Malaysia

here is some goodies that may help lock u r profit and do some follow through when we were away from screen.

That Halifax News could caused the FREE FALL but it has been postponed. I wonder why??? An easy day turned up to be a tough day after all.

Now let see if CABLE can shoot up covering the GAP... or this is just a BULL TRAP. Still got the DAILY PIVOT as Resistance.

Im long since 1.9620 and my TP when the gap filled..do you think the gap will be filled and this time MOE also long

4:30pm GBP http://www.forexfactory.com/images/m...act_medium.gif Construction PMI 43.9 45.7 46.1

Not an easy ride with this RED NEWS... but it seems wanting to get there somehow The BULL still playing at the Daily Pivot. Let see if this H1 CS can close above the pivot....

With NEWS cleared out from UK... all about PRICE ACTION (PA) now. Until Uncle Ben Speech tonight.

p/s: Got LONG as well.

OMG!!! Not just Uncle Ben will talk tonight... Uncle Trichet and Uncle Shirakawa will also speak at the same moment.

Huhuhu... Hopefully I can take out Profit before they open up their mouth.


9:00pm EUR http://www.forexfactory.com/images/m...act_medium.gif ECB President Trichet Speaks

9:00pm JPY http://www.forexfactory.com/images/m...act_medium.gif BOJ Governor Shirakawa Speaks

9:00pm USD http://www.forexfactory.com/images/m...mpact_high.gif Fed Chairman Bernanke Speak

bro sham..
any analysis for EU for today?
thanks...

No idea whether Geppy heading up or just correction....

It has been such an easy ride for those LONG on FIBER earlier on.

Breached the Weekly Pivot already and heading towards 50% Median which is also at Daily R2.

At this moment... the PA bias on the BULL. SBR line to be tested if the BULL so strong.

On the other hand.... if the 50% Median remain intact as a strong RESISTANCE... a failure to go beyond it could cause a fall that leads to a lower LOW.

T.A.Y.O.R!!!

p/s: That just cost you a pack of Dunhill Huhuhu... going out now to buy the smoky sticks . Supply depleted.

im bleeding since 09 may 2008 dude...

greppy stuck on 204.XX with is very strong support...

before that crazy push up the market to 209.XX last week... that point stuck almost a week...

if cant break that point we will see back 209.XX for the 5th time.... but then if breackout success it very big fall down....

where ever u want to go mr greepy... i still on BEAR side...

...already hit my SL,nevermind..will re-enter another post..dont give up....yeah...

http://content.sweetim.com/sim/cpie/...s/000201D7.gif

Anybody still holding long on cable? I got out, being afraid that the run may not continue.

yes Bro!already out......

[quote=Malaysia;2033777]It has been such an easy ride for those LONG on FIBER earlier on.

Breached the Weekly Pivot already and heading towards 50% Median which is also at Daily R2.

At this moment... the PA bias on the BULL. SBR line to be tested if the BULL so strong.

On the other hand.... if the 50% Median remain intact as a strong RESISTANCE... a failure to go beyond it could cause a fall that leads to a lower LOW.

T.A.Y.O.R!!!



thanks bro...

Short GBPJPY at 205.10
Stop Loss 100 pips away at 206.10

MM = 2% of equity

Attached are EuroBund chart. GBPJPY have inverse relationship with bond market

P/S : It is 204.94 now

Action Insight Daily Report

More Technical Analysis Reports Here
RBA on Hold, Bernanke Watched

The Japanese yen and Swiss Franc edges further higher today as risk aversion is back to be the theme of the markets. Markets are concerned that risks of a credit crunch are rekindling after news that S&P lowered its debt rating on three of the biggest securities firms in US and that Lehman Brothers may need to raise $4b of extra capital. Weakness of the US stock markets carried on to the Asian markets today and continues to support the yen and swissy.
Dollar, on the other hand, is a touch softer against Euro and steady against Sterling and Aussie so far. Focus turns to today's speech from Bernanke on hints of Fed's next move. Futures are pricing 98% probability that Fed will be unchanged in June. However, recent hawkish turns in Fedspeaks prompted speculation that that next move will more likely be a hike. Dec fed funds futures are pricing in around 60% odds that Fed will hike by 25bps. Though, markets will still look into today's speech, ISM services and more importantly Non-farm payroll report later this week. This expectation will remain an important factor in dollar's moves.
RBA left rates unchanged at 7.25% as widely expected. The accompanying statement provided little new to the markets. Though, Aussie was weight down mildly by the downbeat assessment for the economy in near term.
Released in early US session, Swiss CPI accelerated sharply higher from 2.3% yoy to 2.9% yoy in May, fastest pace in 15 years. Eurozone Q1 GDP and PPI will be released later in the European session, so is UK PMI construction. In the US session, focus is mainly on Bernanke's speech and Apr factory orders.

http://www.actionforex.com/action-in...2008060348064/


Bruce

http://www.saxobank.com/?id=582&Lan=...=5&PubTypeID=1

Snippet:

Market Comments
Risk aversion bit deeper yesterday with a very strong recovery in world bond markets and a sharp sell-off in equities to start the week, the higher than expected ISM and ISM prices paid notwithstanding. The FX market responded with an impressive performance from the JPY and CHF, with the former finally strengthening sharply across the board after weakening against most currencies for the last 3 weeks or so. It appears we may finally have our pivot point on the risk appetite front - stay tuned. The trigger for this move to risk aversion was the UK's Bradford and Bingley's woes that surfaced yesterday, and this news was followed with news that S&P was slashing its ratings for three of the major US investment banks on fears of further write-offs. Still, it seems the market was ripe for a catalyst anyway, as news of this nature has failed previously to trigger the kinds of moves we saw yesterday.
The USD managed to survive the shift to a risk averse market quite well so far and that remains the key: as worries about global growth become manifest, we would prefer to see USD and especially JPY strength and for the growth/commodity currencies and the EUR to suffer the most. That scenario fits best with the overall view that we will see a continued unwinding in risk appetite and a recoupling of the major economies. To support this view in the short term, we'd like to see EURUSD remain below its 21-day and 55-day moving averages, and to see a follow up move lower through 1.5460.
USDCAD managed to pull all the way back above parity yesterday and the 200-day moving average. A follow up move higher will put it firmly back in the old range. If we see this development, we may soon finally be able to talk up the prospects of a real uptrend starting if the pair is able to keep the momentum up and work its way through the next layers of resistance (see chart below). Also, have a look at CADJPY as a potential downside play if risk aversion deepens.
Australia's RBA left rates unchanged at 7.25% as expected, and gave little reason to increase the belief that they may raise rates later this year, as has recently been priced into the forward expectations, though 2-year rates have fallen rather sharply over the last 3 days in Australia. The RBA said that it thought growth would moderate, that household credit is weakening significantly, and that inflation will decline over time if demand slows even if inflation is "relatively high" in the short term. It's more than a bit surprising to see AUD remaining as strong as it has been with increasing signs of risk aversion in the market. The better than expected current account balance and building approvals data overnight offered some support.


Bruce

I am back...


http://content.sweetim.com/sim/cpie/...s/000202BF.gif http://content.sweetim.com/sim/cpie/...s/00020294.gif http://content.sweetim.com/sim/cpie/...s/000202B6.gif http://content.sweetim.com/sim/cpie/...s/000201ED.gif http://content.sweetim.com/sim/cpie/...s/000201FC.gif

GJ retraced 100%.... WHIPSAW!!!

Cable Long still surviving. Still playing around the Daily Pivot.

Anyone here trading Aussie? ive been shorting aussie (0.9625) since last week and the price keep on consolidating.........im getting fed up already!!! the swaps i have to pay are getting bigger by the day!!