The Swamp | Page 313 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: The Swamp
Exit Attachments

The Swamp

  • #6,241
  • Jun 24, 2016 11:31am Jun 24, 2016 11:31am
Quoting gatorinla
{quote} look at it like this.. 45ish years ago honda rolled out its first car in u.s. built from factories the marshall plan helped build. call it "u.s. shooting itself in foot economic wise." a few years earlier vw. around the same time u.s. oil production peaked. the u.s. left the gold standard.. oil embargo, opec started feeling its oats.. so for 45 years the yen has been manipulated to help japan. the rooster is coming home to roost.. negative rates atm.. so what are they gonna do now? threaten us with more negative rates.. when atm negative...
Cool, thanks for that explanation. Makes a lot more sense now
  • #6,242
  • Jun 24, 2016 11:35am Jun 24, 2016 11:35am
Quoting giveachance
{quote} Max trading style is a bit different. he is a master of dax and euro. if he sells u sell.
This time he bought while others were bearish. I was looking to sell the pops but he seemed bullish for a pullback. Perhaps he is right and he may be right if EU intervenes later today or next week. I am curious though as to why someone would be bullish now that bad news was out. I like to look at both views from those that are bearish and bullish.
  • #6,243
  • Jun 24, 2016 11:39am Jun 24, 2016 11:39am
Quoting gatorinla
{quote} look at it like this.. 45ish years ago honda rolled out its first car in u.s. built from factories the marshall plan helped build. call it "u.s. shooting itself in foot economic wise." a few years earlier vw. around the same time u.s. oil production peaked. the u.s. left the gold standard.. oil embargo, opec started feeling its oats.. so for 45 years the yen has been manipulated to help japan. the rooster is coming home to roost.. negative rates atm.. so what are they gonna do now? threaten us with more negative rates.. when atm negative...
I am trying to see how Abe or the Finance Minister of Japan would possibly allow YEN to climb to under 70 from just over 125 as their economy tanks and lags just before the Olympics that they are supposed to hold in Japan. Financially and economically this makes zero sense for Japan just as oil at $15 would for pretty much any country. You think there is chaos now in Venezuela at $48 per barrel of oil. Just imagine what would happen in Africa and Venezuela at $15 per barrel of oil
  • #6,244
  • Jun 24, 2016 11:54am Jun 24, 2016 11:54am
Quoting stylinex
{quote} This time he bought while others were bearish. I was looking to sell the pops but he seemed bullish for a pullback. Perhaps he is right and he may be right if EU intervenes later today or next week. I am curious though as to why someone would be bullish now that bad news was out. I like to look at both views from those that are bearish and bullish.
He bought the DAX because it was an overreaction and it hit the pivot and stopped
  • #6,245
  • Jun 24, 2016 12:01pm Jun 24, 2016 12:01pm
Quoting stylinex
{quote} I am trying to see how Abe or the Finance Minister of Japan would possibly allow YEN to climb to under 70 from just over 125 as their economy tanks and lags just before the Olympics that they are supposed to hold in Japan. Financially and economically this makes zero sense for Japan just as oil at $15 would for pretty much any country. You think there is chaos now in Venezuela at $48 per barrel of oil. Just imagine what would happen in Africa and Venezuela at $15 per barrel of oil
what do u mean "let". my point is they dont have any control, of the monster they created. its nothing to do with let. markets are bigger than central banks. the usd should be strong and eventually probably will be.. but now the easing of others that allowed past foreign investment. is prone to go back to country of origin. who has eased more than japan compared to gdp? when investment in markets are brought back to japan, yen demand occurs. when equities/investments are in trouble, more yen come home.
easing means nothing if there is nobody willing to borrow compared to redemptions.. redemptions can easily eat easing. 45 years worth
those who can, do. those who cant, talk about those who can
  • #6,246
  • Jun 24, 2016 12:10pm Jun 24, 2016 12:10pm
Quoting gatorinla
gu has closed above the mentioned 1.36. a close now possibly as small as an hour, above 1.3640. can/ may be bullish toward 1.4119. next h is a 4h
nice 200+ bounce
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 13 KB
those who can, do. those who cant, talk about those who can
  • #6,247
  • Jun 24, 2016 12:15pm Jun 24, 2016 12:15pm
Quoting gatorinla
{quote} what do u mean "let". my point is they dont have any control, of the monster they created. its nothing to do with let. markets are bigger than central banks. the usd should be strong and eventually probably will be.. but now the easing of others that allowed past foreign investment. is prone to go back to country of origin. who has eased more than japan compared to gdp? when investment in markets are brought back to japan, yen demand occurs. when equities/investments are in trouble, more yen come home. easing means nothing if there is nobody...
What do you see on Chinexe Yuan? It actually strengthened today. I was surprised
  • #6,248
  • Jun 24, 2016 12:20pm Jun 24, 2016 12:20pm
ps counter whats being said by the experts.. the eu and gu to a lesser degree of yen can become stronger.. gu can go to 1.7 in earlier in week chart.. its normal to do just that. earlier in week chart explains somewhat.
those who can, do. those who cant, talk about those who can
  • #6,249
  • Edited Jun 25, 2016 4:12am Jun 24, 2016 12:21pm | Edited Jun 25, 2016 4:12am
Come on people, sign-up!.......There is still hope before the UK goes completely through the looking glass...

https://petition.parliament.uk/petitions/131215/

Currently getting 10 signatures per second.....

edit, now roughly 100 per second
Attached Image (click to enlarge)
Click to Enlarge Name: UK Ref Petition.JPG Size: 77 KB
  • #6,250
  • Jun 24, 2016 12:46pm Jun 24, 2016 12:46pm
Quoting cspip
Come on people, sign-up!.......There is still hope before the UK goes completely through the looking glass... https://petition.parliament.uk/petitions/131215/ Currently getting 10 signatures per second..... {image}
i am drafting a third one...
those who can, do. those who cant, talk about those who can
  • #6,251
  • Jun 24, 2016 1:48pm Jun 24, 2016 1:48pm
dow down almost 600.. down for the year.. gee who said deadcat..
those who can, do. those who cant, talk about those who can
  • #6,252
  • Jun 24, 2016 2:48pm Jun 24, 2016 2:48pm
Quoting gatorinla
nothing going on here, 1256 eu an attractant.. charts are probably worthless for more than a scalp in st. until results are known and knee jerk dust settles. b.e. early and dont let one get out of hand. it may be best to sit out because your stops may have slippage.. i expect many not to have this discipline.. i expect tears and sob stories soon/tomorrow. margin calls in vogue expected.
money has changed hands..odds are, the disciplined have it. even many professional hedge fund traders are looking for work today. not sure about brokers going belly up atm
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 17 KB
those who can, do. those who cant, talk about those who can
  • #6,253
  • Jun 24, 2016 3:28pm Jun 24, 2016 3:28pm
Quoting gatorinla
{quote} money has changed hands..odds are, the disciplined have it. even many professional hedge fund traders are looking for work today. not sure about brokers going belly up atm {image}
Lol. Plenty got their accounts wiped out today
  • #6,254
  • Jun 24, 2016 3:33pm Jun 24, 2016 3:33pm
Quoting gatorinla
ps counter whats being said by the experts.. the eu and gu to a lesser degree of yen can become stronger.. gu can go to 1.7 in earlier in week chart.. its normal to do just that. earlier in week chart explains somewhat.
I have placed a long on gu targeting 1.7. Lets see if the norm works out for me
  • #6,255
  • Jun 24, 2016 6:17pm Jun 24, 2016 6:17pm
Good weekend everyone.
  • #6,256
  • Edited 8:42pm Jun 24, 2016 8:31pm | Edited 8:42pm
Quoting Freelve
{quote} I have placed a long on gu targeting 1.7. Lets see if the norm works out for me
i have it far back in mind.. i have been stopped out 3 times already. i may get stopped out a dozen more. 1.7 now is tin hat dreaming. i would be glad to see 1.4119 to start (small pending s there). momentum with trend is against u. a turn may have dozens of false starts. i wouldn't count on 1.7 just yet. it broke a db.. 1.7 is 3400 pips from here.. a turn may take that many to reverse to 1.7.. parity is about that many lower.. tech wise target is below that..tin hat below. before target, a bounce to 1.7 is normal.. bottom has a large area to build it. we dont know when or where.. some evidence will slowly change pa.. untill, trend is down
those who can, do. those who cant, talk about those who can
  • #6,257
  • Jun 25, 2016 2:06am Jun 25, 2016 2:06am
Quoting gatorinla
dow down almost 600.. down for the year.. gee who said deadcat..
For the first half of the year. We have to keep in mind that the DOW and DAX usually rally in the last quarter of the year. Usually last 2 months into Christmas
  • #6,258
  • Jun 25, 2016 2:13am Jun 25, 2016 2:13am
Quoting gatorinla
{quote} money has changed hands..odds are, the disciplined have it. even many professional hedge fund traders are looking for work today. not sure about brokers going belly up atm {image}
People like to play Hide Seek here (invisible).
That Owl would be pretty Fucked were a snake to go in there.
Attached Image (click to enlarge)
Click to Enlarge Name: image.png Size: 1.8 MB
  • #6,259
  • Jun 25, 2016 8:08am Jun 25, 2016 8:08am
Greenspan thinks the Shit is about to hit the fan
https://us.yahoo.com/finance/news/wo...150954491.html
  • #6,260
  • Jun 25, 2016 9:31am Jun 25, 2016 9:31am
Quoting stylinex
Greenspan thinks the Shit is about to hit the fan https://us.yahoo.com/finance/news/wo...150954491.html
Alan Greenspan is ex Federal Reserve chairman. Do you expect him to say anything different if you know what this project EU is all about?
53 traders viewing now