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Thursday, May 19, 2005

Beijing Laowen 11:47 GMT May 19, 2005
van Gecko 10:51 GMT May 19, 2005 //
Thank you very much,mate! I have seen you as a legendary master here.

Frankly I am holding a short of Eur/Gbp from 0.6889 and a Short Gbp/Chf from 1.2405 this morning,meant to intraday trade Short Gbp/Chf and M/T SS Eur/Gbp. My SAR on Short Gbp/Chf was on 1.2435 offer and now I am BS Gbp/Chf and SS Eur/Gbp. Seeing Gbp/Chf's intrady range was more than 200 pips a day made me a little sensitive.
Your comments made me comfortable and thanks a lot!


van Gecko 10:51 GMT May 19, 2005
Beijing Laowen 08:52.. the current eur/gbp gbp/chf levels offer very good r/r for m/t traders of various size & temperment across the board.. if your preference is for Gbp/Chf, watch the 2.26 & 2.23 lines like a hawk..@_@.. the m/t upside bias since the start of the year is intact unless the cross fails to regain 2.26 & sustain weekly closes below 2.23.. its very hard (may be impossible) to micro manage risks & survive in this biz under the constraint of a small leverage account since trading is more like an art rather than science..gl..
hk ab 09:37.. Usd/Cad is on the verge of confirming the 'Golden Cross' goose egg per my 10:28 GMT April 28.. have a loose & goosy flight to 1.30 & beyond..


hk ab 09:37 GMT May 19, 2005
van Gecko 08:28 GMT May 19, 2005
Very right timing post and I can long more dlr/cad at 1.26.....

Beijing Laowen 08:52 GMT May 19, 2005
van Gecko 08:28 GMT May 19, 2005//
Thanks mate! However, as Gbp/Chf's moving range is too big,a leveraged account cannot bear it without S/L. What's your view on the S/L for these SS and BS trades? Thanks and GL

van Gecko 08:28 GMT May 19, 2005
After breaking throught key m/t levels, shell-shocked Dollar bears can expect some near term relief while the Dollar consolidate & gather more liquidity for the next up leg.. Dollar bounces in front of Usd/Cad 1.25 & Usd/Chf 1.21 from here are good USD buys for the near & m/t..
Beijing Laowen.. Gbp/Usd leading the free fall below the 200dma while the Euro/Swissy twin hugged each other around the line before catching down to her Majesty had given old & new member of the 'Eur/Gbp Gbp/Chf Snoozer Club' good m/t SS & BS levels.. from here, Gbp may get better support & lead her Continental cousins for a bounce back towards the 200dma which could limit the Eur&Chf's recent gains vs her Majesty & reward those patient SS/BS players snoozing towards the .6500/2.4000 m/t targets..
Cheerios..


Beijing Laowen 08:57 GMT May 18, 2005
van Gecko, are you around? Do you still see the current levels are better levels for SS Eur/Gbp and BS Gbp/Chf? Thanks and all the best~


EU ZORRO 08:53 GMT May 18, 2005
Good morning Saloniko...!!!

...don't forget the real masters...Gecko, Quindex and BC...

Good trades

Monday, May 16, 2005

shanghai bc 01:25 GMT May 16, 2005

AB 00:32 -- Good morning..Expecting some more downside of Eur/Usd to come in this round of medium-term Dollar cyclical recovery or bounce..However,expecting Eur/Usd 1.25-1.20 range to provide a decent floor for the next Eur/Usd upmove..Oil and Commodities are correcting nicely thanks to real estate market corrections in Shanghai..And these factors contribute to Dollar recovery in a major way too..Good trades..

hk ab 00:32 GMT May 16, 2005
bc// The little euro now approaches the 1.25 handle. May I have your valuable thought on this line? many thanks.


Beijing Laowen 01:47 GMT May 14, 2005
"van Gecko 13:36 GMT March 4, 2005
every NFP Friday this year had been a No Fun Party for $bears.."


========================
Majors move on last Friday (not yesterday) after NFP released reminded me of van Gecko... LOL


London. 02:20 GMT May 13, 2005
A Post from the Archives from Gecko Interesting

"van Gecko 14:19 GMT February 4, 2005

08:19 GMT January 14, 2005
"eur/usd & usd/chf now converging from multi-year diametrically opposite extreme levels.. sometime in the near future, the twins will meet at/near 1.25 then say good bye to each other for a long long time.." ie.
converging to 1.25
eur/usd 1.36->1.32->1.30-> * 1.25 <-1.19<-1.17<-1.13 usd/chf

diverging from 1.25
usd/chf 1.36<-1.32<-1.30<- * 1.25 ->1.19->1.17->1.13 eur/usd

a month into the new year & last years Q4 Dollar Bear Brigade are still in hibernation.. looks like the Q1 Dollar Bull Brigade is now focusing on * 1.25 * for the Conti twins..
the EUR/GBP .6800 intermediate attractor now in sight for the SS Brigade..
Cheerios.."

Tuesday, May 10, 2005

sgp sp 10:20 GMT May 10, 2005
Hi Gecko,
van Gecko 07:18 GMT May 10, 2005

nice to c u again....as usual, your posts here are rare but extremely informative. Thanks,
gl & gt 2 u


van Gecko 10:02 GMT May 10, 2005
Miami OMIL (/:-> 09:13.. good morning..
good point..:)) there seems to be no joy for M/T Euro 'BS strategies' as most trend-following Currency Management Strategies had perform badly since the the start of year-to-April 30.. especially now with the eur/usd pair about to break thru key m/t support levels..

"..You got to know when to hold ’em, know when to fold ’em.."
Kenny Rogers, "The Gambler"

euro @1.2800

SanFrancisco analyst 08:39.. thank you for sharing your views here..


Miami OMIL (/:-> 09:13 GMT May 10, 2005
van Gecko 08:03 GMT May 10, 2005
Good to see your comments mate. I thought the BS meant the eur/usd pair is deep in Bull Sh** if it breaks thru the key support LOL. GT

SanFrancisco analyst 08:39 GMT May 10, 2005
Always love Van Gecko's commentary. These markets trade in sessions, not 5 minute bars. One trade per session per pair should do, and will likely be more accurate in my humble op.


van Gecko 08:03 GMT May 10, 2005
hk ooozmeeeh 07:22.. good afternoon.. good to see you again too..
gl..
Beijing Laowen 07:26.. they are my terms for anyone trading & holding L/M/T positions; once the the bias for the position is identified & running, its no use to sit in front of the screen & watch the daily pip noises, for it may be better & healthier (physically & positionally) to trail the position, go 'snooze'/or play & let it run on its merry way over the L/M/Terms..
"SS Brigade"= Sell & Snoozers, and "BS Brigade"= Buy & Snoozers
cheers..


Beijing Laowen 07:26 GMT May 10, 2005
van Gecko 07:18 GMT May 10, 2005 //

Sorry mate I am not clear about the terms you were using. What did u mean by "SS Brigade" and "BS Brigade"? Thanks and GT

hk ooozmeeeh 07:22 GMT May 10, 2005
van GECKO....... nice to see you again!!!! GL/GT


van Gecko 07:18 GMT May 10, 2005
very good levels here for the EUR/GBP 'SS Brigade' & the GBP/CHF 'BS Brigade' to add/reload m/t positions compliment of her Majesty GBP..
in regards to rumors of "Asian, Russian central banks buying the euro around 1.2800 (to USD), preventing it from falling below that level permanently" even if the rumors are true, imo its a vely tough h'issing against the wind bull job under the present inter-market dynamics with all of the majors lead crosses already running wild & in support of the USD..