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Forex Forum Archive for 01/05/2015

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


gc sf 23:44 GMT January 5, 2015
Rouble 6.4% Drop Monday
Reply   
From Reuters

Brief Story on Rouble

gc sf 23:40 GMT January 5, 2015
Asia
Reply   
$Yen - see buying @27 28 29 -- stops on break of 20 targeting 118.52 54 56 59

GBP - selling initially up @63 65 69 -- but they now turned long @52/50 .. no target yet.

EUR - no range trading this year - only breakout trading till the market changes .. no position at the moment.

Trading is disabled till almost the end of NY Monday - due to Mondays being the most unreliable time for my strategies to trade.

in terms of Profit Generated - 1. $Yen 2. GBP 3. EUR

AUDNZD - have several models trading this -- if there is any interest will post those as well.

Looking at the trades $Yen seems 20-25 // 60-65 .. above 60-65 is needed to stop a test down to mid 118... once the support gives away.

Mtl JP 23:29 GMT January 5, 2015
Fed might not raise rates in 2015: Bill Gross

but but... BUT it supposed to be like a multi-billion tax cut, freeing the middle class to spend on whatever something else sacre blue

dc CB 23:23 GMT January 5, 2015
Fed might not raise rates in 2015: Bill Gross

JP
I'd think the worry might be the derivatives based off Oil Prices, that lordy lordy, Congress and the Pres just plopped in the lap of Mr and Mrs Saver. 'Dis would not play well during the Campagne Season if it all blew Up.

Citi for one OWES a "favor". Shorts Killer Raid in in the cards, timing ?

Remember Remember the 15th of October...Flexing the Muscles

Mtl JP 23:14 GMT January 5, 2015
Fed might not raise rates in 2015: Bill Gross

CB 23:04 - the saudis and whoever is goading them might be chagrined to find themselves in an out-pumping pissing contest with Iran and Russia. surprise surprise

dc CB 23:11 GMT January 5, 2015
Fed might not raise rates in 2015: Bill Gross

ruh roh!
Shorts...start wearing chain mail undies... The O and his boys be aimin' at your OH. You be messin' wid Da Dream.

White House monitoring drop in oil prices, stocks

dc CB 23:04 GMT January 5, 2015
Fed might not raise rates in 2015: Bill Gross

one major factor in the USD recent rise is the unwind of the Carry Trade, specifically the OIL/USD trade. Borrow $$ at Zed% and
Buy Crude, which canno' canno' canno' drop below $70....and "we've" written a ton-o-bondish type vehicles that won't trigger until ....OMG WTF HOLY SHEITE...$49....

Turn THOSE MACHINES BACK ON...WE OWN THOSE MACHINES

dc CB 22:50 GMT January 5, 2015
Fed might not raise rates in 2015: Bill Gross

wm Banzai7

Time Magazine?

Mtl JP 22:49 GMT January 5, 2015
Fed might not raise rates in 2015: Bill Gross



Jay here is a technical level I have been harping on about for last few days heading out into 2015.

Play the level correctly and you will probably make out like a bandit.
There is no might or might not about it when it comes to positioning for making a filthy rich killing.

your view is not only welcome but will probably be watched

dc CB 22:44 GMT January 5, 2015
Fed might not raise rates in 2015: Bill Gross

Bill Gross. Why does he still get a Platform to talk his book?

GVI Forex Jsy Meisler 22:36 GMT January 5, 2015
Fed might not raise rates in 2015: Bill Gross

JP, it might not mean anything now but if rate hike expectations get pushed out it would impact the dollar so keep it on your blotter.

Mtl JP 22:33 GMT January 5, 2015
Fed might not raise rates in 2015: Bill Gross

might ... might not ..
as useful a trade insight as purpose of nipples on a male

Syd 21:54 GMT January 5, 2015
Fed might not raise rates in 2015: Bill Gross
Reply   
The Federal Reserve could find itself challenged to raise U.S. interest rates this year as global growth remains sluggish and inflation subdued, closely watched bond investor Bill Gross said on Monday.

"With the dollar strengthening and oil prices declining, it is hard to see even the Fed raising short rates until late in 2015, if at all," said Gross, who oversees the Janus Global Unconstrained Bond Fund, in a collection of investment views posted online by Janus Capital Group.

Belgrade TD 21:50 GMT January 5, 2015
Daily TA trade

Buy Crude
Entry: ~49.9 Target: >80 Stop: NA

starting to build oil positions, right now ... I add more if falls further ... long, long-term position :)
PS. and Happy New Year !

GVI Forex john 21:34 GMT January 5, 2015
Global-View Trading Systems
Reply   


USD Pivot Points, Support and Resistance Levels. Chart Point tables. Chart icon stores in browser tab.


Using Pivot Points in Forex Trading:
A Simple but Effective Trading System





GVI Forex john 21:19 GMT January 5, 2015
CURRENT CONDITIONS: Risk-Off





GVI Forex john 21:04 GMT January 5, 2015
Chart Points - Free FX Database
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.

GVI Forex john 20:57 GMT January 5, 2015
Commitment of Traders Report
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





Paris ib 20:08 GMT January 5, 2015
The situation is such that it would be difficult to find a majority in the German parliament for con

“If we were merely dealing with the law of averages, half of the events affecting our nation's well-being should be good for America. If we were dealing with mere incompetence, our leaders should occasionally make a mistake in our favor. We . . . are not dealing with coincidence or stupidity, but with planning and brilliance.”
-Gary Allen

Paris ib 20:05 GMT January 5, 2015
CURRENT CONDITIONS: Risk-Off

John the 10 year area is not as important as the shorter end, where most of the debt is parked. 1 to 3 year yields have hardly fallen at all today and are sharply higher on a year earlier. Which is worrying for the U.S. IMVHO.

NY JM 20:03 GMT January 5, 2015
The situation is such that it would be difficult to find a majority in the German parliament for con

Lehman is an example of the Law of Unintended Consequences. Beware what you wish for if there is a Grexit as the contagion risk is great even if it never materializes.

Dillon Al likened it to opening Pandora's Box.

GVI Forex john 19:59 GMT January 5, 2015
CURRENT CONDITIONS: Risk-Off

2.00% in the 10-yr at risk? last 2.039% -7.3 bp

Paris ib 19:58 GMT January 5, 2015
Stocks with Money Supply Falling

Yes Jay. I see no need to rush. Prefer USD/JPY in this environment in any case. :-)

GVI Forex Jsy Meisler 19:56 GMT January 5, 2015
Stocks with Money Supply Falling

ib, it is a risk that bears watching but hard slog for the EURUSD given the clouds hanging over it.

Paris ib 19:52 GMT January 5, 2015
The situation is such that it would be difficult to find a majority in the German parliament for con

Towards populism and extremism.... well when you have no alternative (and we are being given no alternative) then that's what we'll end up with. And I'm not so sure that this is not the end result desired by certain elements. It doesn't have to be this way, people don't want this... and yet. So you draw your own conclusions.

SnP down nearly 2%. No respite.

GVI Forex Jsy Meisler 19:51 GMT January 5, 2015
The situation is such that it would be difficult to find a majority in the German parliament for con

Syd, see your email

Paris ib 19:49 GMT January 5, 2015
Stocks with Money Supply Falling

Jay... yes I saw that. So far we haven't had much fall out. Early days though. :-)

Syd 19:45 GMT January 5, 2015
The situation is such that it would be difficult to find a majority in the German parliament for con
Reply   
Populism and Extremism

Furthermore, the anti-euro party Alternative for Germany (AfD) would be almost certain to profit. Indeed, it is already doing all it can to benefit from new elections in Greece. "The current state crisis in Greece finally offers the country the possibility to pull the emergency brake and exit the euro zone," says party leader Bernd Lucke. "That should trigger a change of course from Ms. Merkel." The oft-claimed success of efforts to save the euro, Lucke continues, is a "fairy tale." "Currently, the majority of the Greek people strictly reject the austerity measures and policies being demanded of their country." He says that the Greeks could have been spared much suffering "had the AfD demand to allow Greece to leave the euro zone been followed earlier."

Nevertheless, a Grexit would be anything but cheap. Technically, such an exit would become reality were, for example, the ECB to refuse to supply more money to Greek banks due to insufficient reserves or were Athens to no longer receive sufficient money from the bailout fund or from capital markets to cover expenses. In such a situation, the government would be forced to print its own currency, the new drachma. But Greece's euro debts would remain. Some 80 percent of those debts are held by the ESM, the ECB, the IMF and individual partners in Europe. Were Greece to introduce a new -- and devalued -- currency, it seems unlikely that Athens would be able to service or pay down those debts. The result would be that creditors, Germany first and foremost, would be forced to write down their claims.
Indeed, the legendary investor George Soros has been warning for some time now that the European financial crisis has long since begun morphing into a political crisis. "Everyone knows that (Greece) can never pay back its debt," Soros told SPIEGEL in an interview at the end of 2013.

But because debt relief is not politically palatable, Soros believes the current situation is comparable with that which followed World War I. At the time, France contributed to the rise of Adolf Hitler with its insistence on astronomical reparations from Germany. "The Golden Dawn in Greece is a similar development," Soros said. The trend, he added, is clear: Toward populism and extremism.

Syd 19:42 GMT January 5, 2015
Grexit Grumblings: Germany Open to Possible Greek Euro Zone Exit
Reply   
There was a time when Germany feared the consequences were Greece to leave the euro zone. Now, though, with Greek elections approaching, Chancellor Angela Merkel is willing to accept a "Grexit" should a new leftist government in Athens demand concessions.

Eliminating the Weakest Link

GVI Forex Jsy Meisler 19:38 GMT January 5, 2015
Stocks with Money Supply Falling

ib, John posted this earlier:

GVI Forex john 14:53 GMT January 5, 2015
CURRENT CONDITIONS: Risk-Off: Reply
Before yearend, a risk-off posture limited the USD upside.

GVI Forex john 19:33 GMT January 5, 2015
CURRENT CONDITIONS: Risk-Off

wti touches $49.83...

Paris ib 19:16 GMT January 5, 2015
Stocks with Money Supply Falling

It's gonna be hard to maintain the fiction of this fabulous economic recovery with stocks taking a hit..... and where stocks go the USD follows.

Paris ib 18:53 GMT January 5, 2015
Stocks with Money Supply Falling

Correction: bourgeoisie.
Who as it happened has stopped listening to the news because she no longer believed any of it.

Paris ib 18:44 GMT January 5, 2015
Stocks with Money Supply Falling

Still think the ultimate answer is civil disobedience. Or rather civil non participation. Don't go to their schools, don't work for their corporations, don't vote, don't read their newspapers, don't listen to their news.... etc. etc.

a while ago I was having a chat with a French Real Estate Agent who said (and I quote): what if we all didn't vote, what would they do then? This is middle class French bourgeosie talking !! I think everyone is so pis.sed off.

So basically "don't" everything and start something else because this is just bullsh.it.

Paris ib 18:36 GMT January 5, 2015
Stocks with Money Supply Falling

CB - brilliant !!

dc CB 18:28 GMT January 5, 2015
Stocks with Money Supply Falling

ib

i posted this link this past weekend, don't know if you caught it.
5 mins. Control thru confusion.

BBC's Adam Curtis On The "Contradictory Vaudeville" Of Post-Modern Politics

FW CS 18:24 GMT January 5, 2015
Stocks with Money Supply Falling

Ib
it would be unlike the cb to not print their way out of those contracts. Would be a heck of a money contraction to let them unwind those at a loss. Maybe not necessarily Tarp 2.0 but some type of monetization I think.

Paris ib 18:20 GMT January 5, 2015
Stocks with Money Supply Falling

CS - they could. They won't.

Paris ib 18:20 GMT January 5, 2015
Stocks with Money Supply Falling

Plus, let's be honest, the 'system' is engineered so that no-one has any time to stop and think. And when they do stop they just want to be zombies in front of the box. The Zombie Apocalypse is now. And the people next to you are the zombies. Did you ever see that film clip with Nicole Kidman? So appropriate.

Don't Show Emotion

FW CS 18:16 GMT January 5, 2015
Stocks with Money Supply Falling

Paris ib
the fed can just pass tarp 2.0 and voila the taxpayer pays for the banks losses. Good to be a bank.

Paris ib 18:14 GMT January 5, 2015
Stocks with Money Supply Falling

CB - lol
Jeez the North Korean despot thing killed me. What a fantastic marketing ploy. You gotta laugh.
What they really missed is the bank bail in news....
But seriously this is a worldwide phenomenon. People just want to sit and watch the sit coms and feel comfortable with their government and their 'leaders'. Everywhere they resist any information which interferes with that posture. Boiling frogs.

dc CB 18:09 GMT January 5, 2015
Stocks with Money Supply Falling

hey the AmeriKun peoples were too busy with the Interview and that damn NoKorean despot to notice any of this.

Paris ib 18:02 GMT January 5, 2015
Stocks with Money Supply Falling

You'd think that these morons looking to take a geopolitical poke at Russia by pushing the OIL price down would FIRST examine what kind of exposure their own banks have to related derivative risk. But no. Who knows? Maybe the morons want the world financial system to collapse so we can all be reduced to fleas and hair shirts.... and therefore be that much more vulnerable and controllable by the aforementioned morons and their little friends. I would not be the slightest bit surprised if that indeed were the case.

dc CB 17:50 GMT January 5, 2015
CURRENT CONDITIONS: Risk-Off

Citigroup, or rather its FDIC-insured Citibank National Association entity.....
Citi not only increased its total derivative holdings by $1 trillion in Q2, but by a whopping, and perhaps even record, $9 trillion in the just concluded third quarter to $70.2 trillion!

Why Citigroup And Congress Scrambled To Pass The Swaps "Push-Out" Rule

Israel Dil 17:40 GMT January 5, 2015
Some Fun for the New Year

The RBL to trade sub 35 vs. USD and either vs. EUR

Israel Dil 17:38 GMT January 5, 2015
Some Fun for the New Year

I plan to buy roubles huge this quarter starting within days. At least two dozen % of gain from the worst entry. multi front trade.

MM

dc CB 17:33 GMT January 5, 2015
CURRENT CONDITIONS: Risk-Off

but falling oil is "good" for the economy
30Y yield flirting with the 2.5% handle.

Emini

Paris ib 17:31 GMT January 5, 2015
Stocks with Money Supply Falling

And then there is the derivative question, with a lot of banks exposed by the fall in the OIL price...... this is going to get better. If you define better as much worse.

Bank Risk, Oil and Derivatives

Paris ib 17:18 GMT January 5, 2015
Stocks with Money Supply Falling
Reply   
"So either another stock market scare is coming, and soon, or the economy has finally achieved the fabled escape velocity in which it can grow under its own power without help from performance-enhancing monetary drugs. We should know the answer soon."

Stock Market Scare is Here

GVI Forex john 17:06 GMT January 5, 2015
CURRENT CONDITIONS: Risk-Off


5 January-- 17:10 GMT- Current Market Conditions
Markets are ending in Europe in a RISK  OFF posture at the start of the  first full trading week of the year. The EURUSD took a major tumble at the start of Far East trading, hitting as low as 1.1868 before stabilizing above 1.1900.. The EUR is lower on its major crosses. UK Construction PMI data missed market estimates.

In Far East trade, equities closed mixed and bond yields fell. European equities have fallen and 10-yr bond yields are mixed. Peripheral bond yields are higher. U.S. equities are lower. !0-yr yields have fallen.






The heat map color scheme of interest rates reflects yields.

Weekly Trading Planner Top Items (GMT):  

calendarBe sure to refer daily to the Global-View Economic Calendar For key items (actual data, selected charts, etc.) as they are released.

nw kw 16:51 GMT January 5, 2015
CURRENT CONDITIONS: Risk-Off

usd/mxn still in bull camp 14.9666, monthly chart in play oil can keep this trend strong

GVI Forex Blog 16:41 GMT January 5, 2015
Global Markets News
Reply   
European equity markets closed at their lows today, with the DAX down 2.7%, the CAC off more than 3% and the FTSE down 1.7% after some weekend saber-rattling by German Chancellor Merkel

TradeTheNews.com Mid-Session US Market Update: Greece Fears Spook Global Markets

Paris ib 16:31 GMT January 5, 2015
Some Fun for the New Year

After you listen to that guy the temptation is to buy Roubles physically !!

Paris ib 16:29 GMT January 5, 2015
Some Fun for the New Year
Reply   
This is probably the most bearish report I've heard in a while. Listen to Peter Koenig.... not fun but interesting.

Financial Risks in 2015

GVI Forex Blog 16:17 GMT January 5, 2015 Reply   
HIGH IMPACT NEWS RELEASES: EZ, GB- Service PMIs,US- Service PMIs. Factory Orders

GVI Forex Data Outlook for January 6, 2015

GVI Forex john 16:14 GMT January 5, 2015
BREAKING NEWS



January 5, 2015 (global-view.com) UPCOMING DATA HIGHLIGHTS for Tuesday, January 6, 2015. Updated: Trading News Events Calendar

HIGH IMPACT NEWS RELEASES: EZ, GB- Service PMIs,US- Service PMIs. Factory Orders

  • Far East: No Major Data
  • Europe: EZ, GB- Service PMIs
  • North America: US- Service PMIs. Factory Orders, Weekly Energy


Dillon AL 16:13 GMT January 5, 2015
USDJPY

Yes I understand that Jay but the majority who try pivot trading cannot perceive an (perfect) entry of 8 away plus spread plus a few extra for hesitation. That means they are dealing with in this case 15 pips away from the cluster support you so rightly pointed out hence my no cigar comment below

GVI Forex Jsy Meisler 16:07 GMT January 5, 2015
USDJPY

Al, I look for clusters of support or resistance and S2 coincides with the top of my next support.

Dillon AL 16:04 GMT January 5, 2015
USDJPY

Pointing out that the pivot came close is great for thems that need understanding as to why a certain price action occurs but imho no cigar Jay. 8 pips plus bid/offer spread for most short term traders means they either missed the buy entry for the bounce or else failed to take profit for an earlier short or maybe had a late short that perhaps now is off side having failed to get closer to either of above scenarios

Pivot trading as originally taught in the pits is actually quite precise and is not about more or less because a 10 pip slippage is more than many short term traders can bear. For those who have the ability to manage multiple entries then yes that 10 pip slippage is neither here nor there but these latter guys probably have a longer timeframe than the former guys and probably have deeper pockets as well.

GVI Forex Jsy Meisler 15:54 GMT January 5, 2015
USDJPY

S2 = 119.30 and my 119.25-30 support vs. 119.38 low (current bid 119.60)

Paris ib 15:47 GMT January 5, 2015
One for the Gold Bugs
Reply   
"No matter how strange it may seem, but right now, Putin is selling Russian oil and gas only for physical gold....

For reference: the turnover of the market of paper gold, only of gold futures, is estimated at $360 billion per month. But physical delivery of gold is only for $280 million a month. Which makes the ratio of trade of paper gold versus physical gold: 1000 to 1."

That is about the same ratio in Foreign Exchange Market. Foreign Exchange trading annually is estimated at about 1000 times annual global GDP. So there is a lot of funny b.uggers stuff going on but when the s.hit hits the fan.... truth will out.

2015 should be a very interesting year. Good luck everyone. ;-)

Chess Anyone?

GVI Forex Jsy Meisler 15:46 GMT January 5, 2015
USDJPY



JPY one hour chart

PAR 15:12 GMT January 5, 2015
Lower prices are good
Reply   
Spain Retail sales are rising while prices came down . Consumers like lower prices and buy more when prices come down .

Draghi is completely wrong by trying to fight lower prices as this could lead to a real depression as consumers will stop buying completely when prices rise .

There is no deflation in Europe as you see how many prices went up on january 1, 2015.

GVI Forex john 15:03 GMT January 5, 2015
CURRENT CONDITIONS: Risk-Off

wti 50.75 -1.95

GVI Forex Jsy Meisler 15:02 GMT January 5, 2015
USDJPY
Reply   
As posted earlier on GVI Forex:

Monday's Trading Outlook
GVI Forex Jsy Meisler 14:21 GMT 01/05/2015 - My Profile
USDJPY playing the devil role

I show one hour support 119.25-30, 118.84 is a key level on multiple time frames.

Needs to hold 119.50 to keep a focus on 120+.

GVI Forex john 15:00 GMT January 5, 2015
CURRENT CONDITIONS: Risk-Off
Reply   
falling USDJPY leading S&P lower.

GVI Forex john 14:53 GMT January 5, 2015
CURRENT CONDITIONS: Risk-Off

Before yearend, a risk-off posture limited the USD upside.

GVI Forex john 14:46 GMT January 5, 2015
CURRENT CONDITIONS: Risk Off?

U.S. 10-yr 2.084% -2.8bp
S&P -18
DJ -150

FW CS 14:15 GMT January 5, 2015
oil and gold

Israel
nice call on euro you also made a call to sell when euro near 1.40. I am expecting euro to fall to 1.08 or so by mid year. But medium term do you think 1.1875 holds?

msa nsm 13:49 GMT January 5, 2015
First time
Reply   


Sell EURAUD
Entry: Target: Stop:

First time to hit 500 + pips on a single trade and target not achieved yet, set at 1000 +.

GVI Forex Jsy Meisler 13:37 GMT January 5, 2015
Don't Call Me Harry Hindsight
Reply   


It is easy to prove a point or show that a system works when you look at a chart with hindsight. I prefer real time examples but sometimes there are exceptions and this is one of them. I have written about how to use retracements in your trading and the price action over the holiday period into the New Year is a good example of how to use my trading tip. This is not a Harry Hindsight article but one that you should pay attention to as I will explain below.

Don't Call Me Harry Hindsight

GVI Forex john 13:06 GMT January 5, 2015
BREAKING NEWS

flash December German HICP falls as expected. EZ flash HICP due Wednesday


GVI Forex john 13:00 GMT January 5, 2015
BREAKING NEWS

German HICP (CPI) flash December 2014




NEWS Alert
mm: 0.00% vs. 0.20% exp. vs. 0.00% prev.
yy: 0.20% vs. 0.20% exp. vs. 0.60%
+0.60% prev.


TTN: Live News Special Offer




jkt abel 12:55 GMT January 5, 2015
EUR/USD This is the top

zeus, this is the bottom? 1.1777?

USA ZEUS 12:40 GMT January 5, 2015
EUR/USD This is the top



Second price target complete for 21+ figures locked in at 1.1888 with SAR for a swing higher.

GVI Forex Blog 12:37 GMT January 5, 2015
Global Markets News
Reply   
- The Greek election on January 25 has increased uncertainties with "Grexit" talk circulating; Euro bounces from 9-year lows hit in Asia - Oil prices continue slump with both WTI and Brent at fresh 5 year lows - German State inflation data saw steady MoM readings but lower annual pace - Euro Zone Jan Sentix confidence registers its first positive reading in 5 months

TradeTheNews.com EU Mid-Market Update: Inflation data remains in focus in preparation of upcoming ECB meeting this month

London London 12:04 GMT January 5, 2015
Check our signals service for 8 days free
Reply   
Sell USDCAD
Entry: 1.17968 Target: +55 Stop: -55

Visit us for mor information.


Posted with permission of global-view.com

forex signals

GVI Forex john 11:58 GMT January 5, 2015
Global-View Trading Systems

EURUSD
Pivot 1.2038 (would need to be breached to change market's tone)
S3 (5% trade) 1.1862 (LOD 1.1868 on my feed)

Its not a pivot point, but the 1.1900 line is an obvious psychological level to monitor.

GVI Forex john 11:51 GMT January 5, 2015
Global-View Trading Systems
Reply   


USD Pivot Points, Support and Resistance Levels. Chart Point tables. Chart icon stores in browser tab.


Using Pivot Points in Forex Trading:
A Simple but Effective Trading System





nw kw 11:06 GMT January 5, 2015
oil and gold

which gold you shod be looking at xjpy,xeur,xgbp,xaud are at breakout resistance

Israel Dil 10:37 GMT January 5, 2015
oil and gold
Reply   
selling oil and buying gold raised many smiles here time ago.... gold is only 4% up since then and oil nears 60% down. ... beginners luck

GVI Forex john 10:28 GMT January 5, 2015
CURRENT CONDITIONS: Mixed Risk
Reply   

5 January-- 10:20 GMT- Current Market Conditions
Markets are ending in Europe in a MIXED  OFF posture at he start of the  first full trading week of the New Year. The EURUSD took a major tumble at the start of trading today in the Far East, hitting as low as 1.1868 before stabilizing above 1.1900.. The EUR is lower on its major crosses. Construction PMI data from the UK missed market estimates.

 In Far East trade, equities closed mixed and bond yields fell. European equities are mixed ans 10-yr bond yields are higher. Peripheral bond yields are higher. U.S. equities are lower. !0-yr yields are steady.






The heat map color scheme of interest rates reflects yields.

GVI Forex john 09:50 GMT January 5, 2015
BREAKING NEWS

Swiss PMI December 2014





Earlier Data News

64.0 vs. 53.0 exp. vs. 52.1 prev.


TTN: Live News Special Offer


Direct links to primary data sources

EARLIER: Swiss PMI beats expectations.

Hong Kong AceTrader 09:46 GMT January 5, 2015
AceTrader Jan 5: Intra-Day Market Moving News and Views (GBP/USD)
Reply   
Intra-day Market Moving News and Views

05 Jan 2015 09:35GMT
GBP/USD - ...... Although the British pound resumed its recent losing streak adn fell in tandem with euro to a fresh 16-month low at 1.5185 in Australia, price pared its losses and rallied to 1.5320 at Asian open on active-short covering.
Renewed buying emerged at 1.5273 ahead of European open and lifted the pair to 1.5320 again before retreating marginally due to the release of poor UK construction PMI data.

UK construction PMI came in much weaker-than-expected at 57.6 vs forecast of 59.0.

Offers are now seen at 1.5310/20 and more above at 1.5330/40 with stops building up above there whilst initial bids are noted at 1.5240/50, suggesting selling on recovery is still the favored strategy.

GVI Forex john 09:45 GMT January 5, 2015
BREAKING NEWS

Japan final PMI December 2014




EARLIER NEWS ALERT
52.0 vs. 52.1 (flash) exp. vs. 52.1 prev.

Markit PMI Press Release



TTN: Live News Special Offer


Japan Charts

EARLIER: Final Japanese PMI. flash PMI revised down slightly...

GVI Forex john 09:37 GMT January 5, 2015
BREAKING NEWS

Another miss for U.K. data..

GVI Forex john 09:36 GMT January 5, 2015
BREAKING NEWS

UK Charts=> http://goo.gl/qhfE28

U.K. Charts

U.K. Construction PMI weaker than forecast.Still at a high level..


GVI Forex john 09:31 GMT January 5, 2015
BREAKING NEWS

Construction PMI December 2014

U.K. Charts





-- NEWS ALERT --

57.6 vs. 59.0 exp. vs. 59.4 prev.



TTN: Live News Special Offer

Direct links to primary data sources

Central Kwun 09:29 GMT January 5, 2015
EURUSD Big drop

thx a lot! Master

Amman wfakhoury 08:59 GMT January 5, 2015
EURUSD Big drop

for the time being consolidates at 1196 no direction yet.
mostly going down 1185

Central Kwun 08:52 GMT January 5, 2015
EURUSD Big drop

Sell Gold
Entry: Target: Stop:

wfakhoury master, any direction on gold pls?

Amman wfakhoury 08:45 GMT January 5, 2015
EURUSD Big drop
Reply   
Amman wfakhoury 15:21 GMT December 2, 2014
EURUSD big drop: Reply
Unless 1 hr bar closed above 12415.
200-300 pips drop is coming.

---------------------------------------------
My last amendment on my system Profitmaker is the LOST TRACK , which makes in every order profit ...last signal confirmed that.

The only one in the world who confirms the next level


PAR 08:19 GMT January 5, 2015
Structural Reforms and hard work
Reply   

German 2014 Employment At Record High



1/5/2015 2:30 AM ET



German employment reached a record high for the eighth consecutive year in 2014, a report published by Destatis said Monday.

An average of 42.598 million persons were employed in 2014, up 372,000 or 0.9 percent from the previous year.

"Both net immigration of foreign labour and a generally higher inclination towards workforce participation are expected to have contributed to this development, too, " Destatis said.

PAR 08:01 GMT January 5, 2015
Draghi
Reply   
Draghi really starts to ressemble the prototype of any postwar Italian central banker whose only objectif is to devalue the currency, impoverish the population and then leave the sinking ship.

KL KL 07:24 GMT January 5, 2015
News?

out the rest audusd long here .80619...calling it a day until the Boyz from Wall street come online......or DRAGHI.....LOL

KL KL 07:24 GMT January 5, 2015
News?

out the rest audusd long here .80619...calling it a day until the Boyz from Wall street come online......or DRAGHI.....LOL

HK [email protected] 07:08 GMT January 5, 2015
NZD/USD
Reply   


Now at Monthly-100Sma(0.75555), a break of which may lead to a sharp drop to 0.6570.

KL KL 05:59 GMT January 5, 2015
News?

and covering again here 3/5 audusd Long... .80485...think about the rest or add more....so hard...that is why posting when trading is so hard...decision can change from buy to Sell at the blink of an eye for NINJA KL.....

....so g'nite....busy....need to focus and always DYOR.....take profit...pull trigger or post some Frightening News here for some LOL.....like maybe Audusd .793 stops in play or .785 HUGE KO Options being looked into just like Eurusd....by who knows....maybe rocket to .818 due to safety of the Aussie economy??....LOL

KL KL 05:38 GMT January 5, 2015
News?

...and not be afraid to pull trigger like Long AUDUSD Now.... .8039...relentless..... its a chicken little moment.....DFM, DLTM, DYOR, imvho and gl gt..... LOL

need the LOL too to spice up the trade....LOL

Minneapolis DRS2 03:28 GMT January 5, 2015
News?

KL KL 02:19

"...taking profit is still King regardless what the price is..."

Truer words were never spoken. Never be afraid to take profit, no matter what the price...

KL KL 02:19 GMT January 5, 2015
News?

out another 1/5 eurusd long here 1.19605...leave the rest at 1.09339.....save every pip I can for another CARNAGE tonight...or tomorrow...or who knows....just tell us the trade entry position... and the cover....taking profit is still King regardless what the price is....LOL

Mtl JP 02:09 GMT January 5, 2015
Brace for troubles in the Far East

current brent at 55.90, wti 2 pennies above 52
-
Oil Falls to 5 1/2-Year Low as Russia, Iraq Boost Output bbrg jan 3 2015

..."Oil output in Russia and Iraq surged to the highest levels in decades in December, according to data from both countries’ governments. "...

and the Saudis continue their b/s that they hold the aces.

Plano MM 02:02 GMT January 5, 2015 Reply   
Sell GBPAUD
Entry: 1.8860 Target: unk Stop: 1.8885

D1 trend is pointing down, set sell alarm at 1,8860, verify sell entry with GBP weakness or AUD strength using The Forex Heatmap®. Longer trends are still pointing higher so manage profits by scaling out lots.

Hong Kong AceTrader 01:57 GMT January 5, 2015
AceTrader Jan 5: Intra-Day News and Views (EUR/USD) & data to be released today
Reply   
Intra-Day Market Moving News and Views

05 Jan 2015 01:16GMT

EUR/USD - ..... Although the single currency moved quietly above last Friday's fresh 4-1/2 year low of 1.2001 in NZ, price tumbled in thin Australian morning to a near 9-year bottom of 1.1861 (EBS).

Some cited selling to w/end euro-bearish news. Reuters reported the German gov't believes that the euro zone would now be able to cope with a Greece exit if that proved to be necessary, Der Spiegel news magazine reported on Sat, citing unnamed gov't sources.

Both Chancellor Angela Merkel n FinMin Wolfgang Schaeuble believe the euro zone has implemented enough reforms since the height of the regional crisis in 2012 to make a potential Greece exit manageable, Der Spiegel reported.

"The danger of contagion is limited because Portugal and Ireland are considered rehabilitated," the weekly news magazine quoted one gov't source saying.

In addition, the European Stability Mechanism (ESM), the euro zone's bailout fund, is an "effective" rescue mechanism and was now available, another source added. Major banks would be protected by the banking union.

It is still unclear how a EZ member country could leave the euro and still remain in the European Union, but Der Spiegel quoted a "high-ranking currency expert" as saying that "resourceful lawyers" would be able to clarify.

According to the report, the German gov't considers a Greece exit almost unavoidable if the leftwing Syriza opposition party led by Alexis Tsipras wins an election set for Jan. 25.

German Fin Min Schaeuble has already warned Greece against straying fm a path of economic reform, saying any new gov't would be held to the pledges made by the current Samaras gov't.

Data to be released this week:

Japan manufacturing PMI, Germany retail sales, CPI, HICP, Swiss manufacturing PMI, UK construction PMI and U.S. ISM New York index on Monday.

Australia exports, imports, trade balance, China services PMI, France consumer confidence, services PMI, Italy services PMI, Germany services PMI, UK services PMI, Canada producer prices, U.S. durable goods, factory orders, ISM non-manufacturing PMI and services PMI on Tuesday.

UK BRC shop price index, Halifax house price, Germany unemployment rate, Italy unemployment rate, EU inflation, unemployment rate, Canada exports, imports, trade balance, U.S. ADP employment, international trade and FOMC minutes on Wednesday.

Australia building approvals, Germany industrial orders, EU producer prices, retail sales, UK BoE rate decision and Canada new housing price on Thursday.

Australia retail sales, Japan leading indicator, Swiss unemployment rate, China CPI, PPI, Germany imports, exports, industrial output, trade balance, France exports, imports, industrial output, trade balance, UK industrial output, manufacturing output, trade balance, Canada building permits, unemployment rate, U.S. average earnings, non-farm payrolls, private payrolls, unemployment rate, wholesale inventories and wholesale sales on Friday.

Plano MM 01:49 GMT January 5, 2015

Reply   
Buy AUDNZD
Entry: 1.0555 Target: unk Stop: 1.0525

Set buy alarm at 1.0555, verify buy entry with AUD strength or NZD weakness using The Forex Heatmap®. THe D1 trend is crossing to the upside. The larger trends are down so manage profits by scaling out lots.

HK [email protected] 01:31 GMT January 5, 2015
There is some lean meat remained for target if you wish.
Reply   

HK [email protected] 20:20 GMT December 26, 2014
AUD/NZD : Reply
Buy AUDNZD
Entry: 1.0457 Target: 1.0650 Stop:

This pair sits now on a major long term support.

Is there anyone who likes to jump in and buy on Monday???

Livingston nh 01:08 GMT January 5, 2015
NZD/USD Crunching to 0.7500 target.

Try to imagine how insignificant the NXD/USD level is -- the EUR is imploding and the JPY is the subject of a silly 8 yr cycle (see inflation rates and real interest rate differentials) ??? - fade the trend at your peril

HK [email protected] 00:04 GMT January 5, 2015
NZD/USD Crunching to 0.7500 target.



NZ milk probably will be attractive at NZD=0.6700.

Meanwhile dairy farms in China are collapsing, as China milk is expensive compared to the imported one.

 




Actionable trading levels delivered LIVE to YOUR charts

GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium

Mon 27 May 2019
AAGB/US- Holiday
Tue 28 May 2019
A 14:00 US- Consumer Confidence
C 13:00 US- Case-Shiller
Wed 29 May 2019
A 08:55 DE- Employment
AA 18:00 US- BOC Decision
A 18:30 US- EIA Crude
Thu 30 Mar 2019
AAEZ/CH- Holiday
A 12:30 US- Weekly Jobless
Fri 31 Mar 2019
AA 10:00 EZ- Flash HICP
A 12:30 US- Personal Income, Spending, Deflator
AA 14:00 US- Final Univ of Michigan


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