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Forex Forum Archive for 07/02/2020

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Israel MacroMicro 22:50 GMT July 2, 2020
this is good one...



Elon for president :)

Mtl JP 22:30 GMT July 2, 2020
this is good one...

CB 18:11 growing popularity of first to corona infect betting pools
among the young 'uns

AT Trader john 20:08 GMT July 2, 2020
Friday Amazing Trader 3 July 2020

Late Thursday: MIXED RISK
DJ: 25,827 +92
SP: 3130.0 +14.2

2-yr 0.159% -0.5 bps
Spread 10s-2s +51.2 bps (+51.2bps)
10-yr
US: 0.671% -1.1
UK: 0.186% -2.6
DE: -0.428% 0.0

EURUSD MACRO TREND: NEUTRAL
Spots (Pivot Point prev day)
EURUSD 1.1230 (1.1252)
GBPUSD 1.2460 (1.2482)
EURGBP 0.9010 (0.9015)
USDJPY 107.58 (107.54)

This Week 1.1303-1.1185 (118 pips)
thu: 1.1303-1.1224 (79)
wed: 1.1276-1.1185 (91)
tue: 1.1262-1.1191 (71)
mon: 1.1289-1.1217 (72)
fri: 1.1240-1.1196 (44)

20-day avg: 1.1266
50-day avg: 1.1066
100-day avg: 1.1006
200-day avg: 1.1036

Global-View Daily Trading Chart Points





dc CB 19:47 GMT July 2, 2020
this is good one...

beach time: enjoy the weekend---er er er er try to enjoy the weekend.
__________________________

A caravan of protesters, some carrying plastic pitchforks, gathered outside two Southampton billionaires' homes Wednesday, one owned by former New York City Mayor Michael Bloomberg, to demand that wealthy New Yorkers pay higher taxes amid statewide revenue shortfalls.

The protesters called for Gov. Andrew M. Cuomo to raise taxes on the state�s 118 billionaires to help make up for a gaping revenue shortfall that has left state and local governments reeling from the coronavirus pandemic. They also called for the billionaires and the state to recognize Indigenous land rights, including the Shinnecock Indian Nation's claim to Shinnecock Hills and surrounding territory.

The group, which included Shinnecock Indian Nation members, New York Communities for Change, the New York Taxi Workers Alliance, the Long Island Progressive Coalition and the Poor People�s Campaign LI, cited Forbes figures that estimate billionaires statewide have seen their collective net worth increase by $44.9 billion from March 18 to May 15.

More than 100 people gathered outside Bloomberg's Southampton mansion Wednesday, where they referred to him as a "looter."

Southampton protesters demand higher taxes for Bloomberg, other billionaires

dc CB 18:11 GMT July 2, 2020
this is good one...

Fauci: Coronavirus �Allowed� to Perpetuate in U.S. Because Only �50% of the Country Locked Down�

Thursday during a radio interview with the BBC, National Institute of Allergy and Infectious Diseases director Anthony Fauci said the United States is facing a resurgence of the coronavirus because �even in the most strict lockdown, only about 50% of the country locked down.�
_________________________________________________
Experts fear July 4 weekend will exacerbate coronavirus spread

https://thehill.com/policy/healthcare/505532-experts-fear-july-4-weekend-will-exacerbate-coronavirus-spread
___________________________________________________

Health experts say there is little evidence that the protests sparked by George Floyd's death caused a significant increase in U.S. coronavirus infections.

https://www.latimes.com/science/story/2020-07-01/experts-see-little-evidence-that-protests-spread-coronavirus

GVI Forex Blog 16:51 GMT July 2, 2020
Chart Points: Free Forex Database For 2 July 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 2 July 2020

Mtl JP 16:34 GMT July 2, 2020
Buy mood

The "difference it makes" is that
IF one posts a cherry-picked selection from their book,
one should have no objection to posting their whole book
and ... also make it available for independent audit

HK Kevin 16:33 GMT July 2, 2020
Buy mood

I appreciate wfakhoury's robot prediction. For a trader, we trade on our own money and trade based on our own judgement of price movements.

Israel MacroMicro 16:13 GMT July 2, 2020
Buy mood

so what difference it makes for most of us if WFAK makes his fortune with trading or selling rights for Netflix series?

therefore, for me WFAK is ultra #1

Israel MacroMicro 16:10 GMT July 2, 2020
Buy mood

Mtl JP 15:24

during anno 2020 levels or fantasy really makes no difference, in one case the incomes is from trading and the other from selling right for a Netflix series :)

Israel MacroMicro 16:06 GMT July 2, 2020
Buy mood

GVI Forex 15:44

no hard feelings :)

'only when the wanna be trader gets over hard feelings than that one becomes a trader for real' - MaMi :)

meaning, first one must learn to stand people with their various views and approaches before even daring to stand the market. the path to profits must be starting with such. imo

GVI Forex 15:44 GMT July 2, 2020
Buy mood

Macro one of our staff inadvertently deleted your post.

london red 15:29 GMT July 2, 2020
Buy mood

snp gap fill within a whisker. below 3127 trouble but double bottom in play with base at 3k neck c 3155. while 3k in play upside still apparent. below 3k they got probs.

Mtl JP 15:24 GMT July 2, 2020
Buy mood

MacroMicro 14:50 - how d assess

link a or link b

for levels of fantasy ?

AT Trader john 15:12 GMT July 2, 2020
Friday Amazing Trader 3 July 2020
Reply   

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

Fri 3 July 2020
US- Holiday
Final Service PMIs all day


Mtl JP 15:06 GMT July 2, 2020
this is good one...

this is good one ...
-
If it's close � watch out': Biden says he has 600 lawyers ready to fight election 'chicanery' by Trump

with so many pigs at the tit fighting for milk...
it would likely take 4+ years to "fight election 'chicanery' "

Mtl JP 14:45 GMT July 2, 2020
Buy mood

or lack of new n massive gov't / fed's maah..ney

GVI Forex 14:40 GMT July 2, 2020
Buy mood

Covid 19 new cases weighing on risk

Mtl JP 14:30 GMT July 2, 2020
Buy mood

SnP 3156 high, now puking
only Q how furious n how deep

Mtl JP 14:28 GMT July 2, 2020
Buy mood

GBP 1.25 -ish
-
Big differences at Britain-EU trade talks, Barnier-Frost meeting off
- Reuters Jul 02, 2020

BRUSSELS � Britain and the European Union (EU) failed to make progress in talks on post-Brexit relations this week due to major differences and called off a one-on-one meeting between their chief negotiators, officials said on Thursday. .../..

GVI Forex 13:38 GMT July 2, 2020
Buy mood

WFak. As I said we are not in competition as there are many approaches to trading.

SMV Ternopil, if you find his signals helpful why don't you subscribe?

SMV Ternopil 13:32 GMT July 2, 2020
Buy mood

Your signal really good and help me and I think it is good not only for me.

Amman wfakhoury 13:22 GMT July 2, 2020
Buy mood

It will go up ..I said it will go down .
and this is my last reply ..as my signals conflict with AT and this is not good ..I will stop posting here

SMV Ternopil 13:17 GMT July 2, 2020
Buy mood

but it looks like SELL MOOD or it will go back up?

Mtl JP 13:14 GMT July 2, 2020
Thursday Amazing Trader 2 July 2020

GBP 1.2479
-
puppy taking a bit of breather from its recent rally to N of 1.25
and into tom's love-session between frost and barnier and
ahead of july 4th �Super Saturday� when boris allows hospitality ind (pubs, restaurants and hotels) to reopen

Amman wfakhoury 13:06 GMT July 2, 2020
Buy mood

This was my last post here.
Thanks everyone.

Mtl JP 12:58 GMT July 2, 2020
BREAKING NEWS



but the Supreme Qtn appears to be about
london red's 12:33 Buy mood

Do they, will they, want to enthusiasticly load uP and N of 3150-55 curr Res into the long week-end

Mtl JP 12:46 GMT July 2, 2020
BREAKING NEWS

lower cost of labour
(Avg earnings: -1.20% vs. -0.50% exp)
should mean better productivity (ie. profitability) for buzinesses

AT Trader john 12:42 GMT July 2, 2020
BREAKING NEWS

Weekly Jobless Claims



ALERT
+1.472mln vs: +1.3mln expected vs. +1.430mln

AT Trader john 12:39 GMT July 2, 2020
BREAKING NEWS

U.S. Employment June, 2020





ALERT

NFP Jobs:
+4.8mln vs. +3.0mln exp. vs. +2.5mln (r2.699) prev.
Rate:11.10%vs. 12.30% exp. vs. 13.30% prev.

Avg earnings: -1.20% vs. -0.50% exp. vs. -1.00% prev.
BLS: Employment Situation Summary


london red 12:33 GMT July 2, 2020
Buy mood

if abv 0.70 on the 10 then its houston we have a prob for those long bonds
s&p testing crucial 3150/55 if abv then 3185/90 probable. if not (3150/55 unbroken) then 3127 again.

Mtl JP 12:31 GMT July 2, 2020
Thursday Amazing Trader 2 July 2020

NFP 4.8 vs con: 3.0mln

Israel MacroMicro 12:28 GMT July 2, 2020
ECB LAGARDE PONZI MAFIA

ALERT
Entry: Target: Stop:

98% of comments show nervous traders around here

100% of times WFAK remains attached to trading as the market dictates

my observation:)

Mtl JP 12:13 GMT July 2, 2020
ECB LAGARDE PONZI MAFIA

so d'ya think G-V should update their
"The Forex Forum features:
Novice to professional traders from over 160 countries in a friendly, non-intimidating atmosphere. Live discussions of forex trading." ?

Minneapolis DRS2 11:55 GMT July 2, 2020
ECB LAGARDE PONZI MAFIA

"Traders trade numbers. Not screaming wishes / "advice" about what some policy should or not be."

Then it would seem that NOBODY on GV is a trader!

BAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

Mtl JP 11:12 GMT July 2, 2020
ECB LAGARDE PONZI MAFIA

whether a number has a + or - in front of it matters to financial engineers in a very different way than it does to would-be policy-making philosophers.

Traders trade numbers. Not screaming wishes / "advice" about what some policy should or not be.

Amman wfakhoury 10:41 GMT July 2, 2020
Buy mood
Reply   
EURUSD and GBPUSD into buy mood with possibility to touch again 11262 and 12491

PAR 10:25 GMT July 2, 2020
ECB LAGARDE PONZI MAFIA

If the ECB wants to help European banks she should stop her stupid and devastating NEGATIVE INTEREST RATE POLICY.

NIRP is like gangrene and is slowly killing the whole private European financial and banking system.

Amman wfakhoury 10:23 GMT July 2, 2020
EURUSD 11295 11279 11262 11257
Reply   
Profitlevels announcement

EURUSD 11295 11279 11262 11257


PAR 10:19 GMT July 2, 2020
ECB LAGARDE PONZI MAFIA

More bank consolidation will mean less customer service, higher tariffs, and less competition.

Something is wrong with the ECB thinking?

AT Trader john 10:19 GMT July 2, 2020
Thursday Amazing Trader 2 July 2020

Forecasts for U.S. employment data today are all over the place due to acknowledged significant errors in the previous report. Look for the May data to be revised weaker. There is a lot of uncertainty overhanging the June data as well. Once the dust settles, we could have a better idea if a "V" shaped recovery is possible.

U.S. bond market trading closes early today at 18:00 GMT (14:00 EDT), ahead of the Friday holiday.

swiss frank 10:04 GMT July 2, 2020
Euro
Reply   
Coming into some resistance here 1.1300-1.1350. Reading thru some of the comments below doesn't invoke much confidence in it holding. Daily close above 1.1350 opens the door to 1.1550.

Meanwhile Happy Independence (soon to be renamed?) Day weekend!

Mtl JP 09:34 GMT July 2, 2020
Amdox firing 900

they announced that on Jul 10th.
but still w/~ 9000 overhead count payroll

Mtl JP 09:20 GMT July 2, 2020
this is good one...

abel 06:27 - on which side u want to bet ?

AT Trader john 09:14 GMT July 2, 2020
Thursday Amazing Trader 2 July 2020

Thursday: RISK ON?
DJ: 25,868 +261
SP: 3129.4 +23.7

2-yr 0.162% -0.2 bps
Spread 10s-2s +51.2 bps (+51.9bps)
10-yr
US: 0.674% -0.8
UK: 0.199% -1.3
DE: -0.407% -0.7

EURUSD MACRO TREND: NEUTRAL-POSITIVE
Spots (Pivot Point prev day)
EURUSD 1.1294 (1.1239)
GBPUSD 1.2518 (1.2442)
EURGBP 0.9020 (0.9039)
USDJPY 106.50 (107.67)

This Week 1.1303-1.1185 (118 pips)
thu: 1.1303-1.1247 (56)
wed: 1.1276-1.1185 (91)
tue: 1.1262-1.1191 (71)
mon: 1.1289-1.1217 (72)
fri: 1.1240-1.1196 (44)

20-day avg: 1.1271
50-day avg: 1.1057
100-day avg: 1.1002
200-day avg: 1.1034

Global-View Daily Trading Chart Points





Amman wfakhoury 09:06 GMT July 2, 2020
GBPUSD12487 12513 12523 12541 12550
Reply   
Profitstations announcement
12487 12513 12523 12541 12550


The only one in the world who confirms the next level and every hour movement

AT Trader john 09:04 GMT July 2, 2020
BREAKING NEWS

EZ PPI May 2020




ALERT

-0.60% vs. -0.40% exp. vs. -2.00% (r ) prev.




haifa ac 09:03 GMT July 2, 2020
Amdox firing 900
Reply   
more and more companies do same. This is not going to end soon.

AT Trader john 08:29 GMT July 2, 2020
Thursday Amazing Trader 2 July 2020

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

Thu 2 July 2020
A 09:00 EZ- PPI
AA 12:30 US- Employment
A 12:30 US- Weekly Jobless
A 12:30 US/CA- Trade
A 14:30 US- EIA Crude
Fri 3 July 2020
Final Service PMIs all day
US- Holiday


PAR 07:26 GMT July 2, 2020
ECB LAGARDE PONZI MAFIA
Reply   
Christine Lagarde warned of rising inequality and unemployment, even as economies start to recover following months of lockdowns. "The worst is behind us and the hardest is yet to come," the ECB chief said. Angela Merkel cautioned that EU members remain "far apart" on the coronavirus recovery fund and the bloc's next budget. In Britain, BOE policy maker Jonathan Haskel said there's a "glimmer of hope" as activity returns faster than expected.

Imho Lagarde's policies just boost inequality?

PAR 07:09 GMT July 2, 2020
RISK ON
Reply   
Before a US holiday US markets almost always move sharply higher to boost the mood of the 1%.

dc CB 06:48 GMT July 2, 2020
this is good one...

Truth or Dare ( hit song by Madona ---back in the WayBach)

https://www.zerohedge.com/geopolitical/taiwan-navy-holds-live-fire-drills-involving-f-16s-dropping-bomb-nicknamed-hammer

jkt abel 06:27 GMT July 2, 2020
this is good one...

if taiwan is next, you may as well say WW3 is next

Mtl JP 05:41 GMT July 2, 2020
this is good one...

this is good one ...
-
putin to rule russia till 2036
Xi's chinese communists in full control of HK
resistance is futile, assimiliation is certain
taiwan is next

feel the earth move
under your feet

dc CB 01:33 GMT July 2, 2020
Thursday Amazing Trader 2 July 2020

One more day in the US Trading week.

Bloomberg notes reversing of planned reopenings could spark the next wave of layoffs, adding that newly hired workers are getting the ax once again.

Jeffrey Bank, who heads Alicart Restaurant Group, was in the process of reopening his restaurant based inside the Tropicana casino in Atlantic City last week but was greeted by new communication from Governor Phil Murphy that a delayed restart of indoor dining will be seen due to a recent surge in virus cases.

Bank said he'll lose $100,000 on the false restart and will layoff 100 people whom he'd just recently rehired.

The surge in cases could derail nationwide reopenings - along with President Trump's economic V-shaped recovery that he routinely touts on Twitter. Data this week shows Florida's Miami-Dade County reported its highest numbers of hospitalizations and Houston, intensive-care units soared to 97% of capacity.

In recent days, Arizona, Florida, Colorado, and Texas closed bars and nightclubs to contain the spread - while Arizona shutdown gyms, water parks, and movie theaters.

https://www.zerohedge.com/markets/rehired-workers-get-axed-states-pause-or-reverse-reopening
____________________________________________________

A companion piece:

' It�s back with a vengeance, lurking in the subtext and sotto voce of virtually every headline and utterance from the above precincts with respect to the Covid-19.

Indeed, the entire Covid narrative is so hideously distorted, exaggerated, mendacious and risible as to finally confirm what�s actually been at bottom of the successive waves of RussiaGate, UkraineGate, the Impeachment Farce, the Covid-Hysteria and now the Summer of Race Huckstering, too.

Namely: Orange Man Bad!

https://www.zerohedge.com/political/stockman-virulent-trump-derangement-syndrome-back-vengeance

Jkt Abel 01:02 GMT July 2, 2020
Gold 1800
Reply   
Everyone is talking about 1800. If it is taking too long, it will probably never be. Top seen?

 




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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