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Forex Forum Archive for 03/16/2016

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dc CB 23:22 GMT March 16, 2016
Trading the News - FOMC

Brisbane PD 22:22 GMT

on top of what I just posted ....add ABOVE THE LAW.
ask the wrong question and you get " Pedro da Costa Me My Job"


view from the Common Man

https://twitter.com/RudyHavenstein/status/710224403007561728

Ex-New York Fed employee avoids prison for Goldman Sachs leaks

dc CB 23:00 GMT March 16, 2016
Trading the News - FOMC

the diff is that Yellen is not just a HiProf eCONomist. She runs the largest HedgeFund on the planet, that has the added perks of

1) it's able to print all the money it needs
2) iit dosen't have to report its positions or let anyone look at its balance sheet....AKA it can't be auditied.

In her postion, and betraying her postion in Life as a Boomer, she is part of a cabal that has declared the savings of her generation Worthless --- as in 0% on a life's work. AKA we are stealing the Cream of your Crop.

Need I go on.

Livingston nh 22:59 GMT March 16, 2016
Trading the News - FOMC

The Fed policy is being made up as it goes along -- only one dissent, not to the Statement reasoning but to actually hike - at least Mester and Bullard could have dissented with a reasonable case for objection to the Statement, if not a hike

Yellen is a fair target for an SNL skit BUT this is not funny -- these Groupthinkers don't see the damage that is being done to the economy with these policies // it is this elitist "I am right and you Can't understand" attitude that is driving the political desperation in this country

Between now and the next meeting Stox will react first, the USD will join in and the FI spreads will blow out - good news, bad news won't matter because Data Dependent is like Humpty Dumpty vocabulary
"`When I use a word,’ Humpty Dumpty said in rather a scornful tone, `it means just what I choose it to mean — neither more nor less.’

`The question is,’ said Alice, `whether you can make words mean so many different things.’

`The question is,’ said Humpty Dumpty, `which is to be master – – that’s all.’'

When MSM turns on Yellen she will be a laughingstock - once the aura is gone maybe some colleagues will become more critical - a downward spiral begins // WSJ, Barron's, BBRG op-ed - somebody goes first, CNBC?

Brisbane PD 22:22 GMT March 16, 2016
Trading the News - FOMC

Re: JY's reply
Actually she did a pretty good job for an on the spot reply in conveying the uncertainties , assumptions & often subjective biases that eventually are forced into a fixed figure. :)

Many more years ago than I care to remember , I had a very pleasant lunch & was completely confused !! :) listening to a panel of 4 high profile economists speak on their projections for the year ahead in a market sector.

Totally unused to the jargon ( & the fudged , conditional language ) coming from a background where a degree of technical precision was expected , it was my first experience of the reality :)


dc CB 22:16 GMT March 16, 2016
Trading the News - FOMC

As I posted earlier this week(end) to JP, that I would sit-on-hands for the FMOC. And IF Yellen raised rates, as a Stamp of Approval of the Recovery Narrative that is being shovelled into the toughs of trader each day, my plan was to BTFD as the momentum and the end of the quarter would compell managers to Buy, buy buy into the start April.

SOOOOOOO the Question now is, given that Yellen did NOT Stamp the Recovey Narrative and given her Performance today with her oh so obvious BullCrap answers: Would You Buy This Pig? (SToX).

Perhaps...the First Move is the Wrong Move, will prove true again.

dc CB 22:06 GMT March 16, 2016
Trading the News - FOMC

dc CB 18:49 GMT March 16, 2016
With that question, Liesman just lost his job
++++++++++++++++++++++++++++++++++++++++++==

The most amusing moment of today's Janet Yellen press conference occured when none other than Steve Liesman asked Yellen a question, one which he may regret as it is dangerously close to "Pedro da Costa" territory.

Steve LIESman:

Madam Chair, as you know, inflation has gone up the last two months. We had another strong jobs report. The tracking forecasts for GDP have returned to two percent. And yet the Fed stands pat while it's in a process of what it said at launch in December was a process of normalization.

So I have two questions about this. Does the Fed have a credibility problem in the sense that it says it will do one thing under certain conditions, but doesn't end up doing it? And then, frankly, if the current conditions are not sufficient for the Fed to raise rates, well, what would those conditions ever look like?



The answer was a 261 word jumbled nightmare of James Joyceian stream of consciousness interspersed with high-end econobabble that we, for one, were completely unable to follow.

This is what Yellen responded verbatim:

Well, let me start -- let me start with the question of the Fed's credibility. And you used the word "promises" in connection with that. And as I tried to emphasize in my opening statement, the paths that the participants project for the federal funds rate and how it will evolve are not a pre-set plan or commitment or promise of the committee. Indeed, they are not even -- the median should not be interpreted as a committee-endorsed forecast. And there's a lot of uncertainty around each participant's projection. And they will evolve. Those assessments of appropriate policy are completely contingent on each participant's forecasts of the economy and how economic events will unfold. And they are, of course, uncertain. And you should fully expect that forecasts for the appropriate path of policy on the part of all participants will evolve over time as shocks, positive or negative, hit the economy that alter those forecasts. So, you have seen a shift this time in most participants' assessments of the appropriate path for policy. And as I tried to indicate, I think that largely reflects a somewhat slower projected path for global growth -- for growth in the global economy outside the United States, and for some tightening in credit conditions in the form of an increase in spreads. And those changes in financial conditions and in the path of the global economy have induced changes in the assessment of individual participants in what path is appropriate to achieve our objectives. So that's what you see -- that's what you see now.

Got that?

Apparently neither did Liesman, who openly admitted in his traditional post-Fed spar with Rick Santelli

Here Is What Janet Yellen Answered When Steve Liesman Asked If The Fed "Has A Credibility Problem"

Amman wfakhoury 20:38 GMT March 16, 2016
GOLD and EURUSD

GBPUSD 14280 confirmed will be reached.

14242 return level ..price will return it if rise or decline.

Amman Dubai Tony 19:41 GMT 03/16/2016 20:37 GMT March 16, 2016
GOLD and EURUSD

Dubai Tony 19:41 GMT 03/16/2016
-----------------------
GBPUSD 14280 confirmed will be reached.

14242 return level ..price will return it if rise or decline.

GVI Forex Blog 19:56 GMT March 16, 2016
CHART POINTS: Free Forex Database
Reply   



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

CHART POINTS: Free Forex Database

Dubai Tony 19:41 GMT March 16, 2016
GOLD and EURUSD

Buy GBPUSD
Entry: Target: Stop:

Sir...could you please share your views on the GBP/USD pair.

Brisbane PD 19:39 GMT March 16, 2016
Global economy : a view by big investors
Reply   
From Reuters News:

Fractured electorate hampers efforts to mend 'slow puncture' economy

The combination of a slow-growth world of shrinking policy options and the splintered political voting patterns it's fostered is stifling the global economy at a critical juncture.
....
While markets tend not to react violently to incremental political developments, there is a worry among many big investors that political surprises will sow ever more volatility as long as the world economy struggles to grow and that economic funk will in itself make those surprises more likely.
"We should expect the improbable to increase," Mohamed El-Erian, chief economic adviser at Allianz, said on a trip to London this week. "The rise of anti-establishment parties is a product of low growth, rising inequality, a political system that's failed to deliver and an over-reliance on central banks."
But, he added: "Markets don't price in extreme political outcomes until they're faced with it."

Amman wfakhoury 19:37 GMT March 16, 2016
GOLD and EURUSD

Amman wfakhoury 09:32 GMT 03/16/2016
EURUSD we have 11125 confirmed from yesterday.
__________________________
11125 reached and hint to move up

PAR 19:36 GMT March 16, 2016
BREAKING NEWS

CATS or LES MISERABLES . Hihi strong labor market with low wages .

Amman wfakhoury 19:35 GMT March 16, 2016
GOLD and EURUSD

Amman wfakhoury 09:27 GMT 03/16/2016
EURJPY 126.40 confirmed if you are interested in
___________________
126.40 reached

Amman wfakhoury 19:34 GMT March 16, 2016
GOLD and EURUSD

Amman wfakhoury 09:26 GMT 03/16/2016
Both will move big ..but no direction yet.
______________________________________
moved big

PAR 19:33 GMT March 16, 2016
Trading the News - FOMC

Crude up over 6% .

GVI Forex 19:31 GMT March 16, 2016
Trading the News - FOMC

Yellen done.

dc CB 19:31 GMT March 16, 2016
overheard from Yellens assistant
Reply   
Madam Chair, there are several Dozen msgs and 3o emails from someone named Kuroda. Do we know anyone by that name?
There's also several voice msgs from someone with an Italian accent, but he didn't leave his name. He sounded very upset.

Mtl JP 19:24 GMT March 16, 2016
Trading the News - FOMC

trying to trade FOMC and yellen's bs is a good example how not to trade

better to only trade when you have very strong compelling indicators suggesting high degree of probability that your planned in/out is going to trump the fact you are entering with a loss and with odds always against you no matter how small

dc CB 19:19 GMT March 16, 2016
BREAKING NEWS

PAR 18:40 GMT
Fed presentation starts to look like Mamma Mia .

no actually its' CATS

PAR 19:03 GMT March 16, 2016
eurusd

The story of the dam collapsing has been going on for 2 years . Every story that can raise crude prices will be in the news . Yellen dovish comments will also help crude as will a lower US dollar .

Provo John 18:58 GMT March 16, 2016
eurusd

There is a problem with that dam and there are risk. In addition, it is true that it is being worked on by an Italian firm. However, the article I believe to be an exaggeration. Chicken Little.

Tallinn viies 18:53 GMT March 16, 2016
eurusd
Reply   
can somebody comment. is this like real story or just ???

http://seekingalpha.com/article/3958254-mosul-dam-opecs-unavoidable-supply-cut

dc CB 18:51 GMT March 16, 2016
BREAKING NEWS

zerohedge ‏@zerohedge 42s42 seconds ago

Yellen unleashes the random word generator

PAR 18:50 GMT March 16, 2016
BREAKING NEWS

And it is always the fault of the rest of the world .

dc CB 18:49 GMT March 16, 2016
BREAKING NEWS

With that question, Liesman just lost his job

GVI Forex john bland 18:48 GMT March 16, 2016
BREAKING NEWS

As usual, this Fed has my head spinning. just as the economy starts to look better they turn more dovish.

PAR 18:48 GMT March 16, 2016
BREAKING NEWS

Hard to believe she will raise rates this year with economic growth coming down . Unemployment rate looks strange when taking in the total economic contest , probably some statistical errors or seasonal adjustments gone wild .

But with lower yields , bonds go up and ... Yellen is making money for the American People .

Trump will have a lot of work .

london red 18:46 GMT March 16, 2016
No fade Trade today

end of session A grade for yellen would be soft dollar and firm stocks. so far they are giving each other a high five.
euro fibs at 34/46/58 werent quite reached while bottom falls out for yen under 40

PAR 18:40 GMT March 16, 2016
BREAKING NEWS

Fed presentation starts to look like Valeant presentation . Lower and lower growth till 2018 Mama Mia .

Livingston nh 18:37 GMT March 16, 2016
No fade Trade today
Reply   
I don't think Yellen can do a draghi -maybe some retracement (profit taking even) - currencies look to be inside daily ranges -- stox and FI probably hold gains // this appears to be USD negative for a while

dc CB 18:35 GMT March 16, 2016
BREAKING NEWS

link thru ZH

presser

dc CB 18:34 GMT March 16, 2016
BREAKING NEWS

4 more years of having to listen to this voice ....Plus Hillary Clinton.

dc CB 18:29 GMT March 16, 2016
BREAKING NEWS

Roget's thoroughly thumbed. New set on order for April

Redlined - the Tweaks

london red 18:27 GMT March 16, 2016
BREAKING NEWS

CB, euro hourly candles. current and last. should close hour close to highs otherwise will lose the lot dwn to pre fomc by top of hour.

GVI Forex john bland 18:26 GMT March 16, 2016
BREAKING NEWS

For release at 2:00 p.m. EDT
Information received since the Federal Open Market Committee met in January suggests that economic activity has been expanding at a moderate pace despite the global economic and financial developments of recent months. Household spending has been increasing at a moderate rate, and the housing sector has improved further; however, business fixed investment and net exports have been soft. A range of recent indicators, including strong job gains, points to additional strengthening of the labor market. Inflation picked up in recent months; however, it continued to run below the Committee's 2 percent longer-run objective, partly reflecting declines in energy prices and in prices of non-energy imports. Market-based measures of inflation compensation remain low; survey-based measures of longer-term inflation expectations are little changed, on balance, in recent months.

Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. The Committee currently expects that, with gradual adjustments in the stance of monetary policy, economic activity will expand at a moderate pace and labor market indicators will continue to strengthen. However, global economic and financial developments continue to pose risks. Inflation is expected to remain low in the near term, in part because of earlier declines in energy prices, but to rise to 2 percent over the medium term as the transitory effects of declines in energy and import prices dissipate and the labor market strengthens further. The Committee continues to monitor inflation developments closely.

Against this backdrop, the Committee decided to maintain the target range for the federal funds rate at 1/4 to 1/2 percent. The stance of monetary policy remains accommodative, thereby supporting further improvement in labor market conditions and a return to 2 percent inflation.

In determining the timing and size of future adjustments to the target range for the federal funds rate, the Committee will assess realized and expected economic conditions relative to its objectives of maximum employment and 2 percent inflation. This assessment will take into account a wide range of information, including measures of labor market conditions, indicators of inflation pressures and inflation expectations, and readings on financial and international developments. In light of the current shortfall of inflation from 2 percent, the Committee will carefully monitor actual and expected progress toward its inflation goal. The Committee expects that economic conditions will evolve in a manner that will warrant only gradual increases in the federal funds rate; the federal funds rate is likely to remain, for some time, below levels that are expected to prevail in the longer run. However, the actual path of the federal funds rate will depend on the economic outlook as informed by incoming data.

The Committee is maintaining its existing policy of reinvesting principal payments from its holdings of agency debt and agency mortgage-backed securities in agency mortgage-backed securities and of rolling over maturing Treasury securities at auction, and it anticipates doing so until normalization of the level of the federal funds rate is well under way. This policy, by keeping the Committee's holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.

Voting for the FOMC monetary policy action were: Janet L. Yellen, Chair; William C. Dudley, Vice Chairman; Lael Brainard; James Bullard; Stanley Fischer; Loretta J. Mester; Jerome H. Powell; Eric Rosengren; and Daniel K. Tarullo. Voting against the action was Esther L. George, who preferred at this meeting to raise the target range for the federal funds rate to 1/2 to 3/4 percent.

Livingston nh 18:25 GMT March 16, 2016
FOMC

in JUNE- Likely the One and Done crowd will be right

dc CB 18:24 GMT March 16, 2016
BREAKING NEWS

so now the Presser. Will Yellen put her foot in it, like Draggie did...and reverse everything within the first 30 mins?

Mtl JP 18:23 GMT March 16, 2016
FOMC

nh // ok so not in march and "can't hike after August - both sides will come after the FED" - so ...

Livingston nh 18:23 GMT March 16, 2016
BREAKING NEWS

JP -- Worked out pretty well for that kid that said the Emperor had no clothes - the Great Unwashed made him the New emperor

Mtl JP 18:20 GMT March 16, 2016
BREAKING NEWS

and lose their career ?
u r not that nasty nh r u ?

Livingston nh 18:18 GMT March 16, 2016
BREAKING NEWS

Other than a RATE Cut this was as dovish as could be imagined -- how's that Forward Guidance from December workin' out -- Never Mind

I hope there is at least one hostile interlocutor at the presser

Mtl JP 18:11 GMT March 16, 2016
Seem 1225 is support

beautiful massive scratch Kwun 14:18 !!

eei-ha !

dc CB 18:07 GMT March 16, 2016
BREAKING NEWS

Janet panicked and folded again in the face of "unequivocally good" data based on what The Fed has said it monitors. Of course there were plenty of excuses:

*FED LEAVES RATES UNCHANGED AT 0.25%-0.5% AS EXPECTED
*FED SAYS GLOBAL ECONOMIC DEVELOPMENTS CONTINUE TO POSE RISKS
*FED MEDIAN FORECAST IMPLIES TWO 2016 RATE HIKES VS FOUR IN DEC

Not too dovish, not too hawkish, a goldilocks statement - just a little more inflation and just a little less unemployment and just another month or two of near-ZIRP rates is what it takes. We are breathless in anticipation.

"Data Dependent" Fed Chickens Out Again - Blames Global Uncertainty For US Rate Hold

london red 18:06 GMT March 16, 2016
BREAKING NEWS

yen 11280 sup. shud hold into presser.

Livingston nh 18:03 GMT March 16, 2016
BREAKING NEWS

Fed Chairwoman Brainerd has decided that the World conditions shall henceforth determine Fed Policy - two hikes and only a half point

GVI Forex john bland 18:00 GMT March 16, 2016
BREAKING NEWS

U.S. Fed Policy Decision March 2016






NEWS ALERT
Rates: Fed Funds Target Range Steady at 0.25%-0.50%

RELEASE: Policy Statement


TTN: Live News Special Offer

GVI Forex Jay Meisler 17:17 GMT March 16, 2016
Trading the News - FOMC

1.1086 was the high just now

GVI Forex Blog 17:09 GMT March 16, 2016
Numbnuts\' Theory of Negative Rates
Reply   

There is a growing feeling that negative interest rates are like pushing on a string and are in fact counterproductive to the goals of stimulating the economy and increasing inflation, Some may argues that negative interest rates are a tax on savers and

Numbnuts' Theory of Negative Rates

PAR 17:07 GMT March 16, 2016
Trading the News - FOMC

Last time it was weakness in the Chinese economy ,this time it will be deteriorating data on the US economy .

GVI Forex Jay Meisler 16:52 GMT March 16, 2016
Trading the News - FOMC

The blip in the EURUSD paused 2 pips below its one year range midpoint at 1.1086, which you can use as a bias setter. See my article:

One Year Anniversary of its Low: Why is EURUSD Trapped in a Range


GVI Forex Blog 16:48 GMT March 16, 2016
GVI Data Calendar for 17 March 2016
Reply   


March 16, 2016 (global-view.com) UPCOMING DATA HIGHLIGHTS for Thursday, March 17, 2016. Trading News Calendar

  • Far East: JP- Trade, AU- Employment
  • Europe: CH- SNB Decision, EZ- final HICP, GB- BOE Decision
  • North America: US- Weekly Jobless, Current Account, Philly Fed, JOLTS Data, LEI, Natural Gas
WEEKLY HIGH IMPACT NEWS:

17-MAR THURSDAY
00:30 AU- 09:00 Employment
08:30 CH- SNB Decision
12:00 GB- BOE Decision
09:30 GB- Retail Sales
13:30 US- Weekly Jobless
18-MAR FRIDAY
12:30 CA- CPI & Retail Sales
12:30 CA- CPI
14:00 US- University of Michigan (prelim)

GVI Data Calendar for 17 March 2016

Livingston nh 16:45 GMT March 16, 2016
Trading the News - FOMC

JP -- I use SPX puts/calls (sometimes NDX or RUT) -- and it would be rare both sides (and my l/t view would have one side w/longer dated on the slim chance that I was wrong on the FED)

dc CB 16:36 GMT March 16, 2016
Mission accomplished
Reply   


The world’s largest coal company, the Peabody Energy Corporation, warned on Wednesday that it might have to file for bankruptcy protection as it struggles to keep up with its debt payments.

In a securities filing, Peabody said waning demand for coal around the world and stiffer regulations had raised “substantial doubt” about whether the company could continue to operate outside bankruptcy.

Analysts have been warning for months that Peabody could follow the nation’s other large coal companies, like Arch Coal, Alpha Natural Resources and the Patriot Coal Corporation, into bankruptcy. The United States coal industry has been pummeled by tighter regulations and competition from cheaper sources of fuel, mostly notably natural gas.
Peabody, which owns and operates coal mines across the United States and Australia, has been trying for weeks to negotiate a deal with its creditors to ease some of its debt payments. But those talks have failed to produce a deal, leaving Peabody with few options outside a bankruptcy filing, analysts say.

Peabody Energy Warns of Possible Bankruptcy Filing

london red 16:36 GMT March 16, 2016
Trading the News - FOMC

red 102 (102 as opposed to 101 is having some idea what you are doing). trade what you expect to happen.

nw kw 16:34 GMT March 16, 2016
Trading the News - FOMC

some think cad terns soft,

nw kw 16:33 GMT March 16, 2016
Trading the News - FOMC

nh- im not god whit gilt but do you see gbp going softer in few more weeks, tki.

Mtl JP 16:31 GMT March 16, 2016
Trading the News - FOMC

3rd time 1.34 usdcad test held now at 1.335-ish
time to see if 1.33 holds ,
I am looking for signal to go long

Mtl JP 16:23 GMT March 16, 2016
Trading the News - FOMC

SnP long/short hedge not subject to murikan rules ?

Livingston nh 16:14 GMT March 16, 2016
Trading the News - FOMC

jp - in my world I use already open

nw kw 16:08 GMT March 16, 2016
Trading the News - FOMC

nh - thanks for insight your always well trustworthy in this place.

Mtl JP 15:57 GMT March 16, 2016
Trading the News - FOMC

nh unless massively corrected by now u may be onto something with audusd

aud COT march 13

Mtl JP 15:51 GMT March 16, 2016
Trading the News - FOMC

have positions both sides BEFORE = OCO type orders or already running tickets ?

Livingston nh 15:47 GMT March 16, 2016
Trading the News - FOMC

Jay - unless there is a hike or only 2 dots w/ lower rates, fade the first move off the statement (or if you feel really lucky have positions both sides BEFORE) // Draghi has had more effect in December and since on the EUR and its satellite currencies than even the reckless FOMC hike and the Yen is in a world of its own SO MAYBE an EM currency (MXN) or AUD or KRW

Tight stops DYOR
_________
I will be using SPX (15 min chart)

Mtl JP 15:40 GMT March 16, 2016
Seem 1225 is support

some of the screaming here on the forum is manifest ignorance of trading leverage where we deal with fractions of a pip to the 4th or 5th decimal confused with percentage move in the real world measured in dollars and cents. Example move from 115 to 110 eur/dlr considered huge move by some traders when in reality it is not an extremely large movement in terms of % change.

The moves on FX appear huge to the 100-200-500:1 retail trader because of leverage. Try trading at 1:1 or at worst 3:1

London Chip 15:29 GMT March 16, 2016
Seem 1225 is support

huh ??in a confused state most would drop their heads slightly and scratch the top of their head while they ponder ... its an automatic reaction just like throwing your hands up when giving up ... never seen eyeball scratching !!

Mtl JP 15:22 GMT March 16, 2016
Seem 1225 is support

scratching ... your eyeball ?

London Chip 15:17 GMT March 16, 2016
Seem 1225 is support

not knocking him ... just having a look at it myself ... and scratching !

Mtl JP 15:14 GMT March 16, 2016
Seem 1225 is support

to his credit Kwun 14:18 has posted a parameterized trade i.e with stoploss

London Chip 15:07 GMT March 16, 2016
Seem 1225 is support

HK Kwun 14:18 GMT 03/16/2016


you must be scratching your head by now ??

Livingston nh 15:05 GMT March 16, 2016
Groundhog Day in OZ

kw - Cable further weakness (thru the declining 21dma) to 1.39, even good data only helped for a minute -- Osbourne budget ("austerity silliness") and Carney are IN Camp so gilts rally // Cable worth a sell for a hawky fed (quick trade)

GVI Forex Jay Meisler 14:56 GMT March 16, 2016
Trading the News - FOMC
Reply   
Markets are now on hold waiting for the FOMC as they have been for most of this week. The firmer dollar tone into the decision suggests a market expecting a less dovish (as opposed to hawkish) Fed that keeps a June rate hike on the racdar. How the so called dot plots are revised will also suggest whether there are 2 or 3 Fed rate hikes on the table and this could influence the reaction.

If the dollar holds firm into the statement (Yellen press conference afterwards), first move would probably be up. However, given the way there have been news whipsaws of late on so called good dollar news, question is do we have a déjà vu or will it signal a revived up for the dollar?

What happens if the first move is down?

Please post your views and any strategies for a discussion during this lull and then read this article:.

One Year Anniversary of its Low: Why is EURUSD Trapped in a Range

nw kw 14:49 GMT March 16, 2016
Groundhog Day in OZ

nh- is gbp in trouble in gilt or you see a trade for gbp?

nw kw 14:47 GMT March 16, 2016
SO DONT HARP AT ME?

gbp charts all on last support some one have plan this week for gbp econ for can crash gbp or hold, tki./?

nw kw 14:43 GMT March 16, 2016
SO DONT HARP AT ME?

soft jpy as will, gl.

nw kw 14:42 GMT March 16, 2016
SO DONT HARP AT ME?

soft eur,swiss strong cad, gl,

GVI Forex john bland 14:31 GMT March 16, 2016
BREAKING NEWS

US EIA Weekly Inventories

U.S. Data Charts






NEWS ALERT
Crude Oil: +1.300 vs. +3.330 exp vs. +3.810 prev.
Gasoline: -0.700 vs. -2.600 exp vs. -4.530 prev.
Distillates: -1.100 vs. -1.260 exp vs. -1.120 prev.
Cap/Util: 89.0% vs. 89.10% prev.




Weekly Petroleum Status

Report



TTN: Live News Special Offer

Livingston nh 14:23 GMT March 16, 2016
Groundhog Day in OZ

Treasury market Munchkins are starting to price in a "hawkish" Wizard Word (JUNE?)
_________
last year April meeting was made unnecessary BUT June was declared to be LIVE - we all know Wizard was only teasing the Munchkins

HK Kwun 14:18 GMT March 16, 2016
Seem 1225 is support
Reply   
Buy Gold
Entry: 1231 Target: Stop: 1225

change to buy

HK [email protected] 13:54 GMT March 16, 2016
SO DONT HARP AT ME?
Reply   



Harp me not:[

Don't harp for me...

NW KW 13:51 GMT March 16, 2016
Gold, important sup. at 1220, below will test critical at 1200.

REPPORTED HEGED FUNS ARE BIGEST LONGS IN GOLD,

NW KW 13:43 GMT March 16, 2016
Gold, important sup. at 1220, below will test critical at 1200.

its free investing in gold now at this price, gov,s are nuts with all f up bonds and usa next, 1 year hold in gold marks has no risk for for deposits. [REPPORTED] SO DONT HARP AT ME?

FFT HH 13:41 GMT March 16, 2016
Wednesday Trade

Sell EURUSD
Entry: Target: Stop:

If stays below 1.1070/75 then can make a move towards 1.10 imvho

HK [email protected] 13:21 GMT March 16, 2016
Gold, important sup. at 1220, below will test critical at 1200.




One additional old chart.

HK [email protected] 13:19 GMT March 16, 2016
Gold, important sup. at 1220, below will test critical at 1200.
Reply   


It is an OR OR for 1200. Back to posting old chart.
And my next post, displays too a very old chart too.

So 1200 is a very important pivot level

GVI Forex john bland 13:16 GMT March 16, 2016
BREAKING NEWS

U.S. Industrial Production & Capacity Utilization February 2016

U.S. Data Charts




ALERT
Ind Production: -0.50% vs. -0.20% exp. vs. +0.90% (r +0.80%) prev.
Capacity Utilization: 76.70% vs. 76.90% exp. vs. 77.10% prev.



target="blank">RELEASE: Industrial Production & Capacity Utilization





TTN: Live News Special Offer

GVI Forex Blog 13:13 GMT March 16, 2016
One Year Anniversary of its Low: Why is EURUSD Trapped in a Range
Reply   

Today marks the one year anniversary of the EURUSD 1.0459 low set on March 16, 2015. Over this period the currency has closed within 1.05-1.15 each day except one,

One Year Anniversary of its Low: Why is EURUSD Trapped in a Range

PAR 13:08 GMT March 16, 2016
TRUMP

USA - Core CPI at 4 year high .

PAR 13:02 GMT March 16, 2016
TRUMP
Reply   
Under a Trump presidency the power of the FED will be cut . Trump will be the boss and not Janet Yellen and her hedge fund . That will be a dramatic change and maybe it is that what the american people want .

Also Europeans would be better of without the ECB and its crooky policies of subsidizing zombie Italian banks .

Its going to be a really interesting year . Lets watch what could be one of the last FED press conferences before Trump takes over ?

GVI Forex Blog 12:51 GMT March 16, 2016
BREAKING NEWS: U.S. Housing Starts & Permits Mixed
Reply   

U.S. House Starts & Permits (000) February 2016

Housing Starts/Permits. Starts and Permits fall, Mixed vs. Expectations.

BREAKING NEWS: U.S. Housing Starts & Permits Mixed

GVI Forex Blog 12:43 GMT March 16, 2016
Breaking News: U.S. CPI A bit Higher
Reply   

U.S. Consumer Price Index February 2016

U.S. February CPI a touch hotter than expected.

Breaking News: U.S. CPI A bit Higher

GVI Forex john bland 12:35 GMT March 16, 2016
BREAKING NEWS

New construction data generally higher than forecast. CPI mixed to higher.

GVI Forex john bland 12:34 GMT March 16, 2016
BREAKING NEWS

U.S. House Starts & Permits (000) February 2016
U.S. Data Charts



NEWS ALERT
Starts: 1.178 vs. 1.150 exp. vs. 1.100 (r +1.120) prev.
Permits: 1.167 vs. 1.200 exp. vs. 1.200 (r +1.204) prev.


New Residential Construction



TTN: Live News Special Offer

GVI Forex john bland 12:32 GMT March 16, 2016
BREAKING NEWS

U.S. Consumer Price Index February 2016

U.S. Data Charts





ALERT
Headline:
m/m: -0.20% vs. -0.20% exp. v 0.00% pre
y/y: +1.00% vs. +0.90% exp. v +1.40% pre
Core:
y/y: +2.30% vs. +2.10% exp. v +2.10% pre


RELEASE: Consumer Price Index


TTN: Live News Special Offer

Livingston nh 12:31 GMT March 16, 2016
CAD
Reply   
JP - just a small core position in USD/CAD - tempted to trade the 4 hr chart but hasn't worked too well in others (GBP, JPY, AUD)

USD/CAD daily avgs still declining BUT MACD looks like it will turn up and crossover first time since the SPIKE in Jan (this signal in JPY hasn't done much for price) // 1.3450 was my upside target for a long time and 21 dma may get there soon so 1.34 might be a good start again
____________
GBP/JPY stopped out early yesterday so looking around

Livingston nh 12:16 GMT March 16, 2016
Groundhog Day in OZ
Reply   
Here we go again - all the Little Munchkins run around waiting for a Sign from the Great and Wonderful Wizard -- and finally the Wizard speaks, Munchkins run off in every direction but at the end of the day folks realize "all hat no cattle" --- Maybe next time
____
Either Press conferences after every meeting or only 4 meetings a year (would anybody notice?)

GVI Forex john bland 12:12 GMT March 16, 2016
Wednesday Trade
Reply   
DAX +40
DJ +1
SP -1

EUR mostly higher on its crosses

WTI $37.09 +0.75

EMPOLI ab 11:05 GMT March 16, 2016
GOLD and EURUSD

Kwun, are u still short at 1233,50 or did u cover it? in case u r still open where is ur tgt
i shorted at 1233,50 but cover at 1235,50 think that in case of break of area 1235/7 can we see a squeeze to 1237
tia for ur reply

PAR 10:23 GMT March 16, 2016
USA - Two handed economists
Reply   
On the one hand US data to disappoint again ? Hard for the FED to be optimistic about US economy . Expect Yellen to be more dovish than market is expecting .

On the other hand US banking industry and Yellen is there to help the banks . May indicate that inflation ( especially in service sector ) is rising faster than expected and that some gentle action may be needed.

HK Kwun 10:06 GMT March 16, 2016
GOLD and EURUSD

thank you wfakhoury master

GVI Forex Blog 09:42 GMT March 16, 2016
BREAKING NEWS: U.K. Employment Data Better
Reply   

U.K. Employment January/February 2016

U.K. Claimant Count falls. (lower=better). Unemployment steady. Earnings better.

BREAKING NEWS: U.K. Employment Data Better

GVI Forex john bland 09:33 GMT March 16, 2016
BREAKING NEWS

U.K. Employment January/February 2016




-- NEWS ALERT --

Claimant Count: -18.0 vs. -9.600 exp. vs. -14.8 (r -28.4) prev.
ILO Rate: 2.10% vs. 5.10% exp. vs. 5.10% prev.
earnings x-bonus: 2.20% vs. 2.10% exp. vs. 2.00% prev.
earnings: 2.10% vs. 2.00% exp. vs. 1.90% prev.


TTN: Live News Special Offer

PAR 09:33 GMT March 16, 2016
UK BUDGET
Reply   
Where did all the money go ?

Amman wfakhoury 09:32 GMT March 16, 2016
GOLD and EURUSD

EURUSD we have 11125 confirmed from yesterday.

Amman wfakhoury 09:29 GMT March 16, 2016
GOLD and EURUSD

Gold into consolidation area 1234-30

Amman wfakhoury 09:27 GMT March 16, 2016
GOLD and EURUSD

EURJPY 126.40 confirmed if you are interested in.

Amman wfakhoury 09:26 GMT March 16, 2016
GOLD and EURUSD
Reply   
Both will move big ..but no direction yet.

London 08:57 GMT March 16, 2016
New signal by our verify account
Reply   
Sell GBPUSD
Entry: 1.41100 Target: +65 Pip Stop: -65 Pip

Visit us for free trial. Check our verify account by Myfxbook


Posted with permission of global-view.com

Forex signals

Hillegom Purk 08:52 GMT March 16, 2016
Trades for the coming year

OK, this was last time:

________________________________
Hillegom Purk 20:14 GMT March 11, 2016
Trades for the coming year: Reply
Hillegom Purk 21:54 GMT March 9, 2016
Trades for the coming year: Reply
1. long gbp/usd on dips CLOSING.
2. Long usd/jpy
3. Long oily boily on dips
4. CAD/jpy longs . Scaling!
5. Copper longs on steep thingies

Still carrying and sometimes scaling:

1. aud/usd and nzd/usd longs. SCALING AUD/USD not much left anymore...
___________________________________
Now today..:
___________________________________
Hillegom Purk 20:14 GMT March 11, 2016
Trades for the coming year: Reply
Hillegom Purk 21:54 GMT March 9, 2016
Trades for the coming year: Reply
1. long gbp/usd on dips ADDING
2. Long usd/jpy . YAWN...
3. Long oily boily on dips. BIGGER YAWN..
4. CAD/jpy longs . WAITING
5. Copper longs on steep thingies. WAITING

Still carrying and sometimes scaling:

1. aud/usd and nzd/usd longs. SCALING AUD/USD not much left anymore... WAITING... only small portion left and shorting on rallies a bit for pips
___________________________
Cheers

HK Kwun 08:48 GMT March 16, 2016
downtrend resumed

Sell Gold
Entry: 1233.5 Target: Stop: 1244

1230 support again? TP first

GVI Forex Blog 08:42 GMT March 16, 2016
Global-View Trading Technologies
Reply   

USD Pivot Points, Support and Resistance Levels. Chart Point tables.

Global-View Trading Technologies

SaaR KaL 08:23 GMT March 16, 2016
GBPUSD 14118 confirmed

I doubt it

Singapore SGFXTrader 08:08 GMT March 16, 2016
GBPUSD 14118 confirmed

Wfak sir, u got anything for Eurusd?

SaaR KaL 08:06 GMT March 16, 2016
Crazy People
Reply   
all you have to do is go nutz and claim you are a prophet
interest groups / organized criminals walk in to document to sustain money flow
What makes you think something like this never happened a few thousand years ago??
No offence to religious friends on your organized youth training...Humans are easier to train then monkeys
They very reason people like Bush, Nixon, Stalin, Hitler, Saddam...etc...come to be important

The Prophet

HK Kwun 07:48 GMT March 16, 2016
GBPUSD 14118 confirmed

Gold
Entry: Target: Stop:

wfakhoury master ,how are you? any direction on gold?

Amman wfakhoury 07:35 GMT March 16, 2016
GBPUSD 14118 confirmed

GBPUSD 14118 confirmed.
14160 return any rise above it will return to it b4 14118 reach
_______________________________
14118 reached


The only one in the world who confirms the next level


SaaR KaL 07:22 GMT March 16, 2016
Trend Analysis + Pivot

USDCAD Weekly
USD/CAD(Close) Buy 1.3376


Daily
USD/CAD(Close) Sell 1.3367

Same thing needs time
========
Monthly
AUD/NZD(Close) Sell 1.1258

Weekly
AUD/NZD(Close) Buy 1.1313

Daily
AUD/NZD(Close) Buy 1.1298

Need more time then expected

SaaR KaL 07:09 GMT March 16, 2016
Trend Analysis + Pivot

weekly
AUD/USD(Close) Sell 0.7461
daily
AUD/USD(Close) Buy 0.7459

Just needs time for the crash

Brisbane Flip 07:08 GMT March 16, 2016
Numbnuts' Theory of Negative Rates

The idea of pushing more cash into the system through QE and then taxing wealth (and the system) with negative interest rates seems counter productive to me.
How a wealth tax can be spun as stimulative when it is actually a policy designed to target equity prices confounds. It will actually encourage (especially the demographically vulnerable) more saving, less discretionary spending and lengthen working careers which will all depress prices, wages and returns.

Its the "ice age of free market capitalism".

SaaR KaL 06:56 GMT March 16, 2016
Trend Analysis + Pivot
Reply   
Day trade

USD/JPY(Close) Sell 113.2996
EUR/AUD(Close) Sell 1.488
EUR/CAD(Close) Sell 1.4813
GBP/USD(Close) Sell 1.4094
XAG/USD(Close) Buy 15.2952
GBP/JPY(Close) Sell 159.7607
XAU/USD(Close) Buy 1236.0337
EUR/USD(Close) Buy 1.1088
NZD/JPY(Close) Sell 74.881

HK Kwun 06:42 GMT March 16, 2016
downtrend resumed
Reply   
Sell Gold
Entry: 1233.5 Target: Stop: 1244

Sell Now

Mtl JP 03:24 GMT March 16, 2016
Numbnuts' Theory of Negative Rates
Reply   
Minus 0.5% interest rate? Bank of Japan’s Kuroda says it’s possible

Published: Mar 15, 2016 10:43 p.m. ET
Deeper negative rate cuts possible ‘theoretically,’ central banker says

“Theoretically speaking, I believe there is a quite large room” for more cuts, Bank of Japan Gov. Haruhiko Kuroda said.

TOKYO — Bank of Japan Gov. Haruhiko Kuroda said Wednesday it is theoretically possible to cut a short-term interest rate to around minus 0.5%, a comment that could add to uneasiness among the public over the policy experiment aimed at beating deflation.

“Theoretically speaking, I believe there is a quite large room” left for the central bank to further lower the deposit rate from the current minus 0.1%, Kuroda said during a parliamentary session. He was referring to the rate the central bank recently imposed on some deposits held by commercial banks, as part of broader efforts to end a negative cycle of price falls and to generate inflation.

Kuroda said it is theoretically possible to bring the rate down to about minus 0.5%, and that he may take such measures if a major global economic crisis potentially threatens Japan’s economy.

Kuroda also said he is “prepared” to unleash additional monetary stimulus through expanding the BOJ’s asset purchase program or further reducing the deposit rate, or both, to achieve his 2% inflation target if necessary.

Link to the would-be defender of Japan from a major global economic crisis potential threat

Hong Kong HK 03:14 GMT March 16, 2016
AceTrader Mar 16: Daily Recommendations on Major -EUR/USD
Reply   
Update Time: 15 Mar 2016 03:07 GMT

EUR/USD - 1.1105
Despite yesterday's 'sterling-led' marginal weakness below Mon's 1.1077 low to 1.1072 in Europe, subsequent rebound to 1.1125 in New York following weak U.S. retail sales data suggests consolidation is in store initially and mild upside bias remains , a firm break above overead res area at 1.1125/35 would signal pullback from last Thursday's 1.1218 peak has ended, then outlook would improve for further subsequent headway towards 1.1193.

On the downside, below 1.1072 would risk stronger retracement of euro's early spectacular rally from last Thursday's 1-month trough at 1.0821 towards 1.1058 (previous res, now sup), loss of momentum should keep price well above 1.1019 (50% r from 1.0821) and bring another rise later this week.

HK [email protected] 01:41 GMT March 16, 2016
BREAKING NEWS



When Obama says Trump will not be the next president of the US, it may mean intentional crush of STOX, to make people mad at Trump nomination.

HK [email protected] 01:26 GMT March 16, 2016
BREAKING NEWS


Trump is a threat to Wall Street-crooks and market manipulators feeding Lazy Democrats with grease money to ignore their monkey business.

So now W.S. is expected to celebrate for next few days.

Haifa ac 01:19 GMT March 16, 2016
BREAKING NEWS

risk of what?!

Cleveland JK 01:13 GMT March 16, 2016
BREAKING NEWS

Trump wins Florida but loses Ohio...risk on?

 




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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