The Swamp | Page 3005 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: The Swamp
Exit Attachments

The Swamp

  • #60,081
  • Apr 19, 2020 6:05pm Apr 19, 2020 6:05pm
https://finance.yahoo.com/news/crude...221527150.html

crude down almost a buck, $17.3x.....supposed production cuts by SA & Russia still a couple weeks away. Looking for $12. Sour grades are selling for $2 last week and will maybe go negative soon. Looking for USO $3.50 and OIL possibly to $3.00. Looking for some more shoes to drop in the shale patch, Ch. 11's & 13's b4 May.

WTI $12 will rebound to $25 this summer at least, with $40 in the cards if the stars align.

OIL could rebound from <$4 to >$7-8 in a couple months this summer as demand comes seeping back. OIL Sep $8 calls are 15c. OIL Jun/Sep $8 call calendar <5c.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #60,082
  • Apr 19, 2020 6:31pm Apr 19, 2020 6:31pm
Quoting gatorinla
No trolls allowed. professional oriented trading only. i dont check pm much. current personal outlook eu to test 1.17 in pursuit of 1.2470 valid target or a break of db at 05xx/046x, at the same time a market drop catalist on all world equity markets indicated . u.s. markets indicated to fall to summer 2013 levels. silver to 16.22 targeted and should pull gold to 13xx with it. brent oil targeted for 14.11 but its normal to got to 56.xx before. euro and yen gain strength on market drop till funding redemptions slow/stop. then eu can drop and uj rise....
some already happened.. some getting closer
those who can, do. those who cant, talk about those who can
  • #60,083
  • Apr 19, 2020 7:01pm Apr 19, 2020 7:01pm
Quoting gatorinla
{quote} some already happened.. some getting closer
It's funny, yesterday I was searching for your posts about $14 oil
  • #60,084
  • Apr 19, 2020 7:25pm Apr 19, 2020 7:25pm
WTI fresh low print 16.8
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #60,085
  • Apr 19, 2020 7:45pm Apr 19, 2020 7:45pm
Quoting edyraper
{quote} It's funny, yesterday I was searching for your posts about $14 oil
hey you sent me a dinosaur video one time. a couple fighting about religion or something, maybe some rap song in it, . if u remember, pm it to me.
those who can, do. those who cant, talk about those who can
  • #60,086
  • Apr 19, 2020 7:54pm Apr 19, 2020 7:54pm
Quoting DMA Trader
WTI fresh low print 16.8
Inserted Video
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
  • #60,087
  • Apr 19, 2020 7:56pm Apr 19, 2020 7:56pm
Quoting gatorinla
{quote} https://www.youtube.com/watch?v=WbR7mvOe1xs {image}

very close to a 15.x print .. amazing
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #60,088
  • Apr 19, 2020 7:58pm Apr 19, 2020 7:58pm
Quoting Pip-loser
{quote} Gator, I've tested positive for covid-19 I've stopped trading and am in isolation
I hope all is ok.. drop us a line when able.
those who can, do. those who cant, talk about those who can
  • #60,089
  • Apr 19, 2020 8:02pm Apr 19, 2020 8:02pm
oil crashhing.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #60,090
  • Apr 19, 2020 8:05pm Apr 19, 2020 8:05pm
Quoting DMA Trader
oil crashhing.
take me down tonight.
14.69 handle oil atm .
Inserted Video
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 9 KB
those who can, do. those who cant, talk about those who can
  • #60,091
  • Apr 19, 2020 8:06pm Apr 19, 2020 8:06pm
WTI 14.9 amazing !
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #60,092
  • Apr 19, 2020 8:11pm Apr 19, 2020 8:11pm
Quoting DMA Trader
WTI 14.9 amazing !
; 14.47 printed.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 6 KB
those who can, do. those who cant, talk about those who can
  • #60,093
  • Apr 19, 2020 8:22pm Apr 19, 2020 8:22pm
wti target 8.15, but it normally will bounce to 59.70 twice. It only bounced once. So it may never make wti 8.15 this time. But it should be close since brent has a premium crack spread. 14.11 brent puts wti cheaper than 14.11. This current price makes Canadian tar sands oil less than 0, on the Gulf coast. Because of shipping/pipline cost.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 15 KB
those who can, do. those who cant, talk about those who can
  • #60,094
  • Apr 19, 2020 8:33pm Apr 19, 2020 8:33pm
Quoting gatorinla
wti target 8.15, but it normally will bounce to 59.70 twice. It only bounced once. So it may never make wti 8.15 this time. But it should be close since brent has a premium crack spread. 14.11 brent puts wti cheaper than 14.11. This current price makes Canadian tar sands oil less than 0, on the Gulf coast. Because of shipping/pipline cost. {image}

very nice call over months/ years you made
it's not really important if it goesn down from here.

it' just amazing to see '90 levels ....
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #60,095
  • Apr 19, 2020 8:35pm Apr 19, 2020 8:35pm
Quoting gatorinla
Gold may be targeting 1598.15 or 1396.50 {image}
I dont know if it will bounce some for retest. 1722 area may be a sell for target 1396.50
Attached Image (click to enlarge)
Click to Enlarge Name: gold.PNG Size: 42 KB
those who can, do. those who cant, talk about those who can
  • #60,096
  • Apr 19, 2020 8:36pm Apr 19, 2020 8:36pm
Quoting DMA Trader
{quote} very nice call over months/ years you made it's not really important if it goesn down from here. it' just amazing to see '90 levels ....
original price was at 20/30 something level at the time ( near 2016 lows).. the call was up to 70 something than, down to 14.11..2 calls in one.
those who can, do. those who cant, talk about those who can
  • #60,097
  • Apr 19, 2020 8:44pm Apr 19, 2020 8:44pm
Quoting Pip-loser
{quote} Gator, I've tested positive for covid-19 I've stopped trading and am in isolation
I hope you are well...take care.

I think USD should strengthen this week.
  • #60,098
  • Apr 19, 2020 9:00pm Apr 19, 2020 9:00pm
Quoting gatorinla
just noticing this, so I will add date. I watch this sometimes but didnt pay attention the last year being long term. 4/24/2019. The AJ is the pulse of the world economy. It reflects commodities and equities markets. It has much support on the week and day charts. But I'm looking at month charts. On month charts it has tested and so far failed at resistance. It has completed a setup that could develop a 2008 type drop. Its worth paying attention to if those day and weeks supports fail. The markets have done well for 10 years w/o much...
The Fed has been doing repo. Just like in 2007 before the 2008 crash, since October. The signs were here long before. With out the Fed, it would have happened much earlier. Corona didnt help and made things worse. But the match was already lit. If not for corona, the Fed and the politicians wouldn't have anything to hide behind. We were headed for a crash long before corona. And without corona,the trillians in stimulus would not have come. When someone tells you this crash was not foreseen. Tell them to change the channel. This is documentation. Almost 1 year later.

The broken supports turning the AJ south, are here in steps, in later post. In later post the day and week failed to hold support. Noted in post.
https://www.forexfactory.com/search?...5170064&page=2
those who can, do. those who cant, talk about those who can
  • #60,099
  • Apr 19, 2020 9:06pm Apr 19, 2020 9:06pm
Quoting gatorinla
{quote} hey you sent me a dinosaur video one time. a couple fighting about religion or something, maybe some rap song in it, . if u remember, pm it to me.
Inserted Video
  • #60,100
  • Apr 19, 2020 9:09pm Apr 19, 2020 9:09pm
Quoting edyraper
{quote} https://www.youtube.com/watch?v=NWWe...ature=youtu.be
yeah that's it.. thanks.
those who can, do. those who cant, talk about those who can
60 traders viewing now