GVI Forex john 22:52 GMT November 5, 2014
BREAKING NEWS
November 5, 2014 (global-view.com) UPCOMING DATA HIGHLIGHTS for Thursday, November 6.
Updated: Trading News Events Calendar
HIGH IMPACT NEWS RELEASES: AU- Employment, DE- Factory Orders, GB- Ind & Mfg Output, BOE, EZ- ECB, US- Productivity, Weekly Jobless
- Far East: AU- Employment.
- Europe: DE- Factory Orders, GB- Ind & Mfg Output, BOE, EZ- ECB,
- North America: US- Productivity, Weekly Jobless, Nat Gas, CA- Ivey PMI.
london red 21:51 GMT November 5, 2014
" Trade Ideas "
much obliged FM, best trades to you.
Lahore FM 21:45 GMT November 5, 2014
" Trade Ideas "
london red 20:53 GMT 11/05/2014
Red Sir, the stop is or shud also be for a fresh entry at 1.1250.You would be lucky to get 1.1320 as fresh entry.
Provo John 21:13 GMT November 5, 2014
BREAKING NEWS
Hillary is considered the heir-apparent for the democrat party. However, that was the case when she ran for the nomination against Obama in 2007-8. Baring that another spoiler enters the race, she would likely get the nomination. In fact, a number of people who are wanting to run are holding off until Hillary announces officially if she is running or not because they do not want to run against her. Don't expect an announcement until at least Jan 2015. When she ran for the 2008 election she announced in Jan 2007.
GVI Forex john 21:12 GMT November 5, 2014
BREAKING NEWS
Finally Obama is done. He loves the sound of his own voice!
Sydney ACC 21:01 GMT November 5, 2014
BREAKING NEWS
After GWB a Democrat was a certainty for president. I'd be interested in your opinion on a Hilary Clinton presidency.
london red 20:53 GMT November 5, 2014
" Trade Ideas "
thanks again for the heads up FM, as always.
re your cad trade, where is your stop out of interest? im am looking to re enter 112-113.
PAR 20:21 GMT November 5, 2014
BREAKING NEWS
Obama s speech .President Obama = President Hollande .
GVI Forex john 20:08 GMT November 5, 2014
BREAKING NEWS
As expected, its all good words. No sign he will be moving to the center like Clinton did. We will see.
GVI Forex john 20:06 GMT November 5, 2014
BREAKING NEWS
So far O is giving his stump speech.
Lahore FM 20:05 GMT November 5, 2014
" Trade Ideas "
tokyo ginko 19:22:28 GMT - 11/05/2014
kudos!!! FM.
--
Sydney ACC 19:53:15 GMT - 11/05/2014
Patience exemplified.
Thanx Gikno dear and ACC Sir !
this particular trade is actually better somewhat ACC Sir as this trade has two more legs in usdchf and usdcad former goes out at 1.0000 and latter at 1.20 so overall it would be the best trade for a decade !
NY JM 19:56 GMT November 5, 2014
BREAKING NEWS
The House is going to be the problem if they want to get something done.
GVI Forex john 19:55 GMT November 5, 2014
BREAKING NEWS
Next Press Conference:
President Obama @ 19:50 GMT
Obama often likes to make everyone wait. Draw your own conclusions.
I expect him to take a conciliatory tone, but it will be his ACTIONS that count in the end. Up until now he has refused to compromise on anything.
Sydney ACC 19:53 GMT November 5, 2014
" Trade Ideas "
Patience exemplified.
I still believe, however, your long trade froma couple of years back from around 97 cents to 1.03 was the best trade I've ever seen. Most analysts at the time were of the opinion Aussie would depreciate, plus you collected a couple of months positive carry.
Well done!
GVI Forex john 19:47 GMT November 5, 2014
BREAKING NEWS
Weekly
Trading Planner Top Items (GMT):
THURSDAY
01:30 AU
Jobless
employment data
09:30 GB Ind/Mfg Output production
11:00 GB
Bank
of England no changes seen
12:45 EZ
Europe
Cntl Bank key decision
13:30 EZ ECB
Webcast press conference
13:30 US Productivity key to growth
13:30 US
Initial Claims weekly data
15:00 CA
Ivey
PMI closely followed survey
FRIDAY
09:15 CH
CPI
SNB targets inflation
09:30 GB Trade External accounts
13:30 CA
Jobless
Key growth measure
13:30 US
Jobless
Top U.s. indicator
15:15 FRB Yellen Paris key speech
Lahore FM 19:20 GMT November 5, 2014
" Trade Ideas "
Sell AUDUSD
Entry: 0.8354 Target: 85 Stop:
Lahore FM 18:02:33 GMT - 09/09/2014
Sell AUDUSD
Entry: 0.9354 Target: 0.85 Stop: 0.9354
Lahore FM 03:53:11 GMT - 09/09/2014
Sell AUDUSD
Entry: 0.9354 Target: 0.85 Stop: 0.9354
Lahore FM 08:45:45 GMT - 09/08/2014
==
1/3rd closed now at 0.9200.stops stay and so does the target.
=========================================
Closed short audusd 0.9354 now at 8577 for + 777 pips in all.
GVI Forex john 19:19 GMT November 5, 2014
BREAKING NEWS
New Senate Majority Leader McConnell sounding conciliatory. We will see what happens.. It takes two to tango.
GVI Forex john 19:04 GMT November 5, 2014
BREAKING NEWS
Separate Pressers:
New Senate Majority Leader McConnell @ 19:10 GMT
President Obama @ 19:50 GMT
Waiting to see if both are conciliatory We will be listening closely to every word...
GVI Forex john 17:02 GMT November 5, 2014
CURRENT CONDITIONS: Risk-On
17:00 GMT- Current Market Conditions:
Late in European trading hours, markets remain in a
RISK-ON posture
as markets await the ECB decision Thursday and digest the U.S. election
results. With ECB leadership in question, there is considerable
uncertainty about what the
Bank will be announcing.
In the Far
East,
equities ended mixed.
European bourses are trading higher. U.S.
shares are up modestly at this hour. U.S. 10-yr yields are higher.
10-yr bund and
gilt yields are up.The
Peripheral European bond
yields are mostly higher.
The
heat map color scheme
of interest rates reflects yields.
GVI Forex john 16:38 GMT November 5, 2014
BREAKING NEWS
Saudi's say there was fire today at a pipeline, but it was not terrorist-related.
gc sf 16:36 GMT November 5, 2014
$yen
Reply
I don't believe that $yen is going through 115.50 unless EUR gets more serious with 120
So I can't buy $YEN above 114.65 .. more interested in waiting for some top to form for a move down to 113.50-60
Short Term I think there is a fair chance to see a test of 114.17-22 area .. because we have seen 2 days in a row the Nikkei sell off 200 points on the Open before bouncing back in the afternoon ... also Asia had plenty of chance to buy $YEN yesterday - so some profit taking could kick in as well.
Couple ways to play it just have to see Stock Close / Asian Open see how it plays out.
Mtl JP 16:30 GMT November 5, 2014
BREAKING NEWS
someone needs to prosecuted the purveyors of Twitter bullsh!t in the same way that hacking reuters or bloomberg to send bs with evil design to skin the market.
GVI Forex john 16:16 GMT November 5, 2014
BREAKING NEWS
Seems oil pipeline explosion rumors are starting to fade. Now it might have been a diesel generator on a smaller pipeline?? Not a terrorist event.
As we said earlier, beware of Twitter rumors. Expect to see more when it is seen that they can move the markets.
Sanibel Is. Fl sir Ignore 16:16 GMT November 5, 2014
euro
Reply
short 2482.stop 2509..for 2457/40
roll em'
GVI Forex john 16:12 GMT November 5, 2014
Buy USD
JP- impossible. This is still a USD world. Both will devalue vs. the USD and also against those currencies pegged to the USD
GVI Forex Blog 16:09 GMT November 5, 2014
Reply
November 5, 2014 (global-view.com) UPCOMING DATA HIGHLIGHTS for Thursday, November 6. Updated: Trading News Events Calendar
HIGH IMPACT NEWS RELEASES: AU- Employment, DE- Factory Orders, GB- Ind & Mfg Output, BOE, EZ- ECB, US- Productivity, Weekly Jobless
GVI Forex Data Outlook for November 5, 2014
Mtl JP 16:08 GMT November 5, 2014
Buy USD
Is it realistic to expect Japan and Europe to devalue against both at once ? Kuroda is talking about reaching his 2% inflation in 2yr time horizon
Should they not be taking turns forcing their ccies into the toilet ?
Unless some condition, one that I have hard time to imagine what, is such that it forces them both (or all) to panic at once ?
GVI Forex john 16:07 GMT November 5, 2014
BREAKING NEWS
November 5, 2014 (global-view.com) UPCOMING DATA HIGHLIGHTS for Thursday, November 6.
Updated: Trading News Events Calendar
HIGH IMPACT NEWS RELEASES: AU- Employment, DE- Factory Orders, GB-
Ind & Mfg Output, BOE, EZ- ECB, US- Productivity, Weekly Jobless
- Far East: AU- Employment.
- Europe: DE- Factory Orders, GB- Ind & Mfg Output, BOE, EZ- ECB,
- North America: US- Productivity, Weekly Jobless, Nat Gas, CA- Ivey PMI.
GVI Forex john 16:04 GMT November 5, 2014
BREAKING NEWS
Saudi Oil Pipeline explosion rumors about 30mins ago behind upward spike in crude prices.
To the best of our knowledge this has not been confirmed? Twitter has proved to be notoriously unreliable when it comes to breaking news.
GVI Forex Jay Meisler 16:02 GMT November 5, 2014
BREAKING NEWS
EURUSD break of 1.2490 held at an intra-day trendline (5 min chart). Micro trading but it is working.
london red 16:01 GMT November 5, 2014
BREAKING NEWS
loonie. stopped at 86, the 23.6 of recent up leg, but it went on oil, so watch for a move abv yest high for brent.
GVI Forex Jay Meisler 15:46 GMT November 5, 2014
BREAKING NEWS
red, I show a double/triple day top at 1.2490/91, then 1.2504-06.
london red 15:36 GMT November 5, 2014
BREAKING NEWS
price action confirms earlier thoughts that mkt cant hold below 70 for now. focus now on res at 91 97 and 12502 abv there 10/12 thru there i reckon they scramble quickly to 30.
london red 15:17 GMT November 5, 2014
BREAKING NEWS
cable. supported by m/a buying. of course the best time to buy a currency at the lowest price if you must is when its getting hammered. anything 160-15980 stop abv 16030 will be good for catch up tomorrow particularly on good nfp. as for now below 15947 means lower but probablys mean selling to whoever is having to buy so i suspect a v slow fall, probably not worth it. better let them buy and sell higher up.
GVI Forex john 15:15 GMT November 5, 2014
BREAKING NEWS
Russian Central Bank to abandon support of Ruble currency basket.
Cost in terms of reserves has been too high.
GVI Forex john 15:13 GMT November 5, 2014
BREAKING NEWS
Note: U.S. and UK Service PMIs have turned down in October. The two have been the few strong points in the global economy.
Global slowdown?
GVI Forex 14:30 GMT November 5, 2014
AUD
Reply
Breakout day below .8643
Dillon AL 14:23 GMT November 5, 2014
GBP
The Old Lady will see the Election next year and will not rock the boat.
london red 14:18 GMT November 5, 2014
GBP
Chris it reversed pretty quickly off the last daily low but you have to say it was 160 last night and we went straight down so its a big enough move and maybe some folk took profits ahead of the boe meet out of principle more than any thought of a rate hike which i would now say is off for the foreseeable future. the market will still need to price this in over the coming months.
london red 14:13 GMT November 5, 2014
Buy USD
not banking on it going up but one line of thinking is that kurodas actions have pressurised the ecb into doing more and so there is a partial expectation in the market which will be disappointed if they do nothing new. so there is that risk of being short into the meeting. theres no need to be short in advance as if they do pull a rabbit out you can always jump on board as it certainly wont be going back up given it would be a bit of a surprise after the recent measures not long ago.
euro and yen are both lt sells. and dont forget falling oil and eurjpy going up are importing deflation into europe. so a eurusd standing still at 125 does no real good.
London Chris 14:12 GMT November 5, 2014
GBP
Reply
GBP is being bought against everything. Has anyone seen any news why?
GVI Forex Jay Meisler 14:00 GMT November 5, 2014
Buy USD
red, do you see a risk for a EURUSD pop on the ECB meeting if Draghi gives any hint (by what he doesn't say more than what he does say) that his hands are tied (by Germany)?
GVI Forex john 13:58 GMT November 5, 2014
PIVOT POINTS: Trading System
EURUSD
S1 1.2495 (broken earlier)
S2 1.2441
USDJPY
R2 114.48 (broken earlier)
R3 114.91 (114.84 HOD)
looks like a 5% day??
london red 13:55 GMT November 5, 2014
Buy USD
euro. 85 first support on downside. if yields test of 70. not sure it can stay below 70 ahead of ecb but rather stay positioned short for test of it as you never know, they might push through once done there.
london red 13:48 GMT November 5, 2014
Buy USD
lvls as yesterday. 12502 fib. while no hourly close abv, the pressure on downside continues. abv 10 then look to 30 again then 71 if taken. but dont chase as ecb may not announce anything new, but will talk down as usual. even if they do not, you'll have plenty of pips to chase then as market will scramble up for hours so no need to try to front run that kind of high beta but low prob event.
ism later, job index will be looked at. if strong, we'll have a complete set of strong job sub components.
Central Kwun 13:36 GMT November 5, 2014
Buy USD
Reply
Buy usdx
Entry: Target: Stop:
positive us data bring gold up.. i dont think i would believe fudamental anymore
Central Kwun 13:29 GMT November 5, 2014
Buy Gold
Reply
Buy usdx
Entry: Target: Stop:
dat is good for USD, why all non USD rise?
GVI Forex john 13:25 GMT November 5, 2014
BREAKING NEWS
ADP Monthly jobs U.S.
ADP data about as expected. Data dead flat for past three years.
>> MORE: U.S. Data Charts <<
Click on chart for nearly 15-yr history
SaaR KaL 13:08 GMT November 5, 2014
Day's Trades
Next 10 hrs
XAG/USD Sell
XAU/USD Sell
GBP/CHF Sell
GBP/USD Sell
EUR/USD Sell
NZD/USD Sell
AUD/USD Sell
USD/JPY Buy
USD/CHF Buy
EUR/GBP Buy
USD/CAD Buy
GBP/NZD Buy
Mtl JP 12:54 GMT November 5, 2014
Global Marketrs News
BoJ's Kuroda is getting to be dangerously dangerous
"In order to completely overcome the chronic disease of deflation, you need to take all your medicine. Half-baked medical treatment will only worsen the symptoms," he said
When folks paint themselves into a situation from which is no way back for them, when they set themselves up for inability to admit it they grow desperate in their attempt to prevail.
SaaR KaL 12:34 GMT November 5, 2014
Day's Trades
Short EURGBP
tokyo ginko 12:26 GMT November 5, 2014
nzdjpy
Cover @ 88.40
Sell usdjpy 114.67
GVI Forex Jay Meisler 12:18 GMT November 5, 2014
EURUSD
Reply
EURUSD
Entry: Target: Stop:
EURUSD one hour chart
1.2468 (just tested) blocks 1.2440 (Monday low)
Note S2 = 1.2441
GVI Forex john 11:36 GMT November 5, 2014
PIVOT POINTS: Trading System
5% day as GBPUSD trades below R3 (1.5920)
Take a look at the UK PMI chart below, Focus is more on Services and construction as they are more reflective of the domestic economy. Manufacturing is more driven by demand for exports from abroad.
HK RF@ 10:42 GMT November 5, 2014
AUDNZD Targets
Reply
1.1100 targeted for now.
A drop down to 1.09990 later should not be discounted.
SaaR KaL 10:22 GMT November 5, 2014
Day's Trades
2-3 months
If above 1.2392
then short it
SaaR KaL 10:21 GMT November 5, 2014
Day's Trades
EURUSD 1.27ish area was a drop correction for trend...that is all
Now into 1.16
SaaR KaL 10:16 GMT November 5, 2014
Day's Trades
AUDNZD
a Buy below
1.1159
Intraday
1.1198 1.1121
SaaR KaL 10:14 GMT November 5, 2014
Day's Trades
lots of pairs will not follow any TA
AUDNZD
seems a like sell...not way
3 months
1.1674 1.0955
a great buy
SaaR KaL 10:09 GMT November 5, 2014
Day's Trades
NGAS
most likely a drop
into 2.8 from here
GVI Forex john 10:03 GMT November 5, 2014
CURRENT CONDITIONS: Risk-On
Reply
10:00 GMT- Current Market Conditions:
Early in European trading hours, markets are in a mild RISK-ON posture
as markets await the ECB decision Thursday. With the leadership of the
central bank in question, there are some uncertainty about what the
Bank will be announcing.
In the Far
East,
equities ended mixed.
European bourses are trading higher. U.S.
share futures are up at this hour. U.S. 10-yr yields are about steady.
10-yr bund and
gilt yields are up.The
Peripheral European bond
yields are mostly higher.
The
heat map color scheme
of interest rates reflects yields.
SaaR KaL 10:03 GMT November 5, 2014
Day's Trades
Reply
GBPJPY most likely a long into 183+
SaaR KaL 09:59 GMT November 5, 2014
eurusd
Would not be surprised EURUSD into 1.16 next month
gc sf 09:54 GMT November 5, 2014
eurusd
it looks like the mkt has reached that point -- if GBP + EUR don't base here then there looks to be another 100 points left as a continuation move.
$yen seems slowed down by xxx/jpy selling on the data .. but regardless of that it should be able to complete the move up to 80-90... still can't be short in this particular market till a more stable top is in.
turned out to be a really interesting day after all.
GVI Forex john 09:42 GMT November 5, 2014
BREAKING NEWS
GBP falls on Services PMI miss. Note also ease in Construction PMI (green line).
Tallinn viies 09:13 GMT November 5, 2014
eurusd
Reply
trying small long euro.
bought at 1,2492. stop at 1,2442.
target 1,2570
GVI Forex john 09:09 GMT November 5, 2014
BREAKING NEWS
EZ, Germany and France final Services PMIs mixed France revised up and Germany/EZ down.
EZ and German Charts
EZ charts=> http://goo.gl/cMwmm1
london red 08:28 GMT November 5, 2014
cable
Reply
didnt react immediately to appalling brc shop data, but eventually fell lower to 23.6 fib at 15947 and has somewhat front run expectations for a soft servs pmi in an hour. usually servs have been stronger and i am reading a note looking for a slight rebound. however, they are in the minority. its important to remember that with inflation set to move even lower (fuel and overnight sales most recent examples) cable is unlikely to hold onto gains even in the event of a positive surprise. while cable trades below 162 the odds of a test of low are high.
hk ab 06:46 GMT November 5, 2014
gold
Reply
bc, what strategy would you suggest for gold m/t trade? Many thanks!
hk ooozmeeh 06:17 GMT November 5, 2014
usdjpy
0612 GMT [Dow Jones] USD/Asia rallies broadly after a dovish tone in a Wednesday speech by the Bank of Japan's governor gave USD/JPY a fresh boost. BOJ chief Haruhiko Kuroda reiterated that he will do whatever it takes to achieve the 2.0% inflation target, standing firmly behind the surprise decision to expand the central bank's asset purchase program last Friday. As USD/JPY hit a new seven-year high, USD/KRW and USD/MYR rallied to nine-month peaks, while USD/SGD rose to a level not seen since May 2012. The yen's sharp depreciation in recent days has been a trigger for proxy bets in other Asian currencies. Most sensitive to changes in the yen's value is the South Korea won due to Bank of Korea's preference for a favorable JPY/KRW exchange rate that improves export competitiveness. Singapore's central bank has the yen as a component of its trade-weighted currency exchange basket model--used to determine the fair value for the Singapore dollar.
gc sf 06:02 GMT November 5, 2014
usdjpy
BREAKING NEWS: REPUBLICANS TAKE CONTROL OF THE SENATE � Fox News projects Joni Ernst will win Senate race in Iowa, giving the GOP control of both the House and Senate, dealing a major blow to President Obama's agenda in the final two years of his second term.
gc sf 05:14 GMT November 5, 2014
usdjpy
if it holds 113.85-90 then it is going to 114.80
also if AUD breaks 8720 that would be a postive sign for $yen as well.
jkt abel 04:43 GMT November 5, 2014
usdjpy
Reply
ok, now resuming upmove to 115
Hong Kong AceTrader 02:48 GMT November 5, 2014
AceTrader Nov 5: Intra-Day News and Views (EUR/USD) & data to be released today
Reply
Intra-Day Market Moving News and Views
05 Nov 2014 02:04GMT
EUR/USD - 1.2553.. Ahead of Thurday's ECB policy meeting, WSJ reported the ultra low inflation becoming entrenched in Europe is playing out in strikingly different ways across the euro zone's 18 economies, complicating attempts to combat it.
In crisis-hit countries such as Greece n Spain, the detrimental effects of falling prices, known as deflation, are showing up clearly in strained profits n lower wages as companies try to adjust. But in healthier economies such as Germany n Austria, where unemployment is low and incomes are up, the most obvious impact is a boost to consumers' purchasing power.
At 0.4% in annual terms, euro zone inflation is far below the ECB's target of close-to 2%. A survey of purchasing managers released this week showed manufacturers cutting prices for a 2nd-straight month. The European Commission on Tuesday forecast inflation in the euro zone will remain below-target until at least 2016.
The ECB meets Thursday n is expected by analysts to refrain from new stimulus, but to keep the door open to dramatic measures such as gov't bond purchases if needed. Officials have signaled that they prefer to wait for recent measures including interest-rate cuts, bank loans n private-debt purchases to take hold before weighing additional steps.
Data to be released on Wednesday:
New Zealand's HLFS unemployment rate, job growth and labour cost index, China's HSBC services PMI, Swiss CPI, German Markit services PMI, U.K. Markit services PMI, eurozone retail sales, U.S. ADP National employment, Markit services PMI, ISM non-manufacturing PMI and employment index.
GVI Forex 02:10 GMT November 5, 2014
BREAKING NEWS
MNI: CHINA HSBC OCT SERVICES PMI 52.9 VS SEPT 53.5
gc sf 00:31 GMT November 5, 2014
nzdjpy
ok . seems things back to a more normal Asian Session.
Bid $YEN and offer some of the other currencies until they stop moving.
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