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johncen replied Jan 28, 2026drop from London yesterday almost wiped. If 1h closing back above 1205 before London i guess we are done with this pull back
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johncen replied Jan 28, 2026EU corrected to 1890-1900 level and bounced since Powell press con. is correction done?
The Swamp
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johncen replied Jan 28, 2026not sure if 1890-1900 is all we get and we go back up. Let see what London open has to offer. tomorrow is the end of the week and the month
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johncen replied Jan 28, 2026pretty un-eventful fomc as expected. Market seems like thinking Powell is dovish but i m thinking more neutral. eu bounced off first support level 1890-1900 (38.2 fib for this wave) i guess we still have good chance to retrace back to 1830 before ...
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johncen replied Jan 28, 2026we are still in bull territory on 1h timeframe. No hourly closed below 1990 yet
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johncen replied Jan 28, 2026indeed, i guess after running for 500 pips in less than 2 weeks, bull should pause for a bit. Let see if we will first get a pull back. As of now the uptrend structure remains. Trendline remains and getting steeper!
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johncen replied Jan 28, 20261743 my key level. As long as we are above it is bullish. Even if Fed is Hawkish (most people expect Fed to keep rate unchanged this round) but with a new Fed Chair coming in. Market may ignore Powell. the problem is any news no matter good or bad, ...
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johncen replied Jan 27, 2026Likely to see another week and also monthly closed above 1743. I have 1890 and 1830 as potential target for a pull back and buy opportunity. I m not in any trade now. Need sometime to digest all these
The Swamp
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johncen replied Jan 27, 2026i have 1890 and 1830 as my levels of interest. Not sure if we will get there. we didnt go back to retest 1743 but there is no guarantee we will, in the near future. Just like there were a lot of those levels untouched since Mar last year when we ...
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johncen replied Jan 27, 2026its bullish across all tf. When we discussed about 1.2 last October, at that time it seems like we are still testing the bottom of a long term usd uptrend. But now after 6 months consolidation and a breakout. The entire dedollarisation has just ...
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johncen replied Jan 27, 2026got this on my daily. It may means nothing in a strong trend like this
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johncen replied Jan 27, 2026Recommendation is not to fight against this strong trend and we have fomc later today. With new Fed chair about to be announced and pa above 1.2 it opens up a massive room above. not sure if daily channel means anything. I will probably skip trading ...
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johncen replied Jan 27, 2026yea that was very significant and from then i know we are going to set a new high.
The Swamp
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johncen replied Jan 27, 2026yea which could be the beginning of a downtrend. Meaning 1.2 is unlikely to be the top end of the week/ month end level would help to indicate if it is a confirned breakout
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johncen replied Jan 27, 2026I have been watching this downward trendline on weekly for a while and is at 1.2 now not sure if it will do anything
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