Maribor BS 22:19 GMT February 1, 2013
USDJPY
USDJPY reached today possible barrier on monthly charts at ~92,94 for this month. It could(but may not) take some rest; sensible support may be in 85 area.
Sydney ACC 22:13 GMT February 1, 2013
A Modest Proposal for More Fed Buying. A Lot More
What is the cost to the US economy by retaining imperial measurements. Converting to metric could be construed as an investment for the future. There are only three countries that haven't converted Burma, Liberia and USA. What great company.
I was educated using imperial measurements and grew up using pounds shillings and pence. I arrived in Australia a few weeks after the introduction of decimal currency and guess what experienced no problems adapting at all. Australia converted to metric weights and measures about 40 years ago. It was mostly accomplished over a period of five years.
What better time to convert. Converting road signs etc can use the unemployed and channel government expense into industrial production.
dc CB 21:46 GMT February 1, 2013
A Modest Proposal for More Fed Buying. A Lot More
PS
cmmt from ZH
" it shows that the idiotic trillion dollar coin, Sheila Bair's farcical suggestion to let every American borrow $10 million from the Fed at zero rates, or even our suggestion from a year ago that the government build a Death Star, may appear as sheer genius in comparison to what else the Fed may be considering, and implement, before all this is said and done."
GVI Forex Free FX Database 21:09 GMT February 1, 2013
Chart Points
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 john bland 20:50 GMT February 1, 2013
Commitment of Traders Report
Reply
COT Report Gold Positions through Tuesday. Gold longs are down, Shorts are up. Net still heavily long gold.
COT Report NET Gold Positions through Tuesday.
HK [email protected] 20:45 GMT February 1, 2013
usd/jpy
Reply
.
MKt. closing on week high not a good sign for yen longs who are fleeing the market B4 the close.
GVI Forex john bland 20:23 GMT February 1, 2013
A Modest Proposal for More Fed Buying. A Lot More
Is this guy nuts? How can he be trusted to run a bank? The Fed would have to print USD on a massive scale to purchase all those bonds. There ain't no such thing as a free lunch!
HK [email protected] 19:40 GMT February 1, 2013
FWIW
Reply
.
Can't take it more than a number, but the weekly RSI was never that high for the last 18 years, currently at 87.20 .
GVI Forex Blog 19:32 GMT February 1, 2013
Reply
February 1, 2013 (global-view.com) UPCOMING DATA HIGHLIGHTS for Monday, February 4. Updated: Trading Events Calendar
HIGH IMPACT ITEMS: EZ- PPI, US- Facctory Orders.
GVI Forex Data Outlook for 4 February 2013
GVI Forex john bland 19:30 GMT February 1, 2013
Calendar
Reply
February 1, 2013 (global-view.com) UPCOMING DATA HIGHLIGHTS for Monday, February 4.
Updated: Trading Events Calendar
HIGH IMPACT ITEMS: EZ- PPI, US- Facctory Orders.
- Far East: JA- No Major Data.
- Europe: EZ- PPI.
- North America: US- Factory Orders.
dc CB 19:15 GMT February 1, 2013
Fill er Up
Also, as the price of gas rises, people drive less...they eliminate joy driving. As a consequence, local taxes collected...states tax gasoline to fund road/highway projects...fall. So Governors have to ask legislatures to Increase the gas tax in order to fund highway/bridge repair.....happening right now in Maryland and Va.
dc CB 19:09 GMT February 1, 2013
Fill er Up
Food and Fuel are not in the Core.
Supermarket chains and Gas companies, like Shell and Exxon have teamed up to offer "Cents per gal off" rewards for spending on grocery items. Spend $100 and get 10 cents off per gal at participating stations. $200 spent gets 20 cents off...$300...30....that's the limit.
I also beg to differ, it is a tax, but non consider it as such. All these oil companies received subsidies, and as prices rise the call will be for more subsides and less regulation so the companies can "work to make the US independent". The tax, in the case of higher pump prices, just goes directly to the company...they don't lose the "skim off the top" that the government tax collector takes for the pass thru service. Drill baby, Drill.
Mtl JP 18:55 GMT February 1, 2013
Fill er Up
CB 0 is not raising taxes. Speculants are. Oil and gasoline are rising on all the good economic recovery news: energy producers get paid first seeing as they are at the bottom of the economic feeding chain.
Never mind that higher fuel prices fuel price inflation (if not expectations yet) and go counter to Ben's efforts.
dc CB 18:53 GMT February 1, 2013
January's Currency Story: JPY -- a DISCUSSION thread
Until Friday, 1959 was also the last time the Nikkei 225 stock index rallied for 12 straight weeks, driven by the quickening pace of Japan’s postwar economic boom. Now the index has repeated that feat. The Japanese business media have been quick to jump on the historical tidbit, trumpeting the Nikkei’s best weekly run in 54 years. The rally in 1959 actually lasted 17 weeks.
“The expectations pinned on Prime Minister Abe’s drive to tackle deflation and the strong yen are the driving force pushing stocks toward this postwar record,” the Nikkei newspaper said.
Nikkei’s Best Weekly Run in 54 Years
JERUSALEM KB 18:42 GMT February 1, 2013
Trading the sup & ress. levels
OTHER
Entry: Target: Stop:
don`t miss hammering AUDCHF to 0.9060-0.8845 if we have a weekly close below0.9425
dc CB 18:37 GMT February 1, 2013
Fill er Up
Reply
record highs for the first week of February as per AAA, hitting an all time high of $3.465 for this day and just surpassing last year's price of $3.455; and based on where wholesale prices are (given the lag), we could be seeing $4.00 gas at the pump in the next few weeks.
++++++++++++++++++++++++++++++++++++++++++++++
"I will not raise taxes on the middle class" ....the O. 2013
On This Day In History, Gas Prices Have Never Been Higher
dc CB 18:00 GMT February 1, 2013
gold
Today was first notice day for February delivery in gold, and as usual, we had a waterfall raid in gold to $1655. The cartel MO has long been to raid gold and silver on options expiration as well as first notice day, to help prevent longs from standing for delivery.
While the the cartel raid was successful based on the paper futures price, it was an epic fail based on physical gold delivery requests, as a monumental 1.391 million ounces, or 43.26 tonnes of gold stood for delivery today on first notice day
43 Tonnes of Gold Stand for February Delivery on 1st Notice Day
dc CB 17:44 GMT February 1, 2013
POMO
Next week around $10.5bil will hit the risk markets, JUST from the Fed's Treasury buys...another near equal amount from the MBS buying....Mon thru Friday
short month... 28days = Mo Money per trading day. to get to $85bln in 20 trading days.
POMO Sched - Just Treasuries
Mtl JP 17:42 GMT February 1, 2013
Benefits of Affluence
Reply
No-money-down mortgages are back
Some affluent buyers are getting the keys to their new home without putting a penny down.
..."Some banks are using this product to lure in clients, such as BOK Financial’s offer, which is available to new physicians."...
Personally I d like to know that a "young physician" "has been lured into such product" before I let him/her with a scalpel slice into me.
dc CB 17:31 GMT February 1, 2013
Good IF
I wonder how the annual Yen Repat -- Feb/March, will play out this year.
dc CB 17:29 GMT February 1, 2013
United States
Baltimore Ravens (american football) in the Super Bowl in New Orleans this sunday....fans from this region drving down...in SUVs?
HK [email protected] 17:28 GMT February 1, 2013
Good IF
Reply
.
If Jpy was just sold against other currencies, but seems it is being sold against everything which may rise against the yen.
Possibly in the multi-trillion derivative Mkts lot of that kind of action.
When things will turn sour, and the Algos will go banana, then some will smile less.
The selfish Japanese are in a hurry to have their way, just to find later, that they may have caused a huge world crisis, the worse since the last great depression.
So by that time, they will have to look for buyers for their products, which not many of them may be around.
dc CB 17:26 GMT February 1, 2013
United States
pulled back from the edge.
Next 10Y auction is Wed Feb 13...2.5% on too much Good News???
HK [email protected] 17:05 GMT February 1, 2013
January's Currency Story: JPY -- a DISCUSSION thread
.
JPY is clearly a funding currency for fueling stock Mkts around the world. So likely short will rise this week.
The Q. is if correction in those Mkts. will come,, will the BOJ come to the rescue of the Shorts on the jpy and be able to keep the yen low.
Any idea?
JERUSALEM KB 16:58 GMT February 1, 2013
Trading the sup & ress. levels
AUDNZD
Entry: Target: Stop:
jerusalem kb 20:00:51 GMT - 01/23/2013
AUDNZD
Entry: Target: Stop:
there is a support breakout on monthly and price go up to retest broken support and form a sell signal below trend line , every thing looks good for downtrend but should wait for daily support breakout
JERUSALEM KB 16:49 GMT February 1, 2013
Trading the sup & ress. levels
Entry: 124.22 Target: Stop: 125
JERUSALEM KB 11:05:47 GMT - 02/01/2013
Buy EURJPY
Entry: 124.22 Target: 130 Stop: 124.70
Buy EURJPY
Entry: 124.22 Target: 125.92-130 Stop: 123.70
correction : target is 125.92 and 130 as short term target too.
==========
HIT FIRST TARGET WITH 170PIPS+ HOLDING REST
GVI Forex john bland 16:48 GMT February 1, 2013
January's Currency Story: JPY -- a DISCUSSION thread
I will be closely watching the Commitment of traders report later today to see if JPY shorts were reduced again for the seventh straight week. I have to admit that I am a little skeptical of the data. I find it a little hard to believe that JPY shorts have not gradually been building.
JERUSALEM KB 16:47 GMT February 1, 2013
Trading the sup & ress. levels
Buy GBPJPY
Entry: 144.30 Target: 150.80 Stop: 145.20
JERUSALEM KB 11:08:11 GMT - 02/01/2013
Buy GBPJPY
Entry: 144.30 Target: 150.80 Stop: 144.80
JERUSALEM KB 18:23:45 GMT - 01/31/2013
Buy GBPJPY
Entry: 144.30 Target: 146-150.80 Stop: 143.80
JERUSALEM KB 10:03:09 GMT - 01/31/2013
Buy GBPJPY
Entry: 144.30 Target: 146-150.80 Stop: 143.30
buy stop
========
closed 1/3 with 70pips+ and sl 143.80
===========
HIT 2ND target with 170pips+ and now holding 1/3 for 150
hk ab 16:42 GMT February 1, 2013
January's Currency Story: JPY -- a DISCUSSION thread
I kind of agree Laowen's view on eur/jpy.....
short at daily chart channel top.
If the pair doesn't make a key-reversal or inverted hammer, then, run and exit with your profit at hands at day close.
buying against channel bottom looks limbo to me now.
And stops are not effective as HF knew most position and run stops they can see.
GVI Forex john bland 16:35 GMT February 1, 2013
January's Currency Story: JPY -- a DISCUSSION thread
This thread remains alive. So far the general thrust of the posts have been dead on, although intra-day volatility has picked up greatly.
When I have to widen my stops, I am always careful to reduce my leverage.
Any thoughts on the EURJPY or USDJPY at current levels?
kl fs 16:20 GMT February 1, 2013
buy eurjpy
Well done all eur bulls and jpy sellers. Congrats on those many pips. It has been very rewarding and well deserved
hyderabad krishna 16:13 GMT February 1, 2013
gold
Reply
FM: your view on gold please
London Misha 16:12 GMT February 1, 2013
GBP weakness!
Reply
Hearing part of GBP weakness attributed to alleged Daily Mail website article of possible plot to oust Chancellor Osborne after May local elections!
Amman wfakhoury 15:52 GMT February 1, 2013
EURJPY 126.24
Reply
Amman wfakhoury 09:39 GMT February 1, 2013
eurjpy 126.24: Reply
126.24 confirmed
126.24 reached and became consolidation
Beijing Laowen 15:45 GMT February 1, 2013
usdjpy
Buying e/j and u/j along their hourly ema21 with 50 pips s/l has been my non-brainer trading tactics these days, which works nicely. However, atm, I feel a bit sensitive because the market is too one-sided. holding partial e/j and u/j longs with s/l well above their entries.
jkt abel 15:32 GMT February 1, 2013
usdjpy
Reply
comrades, usdjpy will climb above 93 on the last hour, monday a gap up to above 95, sounds good? ;)
kl fs 15:29 GMT February 1, 2013
buy eurjpy
laowen, usdjpy close strong, 95 next week and 100 further
Beijing Laowen 15:24 GMT February 1, 2013
buy eurjpy
Yes td, easy above 126 from below 125. easy 100+ pips.
singapore td 15:22 GMT February 1, 2013
buy eurjpy
that's it, easy close above 126 for eurjpy, see you all next week
kl fs 15:19 GMT February 1, 2013
buy eurjpy
HFs will help 95 usdjpy come true next week
kl fs 15:17 GMT February 1, 2013
buy eurjpy
rana, twice your elevator is broken today, still counting on 'made in japan'? better get made in china instead, cheaper
singapore td 15:15 GMT February 1, 2013
mkt
just set buy eurjpy and forget it ab, will go up
GVI Forex john bland 15:12 GMT February 1, 2013
United States
U.S./Eurozone PMIs. All three PMI measures pointed sharply upward.
hk ab 15:12 GMT February 1, 2013
mkt
Reply
hard to deal under this circum.
but eur/jpy needs to watch.
singapore td 15:11 GMT February 1, 2013
buy eurjpy
byebye jpy, nice quick dip as promised
GVI Forex john bland 15:07 GMT February 1, 2013
United States
University of Michigan Sentiment. Final reading revised up sharply. January University of Michigan and Conference Board surveys diverging slightly.
hk ab 15:06 GMT February 1, 2013
mkt
Reply
maybe fund man just hit s/l on both sides by momentum......
eur under 1.36 was brief and funny.
almost hit FM s/l too.
singapore td 15:06 GMT February 1, 2013
buy eurjpy
eurjpy 130 next
bali sja 15:03 GMT February 1, 2013
buy eurjpy
here we go!! usdjpy back above 92, just buy jpy pairs will close strong!!
Central Kwun 15:02 GMT February 1, 2013
gold
Buy Gold
Entry: Target: Stop:
why bought that early? now 1663
hk ab 15:02 GMT February 1, 2013
gold
Reply
stopped 1663
GVI Forex john bland 15:00 GMT February 1, 2013
United States
-- ALERT --
U.S. Manufacturing PMI January 2013
(pre-data EURUSD=1.3600)
53.1 vs. 50.5 exp. vs. 50.7 prev.
Mfg PMI Employment
54.0 vs. n/a exp. vs. 51.9 prev.
TTN: Live News Special Offer
bali sja 15:00 GMT February 1, 2013
buy euro
ashraf said NFP is good enough to open 1.37 and 1.38
hk ab 14:59 GMT February 1, 2013
gold
Reply
Kwun, your stop lures!
bought small now 1670
hk ab 14:56 GMT February 1, 2013
gold
Reply
buy back 1674.
hyderabad krishna 14:56 GMT February 1, 2013
gold
ab: your target for gold sell...
GVI Forex john bland 14:55 GMT February 1, 2013
United States
-- ALERT --
University of Michigan Sentiment Index
(pre-data EURUSD= 1.3600)
January 2013 final
73.8 vs. 71.3 exp. vs. 71.3 prev.
TTN: Live News Special Offer
hk ab 14:49 GMT February 1, 2013
gold
Reply
"sell" some at 1677.3
Hong Kong Qindex 14:48 GMT February 1, 2013
EUR/USD : Current Comments
Sell EURUSD
Entry: Target: Stop:
Hong Kong Qindex 03:11 GMT February 1, 2013 - My Profile
EUR/USD : Current Comments : Reply
EURUSD
Entry: Target: Stop:
EUR/USD : The market is under pressure when it is rejected from the barrier at 1.3604 // 1.3634.
Qindex.com
EUR/USD : Monthly Cycle Charts
tokyo rana 14:47 GMT February 1, 2013
jpy
Sell GBPCHF
Entry: 1.46sold on break of 1.47 Target: open Stop: 146now
75% closed.......happy trade
bali sja 14:44 GMT February 1, 2013
buy eurjpy
looks like eurjpy has finished correction? hopefully we go higher now
jkt abel 14:40 GMT February 1, 2013
jpy
eurjpy 124.70 held and euro also help 1.36, time to go upppp
singapore td 14:38 GMT February 1, 2013
jpy
eurjpy will snap back up later and close above 126, still early
jkt abel 14:36 GMT February 1, 2013
buy euro
Reply
buy euro 1.3603, stop 1.3567 for this one
hk ab 14:36 GMT February 1, 2013
gold
Reply
looks like we have fuel now for 1700!
eur/jpy and gold inverse relationship in works!
tokyo rana 14:33 GMT February 1, 2013
jpy
Sell USDJPY
Entry: 92.15 Target: 50/70next Stop: 93.15
singapore td 14:29 i remeber my friend april may 2010 you shorting jpy markeet was at level and jpy rally intraday 1200pips....gbpjpy 140/146 usdjpy 90/94...and you was saying same thing like today your saying.....happy trade
bali sja 14:32 GMT February 1, 2013
buy eurjpy
Reply
bought 125.03, stop 124.67, good r/r
London Misha 14:31 GMT February 1, 2013
Observations
Reply
EURUSD - Follow on to Key Reversal Up through 2012 high & Tweezer Top on Daily Chart.
USDJPY - Follow on to Bullish Engulfing Pattern on Daily Chart.
GBPUSD - 2nd White Soldier after Bullish Harami as market neared 50% Fib support @ 1.5636 on Daily Chart.
USDCHF - Break down through 2013 low on Daily Chart. Dead Cross Short MA down through Short/Medium MA.
EURGBP - Bearish Harami yesterday but today possible bigger Bullish Harami, all on Daily Chart.
USDCAD - Black Marubozo after combined 2nd Long Black Marubozo/Shooting Star on Daily Chart, 1st close under Long MA.
AUDUSD - Spinning Top after unusual Pipe Top/Closing & Opening Marubozos formation on Daily Chart.
USDZAR - Bearish Marubozo after Spinning Top on Daily Chart.
USDBRL - Possible Bullish Hammer on Daily Chart.
singapore td 14:29 GMT February 1, 2013
jpy
yes buy gold and buy jpy pairs, will go in tandem
Central Kwun 14:28 GMT February 1, 2013
jpy
Buy Gold
Entry: 1680 Target: Stop: 1670
follow you, buy gold now
tokyo rana 14:26 GMT February 1, 2013
jpy
Reply
Buy Gold
Entry: Target: Stop: 1664now
tokyo rana 08:01 GMT February 1, 2013 - My Profile
extreme: Reply
Buy Gold
Entry: 1665 Target: open Stop: 1645
buy gold now for 1700/1900.....happy trade
Central Kwun 14:25 GMT February 1, 2013
gold
Buy Gold
Entry: Target: Stop:
so you are buying gold instead, haha
singapore td 14:23 GMT February 1, 2013
buy usdjpy
Reply
bought usdjpy as well 91.89, stop for this under 91.20
hk ab 14:23 GMT February 1, 2013
gold
Kwun, if I don't short the 1 tael position, the bangster will not push it up above 1680 now.
Central Kwun 14:21 GMT February 1, 2013
gold
Buy Gold
Entry: Target: Stop:
hk ab 13:56 GMT February 1, 2013
gold: Reply
tight s/l 1676,
oops, why short gold? data is bad
hk abg 14:21 GMT February 1, 2013
gold
Reply
1713 in cards.....
singapore td 14:21 GMT February 1, 2013
buy eurjpy
adding here 125.20 some hourly support
singapore td 14:19 GMT February 1, 2013
e/j
nothing to worry about, euro holds 1.3570 by close means upside is good
tokyo rana 14:17 GMT February 1, 2013
e/j
hk ab 14:15 yes my friend.....2 weeks later eurjpy below 110 maybe by next friday....
hk ab 14:15 GMT February 1, 2013
e/j
Reply
Fri elevator express?
singapore td 14:14 GMT February 1, 2013
buy eurjpy
Reply
reload eurjpy long 125.42, stop the same with Jerusalem KB's 124.70
GVI Forex john bland 14:03 GMT February 1, 2013
United States
U.S./Eurozone PMIs. Marikt mfg PMI revised down slightly from flash. Still much stronger than ISM PMI (traditional statistic) due later.
GVI Forex john bland 13:58 GMT February 1, 2013
United States
-- ALERT --
U.S. Markit (not ISM) final Manufacturing PMI December 2013
(pre-data EURUSD=1.3665)
55.8 vs. 56.1 (flash) exp. vs. 56.1 prev.
TTN: Live News Special Offer
hk ab 13:56 GMT February 1, 2013
gold
tight s/l 1676,
hk ab 13:54 GMT February 1, 2013
gold
Reply
small short 1672.
hk ab 13:53 GMT February 1, 2013
gold
Reply
flag in 5 mins chart......
hk ab 13:45 GMT February 1, 2013
gold
Reply
exit all longs. happy w/e
tokyo rana 13:40 GMT February 1, 2013
gold
Buy Gold
Entry: 1665 Target: Stop: 1660now
no problem today ibought 1665...happy trade
GVI Forex john bland 13:40 GMT February 1, 2013
United States
Monthly jobs U.S. Headline data a bit weaker than expected, but previus data revised higher...
Click on chart for more than 10-yr history
hk ab 13:37 GMT February 1, 2013
gold
RF, we need those HF exit their super fatty profit on e/j inorder to push up gold.......imvho.
1675 breaks mean 1713!
Lahore FM 13:34 GMT February 1, 2013
" Trade Ideas "
Buy Gold
Entry: 1665.95 Target: Stop: 1660 for half
Lahore FM 10:50:05 GMT - 02/01/2013
Buy Gold
Entry: 1665.95 Target: 1685 first Stop: 1655 non rigid
long here.
--
half closed at 1672.60 now.sl raised.
hk ab 13:34 GMT February 1, 2013
gold
Reply
silly bank indicator NEVER misses!
Nabat 13:33 GMT February 1, 2013
Gold
Here we go ;)
GVI Forex john bland 13:32 GMT February 1, 2013
United States
-- ALERT --
U.S. Employment January 2013
Avg earnings +0.20% vs. +0.20% exp. vs. +0.30% prev.
Avg workweek 34.4 hrs vs. 34.4 exp. vs. 34.4 prev.
TTN: Live News Special Offer
GVI Forex john bland 13:31 GMT February 1, 2013
United States
-- ALERT --
U.S. Employment January 2013
(pre-data EURUSD=1.3645)
NFP Jobs: +157 vs. +165K exp. vs. +196K prev. rev
Private Empl: +166 vs. +162K exp. vs. +202K prev. rev
Rate: 7.93% vs. 7.80% exp. vs. 7.80% prev.
TTN: Live News Special Offer
HK [email protected] 13:22 GMT February 1, 2013
Gold
.
Possibly because of the cold weather people remained home, thus stop seeking jobs:)
manila tom 13:22 GMT February 1, 2013
Gold
So your logic the unemployed will buy gold?
Nabat 13:14 GMT February 1, 2013
Gold
Reply
I dont know why i am feeling positive abt gold, taking into consideration that the unemployment rate will be higher to 8% to be released after 15 mins
GVI Forex john bland 13:08 GMT February 1, 2013
United States
Reply
Consensus forecast for payrolls 165K post ADP market expectations seem to be rising modestly. "Whisper numbers" are notoriously unreliable.
hk ab 13:02 GMT February 1, 2013
gold
Reply
HF has plenty of bullets to shoot gold up to the moon now.....
manila tom 12:41 GMT February 1, 2013
euro
Reply
euro's daily candle formation does not favour reversal, bulls should be comfortable today IMHO
jkt abel 12:22 GMT February 1, 2013
usdjpy
[email protected], jpy pairs may dip temporarily, but that will be quickly reversed to make a very strong close, at least that has been the play so far and it is working well for those big players, so why would they change that..
ed kw 12:17 GMT February 1, 2013
oil
Reply
looking for brake out to top side if its bad look for usd/chf up side
hk ab 12:03 GMT February 1, 2013
gold
RF, almighty bangsters exit at 1) option expiry 2) when everyone is hyper....
both conditions are not met at the moment.
hk ab 12:02 GMT February 1, 2013
gold
my view is gold goes back to 1670.3 "consolidation" level before the true direction sets in......
If 1706 doesn't hold this time, I think gold unbelievable outbreak is coming.....
HK [email protected] 12:01 GMT February 1, 2013
gold
.
hk ab 11:59 GMT
And if the almighty Banksters will short against all the enthusiastic buyers?
Not too pleasant:)
hk ab 11:59 GMT February 1, 2013
gold
RF, my silly bank indicator is saying otherwise and also FM is buying.
I guess the money exit from eur/jpy profit and goes into gold in "rush" this time.
HK [email protected] 11:57 GMT February 1, 2013
gold
hk ab 11:44 GMT
I prefer to ask you.
If for example gold will drop today to 1605, what do you think yen will do?
GVI Forex Jay Meisler 11:52 GMT February 1, 2013
MT4
Reply
For those using MT4 as a trading platform, please contact me as I have a question to ask. Contact me by EMAIL or use [email protected]
TIA
PAR 11:52 GMT February 1, 2013
Another European Bank nationalised
Reply
(Reuters) - The Netherlands nationalized bank and insurance group SNS Reaal (SR.AS) at a cost of 3.7 billion euros ($5 billion) on Friday to shore up confidence in the financial sector after a private investor-led rescue collapsed.
Another state rescue of a financial group will lead to a worsening in the Dutch budget deficit this year - which is already forecast to exceed European Union targets - and is likely to prompt a public outcry given the billions of euros of budget cuts and austerity measures in recent years.
It is also a sign of how many European banks, five years on from the height of the global financial crisis, are struggling to turn a corner amid weak economies and tougher regulations. French bank Credit Agricole (CAGR.PA) announced over $5 billion of charges on Friday, a day after Deutsche Bank (DBKGn.DE) also unveiled big writedowns.
HK [email protected] 11:49 GMT February 1, 2013
usdjpy
.
" hedge funds will help that course"
This can be very correct, but....
a) They are all vultures one after the neck of the other.
b) They are in intention of making money for themselves, not necessarily for hitchhikers.
hk ab 11:44 GMT February 1, 2013
gold
Reply
If yen makes a vertical move, will gold be benefited or hurt? opinions welcome.
jkt abel 11:34 GMT February 1, 2013
usdjpy
Reply
Japan mentioned already they want usdjpy to be 95 at least, hedge funds will help that course, should hold current level well for a strike at that level as early as possible
bali sja 11:21 GMT February 1, 2013
usd
Reply
if usdchf is any guide, looks like we are going back to sell-usd game
euro 1.40 may coincide with usdchf 0.86
bali sja 11:15 GMT February 1, 2013
buy eurjpy
stop btw is 125.17
bali sja 11:14 GMT February 1, 2013
buy eurjpy
Reply
previous resistance becomes support, bought eurjpy 125.78 for NFP fun
jkt abel 11:11 GMT February 1, 2013
Trading the sup & ress. levels
thanks for the updates master KB
wonderful jpy trades! always feel confident trading in the same direction as yours
JERUSALEM KB 11:08 GMT February 1, 2013
Trading the sup & ress. levels
Buy GBPJPY
Entry: 144.30 Target: 150.80 Stop: 144.80
JERUSALEM KB 18:23:45 GMT - 01/31/2013
Buy GBPJPY
Entry: 144.30 Target: 146-150.80 Stop: 143.80
JERUSALEM KB 10:03:09 GMT - 01/31/2013
Buy GBPJPY
Entry: 144.30 Target: 146-150.80 Stop: 143.30
buy stop
========
closed 1/3 with 70pips+ and sl 143.80
===========
HIT 2ND target with 170pips+ and now holding 1/3 for 150
JERUSALEM KB 11:06 GMT February 1, 2013
Trading the sup & ress. levels
JERUSALEM KB 19:42:16 GMT - 01/31/2013
Sell AUDCAD
Entry: 1.0430 Target: 1.0370 Stop: 1.0455
Sell AUDCAD
Entry: 1.0430 Target: 1.0370 Stop: 1.0476
SELL STOP
=====
sl 1.0455
==
HIT TARGET
JERUSALEM KB 11:05 GMT February 1, 2013
Trading the sup & ress. levels
Buy EURJPY
Entry: 124.22 Target: 130 Stop: 124.70
Buy EURJPY
Entry: 124.22 Target: 125.92-130 Stop: 123.70
correction : target is 125.92 and 130 as short term target too.
==========
HIT FIRST TARGET WITH 170PIPS+ HOLDING REST
jkt abel 11:03 GMT February 1, 2013
Eurozone
all neutral to positive data from EU zone and others in general, euro has responded well to be above 1.36
Lahore FM 10:50 GMT February 1, 2013
" Trade Ideas "
Buy Gold
Entry: 1665.95 Target: 1685 first Stop: 1655 non rigid
long here.
GVI Forex john bland 10:38 GMT February 1, 2013
CURRENCY WARS: EURO continues its strong advance vs. the JPY and USD. EU officials cannot be pleased
Reply
- HIGH
IMPACT
ITEMS: US- Employment, University of Michigan
- CURRENCY WARS: The EUR has continued to work higher
vs. the USD and JPY following a number of stronger than expected PMI
readings from Europe. U.K. PMI data were a touch weaker than expected,
but still (barely) at an expansion level. The EZ flash HICP (CPI)
estimate of 2.0% yy for January brought the ECB back in line with its
target for the first time since December 2010 .
- Markets are waiting eagerly for the January U.S. employment
figures. due on the N.Y. open. The ADP private employment data released
on Wednesday suggest a decent NFP report. Street estimates are
for a gain of 155,000 in the month, although "whisper numbers" are for
a slightly higher reading. Job growth levels continue to point to a
tepid recovery.
- Chinese PMI data (NBS and HSBC) were mixed today but still
suggested that the economy is in expansion.
- Australian PMI data released early in the day were
especially weak. The Reserve Bank pf Australia (RBA) meets for the firs
time in two months next Tuesday.
- The key EURUSD 20-day moving average is 1.3323. the 10-yr
bund is 1.71%, +3 bp. European bourses are up. U.S. shares are
higher.
The U.S. 10-yr is 2.00%, +2bp.
- Key Far East bourses were mixed to higher. The 10-yr JGB is
0.77%, +2bp. The USDJPY 20-day average is 89.37. EURJPY 20-day
average is
119.10.
GVI Forex john bland 10:07 GMT February 1, 2013
Eurozone
EZ flash HICP (CPI). Finally back to the ECB target of "just below 2.0%".
GVI Forex john bland 10:00 GMT February 1, 2013
Eurozone
-- ALERT --
flash HICP (CPI) January 2013
(pre-data= 1.3663)
Headline
yy: +2.00% vs. +2.20% exp. vs. +2.20% prev.
TTN: Live News Special Offer
GVI Forex john bland 10:00 GMT February 1, 2013
Eurozone
-- ALERT --
EZ Unemployment January 2013
(pre-data= 1.3663)
11.70% vs. 11.90% exp. vs. +11.80% prev.
TTN: Live News Special Offer
jkt abel 09:51 GMT February 1, 2013
eur/jpy
at least data today show all good for stocks and so will be jpy pairs
next week or other times maybe different, but not today IMHO
Beijing Laowen 09:49 GMT February 1, 2013
eur/jpy
LOL. My scalp long on $CHF was stopped out with 19 pips loss. Only this one scalp for today, Friday, must refrain from doing one more.
Beijing Laowen 09:47 GMT February 1, 2013
eur/jpy
ab, thanks for the reminder. Yes, if an instrument is viewed too one-sidedly, then a counter action is more and more probable to take place at no time. cheers.
jkt abel 09:42 GMT February 1, 2013
euro
Reply
euro 1.37-1.38 later looks promising :)
hk ab 09:41 GMT February 1, 2013
eur/jpy
mkt psyc. 101
If you find one product is full of passenger while another one is quite empty, you will SWITCH.
when e/j is too overload, players can exit and switch to another vehicle. For me, I think it's likely to be gold or a/j.......
GVI Forex john bland 09:41 GMT February 1, 2013
Switzerland
Swiss PMI stronger than expected and in expansion...
kl fs 09:39 GMT February 1, 2013
eur/jpy
i will be happy to cover the rest there Laowen if seen
like you, won't be tempted to scalp today, 132 is in the radar by end of march
let the usual top pickers do their job
Beijing Laowen 09:36 GMT February 1, 2013
eur/jpy
fs, for me, e/j @ 127.90 area is visible today. Maybe it is an scalp level for short, but I will not.
hk ab 09:34 GMT February 1, 2013
gold
Reply
start to feel that the balistic move is coming. But will wait patiently till silly bank gives a promising signal.
GVI Forex john bland 09:34 GMT February 1, 2013
United Kingdom
U.K. PMIs Manufacturing PMI a touch weaker than expected, but still in expansion.
kl fs 09:34 GMT February 1, 2013
eur/jpy
agree Laowen, bears are slaughtered these last few days
interesting...
sky is truly the limit now 126.70? 127.80? all is within reach
kl fs 09:31 GMT February 1, 2013
PMIs
Reply
interesting PMI data release
so all is good then, everyone is back to happy days, most are in expansion zone, nothing to worry about, recession is over ;)
Beijing Laowen 09:25 GMT February 1, 2013
eur/jpy
Even if we want to sell e/j, me thinks at least we should wait for a classic single day reversal pattern on the daily chart. Otherwise, buy it as a non-brainer alongside the hourly trend line.
Plovdiv Gotin 09:24 GMT February 1, 2013
Year Hi
Reply
EURUSD
Entry: Target: Stop:
If 1.3658 hold = Year Hi.
Perth WTR 09:23 GMT February 1, 2013
eur/jpy
make sure they have qualified technicians and assemblers, and strict QC before deploying it, we do not want another disaster like the nuke power plant
tokyo rana 09:21 GMT February 1, 2013
eur/jpy
Perth WTR 09:17 yes they preparing new one donot worry....
GVI Forex john bland 09:21 GMT February 1, 2013
China
EARLIER: China PMIs were mixed but in expansion territory.
Perth WTR 09:19 GMT February 1, 2013
eurjpy
Reply
next 126.65
Beijing Laowen 09:19 GMT February 1, 2013
eur/jpy
WTR, yes. USDCHF at this moment is also interesting,imho, intaday wise, it can be tried for a buy here with s/l 0.9055.
tokyo rana 09:19 GMT February 1, 2013
jpy
Sell EURJPY
Entry: add130 Target: open Stop: later
i made 55pips in gbpjpy short gbpjpy position was 10times bigger then eurjpy....eurjpy 1k and gbpjpy 10k so over all plus.....happy trade
Perth WTR 09:17 GMT February 1, 2013
eur/jpy
yes Laowen, path of least resistance is very clear for eurjpy ;)
rana's elevator is broken, cant blame the japanese for that, it may be made in japan but the assemblers are just not qualified ;)
tokyo rana 09:14 GMT February 1, 2013
jpy
yes holding very small one.....
Beijing Laowen 09:13 GMT February 1, 2013
jpy
rana, are you still short e/j?
Beijing Laowen 09:12 GMT February 1, 2013
eur/jpy
In this kind of strongly trendy e/j bull market, "close your eye and buy buy buy" could be the easiest and cleanest method. lol.
tokyo rana 09:12 GMT February 1, 2013
jpy
Reply
Sell USDCHF
Entry: 0.9065 Target: open Stop: 0.9165
happy trade
GVI Forex john bland 09:11 GMT February 1, 2013
Eurozone
EZ final Mfg PMI. Revised higher from flash estimate...
Amman wfakhoury 09:05 GMT February 1, 2013
Gold
Reply
ashraf laidi said on 23th Jan 13
Gold will rise 1740 then 1760 but not more than 1830.
But he did not say when ?
hk ab 08:59 GMT February 1, 2013
eur/jpy
Reply
let's see what kind of historical accident could happen on this pair.....
Has it broken the record in weekly chart for the longest straight rise without a retracement yet?
GVI Forex 08:56 GMT February 1, 2013
Germany
Reply
GERMAN FINAL JAN MFG PMI 49.8; FLASH 48.8; DEC 46.0
Perth WTR 08:46 GMT February 1, 2013
eurjpy
euraud makes new highs, should be good for other eur pairs later, nfp is just an excuse to be used later, pathway is clear for euro
Perth WTR 08:08 GMT February 1, 2013
eurjpy
followed you td, try some eurjpy long 125.43
Karachi 08:07 GMT February 1, 2013
Todays Technicals
1st February 2013
GOLD
Resistance Levels:
$ 1678.1 - $ 1691.5 - $ 1701.4
SUPPORT LEVELS:
$ 1654.8 - $ 1644.9 - $ 1631.5
STRATEGY:
Neutral
Buy above $1652, using a stop loss of $1641, targeting $1674.
Sell below $1678, using a stop loss of $1685, targeting $1655.
Silver
Resistance Levels:
$ 32.02 - $ 32.58 - $ 33.03
SUPPORT LEVELS:
$ 31.01 - $ 30.56 - $ 30.00
STRATEGY:
Neutral
Buy above $31.00, using a stop loss of $30.60, targeting $31.70.
Sell below $31.60, using a stop loss of $32.20, targeting $30.90.
Crude Oil
Resistance Levels:
$ 98.02 - $ 98.63 - $ 99.22
SUPPORT LEVELS:
$ 96.82 - $ 96.23 - $ 95.62
STRATEGY:
Neutral
Buy above $96.90, using a stop loss of $96.40, targeting $97.80.
Sell below $97.80, using a stop loss of $98.20, targeting $96.90.
CURRENCIES:
AUD / USD
Resistance Levels:
$ 1.0459 - $ 1.0490 - $ 1.0530
SUPPORT LEVELS:
$ 1.0388 - $ 1.0348 - $ 1.0317
STRATEGY:
Neutral
Buy above $1.0365, using a stop loss of $1.0330, targeting $1.0410.
Sell below $1.0410, using a stop loss of $1.0440, targeting $1.0360.
GBP / USD :
Resistance Levels:
$ 1.5902 - $ 1.5938 - $ 1.6002
SUPPORT LEVELS:
$ 1.5802 - $ 1.5738 - $ 1.5702
STRATEGY:
Neutral
Buy above $1.5840, using a stop loss of $1.5800, targeting $1.5920.
Sell below $1.5900, using a stop loss of $1.5920, targeting $1.5850.
EURO / USD :
Resistance Levels:
$ 1.3637 - $ 1.3664 - $ 1.3713
SUPPORT LEVELS:
$ 1.3561 - $ 1.3512 - $ 1.3485
STRATEGY:
Neutral
Buy above $1.3550, using a stop loss of $1.3490, targeting $1.3650.
Sell below $1.3650, using a stop loss of $1.3690, targeting $1.3550.
singapore td 08:04 GMT February 1, 2013
eurjpy
bought small eurjpy 125.46, add 125.20, stop all 124.77
tokyo rana 08:01 GMT February 1, 2013
extreme
Buy Gold
Entry: 1665 Target: open Stop: 1645
buy gold now for 1700/1900.....happy trade
kl fs 07:52 GMT February 1, 2013
eurjpy
out of eurjpy long now 125.55, only left final 1/4 with stop just under 124.80, will see later if can get chance to relong again
out for a while, be back before NFP
tokyo rana 07:49 GMT February 1, 2013
extreme
look like elevators ready....japan took lots of time to prepare this elevators.....this is unique and special elevators....happy trade
singapore td 07:27 GMT February 1, 2013
usdjpy
tom, US will manipulate NFP data later as well, so count them HFs+BOJ+Fed
manila tom 07:22 GMT February 1, 2013
usdjpy
Reply
HFs + BOJ in tandem, 100 shouldn't be too hard
manila tom 06:42 GMT February 1, 2013
audusd
Reply
audusd seems to be supported here fwiw
jkt abel 06:16 GMT February 1, 2013
buy euro
Reply
btw, Ashraf was recommending target 1.40 for euro
kl fs 06:07 GMT February 1, 2013
extreme
no elevators available unfortunately, stuck with the stairs
makassar alimin 05:46 GMT February 1, 2013
extreme
Reply
up the stairs, down the elevator
bali sja 05:32 GMT February 1, 2013
euro
Reply
testing water now until London bought euro 1.3624, adding 1.3608
stop 1.3578
manila tom 05:26 GMT February 1, 2013
eurjpy
btw, superb call yesterday kl,fs! hats off! you seem to be riding the trend really well, much better than top pickers around
manila tom 05:20 GMT February 1, 2013
audusd
Reply
better play something else than overcrowded eur and jpy trades
bought audusd 1.0388, stop under 1.0330 for now
jkt abel 04:57 GMT February 1, 2013
EUR/USD Fallout
don't worry 1.37-1.38 later ;)
Sanibel Is. Fl. Sir Ignore 04:53 GMT February 1, 2013
EUR/USD Fallout
caught the very top of the spike??? no spread......... ....
kl fs 04:52 GMT February 1, 2013
euro
Reply
we need draghi to come out again and send euro to 1.40 ;)
kl fs 04:45 GMT February 1, 2013
Yen
yes, let the profits run, this is just a game of managing profits now, cannot lose, only sky is the limit
USA ZEUS 04:44 GMT February 1, 2013
EUR/USD Fallout
Loaded short all in at 1.3632
NYC Global-Jew 04:41 GMT February 1, 2013
Yen
Reply
Party is not over for euro/ yen buyers yet.not until 128....don't believe the BOJ mantra that there has been no intervention....THERE HAS.....this is not a guess but coming from first hand experience.
NYC Global-jew 00:16 GMT January 11, 2013
Yuan Vs Yen: Reply
As YUan swap lines of exchange increase between chinas major trading partners hence by passing the international use of Usd , this at the same time prevents any pressure on the Chinese govmt to step up revaluation of yuan against the usd and yen.While yuan swap lines increase the yuan stays weak and Japan is countering this trading disadvantage by the only way it knows: weakening yen via intervention and increasing its own swap lines...result:A weak usd/ jpy heading to 105 and a weakerEuropean/Yen following to 128.
jkt abel 04:38 GMT February 1, 2013
eurjpy
Laowen, even 125 is a good support intraday probably for some scalp ;)
Beijing Laowen 04:33 GMT February 1, 2013
eurjpy
fs, technically, there is also a 4-hour channel upper border around 125.30~60, and there will be its lower border in the coming days around 119.5~120.5. There we can re-buy.
kl fs 04:29 GMT February 1, 2013
eurjpy
haha yes Laowen, can feel a few scratching heads already
anyway, i think some prisoners around 120-122, so i guess that should be a very good support if any
Beijing Laowen 04:27 GMT February 1, 2013
eurjpy
cheers fs kl. Seems there's correction due for eurjpy, but better use it as a chance to load the longs again. lol.
kl fs 04:14 GMT February 1, 2013
eurjpy
cheers to those going long eurjpy :)
kl fs 07:10 GMT January 31, 2013
eurjpy: Reply
today's special, buy between 122.71-123.08 for 125.20-50 tomorrow
jkt abel 04:05 GMT February 1, 2013
sell usdchf
Reply
bias towards weaker usdchf as well, it does not look good at all
BLR virgoan 03:48 GMT February 1, 2013
USD/JPY
Reply
Selling this pair at cmp 91.85. Target 88. Stop-93
kl fs 03:42 GMT February 1, 2013
euro
Reply
you are right abel, no rush there
jkt abel 03:31 GMT February 1, 2013
EUR/USD Fallout
i learn from the past that it is usually better to wait for 100-200 pips more before starting going with Zeus after the call because he has many ammunition to add later if it goes higher
maybe somewhere in 1.37-1.38 first
hk ab 03:28 GMT February 1, 2013
EUR/USD Fallout
Zeus, thanks for your top call again!
May I know your target for eur short this time? is it a s/t trade or a m/t trade?
USA ZEUS 03:26 GMT February 1, 2013
EUR/USD Fallout
Reply
Short @ 1.3608 and feeling like EUR/USD was a three-legged stool that just had another leg kicked out from under it....timber!
jkt abel 02:57 GMT February 1, 2013
euro
Reply
buy 1.3570-1.3605, stop under 1.3520 for 1.3773 later
kl fs 02:49 GMT February 1, 2013
aud
problem though is that it can remain an illogical and self-sustaining move longer than most will remain solvent
Syd 02:32 GMT February 1, 2013
aud
Reply
Colo Chief1Oar 02:25 GMT good article thanks
dc CB 02:29 GMT February 1, 2013
POMO
Reply
as we said back on January 9, now that the Fed is back to full scale unsterilized market injections in the form of good old POMO, anyone who wishes to challenge the Fed directly may want to reconsider doing so via stocks (buying precious metals on FRBNY, BOE and BIS-facilitated 8:00 am crashes is always encouraged).
Recall what we said on January 9: "it may not be a good idea to be short stocks on any of the [POMO] days listed below." Below is a chart of what happened next: it shows the stock market's performance and whether or not there was POMO on that day.
Shorting The Market On These POMO Days May Be Hazardous To Your Health
ed kw 02:28 GMT February 1, 2013
AUD Idx
ed kw 20:47 GMT January 28, 2013
Monday's Market: Reply
Carry trade strategy not dead but resting//usd/jpy holds 90.00 is a small step for carry trade that can give support up to 100.
Syd 02:26 GMT February 1, 2013
China manufacturing growth slows
Reply
Updated - China’s economic recovery might have stumbled, with the first official survey of factories in 2013 showing that conditions unexpectedly worsened from the previous month.
LINK
kl fs 02:18 GMT February 1, 2013
EURO
adding to that, Abe is just another US puppet, good luck Japan
kl fs 02:17 GMT February 1, 2013
EURO
[email protected], Okinawa is currently orchestrated to be like East Timor, on the process of being independent backed by stealthy operation by US, if that happens Japan cannot kick US out of its soil anymore
HK [email protected] 02:05 GMT February 1, 2013
EURO
.
Militarization of Japan is a very costly matter, so they will not stop ignoring the world and keep the devaluation.
Just wait until they will assemble the first nuclear bombs, and kick out the american bases from Japan.
kl fs 01:43 GMT February 1, 2013
EURO
euro 1.41-1.42 should not be a surprise by April if this rampage is allowed to carry on, good luck ECB
kl fs 01:00 GMT February 1, 2013
EURO
Reply
do they need such a strong eur now? Oopps renewed US-Japan relationship with the appointment of Abe is surely screwing them up. And they still expect to pressure China into stronger yuan? Come on, tell Japan to stop manipulating their currency first.
hk ab 00:20 GMT February 1, 2013
gold
Reply
fs, I still prefer using the silly bank indicator for my final decision on direction.
It's negative at the moment fwiw.
kl fs 00:13 GMT February 1, 2013
gold
Ab, still keeping same mantra lower gold and higher jpy pairs?
Colo Chief1Oar 00:03 GMT February 1, 2013
JPY Bas
Reply
JPY pairs declined after opening yesterday then rose steadily from European open to close the day +660 pips with help from a last minute buying surge as NY closed.
GBPJPY led gains +158 pips, CADJPY +102 and EURJPY +98. Remaining pairs all closed up but lower with USDJPY showing the least gain on the day +65 pips.
The pairs have since risen 90+ pips touching the high set in October of 2009 then falling back some.
Declining volumes coupled with first of the month flows are worth watching closely. Currently holding cautious long bias ahead of tomorrow's data.
Best
Chief
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