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The Swamp

Witness eruption. I haven't been there in 18 years.
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those who can, do. those who cant, talk about those who can
Quoting gatorinla;14233994[COLOR=Red
]Gold/ usd above 1740 is bullish to me. [/color]ATM it sits above at 1756 Gold/euro below 1688.67 is bearish ro me. ATM pa sits at 1687 Eu Above 1.0303 is bullish to me. Atm pa is at 1.0410 The closer trade to those bear/bull numbers i the gold/euro. The closer if right has the least amount of risked slip. This pair being so close may need to find the equilibrium a little higher than that yellow line at 1688.67.To catch up to the spacing those others have, The usd looks weaker based on where it sits.
Gold is testing 1739.96.. Below it on a day close may be bearish. Above it is bullish to me. The day 200 ema at 1759.xx. Pa is below the day now. The 12h is at 1725.
The 200 4h ema is at 1714..

Eu is testing some support at 1.0331.. Below 1.0300. close is bearish to me. A day close below 1.0331 may indicate a test of 1.0300. Tomorrow it may be able to close below 1.300. Time will show a more likely way. closing below 1.331, but not below 1.0300. Could lead to a bounce.
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those who can, do. those who cant, talk about those who can
Don't understand why gold is not able to break 1740 its been more than 6 hours.while euro aud gbp are making new lows
1.0389 looks doable.
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Quoting euroboy2208
Don't understand why gold is not able to break 1740 its been more than 6 hours.while euro aud gbp are making new lows
the usd is weaker. eu didnt break 4h support, neither did gold close a 4h or day below 1739.96. Gold is on support at 1739.96. It needs a larger time close below.

Quoting gatorinla
{quote} Gold is testing 1739.96.. Below it on a day close may be bearish. Above it is bullish to me. The day 200 ema at 1759.xx. Pa is below the day now. The 12h is at 1725. The 200 4h ema is at 1714.. Eu is testing some support at 1.0331.. Below 1.0300. close is bearish to me. A day close below 1.0331 may indicate a test of 1.0300. Tomorrow it may be able to close below 1.300. Time will show a more likely way. closing below 1.331, but not below 1.0300. Could lead to a bounce. {image}
see chart with this above post
those who can, do. those who cant, talk about those who can
Quoting gatorinla
{quote} Eu is testing some support at 1.0331.. Below 1.0300. close is bearish to me. A day close below 1.0331 may indicate a test of 1.0300. Tomorrow it may be able to close below 1.300. Time will show a more likely way. closing below 1.331, but not below 1.0300. Could lead to a bounce. {image}
1.0331 had a 4h close below, its broken. But Its best to have closes below 1.0303 to. If it can do that. Some bounce in the 1.0150 area looks likely.. Need a day close below 1.0146 for it to continue.

1.0324 touch could help reach 1.0303.
those who can, do. those who cant, talk about those who can
some news in 45 min
those who can, do. those who cant, talk about those who can
Quoting gatorinla
{quote} 1.0324 touch could help reach 1.0303.
no 1.0324 touch, it missed atm.. low 1.0325.6.
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not much news reaction.. it should hit 1.0350.6
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those who can, do. those who cant, talk about those who can
pa is just teasing 1.0303 and 1.0349. If today closes above 1.0385. I think it may hit 1.0805
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those who can, do. those who cant, talk about those who can
Now CNBC are saying China may open. Easing Covid restrictions. What's true or not? Oil is rising today.
those who can, do. those who cant, talk about those who can
Quoting gatorinla
Now CNBC are saying China may open. Easing Covid restrictions. What's true or not? Oil is rising today.
It's the CCP. I don't see that happening. zero covid isn't going anywhere. Lockdowns aren't going to stop. It would embarrass Xi to change course and he won't do that. They will stamp out protests with violence.
Is there a Russian agency that plays in FX mkts?? Every time eu tries to get near or back above 0358/9 today (dominant daily pivot last 5 mo.) someone drops a Russian military scare story on the wires... the latest (& 4th of the day!) was Medvedev: "If NATO provides Ukraine with patriot systems and NATO personnel, they will become a legitimate target for our armed forces." ...about 25 min ago on FJN.
Quoting gatorinla
{quote} no 1.0324 touch, it missed atm.. low 1.0325.6.
change to 1.0325. But to me, it has to close below 1.0303 for bears. There is a algo above at 1.0307/slip. The light support at 1.0325 is trending up still.
those who can, do. those who cant, talk about those who can
Quoting gatorinla
{quote} change to 1.0325. But to me, it has to close below 1.0303 for bears. There is a algo above at 1.0307/slip. The light support at 1.0325 is trending up still.
I have 0320 as key support and we are remain above that makes me nervous as we are still within the range
Patience, Emotion Control and Discipline.
Quoting gatorinla
{quote} change to 1.0325. But to me, it has to close below 1.0303 for bears. There is a algo above at 1.0307/slip. The light support at 1.0325 is trending up still.
0325 touched now. day 200 at 0384 R. 4h uptrend broken. 1.0303 looks to loose its crown.

Unless pa starts closing above 0384. The bears are dismantling supports.

Its a NFP week. PA is consolidating. Most ma's are on top each other giving false signals. That's why your getting chopped up.
Looking for something clearer. But NFP may screw it all up too. Since it stayed above 1.0303. I have that bias, but less than before. Looking for something higher to form a support.

4h wise tells me lower. It tells me 1.0303 will be tested and probably broken. I could trust it. Or knowing about NFP, and this consolidation. Ignore it some. Assuming I will have some false break signals in the consolidation,

That algo at 1.0805 does weigh on me some. So does the one at 1.1186.

50 ema (red) on the week works some. So does a 52 on the week for a 52 week year. Its the higher area atm. Its calling a top. Its saying 1.0805 is wrong.
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Quoting gatorinla
{quote} 0325 touched now. day 200 at 0384 R. 4h uptrend broken. 1.0303 looks to loose its crown. Unless pa starts closing above 0384. The bears are dismantling supports. Its a NFP week. PA is consolidating. Most ma's are on top each other giving false signals. That's why your getting chopped up. Looking for something clearer. But NFP may screw it all up too. Since it stayed above 1.0303. I have that bias, but less than before. Looking for something higher to form a support. 4h wise tells me lower. It tells me 1.0303 will be tested and probably broken....
50 and 52 week ema at times work near perfect. But not all the time.
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those who can, do. those who cant, talk about those who can
USA beats Iran. The Iranian protestors are cheering the USA win. What a world we live in.
those who can, do. those who cant, talk about those who can
The screws tighten. Mark Meadows ordered to testify in Georgia. That will earn him an orange suit.
those who can, do. those who cant, talk about those who can
Quoting gatorinla
USA beats Iran. The Iranian protestors are cheering the USA win. What a world we live in.
You can't imagine what's going on Iranian people. We hate everything the Islamic regime of Iran, likes and supports. Imagine what happened to a nation when they hate their national (governmental) football team.
A real revolution is under the process. World will be a better place to live soon.
Trade to enjoy... Money is after!
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