- Search Metals Mine
- thelws replied Jun 2, 2020
The guys in my office has been talking about a collapse of risk for almost 2 months now. But market kept going higher. And again... there's no trigger to risk off. Something has to happen for market to change it's mind.
The Swamp
- thelws replied Jun 2, 2020
I'm not saying that it won't go down. I personally think the upmove is overdone. There has to be a pullback of some sort for people to reload if they want to. But nobody is going to initiate the sell off unless there's a trigger. At first I thought ...
The Swamp
- thelws replied Jun 2, 2020
There's no trigger to short eurusd. At this rate it will continue to go up. Probably a chance will come on thursday when ecb speaks. For now it seems like it will slowly creep up. It has already ignored china's trade news and riots in US. The only ...
The Swamp
- thelws replied May 27, 2020
The real question is more like how low will eu go before they find support.
The Swamp
- thelws replied May 26, 2020
Indexes failed to maintain a high yesterday. This thursday will be the hk bill voting. And trump is supposed to be briefed about the situation by the weekend. Gotta be careful with being too risk on. For now bias is for risk on to continue. But it ...
The Swamp
- thelws replied May 26, 2020
cashing out the rest of my positions. I expect sellers to start coming in 0954-0964. Will wait for price to drop lower before going in again.
The Swamp
- thelws replied May 24, 2020
anything under 5mil units you'll hardly feel anything. Anything over and you will get about 0.2-0.5 pip slip. That's on eurusd. Other pairs will be wider.
The Swamp
- thelws replied May 22, 2020
They striking when the iron is hot. Right now trump is really weak. He's got an election to fight, a pandemic to handle. And he can't handle any of it. Expect china to be more bold all up to reelection.
The Swamp
- thelws replied May 22, 2020
You're right. China is flexing a lot on US because they know trump is incompetent.
The Swamp
- thelws replied May 22, 2020
Honest though... I like volatility. I just don't like unpredictable volatility. Trump is unpredictable volatility. It's cancer for trading. Literally forces me to stare at the screen just in case he talks.
The Swamp
- thelws replied May 22, 2020
China tried to pull back? They said nothing about stopping the HK bill which gives china authority to make laws over their democratic process.
The Swamp
- thelws replied May 22, 2020
If trump opens his mouth and sound even a little bit retaliatory against china, it will fall. And knowing trump, he will open his mouth. So I'm already expecting it to fall lower
The Swamp