Buy limit target buy side liquidity,i hope my order gets activated 
- #157,426
- Sep 22, 2022 6:17am Sep 22, 2022 6:17am
- Joined Jul 2011 | Status: Trader | 3,145 Posts
Holy Betting Grail strategy
- #157,427
- Sep 22, 2022 6:24am Sep 22, 2022 6:24am
- Joined May 2014 | Status: Full Time Trader | 27,132 Posts | Online Now
@Ata Brother, just checking in on you. Noticed you haven’t been on here in a few hours. Blessings
Focus only on what truly matters!
- #157,428
- Sep 22, 2022 6:30am Sep 22, 2022 6:30am
- Joined May 2014 | Status: Full Time Trader | 27,132 Posts | Online Now
{quote} Maybe your Polar express is only a bit delayed
But overall, sooner or later wave 5 will be over... Months ago, since I shared my weekly and daily wave count charts these lows had been mentioned as possibilities and now it is happening. Nothing too surprising... The polar express can wait a little longer..
Best wishes
Focus only on what truly matters!
- #157,430
- Sep 22, 2022 6:56am Sep 22, 2022 6:56am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,440 Posts
Looking for profitable short term trades ...|
- #157,431
- Sep 22, 2022 7:16am Sep 22, 2022 7:16am
{quote} Huge numbers today! 9800 left untouched so it may head there first (stupid logic) but 9900 is nearer. So for me 9900 and only two hours left for the expiry.
Second round of intervention had begun. This time, it was led by the SNB. You can say, it's sort of a "coordination" effort. 
Last week, major central bankers met at the BIS in Basel, Switzerland. Powell did acknowledge that yesterday, but provided no details.
This morning, the Japanese did a presser. One hour later, enlisting the help of their Swiss friend, started selling dollar and US Treasury debt. The timing was just sweet, and admirable. I don't have the actual amount, but it's likely north of $90bn.
Here's how the plan is likely to unfold: Japanese will get what they want. SNB has an opposite objective, so excess liquidity will get sucked up into the Euro, when SNB sells, helping ECB. Now, the liquidity has to go somewhere when USD is sold off. It'll likely end up in the Fed's repo facility. If market is still stubborn, then the "dollar swap line" club members will come into play. Long term, there'll be some form of exchange rate normalisation going on, with EURUSD, despite both ECB and Fed not needing to do anything publicly.
Take care. Cheers, Cat.
Last week, major central bankers met at the BIS in Basel, Switzerland. Powell did acknowledge that yesterday, but provided no details.
This morning, the Japanese did a presser. One hour later, enlisting the help of their Swiss friend, started selling dollar and US Treasury debt. The timing was just sweet, and admirable.
I don't have the actual amount, but it's likely north of $90bn. Here's how the plan is likely to unfold: Japanese will get what they want. SNB has an opposite objective, so excess liquidity will get sucked up into the Euro, when SNB sells, helping ECB. Now, the liquidity has to go somewhere when USD is sold off. It'll likely end up in the Fed's repo facility. If market is still stubborn, then the "dollar swap line" club members will come into play. Long term, there'll be some form of exchange rate normalisation going on, with EURUSD, despite both ECB and Fed not needing to do anything publicly.
Take care. Cheers, Cat.
- #157,433
- Sep 22, 2022 7:40am Sep 22, 2022 7:40am
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 15,440 Posts
{quote} 9900 was hit today (9:30 GMT). Was it too early?
Looking for profitable short term trades ...|
- #157,436
- Sep 22, 2022 8:15am Sep 22, 2022 8:15am
- Joined Jul 2011 | Status: Trader | 3,145 Posts
Holy Betting Grail strategy
wedge broken and confirmation done if at the end of this hour the candle is outside the wedge. In this case we will have a new low...
If you do not know who you are, the Forex is the worst place to find you
- #157,439
- Sep 22, 2022 8:43am Sep 22, 2022 8:43am
- Joined May 2021 | Status: Trader | 1,128 Posts
Buy limit target buy side liquidity,i hope my order gets activated