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The Swamp

  • #64,661
  • May 21, 2020 4:03am May 21, 2020 4:03am
Quoting ill_be_back
{quote} OUT 8+
I really like the levels you trade off of, "Ill_Be_Back". It appears you touch trade S/R S/D zones on the 15M and 5M charts. I could be completely wrong in this assessment though. At least those are the levels I look at and I try to add in Price Action of the bars to determine a little more information.
  • #64,662
  • May 21, 2020 4:05am May 21, 2020 4:05am
Quoting DMA Trader
{quote} i would say it really depends on corona and economy opening. and all this delay on production cut and shutting down oil rigs could have a short term move opposed to the negative one on may contract i would not be surprised to see $40 on august contract. we already made much of the move. airlines still down on traffic. they didn't even started. and on September and October we are already pretty stable jully/august contract could see some distortion. until supply starts to pick up so i agree on the long term.
we already have generational losses.. people living check to check are behind now. Its just a matter of time before the u.s. foreclosures. Banks may let you go a year or 2. but once it starts, banks have to sell off the foreclosed houses. That makes the comps cheaper on all houses around the foreclosed. This isn't my first, second, or third rodeo. Wash rinse repeat. Save your coins and buy houses when market falls. People always need a place to stay.. Rent for a few years..Sell when market returns.. Wait for the next crash..
those who can, do. those who cant, talk about those who can
  • #64,663
  • May 21, 2020 4:08am May 21, 2020 4:08am
Going to milk out this bull. I might scalp a long @74 1018 will be my first short. 1037 second one and finally Gators 1063 if it gets there. I don’t wanna get caught in a bear run. It’s coming, I am sure!!
  • #64,664
  • May 21, 2020 4:09am May 21, 2020 4:09am
Quoting DMA Trader
{quote} i would say it really depends on corona and economy opening. and all this delay on production cut and shutting down oil rigs could have a short term move opposed to the negative one on may contract i would not be surprised to see $40 on august contract. we already made much of the move. airlines still down on traffic. they didn't even started. and on September and October we are already pretty stable jully/august contract could see some distortion. until supply starts to pick up so i agree on the long term.
train wreck in slow motion
Inserted Video
those who can, do. those who cant, talk about those who can
  • #64,665
  • May 21, 2020 4:13am May 21, 2020 4:13am
Cable stuff

https://www.tradingview.com/x/qQ5xGjkH/

Indicators pointing down but concerns about PMI....may be mm needs a pullback
Look ahead, Macro=Direction, Levels & Structure = Entry
  • #64,666
  • May 21, 2020 4:18am May 21, 2020 4:18am
SHORT
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 4 KB
A good trader follows his rules, but great trader knows when to break them
  • #64,667
  • May 21, 2020 4:20am May 21, 2020 4:20am
Quoting ill_be_back
SHORT {image}
I have a pending a little higher from there at RU R1 lets see it will hit it.. I don't mind if I miss it...
  • #64,668
  • May 21, 2020 4:24am May 21, 2020 4:24am
"To have a lot of hands in the pot" sounds very much like "Too many cooks in the kitchen (spoil the broth)" which means that there's too many people trying to do the same thing and therefore it's bound to go wrong
those who can, do. those who cant, talk about those who can
  • #64,669
  • May 21, 2020 4:24am May 21, 2020 4:24am
Eu 0998 short triggered..
  • #64,670
  • May 21, 2020 4:26am May 21, 2020 4:26am
Quoting gatorinla
{quote} we already have generational losses.. people living check to check are behind now. Its just a matter of time before the u.s. foreclosures. Banks may let you go a year or 2. but once it starts, banks have to sell off the foreclosed houses. That makes the comps cheaper on all houses around the foreclosed. This isn't my first, second, or third rodeo. Wash rinse repeat. Save your coins and buy houses when market falls. People always need a place to stay.. Rent for a few years..Sell when market returns.. Wait for the next crash..

i have no idea how we will get out of this with all the FED and CB's intervention
but imho for now everything depends if Corona stays out or 2nd wave coming.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #64,671
  • May 21, 2020 4:27am May 21, 2020 4:27am
there is your 1.1

stops hunt ?
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #64,672
  • May 21, 2020 4:27am May 21, 2020 4:27am
Quoting Boulder
EurUsd 5/21/2019 trading levels.. next to print 0954 or 0996 RU R3 ----------1.1057 DP R3 ----------1.1046 MP R1 ----------1.1026 RU R2 ----------1.1020 DP R2 ----------1.1015 RU R1 ----------1.0998 DP R1 ----------1.0996 DP PP ----------1.0966 RU S1 ----------1.0954 WP R3 ----------1.0953 DP S1 ----------1.0935 RU S2 ----------1.0932 DP S2 ----------1.0916 MP PP ----------1.0907 WP R2 ----------1.0906 RU S3 ----------1.0896
Eur 0998 printed... next to print 1015

RU R3 ----------1.1057
DP R3 ----------1.1046
MP R1 ----------1.1026
RU R2 ----------1.1020
DP R2 ----------1.1015
RU R1 ----------1.0998
DP R1 ----------1.0996
DP PP ----------1.0966
RU S1 ----------1.0954
WP R3 ----------1.0953
DP S1 ----------1.0935
  • #64,673
  • May 21, 2020 4:29am May 21, 2020 4:29am
Quoting Boulder
{quote} I have a pending a little higher from there at RU R1 lets see it will hit it.. I don't mind if I miss it...
Inserted Video
those who can, do. those who cant, talk about those who can
  • #64,674
  • May 21, 2020 4:33am May 21, 2020 4:33am
Quoting Boulder
{quote} I have a pending a little higher from there at RU R1 lets see it will hit it.. I don't mind if I miss it...
In at better price OUT of 1st
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 4 KB
A good trader follows his rules, but great trader knows when to break them
  • #64,675
  • May 21, 2020 4:34am May 21, 2020 4:34am
Quoting DMA Trader
there is your 1.1 stops hunt ?
look more like potential trampoline
  • #64,676
  • May 21, 2020 4:38am May 21, 2020 4:38am
Quoting DMA Trader
{quote} i have no idea how we will get out of this with all the FED and CB's intervention but imho for now everything depends if Corona stays out or 2nd wave coming.
second coming?. The first is still here. You dont stop the virus, by making more virus.

https://arstechnica.com/tech-policy/...covid-19-data/
those who can, do. those who cant, talk about those who can
  • #64,677
  • May 21, 2020 4:38am May 21, 2020 4:38am
Quoting gatenio
{quote} look more like potential trampoline
1.1015 interesting
also have some rsi divergence on 1h - 4h - but daily without that 1.1015 looks good
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #64,678
  • May 21, 2020 4:40am May 21, 2020 4:40am
Quoting ill_be_back
{quote} In at better price OUT of 1st {image}
you had to do that to beat me on the price...lol...
by the way I am not going to short more unless 0998 cash out
  • #64,679
  • May 21, 2020 4:40am May 21, 2020 4:40am
Dollar is weak atm
Weakhanded sellers being under pressure
Look ahead, Macro=Direction, Levels & Structure = Entry
  • #64,680
  • May 21, 2020 4:40am May 21, 2020 4:40am
Quoting gatorinla
{quote} second coming?. The first is still here. You dont stop the virus by making more virus.
well you know if you have some hydroxychoroquide and mix it with some bleach - you may get the 2nd wave.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
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