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The Swamp

  • #65,401
  • May 27, 2020 11:10am May 27, 2020 11:10am
Last today, short 0980, will probably not TP anymore today...
Off to bed, good night!
Peace is more valuable than success.
LifeDrifts v1 [automated] All Time Return: -0.1%
  • #65,402
  • May 27, 2020 11:13am May 27, 2020 11:13am
staring again.

980 is important once broken i will not add only on prices above 1.1
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Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #65,403
  • May 27, 2020 11:19am May 27, 2020 11:19am
Quoting gellowmellow
DX looks bearish... that tail today on that blue rectangle concerns me previous weeks, today is a warning. No regrets closing my old shorts yesterday with loss, today almost recover most of it. yey. {image}
I'm seeing it another way. 99.03/98.72 area looks to raise usdx (or any time now). And force eu down. USDX hit daily range today. I think the usdx high area (9933) will be retested. 99.4x may even be tested. A test of usdx 99.03 may aline with a test of eu 0993.

Shorts look better to me today, than they did since last week. NY close could add or detract from view.
those who can, do. those who cant, talk about those who can
  • #65,404
  • May 27, 2020 11:36am May 27, 2020 11:36am
I don't think we will be going very far on AU for now. If it spikes upside i will close my remaining position.

Actually here we go.. be +10

Bias is still more down for now
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  • #65,405
  • May 27, 2020 12:13pm May 27, 2020 12:13pm
Quoting keongzai94
EU sell pending at 1.1056 if it gets there. Bearish divergence slowly forming at H1. GU long from 1.2288 SL at +6 TP at 1.24. If H4 can close above 1.2335, its a win for me.
Just checked and GU buy stopped +6 and it went down hard. I need to learn to take profit whenever price is at some significant level. EU sell still pending at 1.1056, not sure will it ever reach that high.
  • #65,406
  • May 27, 2020 1:03pm May 27, 2020 1:03pm
Quoting gatorinla
{quote} I'm seeing it another way. 99.03/98.72 area looks to raise usdx (or any time now). And force eu down. USDX hit daily range today. I think the usdx high area (9933) will be retested. 99.4x may even be tested. A test of usdx 99.03 may aline with a test of eu 0993. Shorts look better to me today, than they did since last week. NY close could add or detract from view.
its getting close on usdx and eu atm..
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those who can, do. those who cant, talk about those who can
  • #65,407
  • Edited 1:22pm May 27, 2020 1:11pm | Edited 1:22pm
Quoting gatorinla
{quote} eu lc lower.. 0933 may be tested in the next 24 h's. . maybe wait for 0993/1030....usdx closed higher in agreement with eu's lower close. It's not looking good for eu longs atm. Retrace may be smaller than usual before drop (0997 is harder to reach). Warning! Ej closed opposite/higher of what eu indicated. After 0933 is reached, it may not retrace.The 200 test may have been it for bulls. (boulders 4h says opposite, but even using it. It can retrace a bunch)
ej wise tp near today's high or more. Both eu and ej scenarios are possible at opposite times.

edit 0997, change to 0993.. 0992.x on some platforms.
those who can, do. those who cant, talk about those who can
  • #65,408
  • May 27, 2020 1:37pm May 27, 2020 1:37pm
Quoting gatorinla
{quote} its getting close on usdx and eu atm.. {image}
Thanks Gator for your valuable input. Point noted
  • #65,409
  • May 27, 2020 1:43pm May 27, 2020 1:43pm
Quoting Mitiblotch
Carefully watching gold like a hawk. {image}
Produced the bounce as I suspected. bought that low area. Already out with my profit.
  • #65,410
  • May 27, 2020 1:50pm May 27, 2020 1:50pm
Trump threatens to shut down Twitter. Wow an addict threatens to shut down his drug dealer. Where will he get his fix?

Cliff notes: Corona hits 100k dead and some distraction is needed. Twitter puts up a fact check on the lies. Trump hates his lies exposed on each tweet irt.
those who can, do. those who cant, talk about those who can
  • #65,411
  • May 27, 2020 2:45pm May 27, 2020 2:45pm
Quoting Boulder
EUrJPy long here 118.32
EJ TP out 118.47 +15
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  • #65,412
  • May 27, 2020 3:17pm May 27, 2020 3:17pm
This rise makes me believe N.Y. bought this. It is then almost guaranteed that 1030 will be broken tomorrow.
  • #65,413
  • May 27, 2020 3:36pm May 27, 2020 3:36pm
Quoting gatorinla
{quote} Our moron leader is so worried about the election. He will do something to take the news off the 100k dead. China has been his focus. He will end up screwing up something. China knows he is weak and will sink the stock markets to get rid of the fool. Aud tested its 200 day... Maybe a perfect storm is coming.
.6622 area may be a aud possible short..6622/6679.. .6612 is not only textbook, its also 200 (.6623) ema day.. possible place for large short trade with a very tight stop. tp target 6566 area or less. But since usd looks rise.. tp may be cut some. China news may allow more pips off 200. It could turn to trend some.
those who can, do. those who cant, talk about those who can
  • #65,414
  • May 27, 2020 3:44pm May 27, 2020 3:44pm
Quoting gatorinla
{quote} .6622 area may be a aud possible short..6622/6679
Again the dow jump in the second half of NY session and last minutes of trading showed some panic in the market to buy more stocks. I dont see AUD really falling down any time soon.. The buying tonight of aud will just go on again it seems

Loved Fauchi speak that corona vaccine is coming within a few months. My view is that the man is very experienced, why i cant believe it was his personal view. Of course it boost the market so...
  • #65,415
  • May 27, 2020 4:19pm May 27, 2020 4:19pm
Quoting PxtzP
Going to take that as my trigger for the day
Being short is a sin in this market. Don't fight the FED
  • #65,416
  • May 27, 2020 4:55pm May 27, 2020 4:55pm
Quoting euroboy2208
{quote} Being short is a sin in this market. Don't fight the FED
U know its not the FED that makes it go up its what people ”think” the fed is doing. If it worked do u think we would have dropped the way we did? Panic selling and all but there is also panic buying none is a sign of a healthy market thats back to normal. Dont fight the fed is a lazy wall street excuse for panic buying. What comes out of the feds mouth has a bigger impact on markets then their ”tools” u wouldnt see powell on 60 minutes if they didnt know this themselves.
  • #65,417
  • May 27, 2020 5:41pm May 27, 2020 5:41pm
Quoting krst8
{quote} Again the dow jump in the second half of NY session and last minutes of trading showed some panic in the market to buy more stocks. I dont see AUD really falling down any time soon.. The buying tonight of aud will just go on again it seems Loved Fauchi speak that corona vaccine is coming within a few months. My view is that the man is very experienced, why i cant believe it was his personal view. Of course it boost the market so...
its bouncing for sure.. first real test soon. We will see what the makers think about the Dow.
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those who can, do. those who cant, talk about those who can
  • #65,418
  • May 27, 2020 5:43pm May 27, 2020 5:43pm
Quoting PxtzP
{quote} U know its not the FED that makes it go up its what people ”think” the fed is doing. If it worked do u think we would have dropped the way we did? Panic selling and all but there is also panic buying none is a sign of a healthy market thats back to normal. Dont fight the fed is a lazy wall street excuse for panic buying. What comes out of the feds mouth has a bigger impact on markets then their ”tools” u wouldnt see powell on 60 minutes if they didnt know this themselves.
Yeah agree..am so shocked by this equity rally.there is record unemployment negative growth ..still stocks are pumping like crazy near ATH...market dips are brought so instantly..this FOMO rally is insane..
  • #65,419
  • May 27, 2020 5:58pm May 27, 2020 5:58pm
Quoting euroboy2208
{quote} Yeah agree..am so shocked by this equity rally.there is record unemployment negative growth ..still stocks are pumping like crazy near ATH...market dips are brought so instantly..this FOMO rally is insane..
dont forget it was already overvalued before covid
  • #65,420
  • May 27, 2020 6:05pm May 27, 2020 6:05pm
Quoting PxtzP
{quote} dont forget it was already overvalued before covid
Market is ignoring all bad news..2019 rally was on hope of trade deal

2020 rally is on on hopes for vaccine..market is running like mad on hopes .. unbelievable
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