Israel MacroMicro 23:09 GMT June 4, 2020
Friday Amazing Trader 5 June 2020
is it reasonable to trust an accelerating inflation to null the possibility for stox crashing and 2400 is a bottom at least for a decade?
Israel MacroMicro 22:45 GMT June 4, 2020
JPY
EUR/JPY under 122.85 capable to get fully ignited towards mid 110's
Israel MacroMicro 22:43 GMT June 4, 2020
JPY
Reply
sooner than later the end of Q2 fireworks price action stamped with JPY strength will be the show we watch.
dc CB 20:51 GMT June 4, 2020
HCQ Study RETRACTED --- they F**ing LIED
Reply
An influential study which found anti-malaria drug hydroxychloroquine raised the risk of cardiac issues has been retracted by its three authors.
The study, published on May 22 in the UK's prestegious Lancet medical journal, relied on bogus data from a company called Surgisphere, which would not transfer the full dataset for an independent review, and "can no longer vouch for the veracity of the primary data sources."
While the company that produced the original data, Surgisphere Corp., had signaled that it would cooperate with an independent review, it ultimately reneged and said doing so would violate confidentiality agreements, wrote the study authors. “As such, our reviewers were not able to conduct an independent and private peer review,” the authors said. -Bloomberg
"We deeply apologize to you, the editors, and the journal readership for any embarrassment or inconvenience that this may have caused."
INCONVIENENCE???? how about DEATHS --- that this may have caused.
https://www.zerohedge.com/health/researchers-retract-botched-anti-hcq-study-which-caused-who-halt-trials
the Lancet "Study"
AT Trader john 20:10 GMT June 4, 2020
Friday Amazing Trader 5 June 2020
Late Thursday
DJ: 26,282 +11.9
SP: 3,112.4 -10.5
2-yr 0.196% -0.4 bps
Spread 10s-2s +55.8 bps (+56.8bps)
10-yr
US: 0.809% +4.8
UK: 0.309% +0.2
DE: -0.318% +0.5
EURUSD MACRO TREND: Higher
Spots (Pivot Point prev day)
EURUSD 1.1358 (1.1305)
GBPUSD 1.2623 (1.2586)
EURGBP 0.8996 (0.8977)
USDJPY 109.10 (108.97)
This Week 1.1362-1.1101 (261 pips)
thu: 1.1362-1.1195 (167)
wed: 1.1250-1.1167 (88)
tue: 1.1250-1.1115 (81)
mon: 1.1153-1.1101 (52)
fri: 1.1145-1.1066 (79)
Sign up now for your invaluable report
How To Turn Your Forex Trading Into A Business
20-day avg: 1.0958
50-day avg: 1.0915
100-day avg: 1.0956
200-day avg: 1.1010
Global-View Daily Trading Chart Points
Amman wfakhoury 18:28 GMT June 4, 2020
GOLD 1690
Amman wfakhoury 18:05 GMT 06/03/2020
_________________________
1715 reached ..1722 is coming
________
1722 reached
Israel MacroMicro 17:37 GMT June 4, 2020
NEGATIVE RATES
sell safes par
that's all you need to make money
PAR 17:29 GMT June 4, 2020
NEGATIVE RATES
Reply
ECB puts a negative 0,5% on bank deposits
ECB allows banks to borrow at -1% from the ECB
So banks are ok
The piñata as usual are the European savers who pay a 0,5% tax on their savings to the ECB.
dc
Thanks for the borrowing data
AT Trader john 16:00 GMT June 4, 2020
Friday Amazing Trader 5 June 2020
Reply
GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium
Fri 5 June 2019
AA 13:30 US/CA- Employment
Paris ib 15:53 GMT June 4, 2020
Thursday Amazing Trader 4 June 2020
CB.... the whole thing is kinda wild in my opinion. First lockdown or we'll all die, then Fauci says masks are 'symbolic' (of what I'm not sure) and now the throngs on the streets. Not just in the US. Protests in Paris, Italy, the UK....
Some Italian doctor said that the virus is dead.
It just seems so surreal to me. Every new bit of 'news' seems like a 'not-very-good' futuristic movie. Or am I the only one who thinks this whole thing is wild?
Orange Vests in Italy
Paris ib 15:49 GMT June 4, 2020
Thursday Amazing Trader 4 June 2020
OK there is empty rhetoric between China and the U.S. and a few tit for tat trade moves. Brexit still doesn't rate a mention. The surreal landscape of Post Covid has got something for everyone.
FWIW rebound in economic activity looking strong here.
Bojo to self-isolate AGAIN
dc CB 15:44 GMT June 4, 2020
Thursday Amazing Trader 4 June 2020
ib
A new nationwide tally produced by the Associated Press finds protest arrests across America has topped 10,000 since the death of George Floyd in Minneapolis last week.
Perhaps the most important statistics to come out of the week of protest mayhem, however, will be related to the coronavirus spread within the protesting throngs.
Over the weekend and at the start of the week US health officials warned of the protest risks regarding the potentially deadly virus:
'The risk is even more pronounced when factoring in the more than 5,600 demonstrators who have been arrested, according to The Associated Press.
Not only are jails crowded indoor spaces, but protesters sat in vehicles at close range for an extended period of time, which increases the risk for onward transmission of the virus, '
dc CB 15:29 GMT June 4, 2020
Thursday Amazing Trader 4 June 2020
red
1% ---they'll fight that...How?
Ans: kill StoX --- rate for next week's auctions very impt.
it's also interesting that Bezos-with his Amazon Bond haul this week 'sold' them at rates just a few smidges above Treas....10Bln ranging 2 to 40 years.
Paris ib 15:15 GMT June 4, 2020
Thursday Amazing Trader 4 June 2020
Right now BREXIT looks like such small bananas.
We still don't know what's going on with the virus (social distancing, return to normal, second wave, mandatory vaccines, international travel, everyone gets back to work... OR NOT). We have major tension between the U.S. and China. Russia just voted in some weird resolution allowing them to go nuclear if attacked. What's with that? No idea.
Then we have all this rioting / looting / lockdown not lockdown in the States. Huge disconnect about what treatment works and what does not and if this thing is even dangerous. Police / National Guard on the streets and the PRESS has gone full blown partisan so you don't know what is going on anyhow.
Brexit? Like at this point the uncertainty surrounding Brexit looks like solid ground to me. Feels safe and familiar. Where we are now is wonderland.
Blueprint for Lockdown
HK Kevin 15:15 GMT June 4, 2020
Thursday Amazing Trader 4 June 2020
Expect EUR to close around 1.1290/1.13 today. Tmr will be a critical day whether the pair will challenge 1.14
HK Kevin 15:05 GMT June 4, 2020
Thursday Amazing Trader 4 June 2020
I expect at least 200 pips northward if 1.2650 broken
london red 14:55 GMT 06/04/2020
cable key 12650/70. stops reside abv there. mkt was short, hence the run up so far, so reaction can be bigger here.
london red 14:55 GMT June 4, 2020
Thursday Amazing Trader 4 June 2020
cable key 12650/70. stops reside abv there. mkt was short, hence the run up so far, so reaction can be bigger here.
london red 14:53 GMT June 4, 2020
Thursday Amazing Trader 4 June 2020
res in form of 200 wk ma at 11335 and monthly kijun at 11360. stops shelter abv both. abv 0.82% on the 10 and they may pop but failure to close abv that lot likely sees a pullback as mkt long and those stops are pretty big.
london red 14:29 GMT June 4, 2020
Thursday Amazing Trader 4 June 2020
close over 0.80% seals their fate. we are going to 1% in that case. caveat is fed speakers discussing merits of negative rates. they cannot allow a move higher in rates as it will be the end of them, so they will fight it all the way i expect.
dc CB 14:26 GMT June 4, 2020
Thursday Amazing Trader 4 June 2020
According to Nomura's CTA position index (representing our estimate of the positioning of CTAs based on real-time data) CTAs to still have a net long position in 10yr UST futures, "although with a conspicuous notch recently where that position appears to have hit a ceiling." This means that should the pressure created by global macro hedge funds’ sell-off of USTs increase to the point that the 10yr UST yield climbs above the "red line" that exists at around 0.84%, CTAs would likely be drawn into exiting their long positions in TY to cut their losses.
Moments ago, in what may be one giant CTA stop hunt to force CTAs to puke, we got as far as 0.82%: should yields rise another 2bps, the chaos in the bond market may observed in early and mid-March may make a triumphal reappearance.
Bond Market On Edge Of Chaos As 10Y Yields Blow Out To CTA Liquidation Trigger
Minneapolis DRS2 14:02 GMT June 4, 2020
Thursday Amazing Trader 4 June 2020
In chaotic times like these, I suggest that it is more profitable for the average retail trader to adopt a strict technical approach rather than dwell on funnymentals. While some traders really can read the tea leaves, most in the market are far better off if they limit their thinking to the mechanics of price movements.
This is especially true in a time where a lot of trading is automated anyway, and everything is gamed so stop hunting and front running are pretty much SOP rather than the exception. Stop worrying about all the crazy news or what someone said. Most of the time it doesn't matter anyway.
Paris ib 13:39 GMT June 4, 2020
2020 Takes the Biscuit
Reply
Stuff happening this year really is off the charts:
1. Covid Lockdown - resulting in economic upheaval
2. FED and ECB decide printing money is the way to go
3. Corporate bail out like never before in the States
4. Riots across the US bring in the possibility of Martial Law
And the media is on drugs. Social media is best ignored if you want to keep your sanity. Nobody knows what's going on but NOBODY seems to think that what is going on is a GOOD thing.
Mind blowing stuff. On the same level as 911 in my opinion.
The 4 trillion printing press makes the USD the least happy currency but the line up is NOT pretty. Which poor choice do you prefer?
Lots of fun at the FED
dc CB 13:18 GMT June 4, 2020
ECB LAGARDE PONZI MAFIA
PAR 11:49 GMT
Christine loves spending other people's money.
That's what criminals do. What else did you expect.
Mtl JP 13:07 GMT June 4, 2020
ECB LAGARDE PONZI MAFIA
Infinitely better to USE lagarde to one's profit than be miserable and whine about what she should or not do policy-wise
aka red 11:58 or Kevin 12:23 for ex
Amman wfakhoury 13:02 GMT June 4, 2020
GOLD 1690
Reply
Amman wfakhoury 18:05 GMT 06/03/2020
1705 reached ..keeps below it 1690 will be reached again.closed above it 1715 will be reached then 1722.
_________________________
1715 reached ..1722 is coming
PAR 13:00 GMT June 4, 2020
ECB LAGARDE PONZI MAFIA
It looks like Lagarde will become the second president of the ECB to never achieve the ECB's 2% inflation objective.
She is off to a very bad start and if she was a football coach she would already have been fired.
AT Trader john 12:30 GMT June 4, 2020
BREAKING NEWS
Weekly Jobless Claims
ALERT
+1.877 vs: +1.5mln expected vs. +2.1238mln (r )
HK Kevin 12:23 GMT June 4, 2020
ECB LAGARDE PONZI MAFIA
Fade the out-dated news, but not bad. Give you higher rate to sell.
PAR 12:05 GMT June 4, 2020
ECB LAGARDE PONZI MAFIA
ECB measures will be deflationary, putting pressure on wages but could lead to technological investments further reducing prices.
PAR 11:49 GMT June 4, 2020
ECB LAGARDE PONZI MAFIA
Reply
PEPP increased to almost € 1.5 trillion and expanded in time for the coming year.
Christine loves spending other people's money.
GVI Forex 11:42 GMT June 4, 2020
A Trading Lesson for You
For those interested in finding a key to trading on the strong side of the market (more than half the battle), click on the link below for a free lesson from the AT Ladder Strategy course.
Feel free to contact me with any questions.
Regards,
Jay Meisler
Free AT Ladder Strategy lesson
london red 11:33 GMT June 4, 2020
Thursday Amazing Trader 4 June 2020
ecb is known to be reactive rather than proactive and since a mnner of calm has returned they may do less rather than more today, so i would side on the side of disappointment.
AT Trader john 10:34 GMT June 4, 2020
Thursday Amazing Trader 4 June 2020
Markets will be working on their risk profile for the balance of the week today. the ECB decision (additional stimulus) appears to have been preempted by the German coalition decision yesterday to support more stimulus. U.S. jobs data will be closely followed today and Friday.
Data reports are hopelessly distorted at the moment. The current focus is more on the broad macro direction of the data than the actual figures. Early today traders are backing away from risk on. Trades I am using the S&P as my risk barometer with +/- 3100 as pivotal to sentiment.
PAR 10:06 GMT June 4, 2020
ECB LAGARDE PONZI MAFIA
Mtl
It is proven. The lower interest rates go the more money people will have to put in their savings account to have the illusion they keep their capital intact.
With real interest rates, people will spend more as they get interest on their money.
The governments spend a lot, but they spend a lot just paying interest on their debt which is not really helping the economy.
Negative rates are surrealistic. No one will give me money if I promise to give them less back.
Belgrade Knez 10:01 GMT June 4, 2020
MACRON
PAR 09:35 GMT 06/04/2020
well, two more years to mess around, then he may finish his presidency
Mtl JP 10:01 GMT June 4, 2020
Thursday Amazing Trader 4 June 2020
I am detecting ...
... ... that new desease is approachig
increasing frequency of comments on negative interest by various PhD policymakers.
What is the typical lead-time for policymakers to float and propagandize a policy idea before implementation:
- a year
- a quarter
- a month ... ___ ?
Mtl JP 09:44 GMT June 4, 2020
ECB LAGARDE PONZI MAFIA
"Savers don't spend as they don't earn interest"
-
Over time, negative interest and printed price-inflation will erode the absolute savings
while the savers wait hopingly for price-deflation to outrun their saving's capital erosion.
Chickens race.
PAR 09:35 GMT June 4, 2020
MACRON
Reply
Macron doesn't want to tax the 1% in France but he wants to tax the middle class in EUROPE.
He calls it solidarity.
The tax on the rich would only bring in a few BILLION EURO.
Someone sooner or later will have to pay the bill of Macron's spending like there is no tomorrow?
AT Trader john 09:29 GMT June 4, 2020
Thursday Amazing Trader 4 June 2020
Thursday
DJ: 26,250 -106
SP: 3,119 -13.9
2-yr 0.188% -1.2 bps
Spread 10s-2s +55.8 bps (+56.8bps)
10-yr
US: 0.746% -1.5
UK: 0.267% -0.6
DE: -0.354% -0.4
EURUSD MACRO TREND: Higher
Spots (Pivot Point prev day)
EURUSD 1.1201 (1.1216)
GBPUSD 1.2510 (1.2583)
EURGBP 0.8952 (0.8911)
USDJPY 109.00 (108.78)
This Week 1.1250-1.1101 (149 pips)
thu: 1.1238-1.1195 (43)
wed: 1.1250-1.1167 (88)
tue: 1.1250-1.1115 (81)
mon: 1.1153-1.1101 (52)
fri: 1.1145-1.1066 (79)
Sign up now for your invaluable report
How To Turn Your Forex Trading Into A Business
20-day avg: 1.0917
50-day avg: 1.0905
100-day avg: 1.0955
200-day avg: 1.1008
Global-View Daily Trading Chart Points
AT Trader john 09:11 GMT June 4, 2020
Thursday Amazing Trader 4 June 2020
GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium
Thu 4 June 2019
AA 14:00 EZ- ECB Decision
A 12:30 US- Weekly Jobless
A 12:30 US- Productivity
A 12:30 US/CA- Trade
Fri 5 June 2019
AA 13:30 US/CA- Employment
AT Trader john 08:59 GMT June 4, 2020
BREAKING NEWS
EARLIER: U.K. Construction PMI May 2020
-- NEWS ALERT --
28.9 vs. 29.7 exp. vs. 8.2 prev.
PAR 08:36 GMT June 4, 2020
ECB LAGARDE PONZI MAFIA
Inflation has become a "Fata Morgana".
Only asset price inflation. All the money the ECB has created moved into financial and real estate assets. Not into the real economy.
Savers don't spend as they don't earn interest. Simple comme bonjour.
Central Kwun 08:28 GMT June 4, 2020
Sell again
Reply
Sell Gold
Entry: 1704 Target: Stop:
trend is down
Paris ib 08:28 GMT June 4, 2020
First Hand Accounts of US Situation
It's hard to figure out what is going on from the media reporting. Is the U.S. on fire? Is there violence on both sides (protestors and police)? Is the situation under control or getting better? Is it getting worse? Is the U.S. heading towards defacto Martial Law?
Chris Hedges is talking revolution: " The myopia of the ruling elites is that they think they can foist Biden on us because he is not Trump. But the game is up. The façade of democracy no longer works."
I honestly don't know what to believe. It seems like the media (including social media) is at a fever pitch but that just makes things harder to figure out. I don't believe the hysteria.... but I tell you there isn't a h.ll of a lot else to go on. Anecdotal bits here and there, that's all.
Chris Hedges on the Treason of the Ruling Class
PAR 08:09 GMT June 4, 2020
ECB LAGARDE PONZI MAFIA
Reply
ECB to increase the volume of PEPP to 1.5 trillion and extend its duration with a few years if not making this program permanent as happened with most of its previous programs.
ECB wants to go deeper on negative rates to help finance the gigantic deficits all European governments are creating.
While negative rates are helping the ECB itself and deficit spenders, negative
rates are hurting everybody else. European banks, European savers,
insurance companies, pensioners, and so on.
So instead of taking the logical decision to stop with negative rates, the ECB will come up with another complicated system whereby certain bank deposits will not be taxed by negative rates
ECB has been a catastrophe for European citizens.
- Negative interest rates on bank deposits. So banks advise their clients to put the money in Money Market Funds so that they do not have to pay the ECB
- Bonds in Euro which give no or negative interest rates
- Stock markets which are so volatile that several senior European savers/investors suffered heart attacks and died
So only alternative left is European real estate which has been rising rapidly and brings in stable return.
Problem is that the same advisers who told the ECB to go negative on rates have also become major investors in European real estate driving prices up to levels European citizens can no longer afford.
BlackRock, Blackstone, KKR have become major investors in European real estate borrowing cheaply thanks to the ECB and renting out expensively the real estate they bought.
So the ECB is a cash machine for some and a problem for the European middle class.
HK Kevin 06:19 GMT June 4, 2020
Wednesday Amazing Trader 3 June 2020
Mooved stop to b/e, 1st t/p 1.2485-95. Also hold short AUD and short EUR/CHF position from yesterday (not posted)
HK Kevin 15:51 GMT 06/03/2020
Mtl JP 15:39 GMT 06/03/2020, possibly I may be the fool jester in your story.
Sold GBP at 1.2605 as planned with tight stop.
Amman wfakhoury 05:53 GMT June 4, 2020
EURUSD 11215
Chen AMI 05:45Chen AMI 05:45 GMT 06/04/2020
You are welcome ...the EURUSD signal still active.
Amman wfakhoury 05:52 GMT June 4, 2020
GOLD 1690
Amman wfakhoury 18:05 GMT 06/03/2020
Just reverse the signal :
Unless it closed below 1690 then 1705 and 1722 will be seen.
____________________________________
1705 reached ..keeps below it 1690 will be reached again.closed above it 1715 will be reached then 1722.
Chen AMI 05:45 GMT June 4, 2020
EURUSD 11215
You are great sir! Hats-off to your signals :)
Could you provide any other positive signals for earnings
Amman wfakhoury 05:16 GMT June 4, 2020
EURUSD 11215
Reply
Amman wfakhoury 19:49 GMT 06/03/2020
11260 ,keeps below this means 11215 will be reached
______________
Minneapolis DRS2 19:48 GMT 06/03/2020 - My Profile
Nobody can say where price is going... Go ahead and buy .....
_________
You are right but there is only one
The only one in the world who confirms the next level and every hour movement
dc CB 01:28 GMT June 4, 2020
First Hand Accounts of US Situation
Paris ib 10:53:44 GMT
thot experiment.
*take the Bottled-Up talent if the image factory---Locked down with no outlet no money no movies in production (at 50mil average per)
Well, the only way you won't starve is IF you agree to work in our version of Reality TV.
You get a ton of Chilling Set/Lines/Casting lists.
Roll out Regularly, like those Sat kids movies theater specials ---the Creature from the... Double Billed with It Came From Outer Space...The Slime Bucket.
We're ready...just PAY US....
Yours truley
The Average Hollywood Worker Bee Socialist Society.
dc CB 00:29 GMT June 4, 2020
First Hand Accounts of US Situation
'Why a Duck?' Chico Marx to Groucho. Marx Brothers: The Cocoanuts.
Alice...Alice. Are you there Alice?
I'm here Dorothy. Where are you?
__________________________________
Hundreds of ‘looters’ to be cut loose without bail
“Because of bail reform, you’re back out on the street the next day. You cannot be held on any sort of bail. I spoke to (Manhattan District Attorney) Cy Vance about that. He told me there was nothing he could do,” he added.
NY Post
We are starting an affiliate program to market some of our products.