Mtl JP 23:44 GMT March 1, 2013
Week Ahead
March 1 Speech -- Chairman Ben S. Bernanke
Low Long-Term Interest Rates
At the Past and Future Monetary Policy Research Conference, Federal Reserve Bank of San Francisco, San Francisco, California
10:00 p.m. ET (7:00 p.m. local time)
yes 10:00 p.m. NYT. not an error.
dc CB 23:17 GMT March 1, 2013
U.S. Exposure to Horse Meat: Answers to Common Questions
Reply
Is horse meat safe to eat?
That is a matter of much debate between proponents and opponents of horse meat consumption. Mr. Duquette said that horse meat, some derived from American animals processed abroad, was eaten widely around the world without health problems. “It’s high in protein, low in fat and has a whole lot of omega 3s,” he said.
The Humane Society says that because horse meat is not consumed in the United States, the animals’ flesh is likely to contain residues of many drugs that are unsafe for humans to eat. The organization’s list of drugs given to horses runs to 29 pages.
“We’ve been warning the Europeans about this for years,” Mr. Pacelle said. “You have all these food safety standards in Europe — they do not import chicken carcasses from the U.S. because they are bathed in chlorine, and won’t take pork because of the use of ractopamine in our industry — but you’ve thrown out the book when it comes to importing horse meat from North America.”
NYT
GVI Forex Free Forex Database 20:58 GMT March 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 20:52 GMT March 1, 2013
Commitment of Traders Report
Reply
COT EUR vs. USD Positions. In week ending Tuesday, EURUSD Longs down and shorts down. Market now short EUR.
COT NET EUR Positions. In week ending Tuesday,
Pz 20:03 GMT March 1, 2013
GBPUSD 15066 and 14980
Oh wafaqhourly listen.
You are not all in all. Ok
You talk about 20 pips.i give you 40 pips right now.
Never chalenge it.
Amman wfakhoury 19:56 GMT March 1, 2013
GBPUSD 15066 and 14980
Reply
Cyprus BenDover 18:56 GMT March 1, 2013
-------------------
You forgot the other part of the call which confirmed level
14980 too .
my system confirmed level 15066 when price was at 15182 , and I posted it later.
level 15210 cofirmed on daily chart.
You and others , just confirm 3 levels ,with 20 pips only , if
you can.
jerusalem kb 19:56 GMT March 1, 2013
Trading the sup & ress. levels
AUDUSD
Entry: Target: Stop:
waiting for support breakout (h4 candle close below support line) and a retest candle(price go up and fail to continue then close below this support again) to go short
Cyprus BenDover 18:56 GMT March 1, 2013
wfakhourly
Reply
Amman wfakhoury 10:22 GMT March 1, 2013
GBPUSD 15066 and 14980: Reply
GVI Forex john bland 10:11 GMT March 1, 2013 - My Profile
United Kingdom: Reply
GBPUSD has fallen out of bed since PMI data.
------------------
I confirmed taht on 25 feb 2013
__________________________________________________
---------------------------------------------------------
Yes while your target of 1.5066 was indeed hit, well done, I really do mean it, however I personally would not want to brag about this trade. When you made the call the market was at 1.5106, the market then went to 1.5220, that's over 100 pips against you, and your reward for this "winning" trade 40 pips. These are the kind of wins that will put you out of business
ed kw 18:43 GMT March 1, 2013
e/u short
e/u is trading same pattern from QE last year 1.2950 was support
Hillegom Purk 18:30 GMT March 1, 2013
e/u short
HILLEGOM Purk 15:57 GMT January 10, 2013
e/u short: Reply
1 SHORT 13210 now. i will add at 13215, 13225, 13235,13240, 13260 and 3 at 13280, than wait for pleasure.
Good luck Purk!
__________________________________
All are closed now except for 2 13280, stop to 13109 now , trading around for weeks now. I was a way off with the entries but decided to stick with the trades. Step closer to freedom...
JERUSALEM KB 18:23 GMT March 1, 2013
Trading the sup & ress. levels
Crude
Entry: Target: Stop:
jerusalem kb 15:50:17 GMT - 03/01/2013
Sell Crude
Entry: 93.20 Target: 89.10 Stop: 92
jerusalem kb 19:45:23 GMT - 02/28/2013
Sell Crude
Entry: 93.20 Target: 89.10 Stop: 92.9
JERUSALEM KB 19:50:00 GMT - 02/26/2013
Sell Crude
Entry: 93.20 Target: 91.05-89.10 Stop: 94.65
hope it go there as it already broke below daily support and retested today
========
closed half with 150pips+
====
sl 92
===
out with 280pips+
hk AB 18:16 GMT March 1, 2013
yen
Reply
Sell USDJPY
Entry: 93.66 Target: 85 Stop: 95.3
a try!
JERUSALEM KB 17:58 GMT March 1, 2013
Trading the sup & ress. levels
EURAUD
Entry: Target: Stop:
this will be a nice trade setup if we have a support breakout
Norfolk jmr 16:09 GMT March 1, 2013
Trading the sup & ress. levels
KB, nice trading....you've been very active this year and look like things are going well.
jerusalem kb 16:09 GMT March 1, 2013
Trading the sup & ress. levels
EURAUD
Entry: Target: Stop:
waiting for daily support breakout (close below 1.2690) to go short again
jerusalem kb 15:52 GMT March 1, 2013
Trading the sup & ress. levels
EURAUD
Entry: Target: Stop:
jerusalem kb 08:39:34 GMT - 02/28/2013
Sell EURAUD
Entry: 1.2790 Target: 1.2720 Stop: 1.2830
sold
=
hit target with 70 pips+
jerusalem kb 15:50 GMT March 1, 2013
Trading the sup & ress. levels
Sell Crude
Entry: 93.20 Target: 89.10 Stop: 92
jerusalem kb 19:45:23 GMT - 02/28/2013
Sell Crude
Entry: 93.20 Target: 89.10 Stop: 92.9
JERUSALEM KB 19:50:00 GMT - 02/26/2013
Sell Crude
Entry: 93.20 Target: 91.05-89.10 Stop: 94.65
hope it go there as it already broke below daily support and retested today
========
closed half with 150pips+
====
sl 92
GVI Forex Blog 15:42 GMT March 1, 2013
Reply
March 1, 2013 (global-view.com) UPCOMING DATA HIGHLIGHTS for Monday, March 4. Updated: Trading Events Calendar
HIGH IMPACT ITEMS: No Major Data.
GVI Forex Data Outlook for 4 March 2013
SaR KaL 15:41 GMT March 1, 2013
KaL's Trend and Level
cadjpy
shorts
90.0563 90.5281 90.7517 91.1095 91.5567 92.0039
tgt 87
GVI Forex john bland 15:38 GMT March 1, 2013
Calendar
Reply
March 1, 2013 (global-view.com) UPCOMING DATA HIGHLIGHTS for Monday, March 4.
Updated: Trading Events Calendar
HIGH IMPACT ITEMS: No Major Data.
- Far East: No Major Data.
- Europe: EZ- PPI.
- North America: No Major Data.
SaR KaL 15:35 GMT March 1, 2013
yen
one stock that IMO will do like aapl from 10 to 600
issssssss
DDD
I bought some tgt 100 + end of this year
now around 35
GVI Forex john bland 15:30 GMT March 1, 2013
EUR Heat Map
UPDSATE: EUR heat map complexion changing over the day. The GREEN cells are turning more green.
dc CB 15:20 GMT March 1, 2013
United States
will the Mutual Fund boys push the buy button now?
Stox away into the close? Happy Music New Highs all weekend
stop tooo much good news
#Manufacturing Sector Grows at Best Pace in 1-1/2 Yrs in Feb-ISM
#Consumer Sentiment Boosted by Jobs Optimism in Feb
#General Motors February US Sales Up 7 Percent
#Ford's US Sales Up 9 Percent in February
#U.S.D.A. May Approve Horse Slaughter Plant
SaR KaL 15:08 GMT March 1, 2013
yen
ab/
i have these
92.7074 92.8134 92.9761 93.1001 93.2551 93.5134
for tgt 91.3
gl
GVI Forex john bland 15:07 GMT March 1, 2013
United States
U.S./Eurozone PMIs. U.S. ISM PMI stronger than forecast...
hk ab 15:06 GMT March 1, 2013
yen
Reply
in short 92.90 1st position.
SaR KaL 15:05 GMT March 1, 2013
KaL's Trend and Level
gbpjpy shorts
140.1712 140.3588 140.6471 140.8667 141.1413 141.5989
tgt 134 next week
SaR KaL 15:03 GMT March 1, 2013
KaL's Trend and Level
eurchf shorts
1.2240 1.2247 1.2257 1.2265 1.2276 1.2292
tgt
1.21 next week
GVI Forex john bland 15:01 GMT March 1, 2013
United States
-- ALERT --
Construction Spending January 2013
(pre-data EURUSD= 1.2990)
-2.10% vs. +0.40% exp. vs. +1.10% prev. rev.
TTN: Live News Special Offer
GVI Forex john bland 15:00 GMT March 1, 2013
United States
-- ALERT --
U.S. ISM Manufacturing PMI February 2013
(pre-data EURUSD=1.2990)
54.2 vs. 52.5 exp. vs. 53.1 prev.
Mfg PMI Employment
52.6 vs. n/a exp. vs. 54.0 prev.
TTN: Live News Special Offer
GVI Forex john bland 14:58 GMT March 1, 2013
United States
University of Michigan Sentiment.Final reading revised up sharply.
SaR KaL 14:44 GMT March 1, 2013
KaL's Trend and Level
gbpchf shorts
1.4186 1.4198 1.4216 1.4230 1.4247 1.4276
tgt next week 1.3950
PAR 14:24 GMT March 1, 2013
United States
Dont think so . You can always spend more.
GVI Forex john bland 14:04 GMT March 1, 2013
United States
U.S. flash Markit (not ISM) Mfg PMI. preliminary data revised down from 55.2 to 54.3 .
PAR 13:59 GMT March 1, 2013
United States
New trends in USA . Earn less , spend more . Be happy , dont worry . Apres Bernanke le déluge .
GVI Forex john bland 13:58 GMT March 1, 2013
United States
-- ALERT --
U.S. Markit (not ISM) final Manufacturing PMI February 2013
(pre-data EURUSD= 1.3010)
54.3 vs. 55.2 exp. vs. 55.2 prev
TTN: Live News Special Offer
GVI Forex john bland 13:39 GMT March 1, 2013
United States
U.S. CPI and PCE. PCE deflator (Fed target) continues to fall
GVI Forex john bland 13:30 GMT March 1, 2013
United States
Reply
-- ALERT --
U.S. Personal Income/PCE Deflator January 2013
(pre-data EURUSD=1.2997)
Personal Income -3.60% vs. -2.20% exp. vs. -2.60% prev.
PCE Defl +1.20% vs. +1.30% exp. vs. +1.40% prev. rev.
TTN: Live News Special Offer
ed kw 13:24 GMT March 1, 2013
EURUSD
gbp/ca might pop u/c
Mtl JP 13:00 GMT March 1, 2013
EURUSD
Bernanke grabs a microphone at 10pm NYT
on Low Long‐Term Interest Rates
HK [email protected] 12:57 GMT March 1, 2013
NO ONE IS PERFECT:::)))
Reply
.
Someone posted this on the forum few days ago:
-------------------------------------------------------------------------
from Ashraf's tweet:
If u think $EURUSD will drop to 1.30 or 1.27, then might as well believe you're of one of Linkedin's top 1% viewed profiles
-------------------------------------------------------------------------
GVI Forex john bland 12:54 GMT March 1, 2013
EUR Heat Map
Reply
EUR Heat Map. Mostly RED except for GBP and CHF. GBP off on recent data plue PMI today.
jerusalem kb 12:31 GMT March 1, 2013
Trading the sup & ress. levels
Sell EURUSD
Entry: 1.3050 Target: 1.2885 Stop: 1.3050
Sell EURUSD
Entry: 1.3050 Target: 1.2885 Stop: 1.3100
sell stop
====
OUT OF 1/2 WITH 60PIPS+ REST FOR TARGET WITH SL AT B/E
jerusalem kb 12:28 GMT March 1, 2013
Trading the sup & ress. levels
Entry: 0.9340 Target: 0.9510 Stop: 0.9340
Buy USDCHF Entry: 0.9340 Target: 0.9510 Stop: 0.9270 bought based on daily chart
============
SL to B/E
======
out of 1/2 with 80pips + rest for target with sl at B/E (BREAKEVEN)
BLR virgoan 12:24 GMT March 1, 2013
EUR/USD update
Reply
Here it is. Profit order for 1/4th position in place at 1.2940. This pair is moving towards disaster in the months ahead. Will sell it on every rise.
BLR virgoan 06:24 GMT February 26, 2013
EUR/USD update: Reply
Closed half at 1.3050. Will hold remaining with SL now at cost.
BLR virgoan 10:50 GMT February 18, 2013
EUR/USD positional: Reply
Selling at cmp 1.3350. Looking at sub 1.30 target in the next few weeks.
Mtl JP 12:20 GMT March 1, 2013
EURUSD
normally one would expect money to flow into stocks first day of month. Hypsters got some retail suckers in - but the flows look anemic.
Bottom Line: stox being supported mainly by the Fed more than anything else
GVI Forex john bland 12:01 GMT March 1, 2013
EURUSD
Reply
EURUSD to S&P Correlation Trade WORKING
DAX -77
futures:
DJ = -37
SP = -5
Watching U.S. stox today. Weak lead in from Europe.
hk ab 11:54 GMT March 1, 2013
mkt
Reply
unbelievable dip day....
GVI Forex john bland 10:52 GMT March 1, 2013
Fixed Income
Reply
Top-tier bond prices big changes in past hour. Prices up (yields down). Peripheral yields mixed.
GVI Forex john bland 10:47 GMT March 1, 2013
Data today increases odds of more European (ECB & BOE) ease next week. U.S. sequester today? Doe
Reply
- HIGH
IMPACT
ITEMS: US- Personal Income, PCE Deflator, Markit PMI, University
of Michigan, ISM PMI
- Start of the month PMI data
have been flowing in and the reports generally have disappointed with
many readings weaker than expected, . notably in th U.K., China and
Switzerland. Australian data were much stronger than expected. U.S.
data comes later.
- Softer than expected Eurozone
flash February HICP (CPI) data increasing the odds for an ECB rate cut
on Thursday..
- U.S. budget sequester is
scheduled to come into effect later today midnight deadline), This is
more theater than
something catastrophic. Both sides are hoping to use it to their
political advantage. Most citizens will not even be aware of the shut
down, although the administration will be trying to create as much
disruption as it can to make political gains. A last minute face-saving
compromise is always possible.
- Italian political
uncertainty persists, and is unlikely to be resolved immediately as the
various parties jockey for position amid effort to form a new
government.
Related
Items:
USDJPY 20-day average is 93.09.
EURJPY 20-day
average is
124.18. 10-yr JGB:
0.66%, 0bp. Key Far East bourses: MIXED.
EURUSD 20-day
average:1.3338.10-yr
bund is 1.43%, -2bp. European bourses: DOWN
U.S. 10-yr 1.86%,
-3bp. U.S. shares: DOWN.
Amman wfakhoury 10:22 GMT March 1, 2013
GBPUSD 15066 and 14980
Reply
GVI Forex john bland 10:11 GMT March 1, 2013 - My Profile
United Kingdom: Reply
GBPUSD has fallen out of bed since PMI data.
------------------
I confirmed taht on 25 feb 2013
GVI Forex john bland 10:11 GMT March 1, 2013
United Kingdom
GBPUSD has fallen out of bed since PMI data.
GVI Forex john bland 10:09 GMT March 1, 2013
Gold Posts
Reply
Please use gold Forum for Gold posts
Many thanks
Also Many prefer the double forum format!
Gold orum
jerusalem kb 10:07 GMT March 1, 2013
Trading the sup & ress. levels
Buy USDCHF
Entry: 0.9340 Target: 0.9510 Stop: 0.9340
jerusalem kb 19:17:20 GMT - 02/28/2013
Buy USDCHF
Entry: 0.9340 Target: 0.9510 Stop: 0.9270
bought based on daily chart
====
SL TO b/e
Amsterdam Purk 10:06 GMT March 1, 2013
aud/usd LONGS
Reply
I am starting to build up a long lasting series of long aud/usd.
well why not start here at 1,0204.
Will add much more and lower. I do not care, aud/usd longs forever, or not..
GVI Forex john bland 10:04 GMT March 1, 2013
Eurozone
EZ flash HICP (CPI). well below ECB target of "just below 2.0%". Rate cut Thursday?
Central Kwun 10:03 GMT March 1, 2013
Gold
stopped
GVI Forex john bland 10:00 GMT March 1, 2013
Eurozone
-- ALERT --
EZ Unemployment February 2013
(pre-data= 1.3030)
11.90% vs. 11.80% exp. vs. +11.70% prev.
TTN: Live News Special Offer
GVI Forex john bland 10:00 GMT March 1, 2013
Eurozone
-- ALERT --
flash HICP (CPI) February 2013
(pre-data= 1.3030)
Headline
yy:+1.80% vs. +1.90% exp. vs. +2.00% prev.
TTN: Live News Special Offer
Chennai AMI 09:56 GMT March 1, 2013
Gold
final add @ 1565.5
Amman wfakhoury 09:56 GMT March 1, 2013
GBPUSD 15066
Reply
Amman wfakhoury 15:27 GMT February 25, 2013
GBPUSD 15066: Reply
CORRECTION
Amman wfakhoury 15:18 GMT February 25, 2013
GBPUSD 15066: Reply
15066 cofirmed for short term and 14980 for midterm during this week.
----------------
15066 on the screen
london red 09:46 GMT March 1, 2013
United Kingdom
cable prints fresh low for week on that number...chat about increased asset purchases from BoE next week should be on the increase even though manufacturing is more secondary in uk these days.
Chennai AMI 09:44 GMT March 1, 2013
Gold
one more at 1568
Central Kwun 09:40 GMT March 1, 2013
Gold
Buy Gold
Entry: 1571 Target: Stop: 1565
I bought too
GVI Forex john bland 09:33 GMT March 1, 2013
United Kingdom
GB Mfg PMI. Much weaker than forecast...
Chennai AMI 09:27 GMT March 1, 2013
Gold
wfakhoury : Lets see.... few has been added. will add few more if declines.
GVI Forex john bland 09:27 GMT March 1, 2013
Fixed Income
Reply
Top-tier bond prices generally up (yields down). Peripherals yields steady.
Amman wfakhoury 09:23 GMT March 1, 2013
Gold
Reply
Chennai AMI 09:18 GMT March 1, 2013
Gold: Reply
bought gold @ 1572.2 to see the target of 1588
You made wrong buy ,after reaching 1573.80 this level became consolidation or continue for more down, and the only permitted buy is below it and tp at it.
GVI Forex john bland 09:20 GMT March 1, 2013
Switzerland
Reply
EARLIER Swiss PMI Februaryuary 2013. Latest data weaker than forecast.
Amman wfakhoury 09:19 GMT March 1, 2013
gold
Reply
Central Kwun
There are too many levels confirmed after 1606 such as 1592.50 and 1585 and 1579 and now 1573.80
In case you broker allowed hedge , use it when there is confirmation .
1606 and 1623 still targets.
Chennai AMI 09:18 GMT March 1, 2013
Gold
bought gold @ 1572.2 to see the target of 1588
Central Kwun 09:13 GMT March 1, 2013
Gold
Amman wfakhoury 08:47 GMT March 1, 2013
Gold: Reply
Chennai AMI
Follow the rule : dont marry trade.
If you are in buy and market confirmed to go down, it is better to exit and take the trend direction.
wfakhoury, don't quite understand, you said confirmed 1606, but now said better to exit if market againsts you? so you mean stop loss? and immediately sell for 1573.8? a bit confuse...1606 is still valid but ask to exit...
GVI Forex john bland 09:12 GMT March 1, 2013
China
Reply
Earlier China PMIs disappoint...
jkt abel 09:11 GMT March 1, 2013
Gold
please move your gold comments to Gold forum, show some respect to site moderator John/Jay
Chennai AMI 09:09 GMT March 1, 2013
Gold
today gold may touch 1592.16
GVI Forex john bland 09:03 GMT March 1, 2013
Eurozone
EZ final Mfg PMI. unchanged from flash estimate....
Chennai AMI 08:58 GMT March 1, 2013
Gold
it is a smaller one. I can manage to hold it and add few more when it goes down.
Amman wfakhoury 08:57 GMT March 1, 2013
Gold
Reply
that depends on your equity and order , you may add when start moves up and confirm upper level.
Chennai AMI 08:53 GMT March 1, 2013
Gold
I followed your call of 1606. Since you are telling its a valid. should i hold the position or exit
GVI Forex 08:50 GMT March 1, 2013
Gold
Gold posts on the Gold Forum TIA
Amman wfakhoury 08:47 GMT March 1, 2013
Gold
Reply
Chennai AMI
Follow the rule : dont marry trade.
If you are in buy and market confirmed to go down, it is better to exit and take the trend direction.
GVI Forex 08:46 GMT March 1, 2013
Italy
Reply
ITALY FEB MFG PMI 45.8;MNI MEDIAN FCST 47.5;JAN 47.8: REUTERS
Central Kwun 08:44 GMT March 1, 2013
Gold 1573.80
follow follow
Chennai AMI 08:42 GMT March 1, 2013
Gold
wfakhoury : Yes you are correct. We have to change the targets and trend according to the current market.
jkt abel 08:40 GMT March 1, 2013
Gold
throw any number and that's valid too
Amman wfakhoury 08:37 GMT March 1, 2013
Gold
Reply
Chennai AMI
---------
all confirmed levels are valid , but we have to follow the last one , and keep that level in mind ,when trend changed to up
Amman wfakhoury 08:34 GMT March 1, 2013
Gold
Reply
GVI
sorry ..i cant use 2 forums to post in.
Chennai AMI 08:34 GMT March 1, 2013
Gold 1573.80
wfakhoury : any views on your 1606 target please. Is that still valid ?
GVI Forex 08:30 GMT March 1, 2013
Gold 1573.80
WFak post on the Gold Forum pls
southland am 08:05 GMT March 1, 2013
Friday fun
Reply
Buy AUDJPY
Entry: 94.60 Target: +95 Stop:
AUDJPY is my nemisis. I went for months loosing money chasing this horrible pair. Why anyone would ever want to follow me here, I don't know.
Karachi ACM Gold 07:37 GMT March 1, 2013
Todays Technicals
1st March 2013
GOLD
Resistance Levels:
$ 1596.1 - $ 1613.4 - $ 1624.3
SUPPORT LEVELS:
$ 1567.9 - $ 1557.0 - $ 1539.7
STRATEGY:
Sell on Strength
Sell below $1588, using a stop loss of $1600, targeting $1571, $1555.
Silver
Resistance Levels:
$ 29.00 - $ 29.49 - $ 29.79
SUPPORT LEVELS:
$ 28.21 - $ 27.91 - $ 27.42
STRATEGY:
Sell on Strength
Sell at $29.20, using a stop loss of $29.60, targeting $28.30.
Crude Oil
Resistance Levels:
$ 92.82 - $ 93.80 - $ 94.43
SUPPORT LEVELS:
$ 91.21 - $ 90.58 - $ 89.60
STRATEGY:
Sell on Strength
Sell below $92.70, using a stop loss of $93.60, targeting $91.10.
CURRENCIES
AUD / USD
Resistance Levels:
$ 1.0270 - $ 1.0327 - $ 1.0365
SUPPORT LEVELS:
$ 1.0175 - $ 1.0137 - $ 1.0080
STRATEGY:
Sell on Strength
Sell below $1.0280, using a stop loss of $1.0330, targeting $1.0200.
GBP / USD
Resistance Levels:
$ 1.5206 - $ 1.5249 - $ 1.5279
SUPPORT LEVELS:
$ 1.5133 - $ 1.5103 - $ 1.5060
STRATEGY:
Sell on Strength
Sell below $1.5220, using a stop loss of $1.5300, targeting $1.5050.
EURO / USD
Resistance Levels:
$ 1.3126 - $ 1.3197 - $ 1.3234
SUPPORT LEVELS:
$ 1.3018 - $ 1.2981 - $ 1.2910
STRATEGY:
Sell on Strength
Sell below $1.3150, using a stop loss of $1.3190, targeting $1.3030.
GVI Forex 07:28 GMT March 1, 2013
Thoughts From the Forex Trenches:
Reply
See below for our monthly newsletter
Thoughts From the Forex Trenches:
March 1, 2013
In the this issue
FX Trading Without a Crisis
Fact or Fiction: USDJPY Weakens in March?
Jay Meisler's Tip of the Month
To access the newsletter, click on the following:
Thoughts From the Forex Trenches:
Hong Kong AceTrader 02:33 GMT March 1, 2013
DAILY AUD/USD OUTLOOK : March 1, 2013
Reply
DAILY AUD/USD OUTLOOK - 1.0215
28 Feb 2013 22:00GMT
Despite y'day's intra-day rally to 1.0290, subsequent euro-led decline in NY signals correction fm Wed's 4-1/2 month low at 1.0183 has ended n the MT fall fm 1.0599 (Jan) is likely to resume twd 1.0149 after consolidation but 1.0100 shud remain intact.
Turn short on recovery for this move n only abv1.0290 risks stronger retrace. to 1.0320/30 b4 down.
STRATEGY : Sell at 1.0235
OBJECTIVE : 1.0205
STOP-LOSS : 1.0255
FORECAST : 1.0205 / 1.0235
RES : 1.0245/1.0270/1.0290
SUP : 1.0183/1.0149/1.0100
GVI Forex 01:08 GMT March 1, 2013
China
Reply
CHINA FEB CFLP PMI 50.1 VS MNI MEDIAN 50.5; JAN 50.4
CHINA CFLP SAYS PMI FELL ON CHINESE NEW YEAR HOLIDAY EFFECT
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