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The Swamp

  • #65,441
  • May 27, 2020 9:29pm May 27, 2020 9:29pm
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.
Hi Gator, I think we will have more legs, up for DX and down for EU.
But this DX is diving deeper and losing all lifelines below, 98.3 is the low of last March.
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EU wise, this thing might be collecting SLs above this 1.10+ area.
1060+ is 50.0 fib of March fall and there is a strong kumo here, if broken out 1130 might be easy on same day...
Peace is more valuable than success.
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  • #65,442
  • May 27, 2020 10:13pm May 27, 2020 10:13pm
Quoting gatorinla
{quote} the same story on the 30 min.. {image}
same story 1h
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those who can, do. those who cant, talk about those who can
  • #65,443
  • May 27, 2020 10:15pm May 27, 2020 10:15pm
Quoting gellowmellow
{quote} Hi Gator, I think we will have more legs, up for DX and down for EU. But this DX is diving deeper and losing all lifelines below, 98.3 is the low of last March. {image} EU wise, this thing might be collecting SLs above this 1.10+ area. 1060+ is 50.0 fib of March fall and there is a strong kumo here, if broken out 1130 might be easy on same day...
i favor a dive.. but it may be less than 0933 now... from there, up is ok.. I think its bullish.. It can retrace and still be bullish..

The problem now is the hh created a wedge.. 0933 is below, so the wedge may stop the drop to 0933.. if it breaks wedge.. is another story.. I may be posting 0884 or less if that happend.
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those who can, do. those who cant, talk about those who can
  • #65,444
  • May 27, 2020 10:43pm May 27, 2020 10:43pm
Didn't notice this wedge, helpful, will monitor on my chart.
Peace is more valuable than success.
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  • #65,445
  • May 27, 2020 10:44pm May 27, 2020 10:44pm
Quoting gellowmellow
{quote}last short here 0920+, next will be 1060

TP out +10.
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Peace is more valuable than success.
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  • #65,446
  • May 28, 2020 12:03am May 28, 2020 12:03am
Long UC 3775, it might fall 100 more pips tho, lol.
Peace is more valuable than success.
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  • #65,447
  • May 28, 2020 12:32am May 28, 2020 12:32am
Quoting euroboy2208
This asian session has become real crazy these days.. Equities are pumped hard in Asia time zone..cash markets comes and sells it..same pattern every day and before market close buy again I have a feeling equities will fall real hard from tomorrow.

The AUD stock market ASX have phenomenal results so far this year, we not only have since long a new high for the year, we are going for a new all time high as it is reaching for the 2019 high from august... Who thought that a total collapse of the worlds economy and unemployment would lead to a new high in the ASX?

This is “awesome”, if we can add some negative rates to the mix now, and China putting tarrifs across the board, could this high would be the highest ever created? I mean it is pretty hard to go worse in the future than q2 of 2020 has been.
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  • #65,448
  • May 28, 2020 1:29am May 28, 2020 1:29am
Quoting orangekoala
Long 07932, possible inverted head and shoulders on 4h
Out here, 1030 looks sturdy.
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  • #65,449
  • May 28, 2020 1:51am May 28, 2020 1:51am
morning had some sells on EU from lower levels to my position.
will put picture later. some rsi div on 1h - 4h .. Resistance 1.103 ... i would be very careful today or tomorrow for month ending.
on all assets ... so not adding to much risk until Monday. unless we get so big moves.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #65,450
  • May 28, 2020 2:00am May 28, 2020 2:00am
Take out the high then fall?
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  • #65,451
  • Edited 2:28am May 28, 2020 2:06am | Edited 2:28am
Quoting DMA Trader
morning had some sells on EU from lower levels to my position. will put picture later. some rsi div on 1h - 4h .. Resistance 1.103 ... i would be very careful today or tomorrow for month ending. on all assets ... so not adding to much risk until Monday. unless we get so big moves.
LC lower, Retest of RU R1 Done, Lets see London Drop
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A good trader follows his rules, but great trader knows when to break them
  • #65,452
  • May 28, 2020 2:30am May 28, 2020 2:30am
Attached Image
  • #65,453
  • May 28, 2020 2:38am May 28, 2020 2:38am
Quoting ill_be_back
{quote} LC lower, Retest of RU R1 Done, Lets see London Drop {image}


i want to see close 1h below 1.1
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #65,454
  • May 28, 2020 2:40am May 28, 2020 2:40am
Quoting ill_be_back
{quote} LC lower, Retest of RU R1 Done, Lets see London Drop {image}
You got a better price than me

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Focus.
  • #65,455
  • May 28, 2020 3:24am May 28, 2020 3:24am
Quoting DMA Trader
morning had some sells on EU from lower levels to my position. will put picture later. some rsi div on 1h - 4h .. Resistance 1.103 ... i would be very careful today or tomorrow for month ending. on all assets ... so not adding to much risk until Monday. unless we get so big moves.
so first was 976 then another 2 too bad i didn't add at 1.103
so right now if i close it's like +- 2p

1H close decent for bears. have my tp for all position at 980 if we break that level we go down. harder.
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Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #65,456
  • May 28, 2020 3:25am May 28, 2020 3:25am
Quoting DMA Trader
{quote} so first was 976 then another 2 too bad i didn't add at 1.103 so right now if i close it's like +- 2p 1H close decent for bears. have my tp for all position at 980 if we break that level we go down. harder. {image} {image}
Lower tfs already flipped for EU and DX, good luck! I’ll join later. Sleepy...
Peace is more valuable than success.
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  • #65,457
  • May 28, 2020 3:28am May 28, 2020 3:28am
Quoting ill_be_back
{quote} LC lower, Retest of RU R1 Done, Lets see London Drop {image}
that’s a good Entry...
  • #65,458
  • May 28, 2020 3:28am May 28, 2020 3:28am
Quoting Lest
{image}
triggered
Attached Image
  • #65,459
  • May 28, 2020 3:29am May 28, 2020 3:29am
Quoting DMA Trader
{quote} so first was 976 then another 2 too bad i didn't add at 1.103 so right now if i close it's like +- 2p 1H close decent for bears. have my tp for all position at 980 if we break that level we go down. harder. {image} {image}
GU still long with a small position left
EU will close and see then - i don;t like PA so getting on my 980 tp will just keep me out a few hours. but i think we go down
AUD still short.

month end could be wild also opex tomorrow for stocks.

i find it strange with all the China headlines risk still on - as a feeling i would say it has to do with opex and month end, but if on Monday we continue to push up to new highs something is really strange - maybe another wave of vaccines or economy is really picking up
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #65,460
  • May 28, 2020 3:43am May 28, 2020 3:43am
Quoting Lest
{quote} triggered {image}
SL set on BE
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