euro close to prev high 11239 abv which are big stops, as we approach period of lower liquidity.
Minneapolis DRS2 20:29:48 GMT - 03/05/2020
On EUR/USD the daily stops are probably acting like magnets. Next up is 1242 (judging from the AT daily chart anyway).
Israel MacroMicro 20:28:42 GMT - 03/05/2020
ES / 2996 LONG
AT Trader john 20:20:22 GMT - 03/05/2020
DJIA new leg down -1107.
london red 20:19:32 GMT - 03/05/2020
that was what used to happen in past sell offs. they bounce hard but the following day they gave up that and more. thats how you knew more was to come.
london red 20:18:29 GMT - 03/05/2020
it will be a statement if they wipe out and beat yesterdays gain. a pyschological statement pointing to more losses.
london red 20:14:35 GMT - 03/05/2020
s&p approaching 3k but really needs to make lower low 2973/75
london red 19:50:32 GMT - 03/05/2020
ft100. double top in play below 6595 (presently 6625) to tgt c 6400. it clearly will be led by s&p if to happen. s&p presently making a fight of it. if closes hour over 3033 then 56-60 poss. abv there gap fill poss.
Mtl JP 19:07:33 GMT - 03/05/2020
SnP LoD 3011.50 sofar
Mtl JP 18:51:00 GMT - 03/05/2020
01:39 Virgin Atlantic cuts CEO pay as airline industry predicts $113 billion hit from coronavirus
AT Trader john 18:22:24 GMT - 03/05/2020
Mtl JP 18:20:32 GMT - 03/05/2020
players not yet in panic over losses as tesla still holding N of 700
Israel MacroMicro 18:17:16 GMT - 03/05/2020
there will be space to add a needle to ER across the globe when this hysteria warms up
AT Trader john 18:14:26 GMT - 03/05/2020
"Every day, more than 750,000 people pass through Grand Central, which is more than the entire population of Leeds, or roughly the population of San Francisco." -- Google
Israel MacroMicro 18:14:17 GMT - 03/05/2020
with such counting and hysteria, maybe better to publish numbers of the none infected as after reading that I should trust that infected are the majority. come on, you know better than that
dc CB 18:07:46 GMT - 03/05/2020
No special news COVID-19 continues to overhang the markets
that lawyer (diagnosed) from New Rochelle, who infected his family and his friend - who apparently drove him to the hospital - who infected his family.
Commuted to Manhattan daily....how does a suburban Westchesterite lawyer get from New Rochelle to Manhattan, he takes Metro North to Grand Central Station in midtown. End point for all the Weschester commuters on Metro North's 3 lines.
R U kidding me
Israel MacroMicro 18:07:24 GMT - 03/05/2020
if that 0.90 was not fact of reality I should laugh
Mtl JP 17:57:21 GMT - 03/05/2020
10yr 0.90 .... more moRE MORE cut !!
AT Trader john 17:51:51 GMT - 03/05/2020
10s 0.909% -0.8bp at new record low yield.
No special news COVID-19 continues to overhang the markets. I assume most will be avoiding equity longs into the weekend...
london red 17:51:48 GMT - 03/05/2020
new hour coming up lets see if they close under 3033. if they do then topside negater abv 3060 (abv 3085 bullish). if they dont close below u are looking for early hour rally then fade back to lows or at least under 3033 at close of hour.
london red 17:46:48 GMT - 03/05/2020
2973/75 is the big one today. if they blow that and stay below, the topside is done today unless someone cuts/qe etc
Mtl JP 17:43:21 GMT - 03/05/2020
3k on hunger radar
london red 17:38:06 GMT - 03/05/2020
0648 a biggie but watch out for the feds silent buyers
Mtl JP 17:28:28 GMT - 03/05/2020
usyen 106.45 at S
below should poop to 106.05 fairly fast
Israel MacroMicro 17:26:44 GMT - 03/05/2020
red, you and that 2600 :)
starting to question my strategy lol
Mtl JP 17:25:52 GMT - 03/05/2020
next S 3036.5-3034.50ish
london red 17:19:05 GMT - 03/05/2020
lol only trade relatively small fry downside, big bucks saved for buying the dip. presently highly in cash hoping for 2600 so likely it wont go down that far!
Mtl JP 17:10:58 GMT - 03/05/2020
red plz step down with one of your gazzilions on that neckline
london red 17:00:05 GMT - 03/05/2020
200dam to fight but shs hourly triggered on break under 3033 neckline which takes you to 3k. hourly up channel the topside trigger will be 3070 during next hours trade.
Mtl JP 16:49:19 GMT - 03/05/2020
some buyers at 3055 snp
dc CB 16:48:18 GMT - 03/05/2020
Covid-19 Arrives In Nevada, Tennessee
Mtl JP 16:41:39 GMT - 03/05/2020
Mtl JP 16:33:47 GMT - 03/05/2020
some arguing going on in SnP between 3080 and 3070
Mtl JP 16:31:51 GMT - 03/05/2020
MaMi - no interest in garbage heap of history
dc CB 16:31:23 GMT - 03/05/2020
as seen on ZH tues...part of a longer analysis.
re: CTAs quant based trading (aka big managers of OTPM )
as Nomura's Charlie McElligott warned, a close above 3079 today would see the signal go from current "+16%" (long) back to "+100%" signal, leading to further aggressive buying and more shorts squeezed), and that sparked the gamma flip melting futures up towards yesterday's rate-cut highs...
Israel MacroMicro 16:28:38 GMT - 03/05/2020
Elizabeth goes, BOJ comes in?
london red 16:25:21 GMT - 03/05/2020
hourly close at or below 3061 reqd to get dome downside but while abv 200dma there is risk of another run at 3125 and a big tail on daily candle
Mtl JP 16:23:15 GMT - 03/05/2020
if 106.50 breaks S
106.05/00 comes on trgt radar
london red 16:23:03 GMT - 03/05/2020
hourly cash close channel now 3069, its coming from below so hourly close abv reqd to draw in buyers.
Israel MacroMicro 16:13:42 GMT - 03/05/2020
yes Elizabeth don't go
EVEN you going away to make wonders with my LOADED
Mtl JP 16:12:52 GMT - 03/05/2020
fwiw former rockstar of cbanking carney on yakdeck at top of hour
45 minutes later BoC's Poloz yaks on "Economic Progress" - or lack of it
Israel MacroMicro 16:12:43 GMT - 03/05/2020
Elizabeth please don't go
Warren we need
Mtl JP 16:08:17 GMT - 03/05/2020
red I see jumping around 3070 atm
london red 15:27:57 GMT - 03/05/2020
s&p tried and so failed at 3067 hourly up channel
Mtl JP 15:18:21 GMT - 03/05/2020
18/03/20 19:00 AA USFRB Fed Rates 1.00% 1.25%
from gv's econ calnd'r
Mtl JP 15:11:25 GMT - 03/05/2020
CB 14:52 thks but I could never translate it into practical tactical profiTrade. u ?
US 10yr .93 = players telling FED gang CUT !! (on the 18th)
more moRE !!
Israel MacroMicro 15:10:07 GMT - 03/05/2020
stop bit under Tuesday's lows probably to hold for two weeks. waiting for coming dips to LOAD.
NYC Mayor Says 2 Newest Covid-19 Patients Likely Infected In The US; Virus Spreads To New Jersey
dc CB 14:52:18 GMT - 03/05/2020
Mtl JP 14:05 GMT 03/05/2020
all that is missing is liquidity issues
as you requested:
REPO today Not Responding to Powell Rate Cut
14 day Term: 72.550BILLION submitted for what all know is a MAX 20.000 Bln that will be accepted.
london red 14:50:24 GMT - 03/05/2020
JP mkt is trying to do v shaped recovery from bad data that is yet to happen! Its impatient, they want to get back to normal but hirus and data must get worse before better.
Mtl JP 14:50:04 GMT - 03/05/2020
DJIA off ~700pts 20mins in
Israel MacroMicro 14:49:37 GMT - 03/05/2020
2850/900-3150/200 as long FACTS doesn't show other.
good luck :)
Israel MacroMicro 14:47:20 GMT - 03/05/2020
for me it's simple no on
those accumulated toilet paper to "combat" the virus are about to sell risk now. of course, I am buying risk when they sell.
Minneapolis DRS2 14:11:31 GMT - 03/05/2020
The WHO president is not just incompetent...he is corrupt as well. The WHO is better off without him, but who knows how much of the organization suffers from the same problems.
PAR14:11:09 GMT - 03/05/2020
Give me a break. There is always a bid. But maybe not at the price you want. That is capitalism.l
PAR14:08:48 GMT - 03/05/2020
This time Trump is probably right. The WHO went from NO PROBLEM to it is a PANDEMIC CRISIS in a few days.
So stop the funding or at least fire its incompetent president.
Or better do both.
Mtl JP 14:05:45 GMT - 03/05/2020
all that is missing is liquidity issues - i.e no bids from bidders
Mtl JP 13:55:27 GMT - 03/05/2020
08:45 Dow poised to give up much of Wednesday’s 1,200-point gain as coronavirus fear stalks markets
08:44 President Trump disputes WHO’s coronavirus fatality rate: ‘3.4% is really a false number. Now this is just my hunch.’
Mtl JP 13:52:15 GMT - 03/05/2020
I was just reading your red 19:12 GMT March 4
markets may be daft , but atm seem skittish
despite yesty's rally
london red 12:30:28 GMT - 03/05/2020
because mkt opened near yest highs and went str8 down there is no wick on daily candle and with an opening gap to the upside to fill, there is the risk of a rally at some stage off 200dma or around 3000. only a break under 2975 negates any upside all things being equal (ie no fed intervention cuts etc). as long as there is no tail on todays candle (sets up for 3180/3200/3214 if so), then tomorrow can see a very bad down day.
PAR12:29:34 GMT - 03/05/2020
GS predicts German yields to stay negative till 2025.
That is if the world still exists in 2025.
Mtl JP 12:27:57 GMT - 03/05/2020
keeping an eye on DLR's bias
Mtl JP 12:25:34 GMT - 03/05/2020
red ... a rinse-repeat of February 20, 2020
Goldman Sachs warns of stock market correction ?
AT Trader john 10:19:45 GMT - 03/05/2020
2-yr 0.629% -0.1
Spread 10s-2s +34.6 (+27.8)
US: 0.975% -1.7
UK: 0.378% +0.7
DE: -0.636% -0.8
Thu 5 Mar 2019 A 13:30 US- Weekly Jobless A 13:30 US- Productivity Fri 6 Mar 2019 A 13:30 US/CA- Employment A 13:30 US/CA- Trade
london red 09:35:01 GMT - 03/05/2020
goldman on the wires on uk/sterling. interesting. says expects 50 or 25 bps cut for march meeting. thats right after comments from new boe chief bailey that cut now isnt warranted.
london red 09:33:37 GMT - 03/05/2020
euro thru 11145 daily channel. now looks to 11180/90 topside. stops abv 11239 big ones
Minneapolis DRS2 09:21:09 GMT - 03/05/2020
Judging from the positioning of the possible stops on the AT charts, it appears that it would be easier to trip the stops into 1300-1400 than it would be to go back down. That's not to say that it can't happen, but so far price isn't dropping. It's dipping and bounces right back.
london red 08:49:09 GMT - 03/05/2020
while abv 200dma biased to try higher - euro drops like a stone once rallies are over, so you will know about it. nicer to try to fade high but not always poss, though holding abv 200dma suggests we will another test higher which may be the one to fade, we shall see.
Mtl JP 08:36:09 GMT - 03/05/2020
london red 08:16:53 GMT - 03/05/2020
china put everything on lock down because they can. pmis are in the 20's and 30's showing just how much things tailed off because of the lock down. and because of this they manage to limit the outbreak for now, though due to the way the virus spreads it likely that it will have an opportunity to infect everyone that is not isolated from society. how bad it affects the young and otherwise well population determines how fast output starts to claw back.
PAR07:58:06 GMT - 03/05/2020
Situation in China seems to be under control.
Mtl JP 07:49:03 GMT - 03/05/2020
can someone please explain what has made chinese stocks rocket
chinese consumer ?
AT Trader john 20:22:57 GMT - 03/04/2020
2-yr 0.669% -15.8
Spread 10s-2s +27.8 (+29.6)
US: 0.947% -0.7
UK: 0.342% -4.8
DE: -0.629% -1.2
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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