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The Swamp

I dont know. Its looking set for a North breakout. If it cant, It may pullback Monday to 044x. ATM its looking like it will go North. 0544x may support.
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those who can, do. those who cant, talk about those who can
No matter how many good data comes from US.
It's always sold ..don't understand what's happening..is to due to year end positioning
Quoting gatorinla
I dont know. Its looking set for a North breakout. If it cant, It may pullback Monday to 044x. ATM its looking like it will go North. 0544x may support. {image}
Well it went lower after inflation news. I still left the pending just above 0461x. It has not equaled that 1.0594 high yet. The usd bullish news didnt drop eu much. Its still within striking distance of a higher high. 1.0603 is next higher rung (for 1.1186 target.) The 1/2 way mark at 1.0408. Between these 2 is 1.0508.7. That's near todays low at 1.0503. I have pendings lower in case a fall. But price can take off/break out higher at any time. Yes, it could also double top.
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those who can, do. those who cant, talk about those who can
Quoting euroboy2208
No matter how many good data comes from US. It's always sold ..don't understand what's happening..is to due to year end positioning
Because that's just one catalyst that moves the market. When its working great! When its not, change your bias. Evidently market movers/makers are doing something different. Its consolidating before a move. I think either 1.0075 or 1.0805. The retail positions favor shorts. That makes 1.0805 look better to me. Not to say it may do a head fake before moving. If it does i have a pending above 1.0461
those who can, do. those who cant, talk about those who can
Quoting gatorinla
I dont know. Its looking set for a North breakout. If it cant, It may pullback Monday to 044x. ATM its looking like it will go North. 0544x may support. {image}
Closing the next h above 0546 has me on alert. Till close of a possible run North.
those who can, do. those who cant, talk about those who can
Quoting gatorinla
{quote} Closing the next h above 0546 has me on alert. Till close of a possible run North.
I dont know. Its very close. Yesterday made a higher day close also. If not for the good usd news today. I think eu would be off to the races North.
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those who can, do. those who cant, talk about those who can
non commercial mostly long.
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those who can, do. those who cant, talk about those who can
EU looks to have a gap down currently. I guess we will see if it stays that way.
Quoting charlienoble
EU looks to have a gap down currently. I guess we will see if it stays that way.
Where do you see that
just xe.com which is why I said we have to wait to see. sometimes they hold, sometimes they close up shortly before opening.
eu 30 min and below tf are above the 200ema. The 15 min at 0538/39. I still have the bullish bias. But not saying a head fake wont be first. The 30 min sits at 0522. The 1h at 0489. I dont see a ma around 0462. That is my bias side for bulls/ under 0461 for bears (closes). At least for early this week. Mid week it should change.
those who can, do. those who cant, talk about those who can
Quoting gatorinla
eu 30 min and below tf are above the 200ema. The 15 min at 0538/39. I still have the bullish bias. But not saying a head fake wont be first. The 30 min sits at 0522. The 1h at 0489. I dont see a ma around 0462. That is my bias side for bulls/ under 0461 for bears (closes). At least for early this week. Mid week it should change.
What I dont like is, last week closed below that orange line 0541.x. That gives the pullback some hope. Thursday closed above. Friday didnt hold it.
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those who can, do. those who cant, talk about those who can
lots of news that may affect the eu this week Tuesday and Wednesday. Plus some *GBP and Swiss that could affect eu *Monday, and Thursday.
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those who can, do. those who cant, talk about those who can
Quoting gatorinla
Gonna try a gold short 1807.4 . Some past interest here over the years. Plus its my week stop R. {image}
still holding the gold position trade. It was hard watching it come back
those who can, do. those who cant, talk about those who can
Quoting gatorinla
{quote} still holding the gold position trade. It was hard watching it come back
That's macro trading for ya
This could change the world. https://www.bloomberg.com/news/artic...uverify%20wall
those who can, do. those who cant, talk about those who can
Quoting Wulfgar
{quote} That's macro trading for ya
it pays a little interest. I got a little less risk than i started with.
those who can, do. those who cant, talk about those who can
Quoting gatorinla
{quote} Tesla stock falling, when overleveraged is not a good thing for Musk. Pissing off your customers usually dont end well. {image}
Tesla down another 6%
those who can, do. those who cant, talk about those who can
Quoting gatorinla
{quote} Tesla down another 6%

Tesla brand approval is now in negative territory. At a time when all his fat government subsidies that helped make him are running out, he pisses off, divides in half his customer base, as marketplace competition in EVs finally come to a head.

Elmo really shot himself in the foot. Probably in Top 5 of Bad Business decisions of all time.
Follow the money --Mark Felt (Deepthroat)
Quoting longfellow
{quote} Tesla brand approval is now in negative territory. At a time when all his fat government subsidies that helped make him are running out, he pisses off, divides in half his customer base, as marketplace competition in EVs finally come to a head. Elmo really shot himself in the foot. Probably in Top 5 of Bad Business decisions of all time.
40 billion on Twitter. Tesla -60% here. Since he started running his mouth. Investors are pissed off. He sells electric cars and pisses off the buyers. After he sucked up and the government welfare. He may be a genius in some things. He is a moron in a glass house on others. He tweeted himself out of 1/2 Trillian plus dollars. Probably the largest loss of money in history. PS my levels have seemed to work. I have some lower. There is a big black space between. The current and lower one.
https://www.google.com/search?q=how+...hrome&ie=UTF-8
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those who can, do. those who cant, talk about those who can
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