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Friday, May 19, 2006

van Gecko 13:34 GMT May 19, 2006
GBP 1.8750 may bring both good news & bad news for GBP bulls & bears..
heres the good news.. a weekly close above would keep the bulls dream for 1.95 alive & afford more Sell On Blip opportunities for her majesty's Sons Of Beatrice bears..
now the bad news.. a close under could see her majesty sliding into the end of the month..
have a nice w/e..

van Gecko 12:51 GMT May 19, 2006
HK Kevin.. indeed, the yellow metal seems to be getting a bit tarnish these days..

HK Kevin 12:30 GMT May 19, 2006
van Gecko 10:53 GMT, a renowned newspaper's investment commentar in HK also predicts GOLD will retract back to USD600 as another buying opportunity. He recommended the reader to buy GOLD several years ago when it was USD280.


Athens 11:56 GMT May 19, 2006
IW, as you know my shortest time unit is the daily for I am not interested in shorter time periods periods practically or analytically.

Helsinki iw 11:52 GMT May 19, 2006
Athens, what do consider to be medium term?

Athens 11:44 GMT May 19, 2006
Yesterday I wrote here, "I no longer consider selling EUR/$ rallies as USD bottom fishing but as the right medium term position provided one allows for short term price jerks and does not pay silly narrow stops."

The price action has reinforced my technical view (the rally to 1.2870 was an excellent selling opportunity based on that comment (selling EUR/$ rallies). Following today's action, I now have the same view on all the majors (selling their rallies hereforth as medium term position). With such a strong trend since April, we may still be in for some more back and forth moves, however m techs indicate that medium term USD bottoms are already in place on all four ,major pairs.


FW CS 11:13 GMT May 19, 2006
Van Gecko
Thanks 1.10 may be ambitious was also looking at 1.22 first but whatever the case Euro seems to have topped here.

van Gecko 10:53 GMT May 19, 2006
FW CS.. good to see you again.. I beleive a retest of the 1.20/18 zones is possible with a sub 600 gold correction/reversal.. a 1.10 projection from here may be deemed as 'deceptive' in view of the recent bull run..


FW CS 10:33 GMT May 19, 2006
Van Gecko
what are the chances that Euro on its way to 1.10 ( which I think is going on now sell heavy anywhere near 1.29) and gold still up from here?


van Gecko 10:23 GMT May 19, 2006
"08:29 GMT May 15, 2006
the yellow metal finally losing its shine.. her majesty GBP 1/2 way to a 200 pip day.. 1/4 way to a 500 week.. lotsa BOOB'ing going on (Bail Out On Blips).."


well.. only shedded 300+ pips so far & the week is almost done..
where are the Chicago Bulls?


Tallinn viies 09:55 GMT May 19, 2006
there are probably lot of buy order in front of yesterday low 1,2725/30.
very hard to see it lower from here

London Crystal Ball 07:28 GMT May 19, 2006
van Gecko
do not like your ansewer, but accept It


van Gecko 07:21 GMT May 19, 2006
Crystal Ball 07:09.. morning.. there were no deception involved.. they are forward thinking projections.. but as you may well know, not all 'Crystal Balls' are created equal in this biz.. :)


hk revdax 07:13 GMT May 19, 2006
van Gecko 07:02//there is in fact a TRD 'supposed' to come in US session but sometimes things are not that punctual.

London Crystal Ball 07:09 GMT May 19, 2006
Gecko It seems me you did not understand the thing. Revdax's time plays are sort of schnitzels themselves. By the way wasnt you deceptivily talking of eurusd 1.15 1.10 1.08 just less than a month ago. Be humble please


van Gecko 07:02 GMT May 19, 2006
re. Schnitzelling in GV forum
Schnitzleologists: Schnitzels are real Wieners!
Schnitzel_naysayers: Schnitzels are FOS!

is Schnitzelology 'Wiener or FOS'?
imo any Schnitzleologists wanting to showcase their crafts & stuff 'Wieners' on 'FOS' Schnitzel_naysayers should post their Schnitzel trades as they occur.. then post a chart link after.. otherwise, it only takes up forum bandwidth & bring out more Schnitzel_naysayers..

revdax.. you adding price to your TRD Specials now?


hk revdax 06:51 GMT May 19, 2006
Today's Special Risk//Sell $/CHF ar 1.2102 stop 1.2121

Tallinn viies 06:34 GMT May 19, 2006
good morning
after yesterday we can say euro downside correction has been done. for today order resting at 1,2715 to add more euro longs. stop all at 1,2676.
target for next week 1,2970/75. gl

London Crystal Ball 06:31 GMT May 19, 2006
LT FX 06:26 GMT May 19, 2006
Suspicius It seems me, you must be better than Vegas Jon then, but difficult It seems me to beat schnitzelometrics. Obviously 1.2015 Eurusd long gives me some 800 pips now, but this happens twice a year.

LT FX 06:26 GMT May 19, 2006
convert 50 pips into 1% and you need 700-1000 pips to get 35%-50% gain...thats the way we work...GL
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