Dillon AL 22:17 GMT July 19, 2018
BREAKING NEWS:
Consider this: robotic or automatic cars etc wont be mainstream for imho at least 15 years. GPS cannot distinguish between a floor level nor a lane and is ALWAYS several seconds behind reality.
Consider this: Tesla tried to institute robots for what was considered menial human repetitive tasks however found out 2 things 1. the required programming was too difficult 2. that the human was better at it in the first place so they reverted to using humans.
Consider this: word spell does not know the grammatical difference between there and their and a multitude of other similar.
Consider this: Google translate and similar despite being programmed with the dictionary - by no means a complete version of language it then
- now get this - uses English as on intermediary step language for translations between most language pairs. Now of course there is no way of knowing whether that would be UK US OZ etc versions of what is euphemistically referred to as English. Also the translators whether intentionally or unintentionally often provide sexist translations where, among other things, doctors are men and teachers are women.
Consider this: Google or Siri cannot spell - see previous reference - have difficulty understanding accents in every sense of the word and with their predictive text frequently come up with words 1. that are meaningless to the context and 2. complete and utter different words and on top of every thing think that they know better than I in that they change some of the words that I am typing.
Consider this: we already have people that blindly follow directions on their GPS to the point of going onto trails and up dead ends. IE these people know not how to make a decision for themselves believing everything that they see to be gospel. Well we know how that ends but it starts with.....Have you ever been behind someone in a queue and listened to ..the desk clerk or whomever explain something to these people in front of you and started to get frustrated that they were not actually listening properly and not absorbing the information and requiring everything to be explained several times but then these are the same people to whom one needs to say something like my name is Alex thats aye elle eee x but then for what is a very military nation (The US) very few actually know how to spell using the phonetic language
so it would be pointless saying Alpha Lima Echo Xray.
Consider this: Algos in the financial world make money by virtue of being market makers IE they are all about volume and flow. No volume and no flow they are as dead in the water as any human however ALL Algos have a human behind them whether that be purely a risk manager or just someone who when things gets slow flashes price change. Yep it is illegal but try and catch them especially where the regulatory officers have very little if any market background but being lawyers all think that they can wade through millions of lines of code.
I'll take my chances that as a human I can still outwit a machine for the foreseeable future because I can duck and weave and think on my feet and smell when something does not seem right and make an instantaneous decision but disaster strikes. We are a very very long way away from Kit or Hal.
Mtl JP 21:01 GMT July 19, 2018
BREAKING NEWS:
dc CB 16:09 why good luck ?
market makers / dealers lurk for dissertations by politicians / central bank cretins 24/7
think they do that manually ?
-
one has to get out of prehistoric cave and smoke signals and leap forward and adopt lurking robots variously programmed to watch for and react to price dynamics impulses . It is 2018 afterall.
PAR 17:57 GMT July 19, 2018
TRUMP
Imho Trump respects nobody and nothing .
PAR 17:56 GMT July 19, 2018
TRUMP
Trump = Bullard . Why did he not name him FED president ?
GVI Trader 17:54 GMT July 19, 2018
TRUMP
13:52 (US) White House Sanders: President Trump respects teh independence of the Federal Reserve Related ()
- Source TradeTheNews.com
NY JM 17:42 GMT July 19, 2018
TRUMP
My guess is that when Trump talks about the dollar his main focus is on China but fx market reacted as a whole.
In any case, these news reactions, how rationale or not, seem to have become a daily occurrence.
PAR 17:33 GMT July 19, 2018
TRUMP
Reply
Trump organisation and Trump family have a lot of debt and not a lot of equity ?
PAR 17:29 GMT July 19, 2018
Basic Economics
Reply
Low taxes > Huge budget deficits > Higher interest rates
GVI Trader Jay Meisler 17:24 GMT July 19, 2018
BREAKING NEWS:
13:03 (US) Pres Trump: Not happy about interest rates going up at the Fed; Strong dollar puts the US at a disadvantage - CNBC taped interview excerpts
- Fed rate hikes may be poorly timed and will put the US at a disadvantage while other central banks maintain loose monetary policy- "I am not happy about it. But at the same time I'm letting them do what they feel is best."
- Fed Chair Powell is a good man
- Chinese currency is dropping like a rock
- Source TradeTheNews.com
HK Kevin 17:19 GMT July 19, 2018
BREAKING NEWS:
Should be "economic recession"
PAR 17:19 GMT July 19, 2018
TRUMP
Reply
Trump , the new guy in charge of the FED .
Surrealistic .
HK Kevin 17:17 GMT July 19, 2018
BREAKING NEWS:
What does President Trump actually want? Lower interest rate, lower trade deflict, and now weak dollar. That will translate to lower economic growth
GVI Trader Jay Meisler 17:10 GMT July 19, 2018
BREAKING NEWS:
USD spikes down on Trump comments on interest rates and the dollar
Amazing Trader always gives you levels to trade in the heat of battle.
The Amazing Trader
Bali Sja 16:37 GMT July 19, 2018
Gold MAY drop to 1087$/Oz (CHART)
Agree RF@, technicals are saying usd bulls are having big party this year. I'd like euro 1.08xx first. Gold 1180>1050>980 eventually.
dc CB 16:09 GMT July 19, 2018
BREAKING NEWS:
Good Luck trading the TRADE TALKS Headlines.
BMW CONSIDERS SHIFTING U.S. PRODUCTION TO CHINA ON TRADE RISKS
20 mins later
BMW DENIES SAYING SHIFT OF U.S. PRODUCTION TO CHINA CONSIDERED
Mtl JP 14:13 GMT July 19, 2018
BREAKING NEWS:
ambassador is confident. noted.
-
that is after reuters report from July 18:
"�We have had very good sessions with Mexico and with the new president of Mexico, who won overwhelmingly, and we�re doing very well on our trade agreement,� Trump said to reporters ahead of a meeting of his cabinet at the White House.
�So we�ll see what happens. We may do a deal separately with Mexico and we�ll negotiate with Canada at a later time. But we�re having very good discussions with Mexico.�
may
may not
loves me
loves me not
-----------
Bottom Line
usdcad slight bull bias
with current s/t res around 1.3250/60 zone
GVI 14:02 GMT July 19, 2018
BREAKING NEWS:
Canada Ambassador: remain confident will end up with a trilateral agreement on NAFTA - Trumps call for bilateral talks not a surrise - Source TradeTheNews.com
PAR 13:56 GMT July 19, 2018
CHINA
Reply
US companies make $ billions transferring technology to China and Trump blames the Chinese .
Skin in the game .
GVI Forex Blog 13:54 GMT July 19, 2018
Doubts Starting to Surface About An August 2 Bank Of England Rate Hike
Reply
June U.K. Inflation Data Miss Consensus Estimates Markets were surprised on Wednesday after the June CPI data fell short of street estimates. The month on month CPI was uchanged at 0.0% vs. estimates for a gain of 0.20% and the yr/yr reading was 2.40% vs. 2.60% estimated. Core CPI was 1.90% vs 2.10%. Headline CPI remained above its target, but well below the six year high of 3.10% set in November. Following the release, street probabilities for an August 2 rate hike fell to 74% vs. 83%. Some also are taking note of the recent declines in crude oil prices will start to flow into CPI data in coming months...MORE.
Doubts Starting to Surface About An August 2 Bank Of England Rate Hike
GVI Trader john 13:44 GMT July 19, 2018
BREAKING NEWS:
Reports of earthquake in Mexico City no details.
Bali Sja 11:53 GMT July 19, 2018
Monday Trading Checklist 16 July 2018
This is the best call this week. Very timely. Credits given where it is due. Well done kl fs, as they said nothing beats a trader's experience and instinct, not even an algo!
Cheers!
kl fs 10:18 GMT July 16, 2018
Monday Trading Checklist 16 July 2018: Reply
sorry to interrupt JY, but you can try here with stop well above 11720
GVI 11:18 GMT July 19, 2018
BREAKING NEWS:
EU reportedly looking at retaliating with 20% auto tariff if US implements trade barriers - press -
Source TradeTheNews.com
GVI Trader Jay Meisler 11:08 GMT July 19, 2018
BREAKING NEWS:
As I posted for our AT subscribers,
These are not spec flows driving the dollar higher but my guess is some allocation into dollars that started in the Far East.
Look at your AT charts for clues when these flows are going through the market.
The Amazing Trader
GVI Trader john 10:59 GMT July 19, 2018
BREAKING NEWS:
Note China yuan weaker as well AUD weaker despite strong employment data today. AUD is the free market proxy for China. Commodity currencies are also on the back foot.
GVI Trader john 10:02 GMT July 19, 2018
BREAKING NEWS:
EARLIER: Australia JUNE 2018 Employment data beat forecasts. Headline +50.9K with Full-time Employment up 41.2K . Unemployment rate unch at 5.40%.
Mtl JP 09:13 GMT July 19, 2018
BREAKING NEWS:
so now we have 1.2983 low to trade against
IF one believes the rockstar of banking
london red 09:06 GMT July 19, 2018
BREAKING NEWS:
it will be a close call but the more imp thing to take from it all it that its likely to be a one and done it at all, hence cable may pop but will likely finish lower on day even if they try to guide higher, because to be believeable, you will need either data or positive brexit news. recent drops in crude will not help the first, while the key date for brexit is october as of now. by the time we get there, they will then push it on, but you would also expect some negative effects into sterling at that time as well.
GVI Trader john 09:02 GMT July 19, 2018
BREAKING NEWS:
red thanks for your always insightful comments. So you suggest the BOE might just plow through and hike anyway?
GVI Trader john 08:46 GMT July 19, 2018
BREAKING NEWS:
Perth- good question any ideas from the forum? Data over the past two days have got to raise doubts for the doves or those on the fence at the BOE.
london red 08:43 GMT July 19, 2018
BREAKING NEWS:
other than headline miss, which was poss affected by unusually strong may (royal wedding), sales not too bad. however june should have had a good boost from world cup so im not buying that argument. however combined april may june sales were quite strong historically, certainly an improvement on Q1. boe was looking for a rebound from soft q1, in those terms i dont think it will sway them from a hike given they dont have much of a window. but in any case, cable is likely to drop whether they hike or not, unless data improves significantly and or we get a positive development on brexit.
Perth WTR 08:37 GMT July 19, 2018
BREAKING NEWS:
cable 1.30 busted rather easily,wonder if August hike will be cancelled
GVI Trader john 08:36 GMT July 19, 2018
BREAKING NEWS:
Big miss on retail sales. Any impact on BOE after the soft CPIs yesterday? Has to raise more doubts.
Belgrade Knez 08:11 GMT July 19, 2018
cable
london red
"50% of 115/144 is 12935."
lowest on cable I have on my chart is 1.1931 at October 2016.
please point out when do you see the low of 1.15 as stated in your post?
london red 08:01 GMT July 19, 2018
cable
multi yard expiry today at 1.30 but also a barrier there which they will no doubt try to defend. plenty of stops below. 50% of 115/144 is 12935. the 11439 was the pre adjusted fat finger low which was adjusted to 11929.
Perth WTR 07:57 GMT July 19, 2018
CHINA
both PAR
PAR 07:45 GMT July 19, 2018
CHINA
Reply
US companies making mega profits in China .
Ted Bauman
"I also discuss the thorny issue of China�s hijacking of U.S. intellectual property, which is one area where sanctions are well and truly deserved. But one thing cannot be disputed: U.S. companies that have chosen to cooperate in this �theft� did so in pursuit of profit in the Chinese market. Who should the government be punishing � China or these U.S. companies?
PAR 07:37 GMT July 19, 2018
My friend Vladimir
$ 80 billion is just a drop in the ocean of outstanding US debt .
Perth WTR 07:26 GMT July 19, 2018
cable
tom, we dont need UK data after all ;P enjoy
PAR 07:02 GMT July 19, 2018
My friend Vladimir
No idea .Trumps other friend Saudi Arabia ?
PAR 06:41 GMT July 19, 2018
My friend Vladimir
Reply
De-Dollarization #Russia style: Putin has liquidated almost all of Russia's US Treasury holdings. In just 2mths, Kremlin sold a whopping $81bn in US debt.
manila tom 06:22 GMT July 19, 2018
cable
good start WTR, hopefully UK data later will bring the needed action
usd is still king
Perth WTR 03:55 GMT July 19, 2018
cable
Reply
today cable looks struggling ahead of 13090, UK data later may give same price action as yesterday. 1.30 defense will be tested heavily the rest of this week
June 2018 U.K. Retail Sales Data miss m/m street estimates. GBP dips then recovers.
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