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The Swamp

  • #66,661
  • Jun 5, 2020 7:32am Jun 5, 2020 7:32am
Quoting Techanalyst
Sell EURUSD @ 1.1298. {image}
your selling into support.. let it close below 1284 and 1278,,
those who can, do. those who cant, talk about those who can
  • #66,662
  • Jun 5, 2020 7:32am Jun 5, 2020 7:32am
Quoting gatorinla
moron alert on the tube.
who who who ?:-)
  • #66,663
  • Jun 5, 2020 7:38am Jun 5, 2020 7:38am
Quoting gatorinla
{quote} your selling into support.. let it close below 1284 and 1278,,
No I am good.
  • #66,664
  • Jun 5, 2020 7:40am Jun 5, 2020 7:40am
Quoting krst8
{quote} who who who ?:-)
go to his profile> search post> key word >moron
A good trader follows his rules, but great trader knows when to break them
  • #66,665
  • Jun 5, 2020 7:42am Jun 5, 2020 7:42am
i feel slightly dumber everytime i hear him speak
  • #66,666
  • Jun 5, 2020 7:47am Jun 5, 2020 7:47am
Here is NFP range. Any bar closes below or above it, it will give a hint on the direction. So far I'm out..
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  • #66,667
  • Jun 5, 2020 7:50am Jun 5, 2020 7:50am
watching if DXY can break this short term TL to the downside
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  • #66,668
  • Jun 5, 2020 7:55am Jun 5, 2020 7:55am
added 1318
  • #66,669
  • Jun 5, 2020 7:58am Jun 5, 2020 7:58am
Quoting neuron
i feel slightly dumber everytime i hear him speak
u should feel like a genius
those who can, do. those who cant, talk about those who can
  • #66,670
  • Jun 5, 2020 7:59am Jun 5, 2020 7:59am
Quoting Techanalyst
{quote} No I am good.
ok
those who can, do. those who cant, talk about those who can
  • #66,671
  • Jun 5, 2020 8:03am Jun 5, 2020 8:03am
Quoting gatorinla
{quote} u should feel like a genius
a very stable genius
  • #66,672
  • Jun 5, 2020 8:08am Jun 5, 2020 8:08am
Quoting gatorinla
{quote} need to keep the records.. Normally 1284 was a buy for me with a stop below 1277. I passed.. From -8 million estimated to +2 million I dont believe. A 10 million difference, wtf? But I will take what the market gives.
I think I figured it out.. The stimulus loans requires business to hire back employees, or pay back the money. So they can lay them off. After the required period, if not needed. The numbers are based on government welfare. That dont last forever. Some distortion in the numbers.
those who can, do. those who cant, talk about those who can
  • #66,673
  • Jun 5, 2020 8:12am Jun 5, 2020 8:12am
Quoting neuron
{quote} a very stable genius
time for my Clorox enema BRB
those who can, do. those who cant, talk about those who can
  • #66,674
  • Jun 5, 2020 8:14am Jun 5, 2020 8:14am
Quoting gatorinla
{quote} time for my Clorox enema BRB
don't forget the UV therapy, staring directly into the sun works

moving SL to BE on longs, waiting for direction, hopefully >1.32
  • #66,675
  • Jun 5, 2020 8:16am Jun 5, 2020 8:16am
Quoting gatorinla
{quote} I think I figured it out.. The stimulus loans requires business to hire back employees, or pay back the money. So they can lay them off. After the required period, if not needed. The numbers are based on government welfare. That dont last forever. Some distortion in the numbers.
From the BLS report, https://www.bls.gov/news.release/arc...t_06052020.htm


"However, there was also a large number of workers who were classified as employed but absent from work. As was the case in March and April, household survey interviewers were instructed to classify employed persons absent from work due to coronavirus- related business closures as unemployed on temporary layoff. However, it is apparent that not all such workers were so classified. BLS and the Census Bureau are investigating why this misclassification error continues to occur and are taking additional steps to address the issue. "

Perhaps a revision at a later time?
  • #66,676
  • Jun 5, 2020 8:17am Jun 5, 2020 8:17am
Quoting Boulder
added 1318
out 1308 +10
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  • #66,677
  • Jun 5, 2020 8:31am Jun 5, 2020 8:31am
back in 1313
  • #66,678
  • Jun 5, 2020 8:32am Jun 5, 2020 8:32am
Quoting Boulder
back in 1313
Looks like you have a good scalping strategy going on.
Learn from your mistakes and march on.
  • #66,679
  • Jun 5, 2020 8:33am Jun 5, 2020 8:33am
lc day was lower.. (lc week was higher) now a close below 1286 and 1280 is needed. to attack 1241. Adr is already spent.

If it goes back to close below 1241 NY today. it will likely come back next week, to this weeks high (1383 area) to retest. When I say area, it may be more (new high), or it may be less.
those who can, do. those who cant, talk about those who can
  • #66,680
  • Jun 5, 2020 8:34am Jun 5, 2020 8:34am
Quoting here2there
{quote} Looks like you have a good scalping strategy going on.
once trend confirms.. I may put on some aggressive trades... my entries are sometimes sloppy...
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