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The Swamp

  • #48,641
  • Dec 13, 2019 6:35am Dec 13, 2019 6:35am
if bulls fail here at this 1.61 ish (1199 area). Pa may return to a norm, at 1028. 1028/.0878 may be a better place to long. If that's your bias for 1478.
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those who can, do. those who cant, talk about those who can
  • #48,642
  • Dec 13, 2019 6:50am Dec 13, 2019 6:50am
Quoting fxmajsterek
{quote} Hi Gator There is also a case in Northern Ireland. I also don't see any reason why this helps the pound . This is just the beginning of a big mess in the UE and UK
I dont know the outcome. Britain is going to lose a lot of financial industry. If I was them.. I may devalue the pound (below euro) and make it a cheaper international hub gateway for Europe. Make it a tourist destination with 199$ flights from New York and cheap flights to Asia. Make it so cheap people would go through Britain. The same for products in ports. I would stick it to the EZ. This was what Greece should have done if they were kicked out. EZ has a crack.
those who can, do. those who cant, talk about those who can
  • #48,643
  • Dec 13, 2019 7:02am Dec 13, 2019 7:02am
Beautiful W pattern on USDCAD 1hr chart.
Long 3169.
  • #48,644
  • Dec 13, 2019 7:08am Dec 13, 2019 7:08am
Quoting gatorinla
{quote} I dont know the outcome. Britain is going to lose a lot of financial industry. If I was them.. I may devalue the pound (below euro) and make it a cheaper international hub gateway for Europe. Make it a tourist destination with 199$ flights from New York and cheap flights to Asia. Make it so cheap people would go through Britain. The same for products in ports. I would stick it to the EZ. This was what Greece should have done if they were kicked out. EZ has a crack.

The institutions will flee to Frankfurt . Scotland will leave the UK

IRA :

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  • #48,645
  • Dec 13, 2019 7:08am Dec 13, 2019 7:08am
st if this drops.. 1150 is the first stop (attraction). if more 1119 (attraction).. if this high holds, 1028/29 is a bear and bull number. bulls would relax enough to allow it..
those who can, do. those who cant, talk about those who can
  • #48,646
  • Dec 13, 2019 7:12am Dec 13, 2019 7:12am
1215 and 1252 is possible on eu. I see weakness developing - this is good for me.

Yen will become bullish... 151.xx on GJ, 77.xx on AJ

There should be a big swing short soon i hope
  • #48,647
  • Dec 13, 2019 7:48am Dec 13, 2019 7:48am
Quoting Mitiblotch
Beautiful W pattern on USDCAD 1hr chart. Long 3169.
Closed this with minus 2 pips. I dont like the US data.
  • #48,648
  • Dec 13, 2019 8:05am Dec 13, 2019 8:05am
China holding press conference at 9.30 just right at market opening...are we having a trade deal..lol
  • #48,649
  • Dec 13, 2019 8:05am Dec 13, 2019 8:05am
Quoting Boulder
just short some Eu at 1175 and long swiss 9828 {image}
closed these two trades, +14
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  • #48,650
  • Dec 13, 2019 8:06am Dec 13, 2019 8:06am
So the retail sales miss big time, meaning the middle class is not spending nearly as much as expected going into Christmas. This should be very bad news for the US economy but my guess is that this will only help the stock market bubble due to low interest rates. In the end the middle class no longer matters?
  • #48,651
  • Dec 13, 2019 8:09am Dec 13, 2019 8:09am
Trump tweet made swiss refill at 9821
  • #48,652
  • Dec 13, 2019 8:13am Dec 13, 2019 8:13am
lets see we will get option pull
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  • #48,653
  • Dec 13, 2019 8:34am Dec 13, 2019 8:34am
Quoting Boulder
Trump tweet made swiss refill at 9821
closed swiss 9831, +10
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  • #48,654
  • Dec 13, 2019 8:57am Dec 13, 2019 8:57am
Quoting Boulder
lets see we will get option pull {image}
Options nailed it at settlement...
  • #48,655
  • Dec 13, 2019 9:01am Dec 13, 2019 9:01am
Quoting Boulder
{quote} Options nailed it at settlement...
Your option expirery posts are very helpful!
  • #48,656
  • Dec 13, 2019 9:18am Dec 13, 2019 9:18am
Quoting Boulder
{quote} Options nailed it at settlement...

Ha! giiirl! we got more than what we bargained for.

I got out at high 20s. (daily pivot)

Next week will decide if this is X2 or the start of C wave down on the daily. reason being if Daily closes below 1.1175 then B wave is a 1:1.

For now I am out with few shekels.

Thanks again Boulder and everybody on this thread.

and Gator...keep those funky youtubes coming!
  • #48,657
  • Dec 13, 2019 9:28am Dec 13, 2019 9:28am
Entered USDCAD buy as again at 3160 and 3171.
  • #48,658
  • Dec 13, 2019 9:28am Dec 13, 2019 9:28am
fyi
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  • #48,659
  • Dec 13, 2019 9:41am Dec 13, 2019 9:41am
Quoting Mitiblotch
Entered USDCAD buy as again at 3160 and 3171.
Closed the 3171 with 10 pips at 3181. Moved SL into one pip profit for the one from 3160 and will let it ride. I sometimes share charts of my trades just to show the idea behind it so some newer or less experienced traders can pick up a thing or two. That is the W there on a 1hr chart hence my confidence to re-enter.
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  • #48,660
  • Dec 13, 2019 9:42am Dec 13, 2019 9:42am
Quoting Boulder
fyi {image}
yep a good man
very instrumental for price structure. When the economic news aint good for the US he steps in to drop the euro as per structure.
I never want him to be off twitter.
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