Trinidad and Tobago
Age 69
Trading strategy
Intraday momentum and/or range-breaking strategies
Biography
a retired educator who has learned the art of trading on the stock market
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Followers
Write a Squawk to Vity studying the market movement for the new year
  • Squawk / 05 June 2018 at 21:20 GMT
    FX Trade Strategist / www.Loonieviews.net
    Canada
    US Wrap: part 2 EURUSD soared from a mid-morning low of 1.1650 to 1.1731 after a Bloomberg article said that the ECB might announce when they intend to stop asset purchases. Prices remained elevated into the close.

    Better than expected ISM Non-manufacturing PMI (Actual 56.6 vs forecast 54.8) and JOLTS reporting a 68,000 increase in job openings underpinned the greenback, briefly. USDJPY rallied to 109.90 from 109.60. The gains evaporated on the ECB story, but prices drifted higher into the close.
    Read the Squawk
  • Squawk / 05 June 2018 at 21:20 GMT
    FX Trade Strategist / www.Loonieviews.net
    Canada
    US Wrap: part 3 US/China Trade talks caused a stir. Reuters reported that President Trump is considering China’s offer to import an additional $70 billion from the US over the next two years.

    Wall Street turned a frown upside down. The majors were in the red just before lunch but recovered in the afternoon, helped by the positive China trade talks.

    Oil prices bounced off their overnight low. WTI oil climbed from $64.25 to $65.50/b supported by profit-taking and expected US crude supply drawdowns. The American Petroleum Institute recorded a 2.028-million-barrel decline in weekly crude stocks, at the end of the day.

    Wednesday Focus: If Australia Q1 GDP data (forecast 2.8%) surprises to the upside, prices will retest yesterday’s 0.7062 peak. Disappointment will send AUDUSD to 0.7550
    Read the Squawk
  • Squawk / 04 June 2018 at 20:37 GMT
    FX Trade Strategist / www.Loonieviews.net
    Canada
    US Wrap: Tentative shift to risk=-seeking

    NY Focus: The FX world was in an upbeat mood when New York traders started their week. The Australian dollar led the major G7 currencies higher with only the Japanese yen bucking the trend. Traders were pleased about the lack of negative headlines about the new Italian government and an absence of hostile trade rhetoric from the US or other countries. New York traders didn’t see it that way. They bought US dollars and by the day’s end, the greenback posted gains across the board compared to the open.

    President Trump may have had something to do with the move. He was tweeting up a storm, blaming Canada, Mexico, China, and others for mistreating American farmers. He also announced that as President he could pardon himself.
    Read the Squawk
  • Squawk / 04 June 2018 at 20:37 GMT
    FX Trade Strategist / www.Loonieviews.net
    Canada
    US Wrap:Part 2 EURUSD added to European gains but topped out at 1.1743 just after breakfast. Prices slid steadily to 1.1678 when European went home and then they drifted up to 1.1700 by the end of the day. US Factory Orders (-0.8 vs forecast -0.3%) did not have any impact.
    Sterling peaked at the open and then dropped like a rock after Silvana Tenreyro, an external Monetary Policy Committee justified why the BoE left rates on hold in May. GBPUSD fell from 1.3397 to 1.3295.
    USDJPY dipped to 109.37 in early trading and then rallied to the day’s high of 109.84 at the end of the day supported by a rise in US Treasury yields.
    Wall Street followed Europe’s lead and gained led by technology stocks. Oil prices traded with a negative bias on production increase fears.
    Tuesday Focus: Sterling could extend today’s losses if Tuesday’s May Markit Services PMI is below the 52.2 forecast. The minor uptrend from Friday was broken with the drop below 1.3360. A break of 1.3290 should lead to 1.3250
    Read the Squawk
  • 04 June
    MyTrade MyTrade
    How low this once excellent page has gone is tremendous.
    05 June
    Treve Treve
    well said guys! has all gone to the birds as they say, I subscribe now to Max McKegg and that is enough for me!!
    05 June
    MyTrade MyTrade
    Rememer, end of the cycle like no other. Buy everything and then wonder what story for Q318 will be created. All material had been recycled :). SELL...
  • Squawk / 08 May 2018 at 5:51 GMT
    Professional Technical Analyst / BSH Advisory
    India
    Crude oil trading at 70 , rose on Iran nuclear deal issue where upside important level to watch is the close above 70.50 if so can rise till 72 else can take a slight correction if all the clouds clear. Overall upside 70.50-71 a resistance zone and downside 67.50 is a support can be seen. One can avoid trades in this counter as risk factor rose to high levels.
    Read the Squawk
    09 May
    Vity studying the market movement for the new year Vity studying the market movement for the new year
    I will be short at this time of uncertainty
    09 May
    Vity studying the market movement for the new year Vity studying the market movement for the new year
    I find the market is so risky for trading
    09 May
    BSH BSH
    Untill it stays below 67.50 it will be buy on dips only sir.. except technical selling there is nothing negatuve for oil EIA also might support...
  • Squawk / 27 April 2018 at 21:16 GMT
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    Brazil
    Where is the stock screener function in the new PRO platform?
    Read the Squawk
    09 May
    TomasCZ TomasCZ
    IS THE PRO platform free, or there is a fee?
    14 June
    brandon lee brandon lee
    it is free
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