Mtl JP 23:56 GMT June 11, 2020
Thursday Amazing Trader 11 June 2020
SnP 3031 - now bit of a rebound
off the 3K price line
something about round numbers in the human psyche:
31K initially would be nice
dc CB 21:15 GMT June 11, 2020
Thursday Amazing Trader 11 June 2020
Update (1645ET): As Houston vies for LA and Phoenix to succeed NYC as America's biggest COVID-19 hot spot, the Houston Chronicle reports that health officials may reopen a COVID-19 hospital while officials weigh whether to reimpose a stay at home order. Such a move would undoubtedly rattle stocks, even after Thursday's massive dive.
The move to reopen a designated COVID-19 hospital comes as hospitalizations due to the virus have reached their highest levels since the outbreak began.
ZH
dc CB 20:46 GMT June 11, 2020
Covid College
Reply
WashPost
Masks required and fewer parties (allegedly): What college will look like this fall.
__________________________________
Will people still pay $65K a year for this?
Linked
Minneapolis DRS2 20:16 GMT June 11, 2020
TRUMP
"The next guy sending Trump to jail" is a juvenile fantasy, albeit one that is shared by a lot of people.
It is helpful to recognize a fact that few in US society want to face...that America is Balkanizing into factions that have grown to hate each other.
Donald Trump will be the last US president to be elected for a while. Everyone should be joyful that he is the president right now, for both good and bad. Because after he leaves office, there will be a horrendous power struggle that could very easily wreck the US.
From a trading perspective, what does this mean? How about currency risk? Loss of private property rights? Unequal application of laws? A society based not on equality under the law (flawed as it may be), but one based on victimhood and vengeance?
There is your trading opportunity.
AT Trader john 20:13 GMT June 11, 2020
Friday Amazing Trader 12 June 2020
LATE Thursday RISK-OFF
DJ: 25,128 -1862
SP: 3,002.1 -188.0
2-yr 0.179% 0.0 bps
Spread 10s-2s +51.8 bps (+57.3bps)
10-yr
US: 0.652% -8.6
UK: 0.196% -0.3
DE: -0.421% -0.5
EURUSD MACRO TREND: STRONGLY HIGHER
Spots (Pivot Point prev day)
EURUSD 1.1304 (1.1335)
GBPUSD 1.2595 (1.2647)
EURGBP 0.8971 (0.8969)
USDJPY 106.83 (106.89)
THIS Week 1.1422-1.1242 (180 pips)
thu: 1.1403-1.1299 (104)
wed: 1.1422-1.1328 (94)
tue: 1.1365-1.1242 (118)
mon: 1.1320-1.1269 (51)
fri: 1.1384-1.1279 (105)
Sign up now for your invaluable report
How To Turn Your Forex Trading Into A Business
20-day avg: 1.1093
50-day avg: 1.0951
100-day avg: 1.0968
200-day avg: 1.1019
Global-View Daily Trading Chart Points
london red 19:53 GMT June 11, 2020
TRUMP
CB. the nxt president can make it happen. police are wondering about their immunity right now. besides why take the risk. he loves the limelight too much anyway. and how would we go back to having normal folks running office. it would be just too boring.
dc CB 19:44 GMT June 11, 2020
TRUMP
Can't happen to any Ex Presdent
london red 19:39 GMT June 11, 2020
TRUMP
CB, its the ultimate reality show for him. besides hed better stay in office long enough to die there or the next guy will send him to jail. TINA lol
dc CB 19:37 GMT June 11, 2020
TRUMP
What If----he's decided WTF needs this...let the chips fall...if I lose in Nov so be it.
That would be a twist for the final episode The Apprentice The White House Season 4.
roil some markets that.
(YODA)
london red 19:31 GMT June 11, 2020
Thursday Amazing Trader 11 June 2020
stocks. i sell small buy lrg. nothing else works since gfc. just gotta have the patience to wait for the dips. it comes n goes, but ya try to keep it ;)
AT Trader john 19:30 GMT June 11, 2020
Friday Amazing Trader 12 June 2020
GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium
Fri 12 June 2020
A 08:30 GB- Output, Trade, GDP
C 12:30 US- Import Prices
AA 14:00 US- Prelim Univ of Michigan
Israel MacroMicro 19:25 GMT June 11, 2020
Thursday Amazing Trader 11 June 2020
hehehe you can be dramatic
May's low, June's high , the range.
don't be greedy and make money both ways.
london red 19:19 GMT June 11, 2020
Thursday Amazing Trader 11 June 2020
no retailers left to buy. after todays crash they all left their houses to fill job applications at the local 7-11
Minneapolis DRS2 18:32 GMT June 11, 2020
EUR/USD
Kevin It's kind of a tossup at this point (ain't it always). I am slightly long at this point and will hold on for a while. Whichever way price goes, I would expect a local maximum or minimum to hit on Monday or Tuesday, with a move in the opposite direction during the rest of next week.
This is all speculative based on present market behavior.
london red 18:28 GMT June 11, 2020
Thursday Amazing Trader 11 June 2020
weve done mid mays pullback in about a day, which may be enough, but you like a nice tail on the candle if its tomorrow.
powell said its ok the buy stocks, so they did. once they have all been called, its ok to buy stocks again.
Israel MacroMicro 18:10 GMT June 11, 2020
EUR/USD
yes Kevin, 61.8% of last week will do for this week. next week a new opera :)
good trades
Israel MacroMicro 18:07 GMT June 11, 2020
Thursday Amazing Trader 11 June 2020
red, your bearish stand for today is probably far too bearish. I mean the close today. tomorrow this market will not trade 2% under today's low. imo
HK Kevin 18:07 GMT June 11, 2020
EUR/USD
Minneapolis DRS2 17:32 GMT, EUR just break support 1.1328 of the rising channel at hourly chart. Better wait for 1.1220-1.1250 if u really want to buy.
dc CB 18:06 GMT June 11, 2020
Thursday Amazing Trader 11 June 2020
red: lockdown
if the Bolshevicks win power. the 'lockdowns' will have a different set of reasons. by the way the Gov of Pennsylvania still has a lockdown in effect in the eastern counties -- Philadelphia et al
Mtl JP 18:06 GMT June 11, 2020
TRUMP
CB 17:53 rofl
they print their own money too ?
london red 18:00 GMT June 11, 2020
Thursday Amazing Trader 11 June 2020
at this rate they can close 2865 gap tomorrow and still close abv the 200dma.
3013/3000/2956/2865. think thats enough any more is a bonus as u dont expect them to do it in weeks but days.
dc CB 17:53 GMT June 11, 2020
TRUMP
Seattle's new "autonomous zone" - a six-block area established by protesters after the police and National Guard pulled out of city's Capitol Hill neighborhood - now has a 'heavily-armed' warlord, and he's already enforcing his streets.
Soundcloud rapper Raz Simone and his entourage have claimed the Capitol Hill Autonomous Zone (CHAZ) as their territory - and have already been filmed regulating when a man wouldn't stop spraying graffiti over an urban art installation, telling him "We are the police of this community now!"
Governor Clueless
Minneapolis DRS2 17:32 GMT June 11, 2020
EUR/USD
Reply
Start buying EUR/USD at 1320...
Mtl JP 17:06 GMT June 11, 2020
TRUMP
CBs create opportunities
PAR 16:44 GMT June 11, 2020
TRUMP
Reply
Trump has a point. Central bankers are usually wrong, in the USA and definitely in Europe.
They are the priests of doom and gloom while never solving the problems created by their own super expansive policies.
london red 16:37 GMT June 11, 2020
Thursday Amazing Trader 11 June 2020
37,25 neck test on brent cfd coming up. can fall hard thru there but may be a bridge too far today to close below. 35-36 poss tomorrow on continuation but the on close number imp tomorrow///37.25
HK Kevin 16:33 GMT June 11, 2020
Thursday Amazing Trader 11 June 2020
Minneapolis DRS2 15:40 & London Red, agree no sell signal of EUR in daily chart. Right now, JPY, CHF and EUR are benefited from the plunge of stock market. However, if EUR makes 3 try to break the upside channel resistance and fail, that means an alert of downside risk.
london red 16:33 GMT June 11, 2020
Thursday Amazing Trader 11 June 2020
zero chance anyone is doing shutdown again even if numbers get worse than before. they have seen what happens to regular folks and that they cant help them so they will let things take their natural course apart from some distance restrictions.
london red 16:21 GMT June 11, 2020
Thursday Amazing Trader 11 June 2020
JP a lot of the good stuff that u can see on other side they are still holding on to today with slight up/flat or small losses today. they may squeeze those tomorrow and then that may be close to it. monday could be mixed with a higher finish or may drag into tuesday.
london red 16:19 GMT June 11, 2020
Thursday Amazing Trader 11 June 2020
snp just under last months high now, the low is still 300 pts away so plenty or room to move without doing much damage. nearby we have 200dma at 3013 but immediately nearby is 3054 the 38.2 of 2750/3250.
Mtl JP 16:17 GMT June 11, 2020
Thursday Amazing Trader 11 June 2020
just trivia
-
Walmart's stock is the only one of the Dow industrials 30 trading in positive territory in Thursday's stock-market rout - MarketWatch
--
hmm... rout, eh ?
See IF it is just a corrective dip instead with the zimbabwean fed with their back-stop on stand-by
Mtl JP 16:06 GMT June 11, 2020
Thursday Amazing Trader 11 June 2020
red 15:50 that is similar to outfits that renamed selves on an exchange to include the word "green" and ... BOOM ! stock rockets multiples
but what is the peasantry seeking return in an age of powell and gang to do?
Opinion: Rampant speculation in the stock market � you ain�t seen nothing yet.
Thank the Federal Reserve
AT Trader john 15:59 GMT June 11, 2020
Friday Amazing Trader 12 June 2020
Reply
GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium
Fri 12 June 2020
A 08:30 GB- Output, Trade, GDP
C 12:30 US- Import Prices
AA 14:00 US- Prelim Univ of Michigan
Mtl JP 15:59 GMT June 11, 2020
Thursday Amazing Trader 11 June 2020
as DJIA off -1150 or ~ -4.30%
sharp-eyed and witty that
Donald J. Trump
@realDonaldTrump
�
47 min
The Federal Reserve is wrong so often. I see the numbers also, and do MUCH better than they do. We will have a very good Third Quarter, a great Fourth Quarter, and one of our best ever years in 2021. We will also soon have a Vaccine & Therapeutics/Cure. That�s my opinion. WATCH!
london red 15:45 GMT June 11, 2020
Thursday Amazing Trader 11 June 2020
euro is unwillingly moving lower as stocks hit new lows, but its not making lows itself, that tells u something. euro will be fine unless under 11320, then they will fight over who is first out. while stock losses within expectations and not a rout, euro likely to see dip buying.
Minneapolis DRS2 15:40 GMT June 11, 2020
Thursday Amazing Trader 11 June 2020
EUR risk of downside is imminent? I like EUR downside too, but to say it is imminent is IMHO a bit presumptuous.
Right now price is consolidating between 1340 and 1400, and in an even tighter range between 1380 and 1400. Judging from the current charts, it looks like if another trendline test occurs immediately, then EUR/USD will get sold back down from 1440 or 1450.
For speculative purposes only, I would expect further tests tomorrow (end of week news) or Monday (Jay's Monday effect). Whatever high is hit (probably 1500 or more) will set a high for the rest of next week.
That does not mean that 1500 will be the all time high, or the YTD high or whatever high. It just means that there will be a lot of selling around 1500 and you can make a reasonable profit.
HK Kevin 15:00 GMT June 11, 2020
Thursday Amazing Trader 11 June 2020
EUR has tested 3 times the trendline resistance of the upward channel at around 1.14. Risk of downside is imminent
Mtl JP 13:13 GMT June 11, 2020
Thursday Amazing Trader 11 June 2020
..."does anyone still care about the covid-19 stuff?"...
players, apparently, do
koreans and some US states are seeing an uP count in new cases
london red 13:01 GMT June 11, 2020
EURUSD
looking fwd to seeing how those folks at nkla are doing. the second leg of the chair goes today.
london red 13:00 GMT June 11, 2020
EURUSD
stox dwn usd up. nothing changes.
Mtl JP 12:58 GMT June 11, 2020
EURUSD
I blame the DLR (it has a slight bid - Q is why)
it is his fault that GBP is down (because the DLR is not selling off)
just as EURO too is languishing
london red 12:54 GMT June 11, 2020
EURUSD
viies and others ummed up nicely. 11320/30 line in sand. euro wants to move higher on poor usd mechanics but gets hampered by risk off. so folks are buying sups rather than chasing higher (ie specs not yet involved, this is usable info). 11415 top side springs attempt at 115 option barrier. remember those folks buying the big aug 11750 calls?
Belgrade Knez 12:51 GMT June 11, 2020
EURUSD
Reply
london red
can you give your view about eurusd, please?
thank you
london red 12:49 GMT June 11, 2020
BREAKING NEWS
snp channel 3082 off lows. may go below but prob it will close at there or higher if move under 3030 avoided. move to that channel at 3082 fills most gaps leaving only sub 3k gaps, three of note but of no interest here unless goes under 3k.
london red 12:38 GMT June 11, 2020
BREAKING NEWS
oil ship has set sail brent may find sup by 37.25. may req 35/36 but once tests neck of inverse shs at 37.25 may see bounce and at which point will be no doubt heslthy pullbacks in some oil majors.
AT Trader john 12:34 GMT June 11, 2020
BREAKING NEWS
Weekly Jobless Claims
ALERT
+1.542mln vs: +1.55mln expected vs. +1.877mln (r 1.897mln)
=====================
U.S. PPI May 2020
NEWS ALERT
Final Demand: -0.80% vs. -1.20%% exp. vs. -1.20% (r. ) prev.
Core:
=0.30% vs. +0.40% exp. vs. +0.60% (r. ) prev.r />
RELEASE: Producer Price Index
PAR 12:28 GMT June 11, 2020
ECB LAGARDE PONZI MAFIA
Reply
Negative and low-interest rates creating zombie firms, DB says: One side effect of central banks keeping rates low for a long time is that it interferes w/process of creative destruction and keeps more unproductive firms alive, which ultimately lowers long-run growth rate of the economy.
haifa ac 10:52 GMT June 11, 2020
Thursday Amazing Trader 11 June 2020
U.S. DEATHS: 112,924...
more that Korean, Vietnam and Gulf wars combined
Almost as WWI deaths (116.000)
who would have thunk that this will look insignificant compared to the crimes of Robert E Lee , Churchill and Clark Gable.
london red 10:42 GMT June 11, 2020
Thursday Amazing Trader 11 June 2020
brent holding up pretty well considering...i wonder if the merikans sell it off once they come in. 35-36 bucks seems about right for a pullback in line with other assets.
Mtl JP 10:36 GMT June 11, 2020
Thursday Amazing Trader 11 June 2020
96.10
-
DLR altho sub 96.50 earleir S, it is still holding above 96
puppy needs to break that if it is to have a crack at
94.65 the early march low
kl fs 10:15 GMT June 11, 2020
Thursday Amazing Trader 11 June 2020
yeah damnguaranteed more and bigger waves coming...about time mother nature rebalances things, need to get rid of some of the human population
Tallinn viies 10:07 GMT June 11, 2020
eurusd
Reply
NYC low yesterday was 1,1322. euro tested it today in Asia early european hours and bounced from 1,13255.
took out asian high 1,1395.
european high so far 1,14015. need to get above NYC high 1,14225 from yesterday to get things going again.
if previous day high at 1,14225 taken next TARGET yearly high at 1,1495.
Minneapolis DRS2 10:00 GMT June 11, 2020
Thursday Amazing Trader 11 June 2020
After all the rioting that has taken place in the US, does anyone still care about the covid-19 stuff?
Here in the upper midwest, people have no appetite for "reinstituting earlier precautions" after all the s*** that just went down.
From a financial and trading perspective, it might be more practical to worry about the effects of an economy that is draining of actual participants.
AT Trader john 09:55 GMT June 11, 2020
Thursday Amazing Trader 11 June 2020
One other thing to watch is worry about a second COVID-19 wave in the U.S. There have been a number of outbreaks in states not earlier affected. It might be time to re-institute some if the earlier precautions. People tend to have short memories...
Mtl JP 09:53 GMT June 11, 2020
Thursday Amazing Trader 11 June 2020
john 09:38 and so-far apparently not putting much reward into
�We�re not thinking about raising rates,� Fed Chairman Jerome Powell said in a press conference. �We�re not even thinking about thinking about raising rates."
Minneapolis DRS2 09:45 GMT June 11, 2020
EUR/USD
Reply
Price is currently consolidating in a trading range, probably in preparation for a move to 1500 on Friday maybe?
For now, start buying around 1360 and start selling around 1400-1420. This should be considered a short-term scalping trade, so adjust your entries and exits accordingly.
london red 09:40 GMT June 11, 2020
Thursday Amazing Trader 11 June 2020
standing still is going backwards. this is what powell has conditioned mkt to. no new action is seen as a negative. but they will do more going forward so its still btfd c 3k.
AT Trader john 09:38 GMT June 11, 2020
Thursday Amazing Trader 11 June 2020
Good Question Re:Powell. He might be wondering himself. His message seemed to be yesterday that the economic recovery would be gradual. It has taken the markets a while to digest what he said. Note in the table below that interest rates and equities have fallen. There has probably been too much euphoria in stocks? All I can suggest is to play this by ear.
Minneapolis DRS2 09:38 GMT June 11, 2020
Thursday Amazing Trader 11 June 2020
Why does the sun rise in the morning?
Why does the moon come out at nite?
The market is throwing you peaches! Enjoy them and make the trade already.
And if you really want to know what Jerome (I love how we're all on a first name basis with some guy we haven't met) is up to, he's pulling whatever levers he has to in order to keep the financial structure from falling down. We are all still here to enjoy those peaches, so no...he didn't do anything wrong.
AT Trader john 09:09 GMT June 11, 2020
Thursday Amazing Trader 11 June 2020
Thursday RISK-OFF
DJ: 26,973 -636
SP: 3,128.1 -60.1
2-yr 0.169% -0.1 bps
Spread 10s-2s +51.8 bps (+57.3bps)
10-yr
US: 0.687% -6.1
UK: 0.221% -4.8
DE: -0.387% -5.6
EURUSD MACRO TREND: STRONGLY HIGHER
Spots (Pivot Point prev day)
EURUSD 1.1386 (1.1377)
GBPUSD 1.2698 (1.2757)
EURGBP 0.8965 (0.8910)
USDJPY 107.12 (107.35)
THIS Week 1.1422-1.1242 (180 pips)
thu: 1.1395-1.1325 (70)
wed: 1.1422-1.1328 (94)
tue: 1.1365-1.1242 (118)
mon: 1.1320-1.1269 (51)
fri: 1.1384-1.1279 (105)
Sign up now for your invaluable report
How To Turn Your Forex Trading Into A Business
20-day avg: 1.1062
50-day avg: 1.0940
100-day avg: 1.0965
200-day avg: 1.1017
Global-View Daily Trading Chart Points
Mtl JP 08:55 GMT June 11, 2020
Thursday Amazing Trader 11 June 2020
an update coming up:
according to concensus expectation
11/06/20 12:30 A US Weekly Jobless con: 1.55mln pre: 1.877mln
AT Trader john 08:54 GMT June 11, 2020
Thursday Amazing Trader 11 June 2020
GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium
Thu 11 June 2020
A 12:30 US- Weekly Jobless
A 13:30 US- PPI
Fri 12 June 2020
A 08:30 GB- Output, Trade, GDP
C 12:30 US- Import Prices
AA 14:00 US- Prelim Univ of Michigan
Belgrade Knez 07:53 GMT June 11, 2020
EU economy
Reply
Bad economy situation during corona virus in European Union is pure mistake by European Union.
Many people got fired and many company lost their business because EU didn't act at the time. If they 'inject' all this billions and billions euros in to economy few months ago when many company started to suffer, instead of now, there would't be problems like they having now. Now need to recover instead of preventing to come to this situation.
PAR 07:42 GMT June 11, 2020
ECB LAGARDE PONZI MAFIA
Reply
Negative rates, volatile stock markets, doom and gloom comments from central banks make Europeans save more and more while European governments spend more and more.
Too negative interest rates for too long are seriously destroying the European economy.
Amman wfakhoury 06:31 GMT June 11, 2020
EURUSD 11435
Amman wfakhoury 19:25 GMT 06/10/2020
11435 is coming ..if keeps above 11365.
_____________________________________
below 11365 ..our previous signals will be activated 11350-11270 ...
11215-11145
Amman wfakhoury 06:27 GMT June 11, 2020
GOLD
Reply
Unless it closed above 1730 and keeps above it ,then 1720 .will be reach the will continue our previous signal 1715-1705 1690.
The only one in the world who confirms the next level and every hour movement
Central Kwun 02:36 GMT June 11, 2020
After FOMC, Gold is bullish
Reply
Sell Gold
Entry: 1732 Target: Stop:
yesterday one was closed at 1710, lucky, now change to buy
dc CB 02:06 GMT June 11, 2020
eurusd
'Is it because '
dc CB 18:42 GMT 06/10/2020
the Desk plans to continue to increase SOMA holdings of agency CMBS
those CMBS that were allowed to be constructed and sold(to Pension Funds). Contain mortgages from BlueChip Flagship properties at the 'top tier' --- just like the in the 'oughts' the housing bust.
So- last week...even after COVID --- the FlagShip Store on 5th Ave NYC. HIRES un-gelded pitbulls to protect their plywood covered windows.
Cue PowPow et al.
enjoy the 7 pic slide show - June 2 2020
NY Post last week
dc CB 00:36 GMT June 11, 2020
eurusd
'Is it because '
White privilege refers to societal privilege that benefits
Google it...or watch any US MSM broadcast
Mtl JP 00:22 GMT June 11, 2020
eurusd
viies 23:17 so far
-
It is interesting to ponder why it is the FED that is a buyer of everything
Is it because folks that make up the freemarket do not
- share the same view as the few folks that make up the FED or
- have savings which to allocate to investing ?
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