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The Swamp

  • #49,081
  • Dec 27, 2019 5:57am Dec 27, 2019 5:57am
Quoting jshear
I couldn’t resist taking a short during my time off. Short euro 1.11467 Cheers Jeff
You got a a far better price. It should take a dump here. Let's see if it can touch 1111 area.
  • #49,082
  • Dec 27, 2019 6:09am Dec 27, 2019 6:09am
Quoting Mitiblotch
{quote} You got a a far better price. It should take a dump here. Let's see if it can touch 1111 area.
I agree.
I EAT PIPS
  • #49,083
  • Dec 27, 2019 9:49am Dec 27, 2019 9:49am
Quoting gatorinla
u/chf has some month support 97.10 and 97.60. eu hit the 200 sma.. also testing the 175 ema. Both may need to retrace from current area levels. usdx is still above 97.11 week support. Atm usdx sits at 97.24 {image}
wrong -1203 day, and week -1189.3 are the only friends bears have. usdx 97.11 for week, pa is below atm..
those who can, do. those who cant, talk about those who can
  • #49,084
  • Edited 10:09am Dec 27, 2019 9:56am | Edited 10:09am
Quoting gatorinla
{quote} wrong -1203 day, and week -1189.3 are the only friends bears have. usdx 97.11 for week, pa is below atm..
The week downtrend stop 1.1189 may stop the bulls as they did two weeks ago...
  • #49,085
  • Dec 27, 2019 10:21am Dec 27, 2019 10:21am
Bond yields starting to turn over, risk off may finally be upon us. Gold rising fast, silver as well. Eventually the dollar will follow. Low volume push trying to squeeze the rest of the EU shorts out that they can before 1.08. Just my opinion. How high will it climb?
  • #49,086
  • Edited 4:07pm Dec 27, 2019 10:41am | Edited 4:07pm
Short EURUSD and long EURCHF since 18th December, swap positive, adds every 1% on differential. Hope EURUSD keeps going up for the adds, matters not to me as getting paid every day in swaps and making on USDCHF sells. USDCHF is zero swap for me I use for hedge trade against EURUSD sells when buying EURCHF. Think of it as buying calls to protect above the EURUSD short and buying puts below the EURCHF long.

This is my last post on this thread as my style does not fit with how you do things here, nor will it ever. Good luck to all and happy new year
  • #49,087
  • Dec 27, 2019 11:15am Dec 27, 2019 11:15am
Quoting gatorinla
{quote} wrong -1203 day, and week -1189.3 are the only friends bears have. usdx 97.11 for week, pa is below atm..
Lc week and day closed higher. Probably another push. The highest day lc since august 12, The highest week lc since August 9.
those who can, do. those who cant, talk about those who can
  • #49,088
  • Dec 27, 2019 11:30am Dec 27, 2019 11:30am
I am sure we will get a reversal next week or the week after. Most bank traders are away this week. The juniors are running the trading desk. Lol.

Jeff
I EAT PIPS
  • #49,089
  • Dec 27, 2019 11:41am Dec 27, 2019 11:41am
Quoting gatorinla
{quote} wrong -1203 day, and week -1189.3 are the only friends bears have. usdx 97.11 for week, pa is below atm..
Bulls have these above to beat. Bears are helped with swap. The fed is screwing the bears with defacto QE, several days each week. They have since October.
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those who can, do. those who cant, talk about those who can
  • #49,090
  • Dec 27, 2019 12:30pm Dec 27, 2019 12:30pm
Quoting jaylovin
I think 1.12 might get another test. Edit: if the trendline don't break first {image}
My AJ breakdown was fake and we went to new highs. Its still probably climbing more..

As for EU, 1.12 will probably break. 1.1215, 1.1252... and i got a 1.13 level... i am still short biased and believe 1 0878 will break. I have no trades running. I will wait higher up to swing short this. And possibly AJ and GJ.

GJ might hit 145.xx first... if 146 xx breaks it could go up to 151.xx before crashing hard.

Happy xmas and new year all of you.
  • #49,091
  • Dec 27, 2019 3:11pm Dec 27, 2019 3:11pm
Quoting Boulder
{quote} The week downtrend stop 1.1189 may stop the bulls as they did two weeks ago...
50 mins to go.. to see bears can hold the weekly downtrend at NY close...
  • #49,092
  • Dec 27, 2019 3:35pm Dec 27, 2019 3:35pm
Should realize the week is done. Seems everyone stays partial to one side and fought the tape all the way up. You don't want to get in front of a freight train, one moving slow or fast.

Don't rationalize losing money especially when price is grinding against you. Cheers
  • #49,093
  • Dec 27, 2019 4:47pm Dec 27, 2019 4:47pm
it was actually 78 feet 30 feet across (at widest)...bigger than it looks..
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those who can, do. those who cant, talk about those who can
  • #49,094
  • Dec 27, 2019 4:52pm Dec 27, 2019 4:52pm
Quoting gatorinla
it was actually 78 feet 30 feet across (at widest)...bigger than it looks..https://www.youtube.com/watch?v=aSp2g3iwhKY
up in smoke..
Inserted Video
those who can, do. those who cant, talk about those who can
  • #49,095
  • Dec 27, 2019 6:39pm Dec 27, 2019 6:39pm
Quoting Boulder
{quote} 50 mins to go.. to see bears can hold the weekly downtrend at NY close...
Anybody get paid a GIANT swap from Oanda today?? I did for some reason. Strange... no way to really know what swap is each day anymore....
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A snails pace wins the race :-)
  • #49,096
  • Dec 27, 2019 6:59pm Dec 27, 2019 6:59pm
Quoting JustPipMe
{quote} Anybody get paid a GIANT swap from Oanda today?? I did for some reason. Strange... no way to really know what swap is each day
//----

your right.... mine should have been several hundred negative but is positive.....

guess we can expect another dear valued customer email from oanda next week..... if not sooner......h
to trade and code, keep both simple... no call to impress....h
  • #49,097
  • Dec 27, 2019 11:34pm Dec 27, 2019 11:34pm
Quoting hayseed
{quote} //---- your right.... mine should have been several hundred negative but is positive..... guess we can expect another dear valued customer email from oanda next week..... if not sooner......h
You are not alone. I have negative swap instead of positive on all my sells for EUEUSD and buys for USDCHF but with Axitrader. Down a couple of hundreds cause of this.
  • #49,098
  • Dec 28, 2019 9:57am Dec 28, 2019 9:57am
Quoting JustPipMe
{quote} Anybody get paid a GIANT swap from Oanda today?? I did for some reason. Strange... no way to really know what swap is each day anymore.... {image} {image}
Yes Oanda paid 6x swaps yesterday for EurUsd shorts.. I trade LMX and Axitrader too , LMX paid regular but Axitrader negative swaps on EurUsd shorts yesterday.. .. ...
  • #49,099
  • Dec 28, 2019 1:47pm Dec 28, 2019 1:47pm
Quoting Boulder
{quote} Yes Oanda paid 6x swaps yesterday for EurUsd shorts.. I trade LMX and Axitrader too , LMX paid regular but Axitrader negative swaps on EurUsd shorts yesterday.. .. ...
You mean LMAX Global?
A snails pace wins the race :-)
  • #49,100
  • Dec 28, 2019 3:11pm Dec 28, 2019 3:11pm
Quoting JustPipMe
{quote} You mean LMAX Global?
yes
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