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The Swamp

  • #71,201
  • Jul 14, 2020 5:45am Jul 14, 2020 5:45am
Quoting gatorinla
{quote} All bullish here.. I mentioned pa 4h and day are extended.. It can go much higher. The thing about closing higher, it places the high close near the high. In this case, eu 1361. lc below 1361 may produce a drop Wednesday. Those options are below 1361. So if it truly is extended as I summarize. A adr drop from 1370, is about 80 ish pips. 1290 ish.. the lower option 1300
Yen turned the table.....
  • #71,202
  • Jul 14, 2020 6:00am Jul 14, 2020 6:00am
Quoting gatorinla
{quote} ej short may be setting up 121.82/122.0x. Void with a 4h close 122.83+. Need a close 1h after -121.43
ej is above 121.83 2 hours b4 close. I dont know how this ends.. Its not looking so good atm. the day at 121.57 its 55 pips above.. that's not un-heard of. It is higher than I'm comfortable with. I closed my 121.95 short. -12
those who can, do. those who cant, talk about those who can
  • #71,203
  • Jul 14, 2020 6:04am Jul 14, 2020 6:04am
Quoting TuTang
{quote} Yen turned the table.....
yeah, timing ej with eu 1370 was not a perfect science. My ej stop was hit.
those who can, do. those who cant, talk about those who can
  • #71,204
  • Jul 14, 2020 6:48am Jul 14, 2020 6:48am
Its all finished now
Added more shorts..
  • #71,205
  • Jul 14, 2020 7:01am Jul 14, 2020 7:01am
Quoting q_import
Its all finished now Added more shorts..
Ill take this one at US Open. Out my Au and NZ for this one!
  • #71,206
  • Jul 14, 2020 7:03am Jul 14, 2020 7:03am
Quoting gatorinla
{quote} yeah, timing ej with eu 1370 was not a perfect science. My ej stop was hit.
Yeah i went in even earlier but outed after it reverse at B/O.... Not looking good for yen but still chance at US Open. This is same Pa 2 months ago with London bulls and us bear. Plus commodities pair are still giving it.
  • #71,207
  • Jul 14, 2020 7:09am Jul 14, 2020 7:09am
Quoting gettoefl
it is good we were given the weekly roadmap a few days ago, about 13 hours to see if all this epic move plays out, my net short is 11360 stop 114
final sells added net short 11375 stop 11420, fasten your safety belts
twitter: @gettoefl
  • #71,208
  • Jul 14, 2020 7:12am Jul 14, 2020 7:12am
Quoting q_import
Its all finished now Added more shorts..
ej near week extended R at 122.28. Eu is already past its at 1362. I think u need ej to close the next h below 121.83
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those who can, do. those who cant, talk about those who can
  • #71,209
  • Jul 14, 2020 7:37am Jul 14, 2020 7:37am
Today started FED POMO
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  • #71,210
  • Jul 14, 2020 8:27am Jul 14, 2020 8:27am
Gu is giving. Eu as funding currency will give last
  • #71,211
  • Jul 14, 2020 8:39am Jul 14, 2020 8:39am
In the past I would have shorted above 1370. But the intervention from fed is messing with everything. I hate that i don't have the slightest clue where the market will go.

God forbid this kind of price action goes on for another few weeks.

edit: Well looks like the market has decided to break up. For the love of god, plz don't change your mind after this.
  • #71,212
  • Jul 14, 2020 8:45am Jul 14, 2020 8:45am
swing levels reaching soon?
  • #71,213
  • Jul 14, 2020 8:56am Jul 14, 2020 8:56am
Quoting Boulder
Today started FED POMO {image}
i figured options would pull it below 1361 for lc. more so 1300 had a shot. Its not looking that way atm. 10 am est is coming soon.
those who can, do. those who cant, talk about those who can
  • #71,214
  • Jul 14, 2020 9:02am Jul 14, 2020 9:02am
It was a heavy weekend after 4 months of lock-down - I just woke up and saw euro at 1390 so i went short stop just above 1400
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #71,215
  • Edited 11:38pm Jul 14, 2020 9:04am | Edited 11:38pm
Quoting Avir
It was a heavy weekend after 4 months of lock-down - I just woke up and saw euro at 1390 so i went short stop just above 1400
Today's numbers
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #71,216
  • Jul 14, 2020 9:11am Jul 14, 2020 9:11am
EurCad worth a look - Lots of room below when Eur finally breaks down. Just crossed Monthly R2, qt WR3, Testing the High from 5/1/2020
  • #71,217
  • Jul 14, 2020 9:14am Jul 14, 2020 9:14am
If eu can hold above 1383, I don't think it is wise to be short.
It already feels so light right now.
  • #71,218
  • Jul 14, 2020 9:14am Jul 14, 2020 9:14am
Quoting gatorinla
{quote} i figured options would pull it below 1361 for lc. more so 1300 had a shot. Its not looking that way atm. 10 am est is coming soon.
Fed POMO $12 bil this morning, just more QE, ruined dollar and helped Eu run...
  • #71,219
  • Jul 14, 2020 9:21am Jul 14, 2020 9:21am
Quoting Boulder
{quote} Fed POMO $12 bil this morning, just more QE, ruined dollar and helped Eu run...
It is making it hard to position ej lc on the week. The fed has made everything harder the past 9 months.
those who can, do. those who cant, talk about those who can
  • #71,220
  • Jul 14, 2020 9:22am Jul 14, 2020 9:22am
Quoting Boulder
Today started FED POMO {image}

Fed today add 12bn liquidity today - More liquidity is bad news for USD... - liquidity adding operation drove USD down at the present time
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