Sort Order: Latest Post on Top - Latest Post Last            Post Reply

GVI Trading Room john  08:37:47 GMT - 05/27/2016

WEEKLY HIGH IMPACT NEWS: 27-May FRIDAY 12:30 US- GDP 14:00 US- University of Michigan Survey 17:15 US- Yellen Speech 30-MAY MONDAY 00:00 GB/US- Holiday 31-MAY TUESDAY 07:55 DE- Employment 09:00 EZ- flash HICP 12:30 US- Core PCE Deflator 13:45 US- Chicago PMI 14:00 US- Consumer Confidence 1-JUNE WEDNESDAY 00:30 AU- GDP all day Global PMIs 18:00 US- Beige Book 2-JUNE THURSDAY 11:45 EZ- ECB 12:15 US- ADP 12:30 US Weekly Jobless 15:00 US- Crude 3-JUNE FRIDAY all Day Global PMIs 12:30 US- Employment 12:30US/CA- Trade Trading Themes -- Ihe scheduled "discussion" with Fed Chair Yellen at Harvard will be at 17:15 GMT today. The hope had been is that she would clarify the outlook for Fed policy heading into the June and July FOMC meetings, but I doubt this is the kind of venue where she is likely even to discuss policy, but she might. U.S. Fixed Income markets close early ahead of the long weekend, so this might not be an opportune time for a major statement. Yesterday saw another jump in a key U.S. housing statistic. Pending Homes Sales increased by over 5% after we saw a similar jump in New Homes sales earlier in the week. Pending Homes sales tend to be a reliable predictor of Existing Homes Sales. This suggests the economy might be improving. The EURUSD has tested the psychological 1.1200 line again today. EURUSD is firm on what appears to be short-covering into long weekends in the U.K. and U.S. The EUR is mixed on its key crosses. Both Japanese National and Core CPI remain in contraction (-0.30% y/y) as of April. The latest data keep the pressure on the BOJ to take actions to lift the economy out of its persistent deflation. John M.Bland MBA co-founder global-View.com

nw kw  08:56:28 GMT - 05/27/2016

ranges for fed wonder/ with soft nzd need gold some point

GVI Trading Room john  10:00:47 GMT - 05/27/2016

DAX +9 DJ +20 SP +2 US 1.826% -0.3 DE 0.128% -1.5 GB 1.389% -0.6 JP -0.112% -0.3 EUR mostly down on its crosses (up vs. CAD) wti $49.05 -0.43

GVI Trading Room john  10:29:24 GMT - 05/27/2016

20-day 1.1314 pivot 1.1186 Spot below these bias metrics. The 20-day average remains relatively high, but has been falling by about 20 pips a business day. Add to these cold statistics the psychological 1.1200 line as another obvious sentiment indicator. EURUSD priced nearly neutral vs. our Fed Funds indicator.

Livingston nh  11:53:38 GMT - 05/27/2016

Given Yellen's propensity for "concern" and the market's failure to move the needle back to 50/50 (been stuck here since initial post Minutes reaction) let's see whether she plays the economics card or financial card for her concern Powell speech was still yakking about Yellen's labor market "healing" towards full employment (5% is HEALED, pal) and the GDP potential shortfall (they can't even get current projection right and he thinks economists can measure "potential") A test of Yellen's belief in the financial myth that the Fed can't move against the market expectations versus the risk that the real economy needs rate normalization regardless of GLOBAL disruption Any of her comments, if any, today are likely to be trial balloons for D-Day -- she never sees the silver lining just the Lightning

Mtl JP  12:14:28 GMT - 05/27/2016

usdyen 109.66 - 50 day 109.90 Res 1 110.18 Pivot 1 109.80 Sup 1 109.37 I am biased. favor long

Livingston nh  12:25:10 GMT - 05/27/2016

JP - ABE was setting the stage for a political announcement re: sales tax - YEN is still leaving Japan in search of yield - quacking of lame DUCKS Lew and Pres. Obama will be ignored He might welcome a US rate hike

Mtl JP  12:27:51 GMT - 05/27/2016

prepared to fade potential eurdlr pops against 1.1225-ish

Mtl JP  12:31:48 GMT - 05/27/2016

GDP "A" risk a dud. just as well

london red  12:33:31 GMT - 05/27/2016

daily straddles for euro and yen about 30-35 pips. they arent expecting much today.

Mtl JP  12:41:18 GMT - 05/27/2016

nh I am keeping my robot constrained to look for and trade the euro from the short side only.

Mtl JP  12:48:32 GMT - 05/27/2016

go w/60 break down

Livingston nh  12:58:39 GMT - 05/27/2016

EUR is back below the 144 ema on daily and poised on the wkly 21sma

Mtl JP  13:10:55 GMT - 05/27/2016

interesting risks to my account: - 27/05/16 14:00 A US final U of MIch 95.6 95.8 27/05/16 17:00 A US Early Close 27/05/16 17:15 B USFRB Yellen Speech according to gv calendar -- I do not agree with "A" risk from UofM; would be be very very surprised if it should try to reach for than 50 pips from my account.

Livingston nh  13:29:16 GMT - 05/27/2016

It appears that Yellen has the markets held hostage until this afternoon - Treasurys so flat it might as well be closed -- see if stox spark anything before lunch

Mtl JP  13:41:58 GMT - 05/27/2016

nh perhaps presumptuously assuming if u have nothing better to do... https://twitter.com/radinstitute

london red  13:47:23 GMT - 05/27/2016

as inferred yest think better to travel than arrive with tellen and more so today as i dont think she will mention rates. better to cover ahead of 30/40 sup and fade the rally that will come on disappointment.

Mtl JP  14:04:02 GMT - 05/27/2016

john 10:01 GMT May 26, 2016 JY- you make an excellent point. It seems to me that many of the news algos are primitive. They don't think. They just react to keywords. Also I have noticed they don't have a memory. With the advent of AI, this will not always be so. We are in what likely will only be a short period of time when we can profit on the naivety of the robots. Lets work together on this. Its us against the machines. - john any progress with the keywords work at the primitive algos that could be used today for "profit on the naivety of the robots" ?

Livingston nh  14:12:03 GMT - 05/27/2016

JP - thanx, the fun apparently starts at the bottom of this hour -- http://media.video.harvard.edu/core/live/radcliffe-live.html may have the webcast

Mtl JP  14:13:59 GMT - 05/27/2016

red 13:47 I agree so I now terminate my earlier short good 2 c u back on the forum

Mtl JP  14:17:08 GMT - 05/27/2016

stox do not appear to fear janet

NY JM  14:22:28 GMT - 05/27/2016

Odds are Yellen says nothing. Her June 6 speech is more important.

Mtl JP  14:23:34 GMT - 05/27/2016

if she says nothing , how are the algos programmed to trade "white noise" ?

london red  14:24:11 GMT - 05/27/2016

thks, i try to be here when it matters and when work and family commitments allow. stox are a rigged game, but whatever your opinion on it, no reason not to profit and btd.

london red  14:27:59 GMT - 05/27/2016

if says nothing then squeeze maybe to 11180 maybe 112. nxt wk is nfp wk and they like to go in long usd but tend to first squeeze stops but not sure can close abv 11245 or even an hourly close abv it not likely. in any case u fade any rally prior and take profit shortly before release. no need to take any risks.

GVI Trading Room john  15:24:42 GMT - 05/27/2016

trading Room... Market behaving as I expected Pre-Yellen "GVI Trading Room john 11:04 GMT 05/27/2016 Yellen's comments are coming pretty late on pre-holiday Friday. I think you have to focus on what the markets will be doing in anticipation of Yellen. I think it would be safe to assume the markets will be anticipating a hawkish Yellen..."

Mtl JP  15:32:47 GMT - 05/27/2016

stox - markets? - making new HoD on expectation of hawkish yellen

dc CB  15:35:17 GMT - 05/27/2016

today's Volume will no doubt be even lower. a package or two of red swizzles will push it up another 100 Dow pts. See you on the heli to the Hamptons SPY Thurs ---No Volume

tokyo joyya  15:45:35 GMT - 05/27/2016

USD Fed's Yellen to Speak at Harvard's Radcliffe Day is not that over yet?

Mtl JP  15:48:07 GMT - 05/27/2016

joy sister... how can it be over when eurdlr has not hit 1.1170+ ?

london red  15:53:41 GMT - 05/27/2016

17:15 may say a word but unlikely to touch rates even if asked. if does speak its because she wants to correct mt/wants mkt to hear (as has philly speech on june 6th) and so would be a lrg reaction.

GVI Trading Room john  16:54:48 GMT - 05/27/2016

May 27 Discussion - Chair Janet Yellen A conversation with Professor Gregory Mankiw, followed by the presentation of the Radcliffe Medal to Chair Yellen 1:15 p.m. EDT

london red  17:05:59 GMT - 05/27/2016

euro straddle about 16/18 pips puts res at prev low 58/59 as poss flash high if nothing. sup at 11089/61 if makes a noise.

tokyo joyya  17:17:24 GMT - 05/27/2016

what Yellen gona speak?dow breaking down..

GVI Trading Room john  17:20:40 GMT - 05/27/2016

Yellen speaking now about her career etc. Nothing about policy yet.

Livingston nh  17:28:28 GMT - 05/27/2016

JP - Yellen just said again "she didn't see that coming"

GVI Trading Room john  17:31:38 GMT - 05/27/2016

yellen is live on Bloomberg TV

dc CB  17:32:23 GMT - 05/27/2016

YELLEN: WE DIDN'T SEE HOW HOUSING BUBBLE CREATED SYSTEMIC RISK

Mtl JP  17:32:41 GMT - 05/27/2016

wow - really ? I admit I am - surprised - impressed

dc CB  17:35:06 GMT - 05/27/2016

Yellen calls Fed's handling of financial crisis 'nothing short of magnificent'

Livingston nh  17:36:43 GMT - 05/27/2016

She just jumped on the USD "strength" as the reason for inflation slowdown -- monetary policy question - few sentences -- if labor market continues to improve , assess risks to the outlook and incoming dat dependent and in coming months may be appropriate eto hike

Mtl JP  17:37:20 GMT - 05/27/2016

stox crapping and eurusd crapping at same time is un-usual

dc CB  17:38:45 GMT - 05/27/2016

Yellen: we have somehow managed to steal $2trillion from middle class savers, giving it to a select group of insiders over the course of 7 years AND nobody is even talking about it. Magnifique!!!

Mtl JP  17:40:48 GMT - 05/27/2016

at least stox betray their sensitivity and addiction to free and available nihilo

Mtl JP  17:45:28 GMT - 05/27/2016

"in the coming months" , lol, this woman is a winner she ll do justice to Ben "not in my lifetime" Bernanke

Mtl JP  18:23:33 GMT - 05/27/2016

some gv chartpoints: 200 day 1.1099 Sup 3 1.1088 (off the Pivot) S2 (2SD) 1.1080 off the 20ma

Mtl JP  18:47:03 GMT - 05/27/2016

usdyen 110.45 110.50 current resistance go w/break out N trgt 100pips - 50 day 109.90 support

tokyo joyya  16:02:35 GMT - 05/28/2016

Mtl JP 18:47 GMT 05/27/2016 yes 111.5/8 right?i am waiting for that now for add...