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The Swamp

  • #61,881
  • May 1, 2020 4:26am May 1, 2020 4:26am
Quoting xav
{quote} Countries have started to open up so a second wave is inevitable, the question is how severe it's going to be. A treatment would have to be highly effective and rapid to curb a second wave. It's more likely that we get a vaccine before that. Which is still about a year from now, best case.
The world can't keep getting in quarantine for a few other months.

So far we have a bit more than 200k deaths. When you think about it and the world's population its nothing. Its a big and sad number but overall its nothing

People are scared of the unknown
COT: The precious data ignored
  • #61,882
  • May 1, 2020 4:32am May 1, 2020 4:32am
Quoting Boulder
morning..just woke up.. short some EU here 0978...unless TP out.. I wont add more short
Pennant cleared, if you don't add more maybe it has a chance to rise
Simplicity is the Ultimate Sophistication.
  • #61,883
  • May 1, 2020 4:33am May 1, 2020 4:33am
Quoting Boulder
morning..just woke up.. short some EU here 0978...unless TP out.. I wont add more short
Good morning. I too added at 1.09835.


Cheers

Jeff
I EAT PIPS
  • #61,884
  • May 1, 2020 4:34am May 1, 2020 4:34am
Quoting gatorinla
{quote} month and week closed lower. Day higher. I'm building shorts on this rise. contrary pa has a pole with a flag. its about 130 pips. meaning pa can go 130 pips higher than 0972 or about 1.11 if this breaks north. month closing lower should make the 0883 test, and usually a test of month low or more (in may). but 0883 is a wildcard maybe supportive. The flag wasn't here when above quoted post was sent. {image}
0986 week R2, 12h R 0988.7
those who can, do. those who cant, talk about those who can
  • #61,885
  • May 1, 2020 4:39am May 1, 2020 4:39am
Quoting gatorinla
{quote} 0986 week R2, 12h R 0988.7
I went in early.. should have waited 0987 Ru R1, that will be easy 10 pips
  • #61,886
  • May 1, 2020 4:41am May 1, 2020 4:41am
Quoting gatorinla
{quote} 0986 week R2, 12h R 0988.7
I don't have Swiss as hedge... it has been falling like a rock
  • #61,887
  • May 1, 2020 4:49am May 1, 2020 4:49am
Quoting Mitiblotch
Long GU 2557.
Out. I am not convinced with the way GU is flirting with daily pivot. I should have banked 20 pips but let it come back to my entry.
  • #61,888
  • May 1, 2020 4:49am May 1, 2020 4:49am
Quoting Boulder
{quote} I don't have Swiss as hedge... it has been falling like a rock
Holding short eu and gu. Hope for reversal. Good luck to us who short.
  • #61,889
  • May 1, 2020 4:55am May 1, 2020 4:55am
Quoting kuroro001
{quote} The world can't keep getting in quarantine for a few other months. So far we have a bit more than 200k deaths. When you think about it and the world's population its nothing. Its a big and sad number but overall its nothing People are scared of the unknown
People aren't scared of the big sad number, they are scared of the exponential rise of it. Without protective measures that number will in a mere months be #1 cause of death. Of course it's not possible to shut down the world for an uncertain time (several months, maybe years) for an uncertain outcome (when is the vaccine coming, a year, 2, 5?, if ever). But we have to wait and see how bad the second wave is going to be. If people start acting again like the virus is a non-issue then it's going to be very bad.
  • #61,890
  • May 1, 2020 4:58am May 1, 2020 4:58am
Opened short at 9823. Another short waiting at 1.1020, if we get to that number today.
  • #61,891
  • May 1, 2020 5:01am May 1, 2020 5:01am
Quoting xav
{quote} People aren't scared of the big sad number, they are scared of the exponential rise of it. Without protective measures that number will in a mere months be #1 cause of death. Of course it's not possible to shut down the world for an uncertain time (several months, maybe years) for an uncertain outcome (when is the vaccine coming, a year, 2, 5?, if ever). But we have to wait and see how bad the second wave is going to be. If people start acting again like the virus is a non-issue then it's going to be very bad.
Isn't it the case already? Where i live, its freeland! People are going out as if the virus never been there
COT: The precious data ignored
  • #61,892
  • May 1, 2020 5:02am May 1, 2020 5:02am
EU datapoint atm...current trend bullish...testing day downtrend stop at 1.0960 2nd day in a row.. lets see bears can hold at NY close...currently 24 pips away..
Attached Image
  • #61,893
  • May 1, 2020 5:05am May 1, 2020 5:05am
Swiss datapoints... continue to be bearish in all time frames...
Attached Image
  • #61,894
  • May 1, 2020 5:06am May 1, 2020 5:06am
Quoting kuroro001
{quote} The world can't keep getting in quarantine for a few other months. So far we have a bit more than 200k deaths. When you think about it and the world's population its nothing. Its a big and sad number but overall its nothing People are scared of the unknown
virus mutate, nature has a way of controlling the population. Next time it may choose the healthy. Or anyone in between. Until we get a handle on it. We may not have any economy. The common theme is "its old people". That may be true, until nature decides it wants everyone. With a new virus or a mutation. In many cities, the lockdown has allowed some vermin to rise, and control the streets. One flea with a new virus could take us all out. We should be in survival mode. One of those old scientist may have a solution.

Just a rant. We all got a bullseye on our forehead. Time is a disease that takes us all. No cure for it.
those who can, do. those who cant, talk about those who can
  • #61,895
  • May 1, 2020 5:06am May 1, 2020 5:06am
Quoting Boulder
EU datapoint atm...current trend bullish...testing day downtrend stop at 1.0960 2nd day in a row.. lets see bears can hold at NY close...currently 24 pips away.. {image}
And you short because week and month are down ?
Simplicity is the Ultimate Sophistication.
  • #61,896
  • May 1, 2020 5:11am May 1, 2020 5:11am
Quoting broketrader
{quote} And you short because week and month are down ?
for the last one add... no... I see some divergence in M15...it may not play out...
for whole cycle.. yes...that is why I have been shorting Eur...
no matter what, I still need to manage my trades... not over leverage....I wont add more till trend starts to reverse...
  • #61,897
  • May 1, 2020 5:14am May 1, 2020 5:14am
Quoting kuroro001
{quote} Isn't it the case already? Where i live, its freeland! People are going out as if the virus never been there
Let's see the stats a month from now. Hopefully you will be right and it was only a worry for nothing.
  • #61,898
  • May 1, 2020 5:14am May 1, 2020 5:14am
Quoting gatorinla
{quote} virus mutate, nature has a way of controlling the population. Next time it may choose the healthy. Or anyone in between. Until we get a handle on it. We may not have any economy. The common theme is "its old people". That may be true, until nature decides it wants everyone. With a new virus or a mutation. In many cities, the lockdown has allowed some vermin to rise, and control the streets. One flea with a new virus could take us all out. We should be in survival mode. One of those old scientist may have a solution. Just a rant. We all got...
There is the other side too, i have heard that after a while and some mutation, they can become less aggressive, they "understand" that killing the host kills themselves too, and as their main goal is to spread over the population and not to die with their host, they adapt...
Simplicity is the Ultimate Sophistication.
  • #61,899
  • May 1, 2020 5:16am May 1, 2020 5:16am
Quoting Boulder
{quote} for the last one add... no... I see some divergence in M15...it may not play out... for whole cycle.. yes...that is why I have been shorting Eur... no matter what, I still need to manage my trades... not over leverage....I wont add more till trend starts to reverse...
It makes sense and is logical, thanks for the explanation.
Simplicity is the Ultimate Sophistication.
  • #61,900
  • May 1, 2020 5:21am May 1, 2020 5:21am
Quoting Boulder
{quote} for the last one add... no... I see some divergence in M15...it may not play out... for whole cycle.. yes...that is why I have been shorting Eur... no matter what, I still need to manage my trades... not over leverage....I wont add more till trend starts to reverse...
I won't add short eu. Average short 1.0838. Also short gu 1.2070. Watching and holding only. No more bullets
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