Cash out long 1.0984

The Swamp

image 1h holding. Buy the bottom. Sell the top.

The Swamp

Are we talking about the same thing? dollar index added more longs than short in cot.

The Swamp

With you 1.0976 Btw I'm building long positions in anticipation of a breakout on a slightly longer term idea. Will add if it drops lower. SL at 1.09555

The Swamp

Looks like up till tuesday last week, people were still buying dollars. But can't help thinking that they reversed their positions after the nfp. Price seems to disagree with cot report. But then again, COT is usually 1 week late.

The Swamp

would really like to see that cot report after end of today.

The Swamp

actually you guys make me wanna try some swissy. But I got burnt last time with that stupid intervention. Never touched it ever again lol.

The Swamp

Nah screw that. Going to book half here 1.0982. The remaining half will just run.

The Swamp

Move stop to BE. Set half tp to 1.0985. The rest will run. Probably no more trading for today. Just watch the chaos as it unfolds.

The Swamp

Market still very split atm. image

The Swamp

went back in long at 1.0965 same sl at 1.0955 Tp open. If price can't go past 1.0977 I'm going to close and stay sidelines. Probably call it a day

The Swamp

1)1.0959 had some serious buyers. 2)Risk reward to go long at this point is better. (Sl 1.0955, tp maybe at 1.0990) 3)My funnymentals believes that data is bad. Fundamentally fed should want to ease. Should be dollar negative. 4)1h stop held 5)4h ...

The Swamp

Stopped out at be. Will re-evaluate. Might still go back in long

The Swamp

move sl to break even.

The Swamp

Long eu 1.0966 SL 1.0955 TP open

The Swamp

damn I chickened out on my own analysis lol. Meh. Another chance will come

The Swamp

EU upward momentum too strong. Going to have to rethink that short... Still looking to short because of r:r But not as bearish as before.

The Swamp

image image Going to start looking for shorts on EU. Anywhere from 0970 to 0980 has excellent risk reward. Trading light because nfp coming up next.

The Swamp

Meh can't even get 0955. Cashed out all my longs. Calling it a day.

The Swamp

I'm going to start offloading my longs now. Doesn't seem like price can push higher for now. If price reaches 0960-ish will start looking for short setups.

The Swamp