Mtl JP 23:44 GMT November 5, 2020
How to Trade a Political Forex Market
How to Trade a Political Forex Market
biden said "we will know soon"
trump is alleged to make a statement imminenetly.
personally, I expect that republicans are already breaking out champagne
and not because they expect djt to prevail
Gold Coast Martin 22:08 GMT November 5, 2020
BOJ Price check
Reply
USDJPY
Entry: Target: Stop:
In times like this, it is always wise to hold a usd/jpy buy regardless of your trading position.
BOJ not just checking rates at the moment. Area: 10308-10321.
g.t to all
dc CB 21:29 GMT November 5, 2020
POWELL
Manufacturing shift into High Gear.
https://cdn.britannica.com/94/205494-050-29317913/women-plant-Douglas-Aircraft-Company-El-Segundo-1940.jpg
WSJ image --Mask making
AT Trader john 21:14 GMT November 5, 2020
Friday Amazing Trader 6 November 2020
LATE THURSDAY: RISK-ON
DJ: 28,390 +542
SP: 3,510 +67
NQ: 11,891 +300
2-yr 0.153% +0.8 bp
Spread 10s-2s +62.3 bp (+58.6)
10-yr
US: 0.776% +0.8 bp
UK: 0.231% -0.5 bp
DE: -0.638% -0.5 bp
EURUSD MACRO TREND: POSTIVE
Spots (Pivot Point prev day)
EURUSD 1.1817 (1.1796)
GBPUSD 1.3129 (1.3069)
EURGBP 0.8999 (0.9021)
USDJPY 103.56 (103.86)
THIS Week 1.1859-1.1603 (256 pips)
thu: 1.1859-1.1711 (148)
wed: 1.1771-1.1603 (168)
tue: 1.1740-1.1636 (104)
mon: 1.1656-1.1623 (23)
fri 1.1705-1.1640 (65)
20-d avg: 1.1759
50-day avg: 1.1774
100-day avg: 1.1681
200-day avg: 1.1337
Global-View Daily Trading Chart Points
PAR 20:37 GMT November 5, 2020
POWELL
dc
Same problems in Europe.
Politicians have wrong priorities.
dc CB 20:21 GMT November 5, 2020
POWELL
Face Masks Are Again in Short Supply as Covid-19 Cases Surge
Despite increased production of protective gear, levels of N95 face masks are lower than recommended at many health-care facilities
https://www.wsj.com/articles/face-masks-are-again-in-short-supply-as-covid-19-cases-surge-11604499588
dc CB 20:19 GMT November 5, 2020
POWELL
PAR
see the link to the WSJ --- shortage of N95 masks --- for medical professionsls.
10 Months and calls for a national mask mandate...everyone must wear masks. $3 trillion handed out to save the economy, but there is a shortage of Masks.....Let me repeat $$$$$trillions handed out and no masks? ---how much would it cost to give 5 cases of N95 masks to every man, woman, and child in the US---a few Billion$$$$.
Rather the screws are being oiled for the coming LockDown --- and another disbursement of $3-5Trillion. The Medical Problem is too too too Useful
PAR 19:55 GMT November 5, 2020
POWELL
It is a medical problem not a monetary or fiscal problem.
We need to solve the medical problem.
PAR 19:47 GMT November 5, 2020
POWELL
Reply
Fiscal policy can't solve the Covid problem .
Israel MacroMicro 19:39 GMT November 5, 2020
Eric Trump
Ivanka, only she can stop the madness.
PAR 19:21 GMT November 5, 2020
Eric Trump
Reply
Playing a very dangerous claim by claiming fraud by Democrats. So father, so son,?
AT Trader john 19:10 GMT November 5, 2020
NEWS
November 05, 2020
Federal Reserve issues FOMC statement
For release at 2:00 p.m. EST
The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals.
The COVID-19 pandemic is causing tremendous human and economic hardship across the United States and around the world. Economic activity and employment have continued to recover but remain well below their levels at the beginning of the year. Weaker demand and earlier declines in oil prices have been holding down consumer price inflation. Overall financial conditions remain accommodative, in part reflecting policy measures to support the economy and the flow of credit to U.S. households and businesses.
The path of the economy will depend significantly on the course of the virus. The ongoing public health crisis will continue to weigh on economic activity, employment, and inflation in the near term, and poses considerable risks to the economic outlook over the medium term.
The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. With inflation running persistently below this longer-run goal, the Committee will aim to achieve inflation moderately above 2 percent for some time so that inflation averages 2 percent over time and longer-term inflation expectations remain well anchored at 2 percent. The Committee expects to maintain an accommodative stance of monetary policy until these outcomes are achieved. The Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent and expects it will be appropriate to maintain this target range until labor market conditions have reached levels consistent with the Committee's assessments of maximum employment and inflation has risen to 2 percent and is on track to moderately exceed 2 percent for some time. In addition, over coming months the Federal Reserve will increase its holdings of Treasury securities and agency mortgage-backed securities at least at the current pace to sustain smooth market functioning and help foster accommodative financial conditions, thereby supporting the flow of credit to households and businesses.
In assessing the appropriate stance of monetary policy, the Committee will continue to monitor the implications of incoming information for the economic outlook. The Committee would be prepared to adjust the stance of monetary policy as appropriate if risks emerge that could impede the attainment of the Committee's goals. The Committee's assessments will take into account a wide range of information, including readings on public health, labor market conditions, inflation pressures and inflation expectations, and financial and international developments.
Voting for the monetary policy action were Jerome H. Powell, Chair; John C. Williams, Vice Chair; Michelle W. Bowman; Lael Brainard; Richard H. Clarida; Mary C. Daly; Patrick Harker; Robert S. Kaplan; Loretta J. Mester; and Randal K. Quarles. Ms. Daly voted as an alternate member at this meeting.
Implementation Note issued November 5, 2020
Israel MacroMicro 19:08 GMT November 5, 2020
NEWS
John, the FED repeats their "promise" that no rate hikes will happen until 2% average inflation is reached. is there more bullish scenario for gold than that?
tia
AT Trader john 19:04 GMT November 5, 2020
NEWS
Fed maintains status quo
AT Trader john 19:00 GMT November 5, 2020
NEWS
Reply
U.S. Fed Policy Decision September 16, 2020
NEWS ALERT
Fed Funds Target Range unchanged at 0.00% to 0.25%
RELEASE: Policy Statement
Israel MacroMicro 18:38 GMT November 5, 2020
Trump is demented
great!
so he can share a cell with Bibi
PAR 18:26 GMT November 5, 2020
Trump is demented
Could this lead to a civil war in the USA?
Israel MacroMicro 18:22 GMT November 5, 2020
Trump is demented
let me state, Hillary was quiet, in case DJT lost, he will take a hit as private citizen as orchestrated by Hillary. he will end behind the bars. LOCK HIM UP
lol
Israel MacroMicro 18:18 GMT November 5, 2020
Trump is demented
CB 17:43
at least as minimum, use a topless model is the picture.
Israel MacroMicro 18:16 GMT November 5, 2020
Trump is demented
you said every post of yours is trading related and takes part in your decision making process, how this post of yours is trading related and which trade idea came out of it?
AT Trader john 18:10 GMT November 5, 2020
Friday Amazing Trader 6 November 2020
Reply
GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium
Fri 5 Nov 2020
A 13:30 US/CA- Employment
GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium
Mon 9 Nov 2020
No Major Data
Tue 10 Nov 2020
A 0:00 GB- Employment
B 14:00 US- JOLTS
Wed 11 NOV 2020
CA/US Holiday
A 15:30 US- EIA Crude
Thu 12 NOV 20120
AA 08:00 UK- Trade
A 08:00 GB- Output, Trade, GDP
AA 13:30 US- CPI
A 13:30 US- Weekly Jobless
Fri 13 NOV 2020
A 13:30 US- PPI
>
AA 15:00 US- Prelim Univ of Michigan
dc CB 17:43 GMT November 5, 2020
Trump is demented
ac --- this pic is for you. lol
cheers.
dc CB 17:36 GMT November 5, 2020
Trump is demented
Trip Gabriel
@tripgabriel
Allegheny County, PA still has 35,413 uncounted mail-in ballots, but elections staff is taking today off for "administrative work" and will not resume count until Friday. "I can't get an answer as to why,'' says @bethanyhallam, a member of county elections board.
10:33 AM � Nov 5, 2020
______________________________________________________
In other news:(10 months into The Pandemic)
Face Masks Are Again in Short Supply as Covid-19 Cases Surge
Despite increased production of protective gear, levels of N95 face masks are lower than recommended at many health-care facilities
https://www.wsj.com/articles/face-masks-are-again-in-short-supply-as-covid-19-cases-surge-11604499588
haifa ac 17:23 GMT November 5, 2020
Trump is demented
Reply
His recent tweets about stopping the count, trucks of chinese ballots sent to polling centers, too many votes for Biden in a row......you name it.
This is NOT sane!
hk ab 16:33 GMT November 5, 2020
gold
sideline and discipline. If fail attempting twice, better enter again later. No need to make trades a burden.
Kl Shawn 16:30 GMT November 5, 2020
gold
Ab, you are out of the game already right?
hk ab 16:19 GMT November 5, 2020
gold
Reply
giving blood......
will see, seems something is being brew during Fed tonight.
Kl Fs 16:17 GMT November 5, 2020
Gold
Shawn, you wanna give blood too like ab so we can see 2000 quicker?
Kl Shawn 15:41 GMT November 5, 2020
Gold
Fs, you buy gold here?
Kl Fs 15:19 GMT November 5, 2020
Gold
Above 1940, see 2000 again
Keep giving blood, ab
Hk Ab 15:19 GMT November 5, 2020
Gold
Stopped, no luck today
Hk Ab 15:15 GMT November 5, 2020
Gold
Reply
$100 game sold 1942
Hk Ab 15:03 GMT November 5, 2020
Gold
Reply
Last drop of blood
haifa ac 14:38 GMT November 5, 2020
US
Not before black friday. Shopping comes first in America.
Hk Ab 14:24 GMT November 5, 2020
US
Reply
Anyone seeing a wide lockdown in US after thanksgiving?
Hk Ab 14:05 GMT November 5, 2020
Gold
Reply
Last drain of blood
Hk Ab 13:48 GMT November 5, 2020
Yen
Testing it out :)
Kl Fs 13:40 GMT November 5, 2020
Yen
Study your own rules. Too loud announcing stop in gv....
HK Kevin 13:40 GMT November 5, 2020
Yen
Hk Ab 13:17 GMT , lower bond yield translates into lower USD/JPY.
AT Trader john 13:30 GMT November 5, 2020
NEWS
Reply
Weekly Jobless Claims
-- LATEST DATA --
751.000 vs 746,000 exp vs. 751,000(r )
U.S. Productivity 3Q20
ALERT
+4.90% vs. +3.60% exp. vs. +10.10% prev.
Hk Ab 13:17 GMT November 5, 2020
Yen
Reply
Stopped, tough luck
Hk Ab 12:35 GMT November 5, 2020
Yen
Reply
Long dlrjpy 104, tight sl
london red 12:26 GMT November 5, 2020
Thursday Amazing Trader 5 November 2020
sunak on the wires spending every one great grandkids money again. people will get by without hand out for iphones big screen tvs and diy.
london red 12:25 GMT November 5, 2020
AMAZON
to be fair to the minion loo-a-like, he has been selling every year all the way up...for projects such as his space program. hopefully to take the likes of him and other like him on a one way trip to mars.
AT Trader john 12:19 GMT November 5, 2020
US Elections
When push comes to shove the Supreme Court will give the people who they voted for. Trump is out.
Israel MacroMicro 11:51 GMT November 5, 2020
US Elections
soon in France PAR, Macron doing his 'I do not get out the shop without my toy' showtime
haifa ac 11:47 GMT November 5, 2020
AMAZON
Owner sells.....public buys.
Who is the patsy?!
PAR 11:25 GMT November 5, 2020
US Elections
Reply
Start to look like Belarusian elections or those in Ivory Coast.
AT Trader john 11:16 GMT November 5, 2020
Thursday Amazing Trader 5 November 2020
Personal Observations:
Markets are in a RISK-On posture early Thursday as we move into a post-Trump era in the U.S. I feel there is little chance that Biden will NOT be installed as the next U.S. President late in January. Those in the U.S. hoping for revolutionary changes are bound to be disappointed by how little changes with a new government. Keep in mind that a Republican majority in the Senate is going to put a brake on any radical changes to the economy.
The Coronavirus is still raging, and a new regime is not going to be able to do much more than what is already being done. the main hope remains a vaccine that works to some extent. Odds are some vaccine will be released in the next six months or so, and the economy will slowly return to some sense of normalcy. This would have happened anyway no matter who would have won the election.
Forex markets are taking a bearish view on the USD due to the regime change but might be getting far ahead of events on the ground. Any change in the U.S. government is still two months away, and the old guard will be a lame duck caretaker. The Fed will still operate as normal.
Equities are exuberant They are probably too far ahead of themselves as well.
Amazing Trader Reviews
Hk Ab 11:14 GMT November 5, 2020
Yen
Reply
It�s the most honest
Israel MacroMicro 11:07 GMT November 5, 2020
AMAZON
must make new wifey happy
london red 11:07 GMT November 5, 2020
gold
euro stopped a whisker shy of 50% retracment but there was also a strong argument to test prev high just below 115. while below 119 it cant be ruled out.
hk ab 10:59 GMT November 5, 2020
gold
Reply
gold is draining the last drop of blood before big turn.
hk ab 10:59 GMT November 5, 2020
yen
Reply
actually, yen is also very interesting here. Tbh, it's a long after spike down.
IF you have a deep pocket for 1 night.
hk ab 10:58 GMT November 5, 2020
Yuan
Reply
Hk Ab 18:19 GMT March 2, 2020
Eur: Reply
Red//
One thing I leant from my 20 years in GVI is bangsters know how to drain the last drop of blood. The eur has been beaten.hard for some days and shorts have been accumulated for long. Pull out the monthly and we can easily predict what could happen in March..... similarly, Yuan.....
hk ab 10:56 GMT November 5, 2020
Yuan
JP//buy dlr/yuan = sell yuan.
Mtl JP 10:55 GMT November 5, 2020
Yuan
buy yuan = sell usdcny (6.6086 atm) ?
PAR 10:53 GMT November 5, 2020
AMAZON
Reply
The founder and CEO of the tech giant has sold more than $9 billion worth of his shares so far this year
hk ab 10:48 GMT November 5, 2020
Yuan
Reply
1 more buy 6.61 same stop
AT Trader john 10:45 GMT November 5, 2020
Thursday Amazing Trader 5 November 2020
THURSDAY: RISK ON
DJ: 27,741 +360
SP: 3,499 +43
NQ: 12,098 +332
2-yr 0.149% -0.4 bp
Spread 10s-2s +58.6 bp (+63.1)
10-yr
US: 0.735% -5.3 bp
UK: 0.216% +0.8 bp
DE: -0.640% -0.2 bp
EURUSD MACRO TREND: NEGATIVE
Spots (Pivot Point prev day)
EURUSD 1.1800 (1.1695)
GBPUSD 1.3050 (1.3012)
EURGBP 0.9042 (0.9001)
USDJPY 104.22 (104.66)
THIS Week 1.1771-1.1603 (168 pips)
thu: 1.1809-1.1711 (98)
wed: 1.1771-1.1603 (168)
tue: 1.1740-1.1636 (104)
mon: 1.1656-1.1623 (23)
fri 1.1705-1.1640 (65)
20-d avg: 1.1765
50-day avg: 1.1778
100-day avg: 1.1676
200-day avg: 1.1333
Global-View Daily Trading Chart Points
PAR 10:26 GMT November 5, 2020
Corona victims
Coronavirus updates: U.S. shatters records with more than 100,000 new coronavirus cases in a single day
Months ago, the notion of the United States recording more than 100,000 coronavirus infections in a single day seemed inconceivable. But surging caseloads in nearly every state pushed the tally to a record 104,004 new infections on Wednesday � and it wasn�t even the biggest news story.
As Americans anxiously waited to find out who the next president will be, 18 states � including Kansas, Tennessee, Virginia, Oklahoma, Montana, Iowa, North Dakota, South Dakota, Ohio, Nebraska, Minnesota, Indiana, Wisconsin and West Virginia � reported record numbers of patients hospitalized with covid-19. More than 1,110 fatalities were reported, pushing the total number of deaths reported since February past 233,000, according to data tracked by The Washington Post.
AT Trader john 10:25 GMT November 5, 2020
Thursday Amazing Trader 5 November 2020
AA: Major, A: High, B: Medium
Thu 5 Mov 2020
AA 12:00 GB- BOE Decision
A 13:30 US- Weekly Jobless
A 13:30 US- Productivity
AA 19:00 US- Fed Decision
Fri 5 Nov 2020
A 13:30 US/CA- Employment
hk ab 10:21 GMT November 5, 2020
Yuan
Reply
stop 6.5965.
hk ab 10:14 GMT November 5, 2020
yuan
Reply
have sold too much above 7, now time to exit.
hk ab 10:12 GMT November 5, 2020
usd/yuan
Reply
long 6.62 first shot
Mtl JP 09:41 GMT November 5, 2020
GBP
tks red.
lets see what jerome "expires 05 Feb 2022" powell conjurs
haifa ac 09:40 GMT November 5, 2020
Corona victims
Reply
Israel just passed the number of Yom Kippur war dead. 2638.
Nobody cares. Deniers galore. All the corona victims are nameless, shadows, insignificant corpses. Damned be TRUMP!
london red 09:29 GMT November 5, 2020
GBP
JP, was leaked by the sun yest. as for negative rates, they will not go before the fed. the boe follows not leads.
Mtl JP 09:14 GMT November 5, 2020
GBP
did anyone notice ?
Bank of England extends QE program by �150 billion
PAR 09:08 GMT November 5, 2020
ITALIA
Reply
NMT
Italian yields hit all-time low as Northern Italy goes into lockdown.
New monetary theory or central bank market manipulation?
kl shawn 08:59 GMT November 5, 2020
Gold
cheers all
Kl Shawn 03:01 GMT November 4, 2020
Gold: Reply
Buy 1893
Kl Shawn 01:40 GMT November 4, 2020
Gold: Reply
Ab, you wanna bet 1920 first to be taken?
PAR 08:56 GMT November 5, 2020
Morning comments
Reply
Paul Donovan
While neither candidate can authoritatively declare victory, markets appear to expect former US Vice President Biden to become US president-elect, with a Republican Senate and a Democrat House. If this scenario unfolds, the election produces four issues for markets.
There is uncertainty over what policies US President Trump may pursue before the inauguration. Trade policy falls under commander in chief powers and is an obvious focus. Economic policy questions focus on fiscal policy (with US Senate leader McConnell pledging action), and regulatory policy in the face of a divided Congress.
In the long term, the political polarisation of the US raises questions over how to achieve a sustainable fiscal position (the fiscal deficit was unsustainable before the pandemic). The risk of rising prejudice, which would be especially corrosive to US competitiveness, is also a fear.
Finally, the errors of opinion polls again raise questions about the use of survey-based evidence�which impacts economic data as well as politics.
The Bank of England left rates unchanged (a tax on savers via negative rates is not ideal), but expanded quantitative policy. With the UK experiencing additional restrictions, liquidity demand can be presumed to be rising. Italy is introducing regional restrictions (as elsewhere, less severe than earlier this year).
Minneapolis DRS2 07:24 GMT November 5, 2020
Sell USD (if Harris wins)
Setting aside the political issues for a moment, the big issue from a trading perspective is that the USD needs a strong, unified and trustworthy USA to retain its support.
Right now the USA is weak in all three elements. It arguably has the most effective military (although there are many detractors), it is obviously not unified at the moment, and the major social structures of the country (government, religion, business, the press, schools) have shown themselves to be both craven and untrustworthy.
A Harris/Biden administration will not change this trajectory.
haifa ac 07:18 GMT November 5, 2020
The legened of pollsters
Reply
Nostradamus and the oracle of Delphi may have a sigh of relief. They were not much worse than today's pollsters
"...polling problems are not just on the ballot test. It appears to saturate the entire set of polling questions."
"....the problems in polling � particularly polling about Trump � look to be more severe than underestimating his support by a few points."
"...Pollsters may well be having a problem getting honest answers across the board."
"he bottom line for this election, no matter who ends up president, is that the polling industry has generally done a terrible job. And it�s not just the ballot test, the polls appear to be saturated with problems."
rather devastating article. Pollsters suck.
https://thehill.com/opinion/campaign/524421-too-close-to-call-polling-at-all-levels-takes-a-beating
haifa ac 07:02 GMT November 5, 2020
Sell USD (if Harris wins)
Big difference.
2020 shows a much more bifurcated nation. Trump was a divisive president. It is becoming a country of whites and minorities. If this is beginning of a strong trend-- the end of the USA is not so far. Freeman Dyson (RIP) said in his 4 heretic thoughts lecture that US has about 70 years left as an Empire.
https://www.youtube.com/watch?v=8xFLjUt2leM
PAR 06:24 GMT November 5, 2020
USA
Reply
Record Covid cases, political chaos and civil unrest.
PAR 05:48 GMT November 5, 2020
Central Banks QA
Reply
PPT supporting markets.
Powell prefers Biden over Trump?
haifa ac 05:46 GMT November 5, 2020
248-216
Candidate
Odds
Percent Chance
Donald Trump
+900
10%
Joe Biden
-909
90%
Odds as of 11:30 p.m. ET on Wednesday and via European sportsbook Betfair. Note that the implied probabilities do not include the vig the book charges.
FW CS 04:10 GMT November 5, 2020
USD
Reply
USD looking like its ready to tank. Any other country that has a hung election that currency would be tanking but not USD. Not yet at least. maybe market sniffing something big from Fed?
dc CB 02:23 GMT November 5, 2020
Sell USD (if Harris wins)
2000 'hanging chads'
2020 'absentee mail-in ballots'
As Roseann Roseannada used to say 'it's always something'.
dc CB 02:11 GMT November 5, 2020
Sell USD (if Harris wins)
Today's laugh out-loud WARNING
U.S. elections
Results may not be final. See the latest on Google.
Syd jk 02:00 GMT November 5, 2020
Sell USD (if Harris wins)
Trump buying some time with these lawsuits to organise an exit strategy, to include immunity from persecution while in public office. He will get that but the NY AG has other ideas as Trump the private citizen, regarding , tax evasion on state and federal taxes.
A history repeats itself, Donny got away with criminal wrongdoings but tax evasion is what will get him...just like Al Capone.....ironic...
dc CB 00:15 GMT November 5, 2020
Vote
MM.........
happy potting
Oregon Becomes First State To Decriminalize Cocaine, Heroin, & Meth; Legalizes Shrooms
Under the new measure, possession of less than 1 gram of heroin or meth, 2 grams of cocaine, 12 grams of psilocybin, 40 doses of LSD, oxycodone or methadone and 1 gram of MDMA is decriminalized.
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