Looks like we have to wait a bit longer. Don't know if 1171 will end up being the top. Seems like 1h stop held on by 1 pip. Wait another hour.

The Swamp

Hour didn't break. But closing so close to the top doesn't inspire confidence. Need price to drop below 1156 for bears to be clear.

The Swamp

Lol I'm hoping too. Hoping is never a good sign... Market painted a bearish break then sucker punched us and went long. But 1168 seems to be holding for now. Keeping that bearish bias until proven wrong.

The Swamp

ISM reaction stronger than nfp... Market really taking me for a ride. Above 1168 and It's back to bullish.

The Swamp

Ah forgot about this one...

The Swamp

I'm going to try shorting here. 1.1139 I really hope I'm not shorting into support.

The Swamp

manufacturing pmi coming up in ~1hour

The Swamp

Getting out with small loss. Will look for chance to short

The Swamp

Hmnn if price closes below 1140 I'm going to have to follow the bears... But will i be selling into support this time... ahh dilemma of a trend trader...

The Swamp

buyers are coming in... going to jump in with them. buy @1.1135 sl 1.1126

The Swamp

You need to teach me master. How...

The Swamp

nfp tho...

The Swamp

Yea. I'm currently sidelines. But looking to buy. Although I say that, realistically I'm not going to trade until nfp lol. Edit: I must say though... rumours on the street about a sub 100k nfp

The Swamp

This options expiry tho...

The Swamp

Price ended with a doji. Futures open interest went from 509.507 to 516.863 It might suggest that yesterday's battle included fresh sellers. But this also means that bulls probably haven't exited the arena yet. NFP today will change things. But IMO, ...

The Swamp

suddenly market doesn't know where to go... can't close below 1150, can't get higher either. I think I'm going to stop for today. Probably see you all for nfp tmr.

The Swamp

close at break even 1.1159. sucks to have to give up my japanese session profits. but beats a -ve day i can now take my time to plan my next trade

The Swamp

Gonna start dumping my positions.

The Swamp

Yea I realize that I might have bought into resistance. I'm going to start reducing my positions if price continues to get pushed down.

The Swamp

I think algos are at play. Honestly, the market knows by now that the trade deal was never really going anywhere. It's kinda like an open secret. Plus if the trade deal really failed, the fed is just going to cut rates even more. Which will only ...

The Swamp