wondering if we'll hit 20% limit today. At this rate seems like we'll come close to 15%

The Swamp

eu weekly and monthly sma 1.330. Up move may finally stop for a while. But don't quote me and start picking tops.

The Swamp

Perhaps you should start by not trading such a big amount that you could swing from -60% to +300%. Then maybe you can go study some basics by buying books or attending a class of some sort. I understand your enthusiasm, but it is highly unlikely ...

The Swamp

elections have always been won by the most popular people, not the most capable. And like it or not, trump knows how to market himself. Although, I really hope he doesn't get reelected. He introduces an element of uncertainty to the markets which I ...

The Swamp

you mean like the most important mover is coming up in 2 mins? german manufacturing pmi is coming up

The Swamp

very positive zew sentiment. but euro didn't even budge 5 pips higher. probably waiting for fed and ecb. shorted some euro.

The Swamp

trump just said trade discussion with china is doing well. took him 1 day to change his tune. that guy really runs his mouth on a whim

The Swamp

Market just wanting any reason to move. NFP this week is probably going to be a bigger mover. If data isn't good, equities start tanking right before christmas, trump is going to sing a new tune about how he wants to strike a deal with china again.

The Swamp

lol trump is a madman with a loose trigger... the guy tweets at 5am. Who the hell is even up so early.

The Swamp

I've cashed out some shorts at 1072. I have a quarter position running. Tentatively set my tp for this last bit @ 1057

The Swamp

looks like we're correcting. Trump is doubling down on his threats again. Seems like we might not get a trade deal again. image

The Swamp

trump opened his mouth again. are we going to correct here?

The Swamp

btw we've hit the daily atr. There might be a pause at 1043

The Swamp

I agree with your analysis. But the question now is at what level will it turn. I have 1052 and 1080-1090. It should be one of these 2 levels.

The Swamp

image I got a signal to go long on technical analysis. Circled area might be a contentious point. But judging from the mixed price forecast analysis, I doubt we will see much action until end of the week where nfp data comes out. Fundamentally ...

The Swamp

I keep saying this, but be careful of month end rebalancing. It will happen near to UK close. Equities had a big run up this month, so funds will sell dollar to hedge currency exposure. We're already seeing usdx fall back below 98.44

The Swamp

You will have to watch today's close. if it closes above 1.0990, there's a good chance we may see a bounce next week. Strictly speaking, on a daily chart, we have not had a higher high. And neither do we have a lower low. So it is likely that we're ...

The Swamp

going to call it a week/month. I currently have a signal to short EU. But that 1h rejection suggests that we might not see lower today. Plus I still think that the rebalancing might still happen maybe in 1 or 2 hours. And it should be dollar ...

The Swamp

still trying to decide whether or not to go short @1.0991/1.0993. I got a signal to go short... But I keep thinking month end rebalancing will send the dollar down.

The Swamp