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The Swamp

  • #4,341
  • Apr 28, 2016 5:38am Apr 28, 2016 5:38am
Where's Maxdoom? Retired in his château in his silk nightwear?

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  • #4,342
  • Apr 28, 2016 5:38am Apr 28, 2016 5:38am
Eu trying to break for 1.4?

M5 triangle?

or not
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  • #4,343
  • Apr 28, 2016 5:58am Apr 28, 2016 5:58am
Quoting USD-Bear
{quote} too risky for me, might try around 1.195 if it gets support there
I see it's in bearish trend , this is the area I'm talking about (red box/blue area) couple of levels ...I'm expecting a sideways market between these gray areas (S/R) ... let's see I'll be careful thanks for level btw
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usdcad daily chart
  • #4,344
  • Apr 28, 2016 5:58am Apr 28, 2016 5:58am
Quoting stylinex
That YEN is down almost 3% today which is a lot in my opinion. Getting closer to Morgan Stanley's target price of 106 now and further away from Goldman Sachs target price of 130. I closed my DAX position at 10,200 which was a bit too early but none the less a profit. I am still bearish long term on the YEN and Japan needs a weak YEN to sell their products to all them Chinese and Asian tourists to make up for export losses.
when did morgan s post that? i bet it was after myself.
those who can, do. those who cant, talk about those who can
  • #4,345
  • Apr 28, 2016 6:06am Apr 28, 2016 6:06am
nice drop
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those who can, do. those who cant, talk about those who can
  • #4,346
  • Apr 28, 2016 6:09am Apr 28, 2016 6:09am
Awwwwww yeah tempers are high this morning! Looks like we got some people caught on the wrong side of the market
  • #4,347
  • Apr 28, 2016 6:13am Apr 28, 2016 6:13am
Bought USD/JPY 108.1, target 111.1, SL 107.1
  • #4,348
  • Apr 28, 2016 6:17am Apr 28, 2016 6:17am
my daily supports in the yen....107.77 was tested last time down, but held...106.77/80 is a daily weekly cobo, below there, well I'll have to look....
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Look Sharp/Trade Tight
  • #4,349
  • Apr 28, 2016 6:19am Apr 28, 2016 6:19am
List of things I am not looking to do today:

1. Long UJ

Have a good day 'gents
  • #4,350
  • Apr 28, 2016 6:31am Apr 28, 2016 6:31am
Quoting PayTheLimit
might look for a long scalp in GBPJPY on a test of 156.60... {image}
this GJ level looks, good, found a tad more support just below, and it has room to 157.90....will look for some short term PA to enter after a test...
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Look Sharp/Trade Tight
  • #4,351
  • Apr 28, 2016 6:31am Apr 28, 2016 6:31am
aj at some point may be trying for 96.09 norm. it may have set up a 95.20 target. 77.56/81.97 may be bounce zone. this would/may stick a pencil in s/p going to summer 2013 levels. one is probably wrong. i think it's the aj, i dont know for sure. either a aj bounce or a decent market drop.. it is possible aj close to 77.56 would fit s/p summer 2013. time will tell.
aj approaching 81.97. 20 pips above atm
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those who can, do. those who cant, talk about those who can
  • #4,352
  • Apr 28, 2016 6:36am Apr 28, 2016 6:36am
Quoting gatorinla
aj at some point may be trying for 96.09 norm. it may have set up a 95.20 target. 77.56/81.97 may be bounce zone. this would/may stick a pencil in s/p going to summer 2013 levels. one is probably wrong. i think it's the aj, i dont know for sure. either a aj bounce or a decent market drop.. it is possible aj close to 77.56 would fit s/p summer 2013. time will tell. {image}
gots some shorterm AJ support also near there..
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Look Sharp/Trade Tight
  • #4,353
  • Edited 6:58am Apr 28, 2016 6:48am | Edited 6:58am
cad and brent oil 56.26 (u-cad 1.1873) may have a date still.. before oil 14.11/14.10..next crises to read about in future. lots of time left over the next year or so for goldman etc to explain the hindsight.. lets see if we can do it before... saudis pumping more along with iran. china using less oil.. u.s. scraps 1 million cars a month and adds/replaced with newer energy efficient ones. it dont matter what excuse real or not.. it just has to be explained for some to grasp. and others can sell the dream.
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those who can, do. those who cant, talk about those who can
  • #4,354
  • Apr 28, 2016 6:48am Apr 28, 2016 6:48am
Quoting edyraper
dxy hourly closed below 93.84 less bullish {quote} which one ?
dxy H4 also closed below 93.84 , now testing it
  • #4,355
  • Apr 28, 2016 6:57am Apr 28, 2016 6:57am
Waiting GDP#

Inserted Video
  • #4,356
  • Apr 28, 2016 7:14am Apr 28, 2016 7:14am
Quoting Ken A
Waiting GDP# https://youtu.be/N7UuU_RCK4s
looks tasty..
Look Sharp/Trade Tight
  • #4,357
  • Apr 28, 2016 7:20am Apr 28, 2016 7:20am
Quoting gatorinla
{quote} when did morgan s post that? i bet it was after myself.
Here..
http://blogs.barrons.com/asiastocks/...to-dollar-yen/

Morgan Stanley now sees the yen to end the year at 106 per dollar.

  • #4,358
  • Apr 28, 2016 7:23am Apr 28, 2016 7:23am
Quoting edyraper
{quote} will you long usdjpy around here 108 area ?
Not yet because surely they knew it would drop further today after what they were going to say. I depends on how long you are though. I you can hang for 6-18 months maximum pain then yes you could buy now and you will make money long term but if it is short term I think we now have a possibility that the YEN climbs to 105-106
  • #4,359
  • Apr 28, 2016 7:33am Apr 28, 2016 7:33am
Prelims keep missing but revised keep beating
  • #4,360
  • Apr 28, 2016 7:34am Apr 28, 2016 7:34am
Quoting Ken A
Waiting GDP# https://youtu.be/N7UuU_RCK4s
0.5% vs 0.7% not too big of a difference. German unemployment numbers were worse
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