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The Swamp

  • #68,341
  • Jun 17, 2020 7:02am Jun 17, 2020 7:02am
Quoting Maroc-Ismail
{quote} Bearish engulfing on M15. I might get my 1210.
On your own now. 1,1280 or 1,1150 Pick your number. C reaction here first new hour just got started.
  • #68,342
  • Jun 17, 2020 7:04am Jun 17, 2020 7:04am
Quoting DMA Trader
bot some GU building again after exit. will begin to hedge the EU short {image}
bot another GU
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Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #68,343
  • Jun 17, 2020 7:05am Jun 17, 2020 7:05am
Quoting Boulder
chase now .. short 1214... will add...
i want to see close of 1.12 still have SHOrt in EU core
but addiing on 5m/15m

afraid to hit the 1m shirt rally yet

so area 1.123
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #68,344
  • Jun 17, 2020 7:12am Jun 17, 2020 7:12am
EU has lots of support between inside 1200/1213
previous weekly low, dailys1, fib

i wouldn't short above it, but short higher and wait for a break down
COT: The precious data ignored
  • #68,345
  • Jun 17, 2020 7:12am Jun 17, 2020 7:12am
Quoting DMA Trader
{quote} i want to see close of 1.12 still have SHOrt in EU core but addiing on 5m/15m afraid to hit the 1m shirt rally yet so area 1.123
those ea trades.. auto add at random levels... it wont stop till I pause it.. I manually add trades at my own observation levels
  • #68,346
  • Jun 17, 2020 7:16am Jun 17, 2020 7:16am
Quoting kuroro001
EU has lots of support between inside 1200/1213 previous weekly low, dailys1, fib i wouldn't short above it, but short higher and wait for a break down
i see the same thing
also with triple witching they can do what every they want.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #68,347
  • Jun 17, 2020 7:17am Jun 17, 2020 7:17am
a little education here from ...
@priceinactio
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  • #68,348
  • Jun 17, 2020 7:22am Jun 17, 2020 7:22am
Quoting Boulder
{quote} dawn it.. I forgot to put my TP in ..1224 printed...next to print 1219 RU R1 ----------1.1294 DP PP ----------1.1281 MP R2 ----------1.1240 DP S1 ----------1.1233 RU S1 ----------1.1224 WP S1 ----------1.1219 DP S2 ----------1.1203 RU S2 ----------1.1190 WP S2 ----------1.1170 DP S3 ----------1.1156
1219 printed..next to print 1203

RU R1 ----------1.1294
DP PP ----------1.1281
MP R2 ----------1.1240
DP S1 ----------1.1233
RU S1 ----------1.1224
WP S1 ----------1.1219
DP S2 ----------1.1203
RU S2 ----------1.1190
WP S2 ----------1.1170
DP S3 ----------1.1156
  • #68,349
  • Jun 17, 2020 7:29am Jun 17, 2020 7:29am
Quoting Blackopal
{quote} Yes, and then there's this....It can't last forever. The props that are needed to hold everything up don't grow on trees. Two-thirds of Americans are receiving more money from unemployment benefits than they did from their jobs, largely because of a supplemental $600 weekly benefit that’s part of the $2.2 trillion CARES Act. But decreasing those benefits could cost the country even more jobs on top of the historic 20 million jobs that have already been wiped away by the coronavirus pandemic, Heidi Shierholz, an economist at the Economic...
We discussed 600$ here before. I'm in the corner saying this will take years. The stock markets need customers. Broke and unemployed people buy less.
those who can, do. those who cant, talk about those who can
  • #68,350
  • Jun 17, 2020 7:32am Jun 17, 2020 7:32am
Quoting DMA Trader
{quote} we do have a lot of support from landlords and banks and gov so should work but still on loss now we want grants.
Its sounds nice.. But as always the middle class will pay for it. The $ will be funneled up. The middle class is a dying breed. And they dont even see it coming.
those who can, do. those who cant, talk about those who can
  • #68,351
  • Jun 17, 2020 7:33am Jun 17, 2020 7:33am
Quoting Tekin
{quote} this is second day should i wait more or quit it {image}

dollar is flying but only jpy is fighting. there is something wrong
  • #68,352
  • Jun 17, 2020 7:35am Jun 17, 2020 7:35am
Quoting Tekin
{quote} dollar is flying but only jpy is fighting. there is something wrong
EurJpy giving up.. drag EU with it...
don't look at UsdJpy.. use EurJpy for EurUsd...
  • #68,353
  • Jun 17, 2020 7:36am Jun 17, 2020 7:36am
Quoting Blackopal
{quote} And so many people are, or were, employed in that industry. All around the world. The damage done by this pandemic in such a short term is incalculable. Not just physical health, financial, mental, family well being. It's reach is devastating
saw your message and discussion with Gator

this are lower wages. they don't buy Tesla BMW - Mercedes. or iphone
also they got unemployment benefits here about 75% from their money so they lost 25%
so can everybody live 4 months with a wage cut of 25% - for sure.

we also have lowest unemployment in years so what mental pain ? banks delayed payments here for 9 months.

With all the support i am in a better situation than before. i still have another 6 months with no payment for banks and a lot of support in the next 3 months and maybe even after.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #68,354
  • Jun 17, 2020 7:38am Jun 17, 2020 7:38am
Quoting DMA Trader
{quote} saw your message and discussion with Gator this are lower wages. they don't buy Tesla BMW - Mercedes. or iphone also they got unemployment benefits here about 75% from their money so they lost 25% so can everybody live 4 months with a wage cut of 25% - for sure. we also have lowest unemployment in years so what mental pain ? banks delayed payments here for 9 months. With all the support i am in a better situation than before. i still have another 6 months with no payment for banks and a lot of support in the next 3 months...
hope all your business turnaround for you before those time run out...
  • #68,355
  • Jun 17, 2020 7:39am Jun 17, 2020 7:39am
Quoting gatorinla
{quote} Its sounds nice.. But as always the middle class will pay for it. The $ will be funneled up. The middle class is a dying breed. And they dont even see it coming.
they will pay it right i agree
probably after election or in 2-3 years taxes go up again or deficits but not sure why the business will be bad.
let's say i am a huge business now. so FED buying my debt. what can go wrong ? i mean something could but i don't see what.

inflation somewhere along the way .. /
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #68,356
  • Jun 17, 2020 7:39am Jun 17, 2020 7:39am
Quoting Avir
{quote} changing that to 1213 for now, then to 1184
Just one more little push baby,,
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #68,357
  • Jun 17, 2020 7:39am Jun 17, 2020 7:39am
Quoting Boulder
{quote} hope all your business turnaround for you before those time run out...
hope that too
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #68,358
  • Jun 17, 2020 7:40am Jun 17, 2020 7:40am
Quoting gatorinla
{quote} We discussed 600$ here before. I'm in the corner saying this will take years. The stock markets need customers. Broke and unemployed people buy less.

Yes, current equities = irrational exuberance
  • #68,359
  • Jun 17, 2020 7:40am Jun 17, 2020 7:40am
1250 may be a sell 1253 may be R to protect it.
those who can, do. those who cant, talk about those who can
  • #68,360
  • Jun 17, 2020 7:43am Jun 17, 2020 7:43am
we will see month ending now things are looking better than expected
so in jully companies will report

economic data came in better than expected
what will happen with stocks once earnings are above estimation

i wish we get a drop since i'm most on cash sold stocks before this last leg up and want to get it back but i doubt i will have the chance
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
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