The Swamp

lol.. yours very funny too...

...Yes this are very funny also...

...Indis are laging I know but if I don't have a few moving averages, a MACD and an RSI...then I don't have direction of where the market is going, I mean I know I can always relay on gator and you but I'm not as smart as you two to relay on naked charts yet...I mean I have only being doing this since 2005, but beside your guidance and gator's I'm lost without indicators...

...This chart tell me e/u is oversold so I should go long...when Oh well there is where I'm lost, not good with trending markets, better with HFT ( small pips ) two or tree, 5 the most...must of the time, one wish is the +1 I put when it goes my way, wish is very little, lol...good luck and many pips to you guys....

there could be a 3 dive pattern.
its 20 pips below the 78.6 level but doesn't matter much at this timeframe.
its 4 pips away from a nen star projection.
we shall see.

....This chart is also oversold so I buy this pair until it turns and give me a few as soon as is in profits I secured at +1 if it takes me out then I rinse and repeat, and that is all I know how to do, I use 3 charts one minute, 5M and 15M if all are oversold I buy if all are overbought, I sale...some times I make it some times I have to rinse and repeat, and then again is all I know how to do...



5M is also sold out, so I buy...



...and this 15M is also sold out, so I keep buying, you need a big acc and small lots...



since I'm writing this post this first trade is almost at +1 already so...I keep trying or dye trying you know...

5m at 0860 now, 10 pip rule remains. Roadkill ignore this.

dont know bout you guys but does it feel like EURUSD maybe a little too stretched?? we're now getting all the banks' consensus for EURO to go even lower.....
if lesson has taught me anything is when Banks start to align with one direction and publishing it to public... maybe best to start looking at doing the exact opposite....

No reason to buy EurUsd yet.. none of signals has turned from downtrend to uptrend

.....

This reminds me what I read the other day..

I like this... though stocks is not really forex.. and you still have to give credit where credit is due... that the RSI did work at calling tops.....

but stocks are much driven by company fundamentals more than anything.... and Valeant was no exception
thats why i dont use any technicals for stocks...

I still think Euro has an up move before 1.08 breaks, I am out of EA shorts and still have plenty of AU shorts. Any retrace in EA will get me shorting the crap out of EU. GU has me tied up at the moment though. No retrace below 50% of last week's candle (1.3025) will have me taking some positions off. But truth be told, I really don't want to lol.

5m at 0851 now and compressing, ---

strong market me thinks, maybe some more up today....

Gator, here is the info

https://www.bloomberg.com/news/artic...source=twitter

Fed to Withdraw More Liquidity Than Expected Amid Funding Calm
By
Alex Harris
February 13, 2020, 1:09 PM MST Updated on February 13, 2020, 2:11 PM MST

1. New York Fed releases new repo op. schedule through March 12
2. Overnight offerings and term operations are both set to shrink

The Federal Reserve Bank of New York will shrink its repurchase-agreement operations more than analysts expected, starting with Friday’s overnight offering, a sign officials are comfortable removing liquidity without upending funding markets.
The central bank on Thursday announced a new schedule for both overnight and 14-day term repo operations through March 12. Starting next week, the term offerings will drop by $5 billion, to a maximum of $25 billion, and those starting March 3 will shrink again, to a maximum of $20 billion. The bank’s daily overnight operations, meanwhile, will drop by $20 billion, to a limit of $100 billion.
This marks the second straight month the Fed is reducing liquidity injections. It said in mid-January that it would reduce term operations by $5 billion starting in February. These operations have been oversubscribed this month, but analysts say the demand from dealers hasn’t indicated renewed stress in funding markets, or concern about bank reserves. Instead, the strong bidding is seen as simply underscoring that the rates dealers can get in these operations are lower than prevailing market rates.
“This decrease is a bit faster than expected,” said Gennadiy Goldberg, a senior U.S. rates strategist at TD Securities. “Given the functioning of the money markets recently, they’re probably feeling a bit more confident they can take away some of the repo support more quickly without market disruptions.”
The newly scheduled offerings will provide liquidity through March 26. The Fed has been conducting repos and Treasury-bill purchases in a bid to keep control of short-term rates and bolster bank reserves. The efforts have calmed markets since the September spike that took overnight repo rates as high as 10%, and helped quell concern about a potential cash crunch at the end of 2019.
The repo market has also experienced little volatility around other calendar events, such as Treasury auction settlement dates, when the market is prone to indigestion due to the influx of collateral.
Fed Chairman Jerome Powell reiterated in congressional testimony this week that the central bank stands ready to adjust the operations as conditions warrant. Powell said last month the Fed would continue term and overnight repo operations at least through April.
The Fed also said Thursday that it planned to continue buying $60 billion of Treasury bills each month for reserve mana

Brain wants to buy with reasons not to buy, so I'll indulge it with a stop of 7. Once it hits I can tell it "I told you so." in @ 8322

1.0848 now

that won't hurt my feelings. GN;

as soon as i put that sign market turned against me

i think 840 is a sell - i am long from higher, but will also try to short it for some bucks

usually panic comes when all things are align like that. I also see no reason to buy hopefully i will exit long before 1.05 lol