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The Swamp

  • #37,001
  • Jun 19, 2019 9:34am Jun 19, 2019 9:34am
Quoting ill_be_back
IN {image}
fomc giveth fomc taketh away
You cannot learn better without losing
  • #37,002
  • Jun 19, 2019 9:43am Jun 19, 2019 9:43am
a decent chance eu will start drop soon. usdx 4h near trend bottom and 200 ema. eu/1213/27 looks like a short to me..
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those who can, do. those who cant, talk about those who can
  • #37,003
  • Edited 10:23am Jun 19, 2019 9:50am | Edited 10:23am
Quoting frankiev2
{quote} Out at 1205. Took a first small short here. Pendings above
Well second pending at 1211 also hit. Have one more at 1227. All these are small. Unfortunatly the day is late and FOMC is getting closer. Not sure what direction it will bring, my guess is down. But will not put a lot of money on it.

Edit: just noticed that i forgot to place one at 1219, but looking at PA right now.. looks more like a weak pump before FOMC. I will wait for a test of 1227 or weakness if it stalls here at 1219. But it looks like 1227 will get a visit.
  • #37,004
  • Jun 19, 2019 11:16am Jun 19, 2019 11:16am
Didn't take 1219, was expecting 1227. Shit happens. Hourly looks more bearish now than two hours ago.
  • #37,005
  • Jun 19, 2019 11:57am Jun 19, 2019 11:57am
chf crossed the day 200 and closed above Friday. Today dipped back below. .9976 above day close is usd positive. week 1.0007 is repealing it.. needs a close above to rise. an opposite indicator for eu direction.
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those who can, do. those who cant, talk about those who can
  • #37,006
  • Jun 19, 2019 12:39pm Jun 19, 2019 12:39pm
Updated 6 minutes ago. Are the retailers right or wrong? Powell over to you.
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  • #37,007
  • Jun 19, 2019 12:50pm Jun 19, 2019 12:50pm
Quoting Mitiblotch
Updated 6 minutes ago. Are the retailers right or wrong? Powell over to you. {image}
Stats says that 80% are! So shorts are still the option?! I dont give much for the traders sentiment. It's an old strategy that dont really work. Many times even retailers get it right. Right now everyone, incl pros is 50/50 i think.
  • #37,008
  • Jun 19, 2019 12:55pm Jun 19, 2019 12:55pm
Quoting frankiev2
{quote} Stats says that 80% are! So shorts are still the option?! I dont give much for the traders sentiment. It's an old strategy that dont really work. Many times even retailers get it right. Right now everyone, incl pros is 50/50 i think.
when its already pumped, even if up is the direction. if its down, the pump compressed it. off the usd 4h 200..
those who can, do. those who cant, talk about those who can
  • #37,009
  • Jun 19, 2019 12:56pm Jun 19, 2019 12:56pm
Quoting frankiev2
{quote} Stats says that 80% are! So shorts are still the option?! I dont give much for the traders sentiment. It's an old strategy that dont really work. Many times even retailers get it right. Right now everyone, incl pros is 50/50 i think.
Anything can work if you know how to use it. Example, when sentiment is to the extremes example 85% buyers to 15% sellers, I can start building shorts at extreme resistances. There are many things people combine to get success. I'm currently not in any trade anyway. Whatever happens I'll try to profit from it at the appropriate time and price.
  • #37,010
  • Jun 19, 2019 12:57pm Jun 19, 2019 12:57pm
Quoting gatorinla
{quote} when its already pumped, even if up is the direction. if its down, the pump compressed it. off the usd 4h 200..
Then I say, release the pressure. Removed all pendings.
  • #37,011
  • Jun 19, 2019 1:08pm Jun 19, 2019 1:08pm
Took one a 1248, news is usually noise. I will not get married to it, if it continues up i kill all.
  • #37,012
  • Jun 19, 2019 1:14pm Jun 19, 2019 1:14pm
Quoting frankiev2
{quote} Then I say, release the pressure. Removed all pendings.
i sold little ones on the way up..
those who can, do. those who cant, talk about those who can
  • #37,013
  • Jun 19, 2019 1:19pm Jun 19, 2019 1:19pm
Quoting gatorinla
{quote} i sold little ones on the way up..
So now we know you have bigger balls than me.

I wanted to see some kind of resistance before pushing. will take one or two more on the way down.
  • #37,014
  • Jun 19, 2019 1:21pm Jun 19, 2019 1:21pm
the Fed is about to speak.. lots of flooded farmland in the midwest.. planting delayed, crop prices are up. possible making food price inflation outlook higher. Cattle feed etc.. possible inflation outlook rise. Plus China tariff crap.
those who can, do. those who cant, talk about those who can
  • #37,015
  • Jun 19, 2019 1:24pm Jun 19, 2019 1:24pm
Quoting frankiev2
{quote} So now we know you have bigger balls than me. I wanted to see some kind of resistance before pushing. will take one or two more on the way down.
my week first line is 1227.. day 1224... more at 126x and 1273.. close below 1227 today is usually a reject.. 1224 stronger. 1227 may be support if it cant close under.
those who can, do. those who cant, talk about those who can
  • #37,016
  • Jun 19, 2019 1:26pm Jun 19, 2019 1:26pm
Inserted Video
  • #37,017
  • Jun 19, 2019 1:30pm Jun 19, 2019 1:30pm
powell started speaking
those who can, do. those who cant, talk about those who can
  • #37,018
  • Jun 19, 2019 1:31pm Jun 19, 2019 1:31pm
1.1289 could be some R if we go up some more....
Look Sharp/Trade Tight
  • #37,019
  • Jun 19, 2019 1:53pm Jun 19, 2019 1:53pm
Quoting gatorinla
{quote} my week first line is 1227.. day 1224... more at 126x and 1273.. close below 1227 today is usually a reject.. 1224 stronger. 1227 may be support if it cant close under.
I had 1264,5 before FOMC as a cutoff, have moved it to 1255 now. I'll rather get back in higher instead of riding it up no matter tradesize. Was actually expecting FOMC to cause a drop.
  • #37,020
  • Jun 19, 2019 2:02pm Jun 19, 2019 2:02pm
Quoting PayTheLimit
1.1289 could be some R if we go up some more....
Would like to see 1155/60 before that number is back on the charts. But if 1255 fails i guess that is the next number to get printed.
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