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The Swamp

  • #66,301
  • Jun 3, 2020 7:28am Jun 3, 2020 7:28am
Quoting Boulder
{quote} M30 @1189 now...
she showed it. lol.

30 pips on the board.
pa confusing.
  • #66,302
  • Jun 3, 2020 7:34am Jun 3, 2020 7:34am
Quoting Maroc-Ismail
I got two buy limits. I will cancel them if 1,1237 is hit earlier. 1,1184 SL: 15 pips. 1,1161 (DPP) SL: 11 pips. Target for both as you can see is 1,1237. My pending sell orders are 1,1237 and 1,1245. I might as well enter early on todays high. SL for all sell orders = 1,1255 Play it as you want, let me remind you that 161% is almost reached.
Closed buy early +25. Cancelled the other. Sell limits still active.
  • #66,303
  • Jun 3, 2020 7:35am Jun 3, 2020 7:35am
Bulls very strong, still waiting for a good retrace, either today or most likely during ECB
COT: The precious data ignored
  • #66,304
  • Jun 3, 2020 7:40am Jun 3, 2020 7:40am
Quoting gatenio
{quote} she showed it. lol. 30 pips on the board. pa confusing.
not good enough... need surrender...
  • #66,305
  • Jun 3, 2020 7:43am Jun 3, 2020 7:43am
Rejection at 1210 is a sign that sellers are starting to come in.

If price closes below 1200 in this hour I'm sure more sellers will start coming in.

The bull spike happened because of adp. But if positive news can't send the pair higher, bears won this.
  • #66,306
  • Jun 3, 2020 7:45am Jun 3, 2020 7:45am
Dealers buying USD, lets see if they keep buying it

Attached Image
COT: The precious data ignored
  • #66,307
  • Jun 3, 2020 7:45am Jun 3, 2020 7:45am
Quoting gatorinla
{quote} yeah that is why I tracked ej R. 122.01 may reject along with eu 122x
just notice,,EJ hit weekly stop 122.05 early//
Attached Image
  • #66,308
  • Jun 3, 2020 7:47am Jun 3, 2020 7:47am
Quoting kuroro001
Dealers buying USD, lets see if they keep buying it {image}
kuroro, just wanna ask, how updated are those charts that you post?
are they recent to the hour or daily or?
  • #66,309
  • Jun 3, 2020 7:49am Jun 3, 2020 7:49am
Quoting kuroro001
Dealers buying USD, lets see if they keep buying it {image}
noticed yesterday from swiss, they started to buy dollar...
Attached Image
  • #66,310
  • Jun 3, 2020 7:50am Jun 3, 2020 7:50am
Quoting thelws
{quote} kuroro, just wanna ask, how updated are those charts that you post? are they recent to the hour or daily or?

They come from the COT report, so they are updated every friday evening

They are weekly datas
COT: The precious data ignored
  • #66,311
  • Jun 3, 2020 7:52am Jun 3, 2020 7:52am
Quoting Boulder
{quote} noticed yesterday from swiss, they started to buy dollar... {image}
Yes, either that, or SNB intervening a lot because while EURO rises, USDCHF is not falling much

I should have bought it instead of selling this stupid EURO
COT: The precious data ignored
  • #66,312
  • Jun 3, 2020 7:56am Jun 3, 2020 7:56am
Quoting kuroro001
{quote} Yes, either that, or SNB intervening a lot because while EURO rises, USDCHF is not falling much I should have bought it instead of selling this stupid EURO
lol.. maybe they did.. I can see EurChf had very good run lately
  • #66,313
  • Jun 3, 2020 8:00am Jun 3, 2020 8:00am
Sellers came in again at 1197.
1183 first support.
1160 next.
  • #66,314
  • Jun 3, 2020 8:01am Jun 3, 2020 8:01am
Quoting kuroro001
{quote} They come from the COT report, so they are updated every friday evening They are weekly datas
bottom line, and you wont agree with me kuroro001, the COT/CFTC there is no difference between this and economic news.
the affect if there is any affect is long term bias

just supply and demand zone.
  • #66,315
  • Jun 3, 2020 8:04am Jun 3, 2020 8:04am
Quoting gatenio
{quote} bottom line, and you wont agree with me kuroro001, the COT/CFTC there is no difference between this and economic news. the affect if there is any affect is long term bias
Yes mate i can't agree because :

Economic news = fundamental
COT = market sentiment

To me they are 2 different things

But both are long term like you said i agree
COT: The precious data ignored
  • #66,316
  • Jun 3, 2020 8:08am Jun 3, 2020 8:08am
Quoting thelws
Sellers came in again at 1197. 1183 1187 first support. 1160 next.
Break below 1187 and bears win today.
  • #66,317
  • Jun 3, 2020 8:08am Jun 3, 2020 8:08am
Quoting Boulder
{quote} noticed yesterday from swiss, they started to buy dollar... {image}
The fact that Swissy refused to fall while EU spiked all these days meant to me that one of the pairs was "lying". We will find out. Meanwhile too many people to see today. First trade on EU today is a short few minutes ago.
  • #66,318
  • Jun 3, 2020 8:11am Jun 3, 2020 8:11am
Bears should try to take out 1,1187 on M15 first. Then we can switch to H1 and see if that trendline roughly around 1,1168 can hold. If 1,1168 is taken on M15 and H1, that means no more buying.

So if someone still wants to buy, between 1,1166 and 1,1187 is the best spot. I still want that 1,1240 to sell, but that spot is so obvious, that it may not even get there.
  • #66,319
  • Jun 3, 2020 8:12am Jun 3, 2020 8:12am
Quoting thelws
{quote} Break below 1187 and bears win today.
Sorry, I saw your number after I posted. Wasn't copying or something. Glad we think the same.
  • #66,320
  • Jun 3, 2020 8:12am Jun 3, 2020 8:12am
Quoting kuroro001
{quote} Yes mate i can't agree because : Economic news = fundamental COT = market sentiment To me they are 2 different things But both are long term like you said i agree
How can you make a decision based on a weekly report that shows a market sentiment that changes every week but is long term bias.
i look at the chart that you published euro price vs usd dealers, it not make sense when you look on eu chart.

I'm really curious, not just asking
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