Gecko Global Analytics

london 07:44 GMT November 4, 2004
van Gecko many thanks for explaining it helps considerably

van Gecko 07:39 GMT November 4, 2004
london 06:09.. m/t money players are willing to push the USD at anytime under the right market bias, risk & liquidity.. the S/M/L term bias is for a lower Dollar, but the risk of selling the Dollar here at or near a potential S/M/L term double bottom & the lack of liquidity may not be acceptable for prudent players at these near term extreme levels..


london 06:09 GMT November 4, 2004
Thanks for the reply, are you saying m/t money players..are unwilling to push the USD any lower at this time?


van Gecko 01:41 GMT November 4, 2004
london 14:35/hk mom 22:35.. it usually take anywhere from 4 to 8 weeks for the Dollar to resolve its next short/medium term direction from a major level, the Dollar is into week 2 of resolving the crucial 85 neckline after taking out the 87/88 6 month support..
with the Dollar starting the month at the low after losing over 400 basis points in October, any near term gains by predator bears are not sustainable due to lack of participation from m/t money players..


hk mom 22:35 GMT November 3, 2004
Gecko, is the usd correction over? 84.50 is gone already?

london 14:35 GMT November 3, 2004
Gecko if around are you still looking for that correction higher USD with Bush win