Forex Forum Archive for 10/25/2018

london red 21:56 GMT October 25, 2018
s&p

its an inside day although spoos decidely more bearish and suggestive of downside tom at some stage. again, if they choose to go up first, the pressure is going to come later on to the downside as per today. if they can gap down first, a tradeable bottom can be made. an early dip to 2616/30 i would buy, otherwise id look to trade the 2700/22/30/50 then look to fade this for downside as you need a long tail to put in a bottom. without an event, there is little chance of an early rally holding into the close.

lkwd jj 21:20 GMT October 25, 2018
s&p
Reply   
Red what do you make of the candle of the /es today with big wick and tail, both bigger than the body itself ? i know candles need a few to see what they mean, but this one after yesterday, going into a weekend tomorrow... just thought id ask

GVI Trader john 20:28 GMT October 25, 2018
Thursday Trading Checklist 25 October 2018

Late Thursday
DJ +401
10s 3.122%

lkwd jj 20:22 GMT October 25, 2018
BREAKING NEWS

late sell off in the market. news ? profit taking or that price is good enough for me selling

london red 19:19 GMT October 25, 2018
BREAKING NEWS

half of them are remainers and half brexiteers. a bit like the incompatibility of the good friday agreement and the single market. neither side is able to compromise given whats at stake going forward. for the uk a return to the bloodshed and for the eu, the first step in the dismantling of itself.

GVI 19:05 GMT October 25, 2018
BREAKING NEWS

Brexit talks reportedly are paused due to disagreements within PM May's own cabinet - press **Reminder: earlier today (UK) PM May's Cabinet meeting with ministers said to be called off - press -

Source TradeTheNews.com

GVI Forex Blog 19:01 GMT October 25, 2018
Chart Points: Free Forex Database For 25 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 25 October 2018

london red 18:56 GMT October 25, 2018
Thursday Trading Checklist 25 October 2018

s&p cash taps 2722 thats the first marker. hourly wick of length unlikely given proximity to new hour so chances are we move to test 2730 channel which has been a fair value line of mine this year. we need to beat 2750 to create some space but its now all about how we close tomorrow. abv or below 2730.

lkwd jj 18:53 GMT October 25, 2018
Thursday Trading Checklist 25 October 2018

market goes up and yields fall ?

GVI Trader john 18:50 GMT October 25, 2018
Thursday Trading Checklist 25 October 2018

DJ +505
10s 3.139%

Wednesday close was down 608 pts

GVI Trader john 18:10 GMT October 25, 2018
Thursday Trading Checklist 25 October 2018

DJ +410
10s 3.358%

still risk on

GVI Trader john 18:01 GMT October 25, 2018
Thursday Trading Checklist 25 October 2018

Street forecast for 3Q18 GDP tomorrow +3.40%.

GVI 18:00 GMT October 25, 2018
Thursday Trading Checklist 25 October 2018

EARLIER:

Atlanta Fed cuts Q3 GDP forecast to 3.6% from 3.9% prior

- Source TradeTheNews.com

PAR 16:56 GMT October 25, 2018
ITALY
Reply   
Italian yields drop sharply as Draghi assures markets a deal will be made
and huge deficits are good

PAR 16:45 GMT October 25, 2018
TESLA
Reply   
Looks like VOODOO accounting completely out of line with reality .
What happened to Sarbanes-Oxley,?

GVI Forex Blog 16:17 GMT October 25, 2018
Friday Trading Checklist For 26 October 2018
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GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium

Fri 26 Oct 2018
AA 12:30 US- GDP
A 14:00 US- Final Univ of Michigan

Mon 29 Oct 2018
A 12:30 US- PCE Deflator
Tue 30 Oct 2018
A 08:55 DE- Jobless
A 10:00 EZ- GDP
A 12:30 US- CB- Consumer Confidence
Wed 31 Oct 2018
A All Day Flash PMIs
A 01:30 AU- CPI
AA 03:00 JP- Bank Of Japan Decision
A 09:00 EZ- Flash HICP
A 12:15 US- ADP Jobs
A 14:30 US- EIA Crude
Thu 1 Nov 2018
A All Day Final Mfg PMIs
AA 12:00 Bank Of England Decision
A 12:30 US- Productivity
A 12:30 US- Weekly Jobless
Fri 2 Nov 2018
A All Day Final Service PMIs
AA 12:30 US/CA- Employment
John M. Bland, MBA
co-founding Partner, Global-View.com

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Friday Trading Checklist For 26 October 2018

london red 16:05 GMT October 25, 2018
EURGBP at parity!?

no deal = 1.00/1.05. for now mkt believes there will be a deal until there is no time left for one. however, the nearer we get the more it shud squeeze higher, but given its glass half full approach the majority of the move is going to happen at the end.
s&p abv 2750 provides some respite but if abv 2722 u shud be on ur way to 2750.

lkwd jj 15:38 GMT October 25, 2018
s&p
Reply   
Red whats the key #on the upside to stop the train wreck ?

Belgrade Knez 15:31 GMT October 25, 2018
EURGBP at parity!?
Reply   

london red

do you still see eurgbp at parity by brexit-March next year, please?

london red 15:04 GMT October 25, 2018
Amazing Trade Update

is the penny finally dropping (no pun intended) re brexit? i doubt it. there of course is going to be no deal but mkt has itsel believing a last minute deal will emerge. today draghi has had his concerns re talks, but think there will be those deluded enough to step in at 89 cents, those with more money than brains, enough money to put in a st top. stop 8922 tgt 8850/30.

GVI Forex Jay Meisler 14:56 GMT October 25, 2018
Amazing Trade Update

EURGBP .8879

Firmer cross driving GBPUSD lower and EURUSD following with a lag as a result.

AT res at .8875 broken. If the break holds, then next target is .8917

All shown in real-time on the Amazing Trader

The Amazing Trader

GVI Forex Blog 14:54 GMT October 25, 2018
Equities Higher. 10-Yr Bond Yields Mixed. FX: USD Up; EUR Down
Reply   

Equities Higher. 10-Yr Bond Yields Mixed. FX: USD Up; EUR Down

GVI Trader john 14:30 GMT October 25, 2018
BREAKING NEWS

EIA U.S. Natural Gas

U.S. Data Charts



ALERT
(BCF) +58 vs: +50 expected

TTN: Live News Special Offer

GVI Forex Blog 14:18 GMT October 25, 2018
BREAKING NEWS: U.S. Pending Homes Sales Better in September 2018
Reply   
September 2018 Pending Homes Sales better than expected.

BREAKING NEWS: U.S. Pending Homes Sales Better in September 2018

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U.S. Pending Homes Sales September, 2018

ALERT
+0.50% vs. -0.10% exp. vs. -1.90% (r ) prev.

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TTN: Live News Special Offer

GVI Forex Jay Meisler 14:11 GMT October 25, 2018
Amazing Trade Update
Reply   
As posted yesterday

GVI Forex Jay Meisler 16:57 GMT October 24, 2018
Amazing Trader Update: Reply
GBPUSD 1.2880

With 1.2895 AT support cleared, next target is 1.2785 if the break holds

The Amazing Trader always gives you levels and patterns to trade.

The Amazing Trader

london red 13:58 GMT October 25, 2018
Thursday Trading Checklist 25 October 2018

s&p early rebound doesnt bode well for later but if they are doing it this way then poss can climb to 2722/30 max then sell off to under 2675 again

GVI Trader john 13:33 GMT October 25, 2018
Thursday Trading Checklist 25 October 2018

FWIW- Draghi did not have a lot to say today. In general, he sounded a little dovish. His goal appeared to be not to upset the markets. ECB was left with a wide range of forward flexibility. I guess that is the definition of a "data-dependent" policy.

GVI Forex Jay Meisler 13:17 GMT October 25, 2018
Trading the ECB Meeting

I told you to watch 1.1432. It was the high (no stops, ran into sellers)

GVI Forex Jay Meisler 12:54 GMT October 25, 2018
Trading the ECB Meeting

Look at EURGBP for the source of EURUSD buying, but still below the 1.1432 level (see my video).

The Amazing Trader

GVI Forex Blog 12:44 GMT October 25, 2018
BREAKING NEWS: U.S. Weekly Jobless Low
Reply   
U.S. Weekly Jobless Claims steady.

<Click on chart for over seventeen-year history

BREAKING NEWS: U.S. Weekly Jobless Low

GVI Trader john 12:31 GMT October 25, 2018
BREAKING NEWS


US Weekly Jobless Claims

ALERT

215K vs. 214K exp vs. 210K (r. ) prev.


TTN: Live News Special Offer




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Durable Goods Orders September 2018




NEWS ALERT
Headline: +0.80% vs. -1.20% exp. vs. +4.40% (r +4.60%) prev.
Ex-Trans: +0.10% vs. +0.40% exp. vs. 0.00% (+0.30%) prev.

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TTN: Live News Special Offer



-76.0
++++



U.S. (USD bn) Advance Goods Balance August 2018



ALERT
vs. -75.1 exp. vs. -75.5 prev.
U.S. Balance on Goods and Services

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TTN: Live News Special Offer

GVI Trader john 11:45 GMT October 25, 2018
BREAKING NEWS

European Central Bank (ECB) October 25, 2018

NEWS ALERT

Refi Rate Steady at 0.00%
Marginal Lending Rate steady at 0.25%
Deposit Rate steady At -0.40%


Press Release: ECB Decision

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TTN: Live News Special Offer

Livingston nh 09:52 GMT October 25, 2018
Thursday Trading Checklist 25 October 2018

The other CB meeting today is in Turkey - the recent Saudi turmoil has deflected attention from the CB/Erdogan clash - the last hike still kept rate under inflation w/ no comment from Erdogan// no action expected today BUT the calm in the TRY market not likely to last

GVI Forex Jay Meisler 09:48 GMT October 25, 2018
Trading the ECB Meeting
Reply   

Contact Us

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GVI Trader john 09:25 GMT October 25, 2018
Thursday Trading Checklist 25 October 2018

The CNBC ECB reporter from Frankfurt said that no changes in ECB policy are expected today. She did indicate that many will be focused on the "balance of risks statement". There is a chance it could be changed to the "downside". Something to watch for.

Livingston nh 09:21 GMT October 25, 2018
BREAKING NEWS

DAX has been falling all year despite negative interest rates - Germans might as well keep EUR in a box under the bed// political shifts are a result of the social unrest and decade long financial repression

GVI Trader john 09:13 GMT October 25, 2018
Thursday Trading Checklist 25 October 2018

Early in NY
DJ +202
10s 3.126%

equities recovered following the close Wed on earnings.

GVI 09:07 GMT October 25, 2018
BREAKING NEWS

IFO Comments: - Growing uncertainties are taking its toll - Will be difficult to achieve GDP growth forecast of 0.6% for Q4; maintains overall 2018 GDP growth forecast at 1.7%- No sign that the Italian budget row was affecting German business climate - Source TradeTheNews.com

GVI Forex Blog 08:16 GMT October 25, 2018
BREAKING NEWS: German IFO Survey Weaker In October 2018
Reply   
October IFO worse vs. forecasts and weaker mo/mo.

German IFO from April 2018 were changed to include services. Earlier data are not available.

BREAKING NEWS: German IFO Survey Weaker In October 2018

GVI Trader john 08:06 GMT October 25, 2018
BREAKING NEWS

IFO misses

GVI Trader john 08:02 GMT October 25, 2018
BREAKING NEWS

German IFO Survey October 2018

NEWS ALERT

Climate: 102.8 vs. 103.2 exp. vs. 103.7 prev.
Current: 105.9 vs. 106.0 exp. vs. 106.4 (r 106.8) prev.
Expectations: 99.8 vs. 100.4 exp. vs. 101.0 (r 100.0) prev.


IFO Climate Survey

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GVI Trader john 08:00 GMT October 25, 2018
BREAKING NEWS

IFO "Lower"

GVI Trader john 07:50 GMT October 25, 2018
Thursday Trading Checklist 25 October 2018

For AT Trading

See the Amazing Trader Live!

GVI EURUSD MACRO TREND Bias:
NEGATIVE
Spot EURUSD: 1.1401
Pivot Point: 1.1467

This Week: 1.1380-1.1550
Thu: 1.1392-1.1420
Wed: 1.1380-1.1476
Tue: 1.1439-1.1493
Mon: 1.1456-1.1550

Fri: 1.1433-1.1534

20-day avg: 1.1528
50-day avg: 1.1589
100-day avg: 1.1616
200-day avg: 1.1897

Global-View Daily Trading Chart Points

Fed 25bp hike odds for Dec 19: 78% (88%).

10-yr Bonds
US: 3.117% -0.3bp
DE: 0.390% -0.3
GB: 1.447% -1.0
JP: 0.114% -2.0

DAX: -19
Implied Open
DJ: +182
SP: +21.5

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See the Amazing Trader Live!

GVI Forex Blog 07:44 GMT October 25, 2018
Equities Lower. 10-yr Yields Down. FX: USD & EUR Mixed
Reply   

Equities Lower. 10-yr Yields Down. FX: USD & EUR Mixed

PAR 07:37 GMT October 25, 2018
ECB DRAGHI=PONZI=MAFIA
Reply   
Draghi to save the world stock markets today . He'll get another white rabbit out of his magical head .

Long Italian bonds .Long EURUSD .Long USDJPY.

GVI Forex Blog 07:32 GMT October 25, 2018
Thursday Trading Checklist 25 October 2018
Reply   

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

Thu 25 Oct 2018
A 08:00 DE- IFO Survey
AA 11:45 EZ- European Central Bank Decision
A 12:30 US- Durable Goods
A 12:30 US- Weekly Jobless
AA 18:00 US- Fed Policy Minutes
AA 18:00 US- Beige Book
Fri 26 Oct 2018
AA 12:30 US- GDP
A 14:00 US- Final Univ of Michigan

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

Mon 29 Oct 2018
A 12:30 US- PCE Deflator
Tue 30 Oct 2018
A
08:55 DE- Jobless
A 10:00 EZ- GDP
A 12:30 US- CB- Consumer Confidence
Wed 31 Oct 2018
A All Day Flash PMIs
A 01:30 AU- CPI AA 03:00 JP- Bank Of Japan Decision
A 09:00 EZ- Flash HICP
A 12:15 US- ADP Jobs
A 14:30 US- EIA Crude
Thu 1 Nov 2018
A All Day Final Mfg PMIs
AA 12:00 Bank Of England Decision
A 12:30 US- Productivity
A 12:30 US- Weekly Jobless
Fri 2 Nov 2018
A All Day Final Service PMIs
AA 12:30 US/CA- Employment
John M. Bland, MBA
co-founding Partner, Global-View.com

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Thursday Trading Checklist 25 October 2018

dc CB 00:47 GMT October 25, 2018
Braking NUZ

today's CONspiracy Crap: but from a BigBank UBS.
With Charts some with Lines on them - ipso facto - Not a CON..Crap. LOL

The Trump administration's trade war and a hard Brexit could send tariffs to levels not seen in 15 years, according to UBS economist, as per Market Watch.
++++++++++++++++++++++++++++++++++++
Battle of the Billionaires - 2018
noted here, several times:

haifa ac 16:12 GMT October 24, 2018 - My Profile
Nasdaq already has had 400: Reply
already 540 points.
Again, this is BIG MONEY playing.

UBS Warns Trump's Trade Fights Are 'Reversing 15-Years Of Global Progress'

Genève DON 00:34 GMT October 25, 2018
s&p

S&P should correct south 5 more %,this could lead to a big rebound
close to the highs of the year and then beeing the start of a big bloody bear market....