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The Swamp

  • #69,901
  • Jun 30, 2020 11:38am Jun 30, 2020 11:38am
link for Powell and Mnuchin

Inserted Video
  • #69,902
  • Edited 11:56am Jun 30, 2020 11:46am | Edited 11:56am
Quoting Boulder
{quote} how do you know? trap in longs or shorts?
Its a double negative they deviated from rates they have 2 days to fill
yesterdays rates @127 need to be paid in 2 days.. day 1 is done today...
that leaves today@209 needs to be filled you cant have both open...
They both have to be closed..and paid

Usually there is 1 deviations creates a pattern everyone knows and closes then moves on..
2 deviations means really big swing is coming

209 must be meet first to keep the 127 open for the 13 rise
  • #69,903
  • Jun 30, 2020 12:00pm Jun 30, 2020 12:00pm
Quoting q_import
{quote} Its a double negative they deviated from rates they have 2 days to fill yesterdays rates @127 need to be paid in 2 days.. day 1 is done today... that leaves today@209 needs to be filled you cant have both open... They both have to be closed..and paid Usually there is 1 deviations creates a pattern everyone knows and closes then moves on.. 2 deviations means really big swing is coming 209 must be meet first to keep the 127 open for the 13 rise
Thanks for reply.. I don't know much about rates concepts... with time I will pick up some ideas ...
  • #69,904
  • Jun 30, 2020 12:02pm Jun 30, 2020 12:02pm
Quoting Boulder
{quote} Thanks for reply.. I don't know much about rates concepts... with time I will pick up some ideas ...
You know what going to happen tomorrow Both directions a good amount of pips
  • #69,905
  • Jun 30, 2020 12:05pm Jun 30, 2020 12:05pm
Quoting q_import
{quote} You know what going to happen tomorrow Both directions a good amount of pips
ok.. thanks.. I will trade both directions
  • #69,906
  • Jun 30, 2020 12:09pm Jun 30, 2020 12:09pm
Quoting q_import
{quote} You know what going to happen tomorrow Both directions a good amount of pips
1270 first. I need to book some there. They can have 1209 or even 0000 later. I sure won't use the sell button again until that line breaks down on a daily basis. 4hr is not sufficient. Hahaha
  • #69,907
  • Jun 30, 2020 12:39pm Jun 30, 2020 12:39pm
Quoting Mitiblotch
{quote} 1270 first. I need to book some there. They can have 1209 or even 0000 later. I sure won't use the sell button again until that line breaks down on a daily basis. 4hr is not sufficient. Hahaha
Possible Multi day H&S with straight rise to finish off 127 and possibly 13x
  • #69,908
  • Jun 30, 2020 1:05pm Jun 30, 2020 1:05pm
Quoting Boulder
EU short some here 1243
short cash out 1233 +10
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  • #69,909
  • Jun 30, 2020 2:17pm Jun 30, 2020 2:17pm
Quoting q_import
{quote} Possible Multi day H&S with straight rise to finish off 127 and possibly 13x
I see a possible inverse HS building on the 1hr chart. Right shoulder may build around 1217 again and go up. Just watching.
  • #69,910
  • Edited 2:50pm Jun 30, 2020 2:27pm | Edited 2:50pm
Quoting gatorinla
possible Long 1225/1190
a day close below 1208 may be bad for the long.

Quoting gatorinla
1245 would still be positive.. week still can 1348,, but its still months end.. 1367+ or -1208..
+1208 close leaves room for bulls. Day run 1261 area. Week indicated a test of 1348ish. Month closed higher a run near 1421 or more likely this month. A run up may gain more buyers and less sellers. Where she should peek and fall.

I said a day close below 1208 may be bad because, its the higher NY close. The candle once above 1208 and unable to close may bring in some larger players. It may be enough to erase the day. I would like to sell higher. I think we are near now and need a catalyst to trigger it. Even if later it returns to these others to dt. NY close above 1208 makes the run up more likely.
those who can, do. those who cant, talk about those who can
  • #69,911
  • Jun 30, 2020 2:55pm Jun 30, 2020 2:55pm
politics 101: when the story is true, attack the leakers.
those who can, do. those who cant, talk about those who can
  • #69,912
  • Jun 30, 2020 3:01pm Jun 30, 2020 3:01pm
Quoting Mitiblotch
{quote} I see a possible inverse HS building on the 1hr chart. Right shoulder may build around 1217 again and go up. Just watching.
you see it too good
I have limit buy @ 1209
  • #69,913
  • Edited 6:36pm Jun 30, 2020 3:47pm | Edited 6:36pm
Gbpjpy but looks to me to go higher

Also EDIT: long audjpy 7455 for 7530 tp
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  • #69,914
  • Jun 30, 2020 6:54pm Jun 30, 2020 6:54pm
I’ve been long since this morning, but after watching the PA today after the spike & selloff (short side accumulation), and watching equities pulling all other pairs as someone sold E/U to accumulate/hold down price I’m doubtful of it’s ability to ascend.

I’m also questioning who used the stop hunt to selloff equities today as they oversold the breakout/stop run (liquidity) which looks like a big short side accumulation today.

Any thoughts?
  • #69,915
  • Jun 30, 2020 7:20pm Jun 30, 2020 7:20pm
Quoting mmccormac
I’ve been long since this morning, but after watching the PA today after the spike & selloff (short side accumulation), and watching equities pulling all other pairs as someone sold E/U to accumulate/hold down price I’m doubtful of it’s ability to ascend. I’m also questioning who used the stop hunt to selloff equities today as they oversold the breakout/stop run (liquidity) which looks like a big short side accumulation today. Any thoughts?
I dont think we will get an exact pinpoint entry. I'm placing small shorts on rises. Tech wise the lc day, week, and month are signalling rise. All highs are bullish in the moment. It needs to be backed up with action.

Yesterday lc should have reached 128x.. it missed. Later it retraced to make a low below the previous day. I think its close to turning. Timing is hard to do. Small positions adding may be best.
those who can, do. those who cant, talk about those who can
  • #69,916
  • Jun 30, 2020 7:27pm Jun 30, 2020 7:27pm
Quoting gatorinla
{quote} I dont think we will get an exact pinpoint entry. I'm placing small shorts on rises. Tech wise the lc day, week, and month are signalling rise. All highs are bullish in the moment. It needs to be backed up with action. Yesterday lc should have reached 128x.. it missed. Later it retraced to make a low below the previous day. I think its close to turning. Timing is hard to do. Small positions adding may be best.
Yeah, that’s why it’s strange... Technically, I would be long but I hated that PA today for a long after the run up. NFP though so anything possible if we get unexpected, but with the forecast on adp tomorrow it makes me believe it will fall short.
  • #69,917
  • Jun 30, 2020 7:44pm Jun 30, 2020 7:44pm
Quoting mmccormac
{quote} Yeah, that’s why it’s strange... Technically, I would be long but I hated that PA today for a long after the run up. NFP though so anything possible if we get unexpected, but with the forecast on adp tomorrow it makes me believe it will fall short.
Yeah, the makers are waiting for all of us close shorts, and be long.
those who can, do. those who cant, talk about those who can
  • #69,918
  • Jun 30, 2020 8:21pm Jun 30, 2020 8:21pm
US had 46000 corona virus cases today..a new record..but still markets near all time high..aud up like mad

Markets are in risk on mode..it's so in sane market...
  • #69,919
  • Jun 30, 2020 8:39pm Jun 30, 2020 8:39pm
Quoting euroboy2208
US had 46000 corona virus cases today..a new record..but still markets near all time high..aud up like mad Markets are in risk on mode..it's so in sane market...
U.S. cases estimated to go up to 100K per day. Atm Texas has 7k pd. Texas is already having problems. I have a niece, a nurse in Houston. She said the docs and nurses are overwhelmed already. 100k pd U.S. cases is about 10K pd in Texas.
those who can, do. those who cant, talk about those who can
  • #69,920
  • Jun 30, 2020 8:54pm Jun 30, 2020 8:54pm
Quoting euroboy2208
US had 46000 corona virus cases today..a new record..but still markets near all time high..aud up like mad Markets are in risk on mode..it's so in sane market...
A.U. just got a little tap om the head. Pinbar on 30 Min. I've sold at 69.09. AJ is bumping it's head on weekly trend line (excluding false break in May) going back to Jan 2018. I've shorted 74.55 & 57. Hong Kong could be a cause of rising tension too.
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