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Forex Forum Archive for 06/10/2016

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Click here to join the Live Forex Forum.


Mtl JP 23:23 GMT June 10, 2016
CURRENT CONDITIONS: Risk-Off

hehe what a crazy world !
folks lending to the most irresponsible people money for 10years at all-time record low interest.

One day.... it is going to change.

Livingston nh 21:50 GMT June 10, 2016
BREAKING NEWS

Notwithstanding the demographics and the SNP effect the Brexit referendum is an elite vs folks debate -- if you think you are not being heeded you vote out (that's a natural vote since nobody voted in) // watch the 'soft stat' votes in the US over the next few months because it is a similar TRUMP vote ((the key is turnout because the elite is a smaller % of the population)) -- democracy always tends to the lower common denominator (a terrible form of government)

dc CB 21:41 GMT June 10, 2016
Yen, Swiss franc rise on stock losses, Brexit fears -- Reuters.com

Sides
and hardly any Open Interest for such a pivotal currency

JY COT

GVI Trading Room john 21:35 GMT June 10, 2016
BREAKING NEWS

Brexit Poll Sky News
Leave 53% vs. 47% Stay

Livingston nh 21:22 GMT June 10, 2016
Yen, Swiss franc rise on stock losses, Brexit fears -- Reuters.com

The yen CoT chart should be instructive as to how long yen "strength" can endure

GVI Trading Room john 20:51 GMT June 10, 2016
Yen, Swiss franc rise on stock losses, Brexit fears -- Reuters.com
Reply   
The yen and Swiss franc rose on Friday as oil prices slid and bank shares led global equity markets lower, stoking a fresh wave of bids for low-risk assets.

Jitters about the June 23 referendum on Britain's membership in the European Union intensified the scramble for safe-haven investments, analysts said.


Yen, Swiss franc rise on stock losses, Brexit fears -- Reuters.com

nw kw 20:03 GMT June 10, 2016
OIL

cheaper to pump oil up than oil stocks??????????????????

GVI Forex Blog 20:01 GMT June 10, 2016
CURRENT CONDITIONS: Risk-Off
Reply   

CURRENT CONDITIONS: Risk-Off

nw kw 20:00 GMT June 10, 2016
OIL

always find small print for type rigs at times thay can just be poste hole diggers rigs we call them, that's how YOU determine impact, not market response it rigged for take you for free ride,
its kind of rig and wots it doing important, allway was that way but market found new cash cow............and frees up for firm land in ca they add bigger rigs on hard land. as tabletorks. bin in game to long.

GVI Forex Blog 19:52 GMT June 10, 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

nw kw 19:50 GMT June 10, 2016
OIL

Six U.S. Land Rigs Come Back; More Returns Anticipated

http://www.naturalgasintel.com/articles/106724

GVI Trading Room john 19:43 GMT June 10, 2016
Commitment Of Traders Report
Reply   

Commitment of Trader Report Charts Trader Positions: EUR, JPY, CHF, GBP


Net EUR JPY COT Positions



Click on chart for EUR COT Details






Click on chart forJPY COT Details



X+++++
Net GBP and CHF COT Positions





Click on chart for COT Details







Click on chart for COT Details


Net AUD and CAD COT Positions





Click on chart for COT Details







Click on chart for COT Details




G+++++

Commitment of Trader Report Charts Trader Positions: CAD, AUD, Gold, Oil


Net Crude, Gold, S&P and 10-yr Positions







Click on chart for COT Details










Click on chart for COT Details










Click on chart for COT Details










Click on chart for COT Details





nw kw 19:39 GMT June 10, 2016
OIL

gbpcad again but see if support holds.

nw kw 19:36 GMT June 10, 2016
OIL

pattern Brent gos up past wti than drop this year. gl.

dc CB 19:35 GMT June 10, 2016
The Deal is Sealed
Reply   
the "leaks" begin

How Clinton Donor Got on Sensitive Intelligence Board

nw kw 19:33 GMT June 10, 2016
OIL

oil pit comment time a go they like 30day mv.// for pivots.,gl.kw

nw kw 19:30 GMT June 10, 2016
Friday Trading

Fridays blunt time.

nw kw 19:27 GMT June 10, 2016
Friday Trading

see I cant keep up to nh so adapted to wut I have and net down and still prt time need hft platform for 90% right side but jay stubborn to lat me in.

nw kw 19:22 GMT June 10, 2016
Friday Trading

jp- did you pin s/p

Livingston nh 19:22 GMT June 10, 2016
Friday Trading

FWIW - my system holds 2070 on a daily chart as the key level for Summer

I still hate Fridays

nw kw 19:20 GMT June 10, 2016
Friday Trading

Mtl JP 00:54 GMT 06/10/2016 - My Profile
51.75 to 52 bux is neither fast nor big run up (brent)

Reply


eurusd
nw kw 00:46 GMT 06/10/2016
oil ran up fast up

so jp see always find bank start small end big but aud still driving might gap

GVI Trading Room john 19:15 GMT June 10, 2016
Friday Trading

Levels to watch...
Equity guys saying 2093 is a key level for the close in S&P (2090 last). Then 2085 is a lot more important support.

Livingston nh 19:08 GMT June 10, 2016
Friday Trading

John - the only way FED can get control is to let the market take a hit - sell some of the MONEY they are holding or hike -- FED can't let financial market dictate economy - bad things happen when the inmates run the asylum

GVI Trading Room john 19:02 GMT June 10, 2016
Friday Trading

Sept Fed rate hike odds only 34%.

Livingston nh 19:01 GMT June 10, 2016
OIL
Reply   
WTI is poised on the 21 dma - past two summers have not been favorable to WTI -- three strikes and you're out - HRLY chart looks a disaster

GVI 19:00 GMT June 10, 2016
Friday Trading

bank comment earlier re: Univ of Michigan Survey

long term inflation expectations slowed from 2.5% down to new all time low 2.3%.: sep off the table

london red 18:59 GMT June 10, 2016
JPY

retail sales early nxt wk will decides whether yellen sticks or twists.

Livingston nh 18:51 GMT June 10, 2016
JPY

red - the question for all of these will be the Yellen "inflation restraint" promise - and the YEN is most vulnerable to the "oops" factor

The snapback on NIRP currencies is going to be __________ (your adjective of choice)

london red 18:45 GMT June 10, 2016
JPY

jpy is the safety trade. in such times nobody looks at any other variables (that comes later once evryone stopped out) jpy may overshoot to 100 on brexit. btfd for 105 again. timing is everything. eurjpy suffers similar fate and has prob more downside given eur sales a natural hedge for brexit. usd should exhibit some safety characteristics vs certain currencies and will come out smelling of roses within 6 months.

UK PO 18:43 GMT June 10, 2016
Friday Trading

Was that the same polling organization that had remain in lead by 17 pts a few weeks ago>

Livingston nh 18:40 GMT June 10, 2016
JPY
Reply   
Yen is the odd man out - EUR/JPY dropping like a rock - USD/JPY correction of NFP is a light year away -- CoT figs may show too many folks on one side of the boat // money flowing out of Japan doesn't seem like "strength" so when the turn comes it could be violent -- we just need a trigger

london red 18:40 GMT June 10, 2016
Friday Trading

kiwi closing gap and looks set to not close abv prev wkly highs set april may c. 7055. bearish. a lower kiwi suggests stronger risk off nxt wk with a high of just 7055 poss. so a bad start to wk sees a couple figs to downside by end of wk. one scenario.

GVI 18:33 GMT June 10, 2016
EU Referendum: Massive swing to Brexit � with just 13 days to go
Reply   
Exclusive: polling carried out for �The Independent� shows that 55 per cent of UK voters intend to vote for Britain to leave the EU in the 23 June referendum

EU Referendum: Massive swing to Brexit � with just 13 days to go --Independent.co.uk

london red 18:31 GMT June 10, 2016
Friday Trading

nobody will be intervening to support gbp, as lower gbp helps the economy, so they will welcome it. as for the swings, hedging is taking place and it means for some buying cable if you have an obligation to sell someone cable at a higher price.

Livingston nh 18:01 GMT June 10, 2016
Friday Trading

Cable first to undo NFP lvls - EUR up next break of 1.1225 opens NFP - SPX probably Monday corrects NFP // USD/CAD statring to pay attention to oil but it and AUD have a lot of making up to break NFP

AND THEN we get FOMC and JULY death (?) or dissent

GVI Trading Room john 18:00 GMT June 10, 2016
Friday Trading

GBP fell almost 150 pips on the headline. A sudden price correction back higher could be a product of intervention or thin Friday markets...

I told you this day was not over before all this!

GVI Trading Room john 17:57 GMT June 10, 2016
Friday Trading

That was the ORB/Independent online poll.

--TTN

london red 17:53 GMT June 10, 2016
Friday Trading

cable blasted thru 14320 sup on new polls showing 55/45 for leave. biggest lead yet.

london red 17:51 GMT June 10, 2016
Friday Trading

14187/93 dont be tempted before. v volatile.
euro under 50% fib. nxt 11219

GVI Forex Blog 17:40 GMT June 10, 2016
Forex Trading Outlook for the Week Ahead and the Amazing Trader
Reply   

The week ahead sees a full economic calendar and a full slate of central bank meetings. The key meeting will be the FOMC and while no surprises are expected, markets always move on this key event. The key focus will increasingly be on the June 23 EU referendum and flows in and out of GBP crosses will continue to influence the dollar. See my outlook video for key levels and also click on the link below for our new breakthrough service, the Amazing Trader.�

Forex Trading Outlook for the Week Ahead and the Amazing Trader

nw kw 17:28 GMT June 10, 2016
Friday Trading

stocks so fx in new week,bonds,

nw kw 17:25 GMT June 10, 2016
BREAKING NEWS

Canada 65 vs// fleet of 500// if change 100 is news, pit,

nw kw 17:23 GMT June 10, 2016
eurusd

shortage car gas hear// always a way to trump market.

nw kw 17:22 GMT June 10, 2016
Cause and Effect

ha sand boy cant see market must sand in your head some pro you are for bank hates you trade against you but time you will be part man for your getting les offensive in tern help you hold cliants inset insulting tham, still 2 years you haven't clawed in real world of compaction.

Tallinn viies 17:19 GMT June 10, 2016
eurusd
Reply   
Us oil rig counts up for second week.
this wednesday eia weekly showed US domestic production growth also. only 10k barrel per day but neverthless. if next week growth again in domestic production then crude top for the year may be in place.
personally I favour [email protected] as a yearly top :)

london red 17:06 GMT June 10, 2016
CURRENT CONDITIONS: Risk-Off

euro sitting on 200hma, coiling, so susceptible to a hit. 50% fib at 57 likely shelters stops but ought to get at least one bounce. being late friday, may not be a great deal.

GVI Trading Room john 17:06 GMT June 10, 2016
BREAKING NEWS

Looks like the increase in the rig counts has started to build momentum. Crude sold off BEFORE the report.

GVI Trading Room john 17:03 GMT June 10, 2016
BREAKING NEWS

US Weekly Baker-Hughes Rig Count

U.S. Data Charts




ALERT
Total (inc gas) U.S.: 414 vs 408 (+6) prev
US (oil): 328 vs. 325 (+3) prev

Canada 65 vs. 41 (+24) prev



TTN: Live News Special Offer


Tallinn viies 17:03 GMT June 10, 2016
eurusd
Reply   
U.S. OIL RIG COUNT UP 3 TO 328 , BAKER HUGHES SAYS

GVI Trading Room john 16:36 GMT June 10, 2016
CURRENT CONDITIONS: Risk-Off

Red - as usual, astute observations.

GVI Trading Room john 16:35 GMT June 10, 2016
Friday Trading

I don't think this day is over!

crude slipping into the rig count at the top of the hour. Lower oil should be a negative for equities based on the "old" paradigm.

Al depends on the rig count?

london red 16:31 GMT June 10, 2016
CURRENT CONDITIONS: Risk-Off

A lot of relationships are breaking down due to brexit risk. Next week likely to see even less volume and so heightened volatility. Risk off fx trades will continue to cap relief rallies and those will be the safest trades for those looking for fx action. a lot a cb meets nxt wk but they should all turn out to be duds/dovish given brexit risk. euro16 kicks off tonight and will probably be a bigger draw than fx nxt week. a good chance global equities sell off a bit more, back end of nxt week likely to be worse than today.

GVI Trading Room john 16:17 GMT June 10, 2016
CURRENT CONDITIONS: Risk-Off

You might have to refresh page to update chart

Nothing constructive here for Fed or other central banks...
-- All red in equities
-- Fixed income prices have recovered a bit, but yields ending the week lower
-- Crude prices down
-- Gold up, safety trade? surely not inflation worries!
-- Look at European bonds. Safety trade? Moving out of high credit risks to lower risk

-- EUR mixed on its crosses

GVI Forex Blog 16:12 GMT June 10, 2016
CURRENT CONDITIONS: Risk-Off
Reply   

CURRENT CONDITIONS: Risk-Off

HK Kwun 16:02 GMT June 10, 2016
Another opportunity
Reply   
Buy Gold
Entry: 1270 Target: Stop: 1260

Previous 1266 long is TP at 1276, now long again

GVI Trading Room john 15:36 GMT June 10, 2016
Friday Trading

No credibility for Fed

Odds on a rate hike by yearend down to a new post NFP low of 72%.

July hike odds only 20%. Markets increasingly fading risk of any Fed hike. EVER!

tokyo joyya 15:25 GMT June 10, 2016
short gbp!

cable is very range bound 1.43/1.47.....gbpjpy also still in range 152/164

hk ab 15:19 GMT June 10, 2016
e/j
Reply   
seems e/j can't close under 120.50 hourly is bottoming signals....
With gold retreat, long more for 122.

Livingston nh 14:47 GMT June 10, 2016
DRAGHI NIRP

Central Banks were never designed to be independent of government - they are "lenders of last resort" -- liquidity // they have been burdened with, or have encouraged, the expansion of the basic function into the regulatory, economic and fiscal functions properly reserved to the political order

They have no competence beyond the primary function

PAR 14:32 GMT June 10, 2016
DRAGHI NIRP
Reply   
What options do central banks have? According to Bridgewater�s Ray Dalio, the last result could be the central banks just giving away cash. �It�s a big problem like a slow growing cancer,� Dalio said in a recent Bloomberg interview.

Off to the beach . Have a nice weekend .

Livingston nh 14:20 GMT June 10, 2016
Friday Trading

John - rush to bunds but peripheral FI getting sold (reversal of earlier week buying) - EUR has more risks than just Brexit

GVI Trading Room john 14:14 GMT June 10, 2016
Friday Trading

EURUSD demand has nothing to do with the USD its coming out of the EURGBP. cross. People selling GBP and buying EUR.

GVI Trading Room Jay Meisler 14:14 GMT June 10, 2016
Guess the EURUSD and Win a Prize

Last day to enter

Win a Complimentary Annual Subscription to Max McKegg�s FX Forecasting/Trading Service

All those who participate win a free one week free access to Max�s service.

As an amusing exercise with a Real Prize on offer you are Invited to submit your best Guesstimate of where EUR/USD will be at 3pm New York time on July 1st. The person who is closest will win a complimentary Annual Subscription to Max McKegg�s renowned FX Forecasting/Trading Service $1,290 value).


Click here to submit your guesstimate

Deadline no later than the New York close this Friday (June 10) to qualify for the prize. Good Luck!


GVI Forex Blog 14:06 GMT June 10, 2016
BREAKING NEWS: U.S. University of Michigan Survey In Line
Reply   

Preliminary University of Michigan Sentiment Index June 2016

U.S. Data Charts
Preliminary March Michigan Survey roughly in line. Data revision in two weeks.

BREAKING NEWS: U.S. University of Michigan Survey In Line

GVI Trading Room john 14:00 GMT June 10, 2016
BREAKING NEWS

UM in line

GVI Trading Room john 14:00 GMT June 10, 2016
BREAKING NEWS

Preliminary University of Michigan Sentiment Index June 2016

U.S. Data Charts




NEWS ALERT
94.3 vs. 94.5 exp. vs. 94.7 prev


RELEASE: Index of Consumer Sentiment


TTN: Live News Special Offer

GVI Trading Room john 13:55 GMT June 10, 2016
Friday Trading

I am wondering if falling U.S. bond yields and lower EURUSD due to QE by ECB. Eurozone seeking any yield as long as it is positive. Thanks to the central banks, the Fixed Income markets are dysfunctional.

nw kw 13:55 GMT June 10, 2016
short gbp!

mean pull starting eurgbp long, pos aud to but cat getting it to

tokyo joyya 13:51 GMT June 10, 2016
short gbp!

just expecting gbp rise bfore 23june thats all....

nw kw 13:51 GMT June 10, 2016
short gbp!

see how thin it is

Cape May jb 13:50 GMT June 10, 2016
short gbp!

UK news? Brexit poll?

nw kw 13:48 GMT June 10, 2016
short gbp!



g/a 4 h

nw kw 13:47 GMT June 10, 2016
short gbp!

last support fre fall gbpaud ?

nw kw 13:44 GMT June 10, 2016
Cause and Effect

grab your gold??????????????????????

tokyo joyya 13:44 GMT June 10, 2016
short gbp!
Reply   
Buy GBPJPY
Entry: 153.15 Target: open Stop: later

bout also bout gbpusd 1.433......happy trade

nw kw 13:43 GMT June 10, 2016
Cause and Effect

aud in game getting softer bang seller

nw kw 13:41 GMT June 10, 2016
Trade Signal

gbpjpy a runner might be for all day?

London AzaForex 13:24 GMT June 10, 2016
Trade Signal
Reply   


Sell GBPCHF
Entry: 1.3855 Target: 1.3735 Stop: 1.3885

Tips from the masters for trading on forex.
British Pound is very weak in recent days. Also coming referendum on secession of Britain from the European Union is putting pressure on its quotes. Taking this into account, Swiss franc looks more stable. If the currency pair continue falling, this will be not a conquest of the franc, but the weakness of the pound. For several days now the pound is in a downward trend, investors and traders are in no hurry to invest in the British currency. Therefore, if the price will overcome the support level 1.3855, we open a short position.

The price is below a simple moving average 200 MA and 20 MA indicating bearish trend.
The MACD trend indicator is below zero level now, indicating bearish movement.

If the support level is broken you can use the following recommendation:
� Chart timeframe: H4
� The trade recommendation: Sell
� The level of entry into short position 1.3855
� The level of profit and close the position: 1.3735 (120 pips)

nw kw 13:11 GMT June 10, 2016
Cause and Effect

2 day swiss in. drop no more pigeon's // copper looks red flag.

tokyo joyya 13:04 GMT June 10, 2016
Cause and Effect

what happen today????everything down..

GVI Trading Room john 13:00 GMT June 10, 2016
Friday Trading

Some analysts are expecting the preliminary June University of Michigan Survey will be weaker than the consensus for a slight fall. Markets have little else to trade on today, so they will likely respond to an outlier.

Otherwise, I will be keeping an eye on equities today as my guide. Lets see if the inverse relationship with the EURUSD kicks in.

GVI Forex Blog 12:39 GMT June 10, 2016
BREAKING NEWS: Canada Employment Gains
Reply   

Canada EMPLOYMENT May 2016

Canada Jobs: Stronger than expected

BREAKING NEWS: Canada Employment Gains

Livingston nh 12:37 GMT June 10, 2016
Cause and Effect
Reply   
Now that June hike is off the table and the 2/10 spread dipped under 90 some opinions that the Fed can't hike into a flattening yield curve -- the yield curve offered a better opportunity for the Fed last June but Greece made them blink - if you compare the y/y change in the curve the 2yr is virtually unchanged despite Dec hike whill everything shorter is a bit higher and the long end is much lower (looks like a bent propeller) // It seems to me the Fed is causing the distortion that it then reacts to -- demand for treasurys is very high (see auction) but the Fed holds a huge position out of the market - its DOTS and statements confuse and befuddle market expectations

The markets have no cushion for shox

GVI Trading Room john 12:31 GMT June 10, 2016
BREAKING NEWS

Strong report full-time jobs +60.5K

Mtl JP 12:31 GMT June 10, 2016
Friday Trading

1.2680 Th's low
maybe support

GVI Trading Room john 12:31 GMT June 10, 2016
BREAKING NEWS

Canada EMPLOYMENT May 2016



NEWS ALERT

Jobs: +13.8K vs. +3.8K exp. vs. -2.1K prev.
Rate: 7.10% vs. 7.10% exp. vs. 7.10% prev.



RELEASE: StatCan Monthy Employment Report





TTN: Live News Special Offer

Mtl JP 12:27 GMT June 10, 2016
Friday Trading

1.2744
I have my robot parametered to try to catch a potential pop uP reaction
trgt 40pips if it gets lucky

london red 12:23 GMT June 10, 2016
Friday Trading

loonie end of day straddle about 60 pips. with nothing else going on that a bit rich. nothing there.

Livingston nh 12:21 GMT June 10, 2016
Friday Trading

Staying close to home early - USD/CAD daily chart still looks lower but 4 hr offers some upside - so 1.2750 for a break back above 1.28+ // stop 1.2710 (for me on 1/2 position) -- Canada employment may be weaker and that's the kicker

PAR 12:21 GMT June 10, 2016
Finally a Great Idea
Reply   
Chancellor Angela Merkel separately announced that in the long term, the EU should aim for a common economic zone with Moscow that would extend from Russia's Pacific port of Vladivostok to Lisbon.

GVI Trading Room john 12:18 GMT June 10, 2016
Friday Trading

I don't see key Canadian employment data impacting the USD. It can always impact USDCAD. Many will be focused on any fallout from the Alberta fires and also the recent rise in crude.

london red 12:18 GMT June 10, 2016
Friday Trading

for those exposed by writing options, they need swings to be able to properly hedge out the risk. hence the toing and froing.

Mtl JP 12:11 GMT June 10, 2016
Friday Trading



red I rather think gbp is heading towards the red line and if it does not hold... woosh 1.42-ish / 1.3850-ish

n/b trading this puppy makes me extremely leary
I am not recommending it to me

london red 12:00 GMT June 10, 2016
Friday Trading

cable. there a case to be made for fading a fall to 4350 if its reached on a spike lower rather than a drift. not without risk as bottom may fall out if broken so keep a stop close by.

london red 11:55 GMT June 10, 2016
Friday Trading

its just scaremongery and trying to influence undecideds/ignorants on his part. the benefit of the incompetence of exporting very little and importing a great deal means a v strong hand for the uk come trade discussions in the event of a brexit. The uk imports a great deal more to the eu than it exports and thats the key here on this issue. As for the EEA, thats another bargaining chip. Again with more coming into the UK than out, restrictions here will just harm euro members. Uk will threaten to pull out of EEA, the EU backs down and compromise achieved.
Bottom line is, almost nothing will change in terms of trade. UK is oo big a market. Global corps will ensure to it. Otherwise its affects their bottomlines and that just wont do.

Mtl JP 11:22 GMT June 10, 2016
Friday Trading

haha, what fool Sch�uble. who would have thought eh ?

No single market access for UK after Brexit, Wolfgang Sch�uble says

In Der Spiegel interview German finance minister rules out Britain�s chances of enjoying bloc benefits from outside EU

GVI Trading Room 10:36 GMT June 10, 2016
Guess the EURUSD and Win a Prize

Last day to enter

Win a Complimentary Annual Subscription to Max McKegg�s FX Forecasting/Trading Service

All those who participate win a free one week free access to Max�s service.

As an amusing exercise with a Real Prize on offer you are Invited to submit your best Guesstimate of where EUR/USD will be at 3pm New York time on July 1st. The person who is closest will win a complimentary Annual Subscription to Max McKegg�s renowned FX Forecasting/Trading Service $1,290 value).


Click here to submit your guesstimate

Deadline no later than the New York close this Friday (June 10) to qualify for the prize. Good Luck!


GVI Trading Room john 09:44 GMT June 10, 2016
There is Strategy. And there is Tactics.
Know the DIFFERENCE


peut etre

Mtl JP 09:39 GMT June 10, 2016
There is Strategy. And there is Tactics.
Know the DIFFERENCE


john 09:36 on se voit sur la plage ? :-)

GVI Trading Room john 09:36 GMT June 10, 2016
There is Strategy. And there is Tactics.
Know the DIFFERENCE


JP- well put re Brexit risks

Mtl JP 09:18 GMT June 10, 2016
There is Strategy. And there is Tactics.
Know the DIFFERENCE

Reply   
BREXIT
-
I hate to appear patronizing. Most - probably - on the forum understand and heed and mind risk to account, so this post is not for you.

I have received email peddling BREXIT: How YOU can PROFIT from the Opportunity of a Lifetime. (Strategy)

I have also received email from all 3 of my brokers warning about BREXIT induced volatility and about margin changes. Those changes - how-ever temporary - are massive. (Tactic)

Rather than be seduced by opportunity of a lifetime I prefer to duck and reduce my trading tickets if not outright clear my trading deck and go on holidays and join my French gov't employees on the beach for a week. And personally regenerate to live to trade again later.

Bottom Line
Better to regret a missed opportunity than
cry over deeply regrettable trade(s)

PAR 09:17 GMT June 10, 2016
EUROPE

Taking profit on European equity shorts and moving cash out of the bank before the bank collapses .

jkt abel 09:12 GMT June 10, 2016
buy usdjpy?

red do you have anything in regards to kiwi for this brexit play?

london red 09:05 GMT June 10, 2016
buy usdjpy?

pre brexit its not going to break 105/10550/16 without bounces. too many large interests and barriers to cut like a knife. but mkt underhedged again for brexit so chf and jpy bids to be expected as well as softness in gbp and euro vs the usd. use any spikes higher in cable on any polls (they will be coming thick and fast) to fade since plenty of folk will need to hedge. option writers need to transfer risk for every new option they sell. fwiw cable straddle covering referendum about 8 big figs.

Mtl JP 09:04 GMT June 10, 2016
CURRENT CONDITIONS: Risk-Off

PAR the 10-yr bund is not (yet) negative yield
see john's table below

jkt abel 08:58 GMT June 10, 2016
no brexit

yes, complacency tells the story...
no fear until it happens...what where when which shouldve wouldve couldve....as usual

manila tom 08:56 GMT June 10, 2016
no brexit
Reply   
yes, no brexit, not sure why all this brexit induced fear
enjoy european cup soccer, all is good

perth wtr 08:52 GMT June 10, 2016
no brexit
Reply   
worry not, last minute effort will ensure no brexit, all is good

jkt abel 08:49 GMT June 10, 2016
buy usdjpy?

red, if new low and 107 scramble for exit

london red 08:41 GMT June 10, 2016
buy usdjpy?

jin event of brexit. usdjpy will trade dwn 5-10 figs initially so folk hedging. clearly gbpjpy the main threat but usdjpy under pressure too as are other jpy pairs. some euro hedging taking place too. euro set to suffer vs usd on brexit.

jkt abel 08:30 GMT June 10, 2016
buy usdjpy?

i would be cautious with that idea
good luck....

kl fs 08:28 GMT June 10, 2016
buy usdjpy?

shawn, adding 107.04, stop 106.55?

kl shawn 08:26 GMT June 10, 2016
buy usdjpy?

usdjpy >107
hopefully it has seen bottom

GVI Trading Room john 08:25 GMT June 10, 2016
Friday Trading


WEEKLY HIGH IMPACT NEWS:
10-Jun FRIDAY
00:00 CN- Holiday
12:30 CA- Employment
12:30 US- Productivity
14:00 US- University of Michigan

13-Jun MONDAY
No Major Data
14-Jun TUESDAY
08:30 GB- CPI
12:30 US- Retail Sales
15-Jun WEDNESDAY
00:30 AU- Employment
08:30 GB- Employment
13:15 US- Industrial Production
14:30 US- Crude
18:00 US- Fed Decision
16-Jun THURSDAY
03:00 JP- BOJ Decision
07:30 CH- SNB Decision
08:30 GB- Retail Sales
11:00 GB- BOE Decision
12:30 US- CPI
12:30 US- Weekly Jobless
17-Jun FRIDAY
12:30 CA- CPI
12:30 CA- Retail Sales
12:30 US- Housing Starts & Permits


Trading Themes --
  • Its a risk-Off mood heading into the weekend, as equity managers globally have been taking a more cautious view on current stock prices. In the end, it is earnings, not interest rates, that will be needed to drive prices higher. Naturally, the move out of stocks has driven bond prices higher (lower yields).

  • At this hour, the US 10-yr note remains below the 1.70% line at 1.675%, -2.7bp and the German 10-yr bond is barely above zero at 0.028% -2.0bp as quantitative ease in the Eurozone continues unabated. The Japanese 10-yr is -0.146% -3.7bp. Imagine PAYING 14bps to buy a 10-yr bond. The positive U.S. yield should keep the USD relatively attractive in forex markets.

  • Key data today is Canadian job data and the preliminary University of Michigan Survey from the States. It will be a big week for central bank decisions in the week ahead with the BOJ, FED, BOE and SNB all announcing their policies. I don't see any of them changing rates. .

John M. Bland, MBA
co-founder Global-View.com


GVI Trading Room john 08:24 GMT June 10, 2016
Dollar enjoys reprieve as euro, sterling feel the heat -- Reuters.com

Interesting their results are almost exactly what Jay has been getting consistently in his ongoing poll for well over a month. For the record, our sample size is larger than BT's.

london red 08:05 GMT June 10, 2016
Dollar enjoys reprieve as euro, sterling feel the heat -- Reuters.com

re brexit, this affected sentiment

bt poll
http://home.bt.com/news/uk-news/eu-referendum-four-out-of-five-btcom-readers-to-back-brexit-poll-suggests-11364067000659#disqus_thread

GVI Trading Room john 07:51 GMT June 10, 2016
Dollar enjoys reprieve as euro, sterling feel the heat -- Reuters.com
Reply   
The dollar index was on track for a modest weekly gain on Friday, having bounced off this week's one-month lows as the euro took a heavy spill while sterling stayed under a cloud on jitters over the upcoming Brexit vote...

Dollar enjoys reprieve as euro, sterling feel the heat -- Reuters.com

HK Kwun 07:47 GMT June 10, 2016
Gold 1262

sell? thx wfakhoury master

GVI Trading Room john 07:45 GMT June 10, 2016
CURRENT CONDITIONS: Risk-Off

You might need to refresh forum to update table

All RED (Risk-Off) for equities at this hour
as a result bond yields are down
EUR mixed on its crosses
WTI pivoting $50.00

Amman wfakhoury 07:44 GMT June 10, 2016
Gold 1262

we have 1262 yesterday mag. level.
1265.5 mag level for today.

Sell add sell if rise.


The only one in the world who confirms the next level


Amman wfakhoury 07:42 GMT June 10, 2016
Gold 1262
Reply   
We have 1262 as return level .


The only one in the world who confirms the next level


jkt abel 07:41 GMT June 10, 2016
buy usdjpy?

around 106.40-50 is more appropriate
just a quick glance, not betting it myself

GVI Forex Blog 07:41 GMT June 10, 2016
CURRENT CONDITIONS: Risk-Off
Reply   

CURRENT CONDITIONS: Risk-Off

kl shawn 07:39 GMT June 10, 2016
buy usdjpy?
Reply   
anybody buy usdjpy here?

HK Kwun 07:36 GMT June 10, 2016
GBPUSD Sell

Gold
Entry: Target: Stop:

wfakhoury master, any direction on gold pls?

PAR 07:27 GMT June 10, 2016
EUROPE

Unwinding of long European stocks - Euro shorts could give the EURO a brief lift .

PAR 07:26 GMT June 10, 2016
EUROPE
Reply   
Selling more Dax ,Cac, Ftse MIB , Ibex stock futures . The only antidote against Draghi is being short European stock markets .

Amman wfakhoury 07:25 GMT June 10, 2016
EURUSD Sell
Reply   
Sell add sell if rise.


The only one in the world who confirms the next level


Amman wfakhoury 07:22 GMT June 10, 2016
EURUSD
Reply   
upward unless breaks down 11280 and keeps below it.

Amman wfakhoury 07:11 GMT June 10, 2016
GBPUSD Sell
Reply   
Amman wfakhoury 14:38 GMT June 6, 2016
GBPUSD Sell: Reply
Amman wfakhoury 13:47 GMT 06/06/2016
any rise above 14420 will return to it
any decline below 14380 will return to it.
__________________________________

we can sell here 14457 add sell if rise tp 14420

14420 reached

The only one in the world who confirms the next level


PAR 07:07 GMT June 10, 2016
GERMANY
Reply   
German stocks crash as german bund yields go more negative .

HK Kwun 07:06 GMT June 10, 2016
Gold is in strong uptrend, no sell
Reply   
Buy Gold
Entry: 1266 Target: Stop: 1256

Buy now

Mtl JP 06:34 GMT June 10, 2016
Friday Trading

how cool is this , eh ?

Nikkei, Hang Seng hit by worries about slowing global growth

Mtl JP 06:29 GMT June 10, 2016
Friday Trading

kl fs , yes and yes although at reduced volume
need to see more uP side move , 1.2770+ and 1.2850+ would become more encouraging.
until then trade carefully

Belgrade Knez 06:14 GMT June 10, 2016
EURUSD

london red

thank you for your valuable view.

kl fs 06:09 GMT June 10, 2016
loonie
Reply   
JP, are you still trading loonie? still BOD?

london red 05:59 GMT June 10, 2016
EURUSD

11306 not 02

london red 05:58 GMT June 10, 2016
EURUSD

Knez as per my update yest, the sup is poss compromised in that at least one bounce cannot be assumed with any great conviction given they frontran the sup yest off 11305. hence was my pref to fade 11339-41 and 58 with stop at 63.
im now looking at 11254-57 the 50%, ahead of that is 200hma and pivot baed sup at 71/72
res for euro 11302 and 26 initially then 39/41 and key 58.

Belgrade Knez 05:47 GMT June 10, 2016
EURUSD
Reply   

london red

is your view about eurusd still going long from 1.1295/1.13 for profit at 1.14, please?

thank you.

tokyo joyya 03:12 GMT June 10, 2016
Friday Trading

Mtl JP 02:26 GMT 06/10/2016

yes from 76 sell is ok but if 80 then more good fall break...

nw kw 02:32 GMT June 10, 2016
Friday Trading

nzd and bonds put fear in market and a/u toppish and gbpaud still on support usa will win for weekend for russal reversing.

Mtl JP 02:26 GMT June 10, 2016
Friday Trading



what do u boyz n gulz think
sell or _ ?

Mtl JP 01:48 GMT June 10, 2016
eurusd



I am suspecting dlr strength rather than euro weakness
bunch of EM/Asia minors itching to cut rates adding up

tokyo joyya 01:41 GMT June 10, 2016
eurusd

eurusd keep going down

tokyo joyya 01:38 GMT June 10, 2016
eurusd

just hoping for jpy weakness usdjpy 111.8 nzdjpy 80 gbpjpy 165 then easy to buy jpy....

nw kw 01:33 GMT June 10, 2016
eurusd

sgd doing run ap 20 gold pars up not xsgd?gl

nw kw 01:19 GMT June 10, 2016
eurusd

for this time day but revisable can be there plan, a/u reved. big fish at work so look out

Mtl JP 00:56 GMT June 10, 2016
eurusd



what everybody sees ...

Mtl JP 00:54 GMT June 10, 2016
eurusd

51.75 to 52 bux is neither fast nor big run up (brent)

nw kw 00:46 GMT June 10, 2016
eurusd

oil ran up fast up

Mtl JP 00:19 GMT June 10, 2016
eurusd

eur weakness = dlr strength

chart-wise, it is deep bellow 1.13, even only on the hourly bar plainly visible. 1.1285 needs to hold if u r long

nw kw 00:13 GMT June 10, 2016
eurusd

se a reason for usd strength?

nw kw 00:11 GMT June 10, 2016
eurusd

riggers have got in cad sell.

 




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