Gecko Global Analytics

GVI Jay 13:37 GMT November 4, 2006
Buenos Aires. It was in the late 80s and post Plaza Accord and being short dollars over any weekend was a near sure win. Well, this one was an exception. European finance officials had enough of US benign neglect over dollar weakness and met secretly in Glleneagles Scotland over the weekend. They issued a statement against a further weaknening of the dollar and you can guess the rest. A 5% gap opening higher was enough to cause a panic.

GVI Jay 23:31 GMT November 3, 2006
For the record, it was 10 big figures. $/dm closed Friday at 1.9850 and and opened at 2.06 and gapped to over 2.08. It didn't move that way because the market was long (meaning market was very short).

GVI john 21:38 GMT November 3, 2006
BA-- seven big figures in $/dm after the Gleneagles Summit. Longest and worst night of my life?

Buenos Aires 20:49 GMT November 3, 2006
to the old forex traders...
which is the largest Monday gap (related to Friday closing) that you ever see in the different pairs?

SA Mouwati 17:14 GMT November 3, 2006
seriously speaking, a risk of about a fig in euro is worth a dozen big figures if this crap (oh Sorry Mr Elliot) comes out true. Spent about goddamn 6 hours yday figuring out all possible scenarios and cannot but short this euro pair. if someone would take my crazy view seriously, then yen at 125 and euro at 116 soon are just the first of many further levels. glgt

SA Mouwati 16:57 GMT November 3, 2006
London Iain 16:19 GMT November 3, 2006
tks mate. But what is interesting is you have pushed the stop above 1.29. Honestly if i see 1.2850 bid, i would call this wave-B-theory-top a bad call and would reckon a 5 wave upmove towards the previous high. Surprisingly, in both euro and cable, all downmoves are 5 waves and all upmoves are 3. And just cannot figure out how on earth should these pairs rally.

Gold coast Martin 16:27 GMT November 3, 2006
before the US election pushing pushing the euro has got no R/R....G WEEKEND TO ALL


van Gecko 15:22 GMT November 3, 2006
"October 30, 2006
Usd/Jpy Singapore Sling @10/30
After setting new highs in October, the dollar is teasing the bears again by doing a 3 yen liquidity dip to m/t support here prior to another go at the 120's..
The Dollar turning up anywhere within this 117/116 m/t support band would have very bullish implications as it would form a mini Sling within the main m/t Singapore Sling formation retargeting 120+ near term with potential upside acceleration up to the 121.50/122 zones.."
PorkChopTitist FX BBQ

Nice mini Sling taking shape here..

Usd/Jpy @118 rising from 116.60 support


van Gecko 14:47 GMT November 3, 2006
"14:19 GMT November 2, 2006
Top feeders are trying vely hard to sustain the Conti cousins momentum or risk daily Reverse Somersault Fractals.."

now the daily Reverse Somersault Fractals are turning into Weekly Gravestones..

van Gecko 13:41 GMT November 3, 2006
market has a way of moving in mysterious ways as too many was calling the the recent move as Easy money One way street..

Philadelphia Caba 13:36 GMT November 3, 2006
why to care about NFP anymore? too easy to manipulate...

euro @1.27 GBP @1.90 after the NFP release


Cannes Oil man 12:26 GMT November 3, 2006
Gecko : Might work all right, particularly if 1.2820 doesn't break..
At the end of the day, might be lots of people holding positions from High/lows (people shorting from 1.27 or longing from 1.27).


van Gecko 12:18 GMT November 3, 2006
Cannes Oil man 11:33..
OG.. not nimble enough to do precision micro/mini term S/R bombings these days..:)
selling the Dollar within this 85/84 band & below 84 posts too much risk & not enough reward for me..

" 12:39 GMT July 27, 2006
Manila Tom.. hope you're fine.. its nice to have opposing views as it keep things in prespective.. that being said, for me with the USD Index 400 basis points above a recent multi-year low, the risk of selling the Dollar mid-term out weight the potential reward.. so to keep it simple, above USDX 84 buy & hold the Dollar for mid to long term with trade & risk mangement tactics to suit individual styles.. load up above 87 with weekly confirmation.. & go snooze or play with caution between 84-80.. hope it helps.."


hong kong nt 11:38.. hmm.. what make you think I would do that?
are you inferring that you're the "master at pea-shooting" with your response to my 11:22 ? LOL


Cannes Oil man 11:46 GMT November 3, 2006
I was long during the week (as per newsletter longed each time we got close to 60, lowest was 58 entry) , however I have released yesterday , as it just doesn't break upside, and everyone is waiting for NFP , to finish the $ , or just buy $..At the moment the market is readying itself to go long $'s , the surprise will be if the market has to SELL $ even more , and a huge break follows..
I am going to buy breaks (near 1.2815) , as i am already short $ via canada..
Today , buying LOW's of the week (1.2740-60) is quite dangerous as a move there will probably make it just continue to the downside..
A break or die situation:Particularly on a friday with a low volatility for the whole week (Stop built up on both sides)..
gl


hong kong nt 11:38 GMT November 3, 2006
van Gecko 11:22 GMT November 3, 2006
feel free to call me nuts...LOL

Cannes Oil man 11:33 GMT November 3, 2006
At what rate you fold the cards , to go long Gecko?
Where's the point in your eyes the $ has to be sold?
We can all make wrong shots, just wondering where your risk reversal will be?
Good luck mate.


van Gecko 11:22 GMT November 3, 2006
pea-shoot predictions running rampant ahead of tonight's NFP party..
looks like the moon is exerting its lunatic influences again.. ;)

hong kong nt 11:09 GMT November 3, 2006
EURO 1.28 3Q maybe today's high, SWISS 1.235 maybe today's low, CABLE 1.92Q maybe today's high, YEN 115 3Q maybe today's low and A$ 0.77 3Q maybe today's high...

hong kong nt 10:43 GMT November 3, 2006
Likely to see 115 yen to trigger massive stops tonight...

van Gecko 07:50 GMT November 3, 2006
well.. nt, its different strokes for different folks.. not much of a one line pea shooter here.. but if you insist... LOL

hong kong nt 07:32 GMT November 3, 2006
no need to type so many lines, simply type "bad trades to you" ... LOL

van Gecko 07:18 GMT November 3, 2006
hong kong nt 07:02.. good to see you're having so much fun playing yellow metal straddles while most players seems to h'i$$ away oodles of option premiums into a worthless pile of time decay noodles.. ;)

hong kong nt 07:02 GMT November 3, 2006
van Gecko 06:48 GMT November 3, 2006
vely interesting to see goldbugs hoarding the yellow metal these past few days..

perhaps, up or down doesn't really matter to bulls as they maybe taking nice profit on spot front and quietly buying 600/640 straddle. hope to see your 550/500 soon and get $50/100 profit from 600 put...


van Gecko 06:48 GMT November 3, 2006
Vienna GD & Perrie Como.. vely interesting lunatic activities clustered around the full moon days.. had been paying attention to this phenomenon for many moons now.. the market usually come alive when the dogs & wolfs start howling.. ^_^

vely interesting to see goldbugs hoarding the yellow metal these past few days..