have remarkable impact on the single currency. Chancellor Merkel drives strongly and wildly her agenda to gain control over "united" Europe, many "big" issues are about to get resolved during the coming weeks/months, the official result of the Greek saga will act as a starter. about money making aspects, let's wait and see how the next 1K of pips train will act from around 1.29 this week, sub 1.2 or 1.4 is the question for now when the bigger picture frame concerned.
MM
USA ZEUS 19:07 GMT January 25, 2012
fomc
Well AC- The time has come. We are now profitable in the trade even though the entry wasn't ideal.
Best to you and your forum doinking.
Cheers!
Chicago AC 19:07 GMT January 25, 2012
Bernanke -Addicted to money printing?
Agree Paris ib ... Dil made many many good calls. Just check the archives.
I.e. have you noticed that also Gartman joined that USDJPY long - for muchos higher levels?
UK MJ 19:06 GMT January 25, 2012
fomc
What came out in the fed forecasts???
Paris ib 19:06 GMT January 25, 2012
Bernanke -Addicted to money printing?
Dil care to explain:
I also think that sub 1.29 will happen before 1.32 as I was dreaming about 1.31 before sub 1.26, cheers mtl jp.
USA ZEUS 19:04 GMT January 25, 2012
Way to trade
London Olivier 18:59 GMT January 25, 2012
Thank you for the kind remarks sir. There are some here who are quiter jealous (90% club) and are just lurking and waiting for the chance to disrupt the flow of this great community.
Thanks to you I see that some do apreciate those who are willing to share trades in real time.
Cheers and best to you sir!
USA ZEUS 19:01 GMT January 25, 2012
fomc
AC- WTF are you talking about?
I bought gold and silver bars a long long time ago and not just some of the rattley coins you bought over the last couple of weeks. No taxes? Do you know that coins are considered a "collectible" and are taxed at 28% when liquidated?....much higher rates than the 60/40 paper rule doink!
And- WTF! is the market doing? Didn't you tell Obama and the boyz that this was just a stop spike to be faded, or were you too busy being a PISSant on a trading forum looking to cause trouble? "Oh my, oh my" WTF will you do if this trade is profitable? Renew your paper practice account?
Flush out your headgear new guy!
London Olivier 18:59 GMT January 25, 2012
Way to trade
Reply
I'm not sure what the issue is here (I'm new-ish)..
The guy Zeus posted his entry and stop loss, so what else can you ask for apart from maybe target point(s) but from what I've seen so far, he seems to post when he takes profit, in real time!
There are plenty of people who will add to a position and if you know what you're doing and have good money management then that's up to you isn't it.
To quote Die Hard3: it's 'Hey Zeus' not 'Jesus'
;-)
Mtl JP 18:59 GMT January 25, 2012
fomc
at top of the hour
FOMC releases its projections for the economy and fed funds rate
GVI Forex Blog 18:58 GMT January 25, 2012
Reply
AUD/USD and NZD/USD outlook next 24 hours: The FOMC Q&A will start shortly. Australia has a national holiday today, thinning local markets, but RBNZ’s OCR Review will attract global attention. We expect largely a ‘cut-and-paste’, with little market impact. AUD’s upward trend remains intact, the next upside target 1.0660. Similarly, NZD’s immediate overhead target is 0.8170.
Forex - Morning Report (Westpac)
Chicago AC 18:57 GMT January 25, 2012
fomc
dear zeus ... me no pairs - just tons of coins.
For which I added last couple of weeks.
No "huge final" trading errors there. hehe.
Just buying the dips for 4500 and 150 or so. hehe.
With a bit of (1.5-2) leverage as I have a creditline for especially juicy dips.
With all the gains taxfree after a year in my country.
hehe
All the years back ... you know the performance of PMs?
Have you made 15-25% each year the last 11 years?
And not paid a single penny of taxes?
Do you really think I'm in need of this rotten paper stuff?
Just to pay tax - either to the sharks - or the authorities - thereafter?
Oh my oh my ... life can be so easy.
Hey you may continue to gamble extremely huge - i prefer to have my lattes, all taxfree btw - and enjoy the really great - show.
Paris ib 18:50 GMT January 25, 2012
Bernanke -Addicted to money printing?
Hi Dil, thanks for that. Was in Oz for an extended break. Been following your progress since I got back this month. I noted you were bullish Euro a week early (forgot about the perfidious ratings agencies) but your longer term strategic view was right. Think you are doing real well. Good on u. Looks to me like the snipers have had their chance during the twilight zone when most funds and bank have closed their books from late November till early January and now it's back to reality. Same as last year. Cheers.
nyc ws 18:46 GMT January 25, 2012
Bernanke -Addicted to money printing?
AC, cut him some slack. He posted his stop so he left room for his trade to work. We see 100 pip stops all the time from the big boys.
Chicago AC 18:44 GMT January 25, 2012
Bernanke -Addicted to money printing?
Jay ... that was a pretty late mail ... he talked about eurusd and gold right in this place already way earlier ...
USA ZEUS 18:43 GMT January 25, 2012
fomc
Chicago AC 18:39 GMT January 25, 2012
Dear Obama AC- Do you and your elitists only speak of others after the fact or is their anything in your sack?
Step up if you have a pair. Otherwise pls kindly STFU and go back to your hole.
Cheers!
PAR 18:40 GMT January 25, 2012
Commodity prices vs Interest rates
Reply
Perpetuum low interest rates are super boosting commodity prices and distorting economic reality .
Euro at 1,5000> Gold at 2000 > Crude at 150
USA ZEUS 18:40 GMT January 25, 2012
Euro
Back near the annual high of a small box and the market goes crazy. I don't think Darvas or Donchian will work at the top. Turtles on their backs.
Perhaps I'll be 100% wrong of course.
Cheers!
Chicago AC 18:39 GMT January 25, 2012
fomc
Adding, adding .... and just adding ... then finally:
"Added Extremely HUGE @ 1.3056 for the final allocation".
Now a stop at 1.3137 or so ...
Oh my oh my ...
Boy I'm speechless about such a really smart strategy.
Absolutely trustworthy ... way to blow up an account.
God fighting against the Fed. And the ECB. And BOJ.
Oh my oh my ...
All I miss for a good show now is Isreal Dil ... who btw posted a target of 1800 for this month. Guess he's nicely in the money.
Alfs target is 4500 for this round. And silver way in the triple digits. So guys, and dear god of all gods ... keep 'em coming ... the great shows I mean ...
Cheers!
Israel Dil 18:37 GMT January 25, 2012
Bernanke -Addicted to money printing?
Buy MESSAGE BOARD
Entry: Target: Stop: ZEUS
PARIS ib
good to see you around again, did you read the piece about Sarkozy dreams to make big money (his own words) and ride horses in Hungarian forest?
I also think that sub 1.29 will happen before 1.32 as I was dreaming about 1.31 before sub 1.26, cheers mtl jp.
Zeus, I wish you to get stronger from losses and To get humble from profits, say amen for that.
Quezon evan 18:29 GMT January 25, 2012
Euro
Reply
Euro stops better be higher than 1.3145???
USA ZEUS 18:24 GMT January 25, 2012
fomc
Fools are those who unwisely speak of others...
Looks like a false breakout but I see the mego EUR bulls are now alive again.
Cheers!
PAR 18:24 GMT January 25, 2012
Bernanke -Addicted to money printing?
Bernanke"s policies create exact the opposite result from what Obama has declared what he wanted a few hours ago in his state of the union.
Dont listen to my words look at our actions
USA ZEUS 18:21 GMT January 25, 2012
fomc
Stop loss entered @ 1.3137
Cheers!
ldn JPS 18:20 GMT January 25, 2012
EUR/$
Going well: Stop raised to 1.2965 from 1.2840.
ldn JPS 12:43 GMT January 24, 2012
EUR/$
Entry: 1.3005 (add 1.2980 & 1.2940) Target: 1.3315-75 Stop: 1.2830
Went long 1.3005 planning to add at 1.2980 and 1.2940. First target 1.3095 with a break and hold above this level targeting 1.3130 then 1.3315-75 for an exit. Total risk on the trade is 3%.
PAR 18:18 GMT January 25, 2012
fomc
Or 1,3777 if next time Ben decides to keep rates low till 2024 .
Chicago AC 18:15 GMT January 25, 2012
fomc
And another fool and another replay of last year.
I see 1.35 within a week or two - and Zeus starting another paper account shortly.
And then 1.40 within a month or so. Or even earlier.
And big mouthed board leader hiding another round in the bushes.
Just to again come back as the leader of all gods.
In the meantime gold and silver soar - instead of plunging.
Oh my oh my ...
PAR 18:13 GMT January 25, 2012
Bernanke -Addicted to money printing?
Only people benefitting from this money printing festival are the low tax paying billionaires. Joe Sixpack and all other hardworking people see all prices go up and see their savings evaporate.
Bernankes policies are only benefiiting the American oligarchs .
Paris ib 18:04 GMT January 25, 2012
Bernanke -Addicted to money printing?
Why do you think Bernanke is not stupid? This is a statement of intent and the intent is to devalue the currency. Don't fight the FED.
USA ZEUS 18:04 GMT January 25, 2012
fomc
Pardon me for the sloppy entry after such a great day.
Cheers!
Brock Thor 18:03 GMT January 25, 2012
fomc
I think that 1.2777 may come next week.
PAR 18:00 GMT January 25, 2012
Bernanke -Addicted to money printing?
What a stupid statement . Anything can happen between now and the end of 2014. Bernanke has been wrong in all his predictions ,why would we believe this .
USA ZEUS 17:58 GMT January 25, 2012
fomc
Added Extremely HUGE @ 1.3056 for the final allocation
USA ZEUS 17:55 GMT January 25, 2012
fomc
Added @ 1.3044.
GLGT!
USA ZEUS 17:55 GMT January 25, 2012
fomc
Added @ 1.3044.
GLGT!
Mtl JP 17:53 GMT January 25, 2012
ALERT- U.S. FED DECISION
CB 17:46 that groundup into dogfood of seniors and fixed income retirees actually sounds pretty realistic
dc CB 17:52 GMT January 25, 2012
Auction
tomorrows $29 bln 7Year will now most likely come in at a LOWER rate than today's 5 year.
WAY TO GO BEN!
GVI Forex john 17:51 GMT January 25, 2012
Trade Talk- Whats Moving Markets
Fed statement should be supportive of equities. Note the EURUSD has had trouble recently following shares when they have rallied.
Thoughts??
USA ZEUS 17:50 GMT January 25, 2012
fomc
Sorry. Couldn't resist.
Short EUR/USD @ 1.3041
Job's a good'n!
dc CB 17:46 GMT January 25, 2012
ALERT- U.S. FED DECISION
In particular, the Committee decided today to keep the target range for the federal funds rate at 0 to 1/4 percent and currently anticipates that economic conditions--including low rates of resource utilization and a subdued outlook for inflation over the medium run--are likely to warrant exceptionally low levels for the federal funds rate at least through late 2014.
By this time the Committee anticipates that all those retired and attempting to live on fixed income conservative investments will be broke and in all likelyhood homeless. At the camps their bodies will be groundup into dogfood. This will serve the dual purpose of eliminating the drain on the Treasury of Entitlement Progams and boost the protien intake of growing pet population.
GVI Forex john 17:42 GMT January 25, 2012
ALERT- U.S. FED DECISION
-- Market-Moving News --
€/$ higher. Fed policy statement dovish. Most of the pundits were wrong. Fed extends period for exceptionally low rates through "at least LATE-2014" (from mid-2013).
USA ZEUS 17:38 GMT January 25, 2012
fomc
I'm all out at 1.3038 and calling it a day.
Cheers!
GVI Forex Jay 17:37 GMT January 25, 2012
ALERT- U.S. FED DECISION
Dovish Fed, rates on hold until late 2014 was the trigger for the dollar sell-off
USA ZEUS 17:35 GMT January 25, 2012
fomc
Perhaps 1.3035 is a good place to take some gains.
USA ZEUS 17:28 GMT January 25, 2012
fomc
Awesome pop!
GLGT!
nyc ws 17:22 GMT January 25, 2012
fomc
Zeus nothing would surprise me and I was hoping to see 1.30 before the announcement. I will square up ahead of the Fed circus.
Boston eFX 17:01 GMT January 25, 2012
Soros: EU Needs Euro Bonds "In One Form Or Another"
Reply
(Dow Jones via eFXnews) Jointly issued debt, or euro bonds, are an inevitable part of the solution to the euro zone's sovereign debt crisis, veteran financier George Soros said Wednesday, as the region cannot resolve its problems through structural reforms alone.
At a lunch on the sidelines of the World Economic Forum, Soros told journalists that European authorities "had done everything wrong" in their response to the financial crisis that struck in 2007, with a confused policy response that betrayed widespread ignorance of how financial markets work.
"The austerity that Germany wants to impose will ....
Soros: EU Needs Euro Bonds "In One Form Or Another" (full story)
dc CB 16:52 GMT January 25, 2012
Auction
Reply
Treasuries are are near session highs following today's solid 5-yr note auction.
The auction drew 0.899% and saw a strong 3.14x bid/cover (12-auction average 2.86x) as indirect bidders took down an average 43.3% of the offering.
Today's dollar demand of $110.9 bln was the strongest since July. Post-auction buying has yields slipping back towards their session lows as the 10-yr is down 3 bps at 2.028%
dc CB 16:43 GMT January 25, 2012
fomc
plenty of time for a Two Martini lunch
dc CB 16:42 GMT January 25, 2012
fomc
the FMOC now, just like the ECB, the reaction will be delayed until the Press Conf, later...2:15, I think.
Mtl JP 16:29 GMT January 25, 2012
fomc
with 0.25% the rate thinggie out in less than an hour should have approximately ±0 effect on market players
unless the number comes out something else - also an approximate ±0 chance
USA ZEUS 16:28 GMT January 25, 2012
fomc
Would a EUR/USD shot above 1.30 surprise anyone?
Cheers!
UK Malc 16:23 GMT January 25, 2012
fomc
This wait can get on one's nerves!!!
GVI Forex john 16:07 GMT January 25, 2012
Calendar
Reply
January 25 (global-view.com) UPCOMING DATA HIGHLIGHTS for Thursday, January 26.
Updated: Trading Events Calendar:
Far East: NZ- RBNZ. AU- Holiday. CN- Lunar New Year (all week).
Europe: GB- CBI- Distributive Trades.
North America: US- Weekly Jobs, Durable Goods, New Home Sales, Natural Gas, 7-yr.
nyc ws 15:49 GMT January 25, 2012
fomc
As i said earlier risk of a dovish Fed argues for a softer usd into it or some risk on. Then we see if Fed disappoints or not.
London GB 15:37 GMT January 25, 2012
fomc
Anyone have a strategy planned for the FOMC?
GVI Forex john 15:30 GMT January 25, 2012
ALERT- U.S. Weekly IEA Energy Data
Reply
-- ALERT --
U.S. Weekly Energy Inventories (mln)
Crude Oil +3.650 vs. +0.800 exp. vs. -3.400 prev.
Gasoline: -0.390 vs. +2.000 exp. vs. +3.720 prev.
Distillates:-2.460 vs. -0.100 exp. vs +0.440 prev.
Cap/Util: 82.2% vs. 83.10% exp. vs. 83.70% prev.
TTN: Live News Special Offer
GVI Forex john 15:12 GMT January 25, 2012
ALERT- U.S. Pending Homes Sales
Existing Homes sales to top out? Still lot of complaints that pending homes sales are being cancelled due to financing issues...
Mtl JP 14:49 GMT January 25, 2012
fomc
ahead of pending house # at top of the hour and FEDs rate at 17:30 someone please post Geither 10-yr paper's yield
tia!
PAR 14:10 GMT January 25, 2012
Lagarde Spending Hardworking Taxpayers Money on Greece
Reply
The euro tumbled about $0.01 in early trading today, sending the currency below the $1.30 handle it has been flirting with for the last few months.
That comes as reports surface that the European Central Bank is maintaining its steadfast opposition to taking losses on its Greek bond holdings as part of a more potent debt restructuring than is currently being considered.
International Monetary Fund Managing Director Christine Lagarde set off a flurry of speculation about the possibility of public sector involvement in the restructuring today when she told journalists in Paris, "If the level of Greek debt held by the private sector is not sufficiently renegotiated, then public sector holders of Greek debt should also participate in the efforts" (via Reuters).
Read more: http://www.businessinsider.com/the-euro-takes-a-tumble-after-lagarde-suggests-the-public-sector-could-take-losses-2012-1#ixzz1kTlOWJOk
Berlin 14:08 GMT January 25, 2012
FOMC? Greece!
Reply
Angela Merkel has cast doubt for the first time on Europe's chances of saving Greece from financial meltdown and sovereign default, conceding that Europe's first ever multibillion bailout coupled with savage austerity was not working after two years of crisis that has brought the single currency to the brink of unravelling.
Mtl JP 14:05 GMT January 25, 2012
fomc
caveat emptor: past performance is no guarantee of future results
LDN BT 13:58 GMT January 25, 2012
fomc
Reply
FOMC decision comes out early and then the forecasts and then Ben's press conference. Adjust your schedule as decision comes out at 17:30 gmt
nyc ws 13:31 GMT January 25, 2012
market
Reply
Scrolling through the board I see some calls from savvy traders with good track records that did not work out.Instead the euro folded like a cheap suit. I would probably have been on the same side if awake as I expect the dollar to be under some pressure ahead of the FOMC. This may still happen but from lower levels,
Saar KaL 13:01 GMT January 25, 2012
Cable Longing
Mean = average of possible lows and highs
just another term for average
the higher number is average of the highs
philadelphia caba 12:38 GMT January 25, 2012
eur/chf
Reply
Soros On The SNB Cap
Would not speculate against SNB currency cap.
SNB can print as many francs as they like to keep the cap.
GVI Forex Jay 12:08 GMT January 25, 2012
Forex Weathermap - EURUSD
Reply
12:00 GMT (Global-View.com) Jan 25 – It is hard to believe we are sitting here at the end of January still waiting for a Greek PSI agreement. This may be one factor that has kept eurusd from establishing above 1.30, a level that has traded for the 3rd day in a row and one that will set the bias going forwards.
Forex Weathermap - EURUSD
LDN dt 12:00 GMT January 25, 2012
Cable Longing
I don't understand your two numbers. "Mean" of what. Are they a range? they look a little wide. How do we use them?
TIA!
Saar KaL 11:53 GMT January 25, 2012
Cable Longing
ANyways
this is the mean expected today
EUR/USD Close
1.3095
1.2940
USD/JPY Close
77.9777
77.4645
USD/CHF Close
0.9344
0.9227
GBP/USD Close
1.5678
1.5540
USD/CAD Close
1.0159
1.0045
EUR/GBP Close
0.8371
0.8306
EUR/JPY Close
101.7982
100.5897
EUR/CHF Close
1.2131
1.2056
AUD/USD Close
1.0554
1.0391
GBP/JPY Close
121.9424
120.7664
CHF/JPY Close
84.2036
83.1548
GBP/CHF Close
1.4565
1.4433
NZD/USD Close
0.8163
0.8039
Vancouver M 11:01 GMT January 25, 2012
buy euro
Sell EURUSD
Entry: Target: Stop:
in q see you buyers later! ou incubator
london gd 11:00 GMT January 25, 2012
buy euro
Woodlucks =WOODUCKS
London gd 10:57 GMT January 25, 2012
buy euro
Partial coloniscopy completed..but wait...there is more....all we now need is more WOODLUCKS .....
GVI Forex john 10:28 GMT January 25, 2012
Trade Talk- Whats Moving Markets
-
Key
Items US- Pend Homes
Sales, 5-yr, FOMC+ Press Conference.
-
The
headline German Ifo survey data was better than forecast. Conditions
and expectations were mixed. Markets took the report in stride. The
EURUSD is trading weaker early.
-
U.K.
GDP data were a touch softer and the latest BOE Minutes were mixed
and there fore less dovish than recently.
-
saw better than expected EZ flash PMI data, and also vague unconfirmed
chatter about possible activity in the EURJPY cross. Oftentimes
fundamental news can be a trigger for price moves that had to happen
anyway.
-
Australian
Quarterly CPI data were softer than forecast. A lot has been made of
the Japanese trade deficit. Analysts blame primarily the strong JPY
and slack overseas demand for exports. .
-
Greek sovereign debt
negotiations broke down yesterday after an impasse on the interest rate on
the bonds set to replace existing ones. A 4% coupon works out to a
65% to 70% haircut for private holders while 3.75% works out to 75%
to 80% write-down.
-
End of
fiscal year Japanese life insurance investment adjustment activity
coming into focus?
GVI Forex Blog 10:27 GMT January 25, 2012
Reply
Key Items US- Pend Homes Sales, 5-yr, FOMC+ Press Conference.
The headline German Ifo survey data was better than forecast. Conditions and expectations were mixed. Markets took the report in stride. The EURUSD is trading weaker early.
Forex Trade Talk 11:00 GMT 25 January 2012
PAR 10:27 GMT January 25, 2012
Greek drama for european taxpayers
Reply
Euro-zone: Citing Euro-zone officials, the FT writes that the IMF ‘has turned up pressure on European officials to take on more of the burden of filling a widening gap in Greece’s budget by pressing the ECB to take a hit on its EUR 40 Bn in Greek bond holdings’. The paper noted that although an IMF official denied that the fund was pushing any specific action on the ECB, Euro-zone officials involved in the discussions said the pressure to earmark potential gains to fill Greece’s financing hole was being fiercely resisted by the ECB.
The ECB’s Peter Praet tells the Frankfurter Allgemeine Zeitung, “There are signs that the speed of the downturn is slowing and that a stabilisation is occurring”. When asked whether the ECB would accept losses on the Greek sovereign bonds, Praet said “The ECB abides by the agreements made with the governments. A haircut for the private sector is a one time event”. Praet added “We are not supporting the finances of (member) states, but naturally there are side-effects of our emergency measures. These should not be confused with the actual purpose (of thawing credit conditions for banks)”. He noted that a further recapitalisation of the ECB or Euro-zone national central banks was not on the agenda and rejected speculation that countries lacking a competitive economy would eventually have to leave the Euro-zone.
PAR 10:10 GMT January 25, 2012
European Taxpayer . Open your wallet
Reply
IMF’s Lagarde: Equilibrium between private and public sector in Greek debt negotiation is a “concerning question”
If haircut on private sector Greek debt is not enough, public holders of debt will have to participate in renegotiation EUR/USD trades lower on comments, now at 1.2980. Infamous US investment house seen notable sller in lastest leg lower..
GVI Forex Blog 10:09 GMT January 25, 2012
Reply
10:15 GMT (Global-View.com) January 25- The Global-View.com D.O.G. (Dollar, Oil, Gold) investor purchasing power index is opening Wednesday in North America at .5224, +0.27% from its Tuesday close (-2.90% vs. end-2010).
Global-View D.O.G. Index January 25, 2012 U.S. Open
GVI Forex john 10:08 GMT January 25, 2012
Global-View D.O.G. Index
Reply
10:15 GMT (Global-View.com) January 25- The Global-View.com D.O.G. (Dollar, Oil, Gold) investor purchasing power
index is opening Wednesday in North America at .5224, +0.27% from its Tuesday close (-2.90% vs. end-2010).
As for its key subcomponents, the USD forex purchasing power index is .7781, +0.21% (-0.01% 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 .1734, +0.27% (-14.55% ytd).
Against crude, it is at 0.4532, +0.59% (-7.08% 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
GVI Forex john 09:38 GMT January 25, 2012
ALERT- U.K. GDP
Prelim 4Q11 GDP a touch weaker than forecast...
PAR 09:36 GMT January 25, 2012
Air France
Reply
PARIS -- Air France-KLM's (AF.FR) financial situation is "extremely tight" and
the company incurred a substantial operating loss in 2011 for the fourth
consecutive year due, among other things, to rising fuel costs, the chief
executive of Air France, one of the Franco-Dutch group's two airline divisions,
said Wednesday.
Alexandre de Juniac told a French parliamentary commission that Air
France-KLM's red ink from operations last year will reach "several hundred
million euros," but declined to be more explicit as the company's accounts are
still being audited.
He also noted Air France-KLM's deepening indebtedness. "We have been incapable
of financing our investments for the past three years, as we don't generate
enough cash flow," he told the lawmakers. Air France-KLM's net debt widened by
EUR2 billion to EUR6.5 billion last year, he said.
GVI Forex john 09:30 GMT January 25, 2012
ALERT- U.K. GDP
Reply
-- ALERT --
UK GDP preliminary 4Q11
qq: -0.2% vs. -0.1% exp. vs. +0.6% prev.
yy: +0.8% vs. +0.8% exp. vs. +0.5% prev.
Latest BOE Policy Vote and Minutes
Tighten = 0 Unchanged = 9 Ease = 0
TTN: Live News Special Offer
London gd 09:28 GMT January 25, 2012
buy euro
No need to worry though...it will only hurt a little bit....atthe beginning.....
singapore td 09:27 GMT January 25, 2012
Cable Longing
agree Kal, sell usd today
euro will have a limited downside today, action on crosses confirm this
Saar KaL 09:25 GMT January 25, 2012
Cable Longing
Reply
Bought Cable here
should north to > 1.5640
I doubt EURUSD Heads lower then 1.2990 today
IMo we'll see it > 1.3040 today
London gd 09:14 GMT January 25, 2012
buy euro
This is perfect. All the WOODUCKS are lining up to get their daily colonoscopy.
GVI Forex john 09:12 GMT January 25, 2012
ALERT- German IFO Survey
Headline data better than forecast other items mixed...
singapore td 09:11 GMT January 25, 2012
buy euro
follow you WTR, buying eurjpy also 101.66, stop 20 pips below, target open
Perth WTR 09:07 GMT January 25, 2012
buy euro
also buy eurjpy 101.72, stop under 101.40
Perth WTR 09:05 GMT January 25, 2012
buy euro
Reply
testing water, buy euro 1.3036, stop under 1.2980, open target, open timeframe
manila tom 08:59 GMT January 25, 2012
BUY euro
Reply
germany data always strong, coming data will also be strong
PAR 08:58 GMT January 25, 2012
Greek Debt Deal - European Taxpayers
Reply
IIF 's Dallara want greater participation of European (read German ) taxpayers to finance Greek deal .
Socialise losses privatise profits and wine and dine in Davos financed by taxpayers .
singapore td 08:46 GMT January 25, 2012
buy usdjpy
Reply
buy usdjpy, 78.20 should be easy
manila tom 08:34 GMT January 25, 2012
buy euro and eurjpy
Reply
euro and cousins turn bullish IMHO, buy on any pullbacks
we have seen the low for the year
Vancouver M 06:43 GMT January 25, 2012
EUR/USD
Sell EURUSD
Entry: Target: Stop:
Congrats wood Snip er Team Leader shot yourself zeus!
NYC BF 05:53 GMT January 25, 2012
MF Global clients unite
Reply
CLIENTS of MF Global have formed a new group to represent their interests to administrators of the failed broker's Australian arm.In an email to other MF Global clients, futures trader Brent Penfold, who has been active in agitating for a better deal for clients, said he hoped to hand over his role to the MF Global Australia Client Support Group.Mr Penfold said the group would be led by accountant and former liquidator Ross Anderson. Share trader and former Deloitte partner John Hancock would also be involved in the group.Deloitte partner Chris Campbell was appointed administrator of MF Global's Australian arm, which held a $319 million trading book on behalf of about 13,000 clients, on November 1 after the broker's New York-based parent collapsed.
www.mfgaclients.com.au
MF Global clients unite
Ind! Rafe... 04:21 GMT January 25, 2012
GBPJPY
Reply
GBPJPY
Entry: Target: Stop:
GBPJPY 126.62 121.96 117.30 112.64
If we breach R1 the target is R2.... however if it turns out to be a false break then the targets are S1 and S2.
Hong Kong Qindex 03:41 GMT January 25, 2012
AUD/USD : Critical Point 1.0386
AUDUSD
Entry: Target: Stop:
AUD/USD : Critical Point 1.0587
The market is positive when it is trading above 1.0485. Speculative selling pressure will increase again when the market is rejected from the barrier at 1.0574 // 1.0587.
Qindex.com
http://www.youtube.com/watch?v=dZEGYpXE5B4
AUD/USD : Monthly Cycle Charts
KL KL 03:26 GMT January 25, 2012
Obama
4 mil lost in gfc, obama created 3 mil.....year to date...really?? or Lies??
Sell audusd 1.0522.... next gold near 1669.....come to mama....
ALL ARMADA Ships launched and ready to Short BIG time......the moon and solar and universe have aligned.....thin market is SOB.....he he.... or Sell Rally from tonight until Sell in May and go away....call it Retirement Protection... Anti Gold Bug day...3rd day of Chinese New Year.... all money used to give red packet...so chinese cash cannot buy gold anymore. Children spend on Ipad, Iphone 3s...while parents work their butts off.....LOL
USA ZEUS 02:54 GMT January 25, 2012
EUR/USD
Brock Thor 01:43 GMT January 25, 2012
Thanks my friend. There has been many targets to acquire/neutralize.
Cheers Alpha Leader!
hk ab 02:29 GMT January 25, 2012
Obama
Reply
sounds like a 100% protectionism approach towards the terrible American economy.......
la la 01:44 GMT January 25, 2012
usdjpy
pair
la la 01:44 GMT January 25, 2012
usdjpy
Reply
Trading this paid requires patience, someting I often lack.
Brock Thor 01:43 GMT January 25, 2012
EUR/USD
EURUSD
Entry: Target: Stop:
ZEUS ...Just logged on...Looks like you opened up with that 82A1 and filled your pockets with pips.
Congrats Sniper Team Leader.
Syd 01:13 GMT January 25, 2012
Suspicious SEC Handling of MF Global Documents Before Bond Offering Questioned
Reply
Critical documents related to MF Global’s financial condition appear to have been delayed for release by the Securities and Exchange Commission (SEC) at an important time just before a MF Global floated a bond offering to professional investors. While possibly a coincidence, approximately the same time the documents in question were finally made public, MF Global professional account holders were beginning to flee the company, leading to an eventual liquidity crisis and the firm’s bankruptcy.
www.hedgeworld.com/blog/?p=4125
Syd 01:11 GMT January 25, 2012
The Aussie dollar goes for gold
Reply
The hedge fund game to borrow euros and push up the Australian dollar has suddenly captured the attention of small and large traders in the US (Facing off against a jobs raid, January 24; Carried away in an Aussie dollar dance, January 23).
The Australian dollar eased last night but the popular cables, including DailyFX in the US, are claiming our currency as a better alternative to investing in gold and silver. When traders invest in commodities they don’t receive interest. DailyFX points out that the Australian and Canadian dollars in some ways are therefore better than gold or silver.
So, if you will allow me to oversimplify, we have most of our trading partners scrambling to lower their currencies – including the US, China and particularly Europe – because they are desperate to employ their people. But the brave Australians have moved to the gold standard in the sure knowledge that our unemployment will rise to 6 per cent and probably go much higher (Why unemployment is heading to 6%, January 20).
The response from our readers to some of the solutions I put forward yesterday was fascinating. It’s clear that many of our readers understand that part of our problem is that we have leaders in Canberra who simply do not understand the ramifications of what is taking place. For example, our moves to make our labour less flexible via the industrial relations legislation will make the impact of the higher dollar worse. And in the middle of our currency becoming a gold standard, and at a time when power costs are skyrocketing, we slap a carbon tax on our manufacturers and large employers.
Australia has a second problem because our banks are being forced to pay higher and higher interest rates on their overseas borrowing. I suggested that the government do the borrowing for the banks and that as a result interest rates should come down.
My readers did not like that idea. Many readers equated this plan with printing money. They believe dwelling prices must come down – or certainly not rise – and some believe that lower interest rates mean that retirees are supporting the rest of the community.
I proposed the idea as a question and was told the answer. But I will be raising it again.
The Swiss currency was an effective gold standard for decades until they found that their unemployment was just too hard to bear and so they have had to clamp their currency. It became impossible to perform any task in Switzerland for export.
If our dollar is to be equated with gold, and we pay higher interest rates than falling currencies, then our dollar could rise to enormous levels. We are going to have to start thinking laterally.
Maybe our readers are right and we have to first cleanse our bad practices and waste, and use the higher dollar to do this. It will be very painful.
But in the end we have to be smart enough to create a society that takes advantage of this situation. We have get to find a way to employ the people who live in our capital and regional cities because if we don’t, Australia will be a very unpleasant place to live. I will return to this subject.
link
Sydney 01:00 GMT January 25, 2012
CPI
Reply
AUD 4Q CPI unch - lower headline than expected
JERUSALEM KB 00:08 GMT January 25, 2012
Forex Trading Plan
Buy GBPAUD
Entry: 1.4946 Target: 1.5010-1.5060 Stop: 1.4857
buy stop
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