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The Swamp

  • #71,901
  • Jul 22, 2020 10:22am Jul 22, 2020 10:22am
Quoting gellowmellow
Shot 1 bullet here... let's test. {image}
wow, a nice david pivot
  • #71,902
  • Jul 22, 2020 11:45am Jul 22, 2020 11:45am
The whole 'Bulls' shit is expected to climax on Friday when EU PMIs will be out, then we can probably expect a round of retrace sessions, Until then buying the dip is the only option to survive or sideline off course.

Me under water will take loss at 545/555 area, ah!
  • #71,903
  • Jul 22, 2020 12:06pm Jul 22, 2020 12:06pm
Quoting BearingBull
The whole 'Bulls' shit is expected to climax on Friday when EU PMIs will be out, then we can probably expect a round of retrace sessions, Until then buying the dip is the only option to survive or sideline off course. Me under water will take loss at 545/555 area, ah!
expecting NY day close around 60/65 area
  • #71,904
  • Jul 22, 2020 12:34pm Jul 22, 2020 12:34pm
Tuesday's rise never fails after Sunday's drop. The body count trajectory is rising. This may be some of the reason the usd suffers. Europe and most of the world is doing better than the u.s. Non u.s. economies look to do better.
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those who can, do. those who cant, talk about those who can
  • #71,905
  • Jul 22, 2020 12:50pm Jul 22, 2020 12:50pm
Quoting gatorinla
Tuesday's rise never fails after Sunday's drop. The body count trajectory is rising. This may be some of the reason the usd suffers. Europe and most of the world is doing better than the u.s. Non u.s. economies look to do better. {image}
this may be a crude comment, but whom is actually dying has impact for the economy. As said before, Sweden has had opened all this time, the statistics are clear, it is not the young people, read worforce that dies. This sickens is age related and attacks already week people, having other medical issues.

Now we can and should eventually ask ourselves what we are doing? Yes it should probably be restrictions, but not for the workfoce, i.e. young people. It's a shame no one wants to deal with this un-comfortable questions. But lets ignore the statistics and keep the worforce home, the ones that need to earn money and bring in tax to the medical system... this is not making any sense....
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  • #71,906
  • Jul 22, 2020 1:12pm Jul 22, 2020 1:12pm
Quoting krst8
{quote} this may be a crude comment, but whom is actually dying has impact for the economy. As said before, Sweden has had opened all this time, the statistics are clear, it is not the young people, read worforce that dies. This sickens is age related and attacks already week people, having other medical issues. Now we can and should eventually ask ourselves what we are doing? Yes it should probably be restrictions, but not for the workfoce, i.e. young people. It's a shame no one wants to deal with this un-comfortable questions. But lets ignore...

It does matter for the workforce, but lets not blow this out of proportion. in the US we have 140,000 COVID deaths so far. Cancer alone kills more people than this every year.
  • #71,907
  • Jul 22, 2020 1:19pm Jul 22, 2020 1:19pm
Quoting jamestk
{quote} It does matter for the workforce, but lets not blow this out of proportion. in the US we have 140,000 COVID deaths so far. Cancer alone kills more people than this every year.
You are spot on, it is all about proportions!
  • #71,908
  • Edited 3:01pm Jul 22, 2020 2:02pm | Edited 3:01pm
GU short - TP 27092
AU Short - TP 07864 - closed waiting for price to show more..
USDILS - Target reached - waiting
EU not breaking any higher until markets AUD and NZD expecting a steady downward drift (I am not trading it)
  • #71,909
  • Jul 22, 2020 3:02pm Jul 22, 2020 3:02pm
Quoting krst8
{quote} this may be a crude comment, but whom is actually dying has impact for the economy. As said before, Sweden has had opened all this time, the statistics are clear, it is not the young people, read worforce that dies. This sickens is age related and attacks already week people, having other medical issues. Now we can and should eventually ask ourselves what we are doing? Yes it should probably be restrictions, but not for the workfoce, i.e. young people. It's a shame no one wants to deal with this un-comfortable questions. But lets ignore...
This wasn't a debate on who's life is worth more. I'ts not a debate on you playing god. I frankly dont care about your view on age. You and many others fail to comprehend is, most people do care. They dont want to play Russian roulette with their parents. They dont want to play it with their own life, or their children. Some people give a damn about others. People curved going out before any shutdown. So regardless of what you think. As long as corona is a threat, many people will avoid pre-corona normal situations. As long as corona is a threat, the economy wont mend. You dont fix the economy by making more corona.
those who can, do. those who cant, talk about those who can
  • #71,910
  • Jul 22, 2020 3:05pm Jul 22, 2020 3:05pm
Quoting jamestk
{quote} It does matter for the workforce, but lets not blow this out of proportion. in the US we have 140,000 COVID deaths so far. Cancer alone kills more people than this every year.
And? If your not wearing a mask, does it increase my chances to get cancer? I'm just trying to rationalize your point.
those who can, do. those who cant, talk about those who can
  • #71,911
  • Jul 22, 2020 3:30pm Jul 22, 2020 3:30pm
We haven't even hit the normal flu season yet. Nobody knows if the death rate will amplify, when combined with a seasonal flu.. You may get both viruses at the same time. Or one may weaken you enough, allowing the second to finish you. The normal cold and flu season will produce coughing/sneezing. A lot of it indoors. The young may be more vulnerable than you think. Nobody knows how this turns out.
those who can, do. those who cant, talk about those who can
  • #71,912
  • Jul 22, 2020 3:45pm Jul 22, 2020 3:45pm
Quoting Blackopal
{quote} Some of that discrepancy is still out there. EA still down very low. EG has recovered part of what was lost yesterday. TuTang "Eu might not but GU might give that dip... GU is being more obivious" ...EG might be the better play then. Avoids $US uncertainty I just cut losses on AU minus a few pips, closed EU shorts (was a bad trade) and went long EA 1.6127 and pending 1.6120. Feel safe to let that ride while I go to work

Closed 3 EA longs average 1.6210....90 pips
  • #71,913
  • Jul 22, 2020 3:52pm Jul 22, 2020 3:52pm
Bullish Pennant EU 30 M

Dax has a bearish corresponding pennant

One small long pending 1.15675 to play this pennant. High price to pay, but bulls still in charge. Only risking Lunch money. SL 1.1554

Bigger longs pending 1.1485 & 92
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  • #71,914
  • Jul 22, 2020 4:09pm Jul 22, 2020 4:09pm
Pending UJ short 107.205 SL 107.32 TP 106.42
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  • #71,915
  • Jul 22, 2020 4:27pm Jul 22, 2020 4:27pm
Quoting q_import
{quote} I already know I am going to regret this.. You are very articulate, wry but fair. In Florida a lot of women refuse to wear mask I as well.. Not because of the virus but because its a felony to carry and wear a mask. I am not using it as an excuse crime is really that high and with the mask its even higher.. Now I do sometimes leave it in the car. It really depends on the surroundings and time.. I mostly go out 2-3 in the morning.. When we go the range its the #1 question in the 2 classes I attended for concealed carry all the women were...
I live in the South too. I lived in South Florida before also. On Key Biscayne. I dont think that's the reason many Floridians dont wear mask. I cant speak for them all. Hell all you need to do is get on face book. I didnt hear the felony excuse. I heard of other reasons, mostly started with 4 letter words ending in "freedom."

Correct me if wrong. I could swear our leader called this a war. We had another war 1941/45. The people on shoreline cities were told to keep the lights off after dark. The lights were off to protect others (darkened windows). Especially in large buildings like the Empire State, and Chrysler buildings.
Back then, people just did the right thing. Today we live in a world with no sacrifice. "I'ts all about me" We have volunteer military. We have been at war for 20 years. And the only ones who sacrificed, is the volunteers. Atm more people have died from corona than Vietnam, Korea, 911 etc. combined. After all the sacrifice these guys did. Many refuse to put on a mask. Many of these heroes died 50 miles from me. In a V.A. assisted living homes. 1/3 of the residents died in less than 1 month. Yet people bitch about their freedom not to wear a mask. Yeah, yeah your entitled. The old people should just die. I get it.

3 jumbo jets worth of people die from corona each day. And you dont want to wear a mask. I get it.
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those who can, do. those who cant, talk about those who can
  • #71,916
  • Jul 22, 2020 4:30pm Jul 22, 2020 4:30pm
I'm not feeling it today I taking some time off of the market.. I will be back on Tuesday..
  • #71,917
  • Jul 22, 2020 4:53pm Jul 22, 2020 4:53pm
Quoting gatorinla
{quote} I live in the South too. I lived in South Florida before also. On Key Biscayne. I dont think that's the reason many Floridians dont wear mask. I cant speak for them all. Hell all you need to do is get on face book. I didnt hear the felony excuse. I heard of other reasons, mostly started with 4 letter words ending in "freedom." Correct me if wrong. I could swear our leader called this a war. We had another war 1941/45. The people on shoreline cities were told to keep the lights off after dark. The lights were off to protect others (darkened...
I'm really not in public when I leave the house I see maybe 4 people 2 helpers and maybe 2 customers ..
When I shop online people drop off a box..
I'm not outside that much except at 2am - 4am..

I can't speak for other people its just the #1 question I have been hearing.. Its not really a statement just a question that been asked I dont hear the responses people are quite about it.. Its not really expressed or roleplayed out.. It's more what do I do when?.. then quite.. like they get it. I dont think they do..
I may have internalized it from peoples responses afterwards subtle motions to their mask. Do I put it on or take it off. Almost as if I am watch someone forget something and they have grin , or a shrug a snap of the finger ohhhhh.. possible subconscious reaction so to not look like a crazy person walking in one direction do a 180 and walk another.

I am pretty sure its in one ear out the other as time goes by and responsibilities take over there daily life..
Some of the people I saw for the second time responded that same way as if they were unsure to wear it or not..

What ever is said in the media or facebook its just people doing and saying whatever they want to make a statement.. What I was watching was something else.. The lines blur after a while as to the reason for people behavior as I dont know the motivations. I was stating my observation..
  • #71,918
  • Jul 22, 2020 6:12pm Jul 22, 2020 6:12pm
Euro has been rising non stop ..the euro recovery fund was priced in at 1.14 but here we are approaching 1.16.

One pattern I have seen since moree than 1 week is euro rising 50-80 pips in new York session.

is Fed behind this dollar weakness.. deliberately..

As always they say Don't fight the FED..dunno when this dollar weakness will end
  • #71,919
  • Jul 22, 2020 6:47pm Jul 22, 2020 6:47pm
Quoting gatorinla
lc higher.. 1553 may be a buy... pa will likely retest 1595 or more again using lc. u may want to buy a retrace, then see what happens with 1595 R. a lc below 1591 Thursday, may allow some deeper retracing. 1485 is still key to me.. But the month wont close for 12 days.
i missed the pp L 1560.. I will try for 1553+ spread in case it comes back
those who can, do. those who cant, talk about those who can
  • #71,920
  • Jul 22, 2020 6:48pm Jul 22, 2020 6:48pm
Quoting euroboy2208
Euro has been rising non stop ..the euro recovery fund was priced in at 1.14 but here we are approaching 1.16. One pattern I have seen since moree than 1 week is euro rising 50-80 pips in new York session. is Fed behind this dollar weakness.. deliberately.. As always they say Don't fight the FED..dunno when this dollar weakness will end
November? Elections? Who knows? All I know is that I am humble enough to say that I am not a super trader, and that I will probably not go near the EURUSD pair now until see something nice on the daily chart. Anything else seems too risky at the moment (unless you are a scalper). Just my thoughts.
Emotional Control. Process, not outcome.
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