Gecko Global Analytics

van Gecko 03:48 GMT December 9, 2004
London 15:06.. exact market turning points are only evident in hindsight after the market had moved long past the previous tops & bottoms.. anyone who tells you they can consistently pin point the exact market swings in advance are born again Houdini wannabees.. one of the many tricks of the trade in this biz is to follow the market after it had taken out some major levels from a previous major or intermediate tops/bottoms (ie. turtles).. another trick is in applying good sound analytics to identify market reactions at/near major market levels or inflection points and scale in positions in anticipation of a directional change.. both methods (or any methods) requires sound risk & positional trade management tactics within the traders comfort zones in-order to enhanced ones longevity & make real money consistently in this biz..
as for 'quick change artists' who thinks they can beat the market trading micro noise swings.. while some of those rare breed may indeed exist in real life, had never meet any who can consistently make real money & survive over the long haul.. imo successful 'low risk' short term noise swing trading myths exist only in books & subscriptions hypes..

ICT ML 03:00.. cheers.. gl with your possies..


ICT ML 03:00 GMT December 9, 2004
van Gecko 02:00 GMT December 9, 2004
right on mate, just have to let all the die hards and jonny come lates buy back in:-) we shall see what happens in a few hours.


van Gecko 02:00 GMT December 9, 2004
its was around the same time yesterday the Dollar got rolling in Asia.. major sentiment shifts in the minds of market moving elephants usually don't change over-night..
cheerios..

van Gecko 01:28 GMT December 9, 2004
dc fxq 22:56.. i think after letting the bulls blow past 1.30 & blew their chance in putting out the fire at the bud..the market dynamics of the last few days suggest they had adopted a psycho/passive 'get more bang for bucks spent' tactic instead of the reactive 'in you face' style of the past..
realizing time & money is on their side, they may be content with covert massaging of certain lines in the sand and let the mounting psychological pressures to play its tricks in the mind of the bulls for an orderly natural turn..
some objective thinking seasoned bulls will see the underlying writings on the wall and get out while the going is good.. where as the more subjective types & late comers joining the party will always add some last minute liquidity near the end of all trends..


dc fxq 22:56 GMT December 8, 2004
Topic for Discussion
Central bankers are not terribly bright!. This morning, after days and weeks of blather about bemoaning the valuation of the Euro, the ECB missed a golden opportunity to crush EURUSD.

Get consider what may have happened had the ECB stepped in and done a small sale near the lows on the first bounce up and then spread the word they had intervened.
Any guesses where EURUSD might have bottomed out then?
Food for thought.

Syd 18:54 GMT December 8, 2004
The CRB Index of 17 commodities futures market fell not quite three points, to as low as 276.36. traders say the technical damage has been done and expect the index to ultimately dip to 272.18 - 271.96 support. The signal for the move would be decisive trading below 277.35. DJ

Chicago CME 17:52 GMT December 8, 2004
Saw some major liquidation by CTA's around the IMM open. Many were due to roll positions from Dec into Mar but instead elected to just unwind Dec. Remains to be seen if they will go long the Mar ccy's to get back into their short dollar possies. This runup in ccy's over the past couple of months has really saved their bacon. Their drawdowns were looking horrendous as of end Q3. Now many CTA's are flat to slightly higher for the year. A couple that I spoke with sound like they are pretty much done for the year. Year end parties begin this week and I think many of them just want to get pissed and put this stressful year behind them....

London 15:06 GMT December 8, 2004
Rivonia PipPirate He (Van Gecko) got some stick on here with his call, but knowing him from the past ,always correct even thought the market doesnt comply immediatly

Rivonia PipPirate 14:59 GMT December 8, 2004
London. 14:37 GMT December 8, 2004
... its two weeks overdue, but your timing excellent as always
I wonder if this sentence could be classed as an oxymoron?

Rivonia PipPirate 17:40 GMT October 22, 2004
Projected low 4 CAD today was 12345. Nice # .....
Projected high for today 12345. Still a nice #

London. 14:37 GMT December 8, 2004
van Gecko 13:35 btw good call, its two weeks overdue, but your timing excellent as always.

prague viktor 14:31 GMT December 8, 2004
van Gecko 13:35..yeah mate MIB they just started the show.. they started it slowely and softly that is the first part from the show hopefully to the xmass we can see ur tgt 1,295-1,30 G/T G/L

Brisbane 13:41 GMT December 8, 2004
Spot gold has broken through support at $440 a troy ounce and fallen to a 3-week low at $436.85/oz

Ldn 13:37 GMT December 8, 2004
van Gecko if its anything like the duck poo we get around here, not a pretty sight

dc fxq 13:37 GMT December 8, 2004
we are in a "catch a falling knife" scenario here for EURUSD. Like you I have some S/T scalping levels based on O/S readings but went long and then flat twice with minor losses. :)


van Gecko 13:35 GMT December 8, 2004
G.day viktor 12:43.. indeed those MIB are doing their job frustrating the 1.35 pushers.. below 1.32 look for a 'throwing in my last towel scramble' down to 1.3000/1.2950 elevator shafts..

Ldn 12:35.. some well placed Goose dungs landing on whoopsy is not a pretty sight..

Makassar Alimin 12:53 GMT December 8, 2004
out for 25 pips and flat again, looks hard now to go beyond 1.3335
if those elephants Gecko mentioned before find it hard to get out at their target 1.3370 then i think we are heading for lower euro maybe

prague viktor 12:43 GMT December 8, 2004
van Gecko..G.day mate! ( men in black....) are doing there job by a great way ..step by step what the next level is 1,323?1,318???G/T

Ldn 12:35 GMT December 8, 2004
van Gecko well lets hope those elephants had dont their whoopsy first and it doesnt land on us.

van Gecko 12:28 GMT December 8, 2004
Ldn 11:25.. top heavy elephant bulls are looking to 'SOB' in front of 1.3350/70 before 1.3250.. still flying up here in the 1.22 skies with the $Goose?

Ldn 11:25 GMT December 8, 2004
Break in EUR/USD below 1.3370 is bearish, and signs are that a temporary top is in place. A daily close below 1.3350 will further bolster this view.
HSBC


Haifa ac 08:20 GMT December 8, 2004
Seems like Gecko was only a few days premature.

B.A. BOCA 08:05 GMT December 8, 2004
gold taking a beating...444.95

London. 07:54 GMT December 8, 2004
Traders say overbsold technical signals and increasing verbal intervention from European and Japanese officials are beginning to rattle the market triggering profit taking and reduction of exposure.