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The Swamp

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  • Post #58,961
  • Quote
  • Apr 6, 2020 2:53am Apr 6, 2020 2:53am
  •  DMA Trader
  • Joined Nov 2008 | Status: Full Time Trader | 10,519 Posts
Quoting The Fool
Disliked
{quote} spoos is running out of time to retest the Mar23 low
Ignored
i don't think we will retest it. we will see. i was so sure about this trade, a little early - next target 2800 imho
Rule No.1: Never lose money. Rule No.2: Market is always right !
 
 
  • Post #58,962
  • Quote
  • Apr 6, 2020 3:25am Apr 6, 2020 3:25am
  •  DMA Trader
  • Joined Nov 2008 | Status: Full Time Trader | 10,519 Posts
Quoting DMA Trader
Disliked
{quote} i don't think we will retest it. we will see. i was so sure about this trade, a little early - next target 2800 imho
Ignored
i would not be surprise to see limit up on futures today and break of last high 2650 area.
after 2700 going up will be higher but fear of be out of stocks will be bigger than anything

no Trump cand pump with opening the economy fast. just the chatter will kill SP500 shorts. and again up.

2560 support for buying.

not sure on EU. but i can say i am taking it very badly when everything goes up gold bitcoin stocks and eur day dreaming
Rule No.1: Never lose money. Rule No.2: Market is always right !
 
 
  • Post #58,963
  • Quote
  • Apr 6, 2020 3:42am Apr 6, 2020 3:42am
  •  The Fool
  • Joined Apr 2009 | Status: Live and learn. | 20,877 Posts
Quoting DMA Trader
Disliked
i would not be surprise to see limit up on futures today and break of last high 2650
Ignored
I bot Apr09 SPY $260 calls late Fri for $1.25....would love to sell out >$5 tomorrow...
"If The Fool persists in his Folly he will become wise." - William Blake
 
1
  • Post #58,964
  • Quote
  • Apr 6, 2020 4:43am Apr 6, 2020 4:43am
  •  Boulder
  • Joined Jul 2014 | Status: Member | 24,809 Posts
Quoting Boulder
Disliked
{quote} I woke up and saw EurUsd went up .. probably by Fed repo in the afternoon. I shorted here 1.0812.. leave TP open for next week... starting next week, I may consider to short some UsdChf Have a nice weekend...stay inside and be safe
Ignored
Good morning,, closed the short at 1.0792, +20
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1
  • Post #58,965
  • Quote
  • Apr 6, 2020 4:45am Apr 6, 2020 4:45am
  •  Boulder
  • Joined Jul 2014 | Status: Member | 24,809 Posts
Datapoint atm.. close to test H1 uptrend stop 1.0784...
testing now,,,13 mins to go...
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2
  • Post #58,966
  • Quote
  • Apr 6, 2020 4:45am Apr 6, 2020 4:45am
  •  gatorinla
  • Joined Oct 2008 | Status: sideline is a position | 91,820 Posts
Quoting q_import
Disliked
{quote} I understand everything you said.. There is an even bigger pictures that scales back to the 1970.. You are right.. The only variable that wasnt around that is now are the subsidies it now is at a level that cannot be functional for any gov. the only way to close the gap and reset would be raise gold prices.. Even though we are on petro dollars.. https://www.youtube.com/watch?v=XdhDj0xd4f8
Ignored
Time will tell... Just remember I dont make a dime. People selling gold do. If gold is so valuable, and will be worth so much more in the future. Why will they exchange it today for paper dollars? Dollars they think will be worthless in the future. Ask the salesman next time if he gets paid in dollars, or gold.
those who can, do. those who cant, talk about those who can
 
 
  • Post #58,967
  • Quote
  • Apr 6, 2020 5:02am Apr 6, 2020 5:02am
  •  Boulder
  • Joined Jul 2014 | Status: Member | 24,809 Posts
Quoting Boulder
Disliked
Datapoint atm.. close to test H1 uptrend stop 1.0784... testing now,,,13 mins to go... {image}
Ignored
Bulls held the stop at H1 close...with all other TF in downtrend, Eu trade will continue to chop
 
 
  • Post #58,968
  • Quote
  • Apr 6, 2020 5:07am Apr 6, 2020 5:07am
  •  Boulder
  • Joined Jul 2014 | Status: Member | 24,809 Posts
fyi..Newsqawk info.. .Fed todays operation
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1
  • Post #58,969
  • Quote
  • Apr 6, 2020 5:23am Apr 6, 2020 5:23am
  •  gatorinla
  • Joined Oct 2008 | Status: sideline is a position | 91,820 Posts
Quoting gatorinla
Disliked
{quote} seeing it like this for now.. some R 083x (subject to change.) {image} {image}
Ignored
still holding 083x. its dropped some. 1.0818/16 ish should be some R now. Secondary 1.0842/3ish. A LL wouldn't hurt bears. Seeking 0706 myself (but not adding more shorts atm).
tested now.
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those who can, do. those who cant, talk about those who can
 
3
  • Post #58,970
  • Quote
  • Apr 6, 2020 5:33am Apr 6, 2020 5:33am
  •  gatorinla
  • Joined Oct 2008 | Status: sideline is a position | 91,820 Posts
i'm not into the oil.. 24.20 may be a soft buy brent.
those who can, do. those who cant, talk about those who can
 
1
  • Post #58,971
  • Quote
  • Apr 6, 2020 5:38am Apr 6, 2020 5:38am
  •  gatorinla
  • Joined Oct 2008 | Status: sideline is a position | 91,820 Posts
Just in case some dont know. A lot of refineries spent 10s of billions to build new units to run sour crude from ME and sand shale. This tariff threat is a bunch of BS unless he wants to screw a bunch of refineries. Just saying, it's not what/how many think it is. It's not black and white. Don't get burned by the headlines.
those who can, do. those who cant, talk about those who can
 
1
  • Post #58,972
  • Quote
  • Apr 6, 2020 5:48am Apr 6, 2020 5:48am
  •  gatorinla
  • Joined Oct 2008 | Status: sideline is a position | 91,820 Posts
Quoting gatorinla
Disliked
{quote} I could tackle this point by point, but lack the will. Here is a few, it's delusional to think oil will rise that much. In the short term for more than a spike. First off the capacity is a 90 day supply, if it was pumped dry. Guess where I live? Guess where those salt domes are located? Louisiana and Texas, my backyard. This no more than a sugar high for political reasons. Cushing Ok. is already full, like in 2008. Tankers are already full, with no port to go to like in 2008. So this U.S. slowdown takes pressure off demand....
Ignored
Lack of demand moves a market quicker with oversupply.
those who can, do. those who cant, talk about those who can
 
 
  • Post #58,973
  • Quote
  • Apr 6, 2020 6:20am Apr 6, 2020 6:20am
  •  beszle
  • | Joined Mar 2020 | Status: Member | 127 Posts
I gave this every chance to go up switching short.
 
 
  • Post #58,974
  • Quote
  • Apr 6, 2020 6:39am Apr 6, 2020 6:39am
  •  DMA Trader
  • Joined Nov 2008 | Status: Full Time Trader | 10,519 Posts
morning - gold going up
BOJ more stimulus almost 1Trln - what's gdp Ration in Japan. 300% with this one ?
so something that did not work so far is going to work more if it. ..
but it helps SP and Gold
Rule No.1: Never lose money. Rule No.2: Market is always right !
 
 
  • Post #58,975
  • Quote
  • Apr 6, 2020 6:47am Apr 6, 2020 6:47am
  •  gatorinla
  • Joined Oct 2008 | Status: sideline is a position | 91,820 Posts
Quoting DMA Trader
Disliked
morning - gold going up BOJ more stimulus almost 1Trln - what's gdp Ration in Japan. 300% with this one ? so something that did not work so far is going to work more if it. .. but it helps SP and Gold
Ignored
300%, eating seaweed, and living on a volcano. What could go wrong..
those who can, do. those who cant, talk about those who can
 
 
  • Post #58,976
  • Quote
  • Apr 6, 2020 6:54am Apr 6, 2020 6:54am
  •  Boulder
  • Joined Jul 2014 | Status: Member | 24,809 Posts
Quoting gatorinla
Disliked
{quote} 300%, eating seaweed, and living on a volcano. What could go wrong..
Ignored
52 adr atm...watch for next two levels,, one maybe hit today... either RU R2 1.0849 or RU S1 1.0776...
 
 
  • Post #58,977
  • Quote
  • Apr 6, 2020 7:02am Apr 6, 2020 7:02am
  •  DMA Trader
  • Joined Nov 2008 | Status: Full Time Trader | 10,519 Posts
Quoting gatorinla
Disliked
{quote} 300%, eating seaweed, and living on a volcano. What could go wrong..
Ignored
strange case. very strange. also they bought ETF's very old population.
i think it's a good example how you can kill a country that for a limited time was number 1
Rule No.1: Never lose money. Rule No.2: Market is always right !
 
 
  • Post #58,978
  • Quote
  • Apr 6, 2020 7:20am Apr 6, 2020 7:20am
  •  gatorinla
  • Joined Oct 2008 | Status: sideline is a position | 91,820 Posts
Quoting Boulder
Disliked
{quote} 52 adr atm...watch for next two levels,, one maybe hit today... either RU R2 1.0849 or RU S1 1.0776...
Ignored
yeah.. 0899/090x.. R..
those who can, do. those who cant, talk about those who can
 
 
  • Post #58,979
  • Quote
  • Apr 6, 2020 7:23am Apr 6, 2020 7:23am
  •  gatorinla
  • Joined Oct 2008 | Status: sideline is a position | 91,820 Posts
Quoting DMA Trader
Disliked
{quote} strange case. very strange. also they bought ETF's very old population. i think it's a good example how you can kill a country that for a limited time was number 1
Ignored
That aging population worldwide may be a little lower. The u.s. looks to have a slightly younger average.
those who can, do. those who cant, talk about those who can
 
 
  • Post #58,980
  • Quote
  • Apr 6, 2020 7:27am Apr 6, 2020 7:27am
  •  DMA Trader
  • Joined Nov 2008 | Status: Full Time Trader | 10,519 Posts
gold 1640
i was right with SP rally and Gold , oil
dead wrong with EU. very bearish
Rule No.1: Never lose money. Rule No.2: Market is always right !
 
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