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The Swamp

  • #35,921
  • May 31, 2019 4:55am May 31, 2019 4:55am
Quoting Boulder
{quote} Just in case euro has stop run, H4 downtrend stop 1186, I will pend one there..,.
lower tf won't mean much today. I still want to short any bull run.. new 5% tariff on Mexico will just make more people come to the U.S. border. Throw the dice on the usd.. things can turn on a dime.
those who can, do. those who cant, talk about those who can
  • #35,922
  • May 31, 2019 4:57am May 31, 2019 4:57am
Quoting gatorinla
{quote} GBP/usd sentiment is more unequal atm. Than it was at the euro swiss peg. eur/chf dropped 2000 pips on the peg removal. Not expecting that on gbp.. At least not in a hour like eur/chf. Over time, maybe. {image}
My wallet is becoming lighter by the minute.
Focus.
  • #35,923
  • May 31, 2019 5:02am May 31, 2019 5:02am
Quoting Marco-Kanto
{quote} My wallet is becoming lighter by the minute.
close your wallet.
those who can, do. those who cant, talk about those who can
  • #35,924
  • May 31, 2019 5:13am May 31, 2019 5:13am
Quoting gatorinla
{quote} lower tf won't mean much today. I still want to short any bull run.. new 5% tariff on Mexico will just make more people come to the U.S. border. Throw the dice on the usd.. things can turn on a dime.
this might be a good opportunity to short usd versus peso. Usd spiking toward 22.. the swap would be terrific. more so with a currency with less % than usd. If someone finds a U.S. broker who allows this.. please let us know. I want to short if it reaches 22 again..
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 34 KB
those who can, do. those who cant, talk about those who can
  • #35,925
  • May 31, 2019 6:00am May 31, 2019 6:00am
not much important news today except the month ends. Watching paint fade atm... alarms set.. nap time..
those who can, do. those who cant, talk about those who can
  • #35,926
  • May 31, 2019 6:06am May 31, 2019 6:06am
Quoting Boulder
{quote} Levels printed so far,,,it did most of uplines.. wonder later it will clear some downlines as well... WP PP ----------1.1175 FP R3 ----------1.1160 RU R3 ----------1.1155 FP R2 ----------1.1149 RU R2 ----------1.1143 FP R1 ----------1.1142 MP S1 ----------1.1137 WP S1 ----------1.1135 RU R1 ----------1.1135 FP PP ----------1.1131 FP S1 ----------1.1120 RU S1 ----------1.1120 FP S2 ----------1.1113 RU S2 ----------1.1112 WP S2 ----------1.1110 FP S3 ----------1.1102 RU S3 ----------1.1100 MP S2 ----------1.1087
Time for down levels...
  • #35,927
  • May 31, 2019 6:09am May 31, 2019 6:09am
Quoting gatorinla
{quote} GBP/usd sentiment is more unequal atm. Than it was at the euro swiss peg. eur/chf dropped 2000 pips on the peg removal. Not expecting that on gbp.. At least not in a hour like eur/chf. Over time, maybe. {image}
My exposure to GBP is mostly based around the proceeds of a house sale, savings and wages, fx brokers etc.

I don't think we're heading for a CHF style crash but I can see a sub 1.00 GBPUSD at some point in the next 12-24 months.

My main hedge against a GBP crash (apart from owning some gold and crypto) will be trading GBPUSD around it.

Plus moving out of the UK to Thailand.
  • #35,928
  • May 31, 2019 6:10am May 31, 2019 6:10am
Quoting Boulder
{quote} actually got in early 1153.5 instead of 1155.. now I am just patiently waiting...what's unfold later when US session opens...
Close at 1148 and 1143
  • #35,929
  • May 31, 2019 6:58am May 31, 2019 6:58am
Quoting C-12
{quote} My exposure to GBP is mostly based around the proceeds of a house sale, savings and wages, fx brokers etc. I don't think we're heading for a CHF style crash but I can see a sub 1.00 GBPUSD at some point in the next 12-24 months. My main hedge against a GBP crash (apart from owning some gold and crypto) will be trading GBPUSD around it. Plus moving out of the UK to Thailand.
If today closes below 1.2498, I see more down coming and likely another down leg on month charts.
those who can, do. those who cant, talk about those who can
  • #35,930
  • May 31, 2019 7:02am May 31, 2019 7:02am
Quoting Boulder
{quote} Close at 1148 and 1143
I've added another long, see if we can get another leg up.

Not married to this long. Will pull the plug on the lot if PA doesn't follow through.
  • #35,931
  • May 31, 2019 7:07am May 31, 2019 7:07am
Quoting C-12
{quote} I've added another long, see if we can get another leg up.
lol.. I scalp short again 1151.8...
  • #35,932
  • May 31, 2019 7:11am May 31, 2019 7:11am
Quoting Boulder
{quote} lol.. I scalp short again 1151.8...
It will probably go sideways.
  • #35,933
  • May 31, 2019 7:11am May 31, 2019 7:11am
Quoting Boulder
{quote} lol.. I scalp short again 1151.8...
going to be exciting next three hours with option expiry, soma , London fix and London close....
  • #35,934
  • May 31, 2019 7:12am May 31, 2019 7:12am
Quoting C-12
{quote} It will probably go sideways.
no, I make some, and you make some.. make us both happy...
  • #35,935
  • May 31, 2019 7:15am May 31, 2019 7:15am
Quoting Boulder
{quote} no, I make some, and you make some.. make us both happy...
PA is telling me it should go up. My gut feeling tells me it is going to get slammed.

Watching this like a hawk to see where NY wants to take it.
  • #35,936
  • May 31, 2019 7:36am May 31, 2019 7:36am
Certainly appears there is some supply turned demand order interest area around 1.1143 to 1.1138. That should be the battle ground area to open NY.
  • #35,937
  • May 31, 2019 7:44am May 31, 2019 7:44am
This might be the lowest 5 day seen since the christmas / new year period.
Attached Image
  • #35,938
  • May 31, 2019 7:54am May 31, 2019 7:54am
It seems they won't give sub 1.11 that easily. I have a feeling it should happen before a fairly huge lurch forward. I've added some shorts at 1.1160. Lowest 1.1148.
  • #35,939
  • May 31, 2019 7:58am May 31, 2019 7:58am
Scaling out of this turd and call it a day. might hold one for the weekend.
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  • #35,940
  • May 31, 2019 9:20am May 31, 2019 9:20am
1.1170 hit. Lets see if it drops.

I added one. Will keep over weekend if need to.

Looking for 1.1098 to start
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