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  • China To Levy Retaliatory Tariffs On Another $75Bln Of US Goods

Added at 8:12am

Dont worry trade talks going very well
that woke things up a bit. ..
Gold fly
Whats a jackson hoe anyways???
I hate it when mom and dad fight...
am in love with these trade wars.......
time to make some money
long silences then volatility spike moves entices humans to react out of emotion sadly if your entering its wrong, mass psychology play on you all!! await PA be more patient.
The bigger news will be how Trump will respond to this.
Waiting for Mr. Twitter responds
Shorted the S&P 500 on this news. and if trump retaliates with a tweet it'll make things worse and good for my short position.
The S&P500 was hanging on 1930 waiting for anything to propel an impressive rally ... now, we get this sh*t!
Quoting Brentrading
Shorted the S&P 500 on this news. and if trump retaliates with a tweet it'll make things worse and good for my short position.
Thanks for the idea ... !
Quoting Aaafx-trader
The S&P500 was hanging on 1930 waiting for anything to propel an impressive rally ... now, we get this sh*t!
1930? You mean 2930...

And I thought ES struggling with 34's and previously 35's (From looking at the tape - lack of commitment in the thin pre-market - mostly just running stops) Then along comes China and a quiet day just got interesting...
would've liked to have got in an early short on oil it was setting up nicely but was a bit gun shy..need to pull the trigger when you need to, but now its too late , missed that bus.
Powel will not be hawkish , this is for sure now
Banks using their PR agencies to release this data to scare any traders going long, everyone goes short and they will whip it back up, you need nerves of steel to buy a move down like that
We will be back at today's high by the end of the day.
mr twitter trump where r u come on go some volitility in market with your stupid comment
Quoting Brentrading
would've liked to have got in an early short on oil it was setting up nicely but was a bit gun shy..need to pull the trigger when you need to, but now its too late , missed that bus.
These seven shaped moves can be really traitorous...
Let's see what ES gives at the cash open.
Quoting Hurst
Banks using their PR agencies to release this data to scare any traders going long, everyone goes short and they will whip it back up, you need nerves of steel to buy a move down like that We will be back at today's high by the end of the day.
you could be right.. lets see, i got tight stop on my S&P short, it could be a runner or i getted stopped out , you need bait in the water to catch fish.
Quoting nbfx
{quote} 1930? You mean 2930... And I thought ES struggling with 34's and previously 35's (From looking at the tape - lack of commitment in the thin pre-market - mostly just running stops) Then along comes China and a quiet day just got interesting...
The technical pattern was waiting for Trump/ china good news ... everything else wouldn't have mattered much!
Trump's advisers are probably frantically asking Trump not to make matters worse as he logs into his Twitter account.
You know guys, i don't really like shorting the S&P500 ... everyone is technically against you! It would be better to buy USDMXN, its begging the ES lately. The swap is higher, but it actually moves.
to me it's good news for my short position on usdcad........which is in the Fib zone.
Quoting Aaafx-trader
{quote} The technical pattern was waiting for Trump/ china good news ... everything else wouldn't have mattered much!
Don't trade technical patterns... Only order-flow.
Quoting Aaafx-trader
{quote} These seven shaped moves can be really traitorous...
oil usually trades with good patterns , ive been mis timing my shorts this whole week. direction was correct but timing sucked for me.
Quoting Brentrading
{quote} oil usually trades with good patterns , ive been mis timing my shorts this whole week. direction was correct but timing sucked for me.
Same here ..
Quoting TudorIoan
...just wanned to say that we, the Romanians, we simply love Putin ! ...and Donnie ...and Boris {image}
...and mister Xi.
Quoting Aaafx-trader
You know guys, i don't really like shorting the S&P500 ... everyone is technically against you! It would be better to buy USDMXN, its begging the ES lately. The swap is higher, but it actually moves.

Funny have had a long on USD/MXN since 18.980000 one of the better moves I've made this year honestly.
Quoting Brentrading
Shorted the S&P 500 on this news. and if trump retaliates with a tweet it'll make things worse and good for my short position.
Bren, that was an epic call ... well done!
Quoting Momofrmnyc
{quote} Funny have had a long on USD/MXN since 18.980000 one of the better moves I've made this year honestly.
A year?! Well, probably you are using a swap free broker!
Well done, its a great pair and moves like hell
Quoting Aaafx-trader
{quote} Bren, that was an epic call ... well done!
yeah man, trump came to the party, he only responds one way , there is no way he wouldn't retaliate against china's comment . the equity markets are now pointing straight down , itll take some kiss and make up comment by trump to pull them back up. we'll see..
Quoting Aaafx-trader
{quote} A year?! Well, probably you are using a swap free broker! Well done, its a great pair and moves like hell

Oh gosh no I haven't had the position opened for a year. I grabbed this position end of June beginning of July expecting our trade war would escalate a bit more. Also your right USD/MXN pair moves wonders and if you really pay attention I feel it's one of the easier pairs to understand.
Quoting Momofrmnyc
{quote} Oh gosh no I haven't had the position opened for a year. I grabbed this position end of June beginning of July expecting our trade war would escalate a bit more. Also your right USD/MXN pair moves wonders and if you really pay attention I feel it's one of the easier pairs to understand.
If you gonna trade MXN on the short side, you seriously need a swap Free broker ... its the main reason i opened an account with AAAFX. These interest rates are just a nightmare to hendle if you have to hold up for a profit run.
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  • Posted: Aug 23, 2019 8:01am
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 34  /  Views: 20,963