The Swamp

https://www.dailymail.co.uk/news/art...ource=inshorts

Well explains a lot about tariffs now.

testing..

From Newsqawk... EurUsd 1.1004 atm

entered short gold @ 38.2 fib 1565 01 sl just above fib

EU H1 downtrend stop 1.1004.. it has been testing last a few hours...70% chance bulls may reverse it into uptrend soon...I have cashed out some shorts...+23.... wait to reload higher.... I did short again at 1003 and 1004

EU Long 1001.

I think bears will allow a retrace after a new low ( < 0992 ).
it set up for 0986 now.
not putting my money where my mouth is.

closed both at 0999 +9

no they wont, yes bears @ support, S or R never last forever, there will be no retrace @ support, freefall will continue after BO south :-) my money is already where my mouth is

Swiss bulls will try again today to see they can reverse day downtrend at NY close...

USD is strong, I'm looking for 9760 in Swiss. Just need to break up here!

cable just took out last months low and last months candle was a yahoo candle, swissy has good room until last months high, gold is being a littlee bitch presently I have tried last 2 fib, and are prepared to try 50 fib if needed but I think I may already have her top 1567 13, if not will try again at 50 fib is very good resistance, geppy has save my butt today

short EU here 1.10... will add..

Just share some info with you...

I saw LMX tweet,, they made a lot fees on us for sure, ..


Someone commented Lmx runs B book.. I look up broker book types.. make me thinking... I hope LMX use hybrid not B book.. ..

http://www.forex-central.net/A-book-B-book.php

The B Book - used by Market Maker brokers
Forex brokers that use a B Book keep their clients' orders internally. They take the other side of their clients' trades, which means that the brokers' profits are often equal to their clients' losses. Brokerage firms are able to manage the risks associated with the holding of a B Book by using certain risk management strategies: internal hedging through the matching of opposite orders submitted by other clients, spread variations, etc. As the majority of retail traders lose money, the use of a B Book is very profitable for brokers.
It is obvious that this model generates conflicts of interest between brokers and their clients. Profitable traders can cause these brokers to lose money. Traders are often worried about being subject to the underhanded tactics of some brokers who seek to always be profitable. That's why the larger market maker forex brokers use a hybrid model that involves placing trades in an A Book or in a B Book based on traders' profiles.

The virus will get worse.... it will affect trading... make sure you are on the right side.. or at least protect your accounts...
I have relatives who called me from China every day... they feel like end of world out there... nothing to cheer about...


https://time.com/5778994/coronavirus...ountry-future/

When epidermic happens.. dollar is the king...

Shorted gold. Looks like a good place to try.

morning been super busy today

missed shorting EU, wrong om Crude and USD/CAD -

anyway

transport in Europe same country's Italy France and all over going really bad. so situation persist. also consumers spend less. retail should have some bad data coming in. will watch

hope everyone is ok

thanks for feedback

Possible start of local community spreading of the virus outside of China.

SINGAPORE - Two more Singaporeans were confirmed to have been infected by the coronavirus, said the Ministry of Health (MOH) on Thursday (Feb 6). One did not travel to China recently and does not seem to be linked to previous cases.

come on,, break 0980...