It's too bad I haven't woke up when that trade deal went sour. I would have loved to get out of my leftover shorts. Might have to close those with a small loss now. If price falls back to 0968ish I'll start looking for a long. Or if it breaks 0990 ...

The Swamp

I guess the recent eu move is due to trade talks. And now I know. If trade talks fail, The case for another round of rate cuts will strengthen. Sell dollars, buy euro. Above 0990 is confirmation. The question is when will it pop. It all hinges on ...

The Swamp

are the eu bears finally out? was wondering where they were at. Literally no resistance at all since the breakout yesterday.

The Swamp

Short here 1.0980 SL 1.1004 Will short a bit more if it reaches 1.0990 Honestly though... I don't like that bulls have so much strength. Not after closing lower yesterday.

The Swamp

Surprisingly strong reversal from bulls. Or is it simpy lack of bears?

The Swamp

Lol that's really high. But I'll be sure to short there too

The Swamp

pending eu short 1.0963

The Swamp

cut my longs. looking for shorts.

The Swamp

long 1.0965 1h stop @ 1.0963. 40 mins to go. Close below and I'll reverse.

The Swamp

lol what do you do for a living boulder? I'm amazed you have time to do meetings and trade.

The Swamp

bulls are going to try to hit 1.1 with that. fundamentals just gave them a reason to try before options expire.

The Swamp

It's hard to say. Currently price action suggests that sentiments have changed. Or at least something in the market has changed. Markets are a bit out of sync. If you assume people are trying to price in another rate cut by the fed, gold should rise ...

The Swamp

COT is a week late. We only know data up till tuesday. All that bad PMI and nfp could have changed the sentiment.

The Swamp

cashing out a bit more of my longs 1.0995 Leaving a bit more to run as far as it wants. If it can close above 1.1002, I'll start to reload longs on pullbacks.

The Swamp

tp some long here 1.0991 Will close more as it goes higher.

The Swamp

Lol good ol GS. Every time they give a recommendation just trade the opposite of what they suggested.

The Swamp

meh missed the buy in at the low. Will go back in if there's a chance. Still long biased as long as 0963 is not broken. Trading plan remains the same: Buy as close as possible to 1.0963. Sell as close as possible to 1.1000

The Swamp

image Sentiment turning bullish.

The Swamp

If we break 1.1, The first target is 1.1014. Break that one and we get 1.1081 Break that one and we get 1.1145. <--- gator waiting to short here. Right now option wants to pull to 1.1. After expiration we'll probably see the real move.

The Swamp