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The Swamp

  • #27,381
  • Dec 12, 2018 4:18am Dec 12, 2018 4:18am
back to bed. some tp pending for me at 1352
those who can, do. those who cant, talk about those who can
  • #27,382
  • Dec 12, 2018 5:59am Dec 12, 2018 5:59am
Closed -2

It's not moving yet
  • #27,383
  • Edited 6:58am Dec 12, 2018 6:37am | Edited 6:58am
Pound Erases Tuesday Losses On Report May Has Votes To Prevail In 'No Confidence' Vote

ITALY IS SAID TO PROPOSE 2% DEFICIT TARGET TO EU: OFFICIAL

pump and dump.. less than 15 mins

#Italy's PM's office does not confirm deficit 2% target - Livesquawk
  • #27,384
  • Dec 12, 2018 6:46am Dec 12, 2018 6:46am
highlighted printed...
RU R3 ----------1.1412
ST R1 ----------1.1376
RU R2 ----------1.1370
RU R1 ----------1.1344
ST PP ----------1.1342
RU S1 ----------1.1293
  • #27,385
  • Dec 12, 2018 7:34am Dec 12, 2018 7:34am
Quoting Boulder
highlighted printed... RU R3 ----------1.1412 ST R1 ----------1.1376 RU R2 ----------1.1370 RU R1 ----------1.1344 ST PP ----------1.1342 RU S1 ----------1.1293
PP 1342 holds after CPI news.. H1 has turned into uptrend....with all the pump news...1370/76 next??
  • #27,386
  • Dec 12, 2018 7:35am Dec 12, 2018 7:35am
12h and the 6h closed above the day. the week open at 1350.. likely more push to 1374+ if the day closes 1351.. some R at 1350 area until likely. even a close above 1322 may push it up too.. adr wise about 1390 area from 1306 if the bottom holds.

adr wise a Lclose below 1313 adr the lower direction from high
those who can, do. those who cant, talk about those who can
  • #27,387
  • Dec 12, 2018 7:44am Dec 12, 2018 7:44am
Quoting Boulder
{quote} PP 1342 holds after CPI news.. H1 has turned into uptrend....with all the pump news...1370/76 next??
the cone pic u sent mid point is about 1367
those who can, do. those who cant, talk about those who can
  • #27,388
  • Dec 12, 2018 7:48am Dec 12, 2018 7:48am
Quoting gatorinla
{quote} the cone pic u sent mid point is about 1367
ok... thanks... 1367 makes 53 adr from 1414 low...
  • #27,389
  • Dec 12, 2018 7:50am Dec 12, 2018 7:50am
Quoting Boulder
{quote} ok... thanks... 1367 makes 53 adr from 1414 low...
oh yeah .. 1396 is day adr.. i wrote 1390 earlier..
those who can, do. those who cant, talk about those who can
  • #27,390
  • Dec 12, 2018 9:23am Dec 12, 2018 9:23am
So shampoo invalidated. 1.1375 has some resistance. Maybe back to drawing board about this wanting to go higher before fall imo. 1.15-1.16. Selling highs until we close above 1.15
  • #27,391
  • Edited 3:34pm Dec 12, 2018 9:24am | Edited 3:34pm
1370 printed.. 1376 next ?.. I added one level 1386 for starting H1 supply zone 1386-1400

RU R3 ----------1.1412
H1 Supply zone-------1.1386-1400 *
ST R1 ----------1.1376
RU R2 ----------1.1370
RU R1 ----------1.1344
ST PP ----------1.1342
RU S1 ----------1.1293

1376 printed too.. 1386 maybe next...64 adr atm..
  • #27,392
  • Dec 12, 2018 9:32am Dec 12, 2018 9:32am
Quoting gatorinla
12h and the 6h closed above the day. the week open at 1350.. likely more push to 1374+ if the day closes 1351.. some R at 1350 area until likely. even a close above 1322 may push it up too.. adr wise about 1390 area from 1306 if the bottom holds. adr wise a Lclose below 1313 adr the lower direction from high
1374 reached now. its a bearish and bullish number, since both wanted it. holding L close 1351+ could favor the bulls. or bears or setting up 1170 breaking 1306.. either way a break of that low or a break of 1442, it still may come right back to 1374 at a later time, before target.

light resistance 1378, then 1404.. rigid 1445.. give or a take a few..
those who can, do. those who cant, talk about those who can
  • #27,393
  • Dec 12, 2018 9:44am Dec 12, 2018 9:44am
Recent high now=113.79 . . . . Shorted with SL= 80

A move above will convince me of more bullish potential .....

No firm opinion or bias... Anything can flip

  • #27,394
  • Dec 12, 2018 9:44am Dec 12, 2018 9:44am
news pump again


ITALY GOVT OFFICIAL SAYS HOPES ITALY CAN REACH DEAL WITH EUROPEAN COMMISSION FOR 2019 DEFICIT GOAL BETWEEN 2-2.2 PCT/GDP: RTRS
  • #27,395
  • Dec 12, 2018 9:54am Dec 12, 2018 9:54am
Quoting gatorinla
{quote} pp 1346 ,,, 1352 is normal or more days wise. formation wise 1374 or more {image}
mostly a neutral number. a potential 1170 set up with a low below 1306. 1170 hasn't made the LL yet. The set up that is valid atm is 1569..it needed a 1342/1266 retrace. it got that yesterday.. If the direction was solid one. a target could be picked. the month open being above october close has me less bearish. It was followed by a higher than previous week close. The drop may be turning bullish.. in the process some violent up and down moves are possible. Today looks to close above 1322 yesterday's number. 1350 (month) is positive.. above 1396 for week. its also adr today.. a close above is eu positive. to test 14xx trendline area.
I expect strong R 1445 area today (not saying it will get there today). Lclose 1351 looks to test weeks 1396
those who can, do. those who cant, talk about those who can
  • #27,396
  • Dec 12, 2018 9:59am Dec 12, 2018 9:59am
Quoting gatorinla
{quote} 1374 reached now. its a bearish and bullish number, since both wanted it. holding L close 1351+ could favor the bulls. or bears or setting up 1170 breaking 1306.. either way a break of that low or a break of 1442, it still may come right back to 1374 at a later time, before target. light resistance 1378, then 1404.. rigid 1445.. give or a take a few..
testing. if close is <1351,> more test should follow.
those who can, do. those who cant, talk about those who can
  • #27,397
  • Dec 12, 2018 10:18am Dec 12, 2018 10:18am
Theresa May no-confidence vote result at 9 pm GMT... what is that time for est...time...??
  • #27,398
  • Dec 12, 2018 10:28am Dec 12, 2018 10:28am
Quoting Boulder
Theresa May no-confidence vote result at 9 pm GMT... what is that time for est...time...??
GMT is +5, so 4pm EST.
Focus.
  • #27,399
  • Dec 12, 2018 10:35am Dec 12, 2018 10:35am
till tomorrow pp <1347>.. it closed above 1350.. possible long >1347/44<ish.. yader yader.. link with older post..

vote could screw this.. or help this.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 33 KB
those who can, do. those who cant, talk about those who can
  • #27,400
  • Edited 2:13pm Dec 12, 2018 12:46pm | Edited 2:13pm
Quoting Boulder
1370 printed.. 1376 next ?.. I added one level 1386 for starting H1 supply zone 1386-1400 RU R3 ----------1.1412 H1 Supply zone-------1.1386-1400 * ST R1 ----------1.1376 RU R2 ----------1.1370 RU R1 ----------1.1344 ST PP ----------1.1342 RU S1 ----------1.1293 1376 printed too.. 1386 maybe next...64 adr atm..
Touched 1386... I closed all my longs at 1385... a very good day ...
sideline now... will be pending Gator's 1445.. if the voting can push up there...
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