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The Swamp

  • #50,161
  • Jan 21, 2020 7:43pm Jan 21, 2020 7:43pm
Got in at 1.1115, still holding until below 1.107 at least. Will see if we have that tomorrow. GJ looks like it's finally ready to make a big break down. I will be happy with 139 by end of January.
  • #50,162
  • Jan 21, 2020 9:27pm Jan 21, 2020 9:27pm
Quoting Boulder
{quote} Two big UJ supports ahead 109.68 and 109.5... stop hunt 109.75
Usdjpy has recovered back to 110.09 seems like it wants 110.42 - 111..
  • #50,163
  • Jan 21, 2020 9:46pm Jan 21, 2020 9:46pm
EU looking bearish, even more so with yesterdays close....I like a move toward 1.1025..
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Look Sharp/Trade Tight
  • #50,164
  • Jan 21, 2020 10:06pm Jan 21, 2020 10:06pm
Quoting euroboy2208
{quote} Usdjpy has recovered back to 110.09 seems like it wants 110.42 - 111..
You may be right.. I trade what my system shows,, currently 1H downtrend stop 110.08 and 4H downtrend stop 110.29... if bears can't hold those stops, especially 4H downtrend stop, I will have to pause UJ shorts.. I just refilled a few UJ short positions from 109.93 to 110.04 since I have cashed out those positions early this afternoon
  • #50,165
  • Jan 21, 2020 10:57pm Jan 21, 2020 10:57pm
Quoting Boulder
{quote} You may be right.. I trade what my system shows,, currently 1H downtrend stop 110.08 and 4H downtrend stop 110.29... if bears can't hold those stops, especially 4H downtrend stop, I will have to pause UJ shorts.. I just refilled a few UJ short positions from 109.93 to 110.04 since I have cashed out those positions early this afternoon
Now it's falling..it's so tough to understand jpy pairs..Never had a good success ratio with them..good luck..
  • #50,166
  • Jan 22, 2020 3:01am Jan 22, 2020 3:01am
Quoting Boulder
{quote} You may be right.. I trade what my system shows,, currently 1H downtrend stop 110.08 and 4H downtrend stop 110.29... if bears can't hold those stops, especially 4H downtrend stop, I will have to pause UJ shorts.. I just refilled a few UJ short positions from 109.93 to 110.04 since I have cashed out those positions early this afternoon
closed UJ short here 109.95, +10
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  • #50,167
  • Jan 22, 2020 3:03am Jan 22, 2020 3:03am
From Newsqawk.. EurUsd 1.1078 atm
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  • #50,168
  • Jan 22, 2020 3:07am Jan 22, 2020 3:07am
maybe $/swiss proving some support via EURCHF.....near some R outright anyway...
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Look Sharp/Trade Tight
  • #50,169
  • Jan 22, 2020 3:11am Jan 22, 2020 3:11am
Watching Swiss close, looking for a break of 97250 and continuation to 97500... If not, back to 969'
I play the trade gamble to feed my Porsche addiction.
  • #50,170
  • Jan 22, 2020 3:15am Jan 22, 2020 3:15am
Quoting gatorinla;12713074[COLOR=Red
]stuck in the middle 1069/1122[/color] https://www.youtube.com/watch?v=ln7Vn_WKkWU {image}
still the same.
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those who can, do. those who cant, talk about those who can
  • #50,171
  • Jan 22, 2020 3:25am Jan 22, 2020 3:25am
Quoting gatorinla
{quote} still the same. https://www.youtube.com/watch?v=HjDpKeiYxOU {image}
tomorrow is a good day for weekly low. HS pointed to 103x.. 1069 is still in the way.. New numbers Feb 1..
those who can, do. those who cant, talk about those who can
  • #50,172
  • Jan 22, 2020 3:26am Jan 22, 2020 3:26am
Quoting PayTheLimit
maybe $/swiss proving some support via EURCHF.....near some R outright anyway... {image}
Caught some chf pairs trades, Usdchf +15 and Audchf +10... wait to start long series of Uchf once it can retrace some...
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  • #50,173
  • Jan 22, 2020 3:30am Jan 22, 2020 3:30am
Quoting gatorinla
My new month chart has 1213 as a month R. It is normally a pretty good R area. It should be hard to stray far from it this month. The high area for Jan may be set in the current 122x/30 area. 1122/23 is the next lower month level I use, followed by 1069, 0962, 0909, 0821. As bullish as pa seems that 1122/1213 ish range may be in the future. Fed is still in the game helping usd bears.
if pa can break and hold below 1069. 1069 may become R for the rest of Jan. below it, 0962 is the next rung on the ladder. When the month flips, these will no longer be good.
those who can, do. those who cant, talk about those who can
  • #50,174
  • Jan 22, 2020 3:33am Jan 22, 2020 3:33am
Shorting USDCHF here.. USD sinking, EU flying.... Normally indicates a direction for USDCHF.. Lets see, core postions are long for a move to .99 longer term
I play the trade gamble to feed my Porsche addiction.
  • #50,175
  • Jan 22, 2020 3:36am Jan 22, 2020 3:36am
Quoting gatorinla
{quote} if pa can break and hold below 1069. 1069 may become R for the rest of Jan. below it, 0962 is the next rung on the ladder. When the month flips, these will no longer be good.
January is almost done. I wonder what is at 1069 (1065) that makes it this tough. I still doubt this rise on EU. I believe we should see at least 1062.
  • #50,176
  • Jan 22, 2020 3:45am Jan 22, 2020 3:45am
Borrow a banker's chart. EU needs to break the trend line at day close
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  • #50,177
  • Jan 22, 2020 3:49am Jan 22, 2020 3:49am
Quoting Mitiblotch
{quote} January is almost done. I wonder what is at 1069 (1065) that makes it this tough. I still doubt this rise on EU. I believe we should see at least 1062.
My friends say tomorrow is the low. 1069 ish atm is supportive. Close below, and it may be R. Making 09x supportive. HS indicted 103x was going to happen.
Inserted Video
those who can, do. those who cant, talk about those who can
  • #50,178
  • Jan 22, 2020 3:59am Jan 22, 2020 3:59am
little possible set up 1095/96-till yest high short. usually best to let it take -1074 first.. then wait for 1095 fade up.
those who can, do. those who cant, talk about those who can
  • #50,179
  • Jan 22, 2020 4:07am Jan 22, 2020 4:07am
Quoting gatorinla
{quote} My friends say tomorrow is the low. 1069 ish atm is supportive. Close below, and it may be R. Making 09x supportive. HS indicted 103x was going to happen. https://www.youtube.com/watch?v=X5z-jjWyAJQ
Any reason for tomorrow in particular, if I may ask? You said this some days ago.
  • #50,180
  • Jan 22, 2020 4:11am Jan 22, 2020 4:11am
Quoting Mitiblotch
{quote} Any reason for tomorrow in particular, if I may ask? You said this some days ago.
Tomorrow is ECB
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