Livingston nh 23:54 GMT November 10, 2014
Mixed Risk Session. Equities Rise on Hopes Central Bank Ease to Persist. Light Calendar Week
In a light day take a look at long term monthly charts of JPY, GBP, AUD and CAD vs USD -- look at each of these from the Asian currency crisis in late '90s - the USD/CAD is breaking out as the 21mthy moves above 55 mthyema - the yen is even stronger and a 130+ fig (see MACD) is within reach in the next year
Cable is the odd man here as 21 mth ma is rising as MACD crosses down - 1.48 is doable but choppy
Long term look might mean interest rates finally rule
dc CB 22:55 GMT November 10, 2014
Reclassifying the Internet in the US
The point that is missed. It's not charging more for a faster service. It's the fact that many cannot purchase Broadband access at any price. And many, many are forced to pay ridiculous prices for Capped monthly bandwidth allotments, by wireless providers because there is no other service available.
http://www.bostonglobe.com/business/2014/11/10/cities-urge-fcc-override-state-laws-that-bar-municipal-broadband-services-from-expanding/6U2MEgC7CQttNHMCG7ZHsK/story.html?
also
Verizon is Unmoved By Your Town's Rally Demanding More FiOS
GVI Forex john 22:14 GMT November 10, 2014
BREAKING NEWS
Weekly
Trading Planner Top Items (GMT):
TUESDAY
CA/US (partial) Holiday
WEDNESDAY
9:30 GB Employment Major statistic
9:30 GB BOE Inflation Report insight to BOE policy
15:30 US EIA Crude
17:00 TRY 10-yr Auction
THURSDAY
5:30 JP Ind Out construction
7:00 DE
HICP
German CPI
13:30 US
Initial
Claims Weekly jobs data
17:00 UST 30-yr Auction
FRIDAY
7:00 DE GDP key German statistic
10:00 EZ
3Q14
GDP key EZ statistician
10:00 EZ
HICP
final EZ October CPI
13:30 US
Retail
Sales consumer demand
14:55 US
U
Mich prelim Key sentiment Survey
�
Livingston nh 21:43 GMT November 10, 2014
Reclassifying the Internet in the US
Internet providers should be subject to free competition - anybody can use your cable if they pay you -- the US consumer is a victim of tech scam - xyz company will give you upload =download speed, abc company will give you high speed transmission for $XX more -- light travels at the same speed everywhere in the known universe so these companies are not giving anything away, merely charging more because of monopoly
dc CB 20:36 GMT November 10, 2014
Reclassifying the Internet in the US
Reply
In the statement, and a video on the White House website, Mr. Obama urged the Federal Communications Commission to adopt the strictest set of neutrality rules possible and to treat consumer broadband service as a public utility, similar to telephone or power companies.
(video link)
Tom Wheeler, chairman of the Federal Communications Commission, on Monday said he welcomed the president�s input and said he agreed that the Internet should remain free and open. But he did not say whether he would fully support reclassifying broadband as a utility.
Reaction from some of the biggest broadband companies was swift and negative.
Obama Urges F.C.C. to Adopt Strict Rules on Net Neutrality
GVI Forex john 19:56 GMT November 10, 2014
BREAKING NEWS
U.S. Holidays November 11, 2014
Foreign Exchange & Interest Rates closed
Equities, Commodities open
Calendar is for futures.
In essence, Banks and government offices are closed.
GVI Forex Jay Meisler 17:26 GMT November 10, 2014
EURUSD
One hour chart and 200 hour mva
Tallinn viies 17:03 GMT November 10, 2014
eurusd
Reply
after euro almost tested 200h ma and failed to overcome it attention turns back to 1,2358. tomorrow most likely will test it.
GVI Forex john 16:55 GMT November 10, 2014
CURRENT CONDITIONS: Mixed Risk
16:55 GMT- Current Market Conditions:
Late in European trade, markets remain in a MIXED RISK posture as equities
improve but bond yields trade mixed. The ECB last week kept alive the
prospect of additional
policy
ease in the future and that has helped European equities . The October
U.S. Employment report on Friday was a
Market disappointment to the markets and saw interest rates fall. Last
week, The data calendar this week is light.
In the Far East, equities ended mixed
European bourses are closing broadly higher. U.S. shares are
higher at
this hour.
U.S. 10-yr yields are up. 10-yr bunds and gilt yields are mixed.
European peripheral bond
yields are mostly higher.
The
heat map color scheme of interest rates reflects yields.
GVI Forex Jay Meisler 16:37 GMT November 10, 2014
Forex Trading Tip: Why Do Retracements Work?
Reply
This is a timely article.
This is the first of a series of articles in a video format explaining the rationale behind and showing how one might use my forex tips for trading. This one is entitled,
Why do Retracements Work? but it could read
How to Use Retracements to Your Forex Trading Advantage. It is one of my favorite tips and you will see why.
Forex Trading Tip: Why Do Retracements Work?
GVI Forex Blog 16:27 GMT November 10, 2014
Global Markets News
Reply
EUR/CHF is getting even closer to the Swiss National Bank's 1.20 floor, which has not been seen since September 2012. Analysts reiterate that if the Swiss Gold Initiative referendum on Nov 30th were to pass, the SNB could be forced to choose between buying gold or giving up on the peg.
TradeTheNews.com US Market Update: US Markets Moving Higher
GVI Forex Blog 16:14 GMT November 10, 2014
Reply
November 10, 2014 (global-view.com) UPCOMING DATA HIGHLIGHTS for Tuesday, November 11. Updated: Trading News Events Calendar
HIGH IMPACT NEWS RELEASES: CA/US- Holidays
GVI Forex Data Outlook for November 11, 2014
GVI Forex john 16:10 GMT November 10, 2014
BREAKING NEWS
November 10, 2014 (global-view.com) UPCOMING DATA HIGHLIGHTS for Tuesday, November 11.
Updated: Trading News Events Calendar
HIGH IMPACT NEWS RELEASES: CA/US- Holidays
- Far East: No Major Data
- Europe: No Major Data.
- North America: US/CA- Holidays.
GVI Forex Jay Meisler 15:51 GMT November 10, 2014
EURUSD
Note the chart I posted earlier. For me staying bearish (other reasons as well) but chart wise as long as we stay below the 200 hour mva.
Stay tuned for an article I wrote with a video about using retracements to your advantage. Timely and highly suggested reading.
GVI Forex john 14:49 GMT November 10, 2014
TRADING STATISTICS
I will look into it. That's another calculation for the correlation coefficient.
gc sf 14:46 GMT November 10, 2014
TRADING STATISTICS
What would be more interesting would be which one of these markets leads to the highest ranges in FX Rates
so eg.
US 2 Year 1 basis point equals 120 points total in EUR / YEN / GBP / AUD
so we can figure which factor we should be watching the most.
GVI Forex john 14:45 GMT November 10, 2014
TRADING STATISTICS
sf, Thank you. I don't like the readings on UK 2- and 10-yr interest rates vs. GBP spot. My charts suggest there is a good relationship. I can't find any obvious errors in the calculations.
gc sf 14:40 GMT November 10, 2014
TRADING STATISTICS
nice one John.
AUD - has most correlation to Nikkei and Gold Moves --> Yen.
tokyo ginko 14:31 GMT November 10, 2014
Typical Monday?
intraday day trade long small s&p @ 2028..for positive day for stocks
GVI Forex john 14:23 GMT November 10, 2014
TRADING STATISTICS
Correlation is not causation. Its just an indication that there is a relationship between two items
1 = perfect positive correlation
0 = no correlation
-1 = perfect negative correlation
NY JM 14:19 GMT November 10, 2014
Typical Monday?
Reply
Typical Monday and looks like a day when those who got stopped out have licked some wounds or others have stepped back to avoid the chop.
GVI Forex Jay Meisler 13:30 GMT November 10, 2014
EURUSD
Reply
EURUSD
Entry: Target: Stop:
I posted this one hour chart on GVI Forex earlier. The gold line is the 200 hour mva, and has traded below it since Oct 29. This makes it a key indicator and only above it would suggest a greater risk of a retracement,
gc sf 12:08 GMT November 10, 2014
Global Markets News
maybe it is just a quiet day etc .. for sure
but also today the Chinese/Russian energy deal stuff as well - where I assume they will be bypassing the USD.
"China and Russia have signed energy cooperation agreements on the sidelines of the annual Asia-Pacific Economic Cooperation summit in Beijing.
The deals, which include a second major supply route, were signed Sunday by Russian President Vladimir Putin and his Chinese counterpart, Xi Jinping. The route will supply Russian natural gas to China along a western route. In May, the two sides signed a $400 billion deal for an eastern supply route."
so maybe 600-800 bio total ?? not sure
gc sf 11:34 GMT November 10, 2014
sell euro
with $YEN too - you have too remember at some point the Japanese Investment Flows will start coming through -- so it is the case that right now its offered through some of the xxx/jpy
but you can't sell $YEN too low because you can get squeezed pretty easily any time they come in with a bid.
gc sf 11:24 GMT November 10, 2014
sell euro
Just one of those days so far - where while $YEN is offered everything else is having a hard time moving far.
GVI Forex john 10:42 GMT November 10, 2014
CURRENT CONDITIONS: Mixed Risk
Reply
10:30 GMT- Current Market Conditions:
Early in European trade, markets are in a MIXED RISK posture as equities
improved but bond yields fall. Despite what you might hear in the
media, the October U.S. Employment report released on Friday was a
disappointment to the markets and saw interest rates fall. Last
week, the ECB kept alive the prospect kept of additional
policy
ease in the future. The data calendar this week is light.
In the Far East, equities ended mixed
European bourses are broadly higher. U.S. share futures are higher at
this hour.
U.S. 10-yr yields are lower.
The10-yr bund and gilt yields are mixed. The European peripheral bond
yields are mostly higher.
The
heat map color scheme of interest rates reflects yields.
manila tom 10:24 GMT November 10, 2014
sell euro
Reply
sold 1.2488, stop above 1.2520
GVI Forex john 10:07 GMT November 10, 2014
BREAKING NEWS
EARLIER China CPI. Tame inflation.
London London 09:30 GMT November 10, 2014
New signal - Try our free trial
Reply
Buy
Entry: Target: Stop:
New Signal: Buy NZD/USD @ 0.78129. at 2014.11.10
S.L - 55
T.P + 55
Explanation: It's market signal - You need to place the order in your trading account if the position does not reach to Stop loose or take profit.
Posted with permission of global-view.com
forex signals
nw kw 08:47 GMT November 10, 2014
nzdjpy
4h xagjpy slightly down compared to pack,triying to short gbp/jpy,but chf/jpy can fall hard
tokyo ginko 07:50 GMT November 10, 2014
nzdjpy
close out all usd/jpy short position @ 113.90
gc sf 06:33 GMT November 10, 2014
Morning
Putin is about to address APEC
who knows what he may say or may not say.
gc sf 05:41 GMT November 10, 2014
Morning
the nikkei is actually up a few points - while the $yen has been holding around the lows
so you would imagine $yen will move up 10-20 pts and some of these other things will fall 10 pips or so.
Asia seems to be thinking that xxx/jpy is overbought and looking for some correction .. so as I mentioned earlier tomorrows open should be very easy pickings as to direction.
Hong Kong AceTrader 02:08 GMT November 10, 2014
AceTrader Nov 10: Intra-Day News and Views (USD/JPY) & data to be released today
Reply
Intra-Day Market Moving News and Views
10 Nov 2014 01:05GMT
USD/JPY - 114.38.. Dlr opened in NZ around where it left off in NY Friday (around 114.62), however, renewed usd's broad-based weakness following a weak closing Friday pressured price in NZ/AUS, the pair fell 1-tick below Friday's 114.26 low at Tokyo open but lack of follow-through selling quickly lifted price.
Despite the Dow & S&P 500 indices touching record closing highs for the 3rd day in a row, intra-day weakness in the Nikkei (currently down 121 points at 16759) as well as falling U.S. treasury yields suggests dlr may well have formed a temporary high at Friday's fresh 7-year peak at 115.62.
Offers are tipped at 114.60/65 n more above with stops touted above 115.00.
On the downside, initial bids are noted at 114.25-20 and more below at 114.10-00 with stops reported below there, suggesting consolidation with downside bias is in store.
Data to be released this week:
Australia housing finance, China CPI, PPI, Italy industrial output, EU sentix index and Canada housing starts on Monday.
Japan trade balance, current account, tertiary industry index, Australia home price index, NAB business confidence, France market holiday, Canada market holiday and U.S. market holiday on Tuesday.
Australia Wage price index, UK average earnings, claimant count, ILO unemployment, BoE inflation report, EU industrial production, U.S. redbook retail sales, wholesale inventories and wholesale sales on Wednesday.
Japan CGPI, machinery orders, industrial output, capacity utilization, China industrial output, retail sales, Germany CPI, HICP, Swiss PPI, Italy CPI, Canada housing price index, U.S. jobless claims and Federal budget on Thursday.
France GDP, Germany GDP, Italy GDP, UK construction output, EU GDP, CPI, U.S. retail sales, export prices, import prices, business inventories, U. of Michigan sentiment and Canada manufacturing sales on Friday.
gc sf 02:06 GMT November 10, 2014
Morning
NZD just moving through .7785 now - so we just need to see if this continues (yes/no) .. and spills into a little more USD weakness in the other markets if the break is maintained.
gc sf 01:53 GMT November 10, 2014
Morning
YEN
if you look at where the MA lie in this market
you have resistance now @114.78 and support @113.60
with this market obviously so dependent on Stock Markets in the bigger picture will be interesting to see where we open tomorrow to really gauge strength/weakness..... as to date we have never really threatened any trailing s/l under the market .. and now we know anyone short has their s/l above 115.55... which seems to be out of reach for now.
gc sf 01:48 GMT November 10, 2014
Morning
NZD
you noticed the NZD overcame those 3 resistances last week by about 10 points . and then dropped 150
we are now moving to the top again @7785 - which is down from 7825 from last week... something to keep an eye on.
gc sf 01:45 GMT November 10, 2014
Morning
Reply
EUR
my systems are bidding in eurusd looking for 40-90 (range strategy)
YEN
they are trading 32-52 initially (range strategy)
Overall NFP was on the low side - and rather than breaking 115.50 we have fallen back into the range as well as eurusd..... kind of uninspiring really but you can see how these markets are linked.
GOLD has actually been the leader through this - I noticed it moving 3-5 minutes before the other markets - so will be watching for this as we move through the week.
GVI Forex Jay Meisler 00:52 GMT November 10, 2014
Euro
Sanibel, you are a stand up trader with that post
Right idea but no cigar
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