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The Swamp

  • #52,961
  • Feb 28, 2020 12:46pm Feb 28, 2020 12:46pm
Dow Jones - 900 again
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #52,962
  • Feb 28, 2020 12:57pm Feb 28, 2020 12:57pm
Quoting gatorinla
{quote} not today.. wait till next week. 0855 will be higher then
1.1001 next week, possible new attempt at this weeks high (or greater) between now and next Friday. Bears need to start closing days below, and Friday to drop. The close is indicative of bulls still not finished. I did close me some red shorts last night. So I still may be able to reopen those higher.
Earlier when the dow was making the new low on the week. And bonds were making a new all time low. The eu was 65 pips lower than today's high. That leads me to believe the bulls are tiring some. But the lc was still higher. I need to respect that. The high was rejected quickly, but bulls stiffened to hold 4h support. She wasn't ready yet.
those who can, do. those who cant, talk about those who can
  • #52,963
  • Feb 28, 2020 1:03pm Feb 28, 2020 1:03pm
Quoting gatorinla
{quote} 1.1001 next week, possible new attempt at this weeks high (or greater) between now and next Friday. Bears need to start closing days below, and Friday to drop. The close is indicative of bulls still not finished. I did close me some red shorts last night. So I still may be able to reopen those higher.

Ya I was happy to close a few shorts today and only have 3 left. I made sure I spaced them properly just in case it goes much higher. Personally I think we will see 1.11 before it falls again.



Cheers

Jeff
I EAT PIPS
  • #52,964
  • Feb 28, 2020 1:05pm Feb 28, 2020 1:05pm
Quoting jshear
{image}
yeah, rumors helping the usd sink. It makes a market.
those who can, do. those who cant, talk about those who can
  • #52,965
  • Feb 28, 2020 1:06pm Feb 28, 2020 1:06pm
After pullback on interest rate cut chatter, guessing stocks will be sold into the close. Trump administration has barred Anthony Fauci, one of the nation's leading experts on infectious disease (who's served 5 presidents) from appearing on weekend chat shows. Not sure they thought this cunning plan through, silencing an expert, as man-in-charge Mike Pence decides who will be allowed to speak. Word of this silencing will probably spook rational people who just want straightforward information.

Took it on the chin here, with 100 pip SL on EU short, thankfully mostly washed with S&P short. Stay safe. Wash your hands!
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Follow the money --Mark Felt (Deepthroat)
  • #52,966
  • Feb 28, 2020 1:12pm Feb 28, 2020 1:12pm
Quoting longfellow
After pullback on interest rate cut chatter, guessing stocks will be sold into the close. Trump administration has barred Anthony Fauci, one of the nation's leading experts on infectious disease (who's served 5 presidents) from appearing on weekend chat shows. Not sure they thought this cunning plan through, silencing an expert, as man-in-charge Mike Pence decides who will be allowed to speak. Word of this silencing will probably spook rational...
Sounds like a police state, banana republic style. What the people can't handle the truth? This alone can make the market collapse. When the people distrust or know the leaders are lying. What can one expect? We saw the bullshit about the fake Alabama hurricane coverup.

Break out the sharpie adding Alabama..What a phucking moron.
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those who can, do. those who cant, talk about those who can
  • #52,967
  • Feb 28, 2020 1:22pm Feb 28, 2020 1:22pm
Quoting DMA Trader
{quote} almost 100 usd drop for gold
somewhat of a confirmation that fed doesnt sound like they are looking to cut in the next meeting...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #52,968
  • Feb 28, 2020 1:26pm Feb 28, 2020 1:26pm
Quoting fxtyrant
{quote} somewhat of a confirmation that fed doesnt sound like they are looking to cut in the next meeting...
yeah that is a true point.... or all selling to buy cheaper later on...
  • #52,969
  • Feb 28, 2020 1:32pm Feb 28, 2020 1:32pm
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I EAT PIPS
  • #52,970
  • Feb 28, 2020 1:33pm Feb 28, 2020 1:33pm
Quoting jshear
{image}
Short 2920 SPX - thank you Powel
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #52,971
  • Feb 28, 2020 1:34pm Feb 28, 2020 1:34pm
Quoting DMA Trader
EUR/USD close aboe 1H again so LOng 1.100

+20 Thank you Mr Powel
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #52,972
  • Feb 28, 2020 1:34pm Feb 28, 2020 1:34pm
Out of my Swiss short in green. Done. Stress! More longs to add
I play the trade gamble to feed my Porsche addiction.
  • #52,973
  • Feb 28, 2020 1:35pm Feb 28, 2020 1:35pm
Quoting DMA Trader
{quote} +20 Thank you Mr Powel

A rate cut the Euro will go much higher. My call is 1.11. With Powell hinting of one the Euro is popping unless the ECB cuts too.


Cheers

Jeff
I EAT PIPS
  • #52,974
  • Feb 28, 2020 1:35pm Feb 28, 2020 1:35pm
Quoting jshear
{image}
now we see panic. just before the weekend for shorts
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #52,975
  • Feb 28, 2020 1:38pm Feb 28, 2020 1:38pm
so now we cut rates and virus disappears.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #52,976
  • Feb 28, 2020 1:39pm Feb 28, 2020 1:39pm
I love panic drops, like to ride back up for beer money
I play the trade gamble to feed my Porsche addiction.
  • #52,977
  • Feb 28, 2020 1:41pm Feb 28, 2020 1:41pm
Quoting DMA Trader
so now we cut rates and virus disappears.
Your right a rate cut is useless. The announcement of a vaccine would do the trick.


Cheers

Jeff
I EAT PIPS
  • #52,978
  • Feb 28, 2020 1:41pm Feb 28, 2020 1:41pm
New York City says it is unable to reliably test for coronavirus: "The kits that were sent to us have demonstrated performance issues and cannot be relied upon to provide an accurate result" - ProPublica

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Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #52,979
  • Feb 28, 2020 1:45pm Feb 28, 2020 1:45pm
lol
https://www.forexlive.com/news/!/lar...rkets-20200228

"Literal translation"
Yo, please find someone willing to catch this knife.

Larry Kudlow basically the car salesman in here...
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We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #52,980
  • Feb 28, 2020 1:50pm Feb 28, 2020 1:50pm
Quoting DMA Trader
{quote} almost 100 usd drop for gold
Let's cut rates so we keep the bubble going

30 $ up
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
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