The Club!

Sentiment Index

EU at 18
USDCHF at 93


taking profits here (partial) may not hurt

good one at 0.618 RET,, .
I always respect this number...but I also like to respect 1.61.
This is not the case, because it is in 1.1828.

between 1.1828 and 1.1752 if it get there I'll LONG.
I do not have YPP where is it?

Which NATO members are engaged in ‘Novichok’-type substance research? Moscow asks bloc

https://www.elliottwave.com/Currenci...Get-a-Surprise

very interesting situation for EURUSD

COT report shows very bullish Speculators;

at the same time the Forex retail crowd, which was short EU for over a year, now switches to net long

The Daily sentiment Index (small futures traders) shows only 18% EU bulls. The USD Index is at 84% bulls. Both can go further in their direction


My opinion is, that we may soon, or already, will see some kind of counter ralley. This will get the retail crowd outright bullish on EU. Then the big bang, and EU will dive further down.

Then there is the Elliottican crowd. You may now, that I do monitor a lot of them via Twitter or via my own Blogs blogroll.

Most are captured in groupthink now, predicting rising EU. Most of them had the "triangle situation" over the last weeks completely wrong, predicting an outbreak to the north side in EU.

I have wondered all the time, since they do so seldom care about sentiment data. For me it was a high probability bet, that the EU would dive significantly.

https://www.forexfactory.com/showthr...7#post10989547

https://www.forexfactory.com/showthr...1#post10984971

holy moly, did not see your posting - forgive me

I would start with Prechter. Swannell only tells you about probabilities, which is a fine thing, when you have inhaled Prechter beforehand.

Neely has much interesting stuff, but it is complicated as hell. Maybe that was the reason he abandoned from trading his own theory. But anyway: the time you are firm with traditional (Prechter) EW, you may find some interesting stuff in Neely.

And the best advise is: get as much sentiment data as you can. At significant turning points the whole crowd is on the same side of the boat.

Wish you a nice weekend

IceCap Asset Management: Why We Expect A "Face Ripping Rally" In The Dollar

"One of the worst kept secrets amongst those who care to look, is that the European banking system is absolutely stuffed to the gills with bad loans that banks absolutely refuse to write-off":So truuuuuuuue...
How are you Markus?hope you're doing well

a handful of well respected macro analysts are starting to rumble about this subject (including Raoul Pal)

there was a fantastic interview with Russell Napier this weekend hosted by macrovoices.com where he lays out the case for bullish dxy and the massive risk it poses to the EM Bond complex (and other positions within the domino chain)

highly recommend checking it out (its free):

Russell Napier: Signs of incipient inflation are a false alarm and won’t last long

I closed all EUR short at 1.1828.

a bad deal... covered by the euro ... but!

im waiting for climax on USD which still not yet to occur before long on EU, GU & AU

ROFL

dumb, dumber, Trump!?!?!?


Trump's Ten Lies: A Response To The Iran Nuclear Agreement Speech

Did the NSA Create Bitcoin? That's classified

BTW:

EU

have you seen the sentiment of the traders at Dukascopy lately?


Rarely they have been so bulish


good morning bears :-)

https://www.rt.com/usa/426643-lee-camp-pentagon-theft/


$21 trillion lost: Largest theft in history buried under guise of US national security – Lee Camp


Banana Republic???

LONG
risk 30 here.
touched the
1.1752
is below 1.1820 but we will see!

I'll try this ....final target 1.224x

Hi friends,



hope all is well.

Just to let you know:

I have taken my blog offline due to the new EU-DSGVO / GDPR



Since I had very much third party stuff on it like the sentiment tools, and I was not able to know what their cookies were doing, I decided to not to go through all the legal hassles in order to stay online.

Beside of that, I would need to go through all of more than 700 postings in order to check the links I gave.


Maybe I will create the blog newly, maybe not. I do not know for sure right now.


If you miss something badly, give me a message and I will see what I can do right now.