Melbourne Qindex 23:00 GMT May 12, 2013
EUR/USD : Current Comments
EURUSD
Entry: Target: Stop:
EUR/USD : Critical Point 1.2987
In the Asian session the market is going to consolidate within 1.2950 - 1.2999. The market is stable when it is able to trade aove the critical point at 1.2987.
Qindex.com
EUR/USD : Monthly Cycle Charts
JERUSALEM kb 21:21 GMT May 12, 2013
Trading the sup & ress. levels
Sell EURUSD
Entry: 1.3020 Target: 1.2770-1.2250 Stop: 1.3060
sell limit
targets are not over valued
JERUSALEM kb 21:17 GMT May 12, 2013
Trading the sup & ress. levels
Buy USDJPY
Entry: 102 Target: 102.30 Stop: 101.85
buy stop half position (2.5%) risk for 5% target
GVI Forex Inner Circle 20:35 GMT May 12, 2013
eurusd
USDJPY= 101.82-85
GVI Forex Inner Circle 20:32 GMT May 12, 2013
eurusd
1.2961-63
Mtl JP 20:25 GMT May 12, 2013
eurusd
what is current quote plz
Kaunas DP 20:00 GMT May 12, 2013
eurusd
Viies, lets try to long for scalp ... Imho
Tallinn viies 19:47 GMT May 12, 2013
eurusd
Reply
seems euro opened with a cap down
GVI Forex Inner Circle 17:31 GMT May 12, 2013
Calendar
Reply
May 12, 2013 (global-view.com) UPCOMING DATA HIGHLIGHTS for Monday, May 13.
Updated: Trading Events Calendar
HIGH IMPACT RELEASES: CH- Retail Sales, US- Retail Sales.
Dillon AL 13:26 GMT May 12, 2013
Forex Trading Theme for the Week
Kaprikorn thankyou for your very kind words.
As far as historic price action is concerned that is not as important as the forthcoming for I cannot undo what's gone before but I can adjust for the anticipation of what's about to come.
Trading is not so much fleet of foot although perhaps more so especially these days with the machine market but flexibility. Flexibility and adaptation to timeframe and knowing when to press the pedal to the metal and when to be light in risk exposure. When to use lower timeframes and when to hang onto the higher ones. When to know that one is overexposed and knowledge as to how to adapt to being under exposed
If you make a bad trade and you have money management you are really not in much trouble. However, if you miss a good trade there is nowhere to turn. If you miss good trades with any regularity you�re finished. -- William Eckhardt
To access the videos Click here
NB the GBP video also this week looks at Gbp/Jpy and UsdJpy
Want More then Click here
Mtl JP 13:13 GMT May 12, 2013
corzined cyprused
G7 to press on with bank reforms, Japan escapes censure - rtrs
Sat May 11, 2013 (Reuters) - Group of Seven finance officials agreed on Saturday to redouble efforts to deal with failing banks and gave a green light to Japan's drive to galvanize its economy.
British finance minister George Osborne said the finance ministers and central bankers meeting 40 miles outside London focused on unfinished bank reforms, with signs that plans for a euro zone banking union are fraying.
"It is important to complete swiftly our work to ensure that no banks are too big to fail," Osborne told reporters after hosting a two-day meeting in a stately home set in rolling countryside.
"We must put regimes in place ... to deal with failing banks and to protect taxpayers and to do so in a globally consistent manner," he said.
--
see, "we" - i.e. they, the past monarchs of failure - want to protect you, the taxpayer. But remember: protection always has costs; it is never free of cost.
There is only one relatively safe(r) way to reduce one's risk to being Cyprused by the Bankrupt Banks (BBs): become either under or de-banked.
Mtl JP 12:45 GMT May 12, 2013
corzined cyprused
Fed's Bernanke warns shadow banking risks persist - rtrs
Bernanke: More bank capital could help address 'too-big-to-fail'
Fri May 10, 2013 (Reuters) - Federal Reserve Chairman Ben Bernanke said on Friday that the shadow banking system still posed a threat to financial stability, and funding markets might still not be able to cope with a major default.(own emphasis) ... The Fed chairman said more work was needed to ensure the repo market - the wholesale market banks use for their everyday funding needs - could deal with the potential consequences of a default by a large borrower or a broker-dealer.
A run on money market funds also remained a possibility, Bernanke said. ..../..
-
Bottom line : you may trade , you may make profits trading. But there is no guarantee you will be able to collect and keep your trading gains.
GVI Forex Inner Circle 11:52 GMT May 12, 2013
Fed lays groundwork for a QE exit. Busy calendar week
Reply
- HIGH
IMPACT ITEMS: CH- Retail Sales, US- Retail Sales
- The Thursday afternoon rumor
that an article by Jon Hilsenrath of the WSJ concerning a start to a
Fed exit from QE was going to be released proved to have been an
accurate leak. When the Fed is going to act has been left vague. The
purpose of the story appears to have been to start well in advance to
prepare the markets for an exit, so that they are desensitized to the
actual announcement whenever it comes.
- You can expect an end to QE to
first adversely impact bond prices, and then weigh on equities, and
give the USD a boost. Price moves in all these markets will appear
virtually instantaneously when they hit, but the logic at least will be
sequential.
- We were warned about the story
on Thursday but the markets will get their first full opportunity to
react early Monday in Asia.
- One key development recently
has been the persistent improvement in U.S. data, although monthly
employment figures have tended to lag. On Monday of this week, key
retail sales data will be released. Tuesday sees the closely followed
German ZEW Survey, which often provides an inkling on how the IFO
Survey will show in about a week's time. Key data on Wednesday will be
U.K. employment data and EZ GDP readings. The U.S. will see several
releases with Industrial Production data likely the most significant.
Thursday sees EZ and U.S. CPI data and U.S. Housing Starts. Weekly
Jobless Claims are always closely followed. Friday caps off a busy week
with Canadian CPI data and the University of Michigan
Survey.
20d
avg
|
10-yr
|
Equities
|
EURUSD
1.3070
|
JGB
0.66% +7bp
|
Asia:Higher
|
USDJPY
98.75
|
Bund
1.30% +4bp
|
Europe
Higher
|
EURJPY
129.08
|
U.S.1.91%
+10bp
|
U.S.:Higher
|
GVI Forex Blog 11:50 GMT May 12, 2013
Reply
HIGH IMPACT ITEMS: CH- Retail Sales, US- Retail Sales
The Thursday afternoon rumor that an article by Jon Hilsenrath of the WSJ concerning a start to a Fed exit from QE was going to be released proved to have been an accurate leak. When the Fed is going to act has been left vague. The purpose of the story appears to have been to start well in advance to prepare the markets for an exit, so that they are desensitized to the actual announcement whenever it comes.
Fed lays groundwork for a QE exit. Busy calendar week
manila tom 11:28 GMT May 12, 2013
corzined cyprused
Reply
Mtl JP, any news this weekend on who is next? Heard something about Mexico and Venezuela but not sure how serious.
beijing kaprikorn 10:57 GMT May 12, 2013
Forex Trading Theme for the Week
AL
---
Last week your view was right on point. Both pairs dropped just as you suggested.
It is always necessary to pay where it's due.
singapore td 10:06 GMT May 12, 2013
g7
Reply
G7 meetings are useless, all meaningless rethorics
so G7 approved weaker jpy because all G7 members will also do stealthy operation to weaken their own currencies, they want to avoid the term currency war, but the reality is very different
many more chart points
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