FX Trades April 29 – May 3

NZDUSD and NZDCAD added this week but not counted to maintain alignment to 12 Currency Pair Performance.
Week 3 and Prices begin close to vital Break Points, forces Contingency Trades to capture possible Breaks.
Last week, 10 Trades profit 951 Pips,
GBPAUD as mentioned best performer, 432 Available, 383 Profit. I”m exact, Precise. never miss and offer Trades to interested.
                         This Week
EURUSD Available 85 pips
GBPUSD Available 212
GBPJPY Available 213
GBPCHF Available 230
USDCAD Available 274 Pips
CADJPY Available 176
GBPAUD Available 441
GBPCAD Available 310
EURAUD Available 159
EURCAD Available 132
EURNZD Available 198
GBPNZD Available 363
My trusted friend, http://tantalumwatches.com  exquisite top brand name Watches, #watches, Pocket Watches, Rings, luxurious, please have a look, Brian Twomey
                    Brian Twomey

FX Results Feb 22 – April 26

 

Total Available Pips 9 weeks 25,129 Vs Actual 14,908.

Total Available 9 Week Average 2792.22 Vs 1657.55 profit pips. We earn on average 1657 pips per week on 12 to 14 currency pairs. We capture and profit from at least 50% of all traded pips.

Available Weekly Vs Actual

2740, Vs 957

2263 Vs 1033,

3804 Vs 1127

3195 vs 1700’s

2942 Vs 1962

2311 Vs 1979

2094 V 1800’s

2404 vs 2592

3376 vs 1768

Brian Twomey, interested in trades, please contact.

FX Results Apr 22-26

FX Results 2740 available pips, 28 trades, 12 Currency Pairs. Actual 957 Pips, 10 trades. Few entry misses, speculation Thursday Prices employed for week. New low for worst week.

Many Trades just activated, EURUSD, GBPUSD, GBPJPY

Ongoing USDCAD, CADJPY, GBPCHF.

For GBPCAD never triggered however traded to must break 1.7507. Can’t count.

GBPAUD best Trade 383 pips V 432 available.

EURCAD 72 available, profit 72.

EURNZD 151 available, 151 profit

EURAUD 201 available, 154 profit.

Trades

GBPAUD 1.8143, 1.8127, Target 1.8223 Actual 1.8152 – 1.8223. +71.

1.8255, target 1.8447, actual 1.8255 – 1.8447, +192.

1.8447, target 1.8287, Actual 1.8447 – 1.8327, +120 ongoing.

EURNZD 1.6865, 1.6925, target 1.6774. Actual 1.6957 – 1.6736. +151.

1.6744, Target 1.6684, just activated.

EURCAD 1.5011, 1.5029, target 1.5057, Actual 1.5012 – 1.5131, +46.

1.5101, Target 1.5075, Actual 1.5101 -1.4973. +26. Total 72 Pips.

GBPCAD 1.7360, target 1.7288 and 1.7216, Actual 1.7315 – 1.7507. Not triggered.

1.7676, Target 1.7432, Not triggered.

GBPCHF 1.3211, 1.3238, target 1.3103, Actual 1.3270 -1.3163, Ongoing, +75.

1.3050, Target 1.2941, Not triggered.

EURAUD 1.5696, 1.5659, Target 1.5805, Actual 1.5706 – 1.5958, +99 on instruction.

1.5915, Target 1.5860, +55. Total 154

GBPNZD 1.9465, 1.9507, Target 1.9310, Actual 1.9626 – 1.9385, On Instruction +122 Pips.

1.9296, target 1.9219, Not triggered.

USCAD 1.3408, 1.3433, Target 1.3331, Actual 1.3521 – 1.3335, Ongoing Target.

1.3307, Target 1.3229. Not triggered.

CADJPY 82.91, 83.11, Target 83.68, Actual 83.93 – 82.53, Ongoing +46.

83.73, Target 84.73, Not triggered.

GBPJPY 144.10, 144.52, target 144.93, just activated.

145.35, target 146.58, Not triggered.

146.58, target 145.76, Not triggered.

GBPUSD 1.2925, 1.2945, target 1.3015, Just activated.

1.3045, Target 1.3165, Not triggered.

1.3165, Target not triggered.

EURUSD 1.1188, 1.1215, Target 1.1290, Just Activated. Ongoing. 1.1322, Not triggered.

 

Brian Twomey, Interested in Trades then contact.

FX WEEKLY Trades Apr 22 – 26

EURUSD Available Pips 170
GBPUSD Available PIps 250
GBPJPY Available Pips 246
USDCAD Available Pips 166
CADJPY Available Pips 137
GBPCHF Available Pips 244
EURAUD Available Pips 201
GBPNZD Available Pips 283
GPAUD Available Pips 432
EURCAD Available 72 Pips
GBPCAD Available Pips 388
EURNZD Available Pip 151
                  Brian Twomey

FX Weekly Trade Results Feb 22 -April 19

Results, Past 8 Weeks

Available Pips accounts for all possible market scenarios to include Brexit, Wars, Elections, North Korea Missiles, Central bank shenanigans and any surprises. Yet available pips contains easy ability to trade in any given week. The concept to Available is trade to targets then reverse direction when warranted in any week to essentially trade continuous per currency pair for an entire week. Never to miss profits.

Actual are Profit Pips.

Results accounts for 12 -14 Currency Pairs per week. Records exist for past 40 weeks, since last July.

Total available Pips 8 weeks 22, 389 Vs Actual 13, 961 The 8 week Actual Weekly Pip average 1745.12 Vs Available total Average 2798.62

My Weekly and Long term calculations are perfect to achieve perfect targets and to include Day Trades. Statistics are unbeatable. No stops, no charts, no focus on latest market pablum and no screen watching.  Entry Sunday, set target then out. No sweat.

2263 available V Actual 1033

3804 available pips, Actual 1127

3195 available pips, Actual 1700’s

2942 available pips, Actual 1962

2311 available pips, Actual 1979

2094 available pips, Actual 1800’s

2404 available pips, Actual 2592

3376 available pip Actual 1768

Interested in Trades, then contact brian@btwomey.com. Please Money Managers and offers of $100,000’s and 100,000 s to trade, I’m not interested.

     Brian Twomey

FX Trade Results Apr 15 -19

2263 available Pips, 12 Currency Pairs, Actual 1033 pips.
Absolutely worst week in at least last 12 or so,  less than 1127 Pips 3 weeks ago. Week remains ongoing yet no assist to a terrible week.
Movements are quite slack yet targets are slightly off as well, informs caution to problem markets. Lineup below.
GBPJPY 146.82, Target 145.64, Actual 146.97 -145.29, +118 Pips 145.16, Target 144.32 ongoing
EURAUD 1.5737, 1.5705, Target 1.5831, Actual 1.5735 – 1.5839, +99. Short 1.5926, 1.5957, Target 1.5894, not triggered.
EURCAD 1.5112, Target 1.5061, Actual 1.5153 -1.5061, +92 Pips. 1.5001, 1.4986, Target 1.5042, Actual 1.5001 – 1.5095, +41 on Instruction.
GBPCHF 1.3171, Target 1.3083, Actual 1.3202 – 1.3145, +57 ongoing. 1.2874, Target 1.2997, Not triggered.
EURUSD 1.1190,1.1222, Target 1.1296, Ongoing. 1.1319, Target 1.1222, Actual 1.1323 – 1.1225 +98 see Mid Week Update.
GBPUSD 1.3151, 1.3185, Target 1.3069, Not triggered. 1.3052, Target 1.2950, Actual 1.3052 – 1.2978, +74. 1.2950, Target 1.3017, Ongoing.
USDCAD 1.3383, 1.3410, Target 1.3332, Actual 1.3403 – 1.3332, +74. Missed 1.3302, Target 1.3275.
GBPCAD 1.7441, 1.7480, Target 1.7402, Actual 1.7547 – 1.7402, +78. Pips. 1.7363, Target 1.7246, Actual 1.7363 – 1.7313, +50 Ongoing. 1.7246, Target 1.7323,
CADJPY 84.63, Target 83.86, Actual 84.42 – 83.86, +77 Pips. 83.61, Target 82.82, Actual 83.61 -83.46, +19 ongoing.
GBPAUD 1.8109, 1.8146, Target 1.8255, Actual 1.8099 – 1.8230, +84. 1.8367, 1.8403, Target 1.8331, Not triggered.
GBPNZD 1.9435, Target 1.9286, Actual 1.9556 – 1.9390, +45 Pips Ongoing. 1.9278 , target 1.9198, Not triggered.
EURNZD 1.6788, 1.6823, Target 1.6752, Actual 1.6914 -1.6769, +54 Pips on Instruction. 1.6573, 1.6608 Target 1.6679, Not triggered.
 Interested in trades, fell free to contact      Brian Twomey

AUD and RBA

AUD and RBA

Just 2 days after the RBA delivers possible OCR Interest rate lower news, AUDUSD rises 64 pips from 0.7140 to 0.7202. All AUD pairs rose in tandem.

Explained by the rise is not rate cut news but short RBA interest rates dropped against an AUD rise. Such negative news especially an interest rate drop would normally see a dive in exchange rates but not as it applies to AUD.

Former RBA head Big Glenn Stevens and now highly capable Debelle operate under the assumption as stated in the recent RBA Minutes and many past Minutes, a lower OCR would assist in a lower AUD as has always been the RBA lower AUD preference.

The problem derives from AUD opposite correlations to RBA interest rates. Most nearest RBA maturities trade at 1.68 and experienced a severe drop since March persistent highs at 1.80.

Lower RBA interest rates also assisted in lower Australia commodities as evident form the RBA’s index of Commodity Prices. Big Glenn Stevens never understood and again from past Minutes why Commodity prices dropped yet AUD never followed but instead rose.

AUD exchange rates remain the outlier to interest rates and Commodities. Lower AUD comes when RBA raises interest rates but AUD Commodities rise as well. The big 3 to Australia’s economic health remains a persistent and multi year problem.

At some point higher AUD will ht economic news and possibly assist in a much lower AUD but to what satisfaction to please the RBA is unknown. Possibly a rare RBA Intervention is warranted to rightsize AUD’s Mis Correlations because as was highlighted in recent posts, AUD mis Correlations won’t rightsize itself and remains a multi mis price.

AUD High / Low Vital Break Points.

AUD/USD 0.7145 and overbought.

AUD/EUR 0.6309.

AUD/JPY 79.56 and overbought.

AUDCHF 0.7135 and overbought.

AUDCAD 0.9504 and overbought.

AUDNZD 1.0556 and slight overbought.

 

Brian Twomey

FX Results Past 7 weeks

FX Results,  Past 7 weeks available pips Vs Actual Profit on 12 to 14 Currency Pairs per week.
Records exist for past 40 weeks, only 33 weeks remain to report.
Total available in perfectly traded market 20, 126 vs Actual 12, 928.
3804 available pips, Actual 1127
3195 available pips, Actual 1700’s
2942 available pips, Actual 1962
2311 available pips, Actual 1979
2094 available pips, Actual 1800’s
2404 available pips, Actual 2592
3376 available pips, Actual 1768
 this available 2263 Pips
                    Brain Twomey

FX Weekly Apr 13 -19

Fairly balanced week among all pairs. Big trades, GBPCAD, GBPUSD GBPNZD USDCAD, GBPCHF.
Worst EURCAD, EURAUD Expected /Available Pips below
GBPJPY 202 Pips
EURAUD 126
GBPCHF 211
EURUSD 151
GBPUSD 251
USDCAD 214
GBPCAD 272
CADJPY 156
GBPAUD 181
GBPNZD 229
EURNZD 177
                     Brian Twomey

FX Weekly Trade Results Apr 8 -12

April 8 – 12.

Total 3804 available pips, 12 currency pairs, 26 trades. As mentioned 3804 is extremely high however all market scenarios from elections, to brexit, to wars to North Korea missiles is fully factored. Total available pips is actually the result to where prices are located at week’s beginning. The 26 trades are fairly standard and accounts for longs and shorts in each currency pair. 2 way trades however are taken only when appropriate as we don’t nor does a need exist to gamble. We trade sure shots.

Weekly trades are paying roughly 2000 pips per week. In the last 8 or so weeks, the range was 1800 ish to 2300. The total record dates to last July 2018 and began with 35 trades, all different currency pairs for 4000 ish pips.

This week at 1127 was the lowest weekly pip count since at least in about 8 weeks. Overall as in past years, Models are perfect and derives from hard work and updates over the years.

The 12 currency pairs below are chosen and standard as best movers among the 28 G10 choices. Consideration to drop EUR/CAD in favor of NZD/CAD.

Entries and targets below, note the number of trades failed to trigger due to dull price movements.

GBPUSD 1.2911, 1.2942, Target 1.3025, not triggered. 1.3063, Target 1.3215, Actual 1.3063 -1.3122, +59 pips. 1.3215 target 1,.3094, not triggered.

GBPCHF 1.2812, 1.2837, Target 1.2990, not triggered. 1.3016, target 1.3220, actual 1.3016 -1.3146, +130 Pips. 1.3220, target 1.3068, not triggered.

GBPAUD 1.8113, 1.8135, Target 1.8313, Not triggered. 1.8335, target 1.8599, not triggered. 1.8599, target 1.8379, not triggered. 1.8335, target 1.8135, actual 1.8335 – 1.8247, +94.

GBPJPY 143.33, 143.78, target 144.68, not triggered. 145.15, target 146.94, actual 145.15 – 146.35 +120 pips. 146.94, Target 145.84, Not triggered.

USDCAD 1.3120, 1.3151, Target 1.3273, not triggered. 1.3425, 1.3454, Target 1.3310. Actual 1.3394 -1.3309, +85.

CADJPY 82.28, 82.49, Target 83.42. Not triggered. 83.52, Target 84.74, Actual 83.52 to 83.94, +42.

EURUSD 1.1166, 1.1204, target 1.1302, Actual 1.1211 -1.1314, +103 Pips.1.1319, Target 1.1432, not triggered.

GBPCAD 1.7246, Target 1.7335, Not triggered. 1.7644, 1.7599, target 1.7423. Actual 1.7519 -1.7426, +93.

GBPNZD 1.9436, 1.9404, Target 1.9261. Actual 1.9445- 1.9376, +69. 1.9244, Target 1.9180, Not triggered.

EURNZD 1.6767, Target 1.6698, Actual 1.6786 – 1.6714, +72 Pips 1.6675, Target 1.6574, Not triggered.

EURAUD 1.5714, 1.5742, Target 1.5856, Actual 1.5714 -1.5853, +139. 1.5942, Target 1.5899, Not triggered. 1.5885, Target 1.5828, Not triggered.

EURCAD 1.4949, 1.4971, Target 1.5035. Actual 1.4971 -1.5102. On weekly Instruction +64 pips. 1.5121, 1.5143, Target 1.5069. Actual and 1.5101 – 1.5044 Ongoing, +57

 

Brian Twomey

 

My trusted friend, http://tantalumwatches.com  exquisite top brand name Watches, #watches, Pocket Watches, Rings, luxurious, please have a look, Brian Twomey

 

 

 

 

 

FX ASIA Significant MA’s

High / Low Break Points

USD/CNY 6.7542 Neutral

USD/HKD 7.8459 Neutral

USD/IDR 14274.5586 Oversold

USD/INR 69.95 Oversold

INR/EUR 0.0126 Overbought

USD/JPY 111.09 Overbought

USD/KRW 1130.7158 Overbought

USD/MYR 4.0950 Overbought

USD/PHP 52.55 Oversold

USD/THB 31.8859 Overbought

CNY/JPY 16.4524 Overbought

THB/JPY 3.4850 Neutral

USD/SGD 1.3571 Neutral

INR/CAD 0.0190 Overbought

MYR/CAD 0.3249 Neutral

 

Brian Twomey

AUD, NZD, EUR, USD FX and Interest Rates

AUD, NZD, EUR, USD FX and Interest Rates
RBA interest rates at top end Bank Bills at the 1 month monthly maturity current 1.86 hasn’t been seen since early November and the current drop is the result from 2.05 highs on January 3rd. A miraculous drop by RBA’s deeply range bound interest rate standards.
Now AUD is deeply converging against low low NZD then ultra low USD from a curve average perspective. Not many basis points separates USD V NZD V AUD yet both NZD and AUD trade in conventional positions above USD from a curve perspective but maturities trade below USD.
If AUD correlations remain off klter to interest rates and interest rates head higher then AUD is set for a deep drop.
Smart as usual is the RBNZ and clearly brilliant to see and adjust to any market storms. They automatically adjust rates to hold NZD in check.
The ECB and EUR as usual remains comatose as bottom maturity at -0.110 began a steady drop over last 5 weeks from -0.120 to support EUR yet its curve averages are skyrocket high against AUD, USD and NZD.
This forced EUR containment and ability to not break its major high / low break at today’s 1.1390.
USD curve averages are scary low against maturities miles high above counterparts EUR, AUD, NZD. Explains dead DXY and no relief in sight.
                 Brian Twomey

 

Daily FX Trade Methodology

 Thank you to my recent contact from South Africa for reminding me not to exclude my blog in all writings and trades. Thank you to all long time friends and readers as views are skyrocketing. Comments, questions, concerns then please feel free to contact brian@btwomey.com
My trusted friend, http://tantalumwatches.com  exquisite top brand name Watches, #watches, Pocket Watches, Rings, luxurious, please have a look, Brian Twomey
                 Daily FX Trade Methodology.
The 1970’s free float was a never before seen invention for central banks to base currency prices traded against interest rates.
My daily trade system is an exact replica to the original intent against latest central bank methodological interest rate changes.
Anytime central banks change methodologies, I adjust. Central banks offer daily no lose trades when interest rates are released but my system employs a mathematical overbought / oversold component as added feature as well as a vital break point level.
Support and resistance levels change daily and constantly move, sometimes much, sometimes little. I know daily from central banks where those levels are located.
Tops and bottoms are known from central banks and become targets.
EUR/USD today bottom 1.1227, GBP/USD 1,3026. AUD/USD Top today 0.7092, EUR/JPY 126.14.
Support, and resistance, tops and bottoms allows multiple longs and shorts per currency pair. Usually bout 50 pips per pair.
Bottoms are always well known and protected by central banks, its upside requires attention.
Gaps. Huge topic, must know as vital level found between exchange rate intervals. Ex EUR/USD 1.1238, EUR/JPY 125.08, AUD/USD 0.7028 and 0.7029. Gaps occur often but is little known. 
Interest rates apply to 1st position. USD for USDCAD, EUR to EUR/USD, EUR/JPY, EUR/AUD
                     Brian Twomey

 

EUR/NZD Weekly Trade Example

Most Entries are exact and very specific and hold true week after week over many months but what if an entry is wrong.
Here’s a weekly trade example. A Draw down? No, opportunity to add 1 lot to an off entry because I knew exactly where the target was located and I knew price was going directly to the target.
No such concept as draw down exists in trading as this is a misnomer. Target counts first then entry.
Why the specific entry I cannot explain but allow this:
EUR/NZD is a wide range currency pair. Readers would remember the 1.7800 to 1.7000’s trade months ago.
Weekly Strategy. EUR/NZD lacks a trend and long term target but rather it ranges weekly. This means EUR/NZD price is settled and settled prices are meant to leave alone but EUR/NZD ranges weekly 200 ish pips so can’t say no to this pair.
If I highlighted GBP/USD then the strategy would become long only until GBP/USD achieves 1.3700’s target.
As can be seen here, I maintain from calculations a deep simplicity to trades so anyone may understand. Entry then Target.
And as usual interested in trades then fell free to contact. For daily trades, 8 pairs are sent twice daily to cover 24 hour trades continuously from Sunday to Friday.
                  Brian Twomey

WEEKLY and LONG TERM TRADES

Weekly and Long term trades were offered to interested subscribers since last July 2018. Long term trades are defined as 3, 5, 8 and 1000 pips trades and targets. Targets hit absolutely perfect, even at 1 and 2 month trade duration. See last March / April on Fxstreet, 35 trades, never the same pairs hit for 4000 pips. Since, I offered many many long term trades on twitter and Linked In to show long term targets and to prove it can be done. The qualification to FX street trades was 150 pips or better or the trade wasn’t worth the time and effort.

Market conditions must be correct to offer 4 and 1000 pip trades. Except for AUD pairs, not many exist currently.

The model is not only perfect for long term trades but no stops needed, charts, graphs, Fibs. Whatever was previously written on currency trading, charts, graphs, market talk blah blah is all wrong. We have all been exposed to the greatest lies, fallacies, scams, losing trades that has ever been foisted on the trading public. I can prove my claims without a shadow of a doubt. The famous, the Currency Analysts,, leading traders and experts are proven dangerous, losers and should refrain from their losing actions. Jail for grand larceny, conspiracy, theft and destroyed lives is to kind for these crooks.

The chart, candle and fibs are the greatest limitations to traders because it limits their views and profit ability. All quantified and validated.

The model and trades to above claims also works perfectly to stock indices, commodities and any financial instrument on the planet. Again, proven by trades but also certified by my friend Peter Wadkins, a 47 year FX veteran, ACI licensed.

As long term trades weren’t available, I took the long term model to devise weekly trades. Weekly trades based on Sunday instructions earn roughly 2000 pips per week on 10 and 12 currency pairs. Certain weeks bit more than 2000, other weeks slightly less. But 2000 is a great average.

I’m currently gong back to all the weeks since July and finding 2000 weekly is really a good average.

And again, stops, charts, latest market blather is pablum and proven because the weekly trades are perfect. Entry and target is all that’s needed and voila, free money trades are here. And it is just that simple.

Daily interest rate trades are becoming less popular but they are equally perfect. And again certified by Peter Wadkins who also truly understands like me all nation’s interest rates and application to exchange rates and prices.

Multitudes, long term friends and followers surely know exactly what I have done. Putting this model together I assure readers took time and deep effort. We must understand before we can trade. Obviously, multitudes that don’t know me all must think I’m a loon but that’s okay too. They will fall into the hands of the losers and will be soon bounced from the market to earn a living by other means.

Brian Twomey

 

March Weekly Trade Results

FX Weekly Trade Results Weekly and Long term Models were built against excruciating detail and time and produces effortlessly 2000 ish weekly pips on 10 and 12 currency pairs. Results and reporting is honest and factual, certified by my friend Peter Wadkins. I’m trying to give wealth for interested for a pittance in return.
Daily interest rate trades represents extra pips.
GBPAUD 1.8356, Target 1.8672, actual 1.8356 – 1.8611, +255 Pips. 1.8672, Target 1.8145, actual 1.8356 -1.8274, +82 Pips, ongoing. Long 1.8145, target 1.8303, not triggered.
USDCAD 1.3311, Target 1.3163, actual 1.3311 – 1.3297, not triggered. 1.3163 , target 1.3274, not triggered. 1.3477, 1.3459, Target 1.3322, not triggered.
CADJPY 82.16, 82.35, Target 82.99, not triggered. 83.33, Target 84.48, actual 83.33 – 83.91, +58 Pips.
GBPNZD 1.9061, 1.9090, Target 1.9177, actual 1.9062 -1.9177, +115 Pips, 1.9207, Target 1.9351, actual 1.9207 – 1.9473, +144 on instruction
EURAUD 1.5805, Target 1.5910, actual 1.5712 -1.5877, +72 ? 1.5985, Target 1.5935, not triggered.
EURCAD 1.4969, Target 1.5087, actual 1.4905 – 1.5015, +46? Terrible performance
. . 3195 Pips available, 12 Currency pairs, 26 total Trades.
Last week for context 2942 Pips available, 12 Currency pairs, 24 Trades earned 1990 Pips.
Trades factored for contingencies to breaks at significant points. Actual 1685 Pips.
GBPUSD 1.2933 1.2886, Targets 1.3027, not triggered. 1.3074, Target 1.3238, Actual 1.3074 to 1.3195, +121 pips, 1.3238 target 1.3102, actual 1.3195 – 1.3102, +92 Total 213.
EURUSD 1.1215, 1.1183, Target 1.1313, actual 1.1183 -1.1153, +70, ongoing Target, week 2
GBPCHF 1.2843, 1.2873, Target 1.2982, Actual 1.2953 – 1.2982. not triggered. 1.3022, Target 1.3141, actual 1.3022 – 1.3173, +119, on instruction.
GBPCAD 1.7296, Target 1.7350, not triggered. 1.7404, Target 1.7620, Actual 1.7404 – 1.7614, + 210.
GBPJPY 143.57, 143.81, Target 144.77, not triggered. 145.02, Target 146.91, Actual 145.02 – 147.19, +189 on instruction.
                   Brian Twomey

DXY V CORN

DXY V CORN
DXY price at 97.21 is not only at upper range highs but warrants a deep correction.
Problem DXY is well supported at 95.92, 95.54, 95.39 then 94.34, 94.13.
Only a break at 94.13 would see a deeper move to 91.97 and 90.39.
Best DXY correction is located at 96.89 and 96.79 and lower is required to challenge 95.92, 95.54 and 95.39.
DXY ranges is located from 95.92 to 98.00’s but don’t push your luck at 98.00’s.
The best shorts on a sell only strategy is 98.62, 98.78 and 98.81 to target 96.89 and 96.79.
Short only strategy because DXY’s current price is to high and its impossible to trade long.
This short only condition in currency pairs and DXY in particular may last for many months and DXY is no different from the 28 majors.
Overall, DXY isn’t worth the trouble to consider a worthy trade.
DXY Vs Corn Correlations from monthly AVGS 1 to 5Y = 0.29, 0.02, 0.05, 0.02 and 23%.
From 5 to 10Y AVGS barely achieves 50% correlations.
DXY’s price is to high, Corn 356.62 price is to low.
Corn faces many hurdles to trade higher from 361.32, 369.36 and to 392.79.
Above 392.79 required to challenge 439.18, 467.41.
Good long located at 338.66, 341.88, 344.09, targets 350.07, 354.02.
Corn widest ranges: 320.00’s to 600.00’s and buy drops as 320.00’s is 36 points from bottoms.
   Brian Twomey

 

GBP and JPY Interest Rates and Yield Curves

GBP/USD UK and Japanese Interest Rates/ Yield Curves
UK Yield Curve / Interest Rates are established as the same system as the United States, Interest Rates below then Yields above Interest Rates.
Interest rates price yields. Today’s Sonia 0.7047, February month avg 0.7061, month averages released 19th every month.
Japanese are quite different. Tibor Interest rates positioned below Yields, Euroyen Tibor also positioned below yields.
Normally Euroyen are intertwined with Yen Tibor. The difference between onshore and offshore.Japanese overnight Call Rates however are negative -0.067 last evening or 0.933.
More work needs to complete this quick presentation regards to Japanese Interest rate system.
Tibor Overnight -0.01091 or 0.98
1m=0.0609
3m= 0.0690
6m= 0.1263
12m= 0.13636
Euroyen Tibor 1 week =0.00700
1M= 0.09200
3m= 0.0500
6m= 0.09500
12m = 0.15300 Yields.
   UK Yields
3m =0.831
2Y = 0.832
3Y =0.817
5Y = 0.806
10Y = 0.913
15Y= 0.167
20= 0.34
30y= 0.51. Read research this morning claims UK and Japanese Yield curves invert often. Not sure this statement
             Brian Twomey

 

Mueller Report

Mueller Report

The Trump Russia propaganda by Robert Mueller is considered an “Investigation”.

Investigations especially criminal derives from the Department of Justice under CFR 600 Regulations and considered private to protect witnesses, sources and methods, national security and Ethics.

CFR Regulations derives from the Ethics in Government Act. First is ACT / Law then Regulations drawn to define Laws.

The misnomer term is Special Counsel as Mueller isn’t a special counsel but a DOJ appointed Attorney to investigate Trump / Russia claims. If Mueller was actually a Special Counsel then 600.8 Regs mandates Mueller to write frequent reports to Congress.

Since Mueller isn’t a Special Counsel then no obligation exists for Mueller or the DOJ to release the final report to the public especially if national security or ethical standards exist. Attorney General Barr released a 4 page summary and cleared Trump. Barr is not obligated by CFR Regs to write 1 word nor is Barr obligated to write another word.

Because its a 2 year issue and involves a President, Barr had to write to clear Trump. The Democrats just voted and passed under the House Judiciary Committee to Subpoena the full Mueller Report and goes against the mandate of Ethics laws and CFR Regs. PR at work

 

Brian Twomey