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The Swamp

  • #14,401
  • Jan 12, 2018 2:11pm Jan 12, 2018 2:11pm
maybe 1.2186 or 1.2187 then down to 1.2115
When life gives you lemons, make lemonade
  • #14,402
  • Jan 12, 2018 2:26pm Jan 12, 2018 2:26pm
...I miss Mario Draghi.....

Hope this Euro will come down a lot next week for you Hockman and every Euro bears out there...
Have a good weekend !! .. peace out...
  • #14,403
  • Jan 12, 2018 2:35pm Jan 12, 2018 2:35pm
Quoting edyraper
{quote} Donno others but I'm looking for a runner..., this one may fail cause it is choppy over daily etc etc. Anyways, looking to buy this month's low, looking for new HHs in monthly..
Trade is running. 400+ pips.
Quoting edyraper
{quote} Thanks. The older longs hopefully will get 1.238+
Trades from 1.19ish can be closed around here.
Quoting edyraper
{quote} A pullback is very needed. 25+ in feb is likely, we are getting momentum going...
Momentum.
Up 270+ pips in one week, 155+ pips in a day.
  • #14,404
  • Jan 12, 2018 2:45pm Jan 12, 2018 2:45pm
Quoting edyraper
{quote} Trade is running. 400+ pips. {quote} Trades from 1.19ish can be closed around here. {quote} Momentum. Up 270+ pips in one week, 155+ pips in a day.
Very good,still holding as well
Beware of Draghi
  • #14,405
  • Jan 12, 2018 3:00pm Jan 12, 2018 3:00pm
..very quick..
I just got this week COT , institutions did again , they had another the largest Euro longs on record shown as of Tuesday, Jan 9, 2018... more to follow tomorrow...
  • #14,406
  • Jan 12, 2018 3:05pm Jan 12, 2018 3:05pm
Quoting edyraper
{quote} Trade is running. 400+ pips. {quote} Trades from 1.19ish can be closed around here. {quote} Momentum. Up 270+ pips in one week, 155+ pips in a day.
wish I could hold my first position .. except in US, it has to be first in and first out.....
  • #14,407
  • Jan 12, 2018 3:07pm Jan 12, 2018 3:07pm
Quoting Angelina
{quote} SL hit at 2103 I always trade with SL {quote} Will try small S one at 2158 Pending L at 2036
SO -30 pips and no trade.
Waiting for 25ish!
Or long later!
  • #14,408
  • Jan 12, 2018 3:12pm Jan 12, 2018 3:12pm
Lost 25 on the short from yesterday.

Gotta admit that today was an impressive move by the bulls...
Why sell the bottoms when you can buy the tops...
  • #14,409
  • Edited 4:27pm Jan 12, 2018 3:14pm | Edited 4:27pm
Quoting Boulder
{quote} wish I could hold my first position .. except in US, it has to be first in and first out.....
I notice that if you close a partial,the newer position coming first
Beware of Draghi
  • #14,410
  • Jan 12, 2018 3:23pm Jan 12, 2018 3:23pm
Quoting Paolob
{quote} I nitice that if you close a partial,the newer postion coming first
thanks.. I will try that next time...
  • #14,411
  • Jan 12, 2018 3:24pm Jan 12, 2018 3:24pm
Quoting Boulder
{quote} wish I could hold my first position .. except in US, it has to be first in and first out.....
who would have thunk that 100+ over ADR
A good trader follows his rules, but great trader knows when to break them
  • #14,412
  • Jan 12, 2018 3:25pm Jan 12, 2018 3:25pm
wow. i'm telling you euro seriously never ever ceases to amaze me. always something new when you thought 1.218xx was the highest for the day
  • #14,413
  • Jan 12, 2018 3:28pm Jan 12, 2018 3:28pm
Quoting wukatrades
wow. i'm telling you euro seriously never ever ceases to amaze me. always something new when you thought 1.218xx was the highest for the day
Your signature says it
A good trader follows his rules, but great trader knows when to break them
  • #14,414
  • Jan 12, 2018 3:36pm Jan 12, 2018 3:36pm
Quoting ill_be_back
{quote} who would have thunk that 100+ over ADR
today is 188 adr..
  • #14,415
  • Jan 12, 2018 3:36pm Jan 12, 2018 3:36pm
Quoting ill_be_back
{quote} who would have thunk that 100+ over ADR
definitely didnt expect this strong of a move. have to go to weekly timeframe to see the next potential resistance ... is it 1.2280 ?
  • #14,416
  • Jan 12, 2018 3:37pm Jan 12, 2018 3:37pm
Quoting Angelina
{quote} SO -30 pips and no trade. Waiting for 25ish! Or long later!
Change my mind :
Shorted
Will close 5 mins before market closes

Next couple weeks, long only
Attached Image
  • #14,417
  • Jan 12, 2018 3:40pm Jan 12, 2018 3:40pm
Quoting Boulder
{quote} today is 188 adr..
10 Days ADR is 83.4, Today 188.5
That's 105+ over ADR
Attached Image
A good trader follows his rules, but great trader knows when to break them
  • #14,418
  • Jan 12, 2018 3:43pm Jan 12, 2018 3:43pm
Quoting ill_be_back
{quote} 10 Days ADR is 83.4, Today 188.5 That's 105+ over ADR {image}
ohh ...got your point..thanks..
  • #14,419
  • Jan 13, 2018 1:09pm Jan 13, 2018 1:09pm
For Dollar, the lastest COT as of Tuesday, Jan 9, 2018 shows the institutions net long dollar positions decreased during the last week by 1,327 lots to 840 lots.
745 long positions were closed and 582 short positions were added .

Price moved from 91.8 low on 1/3/2018 to 92.64 high on 1/9/2018 and closed at 92.51,

51% long exposure vs 49% short exposure , Longs drop 1% and shorts add 1% from the previous week

Since longs being closed, it indicates their belief the dollar can't break out of the daily supply zone at 92.7, dollar reached 92.64 daily R on 9th that day and back down.

The shorts being added , it indicates they are in preparation for price moving down from the daily supply zone

Bearish bias remains…
Attached Image (click to enlarge)
Click to Enlarge Name: cot dxy 01132018.png Size: 21 KB
  • #14,420
  • Edited 4:45pm Jan 13, 2018 1:43pm | Edited 4:45pm
The largest Euro longs on record again shown in the lastest COT as of Tuesday, Jan 9, 2018.

Institutions net long Euro positions increased by 16,823 lots to 144,691 lots, the highest on the record.
5,245 long positions were added and 11,578 short positions were closed . Now Longs total 242,053 lots vs shorts total 97,362 lots .

71% long exposure vs 29% short exposure, which 3% increased in longs and 3% decreased in shorts from previous week

Price moved from 2089 high on 1/4 to 1916 low on 1/9 with close at 1937.

Longs being added and shorts being closed, it indicates they are in preparation for price moving up from 1920/30 area

Bullish bias remains…
Attached Image (click to enlarge)
Click to Enlarge Name: cot euro 01132018.png Size: 21 KB
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