User Name: Password:      Register - Lost password?

2003  2004  2005  2006  2007  2008  2009  2010  2011  2012  2013  2014  2015  2016  2017  
January  February  
01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24

Forex Forum Archive for 02/24/2017

Pick a date from the header above to view forum postings for that day.
Click here to join the Live Forex Forum.


dc CB 21:46 GMT February 24, 2017
Post Obama and about time

Paris ib 18:48 GMT
I didn't use to like Tucker Carlson but I have changed my mind.

you have no idea, luckily you live in Paree where they (reportably) understand the sexuality.

NYC - via Mayor Bill de Blasio - "You may be one of 31 recognized genders"

Another reason why Donald Trump got elected as well as the number of his detractors.

Lionel spells it out

GVI Forex Blog 21:23 GMT February 24, 2017
Fed Minutes Never Fail To Move The Markets
Reply   

John M. Bland, MBA


FOMC Minutes Impact Markets But Send No Clear Signals The Fed releases the Minutes of each policy board meeting three weeks following each decision. One would think that after its policy statement, and quarterly, a press conference, that they would say nothing new. However, Fed Chair Yellen reserves the right to include additional topics discussed at the meeting that had not otherwise been released. This means that the Fed has the ability to tweak the Minutes and bring up-to-date by including additional items and thus to "shape" the message sent to the markets.

Markets had a little indigestion trying to digest the latest Minutes this week...

Fed Minutes Never Fail To Move The Markets

dc CB 21:02 GMT February 24, 2017
Commitment Of Traders Report for 24 February 2017

Uff Da
Elon Musk? Driverless Electric Uber cars? Hybrids? Our duty as Liberals to save gas?

Sell sell sell forward

Livingston nh 20:55 GMT February 24, 2017
Commitment Of Traders Report for 24 February 2017

Who will save the oil bulls?

Livingston nh 20:52 GMT February 24, 2017
Friday Trading Ideas

CB - simple way to test the "market" is to disavow the no sales of Treasurys // all of this awaits the Trump Fed

GVI Trading john bland 20:50 GMT February 24, 2017
Commitment Of Traders Report for 24 February 2017
Reply   

Commitment of Trader Report Charts Trader Positions: EUR, JPY, CHF, GBP


Net EUR JPY COT Positions



Click on chart for EUR COT Details






Click on chart forJPY COT Details



X+++++
Net GBP and CHF COT Positions





Click on chart for COT Details







Click on chart for COT Details




Net AUD and CAD COT Positions





Click on chart for COT Details







Click on chart for COT Details




G+++++

Commitment of Trader Report Charts Trader Positions: CAD, AUD, Gold, Oil


Net Crude, Gold, S&P and 10-yr Positions







Click on chart for COT Details










Click on chart for COT Details










Click on chart for COT Details










Click on chart for COT Details




dc CB 20:50 GMT February 24, 2017
Friday Trading Ideas

Dear Justin Trudeau

CD

Livingston nh 20:49 GMT February 24, 2017
Friday Trading Ideas

I said Bulls die by the Fed -- this BULL may require a skilled Matador -- just keeps rolling along

dc CB 20:46 GMT February 24, 2017
Friday Trading Ideas

dc CB 19:21 GMT
be interested to see this weeks COT in the 5 and the 10 (as of Tues 21st)

5Y still looking mighty short
http://snalaska.com/cot/current/charts/FV.png

10 too.
http://snalaska.com/cot/current/charts/TY.png

recipe for a massacree

Livingston nh 20:46 GMT February 24, 2017
Friday Trading Ideas

JP - "COLD TURKEY" time -- clear out the weaklings

dc CB 20:32 GMT February 24, 2017
Friday Trading Ideas

“Blue Horseshoe Loves Anacott Steel”

dc CB 20:30 GMT February 24, 2017
Friday Trading Ideas



dc CB 19:55 GMT
As a corollary: something to shudder your bones - tin foil hats on please
LOLOLOLOLOLOLOLLOLOLOL


Around noon today, retail stocks jumped after Axios reported that Trump's econ advisor Gary Cohn was opposing a House version of the Border Adjustment Tax, giving hope to retailers who were battered following yesterday's Reuters interview in which Trump said that he supports "some form" of border tax.

The result, as we observed earlier, was a mirror image of yesterday's retail selloff, "as now the market no longer has to fear Trump's tweets, but his staggering position reversals, now coming inside the span of a day."



White House Denies Axios' Report Which Denied Reuters Report About Trump's Border Tax

GVI Forex Blog 20:23 GMT February 24, 2017
Chart Points: Free Forex Database For 24 February 2017
Reply   

forex rate database image

Global-View Free FX Database. High-Low-Close data for more than a dozen currency pairs for over seventeen years of data in an Excel spreadsheet format

Chart Points: Free Forex Database For 24 February 2017

dc CB 20:12 GMT February 24, 2017
Post Obama and about time

You can't make this stuff up. What a sheitshow.
Hitler? Mussolini? pick your DICKtator. all they will talk about this weekend every hour on the hour.
___________________________________________________

CNN's political reporter Sara Murray has confirmed that CNN has been blocked from attending a White House press briefing this morning. Other reports note that The New York Times, LA Times, and Politico were also blocked. ABC, NBC, CBS, and FOX were allowed in but AP and Time have boycotted the event.

White House Bans CNN, NYT, Others From Participating In Media Briefing

GVI Forex Blog 20:00 GMT February 24, 2017
Risk-Off Trade Fuels A Run Into Fixed Income Markets. Forex Markets Are Mixed
Reply   

U.S. equity markets are ending broadly weaker in late Friday pre-weekend trading. European and Asian markets closed mostly lower earlier in the day. Fixed income yields closed lower. In forex trade, USD is ending mixed. The EUR is mixed on its crosses.

Table of Key Current Market Rates

Risk-Off Trade Fuels A Run Into Fixed Income Markets. Forex Markets Are Mixed

dc CB 19:55 GMT February 24, 2017
Friday Trading Ideas

because Yellen is a Figurehead Tool, who can be replaced one way or another, who works for the TBTF Banks that Own the FED. Those banks are way way way way overleveraged and if interest rates ever returned to normal(?), like where the average Joe could get a return on their capital, they would Blow Up.

As a corollary: something to shudder your bones - tin foil hats on please

With all the players on the Trump Team being from Goldman, they are in the catbird seat and have to power to decimate any rival and have the potential to displace Jamie Dimon and JPM as the Top Dog - Presidents Banker. They make the policy, they hold the winning side of the washout.

Cheers

Mtl JP 19:51 GMT February 24, 2017
Friday Trading Ideas

the fin market is in other words to "fragile" very temper tantrum-ish, weaning off free n accessible money has never been an easy thing. someone has made that very clear to janet.

Mtl JP 19:46 GMT February 24, 2017
Friday Trading Ideas

nh exactly beause the market is "fragile" (market is not economy)

Livingston nh 19:41 GMT February 24, 2017
Friday Trading Ideas

There are over 61.5 bio in Treasury securities rolling off in the next 3 months -- Yellen will reinvest these proceeds // WHY 10 years after the crisis of competence are we still screwing around with the "fragile markets"?

dc CB 19:33 GMT February 24, 2017
Post Obama and about time



It's not Post Obama. There are plenty of Obamaites entrenched and doing their best to screw things up. The entire Press Corps is still Major AntiTrump.
__________________________________________________

the latest leak, while not terribly damaging to the Trump administration, certainly wins the award for "Most Ironic."

Earlier this week on February 20th, the State Department's acting legal adviser, Richard Visek, prepared a four-page memo for Secretary of State Rex Tillerson, entitled “SBU: Protecting Privileged Information”, which warned of the dangers of leaking by State Department employees. Ironically, that memo was promptly leaked to Josh Rogin of the Washington Post who subsequently penned an article bragging about his latest intelligence breach.

State Department Writes Anti-Leak Memo... Which Quickly Leaks To The Washington Post

dc CB 19:21 GMT February 24, 2017
Friday Trading Ideas

What happened to the 2.50% 10-yr??

in the famous words: "I'll be back"

be interested to see this weeks COT in the 5 and the 10 (as of Tues 21st)

http://snalaska.com/cot/current/charts/FV.png

http://snalaska.com/cot/current/charts/TY.png

Livingston nh 19:20 GMT February 24, 2017
Friday Trading Ideas

John - there is no real yield available -- Fed keeps Treasurys off the market // SF Pres Williams was on again this week about the R* -- theorists vs reality // Yellen still on about the wonderful IOER

They need to get outta the way

GVI Trading john bland 19:11 GMT February 24, 2017
Friday Trading Ideas

These interest rate markets do not have the feel of fast growing economies. What happened to the 2.50% 10-yr??






Paris ib 18:48 GMT February 24, 2017
Post Obama and about time
Reply   
I didn't use to like Tucker Carlson but I have changed my mind.

Carlson cleans up

Paris ib 18:38 GMT February 24, 2017
Le Pen's newest challenger

CB - good grief the last thing Europe needs is another smiley face with a globalist agenda. Obama is all yours. :-)

GVI Trading john bland 18:18 GMT February 24, 2017
Breaking News

Oil rigs continue to rise. U.S. oil rigs are up 202 yr/yr.

GVI Trading john bland 18:16 GMT February 24, 2017
Breaking News

Baker Hughes Rig Count



NEWS ALERT
U.S.
Total: 754 vs. 751 (+3) prev.
Oil: 602 vs. 597 (+5)

Canada:
Total 341 vs. 331 (+10)


TTN: Live News Special Offer

HK RF@ 17:44 GMT February 24, 2017
If you plan to live long enough, you will see Y/$ at around 70.
Reply   



Chart attached

dc CB 17:36 GMT February 24, 2017
Le Pen's newest challenger

a group of frightened liberal protesters have decided to back a relatively surprising, if impossible, presidential candidate in 2017

visit their website to sign a petition to convince Obama to enter the race. They figure that 1 million signatures should do the trick.

French Voters Call On Obama To Run For President To "Give French People Hope"

dc CB 17:28 GMT February 24, 2017
Le Pen's newest challenger
Reply   


ib
seen any of these around.
Guess that Obama can't stand retirement. LOL

Le Pen SURGES to lead in latest poll as voters serve 'a slap in the face' to establishment
http://www.express.co.uk/news/world/771632/Front-National-Marine-Le-Pen-polls-France-election

Why Obama? "Because he has the best resume in the world for the job,"

dc CB 17:22 GMT February 24, 2017
Friday Trading Ideas

large short positions in the rolling over March Treas futures contracts. As it moves into delivery period ...if you are short you sold you must deliver the actual.

Paris ib 17:12 GMT February 24, 2017
Ides of March Meeting

Beware the Ides of March. Somehow I think the FOMC has not good choices on March 15. Do nothing: spook the market. Do something: spook the market.

Can't see what the good choice would be here.

Limbo land for the most part till then.

Mtl JP 17:04 GMT February 24, 2017
Friday Trading Ideas

as the FED gang is toying w/players players r toying w/ the FED gang

GVI Trading john bland 17:01 GMT February 24, 2017
Friday Trading Ideas

2.322% not much better

GVI Trading john bland 17:01 GMT February 24, 2017
Friday Trading Ideas

2.322% not much better

GVI Trading john bland 17:00 GMT February 24, 2017
Friday Trading Ideas

U.S. 10-yr down to 2.317% -6.9 bp into European close.

What happened to 2.50%. Is the U.S. growing or not? Is this going to spook the Fed again? Lots of questions.

Note 10-yr bund yield only 0.182% -5.1bp.

GVI Trading john bland 16:53 GMT February 24, 2017
Risk-Off at European Close. Bond Yields Falling
Reply   

Table of Key Current Market Rates

Mtl JP 16:45 GMT February 24, 2017
DAX30

nh ... if u trade on a longer than 5 min chart, then patience brother: janet and her FED gang want to raise but the gang is having initial birthing pains getting players to oe around to their idea without giving a hissing p!ss on the gang's parade.
with usual risk caveats: load up / BoD some USDX and let it mature like a bottle of wine

Livingston nh 16:05 GMT February 24, 2017
DAX30

As Europe moves into the close see if a bounce or lower lows - US STOX may follow as Treasurys follow Europe yields

Treasurys are not showing any sign of a rate hike

Belgrade Knez 15:34 GMT February 24, 2017
Breaking News


london red

thank you for your view.

dc CB 15:31 GMT February 24, 2017
Breaking News

FYI
Trump live a CPAC

CPAC

london red 15:31 GMT February 24, 2017
Breaking News

cable shud be bid by 124 for a while yet. only below there does it get bearish. while the upside is done for today i think they will come in by 12475/85 if seen.

Belgrade Knez 15:26 GMT February 24, 2017
Breaking News


london red thank you.

any recommendation on cable at this time please?

Mirdiff Mike 15:26 GMT February 24, 2017
Gold
Reply   
Currently gold/usd trading at 1255.XX where do we see this pair heading to.

GVI Forex Blog 15:22 GMT February 24, 2017
GVI Data Calendar for 27 February 2017
Reply   

Forex Data Calendar For Traders

February 24, 2017 (global-view.com) UPCOMING DATA HIGHLIGHTS Monday, February 27, 2017.

  • Far East: No Major Data
  • Europe: No Major Data
  • North America: US- Durable Goods, Pending Homes Sales

WEEKLY Forex Economic Calendar:
27 Feb Mon
13:30 US- Durable Goods
28 Feb Tues
07:00 DE- Retail Sales
10:00 EZ- flash HICP
13:30 US- GDP
15:00 US- CB Consumer Confidence
15:30 US- EIA Crude
1 Mar Wed
All Day- final Mfg PMIs
08:55 DE- Jobless
13:30 US- PCE Deflator
15:00 CA- Bank of Canada Decision
15:30 US- EIA Crude
19:00 US- Beige Book
2 Mar Thu
13:30 US- Weekly Jobless
23:30 JP- CPI
3 Mar Fri
All-Day SVC PMIs

GVI Data Calendar for 27 February 2017

GVI Forex Blog 15:15 GMT February 24, 2017
BREAKING NEWS: U.S. New Homes Sales For January 2017 Still Depressded
Reply   

New Homes Sales. Better than forecast. Prior data flat. Still depressed.

BREAKING NEWS: U.S. New Homes Sales For January 2017 Still Depressded

london red 15:15 GMT February 24, 2017
Breaking News

briefly, its a benchmark for transactions so its going to get manipulated at the best of times hence often you get swings before and after. often you see stuff bought/sold into the fix, sometimes an hour or so and all of this just drops off after the fixing passes. usd sales are said to feature today (todays roll is 28th feb) but as i say a whole lot of ero bond redemption sales pulling other way. personally id use a blip in euro to 90/92 to get short and see what comes of 58/60 test.

GVI Forex Blog 15:11 GMT February 24, 2017
BREAKING NEWS: U.S. University of Michigan Survey Final January 2017 Beats
Reply   

University of Michigan Sentiment Survey. Final data revised higher after soft preliminary report.

University of Michigan Survey Chart

BREAKING NEWS: U.S. University of Michigan Survey Final January 2017 Beats

Belgrade Knez 15:07 GMT February 24, 2017
Breaking News


london red

thank you for your answer.

can you please explain does or how london fix affect currency market please?

thank you.


GVI Trading john bland 15:04 GMT February 24, 2017
Breaking News

U of M revision beats estimates

london red 15:04 GMT February 24, 2017
Breaking News

lrg options often act as magnets...
afterwards price action can be freer. euro 90/92 58/60 initial sup/res, we break free outside of that

GVI Trading john bland 15:02 GMT February 24, 2017
Breaking News

New Homes sales up, but miss estimates

GVI Trading john bland 15:01 GMT February 24, 2017
Breaking News

U.S. New Home Sales January 2017



ALERT
555K vs. 575K exp. vs. 536K (r 535K) prev.


New Residential Sales


TTN: Live News Special Offer

GVI Trading john bland 15:00 GMT February 24, 2017
Breaking News

University of Michigan Sentiment Index Final February 2017

U.S. Data Charts




ALERT
96.3 vs. 95.0 exp. vs. 95.7 preliminary

RELEASE: Index of Consumer Sentiment


TTN: Live News Special Offer

Belgrade Knez 14:52 GMT February 24, 2017
Breaking News


london red

"options cut coming up lrg cable 125"
does that mean another possible run down after option expiry, please?

thank you

london red 14:46 GMT February 24, 2017
Breaking News

euro stops under cloud 58/60, if goes nobody will want to stand in front on a fri afta. options cut coming up lrg cable 125. on fix said to be usd sales but euro redemptions also figuring until mid wk nxt week. double fig billions. so horses for courses.

SaaR KaL 13:53 GMT February 24, 2017
Longs
Reply   
AUDJPY Longs with dips until 85.90
Seems that wants 89 area

Buying NDX with dips as well

AUDNZD near 1.0620

GVI Forex Blog 13:38 GMT February 24, 2017
BREAKING NEWS: Canada CPI Much Higher Than Expected In January 2017
Reply   

Canada: CPI Major Miss (much higher) in January 2017

BREAKING NEWS: Canada CPI Much Higher Than Expected In January 2017

GVI Trading john bland 13:32 GMT February 24, 2017
Breaking News

Huge Miss on Canadian headline CPI. Much higher than expected.

GVI Trading john bland 13:31 GMT February 24, 2017
Breaking News

Canada: CPI January 2017

Canada Charts





NEWS ALERT
Bank of Canada Medium Trimmed Core
yy: vs. +1.70% exp. vs. +1.60% prev.
Headline
mm: +0.9% vs. +0.30% exp. vs. -0.20% prev.
yy: +2.1% vs. +1.60% exp. vs. +1.50% prev.



TTN: Live News Special Offer

Israel Dil 12:48 GMT February 24, 2017
Amazing Trader Early EURUSD Ideas for 24 February 2017

as soon new daily low prints, move the stop to risk free 10610 or take some off the table... turn off the PC after that ;-)

have a peaceful weekend

Israel Dil 12:36 GMT February 24, 2017
Amazing Trader Early EURUSD Ideas for 24 February 2017

Sell EURUSD
Entry: 1.06++ Target: LOWER !!! Stop: 1.0640

gl/gt

JEddah Abb 12:31 GMT February 24, 2017
Any idea of Lahore Fmhi

Ok Jay i will send now thanks.

GVI Trading Jay Meisler 12:27 GMT February 24, 2017
Any idea of Lahore Fmhi

Jeddah, so email us again as I do not remember receiving it.

Israel Dil 12:24 GMT February 24, 2017
Gold short

at this point I see gold trading around $1.5k during 2017 as given... MAR/2017 to be the lowest possible buy point for long time, forever is not a term in my lexicon, so ;-)

JEddah Abb 12:23 GMT February 24, 2017
Any idea of Lahore Fmhi

I sent 10 days ago e mail to Gv requesting the email of Fm but no answer from Gv.

Israel Dil 12:14 GMT February 24, 2017
Any idea of Lahore Fmhi

I remember Lahore FM, he was affected in first hand by the lunatic terror, I am certain he took the eight steps to protect himself and family from the aspects of 'meltdown cycle'. remember, gold as financial transactions method I'd about to be back sooner we all can imagine at this point.

Salalah Ali 12:08 GMT February 24, 2017
Any idea of Lahore Fmhi
Reply   
Hi Dil
If your remember there was one person Lahore Fm
He is not active from long time any idea where he has bin
He was also on of the oldest member of this forum
Regards

Salalah Ali 12:04 GMT February 24, 2017
Gold short
Reply   
Hi Dil
But I am in short from 125o and 1255 stop 174

Israel Dil 11:58 GMT February 24, 2017
DAX30

Trump made false promises and going ahead with the belief that he us capable to make false promises true.

eternal life will be a reality before Trump (and his lunatic circles) will manage to make Chinese to finance his promises to the unaware brought him to power.

I think it's very near the 'meltdown cycle' starts. China is about to turn off the life support machine they connected the USA to...

Paris ib 11:57 GMT February 24, 2017
The Debt Ceiling

Stockman was right.

hk ab 11:48 GMT February 24, 2017
DAX30

Hi Dil,

If it's a true melt-down, I think the avalanche point to begin with might be around 1350........JIMVHO.

GVI Trading john bland 11:04 GMT February 24, 2017
Friday Trading Ideas

Risk Off
DAX -111
DJ -50
SP -6

10-yr 2.372% -1.4bp

Israel Dil 11:03 GMT February 24, 2017
DAX30
Reply   
close sub 11.7K and global financial meltdown cycle is official

Israel Dil 10:56 GMT February 24, 2017
Amazing Trader Early EURUSD Ideas for 24 February 2017

Sell EURUSD
Entry: Target: 1.03/0.98 Stop: 1.0640-1.0660

chaotic two weeks ahead ;-)

GVI Forex Blog 10:42 GMT February 24, 2017
Amazing Trader Early EURUSD Ideas for 24 February 2017
Reply   

Register for the Amazing Trader

1.

Amazing Trader EURUSD charts updated to your systems

Amazing Trader Early EURUSD Ideas for 24 February 2017

Israel Dil 10:20 GMT February 24, 2017
Gold toward

Sell Gold
Entry: 1255-1270 Target: 1198 Stop: 1277

Ali

buy buy buy if you can afford holding for 12+ months cycles... so in short, March going to represent the lowest point from now to 2020...


FWIW

Paris ib 10:11 GMT February 24, 2017
No Rate Hike, Government Shut Down, Weaker USD

Thanks red for that. Bit quiet at the moment. Maybe when the U.S. opens we get a bit of action. Trigger those stops? gl gt

Belgrade Knez 09:47 GMT February 24, 2017
No Rate Hike, Government Shut Down, Weaker USD


london red

thank you.

all I am looking for today is EURGBP up to 0.8480/90, and GBPUSD down to 1.2450 area

london red 09:44 GMT February 24, 2017
No Rate Hike, Government Shut Down, Weaker USD

would need to get under some gd sup by 2475/85 first. u r going to see cable supported off eurgbp cross given dutch and french election risk. once out of way think u can go long eurgbp for a couple of months at least but for now political risk will cap any gains.

GVI Forex Blog 09:35 GMT February 24, 2017
Forex Trading Ideas For Friday 24 February 2017
Reply   


Trading Ideas for 24 Feb 2017

WEEKLY Forex Economic Calendar:
24 Feb Fri
13:30 CA- CPI
15:00 US- New Homes Sales
15:00 US- final Univ of Mich Survey

13 Feb Mon
No Major Data
27 Feb Mon
13:30 US- Durable Goods
28 Feb Tues
07:00 DE- Retail Sales
10:00 EZ- flash HICP
13:30 US- GDP
15:00 US- CB Consumer Confidence
15:30 US- EIA Crude
1 Mar Wed
All Day- final Mfg PMIs
08:55 DE- Jobless
13:30 US- PCE Deflator
15:00 CA- Bank of Canada Decision
15:30 US- EIA Crude
19:00 US- Beige Book
2 Mar Thu
13:30 US- Weekly Jobless
23:30 JP- CPI
3 Mar Fri
All-Day SVC PMIs

Forex Trading Outlook

  • Markets are heading into the weekend with a risk-off posture. Worries about European elections over the next several weeks appear to be fading for the moment. On the other hand, all the hysteria about the Trump Presidency has begun to abate. The new administration is starting to learn that the U.S. political system with its checcks and balances is designed constitutionally to be slow to change.

  • Some have been pushing the date for a Fed rate hike back to May. I don't see much of asentiment shift in Fed Funds futures. I still feel the Fed hikes in March barring a significantly weaker than expected February jobs report on March 10. The FOMC Minutes left open the door to the RISK of a Rate hike as early as the March 15 FOMC ("fairly soon"). No clear signal was sent. The Fed would like to embark on a policy "normalization". Some have trouble believing they have the courage to go through with a rate hike. For Yellen to build market credibility, she should hike rates soon. Fed Funds futures odds for a March Fed rate hike are only 38% (34%), suggesting they are skeptical. Markets now place the odds for rate hikes by June at 112% (116%).

  • On top of the Fed muddle, investors have begun to worry about the risk from key leadership elections in Europe over the rest of the year. Many worry about the possibility of a swing to right as has been seen in the U.K. (Brexit) and U.S. (Trump). Such could be a challenge to the status quo in the EU.

  • John M. Bland, MBA
    co-founder Global-View.com


    Risf-Off Early in Equities Early Friday. Bond Yields Broadly Lower on 24 Feb 2017

    Forex Trading Ideas For Friday 24 February 2017

Belgrade Knez 09:31 GMT February 24, 2017
No Rate Hike, Government Shut Down, Weaker USD


london red

under which level you would say GBPUSD will go down to 1.2450 please?

thank you.

london red 09:21 GMT February 24, 2017
No Rate Hike, Government Shut Down, Weaker USD

stops are over 10620/35. sup 10558/60, close below bearish. cable res 12580 stops abv. yen 11130/60 if seen shud offer a bounce.

GVI Forex Blog 09:13 GMT February 24, 2017
Risk-Off Early in Equities Early Friday. Bond Yields Broadly Lower on 24 Feb 2017
Reply   

Far East equity markets ending mostly lower. European bourses are weaker. The early call by U.S. equity futures is for lower. In fixed income, yields are broadly loer at this hour on weak stocks. In forex, the USD is up a touch. The EUR is lower on most of its major crosses.

Table of Key Current Market Rates

Risk-Off Early in Equities Early Friday. Bond Yields Broadly Lower on 24 Feb 2017

Paris ib 08:23 GMT February 24, 2017
No Rate Hike, Government Shut Down, Weaker USD

So where are those stops above 1.0600??

Singapore 08:22 GMT February 24, 2017
USD/CAD FOREX TRADING TIPS FOR DAY TRADING
Reply   
Having posted a session high near 1.3120 region, the USD/CAD pair ran through some fresh offers and has now drifted into negative territory for the second consecutive day.

Currently trading back below 1.3100 handle, around 1.3085 region, a fresh wave of US Dollar selling pressure during early European session dragged the pair back closer to previous session's sharp reversal swing lows.

Current exchange rate of USD/CAD pair is 1.3087.

Our Latest Recommendation:
It is recommended to SELL.

Stay updates with Forex Trading Tips, Forex Signals, and Forex Tips to gain profit.

Forex Trading Tips

Paris ib 07:16 GMT February 24, 2017
The Reserve Bank would like a lower AUD
Reply   
"Although Australia's present exchange rate of 77 US cents to the dollar was not necessarily overvalued, Dr Lowe "would like it to be lower, if I had the choice"." Philip Lowe RBA

But they can't cut rates because of the bubble in Australian house prices and the huge level of household debt in Australia. That bubble has run and run, unlike almost every other real estate bubble in the world. How will it end? No idea at this point. Funny old world.

The RBA... stuck on rates

Haifa ac 05:03 GMT February 24, 2017
Bitcoin at all time high

now $1220.
Bubble, or real threat?!

Dillon AL 01:12 GMT February 24, 2017
Gold toward

into an option strike of 1350 should read 1250 option strike

Dillon AL 01:11 GMT February 24, 2017
Gold toward

GC Monthly from the Low in Dec 2015 to the hi in July 2016 rallied 329 dollars. The subsequent drop to Dec 2016 was a 76% retracement (Fib)
The Current Rally has been a 50% retracement into an option strike of 1350. If it were to go 76% then you would be looking at 1316 (which would additionally equate roughly to an AB=CD move) but any failure back below 1232 especially into the last trading day of the month in which case look for 1135. Long Term GC is coiling out some form of 4th bear market wave that could reach as high as 1700 with an eventual down side tgts fo 975 and 749. These latter levels would be super long term buys likely for the eventual targets originally spoken about by The Aden Sisters back in 1980.
Note if I am right about the levels then current level is roughly a mid point and nothing to get excited about

 




Elevate Your Trading With The Amazing Trader!

The Amazing Trader includes:
  • Actionable trading levels delivered to YOUR charts in real-time.
  • Live trading strategy sessions.
  • Market Updates with Trading Tools.
Sign Up now for a free Trial now using the form below:


First Name:

Last Name:

Email:         

                   

Amazing Trader




Trading Ideas for 24 Feb 2017

WEEKLY Forex Economic Calendar:
24 Feb Fri
13:30 CA- CPI
15:00 US- New Homes Sales
15:00 US- final Univ of Mich Survey

13 Feb Mon
No Major Data
27 Feb Mon
13:30 US- Durable Goods
28 Feb Tues
07:00 DE- Retail Sales
10:00 EZ- flash HICP
13:30 US- GDP
15:00 US- CB Consumer Confidence
15:30 US- EIA Crude
1 Mar Wed
All Day- final Mfg PMIs
08:55 DE- Jobless
13:30 US- PCE Deflator
15:00 CA- Bank of Canada Decision
15:30 US- EIA Crude
19:00 US- Beige Book
2 Mar Thu
13:30 US- Weekly Jobless
23:30 JP- CPI
3 Mar Fri
All-Day SVC PMIs

Forex Trading Outlook

  • Markets are heading into the weekend with a risk-off posture. Worries about European elections over the next several weeks appear to be fading for the moment. On the other hand, all the hysteria about the Trump Presidency has begun to abate. The new administration is starting to learn that the U.S. political system with its checcks and balances is designed constitutionally to be slow to change.

  • Some have been pushing the date for a Fed rate hike back to May. I don't see much of asentiment shift in Fed Funds futures. I still feel the Fed hikes in March barring a significantly weaker than expected February jobs report on March 10. The FOMC Minutes left open the door to the RISK of a Rate hike as early as the March 15 FOMC ("fairly soon"). No clear signal was sent. The Fed would like to embark on a policy "normalization". Some have trouble believing they have the courage to go through with a rate hike. For Yellen to build market credibility, she should hike rates soon. Fed Funds futures odds for a March Fed rate hike are only 38% (34%), suggesting they are skeptical. Markets now place the odds for rate hikes by June at 112% (116%).

  • On top of the Fed muddle, investors have begun to worry about the risk from key leadership elections in Europe over the rest of the year. Many worry about the possibility of a swing to right as has been seen in the U.K. (Brexit) and U.S. (Trump). Such could be a challenge to the status quo in the EU.

  • John M. Bland, MBA
    co-founder Global-View.com


    Risf-Off Early in Equities Early Friday. Bond Yields Broadly Lower on 24 Feb 2017

    EXCLUSIVE: Global-View Daily Trading Chart Points Updated

    EXCLUSIVE: Global-View Free Forex Database updated




    TRADER ADVOCACY ARTICLES

    Bank Of China Actions To Stabilize the Yuan Weigh on the USD

    Diary of My Forex Day

    More..


Retail Forex Brokerage Changing!

Are you looking for your first broker or do you need of a new one? There are more critical things to consider than you might have thought.

We were trading long before there were online brokers. Global-View has been directly involved with the industry since its infancy. We've seen everything and are up-to-data with recent regulatory changes.

Our Best Brokers listing section includes:Forex Broker Reviews, Forex Broker Directory, Forex Broker Comparisons and advice on How to Choose a Forex Broker

If would like guidance, advice, or have any concerns at all ASK US. We are here to help you.

SEE Our Best Brokers List

Currency Trading Tools

  • Live rates, currency news, fx charts. 

  • Research reports and currency forecasts.

  • Foreign Exchange database and history.

  • Weekly economic calendar.

Directory of  Forex trading tools

 
Terms of Use    Disclaimer    Privacy Policy    Contact    Site Map


Forex Forum
Forex Trading Forum
Forex Forum + forex rates
Forex Forum Archives
Forex Forum RSS
Free Registration

Trading Forums
Currency Forum Guide
Forum Directory
Open Forum
Futures Forum
Political Forum
Forex Brokers
Compare Forex Brokers
Forex Broker News
Forex Broker Hotline

Online Forex Trading
Forex Trading Tools
Currency Trading Tools
Forex Database
FX Chart Points
Risk/Carry Trade Chart Points
Economic Calendar
Quicklinks to Economic Data
Currency Futures Swaps
Fibonacci Calculator
Currency Futures Calculator

Forex Education
Forex Learning Center
FX Trading Basics Course
Forex Trading Course
Forex Trading Handbook

Forex Analysis
Forex Forecasts
Interest Rate Forecasts
Central Bank Forecasts

FX Charts and Quotes
Live FX Rates
Live Global Market Quotes
Live Forex Charts
US Dollar Index Chart
Global Chart Gallery
Daily Market Tracker
Forex News
Forex Blog
Forex News
Forex Blog Archives
Forex News RSS
Forex Services
Forex Products
GVI Forex
Free Trials
FX Bookstore
FX Jobs and Careers
Jobs USA
Jobs UK
Jobs Canada

Forex Forum

The Global-View Forex Forum is the hub for currency trading on the web. Founded in 1996, it was the original forex forum and is still the place where forex traders around the globe come 24/7 looking for currency trading ideas, breaking forex news, fx trading rumors, fx flows and more. This is where you can find a full suite of forex trading tools, including a complete fx database, forex chart points, live currency rates, and live fx charts. In addition, there is a forex brokers directory where you can compare forex brokers. There is also a forex brokers hotline where you can ask for help choosing a forex broker that meets your individual fx trading needs. Interact on the same venue to discuss forex trading.

Forex News

The forex forum is where traders come to discuss the forex market. It is one of the few places where forex traders of all levels of experience, from novice to professionals, interact on the same venue to discuss forex trading. There is also the GVI Forex, which is a private subscription service where professional and experienced currency traders meet in a private forex forum. it is like a virtual forex trading room. This is open to forex traders of all levels of experience to view but only experienced currency tradingprofessionals can post.

Currency Trading

Currency trading charts are updated daily using the forex trading ranges posted in the Global-View forex database. You will also find technical indicators on the fx trading charts, e.g. moving averages for currencies such as the EURUSD. This is another forex trading tool provided by Global-View.com.

Forex Brokers

The forex database can be used to access high, low, close daily forex ranges for key currency pairs, such as the EURUSD, USDJPY, USDCHF, GBPUSD, USDCAD, AUD, NZD and major crosses, including EURJPY, EURGBP, EURCHF, GBPJPY, GBPCHF and CHFJPY. Data for these currency trading pairs dating back to January 1, 1999 can be downloaded to an Excel spreadsheet.

Forex Trading

Forex chart points are in a currency trading table that includes; latest fx tradinghigh-low-close range, Bollinger Bands, Fibonacci retracement levels, daily forex pivot points support and resistance levels, average daily forex range, MACD for the different currency trading pairs. You can look on the forex forum for updates when one of the fx trading tools is updated.

FX Trading

Global-View also offers a full fx trading chart gallery that includes fx pairs, such as the EURUSD, commodities, stocks and bonds. In a fx trading world where markets are integrated, the chart gallery is a valuable trading tool. Look for updates on the Forex Forum when the chart gallery is updated.

Forex Blog

Global-View.com also offers a forex blog, where articles of interest for currency trading are posted throughout the day. The forex blog articles come from outside sources, including forex brokers research as well as from the professionals at Global-View.com. This forex blog includes the Daily Forex View, Market Chatter and technical forex blog updates. In additional to its real time forex forum, there are also Member Forums available for more in depth forex trading discussions.

 

WARNING: FOREIGN EXCHANGE TRADING AND INVESTMENT IN DERIVATIVES CAN BE VERY SPECULATIVE AND MAY RESULT IN LOSSES AS WELL AS PROFITS. FOREIGN EXCHANGE AND DERIVATIVES TRADING IS NOT SUITABLE FOR MANY MEMBERS OF THE PUBLIC AND ONLY RISK CAPITAL SHOULD BE APPLIED. THE WEBSITE DOES NOT TAKE INTO ACCOUNT SPECIAL INVESTMENT GOALS, THE FINANCIAL SITUATION OR SPECIFIC REQUIREMENTS OF INDIVIDUAL USERS. YOU SHOULD CAREFULLY CONSIDER YOUR FINANCIAL SITUATION AND CONSULT YOUR FINANCIAL ADVISORS AS TO THE SUITABILITY TO YOUR SITUATION PRIOR TO MAKING ANY INVESTMENT OR ENTERING INTO ANY TRANSACTIONS.

Copyright ©1996-2014 Global-View. All Rights Reserved.
Hosting and Development by Blue 105

?>