Mtl JP 20:28 GMT July 18, 2018
BREAKING NEWS:
The So What that "EU negotiators reportedly are discussing Ariticle 50 extension" was worth a Northerly whipsaw in GBP between 1.3059 - 1.3082 and potentially shows markets bias about any minute prospect of UK staying somehow / anyhow tied to the EU (i.e. denied its independence)
Mtl JP 20:12 GMT July 18, 2018
BREAKING NEWS:
begging .... BEGGING ??
s there some other meaning to that term than what Webster says:
: to ask for as a charity (see charity 1a) �begging food from strangers
�begged him for some change
2 a : to ask earnestly for : entreat �beg forgiveness
�I beg your pardon.
b : to require as necessary or appropriate �a scene that begged to be photographed
3 : evade, sidestep �begged the real problems
or maybe - for perspective - find out who at tradethenews penned that.
GVI 19:59 GMT July 18, 2018
BREAKING NEWS:
EU negotiators reportedly are discussing Ariticle 50 extension - press - The UK invoked Article 50 of the Treaty on European Union on 29 March 2017, begging the United Kingdom's withdrawal from the European Union (Brexit). The UK govt has repeatedly said it will leave the EU on March 29th, 2019. - Source TradeTheNews.com
Mtl JP 19:56 GMT July 18, 2018
Thursday Trading Checklist 19 July 2018
john 19:42 - something wonki with
Spot EURUSD: 1.1680
Pivot Point: 1.1685
lets call it a gremlin as:
1) spot is approx. 1.1639 at timestamp
and
2) Pivot is at 1.1638
srce:
Forex Pivot Points by the pros at Global-View.com table
not bothered to check the rest
GVI 18:17 GMT July 18, 2018
BREAKING NEWS:
FEDERAL RESERVE BEIGE BOOK: ECONOMIC ACTIVITY ROSE MODERATELY TO MODESTLY IN 10 OF 12 DISTRICTS;
- Dallas had strong growth, St Louis slight growth
- Prices and employment rose at modest to moderate pace - Extent of pass-through from input to consumer prices remained slight to moderate
- Manufacturers in all Districts expressed concern about tariffs and in many Districts reported higher prices and supply disruptions that they attributed to the new trade policies
- - Source TradeTheNews.com
GVI 17:46 GMT July 18, 2018
BREAKING NEWS:
Unnamed UK cabinet minister says Conservatives have come to their senses and will stick together in support of the Chequers deal - press
- Source TradeTheNews.com
GVI Trader john 15:35 GMT July 18, 2018
BREAKING NEWS:
Its a bit difficult to explain, but when I was an institutional trader I had to borrow funds for trading from our firm and they "charged" me for my trading funds and for use of the firm's capital. There was no "free" money for anyone and costs for the use of company funds and capital was closely accounted for. That is true everywhere for any well run firm. Bottom line there is no free lunch no matter how big you are.
Kl Fs 15:02 GMT July 18, 2018
BREAKING NEWS:
John, agree re. same rollover cost however for big fish the rollover cost is not effecting their capital as much as small fish. For example average small fish may have capital 10-20k, big fish may have millions so same rollover raising from 1 standard lot for example has different percentage in terms of their capital sizes.
Mtl JP 14:52 GMT July 18, 2018
AT FX Trading Alert
eurdlr a boost ....
from 1.1635 to 1.1650 to 1.1644
getting filthy rich ?
GVI 14:09 GMT July 18, 2018
BREAKING NEWS:
Former Foreign Min Johnson: PM May's Brexit plan does not take back control from the EU - May's plan makes it harder for the UK to pursue trade deals with other countries- There is no Parliamentary majority in support of a Customs Union with the EU- Have to try and save Brexit now because we will not get another chance
- Source TradeTheNews.com
Mtl JP 14:03 GMT July 18, 2018
Wednesday Trading Checklist 18 July 2018
for trivia record:
at the start on the 2nd day of powell delivering the same thing he did yesty:
eurdlr at 1.1635
usdyen 112.85
dlrx 94.95
Mtl JP 13:54 GMT July 18, 2018
Wednesday Trading Checklist 18 July 2018
possibly in ref to my earlier post about yield curve kudlow felt compelled to kvetch on cnbc that "no recession in sight" but he did not say how good his sight is or not, just that not "any time soon"
Mtl JP 13:19 GMT July 18, 2018
Wednesday Trading Checklist 18 July 2018
Nive try john but I suggest off the mark. munchkin's influence in the market barely reaches powell's ankles.
It is powell and his merry gang with all sorts of position papers and plots that have market's ear. Particularly Bond market's ear. And there is a reason why particularly the 10-yr paper is considered the Benchmark.
There was a time u were hawkishly watching the 10-yr for 3%. Now that it is back below 3% how significant or not is it that it is under 3% do u think ?
GVI Trader john 13:12 GMT July 18, 2018
BREAKING NEWS:
I think housing has a major affordability problem. Builders have been overbuilding at the high end. If they can't sell them they won't build them.
Mtl JP 13:07 GMT July 18, 2018
BREAKING NEWS:
john 12:32 what do u think the "Big misses" reflect:
overly and perennially optimistic govt propaganda apparatchiks or a start of something sinister on the ground or _
Mtl JP 12:45 GMT July 18, 2018
Wednesday Trading Checklist 18 July 2018
I see powell's testimoany at 10am NYT been given AA grade as potential menace to one's wallet on essentially a rehash same blather he delivered yesty.
Who d like prognosticate dlr's range today?
tia
GVI Trader john 12:13 GMT July 18, 2018
BREAKING NEWS:
KL- interesting points. I might add that the "big fish" face the same rollover costs that retail traders have to deal with. Rollover costs come from interest rate differentials. That is why central bank decisions, and the outlook for future decisions are central to forex trading.
kl fs 11:20 GMT July 18, 2018
BREAKING NEWS:
reality is there is no way margin traders can survive going short usd for many moons like they think they could, simply because the huge rollover swaps are killing them even IF they got it right, ask those retails going short usdjpy for example
only way to get it working is if they dont use leverage, which is only possible for big fish and big fish simply do not take short usd position because they know the small ones are suffering from it
GVI 11:16 GMT July 18, 2018
BREAKING NEWS:
Weekly PM May question time in House of Commons: - Chequers agreement and White paper on Brexit remain the basis for negotiations with EU
- Source TradeTheNews.com
london red 10:54 GMT July 18, 2018
BREAKING NEWS:
abel it was rhetorical, i think once it reaches parity and beyound, then there will be a will to do a deal from the eu side.
jkt abel 10:26 GMT July 18, 2018
BREAKING NEWS:
red, maybe when eur/gbp reaches parity
london red 10:21 GMT July 18, 2018
BREAKING NEWS:
i always point out the frog in water analogy. where the frog thrown into a pot of hot water will jump out, but if put into cold water which is then heated, it will boil to death. We are 2 years post referendum and with less than 9 months to go to exit time, we have still got no further than a divorce deal (which was supposed to be the easy part), which is dependant on the future trade deal being written pre exit. Discarding everything and looking at it afresh, how likely do you think it is that a deal gets done?
london red 10:04 GMT July 18, 2018
BREAKING NEWS:
a positive end for mkts would be a minimal disruption and so a soft brexit, with the eu continuing to have some hold on the UK. however, leaving the CU and ending immigration is not compatible with the EU's four key freedoms. The softer the EU is with the UK the bigger problems it will have down the line with other potential deserters. Hence there will be no last minute softening by the EU, something which the mkt has always counted on in the past. So this time it really will be different.
jkt abel 09:47 GMT July 18, 2018
BREAKING NEWS:
Thatcher stepped down after England reached WC semifinal
May will follow the same route...
it is cyclical...
GVI Trader Jay Meisler 09:46 GMT July 18, 2018
What is the Amazing Trader?
Wednesday Trading Checklist
GVI Trader Jay Meisler 09:18 GMT 07/18/2018 - My Profile
GBPUSD 1.3038: Black hole after data leaves little in the way of nearby resistance so looking at a one hour AT chart shows yesterday's spike low at 1.3068 as the initial level. Assume sellers lying in wait on any decent bounce unless 1.3068+ is recovered.
Think Like Our Algo, Trade Like a Pro
Mtl JP 09:45 GMT July 18, 2018
BREAKING NEWS:
red what would be an example of "talks ending positively"
tia
UK JY 09:42 GMT July 18, 2018
BREAKING NEWS:
Risk in cable is a political headline and whether May can hold on as PM.
GVI Trader Jay Meisler 09:09 GMT July 18, 2018
What is the Amazing Trader?
Strategy after data for those trading the news: Look at a one minute AT chart along with other time frames you use.
GBPUSD: 1.3039: In this case, GBPUSD AT directional indicator pattern signaled potential for a low and note the bounce that followed from 1.3010.
Think Like Our Algo, Trade Like a Pro
GVI Trader john 09:07 GMT July 18, 2018
BREAKING NEWS:
EZ final June 2018 headline HICP (CPI) unrevised. Core HICP falls to 0.9% from flash 1.0%.
jkt abel 09:04 GMT July 18, 2018
BREAKING NEWS:
this is the key IMHO, cant disagree
"but that would require the eu to compromise on its beliefs"
london red 09:02 GMT July 18, 2018
BREAKING NEWS:
the window to hike appears to close after the august meet given that crude is going to drag down inflation and the october eu meet id do or die for brexit talks for the eu. even on a surprise august hike (surprise since not fully priced in), you would expect cable to rally initially but end up down on the day since it will be a one and done hike. you need to believe eu talks will end positively to think otherwise, but that would require the eu to compromise on its beliefs - as we have seen its willing to cause its member states much harm in defending those beliefs.
GVI Trader john 08:58 GMT July 18, 2018
BREAKING NEWS:
Odds for an August 2 BOE rate hike ease to 68% from 77% following surprisingly soft CPI. So market odds still favor a hike.
jkt abel 08:49 GMT July 18, 2018
BREAKING NEWS:
looks like very painful game for some though as retails showing 74% staled long cable even before this plunge!
jkt abel 08:46 GMT July 18, 2018
BREAKING NEWS:
red, we have extension of previous line which is now a support in that 1.26xxx zone too, looks like feasible enough!
london red 08:40 GMT July 18, 2018
BREAKING NEWS:
barrier defence at 130. wkly close below 13060 tgts lvls of 126.
jkt abel 08:40 GMT July 18, 2018
sell euro, buy usd
go lemmings power! magical
sell euro, buy usd
jkt abel 03:54 GMT 07/18/2018
and 74% long cable, party!
Reply
sell euro, buy usd
jkt abel 03:52 GMT 07/18/2018
retail platforms showing 86% participants long gold, wow complete recipe for disaster, lemmings play
Reply
sell euro, buy usd
jkt abel 03:43 GMT 07/18/2018
sja, i dont mind seeing cable 12950-70 by friday close either!
Reply
GVI Trader john 08:33 GMT July 18, 2018
BREAKING NEWS:
U.K. CPI misses.
kl shawn 08:31 GMT July 18, 2018
sell euro, buy usd
there you go, good toilet flush day for cable
Mtl JP 08:06 GMT July 18, 2018
ECB DRAGHI PONZI MAFIA
see how wrong you are: exchange rate has nothing to do with future bleakness unless one is caught in a wrongfooted bet; neither is euro below parity
and it will not be
neither this week nor next
not even with "help" of repetitive posts of semantically satiated indignation from personally frustrated PAR whose odds of croaking from repetitive strain injury (RSI, also known as Work-Related Musculoskeletal Disorder (WRMSD) rise with every same-old same-old additional post
SINGAPORE 07:42 GMT July 18, 2018
USD/JPY Forecast July 16-20 Is the only way up? Or is it overstretched?
Reply
Dollar/Yen swirl in a week that saw the US Dollar regnant supreme and when the security status of the yen lost its meaning. What�s next? The evidence by Powell, US retail sales, and other events are set to rock the pair. For Singapore beginner trader, we are providing the best quality of forex trading alerts for free. Just sign up on our website.
USD/JPY Fundamental Movers
-Powell rest well, trade wars are restricted, inflation is rising
-Powell Again, Putin, and Retail Sales
USD/JPY Technical Analysis
114.75 capped the pair back in October and remains a high point. 113.75 capped the pair later in late 2017.
It is followed by 112.80 which capped the pair in mid-July..overstretched/
PAR 06:03 GMT July 18, 2018
ECB DRAGHI PONZI MAFIA
Reply
Good morning from #Germany where we celebrating Tax Freedom Day, the day of the year from which taxpayers no longer work for govt. This year German taxpayers had to work 198 days for the state alone, more than ever. Taxes & social security contributions at record 54.3% of income.
#ECB balance sheet has hit fresh high at almost �4.6tn as Draghi keeps printing press rumbling. Total assets rose by another �6.6bn on QE. ECB balance sheet has risen to 41.2% of #Eurozone GDP while Fed's has shrank 21.5% of US GDP.
kl shawn 05:14 GMT July 18, 2018
sell euro, buy usd
UK data next, another quick flush down the toilet for cable day?
bali sja 04:24 GMT July 18, 2018
sell euro, buy usd
singapore td, better play this theme:
bali sja 07:32 GMT July 13, 2018
Sell euro, buy usd: Reply
usdcad asking for 1.3320-50
bali sja 07:23 GMT July 13, 2018
Sell euro, buy usd: Reply
114.50-115.20 next
bali sja 07:22 GMT July 13, 2018
Sell euro, buy usd: Reply
a lot of prisoners in usdjpy IMO
those betting heavily in front of 111.20 can kiss their money goodbye now
Bali Sja 17:25 GMT July 12, 2018
Sell euro buy usd: Reply
Euro is well below 11720. You know what to do....
Bali Sja 18:16 GMT July 11, 2018
Wednesday Trading Checklist 11 July 2018: Reply
Nice usd move today actually and forum is so quiet, prisoners? :)
singapore td 04:21 GMT July 18, 2018
sell euro, buy usd
abel, what is the play today? sell euro with stop above 11685? target?
jkt abel 04:14 GMT July 18, 2018
sell euro, buy usd
btw, DIRECTIONAL ppfffffufufu ;)
AMAZING summer range at best
jkt abel 03:52 GMT July 18, 2018
sell euro, buy usd
retail platforms showing 86% participants long gold, wow complete recipe for disaster, lemmings play
jkt abel 03:43 GMT July 18, 2018
sell euro, buy usd
sja, i dont mind seeing cable 12950-70 by friday close either!
bali sja 02:56 GMT July 18, 2018
sell euro, buy usd
Reply
the theme is well played and no reason not to do so
meanwhile as addition, gold broke weekly trendline support, very good for usd bulls, next target down to 1050ish? usd usd usd !!
GVI TRADER Jay Meisler 00:43 GMT July 18, 2018
What is the Amazing Trader?
AT is more than just support and resistance levels, even though they continue to be quite amazing (thus the name), They are based on our proprietary logic and designed to form patterns. It is these patterns that gave rise to the strategies we use (and share with subscribers) to trade using our program.
It is all based on logic and once you start thinking like our algo (as per our strategy), trade opportunities flow from it.
The Amazing Trader
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