Forex Forum Archive for 08/1/2019

HK [email protected] 23:55 GMT August 1, 2019
Gold: The ultimate support! Nice match.

.
Well if the PLA will enter HK. Probably will be very bullish for gold.

Trump's tweet was overplayed, and can be seen that no new buyers this morning.

Anyway if Tech. still has any value, we are inside a daily bearish formation.

BHK win10 23:47 GMT August 1, 2019
Gold: The ultimate support! Nice match.

Any change of bearish view?

HK [email protected] 23:16 GMT August 1, 2019
Trump does the best to spoil relations with China.
Reply   
.
Also with disrespectful attitude, also by economic sanctions.
Maybe another 30% tax will help solve the problem.
Meanwhile the Chinese do not buy grains from the US.
So take the imposed taxes and subsidize the grain farmers:)

Hk Ab 22:38 GMT August 1, 2019
Yen
Reply   
If there’s another early bird movement, maybe Trump is ready to tweet “just kidding”

Hk Ab 22:38 GMT August 1, 2019
Yen
Reply   
If there’s another early bird movement, maybe Trump is ready to tweet “just kidding”

HK [email protected] 22:06 GMT August 1, 2019
USD/JPY
Reply   
.
It is enough to look at the yen price movmnt hours B4 the release of Trump's tweet that someone(s) was tipped about it.
O.K. So some were making money for themselves and for their friends in W.Street.

Mtl JP 21:16 GMT August 1, 2019
Big Week For Data

and see how china markets digest the latest trade negotiations between donald's and xi's teams

Mtl JP 21:13 GMT August 1, 2019
Big Week For Data

It should be a matter of short time for some chinese apparatchik to come out with some gush about how china can not and will not let its ego / pride be kicked in a display of case of hard of hearing

Mtl JP 21:08 GMT August 1, 2019
Big Week For Data

nh the link below has all the good elements traders need and look for: "volatility" and
"..companies are passing along the costs of higher tariffs along ..." - that stupid both above / below 2% FED trgt to make it happy

New Trump tariffs threaten U.S. consumer, spelling wider trouble for stocks, analysts say

Mtl JP 20:48 GMT August 1, 2019
Big Week For Data

easier to watch:
https://twitter.com/EdwardLawrence

Mtl JP 20:44 GMT August 1, 2019
Big Week For Data

Can one think President Trump is stupid nuff to

Edward Lawrence
‏Verified account
@EdwardLawrence
18m18 minutes ago

Chinese sources say China is not backing down or adding back any of the concession language in the agreement. The Chinese told the US Trade Rep the US will have to just trust them that China will enforce intellectual property protections. #China #Tra

Those 10% tariffs are missing a zero !

Livingston nh 20:30 GMT August 1, 2019
Big Week For Data

So far, so good for TWEETER - but if markets turn on him because of his meddling.... hmm!

Mtl JP 20:18 GMT August 1, 2019
Big Week For Data

and unpredictable

those new 10% tariffs... could be temporary ... or become 25% ...
depending on how the screw squeals

Mtl JP 20:15 GMT August 1, 2019
Big Week For Data

nh President Trump is wily

Livingston nh 20:06 GMT August 1, 2019
Big Week For Data

JP - some folks were doing first of month bargain hunting for stox thinking yesterday's rout was a blip -- SOOPRIZE - so they got screwed // currencies and FI did flips // He does this on purpose -- it puts the screws to Powell in 2 ways -- one, it stirs up the HEADWIND tribe on the FED and two, it makes the KIDZ unhappy so Powell has to mollify them w/ a rate cut

TRUMP gets his lower rates -- I think you suggested this strategy

AT Trader 20:00 GMT August 1, 2019
Friday AT Trading Checklist

LATE Thursday
DJ: -282
SP: -27.5

2-yr 1.740% +14.8 bp
Spread 10s-2s +15.2 (+13.9 bp)
10-yr
US: 1.892% -12.9
DE: -0.455% -0.2
UK: 0.585% -0.8


EURUSD MACRO TREND: NEGATIVE
Spot EURUSD: 1.1081
Pivot Point: 1.1068

This Week 1.1027-1.1162 (135 pips)
thu: 1.1027-1.1095 (68)
wed: 1.1065-1.1162 (97)
tue: 1.1132-1.1161 (29)
mon: 1.1113-1.1149 (36)
fri: 1.1112-1.1151 (39)


Sign up now for your invaluable report

How To Turn Your Forex Trading Into A Business

20-day avg: 1.1119
50-day avg: 1.1238
100-day avg: 1.1239
200-day avg: 1.1303

Mtl JP 19:57 GMT August 1, 2019
Big Week For Data

DJIA off only -302.60 or -1.13%
not a concern yet

Livingston nh 19:52 GMT August 1, 2019
Big Week For Data

Bonds reacting to Sept rate cut but STOX saying "oh no!" -- the tariffs will eventually help the FED's inflation hopes and then Bonds will be saying "oh no!"

Livingston nh 19:52 GMT August 1, 2019
Big Week For Data

Bonds reacting to Sept rate cut but STOX saying "oh no!" -- the tariffs will eventually help the FED's inflation hopes and then Bonds will be saying "oh no!"

GVI Forex Blog 19:39 GMT August 1, 2019
Chart Points: Free Forex Database For 1 August 2019
Reply   

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.

AT Trader john 19:21 GMT August 1, 2019
Friday AT Trading Checklist
Reply   

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

PAR 19:06 GMT August 1, 2019
Big Week For Data

Trump just had a bad day so decided to impose some new tariffs on his good friend XI.

Trump is the biggest risk to the US economy.

Livingston nh 18:41 GMT August 1, 2019
Big Week For Data

SPX is ~40 dma 2950 break or bounce ---BUT this guy and Powell are wondrous sources of volatility

Mtl JP 18:30 GMT August 1, 2019
Big Week For Data

directly from President Trump's twitter:

..during the talks the U.S. will start, on September 1st, putting a small additional Tariff of 10% on the remaining 300 Billion Dollars of goods and products coming from China into our Country. This does not include the 250 Billion Dollars already Tariffed at 25%...

AT Trader 18:03 GMT August 1, 2019
Big Week For Data

yes Trump adds additional 10% tariff on additional $300 bln of goods starting on September 1.

Trump expressing disappointment wit progress on a number of fronts

Jkt Abel 17:58 GMT August 1, 2019
Big Week For Data

Euro bears ready to jump in above 1.11

Jkt Abel 17:51 GMT August 1, 2019
Big Week For Data

Wtf is going on? Just tweets from potus?

Hk Ab 17:49 GMT August 1, 2019
Gold
Reply   
Interesting last hour movement

AT Trader john 17:45 GMT August 1, 2019
Big Week For Data

EURUSD extending its gains as well.

AT Trader john 17:44 GMT August 1, 2019
Big Week For Data

10s 1.887% -13.7bp

on Trump tariff story

haifa ac 16:50 GMT August 1, 2019
Anti Tourism
Reply   
Wonder how severe this is
More and more tourist attractions (like Venice, Barcelona , some islands...) are getting tired of the dirt, loss of privacy, rudeness of many tourists etc.
There is a movement to ban some of it (even tho it is a fantastic income source).
Tourism is the largest industry in the world. Is it going to shrink?!

Livingston nh 16:33 GMT August 1, 2019
BREAKING NEWS

Al - Fed may be setting us up here in the states for negative rates -- so far REAL yield is negative but Fed worries about low inflation -- We could have price discovery again if the FED would dump the balance sheet treasurys into the market

Dillon AL 15:04 GMT August 1, 2019
BREAKING NEWS

Negative yield represent around 25% of all investment grade debt !!!!
and in the never ending search for yield
AND in Stocks
Of the five highest yielders; they’re all down YTD and by an average of 20% compared to the S&P 500 which is up over 20%

Dillon AL 15:02 GMT August 1, 2019
BREAKING NEWS

nh
Switzerland all out to 50 years negative
and
Negative-Yielding Debt Hits Record $14 Trillion

Livingston nh 14:55 GMT August 1, 2019
Big Week For Data

John - the new dot plot and july/august data at Fed Sept meeting -- Boeing is a dead weight in the manufacturing surveys so maybe that clears up// the DOTS will likely reflect the NEW Groupthink but the outvoted segment of the FOMC (members and participants) will be vocal in the resistance to another cut unless the wheels really come off // Jackson Hole may give an indication of intent

It's probably another cut but Powell's doves won't start cooing until after Labor day

Dillon AL 14:51 GMT August 1, 2019
Big Week For Data

very few are short Cable

AT Trader john 14:49 GMT August 1, 2019
Big Week For Data

EURUSD being weighed down by EURGBP again. Chatter yesterday of a squeeze on GBPUSD shorts.

AT Trader john 14:46 GMT August 1, 2019
Big Week For Data

61% odds on a 25bp cut in Fed Funds futures. They look a little high to me.

AT Trader 14:43 GMT August 1, 2019
Big Week For Data

yat =yet

AT Trader 14:42 GMT August 1, 2019
Big Week For Data

Chatter equity traders buying shares on hopes of another rate hike in September. Any ideas? All can say at this juncture another rate cut is yat to be determined...

Hk Ab 14:39 GMT August 1, 2019
Yen
Reply   
Is it spelling sth?

AT Trader 14:33 GMT August 1, 2019
Big Week For Data

10yr yield slipping further to 1.978% -4.3bp.

10s - 2s 14.4 bp yield curve inversion coming into view?

AT Trader 14:21 GMT August 1, 2019
BREAKING NEWS: U.S. ISM Manufacturing PMI Misses in July 2019

Looking broadly at the US and EZ July mfg PMIs, the picture is none too shiny imo.

GVI Forex Blog 14:17 GMT August 1, 2019
BREAKING NEWS: U.S. ISM Manufacturing PMI Misses in July 2019
Reply   
July 2019 U.S. ISM Mfg PMI misses expectations, and was weaker. Markit PMI revised higher. The ISM report is much more important.

BREAKING NEWS: U.S. ISM Manufacturing PMI Misses in July 2019

AT Trader 14:04 GMT August 1, 2019
BREAKING NEWS

Small miss in ISM Mfg

AT Trader 14:03 GMT August 1, 2019
BREAKING NEWS

U.S. ISM Manufacturing PMI July 2019

Livingston nh 13:57 GMT August 1, 2019
BREAKING NEWS

"... firms continued to increase factory gate charges, with output prices rising at a solid rate that was above the series average despite challenging demand conditions." Markit PMI

The FED may gets its wish
Negative real yield out to 10 years - 90 day/10 yr curve inversion persists

AT Trader john 13:52 GMT August 1, 2019
Big Week For Data

10s 1.990. -3.1

sub 2.00%

AT Trader 13:45 GMT August 1, 2019
BREAKING NEWS

U.S. Markit final Mfg PMI July 2019

AT Trader 13:31 GMT August 1, 2019
BREAKING NEWS

Canada RBC-Markit July 2019

AT Trader john 10:30 GMT August 1, 2019
BREAKING NEWS

Mtl JP 10:27 GMT August 1, 2019
The end of Traffic jams?!

Like Waze and Mobileye--Israel is again at the forefront of improving quality of life.

and imagine an intentional or not bug that WILL manage the traffic load and will make jams happen: "mami mami ... I dont want to have to write that history exam today"

jkt abel 10:15 GMT August 1, 2019
insert wondering if this was a good idea emoji here

below 1.0970, you dont even think, just sell

swiss frank 10:09 GMT August 1, 2019
insert wondering if this was a good idea emoji here
Reply   
Coming back to this 'does the Fed know Fridays NFP prior to yesterday' conundrum. With the cut, and then the vague maybe this maybe that maybe nothing follow up, one might almost surmise that tomorrows number and or revision comes on the weakish side. If it were to be a blow out on the upside would they really have cut yesterday?

As such, I know I am going to regret this big time, I am flat eur/usd (feels like long), and hoping hugely for the logic (see above) to follow and be able to resell somewhere back above 1.1100.

haifa ac 10:06 GMT August 1, 2019
The end of Traffic jams?!
Reply   
Like Waze and Mobileye--Israel is again at the forefront of improving quality of life.
GoGreen company devised an algorithm that makes Traffic lights smarter. It collects information coming from all intersections and allocates times correctly
The Traffic light has not changed in the last 40 years. No more.The new Traffic light will NOT manage the traffic load but will PREDICT it and will prevent it from happening.
It uses VOLUME sensors above and below ground, it perceives the distance between passing vehicls, their speed and thus can predict the load situation. The moment understand the load picture it starts managing time resources from open direction and thus adjust traffic. End of Jam.
Many drivers lose 1-2 hours a day in congested roads.

https://www.mako.co.il/news-israel/2019_q3/Article-c537b0bff994c61026.htm?Partner=rss

Mtl JP 09:50 GMT August 1, 2019
BREAKING NEWS: EZ Final Mfg PMIs better in July 2019

EZ PMI ... my bulldog's donkeyhole looks better

what will it take for "authorities" to shout R ?

swiss frank 09:12 GMT August 1, 2019
AUD

I think around here is pretty much it Professor. Weekly close below .6850 and one has to be thinking .6500 possibly .6250 support from the monthly view.

GVI Forex Jay Meisler 09:10 GMT August 1, 2019
My Secret to Forex Trading Revealed


Look at the right side bar =>>>>>

GVI Forex Blog 08:47 GMT August 1, 2019
BREAKING NEWS: U.K. Manufacturing PMI Steady in July 2019
Reply   
July 2019 U.K. Manufacturing PMI steady but below 50 expansion/contraction line.

BREAKING NEWS: U.K. Manufacturing PMI Steady in July 2019

GVI Forex Blog 08:35 GMT August 1, 2019
BREAKING NEWS: EZ Final Mfg PMIs better in July 2019
Reply   
EZ July 2019 final Manufacturing PMIs. Mostly revised up slightly vs. Italy better.

BREAKING NEWS: EZ Final Mfg PMIs better in July 2019

HK [email protected] 08:34 GMT August 1, 2019
Chinese forces gathering at Hong Kong border, White House officials monitoring escalation
Reply   
.

Chinese forces gathering at Hong Kong border, White House officials monitoring escalation

AT Trader 08:31 GMT August 1, 2019
BREAKING NEWS

GB Manufacturing PMI July 2019

-- NEWS ALERT --
48.0 vs. 47.7 exp. vs. 48.0 (r ) prev.

HK [email protected] 08:28 GMT August 1, 2019
Gold: The ultimate support! Nice match.

.
My suggestion of 1385 target is still valid, but it is a touch away from 1381 which if brakes a strong sell may follow.

A break of 1400, 1390, 1385, 1381; Are levels which will bring sellers.

AT Trader 08:10 GMT August 1, 2019
Thursday AT Trading Checklist

EARLY Thursday
DJ: +31
SP: +1.2

2-yr 1.898% +0.1 bp
Spread 10s-2s +13.9 (+15.3 bp)
10-yr
US: 2.051% +0.9
DE: -0.426% -0.7
UK: 0.622% +1.2


EURUSD MACRO TREND: NEGATIVE
Spot EURUSD: 1.1034
Pivot Point: 1.1105

This Week 1.1032-1.1162 (130 pips)
thu: 1.1032-1.1082 (50)
wed: 1.1065-1.1162 (97)
tue: 1.1132-1.1161 (29)
mon: 1.1113-1.1149 (36)
fri: 1.1112-1.1151 (39)


Sign up now for your invaluable report

How To Turn Your Forex Trading Into A Business

20-day avg: 1.1201
50-day avg: 1.1240
100-day avg: 1.1241
200-day avg: 1.1305

HK [email protected] 07:56 GMT August 1, 2019
Gold: The ultimate support! Nice match.
Reply   


.
If one wants to draw the upper line starting 6 days before, a bearish wedge will be seen with very near down target.

1355 hmmm. Scaring no?

A very long term line (starting July 6 2016) added.
A break below 1381 is an easy go to 1355 or even lower.

AT Trader john 07:56 GMT August 1, 2019
BREAKING NEWS

EZ Final Manufacturing PMIs July 2019

jkt abel 04:17 GMT August 1, 2019
NFP=USDX 100

hi guys
so this is auto easiest trade of the month, euro to 1.08 en route to 1.03?

haifa ac 02:57 GMT August 1, 2019
A Ford or another Edsel?
Reply   
On Costliest U.S. Warship Ever, Navy Can’t Get Munitions on Deck
By Anthony Capaccio
July 30, 2019, 11:00 AM GMT+3 Updated on July 31, 2019, 10:06 PM GMT+3
Essentially, the ship can’t deploy,’ lawmaker Luria says
Weapons can’t be lifted to the deck of USS Gerald R. Ford


https://www.bloomberg.com/news/articles/2019-07-30/flawed-elevators-on-13-billion-carrier-miss-another-deadline

kl fs 02:56 GMT August 1, 2019
NFP=USDX 100
Reply   
NFP=USDX 100

Mtl JP 02:05 GMT August 1, 2019
AHNC

naaahh I am not kidding: there are pigeons out there who think it is a privilege and an honour to buy from the likes of

Bill and Melinda Gates Foundation , Jack Welch , Shaun White, professional basketball player Maya Moore, the Humane Society of the United States ...

Central Kwun 01:51 GMT August 1, 2019
Every Dip is Buy
Reply   
Buy Gold
Entry: 1408 Target: Stop: 1388

Previous long on 1419, 1422 were all closed at 1430 yesterday. Equities will tank over the coming weeks now, take down the dollar with it and gold will shoot up again.

dc CB 01:37 GMT August 1, 2019
USD

Grimms FaireyTales or maybe Aesop's, or give me a Walt Disney (oh poor Bambi)

Hey POW POW POWell, play that flute, play that flute...remember U work for ME. wanna go to the Boardroom, or worse.

U do know Mr. PPPwell, that if it all goes to sheit, I'll blame the FED and all who lost 401K monies will be lookin' for a scapegoat.

WOW Mr. PPPwell, U will goe down in My Story, The TRUMP Story, as the guy that handed ME the excuse to get rid of the FED...LOL
The Public will be behind me 'cause U hosed them.

(sometime in the future. If at all)

dc CB 01:28 GMT August 1, 2019
AHNC

if the existing shareholders get away w/it

JP, R U kidding.

https://www.zerohedge.com/news/2019-07-30/theres-not-much-left-tesla-burns-ground-germany-no-apparent-reason

https://www.zerohedge.com/news/2019-07-30/elon-musk-thumbs-nose-sec-tweets-out-new-solar-production-guidance-0

Mtl JP 01:23 GMT August 1, 2019
USD



CB dlrx reminds me of an about to be pissed cobra

dc CB 01:19 GMT August 1, 2019
USD
Reply   

USD Index Sept futures 98.6XX Up .37+/-

When it crosses 99.00 and goes higher....YOWZA---TWEETERs out the wazzooo. OMG crosses 99.50 OMFG

Mtl JP 01:05 GMT August 1, 2019
AHNC

hahahahaheadline byline:

Early investors including Bill Gates and Jack Welch cash out some shares alongside Beyond Meat’s CEO, CFO

Mtl JP 01:01 GMT August 1, 2019
AHNC

dc CB 00:02 - ...offered by existing shareholders...

boowahahaha ! rofl

very veRY VERY impressive if the existing shareholders get away w/it

dc CB 00:49 GMT August 1, 2019
AHNC



the Secret formula hacked..!!!!!!!!!.
BYND tried to keep under wraps, but failed.

Livingston nh 00:34 GMT August 1, 2019
AUD
Reply   
SF - do you have a range bottom on AUD?

GVI Forex 00:27 GMT August 1, 2019
My Secret to Forex Trading Revealed


Look in the right side bar =>>>>>

Livingston nh 00:05 GMT August 1, 2019
AHNC

Upton Sinclair will be pleased that those Chicago slaughterhouses can finally be replaced with productive jobs

dc CB 00:02 GMT August 1, 2019
AHNC

Beyond Meat, Inc. (NASDAQ: BYND) (“Beyond Meat”), a leader in plant-based meat, today announced the pricing of an underwritten public offering of 3,250,000 shares of its common stock at a price to the public of $160.00 per share.

Of the shares being offered, 250,000 are being offered by Beyond Meat and the remaining 3,000,000 shares are being offered by existing stockholders

https://www.zerohedge.com/news/2019-07-31/beyond-meat-completes-secondary-offering-massive-discount
++++++++++++++++++++++++++++++++++++++++++++

Calling Dr. Heimlich.
Calling Dr. Heimlich
URGENT URGENT

Livingston nh 00:00 GMT August 1, 2019
AHNC

cb- my pretzel indicator (required for beer consumption) has moved to $3.69 in 4 steps from $1.99 in 18 mos // my grandchildren think a 1/2 gal = 48 ozs

Inflation is cumulative - thank goodness there is no inflation