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Friday, January 25, 2008

van Gecko 07:08 GMT January 25, 2008
Dollar/Yen & the Majors are up against stiff resistances after running up multi-figures in 3 days..
While some Europhiles & Goldies are getting vely euphoric from here, brave Japanese Cross Longkies who are filled up to their necks with windfall pips after these last few days may get more near term opportunties to fill their fx piggy banks again from below.. however, Dollar/Yen & Crosses may had printed their lows for Q1.. cheerios

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Wednesday, January 23, 2008

van Gecko 11:13 GMT January 23, 2008
m/t bias for Cable remains side to down..that eccentric old fella could tease bulls & bears within the 1.95/90 levels prior to making any "sustainable bounce".. good s/t profits can be had for patient SOB/SOSB bears & BOD/BOSD bulls & bears.. fwiwW

Syd 10:37 GMT January 23, 2008
Barclays Capital saying
Cable's key-day reversal accompanied by bullish divergence presented the first evidence of short-covering this year, says Barclays Capital. The pound could now be on the cusp of making a sustainable recovery, says the bank, although it will take a move above 1.96 then 1.98 to squeeze out the trend followers. For this bullish scenario to hold, cable needs to find support above 1.9475, says BarCap.

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Friday, January 18, 2008

van Gecko 07:10 GMT January 18, 2008
nightmare down in Geisha Alley for Japanese Cross shorties with euro @ quarterly support while dollar/yen rising from a major yearly trough.. s/t euro/yen longkies could see lotsa pips filling their fx piggy bank.. fwiwW


HK Kevin 09:42 GMT January 17, 2008
Reagrding EUR/JPY, stay sidelined after covering all short position from 162.30. Van Gecko may be right for calling a bottom. IMHO, it is much safe to buy if it trade above 158.60 today

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Wednesday, January 16, 2008

van Gecko 12:19 GMT January 16, 2008
"07:08 GMT November 19, 2007
Near-term Carry Trades heading towards last week's lows..
Short-term Carry Trades heading towards their August lows..
Mid-term Dollar Index heading towards 88.."

HK Kevin 10:03.. you may be right..
only scaling in small possies here risking a portion of the pips from way up there..;)


HK Kevin 10:03 GMT January 16, 2008
van Gecko 08:30 GMT, it may be just the beginning o a multi-month downtrend for EUR/JPY. See no reason to buy it for mid term. Of course, day trading is another story.


van Gecko 08:30 GMT January 16, 2008
memphis trending.. levels from here down to 1.54 presents good risk scale in opportunties for positional trendkies.. depending on your risk profile, scale in small & add up with the bias.. weeklies below 1.54 may have further down side momentum to the 1.40's.. gl
eur/yen @156

memphis trending 07:54 GMT January 16, 2008
van Gecko:
Thank you, sir. Based on your analysis, where to put stoploss for the long Eur/JPY plz?
Thanks again.


van Gecko 07:50 GMT January 16, 2008
memphis trending..
I wouldn't rule out a near term side to up bias back towards the 1.65's.. Eur/Jpy & cousins down here at their rising 7 year TL's should still attract some real money trendkies..gl


memphis trending 07:36 GMT January 16, 2008
van Gecko:
If eur/jpy rebound, whats your target plz?
thank you


van Gecko 07:28 GMT January 16, 2008
Euro holding 1.48 despite the carnage inflicted on Eur/Jpy longkies.. Europhiles may get lucky with another go at 1.50 with a good near term bounce by the Japanese crosses from their weekly & monthly ma's..
Have'pip New Year

Euro @ 1.48 Eur/Jpy @ 157
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