Livingston nh 23:57 GMT January 19, 2016
Oil heads to 19$/pbl
ACC - good point but the more foreclosure/bankruptcy actions result in cheaper assets for buyers so breakeven drops more -- a $55 breakeven could go as low as $45 // the real risk is a new US administration that is carbon friendly (no do-gooders allowed) and maybe protectionist, i.e., import tariff on oil
Of course nobody believes in protectionism anymore but ....
Mtl JP 23:55 GMT January 19, 2016
Oil heads to 19$/pbl
shutting wells also means no barrels of oil sold ie no cash flow however meager to pay if only interest on creditor / bank loans ...
Sydney ACC 23:35 GMT January 19, 2016
Oil heads to 19$/pbl
I'd look for the banks foreclosing on the more leveraged drillers as a sign that we may be nearing a bottom.
At some of the prices being bandied about its likely some drillers won't be able to meet their covenants.
Foreign nationalised drillers are another matter entirely.
HK RF@ 22:58 GMT January 19, 2016
Oil heads to 19$/pbl
Livingston nh
Indeed, producers will be forced eventually to shut wells, or the wells will shut them, until clearing excess from markets.
Shutting wells means no income, against losses resulting from keeping their systems operational.
The lowest oil may reach on Tech. for me is 5$/Pbl, which is a price squeeze on the exchange only.
More I do expect, is a sudden collapse in gold prices, as a result from cash starved states and individuals affected by drop in crude prices.
If on top of that, Stox will continue to decline,it will add more selling pressure on gold.
Livingston nh 22:35 GMT January 19, 2016
Oil heads to 19$/pbl
RF - oil as energy is in its sunset years -- for more than a year the market has been populated with Bagholders and Bargain Hunters (and that subset known as Bottom Pickers) -- the term you never hear from the analysts or economists is elasticity -- oil is inelastic - high price doesn't constrain consumption as much as say beef but neither does a low price encourage people to consume enough to take down excess supply
Until producers blink we will easily hit 19 // 10 is the panic cycle price that Bernanke aborted
HK RF@ 22:22 GMT January 19, 2016
Oil heads to 19$/pbl
Reply
At that level from the cost of view of production, price will turn negative for most if not all producing wells.
If there will be a bottom at 19$, is the big question, but this level may offer a rebound.
GVI Forex john bland 21:52 GMT January 19, 2016
BREAKING NEWS
New Zealand 4Q16 CPI
-- ALERT --
QQ: -0.50% vs. -0.20% exp. vs. +0.30% prev.
YY: +0.10% vs. +0.40% exp. vs. +0.40% prev.
TTN: Live News Special Offer
Hillegom Purk 21:13 GMT January 19, 2016
eur/cad SHORTS
Overshoot 160 + 2,00+ 2,00 MAKES 164?
GVI Forex john bland 21:07 GMT January 19, 2016
CURRENT CONDITIONS: Mixed Markets Late in NY
U.S. markets closing mixed but they are well below their highs made early in the day. You might say this was a "Risk-Off" close.
Israel Dil 20:42 GMT January 19, 2016
eur/cad SHORTS
your money PURK, but when trading vs. trend and HOD is firm and still not a trend reversal day then use some mathematics that apply to such case.
exactly as oil shown same case then will book little profit and will try again to catch the 10% reversal day when it's due ;-)
Hillegom Purk 20:38 GMT January 19, 2016
eur/cad SHORTS
Euh Dil, i can not post all my trades, just like you, 15913/15923/15929 were not my only trades in this pair... Just to share some ideas...
Israel Dil 20:34 GMT January 19, 2016
eur/cad SHORTS
purk
because you try to be aware and fair I must tell you that you learn fast but forget faster what you just learned .... EUR/CAD 50pips = 16% of days range, if you paid attention to that then I am sure you could cash all for 50 pips at least ;-)
Hillegom Purk 20:29 GMT January 19, 2016
eur/cad SHORTS
Enough is enough. 15929/2 closed at 15875. Not bad trade at all.
Israel Dil 20:20 GMT January 19, 2016
USD sell off PART II
don't you trust the FED banksters to outsource the USD printing and ship it back to USA and even name that foreign/external funding?
Paris ib 20:18 GMT January 19, 2016
USD sell off PART II
How would I know? Without external funding the U.S. economy is in trouble. That's what we have now.
Israel Dil 20:16 GMT January 19, 2016
eur/cad SHORTS
purk
forget the 15940 few months thingy, 15870 is good place to cash the ahorts
Israel Dil 20:15 GMT January 19, 2016
USD sell off PART II
ib
do you mean that pension funds will go belly up soon and social unrest will spread widely (industrial) worldwide in Russian (Ukranian) borsht style?
Hillegom Purk 20:04 GMT January 19, 2016
eur/cad SHORTS
15913-15900 done. Left is 15929/2 at cost
Hillegom Purk 20:03 GMT January 19, 2016
eur/cad SHORTS
15929 half out at 15904. In: 15929/2 and 15913 full.
Paris ib 20:00 GMT January 19, 2016
USD sell off PART II
Don't matter.
Sooner or later it will become clear WHERE the problem is. And it's not China.
Israel Dil 19:54 GMT January 19, 2016
USD sell off PART II
ib
try not to underestimate today's happy hour effect about the stox ;-)
here it goes, or not
Hillegom Purk 19:51 GMT January 19, 2016
eur/cad SHORTS
Last high 15961, lets see if we can beat that! Would be nice, very streched at the momentito!
Israel Dil 19:49 GMT January 19, 2016
eur/cad SHORTS
keep it running for one hour then decide... ;-)
Hillegom Purk 19:48 GMT January 19, 2016
eur/cad SHORTS
too fast: 15929 in.
Paris ib 19:45 GMT January 19, 2016
USD sell off PART II
The U.S. is back from holiday and we are back to selling stocks and the USD. More to come.
GVI Forex john bland 19:36 GMT January 19, 2016
Tuesday's Trading Thread
March wti $29.63 -0.76. The February contract runs off tomorrow.
KL KL 19:28 GMT January 19, 2016
Short EURUSD
Reply
Doooomsh...top of the morning....Short relentless EURUSD here 1.09355......
Hillegom Purk 19:28 GMT January 19, 2016
eur/cad SHORTS
15923-15899 done.
Hillegom Purk 19:23 GMT January 19, 2016
eur/cad SHORTS
Well we shall see: 15923 in. Stop 160,50. Just to trade a lot....
Israel Dil 19:21 GMT January 19, 2016
eur/cad SHORTS
I don't think it will go above 1.5940 for the coming months at least
FWIW
Mtl JP 19:20 GMT January 19, 2016
PREVIEW: Bank of Canada Wednesday At 15:00 GMT
heeeeeerrre comes Justin
Trudeau government considering immediate $1-billion stimulus for hard-hit Alberta, Saskatchewan
The move is part of a decision to prioritize new infrastructure in the two provinces because the impact of the oil-price shock is strongest there, government sources told Bloomberg
Hillegom Purk 19:17 GMT January 19, 2016
eur/cad SHORTS
Reply
Starting small, at 15913. several parts.
Mtl JP 19:17 GMT January 19, 2016
PREVIEW: Bank of Canada Wednesday At 15:00 GMT
ya Poloz - go negative
-
Canadian households now owe $171 for every $100 of disposable income, the most indebted of any Group of Seven nation, budget watchdog says
Israel Dil 19:12 GMT January 19, 2016
crude
Reply
LONG !!!!
STOP 20c below days low
GVI Forex john bland 17:51 GMT January 19, 2016
Tuesday's Trading Thread
US 10-yr 2.029% -0.9bp
setting up for return to a "1" handle? Risk-off
End of 2015 highs 2.30% when the Fed was going to hike four times this year. March hike now almost completely priced out.
PAR 17:12 GMT January 19, 2016
BREAKING NEWS
Trying to hit Russia by lowering the oil price is coming back like a boomerang .
PAR 17:09 GMT January 19, 2016
BREAKING NEWS
Imho US economy - which invested $ billions in oil production - is hit like the oil exporting countries by the falling oil prices . Oil importing countries like China, Japan and most European countries on the other hand are benefitting from lower oil prices . A lower oil price will be $ negative and if the $ drops enough oil prices will go higher again .
london red 16:27 GMT January 19, 2016
BREAKING NEWS
nice looking wick on daily s&p candle. if can hold these levels into close (or lower) sets up for a solid 50 pt downside test by end of week. whether they hold down there is another matter.
despite risk on greens this morning mkts feel quite risk off, even yen couldnt draw a bull trap over 118 let alone establish itself up there.
Belgrade Knez 16:16 GMT January 19, 2016
US Army World Tour
Reply
http://clip2net.com/s/3t7mYKT
and then people say Russia is the one invading the world! .... ha ha
GVI Forex 15:30 GMT January 19, 2016
ECONODAY Calendar -- United States
Reply
A bright spot in the economy has been the housing sector which takes center stage in this week's holiday-shortened calendar. The housing market index comes out on Tuesday and is expected to show a gain as are housing starts on Wednesday, both benefiting from warm weather. Permits, however, are expected to ease back from prior strength. Existing home sales on Friday are expected to surge, reversing prior weakness that was tied to new closing rules. Outside of housing, consumer prices are a major release with moderate pressure once again seen for the core rate, one that would contrast with mostly soft readings for other inflation gauges. The Philly Fed is out on Thursday and if it should prove as weak as the prior week's Empire State report, expectations for the factory sector may slip further. Thursday's data on initial jobless claims, however, may garner the most attention as the sample week matches that of the January employment report.
Mtl JP 15:04 GMT January 19, 2016
BREAKING NEWS
Canadians who boght a house in arizona few yrs bak trying to dump it now
GVI Forex john bland 15:02 GMT January 19, 2016
BREAKING NEWS
another housing number miss...
GVI Forex john bland 14:53 GMT January 19, 2016
Tuesday's Trading Thread
March
wti $29.80 -0.59
brent 28.84+0.29
Oil dragging S&P lower after report Iran cuts its oil prices.
--TTN
LDN mac 14:44 GMT January 19, 2016
EURGBP
Reply
GBP on the back foot after Carney once again warns market that rate hikes are not on the horizon. Looking to buy EURGBP on a break back to .7620 area as long as EUR is not collapsing.
Maribor 14:37 GMT January 19, 2016
GBPJPY
Wrong and out with loss.
Maribor 14:22 GMT January 19, 2016
GBPJPY
Reply
My guess this moment marks beginning of few hundred pips uptrend on GBPJPY (now 167,5)...probably on GBP too.
Shall see...
Livingston nh 14:21 GMT January 19, 2016
Canada may slash key rate to negative on collapsing oil prices
Pressure seems to be building on WTI (hrly) for a sharp drop as market seems to be adjusting for yesterday (and Brent levels - USD/CAD is rising on hrly so another test of 1.46
BoC hasn't done QE yet so maybe that comes w/ a rate cut
GVI Forex john bland 13:32 GMT January 19, 2016
HIGH IMPACT EVENTS
Reply
WEEKLY HIGH IMPACT NEWS:
19-Jan Tuesday
21:45 NZ- CPI
20-Jan Wednesday
09:30 GB- Employment
13:30 US- CPI
13:30 US- Housing Starts/Permits
15:00 US- BOC Decision
21-Jan Thursday
10:00 EZ- final HICP
12:45 EZ- ECB Decision
16:00 US- Weekly Crude
22-Jan Friday
All Day flash PMIs
09:30 GB- Retail Sales
13:30 CA- Retail Sales
13:30 CA- CPI
Hillegom Purk 13:01 GMT January 19, 2016
Ozmond longs
Ozmond longs
Hillegom Purk 07:55 GMT 01/19/2016 - My Profile
Hillegom Purk 12:43 GMT January 15, 2016
Ozmond longs: Reply
Was very patient, and the 66 of Percy is nearing, but this level is fine too. risk is 58..
Long 6868.
------------------------------------
1/4 out at 6912. rest on 6870. Trust to add lower and lower. Yet 70 can be reached as well.
Oily boily longs are working, but shorts are not gone yet....
Market is not a logical one it is a buy and sell thingy that gets it up and down...
______________________________________
Another 1/4 out at 6934.
Rest stays at 6870.
london red 12:49 GMT January 19, 2016
BREAKING NEWS
*should not see
london red 12:43 GMT January 19, 2016
BREAKING NEWS
cable. prev low 14226, a daily close below there opens up 140xx a zone many mt positions targeting. on a daily close below 14226 we should see a close back abv 14370/80 if still to see 140xx.
Hillegom Purk 12:23 GMT January 19, 2016
oily boily ranges (Brent crude oil)
Reply
Right, 29,22-30,54. Normal range 1,5-3 still. So 30,54-29-28,50, or 29,22-30,50-31...
Still not convinced with this upmove. Longs stay at b/e
Mtl JP 12:14 GMT January 19, 2016
BREAKING NEWS
rokstar confirming a ccy war however subtly
GVI Forex john bland 12:11 GMT January 19, 2016
BREAKING NEWS
Carney comments hitting GBP.
GVI Forex john bland 12:09 GMT January 19, 2016
BREAKING NEWS
BOE's Carney
-- Now not the time for a rate rise
-- Downside Risks to economy remain
-- Rate increases will be gradual, limited when they start
Mtl JP 12:05 GMT January 19, 2016
BREAKING NEWS: China GDP in Line With Estimates
The International Monetary Fund cut its global growth forecasts for the third time in less than a year on Tuesday, citing a sharp slowdown in China trade and weak commodity prices that are hammering Brazil and other emerging markets.
bali sja 11:51 GMT January 19, 2016
Monday's Trading Thread
purk, shouter wanted oil to go down hard, you wanna play with that?
Hillegom Purk 11:30 GMT January 19, 2016
Monday's Trading Thread
Hillegom Purk 11:36 GMT January 18, 2016
Monday's Trading Thread: Reply
Oily boily longs.
___________________________
Closing some, and the rest on b/e.
Not sure we have ourself a blast cooking market down and up case here....
HK RF@ 11:00 GMT January 19, 2016
Canada may slash key rate to negative on collapsing oil prices
Reply
The Bank of Canada may cut its key interest rate this year to zero and possibly go negative to compensate for falling crude prices, according Barclays analysts quoted by Bloomberg.
The Bank of Canada is expected to cut its overnight target rate 25 basis points to 0.25 percent on Wednesday and to zero during 2016.
�Risks are tilted toward further easing, which would imply negative rates. The experience of countries like Switzerland, Sweden, Denmark and the euro area has taught central banks that zero is not the lower bound,� the experts said.
The last cut in interest rates to 0.5 percent took place in June. Falling oil prices, a slowing Chinese economy and weak domestic economic data were the main reasons.
In October, Central Bank governor Stephen Poloz said the effective lower boundary for Canada was about minus 0.5 percent, raising the possibility of negative interest rates.
"The odds of hitting the lower bound have obviously gone down if now you can go to minus 0.5 percent," he told Reuters.
The collapse in oil prices has sent the Canadian dollar to its lowest level against the US dollar in twelve years.
LINK
HK RF@ 10:48 GMT January 19, 2016
Oil market could �drown� in oversupply, IEA warns
Reply
The selloff in oil could get even worse in 2016, as the energy market grapples with excessive oversupply, a strong dollar and a weak global economy, the International Energy Agency has warned.
In its monthly oil report released Tuesday, the energy watchdog warned that the market is poised for a third straight year of supply exceeding demand, due to those factors. That will lead to �enormous strain� on the system�s ability to absorb the pressure, it said.
�While the pace of stock building eases in the second half of the year, as supply from non-OPEC producers falls, unless something changes, the oil market could drown in oversupply,� the IEA said in the report. �It could go lower.�
The end of sanctions allows Iran to once again start selling its oil on the international energy markets. The IEA said Iran is expected to add around 300,000 barrels a day of additional crude by the end of the first quarter and about 600,000 barrels by mid-year. This would offset the expected 600,000 drop in supply from producers outside of OPEC.
This means global oil supply could exceed demand by 1.5 million barrels a day in the first half of 2016, the IEA said.
�Some analysts argue that the easing of sanctions on Iran is already �priced in� to the market,� the energy body said. �However, if Iran can move quickly to offer its oil under attractive terms, there may be more �pricing in� to come. Time will tell.�
LINK
GVI Forex Jay Meisler 10:39 GMT January 19, 2016
Tuesday's Trading Thread
Risk on day with some chatter that weak China data will lead to more stimulus.
JPY selling is the main focus and logical flow, note vs commodity currencies. Watch USDJPY 118 as the risk indicator.
EURUSD failed just below 1.0908 but key support is not until 1.0835 and to put it in perspective it is about unchanged vs irs 2015 close
PAR 10:21 GMT January 19, 2016
BANCA MONTE dei PASCHI
This has nothing to do with China. China looks well regulated compared to this mess .
PAR 10:18 GMT January 19, 2016
BANCA MONTE dei PASCHI
Reply
European supervisors sleeping at the wheel .
Fraude , corruption . Nobody going to jail . Invraisembable .
Story has been going on for years. Draghi again planning to use European taxpayers money to pay for crimes ?
GVI Forex john bland 10:13 GMT January 19, 2016
BREAKING NEWS
Earlier UK CPI/RPIX
mm +0.1% vs 0.0% exp
yy +0.20% vs+0.2% exp
RPIX+1.3% vs +1.1% exp
CN 4Q GDP yy +6.8.6% vs +6.8% exp
GVI Forex john bland 10:08 GMT January 19, 2016
BREAKING NEWS
I am having internet issues working via my phone. Please bear with me.
GVI Forex john bland 10:06 GMT January 19, 2016
BREAKING NEWS
Reply
German ZEW
Current Situation 59.7 vs 53.1 exp
Expectations 10.2 vs 8.0 exp
london red 09:29 GMT January 19, 2016
Tuesday's Trading Thread
cable. lt fib 14372/81. if on a squeeze. if beaten on hourly close 14444. stops on mt shorts likely over 145/146 (mine is). watch reaction if data weaker y/y.
Saar KaL 08:41 GMT January 19, 2016
USDCAD...would not be surprised
AUDUSD...can not be a better a buy then these days... IMO near the lowest it can be for years...expect 1.01+ in 4 years
avg 0.7251 0.7043
1 sigma 0.7403 0.6896
2 sigma 0.7554 0.6756
3 sigma 0.7706 0.6621
Hillegom Purk 07:55 GMT January 19, 2016
Ozmond longs
Hillegom Purk 12:43 GMT January 15, 2016
Ozmond longs: Reply
Was very patient, and the 66 of Percy is nearing, but this level is fine too. risk is 58..
Long 6868.
------------------------------------
1/4 out at 6912. rest on 6870. Trust to add lower and lower. Yet 70 can be reached as well.
Oily boily longs are working, but shorts are not gone yet....
Market is not a logical one it is a buy and sell thingy that gets it up and down...
london red 07:51 GMT January 19, 2016
Tuesday's Trading Thread
cable. mkt likes history and may follow yest play to set up short cable on current hourly candle into cpi. risks are on downside to cpi given commodities falls.
London 07:50 GMT January 19, 2016
New Signal
Reply
Sell AUDUSD
Entry: 0.69200 Target: +65 Stop: -65
Check our verify account by Myfxbook.
130% profit
Posted with permission of global-view.com
Forex signals
sydney 07:07 GMT January 19, 2016
Global-View Trading Technologies
Hi, I'm Jennifer Brooklyn, a Professional Forex Fund Manager. I'm really happy because finally I can join this forum, so I would like to be friends with all of you. Thank you.
Sydney ACC 04:15 GMT January 19, 2016
AUD/USD
Reply
Are we getting close to AUD/USD being a long-term buy.
AUD/USD is currently in the mid 68 US cent range holding up at 0.6835 which was tested yesterday and again to today.
Using data extracted from the RBA website at the end of each calendar month AUD was floated in December 1983 AUD/U SD has traded below 65 US cents on 65 occassions since the AUD was floated in December 1983. The average over this same period is 76 US cents.
The period between 30 April 1998 and 30 April 2003 accounts for 56 of these occurrences. For much of that time short-term Australian interest rates were lower than those in the US. The historical low point in this data series was 0.4923 recorded on 30 September 2001.
The gap between the two rates can therefore be rather large.
Hong Kong 03:08 GMT January 19, 2016
AceTrader Jan 19: Intra-Day Market Moving News and Views (USD/JPY)
Reply
19 Jan 2016 02:13GMT
USD/JPY - ...... Dlr continues yesterdays gain in Asian trading as recovery in Asian stocks has boosted risk sentiment and a wave of renewed broad-based selling in yen vs usd, eur, gbp and aud is seen, the release of expected weak China GDP did not spook investors, suggesting consolidation with upside bias remains.
Bids are noted at 117.30-20 and more below with stops touted below 117.00.
On the upside, offers are tipped at 117.70/80 with some stops above 118.00.
Market is paying attention a slew of important economic data due out Tuesday with China 2015 Q4 annual GDP to come in at 6.8%, U.K. will release key inflation data for Dec, Germany will release ZEW economic sentiment, euro zone will release final Dec data.
nw kw 01:42 GMT January 19, 2016
Tuesday's Trading Thread
gold on the move can spin off in to fx , gl.
PS- get tem pips"""""""""""""""""""
nw kw 01:32 GMT January 19, 2016
Tuesday's Trading Thread
jay will have infuse new blood whit a trading program that bring all level's traders..
nw kw 01:26 GMT January 19, 2016
Tuesday's Trading Thread
ac-dc @ CB we can send comment's to gold room and have a day trading contest whit a winners pot.
GVI- transform into hottest thing on net.
PS- split 80- 30 for me,?
nw kw 01:15 GMT January 19, 2016
Tuesday's Trading Thread
Forex john add eur /aud to chart for pivets or do you have tham for I need the pips/
dc CB 00:37 GMT January 19, 2016
Tuesday's Trading Thread
don't know if any here caught the irony of last nites Democratic Debate...hosted by NBC. One of the 3 "reporters" posing questions was Andrea Mitchell.------------Alan Greenspan's Wife.
dc CB 00:21 GMT January 19, 2016
Tuesday's Trading Thread
Headlines we'd like to see.
*Trump sez he'll force GE (Jeff Imelt CEO) to make all those fridges and cooking ranges in the MidWest.
* Trump sez all you schmatta sellers got to move your "factories" back to the US.
dc CB 00:11 GMT January 19, 2016
Tuesday's Trading Thread
on the day when the Brits debate whether to ban Donald Trump from entering the country...(whot about Tony Blair---oh ye he lives there).
****Trump Says He�ll Make Apple Build Its Products in U.S.
There goes the DOW, NAZ, and SnP. LOL
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