Forex Forum Archive for 09/07/2018

GVI Trader john 21:20 GMT September 7, 2018
Bank Of Canada Holds Policy Steady; Signals October Hike

Bank Of Canada Leaves Key Target Rate Steady At 1.50% On Wednesday, as expected, the Bank of Canada left policy unchanged. There was a slightly dovish tone to the latest policy statement, but the central bank said that recent data reinforces the view that higher rates will be warranted. We recently saw Governor Polotz at the Jackson Hole conference interviewed on television seeming to imply that the Bank of Canada was comfortable following the lead of the Fed.

Bank Of Canada Holds Policy Steady; Signals October Hike

HK RF@ 20:53 GMT September 7, 2018
EURUSD longs gone

!
And the neckline is very close. 1.1487 !

HK RF@ 20:41 GMT September 7, 2018
EURUSD longs gone
Reply   
!
It is enough to look at the weekly Euro/USD chart, with H&S structure targeting price below 1.05(gold equivalent below 1100) to understand why longs are so risky.

GVI 20:36 GMT September 7, 2018
BREAKING NEWS:

Canada official: will not reach a NAFTA deal today - press

- Source TradeTheNews.com

dc CB 20:22 GMT September 7, 2018
Not the Onion
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it's starting --- and to think the actual election is still 2 month away. yet he leads with this????
_______________________________________________

While giving an acceptance speech for the Paul H. Douglas award for Ethics in Government at the University of Illinois at Urbana-Champaign, Obama said that President Trump is simply capitalizing on discontent whipped up over many years, while asking "What happened to the Republican Party?"

Obama then said "we sure as heck supposed to stand up clearly and unequivocally to Nazi sympathizers," asking "How hard can that be, saying that Nazis are bad?"

"When you vote, you�ve got the power to make sure white nationalists don�t feel emboldened to march with their hoods on or hoods off in Charlottesville,"

Obama Condemns Trump, "Nazi Sympathizers" In Fiery Speech Warning Of "Dangerous Times"

GVI 20:08 GMT September 7, 2018
BREAKING NEWS:

Reportedly Iraq declares state of emergency in Baghdad, Basra amid reports of protesters storming Iranian consulate - press - Unconfirmed social media reports also suggest protesters may have seized a Basra oil field and taken foreign oil workers hostages - Protests are ongoing over a lack of employment and services, as well as perceived interference by Iran with Iraqi politics

- Source TradeTheNews.com

GVI Trader john 19:44 GMT September 7, 2018
Commitment Of Traders Report For 4 September 2018
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COT report position highlights:


EURUSD longs gone

USDJPY shorts narrowing

GBPUSD shorts steadily growing

USDCAD shorts steady

AUDUSD shorts leveling

PAR 19:38 GMT September 7, 2018
Kudlow
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Has good relations with NYT ..

GVI Forex Blog 19:06 GMT September 7, 2018
Chart Points: Free Forex Database For 7 September 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 7 September 2018

PAR 18:34 GMT September 7, 2018
DOW JONES
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DOW to close up 3 days in a row ?

PAR 18:29 GMT September 7, 2018
Mnuchin
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Could he be the NYT source.

GVI Trader john 17:04 GMT September 7, 2018
BREAKING NEWS:

Baker Hughes Rig Count

NEWS ALERT
U.S.
Total: 1048 vs. 1048 (0) prev.
Oil: 860 8vs. 862 (-2) prev.

Canada: 204 vs. 228 (-1)

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PAR 16:54 GMT September 7, 2018
VIX
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Sell VIX. 15.20 on stop.

GVI Forex Blog 16:52 GMT September 7, 2018
Equities Lower 10-yr Yields Up. FX: USD And EUR Mixed
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Equities Lower 10-yr Yields Up. FX: USD And EUR Mixed

Mtl JP 16:49 GMT September 7, 2018
Winners and Losers

Short while ago President Trump announced that another $267B of trade ready for tariffs that is on top of the earleir $200 billion announced earlier.

I start to wonder if he is ready to blockade china from selling to the US

Mtl JP 16:33 GMT September 7, 2018
Winners and Losers

IF only... could it be so ??

Donald J. Trump
Verified account
@realDonaldTrump
I�m draining the Swamp, and the Swamp is trying to fight back. Don�t worry, we will win!


Donald J. Trump
Verified account
@realDonaldTrump
Does the so-called �Senior Administration Official� really exist, or is it just the Failing New York Times with another phony source? If the GUTLESS anonymous person does indeed exist, the Times must, for National Security purposes, turn him/her over to government at once!

Don't worry... hmmm
I saw a betting pool somewhere on who the anonymous hero is
Dillon AL predicted we'll know by Monday

HK Kevin 16:26 GMT September 7, 2018
Follow Trump
Reply   
How much Trump earn in FX market a day?

Mtl JP 16:12 GMT September 7, 2018
BREAKING NEWS: Canada Employment Data Miss in August 2018

some plums courtesy link on ZeroHedge:

Jim Grant's 10 Most Important Lessons In Finance

Mtl JP 14:40 GMT September 7, 2018
BREAKING NEWS: Canada Employment Data Miss in August 2018

A salaried economist, playing with some formulae trying to make things work in some depths of "research" department knowing that his/her salary will be in the account every Th right or wrong has NOTHING to do with 100:1 or 400:1 leveraged AT player trying to either go after stops or , more importantly, not have his stop chewed.

I am perplexed at your "depends on your time frame" what to me appears as confused vision of things between harakiri alchemist economists and real, here and now practical traders trying squeeze blood-pips out of hunting or dodging stops.

GVI 14:37 GMT September 7, 2018
BREAKING NEWS:

EU Chief Brexit Negotiator Barnier: ahead of informal EU leaders summit in Salzburg we are determined to work for an orderly UK withdrawal, including an Ireland backstop - Source TradeTheNews.com

GVI Trader john 14:26 GMT September 7, 2018
BREAKING NEWS: Canada Employment Data Miss in August 2018

That all depends on your time frame.

dc CB 14:14 GMT September 7, 2018
TRUMP

PAR 13:43 GMT
don't buy into that BS about the VP writing that annon OpEd.

It's starting --- this is why the "resistance" has their panties in a twist. people could start going down and there is a long line of them waiting in the wings.

Secret Grand Jury Proceedings Underway Against Andrew McCabe; Witnesses Summoned

Mtl JP 14:12 GMT September 7, 2018
BREAKING NEWS: Canada Employment Data Miss in August 2018

john 14:09 that might true IF u r a salaried economist or some close relative

NOT IF you are an FX trader using high leverage.

Mtl JP 14:09 GMT September 7, 2018
Friday Trading Checklist For 7 September 2018

nothing of consequence left on the econ calendar
players left to their whim OR subject the headlines about trade or brexit or some other such grade

GVI Trader john 14:09 GMT September 7, 2018
BREAKING NEWS: Canada Employment Data Miss in August 2018

because sooner or later reality wins over emotion.

Mtl JP 14:06 GMT September 7, 2018
BREAKING NEWS: Canada Employment Data Miss in August 2018

nh as john 13:31 asks: But who cares?

pray tell: why would / do you?

GVI Trader john 14:05 GMT September 7, 2018
BREAKING NEWS:

Canada Ivey PMI stronger. It is always hard to trust the Ivey PMI.

GVI Trader john 14:00 GMT September 7, 2018
BREAKING NEWS:

ALERT
61.9 vs. 61.4 exp. vs. 61.8 prev.
RELEASE: Ivey Purchasing Managers Report

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Livingston nh 13:57 GMT September 7, 2018
BREAKING NEWS: Canada Employment Data Miss in August 2018

John - ISM keeps talking a skills gap in hiring - maybe Cap ex increases and hiring slows

GVI Trader john 13:52 GMT September 7, 2018
TRUMP

no. VP would be impeached, which is extremely hard to do.

PAR 13:43 GMT September 7, 2018
TRUMP
Reply   
Can a US president fire his vice president in case of treason ?

GVI Trader john 13:31 GMT September 7, 2018
BREAKING NEWS: Canada Employment Data Miss in August 2018

nh- well you can't have anything. Roughly take 50K off the 201K headline result and you are back to ~150K. But who cares?!

Mtl JP 13:25 GMT September 7, 2018
BREAKING NEWS: Canada Employment Data Miss in August 2018

nh just make sure u see usdcad break N of 1.32
coz if n when it should do so , u ll likely bag another 100-150 pips

Livingston nh 13:16 GMT September 7, 2018
BREAKING NEWS: Canada Employment Data Miss in August 2018

Canada big increase in part time jobs last month replaced by Big increase in full time this month as part time reversed

US jobs report downward revisions is troublesome - also shows how hard it is to increase participation rate // no problem for the Fed tho

HK `RF@ 13:14 GMT September 7, 2018
False breakout of price channel; Price may barrel through the lower line.
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!

GVI Forex Blog 13:06 GMT September 7, 2018
BREAKING NEWS: Canada Employment Data Miss in August 2018
Reply   
Canada Jobs: Miss expectations, in full-time employment August 2018.

BREAKING NEWS: Canada Employment Data Miss in August 2018

GVI Forex Blog 13:01 GMT September 7, 2018
BREAKING NEWS: U.S. Employment Data Strong In August 2018
Reply   
U.S. Monthly Employment.

August 2018 U.S. payroll employment beats street estimates. Average Hourly Earnings 0.4% (2.90% y/y)

Click on chart for more than 10-yr history

BREAKING NEWS: U.S. Employment Data Strong In August 2018

PAR 12:47 GMT September 7, 2018
EURUSD

Trump took credit for 50.000 jobs which were never there ?

HK RF@ 12:47 GMT September 7, 2018
K.I.S: USD strength confirmed again.
Reply   
!
Wait for Trump's tweets soon to come.

GVI Trader john 12:46 GMT September 7, 2018
EURUSD

10s 2.915% bond market reacting to strong figure.

PAR 12:45 GMT September 7, 2018
EURUSD

FAKE NEWS

Employment gains in June and July combined were 50,000 less than previously reported.

PAR 12:42 GMT September 7, 2018
EURUSD
Reply   
Long 1.1585 . Stop 1.1530 .

HK `RF@ 12:37 GMT September 7, 2018
NFP

!
Next time you should mention the source of your rumors you mention this morning.
Rumors are being spread by traders to let others fail !!!!!!!!!!!!!!!!

GVI Trader john 12:36 GMT September 7, 2018
BREAKING NEWS:

Canada EMPLOYMENT August 2018

NEWS ALERT

Jobs: -51.6K vs. +5.1K exp. vs. +55.7K prev.
Full-Time +40.4 vs. n/a exp. vs. -28 exp
Rate: 6.00% vs. 5.90% exp. vs. 5.80% prev.



RELEASE: StatCan Monthly Employment Report

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GVI Trader john 12:34 GMT September 7, 2018
BREAKING NEWS:

U.S. Employment August 2018

ALERT

NFP Jobs:
+201K vs. +189K exp. vs. +157K (r 147K ) prev.
Rate: 3.90% vs. 3.80% exp. vs. 3.90% prev.

Avg earnings: +0.40% vs. +0.30% exp. vs. +0.20% prev.
BLS: Employment Situation Summary

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Amman wfakhoury 12:16 GMT September 7, 2018
GBPUSD NFP signal

1.3015 reached

Amman wfakhoury 12:10 GMT September 7, 2018
GBPUSD NFP signal
Reply   
13015 is confirmed level will be reached again.
any decline below 12945 will return to it.
Buy add buy if decline below 12945.

100% accurate signal.


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

PAR 11:56 GMT September 7, 2018
NFP
Reply   
Looking for a big miss on average hourly earnings . Working doesn't pay .

GVI Forex Jay Meisler 11:12 GMT September 7, 2018
Amazing Trader Update



GBPUSD 4 hour AT chart is even clearer

The Amazing Trader

Livingston nh 11:12 GMT September 7, 2018
Cable
Reply   
GBP/USD back to the declining 55ema challenge (last seen Aug 28) - no close above since Mid April - daily MACD rising but not positive // Brexit talkers are EU equivalent of Presidential Tweets

GVI Forex Jay Meisler 11:09 GMT September 7, 2018
Amazing Trader Update



I cannot say what you have on your charts but look at this one hour AT GBPUSD chart (4 hour shows the same) and how GBPUSD came right up to AT resistance. AT not only gives you a strategy and patterns to trade but its trading lines give you levels to trade in all types of market conditions.

The Amazing Trader

GVI Forex Jay Meisler 10:56 GMT September 7, 2018
Amazing Trader Update
Reply   
GBPUSD: 1.3015

Just touched AT resistance at 1.3028 after running stops above 1.2982. Above that is a key AT level at 1.3043 before a void to 1.31+ Would need to trade above 1.3943 for an outside week.

EURGBP moving the other way, AT support at .8930 then .8896 and .8881

The Amazing Trader

GVI Forex Jay Meisler 10:51 GMT September 7, 2018
BREAKING NEWS:

We knew there had to be Brexit news. Here is what we have uncovered

06:46 (UK) EU's Barnier said to be open to other backstops for Irish border - Transcript release by UK govt of Sept 3rd meeting

- Source TradeTheNews.com

GVI Forex Jay Meisler 10:12 GMT September 7, 2018
BREAKING NEWS:

GBP spiking higher but unlike other days, we have not seen any news. Offsets pushed EURUSD away from 1.1650 AT res.

Key AT GBPUSD res 1.2982

The Amazing Trader

GVI Forex Blog 09:31 GMT September 7, 2018
Are You Making Money Trading?

Are you consistently making money trading? If the answer is yes, go back to your trading platform. If no, then read on..

Are You Making Money Trading?

GVI Forex Blog 09:10 GMT September 7, 2018
BREAKING NEWS: E.Z. Final GDP For 2Q18 Misses Estimates
Reply   
Eurozone final 2Q18 GDP 2.10% yr/yr. Misses estimates.

BREAKING NEWS: E.Z. Final GDP For 2Q18 Misses Estimates

GVI Trader john 09:00 GMT September 7, 2018
BREAKING NEWS:

EZ 2Q18 GDP 2018

NEWS ALERT

mo/mo 0.40% vs. 0.40% exp. vs. 0.40% prev.
yr/yr 2.10% vs. 2.20% exp. vs. 2.20% prev.

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GVI Trader john 08:56 GMT September 7, 2018
Friday Trading Checklist For 7 September 2018

For AT Trading

See the Amazing Trader Live!

GVI EURUSD MACRO TREND Bias:


POSITIVE

Spot EURUSD: 1.1645
Pivot Point: 1.1630

This Week: 1.1543-1.1659
Fri:.1.1613-1.1649
Thu: 1.1606-1.1659
Wed: 1.1543-1.1636
Tue: 1.1559-1.1621
Mon: 1.1590-1.1627

20-day avg: 1.1543
50-day avg: 1.1615
100-day avg: 1.1717
200-day avg: 1.1957

Global-View Daily Trading Chart Points

Fed 25bp hike odds for Sep 26: 100% (100%), and for Dec 19 (second 25bp hike): 58% (58%).

10-yr Bonds
US: 2.884% +0.5bp
DE: 0.364% +1.0bp
GB: 1.435% +1.8bp
JP: 0.109% -0.1bp

DAX: -16
Implied Open
DJ: -34
SP: -2.4

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GVI Forex Blog 08:51 GMT September 7, 2018
Equities Lower 10-yr Yields Mixed. FX: USD Mixed & EUR Up
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Equities Lower 10-yr Yields Mixed. FX: USD Mixed & EUR Up

GVI Forex Blog 08:31 GMT September 7, 2018
Friday Trading Checklist For 7 September 2018
Reply   

Register To Test Your Amazing Trader

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

Fri 7 Sep 2018
A 09:00 EZ- GDP
AA 08:30 CA/US- Employment
Mon 10 Sep 2018
AA 08:30 GB- GDP, Trade, Output
Tue 11 Sep 2018
AA 08:30 GB- Employment Decision
A 09:00 DE- ZEW Survey
Wed 12 Sep 2018
A 12:30 US- PPI
A 14:30 US- EIA Crude
A 18:00 US- Beige Book
Thu 13 Sep 2018
A 1:30 AU- Employment
AA 11:00 GB- Bank of England Decision
AA 11:45 EZ- European Central Bank Decision
A 12:30 US- Weekly Jobless
AA 12:30 US- CPI
Fri 14 Sep 2018
A 08:30 GB- GDP
AA 12:30 US- Retail Sales
A 13:15 US- Industrial Production
AA 14:00 US- prelim University of Michigan

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

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Friday Trading Checklist For 7 September 2018

PAR 07:08 GMT September 7, 2018
EURUSD

Rumors of soft US employment data and declining wages.

PAR 07:01 GMT September 7, 2018
US DEBT
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US treasury will sell $ 73 billion in notes and bonds next week.

PAR 06:55 GMT September 7, 2018
FRANCE
Reply   
French budget deficit hitting new all time record highs above 100 % .

Macron = Trump

PAR 06:52 GMT September 7, 2018
EURUSD
Reply   
Long EURUSD 1.1635. stop reverse 1.1610.

Khulna SMD TopAsiaFx 06:11 GMT September 7, 2018
long jpy!

Very useful and awesome post. I thank you for teaching concepts in deep.

SMD TopAsiaFx

Fukuoka joyya 06:01 GMT September 7, 2018
long jpy!

look like gbpaud 2/2.1 euraud 1.75/185 audjpy go below 70....

Fukuoka joyya 03:37 GMT September 7, 2018
long jpy!

jpy doing well.....

long silver facebook or short amazon?

GVI TRADER 00:22 GMT September 7, 2018
.USDJPY
Reply   
This is pressuring USDJPY lower

President Trump hints to WSJ that trade fight with Japan could be next