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  • #77,201
  • Nov 2, 2020 7:13am Nov 2, 2020 7:13am
Quoting Boulder
{quote} still have 1635 long.. just shorted 1635 too
I'm out for the day. USD really not getting bids today, everything is somewhat off.

Good luck.
I will tear the world apart for you.
  • #77,202
  • Nov 2, 2020 7:17am Nov 2, 2020 7:17am
Quoting Barnell
{quote} I'm out for the day. USD really not getting bids today, everything is somewhat off. Good luck.
For what it is worth, I think USD should gain strength. But well, election. Shrugs.
I will tear the world apart for you.
  • #77,203
  • Nov 2, 2020 7:21am Nov 2, 2020 7:21am
you cant make this shit up. https://www.cnn.com/2020/11/01/media...dia/index.html
those who can, do. those who cant, talk about those who can
  • #77,204
  • Nov 2, 2020 7:39am Nov 2, 2020 7:39am
added swiss 9198
  • #77,205
  • Nov 2, 2020 7:43am Nov 2, 2020 7:43am
Quoting gatorinla
1721 may be in play if 1628 is too hard. {image}
Friday's post is still true, bears need some closes below these. red needs a 4h,, 1628 and 22 probably need a day close below. Later a week below 1628. This is one reason I think it has a chance to bounce. It needs that week close below 1628. I may be wrong. Because it is bearish on the month. Selling the bounces is what I will do.
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those who can, do. those who cant, talk about those who can
  • #77,206
  • Nov 2, 2020 7:45am Nov 2, 2020 7:45am
If there is still no bids for USD at London close, I will be out for the day. Good luck to everyone.
I will tear the world apart for you.
  • #77,207
  • Nov 2, 2020 8:51am Nov 2, 2020 8:51am
Swiss in overbought territory now. One last attempt.
I play the trade gamble to feed my Porsche addiction.
  • #77,208
  • Nov 2, 2020 11:40am Nov 2, 2020 11:40am
Quoting Boulder
{quote} still have 1635 long.. just shorted 1635 too
just came back...short TP out 1624 +11
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  • #77,209
  • Nov 2, 2020 1:37pm Nov 2, 2020 1:37pm
Quoting gatorinla
you cant make this shit up. https://www.cnn.com/2020/11/01/media...dia/index.html

WOW "All the best people". A garbage truck driver would make a better corona virus adviser than this idiot. This cretin obviously says whatever trump tells him to. And trump figures that by having a few asslickers "advisers" with the title "Dr" on the White House Coronavirus Negligence Force it gives them credibility. This fool even tweets with 2nd grade grammar, just like trump....."I especially apologize to the national security community who is working hard to defend us." community=plural=are

Here's an interesting paragraph from the article...."Earlier this year, an internal intelligence bulletin issued by the Department of Homeland Security said Russia was amplifying disinformation about mail-in voting as part of a broader effort "to undermine public trust in the electoral process." Hand in Glove with trump's rhetoric. I see a million reasons to get rid of trump. I will never understand how he gets so many people to support him. To me he doesn't even seem like a good con artist. Maybe he's a hypnotist.
  • #77,210
  • Edited 1:57pm Nov 2, 2020 1:44pm | Edited 1:57pm
Bought more AN. Higher lows, higher highs on hourly. Broke prolonged downtrend. Expected interest rate rise announcement later today priced in already. Bullish engulfed yesterday. Will hold some for a while. Also pending long 1.0628 for a down move (maybe little spike) when rates announced.
  • #77,211
  • Edited 10:39pm Nov 2, 2020 3:47pm | Edited 10:39pm
Quoting gatorinla
{quote} Yeah, but earlier you seemed to know the future. Concerning a bounce, but after the bounce had already occured. So i wanted to know what's gonna happen, before it already happened. Once it has happened, it's already history. At that point its already obvious. For it to be useful information. I need to be told, before it happens. It did throw the price down heavily. It hit a 2 month support and bounced 80 pips.
Oh I wasn't even talking long term. I hardly do long term. I was referring to the fact that a 50 plus pips rip could happen since London just zipped it down without checking the daily pivot so I suspected they would drive it up at some point. The future can wait once I get my 50 to 100 pips on that pair.
  • #77,212
  • Nov 2, 2020 4:33pm Nov 2, 2020 4:33pm
fyi ( from forexlive)

Citi (wealth management) on the election and the US dollar.
Very short term:

  1. There is a risk of a USD rally in the days around the election, particularly in the event of a contested result. This tail risk could lead to significant political and societal unrest, and cause a negative shock to risk assets and a USD rally.

Further out:

  1. Regardless of who wins the November election, fundamental supports for the USD have been eroded since the onset of the COVID-crisis and are unlikely to reverse over the medium term. The Fed's uber-loose policy of QE and lower for longer rates and average inflation targeting is indicative of a lower USD over time. Meanwhile, US federal deficits are rapidly expanding at a time, which may also unfavor USD.


More specifically:

If Trump is returned to office:

  1. Potential to derail the recovery in global trade and would likely be detrimental to the Euro
  2. Euro down may lead USD up


If Biden wins the become president:

  1. Supportive for currencies that are strategic allies such as Europe, Japan and EM
  2. Lower USD
  3. Risk to oil exporting currencies like CAD

  • #77,213
  • Nov 2, 2020 5:29pm Nov 2, 2020 5:29pm
Quoting Boulder
{quote} still have 1635 long.. just shorted 1635 too
booked long 1647 +12
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  • #77,214
  • Nov 2, 2020 5:31pm Nov 2, 2020 5:31pm
still have that 1647 long from earlier.. I shorted one here 1647
  • #77,215
  • Nov 2, 2020 5:57pm Nov 2, 2020 5:57pm
testing H1 1650 atm...
  • #77,216
  • Edited 7:12pm Nov 2, 2020 7:01pm | Edited 7:12pm
Quoting Boulder
testing H1 1650 atm...
H1 trend turned...
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  • #77,217
  • Nov 2, 2020 7:44pm Nov 2, 2020 7:44pm
Swiss coming to test M30 0.9184
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  • #77,218
  • Nov 2, 2020 7:54pm Nov 2, 2020 7:54pm
Quoting Blackopal
{quote} WOW "All the best people". A garbage truck driver would make a better corona virus adviser than this idiot. This cretin obviously says whatever trump tells him to. And trump figures that by having a few asslickers "advisers" with the title "Dr" on the White House Coronavirus Negligence Force it gives them credibility. This fool even tweets with 2nd grade grammar, just like trump....."I especially apologize to the national security community who is working hard to defend us." community=plural=are Here's an interesting paragraph from the article...."Earlier...
I THINK he gets so much support because the alternative seems to be as pathetic if not more so.
  • #77,219
  • Nov 2, 2020 8:04pm Nov 2, 2020 8:04pm
Quoting Schweet
{quote} I THINK he gets so much support because the alternative seems to be as pathetic if not more so.
Time to buy more 3M more scared people more masks..
AUD broke BP high long AUD.. waiting for EU and other to push higher too..


I love this forum.. Thank you everyone..
  • #77,220
  • Nov 2, 2020 8:10pm Nov 2, 2020 8:10pm
Quoting Boulder
Swiss coming to test M30 0.9184 {image}
Swiss M30 turned,, on its way to test H1
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