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Sunday, December 22, 2002

van Gecko 21:19 GMT December 18, 2002
George W. is one smart cookie prez.. unlike others, he is not pretentious & practices K.I.S.S politics (Keep It Simple Saddam).. i think he would make a great horse trader in FX..

van Gecko 20:17 GMT December 18, 2002
JOM San:
don't worry about that exotic twin pair creating temporary discomfort for your long USD/CHF.. EUR/CHF had been consolidating in an extended 1.4780/1.4580 (inneer)/1.4480 range for the last 6 months..
a fast 2 day spike reversal from a range top usually get contained &/or reversed in quick order..
the dollar is now setting-up an 'Inside Reversal Day' from a multi-month range top/major resist band here ..
while 'Inside Reversal Day' within a range may or may not be significant.. but 'Inside Reversal Day' done from a multi-month range top/major resist band are a classic & fairly reliable indication of buy/sell exhaustion/sentiment changes.. gl


van Gecko 17:17 GMT December 18, 2002
morning helsinki iw.. the sleeper to your bull equation may be with those Ninja $bear operators.. seems like they are in zzz today after feasting yesterday on the dollar.. however, most of them are vely smart & routhless 'Fx Mustang riders'.. they don't care if Sally ride the dollar high or low, they only care for Sally to ride & return dollars in their pocket..
so, once they woke up from zzz & find there's slim to none picking for the $bears after the recent exhaustive feast, they may just turn short term $bulls & ride the dollar up to fill their pockets in reverse..
in the meantime, most little fx'ing bull riders may be left behind in the dark, eating Sally's dust & wondering why all of a sudden the horses start running in the other direction..;))


van Gecko 16:47 GMT December 18, 2002
morning joe/ab/& friends, Pecs Andras.. GBP/YEN usually move ahead of USD/YEN, with the near term GBP/YEN bullish bias & Equities consolidating here for a potential mini term double bottom, a break of GBP/YEN 194.20/50 could pop the USD/YEN up to the 123/124's.. same bearish scenario applies to EUR/USD for the eventual break of the EUR/GBP .6400 line..


van Gecko 16:02 GMT December 18, 2002
those Ninja operators must be in zzz after yesterday's feat on the dollar..
the snoozy euro bull still looking vely bleak for a micro double top up at the 1.0300's.. good gravitational pulls are still being exerted on the minor 1.0250 'line of no return'.. now more stops are accumulating below 1.0250, there's still no significant support till 1.0150..
market still snoozing piplessly near the apex breaking point of a downward wedge spanning all of the lower micro time-frames..
with the usd also in zzz after closing yesterday's GMC Silverado size gap, Euro/Usd bulls & Jpy/Usd bears may get double crossed by their guide-dogs Eur/Gbp & Gbp/Jap..
Cheerios..


van Gecko 19:08 GMT December 17, 2002
mpo & mitch.. just did a goggle on 'Gordon Gecko' & it return ".. won an Oscar for perfectly embodying the Reagan-era credo that "greed is good." As a Donald Trump-like Wall Street raider aptly named ..".. cool, never knew the association with Michael Douglas.. but I did find out later that a Gecko was a lizard that would cut off their own tail if necessary for survival when faced with greater adversaries..;)


van Gecko 16:51 GMT December 17, 2002
i doubt if this short term blow-out move under thin holiday environment is a 'market decision' on the 'immenient?' demise of the Greenback.. rather, its more like a co-ordinated efforts by 'the market operators' as pointed out by Chennai DRSivaraman.. remember, there is no democary in FX, the 'mass' with their sub dollar deals don't count in fx..

van Gecko 15:14 GMT December 17, 2002
morning NC JJM.. great trade with euro..;) may be you'll like to take a duck hunting holiday up here in Gooseland with some of those year end profits ?
$/Cad seems to had done a delay 'catch down' move in sympathy with the sorry Greenbuck today.. however, 1.55 had been a multi-month support so far, may be a good r/r long here with a tight stop below 1.55..
gl
a note on the sorry Greenbuck, the dollar index open last night gapped down with a gap the size of a GMC Silverado.. 103 had held up so far despite those spiking assults by the raging Europeans..
with the equities staying firm from yesterday's reversal, either this gap stays open for a long time as a potential 'break away gap' or it will be filled in quick order..
lets see how the future unfolds for the sorry Greenbuck here..

van Gecko 14:31 GMT December 17, 2002
lyon bernard.. trading is 'counter human'.. emotions are counter to our life long instincts & are usually magified at tops & bottoms, thats why most fail in fx.. and thats why we must have a plan, pre-define & trade within our risk profile during time of stress..

van Gecko 13:59 GMT December 17, 2002
PA dessi.. nice to see you again, hope you are well..
you are right, the current eur/gbp divergence are classic s/m/t topping formations positional player use to scale in positions.. euro can't not go far without the support of eur/gbp.. once this current Ninja euphoria subsides, we might not see these levels for a long while..


van Gecko 12:20 GMT December 17, 2002
lyon bernard sorry for the late reply, $/Cad support ahead of 1.5550/80 holding up well despite this overnight Ninja mounted assult on the dollar by the Europeans..
with the Europeans having spiked up to their max daily ATR's here & having meet those 'all world's bull targets', its now reasonable to expect some retracements from here.. a firm eur/cad cross and retracements by the raging euro from here should be $/Cad supportive..
for your long marching position, the risk should be a daily close below 1.55..
gl..


van Gecko 13:07 GMT December 16, 2002
for the 1st 7 month of 2002, USD shedded 1700+ points vs Euro & 2800+ points vs Swissy.. the market then spent the next 5 month trying to extend this lose.. 5 month later, as 2002 draws to a close, the dollar is still at the same July levels vs the euro/swissy twin.. so, what are the odds for the poor Greenbuck to fold & tank into the abyss over the next little while ?


van Gecko 15:30 GMT December 13, 2002
Big euro bulls are obviously trying hype the market into a bully fenzy by pushing for a 'Outside Reversal Month'.. as they are great momentum/sentiment indicators..
the only problem is, they might had mistakenly aligned their Monthly charts upside down.. as 'Outside Reversal Month' at multi-month range top & major multi-year support/resist bands never seems to work.. the odds are greatly stacked against further USD weakness from here..
I had abandoned my lofty euro 1.03/1.04 targets..
have a nice weekend..


van Gecko 20:09 GMT December 12, 2002
SA.. survival & 'sure bet trading' is difficult, if not impossible to acheive for over 95% of us wannabie traders.. any unsolicited freebie views (or subscribed) should be taken as fwiw.. & if used, only to contra or supplement our own view & trading profile..
may be the order for those levels was pre-mature & should be 1.45 -> 1.44 -> '1.43'** then -> 1.4660-> 1.4780-> '1.4808' ** ?
our Chicago & New York bull friends was a 'no show' today, but life in Fx is not a one way street..
Confuse_cious might had said "when fx'ing Piglets start to scream & fry.. watch for falling dungs from the dark sky.."


van Gecko 01:24 GMT December 11, 2002
sydney gvm 23:01 .. Euro/Swissy twin's weekly Tadpole Reversal from 9860/1.4980 is now a confirmed s/m/term 'Double Reverse $ Sell Fractal' trageting the 1.04' euro$ & 1.39' $Swiss zones ..
however, looks like the euro is on the way to pick up some more m/t $bear passengers with a near term retracement down to the 1.0000/.9950's before resuming it's long trek up to the North poles..
gl..


van Gecko 19:43 GMT December 9, 2002
Usd/Chf 4hr Butterfly Retracement Reversal in progress..
support infront of 1.4550 targeting 1.4680.. then 1.4780.. may be even 1.4808 where 2 types of SOB'ers are waiting to sell;
1st, those $bull longs who had missed taking profit up at the 1.49's who may be anxiously waiting to have a second chance before those long pips are gone with the wind..
& those new, old & born again $bear who are waiting to sell for the sub 1.45's.. then 1.44's
Cheerios..


van Gecko 14:56 GMT December 5, 2002
hk ab 10:42 m/term Usd/Jpy bears are stacking the critical 126 battle line here against the recent assults by some s/term/born again/seasonal/momentum/ bulls..
recent market dynamics are advantage bulls.. however, quarter session "GTO Tadpole Retracement Reversals" seems to be underway here for the Japanese bull trio..
a break of $/Jpy & euo/Jpy 125 could propagate the Tadpoles up to the half & daily retracement trading time frames..
Cheerios..


van Gecko 17:13 GMT December 3, 2002
morning Tierra del Fuego Magellan.. eur/jpy may be the leader of the pack to push both eur/usd & usd/jpy higher into the year end/new year..
now above 123 & at a new multi-year high.. a weekly close above 123.50 could bring out all sort of Turtle guns to shot for the 128/130's..
gl


van Gecko 15:42 GMT December 2, 2002
x.. nihao, nice call for dow & dollar.. trusted you'll get more of your brave buddies in Shanghai to dump more dollars ?
potential targets for positional players short-marching the little dollar Usd/Chf;
1.4848-1.4808- Bye Bye $ .. ?


Tierra del Fuego Magellan 13:19 GMT December 2, 2002
Bali Huym // I don´t like giving advices but let me recommend you not to trade while you have this childish psicology of thinking someone has the fault or is responsable for your trading.You will keep loosing money.

On the other hand, I must tell you,that I keep a record of the contributors´ trading recomendations. Van Gecko has a very good one. If you want details ask Jay for my mail and I´ll be happy to offer you details.

I hope you don´t take this as an offense,I just want to help.Good Luck.


van Gecko 01:02 GMT November 28, 2002
Usd/Chf & Eur/Usd 'Tadpole Reversal'..
the Euro/Swissy twins at .9898/1.4888 are now running up against 'Fail Safe' price time dynamics.. the longer the dollar stay up here above the Tadpole triggers, the greater the preceived market expectation for the dollar to extend the present weekly gain..
a Usd/Chf quarter session close below 1.4850 could induce doubts for the present dollar euphoria & trigger the initial Tadpole Reversal kinetics into next week..
"is this 2 week dollar rally for real? or is it just another Thanksgiving turkey..?" a pre-turkey dinner digestive cookie for some market moving $bulls..
have a nice Thanksgiving day..


van Gecko 19:38 GMT November 27, 2002
TOR bm.. thank you, but it's mostly luck & sometimes fluke..
anyways, if you have access to the weekly Usd/Chf bar charts, please study this week's bar & last week's bar & try to relate my 16:01 'Tadpole Reversal' explanations to the 2 weekly bar patterns..
also, if and when the market retraces past the 1.4788 tadpole bottom combined with a daily/weekly close below.. there's a good chance for the market to follow through down to the 1.4500's & new attempts to take out the July lows..
if you have further questions, i'll try to explain in the Help Forum..

TOR bm 19:09 GMT November 27, 2002
Van Gecko 16:01 comments; what is a tadpole reversal . Is it a pattern for a reversal of trend. Is there a place on the web that it is possible to see an example.

I would like to thank you for the great call of the past few weeks. You got the top on the EUR. What do you expect now for the next major move.

van Gecko 16:01 GMT November 27, 2002
Din.. usd/chf painting a weekly 'Tadpole reversal'.. potential pole top up at today's high.. pole bottom down at last week's high & close, 1.4788..
'Tadpole Reversals' are usaually fast & vicious once the tadpole bottom is viloated..
the same weekly Tadpole Reversal are being painted for twin brother Euro..


van Gecko 15:28 GMT November 27, 2002
Tierra del Fuego Magellan.. EUR/JPY now at the 2 month range low support, downside may be limited.. next major line is another 100 pips away, down at 119.50..
anyways, fast spike reversals from one monthly extremes to another as we had seen over the last 2 days are not sustainable..
gl..


van Gecko 15:13 GMT November 27, 2002
the difference between .9895 & .9865 is 30 pips, .9865 is a nothing level.. those gunning for .9865 may be had h'i$$ed their hard earn bear pips into the fx'ing wind here..


van Gecko 14:19 GMT November 27, 2002
morning Qindex 13:55.. l/t & born again e_utopians long & pip-marching for 1.0000+ & the moons above may have some good voodoo/quantum supporting inspirations to re-joice over for this euro up leg..
great forecasts..


van Gecko 13:12 GMT November 27, 2002
near term, there are plenty of techno voodoos for Euro return to 1.0000++ under the current market dynamics ..
2nd hand dis-informations & funnymentals & are for funnies, the typical small spec funnymental trader could be long gone & burried under water before any long or short term funnymental predictions have any effect in the market..
;
ab.. try your Goosy luck from here down to the low 1.57's..
Cheerios..

Tierra del Fuego Magellan 22:42 GMT November 26, 2002
Gecko,no need to thank,mate.Keep on with those vodoo-guru-bluffs on euro, I appreciatte them very much...

van Gecko 22:37 GMT November 26, 2002
Tierra del Fuego Magellan..;) thanks for the clearification.. sorry to lump you together with our micro bear friend viies.. *_^

van Gecko 20:34 GMT November 26, 2002
this is an all out pre-Thanksgiving battle Royal between Eur/Gbp bulls & Gbp/Jpy bears benifiting Her Highness's faitful Royal Bear soldiers while the poor Euro/Swissy twins & the dollar were regulated to a tiny backseat role..
however, with the dollar up against some stiff weekly resistance at 106.70's & the crosses stablizing, patient s/t & born again $bears should see some nice movement for their beloved pairs once the dollar retrace down a minimium of 100bps to the 105.50's from here..
have a nice day..


van Gecko 16:15 GMT November 25, 2002
morning Kevin.. welcome back.. in hindsight, some long marching dollar bulls have reasons to ^_^ if one was brave & lucky enough to brought USD (BS trade) prior to you leaving for Beijing.. its certainly much better then being 'Shanghai'ed' in Canton by holding USD shorts from 3 weeks ago..:)


van Gecko 21:30 GMT November 21, 2002
singapore jt.. Usd/Yen major/swing bottom in place..
over the near/short/term, the dollar is biased for a return up to the October monthly range of 125/122.. notice how the twin leading/supporting crosses (Gbp/Jpy & Eur/Jpy) are basically confined to their respective October ranges for most of Novemeber while Usd/Jpy was being sold off..
the same s/t analytics secenarios are applicable to Euro & Eur/Gbp pairs..
;
Sparker//ab//& $/Cad flying friends..
Usd/Cad in a controlled t/p/inconspicious accummulation process after the recent 400+ pip rise.. now approching the 1.5700/50 major support band..
weeklies flight dynamics seems to be on the threshold of another June/July 1000+ pip blast with the base level shifted 500 pip up..
with the dollar's tendency to rally into the year-end/1st quarter, perhaps Santa Goose will try to lay a 1.65 egg over the near term ?



NY rm 17:59 GMT November 19, 2002
van Gecko, Great call!

van Gecko 15:05 GMT November 19, 2002
Yo Sparky!.. glad to see you LOL'ing again..;)
Usd/Chf painting a vely nice hourly Pearl.. may see the hidden Pearls up at the 1.4650's from here..

van Gecko 14:54 GMT November 19, 2002
the Great Canadian Geese flight to 1.65..
for those lucky long distance flyers who rode the Goose's ‘3-steps to 7th Heaven’ pattern & brought Usd/Cad down at 1.55's, the Goose had laid 350+ eggs so far & with good odds for more to come..
from the July low of 1.50, recent flight dynamics are now biased for a rare weekly 5 wave & fibo XOP bull combo..
a potential Xopedo.. all the way up to the 1.65's.. another 700+ golden Goose eggs from here..
;
the dollar is still a s/t 'BS trade' (Buy & Snooze) for positional pip-marchers..
cheerios..



van Gecko 17:56 GMT November 13, 2002
FW CS.. my daily & 8hr VTO (Voodoo Turning Point) indicators had been flashing SOB/SOSB signals since the hourly 1.015/16 micro double tops.. combined with Eur/Gbp & Eur/Jpy weekly Sell Fractals.. the price/time/cross dynamics are almost an exact duplication of the 7/18-7/23 failure & sell-off from 1.02..

van Gecko 14:38 GMT November 13, 2002
morning JJM.. yes, after a 300 pip rise over the last 3 days, it's vely reasonable to expect a dip down to the 1.5720/1.5690 support band to re-energize the Goose for the flight up to your 1.6 tragets..
have a nice flight..
roma mimmuz.. vely GT to you too..;)

van Gecko 00:46 GMT November 13, 2002
yo! Sparky..:) the great Canadian Geese is still completing it's "3 Steps up to 7th Heaven" pattern here.. seems like there's still lots of Goosed up energies in store.. the risk is for more vertical explosions with shallow corrections..


van Gecko 00:32 GMT November 13, 2002
revdax.. Euro$ had been getting mighty high doing a "Double Par 5" celebration (spent the last 5 days over Parity after the 5th month of acheiving Parity).. perhaps the time is now up for a quick sub-par visit..
a probe below 1.0100/90 combined with an hourly close below 1.0050 could open up Eurodora's box..

van Gecko 14:30 GMT November 12, 2002
for 'brave' s/t positional pip-marchers, the dollar is a BS trade (Buy & Snooze) at these 'depressed' levels..
for intra-day quick draw 20 pip-types beware of the "in Saddam we trust?" induced dollar pork_chop_titist syndrome..
Cheerios..

van Gecko 15:32 GMT November 11, 2002
Beijing hoho.. Usd/Jpy is working on a 'delayed' catch-up retracement to the Euro/Swissy Twins..
with 119/118.80 holding, any expected profit taking & retracements in Eur/Jpy & Gbp/jpy crosses could see an incremental rise back up to the 122.80/123 levels..
good luck in Fx..

van Gecko 15:10 GMT November 11, 2002
Revdax, hold on to your Euro shorts.. hourly micro 2x top & potential 4hr inverese Reversal patterns plus the Crosses are not looking euro supportive..
;
from the low of 1.550 last week, Usd/Cad is working on a '3-steps up to 7th-Heaven' pattern.. 2 steps done so far, the next step could see the newly energized Goose up at the 1.5750/1.5825 band..
Cheerios..

van Gecko 10:30 GMT November 8, 2002
"OGB" (Over crowded Guru Bandwagon).. another classic time proven contra indicator..
the market has the affinity to make tops & bottoms when all those hindsight guru/analyst start writing hindsight 'me too' analysis to justify their job existences..

van Gecko 19:12 GMT November 7, 2002
JOM San.. life up here in snoozy Lotusland is vely cool lately.. (those hot skirts seems to had fizzled away with the Summer wind..:)
imo your 18:52 'trend/break-out' definitions may be subjective & time-frame dependent..
there are basically three type of players within the market;
"the ones who start the trend..
the ones who follow the trend..
and the ones who are blinded to the trend.."
i would imagine that the trading views & tactics within each of the above group are quite diversed & opposing or there would not be a market for us to play..




van Gecko 15:52 GMT November 5, 2002
ab// the Goose is a 'BS' trade (Buy & Snooze) from these levels.. you might see 1.5500 or 1.5495.. but the risk is for the Goose to break loose while we are in snooze..
have a nice flight..
;
Euro may had seen another major 'that Cat Bounce' as in 9/5th..
a close below 1.000 could confirm this past week as a 1 week reprive from the recent 'pip_less_titist' syndrome & we could be heading back down to snoozy ranges again..

van Gecko 20:10 GMT November 3, 2002
pivotal week for the USD.. my higher time frame analytics still support further USD corrective strength before getting all excited for any return to the July lows..
perhaps Usd/Chf 1.46 could provide more directional clue to the near term 'new found weakness' of the dollar..
imo anything BELOW Usd/Chf 1.46.. Usd/Jpy 122.. Gbp/Jpy 191.. & Eur/Usd above 1.0030 will not be substained & are great r/r levels to buy USD for a return to Usd/Chf 1.48.. Usd/Jpy 1.23.. Gbp/Jpy 192.. & Eur/Usd .9880's levels before any further USD weakness across the board..




van Gecko 17:59 GMT October 28, 2002
Euro's near term upside target from last week's '3-bar Daily Inverse Outside Bull Flag Reversal' is up at the .9888/9918's.. above, it's back up to 1.008 again..

van Gecko 17:45 GMT October 28, 2002
FW CS & AB.. thank you, but it's was all a lucky fluke here..
anyways, with Euro doing a delayed '3-bar Daily Inverse Outside Bull Flag Reversal' from last week's, USD is now undergoing month end sell off pressure..
Usd/Jpy's inability to go above 124/123.80 now confirming a failed buy fractal & is now painting a a very bearish '3-bar Daily Inverse Outside Bear Flag Reversal' to target the 122.50 & 121.50's..
Eur/Jpy & Gbp/Jpy is temporary being held up here at a great SOB levels.. targets for positional players are down at the mid 119 for Eur/Jpy & the low 190's for Gbp/jpy near term..


van Gecko 15:13 GMT October 28, 2002
morning AB, FBF & friends.. may be we are finally getting some voliatities for the snoozy North American fx markets with the arrival of winter hibernation times..
nice move in $/Cad, seems like some bulls got squeezed here.. daily ATR for the snoozy a bit stretched, so 1.5550's if seen may be good for some contra pips..
$/Jpy may be doing a month end 'that cat bounce' here with this pending daily buy fractal failure from 125..
below 124/123.80 could see an October close down at the 122.80/50's..
Cheerios..



Dubai Kan 15:02 GMT October 24, 2002
HI Bangkok FBF 14:51 GMT October 24, 2002
Sorry to intervene in your debate.
There was an excellent gem of a writing about how trader impatience
prevents the trader from an impending big profit ,a few weeks back from Gecko San.
You can find it if you dig the history of Geckese golden words in this FF.


van Gecko 12:03 GMT October 22, 2002
Euro following through on yesterday's '3-bar Daily Inverse Outside Bull Flag Reversal'..
with some help from its re-energized guide dog Eur/Gbp, it has the potential to do a flag pole equality range extension back up to the .9888/9918's this week..
Cheerios..


van Gecko 13:40 GMT October 18, 2002
her Highness GBP thrusting below the critical 1.55 & 4 month trendline..
& on verge of painting another '4-bar double weekly Sell Fractal' from the recent 1.57 double swing top..
the last time this Sell Fractal occurred in August took her majesty on a 300 pip dive down to the sub 1.52's & dragging her royal guide dog Gbp/Jpy down to the 180's..
Cheerios & some complimentry w/e food for thought for m/t bull riders..


van Gecko 17:19 GMT October 17, 2002
Eur/Jpy had been the driving force in this recent bull run for the Japanese trio ..
based on the recent micro market dynamics, there's good odds for Eur/Jap to had peaked out near term with a potential correction down to the 120/119's from here.. this could again be the catalyst & trigger lower levels for $/Jpy & Gbp/Jpy..



van Gecko 15:57 GMT October 17, 2002
Mex Osk.. not vely good r/r to long the 3 Japanese bull up here..
$/Jpy had been getting pounded everytime it approach the 125 line..
ditto for $/Gbp on each rise to the 194.5 to 195 'no touch zone'
and after pushing the Eur/Jpy to successive multi-month highs recently, those momentum bull/syndicates may had acheived their s/t objectives by letting the raging Eur/Jap to slide here..
near term, the prevailing trade mode for positional players is SOB/SOSB.. and then BOD/BOSD after a corrective consolidation period to target potential multi-month new highs m/t for all 3 pairs..
the natural instincts for most losing traders (95%?) is to get all excited at Tops & Bottoms & lose their objectivity.. & consistently being lured into 'buying high & selling low' & risk eventual wipe-out over a relatively short Fx trading career..

Genoa nic 13:46 GMT October 17, 2002
Good afternoon everyone.
Euro/GBP .6240/50 should be watched by brave Euro BODers, no? . Sorry for taking possesion of beautiful Van Geckese language -always great views and calls, cheers!

ny ts 13:58 GMT October 16, 2002
Van Gecko/FW CS nice call in $JPY o/n but market hs run into strong support at 123.80/90

FW CS 16:28 GMT October 15, 2002
Van Gecko
Hard to fade you, Qindex, and bc. I am dumping all my $ calls/Yen puts today and taking the money - monthly chart shows much resistance here for the $/Yen. Still bearish long term and will try to buy this $/Yen pullback


van Gecko 07:48 GMT October 11, 2002
mhi.. sorry to hear your dilemmas.. if you email Jay, he might be able to help.. for "Buy/Sell Fractal" explanation, please go to the Help Forum & key in 'fractal' in the comment field & click search..
good luck..
ab.. when $/Yen was bounced from 126 up to 134 in April 1st, i guess some April fools were looking for a moon shot up to 140.. that 134 April fool day top had held eversince..
you might be interested in reading my 'April Fool' post in Jay's wonderful archive;
van Gecko 13:32 GMT April 1, 2002
;
Revdax.. better $/Yen Sell On Blip levels here.. another nice double 10 day TR Blip day call.. how come Euro .9850 is holding?
the Blip over the 123.7 sure looks like some early work from our Asia Sharky friends..

hk ab 06:25 GMT October 11, 2002
Hi, Qindex, Gecko, Bne cad, Vikram and other friends,
When yen falls from 135 to 126.35, what level did you expect the yen to bounce back to at that moment? 134, 135 or 135+? THANKS for your view.




van Gecko 03:10 GMT October 11, 2002
FW CS.. good evening, you might be right.. we had seen a daily Sell Fractal this week from a major resist line (124.6).. and now the market may be painting the index of a Weekly Sell Fractal..
regardless, daily Sell Candles from major resist levels after an extended rise in conjuction with price/tech divergences up here at the weekly & daily time frames are respected & religiouly followed by most positional Japanese candle watchers..
anyways.. when everybody & their Japanese bulldogs are calling & expecting a 125/126 top.. the market often disappoints.. may be 124.6 rounded off is close enough to a 125 top here..;)
the prevailing trade mode for the 3 Japaneses bulls is now SOB/SOSB (Sell On Blip/Sell On Substantial Blip)..

FW CS 02:29 GMT October 11, 2002
Van Gecko
I respect your views but what I have observed about $/Yen moves is that they seem to end in a buying or selling climax before the major countertrends start. I don't think we have seen that climax so we may see a quick move here maybe 125-126 before the countertrend starts



van Gecko 03:17 GMT October 9, 2002
Just when it looks like Usd/jpy & the twin bull Japanese crosses had embarked on a multi day correction & "Goldman has stopped selling.." ?
those savvy dollaryen player's in house analyst/traders should be screaming to their bosses here..;
"SOB! SOB! Boss! Sell! it's now trendy to be a Japanese SOB Boss.."
;
Gbp/Jpy may be starting another pip_stopping 8 figure mid trend correction here..
all the way down to the 187's before resumming its level shifting m/t bull run up to the 200's..


Toronto Sparker 01:10..;)))
hang in there.. how about a truck load.. ?



van Gecko 23:23 GMT October 8, 2002
mhi 21:25.. good evening.. Eur/Gbp working on a 3 day bounce from the major .6250 support Flatline.. the immediate upside target is at the confluencing resist levels up at the .6320/30's where potential shorts could be made with a stop above the .6350's..
a failure up at the .6320's combined with a daily close below .6300/6290 during the next 2 sessions would induce more aggressive bears to short the pair for the pending break of .6250 to resolve this m/t falling wedge..
;
Good evening Sparky...;))))
how life over at the right side of Loonieland..?

van Gecko 23:15 GMT October 8, 2002
Usd/Jpy now painting an intermediate top reversal here.. below 124 would confirm a daily top thrust Sell fractal targeting the confluencing 122.80/50 support band..
;
Gbp/Jpy flashed a big time Reversal here with this daily Sell Candle from yesterday's 195 top..
a daily Sell candle after an extended 1500 pip climb would most certainly arouse the interest of some Sell On Blip Japanese Candle bears for some much need correction down to the 191's before resuming the m/t bull journey up to the 200's..

Toronto Sparker 23:11 GMT October 8, 2002
van Gecko..nice.. ("btw.. looks like a vely good bet here to buy some 'cheap' Eur/Usd & sell some 'expensive' Usd/Jpy for a delayed move..")

van Gecko 15:57 GMT October 8, 2002
morning Mex Osk ..
Cable being double crossed by the corrections in the Eur/Gbp & Gbp/Jpy crosses..
a close below 1.5580/90 would re-target the low 1.55's..

van Gecko 14:58 GMT October 8, 2002
Jom San.. snoozy fall morning up there in Lotusland.. $/Cad being brought up here by aggressive Buy On Substantial Dip'ers (BOSD'ers) at the initial m/t support & rising 8hr ma, 1.5880/50's.. below, more patient m/t BOSD'ers are waiting down at the primary m/t support line, 1.5710/50's..
once over the old 1.6050 cuckoo's nests, the high flying Goose could re-target the 1.62's & the new historic skies above..
have a nice flight..
;
btw.. looks like a vely good bet here to buy some 'cheap' Eur/Usd & sell some 'expensive' Usd/Jpy for a delayed move..


van Gecko 13:28 GMT October 7, 2002
Bonjour JOM San.. if you are interested in the short/medium directional pictures.. you may also wish to watch Eur/Usd's guiding light, Eur/Gbp like a $hawk too..;)
Eur/Gbp finished the 1st week of October at a 25 week low & the 4th consecutive monthly test of the crucial .6250/40 Flatline & 50 week ma after peaking up at .6520 back in June/02..
with Eur/Gbp being a time proven leading indicator for the Euro, the eventual break of this line will indeed be alarming for $bears..
;
"embedded Flatlines (support/resist levels) always get taken out in the direction of the prevailing trend.. "
have a nice week..



van Gecko 14:55 GMT October 4, 2002
Saddam's new $anthem ?
"Mama take these $bulls from me
I can't take it anymore..
It's getting dark too dark to see
Feels like I'm knockin' on dollar'$ door..

Knock-knock-knockin' on dollar'$ door..
Knock-knock-knockin' on dollar'$ door .."

Fx'Gun$'n'Rose$


NC JJM 17:36 GMT October 3, 2002
nice move in $/yen the last few the last hour...boy this is tough...
van gecko is right, stick with $/cad..kudos to him for nailing this thing all the way!!!!,


van Gecko 17:09 GMT October 3, 2002
ab.. $/Cad short/medium terms bullish.. near term vely bullish.. it's better to be aligned North then keep trying to out-smart the market & anticipate tops..
try to suppress those SOB impulses (Sell On Blips) for the time being..
practice BOD/BOSD/BS (Buy ON Dips/Buy On Substantial Dips/Buy & Snooze) tactics until the market tell you..
right now, the market seems to be targeting the 1.6's..


van Gecko 16:41 GMT October 3, 2002
khai nihao?
"128.88 or 88.821 first ?".. don't matter as long as we are aligned in harmony with the market..
right now.. the market is tell me it's better odds to be align for a s/m/t Northward bias towards 128.88 instead of Hopeing for a return to swim under the Southern 88.821 seas..
how's the weather in Prague ? hope you had now emerged high & dry from under those terrential water..



van Gecko 12:24 GMT October 2, 2002
Usd/Jpy.. on the verge of resolving this 12 hr 123.2/122.8 Pearl..
will it pop up to 123.88 or slide down 121.88 from here?
my guess is that the market pushing Bulls s/t upside objectives will be meet before any slides down to the anxious $bears & bulls waiting down at the 121.88's..
the Gbp/Jpy bull's critical 193 level may provide the near term directional clues here;
above 193.. 124 may be history & the market advances up to the 126/127 levels..
below 193.. bulls & bears may be locked up in a mini term 124/121 pip_battle before pushing higher or lower..
Cheerios..



van Gecko 13:24 GMT October 1, 2002
$/Japanese closed off September up at a 4 month high..
a rising 4 month bullish buy fractal now in progress re-targeting the recent 124 highs..
over 124, could see a fast rise up to the 126's..
positional players betting on a multi figure payday could expect more m/t $bull passengers to hop on-board here plus supports from the twin Gbp/Japanese & Eur/Japanese Bull cross trains ..
last year.. the 126/127 resist line was sliced through like a hot knife through butter on the way up to 135..
Cheerios..