[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: MKT - Dollar/Dmark



PureBytes Links

Trading Reference Links

Iwan D. Angelow wrote:
sir, i'm earning my bread and butter in a country which recently
implemented
the currency board and the local currency is tied to the DM at a ratio
of 1
DMl =1000 BGL.  Since the country's foreign trade, foreign debt and
imports are
predominantly denominated in USD I'll high;y appreciate yr estimation
for
the exrate DM-USD in the  future (1 - 3 - 6 months). I intend to
speculate a
little with the 3 currencies - DM, USD and the local BGL.....Can you
provide some data profing yr estimates. pls forward this msg to all
the RT's, i'm curious about the eventual discussion. tnks & rgds.

Iwan:
Please refer to the attached chart of the dollar/mark for the overall
picture of this market.  We are obviously trading on corrective waves
right now.  Last night closing was 1.7711.  IMO, the dollar/mark is
heading for 100% retracement back to the 1.7540 level in the short
term.  As I'm writing this, FarEast has seen the low at 1.7660.  The
1.7540-50 levels ( give or take) are extremely critical for the
greenbag.  Any decisive break down at close of these levels implies a
100% retracement back to the 1.6800 level.  The bullish of the Dmark is,
in fact, triggered by the upside breakout of the Mark/Yen cross.  The
current dollar correction is the 4th wave of a larger degree.  IOWs,
after the completion of the current corrective wave 4, the dollar will
head for its final 5th wave up in the intermediate time frame.  Well,
that's my view of the greenbag.  Hope this helps.  Take care.

Have a good one
Jeff Harteam
Hong Kong<x-html><!DOCTYPE HTML PUBLIC "-//IETF//DTD HTML//EN">

<html>

<head>
<title>HTML document for the World Wide Web</title>
<meta name="GENERATOR" content="MetaStock 6.0">
</head>

<body>
<h2 align=center>8004USDDMK<br>
(8004) </h2>
<p align=center><img src="usddmk.jpg" align=bottom> </p>
<h3 align=center>Data for 09/24/97 </h3>
<div align=center><center>
<table border=1 ALIGN="CENTER">
<tr><td><table ALIGN="CENTER">
<tr><td><font FACE="Arial"><font color="#000000">Exp Trend</font></font></td><td><font FACE="Arial"><font color="#000000">N/A</font></font> </td></tr><tr><td><font FACE="Arial"><font color="#000000">8004</font></font></td><td><font FACE="Arial"><font color="#000000">IndicatorName</font></font> </td></tr><tr><td><font FACE="Arial"><font color="#000000">Open</font></font></td><td><font FACE="Arial"><font color="#000000">1.793500</font></font> </td></tr><tr><td><font FACE="Arial"><font color="#000000">High</font></font></td><td><font FACE="Arial"><font color="#000000">1.795500</font></font> </td></tr><tr><td><font FACE="Arial"><font color="#000000">Low</font></font></td><td><font FACE="Arial"><font color="#000000">1.769700</font></font> </td></tr><tr><td><font FACE="Arial"><font color="#000000">Close</font></font></td><td><font FACE="Arial"><font color="#000000">1.771100</font></font> </td></tr><tr><td><font FACE="Arial"><font color="#000000">Volume</font></font></td><td><font FACE="Arial"><font color="#000000">0</font></font> </td></tr><tr><td><font FACE="Arial"><font color="#000000">Open Int.</font></font></td><td><font FACE="Arial"><font color="#000000">0</font></font> </td></tr><tr><td><font FACE="Arial"><font color="#000000">Price Chg.</font></font></td><td><font FACE="Arial"><font color="#000000">-0.0229</font></font> </td></tr><tr><td><font FACE="Arial"><font color="#000000">RSI</font></font></td><td><font FACE="Arial"><font color="#000000">39.4936</font></font> </td></tr>
</table>
</td></tr>
</table>
</center></div>
</body>

</html>
</x-html>From ???@??? Wed Sep 24 15:40:33 1997
Received: from smtp3.nwnexus.com (smtp3.nwnexus.com [206.63.63.41])
	by mail1.halcyon.com (8.8.5/8.8.5) with ESMTP id PAA11132
	for <neal@xxxxxxxxxxxxxxxx>; Wed, 24 Sep 1997 15:28:11 -0700 (PDT)
Received: from list.listserver.com (root@xxxxxxxxxxxxxxxxxxx [198.68.191.15])
	by smtp3.nwnexus.com (8.8.5/8.8.5) with ESMTP id PAA14413
	for <neal@xxxxxxxxxxx>; Wed, 24 Sep 1997 15:28:10 -0700 (PDT)
Received: from host (localhost [127.0.0.1])
	by list.listserver.com (8.8.5/8.8.5) with SMTP id PAA10274;
	Wed, 24 Sep 1997 15:26:41 -0700
Received: from out2.ibm.net (out2.ibm.net [165.87.194.229])
	by list.listserver.com (8.8.5/8.8.5) with ESMTP id PAA10194
	for <REALTRADERS@xxxxxxxxxxxxxx>; Wed, 24 Sep 1997 15:25:48 -0700
Received: from jnp (slip202-135-84-230.ma.ph.ibm.net [202.135.84.230]) by out2.ibm.net (8.8.5/8.6.9) with SMTP id WAA57936 for <REALTRADERS@xxxxxxxxxxxxxx>; Wed, 24 Sep 1997 22:26:55 GMT
Message-Id: <3.0.1.32.19970925062551.009d15f0@xxxxxxxxxxxx>
Date: Thu, 25 Sep 1997 06:25:51
Reply-To: visavis@xxxxxxx
Sender: owner-realtraders@xxxxxxxxxxxxxx
From: Visavis <visavis@xxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: GEN: Data provider for e mini
Mime-Version: 1.0
Content-Type: text/plain; charset="us-ascii"
X-To: REALTRADERS@xxxxxxxxxxxxxx
X-Sender: visavis@xxxxxxxxxxxx
X-Mailer: Windows Eudora Light Version 3.0.1 (32)
X-Listprocessor-Version: 8.1 -- ListProcessor(tm) by CREN
Status:   

Hi Traders,

I am currently subscribe to Prophet Data for their daily EOD data update
but however they don't had the new E Mini S&P.  Does anyone knows where I
can subscribe for this E Mini S&P and also anticipating for the new
upcoming CBOT DOW?

Thanks!

Visavis