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Forex Forum Archive for 01/25/2020

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dc CB 21:26 GMT January 25, 2020
Welcome to Greenlandia
There is a new Road to Serfdom, and I think it looks something like this.
Step 1: Missionary promotes the narrative that “something must be done” about a problem
Step 2: Other missionaries work to establish the narrative as common knowledge, something “everybody knows that everybody knows”
Step 3: Missionaries decry lack of action by traditional mechanisms, need for an unfettered hand to pursue it
Step 4: Missionaries make an explicit play for power
Step 5: Missionaries warn what will happen if they are not given the power

New Road to Serfdom - Epsilon Theory

Israel MacroMicro 20:53 GMT January 25, 2020
Friday Amazing Trader 24 Jan 2020

technically Chinese stox don't need a correction but from the other hand US and rest of the world begging for healthy correction

Israel MacroMicro 20:51 GMT January 25, 2020
Friday Amazing Trader 24 Jan 2020

Chinese markets closed next week. so no drive to bring positive news. interesting week it will be.

Mtl JP 20:38 GMT January 25, 2020
Friday Amazing Trader 24 Jan 2020

China coronavirus spread is accelerating, Xi Jinping warns (4hrs ago)

Xi Jinping warns - bbc

Minneapolis DRS2 16:13 GMT January 25, 2020
Friday Amazing Trader 24 Jan 2020

China will either make substantial progress in human sanitation, or they will continue to suffer outbreaks of various diseases. It is that simple.

Food production and distribution...the prevalence of wet markets...deficiencies in basic "Western-standard" authorities respond to public disease.

It is not impossible, even in a region that is often hot and humid...look at places like Singapore...Japan...Taiwan...South would not expect diseases of this kind to erupt in those countries to the degree it has in mainland China. Their handling of sanitation issues is very advanced.

Hopefully, they will not take as much time as it took the West to learn about such things.

AT Trader 13:47 GMT January 25, 2020
Monday Amazing Trader 27 Jan 2020

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

Mon 27 Jan 2020
A 09:00 DE- IFO Survey
A 15:00 US- New Homes Sales
Tue 28 Jan 2020
A 13:30 US- Durable Goods
C 14:00 US- Case-Shiller
A 15:00 US- Consumer Confidence
B 15:00 US- Richmond Fed
Wed 29 Jan 2019
A 15:00 US- Pending Homes Sales
A 15:30 US- EIA Crude
AA 19:00 US- Fed Decision
Thu 30 Jan 2019
A 09:00 DE- Employment
AA 19:00 GB- BOE Decision
A 13:30 US- Weekly Jobless
A 13:30 US- GDP
Fri 31 Jan 2019
A 07:00 DE- Retail Sales
AA 10:00 EZ- Flash HICP
A 13:30 US- Personal Income, Spending, Deflator
AA 15:00 US- Final Univ of Michigan

Mtl JP 13:12 GMT January 25, 2020
Friday Amazing Trader 24 Jan 2020

More cities added to quarantine (18 now, over 50 million people)

2003 all over again:

In a post that was online for less than an hour, the Wuhan Health Commission admitted Thursday that it was struggling under the strain of the outbreak.

“At present, there is an obvious increase in the number of patients with fever in the city, and it is true that there are long queues and a shortage of beds in fever clinics,” the commission said.

A post from Wuhan Railway saying that 300,000 people traveled by train out of Wuhan on Wednesday, headed to every corner of the country, was also quickly deleted." washpost

The speed of instoration and extent of quarantines tells one all they need to know.

Job #1 is to take care of #1: Keep vehicule fuelled. Have extra fuel hide-out canisters. Stock up on necessities.

Waiting to react for quarantine annoucement means too bad too late.

haifa ac 08:47 GMT January 25, 2020
Friday Amazing Trader 24 Jan 2020

Almost funny
Chinese pharmacologists claim that the source of the corona virus is-Snakes.
What is the connection between snakes and humans?!
We EAT them.

Mtl JP 01:55 GMT January 25, 2020
Friday Amazing Trader 24 Jan 2020

epidemic vs pandemic
What is a pandemic?

A pandemic is the worldwide spread of a new disease.

Mtl JP 01:34 GMT January 25, 2020
Friday Amazing Trader 24 Jan 2020

Experts vs Peasants
hopeful experts :/: peasants: lookout for #1
Experts are preparing for an outbreak that could last months.
Dr. Gauden Galea, the representative of the World Health Organization in Beijing, said in an interview on Friday that while much was uncertain, health officials were preparing for an outbreak that could last for months. He said that eventually thousands of people would most likely be infected, citing models produced by public health experts.

“My own office is gearing up for a number of months,” Dr. Galea said. “We do not expect it to disappear in a number of days.”

Mtl JP 01:18 GMT January 25, 2020
Friday Amazing Trader 24 Jan 2020

Donald J. Trump
China has been working very hard to contain the Coronavirus. The United States greatly appreciates their efforts and transparency. It will all work out well. In particular, on behalf of the American People, I want to thank President Xi!

According to NYTimes: Anger and mistrust spill over online
On Chinese social media, people across the country expressed mounting mistrust and resentment of the authorities in Wuhan, whom they blamed for mishandling the outbreak.

and here is communist party's mouthpiece

@HuXijin_GT Editor-in-chief of Chinese and English editions of the Global Times

hk win10 01:12 GMT January 25, 2020
what - if anything - would you like to hold over the week-end ?

Gold. Target $3333 in 18 months


Actionable trading levels delivered LIVE to YOUR charts

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

Mon 27 May 2019
AAGB/US- Holiday
Tue 28 May 2019
A 14:00 US- Consumer Confidence
C 13:00 US- Case-Shiller
Wed 29 May 2019
A 08:55 DE- Employment
AA 18:00 US- BOC Decision
A 18:30 US- EIA Crude
Thu 30 Mar 2019
AAEZ/CH- Holiday
A 12:30 US- Weekly Jobless
Fri 31 Mar 2019
AA 10:00 EZ- Flash HICP
A 12:30 US- Personal Income, Spending, Deflator
AA 14:00 US- Final Univ of Michigan

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