Forex Forum Archive for 07/04/2018

HK [email protected] 23:58 GMT July 4, 2018
EUR good chance for 1.1720 and later 1.1800 should be placed on watch.
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#

GVI Trader Jay Meisler 23:36 GMT July 4, 2018
Do You Want to Make ? Trading
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For those who could not attend and/or did not request a recording of our online session, Imagine Trading Like an Algo, the feedback has been great and you can get a copy by sending an EMAIL .

Also, as another illustration of the power of our algo and its flexibility, I suggest taking a look at this thread from our Forex Forum, scroll down to read the 3 posts from GVI Trader Jay Meisler, and then view the charts in each of the short posts.

Thread: Do You Want to Make Money Trading

Regards

Jay Meisler

GVI Trader john 20:21 GMT July 4, 2018
Thursday Trading Checklist 5 July 2018

Thursday sees the latest U.S. Fed Minutes. They is one of the major market moving announcements.

GVI Forex Blog 20:18 GMT July 4, 2018
Thursday Trading Checklist 5 July 2018
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Register To Test Your Amazing Trader

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

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

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

---

Thursday Trading Checklist 5 July 2018

Mtl JP 19:45 GMT July 4, 2018
Extra Extra Read All About It.

Paroles paroles ... so sofar crude price zzzs

US vows to keep Gulf waterway open despite Iran's threats - aljazeera

US army spokesman says they will ensure the freedom of navigation, after Tehran hints it might close Strait of Hormuz.

Mtl JP 18:48 GMT July 4, 2018
Extra Extra Read All About It.

U.S. offers German car bosses 'zero tariffs' solution to trade row - Handelsblatt

(Reuters) - The U.S. ambassador to Germany has told German car bosses that President Donald Trump would suspend threats to impose tariffs on cars imported from the European Union if the bloc lifted duties on U.S. cars, a German newspaper reported on Wednesday.

Handelsblatt said Ambassador Richard Grenell told executives from Daimler (DAIGn.DE), Volkswagen (VOWG_p.DE) and BMW (BMWG.DE) during a meeting that in exchange Trump wanted the EU to annul duties on U.S. cars imported to the bloc.

A European Commission spokeswoman declined to comment on the report. She said Commission President Jean-Claude Juncker would discuss trade during talks with Trump in Washington later this month.

Jkt Abel 17:44 GMT July 4, 2018
Do You Want to Make Money Trading?

Pffftt...i am surprised if any one takes PAR seriously at all

Mtl JP 17:37 GMT July 4, 2018
Wednesday Trading Checklist 4 July 2018

ZH has provocative post:

Why Did FRED Suddenly Discontinue Reporting On The Fed's Balance Sheet Normalization?

just speculating

Perhaps it is because the pace of balance sheet normalization is about to take a huge step larger - from around $30bn to around $50bn per month in the next quarter...
Or perhaps its because if 'average joes' accessing FRED can see the normalization accelerating and will notice that the SMART money is piling out of the stock market - and selling to the greater fools chasing momo...

Mtl JP 17:28 GMT July 4, 2018
Do You Want to Make Money Trading?

Look how unlucky is PAR's ticket:
PAR 08:04 GMT July 3, 2018
EURUSD: Reply
Long EURUSD 1.1665 . Stop 1.1635 . Target 1.1800
--
Old hand gv member LA Mel would call such
"right church. wrong pew"

Mtl JP 17:23 GMT July 4, 2018
Do You Want to Make Money Trading?

here is the bbrg pice to which allegedly euro responded.
it is tuff to trade unscheduled releases UNLESS u r an insider with a heads up - which I am not. That is why I said earlier that today is a suckers day.

Some ECB Members See End-2019 Rate Hike as Too Late

Some European Central Bank policy makers are uneasy that investors aren’t betting on an interest-rate hike until December 2019, according to people familiar with the matter.

Mtl JP 17:14 GMT July 4, 2018
Do You Want to Make Money Trading?

Not fading -- robot s got the day off (see 12:33)

Jkt Abel 17:01 GMT July 4, 2018
Do You Want to Make Money Trading?

JP you fade euro?

Mtl JP 16:39 GMT July 4, 2018
EURO

According to ZeroHedge:
EURUSD Spikes After Reports ECB Members "Uneasy" With Market's Dovish View On Rate-Hikes

Amid the illiquidty of a US trading holiday, Bloomberg reports that some European Central Bank policy makers are uneasy that investors aren’t betting on an interest-rate hike until December 2019, according to people familiar with the matter.

Mtl JP 15:47 GMT July 4, 2018
EURO
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EU to extend economic sanctions against Russia on July 5 — source

More:
http://tass.com/world/1011955

Mtl JP 15:18 GMT July 4, 2018
Do You Want to Make Money Trading?

EURO -- no upside follow thru ...
as posted earlier:
Euro - currently a suckers' play

Look at the AT chart Jay posted. Held right in the resistance zone.

GVI Trader john 15:04 GMT July 4, 2018
Thursday AT Trading Checklist
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For AT Trading

See the Amazing Trader Live!

GVI EURUSD MACRO Bias:

NEGATIVE-Neutral
Spot EURUSD: 1.1647
Pivot Point: 1.1650

This Week: 1.1591-1.1682
Wed: 1.1621-1.1682
Tue: 1.1621-1.1673
Mon: 1.1591-1.1692
Fri: 1.1558-1.1683


20-day avg: 1.1681
50-day avg: 1.1782
100-day avg: 1.2044
200-day avg: 1.1989

Global-View Daily Trading Chart Points

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

10-yr Bonds
US: 2.833% -0.7bp
DE: 0.288% -0.4bp
GB: 1.242% -0.3bp
IT: 2.666% +1.9bp

DAX: +71
Implied Open
DJ: +54
SP: +4.7

---

See the Amazing Trader Live!

GVI Forex Blog 14:48 GMT July 4, 2018
Chart Points: Free Forex Database For 4 July 2018
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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 4 July 2018

GVI Trader Jay Meisler 14:06 GMT July 4, 2018
Do You Want to Make Money Trading?



... and here is another chart showing how the Amazing Trader targets can act like magnets.

As I said the decision is yours...Click below to start trading like our algo

The Amazing Trader

Mtl JP 13:06 GMT July 4, 2018
Wednesday Trading Checklist 4 July 2018

oh gawd ... rockstar of banking thinks he needs to justify his keep:

Mark Carney: Speech during a regional visit to the North East (to be published at 10:45)
Text to be released on 5 July 2018 at 10:45
srce: BoE

GVI 12:53 GMT July 4, 2018
BREAKING NEWS:

Germany Justice Minister Katarina Barley (SPD): condemns migrant agreement - German press

- Source TradeTheNews.com

dc CB 12:39 GMT July 4, 2018
Wednesday Trading Checklist 4 July 2018

Garlic butter on lobster?
that's almost like going Long WTI on the 4th of July.
Garlic!!!!

Mtl JP 12:33 GMT July 4, 2018
Wednesday Trading Checklist 4 July 2018

GBP 1.32
-
is that all it can do ? haha
unless it goes back N on 1.3225 AND sustains it ... for a theoretical run at 1.33 --- good luck
-
Euro - currently a suckers play
see my previous posts about this puppy
for now - in this thin market - staying away
u may feel differently / so g/l

Mtl JP 12:27 GMT July 4, 2018
Wednesday Trading Checklist 4 July 2018

stoopid or what ??
u r supposed to drown lobster in (preferably garlic) butter
yeach !

dc CB 12:12 GMT July 4, 2018
Wednesday Trading Checklist 4 July 2018

OMG all that lobster I was scarfing down was tainted with CRUDE
XCCUSE me while I puke some oilly struff

Mtl JP 10:35 GMT July 4, 2018
Wednesday Trading Checklist 4 July 2018

July 6th = chicken blinking day
----------------------------------
"Barring a last-minute breakthrough, the Trump administration on Friday, July 6, will start imposing tariffs on $34 billion in Chinese imports."

GVI Trader Jay Meisler 10:35 GMT July 4, 2018
Do You Want to Make Money Trading?



... and this one hour chart where EURUSD resistance held like a rock,

The Amazing Trader

GVI Trader Jay Meisler 10:33 GMT July 4, 2018
Do You Want to Make Money Trading?
Reply   


Look at this EURUSD chart and the one that follows and decide for yourself

The Amazing Trader

dc CB 10:23 GMT July 4, 2018
PMI

Happy 4th
Jersey Boys

dc CB 10:06 GMT July 4, 2018
PMI

PS QT next All In bet is July 31....sorry U missed the last one.
Mon 7-2 following on the 6-30 QT day...a weekend so the Next Trading Day applies
Dow by 10AM ET Down 200pt...SnP Down 20 pt...

Dude Filter OUT my political post to see the meat.

dc CB 09:55 GMT July 4, 2018
PMI

that is your decision to chose
and then what comes after that choice
I have no idea where it will go

bali sja 09:43 GMT July 4, 2018
PMI

CB, you mean USA=United States of Animals? or A**holes?

Amman wfakhoury 09:42 GMT July 4, 2018
GBPUSD

13211 strong mag level
Sell above it
Buy below it


The only one in the world who confirms the next level and every hour movement

Amman wfakhoury 09:36 GMT July 4, 2018
GBPUSD

Correction
13195 will be seen again

dc CB 09:35 GMT July 4, 2018
PMI

Happy 4th ....Seems that Firecrackers are ILLEGAL where I live ....How did that happen? I tried to buy some to scare off the deer that are eating my garden. U need to buy then in another state and then illegally transport the "crackers" If U want to scare off the Protected Deer. U can't legally shoot them. they are only wanting Food...well your food....Deer R Protected ?????????

Oh well. I must be a racist, or worse a SpeciesPhobe.

Cheers all you Traders!!!!!! Good luck betting on the Insanity in the USof(we are not sure what that A means anymore)

PS QT next All In bet is July 31....sorry U missed the last one.

Amman wfakhoury 09:27 GMT July 4, 2018
GBPUSD

We are in downtrend unless it closed above 13230...
1395 will be seen again.

PAR 09:21 GMT July 4, 2018
MERKEL
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Merkels victory sends stock markets higher .

PAR 09:14 GMT July 4, 2018
GBPUSD
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Long GBPUSD 1.3200 . Stop 1.3150 . Target 1.3500 .

PAR 09:00 GMT July 4, 2018
PMI
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PMI is Fake News . No correlation with economic reality .

What you say depends on where you sit .

GVI Trader john 08:48 GMT July 4, 2018
BREAKING NEWS: U.K. Service PMI Up Beating Street Forecasts In June 2018

PMI data supportive of August BOE rate hike speculation.

GVI Forex Blog 08:46 GMT July 4, 2018
BREAKING NEWS: U.K. Service PMI Up Beating Street Forecasts In June 2018
Reply   
U.K. Services PMI For June 2018 gains beating expections.

BREAKING NEWS: U.K. Service PMI Up Beating Street Forecasts In June 2018

GVI Trader john 08:33 GMT July 4, 2018
BREAKING NEWS:

GB Services PMI May 2018

-- NEWS ALERT --
55.1 vs. 53.9 exp. vs. 54.0 prev.

Markit PMI Press Release

---

TTN: Live News Special Offer

GVI Trader john 08:21 GMT July 4, 2018
Wednesday Trading Checklist 4 July 2018

For AT Trading

See the Amazing Trader Live!

GVI EURUSD MACRO Bias:

NEGATIVE-Neutral
Spot EURUSD: 1.1641
Pivot Point: 1.1649

This Week: 1.1591-1.1682
Wed: 1.1636-1.1682
Tue: 1.1621-1.1673
Mon: 1.1591-1.1692
Fri: 1.1558-1.1683


20-day avg: 1.1667
50-day avg: 1.1773
100-day avg: 1.2052
200-day avg: 1.1990

Global-View Daily Trading Chart Points

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

10-yr Bonds
US: 2.833% -0.7bp
DE: 0.288% -0.4bp
GB: 1.242% -0.3bp
IT: 2.666% +1.9bp

GVI Forex Blog 08:15 GMT July 4, 2018
Equities Lower. 10-yr Yields Mixed. FX: USD & EUR Mixed
Reply   

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

GVI Trader john 08:07 GMT July 4, 2018
BREAKING NEWS: E.Z. Final Service PMIs Mixes Revisions to Flash June 2018 Data

EZ PMI Chart a mixed picture...

GVI Forex Blog 08:05 GMT July 4, 2018
BREAKING NEWS: E.Z. Final Service PMIs Mixes Revisions to Flash June 2018 Data
Reply   
EZ, GE and FR final Service PMIs mixed revisions for June 2018.

BREAKING NEWS: E.Z. Final Service PMIs Mixes Revisions to Flash June 2018 Data

GVI Trader john 08:01 GMT July 4, 2018
BREAKING NEWS:


Final Service PMIs June 2018

ALERT

EZ- Final Service PMIs June 2018
55.2 vs. 55.0 exp. vs. 55.0 (flash)
Germany
54.5 vs. 53.9 exp. vs. 53.9 (flash)

France
55.9 vs. 56.4 exp. vs. 56.4 (flash)
Markit PMI Press Release

---

TTN: Live News Special Offer

dc CB 07:46 GMT July 4, 2018
US Index Futures

funny thing
every Trump rally
plays this
as he comes on and as he leaves

Who Paid and how much

GVI Forex Blog 07:45 GMT July 4, 2018
Wednesday Trading Checklist 4 July 2018
Reply   

Register To Test Your Amazing Trader

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

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

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

---

Wednesday Trading Checklist 4 July 2018

PAR 07:31 GMT July 4, 2018
US Index Futures
Reply   
Why are US index futures open when US stock markets are closed .

Just crazy .

dc CB 07:23 GMT July 4, 2018
INDIA



https://www.youtube.com/watch?v=eJJerr8ypYQ

dc CB 06:44 GMT July 4, 2018
INDIA

Ranbaxy

False NUZ R Not

PAR 06:32 GMT July 4, 2018
INDIA
Reply   
#India's growing bad debt problem is second only to #Italy, BBG reports. Acting Indian FinMin Piyush Goyal said that banks will consider setting up widely-held asset management companies to take over non-performing loans from lenders.

dc CB 06:09 GMT July 4, 2018
Wednesday Trading Checklist 4 July 2018

Tradeable going forward.
The Fix is IN. as if? Released July 3....I'm in the traffic going to the beach...WTF...see U when I get back for the Fri NFP...phoning that in BTW

Trump Bets V Not Trump Bets

Hoppy(sic) Independence DAY...
Where's your really big Money Bet?

DOJ Won't Prosecute Alleged Spy Ring, Cybercrimes

Mtl JP 01:14 GMT July 4, 2018
Wednesday Trading Checklist 4 July 2018

TRADEABLE at bottom of hour
AUD - retail sales and trade balance