Gecko Global Analytics

euro 1.3180->1.3112->1.3061, GBP 1.9660->1.9570->1.9499, Gold 629->614
London Gooner 22:58 GMT December 15, 2006
EURUSD closing 100 pips above breakout 1.2970 level. As the market coming back to a breakout level and commentators calling for more USD weakness, better be carefull as nobody knows it this year USD bear run is a correction or not to 2005 USD bull run.
If a high was left less then 300 pips below 1.3660 it won't be seen for a while as it means (lower high) and as we have seen so many times poeple get carried away, human nature. So nothing wrong with that.
Any return to below 1.2970 by year end will cause for a recall on 1.36+ and calls to 1.16-

FW CS 11:29 GMT December 15, 2006
van Gecko 06:09 GMT December 15, 2006
seems like human nature doesn't change even after a cover story gets big exposure. I am suspecting that a Euro topping pattern will look like the bottom pattern- multiple right shoulders in the SHS top. And I am beginnig to suspect that top we saw will not be seen for quite a long time to come


van Gecko 11:19 GMT December 15, 2006
Athens MK 10:53.. thank you for the good reads on her majesty..
cheers..

Athens MK 10:53 GMT December 15, 2006
van Gecko 10:51 GMT December 15, 2006

I like how you said that... :)

van Gecko 10:51 GMT December 15, 2006
1st bounce off the 21dma yeilded a 150 pip dead cat bounce.. 2nd bounce yielded 40 pips.. 21dma clusters penetrated & dipping..
looks like next week's "1.2888 Xmas train" now just getting under way.. looking for more passengers when those New York & Chicago Bears finish their morning coffee..
1.3170 -->1.3070* ~-->1.2888*


van Gecko 06:09 GMT December 15, 2006
FW CS 04:37.. looks like that Economist cover pic is getting good exposure lately.. however, specs are still holding record Dollar shorts even with the dollar now poking its head above the 21day ma clusters from the recent 82 lows.. euro weekly below 1.31 could give bulls & bears a chance to sing jingle bells next week on-board the 1.2888 Xmas train under the shadow of consecutive weekly red candles on top of a big vacuum..
"10:18 GMT December 6, 2006
prime "V" correction/reversal set-up for the Euro & GBP train.."

FW CS 04:37 GMT December 15, 2006
look a lot more at sentiment as well and try to go against the majority specs whenever possible. Liquidating times is when you catch the most pips.

Hard to find a $ bull anywhere now. That is a sign of a bottom.


van Gecko 04:55 GMT December 15, 2006
ab.. frequent trading + carrying positions with -'ve daily interest when a market doesn't move is akin to h'issing good dollar into the wind.. unless one is a rare trading monkeys who can consistently out-smart the market noises..
hong kong seek.. looks like you're quite new here.. hope you'll stick around long enough to witness many more risk-adjusted Forward BS besides that one.. LOL

hk ab 03:06 GMT December 15, 2006
Gecko//are you recommending a sell here and wait sub 600 to close?
long gold has only 1 problem with me in which I need to pay more interests.

van Gecko 02:16 GMT December 15, 2006
be patient ab.. gold is in its seasonal snooze mode..
once the year-end/Q1 volatility picks up below 615, you may have lots of wonderful sub 600 opportunities to "pig-out" on the yellow metal to ring in the Year of the Pig..;)


hk ab 00:34 GMT December 15, 2006
cant' get cheap gold under 625.....

Labels: Euro, GBP