Forex Forum Archive for 07/1/2018

GVI Trader john 22:31 GMT July 1, 2018
BREAKING NEWS:

June 2018
Australia: Mfg PMI
57.4 vs. n/a exp. vs. 57.5 prev.
Australian June 2018 PMI weakens slightly.

GVI Trader Jay Meisler 21:37 GMT July 1, 2018
Mark This on Your Calendar

In a trading world that is increasingly being driven by algos, we will show you in a special online session (see below for details) how to trade like an algo while making your own trading decisions .It is a meeting all should look to attend (send me an EMAIL if you would like a recording of the session).

In the meantime, we suggest taking a look at this article

You Can Trade Like an Algo

New Meeting (starts promptly)
Mon, Jul 2, 2018 11:00- 11:30 GMT (7:00 AM -07:30 EDT) 

Please join my meeting from your computer, tablet or smartphone. 
https://global.gotomeeting.com/join/294809229 

Regards,

Jay Meisler

 

GVI Trader john 21:19 GMT July 1, 2018
Monday Trading Checklist 2 July 2018

For AT Trading

See the Amazing Trader Live!

GVI EURUSD MACRO Bias:

NEGATIVE-Neutral

Spot EURUSD: 1.1672
Pivot Point: 1.1627

This Week: 1.1527-1.1721
Fri: 1.1558-1.1683
Thu: 1.1527-1.1601
Wed: 1.1541-1.1672
Tue: 1.1635-1.1721

20-day avg: 1.1674
50-day avg: 1.1796
100-day avg: 1.2066
200-day avg: 1.1991

Global-View Daily Trading Chart Points

Fed 25bp hike odds for Sep 26: 82% (82%)

Mtl JP 20:04 GMT July 1, 2018
July 1 2018 Trading
Reply   


Exceptionally here is one GAP that I am NOT excited about even though ( or maybe because? ) it is rather large: Fibonacci does not show any more support from which to bounce other than practical total collapse towards ~ zero. I may forfeit some profits by not bet-trading for it to close but for me... the risk is too outsized.

You may feel differently.

Mtl JP 19:41 GMT July 1, 2018
Extra Extra Read All About It.

A July 1, 2018 BLOOMBERG piece headlined
Trump Tweets, Saudis Scramble: Here's How the U.S. Steers OPEC

author Mohammed Sergie could not resist this by-line
Trump has argued that oil is worth $25 or $30 a barrel

and

pointing out that trump "has tweeted about the Organization of Petroleum Exporting Countries at least 63 times since 2011, repeatedly saying the group is “ripping us off” and that crude should cost no more than $25 a barrel. U.S. oil closed Friday at $74.15 a barrel.

Mtl JP 19:28 GMT July 1, 2018
Extra Extra Read All About It.

Ties ... ties ... ties...

Trump blasts OPEC, warns European companies against Iran ties - rtrs

Trump, who is spending the weekend at his golf property in New Jersey, said in a tweet on Saturday that Saudi Arabia’s King Salman bin Abdulaziz Al Saud had agreed to produce more oil.

The White House later walked back the president’s comments, saying the king said his country can raise oil production if needed.

and on ties that bind:

Asked if someone was manipulating oil markets, Trump said: “OPEC is and they better stop it because we’re protecting those countries, many of those countries.”

dc CB 18:58 GMT July 1, 2018
Extra Extra Read All About It.

The Money Honey and DJT

full show

GVI Forex Blog 15:36 GMT July 1, 2018
Monday Trading Checklist 2 July 2018
Reply   

Actionable trading levels delivered to YOUR charts in real-time.

Register To Test Your Amazing Trader

AA: Major, A: High, B: Medium

Mon 2 Jul 2018
A CA- Holiday
A Final Mfg PMIs
AA 04:30 AU- Reserve Bank of Australia
Tue 3 Jul 2018
A Final Mfg PMIs
AA 04:30 AU- RBA Decision
Wed 4 Jul 2018
AA US- Holiday
AFinal Service PMIs
Thu 5 Jul 2018
A Final Service PMIs
A 12:15 US- ADP Payrolls
A 12:30 US- Weekly Jobless
A 14:30 US- EIA Crude
AA 18:00 US- Fed Policy Minutes
Fri 6 Jul 2018
AA 12:30 CA/US- Employment
A 12:30 US/CA- Trade

Mtl JP 15:07 GMT July 1, 2018
Extra Extra Read All About It.

Trump: European Union is possibly as bad as China
@SundayFutures @FoxNews

Mtl JP 14:57 GMT July 1, 2018
Extra Extra Read All About It.

"No we are not backing down on china tariffs" @POTUS @realDonaldTrump @SundayFutures @FoxNews

Mtl JP 13:54 GMT July 1, 2018
Extra Extra Read All About It.

CRUDE OIL
For reference - prices on last Friday:
Brent: $79.50-ish
WTI: $74.50-ish

Mtl JP 11:23 GMT July 1, 2018
Extra Extra Read All About It.

President Trump will be interviewed by Money Honey on Sunday on FoxNews at 10:00 A. M.

GVI Trader john 10:54 GMT July 1, 2018
BREAKING NEWS:
Reply   
Earlier: China National PMI June 2018
NBS: 51.5 vs. 51.7 exp vs. 51.5 prev.

GVI Forex Blog 10:49 GMT July 1, 2018
Imagine Trading Like an Algo
Reply   

Imagine trading like an algo while controlling your own trading decisions? For me it is the best of both worlds and I will explain how this came about. 

Imagine Trading Like an Algo

Bali Sja 08:35 GMT July 1, 2018
Extra Extra Read All About It.

Do you naively believe the Saudis will just do that? Forget about it. Their dream is to get oil above 80 and milk the cow till it is dead.