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The Swamp

  • #48,261
  • Dec 6, 2019 11:00am Dec 6, 2019 11:00am
Quoting gatorinla
{quote} this week closed higher while day lower.. month closed lower.. looks like both directions.. today's lows and this week's highs.. The month and q lc was lower.. i think its still going to pull sometimes between now and this months end.. 1.0903 is in that mix for Q..
Eur and Swiss both in range trades in my book.. Eur day uptrend against H1, possible H4,weekly and month downtrend... unless euro bears can push down 1.0979 at day close
. Swiss H1, H4, day and month uptrends against weekly downtrend.. swiss may on its way to test weekly downtrend stop 0.9998 atm
  • #48,262
  • Dec 6, 2019 11:04am Dec 6, 2019 11:04am
Quoting Boulder
{quote} Eur and Swiss both in range trades in my book.. Eur day uptrend against H1, possible H4,weekly and month downtrend... unless euro bears can push down 1.0979 at day close . Swiss H1, H4, day and month uptrends against weekly downtrend.. swiss may on its way to test weekly downtrend stop 0.9998 atm
I will continue to run a grid on shorts.. plus a few trades off R for eu.
those who can, do. those who cant, talk about those who can
  • #48,263
  • Dec 6, 2019 11:15am Dec 6, 2019 11:15am
Quoting gatorinla
{quote} I will continue to run a grid on shorts.. plus a few trades off R for eu.
ok good..
I was looking when will be British vote.. I come to this Newsqawk analysis after European close .. just to share with you here
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  • #48,264
  • Dec 6, 2019 1:34pm Dec 6, 2019 1:34pm
last swiss trade today .. long here 0.9899.. may cash out on Sunday..
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  • #48,265
  • Dec 6, 2019 2:03pm Dec 6, 2019 2:03pm
Quoting Boulder
last swiss trade today .. long here 0.9899.. may cash out on Sunday.. {image}
last EurUsd trade short 1055 here...I think I am done for the day..
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  • #48,266
  • Dec 6, 2019 4:21pm Dec 6, 2019 4:21pm
Quoting gatorinla
{quote} I will continue to run a grid on shorts.. plus a few trades off R for eu.
this article is related to what we talked about it today...

https://www.forex.com/en-us/market-a...ll-time-highs/
  • #48,267
  • Dec 6, 2019 4:24pm Dec 6, 2019 4:24pm
Quoting Boulder
{quote} this article is related to what we talked about it today... https://www.forex.com/en-us/market-a...ll-time-highs/
..more,,,
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  • #48,268
  • Dec 6, 2019 4:26pm Dec 6, 2019 4:26pm
Quoting OnlineAddict
I will be trading both 1150 and 880(before 1600), not 100% sure which will come first, so if 1100+ comes first, I will wait for a re-test of 880. {image}
So now down perhaps...busy week next week, FED, ECB and UK election...great volatility ahead.
Everyone can see the chart, but only a few can actually read it.
  • #48,269
  • Dec 6, 2019 5:55pm Dec 6, 2019 5:55pm
Quoting Boulder
{quote} this article is related to what we talked about it today... https://www.forex.com/en-us/market-a...ll-time-highs/
Yeah; something is out of whack in the market. Markets make new highs as the yen falls.. Aj broke a large double bottom, and broke a bearish wedge on the weekly. My view hasn't changed, I think equities are on air. Sugar high.. I will post the month to show the broken double bottom next.
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those who can, do. those who cant, talk about those who can
  • #48,270
  • Dec 6, 2019 6:16pm Dec 6, 2019 6:16pm
Quoting gatorinla
{quote} Yeah; something is out of whack in the market. Markets make new highs as the yen falls.. Aj broke a large double bottom, and broke a bearish wedge on the weekly. My view hasn't changed, I think equities are on air. Sugar high.. I will post the month to show the broken double bottom next. {image}
month wise; here is the double bottom break... A little HS looking... the wedge looks like a right shoulder test...

using the wedge suggest, the wedge low to be tested.
using the HS suggest (X2), pa will drop below the lows of the 2008/09 fall.


The 3 trillion $ added to the deficit over the last 3 years. May be supporting the market. The tax breaks allowed some companies to buy back their own stocks. I see equities on a sugar high. At the same time corporate debt is at a all time high (10 trillion). In the face of interest rates at some point rising, a time bomb that is systemic. Add in a downturn would push those systemic student loans to fail. We are whistling past the graveyard. Interest rates at some point have to rise. There is little room to drop rates in a economic emergency. This looks terrible for the reserve currency usd. But when the usd catches a cold, others currencies catch pneumonia. Because the U.S. imports the goods others make, more than it exports to them.
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those who can, do. those who cant, talk about those who can
  • #48,271
  • Dec 6, 2019 7:38pm Dec 6, 2019 7:38pm
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  • #48,272
  • Dec 6, 2019 11:30pm Dec 6, 2019 11:30pm
Quoting OnlineAddict
I will be trading both 1150 and 880(before 1600), not 100% sure which will come first, so if 1100+ comes first, I will wait for a re-test of 880. {image}
Weekly double bottom pattern?
Is that the reason you wait for this bro? To reach new high next year?
  • #48,273
  • Dec 7, 2019 3:10am Dec 7, 2019 3:10am
Quoting hans91
{quote} Weekly double bottom pattern? Is that the reason you wait for this bro? To reach new high next year?
Yes, only if the 880 area holds, though.
Everyone can see the chart, but only a few can actually read it.
  • #48,274
  • Dec 8, 2019 7:30pm Dec 8, 2019 7:30pm
just in case of bounce, I placed a pending short 1077. To load some of the closed ones.
those who can, do. those who cant, talk about those who can
  • #48,275
  • Dec 9, 2019 1:46am Dec 9, 2019 1:46am
Quoting KiwiTrada
cable previous weekly high 1 31759 well worth keeping an eyeball on :-)
just tapped, bulls looking strong, therefore I will sell now 3175 13 pip sl
If you are new to Forex? Say Goodbye to your account!!
  • #48,276
  • Dec 9, 2019 1:55am Dec 9, 2019 1:55am
Quoting KiwiTrada
{quote} geppy 43 000 still in play also
also watching reaction on this girl aswell 43 000
If you are new to Forex? Say Goodbye to your account!!
  • #48,277
  • Dec 9, 2019 2:25am Dec 9, 2019 2:25am
Just woke up... Give 1065 EU short a try...testing 1H downtrend stop at 1069 atm.
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  • #48,278
  • Dec 9, 2019 2:57am Dec 9, 2019 2:57am
EurUsd 12/9/2019 levels...next to print 1043 or 1070...

RU R3 ----------1.1125
FP R2 ----------1.1113
WP R1 ----------1.1103
FP R1 ----------1.1097
RU R2 ----------1.1093
RU R1 ----------1.1074
FP PP ----------1.1070
WP PP ----------1.1060
MP PP ----------1.1058
FP S1 ----------1.1043
RU S1 ----------1.1035
FP S2 ----------1.1027
WP S1 ----------1.1017
RU S2 ----------1.1016
FP S3 ----------1.1000
WP S2 ----------1.0990
RU S3 ----------1.0985
  • #48,279
  • Dec 9, 2019 3:30am Dec 9, 2019 3:30am
UsdChf 12/9/2019 levels, next to print 9893 or 9910


RU R3 ----------0.9948
FP R2 ----------0.9927
RU R2 ----------0.9925
WP PP ----------0.9922
FP R1 ----------0.9915
RU R1 ----------0.9910
FP PP ----------0.9895
MP S1 ----------0.9893
RU S1 ----------0.9881
FP S1 ----------0.9874
RU S2 ----------0.9867
WP S1 ----------0.9864
FP S2 ----------0.9862
MP S2 ----------0.9852
RU S3 ----------0.9843
  • #48,280
  • Dec 9, 2019 3:40am Dec 9, 2019 3:40am
from Newsqawk..
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