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Forex Forum Archive for 04/06/2020

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dc CB 23:09 GMT April 6, 2020
this is good one...

NPR NUZ is characterizing this as ...
The Fed is going to buy loans thereby allowing Community Banks more room to make loans to small business.

(that's them just earning the 25mil they got as part of the 2.2billion --- NPR that is)

Mtl JP 21:06 GMT April 6, 2020
this is good one...



Even the part of the economy that is essentially dead in water chewing thru million$ per day, went uP in price almost 5%

Not a good time to try to be logical, even less rational

Mtl JP 20:53 GMT April 6, 2020
this is good one...

do not let janet's October 9, 2013 "We can and must safeguard the financial system" haunt you

dc CB 20:35 GMT April 6, 2020
this is good one...

Trumper, Munchkin, and POWPOW Powell.
Specializing in HoseJobs and PrestiDIGITATION(of your cash)


and remember stay in your homes and WASH YOUR HANDS...
(and take off your shoes. hahahahaha, nah that was the other crew, you can keep your shoes on.)

dc CB 20:27 GMT April 6, 2020
this is good one...

they did it

"To facilitate lending to small businesses via the Small Business Administration's Paycheck Protection Program (PPP), the Federal Reserve will establish a facility to provide term financing backed by PPP loans, the Fed said in a brief statement. �Additional details will be announced this week.�

Effectively, the Fed will establish a secondary market for loans guaranteed by the Small Business Administration�s Payroll Protection Program, and where the end buyer will be the Fed itself.

And so, what was supposed to be a no string attached rescue of America's small business, the PPP program has now mutated in yet another massive handout to the big banks, who will collect servicing costs ranging from 5% for small loans to 1% for larger ones, using Treasury capital (no origination risk) and then immediately selling these loans to the Fed if they turn sour (no balance sheet risk).

(like I said this Crew makes OG&B look like pikers)

Risk-Free Killing On Small Business Bailout

AT Trader john 20:22 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

As I understand it, Dominic Raab, Foreign Minister, is filling in for PM Johnson while Boris is recovering.

Mtl JP 20:01 GMT April 6, 2020
this is good one...

more moRE MORE !

(Bloomberg) -- The International Monetary Fund may launch a new program to help address the global shortage of dollars, providing a backup to the Federal Reserve�s campaign to keep greenbacks flowing around the world economy.

IMF Managing Director Kristalina Georgieva is preparing to offer short-term dollar loans.

AT Trader john 19:59 GMT April 6, 2020
Tuesday Amazing Trader 7 April 2020

Late Monday
DJ: +1641
SP: +182.6

2-yr 0.266% +5.3
Spread 10s-2s +37.1 (+36.4)

10-yr
US: 0.637% +8.1
UK: 0.333% 0.0
DE: -0.418% +1.7

EURUSD MACRO TREND: NEGATIVE
Spot Rate (Pivot Point)
EURUSD 1.0800 (1.0810)
GBPUSD 1.2231 (1.2282)
EURGBP 0.8773 (0.8798)
USDJPY 109.01 (108.92)

Last Week 1.0835-1.0780 (47 pips)

mon: 1.0835-1.0780 (47)
fri: 1.0864-1.0773 (91)
thu: 1.0969-1.0821 (148)
wed: 1.1038-1.0903 (135)
tue: 1.1055-1.0927 (128)


Sign up now for your invaluable report

How To Turn Your Forex Trading Into A Business

20-day avg: 1.0960
50-day avg: 1.0977
100-day avg: 1.1038
200-day avg: 1.1065

Global-View Daily Trading Chart Points





london red 19:56 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

something for tomorrow. 2725 and 2741 cash some lvls that prev hampered action. so may cause issue on way up.

london red 19:53 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

anything abv 2646/57 v bullish. for bears a flatish open, rally, then sell off at end is best to hope for. the techs dont suggest 5% down from the kick off tomorrow, so thats best bet for bears. lrg wick on daily. but i expect spoos will come into us session already up a couple of percent.

Mtl JP 19:51 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

2655
like a bear cull using a gatling gun

london red 19:50 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

here we go wagons roll!

london red 19:49 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

nice little cup and handle formation. if they break and hold its 2850 easy before pullback. dc's fib 2769 on way as interim res but likely by end of wk in any case of break. that prev bottom not far off 2855 and will be stern res. from there u may be able to get some steadier decline as u expect economic info to weigh more up there given loftier p/e levels at that point.

Mtl JP 19:47 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020



bears' nuts on the 2637 line ?

GVI Forex Blog 19:40 GMT April 6, 2020
Chart Points: Free Forex Database For 206 April 2020
Reply   

forex rate database image

Global-View Free FX Database. High-Low-Close data for more than a dozen currency pairs for over seventeen years of data in an Excel spreadsheet format.

Global-View Daily Trading Chart Points

Chart Points: Free Forex Database For 206 April 2020

london red 19:38 GMT April 6, 2020
Boris back on Oxygen machine

was it not NY mayor that said those going on ventilators have only 20% chance of coming off.
i have been hearing a lot of reports of persistant exposure to virus having strong effect on ability to overcome it, esp those under high stress or exposed immune system - hence a lot of medical staff dying from it.

london red 19:35 GMT April 6, 2020
Boris back on Oxygen machine

u are not going to get the truth. since its the PM, they may well have moved him to ICU as a precaution. needless to say u or I would only get moved there if need of a ventilator.

london red 19:34 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

s&p cash high 2647. that 38.2 at 2646. v imp lvl here.

Mtl JP 19:34 GMT April 6, 2020
Boris back on Oxygen machine

back on oxygen
-
lying in bed sucking oxygen thru a mask is not same as
in ICU intubated to a ventilator (assuming here).
IF that what it is, it is a serious health degradation

london red 19:29 GMT April 6, 2020
Boris back on Oxygen machine

avg time of folks in ICU i believe is about 7 days. they either pull thru or not. since its PM i expect the move has happened early/on time. so you expect there could be a week if things come to worst case.

london red 19:23 GMT April 6, 2020
i see buying op by 12040/65

AT Trader john 19:23 GMT April 6, 2020
Boris back on Oxygen machine

PM Johnson moved into intensive care

london red 19:22 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

JP, condition is bad, no bones about it.
however, if worst comes to worst, next in line is more likely to do a deal with eu. johnson wasnt having an extension, not sure raab is of same ilk.

Mtl JP 19:21 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

red u thinkinh 1.22 will hold initially ?

Mtl JP 19:19 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

ICU ? that would imply intubation
a nasty proceedure. 6-10days IF comes out, and who knows in what condition

london red 19:13 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

sterling dwn as johnson take to ICU.
i expect pound recovers

london red 18:59 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

long tail on hourly candle. last hour they try higher
re s&p

Mtl JP 18:52 GMT April 6, 2020
this is good one...

I am thinking that IF they are going to be "buying" payroll loans, it hints at expectation of longer lockdown, no so-called recovery or at best a wishi-washi recovery if n when it comes at all.

There also is emerging a pattern of creativity by the fiat peddlers in greasing the wheels of perpetuating loans and indebtedness; I guess anything is open season at trying to protect the financial system from seizing to a halt

Mtl JP 18:07 GMT April 6, 2020
this is good one...

Fed says it will set up facility to create a secondary market for Paycheck Protection Program loans - as Markerwatch puts it

Mtl JP 17:59 GMT April 6, 2020
this is good one...

warning: some may need to swallon a Prozac before reading:
-
more moRE MORE !!!
Fed Preparing to Purchase New Small Business Payroll Loans - wsj

Fed, Treasury in talks about facility to spur more Small Business Administration lending

Mtl JP 17:52 GMT April 6, 2020
We're not broke it's the PANDEMIC

ib 17:03 that reminds me of Robert Fulghum's kindergaten book

Mtl JP 17:50 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

2630 = 3x top
curtsey to Red

dc CB 17:49 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

US Treasury sold $40BN in 3Y paper

The internals were in line, with Indirects rising modestly from 52.3 to 55.4, Directs taking down a modest 4.1%, which while up from 3.7% last month was still well below the 16% six auction average, and Dealers were left holding on to 40.5%, bonds which they will quickly sell back to the Fed.
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
going forward thid week, Tomrow the 10Y, Wed the 30

3Y Auction Tails On Muted Buyer Demand Despite Unlimited Fed QE

Israel MacroMicro 17:40 GMT April 6, 2020
USD/CHF
Reply   
@ 09780
range/trade ideas for this quarter?

TIA

uk rg 17:36 GMT April 6, 2020
We're not broke it's the PANDEMIC

...
Entry: Target: Stop:

a caste system

Israel MacroMicro 17:34 GMT April 6, 2020
Meanwhile

expecting quick 5% gain of MXN soon, waiting to enter later this week, the next one or even bit more patience.

entry is crucial with those hot potatoes :)

Paris ib 17:25 GMT April 6, 2020
We're not broke it's the PANDEMIC

red.... yeah. Conversation can be dull but. :-)

london red 17:11 GMT April 6, 2020
We're not broke it's the PANDEMIC

ib, like i said before, everything (education, mindset, inteligence etc) went downhill after T2. sad state of affairs, but u work with the hand u are given. not being the dumbest guy in the room has its advantages.

swiss frank 17:08 GMT April 6, 2020
Meanwhile
Reply   
A handful of EMG currencies showing signs of life today. Maybe a little less demand for the usd to the extent that that was where some of the demand was coming from.... Maybe.

Paris ib 17:03 GMT April 6, 2020
We're not broke it's the PANDEMIC

Yeah CB I'm with you. Everyone drank the Kool- Aid. Tertiary education, especially MBAs and Phds have a lot to answer for. Have you ever thought back on your education and tried to isolate what was really useful? In my experience: not a whole lot. Most of it is just inculcating respect for authority and a generally passive mindset. Waiting for bells to ring. Waiting for instruction.

AT Trader john 16:54 GMT April 6, 2020
Tuesday Amazing Trader 7 April 2020
Reply   

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

Tue 7 Apr 2019
AA 04:30 AU- RBA Decision
B 14:00 US- JOLTS
Wed 8 Apr 2019
A 14:30 US- EIA Crude
A 19:00 US- Fed Minutes
Thu 9 Apr 2019
A 08:30 GB- Output, Trade, GDP
A 11:30 EZ- ECB Minutes
A 12:30 US- Weekly Jobless
AA 12:30 CA- Employment
AA 12:30 US- PPI
A 14:00 US- Flash Univ of Michigan
Fri 10 Apr 2020
Various-- Good Friday Holiday


london red 16:15 GMT April 6, 2020
We're not broke it's the PANDEMIC

Mtl JP 16:07 GMT 04/06/2020
ib no upside in being agry because things not the way u imagine should be.
better to just take advantage of a c i r c u m s t a n c e
fwiw

spot on. make them pay you for their ills.

Paris ib 16:09 GMT April 6, 2020
We're not broke it's the PANDEMIC

I'm not angry, I'm not even particularly concerned. I think the powers-that-be are bluffing. They got nothing.

Mtl JP 16:07 GMT April 6, 2020
We're not broke it's the PANDEMIC

ib no upside in being agry because things not the way u imagine should be.
better to just take advantage of a c i r c u m s t a n c e
fwiw

london red 16:06 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

much obliged dc

dc CB 16:06 GMT April 6, 2020
How? Let me count......
40 years of 'lower education' which began when I was on college at the turn of the 70's ---- the first hit of 'everyone' deserves to go to college.
TLDNR ---Too Long Did Not Read --- passing bills into law that are 1000 pages plus, plopped on your desk the morning of the Vote.

And the current scourge: Smartphones.

Paris ib 16:03 GMT April 6, 2020
We're not broke it's the PANDEMIC

In hospitals in Italy the daily dose is 200 mg of Chloroquine per day (unofficially of course) for medical personnel. They all take it. Personally I prefer the idea of hi-dose intravenous Vitamin C - and loads of sunshine. :-)

Paris ib 15:59 GMT April 6, 2020
We're not broke it's the PANDEMIC

CB medical staff take it daily. In France there's no question. Didier Raoult has more followers than the dweeb Macron. Even though the official story is: we don't know, we'll get back to you on that, stay home like good little boys and girls and wait for your survival cheque. In Italy everyone knows the cheque is always in the mail. Only morons believe that one. The Italian and French governments are hoping to hijack this thing to force the Krauts to sign up to Eurobonds... queue emotional headlines. Anyone got puppies or baby seal photos? And in the States: Blackrock to the rescue... or feeding trough. Seriously how did we end up with leaders like this?

dc CB 15:57 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

TOS chart

ES

dc CB 15:51 GMT April 6, 2020
We're not broke it's the PANDEMIC

ib
Tin Foil Hat thot: how many 70yo 'leaders' are taking that Malarial drug as a prophylaxis, having consumed it many times over the years as they jet around the world, stopping in 'malaria' countries.
They know form experience that it's safe to take...whether it prevents COVID infection??. Better safe than sorry.

But NO SOUP FOR YOU! to quote that iconic Seinfeld episode.

london red 15:43 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

ok dc, thx. at some point should see colour of their money. any poss headfake by 2557, otherwise gets to 50% retrace before folks get their first stimulus cheques. gods work.

dc CB 15:41 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

so 2 hours later
CME order issues have been resolved TOS.

so is it safe to trade now???? now that the Rocket ride is over???
LOL

Paris ib 15:33 GMT April 6, 2020
We're not broke it's the PANDEMIC

JP... oh right. I see. That makes me feel so much better. What I wonder though is: what if they decide that the U.S., at least, has to stay in hibernation indefinitely because there is no conceivable financial way forward? Possible? Impossible? No idea. But I do wonder.

Meanwhile this virus joke continues.

It's not spreading, it's not particularly dangerous, hi-dose intravenous Vitamin C and Chloroquene are both effective in treating the thing but it's the ONLY cover story they have right now. I note the media (which basically runs this farce) is now touting early release in some countries. How very comforting.

China is still at the pointy end when this thing ends: it ain't getting the money back from Treasuries and its trade with the U.S. will also suffer. The European Project either gets its bonds or the project starts to fall over (I'm hoping for the second option) and BREXIT? Johnson is in hospital.... does he get out? If not forget BREXIT in my opinion.

Here's Pepe (sometimes good, sometimes wacked out of his head, but this one's ok)

Israel MacroMicro 15:27 GMT April 6, 2020
We're not broke it's the PANDEMIC

after all it's not the fault of the 70+ years old who trusted the system to let them be paid back for decades of tax payment. system gets gold medal for enslaving most people. reality but still sad in away.

not nice to witness masses of the elderly literally isolated even by relatives

Mtl JP 15:25 GMT April 6, 2020
We're not broke it's the PANDEMIC

and if one looks at stocks today, one could be misled that the ressurection is day one already

Mtl JP 15:23 GMT April 6, 2020
We're not broke it's the PANDEMIC

ib what then ?
by some accounts phoenix is supposed to rise from ashes within 3 days

Israel MacroMicro 15:21 GMT April 6, 2020
We're not broke it's the PANDEMIC

we will probably to get glue to bring the broken pieces together until the next time. the cash printing machines were not programmed to print really for all.

Paris ib 15:16 GMT April 6, 2020
We're not broke it's the PANDEMIC

JP... am I the only one thinking Weimar Republic and Zimbabwe at this point? The whole thing is lunacy. The Beer Virus (fake pandemic) is convenient cover... but still at some point we will have to deal with the reality on the ground: the market for Treasuries and Corporate Debt has disappeared. Now what?

They can miscount Virus deaths all they like, when we come out of this they are still broke. What then?

dc CB 15:12 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

red. wasn't meant as a correction, jsut and add on

dc CB 15:10 GMT April 6, 2020
China: Tourist sites packed as country comes out of coronavirus lockdown

and this ia not because they are 'disloyal' it is because they NEWS is just a small not very profitable part of International Media/Entertainment Corporations. Corporations whose business model is 'Selling Eyeballs'. And where are there billions of Eyeballs??
So these corps are not disloyal by anymeans...they are very loyal to their shareholders.

london red 15:05 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

dc, sorry i was referring to cash, 26th 30th march highs. almost bang on 38.2% fib of said index.
JP, maybe 2850/55. if 2640/46 cant be busted and back under 2533 (todays sloping down channel) then already. but everything is rosy again so i would favour up even if landing ufo surveying economy would disappear out of atmosphere like a rat up a drain pipe

dc CB 14:57 GMT April 6, 2020
if you haven't realized that much of the MSM ao called "American" press is a propaganda outlet for the CCP, then you haven't been paying attention. simple example - it is Racist and Xenophobic to refer to the Virus as Chinese or Wuhan. This is gospel coming from top down management.

Mtl JP 14:54 GMT April 6, 2020
We're not broke it's the PANDEMIC

ib 14:21 haven't heard from the PhD in a while but , for mental appeasement, may be a good idea to review bernanke doctorine about printing press

haifa ac 14:36 GMT April 6, 2020
China: Tourist sites packed as country comes out of coronavirus lockdown
Reply   
China: Tourist sites packed as country comes out of coronavirus lockdown
By Ben Westcott and David Culver, CNN
3 hrs ago

https://www.msn.com/en-us/news/world/china-tourist-sites-packed-as-country-comes-out-of-coronavirus-lockdown/ar-BB12ddZV?ocid=spartanntp

Frightening pictures

Can that be true?
if it is something is very fishy with china!

Israel MacroMicro 14:34 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

unfortunately red is right
no point to use realistic logic during unrealistic situation
trading wise: pay attention to the printing schedules and cash airlines timetables

about indices and imo

Mtl JP 14:32 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

red 14:05 so the Q is when will have the 2 trillion reasons be chewed up, exhausted ?

Paris ib 14:21 GMT April 6, 2020
We're not broke it's the PANDEMIC

"The Federal Reserve Now Owns 15 Percent of the U.S. Treasury Market; At Its Current Rate, It Could Own the Whole Market in Less than Two Years"

"If the Fed keeps up this pace of Treasury buying, it will own the entire Treasury market in about 22 months. If you look at the New York Fed�s list of the Treasury securities that are being submitted to it for sale by Wall Street�s trading houses versus the amounts the New York Fed is buying, you will see that Wall Street is puking up Treasuries in something akin to projectile vomiting."

The Treasury market, at this point, is a fantasy market.

The Eye of the Storm

dc CB 14:17 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

2636 was never broken during the last 4 trading days of the quarter on the ES.
sustatin trade above that then next leg of short covering --- aimiing for the 50% ret of the ATH and that 2174 low.

london red 14:05 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

2640/46 tgt for s&p. that would be a triple high. if broken they do 2855 by end of wk. dont focus on virus or economy focus on the 2 trillion reasons. may as well profit with them. watch those triple highs. best to be in game b4 as it makes it easier to avoid headfake.

Mtl JP 14:02 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

1/2 hour in DJIA uP ~5%

Mtl JP 13:56 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

S&P500 2596
currently on rampage
gap stretched some more

dc CB 13:54 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

"Nobody's traveling in the next 30 or 60 days," said Vasu Raja, American Airlines Group Inc.'s senior vice president for network strategy. "But nobody is really making any plans to go travel in the next 90 to 150 days, either."

london red 13:54 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

wti can prob fill gap and at same time touched lt broken trendline at 40-41 but that will be the v best it can do and will be downhill from there til year end at least. a stop at 42.50 should be enough. but, we are long way from there. something that may present itself in time.

Mtl JP 13:52 GMT April 6, 2020
BREAKING NEWS

monkie see monkie do
Israel Cuts Rates First Time Since 2015, Adds More Liquidity
Bloomberg April 6

dc CB 13:51 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

"We are experiencing issues with CME orders. Please call the trade desk if you need immediate assistance"
TOS

Mtl JP 13:41 GMT April 6, 2020
BREAKING NEWS

DIMON
--------
JPMorgan�s James Dimon Highlights Stability of Dividend

dc CB 13:29 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

the margin needed to trade 1 contract of CME WTI crude is just below $7,000 on my platform. i1/2 size contract is $4,000.
2 weeks ago it was 3,800 and 1,900

Mtl JP 13:25 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

REUTERS - China sees rise in asymptomatic coronavirus cases, to tighten controls at land borders

Mtl JP 13:15 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

�The worst is behind us� � with the most attractive risk-reward in years, it is time to buy stocks, Morgan Stanley says
- MarketWatch

Mtl JP 12:45 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

USD looking bearish (Fed is probably hosing the market, if not likely on vigillant stand-by)
Not expecting aggressive trading comittements this week ahead of easter holiday
-
Euro as flat as carpenter's dream
R around 1.08-0825
YTD low: 1.0636 S and potential trgt

Mtl JP 11:47 GMT April 6, 2020
meanwhile

Bloomberg April 4, 2020 // "The Swiss National Bank said last month it was stepping up currency interventions to stem the franc�s advance and data on Tuesday will provide insight into how much it spent to keep that pledge."

swiss frank 11:44 GMT April 6, 2020
meanwhile
Reply   
- � feels like the thrill is gone. Still heavy but needs to clear below the previous (not recent) low around 1.0770.
- � weakness feels easier to play via peripherals nzd, aud, cad as those show signs of life.
- GBP/CHF exited on rebound to 1.20. Didn't like how gbp didn't go down on what should have been gbp negative news. The chf leg not moving basically makes this a gbp trade anyhow.
- I like aud/cad a lot lower. Already sold some around .8550 and look to sell more .8650-.8700 for eventual move back down to .8000. Maybe more on delayed cad strength than aud weakness.

See how...

Mtl JP 11:40 GMT April 6, 2020
this is good one...

Singapore Retail Investors Use Cheap Cash to Load Up on Stocks - BBRG

(Bloomberg) -- Record low interest rates are tempting some retail investors in Singapore to load up on debt to buy shares, just as the coronavirus outbreak creates the most volatile markets since the global financial crisis.

Earlier this year, 31-year-old insurance agent Heng Kai Sheng got advances on three separate credit cards to the tune of S$150,000 ($105,000). With the money, he opened a share-financing account at a local bank and pledged the lot as collateral. He was granted leverage of around 3.5 times, a S$500,000 kitty Heng�s plowing into the stock market.

�As Asians, our parents always tell us �Don�t borrow money, repay your mortgage as soon as possible�,� said Heng, whose initial S$170,000 share portfolio now totals about S$135,000. �But money is so cheap.� .../..

Mtl JP 11:16 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

I guess anything is possible: looting, chaos ...
so far anarchy seems, to me, remote

AT Trader john 11:06 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

WTI $28.85.

AT Trader john 11:03 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

Big focus this week could be jobless Claims on Thursday. Consensus forecasts at this time are for an increase of five million, but some are chatting about +10-20 mln. I guess anything is possible.

london red 11:01 GMT April 6, 2020
BREAKING NEWS

john, 2 trillion reasons why it wont matter for JPM stock

AT Trader john 10:51 GMT April 6, 2020
BREAKING NEWS

Dimon: JPM earnings will be "meaningfully down" in 2020.

GVI Forex Blog 10:47 GMT April 6, 2020
BREAKING NEWS: U.K. Final PMIs Weak in March 2020.
Reply   

March 2020 Construction PMI missed estimates. This is more of a domestic measure.

U.K. Construction PMI

BREAKING NEWS: U.K. Final PMIs Weak in March 2020.

haifa ac 09:21 GMT April 6, 2020
Boris back on Oxygen machine
Reply   
Hope he is OK.

hk ab 09:07 GMT April 6, 2020
gold
Reply   
anyone seeing mega SHS on daily?

AT Trader john 08:57 GMT April 6, 2020
BREAKING NEWS

Japan Abe calls for one month declaration of emergency in Tokyo and Osaka due to Coronavirus. Backs $988bn stimulus.

AT Trader john 08:43 GMT April 6, 2020
BREAKING NEWS

U.K. Construction PMI even weaker than forecast.

AT Trader john 08:41 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

Early Monday
DJ: +790
SP: +96.4

2-yr 0.260% +4.7
Spread 10s-2s +36.4 (+38.0)

10-yr
US: 0.654% +6.5
UK: 0.340% +2.9
DE: -0.415% +3.1

EURUSD MACRO TREND: NEGATIVE
Spot Rate (Pivot Point)
EURUSD 1.0796 (1.0815)
GBPUSD 1.2291 (1.2292)
EURGBP 0.8783 (0.8797)
USDJPY 109.13 (109.723)

Last Week 1.1144-1.0773 (371 pips)

mon: 1.0835-1.0788 (47)
fri: 1.0864-1.0773 (91)
thu: 1.0969-1.0821 (148)
wed: 1.1038-1.0903 (135)
tue: 1.1055-1.0927 (128)


Sign up now for your invaluable report

How To Turn Your Forex Trading Into A Business

20-day avg: 1.0994
50-day avg: 1.0982
100-day avg: 1.1040
200-day avg: 1.1067

Global-View Daily Trading Chart Points





AT Trader john 08:31 GMT April 6, 2020
BREAKING NEWS
Reply   
Construction PMI Mar 2020




-- NEWS ALERT --

39.3 vs. 44.5 exp. vs. 52.6
prev.



AT Trader john 08:14 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

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

Mon 6 Apr 2019
No major data
Tue 7 Apr 2019
AA 04:30 AU- RBA Decision
B 14:00 US- JOLTS
Wed 8 Apr 2019
A 14:30 US- EIA Crude
A 19:00 US- Fed Minutes
Thu 9 Apr 2019
A 08:30 GB- Output, Trade, GDP
A 11:30 EZ- ECB Minutes
A 12:30 US- Weekly Jobless
AA 12:30 CA- Employment
AA 12:30 US- PPI
A 14:00 US- Flash Univ of Michigan
Fri 10 Apr 2020
Various-- Good Friday Holiday


london red 06:26 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

2640/6. if busted 2855.

Mtl JP 03:31 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

2573 new HoD,
gap widening

Mtl JP 01:44 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

2480.50 fr close -> 2567 = 3.5% pop uP
check raid bail ... it s a judgement and
risk management call

Caribbean! Rafe... 01:17 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020

JP// Wait for about an hour then check... or raid and bail.

Caribbean! Rafe... 01:15 GMT April 6, 2020
EURUSD
Reply   
EURUSD: We have temporarily averted a change in trend, for a few more months. I have been seeing this on the charts since late 2019. There is a good level of downside pressure towards selling dollar strength on blips. Barreled Stops...

Mtl JP 01:03 GMT April 6, 2020
Monday Amazing Trader 6 Apr 2020



SnP 2565 (and stretching opening gap)
-
early enthusiasts on rampage
I am guessing the puppy should trade inside 2300 - 2600 for next little while, but ...

Toronto Abb 00:30 GMT April 6, 2020
..
Reply   
buy silver

 




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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