[wfakhoury Amman]

Alert
=======
JPY is ready for the intervention within the coming 24-36 hours from the opening

[wfakhoury Amman]

Alert
=======
JPY is ready for the intervention within the coming 24-36 hours from the opening

[GVI Forex 2]

BTC 4 HOUR CHART –

The question for BTC traders is whether the new range is 55-65k or 60-70k.

As can be seen by this chart it faces some key resistance levels straddling 65k and then above 67000.

On the downside, support is likely as long as it stays above 58801 but 60000 is the clear psychological level, its importance will be whether it becomes the new floor for 60-70k or the midpoint of 55-65k.

[wfakhoury Amman]

Alert
++++++
JPY ready for intervention within the coming 24-36 hours of the opening

[GVI Forex 2]

SEE WHERE USDJPY MIGHT BE HEADED!

A Bold Prediction for USDJPY

A Bold Prediction for USDJPY

[Belgrade Bobby]

Using Search On Our Forum

[Belgrade Bobby]

I think I have solved one technical issue – use the above Search to find exact posting – like eurusd, usdjpy…try it

[michael Calif]

thanks for that bigger view daily chart Bobby.  Should be fun to watch things unfold, as Option Profile confirms and USDJPY rally from here should be sold.

[Belgrade Bobby]

USDJPY Daily

So let’s take a look what kind of damage BoJ did – if at all…

Taking into account BoJ’s intervention appetite so far, I am going to avoid stating some obvious levels – supports and resistances and will focus on only two indicative ones:

152 – that Horizontal line that you can see on this chart – mind you, it goes way back –particularly 20.10.2022. and you can see it now acting as a kind of Pivotal.

155 – if BoJ means serious business, they will take care not to allow market goes a pip above it.

I can only imagine what can happen if market gets idea that this was just a very good Buying Dip – there would not be enough means for BoJ to stop it rallying .

And in that case, do not bother with 162…it would be more of a 172 target.

Crazy ??? Maybe….but I never claimed to be a sane one 😀

[michael Calif]

nearby SP500 and Nasdaq futures remain seller controlled, per Option Profile.  Selling at current levels )SP 5170)

[michael Calif]

…   there currently is no low in USDJPY, per Option Profile

[michael Calif]

thanks Jay, of note Apr 29 11:41pm … “Option Profile has confirmed a significant low in nearby Yen futures, which equates to a top in USDJPY”

[GVI Forex 2]

SEE WHERE USDJPY MIGHT BE HEADED!

A Bold Prediction for USDJPY

A Bold Prediction for USDJPY

[Mtl JP]

From my alma matter – McGill University
an example of the art saying everything and nothing at the same time to everyone

Dear McGill alumni, parents and friends:

I know that many of you have been watching the events unfolding on our downtown campus this week with much concern. I would like to take this opportunity to provide you with an update on what my administration is doing to resolve the situation.

The heartbreaking state of affairs in the Middle East that has led to the encampment on McGill’s campus is complex. I recognize that there are a wide range of positions on the subject and that there is a need for these perspectives to be heard. I also recognize the pain that people on all sides are feeling amid the human suffering caused by these events. I hear it in the conversations I have with people from across McGill and beyond, and it deeply pains me. I would like nothing better than for peace to prevail.

As I have stated on several occasions since last fall, everyone has a right to protest and express their views in an appropriate manner and place, and I support the right of all members of the McGill community to do so on our campuses in ways that respect the law and conform to McGill’s policies and procedures.

An encampment on the University’s property, including on its grounds, goes beyond those boundaries. That is why I decided earlier this week to request the assistance of the police, who have considerable expertise in de-escalating and resolving situations such as these. We are closely collaborating with them, in full respect of the values we hold dear as an institution.

The situation is complex and difficult. We are working diligently and in good faith with our stakeholders to ensure the health and safety of our community, while maintaining a respectful and inclusive campus environment that prioritizes our mission of teaching, learning, and research.

I thank you for your support, and the trust you have placed in my administration.

Sincerely,

Deep Saini
President and Vice-Chancellor
McGill University

Might make an analyst but a high probability failure as an FX trader

[GVI Forex 2]

I have been asked this question on more than one occasion and it is a good one as it can make the difference between failing and having a chance to succeed.

Is There a Difference Between Forex Trading and Gambling?

1. 

Is There a Difference Between Forex Trading and Gambling?

[michael Calif]

for any Oil traders, start positioning you accounts to long Crude futures, per Option Profile

[michael Calif]

by next week, Option Profile likely to have shifted from sell-to-buy in Crude Oil futures (changeover has started)

[SF Monedge]

Been watching that JP.  Forwards have been much the same.  Nearby stronger than outer for over a week more than customary.

[michael Calif]

per Option Profile, shorting June SP e-mini futures 5170  …

[Mtl JP]

geezus …  10-yr 4.502% ; 2-yr 4.812%

[GVI Forex 2]

Newsquawk.com Week Ahead 6th-10th May: Highlights include RBA, BoE, BoJ SOO, ECB Minutes, UK GDP and Canada jobs

Newsquawk.com Week Ahead 6th-10th May: Highlights include RBA, BoE, BoJ SOO, ECB Minutes, UK GDP and Canada jobs

[GVI Forex 2]

Monege, check your email

[SF Monedge]

Am of the belief risk on prevails into next week overall.

[Mtl JP]

heeding Ben Franklin’s ” Kill no more pigeons than you can eat ”
I am done

avagoodweekend

[GVI Forex 2]

I was just asked,

“Shouldn’t you say if it holds or dips below and comes back above it WILL be a sign of a bottom”?”

My answer:

That was a good suggestion and you are correct. In this case, I took it as there were no stops to run there (the key level is low of the day at 1.0724) as risk is still up, and why I SAID TO paY notice.

[GVI Forex 2]

EURUSD 30 Minute Charts – Poiwer of “50”

I hope you are not getting tired of me mentioning the Power of %0 as the EURUSD low at 1.0751 is another example of how this level can be pivotal.

I am not saying you could have caught the falling knife move but when it held above 50 it was a sign to pay notice of a potential bottom

My Favorite Trading Secret: The Power of the “50” Level

[Belgrade Bobby]

Nasdaq 4 H

[michael Calif]

…   is 16400 the next low in Nasdaq futures ?

[Mtl JP]

10:30 — goolsbee yaks on bbrg

[GVI Forex 2]

For those asking WTF look at move higher in US bond yields after the spike in ISM Services PMU>

[Author]

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