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The Swamp

  • #53,721
  • Mar 5, 2020 9:16am Mar 5, 2020 9:16am
Quoting DMA Trader
buying some SPX selling some eur. trying to bottom fish on SPX and sell top on EU. not keeping much - if it goes my way
i think i have more than 100 trades today i need sleep fast
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #53,722
  • Mar 5, 2020 9:18am Mar 5, 2020 9:18am
Quoting DMA Trader
{quote} i think i have more than 100 trades today i need sleep fast
73
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #53,723
  • Mar 5, 2020 9:18am Mar 5, 2020 9:18am
Quoting DMA Trader
{quote} 73
need to change my title from position trader to nano second trader
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #53,724
  • Mar 5, 2020 9:22am Mar 5, 2020 9:22am
VIX is still going up
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #53,725
  • Mar 5, 2020 9:26am Mar 5, 2020 9:26am
Quoting DMA Trader
Short AUD/USD 0.66300 - since most of related stuff is corona today on markets this one should be affrected R on daily good Risk/Reward (15/30(40) some RSI div. waned to short at 066 but markets were excited yesterday
out +30
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #53,726
  • Mar 5, 2020 9:26am Mar 5, 2020 9:26am
Quoting DMA Trader
{quote} 73
Nice I did 31 trades today and 157 trades this week trading the Euro and Cad and Swissy. Love this price action.
DMA Trader your a machine
Jeff
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I EAT PIPS
  • #53,727
  • Mar 5, 2020 9:31am Mar 5, 2020 9:31am
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I EAT PIPS
  • #53,728
  • Mar 5, 2020 9:34am Mar 5, 2020 9:34am
Quoting jshear
{image}
An animal health company?
Follow the money --Mark Felt (Deepthroat)
  • #53,729
  • Mar 5, 2020 9:35am Mar 5, 2020 9:35am
EU broke 15m ....
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #53,730
  • Mar 5, 2020 9:36am Mar 5, 2020 9:36am
Chinese doctors have proved for the first time that the novel coronavirus can cause damage to patients' central nervous system.

http://www.china.org.cn/china/2020-0...t_75777888.htm
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #53,731
  • Mar 5, 2020 9:38am Mar 5, 2020 9:38am
Quoting DMA Trader
DOW - 800
green cross red is the one. week chart.

2008 is plain to see.. It went above for a while then lost it.The last try in 2018 failed. As it was falling we already had low rates. Rates were cut, and it continued to fall. The need for repo is a symptom, well before corona. Now with corona, it's just a matter of time. Lots of cash around, nobody wants to stuff the mattress. The AJ is showing commodity and equities. The balance if off. Equities are high. While commodities are in less demand. Corona will expose this to a greater degree. Someone is already having liquidity problems because repo demand is high. In 2008 equities and commodities were pumped.

The crash happened when the excess supply hoarded with production, became greater than demand. The hoarders and producers had to sell into oversupply. The liquidity and margin calls accelerated (fire sales) the drop. Corona may cause a like situation. If we all stay off the streets, we tend to consume less.
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those who can, do. those who cant, talk about those who can
  • #53,732
  • Mar 5, 2020 9:48am Mar 5, 2020 9:48am
Quoting gatorinla
{quote} green cross red is the one. week chart. 2008 is plain to see.. It went above for a while then lost it.The last try in 2018 failed. As it was falling we already had low rates. Rates were cut, and it continued to fall. The need for repo is a symptom, well before corona. Now with corona, it's just a matter of time. Lots of cash around, nobody wants to stuff the mattress. The AJ is showing commodity and equities. The balance if off. Equities are high. While commodities are in less demand. Corona will expose this to a greater degree. Someone...
i am also being careful on business. i don't see things going down hard even last month Europe was ok. China has made a big hole in production that for now needs to be filled. most of the Wuhan is automotive so export's like we've seen is so low also sales dramatic fall. we might get a dead cat bounce in stocks and even economy, the way gov are acting supporting economies i am not sure this is the time to panic. i think it will be another time maybe in a few weeks months.

People are very optimistic on China rebound right now. and even my transport company in Europe, transiting Italy did not have a bad month. while some of the business are closed. like restaurants or shopping malls. also a lot of them are preparing stimulus. - i could be wrong but i think the next leg down will be later on this year.

The most sensitive and negative thing that can happen with virus is people to get again sick or virus mutating. i think this is possible and clearly not in the price. Also we all know bear markets have huge rally's that can kill shorts or small accounts. I also thing it's stupid to think that warm weather is about to kill the virus. so with all the "positive" things coming not sure the panic will come right now. of course just my humble opinion. not risking too much on this idea lol
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #53,733
  • Mar 5, 2020 9:54am Mar 5, 2020 9:54am
https://elite.finviz.com/quote.ashx?t=XLF&ty=c&ta=0&p=m

most of the financials are in (bear market - 20%) already
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #53,734
  • Mar 5, 2020 10:13am Mar 5, 2020 10:13am
DOW - 500
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #53,735
  • Mar 5, 2020 10:13am Mar 5, 2020 10:13am
Quoting DMA Trader
DOW - 500
SPX close to upper range of 3080
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #53,736
  • Mar 5, 2020 10:21am Mar 5, 2020 10:21am
So much for USDX catching a flight today!
I play the trade gamble to feed my Porsche addiction.
  • #53,737
  • Mar 5, 2020 10:23am Mar 5, 2020 10:23am
Quoting DMA Trader
https://elite.finviz.com/quote.ashx?t=XLF&ty=c&ta=0&p=m most of the financials are in (bear market - 20%) already
Banks are so competitive with mortgage rates. The rate cut is shrinking the banks bottom line. I smell a big labor cut in financials.

Europe as a whole depends on tourism for 10% of its gdp.

If you dont buy that daily cup of coffee, from the coffee shop this week. Your not going to buy a week's worth to make it up next week. That coffee shop and the server (tips) will never get that sale again. Repeat that 10's of millions of times with flights, hotels, cabs, cruises, restaurants, boutiques, etc.

Buying land, income producing property may be in vogue.

All I know is during the 2008 crash, the Fed cut. At that time Triciet wouldn't lower ecb rates early on. Yet, the usd was stronger.
those who can, do. those who cant, talk about those who can
  • #53,738
  • Mar 5, 2020 10:24am Mar 5, 2020 10:24am
I watch One number only, wait to see bears can hold EurUsd below 1.1188 at NY close tomorrow, which its weekly downtrend stop...good luck...
  • #53,739
  • Mar 5, 2020 10:26am Mar 5, 2020 10:26am
EUR is killing me so annoying -

H4 - rsi divergence.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #53,740
  • Mar 5, 2020 10:29am Mar 5, 2020 10:29am
South Korea banning export of masks - each person can buy 2 a week.
isn't mask just for 1 use ?
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
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