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The Swamp

  • #107,381
  • Mar 8, 2023 7:18am Mar 8, 2023 7:18am
EU is just a slow and painful death. No breaks for this pairing.
I play the trade gamble to feed my Porsche addiction.
  • #107,382
  • Mar 8, 2023 7:19am Mar 8, 2023 7:19am
adp 242K estimated 205K. Jan revised up.
those who can, do. those who cant, talk about those who can
  • #107,383
  • Mar 8, 2023 7:30am Mar 8, 2023 7:30am
Quoting gatorinla
{quote} a 1h is not good now..
not trade those .. just watching,,,.. I am sideline atm..
  • #107,384
  • Mar 8, 2023 7:34am Mar 8, 2023 7:34am
Winner of $2-billion Powerball jackpot drops $25.5 million on Hollywood Hills mansion...
https://www.latimes.com/california/s...-hills-mansion
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I am who I am
  • #107,385
  • Mar 8, 2023 7:42am Mar 8, 2023 7:42am
Quoting gatorinla
{quote} We missed all those longs on COT. During the COT blackout. Those s/l may start hitting just below 1.0480. 1.0549 R developing.. Residual at 1.0574
possible long at 1.0480? that is a strong swing low on the day
  • #107,386
  • Mar 8, 2023 7:42am Mar 8, 2023 7:42am
Quoting M3csl
EU is just a slow and painful death. No breaks for this pairing.
Learning to take a loss early, before the emotion is best. If ones longs at support. And later pa is below that support. The reason for the long, was lost when support was lost. All that is left is "hope. " "Hope" destroys accounts. Its not a strategy, its emotion. The "loss of opportunity" is real. "Hope" steals from opportunity. Most of trading is emotion. Some of the smartest people are unable to successfully trade. Because they are unable to control emotions. When people say this to another, its may seem cruel at the moment. Over time some truth will sink in. Your not fighting the eu. Your fighting you. Detach yourself from the trade. That's the hardest thing to do, to be a better trader.

If your support sucks.. Find a better method for support. Have the amount of risk before the trade. Stick to it.. Placing stops before the emotion sets in. As you place the trade. Once in the trade, you cant trust you. Your emotion starts to influence you. I suggest working on this without real money. After you get that demon under control. Trading gets better, but never perfect. We all have the same demons.
those who can, do. those who cant, talk about those who can
  • #107,387
  • Mar 8, 2023 7:46am Mar 8, 2023 7:46am
Quoting Boulder
{quote} possible long at 1.0480? that is a strong swing low on the day
Not me.. When those stops trigger it can fall faster. Long stops become shorts..

Some do the opposite normally. Figuring a shorts tp at a past support, becomes a long. In this case Powel and those ma's can blow past. Larger money wont tp long trends early.
those who can, do. those who cant, talk about those who can
  • #107,388
  • Mar 8, 2023 7:55am Mar 8, 2023 7:55am
Quoting gatorinla
{quote} Learning to take a loss early, before the emotion is best. If ones longs at support. And later pa is below that support. The reason for the long, was lost when support was lost. All that is left is "hope. " "Hope" destroys accounts. Its not a strategy, its emotion. The "loss of opportunity" is real. "Hope" steals from opportunity. Most of trading is emotion. Some of the smartest people are unable to successfully trade. Because they are unable to control emotions. When people say this to another, its may seem cruel at the moment. Over time...
Well said... .. emotion is the toughest part in trading... no matter how good trading strategy you have, .. ..
  • #107,389
  • Mar 8, 2023 7:56am Mar 8, 2023 7:56am
Quoting Boulder
{quote} not trade those .. just watching,,,.. I am sideline atm..
Price is below 1.0549, grinding on breaking down. It cant go up w/o 1.0549
those who can, do. those who cant, talk about those who can
  • #107,390
  • Mar 8, 2023 8:04am Mar 8, 2023 8:04am
Quoting gatorinla
While she is grinding the R at 1.0549 may allow passage. The residual at 1.0574.9 may not be so willing. ATM price is 1 pip below 1.0549.. Between the grind low, and 1.0549, it may not move much.
PA will not rise w/o breaking 1.0549.
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those who can, do. those who cant, talk about those who can
  • #107,391
  • Mar 8, 2023 8:06am Mar 8, 2023 8:06am
Quoting gatorinla
{quote} I would like to see a week close below 1.0552 and 1.0515.. The inflation news today should grind on these some.. {image}
Possible, my 1.0520 zone is drawn with a very fat crayon that covers +-75 pips …. But thats what quarterly levels do

I have a retry hefty oil short on(basket trade of oil stocks and futs)…. Thesis is the oil trades back to the low 60s

Would be bullish for risk, assuaging fears of inflation in a big way….We’ll see

Im buying heavy risk assets here when everyone else isnt…I sure do love ice skating uphill
  • #107,392
  • Mar 8, 2023 8:37am Mar 8, 2023 8:37am
Quoting Boulder
{quote} FX option expiries for Mar 8 NY cut at 10:00 Eastern Time, via DTCC, can be found below. - EUR/USD: EUR amounts 1.0500 797m 1.0560 2.5b 1.0600 902m 1.0645 1.5b 1.0670 2.3b
option exp magnetic pull...
  • #107,393
  • Mar 8, 2023 8:42am Mar 8, 2023 8:42am
On the weekly it looks like a pullback & I’ve been watching it flatten out for weeks now…. I agree with everyone and the bearish action yesterday but on the weekly I see something cooking. Whenever this does break (up or down) it should run for a bit. Price around the levels is key as mentioned, but if these levels somehow hold I expect a move up, or down if broken of course.
  • #107,394
  • Mar 8, 2023 9:20am Mar 8, 2023 9:20am
Powel is now speaking again
those who can, do. those who cant, talk about those who can
  • #107,395
  • Mar 8, 2023 9:26am Mar 8, 2023 9:26am
Quoting gatorinla
Powel is now speaking again
Hello, do you have a stream to his speech? He seem to have made some major comments, yen pairs and equities are pretty shaken up.
  • #107,396
  • Mar 8, 2023 9:31am Mar 8, 2023 9:31am
Quoting LinoKoch
{quote} Hello, do you have a stream to his speech? He seem to have made some major comments, yen pairs and equities are pretty shaken up.
Powel; "Terminal rate likely to be higher than we expected"
those who can, do. those who cant, talk about those who can
  • #107,397
  • Mar 8, 2023 9:48am Mar 8, 2023 9:48am
[quote=LinoKoch;14352524]{quote} Hello, do you have a stream to his speech? He seem to have made some major comments, yen pairs and equities are pretty shaken up.
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those who can, do. those who cant, talk about those who can
  • #107,398
  • Mar 8, 2023 10:20am Mar 8, 2023 10:20am
[quote=gatorinla;14352583]
Quoting LinoKoch
{quote} Hello, do you have a stream to his speech? He seem to have made some major comments, yen pairs and equities are pretty shaken up. https://youtu.be/u84uAdQCOMQ
Thank you sire, you have been extremely helpful!
  • #107,399
  • Mar 8, 2023 10:20am Mar 8, 2023 10:20am
Quoting gatorinla
{quote} Powel; "Terminal rate likely to be higher than we expected"
I thought this was mentioned yesterday?
  • #107,400
  • Mar 8, 2023 10:26am Mar 8, 2023 10:26am
Quoting LinoKoch
{quote} I thought this was mentioned yesterday?
Today is mostly a review of yesterday. The senate asked questions yesterday. The house asks questions today. A lot of political bs between. There is probably no "Perry Mason confessions" today. Today is the same as yesterday.

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those who can, do. those who cant, talk about those who can
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