Its a danger zone for my short from 1.0735… So I covered 30% at the bell at 1.0585… Ill re-engage on a stop order below 1.0520… or if we rise back through 1.0635 again Ill reduce further and re-establish my macro long with the alpha from the short.

The Swamp

108.50 or so is shaping up to be a major breakout point... especially if we go down first... Im talking my book here, but it sure seems like if we get a hiccup in fibre down to 1.03 or below and a proper rejection, we could really fly...

The Swamp

I got 108.80 on the DXY a the main quarterly target for this move off 103.88... should bring the euro down pretty good....who knows if it gets there though, hence my target of 1.0275 will likely prove conservative...

The Swamp

Filled...

The Swamp

Pending short at 1.0734 SL 1.0742 TG 1.0275 sounds crazy but those are the trades that hit once or twice a year and make ur whole year

The Swamp

Yeah, big area of confluence here... all centers around the day at its big quarterly level... I got 103.88 and a big gatekeeper for much lower on $DXY all eyes on the FI markets...

The Swamp

Im looking at 1.0735 to reduce my longs... not really ready to go outright short though

The Swamp

Lagarde could really poop in the punchbowl for the euro rally... she sounds super hawkish like usual... but does the market call her bluff before we get to some of ur bigger algo and tech levels higher up?

The Swamp

That's macro trading for ya

The Swamp

I got something close.... 105.58 on the ICE DX feed... gotta see the macro closes start consistently trading above or below that pivot to help us out...

The Swamp

Short term trend is still up.... loads of folks calling for the dxy to retrace to 109... not sure its going to do that without going a little lower first

The Swamp

Anything is possible.... loads of people have been long the dollar and short equities.... it would be a gift to everyone who got trapped by this move

The Swamp

Teflon Don can't be undone

The Swamp

Yup, pretty sure its time for call backspreads to shine I put on a bunch of SPY June 2x-350P/1x400C bffs with -450C on friday for a 1.50 credit. Its sort of a give up trade, but if the bears can retake 350 after a successful macro double bottom and ...

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Yeah, its been heinous for sure.... but with the yen pairs running 5000pts in under a year it more than gets paid for...

The Swamp

I had something similar... started buying at 9565... still long, macro targets are much higher.... but I typically hold positions for 6 months or more... certainly an interesting time to be trading at this level ... holiday friday afternoon after a ...

The Swamp

Nice brother, I just moved to the Florida Keys. Needed better trading hours now tat Im managing some sizable assets. It sort of sucks right now since I dont know anyone and Ive gotten nailed by 2 hurricanes already lol. But the latin culture is ...

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Yeah man, you nailed it for sure. EU been really respecting your PA pip perfect on these macro moves

The Swamp

This is the big boys on the bid. The guys that read FT and dont know how to turn on a computer. They can punch everything higher for weeks

The Swamp

Hey, dont talk about me like Im not in the room

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