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  • The $250 billion of goods from China taxed at 25%, will be taxed at 30%

Added at 5:02pm

Added at 5:02pm

Added at 5:02pm

Damn, knew I should have held sell position on oil over the weekend!!!!
  •  Guest
  • | IP XXX.XXX.9.206
So who else thinks there will be major gaps come Monday morning!??? hahahaha
1.1160 closed
Quoting JakubSzalaFX
1.1160 closed
Yep, great for my EJ and EG longs. Thanks, Donnie!
Lie
Everyeare lie
F.... moneymakers
Gbpaud droped 113pips now.
  •  Guest
  • | IP X.XX.152.89
5% more ... Is it really much more? Is this what market expected ?
Trump play his flute, now what could stop Gold from gap up opening!!!
Is this good or bad for USD pairs?
EUR/USD and GBP/USD up or down?
  •  Guest
  • | IP XXX.X.136.200
gold long, crude oil short. Usd/Cad= short
If Trump doesn't act now....as he is....then who will and when? Go for it Trumpster!!!!
i believe markets will start ignoring Trump this week .
Quoting gzforex20
Is this good or bad for USD pairs?
Seems like bad for USD
1226 eur/usd atm
I really started to warm up to this guy ... damn, he is bold!
Took all the risk on stuff off and went for USD/TRY long. Figured whatever was to come was going to be hard on emerging markets.

See what happens come Sunday.
Badass and Based! I approve of this message.
Can this trigger a black swan 🦢?
Trumps actions are unhelpful for making a deal with China and unhelpful for traders who have to deal with the extra layer of risk he creates.
Gold how much up monday ?
  •  Guest
  • | IP XX.XX.237.67
Any idea gold on Monday opening??
  •  Guest
  • | IP XXX.XXX.95.245
G7 summit may change all this
He did wait till after the weekly close of the market. Usually news of this impact, when it occurs on a Friday or Saturday seem to have their effects blunted by the time of the next week's open. As if giving the markets time to properly digest the news lessens the impact. He may reverse course over the weekend too, especially on the most preposterous exhortation that American biz immediately cease operating in China. As if !
  •  Guest
  • | IP XXX.XX.165.159
He is forcing the FED to cut. Giving the FED the reason to if they can't find it by now. Its a race to zero now. And a race to negative for many. Trillions are out there running around printed post 2008. CHF will go even more negative and still will find the Franc running away in strength as everyone looks for trillions to find a safe haven in a negative yield world.

Trump just told the FED if you won't cut then I will force you to cut. Do not expect any retreat from this plan now. Nothing changes until the FED Sept meeting and of course a weak US dollar to follow.

The recession is going to come no matter what. They almost had rates normalized and then the trade war impact took hold. Well that and Brexit and the general malaise in global consumption.
Risk off heightened, safe haven straight
Quoting foto
Took all the risk on stuff off and went for USD/TRY long. Figured whatever was to come was going to be hard on emerging markets. See what happens come Sunday.
hi i had sell limits mxn did well
try i have a try sell came down but as you say open we see what it does
Quoting Aaafx-trader
I really started to warm up to this guy ... damn, he is bold!
he certainly knows how to push buttons
dow jones now 25400
He needs to be careful that China doesn't decide to weaponise the enormous amounts of US treasury paper they hold.

That would get really ugly...
The man is mentally unstable. One of the few, possibly only, people to go broke operating a casino. Declared bankruptcy 6 times. He's now trashing the economy. The US is now paying farmers not to grow crops because it's no longer profitable. He's burning down the house and morons here, who've drunk the Kool-Aid, are praising him like he's some kind of genius. Just stop and think about it. It's not going to end well.
Good to see China has met their match. I only wish AUS government did the same
Quoting longfellow
The man is mentally unstable. One of the few, possibly only, people to go broke operating a casino. Declared bankruptcy 6 times. He's now trashing the economy. The US is now paying farmers not to grow crops because it's no longer profitable. He's burning down the house and morons here, who've drunk the Kool-Aid, are praising him like he's some kind of genius. Just stop and think about it. It's not going to end well.
aweeee stop be a crybaby hes done so much for America , his tweets are making people rich
  •  Guest
  • | IP XX.XXX.12.194
Quoting Guest
Any idea gold on Monday opening??
I trade by reading price sequences in real-time (i.e. using the Iterated Functions System (IFS) formalism of fractal geometry). I only trade Gold. The market is of course unpredictable as established by chaos theory -------> Some posters above suggest (as a result of Trump's tweet) that the market will gap up (what is called a price jump in fractal geometry) but that is neither here nor there -----------> however, it also is not unlikely (but not because of Trump rather, if it occurs, it would be the result of pent up buying pressure constrained by trading time in terms of the microstructure pairing of available orders). What one can say at this point (from reading the statics of market action at close Friday), is that Friday market action initiated a sequence change from what we call a persistent series down to a persistent series up. This means that Gold has reverted to its erstwhile cyclic trend up (implying that the system down was what so-called "technical" traders call a "correction"). To your question however, I doubt that anyone would know for certain. What might be useful to appreciate is that Gold is now strongly deviated to the upside across all scales (as opposed to the downturn which was limited to M1 - H4 only or the intraday feed). So we all who trade Gold should be looking now to buy dips (the specifics of which depend on how you read and interpret market action).
I see a "buy" on EUR/USD......... chaii.... am getting rich soon
Quoting Manudatinh
Hidden
Is the truth hurting or is it so that you are not allowed to criticize the "chosen one"? Only he can bash other people and by doing so many times put their lives in danger.
I guess it is also just fine to criticize and blame Obama for everything.
Quoting longfellow
The man is mentally unstable. One of the few, possibly only, people to go broke operating a casino. Declared bankruptcy 6 times. He's now trashing the economy. The US is now paying farmers not to grow crops because it's no longer profitable. He's burning down the house and morons here, who've drunk the Kool-Aid, are praising him like he's some kind of genius. Just stop and think about it. It's not going to end well.
He may be a wacko but another, even more dangerous possibility is that the POTUS knows well what he is doing. He just does not give a damn about economy, all he cares about is to get him and his family to another presidential term. This is why he keeps pondering in his tweets to his half-wit supporters. Ignorants need simplistic ideas on how things are and this is precisely what he is selling them. DT has alwas been a brilliant BS merchant.
Quoting TraderTero
Only he can bash other people and by doing so many times put their lives in danger.
Who's life was in danger because of him?
Quoting Manudatinh
Hidden
Irrelevant. One does not to be a politician to be able to criticise a politician. In fact, this is one of democracy's pillars: the leader's action is always a subject of public scrutiny. Worldwide, if such leader, and his country, pretends to be the world's No.1. You do not like it? Consider moving to North Korea, then. It should suit you better, than free world.
Quoting Manudatinh
Hidden
Lie.

GDP growth was actually better when Obama was in charge. And he did it WITHOUT these megalomaniac tax cuts.

Attached Image (click to enlarge)
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Achievements Donald Trump:
- Record high Trade deficit with China
- Record high Debt growth (1.2 trillion a year !!!)
- GDP growth 2.2 percent, debt build up 5.6 percent per year, that's great organic growth isn't it !
- Losing the trade war BIG TIME
- Rustbelt is toast, losing manufacturing jobs like there is no tomorrow
- Kim is doing daily missile tests / having fun about clumsy DT (just like everybody else in this world)

BTW Labor participation rate is 6 percent lower no wonder you have low unemployment. Just make sure a large chunk of your population doesn't participate and you'll get a great unemployment rate. Employment rate is lower than France, can you believe that Manu !!!??

Fact of the matter is, Trump is the worst president ever, he's such a loser, I mean a loser-loser. Impeachment is too late.
And BTW, under Obama unemployment dropped at a much faster pace, job growth actually SLOWED DOWN under DT. As you can see since DT is in office unemployment leveled off


Attached Image (click to enlarge)
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After a whole year my Gold charts are still on track.
Attached Images (click to enlarge)
Click to Enlarge Name: 6 Gold weekly 08-17-18..png Size: 86 KB Click to Enlarge Name: 16 Gold weekly 06-07-19 Before.png Size: 103 KB Click to Enlarge Name: 27 Gold monthly 08-23-19 After.png Size: 107 KB
Quoting Manudatinh
Hidden
Aren't you adorable. Do you actually believe he only takes a dollar a year to serve. He donates his $400k salary to the government, ostensibly for the tax write-off. But he makes that amount and more EVERY WEEK by requiring administration travel be booked at his properties (the one's he was supposed to not have an interest in while serving, but still does). The whole presidency is pretty much a grift, and he's making a lot of money. And as has been said by barkie above, Trump simply rode a trend in the economy, and then actually slowed down the pace of improvement. All the while, adding debt at a faster pace. And one other point that barkie didn't mention, some of the markets, like soybean, that Trump has destroyed, are never coming back.
his reaction is exactly what the chinese were waiting for and they did their tweet just at the right time , art of war ….
Two points: Obama made Jimmy Carter look good----and its about time a US president stood up to China which is stealing anything they can steal from the west.
Quoting TraderTero
{quote} https://www.rollingstone.com/politic...n-omar-822225/ https://www.miaminewtimes.com/news/d...ilson-11223141 https://www.tmz.com/2019/08/09/kenny...death-threats/ https://thinkprogress.org/trump-doub...-6511c9c7f1b5/ https://www.independent.co.uk/news/w...-a8856656.html
I hope you are joking. He endangered the racist anti-semit Omar by posting what she actually said? She is a danger to herself and others by her lack of common sense. And she indeed made fun of americans being afraid of Al Kaida, as if those were normal people. People like her deserve much worse...
Quoting OnlineAddict
{quote} I hope you are joking. He endangered the racist anti-semit Omar by posting what she actually said? She is a danger to herself and others by her lack of common sense. And she indeed made fun of americans being afraid of Al Kaida, as if those were normal people. People like her deserve much worse...
She has been voted to congress in democratic elections to represent the people who have voted for her. You are basically saying that only people who share the same opinions in congress should be able to be there. No other opinions need to respected and the POTUS can freely attack anyone who opposes him. That is a very autocratic approach and hopefully it is also fine when the other side wins.
Quoting Manudatinh
Hidden
I think my neighbors dog could do a better job and would definitely vote for it over Donald Trump.

My greatest wish is Trump would buy Greenland, move there and bring all his followers with him.
Quoting TraderTero
{quote} She has been voted to congress in democratic elections to represent the people who have voted for her. You are basically saying that only people who share the same opinions in congress should be able to be there. No other opinions need to respected and the POTUS can freely attack anyone who opposes him. That is a very autocratic approach and hopefully it is also fine when the other side wins.
No, I am not saying that, don't put words in my mouth. She has been elected on completely different rhetoric, now when in congress, her views and opinions turned completely, so I am sure she won't make it into congress again.

And other opinions? So when I say holocaust wasn't as bad, its just another opinion? And if I said so and somebody pointed that out and I got dead threats, it wouldn't be my fault, but the person's who pointed that out fault? Just an example.

Come on, I know you hate Trump, but that doesn't mean you have to defend everyone who is against him, even the complete morons, who are obviously racist and hateful.
  • Post #56
  • Quote
  • Edited at 4:03pm Aug 24, 2019 3:03pm | Edited at 4:03pm
Quoting OnlineAddict
{quote} No, I am not saying that, don't put words in my mouth. She has been elected on completely different rhetoric, now when in congress, her views and opinions turned completely, so I am sure she won't make it into congress again. And other opinions? So when I say holocaust wasn't as bad, its just another opinion? And if I said so and somebody pointed that out and I got dead threats, it wouldn't be my fault, but the person's who pointed that out fault? Just an example. Come on, I know you hate Trump, but that doesn't mean you have to defend everyone...
I was not defending her in particular, I'm defending democracy and the right for people to have different opinions without having to fear for their lives because of them as this is what happens in dictatorships. I don't hate anyone but I do dislike people who cannot give any respect to others opinions and who believe that they always know better.
An intelligent person understands that he or she knows very little but a stupid person doesn't understand that. That's why an intelligent person never calls himself intelligent but a stupid person can do it.
Not getting any better:
"China warns U.S. to stop 'wrong' trade actions or face consequences"
https://www.yahoo.com/news/china-war...133722147.html

Get ready for the black swan.
Wherever this trade war is leading to would be intriguing!
Same time!!!!
Long Gold
short eur
short gbp
short aud
short usdjpy
long usdcad
Same time!!!!
Quoting mike79
Same time!!!! Long Gold short eur short gbp short aud short usdjpy long usdcad Same time!!!!
opening will be interesting mate , i wonder how many brokers might delay
1227 eur usd
Quoting barkie
And BTW, under Obama unemployment dropped at a much faster pace, job growth actually SLOWED DOWN under DT. As you can see since DT is in office unemployment leveled off {image}
I know Barky isn't so dense as to fail to understand that uhbamma threw 10t at the economy, which had just bottomed when he was inaugurated. Barky knows well that a recovery after a blow-up like 2007-8 will be a strong one, if the administration even tries a little. We know that the administration was a limp noodle, and spent 8 freebie years, making a marginal come-back by writing hot checks. Then, when the international financiers tried to bring the Trump economy down by throwing interest on, that we can't possibly afford, the fed was simply trying to drive us into the dirt like rigganomics. It didn't happen because of some solid emergency actions by the administration. Barky knows all of this but is intent to use some hardly related facts to disprove what he knows but doesn't like.
Quoting Manudatinh
Hidden
He takes a dollar a year, while getting free publicity for his properties, and who know what other kickbacks under the table?! Are you so naive to really think he cleaned up the swamp like he proclaimed?? And yean, *apparently* the unemployment rate is so great - except they recently announced that it was some kind of reporting error and several hundred thousand jobs that appeared to have been created in the last year, actually had never been.
Quoting mike79
Same time!!!! Long Gold short eur short gbp short aud short usdjpy long usdcad Same time!!!!
You mean short usdcad.. US dollar will weaken.
GBPUSD May Down....?
[quote=TraderTero;12462186]{quote} I was not defending her in particular, I'm defending democracy and the right for people to have different opinions without having to fear for their lives because of them as this is what happens in dictatorships. I don't hate anyone but I do dislike people who cannot give any respect to others opinions and who believe that they always know better


I have to lol at the hypocrisy here .

Read them words . He defends " democracy " .

Well that is a certain democracy . Not the Brexit kind . With a mandate of 17.4 million .

Hypocrite
Quoting Vancarbon
Quoting TraderTero
{quote} I was not defending her in particular, I'm defending democracy and the right for people to have different opinions without having to fear for their lives because of them as this is what happens in dictatorships. I don't hate anyone but I do dislike people who cannot give any respect to others opinions and who believe that they always know better I have to lol at the hypocrisy here . Read them words . He defends " democracy " . Well that is a certain democracy . Not the Brexit kind . With a mandate of
...
Russians should train their trolls better. Was Brexit discussed here?
  •  Guest
  • | IP XX.XXX.157.206
Quoting Huntpips
Gbpaud droped 113pips now.
From where you find this? my MT4 did not show the drop. if you have any link please share....
Quoting Aussi
{quote} opening will be interesting mate , i wonder how many brokers might delay
Good day and harvest gain.
Quoting PipHunter66
{quote} You mean short usdcad.. US dollar will weaken.
No, friend. Long usd short cad.
Have a lucky tradind day.
  •  Guest
  • | IP XX.XXX.18.139
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  • Story Stats
  • Posted: Aug 23, 2019 5:02pm
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 71  /  Views: 20,313
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