Mtl JP 23:14 GMT August 20, 2018
BREAKING NEWS
maybe someone can fill in correctives and / or exactitudes:
Declaration of Currency Manipulator is the prerogative of The Treasury Dept
The Tr Dep would do so thru one of its Semi-Annual Report to Congress on International Economic and Exchange Rate Policies (last one I believe was April 13th, next one should be in October)
In April, the Monitoring List listed China, Japan, Korea, Germany, Switzerland, and India.
The potential consequences of actually being declared CCy Manipulator are: ___
-
Odds of President Trump pre-announcing intensification of "war" with Xi: ___
Mtl JP 20:54 GMT August 20, 2018
BREAKING NEWS
“I think China’s manipulating their currency, absolutely. And I think the euro is being manipulated also,”
Trump
GVI 20:36 GMT August 20, 2018
BREAKING NEWS
President Trump: not thrilled with what Fed Chief Powell is doing so far, should be more accommodating - press interview Fed Commentary: - Asked about Fed independence, says believes Fed is 'doing what is right for the country' - Asserts Fed should be more accommodating and 'I should be given some help by the Fed' - Trump says he will continue to criticize the Fed if it continues to raise rates
- Source TradeTheNews.com
Mtl JP 18:43 GMT August 20, 2018
RISK ON
and/or tax the frogs more
(as they can't escape)
PAR 18:12 GMT August 20, 2018
RISK ON
Zero interest rate policy . With $ trillions of debt higher interest rates become a presidents nightmare.
You need to borrow just to pay the interest on your debt .
Trump looking for a scapegoat .
Mtl JP 17:59 GMT August 20, 2018
RISK ON
PAR how would a Trump win over powell look ?
PAR 17:31 GMT August 20, 2018
RISK ON
Reply
US stocks and bonds higher , dollar lower as Trump wants FED to stop raising us interest rates . Trump against the FED .
I guess eventually Trump will win .
Mtl JP 17:03 GMT August 20, 2018
Monday Trading Checklist 20 August 2018
think powell is different ?
He whined to congressional committee that “U.S. fiscal policy has been on an unsustainable path for some time. It continues to be unsustainable.”
But bottom line is that the policy is still on unsustainable path.
When will it hit the proverbial wall: when the debt will equal GDP ?
IF GDP were to remain static at current ~20trillion trump still has 19trillion to play with
GVI 16:58 GMT August 20, 2018
BREAKING NEWS
ECB's Weidmann (Germany): central bankers may have to address imbalances
- Source TradeTheNews.com
GVI 16:42 GMT August 20, 2018
BREAKING NEWS
(EU) French President Macron, German Chancellor Merkel to meet in Paris in early September regarding Brexit - press - Source TradeTheNews.com
dc CB 16:26 GMT August 20, 2018
BREAKING NEWS
overheard by the caterer
GVI 16:04 GMT August 20, 2018
BREAKING NEWS
President Trump reportedly complaining about Fed Chief Powell raising rates - press - Reportedly commented this weekend at a fundraiser in the Hamptons that he had expected Powell to pursue a 'cheap money' policy
- Source TradeTheNews.com
Mtl JP 15:45 GMT August 20, 2018
Monday Trading Checklist 20 August 2018
IF u r refering to JPM/tsl
remember that institutional types do not like risk
at current 302-ish they neither unbridled buyer enthusiasts nor packed sellers - more like deer looking into headlights atm
-
Bottom Line
trading decision (trade or not trade) is yours
try does not count
Mtl JP 15:28 GMT August 20, 2018
Monday Trading Checklist 20 August 2018
My aversion to verbs is past tense is legend.
Could not say better why than Coreen T. Sol CFA: “A lagging indicator is something that tells you what is going to happen after it already happened.”
Mtl JP 15:04 GMT August 20, 2018
Monday Trading Checklist 20 August 2018
haha... J.P. Morgan slashed its stock price target to $195 from $308
reminds me of Rodney D on the golf course getting a call from broker...
"Everybody's buying? Then Sell, sell, sell."
but in reverse
dc CB 14:50 GMT August 20, 2018
Monday Trading Checklist 20 August 2018
Time to remember that time in September
When life was grand and we tasted the honey
Time to remember that time in September
After Bernanke told us "we'll give you free money"
Time to remember that time in September
When the The Shorts spilled their blood in the streets
Jackson Hole - Aug 23-24 2018
Powell Fri 10AM
Livingston nh 14:02 GMT August 20, 2018
Monday Trading Checklist 20 August 2018
Disconnect between FI and Stox in US and Europe -- US 30 yr nipped under 3% and 2/10 at 23// bonds know more than stox
//
S&P kinder to Turkey than expected - the complacency factor is dangerous
Venezuela leaves a lot of bagholders in bonds - USD/BRL above 4 next
GVI 14:02 GMT August 20, 2018
BREAKING NEWS
Reply
Bank of Canada (BOC) Wilkins: monetary policy is about risk management - Financial vulnerabilities began to grow in 2014 and BOC responded by cutting rates - Mortgage holders will feel higher rates eventually- High debt levels means monetary policy has greater impact -
Source TradeTheNews.com
GVI Forex Jay Meisler 13:50 GMT August 20, 2018
Monday Trading Checklist 20 August 2018
If it comes across that way it is not my intention. I am not sensitive about anything to do with trading - very thick skin - especially AT, which speaks for itself. The beauty of AT is I never have to defend it.
I am just pointing out the difference between John's macro bias and a day trading bias. I took the opportunity to point out what AT was showing as a way to encourage you guys (and gals) to try it.
So rather than defensive it was offensive.
GVI Forex Jay Meisler 13:42 GMT August 20, 2018
Monday Trading Checklist 20 August 2018
FS, This is not a contest and depends on your time frame .You said that at 1.1438 and it fell to 1.1394 before bouncing.
Intra-day bias changes often, AT, for example, showed a shift to the upside starting at 1.1415.
GVI Forex Jay Meisler 13:30 GMT August 20, 2018
Monday Trading Checklist 20 August 2018
JP, you know how I feel about the 50 level..
In EURUSD, up AT episode rewards BOD. AT res at 1.1440-44
Posted earlier on the GVI/AT Forum
Monday Trading Checklist
GVI Forex Jay Meisler 10:38 GMT 08/20/2018 - My Profile
Stops just run at 1.14. 1.1380-00 is an AT support zone.
The Amazing Trader
Mtl JP 12:57 GMT August 20, 2018
Monday Trading Checklist 20 August 2018
dc CB - IF u r short already this morning u ll be adding $s to your wallet
as puppy is looking pukey sick probably hit market sub $290
-
lets try to get rich !
Mtl JP 12:51 GMT August 20, 2018
Monday Trading Checklist 20 August 2018
EURO 1.1430-ish
On s/term (5 min bar) preferring selling puppy's pops against 1.1450
using Jay's hit'n run in/out trade tactic
Mtl JP 12:46 GMT August 20, 2018
Monday Trading Checklist 20 August 2018
96.10
------
Fundamentals to left of me
fundamentals to the right ...
- Xi / Donald tariff spat
- Donald / erdogan
- brexit
- contagion jitters (Italy)
powel vs donald on 24th (re dlr strength vs interest)
Lots the fundamental funnies are known (i.e priced in)
Bottom Line
chart is that of the USDX
Qtn is: what would push the USD higher past its 96.84 high
market old saw: if it wont go uP, it will go down
UK JY 12:45 GMT August 20, 2018
GBP
Likely came out of eurgbp. Sold eurusd through 1.1400 and then bought gbpusd for the other leg.
Thin market trade.
Mtl JP 12:34 GMT August 20, 2018
GBP
GBP spike is just a joke
and an opp to Sell Pops
kl shawn 11:20 GMT August 20, 2018
sell usdcad
Reply
daily looks heavy, sold 13073, stop 13137, target 1.2950-60
Dubai MA 11:07 GMT August 20, 2018
GBP
Reply
Is there any news on GBP? Spiking higher.
GVI Forex Jay Meisler 10:12 GMT August 20, 2018
Amazing Trader Update
You have seen me promote the Amazing Trader and the following will give you an idea why
AT promotes thinking in terms of episodes and market timing, plus it provides levels to trade from and use as stops. If the disciplined trader can accept and understand those ideas, they should become better traders.
Contact me if you would like to discuss this in more detail
or simply sign up below
The Amazing Trader
GVI Forex Jay Meisler 09:51 GMT August 20, 2018
Amazing Trader Update
As posted last night and so far AT support in the 1.1400-07 range is holding. 1.1400 is the key level.
Amazing Trader Update
GVI Forex Jay Meisler 22:23 GMT 08/19/2018 - My Profile
EURUSD 1.1437
Fri high 1.1444
Key AT res 1.1482 and 1.1536
Former highs 1.1433 and 1,1420
AT supports 1.1400-7
The Amazing Trader
dc CB 02:28 GMT August 20, 2018
Monday Trading Checklist 20 August 2018
(cough cough)
Tesla Shorts Up $1.2 Billion Since Musk "Going Private" Tweet As Saudis Plan Investment In Competitor---Zero Hedge
(ps when will Twitter BAN ZeroHedge) LMAO
That! Cause and Outrage....FCK Zero saw stuff EARLY!
dc CB 02:01 GMT August 20, 2018
Monday Trading Checklist 20 August 2018
PS. the Original is also distorted by Managed Money Commod Funds, "Dudes betting OTM", which can result in Herd Following and Provided Huge Profits In Crop based Futures.
for instance, this year the persistant winter and the lack of precip in the Central US caused these Wizzards to bid up the prices...because the 2018 Crop, wudn't get planeted and it wud be a disaster.
Fast forward....the crop got planted, got rain and now as reported cud be a record. Ride the Roller Coaster --- watch the COT for a read on the "Dudes playin' with OPM-Large"
dc CB 01:45 GMT August 20, 2018
Monday Trading Checklist 20 August 2018
Mtl JP 20:37 GMT
COT is useless outdated data set. A waste of time as tea leaves for trading.
As I've posted here before the COT is NOT uselss, when is is applied to Commodity Based Futures. In the Way Back I got into a COT --- Currency Futures - discussion with the Long Ago GV enlighted poster Athens.
Currency futures are dwarfed by the real money cur trades... the Tally in futures can AT Best viewed as a Hedge for postions put on for reasons that cannot be known.
Grains(for which the report was originaly designed) Softs(sugar, cocoa, coffee). Moo Moos and Oink Oinks - If you know the historical postioning....This also goes for Crude and NatGas.
Futures ARE HEDGES, the RISK off loaded to Speculators (HOPERS)
