In case you haven't heard, there's been some new developments to the
@trader_funding
program.
👀You can now apply for a 90% profit split instead of the standard 75%
👀Even better news is that the drawdown limits have been increased from the previous 5% (max drawdown) and 4%
RIP
#SirCliveSinclair
So many hours mashing 'N' & 'M' while playing Daley Thompson's Decathlon. Then going to Dixons and printing "Up the Hammers" on all the display Spectrums 😂
@tomhfh
A 30,000 page Health and Safety report taking 5 years to complete.
A 40,000 page envrionmental report taking 5 years to complete.
Then a £2bn five year project causing the whole of Chester to be shut down for 6 years.
Rinse and repeat when they do the wrong platform.
@trader1sz
This failed break (so far) of 0.99 could help cement at least a s/t bottom. But, another swift move under might mean the next leg lower.
For all the negative scenarios (Fed, energy, Ukraine/Russia etc) it still can't break 0.99 properly so, what can't go down...
@VPPressSec
@VP
Pence returns to DC.
Putin cancels meeting to meet with defence minister.
Rumour EU security council has been called.
14 Russian sailors die on (rumoured) Nuclear sub.
You say no need for alarm.
I'm calling cobblers.
This is what real heroes are made of:
99 year old Captain Tom Moore set out to raise £1000 for the NHS by walking 100 laps of his garden before his 100th birthday. He's just hit £10 million. 👏🏻👏🏻👏🏻
#China
markets to re-open tonight. "Yuan talks " reminder...Expecting not only short selling bans but also big liquidity injections, likely paired with
#interest
rate and RRR cuts and
#PBOC
#CNY
interventions not be ruled out.
#Coroanvirus
#China
's securities regulator CSRC has reportedly notified brokerages to suspend short selling of stocks from Feb 3, according to the 21st Century Business Herald.
Your weekend risk menu:
Could be a big weekend for risk events.
-
#US
- Hurricane Dorian
-Sat -
#Hongkongprotest
-Sat -
#China
#PMI
's
-Sun -
#Germany
state elections
-More
#Brexit
arguing and posturing
-More Italian politics
-Middle East
Lots in the mix. Take care
@Trader_Dante
The killer line - "He said he started out with just £200 and he has made roughly '£40,000 from his own trading, and £60,000 by teaching others."
£60k because it's easier to sell the dream to suckers than make that amount trading (The £40k is probably bollocks anyway).
#Fed
cuts O/N repo size, planning smaller term ops.
Plans to scale back o/n to 100B$ vs prior limit of 120B$.
Tuesday and Thursday term repos cut to 25B$ max vs 30B$ before for Feb and down to 20B$ in March.
Perhaps a smalls negative impact on stocks?
So, this is the official
#US
#China
Phase one deal:
-We'll buy a bit if this
-We'll sell a bit of that
-We've got a bit of discount on some tariffs
-We've given a bit of discount on some tariffs
-We've delayed a few tariffs.
-We've got to negotiate the negotiation signing
😂😂😂
Your guide to $GBPUSD: Here's a chart I knocked up earlier today. More of a bear mat illustration of where GBP might go through these Brexit stages. We're currently kicking around the yellow and blue areas.
Peace and goodwill to all you pip pickers!: I would like to wish all our roomies, readers, tweeters & followers a very happy Xmas/holiday. Stay safe & make sure to relax and forget about trading so you're refreshed for the New Year.
Whopper alert!
Heads up for a large expiry in $EURUSD on Weds. Over 4bn currently due at 1.1500. We're a bit away from that level right now but forewarned is forearmed.
#Forex
#options
Don't forget cash is a safe haven too: It's often forgotten that in times of real market stress, sometimes selling everything and staying in cash is a trade. You can't buy food with paper gold holdings.
Serious
#trading
warning!!
If you are in any $GBP positions over the weekend, you'd better know your risk. We have the possibility of big news and big gaps, and unless you have guaranteed stops, your stops might not be worth the paper they're written on.
1/4
Deutsche Bank now see three
#Fed
rate cuts this year: As Luke from Livesquawk says, the real question is whether DB will still be around to see any of them? 😉 $USD $DB
SHE'S BACK!!!
Yellen's back and wants to "go big.
Live here from 15.00 GMT.
Direct link:
YT link below.
The "So" Index will be open from 14.50 GMT😉
$USD
#Brexit
Parliament update:: Voted against a deal.Voted for a deal.Don't want to pass a deal.Don't want no-deal.Don't want to call no-conf vote.Don't want an election.Have I missed anything?
#UK
= All cool now.
Yields down on the min-budget reversals, no one with a mortgage needs to panic anymore. We can all go back to watching unimportant things like10% inflation, possible deep recession and the BOE continuing to hike rates through all that...
$GBP
@MrMBrown
The bottom is in for USD then 😉
Just goes to show that bank forecasts aren't worth the paper they are written on and are just click bait for Fintwit.
$1 Mil doesn’t seem enough, I’ll be buying $10 Mil $GME instead tonight from Asia when market opens! It’s time to unite & squeeze out those greedy hedge funds! Wallstreetbets, 4 billion Asian community & 20 mil $TRX community supports u! Let’s do this! 💪🏻
@WSBChairman
@wsbmod
Bloodbath in $GBP as the negative forces stack up:
#Brexit
,
#Coronavirus
, port shutdowns. Sometimes just the sheer weight of news can overwhelm a currency. Not the best time for liquidity either. GBP is not alone though as USD is running higher too
Watch your risk trades.
These Iran headlines about an imminent attack on Israel are being bandied about all over the place and risk is taking note.
Sensible traders would rather get out into the weekend, and then get back in if nothing happens come Monday.
Don't be the sucker
@SamCoatesSky
If these firms are so into the green transition, why do they need to worry about what the governments time targets are? Surely they can still work towards their own goals irrespective of what the government does....or are they worried that they won't be getting the tax payers
Good to see the UK press well on the ball with rate hikes;
"UK hurtling into mortgage disaster".
"Mortgage timebomb".
"Mortgage crisis risks triggering biggest house price crash on record".
Where was the worry 18/24 months ago?
It's also now become the latest political
Anyone trading $USD needs to keep an eye on one chart -
US 10 year yields have been slipping and they're now close to the psychological 3% level. A volatile break under there would bring a secondary round of big USD selling.
#FX
very early , wide but real opening rates. All quiet
Tomorrow is Martin Luther King holiday in the
#US
. We may get a quiet start to the week (famous last words...)
$EUR $USD $GBP
$GBPUSD quoted at 1.2756/86: This is the IG weekend market that is open. Completely indicative but tradable.I don't think this is all as negative as that price suggests. We've just got a 3 day punt.
#Brexit
$EUR jumps as the
#ECB
finds another sink to lob
$EURUSD hits the previous highs seen yesterday at 1.1254. To be honest, I'm at a loss as to which way currencies go these days on the easing/tightening scenario as it's all about face.
#China
to ask
#US
to end sanctions on its top shipper COSCO at talks.: How long is China's demands list vs a handful of extra soybean/pork purchases and agreeing on not intervening too much on the $CNY?Sceptical is the word that springs to mind....
#trade
#GBP
finds yet another morning bid : Quite regularly now we're seeing early morning buying in GBP, which then often dissipates. The finger is being pointed at model funds coming in to add/adjust positions. It's been going on for weeks now.
This is what real heroes are made of:
99 year old Captain Tom Moore set out to raise £1000 for the NHS by walking 100 laps of his garden before his 100th birthday. He's just hit £10 million. 👏🏻👏🏻👏🏻
#Trump
- I just met with the Queen of England (U.K.), the Prince of Whales. Have scheduled meetings with Aquaman, Flipper, Popeye and Spongebob...Great guy that Spongebob, going to do a great deal with him, mega deal....
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1/2
Some very early live
#FX
rates Sunday 08 March 2020. Illiquid as you like, take them for what they are and still 4hrs to go before the official open.: $JPY the winner as one may expect.
#$GBPUSD sniffing out the MRP result?: The poll everyone is waiting for is due at 22.00 GMT but like previous occasions, there's a high chance it will leak early. 1.32 is proving a tough nut, & that's due to options activity. There's some clear sky if it breaks.
The changing tunes in elections:
From fucking up polling to wrongly calling the outcome, a lot of the "experts" now popping up in the media claim they expected this 😂
We're very lucky as traders to be able to cut through the bollocks.
Traders beware!
I firmly believe this is now properly the 11th hour, 59m, 59.999999999999999999999s of Brexit.
Here's what trading $GBP might be like today.
Biden says;
-Powell has played key leadership role.
-Provided steady leadership during unprecedentedly challenging period.
-Has full confidence in Powell & Brainard's experirence, judgement and integrity.
-Still has 3 Fed (trading desk 😉) seats to fill.
1/2
An early Christmas present from
#BOJ
's Ueda.
Some hawkish chatter and more on the possible exit path for the BOJ has given $JPY buyers some good news.
Naturally, expectations for the BOJ meeting 19th Dec has ramped up but it's still very unlikely they do anything then. This is
Dont be a mug:
These are not markets for retail traders to try and be clever in. The volatility is extreme and markets are moving very fast. This type of volatility is a retail traders worst enemy.
1/3
#G20
BREAKING NEWS -
#China
's Liu enters
#US
hotel
Other breaking news.
-UK's May nabs all the Toblerones from hotel minibar.
-Putin asks for size M bath robes.
-Trump asks for extra hair dryers.
-Merkel moans that trouser press is broken.
Going to be full of this crap today.