Here Comes David Copperfield

We've seen this trick before.

73
Thu, Oct 25, 2018 - 10:38am

I'm just sitting here, laughing to myself as I begin typing on this fine, Thursday morning. All the talk yesterday about the lousy close, the horrible chart...and the ongoing, overpowering CB manipulation...and guess which side won out? Big shock there, huh?

It all started at the usual hour in Europe...8:00 am on the continent, 7:00 am in London. If you've been around here for a while, then you've seen this before. A ramp in the USDJPY that is triggered in the European pre-open, just in time to shift sentiment. Well, here it is again today, in all its glory!...

About the Author

Founder
turd [at] tfmetalsreport [dot] com ()

73 Comments on Here Comes David Copperfield

Subscribe or login to read all comments.

Become a gold member and subscribe to Turd's Vault

Contribute

Donate  Shop

Get Your Subscriber Benefits

Exclusive discount for silver purchases, and a private iTunes feed for TF Metals Report podcasts!

Key Economic Events Week of 1/21

1/22 10:00 ET Existing Home Sales
1/24 9:45 ET Markit Manu and Svc PMI
1/24 10:00 ET Leading Econ Indicators
1/25 8:30 ET Durable Goods
1/25 10:00 ET New Home Sales

Key Economic Events Week of 1/14

1/15 8:30 am ET Producer Price Index
1/15 8:30 am ET Empire State Mfg. Index
1/16 8:30 am ET Retail Sales
1/16 8:30 am ET Import Price Index
1/17 8:30 am ET Housing Starts
1/17 8:30 am ET Philly Fed
1/18 9:15 am ET Capacity Utilization and Ind. Prod.

Key Economic Events Week of 1/7

1/7 10:00 ET ISM Services Index
1/7 10:00 ET Factory Orders
1/9 2:00 ET December FOMC minutes 
1/10 Speeches from CGP, Goons Bullard and Evans
1/11 8:30 ET CPI