Mtl JP 22:49 GMT July 5, 2018
BREAKING NEWS:
Yestrday (thursday)
"BEIJING � The United States is �opening fire� on the world with its threatened tariffs, China warned on Thursday, saying no one wants a trade war but it will respond the instant U.S. measures go into effect as Beijing ramped up the rhetoric in the heated dispute.
... .. ...
�China will not bow down in the face of threats and blackmail and will not falter from its determination to defend free trade and the multilateral system.� - Commerce Ministry spokesman Gao Feng
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not sure how much uP the totem pole Gao is to draw anything from those paroles.
Mtl JP 22:40 GMT July 5, 2018
BREAKING NEWS:
Pre - asia open DLRCNY
ahead of President Trump's midnight tariffs of some chinese teddybears
Just for the record.
I have NO idea what to expect and if anything on which instrument.
Ideas welcome.
(preferably profitable ones)
Mtl JP 22:26 GMT July 5, 2018
BREAKING NEWS:
hmmm ... and I tot after midnight of Friday
duh..m me
maybe stocks will drip a few off the Donald/Xi love fest
GVI 21:26 GMT July 5, 2018
BREAKING NEWS:
Pres Trump: confirms China tariffs will go ahead after midnight tonight - press - Source TradeTheNews.com
lkwd jj 21:19 GMT July 5, 2018
nikkei 225
Reply
my chart showing double top at 23k with low of 22k between them which has been broken so its 21k here we come. the why and how ill leave to others to explain. any body else see what i see ? or do you see it differently ?
HK RF@ 21:07 GMT July 5, 2018
Looks like we are for critical days.
Reply
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Keep on pumping the Ponzi Stox up and up, to narcotize the masses, and make them believe that all is still ok for the coming few days.
Just believe in almighty PPT that will take care of your profits forever.
If China will find a creative way to strike back, expect the unexpected.
But likely the Ponzi US Stox will at least be shaken.
And if things may go wrong, at least there will be someone else to blame(China:)
Mtl JP 20:46 GMT July 5, 2018
Friday Trading Checklist For 6 JuLY 2018
with china on record with its tariff on Murikka to come only as retaliation would mean that , sequentially for it to be a response , Trump will have to go first with his at the passing of Friday midnight meaning Xi needs to politely wait until ITS saturday midnight IF the starting is supposed to be Trump's and the retaliating (having promised not to be first one to slap the tariff) Xi's .
I don t have magic with which to place orders during market close :(
Mtl JP 20:31 GMT July 5, 2018
Friday Trading Checklist For 6 JuLY 2018
Stocks too, having closed uP, appear to be excited about prospect of President Trump spanking china with tariffs. What a change from scardy crow attitude just a day or two ago.
Odds about even market will get more volatile IF china dares to complain let alone retaliate.
HK RF@ 19:59 GMT July 5, 2018
MANY SAW DOWNSIDE RISKS TO US GROWTH AND INFLATION ASSOCIATED WITH....
Reply
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The above, is a very strong point, where other world economies are slowing down because of trade war, which at last will engulf the US economy too. Falling of commodity prices and sanctions worldwide, may bring political instability in unexpected places. Rate hikes of the USD may not be so aggressive as expected.
GVI Forex Blog 19:30 GMT July 5, 2018
Friday Trading Checklist For 6 JuLY 2018
Reply
Register To Test Your Amazing Trader
GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium
Fri 6 Jul 2018
AA 12:30 CA/US- Employment
A 12:30 US/CA- Trade
Tue 10 July 2018
AA 08:30 GB- Ind/Prod Output, Trade
AA 09:00 DE- ZEW Survey
Wed 11 July 2018
A 12:30 US- PPI
A 14:00 CA- Bank Of Canada Decision
A 14:30 US- EIA Crude
Thu 12 July 2018
AA 12:30 US- CPI
Fri 13 July 2018
A 14:00 US- Prelim University of Michigan
John M. Bland, MBA
co-founding Partner, Global-View.com
Friday Trading Checklist For 6 JuLY 2018
GVI 18:39 GMT July 5, 2018
BREAKING NEWS:
Trade Sec Fox reportedly raised concerns in meeting with PM May about her Brexit customs plan - press - Source TradeTheNews.com
GVI 18:04 GMT July 5, 2018
BREAKING NEWS:
FOMC MINUTES FROM JUN 13TH MEETING: MANY SAW DOWNSIDE RISKS TO US GROWTH AND INFLATION ASSOCIATED WITH EVENTS IN EUROPE AND EMERGING MARKETS; SHOW BROAD SUPPORT FOR GRADUAL RATE HIKES AMID 'VERY STRONG' ECONOMY
- Source TradeTheNews.com
GVI 16:50 GMT July 5, 2018
BREAKING NEWS:
Brexit Min Davis said to oppose PM May plan on customs and goods ahead of Friday cabinet meeting - press - Specifically opposes plan to tie UK to EU rules on goods - Source TradeTheNews.com
Mtl JP 16:47 GMT July 5, 2018
Thursday Trading Checklist 5 July 2018
some of u kids may be interested in discussing trading tactics about the minutes that are heralded as a mother of trading opp
me... I going out for some icecream.
nh ... reading that (just) some 33 quebekrs died already in the heat here
you may want to reconsider about conquering the land here and your plantation delusion: this country, I tell you, is dangerous
and that is without guns
GVI Trader Jay Meisler 16:43 GMT July 5, 2018
Thursday Trading Checklist 5 July 2018
Bali and others. Here is my suggestion. If you want to see what we believe is the best bias indicator, then try the Amazing Trader.
Here is what it is showing: Bias is down with key level on top at 1.3175, with 1.3160 standing in front of it.
Support at 1.3120-30 briefly broken, a void below until 1.2919 with a 4 hour trendline at 1.3080 ahead of it.
So risk has been pointed down and USDCAD has traded accordingly., Friday's CDA jobs #s will be a key with BoC decision next week. Market likely to overreact to the data if any surprise in it.
The Amazing Trader
Mtl JP 16:35 GMT July 5, 2018
Thursday Trading Checklist 5 July 2018
personal bias: nega
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algo robot: no bias & no opinion. she just sits there watching for price-acceleration like a hunter knowing there is rabbit in the den just not knowing out which hole (the N or S one) is it going to run out, just that at some moment in time it will... so my robot is like a hunter with shotgun waiting for the rabbit to make its choice but the barrel turning once it does and then fired buckshot catching up with it fraction of a second later.
Mtl JP 16:17 GMT July 5, 2018
Thursday Trading Checklist 5 July 2018
USDCAD 1,3125
cheap risk trade opportunity as
puppy sits for a while now on the perfect what currently is Support line
waiting for a breakout either side
someone before me already said that "rewards go to the fearless"
GVI Forex Blog 15:55 GMT July 5, 2018
German Chancellor Merkel Survives Leadership Crisis. Bank Of England to Hike?
Reply
John M. Bland, MBA, co-founder, Global-View.com
Merkel To Survive?�Late Monday, word got out that German Chancellor Angela Merkel and Interior Minister Horst Seehofer had reached an agreement which ended a two-week face-off over immigration. The dispute between two parties in the ruling coalition had threatened to break up the government. Merkel has staked her legacy on welcoming hundreds of thousands of migrants into Germany. She agreed on Monday on camps for those seeking asylum and to tighten the border with Austria to rescue her government. The plan envisions setting up holding centers at the German border for refugees already registered in other European Union countries
German Chancellor Merkel Survives Leadership Crisis. Bank Of England to Hike?
GVI 14:55 GMT July 5, 2018
BREAKING NEWS:
Iranian Revolutionary Guard Chief: threat to block Strait of Hormuz will be implemented if necessary - The Strait of Hormuz will be for all or it will be for no one - Source TradeTheNews.com
Mtl JP 14:41 GMT July 5, 2018
Thursday Trading Checklist 5 July 2018
the risk... is that stocks would likely ROCKET if trump tweets he is postponing tom's tariffs on china.
anybody got a fly on the wall ? tia
Mtl JP 14:32 GMT July 5, 2018
Thursday Trading Checklist 5 July 2018
GVI Trader john 20:21 GMT July 4, 2018
Thursday Trading Checklist 5 July 2018: Reply
Thursday sees the latest U.S. Fed Minutes. They is one of the major market moving announcements.
-
Powell is on multiple record that he has NO concerns over market volatility -- that he is set on course for more interest rate hikes.
SO... unless the minutes are somehow engineered to "correct" that propaganda (or player perception) ... they should be a wet noodle.
Mtl JP 14:20 GMT July 5, 2018
Thursday Trading Checklist 5 July 2018
President Trump's tariffs on china are supposed to kick in tomorrow
UNLESS something happens to post-pone them in the meantime
some last minute winning compromise.
maybe worth while watching the presidential twitter account
or stocks (SnP for example is currently in a Gap uP at moment from last close)
GVI Trader john 14:04 GMT July 5, 2018
BREAKING NEWS:
U.S. ISM Services PMI June 2018
MORE: U.S. Data Charts
ALERT
59.1 vs. 58.3 exp. vs. 58.6 prev.
Employment sub-component
53.6 vs. 54.1 prev.
NY JM 13:53 GMT July 5, 2018
Thursday Trading Checklist 5 July 2018
Bottom line is that the market has been buying GBP in anticipation of PM May making a fresh Brexit proposal on Friday and now it has been rejected both inside the UK and by Merkel even before she could announce it.
So it is higher UK rate risk vs. ongoing Brexit soap opera.
Mtl JP 13:46 GMT July 5, 2018
Thursday Trading Checklist 5 July 2018
Euro and 1.1720
Bottom Line
Now that the stop has been chewed and price not showing an impulsive followthru odds are decent that puppy slips back to ~1.1655ish and jerks players around some more around there.
-
Yesty was a suckers' day.
Odds are so will be today.
And tomorrow .
GVI Trader john 13:46 GMT July 5, 2018
BREAKING NEWS:
U.S. Markit final Services PMI June 2018
U.S. Data Charts
ALERT
56.5 vs. 56.5 exp. vs. 56.5 (flash)
GVI Trader Jay Meisler 13:32 GMT July 5, 2018
What does it mean to trade like an algo?
As i have said before, we find more often than not AT is signaling a directional risk before news comes out, and why GBPUSD in this case was already vulnerable to a headline.
GVI Trader Jay Meisler 13:28 GMT July 5, 2018
BREAKING NEWS:
GBPUSD weaker on this (and EURGBP higher)
09:16 (UK) Germany govt reportedly consider Prime Min May's Brexit customs proposals unworkable - press
- Source TradeTheNews.com
Mtl JP 13:26 GMT July 5, 2018
Thursday Trading Checklist 5 July 2018
I did not think the link to bbr post
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.
to just two iffy waffly words for algo ...�some� �too late� would cause so much "what does not maim or kill you disappoints me" entertainment
probably shows that algos are NOT always on (as market zzeed at time of the bbr piece)... but that they do scan retroactively as evidenced by the delayed price reaction
GVI Trader Jay Meisler 13:24 GMT July 5, 2018
What does it mean to trade like an algo?
I can answer all questions with this GBPUSD chart.
GBPUSD bearish AT pattern => algo strategy sell either at 1.3266 or 1.3263 depending on level of aggression you choose => you see the result
Just a matter of putting yourself inside the algo.
Sign uo for The Amazing Trader
HK RF@ 12:45 GMT July 5, 2018
wtf, no stops at 1.1720?????
Reply
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Probably there are stops, so short players are trying to prevent it from being taken, because the next will be 1.1800:(
GVI Trader Jay Meisler 12:12 GMT July 5, 2018
What does it mean to trade like an algo?
JP, I am not talking about high frequency trading algos that trade for a fraction of a pip.
You subscribe to AT and have seen how well it works.
Mtl JP 12:07 GMT July 5, 2018
What does it mean to trade like an algo?
Jay .... re "so they may lack the flexibility" is a big leap.
operative word being "so" and "may".
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I submit that massive data inflow on top of very fast connections between computers, massive computational power of even only personal computers parsing the speed and magnitude of the dynamics of exchange rates allows even simple coded algos to trade flexibly as they adjust - say with a 1/100 or 1/1000 of second lag to market dynamic - such as for example adjusting decision to trade or not - like for ex when spread should exceed s/l - adjusting ticket size and adjusting trailing s/l or t/p based on incoming strength of impulse or even reversal in it.
btw the 1/100 or 1/1000 second is actually , in this day of state of technology, a minimum standard of speed. My algo for example continuously monitors the round speed of a signal between my computer and my dealer and takes that into account as it makes its trading decisions. And I am just a regular retail schlep on a basic domestic internet connection communicating with a dealer whose server sits many thousands of miles away competing with computers that are connected at speed of light (299,792,458 meters per second)
GVI Trader Jay Meisler 11:26 GMT July 5, 2018
What does it mean to trade like an algo?
Reply
Algos are mindless and function according to the logic programmed into them. One issue with algos is that markets rarely operate like a textbook so they may lack the flexibility to adapt to a change in trading conditions.
Thinking and trading like our algo is different.
The Amazing Trader algo, is designed to highlight patterns in the market using the trading levels/lines it generates to trade following its decision rules. It has the flexibility to adapt to changing market conditions. It continuously highlights opportunities for trading
So imagine being able to put yourself in the mind of our algo but rather than ceding control, you are able to execute trades using its logic. For us it is the best of both worlds.
Contact me to get a recording of our live session, Imagine Trading Like an Algo
Sign up for The Amazing Trader
GVI Trader john 09:56 GMT July 5, 2018
BREAKING NEWS:
Dolenc refuting earlier ECB "sources"?
GVI 09:55 GMT July 5, 2018
BREAKING NEWS:
ECB's Dolenc (Slovenia): Reiterates ECB key rate to remain low for long, till late 2019 (in-line with other members)
- Source TradeTheNews.com
GVI Trader john 09:52 GMT July 5, 2018
BREAKING NEWS:
Carney signaling an August 2 rate hike? I think so... So does the GBP
Mtl JP 09:51 GMT July 5, 2018
Do You Want to Make Money Trading?
Jkt Abel 17:44 GMT 07/04/2018 ... should U be taken seriously ?
PAR has her moments of humor, socio-leftist delusions, sarcasm or indignation... but she does post parametered trades either ahead of time or as they happen on time.
Looking in the Archive at your YTD posts: lots of Qtns but not one parametered trade call. n o t o n e
Be a gentleman, re-consider and perhaps offer an apology to PAR. Lest you suffer The Wrath of "what does not maim or kill you disappoints me" a divination card and curse of FX.
GVI 09:47 GMT July 5, 2018
BREAKING NEWS:
BOE Gov Carney: International data have been mixed since May, reduced productivity growth would be expected to compound output losses from a sustained trade war - Newcastle
There are some tentative signs that more hostile and uncertain global trading environment dampening acitivty- International data have been mixed since May, reduced productivity growth would be expected to compound output losses from a sustained trade war - Headline inflation still expected to rise in short term because of energy prices-
Reiterates that tighter monetary policy will be needed
- Source TradeTheNews.com
GVI Trader Jay Meisler 09:44 GMT July 5, 2018
Do You Want to Make ? Trading
If you think like our algo then you can trade like our algo and here is the chart shows the current picutre
EURUSD range narrowed to 1.1678-96 with 1.1696 a double top (a key AT level) blocking the HOD at 1.1710 and the key 1.1720 level.
On the downside, yesterday's illiquid news driven high at 1.1675 needs to hold as support to keep 1.17+ at risk.
The Amazing Trader
GVI 09:43 GMT July 5, 2018
Thursday Trading Checklist 5 July 2018
This was the headline that hit the tapes late Wednesday
Some ECB members are said to be worried that investors don't see a rate hike until late 2019, a hike as soon as Sept or Oct 2019 is possible depending on economic outlook at the time - financial press - Source TradeTheNews.com
GVI Trader john 08:15 GMT July 5, 2018
BREAKING NEWS:
EZ Retail PMI in June 2018 remains just barely in expansion...
PAR 08:09 GMT July 5, 2018
GERMANY
Reply
German economy is booming ,almost overheating .
bali sja 05:02 GMT July 5, 2018
RF@, euro
Reply
i hope you are right, but maybe more stalled bottom pickers in retail trading, unwinding of few indicators then we may resume another leg down
HK RF@ 04:40 GMT July 5, 2018
Iran threatens to block Strait of Hormuz
Reply
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Tehran, Vienna: The commander of the Al Quds Force in the Revolutionary Guards on Wednesday said Iran will block oil shipments through the Hormuz Strait if US President Donald Trump stops Iranian oil sales.
Qassem Solaimani�s comments came as President Hassan Rouhani pledged that Iran will stand firm against US threats to cut Iranian oil sales and said Washington had not thought about the consequences of such a move.
�The Americans say they want to reduce Iranian oil exports to zero... It shows they have not thought about its consequences,� Rouhani was quoted as saying by state news agency Irna on an official visit to Vienna.
Rouhani�s comments echoed his remarks on Tuesday when he hinted at a threat to disrupt oil shipments from neighbouring countries if Washington presses ahead with its goal of forcing all countries to stop buying Iranian oil.
LINK
HK RF@ 04:27 GMT July 5, 2018
EUR good chance for 1.1720 and later 1.1800 should be placed on watch.
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Bali
If I shall use cryptic title then... Mtl JP will comerush out and accuse me of not being specific about the trade.
Anyway I am not here to satisfy anyone. What is sure is that EUR for the moment is heavily shorted by traders and may move up easily, at least by short squeeze.
