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  • #137,621
  • Nov 6, 2015 5:42am Nov 6, 2015 5:42am
Quoting sisse
...uffff. massive overshoot ....best numbers in a long long time... Hikes here we come.. sisse
This was crazy print. Seems like the scenario of extreme monetary divergence for DEC comes in play (bet there is no doubt about FED now!!!) and the mid term swing starts without retrace of the post-ECB moves
  • #137,622
  • Nov 6, 2015 5:42am Nov 6, 2015 5:42am
...and first update after thet massive number (GAME changer!!! again)...we have the double whammy two massive game changers in both sides Euro and Dollar in the last weeks. For the 3er time this year all aligned in the euro ...the perfect storm is all set for DEC ...

Quoting sisse
______$1.0161(Soft)______$1.073x(strong)[check]______$1.097(flip)[check]______$1.117x(soft)[check]______$1.135x(strong )______$1.151x(marginally open) ...

- An overshoot will trigger a clean sweep in dollar that will carry the rest of the board. In the euro, is direct trade (1.087x) -> 1.074x [check] to sit there until key european numbers next week.
Euro clean sweep as widely expected with 1.073x tested sadly I was far from being loaded for this move ... well done to all that manage to ride it big from above. This move just locked euro all the way down to the 1.11xx handle...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #137,623
  • Nov 6, 2015 5:50am Nov 6, 2015 5:50am
Quoting sisse
...and first update after thet massive number (GAME changer!!! again)...we have the double whammy two massive game changers in both sides Euro and Dollar in the last weeks. For the 3er time this year all aligned in the euro ...the perfect storm is all set for DEC ... {quote} Euro clean sweep as widely expected with 1.073x tested sadly I was far from being loaded for this move ... well done to all that manage to ride it big from above. This move just locked euro all the way down to the 1.11xx handle... sisse
Nice level with your 1.073.

Question: You have the next level down as 1.0161. Is that a typo?? I would understand 1.06, but for price to skip thru the current last low without support??

As for me, I have a minor target at 1.069x that was just missed. Price looks to be at daily oversold here, so markets will need to rebalance a bit. Maybe a retrace up, maybe just wander here for a bit. I don't have a next level lower just yet, but 1.05 was strong last time & that's over 200 pips away so I'm sure there are at least some additional minor support levels before there.
defense wins championships
  • #137,624
  • Nov 6, 2015 6:00am Nov 6, 2015 6:00am
Quoting TuTang
MASSIVE OVERSHOOOT!!! {quote} Just a Minor Question tho Sisse, Will Equities across board enter RMT ? or will it prefer to stay in chop cause of ECB coming QE? Fundamentally, I think Equities will see strong profit taking from below, but with QE from ECB it is likely to stay in wide chop with more momentum to come down rather than more up (since we have major resistance above). How about your point of view? Thank you,
Yes it will trigger profit taking but it is STRONG number which is very positive for the economy that means 'buy the dip' with the FED hikes ... As mentioned in an earlier conversation the short term impact will be in the dollar not in equities...

Quoting sisse
--> A ECB QE + rate cuts will perfectly allow the FED to hike DEC too as it will offset most of the hike impact leaving equities pretty much 'unch' (wide chop zone) while buffering the short term 'tsunami' in dollar and in particular EURO (it will get hit in both fronts) .

Whatever the case, the perfect storm is aligning in the Euro...
Quoting seemoore
{quote} ...You have the next level down as 1.0161. Is that a typo?? I would understand 1.06....
Yeap I meant 1.061x...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #137,625
  • Nov 6, 2015 6:20am Nov 6, 2015 6:20am
Quoting sisse
{quote} Yes it will trigger profit taking but it is STRONG number which is very positive for the economy that means 'buy the dip' with the FED hikes ... As mentioned in an earlier conversation the short term impact will be in the dollar not in equities.....
Thank you, i'm currently watching both 2020 and 2080 (SP500) area for entry, 2080x been holding so far...... gonna have to wait for US to come in
  • #137,626
  • Edited 6:39am Nov 6, 2015 6:36am | Edited 6:39am
Quoting FX-Ray
{quote} You're right, typo, pardon. E/U @ major decision point; thats what I got so far; TP short: 1.0675; TP long: 1.1075 {image}
not sure if we get 1.0675* today, probably next week. great short anyway
  • #137,627
  • Nov 6, 2015 7:09am Nov 6, 2015 7:09am
Quoting sisse
Gold...
______$970(Steel Support)______$1080(strong)[check]______$1190(flip)[check]______$1240(strong)______$1300(Steal Resistance)
...and second update after the opining range... Clearing Gold 108x main (1088x) target manually after the opening range as bears are staring to cough at these levels after a the sharp last leg ... Losing 108x on the weekly unlocks the sharp final leg for the hikes play but we may need an extra push from Europe (bad numbers) next week to make a proper assault on the area.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #137,628
  • Nov 6, 2015 7:21am Nov 6, 2015 7:21am
Quoting sisse
{quote} ...and second update after the opining range... Clearing Gold 108x main (1088x) target manually after the opening range as bears are staring to cough at these levels after a the sharp last leg ... Losing 108x on the weekly unlocks the sharp final leg for the hikes play but we may need an extra push from Europe (bad numbers) next week to make a proper assault on the area. sisse
Both gold and oil really looking bearish for the weekly close at these levels especially gold as the "guaranteed" rates proxy. Bulls are sweating at 45.30 after the failure at 50 on Oil and gold closing around here to lock up 1115 and unlock the lows.
  • #137,629
  • Nov 6, 2015 7:54am Nov 6, 2015 7:54am
Quoting USD-Bear
{quote} collected half @ 156.20
collected remaining half @ 155.10 flat now
Don't be a hero. Don't have an ego. Always question yourself
  • #137,630
  • Nov 6, 2015 8:14am Nov 6, 2015 8:14am
Quoting USD-Bear
{quote} collected remaining half @ 155.10 flat now
you beat me on that update.... very very well done btw....

Third update for the european close. FGBL 154.9x hit and we are going to break W 157.1x unlocking the mid term leg to 145.7.

Quoting sisse
{quote} You may have a diamond with that position....A W break opens the mid term leg to 145.7x ....for now all eyes 157.1x or the W roll for a test 154.9x [check] with max ext 151.4 [in play] before DEC ECB...
From next week actively looking to load for a major ride in the upcoming weeks ....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #137,631
  • Nov 6, 2015 8:16am Nov 6, 2015 8:16am
Fool! Get santa on the batphone!
Attached Image
  • #137,632
  • Nov 6, 2015 8:27am Nov 6, 2015 8:27am
Superb active session across the board ...watch-out for equites losing foot. Taking profits 'in mass' expected in the US closing session. Early alerts triggered in S&P. Losing 2089.xx after Europe goes home could open a WTF moment across the board...

All eyes there even if you don't trade it ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #137,633
  • Nov 6, 2015 10:45am Nov 6, 2015 10:45am
Quoting Mr Hatch
{quote} It was a typo on my side, a missing "." It's 1.07071 I'm talking about. {image}


have a good one.
  • #137,634
  • Nov 6, 2015 11:21am Nov 6, 2015 11:21am
Quoting Pharm0r
Fool! Get santa on the batphone!
Santa's in the hottub, can't be bothered, no worries, the old "good news is bad news" meme will not stop the train, not yet, anyway. I am setting up for a late Dec vix pop on the outside chance that the Fed will hike at the Dec FOMC...at the same time I am still betting on US indices testing the Summer highs in late Nov/early Dec, & probably making new ones...
"If The Fool persists in his Folly he will become wise." - William Blake
  • #137,635
  • Nov 6, 2015 12:08pm Nov 6, 2015 12:08pm
Quoting sisse
...watch-out for equites losing foot. Taking profits 'in mass' expected in the US closing session. Early alerts triggered in S&P. Losing 2089.xx after Europe goes home could open a WTF moment across the board...
DOUBTful, long time to sit on cash between now and 12/18, ...plenty o time get these books into shape with some new high water....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #137,636
  • Nov 6, 2015 12:14pm Nov 6, 2015 12:14pm
Quoting Mr Hatch
{quote} have a good one.
I have 1.07067 as my low. Doesnt count!!
  • #137,637
  • Nov 6, 2015 12:25pm Nov 6, 2015 12:25pm
Quoting Mr Hatch
{quote} have a good one.
I hope you cleared above in a 'healthier' area and were not a 'dick' for a micro "," tick...

In any case, well done ...

Quoting The Fool
{quote} DOUBTful, long time to sit on cash between now and 12/18, ...plenty o time get these books into shape with some new high water....
Yeap we held steady the intraday break down 2089.xx but we are losing 2100.xx for the close.... Equities are set for extended chop zone until the end of the year with a short term leg down in between....

Fourth update after the massive reports (very busy day !!!) changing short term US equites outlook from NEUTRAL to SOFT SELL

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #137,638
  • Nov 6, 2015 12:30pm Nov 6, 2015 12:30pm
Quoting sisse
{quote} I hope you cleared above in a 'healthier' area and were not a 'dick' for a micro "," tick... In any case, well done ...
I kill those trades around 5% above their target to avoid that.
  • #137,639
  • Nov 6, 2015 12:35pm Nov 6, 2015 12:35pm
Quoting Mr Hatch
{quote} I kill those trades around 5% above their target to avoid that.
..thats what I thought ....

...1.073x for the roll but strangely as it may sound after such a move, the close today around these levels is pretty much irrelevant...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #137,640
  • Nov 6, 2015 12:47pm Nov 6, 2015 12:47pm
Quoting sisse
{quote} ..thats what I thought .... ...1.073x for the roll but strangely as it may sound after such a move, the close today around these levels is pretty much irrelevant... sisse
Quoting Mr Hatch
{quote} I kill those trades around 5% above their target to avoid that.
hi do you guys expecting to some correction from here in lower timeframes (H4/D1) ? about EU
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