[SF Monedge]

Since its slow:

Just a note  – The 6month yield is essentially flat at 5.06% and the 10yr is essentially flat at 3.51 on the yield curves.  The only ones with a positive curve are the 15yr, the 20 yr, and the 30yr if I am reading the numbers correctly.  I would love to hear from some of the viewers out there who never comment about what they think of that.

[Mtl JP]

cook yaks at bottom of hour
– on “financial stability”

[Mtl JP]

any one notice … David Zervos, Jefferies chief market strategist:
“Blame traders living in rate cut la-la land — not the Fed — for recent market turbulence”

blame ?! why BLAME … instead of thanks ?
and who the heck is jeffries – the privilleged baby – to be unhappy about market turbulance ?

[Mtl JP]

dlrchf 9078
POOF !
someone does not like my swarm idea
or yellen’s gluttony ?

[Mtl JP]

thks Jay !

and be nice plz, throw a long billion at my trade to help get to the trgt \!

would that not be nice to get some swarm-trading by retail going eh ?

[GVI Forex 2]

USDCHF 5-MINUTE CHART – CHOICE OF TIME FRAMES

I like to look at whatever time frame chart is tracking a market the best, especially when there is a trend.

Today I have found using 5-minute AT charts to identify changes in direction in what has been a range day since I came in

So here is one for you JP, which indicates a potential directional shift with the target at ..9088.

Reminder this is a 5 minute chart and directional shift patterns are better seen on 15 and 30-minute charts. but 5 minute has been working today.

[Mtl JP]

Trade Idea // DLRCHF
note: you are big boy / girl: risk control is your responsability
–
Current 9074
could be a buy here or on approach close still to 9062
SL … see big boy girl note above

[GVI Forex 2]

This is a very timely article as USDJPY trades higher and the BoJ lurks

A Warning for Forex Traders; Don’t Count on a Central Bank to Protect Your Trade

A Warning for Forex Traders; Don’t Count on a Central Bank to Protect Your Trade

[Mtl JP]

DLRchf 9077

a moment here so well sang about in the lyrics of Steve Perry from the band Journey – “Some will win, some will lose, some are born to sing the blues”

[GVI Forex 2]

EURUSD last at 1.0750 – Zero sum game day for this pair and commodity currencies are still recovering,

Waiting for US 10-year auction results

Waiting even longer for the BOE decision

[Mtl JP]

DLRCHF 9079
making a threat here

probably an opportunity for the 5pip trgt crowd

[SF Monedge]

Shares are being modestly bought.  Euro is behaving modestly sold.  Volume in stocks is negative.  Euro is going with the volume.

[Mtl JP]

US 10-YR 4.486 +0.025

still laughing ? I suspect janet is. “all the way to the bank” as per old saw

[michael Calif]

Option Profile is slanted to SELL all sizeable rallies, possibly until mid-July

[GVI Forex 2]

XAUUSD 5 MINUTE CHART – MID RANGE?

I was just asked if XAUUSD was a sell. First, I do not trade it so I can only speak from what I see on charts.
‘
If you scroLL down to my post on XAUUSD, I cited the range at 2300-2332. ‘

So ask yourself whether you want to sell mid-range with the low likely in for the day unless it is just a scalp short against the blue AT lines. ..

[GVI Forex 2]

AUDUSD 5 MINUTE CHART – AT LADDER PATTERN

AUDUSD bouncing off its low as commodity currencies get a lift.

I am using this 5-minute chart to show how The Amazing Trader works with all instruments in all time frames.

We prefer using 15 or 30-minute charts for directional indicator patterns but in a quiet day like today, the 5-minute gave an early sign of a potential change in direction (as long as the low stayed intact).

Note the rising red lines are called an AT Ladder pattern.

Visit The Amazing Trader

[Mtl JP]

DLRx 105.40
right on Resistance

puppy seems to be trading selectively amongst its components but as a whole instrument currently has little steam in the vatt to push it higher.

altho the grander scheme of things it is the euro that will – when it happens – see a cut first . In the meantime it ll probably need see a move up in yields to get some live.

three fed yakkers on deck still to yak and janet’s dept at
13:00 peddles off 42 billion of 10-yr paper

[GVI Forex 2]

US500 BOUNCES OFF ITS LOW

Visit The Amazing Trader

[michael Calif]

if it helps, Option Profile in Gold futures remains SELLER controlled from the TOP above 2400, possibly until mid-July

[GVI Forex 2]

XAUUSD 1 HOUR CHART – OFFERED OR OFFERED IN A BID MARKET]

One hour chart showing a downside risk but failure to test 2300, which guards key levels at 2291 and 2277, raises the question of whether XAUUSD is offered or just a case of trading offered in a bid market.

The jury is out on this while it trades between 2300-32.

[GVI Forex 2]

THIS IS A GOOD TEST FOR ANY DAY TRADER.

LOOK AT THE  EURUSD AND SEE HOW YOUR EMOTIONAL BIAS CHANGES WHEN IT IS TRADING ABOVE AND BELOW THE 50 LEVEL (1.0750).

FOR THOSE WHO HAVE NOT READ THIS POPULAR BLOG ARTICLE OR WANT TO TAKE A LOOK AGAIN

MY FAVORITE TRADING SECRET: THE POWER OF THE “50” LEVEL

[Belgrade Bobby]

NVIDIA Daily

Goldman Sachs today raised its price target on Nvidia $NVDA to $1,100 up from $1,000 while maintaining its Buy rating

[SF Monedge]

In the bigger picture AudUsd has just begun a sell side bias and is nowhere close to my parameters for finishing.  That does not mean a bounce around current levels.  I’m on the sell side until 6600 is firmly compromised including on an intra-day basis, were patience simply applies during any bid bias occurring.  I don’t like calling tops and bottoms.  I’ve seen it empty the accounts of many, many would be and professional traders alike.

What matters is that you don’t miss.

[Belgrade Bobby]

NASDAQ Daily 

[SF Monedge]

I may write a book named How To Not Trade Like an Egomaniac.

[GVI Forex 2]

Seeing some correlation with FX as US yields tick higher, 10-year at 4.49% ahead of today’s auction.

[Belgrade Bobby]

EURUSD 4H

Yesterday , as expected support at 1.07500 held it’s grounds and we hit 1.07900 (almost –yeah well , can’t predict it in a pip J .

Overnight the support at 1.07500 was penetrated and now the pressure is on the downside .

Resistance at 1.07550, and Support at 1.07350 .

Next Support comes at 1.07150 – break of would open a space for a larger down wave to 1.06750 at least.

[GVI Forex 2]

A look at the day ahead in U.S. and global markets from Mike Dolan

Wall Street looks to have brushed off the latest hawkish Federal Reserve noises and Disney’s outsize swoon, with European bourses stalking new records as Sweden becomes the latest G10 central bank to cut interest rates and oil prices plunged.

Morning bid: Stocks buoyant as Sweden cuts, oil skids

[GVI Forex 2]

USDX 4 HOUR CHART – RETRACING BUT BELOW RESISTANCE

USDX has retraced from its post-jobs report low set last Friday as the USD recovers. However, if EURUSD were leading rather than lagging the USDX would be higher (EURUSD IS 57.6% OF THE INDEX).

The key level is 106.00, with support at 105.09, suggesting the current range is 105-106 for now but only a break of 106.00 would negate the technical risk on the downside.

[GVI Forex 2]

AUDUSD 4 HOUR CHART – Make or break level

AUDUSD performing technically, with the 2 blue AT LINES POINTING TO A CHANGE IN DIRECTIONAL RISK THAT HAS SEEN A TEST OF THE KEY .6565 LEVEL (CITED HERE YESTERDAY).

This puts AUDUSD at a crossroads as .6565 is a make or break level. If it holds, then expect a bounce. If it is broken, then look for a test of the trendline or lower.

So far, it has held the first test of this level.

[Author]

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