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Forex Forum Archive for 02/08/2020

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Israel MacroMicro 23:06 GMT February 8, 2020
AUD/NZD
Reply   
Buy AUDNZD
Entry: Target: 1.09/1.13 Stop:

multiple swinging positional trading. patience for many moons needed. have a great weekend.

Israel MacroMicro 22:59 GMT February 8, 2020
Afghanistan - an Iranian proxy for the real revenge?
Reply   
Gold
Entry: Target: Stop:

tell that to OrangeHead after he is done with NoImpeachment celebration.

Israel MacroMicro 22:46 GMT February 8, 2020
the EUR compass
Reply   
EURCAD
Entry: Target: Stop:

monthly close under 1.41/1.44 confirms EUR entered the black hole cycle again versus many G10 ccys.

monthly close above 1.49 confirms we are near EU/US recession and European bear market with equities.



two cents out the municipality of Kalkilia

AT Trader 19:54 GMT February 8, 2020
Monday Amazing Trader 10 Feb 2020
Reply   

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

Mon 10 Feb 2020
JP- Holiday
Tue 11 Feb 2020
A 08:30 GB- Output, Trade, GDP
A 15:00 US- Powell House Testimony
Wed 12 Feb 2020
A 10:00 EZ- Industrial Production
B 15:00 US- JOLTS Survey
A 15:00 US- Powell Senate Testimony
A 15:30 US- EIA Crude
Thu 13 Feb 2020
AA 10:00 US- CPI
A 13:30 US- Weekly Jobless
Fri 14 Feb 2020
A 10:00 EZ- GDP
AA 13:30 US- Retail Sales
A 14:15 US- Industrial Production
AA 15:00 US- Prelim Univ of Michigan


PAR 19:19 GMT February 8, 2020
Merkel Germany
Reply   
Merkel saves her coalition by embracing the extreme left and green. More central planning, less free market.
Germany becoming Soviet Union 2.

haifa ac 17:08 GMT February 8, 2020
Ahhhh, those loving and caring deocrats. Bless them all

Democrats, of course.
Any one who does not understand that they are mentally ill--is living on Mars.

Mtl JP 17:05 GMT February 8, 2020
Life in the insane lane

winners and losers
---------------------
NYT's Chris Buckley and Steven Lee Myers
Feb. 8, 2020, 11:08 a.m. ET ask

Where’s Xi? China’s Leader Commands Coronavirus Fight From Safe Heights

Xi Jinping has backed out of the spotlight as the country faces its worst crisis in years, reflecting the political risks he faces if efforts to contain the virus fail.

haifa ac 17:01 GMT February 8, 2020
Ahhhh, those loving and caring deocrats. Bless them all
Reply   
62% of New Hampshire Democrats say they’d prefer human extinction to 2nd Trump term: poll



Sixty-two percent of New Hampshire Democrats said they would prefer to see a large stray shooting star crash into Earth and end all human life than suffer through the reelection of President Trump, according to a UMass-Lowell poll.

Pollsters conducted the online survey of 400 likely primary voters in the final days of January.


https://www.nydailynews.com/news/national/ny-president-trump-loses-poll-to-extinction-human-race-meteor-20200207-t6kg6pmsmjd5dhgnvi3c36uuba-story.html

As the Church lady used to say: "Well, isn't that special?"

haifa ac 16:43 GMT February 8, 2020
Without reforms, Gulf oil wealth could vanish by 2034: IMF
Reply   
Energy-addicted Gulf states must undertake much deeper reforms or risk seeing their wealth drain away in 15 years as global demand for oil slides, the IMF warned Thursday.

As a result, net financial wealth is on track to turn negative by 2034 or even faster, turning the region into a net borrower, the report said.....

https://www.france24.com/en/20200206-without-reforms-gulf-oil-wealth-could-vanish-by-2034-imf-1

Israel MacroMicro 13:43 GMT February 8, 2020
masterpiece: cutting losses strategy BEFORE taking the trade
Reply   
of course, this is not the issue of the article in the link. I share my conclusion of reading deep research from an intelligent person who is not aware that he is simply a stubborn about the market dynamics and avoids the most basic fact, we all wrong from time to time with our timing so better cut a loss when wrong in place of keeping to scream that the market behaviour is insane.

TSLA - another wise and intelligent victim

HK [email protected] 12:43 GMT February 8, 2020
Sorry for a death of a dear man Doctor Li Wenliang, but his action was not proper.
Reply   
.

I am tired of going into details of this case to explain myself, but the act of Doctor Li Wenliang turning to the social media to Whisle Blow was irresponsible as screaming "FIRE" in a movie house full of people.
The tweet of Hu Xijin, likely expresses an attempt to cool the people anger towards the administration.

What can we do these days about people who admire every Whisle Blower, even irresponsible.

Mtl JP 09:31 GMT February 8, 2020
Life in the insane lane

winners and losers
for who does the coronaV bell toll
-------------------------------------
China coronavirus death toll: 719 with 34,000+ confirmed cases worldwide
7 Feb, 2020 22:27 / Updated 10 hours ago


Coronavirus: what Xi fears most is people turning on the party
South China Morning Post - 7 hours ago

From Washington to Wuhan, All Eyes Are on Xi
Wall Street Journal - 9 hours ago

China's Leader Wages a War on Two Fronts—Viral and Political
Wall Street Journal - 9 hours ago

Is Trump Helping China in a Coronavirus Cover Up?
CCN.com 15 hours ago

Trump Praises Xi for Handling of Coronavirus Outbreak as Death Toll Passes 600
National Review 18 hours ago

Trump predicts Xi ‘will be successful’ at stopping coronavirus outbreak
Politico - 19 hours ago

Coronavirus Could Derail Xi Jinping's Dreams for China
Time - 1 day ago

For some comic relief chinese communist version:
Hu Xijin 胡锡进
@HuXijin_GT
Editor-in-chief of Chinese and English editions of the Global Times - 《环球时报》总编辑

HK [email protected] 07:29 GMT February 8, 2020
China,would you like to have some Filipinos?
Reply   
.
Filipinos in China with flu-like symptoms will not be evacuated–officials

Abandoned by their motherland:(((

Advantage! For those who will die, it will be much cheaper for the state to repatriate their ashes:)))

“Yes, exactly,” Department of Health Sec. Francisco Duque III told INQUIRER.net in a text message when asked to confirm if those exhibiting signs of respiratory illness will not be evacuated from China.

There are more than 12,000 Filipinos in mainland China and about 300 are working in Hubei,

LINK

HK [email protected] 06:09 GMT February 8, 2020
7 days on with steady infection rise:(1.11^7)34891= 72439 infected.

.
India, Indonesia, Thailand and Philippines will try to conceal numbers of infected and fatalities for economical reasons.

Summer will come and the Virus will disappear and every thing will be OK.

dc CB 06:08 GMT February 8, 2020
Dear Greta(trademark)
Reply   
thinking---is she right?

8:15 AM ET, Fri Feb 7
Ready to get the number and Trade 'da NFP for FEB.

wait...if that a freight train I hear?

Somewhere before 8:30

jkt abel 04:59 GMT February 8, 2020
7 days on with steady infection rise:(1.11^7)34891= 72439 infected.

wait till it hits india or indonesia's rural areas 1 person will infect 15 others easily with no proper hygiene, no access to health facility and no actual accurate reporting of cases...

HK [email protected] 04:38 GMT February 8, 2020
7 days on with steady infection rise:(1.11^7)34891= 72439 infected.
Reply   
.
assuming 11% steady infection growth per day.

Still not too big a number.

dc CB 01:48 GMT February 8, 2020
Life in the insane lane

another cruise ship. this time...."bound for New Jersey carrying passengers who will be tested for coronavirus"

Robert Isaacson, 42, whose 75-year-old mother is on the Bayonne-bound ship, told The Post he is worried for her because of a cruise ship in Hong Kong that’s been quarantined after crew members complained of having coronavirus symptoms.

“I sent her an email about that during her cruise so we were aware of the situation but we figured that is Asia, odds of that happening here are much much smaller,” Isaacson, who lives in Jersey City, said in a text message.

He added crew members on his mother’s ship have not alerted passengers of the sick people on board.
+++++++++++++++++++++++++++++++++++++++++++++++

(fwiw: a question--- what is the average age of people on these cruises.)

NY Post---

dc CB 01:30 GMT February 8, 2020
Life in the insane lane

ICYMI
Friday's Episode of The Apprentice: The White House, Season 4.

*Heads roll. Things did not go well in the Boardroom for Team Peach. Three players were shown the door.

dc CB 01:24 GMT February 8, 2020
Life in the insane lane

Posted by Zero(banned for ever on Twitter)Hedge.

Of course, when Zero Hedge suggested the same thing, highlighting key personnel in the Wuhan lab that were publicly acknowledged as responsible for that research, we were immediately banned by Twitter. We look forward to reading Buzzfeed's article decrying The White House for daring to ask questions about the origin of this deadly pandemic.

White House Asks Scientists To Investigate Whether 2019-nCoV Was Bio-Engineered

Minneapolis DRS2 00:39 GMT February 8, 2020
Life in the insane lane

After viewing lots of blogs (both professional and amateur), various websites and the like, the consensus view (if there is one to be had) seems to be that China is doing what they can, but it is too little and too late to adequately address the present situation from a real public health perspective. As has always been the case, the central government is doing things first for appearance, and second for suppression.

According to various websites, the pictures of hospitals being built are generic stock photos taken from Chinese construction companies. Genuine hospitals have very complex infrastructure (plumbing, ventilation, etc.) and take lots of time to build and staff. What the pictures show are holes being dug and lots of construction modules being put together. Nobody to date has vouched for their authenticity, and even if they were authentic they do not make a hospital.

What IS apparently being done is the lockup of residents. Cities and neighborhoods under armed guard, doors being blocked with bricks and metal bars, heavy quarantine...things like that. This is being done to prevent the spread of the disease as well as to prevent social disorder.

If you believe the Epoch Times (it's close to Falun Gong), they say in this attached article that 11 cities are on the CCP priority list for survival. That means that they will be protected at all costs, even if other cities have to be sacrificed: Beijing, Tianjin, Shanghai, Guangzhou, Shenzhen, Hong Kong, Hangzhou, Xi'an, Shenyang, Harbin, Urumqi. For those who are familiar with China's city classification system, this includes some of Tier 1, a couple of Tier 2, and none of Tier 3.

11 cities to be saved

 




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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