The Swamp | Page 3958 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: The Swamp
Exit Attachments

The Swamp

  • #79,141
  • Dec 2, 2020 7:37am Dec 2, 2020 7:37am
Quoting Blackopal
{quote} Yes, top quality metallurgical is also sitting in ships in Chinese waters waiting to be unloaded. The Chinese say there are "quality issues" with it delaying unloading and distribution. I think they have been bullshitting about the reasons because they are violating contractual clauses. But they still want Australia's top quality iron ore, probably because it's not as easily substituted as the coal Iron Ore $130.81 (US/t) At the Close: 01 December 2020 Iron Ore (62% CFR China)PriceChange October 2020$121.44-3.71% September 2020$126.08+4.74%...
If the u.s. gets some infrastructure going. That should help metallurgical coal prices. Mcconnell put a stop to infrastructure for 12 years. 8 with Obama, then 4 with with VI and still blew up the deficit to world war 2 levels. Those 2 senators will determine infrastructure.
Ironically coal miners lost jobs long before coved. We shut down our only local steel mill. We also are shutting down a local refinery. I live in a mostly blue collar world like you came from in Ark. Mostly petrochemical here. These shut downs with the VI at the helm.
those who can, do. those who cant, talk about those who can
  • #79,142
  • Dec 2, 2020 7:47am Dec 2, 2020 7:47am
Quoting Blackopal
12:15amUSD ADP Non-Farm Employment Change 307K actual, forecast=433K , previous 365K
The numbers have been wrong for months.. I posted an article yesterday..
those who can, do. those who cant, talk about those who can
  • #79,143
  • Dec 2, 2020 7:50am Dec 2, 2020 7:50am
Quoting gatorinla
{quote} besides 3312, 3309 and 3325, 3321 could be tough. 4h would need to close below.
GBP 4h closes in 10 minutes. -3297 atm.. pa is well beyond adr at 3330;;


some support on the chart.
Attached Image
those who can, do. those who cant, talk about those who can
  • #79,144
  • Dec 2, 2020 8:01am Dec 2, 2020 8:01am
EU 4H closed a little below open of last 4H candle, so did not engulf, which was looking like a possibility. 15 Minute bear engulfed
  • #79,145
  • Dec 2, 2020 8:02am Dec 2, 2020 8:02am
3366/67 may be a short later. I'm not sure if it can get above 3321 again.
those who can, do. those who cant, talk about those who can
  • #79,146
  • Dec 2, 2020 8:06am Dec 2, 2020 8:06am
i took some gbp tp, pending 3366
those who can, do. those who cant, talk about those who can
  • #79,147
  • Dec 2, 2020 8:17am Dec 2, 2020 8:17am
Quoting genadi
{quote} where are your stops? if i may ask.
I added another reload at 1.20724

I have stops at 121.1

Not that you can count on the future repeating the past, but the last 2 times it ran up to these levels, it got knocked back initially just before 1.21, then retraced before pushing thru
  • #79,148
  • Edited 8:47am Dec 2, 2020 8:30am | Edited 8:47am
Quoting gatorinla
3366/67 may be a short later. I'm not sure if it can get above 3321 again.

I recall from a week or two ago I think you had pendings gridded, and probably filled some around 1.3433? I'm always a bit skittish with the GU, with the possibility of announcements, maybe a deal done etc. The big pip moves can kill stop losses so easily. I had a small GA short yesterday that I left on overnight while working with a 40 pip SL which got wiped out. Today I'd be well in front if still holding.
  • #79,149
  • Dec 2, 2020 9:07am Dec 2, 2020 9:07am
Last reload. 1.20944

I hope it just ran up again so we can short up here. Nothing else that I can see ran like the EU just now. DXY was still 6 pips off low for the day. I'll fill in some blank TP and SL and get some sleep.
  • #79,150
  • Dec 2, 2020 9:49am Dec 2, 2020 9:49am
[quote=gatorinla;13293057]i took some gbp tp, pending 3366[/quote]
i fell asleep and missed my eu short. Maybe if gu hits 3365 eu will push again.
edit gu to 3365
eu -2127 may be toppy for 200 (1907)
Attached Image
those who can, do. those who cant, talk about those who can
  • #79,151
  • Dec 2, 2020 10:01am Dec 2, 2020 10:01am
Quoting gatorinla
3366/67 may be a short later. I'm not sure if it can get above 3321 again.
see if 3321 holds gu up now enough to get 3365. but 3315 may need to bounce it..
those who can, do. those who cant, talk about those who can
  • #79,152
  • Dec 2, 2020 10:05am Dec 2, 2020 10:05am
Quoting Blackopal
{quote} I recall from a week or two ago I think you had pendings gridded, and probably filled some around 1.3433? I'm always a bit skittish with the GU, with the possibility of announcements, maybe a deal done etc. The big pip moves can kill stop losses so easily. I had a small GA short yesterday that I left on overnight while working with a 40 pip SL which got wiped out. Today I'd be well in front if still holding.
yeah, i got lucky..
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
  • #79,153
  • Edited 10:29am Dec 2, 2020 10:08am | Edited 10:29am
EU retrace over at 1.208? Should go up another 400 pips now :-)! The problem is although I'm joking. I'm not 100% sure I'm wrong which is scary.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.PNG Size: 41 KB
  • #79,154
  • Dec 2, 2020 10:13am Dec 2, 2020 10:13am
lc today will be higher for eu, and lower for gu.
those who can, do. those who cant, talk about those who can
  • #79,155
  • Dec 2, 2020 10:19am Dec 2, 2020 10:19am
Quoting Steamroller
EU retrace over at 1.208? Should go up another 400 pips now :-)! The problem is although I'm joking I'm not 100% sure I'm wrong, which is scary. {image}
Its sure has the momentum.. It may need some Wheaties. I was thinking some crazy shit.. 1907 b4 2127.

Pull up a chair.. let me tell you a story.
Inserted Video
those who can, do. those who cant, talk about those who can
  • #79,156
  • Dec 2, 2020 10:29am Dec 2, 2020 10:29am
Quoting gatorinla
{quote} Its sure has the momentum.. It may need some Wheaties. I was thinking some crazy shit.. 1907 b4 2127. Pull up a chair.. let me tell you a story. https://www.youtube.com/watch?v=xyjlxIcu8AM
Gator..!
  • #79,157
  • Dec 2, 2020 10:45am Dec 2, 2020 10:45am
need some Seger

Inserted Video
those who can, do. those who cant, talk about those who can
  • #79,158
  • Edited 11:11am Dec 2, 2020 10:52am | Edited 11:11am
Quoting Connors
{quote} Gator..!
If you like old story country songs. Here is one you can dedicate to your X. By the way Opal may know your X's sister. David Allen Coe has some funny stuff on youtube.
those who can, do. those who cant, talk about those who can
  • #79,159
  • Dec 2, 2020 12:35pm Dec 2, 2020 12:35pm
Quoting DMA Trader
{quote} ON EU interesting 1H about to close in 20m if it close bullish i would say may 1.21 target is safe RSI14 is close to 80 but it may raise with a divergence on h1 later on and then fall like it did on monday
close my longs at 1.21
and switch to short

on GU fall added to long plan to close them above 1.34 or 1.35
will not short GU

nice trades Gator on shorting the pound yesterday
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #79,160
  • Dec 2, 2020 1:25pm Dec 2, 2020 1:25pm
Quoting DMA Trader
{quote} close my longs at 1.21 and switch to short on GU fall added to long plan to close them above 1.34 or 1.35 will not short GU nice trades Gator on shorting the pound yesterday
i just tp some gbp at 3365.. added a short
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
56 traders viewing now