'dc' 'CB' 23:13 GMT February 4, 2016
BREAKING NEWS
oh, and beyond sheep herd management, he had a decent pedigree himself. Uncle Siggy taught me much about the human condition, which I turned into a lucrative carreer 'splainin' to Corporations How to sell their wares(crap if U ask me, but I'm just a well, very very very very very well paid SNOB). Focus Groups dat was the Money Maker...
Bernays was by two branches of his family tree the nephew of psychoanalysis pioneer Sigmund Freud. His mother was Sigmund's sister Anna and his father was Ely Bernays, brother of Freud's wife Martha Bernays. In 1892 his family moved to New York City,
HK RF@ 23:05 GMT February 4, 2016
He is just bankrupt; 10$ tax per barrel is just an excuse to collect.
Reply
Lot of scientists world wide are working on energy solutions, sometimes on private financing.
Alternative energy researches, are a hot item for long time, especially the race for Fusion Energy.
This 10$ tax per barrel is just an excuse to steal money from US citizens to finance deficits.
Ok! Now prepare for oil to drop another 10$
'dc' 'CB' 23:02 GMT February 4, 2016
Thinking Ahead To Friday Morning
london red 22:50
my vote goes to the Aussie Shiraz....
see how the AM plays out. putting the Euro...got to March to prove Zeus right.
116.52 and Bounced on my platform
Need to start a Signal Service...Got a Name for it: Twice Lied---The Magic of the Double Fib
Cheers
'dc' 'CB' 22:52 GMT February 4, 2016
BREAKING NEWS
Fed's Meister:
Sorry man, I got it Wrong
It's Gilbert and THE GIANT GRAPE.
Not what I said before, back then, when I PreDICK-ted the Recovery Raise Rates Cauze It's All Good.
No forget that. It's Eeyore time guys ...prepare for it...hug it and y'll sleep sound...don't let the bedbugs bite....hahahahah
Eeyore: pessimistic, gloomy, depressed, anhedonic, old grey stuffed donkey. **
A. A. Milne....winnie the pooh
See US Presidential Elections: How to Approach the Voter. Edward Bernays*****
****Edward Bernays Class of 1912 Cornell University with a degree in agriculture(Sheep Herd Managment), but chose journalism as his first career.
'Sydney' 'ACC' 22:51 GMT February 4, 2016
Thinking Ahead To Friday Morning
Of more importance is the release of the Reserve Bank Monetary Policy Statement at the same time.
london red 22:50 GMT February 4, 2016
Thinking Ahead To Friday Morning
CB u know its never a good idea to take the house down as then nobody gets paid.
honourable or not, his reasons are known to himself, but that target audience is a whole lot of votes nationwide and they are easy votes. can you blame some folks for taking whats not theirs? if you allow them to then no you cant. mistakes were made long ago, who knows if they can be corrected.
'GVI 'john 22:26 GMT February 4, 2016
BREAKING NEWS
Fed's Meister:
-- Economy still on track for gradual Fed Rate rises
-- What Fed does determined by economy
-- Fed does not react to every swoon in market
-- Premature to change outlook now
'dc' 'CB' 21:49 GMT February 4, 2016
BREAKING NEWS
'Mtl' 'JP' 20:31 GMT
'GVI 'john 20:30 GMT
if you want to get a clue about what is diving all this then look up****** Valerie Jarrett*****....yeh even Google will send U to some links.
Everyday in every way telling the O what is a Great Idea...xxxxx is... or not so great....Born: November 14, 1956 (age 59), Shiraz, Iran
Great wine grape. I don't drink often. After a hard day of trading... it's an Austrailian Shiraz.
Yr TinHatSpecialist
'dc' 'CB' 20:43 GMT February 4, 2016
Thinking Ahead To Friday Morning
red
don't know if U caught the :30 spots I posted . but oddly enough the actually Approved ads pretty much lay out what's on the line.
Bernie Sanders: The Problem
https://www.youtube.com/watch?v=z4kcH42oxYw
Hillary Clinton: 25 Years
Featuring Eric Holder _ ya the AttnGen who utter the now famous words - Too Big To Jail....and prosecuted No One.
https://www.youtube.com/watch?v=P-aZpQE5bKM
===================
They once made a movie called CLUELESS:
Shallow, rich and socially successful Cher (Alicia Silverstone) is at the top of her Beverly Hills high school's pecking scale.
KL KL 20:38 GMT February 4, 2016
Short EURUSD
ok...covering 75% here before NFP....out @ 1.1200...could not chase it higher than 1.12235...so got to be happy with 20+ pips x heavy position...now lock the rest trailing to 1.12114...perhaps another visit above 1.123 come asia session....for those who shorted too early and now have to bear the Pain...Possible move to 1.136 chat and talk will emerge to add on to the pressure...its always either moving higher when I short or move Lower when I long.....LOL that is the nature of "Chief Cheap Talk" with No positional posting....or "Chief Noise Maker".....LOL
DYOR DFM DLTM...imvho...
ha ha ha Obama Lame duck President proposing a $10 a barrel tax......this Global Warming President is luckily on the outer...Lets hope his Wife don't go for President like Hillary....then we have this MESS we are in....LOL
'Livingston' 'nh' 20:32 GMT February 4, 2016
Thinking Ahead To Friday Morning
January has the worst Birth/death plug factor for the whole year (this number washes out thru April) - not a one to one effect on payrolls but is supportive in Feb Mar and April // I guess tomorrow about 230k, still looking for sub 5% rate in Q1 // risk of a reduction revision in Dec figs
You leave out the productivity anchors of teenagers and the adult population has an unemployment rate below 5% -- anyway Fed is hooked on inflation and not employment
With FI at these levels there is no room for upbeat info error because it will be very ugly
'Mtl' 'JP' 20:31 GMT February 4, 2016
BREAKING NEWS
Politico - 13 hours ago
President Barack Obama is about to unveil an ambitious plan for a �21st century clean transportation system.�
boowahahaha
'GVI 'john 20:30 GMT February 4, 2016
BREAKING NEWS
We need another high speed rail line between LA and Las Vegas. Yes that is going to fly!
\'GVI \'john 20:28 GMT February 4, 2016
BREAKING NEWS
White House wants oil companies to pay a $10 barrel fee to finance a new transportation scheme.
'dc' 'CB' 20:28 GMT February 4, 2016
Thinking Ahead To Friday Morning
as I've gone on this week...this is the most Politcal NFP of the Year---so far. So it's going to be Goldilocks as can be.
Remember the "fudge factor" as stated in the footnotes on the BLS page is +/- 100,000 for the report.
Reasons for this thinking: A sheitload of Party Primaries, including what is known as Super Tuesday...on March 1, will be held before the next NFP report in March.
Then there is the matter of Chairwoman Yellen's 3hr/day X 2 days Hot Seat...
WTF did you raise rates for you stupid (feminie related bad word), is not what she wants the Panel of Inquistors to be even thinking, much less asking. So the #1 Mandate, Full Employment can't be obviously Out of Wack.
'GVI 'john 20:26 GMT February 4, 2016
Thinking Ahead To Friday Morning
red I hate those "naked" spot trades on NFP. You just never know how far it will go. Options at the right price seem like an interesting approach.
london red 20:11 GMT February 4, 2016
Thinking Ahead To Friday Morning
i said 144k for jan and 101k for feb. i may be a month early but i will stick with. mkt is prob looking for a bit worse than f/c. id say 170/180 is about neutral going by what on the page and what folks are expecting.
london red 20:08 GMT February 4, 2016
BREAKING NEWS
poss option setup for tom nfp if circle around a fig or less for straddle. pick up daily 11250 put if price reached those 11246/52 fibs after which it should drift lower as those specs long take some off the board. buy covering 112 call at the figure.
of course you can trade naked spot but it requires a generous stop. and market tends to be a bit more generous than you are. and since im not the giving kind to those that have, i prefer the option play thru the event.
'dc' 'CB' 19:55 GMT February 4, 2016
Sign of the Times
for a chuckle...this is how MarketPlace - AmPubRadio's finance broadcast for the millenials, 'splains Volitilty in Stocks....gee just like Econ 101 for poets...it's sooo simple....D'OH
Sam I Am...or is that Gilbert and the Giant Peach...not sure...Green Eggs and Ham?....oh Pooh.
Give it a listen....click Play waste 2min of ur time
Oh Yes NO COMUPUTERS were involved or even Mentioned in the making of the Story.
_________________________________________________
The current volatility of the stock market is complex and much-discussed. What is sometimes forgotten is that what actually makes up volatility is millions of little choices made by a giant community of investors, all placing different bets on where the market will go.
Market volatility, at the atomic level
london red 19:41 GMT February 4, 2016
BREAKING NEWS
as things stand they have between 5 to 12 years depending on how much they burn through. for now they plan to ride it out.
'Mtl' 'JP' 19:31 GMT February 4, 2016
BREAKING NEWS
another speculator bet is that the Saudi head snippers will be free-floating their riyal in the near future
'dc' 'CB' 19:30 GMT February 4, 2016
Sign of the Times
And the "law" is busy indicting this gut for something that happened way the FK back in 2010....meanwhile the Flash Crash of Aug 24 2015...well give them about 5 year to figure that one out...Tho if U read this ZH analysis of the Current Crude CONfusion...aka Why is this stuff Higher when the DATA SEZ we got too much of it.........ETNs baby ETNs marketed by the Big Houses...as a way to make a FAST Buck. Read'em and Weep.
++++++++++++++++++++++++++++++++++++++++++++++
As Reuters reports, the sudden liquidation of a $600 million triple-levered fund bet on falling prices wreaked havoc through the entire crude complex.
The Real Reason For Oil's Crazy Volatility This Week
KL KL 19:20 GMT February 4, 2016
Short EURUSD
top of the morning...woke up saw the price started Shorting Eurusd 1.1220.... relentless and move higher tomorrow....LOL
DYOR..DFM.>DLTm...imvho....lets see if it goes even higher today to chase...now stuck here 1.1219...Move...Push it higher ...Ninja waiting!!...LOL
'dc' 'CB' 19:14 GMT February 4, 2016
USD/JPY
Zeus
so I took some off earlier when it bounced off 11675 ...after U - came in.
Hard to ignore Ur calls.... lol
took on some Eur but options, 'cause Ur usually early.
we shall see, NFP to upset the apple cart in the AM
Cheers
'dc' 'CB' 18:59 GMT February 4, 2016
USD/JPY
116.55 ...two fibs make one truth...old Japanese proverb
USA ZEUS 18:39 GMT February 4, 2016
USD/JPY
Yin and Yang
121xx was overdone like 116xx is underdone.
Cheers!
'Mtl' 'JP' 18:36 GMT February 4, 2016
My Thursday Trades
Venezuela's Oil Minister Eulogio del Pino appears to be in love with the sound of his voice - spewing out platitudes trying to get rude price up
the spanish word is "payaso"
'Livingston' 'nh' 18:36 GMT February 4, 2016
Sign of the Times
JP - ignorance is remedied by knowledge, crazy is remedied by meds, ah but STUPID is forever, dangerous to be around and, unlike wine and cheese, does not improve with AGE
'Mtl' 'JP' 18:25 GMT February 4, 2016
Sign of the Times
nh six yrs ago ..... "If it were positive to take interest rates into negative territory I would be voting for that," - Yellen Feb 2010
USA ZEUS 18:15 GMT February 4, 2016
USD/JPY
All in long USD/JPY at 116.83
Cheers!
Paris ib 18:11 GMT February 4, 2016
USD/JPY: the canary in the coal mine
The U.S. does not care about the weak USD per se. The concern is that the strong dollar encourages capital inflows and the weak dollar does not. The U.S.fund growth with offshore capital inflows. Those capital inflows have stopped. And there is the problem. The sell off in the USD suggests the situation may deteriorate. If we have capital flight from the USD then the economic situation will rapidly deteriorate in the States.
'Livingston' 'nh' 18:01 GMT February 4, 2016
USD/JPY: the canary in the coal mine
what about the outflow of reserves from China? How's that debt situation over there?
What about all that EM dollar debt ??
WHY would the US care about a "weak" dollar ??
Remember when the TWIN DEFICITS were the hobgoblin du jour?? How'd that work out ??
Of course, it's probably different this time
Paris ib 17:42 GMT February 4, 2016
USD/JPY: the canary in the coal mine
This has just started. Stop up your ears to the 'narrative' that all is well. All is not well. 'They' can talk about economic recovery all they like but it's not happening. The previous economic world order is over. We are in the process of building another one. In times like that you don't play the ranges you make strategic decisions. China made their decision some time ago when they moved to set up bilateral exchanges for their currency everywhere that mattered. In addition China, like Russia, moved to buy GOLD in huge quantities. These are preparations for a fundamental shift. And they are serious. The USD is not a safe haven. It is a risk.
london red 17:36 GMT February 4, 2016
Sign of the Times
im sure draghi is loving it...
Livingston nh 17:29 GMT February 4, 2016
Sign of the Times
JP - the world has decided that a weaker USD is in its best interest
london red 17:28 GMT February 4, 2016
Sign of the Times
euro downside was well covered with options but topside above 111/122 no. they are scrambling to get cover for folk buying options higher than mkt. tomorrow youd think they will engineer a drop before ramming up to highs as thats whats need to hedge out of that mess.
'Mtl' 'JP' 17:24 GMT February 4, 2016
Sign of the Times
red / robot eyesight better than hawk but fills somewhat elastic today - prices are changing ultra rapidly
london red 17:15 GMT February 4, 2016
Sign of the Times
keep an eye on the lower hourly highs for euro a break will signal higher if we dont get a long tail first. bears folded at 57 but while lower highs we might get the 45/15/09.
cable drifting lower on approach to 14565 a prev low. again an hourly close below here should yield 14511/24. i dont see lower than 145/14491. again far too many caught short.
its nfp day tomorrow. usually after a hot week the nfp can be an anticlimax. ny cut straddle about 95 pips not suggesting more than average move. daily straddle tomorrow morning will give a better clue as to expected ranges.
'Mtl' 'JP' 17:14 GMT February 4, 2016
Sign of the Times
Dil that is something sure not to escape ol killer Henry
Belgrade TD 17:12 GMT February 4, 2016
Daily TA trade
Buy USDJPY
Entry: ~116.8 Target: >120+ Stop: <116.3
Long here
'Israel' 'Dil' 17:06 GMT February 4, 2016
Sign of the Times
Buy Gold
Entry: Target: Stop:
China's and Russia's past behind curtains may lead to a hand finds it's glove and vice versa. both together are enough to supply each other fully to cover all existential needs to live in prosperity. that simple logic may bring a simple NWO and the speculation of currencies will turn irrelevant when those two giants concerned.
'Israel' 'Dil' 17:03 GMT February 4, 2016
Sign of the Times
China's and Russian's past behind curtains may lead to and a hand funds it's glove and vice versa. both together are enough to supply each other fullt ro cover all existential needs to live in prosperity. that simple logic may bring a simple NWO and the speculation of currencies will turn irrelevant when those two giants concerned.
'Mtl' 'JP' 16:40 GMT February 4, 2016
Sign of the Times
Xi's anti-core:
http://www.marketwatch.com/story/man-who-made-billions-on-housing-crisis-is-betting-against-chinas-yuan-2016-02-03?link=news
got my popcorn got my underdog
'Vancouver' 'GA' 16:39 GMT February 4, 2016
Sign of the Times
Does that mean Shell knows oil price would drop further. I think current oil rise is just short covering. Imagine all these sellers for a very long time, they need to buy oil to cover positions. Russia, Saudi Arabia, Iran, etc... Can you imagine those countries agree on something? Even if they agree in a meeting, they would sell oil in black market to make more cash. They all need cash so bad. All major OPEC countries are controlled by a single person. Add to that Russia (non-OPEC member). And each person is waiting for the other to blink first. They are desperate to hurt each other. And they need immediate cash. No doubt in my mind, oil is down for a while.
The only question is, how far the short covering would last. The other question, how low would it go? Could we see $18? $15?
'dc' 'CB' 16:26 GMT February 4, 2016
Sign of the Times
HOUSTON - The CEO of Shell early Thursday confirmed there will be 10,000 layoffs as the company merges with BG Group and deals with lower oil prices.
"The completion of the BG transaction, which we are expecting in a matter of weeks, marks the start of a new chapter in Shell, rejuvenating the company, and improving shareholder returns," CEO Ben Van Beurden stated in a press release. "As we have previously indicated, this will include a reduction of some 10,000 staff and direct contractor positions in 2015-16 across both companies."
The announcement comes after the company reported a 44 percent drop in Q4 earnings.
It's not clear which areas will be affected by the layoffs. Royal Dutch Shell is incorporated in the U.K. and has its headquarters in the Netherlands.
'Israel' 'Dil' 16:20 GMT February 4, 2016
Sign of the Times
he will play his hand synchronised with Putin. the Chinese (fortunately or unfortunately, depends who you ask) looking to make the west to pay for their crash back at the 18th century. Soros and the gang fueled very patriotic flashbacks in China.
'Mtl' 'JP' 16:13 GMT February 4, 2016
Sign of the Times
red get ready for
Xi Jinping Assuming New Status as China's 'Core' Leader
kl fs 16:05 GMT February 4, 2016
My Thursday Trades
Dil, Greece news only had impact once first time, second time it won't have the same impact anymore, even if Greece is to disappear completely I think news of that won't have any impact anymore.
london red 16:02 GMT February 4, 2016
Sign of the Times
cnbc. propaganda levels surpassed only by those fed to the germans by hilter during the second worl war.
'dc' 'CB' 15:57 GMT February 4, 2016
Sign of the Times
as seen
i probably saw 25 hedgies in December on @CNBC claim long the USD and short $TLT was their no-brainer best idea for 2016 Xmas gift to you
london red 15:51 GMT February 4, 2016
My Thursday Trades
CB, usd down miners up. most of them leading today
'Hillegom' 'Purk' 15:46 GMT February 4, 2016
Purks trading thread 4-2-2016
Another 1/4 11215 out at 11166. Rest is at 112. Will get other chances to short.
'dc' 'CB' 15:39 GMT February 4, 2016
My Thursday Trades
10:30 STOX bottom train ran early today.
Re: Gold...with Yellen AND 3 Treas auctions next week 3s,10s 30s.
Expect a RAID in the coming days. just sayin'
'Livingston' 'nh' 15:39 GMT February 4, 2016
My Thursday Trades
Since Fed hike the MARKET has completely ignored the likelihood of additional rate hikes - there has never been a pricing in of 4 hikes over the last 6 weeks // compare USD index chart from last spring w/ the current performance
Trends change when Facts on the Ground change (nothing's changed) -- the market doesn't credit anything the FED says because of past performance BUT sometimes the chalk is wrong
london red 15:37 GMT February 4, 2016
My Thursday Trades
re rate hikes in us, futures barely pricing in one all year.
euro. lets see what happens at 45. probably stops below for weak hands. 15/09 id expect to bounce. below gets ugly but i cant see it due to panicking shorts.
'Mtl' 'JP' 15:34 GMT February 4, 2016
My Thursday Trades
kl Fs 15:29 the beauty of various trade opinions is that they are all equally valid. Until proven otherwise.
HK Kwun 15:34 GMT February 4, 2016
Very bullish
Buy Gold
Entry: 1152 Target: Stop: 1142
stock is going to crash again, USD weak, technical break 200DMA, so i am bullish
Pasig evan 15:31 GMT February 4, 2016
Very bullish
Gold
Entry: Target: Stop:
Should be a sell here till 1155/57, target min 1130
kl Fs 15:29 GMT February 4, 2016
My Thursday Trades
JP, market has priced in 4 hikes this year so if they skip march then who cares about june, by then damage has been done and usd cannot be saved anymore, stuff it they won't hike anymore, GS is next to crumble too
HK Kwun 15:22 GMT February 4, 2016
Very bullish
Reply
Buy Gold
Entry: 1152 Target: Stop: 1142
Buy now
'GVI 'john 14:59 GMT February 4, 2016
BREAKING NEWS
Dallas Fed President Kaplan
-- Financial conditions have tightened
-- Fed should be patient on Rates
-- Energy market Crisis could get a bit worse before it improves
'dc' 'CB' 14:49 GMT February 4, 2016
My Thursday Trades
as noted yesterday 2 of GS Top Trades for 2016 were Lond USD/JPY and Short EUR/USD...both have been stopped out, and it's only Feb 4
london red 14:45 GMT February 4, 2016
My Thursday Trades
i saw that note JP but you know what they say. do the opposite to what GS SAYS and youll be ok. following their ideas often has a habit of obliterating trading accounts v quickly. however they do throw the odd curveball and let folk onto a winner.
'dc' 'CB' 14:44 GMT February 4, 2016
My Thursday Trades
I have 2 diff Fibs that target 116.55. So looking at least that...how price slices thru before it bounce?
Mtl JP 14:41 GMT February 4, 2016
My Thursday Trades
kl fs 14:27 more to come for usd's demise... what else can save it? nothing left
--
Here is what: government GS gave the Fed permission for rate hike in June vs in March. Players have not yet noticed.
Stay alert
london red 14:39 GMT February 4, 2016
My Thursday Trades
theres a nasty looking shs in the yen but i think we get a bounce from 1150/116 area before lower. they may run some stops but doubt they do a daily close below without a bounce first.
'Israel' 'Dil' 14:38 GMT February 4, 2016
My Thursday Trades
yes Jay... that's a relaxed perspective while the daily noise
'Hillegom' 'Purk' 14:36 GMT February 4, 2016
Purks trading thread 4-2-2016
Close 1/2 of 11215 at 11180. The rest of the day is shorty at rallies. Collecting pips is all what matters.
In Europe we face the refugees war....
GVI Jay 14:35 GMT February 4, 2016
My Thursday Trades
EURUSD: If you step back it has been trading with only very brief (e.g. one day) exceptions in a 1.05-1.15 range for about one year
USDJPY: With only a brief exception above the upper end, it has traded 115-125 since Nov 2014
london red 14:33 GMT February 4, 2016
BREAKING NEWS
the 50% broken fib at 11109 would be a natural pt to fade, maybe 15/40 some buying takes place
london red 14:32 GMT February 4, 2016
BREAKING NEWS
euro. 11235 is 61.8 of 117/104. the 46 is 50% of 65/160 and 52 the 61.8 of 105/117. so some natural res there. overcoming this takes us higher on a daily close. expect mkt to buy dip in euro/option related buying and also selling spikes to cover exposure.
'Israel' 'Dil' 14:31 GMT February 4, 2016
My Thursday Trades
kl fs
- yes, the USD would demise one day
- the EUR will demise before the USD
- deaths, injuries, bloody riots in Greece and no mentioning YET in the free Bilderberg media
one fact, two forecasts.... with such a fact you long the euro, that's a brave trade
'dc' 'CB' 14:29 GMT February 4, 2016
Today's Oil Headline
Reply
Yesterday the Syrian "peace talks" broke down. If you are a TinFoilHat wearer...then Erdogan got the word from his masters in DC to stir it up.
Oh and as aside benefit- Crude rallies.
____________________________________________________
As RT reports, developments on the Turkish-Syrian border give serious grounds to suspect that Ankara is planning a military invasion in Syria, the Russian Defense Ministry said.
�We are recording more and more signs of concealed preparations by the Turkish military,� he added.
kl fs 14:27 GMT February 4, 2016
My Thursday Trades
Fed will not raise rates anymore, it will cut instead, US recession looming
even with Kuroda and Draghi jawboning usd failed miserably,what else can save it? nothing left
kl fs 14:18 GMT February 4, 2016
My Thursday Trades
more to come, more to come for usd's demise
i am with RF@, byebye usd
GVI 14:16 GMT February 4, 2016
My Thursday Trades
To put things in perspective...
Yesterday marked the largest down day on the USD index in 7 years.
'dc' 'CB' 14:07 GMT February 4, 2016
Sign of the Times
The charade continues.
+++++++++++++++++++++++++++++++
LONDON � A London-based trader's market manipulation helped cause the 2010 Wall Street "flash crash" which netted him some $878,000 profit, a prosecutor for U.S authorities seeking his extradition said on Thursday.
Navinder Sarao, arrested by British police on a U.S. warrant last April, has been indicted by a U.S. federal grand jury on 22 criminal counts including wire fraud, commodities fraud and attempted price manipulation.
U.S. Accuses London Trader of Helping Cause 2010 'Flash Crash'
'Israel' 'Dil' 14:05 GMT February 4, 2016
GOLD: 2016 target
Buy Gold
Entry: Target: Stop:
just read the thread GA
USA ZEUS 14:05 GMT February 4, 2016
USD/JPY
Reply
Long USD/JPY from 116.96
See you above 122.
Cheers!
'Hillegom' 'Purk' 14:01 GMT February 4, 2016
GOLD: 2016 target
Relax! Frankie Goes to Hollywood.
Copper!!!!!!!
'Vancouver' 'GA' 13:59 GMT February 4, 2016
GOLD: 2016 target
What is your target for gold Dil?
'Israel' 'Dil' 13:58 GMT February 4, 2016
GOLD: 2016 target
Buy Gold
Entry: Target: Stop:
covering some gain here at $100 after the initial entry.... will add all the way to the target
'dc' 'CB' 13:57 GMT February 4, 2016
STUPID is Forever
No doubt that in each Yellen session next week at least one Represent/Senator will ask Madam Chair about the Fed's intentions regarding Negative Interest Rates.
HK RF@ 13:50 GMT February 4, 2016
Purks trading thread 4-2-2016
Mtl JP 13:46
If you include yourself, that is your personal right, but don't include me in your decision to include yourself.
Mtl JP 13:46 GMT February 4, 2016
Purks trading thread 4-2-2016
RF@ 13:41 are not interesting anyone
-
I feel included. Please note that I did not appoint you my spokes/wo/man . so make sure to refrain
'dc' 'CB' 13:41 GMT February 4, 2016
STUPID is Forever
yup
think how much those "Savers" cud be spending if they were earning just a paltry 5.4% on that money.
but then banks like Deutsche and Credit Suisse wud be History, because at that rate they cud never service their derivative book
The FED works for the Banks...period
'Israel' 'Dil' 13:40 GMT February 4, 2016
Purks trading thread 4-2-2016
Sell EURUSD
Entry: Target: Stop:
PURK
relax now and come back to the screen after the close. you have entries worth to hold, be patient!
'Hillegom' 'Purk' 13:37 GMT February 4, 2016
Purks trading thread 4-2-2016
11236-11215 done. Will be shorting a few times more to get entries back
'dc' 'CB' 13:37 GMT February 4, 2016
BREAKING NEWS
Shares of ConocoPhillips (COP) fell 4% Thursday after the company missed fourth-quarter profit expectations and lowered its dividend. The company reported a net loss of $3.5 billion , or a loss of $2.78 per share, wider than a net loss of $39 million , or a loss of 3 cents per share, in the year-earlier period.
"While we don�t know how far commodity prices will fall, or the duration of the downturn, we believe it�s prudent to plan for lower prices for a longer period of time."
++++++++++++++++++++++++++++++++++++++++++++++
Oil-field service company Weatherford International PLC(WFT) said Wednesday that it planned to continuing cutting jobs in the face of the sector's lingering downturn and would slash about 15% of its already reduced workforce.
Weatherford, one of the largest oil-field service companies in the world, said it would eliminate 6,000 position from a workforce of about 39,500. The cuts are slated to be made in the first half of 2016. In 2015, the company reduced its headcount by 14,000.
"We have just completed what is probably the most challenging year in our history," said Bernard J. Duroc-Danner , CEO of the company."
HK RF@ 13:34 GMT February 4, 2016
No doubt Euro targets 1.1350 eventually.
he is short from 11170... sorry cant help it...
You are an idiot, was only a suggestion I am trading Yen but will not post about it.
AND YOUwill be KABOOOMIZED TO 1.1350.
Stupid Purk, learn how to read chart so you will not get short too early.
'Mtl' ''JP'' 13:34 GMT February 4, 2016
Purks trading thread 4-2-2016
purk I knew that
is why the pic is a daily
warns of top/target/risk
ultimately u da one who smokes it
'GVI 'john 13:33 GMT February 4, 2016
BREAKING NEWS
Jobless claims creeping higher. Productivity weak.
Livingston nh 13:31 GMT February 4, 2016
STUPID is Forever
Reply
Setting the Table //
From WSJ --
�Recent developments reinforce the case for watchful waiting,� Ms. Brainard said Monday in response to questions from The Wall Street Journal.
Stresses in emerging markets including China and slow growth in developed economies could spill over to the U.S., she said. �This translates into weaker exports, business investment, and manufacturing in the United States, slower progress on hitting the inflation target, and financial tightening through the exchange rate and rising risk spreads on financial assets.�
Dudley, Fischer and Brainard
____
See if Yellen can explain to Congress:
Personal Interest Income in Q1 2014 $1320.2 bio
Savings Rate 5%
Personal Interest Income in Q4 2015 $1319.4 bio
Savings Rate 5.4%
A decline in interest income over two years with the savings rate increasing (meaning less consumption)
but the lug nuts are wondering why GDP is below trend and NAIRU isn't "working"
_______
You can do the same exercise w/ productivity concerns and the tight FISCAL effect of Misguided Monetary policy (holding and reinvesting nearly 20% of tradeable Treasury debt)
'Hillegom' 'Purk' 13:29 GMT February 4, 2016
Purks trading thread 4-2-2016
We are on the edge in e/u now, kaboom up or corrections down... Adding will be there i think..
'Hillegom' 'Purk' 13:26 GMT February 4, 2016
Purks trading thread 4-2-2016
I hate charts JP. The only ones i look at it the daily thingie. It warns me for tops. Like eur/cad. I was miles of but did not matter because it had to correct at some point. And usd/cad was a blast to, still enjoying yhat one...
'Mtl' ''JP'' 13:13 GMT February 4, 2016
BREAKING NEWS
BoE forward guidance ...... aaaaaarrrrrrggghh
ploink !
'Mtl' ''JP'' 13:12 GMT February 4, 2016
BREAKING NEWS
Carney: We won't be bound by what we've said previously
Pasig evan 13:10 GMT February 4, 2016
BREAKING NEWS
GBPUSD
Entry: Target: Stop:
Immediate resistance at 1.4645/50
'dc' 'CB' 13:09 GMT February 4, 2016
Perpetual Pessimism in Europe
Seems that American Big Banks won the recovery game. Deutsche Bank and Credit Suisse are toast. Jamie -that's why I'm richer than you - Dimon is King of the Hill
USA ZEUS 13:06 GMT February 4, 2016
EUR/USD
All in short EUR/USD at 1.1209
Cheers!
london red 13:03 GMT February 4, 2016
BREAKING NEWS
nearterm there are some large 112 expiries which might draw trade but think euro can see 11235/52 fibs today
'Mtl' ''JP'' 13:02 GMT February 4, 2016
BREAKING NEWS
Carney continues to peddle CBankers collective's angst at low prospects of inflation
'dc' 'CB' 13:01 GMT February 4, 2016
Perpetual Pessimism in Europe
07:55 AM EST, 02/04/2016 (MT Newswires) -- Credit Suisse Group (CS) American depository shares traded at their lowest level ever in recent pre-market trade after the Swiss bank reported a massive loss driven by goodwill impairments as well as litigation charges.
CS was down nearly 12% recently at $14.74, a new low if it holds into regular trading. The 52-week range is currently at $16.27 and $29.99.
currently 14.72-14.74
'Mtl' ''JP'' 12:56 GMT February 4, 2016
BREAKING NEWS
Sell GBPUSD
Entry: mrkt Target: south Stop: >1.4630+
in
PAR 12:50 GMT February 4, 2016
Perpetual Pessimism in Europe
Reply
Economic growth in the EU will be weaker than previously forecast, the European Commission said, warning that the slowdown in emerging markets and refugee crisis, could further hurt the economy
Draghi Warns on Risks of Low Inflation
The weather will be bad for the rest of 2016 ?
'Mtl' ''JP'' 12:50 GMT February 4, 2016
BREAKING NEWS
rockstar saying pound players got it wrong on rate expectations ??
'Hillegom' 'Purk' 12:49 GMT February 4, 2016
EUR/USD
Hi Zeus! Your skype is broke.... or breakeble... Cheers, E
USA ZEUS 12:46 GMT February 4, 2016
EUR/USD
Added EUR/USD short at 1.1194
GVI Forex 12:44 GMT February 4, 2016
BREAKING NEWS
GBPUSD popped on Carney reiterating next move in rates is likely up and not down
07:33 (UK) BOE Gov Carney: Global financial conditions have deteriorated notably
- QIR press conference
- Trade outlook is challenging; net exports expected to drag on growth; weaker GBP currency is one positive point
- UK domestic demand remains resilient- Sees real incomes growing solidly going forward
- MPC sees inflation risk to the downside but expectations are well anchored
- Reiterates view that next rate move likely higher and not lower
- Source TradeTheNews.com
'GVI 'john 12:42 GMT February 4, 2016
BREAKING NEWS
BOE Carney
-- Financial conditions have deteriorated notably
-- Household/Business Confidence robust despite "Brexit"
london red 12:39 GMT February 4, 2016
BREAKING NEWS
hourly close no lower than 65 puts to bed any further downside and have to see topside squeeze this afta. if doesn manage 65 close have to revisit low maybe gets my 11-24 zone. boe is pretty negative but not seeing many willing sellers rather opposite folk fear the short squeeze and buying dips. sound strategy for now.
'dc' 'CB' 12:37 GMT February 4, 2016
My Thursday Trades
USD/JPY going after 116 handle again today?
ps is you doubt my Yellen Testimony reasoning...remember what happened to Pedro da Costa when he asked that awarked question about the leak investigation at Yellen's Presser. Madam Chair is very sensitive about being put under stress...esp facing dual 3 hour Q&As
'Mtl' ''JP'' 12:36 GMT February 4, 2016
BREAKING NEWS
now rokstar of banking Carney yakking
london red 12:27 GMT February 4, 2016
BREAKING NEWS
my pivot. qualitative rather than quantative.
USA ZEUS 12:27 GMT February 4, 2016
EUR/USD
Reply
Short EUR/USD at 1.1188 with initial target of 1.0777
Cheers!
GVI Jay 12:25 GMT February 4, 2016
BREAKING NEWS
We show the daily pivot at 1.4526. R1 = 1.4668 vs. 1.4666 HOD.
EURUSD R1 = 1.1199
london red 12:24 GMT February 4, 2016
BREAKING NEWS
cable. 65 is the pivot, they have bought the brief dips below. if can get a 1min close under should move lower
PAR 12:22 GMT February 4, 2016
NIR
Reply
European citizens getting more and more upset with the banks. Ever more costs . If you have money they pay you ZERO interest , if you go 1 Euro into the red they charge you 12.5%.
The Draghi created banksystem is going to implode . Draghi will have to emigrate to his beloved GS country .
london red 12:08 GMT February 4, 2016
BREAKING NEWS
maybe we can get to 14525/13 and that would be a good pt to fade. if below 145 then full retracement to 14409 but i doubt it, as to many scrambling to buy.
'dc' 'CB' 12:08 GMT February 4, 2016
Euro is not anymore a short squeeze: It is CB and fund buying.
Setting the stage for Yellen's House and Senate Testimony next week, keeping the USD looking like it's going down. Don't want question like----my constituants are telling me that the Strong USD is causing problems with their business being able to sell its products abroad , chair Yellen what do you have to say to them.....
CB's got each other's back
\'GVI \'john 12:01 GMT February 4, 2016
BREAKING NEWS
BOE more dovish than expected. No policy changes GBP lower. Previous hawkish dissenter drops his tightening vote.
london red 11:51 GMT February 4, 2016
My Thursday Trades
on a side issue, reuters have reuters have created a brexit index taking into account all manner of things such as exchange rate and newspaper articles. its delayed by 2 months but gives an indicator of sentiment to some extent. there is a lot of misinformation re brexit but for those who want a quick look tool its not bad.
http://graphics.thomsonreuters.com/15/12/bv-brexit/index.html
Israel Dil 11:48 GMT February 4, 2016
My Thursday Trades
Sell EURUSD
Entry: 1.1170 and above Target: sub January's low Stop: today's high after close
the worst scenario is a cover below 1.1150 tomorrow or Monday,
london red 11:47 GMT February 4, 2016
My Thursday Trades
thats fear. they started early london am but then draghi came in and folk dont want to take any chances. were they right to buy? as long as they took profit then yes. i sold on the way dwn but have since covered. i am looking to 14613/30/59, the first and last of which are fibs. maybe sees the first of those figs for another short. pound is in midst of a short squeeze so pays not to be short for too long and event based only until it rejects a solid res on a daily close.
'Mtl' ''JP'' 11:43 GMT February 4, 2016
My Thursday Trades
reaction to what ?
not anticipation ?
GVI Jay 11:40 GMT February 4, 2016
My Thursday Trades
Red, GBP reacting as you suggested pre-BOE but it has been a last minute reaction.
'GVI 'john 11:38 GMT February 4, 2016
My Thursday Trades
Equities: Risk-On?
DAX +52
DJ +55
SP +5
10-yr: risk premia abating
US 1.905% +2.3
DE 0.313% +8.6
UK 1.574% +8.3
JA 0.061% -0.6
EUR higher on its crosses except vs. the commodity currencies (AUD, CAD & NZD)
wti $32.47 +0.18 (32.30-95) Looking heavy on the 5min chart at this time.
Mtl JP 11:38 GMT February 4, 2016
NIR killing European Banks
ideas for profits squared from ECB policies are madness squared
sounds like one of those once/twice in lifetime opps
crank up greed
london red 11:35 GMT February 4, 2016
BREAKING NEWS
cable. end of wk straddle about 1.5 figs daily just over a figure. so thats initial sup/res. prior to that on dwnside is 14565 prev low which has hampered trade on both sides over last 24 hrs.
london red 11:33 GMT February 4, 2016
BREAKING NEWS
cable. the MC is in the house shortly. mkt is wondering whether mpc will reduce inflation and growth forecasts a bit but also whether boe member maccafferty, the only one to have voted consistently for a 25bps hike, will rein in his enthusiam and fall in with the rest of the crowd, yielding a 9-0 unchanged vote.
if we get something along those lines, there should be some short term weakness towards 14500/13 but mkt likely to buy this dip. topside there is the broken channel on wkly/mnthly at 14700/05 before a couple of fibs at 14784/14811. thats probably as much as it could see today but if euro gets another shot in the pipe and those cable fibs are taken, the 50% of 159/140 comes in a whisker above 1.50 and should be a good pt to sell ahead of fridays nfp which should see some profit taking ahead of that data.
Mtl JP 11:19 GMT February 4, 2016
NIR killing European Banks
PAR 10:32 - why not look at killing European Banks as profit opportunity and short them ?
tia
PAR 11:19 GMT February 4, 2016
NIR killing European Banks
If European inflation is so low, growth so weak and deficits so big . Lets start with cutting salaries of European politicians , ECB officials and everybody else whose salary is paid by hardworking and saving European taxpayers .
PAR 10:32 GMT February 4, 2016
NIR killing European Banks
Reply
If NIR continues new European bank bailouts with taxpayers money will be needed. ECB policies are madness squared .
Hong 10:10 GMT February 4, 2016
AceTrader Feb 4: Daily Recommendations on Major -USD/JPY
Reply
DAILY MARKET OUTLOOK
Update Time: 04 Feb 2016 08:35 GMT
USD/JPY - 117.76
The greenback's sharp selloff to as low as 117.06 yesterday on dollar-negative comments from New York Fed President William Dudley confirms recent upmove has formed a temporary top at last Friday's 1-month peak at 121.70 and consolidation with downside bias would be seen for weakness towards 116.69/70.,
However, over sold condition would prevent steep fall below there and reckon price would hold well above support at 115.97.
On the upside, only above 119.01 would indicate aforesaid correction has ended and turn outlook bullish for stronger gain to 119.40/50.
Mtl JP 10:03 GMT February 4, 2016
The causes of too low inflation
Reply
https://www.ecb.europa.eu/press/key/date/2016/html/sp160204.en.html
Mario Draghi in summarise
There are forces in the global economy today that are conspiring to hold inflation down. Those forces might cause inflation to return more slowly to our objective. But there is no reason why they should lead to a permanently lower inflation rate.
What matters is that central banks act within their mandates to fulfill their mandates. In the euro area, that might create different challenges than it does in other jurisdictions. But those challenges can be mitigated. They do not justify inaction.
-
ONLY a Central Banker character does not understand what every other type of person IN THE WORLD does about low and lower prices
It is disingenuous of Mario to not address directly in public what a is purely a bankers' problem: runaway debt and interest outpacing indebted folks cash-flow.
Trade-wise Mario's yak did not add any new element.
Maybe it is market players' time to increase the heat under Marios donkey to spur him to act .
GVI john 09:51 GMT February 4, 2016
Global-View Trading Technologies
One number we overlooked yesterday was the 200-day moving average in EURUSD at around the 1.1050 area depending on what data source you use. Spot forex traders do not tend to focus on the 200-day average much, but it is a favorite of longer term equity type traders.
For those in the "crowded" long term higher USD trade, taking out that level was a GAME CHANGER yesterday afternoon in NY, and thus triggered a number of stops. Our momentum table below now shows EURUSD as a "buy". We use this rating as a bias indicator, not as a trade signal.
Florida 09:42 GMT February 4, 2016
Types of Candlestick Indicator Patterns
Reply
Trading in the forex market has use of various trading indicators and chart patterns. One of the most famous patterns out of these is the �Candlestick pattern�. To define this term simply, it consists of a top reversal pattern formed by three candle lines on a Japanese candlestick chart. The first is a tall and white cylindrical or rectangular body, while the second is a smaller body (white or black) that lies just above the first body to make a star, and the third is a black candlestick that stands close to the first body. The candlestick chart patterns include a broad cross section of several different kinds of charts. Below is a list of some of the most usually traded candlestick chart patterns:
� Doji Indicator: Doji indicator pattern always signals indecision prevailing in the market, accompanied by range-bound market action. A lot of times, a Doji pattern is also seen as a catalyst which triggers potential reversal in the foreign exchange market.
� Hammer-Shooting Star Indicator: This pattern of Hammer is seen at the bottom of bearish markets, while the Shooting Star stays at the top of bull markets.
� Engulfing Indicator: The �Engulfing� pattern has two main candles. On the one hand, the white one overtakes the black one in case the charts are displaying a bullish trend. On the other hand, the opposite happens (Black engulfing white) in case the sign is bearish.
� Piercing -Dark Cloud Cover Indicator: This pair of patterns is used to sense any potential price or other reversal taking place in the market. Like the other formations, this one too involves a pair of candles to indicate the actual trend present in the FX market. If you see a bullish formation, then it would mean that the sellers are in control. On the second day, the candle which closes id-way of the range achieved on Day One, will indicates securities being sold or bought short, and the initiation of a huge buying off spree. The bearish candle pattern, like every other formation before this one, shows the exact opposite, i.e., a selling spree. It (bearish pattern) is also known as the dark cloud cover. For the second one, the sellers take control on Day 2.
� Harami Indicator: The Harami indicator is useful when it comes to indicating swing in market sentiment. If you see the Harami during a bullish time period, it means you�re seeing a long black candle followed by a short white one, which means the presence of positive sentiment in the market. In case the market is bearish, the opposite would happen, i.e., a long white candle would be seen which is followed by a shorter, black coloured one.
PAR 09:10 GMT February 4, 2016
BREAKING NEWS
Lower dollar > Higher commodity prices > Low inflation solved.
Also Draghi is lying . In Europe inflation is much higher than official figures show . Inflation should be calculated by a completely independent institute .
HK RF@ 09:07 GMT February 4, 2016
E/$
Reply
Sell EURUSD
Entry: 1.1170/5 Target: for pips Stop:
.
'GVI 'john 08:53 GMT February 4, 2016
BREAKING NEWS
Draghi (Earlier)
-- global forces holding down inflation
-- low inflation for too ;long can have second round effects
-- ECB will not surrender to low inflation
--TTN
'Hillegom' 'Purk' 07:34 GMT February 4, 2016
My Thursday Trades
Oh, and Zeus will be back with more gains on the shorty usd/cad...
'Hillegom' 'Purk' 07:33 GMT February 4, 2016
My Thursday Trades
Well well, gone for one day and we have ourselves a 200+ range in e/u and a lot of people excited already. Good call from IB , wtf didnt he trade that? Nothing chnged with shouters. Calling for more at tops, but finally some have the guts to short the shouter :)
Range 2016 e/u = 107ish-1,11ish. Only 400, so 1000+ to go...
Guess stop hunting did his work.
Have a nice day will be back for range trading.
kl shawn 06:27 GMT February 4, 2016
SELL USDJPY
Reply
today i suspect usdjpy will have a hard time going much beyond 118.30, so add additional sell there if seen for lower levels
only beyond 119.60 then we will worry
perth wtr 06:05 GMT February 4, 2016
My Thursday Trades
try long euro 1.1086, stop 1.1039, 1st target 1.1120, 2nd target open
manila tom 05:00 GMT February 4, 2016
gold
Reply
gold will lead the way to 1180-1240
soon NIRP will be ENIRP (Extended NIRP)
singapore td 04:50 GMT February 4, 2016
sell usdcad
Reply
Sell USDCAD
Entry: 1.3770 Target: 1.3270 Stop: 1.3870
time to sell usd
bali sja 04:40 GMT February 4, 2016
BREAKING NEWS
Kissinger is trying to lick Vlad's boots to save Obama's face
US and co are losing that war in Syria
'Mtl' ''JP'' 04:36 GMT February 4, 2016
BREAKING NEWS
RT reporting Kissinger is in Moscow for a yak w/Vlad
-
wonder on what is old killer Henry congratulating Vlad or what it is that he has come begging Vlad for
'Mtl' ''JP'' 04:23 GMT February 4, 2016
My Thursday Trades
I would not be making a timed bet coz that does not take into account magnitude of price zig-zags which could surpass my account's depth
bali sja 04:22 GMT February 4, 2016
My Thursday Trades
guys, today buy euro on dips to 1.1040-60 for new highs, what do you think?
kl shawn 04:19 GMT February 4, 2016
My Thursday Trades
thanks JP, i saw someone mentioned 1.56 before
maybe that's a typo 1.36 instead
looks like usdcad has topped out for months to come
similarly audusd, kiwi, gold, oil and commodities in general have bottomed also
'Mtl' ''JP'' 04:14 GMT February 4, 2016
My Thursday Trades
as long as usdcad is under 1.38 think of 100day trgt
may depend on vladimirs benevolence to play nice
'Mtl' ''JP'' 04:03 GMT February 4, 2016
The Problem
Sanders is a peddler of the great fiction by which everyone tries to live at the expense of everyone else (Fr�d�ric Bastiat) - similar to what to what Just-in pulled off here in Canada recently
'Mtl' ''JP'' 03:57 GMT February 4, 2016
My Thursday Trades
shawn probably just delayed
fx is not a straight line environment
'Sydney' 'ACC' 03:56 GMT February 4, 2016
The Problem
Bernie Sanders seems to stand on a platform of social democracy similar to the labour parties of the UK, Australia and New Zealand. He's certainly far more left wing according to my experience than any other candidate before him. He doesn't seem afraid to espouse socialist policies or use the word socialism in his speeches.
Maybe a breath of fresh air voters in many countries are seeking.
kl shawn 03:51 GMT February 4, 2016
My Thursday Trades
what happens to the 1.077777, 1.027777 and 0.97777 magnets? reverse current changes it to 1.177777 and 1.277777 LOL
kl fs 03:18 GMT February 4, 2016
My Thursday Trades
numbnuts and co and their proxies here were beaten completely :)
what do they have next if NIRP also cannot help
Hong Kong 01:46 GMT February 4, 2016
AceTrader Feb 4: Intra-Day Market Moving News and Views- EUR/USD
Reply
04 Feb 2016 01:33GMT
EUR/USD - ....... The single currency was also supported yesterday from an increase in EU retail sales. Euro zone retail trade increased in December mostly thanks to Christmas shopping of food, drinks and tobacco, the European Union statistics office Eurostat estimated on Wednesday.
Sales in the 19 countries sharing the euro grew on average 0.3% in December on a monthly basis, as expected by economists polled by Reuters.
Retail trade increased 1.4% year-on-year, slightly less than the forecast 1.5%.
Eurostat revised upwards both monthly and yearly estimates for the month of November. Month-on-month euro zone sales have been flat in November, contrary to previous estimates of a 0.3% drop. Year-on-year sales recorded in November a 1.6% rise, more than the previously estimated 1.4%.
The greenback tumbled against majority of its peers yesterday as New York Fed President William warned of tightening financial conditions.
Reuters reported, in an interview with MNI, Williams said financial conditions have tightened considerably in the weeks since the U.S. Federal Reserve raised interest rates and monetary policy makers will have to take that into consideration should that phenomenon persist
Mtl JP 01:26 GMT February 4, 2016
My Thursday Trades
China commies keep injecting billions
also trying to screw Mr Soros Bass & Co
'dc' 'CB' 01:14 GMT February 4, 2016
My Thursday Trades
nikkei may not be carryin' the rally torch
zerohedge @zerohedge 23m23 minutes ago
Hitachi Drops Most in 5 Yrs After Profit Outlook Cuts
Panasonic Drops Most in Two Years After Cutting Forecasts
'dc' 'CB' 01:06 GMT February 4, 2016
STOX
Fed Mouth Wed, the Saga Continues
Emini daily
\'Mtl\' \'\'JP\'\' 00:06 GMT February 4, 2016
My Thursday Trades
eh usdyen turning down sub 118 again - is 1 of the numbnuts yakking ?
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