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Forex Forum Archive for 12/22/2020

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Minneapolis DRS2 23:27 GMT December 22, 2020
mkt

red 20:59 Tim Cook's specialty is supply chain management...it's how he rose to the top at Apple. He can talk BS, but with his background in SCM he can also recognize it.

The bottom line is that Tesla can't deliver, and Cook knows it.

Mtl JP 22:08 GMT December 22, 2020
stimulus

... "McDonald's China's website described the taste of the Oreo and Spam burger as "tender and juicy," "full of meatiness" and with "a hint of sweet aftertaste" that amounts to "an unimaginable double surprise."

"Luncheon meat is a trending food among youngsters nowadays," Abbie Xie, communications manager of McDonald's in China, told CNN Travel. "It has a very strong meaty and satisfying texture." .../..

purchase the burger for RMB13.14 (US$2)

lakewood jjlkwd 21:13 GMT December 22, 2020
stimulus
Reply   
any idea when the chex are being mailed ? hearing not until next year late january.... lots of good that will do for the current state of affairs..so much crap in those 5593 pages with tons of the money going for every liberal whim...new cars for agricultural agency ? new museums ? thats what they fought back and forth about ? criminal when people are going through tough times

london red 21:01 GMT December 22, 2020
mkt

"to discuss the possibility of apple acquiring tesla"

acquiring what? his bs mouth and some tents

london red 20:59 GMT December 22, 2020
mkt

snakeoil salesman on twitter crying about getting blown off by cook some time back. are you surprised? cook already knows how to talk bs, he needs someone to actually build the cars, something tesla struggles to do. with apple there will be no bottlenecks, no parts shortages, it will be simply rolled out. unless tesla starts doing the same it will be done.

Israel MacroMicro 20:26 GMT December 22, 2020
mkt

okay JP

trying 1.2154 LONG

Israel MacroMicro 19:14 GMT December 22, 2020
gold

just bottomed right now
imo

Israel MacroMicro 19:12 GMT December 22, 2020
gold

it is a long, $20 higher than current almost certain within 14hrs
imo

dc CB 19:08 GMT December 22, 2020
this is good one...

MM
I guess you weren't around back then

Sandinista

Israel MacroMicro 19:00 GMT December 22, 2020
this is good one...

credible source?!
as the article goes about near the unbelievable

democracy 2020

lakewood jjlkwd 18:55 GMT December 22, 2020
markets
Reply   
the fx markets runs on stops as we hear Jay say all the time...i think all markets work that way too, but might not be so bold about it.

dc CB 18:54 GMT December 22, 2020
this is good one...



but but the Vaxene
but but THE MUTATION

lakewood jjlkwd 18:54 GMT December 22, 2020
gold
Reply   
all those who bought yesterday between 1859 and 1874, havent shown up yet to buy more as we revisit those same levels....besides the fact that the water level is rising and some are already below the surface....stops likely below.

lakewood jjlkwd 18:49 GMT December 22, 2020
euro
Reply   
anybody else see 1.2058 as a target or am i the lone wolf ?

Israel MacroMicro 18:44 GMT December 22, 2020
AUD/CAD: positional trade
Reply   
current price: 0.9730
trade direction: SHORT
price target: 0.92xx (0.9380 "must" happen)
trade duration: by the end of Q1/2021
probability of success: above 95% per "must" to happen level

it is safe to add on each 51 pips pop above 0.9730 if happens.

gl / gt

dc CB 18:38 GMT December 22, 2020
this is good one...

Project FEAR - BREXIT.
Past two days, Just a sample of how much you will suffer---Brxiteers.


The CDC:Update (1300ET): Canada just followed in the steps of the CDC, as its chief drug regulator warned that it's "too soon" to say wwhether the new mutation will impact Canada in a serious way, following a similar remark earlier in the day.

Now, despite the EU's practically non-stop warnings, anxiety about the new variation is growing intensely.

Update (1145ET): As the world continues to panic about the new COVID mutation discovered in southern England (while others wonder about the 'hard evidence', of which there appears to be none), the CDC has officially weighed in for the first time, with the agency stating that there's "no evidence" the variation causes more severe illness, or in any way increases the risk of death.

The variant, which is knownby the name "B.1.1.7." also has yet to be identified by scientists in the US, though former FDA chief Scott Gottlieb said during an interview earlier that the new strain has almost certainly already made its way here.

Here's the rest of the executive summary:

A new variant strain of SARS-CoV-2 that contains a series of mutations has been described in the United Kingdom (UK) and become highly prevalent in London and southeast England. Based on these mutations, this variant strain has been predicted to potentially be more rapidly transmissible than other circulating strains of SARS-CoV-2. Although a variant may predominate in a geographic area, that fact alone does not mean that the variant is more infectious. Scientists are working to learn more about this variant to better understand how easily it might be transmitted and whether currently authorized vaccines will protect people against it. At this time, there is no evidence that this variant causes more severe illness or increased risk of death. Information regarding the virologic, epidemiologic, and clinical characteristics of the variant are rapidly emerging. CDC, in collaboration with other public health agencies, is monitoring the situation closely. CDC will communicate new information as it becomes available.

The CDC also clarified some basic facts about the mutated variant discovered in South Africa, which has been reported to be the same as the strain found in southern England, was actually formed by a completely separate series of mutations, not migration from the UK to SA.

In other news from a slow pre-holiday Tuesday: Dr. Fauci has just received the Moderna jab. Live on TV.

Zero Hedge

PAR 18:06 GMT December 22, 2020
mkt

If as politician you make the rich richer there is a big probability that you yourself also will become richer.

PAR 18:00 GMT December 22, 2020
mkt

The rich get richer.

Trump or Biden. That's the way it is.

Socialize losses, privatize profits.

Mtl JP 16:52 GMT December 22, 2020
this is good one...

this is good one ...
propaganda that is
-
Watch: Dr. Fauci gets Moderna’s COVID-19 vaccine on camera ‘as a symbol to the rest of the country’ to get vaccinated - MarketWatch
--
but but ... how do I know 100% what exactly is in the vial ?

Mtl JP 16:47 GMT December 22, 2020
mkt

PAR more likely economy is discounting biden and his tax and greening economic policies already

PAR 16:44 GMT December 22, 2020
mkt

Horrible US consumer sentiment figures despite vaccines and a $ trillion of stimulus.

Trump blew it up.

Mtl JP 16:16 GMT December 22, 2020
mkt

U.S. economic growth seems to be slowing as fourth-quarter ends though

Historic increase in U.S. GDP in third quarter revised slightly higher to 33.4% annualized rate
By Greg Robb

Caribbean! Rafe... 16:09 GMT December 22, 2020
mkt

anyhows I'm off, need to feed the puss' lest I forget and get fingers pointed at me for negligence...

see you all in the month of june or july...LOL.

gl gt until then & keep trading...

fwiw... I hope to watch some "bite coin" news over the weekend.

Bangkok KC 16:08 GMT December 22, 2020
Die Hard USDOLLAR
Reply   
Up against all major pairs..

Mtl JP 16:07 GMT December 22, 2020
mkt

decent risk try a long euro against ~1.2150 holding

Hk Ab 16:05 GMT December 22, 2020
Gold
Reply   
Famous bangster effect

Caribbean! Rafe... 16:03 GMT December 22, 2020
mkt

Bear 12291 in mind for euro.

Mtl JP 15:59 GMT December 22, 2020
mkt

DX 90.56
-
straight candle uP on the 5min

Bangkok KC 15:55 GMT December 22, 2020
GOLD bearish

XAU/USD ..now on the way to 1820-1840 area..

PAR 15:53 GMT December 22, 2020
BREXIT
Reply   
After Macron's shut down of the UK borders Barnier to become " persona non grata " in the UK.

Time for Boris to decide Yes or No for a real Brexit.

Belgrade Knez 15:50 GMT December 22, 2020
mkt

Mtl JP 15:46 GMT December 22, 2020
EURO 1.2201
-
returning to ____
make your choice
-----------------------------------------

returning to yesterday low

Mtl JP 15:46 GMT December 22, 2020
mkt

EURO 1.2201
-
returning to ____
make your choice

Minneapolis DRS2 15:45 GMT December 22, 2020
mkt

For the rest of this week, look at 2200 to remain a magnet for EUR/USD. Price is going down slowly due to selling, but the 200h SMA (currently 2185 or so) is still rising and has not been permanently breached.

Without some obvious reason to push price one way or the other, look for the status quo to remain until the wacky time between Christmas and New Years Day.

Mtl JP 15:43 GMT December 22, 2020
Brexit

Boris Johnson

do NOT click link IF u r easily offended

london red 15:25 GMT December 22, 2020
AAPL

there is a gap but only getting there if theres a big correction now. otherwise no. 5g tgt was 140/145. if they are now pricing in talking about selling cars in number (after all tesla does no more than this) then it could be 200. u have to remember the mkt cap is big here. but 200 is doable on a tesla like approach easily.

Belgrade Knez 15:23 GMT December 22, 2020
mkt

Mtl JP 15:16 GMT December 22, 2020
EURO at 1.2202
-
what more do you need to know ?
-------------------------------------------------
break below 1.2200 down to test yesterday low

Caribbean! Rafe... 15:16 GMT December 22, 2020
AAPL

The only support I see for AAPL is at 83, hold the stock because the target is waayyy higher than 145.

Mtl JP 15:16 GMT December 22, 2020
mkt

EURO at 1.2202
-
what more do you need to know ?

PAR 15:12 GMT December 22, 2020
AAPL

In half a day it is no longer a phone company but becomes an EV company?

Mtl JP 15:12 GMT December 22, 2020
AAPL

re "I guess" - skewer on a trade and find out

Israel MacroMicro 15:06 GMT December 22, 2020
AAPL

it is logic that AAPL moves into rubber (tires) business with their CEO

PAR 15:01 GMT December 22, 2020
AAPL

Long AAPL @ 133.00 .

TARGET $ 2.000.

PAR 14:56 GMT December 22, 2020
AAPL

Will AAPL stock start to behave like TSLA stock?

I guess that's what they want?

Israel MacroMicro 14:55 GMT December 22, 2020
AAPL

JAILBREAK the name of their first auto model

Caribbean! Rafe... 14:55 GMT December 22, 2020
Charts.

Dollar Index (Spot), target 83, but we have to breach 86 first.

Caribbean! Rafe... 14:52 GMT December 22, 2020
Charts.

USD/CAD being held up by long term model support at 12865. once that goes then we can look for a drop to 112 and possibly much lower

PAR 14:49 GMT December 22, 2020
2020 - The year of the ZOMBIES
Reply   
Central banks created soo much debt with ultra-low or even negative rates that so many companies loaded up on debt with no idea how to repay that debt. Come and see next years.

Caribbean! Rafe... 14:49 GMT December 22, 2020
Charts.

USDCAD:- it is tackling long term model support 12865.

london red 14:48 GMT December 22, 2020
AAPL

its huge news. its massive for apple and the market. there will be new leadership in this sector. and youve got 5g cycle for free. i will be adjusting my 140/145 tgt

Caribbean! Rafe... 14:40 GMT December 22, 2020
Charts.

EURUSD:- BOD to 11975 and 11855, no target set as yet.

PAR 14:40 GMT December 22, 2020
AAPL
Reply   
Closes stores now because of Covid but will come up with an electric car in 2024 or 2025.

it's all about communication.

Mtl JP 14:27 GMT December 22, 2020
mkt

usdcad now at s/t S 1.2885
(previous R)

Mtl JP 14:18 GMT December 22, 2020
Charts.



.

lakewood jjlkwd 14:14 GMT December 22, 2020
Charts.

look on top banner on this site next to tools ^

Caribbean! Rafe... 14:12 GMT December 22, 2020
Charts.
Reply   
Someone please post charts for the important pairs. I got no access.

Mtl JP 14:04 GMT December 22, 2020
mkt

EURO 1.2235ish
-
I am currently ambivalent bias-wise as long as inside 1.2250-1.2200

1.22 needs to hold else 1.2150 opens up.
N of 1.2250 will need to buldoze thru 1.2275 for a more agressive rally

Mtl JP 13:56 GMT December 22, 2020
mkt

DX 90.11
-
slight bid; dragging uP usdcad to R at 1.2885-ish

Caribbean! Rafe... 13:23 GMT December 22, 2020
Brexit

Caribbean! Rafe... 10:45 GMT 12/22/2020

No use fighting over fish... Conservation efforts and a moratorium on fishing would be wonderful for both the EU and UK economies. If many other countries follow the same principle then we can consider it even more wonderful, not only for the EU and UK economies but in addition to their own and neighbouring economies too. On a wider and grander scale, much better for the world economy as a whole too. It is the need of the hour if we can call it that.

Bangkok KC 13:00 GMT December 22, 2020
GOLD bearish
Reply   
Short now @ 1873 target 1840 and 1825

PAR 12:34 GMT December 22, 2020
Trump
Reply   
Strange architectural taste. Greek, Roman

Where have we also seen that in history again?

Strange taste. Why didn't he go for beautiful modern Mexican architecture?

Caribbean! Rafe... 11:53 GMT December 22, 2020
Brexit

mm// I am sitting on 2 dozen odd+ multibaggers...fwiw... so don't worry about me.

Israel MacroMicro 11:49 GMT December 22, 2020
Brexit

rafe - libel? huh?

good luck with your trades. hopefully you understand those better than you understand people.

Caribbean! Rafe... 11:45 GMT December 22, 2020
Brexit

see the beautiful ladies talking on it... wolf whistle!!

Caribbean! Rafe... 11:41 GMT December 22, 2020
Brexit

micromacro// then do not libel them.

Israel MacroMicro 11:38 GMT December 22, 2020
Brexit

rafe - to be honest, I am paying to Bloomberg high amount of money not to get the "truth" but more the sentiment that generates more profits.

unfortunately, the reality is not fact based but more on better promoted narrative. this is how I see Media-2020.

Caribbean! Rafe... 11:34 GMT December 22, 2020
Brexit

Micromacro// you got a more credible source than bloomberg?

Israel MacroMicro 11:25 GMT December 22, 2020
Brexit

Caribbean! Rafe... 11:20 GMT December 22, 2020

hilarious - lol

credible source at present days, hilarious!

Caribbean! Rafe... 11:20 GMT December 22, 2020
Brexit

Credible Source...

Credible Bloomberg Global Financial News

Israel MacroMicro 11:16 GMT December 22, 2020
Brexit

if Brexit is not enough, now Germany banned all air traffic and other forms of transportation from UK until January 6th.

Minneapolis DRS2 11:16 GMT December 22, 2020
Brexit

Many years ago in my part of the world, there was a conflict between Native Americans and "the locals" (non-Native Americans) over fishing in one of our many lakes. As I recall the conflict, the locals were restricted by law to hook-and-line fishing only, in the traditional manner.

However, the Native Americans had rights by treaty to use any means at their disposal to catch fish. Imagine the anger of the locals as they watched the Native Americans using spear guns and nets to haul giant catches of fish. The locals were lucky to catch a few with a rod and reel, and the Natives were draining the lake of fish with their spear guns.

The local news reported many fights in that period. I don't know what became of the lake after that.

GVI Forex 11:13 GMT December 22, 2020
Brexit

Bi-polar GBP popped on this

EU reportedly willing to accept up to 25% reduction in UK waters atch, sources say

Newsquawk.com

Caribbean! Rafe... 11:07 GMT December 22, 2020
Brexit

DRS2// besides how did you know of such a** pounding places?.

Caribbean! Rafe... 11:05 GMT December 22, 2020
Brexit

I had poached eggs for tomorrow's breakfast menu... I guess I will now have to remove anything poached from it.

Caribbean! Rafe... 11:03 GMT December 22, 2020
Brexit

GVI Forex 10:54 GMT 12/22/2020

Quoting the most revered...

Mtl JP 13:51 GMT September 9, 2016
BREAKING NEWS:: Reply
what is really beautiful in the sordid world of money whores is the "relative" notion: for one thing to go uP (or DOwn) it has to do so against something else on a relative basis.

This means there is always an opportunity for a trade - a beautiful thing.
Just do not be "patriotic" about some one particular asset.

PAR 11:03 GMT December 22, 2020
Brexit

What's it gonna be Boris. Yes or No.

YES OR NO

Minneapolis DRS2 11:00 GMT December 22, 2020
Brexit

Fishing and hunting rights are the basis of some of the most vicious conflicts in world history. They are taken seriously by every country in every region of the world with significant water bodies.

You know what crime is universally hated by every jurisdiction in the world? A crime that will get you fined at a minimum and quite possibly thrown in a**-pounding prison?

It ain't murder, rape, or drugs...it's POACHING.

I've seen men fight each other over fish. It's not hard to imagine entire countries fighting over them.

GVI Forex 10:54 GMT December 22, 2020
Brexit

I just posted what moved the market and you decide whether it is just more meaningless headlines that gives an excuse for news algos to trade.

Caribbean! Rafe... 10:45 GMT December 22, 2020
Brexit

GVI Forex 10:07:08 GMT - 12/22/2020

A moratorium on fishing is the best temporary option. That should slow them down a bit and let them come back to their senses. Can anyone imagine countries fighting each other over Fish?

No fish - no game... Run Fish RUN!

PAR 10:39 GMT December 22, 2020
TRUMP - BUDGET DEFICIT

Should read $8 trillion in only 4 years.

Israel MacroMicro 10:38 GMT December 22, 2020
AUD NZD MXN
Reply   
this trio versus USD is acting strange currently. signalling a corrective reversal very soon or another trap?

PAR 10:37 GMT December 22, 2020
TRUMP - BUDGET DEFICIT
Reply   
Socializing profits, privatizing profits.

Trump added about $ 8 trillion to the US budget deficit in 8 years.

Most of that money went to his rich corporate friends, peanuts went to the people.

That is really amazing by a person who himself seldom paid any tax at all.

https://www.usdebtclock.org/

Caribbean! Rafe... 10:29 GMT December 22, 2020
Brexit

MA// Please see posts I made as far back as August 2020, but now we are in December 2020.

I'll be back in June/July thereabouts, so until then all here please have a Merry Christmas and Happy New Year!.

With regards to Covid-19 and their mutations etc. I had mentioned October 2020 and Feb 2021. Now they have only until February 2021 to immunize/vaccinate everybody else. June 2021 is the final time to defeat Covid-19, before they unleash soethin else, which means perhaps a catastrophe or another virus.

gl gt.

Caribbean! Rafe... 13:50 GMT August 16, 2020
GBP/[email protected]: Reply
Toronto Abb 01:24 GMT 08/16/2020

Abb// Downtrend for USD/CHF. Look for announcements in the same time frame as EUR/USD.

gl gt

Caribbean! Rafe... 01:09 GMT August 16, 2020
GBP/[email protected]: Reply
GBP/USD :- We can expect sudden geo-political excitement in October for this pair, but December is the month to watch.

Caribbean! Rafe... 00:46 GMT August 16, 2020
EUR/[email protected]: Reply
EUR/USD :- Timing extended and revised from October to December. However, in September, we should get some very vague insights into sudden geo-political announcements, but exactly what they are needs to be seen. I will be updating on my previous forecasts during the upcoming trading weeks, as I have improved upon my methods. All comments welcome.

gl gt
tia.

UK UK 10:28 GMT December 22, 2020
Brexit Game of Chicken
Reply   
It comes from mathematical game theory. ... A game of chicken is any contest with two players where neither one wants to "back down" or let the other win, even though not backing down can be very dangerous. The classic game of chicken takes place when two people drive cars at very high speeds directly towards each other

GVI Forex 10:07 GMT December 22, 2020
Brexit

EU officials note the latest offer from the UK on fisheries is unacceptable, according to reports

Newsquawk.com

(so far this is just market chatter but shows how jittery a thin market can be)

Dubai MA 10:03 GMT December 22, 2020
Brexit
Reply   
Is there news???????

Caribbean! Rafe... 09:56 GMT December 22, 2020
SENSEX @ 46033.36: TGT @ 32900
Reply   
Sensex is a 20:13.

gl gt.

Escape from Tarkov.

Caribbean! Rafe... 09:41 GMT December 22, 2020
Equity / $ flux

SENSEX (Indices): Currently at 46033.36:

First Target @ 32900.00.

gl gt.

PAR 08:04 GMT December 22, 2020
ECB LAGARDE PONZI MAFIA
Reply   
Is Lagarde trying to kill the European banks?

Years of negative interest rates have eroded lenders’ bottom lines. European banks have shrunk their workforce by a fifth since the global financial crisis, jettisoned unprofitable units and exited riskier businesses—to no avail. The global pandemic has heightened their vulnerabilities, driving stock prices to record lows. And the gap between European banks and U.S. rivals such as JPMorgan Chase & Co. and Morgan Stanley has only grown since 2008.

Tallinn viies 07:52 GMT December 22, 2020
eurusd
Reply   
good morning,
eurusd still on upmove toward 1,2300.
two hurdles on the way. first is previous day high 1,2253, which most likely will taken out today and then previous week high at 1,2272.
downside target for me 1,2175-80 where 200 hour sma sits currently. trying to get long there with stops below previous week low. other order go with a break if previous day high taken out.

Bangkok KC 07:41 GMT December 22, 2020
GOLD fall
Reply   
If gold fall below 1850 this week, how far can they go?
1840, 1820 or lower, any ideas?

Central Kwun 06:54 GMT December 22, 2020
Opportunity again
Reply   
Buy Gold
Entry: 1868 Target: Stop: 1848

buy again, SPDE ETF increase again

Central Kwun 02:55 GMT December 22, 2020
Uptrend is resumed, Silver is the key

Buy Crude
Entry: 1865 Target: Stop: 1850

close this one at 1883 first, will buy again if dip

Minneapolis DRS2 02:54 GMT December 22, 2020
Off-Topic: BBC problems
Reply   
Are there any Doctor Who fans here? Maybe DW fans from the UK?

There's been some YouTube gossip about a coming BBC collapse. You always have to take these things with a grain of salt, but it seems to be gaining traction...kinda like the Nerdrotic link at the end of this post. The gossip all falls along the same lines...Doctor Who gets "woke" (politically correct) and goes "broke" (massive loss of viewers), politicians in UK on brink of cancelling TV license requirement, BBC falls (they can't survive without TV license revenue).

Doctor Who and BBC Problems

dc CB 02:34 GMT December 22, 2020
mkt

Santa Came Early -- what's that lump.

Mike Lee
@SenMikeLee
1/4 This is the spending bill under consideration in Congress today. I received it just moments ago, and will likely be asked to vote on it late tonight. It’s 5,593 pages long. I know there are some good things in it. I’m equally confident that there are bad things in it.

*****the bill is so huge that Lee said it will take three hours just to print out. And they’ll still have to vote on the bill tonight. It’s unreal. ZH

 




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