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The Swamp

  • #99,761
  • Apr 22, 2022 9:13am Apr 22, 2022 9:13am
Quoting DMA Trader
out of the last long no longs left. only shorts no it can melt up negative for today {image}
Euro very weak.. sale on almost every bounces...
  • #99,762
  • Apr 22, 2022 9:15am Apr 22, 2022 9:15am
Dollar just broke the other day's high to 101.06
  • #99,763
  • Apr 22, 2022 9:21am Apr 22, 2022 9:21am
usd hitting a new high. Every tick higher, is more starvation for some. I dont see places like India and China. Regular working people, not selling gold to eat. I think this increases the gold supply and gold prices fall. A double shot at gold. Increase of gold supply, and a higher usd.

If people spend more to eat. They spend less on other crap. The sellers of crap, sell less crap. They need less workers to make crap. The laid off workers have less income to buy food, and much less to buy crap. Who makes the most crap, suffers the most. Who sells the raw materials to make crap. Suffers more.
those who can, do. those who cant, talk about those who can
  • #99,764
  • Apr 22, 2022 9:30am Apr 22, 2022 9:30am
The aud is at .7267,,, it may be supportive near here. It sells the raw materials China uses to make crap. Find some R if it bounces to trade a drop.
those who can, do. those who cant, talk about those who can
  • #99,765
  • Apr 22, 2022 9:30am Apr 22, 2022 9:30am
Quoting gatorinla
usd hitting a new high. Every tick higher, is more starvation for some. I dont see places like India and China. Regular working people, not selling gold to eat. I think this increases the gold supply and gold prices fall. A double shot at gold. Increase of gold supply, and a higher usd. If people spend more to eat. They spend less on other crap. The sellers of crap, sell less crap. They need less workers to make crap. The laid off workers have less income to buy food, and much less to buy crap. Who makes the most crap, suffers the most. Who sells...
hi gator, would you please explain further why every increase of USD will give more issue related with starvation?
isn't that good to fight high inflation in USA so it could dampen the high cost of any materials even for the high price of daily needs?
i think that's what Fed wants.

Thanks in advance.
  • #99,766
  • Apr 22, 2022 9:34am Apr 22, 2022 9:34am
Dollar this year new high again 101.10... I added Eur long here 0887
pending 0772.. that is all I need for Eur longs..
  • #99,767
  • Apr 22, 2022 9:42am Apr 22, 2022 9:42am
out

back to green for the day

no longs no shorts
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Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #99,768
  • Apr 22, 2022 9:49am Apr 22, 2022 9:49am
Quote
ECB: lifting off in July - JPM
You. Don't. Say.
  • #99,769
  • Apr 22, 2022 9:50am Apr 22, 2022 9:50am
Quoting hans91
{quote} hi gator, would you please explain further why every increase of USD will give more issue related with starvation? isn't that good to fight high inflation in USA so it could dampen the high cost of any materials even for the high price of daily needs? i think that's what Fed wants. Thanks in advance.
most third world infostructure was paid for with borrowed in usd (its paid back in usd). Each tick up makes it cost more in that countries currency. The bill cost more. That country gets poorer. Its using more of its currency to pay the bill. Commodity wise things work the same.
Inflation has already made food cost more. Add in many commodities are priced in usd. Equals' food cost is much greater than before. Add into the June harvest in Ukraine is doubtful (war). More so when Putin is burning Ukraine wheat. Plus Russian wheat is boycotted. All this adds to less wheat. It will make the cost of all food cost more. Farmers may stop growing other stuff like soybeans. To grow wheat. That may put animal feed at a deficit. So even meat will be affected by a wheat shortage. All things are connected. Putin by proxy may cause a leadership change in China.
those who can, do. those who cant, talk about those who can
  • #99,770
  • Apr 22, 2022 10:14am Apr 22, 2022 10:14am
Quoting hans91
{quote} hi gator, would you please explain further why every increase of USD will give more issue related with starvation? isn't that good to fight high inflation in USA so it could dampen the high cost of any materials even for the high price of daily needs? i think that's what Fed wants. Thanks in advance.
just an example.. not real prices.
Lets say 1 dozen eggs cost 1 usd before covid. Now that same 1 dozen eggs cost 2$. That's 100% increase in the price. But if your country buys wheat from some exchange priced in USD. That's added cost of that countries price. That 100% increase is much greater as the usd rises. The people pay a higher % increase in food than the example 100%. Those people have less money to buy other things. That entire country has less money to buy other things. Other things, means everything. From restaurants, to cars, anything that can be imagined. The people who make "other things" jobs are less needed. Those without jobs buy less.
those who can, do. those who cant, talk about those who can
  • #99,771
  • Apr 22, 2022 10:15am Apr 22, 2022 10:15am
UJ 129 doesn't care about yen more stimulus is coming

GJ is ok but GBP is very week i may miss a good entry
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #99,772
  • Edited 10:45am Apr 22, 2022 10:20am | Edited 10:45am
Quoting Boulder
Dollar this year new high again 101.10... I added Eur long here 0887 pending 0772.. that is all I need for Eur longs..
0772 triggerred... no more Eur longs for me... let see H4 uptrend stop 0770 can hold .. testing now....an hour 40 mins to go for H4 close...
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  • #99,773
  • Apr 22, 2022 10:20am Apr 22, 2022 10:20am
I expect more dollar strenght going foreward. The FED will announce the QT on may 4th.
We cut the winners short and let the losers run.
  • #99,774
  • Edited 2:17pm Apr 22, 2022 10:43am | Edited 2:17pm
Quoting Ryd3n
I expect more dollar strenght going foreward. The FED will announce the QT on may 4th.
May 5th is the maturity date for Japan to collect its insurance companies investments of bond in the US to collect. Should be interesting to see how Yen responds.

https://www.japantimes.co.jp/news/20...s/oil-auction/
https://www.japantimes.co.jp/news/20...ess-treasurys/
"
That divergence is seen by some as keeping the yen under pressure as the Federal Reserve raises interest rates. Already at a 20-year low, that will make dollar-denominated assets attractive to Japanese investors.
"At the moment taking currency risks is the surest way to generate returns on already lucrative yields,” said Tatsuya Higuchi, executive chief fund manager at Mitsubishi UFJ Kokusai Asset Management Co. (I dont have the link but the fed actually gave them the time when interest rates where going to rise so they could get a return on investment last time it happened was in march it was written in the article 5 months before issuance of the rise of rates .25%)
Japanese life insurers alone have total assets of more than $3 trillion, with buying and selling big enough to move Treasury yields at the margi

https://www.reuters.com/business/exc...ns-2022-04-22/

Might explain today.. and a couple of hours ago people are being rushed into the office..

Anything to get profits back..

"
  • #99,775
  • Apr 22, 2022 10:45am Apr 22, 2022 10:45am
i guess we need a capitulation move
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #99,776
  • Apr 22, 2022 10:50am Apr 22, 2022 10:50am
personal account goal at 0915.. Next week is month's end. So with some rebalancing, it may rise. I may get this target then, if this current low holds. Maybe 0970+. this is against the trend. I prefer to wait for a rise to short. I may be 100% wrong. R/R is a must. I dont recommend a long without some good MM RR. I rather wait to short in the trend.
those who can, do. those who cant, talk about those who can
  • #99,777
  • Apr 22, 2022 11:00am Apr 22, 2022 11:00am
Quoting Boulder
{quote} 0772 triggerred... no more Eur longs for me... let see H4 uptrend stop 0770 can hold .. testing now....an hour 40 mins to go for H4 close... {image}
Booked Eur longs as it goes...
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  • #99,778
  • Apr 22, 2022 11:13am Apr 22, 2022 11:13am
I need closes first above R 0787.5, 0812, 0835.5, *0853 and 0863. 0760 s/l
those who can, do. those who cant, talk about those who can
  • #99,779
  • Apr 22, 2022 11:37am Apr 22, 2022 11:37am
Quoting gatorinla
{quote} EA may be finding a bottom.. If it does that may give the 300 pips. Remember weeks ago i said it in normal times would be a 1100 pip target. I settled for 300 then. I think 4504 would be a stronger support. But u see it as i do now.. you may be able to find a reason now {image}
ea 300 pip target reached. I closed earlier for 200 +
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those who can, do. those who cant, talk about those who can
  • #99,780
  • Apr 22, 2022 11:41am Apr 22, 2022 11:41am
Quoting Boulder
{quote} Booked Eur longs as it goes... {image}
How are those eggs? I wish you made me some...
those who can, do. those who cant, talk about those who can
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