Covered the positions. 30 pips for this low-risk trade
Just sold AUD/CAD at 0.9369. Downward channel broken today
Israel MacroMicro 15:58:28 GMT - 10/15/2020
Knez
parity is the launch rate back when hair grown faster :)
Belgrade Knez 15:53:36 GMT - 10/15/2020
Israel MacroMicro 12:09 GMT October 15, 2020
waiting for EUR/USD to get tired and get into LONGS
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maybe time to look for EUR/USD to go down towards parity
HK Kevin 14:34:31 GMT - 10/15/2020
Just sold AUD/CAD at 0.9369. Downward channel broken today
Israel MacroMicro 12:09:37 GMT - 10/15/2020
waiting for EUR/USD to get tired and get into LONGS
AT Trader john 11:09:19 GMT - 10/15/2020
Generally, yes. When traders of all stripes are having difficulty with the markets, there is a natural tendency to move to the sidelines until conditions "improve". Usually this is only temporary.
They will all be back as soon as the next trend develops...
Israel MacroMicro 10:51:04 GMT - 10/15/2020
John
when you state 'liquidity has diminished' do you mean that funds are sidelined or funds are waiting for a trigger to enter and even today?
AT Trader john 10:26:42 GMT - 10/15/2020
Personal Observations
London expected to increase Covid19 restrictions as soon as this weekend. An announcement is due at any time. EU restrictions have been a weight on the EUR. I saw the head of a top UK bank today say businesses have learned how to adapt and that the economic impact of "shutdowms" has tended to lessen considerably from what it was last winter.
EURUSD has been holding the 1.1700 line. It looks to me as though liquidity has diminished this week. This could be the source of some of the recent price volatility.
Brexit discussions continue expect to see more headlines. Be wary of what is being said because sometimes participants can be negotiating via the press. The GBP is looking vulnerable at the moment, but this can change in the blink of an eye. EURGBP is better reflecting the softer GBP. Markets are not expecting a Brexit deal imminently.
On this score, the odds of a U.S. stimulus package ahead of the November 3 elections are falling the longer they wait. Nancy Pelosi appears to have decided to wait until after the vote.
The Aussie is still looking vulnerable. while USDCAD is better. U.S. equites are soft, reflecting the dim prospects for a stimulus package soon.
Thu 15 OCT 2020 AA 20:30 AU- Employment AA 12:30 CA- Retail Sales A 13:30 US- Weekly Jobless A 12:30 US- Philly Fed B 12:30 US- Empire PMI C 12:30 US- Import Prices Fri 16 OCT 2020 AA 09:00 EZ- Final HICP AA 12:30 US- Retail Sales A 13:15 US- Industrial Production AA 14:00 US- Prelim Univ of Michigan Mon 19 Oct 2020 B 14:00 US- NAHB Tue 20 Oct 2020 AA 12:30 US- Housing Starts/Permits Wed 21 Oct 2020 AA 06:00 UK- CPI AA 12:30 CA- CPI/Retail Sales A 14:30 US- EIA Crude A 18:00 US- Beige Book Thu 21 May 2019 A 13:30 US- Weekly Jobless A 14:00 US- Lead indicators A 14:00 US- Existing Homes Sales Fri 22 Jan 2019
Flash PMIs all day AA 06:00 UK- Retail Sales
Mtl JP 08:23:59 GMT - 10/15/2020
JP 23:21 GMT 10/14/2020
and the so-what is ....
asians are going to monkey-puke US session
-
monkey see. monkey do.
Israel MacroMicro 07:46:15 GMT - 10/15/2020
FDAX @ 12685 LONG
Mtl JP 23:21:30 GMT - 10/14/2020
re Late Wednesday: RISK MIXED
DJ: 28,514 -166
SP: 3,489 -23
NQ: 11,769 -95
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and the so-what is ....
asians are going to monkey-puke US session
Thu 15 OCT 2020 AA 20:30 AU- Employment AA 12:30 CA- Retail Sales A 13:30 US- Weekly Jobless A 12:30 US- Philly Fed B 12:30 US- Empire PMI C 12:30 US- Import Prices Fri 16 OCT 2020 AA 09:00 EZ- Final HICP AA 12:30 US- Retail Sales A 13:15 US- Industrial Production AA 14:00 US- Prelim Univ of Michigan B 14:00 US- NAHB
Mon 19 Oct 2020 B 14:00 US- NAHB Tue 20 Oct 2020 AA 12:30 US- Housing Starts/Permits Wed 21 Oct 2020 AA 06:00 UK- CPI AA 12:30 CA- CPI/Retail Sales A 14:30 US- EIA Crude A 18:00 US- Beige Book Thu 21 May 2019 A 13:30 US- Weekly Jobless A 14:00 US- Lead indicators A 14:00 US- Existing Homes Sales Fri 22 Jan 2019
Flash PMIs all day AA 06:00 UK- Retail Sales
Actionable trading levels delivered LIVE to YOUR charts
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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