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The Swamp

  • #49,361
  • Jan 4, 2020 12:58am Jan 4, 2020 12:58am
Quoting Boulder
{quote} no.. M30 downtrend is over extended as for now..we have to wait..if bears can hold 1188 below at NY close, the weekly downtrend (1188) may force EU down next week to meet day uptrend stop (1038),, some old trades got cashed out, now I wait for reload.. {image}
I think I misread, thought it said 1.1130 lol. Me too, cashed a couple out and added once 1.11475. I am with you hoping this repo ends this month, USD gotta make its final push and this is just making it a slow grind. W/e, hopefully we catch many pips just the same. Bigger they are harder they fall.
  • #49,362
  • Jan 4, 2020 1:55am Jan 4, 2020 1:55am
Good morning,
Happy New Year.
Have a very good trading year everyone !
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #49,363
  • Jan 4, 2020 9:48am Jan 4, 2020 9:48am
Quoting Mitiblotch
I personally would prefer continuous rise. It makes the short easier. Let it even get to 1.13 I don't mind. I will wait till after FOMC to see how the day closes. A green day almost guarantees a retest of 1.1230.
With NFP coming, you may be right. Pre NFP likes to pump. I dont think it will run too much past 1210 in January. NFP may prevent a meaningful drop before its posted Friday.
those who can, do. those who cant, talk about those who can
  • #49,364
  • Jan 4, 2020 9:49am Jan 4, 2020 9:49am
Quoting gatorinla
{quote} it looks like st 1152 to come..15 min held. 5 min is testing atm.. That month number was at 1175 in dec.. its slightly higher now.. 1178.7.. you should have bet me a steak about 1181..
done b4 close
those who can, do. those who cant, talk about those who can
  • #49,365
  • Jan 4, 2020 10:42am Jan 4, 2020 10:42am
Quoting DMA Trader
Good morning, Happy New Year. Have a very good trading year everyone !
Happy New Year to you too , DMA,, long time no see...
  • #49,366
  • Jan 4, 2020 7:15pm Jan 4, 2020 7:15pm
Quoting Mitiblotch
I personally would prefer continuous rise. It makes the short easier. Let it even get to 1.13 I don't mind. I will wait till after FOMC to see how the day closes. A green day almost guarantees a retest of 1.1230.
I have a like month (Jan) support on usdx at 96.82ish. The month did open below this level. It has since recovered above 96.82. It is a support area I use on the usd, equivalent to the resistance level at 1210 on the eu. I can't say with 100% it will hold January back. Pa can break them. I'm saying pa is unlikely to make a run past them, more than a few dozen pips. Pa is likely to close January within these borders, usd+ 96.82 and eu -1210.

The eu range between these levels 1122 and 1210. I posted these last week before the drop (last week ranged between these). Its harder to go past 1210 usually, than it would be to go below 1122. A type of range between these levels. If pa manges to get below 1122 the rungs below are 1069, 0962, 0909, 0821.

I have no rungs above eu 1210. That means a further up move is weighted. It's unlikely to move move past 1210. Support 1122 ish. The support at 1122 is more likely to break, than the R at 1210.

USD wise above 96.82 is 97.49, 97.88, 98.68, 99.07, 9974. I also have no rung on usd, below 96.82. The usd support is less likely to break than R at 97.49. The high for January is 97.11.
Search 97.09

Not expecting such large moves. I used to say w/o systemic, a war*, economic meltdown, or a large meteor striking the earth. In February new numbers will change some.
those who can, do. those who cant, talk about those who can
  • #49,367
  • Jan 5, 2020 2:26am Jan 5, 2020 2:26am
Quoting Boulder
{quote} Happy New Year to you too , DMA,, long time no see...
thank you
will probably stay very active until February or March
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #49,368
  • Jan 5, 2020 7:55am Jan 5, 2020 7:55am
https://www.zerohedge.com/markets/gu...its-lowest-ipo

Gulf stock markets plunged on Sunday, with Saudi, Kuwaiti, Dubai, Qatari, and Egyptian stocks leading heavy losses
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #49,369
  • Edited 11:45pm Jan 5, 2020 11:33pm | Edited 11:45pm
eu daily.

Attached Image (click to enlarge)
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Quoting gatorinla
{quote} I have a like m......
lots of time left in my chart too.
  • #49,370
  • Jan 6, 2020 2:53am Jan 6, 2020 2:53am
Quoting DMA Trader
https://www.zerohedge.com/markets/gu...its-lowest-ipo Gulf stock markets plunged on Sunday, with Saudi, Kuwaiti, Dubai, Qatari, and Egyptian stocks leading heavy losses
morning for now USD weakness - playing against USD on gold an eur
futures going down on tweets from IRAN/IRAQ/US
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #49,371
  • Jan 6, 2020 2:57am Jan 6, 2020 2:57am
Quoting DMA Trader
{quote} morning for now USD weakness - playing against USD on gold an eur futures going down on tweets from IRAN/IRAQ/US
PMI on EU coming a little bit better so this may help
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #49,372
  • Jan 6, 2020 3:01am Jan 6, 2020 3:01am
Quoting DMA Trader
{quote} PMI on EU coming a little bit better so this may help
charts look bullish trend for EU besides monthly
looks like a range for now but will play on the long side
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #49,373
  • Jan 6, 2020 3:33am Jan 6, 2020 3:33am
Quoting DMA Trader
{quote} charts look bullish trend for EU besides monthly looks like a range for now but will play on the long side
so Boulder if you go long On EU would you hedge buy buying USD/CHF seems a good level on a weekly chart

Anyone buying USD/CHF
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #49,374
  • Jan 6, 2020 3:53am Jan 6, 2020 3:53am
Quoting DMA Trader
{quote} so Boulder if you go long On EU would you hedge buy buying USD/CHF seems a good level on a weekly chart Anyone buying USD/CHF
no buy swiss atm.. I prefer to short swiss for these two days...I have a swiss short here 9694.. waiting to cash out
I did short EU at 1185 when I woke up 20 mins ago for refill
  • #49,375
  • Jan 6, 2020 4:01am Jan 6, 2020 4:01am
from Newsquawk....EurUsd 1193 atm...
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  • #49,376
  • Jan 6, 2020 4:03am Jan 6, 2020 4:03am
Quoting DMA Trader
{quote} charts look bullish trend for EU besides monthly looks like a range for now but will play on the long side
I will trade some EU long too if this can retrace some,,,when I woke up, EU already at RU R2 1184, so I shorted it... next RU R3 1209
  • #49,377
  • Jan 6, 2020 4:07am Jan 6, 2020 4:07am
Quoting DMA Trader
{quote} charts look bullish trend for EU besides monthly looks like a range for now but will play on the long side

closed for now near 1192 looking to add on 1h - 30 min some retrace

tp for longs this area or to 1.125 max probably good to short
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #49,378
  • Jan 6, 2020 4:09am Jan 6, 2020 4:09am
EU H1 has reversed to uptrend 2 hours ago with stop 1.1147...Eu may run up for a day or two to meet H4 downtrend stop, currently at 1.1236
  • #49,379
  • Jan 6, 2020 4:24am Jan 6, 2020 4:24am
Quoting Boulder
{quote} no buy swiss atm.. I prefer to short swiss for these two days...I have a swiss short here 9694.. waiting to cash out I did short EU at 1185 when I woke up 20 mins ago for refill
closed Swiss short here 9686, +8
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  • #49,380
  • Jan 6, 2020 4:30am Jan 6, 2020 4:30am
Quoting gatorinla
{quote} I have a like month (Jan) support on usdx at 96.82ish. The month did open below this level. It has since recovered above 96.82. It is a support area I use on the usd, equivalent to the resistance level at 1210 on the eu. I can't say with 100% it will hold January back. Pa can break them. I'm saying pa is unlikely to make a run past them, more than a few dozen pips. Pa is likely to close January within these borders, usd+ 96.82 and eu -1210. The eu range between these levels 1122 and 1210. I posted these last week before the drop (last week...
1203 is a weaker inside week R area. 1210 the outer month level. Pa may be limited to a small range this week with NFP pump against R.
those who can, do. those who cant, talk about those who can
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