Well, im not a day trader anyway, so if i were trading the us and eu equity markets (which i am)... I would be accumulating for a swing upwards (which i also am) October is statistically a bullish month on high volume, we are at the precipice of ...

Economic Analysis VS Market Action

US equity markets have been down for 7 of 8 days... we are getting into statistical extreme range even with this, we have not given up many points on the SPX... get ready for a major bull market soon QE is here to stay, party on! Federal government ...

Economic Analysis VS Market Action

cheers dude! looking forward to your awesome EW analysis as well! what do you think of my idea the GJ is perhaps looking to start a wave 3? Im trying to apply some EW to these longer term charts... Easier said than done on these triangulated pairs!

Sultans of Swing

I think your point is a good one... looking at the long term weekly picture certainly does orient us in another way But, I think you nailed it on the head when you said "USD/CAD is mostly affected by QE right now"... I think this is spot on, The ...

Sultans of Swing

cheers dude! my thread is dedicated to swing trading and global macro: Sultans of Swing url

EurAnalysis

I am also long cable on strong fundamentals and juicy technicals... Been so for a few hundred pips... Looking for ~64-65 as target practice before a meaningful retrace I posted this weekly chart w rationale on the cable thread a couple of weeks ...

Sultans of Swing

Idea GBP Strength + JPY Weakness = GJ Long note: two entry levels are shown, the safer entry is obviously after a qualified break of the supply line, either way, R/R is attractive for both from an EW view, we may be in the early days of an impulse ...

Sultans of Swing

there likely will be no material impact...

EurAnalysis

Ill draw up some charts, i think that level is close to the 127... Which would not be an ideal place for it to reverse considering the retrace at 23.6 Who knows...

The Club!

shutdown = usgov employees wont get paid and government functions not related to national security wont happen (BLS, Parks, etc) debt ceiling breach = us will default of its debt obligations (such as treasury coupon payments) = the world goes to hell ...

EurAnalysis

I figured! Its named after a dire straits track...

Sultans of Swing

Cable looks menacing on daily... Next stop could easily be in the ~64 area... And with the shallow retrace on the 23.6 it could get there in a hurry...

The Club!

PM'd it to you!

EurAnalysis

Tbh thats exactly why i took the time off... On a short term basis i hit a streak of 15 consecutive losers... Which was very tough! I needed to reset so i left... Not staring at screens for a few days can work wonders for a traders mindset and ...

EurAnalysis

Im short loonie and swissy for the last couple of hundred pips... Left em in the market when i went away.... Glad that i did I think the theme here is usd weakness and asian/em growth (ozzie kiwi zar sgd etc).. From a swing perspective anyway I ...

EurAnalysis

Hey Venzen! Thx dude, its good to be back... I was extremely burnt out after the fed announcement and the drama that followed, so i decided to go to the beach for a few days and not work... Looking fwd to a good final quarter of 13 And wishing you ...

The Club!

yea its all nonsense to scare the retail herd out of their short USD positions... the implications of a USGOV insolvency would have every government on earth shitting in their pants... aint gonna happen!

EurAnalysis

EJ time to take those shorts off??... (maybe) Daily image

EurAnalysis

EJ Swing Idea: I am not on this trade yet, waiting for a confirmation before I take the play Still, a nice R/R if the news out of the EU starts sounding a little better and we get a floor under the EURO... note: there are no timing studies on this ...

Sultans of Swing

Loonie Short Idea Theme is USD Weakness, which I expect will start dominating the newswires as the debt ceiling and government shutdown nonsense sorts itself out. It has been my view for a long time that Fed cannot afford US10T's at the level that ...

The Club!