Mtl JP 23:59 GMT July 23, 2020
Friday Amazing Trader 24 July 2020
Did the chinese comminists' mouthpice
Hu Xijin 胡锡进
@HuXijin_GT
5h
I strongly urge American people to reelect Trump because his team has many crazy members like Pompeo. They help China strengthen solidarity and cohesion in a special way. It’s crucial to China’s rise. As a CPC member, I thank them.
just diss biden and thus try to interfere in US pres election ?
Minneapolis DRS2 23:23 GMT July 23, 2020
Friday Amazing Trader 24 July 2020
Look for a huge rise in speakeasy establishments, smuggling and black market goods in the US. The plain and very ugly truth is that a lot of very nasty people are using a disease to inflict economic and social pain on others.
If you thought black market booze, smokes, drugs and guns were bad, you ain't see nuthin yet. Watch for black market food and medicine in the US, because it's coming. Better that than the Holodomor that these people are dreaming up.
Mtl JP 22:10 GMT July 23, 2020
Friday Amazing Trader 24 July 2020
some not directly trade-able headlines that caught my eye (but did not pull it out of socket)
-
WHO chief upbraids Pompeo over 'unacceptable' allegations - The Canadian Press July 23
..."for “untrue and unacceptable” allegations during the coronavirus pandemic after British media reported that Pompeo made a comment about the health agency chief having been “bought” by China".../.
Australia joins US and Japan for navy drills in the Philippine Sea as concerns grow over China - Telegraph July 22
Pompeo calls for more assertive response to 'Frankenstein' China
Reuters - Reuters July 23
Bill Gates says "serious mistakes were made" in U.S. pandemic response cbs interview
- BUT does not call for any heads. I guess politicians and health "experts" enjoy immunity from responsability. besides , what qualifies gates to make that accusation ?
Canadians Mistakenly Received $442.6 Million In Double CERB Payments - HuffPost Canada July 22
AT Trader john 20:06 GMT July 23, 2020
Friday Amazing Trader 24 July 2020
LATE Thursday: RISK-OFF
DJ: 26,652 -354
SP: 3,235.7 -40.31
2-yr 0.151% +0.4 bps
Spread 10s-2s +43.0 bps (+44.5 bps)
10-yr
US: 0.581% -1.4
UK: 0.126% +0.2
DE: -0.485% -0.3
EURUSD MACRO TREND: POSITIVE
Spots (Pivot Point prev day)
EURUSD 1.1596 (1.1588)
GBPUSD 1.2736 (1.2568)
EURGBP 0.9103 (0.9030)
USDJPY 107.28 (107.28)
This Week 1.1627-1.1403 (224 pips)
thu: 1.1627-1.1541 (86)
wed: 1.1601-1.1507 (94)
tue: 1.1540-1.1424 (116)
mon: 1.1468-1.1403 (65)
fri: 1.1443-1.1378 (68)
20-day avg: 1.1339
50-day avg: 1.1224
100-day avg: 1.1072
200-day avg: 1.1064
Global-View Daily Trading Chart Points
swiss frank 19:42 GMT July 23, 2020
Next Wednesday Amazing Trader
Reply
EUR 1.1575 Puts exp Wed 29 July @ 25 ticks seem very cheap for a downside play or for euro bullish consensus protection up here.
dc CB 19:38 GMT July 23, 2020
Friday Amazing Trader 24 July 2020
red
there's also one of the largest POMOs of this cycle tomrw
7/24/2020 10:10 -10:30 a.m.
Outright Purchase Treasury Coupons
2.25 to 4.5 10/25/2022 - 1/24/2025 $8.825 billion
london red 19:29 GMT July 23, 2020
Friday Amazing Trader 24 July 2020
CB as u say in any other mkt, but as these fks watch for any hint of a hint of a breakdown and immediately talk stimulus cheques, its never wise to short us stocks. wkly spx if closed today has a nice looking gravestone doji not seen since they fkd up the last one end april. but since that one didnt fully play out, the chances of next playing out are that much greater. however its not friday close and they still have 24 hours to tell us how close stimulus pack is and how much $$$ everyone is gonna get for not going to work.
dc CB 17:50 GMT July 23, 2020
Friday Amazing Trader 24 July 2020
Coronavirus Latest: Baltimore City Puts Ban On Indoor Dining, Face Coverings Required For Residents 2 And Up Starting Friday
(CBS Balt)
(ps: it's been near 100degrees in Balt City most of this week and forecast to remain that hot for at least the next 10 days)
HK Kevin 17:42 GMT July 23, 2020
Gold
Hk Ab 15:22 GMT 07/23/2020, I also exited half of my long position on Gold CFD here. My expected monthly range is 1770 and 1900. In longer term, Gold may see +2300, but 1920 all time high may not be seen in Q3.
dc CB 16:56 GMT July 23, 2020
Friday Amazing Trader 24 July 2020
(zero)? SToX
The WSJ, which has seen a copy of the State Department speech to be delivered Thursday afternoon, describes that it more or less calls for a people's uprising in Communist-run China:
Mr. Pompeo says Chinese leader Xi Jinping is a “true believer in a bankrupt totalitarian ideology.” Mr. Pompeo stops shy of explicitly calling for regime change, urging allied countries and the people of China to work with the U.S. to change the Communist Party’s behavior.
And more:
The Communist Party “fears the Chinese people’s honest opinions more than any foreign foe,” Mr. Pompeo plans to say in the speech at the Richard Nixon Presidential Library and Museum. The U.S. “must also engage and empower the Chinese people,” Mr. Pompeo says, according to the draft.
AT Trader john 16:27 GMT July 23, 2020
Friday Amazing Trader 24 July 2020
Reply
GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium
Fri 24 July 2020
Flash PMIs all day
AA 07:00 GB- Retail Sales
A 14:00 US- New Homes Sales
Bali Sja 16:11 GMT July 23, 2020
Thursday Amazing Trader 23 July 2020
Yawn boring trade. Too easy, yet people make it harder. Same script everyday. Just buy euro dips, new highs. Tomorrow friday will see continuation of the trend. 1.17 definitely for friday's close
Hk Ab 15:40 GMT July 23, 2020
Gold
Anything on CME future can be manipulated. Just like bitcoin some moons ago....
Mtl JP 15:33 GMT July 23, 2020
Gold
zerohedge (note the zero?)
is about $250 bux too late with that "report"
dc CB 15:30 GMT July 23, 2020
Gold
headline on ZeroHedge
**Millennials Flood Into Precious Metals: Is Gold The Next TSLA?**
ETF - SLV(silver) is now number 16 in the 'trending' list on Robinhood
Hk Ab 15:22 GMT July 23, 2020
Gold
Reply
Exit 1/4 1890
Mtl JP 15:18 GMT July 23, 2020
Thursday Amazing Trader 23 July 2020
1.16087 HoD
-
obviously so far unconvincing breach of 1.16
invokes movie of dogs hunting pigs in the bush
as it is happening, live
london red 15:16 GMT July 23, 2020
Thursday Amazing Trader 23 July 2020
deadly silence from CB officials on gold yet close to ath of 1921. now if this breaks higher it may see a similar move to what recently was seen in euro through 115. 2000 might be seen in a short time especially if they restart the money train (more stimulus). and breaking 2k would have serious implications for the dollar. at some point dollar weakness will cause foreigners to exit the us stock martket and the natives will also follow. inflation is good for stocks til its no good for stocks anymore.
Minneapolis DRS2 15:12 GMT July 23, 2020
Thursday Amazing Trader 23 July 2020
So far it looks like 1600 is pretty tough stuff. It might be breached just yet, but whatever buyers and sellers are around are enough to make sure that price ain't moving through it for now.
Maybe a little bit later? Who knows.
Minneapolis DRS2 15:10 GMT July 23, 2020
Thursday Amazing Trader 23 July 2020
Exhaustion of buyers when price is moving up, or alternately exhaustion of sellers when price is moving down. If nobody is buying then price won't move up, and if nobody is selling then price won't go down.
Minneapolis DRS2 14:53 GMT July 23, 2020
Thursday Amazing Trader 23 July 2020
The dynamic for EUR/USD seems to be not so much "run into resistance" (or support), but rather "run until exhaustion" (no more stops to run). This is supported by whatever funnymentals (narrative of the day) one might wish to invoke.
The bottom line is that we probably won't see big-time selling until the buying actually stops, and price ain't moving anymore. Until then, you use every minor dip (minor sale) as a buying opportunity, thereby providing the fuel to move towards 1.17.
Let's see what happens at 1600 first.
london red 14:51 GMT July 23, 2020
Thursday Amazing Trader 23 July 2020
i have 11628 first. can reach that fail and then fall back to under 116 to mark a st high if thats how things are to play out. then that 11538 which held today because even more imp. however, as yest, as strong finish today argues for a test higher at some point tomorrow. if they go str8 up to 11628 it adds flavour to the fail argument. however, if dips first, then likely to try higher later, as per today.
Minneapolis DRS2 14:43 GMT July 23, 2020
Thursday Amazing Trader 23 July 2020
Given the dip to 1540, perhaps the more modest target of 1660 is in order. That would be an even 100 pips, a nice range for a crazy Ivan (sweep the stops on both sides).
AT Trader john 14:03 GMT July 23, 2020
BREAKING NEWS
Leading Indicators June, 2020
NEWS ALERT
+2.00% vs. +2.40 exp. vs. +2.80% prev.
Mtl JP 13:48 GMT July 23, 2020
Dollar policy
remember that mnuchin goldman 17yr veteran
know anyone at the squid ?
GVI Forex 13:40 GMT July 23, 2020
Dollar policy
Reply
Mnuchin reportedly said earlier he wants to keep the dollar stable.? This may have been a catalyst for the USD bounce.
Mtl JP 13:38 GMT July 23, 2020
Thursday Amazing Trader 23 July 2020
see if tom's EZ PMI's confirm the "increased cohesion in the European Union after its agreement on a recovery fund"
gv econ caldr:
24/07/20 8:00 A EZ flash SVC PMI 50.1 47.3
24/07/20 8:00 A EZ flash MFG PMI 49.6 47.4
swiss frank 13:28 GMT July 23, 2020
Thursday Amazing Trader 23 July 2020
A lot of reason to be bullish the eur as highlighted in the article. Thing is these same reasons were there from 1.10, 1.12, 1.14 etc.... For the most part they probably will continue to be there for the coming weeks as well to some degree. I still favor deeper correction over the next several days 1.1500 -> 1.1450 -> 1.1370ish as key levels.
Euro's Strength...
AT Trader john 12:33 GMT July 23, 2020
BREAKING NEWS
Sounds like a lot of NEW claims to me?
AT Trader john 12:30 GMT July 23, 2020
BREAKING NEWS
Weekly Jobless Claims
ALERT
+1,416 (000) vs: +1.260(000) expected vs. +1,300(000)(r 1.307K)
kl fs 12:08 GMT July 23, 2020
Brexit
LOL, stiff upper lip brits LMAO
"a pompous frenchman vs stiff upper lip britts"
AT Trader john 11:52 GMT July 23, 2020
Thursday Amazing Trader 23 July 2020
EURUSD LOD 1.1562 needs to be watched after the FX market has turned almost universally bullish EURUSD this week. I am always leery of an "unbalanced" market.
Thoughts??
Mtl JP 11:40 GMT July 23, 2020
Brexit
EU Chief Brexit negotiator Barnier
is exactly the best wrongest person in the job:
a pompous frenchman vs stiff upper lip britts
Mtl JP 11:29 GMT July 23, 2020
Thursday Amazing Trader 23 July 2020
S&P500 3276
-
heading into NY
historically the seagreen and orange have followed the lime and orange bars. lets see
GVI Forex 11:17 GMT July 23, 2020
Brexit
Reply
EU Chief Brexit negotiator Barnier says in the last few weeks the UK has not shown a readiness to find a solution, still far away in negotiations.
EU Chief Brexit negotiator Barnier says at this point the UK is making a trade agreement unlikely
Newsquawk.com
Mtl JP 11:04 GMT July 23, 2020
Thursday Amazing Trader 23 July 2020
according to july 22 bbrg:
Recession-Shocked Savers Rein In Rates With a $20 Trillion Hoard
...cautious households are taking with respect to expenditures, a factor that is likely to persist for some time,” said Crescenzi and that "substantial amount of savings deposits on bank balance sheets is likely to impart downward pressure on market interest rates."
eeiiha ! the more demoralized into caution consumers save the less interest on it they ll recieve ! so... what are the odds of a tilt into negative rates, perhaps to jilt the cautious consumer into liberating some of saved dollars ? $20 Trillion is likely bigger than the in-recession GDP.
---
94.85
the low pricepoint on the left extremity of the yellow line: 94.595
the low pricepoint on the right extremity of the yellow line: 94.715
dumdeedee dum
Mtl JP 10:24 GMT July 23, 2020
Meanwhile in Spain....
ain't no crisis / "disaster" prices or debt peddlers do not like
"we are here to help" (you , us)
kl shawn 10:20 GMT July 23, 2020
Meanwhile in Spain....
just need one more major natural disaster to strike somewhere....talking about adding salt to the wound
can sense all the desperation near tipping point
Israel MacroMicro 10:03 GMT July 23, 2020
Meanwhile in Spain....
the Dutch inserted Trojan horse with their vote
many forms of dirty language against the Dutch will rise from the Southern parts of Europe.
getting water off the rock to be easier than getting Dutch approval to each "grant" reaching the countries in need.
imo
swiss frank 09:59 GMT July 23, 2020
Meanwhile in Spain....
Reply
The money is not even close to arriving and the fun has begun. Madrid and Catalonia regions are claiming rights to a larger percentage of the grant money with the other autonomous regions delegated to the majority of the loan portion. In addition Madrid and Catalonia claiming around €325 per inhabitant which scales down to around €65 per inhabitant in the lesser populated regions.The rational goes that the Madrid and Catalonia regions were hit harder and therefore should be due more of the relief. No mention of initial crisis mismanagement as a cause.
kl shawn 09:17 GMT July 23, 2020
EURUSD
smaller window, a resolution soon
Swiss Frank 09:11 GMT July 23, 2020
EURUSD
150 period mov avg on the 10 min chart maybe a good indicator of make or break.
AT Trader john 08:58 GMT July 23, 2020
Thursday Amazing Trader 23 July 2020
Thursday: RISK-MIXED
DJ: 27,040 +143
SP: 3,281.5 +13.5
2-yr 0.149% +0.2 bps
Spread 10s-2s +44.5 bps (+44.4 bps)
10-yr
US: 0.594% -0.1
UK: 0.119% -0.3
DE: -0.487% -5.7
EURUSD MACRO TREND: POSITIVE
Spots (Pivot Point prev day)
EURUSD 1.1589 (1.1557)
GBPUSD 1.2715 (1.2706)
EURGBP 0.9112 (0.9090)
USDJPY 107.15 (107.10)
This Week 1.1601-1.1403 (198 pips)
thu: 1.1598-1.1564 (34)
wed: 1.1601-1.1507 (94)
tue: 1.1540-1.1424 (116)
mon: 1.1468-1.1403 (65)
fri: 1.1443-1.1378 (68)
20-day avg: 1.1321
50-day avg: 1.1209
100-day avg: 1.1068
200-day avg: 1.1062
Global-View Daily Trading Chart Points
kl shawn 08:54 GMT July 23, 2020
EURUSD
every pair takes turn to blast thru the roof against usd ....
kl shawn 08:52 GMT July 23, 2020
EURUSD
with gold killing usd like this, no chance really
AT Trader john 08:37 GMT July 23, 2020
Thursday Amazing Trader 23 July 2020
GVI Trading. Potential Price Risk Scale
AA: Major, A: High, B: Medium
Thu 23 July 2020
A 12:30 US- Weekly Jobless
A 14:00 US- Leading Indicators
Fri 24 July 2020
Flash PMIs all day
AA 07:00 GB- Retail Sales
A 14:00 US- New Homes Sales
HK Kevin 08:31 GMT July 23, 2020
EURUSD
Sold EUR earlier at 1.1591. Will close if the pair don't make a lower low in the hourly chart.
london red 07:49 GMT July 23, 2020
EURUSD
say same level as yest 11596 50% of 126/106. sup 11538 below there may be stops to nxt sup by 115 (prev high 11495). if below there and stays til close then move is done st.
PAR 07:42 GMT July 23, 2020
Daimler vs TESLA
#Tesla extends quarterly profit streak opening path to S&P 500. Profit only possible by the sales of $428m in emissions credits to other automakers who need them to meet regulatory standards. That’s nearly four times as many credits as it sold in Q2 2019. https://bloombergquint.com/business/tesla-extends-quarterly-profit-streak-opening-path-to-s-p-500
kl shawn 07:38 GMT July 23, 2020
EURUSD
looks like very limited downside for euro, golden opportunities to load dips
Belgrade Knez 07:30 GMT July 23, 2020
EURUSD
london red
that 11596 fib proving tough.
------------------------------
no fib lvl on my chart at 1.1596 only 50% move from 1.25553-1.06357 .... is that what you mean?
london red 07:27 GMT July 23, 2020
Daimler vs TESLA
PAR I bought tesla as i knew they would go up on the results but that doesnt mean they had to make any money (420m environmental credit sales). they dont make many cars and those they do make are poorly built and looking long in the tooth. the germans (if you including all supply chain such as bosch) are about 2 years behind in some tech, but they are almost there.
in a bubble the stock price and quality of the company have nothing to do with each other.
london red 07:23 GMT July 23, 2020
EURUSD
that 11596 fib proving tough. no higher high means maybe lower now but while 115 holds will likely test higher again.
Belgrade Knez 07:12 GMT July 23, 2020
EURUSD
shawn
taking every opportunity .... no matter down or up
PAR 07:12 GMT July 23, 2020
ITALY
Reply
As Italian yields hit new all time lows, Italian exports starts to suffer from a strong EURO.
kl shawn 07:12 GMT July 23, 2020
EURUSD
banging on 1.16 door again and again, will break with huge force up to 1.17 in no time like red said
kl shawn 07:11 GMT July 23, 2020
EURUSD
Knez, better buy all those dips?
Belgrade Knez 07:07 GMT July 23, 2020
EURUSD
Reply
as EVERYONE expecting EU up, maybe it's time to short for 20-30 pips
PAR 07:06 GMT July 23, 2020
Daimler vs TESLA
Reply
Daimler sells a lot of beautiful cars with low profit margins and loses billions.
Tesla sells few cars with huge profit margins and makes money.
What's wrong with European car manufacturers?
kl shawn 06:37 GMT July 23, 2020
buy cable
Reply
sure fire 50 pips from here to 1.28?
Mtl JP 06:23 GMT July 23, 2020
Thursday Amazing Trader 23 July 2020
some headlines
-
Recession-Shocked Savers Rein In Rates With a $20 Trillion Hoard
- Bloomberg July 22,
could ...
Cash Handouts Could Curb Virus in Poor Nations, UN Says
- Bloomberg July 23
“As far as closing additional embassies, it's always possible,” Trump
perth wtr 05:57 GMT July 23, 2020
EURUSD
you can try short but not here, at least let 1.17 print first
Adliyah KaL 05:05 GMT July 23, 2020
EURUSD
perth wtr
Not happy shorting it to tell you the truth
Correction (If any )... might not worth it
perth wtr 05:02 GMT July 23, 2020
EURUSD
Kal, i dont think so. Better course may be 1.19-1.20 first then a test of 1.15
perth wtr 04:58 GMT July 23, 2020
EURUSD
td, euro better keeps going up, saves pigs' lives you know, somebody is gonna have pork sashimi if it doesnt go up
singapore td 04:55 GMT July 23, 2020
EURUSD
here we go, as red said yesterday buy euro's dip before London comes, lets attack the upside further, new highs baby
jkt abel 04:53 GMT July 23, 2020
Meanwhile In Chicago
let the barbarians kill each other, natural selection, if they dont die from it, they will die from covid anyway the way things are handled in US
Swiss Frank 04:43 GMT July 23, 2020
Meanwhile In Chicago
Maybe they can change the name for Chicago purposes to the name of the 3 year old girl that was shot in the head yesterday in Chicago. Gun shootings and murders in Chicago +50% this year. Lori not getting the BLM message out to the hood....
Adliyah KaL 02:57 GMT July 23, 2020
EURUSD
Reply
just correcting to < 1.1370
still bullish for 1.1800 after that
Jkt Abel 01:57 GMT July 23, 2020
Wednesday Amazing Trader 22 July 2020
Someone call PETA. GV endorses animal cruelty. LoL
Dont worry DON, you will be vegan the rest of your life. They say DX going to toilet
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