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Forex Forum Archive for 12/09/2020

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dc CB 23:42 GMT December 9, 2020
vaccine

New Yorkers will no longer have to decide if they will receive a COVID-19 vaccine if a bill calling for a mandatory vaccine gets approved.
New York State Assemblywoman Linda Rosenthal, a Democrat who represents New York’s 67th Assembly District, quietly introduced a bill on Dec. 4 that would require “COVID-19 vaccine to be administered in accordance with the department of health’s COVID-19 vaccination administration program and mandates vaccination in certain situations.”

Every New Yorker, except those medically exempt, are required to receive the vaccine if the state’s vaccination efforts do not achieve “sufficient immunity from COVID-19.”

Rosenthal told WGRZ-TV the bill was “a protective health measure” that would “ensure that our residents are safe and protected against further spread.”

Barbara Loe Fisher, cofounder and president of the National Vaccine Information Center, described the legislation as inappropriate.

“It is inappropriate for public health officials and state legislators to be introducing legislation that mandates use of an experimental vaccine being considered for release under an Emergency Use Authorization (EUA),” Fisher told The Epoch Times in an email.

“Until a COVID-19 vaccine is formally licensed by the FDA and recommended for use by certain populations by the CDC, it remains an experimental vaccine,” she said. “This kind of bill sends the wrong message to the public.”

If the New York mandatory COVID-19 vaccine bill is approved, the bill will take effect immediately.
“Informed consent to medical risk-taking is a human right. Legislators should not forget that when proposing bills that use coercion and apply sanctions to force citizens to use vaccines without their voluntary consent,” Fisher said.
_______________
According to a press release from the UK government, individuals experiencing severe adverse reactions that cause them to be “severely disabled as a result of taking a COVID-19 vaccine” are able to “access financial assistance through the Vaccine Damage Payments Scheme (VDPS).”

Vaccine-injured claimants are entitled to a one-time payment of 120,000 pounds ($161,676) under the scheme if they are able to prove they were injured as a result of being vaccinated.

https://www.zerohedge.com/political/new-york-state-assembly-introduces-bill-mandating-covid-19-vaccine


london red 23:00 GMT December 9, 2020
eurusd

that will give them something to think about. a weekend deadline with no closing positions. you watch sterling take a nosedive friday afternoon/evening. they will let barnier and frost talk til end of week and boom, no deal announced on saturday and boris speaks to uk public on sunday to announce it.

FW CS 22:29 GMT December 9, 2020
eurusd

This will drag into December 26 in which case they will hold emergency sessions to ratify

dc CB 22:28 GMT December 9, 2020
US election to SCOTUS

Mayor Pete to take on China?

Sources told Axios that the one-time Biden rival for the Democratic nomination....
President-elect Joe Biden is said to be mulling an appointment to one of America's most crucial diplomatic posts, US Ambassador to China.
The 38-year old former mayor of South Bend, Indiana.....
"Letting him deepen his foreign policy chops could boost Buttigieg's future, since many inside the Democratic Party believe his return as a presidential candidate is a matter of when, not if," Axios writes
(ZH)

Tallinn viies 22:28 GMT December 9, 2020
eurusd
Reply   
Senior UK source says very large gaps remain and it is still unclear if gaps can be bridged, while PM Johnson and EU's von der Leyen agreed that a firm decision should be taken about future of talks by Sunday

Tallinn viies 22:27 GMT December 9, 2020
eurusd
Reply   
UK, EU leaders agree to Sunday deadline for Brexit talks

Tallinn viies 22:19 GMT December 9, 2020
eurusd
Reply   
Dinner between UK PM Johnson and European Commission President von der Leyen has finished after 3 hours and PM Johnson has left

dc CB 22:06 GMT December 9, 2020
US election to SCOTUS

Update (1555ET): A total of seventeen US states filed a brief at the US Supreme Court on Wednesday in support of Texas's bid to overturn the election results.

dc CB 21:44 GMT December 9, 2020
Directional Risk

a totally cynical reaction to these two events.

Thank you very much for helping us get rid of OrangeManBad and getting our crew back in the drivers seat.
If you think that we are going to take the chance that you will perhaps decide to use your newfoundpower against us .... fu-gedda-bout-it.

Because this election--below the Top-O-the Ticket, was really a squeaker, no matter what we spew in our propaganda, and in about 10 months the next cycle - MidTerm Elections begins.

So we need some heads on a pike....
You R Toast.

dc CB 21:33 GMT December 9, 2020
Directional Risk

re:Google/YouTube

Bloomberg notes, YouTube suspended news network OAN and completely demonetized their channel on November 24 over an 'unlisted' video on their channel which was not not able to be viewed publicly. They were prevented from posting new content for one week as well.

The same day, Democratic Senators asked YouTube to remove 'election misinformation.'

The company says it's terminated over 8,000 channels and 'thousands of misleading elections-related videos' for violating preexisting policies. Over 77% of those were automatically removed before they had 100 views.

dc CB 21:30 GMT December 9, 2020
Directional Risk

re: red 19:45

48 States, FTC Unveil Anti-Trust Push To Break Up Facebook

https://www.zerohedge.com/markets/states-ftc-unveil-anti-trust-push-break-facebook

dc CB 21:01 GMT December 9, 2020
Directional Risk

Google/YouTube next?
Doubt it.
Having been raised a Catholic...YouTube's rules remind me of the Catechism from grade school...taught by nuns, in full habits.
_______________________________
Tim Pool
@Timcast
·
Dec 9, 2020
Youtube has clarified to me
You can still say Trump *actually* won the election
You can still claim that the election was stolen from Trump
You must meet 2 conditions for a video to be remove
You must claim *widespread fraud or error*
AND
Say It made Trump lose
You can still say there is evidence of widespread fraud
You can still say Trump actually won
You cannot combine the two

What strange times we live in
1:04 PM · Dec 9, 2020

YouTube To Delete Content That 'Undermines' 2020 US Election Results

london red 19:45 GMT December 9, 2020
Directional Risk

FTC goes nuclear against facebook. may force to sell whatsapp instagram. only down 3%.

dc CB 19:30 GMT December 9, 2020
vaccine

The U.K.’s medicines regulator has warned England’s health service not to give the Pfizer/BioNTech COVID-19 vaccine to people with a “significant” history of allergic reactions, after two people who received it on Tuesday developed reactions.

Time: U.K. Regulator Says People With Severe Allergies Should Not Receive Pfizer's COVID-19 Vaccine

london red 19:12 GMT December 9, 2020
Directional Risk

massive covid stimulus profits to be taken. everyone wondered when. now you know. that old chestnut 11500-600 a good zone to buy if seen but it may scupper out sooner not far below 12000.

lakewood jjlkwd 18:59 GMT December 9, 2020
gold
Reply   
1814.10 next level for elevator

Mtl JP 18:58 GMT December 9, 2020
Directional Risk

Directional Risk
-
Dow's losses deepen, Nasdaq Composite on track for worst day in 6 weeks as COVID fiscal talks come into focus
- MarketWatch

PAR 18:55 GMT December 9, 2020
ECB Meeting

I guess it will cost a lot of money or favors done to get on that list. What is corruption and what not?

What is inside info and what not?

haifa ac 18:50 GMT December 9, 2020
Tesla, Trading at $650, Gets $90 Price Target From JPMorgan
Reply   

JPMorgan analyst Ryan Brinkman has told clients not to increase their holdings in Tesla to approximate its weight in the S&P 500 ahead of its inclusion to the benchmark on December 21.

Martin Baccardax
Updated:
Dec 9, 2020 1:38 PM EST

https://www.thestreet.com/investing/tesla-trading-at-650-gets-90-price-target-from-jp-morgan

99-99 reminds me:

Maxwell Smart: “Don’t tell me that bucket of water is about to fall on my head…”

Secret Agent 99: “Max…(SPLASH!!)”

Maxwell Smart: “I TOLD YOU NOT TO TELL ME THAT!”

FW CS 18:13 GMT December 9, 2020
eur/$
Reply   
Weekly Euro divergence forming. Not confirmed but needs to tun up soon to not have this divergence

lakewood jjlkwd 17:54 GMT December 9, 2020
vaccine
Reply   
Russia Warns Citizens Not To Drink Alcohol For Six Weeks After COVID-19 Vaccine
zero hedge

that will go over well......lol

Toronto Abb 17:46 GMT December 9, 2020
eurusd
Reply   
focus on buy eurchf for medium here 1.075and below ....

NY JM 17:34 GMT December 9, 2020
BREXIT

A focus for the B/U meeting today is whether there is a joint press statement afterwrads. It will give a clue whether there is any sort of progress or not.

Mtl JP 17:32 GMT December 9, 2020
Bank of Canada
Reply   
earlier this morning
-
"Bank of Canada keeps rate steady at 0.25%, maintains pledge of it staying low until 2023"

Mtl JP 17:01 GMT December 9, 2020
ECB Meeting

PAR 16:47 without any adequate supervision
I hope you do not feel inadequate

The really good thing however would be to get on ECB's list of preferential prioty names to call before a decision comes down

PAR 16:47 GMT December 9, 2020
ECB Meeting
Reply   
Most important is not the ECB press conference but the Philip Lane telephone calls.

Who he calls and when he calls them. Before, during or after the meeting.

Still think for ECB transparency the transcripts of his previous secret calls should be made public.

Don't forget the ECB is a $ 7 trillion hedge fund gambling with public money without any adequate supervision.

Israel MacroMicro 16:36 GMT December 9, 2020
BREXIT

red's posts! the rest is noise

FW CS 16:35 GMT December 9, 2020
Eur
Reply   
Eur downside potential 1.2055, 1.2011, then 1.1945-1.1960. A retest of the break out level looks reasonable here when it took out the August 31 high.

London Trader 16:12 GMT December 9, 2020
BREXIT

Somone finally woke up, looked at the gbp, read the news and red's posts and said wtf

Tallinn viies 16:10 GMT December 9, 2020
eurusd
Reply   
bought euros at 1,2075.
target 1,2100

USA ZEUS 16:01 GMT December 9, 2020
EUR/USD

USA ZEUS 14:21 GMT December 3, 2020
Short EUR/USD at 1.2165 for 1.2012 or lower.
______________________________________________

Still on track. Slow but sure.
Cheers!

Mtl JP 15:54 GMT December 9, 2020
Directional Risk

red 15:38 lol I like the way you think

PAR 15:48 GMT December 9, 2020
BREXIT
Reply   
Brexit: Johnson claims Brussels wants power to 'punish' UK if it does not implement future EU laws – live

Prime minister tells Commons conditions for trade deal are unacceptable before later heading to Brussels for last-ditch talks

Boris Johnson: no PM could accept trade terms offered by EU

london red 15:46 GMT December 9, 2020
Forex Trading 101

for euro my focus would be on 12030/12000 if plotting a long possie over next 24 hrs.

GVI Forex 15:44 GMT December 9, 2020
Forex Trading 101
Reply   
As posted on the AT Forum

Forex Trading 101

GVI Forex 15:28 GMT 12/09/2020 - My Profile
EURUSD trading today:

The side most at risk is the one where there are stops to be run (1.2095).

Held 15 min support at 1.2084 tested, the key level is at 1.2078 across multiple time frames

All shown on AT

The Amazing Trader

london red 15:38 GMT December 9, 2020
Directional Risk

PAR, maybe no dining. ursula is single and boris known to be a ladies man...

PAR 15:33 GMT December 9, 2020
US Treasury Auctions
Reply   
Come and see. Today we sell $ 38B. 10-year paper.

Guess paper is the right word?

hk ab 15:18 GMT December 9, 2020
gbp
Reply   
someone sends the Queen back to the moon.......

1.5-1.6 not a dream :)

PAR 15:15 GMT December 9, 2020
Directional Risk

Dining with four people is strictly forbidden and sanctioned by huge fines.

Belgian police already invaded a few Jewish birthday parties.

Basically, Ursula's lockdown dinner is completely but really completely illegal in Belgium.

They all will be arrested.


london red 15:10 GMT December 9, 2020
Directional Risk

brexit looking like can kicked out til weekend. makes sense as any big move easier to process monday morning. tonights meeting likely to result in last round of talks which will run until friday/saturday at which point it will be no deal. this is of course unless either side walks away tonight. boris has said he can let it drag on longer than the eu so he should be willing. while the eu is deseprate to do a deal within the time they have (to ratify) and weekend marks last real date.

hk ab 15:04 GMT December 9, 2020
Gold
Reply   
Gold elevator? Wfake 1797?after a week?

So many miracles.....

london red 14:20 GMT December 9, 2020
Directional Risk

boris not sounding very compromising in parliament earlier. looks like hes ready to pull out.

lakewood jjlkwd 14:17 GMT December 9, 2020
Directional Risk

if only to be a fly on the wall at the dinner...

london red 13:53 GMT December 9, 2020
Directional Risk

looks like ursula going for a foursome. barnier and frost will be at meeting this evening too.

Belgrade Knez 13:48 GMT December 9, 2020
Directional Risk

Jkt Abel 13:21 GMT December 9, 2020

Jkt Abel,
I don't understand why would you suffer 100+ pips DD when you can make money both ways?

Jkt Abel 13:21 GMT December 9, 2020
Directional Risk

Euro is a buy here around 121 or slight below figure. So long as held above 12050 then chance is that 125 will be seen, stop below 120 will do

GVI Forex 12:40 GMT December 9, 2020
Directional Risk

Red, we are on the same page. This is not a time for big bets. They have already been made on the Brexit outcome.

It was a warning not to guess at tops or bottoms (i.e. without a reason to do so) and an opportunity to point out our program will indicate what side is more vulnerable (i.e. directional risk) at any point in time, reflecting where the imbalance is and what side flosw are going through in the market.

london red 12:08 GMT December 9, 2020
Directional Risk

Jay, with highest respect, this is no time to be making any bigs bets that will be bottom line changing in a big way. that time has been and gone where hedges should have been made. now its just pure speculation unless you know the result, which nobody does. i would urge to stay away unless trading v small as if a headline drops opposite to your position, your stop will be done.
johnson on the wires, we will get our money back after jan 1st. doesnt sound like a fold yet to me.

GVI Forex Jay Meisler 11:57 GMT December 9, 2020
Directional Risk
Reply   
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Imagine taking the guesswork out of trading? No program does it better than our Amazing Trader.

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Tallinn viies 11:51 GMT December 9, 2020
eurusd
Reply   
london red 11:48 GMT - exactly my point.
option guys do not believe solution comes before NYC 10 am tommorow.
so most likely Ldx close today again back up to 0,9080 on eurgbp.

Tallinn viies 11:49 GMT December 9, 2020
eurusd
Reply   
plan to buy euro near 200 hour sma apprx 1,2075 area.
target previous week high.

london red 11:48 GMT December 9, 2020
eurusd

you dont sell naked options if you like to live.
if see parity or 88 touched as long as they decide tonight. so it suggests by the 100 pip premium no decision made tonight.

EU Pat 11:46 GMT December 9, 2020
eurusd

Anyone trading this pair?

Tallinn viies 11:43 GMT December 9, 2020
eurusd
Reply   
you must sell it then if you think eurgbp moves less.

london red 11:41 GMT December 9, 2020
eurusd

thats a lrg premium, a straddle is usually 30/35 pips.

Tallinn viies 11:33 GMT December 9, 2020
eurusd
Reply   
srry until 10:00 NYC tommrow not +24 hours

Tallinn viies 11:30 GMT December 9, 2020
eurusd
Reply   
price action on eurgbp options doesnt show any worry at all.
overnight straddle costs 95 pips. so basically 100 pips up or down from spot should cover all possible outcomes from now + 24 hours.

London Trader 11:29 GMT December 9, 2020
BREXIT

or it could be short covering to protect against a Boris cave.

london red 11:29 GMT December 9, 2020
BREXIT

stae aid and governance. fishing has been plastered across the media but its not a big deal for the uk. it does however hold a bit more sway for the french the belgians and the dutch, but nothing groundbreaking in terms of gdp. more political. the first two issues are the big ones. what the eu is essentially proposing its that the uk must stick to present and future regs on state aid and governance. its like being in the eu without the benefits. id be surprised if boris agrees. and there is no chance the eu can compromise either.

Belgrade Knez 11:25 GMT December 9, 2020
BREXIT

red

what is the biggest problem in EU-UK deal, please?

thank you

London Trader 11:24 GMT December 9, 2020
BREXIT

Price action in gbp looks like a bet Boris will cave.

london red 11:00 GMT December 9, 2020
BREXIT

absolutely. boris will be crucified either way as there are opposing sides, those that wanted eu membership and those that didnt. but eu cannot possibly compromise so it means the uk must take a bad deal for this to work. if uk wants to make its own rules then it will walk away.

London Trader 10:48 GMT December 9, 2020
BREXIT

red are you saying gbp rise is a setup for disappointment? We will know tonight.

london red 10:40 GMT December 9, 2020
BREXIT

look back to when cameron went to the eu to ask for something, anything, to avoid a referendum. he got nothing. as irish for minister has just said, failure in talks is a distinct possibility, dont get your hopes up.

london red 10:38 GMT December 9, 2020
BREXIT

important to remember one thing. the eu will never in a millions years compromise on its 4 pillars. you can be sure of that. for a bare bones deal to happen the uk must give up hope of sovereignty. it must align its standard now and forver to that of the eu. for state aid and governance. if it moves from those standards it will be hit by tariffs.
sounds fun? exactly. dont expect boris to go for this. he sees himself as churchill not chamberlain.

PAR 10:19 GMT December 9, 2020
US STOCKS
Reply   
I guess high openings in New York normally will be sold by algos. We'll see.

PAR 10:18 GMT December 9, 2020
US STOCKS
Reply   
I guess high openings in New York normally will be sold by algos. We'll see.

Israel MacroMicro 09:49 GMT December 9, 2020
BREXIT

GBP/JPY @ 140.10 - closed the whole position

sensing wild price action ahead

Jkt Abel 08:36 GMT December 9, 2020
BREXIT

Told you, there will be a deal! Cable 1.32-1.38 play long

Tallinn viies 08:30 GMT December 9, 2020
eurusd
Reply   
UK Cabinet Minister Gove says there can be scope for a compromise on fisheries, in Brexit discussions

Tallinn viies 08:29 GMT December 9, 2020
eurusd
Reply   
Irish PM says the level playing field is probably where the real difficulty in negotiations is, believes the UK PM is probably willing to make concessions

Israel MacroMicro 08:14 GMT December 9, 2020
BREXIT

ironically the author of the article has COST as sir name

Mtl JP 08:03 GMT December 9, 2020
BREXIT

PAR oppression by government is worse in

Nevada

PAR 07:42 GMT December 9, 2020
BREXIT
Reply   
Belgium is in partial lockdown.

All bars and restaurants are closed and you can only invite ONE person for a Christmas diner.

It is severely not recommended to travel.

In this context, it is unimaginable that Boris Johnson is invited to TRAVEL to Brussels to have DINER with Ursula Von Der Leyen.

That's exactly the way the Coronavirus is spreading.

PAR 07:34 GMT December 9, 2020
SEVENFOLD RISK ON
Reply   
1 Hope Corona crisis ending by vaccines

2 Worldwide stimulus packages

3 Central banks printing money at supersonic speed

4 Brexit deal as Ursula falls for Boris charm

5 Hunagar and Poland agree to European law on condition other European countries do the same.

6 Wall Street analysts keep updating every stock.

7 Better than expected economic numbers all over the world, especially in China.

dc CB 03:36 GMT December 9, 2020
Currency collectors
Reply   
US 1s, 5s, 10s, 20s, 50s, 100s - Series 2017 to 2020.
with the 2021s IF will be the rarest.

Treas Secy sig. Munchkin --- signs, actually he prints.
Steven T. Mnuchin. don't know what font is similar.

Then, if it comes to pass, the Janet Yellen 2021 series will be choice. FedHead and Treas Secy.

Prefer uncirculated.
A pair of 100s, 2021 Munchkin with a 2021 Yellen
will be worth something, someday.

FW CS 03:03 GMT December 9, 2020
eur ignoring brexit and ECB?
Reply   
Is there a possibility eur ignores brexit and ECB easing this week? Should be down more than this.

dc CB 02:18 GMT December 9, 2020
this is good one...

Trump moved outa NYC first. LMAO..
__________________

(Bloomberg) -- Goldman Sachs Group Inc. and Elliott Management Corp. are breathing new life into the decades-old idea of converting the Miami-to-West Palm Beach corridor into a southern hub for finance and investing, a notion that would have monumental implications for the area’s development.

Goldman Sparks Florida’s Effort to Become Wall Street South

dc CB 02:04 GMT December 9, 2020
stimulus

Update (2020ET): Pelosi and Schumer did accept that McConnell signing off on Mnuchin's deal was "progress," they said the proposal's unemployment insurance position is “unacceptable.”

Proposal “must not be allowed to obstruct the bipartisan Congressional talks that are underway.”

“The President’s proposal starts by cutting the unemployment insurance proposal being discussed by bipartisan Members of the House and Senate from $180 billion to $40 billion. That is unacceptable.”

Jkt Abel 01:50 GMT December 9, 2020
Brexit Update: Deal vs. No Deal

How many more expensive dinners and lunches to make a stupid decision? censored it, just get it done straight without wasting anymore of taxpayers money. These blood sucking animals......i am speechless.

Mtl JP 00:01 GMT December 9, 2020
Brexit Update: Deal vs. No Deal

Jay 22:57 ... a "dinner in Brussels on Wednesday to try and close gaps their negotiators have struggled with for months." .../..

for my financial well-being I hope they gag on that dinner and throw up a no-brexit
yes, I am biased

 




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