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The Swamp

  • #78,861
  • Nov 25, 2020 5:36am Nov 25, 2020 5:36am
Quoting yani38
Amazing, yet interesting. Anyway short US30 av 30,043, stops up there @ 30,168, have it for now.

Australia's biggest export earner....https://www.afr.com/markets/equity-m...0201123-p56h6d

China boom turbocharges iron ore
Jonathan Shapiro and William McInnes
Nov 23, 2020 – 5.22pm
Iron ore prices rallied to a two-month high as robust demand from Chinese steel mills eats into stockpiles despite Australia's big three miners shipping in supply at a record pace.
The rally in Australia's largest export saw BHP, Rio Tinto and Fortescue Metals Group lift the local sharemarket to a nine-month high on Monday, while the Australian dollar closed in on its highs for the year.
The iron ore price climbed to $US128.83 a tonne on Friday, it's highest level since September 14 when it was topped $US130 a tonne, as suppliers rush to keep up with demand. China's is producing more than 90 million tonnes of steel a month.
...

Also almost no Covid. Borders between Queensland and NSW open next week
  • #78,862
  • Nov 25, 2020 5:37am Nov 25, 2020 5:37am
for U Blue..Gold looks like its going up...
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  • #78,863
  • Nov 25, 2020 5:37am Nov 25, 2020 5:37am
+ Vic apparently, still unsure re that one. : )
"Don't Shoot Me I'm Only the Piano Player"
  • #78,864
  • Nov 25, 2020 5:38am Nov 25, 2020 5:38am
Quoting Boulder
{image} {quote} Eur bears reversed M30.. now on its way to H1 stop.. we do have big option expire there 1870s.. {image}
Eu testing M30 1914..lets see bears can hold...
  • #78,865
  • Nov 25, 2020 5:39am Nov 25, 2020 5:39am
Quoting Boulder
for U Blue..Gold looks like its going up... {image}
Thanks sis
Newbie here
  • #78,866
  • Nov 25, 2020 5:40am Nov 25, 2020 5:40am
We'll never be free of Covid, weird how early last January no one had ever heard of it, "The China Virus"
"Don't Shoot Me I'm Only the Piano Player"
  • #78,867
  • Edited 5:52am Nov 25, 2020 5:41am | Edited 5:52am
Quoting Boulder
{quote} US news coming up.....good luck...

Mixed bag. Unemployment claims exceeded expectations (on negative side). Economic data mixed...some positive, some negative
  • #78,868
  • Nov 25, 2020 5:47am Nov 25, 2020 5:47am
I hate wars; Feel bad for the unfortunate..
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  • #78,869
  • Nov 25, 2020 5:48am Nov 25, 2020 5:48am
Quoting Boulder
for U Blue..Gold looks like its going up... {image}

It's had a big drop overall. At the bottom of a descending wedge pattern now, but at horizontal support 1800 area. Might be good RR
  • #78,870
  • Nov 25, 2020 5:50am Nov 25, 2020 5:50am
Yeah no big deal there, still holding US30 shorts, not touching $USDGold cash atm, 1800 a bit dicey, platform traders will be in, either covering or buying, holding AUD/USD longs
"Don't Shoot Me I'm Only the Piano Player"
  • #78,871
  • Nov 25, 2020 5:50am Nov 25, 2020 5:50am
Dawn it.. I didn't short that 1914...
  • #78,872
  • Nov 25, 2020 6:03am Nov 25, 2020 6:03am
Quoting Blackopal
{quote} It's had a big drop overall. At the bottom of a descending wedge pattern now, but at horizontal support 1800 area. Might be good RR
Yes. I have set pending at 1801 just incase
Newbie here
  • #78,873
  • Nov 25, 2020 6:04am Nov 25, 2020 6:04am
I'm sleep deprived, making too many mistakes...hasty decisions. Quit while I'm ahead. Goodnight
  • #78,874
  • Nov 25, 2020 6:04am Nov 25, 2020 6:04am
Seems all eyes are keeping a casual watch on the "precious one" tonite, will it run up from $US1800, or just slump big time, the latter inevitable IMHO, short/medium term. I'm so tired of hearing/being tipped "Gold stocks", the market is such a larger picture.
"Don't Shoot Me I'm Only the Piano Player"
  • #78,875
  • Nov 25, 2020 6:07am Nov 25, 2020 6:07am
Quoting Blackopal
I'm sleep deprived, making too many mistakes...hasty decisions. Quit while I'm ahead. Goodnight
I am tired too.. not going to trade much unless at edges...good night....
  • #78,876
  • Nov 25, 2020 6:26am Nov 25, 2020 6:26am
US open shortly.. lets see US traders can bring this down to 1870s even 1860s...
  • #78,877
  • Nov 25, 2020 6:26am Nov 25, 2020 6:26am
Quoting Boulder
I hate wars; Feel bad for the unfortunate.. {image}
While love letters were written, N Korea got a intercontinental missile. Trump tried to destroy NATO. He has laid seeds to future wars. Destroying our surveillance planes that detect nuclear detonations. Has made war much closer.
those who can, do. those who cant, talk about those who can
  • #78,878
  • Nov 25, 2020 6:31am Nov 25, 2020 6:31am
Quoting gatorinla
{quote} I'm concerned the day did close higher, and above 1880. Followed by a HH, and a 12h close above the day close. {image}
kind of acting normal atm.
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those who can, do. those who cant, talk about those who can
  • #78,879
  • Nov 25, 2020 6:32am Nov 25, 2020 6:32am
"While love letters were written, N Korea got a intercontinental missile. Trump tried to destroy NATO. He has laid seeds to future wars. Destroying our surveillance planes that detect nuclear detonations. Has made war much closer." > Nah, when Biden involuntarily steps down and hands over to, sorry Dow on the dip, bbl.
"Don't Shoot Me I'm Only the Piano Player"
  • #78,880
  • Nov 25, 2020 6:36am Nov 25, 2020 6:36am
Quoting gatorinla
{quote} 8935 R pushed it down.. if still bullish 8902 may push it up with some support at 8895, 4h support 8891 close wise. EG {image}
8902 missed, I suck.
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those who can, do. those who cant, talk about those who can
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