Mtl JP 23:23 GMT May 20, 2013
Jim Willie
dc CB 21:50 - having (and more importantly possessing) Gold is one of the essentials for waging war.
dc CB 21:57 GMT May 20, 2013
Amateur investors tap 401(k)s to buy homes
Reply
In order to get in on hot housing markets, amateur investors are buying up homes and taking risky measures -- like tapping their retirement accounts -- to fund the deals.
"We're seeing many people cash out 401(k)s or IRAs because they want to take advantage of the market," said Sean Galaris of financial services firm LM Funding, based in Tampa. "This new scenario involves people losing significant personal funds since they are financing real estate through retirement accounts, savings and life insurance."
"The decision to take money from your 401(k) is not for everyone,"
Cambridge Joe 21:56 GMT May 20, 2013
AUDNZD
Thanks red. It'll be interesting to see how it plays out.
BTW earlier usdmxn came withing 17 pips of triggering a major sell at the HOD today ! OK yes it's softer, but it hasn't tanked which was on the cards.
GL & Good night !
london red 21:47 GMT May 20, 2013
AUDNZD
Joe its guaranteed to do something soon, up or down, as rba releases minutes of last meeting in a few hours and later still inflation expectations from rbnz.
Cambridge Joe 21:29 GMT May 20, 2013
AUDNZD
red thank V much for the tech picture.
This scenario is time sensitive (ish) and really, I had expected 1990 to have been struck by now..... it hasn't so far, so that pushes back the time for a reaction. Missed the bus so as to speak.
It IS linear, just not a straight linear :-)
If it doesn't get cooking soon, I'd look more toward London open for a reaction.
Possibly an upmove in about 1 hour... but nothing on the scale I was looking for... GL
GVI Forex 21:27 GMT May 20, 2013
AUDNZD
AUD/NZD 1 day: Still correcting April-May’s large decline, and should reach 1.2130.
AUD/NZD 1-3 month: The trend decline to sub-1.1960 should resume once this corrective bounce is complete. Relative fundamentals (e.g. RBA easing to 2.0% vs RBNZ stuck at 2.5%) favour the NZD medium term.
Westpac Morning Report
GVI Forex Inner Circle 21:25 GMT May 20, 2013
Calendar
Reply
May 20, 2013 (global-view.com) UPCOMING DATA HIGHLIGHTS for Tuesday, May 21.
Updated: Trading Events Calendar
HIGH IMPACT RELEASES: GB- CPI/RPI.
london red 21:14 GMT May 20, 2013
AUDNZD
Audnzd has been building a base for good few days imo. Futures positioning and BoNZ rhehoric suggests a rebound is possible. Couple of decent tails on daily candles support view of base. I have a position just above 1.20 and will stop just under 200 month sma at 11940. If i am right i will want to scale in above 12125/50. Potential for a multi figure move as this pair has 9 weeks of losses so a spring back will be quite violent when it eventually occurs.
Cambridge Joe 20:54 GMT May 20, 2013
AUDNZD
Reply
1990 taken triggers a sequence of buying waves throughout the Asian session plus IMO. GL
GVI Forex Inner Circle 20:40 GMT May 20, 2013
UK CPI & RPI data awaited. JPY gains after comments
Reply
- HIGH
IMPACT ITEMS: GB- CPI & RPI
- Tuesday sees key UK CPI and RPI
data. U.K. inflation data is not seen as likely to impact policy in the
near term.
- Silver has fallen sharply. Some
call silver the high-beta gold trade. Some speculated that silver
positions were liquidated to cover losses on JPY positions The
USDJPY traded lower after the Japanese Economics Minister signaled
pleasure with the current value of the JPY. In other words, he was not
talking the JPY down. The Nikkei gained today 10-yr JGB yields
were
higher.
- A BOJ decision is due on
Wednesday. No change in policy is expected.
- The week ahead will see the
minutes from the latest Fed Meeting (May 1) and testimony by Chairman
Bernanke to the House. This testimony will give him ample opportunity
to signal to the markets what the current intentions of the central
bank may be.
- Thursday sees a number of flash
PMI reports U.K. data could also influence the GBP The critical
German IFO Survey is due on Friday.
20d
avg
|
10-yr
|
Equities
|
EURUSD
1.3019
|
JGB
0.85% +6bp
|
Asia:Higher
|
USDJPY
99.99
|
Bund
1.35% +3bp
|
Europe
Higher
|
EURJPY
130.17
|
U.S.1.97%
+2bp
|
U.S.:Mixed
|
dc CB 20:18 GMT May 20, 2013
Wells Dry, Fertile Plains Turn to Dust
Reply
Forty-nine years ago, Ashley Yost’s grandfather sank a well deep into a half-mile square of rich Kansas farmland. He struck an artery of water so prodigious that he could pump 1,600 gallons to the surface every minute. Last year, Mr. Yost was coaxing just 300 gallons........when the groundwater runs out, it is gone for good. Refilling the aquifer would require hundreds, if not thousands, of years of rains.
A shift to growing corn, a much thirstier crop than most, has only worsened matters. Driven by demand, speculation and a government mandate to produce biofuels, the price of corn has tripled since 2002, and Kansas farmers have responded by increasing the acreage of irrigated cornfields by nearly a fifth.
At an average 14 inches per acre in a growing season, a corn crop soaks up groundwater like a sponge
the High Plains Aquifer is giving out
GVI Forex Blog 20:14 GMT May 20, 2013
Reply
Event risk today: Today’s local highlight will be the RBA minutes (from 7 May meeting) which will be combed for clues to any follow-up rate cut. NZ has migration. There’s Fedspeak tonight from NY’s Dudley (dove and voter).
Forex - Westpac Morning Report
dc CB 20:03 GMT May 20, 2013
US oil
"farmers get all sorts of tax breaks and subsidies."
dosen't matter whose pocket it comes out of....it's the pocket it goes into.
GVI Forex Inner Circle 19:45 GMT May 20, 2013
Chart Points
Reply
UPDATED. Global-View Free FX Database. High-Low-Close
data for over a dozen currency pairs for well over a decade of data in Excel spreadsheet format.
london red 19:13 GMT May 20, 2013
cable
Reply
cable getting squeezed showing no sign of topping out, but will try to get short at around 1.53, just ahead of the 38.2 of run from 148x-156x. also channel is that region which may cause market to take a breather. may require stops above friday high to be taken before market pauses. stop will be above 10 day sma, looking for a head start before inflation data.
Mtl JP 18:26 GMT May 20, 2013
US oil
still Mtl JP.. some update of the browser I did overnite is playing gremlin with saving settings (and navigation between pages on the forum)
City JP 18:21 GMT May 20, 2013
US oil
unlike operators of diesel VW Golfs farmers get all sorts of tax breaks and subsidies.
City JP 18:17 GMT May 20, 2013
EURO - sell sell sell
adding to The Dutch run 250% household debt to income.
Dutch banks have 650 billion euros on outstanding mortgages.
Dutch real-estate prices continue to tank.
tic toc tik tok ABN to Cut 400 Jobs After First-Quarter Profit Drops 17%
love those "customers with increased risk awareness": "House prices have plunged by about 20 percent since 2008. They might not start to recover until 2014, according to ABN Amro estimates. Mortgage lending by Dutch banks is equivalent to about 90 percent of the country’s economy, double the average in the euro area, the central bank said in April.
ABN Amro had 153 billion euros in mortgage loans in the first quarter, with an average loan-to-value ratio of 82 percent. That was unchanged from year-end as the declining house prices were offset by additional repayments by customers with increased risk awareness. Loans exceeded property values in 21 percent of the outstanding mortgage values as of March 31, ABN Amro said."
-
Maybe Holland is the stilt that when it finally breaks it pulls and shreds the Eu and euro apart IF only the customers with increased risk awareness pulled their deposit accounts out of their banks before they they get the Cyprus treatment lesson
dc CB 18:15 GMT May 20, 2013
US oil
notice that, with the exception of Calif, the highest prices for Gas are in the "Heartland". Diesel is priced higher than gas. It's planting season in the midWest....all those tractors and trucks and pick-ups.
Almost Enron like targeting???
dc CB 17:11 GMT May 20, 2013
US oil
this Sunday.
According to AAA Oklahoma's gas price tracking website, on Sunday, the average price in Oklahoma City for a gallon of self-serve regular gasoline is at its highest point ever, $3.963, breaking Saturday's price of $3.952, which was also a record high.
"It appears at least part of the reason for these breathtaking price spikes is limited gas supplies caused by a couple of refineries in the upper Midwest going offline," said Mai. "But these shortages have only impacted selected locations. For example, the average price for regular gasoline in Texas today is $3.43, which is 47 cents below that of Oklahoma. And Arkansas' average today is 48 cents below Oklahoma's."
In the contiguous 48 states, six have gas price averages Sunday above $4 per gallon: Minnesota, $4.272; North Dakota, $4.204; California, $4.057; Illinois, $4.05; Nebraska, $4.031; and Iowa, $4.002.
Cambridge Joe 16:49 GMT May 20, 2013
Cable
Just back to the screen..... hmmmmmm... not the best entry for cable shorts...
Apologies to anyone wrong footed by my post.
london hmk 16:42 GMT May 20, 2013
KAL gold silver
Reply
SaR KaL 16:34 GMT May 20, 2013 - My Profile
KaL's Trend and Level: Reply
gold tgt 1250
silver 20
i just shorted a few lots on both
amazing
SaR KaL 16:34 GMT May 20, 2013
KaL's Trend and Level
gold tgt 1250
silver 20
i just shorted a few lots on both
GVI Forex Inner Circle 15:43 GMT May 20, 2013
Fixed Income
Reply
Prices in prime fixed income market end weak in Europe. Peripheral prices ending higher.
SaR KaL 15:30 GMT May 20, 2013
KaL's Trend and Level
means Special
probably the highest yield Per $ Investment
SaR KaL 15:27 GMT May 20, 2013
KaL's Trend and Level
for those that like to stay in position for 1-2 weeks
here are my tgts
eurusd 1.24
usdjpy 110
cable 1.47
usdchf 1.03
audusd 0.90
nzdusd 0.76
usdcad 1.06
eurjpy 1.37
gbpjpy 1.62
gbpnzd 1.98 (**)
Cambridge Joe 15:05 GMT May 20, 2013
Cable
Plz feel free to buy it ! :-)
SaR KaL 15:00 GMT May 20, 2013
Cable
I am short joe
adding till 1.5250
tgt 1.5050
next week 1.47
Amman wfakhoury 14:56 GMT May 20, 2013
Cable
Reply
Joe
we have no softer in forex , only up , down and sideways.
Cambridge Joe 14:53 GMT May 20, 2013
Cable
Reply
Looking like softer Cable about 40 mins out from here...
IMO. GL
Amman wfakhoury 14:46 GMT May 20, 2013
EURJPY 132.35
Reply
132.35 confirmed .. also we have a gap.131.73 also consolidation level.
buy and buy another @131 .10 if decline.
NY JM 14:41 GMT May 20, 2013
-
Actually world is trying to inllate but thwarted by various factors.
Inflation is in equity prices as flood of lliquidity has trouble getting to the real economies.
GVI Forex Blog 14:41 GMT May 20, 2013
Reply
May 20, 2013 (global-view.com) UPCOMING DATA HIGHLIGHTS for Tuesday, May 21. Updated: Trading Events Calendar
HIGH IMPACT RELEASES: GB- CPI/RPI.
GVI Forex Data Outlook for 21 May 2013
london red 14:33 GMT May 20, 2013
-
whole world deflating (gold), uk should be no different.
GVI Forex Jay Meisler 14:32 GMT May 20, 2013
-
This was from the Lloyds Bank Daily Economic Outlook report:
While Bernanke�s JEC testimony is the key event, closer to home its a busy week for UK data and events: CPI , PPI, retail sales, public finances and the May MPC minutes are all released. We, and the rest of the market, expect CPI inflation to have dipped from 2.8% to 2.6% in April, due to Budget effects and the fall in oil prices. The risks, however, are skewed towards a weaker reading. The other main event to watch for is any change in the voting pattern at the MPC meeting. We believe the vote to keep the APF unchanged at �375bn was unchanged at 6:3, although there is a risk that one or two dissenters, including the Governor, may have shifted camp following the more upbeat economic assessment in the latest Inflation Report.
london red 14:29 GMT May 20, 2013
-
often good days to run stops. would be nice to run above 5220 for a good level to sell. after inflation (i expect weak) will want to take advantage of any strength seen in eurgbp to set up short intraday but strictly until retail sales as other data indicates weak outcome.
NY JM 14:20 GMT May 20, 2013
-
tks
holiday market spinning its wheels today except in precious metals
london red 14:14 GMT May 20, 2013
-
ny, i actually ran line across the two top prior to recent high and ran lower channel off that. from my experience, single tails can often be discounted on intraday charts, often they are data based and not always trend changing. so no i didnt , but looking for a move just below that if channel breaks, then will buy 101.50/80 if seen. still holding under 10 hour so still a chance, not keen on chasing it up though. prefer to buy dips, before boj and bernanke.
GVI Forex Inner Circle 14:13 GMT May 20, 2013
Calendar
Reply
May 20, 2013 (global-view.com) UPCOMING DATA HIGHLIGHTS for Tuesday, May 21.
Updated: Trading Events Calendar
HIGH IMPACT RELEASES: GB- CPI/RPI.
NY JM 13:50 GMT May 20, 2013
-
Red, one hour trendline? Did you include the early Asia plunge to around 101.80=00?
london red 13:46 GMT May 20, 2013
-
yen pair holding trendline for now but still no close above 10 hour sma which has capped it since the open. should resolve within a couple of hours if not before. but think if stops under 102 target can be bought at 10150/80. most of market looking for higher so should work out. if not likely towards 100.
hyderabad krishna 13:36 GMT May 20, 2013
" Trade Ideas "
FM:
what is your target?.....
Lahore FM 12:53 GMT May 20, 2013
" Trade Ideas "
Sell EURJPY
Entry: Target: Stop:
eurjpy can easily take the dive now.
london red 12:48 GMT May 20, 2013
-
from 102.30 down to 101.80
london red 12:46 GMT May 20, 2013
-
Reply
usdjpy...very close to 100 hour sma which is a hair above the lower channel line, below here may see weakness down to 102.30/101.80
Cambridge Joe 12:31 GMT May 20, 2013
AUDNZD
Reply
Cambridge Joe 17:20 GMT May 19, 2013
Various:
AUSNZD.
It's selling...of course... but the major south move is only just begun. Possible upswing about 1 hour in... the selling with conviction looks to begin about three hours in.
########
AUDNZD shorts might like to secure their positions.... risk of an up-tick close at hand. IMO. GL
Melbourne Qindex 12:05 GMT May 20, 2013
EUR/USD : Critical Point 1.2797
Buy EURUSD
Entry: Target: Stop:
EURUSD : The market is going to overcome the resistance point at 1.2886.
Qindex.com
=============================================
Melbourne Qindex 01:25:19 GMT - 05/18/2013
Buy EURUSD
Entry: Target: Stop:
EUR/USD : Critical Point 1.2797
The market has fired a warning signal that it is going to reverse its course after hitting the critical point at 1.2797 in the last trading session and EUR/USD was able to close within 1.2814 // 1.2830 this week in the New York session. On this Monday I am expecting the market to tackle 1.2886 in the Asian session.
Qindex.com
EUR/USD : Monthly Cycle Charts
EUR/USD : Monthly Cycle Charts
Cambridge Joe 11:39 GMT May 20, 2013
EURUSD
Reply
**IF** EURUSD strikes 2874 before 13:00 GMT and remains above 2863 until that time, then it would sell well into NY.
So it seems to me !
IMO. GL
London Chris 10:57 GMT May 20, 2013
Global Markets News
Holidays today
Bernanke Wednesday
Dollar should be softer waiting for Ben
Softer could mean consolidating or could mean stops are at risk
london red 10:55 GMT May 20, 2013
Inner Circle
Would add to that run higher today failed a little below friday high, so may accelerate any move higher.
GVI Forex Inner Circle 10:24 GMT May 20, 2013
Inner Circle
Reply
This was posted last night on the Inner Circle
GVI Forex Jay Meisler 00:10 GMT May 20, 2013 - My Profile
Week Ahead: Reply
Not sure where the USD goes after Bernanke testifies but it will turn defensive before he testifies on the assumption he will stay dovish.
eurusd 1.2850 is pivotal resistance on top. Upside capped unless broken, obvious level for buy stops.
1.28 will be that level that sets the tone going forwards.
If you want to see more like this, send an EMAIL
GVI Forex Inner Circle 09:28 GMT May 20, 2013
Japan satisfied with current JPY level. Several centers on holiday
Reply
- HIGH
IMPACT ITEMS: EU- Several centers and CA- Holiday
- The USD is opening the new week
lower after the Japanese Economics Minister signaled pleasure with the
current value of the JPY. The Nikkei gained today and 10-yr JGB yields
are higher. A BOJ decision is due on Tuesday along with key UK CPI data.
- Heading into Monday, sentiment
in favor of the USD had continued to improve in the latest week, even
though the general tendency of USD positive economic data in favor of
the currency appeared to be cooling.
- Silver has fallen sharply. Some
call silver the high-beta gold trade.
- The week ahead will see the
minutes from the latest Fed Meeting (May 1) and testimony by Chairman
Bernanke to the House. This testimony will give him ample opportunity
to signal to the markets What the current intentions of the central
bank may be.
- Thursday sees a number of flash
PMI reports U.K. data could also influence the GBP The critical
German IFO Survey is due on Friday.
20d
avg
|
10-yr
|
Equities
|
EURUSD
1.3027
|
JGB
0.85% +6bp
|
Asia:Higher
|
USDJPY
99.83
|
Bund
1.36% +4bp
|
Europe
Higher
|
EURJPY
130.06
|
U.S.1.95%
+0bp
|
U.S.:Mixed
|
GVI Forex Blog 09:27 GMT May 20, 2013
Reply
HIGH IMPACT ITEMS: EU- Several centers and CA- Holiday
The USD is opening the new week lower after the Japanese Economics Minister signaled pleasure with the current value of the JPY. The Nikkei gained today and 10-yr JGB yields are higher. A BOJ decision is due on Tuesday along with key UK CPI data.
Japan satisfied with current JPY level. Several centers on holiday
Syd 09:06 GMT May 20, 2013
UK
Reply
london red 07:53 agree they will probably win next election
www.dailymail.co.uk/news/article-2324112/Lord-Mandelson-Immigrants-We-sent-search-parties-hard-Britons-work.html
GVI Forex Inner Circle 09:03 GMT May 20, 2013
Fixed Income
Reply
Major bond market prices mostly weaker. Peripheral prices up.
SaR KaL 09:03 GMT May 20, 2013
KaL's Trend and Level
CADCHF now a little bearish for a few days
Planing to long it from .93 on thursaday
this baby wants 0.99 in June
JERUSALEM KB 08:52 GMT May 20, 2013
Trading the sup & ress. levels
OTHER
Entry: SILVER,PLATINUM Target: Stop:
TIME TO MONITOR SILVER & PLATINUM BESIDE GOLD FOR SURE
Cambridge Joe 08:28 GMT May 20, 2013
The EU Waiting Game Is Over for Cameron
red they only have themselves to blame..... they fail to deal with real issues and instead make a big deal with non-issue like guymarriage or some s*H&%.
It is little wonder that ordinary people have been roused from their slumber to swat the mosquito of main-stream politics.
Syd 07:45 GMT May 20, 2013
The EU Waiting Game Is Over for Cameron
Reply
U.K. prime minister has to get off the fence over referendum on his country's futuEven Deputy Prime Minister Nick Clegg—the most pro-EU party leader in the U.K.—acknow-ledges that it is now a question of when rather than if the country has an in/out referendum. That in turn means there is a real risk of a U.K exit or “Brexit”.re in Europe.
LINK
Cambridge Joe 07:45 GMT May 20, 2013
GBPNZD
Reply
GBPNZD about to long scalp. IMO. GL
Syd 07:35 GMT May 20, 2013
Yen
Reply
FXstreet The research team at TD Securities have noted that the Topix is up +1.5%, despite the USDJPY easing -0.5% to 102.70, after punching through 103 on Friday.
They explained that the appreciation of the yen has been blamed on comments by Japan’s economy minister Amari, who was quoted as saying in an interview with national broadcaster NHK on Sunday that further weakness of the yen could be ‘harmful’.
Tel Aviv 07:25 GMT May 20, 2013
Banco Santander Stock
Reply
Buy OTHER
Entry: Target: Stop:
Banco Santander’s performance is intimately related to the Spanish economy, and if we are to believe the political leaders, the prospects are optimistic for 2013. Economy Minister claims that the economy is on the mend and will continue to strengthen in the next months, and what is certain is that the worst is behind us.
Banco Santander Stock to profit Binary Traders
Hong Kong AceTrader 06:51 GMT May 20, 2013
AceTrader May 20, 2013: DAILY AUD/USD OUTLOOK
Reply
DAILY AUD/USD OUTLOOK - +0.9770
20 May 2013 02:04GMT
Fri's selloff to a fresh 11-month trough at 0.9711 suggests erratic decline fm 1.0625 (Sep 12') remains in progress n marginal weakness below 0.9700 is likely, however, near term 'loss of momentum' wud limit downside to 0.9662/70 n yield rebound.
Sell on recovery with stop as indicated, break wud risk stronger gain to 0.9831
STRATEGY : Hold short
POSITION : Short at 0.9770
OBJECTIVE : 0.9700
STOP-LOSS : 0.9805
RES : 0.9771/0.9797/0.9831
SUP : 0.9711/0.9662/0.9616
Singapore SGFXTrader 05:36 GMT May 20, 2013
KaL's Trend and Level
Reply
Thanks KaL. A short from 0.99 level is safer but provided that we are open to that opportunity window. Meanwhile i reckon that there is a fibo retracement based on technical rebound as Audusd has dropped 700+ pips since 1.05x level, starting 11 April 2013. Elliot is showing a recovery wave too.
Just my 2 cents thoughts.
SaR KaL 05:21 GMT May 20, 2013 - My Profile
KaL's Trend and Level: Reply
singapore
0.9858 to .9870 for audusd
wants 0.9000 is a couple of weeks
IMO EURUSD shorts should be around 1.2890 area
into 1.2670 today
SaR KaL 05:33 GMT May 20, 2013
KaL's Trend and Level
Dil
I agree
Time frame slightly different.
I know AudUSD is a little bulish now
wont stay bullish for long
Israel Dil 05:23 GMT May 20, 2013
KaL's Trend and Level
Your actual position is the one to make the week good or bad, so take the right one :-)
SaR KaL 05:21 GMT May 20, 2013
KaL's Trend and Level
singapore
0.9858 to .9870 for audusd
wants 0.9000 is a couple of weeks
IMO EURUSD shorts should be around 1.2890 area
into 1.2670 today
this is gonna be a bad day and week
Israel Dil 05:17 GMT May 20, 2013
US oil
Sell Crude
Entry: next 72 hrs Target: 66.66 Stop: 106.66
[email protected]
Israel Dil 05:14 GMT May 20, 2013
US oil
Reply
2-3 days to establish sort of medium term TOP and then a fortune making dive. Sub 70$ this summer is a dream for the main stream, it's to the trader to decide if main stream is about survival or money making.
good luck and we will see how wrong I am, or not :-)
Singapore SGFXTrader 04:10 GMT May 20, 2013
KaL's Trend and Level
Buy AUDUSD
Entry: Target: Stop:
Thanks KaL for providing your trade idea. I will use this as a guiding pole. Will long Audusd.
Cheers
SaR KaL 03:29 GMT May 20, 2013 - My Profile
KaL's Trend and Level: Reply
starting this week with audusd shorts and nzdusd shorts
audusd should close less then .95
nzdusd less then 0.79
SaR KaL 03:29 GMT May 20, 2013
KaL's Trend and Level
starting this week with audusd shorts and nzdusd shorts
audusd should close less then .95
nzdusd less then 0.79
many more chart points
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