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The Swamp

  • #92,261
  • Edited 1:57pm Nov 9, 2021 1:15pm | Edited 1:57pm
Quoting DMA Trader
{quote} nice but at this point everybody i think expecting others to jump in first short is not an option for me while aud nzd bull trends got destroyed so they either get up fast or will be consolidation what is interesting is on that pairs it went exactly in tandem with US Markets. so we get some correlation back
I can understand that. The thing is. If it acts differently than you anticipate, dont fight it. PA has been here for months. Those negative fundis that took pa here, we are held up by support. The fundis that make it rise, may be short lived at techs. Like 1608/13 area. The same techs made this bottom. They can make a top also.
those who can, do. those who cant, talk about those who can
  • #92,262
  • Nov 9, 2021 1:47pm Nov 9, 2021 1:47pm
Quoting gatorinla
Account doubled today. up 100% since Oct 1. {image}
I cant turn it up yet. The account was too small for more than 0.01. When it triples I may turn it up to 0.02. Being stuck at .01 makes the period longer than it needed to be. I will be doing some exotic pairs starting tonight. I think it will grow faster then. It took 5 weeks to double. 103% atm A good day.
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those who can, do. those who cant, talk about those who can
  • #92,263
  • Nov 10, 2021 2:40am Nov 10, 2021 2:40am
Quoting gatorinla
{quote} I can understand that. The thing is. If it acts differently than you anticipate, dont fight it. PA has been here for months. Those negative fundis that took pa here, we are held up by support. The fundis that make it rise, may be short lived at techs. Like 1608/13 area. The same techs made this bottom. They can make a top also.
there is your 1.156 EU

but for me it's done until we trade above 1.16 i am not touching longs. no sure about short

game has changed. imo it has to do with CPI today or Evergrande or something
but i will be out of the market until dust settles. probably Boulder and you got it with Shorts now.

if i get a change after CPI maybe.

i still think we will get bigger moves. this calm is not real.

TSLA drop yesterday is an example what the market can do once it starts correcting here or couple of thousand points higher on the DJI
who knows
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #92,264
  • Nov 10, 2021 3:36am Nov 10, 2021 3:36am
Quoting DMA Trader
{quote} there is your 1.156 EU but for me it's done until we trade above 1.16 i am not touching longs. no sure about short game has changed. imo it has to do with CPI today or Evergrande or something but i will be out of the market until dust settles. probably Boulder and you got it with Shorts now. if i get a change after CPI maybe. i still think we will get bigger moves. this calm is not real. TSLA drop yesterday is an example what the market can do once it starts correcting here or couple of thousand points higher on the DJI who knows
well i shorted here near 1.158 - i have no idea what you see at 1.156 but unless we break above again 1.16 i stay short
if we fall down before cpi i take the profit and run
Rule No.1: Never lose money. Rule No.2: Market is always right !
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  • #92,265
  • Nov 10, 2021 3:54am Nov 10, 2021 3:54am
Quoting gatorinla
{quote} It made back to week R 1608. Now with rate news/inflation. 1561 may be Norm. Anyway probably some support 1564/72. Since inflation was low. 1572 may be support this time. Tech wise 1608/13. and above a few pips above is acceptable. (Close side matters) 1492 is still valid. Closing today below 1572 or 68. After this news is likely a rejection of the bulls. Between 1564/72-1608/13 could be a range starting. I dont see a trend below the week. That's why that trending small time frames are robbing people. A 1 min trend may be as good...
seems like a range to me But a close this next h below 1572 may go down.
those who can, do. those who cant, talk about those who can
  • #92,266
  • Edited 4:49am Nov 10, 2021 4:03am | Edited 4:49am
Quoting gatorinla
{quote} seems like a range to me But a close this next h below 1572 may go down.
you may have a subrange here 1561 to 1583 ish. Lets see what one holds and what one does not. The upper end above is 1608/13 and last weeks low area.

Quoting gatorinla
{quote} you may have a subrange here 1561 to 1583 ish. Lets see what one holds and what one does not. The upper end above is 1608/13 and last weeks low area. {image}
before cpi the subrange may work for hours. its about 22 pips. 3.5 hs
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those who can, do. those who cant, talk about those who can
  • #92,267
  • Nov 10, 2021 4:06am Nov 10, 2021 4:06am
Quoting DMA Trader
{quote} well i shorted here near 1.158 - i have no idea what you see at 1.156 but unless we break above again 1.16 i stay short if we fall down before cpi i take the profit and run
for a short perspective i don't like 4H close. for sure
1H is ok - also close it's still bearish but the way they bot the dip is not ok for short.

still leaving it open but 10/20 pips i m out
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #92,268
  • Nov 10, 2021 4:11am Nov 10, 2021 4:11am
Quoting gatorinla
{quote} you may have a subrange here 1561 to 1583 ish. Lets see what one holds and what one does not. The upper end above is 1608/13 and last weeks low area. {quote} before cpi the subrange may work for hours. its about 12 pips. 3.5 hs {image}
it may look like this before cpi.
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those who can, do. those who cant, talk about those who can
  • #92,269
  • Nov 10, 2021 4:35am Nov 10, 2021 4:35am
Quoting DMA Trader
{quote} there is your 1.156 EU but for me it's done until we trade above 1.16 i am not touching longs. no sure about short game has changed. imo it has to do with CPI today or Evergrande or something but i will be out of the market until dust settles. probably Boulder and you got it with Shorts now. if i get a change after CPI maybe. i still think we will get bigger moves. this calm is not real. TSLA drop yesterday is an example what the market can do once it starts correcting here or couple of thousand points higher on the DJI who knows
I leaned a while back. Bad news for the U.S. Is often short run. Because bad news for the U,S, means bad news for the world. Since The U.S. is a large consumer. It all trickles to other economies sooner or later. 4 months of wanting to go down, wont be erased by a day of going up. More bad news is weighted against the large tech support. So PA consolidates at the support area 1492. Between the large Year 1596 and 1492 While grinding here. Smaller trends are as useful as tits on a mule. Smaller trends atm means below week. A 1 minute may be all you get.
those who can, do. those who cant, talk about those who can
  • #92,270
  • Nov 10, 2021 4:49am Nov 10, 2021 4:49am
Quoting gatorinla
{quote} you may have a subrange here 1561 to 1583 ish. Lets see what one holds and what one does not. The upper end above is 1608/13 and last weeks low area. {quote} before cpi the subrange may work for hours. its about 22 pips. 3.5 hs {image}
edited and changed 12 pips to 22 pips.
those who can, do. those who cant, talk about those who can
  • #92,271
  • Nov 10, 2021 4:55am Nov 10, 2021 4:55am
Warning by Chinese Government sparks panic buying in China (msn.com)
  • #92,272
  • Nov 10, 2021 5:09am Nov 10, 2021 5:09am
Quoting codyt.b
Warning by Chinese Government sparks panic buying in China (msn.com)
Evergrande also missed there coupon payments WITH the 30 day grace ... they had till today also chinese cpi came in HOT so could both of those factors could weigh in on markets .
  • #92,273
  • Nov 10, 2021 5:12am Nov 10, 2021 5:12am
Quoting gatorinla
{quote} it may look like this before cpi. {image}
close enough for 1 to me.
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those who can, do. those who cant, talk about those who can
  • #92,274
  • Nov 10, 2021 5:14am Nov 10, 2021 5:14am
Quoting gatorinla
{quote} edited and changed 12 pips to 22 pips.
printed an engulfing on 1 min as soon as it touched!
nice
  • #92,275
  • Nov 10, 2021 5:18am Nov 10, 2021 5:18am
Quoting DMA Trader
{quote} for a short perspective i don't like 4H close. for sure 1H is ok - also close it's still bearish but the way they bot the dip is not ok for short. still leaving it open but 10/20 pips i m out
doesn't get any better than this
had tp at the exact same level witch clearly i don't understand
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Rule No.1: Never lose money. Rule No.2: Market is always right !
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  • #92,276
  • Nov 10, 2021 5:20am Nov 10, 2021 5:20am
Quoting DMA Trader
{quote} doesn't get any better than this had tp at the exact same level witch clearly i don't understand {image}
but for me things are going down - cpi may put a pause. but i think it's scenario 2 if cpi or some bs news does not stop going out of risk
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #92,277
  • Nov 10, 2021 5:21am Nov 10, 2021 5:21am
Quoting DMA Trader
{quote} we have to very important scenarios here i would favor dollar weakens more but i will wait for charts we are very close to supports on USD. but we are not breaking it. so either we need catalyst of PPI or something or something needs just to have a reason but if it happens i would not play against pretty much tension 2. scenario dollar strenghtens a littlle and we visit the last eur/usd lows./ gu etc i am not playing this one i think for the dollar to have more power needs something biggher like china credit, evergrande etc....
scenario 2 may do a lot of damage. be very careful
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #92,278
  • Nov 10, 2021 5:30am Nov 10, 2021 5:30am
Quoting gatorinla
{quote} close enough for 1 to me. {image}
1 min hasn't turned for bulls yet. Some 1 m R at 1571 64 58
those who can, do. those who cant, talk about those who can
  • #92,279
  • Nov 10, 2021 5:32am Nov 10, 2021 5:32am
Quoting gatorinla
{quote} 1 min hasn't turned for bulls yet. Some 1 m R at 1571 64 58
yea i hopped in early ... -3.2
  • #92,280
  • Nov 10, 2021 5:40am Nov 10, 2021 5:40am
Quoting gatorinla
{quote} 1 min hasn't turned for bulls yet. Some 1 m R at 1571 64 58
this setup sometimes finish with a panic. daily have been selling all rallies. just like the 1.167 debacle.
at right now 1.1492 is very close. to stop it. but for sure there is huge support here

of course it's tempting now for 1.153 area - or here or a little lower. for long but all times and pressures are coming down
same thing for aud - nzd gu. dollar is getting some strength - maybe something changes on CPI -

or it's a very good opportunity to buy. but i will not.

gold back below 1830
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
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