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The Swamp

  • #88,741
  • Aug 10, 2021 7:23am Aug 10, 2021 7:23am
Quoting gatorinla
{quote} ADR can take this to 1784. I still feel the next 50 pips lower can be very volatile. This layer is yearly supports. I'm not saying they wont give up, but it may take a few tries to do it. Yes, all looks bearish. But it can bounce a lot of pips on the grind. 40 days till this q ends. 1709 area should be tough. And it may be in play till the end of 2021 (year end). It later may be a big R
Ready or not, here it comes.
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those who can, do. those who cant, talk about those who can
  • #88,742
  • Aug 10, 2021 7:59am Aug 10, 2021 7:59am
Quoting gatorinla
{quote} Ready or not, here it comes. {image}
Too close to big support.. I am here cautiously shorting...
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  • #88,743
  • Aug 10, 2021 8:21am Aug 10, 2021 8:21am
Quoting gatorinla
{quote} Ready or not, here it comes. {image}
YTD low 1.1704 on Mar 31, 2021
  • #88,744
  • Aug 10, 2021 8:31am Aug 10, 2021 8:31am
GU bears took back M30
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  • #88,745
  • Aug 10, 2021 8:58am Aug 10, 2021 8:58am
fyi

USD: To Remain Bid N-Term And To Continue Challenging Recently Built Short Positions - MUFG

MUFG Research discusses the USD outlook from the positioning front and maintains a bullish bias in the near-term.
"The release of the latest IMM positioning report at the end of last week revealed that Asset Manager/Institutional investors had started to rebuild short US dollar positions in the week ending 3rd August. Total short US dollar positions increased by 28,233 contracts to 310,328 contracts. It brought an end to four consecutive weeks in which short US dollar positions had been scaled back. Short US dollar positions still remain well below the recent peak from the start of June at 586,589 contracts," MUFG notes.
"We expect the US dollar to remain bid in the near-term and to continue challenging short positions that have been built up. Position unwinding could be less important though in driving upward US dollar momentum after the large position adjustment that has already taken place in recent months," MUFG adds.
  • #88,746
  • Aug 10, 2021 9:18am Aug 10, 2021 9:18am
Quoting gatorinla
{quote} ADR can take this to 1784. I still feel the next 50 pips lower can be very volatile. This layer is yearly supports. I'm not saying they wont give up, but it may take a few tries to do it. Yes, all looks bearish. But it can bounce a lot of pips on the grind. 40 days till this q ends. 1709 area should be tough. And it may be in play till the end of 2021 (year end). It later may be a big R
testing 1709 now,, no hot stove reject atm..
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those who can, do. those who cant, talk about those who can
  • #88,747
  • Aug 10, 2021 9:19am Aug 10, 2021 9:19am
Quoting Boulder
{quote} Too close to big support.. I am here cautiously shorting... {image}
I can't short this anymore now, too close to quarterly L3 pivot and alot of other stuff Gator pointed out. Well done for trying

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  • #88,748
  • Aug 10, 2021 9:20am Aug 10, 2021 9:20am
Quoting gatorinla
{quote} testing now,, no hot stove reject atm.. {image}
I have not manual traded longs yet,.. I will pend some at 1704 and 1700 against the trends.. to see there are any bounces..
  • #88,749
  • Aug 10, 2021 9:23am Aug 10, 2021 9:23am
Quoting swd
{quote} I can't short this anymore now, too close to quarterly L3 pivot and alot of other stuff Gator pointed out. Well done for trying {image}
I might just miss the longs.... dollar giving up
  • #88,750
  • Aug 10, 2021 9:23am Aug 10, 2021 9:23am
Quoting Boulder
{quote} YTD low 1.1704 on Mar 31, 2021
We are looking at different things. Last time 1709 is probably what rejected that low. 1709 is likely what made the 1704 rejection,,
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those who can, do. those who cant, talk about those who can
  • #88,751
  • Aug 10, 2021 9:26am Aug 10, 2021 9:26am
Quoting gatorinla
{quote} testing 1709 now,, no hot stove reject atm.. {image}
I should have longed your number..,, perfect call..
  • #88,752
  • Aug 10, 2021 9:29am Aug 10, 2021 9:29am
Quoting Boulder
{quote} I should have longed your number..,, perfect touch..
We dont know that yet.. but it has gotten 12 pips..
those who can, do. those who cant, talk about those who can
  • #88,753
  • Aug 10, 2021 9:34am Aug 10, 2021 9:34am
Quoting Boulder
{quote} I should have longed your number..,, perfect call..
last time it made the low in the Asian session.. It wasn't rejected immediately.. Today closing above 1735 may give a clue.. I see a near test before the break,, and another after,, It looks like it was a sneaker..
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those who can, do. those who cant, talk about those who can
  • #88,754
  • Aug 10, 2021 9:41am Aug 10, 2021 9:41am
I shorted some GU on this bounce.. next TP 3849
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  • #88,755
  • Aug 10, 2021 9:54am Aug 10, 2021 9:54am
Quoting Boulder
I shorted some GU on this bounce.. next TP 3849 {image}
GU Tp
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  • #88,756
  • Aug 10, 2021 10:12am Aug 10, 2021 10:12am
30 min was engulfed.
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those who can, do. those who cant, talk about those who can
  • #88,757
  • Aug 10, 2021 10:33am Aug 10, 2021 10:33am
lc was lower..
those who can, do. those who cant, talk about those who can
  • #88,758
  • Edited 11:55am Aug 10, 2021 11:16am | Edited 11:55am
New York governor Cuomo resigns. (14 days)
those who can, do. those who cant, talk about those who can
  • #88,759
  • Aug 10, 2021 11:20am Aug 10, 2021 11:20am
Quoting gatorinla
New York mayor Cuomo resigns. (14 days)
Good...
  • #88,760
  • Aug 10, 2021 11:22am Aug 10, 2021 11:22am
Quoting Boulder
I shorted some GU on this bounce.. next TP 3849 {image}
I booked the rest of todays GU shorts... wait for refills again..
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