Forex Forum Archive for 10/16/2018

GVI 21:13 GMT October 16, 2018
BREAKING NEWS

Fed's Daly (voter): inflation is effectively at Fed's 2% target; labor market is beyond full employment and growth is robust - Notable tailwinds include financial conditions, global growth and fiscal stimulus - A stock market correction is not necessarily worrisome; corrections are rarely driven by a single reason - Source TradeTheNews.com

Mtl JP 21:10 GMT October 16, 2018
Wednesday Trading Checklist 17 October 2018

in light of the last two days' of stox action

Trump says 'my biggest threat is the Fed' - RTRS OCTOBER 16, 2018 / 4:02 PM / UPDATED AN HOUR AGO

seems oxymoronic

Mtl JP 20:52 GMT October 16, 2018
Wednesday Trading Checklist 17 October 2018

hellooo Far East and Asia
DJIA closed uP 547.8 or +2.17%
-
equities are discounting mechanism

Mtl JP 20:43 GMT October 16, 2018
Tuesday Trading Checklist 16 October 2018

USDCAD 1.2938
-
puppy pushed down on to low of 1.2915
BUT held 1,29

I think 1.29 is pivotal
for USD's direction

Bottom Line
currently keeping an open mind and
above all
NOT getting married directionally one way or the other

GVI Trader john 20:38 GMT October 16, 2018
Wednesday Trading Checklist 17 October 2018

For AT Trading

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GVI EURUSD MACRO TREND Bias:


NEUTRAL

Spot EURUSD: 1.1578
Pivot Point: 1.1588

This Week: 1.1541-1.1621
Tue: 1.1566-1.1621
Mon: 1.1541-1.1606

Fri: 1.1534-1.1610
Thu: 1.1520-1.1599

20-day avg: 1.1612
50-day avg: 1.1586
100-day avg: 1.1627
200-day avg: 1.1919

Global-View Daily Trading Chart Points

Fed 25bp hike odds for Dec 19: 78% (80%).

10-yr Bonds
US: 3.170% +0.8bp
DE: 0.503% -0.5
GB: 1.618% +0.4
JP: 0.151% +0.5

DAX: +18
Implied Open
DJ: +7
SP: +3.1

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Mtl JP 20:25 GMT October 16, 2018
Tuesday Trading Checklist 16 October 2018

Well I don't know why I came here tonight,
I got the feeling that something ain't right,
I'm so scared in case I fall off my chair,
And I'm wondering how I'll get down the stairs,
Clowns to the left of me,
Jokers to the right, here I am,
Stuck in the middle with you

Barnier open to extending Brexit transition by another year
Financial Times · 37 mins ago

GVI Forex Blog 19:09 GMT October 16, 2018
Chart Points: Free Forex Database For 16 October 2018
Reply   

Global-View Free FX Database. High-Low-Close data for more than a dozen currency pairs for over seventeen years of data in an Excel spreadsheet format.

Global-View Daily Trading Chart Points

Chart Points: Free Forex Database For 16 October 2018

Mtl JP 17:55 GMT October 16, 2018
Tuesday Trading Checklist 16 October 2018

EURO 1.1573 testing S
be nice if
it would finally visit 1.1520 and
1.1500

GVI 17:14 GMT October 16, 2018
BREAKING NEWS

Cabinet reportedly informed by Chief Whip that Brexit Irish backstop will not pass parliament, does not have sufficient votes - press - Objections to splitting UK in two for an indefinite period of time - Source TradeTheNews.com

Mtl JP 17:02 GMT October 16, 2018
Tuesday Trading Checklist 16 October 2018

earlier euphoric GBP pricing of calendar data appears to have been just temporari relief from brexit
-
back to brexit:
mid-december brexit timeline's ETA
should be an extension of a "tradeable"
Sell GBP Rally theme in the meantime
caveat: risk is sudden announcement of a done deal

Mtl JP 16:46 GMT October 16, 2018
Tuesday Trading Checklist 16 October 2018

N/B
tonite , right after turn of 23:59:59 and dropping onto tomorrow the 17th at 00:00:01 personally drugging self by smoking (only, digestibles are not "legal") marijuana will be, technically, a legal act by canadian adults - with plenty of rules and regulations surrounding it.

GVI Forex Blog 16:45 GMT October 16, 2018
Wednesday Trading Checklist 17 October 2018
Reply   

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

Wed 17 Oct 2018
AA 08:30 GB- CPI
A 09:00 EZ- Final HICP
A 12:30 US- Housing Starts/Permits
A 14:00 US- Existing Homes Sales
A 14:30 US- EIA Crude
AA 18:00 US- Fed Policy Minutes
Thu 18 Oct 2018
A 1:30 AU- Employment
AA 08:30 GB- Retail Sales
A 12:30 US- Weekly Jobless
Fri 19 OCt 2018
AA 12:30 CA- CPI/ Retail Sales

John M. Bland, MBA
co-founding Partner, Global-View.com

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Wednesday Trading Checklist 17 October 2018

Mtl JP 16:38 GMT October 16, 2018
Tuesday Trading Checklist 16 October 2018

GBP sub 1.32 - struggling to hold gains (as it should be)
better late than never I suppose
just a bit inconvenient datsall

GVI Forex Blog 16:18 GMT October 16, 2018
Equities Higher. 10-Yr Bond Yields Mixed. FX: USD And EUR Mixed
Reply   

Equities Higher. 10-Yr Bond Yields Mixed. FX: USD And EUR Mixed

dc CB 15:24 GMT October 16, 2018
Tuesday Trading Checklist 16 October 2018

OpEX week begins. the Yuge risk Premiums that were sold during the October Fear Sale -----oooooo it's 1987 again oooooo ---- are on the way to ZERO.

Mtl JP 15:22 GMT October 16, 2018
RISK ON

Trump said he does not want to “hurt jobs” by sanctioning Saudi Arabia
U said he... doesn't care about innocent children being killed . ...
And then u "Thank you Donald"

GVI Trader john 15:14 GMT October 16, 2018
Tuesday Trading Checklist 16 October 2018

DJ +345
3.171%

PAR 15:10 GMT October 16, 2018
RISK ON

Yemen is a "cash cow " for " Lord of wars " Trump and the US military industry .

$ billions and billions . Trump doesn't care about innocent children being killed . He is commander in CHIEF .

PAR 15:05 GMT October 16, 2018
ITALY

No , Merkel wants to become head of the European Commission and that's why European rules no longer exist in Germany and everywhere in Europe .

Just elect me to succeed Juncker and do whatever you want .

Mtl JP 15:00 GMT October 16, 2018
Tuesday Trading Checklist 16 October 2018

EURO 1.1582 sls getting chewed

UK JY 14:36 GMT October 16, 2018
ITALY

PAR, you have quite an imagination. Do you just make this stuff up?

Mtl JP 14:17 GMT October 16, 2018
RISK ON

any stock(s) in particular - like diapers + baby formula makers for kids in yemen ?

PAR 14:16 GMT October 16, 2018
ITALY
Reply   
Italian yields hit multi month low as Europe gives in on budgetary discipline .

Each country can spend as much as it wants . No more rules .

PAR 14:05 GMT October 16, 2018
RISK ON
Reply   
Saudi's buying US stocks . Thank you Donald .

GVI Trader john 14:03 GMT October 16, 2018
BREAKING NEWS

U.S. NAHB Index Oct 2018

NEWS ALERT
68.0 vs. 67.0 exp. vs. 67.0 (r) prev.

RELEASE: NAHB Index

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GVI Trader john 14:02 GMT October 16, 2018
BREAKING NEWS

ALERT

7.136 vs. 6.900mn exp vs. 6.940 mn (r7.077)prev.


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HK [email protected] 13:55 GMT October 16, 2018
EU President Tusk; Timely jump-in dick!
Reply   
.

GVI 13:51 GMT October 16, 2018
BREAKING NEWS

EU President Tusk: Reiterates no deal scenario more likely than ever before *** Reminder on 10/15 EU President Tusk: a no deal Brexit is more likely than ever before; making every effort for an agreement - letter to EU Council - Source TradeTheNews.com

Mtl JP 13:44 GMT October 16, 2018
BREAKING NEWS

nh no deal is also a deal - use to ur trading advantage
while it lasts
ps c pol

Livingston nh 13:40 GMT October 16, 2018
BREAKING NEWS

At this point in Brexit somebody has to get thrown under the bus in order to get a DEAL -- this has never been a one on one negotiation so a VICTIM must be found -- this should end tomorrow BUT, of course, it won't - we'll get another squishy deadline

Mtl JP 13:32 GMT October 16, 2018
Tuesday Trading Checklist 16 October 2018



the mean-ness of FX market is legendary
trick is to take advantage rather than fall victim to it

GVI 13:30 GMT October 16, 2018
BREAKING NEWS

EU Pres Tusk: there are no grounds for optimism on Brexit before summit; breakthroughs requires new facts and proposals - Source TradeTheNews.com

Mtl JP 13:26 GMT October 16, 2018
Tuesday Trading Checklist 16 October 2018

looks like 1.1620-sh stop hunting sharks had nuff
nb: no guarantee

Mtl JP 13:17 GMT October 16, 2018
Tuesday Trading Checklist 16 October 2018

but this morn in reverse

GVI Trader john 13:16 GMT October 16, 2018
BREAKING NEWS

U.S. Industrial Production & Capacity Utilization September 2018

ALERT
Ind Production: +0.30% vs. +0.20% exp. vs. +0.40% (r ) prev.
Capacity Utilization: 78.1% vs. 78.2% exp. vs. 78.1% (r ) prev.

RELEASE: Industrial Production & Capacity Utilization

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Mtl JP 13:16 GMT October 16, 2018
Tuesday Trading Checklist 16 October 2018

makes me keenly aware of
"what does not maim or kill you disappoints me"

Mtl JP 13:14 GMT October 16, 2018
Tuesday Trading Checklist 16 October 2018

noit 50dma ...sb 100dma

Mtl JP 13:12 GMT October 16, 2018
Tuesday Trading Checklist 16 October 2018

EURO 1.1614
raises the Qtn: euro strength OR DLR weakness ?
I am biased
short against the 20-50dmas

HK [email protected] 13:03 GMT October 16, 2018
NZD/USD; Eventually will sink to 0.6250 level,
Reply   
.

GVI Forex Jay Meisler 12:59 GMT October 16, 2018
Amazing Trader Update

GBPUSD resistance on an AT chart is at 1,3257,76, 97 (most important). Keeps a bid as long as it trades 1.32+

Read this thread for my post on EURGBP (came close to top of .8745-50 AT support). Bounce in this cross is currently giving EURUSD a lift,

The Amazing Trader

Mtl JP 12:55 GMT October 16, 2018
Tuesday Trading Checklist 16 October 2018

GBP 1.3210
1.3250 and particularly 1.33 look like tuff Resistance

Mtl JP 12:44 GMT October 16, 2018
Tuesday Trading Checklist 16 October 2018

EURO 1.1570
just not nuff enthusiasm to curry the pup thru and N of 1.16-ish
20-day 1.1616
100day 1,1628

Odds are puppy will look south to 1.1520-ish , maybe lower
Close sub 1.15 needed to add directional fuel south

jkt abel 10:57 GMT October 16, 2018
Tuesday Trading Checklist 16 October 2018

same with cable....

Mtl JP 10:49 GMT October 16, 2018
Tuesday Trading Checklist 16 October 2018

Gold 1228
-
Notable // as soon as Gold starts to show some leg pundits come out dissing the rally as "not built on a solid sentiment foundation"

GVI Forex Jay Meisler 10:27 GMT October 16, 2018
Amazing Trader Update

If you would like a copy of my latest video, how to use crosses (i.e. eurgbp) to trade spot (eurusd and gbpusd), send me an EMAIL

PAR 09:43 GMT October 16, 2018
ITALY
Reply   
Italian yields drop 10 basis points on fund and ECB buying .

As usual first the funds and then the ECB .

GVI Forex Jay Meisler 09:42 GMT October 16, 2018
Amazing Trader Update
Reply   
EURGBP creating a tug-of-war.

GBPUSD bid while EURUSD turns softer after delayed reaction to ZEW and higher wage growth in UK.

AT shows a 1 hour trendline break at .8772 and next support at .8745-50.

Trades bearish while below .8780

One restraint is risk of a Brexit headline.

All levels and trading patterns can be seen in real-time on the Amazing Trader

The Amazing Trader

GVI Trader john 09:39 GMT October 16, 2018
Tuesday Trading Checklist 16 October 2018

For AT Trading

See the Amazing Trader Live!

GVI EURUSD MACRO TREND Bias:


NEUTRAL

Spot EURUSD: 1.1572
Pivot Point: 1.1577

This Week: 1.1541-1.1606
Tue: 1.1566-1.1599
Mon: 1.1541-1.1606

Fri: 1.1534-1.1610
Thu: 1.1520-1.1599
Wed: 1.1480-1.1516

20-day avg: 1.1616
50-day avg: 1.1586
100-day avg: 1.1628
200-day avg: 1.1921

Global-View Daily Trading Chart Points

Fed 25bp hike odds for Dec 19: 80% (78%).

10-yr Bonds
US: 3.170% +0.8bp
DE: 0.503% -0.5
GB: 1.618% +0.4
JP: 0.151% +0.5

DAX: +18
Implied Open
DJ: +7
SP: +3.1

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GVI Forex Blog 09:25 GMT October 16, 2018
Equities Mixed. 10-yr Yields Mixed. FX: EUR And USD Mixed
Reply   

Equities Mixed. 10-yr Yields Mixed. FX: EUR And USD Mixed

GVI Forex Jay Meisler 09:23 GMT October 16, 2018
Amazing Trader Update

With the risk of posting with hindsight, AT pattern was already showing risk shifting to the downside before the data. Now dependent on 1.1566-68 holding to keep the downside in check.

On the downside, 1.1557, 43, 33-36

Start thinking and trading like our algo

The Amazing Trader

GVI Trader john 09:14 GMT October 16, 2018
BREAKING NEWS: German ZEW Survey Weak in October 2018

Delayed downward reaction in EURUSD to poor ZEW data.

GVI Forex Blog 09:10 GMT October 16, 2018
BREAKING NEWS: German ZEW Survey Weak in October 2018
Reply   
German October 2018 ZEW Survey data weak vs. forecasts.

BREAKING NEWS: German ZEW Survey Weak in October 2018

GVI Trader john 09:03 GMT October 16, 2018
BREAKING NEWS

ZEW much weaker than expected. ZEW blames hard Brexit scenario and trade issues for the miss. Also weakness of German government.

GVI Trader john 09:01 GMT October 16, 2018
BREAKING NEWS

German ZEW Survey October 2018

NEWS ALERT

Current Situation: 70.1 vs. 74.0 exp. vs. 76.0 prev.
Expectations: -24.7 vs. -12.0 exp. vs. -10.6 prev.

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GVI Forex Blog 08:49 GMT October 16, 2018
BREAKING NEWS: U.K. Employment Data Mixed in August/September 2018
Reply   

Data mixed. U.K. Claimant Count higher (lower=better). The unemployment rate 4.00%. Headline Average Weekly Earnings +2.70%.

BREAKING NEWS: U.K. Employment Data Mixed in August/September 2018

GVI Trader john 08:39 GMT October 16, 2018
BREAKING NEWS

Earnings beat expectations

GVI Trader john 08:37 GMT October 16, 2018
BREAKING NEWS

U.K. Employment Aug/Sep 2018

-- NEWS ALERT --
Claimant Count (000): +18.5K vs. +3.6K exp. v. +8.7K (r +14.2K)prev.
ILO Rate: 4.00% vs. 4.00% exp. vs. 4.00% prev.
earnings: 2.70% vs. 2.60% exp. vs. 2.60% (r ) prev.
earnings x-bonus: 3.10% vs. 2.90% exp. vs. 2.90% (r) prev.

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PAR 08:34 GMT October 16, 2018
GERMAN ZEW SURVEY
Reply   
Looking for mega strong figures . German economy is really booming .

GVI Forex Blog 08:25 GMT October 16, 2018
Tuesday Trading Checklist 16 October 2018
Reply   

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

Tue 16 Oct 2018
AA 08:30 GB- Employment
A 09:00 DE- ZEW Survey
A 13:15 US- Industrial Production
Wed 17 Oct 2018
AA 08:30 GB- CPI
A 09:00 EZ- Final HICP
A 12:30 US- Housing Starts/Permits
A 14:00 US- Existing Homes Sales
A 14:30 US- EIA Crude
AA 18:00 US- Fed Policy Minutes
Thu 18 Oct 2018
A 1:30 AU- Employment
AA 08:30 GB- Retail Sales
A 12:30 US- Weekly Jobless
Fri 19 OCt 2018
AA 12:30 CA- CPI/ Retail Sales

John M. Bland, MBA
co-founding Partner, Global-View.com

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Thursday Trading Checklist 17 October 2018

Belgrade Knez 07:34 GMT October 16, 2018
GBP

Dubai MA

"German EU Minister Roth: It Is Clear We Will Get Brexit Deal But EU Must Be Protected"

Dubai MA 07:31 GMT October 16, 2018
GBP
Reply   
Brexit news?

PAR 07:22 GMT October 16, 2018
USDJPY
Reply   
Long from 111.85 . Raise stop to entry level and let it run .

SaaR KaL 07:10 GMT October 16, 2018
Today
Reply   
all pairs I trade
AUD/USD(Close) 0.7150 0.7102
CAD/JPY(Close) 86.4950 85.8221
EUR/CAD(Close) 1.5082 1.5005
EUR/JPY(Close) 129.8608 129.2825
EUR/NZD(Close) 1.7745 1.7552
EUR/USD(Close) 1.1601 1.1556
GBP/AUD(Close) 1.8516 1.8396
GBP/CAD(Close) 1.7122 1.7046
GBP/CHF(Close) 1.3025 1.2963
GBP/JPY(Close) 147.6690 146.7782
GBP/NZD(Close) 2.0140 1.9937
GBP/USD(Close) 1.3169 1.3129
NAS100(Close) 7,146.3014 7,033.3710
NZD/USD(Close) 0.6594 0.6529
SPX500(Close) 2,769.8207 2,741.5658
USD/CAD(Close) 1.3021 1.2963
USD/CHF(Close) 0.9914 0.9848
USD/JPY(Close) 112.2445 111.6471
USOil(Close) 72.6165 70.8993
XAU/USD(Close) 1,230.9878 1,221.4440

PAR 06:44 GMT October 16, 2018
RISK ON
Reply   
PPT buying stock index futures overnight .

Trump supports Saudi Arabia .

PAR 06:34 GMT October 16, 2018
ITALIAN YIELDS
Reply   
Italian yields drop sharply on ECB buying.

SaaR KaL 06:21 GMT October 16, 2018
High and Low today
Reply   
Pair Max Min
EUR/NZD(Close) 1.7745 1.7552
GBP/CHF(Close) 1.3025 1.2963
GBP/AUD(Close) 1.8473 1.8401
USD/CHF(Close) 0.9914 0.9848
GBP/CAD(Close) 1.7122 1.7046
GBP/JPY(Close) 147.6690 146.7782
EUR/JPY(Close) 129.8608 129.2825
EUR/CAD(Close) 1.5082 1.5005
GBP/USD(Close) 1.3172 1.3124
EUR/USD(Close) 1.1601 1.1556
NAS100(Close) 7,146.3014 7,033.3710
GBP/USD(Close) 1.3169 1.3129
GBP/NZD(Close) 2.0140 1.9937
GBP/AUD(Close) 1.8516 1.8396
USD/CAD(Close) 1.3021 1.2963

PAR 05:16 GMT October 16, 2018
ECB DRAGH PONZI MAFIA
Reply   
ECB to buy more Italian bonds in support of the massive increase
of the Italian budget deficit.

Italian debt guaranteed by German taxpayers money ?

SaaR KaL 04:51 GMT October 16, 2018
BOJ INTERVENTION

agree
USD/JPY(Close) 112.1651 111.6212 16-Oct-18
USD/JPY(Close) 112.3245 111.5503 17-Oct-18
USD/JPY(Close) 112.4181 111.5432 18-Oct-18

PAR 04:41 GMT October 16, 2018
BOJ INTERVENTION
Reply   
BOJ buying USDJPY.

SaaR KaL 04:30 GMT October 16, 2018
Tuesday Trading Checklist 16 October 2018

was watching it too

NZD/USD(Close) 0.6601 0.6518 today
1 wk 0.6603 0.6477

SaaR KaL 04:24 GMT October 16, 2018
For Today 16th
Reply   
EUR/USD(Close) 1.1596 1.1565
USD/CAD(Close) 1.3013 1.2964
GBP/USD(Close) 1.3167 1.3130
SPX500(Close) 2,769.46 2,740.90