Register File Sharing Journals Chat Room FAQ Calendar Mark Forums Read

General Trading Forum Open discussion on all aspects of trading and short-term investing.

Advertisement







Search Forums
 
» Advanced Search

Reply
 
Thread Tools Display Modes
Old 14-06-2004, 14:47   #1
Habib
level 3
 
Habib's Avatar
 
Join Date: Jun 2004
Posts: 269
Downloads: 0
Uploads: 0
Rep Power: 0 Habib is an unknown quantity at this point
EUR/USD and USD/CHF are being manipulated by the big shots.

EUR/USD is being artificially kept up and USD/CHF down.
Cable not joining the show with its usual strides is a clear proof of that.
Habib is offline   Reply With Quote
Old 14-06-2004, 14:59   #2
Habib
level 3
 
Habib's Avatar
 
Join Date: Jun 2004
Posts: 269
Downloads: 0
Uploads: 0
Rep Power: 0 Habib is an unknown quantity at this point
There is always some fancy excuse.

When they want to push them down, it is some hitherto unknown Poole's comments, and when they want to push them through the roof, it is demand from Middle East or something.
I am trying to learn their manipulative techniques.

Last edited by Habib; 22-06-2004 at 17:11..
Habib is offline   Reply With Quote
Old 14-06-2004, 15:06   #3
Habib
level 3
 
Habib's Avatar
 
Join Date: Jun 2004
Posts: 269
Downloads: 0
Uploads: 0
Rep Power: 0 Habib is an unknown quantity at this point
Free real time Forex News are meant to brainwash the minnows.

Comments on these so called free real time news sources are very deceptive, especially those that give an explanation of the cause of some big move either way.
I have learnt the hard way to add my own grain of salt to what I read.
Habib is offline   Reply With Quote
Old 17-06-2004, 13:02   #4
adel
level 1
 
Join Date: Apr 2004
Posts: 19
Downloads: 0
Uploads: 0
Rep Power: 0 adel is an unknown quantity at this point
Clarification

Is this information available from any particular sites?
adel is offline   Reply With Quote
Old 18-06-2004, 04:14   #5
Habib
level 3
 
Habib's Avatar
 
Join Date: Jun 2004
Posts: 269
Downloads: 0
Uploads: 0
Rep Power: 0 Habib is an unknown quantity at this point
That was my opinion, obviously.

However, if you are asking which web site shows this information, here is the link:

http://www.moneytec.com/forums/_showthread/_threadid-8599/_s-

Sorry for that little joke.

Still, if your question was about the free real time news sources, you will find an abundance of them on almost all forex brokers' web sites.
Habib is offline   Reply With Quote
Old 18-06-2004, 06:03   #6
adamq
level 1
 
Join Date: Oct 2003
Posts: 29
Downloads: 0
Uploads: 0
Rep Power: 0 adamq is an unknown quantity at this point
Re: EUR/USD and USD/CHF

Quote:
Originally posted by Habib
EUR/USD is being artificially kept up and USD/CHF down.
I do not think it was artificial. Simply there was strong selling pressure on EUR/CHF last weeks, based on speculation that CHF interest rate would be increased (actually it was incresed yesterday by 0.25%). I read last week on some service that one of the council members turned hawkish from dovish. Probably some insiders knew it earlier than the public.
Additionally EUR/CHF accelerated going down after breaking 1,53 which was an important support for technical traders.
adamq is offline   Reply With Quote
Old 18-06-2004, 10:28   #7
adel
level 1
 
Join Date: Apr 2004
Posts: 19
Downloads: 0
Uploads: 0
Rep Power: 0 adel is an unknown quantity at this point
Your clarification

No apology necessary, I am counting on you for all my financial information, couldn't resist! Thank you for the feedback..
adel is offline   Reply With Quote
Old 18-06-2004, 12:05   #8
Habib
level 3
 
Habib's Avatar
 
Join Date: Jun 2004
Posts: 269
Downloads: 0
Uploads: 0
Rep Power: 0 Habib is an unknown quantity at this point
adamq

Sorry pal,
Perhaps I did not make myself very clear. I was then talking about EUR/USD and USD/CHF (that were being manipulated, in my, humble opinion, at the time. It was not about the EUR/CHF cross.
Anyway cable (GBP/USD) has since joined the foray, so it is a moot point now.
About today's action. I never thought having a budget deficit a few billion worse than expected could kill USD. You learn new things everyday.
And adel, I am a beginner, a total novice in this field, so better not pay too much attention to what I say.
Habib is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump