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gellowmellow replied Jul 27, 2020Do you think it's Yen time? I stopped my buys, last at 105.3. The other pairs stalled a bit, but given the weakness of DX, UJ testing 105 104.
The Swamp
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gellowmellow replied Jul 27, 2020Just waiting for 1740+... 1729 is WPP+61.8 fib of last week's range (256). WPP+256 at 1827, very achievable with current momentum.
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gellowmellow replied Jul 26, 2020Have waited enough, gonna start building small shorts next week, will hold. Everything looks bullish for EU, everybody should be buying or at least shifting/shifted to. I also believe this is driven by USD weakness and not EUR strength; USDCHF down, ...
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gellowmellow replied Jul 24, 2020This is the 3rd consecutive week EU consumes the previous week's range. Same thing happened last bull run last week May - first 2 weeks of June. Difference so far, now it is not printing long wicks H4 - neither long tails though.
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gellowmellow replied Jul 23, 2020Geopolitical tensions nowadays don't seem to move EU down much unlike when DX bulls was trending 98-100. DX is infested with Corona uncertainties, a strong currency needs a strong fundamentals so the risk on/off doens't seem to work nowadays. EU ...
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gellowmellow replied Jul 23, 2020Looks like AUD is weak against other pairs as well. And that daily engulfing on AJ looks nice, good luck! I should check these pairs more often...
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gellowmellow replied Jul 23, 2020Yen is strong across the board, even EJ is getting pulled down. UJ might be hard on 106 support but worth watching. I'm into buying these days, UJ waves are tolerable than EU - but will flip if 105.9-106 gives up.
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gellowmellow replied Jul 23, 2020...anddd DX hits March low finally, let's see from here and the days to come.
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gellowmellow replied Jul 22, 2020Good morning, it's green. Secured +5 on this, then letting it run. Expecting not much, today's might just become like yesterday's but let's see.
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gellowmellow replied Jul 22, 2020DX almost at March low, a bit more or one day more of push.
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gellowmellow replied Jul 21, 2020Sleepy... will be waiting this week for 1500+ levels before taking my chance on EU. Probably once DX March low coincides current PA... that maybe the time.
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gellowmellow replied Jul 20, 2020Last week's range + this week's WPP around 1544. Last month's range + this month's MPP around 1573. I think 1600+ might be far this week if the deal is lesser than 400bn. 500bn is already out of question... but I donno how the market will react. ...
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gellowmellow replied Jul 20, 20201485-6 is being waited... MR2/WR1 doesn't look sturdy. Hope this EUCO ends soon, looks like they will have a deal after dragging a lot, lesser figure (~395 vs 500). I can't trust EU and other pairs with this thing going on.
The Swamp