The Swamp | Page 349 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: The Swamp
Exit Attachments

The Swamp

  • #6,961
  • Jul 10, 2016 11:41pm Jul 10, 2016 11:41pm
Good Morning !

Today's SR levels on MT4 Templates for EURO, CABLE, DAX, USDJPY & EURGBP
FX is a Bitc*h!, No one keeps me wake all night but FX does!!
  • #6,962
  • Jul 11, 2016 2:16am Jul 11, 2016 2:16am
Quoting ceetee
{quote} ​ Thanks for the reply. But why are Australian and New Zealand dollar rising? Oil is falling again and you still have the China fears in that region. I understand the relief rally in stocks, but if stocks are rising, shouldn't the Yen getting dumped especially against the dollar?
Election in Australia
  • #6,963
  • Jul 11, 2016 3:03am Jul 11, 2016 3:03am
Quoting Ken A
{quote} Election in Australia
Thanks Ken, so once this temporary rally is over, you expect these 2 to fall hard? The New Zealand dollar rallied hard against the USD but looking at the higher timeframes it looks to be running into resistance. Also looking at the world economy and China uncertainty, it would seem logical these 2 would start dumping?
  • #6,964
  • Jul 11, 2016 3:27am Jul 11, 2016 3:27am
Quoting ceetee
{quote} Thanks Ken, so once this temporary rally is over, you expect these 2 to fall hard? The New Zealand dollar rallied hard against the USD but looking at the higher timeframes it looks to be running into resistance. Also looking at the world economy and China uncertainty, it would seem logical these 2 would start dumping?
No idea - watch Jul 12

LDP just won a landslide and possible amendment to article 9 pacifist pro-peace after WW2

Jul12 - Abe is said to announce stimulus package also the arbitrary over South China Sea if the depopulation project (world resources unsustainable at current rate) will start from there
  • #6,965
  • Jul 11, 2016 3:43am Jul 11, 2016 3:43am
Quoting Ken A
{quote} No idea - watch Jul 12 LDP just won a landslide and possible amendment to article 9 pacifist pro-peace after WW2 Jul12 - Abe is said to announce stimulus package also the arbitrary over South China Sea if the depopulation project (world resources unsustainable at current rate) will start from there
Thanks for the insight Ken.
  • #6,966
  • Edited 4:56am Jul 11, 2016 3:53am | Edited 4:56am
pending s scalp ucad 3108 -20 will cover some as soon as possible if not s/o
edit : if bull 3057/3047 might give the entry
  • #6,967
  • Jul 11, 2016 4:45am Jul 11, 2016 4:45am
When do you think the market will calm down KEN ?
  • #6,968
  • Jul 11, 2016 5:37am Jul 11, 2016 5:37am
Quoting Anubisval
When do you think the market will calm down KEN ?
What do you mean calm down? I think you should be more specific with your question
  • #6,969
  • Jul 11, 2016 5:38am Jul 11, 2016 5:38am
got a buy on gu and eu now
  • #6,970
  • Jul 11, 2016 5:49am Jul 11, 2016 5:49am
Quoting Freelve
{quote} What do you mean calm down? I think you should be more specific with your question

You have point there ..


1 relation : eur/usd - gold is not the same
usd/jpy - eur/usd is not the same
dax - eur/usd is not the same

2 xau/eur is hystorical high


eur/usd and gold ... they are moving in oposite direction ! is not normal.
  • #6,971
  • Jul 11, 2016 6:04am Jul 11, 2016 6:04am
102.66 for quick s scalp on uj -20
edit : 102.66/102.79 * 79 better RR wise
  • #6,972
  • Jul 11, 2016 6:45am Jul 11, 2016 6:45am
Quoting ceetee
Gator, Ken or someone else can maybe help me out here. I was looking at the charts and I don't really understand the correlations anymore. Maybe I see it too simplistic. Yen and gold are generally safe havens in risk-off environments, they are both soaring, so risk-off. Oil is falling again, but the commodity currencies are rising especially New Zealand dollar. Stocks are also soaring, generally risk-off I guess. So looking at yen and gold it looks like a risk environment but it doesn't reflect in stocks and commodity currencies(I understand they...
don't take a few hundred pips/points in a uncorrelated abnormal opposite direction as a change. if one pair/commodity hit's a s/r while another does not, one may stall while the other continues on.
those who can, do. those who cant, talk about those who can
  • #6,973
  • Jul 11, 2016 6:50am Jul 11, 2016 6:50am
Quoting TuTang
{quote} Hi gator, R u trading the SnP500?, I see a norm at 158x.xx strong one, using MN chart...
no. several months back before brexit. summer 2013 levels indicated. usually after a dead cat. dead cat could test high, but shouldn't go above for target to remain valid. sometimes on a news driven event this fails and the high would break, but later still return to original unvalidated target.
those who can, do. those who cant, talk about those who can
  • #6,974
  • Jul 11, 2016 7:00am Jul 11, 2016 7:00am
i could be a cheerleader for either direction. less bearish with closes above 3022 41 48. bulls in green.. in a ponzi scheme u need fresh blood. bears need a LL or
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 41 KB
those who can, do. those who cant, talk about those who can
  • #6,975
  • Jul 11, 2016 7:03am Jul 11, 2016 7:03am
Quoting gatorinla
{quote} no. several months back before brexit. summer 2013 levels indicated. usually after a dead cat. dead cat could test high, but shouldn't go above for target to remain valid. sometimes on a news driven event this fails and the high would break, but later still return to original unvalidated target.
Yep, the move pretty much invalidated 158x but a close below 213x this week or this month will bring up that level again. Could be a global panic or risk move thats cooking in the back ground. Or it could be the upcoming election. Nobody knows
  • #6,976
  • Jul 11, 2016 7:20am Jul 11, 2016 7:20am
Time to short that YEN now that Abe won. I reckon we see some major stimulus packages kicking in to devalue YEN and boost stock index prices
  • #6,977
  • Jul 11, 2016 7:29am Jul 11, 2016 7:29am
I got a feeling we will see another 1-2% YEN drop tomorrow. This is BOJ intervention we saw today for both stock market and currency devaluation
  • #6,978
  • Jul 11, 2016 7:35am Jul 11, 2016 7:35am
Quoting gatorinla
i could be a cheerleader for either direction. less bearish with closes above 3022 41 48. bulls in green.. in a ponzi scheme u need fresh blood. bears need a LL or {image}
2933???????????????????? lets see what's on the plate.
Attached Image
those who can, do. those who cant, talk about those who can
  • #6,979
  • Jul 11, 2016 7:44am Jul 11, 2016 7:44am
SPX made new high at 2138 ????
  • #6,980
  • Jul 11, 2016 7:58am Jul 11, 2016 7:58am
Quoting Don96
SPX made new high at 2138 ????
than i eat some crow,
those who can, do. those who cant, talk about those who can
22 traders viewing now