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The Swamp

  • #62,901
  • May 9, 2020 12:10am May 9, 2020 12:10am
[quote=gatorinla;12928850]{quote} Raise your hand if your ready to take the family to a sit down restaurant. Be mindful it's hard to eat, wearing a mask. If you did raise your hand, just remember, your in the minority. You alone, and others like minded. Are not enough to keep your favorite restaurant afloat. Lack of testing is keeping the majority of people home.

And seating arrangements will be changed to reduce proximity.....less seating capacity and less bums on the seats there are .....but same rent and other costs? many industries face the same issues...radical changes
Its all just one persons opinion
  • #62,902
  • May 9, 2020 12:14am May 9, 2020 12:14am
Quoting axecap
Quoting gatorinla
{quote} Raise your hand if your ready to take the family to a sit down restaurant. Be mindful it's hard to eat, wearing a mask. If you did raise your hand, just remember, your in the minority. You alone, and others like minded. Are not enough to keep your favorite restaurant afloat. Lack of testing is keeping the majority of people home. And seating arrangements will be changed to reduce proximity.....less seating capacity and less bums on the seats there are .....but same rent and other costs? many industries face the
...
yep, rent, insuring, decor, etc of a 2/3 empty building. Plus the AC/heating of a 2/3 mt building. The virus has to be defeated, before life gets back to normal. Opening things up is the opposite of defeating the virus. Spend a dollar today to beat it in January , or millions comparably to let it run.

If eating a 50$ steak can kill someone or a family member. Many opt to stay home and eat a homemade burger.
those who can, do. those who cant, talk about those who can
  • #62,903
  • May 9, 2020 12:23am May 9, 2020 12:23am
Quoting gatorinla
{quote}{quote} yep, rent, insuring, decor, etc of a 2/3 empty building. Plus the AC/heating of a 2/3 mt building. The virus has to be defeated, before life gets back to normal. Opening things up is the opposite of defeating the virus. Spend a dollar today to beat it in January , or millions comparably to let it run. If eating a 50$ steak can kill someone or a family member. Many opt to stay home and eat a homemade burger.
Next wave is the restaurant suppliers jobs lost.

Less cars and trucks needed. It's all connected in one way or another.
those who can, do. those who cant, talk about those who can
  • #62,904
  • May 9, 2020 1:38am May 9, 2020 1:38am
Quoting gatorinla
{quote} Next wave is the restaurant suppliers jobs lost. Less cars and trucks needed. It's all connected in one way or another.
But that is across the board same for the Rest of the world.
Here in the UK They talked about having an app on your phone that tells you if you are close to someone infected or that has been infected, not sure when and if it will come out.

someone on another forum was talking about banks bail in, not bail out, how would that work?
  • #62,905
  • May 9, 2020 9:22am May 9, 2020 9:22am
Quoting pips-scout
{quote} But that is across the board same for the Rest of the world. Here in the UK They talked about having an app on your phone that tells you if you are close to someone infected or that has been infected, not sure when and if it will come out. someone on another forum was talking about banks bail in, not bail out, how would that work?
yeah, that app is used in S korea etc.

Bank wise, i assume they are letting mortgage payments skip.. I dont know details..
those who can, do. those who cant, talk about those who can
  • #62,906
  • May 9, 2020 9:45am May 9, 2020 9:45am
Quoting gatorinla
20 year tl reject again this week. lower lc week,, a higher lc day.. I still look to short from higher. "thinking the missed 1037/1110". possible gap 0848+ sunday. 14.5 unemployment #s are depression #s. "The Biggest and Best Depression, nobody has ever seen".
maybe down a little.. to either 077x area or the level 080x/20 b4 further up. 4h engulfing candle looks like a drop into the 080x/20 support or test the big tl at 0770. It could go deeper but it may require some big news catalist. The easier path may be up.. the last few moves have been higher lows, and higher highs. within the range producing a neutral wedge.
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those who can, do. those who cant, talk about those who can
  • #62,907
  • May 9, 2020 10:08am May 9, 2020 10:08am
Quoting gatorinla
{quote} maybe down a little.. to either 077x area or the level 080x/20 b4 further up. 4h engulfing candle looks like a drop into the 080x/20 support or test the big tl at 0770. It could go deeper but it may require some big news catalist. The easier path may be up.. the last few moves have been higher lows, and higher highs. within the range producing a neutral wedge. {image}
Void if the bottom drops out..

If not, it may be free to travel 200 pips up.. 1037 was missed a few months back, plus its the 200 day ema atm. . The ihs if developed, may push it further up. The larger ma are pointing down toward 077x. The day ma 200 at 1.103x. So pa may be pushed to test off 1.077tl bounce. A 260 ish pip range until one breaks.

A smaller rising tl has developed on the bottom (marked LL). If unbroken, 103x looks to be wanted. Void if it breaks. LL and HH are within the most recent move. That rising upper tl could yield 1037 (marked with HH).
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those who can, do. those who cant, talk about those who can
  • #62,908
  • May 9, 2020 10:52am May 9, 2020 10:52am
Quoting gatorinla
{quote} Void if the bottom drops out.. If not, it may be free to travel 200 pips up.. 1037 was missed a few months back, plus its the 200 day ema atm. . The ihs if developed, may push it further up. The larger ma are pointing down toward 077x. The day ma 200 at 1.103x. So pa may be pushed to test off 1.077tl bounce. A 260 ish pip range until one breaks. A smaller rising tl has developed on the bottom (marked LL). If unbroken, 103x looks to be wanted. Void if it breaks. LL and HH are within the most recent move. That rising upper tl could yield 1037...
thanks... I have saved this chart in my folder... plan my trades for next week,,,
basically similar like my system... for bulls , they need to break H4 downtrend stop ( 1.0860s atm) to move up...otherwise , eu will move down again
  • #62,909
  • May 9, 2020 11:32am May 9, 2020 11:32am
Quoting Boulder
{quote} thanks... I have saved this chart in my folder... plan my trades for next week,,, basically similar like my system... for bulls , they need to break H4 downtrend stop ( 1.0860s atm) to move up...otherwise , eu will move down again
Greetings Boulder. Dont forget to post those levels for eu if you do get a chance to find them. Thanks in advance.
  • #62,910
  • May 9, 2020 11:38am May 9, 2020 11:38am
Quoting mars1
{quote} Greetings Boulder. Dont forget to post those levels for eu if you do get a chance to find them. Thanks in advance.
I wont forget.. will post early Monday morning right after weekly numbers update...
  • #62,911
  • May 9, 2020 4:16pm May 9, 2020 4:16pm
;
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  • #62,912
  • May 9, 2020 6:48pm May 9, 2020 6:48pm
Quoting KiwiTrada
{quote} eu weekly candle choice of 3 doji small body, spinning top, very nice inverted hammer, I will take hammer, but wish it was mid april to start of may ?
"welcome to May sell-off"
If you are new to Forex? Say Goodbye to your account!!
  • #62,913
  • May 9, 2020 6:51pm May 9, 2020 6:51pm
Quoting gatorinla
{quote} Void if the bottom drops out.. If not, it may be free to travel 200 pips up.. 1037 was missed a few months back, plus its the 200 day ema atm. . The ihs if developed, may push it further up. The larger ma are pointing down toward 077x. The day ma 200 at 1.103x. So pa may be pushed to test off 1.077tl bounce. A 260 ish pip range until one breaks. A smaller rising tl has developed on the bottom (marked LL). If unbroken, 103x looks to be wanted. Void if it breaks. LL and HH are within the most recent move. That rising upper tl could yield 1037...
I see my mistake.. LH on chart should be HL. Its wrong in the above post too. The visual tl is correct, its just labeled wrong.
those who can, do. those who cant, talk about those who can
  • #62,914
  • May 9, 2020 6:58pm May 9, 2020 6:58pm
Quoting Boulder
; https://www.youtube.com/watch?v=xuZA6qiJVfU
This was the better song from them..
those who can, do. those who cant, talk about those who can
  • #62,915
  • Edited 7:18pm May 9, 2020 7:02pm | Edited 7:18pm
Quoting gatorinla
{quote} Raise your hand if your ready to take the family to a sit down restaurant. Be mindful it's hard to eat, wearing a mask. If you did raise your hand, just remember, your in the minority. You alone, and others like minded. Are not enough to keep your favorite restaurant afloat. Lack of testing is keeping the majority of people home. https://www.bnnbloomberg.ca/u-s-apri...kind-1.1433668 "Employment in a number of industries plunged by the most ever. Payrolls in leisure and hospitality, which...
A record hoax.
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those who can, do. those who cant, talk about those who can
  • #62,916
  • May 9, 2020 7:19pm May 9, 2020 7:19pm
Quoting gatorinla
{quote} A record hoax. {image}
More killed in this hoax than all u.s. combat since 1955 Vietnam (65,919). At 102,435 we can include Korea (36,516 +65,919). That may be in just a few weeks. Thousands of corona deaths are the same veterans of these wars.
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those who can, do. those who cant, talk about those who can
  • #62,917
  • May 10, 2020 3:15am May 10, 2020 3:15am
Hello clan!

Looking at the charts, eu closed below weekly S1. This doesn't convince me the move up has much steam. Also no long wick rejection candle on the hourly so I surely have my doubts on the upmove. My expectation is one more leg up and then down again. At the moment my plan is to long if it can drop 10-15 pips from were it closed. And then a short from there after. I don't know exact levels as yet because I don't know where the pivots will be until open.

cheers
  • #62,918
  • May 10, 2020 3:39am May 10, 2020 3:39am
Quoting tullamulla
Hello clan! Looking at the charts, eu closed below weekly S1. This doesn't convince me the move up has much steam. Also no long wick rejection candle on the hourly so I surely have my doubts on the upmove. My expectation is one more leg up and then down again. At the moment my plan is to long if it can drop 10-15 pips from were it closed. And then a short from there after. I don't know exact levels as yet because I don't know where the pivots will be until open. cheers
agree with every word.
idk where the market will go, but any indi/trendline showing down move.
0860 is critical level- even if it will break 0872 could slap it down again to 0800-0820
  • #62,919
  • May 10, 2020 4:08am May 10, 2020 4:08am
Quoting gatenio
{quote} agree with every word. idk where the market will go, but any indi/trendline showing down move. 0860 is critical level- even if it will break 0872 could slap it down again to 0800-0820
Also the economic calendar is empty on Monday so a good opportunity for eu to get a decent upmove to short from.

Cheers
  • #62,920
  • May 10, 2020 6:40am May 10, 2020 6:40am
Quoting gatorinla
{quote} This was the better song from them..
or

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