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The Swamp

  • #70,721
  • Jul 8, 2020 6:05pm Jul 8, 2020 6:05pm
Quoting MrBullBear
{quote} I remember the protest rally in texas opposing lockdown, social distancing and wearing of face mask. I wonder what they stand now.
thought the same, and am now eating crow for my opinions. New York had the same rallies, etc, yet the numbers aren't skyrocketting. It seems to be more tied to those states that did not lock down like New York did.
Don't compare your trades to others. Most often the masses are the asses
  • #70,722
  • Jul 8, 2020 6:27pm Jul 8, 2020 6:27pm
Quoting OBsayMkMoney
{quote} thought the same, and am now eating crow for my opinions. New York had the same rallies, etc, yet the numbers aren't skyrocketting. It seems to be more tied to those states that did not lock down like New York did.
The WH is playing Russian roulette with others lives. Not only that, look at the cost thus far. The deficit may rise 50% over corona. Mostly because lack of early action. And later doubling down on stupidity.
those who can, do. those who cant, talk about those who can
  • #70,723
  • Jul 8, 2020 6:39pm Jul 8, 2020 6:39pm
SC ruling tomorrow, may produce many deflection tweets. Markets may get crazy.
those who can, do. those who cant, talk about those who can
  • #70,724
  • Jul 8, 2020 7:09pm Jul 8, 2020 7:09pm
Quoting gatorinla
{quote} The WH is playing Russian roulette with others lives. Not only that, look at the cost thus far. The deficit may rise 50% over corona. Mostly because lack of early action. And later doubling down on stupidity.
And to think of massive funds needed for those who will file unemployment coz some businesses big and small are announcing bankruptcy if government can't provide finacial aid and the domino effect. Federal reserves can only give much. Meanwhile, smart china are smiling jingeling their pockets ready to lend... at what cost? China win for sure.. Typical story od the Master and the slave.
Only an idiot knows with certainty to where the market is going.
  • #70,725
  • Jul 8, 2020 7:15pm Jul 8, 2020 7:15pm
Quoting gatorinla
SC ruling tomorrow, may produce many deflection tweets. Markets may get crazy.
preliminary option expry info...

1.1290-1.1300 850M and 1.1375-85 1.1BLN are today's close strikes
  • #70,726
  • Jul 8, 2020 7:18pm Jul 8, 2020 7:18pm
Quoting Boulder
{quote} preliminary option expry info... 1.1290-1.1300 850M and 1.1375-85 1.1BLN are today's close strikes
1375/85 looks doable..
those who can, do. those who cant, talk about those who can
  • #70,727
  • Jul 8, 2020 7:53pm Jul 8, 2020 7:53pm
Good morning, I'm watch and wait mode for today.

I see we have new high 1352 and H4 close 133x.
1352 is just 10 pips short to complete WPP + last week range (small range last week).

The last time PA complete WPP + previous week's range was 1st week of June + the 2 weeks before that.
On all of these weeks, PA overshoots at least 30 pips more after reaching the range.

If we get 1362 today, 1.1400 might be reachable.
Will load shorts there or near, or if downside, wait the kumo to trap the PA.

H4 bouncing atm on the big H4 TL.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 67 KB
Peace is more valuable than success.
LifeDrifts v1 [automated] All Time Return: -0.1%
  • #70,728
  • Jul 8, 2020 8:14pm Jul 8, 2020 8:14pm
Quoting MrBullBear
{quote} And to think of massive funds needed for those who will file unemployment coz some businesses big and small are announcing bankruptcy if government can't provide finacial aid and the domino effect. Federal reserves can only give much. Meanwhile, smart china are smiling jingeling their pockets ready to lend... at what cost? China win for sure.. Typical story od the Master and the slave.
Even so every good tree bringeth forth good fruit; but a corrupt tree bringeth forth evil fruit.
A wolf in sheep's clothing and all that.
those who can, do. those who cant, talk about those who can
  • #70,729
  • Jul 8, 2020 8:57pm Jul 8, 2020 8:57pm
Im not trading today.. The drop is setting up ..
  • #70,730
  • Jul 8, 2020 8:58pm Jul 8, 2020 8:58pm
Quoting q_import
Im not trading today.. The drop is setting up ..
on the other hand, I'm fully loaded on eu longs.
Just adjusting stops higher at this point.
I'm optimistically hoping it reaches 1400 before retracing.
  • #70,731
  • Jul 8, 2020 9:07pm Jul 8, 2020 9:07pm
What a spike in eu..any news
  • #70,732
  • Jul 8, 2020 9:08pm Jul 8, 2020 9:08pm
Quoting euroboy2208
What a spike in eu..any news
no news. But I'm half suspecting insiders already know the results of the EU meeting. Hence the move. And when news actually hits the wire, they will offload their positions.

my crystal ball says that eu group will agree to corona fund stimulus.
  • #70,733
  • Jul 8, 2020 9:10pm Jul 8, 2020 9:10pm
Quoting gatorinla
lc is higher.. 1342 area may get some more attention. Bears want NY closed below 1321.9. Candle wise, the 30 min has 1342.3 as the top (waiting to see if 1h agrees). Void if breeches, revert back to closes. Bulls need a 1h close above 1345.7 Oanda platform.
Bulls got 1h too now.. R should be tested..
those who can, do. those who cant, talk about those who can
  • #70,734
  • Jul 8, 2020 9:14pm Jul 8, 2020 9:14pm
Quoting euroboy2208
What a spike in eu..any news
yeah, London closed higher earlier. after that NY closed higher on a b/o day close. Asia saw this, and pushed the lc 12h higher. Day should test 1371... and if those options are right, 1375/85 or more. May day stops at 1346,, atm pa is a little extended. Thursday only.
those who can, do. those who cant, talk about those who can
  • #70,735
  • Jul 8, 2020 9:14pm Jul 8, 2020 9:14pm
Quoting thelws
{quote} on the other hand, I'm fully loaded on eu longs. Just adjusting stops higher at this point. I'm optimistically hoping it reaches 1400 before retracing.
We will get 1450 before the week is finished then sideways and drop back down by the 14-15 of the month..
I am waiting for Futures to roll..
  • #70,736
  • Jul 8, 2020 10:36pm Jul 8, 2020 10:36pm
Attached Image


1362 breached, need to trade above 136x to see 1400.
H4 closes below 136x/3x discouraging for bulls to me.
Tomorrow is Friday, we never close the week above 1300+ for a year now (will it want this week?).
Peace is more valuable than success.
LifeDrifts v1 [automated] All Time Return: -0.1%
  • #70,737
  • Edited 11:54pm Jul 8, 2020 10:38pm | Edited 11:54pm
Quoting ill_be_back
{quote} And a new HIGH SHORT for a few Will add may go UP to 1370 before a BIG DOWN {image}
im impressed
  • #70,738
  • Jul 9, 2020 12:27am Jul 9, 2020 12:27am
Quoting gatenio
{quote} im impressed
It just started I am actually going to get in on this see you in 11's
  • #70,739
  • Jul 9, 2020 12:41am Jul 9, 2020 12:41am
Quoting q_import
{quote} It just started I am actually going to get in on this see you in 11's
It is almost impossible that the drop should start today. This I just my thought. New high on a Wednesday almost results to another high on Thursday, at least when swaps made sense. In any case, I am surely not selling. I believe N.Y. will do some crazy stuff later in the day. I will wait except some irresistible price happens.
  • #70,740
  • Jul 9, 2020 12:49am Jul 9, 2020 12:49am
Quoting Mitiblotch
{quote} It is almost impossible that the drop should start today. This I just my thought. New high on a Wednesday almost results to another high on Thursday, at least when swaps made sense. In any case, I am surely not selling. I believe N.Y. will do some crazy stuff later in the day. I will wait except some irresistible price happens.
Im already in @13517 I passed up yesterday.. I was sick.. Then I realized the moved never even happened and its still open..
I was thinkinkg 1450 then I went through some data and found its not possible this week or next.. so I have no choice but to follow it down.. until such time the data can show me 1400.. It does but towards the end of the month before that its all below..

I could be wrong because I now have a bias.. which is not good..
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