Jerusalem Kb 22:33 GMT April 1, 2014
Pipshunter
Sell EURUSD
Entry: 1.3795 Target: 1.3680 Stop: 1.3850
Sold
GVI Forex Jay Meisler 22:30 GMT April 1, 2014
CNBC HFT Debate
Flip, thanks for that update
dc CB 22:20 GMT April 1, 2014
CNBC HFT Debate
GVI Forex john 19:51 GMT
JP- It is always valuable to understand how the markets you trade in work.
+++++++++++++++++++++++++++
Zero Hedge and Nanex have been posting about HTFs for years. And I've been linking to those post here on GV. You mean you have to wait until CNBC talks about HFTs ...but they are only "admitting" that they are active in the Stock Market...when they are in EVERY MARKET.
This is all so convient and it's being latched on but the MSM and the FBI????(good lord), to deflect attention away from, the REAL MANIPULATOR... and the Big Banks that really don't need to use HFT to make their money...the get the money to make trades Free from the FED.
+++++++++++++++++++++++++++++++++++++++++++
From ZH:
Many are scratching their heads wondering how it is possible that with all of today's economic data misses the stock market not only ignored all the relentless bad data, as it has for the past 5 years (yes, yes, the weather, we know) but managed to surge to a new all time high. Not us:
today's reverse repo was amounted to just $113 billion, a $130 billion liquidity release from the Fed's reverse repo operation in one day!
So while QE may have tapered to a "measly" 55 billion per month, on just the first day of April risk assets experienced the additional benefit of over two full months of QE injected into the stock market in one single day!
This Is Where Today's Buying Deluge Came From
GVI Forex john 22:04 GMT April 1, 2014
Your Best Trade Today
fwiw new record high close for S&P 1885.52
also new HOD set 1886.
GVI Forex john 21:02 GMT April 1, 2014
Calendar -- Daily Forex Data News
April 1, 2014 (global-view.com) UPCOMING DATA HIGHLIGHTS for wednesday, April 2.
Updated: Trading News Events Calendar
HIGH IMPACT NEWS RELEASES: US- ADP Jobs, Factory Orders
- Far East: No Major Data.
- Europe: EZ- PPI.
- North America: US- Weekly Mortgages, ADP Jobs, Factory Orders, Weekly Crude.
GVI Forex john 20:36 GMT April 1, 2014
Weekly US API Data
Reply
NEWS ALERT
(Estimates and Previous data for EIA Survey)
Crude Oil: -5.800 vs. +1.000 exp vs. +6.620 prev.
Gasoline: -0.017 vs. -1.000 exp vs. -5.100 prev.
Distillates: -0.020 vs. 0 exp vs. 1.560 prev.
Cap/Util: 87.50% vs. n/a exp vs. 85.60% prev.
TTN: Live News Special Offer
tokyo ginko 20:35 GMT April 1, 2014
Pipshunter
Nice place on stops.
Mtl JP 20:07 GMT April 1, 2014
CNBC HFT Debate
I was hoping for a hint on how to convert it into $$$
GVI Forex john 19:51 GMT April 1, 2014
CNBC HFT Debate
JP- It is always valuable to understand how the markets you trade in work.
Mtl JP 19:43 GMT April 1, 2014
CNBC HFT Debate
pray tell what is the worth in watching it - how do u play it for posi-points ?
GVI Forex Blog 19:33 GMT April 1, 2014
AUD and NZD
Reply
Risk appetite remained strong despite the mixed bag of global economic data during the past day. US manufacturing PMI disappointed but construction spending and small business sentiment beat expectations. Eurozone unemployment edged lower. The Shanghai Composite closed up 0.7%, Eurostoxx 50 up 0.8%, and the S&P500 is currently up 0.5%.
Australia & NZ Morning Thoughts
Livingston nh 18:53 GMT April 1, 2014
CNBC HFT Debate
GOOD luck in court w/ this BS - since Galileo telescope gave advantage to incoming >>> - get a life -- it's the way the world works
GVI Forex john 18:10 GMT April 1, 2014
Your Best Trade Today
S&P all-time high coming in today WAS 1883.97. HOD now [email protected] 1884.60 (new all-time intra-day high). Now hatching for a close above old intra-day high to confirm. Recall USDJPY closely correlated to S&P.
Jerusalem Kb 17:49 GMT April 1, 2014
Pipshunter
Buy Crude
Entry: 99.65 Target: 100.75 Stop: 99.20
Bought
GVI Forex john 17:48 GMT April 1, 2014
HFT debate
all done.
GVI Forex john 17:34 GMT April 1, 2014
HFT debate
Reply
Debate on CNBC has ground markets to a halt
Amman wfakhoury 17:33 GMT April 1, 2014
AUDUSD .9231
9236 is wfakhoury directional level... and .9231 is the confirmed level.
so will consider 9236 to know the next direction.
FR 17:22 GMT April 1, 2014
AUDUSD .9231
and 1 hr bar is related to 0.9236 or 0.9231??
as you said that after closing below 0.9231 is way for 0.9185.
but 0.9236????
May i know it in details.???
Amman wfakhoury 17:18 GMT April 1, 2014
AUDUSD .9231
you can add any decline below .9236 will return to it.
FR 17:14 GMT April 1, 2014
AUDUSD .9231
thank you....
always have a good luck.
Amman wfakhoury 17:08 GMT April 1, 2014
AUDUSD .9231
Reply
FR 16:38 GMT 04/01/2014
0.9231 was confirmed early in the morning and already reached . now back again to 0.9269 unless 1 hr bar closed below 0.9231 then 0.9185 will be reached.
Cambridge Joe 16:39 GMT April 1, 2014
EURJPY 100 pips move
kt abel 16:07
Yea.... woe is me.... a bad hair day for me. :-(
Still.... some days I do better.
GVI Forex john 16:15 GMT April 1, 2014
Fixed Income Snapshot
Late in European trade, prices in fixed income markets are mostly mixed following a slew of mixed manufacturing PMIs today. The next major event will be ECB meeting on Thursday, Today has developed into a mild "risk-on" session with the odds of monetary tightening seemingly starting to fade from view.
European equities are ending higher. The peripheral European bond prices are mixed. U.S. equities are up. The U.S. 10-yr was last at 2.75%, +1 bp.
jkt abel 16:07 GMT April 1, 2014
EURJPY 100 pips move
Joe i told you to follow the master sell your farms and buy eurjpy! it is confirmed!
PAR 15:13 GMT April 1, 2014
EURJPY
Reply
HFT going for stops in EURJPY above 143,00 .
USDJPY on track for 105,00 as Japans twin deficits hurting the currency .
london red 15:13 GMT April 1, 2014
Yen
Reply
Big hurfle 103.65/80. If overcome then 104.50/105 likely soon. Not sure it does before nfp. Can see a retrace to 103.10/20.
PAR 15:05 GMT April 1, 2014
Yellen Stories
Reply
Central bankers never tell the whole story .
Interest rates as a tool to help unemployed with a criminal record ? There are other tools for that .
Yahoo Finance Results
Yellen’s Real-Life Examples of Unemployed Omit Criminal Records
finance.yahoo.com/news/yellen-real-life-examples-unemployed-040100061.html
In her first speech as Federal Reserve chair, Janet Yellen told the stories of three people who had trouble finding work to illustrate her concern about the unemployed -- omitting the fact that two had criminal records that might have influenced employers' decisions on whether to hire them. One was Dorine Poole, who lost her job processing medical insurance claims when the recession hit. "When ...
GVI Forex john 14:37 GMT April 1, 2014
Calendar -- Daily Forex Data News
Reply
April 1, 2014 (global-view.com) UPCOMING DATA HIGHLIGHTS for wednesday, April 2.
Updated: Trading News Events Calendar
HIGH IMPACT NEWS RELEASES: US- ADP Jobs, Factory Orders
- Far East: No Major Data.
- Europe: EZ- PPI.
- North America: US- Weekly Mortgages, ADP Jobs, Factory Orders, Weekly Crude.
GVI Forex john 14:18 GMT April 1, 2014
Your Best Trade Today
The Mfg PMIs are all out. Below find my SUBJECTIVE evaluations of the majors broken down by region...
Summary of March Mfg PMIs
Far East
AU- Weak
CN- Mixed but weak
JA- Weaker but in uptrend
JA- Tankan weak
Europe
EZ- Weaker, but in a rising trend
DE- Weaker, but in a rising uptrend
FR- Rising sharply from very weak level
CH- Weaker within a stabilizing pattern
GB- Weaker off its peaks
North America
CA- Better in a broadly flat pattern
US- Markit: Weaker in a rising pattern
US- ISM: Modestly better in a weakening pattern
Amman wfakhoury 13:46 GMT April 1, 2014
EURJPY 100 pips move
Amman wfakhoury 08:01 GMT 04/01/2014
142.80 confirmed will be reached.
any decline below 142.45 will return to it.
so we are in up ..buy and add buy if decline
______________________________________
142.80 reached
GVI Forex john 13:44 GMT April 1, 2014
Your Best Trade Today
for those following the stock correlations, S&P opening higher . Last 1878 +7, USDJPY correlation has been close all day with no significant divergences.
Intra-Day cash market all-time high is 1884 only about 6pts away.
GVI Forex john 13:26 GMT April 1, 2014
Yellen
CB- good point. I like Yellen but acting or sounding like a politician does not sit well with me.
dc CB 13:15 GMT April 1, 2014
Yellen
But I thought that the Chair of the Federal Reserve was not supposed to be a POLITICIAN?
+++++++++++++++++++++++++++++++++++++++++++++++
Politicians commonly tell real-life stories to connect with voters and illustrate policy proposals. While the images can be powerful, there are risks.
“Real-people examples are very powerful and they’re very dangerous at the same time,” Roy said. “When you’re talking about the Fed, people have no idea what the Fed does. If you can relate it to Main Street and real people it can be very powerful.”
Yellen’s Real-Life Examples of Unemployed Omit Criminal Records
London Misha 13:15 GMT April 1, 2014
Observations
Reply
EURUSD - Follow on to Bullish Harami on Daily Chart.
USDJPY - Follow on to Bullish Long White Marubozo with 1st close over recent 50% Fib & on recent Downtrend on Daily Chart.
GBPUSD - 6th White Soldier on Daily Chart.
USDCHF - Indecisive Spinning Top (though lower) after indecisive Doji on Daily Chart.
EURGBP - Long Legged Bearish Harami but it can also be seen as an indecisive Spinning Top on Daily Chart.
AUDUSD - Follow on to Bearish Harami on Daily Chart but fails & now has possible Bullish Engulfing Pattern. New high for 2014!
USDINR - Bullish Harami but also 2nd close below key 50% Fib at 60.09, all on Daily Chart!
USDZAR - Bearish Engulfing Pattern on Daily Chart & 3rd close below Medium MA - but no follow through as yet!
USDBRL - Bullish White Soldier after indecisive Spinning Top after 6 Black Crows in a row on Daily Chart!
Amman wfakhoury 13:01 GMT April 1, 2014
EURUSD 70-80 pips move
Amman wfakhoury 07:07 GMT 04/01/2014
ready to move 70-80 pips.
we have 13815 confirmed from yesterday.
we have 13775 as return level if decline below it.
so we are in up.
Buy and add buy if decline
_______________________________
13802 and 13815 reached
nw kw 12:23 GMT April 1, 2014
EURJPY
112-124-132-142-neext fib 76.4 at 152so target 147.4
nw kw 12:10 GMT April 1, 2014
EURJPY
EUR European Central Bank Rate Decision (APR
04/04
nw kw 11:58 GMT April 1, 2014
EURJPY
did see chart is same as last year 04/04 spike up
FR 11:54 GMT April 1, 2014
EURJPY
Nw please see the chart and get it well who is in and where.
dc CB 11:50 GMT April 1, 2014
Your Best Trade Today
ZH:
Yesterday was window dressing day (facilitated at just the right time by Yellen's most dovish commentary to date) not only for the hedge fund and vacuum tube community, but also for banks, which as we reported received a record $242 billion in Treasurys from the Fed via an all time high reverse repo. Which means that today, as the repo unwinds, the system will be flooded with over $100 billion.
This brings us to the topic of what stocks may do today - while futures are already solidly in the green, perhaps on the abysmal Japanese Tankan results, or China's Schrodinger economy, which has been growing and contracting ever since 2012, and posted PMIs that both beat and missed, or maybe it was the record high Italian unemployment reported overnight - will likely focus on just one thing: how to frontrun April performance in the first millisecond of trading.
"Best Month For Stocks" Begins With Modest Overnight Futures Levitation
Cambridge Joe 11:38 GMT April 1, 2014
EURJPY
Thank you !
nw kw 11:35 GMT April 1, 2014
EURJPY
did see exporters are in and carry trade for bid
FR 11:30 GMT April 1, 2014
EURJPY
The outlook for EURJPY is positive above 142.00 and today’s risk-limit is below 141.40.
The pair managed to return above the intraday ascending channel support after trading positively yesterday, supporting the general uptrend, eying 145.65 areas. The negativity on momentum indicators might cause temporary fluctuations before resuming the general uptrend that requires stability above 141.40.
Cambridge Joe 11:25 GMT April 1, 2014
EURJPY
FR 10:42
Could you be a little more specific please ?
You are short e/j yes ?
nw kw 11:14 GMT April 1, 2014
Your Best Trade Today
weak not crushed from fed. but usa rents are up so go bonds some growth he he add china QE
GVI Forex john 11:11 GMT April 1, 2014
Your Best Trade Today
In our Summary I notice the n=most frequently used word is "weak".
thoughts?
GVI Forex john 11:04 GMT April 1, 2014
Final Global PMI's Mixed to Weaker than Expected. More PMIs Today and Thursday
Summary of March PMIs so far
Far East
AU- weak
CN- mixed but weak
JA- weaker but in uptrend
JA- Tankan weak
Europe
EZ- Weaker, but in a rising trend
DE- Weaker, but in a rising uptrend
FR- Rising sharply from very weak level
CH- Weaker within a stabilizing pattern
GB- Weaker off its peaks
FR 10:59 GMT April 1, 2014
AUDUSD Way for Trading
Reply
The AUDUSD completed a major bottoming formation, in the form of an inverse head and shoulders pattern through breaking the neckline of the pattern around 0.9090.
The breakout of the pattern extended to reach 0.9280-resistance level, near the potential ascending resistance for the rising channel shown on the daily chart, where we have seen some hesitation recently, as price formed a minor shooting star candle, hinting there could be potential for a downside pullback.
For further confirmation, waiting for a break back below 0.9215-short term support level could confirm this pullback scenario, targeting a retest of the broken neckline of the pattern and the support region among 0.9130-0.9090.
Note that even if we witness a bearish correction, the bullish outlook shall remain intact, as the ideal target of the Inverted head and shoulders is near 0.9500.
Alternatively, if price managed to take 0.9280-level, the rally may extend further and delay any downside pullback, targeting 0.9385 and 0.9435
Mtl JP 10:58 GMT April 1, 2014
Your Best Trade Today
tax hike from 5% to 8% is not a 5% increase.
rather, it is a 60% increase
nice IF you can get it, nasty ugly YOU the one having to pay it.
the visionary numbuts that Abe is will skewer his citizenry with a hike to 10% sales tax level (a 25% hike from the 8% level) in October 2015 again.
GVI Forex john 10:51 GMT April 1, 2014
Your Best Trade Today
We posted part the RBA text because they continue (indirectly) to talk down the AUD. Its unusual, but it happens, for a central bank to talk down its currency. Note below that Chinese PMI data were weak. A slowing Chinese economy is a weight on Australian growth and a negative for the AUD.
GVI Forex john 10:45 GMT April 1, 2014
Reserve Bank of Australia
Reply
EARLIER...
Monetary policy remains accommodative. Interest rates are very low and savers continue to look for higher returns in response to low rates on safe instruments. Credit growth is slowly picking up. Dwelling prices have increased significantly over the past year. The decline in the exchange rate from its highs a year ago will assist in achieving balanced growth in the economy, but less so than previously as a result of the rise over the past few months. The exchange rate remains high by historical standards.
Looking ahead, continued accommodative monetary policy should provide support to demand, and help growth to strengthen over time. Inflation is expected to be consistent with the 2–3 per cent target over the next two years.
In the Board's judgement, monetary policy is appropriately configured to foster sustainable growth in demand and inflation outcomes consistent with the target. On present indications, the most prudent course is likely to be a period of stability in interest rates.
Statement by Glenn Stevens, Governor: Monetary Policy Decision
FR 10:42 GMT April 1, 2014
EURJPY
Reply
We are going to get few pips in EURJPY .
GVI Forex john 10:39 GMT April 1, 2014
Your Best Trade Today
Nice correlation in the S&P to USDJPY pair today.
Check out Tankan chart below, the final item on the chart is the respondents FORECAST for the readings for early July. Clearly there a lot of worry about the impact of a 5% sales tax increase that went into effect today. Many seeing the economy weakening in response to it. The JPY is weaker vs. the USD and EUR as a result.
Cambridge Joe 09:39 GMT April 1, 2014
Plough your own furrow...
Reply
jkt abel 09:23 Why the need to follow anyone ????
I'm ST long cable for 6661
ST Long oil for 101.68
ST short e/j for 42.18
Plainly, all can / might crash and burn.... but I live with the consequences.
GLGT.
jkt abel 09:23 GMT April 1, 2014
Do you like cherry and peach
great, the master has spoken, come on guys, happy cherrypicking still 20-30 pips to be grabbed for eurjpy from master's entry
GVI Forex john 09:21 GMT April 1, 2014
Fixed Income Snapshot
Reply
Early in European trading hours, prices in prime fixed income markets are mixed to lower as mixed PMI data are being released. As of this hour, today this looks to be shaping up as "risk-on" session, as equities in the Far East closed mildly poasitive and European shares are gaining. Peripheral European bond prices are mostly higher. U.S. equity futures are stronger following dovish Yellen comments on Monday.
Amman wfakhoury 08:52 GMT April 1, 2014
Do you like cherry and peach
Reply
jkt abel 08:03 GMT 04/01/2014
follow wfakhoury guys, sell your farms and buy eurjpy now! :)
___________________________
Dont worry we are in safe..and will buy the farm of our neigbour as he has cherry and peach trees.
we are in buy eurjpy aroun 142.50 ...if it decline will add another buy and exit both at 142.45.
london red 08:41 GMT April 1, 2014
March 2014 Manufacturing PMI
uk manu pmi dipped but still pretty much at 3 year high, so taken into perspective not too bad. still you feel that while 16688 caps, we may need to revisit 16605 again. while on upside i dont expect to see 16740/50 taken, quite possibly into nfp on friday.
GVI Forex john 08:10 GMT April 1, 2014
March 2014 EZ- Final MFG PMI
EZ, GE and FR final Mfg PMI. Germany revised down. France up from flash estimates...
jkt abel 08:03 GMT April 1, 2014
EURJPY 100 pips move
follow wfakhoury guys, sell your farms and buy eurjpy now! :)
Amman wfakhoury 08:01 GMT April 1, 2014
EURJPY 100 pips move
Reply
142.80 confirmed will be reached.
any decline below 142.45 will return to it.
so we are in up ..buy and add buy if decline.
GVI Forex 07:58 GMT April 1, 2014
German PMI
Reply
GERMANY FINAL MARCH MFG PMI 53.7; FLASH 53.8; FEB 54.8- RTRS
NY Bob 07:54 GMT April 1, 2014
Views please
Reply
wfakhoury sir! your views on current eurjpy and gold please.
Johannesburg HvW 07:45 GMT April 1, 2014
GBPJPY 100 pips move
Much appreciated Mr.Wfakhoury.
Continued success to you.
GVI Forex 07:42 GMT April 1, 2014
UK PMI
Reply
Quotes from Lloyds Bank:
-Today's UK manufacturing PMI wil l provide the latest assessment of domestic growth prospects. Despite both softer production and new orders indices, the headline PMI index rose to 56.9 in February from 56.6. The rise reflected an acceleration in the pace of hiring as some firms reported signs of capacity constraints.
-While this suggests activity remains robust, preliminary readings of international manufacturing sentiment suggest activity softened in March. We expect this to be reflected in the UK manufacturing PMI and look for a small drop to 56.8 from 56.9.
-However, even at this level it is consistent with a solid quarterly rise in manufacturing output of around 1%. Official figures have recorded average growth of around 0.7% in the past three quarters and we expect a similar outturn in Q1.
Source: FXWire Pro - Research & Analysis
jkt abel 07:39 GMT April 1, 2014
buy euro, sell usd
Reply
took profit on half here 1.3792 for +79pips, rest still running with open target, stop at BE
jkt abel 08:11 GMT March 28, 2014
EURUSD 13715 confirmed: Reply
i am in, first buy euro 1.3713 (1.3650-1.3720 buy zone) will add later within the buy zone
stop for this strategy is 1.3563
Amman wfakhoury 07:38 GMT April 1, 2014
GBPJPY 100 pips move
Reply
GBPJPY ready to move 100 pips
172.06 wfakhoury directional level. and price consolidates on it
if 1hr bar close above it then we are moving up
if close below it then we are moving down.
you can buy..but you have to change your postion according the close of 1 hr bar .
Johannesburg HvW 07:20 GMT April 1, 2014
GBP/JPY
Reply
Good morning Mr.Wfakhoury,
Please be kind enough to give us your views on the G/J this morning.
Thanking you in advance.
Continued success to you.
Amman wfakhoury 07:07 GMT April 1, 2014
EURUSD 70-80 pips move
Reply
ready to move 70-80 pips.
we have 13815 confirmed from yesterday.
we have 13775 as return level if decline below it.
so we are in up.
Buy and add buy if decline
GVI Forex 02:49 GMT April 1, 2014
RBA
Reply
RBA decision due set 03:30 GMzt
GVI Forex 02:30 GMT April 1, 2014
China
Reply
HSBC CHINA MARCH FINAL PMI 48.0 VS FLASH 48.1; FEB 48.5
Hong Kong AceTrader 01:50 GMT April 1, 2014
AceTrader April 1: Intra-Day Market Moving News and Views USD/JPY
Reply
Intra-Day Market Moving News and Views USD/JPY
01 Apr 2014 01:21GMT
USD/JPY - 103.31... BoJ's Kuroda says 'BOJ's QE policy have intended effects; Japan is smoothly following path to 2% price target; will escape deflation, no matter what problems arise.'
China Mar manufacturing PMI came in at 50.3, better than the forecast of 50.1.
00:59GMT
USD/JPY - 103.21... Japan chief Cabin secretary Suga says 'Japanese economy is beginning to regain confidence; to look at July-Sept economy in deciding to 10% sales tax.'
Japan PM Shinzo Abe says 'will watch economy, continue with flexible fiscal policy, as sales tax increase is implemented.'
BoJ official says 'drop in BoJ Tankan sentiment outlook indexes for big and small firms exceed those seen at time of previous sales tax hike in 1997.'
Japan FinMin Taro Aso says 'JGB yields won't jump because of high quality of bonds and Japan sales tax hike important to ensure gov't credibility; was referring to gov't credibility to fix public finances; Tankan shows Abenomoics is helping economy improve.'
While Japan EconMin Amari says 'March Tankan figure reflects current state of economy; Tankan outlook reflects demand concern after sale tax; Abe to decide on 10% sale tax after Econ. data in Dec; wants to minimize drop in demand as much as possible.'
many more chart points
We are starting an affiliate program to market some of our products.