I've been tracking this 1.155x - and holding longs - since Powell's tone shift at NY last Nov 28 ("Just below"). I have more or less the same target as you above, 1.1650, if that 1.155x is taken. 1.1650 is, on my chart, the last break down point ...

The Swamp

BTCUSD 1500-1000 looks far away to me, but I agree current ST leg (which I think is the exhaustion leg) is not over. It seems very doubtful that it will manage to keep on levitating at current levels. It looks set to tick in the 29xx. Personally, I ...

The Club!

IDC (=ICE url ) that aggregates data from different sources had it on their record too, high 1.1545. IDC 5mn chart on TradingView : image Looks like it's all EUR driven. IDC has 126.61 as high for EURJPY, and 1.1496 as high for EURCHF but back to ...

The Swamp

Well done, great call . I missed it. I was surprised by markets breaking "christmas truce" and squeezing the board last week. All fine now. Just need today both DJ and ES avoiding the break on Monthly. Still aiming a deep retrace on ES to ...

The Swamp

110.5 hit & Profit taking After retesting the last break down @ 111.4, price made a new LL =>Under this angle, all look set for a test of 109.4x/109.2x. I think it should be the final target of the ST swing. MT ...

USD/JPY Discussion

I think we had a very dovish FED and that it confirmed Powell's speech at Economic Club of New Yor on Nov 28. It's a major game changer for the Dollar and all the related pairs. Of course, that's a Central Bank so they have to make any changes as ...

EURUSD

After the double breakdown, 110.5x looks very reachable and should provide some PT. But I'm not sure if it's the final target targeted by the bears for this swing. Might be the lows of 109 handle. Let's see.

USD/JPY Discussion

There is a lot of US data tomorrow, particularly FED's favorite inflation indicator. After yesterday FOMC, I think that kind of data is going to be scrutinized more than ever (as any flop will tend to push FED further in the dovish path). Any miss ...

The Swamp

Next week, everybody will be busy skiing at Courchevel, Megève or Chamonix I think we are done for the year and maybe a few weeks but 100% agree for the MT I'm long in ES and aiming a meaningful dead cat bounce/retrace via ...

The Swamp

I think US Equities should hold at these levels via strong US Data. + Yesterday, FED was very dovish imo (right now equities just finishing the swing down) : They revised down to 2 hikes for next year but they will probably hike only once when you ...

The Swamp

I think the low is set in ES

The Swamp

Yes stand up America !

The Really Useless Thread

EZ inflation flop this month. With last Monday Draghis dovish comments on inflation, it seems now hard to expect something hawkish for the June meeting imo (yes we have improvements in both growth and employment fronts but inflation remains the one ...

The Really Useless Thread

After Draghi's remarks today, any big decision/statement at the June meeting seems less likely imo url "Despite a firmer recovery, and looking through the volatile readings in HICP inflation over recent months, underlying inflation pressures have ...

The Really Useless Thread

Looking forward to reading him. He really impresssed me when he went long at the top of the range in the Euro.

The Really Useless Thread

Thank you. I agree. Actually, on the ST, I am loaded for a while now , I made the mistake not to wait for a signal on calm waters (like now) and stupidly/blindly short the top of the range and then the extreme, ie. machine gun approach ...

The Really Useless Thread

Can I ask you what is your outlook ? Last sisses updates on this topic was Soft Sell for the MT and Neutral for the ST. I guess we are now in Sell for the ST (RMT triggered) but still Soft Sell for the MT, waiting for ECB next month ?

The Really Useless Thread

CME tool says now 87.7% probability for a hike image

The Really Useless Thread

Disappointing to see the thread can't regulate itself. Yes there is freedom of speech but the least of courtesies is to check the topic /main idea of the thread and where we are in the conversation before jumping on the table from nowhere.

The Really Useless Thread

Trying a map before going on holydays GL all !

The Really Useless Thread