The Swamp | Page 648 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: The Swamp
Exit Attachments

The Swamp

  • #12,941
  • Dec 11, 2017 8:34pm Dec 11, 2017 8:34pm
-1755 L closes tomorrow should test 1706.. if it didnt happen b4 L close. 1755 now may act supportive close wise now.. i think it still wants 1706 touched minimal. after that all bets off because Q3 closed higher, and last month closed higher than Q3 (after being below it).. if true, R above 1808.9/11 is 1897/1911.. with a weekly close above 1939 needed to b/o to 2093ish.. from there it may need to retreat some b4 2164...

opposite bear scenario would bring 1245 target with 1215 as norm..
those who can, do. those who cant, talk about those who can
  • #12,942
  • Dec 11, 2017 8:37pm Dec 11, 2017 8:37pm
bitcoin made a new high.. i still have 11,774.89 on the mind. because often, a pair dont forget.
those who can, do. those who cant, talk about those who can
  • #12,943
  • Dec 11, 2017 9:12pm Dec 11, 2017 9:12pm
Quoting gatorinla
bitcoin made a new high.. i still have 11,774.89 on the mind. because often, a pair dont forget.
11K, that is almost 40% off the current high.. it will be great for OTM calls.... first trading day, those Jan future contracts are up 20% .. Currently brokers only allow longs, not allow sellers.. eg interactive brokers.. I called my broker today, unfortunately they are not ready to trade xbt contracts..
  • #12,944
  • Edited 11:34pm Dec 11, 2017 9:33pm | Edited 11:34pm
Quoting gatorinla
-1755 L closes tomorrow should test 1706.. if it didnt happen b4 L close. 1755 now may act supportive close wise now.. i think it still wants 1706 touched minimal. after that all bets off because Q3 closed higher, and last month closed higher than Q3 (after being below it).. if true, R above 1808.9/11 is 1897/1911.. with a weekly close above 1939 needed to b/o to 2093ish.. from there it may need to retreat some b4 2164... opposite bear scenario would bring 1245 target with 1215 as norm..
there will be big Euro/Usd moves next 60 hours, CPI, FOMC, trump speaks about tax reform, ECB , retail sales..... .I got your points...in case 1755 not hold,, .then 1706 becomes fair game...
  • #12,945
  • Dec 12, 2017 2:00am Dec 12, 2017 2:00am
Quoting gatorinla
bitcoin made a new high.. i still have 11,774.89 on the mind. because often, a pair dont forget.
I was under the impression that we traded up to 19500/600 on some platforms....
Look Sharp/Trade Tight
  • #12,946
  • Dec 12, 2017 3:37am Dec 12, 2017 3:37am
Quoting PayTheLimit
{quote} I was under the impression that we traded up to 19500/600 on some platforms....
i saw that also. i dont know if that was futures or not. that's the problem i have. whose numbers are right. w/o a central platform. some brokers may be skimming. i got 2 platforms.. price high at, 17,270 or 17,229.. i heard higher numbers.. the platforms i have are lower.
those who can, do. those who cant, talk about those who can
  • #12,947
  • Dec 12, 2017 3:38am Dec 12, 2017 3:38am
EU seems like the weakest market on the board, which could change, but for now, I'm staying short...looking for the lows...nothing else looking interesting anyway right this second...
Look Sharp/Trade Tight
  • #12,948
  • Dec 12, 2017 3:41am Dec 12, 2017 3:41am
Quoting gatorinla
{quote} i saw that also. i dont know if that was futures or not. that's the problem i have. whose numbers are right. w/o a central platform. some brokers may be skimming.

there was a some wide differences that day it went bananas....it its a problem right now, agree....perhaps use the highest volume marketplace, which ever that might be...

PS..it was the cash market, futures were not on the board yet...
Look Sharp/Trade Tight
  • #12,949
  • Dec 12, 2017 3:45am Dec 12, 2017 3:45am
Looks like they did 4000 cars in futures yesterday, prolly not what they where hoping for, I'd say a tad disappointing at best. Me thinks the CME will do a bit better....
Look Sharp/Trade Tight
  • #12,950
  • Dec 12, 2017 3:50am Dec 12, 2017 3:50am
19,697 is the highest print out there I think, on GDAX, which is rather liquid I think....
Look Sharp/Trade Tight
  • #12,951
  • Dec 12, 2017 3:53am Dec 12, 2017 3:53am
Quoting PayTheLimit
{quote} there was a some wide differences that day it went bananas....it its a problem right now, agree....perhaps use the highest volume marketplace, which ever that might be... PS..it was the cash market, futures were not on the board yet...
some may be market buying with the spread being high, pushing it to stratosphere. i missed the boat years back..i just watch it out of curiosity, like watching a train wreck in slow motion in real time. people are borrowing money to buy bitcoin, some mortgaging homes. this may not end well.. the higher it goes, the more systemic it is.
those who can, do. those who cant, talk about those who can
  • #12,952
  • Dec 12, 2017 4:07am Dec 12, 2017 4:07am
Quoting gatorinla
{quote} some may be market buying with the spread being high, pushing it to stratosphere. i missed the boat years back..i just watch it out of curiosity, like watching a train wreck in slow motion in real time. people are borrowing money to buy bitcoin, some mortgaging homes. this may not end well.. the higher it goes, the more systemic it is.

It will drop from 90% from the highs, I'm sure of it, they always do. Question is, what are the highs, maybe we go to 50k first. Well see. Maybe it turns out like silver. Chart looks a lot like the 79 run up when the Hunts where buying everything in sight. Sure Bitcoin isn't a physical commodity, it's a technology. Remember how it ended for sliver, the Comex came out and said, you boys can't buy any more, and we dropped 90% a year later. Look at the Nasdaq, or Nikkei, took them 15-20 years to get back to the highs. Bitcoin would do it faster I suspect, on a count of everything happens faster now a days. But maybe Amazon comes out with a coin, or the FED, or the Swiss National Bank, who knows. Maybe its not Bitcoin in the end, but something else. Very difficult to say, and that's why the returns will be yuge.
Look Sharp/Trade Tight
  • #12,953
  • Dec 12, 2017 4:30am Dec 12, 2017 4:30am
Quoting PayTheLimit
19,697 is the highest print out there I think, on GDAX, which is rather liquid I think....
this is up to date on account, its just a few minutes old. coinbase
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 38 KB
those who can, do. those who cant, talk about those who can
  • #12,954
  • Dec 12, 2017 4:47am Dec 12, 2017 4:47am
Quoting gatorinla
{quote} this is up to date on account, its just a few minutes old. coinbase {image}
That's a rough wake up, did it for a while myself...
Look Sharp/Trade Tight
  • #12,955
  • Dec 12, 2017 4:53am Dec 12, 2017 4:53am
Quoting PayTheLimit
{quote} It will drop from 90% from the highs, I'm sure of it, they always do. Question is, what are the highs, maybe we go to 50k first. Well see. Maybe it turns out like silver. Chart looks a lot like the 79 run up when the Hunts where buying everything in sight. Sure Bitcoin isn't a physical commodity, it's a technology. Remember how it ended for sliver, the Comex came out and said, you boys can't buy any more, and we dropped 90% a year later. Look at the Nasdaq, or Nikkei, took them 15-20 years to get back to the highs. Bitcoin would do it faster...
bitcoin is up 2k% this year. lightcoin is up 6.88k%
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 35 KB
those who can, do. those who cant, talk about those who can
  • #12,956
  • Dec 12, 2017 4:58am Dec 12, 2017 4:58am
Quoting gatorinla
{quote} bitcoin is up 2k% this year. lightcoin is up 6.88k% {image}
yea, I was just seeing that last night...not sure of the difference really...I think that was a spin off at some point...
Look Sharp/Trade Tight
  • #12,957
  • Dec 12, 2017 5:04am Dec 12, 2017 5:04am
Quoting PayTheLimit
{quote} yea, I was just seeing that last night...not sure of the difference really...I think that was a spin off at some point...
in 2013 lightcoin was .06$
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 28 KB
those who can, do. those who cant, talk about those who can
  • #12,958
  • Dec 12, 2017 5:15am Dec 12, 2017 5:15am
Quoting gatorinla
{quote} in 2013 lightcoin was .06$ {image}
unreal...
Look Sharp/Trade Tight
  • #12,959
  • Dec 12, 2017 6:24am Dec 12, 2017 6:24am
Slow day... waiting for NY kick... (eu)
  • #12,960
  • Dec 12, 2017 7:10am Dec 12, 2017 7:10am
Euro On 12/12/2017 at 8am est. BLDR MTF system update :
H1, downtrend, Trend stop at H1 close 1789, Running Period: 16 hours
H4, downtrend, Trend stop at H4 close 1805, Running Period: 29 x H4
Daily, uptrend, Trend stop at day close 1707, Running Period: 13 days
( Note: Those stops will change with hour close and price action)
33 traders viewing now